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Cyprus Bank Tax: A Terrible Idea

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You probably don’t keep track of what’s going on in Cyprus.  I certainly don’t.  But the EU attempts to deal with the rolling financial crisis (rolling, I’d say due to stupid attempts to fix it) has hit this country.

What’s really newsworthy is the idea that the inevitable Cyprus bailout will involve a tax on bank deposits.  Approval is pending.

I’m sure you can figure out how this is a terrible idea on a number of levels, but let me assist you:

  • This encourages runs on the banks, creating further instability.
  • This will cause other countries to rightfully worry that their banks will be targeted.
  • This breaks a kind of sacred trust with banks and government.
  • It discourages using said banks and savings.
  • It punishes people who may not have had any part in all the financial foofaraw.
  • It’s probably going to ruin the Cypriot government if they pass it.
  • It doesn’t stimulate any economic activity, which is what is needed.

The usual austerity approach really isn’t solving the problems; what’s needed is stimulus to jumpstart things, and serious financial reform to build confidence and ensure this doesn’t happen again.

What we’re getting feels to me, more and more, like a giant financial-political game of hot potato.  Moving money around, moving responsibility around, and no one trying to let the bill and the need for action land in their laps.  It’s a giant responsibility dodge.

It’s not as if a lot of this didn’t happen on many levels; take a look at the constant tax avoidance in Greece for just one example (note: I am not sympathetic to Greece, as you can tell).  What we’ve got here is a crisis of responsibility, and an almost bizarre urge to punish or come up with bad policy; this one for instance sounds like it was made on a dare.

When the history of these years today is written, I think it will reflect a cowardly technocratic class, vastly out of touch with reality.  I think it will reflect a very angry population with a lot of alienation.  I think it will reflect a widespread ignorance of how the world works.

I hope it reflects how we finally got out of this.  I’d like to think down deep it will, but I have the feeling the inevitable confrontation of our problems is going to leave us with further scandals and recriminations for up to a decade.

– Steven Savage

Steven Savage is a Geek 2.0 writer, speaker, blogger, and job coach.  He blogs on careers at http://www.fantopro.com/, nerd and geek culture at http://www.nerdcaliber.com/, and does a site of creative tools at http://www.seventhsanctum.com/. He can be reached at https://www.stevensavage.com/.

 

Home Theater PC Speculations

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So last week I detailed my experiences with a sort-of Home Theater PC (HTPC), namely a laptop where I got experimental.  I noted that I would discuss their place in the economy and the career implications.  This of course, is that column because hey, I promised.

And here’s the answer: Not yet because there are way, way too many possible use cases and no real settled technologies, and what comes eventually will be gradual.

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False Reality and Real Depression

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Quick, what are the signs someone is truly depressed?  How do you recognize them?

I’m not entirely sure and I majored in Psychology (to be fair, a generalist), which really just means I’m better at looking them up.  At least twice I know I missed it in people I was friends with.  This of course doesn’t count times I missed it and didn’t know, which is a bit terrifying when you think about it.

There are many challenges facing us in helping friends, family, and ourselves when dealing with depression and other challenges of mood, personality, and mental functioning.  However one of the greatest challenges is knowing when someone is depressed (or has another issue that needs treatment) in the first place, and our culture is not helping.

It’s not just that our popular culture is giving us terribly wrong ideas about mental illness and issues, as Ed the Sock so brilliantly illustrates.

It’s that our culture, I think, confuses us further.

We’re a culture that has gotten rather into grandiose displays of emotion, from happiness to sadness.  We’re a reality TV culture where everything is spectacle, and we take our cues from media.  We’re a culture where reality TV, sensationalist politics, media megachurches, and the like turn real life into an endless drama.  We’re in a culture where people vie for attention and drama has become normalized.

You’ve doubtlessly heard the term “Emo,” which has nothing to do with the comedian, but evolved out of the music scene, and is often tossed around to mean agnsty over-emotionalism that people affect.  We even have a repurposed term for being overly dramatic and angsty and self-destructive (missing, conveniently that some people may show these behaviors and really need help).

So in a culture of grand drama, how the hell do you sort out when someone has real problems as opposed to putting on an act?  It’s far, far too easy to assume someone is being dramatic or having an affectation from culture because we’re used to our culture pushing that kind of behavior.  We can miss real cries for help because of these assumptions.

Our culture also doesn’t provide people a way to reach out – because it is a culture of drama.  Indeed, those who need help are provided few cultural tools for acquiring it; some may even take on cultural affectations from our overly dramatic culture as it seems to be the right (or only) way to get the attention they need.  We don’t provide methods for people who need help to signal it.

To help those who need it, family and friends, we have to work around our culture.  That’s rather sad.

But work we must.

– Steven Savage

Steven Savage is a Geek 2.0 writer, speaker, blogger, and job coach.  He blogs on careers at http://www.fantopro.com/, nerd and geek culture at http://www.nerdcaliber.com/, and does a site of creative tools at http://www.seventhsanctum.com/. He can be reached at https://www.stevensavage.com/.