Posted By Director on March 4, 2010
Two posts on the causes of the financial crash have caught our attention.
Paul Cella writes on the shadow banking system and globalism at The New Atlantis. Cella lays the blame on “financial engineering” linked to overreliance on rationalism and statistical abstractions. This analysis gets to the level we want to probe, the fundamental error of modern rationalism leading to the global police state. “Technocratic despotism.”
“The industries of banking, investment banking, shadow banking, structured finance, mortgage finance, securitization, commercial paper, whole swaths of the simpler bond markets — they are now, in effect, socialized.”
Cella has another post at his website, What’s Wrong with the World.
We think Paul is on the right track, though lacking knowledge of the overall criminal conspiratorial network we expose. We’re satisfied if you just grasp that technocratic rationalism is leading to a very bad future, an unreformable global financial octopus that overwhelms political structures with its sophistication.
The power of the global financial network is based on a false idea, economic man. All economists subscribe to this abstract ideal of universal pursuit of self-interest whether by labor or capital or legalized usury. We won’t really be able to break the financial system and envision a good future for man until this way of thinking is broken and discredited. We’ll pursue that project in future posts.
Category: Global Economy |
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Tags: global financial system
Posted By Director on March 3, 2010
Kenneth Vogel reports on tea party faultlines developing behind the scenes and emerging at the recent CPAC conference.
Cliff Kincaid has commentary published at RightSideNews. (more…)
Category: Resistance |
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Tags: CPAC, tea party criticisms, tea party fringe elements
Posted By Director on March 2, 2010
Can the global financial network crash twice in three years? We don’t forecast a second crash, but you have to notice the crooks are still in power, and debt issuance has reached the point of concern. Bond markets aren’t going to allow cheap debt service any longer. The weaker economies are experiencing outmigration and capital flight. These developments are the set-up for economic death spiral. We expect many “back from the brink” stories in the days ahead, and continued denial of reality from world leaders committed to socialism and the New World Order.
Jim Rogers forecasts collapse of British pound “within weeks.”
Lefty global controller George Soros and hedge fund cabal poised to profit from decline of euro. Isn’t it interesting that the biggest globalist financial manipulators fund the Left? (more…)
Category: California politics, Global Economy, U.S. Economy |
4 Comments »
Tags: decline of British pound, Greece bailout, Iceland debt, world economy
Posted By Director on February 28, 2010
UN Millennial Development program targets fertility reduction in less-developed countries.
Targeting Ethiopia specifically and Africa generally.
“To solve poverty, global warming and any other global problem the elite and the elite’s managers at the UN along with their lower followers have decided decades ago that humanity is the enemy and the solution to all our problems is less humans.”
Ireland’s prime minister is on board with the UN agenda. (more…)
Category: Depopulation |
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Tags: euthenasia pill, Nembutal, UN fertility reduction program targets Africa, vampires
Posted By Director on February 25, 2010
Paul Ferrell:
“The future of our economy and indeed our nation demands another political revolution. We must take back our democracy and capitalism from a government run by Wall Street and its “Happy Conspiracy” … their toxic self-serving power hold must be broken and, if not, a rising new conspiracy of China, India, oil-sovereignties and asset-rich nations will replace our homegrown “Happy Conspiracy” as it eventually goes down in the flames of anarchy.”
Interesting words from Ferrell, but we doubt a political revolution is around the corner. The white male is too timid and poorly organized, and the feminists and minorities are expecting to continue to benefit from socialist takeover. If a revolution were to take place, tell us, please, what reforms would we need to put into place to make sure representative democracy actually represented, capitalism was controlled to serve the people, the Left could no longer run corrupt socialism, multinational corporations were broken up, and global treaties were repealed? That would be quite a revolution, wouldn’t it? Not going to happen. (more…)
Category: Global Communism, Global Economy, Obama Administration, Resistance |
3 Comments »
Tags: Democratic health care takeover, Era of Constant Crisis, fate, Goldman Sachs, Greece debt crisis, Latvia debt crisis, Pakistan bankruptcy, PIIGS, PPI's, President Obama
Posted By Director on February 23, 2010
As we wrote in How to save Greece, European leadership is split and paralyzed over whether to bail out Greece as the value of its sovereign debt declines. The revelation that Goldman Sachs helped Greece to hide the extent of its debt obligations by writing PPI’s opens another layer of scandal that promises to reveal a web of banker/government agreements tied to privatization of public assets. (more…)
Category: European Union, Global Economy |
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Tags: Australia debt, Goldman Sachs, Greece bailout, Greece soveriegn debt, Latvia debt, Pakistan bankruptcy, PPI's, web of European debt relations
Posted By Director on February 21, 2010
Matt Taibbi offers a schematic of how the big Wall Street bankers scammed the system, and continue to do so. Learn these scams and apply them to your personal self-defense as well. (more…)
Category: TARP bailout, U.S. Economy |
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Tags: Matt Taibbi, PPIP, TARP bailout, Wall Street scams
