WILDFIRE 2

Uber Saxon Glen Beck wants to build a Billionaire Laager in America.

The KOCH brothers want to do the same.

Printing your own (democratised), money is a characteristic of sovreignty.

Having your own territory is another.

Democratised Money City States.

White trash outside.

Oh Yeah

CRACKERNOMICS: CHASING YOUR OWN TALE

The Ideological Crisis Underlying Today’s Tax and Financial Policy » Counterpunch: Tells the Facts, Names the Names.

CRACKERNOMICS 4

The invasion of 1066 which resulted in the subjugation of the Anglo Saxons by the Norman French resulted in what must be regarded as the greatest case of post traumatic stress syndrome in human history. Michael Hudson and other Saxons suffered such psychic trauma that they associate anything bad they see, from a childs cartoon to a goverment policy with ‘Neo-Feudalim’! Capitalism was invented apparently to overcome ‘ Feudalism’-but now the nasty Normans are back!

Only this time they are going by the sinister french nom-de-plume of ‘RENTIERS’.

These ruthless and sinister Frenchies intend to take by force or guile the WELFARE STATE invented by Bismark and so loved by HERENVOLK all over the territories of the SAXON AXIS.

So Michael Hudson wants an amnesty on debt and a return to a purer form of the Germanic cult of KAPITAL.

‘It remains the task of a new economics to revive the classical distinction between wealth and overhead, earned and unearned income, profit and rentier income – and ultimately between capitalism and feudalism.’

Herr Hudson, a  Saxon is a German dog with a French collar. The stupid animal worries and frets over the collar trying to get it off. But if it ever does  remove it,  then all it will be is a worthless stray.

A DONE DEAL

Badges, We Don’t Need No Stinking Badges! – Max Keiser.

Foreclosure Review Scrapped On Eve Of Critical Watchdog Report, Congressman Says.

 

On the 17th October 2010 I wrote the following

 

‘the Crisis is legally impervious to any standard solution to the problems it has created…    

The intractable nature of the crisis is forcing nation states in particular USA, to devise new legal solutions to the problem.

These legal solutions are of a scale and complexity comparable to the privatisations of the Soviet economy after the overthrow of Soviet Russia. ‘

 

It is finally becoming apparent even to corporate commentators that a fundamental change is taking place in the relationship between financial institutions and the governmental structure. Through wilful obtuseness or sheer stupidity these dummies will continue the farcical process of trying to give a meaning to these developments through the existing framework of law.  But gradually it will become undeniable that something fundamental has changed. Then a couple of years will be spent arguing over what the nature of that change is. And then finally, when there is no other viable option left the commentariat will be forced to agree with the position I laid out from the beginning. The only logical way to understand the new legal relationship between finance and government is to characterise the financial sector as sovereign money makers. But of course, by then it will be a done deal.