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Why 95% of Traders Fail

Al Capone And The Bible, Newtown-Type Terror And Economic Terror

Politics / US Politics Dec 19, 2012 - 11:02 AM GMT

By: Andrew_McKillop

Politics

According to Dr. John R. Lott, described as one of the USA's leading gun experts,  banning gun-free schools, or gun-free zones inside schools, and allowing teachers to carry concealed weapons at all times "could help eliminate mass shootings at schools". For Lott, gun-free schools or zones inside them are like smaller and weaker nations. They become “a magnet” for deranged killers and World Tyrants who hope to burn their names into history books by running up the highest-possible body count.


Free-fire zones for bankers, brokers and traders are of course our liberal lot, a magnet for insider trading and all the rest, producing the high ground of Economic Terror to which we supposedly have no answer or alternative.  Lott is of course an unashamed gun lover and his book "More Guns, Less Crime: Understanding Crime and Gun Control Laws" is now in its 3rd edition. The answer to Newtown-type killings, from gun-crazy Alpha Males is very simple: more weapons. Since the 1990s, more financial freedom is the simple answer to all and any economic problems. Weapons for everybody!

The cult of weapons is ultimately a death cult, which itself has clear, unambiguous links with all religions. The term ‘cult of death’, in the Catholic religion is the "Vanitas theme" which emphasises the trivial and transient nature of life, at the same time it edicts that life incoporates sin, the dread of Divine retribution, the netherworld of Purgatory, and Hell. Opposing this, there is self-sacrifice for God and The Nation, and persecution of inferior or opposing cults (Jews, Muslims, Reformers, heretics and apostates, atheists, witches, and so on). Politicians, bankers, brokers and traders are not listed.

For Americans, according to Lott, although the situation is not so different in prime areas for US predator drone attacks such as the Pakistani Northwest Tribal Areas, most of Yemen, all of Somalia and Afghanistan, the dominant social belief is that people are more secure, rather than less, when firearms are readily available. If we all have weapons, as for male Swiss citizens with no criminal record, there will be peace, rather than war. Exactly the same could apply to nuclear weapons - if all nations had nuclear weapons the complete abandonment of the US drone war would be highly predictable! On the other hand it is not sure this Nuclear State of the World would mean the end of anguish. Likewise, the mishmash of new banking and financial regulations proposed by Obama and his liberal lookalikes essentially sets out to arm all players, all countries with the weapons of mass economic destruction which can only prolong and intensify the cult of Economic Terror.

PASSIVE OR ACTIVE RESIST?
John Lott is of course right: your average youthful mass killer is a coward. Faced with other armed persons, this megalomaniac acts coy and sheathes his artillery. Only the weak and the unarmed are fair game, to him. To date and in fact, especially in the US, the cult of do nothing and let things ride is the only "policy" we have, regarding the gun cult. Exactly the same applies to the cult of "free market forces" although of course we will not hear Obama promoting Gandhi-type passive response to the actions of young American male gun freaks suffering so-called "personality disorders", while rapid firing high frequency traders are occasionally wheeled into the spotlight of Bad Behavior but are certainly not deprived of their daily shoot outs, and their unrelenting cradle-to-grave trash culture of quick profits and quick losses.

For Dr John Lott and his fellow thinkers, the cancer of mass unprovoked shootings by mentally deranged young males has widely spread outside the US and most certainly includes Europe despite gun control legislation that is usually much tighter. Apart from the infamous Norwegian mass killings of 2011 (77 dead), these events also increasingly occur in other countries across Europe. The continent is also at least as far advanced in economic and financial dystopia as the US. The only question is: How can society prevent both Economic Terror and mass shootings, or are they impossible to avoid?

Whether it was Adolf Hitler or bin Laden, the tinsel world of Hollywood and mass media tells us, the megalomaniac and psychopathic mass killer himself also wanted to die. The body count of youthful mass killers in the US killing themselves, after their atrocities, is very high. About 85% of the time the killers themselves die at the scene, by suicide. Following the 2008 economic meltdown, suicides along Wall street were commonplace, even so-sadly touching the Bernie Madoff clique, but first they had to commit their financial mass killing. As John Lott observes, even when Americal gun freaks do not kill themselves after their own killings, it seems clear their intention was to die, but for some reason they were unable to successfully commit suicide. In plenty of cases they are helped to do so, either on the spot or later on in "unexplained" deaths in high security prisons.

For gun happy megalomaniacs and economic psychopaths, the goal is to kill as many people or cheat as many persons as possible, and then kill themselves knowing they will get posthumous national or even world renown. This means that not talking about their mass killings and financial frauds might in theory reduce the incentive for future copycat psychopaths to go out and commit their own crimes.

For society this is not useful information. Mass killers want to die themselves, and financial psychopaths want to destroy the economy - but before dying they want to do as much damage, kill as many persons, as possible. The natural reaction of ordinary persons is to protect themselves - ergo the sales of firearms, at least in the USA, soar after each designer massacre, and economic activity slumps after each surge in No Alternative financial fraud.

PROTECTING OURSELVES
The thing is to give people the option to protect themselves. For teenage gun freak killers, nobody has yet said we can draw on the War on Terror and its losing battle against kamikaze body bombers, who want to die but also want to kill before doing so. Wiring up each and every child, from maternal school onward with explosive vests (well concealed) might avert serial killings in school. At the slightest hint of the video game-enabled teenage killer erupting into the classroom, where the children are learning how to consume more twinkies and vote for their economic war criminal leaders, the children will self-destruct taking the would-be killer with them. As an all-new consumer must-buy, the start up companies supplying kamikaze bombing equipment for children are a possible IPO big hit of 2013. Call it Sustainable Investing.

Likewise we have the Sustainable Economy as a new want-it must-buy but exactly how it is supposed to be harmoniously mixed and mingled with the Bernie Madoff economy is not explained. One of the things I’ve written about recently is the as yet rarely made comparisons between Big Bang theory and the Growth Economy. Without economic growth, today and now, it is curtains for any of the attempts we hear about daily, to "manage the crisis". Without growth, there will be total implosion of the economy. Entire countries like Spain, Greece, Ireland and others show what happens when No Growth is placed alongside Austerity Cure. To be sure, the middle classes who still have a job can pop out to do their Christmas shopping of Chinese-made trinkets, with their credit cards, but they are no longer sure they will not be joining the ranks of the street people or more precisely the gutter people, pretty soon in the New Year. In a recession only the Born Losers lose their job and their places at the feed trough. But we have a not-so-secret Depression on our hands since 2008.

The middle classes of Christendom and further afield, today, are a lot more frightened about losing their place at the feed trough, than having their kids gunned down by a two-bit teenage psychopath. On the much more serious subject of what we should do about Economic Terror, however, the Obama clique and its lookalikes in other so-called advanced nations have as little to say, as they have to mumble and stutter about the outrage of youth mass killers armed with semiautomatic rifles. Treating both subjects as phoney crises only able to be understood by TV talking heads, doing the theatricals like wiping away a photo opportunity tear at the right moment, and muddling along, muddling through, is all we can expect from the non-leadership class, the self proclaimed global elite.

The crisis is therefore a leadership crisis. Leaders are supposed to have ideas - if they do not have ideas they should quit the scene, pronto. These phoney leaders are as unimpressive as heavily armed killers high on video game slayings, high on junk fastfood, and high on trash culture - only when they have unarmed children and innocent consumers and employees in front of them. Against real opposition they are nothing.

How we run the economy can all too easily be compared with how we run the war against rampaging youth killers: the first questions are what economy and which war?

Dozens of TV reports in dozens of countries, and a growing list of full length commercial films skate around the black hole of the post-2008 economy, but nothing comes out of this in the way of real solutions. In a likely real or regrettably possible similar way to banning guns and finding this makes things easier for gun-crazed psychopaths facing less oposition, the spate of new banking and finance regulations since 2008 are almost certainly, if unintentionally able to create bigger and better opportunities for rogue banks, brokers and traders in the US, Europe and elsewhere.

 My guess is that leaders like Obama, Merkel or whoever is in power, in Japan this week, are not deliberately pursuing an Apocalypse Now death cult, but do know their regulatory action is about as effective as only making it illegal to bring firearms with you into schools, public buildings, film theaters and supermarkets. The targeted criminals are firstly a tiny number, and secondly are not interested in abiding by the law: the criminals responsible for Economic Terror are exactly the same

By Andrew McKillop

Contact: xtran9@gmail.com

Former chief policy analyst, Division A Policy, DG XVII Energy, European Commission. Andrew McKillop Biographic Highlights

Co-author 'The Doomsday Machine', Palgrave Macmillan USA, 2012

Andrew McKillop has more than 30 years experience in the energy, economic and finance domains. Trained at London UK’s University College, he has had specially long experience of energy policy, project administration and the development and financing of alternate energy. This included his role of in-house Expert on Policy and Programming at the DG XVII-Energy of the European Commission, Director of Information of the OAPEC technology transfer subsidiary, AREC and researcher for UN agencies including the ILO.

© 2012 Copyright Andrew McKillop - All Rights Reserved Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisor.

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