Saturday, July 25, 2009

Michael Hudson - getting out a lot more these days...

38 comments:

Parabellum said...

Michael Hudson reminds me of Milton from Office Space.

If they move my desk one more time, I'll set the building on fire.

While Milton is a rambling idiot, Michael is spot on in his analysis how everything works, but he just wants to go back to ye good ol' capitalism. Of course, there is no such thing as nice capitalism - unless you are a capitalist, of course. So his problem is not that there are people who pack more money in their bedcloths than the combined worth of Africa and Latin America, his problem is that he is not part of it.

Elmer Quigley Gooseburger said...

This is curently showing on the BBC news website as the fourth most read / 5th most shared news item today;

"The final mystery of 9/11 will soon be solved, according to US experts investigating the collapse of the third tower..."

This "news" item is three weeks old. Appears to me that the Beeb are artificially hoisting this story... to impress upon us that the FINAL mystery of 9/11 will soon be SOLVED!

It's at time like this I wish I could leave blogger comments in green and purple text...

Elmer Quigley Gooseburger said...

This is currently showing on the BBC news website as the fourth most read / 5th most shared news item today;

"The final mystery of 9/11 will soon be solved, according to US experts investigating the collapse of the third tower..."

This "news" item is three weeks old. Appears to me that the Beeb are artificially hoisting this story... to impress upon us that the FINAL mystery of 9/11 will soon be SOLVED!

It's at time like this I wish I could leave blogger comments in green and purple text...

Elmer Quigley Gooseburger said...

More bloody BBC repeats....

paul said...

7/7 and 9/11 sorted out within the space of few months. Mike Rudin of some guy.

I wonder if this is the kind of complex computer modelling they are talking about?

gyges said...

Curious note about someone not wanting to go to Afghanistan, here.

"Major Cook was recently issued with orders to deploy to Afghanistan. He wasn’t filled with glee at the prospect. It is how he has chosen to voice his concientious objection to this deployment that has divided the American people.

His orders were issued by his Army commanders. Those commanders posses the power to deploy him by virtue of the authority of the President, since Obama himself must possess the authority of President in order to delegate it to the Army, Major Cook has demanded that Obama prove he has this authority before he can lawfully delegate authority to order Major Cook to Afghanistan.

There have been over a dozen lawsuits filed since the inauguration disputing Obama’s eligibility to be President, complaints that the Oath was incorrectly administered, on the wrong date, at the wrong time; you may have heard of some of them. All have been dismissed.

This challenge is somewhat different. This challenge required the court to look into Obama’s parentage, and his claim to be a ‘natural born citizen’ of the US.

After Cook’s lawsuit was filed, but before the case was heard, the Army revoked his orders to deploy to Afghanistan, they didn’t court martial him, they didn’t discharge him, they didn’t declare him insane – they just quietly agreed that, OK, he needn’t go to Afghanistan if he didn’t want to.

The court was thus given the ‘out’ that they needed proceed no further with their investigation into Obama. Opening the flood gates to lawsuits disputing Obama’s parentage to anyone else who would really rather not go to Afghanistan.

Major Cook’s lawyer argues that Obama must not only have been born in the US to be a ‘natural born citizen’ and thus eligible for the Office of President (and there is a shortened form of his birth certificate available from the court records in Hawaii to anyone who is interested) but that also his father must have been a US citizen not owing allegiance to any other nation.

Thereby lies the problem. At the time of Obama’s birth, Barack Hussein Obama, Sr, was a subject of the British Commonwealth in Kenya and thereby owed allegiance to Queen Elizabeth.This would be seen on the full version of Obama’s Birth Certificate and this he has steadfastly refused to produce.
"

Parabellum said...

Globalization, Shmolaziation. It's all capitalism, baby, there is no "financial crisis", it's one capitalist killing many other capitalists, it's the entanglement of all peoples in the net of the world-market for the magnates of capital, who usurp and monopolize all advantages.

As soon as this process of transformation has sufficiently decomposed the old society from top to bottom, as soon as the laborers are turned into proletarians, their means of labor into capital, as soon as the capitalist mode of production stands on its own feet, then the further socialization of labor and further transformation of the land and other means of production into socially exploited and, therefore, common means of production, as well as the further expropriation of private proprietors, takes a new form. That which is now to be expropriated is no longer the laborer working for himself, but the capitalist exploiting many laborers. This expropriation is accomplished by the action of the immanent laws of capitalistic production itself, by the centralization of capital. One capitalist always kills many. Hand in hand with this centralization, or this expropriation of many capitalists by few, develop, on an ever-extending scale, the co-operative form of the labor-process, the conscious technical application of science, the methodical cultivation of the soil, the transformation of the instruments of labor into instruments of labor only usable in common, the economizing of all means of production by their use as means of production of combined, socialized labor, the entanglement of all peoples in the net of the world-market, and with this, the international character of the capitalistic regime. Along with the constantly diminishing number of the magnates of capital, who usurp and monopolize all advantages of this process of transformation, grows the mass of misery, oppression, slavery, degradation, exploitation;

But after this, Marx was a bit overoptimistic, I can not really see a growing revolt of the working class...

but with this too grows the revolt of the working-class, a class always increasing in numbers, and disciplined, united, organized by the very mechanism of the process of capitalist production itself. The monopoly of capital becomes a fetter upon the mode of production, which has sprung up and flourished along with, and under it. Centralization of the means of production and socialization of labor at last reach a point where they become incompatible with their capitalist integument. Thus integument is burst asunder. The knell of capitalist private property sounds. The expropriators are expropriated.

I guess he had to write a happy ending, otherwise people wouldn't have bought his books - or so his publisher must have said...

lwtc247 said...

33% on credit cards? Jeezz...
CC debt has it seems, always been the dirt under the carpet.

stef from south island said...

33%?

a mere token payment

this is much more like it

sfsi said...

Now That's What I Call Usury

paul said...

I thought they were missing a decimal point, I was wrong :O

Anti_NWO said...

I showed you that link first Stef :p

Speaking of loans, it seems the Student Loans Company think I am not entitled to any grants and only about £7k in loans...looks like I'll be having fun surviving on that in London...

paul said...

@antinwo

From what I can make out from the hated mainstream media, you just have to balance:

an urban allotment,

lots of 'dumpster diving'

and shield yourself from the elements with discarded newspaper supplements

It never worked before, but that's just negative thinking, which is an evil in itself

Anti_NWO said...

Hahaha. I've been a "street urchin" before so those aren't new to me :p

Anonymous said...

Speaking of loans, it seems the Student Loans Company think I am not entitled to any grants and only about £7k in loans...looks like I'll be having fun surviving on that in London...

...says anti-NWO.

Get a job then?

Anti_NWO said...

Hmm, some hundreds of applications later and no luck. Part of the reason I chose to do a degree ;-)

Anti_NWO said...

PS: By the way, I'm not exactly a typical 18 year old fresher, I'm returning to study after several years due to a redundancy...

paul said...

Just ignore anon, he's obviously on piece work.

paul said...

Of course, if anon really wanted to help, he would tell you what his job is, and how he got it.

Anti_NWO said...

Meh. There are millions in similar situations, I should probably band together with other mature students or something...

paul said...

Give it 75 years and everyone will think you're lovely

from thickipedia:
The Jarrow March is fondly remembered by those on the left in British politics as a landmark in the history of labour movement, even though the Labour Party of the day opposed it, and the Trades Union Congress circularised Trades Councils advising them not to help the marchers

Anti_NWO said...

People have goldfish memories, it seems...

Anonymous said...

Yes of course 'Anti-NWO', you are the victim. Don't make up rubbish about 'hundreds of applications', I've heard it all before. Every single time that I've been short of money, I've found unskilled work to fill in. Not pleasant, but always there. And the same goes for every person I know who is geared towards making their own way in life and not expecting the state to do it all for them.

And if your degree isn't getting you anywhere, then I'm afraid you're just another wasted statistic on the New Labour social equality/engineering project, whereby it seems everybody must go to university, without any thought given to the number of professional careers available to graduates.

This blog takes a very scornful view of elitism, which is funny considering that no genuine working class person would ever read what is decided about them here (lol, rofl). If egalitarianism is what you want, there will be many more like you left to "band together with other mature students or something" and get all upset with the system, for years to come.

NB to paul:
I know that he is something of an annoyance, even an embarrassment, to the Alliance (like a kind of real straw man who won't go away), but you make it too obvious by telling him to ignore me.

Elmer Quigley Gooseburger said...

This is the best piece I have read in a long time.

Come back soon please Stef, you are missed.

Neil said...

Stef, visited this place recently, and couldn't help but think of you (there's actually a scale model inside the building, so you can't miss it!):

Glasgow Green.

Anti_NWO said...

Anonymous: You're welcome to believe what you wish, but your attitude seems to contradict your stated interest in the Conspiraloon Alliance. Call it what you like, the demonisation and childish name-calling been done to death everywhere.

When I made reference to a degree, it is a vocational one focusing on what the major corporations in the sector want (Microsoft, Oracle, Cisco etc). I'm not stupid enough to believe that any old degree is worth something.

As for class struggle, would you like to back up your allegations with some substance or are you an elaborate troll?

I strongly sense I am wasting my time responding to your comments here... so this is my last reply.

Parabellum said...

When the getting was good, refinancing meant a chance to take some equity out of an asset that was accumulating value, but the leverage knife cuts both ways. If the asset loses value the bank still wants their money in four years, and they’re not likely to want to loan you money to refinance something losing north of 7% per freaking month. It’s like Paulie in Goodfellas, “Fuck you, pay me.”

The eXiled - FusterClucked Again: The Commercial Real Estate Crash Is On

Anonymous said...

oh fuck another conspiracy!

note the first comments on the bullshit corps site.

Kathleen Flynn, whose son died on the plane, told the BBC she was horrified the "terrorist" could be released.

She added that he showed no mercy as he planted his bomb and should "never qualify for anything compassionate".

"Did Megrahi as he planted a bomb on a US airliner reflect on any compassion for the people he was about to blow up out of the skies and the people on the ground in Lockerbie? I think not," she said.

Abdelbaset Ali Mohmed Al Megrahi
Megrahi was ordered to serve a minimum of 27 years in jail

Reaction to bomber 'release'
Lengthy legal road from Lockerbie

The BBC's Daniel Sandford in Washington said "broadly" families in the UK were concerned about the conviction, whereas US relatives were convinced of his guilt.

American Susan Cohen, whose 20-year-old daughter Theodora also died, said: "Any letting out of Megrahi would be a disgrace. It makes me sick, and if there is a compassionate release then I think that is vile."
as usuall the sick fuck heads at the bbc have a biased report.did anyone listen to the Today programme

http://news.bbc.co.uk/today/hi/listen_again/default.stm

Jim Swire take it away

Anonymous said...

more on Jim Swire here,,note

Swire was born in Windsor, Berkshire and educated at Eton College and the University of Cambridge. From Cambridge he was commissioned into the Royal Engineers, specialising in munitions and explosives. Having completed his short-service commission, he then decided to change direction and returned to university, this time to Birmingham, to study medicine.

He became a family doctor, and moved to Bromsgrove in Worcestershire where he practised medicine as a GP. He married his Cambridge sweet-heart, Jane, in 1961. They had two daughters, Flora and Cathy, and a son, William.

Antipholus Papps said...

Where are you Stef? Missing your enlightened postings! You know, I'm still smarting from being demoted from an 'independent conspiraloon' to a mere 'person'. That'll teach me to lionize Paul McCartney I guess. Some people can't handle the Macca love.

stef from south island said...

I'm currently trying to Walk the Walk, learning some new, hopefully socially responsible skills, in a country far far away

I have half a lifetime workng in finance to atone for

The downside being that I am dog tired pretty much all of the time at the moment. Old dogs, new tricks...

I keep meaning to post something explaining the abrupt hiatus in this blog and might even get round to it in the next few days

In the meantime, rest-assured that an unforgivable administrative error will be rectified shortly and your status upgraded back up to Full Loon

btw enjoyed something you posted under Old Holborn's blog a while back immensely. Can't remember what it was exactly but I recall a few BNP types not enjoying it

gyg3s said...

This link is interesting. It shows some good and bad (or bad and bad) photoshop work.

Anonymous said...

@Antipholus Papps: Now you should be very wary when you refer to yourself as a 'Person' ;-): http://bbc5.tv/eyeplayer/articles/john-harris-its-illusion (the title makes it seem a bit David Icke-ish, but its a lot more substantial and interesting than that.)
Even features a cameo from this bloke about 1/4->1/2 way through:
http://stefzucconi.blogspot.com/2007/09/police-your-friendly-guides.html

Anonymous said...

CBS 60 minutes documentary about the Swine Flue Hoax from the 70s:
http://www.youtube.com/watch?v=eHwRucPbkPI

I would say this video deserves to go viral... no pun intended.

Salman said...

you guys getting out a lot more these days?

Antipholus Papps said...

Thanks Stef! Full-loon status is one of the few things I hold on to!

;)

There seem to be an ever-increasing amount of BNP types over at OH's blog of late, not that I wish to jump on the oh-my-god-it's-the-BNP bandwagon when we've got proper vaguely competent fascists running the show. Glad to have wound them up though.

Hope all is good in the south seas. I'm currently discovering what it's like to be a west coast Canadian. Some good, some bad, but beats the shit out of Archway.

@anon 27 Aug:
Thanks for the links!

Stef said...

@ap

vous êtes bienvenu

apparently, I've settled in a dodgy part of town

but we overlook the Avon, the city centre is 15-20 minutes drunken staggering distance away, there's lots of space out back for my Borlottis

...and it's not fecking Lambeth

Frank said...

If they move my desk one more time, I'll set the building on fire.


So seriously???