Sunday, October 15, 2006

Credit Where Credit's Due

A relative blogging-foetus, the Beneficent Allah has already beaten me to the punch on what could have been a classic I am justice./Give Me a Balcony post. And while we here at GMaB probably could've done it better, we're glad to see that finally Shukronline is getting the attention it deserves.

Hint to Actual God: for Eid, I want an Afghan hat!

Picking the Strong Horse

Frankly, I don't have much to say about the Vayner debacle, except that I had a class with him, and he was charming.

Yesterday, as Actual Rod was speaking with the Actual God (I KNOW, TOM, YOU CAN CONGRATULATE ME LATER), he was urged to return to the blogosphere, after an absence of several months. Well, color me returned, and rejoice quietly as I kick some morsels of what is probably obvious to you all:

The Free Market does not exist. The profitable corporations of the United States are wholly subsidized by the taxpayer, and this wealth is accumulated and held overwhelmingly by only the very top levels of most corporate entities. Let's also not forget that the main engine of the "high tech" economy, which is "defense spending" (to the tune of over $500 billion a year counting supplementary spending by Congress throughout the fiscal year--much of this spending once again goes to pay for the whims of military-industrial oligarchs while tens of millions of Americans languish in poverty). If the US military were well-equipped and unbeatable, then we could say perhaps that from a purely jingoistic perspective, that spending was worthwhile; it is neither, however, and we must determine that at least the half a trillion spent on devising the perfect ways to kill people every year in this country is not being spent efficiently. Well, we're talking about half of the world's military spending, spent inefficiently, within the framework of a well-established system of corporate welfare--if the parts of the military budget that go to private hands is added onto the roughly $120 billion (linked above) spent explicitly on corporate welfare, you begin to get the picture--those who benefit most from a form of state capitalism akin to Stalinism happen to enjoy the effects of the 'free market', whereas any aid to those who would stand to benefit, both in the US and abroad, constitutes an unacceptable distortion of the market.

Take a critical look at these numbers, if you have the time.

Okay, what does that mean? That means that if your annual income is anywhere below the top 1% in the US, a good portion of your income tax is going directly into the pockets of that 1%. I would argue that those are exactly the people who do not need your money.

But, as always, I could be wrong.