Opposite Land

Now that the banks that were created by and for fishermen, farmers, small industry and shopkeepers are no longer in our hands it is interesting to listen to the rhetoric.
The echo-chamber parrots the mantra about the benevolent foreign investor/creditor as being our heavenly Saviour and the mercy-full grace that we should be so lucky to have them.
In 1984 as in 2009; War is Peace; Freedom is Slavery; Ignorance is Strength

60 secrecy jurisdictions

Where are the world’s secrecy jurisdictions? – Richard Murphy FCA

“The Mapping the Faultlines project is based on the contention that the mechanisms that allow illicit financial flows to occur result from the synergistic relationship between the world’s secrecy jurisdictions and the secrecy providers (bankers, lawyers and accountants) whose work is based there.”

An excerpt and a full list is available for download here.

War, Inc.

In our infinite wisdom we are now to open a repair shop for Tamerlane (precision) killing machines.

Is there no limit to the lengths to which we are willing to go in prostituting our self’s for the next crack shot of little green peaces of paper?

Silly Money


This is probably as good a summary of the financial crises as any – Silly Money – a clear masterpiece.

A Magic (Norwegian) Hat

One of our more talented (or tiresome) polytricksters has come into possession of a Magic (Norwegian) Hat. All we have to do, is to ask him to tap his hat and we would get all the rabbits (or green peaces of paper) we could possibly want.

I’m convinced, that, this is the way to salvation as rabbits surely surpass our revered leaders in all things rabbity.

Al-Qaeda to rescue

We could never accuse the blogosphere of being dull.

Now that the country is all but officially bankrupt, the ruling class in tatters, and the mask is off the IMF – some bloggers think its high time to try something radically different – such as asking the Al-Qaeda for help.

The crisis: a year on

After the economic collapse and a year of corruption revelations, not a single kleptocrat has been arrested.

Do we simply have to take Herbert Marcuse’s quote as given, that, “Law and order are everywhere the law and order which protect the established hierarchy.” ?

The new rules of news – Dan Gillmor

“You may have noticed – you could hardly miss it – the blizzard of anniversary stories last month about the fall of Lehman Brothers, an event that helped spark last year’s financial meltdown. The coverage reminded me that journalists failed to do their jobs before last year’s crisis emerged, and have continued to fail since then.

It also reminds me of a few pet peeves about the way traditional journalists operate. So here’s a list of 22 things, not in any particular order, that I’d insist upon if I ran a news organization.” guardian.co.uk

Who pays for corporate welfare?

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