The present financial implosion now engulfing our world was caused by Greed and a fanatical devotion to the ubiquitous forces of CONSUMERISM ...
the obssesive compulsive desire to have it all and most importantly, to have it right f*cking now!
I started watching THE LONG FIRM.
Set in the 1960s, it is the tale of Harry Starks, a "charismatic nightclub owner, racketeer, porn king" on a mission to sanctify his violent, criminal, life. His saviour and redeemer is his Faith in CONSUMERISM.
Are you 'Keeping up with the Jones'?
Like Greyhounds at the racetrack, we're supposed to chase a fake rabbit.
That rabbit should be called The Jones..
and the worst part of it all is that The Jones don't even exist.
The imaginary Jones down the street are courtesy of our evolutionary base impulses. Our natural greedy little monkey instincts to hold more bananas than we can carry are being brilliantly manipulated with modern marketing techniques and recent scientific psychological discoveries...
all masterfully tweaked and delivered by the governments & media who are owned lock, stock, & barrel, by the Global Congloporates.
Our entire 'financial world' is based on the hope (gambled on a sure bet) that in lieu of saving our hard-earned-pennies pffft, we'll beg, borrow, and steal, to buy superfluous crap that we don't need and can't afford.
It seems to work like a charm in short bursts of fifty years..
have a lash at the KONDRATIEF CYCLE .
Gord "Greed is Good" Gekko sums up our predicament perfectly in the film
WALL STREET ...
"The richest one percent of this country owns half our country's wealth, five trillion dollars. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation.
You got ninety percent of the American public out there with little or no net worth. I create nothing. I own. We make the rules, pal. The news, war, peace, famine, upheaval, the price per paper clip. We pick that rabbit out of the hat while everybody sits out there wondering how the hell we did it.
Now you're not naive enough to think we're living in a democracy, are you buddy? It's the free market. And you're a part of it. You've got that killer instinct. Stick around pal, I've still got a lot to teach you when there is lot's of cheap money sloshing around."
Speaking of the richest one percent that owns half of the country's wealth, meet the disgraced-greedy-bastard and current poster boy of the ongoing fi-f*cking-nancial debacle, RICHARD FULD ...
who was the CEO of Lehman Brothers which "fulded" under his leadership.
Fuld recently appeared before a Senate Committee and in a marvelous performance of hubris admitted that he "taken about $300 million (£173 million) in pay and bonuses over the past eight years and wondered why the US government had not rescued the 158-year-old firm."
During the new global recession, we, the great unwashed, will lick our sore paws like exhausted Greyhounds while the Conglorperate owners of the racetrack fix that wascally wabbit that they'll never-ever-ever catch...and then..
They're betting on us to try to keep up with The Jones!