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Yanis Varoufakis Reveals – Berlin Blocked Greece From Chinese Funding During Crisis

Yanis Varoufakis Reveals – Berlin Blocked Greece From Chinese Funding During Crisis

Hundreds of millions of people throughout the Western world are being forced to admit an obvious, yet uncomfortable reality. Democracy is dead. Your vote and your voice doesn’t matter. Not at all.

No group of people understand this as intimately as the Greeks. They voted for one thing, got something else, and in the process were unceremoniously reminded of their political irrelevance.

– From the post: Greeks Flock to Grassroots Alternative Currencies in Affront to Euro Debt Slavery

Just in case you still had any doubts as relates to how slimy, nefarious and undemocratic the EU is, check out the following from Ekathimerini:

Yanis Varoufakis was instructed last year by Prime Minister Alexis Tsipras to put together a small team of people to draw up a plan for introducing a parallel currency if Greece was unable to reach an agreement with its lenders on a new bailout, the ex-finance minister said in a TV interview late Tuesday.

Speaking on Skai TV’s “Istories” (Stories) program, Varoufakis outlined what was known as Plan X. He said that a small team of about six people examined the various parameters surrounding a potential standoff that would lead to Greece being unable to meet its obligations. Among the issues examined by Varoufakis and his advisers were how the country would continue to have access to medicines, fuel and food under such circumstances.

Varoufakis said that he advised Tsipras to put the plan, which would see Greece defaulting on 27 billion euros in Greek government bonds held by the European Central Bank, into action as soon as he called a referendum at the end of June.

Varoufakis added that he was against efforts to secure funding from Russia but that there had been an agreement with China regarding investment in Greece, including in Greek bonds. 

…click on the above link to read the rest of the article…

An Oligarchy Has Broken Our Democracy. It Must Be Dislodged

An Oligarchy Has Broken Our Democracy. It Must Be Dislodged

January 18, 2016 “Information Clearing House” – “The Guardian” –  Each new election year promises change. We will choose a new president and new representatives in Congress; fresh faces will make their appearances in Washington DC, while old ones disappear. But what about the people who stay in power, one election after another, less exposed to the public eye?

The concept of a ‘Deep State’ has been around for a while, but rarely to describe the United States.The term, used in Kemalist Turkey by the political class, referred to an informal grouping of oligarchs, senior military and intelligence operatives and organized crime, who ran the state along anti-democratic lines regardless of who was formally in power.

I define the American Deep State as a hybrid association of elements of government and top-level finance and industry that is able, through campaign financing of elected officials, influence networks and co-option via the promise of lucrative post-government careers, to govern the United States in spite of elections and without reference to the consent of the governed.

These operatives use their proximity to power and ability to offer high-paying jobs to government officials to achieve outcomes foreclosed to ordinary citizens. As professor Martin Gilens of Princeton, who studied the correlation between American popular opinion polls and public policy outcomes,concluded: “[T]he preferences of economic elites have far more independent impact upon policy change than the preferences of average citizens do … ordinary citizens have virtually no influence over what their government does in the United States.”

America’s growing income disparity is not the inevitable result of impersonal forces like globalization or automation. It is the outcome of hundreds of trade, tax and regulatory measures that achieved the preferred outcome – enrichment – of economic elites who contribute to politicians.

…click on the above link to read the rest of the article…

Dictators, Democracy, and Almighty Oil in the MENA Region

Dictators, Democracy, and Almighty Oil in the MENA Region

 

SaddamStat, cc Flickr, modified, Amir Farshad Ebrahimi, https://creativecommons.org/licenses/by-sa/2.0/

95% of transport fuels in the world are derived from oil. This makes it hard to argue that renewable or other non-petroleum sources of fuel could cut into oil’s market share, at least in the near term. Transportation, and thus petroleum, is essential to growing economies like China and India and petroleum security will continue to be essential for the global economy.

So who controls oil? You guessed it; the Middle East and North Africa dominate the global oil sector and the future of energy security.

Top Oil Reserves

With the exception of Canada and the U.S., across the board, these countries are dictatorships or false democracies that are often subjected to artificial elections where the outcome is always in favor of the current “democratically” elected dictator.

Why are most Middle East governments dictatorships?

Simply put, dictatorships are easier and more efficient to deal with, especially with something as precious as petroleum security. For businesses involved in the oil industry, Dick Cheney said it best: “The good Lord didn’t see fit to put oil and gas only where there are democratically-elected regimes friendly to the United States. Occasionally we have to operate in places where, all things considered, one would not normally choose to go. But, we go where the business is.”

Essentially, dictators provide Western companies with immense wealth and the opportunity of vast and cheap reserves. At the same time, these Western companies are headquartered in countries with democratically elected representatives in government. These democratic governments, although against their core values, will need to deal with hostile and mismanaged governments in the Middle East and North Africa. They do this to secure petroleum and keep Western oil companies active, efficient, and profitable in the Middle East & North Africa, and of course to feed the insatiable appetite for oil in the West.

…click on the above link to read the rest of the article…

Gold – No Time Left for Conspiracy Theories

Gold – No Time Left for Conspiracy Theories

COMMODITIES-GOLD-METALS-PRICE-SRILANKA

To some, this is a religious battle. To others, it is just a time to rip off a lot of people by selling fantasies and sophistry. I have stated this many times, so here it goes again: Gold rises when people lose confidence in government. It has nothing to do with inflation. So, you start to worry about government survival or who’s going to win a war when gold rises — not before.

Short term, we still have the risk of gold going under $1,000 per ounce. It’s going to flip when everything is right — not before. It will probably max out at $5,000 per ounce or perhaps $6,000 at best. That we will not know until we have the low and the projection angle from that low. We’re dealing with a very profound event, religion aside. Such events of political-economic trend resets come around every 309.6 years. The last one was the global revolution against monarchy which began in the United States.

If you just step back and look OBJECTIVELY at what is unfolding from electronic currency to G20 demanding info on everyone and every penny that changes hands, then you can see where the future is headed. We do not have a democracy; that is total nonsense. The president appoints the heads of all departments. Nobody stands for election right down to the head of the Federal Reserve.

In Europe, you have the three-headed dragon they call the Troika — the European Commission (EC), the European Central Bank (ECB), and the International Monetary Fund (IMF). None of those three members heads have EVER stood for election. They too are undemocratic appointments. So the European population cannot even vote for their future.

…click on the above link to read the rest of the article…

US Enabled Saudi Arabia’s Crackdown on Pro-Democracy Protesters

US Enabled Saudi Arabia’s Crackdown on Pro-Democracy Protesters

saudi_arabia_man_execution_beheading_afp

Just days before Saudi Arabia performed a mass execution of 47 people, including four pro-democracy protesters; the US approved tens of millions in military contracts to the Saudi government. The contracts include $24 million to Raytheon Company for equipment relating to Patriot missiles, $12 million to Advanced Electronics Co. for electronics updates to F-15 fighter jets, and tens of millions of dollars to Boeing Co. for implementation of a laser guided, air-to-ground weapons system.

The Pentagon announced the contracts three days before the execution of four non-violent Shia protesters. The majority of the executions were carried out in the form of beheadings—the same form of execution favored by ISIS.

The weapons contracts draw attention to the US government’s continued arming of the Saudi government, which regularly engages in human rights abuses at home and abroad. Despite recent allegations of war crimes against Saudi Arabia for its war in Yemen, the US continues to replenish Saudi’s arsenal with billions in weapons.

As a result, Amnesty International has accused the US of violating the Arms Trade Treaty. The treaty prohibits the sale of arms if there is knowledge the weapons will be used against civilians. The International Committee of the Red Cross has documented 100 instances of the Saudi-led coalition attacking hospitals in Yemen.

Among those executed earlier this week was the Sheik Nimr al-Nimr, who was well known to Shia Muslims around the world. Al-Nimr was a leader of the 2011 Arab Spring protest in Saudi Arabia’s Shia region. His execution sparked protests in multiple countries including Iran, where protesters set the Saudi Embassy ablaze. In response to the embassy fire, Saudi Arabia cut diplomatic relations with Iran.

…click on the above link to read the rest of the article…

2016 Theme #2: the Hollow Shell of Democracy

2016 Theme #2: the Hollow Shell of Democracy

This week I am addressing themes I see playing out in 2016.

A number of systemic, structural forces are intersecting in 2016. One is the hollowing out of democracy globally.

Democracy has three distinct states of being: formal, in actual practice and informal. Nations that claim the mantle of democracy typically mix features of all three varieties.

Formal democracy is the machinery of legislation and elections. Actual practice is how the machinery functions in the real world. Informal democracy is advocacy via direct action–protests, local movements and spontaneous mass expressions of outrage/disavowal of the status quo.

Formal democracies are being hollowed out. Within the hollow shell of formal democracy, wealthy elites purchase influence and lobbyists so regulation and legislation either actively advance their interests or imposes limits that are easily bypassed or negated in actual practice

For example, the formal machinery of democracy generates tax statutes, but in actual practice, super-wealthy individuals and entities are laws unto themselves: The Oligarch Tax Bracket: How The Tax Rate For The Wealthiest 400 Americans Plunged From 27% To 17% (Zero Hedge)

For the Wealthiest, a Private Tax System That Saves Them Billions (New York Times)

With inequality at its highest levels in nearly a century and public debate rising over whether the government should respond to it through higher taxes on the wealthy, the very richest Americans have financed a sophisticated and astonishingly effective apparatus for shielding their fortunes. Some call it the “income defense industry,” consisting of a high-priced phalanx of lawyers, estate planners, lobbyists and anti-tax activists who exploit and defend a dizzying array of tax maneuvers, virtually none of them available to taxpayers of more modest means.

In recent years, this apparatus has become one of the most powerful avenues of influence for wealthy Americans of all political stripes

…click on the above link to read the rest of the article…

Playing the Government’s Game: When It Comes to Violence, We All Lose

Playing the Government’s Game: When It Comes to Violence, We All Lose

“When it gets down to having to use violence, then you are playing the system’s game. The establishment will irritate you – pull your beard, flick your face – to make you fight. Because once they’ve got you violent, then they know how to handle you. The only thing they don’t know how to handle is non-violence and humor.”—John Lennon

Yes, the government is corrupt.

Yes, the system is broken. By broken, I mean it’s “dysfunctional, gridlocked, and, in general, incapable of doing what needs to be done.”

Yes, the government is out of control and overreaching on almost every front.

Yes, the government’s excesses—pork barrel spending, endless wars, etc.—are pushing the nation to a breaking point.

Yes, many Americans are afraid. Who wouldn’t be afraid of an increasingly violent and oppressive federal government?

Yes, the citizenry has little protection against standing armies (domestic and military), invasive surveillance, marauding SWAT teams, an overwhelming government arsenal of assault vehicles and firepower, and a barrage of laws that criminalize everything from vegetable gardens to lemonade stands.

Yes, in the eyes of the American surveillance state, “we the people” are little more than suspects and criminals to be monitored, policed, prosecuted and imprisoned. As former law professor John Baker, who has studied the growing problem of overcriminalization, noted, “There is no one in the United States over the age of 18 who cannot be indicted for some federal crime.”

Yes, the United States of America is not the democracy that is purports to be, but rather an oligarchy ruled by a wealthy corporate elite.

…click on the above link to read the rest of the article…

Re-branding Dissent

Re-branding Dissent

In “The Next Crisis” I argued that the Global Over-Class have decided that Democracy is a threat to their wealth and power and have more than likely given some thought to how best to neuter it while appearing to do no such thing.  I suggested they would wish to keep the outward form of democracy, so as to keep us reassured and entertained, but remove any substance from it, leaving us with an empty but colourful stage show.

In part two  of the series, I offered a list of the various ways this could be done (a sort of manifesto for the Over Class or, as I have called them elsewhere, The Disloyal and noted how many of those things were clearly already underway.

For example item three of the manifesto said,

3) professionalized Governance. Democracy can be and must be neutered, and an effective way of doing this is to insist that amateur, elected officials MUST take the advice of professional (read corporate) advisors. Expand current law to enforce this.

If this seems monstrous now, their argument, I suspect,  will be that in an increasingly crowded, interconnected and globalised world we can no longer leave critically important decisions in the hands of the uneducated, in-expert and amateur.  We must, of course, still be free to choose but must, from now on, be helped to choose ‘wisely’. And how can we choose wisely if we aren’t given wise choices to choose from?  Oh, the Orwellian beauty of it! No prizes for guessing who will decide what is and what is not wise.

…click on the above link to read the rest of the article…

2016 – the BIG SHIFT

2016 – the BIG SHIFT

As we close 2015 and begin a new year, the markets generally closed flat to neutral with a warning that as we approach the political year from hell being 2017, this is by no means going to be a walk through the park. We are more likely than not going to see some trends conclude in 2016 and others perform a false move the scare the hell out of everyone. Nevertheless, the stars may not be aligning, but the markets appear to be setting the stage to align for the BIG SHIFT.

Money-Assets

What does the BIG SHIFT mean? It means that as we face a meltdown in Socialism which has taken hold of Western Governments destroying our underlying democratic foundations, ALL assets must prepare for the HEDGE against government.

Big Shift 1975-1982

 

Relationships are NEVER constant, yet the TV analysis touts fixed concepts that people then believe. At first, many will buy or sell based upon such unfounded beliefs and assumptions. When we examine them in detail, they fall to the ground into dust.

Troika-Unelected

Europe is operating under a dictatorship and has lost any possible right to exercise a democratic process to remove the three members of the Troika since not a single one stands for any election. Lagarde is of the IMF and is not even appointed the head of the IMF exclusively by Europeans. She was a personal friend of Obama. Draghi is ex-Goldman Sachs. Once a member of Goldman, you never leave. The EU Parliament has no validity since the Commission is not bound by their vote. The people of European nations have absolutely no means to reclaim their sovereignty by any method other than force. And to prevent that, the EU Commission wants to create its own army.

…click on the above link to read the rest of the article…

America’s Dying Democracy

America’s Dying Democracy


In the fall of 2001, in the aftermath of 9/11, as families grieved and the nation mourned, Washington swarmed with locusts of the human kind: wartime opportunists, lobbyists, lawyers, ex-members of Congress, bagmen for big donors: all of them determined to grab what they could for their corporate clients and rich donors while no one was looking.

Across the land, the faces of Americans of every stripe were stained with tears. Here in New York, we still were attending memorial services for our firemen and police. But in the nation’s capital, within sight of a smoldering Pentagon that had been struck by one of the hijacked planes, the predator class was hard at work pursuing private plunder at public expense, gold-diggers in the ashes of tragedy exploiting our fear, sorrow, and loss.

The World Trade Center's Twin Towers burning on 9/11. (Photo credit: National Park Service)

The World Trade Center’s Twin Towers burning on 9/11. (Photo credit: National Park Service)

What did they want? The usual: tax cuts for the wealthy and big breaks for corporations. They even made an effort to repeal the alternative minimum tax that for 15 years had prevented companies from taking so many credits and deductions that they owed little if any taxes. And it wasn’t only repeal the mercenaries sought; they wanted those corporations to get back all the minimum tax they had ever been assessed.

They sought a special tax break for mighty General Electric, although you would never have heard about it if you were watching GE’s news divisions — NBC News, CNBC, or MSNBC, all made sure to look the other way.

…click on the above link to read the rest of the article…

Democracy Sold Out to Greed

Democracy Sold Out to Greed

While the “free Western media” cheers, the Western “democratic” governments sell out the peoples of the Western world to corporate tyranny


John Massaria has turned my interview with Julian Charles into a video.

The video helps me to bring home that “Western democracy” is a sham, a total lie.

Every Western government and Washington’s Asian vassal states are totally under the control of private corporations and private interest groups. The corporations govern, and they are in the process of institutionalizing their governance with the Trans-Pacific and Trans-Atlantic Partnerships. The purpose of these “partnerships” is to make global corporations higher than the laws of the “sovereign” countries in which they do business.

Anything, whether law, rule, regulation, or moral principle that interferes with corporate profits is outlawed as “a resraint on trade.”

Western civilization is over and done with. Nothing remains except historical achievements that are no longer understood or appreciated.

Bread, circuses and inequality – a dishonest bargain

Bread, circuses and inequality – a dishonest bargain 

Flickr/dcmasterCC BY-NC 2.0

China leads the way

the Chinese people surrender democratic citizenship for the promise of individual gain through private consumptionOver the decade of the 2000s I visited China several times. At some point on each trip a Chinese acquaintance would assure me, unsolicited on my part, that “the Chinese” were not interested in democratic rights. Rather, their priority was material improvement, greater incomes for greater private consumption.

Whatever the validity of this interpretation of collective will, it summarises the governing strategy of China’s dictatorial regime. It involves a bargain in which the Chinese people surrender democratic citizenship for the promise of individual gain through private consumption

The iron link between dictatorship and private consumption goes far to explain 1) the obsession of the Chinese rulers with maximising economic growth, and 2) the political role of the middle class. Given the clear absence of policies to reduce inequality, rapid growth becomes the necessary mechanism for the state to deliver its part of the consumerist bargain. Far from being a force for democratisation, the rise of a consumerist middle class provides the political support for dictatorship, albeit a minority support.

The bargain of democratic rights for material gain that we see in China is not limited to dictatorial regimes. On the contrary, it serves as the mechanism for the transition from representative democracy to disenfranchised dictatorship.

Consumerist route to tyranny

The disastrous effect of consumerism on global environmental sustainability is well documented. The private automobile represents the most obvious example of the triumph of consumerism over making the planet fit for human life.

Consumerist ideology treats society as a collection of individuals, each seeking to maximise their private consumption

…click on the above link to read the rest of the article…

Paris Attack Will Foster an Orwellian Police State

Paris Attack Will Foster an Orwellian Police State

Since November 13, 2015, France entered a state of shock. Friday the 13th will no longer be only associated with exploitation Hollywood horror flicks, but will become forever linked in the collective psyche to the mayhem in Paris that occurred on that fateful night. It took only about 10 people, plus a few more to organize the logistics of it, to bring France to a worse predicament than the one that was created by the attack on the editorial staff of Charlie Hebdo in early January 2015. The French press wrote sensationalist headlines stating that the new tragedy, which killed more than 200 people and seriously injured more than 80, was a declaration of war.

The Islamic State in Iraq and Syria (ISIS) quickly claimed the seven coordinated attacks, and some social media accounts linked to ISIS mentioned France as one of its primary targets. As ISIS identified itself as the culprit, the macabre message sent by the organization and its implications for worldwide public opinion was rather simple: we can hit anywhere, at anytime, and any target will be considered fair game. The French government’s reaction was both panicked and swift, and it immediately embraced repressive authoritarian measures similar to those that had been set up by the Bush administration in the aftermath of 9-11-2001. Just like 9-11 in the United States, it seems that the way France’s bloody Friday will be exploited matters more than the tragedy itself. There is no better justification to crack down on civil liberty, freedom and other principles that define the essence of democracy than the good old permanent global war on terror.

French President François Hollande’s cabinet met at midnight and issued some decrees. A nationwide state of emergency was declared, as well as the establishment of tight control at all French borders.

…click on the above link to read the rest of the article…

Arming Dictators: An American Tradition

Arming Dictators: An American Tradition

Recently the Obama administration announced another military aid package for Pakistan: eight F-16 fighter jets.  Once again considerations of human rights and democratic values have been sacrificed to strategic calculations.  Recall, the robust figures for US military assistance to Pakistan: more than $20 billion in weapons, training, and other activities between FY2002 and FY2015, making Pakistan the 16th ranking recipient of US arms.  And that amount does not include drone strikes.

The contrast between Obama the engager and Obama the warrior is striking.  US arms exports to authoritarian regimes such as Pakistan’s, just one element of military aid, continue to rise even as we celebrate the President’s initiatives with Iran and Cuba.  From 2009 to 2014, I count $12.5 billion in arms exports to eight other authoritarian regimes: Afghanistan, the Democratic Republic of Congo, Egypt, Equatorial Guinea, Iraq, Kazakhstan, Pakistan, Saudi Arabia, and Turkey.  That figure is nearly a quarter of all US military exports in those years, which total $50.7 billion.

There is no evidence that those weapons, or military assistance as a whole, have moved authoritarian governments toward greater respect for human rights, social justice, accountable government, or environmental protection. Even their support of US policy on terrorism has been tentative, and in Pakistan’s case, two-faced, since its government accepts US drone strikes while its intelligence apparatus coddles al-Qaeda and the Taliban. On the other hand, there is plenty of evidence that military aid has abetted repression, official corruption, and strong-arm rule.  Pakistan has thumbed its nose at US aid even more, expanding its nuclear-weapon arsenal to more than 100—an arsenal that heightens tension with India and, because it now consists of tactical nukes, is especially vulnerable to theft by terrorist groups. On top of that, we now have word that Pakistan has its own drones, probably built with Chinese help, adding to South Asia’s instability.

…click on the above link to read the rest of the article…

How Technology Kills Democracy

How Technology Kills Democracy


Of all the excuses ladled out for the Obama administration’s shredding of the Fourth Amendment while assaulting press freedom and prosecuting “national security” whistleblowers, none is more pernicious than the claim that technology is responsible.

At first glance, the explanation might seem to make sense. After all, the capacities of digital tech have become truly awesome. It’s easy to finger “technology” as the driver of government policies, as if the president at the wheel has little choice but to follow the technological routes that have opened up for Big Brother.

Barack Obama, then President-elect, and President George W. Bush at the White House during the 2008 transition.

Now comes New York Times reporter Charlie Savage, telling listeners and viewers of a Democracy Now interview that the surveillance state is largely a matter of technology: “It’s just the way it is in the 21st century.”

That’s a great way to depoliticize a crucial subject — downplaying the major dynamics of the political economy, anti-democratic power and top-down choices — letting leaders off the hook, as if sophistication calls for understanding that government is to be regulated by high-tech forces rather than the other way around.

In effect, the message is that — if you don’t like mass surveillance and draconian measures to intimidate whistleblowers as well as journalists — your beef is really with technology, and good luck with pushing back against that. Get it? The fault, dear citizen, is not in our political stars but in digital tech.

…click on the above link to read the rest of the article…

Olduvai IV: Courage
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Olduvai II: Exodus
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