Saturday, November 5, 2011

Random Saturday Morning Thoughs

First: Are the restrictions on the policy options of the European Central Bank deliberately designed to prevent it from being able to print money and therefore devalue (however slightly) the financial wealth of Europe's elites? Or is there some threat from the US-Americans and their embattled economy, that Europe is not allowed to devalue the Euro and gain whatever advantages would accrue from a cheaper currency?

I have no idea.

Second: Congratulations the people at Occupy Oakland for their successful and inspiring general strike!

Observation: While I didn't go into conniptions about it (as representing the downfall of Western Civilization), I said at the time that the Black Bloc window-smashing at the Toronto G-20 seemed ritualistic, pointless, and counter-productive. If they weren't provocateurs at the Oakland march smashing windows, I'd still say their actions were stupid. Not necessary. Turns the public against you and for no reason. Shutting down the city was a far more powerful statement than smashing a few windows.

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