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disaster capitalism

The Politics of Disaster Capitalism, Extreme Edition

In Sunday's Abbreviated Pundit Round-up, Daily Kos editor and front-page contributor Mark Sumner notes via an excerpt from Byron Williams that the problem with our deficit isn't what pundits and politicians are making it out to be - and nobody appears to be listening:

Byron Williams says President Obama isn't standing his ground.

According to the Congressional Budget Office, the bipartisan federal agency that provides economic data to Congress, more than half the current deficit is attributed to the tax cuts during the presidency of George W. Bush and the two wars that were financed on borrowed dollars during the same time period.

It's not health care legislation, it's not TARP, nor is it the stimulus package -- the troika with which most seem obsessed -- it's the tax cuts and wars that many who sit at the table negotiating with the president supported, but have irresponsibly drawn a line in the sand in opposition to any revenue increases.

Republicans sank the economy and ran up the debt, now they're looking to capitalize from their own destruction. Don't let them.

If you're familiar with the title and premise of Naomi Klein's The Shock Doctrine, then you're familiar with how extreme - and dangerous - the current antics of conservatives and the Republican Party in general are to the well-being of our nation.

Contact your local news media (unless, of course, you're stuck with Fox) and demand that they start pointing out the realities behind the current fiscal issues. Recommend that they read Byron's column. Demand that they stop catering to the dialog that the politicians are refusing to correct. We need EVERYONE who can to work with us to force the media and the politicians (the ones who are still listening) to start driving the debate on getting actual issues addressed, instead of permitting the ongoing smoke-and-mirrors that characterizes what has become the typical game of "kabuki theater in a Potemkin village" that our Congress has engaged in.

Our nation, and our people, can't take much more of this idiocy.

 

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Capitalising on American Tear Gas Lobbed at Egyptian Protesters

Yes, you already knew our government was extremely supportive in propping up the corrupt Egyptian regime, mostly as a means of keeping their torture routes protected and the oil and military markets flowing profitably... And, no doubt, we will send more tear gas if they need it because there is a lot of money to be made in never ending wars:

“Made in the USA” Tear Gas Thrown at Protesters in Egypt

The United States has given billions of dollars in military aid to Egypt over the decades. The State Department approved the sale of tear gas to its police, despite its known history of brutality.

But the entire Arab world is starting to look like another neoconservative disaster as the lies and collusion between the USA, the UK, Israel and the supposed enemies of freedom - like the contorted and distorted "enemies" in Palestine, for example - come to light. It is another neoconservative contrived clusterfrack of foreign policy failure. But much like the Shock Doctrine delivered banking disaster is, the organized chaos the elite powers that be have preyed upon should be exposed for the Disaster Capitalism that has resulted.

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More Shocking Revelations From Bank of England's Mervyn King

In the aftermath of the provably orchestrated and Shock Doctrine delivered Bankster Bailouts comes the inevitable Disaster Capitalism delivered message of "austerity for you". Well? If you understand Shock Doctrine techniques typically used to get what they want:

Bank of England chief Mervyn King: standard of living to plunge at fastest rate since 1920s

Households face the most dramatic squeeze in living standards since the 1920s, the Governor of the Bank of England warned, as he reacted to the shock disclosure that the economy was shrinking again.

Families will see their disposable income eaten up as they “pay the inevitable price” for the financial crisis, Mervyn King warned.

...snip...

“The squeeze on living standards is the inevitable price to pay for the financial crisis and subsequent rebalancing of the world and UK economies.”

It is inevitable! There was a shocking disaster and everyone has to pay for it!

Well? The plebes have to pay for it.

Coming from the same guy that the Bush State Department - as evidenced by wikileaks #cablegate - was helping to orchestrate the bailout of the banksters 6 months before Bush finally was ready to deliver the scripted announcement of the "unforeseeable market disaster".

But this austerity moment isn't well planned, in advance, Disaster Capitalism and as a result of this latest phase of that orchestrated Shock Doctrine like delivered disaster either, eh?

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Quoting Sara Robinson, circa April 2010

__________

‎"...conservatives have spent the past 40 years systematically delegitimizing the very idea of constitutional democracy in America. When they're in power, they mismanage it and defund it. When they're out of power, they refuse to participate in running the country at all -- indeed, they throw all their energy into thwarting the democratic process any way they can." -- Sarah Robinson, April 2010
(via http://www.dailykos.com/story/2010/11/7/918403/-The-Other-Shoe-Is-Dropping)

__________

This is a perfect summation of how the GOP has behaved, particularly since Obama took office.

As I said on Facebook,

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‎xaxnar's DailyKos diary contains that tidbit from Sara about conservatives -- they really have evolved into a "Disaster Capitalism" form of political and economic poison for the majority of the nation & world.

And a bunch of disillusioned, deluded and/or disaffected fools just gave 'em back control of the House.

__________

We need the people who put these putzes back into power to seriously wake up and start doing everything they can to recall their poisonous, infectious lunatics and replace 'em with something far less dangerous.

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Why Is Oil Spill Cleanup Technology So Outdated?

Doug Suttles of BP: Well, Tom, I'm not the best expert on the technology but I think events like this typically advance the technology by leaps and bounds....I think that probably part of the reason is there have been so few big spills. The events haven't driven the technology change that's out there. I think this event probably will.

Apparently it is because < shakes my head > they claim  they have not had enough oil spills to practice on:

Visit msnbc.com for breaking news, world news, and news about the economy

Meanwhile and exhibiting its infinite wisdumb in disaster manipulations, BP has decided to hire the Vampire Squid, among others, to teach them how to navigate the Gulf Gusher fall out:

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Xe Neverending Corruption and Crimes of Blackwater

From TPM, we get this little tidbit of news concerning Blackwater, a corporation so tarnished with corruption, gun running, muder, prostitution and rape of minors and other legal issues that they changed their name to Xe to try and dump the image they had built for themselves and other mercenary groups:

A lawsuit filed by two former employees of Blackwater charges that
the controversial security contractor defrauded the U.S. government,
including charging it for strippers and prostitutes, the New York Times reports.

Perhaps the most explosive charge in the lawsuit -- filed by a
married couple, Brad and Melan Davis, is that the company put a
Filipino prostitute in Afghanistan on its payroll under the "Morale
Welfare Recreation" category, then billed the government for her salary
and plane tickets.

I think TPM gets this story mostly right... But it seems that Blackwater/Xe may have actually been double billing for the prostitues' flights, as well as pretty much anyone else they could book on their privatized fraudulent err farce:

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