Showing posts with label Disaster Capitalism. Show all posts
Showing posts with label Disaster Capitalism. Show all posts

Monday, September 22, 2008

The Semantics of Welfare

For those of you who are a little bit confused now trying to wrap your brains around Bush and the Republican semantic exercise of differentiating between "welfare" and "bailout," here's a few examples to clear it up for you:


From the Independent comes an article about the Republican's version of welfare, i.e. bailout:

"Up to 10,000 staff at the New York office of the bankrupt investment bank Lehman Brothers will share a bonus pool set aside for them that is worth $2.5bn (£1.4bn), Barclays Bank, which is buying the business, confirmed last night." read more


And from the Progressive comes this version of those who are not worthy of the same safety net:

"Things can't get much worse than the House Republicans' welfare plan. In the "Personal Responsibility Act," the new House leaders declare that no one--no matter how desperate--is legally entitled to aid from the Government." read more

And then of course there's that overlying stench that has permeated anything coming from this administration for the last eight years: cronyism:

"What is important to note about the S&L scandal is that it was the largest theft in the history of the world and US tax payers are who was robbed.

The problems occurred in the Savings and Loan industry as they relate to theft because the industry was deregulated under the Reagan/Bush administration and restrictions were eased on the industry so much that abuse and misuse of funds became easy, rampant, and went unchecked." read more

And what do you know? Here's another Bush associated with the recent white collar thievery:

"Lehman Brothers(LEH Quote - Cramer on LEH - Stock Picks) has nabbed George H. Walker, the CEO of Goldman Sachs(GS Quote - Cramer on GS - Stock Picks) Hedge Fund Strategies, to be the global head of its $188 billion Investment Management Division, Lehman Brothers announced today.

Walker has already resigned from Goldman Sachs and could not be reached for comment. A spokesman at Goldman Sachs did not return a call.

Walker, who is President George W. Bush's second cousin, had joined the merger and acquisition group of Goldman Sachs in 1991 and became a partner in 1998. He soon grew to be one of the principal architects of Goldman Sachs' investment management strategy and was
overseeing a $70 billion group of alternative investments, including hedge funds of funds and private equity investments." read more

Get it now? They stole and stole and stole until there was nothing left to steal. So they stole from each other. And now we get to pay for it. Again.


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Saturday, September 20, 2008

Neocon Fascists sucking up some Corporate Welfare

Fascism
"A philosophy or system of government that is marked by stringent social and economic control, a strong, centralized government usually headed by a dictator, and often a policy of belligerent nationalism." (From The American Heritage Dictionary)

Applying these principles to the government bailouts:

NPR's Adam Davidson writes:

"The Treasury Secretary can buy broadly defined assets, on any terms he wants, he can hire anyone he wants to do it and can appoint private sector companies as financial deputies of the US government. And he can write whatever regulation he thinks are needed."

read more

In an excellent diary from Daily Kos we learn who some of the Right-Wing Billionaires/Fascists are who are calling the shots this time around:

"Here are a few of the right-wing billionaires who have profited from gaming the global financial market and U.S. housing market, and are trying to get McCain elected. They are funding Newt Gingrich's "American Solutions for Winning the Future" (ASWF), the hard-right propaganda group behind the "Drill Here, Drill Now" campaign."

read more

If you have any doubts that Neocon=Neofascist, then do read one the early stories that laid it all out:

"WASHINGTON - An influential foreign-policy neo-conservative with long-standing ties to top hawks in the administration of President George W Bush has laid out what he calls ''a checklist of the work the world will demand of this president and his subordinates in a second term.''

The list, which begins with the destruction of Fallujah in Iraq and ends with the development of ''appropriate strategies'' for dealing with threats posed by China, Russia and ''the emergence of a number of aggressively anti-American regimes in Latin America,'' also calls for ''regime change'' in Iran and North Korea."

read more

In the next few days as these unethical and immoral losers begin their final push to get their moronic Bush replacements in the White House, it might be a good idea to do some reading on exactly what Fascism is:

read more

It might even be amusing to make a drinking game out of it every time you hear the following phrases:

*Islamic fascists, as in OTHER countries who want to try shove a theocratic state on its population.

*End Times. Bonus points if the words come out of Sarah Palin's mouth in an effort to get her followers to join her on the mountain to wait for the space ship.

*Free Market, as in free to loot it until nothing remains but an empty husk for the tax payers to bail out. Bonus points for any and all Bush relatives either employed by or running one of the bailed out entities who have ties to the old S&L Bailout.

*Anything praising the concept of Capitalism while carefully dancing around its new BFF, Corporate Welfare.

*Moonies...oh sorry, those ARE Neocon Fascists...but you get bonus points if you can find any Neocon, any Conservative, any Bush League moron who is not associated with the Reverend Moon, his disciples, or his church. read more

*Appeasement. Bonus points if a Neocon Fascist uses that term in relation to why someone who believes that Armageddon is inevitable should still have her finger on the Nuclear trigger. Hello, Sarah Palin? Do you still have your Y2K bunker stocked?

*Liberals, as in anyone who disagrees with them or dares to challenge their appalling lack of facts to back up their half-witted ideology. In ancient times, used to be several racist and ethnic slurs. Now combined into one handy catch-all phrase.




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Tuesday, July 01, 2008

The Manipulated Mind

Today I had one of those mercifully brief conversations via email with a poor fool who claimed to be in the army. He could barely put a sentence together and most of his accusations were on the level of a fifth grader shouting insults to anyone within hearing distance. My first inclination was to dismiss him as too stupid, too uneducated, too enamored of slogans and sound bites to be what he claimed to be. But then I remembered this article by Fred Kaplan I read a few months ago called Dumb and Dumber. Here's an excerpt:

"In order to meet recruitment targets, the Army has even had to scour the bottom of the barrel. There used to be a regulation that no more than 2 percent of all recruits could be "Category IV"—defined as applicants who score in the 10th to 30th percentile on the aptitude tests. In 2004, just 0.6 percent of new soldiers scored so low. In 2005, as the Army had a hard time recruiting, the cap was raised to 4 percent. And in 2007, according to the new data, the Army exceeded even that limit—4.1 percent of new recruits last year were Cat IVs."

I realized then he was probably a charter member of the lowered standards club, and when he began to spout "war on terrah" programmed responses to me I realized he was just another tool of the puppet masters he didn't have a clue were controlling his strings. If he was halfway smart enough (unlikely) to Google the phrases he was lamely trying to type, he'd see how they were spread around to people like him like shit on a cornfield.

One person who did bother to type in some phrases was Dr. Danielle Allen who tracked down the origins of the Obama chain mail that falsely accused him of being a radical Muslim. According to an article in the Washington Post An Attack That Came Out Of The Ether, Dr. Allen reached a virtual dead end until she typed certain syntactic phrases in Google that seemed to repeat in the chain letter and Internet postings:

"Poring over these early articles on the topic, Allen noticed what she thought was an important pattern. In each instance, someone had posted the articles on the Free Republic Web site, prompting a discussion involving the same handful of people, with several expressing a desire to spread the word about Obama's supposed faith."

The Propaganda Machine method used by Fascists, Nazis, and run of the mill petty dictators in Banana Republics, the Pentagon and other tyrannical organizations, do very little of the leg work themselves. They put the word out in someplace where the frenzied do their feeding, and then they let the uneducated and deluded minions, like the "soldier" who quoted slogans to me today, spread their propaganda for them.

But in order to do this effectively, they have to keep the messengers in a state of constant fear. Naomi Klein's book The Shock Doctrine is excellently reviewed by Chris Barsanti's Brave New World.

"Believers in the shock doctrine are convinced that only a great rupture-a flood, a war, a terrorist attack-can generate the kind of vast, clean canvases they crave. It is in these malleable moments, when we are psychologically unmoored and physically uprooted, that these artists of the real plunge in their hands and begin their work of remaking the world." (from The Shock Doctrine)

The article describes how effective tools such as economic distress caused by gas prices, increasing food prices, and the home mortgage meltdown are when used by those who want to control and manipulate the population. When you take away the safety nets, the ability to survive, you are left with terrified and confused human beings who are looking for any way out of their horrible situations, anyone to blame for the sudden and inconceivable reality they are now forced to live. By taking away the familiar, the comfortable, the necessary, such manipulators send these organisms into shock and thereby control them the same way one controls a lab rat with electric shocks.

And it's usually based on greed and financial gain. If enough people who could make a difference choose to ignore disasters such as Katrina, eventually they and their buddies can go in and put up expensive beach front condos where the poor were literally washed away from. They don't even bother to justify it. Just as the Fascists saw themselves as entitled to rule over the masses because of some privileged delusionary mindset, and just as the Nazis and their belief they were the master race allowed them to kill millions of people, these neo-bastards don't consider those who die to make them rich worthy of a moment's thought. They can't be shamed because they have no shame. They can't be made to care because they have no conscience. It's all about the money and the power that comes with it. They laugh at tools like the soldier who spouted the propaganda they wrote for him. They'd kill him as easily as swatting a fly no matter how good a puppet he was for them.

Propaganda and the creation of convenient and stupid political human tools to spread whispering campaigns are as old as the first politicians running for office against each other for a chance to feed at the public trough. As Bill Shunas writes in Fraggin':

"For forty-four years, Cold War propaganda held sway in this country. It had a large role in allowing politicians and corporations to have their way in domestic and foreign affairs — even if their way had nothing to do with the Russian or Chinese menace. For all practical purposes the menace mainly was an excuse for corporate America's efforts to secure markets and raw
materials in other countries and feed at the defense industry trough at home. If the standoff with the Soviet Union hadn't existed, then they would have liked to invent it."

Barsanti's article ends with the following chilling paragraph:

"It would be nice to think that (Milton) Friedman and others like him were and are just the ivory tower deep thinkers of repute, that like Marx and Engels, they don’t deserve criticism for the evil done in their name. It’s hard to believe that, though, once Klein brings up the case of Orlando Letelier. In August 1976, Orlando Letelier (one-time Chilean diplomat, at that point
working for an American progressive think tank) published an essay in The Nation, “The Chicago Boys in Chile”, which included a charge that Friedman personally shared responsibility for Pinochet’s crimes against humanity, that there was “an inner harmony” between the free market and unlimited terror. A month later, as Letelier was driving to work in Washington, D.C., a bomb planted in his car by a member of Pinochet’s secret police exploded, killing Letelier and a colleague. Today there’s a memorial commemorating the location of the assassination, a physical testament to the “inner harmony” that threatens us all. "
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