Corporate Fascism: Global Strategy Exposed

The US empire exposed again. How do you colonise the world? Use the world bank and IMF to dictate to target countries. How do you enforce these dictations? Multi billion dollar military bases located in 'friendly' nations right next to the target ones. Makes you wonder why there's 30, 000 marines in Haiti..

Here's a great video exposing US corporate fascism and IMF colonisation in the Horn of Africa:



See more here.

Europe and Spanish Flu

We Europeans have been slaughtering each other ever since the genocidal removal of neanderthals by we homosapiens. Isn't it strange that we call people we think are uncivilised 'neanderthal'? I mean we wiped them out. Homosapien history stems then from that original genocide - our real original sin, our template.

And then came the bomb. Nuclear weapons meant that Europeans realised the game was up. We simply couldn't risk war, nomatter how profitable it is, as the elite themselves would be wiped out.

And so we have the European Union and the Euro. Align Europe so that the people don't turn to desperate despots and if we're all in the same boat then there's no culture of envy.

In more recent times we have begun to believe that as the US nosedives into moral, political and economic collapse, with the hands of the corporate elite firmly round the throats of the people and their former constitution, that Europe would emerge as a genuinely democratic superpower inhibiting the corporate takeover of the world through the US's control of the IMF, World Bank, WTO etc.

Now, with countries collapsing all over the place the IMF can step in and offer loans whilst demanding that the country sell its assets off to global companies - mostly US but UK and some other of the usual suspects. And these countries are so desperate that they must be sold at fire-sale prices. And you wonder if the 'crisis' was engineered or not..?

Now it seems the European dream is crumbling:

Funds flee Greece as Germany warns of "fatal" eurozone crisis

screams The Telegraph. And The Guardian:

No EU bailout for Greece as PM promises to 'put house in order'

Daniel Roubini is a 'Nobel' (that's not the real 'nobel' prize - it gets to pass off) economist and is a favourite of the establishment said this week:

As the world remains fixated on the financial problems of Greece, Nouriel Roubini warns that Spain is actually a far larger and deadly financial time bomb.

Now, as the US goes down the tubes there's a certain satisfaction in Washington and beyond that Europe may well go down with it. The Euro is starting to become a rival reserve currency. If Greece is kicked out of the Euro the speculators will turn on Spain - capital will flee. They say that Greece was hiding its problems - the fact is that everyone is.

Spain may well bring down the Euro. 5% of all Spanish mortgage holders are now not paying their mortgage. How does this work? Well, if the banks throw people out their houses they have to put those houses on the market and the prices will nosedive. Their asset base will then be shown up to be dangerous and illegally so - insolvent in short. So, mortgage holders are now not paying and who can blame them after the banks have been stuffed with their tax money. This figure will grow until the banks offload their properties and at that point house prices will collapse - there's been no correction like in the US so who knows - maybe prices have anything from a 40% to a 80% price correction to come.

Construction accounted for 40% of all government revenues before El Crisis began. That's gone. 40% youth unemployment and 20% on average are scraping a living. Savings are running out and things are getting desperate. The IMF are predicting contraction but the Spanish finance minister Elena Salgado is pumping out the government line that the IMF is wrong and that Spain is heading for 'recovery'. It's so abused as a word that when a politician mentions the word 'recovery' I imagine them smoking 'green-shoots'.

There's a million empty houses in Spain which is a 7 year supply. In the US there was a housing crisis because they had an 11 month supply..

President Zapatero cuts a rediculous figure lecturing the EU on competativeness. An ex-finance minister developed a twitch in his eye, such was the stress of holding the party line. To make Madrid look busy he has forced councils into highly visible public works. All along the La Castallana statues are being moved, roundabouts 'fixed' and to keep the construction companies afloat he has Plan E; Residents have the delight of having the same piece of road being dug up several times. One engineer I know asked some workmen why they were digging a hole and the answer was they didn't know and that their instructions were to fill it in after they dug it. Meanwhile buildings that were under construction just two years ago remain unfinished, cranes stand quiet and all that cheap South American labour which recently deprived many Spanish tradesmen of well paid work are nowhere to be seen - many are back home..

The good news for Spain is that the Germans have the money printer and not Zapatero. That won't stop him from selling off chunks of Spain to the Chinese and borrowing money. He loves throwing money around - it's his trademark. And that's why the EU was such a good idea. Countries couldn't get out of control and be exploited.

Now though the Euro in Spain is worth about 90 centimos and in Germany 115. The Euro block is diverging and cuts in public services will be political suicide. So, many are now talking about the return to the peseta. For large sums of money the Spanish still think in pesetas and many think they were ripped off when they converted. The Spanish though like being part of Europe. Under Franco the outside world was a long way away. Briefly, they felt economic power and only a couple of years ago they built some skyscrapers in the financial district which, immediately after being built, stand as a monument to the illusion created by debt driven economics - Torre Espacio (below), where I work.














Those aren't giants they're windmills (Cervantes). Unfortunately, they're not windmills - windmills are productive. No, these giants are testamony to the age just past: aggressive capitalism. In Torre Espacio the 'chapel' is on the 33rd floor and from god's vantage point in the Torre you can look down on a wonderful city but a city where begging and pick-pocketing is proliferating, where you can't take a metro ride without buskers competing for your small change and where there are queues at the social security office from 5am in the morning. When you take the train to the outskirsts you see slums filled with gypsies, Easter Europeans and 'sudakas' - the equivalent of 'nigger' for South Americans.

One businessman patted me on the back when Iberdrola took over Scottish Power. "Spain is becoming a powerful force in the world again" he gloated. Every morning I arrive at the Torre and am reminded of the power of illusion. Like Ireland the Spanish bought the capitalist dream.

There was a wizard behind the curtain. The masters of the universe - the global bankers sold them their dream and now having enriched themselves have left an uncertain country behind. It's now starting to sink in that the empire is not coming back and Spain is in deep trouble.

It may not just mean the end of the Spanish dream though, it may well mean the end of a European vision that kept us all from annihilating each other. Is the Spanish flu back?

Joder!

Obama the Messiah: He Can Turn Garbage Into Money!

It's kinda sweet that your still read so much faff about Obama being the man for this or that. He has done nothing except accelerate all the problem from the previous administration. He is bought and sold with bankers' gold and the sooner the morning capuccino wafts up your nostrils the better. Ive heard it all: People telling me that they 'just know' he's a good guy and that he's super intelligent (remember Wendy Alexander?) but none of his flock seem to know anything about what he's actually done in real life.

You think they fixed the system with all that taxpayers money and stimulus? They didn't; things are now worse. And just so that you can hold your own with the Obamanoids out there who believe every headline in the corporate media, here's a great vid. An interview with an ex-managing director of Goldman Sachs. It tells you how the system is worse, how taxpayers are still getting ripped off and how for all his bark there's nothing approaching a bite from Black Jesus, sorry Obama.

Interview is with Max Keiser on Russia Today and starts at 13.00

Yeh Gordon, The Recession is Over, right.

We know in Scotland that there is no greater fan of PM Brown than Das Herald Sturmer. It is no surprise then for me to read this headline this morning:

Britain’s worst recession at an end, say economists

Speculation is that an election will be called shortly. It doesn't tell you which economists exactly and sort of infers that all economists agree which is bull.

The evidence?

A 0.1% expansion in the economy between October and December ended six straight quarters of shrinking output, according to first estimates from the Office for National Statistics (ONS).

Wooohooo. It is a rise though just like the chancellor said. What a fairytale for the government just before the election, indeed.

What the headline doesn't tell you about is all the changes to the accounting that's taken place. Things called 'adjustments' and other costs left off the balance sheet. Nor does it mention the hundrends of billions of taxpayers money that are being used to pump the economy up artificially. Nor does it mention that public and private debt in Britain has reached 449% of GDP. That's in the same territory as Iceland before that country's economy collapsed in a heap. Meanwhile corporate tax and income tax revenue has fallen off a cliff.

No, don't buy the bull. After the election is over the cuts will come and the taxes will sky-rocket. When interest rates finally go up you can expect to see something approaching half of the budget being spend on interest payments meaning public services will be decimated. Did you wonder why they are giving police balloons in the air to spy on the population? They're terrified of civil unrest.

You won't get to hear all that before the election though. How many green-shoots have we had? Believe me, this is just another false dawn. Lies being concocted to create a re-election platform.

These people are destroying the economy and bombarding you with propaganda. Britain is bankrupt and none of the dodgy accounting and money printing is going to fix that. In fact, it's going to make things worse. How many times have people been sold 'jam tomorrow'?

If you believe governments and banks you'll lose everything. Think for yourselves. Look around and ask yourself: are more of my friends finding jobs or losing them? Don't leave your future in the hands of demagogues and warmongerers!

Scotland and Fake Recovery

So, what is the reality facing Scots trying to feed families and keep their jobs?

There are very few sources for finding out what's really going on in the British economy. As international investors will tell you though, what happens to the US happens to Britain. And it will probably happen first because Britain doesn't have the delaying cusion of having the world reserve currency.

While many on the blogosphere will tell you not to talk about independence Scots really should be allowed to think about whatever they want. And right now, as Britain teeters on the brink of economic disintegration Scots really should be allowed to think about staying in bankrupt Britain or getting out asap! Obama or Brown or whoever can't do much about it and it was them and some others who got us into it. So, take internet blogs about messiahs with a pinch of salt.

So, what is the truth about the economy of our US cousins? The truth that the mainstream media and the hope peddlars who want to relieve you of your wealth, don't want you to know?

The following article spells it out well:

Economic Black Hole: 20 Reasons Why The U.S. Economy Is Dying And Is Simply Not Going To Recover

Here's a taster:

#1) Do you remember that massive wave of subprime mortgages that defaulted in 2007 and 2008 and caused the biggest financial crisis since the Great Depression? Well, the "second wave" of mortgage defaults in on the way and there is simply no way that we are going to be able to avoid it. A huge mountain of mortgages is going to reset starting in 2010, and once those mortgage payments go up there are once again going to be millons of people who simply cannot pay their mortgages. The chart below reveals just how bad the second wave of adjustable rate mortgages is likely to be over the next several years....

Scotland: Last Person To Leave Turn The Lights Out.

Britain's public and private debt is now 449% of GDP according to McKinsey. Yes, Britain is now approaching the same level of debt to GDP that little Iceland found itself in.

Remember our propagandist in chief at the ministry of information, sorry the Scottish Office scoffing about the Arc of Insolvency? Ah, Jim Murphy - how history will judge him. His mighty British state at the same economic level as Iceland - the worst case scenario in his 'Arc'. So, not only was it a diplomatic embarassment for Scotland but he laid a little trap for himself and the scoffing herds of Neu Leiber shills lined up behind him.

Very soon interest on this debt will become the majority of the current budget meaning more expensive than education and Labour's wars together. At these levels speculation on a run on the pound begins to circulate and it is. Under Brown and King we could well see interest payments becoming more than GDP and then the game is up and the pound will be history.

It's all waiting for you on the other side of the election. When the scoffing Murphy and his warmongering party are out of power. Then, they'll try to tell you all it was the Tories fault.

If we don't talk independence now the last person to leave Scotland should turn the lights out behind them.

anti-SNP propaganda CBI style

It's quite a sight when Scotland's anti-Independence propagandists get together.

Another article twisted into an anti-SNP attack by Eddie Barns in Das Schottishman today quotes their favourite anti-SNP businessman, as often they do. What a cosey little gathering they make..

Headline is:

UK may leave Scotland mired in recession as jobs toll grows

Now, the article is about making Scots believe that their economy is more vulnerable than the English economy and that somehow that is something to do with the SNP.

Let me tell these so-called economic commetators and 'business leaders' something. The economy of Britain is getting worse. The only reason that there are growth figures is because of the all taxpayers money going into the economy in the form of 'stimulus' and money printing. Clearly the 'stimulus' is being dispersed disproportionatly higher in England than in Scotland. Now, giving out 'stimulus' money means taking it away from the productive economy and that causes productive companies, like you have in Scotland, to fail.

So by diluting the economy with money you kill the real economy to prop up a false one. The false one will die as soon as the taxpayers stop propping it up. Not until after the election you understand but there really won't be any money left to prop up London.

So, how do they twist this into an anti-SNP story?

But business groups have criticised Mr Swinney for not doing more, both to cut the government's own costs and to spend more on projects such as the Glasgow Airport Rail Link.

Excuse me but the SNP have cut the size of government and civil service departments massively and created savings that Westminster wouldn't be bothered to do anyway.

Then 'business leaders' meaning Das Schottishman's pet pro-union propagandists in the business sector or in short CBI Scotland director Iain McMillan is wheeled out for his latest wheeze:

The competitiveness of and prospects for Scots firms are greatly strengthened when government keeps a tight lid on those costs under its control that affect business,

The principle hike in government spending is on private sector goods in the government sector. How many of those contracts would Iain like to see withdrawn?

However his best is saved for last and what a mouthful it is:

..and when important GDP-enhancing investments in much-needed infrastructure and support for enterprise are protected.

Which is yet another unionist co-ordinated swipe at the Glasgow Airport Rail Link. The unionist establishment obviously think the SNP are vulnerable on this one.

For a start because of London-led monetary policies the value of the pound has shrunk hugely and so infrastructure is more expensive to pay for. Also, because of the London-led depression there are a lot less business trips taking place and a lot less people going to work or even spending money on leisure trips. Pressure on the transport system has receded. It follows that there is no urgency for this link.

Now some people think that during a recession that is the best time to build infrastructure. Such was the theory of Maynard Keynes. However Keynes' philosophy strongly emphasised that when you are in the good times of the economic cycle you save so that you can spend in the bad times. The problem with that is that Britain went into depression because it had a mountain of debt before the global recession - thanks to Gordon Brown. The reason why people are losing jobs is because debt is seizing up credit to business and consumers.

The answer therefore is to cut spending to the bone. However that is a tough proposition for an unpopular prime minister facing a general election so his answer is to print money and that is destroying the real economy although creating the illusion of 'recovery' in the short-term. By borrowing and printing money Brown is increasing the debt load and preventing the economy from correcting itself. And the banks love it because they sell debt and want as many governments, local governments, businesses and citizens as possible to be beholden to them.

You'd think that Iain MacMillan would have an opinion on such matters. I don't think he is the idiot on economics that he sounds like, so the only reason he could be punting this line is because he's controlled by bankers and his politics and circles are anti-SNP. That can be the only excuse for such contortions of the basic logic of economics. Indeed, he was so anti-Independence that his own members had to reel him in on a pre-election vitriolic outburst.

Scotland should beware such propagandists. They will sacrifice the productive economy to benefit the interests of the elite. It is not about having a productive economy, it is about controlling and enslaving the population with debt and corporate influence. That is where the Iain MacMillans of this world will lead you. If you value democracy, keep a watchful eye on such characters!