Archive for February, 2012

And elsewhere in the state of Nordic welfare?

February 26, 2012


Transparent governance is a joke.
Debt depreciation is shrouded in bank secrecy.
Parliamentarians are about to stop impeachment proceedings against them self’s*
Parliament is unable to debate the new constitution.

The Indians eagerly await to sell Manhattan.
The “factory” Social Democrats want more aluminum smelters.
The banks drag their feet after a clear Supreme Court ruling.
Discrediting financial regulator(s) is legion.


.The Echo chamber: it’s not the Crime, – it’s the Crime buster, –  or is it one and the other?

We are still in the grips of a small clique of insiders.

The failed state of Iceland
Iceland’s campaigning regulator faces dismissal

* Pity the poor prophet – Voting Records


Sacrilegious suggestion

February 25, 2012

“What horrifies me is that you’ve got a financial system designed by neoclassical economists.”

Numerous “proper” economists have attacked the sacrilegious suggestion that it would be possible to reverse the money creation flow by bailing out the debtors first, – not the banks. No wonder the (Swedish) central bank(s) stole into the prestigious Nobel price to reward the subservient economic priesthood.

However, doing the same thing over and over, expecting different results is the definition of “proper” economists, – or was it insanity?

Reading Debunking Economics – The Naked Emperor Dethroned? should be a pleasurable experience for everyone, except for hypnotized chickens of course.

Debunking Economics
System dynamics
Humpty Dumpty

Debt: The First 5,000 Years
The Lost Science of Money
Economic Hit Man

Five hundred thousand million +

February 5, 2012

The latest ‘investigative’ report informs us of incomprehensible losses of the retirement funds. This, big as it is, is only a fraction of the total losses in the banking meltdown.

Accountability is a concept in ethics and governance with several meanings, nevertheless none of these fit the cognitive climate.

Voodoo priests are currently hard at work stuffing history down the memory hole, their version is that none of this happened, others compare us to post colonial Africa, as we’ve been occupied in succession by: Denmark, UK, US, and the IMF.

Having successfully separated the peasants from their retirement money, the “gentry” wants the serfs to work until they drop, – not mentioning the simple fact that there isn’t work even for young slaves – regardless of how often they redefine the unemployment figures.

Loss of money is one thing but loss of identity is something else.

Summary of the Principal Conclusions of the Review
Networks of Power in Iceland: The Labour Movement Paradox.
On Thin Ice, a modern viking saga about corruption deception and the collapse of a nation

The State of Africa
The Ascent of Money
Conversations With History

Bright Minds and Dark Attitudes
“the members of the black priesthood”
Keen 2012 Google Talks