A New York Times BestsellerOne of the iTunes Bookstore’s “Ten Books You Must Read This Summer”
A riveting examination of a nation in crisis, from one of the finest political journalists of our generation
American democracy is beset by a sense of crisis. Seismic shifts during a single generation have created a country of winners and losers, allowing unprecedented freedom while rending the social contract, driving the political system to the verge of breakdown, and setting citizens adrift to find new paths forward. In The Unwinding, George Packer, author of The Assassins’ Gate: America in Iraq, tells the story of the United States over the past three decades in an utterly original way, with his characteristically sharp eye for detail and gift for weaving together complex narratives.
The Unwinding journeys through the lives of several Americans, including Dean Price, the son of tobacco farmers, who becomes an evangelist for a new economy in the rural South; Tammy Thomas, a factory worker in the Rust Belt trying to survive the collapse of her city; Jeff Connaughton, a Washington insider oscillating between political idealism and the lure of organized money; and Peter Thiel, a Silicon Valley billionaire who questions the Internet’s significance and arrives at a radical vision of the future. Packer interweaves these intimate stories with biographical sketches of the era’s leading public figures, from Newt Gingrich to Jay-Z, and collages made from newspaper headlines, advertising slogans, and song lyrics that capture the flow of events and their undercurrents.
The Unwinding portrays a superpower in danger of coming apart at the seams, its elites no longer elite, its institutions no longer working, its ordinary people left to improvise their own schemes for success and salvation. Packer’s novelistic and kaleidoscopic history of the new America is his most ambitious work to date.
http://www.amazon.com/books/dp/0374102414
Visar inlägg med etikett oligarker. Visa alla inlägg
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tisdag 11 juni 2013
tisdag 3 januari 2012
“We Are Going To Kill The Dollar”
Investor Kyle Bass discloses his discussion with a senior Obama admin about how this economic crisis is going to
play out. The answer is to export our way out of this mess by making our exports cheaper by destroying the dollar in a global game of currency devaluation. This simply means that they are going to print more and more dollars until all of your purchasing power is destroyed and you will need more and more dollars to buy the same amount of goods. (ie. Massive Inflation.)
http://www.youtube.com/watch?v=OeIFcuVTS3U&feature=player_embedded
World’s Biggest Economies Face $7.6 Trillion Debt
Led by Japan’s $3 trillion and the U.S.’s $2.8 trillion, the amount coming due for the Group of Seven nations and Brazil,Russia, India and China is up from $7.4 trillion at this time last year, according to data compiled by Bloomberg. Ten-year bond yields will be higher by year-end for at least seven of the countries, forecasts show. Investors may demand higher compensation to lend to countries that struggle to finance increasing debt burdens as the global economy slows, surveys show. The International Monetary Fund cut its forecast for growth this year
to 4 percent from a prior estimate of 4.5 percent as Europe’s debt crisis spreads, the U.S. struggles to reduce a budget deficit exceeding $1 trillion and China’s property market cools.
http://www.bloomberg.com/news/2012-01-03/world-s-biggest-economies-face-7-6-trillion-bond-tab-as-rally-seen-fading.html
Basically there are only two ways to try to solve this humongous debt problem. One you either write of all debt - and that's then exit to our financial debt based system as we know it, or you try to inflate your way out of it.
In order for the first to happen you need systemic change, and then really a total new system change not the Obama fake "Change" nonsense and that then means not only a good buy to our financial system as we know it but in fact a good buy for good for all the institutions today supporting our current political system. Best guess is that is what is going to happen but that it will require some real effort and that it will take time.
In the mean time trying to inflate your way out of what then truly is a deflationary issue can only happen if you’re the only one trying to inflate. Given the ongoing and worldwide currency devaluation process that’s not going to make any significant difference in regards of getting of a debt burden. In fact what we now may see is e.g. China devaluation their currency within a not too long timeframe in order to try to adjust to weaker exports as both domestic as well as international consumption is about to shrink even further. Evident then that devaluation the dollar in such a scenario will lead nowhere.
Then and until real systemic change will happen and as the devaluation battle of fiat currencies ww continues what is needed to clear out the debt and get the economy going is a real "cleansing" war effort. That clearly now by the ruling elites the preferred short term "solution". People like e.g. Foreign Minister in Sweden Carld Bild is actively promoting this idea as is in fact everybody with the ambition to be part of the current political and financial system. As an example you cannot claim to be a serious contender for any candidacy for the US presidency if you’re not arguing "we need to bomb Iran".
Now were on the verge of trying at least to get rid of some of the debt and currency issues by killing of Iranian children, women.
In the meanwhile real systemic change is what will happen. Only question is what will replace it? Watch our for people promoting "Democracy" when what in fact what is desperately needed is real "Rule by Law". The ongoing process now in the "developed" economies is "privatization" in a process promoting nothing else than oligarchy.
What is in store for us in 2012? Will the revolts turn into real revolutions? And what impact will it have on the economy? Will the year 2012 bring a second term to Barack Obama? And will the euro survive? Peter Lavelle is joined by Mark Levine from CA, Mark Levine from DC and Jeffrey Sommers.
http://www.youtube.com/watch?v=UzxiIENIDPg&feature=player_embedded
play out. The answer is to export our way out of this mess by making our exports cheaper by destroying the dollar in a global game of currency devaluation. This simply means that they are going to print more and more dollars until all of your purchasing power is destroyed and you will need more and more dollars to buy the same amount of goods. (ie. Massive Inflation.)
http://www.youtube.com/watch?v=OeIFcuVTS3U&feature=player_embedded
World’s Biggest Economies Face $7.6 Trillion Debt
Led by Japan’s $3 trillion and the U.S.’s $2.8 trillion, the amount coming due for the Group of Seven nations and Brazil,Russia, India and China is up from $7.4 trillion at this time last year, according to data compiled by Bloomberg. Ten-year bond yields will be higher by year-end for at least seven of the countries, forecasts show. Investors may demand higher compensation to lend to countries that struggle to finance increasing debt burdens as the global economy slows, surveys show. The International Monetary Fund cut its forecast for growth this year
to 4 percent from a prior estimate of 4.5 percent as Europe’s debt crisis spreads, the U.S. struggles to reduce a budget deficit exceeding $1 trillion and China’s property market cools.
http://www.bloomberg.com/news/2012-01-03/world-s-biggest-economies-face-7-6-trillion-bond-tab-as-rally-seen-fading.html
Basically there are only two ways to try to solve this humongous debt problem. One you either write of all debt - and that's then exit to our financial debt based system as we know it, or you try to inflate your way out of it.
In order for the first to happen you need systemic change, and then really a total new system change not the Obama fake "Change" nonsense and that then means not only a good buy to our financial system as we know it but in fact a good buy for good for all the institutions today supporting our current political system. Best guess is that is what is going to happen but that it will require some real effort and that it will take time.
In the mean time trying to inflate your way out of what then truly is a deflationary issue can only happen if you’re the only one trying to inflate. Given the ongoing and worldwide currency devaluation process that’s not going to make any significant difference in regards of getting of a debt burden. In fact what we now may see is e.g. China devaluation their currency within a not too long timeframe in order to try to adjust to weaker exports as both domestic as well as international consumption is about to shrink even further. Evident then that devaluation the dollar in such a scenario will lead nowhere.
Then and until real systemic change will happen and as the devaluation battle of fiat currencies ww continues what is needed to clear out the debt and get the economy going is a real "cleansing" war effort. That clearly now by the ruling elites the preferred short term "solution". People like e.g. Foreign Minister in Sweden Carld Bild is actively promoting this idea as is in fact everybody with the ambition to be part of the current political and financial system. As an example you cannot claim to be a serious contender for any candidacy for the US presidency if you’re not arguing "we need to bomb Iran".
Now were on the verge of trying at least to get rid of some of the debt and currency issues by killing of Iranian children, women.
In the meanwhile real systemic change is what will happen. Only question is what will replace it? Watch our for people promoting "Democracy" when what in fact what is desperately needed is real "Rule by Law". The ongoing process now in the "developed" economies is "privatization" in a process promoting nothing else than oligarchy.
What is in store for us in 2012? Will the revolts turn into real revolutions? And what impact will it have on the economy? Will the year 2012 bring a second term to Barack Obama? And will the euro survive? Peter Lavelle is joined by Mark Levine from CA, Mark Levine from DC and Jeffrey Sommers.
http://www.youtube.com/watch?v=UzxiIENIDPg&feature=player_embedded
lördag 31 december 2011
Election Fraud Galvanizes Russian Opposition, Communist Party 20 Years After Soviet Union’s Collapse
Allegations of widespread fraud in the recent elections that gave Prime Minister Vladimir Putin’s United Russia party a parliamentary majority have galvanized massive street protests in opposition to the Russian political establishment. This comes on the 20th anniversary of the breakup of the Soviet Union. "The reason that the people who control the financial oligarchy in Russia don’t want free elections is they know that if they had free elections to a parliament, the people would vote for candidates pledging to confiscate their property," which was privatized in the 1990s, says Stephen Cohen, professor of Russian studies at New York University. He notes, "though these elections were not free and fair, they were the freest and fairest in 15 years," and that members of the country’s middle class make up the bulk of the protesters. Cohen also argues the American media has failed to report on the resurgence of the Communist Party, supported mainly by working-class voters in Russia’s vast provinces, which could challenge Putin in the 2012 presidential race and force a runoff election.
http://www.democracynow.org/2011/12/30/election_fraud_galvanizes_russian_opposition_communist
http://www.democracynow.org/2011/12/30/election_fraud_galvanizes_russian_opposition_communist
fredag 5 augusti 2011
The New Super Congress
Man kan onekligen ställa sig frågan varför Republikanerna ställde till med ett sådant politiskt spektakel rörande detta med lånetaket. I en intressant interview som vi kommenterade på denna blogg redogjorde Dr Paul Craig Roberts för sin syn (se länk nedan).
Antingen så förstog inte politikerna det direkt olämpliga att sätta igång ett sådant här spektakel i det prekära läge USA idag befinner sig i eller så är det en medveten politik i syfte, och det är här det börjar bli intressant, att stärka president Obamas makt som en Caesar, enligt Dr Roberts analys. Där ett alternativ om ingen överenskommelse hade skett President Obama helt enkelt tvingats att ta över allt ansvar för detta genom att ignorera Concressen. Precis så som redan tidiagre president Bush gjorde när han utan Congressens medgivande to beslut om att starta kriget i Irak.
Nu blev det inte så. Istället så har ett nytt politiskt lager bildats en sk Superkongress. De skall bestå av total 6 st medlemmar tre från vardera parti och de tar fram sina förslag utan överinsyn från någon annan part och deras beslu kan sedan implementeras dirkt under förutsättning att det ges okey från bägge kamrar.
Detta är vad man kan se som det direkta resultaten av lånetaks diskussionen. Kanske det verkliga syftet? Nu finns ett embryo där denna nya superkongress, inte presidenten i realiteten styr landet. En centrering av makt helt enkelt. Motsvarigeten fanns i det Sovjetiska politiska systemet. Där hette detta Politbyrån.
Under the new law, the federal government will cap spending levels by about $1 trillion over a ten-year period and delegate the responsibility of slashing another $1-$2 trillion to a powerful 12-member committee.
No, it's not the Gang of Six (times two). This time it's called the "Super Congress."
The committee of six Republicans and six Democrats, which will do most of its work behind closed doors, will have until Nov. 23 to develop a plan to reduce the budget deficit that must pass through both Houses of Congress before Christmas.
Once they come up with a plan that seven members agree to, it will go to both chambers and can pass with just a simple majority. No filibustering, and no amending allowed.
http://news.yahoo.com/blogs/ticket/meet-super-congress-191709031.html
och här Webster Tarpley syn på läget:
Oppose Obama’s Unconstitutional Supercongress of Austerity Ghouls, aka The Twelve Tyrants http://tarpley.net/2011/08/04/oppose-the-twelve-tyrants/
About the building of a Caesar and the real value of money
http://intheendwerealldebt.blogspot.com/2011/07/about-building-of-caesar-and-real-value.html
Antingen så förstog inte politikerna det direkt olämpliga att sätta igång ett sådant här spektakel i det prekära läge USA idag befinner sig i eller så är det en medveten politik i syfte, och det är här det börjar bli intressant, att stärka president Obamas makt som en Caesar, enligt Dr Roberts analys. Där ett alternativ om ingen överenskommelse hade skett President Obama helt enkelt tvingats att ta över allt ansvar för detta genom att ignorera Concressen. Precis så som redan tidiagre president Bush gjorde när han utan Congressens medgivande to beslut om att starta kriget i Irak.
Nu blev det inte så. Istället så har ett nytt politiskt lager bildats en sk Superkongress. De skall bestå av total 6 st medlemmar tre från vardera parti och de tar fram sina förslag utan överinsyn från någon annan part och deras beslu kan sedan implementeras dirkt under förutsättning att det ges okey från bägge kamrar.
Detta är vad man kan se som det direkta resultaten av lånetaks diskussionen. Kanske det verkliga syftet? Nu finns ett embryo där denna nya superkongress, inte presidenten i realiteten styr landet. En centrering av makt helt enkelt. Motsvarigeten fanns i det Sovjetiska politiska systemet. Där hette detta Politbyrån.
Under the new law, the federal government will cap spending levels by about $1 trillion over a ten-year period and delegate the responsibility of slashing another $1-$2 trillion to a powerful 12-member committee.
No, it's not the Gang of Six (times two). This time it's called the "Super Congress."
The committee of six Republicans and six Democrats, which will do most of its work behind closed doors, will have until Nov. 23 to develop a plan to reduce the budget deficit that must pass through both Houses of Congress before Christmas.
Once they come up with a plan that seven members agree to, it will go to both chambers and can pass with just a simple majority. No filibustering, and no amending allowed.
http://news.yahoo.com/blogs/ticket/meet-super-congress-191709031.html
och här Webster Tarpley syn på läget:
Oppose Obama’s Unconstitutional Supercongress of Austerity Ghouls, aka The Twelve Tyrants http://tarpley.net/2011/08/04/oppose-the-twelve-tyrants/
About the building of a Caesar and the real value of money
http://intheendwerealldebt.blogspot.com/2011/07/about-building-of-caesar-and-real-value.html
torsdag 4 augusti 2011
Fault Lines: The Top 1%
The richest 1% of US Americans earn nearly a quarter of the country's income and control an astonishing 40% of its wealth.
Inequality in the US is more extreme than it's been in almost a century — and the gap between the super rich and the poor and middle class people has widened drastically over the last 30 years.
Meanwhile, in Washington, a bitter partisan debate over how to cut deficit spending and reduce the US' 14.3 trillion dollar debt is underway. As low and middle class wages stagnate and unemployment remains above 9%, Republicans and Democrats are tussling over whether to slash funding for the medical and retirement programs that are the backbone of the US's social safety net, and whether to raise taxes — or to cut them further.
The budget debate and the economy are the battleground on which the 2012 presidential election race will be fought. And the United States has never seemed so divided — both politically and economically.
How did the gap grow so wide, and so quickly? And how are the convictions, campaign contributions and charitable donations of the top 1% impacting the other 99% of Americans? Fault Lines investigates the gap between the rich and the rest.This episode of Fault Lines first aired on Al Jazeera English on August 2, 2011 at 0930 GMT.
http://www.youtube.com/watch?v=XdVODFombco&feature=player_embedded#at=40
Inequality in the US is more extreme than it's been in almost a century — and the gap between the super rich and the poor and middle class people has widened drastically over the last 30 years.
Meanwhile, in Washington, a bitter partisan debate over how to cut deficit spending and reduce the US' 14.3 trillion dollar debt is underway. As low and middle class wages stagnate and unemployment remains above 9%, Republicans and Democrats are tussling over whether to slash funding for the medical and retirement programs that are the backbone of the US's social safety net, and whether to raise taxes — or to cut them further.
The budget debate and the economy are the battleground on which the 2012 presidential election race will be fought. And the United States has never seemed so divided — both politically and economically.
How did the gap grow so wide, and so quickly? And how are the convictions, campaign contributions and charitable donations of the top 1% impacting the other 99% of Americans? Fault Lines investigates the gap between the rich and the rest.This episode of Fault Lines first aired on Al Jazeera English on August 2, 2011 at 0930 GMT.
http://www.youtube.com/watch?v=XdVODFombco&feature=player_embedded#at=40
lördag 30 juli 2011
Thermophyle
Hotspots: Greece (1/2)
http://www.youtube.com/watch?v=bISfaVkszo0&feature=player_embedded#at=103
Hotspots: Greece (2/2)
http://www.youtube.com/watch?v=LnsWEXqhd7M&feature=player_embedded
Then read this and understand that the former (Social Democratic mind you) Swedish Finance minister as well as chairman of the of the Swedish Riksbanken (the central bank) now joins these forces that so diligently and thoroughly destroys national states and the welfare of its citizens.
Erik Åsbrink joins Goldman Sachs as International Advisor
EW YORK, July 26, 2011 -- We are pleased to announce that Erik Åsbrink has joined Goldman Sachs as an international advisor. In this capacity, he will provide strategic advice to the firm on business development opportunities, with a particular focus on Sweden and the Nordic Region.
Erik is the chairman of Alecta Pensionsförsäkring AB, LightLab Sweden AB, Stockholm School of Economics and Svensk Hypotekspension AB. He also serves as a director of Wallenstam AB and Nordic Investment Bank.
Erik served as the Swedish Minister of Finance from 1996 to 1999. Prior to this he held numerous positions including chairman of the Board of the Swedish Riksbank (the Central Bank) and Secretary of State in the Ministry of Finance.
Erik has a Bachelors Degree from the University of Stockholm and a Master’s Degree from the Stockholm School of Economics.
Erik joins a very high caliber group of international advisors and brings vast political experience and business knowledge. Please join us in welcoming Erik to Goldman Sachs and wishing him success in his important new role.
http://www.cisionwire.com/goldman-sachs/r/erik-asbrink-joins-goldman-sachs-as-international-advisor,c9147030
It’s incomprehensible how the German taxpayers are allowing this charade to continue. They are constantly feed the idea they are bailing out Greece when in fact they are not. Greece total debt burden today after the bailouts in fact is larger than what it was when this crisis first started. Instead what the German tax payers do, is that they are bailing out French and German banks.
Also the idea it would be a disaster not to bail out Greece is a fake. As a starter who in their right mind can argue that somebody already hurt by a debt burden will be better of if he is given an even bigger debt burden to carry? A five year old understands this is completely bogus.
Instead Greece and Ireland, Portugal etc should follow Islands example. They should simply refuse to pay any debt and simply default on their liabilities. Island is now doing very well in fact after having done this and in fact the rating institutes are now upgrading Island. Why is there so very little being reported in the media regarding the Islandic success story?
The regimes in Germany and Finland are now demanding collaterals as safety in order to bail out Greece and were constantly being feed the notion what Greece then need is austerity measures. This is then a total a complete focus on the part carrying the debt. Now anybody can understand the banks that promoted Greece taking on the loans in the first place also are to blame. Simply put the French and German banks indeed have been complacent, lazy and not done their job in order to asses risk and eliminate uncertainties. Given this fact also these banks need then to carry a significant part of the work and costs associated with restructuring the debt.
What in fact is needed is austerity measures relative the banks themselves. They need to take the losses, downsize and reduce spending. Then the German and Finnish demands relative collateral from Greece in order to pay out more debt, well then they as taxpayers also need to ensure they are given same collaterals from the banks themselves. The taxpayers allowing more debt to be paid out in order to save the French and German banks should demand also significant collaterals for doing so from these banks themselves. The taxpayers should demand e.g. a 99% stake as shareholders in these banks.
Then related to the fact Goldman Sachs instigated this whole charade initially some 10 yrs ago by what in fact only can be regarded a fraudulent behavior making it more difficult for the banks then providing the loans to assess the real risks, well then Goldman needs to be prosecuted for this fraudulent and in fact criminal behavior.
Goldman Bet Against Entire European Nations – Who Were Clients – the Same Way It Bet Against Its Subprime Mortgage Clients
http://www.washingtonsblog.com/2011/07/goldman-bet-against-its-european.html
In actually the former Swedish chairman of the central bank and former Social democratic Finance minister when now joining Goldman now has joined a society of criminals that by now already should have been behind bars.
The real truth is Mr Åsbrink now has become an economic hit man. All the insider info he has now about the functioning of the Swedish finance system and all connections he has a many different levels of the Swedish society now will be provided Goldman Sachs.
We have already seen how this type of insider info was used by Goldman in order to instigate fraud against the people of Greece. Well now what´s in the cards for the future relative the Swedes?
Remember Greece most certainly is NOT a one deal only, nor is it a one occasion unfortunate accident. Instead it’s a functioning approach and the model used and refined since the beginning of civilization is there for all to see. Read John Perkins book below and you’ll get all you need to understand all of this from a real insider.
Confessions of an Economic Hit Man
http://www.amazon.com/Confessions-Economic-Hit-John-Perkins/dp/1576753018
The worlds finance sector is worth ten times the real economy. If that’s not proof enough that what we REALLY need is Austerity for banks well then I don’t know what is.
The too big to bail notions stems out of the fact there is too much debt as there is official debt, unofficial debt (in most cases unfunded liabilities), private debt and the unregulated shadow banking debt. On the last item that’s then where entire worlds can blow up due to only quite minute negative positions. Key words here of course extensive leverage, no regulation, no insight. Simply put there aren’t enough tax payers in the entire world able to back this idiocricy up.
Were soon out of taxpayers - you know that part of a "real functioning rationalistic free capitalistic market" everything hinges on - apparently.
$596 Trillion! How can the derivatives market be worth more than the world's total financial assets?
http://www.slate.com/id/2202263/
We need to eliminate and ban the finance sectors use of derivatives, regulate their activity with real oversight as well as completely make illegal naked short selling. Then and only then have we eliminated this what in fact is arms of financial mass destruction allowing for unprecedented transfer of real welt from the hard working
many to the very few.
Then we also need to get rid of the Federal Reserve and the banks ability to generate money via debt, we need to separate saving and investment banking for good and last but not least build a fricking concrete wall separating governments bank aid and rescue plans from in any way direct or indirect using taxpayers money.
In short we need capitalism to work 100% also in the finance sector and we need to stop listening to capitalistic cry babies and stop bailing out incompetent banks and finance institutions that just simply deserve to go under. In fact letting also these go under will actually improve the efficiency of the finance and banking sector allowing good business models to prosper and eliminate inefficiency and incompetence.
Too Big To Fail?: 10 Banks Own 77 Percent Of All U.S. Banking Assets
http://theeconomiccollapseblog.com/archives/too-big-to-fail-10-banks-own-77-percent-of-all-u-s-banking-assets
Too big to fail? Well then it’s obvious, don’t let these banks and institutions get this big in the first place. Then they simply can go under without any mayor damage anywhere in our financial system.
Then this notion that if you do your job as you’re supposed to as as a high level executive, then you deserve a real good bonus. Why not also make it work the other way around? That is if you don’t do a good job and if your business is failing and needs to be bailed out well then in retro perspective you then need to pay back what you earned as salary and bonus.
And most certainly any money, direct or indirect, to be used to support the banks need to be thoroughly backed by good solid collateral and stake in ownership and shares. I would imagine that in itself would act somewhat dampening the appetite for risk and leverage.
http://www.youtube.com/watch?v=V_kbyAl3-AM&feature=related
There is a solution to this debt hysteria our banksters has created and that is that the government makes its own interest free loans and use this to fund mega infrastructure project investments. That then is real investments that will create millions of new jobs stimulate the real economy, give people real wages and income to live off so that they will be able to consume and pay taxes and thus get the deficits in order in due time.
How anybody in their right mind can argue that austerity measures e.g. like laying of jobs, firing fire fighters, social workers, teachers, selling out infrastructure water system, electrical producers will create a healthy society is beyond me. Instead a healthy well educated population is an asset to the society and its business community. So why then reduce spending on schools and Medicare when what should be done is the opposite?
Did you know that for every tax dollar paid in the US some 50% of that tax dollar is then spent on the corporate welfare to the military and security industrial sector? Now if reduced spending is needed in a society that’s then where you first need to look in order to save in on a deficit. Why then is Medicare and Medicaid the very first thing discussed? Who is dictating that agenda? For sure not the taxpaying people that are supposed to pay more tax and as a thanks for that as well as bailing out banks receives less service, no healthcare, lousy education and more wars. Currently the US is engaged in 6 wars.
In actuality austerity is all about transferring wealth from the society to oligarchs. Anybody the least interested in history knows and understands that empires always die from within because of oligarchy. That was the case in Rome, in China with the Han Dynasty and everywhere else. Now we’re in the very final moments of the decline of the Western empire due to this very same phenomena – oligarchy.
Question - when banks are in a crisis and they need rescue then the government provides for basically interest free loans to the bank. Issue here is that this money then has been horded by the banks in order for them to gradually be able to restructure their finances. This free money received by the bank however has not been distributed out to the real economy creating a real impact on the real economy.
Thus then this anemic economic growth last couple of years. So why then when the state/country is in a crisis are they then supposed to finance their deficits via the IMF ONLYnow is the case with Greece? Why are they not allowed to finance their way out of this in the very same manner banks are via virtually interest free loans?
We're getting down to the real issue here and that is who is it that creates, controls and manages our money.
In a world ruled by bankers - money is defined as debt and created by bankers. That then is a world of economic booms and busts as it is all based on the false notion exponential growth and interest. In the real biology that phenomena is very temporary as all exponential growth e.g. cancer actually within a short while kills of the host. This is an economy that always crashes in the end in what only can be described as a debt super cycle.
In a world ruled by the wealthy money is defined as wealth e.g. gold. That’s then your feudal society with lords, peasants and serfs.
In a world ruled by the people money is a fiat defined by law and created by the people (e.g. the Treasury) without interest. You then could argue those in favor of gold as money in fact are and represents the wealthy, not the people.
The only time Jesus actually used force was when he through the money exchangers out of the Temple. That is what we now need to do in order to build a monetary system that actually serves society and provides real welfare for its citizens and not just only the few. If not what is evident to come is a new system in the west based on serfdom.
Remember if Greece from now on should not be able to pay then the IMF unconditionally according to the agreement signed by the Greek parliament are allowed to confiscate ALL of Greece assets. Greece today have no national sovereignty of either of its assets nor its human beings, its population.
In addition they are NOT allowed to according the same agreement to take any other loans anywhere else but via IMF.
Now – is this not blatant serfdom?
Free men fight back. If The Spartans had not fought back at Thermopyle we most certainly have had a very different Europe than what we have today. Now it’s time again for Greece to stand up and fight back as free men and through the intruders back to hell, where they belong.
http://www.youtube.com/watch?v=dO2i9aX2Xzs&feature=related
http://www.youtube.com/watch?v=bISfaVkszo0&feature=player_embedded#at=103
Hotspots: Greece (2/2)
http://www.youtube.com/watch?v=LnsWEXqhd7M&feature=player_embedded
Then read this and understand that the former (Social Democratic mind you) Swedish Finance minister as well as chairman of the of the Swedish Riksbanken (the central bank) now joins these forces that so diligently and thoroughly destroys national states and the welfare of its citizens.
Erik Åsbrink joins Goldman Sachs as International Advisor
EW YORK, July 26, 2011 -- We are pleased to announce that Erik Åsbrink has joined Goldman Sachs as an international advisor. In this capacity, he will provide strategic advice to the firm on business development opportunities, with a particular focus on Sweden and the Nordic Region.
Erik is the chairman of Alecta Pensionsförsäkring AB, LightLab Sweden AB, Stockholm School of Economics and Svensk Hypotekspension AB. He also serves as a director of Wallenstam AB and Nordic Investment Bank.
Erik served as the Swedish Minister of Finance from 1996 to 1999. Prior to this he held numerous positions including chairman of the Board of the Swedish Riksbank (the Central Bank) and Secretary of State in the Ministry of Finance.
Erik has a Bachelors Degree from the University of Stockholm and a Master’s Degree from the Stockholm School of Economics.
Erik joins a very high caliber group of international advisors and brings vast political experience and business knowledge. Please join us in welcoming Erik to Goldman Sachs and wishing him success in his important new role.
http://www.cisionwire.com/goldman-sachs/r/erik-asbrink-joins-goldman-sachs-as-international-advisor,c9147030
It’s incomprehensible how the German taxpayers are allowing this charade to continue. They are constantly feed the idea they are bailing out Greece when in fact they are not. Greece total debt burden today after the bailouts in fact is larger than what it was when this crisis first started. Instead what the German tax payers do, is that they are bailing out French and German banks.
Also the idea it would be a disaster not to bail out Greece is a fake. As a starter who in their right mind can argue that somebody already hurt by a debt burden will be better of if he is given an even bigger debt burden to carry? A five year old understands this is completely bogus.
Instead Greece and Ireland, Portugal etc should follow Islands example. They should simply refuse to pay any debt and simply default on their liabilities. Island is now doing very well in fact after having done this and in fact the rating institutes are now upgrading Island. Why is there so very little being reported in the media regarding the Islandic success story?
The regimes in Germany and Finland are now demanding collaterals as safety in order to bail out Greece and were constantly being feed the notion what Greece then need is austerity measures. This is then a total a complete focus on the part carrying the debt. Now anybody can understand the banks that promoted Greece taking on the loans in the first place also are to blame. Simply put the French and German banks indeed have been complacent, lazy and not done their job in order to asses risk and eliminate uncertainties. Given this fact also these banks need then to carry a significant part of the work and costs associated with restructuring the debt.
What in fact is needed is austerity measures relative the banks themselves. They need to take the losses, downsize and reduce spending. Then the German and Finnish demands relative collateral from Greece in order to pay out more debt, well then they as taxpayers also need to ensure they are given same collaterals from the banks themselves. The taxpayers allowing more debt to be paid out in order to save the French and German banks should demand also significant collaterals for doing so from these banks themselves. The taxpayers should demand e.g. a 99% stake as shareholders in these banks.
Then related to the fact Goldman Sachs instigated this whole charade initially some 10 yrs ago by what in fact only can be regarded a fraudulent behavior making it more difficult for the banks then providing the loans to assess the real risks, well then Goldman needs to be prosecuted for this fraudulent and in fact criminal behavior.
Goldman Bet Against Entire European Nations – Who Were Clients – the Same Way It Bet Against Its Subprime Mortgage Clients
http://www.washingtonsblog.com/2011/07/goldman-bet-against-its-european.html
In actually the former Swedish chairman of the central bank and former Social democratic Finance minister when now joining Goldman now has joined a society of criminals that by now already should have been behind bars.
The real truth is Mr Åsbrink now has become an economic hit man. All the insider info he has now about the functioning of the Swedish finance system and all connections he has a many different levels of the Swedish society now will be provided Goldman Sachs.
We have already seen how this type of insider info was used by Goldman in order to instigate fraud against the people of Greece. Well now what´s in the cards for the future relative the Swedes?
Remember Greece most certainly is NOT a one deal only, nor is it a one occasion unfortunate accident. Instead it’s a functioning approach and the model used and refined since the beginning of civilization is there for all to see. Read John Perkins book below and you’ll get all you need to understand all of this from a real insider.
Confessions of an Economic Hit Man
http://www.amazon.com/Confessions-Economic-Hit-John-Perkins/dp/1576753018
The worlds finance sector is worth ten times the real economy. If that’s not proof enough that what we REALLY need is Austerity for banks well then I don’t know what is.
The too big to bail notions stems out of the fact there is too much debt as there is official debt, unofficial debt (in most cases unfunded liabilities), private debt and the unregulated shadow banking debt. On the last item that’s then where entire worlds can blow up due to only quite minute negative positions. Key words here of course extensive leverage, no regulation, no insight. Simply put there aren’t enough tax payers in the entire world able to back this idiocricy up.
Were soon out of taxpayers - you know that part of a "real functioning rationalistic free capitalistic market" everything hinges on - apparently.
$596 Trillion! How can the derivatives market be worth more than the world's total financial assets?
http://www.slate.com/id/2202263/
We need to eliminate and ban the finance sectors use of derivatives, regulate their activity with real oversight as well as completely make illegal naked short selling. Then and only then have we eliminated this what in fact is arms of financial mass destruction allowing for unprecedented transfer of real welt from the hard working
many to the very few.
Then we also need to get rid of the Federal Reserve and the banks ability to generate money via debt, we need to separate saving and investment banking for good and last but not least build a fricking concrete wall separating governments bank aid and rescue plans from in any way direct or indirect using taxpayers money.
In short we need capitalism to work 100% also in the finance sector and we need to stop listening to capitalistic cry babies and stop bailing out incompetent banks and finance institutions that just simply deserve to go under. In fact letting also these go under will actually improve the efficiency of the finance and banking sector allowing good business models to prosper and eliminate inefficiency and incompetence.
Too Big To Fail?: 10 Banks Own 77 Percent Of All U.S. Banking Assets
http://theeconomiccollapseblog.com/archives/too-big-to-fail-10-banks-own-77-percent-of-all-u-s-banking-assets
Too big to fail? Well then it’s obvious, don’t let these banks and institutions get this big in the first place. Then they simply can go under without any mayor damage anywhere in our financial system.
Then this notion that if you do your job as you’re supposed to as as a high level executive, then you deserve a real good bonus. Why not also make it work the other way around? That is if you don’t do a good job and if your business is failing and needs to be bailed out well then in retro perspective you then need to pay back what you earned as salary and bonus.
And most certainly any money, direct or indirect, to be used to support the banks need to be thoroughly backed by good solid collateral and stake in ownership and shares. I would imagine that in itself would act somewhat dampening the appetite for risk and leverage.
http://www.youtube.com/watch?v=V_kbyAl3-AM&feature=related
There is a solution to this debt hysteria our banksters has created and that is that the government makes its own interest free loans and use this to fund mega infrastructure project investments. That then is real investments that will create millions of new jobs stimulate the real economy, give people real wages and income to live off so that they will be able to consume and pay taxes and thus get the deficits in order in due time.
How anybody in their right mind can argue that austerity measures e.g. like laying of jobs, firing fire fighters, social workers, teachers, selling out infrastructure water system, electrical producers will create a healthy society is beyond me. Instead a healthy well educated population is an asset to the society and its business community. So why then reduce spending on schools and Medicare when what should be done is the opposite?
Did you know that for every tax dollar paid in the US some 50% of that tax dollar is then spent on the corporate welfare to the military and security industrial sector? Now if reduced spending is needed in a society that’s then where you first need to look in order to save in on a deficit. Why then is Medicare and Medicaid the very first thing discussed? Who is dictating that agenda? For sure not the taxpaying people that are supposed to pay more tax and as a thanks for that as well as bailing out banks receives less service, no healthcare, lousy education and more wars. Currently the US is engaged in 6 wars.
In actuality austerity is all about transferring wealth from the society to oligarchs. Anybody the least interested in history knows and understands that empires always die from within because of oligarchy. That was the case in Rome, in China with the Han Dynasty and everywhere else. Now we’re in the very final moments of the decline of the Western empire due to this very same phenomena – oligarchy.
Question - when banks are in a crisis and they need rescue then the government provides for basically interest free loans to the bank. Issue here is that this money then has been horded by the banks in order for them to gradually be able to restructure their finances. This free money received by the bank however has not been distributed out to the real economy creating a real impact on the real economy.
Thus then this anemic economic growth last couple of years. So why then when the state/country is in a crisis are they then supposed to finance their deficits via the IMF ONLYnow is the case with Greece? Why are they not allowed to finance their way out of this in the very same manner banks are via virtually interest free loans?
We're getting down to the real issue here and that is who is it that creates, controls and manages our money.
In a world ruled by bankers - money is defined as debt and created by bankers. That then is a world of economic booms and busts as it is all based on the false notion exponential growth and interest. In the real biology that phenomena is very temporary as all exponential growth e.g. cancer actually within a short while kills of the host. This is an economy that always crashes in the end in what only can be described as a debt super cycle.
In a world ruled by the wealthy money is defined as wealth e.g. gold. That’s then your feudal society with lords, peasants and serfs.
In a world ruled by the people money is a fiat defined by law and created by the people (e.g. the Treasury) without interest. You then could argue those in favor of gold as money in fact are and represents the wealthy, not the people.
The only time Jesus actually used force was when he through the money exchangers out of the Temple. That is what we now need to do in order to build a monetary system that actually serves society and provides real welfare for its citizens and not just only the few. If not what is evident to come is a new system in the west based on serfdom.
Remember if Greece from now on should not be able to pay then the IMF unconditionally according to the agreement signed by the Greek parliament are allowed to confiscate ALL of Greece assets. Greece today have no national sovereignty of either of its assets nor its human beings, its population.
In addition they are NOT allowed to according the same agreement to take any other loans anywhere else but via IMF.
Now – is this not blatant serfdom?
Free men fight back. If The Spartans had not fought back at Thermopyle we most certainly have had a very different Europe than what we have today. Now it’s time again for Greece to stand up and fight back as free men and through the intruders back to hell, where they belong.
http://www.youtube.com/watch?v=dO2i9aX2Xzs&feature=related
The Ultimate Currency
In November 2008 IEA published this review. What was unique was the fact that they for the very first time had evaluated the oil supply situation. All earlier "analysis" always had focused on the demand side and then supply simply in the analysis had been adjusted to accommodate for these numbers. Not this time. What then became evident was the fact that it is not oil demand destruction that can become an issue for the markets, rather it is from now on all about oil supply destruction.
The prospect of accelerating declines in production at individual oilfields is adding to these uncertainties. The findings of an unprecedented field-by-field analysis of the historical production trends of 800 oilfields indicate that decline rates are likely to rise significantly in the long term, from an average of 6.7% today to 8.6% in 2030. “Despite all the attention that is given to demand growth, decline rates are actually a far more important determinant of investment needs. Even if oil demand was to remain flat to 2030, 45 mb/d of gross capacity – roughly four times the current capacity of Saudi Arabia – would need to be built by 2030 just to offset the effect of oilfield decline”, Mr. Tanaka added.
http://www.iea.org/Textbase/press/pressdetail.asp?PRESS_REL_ID=275
Lets repeat that "Even if oil demand was to remain flat to 2030, 45 mb/d of gross capacity – roughly four times the current capacity of Saudi Arabia – would need to be built by 2030 just to offset the effect of oilfield decline".
Getting that amount of new oil online obvious is a huge challenge. An even bigger challenge however is the fact this is oil that is not possible to bring on line in the first place.
Worldwide discovery of oil peaked in 1964 and has followed a steady decline since. According to industry consultants IHS Energy, 90% of all known reserves are now in production, suggesting that few major discoveries remain to be made.
http://www.oildecline.com/
In the midst of the ongoing finance debacle this issue has been completely ignored by analyst and mainstream media. Then also let's acknowledge the fact oil demand is not flat today rather world oil demand is expected to increase some 1.6%.
"On the demand picture, the report provided the IEA’s first forecasts for next year, suggesting that world demand for crude will rise 1.6 per cent, entirely because of growth in the developing world, particularly Asia. While demand in industrialized countries is forecast to fall 0.3 per cent, this will be more than counterbalanced by growth of 3.6 per cent in the rest of the world."
http://www.ft.com/intl/cms/s/67b72974-ad27-11e0-a24e-00144feabdc0,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F67b72974-ad27-11e0-a24e-00144feabdc0.html&_i_referer=http%3A%2F%2Fanyforum.se%2Foljesnack#axzz1SEWENjhz
Then important to note is the fact that you need to differentiate between declining future oil production and declining oil exports. Bottom line – as the oil producing countries themselves to an increasing extent use more and more of the oil they produce for their domestic needs less oil then is exported. Combine the oil producing countries in Russia, OPEC and Mexico and you have an oil market twice as large as the Chinese oil consumption. Thus the phase at witch oil exports declines is very much more aggressive than the pace at which oil production declines.
If the team's middle case for production and consumption holds, then net exports from the current top five exporters will dwindle to zero by 2031.
http://scitizen.com/future-energies/jeffrey-brown-and-the-net-oil-exports-crisis_a-14-2559.html
This IS the reason our current monetary system where money is created as debt has become totally unsustainable. Debt in order to be able to pay it back requires economic growth. With less available oil economic growth is not possible. Exit debt based monetary system.
Regardless then of what new system that will be introduced to replace it, gold base, fiat etc in all cases the fundamental underlying real currency in fact is oil. This as ALL economic activity depends on it.
The prospect of accelerating declines in production at individual oilfields is adding to these uncertainties. The findings of an unprecedented field-by-field analysis of the historical production trends of 800 oilfields indicate that decline rates are likely to rise significantly in the long term, from an average of 6.7% today to 8.6% in 2030. “Despite all the attention that is given to demand growth, decline rates are actually a far more important determinant of investment needs. Even if oil demand was to remain flat to 2030, 45 mb/d of gross capacity – roughly four times the current capacity of Saudi Arabia – would need to be built by 2030 just to offset the effect of oilfield decline”, Mr. Tanaka added.
http://www.iea.org/Textbase/press/pressdetail.asp?PRESS_REL_ID=275
Lets repeat that "Even if oil demand was to remain flat to 2030, 45 mb/d of gross capacity – roughly four times the current capacity of Saudi Arabia – would need to be built by 2030 just to offset the effect of oilfield decline".
Getting that amount of new oil online obvious is a huge challenge. An even bigger challenge however is the fact this is oil that is not possible to bring on line in the first place.
Worldwide discovery of oil peaked in 1964 and has followed a steady decline since. According to industry consultants IHS Energy, 90% of all known reserves are now in production, suggesting that few major discoveries remain to be made.
http://www.oildecline.com/
In the midst of the ongoing finance debacle this issue has been completely ignored by analyst and mainstream media. Then also let's acknowledge the fact oil demand is not flat today rather world oil demand is expected to increase some 1.6%.
"On the demand picture, the report provided the IEA’s first forecasts for next year, suggesting that world demand for crude will rise 1.6 per cent, entirely because of growth in the developing world, particularly Asia. While demand in industrialized countries is forecast to fall 0.3 per cent, this will be more than counterbalanced by growth of 3.6 per cent in the rest of the world."
http://www.ft.com/intl/cms/s/67b72974-ad27-11e0-a24e-00144feabdc0,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F0%2F67b72974-ad27-11e0-a24e-00144feabdc0.html&_i_referer=http%3A%2F%2Fanyforum.se%2Foljesnack#axzz1SEWENjhz
Then important to note is the fact that you need to differentiate between declining future oil production and declining oil exports. Bottom line – as the oil producing countries themselves to an increasing extent use more and more of the oil they produce for their domestic needs less oil then is exported. Combine the oil producing countries in Russia, OPEC and Mexico and you have an oil market twice as large as the Chinese oil consumption. Thus the phase at witch oil exports declines is very much more aggressive than the pace at which oil production declines.
If the team's middle case for production and consumption holds, then net exports from the current top five exporters will dwindle to zero by 2031.
http://scitizen.com/future-energies/jeffrey-brown-and-the-net-oil-exports-crisis_a-14-2559.html
This IS the reason our current monetary system where money is created as debt has become totally unsustainable. Debt in order to be able to pay it back requires economic growth. With less available oil economic growth is not possible. Exit debt based monetary system.
Regardless then of what new system that will be introduced to replace it, gold base, fiat etc in all cases the fundamental underlying real currency in fact is oil. This as ALL economic activity depends on it.
What is money and who creates money?
What is money
http://www.youtube.com/watch?v=SJbe1RjAVgs&feature=related
Then again what we see in regards of gold is not the value of gold going up relative other things it’s the dollar going down. Gold Maintains your purchasing power over time - that's it, nothing more, nothing less.There is a solution to this debt hysteria our banksters has created and that is that the government makes its own interest free loans and use this to fund mega infrastructure project investments. That then is real investments that will create millions of new jobs stimulate the real economy, give people real wages and income to live of so that they will be able to consume and pay taxes and thus get the deficits in order in due time.How anybody in their right mind can argue that austerity measures e.g. like laying of jobs, firing fire fighters, social workers, teachers, selling out infrastructure water system, electrical producers will create a healthy society is beyond me. Instead a healthy well educated population is an asset to the society and its business community. So why then reduce spending on schools and Medicare when what should be done is the opposite?
Did you know that for every tax dollar paid in the US some 50% of that tax dollar is then spent on the corporate welfare to the military and security industrial sector? Now if reduced spending is needed in a society that’s then where you first need to look in order to save in on a deficit. Why then is Medicare and Medicaid the very first thing discussed? Who is dictating that agenda? For sure not the taxpaying people that are supposed to pay more tax and as a thanks for that as well as bailing out banks receives less service, no healthcare, lousy education and more wars. Currently the US is engaged in 6 wars.
In actuality austerity is all about transferring wealth from the society to oligarchs. Anybody the least interested in history knows and understands that empires always die from within because of oligarchy. That was the case in Rome, in China with the Han Dynasty and everywhere else. Now we’re in the very final moments of the decline of the Western empire due to this very same phenomena – oligarchy.Question - when banks are in a crisis and they need rescue then the government provides for basically interest free loans to the bank. Issue here is that this money then has been horded by the banks in order for them to gradually be able to restructure their finances. This free money received by the bank however has not been distributed out to the real economy creating a real impact on the real economy.
Thus then this anemic economic growth last couple of years. So why then when the state/country is in a crisis are they then supposed to finance their deficits via IMF ONLY as now is the case with Greece? Why are they not allowed to finance their way out of this in the very same manner banks are via interest free loans?We're getting down to the real issue here and that is who is it that creates, controls and manages our money.In a world ruled by bankers - money is defined as debt and created by bankers. That then is a world of economic booms and busts as it is all based on the false notion exponential growth and interest. In the real biology that phenomena is very temporary as all exponential growth e.g. cancer actually within a short while kills of the host. This is an economy that always crashes in the end in what only can be described as a debt super cycle.
In a world ruled by the wealthy money is defined as wealth e.g. gold. That’s then your feudal society with lords, peasants and serfs.
In a world ruled by the people money is a fiat defined by law and created by the people (e.g. the Treasury) without interest. You then could argue those in favor of gold as money in fact are and represents the wealthy, not the people.
End Banks Power to Create Money
http://www.youtube.com/watch?v=V_kbyAl3-AM
The only time Jesus actually used force was when he through the money exchangers out of the Temple. That is what we now need to do in order to build a monetary system that actually serves society and provides real welfare for its citizens and not just only the few. If not what is evident to come is a new system in the west based on serfdom.
Huxley’s Brave New World depicts a futuristic, class-based society in which people are created in test tubes and trained from infancy to serve defined roles. Technology is used to keep everyone happy—and somewhat numb to reality. Huxley also believed that in the future people would be controlled through subliminal suggestion. In retrospect, the most worrisome thing about Brave New World is how willingly people give up their individual sovereignty for hedonistic pleasures. Though some Internet users still worry about privacy, many more seem comfortable trading their privacy for perks such as gmail and facebook.. A
Aldus Huxley gave a speech entitled: The Ultimate Revolution on March 20, 1962 at the Berkeley Language Center.
http://www.youtube.com/watch?v=z9RiRfMYVlQ&feature=related
and here what Zbigniew Brzezinski former security adviser (and creator of Al Quaida) to President Carter and founder of the Trilateral commission wrote in his book already 1980:
”The technetronic era involves the gradual appearance of a more controlled society. Such a society would be dominated by an elite, unrestrained by traditional values. Soon it will be possible to assert almost continuous surveillance over every citizen and maintain up-to-date complete files containing even the most personal information about the citizen. These files will be subject to instantaneous retrieval by the authorities."”Today we are again witnessing the emergence of transnational elites ... [Whose] ties cut across national boundaries ... It is likely that before long the social elites of most of the more advanced countries will be highly internationalist or globalist in spirit and outlook ... The nation-state is gradually yielding its sovereignty ... Further progress will require greater American sacrifices. More intensive efforts to shape a new world monetary structure will have to be undertaken, with some consequent risk to the present relatively favorable American position.”
Between Two Ages: America's Role in the Technetronic Era
http://www.amazon.com/Between-Two-Ages-Americas-Technetronic/dp/0313234981
http://www.youtube.com/watch?v=SJbe1RjAVgs&feature=related
Then again what we see in regards of gold is not the value of gold going up relative other things it’s the dollar going down. Gold Maintains your purchasing power over time - that's it, nothing more, nothing less.There is a solution to this debt hysteria our banksters has created and that is that the government makes its own interest free loans and use this to fund mega infrastructure project investments. That then is real investments that will create millions of new jobs stimulate the real economy, give people real wages and income to live of so that they will be able to consume and pay taxes and thus get the deficits in order in due time.How anybody in their right mind can argue that austerity measures e.g. like laying of jobs, firing fire fighters, social workers, teachers, selling out infrastructure water system, electrical producers will create a healthy society is beyond me. Instead a healthy well educated population is an asset to the society and its business community. So why then reduce spending on schools and Medicare when what should be done is the opposite?
Did you know that for every tax dollar paid in the US some 50% of that tax dollar is then spent on the corporate welfare to the military and security industrial sector? Now if reduced spending is needed in a society that’s then where you first need to look in order to save in on a deficit. Why then is Medicare and Medicaid the very first thing discussed? Who is dictating that agenda? For sure not the taxpaying people that are supposed to pay more tax and as a thanks for that as well as bailing out banks receives less service, no healthcare, lousy education and more wars. Currently the US is engaged in 6 wars.
In actuality austerity is all about transferring wealth from the society to oligarchs. Anybody the least interested in history knows and understands that empires always die from within because of oligarchy. That was the case in Rome, in China with the Han Dynasty and everywhere else. Now we’re in the very final moments of the decline of the Western empire due to this very same phenomena – oligarchy.Question - when banks are in a crisis and they need rescue then the government provides for basically interest free loans to the bank. Issue here is that this money then has been horded by the banks in order for them to gradually be able to restructure their finances. This free money received by the bank however has not been distributed out to the real economy creating a real impact on the real economy.
Thus then this anemic economic growth last couple of years. So why then when the state/country is in a crisis are they then supposed to finance their deficits via IMF ONLY as now is the case with Greece? Why are they not allowed to finance their way out of this in the very same manner banks are via interest free loans?We're getting down to the real issue here and that is who is it that creates, controls and manages our money.In a world ruled by bankers - money is defined as debt and created by bankers. That then is a world of economic booms and busts as it is all based on the false notion exponential growth and interest. In the real biology that phenomena is very temporary as all exponential growth e.g. cancer actually within a short while kills of the host. This is an economy that always crashes in the end in what only can be described as a debt super cycle.
In a world ruled by the wealthy money is defined as wealth e.g. gold. That’s then your feudal society with lords, peasants and serfs.
In a world ruled by the people money is a fiat defined by law and created by the people (e.g. the Treasury) without interest. You then could argue those in favor of gold as money in fact are and represents the wealthy, not the people.
End Banks Power to Create Money
http://www.youtube.com/watch?v=V_kbyAl3-AM
The only time Jesus actually used force was when he through the money exchangers out of the Temple. That is what we now need to do in order to build a monetary system that actually serves society and provides real welfare for its citizens and not just only the few. If not what is evident to come is a new system in the west based on serfdom.
Huxley’s Brave New World depicts a futuristic, class-based society in which people are created in test tubes and trained from infancy to serve defined roles. Technology is used to keep everyone happy—and somewhat numb to reality. Huxley also believed that in the future people would be controlled through subliminal suggestion. In retrospect, the most worrisome thing about Brave New World is how willingly people give up their individual sovereignty for hedonistic pleasures. Though some Internet users still worry about privacy, many more seem comfortable trading their privacy for perks such as gmail and facebook.. A
Aldus Huxley gave a speech entitled: The Ultimate Revolution on March 20, 1962 at the Berkeley Language Center.
http://www.youtube.com/watch?v=z9RiRfMYVlQ&feature=related
and here what Zbigniew Brzezinski former security adviser (and creator of Al Quaida) to President Carter and founder of the Trilateral commission wrote in his book already 1980:
”The technetronic era involves the gradual appearance of a more controlled society. Such a society would be dominated by an elite, unrestrained by traditional values. Soon it will be possible to assert almost continuous surveillance over every citizen and maintain up-to-date complete files containing even the most personal information about the citizen. These files will be subject to instantaneous retrieval by the authorities."”Today we are again witnessing the emergence of transnational elites ... [Whose] ties cut across national boundaries ... It is likely that before long the social elites of most of the more advanced countries will be highly internationalist or globalist in spirit and outlook ... The nation-state is gradually yielding its sovereignty ... Further progress will require greater American sacrifices. More intensive efforts to shape a new world monetary structure will have to be undertaken, with some consequent risk to the present relatively favorable American position.”
Between Two Ages: America's Role in the Technetronic Era
http://www.amazon.com/Between-Two-Ages-Americas-Technetronic/dp/0313234981
måndag 28 mars 2011
Economic Terrorists: That's You
This trend toward technologically facilitated localism translates into an unsavory world order for the ruling global corporate-financier oligarchs, a world order they are fighting ceaselessly to prevent from coming into being. They fight this battle by monopolizing ideas, information, energy, technology, and the monetary system, in tandem with the systematic sabotaging of our education system, constant intellectual pollution via mainstream media, and the devastating physical and mental effects of the food and pharmaceutical industries. Much of this is justified through a Malthusian-themed strategy of tension involving narratives of overpopulation and resource scarcity. It becomes clear that geopolitical domination facilitated by the very fake "War on Terror" is only one step in a larger plan. As the globalists fight on to destroy the nation-state worldwide, they fight domestically to destroy self-sufficiency and independence. Just as foreign nations become terrorist extremists for resisting the oligarchs globally, we are becoming domestic and economic terrorists for resisting them on the home front. http://landdestroyer.blogspot.com/2011/03/economic-terrorists-thats-you.html
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