The "Margin Call" Phenomena
We watched the film Margin Call last night, much because as you know if you read my blog and webzine , I am very interested in studying the massive proliferation of modern-day human sacrifice. It is fascinating how much the World System facilitates it through rigorous law enforcement (U.S. federal government and its satellites), rigid civil religious expectations (Roman Catholic ecclesia and its 501c3 subdivisions), and rabid value assessment programs (banks and finance service firms coordinated through a central bank). Margin Call was a riveting expose of the latter. [Editors note: there will be spoilers in the following post.] It presented a dramatization of a condition I've been sharing for years, one that is surely dismissed as folly but was pouring off the screen in the film. The story revolves around the discovery that a financial services firm, much like a Goldman Sachs or Morgan Stanley, is holding a wad of "investment vehicles" that are essentially worthle...