Who Hijacked Our Country

Saturday, May 04, 2013

Tapeworm Economics

You’ve probably never heard of it, but Tapeworm Economics is the economic system we’re all living under.  The author, Catherine Austin Fitts, defines a tapeworm economy:

“In a Tapeworm Economy, a small group of insiders consolidate political and economic power at the expense of people, living things, and our environment in a manner that destroys real wealth.  A Tapeworm Economy is one in which it is considered acceptable to make money from doing things that cause the Popsicle Index to go down.”

And the Popsicle Index is:

“The percentage of people who believe a child can leave their home, go to the nearest place to buy a Popsicle or snack, and come home alone safely. For example, if you feel that 50% of your neighbors believe a child in your neighborhood would be safe, then your Popsicle Index is 50%. The Popsicle Index is based on gut level feelings of the people who have intimate knowledge of a place, rather than facts and figures.”

In our Tapeworm Economy:

“Those who achieve money and power by driving the Popsicle Index down are considered socially acceptable, even admired. In investment terms, it is an economy with a negative return on investment.  It is parasitic in nature.”

The linked article (the first one) has other links showing everyone how “to see The Tapeworm clearly and how Tapeworm political and financial interests — both overt and covert — are woven throughout our lives, our networks and assets.”

Food for thought.

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Blogger Jerry Critter said...

I suspect that Tapeworm Economics explains how the stock market can be at an all time high along with high unemployment and job creation based on low paying service jobs. Money makes money and everyone else suffers.

May 5, 2013 at 9:04 AM  
Anonymous Anonymous said...

I'm guessing all this translates that all this is possible with the least regulation.


May 5, 2013 at 10:06 PM  
Blogger Randal Graves said...

If I hear they're substituting tapeworm for people in my soylent green, there's gonna be hell to pay.

May 6, 2013 at 6:37 AM  
Anonymous Anonymous said...


May 6, 2013 at 8:32 AM  
Blogger S.W. Anderson said...

Very interesting analogy and some good, out-of-box thinking. I added the linked page to Pocket and will get back to it when I have more time.

As Jerry said, a big part of our problem is that too much of business, especially big multinational business, is increasingly divorced from workers, consumers and the national interest. They're making money with money, which is neater and seemingly easier than dealing with employees, especially union ones, and doing the work and taking the risk of coming out with new products, services, locations, etc.

For an exhaustive, scholaarly examination of what's going on, read Kevin Phillips' superb book, Bad Money:


Your depth and breadth of understanding will increase a hundredfold.

May 6, 2013 at 12:39 PM  
Blogger S.W. Anderson said...

The anonymous comment above is reminiscent of the trollery of long-absent rightsaidfred. Wonder what happened to him.

May 6, 2013 at 12:41 PM  
Blogger Tom Harper said...

Jerry: Yup, that's a prime example -- the total disconnect between Wall Street and Main Street.

Erik: Damn right, we've got to get rid of them job-killing gummint regulations.

Randal: If you've never had Tapeworm a la Poulette Vin Blanc, you don't know what you're missing.

SW: Yup, that's the crux of the problem -- Large companies that are "divorced from workers, consumers and the national interest," and "making money with money" instead of actually producing something.

Thanks for the Kevin Phillips recommendation; I'll check it out.

Rightsaidfred hasn't commented here before, unless it was anonymously. I always assume it's Lisa whenever somebody leaves one of those off-topic links.

May 6, 2013 at 6:48 PM  
Blogger okjimm said...

damminit!!!! quit giving me reading lists! It is cutting into my beer drinking time....and my general sense of buffooneryism. gees, getting educated is time consuming, ya know.

May 7, 2013 at 9:20 AM  
Anonymous Tonia said...

This is cool!

August 13, 2013 at 3:17 AM  

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