'Creative'
Destruction
I attended a speech by a new big bank
CEO. It was ‘highly recommended’ that we
all go. I put on my suit jacket and
headed to the theatrical venue. The
place was almost full. Three executives
talked, two sitting in stage-like leather armchairs. I almost nodded off. Until the new CEO started veering a bit off
the standard fare of praising us and praising the very large profits the bank had
earned this year. The strategy, Piketty
readers, is to get more ‘high net worth individuals’ to sign up with our wealth
management area. The news that the
upper-middle class is getting richer and that HNWI are growing is positively
giddy information for the bank. This is
a ‘growth opportunity.’ So growing class
differences are just grist for some businesses, especially banks.
He said he’d just spent a lot of time in Silicon Valley with tech CEOs. Then the new CEO praised Uber in the context
of ‘creative’ destruction. (Schumpeter’s phrase…) He asked if anyone in town had used Uber and
very few raised their hands, because it has not hit our town yet. Now if you don’t know what Uber is, it is
basically desperate white 20-somethings with a car and a cell-phone who have
become private taxis. No medallions, no driving qualifications, no experience, no
background checks, just cheap service – kind of like Jimmy Johns or Pizza Hut
drivers letting you ride along. OK. Who is getting destroyed? Those stodgy older Latino, black, Somali or
old white drivers – i.e. whatever ethnicity drives cabs in your town – who have
spent a long time getting medallions.
People with families who might be driving for years, not just as a
precariat ‘gig.’ So this is sort of like union-busting,
courtesy of Silicon Valley. The ethnic component is not irrelevant. “Uber = Cheap White Taxi” right now.
Then he finished up by saying we need to
‘digitize’ our wealth management area.
When he realized that word might have different meanings, he quickly
said, ‘getting you the best software so you can serve your clients.” Of course, the other meaning of digitize is
replacing people with software. It was
not lost on anyone.
So who is going to be destroyed? It should really be called ‘unequal
destruction.’
FBI
Virus
As a leftist, I am particularly sensitive
to law-enforcement issues. Cops are not
my favourite people. In a large number
of years, I’ve had what I consider to be only one positive interaction with a
cop. And I’m white! The FBI is the domestic king-pin of this
bunch and anything involving them is bad news.
A few days ago my computer came up with an “FBI” logo that said the FBI
had seized my computer and I would be arrested in 48 hours for various
crimes. Now, common sense tells you the
FBI is not giving anyone 48 hours to do anything. But then again, in the back of your mind, you
are thinking, “Is this some way they are fucking with people?” Political bloggers? Anyone?
So I pulled the plug immediately on my machine, shut down the internet
and powered it up about an hour later.
The computer alone was good, so I ran an anti-malware program. About 5 hours later I came back home to find
out it had found 8 virus files, and I deleted them.
All logical. But any leftist has a bit of paranoia, which
to me is merely a healthy scepticism. This
particular incident happened when I switched from DuckDuckGo back to Google
because of ‘odd’ problems with DuckDuckGo.
DuckDuckGo does not track searches or is included in the NSA database,
while Google is. Which is one reason I
was suspicious.
So I said, what if there is even a 1%
chance that this is real. Maybe they
have started doing things in a different way?
The upshot is that I realized there is no ‘safe’ place to put things or
people at present. There are no ‘safe’
houses. I contacted a criminal attorney
when I finally got to a computer, and then I thought, well, I will check the
internet and see what they say about an FBI virus. Indeed, what showed up was many hits from
software companies showing you how to delete this virus. There are at least 8 FBI viruses, all relating
to different ‘crimes’. When people
phoned the FBI, they laughed and said, ‘Lady, we’d just show up.’ The FBI does not seem to be bothered by
people impersonating them on the internet.
Perhaps they appreciate the increased fear levels that this FBI scam
entails. (It is actually a scam to get
people to send money to pay a fine for the ‘illegal’ activity.)
The surveillance state might not mean
anything to you … until suddenly it does. The FBI is the real virus.
Blow
Back to Iraq
Some commentator on National Government
Radio said the consensus around re-entering the hot war in the Middle East had
reached ‘9/11’ levels. This is typical
NGR war-braying hyperbole, but some surveys showed 58% approval (WaPo,
yesterday) for some kind of action, especially after the beheadings of
independent journalists by the ‘Islamic State.’ (“IS”) However the majority still oppose a ground
war. The war drums from liberals and
conservatives in the U.S.
media and political class have been beating for weeks now. Uniting on Afghanistan
or Libya or Ukraine or Syria
or Gaza is
merely business as usual for the co-imperialist partnership of the Republican
and Democratic parties. This is always
prepatory to some kind of military action.
It is usually predictable that most people will fall into line when both
parties unite … again. Although certainly on the bombing of Syria only a
year ago after the faked gas ‘red line,’ they did not. Obama’s speech last night should bring the
numbers up more.
War is sort of like a football game. You have to get the fans cheering before you
can play well. Of course, the
militarization of sports events in the U.S. is just more cultural
collateral damage.
Obama’s speech last night ignored the prior
support by Qatar and the
Saudi’s for Islamic Sunni fundamentalists in Syria,
and now Iraq. Most of the money flowing into the IS is
coming from Saudi Arabia
– though not, allegedly or clearly, from the government. The IS now controls the oil fields north of Baghdad and south of Damascus. Obama also did not mention that the
hand-picked Shiite government of al-Maliki helped create the temporary Sunni
support of the IS – a puppet government chosen by the U.S., now discarded
overnight. The latest NGR lie is that
Assad is allied with the IS! They allege
that the Syrian army ‘allowed’ IS to control the Syrian oil fields. On the face of this, this is ludicrous, but
Americans will buy almost anything. It smacks of CIA covert propaganda. Nor did Obama mention that people in the Middle
East have been looking at U.S.
atrocities for years.
It is actually possible that the Iraqi
Baathist and tribal Sunnis would turn on the IS at some point. There are already killings between the two
factions, usually by IS at this point. U.S. military
intervention will prevent this situation from occurring by bombing the Sunni
tribal fighters too.
Quoted in Alternet:
Anbar tribal
leader “Suleiman has claimed that ISIS fighters make up only 5-7% of Resistance
fighters in Iraq, and that
the resistance could oust ISIS from regions it
controls. But he has said it will not do so until government forces withdraw
from northern and western Iraq
and a political transition grants civil and political rights denied to the
people of these regions.”
The IS is part of the blowback of the
Syrian and Iraqi sectarian conflicts, which were precipitated by destructive U.S.
involvement and invasion. IS is a brutal
organization of reactionaries – religious fundamentalist, extremely sexist,
anti-working class. Yet their real goal is control of the oilfields by using
archaic Wahabbist / Salafist rhetoric and money. The IS is reported to be
making $2M a day on oil sales. That oil
was reachable through the Iraqi government until now. That is what is really at stake and why the U.S. is
intervening again. Can it form a ‘grand
alliance’ of ‘moderates’ to take back the oil, including Iran and Syria? Good luck on that. At this point, splitting Iraq into 3 countries is about the only real solution. Self-determination so to speak. The insistence on maintaining one state in boundaries marked by the English colonialists is delusional.
Red Frog
September 11, 2014, a day that will live in
infamy for several reasons.
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