Submitted by Raul Ilargi Meijer via The Automatic Earth blog,
Dorothea Lange Negro woman carrying shoes home from church Mississippi Delta July 1936
Dumb and Dumber To, the sequel after 20 years, was released recently. Unfortunately for Jim and Jeff and the Farrelly brothers, unintended humor will always be funnier than the scripted kind, no matter how hard Hollywood tries. Case in point: the Dumber slapstick was easily upstaged over the past few days by the G20 summit in Brisbane.
Not only did the pedantic Anglo-Saxon power hungry freak show of Harper, Cameron and Abbott (nobody even noticed Obama) give Vladimir V. Putin a good laugh with their empty chest thumping, entirely spin doctor scripted and entirely aimed at their domestic media and audiences, these so-called leaders also came up with no less than 800(!) measures they claim will boost global economic growth by 2.1%, or $2 trillion. Over 5 years, or some useless and opaque number like that (2018?).
It would seem to be painfully obvious that what the world needs really urgently badly today is not so much economic growth, but growth in the dendrites, synapses and neurons in the heads of both our leaders and of those who put them where they are, ourselves. No use holding your breath. As things are, none of us are any smarter than either Dumb or Dumber.
As Brussels and the leaders of the allegedly healthy economies in the North sacrifice southern Europe on the altar of their megalomania, the G20 does the same with emerging economies and the even poorer rest of the world. The formerly rich part of the world has gotten stuck in its own dreams and faulty models, and the only place left to eke out any semblance of growth is weaker nations. The Roman empire revisited.
If the G20 nations could have ‘grown’ growth at a 2.1% clip with the sort of ease with which their reports were issued this weekend, they would have done so already, all along, long ago. The fact that they haven’t, it doesn’t get any simpler, implies that they can’t this time either. It’s all hot air, and perhaps that’s too positive still, make that tepid.
Still, when the Anglo-Saxon dipshits are together they have the guts to make such claims, just as when they’re together they have the guts to ‘shirtfront’ Putin. Canada’s Harper reportedly shook hands with Putin and told him to get out of Ukraine. Nobody present wanted to quote the reaction he got, but I’m thinking a simple ‘You first’ is a distinct possibility. None of these guys have anything on Putin, and they all know it. So does he.
Meanwhile, their home media have cooked up the Putin is Bad story to such heights that they can’t be seen as doing nothing, even if proof for any of the allegations concerning what Russia is supposed to be guilty of is still sorely lacking. The Anglo-Saxons need enemies to make their stories stick, so the ‘he probably shot down that plane’ line is awfully helpful.
And that dumber-ass approach is the same one they use for their economic, what shall we call it, ‘policies’(?), it’s the exact same thing. It’s the surface that counts, not what’s underneath it. It’s the storyline, not the veracity of it. Who in the west still doubts that Putin is a bad man? Very few. Though he hasn’t done anything for which the west has provided any proof.
It’s a tale in the spirit of Little Red Riding Hood, and just as credible. The 2.1% growth story doesn’t even attain that level of credulity, because it’s made up out of nothing at all. It would sound cute to say that the nonsense that emanated from the G20 summit is unrivaled, but it’s not. These boyos rival their own emptiness at every single occasion they get.
All they do is make sure that their access to the public (our) coffers is used to garner profit for their paymasters, at the cost of the taxpayer (again, us). That’s both their mission and their MO. And we all know that once you’ve been PM or FM and you served your superiors well, your life will be comfortable ever after.
That said, there is no vision, there is nothing. There’s a desire to amass power, and then to hold on to it and serve the bankrupt system, but none of it has anything to do with the people these guys and dolls are supposed to represent. And it can only lead to things like what the London School of Economics claims in a new report:
How The UK Coalition Has Helped The Rich By Hitting The Poor
A landmark study of the coalition’s tax and welfare policies six months before the general election reveals how money has been transferred from the poorest to the better off, apparently refuting the chancellor of the exchequer’s claims that the country has been “all in it together”. According to independent research to be published on Monday and seen by the Observer, George Osborne has been engaged in a significant transfer of income from the least well-off half of the population to the more affluent in the past four years.
That whole growth target is nothing but a way to justify more of what the LSE has noticed. A way to take away more money from the poor, through austerity, and through so-called reform IMF-style, after which the conclusion will be that the policies have failed, but the reality will be that the poor have gotten poorer and the rich have gotten richer. In the eyes of the G20 policy makers that will mean a success, even if it will be 180º different from what their public utterances have been.
We’re not only being fooled all the time and wherever we look, we’re being fooled by a bunch of stupid spin-scripted programmed assclowns. But we are the ones who put them where they are. As long as we hang on to our existing procedures for electing our leaders, only megalomaniac assclowns will float to the surface.
And they will, to a man, use their positions to rob us blind while pretending to have our best interests at mind. It’s what allowing money to enter your political system will always lead to: you can elect only made men. Which leads to Tony Blair, Bill Clinton, Obama, and Jeb Bush or Hillary. What about how this works is not clear?
The OECD even wants to do the G20 one better, they want 4% growth. I’ll tell you one thing: the western world will NEVER have a 4% growth rate again. Or at least not this century. And not before many millions of Europeans and Americans have gone down in hunger and misery.
We Need To Ramp Up Global Growth: OECD
The global economy should be growing at a much faster pace, the chief economist of the Organization for Economic Co-operation and Development (OECD) warned on Sunday, as world leaders agreed on hundreds of measures they hope will boost expansion. “As the emerging markets become a greater share of the global economy, we really ought to be seeing the global economy growing at 4% or more, so the tone is dour,” said OECD Chief Economist Catherine Mann, speaking to CNBC at the G-20 summit in Brisbane over the weekend.
Growth of 4% is well behind the group’s projected global gross domestic product (GDP) of 3.3% for this year. In its latest Economic Outlook, published earlier this month, the OECD warned of “major risks on the horizon” for the world’s economy, such as further market volatility, high levels of debt and a stagnation in the euro zone recovery.
Mann’s comments come as world leaders at the G-20 agreed on measures they said will equate to 2.1% new growth, inject $2 trillion into the world economy and create millions of jobs. The Paris-based OECD has previously outlined a target of adding around 2 percentage points to global GDP by 2018, relative to the 2013 level. [..]
Mann was optimistic that job creation would increase in tandem with global growth, as countries ramped up infrastructure investment. “We know that there’s usually a relationship between growth and jobs. It’s not always a tight relationship. There’s always an issue about the distribution, where the jobs are being created, what sectors, what countries and some of the disconnect there can be,” she said. “Mismatch can be a problem, but I do think we are going to see job creation go hand in hand with global growth.”
Need I say more after reading that? The lunatics are guiding us off the cliff. I know most people feel there’s nothing they can do to change the course their countries and governments have taken, but I also think that perhaps all these people need to realize they don’t have much of a choice anymore. If getting up from your couch for your own sake isn’t enough of a incentive, how about doing it for your kids and grandkids? How about doing it just because it feels right, because silently supporting assclowns while gobbling up cheese doodles in your comfy chair should never have been your thing? Didn’t you once have promise?
via Zero Hedge http://ift.tt/1H9y3v5 Tyler Durden