Debt Rattle February 23 2018

 

Home Forums The Automatic Earth Forum Debt Rattle February 23 2018

Viewing 12 posts - 1 through 12 (of 12 total)
  • Author
    Posts
  • #39062

    Pablo Picasso Rooster 1938   • Art Cashin: Once the 10-Year Yield Hits 3% ‘All Hell’ Could Break Loose (CNBC) • China Regulators Take Control Of
    [See the full post at: Debt Rattle February 23 2018]

    #39063
    V. Arnold
    Participant

    Pablo Picasso Rooster 1938; I really like that painting.
    Every time I see a Picasso or a Miro, it reminds me of the movie, Midnight in Paris.
    Time traveler Gill Pender, is with Hemingway and Picasso; and Hemingway turns to Gill and says, “Miro is the greater painter, but Picasso is the greater artist.”
    True or not true, it cracked me up. Good movie by the way…

    #39064
    V. Arnold
    Participant

    A number of articles the last 2 weeks re: Debtor’s Prison; it’s baaackkk…
    https://www.aclu.org/issues/criminal-law-reform/sentencing/ending-modern-day-debtors-prisons?redirect=feature/ending-modern-day-debtors-prisons
    Apparenty it’s happening all too often.
    Scary times ahead for the poor…

    #39065
    Dr. D
    Participant

    I usually make ruthless fun of clueless authors from obsolete media, but Mr. French is accurate and straightforward. Those are indeed the lines and challenges, and moreso. However, there are equal opportunities to come together no one is recognizing yet.

    As DJT becomes President and the left fears for their life (SMH) they have turned away from a hostile government, started pantries, and bought and trained with guns. You know, like Republicans. Once they are doing this, it’s an easy step to then not want this cost and effort to be taken away, leaving you naked at the mercy of the Other.

    At the same time, the Right has come out of their bunkers and engaged, needed desperately to solve social issues of isolation, opiods, poverty, and engaging with functional government to effect change. You know, like Democrats.

    It’s still a rough uncertain road, however. “Americans can always be trusted to do the right thing, once all other possibilities have been exhausted.” –Winston Churchill, attr.

    #39066
    zerosum
    Participant

    There is an expression, that is used in a different context

    “Read them and weep”

    Soon. Sooner than you think, news articles like the following will be banned from being printed.
    The news media has stopped talking about a lot of bad things that are happening around the med.

    • 50,000 Die In UK ‘Cold Homes Public Health Crisis’ (Ind.)

    The number dying each year is similar to the amount who die from prostate cancer or breast cancer. A total of 168,000 excess winter deaths from all causes have been recorded in the UK over the latest five-year period. Of 30 countries studied, only Ireland has a higher proportion of people dying due to cold weather.

    There is an other expression about “a frog and boiling water”

    If the bad stories are too much and too fast, then the stories of the casulties will be divided into sub-parts. ie. deaths by opiods. Death by multiple causes.

    Did you ever read about, “death by poverty caused by a failing capitalist social/economic system”

    #39069
    olo530
    Participant

    Did you ever read about, “death by poverty caused by a failing capitalist social/economic system”

    Actually, the system works as intended. Your mom was the first and the last person who cared about you regardless of how useful you are to her. If those 50,000 didn’t develop a circle of friends to support them it’s on them, not on the system.

    #39070
    zerosum
    Participant

    olo530

    “If those 50,000 didn’t develop a circle of friends to support them it’s on them, not on the system.”

    WHAT!
    You are advocating a support system that is run by War lords …. tribal chiefs …. survival of the fittest

    Your proposal should be effective in reducing the human population to less than a billion.

    Maybe, just maybe there are multiple paths to achieve your objective.

    #39071
    V. Arnold
    Participant

    zerosum
    I didn’t get that from olo530’s post.
    What I got was; take responsibility for your life; develope a support system (or not) because the system doesn’t give a wit about you personally; nothing to do with the war lords.
    That’s a pretty cold, but realistic view of reality IMO…

    #39072
    olo530
    Participant

    Thank you, V. Arnold, that’s exactly what I meant. Just to add, that it’s true if we are talking about capitalism. There are other systems that are less “cold”, but I don’t know if they scale that well. And they are mostly discredited.

    #39073
    zerosum
    Participant

    My apologies for missunderstanding.

    #39074
    V. Arnold
    Participant

    olo530
    There are other systems that are less “cold”, but I don’t know if they scale that well. And they are mostly discredited.

    Well, not so true; discredited by neo-liberal folks with an axe to grind; namely austerity; and it all falls from there. But, scale does play a role.
    But, lets leave that for another thread closer to this as subject.
    History, history, history, is the by word…

    #39084
    Dr. D
    Participant

    Nailed it. The system doesn’t, cannot care; that is not its nature. Nothing personal. Therefore, care for your own.

    And scaling, this oddity shouldn’t be important but is pivotal, daily. A love, a family is the essence of pure communism. We give freely and perhaps receive nothing. But that does not scale well to the family reunion of 20, to the church group, the school, of 200. Then not a little to the town of 2,000. By the time you’re at 20,000, nothing works. We are now on scales of 200,000,000 or 2,000,000,000, 1×10^8th larger. Yet no matter how many times it fails, and people die openly by the thousands in plain sight, they never adjust.

    In fact they do the exact opposite. Seeing the family is the only communism, the only functional structure, great tireless effort is spent in destroying it. By the Right? Heavens no, the main attack on actual, working communism comes from the LEFT. They demand the care and charity needed be delivered a) not in love but at the end of a gun and b) at a scale already proven to fail for 150 years. And so it is now as the DNC attacks DJT from the RIGHT, saying he’s not warlike enough, he loves Russians (sadly, this is still code for “pinko commie”), and his co-puppets-of-Putin, Jill Stein and Bernie Sanders along with BLM. …Because, you know, clearly they’re all the same and working together. Why? To purge the DNC of any actual Democratic Socialism, anyone that might attempt to do good for the citizens, and divert money from the corporate and war machines.

    I wish I were kidding about the best journalists saying with a straight face that Sanders and Trump are working together, but I’m not, and later they will marvel at the vicious, partisan illogic, just as we marvel today at McCarthyism and Nazi Germany. The smartest people in this appear to be the dumbest, the most easily lead, the most irrational, and the most certain, as always. Dumb guys don’t know much, but they know which way is up, and which way the wind blows, and if you don’t know that much, aren’t you even DUMBER than middle America? Geniuses like Ben Bernanke and Paul Krugman don’t even know that much, but then they’re paid to with our money.

    “… innocence is drowned;
    The best lack all conviction, while the worst
    Are full of passionate intensity.”
    W.B.Yeats

Viewing 12 posts - 1 through 12 (of 12 total)
  • You must be logged in to reply to this topic.

Sorry, the comment form is closed at this time.