The horizon is not so far as we can see, but as far as we can imagine

Month: August 2011

Innocents were already being hurt in Britain

So a guy gets hurt in the riots.  He lives in the most unequal city in the developed world. He is a part of the society which condemned these people to hopeless lives, to the point where they rioted, after 333 of them died in police custody over 13 years with not one cop being convicted of anything.  They rioted after a black man was shot and the police lied about it.  They rioted when there is one job for ever 58 applicants where they live, where right out of high school most of them will never hold a job.

Riots aren’t pretty, if you don’t want them to happen, make sure your society doesn’t abandon a racial minority to squalor and hopelessness.

You should all know better. Yes, it’d be nice if they were more targeted against the people who have fucked them the most, but y’know, that’s the way riots go. Hell, even clearly political riots like the Greek ones started out with the rioters fucking up their own neighbourhoods.

This is why you don’t let things get to the point where people riot, don’t let their lives be completely intolerable. As Stirling noted, even soulless technocrats from the liberal era understood that.

I have sympathy for the victims, but so what? I have more sympathy for the 333 people who died in police custody. They lost a lot more. And it may not be that shopkeeper’s fault, but that’s how these things go. When you treat people like sub-humans, they eventually show you what that means.

I am not going to play the gutless liberal game of condemning people who have been treated like animals for lashing out in pain. Is Britain a democracy, or not? If it is, then everyone is complicit, if it isn’t then a revolution is needed and anyone who isn’t working towards one is complicit. And in the meantime, a lot of innocents are going to get hurt, that’s what happens in unjust societies.

If people won’t help those in pain, then those in pain will share the pain. That’s what happens, especially when you’re talking young men who never had a chance, who were born with no future, and society just doesn’t care.

British bankers were making millions, billions, and British government couldn’t find enough money to help these people? To give them jobs?

And British society tolerated those priorities?

How many of you would have to die in police custody before you rioted?

The answer, in London, is at least 333 since 1998, and no convictions of cops.

Much higher percentage of blacks than their percentage of the population, of course.  333 dying in police custody.

Per year, that’s about 25.

Now, there are two possibilities as I see it. Either:

1) the police are beating a ton of people, and some of them can’t take it; or,

2) they are deliberately beating certain specific individuals to death.

Which do you think it is?

Added on top of what we know about the London police’s relationship with Murdoch’s papers, where they were receiving millions of pounds in bribes, I think it’s a safe conclusion to reach that the Met police are rotten from top to bottom.

(note: corrected from “mostly blacks” to much higher percentage.  My bad.)

Correction #2: the IPCC reports show most died due to neglect rather than deliberate harm.  Not sure I entirely buy it, but there it is.  Mea culpa, I jumped the gun.  Beat me up in comments as appropriate.

London Riots #3: Context

Wow, just wow:

One journalist wrote that he was surprised how many people in Tottenham knew of and were critical of the IPCC, but there should be nothing surprising about this. When you look at the figures for deaths in police custody (at least 333 since 1998 and not a single conviction of any police officer for any of them), then the IPCC and the courts are seen by many, quite reasonably, to be protecting the police rather than the people.

Yeah.  Ok.  Go read the rest.  What is surprising is that they hadn’t already rioted.

No war but class war, folks.  The rich understand this, and they have been practicing it.

London Burning #2

The oligarchs are overplaying their hand.

Noone expected this. The so-called leaders who have taken three solid days to return from their foreign holidays to a country in flames did not anticipate this. The people running Britain had absolutely no clue how desperate things had become. They thought that after thirty years of soaring inequality, in the middle of a recession, they could take away the last little things that gave people hope, the benefits, the jobs, the possibility of higher education, the support structures, and nothing would happen. They were wrong. And now my city is burning, and it will continue to burn until we stop the blanket condemnations and blind conjecture and try to understand just what has brought viral civil unrest to Britain. Let me give you a hint: it ain’t Twitter.

Notice some other things: Kettling doesn’t work against prepared protesters.  They broke the kettling attempts with bolt cutters.  Notice the masks.  These people have put some thought into what they’re doing.

Next step, next riots, if they keep thinking things through, will be systematic destruction of the CCTV system, taking out police stations, and occupation of the financial district.

Another quote:

In one NBC report, a young man in Tottenham was asked if rioting really achieved anything:“Yes,” said the young man. “You wouldn’t be talking to me now if we didn’t riot, would you?”

“Two months ago we marched to Scotland Yard, more than 2,000 of us, all blacks, and it was peaceful and calm and you know what? Not a word in the press. Last night a bit of rioting and looting and look around you.”

Eavesdropping from among the onlookers, I looked around. A dozen TV crews and newspaper reporters interviewing the young men everywhere ‘’’

There are communities all over the country that nobody paid attention to unless there had recently been a riot or a murdered child. Well, they’re paying attention now.

What was that quote from someone whose named started with J?  Something about those who make peaceful revolution impossible make violent revolution inevitable?

Don’t think this isn’t a big deal. This is a major capital.  London is one of the world’s great cities and a hub of the financial system.  And the rioters are showing it can be done, that if people fight the police rather than sitting passively, the police suddenly aren’t all-powerful.

Oh, and don’t take hope, a future and respect away from young men in large numbers. Smart oligarchies/aristocracies understand that you have to keep a certain number of the violent classes employed. Not for their sake, but for the oligarchs.

The London riots

As I wrote before:

Meanwhile in England, the Cameron government’s massive slashes to education hit virtually all at once, making an entire cohort of young people know exactly who just did their level best to destroy their lives.  This is important, to put it bluntly, young males who don’t have enough money to settle down with a young female are extraordinarily dangerous to the state.

The Conservative austerity measures are destroying the possibility of a future for a generation of young people.  There is this weird idea amongst English elites, which I encountered in person during my London visit, that the problem in England is their welfare culture.  In other words,after a financial crisis virtually entirely caused by the rich, the response has been to slash spending on the poor and middle class to pay for bailouts for the rich, who, by any sane reading of the crisis, caused the disaster.

Round after round of bailouts have failed, because they keep just throwing money at the problem.  As I wrote in 2008:

So you’re in a boat, and it starts taking on water. You grab a bucket and start bailing. What do you tell the rest of the crew?”Find the hole, and plug it.”…

… If you don’t patch the hull, if you don’t make significant regulatory changes at the same time as you are creating a bailout bill, you’re just buying time. The ship may stay afloat as long as you don’t stop ferrying buckets of money to the financial sector, but it’s still got a massive hole in the hull and it’s still taking on water.

Any bailout bill that does not have significant regulatory changes will not solve the problem. It will, at best, kick it down the road for as long as taxpayers are willing to fork over a hundred billion a month or so to keep it from exploding. It may even make the problem worse because of moral hazard—heads the financier who makes a bet wins, tails the government bails him out.

This has played out again, and again, especially in Europe, where lawmakers do bailout after bailout of banks (they’re not bailing out the governments, they’re bailing out their creditors), refusing to do what must be done, which is a massive restructuring of all the debt in the key nations (100 year bonds, paying 1%, say) or an outright default.  They are making ordinary people pay for their masters sins.  And they are putting the worst of it on the people who they feel are least powerful: the young, immigrants, the poor and so on.

The response to a system which refuses to do the right thing, which offers Coke-Pepsi politics (if you don’t like Coke, you can always have Pepsi!) is turning more and more violent. If electoral politics offers no solution, people will look for one elsewhere.

Our elites live in a bubble. They think that what happens on the street doesn’t really effect them.  There will come a day when many of them will be wrong.  They’re playing with their lives, with our lives, and with the lives of their families and loved ones.

What will happen in each country will be different.  Some will get a man on horseback, some will screw in the repression and hang on, turning into aristocracies, others may find what many on the left are insisting on, a Robespierre. And maybe one or two will do the right thing, stop the bailouts, stop the reforms, and make a commitment to restructure in a way which creates a future for everyone.

Maybe.

Comments on the S&P Downgrade

Aside from hysterical laughter, here are the key points:

  1. Obviously the US isn’t even close to insolvent.  The gold in Fort Knox is held on the books at $37/ounce, for example.  Most Federal lands are held on the books at 19th century valuations.  Not to mention that the US’s debt is denominated in its own currency, which means it could simply be printed, and that the US government has a lot of unused room to tax, should it ever deign to use that on people with money, as opposed to those without.
  2. As everyone is pointing out, the idea that S&P, who rated all the subprime trash as AAA, has any credibility, is a joke.
  3. However, Obama and Democrats refused to destroy S&P when they had the opportunity and every reason to do so.  The submprime crisis could not have been nearly as bad without S&P and the other rating’s agencies rating trash AAA so that investors who must buy AAA by law could do so.  To put it simply, S&P engaged in systematic fraud.  They, like everyone on Wall Street and in the major banks, have not been indicted for this.  The choice to not indict is policy.  Obama’s policy.
  4. If Obama did not want this to happen, it would not happen.  Could you imagine what LBJ, Nixon or Truman (or, hell, Bush Jr.) would have done if a rating’s agency tried this?  The President has the necessary tools to utterly destroy S&P and every senior analyst working for them.  You could use terrorism statutes or RICO, just as two examples.  Send the FBI into their offices, seize all the assets of both the company and everyone working for it, and then got through their records.   I guarantee, as absolutely as the sun will rise tomorrow morning, that there is enough evidence of fraud in those records to put them away for life.  In the meantime, RICO laws are used to seize all the assets of everyone involved, meaning they will be using public defenders (don’t like a bad law? Use it against real people.)  When S&P informed the White House they were going to downgrade, the White House could have quietly let them know what the consequences would be.
  5. The US has effectively unlimited drawing rights from the IMF.  Those drawing rights mean that if any of the core economies have an AAA rating, in effect, so does the US.  (ie. if Germany is AAA, so is America.)
  6. S&P knows all this.  They are doing this because they know the President and Congress and the real people in the oligarchy want it done.  Remember, a downgrade increases rates, and that is a direct increase to their income.  And they know the US can pay, they aren’t fooled by idiotic talk about a default.  The US may default at some point, but that will be a political decision.
  7. This is another manufactured crisis, on top of the original manufactured debt ceiling crisis.  The oligarchy wants the opportunity to buy federal assets at dimes on the dollar. They believe they don’t need the poor or middle class anymore, so they are good with getting rid of SS and Medicare.  And Obama is, as he always has been, onside with this.

These people, are, however, playing with fire.  Just because it’s a crisis that didn’t have to happen, a crisis, that is manufactured as another looting opportunity, doesn’t mean that it won’t have real consequences.

If you’re pro-Obama you’re an idiot, on the payroll, or evil

Look folks, at this point, Obama has made possible what a Republican president like McCain couldn’t do.  What a Republican president like Bush failed to do: he is gutting social security and Medicare.

Americans would have been better off with McCain because the Democratic party would not have allowed what just happened, and the GOP would have just passed McCain’s debt limit increase.

This doesn’t mean the next Republican president won’t be worse than Obama, he probably will.  But he will be worse in large part because of Obama, because Obama has institutionalized Bush’s constitutional order and taken it even further, in creating the so-called Super Congress to end run the democratic process.  He will be worse because Obama, by legitimizing “deficits are evil” and delegitimizing civilian Keynesian stimulus (by screwing it up, which I predicted the day he announced his botched stimulus bill) he has made the only possible Keynesian stimulus a military one.  At some point President Teabag will realize that the only thing which will provide enough help to the economy to get him reelected is a new, even bigger war.

This, along with a nuclear bomb to the economy, is Obama’s legacy.  And if you are still shilling for him, I hope to hell you’re on the payroll, because at least then you have a good reason for it.  Otherwise you’re a fool, or far, far worse.

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