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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. They
say it will bring manufacturing and wealth to the poor countries and skilled
jobs to the developed; but these aren’t the results. Don’t look to the globalizer’s theory and
sales pitch, but to their actions and its consequences (as Naomi Kline has done
in “The Shock Doctrine”). Look at the
big banks, brokerage houses, and other global corporations. 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
require the undoing of 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 media 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.
There have always been 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.
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The Bill Stills video, 4 minutes, done
in 2010.
http://www.themoneymasters.com/mm/
Bill Stills is the announcer on the Money Masters, which is available
for free at http://freedocumentaries.org/int.php?filmID=243 THE MONEY MASTERS is a 3 1/2 hour
non-fiction, historical documentary that traces the origins of the
political power structure. The modern political power structure has its roots
in the hidden manipulation and accumulation of gold and other forms of
money. The development of fractional reserve banking practices in the
17th century brought to a cunning sophistication the secret
techniques initially used by goldsmiths fraudulently to accumulate wealth. With
the formation of the privately-owned Bank of England in 1694, the yoke of
economic slavery to a privately-owned “central” bank was first forced upon the
backs of an entire nation, not removed but only made heavier with the passing
of the three centuries to our day. Nation after nation has fallen prey to this
cabal of international central bankers.
The success of the central banking scheme developed into a
far-reaching plan described by President Clinton’s mentor, Georgetown Professor
Carroll Quigley, “to create a world system of financial control in
private hands able to dominate the political system of each country and the
economy of the world as a whole. This system was to be controlled in a
feudalist fashion by the central banks of the world acting in concert, by
secret agreements arrived at in frequent meetings and conferences. The apex
of the system was to be the Bank for International Settlements in Basel,
Switzerland, a private bank owned and controlled by the world’s central banks
which were themselves private corporations. Each central bank….sought to
dominate its government by its ability to control Treasury loans, to
manipulate foreign exchanges, to influence the levels of economic activity in
the country, and to influence cooperative politicians by subsequent economic
rewards in the business world.”
Several short-lived attempts to impose the
central banking scheme on the United States were defeated by the patriotic
efforts of Presidents Madison, Jefferson, Jackson, Van Buren and Lincoln. But
with the passage of the Federal Reserve Act of 1913, America was firmly lashed
to the same yoke, so that a small number of very rich men have been able to
lay upon the masses a yoke little better than slavery itself. That yoke
inevitably grows heavier with ever-compounding interest, and totals over $20
trillion of debt owed by the American people today ($80,000 per American)
ultimately to these bankers.
This vast accumulation of wealth concentrates
immense power and despotic economic domination in the hands of the few central
bankers “who are able to govern credit and its allotment, for this reason
supplying, so to speak, the life-blood to the entire economic body, and
grasping, as it were, in their hands the very soul of the economy so that no
one dare breathe against their will.”
Segments: The Problem; The Money
Changers; Roman Empire; The Goldsmiths of Medieval England; Tally Sticks;
The Bank of England; The Rise of the Rothschilds; The American Revolution; The
Bank of North America; The Constitutional Convention; First Bank of the U.S.;
Napoleon’s Rise to Power; Death of the First Bank of the U.S. / War of 1812;
Waterloo; Second Bank of the U.S.; Andrew Jackson; Abe Lincoln and the Civil
War; The Return of the Gold Standard; Free Silver; J.P. Morgan / 1907
Crash; Jekyll Island; Fed Act of 1913; J.P. Morgan / WWI; Roaring 20s /
Great Depression; FDR / WWII / Fort Knox; World Central Bank;
Conclusions.
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The ultimate measure of a government
is the public weal (well-being of the people).
But whenever a class of people or clique organize to control a
government, they strive to make impotent and co-op all other classes and
organizations within that society. This
control results in pyramid of the resources (wealth) of the society with the
clique’s share ever increasing at the expense of all others; and this done in
proportion to usefulness the others sectors and organizations serve the ruling
clique. In our country (and others) this
has occurred by a group of global corporation, with those in the financial
sector being the most powerful. This
clique operating as a shadow government has brought about the demise of the
unions, and of liberal and socialist political movements. This clique controls the media and use it for
the production of beliefs which promote social tranquility though there is an ever
increasing cause for protest. They have coopted
the educational system and steered their media so as to produce consent to what
is through content and through a reduction in rational skills of the masses. They have
reworked through appointment of justices who do their bidding our court system so
that it promotes their interests including the dismantling of the Bill of
Rights. They have turned the power to
police into a
force to crush dissent. This process
of change includes a radical restructuring of the military so that corporations
such as Black Water will with their mercenaries many of who are foreigners will
in time command a larger force and direct operations of the US armed forces. Thus a loyal force will be used to promote
globalization
in resistant countries and used to crush domestic revolt. Unfettered monopoly capitalism has become a
global beast without national favoritism.
It is the ne plus ultra of evil for it will bring upon the world a second
great depression and dark ages. Without
tariffs all the developed nations eventual will have a poor nation’s standard-of-living. As Adam Smith observed,
“The cruel maxim of
the rulers of a nation is ‘All for ourselves; thus nothing for anyone else.’” A Dark Ages is developing--like
the first--with
a major decline in the rational skills of the masses and in their standard of
living.
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