Friday, 28 November 2008
"Employer of the year, grandmaster of fear / My blood flows satanical, mechanical, masonical and chemical / habitual ritual "
"I deal in the market, every man, woman and child is a target / A closet full of faceless, nameless pay more for less empitness /I’ll make you scrounge, in my executive lounge / you pay less tax, but I’ll gain more back"
Corporate Cannibal ~ Grace Jones
"Writing in 1930, Keynes was most interested in the process of deflation and in countering the dangerous advice of conventional finance. Orthodoxy put the pound back on gold at a punishingly high rate in 1925, torturing British industry and pushing up unemployment in the name of sound money. Central banks, Keynes feared, were being too timid about bringing down interest rates. Against orthodoxy’s austerity nostrums, Keynes celebrated booms in a manner that would do a Texas populist proud. Shakespeare, said Keynes, died rich, and his days were 'the palmy days of profit — one of the greatest "bull" movements ever known until modern days in the United States…. [B]y far the greater proportion of the world’s greatest writers and artists have flourished in the atmosphere of buoyancy, exhilaration and the freedom from economic cares felt by the governing class, which is engendered by profit inflations' (CW VI, p. 137). The Shakespeares of the era of junk finance have yet to be discovered, unless Bret Easton Ellis qualifies."
Wall Street (1997) by Doug Henwood