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View Diary: Creepy: 15 Media Outlets Use Exact Same Phrase (178 comments)

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  •  And part of this is simply because there is (4+ / 0-)
    Recommended by:
    mkor7, Siri, foresterbob, MKinTN

    not enough money and the reason there is not enough money is because money is being sequestered and hoarded by people who are convinced that using money as a lever to control the economy is more important than anything else.

    Money is supposed to be a tool that facilitates trade and exchange.  When money is withheld from certain populations to impede their trade and exchange, that's abuse.  Depriving individuals or nations of access to money is a power play.  

    People to Wall Street: "LET OUR MONEY GO"

    by hannah on Fri Nov 11, 2011 at 03:17:30 AM PST

    [ Parent ]

    •  Money is what, again? Have you run across David (0+ / 0-)

      Graeber's latest, "Debt: The First 5,000 Years"? There's the reason and wisdom of the crowd, the village, behind that seven-word sentence, "Money is the root of all evil." The notion of money, the game, is what lets securoderivatizers get away with counterfeiting on their unimaginable scale. The Chinese bankers, I read somewhere, have added up the notional value of all the deviantderivative transactions floating around waiting to settle to the ground and vampire-squid up another gobbet of real wealth -- they said it's on the order of $14. QUADRILLION DOLLARS, and growing fast. That's a cancer for ya.

      Money is more like Uncle Remus's Tarbaby. Blip! goes the right fist. Blip! goes the left fist. Blip! go both feet, and then the really stupid ones go and head-butt it too...

      And all those people stuck to all those Tarbabies are still willing to chip in to the "bail-INS" (not  -outs, at all)  to "avoid systemic failure." Say what?

      "Is that all there is?" Peggy Lee.

      by jm214 on Fri Nov 11, 2011 at 08:21:47 AM PST

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      •  The effort to use money as a lever of (0+ / 0-)

        social control is doubtless of long standing.  Reading and writing, too, used to be restricted to a select population that was empowered by literacy (and the ability to read and write the laws) to rule everyone else.
        Just as the printing press made access to information universal, paper script makes it possible for everyone to trade and exchange at a distance.  That the people who sustain themselves by rationing out money are resistant to that development is understandable, but unrealistic.
        "The best money is worthless," as Galbraith said, and its value is entirely dependent on the trustworthiness of the people who use it.  Just like the alphabet.

        It is somehow deeply ironic that in turning to paper money and electronic blips, we are adopting the attitude towards money of the native Americans, who used sea shells. And then the colonials used tobacco which, unlike the paper dollar, actually had some intrinsic value when smoked.

        People to Wall Street: "LET OUR MONEY GO"

        by hannah on Fri Nov 11, 2011 at 10:36:44 AM PST

        [ Parent ]

      •  Also, the whole quote is (1+ / 0-)
        Recommended by:

        "the love of money is the root of all evil."  A sensible assertion since the love of money leads to obsessive accumulation and hoarding and undermines its use as a tool in trade and exchange.
        Loving money (greed) is like loving drugs (sloth) or food (gluttony) or women (lust), four of the seven deadly sins. All are manifestations of basic instincts driven to excess.
        Where do pride, envy and wrath fit in? Presumably, they are evidence of excessive self esteem, imitation and frustration.

        People to Wall Street: "LET OUR MONEY GO"

        by hannah on Fri Nov 11, 2011 at 10:43:13 AM PST

        [ Parent ]

        •  'Course, there are good reasons the other formu- (0+ / 0-)

          lation, without the "love of" part, is so widely uttered -- must be some of that crowd wisdom we hear so much about.

          Not that there's a snowball's chance of instituting a spiritually less corrupting replacement for the Almighty Buck/Yuan/Franc/whatever, short of the kind of meltdown that would make barter and exchange back into the only working form of transaction...

          "Is that all there is?" Peggy Lee.

          by jm214 on Fri Nov 11, 2011 at 11:49:58 AM PST

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          •  Blaming an inanimate object (money) (0+ / 0-)

            for human failings is quite typical.  Nevertheless, money is a tool which lubricates trade and exchange and makes it possible to transcend the limitations of time and space.
            Really, blaming money is not very different from "the devil made me do it."  

            People to Wall Street: "LET OUR MONEY GO"

            by hannah on Fri Nov 11, 2011 at 03:01:21 PM PST

            [ Parent ]

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