ECONOMIC developments
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Consequences of Lying Economic Stats
A lesson on Banking & housing prices
McCain/Republican planned tax cut plus Housing Market Crunch
Sub-prime Bailout--banks, not homeowners
Neoliberalism, their global agenda--jk
Neoliberalism, Robber Barons, an historical view--jk
Neocon Economics Data--Reagan to Bush
US DEBT--explained
What 2008 has in store
The Great Debt Crisis Begins-08
Debt to Grow, Whomever is Elected
Trickle-down shit
Analysis of effects of tax cuts--exposes the neocon lie
Municipal Bonds are impacted by home loan defaults--dominoes
Let Them Die, the position of big PHARMA and WTO trade treaties
Financialization, the major new economic trend
China, poverty and manufacturing
Globalization and the Super Rich

Neoliberalism, their global agenda--jk

History is repeating itself because of a free-market economy.

NEOLIBERAL ECONOMICS, the theory used to justify globalization—jk 6/08, 4/09, 2/12

There is an evil afoot, neoliberalism economics, the brain child of the globalizers.  It is neither new nor liberal, but the rebirth of the economics practices during the era of the Robber Barons.  It brought on the Great Depression.  Neoliberalism holds that the forces of the market place should be unfettered, viz., without regulations; and a second premise is that the roles of government are better fulfilled by private businesses.  Neoliberalism is the sophistry used to justify the ruling clique’s return to the economic conditions of the 19th century.  It is just a deceptive sales pitch pushed by the corporate media and taught in a university system which has strong ties to the business community.  Don’t look to the globalizer’s theory, but to their actions and its consequences (as Naomi Kline has done in “The Shock Doctrine”).  It is the actions of a consortium headed by the big banks, and supported by global corporations and brokerage houses.  Through their WTO, World Bank, IMF, and the foreign diplomacy of the wealthy nations, over 200 nations have found it PRUDENT to sign free-trade agreements, which cover much more than trade.  These trade treaties--with acronyms such as NAFTA, CAFTA, AFTA, and MEFTA--require the dismantling of regulations governing their currency and finance, require opening the resources, land, transit, media, utilities, banking, manufacturing, and markets for foreign purchase and competition.  There are over 900 clauses in these trade treaties which permit the overriding of national and local environmental, commerce, labor, banking, and trade regulations.  This signing of a treaty is a continuation of the ruling clique/party’s historical course of action:  the ruler’s powerbase is tied to the business community and its press. A nation which resists globalization faces economic sanctions. If that fails there is the Marines and NATO.  The principle reason for the Iraq war is MEFTA, with Iraq being hung out as an example—the same occurred with Libya, and Iran will likely experience the same.  The corporate press inculcates a different explanation.  Foreign policy of the developed nations is tied on a global scale to the shadow governments.  Today’s new Robber Barons are not the monopoly capitalists & bankers like Rockefeller, Rothschild, and Morgan, but a much bigger corporate fish.  Their goal is to eliminate local competition, by establishing a world government for whom they are the shadow government.  The business ethics hasn't changed, only the size of the board upon which they play, for now it covers our planet. 

Martin de Barros
barros-money-man.jpg

There has always been a shadow governments.  Consider the words of Theodore Roosevelt, New York Times 1922: These International bankers and Rockefeller-Standard Oil interests control the majority of newspapers and the columns of these papers to club into submission or rive out of public office officials who refuse to do the bidding of the powerful corrupt cliques which compose the invisible government”.  These shadow governments wants globalization, wants bailouts for the financial sector, and governments obeys.  Ours has guaranteed 23.7 trillion of bad loans and speculative vehicles such as derivatives, and we have 80 major military bases around the globe.  U.S. and EU’s domestic & foreign policies promote the type of globalization that the shadow governments want.  They wanted to expand the debt-based currency, so we went off gold 1972—interest payments go to the banks. The expanding currency must be used, and most has gone into shadow banking activities and loans.  Consumer, commercial, and government debts in 2011 totaled over $60 trillion.  Servicing government debt is now the second biggest item in the budget ($454 billion for 2010).  The manufacturing foundation of our economy has been eroded to below 10% of employment—fast-food workers not counted.  This has resulted in an imbalance of trade amounting to over $70 billion per month (more debt).  From 2000 to 2006 the dollar has depreciated against the EURO by 38%--which of course is also loosing purchasing power, but not as fast.  This drop in our dollar’s value keeps the foreign dollars here to buy new T-bills to replace the T-bills that have matured.  This expansion of currency has created for speculators the specter of “Panic”.  It almost caused a 2nd great depression in 08.  What happened in Argentina, Asia, and Greece today, awaits the US.  The Robber Baron’s media passes the blame for economic crisis and strife on national government’s spending, but the shadow government is the ultimate cause.  Debit entails interest payments; crisis entails higher interest rates, foreclosures, and bargain purchases.  The shadow global government profits from these panics.     

The shadow-government policies has resulted in the out-sourcing of jobs, the flood of tariff-free goods, the flood of immigrants and illegal aliens, the reduction of worker’s buying power, the breaking of unions, the reduction of social services, and a shift of the tax burden by a drastic reduction of corporate & the top 1% income taxes.  The U.S. ranks 4th in GDP, yet is 92nd in distribution of wealth—UN stats.  The purchasing power of workers has steadily dropped since 1972, even though their productivity has increased by 45%.  It is consumed by the financial section which makes up 44% of corporate profits.  In 1950s a family got by on one income; there were very few working mothers.  Standards of living are falling not just in the developed nations, but also the poor nations—another fact that the corporate media denies. Global corporations including banking are the foreign weeds choking out native industries around the globe.  We need to return to unions (a voice for the masses), tariffs, and business regulations, like in the 50s.  We need a government with its sole primary duty being the promotion of the well-being of the masses. And this can only be accomplished by ending corporation’s political donations and also by having a public media committed to truth, education, and the public weal. Neoliberalism, the sales tool of the globalizers, is good for the masters of mankind.      

Afterword

 

California Skeptics are publishing articles which show why you shouldn’t be sold on neoliberal policies.  Their economic results speak of their failures.  In a few South American countries, populist movements have elected governments that reject these policies.  Articles on this opposition, on economics, the WTO have been published by us.  California skeptic supports the public weal; our politicians don’t!

            The term neocons and neoconservative I find mislead.  Because neoliberalism is a disease that effect all are elected politicians.  Those labeled neocons are most severely infected.  To label most of the Republican Party as neocons confuses the problem, because Democrats also propose and pass legislation that falls within the flatworlder’s sphere.  They, for example, passed NAFTA.  As long as the dollars flow, both parties will dance their tune. 

            There is a conflict of interest when the legislators are dependent on election funding upon the very parties whom the policies they pass affect.  And in particular international corporations have very, very deep pockets. 

The Canadian government has addressed the problem that funds buys votes--both of legislators' and the public's.  First the Broadcasters Guidelines and CRTC rules require that each broadcaster make available up to 390 minutes for political parties to purchase.  This 390 minutes is divided  according to voter’s registration—there are 4 substantial parties in Canada.  Second a limit on spending is set per district (riding) according to the size of the electorate and the number of districts with candidates.  The 4 major parties each had a limit of $18,278,278.64.  In 2004 the law was amended so that if a party received more than 2% of the national vote and 5% in the ridings it contested, then it would qualify for payment equal to 60% of its election expenses (22.5% in 2000).  There is in addition a limit on donations made by third parties (individuals and groups) to $3,000 for each constituency and $150,000 for a national advertising campaign—set in 2000.  (These limits have been adjusted for inflation.)  Condensed from http://www.sfu.ca/~aheard/elections/laws.html by jk

 

Must watch:

Parts of Europe (such ask Netherlands and Denmark) use small local electricity generation plants, which permits the use of the byproduct heat for heating.  In one example they use all he CO2 generated to supply 4,000 hectares of green houses.   The combined heating and energy production (CHP) is a proven technology that lowers the energy consumption for electricty and heating by over 50%.   British (BBC) documentary on this https://www.youtube.com/watch?v=klooRS-Jjyo&mode=related&search

 

Teddy Roosevelt's advice that, "We must drive the special interests out of politics. The citizens of the United States must effectively control the mighty commercial forces which they have themselves called into being. There can be no effective control of corporations while their political activity remains."

 

For the best account of the Federal Reserve  (http://www.freedocumentaries.org/film.php?id=214).  One cannot understand U.S. politics, U.S. foreign policy, or the world-wide economic crisis unless one understands the role of the Federal Reserve Bank and its role in the financialization phenomena.  The same sort of national-banking relationships as in our country also exists in Japan and most of Europe.