- Aug 11, 2012
- 55,515
- 147,137
Would not surprise me to see Bernie Madoff name in a couple minutes
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It’s almost like courts and judges don’t even matter anymore.
And, as a black man, I am unabashedly—deeply—concerned with the black plight in America.
i kinda feel like bloomberg wouldnt be able to go unchecked by the right OR left the way Trump enjoys at the moment. the right will oppose him off the strength that he's a D, the left will check him cause hes historically to right of them on a lot of stuff, fear of big money and corporate interests and such. even with dem control of house and senate they wont slurp him the same way the GOP slurps trump
Great article here. When I read the part about Bloomberg and all the mayors whose endorsement he bought, I thought about the role of mayor and city council and county board and even governor, in many cases, and how powerless they are before capital in this, the age of neoliberalism.
It’s funny because I caution my students against applying simple concepts from micro economics to real life and to public policy. Elites have a tendency to simplify the life experiences and complex realities of poor people and poor communities and they seek to impose solutions based upon something they learned in their freshman micro economics class.
By contrast, simple macro economic concepts often times work in the opposite direction. Finance and flows of capital are not very complex but elites deliberately mystify these things. In the case of the US economy and all the social and political consequences that flow from it, a big picture view of capital flows is elucidating.
Before 1970 or so, the biggest capitalist were industrial capitalists, out of self interest, they wanted to keep their local communities reasonable educated, housed, fed, willing to start families and with access to decent infrastructure. All to help them get those workers to get to work in the industrial capitalists’ factory, be productive, cheaply move raw materials into the factory, cheaply ship out finished goods and for the workers to start families and create the next generation of workers.
While there were, of course, class antagonisms, there also was a lot of overlapping interests and in that economic structure local officials were powerful people who mediated and brokered deals between their local industrial capitalists and their local workers.
With the ascent of neoliberalism and financial capital, which started around 1975 and continued to this day, FIRe sector (finance, insurance and real estate sector) starts to pull capital out of these industrial oriented communities, put it on the hands of the very wealth who then invested it into real estate in a few metro areas, the “knowledge economy” in a few big metro areas, manufacturing in countries with little to no labor environmental laws and back into the FIRe sector which pumped more capital out of the vast majority of communities in this country.
In all but a few cities, the role of mayor became beggar in chief. Their role became that of attracting capital from these rich and powerful financiers and financial institutions. In exchange for relatively small infusions of capital, mayors discipline their own long time and now mostly poor residents and cater to the desires of outside capital. Often times, the mayors and other local officials shift the burden of funding local services onto those poor residents by offering outside investors tax free status, euphemistically known as “incentives.”
Now this brings me back to Bloomberg. Bloomberg has been on both sides of the ledger. He has been an oligarch, whose own business dealings in the financial sector, financial media and financial information gathering facilitated the extraction of capital from most of America (including many formerly middle class and industrial neighborhoods in big cities like New York). Bloomberg also has played the role of mayor who punished long time residents in order to attract capital into his city.
Bloomberg knows the game and he knows how to leverage capital to dictate the behavior of mayors.
Short version: when most of the wealth belongs to a few people and companies, they dictate how elected officials act. That is corrosive to popular sovereignty.
I actually prefer Trump.
I like my racism Southern style...out in the open, with that bold, unfiltered, Organic, Non-GMO, clean, reliable taste.
so more Justices and Judges like Gorsuch and Kavanaugh? More AG’s like Barr? More Secretaries of State like Mike Pompeo?
I'm not rolling. Trump is considerably more dangerous of the 2 with 0 checks from congress and a lap dog AG
four more years of Trump brings judicial appointments that will do damage for decades
i'll also take the benefit of Bloomburg not being an anti-science, climate change denying moron like those that enable Trump
The president is the one that appoints Justices for Supreme Court vacancies, the Senate approves the appointment. Same with other Federal judges.Thats not Trump...thats Mitch McConnell.
Also - Joe Biden wrote the 1994 Crime Bill.
Distictions w/o differences.
Bloomberg is the kinda cat that smiles with you until you tell him you're moving to his neighborhood. Then, he pulls his kids out of public school and defunds it, moves one town over but maintains his current address just so he can vote to get the garbage collection budget of his old neighborhood slashed. Y'all still exchange that good, casual convo at the grocery store though.Bloomberg is the kind of racist you never see coming until its too late.
Thats not Trump...thats Mitch McConnell.
Also - Joe Biden wrote the 1994 Crime Bill.
Distictions w/o differences.
no, that's Trump
say what you want about Bloomberg - his justices and judges will NOT be coming from the Federalist Society
The president is the one that appoints Justices for Supreme Court vacancies, the Senate approves the appointment. Same with other Federal judges.
My G, McConnell doesn't have the power to work unilaterally. Trump and Mitch are working together....Mitch is the one doing the judicial stuff Fam.
At least people can see whats going on with those federelist types and protest in the street - as theyve been doing.
Bllomberg is going to look out for rich folks - and do it in a way that youll never see it coming.
Who gives a ****, that doesn't matter. He is the one that appoints them.Fam - do you actually beleive Donald J Trump is reading resumes / appointing judges?
...Mitch is the one doing the judicial stuff Fam.
At least people can see whats going on with those federelist types and protest in the street - as theyve been doing.
Bllomberg is going to look out for rich folks - and do it in a way that youll never see it coming.
Sure we might have solved the transexual bathroom usage issue but the real stuff like inequality, justice, etc....
Not so much.