Thursday, February 10, 2011

The Law of Unintended Consequences

From wiki: The law of unintended consequences is an adage or idiomatic warning that an intervention in a complex system always creates unanticipated and often undesirable outcomes.[2][3][4][5] Akin to Murphy's law, it is commonly used as a wry or humorous warning against the hubristic belief that humans can fully control the world around them. Many fields of study in the sciences and humanities embrace this concept, including economics, history, philosophy, political science, and sociology.

The world will come to know this adage.

This is what happens when one constant, greed in the extreme, couples with another constant of human nature- that of fear and punishment avoidance. A scenario of economic ruin is developing. Rather than face the punishment or consequences of their actions, human beings seek to avoid punishment at all costs. They think they can plot an escape. This willingness to avoid punishment at all costs sets a foundation for desperate acts. Thus the offenders set off a chain of events that casts a wide net and ensnares the entire planet. The subsequent effects are devastating to billions. Governments get toppled, human beings suffer. There is hunger, despair, illness, and death.

This isn't some theory or science fiction novel. This is happening now. It started with the world banking cabals and it will end at their doorsteps. It is criminal behavior 101. Does Bernanke know this? Of course. He is virtually always the smartest guy in any room. Bernanke has no other choice. With a worldwide derivative exposure of over one quadrillion, Bernanke and the world's bankers, think they can avoid fate. Cheat it. Out smart it. Escape. Re-capitalize. Rather than accept their deflationary medicine, their bankruptcy and ruin- they have plotted a course that will victimize an entire planet. Facilitated by countless conspirators. Accidental conspirators. Conspirators that share the same greed and willingness to escape detection and punishment. They are all driven by the same human desires and thus they become unwitting accomplices at best. All of them trying to save faces, careers, and fortunes. Many will escape. Some will not. It will all get sorted out one day.

This is the law of unintended consequences. One big series of mistakes compounded by more mistakes and a course of action that simply buys a little time but not the ending. Fate has patience.

Years ago, as a young cop on patrol, I stumbled onto a wreck scene early one morning. The driver of the car had vanished. I recognized the car, a Pontiac GTO, because I was a motor head. I had seen the car at a party one block from my house the previous night. The car and about 200 feet of fence had been totally destroyed. I contacted the registered owner who told me over the phone that the car had been stolen. I asked him to come in and sign the car stolen. He showed up looking like hell. He had a laceration on his head, smelling like Jack Daniels. It was growing quite obvious to me that this guy might be practicing a little deception. So I offered him a deal before he signed that false police report. I told him if he would simply admit to driving and leaving the scene of an accident I would just give him a citation and he could leave. Or if he insisted on his story, I would place him under arrest for filing a false police report which was a far worse offense in terms of fine and punishment and I also thought I could make a DUI and Leaving the Scene charge stick under this particular set of circumstances. I told him that I was 100% certain that this was so and that I would be able to prove it. I thought it was a great deal. He did not.

He looked me in the eye, faked being kind of offended and indignant, and signed the form. He was going to take his chances and try to avoid the consequences. I made one phone call in front of him. The gal that owned that "party house" was a close friend of mine. She said he had been drunk as hell, they had tried to stop him from driving- but he took off anyway. About one half hour later, he had returned to the house all cut up and bleeding and told everyone he had wrecked his car. I think he had even gotten into a fight which further motivated them to talk to me. I think I had like 6 or 7 witnesses. I hung up the phone, cuffed him, and took him to jail. He could not post bond. He lost his job and he did two weeks or so in jail. The citation, had he chosen to tell the truth, would have cost him a hundred bucks and no jail time. The law of unintended consequences on a micro scale.

From a puny little stage, to the world's macro stage, human behavior doesn't change all that much. A cabal of greedy and fraud committing bankers are trying to cover their tracks. They are clearly desperate. Unwilling to face the consequences of their actions, they are willing to plunge the whole planet into an economic disaster. The stakes are outrageously high and people have died. Tunisia, Egypt, Bolivia are all experiencing chaos. Perhaps they hope, they can just inflate their troubles away. Act as though they are harmless. Buy more time. The bankers have assets at their disposal- put into place for just such an emergency. Bought and paid for politicians everywhere, an elite crowd of financed business owners, more bankers and financiers, and sweetheart helpers controlling the media outlets. Carlin was right. It's a big club and most of us aren't in it. So it is, a Ph.D from M.I.T. with a perfect 1600 SAT has charted the same course as some drunk driving kid with a junked Pontiac. People will go to any lengths to avoid the consequences of their actions. Some have a lot of tools, some don't.

It's hard not to notice the similarities.

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