Monday, November 26, 2007

Everything that wasn't Nailed Down.

Nothing says more about the unbridled rapacity of contemporary business practice than the sub-prime, mortgage lending scam. The world over, banking houses leapt into the breech to get their own piece of soft candy to stick in their teeth; such is the nature of banking and it doesn’t matter where you go... eeeeeezzzzzzy money... or so it often seems. It’s the same kind of pig in the headlights of the buffet table thing that has parted many a sucker from the gold in their pockets.

At Wharton and Harvard and all the other places where they teach you to steal according to the manipulated laws of the time, adjusted to the capacity to snatch and grab according to the needs of those who pay the people who make the laws in order to so on and so on ad vomitus; you get the picture... the idea is to make the most money with the least risk while cutting back on service and quality just short of the point where actual flesh is being cut off of the client and that’s okay too if the screaming doesn’t bring too much heat. You may think I’m being overly cynical but in fact I am being too kind. One thing further is the hammered in point to screw the competition whenever and wherever possible. It’s a hard world baby... the weak are killed and eaten. Word up.

There isn’t any question that the mortgage houses and banks and all of the other reptiles in suits knew what was involved in giving these loans to those who couldn’t actually ever pay them off unless every one of them won the lottery or a rich relative died. They knew going in that the whole thing was dodgy. “Yeah, baby... you just pay the interest and two three years from now you’ll be fat and the property will have increased in value and you can leverage this and then leverage that and everybody including the junkies on the street are going to ‘get well’”. Gee, too bad the other factors didn’t play along.

This is the climate that got ushered in with the clown prince of incompetence, George ‘turtle on a fencepost’ Bush as a Reagan redux. This is what shoehorned the media into a few grasping hands and back-doored the all too willing and lubricated up the Michael Powell FCC; panting and gasping for penetration... even though the actual thrusting violation went direct to the American people. Of course, with the media under control, you can then spin anything and when the shit begins to stink you point at somebody else and the media will duly report them as responsible.

Now you hear about banks all over the world having to swallow billions in losses but you should know that the banks are never the ones to lose; just like with that other Bush scam the S&L debacle that took place under the stewardship of that great American hero Ronald ‘McDonald’ Reagan.

You don’t need a Federal Reserve. You never needed a Federal Reserve and there is no ‘federal’ in Federal Reserve. The private banks that run your life under the false innuendo- implying name of the “I can’t believe it isn’t butter.” -Federal Reserve needed the Federal Reserve so that they could be the world’s biggest counterfeiters. I love the idea of printing your own money out of thin air whenever you like and then lending out this ghost money at interest and then just collecting money and what? Maybe you lend that out too? Gee, sooner or later you’re talking about ‘real money’.

This post isn’t the place for getting into the details of this CRIME. I don’t have the time or space... this is just a badly drawn boy; sort of a shadow of Sasquatch disappearing into the tree line; grainy photo kind of thing with huge footprints in the snow.

Basically what it comes down to is that some gangsters got together and used money that they printed on their own and then handed it out to their captains and capos to ‘put on the street’ and then everybody who ever wanted a house could go live in one for a little while until they came out of it worse than they went into it- sans house- and then with a little doe-see-doe here and a little doe-see-doe there, some somebodys wound up with a lot more than they started out with, while giving the impression of losing a whole lot but then that get paid off by the public via government fiat with a little more doe-see-doe here and a little more doe-see-doe there. The usual people got screwed and the usual people got richer than they were before.

GREEEEEEEEEEEEEEEEEEEEED is good. Nobody is going to do anything. How long will the ship stay on the water? This is what impresses me; the magic of duct tape and bailing wire and bullshit... jury-rigging as art.

Make the most money with the least expense. Operate without a conscience. Steal, lie and cheat; kill if you have to and plant the knife in another man’s hand. This is what they teach you. This is what it takes. Then they slip out of town while a few ignorant front men go to jail.

How do you go after these people? They own the people who make the laws. They own the people who give the army and the police their marching orders and as long as the mouth-breathing thugs are willing to march, it will go on. It’s better to be swinging a lath or a club than to be the one getting clubbed. It is better to be the one closing the cell door than to be the one on the other side of the door. It is safer to do what you are told and feed your family than to oppose the crime boss and have your family starve.

I’m not telling you anything new. There’s always been some version of this at work. There’s always been the cosmetic job of making the villains into air-brushed heroes and then killing and slandering the real heroes. As long as people are content to go along and as long as enough of them are stupid and uniformed you can go right on doing as you please.

At Wharton and Harvard they have these phony ethics classes. The professors snicker... the students snicker... nudge, nudge, wink, wink.... and “Bob’s your uncle.” “Hey sport, how’s it going?” As long as they’ve been balling Charity they’ve been having charity balls and charity is an industry all of its own. As long as they’ve been merchandizing disease as a product they’ve been filling the shelves with placebos and sick-making drugs to combat it. The people who make the food and drink that destroys your health are the same people who run the hospitals and insurance agencies and health carriers (‘health carriers’...laughter) that feed off the guaranteed, life-style assured pathologies; ...at one end... at the other end... and at every point along the way.

So you think this housing crisis and the falling dollar and all the scary faces popping into the window was just an accident? Did someone miscalculate? Wanna buy a bridge? Gee, maybe they’ll explain it on the news...

Banks don’t really lose money. The dollar falls for the same reason the dollar rises. People make money from it at either end. The only people who ever lose is you, John Q.
Your candidates are promising you solutions while their backers and handlers are getting ready for the next wave of assaults against you. You are the food.

It’s possible to have an ethical system. Some countries in Europe and elsewhere do strive to maintain the system so that people at all ends can manage. Nothing works perfectly but certainly they work better in some places and those are the places that take the needs of everyone into consideration. There will always be crime and vice and terrorism. These are things you manage. These are things that you keep in their section of town or control as you go. Most people want to get along and most people are honest if they are allowed to be. This is what you count on and it works when you make it possible.

But when the people at the top are all thieves it means you live in a crime zone 24/7 and... it’s the law pilgrim. It’s what you get, without exception, in those systems where you get it without exception... sooner or later because that’s how it works.

These are some things that are worth thinking about BEFORE you have to worry about them; before they steal everything that isn’t nailed down and then come back with crowbars for the rest.



ABOUT THIS COMMENTS PLATFORM

Please note that if you want to leave a comment on this blog post,
you do not have to provide an email address.

...and you don't have to create an account with anyone or anything; just comment "as a guest".

(though it's quite cool to have an account with Intense Debate. Makes the whole commenting lark a bit more social. Still, that choice is yours...)


You'll find the comments submission box below.
Please feel free to use it, thank you...



The3rdElf
The 3rd Elf