Turns out investment banking isn't as rewarding as burying money in the garden. / Images Money
The Baffler,  October 14, 2015

Daily Bafflements

Turns out investment banking isn't as rewarding as burying money in the garden. / Images Money


• All San Francisco’s chickens have come home to roost! The rapidly gentrifying and tech-savvy city has invented an app to report homeless people.

While the city maintains the app is not meant to criminalize homelessness, the San Francisco Coalition On Homelessness called the city’s app ‘silly’ and ‘counter-productive,’ suggesting that it was made for residents to ‘complain about each other.’

They’ve called it “Snitch.” We’ll say no more. 

• Feeling unfortunate, underprivileged, misunderstood? Pack it in! By now you should know that the truly deserving of sympathy are pseudonymous investment bankers. “Junior employees are treated as expendable commodities, not future leaders of their respective firms,” writes a certain Jim. Our condolences, Jim . . .

• After last night’s Democratic debate, you might be wondering what Clinton meant when she said Snowden’s files “fell into the wrong hands.” Whose hands ? Did she mean . . . the public’s? (Thanks, The Intercept!)

• “When people say ‘Oh, people don’t vote,’ my response is, why would you vote?” says Larry Lessig, who may not have won the 1% support necessary to debate, but is sure giving interviews.

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Further Reading

 April 23

The Bremmer plan is to promote free trade, cut the deficit in the United States, and revive our flagging faith in the private sector to do good: the canon of Davos.