More and more people are now waking up to realize how third world countries have been pushed around for hundred of years by a financial elite. As Mr Perkins, a former so called Economic Hitman, describes it's all about making sure countries with resourses take on massive loans they really can't affort and in that process then the result is a bancrup country forced to sell out their valuable resourses and infrastructure at dirt cheap prises. This at the same time austericy measures are beeing inforces to that taxes are hiked and the vellfare system demolished. Thus providing less service for the public but at a significantly higher cost.
In Iceland it's evident one of the real beneficieries of the Islandic financial debacle has been the US Aluminium giant Alcoa:
http://www.alcoa.com/global/en/home.asp
One but wanders why not the Islandic people join forces as we speak and throw these Alcoa pirates, all their people, management out of their country and then nationalise all their business in order to regain some of the wealt that they apparently have stolen from then.
How Iceland Was Bankrupted ! Confessions of An Economic Hitman!
http://socioecohistory.wordpress.com/2010/02/20/how-iceland-was-bankrupted-confessions-of-an-economic-hitman/
I'm very keen now to find out the names of these hitmen that hit Island. Who are they and I'd like to see photos etc. Anyone who has any ideas, knows something in this regard pls spread the word.
In Greece the Economic Hitman originated from Wall-Street firm Goldman Sachs and they in fact where instrumantal in creating a fraudulant system of bookkeeping and financial instruments that then blowed up and got Greece in a severe debt situation. At than point thenGoldman had the nerve to short their Greece involvements. How they're able to get away with this is simply amazing.
Then when listening to Mr William K. Black it strikes you this is the very same approach that for so long has been used by economic hitmen aginst small or thirld world countries also systematically now is used by the same people and interests against middle class and working class people. Same objective, same approach and exactely the same results.
Black is currently an Associate Professor of Economics and Law at the University of Missouri-Kansas City School of Law. He was the Executive Director of the Institute for Fraud Prevention from 2005-2007 and previously taught at the LBJ School of Public Affairs at the University of Texas, and at Santa Clara University. Black was litigation director for the Federal Home Loan Bank Board, deputy director of the FSLIC, SVP and the General Counsel of the Federal Home Loan Bank of San Francisco.
He took the notes during the Keating Five meeting that were later published in the press, and brought the event to national attention and a congressional investigation.
Black's expertise is in white-collar crime, public finance, regulation, and other topics in law and economics. He developed the concept of "control fraud", in which a business or national executive uses the entity he or she controls as a "weapon" to commit fraud
As President Obama makes the case for strong financial reform, Bill Moyers sits down with veteran regulator William K. Black, who says Wall Street is already been breaking current rules.
http://www.youtube.com/watch?v=UhO--P_tVBQ&feature=related
It then daunts on you - who really benefits from this "own your own house frenzy"? Why have politician all over the world basically and most certaily in Europe and US so agressively been promoting the idea that you should own your own appartement and house? Are the beneficiarys the pople have to catch up in an ever escalating rat race of increasing prices? The young generation having no procing power enough in order to obtain a place of their own? Society faced with constant boom and busts making life un predictable, vellfare reduced and taxes increased?
In thruth the only gainers are the banksers and the very few economic, financial interests that one only can refer to as oligarks. These are the people and corporations standing in line buying up dirt cheap what taxpayers built and payed for at times of busts and economic dawnfall. In the mean time the banks that created the bubbles gained grately on bonuses and at the same time earned lots of interrest.
It's now evident we all need to really hard examine this idea about owning your own house and why privatisation of utilities and deregulations always is promoted by politicians.
Rent Forever, Don’t Buy A Home
http://www.bargaineering.com/articles/rent-forever-dont-buy-a-home.html
Bill Clinton's drive to increase homeownership went way too far
http://www.businessweek.com/the_thread/hotproperty/archives/2008/02/clintons_drive.html
The Best Way to Rob a Bank Is to Own One: How Corporate Executives and Politicians Looted the S&L Industry - William K. Black
http://www.amazon.com/Best-Way-Rob-Bank-Own/dp/0292706383
Confessions of an Economic Hit Man - John Perkins
http://www.amazon.com/Confessions-Economic-Hit-John-Perkins/dp/0452287081/ref=sr_1_1?s=books&ie=UTF8&qid=1298968490&sr=1-1#_
Inga kommentarer:
Skicka en kommentar