mahiwaga

I'm not really all that mysterious

In Case of Recession, Break Glass

Maybe I’m being totally paranoid, but I’m worried about an October surprise, specifically, the stock market crashing and the economy collapsing again.

For one thing, we haven’t had a recession the entire Obama administration. This has been the longest period of sustained growth in my entire life. But the flip side is that anyone who isn’t a 1%er doesn’t really have much to show for it. For another thing, the Obama administration (in concert with a completely useless Congress) really didn’t do very much to make sure something like the Global Financial Crisis of 2008 can never happen again. Someone I know who works with Wall Street firms tells me that everything that happened in the late ’00s is basically still happening, and it’s only a matter of time before everything comes crashing down again.

And in the event of a financial meltdown, what’s Clinton going to say after she took all that money from all those banks? Trump—who, despite being a 1%er—will totally run on the “I’m not like these other guys, I have a better plan” platform and everyone who is financially ruined by another crash will completely believe him even if he leads us all into the abyss.

This is one of the main reasons why I think Sanders is actually the safe bet.1

Right now, with positive grown, low unemployment, and low inflation, the point is moot. But if we end up in the throes of another Great Recession (1) a lot of incumbents are going to lose their seats in Congress this November, almost certainly shifting the balance of power again and (2) anyone opposing the new President trying to fix the economy will lose their seat in 2018.

Sure, it’s a lot of ifs, but people make crazy decisions when their IRAs and 401ks lose half their value, and that crazy decision might be President Trump if there isn’t another anti-Wall Street alternative.2

  1. crossposted on

  2. crossposted on

posted by Author's profile picture mahiwaga

Escaping Donald Trump

Dark thought after last night’s results: How ironic would it be that when President Trump gets inaugurated and starts rounding people up, the rest of the world would refuse to accept refugees from the U.S.?

(crossposted on Facebook){: .metadata }

posted by Author's profile picture mahiwaga

Chris Christie as Reek

Chris Christie as Theon Greyjoy. Donald Trump as Ramsay Bolton. Perfect.

Chris Christie has the glazed and terrified look of someone who has traded his inheritance for no pottage at all, who has watched his credibility dry up and is about to be led back to his basement cage, having lost Winterfell for good.

Chris Christie’s wordless screaming • 2016 Mar 2 • Alexandra Petri • Washington Post

posted by Author's profile picture mahiwaga

Blaming the Victims

It’s kind of victim-blaming bullshit that people are more angry with people who want to vote their conscience and choose the most progressive candidate than with the assholes who are hell-bent on installing a fascist dictator in the White House.

You really should just let the process play out as it’s meant to instead of haranguing people because this is exactly what the primaries are for. Telling people they’re being stupid isn’t going to do your candidate any favors.

And if you think someone who is voting their conscience can be persuaded to “be pragmatic”, then you are utterly and hopelessly optimistic about human nature.

posted by Author's profile picture mahiwaga

I Think John McAfee Needs Help

#NotMedicalAdvice but it looks like John McAfee is in the throes of mania and needs in-patient psychiatric care.

John McAfee better prepare to eat a shoe because he doesn’t know how iPhones work • 2016 Mar 1 • Peter Bright • Ars Technica

How many people does John McAfee have to shoot in the back of the head before he gets the care he needs?

posted by Author's profile picture mahiwaga