OffG Recommends…Network

Guest Post by Kit Knightly

Usually the OffG recommends articles* take the form of a review, but Network doesn’t need another review, and nor does it require our endorsement. Firmly ensconced as it is as a classic of both its genre and Western cinema in general.

However, it has reached that point where it exists in the public mind as a kind of meta reference rather than a work. It is a title, a quote, and a distilled meaning more than a film.

Such is the fate of “the classics”, in all fields. They are seen more than they are watched. Everyone has heard of them, nobody listens to them.

To somewhat address this imbalance, this “recommends” takes the form of a sharp focus on one key speech.

No, not that speech. We’re all mad as hell, obviously, but we’re not screaming out the windows today.

Rather, it is a scene later in the film.

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Personal Politics, Public Impeachment, Persuasion and Post-Apocalyptic Planning

By Doug “Uncola” Lynn via TheBurningPlatform.com

One of my primary concerns regarding the forthcoming economic chaos and societal breakdown is that there will be nowhere to run and nowhere to hide. As normalcy bias evaporates like tears on dehydrated sunken cheeks, hungry neighbors and pre-collapse friends and acquaintances will soon assimilate into zombie hoards and come knocking like its Halloween.

What are you going to do? Shoot them?

Regardless, saying “I told you so” or “I tried to warn you, but you didn’t listen” will not be an effective deterrent. Furthermore, the resultant chaos will also deliver local strongmen and gangs ready to thieve and plunder amidst widespread violence and starvation.

In such a scenario, any lone bananas are sure to be skinned.

Are you ready?

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UNDERESTIMATING THEM & OVERESTIMATING US

“Do not underestimate the ‘power of underestimation’. They can’t stop you, if they don’t see you coming.” ― Izey Victoria Odiase

Image result for bernanke, yellen, powell

During the summer of 2008 I was writing articles a few times per week predicting an economic catastrophe and a banking crisis. When the biggest financial crisis since the Great Depression swept across the world, resulting in double digit unemployment, a 50% stock market crash in a matter of months, millions of home foreclosures, and the virtual insolvency of the criminal Wall Street banks, my predictions were vindicated. I was pretty smug and sure the start of this Fourth Turning would follow the path of the last Crisis, with a Greater Depression, economic disaster and war.

In the summer of 2008, the national debt stood at $9.4 trillion, which amounted to 65% of GDP. Total credit market debt peaked at $54 trillion. Consumer debt peaked at $2.7 trillion. Mortgage debt crested at $14.8 trillion. The Federal Reserve balance sheet had been static at or below $900 billion for years.

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America’s Well-Documented Decline Amid Wars in the Air

By Doug “Uncola” Lynn via TheBurningPlatform.com

In 1976, some of the families sharing older ancestral lineages in my hometown were asked to march together in our bicentennial parade.  Although I was at an age where I found it somewhat embarrassing, I did enjoy waving at my friends and schoolmates along the way. Especially the girls.

Although the Saccharine Seventies manifested as a tarnishing patina on the silver platter of Norman Rockwell’s America, much of the shine still remained then in my hometown; even in the years before Ronald Reagan’s repolishing as the table was set again for his 1984 “Morning in America” commercial.

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JEROME POWELL GETS THE MESSAGE

After yesterday’s Federal Reserve Meeting, Jerome Powell completed his one month transformation from an independent hawkish Chairman trying to do what is right for the country to a weak kneed Wall Street lackey doing their bidding, just as Yellen, Bernanke and Greenspan had done before. It appears he was summoned to a dark room about a month ago and given a talking to. Much like this speech.

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THE BOOMER RETIREMENT MEME IS A BIG LIE

As the labor participation rate and employment to population ratio linger near three decade lows, the mouthpieces for the establishment continue to perpetuate the Big Lie this is solely due to the retirement of Boomers. It’s their storyline and they’ll stick to it, no matter what the facts show to be the truth. Even CNBC lackeys, government apparatchiks, and Ivy League educated Keynesian economists should be able to admit that people between the ages of 25 and 54 should be working, unless they are home raising children.

In the year 2000, at the height of the first Federal Reserve induced bubble, there were 120 million Americans between the ages of 25 and 54, with 78 million of them employed full-time. That equated to a 65% full-time employment rate. By the height of the second Federal Reserve induced bubble, there were 80 million full-time employed 25 to 54 year olds out of 126 million, a 63.5% employment rate. The full-time employment rate bottomed at 57% in 2010, and still lingers below 62% as we are at the height of a third Federal Reserve induced bubble.

Chart via econimica

Over the last 16 years the percentage of 25 to 54 full-time employed Americans has fallen from 65% to 62%. I guess people are retiring much younger, if you believe the MSM storyline. Over this same time period the total full-time employment to population ratio has fallen from 53% to 48.8%. The overall labor participation rate peaked in 2000 at 67.1% and stayed steady between 66% and 67% for the next eight years. But this disguised the ongoing decline in the participation rate of men.

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VOTING TO DESTROY THE ESTABLISHMENT

“The inability to predict outliers implies the inability to predict the course of history”
Nassim Nicholas Taleb, The Black Swan: The Impact of the Highly Improbable

“I know that history is going to be dominated by an improbable event, I just don’t know what that event will be.” Nassim Nicholas Taleb, The Black Swan: The Impact of the Highly Improbable

Nassim Taleb is a prickly arrogant SOB who doesn’t give a crap what intellectuals, academics, and other establishment elitists think about him. He has an Ivy league MBA, but despises everything about the curriculum of Ivy League MBA programs. He has a PhD, but scorns academics and their worship of theories and models. He enjoys poking holes in the storylines of the propaganda spewing corporate media. He glories in ridiculing the predictions of captured “experts” mouthing the talking points of whichever corporate interest is paying them blood money.

I read his brilliant Black Swan book back in 2008. It was a difficult read, but there were so many gems of wisdom throughout the book, it was a powerful tome predicting the financial collapse in real time. He wrote it in 2006. He understands the world doesn’t operate the way Ivy League models say it is supposed to operate. The world is propelled by black swans, not a normal distribution of the world. He was right in 2006 and he’s right now. The paragraph below has been making the rounds in the alternate media this past week. The establishment media would never publicize it, as their job is to protect the crumbling social order.

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The World Is a Business, Mr. Beale

This clip from Network sums it all up. The world is a corporate fascist college of corporations, run by bankers & billionaires. Money is our god.

I just got my copy of Tragedy & Hope in the mail. Holy shit. It’s the biggest f@#king book I’ve ever seen. It’s going to take me two years to read it.

 

“Each central bank…sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.”

Carroll Quigley, Tragedy and Hope, p. 278

Via Jesse’s Cafe Americain