the ghost of christmas pluperfect

Collectors’ Weekly has a nice reflection on the diaphanous and sparkly things that have fuelled how we frame Christmas time, hitting on how strange it is to think that our shared nostalgia—even having lived in Germany for all these years, a place stepped in its own tradition and exporter (in the Victorian Era—and much later, their glassmaking expertise) of many of the standard customs—for the most part don’t reach back to time immemorial but rather to post-war America and Mid-Century Modern style.
Despite all the fossilised lyrics of carols, in fact, almost all that’s not the reserve of the space-race and the burgeoning atomic age seems to be sourced back to the nineteenth century, and with Christmas’ revival (which quickly became something terrible and consumer-oriented), Victorians sought to keep it something pure and authentic—turning away from machines and mass-production and launching the Arts and Crafts movement. The spectre of materialism was always there but was particularly difficult to stave off after the austere years of all manufacturing going to the war effort and then industry finding itself surfeit with raw materials and excess capacity and beat swords into plow-shares—and tinsel and coffee-makers and vacuum-cleaners. Santa Claus was even accredited as an astronaut (and as a cosmonaut) to be tracked by NORAD. Reaching back even further, the holiday, supplanting Saturnalia, has always had its share of ulterior motives and customs that have the most curious and conflated origins but it’s no reason to humbug Christmas—nor to despair over its meaning and its keeping
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krafttakt or pilot-project

While German websites in China are going blank over a controversial unmasking concerning Chinese tax-havens and there is some hand-wringing over the decision whether to dub as worthy a connoisseur a share of cultural heritage, Germany is aggressively recruiting nursing assistants to try in a small way to compensate for the shortage of care-givers have imported from China and the first five of an expected 150 nurses have arrived in Frankfurt.

These trained and hopefully linguistically and cultural ready individuals have been brought over to mainly assuage the shortage of qualified personnel to care for an aging demographic, in old folks' homes. Nursing professionals are not quite the same as exported au pairs who come without credentials except by recommendation and reputation. At the same time, the body representing care-givers is bemoaning the labour-conditions and wage for the existing workforce, which is hardly an incentive in itself to recruit and retain capable individuals. Of course, in such vocations, mere money and comfort are not what motivate people. I wonder what the broader implications are of not just furthering the tradition of guest-workers but of native aspirations and ambitions that have out-grown such levels of service.

charter or seigniorage

Next week marks the centennial of the creation of the US Federal Reserve System, mandated by the legislature in response to a series of market panics that came in the aftermath of the Great War and given the triple duties of promoting full-employment, stability in prices and affordable loans. It seems to me that these goals—cushions are the very antithesis of what in reality and any victory, I think, comes in spite of the Fed's better intentions. After failing to avert the Great Depression that followed about a decade, precipitating the next world war, after its founding, the institution—which is not a governmental entity but like any other private bank, just enjoying something akin to a royal charter, like the Dutch East-India Company, it was awarded with broader powers and roles, including dictating monetary policy through an elastic supply, being the bank of the US government—where tax revenues are deposited, being an emergency lender of last resort, banking regulation and supervision and a cheque clearing-house.

That first enumerated power (which other central banks do not have unilaterally) is of course most controversial and possibly most counter-productive to its original charge, as there has been a creeping inflation of around 2000% over the past hundred years (with significant stagnation elsewhere) and though the increase has on balance been gradual and inuring, there has been more frequent periods of price spikes. In order to oversee the quantity and quality of money, the Fed acts as the US Treasury's financial agent by distributing physical cash according to its assessed need: mints produce paper money, which the Fed purchases at labour cost (about 6¢ apiece, whether for a one dollar bill or for a hundred dollar bill) and sells to banks at face-value. Coins, on the other hand, which are regarded as dirty and reviled things, the Fed must buy at retail. I suppose that's part of the logic behind the suggestion that the US president could have solved the budget crisis by striking a pair of trillion dollar coins, but there's also a lot less of metal in circulation and an assault against paying in cash. Now on the eve of this anniversary, the Federal Reserve's prerogative to spin gold out of straw, though far from being called into question, may throw a recovering American economy into turmoil with a decision to ease the printing and stop backing-up debt as routine.

schnäppchen or landlord

The German public and municipal leaders have been keenly aware of a shortage of affordable housing for some time now, a problem tackled by motions to outlaw entrepreneurial ventures like offering a spare room to rent or a couch to crash on (as an alternative to traditional hosteling and probably at the bidding of the hotel industry) but really exacerbated by industry-spin, I think, to convince potential investors to buy up blocks of flats and raise the stakes and the competition by appealing to their drive not to miss a prospect. It's something tantalising, like the venerated first time home-owner, to appeal to those with the means to have long crossed that goal and others off their list. The trend, which started with properties in the former East Germany, has continued to spread and in my second-city, I see quite a few rentals managed by consortium. I believe that the relationship between a tenet and his tenement ought to remain something personal, and not something akin to a health management organisation—ones HMO that defines ones health to ones hearth.

Off-shored holdings companies who have monopolised the market, becoming the country's biggest home-owner can indeed sell their tout as being a sound investment, since demand is high and supply getting more and more scarce. I think, however, the prospect is also quite a frothy one as unwilling renters go elsewhere and the business of buying up apartments will become just a nuanced bubble. I suppose housing in an urban area is always affordable, whether prestigious or functional—it's just that the clientele changes, from any given resident to a company far-deferred in a tax-oasis, well-cushioned against malingering factors, like deadbeats or inattentive superintendents or caring about the welfare of their colonies.

hearth and home or town and country

The ever- excellent Bibliodyssey features a review of the 1682 Georgica Curiosa, an encyclopedia of sorts in three volumes that aims to exhaustively educate heirs (the landed gentry) in the art of estate management. The illustrated edition has many practical and responsible tips for promoting community health, sustainable and expert husbandry and agriculture. The work, hailing from a retirement in Regensburg, also extolling dignity for the working-class, began as a pastoral poem and expanded from there.

genossenschaft oder working-class hero

H and I took a weekend trip to the town of Delitzsch, not far from Leipzig, and while it was a very casual, relaxing trip and we even stayed indoors, rather than caravaning (it was a curious feeling to be in a hotel) , and took in some of the sites (the Altstadt was well preserved and dominated in close-quarters, the entire town surrounded by a moat with this high defensive tower and Baroque palace built as a retirement home for dowager-princesses and later used as a women’s correctional facility), there are certain quirks of history that have shaped this region, which are not always apparent by what has been curated.
Though always rich in natural resources, arable land and industrious people, it was not until the Saxon province was ceded to the Prussian empire by a mandate of the Congress of Vienna that administratively recreated Europe after the defeat of the armies of Napoleon.
Production, which formerly had not risen above the levels of cottage-industries, were suddenly objects of interest for Prussian robber-barons (the entrepreneurial geniuses who ended the Chinese monopoly on china through sheer determination and alchemy and the manufacture of textile and the growing of tobacco and sundry became more and more organised. Of course, wage, life-style and handicraft itself became diluted in the process. In response, a generation, some forty years into this new relationship native son Hermann Schultze (nee Schultze-Delitzch) founded many charitable organisations to look after the families who found themselves conscripted into this corporate entity, including hospitals and survivors' pensions—however, his most enduring and helpful establishment was a concept now known as the credit-union, a financial institution by and for its members. Such organic means were invaluable ways for workers to better understand the environment that they had become part of, and I wonder if going forward, similar community institutions by trial and error might prove instructive.

pot to kettle or once bitten

The US Treasury scolded Germany's economic policies and growth model with a barrage of seemingly well-crafted but empty soundbites that smack of some quasi-political, talking-head segment content-generator. The response of the German minister of finance of “incomprehensible” seemed more than apt, as the EU economic powerhouse suddenly found itself elevated above China and Japan as the usual prime targets of America's lecturing, pummeled with flowery-phrases the strongly criticised their apparent reliance on exports rather than concentrate on increasing domestic consumption.
Some how, this shift is supposed to help the rest of the Euro Zone pull out of its malaise, but I believe that Germany already is tapping its surpluses and success—albeit maybe not to the right degree—by helping to finance the burdens many European debtor nations have been saddled with, thanks in part to the tantalising, easy credit of US policies. One could argue that Germany's windfall comes at the expense of partner nations, but it seems to me that the complaint, considering the source—a former exporter that has out-sourced and off-shored most of that talent in favour of trying to oversee trade, that this forum is becoming more of an overture to malingerers (the EU having already been burnt by a flirtation in earnest with collapse and devolution), to adopt dissolute debt, which already shy to such schemes the EU is strongly against. Euros are awarded an effete and scholarly regard, unlike the dollar, and can neither be created nor destroyed by the constituency. Compounded with the unresolved conflicts over espionage and its creative justifications, it seems the US should not venture further.

revolving-door

Reading an insightful article from the New York Times, at the recommendation of the watchdog group Corporate Observatory Europe concerning the metastasising lobbying-culture that America has helped introduced to the European Union and while the trend is most disturbing, I paused to wonder in today's environment where hypocrisies are immediately exposed (and though sometimes buried again right away but the truth will out, always) and only muddied by spin and ideologues whose sophistry is only grounded in commissions if such pressures and duplicity actually still meant anything. Bad behaviour and half-truths once uncovered become rather indefensible, like that other American commodity of surveillance, which has rendered secrecy and respect irrelevant. Does it matter that legislation is bullied or lubricated by influence-peddlers when their roles are subject to more and more public displays and outfitted with corporate logos like NASCAR racers and other niche sports before their audiences?

We all know who the puppet-masters are, even if the free-press is not sacrosanct neither. It is rather telling, however, of the troupes of legal-eagles entrenched in Brussels, making a corridor of lobby groups around the halls of power, have introduced recruitment of former politicians, fresh out of office, to ply their know-how, whereas before this was not a common practise, representatives content to retire or harmlessly play the grey-imminence to younger generations. As voters grow wise to these culture-shift that blurs the distinction between corporate and public interests, I hope that relaxing of standards and changing of priorities become harder to hide from view. Democratic processes and due review cannot simply become something of a show, a formality to be overcome, and hopeful the combined lag of bureaucracy on a super-national level, frustrating as it can be sometimes, can work also to uncover and slow the work of lobbyists.

pollster or keep calm and carry on

One would think given the virtual omnipresence of America's spying-apparatus, some one in the US government—with influence—might have had an inkling at least of how unpopular and damagingly disruptive a government shutdown and the emergency furlough to follow would prove. Enough studious bureaucrats were wringing their hands over it for days, working frantically, mongering rumours and nursing disbelief to gauge public reaction and sentiment. For that matter, one would think that the intelligence agencies would have had some insider-knowledge and could have predicted the stalemate in the legislature and where the cracks are forming in each side's stance and whom will eventually give in. Though non-essential services have been curtailed, time is still of the essence and only after one full day of this new reality, panic and doom is setting in. As for the households directly impacted, dreading a pay-check even docked by a few days' pay that may never materialise because money is tight mostly already spent, the mounting inconveniences that lurk after funding is appropriated with weeks of catch-up, shuttered monuments, parks and museums, and science projects put on hold weren't already reason enough to find a quick resolution—there are attendant consequences.
Among the knock-on worries are the Federal Depositors' Insurance Commission (FDIC) being incapacitated and unable to launch any new investigations should a bank declare bankruptcy, the potential for delays in ship- and airfreight for a nation warehoused with vulnerable, interdependent just-in-time systems or that the federal courts will exhaust remaining funds in ten days or so. A few days more and business and the exchanges will begin to commiserate as well as more and more deadlines are trounced. So much for omnipotence, I guess.

laissez-faire is everywhere

There were several stories in circulation this week, echoing from many corners of the world and many times without deference to this being the fifth anniversary of the collapse of the too-big-to-fail financial house whose downfall placed economics internationally in chaos, that proclaimed real and shadow markets to be fully recovered and no longer in danger of relapse.

Maybe some early optimists took the occasion to express a brighter outlook and the mimics missed the crux of the context and rather not let ancient history complicate an apparent slow-news day or revive unpleasant memories and fueled with the hopes of returning to simpler and more trusting times—an economic nostalgia when the labour situation in Greece had nothing to do with the price of eggs and banks were an insulating factor true to their word that tomorrow could only be bigger and better. Indeed, some the language was reminiscent of the patriotic overtures to just go shopping in the aftermath of the September 11 Attacks to restore the world economy. Never mind about confidences shaken and disintegrated, the disclosure of inflationary and unethical practices, the stark shift away from social good and board and bed lost and increasingly aggressive circling-of-wagons by the banking aristocracy and their court, their sophists—journalism being a big part of that estate, to keep the game going. Dwelling on the negative and preaching doom and gloom is only helpful as a reminder and urging precaution—not that pathological adventurers need inspiration, but I do wonder sometimes who sponsors such spin and de-programming.

redux or fe-fi-furlough II

While I am very happy that the forced vacation of the majority of Defense Department workers ending some the hardships incurred on individuals and families and the discontinuity of work, faced now with the alternative, layoffs and a reduction in force seem even more unpalatable.

As for the rest of the the US government, I am not sure how the posture is affected. Part of me thinks (surely the prophet of doom part) that the department should have let it run its course, since the military is seeming less and less credible in its estimation of consequences—in some eyes right now: the warnings were most dire, grounding fleets and ships and making America vulnerable defensively and offensively, which according to outside perspectives, did not come to pass and the scope of the furlough was steadily revised downward, until all but eliminated through some tricks of accounting. Cuts in pay and hours of work were never the solution and seeing the threat through to prove a point is just as bad as the stubborn political brinksmanship that pushed the budget crisis and the follow-on effects in the first place. A temporary reprieve, however, may prove to be a cost no one can afford later down the line. I am sure real cost-savings were far in the negative range and the balance of sequestration remains. No deal on the budget is forthcoming and relations and realities have not improved. Savings—or at least the show thereof, will have to be excised from elsewhere, and politics, prone to the usual array of interests that can subvert the public-good, surely will prevail and fail.

fe-fi-furlough or a series of tubes

The last time the majority of federal workers in the US were made to take unpaid leave was back in late 1995 when a divided congress withheld funding for environmental, healthcare and social support programs and refused to raise the US government's statutory debt-ceiling, prompting a shutdown of non-essential services. Though the United States has come close to the same situation several times in between and there was never any true deal reached or pledge that rescued or at least deferred budget crises in between, there is certainly an inharmonious legacy to that and future jousting matches.
One tragic charter, article of association that while not enduring in itself, the Contract with America, did set a certain tone of uncompromising loyalty and culling, hollowing out independent institutions. One such bureau that was a casualty of the prevailing attitudes biases of the time was the congressional Office of Technology Assessment, created in 1976 as a non-partisan body to advise the legislature and the public on emergent issues and help politicians build adequate frameworks of regulation to keep apace with innovation and change, free from business lobbies and the jargon of rocket-surgeons.
It was a repository, much like the Library of Congress, to keep knowledge accessible and transparent, and read and research bills before passage—bridging technocracy and democracy. Such institutions and consumer advocacy, inspired by this office, still exist for the parliaments of Europe and other countries to try to gives politics the means to make informed decisions and there is growing reason, evidenced by some willful ignorance, omissions and support for bad science in specious programmes, with assurances from the sectors vying to secure government contracts, like fracking, infatuations with drones and broad surveillance, scuttling the space shuttle, ineffective porno-scanners, the digital rights management cabal, genetic manipulation, and the like, to reinstate an organisation that worked to make science accessible to the public, championed by private experts and some US politicians.

tune-on, turn-in

Last week, the local security apparatchik—well, echo-chamber, redoubled with the various turfs that are the realms of this petty kingdom, the Consulate and the hulking bureau called the Department of Homeland Security did its best to fend off the curious under its protection from the Blockupy rallies being held.
The warning, the issuance read, however, like an open-invitation listing venues and times with a high degree of specificity, even tipping almost towards sympathy for the movement—but still, stay away, move along, nothing to see here. I suppose I was one of those curious ones that the stern warning was intended for—and could rationalize that seeing the spectacle up close was probably another instance of seeking out trouble, since it was not exactly condemned and made Verboten out of hand. The Polizei and the European Central Bank in Frankfurt am Main also in being competently prepared and indulgent of the action that managed to defuse it a bit.

The organizers wanted no violence and the protests were carried out peacefully, without sensationalism that made the public and governments confront some very uncomfortable, impolite truths about the policies of poverty, austerity programmes and corporate welfare, staunch resistance to a clearing-house tax scheme on financial transactions, the spinning of straw into gold that skims money but no wealth out of trade and speculation. The message was delivered and the case pled but whether reforms come out of these rallies is yet to be seen. A little tolerance (which is always a dangerous thing) and some reverse-psychology, I think, coupled with inattentiveness by the press and the show is over make for some deviously powerful opponents.

axis mundi or you got to pick up every stitch

I won’t say that May Day (der Tag der Arbeit) is a subdued affair beyond the land of the Franks by any means (there are quite a lot of protest rallies and demonstrations happening—which I was curious to see but I don’t think I should go looking for trouble today), but I did not appreciate the clear demarcations of customs and traditions and the holiday rather snuck up on me, without the Maypoles (Maibäume) being set up.
It makes some sense, however, jenseits (this side) of the Limes—the limits of the Roman Empire and thus the civilised world, that conquests would have tamped out some heathen celebrations. The follow-on missions of Christianity did not attempt to totally quash but rather integrate and co-opt such behaviour. No one really knows the origin of the beams, temporary totem-poles, regaled and danced around, but some theorise that the tree represents the axis on which the world turns or the cosmological Yggdrasil that connects the nine worlds of Norse mythology. The bit about the ruckus of the night before, Walpurgis, might be a religious conceit, saying that witches gather to dance with their gods or commune with the devil—although it must have always been observed in some manner and with meaning (though now lost) as a cross-quarter day, exactly half a year on towards the harvest festival of Samhain (Halloween). Superstition holds that one will meet a witch on May Day, which old witch and probably why it is a good idea not to go looking for trouble since it knows where to find you.

who moved my cheese?

Doubtless the governments of Cyprus, Portugal and Spain will accept the extra funds and for the latter the extended repayment periods offered coming out of the summit in Dublin, but in a rare moment of clarity—though mostly ignored I think as disingenuous, there was a lament by the recipients that more money is not what the beneficiaries need in this crisis. It is possible to throw good money after bad, but no one is going to turn down generosities, even when they might lead to greater sorrows later. The plaintive alternative requested was instead for more administrative flexibilities in managing the assets they have, reforming leadership, regulation and enforcement with but not around those initial life-lines before being presented with overtures of more—with new terms and conditions.

This preposterous suggestion, dismissed, made me think of this scholarly interview from Der Spiegel’s International desk examining the rise of anti-German sentiment across Europe over the euro and re-packaged austerity. It is a difficult and probing question, but I think, from these latest rounds of renegotiation, the public protests are a reflection in part at least of frustration that little flexibility—the structural might that Germany appears to have and seems to influence the body politic, that’s not accorded to the people equitably. Unfortunately, more credit does not equal a measure of determined reform, despite similarly deferred wishes for greater alignment.

by hades’ handbag

Of all the gifts—pandora—of the gods of mythology, all the humanizing deifications, it strikes me as strange that the only “professional” endowment that has not be stricken from common-parlance is a plutocrat—though, unlike for the aristocracy, probably not a badge proudly proclaimed.

Prometheus who gave mankind the gift of foresight and the patron of the healing arts Asclepius were basically condemned with extreme prejudice for elevating mortals and challenging supremacy and only their names remain as cautionary tales, however, the acquisitiveness of Pluto, or earlier Hades, remains. The connotation is not an infernal one, necessarily, and is connected with buried mineral wealth. The association developed over the centuries, tending towards greed and inequity, combining the god of the Underworld with the attributes of a minor demi-god, son of the Demeter (Ceres) the goddess of the harvest and more broadly cycles of creation and destruction and Iasion (wiled and then also destroyed with extreme prejudice), called Plutus, whose name carries all the root-meanings. His mother saw to it that Plutus was amazingly wealthy but that left no riches for his twin brother, another figure that seems to not have a contemporary cult-following, Philomelus. Without an inheritance, the brother turned to industry and invented the plough, out of necessity. Very impressed, Demeter made him into a constellation, Boötes, the Plowman and a celestial cue for tilling the fields. I think that there are some more admirable qualities to incorporate into our vocabularies.

gentrification or trade-fair, fair-trade

I had the opportunity to pour over, in depth a few city blocks in Leipzig. I would not exactly call it a photo-essay since I didn’t
attempt any interviews to try to further limn the character of the area but I did notice a few fellow casual documentarians also snapping pictures, but the exploration was book-ended between two examples of a sort of decay and renewal with a lot of graffiti in between, and I felt that I did not have the chance beforehand to properly capture some of the beauty I found around me in this place.


I wondered to an abandoned factory yard, expansive along the banks of the river whose influence was far from a typical brownfield, historic and dignified with decoration and as likely to abut a block of well-kept dwellings and parks as another spot of neglect.

 These modern ruins are important reminders, I think, of transformation—and not the same as the Schadenfreude, the leering and the ogling that places, truly abandoned communities like Detroit, are subject to.
Leipzig is yet a centre of trade and industry but with some important changes, which repurposing and reinvention that is sometimes too revealing.  It is sort of like an urban Dream-Time.

Later, on one of the fly-a-ways that crosses the outskirts of the city, we passed over the massive, intact yet redundant, locomotive switch yard and repair station. I want to have the chance to descend down to that stratum as well one of these days.

My wanderings eventually took me to another former industrial site, a textile mill, ein Spinnerei, restored faithfully to the original shell but as luxury apartments.

Many other similar venues have been created in the past few years, and I just hope that people are not convinced that wreck and ruin is only held at bay by inviting in the so-called angel investors and at the expense of character and expression.

I wonder how a neighbourhood, told that it is blighted, responds to such accusations and perhaps unwelcome assistance.

brinksmanship or no quarter

On the surface of things, the evolving situation in Cyprus’ finances does not seem to make complete sense. There was originally a strange sort stoical solidarity as the idea of levying a deposit tax as collateral against the Euro-Group’s line of credit from the island’s government but public outrage and fears of precipitating such seizures ultimately led to the collapse in negotiations. Presently, the Cypriots look poised to renege on the terms of this rescue package, and the EU looks willing to cut its losses, recognizing the grave realities of a marshal-economy. The transformation was quick, from darling of people seeking out a safe berth for the money to anathema, over-exposed—though fundamentally, the shenanigans were no different than what when on in other crisis lands, or for that matter, what is still tolerable, attractive about other safe harbours, like Luxembourg or the Channel Islands.

Further, that stoicism belied a calmness, which was not entirely unheard over the uproar, with the church offering certain securities and pawning pension funds. The Euro-Group rejected these avenues, which seem to be no longer options for the Cypriot administration either, as untenable and just setting up the country for a deferred failure with an unsustainable burden of debt, as well as intervention by the Russians. Though there may be some interest not brought openly to the bargaining-table, Russia seems to be snubbing Cyprus, even with its untapped natural gas reserves, and will let the banking system fail, despite standing to lose a lot of private money and its chief correspondent bank for clearing its transactions with Europe. To be sure, it’s chaotic and the most robust economist probably could not deftly navigate these waters, but things just stopped making sense. It almost seems like warfare-by-proxy, with vested interests in seeing the EU experiment crumble. I suppose too that as the crises initially began to unravel, for example, with the real-estate bubble in Ireland or Spain or the overvaluing of the Swiss franc, could also be shown in the harsh light of conspiracy. Perhaps, hopefully, Cyprus can emerge from this dilemma, bravely and ultimately stronger, like Iceland has done.

ab in beurlaubt

The US executive and legislative branches were unable to reach or fake a compromise, which triggers a count-down, sort of like a Rube Goldberg contraption, towards budgetary sequestration across most of America’s federal programmes, mandatorily paring funding and raising the spectre of furloughs (unpaid absences) for hundreds of thousands of government workers world-wide.

It is wholly excusable, I think, for most of the international public to be aghast at the dysfunction while thinking that a temporary curtailment of the sticky wickets of bureaucracy won’t cause any significant damage. It’s an embarrassing situation and a disservice to populace, to be sure, but I think blame and hyperbolic overtures to the boogeymen of security and the already prevalent attitude (in perception and in fact) regarding faded glory do really overlook the cascading effects of the situation. Though the expected cost-cutting measures, immediately and projected out over the next decade, represent only a tiny, tiny fraction of the larger deficiency, some 85 billion dollars out of an either four, eleven, 15 (or exponentially higher) trillion dollar debt, cutting back work on the proposed scales could mean a twenty percent drop in the purchasing power of the federal work force and those associated with it, not to mention those indirectly affected by delay and errors, all of whom will probably never be fully redressed.
This fifth does is not a chuck out of the whole of the abstract US economy, mostly conjuring money out of the movement of money and pushing paper, but—and perhaps even more urgently, this reduction is a double-decimation, not just in terms of income and employment and delivery, but a realignment, like annexing twenty percent of the America’s smaller communities, absorbing them into larger neighbours with an even more massive yet over-burdened civil institutions. It is like the pettiness and gridlock of the Congress leaking out of the Beltway and set loose on all aspects of the American public.  The wheels of government will continue to turn with skeleton-crews, more work pressed out of staff remaining, rotating singly through the work week with less continuity and more matters overcome in the transition because it will have to. Authorities, in spite or because of the knock-on effects, may realize that adjustments (austerity American-style) can be accommodated and can make do with a scaled back government—or, and probably heralded by flagging spending and all around timidity, essential and uniting services both will become untenable under a reorganization that excised too much stability, functional determination and assuredness, whether or not misplaced, out of communities too quickly.

exchequer

Lashing out again with a stolid critique of how the kindness of governments to business is less than optimal, like a cornered viper—old and tired but still wanting to show it can strike, one of the credit-rating agencies has stripped the UK of its top-shelf status, over ballooning sovereign debts that are edging to three-quarters of national output. I suppose it is on some level responsible to try and check borrowing and incurring more liabilities with such denouncements but relatively, a lot of economies—though not the physical, functional marketplace (should there be one) necessarily, are in the same boat and Aaα may just be the new top credit score.