Click on the caption to view and listen to someone explaining the rules of the Great Game. Geopolitically things have moved on a bit since it was recorded. But has the powerful, relentless beat of the message changed in its rhythm or force? Personally, I think not. Unfortunately it is still being transmitted below the radar of the majority of the Western democratic electorate and consistently jammed anyway by the lamestream* media. Why is this? Are we all communistic at heart and have a secret desire for Marxian fulfilment? The facade of the subterfuge is wafer thin, transparent and prone to eruption, yet most refuse to see or hear what is happening and certainly cannot forsee the consequences of ceding to it. Hope! Change! Obamesmerised! Some would say its no longer a subterfuge; it is now overt imposition of the counter-cultural hegemony. Perhaps Gorbachev was a great deal more cunning than he was given credit for. Who would have forecast the collapse of capitalism within two decades in 1989?
Is it too late to reverse the rout? Probably. But try we must. Only a matter of time before the blogs are suppressed.
*ack. Darleen Click - wordsmith extraordinaire
Saturday, December 27, 2008
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5 comments:
> Who would have forecast the collapse of capitalism within two decades in 1989?
Capitalism didn't fail, states did. When you understand the economy you'll see the cause is that GOVERNMENTS created a credit bubble, which banks allocated. That banks are getting blamed for the credit bubble is wrong.
I agree that Governments have been complicit in the biggest series of bust-outs in the history of world trading in this recent upheaval for many very diverse and nuanced reasons, political and venal; and are about to participate in many more – with taxpayers involuntary assistance. But you cannot exonerate bankers, who have been complicit in covering up gigantic dodgy schemes and downright scams for many years.
I once helped in an investigation in the 1970s into the activities of 'The Hungarian Circle', a group of international 'paperhangers' who scammed their way around the world forging and defrauding banks by dropping bad paper as security for loans they never intended to repay. One leading gangster of the group possessed ten passports, some were diplomatic - all in different names, but all bearing his photograph.
They got away with billions over the years and the biggest obstacle in the investigations was the attitude of the bankers themselves: most of who didn't want to know when we approached them with our suspicions that they had been victims of fraud. I often wonder just how much of the assets of major banks comprise worthless collateral. I suspect that if the truth were to emerge every major bank in the world would go bust.
During that enquiry I handed a $20 note to one 'currency expert' sent along to examine some of the bank notes seized during a series of raids when some of the Hungarian Circle were busted.
"Is this a forgery?" I asked him.
He took out his magnifying glass and examined it. "No. That's the real McCoy!" he said with great certainty.
"I beg to differ," I retorted, "it is bogey."
"What makes you think so?" he snorted haughtily, obviously resenting my contradiction - he was the ‘expert’ after all.
"Because I took it from a box full of other notes over there, identical in every way, including the same serial number on each one."
When I also explained that we also had the forger banged up in the flowery dell downstairs he looked suitably abashed.
You're right ACO; I know bugger all about economics, but I do know a bent nine bob note when I see one and every time one of these jumped-up, never-come-down, scaly-backed lying bastards, purporting to be experts on economics, fiscal policies, boom 'n' bust, futures, the pound in my pocket, hoves into sight, telling me to spend, spend, spend to save their arses, I hide my wallet and lock up my daughters.
As for the credit card economy, don’t get me started! Suffice to say that many bankers like Barnum (or was it Bailey) live by the same axiom: there’s one born every minute.
Lets just say that fraudsters love to hide in inflation.
You are both right, gentlemen.
Happy New Year, and may Mylene come with us into the next-
Happy New Year to you and yours, furriskey. We hope your pipes are not freezing up there in the frozen North Coost; it's a bit parky on the West North coost, bor.
Mylene would have to get kitted up for the East wind were she here, or she would finish up with nipples like chapel hat-pegs.
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