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bucolic_frolic

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Member since: Fri Feb 18, 2011, 08:22 PM
Number of posts: 17,645

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"When people tell you who they are, believe them the first time."

Oh, the tales I could tell.

But I'll settle for writing that quote down so I remember it.

And ... international capitalists financed and supplied Hitler to make money. Nazi Germany was viewed as a good investment. This was not known after the war very much. Governments wanted to hush things up for obvious reasons. In the 1960s it leaked into a few books. Then more in the 1980s. Now it's readily available. Didn't we supply Hitler with leaded fuel? Trucks? Tires for awhile?

As US and Soviet armies converged on Berlin, both countries wanted German technology, scientists, engineering. We enlsited former Nazi organization members as spy networks for the Cold War. They were the remaining levers of surveillance in the country. NASA's space program? Lots of German rocket scientists there.

I find books about the period fascinating. "Churchill's Ministry of Ungentlemanly Warfare". Nigel Hamilton's trilogy of FDR at war. Jean Edward Smith and Robert Dallek, same subject.
Posted by bucolic_frolic | Fri May 22, 2020, 10:29 AM (0 replies)

I learn more off well-selected YouTube and Open Culture than I did in most college courses

There's a part of me that says, democracy is when the last 3% who pay no attention to the public good, are swayed by big money and decide elections, so you have the dumbest steering the ship.

College is where the ignorant congregate to learn something which wasn't learned by the teachers who would be out doing something important if they had learned something. And if they do know anything, they don't want to tell you because they're afraid you might steal it and make something more of it than they ever could. Oh, and keep paying them, just like you pay doctors and mechanics for their knowledge every time you need something.

Elite schools are for snobbery and little else.

So you want anti-intellectualism, there it is. If you go to college, try to learn something in spite of it. Find a guru who is quietly successful in life and seek guidance, because the self-made know far more than those who operate the system. They know to excel, deliver alpha as investors would say, you need to understand the system and find a niche to exploit. That is very hard these days with so many mediiocre degrees walking around. 1950s to 1980s, degrees were an advantage. Now they're just a driver's license.
Posted by bucolic_frolic | Fri May 22, 2020, 08:03 AM (0 replies)

The Largest Financial Event Of Our Lifetime Is Upon Us - Raoul Pal of Real Vision

The Largest Financial Event Of Our Lifetime Is Upon Us - Raoul Pal of Real Vision

Fantastic interview from Australia with Raoul Pal of Real Vision, who aims to displace mainstream financial journalism.

The US is squeezed. Russia and OPEC undercutting our shale producers creating potential bankruptcies at a time all our corporate balance sheets are overleveraged.

Coronavirus gave them opportunity to do so, as Trump fumbled testing.

So we now have an economy where debt implodes as supply and demand are driven toward zero by the pandemic.

Lots of discussion of demographics, retirement bubbles, housing market, the millennial debt generation, central bank options.

Depression if COVID-19 resurfaces next winter and unravels the pension system.

I tend to ignore the crypto discussion at the end.

Beware there are British-Australian terms unknown to the US. Such as people have never known debt since they were in "nappers". I think it's a term for diapers.

But it's a really great interview.

Posted by bucolic_frolic | Thu Mar 12, 2020, 07:34 PM (0 replies)

Why wait for GOP to save us? Just post everywhere

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Posted by bucolic_frolic | Tue Oct 8, 2019, 04:10 PM (1 replies)

$0 Commissions are here!

Schwab, TDAmeritrade, and now eTrade

Brokers make so much money countertrading your trades they no longer need to charge commissions. Most people just grind up their accounts anyway.
Posted by bucolic_frolic | Thu Oct 3, 2019, 02:59 PM (0 replies)

Trump rejects globalism but seeks foreign help to win elections

It doesn't get much more hypocritical than that.

And few are mentioning it. In fact, it's a buried interpretation.
Posted by bucolic_frolic | Wed Sep 25, 2019, 10:58 AM (2 replies)

To paint with a broad brush and define our moment

Every power grab in history has ended in an abrupt change in government. It's what historians are missing. It's not just the revolutions and the wars, it's minor skirmishes too. The European Revolutions of 1848, democratic revolts in Italy, Bourbon depositions, Glorious Revolution of 1688, Solidarity, Depressions. Concentration of power squeezes the people. Our Founders thought they had divided power permanently, fractured it temporally, geographically, institutionally, politically with division of legislative, judicial, executive power, time counts, elections, parallel judicial hierarchies, internal mechanisms for revision. But still they came for the power. Our system is everything it was designed to be, but it depended on wise patriots large and small, and an informed citizenry. They didn't realize the extent to which the populace would swallow lies fed them by elites determined to grab the power. Or the extent of concentrated economic power that could be used to exploit and plunder.

This is it. It's all on the table. Hunker down, talk it up with your fellow citizens if any are undecided. Ask the MAGAtzis what they plan to do when power is concentrated against them, in elected offices, in courts, in enforcement, and against their rights. Ask them. That is the question to which the MAGAtzis are blinded. They think nothing is bad as long as they can vent their hatred against their perceived enemy, the dreaded Liberals. Do they like freedom of worship? Stable currency? Independent movement? Ask them. Ask every one of them. Because it's all on the table in 2020.
Posted by bucolic_frolic | Mon Sep 16, 2019, 01:22 PM (2 replies)

Here is the link, the finest 14 minutes you can spend this week

Beto articulated a cogent, comprehensive critique of all that Trump is, all that Republicans stand for, from
guns to anti-science, to the dismantling of democracy. This one will make the history books.

https://www.msnbc.com/morning-joe/watch/o-rourke-el-paso-made-safer-stronger-because-of-immigrants-65324101823
Posted by bucolic_frolic | Mon Aug 5, 2019, 09:07 PM (1 replies)

My question remains ......

WHO is behind the decades long movement to put Trump in office and create this nightmare?

Sorry, I don't think it's Putin, or necessarily Russia or the KGB.

Rumblings of the themes behind his actions have been heard for decades. Inequality between American per capita income, for example, and Russian and Third World incomes. America exporting pollution and not absorbing the pollution they create as another example. And as early as 1972, articles in political journals suggesting that the Soviet Union and America would ultimately to some extent merge their political systems, we becoming more like them, they adopting our methods.

And post-Election 2000, when Bush v. Gore was looming, I heard a radio clip of a European politician crowing the uncertainty. "So much for your vaunted American democracy!" or something close to that.

Every power that ever existed in the world wants to regain power. Donald Trump did not plan this. He's an opportunist at best, lurching to the front of what is essentially an ultra-Libertarian bus. But DJT had no expectation that he could run and win. Now if you go back to the years of Sarah Palin seeing Russia from her house, the lens becomes a little clearer.

I have no answers for the questions posed here. Just perplexity and suspicion.
Posted by bucolic_frolic | Tue Jul 2, 2019, 08:48 AM (1 replies)

The alarm bell sounded on July 27, 2016: "Russia, if you're listening ...."

The fear and anger they generated at HRC kept us occupied defending her instead of attacking Trump's agenda.
Posted by bucolic_frolic | Sun Jul 22, 2018, 01:04 PM (0 replies)
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