Entries Tagged 'Corporatism' ↓

How do you describe a leader who vowed to condemn the 1915 Armenian genocide once in office and makes a U-turn soon after? What if that leader spurns a meeting with a Buddhist monk to avoid provoking a dictatorship that actively undermines his nation?

This is appeasement not peace. Yet, the Nobel Peace Prize was awarded to US President Barrack Obama for reasons which are baffling. Recipients of the same prize, namely the Dalai Lama and Barrack Hussein Obama, ironically cannot meet as it might discombobulate a delicate international order. Continue reading →

Does anyone remember Mr. Obama? The man who ran on a program of “change?” Who abhorred torture and Gitmo? Who kinda, sorta, hinted that he would end the endless wars in the Middle East? Does anybody know what happened to him? Where he went?

How did we wind up with another Cheney/Bush clone in the White House? Since his election, still more billions have been given to the banksters, the Wall Street speculators who caused the current melt-down, and above all to the Military Industrial Complex (MIC) and the Pentagon. Every piece of “Gone with the Wind” sized legislation is held up until every special interest, every bankster and insurance group is completely protected, at the expense of We the People. Continue reading →

Harry Browne, the former Libertarian Party candidate for president, used to say: “the government is great at breaking your leg, handing you a crutch, and saying ‘You see, without me you couldn’t walk.’” That maxim is clearly illustrated by the financial industry regulatory reforms proposed this week by the Obama Administration. FULL ARTICLE

“Crony capitalism” is a term often applied to foreign nations where government interference circumvents market forces. The practice is widely associated with tin-pot dictators and second-rate economies. In such a system, support for the ruling regime is the best and only path to economic success. Who you know supersedes what you know, and favoritism trumps the rule of law. Unfortunately, this week’s events demonstrate that the phrase now more aptly describes our own country. FULL ARTICLE

Featured Post for 06/05 – 06/11

Dear President Obama,

I, like many millions of Americans, voted for you in the last general election in the hope that your promise of change would be the change that we had longed for during the previous eight years.

Powerlessly, we watched our nation being run into the ground by a runaway despotic regime. We saw wars begun under false pretenses, which have cost millions of lives and trillions of dollars; we saw our natural resources being despoiled by greedy profiteers; we’ve seen our small businesses and small farms being destroyed by bureaucratic intrusions into every aspect of their lives and businesses, apparently for the enrichment of the big megabusiness cartels.

We’ve seen most of the jobs that gave America a healthy middle-class outsourced to nations where people will work twelve hours or more for a dollar or two a day, or for a cup or two of rice to feed their family. 
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General Motors is but a microcosm of what most ails the U.S. economy. For decades, GM rested on its laurels. Its management yielded to innumerable, exorbitant trade union demands, passing the costs on to consumers in the form of lower quality products. The result was that higher quality foreign cars, eventually also produced domestically by American workers, severely eroded GM’s once dominant market position. The company’s autonomy was effectively extinguished by the growing debt needed to finance this downward spiral. Investors, believing that GM was “too big to fail,” continued to accept the company’s high-risk paper.  FULL ARTICLE

This is the first of several articles on Ellen Brown’s superb 2007 book titled “Web of Debt,” now updated in a December 2008 third edition. It tells “the shocking truth about our money system, (how it) trapped us in debt, and how we can break free.” Given today’s global economic crisis, it’s an appropriate time to review it and urge readers to digest the entire work, easily gotten through Amazon or Brown’s webofdebt.com site. Her book is a remarkable achievement – in its scope, depth, and importance.

In the forward, banker/developer Reed Simpson said:

“I have been a banker for most of my career, and I can report that even most bankers (don’t know) what goes on behind (top echelon) closed doors….I am more familiar than most with the issues (Brown covered, and) still found it an eye-opener, a remarkable window into what is really going on….(Although many banks follow high ethical practices), corruption is also rampant, (especially) in the large money center banks, in one of which I worked.” FULL ARTICLE

Rightly, the students of Austrian Economics have laid the blame for the current economic crisis squarely on the doorstep of the Keynesian policies of governments and central banks. However, in this case, there are other culprits involved, most notably the former titans of financial services. FULL ARTICLE

Using the ruse of food safety and security, they aim to eliminate competition to have it all and replace wholesome foods with unsafe GMOs. Congress is willing to go along. And why not. Representatives like DeLauro get large Ag business contributions. In return, they assure bills like HR 875 are passed. It’s for concerned people to stop them. FULL ARTICLE

My mind turns to thoughts of possible retribution when I see the sick policies of the last administration dragging on. Differences mingle between the two parties as the distinctions betwixt the two once held sway, now fade into the quest for power, greed and pay offs, bail outs and ravenous spending. FULL ARTICLE