I see you have well and
faithfully filled your stint at the post, blog soldier! Well done.
I will leave it to
others to comment on the DOMA decision this week by the SCOTUS. As my faculties
settle into some coherence, I would like to briefly speak on two issues this
week. Although I hope to get it in, as I
am off traveling again within a fortnight, I may beg to presume on your good
graces again for next Sunday. As the
little genie said to Sinbad: “I will try, I will try” (to get in a blog post
next week).
The first issue is the
one that was overshadowed by the DOMA decision: the gutting of the Voting
Rights Act. I am vastly oversimplifying,
but John Roberts, writing for the majority, essentially said that it was being
struck down as unconstitutional because it wasn’t needed anymore.
I can understand and in
some respects sympathize with discomfort over some of the actions resulting
from the Voting Rights Act—ballots in different languages, interpreters,
etc. If one is a US citizen, language
proficiency enough to vote should be presumed in most cases.
However, that sort of
thing is minor next to what still happens, incredibly in the 21st
century and nearly 50 years after the Act was passed: voter
discrimination. After an election cycle
in which voter discrimination was attempted in droves, one could have made a
case that the Act should have been strengthened, not gutted. And as a voting rights federal observer for
several years, I can tell you from experience that some serious
discrimination—some of it ethnic and racial, some of it partisan—takes place
with regularity in far too many places still.
It is hard not to feel
the plutocratic directors are constantly moving to tamp down pockets of
potential resistance to effectively complete control.
The second matter,
related to the same group of folks, concerns, what else, money. It wasn’t greatly noticed, but this past
week, the two rating agencies of and about Wall Street—Moody’s and Standard and
Poor—were revealed to have shaded their ratings to make firms look better than
they were. Like corporate auditing,
where the auditors are paid by those they are auditing, it is (to be kind) an
inherently conflict of interest system.
Because, like auditing, the Wall Street raters are paid by the companies
and banks. Not into a central fund, but directly. As I was told long ago by an auditing firm
manager: “Why would we tell the public about that? Who do you think pays our fee?”
It doesn’t have to be
that way. You don’t have to scout around
far to find countries that do things differently. And that don’t have endless financial crises
brought on by greed, irresponsibility, and lack of regulatory oversight. Our favorite Scandinavians of course. And Canada.
What they must think of
us…
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