Banks and Mayans and Bears Oh My

September 19, 2008


It been a funny old year, first the housing market starts to collapse, then talk of recession, then oil prices start heading into the stratosphere while the dollar falls into a bottomless pit. Bear Stearns collapses, then Fannie and Freddie the largest mortgage providers in the US gets nationalized to prevent collapse, effectively making America the largest council estate in the world. Then Lehman Bros a bank which survived the Great Depression goes under closely followed by AIG which gets nationalized as well, meaning the US government now provides insurance to itself for all the houses it tookover by nationalising the mortgage industry, making it apparent that US now has a de facto policy of taking the bad bits from free market capitalism and state capitalism (aka soviet style communism) and melding them into a new system where the profits are privatized but the losses are socialized.

This activity of course is mirrored across the globe with Northern Rock and HBOS in the UK, and house prices just about everywhere going south while fuel and and food continues to climb skyward (the current downward blip in oil prices is just that a blip).

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2012: Cthulhu’s In The House

August 10, 2007

Cthulhu’s In the HouseYeah baby … Cthulhu’s in the house and he’s gonna devour us all, or at least he will be come 2012, or more specifically the 21st to the 23rd of December 2012. Well it’ll be either him or one of a veritable cornucopia of evil gods or supernatural phenomenon predicted to strut their stuff on that date. You see 2012 is really shaping up to be one hell of a time for apocalypses, dimensional shifts and whatnot. There’s a host of reasons to look forward to 2012, so why not try choosing your favourite from this small selection of predictions: Read the rest of this entry »