dev carter <devcarter@[EMAIL PROTECTED]
> wrote:
(If you are going to post a thing in multiple groups, would you
crosspost it instead of posting a new article in each group,
thanks. That way a reply hits all groups by default, and once seen
it does not show up in the other groups again.)
>No New Left solution for Plutocracy's sub-prime loan crisis!
The sub-prime thing is not the cause of the crisis, that is just
the media smokescreen to keep the serfs looking the wrong way.
The problems are: enduring for profit finance laws have brought
the worst people to power. The industry has moved to cheap labor
countries, hollowing out the west industrial capacity, while
keeping labor happy with hand-outs. The dollar is used world wide,
particularly for oil, and the American Government wages wars and
stages coups to keep it that way. The widespread use of the dollar
means the USA experience a higher demand on their dollars then
the American industry would otherwise warrant.
These are 2 things that can collapse in on themselves, USA is like
a bubble. Another thing is the national debt of the USA government:
instead of taxing people, they lend from the rich. But next year
there is again a shortage of funds, and the loan, and the interest
must be payed: the amount to lend increases every year. That is
a pyramid scheme that collapses at some point where you can't find
more creditors (people who buy the debt certificates) to pay down
the debt + interest from previous debt. If at that time you have
more debt then tax-income you are bankrupt, which likely means
that if you are the Government you will start to print massive
amounts of cash, devaluing the currency. USA tax income is 2.4
trillion, debt was last time I checked 9.1 trillion. If the pyramid
collapses paying down the debt at current taxation income costs
about 3 years while Government operations come to a complete
halt. I've written a computer program where you can predict when
your Nation's debt pyramid scheme is going to become more and more
unstable: http://www.jhwh.be/~joshb/aksie/debt.c
What do we have then ?
- Massive government corruption, not only in the USA but also in all
the other nations. This is the result of money speculation: money
goes to abusive bosses where it is most profitable.
- Massive cor****ate corruption at the highest level, crazed psychopaths
running the show to crush worker income and conditions because they want
just a little bit bigger boat then their peer group.
- Media full of people who either know nothing or don't shy away from
lying and manipulations.
- The debt pyramid game which is popping and bursting open.
- The hollowed out industrial base in the west while the 3rd world
nations are rising and demanding the governance over their own
industries, thus breaking the flow of profit money to the west:
another structural bubble that is popping and bursting open.
- The USA sees its false dollar world economy collapse because of the
structural weakness of the dollar through above mentioned problems,
the stronger Euro currency to do oil trade in.
The mortgage crisis ? It doesn't even make the lits ! My personal
guess is that it is a second rate corruption scandal (Government debt
and hollowing out the industrial base would be 1st rate corruption).
Mortgage is IMHO just a little cute story for the masses, so that
after the dust settles the big corruptions can go on: the debt game,
the offshoring of work to find cheap serfs, etc. The core schemes
are being kept out of the wind of criticism.
I noted some indications that the mortgage crisis was fabricated.
My punishment of choice for the people who did these things, which are
the CFR, the "round-table" psychopathic demons, once convicted of
scheming against the People: forced labor. Let them fall in the
trap they set up for us. Let them work there to pay something back.
Don't touch the normal jews, they have suffered enough in the holocaust.
Unless they are in money speculation because they ought to know better:
money speculation is not allowed in the Torah. If they did it they have
committed treason to the Torah. You can ask if they have a Sjulchan
Aruch or Kitsoer Sjulchan Aruch. Ask them to bring it out, chapters
66 and 180 listing "prosbul" and "heter iska" should be indicated as
being lies, if they are not: rip out those pages. Don't send Jews with
those lies to Israel, it is against the Torah law for them to enter
Israel if they are in rebellion.
>---------------------------------------------------------------------
>The core value of the plutocratic state is to protect and expand the
>asset wealth of the plutocrat by ****fting the tax burden to the middle
>and lower classes.
>
>Wars for hegemony over resources (Iraq), and wars for ideological
>hegemony (Vietnam, Afghanistan, Palestine) are boons for the
>plutocrats who own the armaments and weapons system factories, since
>they have full funding for their military adventures from the general
>tax payer. Only the suckers- lower and middle classes die or are
>maimed for their benefit.
>
>The plutocrat's own children enjoy the luxury lifestyle, the ivy
>league or private school education far from the battleground, and the
>unlimited credit card to acquire whatever material luxuries they
>please.
>
>Now what happens when these robber barons get control of a democratic
>state? Well then they have a fire sale of essential infrastructure in
>public owner****p- utilities, telephone companies anything of value
>that can be brought into private owner****p and used as a vehicle to
>extort more assets from the middle and lower classes. Tax cuts make it
>more essential that more and more infrastructure be privatized.
>
>Decades ago the assets of the middle and lower classes where partially
>protected by the residual value of their currency - the silver content
>of their coinage. In 1966, an Australian could covert at the rate of
>$1.50 = 1 troy oz. of silver.
>
>When the plutocrats get control of a state, what happens to the
>residual value of a currency? It disappears into their pockets in tax
>cuts, to be replaced by a debased coinage system that uses relatively
>worthless nickel or similarly worthless alloy.
>
>If you start paying the sucker middle and lower classes in debased
>paper money what happens to asset prices? They go through the roof
>with dramatic inflationary increases. Only the plutocrats and the
>upper middle classes have sufficient wealth to afford to own real
>assets- real property and wealth producing cor****ations outright.
>
>The middle and lower classes trapped on the debt treadmill from which
>there is no escape are enslaved for life. What does their meager
>earnings now buy after the plutocrats have plundered state assets for
>decades, then financed a speculative real asset boom via tax cuts and
>debased the currency to boot - not much if anything at all!
>
>Today I need $22.80 AUD to buy 1 troy oz of silver - that's over 15
>times more.
>However, local real property prices are astronomic - that's over 85
>times their 1966 level.
>
>Plutocratic subversion of the state ensures that their wage slaves be
>paid a pittance- and all paper or plastic money.
That's your wages for allowing rent seeking on loans. You broke the dike,
and then the water came in. Surprised ? You shouldn't be.
We need a new money system, how, like so:
- Banks become an account service industry, money is left in accounts.
They can compete, but not make any loans with other people's money.
- A specialized mortgage and consumption credit industry could be
allowed, audited to make sure they do not invest in businesses.
- Investment in businesses must have a social motive, to fund the
businesses we the people want to get funding. This can also be a
privatized sector but the power of decisions where to place the
money should be in the hands of the would-be serfs if things were
to go wrong again (like a democratic credit-union). This can also
be partly nationalized and regulated, and for instance distributed
"every person has a right to N money per N years business upstart
credit at N percent."
>Australian average weekly earnings in late1966 dollars bought you 43
>oz of silver.
>Australian average weekly earnings in today's dollars buy you 38 oz of
>silver.
>
>That's roughly a 12% decline in the real value of average weekly
>earnings over the period 1966-to-2008.
>
>But the plutocrats are not happy with fleecing only 12% out of the
>pockets of the masses.
The plutocrats are also in a cut-throat competition with each other.
It is always the most ruthless of them that end up richest, and
therefore they never can be happy as a group with an amount of
exploitation, they *always* have to go to the absolute worst. Some
of them are, and they end up having all the power and "be the
plutocrats." That is the mechanism that rent seeking on money fosters,
because this mechanism does only exist in the money trade, it does
not exist (like that) in the productive trade economy. Normal
businesses have to deal with consumer and labor pressures, once a
product is produced for a price consumers want to pay a productive
business stabilizes in the markets and can go on forever. An investment
bank must always seek new and most profitable investments. If the
entire economy for instance were to find a great set of businesses
that go on forever and rarely if ever want a loan, the entire investment
banking sector would collapse. The investment banking sector can only
exist by the grace of sufficient chaos and bankrupcties, they actually
need sufficient amounts of bankrupties of businesses that are out of
all debt to survive, so that new businesses can get funding to pay back.
Corruption, wars, national collapse, it is all great news for the
investment banks: new businesses want new credit, and then want credit
to expand. It can be little wonder that the investment banks promote
war and national collapses IMHO.
I guess it is a surprise to some people what a complete chaos they
have fostered by breakind such an otherwise meakly appearing Torah
law: laws against for profit loans. They have practically destroyed
the world because of it, destroyed humanity, and they still don't know.
> Their GST (tax) takes back another 10% of
>expenditure on non-food items. Since the masses now spend virtually
>all their income paying the bills, the GST or similar VAT, is a
>massive tax ****ft by the plutocrats onto the shoulders of the middle
>and lower classes.
>
>The sub-prime loans crisis is nothing but a symptom of the plutocratic
>revolution of the Right- the progressive subversion of the democratic
>state over the decades since their debasement of the currency system
>and plundering of state assets whereby they converted the modest real
>asset savings of the poor and middle classes into unmanageable debt.
>
>The fix of course is to nationalize the assets that the plutocrats
>have stolen
I agree: nationalize the assets, if they are businesses then democratize
them. The democratized business then buys the assets back from the
Government on a long-running loan that follows remaining collateral
value. The private assets of everyone who has more then significantly
above average can then be nationalized as well, people are not allowed
to move what they have above your normal household items over the border
or destroy them - but say they are allowed to make normal use of them.
Then the Government checks on the items, starting with the most wealthy,
estimates its remaining value and offers the owner to buy it back. Note
that the rich at that point should have no bank accounts or businesses
anymore: if they want it back they have to pay for it out of future
labor. If they can't or won't attempt that, the items fall to the
Government. In some cases this will mean hauling away expensive cars
and jets, in other cases it means the rich will have to relocate while
the house is becomes owned by Government.
The same thing is done with the poorest: their wealth is increased
until it reaches about average wealth. They can be given this. It will
probably smart to give the poorest their wealth in stages, like you
would feed someone who has been starved only in small stages otherwise
it backfires.
The overall goal is to make all persons about equally wealthy, to
correct the money system, correct the resource owner****p system,
the company owner****p system, the state-democracy system, and then
let the system run its course: trade & law. Everyone back to starting
positions, which means average wealth, which has implications for the
poorest, poor and moderately poor, for the wealthy, rich and ultra
rich. Some cross-over effect will occur because the Government gets
to sit on a lot of luxury items that the rich can't afford anymore
because they can't buy it back for lack of labor skills or luck in
the labor market (note: no investment banks anymore, no business
dictator****ps anymore: no ready source of ultra-high income). On
the other hand the Government needs to generate wealth for the poor
to get them up to average wealth. Obviously a transfer of wealth
in some way. Maybe expensive sprawling palaces can be turned into
apartment buildings and many poor can get an average home there.
Maybe some of the cars will find buyers so that the money can be
given to bring the poor to starting positions.
> and restore the residual value of the currency preferably
It is probably better to just start a brand new currency. Things
are so bad, and accounts can be hidden so easily in the dark pits of
Switzerland and other such loot holes, you can't correct it anymore
I think. New currency while only trans****ting selected "normal"
money, or nothing at all (but start the system with a fresh hand-out
at starting positions), that should zap the loot in the loot holes.
Assets of people in foreign nations should be disowned from people:
either donated to the host nation, or possessed and sold by Government.
>via international and state protocols that curbs currency speculation
>and manipulation.
That too. Whole new simplified banking and investment sectors: pulling
it apart in 3 sectors, each of which will have an obvious and easy to
control role (1. retail accounts, 2. consumption/mortgage credit, 3.
business credit).
>Curbs via licensing on who can own residential class A housing- the
>detached house are essential, if one ever sought, as a matter of
>policy, to reverse population implosion in the West via declining
>female fertility rates. Western fertility rates plunged in the decade
>following currency debasement. In Australia from an above replacement
>level of 2.86 to below population replacement level by 1970 and have
>remained in a state of chronic decline around 1.7 or about half the
>level that existed in the early 1960's. Other countries show similar
>trends following currency debasement:
>
>http://www.aihw.gov.au/publications/phe/ihhac/ihhac-c03b.pdf
>
> Individuals without children do not need houses and a better placed
>in apartments. House prices would stabilize at an affordable level and
>young people could then afford to raise families. The reason one would
>do this is that there is a limit to the amount of land available for
>class A housing without urban sprawl degrading one's environment.
>There is no similar limit to apartment density. If you want to have a
>free speculative rental market it should be restricted to apartments
>or home units.
Once the system is a properly structured trade economy, without for
profit speculative finance, with resource-distribution, then people
should be able to afford a fair mortgage for a home they like. I
don't see a need for making housing permits for different classes of
housing: once money gets distributed based on effort and not power,
then most people would be able to afford about the same priced house.
Some a bit more, some a bit less, some want to pay more and sacrifice
more for a bigger home, others not, etc etc.
>You'll need nothing short of a revolution to undo the havoc that the
>plutocrats and the Right have perpetrated on the masses!
http://www.jhwh.be/fund/een
<- start with this
now
http://www.jhwh.be/party/nl/david-we
<- start with this
now
http://www.jhwh.be/~joshb/revolution.html#revolution.lite
<- Just in case
...
http://www.jhwh.be/~joshb/revolution.html
<- ... we need
it.
> However, easy
>access to abortion on demand has exterminated a generation of young
>Australians before birth as the plutocrats would rather poach skilled
>labor from foreign countries than pay for the cost of training their
>own countrymen - Australian children of the middle and lower classes.
>
>The New Left that would have evolved from the seeds of natural
>conception was largely exterminated by the axis of feminism and
>plutocracy. At an astounding conveyor belt abortion rate of 2000 per
>week - a staggering 4,368,000 victims since 1966 in Australia alone!
>
>How can you have a revolution when 300 divisions of young Australian
>have been wiped out - exterminated-in-womb as a matter of political
>policy favoring abortion-on-demand?
>
>Instead of a modest centrist, secularist political correction that
>would have been inevitable given a natural balance between young and
>old, we are left with a gerontocracy of privileged plutocrats and
>impoverished masses stuck in their antiquated theist delusions and
>without a future due to their own greed, short sightedness and innate
>stupidity.
>
>There is no light at the end this tunnel. After plutocracy's handiwork
>of recent decades- get set for more chaos similar to that which
>followed the Great Depression and its aftermath in fascism and World
>War II. The sub-prime crisis is the tip of an iceberg -a harbinger of
>inevitable disasters yet to follow for fools who think the universe
>belongs to them.
None of the big problems is necessary, everything can be solved
quite easily from the top down. But that would require that people
do something like I'm proposing, and understanding economics. If
that does not occur, then the problems that may result are by
choice and not by necessity.
http://www.jhwh.be/~joshb/aksie/newretailbanking.txt
http://www.jhwh.be/~joshb/aksie/virtual-reboot-sim.txt
http://www.jhwh.be/~joshb/soundinvestment.html
http://www.jhwh.be/~joshb/david-sim.html
http://www.jhwh.be/~joshb/sheet1.html
http://www.jhwh.be/~joshb/sheet2.html
It is not too late (even now), and it is not too little.
http://www.jhwh.be/law
Complete Constitution, ready to go. But
what do people do ? People are so intellectually lazy that even
if they see an idea they can't defeat, they will never even
realize that they can't defeat it because they don't try. Then
they don't try and don't know they can't defeat it, and then they
can pretend to themselves that it is irrelevant. You know what
people are ? They are idolaters, all of them, seeking a false
god to follow. Idolaters can not persist in the world, because
they don't think. Because they don't think they can not operate
the one thing that could save them: democracy. Waiting for some
expert to do the thinking for you: that is idolatry as well, that
foils democracy. People are like that, they wor****p their experts
as false idols whom they serve, empty shells that are pawns for
morally degraded capital for profit investment interests. I don't
want these idolaters, they are failures beyond repair, they can
not live under a democracy and we can not have a dictator****p
anymore. Logic then dictates: either the thinking people win and
the idolaters go extinct, or the entire world is destroyed and
all of humanity goes extinct. These are the two good choices,
the third is turning this world into a hell and putting it on
the list of to be destroyed later.
That's the truth: the world is full of idolaters who refuse to think.
They fail the simplest task of being human, and as such they would
probably be better of living inside an animal body in their next
re-incarnation. It is not a bad deal for them at all, most of them
might even feel liberated that way. That is the choice: be truly
human, or be truly an animal (I mean a cat, a dog, a rat or a fish,
actually being a fish or a worm or an insect, I suppose it can be
a beautiful life, nothing wrong with it at all.) We better choose
either to become a human species, or go extinct. Both are acceptable
choices.
Maybe extinction is a good choice just to let the people know
how serious their mistakes and failures are, how significant the
consequences are when you fail to take life serious enough and solve
its common problems. Maybe a new technical species emerges after
another 100 million years or sooner, it is definitely possible. Humanity
only took 7 million years to split away from the apes according to
science, that could happen again. Maybe then we'll manage to erect a
working economy that has justice before we self destruct.
--
_ _ /_\ _ _ http://www.jhwh.be
sign petition for Democratic
\ /v`vvv\ / Authorities Ventures Investments Demarcations
/_\_#_#_/_\ constitution today: http://www.jhwh.be/petition
\ / #146 http://www.xs4all.nl/~joshb/no-id-theft.html
|
