I know you have all been lying awake at night worrying about this, watching the minutes tick by while precious sleep cruelly eludes you. But alas, you can now rest easy knowing that giant house-building companies will be getting tax cuts resulting in multi-million dollar refunds, necessary in order to save these struggling businesses from mountains of debt and impending corporate death... wait, what? They're not struggling? Many of the largest home builders are actually sitting pretty atop the piles of cash they made while helping to create the very bubble that caused this recession to begin with? But the Worker, Homeownership and Business Assistance Act of 2009 is still going to result in them getting refunds of hundreds of millions of dollars?
Well, as long as we don't give them healthcare...
Home Builders (You Heard That Right) Get a Gift
Sunday, November 15, 2009
Tuesday, July 21, 2009
Back in Business!
America, I apologize for our lack of bloggery, which lord knows is sorely needed in these tough economic times. We are not ignorant to the fact that this blog brought a brief moment of respite and levity to millions of you laid-off and about-to-be-laid-off blog-readers. None of you killed yourselves, did you? I hope not.
You know what the problem is? Someone at the New York Times must have realized we were making fun of their stupid articles about rich people becoming slightly less rich, because they stopped writing so many. We're lazy, you guys. We can't just come up with blog ideas on our OWN. So we kind of shut ourselves away for a while and watched our official crying movie (A League of Their Own) until we were ready to come back out into the public sphere again.
And here we are! How about that recession, huh? I actually noticed in some Times article the other day, the author just came right out and said "Great Recession". Like he decided "fuck it, we've been pussyfooting around long enough and if no one else is going to make the call on it, then goddammit, I AM. I am a NEW YORK TIMES REPORTER. And I'm going to call it the GREAT RECESSION." Bravo, sir.
In other news, things are not looking good for Obama's health care initiative. I can't really even talk about this, as it makes me too mad. Who doesn't want universal health care? Rich assholes who can afford good health insurance, that's who. They don't get to decide! Go buy your stupid Blue Cross Blue Shield, rich people! Leave me my socialized medicine!
You know what the problem is? Someone at the New York Times must have realized we were making fun of their stupid articles about rich people becoming slightly less rich, because they stopped writing so many. We're lazy, you guys. We can't just come up with blog ideas on our OWN. So we kind of shut ourselves away for a while and watched our official crying movie (A League of Their Own) until we were ready to come back out into the public sphere again.
And here we are! How about that recession, huh? I actually noticed in some Times article the other day, the author just came right out and said "Great Recession". Like he decided "fuck it, we've been pussyfooting around long enough and if no one else is going to make the call on it, then goddammit, I AM. I am a NEW YORK TIMES REPORTER. And I'm going to call it the GREAT RECESSION." Bravo, sir.
In other news, things are not looking good for Obama's health care initiative. I can't really even talk about this, as it makes me too mad. Who doesn't want universal health care? Rich assholes who can afford good health insurance, that's who. They don't get to decide! Go buy your stupid Blue Cross Blue Shield, rich people! Leave me my socialized medicine!
Tuesday, April 28, 2009
Being That You Brought Her, I Trust You Shall Be So Kind As To Pelham Manor
Oh my goodness. Did you know that some unemployed high-powered executive-type males have had to (GASP) STAY HOME AND CARE FOR THE CHILDREN??? The New York Times confirms it is true. At least in Pelham Manor, New York. Pelham Manor? Really? Your whole rich people suburb is one manor? How does that work? Was "Fancypants Acres" taken? Hold on while I add this to the list of things I hate and fear. Okay.
Titans of industry are losing their jobs left and right in ye olde Pelham Manor, so some of these unfortunate fellows have had to stay home with the kids while their wives work. What is this world coming to, when men who were once paid way too much to buy and sell things that are not real must stay home and raise little humans while their helpless, delicate wives go out and earn the money? The men have to cook dinner and pick kids up from school, while the women are presumably being preyed upon by wolves and mustache-twirling villains in the forest outside the village. The whole natural order of things is upset! Pelham Manor, I feel like I don't even know you any more!
Things are looking especially rough for unemployed dad Jerry Levy. He's had trouble fitting in at PTA meetings because he "tends to tackle matters with a bluntness honed in the financial industry" (translation: "is an asshole").* But Jerry has a lot of money saved up, and has taken over many of his wife's chores. Oh yeah, his wife? Doesn't have to work either. And they have a nanny. So, you know, pretty typical American family. Except for the shame--THE SHAME!--of being a stay-at-home dad.
...Mr. Levy said, one uncomfortable aspect of his new life is a certain loss of power. “At work, you are used to everyone listening to you — assistants, accounting, the middle office, sales coverage and outside vendors,” he said. “But try to get your four children to listen to you.”
OH AH HA HA HA HA HA CHILDY ANECDOTES! SOMEONE FETCH ME RAYMOND WHOM EVERYBODY LOVES FORTHWITH, FOR HE WOULD TRULY DELIGHT IN THIS JAPERY. Do you like how he had to list everyone he used to order around? What in hell is a middle office? Do I really need to translate again, when it's clear "everyone listening to you" means "everyone hating me, Jerry Levy"?
Here's the thing. Unless everyone in Pelham Manor is like Lady Levy (and hell, for all I know, they are, but I am trying to operate from a place of optimism), I highly doubt these stay-at-home dads' wives were full-time moms who suddenly went back to work when their husbands got laid off. I bet most of them were already working full-time, or close to it. Those Dutch Colonial homes with negro jockey statues in front aren't going to pay for themselves. I double-or-nothing bet these women were doing the bulk of the child-raising while working, while their financey husbands were crowing about how busy they were doing business and weren't lifting a goddamned finger around the house. Where's their tickertape parade?
More men than women have suffered layoffs in these tough economic times, and it sucks when anyone gets laid off, but that's really just a minor bummer compared to the fact that women are still paid less than men, as has been the case since, oh, the Industrial Revolution and the invention of wage labor. Is it better to get laid off and get unemployment, or continue being marginally employed at a job only because your boss can get away with paying you less than the dude in the next cubicle? The consistent undervaluing of women's labor, paid and unpaid, is the real story here.
Luckily for you, I'm too lazy to get into that story and would much rather just keep making up alternative names for Pelham Manor. Entitlementon. Blancho Villa. Simpleton Keep. George Foreman Jr. Knickerbocker Estates. Schloss Neidstein.
*Also: honing does not result in bluntness. It sort of results in the opposite, sharpness. Nice writing, New York Times.
Titans of industry are losing their jobs left and right in ye olde Pelham Manor, so some of these unfortunate fellows have had to stay home with the kids while their wives work. What is this world coming to, when men who were once paid way too much to buy and sell things that are not real must stay home and raise little humans while their helpless, delicate wives go out and earn the money? The men have to cook dinner and pick kids up from school, while the women are presumably being preyed upon by wolves and mustache-twirling villains in the forest outside the village. The whole natural order of things is upset! Pelham Manor, I feel like I don't even know you any more!
Things are looking especially rough for unemployed dad Jerry Levy. He's had trouble fitting in at PTA meetings because he "tends to tackle matters with a bluntness honed in the financial industry" (translation: "is an asshole").* But Jerry has a lot of money saved up, and has taken over many of his wife's chores. Oh yeah, his wife? Doesn't have to work either. And they have a nanny. So, you know, pretty typical American family. Except for the shame--THE SHAME!--of being a stay-at-home dad.
...Mr. Levy said, one uncomfortable aspect of his new life is a certain loss of power. “At work, you are used to everyone listening to you — assistants, accounting, the middle office, sales coverage and outside vendors,” he said. “But try to get your four children to listen to you.”
OH AH HA HA HA HA HA CHILDY ANECDOTES! SOMEONE FETCH ME RAYMOND WHOM EVERYBODY LOVES FORTHWITH, FOR HE WOULD TRULY DELIGHT IN THIS JAPERY. Do you like how he had to list everyone he used to order around? What in hell is a middle office? Do I really need to translate again, when it's clear "everyone listening to you" means "everyone hating me, Jerry Levy"?
Here's the thing. Unless everyone in Pelham Manor is like Lady Levy (and hell, for all I know, they are, but I am trying to operate from a place of optimism), I highly doubt these stay-at-home dads' wives were full-time moms who suddenly went back to work when their husbands got laid off. I bet most of them were already working full-time, or close to it. Those Dutch Colonial homes with negro jockey statues in front aren't going to pay for themselves. I double-or-nothing bet these women were doing the bulk of the child-raising while working, while their financey husbands were crowing about how busy they were doing business and weren't lifting a goddamned finger around the house. Where's their tickertape parade?
More men than women have suffered layoffs in these tough economic times, and it sucks when anyone gets laid off, but that's really just a minor bummer compared to the fact that women are still paid less than men, as has been the case since, oh, the Industrial Revolution and the invention of wage labor. Is it better to get laid off and get unemployment, or continue being marginally employed at a job only because your boss can get away with paying you less than the dude in the next cubicle? The consistent undervaluing of women's labor, paid and unpaid, is the real story here.
Luckily for you, I'm too lazy to get into that story and would much rather just keep making up alternative names for Pelham Manor. Entitlementon. Blancho Villa. Simpleton Keep. George Foreman Jr. Knickerbocker Estates. Schloss Neidstein.
*Also: honing does not result in bluntness. It sort of results in the opposite, sharpness. Nice writing, New York Times.
Tuesday, April 14, 2009
Wall Street: Where the Stars Come Out to Shine!
The stars of banking, that is. What? You don't know about those stars? Clearly someone is not reading enough New York Times! Crisis Reshaping Wall Street as Stars Begin to Scatter
This article bemoans the loss of "top talent" as bankers from Goldman Sachs, Morgan Stanley, and others flee their sinking ships for the greener pastures of startups and smaller banks, which are hilariously described as "boutique" by the NYT, making me picture them as tony little joints in Paris where the ladies wear big hats and elbow gloves and the men wear smoking jackets and puff on cigars as they look over their monacles to conduct their business transactions.
Threatened by the odious dual threats of less payoff and more fiscal responsibility, some of the very people responsible for driving the economy off a cliff are now abandoning their posts (so much for those "retention" bonuses, huh?)to take ones at these boutique firms that are still intent on chasing fast profits and growth. Because learning your lesson? Ugh! [to steal a turn of phrase from Lady Blogpants]
The cliche of rats fleeing a sinking ship is actually not an appropriate analogy - the rats weren't the ones doing the ship-sinking, after all.
My favorite quote is from Lee Fenterstock, the chief executive of Broadpoint, a smaller Manhattan financial firm snapping up these so-called banking stars like a flock of pigeons after a dropped Lucky Dog. "We have the opportunity to step into the shoes of a Bear Stearns or a Lehman," he said. Umm... didn't both those firms just fail in a fantastical and dramatic manner? I think I'd leave those shoes right where they are.
This article bemoans the loss of "top talent" as bankers from Goldman Sachs, Morgan Stanley, and others flee their sinking ships for the greener pastures of startups and smaller banks, which are hilariously described as "boutique" by the NYT, making me picture them as tony little joints in Paris where the ladies wear big hats and elbow gloves and the men wear smoking jackets and puff on cigars as they look over their monacles to conduct their business transactions.
Threatened by the odious dual threats of less payoff and more fiscal responsibility, some of the very people responsible for driving the economy off a cliff are now abandoning their posts (so much for those "retention" bonuses, huh?)to take ones at these boutique firms that are still intent on chasing fast profits and growth. Because learning your lesson? Ugh! [to steal a turn of phrase from Lady Blogpants]
The cliche of rats fleeing a sinking ship is actually not an appropriate analogy - the rats weren't the ones doing the ship-sinking, after all.
My favorite quote is from Lee Fenterstock, the chief executive of Broadpoint, a smaller Manhattan financial firm snapping up these so-called banking stars like a flock of pigeons after a dropped Lucky Dog. "We have the opportunity to step into the shoes of a Bear Stearns or a Lehman," he said. Umm... didn't both those firms just fail in a fantastical and dramatic manner? I think I'd leave those shoes right where they are.
Subscribe to:
Posts (Atom)