"Not the open revolt of a few, but the immense, latent defection, the endemic, masked resistance of a silent majority, but one nostalgic for the spoken word and for violence. Something in all men profoundly rejoices in seeing a car burn" - Jean Baudrillard.
"I see nothing intrinsically wrong with robbing a bank" - Yiorgios M.
Sitting in your conservatories and lounges, safely cocooned in your false placebos of optimism as to the state of your world and its sustainability, there is a wide continuum of economic and eco-systemic reasons for you not to feel so cheerful.
The mainstream media in Britain and the US have played a structural part in the development of a bubble economy, an economy that is systemically unstable. The housing markets have not just recently become distorted markets but have been so for half a decade. This increasing Unreality between Market Price and True Value forms the hyped-up bases of all bubbles.
It is in the media's interests to delay the onset of any recessionary pressures, think advertising, and, even when the recession is the active economic template, the governments and the media faithfully release "official figures" showing that all is fine and well in Milton Friedmanland. The arbitrariness of these data in relation to the Fiscal Reality is neatly given perspective by the close correlation between the requirements of big business and, by association, the government and the positivity-slant of the basic data in the media.
So, the US is in recession and, yet, the comedians insist on utilising phrases like "on the verge of a potential recession" - enough implied doubt to further defer the inevitable. Preferably until after November's election, of course. If the recession was announced as Real, there might even be a chance that a nation's inherent racism might not prevent a Black man getting into the White House.
Not only is America already in recession but there is turbulence throughout the global financial system. All that stuff and nonsense from the new paradigmists about long-term sustainable growth stretching out into infinity is already to be seen as hilariously misguided - the "dismal science" generally refers to the quality of the research rather than the moroseness of the subject matter.
Continue involving yourselves in their Tyrannies of Fun but consider the reasons to be uncheerful while you do so. To act otherwise might be construed as delusional behaviour, and we wouldn't want that now, would we?
* Analysts at Goldman Sachs reckon Black Gold will reach $200 and, with a $10 rise in the last week alone, crude is getting cruder. Of course, government economists like to leave things like fuel prices out of inflation assessments as they prefer to focus on a core structural determinant of the statistic. Unfortunately, your wallets and bank balances do not behave similarly.
* The same argument would have to be included in the assessment of food prices which is already leading to a resurgence in inflation in the emerging economies and Heavily Indebted Poor Countries (HIPCs). With the systemic backdrop of climate change, we are expected to believe that the global great and the global good have undertaken joined-up thinking with regard to the impacts of man's adjustment of our climatic conditions. Food was not grown so that biofuels might be. Did nobody out of these great and these good actually consider the impact of this? Environmentalists pointed out the inevitability of this rationale immediately but a concerted media campaign allowed an absolute killing to be made by the huge industrialised hyper-agriculture of the American plains. And killing is the outcome at the bottom of the pyramid too as starvation is the only gift of shareholder capitalism.
* The banking crisis is, by no means, over. The Economist: "Complete apocalypse for banks MAY have been avoided". But: "Credit growth is sluggish and defaults are set to rise. Securitisation is in the doldrums...". Banking stocks are still overvalued and there is more correction to come. RBC Capital Markets suggest that around 150 banks will go bust in the next 2/3 years. Good job we are not in a recession... Banks deserve to be robbed if only to offset the robbing process in the opposite direction. While rifling your pockets, banks desire our affections - Garanti Bank's "Banking from the Heart" or Isbank's "Trust Us" campaigns - but they simply gamble with your money. Fortunately for depositors and banks, this risk game is now, in the shadow of Bear Stearns and Northern Rock, evidently backed by government guarantee. The moral hazard introduced into the financial system by this desperate attempt to sustain the unsustainable will only produce a more cataclysmic downturn when such dysfunctional pressures break out once again.
* The Third World are in for a particularly tough time. Apart from food price inflation, HIV/AIDs, the robbery of globalised commodity thieves and the strictures of the IMF, US money flow is drying up apart from pet projects that are seen as strategically, ie militarily, key. Furthermore free trade is a one-directional abuse of a system and even The Economist can't help but utter: "Economists have struggled to find a strong link between freer capital flows and speedier economic development".
* If any doubt exists as to whether the media and the advertisers cosy up to mutual benefit, the more open world of India offers a revealing media unmyth. The Mumbai Times, in a bid to increase advertising revenue, printed: "Money cannot buy our integrity. Make the headlines tomorrow by paying for it". Such public appeals are not necessary, of course, in the masonic world of NewsCorp. It does not matter where you live, if the powers-that-be wish for you to be fed a certain line, a certain line is what you will be fed.
* Lets revisit the non-existent recession again... Donald Kohn (A Fed Bank governor) recently stated: "In informal terms, we are uncertain about where the economy has been, where it is now and where it is going". Mr Kohn helps to make the decisions on interest rates and guaranteeing banking deposits to avoid the financial system unravelling. But what about the feedback loops? The economy is in recession and the global nature of this recession will rapidly spread. Tax revenues across the world will plummet. Governments will be tied to arrangements with the modern day robber barons to underwrite the risk involved in their games of speculative capital. Such speculative capital will become more risky in a more volatile trading environment. The weak will succomb. Across the board...
* Unbelievably, there are still some delusionals who believe that the Housing Crisis is a purely American affair and that the bubbles in Britain, Ireland and Spain, among many other countries, are, in some way, sustainable. Of course, when your own money is wrapped up in the maintenance of an Illusion, delusion might be a tempting psychology to "maintain" the value of your shrewd investment.
Try getting an evaluation of your property in Cloud Cuckoo Land, knock off 20% and see if you can sell it. Comprendez...?
Football is entirely unsustainable too.
It will forever remain as a Product but not as a Sport.
There were four feasible holistic scenarios to this year's Champions League Final and one prevailed and, yet, each potential scenario was dependent on a corruption. In what way is that a sport? Like mainstream shareholder capitalism, the Reality has been converted into a Gambling Illusion. This is an environment heavily skewed in favour of Insider's and the Self-Elective who are able to deal away the existences of the global poor/football fan on the roll of a speculative dice.
Abramovich has sacked Grant. Mourinho offers about Grant: "Maybe, in the philosophy of a loser, this was a great season". Abramovich bought Mourinho a £250,000 Ferrari following the League Cup Final defeat to Tottenham. Our contacts tell us that the atmosphere internally at Chelsea is rancid. "There are cliques and rumours of backstabbings that prevent any hope of creating an efficient operation". If Abramovich hadn't established such a psychopathic environment, they wouldn't have had to buy so many games. Interestingly, there is no knowledge within the Chelsea empire as to whether these "loans for inducements" are an additional part of the club's debt to the oligarch.
So, United have won and who gains? The fans? No. Either fleeced for a mini-vacation or denied a home-coming parade. With an increase in season ticket prices on the horizon, the fans have only gained in a spectacular sense. The real beneficiaries of United's success are the banks who underwote the debt that the Glazer's used to takeover the company. Great.
Some clubs are so dysfunctional that they are unable to disguise their institutional murkiness. Newcastle United and Manchester City would fall under this banner in any honest assessment of the game. Eriksson, hanging on in there for his financial pay-off, has described relations with Shinawatra as being "good". "Good to Soft, with Heavy Patches" would be our overview of this particular course. Meanwhile, Newcastle, having appointed a manager who had forgotten how to manage, followed by a Director of Football who didn't even know how to do the job at all, the Toon have brought in a gambling merchant to take over from Chris Mort. Derek Llambias is a close friend of Mike Ashley and was formerly managing director of the exclusive Fifty casino in London. Excellent! Exactly the sorts of skills that might be needed by a gambling club... Meanwhile, the grapevine says that Michael Owen is moving up the scale, in evolutionary terms, with a move to the snappily named JEF United Chiba in Japan. Michael has a "veerus" at the moment which is preventing him becoming a serial England substitute but perhaps he is not quite thinking straight.
"Capital markets are racing ahead of the regulators, which remain rooted in their national systems" - The Economist.
Football Betting Markets are racing ahead of the regulators, which don't exist.
That's the difference. Football writes its rules as it goes along with the likes of Platini, Scudamore, Blatter, Beckenbauer etc etc etc reaching a hidden consensus. There has been a complete absence of ANY dynamic from any institutional and/or regulatory body to the unedifying sight of football being consumed by the gambling monster. And why would they? Insider's make tidy profit from their proximity to the core of this corruption.
The only administrator to rival Scudamore in his degree of psychopathy is Sepp Blatter. He can produce a real corker can Sepp. Check out his response to the potential banning of the Iraq national team due to the omnipresent government interference: "Can you imagine the reaction of the [Iraqi] people if we had to suspend them from football? I think the minister should think twice about what he has done". Phew! Blackmail, threat of violence... I love it when Blatter morphs into Dick Cheney - such sensitive handling of a war zone.
Global regulation is an absolutely fundamental necessity in both capital and betting markets. The national and regional bodies that do exist, are out of their depth; you wouldn't ask the West Midlands police to monitor Helmand province. Globalised regulation is anathema to the very people who are at the heart of the corruptions underpinning the system. Globalisation is fine on the exploitative side of the equation but not on the assessment of impacts side, thank you very much.
Rights. Thats what its all about. Who has rights? Who has absolution of responsibility for the impacts of their actions? Who are psychopathic in profile?
E. Herman and D. Peterson have developed "The Principles of the Imperial New World Order (INWO)" - Aggression Rights, Terrorism Rights, Rights to Ethnically Cleanse, Subversion Rights, Rights to Impose Sanctions, Rights to Resist Aggression, Rights to Acquire Nuclear Weapons, Right to Exist, Right to Force Enemies to Acknowledge Your Right to Exist.
This is the new template where once the Geneva Conventions lay.
The Meek shall Inherit the Earth. But, what about the Mineral Rights?
All sectors are progressing to a psychopathic cartelised or monopolistic structure with a complete absence of global regulation or oversight. Any slight murmur of governmental independence with regard to regulation and the globalised franchise threatens to take its limited-tax-production-entity elsewhere. Cowboy territory territories gain financial advantage at all layers of the system from Chicago to Macau, from Hong Kong to Bermuda. The free-for-all attracts antisocials and the system progresses in its unsustainable and destructive fashion. Psychopathy cannot undertake strategic planning and this short-termism has established climatic uncertainties that the globalised elite will struggle to solve. The feedback loops are beyond anyone's comprehension or computer modelling. The changes in the weather patterns that are already becoming accepted may, in future, become anything. The Meteorological Office in Britain binds all of its employees with the Official Secrets Act so it is difficult to gauge a real-time professional overview of the freaky weather conditions that are commented upon wherever you travel nowadays.
Anyway. Globalised Regulators with Incentives and Teeth. That is for starters.
Also. As we all live within an Imperial State, the State of the INWO, otherwise known as America, we should all be able to vote in their electoral spectacular. The racist decisions made in the US election will impact upon all of our lives. In a True Democracy, we should be able to have our say.
Anyway. Its a recession. Don't believe anything you read. Including this.
Football Is Fixed is Not Serious. Its a Comic.
"I'm not a fighter, I'm a lover" shouted Joey Barton before adding a further 15 blows to the five already landed on his victim.
Don't believe anything you read.
In other countries in the world, public holidays are in celebration of some religious, class, national or cultural Reality - carnivals, fiestas, workers days, liberation days. And Fatland? What does Fatland have to offer in order to link the proletariat with the deep state in a unified mass of humanity? Bank Holidays!?
A culture that defines its recreation time by its savings institutions...
And you wonder why someone might be pissed off to be back here again...
© Football Is Fixed/Dietrological
