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How a secretive elite created the EU to build a world government

November 29, 2015

How a secretive elite created the EU to build a world government

Voters in Britain’s referendum need to understand that the European Union was about building a federal superstate from day one

As the debate over the forthcoming EU referendum gears up, it would be wise perhaps to remember how Britain was led into membership in the first place. It seems to me that most people have little idea why one of the victors of the Second World War should have become almost desperate to join this “club”. That’s a shame, because answering that question is key to understanding why the EU has gone so wrong.

Most students seem to think that Britain was in dire economic straits, and that the European Economic Community – as it was then called – provided an economic engine which could revitalise our economy. Others seem to believe that after the Second World War Britain needed to recast her geopolitical position away from empire, and towards a more realistic one at the heart of Europe. Neither of these arguments, however, makes any sense at all.

The EEC in the 1960s and 1970s was in no position to regenerate anyone’s economy. It spent most of its meagre resources on agriculture and fisheries and had no means or policies to generate economic growth.

“When we entered the EEC our annual growth rate was a record 7.4 per cent. The present Chancellor would die for such figures”

When growth did happen, it did not come from the EU. From Ludwig Erhard’s supply-side reforms in West Germany in 1948 to Thatcher’s privatisation of nationalised industry in the Eighties, European growth came from reforms introduced by individual countries which were were copied elsewhere. EU policy has always been either irrelevant or positively detrimental (as was the case with the euro).

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

Profound Political Disunity Is Now Pitting Rising Elites Against Fading Elites

November 24, 2015

Profound Political Disunity Is Now Pitting Rising Elites Against Fading Elites

The American Power Elite may yet discover that throw the bums out applies to all existing Establishment parties and Elites.

As I have often noted, historian Michael Grant identified profound political disunity in the ruling class as a key cause of the dissolution of the Roman Empire. Grant described this dynamic in his excellent account The Fall of the Roman Empire, a book I have been recommending since 2009.

The chapter titles of the book provide a precis of the other causes Grant identifies:

The Gulfs Between the Classes

The Credibility Gap

The Partnerships That Failed

The Groups That Opted Out

The Undermining of Effort

Today we focus on the rising profound political disunity of the Power Elites of the U.S. As a general observation, the largely theatrical polarization of the two political parties is being replaced by fault lines within each party and American society that no longer respect the ideological lines of Republican and Democrat.

While conventional media pundits have observed the disorder in Republican ranks with more than a little schadenfreude (pleasure derived by someone from another person’s misfortune), relatively little attention has been paid to the equivalent fractures in the Democratic Party.

Longtime correspondent Mark G. forwarded an insightful article by Joel Kotkin that explains one of the key fractures: Tech titans want to be masters of all media we survey.

In effect, the Old Left (currently represented by Bernie Sanders) is splintering from the mainstream Imperial Democrats (my term) of Hillary Clinton, while Kotkin’s Tech Titansare pursuing a Libertarian-flavored dominance.

Mark G. provides the analytic structure needed to understand why both parties are coming apart at the seams:

What Kotkin describes here is best characterized as a civil war among Democratic Party Elites. This parallels a similar struggle taking place inside the GOP between the ‘GOP Establishment’ and probably 70% of the GOP’s electoral base.

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

The ‘Anti-Knowledge’ of the Elites

November 1, 2015

The ‘Anti-Knowledge’ of the Elites

Exclusive: It’s fairly easy to spot the “anti-knowledge” spouted by the Tea Party and the Religious Right’s favorite candidates, but a more subtle form of reality-deprived “group think” pervades America’s elites though it is rarely noted in the polite circles of the mainstream media, writes Mike Lofgren.

In a previous piece, I described how the Republican Party and its ideological allies in the fundamentalist churches have confected a comprehensive media-entertainment complex to attract low-information Americans and turn them into partisans.

The propaganda they are fed has become so disconnected from facts, evidence and logic that it is all too easy to laugh at people operating on demonstrably — and even ridiculously — false premises, such as the notion that Barack Obama, born in Hawaii, is not a natural-born American, or that the Sandy Hook school massacre was an elaborate fake designed to take away the firearms of patriotic Americans.

It would be comforting to believe that somewhere in the commanding heights of our permanent government, there are important players who are serious grownups who know what they are doing. That, at least, is the impression they seek to convey with their sober demeanors, credentials from think tanks or prestigious universities, and the measured, almost soporific testimony they deliver to congressional committees.

Think of Robert Gates, Ashton Carter, Timothy Geithner or Eric Holder. On the surface, they seem the very antithesis of the Tea Party fanatic, gibbering about ISIS training camps in America. The preferred pose of these establishment personages is that of the politically neutral technocrat offering well-considered advice based on their profound expertise.

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

Superyacht Getaway Subs And Luxury Bomb Shelters: The Elite Are The Most Paranoid Preppers Of All

October 23, 2015

Superyacht Getaway Subs And Luxury Bomb Shelters: The Elite Are The Most Paranoid Preppers Of All

When it comes to “prepping”, many among the elite take things to an entirely different level. As you will see below, the elite are willing to pay big money for cutting edge home security measures, luxury bomb shelters and superyacht getaway submarines. Some of the things that the elite are demanding for their own protection go beyond even what we would see in a James Bond film, and serving the prepping needs of the elite has become a multi-billion dollar business. Meanwhile, the media outlets that the elite own continue to mock the rest of us for getting prepared. All the time we see headlines like this one that appeared in a major American news source: “Preppers: Meet the paranoid Americans awaiting the apocalypse“. Well, if we are paranoid for setting aside some extra food and supplies for the future, what does that make the people that you will read about in this article?

The elite live in a world that is completely different from the world that you and I live in. In wealthy enclaves of major global cities such as London, elitists are willing to shell out massive amounts of money to ensure that everyone else is kept out. The following comes from an article that was just published a few hours ago by the London Evening Standard entitled “The paranoid world of London’s super-rich: DNA-laced security mist and superyacht getaway submarines“…

Business is booming because billionaires are a paranoid bunch. Take one who recently moved to Mayfair. ‘He wanted everything, from protection from cyber hacking through to physical intrusion and kidnapping,’ says Bond Gunning. ‘We ended up installing fingerprint-activated locks for family members and programmable keys for staff that limit the time they are allowed into the property and the rooms they are able to enter and exit.

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

The Real Trouble Begins When Rising Inequality Splinters the Elites

October 22, 2015

The Real Trouble Begins When Rising Inequality Splinters the Elites

If others in our class are still rising while we’re stagnating, we sense a great disturbance in the financial and political Force.

Rising economic inequality tends to generate political instability for all the obvious reasons: the rich get richer, the poor get poorer, the rich say let them eat brioche and next thing you know, the ungrateful wretches are tearing down the Bastille and a youthful army officer has to restore order with a whiff of grapeshot. After which he launches a war of conquest that kills hundreds of thousands and bankrupts nations.

So yes, economic inequality can generate quite a spot of bother.

Historian Peter Turchin identified “the degree of solidarity felt between the commons and aristocracy,” the sense of purpose and identity shared by the top, middle and bottom of the wealth/power pyramid, as a key ingredient of social unity and political stability.

One measure of this unity of purpose and identity is the degree of inequality between commoners (the lower 90% of American households by wealth/income), the top 10% professional/technocrat class that owns 74% of the wealth and pays almost 80% of the federal income taxes, and the Power Elite aristocracy (the top .1%).

Turchin discusses instability and wealth inequality in his well-researched book War and Peace and War: The Rise and Fall of Empires.

History supports two narratives of rising inequality leading to social disintegration and political instability: one is inequality between the top classes and everyone else, and the the other is rising inequality within the top classes.

When the pie starts shrinking and there aren’t enough slices to satisfy the rising expectations of the top class, the elites splinter in profound political disunity. In other words, when the offspring of the top 10% earn MBAs from respected universities and can only find internships, their parents become extremely dissatisfied with the status quo.

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

Aristocracy aren’t Satisfied; They Demand More

October 19, 2015

Aristocracy aren’t Satisfied; They Demand More

A new analysis of the Obama-proposed TTIP ‘trade’ treaty, which the U.S. would have with Europe, finds that it was initiated and shaped by large international corporations, which will, also according to the only independent economic analysis that has thus far been done of TTIP (Transatlantic Trade and Investment Partnership), be the only beneficiaries of the proposed Treaty — all at the expense of the publics in each one of the participating countries.

This new study is titled «Public Services Under Attack», but it’s about more than just the proposed treaty’s impacts upon replacing «Public Services» by private services.

Corporate Europe headlined about this study on October 12^th, «Public services under attack through TTIP and CETA», and listed 15 of what they consider to be the report’s highlights. The following will instead quote extensively from the study itself, so that this summary will come mainly from the report itself:

The study is »Published by Association Internationale de Techniciens, Experts et Chercheurs (AITEC), Corporate Europe Observatory (CEO), European Federation of Public Services Unions (EPSU), Instytut Globalnej Odpowiedzialności (IGO), Transnational Institute (TNI), Vienna Chamber of Labour (AK Vienna), and War on Want». So: it reflects a concern for workers, and for the poor, not mainly for corporate owners — the latter being the proposed Treaty’s sole sponsors and beneficiaries.

This new study opens by defining (page 8) «Public Service»: «Public services are those provided by a government to its population, usually based around the social consensus that certain services should be available to all regardless of income». Another way of stating this is that a «public service» is one provided to citizens as a right, available to all equally, instead of as a privilege, available only upon the basis of ability-to-pay.

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

Moving Toward A One World Government, A One World Economy And A One World Religion

October 19, 2015

Moving Toward A One World Government, A One World Economy And A One World Religion

The global elite have never been closer to their goal of a united world. Thanks to a series of interlocking treaties and international agreements, the governance of this planet is increasingly becoming globalized and centralized, but most people don’t seem alarmed by this at all. In the past 30 days, we have seen some of the biggest steps toward a one world government, a one world economy and a one world religion that we have ever witnessed, but these events have sparked very little public discussion or debate. So please share this article with as many people as you can. We need to wake people up about this before it is too late.

From September 25th to September 27th, the United Nations launched a “new universal agenda” for humanity. Those are not my words, they actually come directly out of the core document for this new agenda. The Pope traveled to New York City to give the address that kicked off this conference, thus giving his considerable endorsement to this new plan. Virtually every nation on the entire planet willingly signed up for the 17 goals that are included in this plan, but this stunning turn of events made very few international headlines.

The United Nations is promising that if we all work together that we can turn our planet into some kind of “utopia”, but the truth is that all of this talk about “unity” masks a very insidious agenda. The following comes from a recent piece by Paul McGuire, the author of a groundbreaking new book entitled “The Babylon Code”…

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

Buying Power

October 11, 2015

Now they are deploying their vast wealth in the political arena, providing almost half of all the seed money raised to support Democratic and Republican presidential candidates. Just 158 families, along with companies they own or control, contributed $176 million in the first phase of the campaign, a New York Times investigation found. Not since before Watergate have so few people and businesses provided so much early money in a campaign, most of it through channels legalized by the Supreme Court’s Citizens United decision five years ago.

These donors’ fortunes reflect the shifting composition of the country’s economic elite. Relatively few work in the traditional ranks of corporate America, or hail from dynasties of inherited wealth. Most built their own businesses, parlaying talent and an appetite for risk into huge wealth: They founded hedge funds in New York, bought up undervalued oil leases in Texas, made blockbusters in Hollywood. More than a dozen of the elite donors were born outside the United States, immigrating from countries like Cuba, the old Soviet Union, Pakistan, India and Israel.

But regardless of industry, the families investing the most in presidential politics overwhelmingly lean right, contributing tens of millions of dollars to support Republican candidates who have pledged to pare regulations; cut taxes on income, capital gains and inheritances; and shrink entitlement programs. While such measures would help protect their own wealth, the donors describe their embrace of them more broadly, as the surest means of promoting economic growth and preserving a system that would allow others to prosper, too.

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

Chapter 5: Economists and the Banking System, Part 2: Adam Smith, Some Early Americans, and Friedrich List

October 8, 2015

Chapter 5: Economists and the Banking System, Part 2: Adam Smith, Some Early Americans, and Friedrich List

This chapter is about economics in transition. Economics means literally ‘housekeeping’ and most early writers on economics (roughly speaking before Adam Smith, 1723-90) treated it that way. They worried about a nation’s solvency, whether fairness generally prevailed in economic dealings, and whether the vulnerable were sufficiently protected against the powerful. By the end of this chapter, however, nationalist economics is promoting a ‘war of extermination’ between nations; and ‘institutions of credit’ – i.e. banks – have become economic weapons in the hands of national elites, for use both at home and abroad.

Economists before Adam Smith noticed that huge quantities of credit, based on very few assets, were passing as money, enabling real property to be purchased by people who had done nothing to gain it besides speculate or fund the speculations of others.[i] The ‘financial revolution’ was inevitably accompanied by a social revolution: the old landed gentry were being bought out and displaced by speculators in finance.[ii] Some economists were concerned about the effects on society generally, of such people gaining political and financial power.[iii] ‘Every little scoundrel gets a new estate’ commented Charles Davenant in 1701.

In 1707, there occurred one of those momentous turning-points in history which no one much remarks on. The nature of the event probably explains why it is so obscure: debt became a legally-recognised commodity. Not exactly a bit of history to thrill the imagination, and yet it changed the world, transforming how money could be made and leading by slow process to the situation today, when financial operators own most of the world’s wealth.

– See more at: http://www.cobdencentre.org/2015/10/chapter-5-economists-and-the-banking-system-part-2-adam-smith-some-early-americans-and-friedrich-list/#sthash.zN59Wvw7.dpuf

When the Aristocracy Leaves the Commoners in the Dust, The Empire Is Doomed

October 8, 2015

When the Aristocracy Leaves the Commoners in the Dust, The Empire Is Doomed

We all know the barriers between the commoners and the Elite rise higher every year, despite the claims of the corporate media and the Power Elite aristocracy.

Historian Peter Turchin identified “the degree of solidarity felt between the commons and aristocracy” as a key ingredient of the Republic of Rome’s enormous success. Turchin calls this attribute of social structure vertical integration, a term that usually refers to a corporation owning its supply chain.

In Turchin’s meaning, it refers to the sense of purpose and identity shared by the top, middle and bottom of the wealth/power pyramid. One measure of thisvertical integration is the degree of equality/inequality between the commoners (shall we call this the lower 90% of American households by income?) and the Power Elite aristocracy (top .5%, or perhaps top .1%).

The vertical integration of the Roman Republic’s social strata is striking. In his book War and Peace and War: The Rise and Fall of Empires, Turchin tells this anecdote:

“Roman historians of the later age stressed the modest way of life, even poverty of the leading citizens. For example, when Cincinnatus was summoned to be dictator, while working at the plow, he reportedly exclaimed, ‘My land will not be sown this year and so we shall run the risk of not having enough to eat!'”

Can you conjure up the image of any presidential hopeful in a field actually working to grow food for his/her family?

Turchin goes on to say this vertical integration is a feature of all successful empires:

“(This) lack of glaring barriers between the aristocracy and the commons seems to be a general characteristic of successful imperial nations during their early phase.”

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

Following in Ancient Rome’s Footsteps: Moral Decay, Rising Wealth Inequality

September 30, 2015

Following in Ancient Rome’s Footsteps: Moral Decay, Rising Wealth Inequality

If you want to understand why Rome declined, look no further than the moral decay of ruling Elites.

There are many reasons why Imperial Rome declined, but two primary causes that get relatively little attention are moral decay and soaring wealth inequality. The two are of course intimately connected: once the morals of the ruling Elites degrade, what’s mine is mine and what’s yours is mine, too.

I’ve previously covered two other key characteristics of an empire in terminal decline: complacency and intellectual sclerosis, what I have termed a failure of imagination.

Michael Grant described these causes of decline in his excellent account The Fall of the Roman Empire, a short book I have been recommending since 2009:

There was no room at all, in these ways of thinking, for the novel, apocalyptic situation which had now arisen, a situation which needed solutions as radical as itself. (The Status Quo) attitude is a complacent acceptance of things as they are, without a single new idea.

This acceptance was accompanied by greatly excessive optimism about the present and future. Even when the end was only sixty years away, and the Empire was already crumbling fast, Rutilius continued to address the spirit of Rome with the same supreme assurance.

This blind adherence to the ideas of the past ranks high among the principal causes of the downfall of Rome. If you were sufficiently lulled by these traditional fictions, there was no call to take any practical first-aid measures at all.

A lengthier book by Adrian Goldsworthy How Rome Fell: Death of a Superpoweraddresses the same issues from a slightly different perspective.

Glenn Stehle, commenting on 9/16/15 on a thread in the excellent website peakoilbarrel.com (operated by the estimable Ron Patterson) made a number of excellent points that I am taking the liberty of excerpting: (with thanks to correspondent Paul S.)

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

VIDEO: Chris Hedges on the Big Lie of Neoliberalism and the Very Real Threat of a President Trump

September 14, 2015

VIDEO: Chris Hedges on the Big Lie of Neoliberalism and the Very Real Threat of a President Trump

Chris Hedges doesn’t spare Donald Trump, Hillary Clinton or even Bernie Sanders in this wide-ranging take on the big swindle of neoliberalism and his warning for the future in the hands of a “rapacious oligarchic elite.”

Hedges made his statements during a speech he gave in Toronto on Sept. 3, drawing from his newest book, “Wages of Rebellion: The Moral Imperative of Revolt,” as well as from his Aug. 30 Truthdig column, “The Great Unraveling.”

Some particularly good lines from Hedges’ speech include these well-taken points: “Every promise made by the proponents of neoliberalism is a lie,” “The left is still alive … barely,” and “Democracy, especially in the U.S., is a farce, vomiting up right-wing demagogues such as Donald Trump, who has a serious chance to become the Republican presidential nominee—and perhaps even president.”

Find out how Hedges views our country’s current predicament, as well as Democratic candidate Bernie Sanders, in the video below (via YouTube):

The Elite Have Prepared For The Coming Collapse – Have You?

September 7, 2015

The Elite Have Prepared For The Coming Collapse – Have You?

Why are the global elite buying extremely remote compounds that come with their own private airstrips in the middle of nowhere on the other side of the planet? And why did they start dumping stocks like crazy earlier this year? Do they know something that the rest of us don’t? The things that I am about to share with you are quite alarming. It appears that the global elite have a really good idea of what is coming, and they have already taken substantial steps to prepare for it. Sadly, most of the general population is absolutely clueless about the financial collapse that is about to take place, and thus most of them will be completely blindsided by it.

As I discussed the other day, the only way that you make money in the stock market is if you get out in time. The elite understand this very well, and that is why they have been dumping stocks for months. This is something that has even been reported in the mainstream news. For example, this comes from a CNBC article that was published on June 16th…

The so-called smart money is pulling back from market risk, with fund managers taking down exposure to stocks, increasing cash holdings and buying protection against a sharp selloff.

About two weeks before that, I discussed the same phenomenon on my website. The article that I published on May 30th was entitled “Why Is The Smart Money Suddenly Getting Out Of Stocks And Real Estate?”

Did the “smart money” know what was about to happen? Since the peak of the market, the Dow has already lost more than 2200 points. All of the gains since the end of the 2013 calendar year have already been completely wiped out.

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

Co-operatives Need to Confront Climate Chaos

August 30, 2015

Co-operatives Need to Confront Climate Chaos

The challenges for 2015 are the same ones we’ve failed as a movement to find solutions to, or even act on, for a very long time: climate change and the neoliberal politics of austerity. The co-operative movement needs to work internationally to stop oil companies extracting, and governments and corporations burning fossil fuels for profit, and it should be a part of the international campaign against rich elites profiting from wrecking the climate.

We need to incorporate other conceptions of what a strike can be and co-operatives…need to be a part of this conversation.

The co-operative movement should use COP21 this December in Paris, an important milestone in the international negotiating process, as something to put their energy towards; they should support the call which I’ve made for a climate strike here. Co-ops should close doors and shopfronts and walkout on the streets as part of a solidarity strike for the climate, the theory of which I’ve detailed in this blogpost. In practice there needs to be support for those aiming to disrupt extraction sites, production sites and transportation systems of corporations and the states that support them. Where possible we should work with workers in other industries who are prepared to go on strike. However, climate change has been defined by automation and the nature of work in the extraction industry has changed, with workers becoming harder to organise as a result. Additionally, the legal terrain for this form of action is yet uncharted and seems unlikely to be voted through by many rank and file, meaning that at least in Europe extraction and production are unlikely to be stopped by strike action in December. We need to incorporate other conceptions of what a strike can be and co-operatives, as social organisations ostensibly providing for their communities, necessarily need to be a part of this conversation.

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

Trouble South Of The Border

August 27, 2015

Trouble South Of The Border

Mexico’s vulnerabilities pose a huge risk to the U.S.

Too big to fail is a seven-year phenomenon created by the most powerful central banks to bolster the largest, most politically connected US and European banks. More than that, it’s a global concern predicated on that handful of private banks controlling too much market share and elite central banks infusing them with boatloads of cheap capital and other aid. Synthetic bank and market subsidization disguised as ‘monetary policy’ has spawned artificial asset and debt bubbles – everywhere. The most rapacious speculative capital and associated risk flows from these power-players to the least protected, or least regulated, locales.

The World Bank and IMF award brownie points to the nations offering the most ‘financial liberalization’ or open market, privatization and foreign acquisition opportunities. Yet, protections against the inevitable capital outflows that follow are woefully inadequate, particularly for emerging markets.

The financial world has been focused largely on the volatility of countries like China and Greece recently. But Mexico, the third largest US trading partner (after Canada and China), has tremendous exposure to big foreign banks, and the largest concentration of foreign bank ownership of any country in the world (mostly thanks to NAFTA stipulations.)

In addition, the latitude Mexico has provided to the operations of these foreign financial firms means the nation is more exposed to the fallout of another acute financial crisis (not that we’ve escaped the last one).

There is no such thing as isolated “Big Bank” problems. Rather, complex products, risky practices, leverage and co-dependent transactions have contagion ramifications, particularly in emerging markets whose histories are already lined with disproportionate shares of debt, interest rate and currency related travails.

Mexico has benefited to an extent from its proximity to the temporary facade of US financial health buoyed by Fed policy, but as such, it faces grave dangers should any artificial bubble pop, or should the value of the US dollar or US interest rates rise.

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

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