Tuesday, October 19, 2010

Dream World...

Greetings good citizen,

In another stunning display of WTF! After tacking on 80 points yesterday, the markets dropped more than a hundred on, er, ‘reverse news’.

Yesterday’s gain was attributed to the tidy profit reported by JP Morgan, so when BOA reported an even larger loss today, the numbers took a ‘nosedive’.

What SHOULD BE disturbing here is just how much a bank’s profitability is affecting the entire (world’s) economy. [After BOA ‘announced’ its third quarter results markets around the world crashed in tandem!]

Which is to point out that when (non-productive) banking is your nation’s largest industry, something is definitely ‘fucked up’ and the people in charge got some ‘splainin’ to do…

UNDERSTAND, this is not ‘magic’ nor is it ‘a mystery’ nor is it a major fuck-up…it’s all actually pretty simple (as well as being amazingly stupid—from a tactical point of view.)

Start with the ‘foundation’ of all industry…Mother nature doesn’t have a fucking cash register so all ‘inputs’ are ‘free’. You can make anything, anywhere and ship it around the world TWICE and STILL make a profit on it because it essentially costs you NOTHING!

The ‘trick’ lies in how much the ‘rubes’ are willing to pay for the ‘free to you’ item.

It should be free to them too but hey, if they don’t get it from you, they ain’t getting the sum bitch!

And that, my friends, is ‘fuck you, pay me!’ capitalism in a nutshell.

The ‘middleman’ is superfluous…most of the time.

Alas, there is indeed such a thing as ‘scarcity’, which provides us with money’s one useful purpose, to regulate access to ‘scarce’ items.

Understand good citizen, all that talk about money being a ‘storehouse of value’ is just that…talk!

If we’re EVER to pull our heads from our collective behinds, we must lose these false notions about what money is and what it does!

Whether you realize it or not, money is indeed used as a ‘regulator’. What’s wrong today is the system is sinking under the weight of all of the ‘freeloaders’ (The children’s children’s, children of the original founders.)

If there was ever a reason why no, er, ‘civilization’ has survived longer than 400 years, this is it.

The founder’s kids do it in.

Every time.

It’s not their endless greed that tears things apart (although that is a big part of it) it is the irresistible desire to ‘one-up’ their forebearers that usually spells doom for the established, er, ‘culture’.

Sadly, their ‘role models’ are usually Genghis Khan, Julius Caesar or Napoleon, none of whom were known for ‘peaceful’ conquest.

While tonight’s offering offers a feeble explanation for how citizens are coping with our current malaise, I’d opine that our collective ‘Dream World’ is a lot closer to home than most of you realize.

If you don’t recognize it as a dream it's because it is more like a nightmare that refuses to end.

You can fill person’s head with an incredible amount of nonsense and they are still capable of functioning ‘adequately’ (although they’ll probably never recover full use of their mind…)

Look closely in the mirror good citizen and try not to frighten yourself…

Thanks for letting me inside your head,


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