Negative Alpha and the Giant Peach

We slipped into the hands of organised crime some while back.  Remember ‘The Untouchables’, the brilliant anti-mob series in which ‘actors’ auditioned for parts in ‘Stingray’ and ‘Thunderbirds’?  The mobsters variously ran stuff like numbers rackets (lotteries) and other activities now sources of government revenue.  Now fuckwits like Brown sell off our gold reserves discounted at 10% of real value and plan the resurgence of the East Manchester economy through slot machine ventures glossed-up as super casinos.  Like there isn’t enough real need in the world for capital other than gambling?

This lunatic fairy story is justified by the production of Alpha by sharp-suited (I’ll let Brown off on this one) versions of ‘The Count’ from ‘Sesame Street’ who puke numbers and economic abracadabra like priests wafting incense.  The story holds as much water as a sea-going Giant Peach.  The question is whether we can wake from the trance of the story.  I doubt our ability to do this.

Language is now Orwellian.  Gambling losses are now termed negative Alpha, the gambles themselves having been no more than a perm on all the horses in every race, the whizz kids no more than Horace Batchelor able to take a share only from winnings.  Money, in vast quantities, is not stolen but “vapourised” in hectic trading.  Our authorities, like corrupt US police forces, change the law for the new mob by simply not applying basic justice in their case.  We can get done for picking up a fiver from the street floor, yet they can disappear the odd billion or three.

Everyone in this system is bought and paid for.  What would crime statistics look like if all this activity was publicly accounted?

 

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