The ship of fools is an allegory, originating from Book VI of Plato’s Republic, about a ship with a dysfunctional crew. The allegory is intended to represent the problems of governance prevailing in a political system not based on expert knowledge.
There’s the shipowner, larger and stronger than everyone in the ship, but somewhat deaf and rather short-sighted, with a knowledge of sailing to match his eyesight. The sailors are quarrelling among themselves over captaincy of the ship, each one thinking that he ought to be captain, though he has never learnt that skill, nor can he point to the person who taught him or a time when he was learning it. On top of which they say it can’t be taught. In fact they’re prepared to cut to pieces anyone who says it can. The shipowner himself is always surrounded by them. They beg him and do everything they can to make him hand over the tiller to them. Sometimes, if other people can persuade him and they can’t, they kill those others or throw them overboard. Then they immobilise their worthy shipowner with drugs or drink or by some other means, and take control of the ship, helping themselves to what it is carrying. Drinking and feasting, they sail in the way you’d expect people like that to sail. More than that, if someone is good at finding them ways of persuading or compelling the shipowner to let them take control, they call him a real seaman, a real captain, and say he really knows about ships. Anyone who can’t do this they treat with contempt, calling him useless. They don’t even begin to understand that if he is to be truly fit to take command of a ship a real ship’s captain must of necessity be thoroughly familiar with the seasons of the year, the stars in the sky, the winds, and everything to do with his art. As for how he is going to steer the ship – regardless of whether anyone wants him to or not – they do not regard this as an additional skill or study which can be acquired over and above the art of being a ship’s captain. If this is the situation on board, don’t you think the person who is genuinely equipped to be captain will be called a stargazer, a chatterer, of no use to them, by those who sail in ships with this kind of crew? 
“Just the place for a Snark! I have said it twice: That alone should encourage the crew.Just the place for a Snark! I have said it thrice: What I tell you three times is true.”
This the Banker suggested, and offered for hire (On moderate terms), or for sale,Two excellent Policies, one Against Fire, And one Against Damage From Hail.
This article makes the same point, Donald,
“The fact is oil markets are more likely to dry up before Aramco’s reserves of crude run out. Demand for oil remains robust despite the growing popularity of electric vehicles and the pressure of climate change forcing consumers to search for cleaner transportation fuels”.
Quoting from the Science daily article,
“The scientists conclude that further economic damage from a potential bubble burst could be avoided by decarbonising early. “Divestment is a prudential thing to do. We should be carefully looking at where we are investing our money.(1) For instance, much like companies, pension funds and other institutions currently invest in fossil-fuel assets. Following recommendations from central banks, commercial banks are increasingly looking at the financial risks of stranded fossil-fuel assets, even though their possible impacts have not yet been fully determined. Until now, observers mostly paid attention to the likely effectiveness of climate policies, but not to the ongoing and effectively irreversible technological transition. This level of ‘creative destruction’ appears inevitable now and must be carefully managed,” Mercure concludes.
Regarding a Surplus energy approach .
(1)ED. This is the key misunderstanding , the whole basis of this analysis should look at Net Energy Surplus over cost of energy extraction, then in a real sense the Sentance , “We should be carfully looking at where we are investing our Energy ( qua, Energy )”, would have money taking the Debt based monetary unit as a referent renders the statement meaningless a per pro energy capital allocation decisions.
— Batty about Music (@Battyaboutmusic) January 23, 2022
Essentially all the current debate around Bitcoin and Crypto’s generally is the same debate that’s already been had during the previous 3 peaks just with a new set of Gullinble marks rationalising their own wish fulfillment.
Cryptos up until now have failed to breach the mighty central banking monopoly and it is unlikely they ever will as long as Governments continue to Outsource credit creation to The Banking Cartel, and allow it to engage in its predatory monopoly pricing model.
The best paper on how the system works that I have read is this one By the late Dr Adrian Wriggley
“19. Contemporary governments grant the exclusive power to issue the medium of taxation to a state-sanctioned banking cartel. The banking cartel comprises a central bank and private member banks. The central bank is responsible for price-fixing, information sharing, promoting member interests, and preventing member defaults. Serving the public interest is not a primary goal of a central bank. The cartel holds the exclusive power to set the price of and issue the medium of taxation. Governments generally prohibit the issue of alternative media for exchange and mandate payments of taxes only in the cartel-issued medium.”
FIAT money is by definition a political Construct anything falling outside of the Dominant paradigm is only in any meaningful existence because it is tolerated for some reason or is trivial Bitcoin has a so-called market cap of roughly 800 billion and all cryptos are around 2.2 trillion including Bitcoin 800 billion is not trivial and I think that it can safely be concluded that Bitcoin is tolerated for whatever reason,
This clip of Bernard Leitaer speaks volumes as to the dynamic between “the state sanctioned banking cartel”.and those not in the club.
Bernard Lietaer – All central banks exist for one purpose
“he said but bernard you don’t
we exist the bank of international
settlements every central bank in the
the imf and the world bank only exist
for one purpose
to keep the system going exactly as it
Augustin Carstens here explains what the BIS want with “Programmable Money” it is arguable that smart contracts have a shot at a separate life outside of CryptoCurrencies, but that takes us back to use cases and Smart contracts could easily be incorporated into a CBDC solution in any event.
The subject is just too wide to cover casually Tom.
My own take on the Economic Problem is that it is simply one of Distribution of Products and exchange of resources to make those products. I happen to believe that Resources are not a problem I believe they are abundant. We do though have a problem with the Distribution of Credit and the extent of the problem is as set out by Richard Werners Disaggregated theory of credit creation.
It is my firm belief that many of the problems we face these days are due to the exploitation of dominant Monopoly positions to the exclusion of efficient production and distribution of resources and goods. I have zero confidence that the current leadership at the BIS or the world commercial banks can solve the problem which they themselves have created for the rest of us. And as Bernard Leitaer heard from the horse’s mouth, the leaders of the current system wish to “keep the system going exactly as it is”. That is, as it is with respect to creating Credit as Debt at interest mandated by FIAT as de facto creators as the medium of taxation.
All of those points do not even touch on the Geo-political aspects of Energy Resources ( Hydro Carbons) and the “Petro Dollar”
I happen to agree with Lord Acton and his less famous quote.
“The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks.”
― Lord Acton
I wrote this to one of my investors earlier.
>The other two videos on the channel are also interesting. Very few views, unsurprisingly.
What we are witnessing is the final stages of a massive game of Monopoly, only two squares remain available for the plebs. Go to Jail and Community Chest. All of the landlords are building either on Park Lane or Pall Mall and only Hotels at that. The Trusted News initiative is reporting on the game earnestly claiming that the Board Game they comment upon is still as it was in the early rounds, ignoring that we have not seen many of the old players for some considerable time
If only we had all decided to play scrabble instead?”
anyone for scrabble?
“What’s the good of Mercator’s North Poles and Equators, Tropics, Zones, and Meridian Lines?”So the Bellman would cry: and the crew would reply “They are merely conventional signs!
Gatekeepers, Controlled Opposition, Useful idiots
The Bigger Lie is a great short documentary on Media Bias in the Scottish independence referendum. The Peak oil Myth was segued into the Climate change inconvenient truth Myths ending up with first Greta and then Covid 19.
What has the BBC ever done for us? pic.twitter.com/cHFiNaes0r
— Adil Ray OBE (@adilray) January 16, 2022
FREE MARKET CAPITALISM: IT`S THEIR FUTURE, ” I had a brilliant idea for 21st century economics ” A Live Streamed Dialogue on Money, Banking and Political Economy . “TINA” the Village Bike or Temple Whore.
VI. SCIENCE AND THE EUGENISTS
The key fact in the new development of plutocracy is that it will use its own blunder as an excuse for further crimes. Everywhere the very completeness of the impoverishment will be made a reason for the enslavement; though the men who impoverished were the same who enslaved. It is as if a highwayman not only took away a gentleman’s horse and all his money, but then handed him over to the police for tramping without visible means of subsistence. And the most monstrous feature in this enormous meanness may be noted in the plutocratic appeal to science, or, rather, to the pseudo-science that they call Eugenics.
UTOPIA OF USURERS G K Chesterton.
Links for further analysis.
worth a listen., I think this guy is actually a Mossad Guy he has been on my radar for probably 6 or 7 years. He certainly offers a very interesting angle on the jigsaw.
Gas Price Manipulation
And Gull Island Oil
[SIZE=+1]By Joel Skousen
World Affairs Brief
[SIZE=+1]It’s well and good that Congress vote to stop filling the US Strategic Oil reserve because the US already has billions of barrels in the ground in Alaska–entire oil fields capped and drilled, but kept off the market. The filling of the Strategic Petroleum reserve is merely one more attempt to keep fuel in short supply. I will be blunt. There is a conspiracy to raise fuel prices and it is pernicious. No one is targeting the collusion we see daily between the oil companies.[/SIZE] [SIZE=+1][/SIZE] [SIZE=+1]Fred Cederholm in a Baltimore Blog noted these careful observations during the latest and suspicious run up in gas prices–too rapid and too well coordinated to be a result of natural market demands. “It must have been some pricing strategy by all of the fuel retailers because the spike [of 13 cents a gallon] occurred everywhere, regardless of the company or the brand, at almost the same moment [within 2 hours]… I had already been on-line checking world-wide news and developments when a friend and neighbor stopped at the house to tell me I had better fill up immediately because a price jump was coming. I logged off and topped off my gas supplies for all of my fuel thirsty vehicles and gizmos. I then went back on-line to find out why the spike occurred. I found not one single development, catastrophe, or explanation. I found nothing to justify the jump!” Later, the media will always be fed some event used to justify the increase, just like their servile explanations that “the stock market rose today due to some company performing better than expected.” Nonsense.[/SIZE] [SIZE=+1][/SIZE] [SIZE=+1]PUBLIC NEEDS TO DEMAND OPENING OF THE GULL ISLAND OIL FIELD[/SIZE] [SIZE=+1][/SIZE] [SIZE=+1]I have long maintained that the US government is purposely keeping US oil discoveries off the market in order to allow insider oil companies to drive up prices and save US supplies for the next war. Evidence continues to confirm that charge. A massive oil/natural gas field exists under Gull Island, located in the waters of Prudhoe Bay in Alaska, according to Lindsay Williams. Williams was an Alaska oil field Chaplain who was so successful at boosting moral during the building of the Alaskan pipeline that he was given special access to many high level meetings at the Atlantic Richfield company. At one of those meetings, he witnessed, first hand, discussions confirming a successful find of a massive new oil field near Prudoe Bay in Alaska–at Gull Island the day before the meeting.[/SIZE] [SIZE=+1][/SIZE] [SIZE=+1]A few days later, the chief operating officer of Atlantic Richfield for Alaska, Ken Fromm, who had invited Williams to the meeting, called him and told him he must never mention this new discovery–that the US government had classified it and was ordering it capped. It is still being held off the market and is not part of the environmental lock-down of oil in the Arctic National Wilderness. Williams was given a British Petroleum memoranda [probably by Fromm] which related the statements of upper echelon oil officials from Arco which said that Gull Island would be kept under wraps, limiting domestic supplies so Americans would someday see prices hit up to $10 a gallon at the pump.[/SIZE] [SIZE=+1][/SIZE] [SIZE=+1]Lindsey Williams decided to violate that informal ban and publish a book, The Energy Non-Crisis, about the scandal. Ken Fromm was finally fired by Atlantic Richfield for allowing Williams in on the meeting and for helping correct technical details in Williams’ book. He told Williams that the Powers That Be were making sure his book would be suppressed and would not get any establishment media coverage.[/SIZE] [SIZE=+1][/SIZE] [SIZE=+1]Here’s an excerpt from Chapter 17 The Energy Non-Crisis. The entire book is online and on U-tube videos: http://educate-yourself.org/cn/lindsywillaimsvideos22may07.shtml%5B/SIZE%5D [SIZE=+1][/SIZE] [SIZE=+1]”Gull Island just proved what the oil companies have believed for some time. It authenticated the seismographic findings. Seismographic testing has indicated that there is as much crude oil on the North Slope of Alaska as in Saudi Arabia. Since the Gull Island find proved to be seismographically correct, then the other testings are correct also. There are many hundreds of square miles of oil under the North Slope of Alaska.[/SIZE] [SIZE=+1][/SIZE] [SIZE=+1]”To clarify what I am about to say, let me first re-emphasize that the government permitted the oil companies to drill and prove many sites (subsequently making them cap the wells and keep the proof of the finds secret), but they do not allow them to produce from the wells. This is why I have referred (below) to a number of wells having been drilled (after I left the North Slope). The only production permitted is from the small area of the North Slope.[/SIZE] [SIZE=+1][/SIZE] [SIZE=+1]”Gull Island is located five miles off shore from Prudhoe Bay. It is in the Beaufort Sea. The chemical structure of the oil at Gull Island is different from that of the oil in the Prudhoe Bay field and the pressure of the field is different, proving that it is a totally different pool of oil from that at Prudhoe Bay… Three wells have been drilled, proven, and capped at Gull Island. The East Dock well also hit the Gull Island oil pool (you can tell by the chemical structure). For forty miles to the east of Gull Island, there has not been a single dry hole drilled, although many wells have been drilled. This shows the immensity of the size of the field.[/SIZE] [SIZE=+1][/SIZE] [SIZE=+1]”Only recently, just west of Gull Island, the Kuparuk oil field has been drilled. Again, this is a totally separate pool of oil from either the Prudhoe Bay field or the Gull Island field. The chemical make up of the field and the pressure of the field is different from the others, proving it to be a totally separate pool of oil. In an entirely different area of the North Slope than the 100-square-mile area of the Prudhoe Bay field, the Kuparuk field is approximately 60 miles long by 30 miles wide and contains approximately the same amount of oil as the Prudhoe Bay field.[/SIZE] [SIZE=+1][/SIZE] [SIZE=+1]”From 1973 through 1980 we were being told continually that America was in the midst of a major energy crisis, yet no oil production was allowed from the Kuparuk field. It wasn’t until 1981 that permission was finally granted for production. Why the delay–if there really was a crisis? The reason Mr. X made the statement that there is as much crude oil on the North Slope of Alaska as in all of Saudi Arabia is because the oil companies have drilled all over the North Slope and have proven there is that much oil there, but still they are only allowed to produce from the small area.”[/SIZE] [SIZE=+1][/SIZE] [SIZE=+1]”Americans will also be shocked to know that almost all Alaskan crude is shipped overseas (most to Japan) while America has to import most of its oil. “Possibly you have heard it stated that the Alaskan crude oil has such a high sulphur content that it cannot be refined by most oil refineries in the U.S. We are being told that this is the reason why the Alaskan oil is not helping to solve America’s energy crisis. This is also the excuse that is being used for shipping Alaskan crude oil to other countries. It has also been reported that major power companies are even telling this to their customers, using it to justify their need for rate increases….[However] An August 11, 1980, analysis of the Prudhoe Bay crude oil, which is flowing in the Trans-Alaska Oil Pipeline, reads as follows: Sulphur content – 0.9% The sulphur content of the Prudhoe Bay Alaskan oil is low in comparison to oil from other sources in the U.S., as well as many foreign oils.”[/SIZE] [SIZE=+1][/SIZE] [SIZE=+1][/SIZE] [SIZE=+1]World Affairs Brief – Commentary and Insights on a Troubled World.[/SIZE] [SIZE=+1][/SIZE] [SIZE=+1]Copyright Joel Skousen. Partial quotations with attribution permitted. [/SIZE] [SIZE=+1][/SIZE] [SIZE=+1]Cite source as Joel Skousen’s World Affairs Brief http://www.worldaffairsbrief.com[/SIZE%5D
“In an open struggle between truth and falsehood, truth has nothing to fear. ´´ Frank Harris. “Rules are for the obedience of fools and the guidance of wise men”. Oscar Wilde. Reality Based Communities (Rove) Wagging the Dog and other Viral Memes of Crony Capitalism. #CronyCapitalistVirus2020. @davidgraeber @financialeyes @JoeBlob20 #DebtBomb @DominicFrisby