Whats it all about. My View.


I posted this comment in a discussion in Linked in about the so called Euro Crisis. This is a crisis of democratic oversight. Unfair advantage ceded to private financial interests abusing the right to issue the means of exchange which is relied upon and dependent upon the cooperation of all in society.


 http://www.linkedin.com/groupItem?view=&gid=3056216&type=member&item=116636723&commentID=86329919&report.success=8ULbKyXO6NDvmoK7o030UNOYGZKrvdhBhypZ_w8EpQrrQI-BBjkmxwkEOwBjLE28YyDIxcyEO7_TA_giuRN#commentID_86329919



Its about Stakeholder oversight Eduardo and that means democracy and flat organizational structures, communication understanding different points of views needs and wants and knowing what the real resources available to achieve collective goals is that means stepping away from Special interests or selfish interests and making a judgment as to the common good for all stakeholders whether in Private businesses or Communities. Nutrition Health Education Housing equal opportunities consideration for ones Neighbor and their Neighbors neighbor being allowed to operate in an even playing field Free Market competition is one of the more cruel myths of Crony Capitalism with its state endorse monopolies and oligopolies and its hideously rigged financial system at its heart. What it is about is a stakeholder society if Society has oversight of its organizational structures then ultimately failure rests with each one of us where the present system condemns the vast majority of citizens to certain failure 97% of money in circulation represents the debt of some other person in society and the whole system requires debt to grow exponentially which sees an accelerating pace of more and more people being excluded and we are all expected to believe that if we work hard and are prudent we will be one of the winners. Sadly the Money system is raping the Prudent and hardworking and the helpless and is lining its already bulging pockets this has accelerated since 2007 when institutions supposed to stop it and protect us from these abuses have become more in the debt of the system that they bailed out without asking us all about it and the EU are desperate that we should still not be asked witness Greece , remember the strong arm attempts on Iceland. What do you thing Libya was really about or Iraq for that matter and now Syria and Iran,

what do yo think Carbon Taxation and trading is really all about and all the
quasi religious Carbon stuff. I'm a tree hugger myself so I do not represent oil lobbies and definitely deplore deforestation as well. But Carbon Taxing is a great way to re base a broken Banking model with a central purpose of biblical proportions lets save the planet.( what about all the other polution?)

Yes Lets save the Planet and 99% of humanity with it call time on the Banks robbing our communities and society of what is rightly its own that is its own potential to produce and belief in the credit of and commitment of other members of society to strive for a better life.

Anyway this isn't a manifesto but both Governments and Corporations and especially Corporate Government and the corporate rent seeking state all need dismantling and re building in the image of the people for communities and the society they want to see.
Think Local and let the big grow out of the small for the projects and so forth that require wider cooperation, Globalism is about exploitation not about cooperation and mutual benefit.
Get the stakeholders back in the driving seat I say ( in the driving seat? as I do not believe it has ever been so . The Scandinavian countries have came closest and that goes back to the 1930's the history of Sweden on Wikipedia is very interesting and is worth a read to see how social justice if enacted as a core requirement of governance. ( the general strike here in the 1930ś got a real commitment as was the disclosure by the banks in the 92 banking system) something to do with Scandinavian straight talking I guess.)) can do great things. Its another model that could bear looking at. 

  United States of America,. United States of Europe same story both sides of the pond.
Goldman Sachs instrumental in Both.
A debt commission as called for by Tpiris in Greece is a good idea the politicians and Bankers will do anything they can to avoid that . We have a banking commission in the UK called the Vickers commission it was a predictable whitewash, separating Retail from Investment banking is a distraction from the real problem which is the Debt based Bank money. Vickers went the extra mile to make sure the usury went un questioned it must be exposed for what it is a theft of societies potential for the benefit of a very few who's interests are completely divorced from any community based interests.
Full disclosure , independent and broadly based stakeholder representative oversight.
Usury is a destroyer of civic society, this is a truth found in many philosophical and religious writings it is not found in main stream economic theory, that is telling a lot of things do not appear in Main Stream Economics its a coalition of Charlatans.

The Global Hydra of Financialised Kleptocracy , what Roy Madron calls a monetocracy, has several discernible heads. Harold Wilson identified the Gnomes of Zurich, Theres the BArbarians at the Gate in Wall Street, The Flashmans of the City of London, And the Bombastic Robber Barons of Frankfurt.
From, Wall Street in the West to Frankfurt in the East a curtain of debt has descended that seeks to trap us etc etc. Not much into Rhetoric and Speechifying.

http://www.youtube.com/watch?v=u_Ov6rYiEl8

  we do not need to be intimidated we need to just withdraw cooperation in any small way we can. Bank with a mutual or credit union, grow some vegetables in your garden or window boxes, utilise local currency schemes where possible start one where its not.
Discuss practical schemes for local benefit with friends family and neighbors, social network, form local study groups and support networks. All olf these things will build team spirit in team 99%. Start small and remember life is about the journey we are born we die how fulfilling we make the journey between the two is up to us its a hell of a lot more fun making a journey with friends and meeting friends along the way than not sharing experiences and experience we alpl need to be each others Sensai on the road to
a more fulfilled life, usury is designed to prevent us enjoying the journey suffering doesn't ennoble us but freeing ourselves from bondage does. Debt peonage or freedom and a vegetable patch, I know which way I'm headed.

  the circularity of the International Financial FIAT DEBT Money Web is highly interdependent of cross border slight of hand. The Western FIAT money system has been Pegged to the Petro Dollar as the main settlement currency since the Early Seventies.( In that sense all currencies including the Euro since its inception has been Dollarised.

Some people consider that the Euro was threatening this Petro Dollar Hegemony by accident if not by design, which would be very bad news for the US as effectively it has allowed The US an extremely large free lunch since the early 70ś , as a FIAT Currency of Last resort in Private control through Private Bank money and remember the Fed is also Private ,( theres absolutely nothing Federal about it.) The senior partner in the Partnership has been over dipping I'm afraid a pattern we see repeated in the Corporate and Financial worlds as well.

The Euro, the proposed Gold Dinar the Yaun and Rouble and possibly Yen mutuality agreements all point to the thieves alliance being under pressure as the US has taken too much out of the pot as have the Financial systems elsewhere it really is a classic re run of Aesops Golden Goose. ''Much wants more, and loses all.'' Other cultures probably understand money and its function in commerce rather better than we westerners where since the 1545 act "An Act Against Usurie" (37 H.viii 9) of King Henry VIII of England effectively by mystifing money and misrepresenting the nature of banking to the public since then the abusers of the system have brought us all to the brink of this particular Abyss. With successive liberalisation and deregulation the repeal of the Glass Steegle act being the most infamous example of recent times.( In the US)

From Central Bank SDR's and the whole artifice of the international Money System all the way down to licensed deposit taking , is flawed with the Capital Ratios inherent to a runaway system of money creation we have. Fractional reserve banking when the Derivatives markets are added back in are completely beyond any sensible and sustainable abuse of this inherently abusive system.

Whether the Euro is Dollarised or not does not get away from the fundamental design flaw that is still ruining America just as much as it has ruined Greece ( For Now).

I can't help but think that centralising more money creation power into the US would in anyway be helpful but that seems to be what the US politicians and Bankers are shooting for, An old friend of mine used to joke that the best thing the UK could do Economically would be to Declare War on the USA and Give up, thereby becoming the 51st state. Maybe this is what David Cameron has in mind, not the War Part, he may well have already studied the Sale of Alaska to the US by Russia. In 1867.

Heres a wikipedia table of External debt by Country it points to how circular the whole tottering edifice is.

http://en.wikipedia.org/wiki/List_of_countries_by_external_debt

One really good reason that other countries do not wish to be Dollarised is that the US has over drawn on its own credit in large part to bail out its own Zombie Banks successively again since the 70's with fewer and fewer wrong doers being penalised ( from 20078 none at all.) with that great fraud on the American Taxpayer and future generations TARP. That Spain would be considering something similar and that Greece and Ireland were effectively strong armed into force feeding the same medicine to its citizens is a great indication that people just won't wear it. Europe in large part is still less of a police state than America and Europe will not be so easy to marginalise as a whole,as has been achieved in Iraq, Libya,and is now being attempted in Syria, and Iran and Georgia? Theres a big divide and rule strategy in play here and a strong current of opinion pushing for war the last refuge of survival and re nourishing of the corrupt money system we now suffer under. 


And Finally an interesting exchange of pleasantaries with a Banker type yankee chappy.

  I was the first person to testify in Congress (5-5-09) that continued deficit spending and government bail out guarantees would break the AAA credit rating of the United States.
(http://www.youtube.com/watch?v=LUgkrDdD8vo)

I was writing that the euro was over in late 2009, because Italy was a "pig too far". Fractional banking has always been considered a "necessary evil." Banking crisis are just Schumpter's creative destruction on a bigger scale.

The Fed is the 3rd bank of the USA. I believe the great bear market began in March of 2000 and is just about to finish its multi-leg down phase. Capitalism can take a likin and keep pon tickin. Socialism, not so much!

29 days ago
Roger Lewis Debt Peonage = Capitalism

http://www.youtube.com/watch?v=1Fb-lEHkosA&feature=plcp

Is this Capitalism?

http://www.semco.com.br/en/content.asp?content=3&contentID=566

The Intellectual Case made for Capitalism rarely defines what it is that it is setting out to defend or support at its Core. What is capitalism not what are capitalisms alleged victories or gifts to ordinary people.

Most so called capitalists are promoting the Debt Based fIat money System and the extension of and innovation of Usury. Capital being money used in the making of more money as an end in itself. At its core that is what Capitalism seems to be to me.

I would not equate that end with civic society and commerce this after all flourished in the Middle East during what are termed the Dark Ages in Europe much of the innovation and scientific discoveries of the enlightenment were in fact rediscoveries of ancient Science and Philosophy preserved in the great Islamic centers of Scholarship and those of the Far East.

Capitalism is a strange almost Ptolemaic system of understanding putting modern interpretations and claiming modern provenance for the world as it is now ( where these things are perceived as progress in the center of things as an originator around which axis everything else revolves.

In Future Money James Robertson argues for a Copernican revolution in societies understanding of money and economics, I believe this is now perceptible at the grass roots.

Comments

  1. I agree that the Euro is better off put behind all its participants there are several countries outside it still that have a commitment to opt in including Sweden not the UK
    which has a position others have critisised it for . Rats desert Sinking Ship's they don't generally swim into them.

    The American interest in all of this is of course not altruistic they are worried about contagion and to avoid this are trying to prop up the fundamentally unsound ponzi scheme which is also Rampant in the US.

    The perfect outcome for US Financial Hedgemeony as well as Military is to see Europe sleep walk into a TARP for the private banks in Europe foisting austerity onto the European citizens and a system which no one in Europe would ever vote for.
    American society particularly its lack of a safety net and the stark inequalities goes against European Sensibilities. In the same way that Europe needs to have more than Two Speeds Boom and Bust the US could use that too.

    Politics are more evolved in Europe at the level of the population and there is a broader philosophical appreciation in Europe as to the past mistakes of Monarchs and emperors etc a lot more blood and of our own blood has been spilt over here down the centuries and The Americans really just do not have that same rich depth of social history to look back to and draw from ( What it does has has been sorely misrepresented and by disavowing its own constitution one can see just how little its current leadership thinks of it)

    This is a re run of 2007\8 and as I have said before the whole system in the US as well is due to be called to account Full disclosure, removal of the Charter of the Fed in 2013, A debt commission to sort out the wrong doing and annulment of the odious debt. A new Bretton Woods agreeing how national Currencies will be set relative to trading currencies. An end to privately created debt based Bank money and Fractional reserve banking.

    Propping up the zombie banks at all costs in an attempt to maintain the hopelessly corrupt and unsustainable present monetary system a second time in 5 years would be complete madness effectively that is what is being called for in Europe has been happening on the quiet again in the US on off since TARP was weaseled onto the American Tax payer.

    Everything else is a distraction lets cut out the cancer and sort out the Money Base once and for all ( The US will not be keen they know the best way to kick their own can down the road is to Bluff. Well guys its all in whats really in your hand this RIver looks Dry to me?

    ReplyDelete

Post a Comment

Check Out Popular Posts