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The Meaning of “Austerity”
Corbett Report
Tuesday, June 22, 2010
“Austerity” is one of those Orwellian terms that has been injected into our political discourse precisely because it is a nice-sounding word for a very painful reality. “Austerity” implies discipline, self-restraint, even nobility. “Austerity” is prudent. “Austerity” is modest. “Austerity” is a virtue. It is an end in itself.
If the IMF or the European Central Bank come to the people of a collapsing European nation and tell them to sacrifice their pensions and their savings and their very standard of living all for a debt that their government has fraudulently racked up in their name, no one would go for it, and rightly so.
But tell those same people that they need to implement “austerity measures” in order to “get back on their feet” economically, and many will be willing to live in the harshest of conditions, content to put up with the dismantling of their nation itself in the vain hope that by giving more power to the international financial institutions they can somehow avoid economic collapse.
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10 Responses to “The Meaning of “Austerity””
1. Quantummonkeybutt Says:
June 22nd, 2010 at 7:54 am
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“Doublethink Means The Power Of Holding Two CONTRADICTORY Beliefs In One’s Mind Simultaneously, And Accepting BOTH Of Them.”
“Political Language… Is Designed To Make LIES Sound Truthful, And MURDER Respectable, And To Give An Appearance Of Solidity To PURE WIND.”
- George Orwell; Author, ‘1984′, ‘Animal Farm’
———————————————————————————————————–
wildcat Reply:
June 22nd, 2010 at 2:53 pm
Funny how they talk about “austerity”, yet everyone is pressured through advertising to buy plasma screen TV’s, iPads console games, mobile phones and broadband internet. Even then products are manufactured abroad to keep prices down.
The only place austerity can go to is onto salaries and pensions, but that will have the affect of driving prices down anyway – manufacturers will have to cut prices otherwise they won’t make sales.
2. American Dystopia Says:
June 22nd, 2010 at 7:59 am
Nice video, it hit the nail on the head.
We all wonder what the N.W.O. is. Who is or isn’t part of it. My belief is the N.W.O. is bankers and only bankers everyone else is on the outside even the dreaded bilderbergers are their unwitting tools. It’s like the saying goes follow the money. Well where dose the money come from? It doesn’t come from governments or corporations it comes from banks. Once created money owed plus interest, where is it owed? Banks.
Quantummonkeybutt Reply:
June 22nd, 2010 at 8:18 am
“People Always Fear Change. People Feared Electricity When It Was Invented, Didn’t They? People Feared Coal, They Feared Gas-Powered Engines…There Will Always Be Ignorance, And Ignorance Leads To Fear. But With Time, PEOPLE WILL COME TO ACCEPT Their SILICON MASTERS.”
- Bill Gates; Founder Of Microsoft, Eugenicist Psychopath
Quantummonkeybutt Reply:
June 22nd, 2010 at 8:35 am
“SINCE WHEN Has The World Of Computer Software Design Been About What PEOPLE Want? This Is A Simple Question Of EVOLUTION. The Day Is Quickly Coming When EVERY KNEE WILL BOW DOWN TO A SILICON FIST, And YOU WILL ALL BEG YOUR BINARY GODS FOR MERCY.”
- Bill Gates; Founder Of Microsoft, Eugenicist Psychopath
3. UK Lyn Says:
June 22nd, 2010 at 8:27 am
Austerity for me means we garrote the banksters to save money cutting 6 feet of good rope…
Keep reminding people these are self-inflicted globalist bankster debts, not ours.
Today (here in the UK), 1/5 of the cost of everything I buy goes to taxes, with sales tax up from 17.5% to 20% come January. Think, that’s one whole fifth, and that’s after they already took 40% of all I earn at source.
If I take insurance – they tax it!
They tax me to watch tv
They tax me to drive a car
What the hell !!
4. asperger Says:
June 22nd, 2010 at 8:40 am
reasoned, succinct, and well spoken. Thanks
5. metoo Says:
June 22nd, 2010 at 9:55 am
This is not just an economic collapse. This is a collapse of society – ALL society – including the the financial industry, food supply industry, the medical industry, the “health” industry, the welfare system, the energy industry. The manufacting industry collapsed quite awile ago. The media lost it’s way a long time ago.
The Nazi’s look like toddlers compared to the hate that we will endure or not.
6. Invictus Says:
June 22nd, 2010 at 2:16 pm
Very well done, as always. Top-notch reporting and writing. I always look forward to Corbett’s reports. He really hit the nail on the head.
7. Leave it to Beaver Says:
June 22nd, 2010 at 5:00 pm
I think austerity is like wringing liquid money out of the wet towel of society. The people doing the twisting don’t care if they damage society. They intend to rebuild it in their image anyway.
Join the discussion, sign up/login to post a comment!
Corbett Report
Tuesday, June 22, 2010
“Austerity” is one of those Orwellian terms that has been injected into our political discourse precisely because it is a nice-sounding word for a very painful reality. “Austerity” implies discipline, self-restraint, even nobility. “Austerity” is prudent. “Austerity” is modest. “Austerity” is a virtue. It is an end in itself.
If the IMF or the European Central Bank come to the people of a collapsing European nation and tell them to sacrifice their pensions and their savings and their very standard of living all for a debt that their government has fraudulently racked up in their name, no one would go for it, and rightly so.
But tell those same people that they need to implement “austerity measures” in order to “get back on their feet” economically, and many will be willing to live in the harshest of conditions, content to put up with the dismantling of their nation itself in the vain hope that by giving more power to the international financial institutions they can somehow avoid economic collapse.
10 Responses to “The Meaning of “Austerity””
1. Quantummonkeybutt Says:
June 22nd, 2010 at 7:54 am
———————————————————————————————————–
“Doublethink Means The Power Of Holding Two CONTRADICTORY Beliefs In One’s Mind Simultaneously, And Accepting BOTH Of Them.”
“Political Language… Is Designed To Make LIES Sound Truthful, And MURDER Respectable, And To Give An Appearance Of Solidity To PURE WIND.”
- George Orwell; Author, ‘1984′, ‘Animal Farm’
———————————————————————————————————–
wildcat Reply:
June 22nd, 2010 at 2:53 pm
Funny how they talk about “austerity”, yet everyone is pressured through advertising to buy plasma screen TV’s, iPads console games, mobile phones and broadband internet. Even then products are manufactured abroad to keep prices down.
The only place austerity can go to is onto salaries and pensions, but that will have the affect of driving prices down anyway – manufacturers will have to cut prices otherwise they won’t make sales.
2. American Dystopia Says:
June 22nd, 2010 at 7:59 am
Nice video, it hit the nail on the head.
We all wonder what the N.W.O. is. Who is or isn’t part of it. My belief is the N.W.O. is bankers and only bankers everyone else is on the outside even the dreaded bilderbergers are their unwitting tools. It’s like the saying goes follow the money. Well where dose the money come from? It doesn’t come from governments or corporations it comes from banks. Once created money owed plus interest, where is it owed? Banks.
Quantummonkeybutt Reply:
June 22nd, 2010 at 8:18 am
“People Always Fear Change. People Feared Electricity When It Was Invented, Didn’t They? People Feared Coal, They Feared Gas-Powered Engines…There Will Always Be Ignorance, And Ignorance Leads To Fear. But With Time, PEOPLE WILL COME TO ACCEPT Their SILICON MASTERS.”
- Bill Gates; Founder Of Microsoft, Eugenicist Psychopath
Quantummonkeybutt Reply:
June 22nd, 2010 at 8:35 am
“SINCE WHEN Has The World Of Computer Software Design Been About What PEOPLE Want? This Is A Simple Question Of EVOLUTION. The Day Is Quickly Coming When EVERY KNEE WILL BOW DOWN TO A SILICON FIST, And YOU WILL ALL BEG YOUR BINARY GODS FOR MERCY.”
- Bill Gates; Founder Of Microsoft, Eugenicist Psychopath
3. UK Lyn Says:
June 22nd, 2010 at 8:27 am
Austerity for me means we garrote the banksters to save money cutting 6 feet of good rope…
Keep reminding people these are self-inflicted globalist bankster debts, not ours.
Today (here in the UK), 1/5 of the cost of everything I buy goes to taxes, with sales tax up from 17.5% to 20% come January. Think, that’s one whole fifth, and that’s after they already took 40% of all I earn at source.
If I take insurance – they tax it!
They tax me to watch tv
They tax me to drive a car
What the hell !!
4. asperger Says:
June 22nd, 2010 at 8:40 am
reasoned, succinct, and well spoken. Thanks
5. metoo Says:
June 22nd, 2010 at 9:55 am
This is not just an economic collapse. This is a collapse of society – ALL society – including the the financial industry, food supply industry, the medical industry, the “health” industry, the welfare system, the energy industry. The manufacting industry collapsed quite awile ago. The media lost it’s way a long time ago.
The Nazi’s look like toddlers compared to the hate that we will endure or not.
6. Invictus Says:
June 22nd, 2010 at 2:16 pm
Very well done, as always. Top-notch reporting and writing. I always look forward to Corbett’s reports. He really hit the nail on the head.
7. Leave it to Beaver Says:
June 22nd, 2010 at 5:00 pm
I think austerity is like wringing liquid money out of the wet towel of society. The people doing the twisting don’t care if they damage society. They intend to rebuild it in their image anyway.
Join the discussion, sign up/login to post a comment!
