Latin America Infiltrated by Statists, Socialists and Fake Free Marketeers

June 13, 2012

By LUIS MIRANDA | THE REAL AGENDA | JUNE 13, 2012

The numbers and types of Statist, Socialist and Corporate Capitalists in power around Latin America have grown exponentially in the last two decades, and with them so have the masses of well-meaning people who believe their lies about social justice, the goodness of big government and the advantages of service economies sponsored by the most powerful corporations in the planet. Some of these corporations, by the way, have bigger revenues than many nations from that region and the world. As if the emergence of those movements was not bad enough, lately, the heads of socialist, statist and false free market groups have united to form more easily controllable commercial and political alliances, which they say, will bring real development to their countries and their people.

The most recent of those alliances is the one formed by Chile, Peru, Colombia and Mexico, called the Pacific Alliance. According to the front men who act as the creators, — the presidents of the four countries — the alliance is an effort to unite and to seek the realization of common goals. Chile, Mexico, Peru and Colombia are a handful of Latin American states with the least damaged economies in the region. In fact, Chile has become a story of success in the last decade or so, given its application of policies which have allowed for decent growth based on the country’s appetite for saving. However, Peru, Colombia and Mexico are a different story, which begs the question, why would Chile go into business with well-known corporate controlled failed states?

Mexico has for many years worked under the auspices of the United States, partnering on the infamous North America Free Trade Agreement (NAFTA), which has been charged with eliminating the industrial production of the US by design, permitting the free movement of people — illegal aliens — from the south to the north, while rewarding companies that move their operations outside American soil and avoiding corporate taxes, among others. Peru is a different story. Its past has always been highlighted by poverty, government corruption, and statist rule. This last aspect has not changed a bit. The country went from Alberto Fujimori to the current Peruvian leader Ollanta Humala, who rose to power in 2011. He is recognized as a anti-market extremist.

Meanwhile, Colombia is perhaps the strangest ally in a group that supposedly seeks development and free trade. Colombia, just as Mexico has been a close friend of the United States in the failed war on drugs, which has proven an insufficient and poorly managed effort to curb drug trade and the violence that stems from the existence of armed groups and governments controlling the flow of narcotics. In reality, the so-called war on drug trade is a facade to hide the worldwide campaign for the control of illegal drugs, their markets and the billions of dollars in profits that are laundered  every year by the largest banks on the face of the planet.

Groups such as the Pacific Alliance are not more than controlled dissidence, easily manageable by their sponsors. In Latin America, the creation of economic or political blocs to “further development” is not new. Before the Pacific Alliance, nations formed UNASUR, ALBA, MERCOSUR, Caricom, CELAC, the Andean Community and many others. The results of these unions both in the political and economic realms have been largely the same: Nothing.

When asked about the impact of MERCOSUR in their purchases of raw materials or sales of finished products, companies in Latin America privately say that the MERCOSUR is just a window dressing initiative that has done little or nothing to improve commerce among its members. In fact, as we speak, both Brazil and Argentina are engaged in a trade war that threatens to bring down important business deals between commercial partners in both countries. Argentina adopted a strong protectionist policy while Brazil refuses to allow the flow of Argentinian goods to its importers.

The leaders of countries like Bolivia, Venezuela and Ecuador have failed miserably to bring development to their people. They arrived to power promising better living conditions to supporters to only turn into tyrants with socialist leaning ideas. Despite this record, the members of the Pacific Alliance seem to believe that a new group of countries supported by China, will bring about the riches and improved living conditions that past presidents and community leaders failed to provide. All members of the Alliance intend to attract even more Chinese aid to their countries, trying to emulate Brazil’s efforts to open the door to the communist regime. Their official statements allege that they seek to expand trade with Asia.

By bringing China into the equation, the Pacific Alliance seeks to attract other business partners from the region, but only those who can show historical compromise with free trade and economic development. Under this premise, other smaller nations such as Costa Rica and Panama are attempting to jump on the bandwagon. Ironically, both Costa Rica and Panama have been American allies in the war on drugs and have implemented policies designed to slowly and quietly crack down on citizens’ rights.

For example, Costa Rica permitted the arrival of US military men into its territory under the excuse that it would help fight the war on drugs. As if that wasn’t enough of a violation to the country’s sovereignty, the US has now been allowed to set up a naval base in the Atlantic coast. During the early years of the construction of the Panama Canal, this country basically surrendered its sovereignty to the Americans, who later yielded possession of the Canal to China in 2000. This is one of the biggest concerns that critics have expressed about the newest integration. Some of these nations have associated with communist, statist or marxist groups in the past, but now fashion themselves as sponsors of free markets, free trade and social justice.

The official announcement of the Pacific Alliance was made just days ago by Chilean president Sebastián Piñera, who got all poetic about the new bloc. “From the heights of Paranal, in the most arid desert in the world and under the clearest of skies, we have signed a pact officially giving birth to the Pacific Alliance,” he said. “There are no incompatibilities or exclusion vis-a-vis other integration efforts. We are against nobody but rather in favor of even greater integration.” Meanwhile, his new partner, Mexican president Felipe Calderon said that “The Pacific Alliance’s economic potential is significant.” His counterpart from Colombia echoed the same kind of prospects for the new association by adding that the Pacific Alliance is the “most important integration process in Latin America.”

Although the existence of completely opposing groups was not cited as a reason to form the Pacific Alliance, behind the scenes governments like the Chilean and the Colombian have shown their concern about the creation of secretive partnerships like the São Paulo Forum, an organization composed by followers of Fidel Castro, Hugo Chavez and Luiz Inacio Da Silva, one of the founders of the group. These leaders subscribe to ideologies also shared by Ecuador, Nicaragua, and Argentina, although these last three nations do not express their adherence publicly. The lack of public recognition however, hasn’t prevented the citizenry of those countries from suffering from poverty, crime, insecurity and abusive, repressive governments, which are exactly what their leaders promised to eradicate. The São Paulo Forum is also linked to narco-traffickers and armed Marxist revolutionaries, of the likes of the Nicaraguan Sandinistas as well as the Russian and the Chinese governments.

The above mentioned scenarios are the ones critics of these alliances often warn against. The integration of countries that agree to surrender their independence without previously consulting their citizens in order to open the door to fascist, socialist or communist ideologues, who supposedly have the best of intentions in mind has been the common result of previous attempts to create strategic commercial and political groups. It happened in Europe, Asia, North America and definitely in Latin America. Most if not all of the unions assembled in the name of development and progress were just shams hidden behind charismatic men and women who preached the gospel that the people wanted to hear.

While military agreements have served the interests of those who traffic arms in exchange for cash or drugs, commercial accords rendered many nations poorer and more dependent on powerful corporate interests. The question that must be asked is why do political leaders continue to surrender sovereignty in order to have trade when they are not mutually exclusive? In fact, the world was never a more stable place, economically and financially, than when countries traded in a bilateral and multilateral ways, without surrendering the ownership of their resources and laws to unelected technocrats who are now in total control of everyone’s destiny.

Filed under English, Latin America, North America, Politics, Special Reports, World Tagged with , , , , , , , , , , , , , , , , , , ,

Loving your Servitude: Microsoft’s Kinect Console Paves the Way for In-Home Spying

April 5, 2012

By LUIS R. MIRANDA | THE REAL AGENDA | APRIL 5, 2012

Tyranny isn’t awful only because of the mayhem it achieves, but also because of the way it spreads its tentacles before it tightens the noose around unsuspecting populations. Tyranny will come in a uniform, says a proverb. But most of the time the uniform is just the last step in the process of achieving total control in a society. Hitler, perhaps the best example of what tyrants can accomplish, did not come into power with his brown shirt goon army stomping into people’s homes. It was an incremental process that intelligently carried out a series of actions through a series of steps which ended with Germans begging for tyrannical measures in the name of common good.

The remaining time of the twentieth century after Hitler was deposed and what has passed of the twenty-first century, has seen the rise of tyranny to levels that only H.G. Wells had been able to envision. This is a sign that puppet tyrants are not the bedrock of tyranny; they are just temporary mules that make it portable throughout the decades. Although twenty-first century tyranny seems to be rooted on the same principle that originated it back in the previous two centuries — security –, this principle can only be turned into a reason for tyranny if there is a necessity for it. But it isn’t even security as a principle the main driver of tyrannical regimes. For a temporary or permanent oppressive government to take control, it uses other tools that sort of complement the loss of freedom and the advancement of an out-of-control security grid. This complement is of course technology.

It would take much longer to achieve a complete state of tyranny if the tyrants intended to impose this state of affairs through force alone. That is why the men and women behind oppressive regimes use two of their best allies to achieve their goal: time and technological advances. Incremental changes through long periods of time in a way that conditions are engineered to promote a certain scenario are better accepted by populations who are worried 24 hours a day about their security. This is the reason why a heightened environment of insecurity together with the implementation of policies that reduce freedom and deviate attention from the loss of freedom are a perfect combination to bring about the best version of tyranny in the twenty-first century. In the case of our modern society, technological dependence has taken on the role that food scarcity and conflict, for example, played in previous eras.

One of the best ways to carry out tyrannical policies is to keep a population distracted while policies are created, accepted and put in place. In an era where self-security and economic imbalances are easily distracting people from opening their eyes and seeing what is really going on, technology is now more than ever playing a monumental role in advancing the tyrannical agenda thought out a long time ago. Not only have countries, companies and individuals embraced technology as part of their daily lives, but they’ve also become dependent to a degree that is no longer a choice to simply ‘get disconnected’ from it. Financial transactions, commerce, resource management and education are just a few of the areas in which technology has become a necessary evil. The problem is that technology users for the most part only have a myopic view of what technological advancements offer. This is a problem because technology is undoubtedly a double edge sword.

When it comes to technology and its applications, the two edges of the sword are usually defined as (1) the convenience it provides to our daily lives, and (2) the type of applications it can have. One-dimensional thinking always focuses on the benefits and the convenience. In fact, these are the terms in which technology is always presented. The other side, the not so positive consequences or misuse of technology is what is always hidden from the unsuspecting public, who only understand technological advances as entertainment; the opium of a population that hurts economically, mentally and that lacks the capacity — by design — to see beyond their leisure needs. Two-dimensional or three-dimensional thinking renders new and different ways of understanding. The three-dimensional way of thinking that also sees the sharper edge of the sword, the one that easily cuts through ignorance and that allows oppressive regimes to bring about their tyranny, is always acknowledged by the tyrants, but not by technology users.

Is it convenient to have a search engine that knows what you want to search, even before you type it in? Sure it is. But one needs to ask how does the company behind the search engine achieves this and what other applications would this technology have and whether or not they’d be as beneficial as the search results, or if they are beneficial at all. Google, has publicly announced that it will use every camera and microphone embedded in computers to spy on people in order to create profiles for commercial purposes. Although that way of spying is already alarming, one must wonder what else are they going to do. Is it comfortable to have newer, more efficient appliances at home? Sure. However, it is within our purview to investigate whether the comfort these devices bring are worth loosing privacy. For example, recently, the head of the CIA, David Petraeus publicly said that that organization along with the National Security Agency (NSA) would be using technological advances to spy on people through their appliances. This by the way is not limited to the United States. In fact, as we speak, the United States is building a seven football-stadium-sized facility that will house the largest spying apparatus in the planet. The NSA is well-known for their Echelon program and their work with Fusion Centers nationwide in the United States. Both Echelon and the Fusion Centers make up the largest spying force with the capacity to operate around the world.

Is it convenient to have a communication device that allows us to talk to anyone, anywhere, as long as there is an electromagnetic signal available? Absolutely. But again, we should also know that, leaving health issues aside, cell phones are basically portable spying devices for a group of corporations whose real owners cannot sleep at night thinking of ways to learn about everything we do. Recently, both Apple and Google devices were in the news for their ability to record users’ movements and deliberately sending such information to an Artificial Intelligence-controlled hard drive or server somewhere. This information was collected without the users being aware of it, without their permission or consent. What did Eric Schmidt, Apple’s CEO had to say about it? “If you have something that you don’t want anyone to know, maybe you shouldn’t be doing it in the first place.” Why isn’t the public able to realize that iPhones, Microsoft phones and Android Google phones can be used to do many more things besides calling someone? Because technology has become — again not by accident — the opium of the people. They have been indoctrinated and programmed by the educational systems to lose their ability to think critically and to be innovators. Historically, humans have been transformed into users instead of creators. For at least a century — in modern society — the creators are the tyrants who figured out that technology could be used to enslave while it functioned as a distraction for the decadent masses.

Just as the Romans had their gladiator fights, we have football games, TV shows and of course our iPhones, Laptops and Game Consoles. Have you heard about Kinect? If not, this Microsoft gaming platform is the mother of all spying tools for in-home usage. If you like Happy Meals or Jack-in-a-Box, you’ll love Kinect. That’s right. While we were all sleeping, the tyrants figured out a way to make us like our servitude, and they’ve done a superb job. Not only will people be distracted playing games that will either make them psychos or dummies, but they’ll also be victims of direct spying by the military industrial complex. The reach of technologies like Kinect, which are only advertised as trendy, fun devices, goes beyond what most of its users even begin to fathom. With military contractors already working on ways to ‘better’ use the technology embedded in the game console, as well as publicly saying they intend to spy on people through it to steal their information, what exactly is there inside Kinect? As explained by multiple media outlets, Microsoft’s latest Xbox 360 has:

* Four microphones — a first, according to CEO Kyle Wiens. “We’ve taken apart binaural devices before, but this is our first quadaural sensor setup!”

* Two cameras (pictured).

* An IR transmitting diode.

* One fan. Wiens says that for a 12-watt device, Microsoft seems very paranoid about heat dissipation and blames this paranoia on the infamous red-ring-of-death problems that have plagued the 360. “This is a good thing for consumers, but we can’t help but wonder if they’ve gone overboard in the cooling department,” Kyle said.

* 64 MB of Hynix DDR2 SDRAM.

* A “tiny, diminutive, even” motor (pictured).

* A three-axis accelerometer.

* A Prime Sense PS1080-A2. “Kinect is based on Prime Sense’s motion detection technology,” explains Kyle. “This chip is the Kinect’s brains —– all the sensors are wired into here for processing before transmitting a refined depth map and color image to the Xbox.”

If you are technologically challenged or simply are not interested in technical details at all, because all you care about is having fun with Kinect, you are in trouble. The Quadaural sensor enables Kinect to listen to and identify up to five different voices. The two cameras are capable of taking pictures and recording video. The Infrared (IR) transmitting diode can create and record a thermal image of people in the room, which then becomes a powerful identification tool. The 64 MB hard drive makes sure that all the information collected is comfortably stored for easy access by outside users — military spies and hackers — and the Prime Sense sensor, the brain, closes the gift list that any control freak would dream about. The chip simply detects any movement that takes place in the room where Kinect is. Sadly, this kind of technology is not limited to Kinect. Other game consoles like Nintendo Wii and Playstation already use similar components which are sold as the best way to enhance gaming experience. How thoughtful of the creators! Much like the makers of the latest television sets, satellite boxes and fridges, Kinect is simply Big Bother in a box.

Any recommendations to stave off Big Brother from coming into our houses? According to a ‘freedom fighter’, it is a good idea to “make sure you disconnect Kinect whenever you are not using it”. Really? How about not buying a Kinect? How cattle-like have people become! Have your Soda pop, but make sure you drink it only one sip at the time so that the aspartame in it kills you slowly. Buy a cell phone, but use it less often, that way the cancer will take a decade or two to appear. We have indeed become comfortable slaves who not only enjoy but actually love our servitude.

I guess H.G. Wells fell way short of what a New World Order would look like.

You may share our original content as long as you respect our copyright policy as shown on our website footer. Please don’t cut articles from The Real Agenda to redistribute by email or post to the web if you don’t follow our policies.

Luis Miranda is the founder and editor of The Real Agenda. For more of his stories, subscribe to our article feed. You can also follow him on Twitter and Facebook. Email article ideas and insights through the Contact page.

Filed under Africa, Asia, English, Latin America, North America, Politics, Special Reports, World Tagged with , , , , , , , , , , , , , , ,

BRICS Denounce Currency Manipulation

March 29, 2012

By LUIS R. MIRANDA | THE REAL AGENDA | MARCH 29, 2012

In the power shift the world is experiencing today, both the rich nations and the supposed emerging economies are making sure they appear as cohesive groups with common goals. While the Anglo-Saxon bloc has governed over the world for well over a century, the emerging new powers in the underdeveloped regions of the planet are betting on public unity to exercise pressure over the current rulers.

While the dominant European nations and the United States hide behind bailouts to avoid facing the debacle of the banker-sponsored debt crisis, the BRICS want to show the world that there is another way to do things that may be more beneficial for all. Although the birth of the BRICS, a group composed by China, Brazil, Russia, South Africa and India seemed to be a good initiative to bring about economic and perhaps even political balance in the power struggle now occurring, the truth is that the BRICS are an example of what the Anglo-Saxon Empire was 200 years ago: A bunch of wannabe leaders who cannot find significant common ground to create and exercise policies that improve their people’s standard of living, but who do take time to show off their newly acquired insignificant medals.

It is easy to see why the BRICS are simply more of the same. In the latest communique issued by the group, it member countries criticize the United States and Europe for their manipulation of the Dollar and the Euro currencies. This criticism is well founded, but aren’t China and Brazil doing the same thing? They are. China artificially manipulates its currency to keep its value low and with that benefit by keeping the cost of exporting its goods low. Brazil on the other hand, also resorts to currency manipulation to keep the Real at about 1.75 Reais per dollar. Recently, business leaders in Brazil have been lobbying the government led by Dilma Rousseff to further devalue the Real in order for them to be more competitive in the international market. The idea according to these business leaders, is to take the Real to at least 1.85 per dollar, which would allow them to reduce the cost of exporting their products to the European and American markets as well as not having to pay better wages to its workers. In other words, the Brazilian industry is asking the government to tax its people by devaluing the Real, which will increase inflation.

In a previous statement, some members of the BRICS talked about their reservations to denounce currency manipulation because China, one of the most influential members of the group, also engages in such behavior. It was only after China learned about the position of the other member-states and understood that the official communique was meant to criticize Europe and the United States that the document was made public. “Brazil will push for its large emerging-market peers including China to denounce what it sees as unfair monetary policies by Europe and the United States, raising the stakes in a global confrontation over economic imbalances,” reported Reuters on Wednesday. On Thursday, representatives of some of the most influential multinational corporations that operate in Brazil, met with the Secretary of Commerce in the capital city of Brasilia, Brazil to request that the government manipulated the Real in order for those companies to gain an advantage on foreign competitors and international markets.

According to Reuters, Brazil accuses rich nations of using policies to cause a “monetary tsunami” by adopting policies that spread benefits such as low interest rates and bond-buying programs. These policies, according to the report, were designed to stimulate the troubled U.S. and European economies. This is the official explanation, however, the real goal is to cause a massive debt hole from which the global economy cannot come out of. Banking leaders in Europe and the United States are letting the debt crisis collapse in a progressive and incremental way to a point where the artificially created liquidity will not be able to bail nations out. So-called emerging markets like Brazil, are directly or indirectly absorbing the new monies being put out by the banks and large investors — in many cases as loans or investments in infrastructure — in order to hook developing countries into deeper debt and terminate them once their power grab process is completed. This is not reported in the local media or talked about by mainline economists, who believe that the investment is coming in as a result of some magical attraction that the country has, or perhaps because Brazil is governed by a woman, or because the people here are friendly. The few economists who do know about the real intentions the bankers and large investors have in mind do not have the guts to talk about it.

Publicly, the BRICS seem to be led by Brazil, whose Trade and Industry Minister, Fernando Pimentel, believes that although their complaints about currency manipulation and other protectionist policies will not convince powerful countries to stop such policies, it will somehow allow them adopt other protectionist policies they’ve previously denounced including raising tariffs and implement changes in trade and commercial policies at supranational unelected bodies like the World Trade Organization.

A few years ago, when Brazil magically became the target of massive investment no one in this country complained about it, or about currency manipulation or protectionism of any kind. But after the country began to feel the effects of the current global depression, apologists started talk about the external reasons why the country’s economy was tanking. Although Brazil has overtaken the UK as the world’s 6th largest economy, internally the results of such achievement are nowhere to be seen here in Brazil. In fact, Brazilian companies as well as international corporations that operate here are not even close to embracing open markets and free trade — not even among themselves. Instead, they are envisioning future protectionist measures to save themselves from decision made by Europe and the United States. Brazil and Argentina are carrying out a trade war that limits the free flow of products and services. Companies are having to trade smaller amounts of goods in order to get paid smaller amounts of money so that the central banks do not hold payments due to the large volume of the transactions.

“Brazil has blamed the global liquidity glut for making its currency one of the world’s most overvalued. As local industries struggle, its economy grew only 2.7 percent in 2011, below its BRICS peers and down from a blistering 7.5 percent in 2010,” reports Reuters. Meanwhile, Brazilian officials do not recognize that it is their incapacity to govern which caused their industry’s growth to slow down. The country suffers with one of the largest schemes of corruption in the world which results in inefficient production, skyrocketing taxes,  and poor infrastructure which makes Brazil one of the most difficult and expensive places to do do business.

You may share our original content as long as you respect our copyright policy as shown on our website footer. Please don’t cut articles from The Real Agenda to redistribute by email or post to the web if you don’t follow our policies.

Luis Miranda is the founder and editor of The Real Agenda. For more of his stories, subscribe to our article feed. You can also follow him on Twitter and Facebook. Email article ideas and insights through the Contact page.

Filed under English, Latin America, North America, Politics, World Tagged with , , , , , , ,

Manipulated Markets Make a Come Back

August 10, 2011

Does it make sense that during the deepest depression since 1929, the U.S. Stock Market comes back up from a 6oo+ point decline? Only a manipulated system where speculators have complete control could recover from a rout that showed how little confidence investors have in the market today.

by Luis R. Miranda
The Real Agenda
August 9, 2011

While countries are in dire straits to make payments on mostly illegally acquired debts and the price of oil continues to fall; while little to nothing is produced or manufactured in the industrialized world and no ingenuity makes it big anywhere in the world; while the most important currencies continue to tumble and other financial markets turn more sour; while unemployment continues to grow from the low 20′s and more people make use of food stamps and unemployment benefits; while more jobs are exported to third world nations that support slave work for their populations and inflation is only tamed by artificial manipulation of the currencies; while numerous people look to gold and silver as their salvation, surprisingly the stock market came back from the pantheon and surged to recover from the slide seen just a few hours ago.

There is very little that can't be done when someone or something controls fiat currencies, rating agencies, and financial markets.

But not only did the stocks came back strong; they had the largest gains in more than two years. Along with this “come back” the U.S. dollar got weaker and the Swiss franc rose the most since 1971. Even the very same Standard & Poor Index managed to recover almost 5 percent, the most significant gains since 2009. In the meantime, the origin of the financial disaster, the privately owned banks headed by the Federal Reserve announced their intent to print more worthless money into the economy as a way to “boost” confidence. Even though QE1 and QE2 failed to provide any confidence, or for that matter failed to provide anything positive, the FED believes it is appropriate to bring up QE3. With this, the FED shows its interest to purchase more government bonds, which will consolidate its position as the largest holder of U.S. government debt.

“The Fed is clearly setting up a situation that could offer them the potential to do something significant, if necessary,” Bruce McCain, who helps oversee $22 billion as chief investment strategist at the private-banking unit of KeyCorp in Cleveland, said in a telephone interview. “That could be viewed as a positive,” added McCain. “People are starting to realize that what we’ve had in the market was an overreaction.” Really? Positive? How so?

Artificial Surge after the Decline

How can a stock market come back from a 600+ point decline in just a few hours if one considers that the cause of such loss -the downgrade of the U.S. debt rating- has not been dealt with? It simply boggles the mind, doesn’t it? The United States credit rating was lowered from AAA to AA+ by Standard & Poors, a rating agency that is paid by the banks to evaluate financial products and which is in part responsible for the current financial catastrophe. Together with Moody’s, S&P was created the by the banking system to carry out “independent” evaluations of financial products as well as credit confidence on institutions, state and local governments and of course whole nations.

According to Bloomberg, Stocks came back from a loss of $ 1 trillion after S&P downgraded the U.S. credit rating last Friday evening. The results of the downgrade were not felt until Monday, when the Markets opened all over the world. The S&P index sank about 11 percent and the stock market lost 648 points or more than 6 percent. But just 24 hours later, everything was different. “The MSCI All-Country World Index rose 2.1 percent for its biggest gain of the year”, says Bloomberg. “The index started the U.S. session valued at about 12.1 times profits, down from 21 in 1995..The MSCI Emerging Markets Index pared today’s drop to 2.2 percent after tumbling as much as 4.4 percent.”

Stocks Rally? What Rally?

In the Stock Market, the Dow Jones climbed almost 430 or 4 percent, failing to completely recover from the recent loss. The stocks experienced the 1oth more significant gain in its history. Can you believe it? In the middle of a Depression, the stocks rally the much?

Meanwhile, in the S&P, shares got to the front of the line due to the numerically significant gains. In total, they accumulated some 8.2 percent all together. This is the biggest rally since May 2009, which meant a complete recovery from Monday’s low. Bank of America Corp., which is now being sued by AIG for fraud, managed to gain 17 percent while other players like Hartford Financial Services got back 16 percent.

Of course the main stream media is giving all credit to the Federal Reserve, due to its announcement that it intends to “boost” the economy by injecting worthless cash into it. The FED’s head, Ben Bernanke and his aides came out to try to calm the demise a bit, although not everyone at the FED agreed with the move to bring along a new quantitative easing move. Three members from the policy committee dissented and instead called for maintaining interest rates low for a longer period of time.

As the docu-film “The Inside Job” impeccably exposes, there is very little that can’t be done when someone or something has the power to create money out of thin air, create rating agencies, control those agencies to give AAA ratings to whatever they choose and electronically manipulate the financial stock and bond markets whenever it’s convenient in order to perpetuate the fraudulent debt-based system the world has worked under since 1913.

False Policy Changes

The best way to perpetuate the above cited financial system is to have the available tool continuously reinforce the falsehood of the Central Bank sponsored plans. So, Moody’s has come out to praise the FED’s move to maintain the interest rates at a quarter of a percent in order to bolster the downturn. It’s a  ”major policy change,” said Augustine Faucher, director of macroeconomics at Moody’s. “By providing a more explicit time line for raising rates, the Fed is telling markets it is concerned about recent economic weakness and the potential for a near-term contraction, and is dedicated to spurring stronger economic growth,” Faucher added.

Just as this statement by Faucher is baseless, so is the belief that because the U.S. dollar is the world’s reserve currency, it can stand more beating than any other one. In fact, one of the reasons why the U.S. has not been downgraded further is that its currency is still consider valuable. Ironically, the dollar has lost 98 percent of its value since it became the subject of manipulation by the bankers. Moody’s has stated that the U.S. dollar can support larger levels of debt than other currencies. How do they figure that with a currency that is so devalued. They can’t figure it out. They just make it up.

The one world reserve currency scheme is only beneficial to those who control it, because the rest of the nations need to do business while devaluing their own. In sound economics, the value of paper money is based on a country’s production or manufacturing, therefore, the U.S. dollar can no longer be such reserve currency. U.S. manufacturing has eroded so badly, that it has cost the jobs of some 18 million people in the last few years.

If the U.S. dollar is still the world’s reserve currency, why are there other currencies that have better exchange rates than the dollar itself? I am no economic expert, but if the Swiss Frank rates higher than the dollar in currency exchange markets, shouldn’t the Frank be the reserve currency? Or even better, shouldn’t a commodity like gold be the reserve currency given its capacity to withstand recessions, depressions and financial market manipulations? It should. The reason why gold is not the reserve currency or at least the commodity over which a paper money currency is supported is that bankers cannot monopolize it, “hug” it or manipulate it.

High Market but Low Results: The World Economy in Shambles

While the banks try to extend the suffering period for the middle and low classes, countries in Europe are scrambling for a life boat to jump on. Although France and Germany are said to be negotiating an agreement to buy Spain’s and Italy’s debt in order to avoid a deeper economic collapse, some sources claim that the rescuers believe the Italian debt is too large to save. Both Nicolas Sarkozy and Angela Merkel began to hear opposition voices that are calling for a different position from the German and French governments. The reason for this is that an eventual bailout of Italy and Spain could cost the rescuers their AAA rating. This is seen as a possible trigger to drag the world’s economy further into the precipice.

Although U.S. markets artificially revived themselves on Tuesday, other countries were not as lucky. In Italy, the bond market saw a loss of 11 percent on its 10 year note. Just as the FED has done in the United States, the European Central Bank kept Italy and Spain afloat through the purchase of their bonds for a second day in a row. That was not enough to save the Spanish 10 year notes, as they collapsed eight basis points to 5.08 percent on Tuesday.

Meanwhile, oil prices hit some of the lowest levels for the year by getting down to $79.30 a barrel. Conversely, gold prices soared and added 4.1 percent to get to a record price of $1,782.50 an ounce.

Filed under World Tagged with , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Is Obama a Marxist or Socialist? None, he works for the Bankers

July 31, 2010 1 Comment

When it comes to who the president serves, Obama is no different from Bush, Clinton, Bush Sr., Carter or Reagan

Kurt Nimmo

Glenn Beck, the Fox News talking heads, and no shortage of Tea Party activists like to characterize Barry Obama as a Marxist. In an article gaining a lot of traction across the blogosphere, Wayne Allyn Root, who considers himself a Libertarian Republican, says Obama is purposely overwhelming the U.S. economy to create systemic failure in order to turn the U.S. into a socialist/Marxist state.

Obamacare, cap-and-trade, legalizing 12 million illegal aliens, increased taxation, and endless bailouts and stimulus boondoggles, Root argues, are schemes designed to overwhelm the system and pave the way for a Marxist takeover of America.

It cannot be denied these schemes will destroy America. It also cannot be denied they are intentional. However, it has nothing to do with Marxism.

Marx advocated a proletarian revolution. He said that in order to overcome the restraint of private property the working class must seize political power through a social revolution and expropriate the capitalist classes around the world and place the productive capacities of society into collective ownership. Marx said the ultimate goal is a a classless and stateless form of communism beneficial to the interests of the proletariat or the working class.

Is it possible the Federal Reserve and Goldman Sachs operatives in the Obama administration truly desire a communist revolution as Glenn Beck and Wayne Allyn Root insist?

During the 2008 election cycle, Goldman Sachs donated nearly a million bucks to Obama. Citigroup and JPMorgan Chase donated nearly $1.5 million to the Obama campaign while Morgan Stanley pitched in over a half million dollars. “When you break it out by individual companies, you find that employees of Goldman Sachs gave more to Obama than workers of any other employer. The Goldman Sachs geniuses are followed by employees of the University of California, UBS, JPMorgan Chase, Citigroup, National Amusements, Lehman Brothers, Harvard and Google. At many of these workplaces, Obama has a three- or four-to-one fund-raising advantage over McCain,” the New York Times wrote on July 1, 2008.

Is it possible all these folks are clueless about the supposed Marxist philosophy of Obama? Is it possible transnational corporations and international banks savvy enough to game the system for trillions of dollars support a communist system that would ultimately strip them of that wealth?

Goldman along with the Federal Reserve rule the Obama administration. William C. Dudley was the president of the Federal Reserve Bank of New York and a partner and managing director at Goldman. Gary Gensler, chairman of the Commodity Futures Trading Commission, spent 18 years at Goldman. Mark Patterson, chief of staff to Tim Geithner, is a former Goldman lobbyist. Philip Murphy, nominated for ambassador to Germany, is a former Goldman executive. Diana Farrell, deputy director of the National Economic Council, is a former Goldman employee. Emil Michael, White House fellow, used to be an investment banker at Goldman.

Obama functionaries are connected to the CFR and the Trilateral Commission, two organizations established to implement world government. Tim Geithner, Susan Rice, Pete Peterson, Gen. James Jones, Thomas Donilion, Paul Volker, Dennis Blair, Richard Haass, Dennis Ross, Richard Holbrooke and others have connections to the Trilateral Commission, the Federal Reserve, the CFR, and Bilderbergers.

“We can be quite sure that somewhere between 400 to 500 high-level members of the Obama administration will be members of the CFR. How can we say that? Because that’s about how many CFR members occupy the current Bush administration (beginning with Vice President Dick Cheney, an in-again, out-again member of the CFR board of directors). And about the same number occupied posts in the Clinton administration,” John F. McManus wrote in November of 2008 after Obama was selected to be the front man for the banksters.

Obama’s mischaracterized socialism is a control mechanism created by the bankers. It has nothing to do with liberating downtrodden workers. The Soviet system was financed by Wall Street, as Rep. Louis T. McFadden, chairman of the House Banking and Currency Committee throughout the 1920-30s, explained: “The course of Russian history has, indeed, been greatly affected by the operations of international bankers… The Soviet Government has been given United States Treasury funds by the Federal Reserve Board… acting through the Chase Bank.”

The late Antony Sutton’s exhaustive research demonstrates how Wall Street bankers supported and financed the Russian revolution, supported the Soviet Union financially, technologically and military both before and after the Second World War, and also supported Hitler and Nazi Germany financially and military both before and during the Second World War.

The monopoly men who exported jobs from America to slave labor gulags in China and are now in the process of looting the financial system are not dedicated Marxists. The late Gary Allen wrote:

If you wanted to control the nation’s manufacturing, commerce, finance, transportation and natural resources, you would need only to control the apex, the power pinnacle, of an all-powerful socialist government. Then you would have a monopoly and could squeeze out all your competitors. If you wanted a national monopoly, you must control a national socialist government. If you want… a worldwide monopoly, you must control a world socialist government. That is what the game is all about. “Communism” is not a movement of the downtrodden masses but is a movement created, manipulated and used by power-seeking billionaires in order to gain control over the world…. first by establishing socialist governments in the various nations and then consolidating them all through a “Great Merger,” into an all-powerful world, socialist super-state.

The Obama banker-CFR-Trilat-Bilderberg administration is the process of forging this “Great Merger” and is moving inexorably toward an all-powerful world, socialist super-state. Obama’s socialism will not emancipate the workers of America. It will further impoverish and enslave them.

As we approach the mid-term elections, the deceptive claim that Obama is a Marxist will pick up steam and will be exploited by the Tea Party movement as it attempts to get Republicans masquerading as patriots and constitutionalists elected to office.

Glenn Beck and Wayne Allyn Root need to reexamine and stop chanting the ludicrous Obama is a Marxist mantra and point out what Obama really is — a sock puppet reading a teleprompter for his employer: the control freaks at the international banks and multinational corporations.

Filed under World Tagged with , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

← Older posts

Related Links:

Togel178

Pedetogel

Sabatoto

Togel279

Togel158

Colok178

Novaslot88

Lain-Lain

Partner Links