The Möbius Loop Of Stupidity, Dishonesty, Hypocrisy, Incompetence, Indifference, Arrogance, . . .  Oh, And Happy Thanksgiving! (November 25, 2019)

Posted in Society on November 25, 2019 by e-commentary.org

. . .

K          “Each day is an interminable Möbius Loop of stupidity, dishonesty, hypocrisy, incompetence, indifference, arrogance, stupidity, dishonesty, hypocrisy, incompetence, indifference, arrogance, stupidity, dishonesty, hypocrisy, incompetence, indifference, arrogance, . . .”

J          “My days are blessedly different and gyrate around incompetence, indifference, arrogance, stupidity, dishonesty, hypocrisy, incompetence, indifference, arrogance, stupidity, dishonesty, hypocrisy, incompetence, indifference, arrogance, stupidity, dishonesty, hypocrisy, . . .”

. . .

K          “Punctuated occasionally by a tincture of truth.”

J          “And permeated once in a while by a cameo of beauty.”

. . .    

J          “There is something to be said for stable health.”

K          “I’ll say.”

. . .

[See the e-commentary at “The Power Of Small Thinking (March 12, 2018)”, “America’s Fraud Factories (October 18, 2010)” and “Oh, And Happy Holidays! (December 24, 2018)”.]

Bumper stickers of the week:

Think even smaller

Don’t think about it so much

Waiting for Sisyphus

Don’t think about it so much

Peak Stupidity; Peak Ill-advisability

Living (?) Life’s Corrosive Lie (November 18, 2019)

Posted in Gay Politics, Gender, Hypocrisy on November 18, 2019 by e-commentary.org

. . .

W        “I am impressed that the guys don’t give it a second thought.”

M         “What did they probably not give a first thought?”

W         “[Male Name].”

M         “I had a feeling.  Glad you brought it up.  They don’t give it a second thought because they don’t give it a first thought.  They don’t even suspect.”

W         “No.  You can’t be serious.  It’s so obvious.  Within minutes of meeting [Female Name] at their Christmas Party, we shared a knowing nod from across the room.  The threat level from “[Male Name]” is instinctively and palpably less than other males.  And how could a doctor, a lawyer and a college professor not know?  Are they oblivious?”

M         “A male doctor, a male lawyer and a male college professor.  They are members of the oblivious gender, so yes they are perforce oblivious.  You’re a member of the smart gender, they are members of the not-so smart gender.  He spends each waking moment in hiding and living a lie.  It can’t be allowed to be revealed or even suspected.  Tragic and sad.”

W         “Half of us are not fooled.”

M         “Obliviousness can serve a positive good.”

. . .

. . .

W        “You noticed that I noticed that you noticed that I waited a few second before turning and smiling.  ‘He was a man’s man.’  The chant and mantra of the celebration of his life.  And half of them were clueless about the absolute truth of what he was saying about him.”

M         “He took it to his grave.  I sometimes wonder if it did not slowly cripple and corrode and kill him.”   

. . .

[See the e-commentary at “The Big Decision (December 13, 2010)” and “Less Government Regulation Series: Love and Marriage (May 19, 2008)”.]

Bumper sticker of the week:

Live and let die.  Really?

Sanctions:  Stupid, Absurd, Futile?  Oh, And Happy Armistice Day / Remembrance Day / Veterans Day! (November 11, 2019)

Posted in Sanctions, SWIFT, World's Reserve Currency on November 11, 2019 by e-commentary.org

. . .

J          “But stupidity, absurdity and futility may be the unwitting goals.  Or they may not even have a goal.”

K          “Or an idea.”

. . .

K          “At least sanctions have the saving grace of not being more bombing and more killing and more killing and more bombing and more bombing and more killing.”

J          “They are considered tools of diplomacy rather than weapons of war.  However, I am not so sure whether they are not ineffective as tools of diplomacy yet very effective in instigating war.”

. . .

K          “Sanctions imposed on a country unite the country against a common threat and accelerate the drive to be independent of the good or service being withheld.  Denying a people things ranging from exotic fromage to the esoteric internet financial infrastructure to handle business transactions becomes the mother of invention.”

J          “And in the intermediate term, the sanctioned people become more independent and much stronger.”

. . .

K          “Far too many of the sanctions imposed by the United States are illegal under national and international law, weaponize the U.S.’s control of the world’s reserve currency, and/or are simply counterproductive and invite blowback.”

J          “There will be blowback.”

. . .

[See the e-commentary including the discussion of sanctions at “‘Grexit’, ‘GrexEUnt’, Percolating Problems:  PIIGS, BRICS, EU, EC, ECB, IMF, NATO, WTO, WAR (February 23, 2015)”, a discussion of SWIFT and other topics at “The China-Russia Affair: Advancing The Petro-Yuan; Dictating The Future (March 26, 2018)” and “World’s Reserve Currency War I = Cold War 2.0 = WW III (?) (September 8, 2014)”.]

Bumper stickers of the week:

“That which does not kill me only makes me stronger.”  Nietzsche

“The real power in America is held by a fast-emerging new Oligarchy of pimps and preachers who see no need for Democracy or fairness or even trees, except maybe the ones in their own yards, and they don’t mind admitting it.  They worship money and power and death.  Their ideal solution to all the nation’s problems would be another 100 Year War.”  Hunter S. Thompson

Wandering E-con-omists:  The Travels And Travails Of E-con-omic Sciences (November 4, 2019)

Posted in Economics, Economics Nobel, Noble Prize in Eco-nomics on November 4, 2019 by e-commentary.org

. . .

K          “For decades, the econ. boys have had their own fraternity house/crash pad/temple and a separate department in academia to give them street cred. and street money.  The peripatetic ghost was harbored first in the Department of Religion / Department of Mathematics and then floated to the Department of Psychology and is now decamped in the current haunt in the Department of Computer Science.”

J          “The great journey from the Monetarists/Mathematicians/Religionists to the Behaviorists to the Coders.  They will be giddy to see the word ‘Science’ on the plaque outside their current hang out.  The great anxiety and anguish for e-con-omists is that the few thinking folks do not regard it as a science.  And the reason the few thinking folks do not regard it as a science is because it is not a science.”

K          “Where will they wander next?  The Department of Astrology?”

J          “The Swedish central bank award for ‘E-con-omic Sciences’ nourishes their delusion and assuages their angst.”

. . .

J          “During the formal religious phase, the Monetarists/Religionists assumed what they proclaimed is an indisputable assumption:  ‘God exists’ and then jumped to the conclusion:  ‘God exists’.  The shamans and the shills collected considerable mammon and lucre for spreading the gospel that the rich and powerful must be rewarded at all costs.  If anyone doubted the conclusion, they dismissed the cavil and reiterated that it followed logically and inevitably from their indisputable assumption.”

K          “They like tautologies.  God is Mammon; Mammon is God.  Their gospel claimed to be air tight, but it lacks any real air.”

J          “It is hot air.  But their God sure made buckets and boat loads of money for those on the inside and spewed a few shillings for those who did their shilling.”

. . .

K          “During their interregnum in the Department of Psychology, at least the Behaviorists claimed to gander at how folks behave en route to positing how folks behave.”

. . .

K          “Now they are into randomized controlled trials (RCTs) that purport to explain and predict behavior.  Testing just like the doctors.”

J          “The real doctors have the Hippocratic Oath and the e-con-omics shamans and charlatans now have their precious computer code.  And they can allay their anxieties because it is after all . . . science!”

K          “But you cannot replicate the studies.  So it is not real science!”

J          “Don’t hurt their feelings.  Don’t undermine their self-esteem.”

. . .

K          “Full circle or moving forward?”

J          “Sideways or backwards?”

. . .

[See “New Nobel Winners Are Latest Bad Sign for Economic Theory” in “Mises Wire” by Peter G. Klein dated October 15, 2019, “Impoverished economics?  Unpacking the economics Nobel Prize” in “Open Democracy” by Ingrid Harvold Kvangraven dated October 18, 2019 reprinted with commentary by Yves Smith in “Naked Capitalism” dated October 18, 2019 and “What randomisation can and cannot do: The 2019 Nobel Prize” in “VoxEU” by Kevin Bryan dated October 29, 2019 reprinted with commentary by Yves Smith in “Naked Capitalism” dated November 2, 2019.]

[See the e-commentary under the Categories “Economics”, “Economics Nobel” and “Noble Prize in Eco-nomics”.]

Bumper stickers of the week:

Economics:   If I have to explain, you wouldn’t understand.  With a nod to Oscar Wilde

Not all who wander are lost, but some are

Tulsi, MSM, NYT, CNN, FOX, MSNBC, Real News, Fake News, Neo-McCarthyism.  Oh, And Happy Halloween! (October 28, 2019)

Posted in Awards / Incentives, Boycott Series, Journalism, Newspapers, Press/Media, War and Wall Street Party on October 28, 2019 by e-commentary.org

. . .

K          “She is a direct threat to the Ruling Class and the War and Wall Street Party.”

J          “They absolutely will not tolerate her threat under any circumstances.”

. . .

K          “Defining the MSM as they dub it – this Main Stream Media gang – takes some finesse, yet ‘The New York Times’ is certainly a charter member.  Tulsi spoke truth and sincerity and had to be taken down and out.  The NYT assigned one of their journalist assassins to do the hit job and draft the hatchet report.”

J          “And for her obedient efforts, Lisa Lerer will be given a Pulitzer in 2025 if not in 2020.”

. . .

K          “The corporate mouthpiece MSNBC engages girls and boys who sound like a cackle of envious nerds.  The politicians are trapped in high school; the faux journalists are the wannabees trapped in junior high school willing to conform and perform at any and all costs to be accepted by the high school kids.”

J          “And for their obedient efforts, Kimberly Atkins and Jonathan Allen will be given Emmys in 2030 if not in 2020.”

. . .

K          “I try not to buy any product advertised on the Clinton News Network or Fox or MSNBC.  True to agenda, the Clinton Network also decided that Tulsi represented a threat to CNN’s corporate masters and did not challenge a slanderous comment by one of their mouth pieces that was implicitly endorsed by the others.”

J          “And for his obedient efforts, Bakari Sellers will be given a Kennedy Award for Cowardice in 2035 if not in 2020.”

K          “Anything said or read on CNN, Fox or MSNBC is presumptively false and misleading.  However, the presumption is rebuttable.”

. . .

K          “In the past, the psychopaths and sociopaths congregated in politics, yet now they are finding a haven and a refuge in faux journalism.”

J          “No rational and emotionally health person with a modicum of integrity and courage would enter politics or conventional journalism today.”

. . .

K          “Even one of America’s worst and most vicious and deplorable war criminals, Ms. Hillary, is terrified that the concerns expressed by Tulsi reflect the concerns of the average American and threaten the interests of the War and Wall Street Party.”

J          “Lock her up.  Hillary.  After a fair trial.”

K          “Lock her up.  Lock him up.  After fair trials.”

J          “How about co-ed prisons for politicians whose greatest punishment is seeing each other every day in and every day out for decades out in the Yard.”

. . . 

K          “One of the many problems, both a cause and a symptom, in a failing Empire is the lack of an Elite.  The American Empire is sans an Elite.”

. . .

[See “Everyone Is a Russian Asset” in “Rolling Stone” by Matt Taibbi dated October 21, 2019, “This MSNBC Clip Is Everything Ugly About Russia Smears” in “Caitlin Johnston.com” by Caitlin Johnston, the recipient of the Fourth Annual Pushitzer Prize In Commentary For 2019, dated October 20, 2019, “Green Party Torches Hillary Clinton For Claiming Jill Stein Is ‘Totally’ a Russian Asset” in “Rolling Stone” by Tessa Stuart dated October 18, 2019, “Tulsi Nails it on National TV … US Regime-Change Wars” in “Strategic Culture Foundation” by Finian Cunningham dated October 18, 2019, “The Media War On Truthful Reporting And Legitimate Opinions – A Documentary” in “Moon of Alabama” dated April 21, 2018 and “What You Think Is Controlled By What You Watch, And What You Watch Is Controlled By The Elite” in “The Economic Collapse” by Michael Snyder dated October 24, 2019.]

[See the e-commentary at “The Medium Mandates The Message.  Analog v. Digital: Monopolization & Monetization. Oh, And Happy World Press Freedom Day! (May 7, 2018)”, “A ‘Journalist’ Declares War On Journalists . . . And Journalism (November 28, 2016)”, “Dispatches From The War On Journalism:  The New ‘Nixon’s Enemies List’ (December 5, 2016)”, “DNC:  ‘We’re Losers.  Vote for Us.’ (February 27, 2017)” and “Pulitzers Are Pro-War? Pressing The Pushitzers. (April 22, 2013)”.]

Bumper stickers of the week:

ABCNNBCBS does not have many answers; Faux/Fox does not even ask the right questions

“You may think you know what you’re dealing with, but, believe me, you don’t.”  Noah Cross (John Huston), “Chinatown”

Psychopaths and Sociopaths for Hillary

Please comment here

Fourth Annual Noble Prize In Jurisprudence (October 21, 2019)

Posted in Awards / Incentives, Civil Rights/Civil Liberties, Law, Noble Prize in Jurisprudence on October 21, 2019 by e-commentary.org

. . .

K          “A prize dedicated to acknowledging and celebrating the work of someone who or some organization that really knows something about jurisprudence and the impact of courts, judges, lawyers and police on the lives and livelihood of ordinary citizens.  Someone who lives the conviction that men and women should establish and respect some norms and standards that are promulgated clearly to all and enforced equally in favor of and against all.”

J          “Someone who advances the Rule of Law and stuff like that.  I like it.”

K          “The recipient of the fourth annual Noble Prize In Jurisprudence . . . is another group . . . you got it . . . the American Civil Liberties Union (ACLU) for its continuing efforts to advance and defend civil rights and civil liberties.”

. . .

[See the e-commentary at “Third Annual Noble Prize In Jurisprudence (October 15, 2018)”, “Second Annual Noble Prize In Jurisprudence (October 16, 2017)”, “First Annual Noble Prize In Jurisprudence (October 17, 2016)” and “Award Deadlines (Livelines?) (July 25, 2016)”.]

Bumper sticker of the week:

Give civil rights and civil liberties a chance

Fourth Annual Noble Prize In Eco-nomics (October 14, 2019)

Posted in Awards / Incentives, Economics, Economics Nobel, Gold, Nobel Prize, Noble Prize in Eco-nomics, Petrodollar, Silver on October 14, 2019 by e-commentary.org

. . .

K          “An award acknowledging and celebrating the work of someone on the planet who really knows something about eco-nomics.  Eco-nomics is about making and sharing; e-con-omics is about taking and stealing.”

J          “The Noble Prize in Eco-nomics is a delightful and playful replacement for the discredited and misnamed ‘Nobel’ Prize in Voodoo E-con-omics.  And I get it.  You get what you reward.  You need to reward what you want to get.  Who gets it this year?”

K          “The recipients of the fourth annual Noble Prize In Eco-nomics are . . . Professors Mark Skidmore and Laurence  J. Kotlikoff who have contributed immensely and with little credit to an undertaking that tracks and analyzes federal expenditures and properly and honestly accounts for them in reconstructed books.”

J          “Solid work.  Crafting a book that chronicles and corrects the government crooks’ collective efforts to cook the books.”

. . .

J          “They shined a bright light on government accounting and may have prompted the Federal Accounting Standards Advisory Board (FASAB) to shift government accounting further into the shadows.  Late last year, the FASAB unleashed the ‘Statement of Federal Financing Accounting Standards 56 (Standard 56)’ that replaced laxly enforced government accounting and reporting standards with official obfuscation and concealment of government financing and spending.” 

K          “Catherin Austin Fitts and the Solari staff [Michele Ferri and Jonathan Lurie of The Law Offices of Lurie and Ferri] prepared a spell-binding and best-selling document “FASAB Statement 56: Understanding New Government Financial Accounting Loopholes” that provides a comprehensive explanation of the history, amendments and consequences of the changes to FASAB Statement 56.  Everyone should leave a copy in the bathroom for light reading.”

J          “The upshot is that the government is now officially no longer accountable to the public.”

. . .

[See the “Intergenerational Financial Obligations Reform Act” (INFORM Act), “Has Our Government Spent $21 Trillion Of Our Money Without Telling Us?” in “Forbes” by Laurence Kotlikoff and Mark Skidmore dated December 8, 2017, “The Tyranny of Economists  How can they be so wrong, so often, and yet still exert so much influence on government policy?” in “The New Republic” by Robin Kaiser-Schatzlein dated September 30, 2019, the book titled “The Nobel Factor: The Prize in Economics, Social Democracy, and the Market Turn” by Avner Offer and Gabriel Söderberg and “Heretics welcome!  Economics needs a new Reformation” in “The Guardian” by Larry Elliott dated December 17, 2017.]

[See the e-commentary at “Third Annual Noble Prize In Eco-nomics (October 8, 2018)”, “Second Annual Noble Prize In Eco-nomics (October 9, 2017)”, “First Annual Noble Prize In Eco-nomics (October 10, 2016)”, “Announcing The First Annual Noble Prize In Eco-nomics (May 2, 2016)”, “Award Deadlines (Livelines?) (July 25, 2016)”, “From e-con-omics to eco-nomics? (August 1, 2011)”, and “Skip the Nobel in Economics (October 6, 2009)”.]

Bumper stickers of the week:

The United States of Anger backed its currency with Au (until August 15, 1971) and transacted in part in Ag (until July 23, 1965) and now backs its concoction d.b.a. the PetroDollar with Fe and Pb by bombing any country and killing any person who demurs to the US hegemony.

Boycott banks; support credit unions

They’re Back!  The Pack Is Unpacking (October 7, 2019)

Posted in First Monday In October, Supreme Court on October 7, 2019 by e-commentary.org

. . .

K          “Right after they unpack from their long summer break, the Supremes must decide whether queers are persons entitled to treatment as persons.”

J          “They should be able to decide that one quickly and pack up and go back on vacation.”

. . .

J          “The controlling Corporatists on the Court hold opinions and values that do not represent the rest of the public pack in America.”

K          “We the unrepresented pack should seriously consider packing the court and sending them packing.”

. . .

[See the e-commentary under the Categories “First Monday In October” and the “Supreme Court”.]

Bumper sticker of the week:

Sign outside the Supreme Court some years ago:  “Supremes:  You can hurry love.”

Buy A Book? I’ll Pass. Read A Book? I’ll Play. Oh, And Happy National Book Month! (September 30, 2019)

Posted in Analog Knowledge Devices, Book Reference, Writing on September 30, 2019 by e-commentary.org

. . .

K          “I passed on the purchase.  Getting it autographed did not make it real or personal or real personal.  At program after presentation after conference after low residency MFA discussion group, the honest and candid authors, sometimes fueled with spirits, concede that they are not writing a work sharing their musings with other kindred spirits, they are manufacturing a product for a specific targeted market.  The gauntlet and assembly line of editors, reviewers, focus group coordinators and MBAs hone and hammer the finished product to close the deal.”

J          “They are not saying ‘this is what I think and feel and believe’, they are saying ‘this is what I think and feel and believe you want to read and buy’ right now.”

. . .

J          “Look at the big picture.  They write in a country not on a blank slate.  But America is not a country, it is a country club with very few admitted members.  Everyone else is a consumer – not a citizen – who survives by treating everyone else like a consumer to be plucked and plundered.  We don’t even realize it.  We don’t even get it.”

K          “A Racket not a Republic.  I get that everything from the cover to the concluding line is cunningly and carefully calculated to close the deal.”

J          “I don’t want to deal.”

. . . 

K          “A number of musicians in the 60’s who penned songs of rebellion later admitted they were only writing and singing and foisting a product that would sell to a receptive market.”

J          “At least at one point in their lives they are revealing themselves to their audience, albeit at the terminus.  Of course, it you really write what you think and what you feel and what you believe, you are not likely to be read and may be banned if you stumble upon or dabble with the Truth.”

K          “There is always that.”

. . .

J          “Used books start out as new books.  Someone does have to buy the new ones to create the used ones.”

. . .  

J          “I wonder how many folks develop their weltanschauung based in part not on what an author says but on what the ‘Couloir Notes’ say the author says.”

K          “A friend’s mom asked her son to deliver one of the legal ‘Cliff’s Notes’ on ‘Property Law’ in a brown paper bag after hours so that she would know what her students were really studying and ingraining.”

. . .

K          “With a book in hand, the content cannot be changed.  With a collection of electrons in space, the content cannot be protected.  I remain a big fan of the Analog Knowledge Devices despite the inherent limitations.”

J          “The AKD is number one in my AKD.”

. . .

[See “Paging Big Brother:  In Amazon’s Bookstore, Orwell Gets a Rewrite” in “The New York Times” by Cave Streitfeld dated August 19, 2019 and “It’s a Fact:  Mistakes Are Embarrassing the Publishing Industry” in “The New York Times” by Alexandra Alter dated September 22, 2019.]

[See the e-commentary at “Artistes And Integrity (July 29, 2013)”, “Writin’ (February 17, 2014)”, “So Many Words, So Few Ideas (Sept. 21, 2009)”, “‘Analog Knowledge Devices’ (‘AKD’):  The Next ‘Currency’ (July 10, 2017)”, “Writing The Long Song (September 26, 2011)”, “On Writin’ And Livin’ And Laborin’ (September 4, 2017)”, “On Standards & Quality (July 20, 2015)” and “Brave 1984 Farm: The Best Of All Possible Worlds (March 19, 2012)”.]

Bumper stickers of the week:

October – National Book Month

You can judge a book by its cover!

Judge a book by its cover!

Judge a book by its content!

Choose books not bigotry

“You cannot alter a printed book without the reader knowing.  A missing page, a changed word will all be revealed.  Not so with digital books.  They can be altered without a trace.”  Isaac Asimov

“Orwell warns that we will be overcome by an externally imposed oppression.  But in Huxley’s vision, no Big Brother is required to deprive people of their autonomy, maturity and history.  As he saw it, people will come to love their oppression, to adore the technologies that undo their capacities to think.  What Orwell feared were those who would ban books.  What Huxley feared was that there would be no reason to ban a book, for there would be no one who wanted to read one.  Orwell feared those who would deprive us of information.  Huxley feared those who would give us so much that we would be reduced to passivity and egoism.  Orwell feared that the truth would be concealed from us.  Huxley feared the truth would be drowned in a sea of irrelevance.  Orwell feared we would become a captive culture.  Huxley feared we would become a trivial culture, preoccupied with some equivalent of the feelies, the orgy porgy, and the centrifugal bumblepuppy.  As Huxley remarked in Brave New World Revisited, the civil libertarians and rationalists who are ever on the alert to oppose tyranny “failed to take into account man’s almost infinite appetite for distractions.”  In 1984, Orwell added, people are controlled by inflicting pain.  In Brave New World, they are controlled by inflicting pleasure.  In short, Orwell feared that what we fear will ruin us.  Huxley feared that what we desire will ruin us.”  Neil Postman

Too Much Dirt; Too Few Rugs. Repurchase Agreements (September 23, 2019)

Posted in Collapse, Repurchase Agreement, Wall Street on September 23, 2019 by e-commentary.org

. . .

K          “Too much dirt.”

J          “Too few rugs.”

. . .

K          “Sweeping the dirt under the rug may not do it any longer.”

J          “Loom another rug?”

. . .

J          “Manufacture another can?”

K          “In China?  Subject to a tariff?  The road still needs to be repaired before we can kick something down it.”

. . .

J          “Raise another canary?”

K          “The market, not the government, is shuttering the coal mines.”

. . .

K          “The failure of the ‘Repo Market’ may be the Big Jolt.”

J          “Make another Market in its place?  . . .  Maybe not.”

. . .

[See the contributions of Pam Martens and Russ Martens in “Wall Street on Parade”, the real journal explicating Wall Street.]

[See the e-commentary at “Strait of Hormuz or Deutsche Bank?  Deriving Derivatives (July 8, 2019)”.]

Bumper stickers of the week:

Loom another rug; manufacture another can; raise another canary; make another Market.

Debt may not be repaid, but it is always paid.

“In the End, only three things matter:  How much you love, How gently you live, and How gracefully you let go of things not meant for you.”  Buddha