Showing posts with label Money Power. Show all posts
Showing posts with label Money Power. Show all posts
Wednesday, May 19, 2021
White Self Genocide: If You're White, Your Government Has Painted a Target on Your Back
Paul Craig Roberts, former US Deputy Secretary to the Treasury, explains how the US is ruled and how the Western nations are intent on racial and cultural self-destruction:
Thursday, December 17, 2020
Year Zero: The Year of the Virus
By C.J. Hopkins:
2020 was GloboCap Year Zero. The year when the global capitalist ruling classes did away with the illusion of democracy and reminded everyone who is actually in charge, and exactly what happens when anyone challenges them.
In the relatively short span of the last ten months, societies throughout the world have been transformed beyond recognition. Constitutional rights have been suspended. Protest has been banned. Dissent is being censored. Government officials are issuing edicts restricting the most basic aspects of our lives … where we can go, when we can go there, how long we are allowed to spend there, how many friends we are allowed to meet there, whether and when we can spend time with our families, what we are allowed to say to each other, who we can have sex with, where we have to stand, how we are allowed to eat and drink, etc. The list goes on and on.
The authorities have assumed control of the most intimate aspects of our daily lives. We are being managed like inmates in a prison, told when to eat, sleep, exercise, granted privileges for good behavior, punished for the slightest infractions of an ever-changing set of arbitrary rules, forced to wear identical, demeaning uniforms (albeit only on our faces), and otherwise relentlessly bullied, abused, and humiliated to keep us compliant.
None of which is accidental, or has anything to do with any actual virus, or any other type of public health threat. Yes, before some of you go ballistic, I do believe there is an actual virus, which a number of people have actually died from, or which at least has contributed to their deaths … but there is absolutely no evidence whatsoever of any authentic public health threat that remotely justifies the totalitarian emergency measures we are being subjected to or the damage that is being done to society. Whatever you believe about the so-called “pandemic,” it really is as simple as that. Even if one accepts the official “science,” you do not transform the entire planet into a pathologized-totalitarian nightmare in response to a health threat of this nature.
Read More
In the relatively short span of the last ten months, societies throughout the world have been transformed beyond recognition. Constitutional rights have been suspended. Protest has been banned. Dissent is being censored. Government officials are issuing edicts restricting the most basic aspects of our lives … where we can go, when we can go there, how long we are allowed to spend there, how many friends we are allowed to meet there, whether and when we can spend time with our families, what we are allowed to say to each other, who we can have sex with, where we have to stand, how we are allowed to eat and drink, etc. The list goes on and on.
The authorities have assumed control of the most intimate aspects of our daily lives. We are being managed like inmates in a prison, told when to eat, sleep, exercise, granted privileges for good behavior, punished for the slightest infractions of an ever-changing set of arbitrary rules, forced to wear identical, demeaning uniforms (albeit only on our faces), and otherwise relentlessly bullied, abused, and humiliated to keep us compliant.
None of which is accidental, or has anything to do with any actual virus, or any other type of public health threat. Yes, before some of you go ballistic, I do believe there is an actual virus, which a number of people have actually died from, or which at least has contributed to their deaths … but there is absolutely no evidence whatsoever of any authentic public health threat that remotely justifies the totalitarian emergency measures we are being subjected to or the damage that is being done to society. Whatever you believe about the so-called “pandemic,” it really is as simple as that. Even if one accepts the official “science,” you do not transform the entire planet into a pathologized-totalitarian nightmare in response to a health threat of this nature.
Read More
Related:
Rob Slane: Be Kind, Be Calm, Be Safe
Rob Slane: 2020: The Year We Lost The Plot
Archbishop Carlo Maria Viganò:"The purpose of the Great Reset is the imposition of a health dictatorship aiming at the imposition of liberticidal measures, hidden behind tempting promises of ensuring a universal income and cancelling individual debt..."
Now, roughly six weeks later, one of the most powerful Catholics in the United States, Cardinal Raymond Burke, has kicked it up a notch - slamming "secular forces" who want to "make us slaves to their godless and murderous agenda"
GreenCrowAsThe Crow Flies: Wheels coming off Vaccine Bus - "Healthcare worker volunteer" now hospitalized in Alaska with an allergic reaction + Alabama nurse dies within 10 hrs of being vaccinated
Zero Hedge: Tom Woods: The Virus Is Your Fault
Zero Hedge: Fauci Wants Christmas Canceled
Antony Sammeroff: Why People Don't Trust Pfizer's Covid Vaccine.
CanSpeccy: The American World Order: How It Works
Wednesday, August 12, 2020
Towards a US-China War? The Creation of a Global Totalitarian System, A “One World Government”?
By William F. Engdahl
Global Research, August 11, 2020: If we step back from the details of daily headlines around the world and try to make sense of larger patterns, the dominant dynamic defining world geopolitics in the past three years or more is the appearance of a genuine irregular conflict between the two most formidable powers on the planet—The Peoples’ Republic of China and the United States of America. Increasingly it’s beginning to look as if some very dark global networks are orchestrating what looks to be an updated rerun of their 1939-1945 World War. Only this time the stakes are total, and aim at creation a universal global totalitarian system, what David Rockefeller once called a “one world government.” The powers that be periodically use war to gain major policy shifts.
On behalf of the Powers That Be (PTB), World War II was orchestrated by the circles of the City of London and of Wall Street to maneuver two great obstacles—Russia and Germany—to wage a war to the death against each other, in order that those Anglo-Saxon PTB could reorganize the world geopolitical chess board to their advantage. It largely succeeded, but for the small detail that after 1945, Wall Street and the Rockefeller brothers were determined that England play the junior partner to Washington. London and Washington then entered the period of their global domination known as the Cold War.
That Anglo-American global condominium ended, by design, in 1989 with the collapse of the Berlin Wall and the disintegration of the Soviet Union by 1991. Around this time, with the onset of the Bill Clinton presidency in 1992, the next phase– financial and industrial globalization– was inaugurated. With that, began the hollowing out of the industrial base of not only the United States, but also of Germany and the EU. The cheap labor outsourcing enabled by the new WTO drove wages down and destroyed one industry after the next in the industrial West after the 1990s. It was a necessary step on the path to what G.H.W. Bush in 1990 called the New World Order. The next step would be destruction of national sovereignty everywhere. Here the USA was the major obstacle.
One of the great mysteries of that China growth is the fact that China was allowed to become the “workshop of the world” after 2001, first in lower-skill industries such as textiles or toys, later in pharmaceuticals and most recently in electronics assembly and production. The mystery clears up when we look at the idea that the PTB and their financial houses, using China, want to weaken strong industrial powers, especially the United States, to push their global agenda. Brzezinski often wrote that the nation state was to be eliminated, as did his patron, David Rockefeller. By allowing China to become a rival to Washington in economy and increasingly in technology, they created the means to destroy the superpower hegemony of the US.
By the onset of the Presidency of Xi Jinping in 2012, China was an economic colossus second in weight only to the United States. Clearly this could never have happened–not under the eye of the same Anglo-American old families who launched the Opium Wars after 1840 to bring China to heel and open their economy to Western financial looting–unless the Anglo-Americans had wanted it.
The same British-owned bank involved in the China opium trade, Hong Kong and Shanghai Bank (HSBC), founded by a Scotsman, Thomas Sutherland in 1865 in the then-British colony of Hong Kong, today is the largest non-Chinese bank in Hong Kong. HSBC has become so well-connected to China in recent years that it has since 2011 had as Board member and Deputy HSBC Chairman, Laura Cha. Cha was formerly Vice Chairman of the China Securities Regulatory Commission, being the first person outside mainland China to join the Beijing Central Government of the People’s Republic of China at vice-ministerial rank. In other words the largest bank in the UK has a board member who was a member of the Chinese Communist Party and a China government official. China needed access to Western money and HSBC and other select banks such as JP MorganChase, Barclays, Goldman Sachs were clearly more than happy to assist.
China:2025 combined with Xi’s strong advocacy of the Belt Road Initiative for global infrastructure linking China by land and sea to all Eurasia and beyond, likely suggested to the globalists that the only solution to the prospect of their losing their power to a China global hegemon would ultimately be war, a war that would destroy both nationalist powers, USA AND China. This is my conclusion and there is much to suggest this is now taking place.
The eruption of well-organized riots and vandalism under the banner of racial protests across the USA has brought America’s cities to a state in many cases of war zones resembling the cities of the 2013 Matt Damon and Jodie Foster film, Elysium. In this context, anti-Washington rhetoric from Beijing has taken on a sharp tone in their use of so-called “Wolf Diplomacy.”
Now after Washington closed the China Consulate in Houston and China the US Consulate in Chengdu, both sides have stepped up rhetoric. High tech companies are being banned in the US, military displays of force from the US in the South China Sea and waters near Taiwan are increasing tensions and rhetoric on both sides. The White House accuses the WHO of being an agent of Beijing, while China accuses the US of deliberately creating a deadly virus and bringing it to Wuhan. Chinese state media supports the explosion of violent protests across America under the banner of Black Lives Matter. Step-wise events are escalating dramatically. Many of the US self-styled Marxists leading the protests across US cities have ties to Beijing such as the Maoist-origin Revolutionary Communist Party, USA of Bob Avakian.
Reviewing published US military doctrine in the aftermath of the 1991 US Operation Desert Storm war against Iraq, the Chinese authors point out what they see as US over-dependence on brute military force and conventional military doctrine. They claim, “Observing, considering, and resolving problems from the point of view of technology is typical American thinking. Its advantages and disadvantages are both very apparent, just like the characters of Americans.” They add, “military threats are already often no longer the major factors affecting national security…these traditional factors are increasingly becoming more intertwined with grabbing resources, contending for markets, controlling capital, trade sanctions, and other economic factors, to the extent that they are even becoming secondary to these factors. They comprise a new pattern which threatens the political, economic and military security of a nation or nations… The two authors define the new form of warfare as, “encompassing the political, economic, diplomatic, cultural, and psychological spheres, in addition to the land, sea, air, space, and electronics spheres.”
They suggest China could use hacking into websites, targeting financial institutions, terrorism, using the media, and conducting urban warfare among the methods proposed. Recent revelations that Chinese entities pay millions in ad revenues to the New York Times and other mainstream USA media to voice China-positive views is one example. Similarly, maneuvering a Chinese national to head the US’ largest public pension fund, CalPERS, which poured billions into risky China stocks, or persuading the New York Stock Exchange to list dozens of China companies without requiring adherence to US accounting transparency increase US financial vulnerability are others.
This all suggests the form that a war between China and the US could take. It can be termed asymmetrical warfare or unrestricted war, where nothing that disrupts the enemy is off limits. Qiao has that, “the first rule of unrestricted warfare is that there are no rules, with nothing forbidden.” There are no Geneva Conventions.
The two Beijing authors add this irregular warfare could include assaults on the political security, economic security, cultural security, and information security of the nation. The dependence of the US economy on China supply chains for everything from basic antibiotics to militarily-vital rare earth minerals is but one domain of vulnerability.
On its side, China is vulnerable to trade sanctions, financial disruption, bioterror attacks and oil embargoes to name a few. Some have suggested the recent locust plague and African Swine Fever devastation to China’s core food supplies, was not merely an act of nature. If not, then we are likely deep into an undeclared form of US-China unrestricted warfare. Could it be that the recent extreme floods along the China Yangtze River that threaten the giant Three Gorges Dam and have flooded Wuhan and other major China cities and devastated millions of acres of key cropland was not entirely seasonal?
A full unrestricted war of China and the USA would be more than a tragedy. It could be the end of civilization as we know it. Is this what characters such as Bill Gates and his superiors are trying to bring about? Do they plan to introduce their draconian dystopian “Reset” on the ashes of such a conflict?
___________
F. William Engdahl is strategic risk consultant and lecturer, he holds a degree in politics from Princeton University and is a best-selling author on oil and geopolitics, exclusively for the online magazine “New Eastern Outlook” where this article was originally published. He is a Research Associate of the Centre for Research on Globalization.
Global Research, August 11, 2020: If we step back from the details of daily headlines around the world and try to make sense of larger patterns, the dominant dynamic defining world geopolitics in the past three years or more is the appearance of a genuine irregular conflict between the two most formidable powers on the planet—The Peoples’ Republic of China and the United States of America. Increasingly it’s beginning to look as if some very dark global networks are orchestrating what looks to be an updated rerun of their 1939-1945 World War. Only this time the stakes are total, and aim at creation a universal global totalitarian system, what David Rockefeller once called a “one world government.” The powers that be periodically use war to gain major policy shifts.
On behalf of the Powers That Be (PTB), World War II was orchestrated by the circles of the City of London and of Wall Street to maneuver two great obstacles—Russia and Germany—to wage a war to the death against each other, in order that those Anglo-Saxon PTB could reorganize the world geopolitical chess board to their advantage. It largely succeeded, but for the small detail that after 1945, Wall Street and the Rockefeller brothers were determined that England play the junior partner to Washington. London and Washington then entered the period of their global domination known as the Cold War.
That Anglo-American global condominium ended, by design, in 1989 with the collapse of the Berlin Wall and the disintegration of the Soviet Union by 1991. Around this time, with the onset of the Bill Clinton presidency in 1992, the next phase– financial and industrial globalization– was inaugurated. With that, began the hollowing out of the industrial base of not only the United States, but also of Germany and the EU. The cheap labor outsourcing enabled by the new WTO drove wages down and destroyed one industry after the next in the industrial West after the 1990s. It was a necessary step on the path to what G.H.W. Bush in 1990 called the New World Order. The next step would be destruction of national sovereignty everywhere. Here the USA was the major obstacle.
“A little help from our friends…”
For the PTB, who owe no allegiance to nations, only to their power which is across borders, the birth of the World Trade Organization and their bringing China in as a full member in 2001 was intended as the key next step. At that point the PTB facilitated in China the greatest industrial growth by any nation in history, possibly excepting Germany from 1871-1914 and USA after 1866. WTO membership allowed Western multinationals from Apple to Nike to KFC to Ford and VW to pour billions into China to make their products at dirt-cheap wage levels for re-export to the West.One of the great mysteries of that China growth is the fact that China was allowed to become the “workshop of the world” after 2001, first in lower-skill industries such as textiles or toys, later in pharmaceuticals and most recently in electronics assembly and production. The mystery clears up when we look at the idea that the PTB and their financial houses, using China, want to weaken strong industrial powers, especially the United States, to push their global agenda. Brzezinski often wrote that the nation state was to be eliminated, as did his patron, David Rockefeller. By allowing China to become a rival to Washington in economy and increasingly in technology, they created the means to destroy the superpower hegemony of the US.
By the onset of the Presidency of Xi Jinping in 2012, China was an economic colossus second in weight only to the United States. Clearly this could never have happened–not under the eye of the same Anglo-American old families who launched the Opium Wars after 1840 to bring China to heel and open their economy to Western financial looting–unless the Anglo-Americans had wanted it.
The same British-owned bank involved in the China opium trade, Hong Kong and Shanghai Bank (HSBC), founded by a Scotsman, Thomas Sutherland in 1865 in the then-British colony of Hong Kong, today is the largest non-Chinese bank in Hong Kong. HSBC has become so well-connected to China in recent years that it has since 2011 had as Board member and Deputy HSBC Chairman, Laura Cha. Cha was formerly Vice Chairman of the China Securities Regulatory Commission, being the first person outside mainland China to join the Beijing Central Government of the People’s Republic of China at vice-ministerial rank. In other words the largest bank in the UK has a board member who was a member of the Chinese Communist Party and a China government official. China needed access to Western money and HSBC and other select banks such as JP MorganChase, Barclays, Goldman Sachs were clearly more than happy to assist.
“Socialism with Xi Jinping Characteristics…”
All told until 2012 when Xi took charge of the CCP in Beijing, China seemed to be willing to be a globalist “team player,” though with “Chinese characteristics.” However, in 2015 after little more than two years in office, Xi Jinping endorsed a comprehensive national industrial strategy, Made in China: 2025. China 2025 replaced an earlier Western globalist document that had been formulated with the World Bank and the USA, the China 2030 report under Robert Zoellick. That shift to a China strategy for global tech domination might well have triggered a decision by the globalist PTB that China could no longer be relied on to play by the rules of the globalists, but rather that the CCP under Xi were determined to make China the global leader in advanced industrial, AI and bio-technologies. A resurgent China nationalist global hegemony was not the idea of the New World Order gang.China:2025 combined with Xi’s strong advocacy of the Belt Road Initiative for global infrastructure linking China by land and sea to all Eurasia and beyond, likely suggested to the globalists that the only solution to the prospect of their losing their power to a China global hegemon would ultimately be war, a war that would destroy both nationalist powers, USA AND China. This is my conclusion and there is much to suggest this is now taking place.
Tit for Tat
If so, it will most likely be far different from the military contest of World War II. The USA and most of the Western industrial economies have “conveniently” imposed the worst economic depression since the 1930’s as a bizarre response to an alleged virus originating in Wuhan and spreading to the world. Despite the fact that the death toll, even with vastly inflated statistics, is at the level of a severe annual influenza, the insistence of politicians and the corrupt WHO to impose draconian lockdown and economic disruption has crippled the remaining industrial base in the US and most of the EU.The eruption of well-organized riots and vandalism under the banner of racial protests across the USA has brought America’s cities to a state in many cases of war zones resembling the cities of the 2013 Matt Damon and Jodie Foster film, Elysium. In this context, anti-Washington rhetoric from Beijing has taken on a sharp tone in their use of so-called “Wolf Diplomacy.”
Now after Washington closed the China Consulate in Houston and China the US Consulate in Chengdu, both sides have stepped up rhetoric. High tech companies are being banned in the US, military displays of force from the US in the South China Sea and waters near Taiwan are increasing tensions and rhetoric on both sides. The White House accuses the WHO of being an agent of Beijing, while China accuses the US of deliberately creating a deadly virus and bringing it to Wuhan. Chinese state media supports the explosion of violent protests across America under the banner of Black Lives Matter. Step-wise events are escalating dramatically. Many of the US self-styled Marxists leading the protests across US cities have ties to Beijing such as the Maoist-origin Revolutionary Communist Party, USA of Bob Avakian.
“Unrestricted Warfare”
Under these conditions, what kind of escalation is likely? In 1999 two colonels in the China PLA, Qiao Liang and Wang Xiangsui, published a book with the PLA Press titled Unrestricted Warfare. Qiao Liang was promoted to Major General in the PLA Air Force and became deputy secretary-general of the Council for National Security Policy Studies. The two updated their work in 2016. It gives a window on high-level China military strategy.Reviewing published US military doctrine in the aftermath of the 1991 US Operation Desert Storm war against Iraq, the Chinese authors point out what they see as US over-dependence on brute military force and conventional military doctrine. They claim, “Observing, considering, and resolving problems from the point of view of technology is typical American thinking. Its advantages and disadvantages are both very apparent, just like the characters of Americans.” They add, “military threats are already often no longer the major factors affecting national security…these traditional factors are increasingly becoming more intertwined with grabbing resources, contending for markets, controlling capital, trade sanctions, and other economic factors, to the extent that they are even becoming secondary to these factors. They comprise a new pattern which threatens the political, economic and military security of a nation or nations… The two authors define the new form of warfare as, “encompassing the political, economic, diplomatic, cultural, and psychological spheres, in addition to the land, sea, air, space, and electronics spheres.”
They suggest China could use hacking into websites, targeting financial institutions, terrorism, using the media, and conducting urban warfare among the methods proposed. Recent revelations that Chinese entities pay millions in ad revenues to the New York Times and other mainstream USA media to voice China-positive views is one example. Similarly, maneuvering a Chinese national to head the US’ largest public pension fund, CalPERS, which poured billions into risky China stocks, or persuading the New York Stock Exchange to list dozens of China companies without requiring adherence to US accounting transparency increase US financial vulnerability are others.
This all suggests the form that a war between China and the US could take. It can be termed asymmetrical warfare or unrestricted war, where nothing that disrupts the enemy is off limits. Qiao has that, “the first rule of unrestricted warfare is that there are no rules, with nothing forbidden.” There are no Geneva Conventions.
The two Beijing authors add this irregular warfare could include assaults on the political security, economic security, cultural security, and information security of the nation. The dependence of the US economy on China supply chains for everything from basic antibiotics to militarily-vital rare earth minerals is but one domain of vulnerability.
On its side, China is vulnerable to trade sanctions, financial disruption, bioterror attacks and oil embargoes to name a few. Some have suggested the recent locust plague and African Swine Fever devastation to China’s core food supplies, was not merely an act of nature. If not, then we are likely deep into an undeclared form of US-China unrestricted warfare. Could it be that the recent extreme floods along the China Yangtze River that threaten the giant Three Gorges Dam and have flooded Wuhan and other major China cities and devastated millions of acres of key cropland was not entirely seasonal?
A full unrestricted war of China and the USA would be more than a tragedy. It could be the end of civilization as we know it. Is this what characters such as Bill Gates and his superiors are trying to bring about? Do they plan to introduce their draconian dystopian “Reset” on the ashes of such a conflict?
___________
F. William Engdahl is strategic risk consultant and lecturer, he holds a degree in politics from Princeton University and is a best-selling author on oil and geopolitics, exclusively for the online magazine “New Eastern Outlook” where this article was originally published. He is a Research Associate of the Centre for Research on Globalization.
Saturday, July 18, 2020
Bill Gates and the Billionaires Behind the Drive for Global governance
There are a couple of comments in response to an earlier post on the Corona virus pandemic that I want to respond to with the convenience of a regular post rather than dependence on Blogger's spavined comment software.
First:
That through the investment of vast personal resources, Bill Gates seeks a pivotal role in the global response to a pandemic confirms the role of the money power in the drive for global governance.
Almost 120 years ago, Cecil Rhodes, with the backing of Lord Rothschild and other bankers, created a secret society with the goal of bringing the entire world under British rule. The society still exists and is known by its public face as the British Institute for International Affairs, or Chatham House, and its American spin-off, the Council on Foreign Relations. Rhodes' project, backed as it was by Lord Rothschild and other bankers, thus set the world on course for control by what Carrol Quigley referred to, in his magnum opus, Tragedy and Hope, as the Money Power.
Writing in the 1960's, Quigley assumed that, as at the founding of Rhodes' Secret Society, banks would remain central to the Money Power. However, as the Canadian economist, John Kenneth Galbraith, realized, by the 1960s corporations were increasingly able to control competition and hence fix prices and were thus able to accumulate capital sufficient to their investment needs without resort to the banks. Thus, the Money Power came increasingly to be dominated by corporate managers who pursued globalization for the sole purpose of profit maximization.
The vast importance of corporations in the process of globalization became evident following the 1994 General Agreement on Tariffs and Trade to which 128 countries were a party. Under that agreement, great corporations based in Europe, America and Japan were free to move capital and technology to where labor was cheapest, environmental and workplace safety regulations were least onerous, while shipping goods to where prices were highest, and taking profits where taxes were lowest.
Since 1994, however, there has been a further evolution of the Money Power, as vast personal fortunes have been accumulated by entrepreneurs such as Jeff Bezos, Bill Gates, Warren Buffet, and dozens of others. What we are seeing now, as you show in the case of Bill Gates and global health policy, is that the globalization project is taking on a more idiosyncratic course as individual plutocrats are able to impose their personal judgment on how the future of the world should unfold.
Second:
Yes, the problem well stated.
Unfortunately, there seems no obvious way back. Money has always had political influence, and with so much money held by so few, the influence of egocentric, idiosyncratic, or truly insane individuals seems certain to grow.
But Bill Gates`s strange, not to say Strangeloveian manner and impulses, gives warning to the world, so none can claim ignorance of what may lie ahead.
But what to do?
What do others think?
Meantime:
Related
Tom Chivers: Why Covid will become the new common cold
National Post: Does humanity have an unseen ally against COVID?
| YusefJuly 18, 2020 at 12:10 PM I'm going to take a stab at explaining what's going on from a more "structural" perspective. I want to steer clear of the more lurid conspiracy theory aspects of my understanding to this point. I will explain why. The first structural feature: the concentration of worldwide wealth, first to a small number of nation states; then, within those nation states to a remarkably small number of individuals. The second structural feature: globalization as a fait accompli. It is a done deal now and the global economy and political organization is the reality. Most of what we grew up believing about the economy and political organization (the nation state, democracy, totalitarianism, or communism-- you name it-- it is all obsolete.) About the first structural feature: concentration of wealth. What I want to call attention to is a phenomena we can all agree on: the emergence of a single man named Bill Gates as a world leader of epic power and sway. When I say we can all agree on it, I mean no one doubts Gates is one of the most wealthy and powerful people in the world. (Some people claim he is the second most wealthy--it wouldn't surprise me.) It is not controversial he is heavily invested in vaccines: vaccine research and development, production, and dissemination. This investment is both through his charitable foundation, The Bill and Melinda Gates Foundation, and in for-profit private companies. (I recall several years ago reading he'd invested 11 billion in a for-profit private company. He likely has increased this. I need to check to see if I can find out where he's at now.) It is not controversial this one man, Bill Gates, contributes more to the funding of the World Health Organization,(WHO) than all but one of the 193 nation-state members. As an aside, note the confluence of structural element number one and number two in this truly extraordinary state of affairs: One man contributing more than all of those nation-states to an organization which is an outgrowth of the United Nations, a signal or earlier attempt (failed) toward a global governance. |
The vast importance of corporations in the process of globalization became evident following the 1994 General Agreement on Tariffs and Trade to which 128 countries were a party. Under that agreement, great corporations based in Europe, America and Japan were free to move capital and technology to where labor was cheapest, environmental and workplace safety regulations were least onerous, while shipping goods to where prices were highest, and taking profits where taxes were lowest.
Since 1994, however, there has been a further evolution of the Money Power, as vast personal fortunes have been accumulated by entrepreneurs such as Jeff Bezos, Bill Gates, Warren Buffet, and dozens of others. What we are seeing now, as you show in the case of Bill Gates and global health policy, is that the globalization project is taking on a more idiosyncratic course as individual plutocrats are able to impose their personal judgment on how the future of the world should unfold.
Second:
| YusefJuly 18, 2020 at 12:11 PM Now we have this one man, Bill Gates, exercising influence and power. The exact nature of the way Gates is exercising influence and power IS CONTROVERSIAL. I don't deny it. What needs to be remembered, though, is something which wasn't controversial very long ago in the US, Canada, Britain or any other western democracy: systems of checks and balances and other forms of restraint on ALL exercises of public power and influence. I have to wonder how hard it would be to get people to see, in the case of Bill Gates and this pandemic, we do not have such systems in effect. We don't need the idea of Bill Gates as a psychopathic madman conspiring to depopulate the planet and make himself a trillion dollars richer by manipulating a crisis. All we actually need is recognition he is no longer "one man throwing his two cents into the pot, along with everyone else's two cents." We don't have a war of, or marketplace, of words and ideas duking it out on a level playing field so that in the long run the better ones win. We have one guy, who may very well have the best intentions, pulling strings here and there in the way he thinks is best-- but without any contest of ideas-- not likely the best FOR EVERYONE or, failing that, FOR THE GREATER GOOD. He can't! He has his narrow perspective, his personal experiences, his unconscious desires and drives, his imperfections, limitations, defects of character, intelligence, and personality-- just like all us slobs. (Here and there he may have some quality to recommend him so what, but I alone know at least a dozen smarter and better men.) There are corollaries to this. Gates is not where he is due to his merits. (Not really.) The people beneath him aren't necessarily there due to their merits, either. Gates has business skills, I would say, probably some very rusty computer skills, and he has less knowledge of biology and medicine, I think, than you or I. He is to some degree or other unable to evaluate who is best and what is best. (This is true for so many of our "leaders". They are so out of their depth it is painful. I even felt sorry for Trump. He just plain doesn't know what's going on and he's too old and too stressed to learn.) Gates is going to feel comfortable working with some people, not others, and will, as we all may tend to do, think those are the best. He is going to have, as many wealthy and powerful people do, a bias in favor of those who obtain access to him personally. These people are also not necessarily the best and may be among the worst. They may very well have access because they are powerful enough, or corrupt enough, to get it. I have to stop here. Hopefully you can see where I am going. Every time I have seen a goof-- and there have been so many-- (the 20% hospitalization rate for those infected is an example; so are Neil Ferguson's modeling results), I have been angered and seen it all as a hoax (and conspiracy.) There is plenty of evidence of hoax, conspiracy, gross negligence, and corruption, but what I am thinking now is it has more to do with our global abandonment OF WHAT WORKED WELL ENOUGH for what we all knew had to be avoided and guarded against. |
Unfortunately, there seems no obvious way back. Money has always had political influence, and with so much money held by so few, the influence of egocentric, idiosyncratic, or truly insane individuals seems certain to grow.
But Bill Gates`s strange, not to say Strangeloveian manner and impulses, gives warning to the world, so none can claim ignorance of what may lie ahead.
But what to do?
What do others think?
Meantime:
Related
Tom Chivers: Why Covid will become the new common cold
National Post: Does humanity have an unseen ally against COVID?
Monday, March 11, 2019
Amazon, Book Burning, Jews, a Treasonous Western Elite, and the New World Order
Ron Unz, has a piece today, documenting evidence of corporate book burning: specifically, Amazon's engagement in the general corporate war on free speech. The piece starts well enough:
My own assumption is that it is the latter, although, I think it is a counterproductive and therefore unwise. There are plenty of Jewish sons-of-bitches, some of them in America very powerful. Moreover, there can be no doubt that are Jewish religious fanatics who are racial supremacists who encourage the kind of brutal extremism that motivates the relentless drive to expel Palestinians from their own homeland. But the broad implication that most Jews throughout dispersed among the Western nations are fundamentally disloyal to those among whom they dwell is seems to me not only unfounded, but must inevitably undermine the loyalty of Jews to the communities in which they live.
In fact, the death of the Christian West as a unique and powerful civilization is due, I maintain, not to Jewish manipulation, however, massive the Jewish role in the death of Christendom has been, but to the treason of the Western elites, overwhelmingly, people of non-Jewish extraction. Book-burner -in-Chief, Jeff Bezos of Amazon.com, for example is no Jew. Western non-Jewish elites have themselves trashed Christianity, and now believe in nothing much beyond money, sex and power, which means getting along by going along with whatever the Money Power demands, even if that means genociding your own people and trashing your own nation.
Indeed, the future of the Western nations would have been assured had Western elites adopted the ethnocentrism of Jews, however brutal that impulse has proved to be in Palestine today*.
———
* As I have argued elsewhere, since the Jews have successfully stolen Palestine, the plight of the Palestinians would best be relieved by finding them a new homeland, perhaps in Sinai, a land without a people that could readily accommodate the a people without a land, the transfer of population to be financed by the Western nations that supported the creation of the Jewish state of Israel in Palestine.
Related:
Voice of Europe: Amazon’s modern day ‘book burning’ campaign against conservative authors
Russia Today: The West's Rejection of God Will End in Misery and Terror - Solzhenitsyn's Prophetic 1983 Warning
Russia Today: The Growing Effeminacy of the West Will Lead to a More Authoritarian State
| As most are surely aware, the last year or two has seen a growing crackdown on free speech and free thought across the Internet, with our constitutionally-protected First Amendment rights being circumvented through the agency of monopolistic private sector corporations such as Facebook, Twitter, and Google. Although as yet our government has not gained the power to ban discordant views nor punish their advocates, anonymous tech company censors regularly take these steps, seemingly based upon entirely opaque and arbitrary standards which lack any power of appeal. No one really knows why some individuals are banned or “de-platformed” and others are not, and surely this looming uncertainty has imposed self-censorship upon hundreds of individuals for every publicized victim who receives an exemplary punishment.. |
Unz then goes on to document several recent cases in which Amazon has burnt books, shoved them down the memory hole or otherwise made them unavailable to the significant portion of humanity that has come to rely on Amazon.com as the world's largest book distributor.
But Unz soon goes off on a theme he has often raised before; namely the evil influence of Jewry on American society.
I am not sure what to make of this. When Unz warms to the theme of Jewish malfeasance, his allegations are so inflammatory as to make one wonder about his intention. Is it to incite the kind of anti-Semitism that promotes Jewish community adhesion, or is it, rather, the honest view of a sensitive person of Jewish descent appalled by the history of Jews exploiting those among whom they live.But Unz soon goes off on a theme he has often raised before; namely the evil influence of Jewry on American society.
| The ADL ranks as one of our most formidable Jewish activist organizations, and according to media accounts it has been playing a central role in efforts to censor “hate speech” on leading Internet platforms such as Facebook, Twitter, and Google’s YouTube. So it seems very likely to have also been behind Amazon’s recent purge, especially once we discover the nature of some of the more significant books now banned. |
My own assumption is that it is the latter, although, I think it is a counterproductive and therefore unwise. There are plenty of Jewish sons-of-bitches, some of them in America very powerful. Moreover, there can be no doubt that are Jewish religious fanatics who are racial supremacists who encourage the kind of brutal extremism that motivates the relentless drive to expel Palestinians from their own homeland. But the broad implication that most Jews throughout dispersed among the Western nations are fundamentally disloyal to those among whom they dwell is seems to me not only unfounded, but must inevitably undermine the loyalty of Jews to the communities in which they live.
In fact, the death of the Christian West as a unique and powerful civilization is due, I maintain, not to Jewish manipulation, however, massive the Jewish role in the death of Christendom has been, but to the treason of the Western elites, overwhelmingly, people of non-Jewish extraction. Book-burner -in-Chief, Jeff Bezos of Amazon.com, for example is no Jew. Western non-Jewish elites have themselves trashed Christianity, and now believe in nothing much beyond money, sex and power, which means getting along by going along with whatever the Money Power demands, even if that means genociding your own people and trashing your own nation.
Indeed, the future of the Western nations would have been assured had Western elites adopted the ethnocentrism of Jews, however brutal that impulse has proved to be in Palestine today*.
———
* As I have argued elsewhere, since the Jews have successfully stolen Palestine, the plight of the Palestinians would best be relieved by finding them a new homeland, perhaps in Sinai, a land without a people that could readily accommodate the a people without a land, the transfer of population to be financed by the Western nations that supported the creation of the Jewish state of Israel in Palestine.
Related:
Voice of Europe: Amazon’s modern day ‘book burning’ campaign against conservative authors
Russia Today: The West's Rejection of God Will End in Misery and Terror - Solzhenitsyn's Prophetic 1983 Warning
Russia Today: The Growing Effeminacy of the West Will Lead to a More Authoritarian State
Tuesday, February 19, 2019
Stupid Lies About White Genocide from Paul Craig Roberts Brought to You by Ron Unz
In a post entitled "Self-Hating Whites", reproduced by the Unz Review with comment "closed," i.e., not permitted, Paul Craig Roberts, asserts:
Roberts then asks:
"Topsy-turvy"? Topsy-fucking-turvy!
Well, OK. So much for the Jewish Holocaust all white people are supposed to feel endlessly guilty about. It was nothing really. It was simply the result of German policy on ethnic minorities being "topsy-turvy."
Whether Paul Craig Roberts has gone senile, or is an agent of disinformation, I don't know. But in any case, his assessment of the genocide of the Europeans is undoubtedly pathetic if it is not deliberate misdirection. Does he, for instance, really think that identity politics spontaneously reared its ugly, white-hating head in Europe and North America? Obviously, identity politics is being foisted on the European people by the leadership, the corporate media, and the state-controlled educational system. To the extent that white people are taken in by the hate-whitey rhetoric, they are merely pathetic dupes of a campaign to make them responsible for their own demise.
Far from being the result of their own actions and beliefs, Europeans peoples are being destroyed as racial and cultural entities because they constitute the most powerful sovereign, democratic, nation states, and hence the greatest obstruction in the way of global governance by the Money Power, which is to say the global banks, and other mega-corporations, and the billionaire entrepreneur class.
Blaming the European peoples of both the New World and the Old for their own destruction is a neat trick if you can get away with it, and is firmly supported by Ron Unz's Silicon Valley Friends, the likes of the"digital gangsters" at Facebook, and Google who demand a constant influx of cheap Asian brains to develop software, rather than incur the expense of promoting good education for all Americans. That Trump is an American-Firster, at least in theory, is of course, why the elite class in America and the World hate him with such virulence.
| White people are on the point of extinction. ... Whites are on the road to extinction ... because of their own tax, social, and immigration policies. ... In Western countries where the white birthrate is collapsing and borders are open to nonwhite immigration, it is only a question of time before whites become a minority in their own country. As the nonwhite immigrants are not being assimilated, Western civilization itself is on the road to extinction. |
Well, OK. So much for the Jewish Holocaust all white people are supposed to feel endlessly guilty about. It was nothing really. It was simply the result of German policy on ethnic minorities being "topsy-turvy."
Whether Paul Craig Roberts has gone senile, or is an agent of disinformation, I don't know. But in any case, his assessment of the genocide of the Europeans is undoubtedly pathetic if it is not deliberate misdirection. Does he, for instance, really think that identity politics spontaneously reared its ugly, white-hating head in Europe and North America? Obviously, identity politics is being foisted on the European people by the leadership, the corporate media, and the state-controlled educational system. To the extent that white people are taken in by the hate-whitey rhetoric, they are merely pathetic dupes of a campaign to make them responsible for their own demise.
Far from being the result of their own actions and beliefs, Europeans peoples are being destroyed as racial and cultural entities because they constitute the most powerful sovereign, democratic, nation states, and hence the greatest obstruction in the way of global governance by the Money Power, which is to say the global banks, and other mega-corporations, and the billionaire entrepreneur class.
Blaming the European peoples of both the New World and the Old for their own destruction is a neat trick if you can get away with it, and is firmly supported by Ron Unz's Silicon Valley Friends, the likes of the"digital gangsters" at Facebook, and Google who demand a constant influx of cheap Asian brains to develop software, rather than incur the expense of promoting good education for all Americans. That Trump is an American-Firster, at least in theory, is of course, why the elite class in America and the World hate him with such virulence.
Monday, August 27, 2018
Why Both Liberals and Conservatives Hate Trump and How Their Antagonism Hurts Canadians
Everyone hates Trump: Democrats and Republicans, Liberals and Conservatives. Paul Ryan, Justin Trudeau, Theresa May. They hate Trump because he is the enemy of the elite factions, aka, the Deep States, that rule the Western nations.
The Deep State despises the people, who they see as cattle to be controlled and exploited. The Deep State rules not in the interests of the people, but to serve as agents of the global Money Power.
Thus, as Justin Trudeau declared to the New York Times, the Canadian nation is defunct.
Trump is a throwback. He is a King and Country ruler. The King protects the People, the People defend the King. Thus were nations long ruled by wise monarchs, Elizabeth I of England, for example, and later by aristocratic elites, as in the early days of Britain's parliamentary democracy.
To the globalist, Treason-Party elites that run the Western nations, nothing more catastrophic that the election of President Donald Trump can be conceived. What use to the International Money Power is a US Congressman if Trump can just slap a 25% tariff on any imported good he chooses, steel, machinery, computers and car parts, shirts and shoes and a thousand other things? Such actions disrupt the profitable employment of trillions invested in a world headed for global governance and the unrestricted international movement of capital, technology, goods and labor. What use are contribution to the Pierre Elliot Trudeau Foundation, or the appointment of former Canadian Prime Ministers to the boards of international companies if the Government of Canada caves to the Trump agenda?
For the Canadian people, however, what is bad for the elite in the Trump agenda is clearly good for them. Were Canada to seek a place within the American trade ring-fence, investment would boom as it is already booming in the US, labor markets would become tight, wages would rise. Inflation would pickup, as would interest rates, and Canada's grotesquely inflated housing market would slump. Houses would then be cheap again, young people would form households earlier, the national fertility rate would, heaven forbid, rise, and the need for mass replacement immigration would subside, as the globalist-battered Canadian nation revived.
Related:
IWB: Schweizer Exposes More Joe Biden Corruption — It’s ‘Going to be a Central Issue’ in 2020. “Corruption is being globalized.”
The Deep State despises the people, who they see as cattle to be controlled and exploited. The Deep State rules not in the interests of the people, but to serve as agents of the global Money Power.
Thus, as Justin Trudeau declared to the New York Times, the Canadian nation is defunct.
| ‘‘There is no core identity, no mainstream in Canada’... There are shared values* [which are] what make us the first postnational state.’’ Justin Trudeau — New York Times. *Such values to be dictated by the elite by means of school and media brainwashing, social media and search engine censorship, and by legal enforcement of political correctness through pseudo human rights tribunals, and other mechanisms of fake social justice. |
To the globalist, Treason-Party elites that run the Western nations, nothing more catastrophic that the election of President Donald Trump can be conceived. What use to the International Money Power is a US Congressman if Trump can just slap a 25% tariff on any imported good he chooses, steel, machinery, computers and car parts, shirts and shoes and a thousand other things? Such actions disrupt the profitable employment of trillions invested in a world headed for global governance and the unrestricted international movement of capital, technology, goods and labor. What use are contribution to the Pierre Elliot Trudeau Foundation, or the appointment of former Canadian Prime Ministers to the boards of international companies if the Government of Canada caves to the Trump agenda?
For the Canadian people, however, what is bad for the elite in the Trump agenda is clearly good for them. Were Canada to seek a place within the American trade ring-fence, investment would boom as it is already booming in the US, labor markets would become tight, wages would rise. Inflation would pickup, as would interest rates, and Canada's grotesquely inflated housing market would slump. Houses would then be cheap again, young people would form households earlier, the national fertility rate would, heaven forbid, rise, and the need for mass replacement immigration would subside, as the globalist-battered Canadian nation revived.
Related:
IWB: Schweizer Exposes More Joe Biden Corruption — It’s ‘Going to be a Central Issue’ in 2020. “Corruption is being globalized.”
Monday, July 9, 2018
The Pope Is An Agent of the International Money Power Intent on the Destruction of the European Peoples: Catholic Bishop
It has long been evident to me that the Pope is an unChristian, globalist tool.
We now have confirmation of that from Catholic Bishop, Athanasias Schneider. Presumably, Pope Bergigolo is now trying to figure out a way of having Bishop Schneider burnt at the stake. Here is Bishop Schneider's take on the Pope's insidious role:
We now have confirmation of that from Catholic Bishop, Athanasias Schneider. Presumably, Pope Bergigolo is now trying to figure out a way of having Bishop Schneider burnt at the stake. Here is Bishop Schneider's take on the Pope's insidious role:
| The Catholic church is being used as a pawn in a well-orchestrated plan to radically alter the Christian identity of European nations through mass migration, said Bishop Athanasius Schneider in a bombshell interview last week. Schneider, who serves as auxiliary bishop of Astana, Kazakhstan, told the Italian daily Il Giornale that the current migrant crisis “represents a plan orchestrated and prepared for a long time by international powers to radically alter the Christian and national identity of the peoples of Europe.” To achieve their objectives, these powers abuse “the true concept of humanism and even the Christian commandment of charity,” Schneider said, exploiting the moral authority of the church for anti-Christian purposes. The powers in question “use the enormous moral potential of the church and their own structures to achieve their anti-Christian and anti-European goal more effectively,” he said. The interview was released in the midst of a series of initiatives by Pope Francis to bring about a “change in mindset” regarding immigration by focusing on the positive contributions of immigrants rather than the negative fallout from mass migration. Read more |
Thursday, July 5, 2018
Genocide of the European Nations By Mass Immigration
Warning of the treasonous intent of European elites, Brendan O'Neill writes:
| It is becoming increasingly clear why immigration is so important to the EU elites: because they see the mass movement of people essentially as a weapon against national sovereignty. Their mass-migration project of recent years hasn’t been a humane endeavour to improve the lives of foreign peoples; it has been about further erasing borders, using migrant flows effectively as a tool to push the EU oligarchy’s post-nation agenda." |
Um, yes, that's been obvious for years, as years ago we pointed out. If you destroy the fertility of a nation with a compulsory sex-ed program that teaches that the only sexual vice is reproduction, and then you bring in a lot of folks from elsewhere, you will inevitably destroy the sovereign democratic nation state. because you will have destroyed the people who made up the nation.
Until Trump, national genocide was the policy of just about every European-majority "nation," with the exception of Russia, which continues a desperate struggle to prevent a national population implosion.
Who is driving the destruction of the Western nations?
The Money Power, obviously, which is to say the global corporations that off-shored as many jobs as they could from the Western nations to the sweatshops and plantations of Asia, Latin America, Africa and the Middle-East, while at the same time promoting mass immigration to the West, thereby driving down wages and hence the cost of providing the goods and services that could not be off-shored.
The result?
A massive increase in wealth disparity between rich and poor throughout the West.
Who is fighting with such ruthless determination to destroy Trump?
The globalist money power, obviously: the people who reap the massive windfall profits that have been won by exporting vast chunks of Western economies to tyrannies such as those of China, Vietnam, while importing scab immigrant labor to destroy the living standards of the working people of the West.
Who allowed this genocidal crime?
The political puppets of the West, such as the trust-fund kid, Prime Minister Justin Trudeau of Canada, who rules what he calls the World's first post-national state.
How is the war on the Western nations and against Trump being waged?
As all genocides are waged: with racist hate speech.
In London, England, now a non-English majority city (like Birmingham, Britain's second city) a Muslim mayor of Pakistani origin approves a public insult to the visiting US President in the form of a Trump-like blimp clad in a diaper flying from London's Parliament Square.
Meantime the Guardian, which with the BBC is Britain's leading advocate of white genocide, smears those opposed to national self-destruction as far-right-wing racist, extremists.
How is it that the Western governments have been taken over by self-hating destroyers of their own people, leaders such as the former Communist Angela Merkel, the former Trotskyite, Tony Blair, the advocate of French "metissage," President Sarkozy, or England's silliest Prime Minister, Theresa May, who as Home Secretary advocated for Shariah courts in Britain?
Simple. Bribery.
Elected officials do not rule the Western democracies. The Money Power, the global corporations, the megabanks, a handful of plutocrats rule through the politicians they fund and to whom they provide after-office rewards (multi-million-dollar royalty payments for crap books no sane person would buy, corporate directorship, whatever, really, the scumbag politicians want)*.
Such payoffs are made with absolute reliability, not because the plutocratic elite are trustworthy or honorable, but to reassure the puppets in power now that they will get theirs: provided that they follow the script.
That's the reason for the particular hatred of Trump. He's always had whatever he wanted, women, planes, palaces, and he's still got a billion or two in hand, so the globalists have no handle on him.
———
* It's the same method that big Pharma uses to payoff corrupt scientists who approve their dodgy drugs.
Related:
Patrick Buchanan: The Never Trumpers Are Never Coming Back
CanSpeccy: Europe's New Genocide
CanSpeccy: Are you a far-right-wing extremist, racist, anti-Semite against genocide?
Until Trump, national genocide was the policy of just about every European-majority "nation," with the exception of Russia, which continues a desperate struggle to prevent a national population implosion.
Who is driving the destruction of the Western nations?
The Money Power, obviously, which is to say the global corporations that off-shored as many jobs as they could from the Western nations to the sweatshops and plantations of Asia, Latin America, Africa and the Middle-East, while at the same time promoting mass immigration to the West, thereby driving down wages and hence the cost of providing the goods and services that could not be off-shored.
The result?
A massive increase in wealth disparity between rich and poor throughout the West.
Who is fighting with such ruthless determination to destroy Trump?
The globalist money power, obviously: the people who reap the massive windfall profits that have been won by exporting vast chunks of Western economies to tyrannies such as those of China, Vietnam, while importing scab immigrant labor to destroy the living standards of the working people of the West.
Who allowed this genocidal crime?
The political puppets of the West, such as the trust-fund kid, Prime Minister Justin Trudeau of Canada, who rules what he calls the World's first post-national state.
How is the war on the Western nations and against Trump being waged?
As all genocides are waged: with racist hate speech.
In London, England, now a non-English majority city (like Birmingham, Britain's second city) a Muslim mayor of Pakistani origin approves a public insult to the visiting US President in the form of a Trump-like blimp clad in a diaper flying from London's Parliament Square.
Meantime the Guardian, which with the BBC is Britain's leading advocate of white genocide, smears those opposed to national self-destruction as far-right-wing racist, extremists.
How is it that the Western governments have been taken over by self-hating destroyers of their own people, leaders such as the former Communist Angela Merkel, the former Trotskyite, Tony Blair, the advocate of French "metissage," President Sarkozy, or England's silliest Prime Minister, Theresa May, who as Home Secretary advocated for Shariah courts in Britain?
Simple. Bribery.
 |
| Note to J.K. Rowling and the others for a diversity enriched Europe |
Such payoffs are made with absolute reliability, not because the plutocratic elite are trustworthy or honorable, but to reassure the puppets in power now that they will get theirs: provided that they follow the script.
That's the reason for the particular hatred of Trump. He's always had whatever he wanted, women, planes, palaces, and he's still got a billion or two in hand, so the globalists have no handle on him.
———
* It's the same method that big Pharma uses to payoff corrupt scientists who approve their dodgy drugs.
Related:
Patrick Buchanan: The Never Trumpers Are Never Coming Back
CanSpeccy: Europe's New Genocide
CanSpeccy: Are you a far-right-wing extremist, racist, anti-Semite against genocide?
Sunday, February 18, 2018
Niall Ferguson: The Decline of the West Explained – Not
First published by CanSpeccy on Wordpress, June 20, 2013
In his latest book, pot boiler, extended magazine article in hard covers for 28 bucks, whatever, Niall Ferguson sets out to explain why the nations of the West, so long dominant in scientific and technical skills, wealth and power, are now stagnating economically as China and much of the rest of the Third World rise in power and prosperity at an unprecedented rate.
The trouble, thinks Feguson, is the problem that Adam Smith identified as the cause of China’s economic stagnation in the 18th century: it is, he argues, our institutions. Our institutions of democracy, capitalism, the rule of law, and civil society, he says, have degenerated, resulting in the the concentration of wealth, the emergence of monopolies, a decline in educational standards and other ills that have resulted in a loss of Western competitiveness.
In form, Ferguson’s book is reminiscent of those vaguely interesting and generally incoherent lectures to which so many have been exposed during undergraduate education: a few interesting facts and ideas with many loose ends, leaving unlimited scope for further debate and literary output.
But as an account of the stagnation and relative decline of the West, Ferguson’s effort is almost entirely futile other than as an exercise in misdirection, distraction and cover-up.
If the institutions of democracy in the West are degenerating, those of the extraordinarily dynamic China are essentially non-existent. If the rule of law in America is increasingly the “rule of lawyers,” in China it is a concept barely even understood. If free and fair competition in Western economies has diminished as capital has been concentrated in fewer hands, China’ state capitalism is the complete antithesis of the free and fair market that underlay Adam Smith’s invisible hand. As for the the institutions of civil society, the West is still incomparably free compared with China where even association for the purpose of religious worship is prohibited.
So while Western institutions are in decline, China’s are absolute crap. Yet still China’s economy booms as the West stagnates. Clearly, then, there’s more to Western economic decline than the inadequacy of some vaguely defined sets of institutions.
To discover what has stultified the West, it is necessary to consider what drives economic expansion, and the answer to that is quite simple: increased investment and production. But you cannot have increased investment and production unless there are markets for the increased output, and there will only be markets for the increased output if the new production is competitively priced. But how can new output in the West be competitively priced when the legally mandated minimum wage in America and Europe is between ten and twenty or more times the rate paid factory workers in the Third World?
This is the simple, obvious brute fact that explains Western economic stagnation, to which Niall Ferguson, like any other tenured professor at a top US or UK university, must carefully avoid drawing attention.
The consequences of the fact of Western wage uncompetitiveness with the Third World are as obvious as this one basic fact itself.
Once the Uraguay Round of the Gatt (which led to the creation of the World Trade Organization) was signed by the Western states in 1994, the Western economies were on the skids.
It took a while, naturally, to export Western capital and technology, accumulated through the sweat of generations, to the Third World.
It took a while, naturally, to construct the factories, build the research centers, train the engineers, biotechnologists, the computer scientists, and the millions of production line workers in China, India, Bangladesh and a hundred other countries before the Third World was in a position to take the jobs of tens of millions of Western workers.
But the system’s in place now and the jobs have been bleeding away rapidly during the last ten years, the loss masked in part by housing bubbles that stimulated the construction industry, which is among the few that cannot be off-shored wholesale.
But now the real estate bubbles have burst or are bursting and the shrinking Western economies are plagued by deflation, falling incomes, rapidly rising welfare costs and unemployment, and ominous rumblings of social discontent. Add to the mix mass immigration of culturally disparate elements, which displaces from the workforce the least competent members of the indigenous population, and you have a recipe for both economic decline and revolution.
Hyperventilating about the degeneration of our social, legal and political institutions or getting everyone to join the Lions Club won’t solve the problem created by the treason of our elites, who have sold out the working people of America and Europe for the benefit of the money power, which has gained enormous profits through the success of globalized corporations such as IBM, Apple, Microsoft, and many others.
The only remaining question of real interest is whether the money power will get away with the genocide of the Western nations in its bid for a system of global financial feudalism. And an answer to that question, we can be sure, will not be made available by Niall Ferguson or any other member of the academic elite until such time as the question has become entirely academic.
In his latest book, pot boiler, extended magazine article in hard covers for 28 bucks, whatever, Niall Ferguson sets out to explain why the nations of the West, so long dominant in scientific and technical skills, wealth and power, are now stagnating economically as China and much of the rest of the Third World rise in power and prosperity at an unprecedented rate.
The trouble, thinks Feguson, is the problem that Adam Smith identified as the cause of China’s economic stagnation in the 18th century: it is, he argues, our institutions. Our institutions of democracy, capitalism, the rule of law, and civil society, he says, have degenerated, resulting in the the concentration of wealth, the emergence of monopolies, a decline in educational standards and other ills that have resulted in a loss of Western competitiveness.
In form, Ferguson’s book is reminiscent of those vaguely interesting and generally incoherent lectures to which so many have been exposed during undergraduate education: a few interesting facts and ideas with many loose ends, leaving unlimited scope for further debate and literary output.
But as an account of the stagnation and relative decline of the West, Ferguson’s effort is almost entirely futile other than as an exercise in misdirection, distraction and cover-up.
If the institutions of democracy in the West are degenerating, those of the extraordinarily dynamic China are essentially non-existent. If the rule of law in America is increasingly the “rule of lawyers,” in China it is a concept barely even understood. If free and fair competition in Western economies has diminished as capital has been concentrated in fewer hands, China’ state capitalism is the complete antithesis of the free and fair market that underlay Adam Smith’s invisible hand. As for the the institutions of civil society, the West is still incomparably free compared with China where even association for the purpose of religious worship is prohibited.
So while Western institutions are in decline, China’s are absolute crap. Yet still China’s economy booms as the West stagnates. Clearly, then, there’s more to Western economic decline than the inadequacy of some vaguely defined sets of institutions.
To discover what has stultified the West, it is necessary to consider what drives economic expansion, and the answer to that is quite simple: increased investment and production. But you cannot have increased investment and production unless there are markets for the increased output, and there will only be markets for the increased output if the new production is competitively priced. But how can new output in the West be competitively priced when the legally mandated minimum wage in America and Europe is between ten and twenty or more times the rate paid factory workers in the Third World?
This is the simple, obvious brute fact that explains Western economic stagnation, to which Niall Ferguson, like any other tenured professor at a top US or UK university, must carefully avoid drawing attention.
The consequences of the fact of Western wage uncompetitiveness with the Third World are as obvious as this one basic fact itself.
Once the Uraguay Round of the Gatt (which led to the creation of the World Trade Organization) was signed by the Western states in 1994, the Western economies were on the skids.
It took a while, naturally, to export Western capital and technology, accumulated through the sweat of generations, to the Third World.
 |
Collapsed Bangladesh factory where Loblaws of Canada (62% owned by
billionaire George Weston) outsourced manufacture of its "Joe Fresh" line
of apparel. More than one thousand workers died in the collapse, but as
George Weston remarked, they need the work. Garment workers in Canada
presumably do not need the work, or if they do, would be much more
expensive to hire.
|
But the system’s in place now and the jobs have been bleeding away rapidly during the last ten years, the loss masked in part by housing bubbles that stimulated the construction industry, which is among the few that cannot be off-shored wholesale.
But now the real estate bubbles have burst or are bursting and the shrinking Western economies are plagued by deflation, falling incomes, rapidly rising welfare costs and unemployment, and ominous rumblings of social discontent. Add to the mix mass immigration of culturally disparate elements, which displaces from the workforce the least competent members of the indigenous population, and you have a recipe for both economic decline and revolution.
Hyperventilating about the degeneration of our social, legal and political institutions or getting everyone to join the Lions Club won’t solve the problem created by the treason of our elites, who have sold out the working people of America and Europe for the benefit of the money power, which has gained enormous profits through the success of globalized corporations such as IBM, Apple, Microsoft, and many others.
The only remaining question of real interest is whether the money power will get away with the genocide of the Western nations in its bid for a system of global financial feudalism. And an answer to that question, we can be sure, will not be made available by Niall Ferguson or any other member of the academic elite until such time as the question has become entirely academic.
Tuesday, October 18, 2016
When Anti-Semitism Is Both Patriotic and Just
The United States is, and always has been, a plutocracy. Legislators and the Executive are elected, but they take election campaign funds and, in most cases, personal benefits (the use of corporate-owned executive jets, fishing lodges, plus after-office directorships, consultancies, book deals, etc.) from the moneyed interests. These payoffs are absolutely guaranteed, not because the paymasters are honest or inherently trustworthy, but because they have to convince the next lot of office-holders that they will get theirs. Moreover, the same interests fund both parties. Thus, when a Money-Power-controlled Republican or Democrat gets the boot from the House, the Senate, or the Oval Office, they are replaced in the House, the Senate, or the Oval Office by a Money-Power-controlled representatives of the other party.
This system of government is not necessarily all bad. It insures that the ship of state does not veer crazily from one direction to another with every turn in the electoral fortunes of the ruling political parties. Moreover, the legislators and the President are elected and thus do no doubt endeavor to do good to their constituents, or at least to appear to do good to their constituents, so far as that is consistent with loyalty to their financial backers.
This system of government is not necessarily all bad. It insures that the ship of state does not veer crazily from one direction to another with every turn in the electoral fortunes of the ruling political parties. Moreover, the legislators and the President are elected and thus do no doubt endeavor to do good to their constituents, or at least to appear to do good to their constituents, so far as that is consistent with loyalty to their financial backers.
Monday, June 13, 2016
Why?
In 2001, someone (nobody, including members of the 9/11 Commission, knows for sure who), knocked down New York's World Trade Center Towers One and Two with airliners. Later the same day, World Trade Center Tower Seven collapsed into its own footprint though not struck by an airliner — the only steel-frame high-rise (other than WTC 1 and 2) ever to do so except as the result of a controlled demolition. Very strange. But nobody to think about it: OK? Just blame it on the Muzzies.
Then the West embarked on a multi-trillion-dollar campaign (very profitable to some, e.g., the Bush-connected Carlyle Group: "we provide the gear to bomb places to Hell, then we get the contract to rebuild") to poke sticks into Muslim bees' nest in Afghanistan, Iraq, Libya, and now Syria. At the same time the gates of Vienna, Paris, London, Berlin, and Miami were flung open to a flood of Muslims, many of whom are intent on the conquest of the West. This they say, is to be achieved by the womb not the sword, which shows the gentleness of Islam, which is so much admired by the Western Cuckservative who never tire of assuring us that Islam is "a religion of love." Still, as the Miami night club massacre among other recent events shows, a bit of sword-, or in this case gun-play, to clear some space in the decadent West is apparently* considered a good thing by some members of the Islamic settler advance party.
These developments raise the question, why is the Western elite conniving at the West's racial and cultural destruction? The answer, has two parts.
First, there are the liberal-lefties in government, including thousands upon thousands of them within the great bureaucracies, plus the Commies in academia who want to destroy Western capitalist civilization and impose the dictatorship of the proletariat. Under this hoped for Wesstern incarnation of the Soviet system, they see themselves as members of the privileged nomenclatura. They are the ones, they imagine, who will decide who goes to the gulag, and who is to be shot on the spot, Lenin's remedy for any opposition.
Second, there is the Money Power, which through control of the media, Hollywood, FaceBook, etc., supports the lib-left effort to make political correctness the religion of the West. They do so in the knowledge that the loony PC multiculti agenda will destroy the sovereign, democratic nation state, and make way for global governance, i.e., government by:
(1) Trade deals negotiated by the largest capitalist entities (about 150 firms control most international business). These are the deals that Treason Party leaders including Obama, Cameron, Merkel, etc., are seeking to adopt right now, deals that transfer large powers from the nation state to international corporations; and
(2) International organizations such as the EU, WTO and the UN, which are easily manipulated by the money power by the usual mundane forms of bribery and corruption (for example, wasn't UN Sec. Gen Kofi Annan on the take in the Iraq oil for food deal?).
———
* I say apparently, because there never seems to be a competent investigation following any incident of so-called Islamic terrorism, whether it be 9/11, the London Tube bombings, or the recent Paris nightclub shootings. So whether it's Muslims taking the initiative, or a revived Gladio, or similar organization, that should take the credit, is unclear.
Related:
Edward Teague: Bush's Gang of Mad Bee Keepers
Then the West embarked on a multi-trillion-dollar campaign (very profitable to some, e.g., the Bush-connected Carlyle Group: "we provide the gear to bomb places to Hell, then we get the contract to rebuild") to poke sticks into Muslim bees' nest in Afghanistan, Iraq, Libya, and now Syria. At the same time the gates of Vienna, Paris, London, Berlin, and Miami were flung open to a flood of Muslims, many of whom are intent on the conquest of the West. This they say, is to be achieved by the womb not the sword, which shows the gentleness of Islam, which is so much admired by the Western Cuckservative who never tire of assuring us that Islam is "a religion of love." Still, as the Miami night club massacre among other recent events shows, a bit of sword-, or in this case gun-play, to clear some space in the decadent West is apparently* considered a good thing by some members of the Islamic settler advance party.
These developments raise the question, why is the Western elite conniving at the West's racial and cultural destruction? The answer, has two parts.
First, there are the liberal-lefties in government, including thousands upon thousands of them within the great bureaucracies, plus the Commies in academia who want to destroy Western capitalist civilization and impose the dictatorship of the proletariat. Under this hoped for Wesstern incarnation of the Soviet system, they see themselves as members of the privileged nomenclatura. They are the ones, they imagine, who will decide who goes to the gulag, and who is to be shot on the spot, Lenin's remedy for any opposition.
 |
| Lord Kinnock of Bedwellty and wife. Unelected former ruler of the European Union. Source. |
(1) Trade deals negotiated by the largest capitalist entities (about 150 firms control most international business). These are the deals that Treason Party leaders including Obama, Cameron, Merkel, etc., are seeking to adopt right now, deals that transfer large powers from the nation state to international corporations; and
(2) International organizations such as the EU, WTO and the UN, which are easily manipulated by the money power by the usual mundane forms of bribery and corruption (for example, wasn't UN Sec. Gen Kofi Annan on the take in the Iraq oil for food deal?).
———
* I say apparently, because there never seems to be a competent investigation following any incident of so-called Islamic terrorism, whether it be 9/11, the London Tube bombings, or the recent Paris nightclub shootings. So whether it's Muslims taking the initiative, or a revived Gladio, or similar organization, that should take the credit, is unclear.
Related:
Edward Teague: Bush's Gang of Mad Bee Keepers
Saturday, April 30, 2016
How Globalization Enriches the Money Power While Undermining the Prosperity of Almost Everyone Else
Globalization is driven by international corporations seeking what in economics jargon is known as "increasing returns to scale." What "increasing returns to scale" means is an increase in profit margin with increasing market share. A consequence of the increasing returns to scale achieved by some corporations through globalization is the retardation or reversal of economic development in all but the most advanced sectors of the most advanced economies.
How returns increase with scale, i.e., how profit margins expand with market share, is easily understood by considering the case of Microsoft, one of the corporations that has profited mightily from globalization. If Microsoft spends $100 million on upgrading a software package or developing a videogame, the cost to Microsoft of the first copy of that product is $100 million. However, the second copy that Microsoft sells, if delivered over the Internet, costs only pennies. Thus, if the sale price of the software is $100, then the break even point for Microsoft is a million copies. At two million copies, Microsoft has a profit of one hundred percent. At ten million copies, Microsoft has a profit of one thousand percent. That's the magic of increasing returns to scale.
No wonder, then, that the global corporations are willing to do almost anything, including buying the allegiance of governments, to grab a greater share of the global market. Besides software developers, the companies that benefit from increasing returns to scale include: book publishers, movie makers, Internet pornographers, drug manufacturers and the the producers of consumer electronics, household appliances, and cars, all of which have high first-copy development costs.
Achieving increased returns to scale means having governments in place that will press for the elimination of trade barriers and regulatory regimes that restrict global sales. The result is to crush start-ups and less well capitalized competition throughout the world. The Russians, for example, had serviceable, if clunky cars (and many other products) of their own manufacture prior to the collapse of the Soviet Union. However, after the collapse, domestic industries were hammered as state assets were looted and much of the cash thus realized expended in conspicuous consumption of imports — Mercedes, BMW and other high-end foreign brands. As a result, many of the indigenous domestic industries were destroyed and the workers made redundant, often dying prematurely as a result, while the globalized corporations that destroyed them enjoyed increased returns to scale.
The same dynamics occur wherever global competition is let loose against weak domestic producers, as is occurring in Ukraine under the economically suicidal oligarchy headed by the US and Nazi backed billionaire, Petro Poroshenko. But the damage is not confined to less developed economies. In Europe and North America, for example, globalization has devastated local manufacturers of shoes and shirts, computers and car parts to name but a few of those unable to compete against low-wage Asian sweatshops. Thus, while shareholders in Microsoft, Apple, IBM, GE, and WalMart, to name but a few, have pocketed trillions in capital gains since Bill Clinton and his European counterparts signed the 1994 GATT agreement that kicked off the current round of globalization, workers in the west have suffered falling or stagnant wages, or long-term unemployment as a direct result. Moreover, the impact on Western workers has been greatly exacerbated by mass immigration of cheap labor from the Third World, the other deadly, indeed genocidal, aspect of globalization.
Thus, throughout the ex-Soviet Union and the Third World, globalization has meant the reversal of economic development. In these countries, the most advance industries have mostly been crushed in the competition with giants of the First World, to be replaced by either sweatshops paying mere pennies an hour, or primary industries, including farming, forestry and mining. In either case, the returns to scale are negative, thus driving a continual reduction in standard of living. For example, a country may earn foreign income by logging its forests and exporting the products, but as production grows, prime forests are depleted forcing the resort to lower quality timber that yields lower returns on investment in labor, roads, machinery, etc. The same negative return to scale emerge in both agriculture and mining, as the best resources become fully exploited and further expansion of the industry depends on the resort to poorer land or lower grade mines.
The current drive for globalization, thus chiefly serves only one interest: that of the Money Power. To ordinary folk in every country, rich or poor, globalization has proved detrimental to human welfare. Thus now is the time to restore the independence of democratic nation states free from the control of the Money Power and free to develop national economic policies that serve the interests of the people, not those of bankers software billionaires, and sweatshop operators.
Related:
Erik Reinert: How Rich Countries Got Rich . . . and Why Poor Countries Stay Poor
Andy Grove: How America Can Create Jobs
CanSpeccy: Europe, the Perils of Complacency
How returns increase with scale, i.e., how profit margins expand with market share, is easily understood by considering the case of Microsoft, one of the corporations that has profited mightily from globalization. If Microsoft spends $100 million on upgrading a software package or developing a videogame, the cost to Microsoft of the first copy of that product is $100 million. However, the second copy that Microsoft sells, if delivered over the Internet, costs only pennies. Thus, if the sale price of the software is $100, then the break even point for Microsoft is a million copies. At two million copies, Microsoft has a profit of one hundred percent. At ten million copies, Microsoft has a profit of one thousand percent. That's the magic of increasing returns to scale.
No wonder, then, that the global corporations are willing to do almost anything, including buying the allegiance of governments, to grab a greater share of the global market. Besides software developers, the companies that benefit from increasing returns to scale include: book publishers, movie makers, Internet pornographers, drug manufacturers and the the producers of consumer electronics, household appliances, and cars, all of which have high first-copy development costs.
 |
| How globalization affects the middle class of the Third World. Image source. |
The same dynamics occur wherever global competition is let loose against weak domestic producers, as is occurring in Ukraine under the economically suicidal oligarchy headed by the US and Nazi backed billionaire, Petro Poroshenko. But the damage is not confined to less developed economies. In Europe and North America, for example, globalization has devastated local manufacturers of shoes and shirts, computers and car parts to name but a few of those unable to compete against low-wage Asian sweatshops. Thus, while shareholders in Microsoft, Apple, IBM, GE, and WalMart, to name but a few, have pocketed trillions in capital gains since Bill Clinton and his European counterparts signed the 1994 GATT agreement that kicked off the current round of globalization, workers in the west have suffered falling or stagnant wages, or long-term unemployment as a direct result. Moreover, the impact on Western workers has been greatly exacerbated by mass immigration of cheap labor from the Third World, the other deadly, indeed genocidal, aspect of globalization.
Thus, throughout the ex-Soviet Union and the Third World, globalization has meant the reversal of economic development. In these countries, the most advance industries have mostly been crushed in the competition with giants of the First World, to be replaced by either sweatshops paying mere pennies an hour, or primary industries, including farming, forestry and mining. In either case, the returns to scale are negative, thus driving a continual reduction in standard of living. For example, a country may earn foreign income by logging its forests and exporting the products, but as production grows, prime forests are depleted forcing the resort to lower quality timber that yields lower returns on investment in labor, roads, machinery, etc. The same negative return to scale emerge in both agriculture and mining, as the best resources become fully exploited and further expansion of the industry depends on the resort to poorer land or lower grade mines.
The current drive for globalization, thus chiefly serves only one interest: that of the Money Power. To ordinary folk in every country, rich or poor, globalization has proved detrimental to human welfare. Thus now is the time to restore the independence of democratic nation states free from the control of the Money Power and free to develop national economic policies that serve the interests of the people, not those of bankers software billionaires, and sweatshop operators.
Related:
Erik Reinert: How Rich Countries Got Rich . . . and Why Poor Countries Stay Poor
Andy Grove: How America Can Create Jobs
CanSpeccy: Europe, the Perils of Complacency
Saturday, March 19, 2016
Hungary's Orban: The EU, In the Service of the Globalist Money Power, Abets the Genocide of the European Nations Through Mass Immigration of Settlers Intent on Transforming Europe In Accordance With Their Own Religion amd Culture
Perhaps other members of Europe's ruling elite will see opposing treason as a route to self-advancement. However, most, we suspect, will continue to serve the genocidal Money Power, which has, well, the money and which makes treason eminently well rewarded. (cf. Tony Blair, Hillary Clinton, etc.). More likely, therefore, we will see the untimely end of both ingrates such as Orban, and traitors to the plutocracy such as Trump.
Still, one should not despair.
Middle-aged white Americans are dying of despair, while scum-bag NeoCons at National Review heap contempt upon those thus destroyed, and the genocidal world governance crowd deploy a vicious regime of political correctness, backed by fascistic mobs such as Black Lives Matter to destroy their opponents.
Problem is, Americans, no more than Brits., the French, the Germans, the Hungarians, are ready to die. The votes are on the side of Orban in Hungary, of the Boris Johnson for Brexit in the UK, and for Trump in the US.
So die, NeoCon Scum, die. Meantime, Vive la Russie, a regime that is putting in place:
a "conservative revolution." By encouraging birth, patriotism, defense of religious tradition, historic tradition, the pride of independence, the efforts to equip itself with a modern army...The danger for the western socio-liberal alignments is that these principles that they denounce as populist might just take hold in Europe. (Source).Related:
CanSpeccy: The "Refugee" Invasion of the Baltic States and the Islamic Conquest of Europe
CanSpeccy: Universal Genocide and the New World Order
CanSpeccy: European Genocide: Explained by a Diagram
CanSpeccy: The Facist New World Order
Friday, March 11, 2016
Why the Economy's Crap
Even if you only glance at the business news headlines, you know that there have been numerous warnings of a forthcoming economic crisis of huge proportions.
One theory is that Central Banks, having lowered interest rates to almost nothing, or even less than nothing, are "running out of options."
It's as if central banks are somehow the engines of economic activity and growth, whereas in fact they are nothing more than largely ineffectual regulators of private banks and, with the private banks, a source of monetary emission.
Another theory pushed by at least one Nobel-prize winning economist is that anti-diluvian know-nothings like Donald Trump resist international trade agreements urgently need to stimulate exports.
The truth, however, is different and quite simple. The economy slows or shrinks when spending slows or shrinks. That is self-evident, since no service is provided or good produced without a buyer (at least in prospect). Therefore, if the economy is in decline, there must be a lack of demand. So the only real issue is this:
Why are Western economies experiencing a lack of demand? Why won't people spend? Do they need some kind of spending Viagra?
No way.
The problem is not that people have lost their appetite for stuff. Who wouldn't eat steak instead of hamburger, or drive a 2016 M-series BMW rather than a 2006 PT Cruiser?
So what's up?
Folks are just maxed out on all lines of credit and too many have no hope of doing better than working at WalMart, part-time for crap wages, or they're still buying food and clothes for their 20- or 30-something kid whose still living at home at parental expense, or they just got laid off by Ford in Michigan, or Nabisco in Chicago, or Carrier Air Conditioning in Indiana — all of whom are relocating plants from the US to Mexico, or they just had to train their cheap immigrant replacement workers at Disney.
So what's the solution?
Technically, there are lots of possible solutions and this is not some boring economics paper that goes into tedious details to confirm my econo-cred. Suffice it to say that a solution will entail getting more money into the hands of people who are short of cash, i.e., the 99% (most of 'em, anyhow).
How to do that?
Again, there are many possible solutions, and I have no intention of going into the tedious technical details about the regulation of international trade, of capital flows and all the other stuff that make your eyes glaze over and convince you that economists are serious technicians, rather than the con-men most of them really are.
But I will give, as an example, one possible solution:
Hand out cash. For the US, for example, give everyone $250.00 a month, free money.
How the Heck?
Easy. Just print it as the Fed does already to cover the cost of all those futile government jobs, you know, Common Core and the rest of the Department of Education, almost free loans to the likes of Tesla-man and anti-Trumpeteer, Elon Musk, and all the stupid war spending that has screwed up the Middle-East and made Americans deservedly hated throughout the World.
But it would make inflation, you say.
Well actually no, or not that much, anyhow. The problem now is deflation. There are underused or abandoned resources throughout the West, most notable, tens of millions of unemployed youth, tens of millions more of older workers booted from the workforce as the result of global wage arbitrage and left on the scrap-heap.
But the sight of the US Government giving money to the plebs rather than smooth-talking alt. energy execs., the state of Israel, Lockheed Martin, etc., etc. would spook the Chinese and other hoarders of the US dollar, resulting in a dollar devaluation.
The consequence of devaluation would be (a) to raise the price of all those cheap shoes and shirts, car-parts and computers that Americans love to buy from the sweat-shops of Asia, and (b) to stimulate American production of those formerly out-source products.
The scoundrels fronting for the globalist Money Power, the Cruzes and Rubios, plus all the other member of the US Congress will howl about the resulting rise in prices: Shit, we don't give a damn about Americans finding work if that means rising prices. No, no, no. We want our T-shirts and shoes and all the rest from collapsible factories in Bangladesh and wherever Asians are sweated for pennies an hour. Screw American workers.
What the Money Power propaganda operatives will not tell you is that unrestricted free trade maximizes the profits of global corporations, i.e., the corporate giants that own the US Government.
That's the real reason that Western workers must suffer. But don't hold your breath waiting for any Nobel-Prize winning economist to say so, unless you think they give Nobel Prizes to people who attack the interests of the Money Power.
Related:
Screw the Workers: Hillary promises to put a lot of coal miners out of work
One theory is that Central Banks, having lowered interest rates to almost nothing, or even less than nothing, are "running out of options."
It's as if central banks are somehow the engines of economic activity and growth, whereas in fact they are nothing more than largely ineffectual regulators of private banks and, with the private banks, a source of monetary emission.
Another theory pushed by at least one Nobel-prize winning economist is that anti-diluvian know-nothings like Donald Trump resist international trade agreements urgently need to stimulate exports.
The truth, however, is different and quite simple. The economy slows or shrinks when spending slows or shrinks. That is self-evident, since no service is provided or good produced without a buyer (at least in prospect). Therefore, if the economy is in decline, there must be a lack of demand. So the only real issue is this:
Why are Western economies experiencing a lack of demand? Why won't people spend? Do they need some kind of spending Viagra?
No way.
The problem is not that people have lost their appetite for stuff. Who wouldn't eat steak instead of hamburger, or drive a 2016 M-series BMW rather than a 2006 PT Cruiser?
So what's up?
Folks are just maxed out on all lines of credit and too many have no hope of doing better than working at WalMart, part-time for crap wages, or they're still buying food and clothes for their 20- or 30-something kid whose still living at home at parental expense, or they just got laid off by Ford in Michigan, or Nabisco in Chicago, or Carrier Air Conditioning in Indiana — all of whom are relocating plants from the US to Mexico, or they just had to train their cheap immigrant replacement workers at Disney.
So what's the solution?
Technically, there are lots of possible solutions and this is not some boring economics paper that goes into tedious details to confirm my econo-cred. Suffice it to say that a solution will entail getting more money into the hands of people who are short of cash, i.e., the 99% (most of 'em, anyhow).
How to do that?
Again, there are many possible solutions, and I have no intention of going into the tedious technical details about the regulation of international trade, of capital flows and all the other stuff that make your eyes glaze over and convince you that economists are serious technicians, rather than the con-men most of them really are.
But I will give, as an example, one possible solution:
Hand out cash. For the US, for example, give everyone $250.00 a month, free money.
How the Heck?
Easy. Just print it as the Fed does already to cover the cost of all those futile government jobs, you know, Common Core and the rest of the Department of Education, almost free loans to the likes of Tesla-man and anti-Trumpeteer, Elon Musk, and all the stupid war spending that has screwed up the Middle-East and made Americans deservedly hated throughout the World.
But it would make inflation, you say.
Well actually no, or not that much, anyhow. The problem now is deflation. There are underused or abandoned resources throughout the West, most notable, tens of millions of unemployed youth, tens of millions more of older workers booted from the workforce as the result of global wage arbitrage and left on the scrap-heap.
But the sight of the US Government giving money to the plebs rather than smooth-talking alt. energy execs., the state of Israel, Lockheed Martin, etc., etc. would spook the Chinese and other hoarders of the US dollar, resulting in a dollar devaluation.
The consequence of devaluation would be (a) to raise the price of all those cheap shoes and shirts, car-parts and computers that Americans love to buy from the sweat-shops of Asia, and (b) to stimulate American production of those formerly out-source products.
The scoundrels fronting for the globalist Money Power, the Cruzes and Rubios, plus all the other member of the US Congress will howl about the resulting rise in prices: Shit, we don't give a damn about Americans finding work if that means rising prices. No, no, no. We want our T-shirts and shoes and all the rest from collapsible factories in Bangladesh and wherever Asians are sweated for pennies an hour. Screw American workers.
What the Money Power propaganda operatives will not tell you is that unrestricted free trade maximizes the profits of global corporations, i.e., the corporate giants that own the US Government.
That's the real reason that Western workers must suffer. But don't hold your breath waiting for any Nobel-Prize winning economist to say so, unless you think they give Nobel Prizes to people who attack the interests of the Money Power.
Related:
Screw the Workers: Hillary promises to put a lot of coal miners out of work
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