Sometimes current events and political economy feed on each other – “The leprosy of unreality disfigured every human creature in attendance.”


 

Some women speak out against sexual violence. That is a symptom.

The underlying problem is the leprosy of unreality. (Hat tip to C. Dickens in Tale of Two Cities.)

Here are some bits of unreality:

1) Highly aggressive and physically strong rapists are being admitted to Europe because Europe’s government claims that these strong men are flabby, helpless children.

2) Highly unsafe medicines are being administered to the population because the government pretends the safety vetting procedures work (in fact medical vetting procedures serve only to boost profits for Big Pharma).

3) Ritual killings more gruesome than dime-novel voodoo are being committed (in Europe) by illiterate people who simply don’t believe in European civilization. Instead of hanging the murderers, the authorities insist on committing them to psychiatric hospitals (at taxpayer expense, of course).

But perhaps the biggest piece of unreality is:

4) Modern civilization depends on money, and the modern monetary system is a giant Madoff scheme. (Why bother calling them Ponzi schemes? They resemble Madoff operations more than Ponzi’s crimes.)


A team of researchers from the Yale School of Medicine and Penn State College of Medicine have found a disturbing association between the timing of vaccines and the onset of certain brain disorders in a subset of children.

Analyzing five years’ worth of private health insurance data on children ages 6-15, these scientists found that young people vaccinated in the previous three to 12 months were significantly more likely to be diagnosed with certain neuropsychiatric disorders than their non-vaccinated counterparts.

This new study, which raises important questions about whether over-vaccination may be triggering immune and neurological damage in a subset of vulnerable children (something parents of children with autism have been saying for years), was published in the peer-reviewed journal Frontiers in Psychiatry, Jan. 19.

http://www.ecowatch.com/yale-vaccine-study-kennedy-2246059411.html

Migrant ‘stabbed girlfriend 30 times and beheaded her during ritual killing’ in Germany

A REFUGEE who has been accused of stabbed his girlfriend 30 times, beheading her corpse and then decorating her dead body during a horrific ritual killing in Germany.

>The Congolese migrant had been seeking asylum in Berlin when he is alleged to have carried out the bloody attack. The man, identified only as Yve M, is accused of using a knife to stab his girlfriend 30 times before beheading her corpse. He then cut off her left arm and the little finger on her right hand before decorating her body. Police were called on June 10 last year by a neighbour reporting an unbearable stench coming from the apartment. When police found the victim, identified by police as Tunay G, her body had already begun decaying.

>Bizarrely, the woman’s body had also been decorated with stones, feathers and string – leading investigators to suspect a ritual killing. The coroner determined the victim, aged 39, had died of blood loss. The murder weapon has not yet been discovered. The brutal killing took place sometime on May 15 or May 16 last year. The suspect, also aged 39, was arrested on June 11. The prosecution are calling for the suspect to be committed to a psychiatric ward as they believe he is suffering from paranoid schizophrenia. The pair met in 2015 when they were both living in temporary accommodation. They then moved in together in the Berlin neighbourhood of Mariendorf a month before the attack.

https://archive.fo/Phol3


This brings us to the biggest Madoff scheme of all, namely finance.

The following is a lengthy quote from the link at the bottom:

 

A list of economic flaws that are too big not to fail

 

  • Banks that were too big to fail are now much bigger than they were in 2008 and 2009. While banks may be a little more solvent at the moment, if failure comes, the risk to the overall economy is far worse than in 2008 and 2009.
  • Banksters who destroyed the global economy were almost all rewarded with much larger bonuses, instead of thrown in jail, so they remain at large to wreck things again and even are enticed to strike again because it all worked out so well the first time; but we don’t know where and at what time their corruption will cause their failure. What we do know, is that corruption drifts that way.
  • Bailing out banks created exactly the “moral hazard” that many people warned about in 2009. As a result, one thing we do know is that bailed-out banks continued their derivative investments that caused many of the 2008 and 2009 failures. In fact, they increased their involvement in this perilous and poorly understood area of investment to such new heights that the number of derivatives in 2009 looks like an large city seen from earth-orbiting altitude — a mere spot compared to all that can be seen now.
  • Goldman Sachs, the most evil of all the companies that helped cause the global economic collapse, now has three high-level positions in the Trump administration, versus the one that it had in the Obama admin. It, in essence now oversees the whole US financial system — the Fed, the National Economic Council, and the Treasury.
  • Thanks to the revoking of Glass-Steagall, Banks are still allowed to invest in risky assets like stocks,….
  • Trump plans to roll back Dodd-Frank (Glass-Steagall’s half-hearted replacement). … we’ve all seen how beautifully banks policed themselves, as Alan Greenspan assured us they would.
  • Likewise, we are returning to trickle-down economics, and are about to trump it up higher than under Reagan or GW Bush. …We’ve learned nothing!
  • The erosion of the middle class — the chasm that has widened between the rich and all the rest — is leading us into class warfare. … It looks more like an angry mob than a major battle between two factions.
  • The national debt, which was completely absurd at $10,000,000,000,000 by the end of the Bush administration, has now doubled to $20,000,000,000,000, thanks to the Obama administration create a tough starting position for the next round of “recovery.”
  • Trump’s infrastructure stimulus plan and military buildup are, so far, estimated to add somewhere between $5 trillion and $10 trillion to that debt over a decade. ….
  • Corporate debt has also increased to stratospheric levels, and that debt was a big part of what was keeping stock prices rising as companies created market demand for their own shares by buying them back, which also reduces supply to drive up prices.
  • The stock market, which I believe is already a bubble, is ballooning in speculation of Trump’s grand credit card (not because earnings have greatly improved, for those calculations look more jury-rigged than ever).
  • Housing prices are back up to the same insane levels they reached in 2007 … (We learned nothing!)
  • Banks continued to issue adjustable-rate mortgages, which we experienced as being safe when home values are rising, but devastating time bombs if home values fall so that people cannot refinance their way out of them when the interest increase hits.
  • Home values have just started declining in several key markets, …
  • Interest on all of that debt (housing, corporate, government) remains at historically low levels, but started rising at an historically rapid rate in the last few months, …

 

That’s just domestically. Internationally, two of the oldest and largest banks in Europe keep teetering on the edge of collapse. ….

 

Trends determine ends

 

These are all problems that are major trends. They are also all structural economic flaws that existed prior to 2007 and that contributed to the economic collapse that started in 2007 and became known by 2008 as the Great Recession. Nothing (or, at best, very little) has been done about them. Nothing is even being talked about being done about them in any serious way. Therefore, nothing is going to be done about them. In fact, all of these flaws are worse today than they were in 2008!

That means they will continue to grow until they erupt in turmoil again….

That is because, ultimately, Trumps short-term stimulus will make some of the items on this list worse. ….

The cabinetful of bankster-barons will not likely start putting banksters in jail. They will even less likely break up banks that are too big to fail. They will not put the Fed out of business or the nation back onto the gold standard. They will not likely put Hillary in jail. None of that is going to happen. Or, at least, very little of it.

As it turns out, the first major wave of the Epocalypse that I predicted for 2016 turned out to be political — a revolt against the establishment — rather than economic. Now, the counter-revolution has begun as liberals start fighting back. While I certainly don’t want the non-globalists to back down, you can be certain the globalist establishment isn’t about to back down either. Efforts will intensify on both sides as the pressures above continue to build unabated, making 2017 a year of intensifying battles while the economic time bomb keeps ticking away because no one is paying attention to these structural flaws. We’re too busy fighting over other things.

 

http://thegreatrecession.info/blog/2017-economic-predictions/


Comment:

Trump was elected by the people, most of whom want a pizzagate investigation.

If Trump doesn’t preside over the investigation of pizzagate, Trump will have served the elites, not the people.

The clock is ticking. In less than 120 days, AG Sessions must make his report. If he doesn’t kick off an official investigation of pizzagate, THEN it will be time for the real investigators to start making serious noises. (But you won’t hear such noises on this blog. This blog is not highly secure, and the only people who can effectively investigate pizzagate have higher OPSEC standards than I have.)

But on the topic of political economy:


the neocolonial-plantation structure of the U.S. economy. The old models of colonial exploitation that optimized plantations worked by cheap imported labor (or situated in peripheral nations with plenty of cheap labor) have, beneath the surface, been adapted to advanced capitalist democracies.

The adaptations have been so successful that not only do we not even recognize the Plantation structure–we love our servitude within it.

As noted yesterday, the current mode of production optimizes the commoditization of everything: computer chips, fish and chips, labor, expertise, everything.

This commoditization optimizes the Plantation Model of integrated production, global supply chains and distribution to global marketplaces, a hierarchical management focused on maximizing profits to send back to the owners, a ruthless focus on lowering costs via labor arbitrage (commoditize the work so it can be performed anywhere labor is cheaper/more desperate) and a fanatical desire to eliminate competition or fix prices via cartels to ensure high profits.

Global capital has optimized the Plantation Model in the form of global corporations. Wal-Mart is the quintessential example. Like a classic agricultural plantation, Wal-Mart enters a region with a diverse, employment-rich ecology of small businesses and supply chains of local and regional manufacturers and distributors, and it bulldozes the entire “forest” of businesses, suppliers and distributors with the irresistible blade of integrated global supply chains and “lower prices, always.”

Wal-Mart replaces the localized economy with a low-pay, highly efficient plantation economy in which the townpeople’s only choice is to work for Wal-Mart or scrape out a living feeding the Wal-Mart workers, doing their laundry, etc.–exactly as on a classic plantation.

On a classic plantation, the wages are low and the “company store” offers easy credit, binding the workers to the corporation not just for wages but for credit.

Those few who manage to save up enough capital to start small service businesses– laundry, cafes, etc.–must do so in the shadow of the Company, which can always drive them out of business should they speak against their corporate overlords.

A once-diverse landscape is reduced to a monoculture wasteland dependent on subsidies, either implicit or explicit. Wal-Mart’s low wages leave many of its workers’ families on state aid or food stamps to survive, and so it prospers on the backs of taxpayers who subsidize its low wages.

Today, we accept it as “normal” that marketing worms into every once-private area of our lives. Not that long ago, adverts and marketing were limited to print media (newspapers and magazines) and TV–fundamentally passive media.

The key concept in all marketing now is supremely pernicious: any advert or campaign which reaches deep into the last refuges of privacy is considered highly valuable.

Where the only public adverts were once billboards, now there are adverts on the shopping carts in the supermarket–another violation of what could be considered temporary private space–and on the floor of the supermarket. Even the rubber dividers used to separate one’s own purchases from the next customers now display an advert.

The colonization of the plantation of the mind is now complete. It is not coincidental that those citizens who “consume” the most media are also the biggest buyers of junk food and its accompanying junk worldview based on consumption, faux novelty (“get the new chicken-bacon-cheese-double-burger today!”) and a passive disengagement from the real world: we endlessly watch cooking shows rather than actually cook real food in our own kitchens.

The plantation of the mind optimizes consumption, impulse buying and short-term thinking: just buy the junk we’re pushing, and what happens to you afterward is your problem.

Experience itself has become so derealized that we don’t even recognize our perceptions and experiences have been organized into neatly internalized plantations.

It doesn’t have to be this way.

What we need is a social economy, an economy that recognizes purposes and values beyond maximizing private gains by any means necessary, which is the sole goal of hyper-financialized Plantation economies.

Given the dominance of profit-maximizing corporations and the state, we naturally assume these are the economy. But there is a third sector, the community economy, which is comprised of everything that isn’t directly controlled by profit-maximizing companies or the state.

What differentiates the community economy from the profit-maximizing market and the state?

1. The community economy allows for priorities and goals other than maximizing profit. Making a profit is necessary to sustain the enterprise, but it is not the sole goal of the enterprise.

2. The community economy is not funded by the state.

3. The community economy is locally owned and operated; it is not controlled by distant corporate hierarchies. The money circulating in the community stays in the community.

4. The community economy is not dominated by moral hazard; the community must live with the consequences of the actions of its residents, organizations and enterprises.

The community economy includes small-scale enterprises, local farmer’s markets, community organizations, social enterprises and faith-based institutions. Its structure is decentralized and self-organizing; it is not a formal hierarchy, though leaders naturally emerge within civic and business groups.

The Plantation Economy institutionalizes poverty, parasitic finance, externalized costs, moral hazard (since the corporate/state overseers do not live in the community being cannibalized) and centralized wealth and political power.These are the only possible outputs of the hyper-financialized Plantation Economy.

Once the Plantation Economy has displaced the community economy, opportunities for work and starting small enterprises shrivel, and residents become dependent on state social welfare for their survival. By eliminating the need to be a productive member of the community, the welfare state destroys positive social roles and the inter-connected layers of the community economy between the state and the individual.

When the individual receives social welfare from the state, that individual has no compelling need to contribute to the community or participate in any way other than as a consumer of corporate goods and services. State social welfare guts the community economy by removing financial incentives to participate or contribute.

Why is the community economy so important? The community economy is first and foremost the engine of social capital, which is the source of opportunity and widely distributed wealth.

Corporations cannot replace communities for the simple reason each organization has different purposes and goals. The sole purpose and goal of a corporation is to expand capital and profits, for if it fails to do so, it falters and expires.

The purpose of a community is to preserve and protect a specific locale by nurturing social solidarity: the sense of sharing a purpose with others, of belonging to a community that is capable of concerted, collective action on the behalf of its members and its locale.

http://charleshughsmith.blogspot.tw/2017/02/loving-our-servitude-in-americas.html

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