AuthorTopic: The News From Pigmanistan  (Read 357 times)

Offline Eddie

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The News From Pigmanistan
« on: March 24, 2016, 06:03:18 AM »
From Jesse's Cafe Americain;

On the Slippery Slopes of Pigmanistan


"Over the last thirty years, the United States has been taken over by an amoral financial oligarchy, and the American dream of opportunity, education, and upward mobility is now largely confined to the top few percent of the population. Federal policy is increasingly dictated by the wealthy, by the financial sector, and by powerful (though sometimes badly mismanaged) industries such as telecommunications, health care, automobiles, and energy.

These policies are implemented and praised by these groups’ willing servants, namely the increasingly bought-and-paid-for leadership of America’s political parties, academia, and lobbying industry.

If allowed to continue, this process will turn the United States into a declining, unfair society with an impoverished, angry, uneducated population under the control of a small, ultrawealthy elite. Such a society would be not only immoral but also eventually unstable, dangerously ripe for religious and political extremism."

Charles Ferguson, Predator Nation, 2012


"Predator Nation demolishes the view that the global financial crisis was merely some sort of freak accident. Charles Ferguson makes a convincing case that the world’s banking system was brought to the brink of complete collapse in 2008–09 by a virulent combination of unchecked greed and criminal behavior.

This is an epic crime story with an apparently clean getaway, courtesy of the George W. Bush and Barack Obama administrations. Both presidents proved unwilling to hold anyone to account—or even to launch meaningful investigations.

Leading bankers walked away with billions of dollars in unjustified compensation. The costs imposed on the rest of us can be measured in the trillions of dollars."

Simon Johnson, economist and author,  book review of Predator Nation


“They were careless people, Tom and Daisy– they smashed up things and creatures and then retreated back into their money or their vast carelessness or whatever it was that kept them together, and let other people clean up the mess they had made.”

F. Scott Fitzgerald, The Great Gatsby

We have become so frivolous, so easily distracted, and so wantonly shallow that we are all becoming Tom and Daisy now.   We get by, like addicts, on partisan fear and hatred.  It is unfortunate but most have nothing to fall back on after the bread and circuses have run their course— no money, no love of anything but themselves, and no firm moral beliefs and principles.  Nothing but the abyss.

So far this dip we saw today in the wondrously mispriced risks of the US markets is just a pause, merely another day in the dismal lands of Pigmanistan.   Let's see if they can keep pumping this pig up to one of the more difficult levels of overhead support.

And a pig of a market this is.   The 'smart money' has been selling the rallies for the last couple of weeks. I wonder if they will be able to hang on until the end of the first quarter.

The vested financial interests, aka the dark hearts of fraud, wanted to get the major indices back to at least even if not green in the worst way.  And so far they have managed to do it with atavistically  named 'Dow Industrials' which is the favorite index of tourists.

What else would you call it, when this august index from history includes such 'industrial giants' as JP Morgan, Goldman Sachs, American Express, Travelers, and Visa?

Well, after all, in Pigmanistan the major product is debt, wrapped up as dodgy financial paper.

Have a pleasant evening.
What makes the desert beautiful is that somewhere it hides a well.

Offline K-Dog

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Mothers little helper.
« Reply #1 on: March 24, 2016, 07:09:21 AM »
Quote
Over the last thirty years, the United States has been taken over by an amoral financial oligarchy, and the American dream of opportunity, education, and upward mobility is now largely confined to the top few percent of the population. Federal policy is increasingly dictated by the wealthy, by the financial sector, and by powerful (though sometimes badly mismanaged) industries such as telecommunications, health care, automobiles, and energy.

These policies are implemented and praised by these groups’ willing servants, namely the increasingly bought-and-paid-for leadership of America’s political parties, academia, and lobbying industry.

If allowed to continue, this process will turn the United States into a declining, unfair society with an impoverished, angry, uneducated population under the control of a small, ultrawealthy elite. Such a society would be not only immoral but also eventually unstable, dangerously ripe for religious and political extremism."


So tell us something we don't know.  America has been a farce for a long time now.  Problem is that most Americans are all too willing to drink Jonestown Kool-Aid.  Americans crave to be lied to and find poison of a mental variety to have the sweet taste of lead paint chips. 

Conditioning to obey authority and believe fairy tales allows injustice to thrive.  The oligarchy would not exist if most Americans did not have fantasies of being part of it and were not too preoccupied with the trivia of their own pathetic existences to care for or contemplate the implications of giving up control of their lives to lizard people.  I take one small issue with Charles Ferguson because I disagree the American population will become angry or if they do become angry that they will have any clue why they are.  Americans will be and are fast becoming uneducated and impoverished yes, but angry they will be, no.  Dreams of unearned riches sooth minds rounding the corners of sharp injustices and inequities into blunt and easily tolerated delusions.



Note:  I have no idea who the person being crowned was and know nothing of her personally.  I disparage not her individually but only the symbol she represents.  Individually she might have been a kind and thoughtful person, one I'd like and respect.

And for those that do become angry, mothers little helper is there to help.



People voted for Obama and Bush, nobody was stopping them from finding out who these men really were, or where they came from, or what they stood for.  Unfortunately tall glasses of high fructose media Kool-Aid quenched the thirst of any who for a brief moment may have wondered about that.
Under ideal conditions of temperature and pressure the organism will grow without limit.

 

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