What I find surprising is that no one (publicly) seems to be calling out the
US in their continuing attempt to impose a more or less completely
dysfunctional (and non-functioning) governmental system on to various parts
of the world and elements of the world governance system e.g. the recent
WCIT/ITU events.

 

I think what we are seeing being played out is that the US is essentially
ungovernable. I think the Internet has a lot to do with it, by allowing for
the broad mobilization of extreme groups particularly on the right who would
otherwise lack the means or sophistication to organize as a "mass" movement
and find methods of using their specific resources (fanaticism and
singlemindedness) to combine with those with vast financial resources to
create on-going mischief.  Pre-Internet the degrees of separation between
individuals, groupuscles, social strata, domains of influence were
physically/socially too difficult to bridge especially among
individuals/groups that are in their essence paranoid.  Now these
"distances" are trivial and I think we are seeing the result.

 

M

 

From: [email protected]
[mailto:[email protected]] On Behalf Of Arthur Cordell
Sent: Tuesday, January 01, 2013 10:20 AM
To: 'RE-DESIGNING WORK, INCOME DISTRIBUTION, EDUCATION'
Subject: Re: [Futurework] Debt limit

 

I think the US will know its reached the limit when foreigners stop buying
its bonds and furthermore when foreigners stop accepting contracts in US
denominated payouts.  At this point the US will cease to occupy its pre
eminent position.  

 

Arthur

 

 

From: [email protected]
[mailto:[email protected]] On Behalf Of Ray Harrell
Sent: Tuesday, January 01, 2013 1:20 AM
To: RE-DESIGNING WORK, INCOME DISTRIBUTION, EDUCATION
Subject: [Futurework] Debt limit

 

What do you think?

 

http://www.huffingtonpost.com/2012/12/31/debt-limit-reached_n_2390166.html

 

REH

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