Embed this noticepistolero (p@fsebugoutzone.org)'s status on Monday, 12-Jan-2026 02:53:09 JST
pistolero> Glass-Steagall's repeal fucked tech completely by creating the VC rush of the early 00s, but it also cranked up the shitty movie factor to eleven. You think, like, a 60-year-old banker in 2000, his heyday was 1960, so the market was flooded with boomer nostalgia and zombie movies and whatnot. The repeal of Glass-Steagall was the fall of the last barrier that had been keeping the money dicks from turning everything into an investment scheme: art, tech, everything. That was the end of the real world and the beginning of Total Neolib Victory: the Human Instrumentation Project, the fever dream of Bob McNamara and every other banker. The end of the world. And now here we are.
Bears repeating.
Here's a photo of a tit in case you are depressed by the above. 1000w.jpe
@judgedread@p As long as they have access to primary dealers from the Fed they will never, ever go broke. Amazing how hard this is for some to understand
@judgedread@p Yeah, it's a little difficult to go broke when you have access to near infinite capitol. Although, it seems like we are finding the outer limits of that now. That said, it did (does) allow them to push their messaging with (as far as they could see) no negative consequences.
@Doll All I have is a bunch of this hit, does it help?
From DavidHalberstam's 1972 book ''The Best and the Brightest'', via WikiPedia:
> Bob McNamara was a remarkable man in a remarkable era; if at the beginning he seemed to embody many if not most of the era’s virtues, at the end of it he seemed to embody its pathos, flaws and tragedy...He would, for instance, lie, dissemble, not just to the public, they all did that in varying degrees, but inside, in high-level meetings, always for the good of the cause, always for the right reason, always to serve the Office of the President. Bob knew what was good for the cause, but sometimes at the expense of his colleagues. And indeed, experienced McNamara watchers, men who were fond of him, would swear they knew when Bob was lying; his voice would get higher, he would speak faster, he would become more insistent.
From his FogOfWar book:
> Lesson #9: In order to do good, you may have to engage in evil.
It is probably best to keep his outlook in mind when looking at any of his statements.
- MalthusianNihilism / ScientificGovernance
Student of HenryFord and hand-picked after WorldWarII by HenryFordII to help right the FordMotorCompany in 1946.
> McNamara was responsible for the institution of systems analysis in public policy, which developed into the discipline known today as policy analysis.
That basically ''is'' modern ScientificGovernance. He created the policy of MutuallyAssuredDestruction.
> In 1968, he resigned as secretary of defense to become president of the World Bank. He served as its president until 1981, shifting the focus of the World Bank from infrastructure and industrialization towards poverty reduction. After retiring, he served as a trustee of several organizations, including the California Institute of Technology and the Brookings Institution.
> As World Bank President, he declared at the 1968 Annual Meeting of the International Monetary Fund and the World Bank Group that countries permitting birth control practices would get preferential access to resources. During the 1975-1977 emergency in India, McNamara remarked "At long last, India is moving to effectively address its population problem," regarding the forced sterilization.
> Although by 1980 population growth was reduced to only 1.2% p.a. owing to successful family planning efforts, population expanded at about the same rate as in other developing countries from 1949-79. But despite this and despite the large weight of a tightly constrained agricultural sector, rapid expansion of industrial output (around 10% p.a. in 1957-79) has caused national income per person to grow quite fast.
-- ConfessionsOfAnEconomicHitMan by JohnPerkins
> McNamara became a strong advocate of a Keynesian approach to government, using mathematical models and statistical approaches to determine troop levels, allocation of funds, and other strategies in Vietnam. His advocacy of "aggressive leadership" became a hallmark not only of government managers but also of corporate executives. It formed the basis of a new philosophical approach to teaching management at the nation's top business schools, and it ultimately led to a new breed of CEOs who would spearhead the rush to global empire [...] > As we sat around the table discussing world events, we were especially fascinated by McNamara's role as president of the World Bank, a job he accepted soon after leaving his post as secretary of defense. Most of my friends focused on the fact that he symbolized what was popularly known as the military-industrial complex. He had held the top position in a major corporation, in a government cabinet, and now at the most powerful bank in the world. Such an apparent breach in the separation of powers horrified many of them; I may have been the only one among us who was not in the least surprised... > I see now that Robert McNamara's greatest and most sinister contribution to history was to jockey the World Bank into becoming an agent of global empire on a scale never before witnessed. He also set a precedent. His ability to bridge the gaps between the primary components of the corporatocracy would be fine-tuned by his successors. 19.jpg
@p@Doll There's two simple facts about AA. First is that it's a cult, and second is that the research and evidence doesn't support its methods (see the first point).
Judges sending people to AA, or requiring it for parole, should be considered a violation of the first amendment.
@sampler@Doll@p thing is it does operate like a cult. it's just that the religious... idk what to call it... narrative? is a really effective way to change people's behavior.