IT ALL GOES BACK TO THAT MORON PAULSON:
All the main stories on the news today have the same cause. From the moment the imbecile Hank Paulson became treasury secretary, the Northern Hemisphere bankers and public servants began a co-ordinated policy of dispossession and disemployment. No empirical evidence exists supporting Keynesian doctrine. On the contrary, the disemployment began and continued with the stimulus he brought to the Americans. The joblessness further increased with the banking heist bailouts, and those stimulus measures and banking heists were taken to the Northern Hemisphere at large.
How Would YOU Have Beaten The Norwegians Logic?
A logical and calculating conservative decided around the time of the bailout heist that he was right, and that obviously working through democratic channels was a waste of time. Rather than crazily killing a few people with passion, he psyched himself up to do what he considered to be the right thing. He trained his mind to accept what he was going to do, even going so far as to take the right steroids and other drugs, which would allow himself to take these measures that were not natural for him and not motivated by some sort of excess of natural rage. Formerly a very good-looking fellow, its hard for the usual suspects to psychologize the pants off the Norwegian and find deficits in his person that might explain his behavior. In fact his behavior was motivated by logic. Many people would come to the same conclusion as the Norwegian. Many people would say that political action on its own was now useless. And many people would cite 2008 and the banking heist as a watershed event. I would agree with about 90% of what the Norwegian has written. I would have advised him not to do it. And I would have had a case. But what would have been your case. Should you agree that the enslavement, and willful farming of us by banker-elites and public servants is unacceptable, and must be stopped by any means necessary …… if you agreed with that much, then what would your argument have been?
Angelo Codevilla mentioned in passing the obvious. That we are not going to resolve our problems with the stupid and parasitical ruling class without civil strife, at this stage of the game. He didn’t advocate violence. But we see that when matters get as far as they did in 2008, violence is inevitable. And so we see that violence on the streets of London, and across the UK. Some parts of which once were known as England, before England was abolished, without a single shot being fired.
The violence and looting you see ALSO goes back to Hank Paulson. If it is fine for bankers to steal trillions of dollars, then how do you expect this predatory ethic to NOT filter all the way down to the people this very stealing has dispossessed. Since the small-time looters we see on the TV, either have no jobs or are getting paid very little. If you think a rent-seeker like Paulson is fine to organize a Palace Coup, pay himself 500 million for totally unproductive rent-seeking behavior, and then start a racket where some 12 trillions were lent spent and guaranteed as a result of bribery, threats (open threats) and kickbacks aimed at politicians …. then who would begrudge a poor man putting on a mask and carrying away a humble wooden rocking-horse?
We have to get our moral compass straight and decide just who are the bigger criminals who don’t need to behave like that. And who are the dispossessed, who would steal a rocking-horse, just to feel like he wasn’t being made such a damn fool of.
Keynesian economic fallacies and fractional reserve bankers caused the “Great Depression” also. But then the people had the Christian-Athenian sense of restraint. We can expect the civil-strife/pain ratio to be much higher this time around. Many people will get killed. Few of them will be bankers and high-paid public servants. And none of the bankers and high-paid public servants will give a damn.
That was the news I read in todays paper. The Norwegian logician still making a few column-inches after all this time. ((((Actually a brilliant review of his writing by an highly intelligent female journalist I’d not seen before)))). Then there was the British rioting. Of course fueled by the unemployment that had been foisted on those girls and boys by the stimulus spending and bank-stealing. And obviously fueled also by the moral example of the bankers stealing all that money after they had manifestly failed, and subsequently paying themselves bonuses to the bewilderment and wonderment of all those who witnessed the arrogance of it all. And the sometimes subconscious message has to be THAT THE CONTROLLERS ARE FAR MORE POWERFUL THEN WE THOUGHT. That we are being treated like farm animals to a much greater extent than even most conspiracy theorists would have deemed possible.
Also in the news today was another stockmarket crash. This stockmarket crash a harder ask for the assholes than the GFC related crash. “There was no recovery. There was just a cover-up” as Gerald Celente rightly said. Europe and America never recovered. Because they never stopped the policies that were causing the problem. The deficit spending and the bank bailouts were the cause of the recession. Some of the quantitative easing was actually vital, necessary, and should have got there earlier. But some of it was part of what Celente would deem “the coverup.”. And me too. Me too.
Its not for you or I to take violent action or advocate violent action, cryptically or otherwise. Its not for us to try and egg these people on, choosing our words carefully so as to have an alibi. Violence is inevitable. Our aim has to be to bring the violence/pain ratio down. And also to bring the liberation/violence ratio up …. supposing we were to halfway concede to the Norwegian, that someone, somewhere has to take physical action, even if only as a catalyst to get the right things done. Or as a way of forcing some of the arrogance out of the banker-public servant-covert operations hegemony.
Don’t do it. Don’t do it alone and most of all MOST OF ALL don’t let yourself get carried away with group behavior. Leave the mindless group behavior to our oppressors, and their “pampered-slave” (house-nigger) sycophants.
Don’t even start a fire of any building not a central bank building. Don’t even think about it. When the fire dies down the long arm of coincidence may leave things done that cannot be undone.
Any hour or calorie you could possibly spend doing these bad things, could be better spent educating yourself so that you can educate others. No more excitement then. We have to get down and grubby with the serious business of the nuts and bolts of getting out of recessions. Thats the topic you have to be expert on ….. well thats todays topic anyway ….. so that seismic social events will tend to see catalytic progress in the right direction, and for a fucking change.
So what constitutes a worthy recovery?
Well there are some things we ought mention that DON’T constitute a recovery.
1. A stock market rally does not constitute a recovery.
2. A few of the larger firms entering into a deal to put on more staff doesn’t constitute a recovery.
3. GDP artificially held up by new borrowing doesn’t constitute a recovery.
4. GDP rising two quarters in a row is no recovery.
5. Prices going up is no recovery.
6. Monetary expansion may often be necessary. But monetary expansion in itself is no recovery.
7. Saving banks from collapse is no recovery. The restoration of banker profits is no recovery.
8. The restoration of business profits generally is also no recovery.
9. Recovery is not something that happens as a result of people becoming “confident.” So much crap is being spouted about this right at the moment. But there was never any truth to this nonsense. Except to the extent that people are confident that if they keep pouring their efforts and resources into their small businesses the subsequent wealth they generated will not be looted. Brainless journalists are right now dimly remembering their Keynes, and they imagine that all these consumers and businesses are hoarding cash. In this view people need to be spending on consumers goods and most particularly borrowing more to spend on consumers goods, in order for the recovery to be effected. So they have to be deluded with a lot of happy talk. Really this is all so stupid that the journalists and economists involved in this foolishness are lucky not to be beaten with sticks everywhere they go.
So back to what constitutes a proper recovery:
A valid recovery is in effect when small business and new startup EMPLOYMENT (and private EMPLOYMENT more generally) is growing quickly, in the context of falling prices and even faster falling debt levels.
Thats about five requirements needed to be able to pat ourselves on the back and say that we have engineered a SUSTAINABLE and therefore valid recovery. Without any of these factors, the alleged recovery is not sustainable, and therefore ought not be considered a valid recovery.
Lets make a numbered list of these requirements. Because they are those requirements which tell us that the recovery is both real and sustainable.