jubilee or augean stables

Setting a bad example is sometimes just a pedantic argument. Negative encouragement, I think, is probably not worse than market-contagion.

Wouldn’t it have been easier, foregoing a lot of pantomime and drama, and less costly in terms of make-believe wealth and real livelihoods to have simply forgiven Greek sovereign-debt plus given the country some seed-money to start over and written the expense off as sunk-costs? To force out any member of the Euro Zone against their will is counter to the spirit of integration that the EU represents, but also is the insistence on inclusion, when it comes with too high a tribute, with a list of impossible sacrifices and challenges that read in short-form like the Twelve Labours of Hercules. Just as Greece (and now the outgoing French government, who are sure to be in good company) have been accused of underestimating their financial standing and potential severity of the problems, rankling turmoil could have been staunched and discounted by now, instead of dragging out the whole affair. Integration also means the acceptance of common-losses, and though the solution, after the can has been kicked down the road for quite a piece and the problems have swelled, will be universally disliked, they can still be absorbed by the economy of the union. Lenders and debtors conspired to exacerbate these conditions until they came undeniably into our range of vision. Off-putting the developing urgency of some markets makes for an unflattering reflection of our own delay-tactics and the messy regrets over not quashing a trend while it was still emergent and manageable.

serfdom or golden thread

The purported tax-avoidance scheme of one internet entrepreneur has once again set the brain-trust of the United States of America into over-drive and grand-standing with a retaliatory plan to glean taxes from individuals who choose expatriation. Already the US is a soured thug in terms of tax treaties, demanding its cut from citizens worldwide, regardless of their place of residence and regardless of whether the targeted income was earned with the help from the homeland, made travel a distasteful affair beyond even beyond its borders, place the burden of reporting on foreign banks so as to make them wary about dealing with Americans abroad.

The proposed law would seek to repatriate tax revenues, impose withholdings and an exit-fee—in addition to barring these individuals from returning to the States. Plenty to do at the Hotel California. I am sure that this bill, should it come to pass and much worse is being done, will not affect cosmopolitan billionaires (the timing of this whole casus belli seems pretty tacky but it is unclear whether the media or the government is rightly understanding the motives and no individual ought to have to defend his or her reasons, especially political ones, for making such a choice), those brazenly berthing their fortunes off-shore or corporations that hide behind a string of nationalities, but for the average citizen, it demands that he or she would face undue hardships should they choose to immigrate. America’s bastions are not only uninviting to immigration, the gate-guards are saying that one cannot leave either. It sounds suspiciously like the policies of Soviet Russia whose restrictions on movement presented many with the difficult decision to remain or flee forever. Despite the reactionary nature of this proposal, I wonder if there was ever much difference between the two super-powers—especially within the self-styled framework of a monopolar world.

type case or alphabet city

Artist Hong Seon Jang has constructed several breath-taking model urban skylines from salvaged letterpress dies. More of this vintage typography turned topology can also be found featured on the estimable Colossal, an art and design blog boasting an array of fresh and interesting discoveries. These industrial dreamscapes remind me of the metropolis of the sci-fi film-noir classic, Dark City (DE/EN).

kitchenware revolution

While much of the world’s attention was focused on the hopeful inauguration of Barack Obama in the United States, many missed the culminating moments of the protests in Iceland against the recklessness and corruption of their former government, clanging pots and pans and marching on the Alþingi by the thousands.

The Icelandic people had already accepted enough deprivation in witnessing a significant percentage of the national treasure evaporate and many of their young people, without prospects for their futures, migrate to other countries, but were unwilling to suffer further austerity over private debts with public money. Though an investigative commission found wrong-doing and fraud on the part of borrowers and lenders and in government oversight was inchoate in the bulk of transactions and several plebiscites rejected repayment, the governments of Britain and the Netherlands (the major blowhards behind Iceland’s economic bubble) are threatening to take the country to the EU court over failure to make good on these loans. This movement of 2009, which previsions if not fathers others, is a template for the international Occupy rallies and demonstrates that people are not at the mercy of banking thugs. Iceland is still recovering but its reputation and demeanor does not seem diminished, nor its prospects for success, and real change is being affected by the infusion of ordinary members of the public—independent and with no political affiliations—into public policy and the parliament. The reversal of political orientation and the need to prevent the same financial backsliding drafted all citizens to revise their constitution. In light of current events and the amnesia of novelty and panic, we should look to Iceland’s stand.

farmageddon, pharmageddon

Just because there is the gloomy, heavy drapery of bankers’ crises and the pummeling occasion of planters’ style democracy obscuring the next assault that’s waiting in the wings, we would be faithfully remiss to lose sight of what could come. Bread—or cake—is of course the honey-pot, the next investment opportunity aggressively peddled, of bread and circuses, and I believe it is not so kooky or implausible to imagine that the present chaos is apt disguise for a handful of companies that are merging farms and pharmaceuticals to make local governments fold and adopt measures that have become prevalent elsewhere.

Despite some damage done to the repute of the environmental movement, many places have not faltered on agricultural and ecological policies, opposing genetically modified crops, most immature subsidies and expedient practices, like turning wholly to raising corn for ethanol or abandoning time-tested methods like crop-rotation. An unnatural experimental harvest could certainly (with the promise of money) supplant native legacy. I fear, with decreasing chances to profit on human gullibility, the focus could turn more to human suffering (hunger-management, erosion, deforestation), edging out local and sustainable operations that have knitted together the countryside with demands not easily refused or maintained, fields infiltrated with habit-forming, patented yields. Such invasive creations come from the same laboratories that have made certain invented disorders a cause-celeb and conveniently manufacture the medicines to treat such ailments, creating dependency with an army of co-conspirators.