Thursday, July 14, 2011
Further, I heard the reporters interviewing, for the most part, the very wealthiest who explain that this is all good. There were a few interviews with workers and union people but the most amount of time was given to the wealthy, as was the last word. I guess that in an emotional way since Italy is being ruled by a quasi-fascist party, it shouldn't be experiencing as much cognitive dissonance as say Spain or Greece, with their socialists. Not that that makes the end result any more comfortable for the the people who are getting screwed, but still I guess it is something to help warm one over the Sterno fire.
I would guess that one should think of this part of the great mandala of life. You know in cruder language: what goes around comes around. We have allowed the bankers in the IMF do just this to the third world for decades and watched as their tiny safety nets were destroyed to permit the bankers to make big buck, so when it comes back on the first world (say who is the second world any way?) there is a certain justice there. Except of course, our real rulers do not suffer at all.
As far as the budget ceiling talks in D.C. are concerned, for the most part, people who are writing about them seem to feel a need to take what is being discussed by the people there as some sort of serious discussion of what needs to be done economically. Even many of those who a few months ago argued that we need more deficit spending, are now discussing the relative merits of the various cutting spending and raising taxes proposals. The end result is going to be that the economy goes (further) south, no matter whose proposals are accepted and put into place. I guess one could talk about it in a kind of horse race or football analogy, but not as far as the merits. Since no position in these discussions has any merit.
Although, I guess if one views this as a kind of global implimentation of Shock Doctrine then I guess one could see the merit of the thing, if that is one is indeed a sociopath. Destroy, destroy, destroy.