"without wider markets, firms using powered machinery would have either consumed themselves in a competitive frenzy or seen their technologies banned as a result of popular unrest...a sales pyramid developed. the early participants in a sales pyramid get rich because they receive commission on the goods they sell to people who they have persuaded to become dealers too; dealers who in turn receive commission from others they induce to join the pyramid as dealers later on, who themselves recruit and stock further dealers. and so it goes on, setting up a situation in which everyone in the pyramid can only fulfill their income aspirations if the pyramid does the impossible and expands indefinitely...it was the need for exclusive external markets to solve the problem of mass unemployment at home that led the european powers to scramble to assemble competing empires and to eventually confront each other in the first world war.
"where we went wrong" richard douthwaite
"short of support form their congressional members, house republican leaders on thursday called off a vote on their proposal to raise the debt ceiling. just minutes from a roll call vote on the plan pushed by speaker john boehner, republicans stunned the house by interrupting the debate and turning to routine matters while mr. boehner and his lieutenants tried to pressure reluctant conservatives into backing their plan....republicans had expressed confidence that they would round up enough recalcitrant conservatives to pass their plan, but they obviously miscalculated...officials said opponents had multiple misgivings about the measure, which senate democrats said they would reject as soon as it reached the senate desk."
n y times 7-29-2011
so all they are left with is stubborn ideology rather than the mental acuity and flexibility to begin to see that the industrial capitalist ponzi scheme engendered by a 250 year bubble of cheap energy is coming undone...behaving like spoiled children they are stamping their feet and calling one another names across the aisle...digging in their heels to support their versions of a status quo that has come badly unhinged and obviously oblivious to the aura of bonehead stupidity they are emanating across the country...teleological and exceptionalist thinking are what you get when you turn to ideolouges as representatives who have convinced the pea-brained that they have answers...we would seem to be up to our deaf ears in that...never one to believe that authority actually knew what the fuck it was talking about i am unsurprised that there is confusion government, even among those who purport to be on the same page...fear does weird things to people and conservatives are nothing if not fearful...especially of change...poor sods are doomed because life is nothing if not change...stasis is death so you have to accept change as inevitable and i, for one, support a complete and total default on any outstanding debts the country has, the proroguing of congress, the abandonment of the constitution, independent nationhood for texas, and the declaration of the fourth republic for anyone who thinks it's a good idea to still have politicians and their handlers around...your only salvation will be local...the whores are out of ideas...the fat is in the fire and the hog in in the tunnel...fuck these people...they never had much credibility to begin with...what miniscule portion is left will be squandered by next tuesday...american politics ( and politics in general for that matter ) are consequntialist in nature..problem is the interconnectedness of the economy is so complex that it is unknowable and unpredictable ( goodbye economics...you were always voodoo)...it will settle at one level or another once this all falls out...here's hoping the whores reap the consequences they deserve.
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