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	Comments on: Newsflash! &#8211; Economists continue to be &#8216;surprised&#8217;.	</title>
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	<description>Author of THE DEBT GENERATION</description>
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		<title>
		By: mikehall		</title>
		<link>https://www.golemxiv.co.uk/2011/05/newsflash-economists-continue-to-be-surprised/#comment-3925</link>

		<dc:creator><![CDATA[mikehall]]></dc:creator>
		<pubDate>Thu, 26 May 2011 15:14:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/05/newsflash-economists-continue-to-be-surprised/#comment-3925</guid>

					<description><![CDATA[@ Jamie&lt;br /&gt;&lt;br /&gt;Yeah, hasn&#039;t he just!&lt;br /&gt;&lt;br /&gt;I&#039;ve been viewing, for some time, recent history &#038; it&#039;s likely trajectory over the next decades as a major &#039;evolutionary&#039; crossroads for humanity.&lt;br /&gt;&lt;br /&gt;It really doesn&#039;t matter whether one overlays some notion of a God (intelligent &#039;creator&#039;), super-evolved aliens or whatever...or nothing at all. Any of those are possible, but none is essential.&lt;br /&gt;&lt;br /&gt;Humans clearly have the opportunity to use properly (&#038; a great deal more!) our higher brain functions to both modify our behaviour appropriately and solve the resource sustainability problem.&lt;br /&gt;&lt;br /&gt;There are two possible paths.&lt;br /&gt;&lt;br /&gt;In one we must relinquish violence of any kind &#038; build a world that ensures everyone gets a fair opportunity to grow &#038; fulfill themselves. This one still recognises our evolutionary past but fully opens the way to fulfill our higher cortex&#039;s true capability.&lt;br /&gt;&lt;br /&gt;The other path is one where we deny our higher brain functions, descend into &#039;lizard brain stem&#039;&#039;survival&#039; violence &#038; destroy both billions of ourselves &#038; much of the planet. The Trauma of which will make physical &#038; psychological survival a &#039;hell&#039; on Earth anyway for hundreds of years or longer.&lt;br /&gt;&lt;br /&gt;I believe there will be no middle options, it&#039;s up to us, individually &#038; collectively to become sufficiently aware, self aware &#038; co-operative.]]></description>
			<content:encoded><![CDATA[<p>@ Jamie</p>
<p>Yeah, hasn&#39;t he just!</p>
<p>I&#39;ve been viewing, for some time, recent history &amp; it&#39;s likely trajectory over the next decades as a major &#39;evolutionary&#39; crossroads for humanity.</p>
<p>It really doesn&#39;t matter whether one overlays some notion of a God (intelligent &#39;creator&#39;), super-evolved aliens or whatever&#8230;or nothing at all. Any of those are possible, but none is essential.</p>
<p>Humans clearly have the opportunity to use properly (&amp; a great deal more!) our higher brain functions to both modify our behaviour appropriately and solve the resource sustainability problem.</p>
<p>There are two possible paths.</p>
<p>In one we must relinquish violence of any kind &amp; build a world that ensures everyone gets a fair opportunity to grow &amp; fulfill themselves. This one still recognises our evolutionary past but fully opens the way to fulfill our higher cortex&#39;s true capability.</p>
<p>The other path is one where we deny our higher brain functions, descend into &#39;lizard brain stem&#39;&#39;survival&#39; violence &amp; destroy both billions of ourselves &amp; much of the planet. The Trauma of which will make physical &amp; psychological survival a &#39;hell&#39; on Earth anyway for hundreds of years or longer.</p>
<p>I believe there will be no middle options, it&#39;s up to us, individually &amp; collectively to become sufficiently aware, self aware &amp; co-operative.</p>
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		<title>
		By: JamieGriffiths		</title>
		<link>https://www.golemxiv.co.uk/2011/05/newsflash-economists-continue-to-be-surprised/#comment-3922</link>

		<dc:creator><![CDATA[JamieGriffiths]]></dc:creator>
		<pubDate>Wed, 25 May 2011 19:31:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/05/newsflash-economists-continue-to-be-surprised/#comment-3922</guid>

					<description><![CDATA[Holy cultural anhedonia, Batman!&lt;br /&gt;&lt;br /&gt;That is one &lt;a href=&quot;http://feasta.org/documents/fleeing_vesuvius/?p=84&quot; rel=&quot;nofollow&quot;&gt;great essay&lt;/a&gt;. Thanks for the link, &lt;b&gt;mikehall&lt;/b&gt;.&lt;br /&gt;&lt;br /&gt;I&#039;ve been reading Desmond Morris&#039;s &#039;The Naked Ape&#039; recently and had been wondering how evolutionary biology could shed some light on our predicament. I think Nate Hagens has pretty much nailed it there.]]></description>
			<content:encoded><![CDATA[<p>Holy cultural anhedonia, Batman!</p>
<p>That is one <a href="http://feasta.org/documents/fleeing_vesuvius/?p=84" rel="nofollow">great essay</a>. Thanks for the link, <b>mikehall</b>.</p>
<p>I&#39;ve been reading Desmond Morris&#39;s &#39;The Naked Ape&#39; recently and had been wondering how evolutionary biology could shed some light on our predicament. I think Nate Hagens has pretty much nailed it there.</p>
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		<title>
		By: wirplit		</title>
		<link>https://www.golemxiv.co.uk/2011/05/newsflash-economists-continue-to-be-surprised/#comment-3871</link>

		<dc:creator><![CDATA[wirplit]]></dc:creator>
		<pubDate>Sun, 22 May 2011 09:50:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/05/newsflash-economists-continue-to-be-surprised/#comment-3871</guid>

					<description><![CDATA[We start looking at the economics and end up staring Armageddon in the face. Has anyone read Jack Londons extraordinary novel &#034;The Iron Heel&#034; ?&lt;br /&gt;&lt;br /&gt;Its about Capitalism as he saw it in the nineteenth century and I remember at age 15 it chilled me to the bone. Well the reality seems to be progressing fast. It would seem that the true troubles are only just beginning, Southern Europe is drifting away from the the north, that America&#039;s great Black Hope is a sham and certainly no FDR , the rich are managing to entirely shift the burden to the poor and rewrite the story to boot, that the financial elite have learned nothing but more arrogance... the latest bit of the Narrative...is that only private companies create Wealth.... this is pushed again and again on the media and never questioned. Economic Newspeak reigns and as this totally false idea is rammed in to the public consciousness&lt;br /&gt;&lt;br /&gt;The hope as always is in the people themselves seeing through this Mierda so Viva Los Indignados!&lt;br /&gt;The Bread is rising.]]></description>
			<content:encoded><![CDATA[<p>We start looking at the economics and end up staring Armageddon in the face. Has anyone read Jack Londons extraordinary novel &quot;The Iron Heel&quot; ?</p>
<p>Its about Capitalism as he saw it in the nineteenth century and I remember at age 15 it chilled me to the bone. Well the reality seems to be progressing fast. It would seem that the true troubles are only just beginning, Southern Europe is drifting away from the the north, that America&#39;s great Black Hope is a sham and certainly no FDR , the rich are managing to entirely shift the burden to the poor and rewrite the story to boot, that the financial elite have learned nothing but more arrogance&#8230; the latest bit of the Narrative&#8230;is that only private companies create Wealth&#8230;. this is pushed again and again on the media and never questioned. Economic Newspeak reigns and as this totally false idea is rammed in to the public consciousness</p>
<p>The hope as always is in the people themselves seeing through this Mierda so Viva Los Indignados!<br />The Bread is rising.</p>
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		<title>
		By: mikehall		</title>
		<link>https://www.golemxiv.co.uk/2011/05/newsflash-economists-continue-to-be-surprised/#comment-3860</link>

		<dc:creator><![CDATA[mikehall]]></dc:creator>
		<pubDate>Fri, 20 May 2011 23:05:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/05/newsflash-economists-continue-to-be-surprised/#comment-3860</guid>

					<description><![CDATA[Hi again all :)&lt;br /&gt;&lt;br /&gt;I&#039;m not sure where to put this, but I urge you all to visit the link I&#039;m giving, read and inwardly digest...&lt;br /&gt;&lt;br /&gt;I think all of you will love this piece I&#039;ve just read by Nate Hagens:&lt;br /&gt;&lt;br /&gt;&#034;The psychological roots of resource overconsumption&#034;&lt;br /&gt;&lt;br /&gt;http://feasta.org/documents/fleeing_vesuvius/?p=84&lt;br /&gt;&lt;br /&gt;I suspect that many of us here, if not conciously &#038; actively searching for it, are greatly interested in discovering &#038; understanding that which most comprehensively +frames+ the +problem+ - that which, rather like the holy grail of a &#039;Unified&#039; theory (of everything!) in theoretical physics, shows the ultimate source from whence +all+ true, coherent &#038; encompassing solutions may be confidently derived. &lt;br /&gt;&lt;br /&gt;The +problem+ I refer to of course is the impending demise of Humanity (&#038; much of Life on Earth along with it), and it&#039;s long, brutally messy &#038; painful path we are now, as a species firmly embarked on. Whose various symptoms, early warnings &#038; breakdowns have been discussed or intimated in the pages of these blogs &#038; accompanying comments. &lt;br /&gt;&lt;br /&gt;The piece gets to the very heart of the neuro-psychology of modern Humans &#038; relates this with precision to our predicament - whether that pertains to the &#039;financial crisis&#039;, &#039;ecological crisis&#039;, &#039;democratic crisis&#039; or any other you care to name.&lt;br /&gt;&lt;br /&gt;My brain&#039;s &#039;unexpected reward&#039; &#039;dopaminergic&#039; system has just maxed out! :-P&lt;br /&gt;&lt;br /&gt;That last sentence you will fully understand when you&#039;ve read Nate&#039;s essay ;)&lt;br /&gt;&lt;br /&gt;Enjoy!]]></description>
			<content:encoded><![CDATA[<p>Hi again all 🙂</p>
<p>I&#39;m not sure where to put this, but I urge you all to visit the link I&#39;m giving, read and inwardly digest&#8230;</p>
<p>I think all of you will love this piece I&#39;ve just read by Nate Hagens:</p>
<p>&quot;The psychological roots of resource overconsumption&quot;</p>
<p><a href="http://feasta.org/documents/fleeing_vesuvius/?p=84" rel="nofollow ugc">http://feasta.org/documents/fleeing_vesuvius/?p=84</a></p>
<p>I suspect that many of us here, if not conciously &amp; actively searching for it, are greatly interested in discovering &amp; understanding that which most comprehensively +frames+ the +problem+ &#8211; that which, rather like the holy grail of a &#39;Unified&#39; theory (of everything!) in theoretical physics, shows the ultimate source from whence +all+ true, coherent &amp; encompassing solutions may be confidently derived. </p>
<p>The +problem+ I refer to of course is the impending demise of Humanity (&amp; much of Life on Earth along with it), and it&#39;s long, brutally messy &amp; painful path we are now, as a species firmly embarked on. Whose various symptoms, early warnings &amp; breakdowns have been discussed or intimated in the pages of these blogs &amp; accompanying comments. </p>
<p>The piece gets to the very heart of the neuro-psychology of modern Humans &amp; relates this with precision to our predicament &#8211; whether that pertains to the &#39;financial crisis&#39;, &#39;ecological crisis&#39;, &#39;democratic crisis&#39; or any other you care to name.</p>
<p>My brain&#39;s &#39;unexpected reward&#39; &#39;dopaminergic&#39; system has just maxed out! 😛</p>
<p>That last sentence you will fully understand when you&#39;ve read Nate&#39;s essay 😉</p>
<p>Enjoy!</p>
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		By: Pat Flannery		</title>
		<link>https://www.golemxiv.co.uk/2011/05/newsflash-economists-continue-to-be-surprised/#comment-3857</link>

		<dc:creator><![CDATA[Pat Flannery]]></dc:creator>
		<pubDate>Fri, 20 May 2011 16:43:40 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/05/newsflash-economists-continue-to-be-surprised/#comment-3857</guid>

					<description><![CDATA[The MacPuddock,&lt;br /&gt;&lt;br /&gt;First of all there are no government programs compensating lenders for recovery losses. You are probably thinking of various faux government &#034;loan modification&#034; programs for borrowers. They were a fiction created by the Obama people, just as phony as his promises of &#034;change&#034;.&lt;br /&gt;&lt;br /&gt;As for &#034;spiking the gun of the bank&#034;, forget it. The only way to temporarily stop a sale is for an owner/borrower to file Chapter 13 bankruptcy. That puts a temporary &#034;stay&#034; on the foreclosure process while the lender obtains a &#034;Relief of Stay&#034; from the court, usually based on &#034;no equity&#034;.&lt;br /&gt;&lt;br /&gt;In your case it seems the owner has already pulled the Chapter 13 trick&#039; Nothing can now stop the foreclosure sale.&lt;br /&gt;&lt;br /&gt;Rebecca,&lt;br /&gt;&lt;br /&gt;Thanks for the invite back to Ireland. Yes, I sometimes wonder if somebody has not spiked the Irish water supply with Valium.&lt;br /&gt;&lt;br /&gt;Yes, the dust bowl cleared most of the Mid-West of its original sod-busters. The agricultural land of America transferred to corporations who bought the small farms from banks at pennies on the dollar, exactly as the new urban landlords are buying residential America today.]]></description>
			<content:encoded><![CDATA[<p>The MacPuddock,</p>
<p>First of all there are no government programs compensating lenders for recovery losses. You are probably thinking of various faux government &quot;loan modification&quot; programs for borrowers. They were a fiction created by the Obama people, just as phony as his promises of &quot;change&quot;.</p>
<p>As for &quot;spiking the gun of the bank&quot;, forget it. The only way to temporarily stop a sale is for an owner/borrower to file Chapter 13 bankruptcy. That puts a temporary &quot;stay&quot; on the foreclosure process while the lender obtains a &quot;Relief of Stay&quot; from the court, usually based on &quot;no equity&quot;.</p>
<p>In your case it seems the owner has already pulled the Chapter 13 trick&#39; Nothing can now stop the foreclosure sale.</p>
<p>Rebecca,</p>
<p>Thanks for the invite back to Ireland. Yes, I sometimes wonder if somebody has not spiked the Irish water supply with Valium.</p>
<p>Yes, the dust bowl cleared most of the Mid-West of its original sod-busters. The agricultural land of America transferred to corporations who bought the small farms from banks at pennies on the dollar, exactly as the new urban landlords are buying residential America today.</p>
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		<title>
		By: shtove		</title>
		<link>https://www.golemxiv.co.uk/2011/05/newsflash-economists-continue-to-be-surprised/#comment-3855</link>

		<dc:creator><![CDATA[shtove]]></dc:creator>
		<pubDate>Fri, 20 May 2011 16:16:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/05/newsflash-economists-continue-to-be-surprised/#comment-3855</guid>

					<description><![CDATA[Not sure how you gauge the intelligence of a big bag of pricks.&lt;br /&gt;&lt;br /&gt;Catherine Tate&#039;s &#034;constantly surprised woman&#034; should be spokesperson for the economists - youtube vid (1:29):&lt;br /&gt;&lt;br /&gt;http://www.youtube.com/watch?v=oER9xKbD2T8]]></description>
			<content:encoded><![CDATA[<p>Not sure how you gauge the intelligence of a big bag of pricks.</p>
<p>Catherine Tate&#39;s &quot;constantly surprised woman&quot; should be spokesperson for the economists &#8211; youtube vid (1:29):</p>
<p><a href="http://www.youtube.com/watch?v=oER9xKbD2T8" rel="nofollow ugc">http://www.youtube.com/watch?v=oER9xKbD2T8</a></p>
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		<title>
		By: The MacPuddock.		</title>
		<link>https://www.golemxiv.co.uk/2011/05/newsflash-economists-continue-to-be-surprised/#comment-3852</link>

		<dc:creator><![CDATA[The MacPuddock.]]></dc:creator>
		<pubDate>Fri, 20 May 2011 14:18:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/05/newsflash-economists-continue-to-be-surprised/#comment-3852</guid>

					<description><![CDATA[hi  Pat  &lt;br /&gt;I  got  confused with another  contributor with an assumed irish  background  who  goes by the  name  Fungus  Fitzjuggler. apologies  to  both  yourself and  fungus. &lt;br /&gt;&lt;br /&gt;Ok  thanks-that  more  or  less  coincides with  the  situation  I  was told about-the  properties  nearly  all  go back to the  bank with no bidders. &lt;br /&gt;First of  all  I  should say the  property  is  in good  condition. (I  have a  key  and it  is  protected from vandalism,  as  it  is  not  in a generally distressed  area). we  maintained  it  over the  last year as  it  is  part  of the  condo  association  and  everybody  just  paid some  extra.&lt;br /&gt;i  am  now  getting  phone  calls  from  companies who  want to &#039;stop the sale&#039;, assert  the  owners  rights  and  provide some  kind  of  modified  loan  using  government  assistance programs which  I  know  little  or  nothing about. however  I  assume  if  private  companies  can  access the  procedure  for these  relief  mechanism,  so  can I. &lt;br /&gt; &lt;br /&gt;I  am  interested  in  practical  ways  of  spiking the  gun  of the  bank  if  I can. Is there  any  way I can do this? Can  I intervene  on  behalf  of the owner. The sale  is  next Thursday  so  time  is  short. In effect  I  would  quite  like to  see the  former  owner  restored. As  far  as  I  know she  is getting  money  from a daughter  in  California to pay  rent  for another apartment. I  cannot  see  why  she  can&#039;t  just  have the  mortgage  paid  by the daughter. &lt;br /&gt;Part  of the  problem  is that the  owner  has   &#039;lost  the  plot&#039;  due to  the  distress and  illness induced  by the process of going  bankrupt. If you  have any  suggestions  or  insights  I&#039;d  be  grateful.]]></description>
			<content:encoded><![CDATA[<p>hi  Pat  <br />I  got  confused with another  contributor with an assumed irish  background  who  goes by the  name  Fungus  Fitzjuggler. apologies  to  both  yourself and  fungus. </p>
<p>Ok  thanks-that  more  or  less  coincides with  the  situation  I  was told about-the  properties  nearly  all  go back to the  bank with no bidders. <br />First of  all  I  should say the  property  is  in good  condition. (I  have a  key  and it  is  protected from vandalism,  as  it  is  not  in a generally distressed  area). we  maintained  it  over the  last year as  it  is  part  of the  condo  association  and  everybody  just  paid some  extra.<br />i  am  now  getting  phone  calls  from  companies who  want to &#39;stop the sale&#39;, assert  the  owners  rights  and  provide some  kind  of  modified  loan  using  government  assistance programs which  I  know  little  or  nothing about. however  I  assume  if  private  companies  can  access the  procedure  for these  relief  mechanism,  so  can I. </p>
<p>I  am  interested  in  practical  ways  of  spiking the  gun  of the  bank  if  I can. Is there  any  way I can do this? Can  I intervene  on  behalf  of the owner. The sale  is  next Thursday  so  time  is  short. In effect  I  would  quite  like to  see the  former  owner  restored. As  far  as  I  know she  is getting  money  from a daughter  in  California to pay  rent  for another apartment. I  cannot  see  why  she  can&#39;t  just  have the  mortgage  paid  by the daughter. <br />Part  of the  problem  is that the  owner  has   &#39;lost  the  plot&#39;  due to  the  distress and  illness induced  by the process of going  bankrupt. If you  have any  suggestions  or  insights  I&#39;d  be  grateful.</p>
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		By: john		</title>
		<link>https://www.golemxiv.co.uk/2011/05/newsflash-economists-continue-to-be-surprised/#comment-3849</link>

		<dc:creator><![CDATA[john]]></dc:creator>
		<pubDate>Fri, 20 May 2011 09:01:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/05/newsflash-economists-continue-to-be-surprised/#comment-3849</guid>

					<description><![CDATA[No matter how cynical I get I just cant keep up-&lt;br /&gt;nora ephron&lt;br /&gt;economists astonished cat http://www.youtube.com/watch?v=VPdv10mPuN4&lt;br /&gt;&lt;br /&gt;great post and thread]]></description>
			<content:encoded><![CDATA[<p>No matter how cynical I get I just cant keep up-<br />nora ephron<br />economists astonished cat <a href="http://www.youtube.com/watch?v=VPdv10mPuN4" rel="nofollow ugc">http://www.youtube.com/watch?v=VPdv10mPuN4</a></p>
<p>great post and thread</p>
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		<title>
		By: andrew		</title>
		<link>https://www.golemxiv.co.uk/2011/05/newsflash-economists-continue-to-be-surprised/#comment-3847</link>

		<dc:creator><![CDATA[andrew]]></dc:creator>
		<pubDate>Fri, 20 May 2011 07:36:12 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/05/newsflash-economists-continue-to-be-surprised/#comment-3847</guid>

					<description><![CDATA[p.s. @ Mike Hall. Strauss-Kahn&#039;s arrest may look like a set up, but that does not mean he is not guilty. It has been known for years that he is predatory and pushy with women, butpeople have kept their mouths shut, to protect their own positions, and his position. ( unpursued complaints that he abused his positionw within the IMF dating back some years, etc) The timing of the various revelations ( there are many more in france than reported elsewhere) may be a &#034; black-ops&#034; job, but that doesn&#039;t mean that he is innocent of the crime as charged. Perhaps the trap he fell into was of his own devising, not anyone  else&#039;s....]]></description>
			<content:encoded><![CDATA[<p>p.s. @ Mike Hall. Strauss-Kahn&#39;s arrest may look like a set up, but that does not mean he is not guilty. It has been known for years that he is predatory and pushy with women, butpeople have kept their mouths shut, to protect their own positions, and his position. ( unpursued complaints that he abused his positionw within the IMF dating back some years, etc) The timing of the various revelations ( there are many more in france than reported elsewhere) may be a &quot; black-ops&quot; job, but that doesn&#39;t mean that he is innocent of the crime as charged. Perhaps the trap he fell into was of his own devising, not anyone  else&#39;s&#8230;.</p>
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		By: andrew		</title>
		<link>https://www.golemxiv.co.uk/2011/05/newsflash-economists-continue-to-be-surprised/#comment-3846</link>

		<dc:creator><![CDATA[andrew]]></dc:creator>
		<pubDate>Fri, 20 May 2011 07:28:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.golemxiv.co.uk/2011/05/newsflash-economists-continue-to-be-surprised/#comment-3846</guid>

					<description><![CDATA[I found the reports that world stock markets rose 1% in response to Bin Laden being killed slightly queasy...]]></description>
			<content:encoded><![CDATA[<p>I found the reports that world stock markets rose 1% in response to Bin Laden being killed slightly queasy&#8230;</p>
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