Feb 072020
 
Corona Lockdown Fallout

Takeuchi Seiho Bear in snow 1940     As I said earlier today, I picked up a whole slew of articles on the “coronavirus” through the day yesterday, collected some more today, and then decided not to put them in my daily Debt Rattle news aggregator today because it would have been too much. I wasn’t trying to focus on number of deaths or cases, interest in that is overblown by now. What I look for is news about the

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Jan 292020
 
2019-nCoV

M.C. Escher Fluorescent sea 1933   It’s a little amusing, though that word may not fit the topic, to see how people react to the 2019-nCoV (Wuhan coronavirus) “epidemic” that appears to have started in the city of that name. It’s understandable that people compare the warnings about it to those about for instance SARS (also a coronavirus, so either call this one 2019-nCoV or “Wuhan coronavirus”), and conclude that since that episode was not so bad, neither will this

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Jan 202020
 
Go Home Greta

Edvard Munch Ashes 1894   I have a lot of sympathy for young(er) people who are upset about what has happened, and still is happening, to the planet they were born on, during their lifetime and that of the generations before them. I have less sympathy for the “climate movement” even if those same young people thinnk it represents them, because it has grown too big and too diverse, and has come to rely (for no reason) too much on

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Dec 082019
 
 December 8, 2019  Posted by at 9:04 pm Finance, Primers Tagged with: , , , , , , , , ,  12 Responses »
Elizabeth Warren's "Foreign Policy"

Saul Leiter 463 1956   Ronald Reagan and Mikhail Gorbachev first met in Geneva in 1985, in a summit specifically designed to allow them to discuss diplomatic relations and the -nuclear- arms race. At the time, the Soviet Union had started to crumble, but it was still very much the Soviet Union. They met again in 1986 in Reykjavik, in a summit set up to continue these talks. There, they came close to an agreement to dismantle both countries’ nuclear

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Dec 072019
 
Assange and Auschwitz

Saul Leiter Taxi c1957   When I read that Angela Merkel visited Auschwitz this week (for the first time ever, curiously, after 14 years as Chancellor, and now it’s important?), my first thought was: she should have visited Julian Assange instead. I don’t even know why, it just popped into my head. And then reflecting on it afterwards, of course first I wondered if it’s acceptable to compare nazi victims to Assange in any way, shape or form. There are

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Dec 052019
 
The Value of Legal Experts

Pablo Picasso Couple on a bench 1943   No no no, I want to do something else, but they won’t let me. There are just too many assumptions, opinions, interpretations and hearsay that linger on in what I see, and I can’t let that just go now that we’ve come so far. Nancy Pelosi just now: The California congresswoman told Thursday morning’s news conference: “The facts are uncontested. The president abused his power for his own political benefit at the

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Nov 292019
 
The Fed Detests Free Markets

Paul Gauguin Tahitians at rest (unfinished) 1891   To be completely honest, I wrote -most of- the second part of this a while ago, and then I was thinking this first part should be part of the second, if you can still follow me. But it doesn’t really, it’s fine. I wanted to write something to address how little people know and acknowledge about how disastrous central bank policies have been for our societies and economies. Because they don’t, and

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Nov 272019
 
 November 27, 2019  Posted by at 7:23 pm Primers Tagged with: , , , , , , , , , , , , ,  7 Responses »
Jeremy Corbyn Hates All Jews

Pablo Picasso Female bust R 1943   For political, but, much more, monetary reasons, the media makes their mark, and therefore Jeremy Corbyn hates Jews, Julian Assange is an unwashed rapist and Donald Trump is Putin’s handpuppet. And if you object, you’re a suspect human being. In order to make money, and retain or gain power, the media and intelligence services, along with the political powers friendly to them, inject opinions into the populace. How Orwellian do you want it?

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Nov 232019
 
 November 23, 2019  Posted by at 2:14 pm Finance, Primers Tagged with: , , , , , , , , , , ,  15 Responses »
Empty Frenzy

Salvador Dali Back the girl 1926   It wouldn’t be the first time we ask ourselves what American journalism has come to, but that question sure appears relevant today. There are again new accusations floating around about Trump. And of course we are all weary by now, after the Russiagate bomb and the Ukraine fizzle, but okay, let’s take a look. There is a newfangled poetically named “ethics watchdog” named American Oversight, which has received some documents after a FOIA

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Nov 212019
 
 November 21, 2019  Posted by at 1:49 pm Finance, Primers Tagged with: , , , , , , , , , ,  35 Responses »
The Godfather in US Politics

Salvador Dali Figure at a window 1925   Below is a private email I received a few days ago from an Automatic Earth reader and that I would like to share with you. Watching (some of) the impeachment inquiry this week and last, I again get the same feeling I’ve had for some 4 years now, which is something we all know -metaphorically- from the Godfather. The Democrats and the Republicans are like two -of the five- families, let’s say

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