Common Cents

Death of a Process

Ralph Murphy

(5/2) Legal resolve and Worldwide enforcement of "stay at home" orders due to the Coronavirus virus has been spotty, but the social and economic impact deeply intrusive for the marginal health concern. The United Nations Geneva based World Health Organization had issued a public health emergency 29 January warning of a pandemic disease spreading from Wuhan, China late last year. It is a flu strain and follows a very familiar campaign type promotion effort that used to affect health care system funding for Medicare, Medicaid, as well as related industries in that field. It’s healthcare equivalent of a world war to the defense department. The edict was followed by the DHS triggering a Public Health Service Act provision that provided presumed legal authority for unrestricted domestic controls linked to the flu. Much of the rest of world followed in legislation and warnings.

The difference with this act as opposed to others such as Avian flu of the 1990 s or SARS and Mers shortly after is the confluence of political degradation and abuse of power that paralleled a break down in self policing of a now mostly defunct New York based control guild by last year. The group had controlled politics, the economy, as well as security organs and the media to include entertainers, but became dangerously detached from demand signals or majority interests in their foreign and domestic edicts and policy commitments. Consolidation of cyber or monetary assets spells power and given an unforeseen ability to store both in modern metadata they centralized their own eccentricities terminally divorced from even its foundational sourcing.

Varied legislation as the Dodd Frank repeal and tax program accounting review were introduced and the guild had lost its empowerment now returned to consumer accounts rather than that team. They seem to be trying a social coercion measure with the Coronavirus theme as the broker angle for fund sourcing along with the varied governing institutions that realigned with new market based legislative policies. There are varied programs to include the world common markets that had been maintained or made possible by non disclosed or poorly scrutinized bank leaks that were recently "plugged" for the first time in modern history with security teams and accord to enable a de rigged corporate structure no longer obliging the cartels.

It has exposed a devastated British linked front group that was relatively plausibly useful or debate worthy professional during the Cold War with the East, but now a security concern as they lack a product base or produce team but presume to lead them. They heavily penetrated even military and security organs worldwide but to include the Americans that had to optimally function so largely left them in realignments. From an educated guess it seems Langley domestic interests internally relocated. The Brits and their entertainer allies are still there and support this civil guild remnant by implied strength or whatever the Russians can do alone. It’s gridlocked as the remnant so primitive to system support but they can still mount the presumed health linked campaign and it has affected everyone though lacks enforcement beyond police authority often linked to Russian intelligence or unions that backed them over the years.

Their technological control is comically primitive but effective on the same quality curve or where physical prowess can yield result. Top intelligence can just intercept information that used to take life or death efforts and endless interactive tradecraft pre cyber per security need. The Russians and Brits can’t from there. In a " nutshell" intelligence now backs impersonal security need of competing market producers along with emergent federal legal groups that used to enforce the older guild edicts though often illegal as the rigging seemed plausible. That leaves the old guild guard without funding and every indication is they lack enough leverage to restore access to an accessible and consistent or guaranteed income as again the older theft patterns have been revealed and were easily reversed.

There had been transfer guarantees by the New Yorkers to especially Europe that amounted to recession sourcing. Almost every decade witnessed one since the nations founding. It propped very unlikely parity perception of the weak support structures abroad but worked for that elite. Linked outflows of little benefit or of real cost like the IMF or other international fund organizations also propped them and now can’t deliver as the real money and their security allies saw little utility in them nor strength in their leverage. That brings us to the costly Coronavirus or flu that has resulted in real public surface hardship amid the political resolve to maintain the otherwise toothless guild remnants. It seems European guilds such as the German Hanseatic remnants were also weakened or even removed there. The markets can now better function without output restrictions beyond supply and demand issues void of those dictates.

Restrictions worldwide have followed the approximate same pattern though some regional authorities have memorably varied in resolve and depth of intrusion. Travel restrictions have been almost universal for non essential purposes. That terminology was also employed for extensive business closures that include processing variations on essential ones such as food stores which were open but restaurants closed. There has been required physical virus testing depending on the jurisdiction but uniform requirements and actual legal scrutiny have proven so difficult to exact one district judge in Chicago allowed there were enough exceptions to the law one could " drive a Mack truck" through them if challenged. That includes the mandatory face mask or mouth covering, social distancing in space requirements and the novel stay at home orders that too vary with regional authority but can lead to fines or criminal sanction if enforced by the police.

There’s a real foundational two track on this endemic sanction that will probably become clearer as the guilds " last stand". The legislatures are passing spending bills without a procurement source that used to be linked to simple bank transfers that couldn’t be challenged of the older guild when the rigging was less obvious and more professional. Here to America the Cares Act was to guarantee over 2.2 trillion dollars tied to small and medium business loans but didn’t take equity hold. Congress then passed overlapping proposals in the 400 to 750 billion dollar range all of which lacked the procurement legislation. It revealed a presumed correction authority that lets them posture but does work with consistent control equilibriums that correct the overcharges and terminally extreme legal breaches. It kind of also questions legislative capacity to perform. It seems once the rules are established the need for change is minimal even damaging as regional issues dominate policy. An Executive role under legislative parameters of action are fairly foundational, legal steering more needed Applied to the economy the largest beneficiaries of the theft transfers as well as tax based overcharge sourcing or subsidy programs were linked to Europe and especially the hapless British commonwealth but to include the bank transfers to the ECB that is now fund less and trying the flu rebound as equity source as do the others.

In the meantime individual states there have disregarded standing EU governing policy on border controls as well as domestic trade now establish their own host interests in conventional corporate competition. There are "stay at home" type restrictions often almost draconian and associated business and school closures, but fund sourced bonding that had defined the capacity to hold those traditionally guarded or hostile groups together is lacking and they can now return to exchange interests more consistent with rational impersonal interaction of benefit than the gift one. The ECB has requested 450 billion euros of the EU which dutifully approved it but again New York can’t provide it and the west is saying " earn it". It used to just be paid and does affect their internal elite or perception of leadership as the product bases so otherwise primitive.

Programs here are relatively predictable when the internal markets are allowed to respond to conventional signals of supply and demand brokered by prices and otherwise unrestricted resource flows. The range of possible includes realizable access to the variable inputs needed to produce and to include the import export role or more risky capital flows. That is also limited by the human capital or training and fixed capital or combining machinery for production. It takes effort and investment and quality curves vary but it’s unrealistic to follow an external lead that presumes competence over that whole process that doesn’t approximate their domestic programs or interest or to promote them as equal in that sense. Almost everyone loses and that also applies to domestic leads who cross their fields of interest or tested competence which did happen here before the Dodd Frank repeals a couple years ago.

If dealing with exchanges and a physical product as in trade, the system support and understandings are very predictable and by nature of themselves non confrontational. If an invasive intermediary is introduced especially a strong one as governing finance, control or force maintains the program there is routinely friction, even violence. Universal system to system trade or operating within a recognizable production regimen to include social ones are again predictably stable. Their internal processes are as well. The demand just opts to participate or not with that understanding. The problems with social dealings, and this flu demonstrates it in globalization levels, is transferring an improbable irregular social domestic concern as the fund losses to immediate lock down interest consistent with other threats. Mergers of varied concerns are seen as generalized presumed systemic ones. Regular to regular social dealing is stable, any irregular or hybrid merger of dissimilar interests are inherently less so and the flu angle and it’s fallout is backfiring though costly to convention.

The EU has no chance of maintain policy control if funding can’t be attained and that would fall on the major producers probably to tax usurp if it could be done as the banking so weak or guarded. The similar customs unions or common markets worldwide that followed its template in shared objectives have little chance either amid theft exposure and lack of explanation.. To convention political and economic free flow of resources require competitive understandings and irregular applications void of market signals as politicized or self serving politics have exposed it as fanciful dealing. From Latin America’s Mercosur, to Africa’s Comesa, Ecowas or the dozen others linked to the whole continent source controls will restore to depoliticized internal market ones given the linkages to Europe and the Americas. Others as Asea seemed less developed but did follow the irregular or non coded sharing concerns of the EU groups affecting security and production methods and access often just "grinding them to a halt" for lack of incentive or formal restrictions. Japan seemed tied to the funding and is subject to the New York and world guild though the latter less apparent. All of them are employing the flu rebound attempt restrictions and the path forward will surely be less formalized relations as the promoters again don’t seem to control enough security functions beyond local units to force policy in a structural sense. It seems to broadly hinge on the Russian pacts ability to do that and would be quite a security " Atlas".

So, meanwhile politically forwarded pacts are likely to include the decentralization of authority especially funding but to include cyber concerns closer to their host interests and personal files than a presumptive well meaning but distant authority. Stable money is one less source of interactive concern and the only easily identifiable broker for varied social actions that reflects desire to the point where there’s mutual interactive accord. Again systemic interactive can cross borders but any interventions or irregularities in them are much riskier and that’s all these past common markets were promoting or advancing.

There is cost associated with the non guild legal based competitive realignment but there hasn’t been appreciable structural damage at the federal level, though some regions might be passing unlikely policy options without assurances of sanction. The nature of the curtailment does seem more a " pent up" or delay to spending than that associated with actual pact undisclosed outflows linked with the New York transfers. Sales opportunity cost losses this past round have affected national earnings in the cycle but again the major indicators such as port activities, transport or utilities problems haven’t appreciably been displayed as the old guild remnant just likely dances out of sight. It’ll be for the best but the politics have proven feloniously juvenile and must be held accountable for the arbitrary control effects.