Showing posts with label banking. Show all posts
Showing posts with label banking. Show all posts

Wednesday, March 20, 2013

9/11 Conspiracies: For The Sake Of Full Disclosure

Many people who have spoken with me in regard to the 9/11/2001 attack are well aware that I am often perturbed and disgusted by many of the more outlandish conspiracy theories associated with the events of that day. I've also commented in many forums about the subject for the purposes of debunking the wilder theories. However... my disdain for the wilder theories, and my belief that the operation itself was in fact carried out by Islamic fundamentalist commandos, is not to suggest that I don't believe in any possible complicity on behalf of any particular members of any government.

Someone recently called me into question about this in regard to an old blog post (which I had actually written [as a Myspace post] before I started this blog in 2006). Since I did add that post to my blog, and because I try to stand behind what I've submitted herein, I now feel obliged to take some time to clarify my position.

Wednesday, November 30, 2011

Crises Can Be Openings: Defeating our enduring fatalism.

This article was written by Sasha Lilley.  She’s the author of Capital and Its Discontents from which this piece was taken.   http://www.adbusters.org/magazine/99/crises-can-be-openings.html

The past several years have witnessed the spectacular unraveling of capitalism, or so it has appeared.
 
Venerated investment banks have vanished overnight, titans of industry have permanently shuttered their doors, and rich nations have lurched perilously close to default. The ideology of the free market, once seemingly unassailable, lies in tatters. While the death knell of capitalism may not yet be tolling, the crisis is undoubtedly of a different order of magnitude than anything seen in decades.

Tuesday, June 28, 2011

DEBTOCRACY (English Subtitles)

This documentary provides comprehensive and insightful commentary about the Greek economic crisis and the related unrest in Greece. It presents a great history of European economics and examines the economic relationships which have developed around the world in the last few decades. It also provides a critical look at the EU, the IMF, and American banking and economic practices.



Friday, March 11, 2011

On The Continuing Protests In Madison, Wisconsin.

As impressive as the tens of thousands of Wisconsinites have been in protesting the harsh austerity bill being pushed through by Governor Scott Walker, let's not overlook the fact that this battle is just getting started.  Any lulls in protest activity are still punctuated by huge protests on the weekends and literal signs for a general strike are appearing and being carried all over town.  Horns are still blasting around the Capitol building at any given hour and vigils are still being maintained.  There is a sense that the unions, and the rest of the populace, are preparing themselves for the next round.  And as hard as it might be to conceive of these huge recent protests as part of a rope-a-dope strategy... it is the general population that has been playing gently with the Governor thus far.  History has shown us that the masses ultimately have the power, if they are willing to use it, and it doesn't appear that the right-wing has a very thoughtful tactician to guide them through the impending battles. 

That said... the protest movement, particularly insomuch as it is being manipulated by mainstream politicians and self-appointed marshals, could falter.  It will be up to individuals, thinking for themselves and communicating their ideas horizontally, to prevent this movement from becoming too watered-down and compromising.  It should not be misunderstood -- the power at this point is in the hands of the masses of protesters.  Not to put too much of fine point on it, but it's somewhat reminiscent of the scene in Fight Club when Tyler Durden reminds the local politician...
"The people you are after are the people you depend on. We cook your meals, we haul your trash, we connect your calls, we drive your ambulances, we guard you while you sleep. Do not fuck with us."
I'm not suggesting that union members should start fight clubs, and lord knows I wouldn't want to go fisticuffs with a steelworker, but the point is that no one should allow their power or importance in society to be diminished -- especially when considered collectively as part of mutually beneficial organization.  The people hold the real power in this world -- as long as they are willing to use it.  They should not be looking to give concessions -- they should be looking to take them, all of them.  And when the grassroots "leadership" starts talking about giving concessions... their megaphones should be shoved somewhere the sun doesn't shine.  The notion of giving concessions at this point is beyond ridiculous -- unless you're willing to take yet another step towards giving everything away. 

What needs to be understood is that this right-wing putsch by Governor Walker, and it is an attack on far more than worker's rights, was a blunder which must be thoroughly capitalized upon.  Right-wing asses are showing and now is not the time to help them pull up their pants or to offer them your extra pair.  The right-wing putsch has suddenly accelerated the political pendulum -- and we need to take the momentum on the back-swing to topple everything the right-wingers stand for.

Thursday, October 28, 2010

On voting...

There have been several articles written about the futility or the negative consequences of voting.  But I wanted to put forward some of my thoughts about electoral politics.  I do want to point out that I'm not taking an extremely hardline position against voting.  There may be a time and a place for voting -- but I don't see it as particularly useful on the national level.


Saturday, September 05, 2009

Why and how I oppose the G-20

As they ride in limousines from their mansions to sip champagne with the other aristocratic oligarchs, I don't feel that the G-20 leaders really understand or care about the state of the world or the people in it. It is my contention that they believe their opulence and power is well deserved – despite the wars they orchestrate and the suffering they intentionally allow to continue. Hundreds of millions go hungry each day around the globe and the G-20 ministers facilitate the policies which allow that so that they may maintain the status quo of their power. They are the modern day ladies and lords of the kingdom and they rule over others as if they were serfs or slaves (which for all practical matters they are).

Tuesday, October 07, 2008

Crash & Collapse: This is more than a depression.

[UPDATE: June 1st, 2001 -- I have removed the 2 opening paragraphs (which listed my weak and boastful credentials) and have decided to let the article speak for itself -- other than that it is unchanged. This article is a few months old now but it is still relevant as the economic crisis has worsened. This is a partial account of how I see the crisis unfolding as well as where I see humanity going as a whole. And it may contain some information that you have overlooked or forgotten as the crash was gearing up. The original article with the weak opening remains unchanged at OpEdNews if you'd like to read the 2 paragraphs which I've now deleted here. Anyway, here remains the rest of the otherwise unchanged article...]

Money: derived from the Latin "moneta" which originally meant "warning
" (as Juno Moneta was the goddess of warning).
"When coinage was devised by the Romans, they set their mint in her temple and the goddess became the guardian of finances."

CRASH

The stock market has lost nearly a third of it's value since it's peak (14093). In the past week the DJIA has had it two worst daily downswings ever. Since Oct.1st, the market has dropped 1383 points (and counting as of 10/07/08) from 10831 to 9447. While the overall crash from the peak has happened more slowly than in 1929, the loss of value has been of a greater percentage than what took place in the initial days of that historic collapse. And, while certain computer automation techniques have been introduced to prevent more sudden single-day crashes, like the one in 1987, the markets are still plummeting and the results are the same.

Just as in 1929, the common citizen had been encouraged to invest more regularly in the stock market, right before it's peak, and now the rug has been pulled out from beneath them. Touted as the soundest, surest, most profitable investment... many average citizens tied their hopes and their retirement funds to the stock market. As before, many have already lost their life savings.

Sunday, October 05, 2008

A brief socio-economic point...

Looters in New Orleans, after hurricane Katrina, were shot on sight. Looters on Wall Street were given a bailout.

Is that not the ultimate of double standards and irony? I mean come on, who needed the bailout more and who was really looting?

Anyway... here is a link to a video of a U.S. Congressman, speaking in congress, stating that members of congress were threatened with martial law if they didn't immediately pass the $850billion bailout plan.