TitaniumTeddyBear

Words so strong they have splash damage.

Browsing Posts tagged bullshit

And by "party" I mean "unstable approach to the economy".

And by “party” I mean “unstable approach to the economy”.

So, according to Last Week Tonight people in the US have started bundling together sub-prime car loans as an “investment product” just like they did with home loans before the 2009 financial crisis.
 

We are meant to believe that this can’t cause another crash because car loans make up quite a small part of the loan market.

The problem with this argument is that the loss of the mortgage market didn’t cause the financial crisis, it was just the trigger.

It only caused massive secondary effects because the entire system was unstable, and it still is.

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I'm bucking the trend and I don't care. This is one of those rare times when everyone else is wrong.

I’m bucking the trend and I don’t care. This is one of those rare times when everyone else is wrong.

Friends, barely a week goes by without something popping up on my news feed about how some new wearable device or app, or app-enabled device, is going to be a ‘disruptive technology’ that will destroy traditional models of healthcare.

And here’s the thing: the potential of wearable technology is absolutely massive, and sooner or later someone is going to use it to create a product that will change the social world. It will be like the first MP3 player; an innovation that will start entirely new trends in technology.

But none of the current generation of wearables will do this.

Because they are not trends.

They are fads.

And if you look at the “evidence” that they use to support their claims you will see that they are all talking bullshit.

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This is literally the level of science that we are dealing with here.

This is literally the level of science that we are dealing with here.

Friends, over the past few months Forbes, the Wall Street Journal, multiple newspapers in the UK and Australia and of course Fox News have all been talking about how global warming has ‘slowed’, or ‘stopped’.

Some of the most stupid (or brazen) of these outlets’ sock puppets have even started claiming that the Earth is cooling.

The fact that this is bullshit, and people take it seriously, is annoying.

The fact that this particular bullshit is being hurled at us simultaneously in multiple forms is infuriating.

And this is especially true when one realises that it’s part of a pattern of obfuscation that the right wing has been using for decades.

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