Archive for the Book Reference Category

USA + FRN/PD – – > IMF + SDR – – > NDB + UMU? The “Universal Monetary Unit” . . . Coming To a Planet Near You (January 2, 2017)

Posted in AIIB, Banks and Banking System, Book Reference, BRICS, CFETS, CIPS, Dollar - World's Reserve Currency, Gold, Gold Standard, Hyperdive Economic Collapse, International Finance, International Monetary Fund, Money, Petrodollar, SDR - Special Drawing Rights, Special Drawing Rights (SDR), Trade, Universal Monetary Unit, World's Reserve Currency on January 2, 2017 by e-commentary.org

. . .

K          “Remember way back on October 1 when the International Monetary Fund (IMF) implemented the modified composition of the Special Drawing Rights (SDR) that includes for the first time the Chinese Renminbi (RMB) along with the United States Dollar (FRN/PD), the Euro (€), the British Pound Sterling (£) and the Japanese Yen (¥) in the Great Valuation Basket?”

J          “Couldn’t forget.  To celebrate the transition, we got the entire day off.”

K          “The Federal Reserve Note/PetroDollar maintained its percentage share of the portfolio with the Euro, Pound and Yen yielding room for the new kid on the block.  The way I see it, the evolution of the SDR may be too slow for Brazil, Russia, India, China and South Africa (the BRICS countries) and other countries (the BRICS+ countries) and still leaves the FRN/PD as the world’s reserve currency.”

J          “They say more countries are getting cranky that the FRN/PD remains the mandatory currency peg for trade on the global market.  Last Thursday, the China Foreign Exchange Trade System (CFETS), the foreign exchange trading platform operator, announced that it is adjusting the way it calculates the CFETS Yuan Index which is a critical measure of the Yuan against a basket of currencies, starting yesterday.”

K          “And you got the entire day off.” 

J          “And today, for good measure.  They say that the USA will not allow the IMF to revisit the composition of the SDRs again for years.  The problem for the BRICS+ countries is that the United States has veto power over the composition of the SDR and will block any attempt to accelerate the transition to incorporate other currencies.”

K          “Think about this possible scenario.  The BRICS+ countries may make an end run and expand the mandate and activities of what is now known as the New Development Bank (NDB) and create a Universal Monetary Unit (UMU) constituted of the Chinese RMB, Russian Ruble, Indian Rupee, South African Rand, Brazilian Real, good old gold (Alpha uniform) and a smorgasbord of other currencies.”     

J          “While they are at it, the South African Kruggerand could supplant the Rand and serve as the gold component or part of the gold component.”

K          “Who knows, when they do that, you may get the week off of work.”

J          “Count me in and count me off.  And to provide for a smoother transition, include in the new generation UMU the current currencies in the SDR in diluted amounts.  A measured and gradual approach is prudent.  Interdependent economies and unintended consequences, you know.”

K          “While they are at it, they could go full in.  The Cross-Border Inter-Bank Payment System sometimes known as the China Interbank Payment System (CIPS) could develop into a comparable transnational multilateral payment system as a complement to and to compete with the Society for Worldwide Interbank Financial Telecommunication (SWIFT).”

J          “That’s exactly what I was going to suggest.  An economy needs a ‘thing’ to serve as money/currency/chits/script/wampum and a means to reconcile payments.  The BRICS+ countries have no reason to wait another half decade when they can do it themselves.”

. . .

J          “Or the BRICS+ countries may force the issue at the IMF meeting in Rome, District of Columbia on April 21 – 23.”

K          “And you will get at least two days off of work.”

J          “Can’t forget.  Stay tuned.”

. . .

K          “Someone surely has thought and wondered about these possible developments.”

J          “You think?  I wonder if anyone cares.  What’s on tv?”

. . .

[See the e-commentary at “The Mandibles, FRNs, SDRs, IMF, G20, WTD! (September 5, 2016)” and “Dollar – World’s Reserve Currency”.]

Bumper stickers of the week:

The “Universal Monetary Unit” . . . Coming To a Planet Near You

Paper [Money] Is Patriotic

Fight the War on Cash

 

Living In The “Peoplocene Age”.  The Inconvenient Truth:  Renewable Energy Is Not Sustainable; The Population Must Be Restrainable.  (December 12, 2016)

Posted in Book Reference, Carbon Surcharge & Dividend, Climate, Collapse, Consumerism, Environment, Gas/Fossil Fuel, Global Climate Change, Global Warming, Overpopulation, Peoplocene Age, Population, Society, Taxation, Technology, Water on December 12, 2016 by e-commentary.org

. . .

K          “It’s too late?”

J          “It is too late.”

. . .

J          “But we pretend and extend.”

K          “Get up, put on your socks, and soldier on.”

. . .

J          “We are producing far more babies than solar panels.  That scenario is not changing under any scenario.  There is very little hope, there is only collective delusion within the collective.”

K          “Ironic that so many will not acknowledge our global plight and others who will acknowledge our situation do not even acknowledge the underlying and overriding problem.  The ‘Peoplocene Age’ is upon us and we do not know it.”

J          “The ‘Peoplobscene Age’?  Too many people, too little planet.”

. . .

K          “The plebiscite on global climate destruction takes place in the specialized voting booths known as the maternity wards of the world one new voter at a time.  The votes are tallied every day, the voting booth never closes and the decision is unanimous and uncontested.  Everyone endorses global climate devastation one baby at a time.”

J          “We need to reduce the load.  Period.  The only viable solution is to produce fewer people not to delude ourselves into thinking we can produce more panels and power.”

. . .

K          “The inconvenient truth is that renewable energy is not the answer, now or in the long run.  If one honestly calculates all the costs including every opportunity cost, the total cost of renewable energy does not and never will pencil out.”

J          “My concern is that we are not allowed to provide that answer, so we are not allowed even to ask the question.”

. . .

K          “We are in the flood right now.  I don’t recall anyone in the movie even once mentioning overpopulation.  Go through the flick and replace the phrase ‘reduce fossil fuels’ with ‘reduce world population.’  The only sustainable energy policy is a people policy.”

. . .

J          “There are more neurosurgeons than skilled solar panel installers.  Americans contend in response that they can simply wave a wand and the problem is solved.  If the government – or the private sector with generous tax breaks, credits and deductions  – commits to training more solar panel installers, voila, we will have more solar panel installers.  But at what real cost?”   

. . .

J          “Those people who are here must reduce their load.  Period.  Everyone wants to live like they do in Bethesda-Chevy Chase; no one can sustainably live like they do in Bethesda-Chevy Chase.  The Republicans delude the populace that they can live the Bethesda-Chevy Chase lifestyle simply by demanding to live the Bethesda-Chevy Chase lifestyle.”

. . .

K          “The planet will support 500,000,000 souls comfortably and 5,000,000,000 souls uncomfortably.  We are grossly over gross.  Overpopulation is at the headwaters of all of our problems.”

J          “And first and foremost among the downstream problems is our growing inability to provide clean, available and affordable water.”

K          “We need to reverse the two trends.  We need to quit depositing more humans on the planet and quit removing other species off the planet.”

. . .

J          “Yet, by definition, it cannot be the biggest problem confronting humanity unless you use the word ‘terrorist’ to describe it.”

K          “Okay.  Fair enough.  We have overpopulated the planet with almost 7.5 billion precious little miracle . . . terrorists.  And the numbers are growing.  There you go.”

J          “That should work.”

K          “Almost 7.5 billion precious little miracle terrorists are pummeling Mother Nature with poison.  Then we sprinkle nuclear reactors around the planet that are finicky nuclear bombs waiting to be detonated by default.  Pull the plug on electricity, pull the pin on the reactors.  The nuclear reactors are weapons of mass destruction that will go off when they cannot get the electricity to stay on.”

J          “The mutant shall inherent the earth.  We allow one country to pour radiation into the Pacific Ocean day in and day out for over five years and create the world’s largest Superfund Site.  The grazing ground for sea critters is toxic.”

K          “The Pacific Ocean Superfund site and other ocean Superfund Sites also have massive gyres of poisonous plastic and detritus spinning around.”

J          “The ultimate inconvenient truth is that the entire Earth is now a Superfund Site.”

. . .

K          “What if the government only provided a tax deduction of ‘x’ for the first child and ‘1/2 x’ for the second child?  Or no deduction?”

J          “The hard simple truth is that little can be done to slow population growth.  The load has overloaded us.”

K          “A carbon fee and dividend program?” 

. . .

J          “With so many available bodies, there are so many opportunities for corporations to exploit the vast pool of desperate workers.”

. . .

K          “We have met the enemy and it is a little miracle terrorist.  It is us.”

J          “Mother Nature is the only adult on the planet.  She is growing impatient.  Soon she will intercede.”

. . .

[See Daniel Quinn from “What a Way to Go:  Life at the End of Empire” and his “Advice for Young People” at minute 48.  Try to find some joy in this life without deluding yourself.]

[See the e-commentary at “On Overpopulation (June 14, 2010)”, “Kids As Consumer Durables (August 6, 2007)”, “Global Environmental Something (February 16, 2009)”, “A Gentle Landing On Earth (August 1, 2016)”, “‘It’s Only A Rental.’ The Earth As A Cosmic Doormat.  De-Immanentizing The Eschation. (September 28, 2015), “Global Climate Craziness (GCC) and Taxation (March 23, 2015)”, “On Roiling And Rolling Collapse (March 9, 2015)” and “Over Over-Population:  10 Billion Little Miracles (And Counting) (And Costing) (January 26, 2015)”.]

Bumper stickers of the week:

“We have met the enemy and it is a little miracle terrorist.  It is us.”  Nogo

We need to reduce the load.  Period. 

Be fruitful and don’t multiply; multiple fruit fruitfully

Slow climate destruction; practice birth control

Too many live people; too few dead dinosaurs.  To say nothing of the too chilling consequences of burning the few available dead dinosaurs (or whatever spawns gas and oil).

Price carbon

Stay calm and price carbon

Panic and price carbon

Better never than late?

Preserve the Nest; at all costs.

The mutant shall inherent the earth. 

Too many people, too little planet

“Can you think of any problem in any area of human endeavor on any scale, from microscopic to global, whose long-term solution is in any demonstrable way aided, assisted, or advanced by further increases in population, locally, nationally or globally?”  Albert Allen Bartlett, Great Challenge

The Mandibles, FRNs, SDRs, IMF, G20, WTD! (September 5, 2016)

Posted in Book Reference, Collapse, Courts, Debt/Deficits, Dollar - World's Reserve Currency, Federal Reserve, Gold, Gold Standard, Guns, INFORM Act, International Finance, International Monetary Fund, Journalism, Money, Newspapers, Petrodollar, Press/Media, SDR - Special Drawing Rights, Silver, Silver Standard, Special Drawing Rights (SDR), World's Reserve Currency on September 5, 2016 by e-commentary.org

. . .

X          “Some of the folks at the G20 Summit may kick around the future composition of the ‘Special Drawing Rights’ that is emerging as the new world’s reserve currency.  The International Monetary Fund formally sets the composition of the SDRs, yet the major players gathered in China yesterday to discuss such matters.  A thing is now being described as a right.”

Z          “Sounds like they are creating a right to reach first for your gun.”

X          “Or they are sketching a new picture of the economic future based on rights rather than on power and circumstance.”

Z          “Or someone special who has been allowed to have the only gun in the great currency gunfight now must play well with others who are suitably armed.”

X          “Or the one with the big gun is now being disarmed.”

. . .

X          “Felicitous publication really.”

Z          “Timely, even.  The times they are changin’ the way we will make change in the near future.”

X          “In The Mandibles, Lionel Shriver adopts Keynes’ term ‘Bancor’ rather than the new age term ‘SDR’ to describe supplementary foreign exchange reserve assets.  As the U.S. Petrodollar slips as the world’s reserve currency and then as the dominant component of the SDR/Bancor, the United States people will slip to second-world status in the world.”

Z          “The way I describe it, when the Petrodollar is no longer the big dog, the United States is no longer the leader of the pack.”

X          “Prices will increase and perhaps double in short order before more structural disorder devolves.  Our McMansions still will sport baroque brushed nickel bathroom fixtures in the multiple bathrooms, yet in due course the water coursing through the corroding pipes will be increasingly intermittent and decreasingly safe.”

Z          “Many of us have those problems now while everything appears to be dory hunky.”

. . .

X          “Her description of the human consequences is very plausible, yet her explanation for the underlying causes is only partially complete.  Contemporary economic doctrine is exposed as voodoo and a specious secular religion that rationalizes those in power acquiring and retaining wealth.  The entitlement Ponzi scheme receives appropriate blame.  The pernicious involvement of the Federal Reserve is alluded to obliquely, yet the entrenched corruption and incompetence in every quarter are not addressed.”

Z          “She does not describe the institutions that are failing systematically and simultaneously.  Congress, courts, executives and executive agencies, bureaucrats, universities, news outlets, parents, preachers, prophets, you name it.  At some time, a fragile, fractured, fissured and fundamentally weak system of manipulation and intervention will fail with consequence.”

X          “She does observe that the traditional news fashioners are defunct.”

. . .

X          “‘The Chip’ is first described in an e-commentary titled ‘Monitoring The Masses:  The Card And The Chip’ published on January 12, 2015.  She further develops the human impact of implanting ‘The Chip’ to control and corral the masses.  ‘The Chip’ is so much more efficient and effective than the corn chip and football at sating the populace.”

Z          “‘The Chip’ is an electronic lobotomy that is more powerful, pervasive and perverse than fear or drugs.  Technology saves us.  I think that is what one would conclude.  Surely.”

. . .

X          “An empire cannot continue to mimeograph a fiat currency and force it on the rest of the world at great cost and consequence to the rest of the world without the rest of the world demurring at some point.”

Z          “And the rest of the world is becoming restive.”

X          “They are issuing SDR-denominated bonds.”

Z          “And they are selling oil without even acknowledging the Petrodollar.”

. . .

X          “In her novel, the U.S. government confiscates gold and disregards even basic civil liberties while confiscating the yellow stuff.”

Z          “Survey the universe of commentary on the subject and you discover that no one has ever even questioned that the government will confiscate gold when the stuff competes with the fake stuff.”

X          “The people of the United State of Nevada who seceded from the dysfunctional disunion agree that it is ‘dumb’ and ‘arbitrary,’ but they base their currency the ‘Continental’ on the gold standard.”

Z          “She does not see that the government would have eliminated cash of any kind years or decades earlier.”

X          “That is one of the harbingers of great danger.  When the government outlaws or confiscates Au, Ag, Fe, Pb, or even worthless fiat cash, the end of civil rights and civil liberties is near.”

Z          “Or here.”

 . .

[See the e-commentary at “Monitoring The Masses:  The Card And The Chip (January 12, 2015)”, “Brave 1984 Farm:  The Best Of All Possible Worlds (March 19, 2012)” and the e-commentary on the institutional distractions in our society at “Foot Longs and Football (September 2, 2013).”]

Bumper stickers of the week:

G20 > G7; SDR > FRN; World > USA   

In the intermediate run, a Kleptocracy is unsustainable.

The Gold Standard Revisited  (August 15, 2016)

Posted in Book Reference, Dollar - World's Reserve Currency, Gold, Gold Standard, Money, Nobel Prize, Noble Prize, Petrodollar, SDR - Special Drawing Rights, Silver, Silver Standard on August 15, 2016 by e-commentary.org

. . .

M          “You may be right.”

G          “I don’t want to be right.  But you just cannot trust the government.”

M          “It will never seem reasonable, but it is rational.  We must do something to restrain human nature and government excess.”

. . .

G          “Gold is an element.  Gold is a commodity.  Gold is a currency if folks act as if it is a currency.  Gold is what you make it.  The vote is coming in.  The Swiss not so much but who knows what to make about the election.  Those who vote in favor of the dollar or the pound and against gold as a currency may soon be . . . pounding sand.”

. . .

G          “As I recall, Keynes proclaimed that the gold standard, not gold per se, is a ‘barbarous relic.’  ‘Barbarian’ means ‘foreign.’  For example, ‘Barbara’ is a ‘foreign woman.’  So that might suggest that the gold standard, or at least gold, is popular in foreign countries.  And it is.  One point four billion Chinese and one point three billion Indians relish the element.  The Russians embrace it with both paws.”

M          “Seems that Au is A1 in the world today.”

. . .

M          “Tying human activity to an element such as Au seems so . . . confining.  And elemental.  Yet without something tethering human greed, ‘printing money’ is a temptation too great.  If he had known about it, Bill Shakespeare would have written about it.”

G          “You cannot trust the government.  And yet the great irony is that the government is not printing money.  The government has ceded power to the Federal Reserve which sounds like the government and yet is a private business that owes its allegiance to the banks and advances the welfare of the those in the stock market racket.” 

. . . 

M          “Keynes criticized the gold standard because it was a direct threat to his ego and his identity and his desire to make unbridled decisions.  That is the hallmark of what passed for the elite.”

G          “No one in power wants to be restrained by a standard.  Some standard is better than no standard.”

. . .

G          “The rule of law is a civilizing relic yet not one in currency today.  Even with more rules and laws on the books than ever in the history of humankind, the rule of law simply does not apply to those in power.  The law is no restraint.”

. . .

G          “The Nobel gang rewards those who shill for the fiat system and the central banks.  If the Nobel gang gave awards for those who ask probing questions about the viability and consequences of fiat currency and unrestrained debt, there would be more folks asking probing questions about the viability and consequences of fiat currency and unrestrained debt.”

M          “Perhaps the new Noble Prize in Eco-nomics can be awarded to those few individuals who ask probing questions and provide trenchant answers.”

. . .

[See the previous great gold standard debate in the e-commentary at “Is The Gold Standard Really The Gold Standard? (January 18, 2010)”, a discussion of the silver standard at “The Silver Standard:  The Value Of (Sort Of) Real Money (July 15, 2013)” and the observation in “The U.S. And Saudi Arabia:  Not Playing Well With Others (Each Other) (July 11, 2016)” that President Nixon decided unilaterally to cancel the direct international convertibility of the United States dollar to gold today.]

Bumper stickers of the week:

“In truth, the gold standard is already a barbarous relic.”  John M. Keynes, A Tract on Monetary Reform (1924).

“Real gold is not afraid of the fire of a red furnace.”  Chinese proverb

“There are three hundred economists in the world who are against gold, and they think that gold is a barbarous relic – and they might be right.  Unfortunately, there are three billion inhabitants of the world who believe in gold.”  Attributed to János Fekete

In every country, culture and civilization through space and across time, gold is the one thing and the only thing that has been cherished by everyone everywhere at all times.

Eco-nomic SAT Question:  Which statement does not fit:  1) resources are finite, 2) water is finite, 3) gold is finite or 4) money printing is infinite?

The Gold Standard may just be the Gold Standard or at least a standard.

The G20 Leaders Summit is in Hangzhou, China this September 4 and 5.

Convention between the United States and Great Britain (for Canada) for the Protection of Migratory Birds, also called the Migratory Bird Treaty, was signed on August 16, 1916.

Drop A Bomb, Gestate A Terrorist; Drop A Bomb, Sprout A Refugee (November 16, 2015)

Posted in Book Reference, Iraq, Middle East, War on November 16, 2015 by e-commentary.org

. . .

J          “The problem is the continuing and recurring problem.  Dropping bombs caused the problem; dropping more bombs causes more problems; dropping even more bombs causes even more problems.”

K          “Everyone is gasping and grasping for a solution without understanding the problem.”

J          “Everyone is so gripped with fear that no one is thinking clearly.”

. . .

K          “When someone drops 1000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 google mega-tons of bombs on ISIS or ISIL or whatever it is and kills all the ISISists or ISILists or whateverists, what will result?”

J          “ISIS 2.0.”

K          “Yup.  I refer to it as ‘ISIL Part Two.’  Coming to a troubled region near you.  In 2024.”

J          “Those who failed to anticipate and prepare for ISIS 1.0 are not anticipating or preparing for ISIS 2.0.  And what if it transmogrifies into ILIS?”

K          “We are doomed.  Of our own doing.”

. . .

[See the e-commentary at Intended Consequences In Iraq (August 3, 2015) and Staying the Collision Course In Iraq and The Mid-East (September 25, 2006).]

Bumper stickers of the week:

Think Big; Think Long; Heck, Think.

What happens in the Middle East stays in the Middle East.

“All the war-propaganda, all the screaming and lies and hatred, comes invariably from people who are not fighting.”  George Orwell, Homage to Catalonia

There is no money in the Truth.

Smedley And Ernest On Our Friend “War”; The “Racket” Continues (September 7, 2015)

Posted in Banks and Banking System, Book Reference, Magazine Reference, Military, Oil, Wall Street, War on September 7, 2015 by e-commentary.org

. . .

_          “Four score years ago this month, the world of arts and letters and the world awoke to a pair of trenchant commentaries on our friend “War” written by two scholars who had spent time in the trenches and developed the ‘street cred’ to command attention and respect.  Smedley D. Butler was a United States Marine Corps major general, the highest rank authorized at that time, and at the time of his death the most decorated Marine in U.S. history who also should have won a Nobel Peace Prize.  Ernest Hemingway wrote stuff.  We should listen.”

. . .

[See the e-commentary presented on a prior Memorial Day on this Labor Day at In Memoriam (May 26, 2014).]

Bumper stickers of the week:

“I spent 33 years and four months in active military service and during that period I spent most of my time as a high class muscle man for Big Business, for Wall Street and the bankers.  In short, I was a racketeer, a gangster for capitalism.  I helped make Mexico and especially Tampico safe for American oil interests in 1914.  I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in.  I helped in the raping of half a dozen Central American republics for the benefit of Wall Street.  I helped purify Nicaragua for the International Banking House of Brown Brothers in 1902–1912.  I brought light to the Dominican Republic for the American sugar interests in 1916.  I helped make Honduras right for the American fruit companies in 1903.  In China in 1927 I helped see to it that Standard Oil went on its way unmolested.  Looking back on it, I might have given Al Capone a few hints.  The best he could do was to operate his racket in three districts.  I operated on three continents.”  Smedley D. Butler in a poem in the September 1935 issue of the magazine “Common Sense” that later become an overlooked classic. 

“They wrote in the old days that it is sweet and fitting to die for one’s country.  But in modern war there is nothing sweet nor fitting in your dying.  You will die like a dog for no good reason. . . . The only way to combat the murder that is war is to show the dirty combinations that make it and the criminals and swine that hope for it and the idiotic way they run it when they get it so that an honest man will distrust it as he would a racket and refuse to be enslaved into it.”  Ernest Hemingway in “Notes on the Next War: A Serious Topical Letter,” in a September 1935 issue of the magazine “Esquire”.

Ebola: The Halcyon Days Of The Panic-demic In A “Peak” Health Care-less System (October 13, 2014)

Posted in Book Reference, Bureaucracy, Civil Rights/Civil Liberties, Ebola, Health Care, Military, Pogo Plight, Population, Privacy, Public Health on October 13, 2014 by e-commentary.org

. . .

1          “Who can you trust?  Events are moving so quickly.  Fraud and deception work effectively in finance and politics, but Mother Nature is indifferent to and immune from the shenanigans and machinations of mortals.”

2          “The government and the public are still mired at Stage 1.  The government is denying the threat because it has no plan.  The public is denying the threat because it has no idea.”

1          “I am collecting the quotations of the major players to document the response in real time.  Dr. Frieden with the CDCE and Dr. Fauci with NIAID/NIH are not prepared and have not been candid.  A test patient, Dr. Nancy Snyderman with NBC, agrees to a voluntary quarantine and then brazenly violates the quarantine, refuses to accept responsibility and escapes accountability.”

2          “We as a society need to move through the stages from denial to anger to bargaining to depression to acceptance of a plan more quickly than the virus is moving.”

1          “The health care-less system will peak after it fills the nineteen available beds.”

. . .

2          “Easy to say that everything reasonable must be done to contain and eliminate the menace in West Africa.”

. . .

2          “Viewers of Fox tv are yelling at the tube for the government to do something.  The Republicans who advertise on the network cut funding to the CDCE and other programs.”

1          “If the Democrats had provided an additional five billion dollars in funding to the CDCE, what would have happened?”

2          “The CDCE would have lobbied for another five billion dollars.”

1          “Or ten.  And yet the Democrats cut funding, as if any amount of funding matters.  Some researcher who sent repeated e-mails to those in power warning of the dangers of Ebola is not happy.”

2          “I can forward some of the e-mails.”

. . .

2          “A communicable disease is communicated by public transportation.  Even if the disease is not transmitted at this time via air, the public is transmitted via air.  Ebola is small enough to fit in a ‘carry on’ bag.  Ebola will hitchhike and stow away.  Air travel must be purposefully restricted.  Restrictions are costly, but the costs of limiting air travel must be weighed against the costs of not limiting air travel.”

1          “All costs should be calculated.  We need to address the resulting deprivations of privacy and limitations on constitutional rights before the public is too terrified to think.”

. . .

2          “One of the bench marks will be bleach sales.”

1          “Or overflow patients camping in tents in parking lots.”

. . .

1          “The female RNs are underpaid to do the work while the male MBAs who make the decisions take almost all the profits.  The RNs are underpaid to care for the sick and the dying and are not paid anything to get sick and to die in the process.  When a nurse is called in to care for someone sick with Ebola at an institution unprepared for the challenge, she or he should in good conscience call in sick.”

2          “She or he will get there and then be blamed for the negligence of the hospital.”

1          “The American military personnel being deployed to Africa are not being provided combat pay.  The ‘charge of the blight brigade’ should occasion charges against those giving the orders.”

2          “No one gets it.”

1          “Everyone will get it unless all of us get it.”

. . .

[See http://prosperouswaydown.com/category/subtopics/healthcare-subsystems/ebola-healthcare-subsystems/  Five stages of grief and five stages of collapse in a dire scenario.  http://cluborlov.blogspot.com/2014/10/ebola-and-five-stages-of-collapse.html#more.  Consider Earth Abides by George R. Stewart.]

Bumper stickers of the week:

Be clean

Get a flu shot

Wash your hands

Take your kids to the park

Prepare to hunker down

Be calm and panic (but do so with poise and dignity)