Practically, it would seem to consist of identifying and replacing insolvent institutions with new institutions capable of performing their functions. I have the sense that Paulson and the current crew in charge of the US economy do not want to find out how bad bad is. If they did, it might be too obvious that many of their cohort are doomed. I fear that the policies, if they can be called policies, that are currently being followed are tantamount to having the lifeboats of the Titanic tie on to the Titanic in an effort to keep it afloat.
As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
I have the sense that Paulson and the current crew in charge of the US economy do not want to find out how bad bad is. If they did, it might be too obvious that many of their cohort are doomed. I fear that the policies, if they can be called policies, that are currently being followed are tantamount to having the lifeboats of the Titanic tie on to the Titanic in an effort to keep it afloat.
slight correction, they don't want the public to know how deep the rot has set in.
at the same time as threatening social breakdown and martial law as blackmail!
that's what paulson's shit-scared of, and i can see why.
excellent twist on the titanic metaphor, btw. ~"When an inner situation is not made conscious, it appears outside as fate." Karl Jung~
between ARGeezer:
We still have to figure out if we can save both the troubled portion of the existing financial sector and "the rest of the economy" in any given country or zone. If we cannot, is there any chance of figuring that out in time to save either? And what would be required politically for a government to decide to save the "rest of the" economy?
and this earlier quote i posted from stan goff
melo:
This extractive praxis inherently destroys biotic systems -- whether it be the body of a cow, or an entire ecosystem -- because no biotic system can survive being stripped for specific "high value" parts. Ecosystems, like animals, function as a whole. The rates of return demanded by finance capitalism are inherently incompatible with the rate of solar return expressed by natural growth patterns in biotic systems.
A rapper can say things about his 'opponent' that, said directly, would result in gunplay.
There is a whole list of Chinese movies that were critical of the Mao and Post-Mao period - at the time - that were political allegories, if you understood the symbolism. The scripts for these movies were so successfully obfuscated that they passed the censors. You can't be me, I'm taken
That which can not be said, can be said if it is space movies with apes and robots. A vote for PES is a vote for EPP! A vote for EPP is a vote for PES! Support the coalition, vote EPP-PES in 2009!
