Tuesday, January 22, 2013

DECLARING BANKRUPTCY VERSUS ETERNAL DEBT & OTHER NOTES

Below both scenarios as presented above.

Of course, either way means SYSTEMIC ECONOMIC COLLAPSE with NO alternative SYSTEMIC answer, resolution, program, agenda, whatsoever, in sight.

PRIVATE entities, corporations, wealthy individuals, public-private partnerships, ALREADY PROFIT from ASTRONOMICAL federal tax bailouts, TARP, STIMULUS monies, subsidies, SOCIALIZED DEBT, pocketing their ill gotten gains, largesse, with more taxpayer funds forthcoming.

NO PROSECUTIONS, NO LIQUIDATIONS, NO NATIONALIZATION!!
NO NOTHING!!
NO JUSTICE!!
NO PEACE!!

JUST ONGOING DE FACTO ECONOMIC, FINANCIAL, BENEFITS REWARDED TO PERPETUAL WAR CRIMINALS who then walk away with impunity from a HELL THEY CREATE in the first place!!

ONLY ones left holding a bankrupt bag, bearing burden, social costs, of such economic disaster, dislocation, anarchy, already being POOR, dispossessed and/or marginalized working class, along with some others falling into their trap.

A VERY simple equation determines one's economic power and vulnerability.

POWER=PROPERTY

Property defined as assets owned, tangible or liquid.

Property-less, or, less propertied or NO propertied, as the case may be, being inconsequential, untermenschen, throwaway people, collateral damage, useless eaters, redundant, dispensable, disposable, cannon fodder, etc.

It is an EASILY QUANTIFIABLE measure.
No great mathematical sophistication, no Einstein genius equations required.
Simple arithmetic.

The legality of that PRIVATE ownership UPHELD, DETERMINED, REINFORCED, BY A COERCIVE STATE APPARATUS and THEIR compliant judicial system.

Homeless defined classically as lumpen, declasse, thus totally, completely, POWER-LESS.

Of course, COLLECTIVE WORKING CLASS POWER DOES reside within their own hands IF exercised appropriately FOR THEIR OWN POLITICAL, ECONOMIC, BENEFIT, OBJECTIVES.
But, ONLY COLLECTIVELY DIRECTED, as in a military campaign. 
Not individual ACTION.

ORGANIZED, militant, strike tactics, occupations, UNITED FRONT, etc.

STILL, THEY/WE NEITHER OWN, CONTROL, DETERMINE THEIR/OUR OWN INDUSTRIAL PRODUCTION, NATURAL RESOURCES, output, distribution, delivery, allocation, i.e., OUR FUTURE, priorities, destiny.

NOT EVEN OUR OWN MONEY!!

MILITANT GENERAL OR MAJOR LABOR STRIKES, WORKPLACE OCCUPATIONS, SEIZURES, are potent POLITICAL tools to EXPAND PUBLIC VERSUS PRIVATE ownership systems and allocation of COLLECTIVE RESOURCES.

Either PUBLIC owned resource and industrial production INCREASES with PRIVATE ownership DECREASING, or, vice-versa with ALL its many, well known, documented, concomitant consequences.

BOTH systems can and do NOT CO-EXIST, reside together, peacefully, simultaneously.
They CANCEL ONE ANOTHER, mutually exclusive, contradictory, antagonistic, categories.
One either is pregnant or not.
NOT maybe, a little, pregnant.
One either is or is not dead, not alittle, maybe, dead.
Metaphorically, allegorically, figuratively, imaginatively speaking, of course, zombies can exist and people may FEEL as IF they were dead or pregnant.

But, IN FACT, day and night do NOT coexist together simultaneously.

So, below/above a PRE-EXISTING, PRE-DETERMINED, TERMINAL, MEDICAL CONDITION, disease, conundrum, disaster, catastrophe, consequences unfolding as I write with MORE coming:

http://finance.yahoo.com/blogs/daily-ticker/america-declare-bankruptcy-doug-casey-124119100.html


On a tangential cultural side note.

I happened recently ONCE AGAIN to see a 1976 documentary featured below, "Hollywood on Trial," by chance.
I tried to NO avail finding ANY of it on youtube.
Do not know IF PERHAPS it is available elsewhere on the internet??
The best part in MY opinion is its usage of extensive archival footage from 1940s US Congressional anti-Communist witch hunt hearings which speak volumes for themselves.

I could only wish HOURS of such torturous WITCH HUNT theatrics broadcast on LIVE TV at that time were SHOWN AGAIN NOW IN THEIR ENTIRETY so everyone can see for themselves what a surreal kangaroo court, medieval INQUISITION, it represents AND POLICY CONSEQUENCES CONTINUED TO THIS DAY.

If one does NOT know preceding background above/below, one does NOT understand present circumstances.

Anyway, below but ONE link for anyone NOT familiar with Hollywood on Trial, but, I'm sorry to say, not a free video of it:

http://www.amazon.com/Hollywood-Trial-VHS-Walter-Bernstein/product-reviews/6301304799/ref=dp


IF you do see or have seen preceding documentary, just a few BRIEF remarks.

The documentary MENTIONS, in passing, Bertolt Brecht departed the US the next day following his Congressional testimony.
It does NOT elaborate saying Brecht returned to and remained in EAST BERLIN forever.

Next, the movie does NOT SHOW Joseph Losey, altho, Losey's name appears in credits at the end.
Losey ALSO emigrated from the US upon Congressional anti-Communist Medieval Inquisition hearings and blacklisting.
Below, a brief bio on Losey.
One of Losey's films, "Mr (Monsieur) Klein," is one I happen to love.
A great film.
I do NOT want to give away its plot IF you have NOT seen it--just in case you decide to do so.
Guaranteed, you will NOT be disappointed:

http://en.wikipedia.org/wiki/Joseph_Losey

Last but not least, for some comic anecdotal relief to most deplorable, sickening, US Scumbag Presidential inauguration ceremony.

Someone in passing on an elevator a few days back handed ME an INVITATION to our SCUMBAG IN CHIEF inauguration ceremonies.
He said he had NO IDEA how and why he received it in the mail and handed it to me.
I, in turn, handed it to someone else.
I have NO idea what happened to it afterward.
Clearly, they must be reaching, scratching, the BOTTOM OF A NAZI BARREL for support and I can only GUESS WHO ATTENDED, HOW AND WHY.

As for demonstrations, some scheduled to happen, apparently, but, I have NO idea, again, where, who, how, since they clearly are off a NAZI media radar screen, suppressed, repressed and, most likely, themselves infiltrated, penetrated, CIA controlled front groups.

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