Posts Tagged ‘economy


Bailout money spent on cluster bombs – EU taxes spent on “golden shower”

I thought I would have a quick look around at the innovative ways our government “leaders” and international financiers were finding to invest all the money we have given them to sort out our many woes. So what notable items have hit the press in the last week or so ?

Let’s start with all that bailout money… You know, in Europe the three trillion Euros that were given to banks over the last couple of years that were supposed to stimulate loans, etc… to restart the economy. Well, not only have banks refrained from making loans more accessible to the little people – quite the contrary in fact – they have used most of the bailout money to buy other weaker banks, thus consolidating power across the whole financial sector, giving them even more powerful monopolies to exploit more effectively the rest of us. Vast sums have been spent on buying real estate and businesses at rock-bottom recession prices all over Europe and the US. Huge assets and ressources have changed hands the world over and are owned by a smaller and smaller group of oligarchs, while, as usual, the people at the bottom of the social scale are left with barely the shirts on their backs.

Just to add insult to injury – and later injury to insult – the world’s biggest banks have just loaned 20 billion to weapons manufacturers to build cluster bombs ! These horrendous weapons are in the process of being banned because they result in the deaths of far more women and children than enemy soldiers, due to their propensity to lie around waiting to be stepped on for decades after being dropped – they are extensively used by all of our “peacemongering” powers because not only do they slaughter “soft targets” when dropped, they also act as a minefield until cleared through a lengthy and dangerous process. They cause many infant deaths and disabilities because they look like pretty colourful ping-pong balls, so kids pick them up, usually losing at least an arm in the process. Soon to be used in a neighbourhood near you…

According to this Oxfam report, irresponsible arms sales are so prevalent and destructive to developing countries that the result is them not attaining their development goals, thus staying in absolute poverty and continuing to be a burden on the international community.

More absolute proof that these entities will in no way help humanity evolve towards a civilised and advanced civilisation, from it’s current thinly disguised feudal state, as long as they can make billions from death, suffering and control.

We are currently told that by installing vast bureaucracies in the US and Europe will be the cure-all for all our problems, that the vast sums of money amassed by these institutions allow them to act on the macro-scale for the benefit of all, and keep the banks in line while they are at it. Unfortunately the numbers seem to contradict them very regularly. The EU for example, that from the very beginning has used vast amounts of tax payer’s money to promote it’s own existance (illegal for a political party in any country, but the EU is above the law, because now it IS the law !) seems to have a history of squandering public funds. Take, for example the latest scandal in France, where a previous president is up for massive corruption as a backdrop, and the current “Emperor Sarko” has just been caught wasting millions of EU funds, including 250,000 pounds sterling on a “presidential shower” he never even used…

How can anyone believe for one minute that these soulless, self-serving parasites can help us at all ? The world is in need of societal and economic change of an extreme nature in order to avoid a new Dark Ages and neo-feudalism that these organisations are all pushing us into with gleeful enthusiam.

The simplest solutions (that will not be implemented of course by them) to keep these modern day ogres in check:

– Create a “citizen oversight” body – including a training structure – with a pool of anonymous auditors allocated randomly to ALL the different organisms, banks, NGO’s etc and regularly rotated to avoid corruption. Fully using internet and database technology, such a body could be set up very fast. Many jobs would be created as a side effect…

– Introduce a global “ethics tax” (everything else is taxed – why is a Tobin tax resisted so adamantly ?). Simply put, when the oversight body determines a bank loan is being given for destructive reasons (armament, etc…) it should incur a massive tax, to compensate the destruction of ressources, society and progress. In a similar way, projects that are determined to be totaly positive for humanity should receive tax breaks and even subsidies or free credit – payed for by the previous tax.

The result would be a reversal of the current ethics of money. Benefitting mankind and the planet would be rewarded and lead to huge profits. Death and destruction could still be meeted out by those that revel in it, but it would be a hell of a lot harder for the psychopaths to generate a profit from their fun !

So voila ! Don’t let anyone tell me that the solutions to most of our global problems are not simple and cheap – it is the will to apply them for the benefit of the general public that is totaly lacking.

Our current economic system is so destructive, costly in human and environmental terms, and downright evil, we can hardly do worse !

Hence my call to start a global peaceful insurgency movement to pressure the big boys into doing something benevolent for a change – if they are actually capable of it – something I’m starting to doubt. Otherwise they’ll have to go…


A new monetary system that would prevent economic collapse

Contrarily to our useless politicians whose “solutions” for the current economic crisis are to create yet more debt and ruin countless future generations, there are highly qualified people out there who have already designed effective systems that would change the nature of the world economy, and hugely benefit the “man in the street”, his freedom and finances – something fairly inexistant right now.

One of the systems I like the most has been designed by Richard C. Cook.

A short summary video:

An interview with R. C. Cook: … y-corseri/

An in-depth explanation of the new monetary system: … -c-cook-2/

This is a perfect demonstration that there are workable, highly beneficial economic systems. This one was submitted to the G20 last year, along with a petition. Of course it was totally ignored. The very fact that our “leaders” continue to maintain and support such a debilitating economic system as the current one, that hugely benefits the few at the expense of the many, is one more demonstration that the interests of “we the people” are the last things on their minds. Having looked at just about every monetary system humanity has used over time (where records are still available), I conclude that without a doubt we are now using the worse possible one, ever…

The only likely outcome of maintaining the current debt-based economy is financial feudalism and re-entering the Dark Ages; a time of famine, poverty, suffering and ignorance for the vast majority.

We need a monetary revolution to stop this. Now !

Otherwise don’t say I didn’t warn you…


Why a global financial collapse and how to survive it

I’m going to write a post on each important forecast of the Web Bot project over the next few days. These issues are so important that it is a good idea to have a look at their real probabilities of coming to pass.

So let’s start with the forecast collapse of the dollar, leading to systemic collapse of the whole economic system, or at least the Anglo-American part of it – which should severely affect everyone worldwide.

If you haven’t read it already, this post contains very good links and explanations – the comments are interesting too:

Originally today I was going to write another long, convoluted post with all sorts of links and documents, but this morning I stumbled upon an article that goes far to explain the reasons behind the continuing US economic collapse that can be readily expanded to understand our worldwide predicament. It also touches on some of the solutions possible to reinvent markets where value is not continually destroyed in the current devious manner. One thing that the mainstream media never seems to mention are the numerous other monetary and economic systems mankind has developed over time that actually benefit everyone participating. And then they claim to “inform” people…

I find it quite encouraging that many deadly serious economists are starting to condemn our current economic system in the same tone I’ve been using for the last few years ! It’s about time; with most western economies stupidly depending on loans from international financial institutions for everything from their budgets to waging war, international big players have a ridiculously unjustified influence on the policies and well-being of supposedly independant states. These states are slowly finding themselves more and more subordinate to foreign bureaucracies and money, and this is definitely not improving their economies, standards of living, education, health, or just about any other sector. If it was, we would not be in the mess we are in ! QED…

The hope of the wealthy elites – that through this collapse people will be scared into creating a handfull of international currencies to centralise institutionalised vampirism – must be dashed at all costs, unless we want to see the same soulless entities responsible for the current crisis gaining absolute control of all the worlds wealth they do not already possess.

Luckily people seem to waking up to this scenario all around the world and are thinking of creative solutions.

An excellent video on the global financial collapse seen through the eyes of the level headed Argentine intellectual Adrian Salbuchi:

Global Financial Collapse Part 1

Global Financial Collapse Part 2

Another good guy who says it “as it is”

He has been studying global economics for decades, is the founder of the Argentine Second Republic movement, and being from Argentina is uniquely positioned to understand the causes and effects of depression on a country, following Argentina’s collapse from being one of the five richest countries in the world to one of the poorest, most indebted nations.

Take heed, western world !


A brilliant speech by a 12 year old to world “leaders”

This is a speech given by Severn Suzuki, a 12 year old girl of Japanese-Canadian descent who travelled to the 1992 Rio Earth Summit to deliver an exemplary speech about adult responsability for the future. An extraordinary example for us all.

She may have been speaking in 1992, but her words apply even more today. Maybe the fact that it takes a 12 year old to stand up and explain certain simple truths to adult “leaders” is another indication of the psychopathic system strangling the world. If the end result of our “civilisation” is to produce children living in fear of the future what is the point ?

But what do you expect because, as David Rockefeller said, a “supranational sovereignty of an intellectual elite and world bankers” run the system, so the kids are going to be forgotten for a while, I’m afraid. Far more important is how much money can be extracted from their lives from the day they are born.

This is not likely to change as long as the real economy – and real people – serve the financial system and it’s players, and not the reverse. Stupid, but true unfortunately.

If one millionth of the recent trillions of bank bailout money was invested in a varied and in-depth education for all the 12 year olds like Ms Suzuki around the world, they would probably find a solution to all the worlds major problems within one generation.


Revealing quotes about our economic system

As a follow-up to the “we’re all doomed” post & comments, I thought it would be appropriate to quote a few famous bankers and politicians on financial and banking policy. If you haven’t, please read that post first and the comments.

It seems we have all been dupes for well over a century believing we could leave in the hands of a few self-serving people almost total financial power over our industries, services and lives.

No wonder the world is in such a mess !

First the comments of a few American presidents:

Let’s start with good old Jeff. It seems that he saw it all coming:

If the American people ever allow private banks to control the issue of their  currency, first by inflation, then by deflation, the banks…will deprive the people of  all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. – Thomas Jefferson in the debate over the Re-charter of the Bank Bill (1809)

I believe that banking institutions are more dangerous to our liberties than standing armies. – Thomas Jefferson

… The modern theory of the perpetuation of debt has drenched the earth with blood, and crushed its inhabitants under burdens ever accumulating. -Thomas Jefferson

Madison gets to the point:

History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by  controlling money and its issuance. -James Madison

How about Andrew Jackson ?

If congress has the right under the Constitution to issue paper money, it was  given them to use themselves, not to be delegated to individuals or corporations. -Andrew Jackson

Abe Lincoln’s point of view:

The Government should create, issue, and circulate all the currency and  credits needed to satisfy the spending power of the Government and the buying power of  consumers. By the adoption of these principles, the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity. -Abraham  Lincoln

Roosevelt ?

Issue of currency should be lodged with the government and be protected from domination by Wall Street. We are opposed to…provisions [which] would place our currency and credit system in private hands. – Theodore Roosevelt

Hmm, seems like they were all pretty much against the current system. So what happened ?

Despite the warnings of many of his predecessors, Woodrow Wilson signed the 1913 Federal Reserve Act changing the American financial structure radically. A few years later he wrote:

I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of  credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most  completely controlled and dominated Governments in the civilized world. No longer a  Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men. -Woodrow  Wilson

Now for the other side; let’s hear what some of the bankers have said about all this. Maybe we are misunderstanding their aims and intentions ?

The bank hath benefit of interest on all moneys which it creates out of nothing. -William Paterson, founder of the Bank of England in 1694, then a privately owned bank.

Let me issue and control a nation’s money and I care not who writes the laws. -Mayer Amschel Rothschild (1744-1812), founder of the House of Rothschild.

The few who understand the system will either be so interested in its profits or be so dependent upon its favours that there will be no opposition from that class, while on the other hand, the great body of people, mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests. -The Rothschild brothers of London writing to associates in New York, 1863.

I am afraid the ordinary citizen will not like to be told that the banks can and do create money. And they who control the credit of the nation direct the policy of Governments and hold in the hollow of their hand the destiny of the people. – Reginald McKenna, as Chairman of the Midland Bank, addressing stockholders in 1924.

The banks do create money. They have been doing it for a long time, but they didn’t realise it, and they did not admit it. Very few did. You will find it in all sorts of documents, financial textbooks, etc. But in the intervening years, and we must be perfectly frank about these things, there has been a development of thought, until today I doubt very much whether you would get many prominent bankers to attempt to deny that banks create it. -H W White, Chairman of the Associated Banks of New Zealand, to the New Zealand Monetary Commission, 1955.

And that was in 1955… They have come a long way since then in streamlining and globalising their operations all the way up to the current disaster.

All the currently proposed solutions to this economic mess portrayed by our media only offer alterations to the system in place, or even worse, centralisation of all banking into “regulatory bodies” run by the very groups that created this iniquitious system to start with. A clear case of “wolves guarding the henhouse” don’t you think ?

The big question is: can anyone do anything about it, anywhere ?

Feel free to post any ideas in the “comments” section (link at the top of the post) Any more good quotes would be welcome too

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