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Thursday, August 21, 2008

The American Establishment: Predator Or Alien?

21st Century Dollar ($) Sign
pix: cheryllll
Which iconic Sci-Fi monster does the Establishment which runs the USA most closely resemble? Alien or Predator? In reality, the Predator species has some good points: honor, loyalty, and the bon hommerie and comeraderie of the hunting lodge type. Alien, on the other hand, is purely and repulsively exploitative and parasitical. Of course, there is the species of Species, which itself is quite without redeeming virtues...at least, as far as we are shown. What brings this up - this bashing of the Idiocracy- is a proper look at how close the international financial system came to collapse: Der Spiegel http://www.spiegel.de/international/germany/0,1518,553484,00.html May 15, 2008 THE WORLD FROM BERLIN Former IMF Head Says Global Financial System 'Came Close to Collapse' Germany's President Horst Köhler has entered the fray in a hard-hitting interview with the weekly magazine Stern. Coining a term which is likely to become as popular as the infamous locusts, Köhler, who belongs to Angela Merkel's conservative Christian Democratic Union, said that the search for profits has turned the markets into a "monster." The president had a stark assessment of the severity of the crisis. "I want to hope that the worst is past," Köhler said. "Nevertheless, we came close to a collapse of the global financial markets." The criticism is given added weight by the fact that Köhler is the former head of the International Monetary Fund (IMF). at the time: Commentators writing in Germany's more business-friendly newspapers Thursday are skeptical of the usefulness of Köhler's analysis -- and of his motives. However, the sceptics seem to question Mr. Kohler's motives, not his facts. I say you should read present day Nouriel Roubini in RGE Monitor for the down-side view. If you want the up-side - the side of the Idiocracy - that Larry Kudlow creature will do quite well. He is on cable TV...as if we didn't know!

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