Archive for the PMC Category

Interning For Clio:  Collecting, Protecting And Preserving The Record (April 4, 2022)

Posted in Bideni, Covid / Coronavirus, Inflation, Newspapers, PMC, Press/Media, Ukraine on April 4, 2022 by e-commentary.org

. . .

K          “They say most prestigious internships today are unpaid and thus only available to the children of the well-to-do who do not need the money and are well on the path to doing the parvenu PMC thing.”

J          “I cannot really say this undertaking has made either of us well-known or wealthy.”

. . .

K          “I print an article, then scan the paper version and then save it along with a cut and pasted version of the URL in a separate file.  What I find too often in a later search is that the article is simply deleted, not edited or distorted.  Every now and every then, an article is materially modified.  Adding ‘not’ at spots and deleting ‘not’ at other spots changes an article.”

J          “And then you get ‘404ed’ so often.  As I recall in computer network communications, the ‘HTTP 404’, ‘404 not found’, ‘404’, ‘404 error’, ‘page not found’ or ‘file not found’ are error messages.  They are a hypertext transfer protocol standard response code – the good old http.  The message indicates that the browser was able to communicate with a given server, but the server could not find what was requested.  It is a good old server failure.  Servers are failing far too often.  By design.  Servers are the new age HAL 9000 with far more sophisticated AI.”

. . .

K          “From the first entry on January 30, 2020, the ‘Coronavirus Diary’ reveals quite an unreal and surreal ride.  I structured my day to run by and do field research at Costco, Target, Walmart and other stores and venues to study the people, products, prices, perils and performance.  In early February of 2020, I was one of the few Occidentals wearing a mask and knowingly nodded my head at the few Orientals also wearing masks.  I bought up a box of pulse oximeters and gave them to folks who had no idea what they are.”

J          “The thing with toilet paper and bottled water is unreal and surreal.  Humanity is not going to make it.  We are not going to make it.”

. . .

K          “A six pack of Costco canned chicken breasts went from $10.89 to $13.99 last Tuesday and then to $15.99 in the last few days.  The sign said $16.99, yet when I went back to double check the receipt, I discovered they charged $15.99.”

J          “They are ready with a sign of our times.  Costco Kirkland precooked bacon went from $10.99 about a year ago to $12.99 then to $14.99 then quite surprisingly to $12.99 and then in the last few days to $16.99.”

. . .

K          “I followed the ‘print, scan and save’ practice and actually saved what was actually said or written about Covid-19 on a daily basis to have an immutable record.  Some of the pieces are now ‘404er’ likely because the author is inconvenienced or embarrassed by the statements.”

. . .

K          “The NYT is the ‘paper of record’ for the Narrative but not the ‘paper of record’ for the truth.  Society needs another credible source to chronicle daily developments for current and future consumption and consideration.”

. . .

[See “Ukraine’s Propaganda War: International PR Firms, DC Lobbyists and CIA Cutouts” in “MintPress News” dated March 22, 2022 by Dan Cohen and “Psaki Reminds Reporters That Biden Doesn’t Speak For The President Of The United States” in “The Babylon Bee” dated March 29, 2022.] 

[See the e-commentary at “Analog Knowledge Devices” (“AKD”):  The Next “Currency” (July 10, 2017), Buy A Book? I’ll Pass. Read A Book? I’ll Play. Oh, And Happy National Book Month! (September 30, 2019), Covid-19 PanICdemic/Plague:  Basically, Back To Basics:  Finding Food; Printing Rutabagas.  Happy Earth Day! (April 20, 2020) and “Just visiting, thank you.” (April 1, 2019).]

Bumper stickers of the week:

“The following content has been identified by the YouTube community as inappropriate or offensive to some audiences.  Viewer discretion is advised.”  [Blocking a conversation challenging America’s never ending wars around the globe.]

I got 404ed

Dragon < Eagle > Bruin; Dragon + Bruin > Eagle; Eagle + Bruin > Dragon

World War E Breeds Bretton Woods III;  BW II And The PetroDollar Will RIP? (March 14, 2022)

Posted in Bretton Woods, BRICS, CIPS, Petrodollar, PMC, SCO, SPFS, SWIFT on March 14, 2022 by e-commentary.org

. . .

K          “Sounds like a preppy.  Exorbitantly privileged.  His middle name is surely ‘Heathcliff’ or some such.”

J          “Soon to be wearing ‘BWH III’ cum serifs on his sleeve.  Very well bred.”

. . .

K          “Bretton Woods I was born on July 22, 1944 and died on August 15, 1971.  BW I was a modified Au [gold] standard that suspired for 27 years.  On a hot lazy Sunday in August in D.C. when the Ruling Class and the PMC were returning from the Shore, Nixon terminated convertibility of the U.S. dollar for gold with as much hype and fanfare as an announcement of the construction of a new water treatment plant.”

J          “I do not remember the event, yet I sense that the action was more of a unilateral breach without consulting other nations rather than a polite and proper termination of a long-term relationship and a statement that it is temporary.”

K          “Right.  Not to fear, BW II was hatched.  In the next few years, Nixon and others agreed to provide protection to Saudi Arabia in exchange for the Saudis pricing oil in the newly concocted ‘PetroDollar’ protection money.  The scheme allows the U.S. to conjure figment money at will and demand and take resources, services and products from every other country on the planet without providing anything in return other than . . . the figment money.”

J          “The U.S. spent three cents to print a 100 dollar bill and then demanded 100 dollars of things from other countries.  And latter saved the printing costs by just shuffling electrons.  It is a perpetual motion money machine, until it is not.”

K          “Resistance was futile.  The BW II system replaced an ‘Au system’ with a ‘Fe and Pb system’ that commits the iron and lead of the U.S. military to impose and enforce its will on others.  Over fifty years of international economic terrorism followed.  So few get it.” 

J          “I hear you.  I get it.  I got it.  Years ago.  We as a society are going to get it.  In short order.  In the shorts.  My friends the good old Chinese are encouraging members of the Shanghai Cooperation Organisation (SCO) and the BRICS nations to bypass the SWIFT financial system and settle cross-border international payments in digital yuan using the CIPS or possibly SPFS.  That changes everything.”

K          “The ‘PetroDollar’ has had as much influence on civilization as the implementation of the wheel, the creation of the printing press and the discovery of electricity.  Yet, the ‘PetroDollar’ and BW II are dying a slow but accelerating death.  In a stupendous irony, U.S. stupidly killed BW II which had served it so well and has now spawned an uncertain BW III.” 

J          “The U.S. actions are indeed killing the golden goose that did not require any gold to lay golden eggs.”

. . .

K          “The emerging BW III appears to be a mix of gold and commodities rather than printed figments.  The new economic system for the multipolar political world is founded on gold and commodities and headquartered and centered outside America and Western Europe.”

J          “We are substituting one empire that has done much evil for another far, far, far more evil empire without even a clue or a question about what is happening.  By the way, I have a few more Mandarin language tapes for you.”

. . .

K          “There are books on Cod and Salt and Paper and the like.  If he does not write the book on the PetroDollar, I may get it done.”

J          “And don’t forget the piece on fly fishing.”

. . .

[See Is the Dollar in Danger?  China and Russia may be working to take away America’s ‘exorbitant privilege.’ dated March 13, 2022 by Andy Kessler in the “Wall Street Journal”.  That is two citations to the “WSJ” in a row.]

[See the e-commentary at The China-Russia Affair: Advancing The Petro-Yuan; Dictating The Future (March 26, 2018), World’s Reserve Currency War I = Cold War 2.0 = WW III (?) (September 8, 2014), AIIB: China: 1; U.S.A. 0? (April 6, 2015), The Mandibles, FRNs, SDRs, IMF, G20, WTD! (September 5, 2016), USA + FRN/PD — > IMF + SDR — > NDB + UMU? The “Universal Monetary Unit” . . . Coming To a Planet Near You (January 2, 2017) and One World Currency? (January 8, 2018).]

Bumper stickers of the week:

Post-World War Two Standards:  From Au . . . to Fe & Pb . . . to Au & Commodities

Dragon < Eagle > Bruin; Dragon + Bruin > Eagle

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