"The mind is a compact, multiply connected thought mass with internal connections of the most intimate kind. It grows continuously as new thought masses enter it, and this is the means by which it continues to develop."

Bernhard Riemann On Psychology and Metaphysics ca. 1860

Today's Elites


Wednesday, October 17, 2012

Debate Night or Fright Night?

The stench from both parties is so overwhelming that anyone picking sides shows themselves to be either a gullible dupe or a slimy opportunist.

It was if we were being asked: "Dear voter, whose vision of hell is more persuasive? Obama's or Romney's?" The devil I know vs the one I don't? Satan love 'em both...

Bankers to voters: which do you prefer? Electric chair or gas chamber? The choice is yours. Please vote for your favorite party.

In keeping with the choices the American people have this year for President, I propose election day be moved to Halloween. (Mothers please keep your children indoors!)


Witches' Sabbath (The Great He-Goat)    Goya

Saturday, October 13, 2012

The Fable of Christine Largarde and Crocodiles


When the dollar was removed from the gold reserve status (not gold standard) by the advice of Nixon's Arthur Burns in 1971, the metric that Bretton Woods had created for settling the imbalance of trade among nations ended. This created a burgeoning market in frenzied speculation (carry trade) in currencies or arbitrage. The next step toward the nightmare of control over the economy came with the repeal of the law which had reigned in speculators from controlling the whole of banking Glass-Steagall. The lunacy of decoupling currencies from real physical production reached its zenith with the spectacular blowout of derivative securities that the world continues to reel from to this day. These derivatives are in essence no different than what were once known as "bucket shops," which were judiciously outlawed.

The problem is the literally mentally ill belief that wealth is equivalent to money. Unfortunately, the vast majority of humanity is afflicted with just that very belief. If you start from the premise that what is required is an economic policy that establishes an increasing standard of living for citizens of sovereign nations as opposed to a dictatorship of a financial aristocracy then you have taken the first step along the road to sanity.

The sad truth is that the IMF (and World Bank) from its inception has been nothing but an instrument of enforcement of the ukases of speculative financial houses based in the City of London and secondarily New York. So, I fear, that for Ms. Largarde to bemoan austerity brings to mind nothing so much as the tears of a crocodile.

Friday, October 12, 2012

New Opinion Poll: Who Is Uglier?

Given the mass media's apparently insatiable appetite for instant opinion polls these days, yours truly has come up with a doozy that I believe would even out-perplex Buridan's Ass and out-riddle the legendary Sphinx. To wit: in all senses of the word both physical and metaphysical, high and low--Who is more ugly Alan Simpson or Henry Kissinger?

The Stupendously Ugly Simpson Bowles Commission Crawls Out from Under a Rock

Well folks--you knew this was coming. That hideous, reptilian visage of Alan Simpson suddenly is befouling television screens everywhere daily now. (As Goya has so piquantly remarked some people's faces belong behind their trousers.) It is quite telling that he is the anointed darling of our financial and hence media establishment. (I respectfully decline to sully these pages with that personage's image out of respect for the delicate feelings of the fairer sex. Be forewarned.)

This brings to mind the debate between Abba Lerner and Lyndon LaRouche wherein the oh so very liberal Lerner opined that if Germany had carried out the austerity of Hjalmar Schacht then "Hitler would not have been necessary." You see, giving the devil his due, so to speak, is quite clearly the equivalent to insanely attempting to collect on the worthless "gambling debts" of the City of London and Wall Street so quaintly called derivative securities at the expense of killing off the "useless eaters" and igniting WWIII.... Isn't it?


The Ignominious Nobel Peace Prize

Let us pause to quietly reflect a bit dear readers. First those fine connoisseurs of peace in Sweden give their prize to Barack Obama, who forthwith unleashes a rampage of indiscriminate terror against innocent civilians via drone bombings. Now they award their vaunted prize to the European Union which even now is forcing the sick, poor, and elderly to go without medicine in Greece in order to bail out the gambling debts of the City of London.

One would only hope that once and for all these fine gentlemen would show their true colors for all and sundry to behold in the light of day and award the next peace prize posthumously to Adolf  Hitler.

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