Quote:
Originally Posted by Trolly McTrollson
I know I'm repeating myself here, but it's just ****ing amazing that when Trump the career con artist is given the awesome powers of the presidency of the US that he engages in these penny-ante, Fox News-grade commemorative coin scams. That's pretty lazy grifting, bro. Like, imagine the Leo DeCarpiro Wolf of Wall Street character who's energetic and hungry being in the White House and think of all the billions and billions he could skim off the executive office.
Vladimir Putin is rumored to be the wealthiest person in the world in large part because he uses state power to gobble up entire oil companies whole and uses the FSB to murder anyone who starts ****. Of course Russia has fewer safeguards against grifting, but still just imagine Putin wasting his time selling $45 dollar coins.
Just ****ing embarrassing that the US invented hustling and we can't even hustle properly.
I've ham handedly made this point before and will continue to make it tongue-in-cheek, but I am half serious. That is, I write some stuff below for humorous effect but I think it is genuinely a factor and worth remembering:
The left has to realize some of the extensions of their own criticisms. What do I mean by that?: well, if we acknowledge America has a garbage consumption economy built off of consuming cheap, disposable **** (a typical leftist criticism) and tons of wealth is sort of informally (or formally) and unfairly horded by whites due to inheritance and nepotism and racism and segregation (another leftist criticism) -- both of those factors (among others) inform and impact the nature of our grifts.
So, Putin's grifts are the old style smash and grab of extracted mineral and chemical resources and various extortion schemes because of the nature of their economy and the location of stored wealth. Putin has to seize oil and threaten business people because he can't scam ordinary Russians who are on average relatively poor when compared to the average American. Our middle class is shrinking but still extant. Putin uses the brute force approach and the direct victims are competing elites. Obviously downstream, the indirect victims are all Russians. When your country is basically a criminal syndicate, everyone loses.
But the point remains that it's a bit more of a classic criminal enterprise where the strongman threatens and seizes with force and the victims are usually competitive strongmen. Your moral calculations may vary as to the nature of this, I surely don't praise it, but imagine instead if Trump was shaking down Exxon or Goldman Sachs and how much sympathy you would have. Maybe some, maybe we'd frown, and acknowledge that it's bad, sure, and certainly the holistic degradation of their legal culture makes everyone suffer. But on the whole, I think you might feel better he was grifting other rich bozos and not dumb old whites. In either case, I'd just note the classical, more Marxist analysis of Putin is that he's sort of just an everyday criminal.
Yes, Trump is a lazy grifter and his hustles are embarrassing, but America's unscrupulous grifters spend so much time conning dumb olds because because America's dumb olds are where the money is at. And this is where we depart from Russia. The typical victims of America's Gifting Long Conners are the petite bourgoise and others who occupy the middle class. Sure, maybe we have some better legal protections and a more proactive legal culture that deters and prosecutes brazen extortion schemes and so perhaps America's Gifting Class isn't really engaged in subterfuge class warfare by calculation, only by necessity. But I'm not so sure.
But I think sorting out the meta factors are instructive. And I think America's jaunt into increasingly hyper competitive capitalism and the victims it creates are, minimally, interesting to watch. And I think the last 15-20 years of the increasing diversity, vibrancy, and new product development in the Scam Dumb Old Whites markets is very, very telling. Every few years brings new innovations and developments: commemorative coins, reverse mortgages, gold investments, identity theft protection, homeopathic medicines, herbal cancer cures, garbage Stansberry investment newsletters, really the whole right-wing longcon industry -- the entirety of AM radio and daytime Fox News ads -- is like right out of the late stage capitalist warfare strategy guide. The 1960s-1990s was the project of eroding the lower/middle class labor value, their real mechanism to generate wealth -- to generate income by working for it. The elites still need work done, but they don't want to pay that much for it. Crush labor, beat back the welfare state. Get the tax bills lower. They've had some successes there, and as such, it's hard to extract that much more from the middle class, the younger cohorts, and the lower classes. They've been subdued.
Now they're moving on. The modern Long Con is finding the next generation of victims: the old whites who got theirs while the gettin' was good and still have some disposable income in retirement. Obviously the hustle is lazy but it's important to know where the money is in the US vis a vis Russia and tons of middle and upper class older whites still have some wealth, and it's hard to grab it by force, it's too well distributed. Our Putins can't simply confiscate it the way Putin can just take over an oil company. So they extract it by other means. Our Grifters are lazy because extracting money from Dumb Old Whites is trivially easy, so why invest too much in it? That's not the interesting quality imo. It's that they've moved onto eating their own. It's the Trump/GOP tax plan to tax 401k contributions and **** so they could fund even more tax cuts for the mega wealthy that made us all do a quick double-take; that doesn't sound very Republican? Aren't the victims going to be all those middle class whites who have some money and investments and by and large are Republicans? Yeah, exactly.
You can only learn so much from like one commemorative coin on DonShop2020.gov or whatever the ****, so I don't invite us to conclude too much here. But I really don't think the laziness of it is the most interesting feature of these ****ty coins. It's the shifting of wealth from the buyers to the sellers that's much more interesting to watch, and the transparent way the sellers are less and less interested in providing any value whatsoever to their consumers that's more valuable to know.
Last edited by DVaut1; 09-08-2017 at 05:07 AM.