Small Bizness in the Sea of Irredeemable Debt
February 6, 2013Off the keyboard of RE Published originally on the Doomstead Diner Discuss this article at the Epicurean Delights Table inside the Diner My good friend and Cross Posting Blogger here on the Diner Steve from Virginia published an article this week called Watch the Banks…. on his Blog Economic Undertow. It’s one of Steve’s trademarks to title many posts with three Periods after them….LOL. I cross posted the article here o...
Malaysian Flight 17: Close Encounters of the Stupid Kind
Off the microphone of RE
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Aired on the Doomstead Diner on July 21, 2014
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Snippet:
…The Newz of the last few Daze both in the MSM and the Blogosphere has been consumed with speculation over the motivations behind the downing of Malaysian Airlines Flight 17. Just about everything else, from the collapse of the Eurozone to Fukushima and even to the invasion of Gaza by Israeli Ground Forces has taken a back seat to this bizarre Newz Event.
With few FACTS to go on other than it is clear that a Malaysian Airlines plane came in for an Unscheduled & Unsafe landing in the Donetsk region of Ukraine, speculation has been non-stop about WHO was responsible, HOW they took the plane out of the sky, WHY somebody would do this and just WTF is going on here?…
For the rest, LISTEN TO THE RANT!!!!
RE
Fashion vs Will to Power III
Off the keyboards of Steve from Virginia and RE
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Published originally in the Commentariat on Economic Undertow
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Steve from Virginia who publishes the Blog Economic Undertow and myself are old Internet Compadres who have been debating the root causes of Collapse for quite a long time now with each other. It first began before we set up the Diner on his blog, I think my first posts on EU go back to around 2009, maybe 2010.
For the most part, Steve and I agree on most concepts Economic in nature WRT Industrial Civilization Collapse. From Debt to Fukushima and beyond we are entirely on the same page. However, Steve and I also have a FUNDAMENTAL DISAGREEMENT on the etiology or root causes of the disease human society is faced with in the waning years of the Waste Based Economy, which crops up anytime he advances his theory that the Progress Meme followed over the years here is based on what he refers to as “Fashion”, whereas I contend that this results from what I refer to as the “Will to Power”.
The most recent installment of this long running [...] Continue Reading…
This Week in Doom: Appointment at Sentara
Off the keyboard of Surly1
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Originally published on the Doomstead Diner on July 19, 2014
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“There was a merchant in Baghdad who sent his servant to market to buy provisions and in a little while the servant came back, white and trembling, and said, Master, just now when I was in the marketplace I was jostled by a woman in the crowd and when I turned I saw it was Death that jostled me. She looked at me and made a threatening gesture; now, lend me your horse, and I will ride away from this city and avoid my fate. I will go to Samarra and there Death will not find me. The merchant lent him his horse, and the servant mounted it, and he dug his spurs in its flanks and as fast as the horse could gallop he went. Then the merchant went down to the market-place and he saw me standing in the crowd and he came to me and said, ‘Why did you make a threatening gesture to my servant when you saw him this morning?’ ‘That was not a threatening gesture,’ I said, ‘it was only a start [...] Continue Reading…
Flying: Unsafe at Any Altitude
Off the keyboard of RE
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Published on the Doomstead Diner on July 20, 2014
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The BIG NEWZ for the week on the Geopolitical level was the downing of yet another Malaysian Commercial Jet over East Ukrainian Air Space. Well, besides the Israelis rolling Tanks in to Gaza, also pretty Big Newz. Let’s begin though with this latest Unscheduled and Unsafe Landing by Flight MH-17.
The Malaysians appear to be the Target of Choice for taking out Commercial Jets, for what reason remains Unclear at this point. Is it because Malaysian Airlines Passengers are considered more Expendable than say KLM (Dutch) Passengers? Is it because somebody has taken out large Insurance Policies on Malaysian Airlines? Is it because there are particular Passengers on Malaysian Airlines planes that are targeted first for a Ticket to the Great Beyond? WTF Knows?
What I do know is that the statistical probabililty of two commercial jets from the SAME Airline ( a relatively small one with a relatively small fleet) BOTH being sent to the Great Beyond under Mysterious Circumstances within a year is ridiculously small on pure Random Chance, you got at least [...] Continue Reading…
Muscle Over Mind
Off the keyboard of Jason Heppenstall
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Published on 22 Billion Energy Slaves on July 17, 2014
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Daemon: benevolent or benign nature spirits, beings of the same nature as both mortals and gods, similar to ghosts,chthonic heroes, spirit guides.
Greetings folks! I’m still here but haven’t written anything in a while or been doing much in the way of online connecting generally. In fact I’ve been busy doing other things, mainly digging.
My days at the moment tend to involve digging out about half a ton of soil from the basement of our house, carrying it by bucket to a trailer and then driving it to our woodland where I unload it to build up various earthworks on the land, including a terrace for a polytunnel, a retaining wall for a large pond and another terrace. I then spend a couple of hours hacking up clay and rocks with a pick axe to deepen said pond and then return home to pick children up from school, make dinner and make sure they do their homework.
Usually, by the time they are in bed, I’m too shattered to do anything other than read.
I lost my part-time [...] Continue Reading…
War Zones
From the keyboard of James Howard Kunstler
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Originally Published on Clusterfuck Nation July 21, 2014
Israel’s Prime Minister Benjamin Netanyahu summed it up the other day when he said, “We use our rockets to protect our women and children; they [Hamas] use their women and children to protect their rockets.”
Some time ago, the Left adopted the Palestinians as their pet oppressed minority group so there is nothing that Israel might do that will be okay with them, except to commit suicide, that is, cease to exist — which is the stated policy of Hamas. Every time Israel refuses the suggestion that it cease to exist, the Left becomes inflamed. They cannot imagine why Israel would prefer to fight for its existence than to roll over and die.
The Palestinian leadership doesn’t really want to talk about any resolution to the enduring crisis in which Israel is granted the right to exist. That doesn’t leave a whole lot of room for negotiation, and so they have literally painted themselves into a geographical corner of the region called the Gaza Strip where one of their other policies is to grow the Palestinian population in the hopes of eventually wiping Israel off [...] Continue Reading…
A Gazillionaire Looks to the Future: Sees Pitchforks
From the keyboard of Thomas Lewis
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First published at The Daily Impact June 11, 2014
One of the Masters of the Universe — he bankrolled the startup of Amazon.com, for example — has peered through the bubble of wealth that surrounds him and has glimpsed a terrifying future. Now, the opinions of the rich and powerful have no enhanced value because of their status and deserve no special attention; to the contrary, they are highly suspect given their destructive record. But given the almost universal tendency to defer to people who accumulate money, it’s worth quoting them on the rare occasions when, like a stopped clock, they are in fact correct.
So when Seattle entrepreneur (from the French, meaning “between jobs”) Nick Hanauer publishes an open letter in Politico to his fellow .01-percenters, warning them that unless they change their ways they will come to a bad end, well, it’s worth a listen. He’s been pretty good at seeing the future and making money from it, Hanauer allows, and now when people ask him what he sees up ahead, he tells them he sees pitchforks. “You show me a highly unequal society, [...] Continue Reading…
It Was Putin’s Missile!
Off the keyboard of Pepe Escobar
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THE ROVING EYE
Originally published in Asia Times on July 19, 2014
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And here’s the spin war verdict: the current Malaysia Airlines tragedy – the second in four months – is “terrorism” perpetrated by “pro-Russian separatists”, armed by Russia, and Vladimir Putin is the main culprit. End of story. Anyone who believes otherwise, shut up.
Why? Because the CIA said so. Because Hillary “We came, we saw, he died” Clinton said so. Because batshit crazy Samantha “R2P” Power said so – thundering at the UN, everything duly printed by the neo-con infested Washington Post. [1]
Because Anglo-American corporate media – from CNN to Fox (who tried to buy Time Warner, which owns CNN) – said so. Because the President of the United States (POTUS) said so. And mostly because Kiev had vociferously said so in the first place.
Right off the bat they were all lined up – the invariably hysterical reams of “experts” of the “US intelligence community” literally foaming at their palatial mouths at “evil” Russia and “evil” Putin; intel “experts” who could not identify a convoy of gleaming white Toyotas crossing the Iraqi desert to take Mosul. And yet they [...] Continue Reading…
The Anti-Empire Report #129
From the Keyboard of William Blum
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Published originally in The Anti-Empire Report June 7, 2014
Edward Snowden
Is Edward Snowden a radical? The dictionary defines a radical as “an advocate of political and social revolution”, the adjective form being “favoring or resulting in extreme or revolutionary changes”. That doesn’t sound like Snowden as far as what has been publicly revealed. In common usage, the term “radical” usually connotes someone or something that goes beyond the generally accepted boundaries of socio-political thought and policies; often used by the Left simply to denote more extreme than, or to the left of, a “liberal”.
In his hour-long interview on NBC, May 28, in Moscow, Snowden never expressed, or even implied, any thought – radical or otherwise – about United States foreign policy or the capitalist economic system under which we live, the two standard areas around which many political discussions in the US revolve. In fact, after reading a great deal by and about Snowden this past year, I have no idea what his views actually are about these matters. To be sure, in the context of the NBC interview, capitalism was not at all relevant, but US foreign policy certainly was.
Snowden was not [...] Continue Reading…
World Cup Reality Check
Off the microphone of RE
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Aired on the Doomstead Diner on July 18, 2014
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Snippet:
…A few days ago, my partner in Doom Surly put up an article from Pepe Escobar, one of our cross posting bloggers who covers the Geopolitical scene on the ground as a roving free lance reporter and writer. The article was titled “The Fall of a Superpower”
From the title and given Pepe’s general geopolitical focus, I figured this was going to be about the implosion of the FSoA Military.
Instead, its a Futbol Tragedy from the World Cup, held over the last month or so in Brasil, where Pele once roamed the fields and took on God-like status in the world of Futbol. As trivial as a sporting event might seem given the current kilotons of Death From Above being heaped on the Gaza Strip today, sporting events still capture the imagination and emotions of millions of people, and no matter hwo bad things might be in a given neighborhood, sportsfans will dwell on the fate of their favorite team. In some cases, you’ll even see Cease Fires in ongoing wars when a “Big [...] Continue Reading…
Kiev Losing, Sanctions Flopped, Airliner Down, War Back On?
Off the keyboard of Anthony Cartalucci
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Published on Land Destroyer on July 18, 2014
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July 18, 2014 (Tony Cartalucci – NEO) – With Kiev’s forces being encircled and decimated in eastern Ukraine, western Ukrainians in Kiev protesting the war, and US sanctions receiving global ridicule as feckless – the downing of a Malaysian Boeing 777 airliner with over 280 on board in eastern Ukraine – allegedly shot down over a conflict zone – will undoubtedly be exploited by NATO to vilify Kiev’s opponents, particularly fighters in the east and Russia who NATO accuses of “destabilizing eastern Ukraine.”
Preceding the downing of Malaysian flight MH17, just hours beforehand, Ukraine claimed Russia had shot down one of its SU-25 ground attack aircraft. The BBC’s article, “Ukraine conflict: Russia accused of shooting down jet,” stated that:
A Ukrainian security spokesman has accused Russia’s air force of shooting down one of its jets while it was on a mission over Ukrainian territory.
Andriy Lysenko, spokesman for the Ukrainian National Security and Defence Council, said an Su-25 ground attack plane was downed on Wednesday evening.
Russia’s defence ministry called the accusation “absurd”, Russian state media reported.
Rebels [...] Continue Reading…
Conversation with Guy McPherson II: Religion & Morality
Off the microphones of Guy McPherson and Monsta
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Aired on the Doomstead Diner on July 17, 2014
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In this portion of the podcast with Guy, the typical Religious beliefs of the major religions of Christianity, Islam, Judaism and Buddhism are discussed, along with the more abstract idea that the Progress meme of Industrialization itself is a form of religious belief.
In addition, there are further discussions of how Human Extinction scenarios might play out, as a consequence of the Collapse of Industrial Civilization.
RE
BRICS against Washington consensus
Off the keyboard of Pepe Escobar
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THE ROVING EYE
Originally published in Asia Times on June 3, 2014
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The headline news is that this Tuesday in Fortaleza, northeast Brazil, the BRICS group of emerging powers (Brazil, Russia, India, China, South Africa) fights the (Neoliberal) World (Dis)Order via a new development bank and a reserve fund set up to offset financial crises. The devil, of course, is in the details of how they’ll do it. It’s been a long and winding road since Yekaterinburg in 2009, at their first summit, up to the BRICS’s long-awaited counterpunch against the Bretton Woods consensus – the IMF and the World Bank – as well as the Japan-dominated (but largely responding to US priorities) Asian Development Bank (ADB). The BRICS Development Bank – with an initial US$50 billion in capital – will be not only BRICS-oriented, but invest in infrastructure projects and sustainable development on a global scale. The model is the Brazilian BNDES, which supports Brazilian companies investing across Latin America. In a few years, it will reach a financing capacity of up to $350 billion. With extra funding especially from Beijing and Moscow, the new institution could leave the World Bank [...] Continue Reading…
Apocalyptic Drought
Off the keyboard of Michael Snyder
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Published on Economic Collapse on July 15, 2014
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20 Signs The Epic Drought In The Western United States Is Starting To Become Apocalyptic
When scientists start using phrases such as “the worst drought” and “as bad as you can imagine” to describe what is going on in the western half of the country, you know that things are bad. Thanks to an epic drought that never seems to end, we are witnessing the beginning of a water crisis that most people never even dreamed was possible in this day and age. The state of California is getting ready to ban people from watering their lawns and washing their cars, but if this drought persists we will eventually see far more extreme water conservation measures than that. And the fact that nearly half of all of the produce in America comes out of the state of California means that ultimately this drought is going to deeply affect all of us. Food prices have already been rising at an alarming rate, and the longer this drought goes on the higher they will go. Let [...] Continue Reading…
Struggle to the Death
From the keyboard of James Howard Kunstler
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Originally Published on Clusterfuck Nation July 14, 2014
For public consumption, the fatuous haircut-in-search-of-a-brain, a.k.a. Secretary of State John Kerry, hauled out the dog-eared playbook for “negotiating a ceasefire” between the Palestinian Hamas leadership and Israel. Neither side takes him seriously, of course. In this historic moment of Islamic uproar across the entire region, Hamas is just following the larger script: act up and act out.
They would like to catch the momentum of rampaging ISIS next door, but Hamas is not a mobile force of mostly young male psychopaths. They’re stuck in Gaza embedded among their women and children doing what they can to eliminate Israel and replace it with an Islamic state. For the moment that means lobbing rockets from launch sites planted among the homes and institutions of daily life in the densely urbanized Gaza strip.
So far in the current offensive, they’ve launched over 700 missiles at Israel. Some of the rockets, purchased through the world’s arms bazaar from China, are powerful enough to reach Tel Aviv and Jerusalem. But they are poorly-targeted and Israel’s “iron dome” anti-missile system can intercept some of them before they land on anything.
Unlike [...] Continue Reading…
Corporate Control of the Food Supply
Off the keyboard of Michael Snyder
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Published on Economic Collapse on July 14, 2014
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Big Corporations Have An OVERWHELMING Amount Of Power Over Our Food Supply
From our fields to our forks, huge corporations have an overwhelming amount of power over our food supply every step of the way. Right now there are more than 313 million people living in the United States, and the job of feeding all of those people is almost entirely in the hands of just a few dozen monolithic companies. If you do not like how our food is produced or you don’t believe that it is healthy enough, it isn’t very hard to figure out who is to blame. These mammoth corporations are not in business to look out for the best interests of the American people. Rather, the purpose of these corporations is to maximize wealth for their shareholders. So the American people end up eating billions of pounds of extremely unhealthy food that is loaded with chemicals and additives each year, and we just keep getting sicker and sicker as a society. But these big corporations are raking in big [...] Continue Reading…
Toward a Europe Whole & Free [to loot]
Off the keyboard of Anthony Cartalucci
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Published on Land Destroyer on July 10, 2014
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July 10, 2014 (Tony Cartalucci – NEO) – When the special interests who created and direct the agenda of the European Union disagree with member states, the true nature of this supranational enterprise becomes painfully apparent – one of dictatorial special interests pursing regional policy that benefits none of its individual member states. No example of this can be clearer than the dispute that has emerged over the construction of Russia’s South Stream natural gas pipeline set to run through Bulgaria, Serbia, Hungary, and Italy.
The pipeline produces a large number of benefits for each of the nations it passes through, as well as for energy markets on either end of the pipeline. For the people and governments of these nations set to benefit most from the pipeline, the deal is an attractive, long-term investment. For the special interests that have created and currently direct the EU – on the other hand – it poses as a direct threat to their designs of continued expansion and corporate-financier hegemony beyond the collective borders of today’s [...] Continue Reading…
The fall of a superpower
Off the keyboard of Pepe Escobar
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THE ROVING EYE
Originally published in Asia Times on July 11, 2014
Discuss this article here in the Diner Forum.
SAO PAULO – I know; Israel bombing civilians in Gaza, Kiev bombing civilians in eastern Ukraine, the Caliph running amok in the Middle East, The Empire of Chaos playing trickster. But let me get something out of my chest first. I was saving this picture for the right moment. Which is now. Meet a classic tropical paradise – as in Santo Andre, in Bahia, close to the spot where Brazil was “discovered” by the Portuguese in 1500. The Mannschaft training camp is right behind those trees on the left. I was there at the start of the World Cup; my gracious host Anna Mariani owns a fabulous beach house right next to it.
The German camp – actually a beach condo – was secluded and customized to perfection. Yet the players interacted with the small village nearby, visited a local school, fraternized with Pataxo Indians, went for morning beach walks. And trained very, very hard; discipline, commitment, work ethic – while loving every minute of their side of paradise and imbibing rituals of Brazilian culture. This is where the [...] Continue Reading…
Eurobanksters Pray for Jesus
Off the microphone of RE
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Aired on the Doomstead Diner on July 13, 2014
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Snippet:
…Back today to real Diner MEAT, the Economic Kabuki ongoing across the globe as the Jokers & Clowns in charge scramble to keep all their Balls in the Air here, rather than being strung up by them. Even Master Juggler Ray Jason could not keep so many Testicles in the air at the same time.
The latest Testicle to come crashing to earth is in Portugal, Banco Espirito Santo is now on the rocks since its parent company defaulted on some debt payments. Espirito Santo translates to Spirit of the Saint, and these folks can only hope that Jesus drops down from Heaven and multiplies the Deposits in their bank like Fishies and Loaves of Bread….
For the rest, LISTEN TO THE RANT!
RE
Club Med Bank Failures
Off the keyboard of John Ward
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Published on The Slog on July 11, 2014
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More on the Way & we’re going to Pay
The growing reality of banking collapse and bailin strategies
Following the difficulties of Banco Espiritu Santos in Portugal yesterday, it was notable that in Spain, the Spanish government issued a retroactive tax on bank deposits there “as an aid to stimulating economic growth”. Taking away aka stealing the spending power of consumers is not, I would contend, the method of choice for kick-starting a dead economy (which was anyway supposed to be doing so well)…..but I wonder if the Government in Madrid gave much thought to the illegality under the Lisbon Treaty of retroactive legislation?
Probably not.
Last week, German Bundesbank President Jens Weidmann gave yet another speech directly firing a salvo at Mario Draghi’s “loose monetary policies”, and their risible attempt to keep the cost of ClubMed borrowing artificially low. Herr Weidmann quite rightly pointed out, “If expectations are not fulfilled, there will be a severe downside risk”. Being a polite, well-bred and educated German, what Jens is saying here is “we all know the Italian rapscallion [...] Continue Reading…
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