Made in the U.S.A.: Socialism for the Rich.
Capitalism for the Rest.
GameStop Is Rage Against the Financial Machine
https://www.bloomberg.com/opinion/articles/2021-01-27/gamestop-short-squeeze-is-rage-against-the-financial-machine
John Authers notes:
“Instead of greed, this latest bout of speculation,
and especially the extraordinary excitement at GameStop, has a different
emotional driver: anger. The people investing today are driven by righteous
anger, about generational injustice, about what they see as the corruption and
unfairness of the way banks were bailed out in 2008 without having to pay legal
penalties later, and about lacerating poverty and inequality. This makes it unlike
any of the speculative rallies and crashes that have preceded it”.
Philadelphia let ‘college kids’ distribute
vaccines. The result was a ‘disaster,’ volunteers say.
https://www.washingtonpost.com/nation/2021/01/27/philly-fighting-covid-vaccine/
“Philadelphia is home to some of the most venerated
medical institutions in the country. Yet when it came time to set up the city’s
first and largest coronavirus mass vaccination site, officials turned to the
start-up Philly Fighting COVID, a self-described “group of college kids” with
minimal health-care experience.
Chaos ensued.
Seniors were left in tears after finding that
appointments they’d made through a bungled sign-up form wouldn’t be honored.
The group switched to a for-profit model without publicizing the change and
added a privacy policy that would allow it to sell users’ personal data. One
volunteer alleged that the 22-year-old CEO had pocketed vaccine doses. Another
described a “free-for-all” where unsupervised 18- and 19-year-olds vaccinated
one another and posed for photos”.
The Great Reversal: How America Gave Up on Free Markets
