15 May 2013

bullshit-meter

austerity_maniacs

Austerians pretend to be upright parents who are punishing us children for our own benefit.  Hence they become furious when their lies are exposed, since they lose all moral “superiority.”

Here’s an item from the Washington Post that vainly tries to recover the moral high ground. It uses the standard “without-austerity-things-would-be-worse” bullshit.

torture

Does anyone really think that the correct policy for Greece over the last few years would have been to leave the structure of the economy intact — the corruption and lack of private sector competitiveness, the lax tax collection, the inefficiency of the government, the extensive subsidies and monopolies and state ownership of firms, the regulatory strangulation — and simply lent the government whatever money was necessary to keep things as they are, including a sky high government deficit?

The correct policy for Greece, you moron, would have been to never surrender its Monetary Sovereignty in the first place. For every country in the euro-zone (except Germany), their problems began the moment they adopted the euro currency.

ekonomyst

Nobody in his right mind would have lent money to an unreformed Greece because there would have been little prospect that the money would ever be repaid. “Austerity” was not some policy choice inflicted by moralists and idealogues — it was the only way to avoid default and insolvency. The package, which included fiscal austerity, was imposed on them by public and private lenders who would only do so in conjunction with a program of fundamental structural reform. The let’s-keep-running-deficits approach was not an option.

I like that. “Unreformed Greece.” It’s not robbery and destruction. It’s “reform.”

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There’s much more in the Washington Post article, but we’ve heard it a thousand times before. The lies are not even cute enough to lampoon. Same old sewage. Same old stench.

http://www.washingtonpost.com/blogs/wonkblog/wp/2013/05/14/the-case-for-austerity-isnt-dead-yet/

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bbc_news

The book below is set to be released on 21 May 2013, and its two authors have been promoting it in guest editorials throughout the corporate media. This suggests a sick schizophrenia in our culture. One on hand, everyone believes that austerity is necessary and good. On the other hand, everyone knows that austerity kills. People enjoy reading about the gruesome consequences, as though they were watching a TV drama or soap opera.

body_economic

Thus, the authors spend 240 pages on stuff like this…

Early last month, a triple suicide was reported in the seaside town of Civitanova Marche, Italy. A married couple, Anna Maria Sopranzi, 68, and Romeo Dionisi, 62, had been struggling to live on her monthly pension of around 500 euros (about $650), and had fallen behind on rent.

Because the Italian government’s austerity budget had raised the retirement age, Mr. Dionisi, a former construction worker, became one of Italy’s esodati (exiled ones) — older workers plunged into poverty without a safety net. On April 5, he and his wife left a note on a neighbor’s car asking for forgiveness, then hanged themselves in a storage closet at home. When Ms. Sopranzi’s brother, Giuseppe Sopranzi, 73, heard the news, he drowned himself in the Adriatic.

People read such things with a grim fascination, like they were motorists slowing down to gawk at a nightmarish car wreck. “Good thing that didn’t happen to me.”

Doubtless the pro-austerity maniacs also enjoy it. After all, the victims of austerity are hosts “takers” who are inferior to the parasites “makers,” and deserve their fate.

The correlation between unemployment and suicide has been observed since the 1800s. People looking for work are about twice as likely to end their lives as those who have jobs.

Obviously people are depressed because the US government has a “debt crisis,” and has not “gotten its fiscal house in order.”

Anyway, do we really need 240 pages to tell us a three-word message?

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cnn_money

YOU’RE A FREAK!

When all else fails, you can fabricate a new bullshit “survey” which “proves” that the rich and their puppet politicians are right, and their slaves are wrong.  From CNN:

Europeans still believe that cutting government spending is the right way to fix the region’s economy despite the pain it is causing, according to a new survey published Monday.

The Pew Research Center said a majority in six of the eight countries surveyed considered debt levels to be a major problem.

“Despite the vocal political debate about austerity, a clear majority in five of eight countries surveyed still think the best way to solve their country’s economic problems is to cut government spending, not spend more money,” Pew said.

It gets even worse, but I won’t foul your computer with further discussion. Instead, let’s just check the gauges…

gauges

Yup, just like I said.

The point is that these fabricated “surveys” work, even though no one believes them (not even the stupidest morons). They work because they make people subconsciously think, “If I question austerity, then I am an outcast; a fringe dweller; a freak.”

Most people have an inherent need to be socially accepted. They want to “fit in.” That makes them easy to control. This is well known to politicians and advertisers.

http://money.cnn.com/2013/05/13/news/economy/europe-austerity-pew/

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troika_slovenia

I have predicted that Slovenia would be the next to get the Cypress treatment, in which Troika bankers and the local government steal depositors’ money directly from banks.

Slovenia’s government tried to ward off this attack by adopting a crash program of extreme austerity last week (i.e. mass privatizations and tax increases) but it made no difference. Since Slovenia uses the euro, it is a helpless slave of Troika bankers, and they want it all. Moody’s has already cut Slovenia’s sovereign debt rating to “junk” level.

more_austerity

Olli Rehn is the EU Economy and Euro Commissioner. His job is to keep the euro-zone (other than Germany) enslaved by the Troika. Naturally he is pro-austerity. Speaking after talks among euro-zone finance ministers in Brussels, Mr. Rehn said he will decide on 29 May whether or not to attack and destroy help Slovenia with a Cyprus style “intervention.”

In Slovenia, Prime Minister Alenka Bratusek wants to suck €1 billion ($1.3 billion) per year out of Slovenia’s economy, and use it to prop up Slovenia’s financial economy. Olli Rehn says this will not be enough. Mr. Rehn thinks a new mountain of added debt bailout will be needed.

troika_hockey

Dutch Finance Minister Jeroen Dijsselbloem agrees. (He was the one who said Cyprus was a model for future Troika attacks.) Dijsselbloem says the bankers must always be saved first.

“Slovenia has to take swift and decisive action, first and foremost to restore trust in the resilience of its banking sector.”

http://www.japantimes.co.jp/news/2013/05/15/business/slovenia-may-fail-to-avoid-bailout-despite-austerity-plan/

All of these Troika bastards act like money is scarce, when in fact they create as much money as they want, using this…

keyboard

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One Response to 15 May 2013

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