Tag: Powell!
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Big flip
This is highly encouraging if generally true. Via Ankler, Wall Street is siding with the strikers in the Hollywood conflict! = = = = = START QUOTE: Michael Pachter, research analyst at Wedbush Securities, is more pointed: “The market thinks all of the corporate bosses are idiots, and generally sides with the unions.” He adds:…
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What’s wrong with Frank?
Hersh interviews Thomas Frank. They accurately describe the well-known realignment of D and R. In 1932 D became the HONEST voice of the working class and remained there as long as FDR breathed. Now both represent the plutocrats, with varying forms of dishonesty. D pretends to be about hippie shit. Before 2016, R was openly…
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One bright spot
When I say Deepstate I mean the specific alliance of investment banks with the spy agencies and “political” NGOs. Most people use Deepstate to mean all bureaucracies, the Administrative State. The non-spy bureaucracies are actually a bright spot in the current dismal picture. Media holds our focus on the utterly meaningless and trivial noise of…
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Speakable now!
Just after writing previous item, checked DailyMail for the latest SHOCKING news. This one is GENUINELY shocking, and reveals that the Inquisitors are no longer in absolute control. Truth about gender is returning to speakableness. = = = = = START QUOTE: Melanie Nipper, a 28-year-old gender studies professor at the University of Cincinnati, has…
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Who needs FDR when you’ve got Powell?
Via DailyMail: Goldman Sachs readies for a third round of lay-offs that will include some partners in the next few weeks after slashing more than 3,000 positions in the last year as investment banking deals drop off. It is CEO David Solomon’s attempts to cut costs as deal-making – the firm’s major revenue source –…
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So close yet so far
Brownstone continues to diagnose the problem perfectly, but misses badly on the prescription side. I appreciate the full Machiavellian diagnosis, focusing HEAVILY on the lockdowns and ballgags, less on the needles. As I’ve been tiresomely and pointlessly repeating, the needles were only a few moments of pain. The rest of it was two full years…
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Today is Odometer Day!
Today is Odometer Day! Time for a reprint from Dec 2020. = = = = = START REPRINT: In 1999 there was considerable hubbub over the Y2K bug in old programs, many of which were in COBOL. The language itself wasn’t busted; its date functions have four digits. But the early mainframe programmers in the…
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Incurable idiots
In the last 50 years both “parties” had dozens of ideal opportunities to stop making problems and start solving problems. Every single time they refused. Even when the problems are ALREADY BEING SOLVED, the Repooflicans still can’t figure out how to ALLOW THE SOLUTION. They’re digging in on the ‘culture war’, calling it the most…
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Who, what, how
Barrett is discussing Chomsky’s allegiance to Deepstate. Why should such a logical man miss so many logical connections? I understand Chomsky. He’s an academic type, a Howist, naturally inclined to seek the black-box answer to problems. He refuses to see motives behind assassinations and wars unless the event changes policies. I have the same tendency.…
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Metes and bees
Brownstone is another frustrating visionary. Do they really have a goal, or are they just another Parkinson organization trying to keep running without a goal? From their latest mission statement: = = = = = START QUOTE: The [“virus”] response was as much an institutional failure as it was a failure of rationality and courage.…
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Right about problem, wrong about solution
This discussion of college loans gets one big point right. Major universities are hedge funds with an apprentice program for future hedgies attached. That’s all. Demons training demons. The discussion misses the PERMANENCE of this situation. Colleges were FOUNDED for this sole purpose. Nothing has changed for 1000 fucking years. At one time the A&M…
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Nice symmetry
Powell is no longer entirely alone in turning us back toward a REAL HONEST COUNTRY WITH A REAL HONEST ECONOMY. Peculiarly enough, the Biden administration is taking genuine steps to bring our stuff back from China. Via Reuters, the administration is using the Defense Production Act to spend $50 million on incentives for PC board…
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Good.
GOOD. Powell didn’t pause or pivot. He’s the ONLY problem-solver in the entire Federal monstrosity. The EU central bank is assisting him, but NOBODY else in any position of power is on the solving side. ALL the rest are trying to generate more problems and genocide and war and NAZI TORTURE as fast as they…
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Speaking of
Speaking of physically impossible goals and physically impossible all-debt “banking”, I connected these nicely in 2019. = = = = = START FUCKING REPRINT: Last month I thoroughly EXPLODED the blasphemous “green” “new” “deal”, ending with the FACT that the real purpose was the “new forms of financing”, in other words MMT. Now the purpose…
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From the other angle
In previous item I was basically discussing adrenaline addiction. Deepstate keeps the adrenaline flowing at all times, causing heart damage and sudden death and weakened immunity. Never let the victims regain balance and normalcy. But adrenaline is also addictive. Soldiers of fortune, mountain climbers, parachutists, gamblers, risk-takers of all sorts, understand this addiction and use…
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