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Tag Archives: status quo
When Collapse Is Cheaper and More Effective Than Reform
When Collapse Is Cheaper and More Effective Than Reform Collapse begins when real reform becomes impossible. We all know why reforms fail: everyone whose share of the power and money is being crimped by reforms fights back with everything they’ve got. Reforms that can’t be stopped by the outright purchase of politicos are watered down […]
The Fed Desperately Tries to Maintain the Status Quo
The Fed Desperately Tries to Maintain the Status Quo During the press conferences of recent FOMC meetings, millions of well-educated investment professionals have been sitting in front of their screens, chewing their fingernails, listening as if spellbound to what Janet Yellen has to tell them. Will she finally raise the federal funds rate that has […]
The ‘Anti-Knowledge’ of the Elites
The ‘Anti-Knowledge’ of the Elites Exclusive: It’s fairly easy to spot the “anti-knowledge” spouted by the Tea Party and the Religious Right’s favorite candidates, but a more subtle form of reality-deprived “group think” pervades America’s elites though it is rarely noted in the polite circles of the mainstream media, writes Mike Lofgren. In a previous piece, I […]
Untangling America from the American Empire
Untangling America from the American Empire Those calling for an end of the Empire don’t seem to realize that the federal state’s vast entitlement programs are ultimately funded by the Empire. The Status Quo would have us believe that America and its Empire are one entity. This is handy for those with Imperial designs but […]
Don’t Think the Status Quo Will Save You
Don’t Think the Status Quo Will Save You Here’s a chart that shows how the Status Quo “fixes” every problem: it transfers more debt and more losses to the taxpayers. Many hold a touchingly naive faith that the Status Quo will save them even as the current system unravels. Why is this faith naive? Let’s start […]
The Real Trouble Begins When Rising Inequality Splinters the Elites
The Real Trouble Begins When Rising Inequality Splinters the Elites If others in our class are still rising while we’re stagnating, we sense a great disturbance in the financial and political Force. Rising economic inequality tends to generate political instability for all the obvious reasons: the rich get richer, the poor get poorer, the rich say let […]
The Stooge and the Statesman
The Stooge and the Statesman If your bubble has burst, you can hardly listen to him through to the end. And if you somehow succeed you will develop an increased awareness of his deception. And of your own disgust. Over 4,700 words that perfectly fit the narrative that the mainstream media daily foist off on […]
How Modern Life Destroys Survival Instinct
How Modern Life Destroys Survival Instinct Our world today would seem magical to our ancestors. Our needs are met almost immediately, we have clean water at the turn of a knob, heat at the push of a button, and light with the flip of a switch. Food is purchased in a box, ready to heat, […]
You Can’t Separate Empire, the State, Financialization and Crony Capitalism: It’s One Indivisible System
You Can’t Separate Empire, the State, Financialization and Crony Capitalism: It’s One Indivisible System The great irony is what’s unsustainable melts into thin air no matter how many people want it to keep going. Disagreement is part of discourse, and pursuing differing views of the best way forward is the heart of democracy. Disagreement is abundant, […]
Regime Change is Coming – Saudi Prince Calls for Coup to Remove King
Regime Change is Coming – Saudi Prince Calls for Coup to Remove King You know things are bad in Saudi Arabia when one of its princes, and son of the state’s founder, is openly calling for a coup to displace the current King. This isn’t just some ambitious power play either, Saudi Arabia is an unmitigated […]
Following in Ancient Rome’s Footsteps: Moral Decay, Rising Wealth Inequality
Following in Ancient Rome’s Footsteps: Moral Decay, Rising Wealth Inequality If you want to understand why Rome declined, look no further than the moral decay of ruling Elites. There are many reasons why Imperial Rome declined, but two primary causes that get relatively little attention are moral decay and soaring wealth inequality. The two are of […]
Here’s Why the Status Quo Is Doomed
Here’s Why the Status Quo Is Doomed The problem is the Status Quo only works in a world with plenty of room to expand. The central illusion of this era is that the Status Quo can be reformed or saved.All we need to do is (or so we’re told): 1. Get money out of politics […]
PEAK OBEDIENCE
PEAK OBEDIENCE Warnings about Peak Oil have circulated widely in recent years, and if accurate, they are important. Peak oil, however, pales in comparison to something that’s happening right in front of us… and something that is a good deal more dangerous: Peak Obedience. If that concept strikes you as odd, I can understand why: We’ve […]
Citigroup Chief Economist Thinks Only “Helicopter Money” Can Save The World Now
Citigroup Chief Economist Thinks Only “Helicopter Money” Can Save The World Now Having recently explained (in great detail) why QE4 (and 5, 6 & 7) were inevitable (despite the protestations of all central planners, except for perhaps Kocharlakota – who never met an economy he didn’t want to throw free money at), we found it fascinating […]
The Pentagon Creates Partnership with Apple to Develop Wearable Tech
The Pentagon Creates Partnership with Apple to Develop Wearable Tech Last week, in the post JP Morgan Hires Recently Retired U.S. General, Raymond T. Odierno, I made the following observation: How can you ensure that the interests of TBTF Wall Street mega banks and the military-intelligence-industrial complex remain aligned? Create a revolving door of course. Of course […]
