Profile

Cover photo
Jeff May
Works at Audax Health
Attended University of Mary Washington
Lives in Washington, DC
105 followers|12,566 views
AboutPostsPhotosYouTubeReviews

Stream

Jeff May

Shared publicly  - 
 
Why have the finance ministers of Germany and the "socialist" parties of Ireland and Spain banded together to push Greece out of the Euro?
Obama, the IMF, and almost everybody whose daily profession is economics policy (read not banking propagandists) are urging the Troika and finance ministers of Germany to avoid pushing Greece out of the Euro. The Syriza party has been clear that they cannot back down on the only reason they were elected. It is important for Americans to understand here that aside from staying in the Euro (which might not be feasible) or the Marxist policies on standby for the Syriza party, the only parties with an alternative economic plan for Greece are the fascist parties.
So why would the socialist parties of Spain and Ireland be more right-wing about this than the IMF?
They are afraid that if Syriza is right, and that you can have the banks pay each other back rather than squeeze it out of the public sector at an impossible rate, then their whole strategy would appear to be at fault for setting their countries back with unnecessary austerity policies. These parties would lose the election to any party with a backbone (probably either Marxist or fascist since liberal political parties obviously don't have any spine to stand up against the banks).
What would it mean for Greece to avoid austerity policy?
The banks would have to come up with a way to absorb those losses. This is not that radical. The banks have done this many times before for other players. Here is one idea. Europe has two huge problems: tax avoidance from the bankers and debt from the public sector. The banks and corporations that have plundered billions from the public sector by avoiding taxes (while everyone else pays them) would be on the hook to help bail out the euro by losing the money from those investments. This only makes sense given that these financial institutions are the very reason that the euro is in trouble. They were the ones that lent the money at absurd rates to Greece for decades. And now the Syriza party is calling their bluff.
The finance ministry will have to decide whether to push Greece out or not.
If they decide to push Greece out of the euro, they may acheive their goal of smashing the hope that the bankers be held responsible, but at the cost of pushing Greece to socialism and potentially losing other national economies to fascist and socialist policies as well as the euro unfolds the debt on to the poor and working class. The saddling of more debt on these nations would provide an engine for extremist politicians who can now say "look at our political elites, they would rather sell out our national prosperity than sell out their wealthy elite friends. They would rather cut your unemployment, health care, and food benefits to pay for Greece's debt than ask their banker friends to come up with a solution." It doesn't matter what you believe, if you don't have a job, food, or money to pay for shelter, you will be on the streets. If the socialists are unwilling to stand up for the citizenry, then the fascists will, and we all know how bad that can get.
If they listen to the IMF, World Bank, Obama, or even moderate economists, and just eat the loss of those risky investments, they may send a message to the tax payers of other European nations that they too could have avoided economic hardship of austerity policy and have their bankers and rich elite eat their own losses. These socialist parties that sold out their values to win favor with the financial elites will look like spineless fools who were suckered into paying for the failing policy austerity with the tax payers' money. This would prove to be an accurate assessment and they would lose future elections because of it.
The sad truth of this is: the banks will have to eat it either way. Austerity under these conditions has never worked and never will. The nations engaged in this dangerous game are racking up debt as the public sector suffers to keep people housed and under control. The banks are destabilizing democracy in order to squeeze money from the dirt. It will never work. Either the nations sadeled with bad banking debt will be unable to pay back the money for hundreds of years as their economies tank (unlikely) or they will elect different leaders that have the strength to stand up to the banks and wealthy tax dodgers as Syriza is doing now and demand that they bail themselves out.
At the end of the day, risk is the game of finance. The banks lost. We cannot, for moral and practical reasons, support the idea that financial institutions will always be paid back in full with interest for every loan no matter how risky it was to make that loan. To do so would ruin the foundation of the financial industry.
1
Add a comment...

Jeff May

Shared publicly  - 
 
Obama plans to fast track the Trans-Pacific Partnership (TPP) after Presidents Day. If this were to pass, it would be the biggest trade deal to happen in history. Interesting thing about fast track is that it will not be talked about much. This is not how democracy functions. Let's make that clear.

This trade deal would allow multinational corporations sue governments for environmental regulations that cut into their profits. Not only that, but it would give authority to a governing body staffed by corporations to shut down websites that they determine are violating copyright and other slippery definitions.

This is a good educational video:
https://www.youtube.com/watch?v=vll18IXDV7k
1
Add a comment...

Jeff May

Shared publicly  - 
 
For my DC friends who want to stop the Keystone XL pipeline:
https://www.facebook.com/events/1611209869112165/
This Thursday, President Obama will be speaking at the annual National Prayer Breakfast in Washington DC and we'll be there to tell him to reject Keystone XL once and for all. More and more, the President is sounding like someone who wants to reject KXL. It looks like he will make a decision on ...
1
Add a comment...

Jeff May

Shared publicly  - 
Answer 1 of 4: SPARKNOTES: Google has the money to fund a large scale project like this but would need to enlist a lot of help. They'd need to partner with a...
2
Add a comment...

Jeff May

Shared publicly  - 
 
Github is reinventing Sublime Text: http://atom.io/
At GitHub, we’re building the text editor we’ve always wanted: hackable to the core, but approachable on the first day without ever touching a config file. We can’t wait to see what you build with it.
1
Jeff May's profile photoDylan Yaga's profile photo
4 comments
 
+Jeff May sent you a hangout about it 
Add a comment...

Jeff May

Shared publicly  - 
 
For those of you who are interested in ECMA6 with TypeScript, I have created an AngularTS seed project that is focused on testing and building an example Angular project.

Here is the video of how to get started. Please leave a comment to the video if you have any questions about Angular, TypeScript or the seed project. Thanks!

Getting started with AngularTS
1
Add a comment...
Have him in circles
105 people
ernest ackermann's profile photo
Scott Altman's profile photo
András Sudár's profile photo
Dave Suh's profile photo
Hung Lin's profile photo
Kristine Bella Noel's profile photo
Alison Martha's profile photo
Zareena Khan's profile photo
Nicholas Odhiambo's profile photo

Jeff May

Shared publicly  - 
 
For my Cali activists:
http://marchforclimateleadership.org/
On February 7th, Californians from across the state are gathering in Oakland to demand real climate leadership. Because in the midst of the worst climate fueled drought in California history our leaders shouldn’t be expanding fossil fuel extraction across the state.
1
Add a comment...

Jeff May

Shared publicly  - 
 
My credit card information has been stolen and my google account may have been compromised. Please do not open any emails from me. I have reset my password and will post again after I resolve the issue.
1
Dylan Yaga's profile photo
 
Good luck! Did you have 2 factor enabled? 
Add a comment...

Jeff May

Shared publicly  - 
Recently Ariel and I presented a case study of how we have been using Scala, Akka and Spray on the Wishlist section of the NET-A-PORTER site. In this blog post, we share the part of our talk that f...
1
Add a comment...

Jeff May

Shared publicly  - 
 
Just called my representative!

Remember back when we defeated PIPA and SOPA? Well, it was because the phone lines at congress were nearly melting. It takes less than 5 minutes and you can feel a part of a winning movement.

https://thedaywefightback.org/
Reddit, Mozilla, Tumblr, Imgur, and over 6,000 other websites are protesting NSA surveillance. Join them.
1
Add a comment...

Jeff May

Shared publicly  - 
 
Interesting talk on building robots with tensile networks.
1
Add a comment...
People
Have him in circles
105 people
ernest ackermann's profile photo
Scott Altman's profile photo
András Sudár's profile photo
Dave Suh's profile photo
Hung Lin's profile photo
Kristine Bella Noel's profile photo
Alison Martha's profile photo
Zareena Khan's profile photo
Nicholas Odhiambo's profile photo
Education
  • University of Mary Washington
    Computer Science, 2005 - 2010
Basic Information
Gender
Male
Looking for
Friends, Networking
Relationship
Single
Story
Tagline
You've got mail!
Work
Occupation
Software Engineer
Employment
  • Audax Health
    Software Engineer, 2012 - present
  • SmartBrief, Inc
    Junior Software Developer, 2010 - 2012
  • Presto Direct, Inc.
    IT Specialist, 2005 - 2010
  • Zope Corporation
    Intern Software Developer, 2010 - 2010
  • Texas A&M University
    Summer REU Student, 2010 - 2010
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
Washington, DC
Previously
Fredericksburg, VA - Vienna, VA
Links
YouTube
Contributor to
Wonderful folks. Best coffee in DC
Public - 8 months ago
reviewed 8 months ago
1 review
Map
Map
Map