Boy it seems obvious but I never really noticed that.
Banks are required to have a certain amount of actual money on hand when they give out a loan. The loan itself is "created money". It starts to exist from thin air when a loan officer types that amount into a computer. This is where the source of our money comes from. Our money comes from debt.
By federal law, they must have some actualy money on hand, however to ensure or back that loan. What money do they use? The money you and I deposit in our savings and checkings accounts. When I see my checking account balance I do not see my literal money sitting in a vault somewhere, but the bank's promise to pay me back that amount. That is why your savings account yields interest, however tiny, because it's a loan to the bank.
Say that the bank doesn't have enough money on hand to keep handing out loans. This is a very real situation, because the average consumer doesn't have any savings! The bank is allowed to borrow this money from the government, which has also created it out of thin air to lend.
Imagine one day the dollar is worthless. I try and pay my rent and the land lord says, "I don't want your stupid money, I can't buy a damn thing with it, or pay the costs of leasing out my house to you with it."
So I go to the bank and I say, "Hey, what gives? Every dollar that I have lent you in my bank account is worthless. I want the gold (or, since the founding of the federal reserve, silver per every 9 dollars) that this paper note represents!"
The bank says: "Uh, there isn't any. Your money was backed by our debt, that we borrowed from the government, with the prospect that the borrowers would pay us back with interest. Sorry!"
This is what would happen if the currency were devalued, if the government could not manipulate inflation rates, or if one apocalyptic day the only thing keeping the debt-based system alive, the government and the security, stability and good faith of the American nation it represents, were gone. Then there would be nothing in existance to re-assure people that one day, all debts that valued their money would be re-paid.
So how do I get my hands on all of the newly-created money lent to borrowers? (Leave asside for the moment that the interest on their loan was never created when the principal came into existance, which is why loans default.) How do I cast a net to pull in all this cash? I would have to get people to give me their loan money by selling them something. I would need to own a business that sold a good to the borrower in order to have access to the new addition to the general money supply.
But I don't own a business. I don't sell good or services. But I work for a company that does. In exchange for my labor I receive wages that come in from the company's payroll; an expense deducted from their incoming revenues deducted before they turn a profit (so I am told, but who knows if this is what actually happens). So if I don't have a job, I have no access to the general money supply. And if I can't access the general money supply, I have no means of keeping myself alive in modern society, as I no longer have the skill set to be a hunter-gatherer. Nor is it possible as I do not own any land on which to hunt and forrage: All land is privately owned (if not by an individual then by the government).
So you outsource all the jobs so they are no longer available, and people can't access the money supply, and there is no social security net to offer an alternative means of sustaining human life. Meanwhile, all of the loan money that came into creation and any interest paid back (which had to have come from the complete deficit of prinicipal from someone, somewhere) flow upwards, streight to the top. We have since the Nixon administration an economic system where money flows up, but is identified by Orwellian names such as "trickle-down economics" (by the way, the Regan-era economist who invented this theory/rationalization has since recanted and says it doesn't work).
Tuesday, November 16, 2010
Thursday, October 28, 2010
Wednesday, October 27, 2010
Tim and Eric's Awesome show - "Robin" episode - deconstructed
It would be profoundly obvious and therefore moot to call the Tim and Eric's Awesome show great job! on Adult Swim ([AS]) purile. But deconstructing its message and meaning as an artifact of culture holds great value in understanding the mindsets of the two generations who regularlly view and who have created the show.
The show is the product of comedians Tim Heidecker and Eric Wareheim, both in their early 30's, placing them at the cusp end of Gen X. [AS] viewership is nortoriously aimed at the under 35 demographic, for an audience largly made up of millenials.
There is a sketch at the start of the "Robin", episode cut in two parts, that depicts a relationship between manager and a managee set in an office best described as sado-massochistic. The joke is that Robin loves her boss who humiliates and degrades her. The sketch begins with Robin bent over, showing her disproportiantly lumpy and therefore unfuckable ass, turned towards the camera. Robin stands up to reveal that she has a stomach the size of an airbag with understated breasts. Thus the joke is firstly infused with body fascism. The character is played by Eric Wareheim in over-stated drag, thus amplying the point that Robin is grossly "un-feminine", conflicting with the patriarchal ideal.
Tim and Eric's commentary on Robin's boss, played by Tim Heidecker, is unremarkable in that the comics do not scathingly attack the character, other than to hyperbolize his baldness, comparatively modest (to Robin's) beer gut and the fact that he secretly is sexually attracted to her. This is the boss character's central joke/source of shame. The sceene is presented through the lense of the boss character, and thus the cultural standpoint of biases and assumptions he represents, and is presented as the more relatable character the audience may identify itself with. The sceene is an exercise in blatant bullying, and the boss character serves as a touch point wherein the audience may participate in his bullying of Robin, and thus recieve the pay-off of momentary empowerment at the expense of a degredated party.
And so the misery continues, with Robin patiently and subserviently uttering "yes sir" responses to his oinking at her like a pig and his insults, including that she looks like she's had five breakfasts. The second half of the sketch resumes a few minutes later, with Robin's boss calling a meeting to screen a private sex tape Robin created for him. Joke after joke is just an expansion and deepening of the character's humiliation... and that's about it, lacking further comedic content.
While this sketch is alarming as an exercise in un-mitigated group domination (the audience becoming a complicit party), it's a great example of the verility and tenor of millennial generation sexism. Having rejected the ideals of the boom generation and the positive feminist progress it encloses, while also having been bombarded with right-wing propaganda that stunts intellecutal and moral development, the younger generations of Americans find an added exhiliaration in their irreverent rejection of social expectations. While I'll be the first to call most non-conformist urges rare and wonderful, when the channeling of these are mis-directed towards re-inforcing the dominant paradigm instead of deposing it, it is a fucked-up warping of the evolution of the human spirit. If such a thing exists.
The rest of the episode is less alarming. Yeah, I get the joke about Candy Tails, another expression of the millenial generation's (healthy) distaste for consumer marketing. And then there is a sceene featuring David Liebe Hart, a well-meaning yet obviously mentally ill ventrilloquist. Mr. Hart, self-identified as a memeber of the Screen Actor's Guild, has obviously had his mental illness exploited. In turing the camera on him, he embarasses himself with his natural behavior. Readers will hear the dominant paradigm's rebuttle that this is Mr. Hart's own fault, and that he is responsible for his own actions/decisions, echoing in their minds, and there may be posts to this effect. This is exemplary of an ideaology that enables exploitation to continue, because it does not put the reponsibility for having exploited a person disempowered by mental illness on the exploiters - Tim, Eric, their staff, [AS] and everyone complicitly viewing the show - but on the mental patient, himself. Whether Mr. Hart's claims that Jim Henson was his Sunday school teacher at a Christian Science church is beyond my desire for verification, because his subesequent claims that Mr. Henson "told" him to pursue puppeteering is enough to cause me to bet their accuaintance is a delusion.
So there ya go kids. Garbage in, garbage out. Unquestioned, undisputed and unfathomable.
The show is the product of comedians Tim Heidecker and Eric Wareheim, both in their early 30's, placing them at the cusp end of Gen X. [AS] viewership is nortoriously aimed at the under 35 demographic, for an audience largly made up of millenials.
There is a sketch at the start of the "Robin", episode cut in two parts, that depicts a relationship between manager and a managee set in an office best described as sado-massochistic. The joke is that Robin loves her boss who humiliates and degrades her. The sketch begins with Robin bent over, showing her disproportiantly lumpy and therefore unfuckable ass, turned towards the camera. Robin stands up to reveal that she has a stomach the size of an airbag with understated breasts. Thus the joke is firstly infused with body fascism. The character is played by Eric Wareheim in over-stated drag, thus amplying the point that Robin is grossly "un-feminine", conflicting with the patriarchal ideal.
Tim and Eric's commentary on Robin's boss, played by Tim Heidecker, is unremarkable in that the comics do not scathingly attack the character, other than to hyperbolize his baldness, comparatively modest (to Robin's) beer gut and the fact that he secretly is sexually attracted to her. This is the boss character's central joke/source of shame. The sceene is presented through the lense of the boss character, and thus the cultural standpoint of biases and assumptions he represents, and is presented as the more relatable character the audience may identify itself with. The sceene is an exercise in blatant bullying, and the boss character serves as a touch point wherein the audience may participate in his bullying of Robin, and thus recieve the pay-off of momentary empowerment at the expense of a degredated party.
And so the misery continues, with Robin patiently and subserviently uttering "yes sir" responses to his oinking at her like a pig and his insults, including that she looks like she's had five breakfasts. The second half of the sketch resumes a few minutes later, with Robin's boss calling a meeting to screen a private sex tape Robin created for him. Joke after joke is just an expansion and deepening of the character's humiliation... and that's about it, lacking further comedic content.
While this sketch is alarming as an exercise in un-mitigated group domination (the audience becoming a complicit party), it's a great example of the verility and tenor of millennial generation sexism. Having rejected the ideals of the boom generation and the positive feminist progress it encloses, while also having been bombarded with right-wing propaganda that stunts intellecutal and moral development, the younger generations of Americans find an added exhiliaration in their irreverent rejection of social expectations. While I'll be the first to call most non-conformist urges rare and wonderful, when the channeling of these are mis-directed towards re-inforcing the dominant paradigm instead of deposing it, it is a fucked-up warping of the evolution of the human spirit. If such a thing exists.
The rest of the episode is less alarming. Yeah, I get the joke about Candy Tails, another expression of the millenial generation's (healthy) distaste for consumer marketing. And then there is a sceene featuring David Liebe Hart, a well-meaning yet obviously mentally ill ventrilloquist. Mr. Hart, self-identified as a memeber of the Screen Actor's Guild, has obviously had his mental illness exploited. In turing the camera on him, he embarasses himself with his natural behavior. Readers will hear the dominant paradigm's rebuttle that this is Mr. Hart's own fault, and that he is responsible for his own actions/decisions, echoing in their minds, and there may be posts to this effect. This is exemplary of an ideaology that enables exploitation to continue, because it does not put the reponsibility for having exploited a person disempowered by mental illness on the exploiters - Tim, Eric, their staff, [AS] and everyone complicitly viewing the show - but on the mental patient, himself. Whether Mr. Hart's claims that Jim Henson was his Sunday school teacher at a Christian Science church is beyond my desire for verification, because his subesequent claims that Mr. Henson "told" him to pursue puppeteering is enough to cause me to bet their accuaintance is a delusion.
So there ya go kids. Garbage in, garbage out. Unquestioned, undisputed and unfathomable.
Monday, October 25, 2010
1
If I continue to write this blog, which I probably won't, the reader (if anyone is reading) may soon come to understand my view of humanity. I see humanity as a lot of sadists who inflict pain upon each other for the fleeting, momentary gratification of power - a temporary salve to dull the pain of the sadism previously inflicted upon them by others.
Having worked in a porn store, this is my view. Having been to a Christian church, this is my view. Having been to college, this is my analysis. And having had a sociopathic parent, this is my intuitive understanding.
However, I do belive that one can escape from the constant cycle of oppressor and oppressee by choosing to reject participation in it. Perhaps the outlet is temporary, but I'm not a determinist without hope, either. Our ability to think, to examine and monitor our own behavior, and more importatnly, our desire to do so is our only way out.
Having worked in a porn store, this is my view. Having been to a Christian church, this is my view. Having been to college, this is my analysis. And having had a sociopathic parent, this is my intuitive understanding.
However, I do belive that one can escape from the constant cycle of oppressor and oppressee by choosing to reject participation in it. Perhaps the outlet is temporary, but I'm not a determinist without hope, either. Our ability to think, to examine and monitor our own behavior, and more importatnly, our desire to do so is our only way out.
Virginia Thomas and Anita Hill
It is a sign of the times and an indication of the "critical mass" saturation of right wing ideaology that Virginia Thomas feels justified in asking Anita Hill for an apology. Surely the right wing will understand and support Mrs. Thomas in her grievance, and right-wing women will identify with a "wronged" wife: One who, rather than lay the blame on her husband where it belongs and risk his disapproval and possible abandoment of her, chooses to blame Anita Hill, the recipient of sexual harassment. Mrs. Thomas' identification of herself as the victim of the liberal "persicution" of Ms. Hill's (viewed as a the liberal menace: a black, educated, college professor and feminsit role-model) self-indulgent and and anarchy-ladden is evidence of the "blaming the victem" mentality that self-justifies and reassures the fascist's ideology and emotional self. Only in a fascist America could the public support Mrs. Thomas' demand for subserviant compliance from a woman her husband victimized through psycho-sexual intimidation. And I'm willing to bet the fact that Ms. Hill had the courage and stregnth to resist, to fight back, is an undermining threat and unfulfilled wish that burns at Virginia Thomas with a particular heat.
The muse is an empty bottle of Prozac.
We are all addicted to so very many, many, many drugs.
The low dose of prozac makes life liveable, but it slaughters and degrades the muse. The natural inclination of humans prior to the past 30 years has been to create to release the pain of living. And when this is artificially anestitized the motivation to create is lost. We are so bombarded by drugs, a technology we've evolved to produce more irristable instant gratifiation, that we abandon the long, slow processes of dealing with living that has produced our greatest works (or greatest tragedies). And the drug itself, long associated with the Muse, may be a tool that some have used to attain a "creative" state. But for the rest of it, drugs are just a metaphor for our natural state of mind. We don't need any more, we were born high. And it's a bitch when you're really high and you can never come down. The constant, grinding adjitation. The mental yoga and constant self-reassurance needed to keep yourself together. Maybe running out of prozac is a blessing. Being forced out of soma holiday land forces me back to the work of processing my life the doctors have been so merciful and kind in sparing me.
The low dose of prozac makes life liveable, but it slaughters and degrades the muse. The natural inclination of humans prior to the past 30 years has been to create to release the pain of living. And when this is artificially anestitized the motivation to create is lost. We are so bombarded by drugs, a technology we've evolved to produce more irristable instant gratifiation, that we abandon the long, slow processes of dealing with living that has produced our greatest works (or greatest tragedies). And the drug itself, long associated with the Muse, may be a tool that some have used to attain a "creative" state. But for the rest of it, drugs are just a metaphor for our natural state of mind. We don't need any more, we were born high. And it's a bitch when you're really high and you can never come down. The constant, grinding adjitation. The mental yoga and constant self-reassurance needed to keep yourself together. Maybe running out of prozac is a blessing. Being forced out of soma holiday land forces me back to the work of processing my life the doctors have been so merciful and kind in sparing me.
Sunday, February 21, 2010
This is not a blog
Welcome to the blog that is not. I hate diaries, and I hate people looking into my head and hearing my thoughts. My skull is a house where the imaginary people and voices live and they like their privacy, thank you very much! (That's why eyes only look one way--outward.) Yet, it's hard to keep them all from coming out my ears. So I'll let them spill out onto the Web for a bit, because I certainly don't want my consciousness seeping out my nose (or other holes).
And also because you NEED TO KNOW THIS SHIT people!!!
I try to make sense of the world so I can have a story to tell myself about it. I make an honest attempt to answer my questions myself, by seeking knowledge. And maybe by joning my teeny voice with a chorus of narratives, all trying to stretch and squeeze a universe that doesn't lend itself to order into meaningful patterns, maybe it might help.
And also because you NEED TO KNOW THIS SHIT people!!!
I try to make sense of the world so I can have a story to tell myself about it. I make an honest attempt to answer my questions myself, by seeking knowledge. And maybe by joning my teeny voice with a chorus of narratives, all trying to stretch and squeeze a universe that doesn't lend itself to order into meaningful patterns, maybe it might help.
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