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Red Pill blogs in the American Matrix

by: ANKOSS

Thu Jul 02, 2009 at 10:00:48 PDT        
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( - promoted by buhdydharma )

Never has so much accurate and impartial information been so thoroughly ignored by the general public as in the current econmic downturn. There are numerous sites on the Internet that have been accurately predicting the steady decline of the world economy while government cheerleaders and corrupt "journalists" have been encouraging the public to smoke green shoots. As a public service, I will post a few links that are the equivalent of the "red pill" in the Matrix.

The Automatic Earth

Zero Hedge

James Howard Kunstler

Naked Capitalism

Stirling Newberry at Firedog Lake

Jesse's Cafe Americain

Calculated Risk

If you have the least interest in understanding the magnitude and direction of the economic turmoil around us, you owe it to yourself to swallow the Red Pill and visit these sites. Otherwise, you will be trapped in a Matrix dream characterized by this ridiculous headline from today's New York Times business section:

"June Sales at Ford Fall Less Than G.M. or Chrysler"

By contrast, here is a quote from Cafe Americain that shows the attitude of the Red Pill blogs:

We are on the record in the opinion that the Obama economic team is ineffective, backward-thinking, compromised, and possibly corrupt. They are serving the corporate banks and not the people. They should be replaced starting with Larry Summers who is a Greenspan and Rubin crony and the core of failure on the team. Tim Geithner should follow to find better employment for his talents, possibly as a salesman of men's suits.
ANKOSS :: Red Pill blogs in the American Matrix
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Awesome essay (4.00 / 12)
thanks.

I've been reading Kunstler for quite a while.

I can't help but think that a great deal of the latest "crisis" has been the people who can get, getting.

Let's face it -- people whose job it is to look into the future and see what's coming down the road -- i.e. real investors, think about what they're going to see.

They're going to see Peak Oil.

And Global Warming.  

Together.   It's a Perfect Storm.

So I can't help but think a lot of these people decided to ransack the system for everything they could, so they could weather the storm, grab everything for themselves before the system completely unravels, and to hell with everybody else.

Rats on a sinking ship, you know?

That's where all the money went.

Apparently the same thing might be happening with gold.   A lot of gold is suddenly unaccounted for.   Gold that is supposed to be in vaults.



"Never let a serious crisis go to waste. What I mean by that is it's an opportunity to do things you couldn't do before." -- Rahm Emanuel


Yes, they are cleaning out the till (4.00 / 7)
This explains why Goldman Sachs is awarding record bonuses at a time when they should be rebuilding capital (if they were concerned about the long-term health of their business). Behind a screen of lies, those in power are busily cleaning out the till and tossing the last sacks of loot into their getaway cars. I don't think they will get very far.

[ Parent ]
It'll be interesting to see (4.00 / 5)
where they end up.   I hope they don't get far but I figured they'll make out like the bandits they are.

The rest of us?  Not so much.

"Never let a serious crisis go to waste. What I mean by that is it's an opportunity to do things you couldn't do before." -- Rahm Emanuel


[ Parent ]
Natural News and Global Research (4.00 / 4)
kick serious ass!

The object of persecution is persecution. The object of torture is torture. The object of power is power. Now do you begin to understand me?' - 1984

[ Parent ]
Don't leave out (4.00 / 2)
George Ure and Cliff High from the webbot project
UrbanSurvival
www.halfpasthuman.com



Orwell's 1984 was a cautionary tale- not a "how to" manual.  


[ Parent ]
Super Cool (4.00 / 6)
I'll take the red pill, please!

Cheers, ANKOSS

The object of persecution is persecution. The object of torture is torture. The object of power is power. Now do you begin to understand me?' - 1984


Right, but... (4.00 / 8)
If only you'd realize that these things take time and he's only been in office less than six months and these things are eleven dimensionally far more complex that you have any hope of ever comprehending and this is way more and way way better than the alternative and... and... and... if you weren't such a far left dirty fucking hippy CT'er and Obama hater then everything would be just peachy.

Rah. Rah. Rah. Ohhhh. Baaaam. Uhhhh!

Get with the program, eh? Go shopping!

Sheesh.

;-)


Besides, if things were any better you couldn't stand it. (4.00 / 7)


[ Parent ]
Right you are! (4.00 / 3)
Things are so great here I don't know what to do with myself.

I just lost my shitty job. I need a lawyer!


[ Parent ]
Now you have all kinds of (4.00 / 3)
extra leisure time you can use to catch up on all your shopping. You're helping the economy by being off work. You didn't know? ;-)

[ Parent ]
Right again, (4.00 / 2)
Oh wise one! How did you get so smart?
I'll run out in the morning and buy a lottery ticket. :)

[ Parent ]
Only a matter of time now. (4.00 / 6)
They should be replaced starting with Larry Summers who is a Greenspan and Rubin crony and the core of failure on the team.

Inadequate stimulus payola only buys Obama so much time before the inherent contradiction of allowing the banks to save themselves by further fleecing already overstressed consumers becomes too obvious to ignore.

That will be about the time when Obama finally realizes his hucksters' snake oil has put his reelection is in serious jeopardy and fires them.  However by that time it may very well be too late - both for Obama and for the US economy.

Tim Geithner should follow to find better employment for his talents, possibly as a salesman of men's suits.

"You're gonna like the way I crook.  I guarantee it."

All that campaign cash buys a lot of stupid.


The midterm elections will result in a cabinet purge (4.00 / 6)
I'm pretty sure that Summers and Geithner will be thrown out just before the midterms to save some Democratic seats, but they are likely to be replaced by another pair of Wall Street gangster goodfellas.

Obama made his deal with the devil, and it is going to burn him. He had the chance to rival FDR, and he will end up being a black Tony Blair: full of confidence, poise, and charm as he leads the nation into folly.


[ Parent ]
I'll add to your red pill list (4.00 / 3)
ANKOSS, you included many blogs I read, but I can add to your list ...

Economic Populist
Credit Writedowns
nowandfutures.com
Bank Implode-O-Meter
The Market Ticker

and on energy issues we face
The Oil Drum
Life After the Oil Crash

Orwell's 1984 was a cautionary tale- not a "how to" manual.  


Little red pill? (4.00 / 3)
I really need to watch those movies. ;-)
 I have those "red pill" sites in my Economic Bookmarks, plus a few others. Calculated Risk is a must read and I usually check Krugman's blog. His cat has been sick. :-(

"By the pricking of my thumb, something wicked this way comes.", Wm. Shakespeare, "Macbeth"

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