It's interesting that the majority of debates on the ongoing economic collapse start from the assumption that the task facing our governments is to manage our economies in the interests of the majority of its citizens, and that their actions and dialectics revolve around the best way to achieve this. And that, poor dears, they've made a bit of a mess of it this time.
A wider perspective gives us no grounds for this assumption. Governments rarely work for the benefit of their populations, but rather for the most effective exploitation of their populations for the benefit of the small minority of the faction currently controlling those governments, unless forced by threat of violence and social unrest to do otherwise. This isn't conspiracy theory; Manuscripts Don't Burn would argue it's the tacit common sense working agenda of the political classes, but one which our corporate- and government-controlled media do not like to see discussed.
The situation we're facing today is planned. It's been in the offing for thirty years; the gradual and insidious redistribution of wealth from bottom to top, reversing the more egalitarian redistributions following WW2 (in the face of the Soviet ideological opposition - however illusory that turned out in the long run). One has only to speculate on the relative wealth of a typical family between now and, say, thirty years ago to realise that today's families are considerably worse off, working harder, and carrying greater debt than our parents' generation. Money is flowing upwards, being concentrated into the hands of a small minority calling itself "big business", who themselves control the governments and electorates via "oligarchical intimidation" (witness Mandy's recent "interview") and media propaganda. The future is one of austerity and indenture for the masses, whilst the elite lounge on their yachts preaching about how it's important for us all to "make sacrifices". Haw-haw-haw.
The goal here is nothing more and nothing less than a return to the pre-WW1 status quo of quasi-fascist social organization, with a vast and easily-exploited workforce providing 99% of the labour in return for 1% of the wealth. Anything else foisted upon us by the mock-discussions in the corporate media is just smoke and mirrors to distract us whilst they rob us of our birthright.
We can engage in these pretend debates as much as we like (should we inflate our savings into non-existence or not? what kind of perpetual indebtedness and indenture do we want? which tyrant are we going to vote for - Mr Bad or Mr Crazy? ooh - the breathlessness of choice!), but we're simply parrotting the intended obfuscations which have been given to us in this distracting, irrelevant discourse. The real business of course continues apace, hoovering up the wealth and leaving us bereft, hyperinflating our currencies out of all value and centralizing the concrete assets - in the form of land and resources - in the hands of the "business" elites, leaving us with nothing but handfuls of worthless paper. There's nothing short of actual violence that we can do to change that, for all our self-important "debating" and hot-air. Witness Greece as a foretaste of what's to come in all Western societies in the coming years, when the security forces use lethal force to stifle anyone who dares protest. These anti-terror laws and snooping bills weren't there to "protect" us after all... who'd'a thunk it?
"The Federal Reserve is utterly terrified." Give us a break - yeah, Manuscripts Don't Burn is sure those private and discrete, unaccountable billionaires are quaking in their boots at the prospect of us having to give them all our possessions AGAIN. Terrified to bits. Wouldn't you be? What a joke.
Angry, us? Does it show?