Tag Archives: Bernie Madoff

knocking on the cones of silence

How did we get into this mess and is there any way to get out? We seem to be on the precipice of nihilism. A triumph of destruction.The final trashing of sound values and tradition. Everything as a giant ponzi … Continue reading

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can kicking with operation twist : i’m with stupid

An unfolding drama in which the answer to be found may be in not what is said. The Anglo-American financial system as Marcel Marceau mime.How else to explain the world apart, the disjunct between words and action , or lack … Continue reading

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reaction of the little angry men

This piece is quite good; from Wilhelm Reich, it also seems to capture the contradictions in his own character and the manner in which his own life was a tormented combination of forces he did not necessarily understand. After all, … Continue reading

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zombie banking: deposit at your risk

Early on in the financial crisis, economic opinion from the like of Krugman, Stiglitz et al.  warned that the greatest danger of the bailouts was the creation of  zombie banks. Essentially cadavers, near cadavers with a faint pulse in a … Continue reading

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coney island guys and dolls

Lost innocence. A necessary illusion that marks the end of one episode and the beginning in a new journey known as American exceptionalism …once described as “Sodom by the sea.” Coney Island was a sanctioned escape from—and alternative to—everyday reality. … Continue reading

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alienating and liberating

The art of Hollywood, or really the business of Hollywood is to dumb and trivialize any critical currents into marketable product. Absorption and coop-tion skills that dumb everything down into cheap neutral entertainment where meaningful content is parceled into bite-sized … Continue reading

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DANCE NOW PAY LATER: LIQUIDITY TRAP BALLET

The consequences of John Maynard Keynes.He conceived the economic machinery that runs our lives. His brilliant engine, despite overhauls and tune-ups continues to run erratically. Is it the driver or the roads?… Keynes identified the economic importance of  animal spirits. … Continue reading

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ADAM SMITH & PONZI NATION: WEALTH OF RATIONS

Adam Smith published The Wealth of Nations in 1776 – not as a textbook, but as a polemical cannon aimed at governments that were subsidizing and protecting their merchants, their farmers, their manufacturers, against “unfair” competition, at home or from … Continue reading

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HOUSES OF CARDS

”In a series of damaging emails released yesterday, Tourre also compared the products to a “Frankenstein” monster that had “turned against his own inventor”. Other emails that emerged yesterday showed Lloyd Blankfein, Goldman’s chief executive, boasting about the money the bank … Continue reading

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Sculpturing a Running of the Bulls

His previous work has explored a narrative based on the phenomenon of an individual’s loss and anger in modern society. A ruminating melancholy centered around the absurdities of self-existence  such as his solo exhibition in 2006 featuring the series ”Blissful … Continue reading

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