Allison Kilkenny: Unreported

Class war: Criminalizing poverty

Posted in class divide, poverty, United States by allisonkilkenny on June 16, 2010

As opposed to supporting raising wages and passing a public option in order to forge a more egalitarian future, it appears members of the elite have committed themselves to controlling the growing underclass by criminalizing poverty.

David Walker, a lackey of billionaire and Social Security pirate, Pete Peterson, openly pined for the days of debtors’ prison, which is actually already a reality in six states.

WALKER: You know, the fact of the matter is we have to change how we do things. We are on an imprudent and unsustainable path in a number of ways. You talk about debtors’ prisons, we used to have debtors’ prisons, now bankruptcy is no taint! Bankruptcy is an exit strategy! Our society and our culture has changed. We need to get back to the opportunity, we need to move away from entitlement, we need to provide reasonable risk but we need to hold people accountable when they do imprudent things. It’s pretty fundamental.

Right! We need to hold people accountable. Er, poor people – not the rich people, who sold them the shit mortgages, and gave them credit cards with astronomical interest rates. Those people are entrepeneurs and can go free.

Digby has been reporting on the demonization of the unemployed. Sen. Orrin Hatch (R-UT) has proposed an amendment that would demand mandatory drug tests for welfare and unemployment beneficiaries. Because, as one of this blog’s less enlightened commenters put it, “you gotta make sure they’re not on the crack pipe.” After all, we know the only reason people are unemployed is because they’re all a bunch of Welfare Queen drug addicts. Mind you, cocaine addicted Yale and Harvard grads won’t face this obstacle when re-entering the business world. This is just a filter for the undesirables.

(more…)

Kucinich Hands Kashkari His Own Ass

Posted in politics by allisonkilkenny on November 15, 2008

neel_kashkari_1007Background on Kashkari, the most irronically named man in Washington and the evilest-looking Treasury employee since, well…Henry Paulson:

Time

The government’s $700 billion bailout plan is in the hands of this man. Neel Kashkari, a relatively green assistant secretary in the Treasury department, will be responsible for the government’s purchasing of billions of dollars of bad assets from banks and other financial agencies. His career has been a short one.

Personal Life

• Kashkari grew up in Stow, Ohio, an Akron suburb. As a high school student, he was a fan of heavy metal bands like AC/DC, whose lyrics dot his high school yearbook. He is 35 years old.

• He comes from a family of scientists. Father Chaman has a doctorate in engineering, and won a Presidential award for his work in getting water to African villages. Kashkari’s mother, Sheila, is a retired pathologist, and his sister Meera, specializes in infectious diseases.

• Accordingly, Kashkari also studied science, getting his masters in engineering from the University of Illinois, Urbana-Champaign

• He and his wife Minal live in Silver Spring, Maryland, with their dog Winslow.

Career

• Neel’s first job was as an aerospace engineer at TRW, where he worked on technology for NASA projects such as the Webb Space Telescope, which is due to replace the Hubble.

• He decided to change careers and go to Wharton Business School at the University of Pennsylvania. After getting his MBA, Kashkari joined Goldman Sachs in San Francisco, specializing in IT security.

• He followed former Goldman Sachs CEO Henry Paulson to the Treasury Department, where he was hired as a senior adviser in 2006. In short order, he was assigned to work on the department’s response to the housing crisis, during which time he grew close to Paulson.

Notable Quotes

“Neel Kashkari is not going to be in Washington much longer if there’s a change in administrations. And that’ll cause some kind of turbulence.”—Madeline Brand, of National Public Radio, on the fact that Kashkari might have to leave after only a few months on the job, Oct. 6, 2008

“When he does anything, if you ask him to make an electric car or ask him to plan an outing to Niagara Falls, he is so meticulous.”—Chaman Kashkari, father, USA Today, October 6, 2008

“I’m a free-market Republican.”Kashkari, at an American Enterprise Institute conference, Sept. 19, 2008

 

Oh really? And yet he couldn’t wait for big daddy government to swoop in and stuff his pockets with taxpayer cash when the free market failed. In a rare display of testicles, Congress absolutely tore into Kashkari, but Dennis Kucinich positively MVPed it. Now, if only they would back-up the tough talk with some serious oversight.

Click here for video
(more…)