Home
Refresh   Tag(s): ; ; ;
Add to My Group
May 30, 2008 at 10:21:19

View Ratings | Rate It

The Final Monetization

submit to twitter
submit to reddit
submit to digg

Tell A Friend

By sharon kayser (about the author)     Page 3 of 3 page(s)

opednews.com     Permalink

The words 'conspiracy theories' no longer are regarded as a terminology for wackos, even the Middlebury College (video), and the Carnegie Endowment For Peace are welcoming D. Rothkopf's lectures about the world power structure. It goes without saying that having a superclass member among one's pals, can be extremely beneficial. So it shouldn't come as a surprise to read in the London Times (as of April 27) that the richest 1,000 people in Britain saw their wealth quadruple under the 11 years of Labour's regulation. It is useful to mention that the Labour is left-leaning party. Incredible, isn't it?


If on one hand most political agendas inherently bank on a fear factor, on the other hand, and oddly enough, 'The sky is falling' does not sell well among consumers and the politicians alike. The first because they are confident in the powers-that-be (TPTB); and the latter because they cannot acknowledge the facts without running the risk to see their lies exposed, so they are systematically prepared to obfuscate data. While social upheavals are scary to foresee for the majority, the experimented readers today have become survivalists. They know that times are about to change radically - and forever. To put this in perspective, several weeks ago, a relative even called me a 'parrot' for agreeing with such dire predictions. I shook my head in disbelief and wondered if the all the gloom and doom in the Universe was not rather the result of denial rather than fear. That something very bad is going to happen to the world economy is shared by so many mainstream pundits -- but even the 'Superclass mogul Soros' (who warned that a 'systemic failure' may be upon us) is being shrugged at.

Take the global food crisis for example and whose ramifications are so diverse that the root causes are never truly considered. While 'The Last Bite' is an interesting read, it doesn't link the impact of debts which is highly inflationary and thus skews production/demand alike in a way that is difficult to diagnose. That is called the 'wonders' of Keynesian economics. In my editorial 'Hey Buddy, Can You Spare $ 1,000tn', I mentioned the current global leverage is more than 4 times the world's GDP. Talk of banking interests running wild and eating ALL profits. Now let's throw into the mix the 'buy low, sell high' mantra and we have the recipe for Armageddon-like food shortages. Ellen Brown wrote an excellent piece which will help grasp how and why speculating on food is in fact betting on hunger! Another unintended consequence is that it could backlash severely under the pressure of protectionist measures that would only make the matters worse. The 'velocity of monetary interactions' makes it impossible for the big bureaucracies to adjust... So was globalization a Decree Mass Death by Starvation all about?

The Money Cartel Inflicts Absolute Misery

One of the greatest ironies is the governor of the Bank of England criticizing the remuneration and bonuses offered by London-based financial institutions. This statement could fit any world Financial Mecca. But playing casino with whatever we value the dearest for the sake of unlimited enrichment creates awful wealth gaps turning humanitarian organizations into 'useless and corrupted enterprises'. To make a point, let's consider the following stories of Chinese children sold "like cabbages " into slavery ... and the race for biofuels killing wildlife - Hey Al Gore, Greenpeace and U.N, where art thou?

And they are still at it. More recently, Goldman forecast crude-oil price to spike up to $141, and JPMorgan bets on $200. Yep folks, they are blowing an oil bubble. The Money Cartel (bourses, ethanol and oil and gas companies) wants you to think that that we are running out of oil. Now if you are pro-peak oil, what do you think of this: OTC says that $100TN is needed to rebuild energy. So not only our lives were in the hands of 'smart guys' who obviously failed to adapt very badly and who now want us to pay for their missteps that are going to squeeze our wallets until the last drop? There is no other definition for this than 'modern serfdom'.

At the best that the peak-oil exists or not is irrelevant because the Solar Revolution and the end of 'Big Energy' are right around the corner. The Money Cartel is dying but going to take us down with it. History could repeat itself again and engineer and new Feudal Superclass if events and their causes are not interpreted properly. Sure, after having read this column some still may think that the world will never change and that rich people are in fact much happier than poor people... but how happy could one be in a world where only 10% of the population depend on economic slavery?

Global financial markets have become 'a monster' that 'must be put back in its place', the German president has said, comparing bankers with alchemists who were responsible for 'massive destruction of assets'.... 'he complexity of financial products and the possibility to carry out huge leveraged trades with little [of their] own capital have allowed the monster to grow also responsible [is] the grotesquely high compensation of individual finance managers'... (FTimes.com: 05/15)

The problem, you see, is that the top 10% represent those people and their closest cheerleaders. How would the crowd react when hearing that the farm subsidies given to Paris Hilton and her family contribute to the deep impoverishment of developing countries? .. so what do we do now?

As it stands, there are four vital arguments against government that have to be dealt with if we really want a better world. Maybe at some point when people will have understood that power and money are tricks to keep masses enslaved, that Mother Nature has made sure to set a ceiling to power and wealth, all of which makes it impossible to take over unethically, maybe... the abolition of money as a concept will appear as the only viable solution. Until then, we'll have to endure the 'Final Monetization' and abandon Mankind to its own destiny.

Next Page  1  |  2  |  3

 

Libertarian Screenwriter, philosopher, owner of un-debt.net in support of The Gold Action Anti-Trust Committee (gata.org) and a hard currencies advocate. Has been involved in the promotion of the documentary by Danny Schechter "in Debt We Trust" (more...)
 

The views expressed in this article are the sole responsibility of the author
and do not necessarily reflect those of this website or its editors.

Contact Author Contact Editor View Authors' Articles

 

Share this page: (what's this?)                   Tell a Friend: Tell A Friend

FACEBOOK      DIGG THIS      Add This Page to Mr Wong!           NEWSVINE      DEl.ICIO.US      Looksmart Furl      NETSCAPE      My Web      Tag!RawSugar      Blink List     (More...)

Comments: Expand   Shrink   Hide  
2 comments
To view all comments:
Expand Comments
 

America has repealled the First Law of Hole by TomK on Friday, May 30, 2008 at 11:06:47 AM
Thanks for sharing by sharon kayser on Saturday, May 31, 2008 at 9:50:22 AM

 
Want to post your own comment on this Article? Post Comment


 

 

 

Tell a Friend: Tell A Friend

Copyright © 2002-2009, OpEdNews

Powered by Populum