USA on the Edge of Chaos!?


I always thought I had a good idea what Tainter and (to some extent) Beck were alluding to when referring to “elites”, essentially, bringing the house down rather than give up what they have grown so accustomed to viewing as theirs to do with what they liked. But this piece is mind-blowing and so blatant SOMEONE needs to call a halt to it all now or the dollar won’t last until 2015 and I dread to think of the implications for US citizens….WikiLeaks exposing some truths should be the least of their worries.

Noam Chomsky has recently talked of the “profound hatred for democracy on the part of our Political leadership” and, more controversially drew comparisons with late Weimar Germany

Government Says No to Helping States and Main Street, While Continuing to Throw Trillions at the Giant Banks

If you can spare an hour (or so) please listen to what Prof Ferguson has to say. Initially I was on really interested to hear what he said about the relationship between Empires – Complexity Theory – Economics but I was unable to drag myself away. BUT do yourself a favour, skip the intro (it’s torture), click to “Watch Full Program” and, at least, spare 8mins to absorb Chapter 4. Unless you are pressed for time…or already know everything…you WILL … Read More

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Noam Chomsky: WikiLeaks Cables Reveal "Profound Hatred for Democracy on the Part of Our Political Leadership"


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Noam Chomsky , like another of my modern day hero’s, Nassim Taleb, tells it how it is and delivers this superb quote on the current WikiLeaks revelations:

“…one of the major reasons for government secrecy is to protect the government from its own population”

The transcript of the full interview and videos can be found here

However, whilst I interpreted that the above quote specifically related to revelations about US “Diplomacy” it could be that he also intended it to refer to US Fiscal policy. Judge for yourself. Here are his words on that subject:

 

What people are thinking is extremely interesting. I mean, overwhelmingly polls reveal that people are extremely bitter, angry, hostile, opposed to everything.

The primary cause undoubtedly is the economic disaster. It’s not just the financial catastrophe, it’s an economic disaster. I mean, in the manufacturing industry, for example, unemployment levels are at the level of the Great Depression. And unlike the Great Depression, those jobs are not coming back. U.S. owners and managers have long ago made the decision that they can make more profit with complicated financial deals than by production. So finance – this goes back to the 1970s, mainly Reagan escalated it, and onward- Clinton, too. The economy has been financialized.

Financial institutions have grown…

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Warren Buffett’s worried.


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How do we know? Because he’s been reading a cult book on monetary disintegration from the seventies – and telling everyone else to read it too. The book went straight to number one in the business books chart the minute it was re-released.

It’s called ‘When Money Dies.’  It was written by a Brit, Adam Fergusson (former Conservative MEP and adviser to Geoffrey Howe) and is about the economic crisis and money-printing in 1920s Germany. During the seventies people feared money printing as a way of tackling the economic crisis, and were horribly fascinated by what had happened in Weimar Germany – coincidentally a regime that Noam Chomsky recently referred to (see link below).

Today it’s the same story and that’s why the book’s top of the pops again. Read more of this post

Noam Chomsky compares US public sentiment to late Weimar Germany


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Is Society approaching it’s point of “critical complexity”? Do the leaders of our (global) institutions realise the extent of the revulsion and anger people feel toward them? Have they got what it takes, to forego some of their power and privilege that they wield, to improve things for society? Or will they fail to learn the lessons from the history which saw financial and civil exploitation accelerate the societal complexity resulting in the collapse of the Roman empire??? [Refer: Dr Joseph TainterThe Collapse of Complex Societies]

At least one man, labelled “America’s Greatest Intellectual”, believes that the signs in US are not good. Noam Chomsky has never seen anything like this…

He curtly dismisses our two-party system as a mirage orchestrated by the corporate state, excoriates the liberal intelligentsia for being fops and courtiers and describes the drivel of the commercial media as a form of “brainwashing.” And as the US’s most prescient critic of unregulated capitalism, globalization and the poison of empire, he enters his 81st year warning us that we have little time left to save our anaemic democracy.

Chomsky has, more than any other American intellectual, charted the downward spiral of the American political and economic system

There are two sets of principles. They are the principles of power and privilege and the principles of truth and justice. If you pursue truth and justice it will always mean a diminution of power and privilege. If you pursue power and privilege it will always be at the expense of truth and justice. Benda says that the credo of any true intellectual has to be, as Christ said, ‘my kingdom is not of this world.’ Chomsky exposes the pretences of those who claim to be the bearers of truth and justice.

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