Talk About Network

Google


Register and Login
Nick
Password
Register create new account Sign up is FREE and you can post replies, new topics, bookmark posts and more!
Recover lost password


Government > Communism > Re: No New Left...
Latest [ Topics | Posts ] Archive Post A New Topic Post a Reply
<< Topic < Post Post 3 of 4 Topic 3374 of 3765
Post > Topic >>

Re: No New Left solution for Plutocracy's sub-prime loan crisis!

by phil scott <phil@[EMAIL PROTECTED] > Mar 19, 2008 at 12:19 PM

On Mar 19, 2:48=A0am, "J.H.Boersema" <jo...@[EMAIL PROTECTED]
> wrote:
> dev carter <devcar...@[EMAIL PROTECTED]
> wrote:
>
> (If you are going to post a thing in multiple groups, would you
> =A0crosspost it instead of posting a new article in each group,
> =A0thanks. That way a reply hits all groups by default, and once seen
> =A0it 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
> =A0 the other nations. This is the result of money speculation: money
> =A0 goes to abusive bosses where it is most profitable.
> - Massive cor****ate corruption at the highest level, crazed psychopaths
> =A0 running the show to crush worker income and conditions because they
wa=
nt
> =A0 just a little bit bigger boat then their peer group.
> - Media full of people who either know nothing or don't shy away from
> =A0 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
> =A0 nations are rising and demanding the governance over their own
> =A0 industries, thus breaking the flow of profit money to the west:
> =A0 another structural bubble that is popping and bursting open.
> - The USA sees its false dollar world economy collapse because of the
> =A0 structural weakness of the dollar through above mentioned problems,
> =A0 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 m*****, 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. =A0You 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 cl*****.
>
> >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 cl***** 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 cl*****. Tax cuts make it
> >more essential that more and more infrastructure be privatized.
>
> >Decades ago the assets of the middle and lower cl***** 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 =3D 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 cl***** in debased
> >paper money what happens to asset prices? =A0They go through the roof
> >with dramatic inflationary increases. Only the plutocrats and the
> >upper middle cl***** have sufficient wealth to afford to own real
> >assets- real property and wealth producing cor****ations outright.
>
> >The middle and lower cl***** 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 - =A0not 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.
> =A0 They can compete, but not make any loans with other people's money.
> - A specialized mortgage and consumption credit industry could be
> =A0 allowed, audited to make sure they do not invest in businesses.
> - Investment in businesses must have a social motive, to fund the
> =A0 businesses we the people want to get funding. This can also be a
> =A0 privatized sector but the power of decisions where to place the
> =A0 money should be in the hands of the would-be serfs if things were
> =A0 to go wrong again (like a democratic credit-union). This can also
> =A0 be partly nationalized and regulated, and for instance distributed
> =A0 "every person has a right to N money per N years business upstart
> =A0 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. =A0
>
> >But the plutocrats are not happy with fleecing only 12% out of the
> >pockets of the m*****.
>
> 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.
>
> > =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 Their GST (tax) takes back
a=
nother 10% of
> >expenditure on non-food items. Since the m***** 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 cl*****.
>
> >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 cl***** 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. =A0Some 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.
>
> > =A0 =A0 =A0 =A0 =A0 =A0and restore the residual value of the currency
pr=
eferably
>
> 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. =A0
>
> 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, =A0as 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 cl***** 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 m*****!
>
> http://www.jhwh.be/fund/een=A0
=A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0
=A0=
 =A0<- start with this nowhttp://www.jhwh.be/party/nl/david-we=A0
=A0 =A0
=
=A0 =A0 =A0 =A0 =A0 <- start with this
nowhttp://www.jhwh.be/~joshb/revoluti=
on.html#revolution.lite<- Just in case
...http://www.jhwh.be/~joshb/revoluti=
on.html=A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 <- ... we need it.
>
>
>
>
>
> > =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0
=A0 =
=A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 =A0 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 cl*****.
>
> >The New Left that would have evolved from the seeds of natural
> >conception was largely exterminated by the axis of feminism and
> >plutocracy. =A0At 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 m***** 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.txthttp://www.jhwh.be/~jo=
shb/aksie/virtual-reboot-sim.txthttp://www.jhwh.be/~joshb/soundinvestment.ht=
mlhttp://www.jhwh.be/~joshb/david-sim.html
>
>
http://www.jhwh.be/~joshb/sheet1.htmlhttp://www.jhwh.be/~joshb/sheet2.html=

>
> It is not too late (even now), and it is not too
little.http://www.jhwh.be=
/lawComplete 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=A0sign
petition for Democratic
> \ /v`vvv\ / =A0 =A0Authorities Ventures Investments Demarcations
> /_\_#_#_/_\ =A0constitution today:http://www.jhwh.be/petition
> =A0 =A0 \ / =A0 =A0#146http://www.xs4all.nl/~joshb/no-id-theft.html-
Hide =
quoted text -
>
> - Show quoted text -- Hide quoted text -
>
> - Show quoted text -- Hide quoted text -
>
> - Show quoted text -




while I think your analysis is on the money, I dont see any of the
solutions you mention ever happening. and it may be that you do not
either.... the vested interests are not going to change the game to
their financial ruin.

so these will win financially as they decimate their own
humanity....now thats what you call *really winning the Darwin Awards.


Those winners then pass into a diseased oblivion, and normal humans
get a spate of relief between them.... these are the salt of the
earth.


its own reward, sufficent too, if a person is not diseased with greed.


Phil Scott
 




 4 Posts in Topic:
Re: No New Left solution for Plutocracy's sub-prime loan crisis!
"J.H.Boersema"   2008-03-19 09:48:40 
Re: No New Left solution for Plutocracy's sub-prime loan crisis!
phil scott <phil@[EMAI  2008-03-19 11:42:30 
Re: No New Left solution for Plutocracy's sub-prime loan crisis!
phil scott <phil@[EMAI  2008-03-19 12:19:54 
Re: No New Left solution for Plutocracy's sub-prime loan crisis!
"J.H.Boersema"   2008-03-20 08:54:35 

Post A Reply:
  Go here to Signup

AddThis Feed Button


About - Advertising - Contact - Frequently Asked Questions - Privacy Policy - Terms of Use - Signup

Contact
tan12V112 Thu Nov 20 22:22:32 CST 2008.