Plunge Protection Team Now in Hyperactive, Preemptive Mode

The market is the place set apart where men may deceive each other.

Anacharsis

How odd it is that over the past 20 years Deconstructionists and lingusitic "experts" have rendered much of philosophy - other than "analytical" variations - impotent based on the premise that the imprecise language used in speculative and metaphysical strains invalidates their significance. OK. So Plato’s innate ideas, Spinoza’s pantheism, Hegel’s dialectics, and most of existentialism, for instance, are not empirically verifiable. Still, there’s a treasure trove of concepts in those ideas, but, granted, ones that can’t be empirically asserted. But in a world stripped to its unreflective essence, where presidential candidates are elected to a great extent based on 30-second ads, charges of linguistic inadequacy are not groundless.

Now that the art of philosophy has been ruined to a great extent, leaving the door open for Neocon strategists supported by lengthy white papers substantiating neoimperialism, the Deconstructionists/lingusitic "experts" ahould move onto another fertile field of study: the common vernacular of everyday people. Begin, for instance, with the word, democracy or freedom. Are these words in reality the same as they are on paper? The same as Jefferson intended them to be? Or are they, like some amorphous, metaphysical philosophy, misrepresenting actuality? Are they now merely tools for deception used by ideologues manipulating the general masses? Freedom in Iraq? Really?

Or, take for instance, the term, free market - that cherished system so many still believe exists, that so many are willing to die for. Of course, most ideologically inclined adherents of free markets would agree that free was always a relative term due to changing rates in tariffs, taxes, interest rates, and inflation, if not a million other considerations such as commodities, investment vehicles, natural disasters, etc. Nonetheless, those adherents would say, the West’s markets are far more free than any in history and in any other part of the world. Old fashioned conservatives, like Goldwater and Scoop Jackson, tied their anticommunist campaigns to the preservation of markets that were not controlled by the state. Their view was that Adam Smith’s Let it Be philosophy would produce a continuum of prosperity.

But times have changed. It appears that the well heeled don’t like losing their gadgets and assets, as they did in 1987. They like their 28-room mansions, Hummers, and 3rd and 4th homes even if the market isn’t kept free. Apparently, the captains of industry, while preaching "Free Markets" to the common investors and the rest of the world, have been following a policy of market manipulation. Note: Here you rabid Deconstructionists, have a field day where you’ll be able to illustrate the enormous gap between language and reality, between promises made and bargains broken. Consider the dialectic, Free Market vs. Plunge Protection.

America has reached a quiet 20th anniversary of Plunge Protection, which has recently gone into an offensive mode propping up stock markets, hedge funds and selected capital markets around the world. Ever wonder how stock prices in the midst of a sluggish GDP, massive credit and bank failures, and a crippled housing market continue to rise nearly every single day without a "correction" or selloff? Ever wonder how experienced critics such as Greenspan predict a recession and then, presto, the markets seem to go wicked good? Ever wonder about those short critiques on the networks (Markets are humming today Sally due to a steep rise in pork bellies in Manilla.) that seem to encapsulate market complexities as if such immediate understanding were possible? Ever wonder, Hey, maybe something else is going on? An Invisble Hand, no, make that an Invisble Group stepping in to shift valuation in order to fortify the notion that America, as W. insists, is really doing quite well, thank you. It’s no wonder that W. and co. would control markets in the same way he’s controlled Justice, or as it’s now commonly known, Just Us.

For the unitiated, the following sites have ample proof that what you see is not what you get in Free Markets, that there are words like Freedom, Democracy, Capitalism, Free Markets, and Liquidity that actually have entirely different meanings. And more and more people around the world, including Kuwait, which recently unleashed its monetary tie to the dollar, are waking up to the disparities. What are Americans waiting for? A memo?

NOTE: This is a lengthy but illumintaing PDF, http://72.14.209.104/search?q=cache...

http://www.marketoracle.co.uk/Artic...

http://www.gold-eagle.com/editorial...

http://registeredrep.com/mag/financ...

http://www.financialsense.com/edito...