Just watched the Big Short which was a tale well told but ultimately depressed me. Very few of the bastard banking kleptos and their kronies have been done. The film centred on things called CDOs – collateralised debt obligations in which dodgy debts are packaged and sold in a giant ponzi-like scam. After the crash governments pumped trillions of dollars, pounds, euros and the rest straight into the kleptos pockets to stop the banks going bust and their kleptonic business has just carried on. The film ends with a note informing us the banks are flogging these cdos again, this time branding them as: “bespoke tranche opportunity”. Time to bet against another crash, who knows where I can buy some credit default swaps? Think I’ll start with a few against the student loan company.
Unction beginning to sell, about bleedin’ time says Kate as way more money has gone out than into our household setting up this little kleptonic exercise. I’m pretty shit at this business lark. Went to a crafty fair in Lymington yesterday and met a woman who’s had the same cancer as me, although hers was more advanced. I was also quizzed more by various people about different skin conditions such as which types of eczema does it work on and where does niaouli (one of the ingredients) come from? I said I thought niaouli was a plant from South Africa. Close; it’s a tree native to New Caledonia, Papua New Guinea and Australia, has also moved to Florida where it’s a serious weed and it’s also known as ‘punk tree’, I like that, will include it in my selling patter, with which I am getting seriously bored. And my throat gets sore.
Irony part 2: eton and co are charitable institutions, just roll that around your addled bonce for a little while.
And thinking of charity aided young folk who then go on to abuse the country the Helen and rob trial in the Archers is happening this week, found myself engrossed in the build up listening to the omnibus yesterday. Isn’t language lovely; one sentence it’s the Archers omnibus, the next the Clapham omnibus upon which the ever abused English commuter is forking out more money to travel on so-called public transport. Even in the centre of yankland ‘free enterprise’, Manhattan, public transport costs are at least half of London. Why even the Staten Island ferry is free! And tell me if I’m wrong, but didn’t all those snake oil salespeople tell us that flogging off public services such as transport would unleash the spirit of competition and drive down prices? Still, we can walk through all those lovely shopping malls before boarding a train and making the likes of beardy ransom even richer.
It was Jean Baudrillard who first came up with the term ‘hyperreality’: “In semiotics and postmodernism, hyperreality is an inability of consciousness to distinguish reality from a simulation of reality, especially in technologically advanced postmodern societies. Hyperreality is seen as a condition in which what is real and what is fiction are seamlessly blended together so that there is no clear distinction between where one ends and the other begins.” and I was much taken with an Umberto Eco (R.I.P) book I read a number of years ago called ‘Travels in Hyperreality’. And we see evidence of it all around us, for example with the Archers it’s the actor who plays rob titchener, Timothy Watson, being abused on social media as well as being booed and hissed at in real life. One could also argue that this is what has happened with the neoliberal lot who’ve sold us this fictional bollocks about ‘private good public bad’. And now I’ve learned of the term ‘confirmation bias’ I see it all around me, now what’s that an example of? Must go, off to catch more bleedin’ pokemons.
And whither condom cameron?
Keep on keeping on, love Duncan.