CHRISTOPHER STEINER ~ AUTOMATE THIS

~ BLU-ACAWDST-AWPMAMOOWUTCOAWCLTOW-OWIPTS ~ But Left Unsupervised – Algorithms Can And Will Do Strange Things – As We Put More And More Of Our World Under The Control Of Algorithms We Can Lose Track Of Who – Or What – Is Pulling The Strings

~ JWOBOCFSANBSABFPOCC ~ Jobs We Once Blamed Other Countries For Stealing Are Now Being Snatched Away By Faceless Piles Of Computer Code

~ ITSM-HHLBRTIO-TAOTMN ~ In Today’s Stock Market – Humans Have Largely Been Reduced To Interested Observers – The Algorithms Own The Market Now

~ NSTAWSFTTB ~ News Services That Are Written Specifically For The Trading Bots

~ TINWTUTIOGATFCTTNH-TSAWSCBWIF ~ There Is No Way To Understand The Implications Of Giving Algorithms The Full Control That They Now Have – The Speed At Which Something Can Go Wrong Is Frightening

~ SADTOYASPVRR-AOTCCHI-ITCWOT ~ Some Algorithms Developed Thousands Of Years Ago Still Play Very Real Roles – Albeit Ones Their Creators Couldn’t Have Imagined – In The Computerized World Of Today

~ AOWWWKTEFTNTBEOM ~ Algorithms Only Work When We Know The Exact Factors That Need To Be Examined Or Manipulated

~ TWP-PANITATTITN-A-SIOTFTM ~ To Work Properly – Predictive Algorithms Need Instructions That Allow Them To Ignore The Noise – And – Zero In On The Factors That Mater

~ TWI-A-I-W-NSFC-P0TCTW-TJHABCOTROA ~ Those Who Imagine – Art – Innovations – Words – Novel Strategies For Companies – Products That Change The World – Their Jobs Have Always Been Considered Outside The Reach Of Algorithms

~ SPATTCROBWCTT-TNITACI-TABCC-WNL-H-TTADA ~ Smart People Assume That This Creeping Revolution Of Bot Workers Can’t Touch Them – The Notion Is That Algorithms Can’t Innovate – That A Bot Can’t Create – We’re Now Learning – However – That These Are Dangerous Assumptions

~ ACBTTETQAOOOC ~ Algorithms Can Be Taught To Evaluate The Quality And Originality Of Others’ Creations

~ AWPDAABAA? ~ At What Point Does An Algorithm Become An Artist?

~ TVOAIAITS-AAUTSMAMIOD-DMILT-IKA-RL ~ The Value Of Algorithms Is All In Their Speed – Algorithms Allow Us To Squeeze More And More Into Our Days – Doing More In Less Time – Is Known As – Removing Latency

~ M-S-T-HAGT-FBOW ~ Money – Speed – Technology – Have Always Gone Together – For Better Or Worse

~ THABITHOAPF-SOPTWMTGF-H-ATPWDT ~ Technology Has Always Been In The Hands Of A Privileged Few – Some Of Those Who Make The Greatest Fortunes – However – Are The People Who Democratize Technology

~ GTS ~ Gaming The System

~ AWCTIPASATWHAAWRIH ~ Algorithms Will Continue To Invade Professions And Skill Areas That We Have Always Assumed Will Remain Inherently Human

~ TPMBHEWNBTTGR ~ The Predictions Made By Human Experts Were No Better Than Those Generated Randomly

~ TACT ~ Technical Automated Compatibility Testing

~ PDB ~ Paging Dr. Bot

~ WMSTBRUOIF-TTITIABSBA-ATRCAYTC ~ While Medicine Seems To Be Rather Unhackable On Its Face – The Truth Is That It’s Already Been Shaken By Algorithms – And The Real Changes Are Yet To Come

~ IASBGNOH-CAAITNOWDAAP ~ In A Small But Growing Number Of Hospitals – Consulting An Algorithm Is Task Number One When Diagnosing Any Admitted Patients

~ TJFPRSTAPMACE ~ The Jobs For People Reading Scans, Tests, And Patient Metadata Are Certainly Endangered

~ T-C-A-A-TGSED ~ They’re – Cheap – Accurate – And – They Get Smarter Every Day

~ AOU-WOBATE-CB-C-T-A-CLAAIAZ ~ All Of Us – When Observed By A True Expert – Can Be – Categorized – Tagged – And – Catalogued Like An Animal In A Zoo

~ PCPRC-EHWAPIETLTAAS ~ People’s Core Personalities Rarely Change – Exceptions Happen When A Person Is Exposed To Long-Term Abuse And Stress

~ AWGO-OVMGVAD-BTWIWWS-TSWLTOS-RTS-TSGAACATHAOUPLAAUP ~ As We Get Older – Our Vocabulary May Grow Varied And Dense – But The Way In Which We Speak – The Structures We Lend To Our Sentences – Remains The Same – Those Structures Give Away Amazing Clues As To How Any Of Us Process Logic And Act Under Pressure

~ HTSRAAUITMIEK ~ How The Speech Recognition Algorithms Are Used In The Markets Isn’t Exactly Known

~ TPFBI-B-S-AE-P(TR)-ICH ~ The Potential For Bots In – Business – Service – And Even – Politics (Think Robocalls) – Is Clearly Huge

~ WLCPTTFTOTFH-WBCSM-S-LC-A-HC? ~ Why Leave Customers Prone To The Fickle Treatment Of Their Fellow Humans – When Bots Can Secure More – Satisfaction – Lower Costs – And – Happier Customers?

~ AOT-CEAC-D-G-S-S-A-E ~ All Of This – Click, Eyeball And Cursor – Data – Gets – Strained – Sifted – And – Examined

~ HWSIWSWOITPO-TIRCTSP-TBI-H-OATSTBCTTOTI-TSATWCSAE ~ How We Speak Indicates What Spot We Occupy In The Pecking Order – The Influencers Rarely Change Their Speech Patterns – Those Being Influenced – However – Often Alter Their Speech To Be Closer To That Of The Influencer – The Same Applies To Written Communication Such As E-Mail

~ WBOI-OLT ~ Words Betray One’s Influence – Or Lack Thereof

~ BATIPOTDAOAWSCLTNAI-P-M-S-M-TTMMTBM-FTNTH ~ Being Able To Identify Pecking-Order Top Dogs Automatically On A Wide Scale Could Led To New Approaches In – Politics – Management – Sales – Marketing – There’s Too Much Money To Be Made – For This Not To Happen

~ HE-WLTAAOTTTTDOUSREY-CBAEIAWTD ~ Human Error – Which Leads To Almost All Of The Thirty-Three Thousand Deaths On U.S. Roads Every Year – Could Be Almost Eliminated If Algorithms Were The Drivers

~ LAASAATAAI-TADNRHIOTPTICMPL ~ Lawyers Are As Susceptible As Anybody To An Algorithm Invasion – The Algorithm Does Not Require Health Insurance Or The Promise That It Could Make Partner Later

IAN ANGUS ~ FACING THE ANTHROPOCENE

~ TGA ~ The Great Acceleration

~ TP-CC-A-PB ~ Tipping Points – Climate Chaos – And – Planetary Boundaries

~ EA ~ Environmental Apartheid

~ D:GHS ~ Destination: Global Human Solidarity

~ THIO-TAHB ~ The Holocene Is Over – The Anthropocene Has Begun

~ C ~ Capitalocene

SIMON HEAD ~ MINDLESS ~ 2014

~ SMAMDH ~ Smarter Machines Are Making Dumber Humans

~ CBS ~ Computer Business Systems

~ ES ~ Enterprise Systems

~ BPR ~ Business Process Reengineering

~ ERP ~ Enterprise Resource Planning

~ BS ~ Balanced Scorecard

~ ‘DW’ ~ “Data Warehouses”

~ ‘DM’ ~ “Data Marts”

~ CP ~ Corporate Panoptics

~ TOOMANLFABH-BTER ~ The Objects Of Management Are No Longer Flesh-And-Blood Humans – But Their Electronic Representations

~ WHB-TNCWCSAT-TRUODS ~ We Have Become – The Numbers, Coded Words, Cones, Squares, And Triangles – That Represent Us On Digital Screens

~ KPI-TINLTTN-TMCATAP ~ Key Performance Indicators – There Is No Limit To The Number – That Management Can Attach To A Process

~ TRSOTEOE-I-TCDON ~ The Reverse Side Of The Empowerment Of Experts – Is The Complete Disempowerment Of Nonexperts

~ TLOGW-C-A-T-TMASUTMOG-AAUT-MATTWOESTG ~ The Labeling Of Goods With – Chips – And – Tags – To Monitor And Speed Up The Movement Of Goods – Are Also Used To – Monitor And Time The Work Of Employees Shifting The Goods

~ MIS ~ Management Information Systems

~ RAE ~ Research Assessment Exercise

~ EL ~ Emotional Labor

~ SABRE ~ Semi-Automatic Business Research Environment

~ AEASE ~ Abstracted Electronic And Statistical Entities

~ ATSRAC-IF-HHOIT-SEOTTME-WWIBITS ~ All The Systems Rules And Commands – In Fact – Have Human Origins In The – Superior Expertise Of The Technical, Managerial Elite – Whose Wisdom Is Baked Into The System

WILLIAM BONNER ~ HORMEGEDDON ~ 2014

~ TMOAGTLTD ~ Too Much Of A Good Thing Leads To Disaster

~ TMI ~ Too Much Information

~ SK-PM ~ Servi Kaffe – Pereat Mundis

~ GS-PPDAWYGWYA-RSSPSL-TAIBS ~ Generally Speaking – Public Policy Disasters Are What You Get When You Apply – Rational, Small-Scale Problem-Solving Logic – To An Inappropriately Broad Situation

~ TFLIT-LTWMTOBC-FOC-A-FTCTBB ~ The Feedback Loop Is Twisted – Leaving Those Who Made The Original Bad Choices – Free Of Consequences – And – Free To Continue Their Bad Behavior

~ ‘H’-TMOAGTIAPPC ~ “Hormegeddon” – Too Much Of A Good Thing In A Public Policy Context

~ EDT-‘TMOAGT’-A-‘DMU’ ~ Economists Describe – The ‘Too Much Of A Good Thing’ – As –  ‘Declining Marginal Utility’

~ FPCSTITPLIOOTCCOTAIWTHPSMF-I-TBITAORTET-‘DS’ ~ Few People Can Stomach The Idea That Public Life Is Out Of The Conscious Control Of The Authorities In Whom They Have Placed So Much Faith – Instead – They Believe In The Ability Of Right Thinking Experts To – ‘Do Something’

~ JSHADS-‘CD’-TABOBZ-LNTIC-TITITITP-AASTBSAN-TMCI ~ Josef Schumpeter Had A Different Solution – ‘Creative Destruction’ – To Avoid Being Overrun By Zombies – Let Nature Take Its Course – The Inefficient, The Incompetent, The Imprudent, The Passé – All Are Supposed To Be Swept Aside Naturally – The Market Cleanses Itself

~ BTDAHTWIIST-TZEBTPTPCASTS-TUTPOGTHOWTGAGM ~ But This Doesn’t Always Happen The Way It Is Supposed To – The Zombies Erect Barriers To Protect Themselves, Prevent Change And Stabilise The System – They Use The Power Of Government To Hold Onto What They’ve Got And Get More

~ EAO-BAG-CAA-BG-WIASFC-WCOSAGSP ~ Entitlements Are Offered – Bailouts Are Given – Contracts Are Awarded – Bureaucracies Grow – Whole Industries Are Shielded From Competition – Whole Classes Of Society Are Given Special Privileges

~ TME ~ Too Much Economics

~ SEM ~ Simpleton’s Economic Model

~ TWATWEWNSC-NSBAA-NSA-A-NSD ~ There Was A Time When Economists Were Not So Conceited – Not So Bold And Arrogant – Not So Ambitious – And – Not Such Dumbbells

~ IEWRTPODRWNVQ-TGBU-L-WTAUTDPAM-TBD-HBTN ~ In Economics We Reach The Point Of Diminishing Returns With Numbers Very Quickly – They Gradually Become Useless – Later – When They Are Used To Disguise, Pervert And Manipulate – They Become Disastrous – Hormegeddon By The Numbers

~ NHPNOS-NAPSAA ~ Numbers Help Put Nonsense On Stilts – Numbers Appear Precise, Scientific, And Accurate

~ BATNAS-NISAD-NASSCBT-YEBWTATTWB-AUTSSMTETCPP ~ But All The Numbers Are Squishy – Nothing Is Stiff And Dry – Not A Single Statistic Can Be Trusted – Yet Economists Build With Them As Though They Were Bricks – And Upon Their Squirming , Shimmying Mound They Erect Their Central Planning Policies

~ METTTWIABOHS-NABOP ~ Most Economists Today Think They Work In A Branch Of Hard Science – Not A Branch Of Philosophy

~ IOSUGITFY-TFAI ~ Instead Of Storing Up Grain In The Fat Years – The Feds Ate It

~ BMEHDETAMPTATTFTLOTRW-TGMBDIDBICGFIDDTLY ~ But Modern Economists Have Developed Elaborate Theories And Mathematical Proofs That Allow Them To Flout The Limitations Of The Real World – The Government May Be Deeply In Debt But It Can Go Further Into Debt During The Lean Years

~ TITNOH-OYAII-YTTSII-UYRTBE ~ This Is The Nature Of Hormegeddon – Once You Are In It – You Tend To Stay In It – Until You Reach The Bitter End

~ ADGOTLTTST-TDOMV-BOFRBDL ~ All Democratic Governments Owe Their Legitimacy To The Same Thing – The Decisions Of Misled Voters – Based On Fraudulent Representations By Dishonest Leaders

~ TITGMITMTBIF-GIBUAANOSBTOATI ~ The Idea That Government’s Mission Is To Make Things Better Is False – Government Its Best Understood As A Naturally Occurring Struggle Between The Outsiders And The Insiders

~ T –‘SC’-IAF-YCHACUYHTWAAP-TDWFOTP-ITYWO-WKOCIITYDATACGOO? ~ The – “Social Contract” – Is A Fraud – You Can’t Have A Contract Unless You Have Two Willing And Able Parties – The Deal Was Forced On The Public – Imagine That You Want Out – What Kind Of Contract Is It That You Don’t Agree To And Can’t Get Out Of?

~ TIDNRGAAC-TNTGSOOI ~ The Insiders Do Not Run Government As A Charity – They Need To Get Something Out Of It

~ ‘TM’-INAB-IIAC ~ “Too Much” Is Not A Blessing – It Is A Curse

~ WFWTAH-NWTAE-WTINRC-WIT ~ We Flourish When Things Are Hard – Not When They Are Easy – When There Is No Real Challenges – We Invent Them

~ YLNFS-LSMT-GLRTPODMUQ-SWBLIMMB-BIFTTTIL ~ You Learn Nothing From Success – Like So Many Things – Good Luck Reaches The Point Of Declining Marginal Utility Quickly – Starting With Bad Luck Is Much, Much Better – Because It’s Failure That Teaches The Important Lessons

~ BWHWMOPFTIFTATST? – A–A ‘LT’-O-‘DT’ ~ But What Happens When Millions Of People Find Themselves In Financial Trouble At The Same Time? – A – “Liquidity Trap” – or – “Debt Trap”

~ RTLTBGTCTD-TGWTAC-IWTBBIH-TBWSTUTMTIL-I-TBHRC-BPOLTEO ~ Rather Than Let The Banks Get The Comeuppance They Deserved – The Government Wrote Them A Check – It Was The Biggest Bailout In History – The Banks Were Supposed To Use The Money To Increase Lending – Instead – The Banks Had Reduced Credit – By Paying Off Loans To Each Other

~ CW-TAHWL-TAHTFH-BCEABOOEDA ~ Corrections Work – They Are How We Learn – They Are How The Future Happens – By Culling Error And Backing Out Of Dead-End Alleyways

~ CCNBE-CAHWA-‘TMOAGT’-ATLTA-PDAD-TWTCWB ~ Corrections Can Never Be Eliminated – Corrections Are How We Avoid – ‘Too Much Of A Good Thing’ – And The Longer They Are – Prevented, Delayed And Dodged – The Worse The Corrections Will Be

~ M-ITWC ~ Methane – Is The Wild Card

~ TI-FAIISP-STALTOW ~ The Internet – For All Its Information Shovelling Power – Seems To Add Little To Our Wealth

~ ME-HGVR-B-TIDNSTHLTAGUIP ~ Many Entrepreneurs – Have Gotten Very Rich – But – The Internet Does Not Seem To Have Led To A General Uptick In Prosperity

~ WUTWWHEEASM-N-TMIMBPWNBAS ~ What Used To Work Was Hard Effort, Education, And Saving Money – Now – The Money Is Made By People Who Never Break A Sweat

~ TFWF-Z-I-R~ The French Word For – Zombie – Is – Rentier

~ TZBI ~ The Zombie Banking Industry

~ AFE-I-TC-TU-A-TU-TNLF-NWSFPAFOI ~ A Free Economy Is – Too Chancy – Too Unforgiving – And – Too Uncontrollable – To Nurture Lifelong Friendships – No Wonder So Few People Are Fond Of It

~ TZLOFEO-WSNASD-TMTRCASTRT-AHEOTOHONSRTS~ The Zombies Look Out For Each Other – With Safety Nets And Sweetheart Deals – They Make The Right Connections And Say The Right Things – A Healthy Economy On The Other Hand Offers No Sure Route To Success

~ GP&RD ~ Greasy Palms & Revolving Doors

~ VFV-TPCGBBMCTTR ~ Vote For Vote – The Poor Can Generally Be Bought More Cheaply Than The Rich

~ TWBZ ~ The World’s Biggest Zombie

~ MIAMP-WTM-TANMM-NMD-NMR-NME ~ Hormegeddon Is A Modern Phenomenon – Without The Masses – There Are No Mass Movements – No Mass Delusions – No Mass Revolts – No Mass Epidemics

~ GIAAEARI-FTIOT(VCB)PAP-O-T(UUHAH)F ~ Government Is Always And Everywhere A Reactionary Institution – Favoring The Interests Of The (Voting, Contributing, Backstabbing) Past And Present – Over – The (Unborn, Unknown, Helpless And Harmless) Future

~ GHCTRLCISWVLFS ~ Governments Have Come To Resemble Large, Coercive Insurance Schemes With Very Lax Financial Standards

~ C-ACOCRTV-WAATTPOM-IINBBIETPTAFI-IIBIIU-TVOCITIP ~ Civilization – A Culture Of Cooperation Rather Than Violence – Was An Adaptation That Took Place Over Millennia – It Is Not Because Barbarism Is Evil That People Turned Away From It – It Is Because It Is Unprofitable – The Virtue Of Cooperation Is That It Pays

~ ACI-TSRWI ~ As Civilization Increases – The Stakes Rise With It

MATT TAIBBI ~ THE DIVIDE

~ TCOTCITCDS-OASAOHU-TOAVGOEWOTR-HBITWALT ~ The Cleaving Of The Country Into Two Completely Different States – One A Small Archipelago Of Hyperacquisitive Untouchables – The Other A Vast Ghetto Of Expendables With Only Theoretical Rights – Has Been In The Works A Long Time

~ DWCCITNCWRANSOPART-I-CWGISBTORP ~ Dealing With Corporate Crime In The New Century Would Require A New Set Of Persecutorial And Regulatory Tools – Increasingly – Companies Were Growing, In Size, Beyond The Old Regulatory Parameters

~ ATBWSCSTWTOCSAAWFCIOECIAI-IWOTTNLEOHUSKORT-CAHCWBC-ANWGA-THTBAPH-TPEUB-CC~ As The Biggest Wall Street Companies Screamed Their Way Through One Criminal Scandal After Another Without Facing Corporate Indictments Or Even Criminal Indictments Against Individuals – It Was Obvious That The Nation’s Law Enforcement Officials Had Undergone Some Kind Of Radical Transformation – Crime After Heinous Crime Was Being Committed – And Nobody Was Getting Arrested – There Had To Be A Plan Here – That Plan Ended Up Being – Collateral Consequences

~ BTSFTUTBCUWACTDWWBETCJM-TWSMACAWWSEAUENTQ ~ But They Somehow Failed To Understand That By Coming Up With A Calculus To Determine Who Was Big Enough And Important Enough To Command Jurisprudential Mercy – They Were Simultaneously Making A Calculation About Who Was Small Enough And Unimportant Enough Not To Qualify

~ TFOPBTPDAECW-AMCFS-IWBMPERLQSM-A-STOTISIAHRAAAB ~ This Failure Of Prosecuturial Backbone Took Place During An Epic Crime Wave – A Massive Criminal Fraud Scheme – In Which Banks Mass-Produced Extremely Risky, Low-Quality Subprime Mortgages – And – Sold Them Off To Institutional Sucker-Investors As Highly Rated AAA Bonds

~ TSWTSLAHPKRATTNPOHBCKTHAW-BTITABTD-TREDBOPREVIHT-AD-E ~ The Situation Was Tenable So Long As Housing Prices Kept Rising And These Teeming New Populations Of Home Borrowers Could Keep Their Heads Above Water – But The Instant The Arrow Began Tilting Downward – This Rapidly Expanding Death-Balloon Of Phony Real Estate Value Inevitably Had To – And Did – Explode

~ OTBB-WBE-NEMFCIAHCTPITEF-TWTVDOSC ~ Once The Bubble Burst – Whistle-Blowers Emerged – Nearly Every Major Financial Company In America Had Chosen To Participate In This Enormous Fraud – It Was The Very Definition Of Systemic Corruption

~ DWLLMOE-ANWACTTCWETWCP-WWLMSOW-BTOFISP-AICTLROTNFPTPTSOSFOTRFNO ~ Despite What Looked Like Mountains Of Evidence – Almost Nobody With Any Connection To The Crisis Was Even Threatened With Criminal Prosecution – We Were Letting Major Systemic Offenders Walk – Bypassing The Opportunity For Important Symbolic Prosecutions – And Instead Committing The Limited Resources Of The Nation’s Financial Police To Putting The Smallest Of Small Fry On The Rack For Negligible Offenses

~ TAO-CC-SDRTWSAR-TWAAGSSOTEPIAANC ~ The Architects Of – Collateral Consequences – Seemingly Didn’t Realize They Were Starting A Revolution – They Were Accelerating A Government-Sponsored Sorting Of The Entire Population Into Arrestable And Nonarrestable Classes

~ TBAT-LBODFDC-WMFTCO-ARS-TMMFBTTOB-LRMWMOAGS-HTCAOC-TOPWAS-ABF~ The Bank Admitted To – Laundering Billions Of Dollars For Drug Cartels – Washing Money For Terrorist-Connected Organizations – Allowing Rogue States – To Move Money Freely By The The Tens Of Billions – Letting Russian Mobsters Wash Money On A Grand Scale – Helping Tax Cheats And Other Crooks – The Only Penalty Was A Settlement – A Big Fine

~ PTBFSE-WTTRGIR-T-LIBOR-CFNEPITWWHMOBOSA ~ Probably The Biggest Financial Scandal Ever – Working Together To Rig Global Interest Rates – Through – London Interbank Offered Rate – Consequences For Nearly Every Person In The World Who Has Money Or Buys Or Sells Anything – A $1.5 Billion Fine

~ TLISTBAUEAB-T-SC ~ The Law Isn’t Supposed To Be About Unspoken Excuses And Behind-The-Scenes Calculations

~ TUPDL-‘U’&’I’-DRA-IML-ABIM ~ The Usual Political Descriptors Like – “Unfairness” And “Injustice” – Don’t Really Apply – It’s More Like A Breakdown Into Madness

~ ‘OPT’-AFSOTS-LMWP-IHNIYCBAFSAT ~ “Obstructing Pedestrian Traffic” – Arrested For Standing On The Sidewalk – Like Most White People – I Had No Idea You Could Be Arrested For Such A Thing

~ UTACDTD-ITW-TPCAYFJAA ~ Ultimately This All Comes Down To Discretion – If They Want – The Police Can Arrest You For Just About Anything

~ TGBRYNHO ~ The Greatest Bank Robbery You Never Heard Of

~ IWTPTFCC-SBISTIWPITTNE ~ It Was The Perfect Twenty-First-Century Crime – So Broad In Scale That It Was Practically Invisible To The Naked Eye

~ F-HBOTWOTD-T-STTABB-BODWQM-OOTRO-C ~ First – Hefty Bonuses On The Way Out The Door – Then – Sold Themselves To Another Big Bank – Billions Of Dollars Were Quietly Moved – Out Of The Reach Of – Creditors

~ TODWBGATPKGBABED ~ Trillions Of Dollars Were Being Gambled And The Pots Kept Getting Bigger And Bigger Every Day

~ TDTGAWSWOTW-WUITRAPC-TAIAPOBS-E-AFMOWSATUSG ~ The Deals The Government And Wall Street Worked Out That Weekend – Were Unprecedented In Their Reach And Political Consequence – Transforming America Into A Permanent Oligarchical Bailout State – Essentially – A Formal Merger Of Wall Street And The U.S. Government

~ EDOWSMI-SEB&R-BTOTTAOSAAITTDFNITCC ~ Every Day On Wall Street Money Is – Stolen, Embezzled, Burgled, And Robbed – But The Mechanism Of These Thefts Are Often So Arcane And Idiosyncratic That They Don’t Fit Neatly Into The Criminal Code

~ WKTPP-APTMU-ITCOTB-AMSCADAITICPEVM ~ What Keeps The Poor Poor – And Pushes The Money Upward – Is The Complexity Of The Bureaucracy – A Maze So Complex And Dispiriting And Irrational That It Can’t Possibly Even Be Mapped

~ ATFC-ALOLLTT-O&O-Y-BTH-B-NOTBTWC-NTSH-MA ~ About The Financial Crisis – A Legend Our Leaders Like To Tell – Over And Over – Yes – Bad Things Happened – But – None Of Those Bad Things Were Crimes – Nothing To See Here – Move Along

~ ITLIAUE-OALEPOT-ASP-LEBPI-WCOAB-IIMU-WHTBRCTTPN ~ If The Law Is Applied Unequally Enough – Over A Long Enough Period Of Time – At Some Point – Law Enforcement Becomes Politically Illegitimate – Whole Classes Of Arrests Become – Illegal, Improper, Morally Unenforceable – We Have To Be Really Close To That Point Now

~ TISJEETEHOMOEBODIP-B-SNQEETFAITDSMASDIJ ~ There Is Somehow Just Enough Evidence To Extract Hundreds Of Millions Or Even Billions Of Dollars In Penalties – But – Somehow Not Quite Enough Evidence To Force Any Individual To Do So Much As A Day In Jail

~ RPWGATBG-NM-HWP-IF-TBOTWTOAVEWWIALS ~ Real Police Will Go After The Bad Guy – No Matter – How Well Protected – In Fact – The Best Of Them Will Take On A Villain Even When Winning Is A Long Shot

~ TVEITALS-INATAABD-BIRE ~ There’s Value Even In Trying And Losing Sometimes – It’s Not As Tangible As A Billion Dollars But It’s Real Enough

JOHN MICHAEL GREER ~ DARK AGE AMERICA ~ 2016

~ TDMBTLETTTECGABTNEIALBDAMTD-I-TBAUBOTEAAW-AUHBWHFITFOEG ~ The Dishonest Macroeconomic Bookkeeping That Leads Economists To Think That Externalized Costs Go Away Because They’re Not Entered Into Anyone’s Ledger Books Doesn’t Actually Make Them Disappear – Instead – They Become An Unrecognized Burden On The Economy As A Whole – An Unfelt Headwind Blowing With Hurricane Force In The Face Of Economic Growth

~ TMODAAGMOFOFW-ST-TR-AEIC ~ The Manufacture Of Derivatives And A Great Many Other Forms Of Fictive Wealth – Subtract Those – The Result – An Economy In Contraction

~ TIRITPJ-TEOMNAETMCEOAI-ATODIIALSAATCTLATFW-AMOT-ATTSS ~ The Intractable Rise In The Permanently Jobless – The Epidemic Of Malign Neglect Affecting Even The Most Crucial Elements Of America’s Infrastructure, And The Ongoing Decline In Income And Living Standards Among All Those Classes That Lack Access To Fictive Wealth – Among Many Other Things – All Tell The Same Story

~ IFFSTATPWJDOI-ATWUTCFCTTCO-AIWATNOPWATTEID ~ It’s Far From Surprising That All The People Whose Jobs Depend On Intermediation – All The Way Up The Corporate Food Chain To The Corner Offices – Are Increasingly Worried About The Number Of People Who Are Trying To Engage In Disintermediation

~ T- ‘F’M-I-OC-NOTK-IC-IE-TWWTAAPFTGLFSOW-TFTEOOOTMHBHAWILP-IIHSBABLIOBF-IJOOTMDTMLI ~ The – “Free” Market – Is – Of Course – Nothing Of The Kind – It’s Compulsory – It’s Expensive – Those Who Want To Abstain Are Perfectly Free To Go Looking For Some Other Way – The Fact That Every Option Outside Of The Market Has Been Hedge Around With Impenetrable Legal Prohibitions – If It Hasn’t Simply Been Annihilated By Legal Fiat Or Brute Force – Is Just One Of Those Minor Details That Make Life Interesting

~ ACSAOAIZ-TEUWAHBOUI-SBAIFFOPA ~ A Complex Society At Or After Its Zenith – Typically Ends Up With A Huge Burden Of Unproductive Intermediaries – Supported By An Increasingly Fragile Foundation Of Productive Activity

~ TF-IIAF-TTVMOHS-ICC-HGBJFWMOAKBRIOCI ~ The Fact – It Is A Fact – That The Vast Majority Of Human Societies – Including Complex Civilizations – Have Gotten By Just Fine Without Money Of Any Kind Barely Registers In Our Collective Imagination

~ TGE-IWMOACGTEPTOMOTSCITETTGWBR-IIC ~ The Gift Economy – In Which Members Of A Community Give Their Excess Production To Other Members Of The Same Community In The Expectation That The Gift Will Be Reciprocated – Is Immensely Common

~ IIVETDIAME-AWAKFPE-TICSCFFWSTCTP ~ Intermediation Is Very Easy To Do In A Money Economy – As We All Know From Personal Experience – The Intermediaries Can Simply Charge Fees For Whatever Service They Claim To Provide

~ WMG-IF-TOOTUROPE ~ Where Money Goes – Intermediation Follows – That’s One Of The Unmentionable Realities Of Political Economy

~ TLOPAETTLOEACNBBNB ~ The Laws Of Physics And Ecology Trump The Laws Of Economics And Can Neither Be Bribed Nor Bought

~ ITGASAA-ABSFOGCWCTF-AITPWHTGASNTMTTWG-TSIT ~ If The Goods And Services Aren’t Available – A Basement Safe Full Of Gold Coins Won’t Change That Fact – And If The People Who Have The Goods And Services Need Them More Than They Want Gold – The Same Is True

~ TOAVHADIASWTROLHBD:TAVTWADRDF ~ Tokens Of Abstract Value Have Another Disadvantage In A Society Where The Rule Of Law Has Broken Down: They Attract Violence The Way A Dead Rat Draws Files

~ EHSLTTTICCAIP-WTHTB-ATBAAEAOHE ~ Every Human Society Likes To Think That Its Core Cultural And Intellectual Projects – Whatever Those Happen To Be – Are The Be-All And End-All Of Human Existence

~ TTBIPLTTONTAROOO-IAMCFRNTTBLOEO ~ Though True Believers In Progress Like To Think Of New Technologies As Replacements For Older Ones – Its Actually More Common For New Technologies To Be Layered Over Existing Ones

~ WSAOOICIOCPTACOS-TSNTT-ATH-ATWTWAAWCATTOTC ~ When A Society Assigns One Of Its Core Intellectual Or Cultural Projects To A Community Of Specialists – Those Specialists Need To Think – And Think Hard – About The Way Their Words And Actions Will Come Across To Those Outside That Community

~ TWATWTBOSRATDRRTPAWATP-BTTHLSP-TD-TBORADMUTSL-WTCANCMD ~ There Was A Time When The Benefits Of Scientific Research And Technological Development Routinely Reached The Poor As Well As The Privileged – But That Time Has Long Since Passed – These Days – The Benefits Of Research And Development Move Up The Social Ladder – While The Costs And Negative Consequences Move Down

~ TPOTSPBBIHBAOS-TD-IAFWSCICWSM-SSAIJADOM-FIRBPTPTNODSTGTUC-TTSCO’O’DTDSTC ~ The Prostitution Of The Scientific Process By Business Interests Has Become An Open Scandal – These Days – In Any Field Where Science Comes Into Contact With Serious Money – Scientific Studies Are Increasingly Just Another Dimension Of Marketing – From Influential Researchers Being Paid To Put Their Names On Dubious Studies To Give Them Unearned Credibility – To The Systematic Concealment Of “Outlying” Data That Doesn’t Support The Claims

~ TTOT ~ The Twilight Of Technology

~ RTARSOPBITTPDE-ADTWD-IOOHATBC ~ Responding To A Rising Spiral Of Problems By Insisting That The Problems Don’t Exist – And Denouncing Those Who Demur – Is One Of History’s All-Time Bad Choices

~ ASCCBMTTI-DAMES-IBPUBASOFGWADRTSAM ~ A Strong Case Can Be Made That The Internet – Doesn’t Actually Make Economic Sense – It’s Being Propped Up By A Set Of Financial Gimmickry With A Distinct Resemblance To Smoke And Mirrors

~ TTPWWIDC ~ Talk To People Who Work In Data Centers

~ DCANCTR-TAMTOT-A-TOOPOTVIWCTI ~ Data Centers Are Not Cheap To Run – There Are Many Thousands Of Them – And – They’re Only One Part Of The Vast Infrastructure We Call The Internet

~ ALATPCOACCIAAAFTBI-TCT ~ As Long As The Political Class Of A Civilization Can Inspire Admiration And Affection From Those Below It – The Civilization Thrives

~ LESS – Less Energy, Stuff, Stimulation

~ WLPTPAWDAFCBA-OEAOALS ~ We’re Long Past The Point At Which Decline And Fall Can Be Avoided – Or Even Ameliorated On Any Large Scale

~ IBSBTOSOETIBPTPFAFWH ~ It’s By Stepping Beyond That Overdeveloped Sense Of Entitlement That It Becomes Possible To Plan For A Future Worth Having

~ CF&ATR ~ Collapse First And Avoid The Rush

~ LGOTDOOOUEUTLFTPAAMIETSASOTUCNTHSMATRTOP ~ Letting Go Of The Delusion Of Our Own Uniqueness Enables Us To Learn From The Past And Also Makes It Easier To Set Aside Some Of The Unproductive Cultural Narratives That Hamstring So Many Attempt To Respond To Our Predicament

GARY HAUGEN + VICTOR BOUTROS ~ THE 15-70-15 RULE ~ THE LOCUST EFFECT

~ 15%-IOUTCPAAFPPP ~ 15 Percent – Intent On Using Their Coercive Power And Authority For Purely Predatory Purposes

~ 15%-ITDGATSTP ~ 15 Percent – Intent To Do Good And To Serve The Pubic

~ 70%-SWTSWOTTFIGTPIDTOCAISOR ~ 70 Percent – Simply Waiting To See Which Of These Two Factions Is Going To Prevail In Dominating The Organizational Culture And Its System Of Rewards