Comedic gold from Lee Camp!
In my mind the art of good comedy is satirizing the truth in a way that highlights the ridiculousness of the situation. Lee Camp has an uncanny ability to do just that. When the Yes Men punked General Electric the stock price actually dropped causing investing to lose money. The total looks like it was somewhere around a couple billion dollars.
It took 30 minutes for General Electric to come out and say they were not in fact giving back the $3.2 billion it received as a tax benefit. Their stock recovered.
The bottom line of profit is all that matters and nothing being done out of the common good is rewarded. If we could do it all over again – is this the system we would create?
Originally posted at my site.
"The world is a rigged game"
Matt Taibbi at Rolling Stone: “Word has leaked out that the London-based firm ICAP, the world’s largest broker of interest-rate swaps, is being investigated by American authorities for behavior that sounds eerily reminiscent of the Libor mess. Regulators are looking into whether or not a small group of brokers at ICAP may have worked with up to 15 of the world’s largest banks to manipulate ISDAfix, a benchmark number used around the world to calculate the prices of interest-rate swaps.”
On winning and values
So, right-wingers, you want a society where families are stable, where everybody looks like you and shares your Christian faith, and where the government pretty much stays out of your business? It’s not in some Randian fantasy, it’s right here in the USA.
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