Are Banks Terrorists?
Are Banks Terrorists? : The logic of terrorism is simple. To intimidate a state into action or inaction. If you don’t give us what we want, we’ll blow something up. Do it - or else.Exactly the same logic has been at work throughout the financial crisis. The state has been terrorized into action - and inaction. Too big to fail is a weapon of economic intimidation - just like a bomb threat. If you don’t give us a bailout, the financial system will fail. If you disclose it, the financial system will fail. You have no option but to give us exactly what we want - cash, now, on our terms.
"Why do we Tumbl? In the end, we use Tumblr not because it’s a great way to connect with our
“Why do we Tumbl? In the end, we use Tumblr not because it’s a great way to connect with our readers (though it is that), or because we believe this or something like it is a part of a new way forward for interaction between publishers and audience (though we think that too). We use Tumblr because it’s fun and while, you know, you can’t eat fun, or trade it in for fistfuls of dollars to fund serious journalism, we believe there’s a value in doing things we like simply because we like to do them, and that hopefully our fellow Tumblrs will too.” - Newsweek: Why We Tumbl |
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