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

GARY HAUGEN + VICTOR BOUTROS ~ THE LOCUST EFFECT

~ TEOPRTEOV ~ The End Of Poverty Requires The End Of Violence

~ TVSWOV ~ The Vast Subterranean World Of Violence

~ TRIVHFOTS-B-MAOVATPAIH ~ This Reality Is Very Hard For Outsiders To See – Because – Most Acts Of Violence Against The Poor Are Intentionally Hidden

~ AESEOAFLAT-EM ~ An Entire Subterranean Economy Of Abduction, Forced Labor, And Torture – Engulfing Millions

~ VIAMAPOWIMTBPA-B-HSHOJ-IF-VIFTPTPPAMCA-IIOOTCRTAPITFP-AOOTPRTSP ~ Violence Is As Much A Part Of What It Means To Be Poor As – Being – Hungry, Sick, Homeless, Or Jobless – In Fact – Violence Is Frequently The Problem That Poor People Are Most Concerned About – It Is One Of The Core Reasons They Are Poor In The First Place – And One Of The Primary Reasons They Stay Poor

~ SV-OOTMPADSOVATP ~ Sexual Violence – One Of The Most Pervasive And Devastating Sources Of Violence Against The Poor

~ LSDP-SVHSIENACOTDW-THSAWOAPOWCAC-IIOWAGWARV ~ Like Some Dread Plague – Sexual Violence Has Seeped Into Every Nook And Cranny Of The Developing World – The Homes, Schools, Alleys, Workplaces, Orphanages And Places Of Worship, Commerce, And Care – It Is Overwhelmingly Women And Girls Who Are The Victims

~ THCBAPOSLBFTPWAG ~ The Home Can Be A Place Of Silent, Lawless Brutality For The Poorest Women And Girls

~ OOTPRGDGTSITDWISV ~ One Of The Primary Reasons Girls Don’t Go To School In The Developing World Is Sexual Violence

~ SVIAB-EDTAMOPWAROSMAPOACT ~ Sexual Violence Is A Business – Every Day There Are Millions Of People Who Are Raped Or Sexually Molested As Part Of A Commercial Transaction

~ ‘PG’ ~ “Property Grabbing”

~ MOTWPPLICIWTCBSTOOTHAOTLBTINRRKSFADWOTLATP ~ Most Of The World’s Poorest People Live In Circumstances In Which They Can Be Summarily Thrown Out Of Their Homes And Off Their Land Because There Is No Reliable Record Keeping System For Accurately Demonstrating Who Owns The Land And The Property

~ TBEOTSPATACBSAIAITVLS ~ The Best Efforts Of The Struggling Poor And Their Allies Can Be Swept Away In An Instance Through Violent Land Seizures

~ APAAD ~ Abusive Police And Arbitrary Detention

~ TIOLEITDWAAATTV-TIPWTPHBTTTTW-TMPCAPPFTGPIFTOPF ~ The Institutions Of Law Enforcement In The Developing World Are Actually Adding To The Violence – This Is Precisely What The Poor Have Been Trying To Tell The World – The Most Pervasive Criminal And Predatory Presence For The Global Poor Is Frequently Their Own Police Force

~ AD ~ Abusive Detention

~ AGFAPPAATDW-BPUATIJBTPOFC-AAWOEMSAPAOGAS ~ A Great Fear Among Poor People All Around The Developing World – Begin Picked Up And Thrown In Jail By The Police On False Charges – As A Way Of Extorting Money, Sex Acts, Property And Other Goods And Services

~ FFFIAIAFFW-IIITTEOOTRWTO ~ Freedom From Fear Is As Important As Freedom From Want – It Is Impossible To Truly Enjoy One Of These Rights Without The Other

~ ERSLOPTVTOECBDTPH-EIIIOOTFPA-TDHE ~ Even Relatively Small Losses Of Property Through Violent Theft Or Extortion Can Be Debilitating To Poor Households – Especially If It Is One Of Their Few Productive Assets – They Don’t Have Extras

~ IABIVBV-LU-E-A-ACW-TREIDAW-ATP-MPALTBDUTB ~ If A Breadwinner Is Victimized By Violence – Locked Up – Enslaved – Assaulted – And Can’t Work – The Ripple Effect Is Deep And Wide – Among The Poor – More People Are Likely To Be Dependent Upon That Breadwinner

~ THCOT ~ The Hidden Cost Of Trauma

~ TGDOVII-IITDOTPI ~ The Greatest Devastation Of Violence Is Invisible – It Is The Destruction Of The Person Inside

~ IWCOTLE-NEGPDTHTPWBTS ~ If We Can’t Overcome The Locust Effect – Nothing Else Good People Do To Help The Poor Will Be Truly Sustainable

~ BEPJSITDWICDD-AU ~ Building Effective Public Justice Systems In The Developing World Is Costly, Difficult, Dangerous – And Unlikely

~ IICTTCNAATLVMBA ~ It Is Certainly True That Cultural Norms And Attitudes That Legitimate Violence Must Be Addressed

~ IDN-E&B-A-‘TEN’-FIWP-CPTPIABWAPWAMCOTTPTNETL-TPACOBTPAPTWOABTMV ~ In Developing Nations – Extortion And Bribery – Are – “The Expected Norm” – For Interactions With The Police – Corruption Places The Poor In A Bidding War Against Perpetrators Who Are Making Counter Offers To The Police To Not Enforce The Law – The Police Are Co-Opted By The Powerful And Put To Work Oppressing And Bullying The Most Vulnerable

~ TSRIT:TPDHPP ~ The Stark Reality Is This: The Poor Don’t Have Police Protection

~ ADD ~ A Dream Devastated

~ CNOTJDS ~ Catastrophic Neglect Of The Justice Delivery System

~ OCTLSICIAFL-TTLOTCP-ANOTPAEE ~ Of Course The Legal System Is Conducted In A Foreign Language – That’s The Language Of The Colonial Power – And Now Of The Political And Economic Elite

~ PJAPL ~ Private Justice And Public Lawlessness

~ EDNNAEPJSTPTFBVBO-B-TMNABPJSTPTFBHAFVO ~ Elites Do Not Need An Effective Public Justice System To Protect Them From Being Victimized By Others – But – They May Need A Broken Public Justice System To Protect Them From Being Held Accountable For Victimizing Others

~ BJSAITTHB-ECJSTIOTM ~ Broken Public Justice Systems Auction Impunity To The Highest Bidder – Effective Criminal Justice Systems Take Impunity Off The Market

~ SV ~ Security Vacuums

~ IC ~ International Crime

~ TTHSCFTIACTRIIPTATLTIUSMOETATP ~ The Time Has Surely Come For The International Aid Community To Revise Its Investment Priorities To Address The Lawlessness That Is Undermining So Many Other Efforts To Assist The Poor

~ STBFJSITDWALTSOWTALLACFWTCTFOAVCCSASB-TPTISEASOLLACF ~ Struggles To Build Functioning Justice Systems In The Developing World Are Likely To Succeed Only Where There Are Local Leaders And Community Forces Willing To Carry The Fight On A Very Committed, Costly, Sustained, And Sacrificial Basis – This Priorities The Identification, Support, Encouragement, And Strengthening Of Local Leaders And Community Forces

~ TPWITPJSITDWA-GVPP-O-IT-PM-UR-FTSTWAADODL-A-TICOAGRVAT ~ The People Working In The Public Justice Systems In The Developing World Are – Generally Very Poorly Paid – Overworked – Ill-Trained – Poorly Managed – Under-Resourced – Forced To Serve The Whims And Arbitrary Demands Of Dysfunctional Leaders – And – Trained In Cultures Of Abuse, Gratuitous Rudeness, Violence, And Theft

~ DPOH ~ Demonstrations Projects Of Hope

~ 15-70-15 ~ The 15-70-15 Rule

~ BSD ~ Build Social Demand

~ LFDCRITS ~ Look For Decisive, Courageous Reformers Inside The System

~ ACITCJSF ~ Attack Corruption In The Criminal Justice System First

~ CHAEIFPC ~ Clean House And End Impunity For Police Corruption

~ TTNPWR ~ Treat The New Police With Respect

~ WPTTECFAPR ~ Win Public Trust Through Effective Crime Fighting And Public Relations

~ IBTJ ~ International Bridges To Justice

~ JSR ~ Justice Sector Roundtables

~ RAC ~ Rights Awareness Campaigns

~ DRC&TPOLS ~ Defender Resource Centers And The Provision Of Legal Services

~ T-DOT-I-IDOPARAP ~ Transformed – Days Of Tragedy – Into – Iconic Days Of Public Awareness, Remembrance And Protest

~ LEOTP ~ Legal Empowerment Of The Poor

~ TTCAGP-WWSOGP-WMSOTVIITP ~ Transform The Conversation About Global Poverty – Whenever We Speak Of Global Poverty – We Must Speak Of The Violence Imbedded In That Poverty

~ TPOVDETW-H-DW-D-I-U-GD-H-S-BFTP-VIEBAD-A-IFTHFUSTTON ~ The Problem Of Violence Deserves Equal Time With – Hunger – Dirty Water – Disease – Illiteracy – Unemployment – Gender Discrimination – Housing – Sanitation – Because For The Poor – Violence Is Every Bit As Devastating – And – Is Frequently The Hidden Force Undermining Solutions To These Other Needs

~ FFVAF ~ Freedom From Violence And Fear

HAL NIEDZVIECKI ~ TREES ON MARS

~ OOWTF ~ Our Obsession With The Future

~ CT ~ Chasing Tomorrow

~ LM-LSHWST ~ Language Matters – Language Shapes How We See Things

~ TFNISOML-AOMLSHWTTSLAFIPS ~ The Future-Now Ideology Shapes Our Mental Landscape – And Our Mental Landscape Shapes How We Think Things Should Look And Feel In Physical Space

~ CAPTHTOSATVN ~ Companies Actually Pay To Have Their Offices Stripped Away To Virtually Nothing

~ GTTFBTFGTY ~ Get To The Future Before The Future Gets To You

~ TOOSAD-B-TDSTDA ~ The Odds Of Success Are Daunting – But – This Doesn’t Seem To Deter Anyone

~ TF ~ Teaching Future

~ CFDSITNNA ~ Crusty Fuddy-Duddies Stuck In Time Need Not Apply

~ STEM ~ Science, Technology, Engineering, Math

~ TMIS-TPIAWL0BTFITOTTM ~ The Message Isn’t Subtle – The Past Is A Wasteful Luxury – Building The Future Is The Only Thing That Matters

~ WALTHAPWCFOWCNABIBAED ~ We Are Looking To Hire A Person Who Can Figure Out What’s Coming Next And Build It Before Anyone Else Does

~ TIOPFI(NS)SBSTRITI ~ The Ideology Of Permanent Future Is (Not So) Slowly But Surely Taking Root In The Institution

~ AWTT ~ Again With The Tricorder

~ DH ~ Data Harvest

~ OTFAEII ~ Owning The Future And Everyone In It

~ CRIME ~ Consolidated Records Intelligence Mining Environment

~ ATMWDBPIPITIVECBUAATTFEP ~ Among The Many Ways Data-Based Prediction Is Problematic Is That It Very Easily Can Be Used As A Tool To Further Entrench Prejudices

~ TAAINOCWBPITHCODATTBCOWIC ~ There Are An Increasing Number Of Companies Whose Business Plan Is To Harvest Cast-Off Data And Turn That Bumper Crop Of Weeds Into Cash

~ BDUAETH-IIEATETF ~ Big Data Underpins Almost Everything That Happens – It Is Emerging As The Essential Technological Framework

~ BD-“ANCOEA” ~ Big Data – “A New Class Of Economic Asset”

~ KWIGTHIFMETRTEATF-ASCWIGTHIMEOA ~ Knowing What Is Going To Happen Is Far More Efficient Than Responding To Events After The Fact – And Systematically Controlling What Is Going To Happen Is Most Efficient Of All

~ ALOPACANMALOMOOOD-BWANMAC ~ A Lot Of People And Corporations Are Now Making A Lot Of Money Off Of Our Data – But We Are Not Making A Cent

~ EIYWTOOOBD-IWBI ~ Even If You Wanted To Opt Out Of Big Data – It Would Be Impossible

~ OMAVTTPOTF ~ Our Minds Are Vulnerable To The Pull Of The Future

~ PII ~ Psychologically Irresistible Ideology

~ WTMBTI ~ When The Magic Became The Information

~ IOGSCTTCAIICFEOATWWLI-WALFTQF ~ Instead Of Generating Social Certainty Through The Collective Actions Inherent In Caring For Each Other And The World We Live In – We Are Looking For The Quick Fix

~ IITPOPAFPHNBG ~ Interest In The Psychology Of Prediction And Future Perception Has Never Been Greater

~ TFITFAM-ITNP-ITNN ~ The Future Isn’t The Future Any More – It’s The Next Present – It’s The New Now

~ WBOIWACBBOTF ~ We’ve Built Our Incredible Wealth And Comfort By Borrowing On The Future

~ TMBAW-WSTO-FUTKDWWAD ~ There Must Be A Way – We Say To Ourselves – For Us To Keep Doing What We’ve Always Done

~ THR ~ The Human Robot

~ HEID ~ Homo Economicus In Decline

~ UATFINE ~ Uncertainty About The Future Is Now Endemic

~ FSAA ~ Future Shock And Awe

~ AF ~ Anxiety Factory

~ TDTP-TFATR-AJWIWASTPO-TRC ~ They Did Their Part – They Followed All The Rules – And Just When It Was All Supposed To Pay Off – The Rules Changed

~ BTI ~ Biology Trumps Ideology

~ OBHDOACLOS-TKTWHTWBPSTWHY ~ Our Brain’s Health Depends On A Certain Level Of Stability – The Knowledge That What Happens Tomorrow Will Be Pretty Similar To What Happened Yesterday

~ IYDSUYWRMOOWBPLYAGTBDN-CYTTR? ~ If You Don’t Sign Up You Will Risk Missing Out On What Beautiful People Like You Are Going To Be Doing Next – Can You Take That Risk?

~ WWA-MAA-MFO-IOFTTAOC-WFNC-BTWWFTEC-WFBLB-WFLO ~ What We Are – Most Anxious About – Most Fearful Of – Is Our Failure To Take Advantage Of Change – We Fear Not Change – But That We Will Fail To Embrace Change – We Fear Being Left Behind – We Fear Losing Out

~ EFTPF ~ Escape From The Permanent Future

~ TPOH ~ The Problem Of Hope

~ TTOMO-AMFTSMOAWWAWLH(F)EA ~ The Trees-On-Mars Option – A Metaphor For The Singular Moment Of Arrival When We All Will Live Happily (For)Ever After

~ AEFATG ~ An Enthusiasm For All Things Gadget

~ TTF-WINDMI-SDFAAIPOTPTW(T)WSA ~ The Techno-Futurists – Whose Ideas Now Dominate Mainstream Ideology – See Destabilizing Fragmentation As An Inevitable Part Of The Perfect Thing We (They) Will Soon Achieve

~ WDWTBITGBSP3DPITS ~ Who Doesn’t Want To Believe In The Great Big Solar-Powered 3-D Printer In The Sky

~ E-WSTETTGHOFIJATC-A-WAATWTB ~ Everyday – We See The Evidence That The Great Hope Of Future Is Just Around The Corner – And – We Are All Too Willing To Believe

~ ETMWMDSTHTFTGOAGF-CWAHPTSSIAP ~ Even The Most Well-Meaning Devices Seeking To Harness Technology For The Goal Of A Greener Future – Comes With A Hidden Price That Someone, Somewhere, Is Already Paying

~ IIRTBTWCIOWOOTCTIHFUI? ~ Is It Rational To Believe That We Can Innovate Our Way Out Of The Corner That Innovation Has Forced Us Into?

~ ASHSWLITSOOC-LFTFPOFLMR?-WSLBSTMSOIA-BNCTFPAMIOBW ~ And So How Should We Live In The Shadow Of Ongoing Collapse – Liberated From The False Promise Of Future’s Last Minute Redemption? – We Should Live By Struggling To Make Sense Of It All – By Never Ceasing To Find Purpose And Meaning In Our Broken World

~ TTSOHWGH ~ Tell The Story Of How We Got Here

~ EWDMM-TU-A-TTAU ~ Everything We Do Makes Meaning – To Us – And – To Those Around Us

~ WCCOWTPOP ~ We Can Carry On Without The Pretense Of Pretending

WILLIAM BONNER + ADDISON WIGGIN ~ THE NEW EMPIRE OF DEBT ~ 2006 + 2009

~ NFISLATIOGSFN ~ No Fraud Is So Lovable As The Illusion Of Getting Something For Nothing

~ ASB‘SN’ ~ America Soon Became “Shareholder Nation”

~ SSPNRITSS-GNALUTLPLTOLITOW ~ Supply-Side Policies Never Really Increased The Supply Side – Government Never Actually Lightened Up To Let People Live Their Own Lives In Their Own Ways

~ AAEM-TICBMAMET ~ As An Empire Matures – The Imperial Citizens Believe More And More Extravagant Things

~ TLOTDATDOTUWBI-I-ATSTMWCITHAN ~ The Lessons Of The Dead And The Desires Of The Unborn Were Both Ignored – Instead – All That Seemed To Matter Was Consumption In The Here And Now

~ TTWTTFJBCSTM;TTT-A-TOTTMHBUTITFHBAIFONMCD ~ The Trouble Was That The Facts Had Been Corrupted So They No Longer Told The Truth – And – The Old Theories That Might Have Been Used To Interpret The Facts Had Been Abandoned In Favor Of New More Convenient Delusions

~ ACNRUAMDATW-STNT ~ Americans Could Now Run Up As Much Debt As They Wanted – Said The New Theorists

~ AOSIPOWAATDTATOE-IWH-TS-IWG-IWS ~ Abuse Of Statistics Is Part Of What Allowed Americans To Deceive Themselves About Their Own Economy – It Was Healthy – They Said – It Was Growing – It Was Stable

~ IWOTAWBTTAI-TAETSMTIEIID-BTTFAEWTSS ~ It Was Obvious To Anyone Who Bothered To Think About It – That An Economy That Spends More Than It Earns Is In Decline – But Try To Find An Economist Willing To Say So

~ AF-HCFG-IILBTFTKW ~ At First – Higher Consumption Feels Good – It Is Like Burning The Furniture To Keep Warm

~ RTALABTDFTWRTWA-TCPATUSFRDFT-HTCKEWLRSALAICENHNBE ~ Rather Than Allow Lenders And Borrowers To Decide For Themselves What Rates They Would Accept – The Central Planners At The U.S. Federal Reserve Decided For Them – How They Can Know Exactly What Lending Rate Such A Large And Infinitely Complex Economy Needs Has Never Been Explained

~ MIF ~ Modern Imperial Finance

~ GAID ~ Globalization And Its Discontents

~ TEOHHBAST-B-TNSTA ~ The End Of History Has Been Announced Several Times – But – It Never Seems To Arrive

~ WARNWNASB-BACSB-PWS-BOC-NFP ~ What America Really Needed Was Not A Consumer Binge – But A Capital Spending Boom – People Were Spending – But On Consumption – Not Future Production

~ CDRTIHLIH-TEWTIBAOTW-A-TTTUSFTWLCTIBD ~ Consumer Debt Rose To Its Highest Level In History – The Effect Was To Inspire Bubbles All Over The World – And – To Transform The United States From The World’s Largest Creditor To Its Biggest Debtor

~ UTDC-YNKQWYA-B-FEITCA-TADOEIRTPI-A-ALHTPIRTBI ~ Until The Disaster Comes – You Never Know Quite Where You Are – Because – For Every Imbecility That Comes Along – There Are Dozens Of Eager Intellectuals Ready To Promote It – And – At Least Half The Population Is Ready To Believe It

~ MEBWNLNF-TTTIRHMMGTTGU ~ Many Economists Believed We No Longer Needed Factories – They Thought The Information Revolution Had Many More Good Things To Give Us

~ NBHPBETBSMIT-BP-NBHSMITST ~ Never Before Had People Been Expected To Believed So Many Impossible Things – But, Perhaps – Never Before Had So Many Impossible Things Seemed True

~ FDB ~ Fin De Bubble

~ TBHT;IDBTTTTTBWI ~ They Believed Happy Things; It Didn’t Bother Them That The Things They Believed Were Impossible

~ AIHLALOMIOB-TPCWUTNOCA ~ After Investors Have Lost A Lot Of Money In One Bubble – They Practically Can’t Wait Until The Next One Comes Along

~ AGP ~ Americans Get Poorer

~ TCC ~ The Coming Correction

~ NBTDNE ~ Nothing Begins That Does Not End

~ PL-MF&CT-EWIFT ~ People Love – Myth, Fraud, And Claptrap – Especially When It Flatters Them

~ WYMLTPWCPTMB-TIOACOSDA ~ When You Make Loans To People Who Can’t Pay The Money Back – Trouble Is Only A Couple Of Standard Deviations Away

~ NPL ~ Nobel Prize Losers

~ TFIWWC-B-IWJDWIAD-SFFTM ~ The Financial Industry Was Widely Criticized – But – It Was Just Doing What It Always Does – Separating Fools From Their Money

~ NIETSTAS ~ Nobody Is Easier To Scam Then A Scammer

~ IWASKOLF-CWTCD ~ It Was A Strange Kind Of Laissez-Faire – Capitalism Without The Creative Destruction

~ IABS-TSWEOATAWNANMTPZ-ISOALATAENCTCTPMTTOO-AIAPS-TFOITSDVW ~ In A Broad Sense – The Social Welfare Economies Of All The Advanced Western Nations Are Nothing More Than Ponzi Schemes – It Survives Only As Long As There Are Enough New Contributors To Cover The Promises Made To The Old Ones – As In Any Ponzi Scheme – The First Ones Into The System Do Very Well

~ TWSIBD-MLICBR-TEODIC ~ The Whole System Is Breaking Down – Mostly Likely, It Cannot Be Repaired – The Empire Of Debt Is Collapsing

~ CB-AEK-A-R&S ~ Central Bankers – As Everyone Knows – Are – Rascals And Scalawags

~ IIETBSTTBG-TWTASMSP-ASFGO ~ It Is Easier To Be Smart Than To Be Good – That’s Why There Are So Many Smart People – And So Few Good Ones

~ TNGSTHNRWF-TVOTG-O-TFOTG-TDTWOTD-ALUTUWD ~ The Newest Generation Seems To Have No Regard Whatever For – The Virtues Of Their Grandparents – Or – The Futures Of Their Grandchildren – They Disregard The Wisdom Of The Dead – And Load Up The Unborn With Debt

~ B-C-W-TIPCM ~ Bread – Circuses – War – The Imperial Program Costs Money

~ TLTRS-TMPBCTTWNC-ALATCBDB-WNHMSOI? ~ The Longer Things Remain Stable – The More People Become Convinced That They Will Never Change – As Long As The Camel’s Back Doesn’t Break – Why Not Heap More Straw On It?