It is a truism that it is a lot easier to say, with truth, “this is clearly fucked up”, than it is to come up with workable solutions to that same problem.
It is a truism to say that 99% of the bad stuff in any catastrophic event happens in the last 1% of time of that event, long past the point where intervention can avert said event.
It is a truism to say that 99.9% of people are sheeple, preferring to be lead by the nose than to think for themselves.
So let’s take the USA as an example, I could have picked anywhere else in the western world and the details might be different, but the picture would be the same.
The USA guvvmint budget can be divided into three sections;
- Discretionary spending, such as roads, infrastructure, education etc
- Mandatory spending, such as social security.
- Debt servicing, such as paying interest on debts the State owes.
We can draw an analogy here to the average household;
- Discretionary spending, such as high tech, take away, cable telly
- Mandatory spending, such as food and fuel
- Debt servicing, such as paying the mortgage off, or lately paying the interest on your interest only mortgage.
When you get a situation that income drops to below the level of 1 + 2 + 3 then you just have to cut back on #1…. except none of the above did, they just doubled down on more debt and boosted #3
Nota Bene, income does not have to DROP, 1 / 2 / 3 can INCREASE to exceed income, it all ends up the same, less income than expenditure.
When you get a situation that income drops to below the level of 2 + 3, you are what is known as BANKRUPT.
When you have a situation such as we ACTUALLY have now in the western world, where income is insufficient to cover 2 + 3, and yet #1 still hasn’t been cut, AT ALL, then you are what is known as fucking delusional.
So, getting back to the three premises in red at the start.
This is where we are, we are effectively in a financial boat that is holed below the waterline, and the hole is letting in more water than the pumps can pump out, not only this, but we have refused to do anything about the hole below the waterline, or lightening ship, instead we have formed committees to discuss knocking some more holes and calling them “moon pools” or some such shit.
Premise one states that it takes a lot less brains to see that we are fucked, than it does to come up with solutions.
Premise two states that when it all starts to go horribly wrong it will do so in an exponential rush, and by definition this happens long past the point where things can be fixed.
Premise three states that nobody is going to take any steps to address their own personal situation, much less at a community level.
ENTER ME, STAGE LEFT,
THE SECRET ALIEN LIZARD
BILDEBERG WORLD LEADER.
Well, premise zero states that this is just fucking human nature, ever was it thus, why, back when I was running things in Mesopotamia in 5,000 BC via my puppet leader Sargon, people were just the fucking same.
Fast forward to 2012 AD and what do we have? Two choices.
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1/
Implement DRASTIC and BRUTAL cuts to discretionary expenditure, make VAST changes to mandatory expenditure, and sit down with those owe a debt and lay it all out, either a 75% haircut on the debt or a moratorium on ALL further interest payments until the capital owing is CLEARED IN FULL.
This means cutting out COMPLETELY all spending on the military, all spending on education, all spending on social services, all spending on local government.
Those of you in the military take home what hardware you can carry, you are now the militia which will defend the state.
Those of you in education now work directly for the parents, if you can convince them to employ you.
Those of you in local government the same.
Mandatory spending like social security and health cut to the bone, basic state dole of US$100 per person per week, which sole purpose is you do not have to steal to live and so be a burden on society…. medicare employs only frontline professionals, doctors and nurses, NO FUCKER ELSE.
Then you address the debt, either we (USA) cut debt to 25% of what it is and freeze the interest rate until it is paid off, or we pay off the capital only, and once it is paid down to zero, no more rights, EVER, to borrow any more fucking money.
2/
Start a war.
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Option 2 beats option 1 because option 1 means going against those three red premises at the top, and you know, being personally as unpopular as a paedophile in a kindergarten.
Option 2 means you can claim some OTHER fucker is the paedo in the nursery, THEY started it.
Prace bets now…. Banzai
mass immigration and outsourcing are a form of debt management. And its politically incorrect to be against either one of those things.
Comment by Bob — November 16, 2012 @ 5:35 pm
Immigration adds costs to #2 without adding to 1 or taking away from #3 . Outsourcing takes away money from #1 and #2 and doesnt reduce #3.
Not solutions.
Comment by John VI — November 16, 2012 @ 7:54 pm
Exactly, we are at truism #2, beyond the point of no return, but before it goes to hell very very quickly indeed…
Comment by wimminz — November 16, 2012 @ 8:00 pm
What odds will you give me on #2 I have about 500 ounces of silver I’d be willing to bet it is ultimately war over austerity.
Also, just a thought. The reason we got Obama was so that the war in the Mideast will have a running head start before the rest of the world gets dragged into it. he’ll sympathize with the Muslims until his masters tug his collar or remove his head (whichever is most convenient) at which point the US is going to side with “Israel”. After that who know how much blood is going to flow to make the Georgia Guidestones a reality….
Comment by I Art Laughing — November 18, 2012 @ 10:22 am
That’s a bet I won’t take… I think it will go to #2 as well.
Comment by wimminz — November 18, 2012 @ 3:12 pm
You forgot the prime cardinal rule of the supremely crazed alien-lizard-world-leader parasite.
Always control BOTH SIDES OF THE PROBLEM that YOU CREATED in the first place.
Or rather manipulated the sheeple into happily creating it themselves.
Here it means to make 3 impossible to get rid off.
By creating the very monies to supposedly pay of debt in such a way that it is actually impossible to do such (see “money as debt” http://youtu.be/e6LWqgohO4E ).
Or simply put, as a ponzi-scheme.
The real and ONLY reason for the ever-present cry for “growth” politicians and economic “experts” constantly intone.
Ponzi-scheme? Don´t be ridiculous! How? Easy dear lurker(too lazy to watch above vid):
Money(the principal) is created out of debt, but the INTEREST on this debt IS NEVER created therefore must come out of the monies of somebody else’s DEBT(principal).
^ definition of a pyramid scheme.
Comment by hans — November 17, 2012 @ 10:53 am
I watched the video. It reveals and discusses a lot of truths, but I am not sure I agree with all the solutions it offers. It claims that the government should be in contol of the money creation (which is mandated by the Constitution in the case of the US—only Congress has the authority to coin money and money must be of silver and gold, a fact the video does not mention) and that in a sustainable situation the government can spur growth by spending its printed money on infrastructure work, interest free. I have a problem with government spurring growth. Government work is like hiring ten to dig a ditch during the day and five to fill it up at night (very wasteful use of scarce resources). Why not give interest-free loans to, say, private businesses? Who would control a dot com type bubble, so that it does not devour all the scarce resources? (Or a real estate bubble for that matter.) What would prevent such a utopian society from misallocating money (which would faithfully repesent resource availability) to fads like dot com and real estate, not to forget student loans? I think the US Constitution very wisely authorizes only Congress to create new money, which should be backed by gold and silver. In properly functioning society, every individual would have a voice through their elected Representatives, so whether new money should be coined and how much would be decided not by a secretive elite, but by all the people (skank ho’s included, which would be a flaw). But in order for this to happen, the individual must be involved.
Nothing can save a society from collective madness of its members. Today’s banking systems feed into the get-something-for-nothing vicious mentality of most people, just like the cheese on the trap attacts the mouse, which happily steps into its sudden demise.
Some interesting books:
“The collapse of Complex Societies” by Joseph Tainter, ISBN 978-0521386739. Joseph Tainter was an archæologist who studied the collpase of some great civilizations.
“The Crowd: Study of the Popular Mind” by Gustav Le Bon, ISBN 978-1475035025 (latest paperback edition). Le Bon wrote this book some time in the 1800s, but the concepts presented there are applicable today.
“Extraordinary Popular Delusions and the Madness of the Crowds” by Charles MacKay, ISBN 978-1604594416. Amusing description of mass manias and bubbles popping through the centuries. The fractional reserve system made most, if not all of, those manias possible.
If you look online, you may be able to find the last two books bound as one.
Comment by Tim — November 17, 2012 @ 5:32 pm
“I think the US Constitution very wisely authorizes only Congress to create new money,”
And pray when was the last time your Congress did such a ludicrous(if you ask any bankster) thing?
These solutions are all nice and dandy but worth a flying fuck, when there isn´t even the smidgen of awareness about the underlying problem.
WORLDWIDE the monies dependent on the London central banksters(where the Fed.Reserve bosses actually reside) are designed to enslave the people.
AFAIK the only currencies not dependent on London are of Iran, Venezuela, North Korea (Libya, Irak).
Notice a trend?
Not a single political party I know of has made people aware of this supremely important fact (the money ponzi-scheme).
AFAIK not even the “lord and savior” Ron Paul.
You wanna know who´s actually trying to rattle the invisible cage? There´s your big fucking clue.
Comment by hans — November 18, 2012 @ 3:24 pm
In the mean time .. watch your back: http://imgur.com/m3iUz
Comment by hans — November 18, 2012 @ 3:34 pm
“The End of the Road” was decent, so was http://www.youtube.com/watch?v=tGk5ioEXlIM and http://www.youtube.com/watch?v=HhFRGDyX48c.
Comment by I Art Laughing — November 18, 2012 @ 10:24 am
In the US, the situation is a bit more nuanced. It is only the federal government which has direct access to money created out of thin air; the state and local governments do not. The local governments feed off the state ones and the federal government, and the state governments off the federal government. And they all feed off the average Joe, in the form of taxes, fees, tickets, and even jail time (there are private jail companies in the US, such as CCA and GEC, which put inmates to work for less that sweatshops in Bangladesh pay and then sell the trinkets at US market prices; look it up).
The military cuts you suggest should also include drastic cuts in the defense industry (I am talking from a US perspective). Those defense contractors masquarade as businesses while in reality all their income comes from the government. In order to get those federal contracts, they must abide by quota laws; ergo, they are teeming with unproductive and otherwise unemployable “independent” skank ho’s “climbing up the corporate ladder.” (To be fair, defense contractors are not devoid of unproductive men either, but the percentage of unproductive men there is no higher than in any big company.) When TSHTF, cunt will become real cheap indeed, just like I am told in Greece.
Comment by Tim — November 17, 2012 @ 5:55 pm
No mention of the wars? The wars are discretionary spending. If the USA would give up on trying to run the entire fucking world and strip back its military to the point where it could reasonably defend the USA itself, you would have more money than you would know what to do with.
Comment by Paul Murray — November 19, 2012 @ 1:21 am