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Living In A Culture of Delusion Leads To Denial, Ignorance and Worse "There is a tension between not wanting to put on the front page of every newspaper in the country the specific compensation packages of these individuals ... versus the public's right to know," he said.” What are they afraid of? Apparently, embarrassing protest. Here’s the worry cited: an earlier disclosure sparked criticism of Treasury Secretary Timothy Geithner “and prompted left-leaning groups to organize bus tours to visit the homes of AIG employees.” Bloomberg reports,“Manhattan Chief U.S. District Judge Loretta Preska rejected the central bank’s argument that the records aren’t covered by the law because their disclosure would harm borrowers’ competitive positions. The collateral lists “are central to understanding and assessing the government’s response to the most cataclysmic financial crisis in America since the Great Depression,” according to the lawsuit that led to yesterday’s ruling.’ No doubt the Bank will appeal! One Journal reports: “In a study published in the most recent issue of the journal Sociological Inquiry, sociologists from four major research institutions focus on one of the most curious aspects of the 2004 presidential election: the strength and resilience of the belief among many Americans that Saddam Hussein was linked to the terrorist attacks of 9/11. Although this belief influenced the 2004 election, they claim it did not result from pro-Bush propaganda, but from an urgent need by many Americans to seek justification for a war already in progress. “The findings may illuminate reasons why some people form false beliefs about the pros and cons of health-care reform or regarding President Obama's citizenship, for example. “We can put the point more directly by observing that increasing tolerance of economic inequality and increasing intolerance of racism, sexism and homophobia – of discrimination as such – are fundamental characteristics of neoliberalism. Hence the extraordinary advances in the battle against discrimination, and hence also its limits as a contribution to any left-wing politics. The increased inequalities of neoliberalism were not caused by racism and sexism and won’t be cured by – they aren’t even addressed by – anti-racism or anti-sexism…. “Thus the primacy of anti-discrimination not only performs the economic function of making markets more efficient, it also performs the therapeutic function of making those of us who have benefited from those markets sleep better at night.” |