Posts Tagged ‘Dowd’

Devils In The Details

October 20, 2013

I am often highly critical of the New York Times. However, if nothing else, it provides useful services by pointing out gory details that make plutocracy come to life. 

Krugman, as I have made plenty clear, is a half way house. Half pro-plutocratic, half progressive. He has to: if he was full progressive, the New York Times would shut him down, and the commoners, even many of a self declared “progressive” kind, would view him as a lunatic, and rage against him. One thing Krugman does not do is CO2. He should. That would broaden his economics to a very useful area, directly impacted by the plutocratic mania:

Masochism? Australians Want To Burn Australia?

Masochism? Australians Want To Burn Australia?

If Australians want to burn Australia, they are succeeding (see below).

Commoners, including many posing now as “democrats”, were all for invading Iraq and having Iraqi oil pay for it (that was such a violation of the Fourth Geneva Convention that even G. W. Bush may have known about it! FOX News hoped in vain).

A recent example? Maureen Dowd courageously came out with an editorial, “Cat On A Hot Stove”, scathing for “Sir Lecturesalot”, as she calls Obama.

Commoners posing as left-wing wrote enraged comments, accusing her of “hatred for the black man” (the NYT removed these comments later).

Maureen’s crime? She quoted  Valerie Jarrett, Obama’s close adviser and wealthy Chicago friend, who told David Remnick in “The Bridge”, of Obama’s “uncanny” abilities. “Obama needs to be properly engaged, or he disengages. He’s been bored to death his whole life,  Jarrett said. He’s just too talented to do what ordinary people do.

Maybe Obama should have tried something real hard, then, like fundamental thinking…

Another of Maureen’s crimes? Quoting “Senator Dianne Feinstein who “urged presidential leadership”, noting that Obama “stepped back” partly because he felt “burned” by all the scabrous budget fights.”

More Maureen: “When the president says “we’ve all got a lot of work to do,” he means Harry Reid and Nancy Pelosi. Obamacare should really be called Pelosicare, as the historian Niall Ferguson noted… Obama thinks he can come down from above, de haut en bas, and play the great reconciler, but you can’t reconcile in absentia. You have to be there. You’ve got to be all over these people.

The paradox of Obama is that he believes in his own magical powers, but then he doesn’t turn up to use them. There’s nothing wrong with a president breaking a sweat somewhere beyond the basketball court.”

Ouch.

Krugman on the all too ignored plutocrat, Erskine Bowles, in Liquidity Preference, Loanable Funds, and Erskine Bowles:

“Here’s Erskine Bowles in March 2011:

‘[T]his is a problem we’re going to have to face up to. It may be two years, you know, maybe a little less, maybe a little more. But if our bankers over there in Asia begin to believe that we’re not going to be solid on our debt, that we’re not going to be able to meet our obligations, just stop and think for a minute what happens if they just stop buying our debt.’

Strange to say, however, neither Bowles nor anyone else of similar views has, as far as I can tell, actually done what he urged: “stop and think for a minute what happens if they just stop buying our debt.”… So the conventional wisdom about how we have to fear a Chinese bond-buying strike just doesn’t make sense — and in fact it falls down in exactly the same way as fallacious arguments about the harm done by fiscal deficits in a depressed economy…

You may find it hard to believe that so many important and influential people could be dead wrong about the basic economics of our situation. But as far as I can tell, this is simply something “everyone knows”, and none of them have ever thought it through.”

My comment:

Our bankers over there”? Our bankers? Eskrine Bowles incarnates and defines modern plutocracy. His evil influence (evil influence; that’s what “Pluto” means) extended from Clinton (the hyper wealthy Bowles was his chief of staff) to Obama. 

Bowles set-up the Obama plutocratic team, and told Obama to “leave your friends behind, they only cause problems”. Thus Obama thereafter got only advice, and even company, only from plutocrats, plutophiles, and their sycophants. 

Bowles does not make errors as far as his pocket book and the power of his influence is concerned. The error is plutocracy, and having individuals such as Bowles in charge of decisive thinking.

Krugman in the Worst Ex-Central Banker In The World: “Greenspan believes that he bears no responsibility for all the bad things that happened on his watch — and that the solution to financial crises is, you guessed it, less government…

The thing is, Greenspan isn’t just being a bad economist here, he’s being a bad person, refusing to accept responsibility for his errors in and out of office. And he’s still out there, doing his best to make the world a worse place.”

My comment:

Greenspan, central bankster. Still in office, propagandizing. Insisting deliberate crimes were, and still are, virtues. The way that central bankster earns his keep.

Greenspan makes Jean-Claude Trichet (the ex-head of the European Central Bank) look like Saint Francis of Assisis plus Einstein combined. Trichet now rails against excessive taxation for the little guys, inequality, tax cheats, plutocracy.

In other news, there are huge fires in Australia. They are caused by heat never experienced before. Is Australia hoisted by its own petard? Of the developed countries, Australia pollutes the most in CO2 per capita.

Climate scientist Andy Pitman from the University of New South Wales in Sydney said the problem has not been caused by “bad fire weather”. Instead, it was the result of a very warm winter – the second warmest on record in NSW during Australia’s warmest 12 months ever.

That’s obviously caused, in turn, by CO2 greenhouse heating Australia is doing so much for. Did I mention Australia’s giant coal export, forcasted with glee to augment 8% a year, each year, for the next five years? (That’s a distinct contribution from the 20 tons of CO2 or so.)

“Vegetation that would commonly basically shut down in winter continued to transpire,” says Pitman. By continuing to give off water, the vegetation dried out the soil so that in spring, the plants had little access to water and became dry. That primed the landscape for fire: “Really hot days combined with strong winds plus ignition equals a major problem.”

Details, details, details… and before you know it, the devils are roasting the landscape.

The hotest item in the Australian elections of 2013 was the carbon tax. Enough Australians voted against it (basically) to change to a right wing government that railed against efforts to curb CO2 emissions. Now Australia feels the heat. Abusing people is one thing, abusing physics, another.

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Patrice Ayme

MEDIATING PLUTO

September 25, 2013

New York Times: Plutocrats Are “Common Sense”!

Plutocracy is much more than simply the rule of wealth. More generally, plutocracy is the rule of the neuro-emotional complex symbolized by Pluto, the Indo-Euro-Arabian god of the underworld, known under many names  through the ages: Angra Mainyu, Mara, Hades, Diabolos, Satan…

Not a positive for commoners, one would guess. So how come Plutos rule all over? Well, Plutos’ popularity is the fruit of massive Big Lie campaigns (steady campaigns of little lies piling up, also help). The cult of Warren Buffet in the USA is striking: arguably Buffet ought to be in jail, for profiteering from massive inequality he helps procreate, but, instead, Buffet, a grandfather figure, is in most Americans’ hearts.

As shown below, Maureen Dowd, star editorialist at the New York Times, claims that Pluto/Buffet, is the epitome of wisdom. This sort of wisdom, buy low, sell high, whatever it takes, is why the USA killed Allende (1973), attacked Afghanistan (officially, but secretly, as early as 1979, on the order of another grandfather figure, Jimmy Carter), invaded Iraq, etc. And why, increasingly, most people are on their knees, adulating plutocrats, their ways, notions, solutions, and forsaken world.

Hitler: Enslaved To Pluto

Hitler: Enslaved To Pluto

According to Maureen Dowd the “inspiring, compassionate and patriotic common sense” of plutocrats fully opposes the “Republicans”. Yet, of course, all what “the Republicans” do is to serve their masters, the plutocrats, and especially Buffet!

Is Dowd mad, or is she a complete idiot, or is she paid vast amounts of money, and has no other values, whatsoever, or is she using Hitler’s Big Lie technique, or is it all of the preceding?

When Ketchum, W. Bush’s Public Relation firm, sent the New York Times an editorial full of Putin’s Big Lies and absurdities, the NYT published it. Without warning the readership that it was wacko. Putin is one of the world’s most prominent Plutos. It ought to be unlawful to publish demonstrably Big Lies (and the New York Att. General agreed today with this new notion).

The NYT is the “Newspaper of record”, it sounds informative, fair, balanced and critical. Yet, the New York Times never makes a serious critique of plutocratic power. Whereas it celebrates plutocrats every day. And how. OK, OK, plutocracy is New York’s business model…

An example? NYT’s Maureen Dowd’s America’s Billionaire, 22 September 2013. Maureen exults:

“The victory for common sense last week was not in Congress, but at Georgetown University. Speaking to an excited crowd of students and others Thursday night beneath soaring stained-glass windows, the 83-year-old Warren Buffett offered inspiring lessons in patriotism and compassion — traits sorely missing here as Republicans ran headlong toward a global economic cataclysm and gutted the food stamp program.

“I am sorry I’m late,” Nancy Pelosi murmured sardonically, as she arrived at the Buffett event. “We were busy taking food out of the mouths of babies.”

Questioned by Brian Moynihan, the C.E.O. of Bank of America, and later students, Buffett seemed happy to be back in one of his hometowns, where, as the son of an investor from Omaha who became a congressman, he had once worked…”

Milking politics for money is hereditary among the Buffets: Buffet’s dad went to Congress, Congress comes to his son. Buffet made a fortune (dozens of billions) from his political connections, starting way earlier than Nixon.

In the USA the biggest plutocrats preach at the ruinously expensive private, state sponsored, universities. For those who don’t know, Warren Buffet is a 50 billion dollar worth billionaire. Buffet is the object of a cult in the USA. Buffet is closely associated with more than a hundred equally soaring billionaires, including Bill Gates. In the USA, plutocrats form packs.

For those who admire education in the USA, let them me informed that the “cost of attendance” at Georgetown in 2013-2014 is $62,570 (that is at least 20% above the pre-tax median family income in the country). Buffet’s audience is onto the plot of mixing riches, politics, and gouging:

Buffet is the grizzled spider of plutocracy central, trillions of dollars of private wealth, steering the world as it wishes, with the USA’s top politicians “busy taking food out of the mouths of babies,” just to fit in.

Dowd writes:“five years ago, Buffett said at Georgetown, he and Gates began plotting about philanthropy and now they have enrolled 115 plutocrats pledging a majority of their net worth. “I’ve been dialing for dollars…

Plotting plutocrats: Maureen is in love.

People such as Gates and Buffet are celebrated “philanthropists”. Not only do they steal us, but we have to say that’s because they love man.

Christ said it was easier for a camel to go through the eye of a needle that for rich men to get to paradise. Gates and Buffet, and all plutocrats of the USA are thus all miracles come alive, we better kneel when those saints are on TV.

The hyper wealthy don’t pay tax, by trickery.

Worldwide, every year, tax evasion by the hyper rich is evaluated to be between 20 and 30 trillion dollars, about half of world GDP. In other words, all the debt problems and problems about paying for the welfare states don’t really exist: they are just the cost of tax evasion by the hyper wealthy.

But there is still a higher category than the mere wealthy: the plutocrats, also known as philanthropists.

Indeed: philanthropists do not pay taxes, legally. When Gates goes to Kenya, as a “philanthropist”, with private security, in a huge private jet (of a company he owns), and stays at the best hotel in Kenya with his hangers-on, and various prostitutes, it’s all… paid by taxpayers. All that luxury and power is viewed as “non profit”. Cute. Then Gates gets to steer the politics of Kenya in the matter of research and makes Kenya buys from private companies in which Gates and his friends are invested. Even cuter. Gates of hell?

Indeed, Warren Buffet and Bill Gates have been pushing around onto the world the Genetically Modified Organisms of Monsanto (another name for the Gates Foundation, considering the exchanges of personnel and contracts between both).

The connection with politics, in the USA or worldwide, is how Gates and Buffet more than doubled their wealth in times when vulgar Americans’ worth slipped, big time.

“Philanthropy” has become another name for legalized plutocracy. Big plutocrats are “philanthropists”, by tax evading definition.

Dowd relates Buffet’s ‘enormous’ admiration for those who brought the 2007 crash. Says Buffet:

“I give enormous credit to Ben Bernanke and Hank Paulson and Tim Geithner and frankly, even though I didn’t vote for him, President Bush.”

W.’s “great insight,” one worthy of Adam Smith, Buffet said, was expressed in 10 words in September 2008: “He went out there from the White House and he said, ‘If money doesn’t loosen up this sucker could go down.’ ”

What “sucker”? The Republic? The plutocracy? Is there a difference for Bush or Buffet, or Gates, or Pelosi, or Geithner (and his master Summers and their student, Obama)? Who is “sucking” what? Was the plutocracy “sucking” the Republic, in danger of coming down?

So money was “loosened up”? Which money? The money of the stingy Public. In exchange for what? Here is an explicit example of Buffet’s genius.

Buffet “bought” Goldman Sacks at the lowest price (for $5 billion), days after Lehman, a 158 year old bank failed, and was not rescued. How did Buffet know for sure that  the same treatment was not going to be extended to Goldman? How did Buffet know, for sure, that Goldman, like Lehman, was not going down to zero? Because Hank Paulson used to be CEO of Golman? Or was there more?

Had I been president instead of Bush, I would have waited until Goldman’s price was roughly zero (that would have been a matter of minutes, if the word had come out that no government money was coming), and then nationalized it (by having the government buy all the shares). Buffet would have been wiped out.

But Buffet had no such worries: he knew full well from his friends (the ones above) that they would loosen up $60 billion of PUBLIC money to make that Goldman Sacks sucker float.

USA 2013: Hate Starving Babies, Laud Plutocrats

USA 2013: Hate Starving Babies, Laud Plutocrats

That 60 billion dollar public flush, of course made Buffet very much richer: his shares became more valuable, several times over. Who paid for making Buffet richer? The Public, with its 60 billions, in exchange of which the Public got nothing, except listening to Buffet’s ‘common sense’, and seeing the Main Stream Media and the top politicians, sing the praises of this mafia boss, to high heavens.

So, instead of investing in new science and technology, health care or high speed rail, the Public invested in Buffet and his close associate billionaires (who also invested in Goldman, as they were on heist too).

Sad is a country where “money changers” are viewed as the guiding lights. Nancy Pelosi, head of the democratic party in Congress, laughs that we are “busy taking food out of the mouths of babies.”

And what if it were true? Pelosi, although worth only 1% of Buffet, is immensely rich herself, owning vineyards, ski resorts, etc. A typical top politician of the USA.

What proofs of corruption do we need? How did Pelosi make all this money? She did “fund raising” half of her life, from Marin County, and then ran for office (from said county, I run there often). Just as with Buffet, Pelosi’s father was a professional politician; her own daughter has been launched that way.

FOUNDATIONS are fundamental to the implementation of the politico-plutocratic complex. Foundations allow to implement philanthropy, that is, plutocracy.

How does it work? A Foundation Law was passed the same day as the Income Tax Law nearly a century ago. Foundations don’t have to pay tax, they just have to distribute an amount of capital vastly inferior to what would be taken from them in taxes if they were for profit. So they can grow.

They can pay their personnel heftily, so family members can live rich and happy, on the Foundation’s money, without being hindered by things as base as inheritance tax. Monsanto can also hide behind Gates’s Foundation and tweak research away from what bothers it, at will. Worldwide.

Buffet and Gates, together, control more than $100 billion dollars. With the Gates Foundation, they control nearly $200 billions. Moreover they perniciously leverage this enormous muscle by harnessing public money. Indeed they are the ones who decide how public money is spent. Watch Obama pose as the Gates’ pets in matter of education (the lad wants money when he gets out).

In the USA, the Gates Foundation focuses heavily on “reforming” education. The Gates pose with the (naïve) president as reformers. The net result is a huge discrediting our public schools, and a significant possibility of future “privatization” (another word for plutocratization).

“We’ve got something that works and we don’t want to mess that up… I buy at silly prices… acting foolishly has proven very profitable over the preceding few years … we must figure out how to “share the bounty” said Buffet to his Georgetown audience. Yes, “silliness”, foolishness worked for him, and for his political and plutocratic friends, and their hangers-on.

Yes, here we have 117 plutocrats united to make plutocracy into the tax free foundation for a new world order. They are too idiotic to know that the definition of the old aristocracy, in the Middle-Ages, was precisely that of philanthropists who paid no taxes. (And, very precisely, the French revolution was about making aristocrats, the 2%, pay tax!)

The buy and sell cockroaches, anti-intellectuals such as Gates and Buffet, lead the world into buying and selling itself into oblivion. Because you know what? Being led by cockroaches does not a civilization save. Instead it falls into the Black Hole of the lowest values.

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Patrice Ayme

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[Artwork: Thx JM Garland.]