Momentum And Inertia In Debt And Climate

[Raúl Ilargi Meijer]

Tesla Studios Engineering class, Wanganui Technical College, New Zealand Sep 26 1916 Today, we give you another little gem from Nelson Lebo, our dear
[See the full post at: Momentum And Inertia In Debt And Climate]

[rapier]

It is not a lie if you know everyone knows your lying. If Yellen had said stocks are in a bubble or that current inflation is a concern the world would have tilted on its axis.

In these instances I suppose her answers might be considered true on some very specific technical or quantitative basis but even if not her job is to say such things, lie or not. Everyone knows how she has to answer it’s her job. The truth or a lie has nothing to do with it. The answers were the truth because they have to be true, for the general good, according to everyone who is given authority to serve the general good.

I always go back to this to demonstrate the principal but not by those serving the general good but those serving some commercial good.

Note the congressman helped out by framing the question in terms of belief which instantly removed the already impossible chance of perjury. Nobody can prove what someone believes. Still if the question had been asked without the “believe” preface they would have answered the same way. They had to it was their job. While everyone knew they were lying most except the naive actually thought the lie was a lie, or something like that. (It is very difficult to describe the let’s call them psychological transactions involved in understanding the statements of people in authority)

To restate. They knew everyone knew they were lying with their denial so was it really a lie? Yellin’s case is a bit different as the objective truth can be sliced and diced and obscured so it isn’t as blatant but the principal is the same. Part of the problem is the questions themselves. The query, it’s framing, invites the lie, even demands it. Can you possibly imagine being asked if stocks are “inflated” instead of in a bubble?

[Diogenes Shrugged]

Excerpted from the Internet without attribution:
“William James, the father of modern psychology, said, ‘There is nothing so absurd, but if you repeat it enough, people will believe it.’

“Adolf Hitler, like James, recognized the power of repetition in getting people to believe lies. The ultimate Hitlerian propaganda technique is the principle of the big lie. Hitler declared ‘…that the very greatness of the lie is a factor in getting it believed … a great lie is more effective than a small one…’ In brief, the bigger the lie, the more likely it will be believed by the masses.”

– Thus we had Taliban cave dwellers who trained on jungle gyms demolish the World Trade Center and newly-fortified wing of the Pentagon with box-cutters.
– Thus we had the Sandy Hook massacre where nobody died and a Boston marathon bombing where nobody lost limbs.
– Thus we have carbon dioxide awarded a higher role than either the sun or water vapor in producing climate change.
– Thus we have billions of people who believe in one speechless Supreme Being or another while wars are fought and atrocities committed to defend His ego.

The list of ridiculous, but commonly believed lies goes on and on and on.

Probably the thing that rankles me most is that I’ve actually started to question whether the moon landings were real. The U.S. government – – past and present – – has lost all credibility, just as have the banks, the brokers, the police, the courts, the medical and pharmaceutical industries, the science-industrial complex, and once again, the list goes on and on and on.

You get by in life either being a producer or a parasite. We already tolerate a lot of parasites without much complaint. For instance, infants, old people, and the physically and mentally challenged. After exempting those people from the list of parasites, you get by in life either by procuring your winnings honestly or by theft. When the scales of humanity tip toward theft, sustainability is impossible. Lies are a form of theft.

Yes, the oceans do serve as a heat sink. That isn’t news, and it has absolutely nothing to do with carbon dioxide.

1981 : Scientists Warn Of Unprecedented Warming In The 21st Century

1985 : Senator Al Gore Warned Of Seven Feet Of Sea Level Rise

PBS : Climatologists Predict Global Warming Will Kill Us All By The Year 2000

[Professorlocknload]

“the advanced capitalist economies grew the fastest between the 1950s and the 1970s, when there were a lot of regulations and high taxes”

And to think, all this time I thought that growth era of the 50’s and 60’s was due to cheap oil.

[SteveB]

Great series of posts last week, Ilargi. I’m still catching up.

“Human beings are notoriously bad at looking toward the future and planning ahead.”

Money-think prevents us from seeing the reality that it is money/exchange-using cultures, not humans, that suffer that malady.

The ZH piece on how it’s never different uses the wrong timeline for the 1987 crash in that graph. According to Robert Prechter, Jr.’s Elliott wave analysis in the appendix to his second edition of Conquer the Crash, the comparable period is just the last 20% or so of that five-year period, so the comparable collapse this time will be much lower than the graph suggests, which would be well below the 2009 low.

[Author]

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