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Aug. 25th, 2016

duh - zombies



JUGGERNAUT: The Trans-Pacific PUTSCH that just won't die!

Aug. 8th, 2016



The End of the American Dream and Beyond

From social to economics to politics, to climate and earth changes, the end seems near for centuries of progress...

... and for decades of trickle-down, debt-induced delusion.  As we progressed, we sold out, and off-shore. To the banks and mega-corps. Now we daftly agree to disagree, and disagree, and disagree... Meanwhile, leading economic indicators continue to point to one thing: A growing bifurcation between the now-poor middle class, and the corporate elites, who eat our land, and weather, and taxes, and health, and wealth - and play left against right, and so on. And the mega-media likes it this way: Manufacturing consent, and fear, and false flags, and war. Is this what we bargained for?

So - I put together an awkward little compendium of articles relating to the faltering of our drunken journey to OZ, especially as of late - and to come. Pedantic economics, mainly. Let's start with an article from late 2014, when times were simpler, and most people had never heard of Bernie Sanders...

7 facts that show the American dream is dead - and other ominous articles...Collapse )

Note: I have less or worse to say about the Status-Quo Republicans.

Apr. 19th, 2016

cheers - applause



What is Bernie sanders up to lately?

Here's a great LJ community that will give you an education. Check it out!


And it's FREE!


Oct. 13th, 2015

HOUSE - oh snap


Shadow Stats: "We are in a 'NEW RECESSION'"

Greg Hunter of USAWatchdog.com interviews John Williams of ShadowStats.com...

At the beginning of 2015, economist John Williams predicted the U.S. economy would continue to slow down to stall speed, but it is much worse than that. Williams explains, “I’ll contend we’re in a new recession and recognized likely to be timed from December of 2014. . . . The downturn in 2007 wasn’t recognized until the end of 2008. I think by the end of this year, people will recognize the economy turned down in December of 2014. I’ll tell you why I say that. There are a couple of very solid leading indicators . . . of the broad economy. One is industrial production. Industrial production contracted in both the 1st and 2nd quarter of this year. Those are the official numbers out of the Federal Reserve. Estimations for industrial production are for continued contraction. Industrial production used to be the GDP measure. . . . Retail sales contracted in the first quarter, adjusted for inflation. Year over year growth have dropped to levels you only see in a recession. It’s the same thing again with industrial production.”

The Whole Shebang...& VIDEO...

Jan. 27th, 2015




I have made a post which I think is significant and accessible, which may be of interest to you. You can read this and others here: http://madman101.livejournal.com/tag/-posted%20to%20o_c_c_u_p_y .

If you want to know more about the "origami universe" please also see my tags. More may be available if you add me.

I hope you are all have a fairly good, if not thoughtful, new year!

Aug. 24th, 2012

bloody hell


"trigger warning"

There are a number of events which possibly lead to a chaos phase-shift into a full global crash. I think this would be one of them:

(guardian.co.uk, 8/24/12): Angela Merkel rejects Greek pleas for extra two years to repay loans - http://www.guardian.co.uk/business/2012/aug/24/angela-merkel-rejects-greek-pleas-loan-extension

Jun. 22nd, 2012

crazy /goth - insane clobs


A Failure of Centralisation

The Master Narrative Nobody Dares Admit: Centralization Has Failed

(Tyler Durden, http://www.zerohedge.com/ 6/21): The primary "news" narrative may be the failure of the euro, but the master narrative is much, much bigger: centralization has failed. The failure of Europe's "ultimate centralization project" is but a symptom of a global failure of centralization. Though many look at China's command-economy as proof that the model of Elite-controlled centralization is a roaring success, let's check in on China's stability and distribution of prosperity in 2021 before declaring centralization an enduring success. The pressure cooker is already hissing and the flame is being turned up every day. What's the key driver of this master narrative? Technology, specifically, the Internet. Gatekeepers and centralized authority are no match for decentralized knowledge and decision-making. Once a people don't need to rely on a centralized authority to tell them what to do, the centralized authority becomes a costly impediment, a tax on the entire society and economy. In a cost-benefit analysis, centralization once paid significant dividends. Now it is a drag that only inhibits growth and progress. The Eurozone is the ultimate attempt to impose an intrinsically inefficient and unproductive centralized authority on disparate economies, and we are witnessing its spectacular implosion. Centralization acts as a positive feedback, i.e. a self-reinforcing loop that leads to a runaway death spiral.

Jun. 5th, 2012




Joseph E Stiglitz, a Nobel laureate in economics, is professor of economics at Columbia University. His latest book is The Price of Inequality: How Today's Divided Society Endangers our Future. HE IS BEING FEATURED TODAY ON NPR'S "FRESH AIR"!

"Lack of opportunity in the United States means the country's most valuable asset – its people – is not being fully used."...


America likes to think of itself as a land of opportunity, and others view it in much the same light. But, while we can all think of examples of Americans who rose to the top on their own, what really matters are the statistics: to what extent do an individual's life chances depend on the income and education of his or her parents?

Nowadays, these numbers show that the American dream is a myth. There is less equality of opportunity in the United States today than there is in Europe – or, indeed, in any advanced industrial country for which there are data.

This is one of the reasons that America has the highest level of inequality of any of the advanced countries – and its gap with the rest has been widening. In the "recovery" of 2009-2010, the top 1% of US income earners captured 93% of the income growth. Other inequality indicators – like wealth, health, and life expectancy – are as bad or even worse. The clear trend is one of concentration of income and wealth at the top, the hollowing out of the middle, and increasing poverty at the bottom.

It would be one thing if the high incomes of those at the top were the result of greater contributions to society, but the great recession showed otherwise: even bankers who had led the global economy, as well as their own firms, to the brink of ruin, received outsize bonuses.

A closer look at those at the top reveals a disproportionate role for rent-seeking: some have obtained their wealth by exercising monopoly power; others are CEOs who have taken advantage of deficiencies in corporate governance to extract for themselves an excessive share of corporate earnings; and still others have used political connections to benefit from government munificence – either excessively high prices for what the government buys (drugs), or excessively low prices for what the government sells (mineral rights). ...(link above)...

See also(!): EQUALITY TRUST, more: http://truth-out.org/progressive-picks

May. 13th, 2012




NPR's "All Things Considered, (Weekends)" is finally airing an excellent, & concise, story on the Greek debt, and the whole Euro mess - giving time to economists suggesting that the whole austerity approach is based on a fallacious, moralistic view of credit, as opposed to dealing with REALITY. Austerity ultimately leads to countries to being even more indebted than they started out, due to the forced decline of economic activity. It's a very simply, clear report, airing presently, (or via FEED), or it will be available via podcast soon. http://www.npr.org/series/129577422/weekends-on-all-things-considered - If you want a nice intro to the subject, this is it.
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Mar. 14th, 2012



Goldman Exec Quits in NYT Op-Ed


Read his OP-ED in the NYT - http://www.nytimes.com/2012/03/14/opinion/why-i-am-leaving-goldman-sachs.html?hp

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