Insanity

Sacrilegious suggestion

“What horrifies me is that you’ve got a financial system designed by neoclassical economists.”

Numerous “proper” economists have attacked the sacrilegious suggestion that it would be possible to reverse the money creation flow by bailing out the debtors first, – not the banks. No wonder the (Swedish) central bank(s) stole into the prestigious Nobel price to reward the subservient economic priesthood.

However, doing the same thing over and over, expecting different results is the definition of “proper” economists, – or was it insanity?

Reading Debunking Economics – The Naked Emperor Dethroned? should be a pleasurable experience for everyone, except for hypnotized chickens of course.

Debunking Economics
System dynamics
Humpty Dumpty
Debtwatch
–
Debt: The First 5,000 Years
The Lost Science of Money
Economic Hit Man

Pseudo Science?

Dr. Jeffrey Schaler Professor of Psychology describes psychiatry as a pseudo Science.

“It’s Invented not Discovered”
“It takes one person to have a  disease, it takes two to have a mental illness.”
“Mental illness refers to something that a person does. Real disease refers to something that a person has.”
“DSM-IV is a great work of fiction”
“It’s not science. It’s politics and economics.”

CCHR
The Politics of Mental Illness
–
Confessions of an Rx Drug Pusher
Dangerous concentrations of power
Weltanschauungskrieg

The Uber-wealthy

 Mention a Foreign Investor with limitless money (stolen or borrowed) and our rent-boys and -girls in the investor- and political class drop their pants.

They’ve just sold our energy sources and are now panting to sell the land and what litle remains.

A class of the criminally insane who obviously do not plan to live here in the future, serfs, who think they will get a cosy job in an investment bank or an office in Bruxelles.

Glory to the Golden Calf.

Vast tract of Icelandic land (for beads and trinkets)
Resources peddled off at bargain prices
Brothel in the Highlands! (Lost article)

And in the “News”:
Distraction Distortion Disinformation Deception
–
They Rule (out of reach for mortals)
ALEC Exposed (Legislative Exchange Council)

A Systems Analysis Perspective

 Icelandic Economic Collapse
A Systems Analysis Perspective on financial, social and world system links

“We live in a time with ever increasing complexity in society and this is reflected in our lives becoming more complex and less easy to understand. Globalization has meant that events andcausal chains span larger distances, structures are less transparent and the way the world worksis becoming more difficult to understand. The Icelandic bank crisis, the co-occurring national financial collapse and world financial crisis was part of a larger set of linked events that are difficult to overview and penetrate.”
…
“The Icelandic economic collapse was real and very serious for a small country. Only by silent intervention of its Nordic neighbours were certain basic functions of supplying the country with essentials maintained. Without this, the situation for the Icelandic population would have been noticeably bad or even dangerous”
….
“After the financial collapse of the banks and later the state, the financial transactions and transfers were mapped out in detail in a Parliamentary Special Investigative Report (2010), including who was involved and their actions described as far as possible. However, these results are all outputs from an economic system where decisions were made somewhere else in the larger societal system. To come closer to the question of how and why the economic bubble could go so far, we also need to address the social dimension of the collapse.”
…
“One issue stands out clear from the global financial crisis, and that is that the there is no way back, the old system was flawed on a fundamental level, and the international financial and policy context is still very unsustainable. The whole world´s economic system, which is based on material resource consumption forever, has reached a limit we knew would be there somewhere in time, and which will eventually stop it (Meadows et al. 1972, 1992, 2005, Latouche 2007,Jackson 2009). Growth economics on a limited planet is unrealistic.”
…

University of Iceland

Icelandic Economic Collapse
A Systems Analysis Perspective on financial,
social and world system links (.pdf)

—

System dynamics
Causal loop diagram

“Anyone who believes that exponential growth can go on for ever in a finite
world is either a madman or an economist” ~ Kenneth Boulding

Al Bartlett: In Growth We Trust (the simple math 1 to 8 ) and
The Essential Exponential!

—

Related ?
The Four Horsemen
“The prostitution of the economics profession” [1].[2]
“not much to do with what the Constitution calls for.” [1].[2]
In the Valley of Elah

The Illusion of Choice

Well, he has done it again. Thank you mister president. We get to vote, but what about: Who, what, when, where, why, in what way, by what means and how?

By the way, this is the same president that aided and abetted the Latter-day Viking raids on the coasts around us (e.g. „You ain’t seen nothing yet“).

The “cheerleader” role of the president is given a whole chapter in the SIC Report (already forgotten) and the summarized lessons learned are:

  • The presidents role must be clarified in the constitution.
  • Rules are required as to how the president communicates with other states.
  • It is desirable that the Presidency did have a protocol including the manner in which business is supported.

Post hoc ergo propter hoc. Are we to feel grateful for this opportunity to be made responsible for the Criminal Banking Cartel? Or just for knowing that we are damned whatever we do?

Taking into account the secret and classified preconditions for the agreement, the nonjailable class is asking the rabble to play Russian Roulette with a blindfold, but that’s their reptilian nature, they always operate under the Mask of Sanity.

And Sane it isn’t. Now that the whereabouts of the stolen Icesave money is known – ask the Deloitte London Office – return it, and stop this madness.

There is only this tiny snag, we are now told it was all perfectly “natural” and “legal”. The money was funneled to other Banks in the Global Cartel to pay for equally natural and legal loans. Propter hoc, the money accumulates in the (Jekyll Island) “System”. Ex post facto, the Perfect Crime for the Bankers, but we get to vote on it. Yay!

The Illusion of Choice
Why are they not in jail?
The SIC Report
The Mask of Sanity
Is Bjorgolfur Thor the Key? (.is)
The Petersburg Connection
How much does a private-jet carry?  (3%)
Wire transfer: SWIFT, TIPANET, .?. (97%)
Where did the Icesave money go? (.is)
Deloitte London Office
From Jackson
To Ferguson
“This shit’s got to go.” [C] [1] [2]

Charles Ferguson’s ‘Inside Job’

 

Frederic Mishkin, a personal friend (?)
France 24 interviews Charles Ferguson
The Criminal Class

The Greed Game

 

The insanity manifests itself.

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