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Why There is Trump


Dorothea Lange Family of rural rehabilitation client, Tulare County, CA 1938
It’s over! The entire model our societies have been based on for at least as long as we ourselves have lived, is over! That’s why there’s Trump.There is no growth. There hasn’t been any real growth for years. All there is left are empty hollow sunshiny S&P stock market numbers propped up with ultra cheap debt and buybacks, and employment figures that hide untold millions hiding from the labor force. And most of all there’s debt, public as well as private, that has served to keep an illusion of growth alive and now increasingly no longer can.

These false growth numbers have one purpose only: for the public to keep the incumbent powers that be in their plush seats. But they could always ever only pull the curtain of Oz over people’s eyes for so long, and it’s no longer so long. 

That’s what the ascent of Trump means, and Brexit, Le Pen, and all the others. It’s over. What has driven us for all our lives has lost both its direction and its energy.

We are smack in the middle of the most important global development in decades, in some respects arguably even in centuries, a veritable revolution, which will continue to be the most important factor to shape the world for years to come, and I don’t see anybody talking about it. That has me puzzled.

The development in question is the end of global economic growth, which will lead inexorably to the end of centralization (including globalization). It will also mean the end of the existence of most, and especially the most powerful, international institutions.

…click on the above link to read the rest of the article…

Who’s Really The Fascist?


John Vachon Paramount Theater and dairy truck, 44th Street, NYC 1943

Like most of you, I too see an increase in the use of the term ‘fascism’ in the media, and it is -almost- always linked to the rise of Donald Trump in the US and various politicians and parties in Europe, Le Pen in France, Wilders in Holland, Erdogan in Turkey, plus a pretty bewildering and motley crew of ‘groups’ in Eastern Europe (Hungary’s Orban) and Scandinavia. I guess you could throw in Nigel Farage and UKIP in Britain as well.

And while I -sort of- understand why the term is used the way it is, and it’s not possible to say it’s used wrong simply because ‘fascism’ knows so many different interpretations and definitions, very few of which can be classified as definitely wrong, that doesn’t mean that just because you’re not definitely wrong, you’re therefore right, and certainly not comprehensive or complete. And there’s a story in there that deserves to be told. Who is really the fascist? From Wikipedia:

George Orwell wrote in 1944 that “the word ‘Fascism’ is almost entirely meaningless … almost any English person would accept ‘bully’ as a synonym for ‘Fascist’”. Richard Griffiths said in 2005 that “fascism” is the “most misused, and over-used word, of our times”. “Fascist” is sometimes applied to post-war organizations and ways of thinking that academics more commonly term “neo-fascist”.

I’m inclined to venture that ‘terrorism’ is a good second for most misused word, but something tells me that once you get into economics and the way terms like ‘stimulus’, ‘unemployment’ and ‘inflation’ are used, this is an argument that would never end. Let’s stick with ‘fascism’ for now.

…click on the above link to read the rest of the article…

The EU Uses Every Crisis To Grab More Power

The EU Uses Every Crisis To Grab More Power

Jean Claude Juncker held a speech yesterday that had, oh irony, been labeled a State of the Union. A perfect way of showing how pompous Juncker and his surroundings have become. A perfect way, too, to point out how much the European Union differs from the United States. The gap is so wide it doesn’t need any explaining.

Much of the speech concerned the refugee crisis Juncker and his cronies share a lot of the blame for, and for good measure he managed to get in a vile threat to Greece, in the vein of “Greece must respect the bailout, or the EU reaction will be ‘different’”, and “Greece cannot be kept in the euro at all costs”. In Brussels, democracy is a word fast losing even the last shreds of its meaning.

Juncker’s a very boring speaker -when he’s not been drinking-, but that doesn’t take away from the message. Brussels seeks to use the refugee crisis for the same purpose it uses all crises for: power grabbing. A reaction from Nigel Farage that was dripping with vile bigotry was the best reaction I read about to the speech, and in my not so humble opinion that is desperately sad.

It’s a shame and a disgrace that bigots like Farage, Le Pen, Orban and Wilders will have to decide the future of the EU, but it’s still a mile and a half better than more EU, because the European Union is rapidly turning into a monstrosity the likes of which even Europe has seldom seen in its history, and that’s saying something.

28 separate formerly sovereign nations are coming under the thumb of a de facto occupying force that is squeezing their sovereignty and democracy out of them in boa constrictor fashion, leaving them behind as empty political shells. And every single one of these nations has voluntarily signed up for this treatment, blindly lured by financial promises that the Greek crisis has abundantly exposed as hollow and void.

…click on the above link to read the rest of the article…

 

 

The Only Good Deal For Greece Is NO Deal

The Only Good Deal For Greece Is NO Deal

The only thing that would really go towards beginning to solve the problems with Greece is for Athens to NOT sign a deal. The short version of why that is so: it would leave the EU intact for longer. And the ECB.

Neither have any viable future, but as they go down, they can cause a lot of damage and pain. It’s mitigating that pain which should now be our priority no. 1, the pain that will result from the demise of Europe’s institutions. But we see precisely zero acknowledgment of this. Anywhere.

All that attention for whatever comes out of yesterday’s, and today’s, and tomorrow’s Troika vs Athens talks is very cute and nice and all, and putting on a ‘phantom summit’ is hilarious, but in reality it’s all based on a far too myopic picture.

Maybe that’s what you get when you’re only looking at life as exclusively consisting of things that can be either bought or sold, which seems to be the way the entire world press interprets the negotiations, the only way they have of interpreting anything. But this is not about money.

There’s more to life than money. That is to say, there’s a lot more going on than those talks and the deal-or-no-deal results that may or may not emanate from them. To wit: If the past 5 months or so have made anything clear, it’s that the eurozone has no future at all, and the EU as a whole has very little.

There is no trust left between Brussels and Greece, and therefore at the same time also not between Brussels and Rome, or Madrid. Italy and Spain could be the next to receive a five-month treatment like the one Greece has had, and the people there sense it. Even if their present governments do not.

…click on the above link to read the rest of the article…

 

 

Olduvai IV: Courage
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Olduvai II: Exodus
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