hannah-weiners-haunted-house-de

ghostsorballoon:

If you die your loans and debts are transferred to your relatives. Everything has to be paid I guess. It has to be hurled into the furnace. I guess that makes sense but it completely crushes me. Capital is literally a curse or a hex of some kind, that passes from one mangled body to another. There’s absolutely no way out of it. I’d say I want to die but that would just be— haha—- “passing the buck.” So I guess I’ll say— I want everybody to die. 

Today’s Conclusions, 7/27/11

  • For the moment at least, if I empty my mind of everything and Zen out and just let the first image/word come to me it’s “Blood Colossus”. Keeps happening. “Blood Colossus”

  • If I could figure out how to build a device that would give me an electric shock every time I start reading the comments section on a blog post or video, then I might be inspired to pick up my soldering iron again.

  • <insert daily reminder that this ‘debt ceiling’ nonsense is a great ugly fog horn signaling the poisons beyond purge in American culture and politics here>

  • SUMMON THE BLOOD COLOSSUS!
thenewephemera

thenewephemera:

Reality marches closer to the absurdity in “Investment Banking in Reverse”  

  (thanks, ghost)

Also, original article appears to have been removed?

Dolan’s story already wasn’t too far from the approaching truth. Now we can see that truth is approaching faster. harder. (louder? stronger? stradster? louger?). And yeah, full text of the article mysteriously disappeared, but you can find it here behind this hypertext 

future-eater

future-eater:

$doe$
MC Paul Barman
July 2007

banks
They yank our pockets
for rockets and tanks.

War
What is it for?
Weapon storage is full, make room for more

Doe
Every pimp is a hoe
Why else he got to put on a show?
Real power is rich and anonymous
unknown by commoners
like dude on sidewalk in a raincoat
with power to make president a scapegoat

Debt
is makin a bet
Sell all your shit, work late shifts till ur set

Grants
worth more than advance
Can’t claim recoupment, no hands in your pants

Abu
Graib be less taboo
than askin, ‘how much do you make?’
How does that grab you,
habibi?
Easy on the tv
(‘I’m not sleepy!’)

jhnbrssndn

jhnbrssndnbuffleheadcabinmerkatroid:

The Crisis of Credit Visualized

Whether you know all this or not, you’ll have a refreshed & clear model of the stupid mess Wall St. & the banks got us all into. Once missing piece: it’s deregulation of the financial sector, pioneered by the Regan Administration, that allowed this scheme to rise & fester.

This should be paired w/ the documentary Maxed Out: Hard Times, Easy Credit and the Era of Predatory Lenders (2006) (available on YouTube, at least for now) to see how this system

  • has been in place for some time
  • is still in place now
  • was facilitated by so-called “fiscally minded” politicians, especially George W. Bush’s administration and its partnership with MBNA.
  • has made victims of honest, normal, hard working, and intelligent people (defying the common claim from financial types that the crisis is on the shoulders of “idiots” who were taking on more debt than they should have signed up for).
  • creates a system of bankers/debt collectors completly incapable of recognizing how they are destroying the lives of other human beings … you’ll notice that the debt collector who has the most heart and understands his clients as human beings in a tight spot is the man who runs a pawn shop.
azspot
Amazing. The world’s greatest debtor is going to take on the two powerful countries with the largest trade surpluses. According to the World Factbook, an annual publication of the CIA, Russia’s 2007 current account surplus is $465 billion and China’s is $363 billion. In contrast, the US current account deficit is $987 billion—an amount larger that the total deficits of all other countries in the world combined. The out-of-pocket and already incurred future cost of Bush’s wars of aggression is between $3 and $5 trillion, every dollar of which must be borrowed. That comes on top of the unfunded liabilities of the US government totaling $53 trillion. By any account the US is the world’s worst credit risk. The “mighty” US relies on foreigners to finance its consumption, its wars, and the daily operations of its government.

Paul Craig Roberts (via azspot)

This is the sort of thing that scares me more than terrorism.