Saturday, December 19, 2009

Dead peasant

Earlier, in terms of class acts (bankers, in particular), there was a post that mentioned the 'dead peasant' issue that has come to attention, of late. Not that it wasn't already an established thing. Rather, we now know.

What does 'dead peasant' refer to? Well, it's not a bird in hand in some place like Stratford, Texas (the pheasant capital of the world). Rather, it's a reminder of times past when lords had their serfs (peasants). The lord owned all, much like the modern capitalist thinks he or she owns all under their view.

Gosh, that companies can be given the same rights as a human seems to outrageous. What it does is create a bully, yes legal minds consider that (oh, wait, is that not what many lawyers are?). Of course, given that the legal mind has more on its plate than human rights, what ought we to expect?

Anyone who has worked for a company, both management (lower levels) and non-management, knows that one gives one's soul to the company (you load more than 16 tons and get only cursory attention and respect) and that, in many cases when one is feeble and old, promises of a decent retirement don't come forth.

Getting back to the issue at hand, let's just list a few items with comment.
  • -- The WSJ had a good overview of the situation. You have to pay to see, but the first part mentions that Bank of America, itself, had received over 17B (yes, billion) at the end of the first quarter of 2009.
  • -- Hair Balls' comments are accessible. It points to an original storyline (Feb 2009 timeframe).

  • -- Michael Moore weighs in.
  • ...
Enough said, for the moment.


10/28/2011 -- Unconscionable, in any sane way. The OWS ought to look at this.

05/28/2011 -- They also gave us more lemons than not.

01/01/2011 -- We have four last posts of December under our belt.

01/01/2011 -- The bank settled.

Modified: 10/28/2011

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