Friday 24 March 2023

'all crimes should be investigated' (london or some babylon of the future)


crime - wooo- bad. 

political philosophy has done its finest work and we debate the eternal verities. and while other states appoint eurobankers such as mario draghi etc.(to defend them from austerity). adverts show red riding hood and the wolf dressed as her grandmother having a great liberating rock and  roll time together. 

we ourselves appoint hedge fund managers (to defend us from rampaging capitalism) (well actually we didn't get asked about the current hedge fund manager turned prime minister, and actually when asked his party said no (but we got him anyway)). while all of this, what happens? 

his successor in waiting (the grand inquisitor) chooses the least illuminating ground (crime) on which to fight the election. 

crime -wooo - bad. (god give horsemouth strength)

won't somebody phone a policeman (er. no on second thoughts best not). 

the fire brigade then. er. no. 

'our paris, the paris in which we were born... is disappearing. I am a stranger to what is coming and to what is here, as for example to those new boulevards which have nothing of balzac's world about them but make me think of london or some babylon of the future.'  - the goncourt brothers, 18th november 1860 (note the shift between the 'we' and the 'I' - and yet the two brothers would still have been writing it together). 

paris (capital of the 19th century) has some mobs active (we are in to the eight or ninth day of the new commune). those wide boulevards are supposed to be unblockable by barricade and to permit the troops to move easily around the city. macron (rat man II) wants to roll back the protections for older workers - he wants to push the retirement age back to 64 (and sweat another two years out of the saps).

this will (of course) solve all the problems of french capitalism.

horsemouth is a little more worried by the banks. he is worried that they may go into credit crunch  spasm again (following the credit suisse thing, and the silicon valley bank thing). once again there is a problem with CDOs (collateralised debt obligations) - the problem is that they are big complicated baskets of commodities that are supposed to produce a stable return whatever happens, however when bad news strikes it is difficult to work out what their value actually is. panic sets in. hey ho. 

everyone is hastening to assure us it is not like 2008 all over again (well maybe just a little bit).

horsemouth is particularly excised because he wants the communal endeavour to borrow money, to purchase housing, to get more rent money in, to pay  the central costs. it was not (in any event) the best possible time to do this anyway (interest rates are high and it would have cost them more than at any time in the previous 20 years) and it may now have become impossible. 

and it is certainly taking its time.

we are about four weeks off the annual general meeting (the AGM) of the communal endeavour - horsemouth is preparing his arguments. (it was keeping him up at night).  

meanwhile horsemouth has been reading his way through the social housing decarbonisation fund grant funding agreement. 

it looks like it should all work. there's a launch event - the endeavour are too small in the scheme of things to physically attend but may be there on zoom etc. 

today horsemouth will go for a walk around and he will go play some more music and he will do some more reading of official documents. 
 

 

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