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16 June 2012

In memory of Journalist Carl von Ossietzky


"We cannot look to the conscience of the world when our own conscience is asleep."

Carl von Ossietzky


"Only one who spent the years following the First World War in Germany can fully understand how hard a battle it was that a man like Ossietzky had to fight. He knew that the tradition of his countrymen, bent on violence and war, had not lost its power. He knew how difficult, thankless and dangerous a task it was. to preach sanity and justice to his countrymen who had been hardened by a rough fate and demoralizing influence of a long war.

In their blindness they repaid him in hatred, persecution and slow destruction; to heed him and to act accordingly would have meant their salvation and would have been a true relief for the whole world.

It will be to the eternal fame of the Nobel Foundation that it bestowed its high honor to this humble martyr and that it is resolved to keep alive the memory of his work. It is also wholesome for mankind today, since the fatal illusion against which he fought has not been removed by the outcome of the last war.

The abstention from the solution of human problems by brute force is the task today as it was then.

Albert Einstein, Out of My Later Years, 1956

In memory of Carl von Ossietzky, an investigative journalist and editor of Die Weltbühne who died in hospital in Gestapo custody after being held in various prisons and concentration camps.

He was awarded the Nobel Peace Prize in 1935. The award was controversial because von Ossietzky had been imprisoned for revealing the illegal steps the German government had been taking to rearm militarily.

There are those who believe that no matter what a country may do, it is the duty of its citizens to obey their laws without objection. And there are those who hold the primacy of natural law and private conscience and moral duty to resist evil even when it has been declared by a temporal authority to be legal.



Carl von Ossietzky was born in Hamburg, the son of Carl Ignatius von Ossietzky (1848–1891), a Protestant from Upper Silesia, and Rosalie (née Pratzka), a devout Catholic and Social Democrat. His father worked as a stenographer in the office of a lawyer and senator, but died when Carl was two years old.

During the years of the Weimar Republic (1919 – 1933), his political commentaries gained him a reputation as a fervent supporter of democracy and a pluralistic society. He was convicted in 1931 of revealing state secrets, the illegal German militarization, and served 18 months in prison. He was released in 1932.

Ossietzky continued to be a constant warning voice against militarism and Nazism when, in January 1933, Adolf Hitler was appointed Chancellor and the Nazi dictatorship began. Even then, Ossietzky was one of a very small group of public figures who continued to speak out against the now ruling Nazi Party.

On 28 February 1933, after the Reichstag fire, he was taken by the police and held without trial in 'protective custody' in Spandau prison. Ossietzky underestimated the speed with which the Nazis would go about ridding the country of unwanted political opponents. He was detained afterwards at the concentration camp KZ Esterwegen near Oldenburg, among other camps.

He was visited while in the camp by Swiss historian Carl Jacob Burkhardt, as a representative of the International Red Cross. Burkhardt described Ossietzky as “a deadly pale broken creature, who seemed numb, with one eye swollen over, and his teeth broken.” Ossietzky said,
“Tell my friends that I have come to the end, soon it will be over and that is good. I hear my wife tried to visit me. I only wanted peace.”
Ossietzky's international rise to fame began in 1936 when, already suffering from serious illness that was not being treated, he was awarded the 1935 Nobel Peace Prize after an international campaign of people who hoped to achieve his release through this recognition and honor. Despite intimidation and protests directed against the Norwegian government, the Nazis had been unable to prevent this, but they now refused to release him so that he could travel to Oslo to receive the prize.

In an act of civil disobedience, after Hermann Göring, then Minister of the Interior for Prussia and head of the police, prompted him to decline the prize, Ossietzky issued a note from the hospital saying that he disagreed with the authorities who had stated that by accepting the prize he would cast himself outside the deutsche Volksgemeinschaft (community of German people).
'After much consideration, I have made the decision to accept the Nobel Peace Prize which has fallen to me. I cannot share the view put forward to me by the representatives of the Secret State Police that in doing so I exclude myself from German society. The Nobel Peace Prize is not a sign of an internal political struggle, but of understanding between peoples. As a recipient of the prize, I will do my best to encourage this understanding and as a German I will always bear in mind Germany's justifiable interests in Europe.'
The award divided public opinion, and was generally condemned by conservative forces. The leading conservative Norwegian newspaper Aftenposten argued in an editorial that Ossietzky was a criminal who had attacked his country "with the use of methods that violated the law long before Hitler came into power" and that "lasting peace between peoples and nations can only be achieved by respecting the existing laws".

Ossietzky's Nobel Prize was not allowed to be mentioned in the German press, and a government decree forbade German citizens from accepting future Nobel Prizes.

The Nobel Peace Prize money was sent to Germany where it was stolen by Ossietzky's Nazi 'defense attorney.'

In May 1936 he was sent to the Westend hospital in Berlin-Charlottenburg because of his tuberculosis, but under Gestapo surveillance. He was largely forgotten during the period of favorable international regard for the Third Reich, sparked in part by the massive public relations campaign surrounding the 1936 Berlin Olympics and the German 'economic miracle.'

Ossietzky died in the Nordend hospital in Berlin-Pankow, still in police custody, on 4 May 1938, of tuberculosis and from the after-effects of the abuse he suffered in the concentration camps. In 1938 Time Magazine named Adolf Hitler as their "Man of the Year."

In November of that year, the Reich entered a new phase of their oppression of dissent and undesirables and those to be cast outside the community of the German people, such as the mentally ill, the disabled, Gypsies, homosexuals, socialists, and trade unionists, with Kristallnacht.

In 1991, the University of Oldenburg was renamed Carl von Ossietzky Universität Oldenburg in his honor. This could be seen as a political statement, as Ossietzky's case was being decided upon by the German courts at the time. In 1992 the Federal Court of Justice upheld his 1931 conviction.
“Never forget that everything Hitler did in Germany was legal.”

Martin Luther King

Remember.
"I visited the Esterwegen camp a first time at a re-union of Ossietzky's old friends at the Carl von Ossietzky University in Oldenburg. We all went to the old concentration campsite,  now a memorial park,  and Chancellor Willy Brandt spoke to us and former inmates. Many came from the Netherlands since Dutchmen were imprisoned. Esterwegen and Oldenburg are close to the Dutch border.

We learned then that Esterwegen had no gas chambers because the stench and smoke would have disturbed the Oldenburg citizens. On my second visit to Esterwegen in 1990 I found a small memorial museum on the old camp grounds and the curator told me that most inmates were German and Dutch socialists, communists and intellectuals."

Carl von Ossietzky: The Peace Hero In the Concentration Camp by Kurt Singer


11 April 2019

The Controversial 1935 Nobel Peace Prize For Speaking Truth to Power


"We cannot speak to the conscience of the world when our own conscience is asleep."

Carl von Ossietzky


"Only one who spent the years following the First World War in Germany can fully understand how hard a battle it was that a man like Ossietzky had to fight. He knew that the tradition of his countrymen, bent on violence and war, had not lost its power. He knew how difficult, thankless and dangerous a task it was. to preach sanity and justice to his countrymen who had been hardened by a rough fate and demoralizing influence of a long war.

In their blindness they repaid him in hatred, persecution and slow destruction; to heed him and to act accordingly would have meant their salvation and would have been a true relief for the whole world.

It will be to the eternal fame of the Nobel Foundation that it bestowed its high honor to this humble martyr and that it is resolved to keep alive the memory of his work.

It is also wholesome for mankind today, since the fatal illusion against which he fought has not been removed by the outcome of the last war.

The abstention from the solution of human problems by brute force is the task today as it was then.

Albert Einstein, Out of My Later Years, 1956


"Those who cannot remember the past are condemned to repeat it."

George Santayana


"The German people slumber on in their dull, stupid sleep and encourage these fascist criminals; they give them the opportunity to carry on their destruction; and of course they do so.  Is this a sign that the Germans are brutalized in their simplest human feelings, that no chord within them cries out at the sight of such deeds, that they have sunk into a fatal consciencelessness from which they will never, never awake?"

Sophie Scholl, The White Rose, Second Leaflet, Munich 1942

This time, we will not be silent.

Who will be among those who remember the moral imperative to speak truth to power, and nominate Julian Assange for the Nobel Peace Prize?

In memory of Carl von Ossietzky, an investigative journalist and editor of Die Weltbühne who died in hospital in Gestapo custody after being held in various prisons and concentration camps.

He was awarded the Nobel Peace Prize in 1935. The award was controversial because von Ossietzky had been imprisoned for revealing the illegal steps the German government had been taking to rearm militarily.

There are those who believe that no matter what a country may do, it is the duty of its citizens to obey their laws without objection. And there are those who hold the primacy of natural law and private conscience and moral duty to resist evil even when it has been declared by a temporal authority to be legal.



Carl von Ossietzky was born in Hamburg, the son of Carl Ignatius von Ossietzky (1848–1891), a Protestant from Upper Silesia, and Rosalie (née Pratzka), a devout Catholic and Social Democrat. His father worked as a stenographer in the office of a lawyer and senator, but died when Carl was two years old.

During the years of the Weimar Republic (1919 – 1933), his political commentaries gained him a reputation as a fervent supporter of democracy and a pluralistic society. He was convicted in 1931 of revealing state secrets, the illegal German militarization, and served 18 months in prison. He was released in 1932.

Ossietzky continued to be a constant warning voice against militarism and Nazism when, in January 1933, Adolf Hitler was appointed Chancellor and the Nazi dictatorship began. Even then, Ossietzky was one of a very small group of public figures who continued to speak out against the now ruling Nazi Party.

On 28 February 1933, after the Reichstag fire, he was taken by the police and held without trial in 'protective custody' in Spandau prison. Ossietzky underestimated the speed with which the Nazis would go about ridding the country of unwanted political opponents. He was detained afterwards at the concentration camp KZ Esterwegen near Oldenburg, among other camps.

He was visited while in the camp by Swiss historian Carl Jacob Burkhardt, as a representative of the International Red Cross. Burkhardt described Ossietzky as “a deadly pale broken creature, who seemed numb, with one eye swollen over, and his teeth broken.” Ossietzky said,
“Tell my friends that I have come to the end, soon it will be over and that is good. I hear my wife tried to visit me. I only wanted peace.”
Ossietzky's international rise to fame began in 1936 when, already suffering from serious illness that was not being treated, he was awarded the 1935 Nobel Peace Prize after an international campaign of people who hoped to achieve his release through this recognition and honor. Despite intimidation and protests directed against the Norwegian government, the Nazis had been unable to prevent this, but they now refused to release him so that he could travel to Oslo to receive the prize.

In an act of civil disobedience, after Hermann Göring, then Minister of the Interior for Prussia and head of the police, prompted him to decline the prize, Ossietzky issued a note from the hospital saying that he disagreed with the authorities who had stated that by accepting the prize he would cast himself outside the deutsche Volksgemeinschaft (community of German people).
'After much consideration, I have made the decision to accept the Nobel Peace Prize which has fallen to me. I cannot share the view put forward to me by the representatives of the Secret State Police that in doing so I exclude myself from German society. The Nobel Peace Prize is not a sign of an internal political struggle, but of understanding between peoples. As a recipient of the prize, I will do my best to encourage this understanding and as a German I will always bear in mind Germany's justifiable interests in Europe.'
The award divided public opinion, and was generally condemned by conservative forces. The leading conservative Norwegian newspaper Aftenposten argued in an editorial that Ossietzky was a criminal who had attacked his country "with the use of methods that violated the law long before Hitler came into power" and that "lasting peace between peoples and nations can only be achieved by respecting the existing laws".

Ossietzky's Nobel Prize was not allowed to be mentioned in the German press, and a government decree forbade German citizens from accepting future Nobel Prizes.

The Nobel Peace Prize money was sent to Germany where it was stolen by Ossietzky's Nazi 'defense attorney.'

In May 1936 he was sent to the Westend hospital in Berlin-Charlottenburg because of his tuberculosis, but under Gestapo surveillance. He was largely forgotten during the period of favorable international regard for the Third Reich, sparked in part by the massive public relations campaign surrounding the 1936 Berlin Olympics and the German 'economic miracle.'

Ossietzky died in the Nordend hospital in Berlin-Pankow, still in police custody, on 4 May 1938, of tuberculosis and from the after-effects of the abuse he suffered in the concentration camps. In 1938 Time Magazine named Adolf Hitler as their "Man of the Year."

In November of that year, the Reich entered a new phase of their oppression of dissent and undesirables and those to be cast outside the community of the German people, such as the mentally ill, the disabled, Gypsies, homosexuals, socialists, and trade unionists, with Kristallnacht.

In 1991, the University of Oldenburg was renamed Carl von Ossietzky Universität Oldenburg in his honor. This could be seen as a political statement, as Ossietzky's case was being decided upon by the German courts at the time. In 1992 the Federal Court of Justice shamefully upheld his 1931 conviction. After all, as Marin Luther King once noted, what the Nazis did 'was legal.'

I would like to join those people of conscience from around the world who nominate Julian Assange for the Nobel Peace Prize, for speaking truth to power, and upholding the moral imperative for freedom of the press.

Please make as many copies of this as you can and distribute it.

20 June 2023

Stocks and Precious Metals Charts - Witness to Injustice - True Nihilism

 

"We cannot speak to the conscience of the world when our own conscience is asleep."

Carl von Ossietzky, editor of Die Weltbühne, awarded the Nobel Peace Prize in 1935


"During the years of the Weimar Republic Carl von Ossietzky's political commentaries gained him a reputation as a fervent supporter of democracy and a pluralistic society.  He was convicted in 1931 of revealing state secrets, the illegal German militarization, and served 18 months in prison.  He was released in 1932.

Ossietzky continued to be a constant warning voice against militarism and Nazism when, in January 1933, Adolf Hitler was appointed Chancellor and the Nazi dictatorship began.  Ossietzky was one of a very small group of public figures who continued to speak out against the now ruling Nazi Party.

On 28 February 1933, after the Reichstag fire, he was taken by the police and held without trial in Spandau prison.  He was detained afterwards at the concentration camp KZ Esterwegen near Oldenburg.

He was visited while in the camp by Swiss historian Carl Jacob Burkhardt, as a representative of the International Red Cross.  Burkhardt described Ossietzky as 'a deadly pale broken creature, who seemed numb, with one eye swollen over, and his teeth broken.'

Carl von Ossietzky's international rise to fame began in 1936 when, already suffering from serious illness that was not being treated, he was awarded the 1935 Nobel Peace Prize after an international campaign of people who hoped to achieve his release through this recognition and honor. 

 The award divided public opinion, and was generally condemned by conservative forces.  The leading conservative Norwegian newspaper Aftenposten argued in an editorial that Ossietzky was a criminal.

He was largely forgotten during the period of favorable international regard for the Third Reich, sparked in part by the propaganda campaign for the 1936 Berlin Olympics and the German 'economic miracle.'

Ossietzky died in the Nordend hospital in Berlin-Pankow, still in police custody, on 4 May 1938, of tuberculosis and from the after-effects of the abuse he suffered in the concentration camps.  In 1938 Time Magazine named Adolf Hitler as their 'Man of the Year.'"

Jesse, In memory of Journalist Carl von Ossietzky, 16 June 2012


"Which of the prophets did your ancestors not persecute?  They put to death those who foretold the coming of the righteous one, whose betrayers and murderers you have become."

Acts 7:52


“Every time we witness an injustice and do not act, we train our character to be passive in its presence and thereby eventually lose all ability to defend ourselves and those we love."

Julian Assange, Witnessing


Commodities were slammed today, with oil, gold and silver taking a hard sell-off, purportedly because of a 'disappointment' on Wall Street at the level of Chinese economic stimulus.

Smells like teen spirit.

Stocks themselves were trading weakly despite the much better than expected housing data.

A true opium of the people is the belief that for our betrayals, our greed, our cowardice, our lawlessness, our selfishness, and even murders that we are not going to be judged.

Historically the cup is filling,  and this is when we might see a reversal begin to unfold, call it karma, nemesis, fortune, judgement, or natural consequence as you prefer.

But for now, let's see what the rest of the week brings.

Have a pleasant evening.



20 February 2024

Stocks and Precious Metals Charts - You Who Murder the Prophets and the Innocent

 


"O Jerusalem, Jerusalem, you who murder the prophets and abuse those whom God has sent to you as messengers.  As you have willed it, so your house is now yours to command— but it is made desolate.”

Matthew 23:37-38

"During the years of the Weimar Republic Carl von Ossietzky's political commentaries gained him a reputation as a fervent supporter of democracy and a pluralistic society. He was convicted in 1931 of revealing state secrets, the illegal German militarization, and served 18 months in prison. He was released in 1932. Ossietzky continued to be a constant warning voice against militarism and Nazism when, in January 1933, Adolf Hitler was appointed Chancellor and the Nazi dictatorship began.

On 28 February 1933, after the Reichstag fire, he was taken by the police and held without trial in Spandau prison.  He was detained afterwards at the concentration camp KZ Esterwegen near Oldenburg. He was visited while in the camp by Swiss historian Carl Jacob Burkhardt, as a representative of the International Red Cross.  Burkhardt described Ossietzky as 'a deadly pale broken creature, who seemed numb, with one eye swollen over, and his teeth broken.'"

Jesse, In memory of Journalist Carl von Ossietzky, 16 June 2012

"Tell my friends that I have come to the end.  I hear my wife tried to visit me.  We cannot speak to the conscience of the world when our own conscience is asleep. 

I only wanted peace."

Carl von Ossietzky, German Journalist, winner in absentia of 1935 Nobel Peace Prize, died after a long brutal imprisonment on 4 May 1938

"Only one who spent the years following the First World War in Germany can fully understand how hard a battle it was that a man like Ossietzky had to fight.  He knew that the tradition of his countrymen, bent on violence and war, had not lost its power.  He knew how difficult, thankless and dangerous a task it was. to preach sanity and justice to his countrymen who had been hardened by a rough fate and demoralizing influence of a long war.  In their blindness they repaid him in hatred, persecution and slow destruction; to heed him and to act accordingly would have meant their salvation and would have been a true relief for the whole world.  It will be to the eternal fame of the Nobel Foundation that it bestowed its high honor to this humble martyr and that it is resolved to keep alive the memory of his work."

Albert Einstein, Out of My Later Years, 1956

"A true opium of the people is the belief in nothingness after death, the huge solace, the huge comfort of thinking that for our betrayals, our greed, our cowardice, our murders, we are not going to be judged.”

Czeslaw Milosz, Discreet Charm of Nihilism

Stocks wobbled today.

Gold rallied, as the Dollar fell.

Silver moved lower with equities.

VIX rose.

Earnings may dominate the stock market action, with tech and the miners reporting results this week.

It is hard to believe some of the things that are happening, even if one forecasted them, and anticipated them.  What are we becoming?

The moral cowardice of the West is, once again, our shame.

"But as we laugh we are watched by large and awful faces from beyond, and on these faces there are no smiles.”

Hilaire Belloc

 Have a pleasant evening.


11 November 2022

Stocks and Precious Metals Charts - History Lesson - Faustian Bargains

 

"People of privilege will always risk their complete destruction rather than surrender any material part of their advantage."

John Kenneth Galbraith


"This is the way in which he conceals from you the kind of work to which he is putting you; he promises you illumination, he offers you knowledge, science, philosophy, enlargement of mind.  He scoffs at times gone by; he scoffs at every institution which reveres them.

He shows you how to become as gods.  Then he laughs and jokes with you, and gets intimate with you; he takes your hand, and gets his fingers between yours, and grasps them, and then you are his."

J. H. Newman, The Time of Antichrist


"The Nazi’s crisis is principally a financial one.  The layer in the party interested in theories has always been extraordinarily thin.  The intellectuals already parted company with the party.  The majority of party members consist of the dumbest of the dumb, with the brown-shirts’ cadres held together by cash payments, and not by convictions.  The party’s head office has been spending like there’s no tomorrow, living off the attitude that it would spread itself over the state with its plagues of locusts in the foreseeable future.

The Hitler Party likes to emphasize its uniqueness, and it really should not be measured against conventional yardsticks.  Even if it were to explode into smithereens today, the fact would remain that it recently won fifteen million voters.  It must satisfy not only a particular political need, but also a specifically German emotional condition.  Its brutality, loud-mouthedness and brainlessness have acted not as a deterrent but rather as an attraction, and have generated unconditional and subservient followers. This fact cannot be easily brushed aside.

The great, nativist Führer, who has all the allures and outer appearance of a Gypsy Virtuoso, might have his box-office hit and fade with it.  But the evil and ugly instincts he has called up will not blow away so easily, and will plague the whole of public life in Germany for long years to come.  New political and social systems will replace the old ones, but the after-effects of Hitler will also rise again, and later generations will have to step up for the wrestling match that the German Republic was too cowardly to fight."

Carl von Ossietzky, Winter Fairy Tale, 3 January 1933


Alas, Carl von Ossietzky's estimate of the demise of the National Socialists was overly optimistic, and badly mistaken about the depths of the moral cowardice and opportunism endemic in people of privilege, and the behind the scenes deals being made by politically influential Germans.  

On November 19, 1932 a letter signed by 22 important representatives of industry, finance and agriculture, had asked Hindenburg to appoint Hitler as chancellor.  Hindenburg reluctantly agreed to appoint Hitler as chancellor after the parliamentary elections of July and November 1932 had not resulted in the formation of a majority government.

At the end of the same month that he wrote his Winter Fairy Tale, a new German cabinet was sworn in during a brief ceremony in Hindenburg's office. The NSDAP gained three posts: Hitler was named chancellor.  

Following the February 27, 1933 Reichstag fire, which the NSDAP used to seize power and crush all opposition, Ossietzky was arrested and held in 'protective custody' in Spandau prison.  Ossietzky underestimated the speed with which the Nazis would go about ridding the country of unwanted political opponents.

In 1936, he was awarded the 1935 Nobel Peace Prize but was forbidden from traveling to Norway and accept the prize.  After enduring years of being systematically starved, tortured, and generally maltreated in various Nazi concentration camps, Ossietzky died of tuberculosis in May 1938 in a Berlin prison.

Stocks managed to shake off any concerns that might have remained and rallied into the weekly close.

The VIX fell further as a feeling of 'confidence' returns to the speculation.

The Dollar took another leg lower onto the 106 handle.

Gold and silver moved higher into overhead resistance.

PPI next Tuesday.

"If there are damned souls in Hell, it is because men blind themselves.”

E.A. Bucchianeri, Faust: My Soul Be Damned for the World

Vanity, wealth, and power are the idols and masters of this world. But they have been overthrown through the death and resurrection of the Lord, who took on our nature, so that we might partake in His. He has ransomed us from ourselves, freed us from the tyranny of the world, and raised us up, giving us the choice to serve Him not as slaves, but in freedom.

Serve then whom you will, but know well who you serve. For it is that which you love, and with whom you and yours will abide.

Have a pleasant weekend.



19 October 2023

Stocks and Precious Metals Charts - As It Was, So It Is - The Cruel Tutelage of History

 

"The German people slumber on in their dull, stupid sleep and encourage these fascist criminals; they give them the opportunity to carry on their destruction; and of course they do so. [déjà vu]  Is this a sign that the Germans are brutalized in their simplest human feelings, that no chord within them cries out at the sight of such deeds, that they have sunk into a fatal consciencelessness from which they will never, ever awake?"

Sophie Scholl, The White Rose, Second Leaflet, Munich 1942

"Wonderful providence indeed which is so silent, yet so efficacious, so constant, so unerring.  This is what baffles the power of Satan.  He cannot discern the Hand of God in what goes on; and though he would fain meet it and encounter it, in his mad and blasphemous rebellion against heaven, he cannot find it.  Wonderfully silent, yet resistless the course of God's providence. And if even devils, sagacious as they are, spirits by nature and experienced in evil, cannot detect His hand while He works, how can we hope to see it except by that way which the devils cannot take, by loving faith?"

John Henry Newman, Parochial Sermons 17

"Men rejected what is good, having cherished the nothings of demons and men, instead of the truth."

Athanasius, On the Incarnation

The Hitler Party likes to emphasize its uniqueness, and it really should not be measured against conventional yardsticks. Even if it were to explode into smithereens today, the fact would remain that it recently won fifteen million voters.  Its brutality, loud-mouthedness and brainlessness have acted not as a deterrent but rather as an attraction, and have generated unconditional and subservient followers.  But the evil and ugly instincts he has called up will not blow away so easily, and will plague the whole of public life in Germany for long years to come.  New political and social systems will replace the old ones, but the after-effects of Hitler will also rise again, and later generations will have to step up for the wrestling match that the German Republic was too cowardly to fight."

Carl von Ossietzky, Winter Fairy Tale, 3 January 1933

"Only one who spent the years following the First World War in Germany can fully understand how hard a battle it was that a man like [Carl von] Ossietzky had to fight.   He knew that the tradition of his countrymen, bent on violence and war, had not lost its power.  He knew how difficult, thankless and dangerous a task it was. to preach sanity and justice to his countrymen. [plus ça change]  In their blindness they repaid him in hatred, persecution and slow destruction; to heed him and to act accordingly would have meant their salvation and a true relief for the whole world.  The abstention from the solution of human problems by brute force is the task today as it was then."

Albert Einstein, Out of My Later Years, 1956


We find it easy to judge others, but we almost always fail to see the same flaw in ourselves. 

We shut our eyes and turn away from the truth. And if we are shown it, we react in anger and often violent denial. 

This is how our pride draws us to the abyss. 

But things are so complicated.  What are we to do?  

"The Lord requires you to act justly, and to love kindness and mercy, and to walk humbly with your God."

Micah 6:8
That's what He said, at many times in many ways.

Stocks plunged today, on a combination of factors including more pseudo-hawkish comments from the Fed's Powell, gathering storm clouds over the Mideast, and lousy corporate earnings reports.  Especially from companies with some material connection to reality.

It seems we had a risk off day all in all.

Gold and silver rallied.

The VIX rallied higher again.

The Dollar surprisingly lost ground despite the interest rate hawkishness.

Tomorrow is an option expiration for stocks, although certainly not a major one like the infamous triple witch.   

We might see a two step, as the traders do their technical trading in the morning, and then square up for the potential uncertainties of the exogenous kind over the weekend.
 
As Groucho said,  'I'm not crazy about reality, but it's still the only place to get a decent meal.'

Have a pleasant evening.

 


21 January 2019

Snakes in Suits and Their Enablers - The Love of Most Will Grow Cold


"A confident, aggressive delivery style - often larded with jargon, clichés, and flowery phrases - makes up for the lack of substance and sincerity in their interactions with others ... they are masters of impression management; their insight into the psyche of others combined with a superficial - but convincing - verbal fluency allows them to change their personas skillfully as it suits the situation and their game plan.

They are known for their ability to don many masks, change 'who they are' depending upon the person with whom they are interacting, and make themselves appear likable to their intended victim."

Paul Babiak and Robert Hare, Snakes in Suits


"All my life I have been fighting against the spirit of narrowness and violence, arrogance, intolerance in its absolute, merciless consistency.  I have also worked to overcome this spirit with its evil consequences, such as nationalism in excess, racial persecution, and materialism.  In regards to this, the National Socialists are correct in killing me.  I have striven to make its consequences milder for its victims and to prepare the way for a change. In that, my conscience drove me – and in the end, that is a man's duty."

Helmuth James Graf von Moltke, Lawyer Executed in Plötzensee Prison on 23 January 1945


"Silence in the face of evil is itself evil: God will not hold us guiltless. Not to speak is to speak. Not to act is to act."

Dietrich Bonhoeffer, Minister Executed in Flossenbürg Camp on 9 April 1945


'We cannot hope to affect the conscience of the world when our own conscience is asleep.'

Carl von Ossietzky,  Journalist Died in Berlin-Pankow under Gestapo custody, 4 May 1938


"Only people can be truly ugly, because they have free will to separate themselves from this [creation's] song of praise.  It often seems they will drown out this hymn with cannon thunder, curses, and blasphemy.  But I have realized they will not succeed. And so I want to throw myself on the side of the victor.”

Sophie Scholl, Student Executed in Munich by guillotine, 22 February 1943


"This elite-generated social control maintains the status quo because the status quo benefits and validates those who created and sit atop it. People rise to prominence when they parrot the orthodoxy rather than critically analyze it.  Intellectual regurgitation is prized over independent thought.  Voices of the dispossessed, different, and un(formally)educated are neglected regardless of their morality, import, and validity. Real change in politics or society cannot occur under the orthodoxy because if it did, it would threaten the legitimacy of the professional class and all of the systems that helped them achieve their status."

Kristine Mattis, The Cult of the Professional Class


"What is more disturbing to our peace of mind than the unconditional loyalty of members of totalitarian movements, and the popular support of totalitarian regimes, is the unquestionable attraction these movements exert on the elite, and not only on the mob elements in society. It would be rash indeed to discount, because of artistic vagaries or scholarly naivete, the terrifying roster of distinguished men whom totalitarianism can count among its sympathizers, fellow-travelers, and inscribed party members.

Politically speaking, tribal nationalism always insists that its own people is surrounded by 'a world of enemies,' 'one against all,' that a fundamental difference exists between this people and all others. It claims its people to be unique, individual, incompatible with all others, and denies theoretically the very possibility of a common mankind lonjg before it is used to destroy the humanity, of man."

Hannah Arendt, Origins of Totalitarianism


"Mounting a campaign against plutocracy makes as much sense to the typical Washington liberal as would circulating a petition against gravity.  What our modernized liberal leaders offer is not confrontation but a kind of therapy for those flattened by the free-market hurricane: they counsel us to accept the inevitability of the situation."

Thomas Frank, Rendezvous With Oblivion


“There is a lack of critical assessment of the past.  But you have to understand that the current ruling elite is actually the old ruling elite.  So they are incapable of a self-critical approach to the past.”

Ryszard Kapuściński, Writing About Suffering


“Every time we witness an injustice and do not act, we train our character to be passive in its presence and thereby eventually lose all ability to defend ourselves and those we love.  In a modern economy it is impossible to seal oneself off from injustice. If we have brains or courage, then we are blessed and called on not to frit these qualities away, standing agape at the ideas of others, winning pissing contests, improving the efficiencies of the neocorporate state, or immersing ourselves in obscuranta, but rather to prove the vigor of our talents against the strongest opponents of love we can find."

Julian Assange, Witnessing

The Nazis did not come to power on the backs of their brutish stormtroopers alone. No, their rise to power was with the active participation of the educated and professional classes: the lawyers, doctors, financiers, teachers, and businessmen, who sought to use that abusive power for their own benefits and careers, and were then consumed in the madness that followed.

The devotion to pride, and the love of self, provokes at first the pettest of actions, and then anger, and self-deceiving lies, and sickly sweet opiate of self-righteous outrage in our society.   It provides an esacape from thought, from the grey areas, from the obligations of conscience, and from the fear of being human.

So the harsh words and narrow judgements of the worldly and those driven mad by worldly desire are to be expected for those who do not participate in their narrative.

But it is the falling off the faithful, and the petty slights and silent betrayals of friends, that stings the conscious hearts most deeply.

One sees this and ask themselves, 'Lord, who then can stand?'   But what they are really asking is, Lord, how long can I remain standing?'


In the faithful there is a love of love itself, still smoldering in their hearts, and its effects on their life and on their actions are unmistakable.

Even though sorely tempted, they remain apart from the anger and the madness, and abide with thei light that calls them.

The night approaches, and it is almost time to come home.  So we must allow ourselves to become lost in the dark.