"O, what a tangled web we weave
when first we practise to deceive!"
Sir Walter Scott, Marmion; A Tale of Flodden Field
"Constantly choosing the lesser of two evils is still choosing evil."
Jerry Garcia
“Extraordinary monetary policy has one function, and it is to amplify yield-seeking speculation when investors are inclined to speculate. This amplified speculation has extended to every corner of the financial markets, from equities, to low-grade debt, to private equity. We can never rule out desperate behavior from people who respond in alarm at even the smallest market correction, and appear frantic to keep a hypervalued bubble in play regardless of longer-term consequences." John Hussman
The Banks must be restrained, and the financial system reformed, with balance restored to the economy, before there can be any sustainable recovery.
"In the Incarnation the whole human race recovers the dignity of the image of God. Thereafter, any attack even on the least of men is an attack on Christ, who took on the form of man, and in his own Person restored the image of God in all. Through our relationship with the Incarnation, we recover our true humanity, and at the same time are delivered from that perverse individualism which is the consequence of sin, and recover our solidarity with all mankind." Dietrich Bonhoeffer
LET US COMMEND OUR PAST TO HIS ABUNDANT FORGIVENESS, AND TRUST OUR FUTURE TO HIS KINDNESS AND TENDER MERCY. LET US PERMIT OURSELVES TO BE FASHIONED ACCORDING TO HIS WILL, NOT FOR HIS SAKE, BUT FOR OURS. REMEMBER TO FEED THE LEAST OF HIS CREATURES, THE BIRDS AND ANIMALS. AND THE HEARTS OF THOSE YOU MEET, WITH A KIND WORD AND A SMILE.
"A credibility trap is when the managerial functions of a society have been sufficiently compromised by corruption so that the leadership cannot reform, or even honestly address, the problems of that system without implicating a broad swath of the powerful, including themselves.
The moneyed interests and their aspirants tolerate the corruption because they have profited from it, and would like to continue to do so. Discipline is maintained by various forms of soft financial rewards and career and social coercion."