Knock Knock. Hugo's there?

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Remember when Hugo Chavez wrinkled his nose from the podium of the United Nations General Assembly and claimed to detect a whiff of sulphur in the room? A sign of the recent presence of the imperial devil in the form of George Shrub (Bush Jr.)?

Three-quarters of the assembly giggled loudly, as was intended. They recognized the Michael Moore or Jon Stewart style of irony. The entire American delegation walked out, however, in what was obviously a rehearsed and planned move. They then launched a ferocious campaign depicting Chavez as some sort of unstable whacko. He must be bi-polar at least, right?

Can you imagine what hemispheric relations might be like if an American President had the presence of mind to join in the laughter and invite Hugo to Washington for some tough minded honest debate? Do you really think the likes of Cuba's Fidel Castro and Brazil's Lula da Silva could spend hours in conversation with an idiot, if Chavez were just that idiot? There must be something more to the fellow than we are led to believe by our mainstream media.

One possible source of additional information, Oliver Stone's new documentary "South of the Border", isn't showing anywhere near me yet. The DVD won't be out until October. Funny, I had no problem getting to see Michael Moore's "Sicko" when it was released. Care to speculate on the difference?

In the meantime, assuming neither Oliver Stone nor Michael Moore are scheduled to read this blog today, I will ask anyone who knows them both to make the following suggestion.

Take one part "Inconvenient Truth' using the format of a TED-like lecture with giant graphs showing the numbers, perhaps with Paul Krugman playing the part of Al Gore; add a zest of man-in-the-street or women talking around a kitchen table interviews to illustrate the realities of life, somewhat the way residents of France did in "Sicko"; now add a double shot of Oliver Stone doing the kind of intimate interview with Paul Volker that he did with Fidel Castro in "Comandante'; juxtapose that segment with Fareed Zakaria facing a panel of three: Michael Moore, Oliver Stone and Jesse Ventura, not as the host, but as the guest for a change, with Fareed on the hot seat to answer questions concerning his own proud capitalistic economic assumptions; and finally, perhaps as a special feature on the eventual DVD release, have Noam Chomsky lay down a voice-over audio track analyzing and restoring the deep structure underpinnings of a good number of the ambiguous statements likely to merge from all the preceding.

Oh, what is the theme for all this you ask?

I suggest the title be 'Confounded Interest' and that the task be to show the role and impact of compound interest on human behaviour. Whether on credit card debt, national and international debt, mortgage debt, or the crowbar wielding friendly neighborhood loan shark.

Oliver, Michael, I dare you. Nobody could do it the way you two could. Jesse is there to protect you.

Don't worry about distribution.

I'll pitch it to Tony Burman for you.

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Why Fidel? Why not Lula instead?

Friends are asking why I follow Fidel Castro's blog so faithfully and why people like Oliver Stone are giving the likes of Hugo Chavez any benefit of doubt. Why not Lula da Silva instead, the remarkable President of Brazil?

That is a legitimate question, more subtle than we think.

Is my harping on Fidel naïve or ignorant of reality under that controversial regime?

I certainly hope not. For those who might not know, I speak Spanish fluently and the perspective of Cuba in this blog is based on pretty close interest since 1962.

I am not oblivious to the fact that a significant minority, perhaps even a majority of Cubans are keen for domestic change. The same old faces and political leadership can seem pretty dreary to us after as little as eight or ten years, let alone after 51 years, which is the case in Cuba.

What I still find fascinating in the midst of this disquiet, however, is how insightful old people can become when they no longer need to embellish the truth for tactical effect. They begin to tell it as it is. That is what I am hearing from friends in Cuba who are old enough to remember life before the revolution, some who have supported the revolution, grown fed up with it at times, but still see powerful and truthful elements in its rationale.

Now even Fidel has begun to comment more philosophically on foreign policy at least. Few of us ever expected him to soften because he has been so stridently defensive about his domestic record over the years, but he is surprising us recently with some pretty pithy cracks about his own political naïveté, especially as a proxy during the Cold War.

I think his speech to the National Assembly on August 7th should be taken in that context, as one more in a sequence of recent blogs he's written that differ substantively from anything prior.

The speech was framed as a direct plea to President Obama to deviate from standard military dogma on nuclear confrontation, especially when married to the Bush-Cheney approach to pre-emptive intervention. Fidel pleaded with Obama to explore alternative scenarios that include more third-world and southern hemispheric perspectives.

What seems sincere in Castro these days is his placing such pleas in a context of environmental and historical concern typical of someone who is now looking beyond the immediate, someone considering longer term human and planetary considerations. He is indeed sounding more like an old warrior digging deeper into even his own motives and earlier justifications for the preemptiove use of force.

In a somewhat ironic twist, I think he has been influenced as much by the likes of Lula da Silva and other modern southern leaders as he might have once inspired them.

A whole new generation of leaders has emerged in the southern hemisphere and in parts of Asia that the industrial empire and media have yet to understand and that emerging alternate information channels such as Al Jazeera English and Internet social media are now by-passing.

Yes, Obama recognizes the inherent danger of so many nuclear weapons and he has made efforts to reduce that arsenal. But his most ardent supporters are concerned by the apparent impact on him of the remorseless daily briefings from a Defence establishment permeated by precedent, wealthy vested interests and, most of all, deep secrecy camouflaged from civilian oversight.

Hence the drama over the recent WikiLeaks documents.

The reason WikiLeaks so easily fought off ferocious accusations of betrayal and troop endangerment last week is the sinister and cynical disregard for the truth to which the world grew accustomed during the Nixon and Cheney dynasties in foreign policy. Truth be known, the deception has been pervasive in all imperial regimes and we goof badly by dismissing such allegations as mere neo-con ranting or off-beat whacko conspiracy theory. A case could be made that only Eisenhower and Carter were honest American brokers in the last century

Careful semantic, syntactic and logical analysis of the utterances of our current crop of leaders and their legions of lobbyist sponsors would expose an immense subconscious maze of pre-supposition and deception to which we, the consumers of that propaganda seem oblivious.

That stupor is the cause of my increasignly strident diatribe against our press and commercial massmedia. If this blog has any dominant obsession, it is that our paid language professionals are failing utterly in their duty to expose the underlying presumptions and breaches of logic in the public and democratic dialogue.

The challenge for me in this blog, now that I've identified that as a scope and theme even when I no longer have such an easy target as Lou Dobbs to pick on, is to gradually morph from merely saying the media are perverting democratic dialogue to explicitely demonstrating how they do it.

That is what I aspire to over the next two to three years, drawing examples from local, national and international reportage.

In the interim, placing the contemporary speeches of Fidel Castro side-by-side with those of other world leaders is not a bad place to start given the themes Fidel has decided to highlight in his 'legacy' years.

Popping the Fiscal Balloon

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It was one of the most electrifying moments in modern political television... for those who had ears!

"Should we lower the debt or flood the world with trillions of dollars in cash?" asked Fareed Zakaria.

In the red corner, Nobel sanctioned economist Paul Krugman was advocating more money, lots of it, now. In the blue corner, word-merchant historian Niall Ferguson countered for immediately reducing the debt.

In case you missed it... and many did 'miss it' even though they watched it on CNN's GPS, here's the layman's translation.

Imagine your brain sprung a leak to the outside of your skull, you would die if the hole weren't plugged. On the other hand if only one artery developed a bubble inside your skull putting pressure on the surrounding tissue, you would poke a hole in the bubble, relieve the pressure, then strengthen the artery so it wouldn't happen again. That's called an embolism. The rest of the brain would be fine. Embolisms can be fixed.

In economic terms, Ferguson is warning us that rampant debt is a financial leak threatening the entire system.

Krugman, on the other hand, counters that debt is just part of the economy. The real threat is cumulative charges, interest and profit on the debt, an expanding embolism, susceptible to regulatory popping and remedial cauterization.

But Krugman goes farther. Much farther! He calls it the "phantom in the room".

Brrr, feel the chill of fear?

The financial community is loath to talk about this ghost because we ordinary mortals might actually begin to understand. The high priests dare not give it a simple name, like profit, for fear we masses will lose faith.

Like a magician who slips and nearly reveals how a trick is done, Ferguson almost blew it. He euphemized so accurately, so close to the truth, you could almost feel the collective fiduciary scrota shrinking around the globe. Millions of high finance testes running for pubic cover, wincing in anticipation of this catastrophic blow to their semantic groin.

"Fiscal Credibility", Ferguson intoned. "Nasty Fiscal Arithmetic". "Domestic appeasement of local interest (lobby) groups". "Once you find interest rates rising..."

The phantom stirred.

Then Zakaria rescued him. "So what's the solution?"

Caught in his own dangerous rant, Ferguson scrambled for cover. "Radical fiscal reform". "Flat tax". "Cut entitlement programs". Gawd forbid we should reduce our profit. A flurry of semantic transformations to re-bury the deep structures of the daemon he had nearly exposed.

The world's banks must have heaved a huge sigh of relief. Krugman wasn't in the studio at the same time to pounce on the gaff, to expose the lie, to dress the naked emperor.

An embolism of what ... greed? Good grief!

What might Krugman have said?

Except for natural disasters like the recent one in Haiti, countries rarely fail to repay their real debt, the actual amount they initially borrowed. Every other instance of fiscal collapse in the history of the world has stemmed from an inability to keep pace with ballooning compound interest on the debt, not the debt itself.

Insatiable greed.

Krugman had been brutal in anticipation. He whisked so close to naming the beast himself. "Bond Vigilantes" he called them at one point. The viscerally corrupt curia of collusion among the banks and the insurance companies who are siphoning the wealth of humanity into gated backwaters of privilege and impunity.

Of course, there are legitimate costs incurred by those who lend and those who insure us against unforeseen misfortune. They are also entitled to make an income. However, those costs should be calculated transparently based on the true actuarial risk of default or accident. Far from such a fair return, the current banking and insurance industries, no matter how low interest rates appear to be right now, continue make obscene profits from the cumulative effect of compound interest. Interest upon interest, upon interest... ad infinitum.

That is the phantom in the room!

It is the omnipresent and never-to-be named threat, not from the borrowers, not from the actuarial risk of capital default, but from the arbitrary whim of exponential greed that cranks the interest rate up to whatever the market will bear in good times, or simply threatens to do so in bad times.

Krugman's "Phantom in the Room".

Decades of political advocacy and activism haven't a fraction of the power and influence of thirty seconds of reversing an embedded pre-supposition.

Fareed, I dare you. Just one minute a week. Have an impartial and professional semanticist analyze a single utterance from the week's news coverage. Maybe just before your closing soliloquy and book recommendation. You might go down in history as having single handedly rescued democratic dialogue, and governance..

It's time someone stuck a linguistic finger down our throat and induced a little purge to clear the bullcrap.

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Oliver Stone and Jesse Ventura

Beginning with his 2003 documentary on Fidel Castro, Oliver Stone went from being a film maker to becoming a journalistic legend.

There is no more poignant moment in the history of modern documentaries than when Castro asked him if he had ever experienced deadly combat. Stone's response and El Comandante's visceral reaction transformed a mere film into history in its own right, perhaps even literature. His follow-up study of Hugo Chavez will further the task of restoring American journalism to legitimacy.

Harold Bloom might have to canonize him as the first entry in the era of Web 3.0 and Jesse Ventura is ready to make him a mandatory part of high school curricula throughout the United States. Even more gratifying would be to see Howard Kurtz, CNN's self-congratulatory parody of mass media conscience, succumb to the same devastating comparison as destroyed Lou Dobbs when Fareed Zakaria hit the air waves. Kurtz's 'Reliable Sources' is Pablum and deception, if only by ommission.

The issue, of course, is what Ashis Nandy calls "a world where the idiom of dissent is increasingly being defined at the centers of conformity."

Our mass media.

As if to highlight the fact, nearly every major US network rushed to interview Maziar Bahari last week, taking great pains to celebrate the first aniversary of how social media like Twitter and Facebook allowed coverage of the riotous aftermath to the Iranian elections last year. None has reported the same syndrome at the heart of their own coverage of American health insurance, interest on international debt, the Helms-Burton sabotage of Cuba's basic livelihood , or the depletion of major aquifers. This isn't just ironic, it is blatant deliberate hypocrasy.

The whole charade will come to a full head a year from now when Oliver Stone releases his next major work, 'The Secret History of the United States'. The ten hour extravaganza will expose over a century of comprehensive manipulation of mainstream media, a betrayal of democracy and Western civilization that is all the more insidious for being deliberately disguised, self-imposed and perpetuated by the media empire itself.

It might further transform Oliver Stone, the mere film maker and literary critic, into the 21st Century's first prophetic historian. (sic)

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