The “Goldman Sachs” Administration: 1993 – ?

On holidays in Melbourne, having an awesome time showing @fddlgrl all of my favourite haunts. Just have one quick thought to share with you.

We need to stop referring to the “Clinton” administration, the “Bush” administration and the “Obama” administration. We need to start referring to the last 16 years collectively as the “Goldman Sachs” administration.

I was prompted to think of this while reading this post on Crooks and Liars about the TARP bailout. The suggestion is that the bailout isn’t Obama’s fault, because Bush was still in power when it happened. They seem to be forgetting that the US Senate said NO to the original bailout vote, and it wasn’t until Obama took time out of his election campaign to “work Capitol Hill” that the bailout finally passed. I remember him getting the credit for it at the time. So he doesn’t get a pass on that shit.

The point, though, is that the US Treasury, under Clinton, Bush and Obama, has continued to be run by ex-Goldman Sachs executives. So let’s not fool ourselves about who is in power. Goldman were the single largest private investor in Obama’s election campaign. And now they are they have managed to wipe out their competition. As they say here, “Like on the TV program SURVIVOR – the last survivor standing is Goldman Sachs – who receives the grand prize. But in this case it is not just the fame and one million dollar prize. It is infamy with trillions of dollars in rewards.”

The banksters seem to be running things, at least in the USA. A friend of mine who works in finance told me recently how the big four banks in Australia have emerged from the GFC even more arrogant than ever. They managed to buy out most of their competition and now they have an even stronger lock on the marketplace, deciding who gets finance and at what usurious rates. Which is just another reason for all of your to join me on the “Million Bank March” campaign. It’s the only way I can see that we can start to reign them in.

CRU Hack Has Nothing Of Interest

Oh come ON. This CRU hack story is the biggest beat-up I’ve heard in a long time. Of the 4000 documents and emails they hackers got their hands on, the best dirt people can find is a request to delete some non-specified emails and some discussion about how to present the data in the best way to make it easy for non-scientists to understand the trend? That’s a pretty lame smoking gun, especially when the other side have been caught red-handed literally making shit up.

From the excerpts I’ve read, it just sounds like a bunch of scientists trying to win an infowar against a much more powerful and fully-financed opposition. We might wish they could hold to a higher standard of ethics and transparency, but these folks are in the bunker. Their credibility and intelligence is being challenged on a daily basis. They are fighting for the survival of their species. It’s only natural for them to be a little cautious about what how the data gets presented and to fight against the people who are trying to manipulate the data for nefarious purposes.

But there’s *nothing* I’ve seen that even suggests these scientists fudged data or even manipulated the data to prove a dodgy theory. If you’ve seen something like that in the evidence, point me to it.

This whole beat-up reminds me of when Michael Moore’s critics try to attack his films on the basis that he edits the footage with an agenda. No kidding.

(source of the melting ice photo is UNSW)

More than just quotes from The Wire…

… these are an entire philosophy.

For my money, The Wire was the most intelligent television show ever made. I wasn’t just the depth of the analysis of what’s wrong with America, it was also the brilliant dialogue (as the below video demonstrates) and amazing cast of many young, black actors portraying the kids on the corners. If you haven’t seen it, make it a priority. Warning: it’s probably unlike any show you’ve ever seen in that it doesn’t really succumb to typical 40 minute story arcs. I watched the first episode and went “meh”. It was only through the recommendations of people like Ben Barren that I persisted through the first season. By the end of season one, my mind was blown.

Seriously, Brits, Your Queen Looks Ridiculous

If you don’t find this whole thing totally ridiculous and abhorrent, then I suggest you need to wake the hell up. It’s 2009 and you people still allow this kind of nonsense? Listen – the whole idea that some people are born “royal” and superior to everyone else should have died about centuries ago. I know, I know – most people still believe in the sky daddy, too. But come on, UK. We really can’t take you seriously while you still pander to some old bint dressing up in a crown and sitting on a golden throne. It’s not only foolish, it’s abhorrent.

No Illusions #02 – Ideas While You Sleep

Yvonne Adele (aka Ms Megabyte) is a Melbourne-based entrepreneur and founder of Ideas While You Sleep, an overnight brainstorming service for business utilising hundreds of clever global brains. It’s a brilliant idea for helping small and large businesses around the globe leverage the power of crowd-sourcing. It’s so terrific I’m embarrassed I didn’t think of it first. 

Christian KRudd Dodges Catholic Royal Commission

He may be an Anglican, but KRudd is “one of the boys” when it comes to protecting the religious establishments of Australia.

According to the BBC:

Australian PM Kevin Rudd has apologised to the hundreds of thousands of people, some British migrants, who were abused or neglected in state care as children.

(via BBC NEWS | Asia-Pacific | Australia ‘sorry’ for child abuse.)

I know from my interview with Dr Wayne Chamley from Broken Rites that the Catholic Church are alleged to have been the main protagonist in this child abuse in Australia but the Federal Govt won’t hold a Royal Commission into the issue like the Irish government did. To deflect the issue, KRudd would rather just apologise. But there’s no justice in an apology. It boggles the mind why the leaders of this country don’t think that the Catholic Church should have to answer for its crimes like any other criminal organisation. As far as I’m aware, the Australian Sex Party is the only political party in this country that has a policy calling for a Royal Commission into child sexual abuse.

No Illusions #01 – Vote 1 For Sex!

Episode 1 of the new show!

The No Illusions Podcast examines the truth about how we’re living our lives.

Today’s guest is Fiona Patten, the founder of The Australian Sex Party. That’s a political party, not a tupperware party. And they are SERIOUS. They have a great set of policies that I endorse, including ending the internet filter and holding a Royal Commission into child sexual abuse by religious institutions. They have two candidates in upcoming elections and Fiona herself is running for Peter Costello’s old seat of Higgins in Victoria. Fiona is running against the Greens Candidate – THE Clive Hamilton, architect of the Rudd Govt’s evil internet filtering plan.

Keep up to date on their progress by following the Aust Sex Party on Twitter.

Why Socialism? by Albert Einstein

In 1949, 16 years after he migrated to the USA, Albert Einstein, probably the most brilliant mind the human race developed in the 20th century if not of all time, wrote a pamphlet endorsing socialism.

The economic anarchy of capitalist society as it exists today is, in my opinion, the real source of the evil.

I am convinced there is only one way to eliminate these grave evils, namely through the establishment of a socialist economy, accompanied by an educational system which would be oriented toward social goals. In such an economy, the means of production are owned by society itself and are utilized in a planned fashion. A planned economy, which adjusts production to the needs of the community, would distribute the work to be done among all those able to work and would guarantee a livelihood to every man, woman, and child. The education of the individual, in addition to promoting his own innate abilities, would attempt to develop in him a sense of responsibility for his fellow men in place of the glorification of power and success in our present society.

Read the rest of his pamphlet here.

Those people who think socialism is bad, need to put together a better case against socialism than Einstein put forward FOR it. Who are the leading intellectuals that have spoken out against socialism and what were their arguments?

Instead of these simplistic rants that I’m seeing bandied about, I’d love to see some intelligent discussion, IF you’re all capable of it.

Is Socialism Inherently Flawed?

Another criticism I have of Michael Moore’s “Capitalism” is that nowhere in the film did he discuss the alternatives to capitalism. There is one very short segment that discusses the attitudes of Americans about socialism in the lead up to the 2008 election, but there was no detail on what socialism is.

This morning I read this rant about the evils of socialism on “American Thinker” which claims:

“…the Achilles heel of collectivist dogma: for a planned economy to succeed, there must be central planners, who by necessity will insist on universal commitment to their plan.
How do you attain total commitment to a goal from a free people? Well, you don’t. Some percentage will always disagree, even if only for the sake of being contrary or out of a desire to be left alone. When considering a program as comprehensive as a government-planned economy, there are undoubtedly countless points of contention, such as how we will choose the planners, how we will order our priorities when assigning them importance within the plan, how we will allocate resources when competing interests have legitimate claims, who will make these decisions, and perhaps more pertinent to our discussion, how those decisions will be enforced. A rift forming on even one of these issues is enough to bring the gears of this progressive endeavor grinding to a halt. This fatal flaw in the collectivist design cannot be reengineered. It is an error so critical that the entire ideology must be scrapped.”

This guy obviously doesn’t realize that capitalism also requires a “total commitment to a goal from a free people”. We have laws in a capitalist society, just as they do in a socialist society. We even have laws (a LOT of them) that dictate how we operate economically. For example – try setting up a bank in your town without getting a banking licence from some government authority. Watch how long you last.

If the so-called “Achilles heel” or “fatal flaw” of socialism is that they have laws then capitalism has the same fatal flaw.

We have “central planners” in capitalist countries as well. They are called “government departments”.

This kind of stupid argument demonstrates how blinded many Americans are by the ideological programming they have been receiving for the last century.