After spending the last 30 years cajoling and coercing everybody in America (and Europe) to give up cash and curtail check-writing in favor of using debit cards to pay for everything, now JPMorgan Chase and the other giant banks are preparing to screw us all over by instituting $50 transaction limits on debit cards. Now they would like to force everyone to use credit cards, so that they can increase their own per-transaction profit as well as nail everybody on the inevitable PMITA-level interest rates when people don’t pay off the balances. Come the revolution, these fuckers need to be first against the wall.
The ubiquitous Johann Hari really wants to spoil your weekend with this piece in yesterday’s Huffington Post on the coming economic tsunami created by higher oil and food prices. Like the man says, if anyone had actually listened to Jimmy Carter back in 1978, we might not be as completely fucked over as we are now, but that ship has long since sailed.
Wanna see how politics really works? Here’s a little video of Massachusetts Senator Scott Brown fluffing Tea Party-funder and libertarian douchebag David Koch at a little political event:
And a little editorial cartoon just to liven things up:
Have a great weekend!
