Swilling The Swamp (January 9, 2017)

Posted in Deep State, Genius, O'Bama, Presidency, Trump on January 9, 2017 by e-commentary.org

. . .

K          “Cunning and catchy phrase.  Donaldo Trumpi fooled the populace into believing he would do something to change the epidemic and endemic corruption, cronyism and incompetence in Washington.”

J          “But it is just another grand lie.  Salt water crocodiles are supplanting fresh water alligators.”

K          “What he meant is that he would drain the swamp in the financial sector in New York City and decant it into the D.C. swamp.”

J          “O’Bama appointed Timothy Geithner and Eric Holder.  Trumpi nominated Steve Mnuchin and Jeffrey Sessions.  Same old, same old; same new, same new.”

. . .

K          “Remember when President Jerry Ford nominated Edward Levi who was a calm hand as Attorney General at Justice.”

J          “Finding a lawyer with a tutored intellect, integrity, courage, judgment and wisdom in the United States is almost impossible today.”

. . .

K          “By the time he was inaugurated, O’Bama had surrounded himself with the ‘D’ apparatchiks of the ‘War and Wall Street Party’.  By the time he is coronated, Trumpi will surround himself with the ‘R’ apparatchiks of the ‘War and Wall Street Party’.”

J          “Same old, same old; same new, same new.”

. . .

K          “They say ‘in vino veritas’ or ‘in wine, truth.’  Trumpi does not drink, Twitter is his drink.  Yet ‘in Twitter veritas’ is insightful.  And imprudent.”

J          “Communicating in 144 characters is gross.  Yet the communications are refreshingly candid in a town that runs on deceit and dishonesty.”

K          “They say the Presidency is the ultimate bully pulpit, and he is the ultimate bully assuming the pulpit.”

. . .

K          “He grew up or at least got older in opulence, yet so many of his antics are those of the parvenu.  He was and is not accepted by the old money in New York City and was and is not trusted by the Deep State in D.C.  He had the chance to end run all of them by appointing talented individuals who would assist him challenge the status quo and implement his more rational campaign pronouncements.”

J          “If he had done it right, he would have had the satisfaction of knowing that the old guard and the old hands know he did it right even though they would never acknowledge his accomplishments or accept him as a person or the President.”

K          “And the personal satisfaction of knowing that he did it right.”

. . .

K          “Sometimes, if you want to be a genius, you need to be a genius.” 

J          “Not.  gonna.  happen.”

. . .

[See the e-commentary at “The ‘Ownership State’ and ‘Bush, Inc.’ (April 11, 2005)”, “Corporations United (February 15, 2010)”, “Commodities Futures / Future Commodities (March 8, 2010)”, “Schooling The Apparatchiks For the Kleptocrats (December 7, 2015)” and “On Merit and the Meritocracy (January 11, 2010).”]

Bumper stickers of the week:

Faking America Great Again

Keeping America American Again

Keeping America Hoodwinked Again

Draining the swamp into the swamp

Crocodiles replacing alligators

We did get fooled again.

There is a disturbance in the farce.

“You campaign in poetry.  You govern in prose.”  Mario Cuomo

You campaign in doggerel.  You govern in derision.  Donaldo Trumpi

“All you need in this life is a tremendous sex drive and a great ego.  Brains don’t mean a shit.”  Mayor Anthony “Captain Tony” Tarracino

Nero – Caligula In 2020  For a clear vision of the future

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

 

Public Bathrooms:  “Separate and Unequal” (December 26, 2016)

Posted in Civil Rights/Civil Liberties, Gay Politics, Gender, Privacy, Society on December 26, 2016 by e-commentary.org

. . .

K          “Someone who was one of the three or perhaps four heterosexual intellectuals in American to support gay marriage during the dark ages – in the early summer of 2011 – finds himself troubled by this new unbounded license to choose bathroom policy.”

J          “That makes you all kinds of very bad things, you know.  A reactionary, a red neck, a misanthrope, a misogynist, a mugwump and a sexist.  For openers.”

. . .

K          “Decades ago, I argued that notions of equal protection required more physical bathroom facilities for women than for men.  That turned some folks apoplectic.  Look at the lines outside the women’s bathrooms that form even today.  The average time per visit for women is much longer than for men.  I contended that the only way to achieve equality was and is to implement inequality.  That did not sit well in some quarters.”

. . .

K          “Clean available public bathrooms are key to public health.  Think about it.  When you turn on the television, they say that you invite into your living room deplorable characters that you would not allow to tread anywhere on your property.  Public bathrooms are part of the social contract we make with fellow citizens allowing all of us to enter and share the most private chamber in one’s castle for a short and awkward period of time.”

J          “When I stand next to an imperfect stranger at the wall urinal, I recognize that I am waiving my privacy in an uneasy truce with the other chaps for a minute or two.”

K          “Exactly.  We all agree to a ‘modus vivendi’ that entails a temporary suspension of our privacy.”   

. . .

K          “Thus, there must be an unequal number of stalls for women than men.  And the stalls should be kept separate based on decisions made by Nature.  In all other ways, treat everyone equally.”

. . .

J          “The likely response and compromise will be more single ‘family’ bathroom units in the future.”

K          “Building design will change.  The total number of square feet per person dedicated to public restrooms will increase.”

. . . 

K          “I wonder if being way ahead of the curve in the past is likely to lead one to be way ahead of the curve in the future.  Few see it.”

J          “You are still a filthy troglodyte.”

K          “I resemble that remark.”

. . .  

[See the “e-commentary” at “Brown: 5 – Plessy: 4 (June 29, 2015)”, “The Tsunami Hits Shore (March 24, 2014)” and “The Sea Change Is Now A Tsunami (March 11, 2013)”.]

Bumper sticker of the week:

Public Bathrooms:  “Separate and Unequal”

The Driverless Car Of Tomorrow . . . Is Here Today! (December 19, 2016)

Posted in Awards / Incentives, Genius, Global Climate Change, Global Warming, Nobel Prize, Technology, Transportation on December 19, 2016 by e-commentary.org

. . .

K          “At the Complexity Lecture in August, the engineering professor promulgated what he posits are the five technological plateaus to achieve the transition from a car that stops when it perceives another object or person to the transportation platform of the future that permits you to slip on board and sleep while being delivered to your destination.”

J          “Public transportation.”

K          “Exactly.  They do not realize how close they are to the solution.  Yet that is the sixth level of spiritual enlightenment that they cannot perceive because they do not recognize that the fifth plateau is what climbers call a false peak.”

J          “I went to a similar lecture, looked around and noted that I was the only one in the room who was not an engineer.  When done listening to the lecture and the question and answer session, I realized that I may have been the only one in the room who was an engineer.”

. . .

J          “To be nice, do you want me to e-mail Elon and you e-mail Senor Google?”

K          “While you are at it, let them know that Mother Nature has promulgated some immutable restrictions that are challenged but will not be surmounted by humans.  Those who control buckets and barrels of fossil fuel resources – and substantial government largesse – may be able to travel to Mars and take a selfie, but there will never be sustainable human colonies there.”

J          “Not having any vision or imagination is so debilitating.  The way I see it, many humans have an impulse to travel and explore.  Some who are imagining a colony/land fill on Mars do not realize that they are unwittingly manifesting their ‘fight or flight’ response by attempting to abandon and flee the great Superfund Site for another promised land.”

K        “And all in an electric driverless car.”

. . .

J          “As I recall, we retrieve our Nobels in December?”

. . .

[See “Google Wants Driverless Cars, but Do We?” by Jamie Lincoln Kitman.]  

[See the e-commentary at “Amtrak – The (Rail) Road to National Security (January 23, 2006)”.]

Bumper sticker of the week:

Be the first on your block to take the transportation device of the future . . . today

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

Dispatches From The War On Journalism: The New “Nixon’s Enemies List” (December 5, 2016)

Posted in First Amendment, Journalism, Newspapers, Press/Media on December 5, 2016 by e-commentary.org

. . .

K          “The unconscionable indignity inflicted on those poor souls who have worked and sacrificed all their lives only to be excluded from The List is reprehensible.”

J          “Imagine the shame having to face your friends and loved ones in this holiday season and admit that you did not make The List.  You do not measure up.  You are, as they now say in popular parlance, a loser.”

K          “John Michael Greer at “The Archdruid Report” and Greg Hunter and Paul Craig Roberts at “USAWatchdog” each commented on the travesty and indignity.” 

. . .

K          “Some individuals never recovered from being excluded from the ‘Nixon’s Enemies List’ released back in 1973.”

J          “Not one of them was ever interviewed for ‘Where Are They Now’ stories because no one even knew who they were.”

K          “Deserving individuals excluded for no good reason.”

. . .

K          “What a schism and chasm in journalism.  Adam Johnson at ‘Fair & Accuracy In Reporting’ wrote in ‘Why Are Media Outlets Still Citing Discredited “Fake News” Blacklist?’, and I quote to the best of my recollection, that ‘USA Today (11/25/16), Gizmodo (11/25/16), PBS (11/25/16), TheDailyBeast (11/25/16), Slate (11/25/16), AP (11/25/16), The Verge (11/25/16) and NPR (11/25/16) all uncritically wrote up the Post’s most incendiary claims with little or minimal pushback’.”

J          “Under the circumstances, a question or two is not inappropriate.” 

. . .

K          “The very real and serious danger is that extremely sophisticated players carefully devised an attack on anyone who thinks and writes something that challenges the official government/corporate line.  The article is a direct and ominous threat.”

J          “The attack is broadly against any commentator not owned by and subservient to the Owners.  The threat is very effective at chilling any criticism.”

. . .

K          “I heard a rumor that George Orwell is on a suicide watch.  It’s gotten that bad.”

. . .

Click on a site or two:

The Washington Post’s Propaganda about Russian Propaganda” by William K. Black at “new economic perspectives.org

The Corporate Media’s Gulag of the Mind” by Charles Hugh Smith at “of two minds.com

We’re Under Attack” by Yves Smith at “nakedcapitalism.com

The ‘Washington Post’ ‘Blacklist’ Story Is Shameful and Disgusting” by Matt Taibi at “rollingstone.com

The Propaganda About Russian Propaganda” by Adrian Chen at “newyorker.com

Washington Post Reporter Won’t Discuss His Controversial ‘Blacklist’ Story” by Dion Hinchcliffe at “truthdig.com

Why Are Media Outlets Still Citing Discredited ‘Fake News’ Blacklist?” by Adam Johnson at “fair.org

Counterpunch as Russian Propagandists: the Washington Post’s Shallow Smear” by Joshua Frank at “www.counterpunch.org

Timberg’s Tale:  Washington Post Reporter Spreads Blacklist of Independent Journalist Sites” by Pamela Martens and Russ Martens at “www.counterpunch.org

Truthdiggers of the Week: Journalists Who Ripped Washington Post, PropOrNot for McCarthyite Hogwash” by Natasha Hakimi at “truthdig.com

No, Russian Agents Are Not Behind Every Piece of Fake News You See” by Matthew Ingram at “fortune.com

Jeff Bezos owns The Washington Post — and the journalism it’s practicing” by Patrick Maines at “thehill.com

The End of the American Century” by John Michael Greer at “thearchdruidreport.blogspot.com

Fake News List Death Knell for MSM-Paul Craig Roberts” with Paul Craig Roberts and Greg Hunter at “USAWatchdog

The Deepening Deep State” by James Howard Kunstler at “kuntsler.com

Fascism with a Democratic Party Face” by Glen Ford at “http://blackagendareport.com/

I Am a Dangerous Professor” by George Yancey at “The New York Times

[See the e-commentary at “A ‘Journalist’ Declares War On Journalists . . . And Journalism (November 28, 2016)”.]

Bumper sticker of the week:

Mass Media Breeds Mass Deception

A “Journalist” Declares War On Journalists . . . And Journalism (November 28, 2016)

Posted in Blog, Cyberactivities, Digital, Facebook, Google, Internet, Journalism, Newspapers, Press/Media, Truth, War and Wall Street Party, Writing on November 28, 2016 by e-commentary.org

. . .

K          “The article may be the single most outrageous and egregious defamatory screed in the history of American journalism.”

J          “And it is irresponsible, inaccurate, unfounded, unfair and wrong.”

. . .

J          “The corporate media are now at war with independent commentators.  It is all about money and power.  The corporate players see a growing challenge to their hegemonic control of opinion and the profits that flow from purveying and controlling opinion.” 

K          “He indicted 200 sites on the basis of a website that is dubious at best.  I doubt he even uploaded a dozen of the sites. Review a few of them.  Charles Hugh Smith over at ‘Of Two Minds’ ventures trenchant commentary with supporting graphs and tables and light asides about life in Hawaii.  Chris Hedges and the folks at ‘Truthdig’ provide more substance and depth than ‘Newsweek’ and ‘Time’ in their prime and actually ferret out the Truth.  Yves Smith and the ‘Naked Capitalism’ team offer thoughtful and thought-provoking essays and commentary and have supplanted the ‘Wall Street Journal’ as America’s leading financial news source.”

J          “And interject cute pictures of puppies and other critters.  However, the ‘Tyler Durden’ chap at ‘Zero Hedge’ is the edgy and enigmatic bad boy who must be sampled cum grano salis.  The motley assemblage occasionally strays near the truth, yet there is a dark and disturbing undertone.  The right-leaning websites are also under assault.”

K          “The title of the ‘Ron Paul Institute For Peace and Prosperity’ directly challenges the one political party system in America – the ‘War and Wall Street Party’ system.  Wall Street is precluding and preventing Americans from achieving prosperity.”

J          “Both Paul Craig Roberts and David Stockman held positions in Republican administrations and now challenge the neo-liberal economic policy and neo-conservative foreign orthodoxy strangling the Republic.” 

K          “The author of the article goes for the throat and challenges each author’s patriotism.”  

. . .

K          “Ben Norton and Glenn Greenwald cogently and succinctly characterize the assault in their observation that the ‘Washington Post Disgracefully Promotes A McCarthyite Blacklist From A New, Hidden And Very Shady Group.’  The paper I delivered has so deteriorated over the decades.”

J          “Yet something funky and disturbing is going on out there.  We are in a new era of ‘antisocial media’ concocted by admixing Facebook and Google into a vile and evil brew dispensed anonymously.  A journalist getting it fundamentally wrong does not aid in getting it right.”

. . .

Bumper stickers of the week:

So many words, so little Truth

Facebook + Google = Trouble

Mass Media Breeds Mass Deception

Musings On Silver (November 21, 2016)

Posted in Banks and Banking System, Gold, Gold Standard, Money, Silver, Silver Standard on November 21, 2016 by e-commentary.org

. . .

_          “First place among the losers?”

_          “Dismissed as the ‘also-ran’ of precious metals?”

_          “Chump change or chump’s change?”

. . .

_          “I view gold as the farm and silver as the crops and the animals.  You do not sell the farm.  You do buy, sell and exchange the crops and the animals.”  

_          “So gold is the store of value and silver is the medium of exchange.  But what is the unit of account – hectares or hogs . . . or flashy pretentious paper with no real underlying value other than faith that is often misplaced by the populace?”

. . .

_          “The historic price relationship between gold and silver is way out of kilter.  Gold should be priced lower or silver should be priced higher.  If you account for the cost of production, gold is not priced too low and cannot be priced much lower without impacting the supply which will . . . drive up the price and further distort the price and the historic price relationship.  Ergo, silver should be priced much higher.”

_          “Everything is out of kilter.  Like so many other ostensible markets, we are dealing with rigged rackets.  Both prices are held artificially low by the powers that control price and sell paper precious metals.  But the prices cannot be held low forever.”

_          “Mr. Supply and Ms. Demand are not in the game.”

_          “Except to the extent that if a miner cannot make any money from mining, the miner will not mine.”

. . .

_          “Gold is for kings and silver is for royalty.”

. . .

_          “And there are some pure silver mines, yet silver is usually a byproduct of other mining for gold and copper.  The economics are intertwined and interdependent.”

. . .

_          “Someone said that roughly seventy percent of gold is used in jewelry and roughly seventy percent of silver is used in electronics and other commercial uses.”  

_          “Silver was once used in large quantities for analog photography.”

_          “Many digital devices use a speck of silver.  Those specks add up to a peck.”

. . .

_          “She reported back to her students that during her field trip to China fifteen years earlier, some shopkeepers exchanged her pre-1965 Washington silver quarters for two dollars and fifty cents in credit for her purchases in the shop that day.  Think about it, on average, the Chinese shopkeepers offered the tenfold premium without even a prod or a prompting.  They are in the know and they know it.”

_          “The Chinese shop keepers’ take on the pre-1965 two bits is revealing.  They will take them in exchange for twenty bits worth of products.”  

. . .

_          “That Series 1935 A silver certificate framed in the den is from a Hong Kong shopkeeper who swiftly slipped the certificate with the lapis lazuli Treasury seal in among the other unpretentious camo-colored Federal Reserve Notes she dealt and dropped in front of me.  She appeared to be sloughing it off on someone who might not notice the outlier dealt to him.  I pulled it out of the stack, stared at it and could hear its story and feel its history.” 

. . .

_          “And silver is shinier than gold.”

_          “Describing a silver salmon as ‘dime bright’ invokes and evokes a clear image.”

. . .

[See the e-commentary at “The Silver Standard:  The Value Of (Sort Of) Real Money (July 15, 2013)”, “Is The Gold Standard Really The Gold Standard? (January 18, 2010)”, “The Gold Standard Revisited (August 15, 2015)”, “‘Fiat Gold’ / Fool’s Gold (May 2, 2011)”, and “The Mandibles, FRNs, SDRs, IMF, G20, WTD! (September 5, 2016).”]

[JFK – May 29, 1917 – November 22, 1963]

Bumper stickers of the week:

Silence is golden; gold is silent

What is the gold standard again?

The E-pocalypse:  My Fellow Americans, Our Long National Nightmare Is Beginning (November 14, 2016)

Posted in Blue States / Red States, Clinton, Democrats, FBI, Journalism, Newspapers, Pogo Plight, Presidency, Press/Media, Radio, Republicans, Trump, Voting, War and Wall Street Party on November 14, 2016 by e-commentary.org

. . .

K          “The national political stage is now showcasing a burlesque reality show with America’s Silvio Berlusconi at center stage.  Donaldo Trumpi.”

J          “If you want to be the laughingstock of the world, you need a fool to make ‘em laugh.”

K          “And to fool them.  Washington has devolved into Rome, so the populace might as well coronate Nero to oversee the cesspool.”         

J          “Circuses and bread . . . and Trump.  P.T. Barnum would be amused.  He only took the peoples’ money and yet gave them a spectacle in return.  The people soon will see that Trump will take their dreams and give them nothing.”

. . .

K          “Post Trumpatic Stress Disorder (PTpSD) is haunting three cohorts this week.  The reflective Bernie supporters who voted for Trump or others in protest are stupefied.  The disconnected voters who did not want Trump in the White House but could not vote for Clinton and were confident she would win are horrified.  And those who simply cannot accept Trump in the White House are terrified.”

J          “We need to adopt a provision from consumer protection statutes to allow voters to reconsider their decisions within seventy-two hours.” 

. . .

K          “I thought the ‘e-pocalypse’ would be an economic apocalypse not an election apocalypse.”

J          “Don’t panic.  That is coming.”

. . .

K          “Trump is the only candidate who Clinton could beat.  Clinton is the only candidate who Trump could beat.  The rules were written so that the voters could not vote for both of them to lose at the same time.  Someone was forced to win.”

J          “In a nation with millions and millions and millions of potential candidates, the number ‘n’ candidate and the number ‘n – 1’ candidate were engaged.  Long before the election, however, the Democrats elected to lose with Clinton rather than to win with Sanders.”

. . .

K          “For the last few months, I could see something bubbling in the background and hovering on the horizon.  The media were trapped in a bubble.  The Clinton campaign was trapped in a bubble.  Neither had an air vent to the real world.  The double bubble was leading to trouble for Clinton.”

J          “An old boy once told me that you should never breathe your own fumes.”

. . .

J          “The decision by the FBI director James Comey to revive the inquiry into Clinton’s use of a private e-mail server was a factor that caused her to lose.  He should be indicted.”

K          “The system is so corrupt that the FBI director can do anything and is above the law.  Only the poor and downtrodden get indicted in America.”

J          “The successful efforts by Republicans in some of the battleground states to purge their voting roles had an impact that needs to be analyzed with care.”

. . .

K          “Madeline Albright’s threat that women who do not vote for Clinton will find a place in Hell did not play well.  Too many citizens are already living a hellish existence.  Telling someone that you have no choice except to capitulate to a candidate rubbed many the wrong way.  Voting the opposite way is the only way to proclaim one’s freedom and independence.”

J          “And worth.  The simple truth is that many uneducated white males were threatened by and unwilling to vote for an educated white female.  I told others to disregard her smug, privileged, arrogant and sanctimonious attitude and vote for someone who is at least somewhat stable.”

K          “Romney’s disdain and dismissal of the ‘47 percent’ in 2012 before a private gathering of old White boys played a decisive role in his defeat.  Why Clinton decided gratuitously to take a page from his play book, disparage the ‘deplorables’ in public and leave voters wondering whether they were worthy of voting for her is stupefying.”

J          “And stupid.  There is no other word for it.  She spent time in Arizona and Georgia seeking to win by a landslide but was unaware of how the tectonic plates had shifted under her.  She never even went to Wisconsin to touch base with the folks.  All she had to do was listen to one legitimate grievance and show some empathy.  Every newspaper in the Badger State would have covered the trip.  Some attention to Michigan and Pennsylvania and perhaps Ohio suggesting a positive message rather than carping about Trump would have served her well.”

K          “If she had truly labored on a salmon slime line in Alaska and learned some life lessons rather than just logging a novel resume entry, she would be POTUS-elect.” 

. . .

J          “Some projected that if Clinton were elected, Whites would flock to and flood gun stores.  With Trump’s election, the flood gates are now open to inflict violence on Blacks and Browns who now need to flock to gun stores.  The threat to them is much more real today.”

K          “The National Rifle Association did more than any other institution to put Trump in the House for Whites.”

J          “And the grand irony in this year of absurd consequences is that the NRA followed the practice of so many voters by voting against its interest.  If Clinton had been elected, gun sales would have exploded.  Gun sales and gun stocks now may go down.”

. . .

J          “His antics earned him a billion dollars’ worth of free media coverage particularly when he was outrageous and offensive and himself.  There is a take home message there for future candidates.”

K          “The candidate who spent more money has won every modern Presidential election.  Except this election.  That fluke likely will never happen again.” 

J          “The new ‘antisocial media’ allowed streams of vile and unfounded invective to pass for political insight and surpassed the effectiveness of Anger Mongering (AM) radio.  Elections may soon be fact-free and issue-barren.”

. . .

J          “Compare the list of endorsements for President published by the top hundred newspapers since the 2000 Presidential election.  They were divided about equally between the two candidates.  Never has a major party Presidential candidate received one and only one endorsement and that from a regional paper.”

K          “The media bubble again.  He also received the nod from the Klan rag.  Not receiving one endorsement from a major newspaper was the most compelling and convincing endorsement for many.”

J          “The hate and fear newspapers present a daily gauntlet of hate and fear to everyone going through the checkout lines at grocery stores.  Repetitive subconscious subliminal messages conveyed on the small bill boards that box in the consumer, even if the rag is not read or even picked up, increased the population’s susceptibility to the messages of hate and fear.  Toss in the trip hammer of hate and fear spewing from the Faux Network at home.  Trump only had to whistle.”

. . .

K          “Trump should read the discussion in “‘Mericanize:  Monetize, Mechanize And Militarize (December 30, 2013)” over at e-commentary.org.  The landscape has not changed since then.  Factories are all automated.  Factories, wherever located, do not employ and will never employ many workers.”

J          “He does not care about ideas.”

. . .

K          “By November 5, the Republican Party was pronounced dead on a few websites and then resurrected three days later.  During the early morning hours of November 9, the Democratic Party was put on life support and left in a coma.”

. . .

K          “The undigested anger is still festering.  None of the underlying problems will be addressed.  The anger will find another outlet.”

. . .

J          “Now what?”

. . .

[See the e-commentary at “Boycott Red America (January 3, 2005)” and “‘Mericanize:  Monetize, Mechanize And Militarize (December 30, 2013)”.]

Bumper stickers of the week:

The election apocalypse (hereinafter “E-pocalypse”):  Coming to a Republic near you

Did America just repudiate its sanity, decency, humanity and integrity?

Fake quotes will still ruin the Internet.  Benjamin Franklin

The future is certain and the end is already here.

You can’t always get what you want, but if you try, sometimes, you get what you do not need.

Suffer Clinton.  The Devil.  We know. (November 7, 2016)

Posted in Blue States / Red States, Elections, Political Parties, Politics on November 7, 2016 by e-commentary.org

. . .

K          “The ‘D’ division of the War and Wall Street Party foisted a candidate who passionately believes in pursuing war and protecting Wall Street.  The ‘R’ division of the W.W. Party forwarded a candidate who may not be as passionate about pursuing war and protecting Wall Street but then with him who the devil knows.  He is a nativistic, nihilistic and narcissistic nut job.”

J          “Add Nazistic to that list.  And misogynistic, racistic, and xenophobic.”

. . .

K          “He is also supported by the Middle Finger Party.  Some of the more reflective people who support The Donald are thoroughly disgusted with a government and economic system that is corrupt to the core.”

J          “The Middle Finger Party is not the Middle Way Party.”

K          “I am confident that the only profitable party – The War and Wall Street Party – is the Wrong Way Party.”

. . .

K          “Her entourage includes punks, thugs, grifters, drifters, shop lifters, lifers, ex-cons, cons, future cons, neo-cons, neo-libs, criminals, war criminals, war mongers, inside traders, outside traders, traitors, terrorists, ne’er–do–wells and cattle rustlers (hereinafter “Kennedy School/Goldman Sachs” archetypes).”

J          “His gang includes punks, thugs, grifters, drifters, shop lifters, lifers, ex-cons, cons, future cons, neo-cons, neo-libs, criminals, war criminals, war mongers, inside traders, outside traders, traitors, terrorists, ne’er–do–wells and cattle rustlers (hereinafter “Wharton School/Fly By Night REIT” archetypes).  But we do not even know who he will put on the public payroll.” 

. . .

K          “Clinton is a globalist and Trump is a nationalist.”

J          “So that means that Clinton will usher in a World War and Trump will usher in a Civil War.”

K          “They do not call it the Peace and Wall Street Party.”

. . .

J          “I concede that Clinton privately supports and will sign the Trans-Pacific Partnership because it benefits the international corporations that fund and bribe Clinton, Inc.”

K          “Trump’s challenges to the international trade agreements, if genuine, are challenging because truly free trade can provide mutual benefits to many but not all.  He cannot reject all of the treaties carte blanche with executive orders.”

. . .

K          “Three score years ago, Adlai Stevenson ran against Dwight Eisenhower.  Statesmen both.  The nation could not go wrong with either candidate.”

J          “In two generations, a ‘win-win’ option then is replaced with a ‘lose-lose’ dilemma now.  That must be what they call progress.”

. . .

J          “Vote against Trump.  And for Clinton.”

K          “In the final analysis, it all comes down to the Supreme Court.  Vote for the crook over the crazy man.  With extraordinary reluctance.  Then despair.”

J          “It has gotten old.”

. . .

J          “Vote.”

K          “Vote.”

. . .

[See the e-commentary at “Better the crook we know than the crazy man we don’t?  Applying The Conservative Tie Breaker. (June 20, 2016)”, “The ‘War and Wall [Street] Party’ On The War Path (February 1, 2016)”, “The Donald:  The Consummate Republican.  Sort Of. (March 28, 2016)”, “On Male ‘Diss’ ‘Coarse’ And Electioneering (March 21, 2016)”, “A Second Party:  Trump or Sanders? (March 14, 2015)”, “Trans-Pacific Partnership / United Nations Convention On The Law Of The Sea (May 25, 2015)” and “The First Look At The ‘Second Political Party’ (January 3, 2011).”)

Bumper stickers of the week:

Vote.

Vote Clinton.  With extraordinary reluctance.  Then despair.