Review: Bad Money–Reckless Finance, Failed Politics, and the Global Crisis of American Capitalism

4 Star, Banks, Fed, Money, & Concentrated Wealth, Capitalism (Good & Bad), Corruption, Politics

Bad MoneyToo Tough for Most, Here is Short Version and Links, October 1, 2008

Kevin Phillips

I admire this author, very much, and consider him to be one of the more thoughtful public intelligence minutemen–sadly, the media has failed us, as have the think tanks, and we who wish to know the truth of any matter are left very much on our own.

Here is the short version of this book (ending with NO on the bail-out) courtesy of and with permission of Sterling Seagraves, co-author of GOLD WARRIORS:

Many Continental European banks ARE stronger than USA banks, because they have more experience with disaster in past centuries. As do some current EU governments like France, Spain and Germany. But they are exposed for 2 reasons: 1, they found it easy to borrow money from USA banks, so they became somewhat addicted to easy money, and are now having to adjust to that source of money drying up. 2, most big banks not long ago set up divisions in Paris (for example, SocGen, CredAgri, Paribas) that were to play the investment game of derivatives and short-selling. In the case of SocGen, this was exposed recently but blamed on only one man, a trick to protect many others. With CredAgri, all their regional commercial banks are very solid, but their newer Paris investment division is in deep shit because of emulating New York and London corrupt practices.

The basic problem is that citizens must have a secure place to put their savings. Conservative banks initially use this money to make conservative investments, but as time passes the young and ambitious “upstarts” (arrivists) begin to make crazier investments to advance their careers and enlarge their private wealth — but still speculating only with the savings of citizens who trusted their bank. Eventually, these upstarts went crazy. But they were encouraged to do so by their bosses, and then by the Reagan, Bush Sr and Bush Jr administrations. During the first year of the Bush Jr administration, it had such a terrible reputation and the US economy was in such terrible condition, that it was decided to increase “housing starts” (home construction) by giving mortgages to everyone (even if they could not pay-back) because the statistics would look good on paper. This soon became a “feeding-frenzy” by the Piranha, creating a global feeding-frenzy by almost all big banks, including UBS and CreditSuisse.

The reason none of the “authorities” sounded the alarm is because they, and the politicians, and journalists, and professors, are all tied together like black slaves on a slave ship. If one goes overboard, they ALL go overboard. So they protect themselves by protecting “the system”. The proposed 700-billion US$ bail-out was simply the final robbery by the Bush admin, shared with all the big bank owners. In fact, the ECB has given that much to banks in the last two weeks to “increase liquidity” (put money in the pockets of the malefactors), so the Bush/Paulson bail-out was just a way of feeding their personal friends.

The people who are cheated are the citizens who trusted the banks with their savings. It is better to have the criminal banks crash, because only that will provoke a serious reform. I hope we are getting closer to the time when citizens will rise up and get violent. It is very healthy for governments and politicians (and bankers) to get their asses kicked, to be put in the tumbril and sent to the guillotine. This must be done every several generations to keep them afraid, because nothing on earth will keep them honest except fear. The Bush regime postponed the guillotine by mis-directing the fear of citizens toward Muslims, and avoided a quick military coup at home by sending most soldiers to Iraq and Afghanistan where they are no danger to Washington. I may have put this very simply, but there are times when things need to be put simply.

END SHARED INFORMATION

Here are books that are easier to read and make the same case, but please note that all of this can be traced back to Senator Phil Gramm (R-TX) and his deregulation of the financial industry with a 200+ page amendment that none of the other Senators read. Clinton “went along” because “easy money” was a popularity enhancer.

The Battle for the Soul of Capitalism
The Soul of Capitalism: Opening Paths to a Moral Economy
The Shock Doctrine: The Rise of Disaster Capitalism
Confessions of an Economic Hit Man
The Manufacture of Evil: Ethics, Evolution and the Industrial System
Running on Empty: How the Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It
Breach of Trust: How Washington Turns Outsiders Into Insiders
The Global Class War: How America's Bipartisan Elite Lost Our Future – and What It Will Take to Win It Back
Screwed: The Undeclared War Against the Middle Class – And What We Can Do about It (BK Currents (Paperback))
Election 2008: Lipstick on the Pig (Substance of Governance; Legitimate Grievances; Candidates on the Issues; Balanced Budget 101; Call to Arms: Fund We Not Them; Annotated Bibliography)

The Rise of Global Civil Society: Building Communities and Nations from the Bottom Up

5 Star, Civil Society, Congress (Failure, Reform), Corruption, Executive (Partisan Failure, Reform), Future, United Nations & NGOs
Civil Society
Amazon Page

Superb Overview, A Bright Light Into the Future,April 22, 2008

Don Eberly

I would normally penalize the publisher one star for being lazy about providing basic information using Amazon's excellent digital loading dock.

Here's the part the publisher should have provided:

Foreword: Poverty Reduction in the Age of Globalization
01 Compassion: America's Most Consequential Export
02 Core Elements of Community and Nation-Building: The American Debate
03 The Great Foreign Aid Debate: Stingy or Generous
04 From Aid Bureaucracy to Civil Society: Participation & Partnership
05 Wealth, Poverty, and the Rise of Corporate Citizenship
06 Microenterprise: Tapping Native Capability at the Bottom of the Pyramid
07 The Great Tsunami of 2004 and America's Generosity
08 Conflict or Collaboration: Religion and Democratic Civil Society
09 Understanding Anti-Americanism
10 Civil Society and Nation-Building: Prospects for Democratization
11 Conflict and Reconciliation in the Context of Nation-Building
12 Habits of the Heart: The Case for a Global Civic Culture
13 Roadmap for Bottom-Up Nation-Building in the 21st Century

Although there are omissions and correspondences that are not addressed in this book, which relies on a handful of core readings, I have nothing but admiration for the author's talent, insight, and art in bringing this all together. This one book is easily a substitute for 10-25 other books, and the author communicates some key ideas with discipline.

Highlights for me:

+ Shift from vertical to horizontal power

+ 85% of aid is NOT from governments

+ Key trends include citizen-led development; provision of opportunity instead of charity; and use of electronic devices, notably the cell phone, to counter corruption and the abuse of power (while also increasing individual and group productivity)

+ Propaganda (public diplomacy or strategic communication or covert action media placements and influence operations) DOES NOT WORK. What works is good works for the right reasons.

+ We are in the midst of an association revolution at the same time that corporate citizenship and social responsibility is on the rise.

+ Local ownership and local innovation are the heart of success

+ There is an emerging role for religion and culture that is distinct from the negative role now played by extremists on both sides

+ Anti-Americanism is making US government aid ineffective at same time that door is being left open to non-governmental aid from US sources

+ Goal is to cultivate democratic citizens by creating civil society, which the author reminds us citing Tocqueville, is what actually nurtures citizenship–not state or government directives

+ Capital trapped in poverty far exceed all combined sources of aid

+ Third World is a hot-bed of innovation and small-scale experimentation, and the cell phone is playing a huge role in helping individuals climb out of poverty

+ Pushing democracy before civil society has been established, or before reconciliation and stabilization have been achieved, will not work

+ In next 25 years 31-41 trillion dollars in wealth will become available for philanthropy (or debauchery, but the author is an optimist)

+ In the age of networks collaboration, the concept of sound governance is one that needs development–I thought immediately of a sparse matrix in which various organizations have metrics associated with a specific project, and they strive to turn each from red to yellow to green.

+ 75% of US individual taxpayers did not itemize deductions, this is a huge untapped source of charity–however, while the author focuses on increasing individual donations to intermediaries like the Red Cross, we at Earth Intelligence Network would much prefer to create global range of gifts tables that allow all individuals to opt in at any level ($10 and up) and start peer-to-peer giving on a global scale at the household level of precision.

+ Key trends: from the giant to the small; from the remote to the local; from the bureaucratic to the non-bureaucratic; from the impersonal to the personal; from the compartmentalized to the holistic

+ More key trends: from clientelism to citizenship; from giantism to human scale; from credentialism to capacity building (see EIN's idea for teaching the poor one cell call at a time using global virtual networks of volunteers–they do not need diplomas, they need knowledge on demand); from fragmentation to integration (e.g. must harmonize all twelve policies to eradicate any given threat); from aid bureaucracies to civil society

+ Bottom-line: empower the indigenous and do not pretend you know what they need. It is NOT “on us” to do anything other than practice the Golden Rule and be compassionate and generous.

+ The final section of the book needs to be read in detail but includes ideas such as government becoming a catalyst rather than a supplier (steer not row); achieving a means of tracking (and we hope, orchestrating) government, private and NGO giving, and remittances, which the author feels must be counted.

+ He speaks of a third way that combines conditionality (give us a good legal environment) with anti-corruption (on this point his focus is on mis-direction of aid, not on the Canadian gold company paying a single Colonel to move a village so they can loot billions in gold from the Peruvian commonwealth)

+ Corporate strategic or venture giving is a favorable emerging trend, along with social entrepreneurship and I would add, hybrid enterprises

+ Web-based giving is in its infancy (and still gives control of the money to large organizations with huge staffs–EIN wants to get to P2P Web 3.0 giving that is both point to point and on the record for all to see

The book concludes with 26 suggestions spanning the full eight tribes as I call them (government, military, law enforcement, academia, business, media, NGOs, and civil society) and for this alone you must buy the book or check it out of the library. Solid common sense.

Amazon does not provide a capability to link to lists, so I can only offer a couple of examples in several literatures. If I point to a book you can read my review and find 10 more links there.

Poverty Potential
The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits (Wharton School Publishing Paperbacks)
The Wealth of Networks: How Social Production Transforms Markets and Freedom

Capitalism 3.0
Cradle to Cradle: Remaking the Way We Make Things
Green to Gold: How Smart Companies Use Environmental Strategy to Innovate, Create Value, and Build Competitive Advantage

Civilization Building
The leadership of civilization building: Administrative and civilization theory, symbolic dialogue, and citizen skills for the 21st century
How to Change the World: Social Entrepreneurs and the Power of New Ideas, Updated Edition

Tao of Democracy
Society's Breakthrough!: Releasing Essential Wisdom and Virtue in All the People
Collective Intelligence: Creating a Prosperous World at Peace

Failure of Government and the Two-Party Spoils System
Breaking the Real Axis of Evil: How to Oust the World's Last Dictators by 2025
Running On Empty: How The Democratic and Republican Parties Are Bankrupting Our Future and What Americans Can Do About It

Vote on Review

Review: Obama–The Postmodern Coup – Making of a Manchurian Candidate

4 Star, Corruption, Democracy, Politics

Obama CoupPolemical, Provocative, Frightening, & Credible, April 15, 2008

Webster Griffin Tarpley

Edit of 18 Oct 2008: New book by this same author with much more detail including extensive notes, Barack H. Obama: The Unauthorized Biography. Tell others. We have a problem and it is not Obama, it's the people around and behind him.

Edit of 9 May 2008: “House Negro.” That's what a Reverend of color called Senator Obama, and I agree. The Democratic “system” is trying desperately to field a “front” that can win, and Obama has rolled over for them. Just as Colin Powell betrayed all moderate Republicans by confusing loyalty with integrity (instead of quitting and calling for Dick Cheney's impeachment and then running for President in 2008), Obama is, as this book suggests, a Manchurian candidate–a House Negro.

Edit of 7 May 2008: I lost all respect for Obama when he finally disowned Reverend Wright. His original instincts were correct, his late renunciation is further proof that he is bought and paid for by the system. Reverend Wright, despite his inflamatory language, was right on target in seeking to arouse passion about misdeeds done in our name. This can still be a great Republic, but it needs integrity, transparency, and dignity for all. I respect Reverent Wright more than I respect Senator Obama at this point.

Edit of 5 May 2008: Please ignore the individuals whose hysterical reviews demonstrate they are reacting to mine, they have not actually bought nor read the book. I deal with reality, nothing else. This book is a wake-up call, just as the 935 lies and the 25 impeachable offenses of Dick Cheney are a wake-up call. I have confidence in our Collective Intelligence. I have no confidence in the think tanks, the candidates, or the political system of a two party organized crime spoils system.

Edit of 1 May 2008: In the author's own words:

This is not an academic study. It is a vigorous political polemic. It is meant to sound an alarm against a looming catastrophe. All of that is sincere, and none of it is hidden. Now that the phase of adulation and cultism is dissipating, I urge you to take a fresh look.

In the context of all that I know and have read, this book shocked me into realizing that the author may well be correct, and that Senator Obama and his wife, as intelligent and well-intentioned as they may be, are nothing more than puppets to a Trilateral Commission/Federal Reserve mafia.

I say this as someone who believed in the potential of this candidate, but who subsequently found that his campaign staff, his senior political advisor, and even Oprah Winfrey, are so enthralled with the prospects of an easy engineered win (money talks), that they are refusing to engage with or listen to Libertarians, Greens, Reforms, Naderites, or Independents. They refuse to mention the word “transpartisan” that outs the lie of bipartisanship (“keep the two-party spoils system alive, continue to exclude Independents and others from all debates”), they refuse to address the need for Electoral Reform and the naming of a transpartisan cabinet in advance of the election, and they refuse to create much less publish any semblance of a balanced budget, without which all of their promises are empty (as well as often mis-guided). So for all of these reasons, as polemical as the author's book it, I find it credible and compelling. This book also explains why Mike Bloomberg has gone silent–others with more money than he appear to have persuaded him he could, like Bear Sterns, be punished by being bankrupted.

MOST INTRIGUING is the manner in which the author dissects and evaluates Senator Obama in the context of who his advisors are.

I now realize that the refusal of all three candidates to outline any kind of strategy for eradicating the ten high-level threats to mankind by harmonizing the twelve policies is deliberate–they don't HAVE a strategy, they have an agenda, and it does not include our well-being.

Let me set the stage with two quotes from pages 178 and 179:

“Obama is best understood as a multi-contractor puppet with hardware from the Ford Foundation and software from the Rockefeller-Trilateral-Brzezinski circles.”

“The Obama campaign has thus far been shown to represent: the Ford Foundation, the Trilateral Commission, the New York Council on Foreign Relations, the Chicago Council on Foreign Relations, the Bilderberger Group, Skull and Bones, the RAND Corporation, the Soros Foundation, the Rockefeller family, and the Friedmanite Chicago School of economic genocide. Obama is the Manchurian candidate groomed and indoctrinated by those financier-controlled groups. As president, Obama would impose a regime of crushing economic austerity and a new set of foreign wars far worse than what has been seen under Bush.”

I am going to highlight a few points here, and reserve the option of modifying this review after I talk to the author tonight. I want to get this down while it is fresh in my mind.

The real kicker, the “truth-teller” that persuades me this author is on to a very important potential nightmare scenario for the USA, is the role of Zbigniew Brzezinski as the top foreign policy advisor and indeed the “maker” of both Jimmy Carter and Barack Obama.

I have always respected Brzezinski's talents, but as I have grown older and wiser I have come to see him as nothing more than a war criminal, no better or worse than Henry Kissinger, both of them convinced that a) they know better, b) their grand strategic design demands the subversion of all who stand in their way, and c) never mind a little genocide here and there (and especially in Africa), eugenics is code for depopulating the areas we have not finished looting.

What I see in the two political parties, both Running On Empty, is a propensity to promote sycophants and then let them do great evil “in our name” and without retribution.

The book on Kissinger has been written: The Trial of Henry Kissinger. The book on Brzezinski remains to be written. For a taste, see Breaking the Real Axis of Evil: How to Oust the World's Last Dictators by 2025.

I share the author's view of Brzezinski as a loose cannon with a rabid anti-Russian sentiment, and I for one will not vote for any candidate that allows Brzezinski to play with our loose nukes, or to antagonize Russia with missile defense in Poland.

The author is quite persuasive when he discusses the manner in which Brzezinski obtained both political asylum and a lucrative complete funding package for the Chechnyan terrorist leader now granted asylum and living in splendor here in the DC area (at taxpayer expense).

He makes it a point to observe that Brzezinski is an opponent of Third World development, wanting no more miracles such as have been achieved in Asia.

I believe the author when he describes Senator Obama as Brzezinski's last chance, at 80, to create destabilization along the Russian western border, and to goad China into invading Siberia to the point there is a Russian-Chinese war. Thus does Brzezinski go up in flames, taking the rest of us with him.

Other Obama advisors (less Joe Nye, who can be reasonable) are also frightening, buy and read the book for details.

The author has several major pet rocks that get tossed around, and I summarize them here:

1) The Clintons are the lesser evil because they have no single owner and Senator Clinton, for all her flaws and tribulations, appears to be genuinely in favor of New Deal arrangements for the working class and the vanishing middle class..

2) The young trouble this author. He considers them ignorant, gullible, and too subject to manipulation,

3) Fascism lurks, and one price Senator Obama may have to pay is that of his life–being assassinated early on (shortly after inauguration ostensibly by a foreign agent)so the Vice President can take over and fulfill the fascist/corporate control dream. I shake my head as I write this–if I had not lived the life I have, been part of the CIA, read all the books I have, all of this would be disreputable ranting. The book is an indictment, not a conviction, and merits attention.

In other provocative notes the author considers Mark Penn to have been a mole into the Clinton campaign all along, and to have provided a strategy intended to fail, bolstered by fake polling that misled Senator Clinton.

The author laments the splintering of the 9/11 Truth Movement between Kucinich and Ron Paul, and suggests that Kucinich was in grave error when he threw his delegates to Senator Obama.

The author explores how John Edwards dominates the two major issues of the day, poverty and labor rights, and these were essentially stolen from him with “big money” we do not see behind the “little money.”

The author draws to a close warning the reader that like Jimmy Carter, Barack Obama was selected and promoted by the Trilateral Commission, and that like Jimmy Carter, he will preside over a melt-down of the US. Indeed, he draws a line from “malaise” to Mrs. Obama's discussion of “broken souls.”

The author believes that Senator Obama is being set up for a fall with the national infrastructure fund, which will be speculative and lead to a major economic setback (for the little people, the funds will do fine).

The author believes that the mental health of the candidates for President is something that must be examined in public very carefully. He has grave doubts about both Senator Obama and Senator McCain, and while I have grave doubts about Senator Clinton's ability to listen to anyone other than her cronies, I do NOT have a single doubt at all about her sanity and seriousness of purpose.

His draft emergency economic recovery plan covers a stop of foreclosures, raising minimum wage, Tobin Tax implementation, single-payer health care, tax relief for families, nationalization of the Federal reserve and re-regulation of banking and finance, funding infrastructure to eliminate daily auto commutes, protection of the family farm, attention to global depression, and restoration of FDR's “freedom from want.”

So there you have it. I am impressed.

See also Someone Would Have Talked: The Assassination of President John F. Kennedy and the Conspiracy to Mislead History and also An Act of State: The Execution of Martin Luther King, New and Updated Edition and of course all the books on the lies told to We the People regarding Viet-Nam and more recently, 9-11, Katrina, and Iraq.

There are others. Bottom line: Government lies (both left and right) and We the People need to flush all these knaves down the toilet and start over.

For competing visions that do not tolerate Manchurian machinations, see, among many others:

The Tao of Democracy: Using Co-Intelligence to Create a World That Works for All
The World Cafe: Shaping Our Futures Through Conversations That Matter
Society's Breakthrough!: Releasing Essential Wisdom and Virtue in All the People
How to Change the World: Social Entrepreneurs and the Power of New Ideas, Updated Edition
Collective Intelligence: Creating a Prosperous World at Peace

Review: The Way of the World–A Story of Truth and Hope in an Age of Extremism

5 Star, America (Founders, Current Situation), Congress (Failure, Reform), Corruption, Democracy, Executive (Partisan Failure, Reform), Intelligence (Government/Secret), Misinformation & Propaganda, Politics

way of worldForgery is old news–focus on the loss of morality, August 7, 2008

Ron Suskind

EDIT of 3 Sep 08 to add CIA published denial and attack, and comment from Association of Former Intelligence Officers, as a comment.

I have reviewed all the books linked to below, and my reviews of those books will add depth to this review.

Ron Suskind's first book on the current Administration, The One Percent Doctrine: Deep Inside America's Pursuit of Its Enemies Since 9/11 was extraordinary for its deep look at Dick Cheney and how since his Ford days, he has always favored unfettered Executive power and has never, in every Continuity of Government exercise, NEVER, given any thought to Congress. He ALWAYS went for an Executive dictatorship that used “war powers” to overturn the Constitution and every single civil liberty. However, the better books on Cheney (25 documented high crimes) and Bush (a tragedy within a farce) are these:

Vice: Dick Cheney and the Hijacking of the American Presidency
The Bush Tragedy

The media and the other reviewers are placing excessive emphasis on the forgery. This is old news. Vaclav Havel, former President of Czechoslovakia, personally said that the White House claims that Iraqi intelligence met Al Qaeda in his country were false. The son in law of Sadaam Hussein who defected asserted, very credibly (and without torture) that the regime kept the cookbooks, destroyed the stocks (Army intelligence tells me they poured so much stuff into the river the future of those downstream is very scary), and were bluffing for regional influence's sake). The fact is that in addition to Cheney's 25 high crimes, there were 935 documented lies told by the White House, and their lack of ethics, integrity, and respect for the Constitution is now beyond repudiation. See for example:

State of War: The Secret History of the CIA and the Bush Administration
A Pretext for War: 9/11, Iraq, and the Abuse of America's Intelligence Agencies
Weapons of Mass Deception: The Uses of Propaganda in Bush's War on Iraq

I continue to be astonished that citizens of the US are not burning tires in the streets and surrounding the White House demanding the immediate exile of Dick Cheney and the appointment of a care taker Vice President, at a time when open source intelligence (OSINT) is telling all of us, and the Director of National Intelligence (DNI) that Dick Cheney has promised Israel the US will nuke the Iranians between November 2008 and January 2009.

The core value of this book is NOT in the forgery, which is old news, but in the broad picture it paints of a Republic that has become a Third World dictatorship in which Cheney calls the shots, Congress is complaint (both parties be damned, the Republicans for being collaborators, the Democrats for being doormats), the war loots the individual taxpayer for Halliburton's financial benefit, and brave Americans die for an illegal, immoral war justified by a cadre of liars: Cheney, Rice, Wolfowitz, Rumsfeld, and Feith.

I read a a great deal–an almost fruitless attempt to remain sane in a time of mass insanity–and what I admire most about this author and this book is his broad focus on morality, civil liberties, and the values that differentiate true conservatives who read and value philosophy–and liberals who parrot phrases they do not understand. This is SERIOUS stuff!

In support of this author's “brief” to We the People, who should all be absorbing and then acting upon his message of paradise lost, I can only point to four more books within my Amazon limit, but urge all to look at my lists of books on evaluating Dick Cheney, on the case for impeachment, and on strategy, emerging threats, and anti-Americanism for good reason.

Will and Ariel DurantThe Lessons of History, a capstone volume on their 10-volume History of Civilization, tell us that MORALITY is a strategic asset that is priceless. Ron Suskind is right on target when he points out that it is this aspect–the loss of our national morality–that distinguishes the Bush-Cheney regime. Other Presidents have lied, cheated, and stolen, but this is the first in modern history to combine BOTH global imperialism AND domestic subversion on a scale that makes Richard Nixon look like a novice.

Max Manwaring, contributing editor of The Search for Security: A U.S. Grand Strategy for the Twenty-First Century, and his distingusihed authors, make the point that LEGITIMACY is the single most priceless asset for any government, for it empowers citizens and enables commerce, innovation, and civil society.

Ambassador Mark Palmer, author of Breaking the Real Axis of Evil: How to Oust the World's Last Dictators by 2025 points out that the US is not respected nor trusted in part because the Bush-Cheney Administration has chosen to be best pals with all but two of the 44 dictators in the world. Rendition, torture, warrantless wiretaping at home (including Guantanamo); deep secret and financial relations–at our expense–with 42 dictators busy looting and terrorizing their publics. Go figure….

Much of what the author has brought together is not new for those of us that continually monitor and agonize over crimes against the Republic, but I have to give him credit for crafting an elegant presentation that makes his book a moving and hence essential wake up call for the Republic. The people are NOT sovereign today, the people are sheep whose civil liberties, freedom of expression, right to bear arms, even their right to assemble, are all under attack.

With my final link, choosing from over 1,000 candidates, I conclude with a strong recommendation for the book Fixing Failed States: A Framework for Rebuilding a Fractured World. America is a failed state, and it is not just Noam Chomsky and Chalmers Johnson that are saying this, but also true conservatives steeped in thinking and integrity who are aghast at both the crimes of this Administration “in our name,” and the two clowns we have running for President, neither of whom can produce a strategy to restore America in the face of the ten high-level threats to humanity, a coherent policy matrix (twelve policies from Agriculture to Water), or a draft balanced budget and notional Cabinet proving they have a clue. They do not.

The USA has become a Third World nation. We let it happen by abdicating our moral and civic responsibilities as citizens of a Republic. Right now, regardless of who “wins” in November, we all lose. THAT is the point of this great book. The Republic is adrift and sinking fast.

Learn how to do public intelligence in the public interest at Earth Intelligence Network. It's time we take back the power.

Review: The Next Catastrophe–Reducing Our Vulnerabilities to Natural, Industrial, and Terrorist Disasters

6 Star Top 10%, Capitalism (Good & Bad), Complexity & Catastrophe, Congress (Failure, Reform), Corruption, Disaster Relief, Environment (Problems), Executive (Partisan Failure, Reform), Nature, Diet, Memetics, Design
Amazon Page
Amazon Page

Superb, Crystal-Clear, Speaks Truth to Power, April 3, 2008

Charles Perrow

Amazon destroyed this review in error and I failed to keep a file copy. This is a reconstructed review–not nearly as good as the original–nothing I can do about it.

———-reconstructed review————-

This book is a learned essay, and I immediately discerned (I tend to read the index and bibliographies first, to understand the provenance of the author's knowledge) that the author has excelled at both casting a very wide net for sources, and at distilling and presenting those sources in a useful new manner with added insights.

Key points:

Natural disasters impact on 6 times more people than all the conflict on the planet.

Industrial irresponsibility, especially in the nuclear, chemical, and biological industries, is legion, and much more potentially catastrophic than any terrorist attack. Of special concern is the storage of large amounts of toxic, flammable, volatile, or reactive materials outside the security perimeters–this includes spent nuclear fuel rods, railcars with 90,000 tons of chlorine that if combined with fire would put millions at risk.

The entire book is an indictment of the Department of Homeland Security (DHS) which the author says was designed for permanent failure (at the same time that it took over and then gutted the Federal Emergency Management Agency (FEMA)).

The author focuses on how concentrations of people, energy, and high-value economic targets make us more vulnerable than we need to be. Dispersal, and moving small amounts of toxic materials (just enough just in time, rather than a year's supply on site), can help.

The author outlines five remediation strategies:

REDUCTIONS of amounts

TRANSFERS from outside the wire to inside the wire

SUBSTITUTION (e.g. of bleach for chlorine)

MIND-SET SHIFT to emphasize public safety and regulation over profit

REFORM of the political system, where federal laws now set CEILINGS for safety rather than floors (one of many reasons we have 27 secessionist movements in the USA–the federal government is insolvent and abjectly corrupt and incapable).

We learn that post-9/11 we have spent tens of billions on counter-terrorism to ill-effect, while completely neglecting rudimentary precautions and protections against natural and industrial disasters that will inevitably turn into catastrophes for lack of competent organizations.

The author emphasizes that complex systems will fail no matter what, but it is much more dangerous to the public if the government and the industrial executives refuse to do their jobs. The author coins the term “executive failure” to describe top leaders who deliberately decide to ignore federal regulations on safety, and describes a number of situations where near-nuclear meltdown and other disasters came too close to reality.

The power grid, PRIOR TO deregulation, is treated as a model of a system that developed with six positive traits:

1. Bottom-up
2. Voluntary alliances
3. Shared facilities at cost
4. Members support independent research & development
5. Oversight stresses commonality interdependence
6. Deregulation is harmful to public safety

The author sums up the enduring sources of failure as:

ORGANIZATIONAL — flawed by design (pyramidal organizations cannot scale nor digest massive amounts of new fast information)

EXECUTIVE — deliberate high crimes and misdemeanors, seeking short-term profit without regard to long-term costs to the public safety. “We almost lost Toledo.” Buy the book for that story alone.

REGULATORY — the corruption of Congress, now known to be legendary.

The author tells us that globalization has eliminated the “water-tight bulkheads” within industries and economies, meaning that single points of failure (like the Japanese factory making silicon chips) can impact around the world and immediately. The author prefers to nurture networks of small firms, and this is consistent with other books I have read: economies of scale are no longer, they externalize more costs to the public than they save in efficiencies.

The book ends with an overview of the Internet, which is not the author's forte. He notes that our critical infrastructure is connected to the Internet, but I like to add emphasis here: all of our SCADA (supervisory control and data administration) are on the Internet and hackable.

I like very much the author's view that Microsoft and others should be held liable for security blunders that cost time and money to the end users. I recall that Bill Gates once said that if cars were built like computers they would cost very little and run forever….to which the auto industry executive replied: yes, and they would crash every four blocks and kill every fourth person (or something along those lines). We still do not have a desktop analytic suite of tool because of proprietary protections for legacy garbage.

I am certain that We the People can live up to the promise contained in Collective Intelligence: Creating a Prosperous World at Peace which, as with all books I publish, is free online as well as being offered by Amazon for those who love to hold and read and annotate hard copy.

Here are other books I recommend all of which support the author's very grave concerns about our irresponsibility as a Nation:
Pandora's Poison: Chlorine, Health, and a New Environmental Strategy
The Blue Death: Disease, Disaster, and the Water We Drink
The Cheating Culture: Why More Americans Are Doing Wrong to Get Ahead
The Informant: A True Story
Conspiracy of Fools: A True Story
The Republican War on Science
The Price of Loyalty : George W. Bush, the White House, and the Education of Paul O'Neill
The Soul of Capitalism: Opening Paths to a Moral Economy
The Long Emergency: Surviving the End of Oil, Climate Change, and Other Converging Catastrophes of the Twenty-First Century

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Worth a Look: Book Reviews on Evil

00 Remixed Review Lists, Atrocities & Genocide, Banks, Fed, Money, & Concentrated Wealth, Capitalism (Good & Bad), Censorship & Denial of Access, Corruption, Crime (Corporate), Crime (Government), Culture, Research, Power (Pathologies & Utilization), Worth A Look

Evil

Review: The Lucifer Principleā€“A Scientific Expedition into the Forces of History (Paperback)

Review: The Manufacture of Evilā€“Ethics, Evolution and the Industrial System

Review: The Marketing of Evilā€“How Radicals, Elitists, and Pseudo-Experts Sell Us Corruption Disguised As Freedom (Hardcover)

Review: War, Evil, and the End of History

NOTE:Ā  There are enormous amounts of evil depicted across all of the lists in the negative master list.Ā  This just focuses on the few that have evil (or Lucifer) in the title.

Worth a Look: Book Reviews on General & Specific Corruption 2.0

00 Remixed Review Lists, Censorship & Denial of Access, Complexity & Catastrophe, Congress (Failure, Reform), Corruption, Crime (Corporate), Crime (Government), Crime (Organized, Transnational), Culture, Research, Economics, Education (General), Empire, Sorrows, Hubris, Blowback, Environment (Problems), Executive (Partisan Failure, Reform), Impeachment & Treason, Misinformation & Propaganda, Politics, Power (Pathologies & Utilization), Science & Politics of Science, Secrecy & Politics of Secrecy, True Cost & Toxicity, Worth A Look

UPDATED 27 February 2013.Ā  See also Corruption (207 Books) and original list Worth a Look: Book Reviews on Government Corruption

Continue reading “Worth a Look: Book Reviews on General & Specific Corruption 2.0”