Category Archives: History
Things that happened more than 12 months ago.
One of the weird consequences of the 2008 financial meltdown and the measures taken to counteract it (enormous sums of money to help banks) was the revival of the work of Ayn Rand, the closest one can get to an ideologist of the “greed is good” radical capitalism. The sales of her opus Atlas Shrugged exploded. According to some reports, there are already signs that the scenario described in Atlas Shrugged – the creative capitalists themselves going on strike – is coming to pass in the form of a populist right. However, this misreads the situation: what is effectively taking place today is almost the exact opposite. Most of the bailout money is going precisely to the Randian “titans”, the bankers who failed in their “creative” schemes and thereby brought about the financial meltdown. It is not the “creative geniuses” who are now helping ordinary people, it is the ordinary people who are helping the failed “creative geniuses”.
John Galt, the central character in Atlas Shrugged, is not named until near the end of the novel. Before his identity is revealed, the question is repeatedly asked, “Who is John Galt”. Now we know precisely who he is: John Galt is the idiot responsible for the 2008 financial meltdown, and for the ongoing federal government shutdown in the US.
The first thing you need to know about Zizek is that he is a Marxist who grew up in a communist country Yugoslavia, which disintegrated into a bitter and protracted civil war after the fall of the Soviet Union. Both of his parents were the privileged elites in Yugoslav society, his father an economist and his mother an accountant both of whom worked for the massive state apparatus. Zizek fails to see that Marxism-communism was to blame for the failures that ultimately destroyed his homeland and simply continued to promote Marxism in other places. While its fair to say that Zizek has some interesting thoughts about people’s perceptions of the world they are in, and different ways of looking at things, this alone does not put him any closer to the truth. Zizek fails to offer an alternative to the current system and even fails to define what will trigger the revolution from it. So Zizek is still failing in to provide anything useful. His criticism of the current system are more like attacks on possible solutions. Zizek is a Marxist and that fact alone is enough to discredit him, but I will show his flawed thinking process with what he wrote above.
Zizek is attacking Ayn Rand, a free market capitalism proponent. So as they have wildly divergent world views as criticism is not going to be fair, especially considering Ayn Rand had been dead for decades before Zizek makes his criticism.
The ‘greed is good’ style capitalism is still predicated (like almost every other economic system ) on laws existing and being enforced. The bank bailout we an example of the opposite of Randian titans, the banks failed, and in a Randian world they would not be considered titans, they were fraudsters whose Ponzi scheme had collapsed. They were the exact opposite of titans, they were charlatans. In the Randian world there would not be a government with enough resources to bailout titanic business failures and no government would feel any political motivation to do so. Ina Randian world the banksters would have been bankrupted, many of the parties involved would have been charged with crimes of fraud, tax evasion and money laundering and for a few, treason and supporting terrorism. What of the depositors and mortgage holders? In a bankruptcy of a bank, a new bank, (not made up of the previous criminals) buys up the assets and liabilities of the previous bank and everyone is a little wiser and more wary for the experience. This process is how a Randian system self corrects and reduces tyranny. The rules must be enforced, or ultimately there are no rules, just privilege. Privilege in it’s truest sense meaning Privi (private) Legis (law), private law, special hidden rules for some people. This privilege is what we saw in the bank bailouts. Even the word privilege is under attack now in the USA with its meaning being perverted into an anti white and male agenda, while simultaneously reducing those groups rights in law. The bankster crisis of 2008-present was forged through two separate processes. Firstly the relaxation of banking regulation and freedom from the government with banksters claiming Randian ideals because it suited their agenda. Secondly was the switch to demanding privilege and government protection just like corrupt communist organs of the state. All of this shows not a Randian idealogy, but ‘bait and switch’ opportunism and utter disrespect for any ideology or concept of law.
But this is the world we inherit once we have abandoned logic and reason. So welcome to the world of the absurd, you may have noticed we have a certain focus on the absurd here.
While Zizek is correct in pointing out the obvious that the ordinary person is now being forced to support the banksters fraud and folly. Zizek fails to recognize that the state is enforcing the that wealth transfer, just like how in Marxist-communist nations the state routinely propped up inefficient industries (and their corrupt leadership) and the ordinary people’s expense. So ultimately what Zizek has done is construct a strawman and then knock it down.
Zizek lastly mentioned the federal shut down which was really a show of state power, some privately owned and operated nature parks were shut down by the government. Why would the government shut down a private business because the government was unable to control its spending? A show of tyranny, bow down to us and give us more money or else. Logic and reason had gone out the window. Zizek absolutely fails to recognize the tyranny of the state in the bank bailouts, even thought its the most significant factor in continuing the debacle. Another strawman attack while avoiding criticizing state tyranny.
While many left wing commentators cite Zizek ( the latest Marxist doyen) they fail to critically analyze the obvious holes in his logic.
Of course Marxist commentators will always fail to mention the role of central banking to Marxism, and this was the exact cause of the 2008 sub prime crisis, the creation of money that does not have real value. Central banking is the same as the idiom ” (don’t) count your chickens before they have hatched” central banking back systems take this to the next level and “sell your chickens before they have hatched”. This then made a market for hypothetical chicken certificates which ran ‘red hot’, until one man said can I have 3 actual chickens, it was soon discovered that no chickens had hatched and all the certificates were worthless.
This brings us back to Zizek himself, because the premises of Marxism-communism are flawed, anything that comes out of it is equally worthless and dangerous if relied upon.
the Marxist-communist political-economic system does not work, anywhere it is implemented it is doomed to a brutal oppressive failure. Marxists throw all of those failures into a memory hole and simply pretend they don’t exist. I have even had radical communist try to tell me that the Soviet Union wasn’t communist and communism had never been tried before. Other communists will give the magical cure promise whereby they claim once the whole world is ( marxist/islamic/feminist/insert ideology here) all problems will be solved and utopia will exist. Clearly this ‘give me the whole world and ill fix it’ approach is wildly narcissistic, delusional, akin to magical thinking and contradicted by looking at the given ideology already operating at a smaller scale.
So in the end Zizek has a Yugoslavia size memory hole, and its almost big enough to hide all the other inconvenient facts which ruin his arguments. It’s all mental masturbation a distraction and a waste of time.
Reality ruining your argument? Zizek says just claim reality doesn’t exist!
And so on..
Ashley Madison database hack exposes UK Greek Islam convert/ sharia law extremist.
Transactions totaling $174, an initial payment of $54 followed by 8 monthly payments of $15 for the period between 22 October 2014 and 19 June 2015, were discovered attached to the name of Hamza Andeas Tzortzis.
Of course he has tried to deny it.
But here’s the data:
There are another 16 lines of his monthly payments, but accounting is a bit boring.
Gee that’s an odd IP address for some who live in the UK, Sydney Australia?
Maybe Hamza has a point….
Well, then you do a little more digging and find out that that is exactly when Hamza was in Sydney, and don’t say we are making it up, its on his own blog.
He admits he was in Sydney on that exact day, on his own blog.
22 October, Wednesday
6PM – 9PM: Lecture “Islam and the Secular Mind”. Hosted by MSA NSW. UWS, Miperra, Sydney.
Hamza Andeas Tzortzis: A massive hypocrite who by his own words should be stoned to death for adultery.
So Muslims please show your devotion and stone the adulterer to death, it’s your belief system, I just want you to be consistent with it.
So just in case you have forgotten your procedure, I have included a quick tutorial to make sure you get it right.
So why exactly are we allowing these insane hypocrites into Australia?
You really need to see this on a really big screen.
The word “dysgenic” was first used, as an adjective, about 1915, by David Starr Jordan, describing the dysgenic effect of World war I. Jordan believed that healthy men were as likely to die in modern warfare as anyone else, and that war killed only the physically healthy men of the populace whilst preserving the disabled at home. Stolen straight from Wikipedia.
In essence war weakens a society immediately and for generations to come.
So an entirely plausible chart showing causes and effects of various social institutions and political themes leading to a feedback loop between banks and those pushing progressive (politically correct) culture. Was this actually planned this way of was it an accidental consequence of different groups lust for power at all costs? Either way it is a very interesting analysis of some very big issues. There is the further prong to the assault of attacking logical reasoning also, to prevent people from comprehending what is actually going on.
One can almost image it as a power point presentation being displayed somewhere quite vile.
Self-reporting to authorities of suspected foreign bribery and corruption by Australian companies is failing to occur, with top accounting firm Deloitte revealing it has investigated at least 100 potentially illegal acts involving local firms in the past two years.
It is understood that only a handful of those companies have reported to police their suspicions that their own staff have engaged in foreign bribery or other criminal conduct.
The revelations are likely to strengthen calls from the federal police to reform Australia’s anti-bribery regime to encourage companies to disclose suspected corruption.
Deloitte senior partner Frank O’Toole said the upcoming Senate committee on foreign bribery by Australian companies should call for major changes to the nation’s anti-bribery laws.
His comments come with the release by Deloitte of a survey of more than 250 senior executives from top Australian and New Zealand companies and public sector organisations.
The survey, released exclusively to Fairfax Media, found that one-third of all companies operating in high-risk offshore destinations, including Asia, Africa and the Middle East, had uncovered a suspected bribery or corruption incident over the last five years.
Almost a quarter of all executives surveyed said their firm had, during that same period, confronted corruption involving a staff member or contractor inside Australia.
The Australian Federal Police recently told a Senate inquiry it had more than a dozen active foreign bribery investigations.
Mr O’Toole said another alarming finding from the Deloitte survey related to the failure of many firms to have an adequate anti-corruption regime to detect and prevent graft in their overseas operations.
Forty per cent of executives interviewed from firms with an offshore operation “don’t have (or don’t know if they have) a formal compliance program in place to manage corruption risk”.
“We haven’t seen any tangible decrease in levels of corruption in recent years, or any major shifts in attitudes towards it, especially in offshore jurisdictions,” Mr O’Toole said.
He said the findings highlighted the ongoing problems with the way Australia tackled white collar crime.
“We have heard a lot from the federal police about how they have ramped up their investigations of foreign bribery and that is no doubt true. But they are coming off a low base and there is still only two still unresolved prosecutions in the 15 years since foreign bribery laws were passed in Australia.”
The AFP is preparing to charge several executives and companies in the coming months with foreign bribery offences.
Senior federal police have previously called for companies to be given incentives to co-operate with authorities, including a commitment to have self-disclosure recognised during sentencing.
In the United States, which has one of the more successful anti-foreign bribery regimes in the world, disclosure by companies or whistleblowers is encouraged through a series of incentives.
These include financial rewards for tip-offs and negotiated settlements with companies that co-operate with investigators.
The Senate committee inquiry into foreign bribery will start later this year.
It was established after Labor senator Sam Dastyari told Parliament he had evidence that major Australian firms had engaged in corrupt practices overseas.
Mr Dastyari was also critical of the failure of the Australian Securities and Investments Commission and the AFP to effectively combat the problem.
Former federal court judge Roger Gyles, who was recently appointed by the Abbott government to review the nation’s terrorism laws and who also chairs the local branch of corruption watchdog Transparency International, recently told Fairfax Media that Australia’s foreign bribery laws needed to be overhauled.
Mr Gyles said the key change was moving the burden of proof from prosecutors to those who have been shown to have made payments to foreign officials.
If the company cannot show a payment is legitimate, then a case may be proven, he said.
SBS2 Six-part series premieres 8.30pm,Tuesday 24 March 2015
Want to find out more about the poisonous narcissistic losers that ruined occupy and their inner doublethink?
I’m pretty sure one of these hipster losers swanked his way around OM mentally masturbating himself off in front of all and sundry actually had the gall to get on the show. Fucking hilarious!
Many people wonder if occupy might have been more successful were it not for these self obsessed children. I’m not one to encourage people to watch television in general, but this might be interesting.
It should be in this link from tomorrow.
ABC 4 corners investigation has uncovered the amoral gamification of government contracts purported to offer job seeker assistance.
This video may not be available after march 9 2015 so get in fast.
Forging and falsifying documents seemed to be industry standard practice.
Specific rorts uncovered were:
Categorizing people into more at risk categories in order to get more funding.
Claiming payments for assisting job seekers into work even when the job seeker was not assisted.
Funneling job seekers into in-house training courses order to claim a training payment, often the training was low quality, inappropriate or never actually provided.
What is more shocking was successive governments were aware of the widespread fraud and waste but did nothing to punish the fraudsters.
So a total of 18 billion dollars was spent on this program, conservative estimates are that about half was fraud by the contracted agencies.
18 billion dollars spent over a 16 year period is a lot of money, what else could be done with such a sum.
In November 1960 President Kennedy was elected and quite quickly promised to have a man on the moon before 1970.
In the period of 1961 and 1969, 34 billion dollars was spend on getting man on the moon.
So effectively we could have had half a moon landing for the price of the wacky ideologically driven ‘be mean to the battlers’ program.
So who is behind all of this, who else Tony Abbott,
Minister for employment when the program was announced,
under John Howard.
With recent scandals such as #Gamergate, censorship, moderation bias and the infestation of SJW moderators, The diehard politically incorrect /pol/ users (AKA Polacks) have largely left 4chan and have set up their HQ in the rather new 8chan, also called infinitychan.
8chan was designed to look much like /pol/ did on 4chan and its is just as politically incorrect as ever. Its not a place for the weak of heart, stomach, or nerves.
Have you blood pressure medication in standby, along with you butt hurt cream if you dare visit 8chan/pol/ . You’ll read some interesting discussions which you will be able to take part in anonymously* (what passes for anonymously these days at least), you also read some complete crap and some really offensive things. You’ll read things there some people won’t wont you to read, and one of those people may be you.
It’s called freedom of speech,
and it also includes the freedom to be offended,
and offend others.
If the following video offends you, 8chan/pol/ may not be the right place for you.
I’m sure there are a few people other there really not sure what the sub prime crisis was, or what caused it to occur.
How did so many supposedly smart financiers and bankers get sucked into it, or where they knowing and willing participants, feeling that they were not going to be held liable.
I must admit if you use the language of the accountants, lawyers, banker and government its really hard to decipher what actually happened and who was at fault.
What you do know is you got shafted but you aren’t exactly sure how this happened.
Help is at hand.
Here is a really good common sense explanation of what happened using a small pub as an example. This analogy is approved my our economics adviser as ‘more or less what happened’.
Mary is the proprietor of a bar in Dublin. She realizes that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronise her bar.
To solve this problem, she comes up with a new marketing plan that allows her customers to drink now, but pay later. She keeps track of the drinks consumed on a ledger (thereby granting the customers loans).
Word gets around about Mary’s “drink now, pay later” marketing strategy and, as a result, increasing numbers of customers flood into Mary’s bar. Soon she has the largest sales volume for any bar in Dublin.
By providing her customers freedom from immediate payment demands, Mary gets no resistance when, at regular intervals, she substantially increases her prices for wine and beer, the most consumed beverages. Consequently, Mary’s gross sales volume increases massively. A young and dynamic vice-president at the local bank recognizes that these customer debts constitute valuable future assets and increases Mary’s borrowing limit. He sees no reason for any undue concern, since he has the debts of the unemployed alcoholics as collateral.
At the bank’s corporate headquarters, expert traders figure a way to make huge commissions, and transform these customer loans into DRINKBONDS, ALKIBONDS and PUKEBONDS. These securities are then bundled and traded on international security markets. Naive investors don’t really understand that the securities being sold to them as AAA secured bonds are really the debts of unemployed alcoholics. Nevertheless, the bond prices continuously climb, and the securities soon become the hottest-selling items for some of the nation’s leading brokerage houses.
One day, even though the bond prices are still climbing, a risk manager at the original local bank decides that the time has come to demand payment on the debts incurred by the drinkers at Mary’s bar. He so informs Mary.
Mary then demands payment from her alcoholic patrons, but being unemployed alcoholics they cannot pay back their drinking debts. Since Mary cannot fulfill her loan obligations she is forced into bankruptcy. The bar closes and the eleven employees lose their jobs.
Overnight, DRINKBONDS, ALKIBONDS and PUKEBONDS drop in price by 90%. The collapsed bond asset value destroys the banks’ liquidity and prevents it from issuing new loans, thus freezing credit and economic activity in the community.
The suppliers of Mary’s bar had granted her generous payment extensions and had invested their firms’ pension funds in the various BOND securities. They find they are now faced with having to write off her bad debt and with losing over 90% of the presumed value of the bonds. Her wine supplier also claims bankruptcy, closing the doors on a family business that had endured for three generations, her beer supplier is taken over by a competitor, who immediately closes the local plant and lays off 150 workers.
Fortunately though, the bank, the brokerage houses and their respective executives are saved and bailed out by a multi-billion euro no-strings attached cash infusion from their cronies in Government. The funds required for this bailout are obtained by new taxes levied on employed, middle-class, non-drinkers who have never been in Mary’s bar.
Now, do you understand economics in 2015?
<Original source with sharing buttons on page.>
Worst of all this could still happen to other parts of the economy, including the monetary system, your cash in hand could suddenly become as worthless as a 2006 sub prime CDO.
Shout out to M V.
You have to say it the Queensland voter really knows how to about face. In dramatic fashion Campbell Newman is tossed out of State parliament losing his seat, his party has lost majority and ALP are mustering up their last votes and confirmed seats looking to rule in their own right. Of course this comes in a week where significant bad press beginning to stick to another prominent liberal party politician, ‘Prime Minister’ Tony Abbott. So the backlash begins, and soon enough the Marxists will be wafting smelling salts under Stalin’s nose as we need a strong man to make a ‘road to serfdom’ work for us.
Malcolm Turnbull and Mal Brough are names being bandied around as possible replacements for Tony Abbott, who ironically made much capital of the Rudd-Gillard-Rudd (again) leaderships merry go round.
Tony Abbott will be gone in less than 60 days, the real bets are on who to replace him and how to make it more appealing to a voter base in backlash mode.