It's been a while. I haven't just been neglecting this old blog, but really almost all my social interfaces. So a bit of a catch-up is probably in order. In this edition:

1. Personal life and romance report quarterly update.
2. How's business?
3. And what about all that ranting...

Following on my last post, I wanted to collect some thoughts on the ongoing Occupy Wall Street protest, which has rapidly grown more interesting. Today, for instance, instead of biking to Golden Gate Park and seeing some of the great free music, I watched mass arrests of hundreds of marchers who made their way onto the south (bklyn-bound) lane of the Brooklyn bridge where they were kettled by the NYPD. Live on the internet. Pretty high drama, but it's possibly quite a lot bigger than that.

I have a long bet on the internet, but let's be clear: it's not a world-saving wager. I have faith that we'll (eventually) muddle our way out of the Great Recession, but into what kind of future? Seriously, how does a world of seven billion work?

My macro-level spider-sense is tingling, and it's hard to see where global change can come from, what deus ex machina could conceivably save us. Time to do a little digging.

According to press accounts, President Obama is pondering a strategy to make substantial cuts in both Social Security and Medicare funding. A friend asked on The Twitter why I thought this was a huge fail, and I can't really explain in 140 characters. So, the first substantively political blog post in a while.

I won't spend much time explaining why I think Social Security and Medicare are worth funding or what is motivating there is a clamor to fundamentally dismantle them. I just want to present some important and often overlooked information about the economic underpinnings of these arguments.

I don't doubt that the Earth, the miracle of life, and probably even the human species have a long future, but our particular mode of living seems not long for the world. When you stop and think about the challenges that we're actually facing, and then you take a look at what we collectively invest our time and energy in, it's hard not to feel discouraged. This is what I'm referring to when I say there's an "undercurrent of doom" out there. I preach a dark future, etc.

Except really I don't. Apocalyptic thinking is contagious but ultimately not very insightful, and dispair has the downside of being both depressing and ineffective. Knowing is half the battle, so one place to start is thinking about the challenge.

I've been doing the politics thing in a mostly mainstream way since 2003, following the action, participating heavily at times, trying to steer the Big Spaceship a little more to my liking. Following the horserace (or sometimes bloodsport, or sometimes commedia) in DC can leave one detached from the original motivation. One of my cousins asked me recently what my "real political values" are, I'm guessing because I tweet about class war and sound generally agitated. It actually made me stop and think, and that was nice. Here's what I came up with...

Just to put some data in the chamber, I think Wikileaks is an important development. While the leaking of diplomatic cables is hardly cut and dry a blow for good, I strongly agree with the big-picture strategy. It's also clear that Julian Assange is being personally persecuted and the organization frozen out online. All of this has happened before. Keep that in mind when parsing the news.

Starting a new tag, "Things I Consumed," I'll tell you about the things that I read, ate, watched or otherwise consumed, but more what they made me think. First up is The Big Short, Michael Lewis' exploration of our latest financial bubble via the lenze of those who saw the end coming and had the balls to invest in collapse.

2010 mid-term election summary. Lot's of darkness, a couple points of light, and a Kleptones music video. Click "read more" for the full story.

Since I'm over in London, I pick up on local news, which has been full of fallout from various austerity programs designed to roll back pensions, housing subsidies, etc. Firefighters, Tube workers, and BBC journalists are all threatening strikes. There's also been a lot of coverage of the widespread strikes/shutdowns in France.

At the same time, executive pay is up 55%!

Incomes Data Services, who conducted the research, said bonuses paid to directors of FTSE 100 companies increased by 34%, while basic pay rose by 3.6%. The amount of money waiting to be disgorged from long-term incentive schemes soared by 73%, to a total of £259m, and share option gains leapt by 90%.

The FTSE 100 rose by less than a fifth over the same period.

Steve Tatton of IDS said the report suggested that companies returned to "business as usual" once the recession ended.

This is an economics article, so it's important to note that the phrase "once the recession ended" refers to the technical end to contracting GDP. As we've increasingly seen by most other measures, the real impact of the "Great Recession" is likely to persist. Incomes for normal people remain depressed (or are falling) and unemployment is high. It is a "jobless recovery," and cold comfort indeed to anyone feeling the pain right now.