It's All of The Same...

Back in the day when I taught Neo-Fascism (high school economics)-

Oh that's right I was a high school social-sciences teacher. You didn't know that? Oh well, I was. Isn't that something? Good times.-

So, back then, it was a challenge to get the private Christian high schoolers to see the meaninglessness of the label "liberal" as far as our economics or politics was concerned. One of the things we did to that end was investigate how WorldCom collapsed. Remember that? WorldCom. It was a current event at the time and though it happened on W's watch, it was easy to pin on Clinton, so the little right-wingers could get into it and it taught an important lesson.

Anyway, we looked at WorldCom's apparent growth and collapse, and one of the things that was plain as anything to them, was the state made the legal arrangements that made conflicting interests no longer conflict. They understood that commercial and investment banks merging benefited "someone" and with my heavy-handed browbeating they learned that someone was the Wall St. bankers who gave money to the lawmakers who made the legal arrangements that made these new banks possible. These new banks could buy the stocks of companies like WorldCom as an investment bank with money from their commercial bank side and then inflate its value and use this inflated value to buy other "telephone" companies inflating the value even more and then do this over and over again with the new bank handling each deal and collecting fees for doing so. This could go on and on and on forever. It was a win-win. Until it wasn't. Except for those for whom it still was.

The kids could see that this was no accident or flaw in the machine but a design of the machine. In fact, I got some of these kids into hating the repeal of Glass-Steagal before hating the repeal of Glass-Steagal was cool (if only because young people love to hate people who get to take advantage of unfair situations even if they don't hate unfairness itself). None of us saw this coming- the great fake money collapse of the 21st century- but we could see that where and how the cogs of the legal machine were set, they were set in such a way as to benefit those who set them.

Duh.

But even back then it was about fake value, fake money. But that fake money represented the possibilities of real power to those that made and benefited from the legal arrangements that made the fake real.

This wasn't about liberal or conservative.* Those labels only mean something to class collaborators and fat cats. (Okay take it easy, Karl) This was about wealth and the way it manifests itself- making politicians rebel and keep the company of thieves, and all that. It reveals a little bit of what's hidden behind a veil of legitimacy.

Anywho... If any of that was a candle, this is a flood light. I know, I know, he uses bad words and doesn't show proper deference to religion. What are you gonna do?

Here, at least read this:

"People are pissed off about this financial crisis, and about this bailout, but they're not pissed off enough. The reality is that the worldwide economic meltdown and the bailout that followed were together a kind of revolution, a coup d'état. They cemented and formalized a political trend that has been snowballing for decades: the gradual takeover of the government by a small class of connected insiders, who used money to control elections, buy influence and systematically weaken financial regulations."

This is prophetic work for our dispensation- for good, bad, or other.

* Though I might add it was about big government. The lack of government oversight made the bad worse, both in terms of the lack of governmental oversight or concerted citizen power acting as a check on the dismantling of existing banking regulations and the creation of new ones that made the financial arrangements that led our present crisis- but they are kind of the same thing, aren't they?

So in this case, it would make sense to do what your gut might tell you: blame Clinton
Idioteque- Radiohead
Anywhere's Better Than Here- The Replacements
What's Behind the Mask- The Cramps
The National Anthem- Radiohead
Baba O'Reilly- The Who
I Ain't Got no Home- Bruce Springstein
Soul of A Man- Beck
Summertime Rolls- Jane's Addiciton
Don't Talk- The Beach Boys