Arthur, does the silence of this list imply approval?
Ed. I agree with you about "silly" however the roots of this in English culture are deep. The parallels the belief that the Puritans and the other nonconformists were the health of the society as they destroyed the culture of the country and inserted a repressive regime. Once expelled by the Winston Churchill ancestors who believed culture was something to fight for, they were expelled to the Abenaki and Iroquois Confederacies where they proceeded to destroy what they couldn't in England. The roots of that go all the way back to the Abrahamic religious structures when Abraham the nonconformist son rejected his father and started the Abrahamic religions under the guise of monotheism which he then claimed to have invented. The only reason any of this is taken seriously is a lack of historical knowledge. There is even some doubt as to the approved history of those roots and their connections to Akhenaton in Egypt. Who would von Hayek claim to be his intellectual ancestors? The same attitude in neo-classical economics is especially true in today's aesthetics where anything goes and everything is subjective. "Silly" is an interesting word. Even for an ignorant savage like myself the parallels are Glen Beckian. Consider the German word Selig or in Yiddish Zelig where it means "blessed", hence the opening of the Brahms Requiem "Selig sind die Toten" "blessed are the dead" a thought that parallels "Blessed are the meek". It's a crazy world filled with ignorance, incompetence and thus "complexity" ("incompetence", not the Santa Fe version). :>)) REH From: futurework-boun...@lists.uwaterloo.ca [mailto:futurework-boun...@lists.uwaterloo.ca] On Behalf Of Ed Weick Sent: Monday, September 09, 2013 10:29 AM To: ottawadissent...@yahoogroups.com Cc: Futurework Subject: Re: [Futurework] [Ottawadissenters] The Fed Has Wasted Trillions and the US Remains in Depression I believe that governments are stuck. They're not quite sure of what they're dealing with and don't know what to do. The Keynesian solution of pumping money into the economy hasn't really worked and the austerians have recently come to the fore, arguing, for example, that national debt must not exceed 90% of GDP. The US government has been influenced by this rather doubtful line of thought and initiated sequestration. The Government of Canada's solution to the wild ride into the unknown appears to be based on balancing the budget within the next few years (a specific year is usually given, but I forget what it is - perhaps 2020). The Government will then spend no more than it takes in in taxes and other revenues, or at least that's what it intends. I can't imagine a sillier idea. Given all the the economic, political and international uncertainty governments face, nailing down something as specific as a balanced budget by a certain date strikes me as thought at the highest possible level of abstraction. Let's face it. We don't know where we are or where we're going. We have to be prepared to tackle whatever comes along. Ed _____ From: Arthur Cordell <denar...@sympatico.ca> To: ottawadissent...@yahoogroups.com Sent: Sunday, September 8, 2013 10:34:30 PM Subject: RE: [Ottawadissenters] The Fed Has Wasted Trillions and the US Remains in Depression I think that silence is consent. The ham handed support of the “banksters” is evident to most. We talk about it as do others but it seems as if nothing can be done. From: ottawadissent...@yahoogroups.com [mailto:ottawadissent...@yahoogroups.com] On Behalf Of balfourarch Sent: Saturday, September 07, 2013 12:16 PM To: ottawadissent...@yahoogroups.com Subject: Re: [Ottawadissenters] The Fed Has Wasted Trillions and the US Remains in Depression Steve no response? likely folks agreed with you, they do out here. Richard Balfour Architect & Co. Balfour & Associates • Strategic Planning Vancouver 6047310206 balfoura...@telus.net www.plancanada.com <http://www.plancanada.com/> National Coordinator, CCFI-ICBA Canadian Carbon Farming Initiative Initiative Canadienne pour le biochar en Agriculture Full Cycle Forestry Cooperative (BC) Vancouver Peak Oil Executive Metro Vancouver Planning Coalition On 2013.09.07, at 3:24 AM, Steve Kurtz wrote: Even part-time jobs are tougher to get in the US now. Printing fiat does not create natural wealth nor provide more well-being. It merely reprices things; and in this case the bad investments (bonds, mtges, other loans) that should have gone to zero were purchased BY THE FED at bogus prices to bail out the power elite. Hierarchy at work! The free lunch to them is at the expense of the National Debt. I posted 2 pieces explaining this by Charles Hugh Smith, and there was no response. 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