Sage Rebellion
Ralph Murphy
(2/18) The Department of
Commerce’s Bureau of Economic Analysis reported a 2.1%
increase in gross national product or domestic production
of goods and services for 2019. It went on to claim the
GDP had settled at over 21 trillion dollars in a report
that reflected advanced production gains amid finance
options closer to consumers and investors at home. There
was a current account deficit of exports minus imports
plus foreign direct investment balance of about 130
billion dollars that seems linked to speculative fund
outflows but could be healthy investments abroad. The
trade flows to bank sourcing are now better regulated.
While the system works in a recent era of accountable
trade dealing the politics remain dangerously detached and
could present artificial or self serving caps and
redirects to productivity if not better controlled.
limited, and accountable.
I’ve written of it often but have
to repeat the concern with an older New York guild system
that once had underground control authority centered on
their bankers who had grant authority for foreign project
money. It simply floated favored elites at great cost to
potential alternatives which could have produced in
conventional markets for investment earnings. If a nation
feigns relative wealth parity without any viable advanced
export or domestic production facility that’s not
externally controlled with partners as Britain, France or
Italy its safe to say their leaders were in that gift
pattern. They could produce at home more if better focused
on the human and material capital and training
requirements of the presumed output need but again were
bought likely for control of guaranteed earnings.
The issue now is the politics and
players who have weathered the divorce of commercial and
advanced security apparatus from the traditional politics
that were linked to the guild system. It was neutralized
amid what amounted to a failed coup d’etat as uncontrolled
bank transfers would have led to a major depression here
to the domestic economy without repatriation and reverse
legislation as Dodd Frank and other repeals.
To projection what seems to
differentiate that New York guild from the more formal
others to Europe for example, especially German ones which
had existed since the reformation is the bank link here
and lower profile of action. There’s were more formal and
surrender of tax, pricing, export controls simply given.
Social control is less apparent there beyond religion as
they did gain strength with papacy loss. Here the New
Yorkers used better market signals of consumer and
producer demand with the advanced banking system making
equity or value control and transfers of sales returns
linked to the stored capital.
There seemed four pillars of
control here relevant to domestic action that included
corporate or banking, security to force the dictates,
political for legislation links and a relatively new but
advanced role for media to include entertainers who had
effective decision and power authority that eclipsed any
real constitutional understandings. It worked without
advanced program intrusion but recently there was bonding
anomie as the wealth source to corporate players were
taken as given and the programs stalled or started to
collapse with cartel like controls and simple theft
transfers especially to support Far East projects.
The legacy of the bank money restored to more advanced
federal criminal scrutiny rather than just regulators has
helped with the GDP advances. The problem that does
continue is the social politics and merger of
entertainments to relevant media with very similar
interests and objectives but without the guns and money
that did divorce from the partially failed coup. To
digress a bit to theory there’s a political science
philosophy that divides the relevant polity into broad
understandings of their social versus political and
presumed economic orientation roughly combinations of
liberal and conservative views and actions in traditional
understandings.
Ideally the reflected community would have harmony in both
spheres but that is routinely not the case. Very common
are social liberals who maintain conservative economic or
political stands and that seems the case with much of the
current administration. The problem with their dealings
are the functions of government suddenly have to support
their social preoccupation which really does seem their
primary mental interest. There are other combinations that
do affect politics my ideal is conservative social with
conservative politics and it is a core interest but the
community is low key and social link reflects that, though
the output strong.
What is relatively rare but found oddly in orthodox
religious communities is a conservative social coupled
with liberal politics and economics. They’d probably be
more consistently conservative conservative but
flexibility required to meet market changes is rare as
traditional beliefs of culture links are really
intransigent to them. The problem now is the bonding as
that New York control group still has media and political
backing but little equity sourcing as they took the
corporate funding control as simply given and it pulled
out of them in the coup.
There has to be a merger now of the politics that supports
what seem required but limited program shifts to the
federal level in system support to the combined objectives
of stability and growth. If the current politics are
followed that won’t happen as the group lives for “
grandstanding” events that really rattle the host
corporate or civil interests but “make a party”. There has
to be clarity to objectives and rather than follow easy
prescriptions of proven support the political media groups
do side with rattle. The deeper bonding to New York went
myopic pacifist at most any cost as well. Most want to
avoid violence but to simply discount the possibility that
type action or group won’t probe in their unique style is
again unrealistic if precedent serves to that force of
nature. Conventional defense is fairly easy, it just has
to be mentally and systemically budgeted. Offenders
usually know they’re out of line with a spirited attack
and recognize it as too costly with identifiable redress
action.
The issue again is the floating
party politics and their indiscernible entertainment
aspect and player ties as they did weather that bank coup
on a government earning. It’s an educated guess as I’m not
familiar with the program but in recent years there does
seem to have been a supportive split in intelligence that
propped the entertainers and selective corporate leaders
in presumed commercial popularity or strength that
reflected only the groups interests. They had security
backing but very recently that side has gone back to its
basic function I know of countering serious threats. It
includes their compatriots that prop the two pillars of
social endeavor to politics and most media. I know I’m
with the media but side with the money and security as not
really social with them. If you’d met the others you’d see
why. They’re really shallow and costly people.
If that presumed and newish
intelligence group were openly confronted and simple
federal and reflected regional laws were upheld and
enforced it seems the tone change to minority group
controls would probably just collapse. Market forces that
reflect actual consumer interests would better prevail and
the political and varied media projection mature to
reflect the actual social substructure they spoof at
present. False reporting and campaign suggestion of a
limited control authority is too costly and perverts the
lever function of governing authority. The system was long
driving off track.It has been placed soundly on a
predictable rail and can only lose if the social control
continues amid lack of other accords except spending of
resources they didn’t remotely earn.
Read past editions of Ralph Murphy's Common Cents