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No Alternative World And The Post-Crash Revolt

Politics / Social Issues Nov 21, 2013 - 01:55 PM GMT

By: Andrew_McKillop


The “monster fine” to be paid by JP Morgan for what Eric Holder, the US Attorney General said himself, in an interview with NBC News, was the bank's direct role in the biggest world financial crisis since the Great Depression had little or no impact on investor sentiment. News of the fine produced a small uptick in JP Morgan shares as investors shrugged off the news of the bank's headline $13 billion settlement with the raft of lawsuits by the Federal Justice Department, State justice departments, and other federal agencies. Barry Grey cited a report from Reuters explaining the penalty is tax deductible. The news agency quoted Gregg Polsky, a law professor at the University of North Carolina, as saying what the bank will actually pay as fines would effectively be reduced by $4 billion.

The total cost to the bank for settling virtually all outstanding civil suits stemming from its fraudulent mortgage business prior to the crash will thus be about a third of its reported $21 billion profit for 2012. Operating expenses, we could say.

In the US, political comment on the JP Morgan settlement and criticism of the bank has been for the least “muted”. Whether Democrat of Republican, massive statism rules and crony banks are by definition corrupt, supplying daily proof that the vice grip of liberals and neoconservatives over all other American political parties and the crony media - as everywhere in the developed nations -  is “seamless”.
Just how seamless is shown by the effective impossibility of any independent challenge to the ruling incumbent Statists. This has a massive freeze-frame effect on the economy, economic policy, monetary policy and even foreign affairs - and makes it almost impossible for any “exit from crisis”. The opposite is almost certain, as starkly shown by Europe's economic torment. .

As noted by Frank Hollenbeck one bizarre result in what he calls “today’s surreal world of economic policy” is the rising criticism of Germany because it runs a large trade surplus, now about 7% of GDP. Unlike China, Germany is treated as fair game for criticism by the Statists, as exhibiting egocentric mercantilism, not consuming enough, employing too many people, not increasing its national debt at a radical rate, and therefore in what Statist's present as logical “lowering global economic growth”.

The Statists' ritual playact of reform features the above themes, but all Statist reforms have meanings you would not associate with the dictionary meanings. The focus is resolutely national, treating each country as if it were separate and independent – in a global economy which for over 25 years has driven down “national specificity” and is based on driving down labor costs by all and any means including mass immigration. Nations do not exist for the Statists.

Germany is an excellent example. For starters, it has no national money. Both its immigration laws and foreign policy are heavily influenced by, sometimes subsumed to European directives, like the Schengen agreement for border controls, that is the complete lack of them. Germany has shocked the Statists in the foreign policy realm on several occasions – for example concerning Libya and Syria, refusing to take part in military action - this independent mindedness and lack of gung ho belligerence was heavily criticized by US, British, French and other Statist-minded regimes

Statism exists but is entirely schizophrenic. Its vaunted laisser faire liberal economic “management” is the basic cause of the JP Morgan affair and countless similar “crony bank” affairs. Neveretheless, the Statists want entire convergence and compliance by all members of the so-called International Community. You are free to choose your national policies – but they must be the same as ours.
The Statists's Four Pillars of Reform for their one-only tax, monetary, immigration, and foreign policy system is presented by the compliant uncritical media as a life quest, exhibiting total continuity, whichever of the two main parties holds power. An excellent example is the France of President Hollande. Once voted into power with a narrow and therefore “democratic” margin, Hollande's PS ogovernment has pursued every reform gimmick of the UMP government of President Sarkozy. Ergo, Hollande is hated the same way that Sarkozy was – and in fact has already bettered Sarkozy in absolute-low public opinion scores. Likewise Obama and his seamless Demorepublicans pursue only “the right platform” to the point where Obama is now a derided, almost forgotten President.
In France, the ruling statists are derided by the extreme left and extreme right – only minority parties are allowed, outside the Statist two party system – as a seamless union of the two parties UMP and PS. That is France's Demorepublicans. Japan's LDP DPJ are identical. For many, this is a simple fait accompli and the idea of challenging the Demopublican system, or its elites, is a colossal waste of time, money and energy. Even if such a challenge could be built to electoral and media respectability, it will attract only the naive who have no idea of the immensity of the forces that are entrenched against them, and will quickly abandon and turn against their tinsel stars of “alternate reform”.

The Statist nation is in the hands of powerful corporate-banking-bureaucratic cartels and seamlessly meshed interest groups that will ruthlessly suppress all efforts to unseat them. As proven everywhere in the developed countries, the ruling elite will wipe out of existence any serious challenge,before even the smallest inroad is made among their antique game of fiat money, confiscatory taxes, denial of basic human liberties, mass immigration, and constant spying. Individuals cannot make a difference facing such a monstrous machine of corporate-statism.

In fact and as we know, History is a long story of failed attempts by the ruling establishment to ensure total and unchallenged power. Overwhelming challenge is rampant throughout history. We have all heard of George Orwell and Aleksandr Solzhenitsyn, Viktor Serge and Franz Kafka who did not allow immense power structures to stop or dissuade them from charting why the Statists must fall.
Long before the 20th century, in fact in Ancient Greece, both Socrates and Plato explained that all and any tyrannical system is inert and immobile, lacking what all rational revolutionaries possess – energy and moral truth!  Against the life force of Opposition, even the most powerful tyranny will fall. The tyrants' inability to manage the economy is always flagrant, no matter how much monetary or regulatory control they possess, no matter how ruthless and corrupt they are. The simple working of the economy is outside their comprehension - they are always vulnerable to men and women who can explain the truth and are willing to take a moral stand against tyrannical No Alternative.

To be sure, the compliant and servile media of the Tyrants will constantly present a false image of overwhelming power, and overwhelming odds in favour of the decrepit and dysfunctional “system”, and its supposedly ironclad status quo. This is the calm before the storm. Countless persons know that the fake change dangled as “reform” by the Statists is designed to go nowhere and do nothing. They are only waiting for the right mix of political energy and passion to come along and launch the crusade.
Taking the case of the US, the Demorepublican conflict ending in seamless me-tooism, this can be dated as far back as the early 1780s, just after the 1776 proclamation of Independence, The so-called Federalists of the day, also called Tories due to their similarity to British Tories of the day, hid behind closed doors and shunned contact with the people. They wallowed in aloof pessimism and proclaimed laisser faire, lamenting that nothing could be done because the British were too strong. But the rebels – led my men such as Samuel Adams and Paul Revere – rejected this. They possessed only a rag-tag army, but they had moral truth on their side. There was nothing permanent about British colonial rule.
Entrenched power, because it is illegitimate constantly tries to justify itself. Either morally or philosophically or economically and socially or politically, appealing to “values we all share” This propaganda onslaught is a failure, in all developed countries. The Demopublicans and Statists cannot do it. And because they are unable to change, despite the bleating of “Yes we can”, they are vulnerable. They have no moral status and are ripe for challenge and overthrow, exactly similar to the Soviet Politburo of the 1980s. In that case, the “impossible overthrow” of the Soviet system took no more than about 10 years, and counting 2008 as the founding crisis of the Statist system and its inert, cowardly and corrupt form of “laisser faire economics” this suggests that by or before about 2018 the Statists will fall. To be sure, some effective popular movement has to start the ball rolling somewhere, in one or more major developed countries.

The Statists pervert the reality of History when they are not denying the very existence of it. They claim that people are made by History – and not the opposite. In reality it is always the people who make history by organizing themselves and by acting with moral truth and rationality on their side. They are always opposed by the Tyrants, who pervert and sterilize change – by world war if necessary.

In his over-cited and well-known book of 1992 on the “death of history” Francis Fukuyama often cites the French Revolution of 1789 as, incredibly, the triumph of the liberal economy, after which no further revolutions were needed – except the 1989 overthrow of the Soviet Union. Following this, the liberal economy has triumphed, according to Fukuyama. But in fact the French Revolution was caused by the mutation of the liberal economy into the crony economy – with the politics that go with it. Laisser faire had reached such peaks there was no possibility of change. The tyrannical Statists of the time, called monarchists, had seamlessly bundled the economy into a layer cake of corruption, waste and injustice.

Change was possible and had to came. The Nazis of Germany seemed to many, including France's Vichy rump-government as unbeatable – and economically all powerful. The Vichy government created a web of collaborators who tolerated the Nazis because they profited from collaboration, and because they had fed themselves with the all-powerful image of the Nazi system, but this did not prevent others from rising up and resisting the “crony nation” that had been founded. The exact same process of collaboration occurred throughout the Soviet “empire” of eastern Europe but the resistors did not believe they had been made by History. They made History.

Because of the crisis atmosphere that reigns in all developed countries since 2008, always presented as a fait accompli needing “patient reform” by the Statists, only the most extreme radicalism is on offer, as a fake alternative. Due to this, as shown by the Arab Spring revolt since 2011, effective resistance devolves to street protest and direct action, always tending to violence because of the Statists' anxiety to suppress any challenge to their illegitimate power. The people will clamor for new and radical voices to lead them. The new leaders will be those who openly say it is far better to fight, even if we lose, than to give up and allow the Statists and their forces of evil to win by default.

By Andrew McKillop


Former chief policy analyst, Division A Policy, DG XVII Energy, European Commission. Andrew McKillop Biographic Highlights

Co-author 'The Doomsday Machine', Palgrave Macmillan USA, 2012

Andrew McKillop has more than 30 years experience in the energy, economic and finance domains. Trained at London UK’s University College, he has had specially long experience of energy policy, project administration and the development and financing of alternate energy. This included his role of in-house Expert on Policy and Programming at the DG XVII-Energy of the European Commission, Director of Information of the OAPEC technology transfer subsidiary, AREC and researcher for UN agencies including the ILO.

© 2013 Copyright Andrew McKillop - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisor.

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