Thursday, February 26, 2015

Euro Foie Gras

From Wikipedia: "Foie gras (Listeni/ˌfwɑːˈɡrɑː/French for "fat liver") is a food product made of the liver of a duck or goose that has been specially fattened. By French law,[1] foie gras is defined as the liver of a duck or goose fattened byforce-feeding corn with a feeding tube, a process also known as gavage. In Spain[2] and other countries outside of France it is occasionally produced using natural feeding.[3] Ducks are force-fed twice a day for 12.5 days and geese three times a day for around 17 days. Ducks are typically slaughtered at 100 days and geese at 112 days.[4]"

The contract of adhesion the "Institutions" of the Eurozone are in process of imposing on Greece is nothing less than financial gavage: fiat money conjured by the totalitarian theocracy ECB is force fed to a nominally sovereign state to engorge its liver into the only delicacy in the body of state suitable for consumption by the Eurozone Finance Ministers and like minded "Institutions." The remainder of the carcass will be butchered and sold at market.

The treasury in combination with a central bank is the motivational power center of a sovereign state. It is the place where the decisions of state get boiled down to the pure nutrient of money deployed to the larger body to energize its actions. I have above referred to Greece's treasury as its "liver", the place where nutrient is separated from waste, the one fed on to the body and the other excreted. But to do that I've italicized nominally with regard to sovereign. The States of the Eurozone, while they have treasuries, have abdicated the central bank function to the theocracy in Brussels, making them something less than sovereign: as Mayer Amschel Bauer Rothshild said in 1791, "Allow me to issue and control a nation's currency and I care not who makes its laws."

Beyond this, the nations suffering from the tender gavage of the ECB have another important thing in common. Nominally sovereign and democratic since independence in 1916, Ireland has never shaken the economic yolk of its historical antagonist across the  Struth na Moile. This lack of real control of its economic fate is what joins Ireland with our other three subjects where this reality is a good deal more obvious. Greece, Portugal and Spain were all well within living memory military dictatorships. Military dictatorships quite like hierarchy and serve to preserve a particular elite, an oligarchy, at the expense of the larger societies they actually, not literally, command. In shaking free of this overtly exploitative governmental form, our three remaining subjects all agreed to nominal republican, that is to say loosely, democratic forms of government: they are representative governments until such point as legislation might impinge on the conserved privilege of that elite, at which point power vanishes.

In a healthy State, the "liver" distills political direction from an elected executive. With money as both incentive and constraint, it distributes the peoples' money, for that and nothing else is what fiat money is, both taxing and spending to motivate or inhibit human action along the vectors expressed in executive decision and authorized by an elected body representative of the citizenry. Taxation is the tool by which the healthy liver drains away toxins in the system and spending is the way it promotes health. Our variously corrupted nominal sovereigns have all experienced a marked inability to collect taxes from their old oligarchy allowing a toxic build up. This inevitably increases the malign power of that oligarchy over time. What Syriza ran into at the start of this week was the concerted efforts of the combined oligarchies to maintain their toxic, protected position. Should Greece be allowed to reform, to actually tax its oligarchs, why, no oligarchy anywhere could possibly be safe. The blunt terms imposed on Athens could not make more clear that the force feeding must continue until the goose is ready to slaughter, and slaughter it will be because there is manifestly no way this goose can survive.

The body is to be "privatized" sold off more or less at auction. The liver, however, suspended hydroponically, will continue to be force fed Euros because the delicate stomachs of Northern Europe's banks can't digest anything else. The only food they can still metabolize is the false fat of bailout cash tube fed through the livers of bankrupt and dying nations. Only Euro Foie Gras can sustain the monumental and lethal gluttony of the oligarchy that has seized Rothshild's money power in Europe. If you pull the gavage tubes from these geese, the only way to preserve the oligarchy will be to stuff it with Euros directly from the ECB which would reveal once and for all that fiat is conjured from the trust of society, and that banks no longer actually do anything to deserve it, the trust or the money. Syriza? Podemos? Front National? Who? Someone, somewhere soon must pull the feeding tubes from the ECB's geese and let Western Finance finally purge itself of the NeoLiberal lard that has bloated its body these last thirty five years.