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As If Nothing Matters

IMG Auteur
Publié le 24 avril 2012
792 mots - Temps de lecture : 1 - 3 minutes
( 23 votes, 4,6/5 ) , 5 commentaires
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The world gave the appearance of doing nothing and going nowhere over the past month - apart from the sensational liaison of Kim Kardashian and Kanye West, which, some believe, augurs a dazzling speed-up of the much prayed-for economic recovery, return to full employment, $2.50 gasoline by summer, and the selection of Jesus Christ as VP running mate by Mitt Romney - but, in fact, so much trouble is roiling under the surface all over the world that it makes you feel seasick on dry land.


It is true that the European financial fiasco is a story of such fantastic mystifying complexity that the public can't possibly be expected to follow each twist of the plotline. But the fact is that nothing was fixed for Greece or after Greece and the hazard of evermore profound wreckage is assured. The only question is how many months before the appearance of normality in financial matters yields to fighting in the streets of supposedly civilized countries.


Spain, it was revealed this week, has turned to a form of finance that could only have been designed by M.C. Escher.



24hGold -  As If Nothing Matte...


The plan for stabilizing Spain's hemorrhaging insolvency position works as follows: Spain's big banks borrow billions from the European Central Bank (ECB); the Spanish banks then turn around and lend the Spanish government the money to fund a bailout operation for the Spanish banks; the Spanish banks then use the bailout money to buy Spanish sovereign bonds, that is, lend money to the government. The world received news of this dangerous idiocy with a yawn. You'd at least expect a few Germans to choke on a bratwurst here and there.


The idea that shenanigans like this can continue must amuse the historians looking on. But three weeks into April so far nothing has penetrated the stupendous wall of illusion that separates money matters from reality like the one-way mirror in the interrogation chamber of a police precinct where every last officer of the law is on the take.


The lesson in the first quarter of 2012 is that when anything goes, nothing matters. Jon Corzine, chief of the fraudster operation MF Global is still at large how many months after his firm pulled an abracadabra disappearing act on $1.2 billion of segregated customer accounts, many belonging to farmers and ranchers engaged in the normal options trade in commodities prices necessary to their business? Nobody has been fired at the Chicago Mercantile exchange or the Commodities Futures Trading Commission for this, either. No newsman has asked President Obama about any of these things, or how come Jon Corzine is still listed by the re-election campaign as a continuing major contributor. The New York Times, for one, is much more focused on major bullshit propaganda operations, such as its recent giant spread on how America will soon be an energy independent oil exporting nation.


No one in the American media is paying attention to the unfolding tragedy of Japan - and by this I refer not only to the unfinished Fukushima saga, but the parallel story of Japan closing down virtually its entire nuclear power industry necessitating gigantic additional imports of oil and gas to generate electric power - all of which points to the likelihood that Japan will become the first advanced industrial nation to bid sayonara to modernity and return to a neo-medieval socio-economic model of daily life.


The Middle West and North Africa still smolder away like giant root fires. Nothing has been settled politically and the prospects are excellent that Islamic maniacs will shortly be in charge of Egypt and Libya, not to mention Syria, or even America's trillion-dollar battleground of Afghanistan where, after ten years of persistent struggle, we can't control either the terrain or the behavior of the people who dwell on it. Meanwhile, half of Sudan's oil production was blown up over the weekend. And King Abdullah of Saudi Arabia is not getting any younger at 88. Saudi spare oil capacity won't matter so much when the kingdom is up in flames.


What I wonder is how long the American public will remain in its Kardashian trance. At this torpid moment no one believes that any theoretical political cohort in this land - tea-partiers, swindled youth, professional lefties (or what's left of them), or the fugitive thinking centrists (wherever they are) - might bestir themselves to bust up a nominating convention or march on one of many debauched institutions in the nation's capital, from the SEC to the wax museum formally known as the Department of Justice. I think differently, though. I think this grim interval of crisis consolidation is drawing to a close and, like the buds swelling on every tree in New England, events will soon burst into astounding efflorescence.


 

 

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While I disagree with Mr. Kunstler's characterization of Christians, and his timing has been off on many occasions, nevertheless I enjoy reading his comments each week. So very few people are even aware of the harsh realities behind our shared illusions, and even fewer are speaking about them. I value anybody's effort to point out the nakedness of all emperors, near and far.

Like a modern-day Jeremiah he will be ignored and ridiculed until it is too late and the armies of Babylon are encamped upon our doorstep. Better to sound the warning voice early. The ability of the modern-day monetary sorcerers to keep the magic going has astounded and confounded many a doomsday prophet. Jeremiah was 40 years prophesying the end of Jerusalem. Noah was 600 yrs building the Ark. The end cometh. Just don't bet on the when.
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Gotta love Kunt-stler.
He notes again and again groups of people secretly planning, conducting and getting away with mass illegality - yet there is no such thing as conspiracies!
(Hint: check the definition of the word, James.)

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You'd think the Predatory lending institutions ~ followed by the Predatory justice system, followed by the Predatory tax system, followed by the Predatory shipping of jobs overseas ~ would have been the events to cause those "tea-partiers, swindled youth, professional lefties (or what's left of them), or the fugitive thinking centrists" to burst into astounding efflorescence. Well James, a truly Predatory Situation is developing, a life-or-death Predatory Situation that may FORCE one-and-all to Stand Their Ground. I'm very apprehensive about the coming "burst into astounding efflorescence."
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Kunstler seems particularly peevish today! It seems the world hasn't fallen apart quite exactly on his timetable. Not even the spring flowers bursting forth can brighten his mood over the failure of the forthcoming disasters taking civilization back to the 19th century. Yes, rest easy JHK, troubles are coming, indeed, but the powers running the financial system and which have purchased the opinion-makers and law-makers can create more debt to still the waters for quite awhile. And that will continue until after the US election for sure. The big boys (and girls) have a win-win set of candidates, so they care not who wins. Both Obama and Romney are fully captured and integrated into their matrix, so all is well, until after the eletion! Rest easy, till and prepare the gardens and enjoy life, maybe even do some canning and stacking.....
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Kunstler returns, a day late and a dollar short -- as the bromide goes.

He begins by saying the world economic situation is so complex "...that the public can't possibly be expected to follow each twist of the plotline." Not to fear because Kunstler has the brain power to slice though such complexity. It is really simple as he always explains it: the toilet bowl of world will be flushed and we are all going done.

He posits Japan: "...all of which points to the likelihood that Japan will become the first advanced industrial nation to bid sayonara to modernity and return to a neo-medieval socio-economic model of daily life."

As for the rest of the civilized world, "...The only question is how many months before the appearance of normality in financial matters yields to fighting in the streets of supposedly civilized countries."

Nothing new here, no solutions, ideas, zilch -- just pick up a hand ax and head for the woods.






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While I disagree with Mr. Kunstler's characterization of Christians, and his timing has been off on many occasions, nevertheless I enjoy reading his comments each week. So very few people are even aware of the harsh realities behind our shared illusions  Lire la suite
TBA9 - 25/04/2012 à 19:21 GMT
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