tag:blogger.com,1999:blog-2761684730989137546.post1077847075875931864..comments2024-03-28T07:50:06.102-04:00Comments on Mike Norman Economics: Rising resource costs and the global push for austeritymike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2761684730989137546.post-55510852287432587422011-03-02T00:16:18.396-05:002011-03-02T00:16:18.396-05:00also just the very existence and nature of the int...also just the very existence and nature of the internet speaks to the essence and function of the aquarian age as well...which was a big part of the ME events too as we all know. Cultures move internally as well as in parallel in fascinating and powerful ways. Marx was a true genius imho. :DMariohttps://www.blogger.com/profile/00905402431684735610noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-48423417569088315452011-03-02T00:14:07.416-05:002011-03-02T00:14:07.416-05:00yup it's pretty sinister. I like tom's ref...yup it's pretty sinister. I like tom's reference in past comments to the "superclass" b/c that's pretty darn accurate to it all. <br /><br />In regards to Mike's comment about no real leader for worker's rights these days...that may be true, but you know things just have a tendency of working themselves out anyway somehow, someway. <br /><br />Not to get too weird on you all but astrologically we are moving out of the piscean age and into the aquarian age...translation? One way to look at what that means is that we are moving away from individual leaders leading a group to a conglomerate group of individuals leading itself (aka group consciousness based upon empowered individuals) rather than a group lead by one person or visionary. The events in the ME speak to this type of action pretty much to a "T." <br /><br />As Hamlet says, "There is more between heaven and earth than your philosophy dear Horatio." ;) <br /><br />Cheers!<br /><br />MT :)Mariohttps://www.blogger.com/profile/00905402431684735610noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-17406918884647954242011-02-28T12:30:04.974-05:002011-02-28T12:30:04.974-05:00Great article in Vanity fair by Michael Lewis on I...Great article in Vanity fair by Michael Lewis on Ireland. I think you have to subscribe or buy the physical magazine.bubbleRefugehttps://www.blogger.com/profile/17519418009762139033noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-20281525888955707862011-02-28T07:41:37.728-05:002011-02-28T07:41:37.728-05:00We have had the Iceland rejection of the package t...We have had the Iceland rejection of the package to pay back foreign depositers in their corrupt banks by I believe 93% in a referendum vote (albeit a referendum they were lucky to obtain).<br /><br />Now another key vote is coming up in Ireland. I believe the sitting govt there put on the same types of austerity measures as were rejected in Iceland, an now a new election is coming up in March where Ireland voters can perhaps reject the sitting govt and put in a new govt to roll back the deal....<br /><br />Lets see how Ireland goes.<br /><br />If BFG reads this can BFG give a brief update to how it is shaping up for the vote in Ireland?<br /><br />Resp,Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-85416811794885183672011-02-28T05:23:22.817-05:002011-02-28T05:23:22.817-05:00Tom,
They may make a noisy exit, but an exit it w...Tom,<br /><br />They may make a noisy exit, but an exit it will be, for who is their advocate? No one. There is no longer a political party that stands up for worker rights as the monied interests that run the country have now "bought" the Democrats, too. This has become very obvious from recent evcents.mike normanhttps://www.blogger.com/profile/03296006882513340747noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-40267252263713118902011-02-28T01:40:44.842-05:002011-02-28T01:40:44.842-05:00What comes next? Falling effective demand, contrac...What comes next? Falling effective demand, contraction, mortgage defaults, debt deflation, and depression in the developed world, resulting in social unrest, which when rebuffed turns into voter revolt and the end of neoliberalism. <br /><br />I don't see Western workers going back to the 19th century quietly. Not going to happen as long was we have democratic elections in the West. People are well aware that there is no shared sacrifice with corporations and banks flush and the middle class and poor being forced to bear the brunt of other people's mistakes and crimes. You can't fool all the people all the time, no matter how much money you have.<br /><br />Joseph Schumpeter, <i>Capitalism, Socialism, and Democracy</i> (1942)<br /><br />Strauss & Howe, <i>The Fourth Turning</i> (1997)<br /><br />Ravi Batra, <i>The New Golden Age: The Coming Revolution against Political Corruption and Economic Chaos</i> (2007)<br /><br />L. Randall Wray, "The Great Depression and the Revolution of 2017" (satire)<br /><br />Everything seems to be right on track. There is already a revolt against neoliberalism underway throughout the world. Stay tuned.Tom Hickeyhttps://www.blogger.com/profile/08454222098667643650noreply@blogger.com