Media as a Branch of Government
The toppling of Saddam's statue as metaphor
The complete phoniness of the
toppling of Saddam’s statue was exposed by this web site and others when it occurred, but now Peter Maass, writing in the New Yorker, is calling
the stage-managed nature of that operation into question. While not
contesting that the narrative symbolized by the imagery was misleading,
Maass avers it wasn’t the US government, but the Western media that
– without much prompting – obligingly created and broadcast a carefully-cropped
image of a nearly empty square to give the impression that US soldiers
were being greeted by the Iraqis as “liberators.” As Maass puts it,
the real significance of the statue toppling was that the Americans
had taken central Baghdad, and yet:
“Everything else the toppling
was said to represent during repeated replays on television—victory
for America, the end of the war, joy throughout Iraq—was a disservice
to the truth. Yet the skeptics were wrong in some ways, too, because
the event was not planned in advance by the military.”
As for whose idea it was to bring down the statue, Maass traces it to a lowly sergeant who, out of the blue, came up with the bright idea all by his lonesome, but there are several holes in Maass’s story.
To begin with, long shots of the square show the area around the statue completely blocked off by US tanks, and yet, according to Maass’s own account, “a handful of Iraqis had slipped into the square” – at precisely the moment the sergeant asked permission to take the statue down.
Who were these Iraqis? Reading Maass, one would simply assume they were random residents of Baghdad, curiosity seekers out on a lark, but a look at these photos disabuses us of this notion. They were members of the Iraqi National Congress – those now-infamous “heroes in error” – who had played a key role in the “weapons of mass destruction” deception and were being groomed by the neocons to take power in post-Saddam Iraq. Along with their leader, the wanted embezzler and suspected Iranian agent Ahmed Chalabi, 700 INC “fighters” were flown into Nasiriyah by the Pentagon a few days before, and were whisked to Baghdad, where they arrived just in time for their Big Media Moment.
In short, these Iraqis were on the American payroll – and simply doing their job.
That the English-speaking media were also doing their job – which is, as we all know, to parrot the line their governments were putting out – comes as no surprise. As Glenn Greenwald has noted, the links between our government and the “mainstream” media have become so intimate that one can can fairly speak of an informal “merger.” Yet we ought not to disappear the governmental aspect of this untoward symbiosis. We need to ask: how is it that practically the entire membership of the Iraqi National Congress wound up in that square, on that day, while ordinary Iraqis were being blocked by US tanks?
I have no doubt that both aspects of the Government-Media Complex were acting in perfect tandem on that occasion, and certainly Maass emphasizes this in his piece. That some journalists on the scene who saw what was happening, and protested to their editors that the statue-toppling imagery projected the wrong story, were told to shut up and fix their cameras on the fallen idol will shock the naïve, and amuse the realists among us. Mainstream media organizations didn’t need to wait for orders from Washington: they did it all on their own. Yet we don’t need to read a WikiLeaked cable detailing the mechanics of the deception to understand how the occupiers set the stage for a successful bit of performance art.
This merger of Big Media and Big Government is not anything new, at least to libertarians. As Murray Rothbard, the founder of the modern libertarian movement, put it:
“All States are governed by a ruling class that is a minority of the population, and which subsists as a parasitic and exploitative burden upon the rest of society. Since its rule is exploitative and parasitic, the State must purchase the alliance of a group of “Court Intellectuals,” whose task is to bamboozle the public into accepting and celebrating the rule of its particular State. The Court Intellectuals have their work cut out for them. In exchange for their continuing work of apologetics and bamboozlement, the Court Intellectuals win their place as junior partners in the power, prestige, and loot extracted by the State apparatus from the deluded public.”
Even a dictatorship requires the implicit consent of the majority, which puts up with its depredations until the weight of tyranny presses down so hard that the impetus to rebel is inevitably provoked. What keeps the spirit of rebellion in check are the blandishments of the Court Intellectuals, among whom the mandarins of the “mainstream” media figure prominently.
Rothbard, in the essay cited above, was discussing historical revisionism – the practice of revising the accepted or “official” (i.e. government-generated) history of an event, such as a war, in light of new and often deliberately overlooked or suppressed data. The term entered common usage in the period following World War I, when it was revealed that, far from being a glorious and heroic crusade to “make the world safe for democracy,” the conflict was all about making the world safe for European imperialism, for the arms trade, and for American banking interests whose loans to the Allies were guaranteed by US entry into the war. As Rothbard notes:
“The noble task of Revisionism is to de-bamboozle: to penetrate the fog of lies and deception of the State and its Court Intellectuals, and to present to the public the true history of the motivation, the nature, and the consequences of State activity. By working past the fog of State deception to penetrate to the truth, to the reality behind the false appearances, the Revisionist works to delegitimize, to desanctify, the State in the eyes of the previously deceived public. By doing so, the Revisionist, even if he is not a libertarian personally, performs a vitally important libertarian service.”
The task of Revisionism looks very much like the alleged role of Journalism in a free society, and so it is. Yet as we’ve lost our freedoms, down through the years, ceding them to government at every critical turn, our “free” media, instead of “working past the fog of State deception to penetrate to the truth,” has acted like a fog machine, generating and legitimizing deception rather than exposing it.
This is why WikiLeaks was inevitable: the death of investigative journalism has created a void, which Julian Assange and his collaborators have filled – much to the chagrin and outrage of our alleged “journalists,” who, as semi-official Court Intellectuals, are concerned not with exposing but with protecting the regime. This is why the journalistic profession has not risen as one in defense of WikiLeaks: indeed, far from it, they’ve been in the vanguard of the anti-WikiLeaks lynch mob.
In what Greenwald calls an “unintentionally hilarious” piece in Newsweek, we are told the answer to the question “why haven’t journalists been defending WikiLeaks?” is because they are fearful of “advocacy.” Gee, is that what all those post-9/11 flag lapel pins were about? The idea that the media is averse to advocacy is a half-truth: certain kinds of advocacy are verboten, while others are assumed. When it comes to cheerleading the national security state, the US media has historically been ahead of the general populace in ginning up wars and inciting war hysteria.
When William Randolph Hearst sent his “journalists” to Cuba, just before the outbreak of the Spanish-American war, he instructed them: “You furnish the pictures. I’ll furnish the war.” Nothing has changed in the interim, except that the government-media partnership has gotten tighter. This marriage was going along swimmingly, until that harlot known as the worldwide web threatened to come between the happy couple.
The Internet blew apart the media monopoly, and destroyed the role of the journalist as semi-official gatekeeper. That’s why our rulers have been so eager to regulate it, tax it, and rein it in – and if they succeed in the case of WikiLeaks, they will have won a decisive victory. In doing all in their power to obstruct and destroy WikiLeaks, and imprison Julian Assange, Washington and its journalistic Praetorian Guard have a much broader goal in mind: neutralize the internet.
Already, legal scholars – some of whom lamely protest that they’re only trying to preserve the First Amendment – are busily constructing arguments to accomplish this task, by coming up with novel arguments, e.g. the concept of “low value” speech, and such statements as “society needs not an absence of ‘chill,’ but an optimal level.” And, yes, our old “friend” Cass Sunstein is in on this one.
Liberals, conservatives, Democrats, and Republicans – all are united on the alleged necessity of reining in the internet. Their motivations may vary, but their goals converge – and freedom’s only defenders are those liberals who remember what true liberalism means, those (few) conservatives who value individual liberty over and above the State, and, of course, all libertarians (with the exception of Michael Moynihan and the editors of Reason magazine).
Liberty, besieged, is hanging by a thread – a very narrow and swiftly unraveling thread that looks just about to give way. The only hope is a grassroots rebellion as the Powers That Be get ready to throw the “kill switch” – or are the American people so domesticated that they have lost the power to resist, or even care? I don’t believe it, I can’t believe it, and surely don’t want to believe it – but time will tell.
Read more by Justin Raimondo
- Antiwar.com vs. the FBI – May 21st, 2013
- Two Cheers for ‘Isolationism’ – May 19th, 2013
- Our Civil Liberties, RIP – May 16th, 2013
- Raping the World – May 14th, 2013
- The Price of Peace – May 12th, 2013





A grateful reader
January 4th, 2011 at 11:23 pm
Justin beat me to the punch by linking to the recent Stanley Fish piece in the New York Times (wherein Cass Sunstein was cited) that seems to be a rather devious attempt to promote a crack down on free speech on the Internet.
Those of you interested in this issue should definitely check out the readers' comments to the Fish article. If you feel uneasy about this gathering campaign against the Internet by our "Court Intellectuals," you may be heartened by the skepticism expressed by the common people, our people, in the comments.
http://community.nytimes.com/comments/opinionator…
Nice work, Justin.
mickperry
January 5th, 2011 at 2:09 am
The Rendon Group giveth and the Rendon Group taketh away? http://www.prwatch.org/prwissues/2001Q4/rendon.ht… There is already a public perception of dangerous individuals being 'brainwashed' after visiting sinister websites, and this will probably be the main argument used in the coming push to censor the internet. People will be reminded yet again that in order to be free, they must give up their liberties, and unfortunately, unless this interferes with their freedom for on-line shopping, few will resist. People's apathy towards everything except their own economic fate is now virtually complete.
GradyWilson
January 5th, 2011 at 3:37 am
While Rothbard is correct that "states are governed by a ruling class that is a minority of the population, and which subsists as a parasitic and exploitative burden upon the rest of society" he (and Raimondo of course) fail to acknowledge the true relationship in the US. The State does not purchase the alliance of a group of “Court Intellectuals”. It is the ruling capitalist class (the parasitic small minority) which purchases Big Media along with Big Gov.
This is the major structural flaw in libertarianism. Their remedy is to weaken the state – which allows the ruling capitalists even more power over it. They end up advancing the cause (capitalist imperialism) they pretend to abhor. Their hatred of democracy and advocacy of no limits on capital are the foundation of the US empire.
When I hear libertarians like Raimondo talk about a grassroots rebellion it sends a chill down my spine. Will these confederate loving libertarian rebels be like the white racists during Katrina who went hunting for blacks? We know how libertarians feel about the poor and minorities. Just who will they be fighting?
bogi666
January 5th, 2011 at 4:56 am
Thanks for your usual well thought out comments. I live next to a NAZI, KKK person in rural Georgia where the NAZI flag is displayed publicly.
John V. Walsh
January 5th, 2011 at 5:17 am
Yours is indeed a cheap brand of Marxism, Mr. Wilson. The Libertarian view of the state and the Marxist view are essentially the same. (The difference lies in the views on economics.) In each case the state is in its essence a servant of the ruling class, and that has been so since the enclosures in England forced the peasants off the land and into the factories. As Marx records, the state was the essential tool in providing the cheap labor for the industrial revolution.
And the state is very dangerous, the only entity capable of the worst crime of all – war.
John V. Walsh
p.s. Quit stereotyping the Right and Libertarians as racists. I just attended a Tea Party event sponsored by the Liberty Protection Association of Massachusets and there was not a racist word uttered – and in fact the crowd was multi-racial. Are some on the Right racist? Yes. Are all. Definitely not.
GradyWilson
January 5th, 2011 at 6:05 am
….. and when the workers/citizens fought the capitalist/state oppression of the industrial revolution is was the libertarian right who sided with state oppression in the name of anti-communism. It is the liberty of the rich and only the rich for whom the libertarian fights. Remember, there is no 'citizenship' for non property owning workers in your sacred founders Constitution.
The state, correctly, sees no "enemy of the state" in libertarians. It is not Lew Rockwell or Justin Raimondo who are in the crosshairs of the FBI goons.
MichaelKenny
January 5th, 2011 at 6:23 am
All very true, but the internet is in fact much easier to manipulate than the manistream media. Undisclosed pseudonyms, false flagging, professional bloggers, undisclosed ownership and financing of sites, authors with no professional reputations to defend, control of webhosts and much more of the same make it very easy to create a wholly false impression of "free" discussion. Example: American right-wing sites will claim that the EU is doomed to collpase because it is a hotbed of socialism. Over at the left-wing sites, they claim that the EU is doomed to collpase because it is a hotbed of capitalism! The bottom line is the same! And there are plenty of similar examples.
jojo
January 5th, 2011 at 7:30 am
Big talkers! Ever tried to send a complaint to the FCC to yank the media license from any media outlet?.
"The Federal Communications Commission (FCC) is an independent United States government agency. The FCC was established by the Communications Act of 1934 and is charged with regulating interstate and international communications by radio, television, wire, satellite and cable. The FCC's jurisdiction covers the 50 states, the District of Columbia, and U.S. possessions." http://www.fcc.gov/commissioners/
I suggest BIG Talkers send a letter to:
FCC Chairman
Julius Genachowski
Hopefully post a replies–for all of us to see :^(
The Cimmerian
January 5th, 2011 at 7:34 am
This is another post-Katrina myth. Whites did not "go hunting for blacks". There was one episode in which white police officers gunned down an innocent black family because they thought they thought they had killed some officer in a case of mistaken identity. But I think the police brutality element played stronger than the race element in this case. And the officers in question were belatedly taken to justice.
AngelaKeaton
January 5th, 2011 at 8:27 am
Grady,
Nice assertion of your white male privilege. The only chill you feel is the contempt from us "poor and minorities."
Peace,
Angela
jconsley
January 5th, 2011 at 8:28 am
So-o-o let the people decide which is reasonable and perhaps true. The more arguments presented both pro and con the more facts will be discussed. The people can perceive what makes sense and what is a specious argument.
Sam Lowry
January 5th, 2011 at 8:38 am
When the federal government coercively garnishes money from your paycheck and uses the money to buy predator drones from General Atomics with which to murder people in Afghanistan, that's not capitalism. When the federal government used the army to steal land to give to the railroads, that wasn't capitalism. When the East India Trading Company was granted a 'royal charter' (i.e. a government-enforced monopoly on foreign trade), that wasn't capitalism.
As for the industrial revolution, the real reason the elites denigrate it is because it was the first time in history that the population of the 'lower classes' wasn't being kept in check by disease and starvation. Not to mention the fact that the political authority of the elites was being challenged by what at the time was called 'liberalism' but what we would now call 'libertarianism'–the peculiar notion that for a law to have any pretense of being just, it must apply to everyone equally.
The elites needed a new lie, and the lie they came up with is this: Government is not a tool of oppression. Government–'progressive' government that is–is the means by which we can establish egalitarianism.
Marx was a liar–one of the best. And more than a hundred million people have been sacrificed in the name of communism.
GradyWilson
January 5th, 2011 at 9:36 am
Why exactly do you claim that I am asserting "white male privilege"?
Am I wrong that libertarians have an overt affection and sympathy for the white supremacist confederacy? Have you read Thomas DiLorenzo or William Anderson just to name a few. Its a fair question to ask just who will be in the libertarians cross hairs when civil unrest does occur.
Am I wrong that the FBI does not raid the offices of self proclaimed "enemies of the state" like Lew Rockwell and Justin Raimondo but they do infiltrate and raid the offices and homes of left wing antiwar groups? Could it be that these so called right wing "enemies of the state" are viewed by the state as the frauds that they are – offering hyperbolic rhetoric with solutions (no limits on capital, de-regulation, anti-democracy) which only maintain and entrench further the ruling elite's grip on power?
Sam Lowry
January 5th, 2011 at 10:01 am
"My paramount object in this struggle is to save the Union, and is not either to save or to destroy slavery. If I could save the Union without freeing any slave I would do it, and if I could save it by freeing all the slaves I would do it; and if I could save it by freeing some and leaving others alone I would also do that." — Abraham Lincoln in a letter to Horace Greeley
As for persecution of the enemies of the state, you might have heard of a guy named Julian Assange.
Joe
January 5th, 2011 at 11:03 am
Let me guess, jojo, you're one of those people who also says, "If you don't vote, you have no right to complain." Seriously, why would anyone bother writing a letter to the FCC, unless they wanted to waste their time? The FCC and other regulatory agencies exist to further the interests of the major media companies. They're not going to revoke, say, NBC's license–they work for NBC.
RickR30
January 5th, 2011 at 11:05 am
And your solution is, what? You are pro-state even though you mention yourself that the state allows more power for ruling capitalists.
RickR30
January 5th, 2011 at 11:12 am
Great article and wonderful quotations from Murray.
The court buffoons are not so much the media as the neo-cons who were purchased and given a livelihood in exchange of their lack of intellect.
But the deeper question was not addressed- why and how did the media become a branch of government? The media wasn't purchased by government and they have the initiative do to things themselves, without government orders. Moreover, we don't have the situation here of countries that suffer under the "XXI Century Socialism", where media gets shut down, and reporters are persecuted if they dare to criticize the government.
So, without threats, and without financial incentive, how did the media become a government entity? That is the key question.
liberranter
January 5th, 2011 at 11:33 am
If I were ever afforded the luxury of wasting time, paper, and postage to send a letter to this useless and counterproductive bureaucracy, it would be only to remind its chaircreature of its unconstitutionality and to beg him to resign his office forthwith and entreat Congress to abolish the commission, also forthwith. A fool's errand, to be sure, but no more so than wasting precious life minutes and resources to write said bureaucracy for any other reason.
RickR30
January 5th, 2011 at 11:39 am
I'm somewhat more pessimistic. I don't think Americans care, and most certainly, Americans have no will nor power to resist. Unless there is money involved an American will not raise a finger- even if the universe is collapsing on them.
What would work is if libertarians with money (Kochtopus, etc.) set up their own media empires. Just as that neocon scum of Murdoch managed to break up the liberal media monopoly, so we need a new Murdoch do destroy the worldwide neocon media empire. Once you have a way to reach and influence Americans, then you can expect change to happen. It's a tried and true method. The Internet alone can't do it. If Americans have to go out of their way to find truth, nothing is going to happen.
Ike Hall
January 5th, 2011 at 11:46 am
You must be new here. There's a slight delay, sure, but such messages do get through, and posted.
Ike Hall
January 5th, 2011 at 12:08 pm
That is indeed the correct question. I would not say, though, that there were no financial incentives. Flip through the ads in any major newspaper. You will see who owns them, and based on the size of the ads, you can get a pretty good idea over time of how much money they are shoveling at the paper. Same goes for television stations, especially the 24-hour cable news channels.
Even apart from advertising, though, It is very easy for defense industry titans to buy a network. Indeed, we are seeing such titans buy networks of networks, with all manner of media outlets, print, TV, and radio. It's reasonable to assume that ownership influences the kind of stories that are published and the kind of stories that aren't. Selection bias is what distinguishes media.
bozh
January 5th, 2011 at 12:34 pm
in view of the fact that the basic structure of all supremastic societies and governance has not changed an iota, we cld assert that thruout history supremacists always employed mouthpieces to speak for them.
from ancient times to, say, just 2 centuries ago, the supremacists comprised solely priestly and 'noble' class of lowlife.
now supremacistic class of people consists of the priestly and 'noble' class; i.e., plutocrats. today's mouths for supremacists are teachers, educators, columnists, editors and owners of media.
and as such, constitute a whole: u.s. governance. no part stands in isolation from any other.
and, in fact, media-schooling may be actually more important structural member of u.s system of rule than even congress.
ok! enough for now! tnx
AngelaKeaton
January 5th, 2011 at 1:21 pm
Don't be disingenuous. Your entire attitude is one of patronization and entitlement. You are the expert on "minorities and poor" or how ever it is you dismiss those of us who clearly exist to make you feel better about yourself.
David Smith
January 5th, 2011 at 4:44 pm
I notice a similar phenomenon at the other official mouth organ, the Washington Post. Some very skeptical comments appear on the websites, but these never seem to get into the print version.
andy
January 5th, 2011 at 7:46 pm
Not always Ike.
emsnews
January 6th, 2011 at 6:19 am
Capitalists treated the working class with complete contempt and terrible conditions, working even small children mercilessly to death and when Karl Marx and other revolutionaries began to actively contest for power, only after very, very bitter and deadly battles did unions force capitalists to pay a living wage and triumphed in many countries from 1930-1980. During this period, the condition of the working classes rose.
Since then, due to FREE TRADE where workers can't fight foreign cheap labor that uses even small children, working them to death, the condition of all workers of all unionized modern nations has declined rather rapidly and today workers across the globe are in great distress with the rich bankers and corporate masters getting better and better and more powerful while wages in all the first world countries are declining and the lower 50% of the populace is seeing their net wealth shrink rapidly.
On top of this, bailing out the international bankers is now costing the lowest classes of people very dearly. To pay for all of this, the rich bankers got tax cuts and the wages and social services and in Ireland, the minimum wage is being reduced! THIS IS INSANE and will lead to a new series of revolutions as workers finally realize that the present 'free trade/fiat money' capitalist system is killing them.
In Japan, the working class surrendered and is literally dying. In 20 years, there will be more people living in isolated poverty than families! That is, 50%+ of the nation will be isolated people living in mostly single room slums! This is insane and shows us what happens when workers stop fighting the capitalists.
emsnews.wordpress.com
musings
January 6th, 2011 at 6:56 am
Have the American people lost all power to resist? Or have they lost all power to control power before they have to do something which will have civil repercussions? Of course one is always distrustful of riots per se. And they do tend to confer greater power to the government. Some riots are as staged as the one in Florida during the 2000 recount, in which the "preppies" turned out to be as bought and paid for and shipped in as the Iraqis pulling down Saddam's statue.
The general public consists of people who have their own interests to pursue, but they can be "caged" during political conventions. They can be cut short on talk radio if they say things which are off-topic. They can be groomed with events to give a predictable response. Individuals are not taken in, but whether they can organize to get something done is another thing.
I personally observed life in communist Hungary from a "private box" if you will. What I say in microcosm was a community in which people did not freely mix with each other out of mutual suspicion and lack of energy. There were few telephones or private automobiles. Visitors had to check in at the local police station, where even the conventionally friendly demeanor of the cop on duty could not disguise the fear in everyone at stepping into the office. Spontaneous skateboarding, dancing, hand-holding and larking about was rare. It wasn't as grime as Stalinist times, but everyone's energy was tamped down. I think of that place every time I am in a TSA line – an American version of Eastern Europe travel, though more intrusive.
Hungary since communism has become a warmer and friendlier place, where people come and go as they can afford to. Someone turned on the lights. It has had problems with infrastructure, such as a brushfire I witnessed at a rail crossing, right next to a Novartis factory closed for a weekend, with a train also coming perilously close to the fire (probably started to burn weeds, but unattended). In my town, the fire trucks would have been called and been there in minutes. So there is a lot of small time nasty stuff waiting to happen, but somehow it doesn't seem to much. Wonder where their reporters are.
Sam Lowry
January 6th, 2011 at 7:19 am
D. H. Lawrence wrote in 1908:
"If I had my way, I would build a lethal chamber as big as the Crystal Palace, with a military band playing softly, and a Cinematograph working brightly; then I'd go out in the black streets and main streets and bring them in, all the sick, the halt, and the maimed, I would lead them gently, and they would smile me a weary thanks' and the band would softly bubble out the 'Hallelujah Chorus'." (James T. Boult (ed.), 'The Letters of D. H. Lawrence, Vol. 1, 1901-13, Cambridge University Press, 1979, p. 81)
Most of what people think they know about the Industrial Revolution is wrong. It was the self-imagined intellectual elite that treated the working class with contempt. It was the relative economic prosperity of the Industrial Revolution that provided the 'working class' with conditions that, while terrible by today's standards, were better than at any other time in human history. The simple fact is there was a population explosion in the industrialized nations, and the less-unionized nations enjoyed better economic prosperity than the more-unionized nations.
As I said, the elites needed a new lie to justify their institutions of privilege. Thus, socialism, communism, and 'progressivism' were born.
As for the recent bailout of the wealthiest people on the planet at our unvolunteered expense, that was only made possible by our coerced-use of Federal Reserve Magic Tokens as money. And it shouldn't need to be said, but fiat money and central banking (the true cause of our economic plight) is not capitalism.
GradyWilson
January 6th, 2011 at 9:20 am
"Your entire attitude is one of patronization and entitlement" – self righteous Angela
You must be mistaking me for Justin.
At least I make sincere political comments in my posts unlike you – who resorts to wholesale ad hominids which make you look small and petulant.
GradyWilson
January 6th, 2011 at 9:25 am
I simply acknowledge the fact that the state is inevitable and do not deceitfully advocate anarchy like Rothbard and Libertarians. Libertarians know anarchy will never happen – meanwhile their remedies (deregulation, privatization, anti-democracy, no limits on capital) advance a weak gov being controlled by a rich ruling elite leading to what we have now – monopoly capitalism or more specifically – fascism.
RickR30
January 6th, 2011 at 12:04 pm
I don't think your characterization of Libertarianism is shared by anyone else. And you're not "simply acknowledging", you usually tend to come out with pretty nasty attacks against Raimondo, this site, Libertarians, etc. Again, what do you propose?
liveload
January 6th, 2011 at 1:26 pm
"Liberty, besieged, is hanging by a thread – a very narrow …"
Justin, I honestly don't think it matters at this point. The USG is going to fail within the decade, if not sooner. They keep printing money, raising the debt ceiling, and pissing it away on frivolities. Currently over $13. Trillion, Geithner said we are about $335 Billion away from hitting the debt ceiling, which he expects us to hit in March. Congress will debate raising the ceiling to 14.3 Trillion this year. These congress creatures are talking about cutting a couple of billion here and there as if it will make a damn bit of difference. It's as if Donald Trump, faced with defaulting on all of his properties and businesses, decides to cut back on his fast food consumption to avoid catastrophe while at the same time raising the limit on all of his credit cards. At some point, the Piper will have to be paid. That will be sooner rather than later. I am reminded of England's Winter of Discontent. At that point you wont have to worry about stupid foreign policy and useless wars…we wont be able to afford a loaf of bread with the money that could today buy an F18.
John Poole
January 6th, 2011 at 2:13 pm
I was annoyed back in '66 just ready to graduate from USC when people talked about the "pen being mightier than the sword"… Why didn't they see that the sword guys could always buy the best pen guys available? Pen guys don't recruit sword guys but sword guys easily get brilliant writers to spin out effective propaganda for them. "Truth" can be purchased, leased, outsourced, shelved very very easily in our money society. It must have something to do with each human's desire to please a larger more powerful entity. The CIA guys want to give the useful "goods" to the ruling elite and we all seem to want to please those who register social clout. Even so called alternative media stars work for the palace. Stewart knows just how far he can go in mocking the ruling elite. He knows few leaders have been chuckled out of power. He is a Bob Hope wanna be and Hope was always there "entertaining" the troops. Stewart entertains the troops who stay home as a well paid jester. He will not exhoret the proles to jump the moat or crank down the drawbridge. He's part of the plutocracy as are all of the well paid mainstream media figures. No type of media including this website can "save" us from following a former empire into ruin.
Guest
January 6th, 2011 at 2:59 pm
Israel Shamir has a new article up about Julian Assange and Wikileaks.
Go to:
groups.yahoo.com/group/shamireaders
emsnews
January 6th, 2011 at 5:38 pm
What is capital? Well, when the Fed makes this magic money, it's value is based on the collective wealth of the nation. To balance things out after QE money making, the money flowing to the workers is reduced via falling wages, less social services, cutting social security, etc. Doing this while giving tax cuts to the bankers is insanity.
As for workers doing well: this isn't because of capitalism, this is due to socialism wrestling wealth from the capitalists. Otherwise, we would all be very poor and guess what? Thanks to the end of communism, the capitalists have killed unions in Western economies and lo and behold, the condition of workers began to decline and now is in steep decline.
Sam Lowry
January 6th, 2011 at 9:51 pm
Capitalism is the use in production of resources made available through deferred consumption. Plant corn instead of making beer, the corn is capital. Fix a hole in the roof instead of playing video games, your time is capital. It has nothing to do with money beyond money's function as a unit of accounting and a facilitator of indirect exchange. Trade and capital investment are the real source of economic prosperity.
As for what the Fed does, it creates money out of nothing. They can create money. You can't. Creating money does not create wealth. It merely directs economic resources toward those who get to spend the freshly-printed money first. Another way money is created: The banks can lend out money they don't have. It's called 'fractional-reserve banking.' If you or I tried it, we'd be immediately thrown in jail. If you want to talk about exploitation, there's no more blatant case of it than this. But people's understanding of economics and history has been so warped and perverted by establishment-foisted nonsense and government non-education, they are even fooled into defending the very institutions of privilege that enrich the elite at their expense.
Government is nothing but a gang of criminals. They are smarter than you. They are so smart, that when they steal from you, they've convinced you that they're doing you a favor.