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Sunday, September 14, 2008

Revolution Anyone?

I believe I made reference before to Thomas Mann's writing about the post World War I German inability to be amazed - as in awe struck, horrified, left speechless - at the changes in their country at the times of Herr Hitler. He wrote of those Germans who, having paid 2 million marks, for example, for a hen's egg, would likely not be amazed by too much in the future. We have also lost our ability to be amazed. We also cannot see the forest for the trees. We are living in radically new times, revolutionary, yet we refuse to see it, and we act like those big avian entities that bury their heads in the sand. Consider: RGE Monitor http://www.rgemonitor.com/globalmacro-monitor/cat/systemic-crisis-and-asset-bubbles/ Treasury Secretary Paulson leads us across the Rubicon Fabius Maximus Sep 9, 2008 Something new in American history Secretary Paulson has taken us across the Rubicon, as US public policy moves from the New Deal policy of macroeconomic stabilization (Main Street) to directly supporting the financial system (Wall Street). While there have been isolated instances of this in the past, the scale of this move has no precedents since the Great Depression. And in my opinion, few or no precedents including the Depression era. Writing like this is all over the place. The changes that are coming are phenomenal. Our homes will have lost 35% minimum of their value, our IRA will be in shambles, long term health care insurers may be insolvent... Add to this the Bush Doctrine of Lie First, Then Prevaricate. Or the Bush Doctrine of Bomb First, Ask Questions Later. Or the Bush Doctrine of Turn American Boys And Girls in the Army Into Torturers.....for all the world, for all the world as if they were soldiers at Buchenwald, not Abu Ghraib, and their smiles, to us so clear and beatiful, were like those wolvish and debased grins of the monsters of the past. You will be amazed, like it or not.

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