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Sunday, February 12, 2012
September 22, 2008

Wall Street Nightmare

Berman-Wallst.-1

Berman-Wallst.-2

Looking at these photos through the lens of the current financial convulsions, they read much differently, I’m sure, than when they were shot in 2003.  Right now, however, BagNewsNotes contributer Nina Berman’s photos anthropomorphize, and give nightmarish expression to my worst fears of a Wall Street disaster.

In the first shot, as if a sequel to “The Night Of The Living Dead,” it feels like these financial monsters — their intelligence derived from overly complex, computer-driven programs — have gone completely haywire and now roam the concrete canyons in a lobotomized state.

Although the figure in the second shot is moving left-to-right, I can’t help but read it as a skyscraper-like zombie, moving right-to-left in an autistic gate, the American flag forming a head (or a hood, like the kind forced over the heads of prisoners in Iraq).

Modern society, if we wish to call it that, lives with fears of all kinds of potentially devastating, man-made forces, be they biological, chemical or nuclear.  Akin to the YK2 panic, however, the degree to which our financial system — and the assets of most Americans — are thoroughly susceptible to insatiable power players and their automated instruments, Wall Street, too, has its own very real nightmare scenarios.

… We’ll have a less supernatural take on some of Nina’s Wall Street images later in the week.



(images © Nina Berman, New York, 2003)

  • http://www.jaxxattaxx.com/ black dog barking

    I see the bookend to St Ronnie’s Morning in America in the first image. As the black-hole econo-ghouls queue up for a good night of rape, plunder, and pillage, the day’s last light lingers on the once vaunted Stars & Bars. At one time the very hint of Red White & Blue was protection against these under-demons, a steadfast symbol of order. “Don’t scare us anymore,” one of the ghouls hisses, tapping his lapel pin.
    Evening in America. Luckily these ghouls have no interest in brainssss.

  • zatopa

    Hey, looming shadow-guy, look out! You’re going to march right into that fla … AAGH!
    Great images. We’re really seeing a deluge of noir views of the financial district these weeks and I like these the best. It’s just the order they were in … I’m sorry.

  • http://home.comcast.net/~sfs73/index.html MonsieurGonzo

    Reuters : “Federal Reserve Chairman Ben Bernanke bluntly warned reluctant [duly diligent] lawmakers Tuesday that they risk a recession with higher unemployment and increased home foreclosures if they fail to pass the Bush administration’s $700 billion plan to bail out the financial industry.

    first they try, “false choice” propaganda; ie., “it’s DO THIS or NOTHING” (there are no alternatives / is no middle-ground, etc.) and now what …extortion ?!!
    for goodness sakes: We’re already in recession! THE MELTDOWN has already happened!! This “plan” = AGENDA does nothing to abate unemployment or home foreclosures. . . all it does is wire-tranfer ~$700B to Wall Street, whereupon these bankers’ bean-counters scrub some amount of non-marketable, “mortgage-derivative” securities pooh-pooh from their Books. That’s it. It doesn’t do any more than that. The Democrats can “pork it up”, if they like, but their meaningless gesture is but a crumb, folks.
    FNM/FRE & AIG have already been nationalized. The BigBanks and Brokerage Houses have already gone bust; Our un-employment is already what, ~7.7% in California (!) And imho you can view the so-called (by them) “Bailout” as either a massive Republican TAX INCREASE on the American middle class, or de facto DEVALUATION of the USD.
    fwiw, the Democrats and their candidate have so far proven themselves to be entirely without backbone, apparent:

    WASHINGTON (AP) — Democratic presidential candidate Barack Obama says the prospect of a massive government bailout of the financial industry means that he probably would have to delay the spending programs he has called for during his campaign. -6 hours ago

    man! imho that’s not just puny, Mr. Obama ~ it’s pathetic.