Meltdown

The Whore of Babylon

After hours of listening to the audio-version of “The Report”, I’m struck by how apparently easy it is to corrupt people. However, first “they” (we do not refer to them as criminals) needed to buy a Bank (with the banks own money) to become ?fit and proper Bankers, and then they “enticed” the: President, Government, “our” representatives, civil servants, lawyers, accountants, auditors, academics, journalists, public relations people, artists, do-gooders, and school children. If I have left anyone out I apologize.

Sorry, I forgot about (us) programmers, using supercomputers for High Frequency Trading, bankrupting not only one measly country but taking down economic unions, for thirty pieces of silver.

Krishnamurti is quoted to have said, – It is no measure of health to be well adjusted to a profoundly sick society.

Skuggathing (Shadow Parliament)

Skuggathing or Shadow Parliament is a social networking portal based on Open Active Democracy a system which in turn is a merger between: NationBuilder and Open Direct Democracy.

Bills and discussions are collected from Alþingi (Parliament) and added onto the web

Everyone can participate in the discussions, vote for or against arguments and add their own”bills” to the Skuggathing (Shadow Parliament).

In a TV interview the authors said that the Skuggathing (Shadow Parliament) portal came out of frustration with the lack of opurtunity ordinary people had to participate in the discussions after the Crash, in a way other social networking portals did not provide.

+ Is something good coming out of the Crash?
– “Our inventions are wont to be pretty toys, which distract our attention from serious things. They are but improved means to an unimproved end.” Henry David Thoreau

Prophecies

In 1848 Karl Marx predicted that “Capitalism would collapse on its own weight because the repetition of business cycles would eventually bring the economy past the point of no return”

In 2007 Niño Becerra wrote: “This is not a crisis like the ones we’ve known for the past 30 years, this is the beginning of the end of the economical system that startet with the Industrial revolution by 1820s.”

Niño Becerra goes on to give this timetable:

  • September 2007 to October 2009: Prelude to the crisis. Governments would take measures to avoid “things going worse” (we are seeing some of them by now, October ’08)
  • October 2009 to May 2010: The believe that “things are not working the way they should” starts to spread out.
  • May 2010: The Crisis starts with all its force.
  • 2011: The worst and hardest year of the crisis.
  • 2012-2015: Governments regulate the economy and people accept it because they are in shock after what happened.
  • 2015-2018: Slowly and not without problems the economy starts to pick up and improve slightly.
  • End of 2018: End of the crisis.

Artículos de Santiago Niño Becerra (spanish)

Is this what happens when we let the criminals write the law?
Ex-Lehman-Banker bekommen Milliarden-Boni

Global Recession: Shapes and Forms

“Debt crisis in millionaires’ playground could herald new phase in global financial meltdown”

“You say it was always obvious to you that because Britain had such a large financial sector we would be among the worst affected and that our recovery would be delayed. Why then did the prime minister say Britain would be leading the world out of recession?”

Others say that wallpapering the cracks in the capitalist wall – with public money – will not fix structural faults.

I sincerely hope though that the Tamerlane HQ will be saved.

Fears of double-dip recession grow as Dubai crashes
A morally bankrupt dictatorship built by slave labour

Done your laundry?

” Depending on which international agency you ask, criminals launder anywhere between $500 billion and $1 trillion worldwide every year. The global effect is staggering in social, economic and security terms.
. . .
Developing countries often bear the brunt of modern money laundering because the governments are still in the process of establishing regulations for their newly privatized financial sectors. This makes them a prime target. ”

Rumors relating to money laundering and connections between the fallen banks and the Russian mob continue. It is told that these are so ’embarrassing’ and reach so high up in the ranks and across boarders, that it will be about the last ‘material’ to be uncovered, – if at all.

In the meantime, low-level bank-employees are being investigated where the sums of money allegedly embezzled are in the range normal people can identify with.

No wonder that people delighted in the story about Tony Musulin – Best Thief of the Year 2009.

Meltdown Iceland
How Money Laundering Works

The Wizard of Oz

Dorothy’s adventures may be an allegory but the solution, to get back to “Kansas”, is also a paradox.

Many have struggled long and hard but as they say “resistance is futile”.

The only thing we have to do is to splash some cold water on the wicked witch of the West (stop feeding her) to orchestrate her meltdown.

The Wonderful Wizard of Oz
The Story Behind …
Executive Order 11110

The BBC can make you laugh (or throw up)

The much acclaimed, “The Love of Money” has been flickering over our hypnotic screens of late. In it’s final stages we are shown how an angelic PM (or as some say a “one-eyed Scottish idiot”) steps in and saves the world’s financial systems from the abyss, almost singlehandedly.

It may well be that the program tries to clarify what happened in the 80 years up to this fatal date, but somehow it gets lost in this personality cult. Did all the Messianic Saviour’s (national and international) hang upside down in their respective caves – praying to the money god – for all these years?

Or was this ‘threat’ just another ‘lucky’ opportunity to transfer even more public funds into private hands?

A Letter to the Editor

We are told that this letter (Lost article) did not find its way onto the editorial pages of the once largest newspaper in this country.

Preventing Google translate to start many and deadly wars as did the Babel fish, I have patched-up some of the more insulting passages to the text here. (Lost article)

This will have to suffice until I find a proper translation.

In my not so humble opinion (IMNSHO) I think this letter gives a better glimpse of the situation in my land than many a book written to perception manage the subject.

I myself (with all my respect for television intact) do not believe that the use of the Anti Terrorist Act (Oct. 9) was anything other than U K’s response to the Icelandic governments own Emergency Banking Act (no. 125 7. October 2008). Two governments protecting it’s people (i.e their respective plutocracies) – only unfettered history will tell.

How the men behind Iceland crisis are still calling the shots By Archie Bland

Public Opinion?

As the ‘pre-crash’ policies gather momentum, some of us are wondering why large sections of the public appear to have faith in those who orchestrated the meltdown.
How is it possible to use (and abuse) public opinion, influence it, predetermine-, select-, shape-, control and restrict it, to serve those disastrous ends?
Books have been written with titles such as “The Opinion Makers“, and “The Myth of the Rational Voter: Why Democracies Choose Bad Policies“, which seem to support Edward Bernays assumption, that, “The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country.”
Winston Churchill didn’t seem to have much faith either when he scorned, “There is no such thing as public opinion. There is only published opinion.“

The Spectacular Achievements of Propaganda

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