Pyramid Comment

This journal takes an alternative view on current affairs and other subjects. The approach is likely to be contentious and is arguably speculative. The content of any article is also a reminder of the status of those affairs at that date. All comments have been disabled. Any and all unsolicited or unauthorised links are absolutely disavowed.

Saturday, September 27, 2008

Banking Panic - The Plan (12)

Banking Panic - The Plan (Prelude)
Banking Panic - The Plan (1)
Banking Panic - The Plan (2)
Banking Panic - The Plan (3)
Banking Panic - The Plan (4)
Banking Panic - The Plan (5)
Banking Panic - The Plan (6)
Banking Panic - The Plan (7)
Banking Panic - The Plan (8)
Banking Panic - The Plan (9)
Banking Panic - The Plan (10)
Banking Panic - The Plan (Nearly There)
Banking Panic - The Plan (Arrival)
Banking Panic - The Plan (The Next Phase)
Banking Panic - The Plan (11)
Banking Panic - The Plan (13)
Banking Panic - The Plan (Exit)
Banking Panic - The Plan (1st Encore)
Banking Panic - The Plan (2nd Encore)
Banking Panic - The Plan (3rd Encore)
Banking Panic - The Circus

Virtual Money

The key to the system is the 'creation' of the illusory and manufactured money machine. The fixed wealth based on resources that are truly sustainable (gold and diamonds) cannot be changed. Gold and diamonds will survive essentially forever, though unsustainable products (natural oil) are destroyed and converted into other products (CO2 and water) and these themselves are essentially indestructible. Anything else is based on a perceived worth and value. The failing financial system that must literally be saved at all costs is a purely artificial concept. The lock-in is through the virtual money and renewable debt that comes with it. It's as though the 'provision' of £$100s billions is real. None of it exists. Any vault is actually empty.

Confounded Interest

Trading gold reserves simply acquires a virtual and theoretical debt. It is money that doesn't exist, but is a very real shackle. Any 'loan' is quickly (usually) spent in the short-term to leave a very long-term debt.

The rhetoric of the 'bailout' is vacuous and nothing but a very cynical and highly surrealistic illusion. It's a belief that everything will be satisfactorily rectified. Terms like meltdown are wholly misleading, but should involve descriptions of human destruction. Much more accurate. The reality is that the so-called failing financial system is actually very successful. It is providing the lenders with a very heavy illusory ring and binding the global population in perpetuity to a renewable shackle. The system will settle to it's new level, but with a substantially elevated position of strength and control.

Until the next time

When the dust has settled and everybody is happy again and saddled with the new massive debt that the system was designed to 'create', life will go on as everybody works to sustain the parasite: it's classical host/parasite and an Emperor's New Clothes scenario. The idea of Bush and Brown 'doing a deal' to straighten out the twisted system is laughable. Brown was Chancellor of the UK for 10 years and then promoted to a position to steer the ship onwards. The disaster left behind is covered by misdirection, but blind people follow the all-wise leader. The assumption is that people in power actually know what they're doing and behaving like goldsmiths manufacturing rings. Stitching together a deal or stitching up the people? The focus should be on how these two could possibly resolve anything. The backgrounds of Bush and Brown are substantially different, but the common ground is power. Bush understands the crude source of operation and Brown the theory: the mechanics. Happiness in misery is a sickening paradox, but it's the State of the Union.

Or the UK is in-a-state. The entire series of 'failures' suggests a bandwagon. Businesses (banks) that are ailing, or getting nervous, see the way out of problems being funded by the taxpayer. It's almost a 'clear the decks and start again' message. Historically, a World War has provided the means to start again and this episode is technically a bloodless coup on a global scale.

A 'coup de monde'

Banking Panic - The Plan (Prelude)
Banking Panic - The Plan (1)
Banking Panic - The Plan (2)
Banking Panic - The Plan (3)
Banking Panic - The Plan (4)
Banking Panic - The Plan (5)
Banking Panic - The Plan (6)
Banking Panic - The Plan (7)
Banking Panic - The Plan (8)
Banking Panic - The Plan (9)
Banking Panic - The Plan (10)
Banking Panic - The Plan (Nearly There)
Banking Panic - The Plan (Arrival)
Banking Panic - The Plan (The Next Phase)
Banking Panic - The Plan (11)
Banking Panic - The Plan (13)
Banking Panic - The Plan (Exit)
Banking Panic - The Plan (1st Encore)
Banking Panic - The Plan (2nd Encore)
Banking Panic - The Plan (3rd Encore)
Banking Panic - The Circus