March 09, 2004

thrift is theft


“ all the wisdom of our statesmen 
will  end in a great transfer
from one class to another 
in creating an enormous fund
for the reward of peculation “
Ravenstone 1824 

“ every age must pay its own way ”
                          tom jefferson 

 “ it's all the confounded
shifting about  
the whole damnible
 card sharper's game 
so full of better luck this hand
the relentless process
of  shuffle redeal
reshuffle redeal
next time my arse
 my bleedin arse 
 they ride we boobs
    pull   
they  eat  we barf
they  smoke we sweat 
what we’ve produced
they take
 and lend it back to us 
cause we don't live plain enough  

" save mates
and borrow not "

as to the something for nothing 
sorry  blokes 
 them seats occupied 
  so keep  shovelin  my dust  ”
   G.B. SHAW “ The Boys From
                                 East Cheap”





----------------------------------------
  CORN VS COIN 



 recall Joseph’s
prophecy
to pharaoh 

 “ Behold , there will come
seven years of great plenty
throughout all the land of Egypt
and there shall arise after them 
seven years of famine
   and all the plenty shall be forgotten
in the land of Egypt 
and the famine shall consume the land 
  and the plenty shall not be known
in the land 
 for the famine
 shall be very grievous ”

all this from a dream
a royal dream but still a dream 
what  insight 

WHAT LUCK 

 
   THEN 
TIME FOR ACTION 

and Joseph the code braker 
not surprisingly 
gets appointed 
 
pharoah :
“ I have set thee
 over
all the land of Egypt ”

good decision 


JOSEPH TAKES CHARGE
and 
NEVER LOOKS BACK 

he  laid up 
“ under the hand of PHARAOH ”
“ in the cities ”
“ the  fifth part”
 of the produce of the land 
( the Jacobeans  call it corn 
really wheat 
corn to brits means main grain
not maze )
and he kep it up for 
“ seven plenteous years ”
 so there’d be 
a store “  against the seven years of famine ”
 his reason 
“  that the land perish not through famine ”

 

WHEN BAD TIMES CAME 
EGYPT HAD 
CORN FOR 
BREAD AND FODDER 

 course
 in the king James version
the people got “ sold ”
their salvation
as did more naturally 
of course
 foreign elements 
including all
the   brothers of Joseph 
the founders of the hebrew tribes 
and from there the story goes on ....

------------------------------

  Joseph
now 
there's an Alger boy 
if there ever was one 

think of it 
this Hebrew slave 
after a few sharp steps 
is running
 the whole deal 
in Egypt land 
and to think
 still 
only thirty years old
and
HANDSOME TOO

HANDSOME 
AS OMAR SHARIFF 
and god knows 
the ladies couldn’t keep 
their hands off him
 I bet
 he must a been    well hung  

he sure would be in 
the king  pinky version

“ and behold she 
 uncovereth a 
 great ....”

in the words
 of Mickey mantle
“ what an executive ”
--------------------------------------
when the great nation
of the Nile 
 called on him 
 he delivered 
 the necessaries 

Pharaoh BUSH 
 eat your fucking 
 HEART OUT 
you got no  Josephs’
not those piss ants 


 the nameless Pharaoh
obviously seized his chance  
 did good and 
 grab a fast buck too 

course he had in himself 
the undivided power 
of the state 


imagine uz votin in a 20%
extraordinary tax in kind 
on our food stuffs 

no we get card sharping 
and  self reliance horse feathers 


-------------------- O -------------------------
famine comes 
egypt has stores 

 STORES 0F  CORN

CORN FOR COIN 


PHAROAH'S 
PROFIT ON SALE 
HARD TO GUESS 
 PRICE INCREASE
DEPENDS ON FAMINE 
HOW WIDE HOW DEEP 

REGARDLESS
MY POINT 

 NO STORAGE  NO CORN 
NO CORN NO GOLD INFLUX
  
OTHER SIDE 
THE GREENSPAN APPROACH 

AND MY  REAL POINT 

 SAVE UP 20%
OF YOUR COINS FOR 7 YEARS 
HAVE 
A PILE OF GOLD COINS 
A MILE HIGH
BUT UNLESS
PHARAOH ‘S 
 STORAGE 
PLAN EXISTS.....

RIGHT 

YOU  CAN’T BUY CORN
 THAT DON’T EXIST 

LESSON 

 NEVER NEVER NEVER
 CONFUSE 

COINS WITH CORN

NEVER CONFUSE
STASHING COINS 
 WITH STORAGE OF CORN  
----------------------------------------

  CORN AND MACHINES 

  it isn’t just corn we can store
it's machines we can build

IF JOSEPH 
takes  some corn 
and instead of storage he puts some putzes 
to work building cisterns
 to trap MORE  water
 THEN IF THE FLOW GOES DOWN STILL ...

get it

cistern = machine 

in general 
take some yokel's corn product 
and feed some machine builders
and now
 we can goose up 
future output


-------------------

------------------------------------
 
CORN NOT COIN 
 FINE BUT THEN THERES 
 COINS NOT  CREDIT 

WE LIVE IN A WORLD
 OF CREDIT MONEY 
NOW 

YOU KNOW THE EXPRESSION 
IN GOD WE TRUST 
EVERYONE ELSE PAY CASH 

WELL THAT’S NOT AS CYNICAL 
AS IT WANTS TO BE 

 STILL REQUIRES TRUSTING
 THE ALMIGHTY DOLLAR

A PIECE OF PAPER 

A FIAT CURRENCY

IN GOD WE TRUST 
EVERYONE ELSE 
PAY BULLION 

NOW 
THAT'S  MORE LIKE IT 

at least gold
and silver
are  intrinsically 
rare and beautiful 
CAN'T SUDDENLY
QUADRUPLE  THE GOLD SUPPLY 
 
dollars could start
 appearing in swarms 
if gubmint
had a mind 
to rain GREEN SHIT 
 on us all 

 just 
create deposits

happens all the time 
to some degree

but lose the handle 
on fun 
LET IT GROW MONSTER BIG 
and the green tide
could get  so plentiful
we’d be payin
 for French fries 
 with SUITCASES FULL 

BE THAT AS IT MAY 

 whether gold or dollars 
  one basic is unchanged

you can’t eat em 

lots a coin and paper
hardly insures 
YOU LIVE TILL THE MORROW  


sure enough 
 one can hold dollars
earned today 
 for later dates
in a dollar  market world 
if i got a dollar 
you owe me 
when and if
 I want something 
whatever a dollar buys by then

this moment you’ve 
held back a power over
the output 
 of   the rest of society 
for another day 
a  future day 

 you got not just 
 credit baby 
better 
you got cash

dollars in hand 
are basically 
non revocable 
 credit
---------------------------------

the real 
consumable economy 

the economy made up of 
 wheat and hogs
silk pants and  ice cream sandwiches

well
that just  goes on going on 

it remains
ever 
 what it  is
 what it is
 what it is 

regardless
of all the dollar transacting 
that may send the power to purchase it 
 circulating around and around
the  market world 
and send the real product itself 
flying  
back and forth
like a pin ball 
 till some hole gobbles it down 
by throwing cash up 

------------------------------------

“ through a glass darkly ”

it's  when the corn for cash exchange goes down 
that the system touches reality
in between the duet of real and power over the real 
move toward and  against each other 
 like reluctant partners

the tangle so involuted 
at times that the  two levels 
get confused
in the mind of men

there  the trouble starts 

there indeed 
what I call famously

“ the kapshow"
      takes command 

there 
the darkness
comes  apon us all 
the great confusion
of the actual
with the potential

there 
 what's really useful
andl
what's merely instrumental 
churn into each other 
creating a most
 hellish  confluenza of folly 

a demon brew up
where real and illusionary 
opportunity  
both flare up at once 
where
real  work yields to guile 
and  ever lurking 
sharpers thrive 
amidst   truck loads
     of boiled fools 
---------------------------------------
(^^^^^^^ = notes) 


^^^^^ 
  as a global unit 
as a one big round thing 
the world of nations 
 don’t actually 
store much real stuff

maybe 3 months worth
on a dollar  weighted basis

in fact 
its even worse 

 what little 
that actually gets  stored 
 is never stored  
where  it counts most

it's an old story

  optimal locations 
to store away stuff
 Joseph style
stuff like 
food water 
and  anti biotics 
doesn’t happen
in the real world 

most stuff's stored 
if at all 
 where it's hardly
needed 

there's no  huge
 U N PROTECTED
network
of food and medicine 
storehouses
throughout
the third world 

no madame 
nothing much is stored 
least of all 
close as possible
to the maximally likely 
 areas
 of want and misery

nope
there be 
 no Joseph program
for  those dark spots 

the right stuff 
 nope   
sorry mates

it's as if
 the fire department 
kept its trucks 
 where they were manufactured
 not spread out 
 near 
 the buildings
the fire department’s
   supposed to protect 


-------------------------------
close out

final 
repeat for retards and boredom 
gluttons 

what ever arrangement
 on the coin level
exists

on the corn level 
when the day arrives 
and the saver decides 
to cash the savings bond
and buy
something to eat 
then on that day 
some actual producer of corn 
will one way or other
have to  be induced
  to forgo at least part 
of his or her 
rightful share
 of the corn crop 

it's that simple 

it's a transfer 

always a transfer

worked out
 some way or other 
however  complex
the mediations of the market 
and credit systems become 

 
it's always some fractional
 reshuffle redeal 
 peter to paul to susan
 to jane to sam to jill 
to dick to fred to becky to ....... Mephistopheles


the market system 
is ever and always
 nothing but a transfer system

NEVER A PRODUCTION system

bang that in

no one's opening 
storehouses to feed the retired

bang it in and 
hold on to it
 because
the plain facts are 
 easily lost sight of
once you step
back  into the
the world
and all the habitual illusions 
swirl back into your mind 
 
the kapshow can be mighty dazzling 

untangling the grim 
particulars of one household 
among many households
or  one nation
among many nations
well that gets 
 very difficult

keep your eye on the pea

try on the three knows

(1)  know what you made 

(2) know what it's worth

(3)  know what you’re taking home 

now do the math

take
the value of( 3)
 from the value of(2) 

the diff  is feedin someone else 
maybe a space alien 
-----------------------------------------
where's this headed ?


well its boomers vs the Xmen 

the wall street weasils are asking you
Xmen to get ready 
to work more 
and 
expect less 

cause you're producing 
 for yourselves your off spring
and uz retiring boomers 
 
you're
 the atlas klass
you're the weight carriers 

well there are facts to face 

 we boomers 
 need to get
  a chunk out of 
what the globe’s
producing 
 right then and there 

so
obviously the big questions
 are 4

1  what is  
the capacity
 of the global production system 
to carry us long loaf boomers  
 
2 what can be
 done to get that capacity higher
so we’ll be less of a burden 
 
3 what can we rip off
the beastly toiling clods 
of  the rest of the world  

4 and last but far form least 
 what  exactly 
are we goin to rip out of 
 you 
XERS  
---------------------------------------------


Posted by pinky at March 9, 2004 05:04 PM
nice nice expose of the whole kapshow miasma and swindle op in the "through a glass" section... we should keep this bit in mind for re-use elsewhere

Posted by: sam at March 9, 2004 05:29 PM

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