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When
Gaia gets pissed off enough at the antics of humanity, she sends in her
hit-man, Reality, to settle accounts. Reality is blessed with a cloak of
invisibility. The human race is so busy concocting stories about what it is
doing, that Reality steals onto the scene unnoticed - until bodies start to
fall over, and the sort of bad political weather known as a shit-storm fills
the skies, the streets, and the assembly halls.
One
of the cockamamie stories circulating this week is that the Euro bailout of
broke member nations is fait accompli, baked in the cake, a done deal, no problemo, because the December 2011 Long Term Refinancing
Operation makes it so. The European Central Bank can supposedly eat bad bond
paper until the cows come home without choking to death at the same time that
it can run a back-door money-printing racket without the results showing up
in currency degradation. And the Greeks will bend over and receive what
they've got coming good and hard because, well, they are Greeks, and it is
their way!
Excuse
me, but something's got to give. History is a lot of things, but it is not
silly putty. Its cousin, Reality, slips through it performing its deeds one
way or another. The Greeks have lately remembered some of their own history.
The Germans have beset them before, they now recall, and some of the money
currently labeled "debt" may have been filed incorrectly, the
Greeks say. It actually belongs in the folder labeled "war
reparations." (Granted, it is hard to read folders when you are bending
over so far that things look upside-down.) Germany,
it happens, remembers too the last time that this folder was flopped out on
the table. Things didn't work out so well for the Weimar finance ministry in
those dark days ninety years ago.
Meanwhile,
Athens and several other Greek cities ignite in an overture to what might
come to be called the European Spring.
Reality
steals onto the scene bearing a message from Mother Gaia: "None of your
shenanigans make the numbers add up. The European financial arrangement will
blow up because it must." Therefore, expect it to blow up. Germany will
not keep pounding sand down the rat-hole of PIIGS insolvency for another
year. Anyway, the proverbial can that everyone was kicking down the road - it
fell down the rat-hole, too, so there is nothing left to kick except Greek
civil servants, both current and retired and, alas, they represent that part
of the Greek economy not occupied by olive cultivation, which is to say most
of it. It turns out, when you kick Greeks down the road (probably Spaniards,
Italians, Portuguese, and Irish, too) sparks fly off them and things catch
fire.
The
bottom line seems to be that Europe can either go broke or burn down, or do
both. But it can't go back to what it was doing before: pretending to be rich
and care-free.
Over
on this side of the Atlantic, America's experiment in pervasive control fraud
took a new turn with the pretended "settlement" of massive,
widespread, robo-signing allegations that will
allow a bunch of "the usual suspect" TBTF banks off the hook from
future liability and criminal prosecution resulting from hundreds of billions
of dollars worth of swindles. The TBTF banks will
have to pay, when all the "principal reduction credits" and other
dodgy subtractions are made, a couple of billion altogether, which is
obviously little more than a cost of doing business for such supernaturally
fabulous returns. And then that is supposed to be the end of the whole
disgusting episode.
Last
to cave in on this legally squooshy agreement
between fifty states was New York's own Attorney General Eric Schneiderman, newly enlisted in the elite national corps
of cads, bounders, and sell-outs. This was the week that the same Schneiderman agreed to lead President Obama's so called
Mortgage Fraud Task Force, which, any child of eight can see, is a
smokescreen to conceal the fact that the US Department of Justice has failed
to initiate any action whatsoever in the vast and gruesome pageant of fraud
that has transformed the rule of law into a rule of larceny.
Do
you think the late Whitney Houston was a lost soul? Then look for the soul of
your country - if you can find it in the wilderness of self-denial,
self-double-dealing, and suicidal self-perfidy that it has blundered into
with eyes wide shut. No lie is now too big for the United States to swallow.
If Europeans ignite and blow up when kicked down the road, here is what will
happen to America: it will blunder down its own road until it reaches the
next John Brown moment. John Brown put his proverbially famous body in the
middle of that road some ways back. He mounted an insurrection at Harper's
Ferry, Virginia, in an attempt to fast-track the abolition of slavery. Brown
was hanged in 1859, but less than two years later the Civil War commenced,
the greatest convulsion in our history. So far.
Slavery
was yesteryear's abomination in America as pervasive control fraud is
today's. Somewhere out in America right now is the new American John Brown, a
righteous fanatic whose act is waiting to alter the course of history. The
next John Brown will also precipitate what was a long time
coming. Reality is busy in the background, even while we blog and dither,
setting things up.
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