Debt Rattle October 5 2019

 

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  • #50368

    Pablo Picasso Head of a bearded man 1940   • Democrats Subpoena White House For Ukraine Documents (ZH) • 2nd Whistleblower May File Complaint Abo
    [See the full post at: Debt Rattle October 5 2019]

    #50369
    V. Arnold
    Participant

    Pablo Picasso Head of a bearded man 1940

    So, that’s what I look like…
    😉

    #50370

    Bernie’s 78. Gets a heart attack. And still thinks he can get elected as president?

    #50371
    V. Arnold
    Participant

    Bernie’s 78. Gets a heart attack. And still thinks he can get elected as president?
    Raúl Ilargi Meijer

    Yo! That’s the American dream; which has mostly been a load of manure; now it’s been weaponized; believe in it or die!
    Beware the man on the white horse, wrapped in the flag, bearing a cross…

    #50374
    anticlimactic
    Participant

    IMPEACHKRAINEGATE

    Transcribing presidential phone conversations is secretarial work but because of the sensitive nature of the contents someone with a high security clearance needs to do it, hence the CIA.

    The idea is that these people will NOT disclose the contents – they need to be trustworthy.

    It must be known who transcribed this conversation so I am surprised that they have not been arrested and interrogated for this breach of confidence and national security.

    I would really have expected this to have happened within a day or two and am very surprised that it does not appear to have happened at all.

    At the very least I would expect that this function be removed from the CIA who have shown they are not fit to carry out this task.

    #50375
    boscohorowitz
    Participant

    “The child who is not embraced by the village will burn it down to feel its warmth. – African proverb”

    Old tribal wisdom’s currency is on the rise.

    #50376
    John Day
    Participant

    Bernie Sanders may get to be “kingmaker” this time. His endorsement will be extremely sought after.
    I say he should endorse Tulsi Gabbard, whi stood up for him last time, and which would be a proud stance, and a historic F__k You to the DNC billionaires who defrauded voters and robbed him in 2016.

    #50377
    John Day
    Participant

    http://www.johndayblog.com/2019/10/what-future-history.html
    ​Historical transitions are completely insecure. No assurances exist. No comfort zone. Root hog or die.
    How much daily insecurity are we used to?
    One of our main goals in life is to be more secure, to save resources for times of need, to be well liked socially, to have good clothes, a good roof over our heads, and a warm hearth, surrounded by loving family.​
    Nonetheless, economic resets must periodically be worked out by all the economic participants, in all of the critical classes: Production and Transport, Management/Organization, Politics, Resource-Allocation and Enforcement. (That’s just my own quick division of economic segments. I’d lump religion with politics, for instance.)
    All of us could be more conversant with production, especially kitchen-gardening, the intimate scale.
    Below is a picture of me before work, October 1, at one end of the long break-patio at People’s Community Clinic, It shows about half of the vegetable garden I grow there for my coworkers. My purpose growing vegetables at work, is to create familiarity with that core human activity, to provide a chance to get some vegetables in season, and to understand how a garden progresses through the seasons and years.
    Vegetable gardening provides the kind of security that comes from knowing the context intimately. It’s well aware of all of the limitations and weaknesses that inherently exist. It is not like the blind faith that “we” can transition to “completely renewable energy” by 2050, for instance.
    One of the classes of people which is still being supported by global financial capitalism is the managerial class, that I include second in the list, those who provide structure and order to the fundamental processes of our economy, roughly the top 10% of wealth, minus the 1-2% at the tip.
    I’m in that demographic, as you likely are. We can’t feel too easy; at least I do not. I’m in the business of understanding humans, their problems, diagnosing what is wrong, and finding inroads to improve and heal what is failing.
    I believe that American and global economies broke away from the paradigm of sustainable economy in the early 1980s, started lying about the future, which was well-received, and started a Ponzi scheme for all forms of retirement plans, keeping up payments from current receipts, while gutting the productive assets, and protecting them from the future claims of society, under private ownership.
    The problems inherent in that are myriad. “Ownership” exists within the context of a pervasive social-contract. The “owners” assume this will always exist for them, despite their covert embezzlement of all the cookies from the jar.
    They pay the enforcers and managers and transport people, don’t they?
    They are the masters of resource-allocation, are they not?
    They have lots of product saved up for bad times, and protected in bunkers, right?
    The problem is that the economy still needs productive workers, even though automation is so vast and pervasive. Workers and managers who are directly engaged in production have a working bond, that does not extend to bankers.
    Which side do the police and army take?
    Historically, they side with the bankers until they change sides and the revolution succeeds.
    They are never the banker’s kids, after all…
    At this point, we are forced to accept that there is actually an important societal role for Politicians. (Consider a writhing mass of earthworms in a manure bucket, which we don’t really want to reach in and grab with both hands.)
    All of our lives, the main paid-job of politicians has been to deliver the workers, managers and enforcers to the resource-allocators.
    That’s ending. It’s entering transition.
    The successful politicians in the next decade will convince the resource-allocators to allocate a lot less to themselves, in trade for some security, which will be gained from creating a new societal contract.
    The new social contract will be viable under conditions of more expensive and scarce energy and natural resources, and the fouling of our nest, which we finally have to address

    2020 is for all the marbles. The global capitalist ruling classes either crush this ongoing populist insurgency or … God knows where we go from here. Try to see it through their eyes for a moment. Picture four more years of Trump … second-term Trump … Trump unleashed. Do you really believe they’re going to let that happen, that they are going to permit this populist insurgency to continue for another four years?
    ​ ​They are not. What they are going to do is use all their power to destroy the monster … not Trump the man, but Trump the symbol. They are going to drown us in impeachment minutiae, drip, drip, drip, for the next twelve months. The liberal corporate media are going to go full-Goebbels. They are going to whip up so much mass hysteria that people won’t be able to think. They are going to pit us one against the other, and force us onto one or the other side of a simulated conflict (Democracy versus the Putin-Nazis) to keep us from perceiving the actual conflict (Global Capitalism versus Populism). They are going to bring us to the brink of civil war in order to prevent civil war. And, if that doesn’t work, and Trump gets reelected (or if it looks like he’s going to get reelected), they’ll probably have to just go ahead and kill him.
    ​ ​One way or another, this is it. This is the part where the global capitalist ruling classes teach us all a lesson. The lesson they intend to teach us is the same old lesson that masters have been teaching slaves since the dawn of slavery. The lesson is, “abandon hope.” The lesson is, “resistance is futile.” The lesson is, “shut up, eat your tofu, get back to work at your three gig jobs, service your school loans and your credit card debt, vote for who and what we tell you, and be grateful we don’t fucking kill you.
    http://www.unz.com/chopkins/trumpenstein-must-be-destroyed/

    Former Israeli Intel Official Claims Jeffrey Epstein, Ghislaine Maxwell Worked for Israel
    ​ ​A recent interview given by a former high-ranking official in Israeli military intelligence has claimed that Jeffrey Epstein’s sexual blackmail enterprise was an Israel intelligence operation run for the purpose of entrapping powerful individuals and politicians in the United States and abroad.​ ​by Whitney Webb​ (Thanks for the link, Cat)​

    Former Israeli Intel Official Claims Jeffrey Epstein, Ghislaine Maxwell Worked for Israel

    #50378
    kultsommer
    Participant

    Smiling lips and right side of face have that cartoon like and pop art-ish flamboyancy of two decades later.
    Not his best to say at least but Picasso, of course, is more than forgiven.
    Self serving congressional fight saga continues with public real needs nowhere to be registered in their minds.

    #50379
    anticlimactic
    Participant

    CRYPTO EURO?

    I have been wondering what this implications would be if the ECB created a crypto version of the Euro. Nothing complex – just a straightforward conversion. Euros could then be stored as cash, in a bank or in crypto.

    One plus point is that it bypasses SWIFT allowing for simple International payments.

    It would mean anyone with negative interest rates would immediately switch to crypto – it would eliminate negative interest rates. It would also attract a lot of other bank deposits even though it would not pay interest.

    Parking money in a bank has a risk. The banks would need to make the risk worthwhile with higher interest rates.

    It should reduce the desire for Bitcoins and similar as the main attraction is that they are not in a bank.

    If other currencies joined in then it could replace a lot of SWIFT transactions.

    It would be interesting!

    #50380
    boscohorowitz
    Participant

    “(Consider a writhing mass of earthworms in a manure bucket, which we don’t really want to reach in and grab with both hands.)”

    Quite the apposite analogy.

    #50381
    boscohorowitz
    Participant

    As for the Picasso image: while it is an example of why I ignored Picasso when I was younger, having been exposed mostly to his ‘vivisectionist’ work to the near exclusions of his other work, I nonetheless look at it now and see Picasso struggling, among other things, to maintain that childish naivete he was known for.

    As for Euros, cryptocurrency (rhymes with kleptocurrency), I think the following news is a much more fundamental alteration of the global economic landscape:

    http://9bill.blogspot.com/2019/10/el-forko-tostada.html

    #50382
    boscohorowitz
    Participant

    ABout the only card the USA has left is to attempt to occupy Saudi Arabia (at this point, I don’t know if our candy military can do even that much), which will at least lead, almost certainly, to a shutdown of Persian Gulf shipping, which in turn will increase demand for shitty USA shale oil, if only within the USA.

    I suspect USA gas prices will be at least double a year from now.

    #50383
    boscohorowitz
    Participant

    I don’t think they’ll kill Trump. He knows way too much. Much of what he knows about them would also incriminate himself, but dead men are difficult to prosecute.

    I think Trump will win. The DNC is incapable of winning presidential elections anymore without a thorough changeover.

    We’ll go to war. It’s what we *do*.

    #50385
    lasttwo
    Participant

    I like it John Day — Bernie endorses Gabbard — the democrats have a candidate with actual integrity. you not a fake native or a fake vet or a fake prison reformist or a fake … that has not happened since Carter. The money would certainly help get her antiwar message out. come on Bernie do it.

    #50386
    lasttwo
    Participant

    before anyone says anything I know Carter was not a great president but he was and still is a mighty good human being.

    #50387
    boscohorowitz
    Participant

    Hmmm… puts on his tinfoil conspiracy fedora… a false flag attributed to Saudi Arabia of sufficiently large and, shall we say, vulgar atrocity would “justify” a shock’n’awe against Saudi Arabia of enormous scale.

    The one thing that USA military can still do is toss a zillion cruise missiles and such against adversaries not yet equipped with superior Russian defense weaponry.

    The USA populace would probably buy it but the rest of the world, hardly. The atrocities involved would piss off the entire Middle East since most ME nations have significant numbers of their citizens working and living in Saudi Arabia, but that doesn’t mean they’d retaliate, for while the USA military has become mostly a paper teddy bear, we are a nuclear armed-to-the-gills polity with a perilously corrupt tyrant class that smokes the Book of Revelations in a Jesus bong and seems to believe that Pyrrhic victory — or defeat — are what God wants to know when to come down and fix things.

    Like they’re Roman centurions working the signal tower that let’s Caesar know the barbarians have breached the Wall.

    So, crazy as it sounds, and oy, it sounds crazy, it’s par for the course with the likes of Pence and people who make Jeffrey Epstein seem like a nice enough chaperone for your daughter.

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