B' en Natuf
June 11th, 2009, 3:14 pm
US capitalism died a couple days ago and most sheople don't even know it, a victim of the O'fascialist tyranny which elevates those who want without warrant, demand without due, and claim without currency. Most sheople don't think it really means anything, bur it will, and when it does maybe the sheople will finally open their eyes to the truth of what is happening instead of the illusion of what was. Like the ghosts that haunt men’s dreams the apparition of capitalism will fade slowly as the energy which sustains it ebbs into the distant memories of what once was but is not yet gone, lingering in a manner reminiscent of the insubstantial disembodied spirits of the unknowing dead; its ghastly opaque carcass willing itself to remain vibrant in an impossible struggle with the reality to which it is no longer captive.
Like all deaths this one will be grieved and like all grief the stages will be apparent. The first stage of grief is denial and this once great nation is certainly in a state of denial about the reality of what we were and what we have become. At some point denial will give way to anger. Will that anger manifest itself in a way that will allow an enraged populace to kick the corpse of a capitalist market back to life? Doubtful, by the time the sheople realize the engine has failed a majority of them will be piled into the car looking for a free ride like clowns in a circus. How great will the depression be when Americans realize that they no longer have the ability to fly high on the trarpeze of enterpreneurial excitement? That navigating the tight rope that leads to financial security is not anchored on the far end of the walk and leads nowhere? That the big cat of production no longer responds to the whip of a stalled economy devoid of the crack of innovation? When this period has passed will the once proud nation settle into the mediocrity of acceptance? Accepting for all time that we are no longer the masters of the big tent, but are relagated to a sideshow? A freak to be gawked at by passersby who laugh at our folly and gasp at the hideous state to which we have fallen? In all likeligood... yes they will, as they are mezmerized by the drone of the witch of the O'fascialist tyrant promising the future he can only see in the shadows cast on the shiny glass ball which distracts the sheople while he reaches into their pockets and releives them of the encumbrance of their wealth.
Capitalism is built on the ability of industry to raise cheap capital to finance expansions and innovation upgrades, sans this ability capitalism may work, but the price of its working is an inflationary spiral. The higher cost of capital effects the cost of all things the capital is related to and puts the companies that are subject to this cost at a competitive disadvantage to others which are not. If the cost of capital spirals too high a capitalist market will find itself being left behind by other markets with cheaper capital. The further behind it lags the more dependent it will become on government for finance. Before long the government will gave so much invested in "propping up the market" that the government will own and control the market and -ouala! - you are either fascist or socialist or some combination of the two.
When the Oligarchic branch (SCOTUS) let stand the Chrysler sale they drove a knife through the heart of our capitalist economy that will bleed us out over time. Capital investors will flee to other more stable markets... ones where they have some assurance that a fascist executive branch isn't going to come in tomorrow and void their contracts in favor of its union buddies or that a socialist legislative branch isn't going to change the rules of the game tomorrow and increase the labor costs of their creditors by about 20% by requiring business to offer benefits that heretofore were negotiable between a business and its employees.
Like all deaths this one will be grieved and like all grief the stages will be apparent. The first stage of grief is denial and this once great nation is certainly in a state of denial about the reality of what we were and what we have become. At some point denial will give way to anger. Will that anger manifest itself in a way that will allow an enraged populace to kick the corpse of a capitalist market back to life? Doubtful, by the time the sheople realize the engine has failed a majority of them will be piled into the car looking for a free ride like clowns in a circus. How great will the depression be when Americans realize that they no longer have the ability to fly high on the trarpeze of enterpreneurial excitement? That navigating the tight rope that leads to financial security is not anchored on the far end of the walk and leads nowhere? That the big cat of production no longer responds to the whip of a stalled economy devoid of the crack of innovation? When this period has passed will the once proud nation settle into the mediocrity of acceptance? Accepting for all time that we are no longer the masters of the big tent, but are relagated to a sideshow? A freak to be gawked at by passersby who laugh at our folly and gasp at the hideous state to which we have fallen? In all likeligood... yes they will, as they are mezmerized by the drone of the witch of the O'fascialist tyrant promising the future he can only see in the shadows cast on the shiny glass ball which distracts the sheople while he reaches into their pockets and releives them of the encumbrance of their wealth.
Capitalism is built on the ability of industry to raise cheap capital to finance expansions and innovation upgrades, sans this ability capitalism may work, but the price of its working is an inflationary spiral. The higher cost of capital effects the cost of all things the capital is related to and puts the companies that are subject to this cost at a competitive disadvantage to others which are not. If the cost of capital spirals too high a capitalist market will find itself being left behind by other markets with cheaper capital. The further behind it lags the more dependent it will become on government for finance. Before long the government will gave so much invested in "propping up the market" that the government will own and control the market and -ouala! - you are either fascist or socialist or some combination of the two.
When the Oligarchic branch (SCOTUS) let stand the Chrysler sale they drove a knife through the heart of our capitalist economy that will bleed us out over time. Capital investors will flee to other more stable markets... ones where they have some assurance that a fascist executive branch isn't going to come in tomorrow and void their contracts in favor of its union buddies or that a socialist legislative branch isn't going to change the rules of the game tomorrow and increase the labor costs of their creditors by about 20% by requiring business to offer benefits that heretofore were negotiable between a business and its employees.