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Original idea from Phil Proctor and the Firesign Theater’s 1969 album “How Can You Be Two Places at Once When You’re Not Anywhere At All.”

 
I did some research and re-read the following from over 35 years ago, as I remembered being told at that time, I would be considered a subversive for doing so, and that just egged me on to want to read it more so.  It’s another prediction by not only the following author, but the boys of Firesign Theater as well.  Their 1969 title aptly describes the placement of our government between Socialism/Communism and Capitalism/Democracy (How can you be in two places at once?  Well we are.)
Here it is……
 
WRITTEN 160 YEARS AGO IN 1848
 
LOOKS LIKE IT HAS ALL COME TO PASS………………………NOT SO ABSURD NOW READING THIS FORBIDDEN BOOK EXCERPT (my bolding of phrases):

………We see then: the means of production and of exchange, on whose foundation the bourgeoisie built itself up, were generated in feudal society. At a certain stage in the development of these means of production and of exchange, the conditions under which feudal society produced and exchanged, the feudal organization of agriculture and manufacturing industry, in one word, the feudal relations of property became no longer compatible with the already developed productive forces; they became so many fetters. They had to be burst asunder; they were burst asunder.

Into their place stepped free competition, accompanied by a social and political constitution adapted in it, and the economic and political sway of the bourgeois class.

A similar movement is going on before our own eyes. Modern bourgeois society, with its relations of production, of exchange and of property, a society that has conjured up such gigantic means of production and of exchange, is like the sorcerer who is no longer able to control the powers of the nether world whom he has called up by his spells. For many a decade past, the history of industry and commerce is but the history of the revolt of modern productive forces against modern conditions of production, against the property relations that are the conditions for the existence of the bourgeois and of its rule. It is enough to mention the commercial crises that, by their periodical return, put the existence of the entire bourgeois society on its trial, each time more threateningly. In these crises, a great part not only of the existing products, but also of the previously created productive forces, are periodically destroyed. In these crises, there breaks out an epidemic that, in all earlier epochs, would have seemed an absurdity — the epidemic of over-production. Society suddenly finds itself put back into a state of momentary barbarism; it appears as if a famine, a universal war of devastation, had cut off the supply of every means of subsistence; industry and commerce seem to be destroyed. And why? Because there is too much civilization, too much means of subsistence, too much industry, too much commerce. The productive forces at the disposal of society no longer tend to further the development of the conditions of bourgeois property; on the contrary, they have become too powerful for these conditions, by which they are fettered, and so soon as they overcome these fetters, they bring disorder into the whole of bourgeois society, endanger the existence of bourgeois property. The conditions of bourgeois society are too narrow to comprise the wealth created by them. And how does the bourgeoisie get over these crises? On the one hand, by enforced destruction of a mass of productive forces; on the other, by the conquest of new markets, and by the more thorough exploitation of the old ones. That is to say, by paving the way for more extensive and more destructive crises, and by diminishing the means whereby crises are prevented.

The weapons with which the bourgeoisie felled feudalism to the ground are now turned against the bourgeoisie itself.

But not only has the bourgeoisie forged the weapons that bring death to itself; it has also called into existence the men who are to wield those weapons — the modern working class — the proletarians.

In proportion as the bourgeoisie, i.e., capital, is developed, in the same proportion is the proletariat, the modern working class, developed — a class of laborers, who live only so long as they find work, and who find work only so long as their labor increases capital. These laborers, who must sell themselves piecemeal, are a commodity, like every other article of commerce, and are consequently exposed to all the vicissitudes of competition, to all the fluctuations of the market.

Owing to the extensive use of machinery, and to the division of labor, the work of the proletarians has lost all individual character, and, consequently, all charm for the workman. He becomes an appendage of the machine, and it is only the most simple, most monotonous, and most easily acquired knack, that is required of him. Hence, the cost of production of a workman is restricted, almost entirely, to the means of subsistence that he requires for maintenance, and for the propagation of his race. But the price of a commodity, and therefore also of labor, is equal to its cost of production. In proportion, therefore, as the repulsiveness of the work increases, the wage decreases. What is more, in proportion as the use of machinery and division of labor increases, in the same proportion the burden of toil also increases, whether by prolongation of the working hours, by the increase of the work exacted in a given time, or by increased speed of machinery, etc…………………

…………………The less the skill and exertion of strength implied in manual labor, in other words, the more modern industry becomes developed, the more is the labor of men superseded by that of women. Differences of age and sex have no longer any distinctive social validity for the working class. All are instruments of labor, more or less expensive to use, according to their age and sex.

No sooner is the exploitation of the laborer by the manufacturer, so far at an end, that he receives his wages in cash, than he is set upon by the other portion of the bourgeoisie, the landlord, the shopkeeper, the pawnbroker, etc.

The lower strata of the middle class — the small tradespeople, shopkeepers, and retired tradesmen generally, the handicraftsmen and peasants — all these sink gradually into the proletariat, partly because their diminutive capital does not suffice for the scale on which Modern Industry is carried on, and is swamped in the competition with the large capitalists, partly because their specialized skill is rendered worthless by new methods of production. Thus, the proletariat is recruited from all classes of the population.

 

-EXCERPT FROM    THE COMMUNIST MANIFESTO

 BY KARL MARX (NOT GROUCHO)

HIS PREDICTIONS ARE SPOT ON AND WE ARE RIGHT NOW WHERE HE DESCRIBES PURE CAPITALISM TO BE AT IT’S ULTIMATE PROCESS, SO WE NOW WE VENTURE INTO GOVERNMENT OWNING THE MEANS OF PRODUCTION (COMMUNISM) AND BUSINESS SOCIALISM

YOU, THE READER, WILL DECIDE WHAT WILL BE THE OUTCOME.  I AM ONLY THE CHIRPING CANARY IN THE COAL MINE.  THE FUTURE’S UNCERTAIN AND ALWAYS WILL BE.

Few people understand futures and options contracts on the open market, if one could call it that.  Essentially, what we humans do is write on a piece of paper a price and a date for commodities such as oranges (Think Eddie Murphy in Trading Places), coffee, pork bellies, grain, and the most talked about today-oil.  The futures pit used to be a place to hedge bets against a bad crop or to ensure future supplies at a pre-negotiated price.  In this era, less than 1% of all futures contracts written will ever see the light of day in delivery of those items.  It is all about shuffling the paper to stick the other guy with the speculative prices that a few million dollars has jacked-up.  It isn’t like the stock market where millions of shares worth hundreds of billions can be manipulated and are….but not as easily.  Leverage my friends is the “Power of the Schwartz” that allow few to make millions and now as the opportunists see the advantage of that leveraging, they are throwing their fund’s dollars at the commodities in anticipation of the same stupid hopes that the housing market counted on-that nothing ever goes down.

Now pretty brunettes can espouse all they want on CNBC about how the “free market” sets these prices and to dare to tamper with this “free enterprise” would be akin to sacrilege and completely throw our capitalist standards to the wind- forever shall we be damaged.  Never mind we’ve been adjusting the rules of the “free market” ever since there was a free market.  Derivatives did their damage in the nineties and those same geniuses brought us the CDO’s and other money-making “instruments” designed to ensure profit and lure in millions of investment dollars to make millions more in speculative endangerment to our species.  What the hell ever happened to investment?  One would buy a stock to invest in the future of a company, not buy a future to hope to put it to someone else on the food chain before time runs out.  These same talking brunettes tell you that it is demand and supply, and to a certain extent it is, however prices for oil have exploded in the face of less demand here and abroad.  How is it that we allow a small group of speculators to set the prices for oil that Exxon executives love to point to when questioned?  Because we are irrational idiots.  These are professional horse traders not oil men, drillers, refiners, wildcatters, and have well-manicured nails with no calluses on their hands.  They are toying with our financial system.

Here’s a possible solution for oil futures:

1.  One can only buy contracts of tanker loads with a minimum 250,000 DWT (Dead Ton Weight)

2. Any new futures contract must be bought at a time period at least 15 days out, not for that day of purchase.  Anyone holding older contracts can sell them but only in the month of expiration.

3. An oil futures contract cannot be traded until that contract month begins.

4.  Any contract that does not trade must take delivery at expiration. (Just have that tanker show up on the East River outside their palatial condo)

5. Apply similar standards to all other futures contracts in varying degrees.

 Now I guarantee you that prices on all commodities will fall to their real level of worth within days and oil will be at $50 a barrel overnight.  Too bad those who make all that money at the expense of our national economy don’t give a damn about their own country as much as they do about making profits at the expense of their country and country-men and women.  If they try to move the exchange to overseas, then we negotiate with that government to put the same rules in place.  It is to their advantage to do so and we give them enough foreign aid to help them keep illegal speculation at bay.  It would be cheaper than finding Bin Laden.

We need to take our futures back, now!

 

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