Reader rob smeared me as "weird and out of touch" for noting how intolerant progressives and progressive institutions are today. No, he complains, they are only being "fair"! So let me share three items of interest.
At one large organization where a friend works, two black cafeteria cooks were asked to prepare a special meal in honor of African-American history month. No doubt, they thought back to their own childhood and prepared on meal of ribs, collard greens, and cornbread. A much higher status member of the organization came to the cafeteria and was sorely offended by their "stereotyping." She got them fired. So this highly privileged woman got two much less privileged, minority workers, who were probably supporting families on their low wages, thrown out of work because they had offended her progressive ideology by implying that African-American people ever ate African-American cuisine. Hey, fair's fair!
At another large organization where a fr…
"To the rescue come a few Japanese businessmen who give him the money, in exchange for partial ownership of the new firm. To make the tautology stand out, we can suppose that the Japanese literally ship over copiers, faxes, etc., in exchange for the intangible shares of stock that the American sends back over the ocean. Once again, a deficit on the manufactured goods side is counterbalanced by a surplus on the investment side.
ReplyDelete"Now, is this increase in liabilities to foreigners—after all, the Japanese investors now have a legal claim to future income flows earned by an American firm—a bad thing? The American entrepreneur didn't seem to mind. Yes, he would've preferred to get the capital with no strings, but those wily foreigners usually insist on getting something for their investment."
Brilliant, Bob!
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