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| The Big Picture | Rating: 
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| Posted: Wed Dec 8th, 2010 11:21 am |
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501st Post |
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Joe Kelley Administrator
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http://www.informationclearinghouse.info/article27019.htm
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| Posted: Wed Dec 8th, 2010 11:22 am |
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502nd Post |
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Joe Kelley Administrator
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http://www.informationclearinghouse.info/article27017.htmWikiLeaks is not the only publisher of the US embassy cables. Other media outlets, including Britain's The Guardian, The New York Times, El Pais in Spain and Der Spiegel in Germany have published the same redacted cables.can to help a US investigation clearly directed at framing Australian citizens and shipping them to the US.
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| Posted: Wed Dec 8th, 2010 11:23 am |
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503rd Post |
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Joe Kelley Administrator
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http://www.lewrockwell.com/north/north918.html
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| Posted: Sat Dec 11th, 2010 02:56 pm |
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504th Post |
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Joe Kelley Administrator
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http://www.lewrockwell.com/orig11/assange2.1.1.html
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| Posted: Wed Dec 15th, 2010 10:34 am |
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505th Post |
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Joe Kelley Administrator
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http://www.lewrockwell.com/orig11/black-s10.1.html Pretty neat
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| Posted: Thu Dec 23rd, 2010 09:43 am |
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506th Post |
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Joe Kelley Administrator
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The War you don't see
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| Posted: Sat Dec 25th, 2010 12:06 pm |
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507th Post |
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Joe Kelley Administrator
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GrotesqueYet he's been so mislead, and he reads a lot of history; very intelligent. Do tell.
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| Posted: Thu Jan 13th, 2011 07:46 am |
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508th Post |
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Joe Kelley Administrator
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Earth Magnet Pole Shift
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| Posted: Fri Jan 21st, 2011 12:46 pm |
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509th Post |
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Joe Kelley Administrator
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China dollar
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| Posted: Sat Jan 22nd, 2011 11:33 am |
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510th Post |
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Joe Kelley Administrator
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China Anyone (is there anyone out there?), I began looking into China back in 1995, or so, because Mass Media wasn't reporting on China, and that, to me, was a huge absence of vital data. Even then the few reports available indicated a shift of power as China began financing U.S.A. (Inc. LLC) military aggression with debt purchases. People can view U.S.A. Inc. LLC military aggression any way their black hearts desire, or need, as an apology for such crimes, but I don't do that, so my writing isn't filtered by that need for ego boosting or for moral conscience neutralization. It is a fact that the people running U.S.A. are people who plan on and then execute aggressive wars for profit, the very thing that Nazi government people were tried, convicted, and put to death for committing. That is the truth. If you see it as an awful truth, then that is how you see that truth. That truth remains true no matter how you see it, no matter how you filter the actual accurate data. China, since as far back as I've looked, has financed U.S.A aggression, by purchasing Federal Reserve/Treasury issued debt; which is, as far as I know, electronic and paper debt. Electronic and paper debt can be turned into land titles, stocks, bonds, and legal instruments that transfer legal titles of actual wealth, and actual power - including gold mines, oil wells, Real Estate, etc. I'm writing all of this down before viewing the rest of the story with Paul Jay and REAL NEWS - on China. I'm writing a pre-response introduction to the subject of China as China relates to people in America and people in China and as China the "government" relates to U.S.A Inc. LLC i.e. The United States National (not "federal") government. A. People in America (A.K.A. tax payers) B. U.S.A government C. People in China (the ones who produce the power that empowers D) D. Chinese government Four distinct and separate divisions of actual people who actually are in one or the other group - accurately separate from the other group. It is possible to accurately separate group A from group B with the following score card: A pays and B consumes A tax payer or person inside of U.S.A Inc. LLC pays that debt. A government employee consumes that debt payment. Wealth is created by people, and government employees spend that wealth; A and B. If you are paying the cost of those expenses, working, and having your wealth spent by the government, then you are in the A group. If you are spending the wealth paid into that fund of dollars, then you are in group B. A person can be in both A and B, but the majority are in A only. Few are in B only. That must be that way due to the nature of surplus wealth Surplus wealth is the total amount of wealth produced by human begins that isn't consumed immediately by human beings - money in the bank. It take a whole lot of people contributing to one single "pot of gold" to be able to make one single person supper rich. The opposite situation, the situation that does not exist, is a situation whereby surplus wealth is abundant to the point whereby everyone is super rich. There can be no argument here, not while millions of people on the planet starve to death. The few are super rich because the many transfer power to the few - that is the truth no matter which filter you use to view that fact. A. Many people in the U.S.A who create wealth. B. Few people running U.S.A. corporation who spend the wealth created by A. C. Many people in China who create wealth. D. Few people running China (government) who spend the wealth created by C. Debt bridges the gap between A,B,C, and D. Please see this fact before entertaining the validity of my comments concerning the REAL NEWS report on China. If China the government and China the people were on one planet in a far away solar system from U.S.A. the corporation and the people in America, then there could still be a debt connection, so long as digital records could travel the distance. The people in America could still finance the aggressive wars for profit planned and executed by the people running U.S.A. Inc. LLC by selling debt to the people running China the government. Please understand that much. In the scenario whereby China and America are separated by light years of space, in different solar systems, the concept of debt could still exist. The controllers (I won't call them leaders) of American power can call up the controllers of Chinese power and ask for permission to spend Chinese wealth. The controllers of Chinese wealth can then say: Yes or No. Yes, go ahead and spend Chinese Wealth, or, no, you do not have our permission to spend Chinese wealth - take a hike. If the Chinese are thinking that they are buying wealth from the controllers of U.S.A Inc. as in buying American wealth, when debt notes are purchased, then the separate solar system scenario can work for us to see how that transfer of American wealth to China works according to any scenario imaginable. Keep in mind that no sane person can look at 14 trillion dollars "worth" of debt and expect to be paid such a sum of wealth. Look at the numbers with a sane mind. Use the filter of sanity. Debt per tax payer is over 100,000 dollars. It takes a tax payer one life time of work to pay for one home. The cost of one home, a rough average, is 100,000 dollars, and if the home is purchased with debt, then 100,000 dollars goes to a bank as interest, for a total of 200,000 dollars paid by the tax payer, half in interest payments, the other half for the cost of the home. How many people can afford 100,000 dollars for the home, 100,000 dollars for the interest on a loan for a home, 100,000 dollars to pay for debt notes sold to investors by The FED/Treasury U.S.A Inc. LLC people, and current tax payments? A. People paying taxes 1. 100,000 dollar home 2. 100,000 dollar interest on the home loan 3. 100,000 dollar worth of debt per tax payer owed right now to someone or some group to be paid by tax payers 4. Tax debt currently owed by tax payers as a percent of income. That is 300,000 dollars required to be paid by tax payers just for their own castle, their own home, in their own land, and that doesn't even begin to add up the wealth required to be earned, the work that must be done, just to pay the current taxes as a percentage of wealth earned by the tax payers. Who is fooling whom with that debt clock? China has been purchasing debt for decades. China buys debt for a reason. The reason can't be an expectation of cashing in those debt notes, the paper isn't worth the current appraised value, it can't be, that is a physical impossibility. American tax payers cannot work harder, cannot do without more, not to that tune, that tune, that is played by that debt clock, is false. It is an abomination, a huge lie. Who is lying to whom? I'll view and then quote from the report on China by Paul Jay and The REAL NEWS.
Please know that confusion is required for the big lie to perpetuate. The victims can't be allowed to figure out exactly how the victims are being victimized. A. People paying taxes in America B. U.S.A. "government" collectors and consumers of tax "revenue" C. People paying taxes in China D. Chinese government collectors and spenders of Chinese wealth Go back to the idea whereby America and China are in different solar systems and the controller of U.S.A Inc. LLC calls up the leader of China and the controller of U.S.A Inc. says: You, leader of China, are "undervaluing your currency". Then: that has given the Chinese exporter an unfair advantage. That exposes a vital piece of the puzzle. It must then be known: A. Products, actual wealth, flows from China on one side of the galaxy to America on the other side of the Galaxy. B. People in China produce wealth, and ship wealth to America C. People in America produce debt paper, and consume wealth shipped from China Before moving on, it may be good to recap. 1. China buys debt notes from U.S.A Inc. LLC whereby the Chinese finance wars of aggression perpetrated by U.S.A. Inc. on victims other than Chinese victims in Chinese land - more or less. 2. China ships wealth, made in China, to America in exchange for something, presumably debt notes created by The Fed - dollars. The debt paper notes (treasury bills or whatever) that finance the aggressive wars for profit are not going to be worth the current appraised value. China has a lot of these notes, and it would be very foolish, for a fool, to think that China expects to receive the value printed on those debt notes. Who is that foolish? The dollars taken in exchange for Chinese products are then added to the flow of stuff into China from America at a rate that is determined by some measure. That is what is being called "an unfair advantage" by people controlling U.S.A. Inc. LLC. Why? As far as this report is concerned, so far, there isn't any flow of Chinese debt, none whatsoever. So far there is only flow of false debt (over-valued) from U.S.A. Inc. LLC to China. So far there is only mention of actual wealth flowing from China as exports, and so far there is only, presumably, dollars flowing into China in exchange for products made in China, by Chinese people. So far China appears to be getting the short end of the stick. I will view more of the report by REAL NEWS on China.
Before going any further it must be known, by reasonable people, that the dollar is backed, in part, by oil. This is a well known fact. The dollar has been the required money used in the Global oil trading business. To fit this fact into this response to this report I see a need to add another planet into the galaxy, and this planet is separated from China and America in a third solar system. On the third planet is oil, and if anyone wants oil the potential buyer has to have dollars, because the seller of oil demands dollars as payment, not Chinese currency, dollars. The controllers of U.S.A Inc. LLC doesn't want the seller of oil to sell oil for Chinese currency, that would not be good for the controllers of U.S.A. Inc. LLC, and this fact must be known, or the report on China will not make any sense. If China or U.S.A. Inc. invent something more powerful than oil, a new energy technology breakthrough, then the power of oil will be less, and the power gained by having oil only sold for dollars will be less, and this point is important enough to illustrate with another planet, one not yet exploited, not politically exploited, and not economically exploited - not yet. Suppose that the fourth planet in the scenario here is a planet where Solar Panels and Electric Cars are made, just chew on that idea for a minute and I'll get another quote from the report by REAL NEWS. OK, the third thing is, in addition to climate change, and the exchange rate, they also talk about certain possible cooperation in geopolitical areas, like in Iran, Afghanistan, and in North Korea. No mention of Iraq, which as far as I know, has already been divided up between those who have the power to divide it up - oil - of course. Where will the oil flow to, who pays who, and what currency is used by who to who as the oil flows, or as the oil doesn't flow if the price lowers too much? A. People in America (tax payers) B. U.S.A. Inc. LLC A.K.A. The Dollar Hegemony C. People in China (tax payers, creators of wealth) D. Chinese government C. People who happen to live on top of a lot of oil D. People who supposedly govern the people who happen to live on top of a lot of oil. E. Climate change as a political means of covering up the oil/money monopoly racket F. Actual climate change and what can be done about it. G. Energy technology as a political means of covering up the oil/money monopoly racket (A.K.A Military Industrial Complex, A.K.A. The Dollar Hegemony, A.K.A. The Federal Reserve System, A.K.A. The New World Order, etc.) H. Actual power producing technology in competition with oil, gas, and other power producing technology such as nuclear power, solar power, wind power, lunar power/tide power, etc. The Report can't be less complicated, it seems to me, it has to include all the necessary pieces. So far: China buys Treasury debt at over-valued prices, they cannot reasonably expect to be paid back as much as they spent to get that worthless paper. That is absurd, just look at the debt clock, no reasonable person can expect American tax payers to produce that much wealth just to hand it over to the Chinese government - really? Perhaps I am the fool here, a real possibility. China exports wealth, in the form of products consumed by Americans, in exchange for dollars, dollars that can buy Treasury notes, dollars that can buy oil, not dollars that are paid to Chinese people who make the products. U.S.A. controllers (not leaders) complain about Chinese currency being undervalued. That is a side note, really, and it sounds like one Drug dealer complaining to another drug dealer for failing to cut their product with enough laxative. Drug dealer A (The Dollar Hegemony): "Hey, China, why don't you cut your drugs with enough laxative like us, you are making us look bad, come on, man, that isn't nice." It is much more complicated since China isn't enforcing oil/dollar Hegemony around the world with their power to spend their tax/wealth collections. China doesn't spend their surplus wealth on as much military adventures world wide. The "cutting the drugs with laxative" analogy works if you consider that "pure drugs" are economically viable investments where surplus wealth is spent on things that increase surplus wealth, rather than spending surplus wealth only on things that maintain the power to control surplus wealth. 1. Pure drugs = a government that only uses surplus wealth (tax collected surplus wealth) on expenditures that result in more surplus wealth. 2. Cutting the drugs with laxative = less economically viable investments of surplus wealth and more expenditures of surplus wealth spent on maintaining control over the competition - eliminating all competition as competitors threat to take over the drug business (collecting and spending surplus wealth). China has planet China filled with all the people hooked on surplus wealth; where the people running the Chinese government collect all the surplus wealth and then they distribute the surplus wealth back to the people in their turf. Some of the surplus wealth is spent on maintaining the power to collect the surplus wealth at home, and some of the surplus wealth is spent on keeping out invaders who intend to take over the power to collect surplus wealth. Some of the power is spent on things that increase the total production of surplus wealth. U.S.A Inc. LLC has control over planet America. The controllers have spent all the surplus wealth already, for some time now, and are now busy selling off all the stored wealth, in exchange for permission to go ahead with aggressive wars for profit, on other planets, planets where oil can be found, natural gas, opium, and other valuable things - cutting the dope with laxative - and the people in America who are hooked on surplus wealth are no longer getting high because laxative doesn't get people high. Laxative has another purpose. I'll return to the REAL NEWS report looking for another quote, but first I'm going to post this here, and on my own site, to avoid loss of this investment in my time and energy - my power.
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| Posted: Sat Jan 22nd, 2011 02:38 pm |
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511th Post |
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Joe Kelley Administrator
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Part IIsustaining a growth rate of 8 to 9 percent I have to confess to having confused terms in my last reply. When the term "undervalued" is used, as in "And from the US point of view, China has been undervaluing its currency", it seems, the meaning is such that the paper is worth less than it would be worth if the people who can undervalue it don't undervalue it. That is even more of a side track issue than the drug dealer turf battle analogy intended to address. Why would anyone want to go down that rabbit hole? Why speak in terms that cause more confusion, instead of speaking in terms that report common sense? A. China supposedly wants to keep wages low and depend upon exporting wealth from China to America to keep their own economy growing at 8 to 9 percent. B. China supposedly wants to do the opposite and invest in increased worker wages, to create consumption demand at home, and stop depending on exports to America. What words were used in the report when the concept of increasing worker wages was reported? This is important. I will find those words and quote those words: but they don't want to do the massive income redistribution required for that I'm calling for a reality check. My way of checking on that reality is to resubmit an easy method by which wealth is redistributed, it is not massive, it is common sense, it is easy, and it can be done very soon, without anyone being injured with only one exception whereby the people who earn their living through lawful fraud, or lawful violence, will no longer be able to earn their living through lawful fraud, or lawful violence, since the demand for such a thing will decrease. A. Fix the problem (Reality Check) without harming anyone. B. Exception to the "without harming anyone" is such that people who harm other people will feel injured when they can't harm other people, earning their living, with that method. Reality Check: Chinese government or U.S.A. Inc. LLC, or both, produce 2 new financial instruments and offer these instruments to any buyer, any consumer, any living, breathing, person on the planet Earth. Product 1: No interest home loan and/or a no interest business property loan, denominated in a new unit of legal currency, designed for these specific purchases, and the value of the currency is valuable as a means by which the holder of the currency after the sale of the home, or after the sale of the old mortgage, can pay tax debt once the receiver of the currency, in exchange for the home, or in exchange for the mortgage, has the currency to pay tax debt. You, the reader, can't do two things at this point without lying to yourself. You can't believe that you have understood the report by REAL NEWS on China, and at the same time, you can't say that you don't understand the above offering as a reality check on that REAL NEWS report on China. I'm offering a simple solution to the problems reported in that REAL NEWS report. What could any reader possibly find at fault with Product number 1? Product number 1 provides half of a reality check on the REAL NEWS report, for one thing. The other half of the reality check is product number 2. Product number 2, like product number 1, is a loan, this loan, however, earns the producer and seller of product number 1 and 2 (the bank), a means by which the cost of producing the product is recovered, and that means is an additional charge to the borrower of a 1% interest rate payment added to the loan; where the consumer of the loan has to pay back the whole amount borrowed, plus 1% simple annual interest. Product 2 is only offered for purchases of products that are proven to increase surplus wealth, more power, such as Solar Panels, Electric Cars, Home Vertical Farming Modular Units for inexpensive high quality food production or CO2 eating algae fuel production, and other proven economic wealth producing or wealth savings products. This reality check cuts to the heart of the problem that the report by REAL NEWS reports; whereby one producer of legal financial instruments, a bank, in the U.S.A, and another producer of legal financial instruments, in China, are supposedly making deals as they meet and discuss current events. Product 1 and product 2 above will fix all the supposed problems that are supposedly "on the table". The reality check is such that the supposed problems, such as climate control, national security, wages, economy, and whatever, are smoke and mirrors for the real power struggle. They are going to discuss who gets what, and how they can remain in control of their subjects, their real interests. A. People in America (tax payers) the real interests B. Controllers of the surplus wealth created by Americans (they have a real interest in maintaining control over the flow of excess wealth from A to B) C. People in China (workers who create wealth) D. Controllers of the surplus wealth created in China B and D are meeting, and discussing, and planning on, and then are going to execute those plans, on what to do with A and C. The interests of B and D are "on the table" and those interests are A and C. A and C are on the table. People in America and people in China are the interests of the people having the power over both the U.S. and the Chinese government. The interests of the people in America and China would best be served, if that was the interest to be served, by creating more surplus wealth, and creating so much surplus wealth that everyone, everywhere, had more than enough, plenty, and even more than plenty, so much surplus wealth that very few people left on the planet had any interest at all in giving permission to anyone, ever, to conduct another aggressive war for profit, of any size whatsoever. Such things would actually be against the law if the real interests of the people who create wealth were served and the people who create wealth were allowed to produce abundant surplus wealth. Product 1 and 2 offer that reality check on that supposed meeting between the supposed leader "of the free world" and the supposed communist leader of China - what a joke. I think, and I may be wrong, that Paul Jay knows it is joke, and that his hands are tied. He has to report news in the fashionable language of our times - double speak. I'll view the rest of the report. Readers, if such a thing exists, can do so too, while they read my comments, and don't forget, discussion is against the law, so you can read, but you can't discuss the topic. You can only read, pay taxes, and shut up. government stimulus money Reality check: If a person borrows money and pays back all the money borrowed then a person borrows from himself and pays himself back, end of story. The false story is: government stimulus money Where does "government" get money? You are not supposed to know any of this stuff. You are supposed to listen to such things as "government stimulus money" and go along with the fraud - perpetuate victimization. I thought Paul Jay knew better. It might be just me. I may be all confused. Paul Jay may have the answers, not me. Seriously: If you have earned a good credit rating, you have worked and produced wealth, you borrow money, you pay back every cent, then, truly, do you earn the power to purchase on your own good faith and credit? Why would you ever assume to be required to pay someone else twice the value of your home for the privileged of borrowing money from bank A or bank B? Where do you think bank A or bank B earns its power to offer good faith and credit? When did the cart begin pulling the horse? You must read to find the truth, the answer has long past, ages ago, when the cart began pulling the horse. Product 1, as I tried to convey to any reader, not just in this work, illuminates the falsehoods by way of offering a very easy to understand, simple, solution to the supposed problems that are supposedly "on the table" here in this report. Product 2 suffices to finance any bank having a license to offer products 1 and 2. No monopoly bank will offer such a deal, because they don't have to offer such a deal, because the definition of a monopoly bank is a bank that isn't forced by competition to increase quality and lower cost. Quality of money is measurable as the power to purchase. Cost of money is measurable as the price charged to the consumer - interest rate. The controllers of surplus wealth collected from the people who create it in America have a monopoly bank. The controllers of the wealth collected from the people in China have a competitive monopoly bank. When the controllers of America meet the controllers of China the business they have involves their ability to compete as controllers of the wealth collected from their subjects or victims. What would happen if only China or only America offered anyone on the planet the two products I explained above? If China offered the product, then the U.S.A dollar would soon be worthless. Suppose you, in America, could purchase product 1 and product 2 from a producer of that product in China, because you have earned your own good faith and credit? Suppose that you are now upside down in your current house, your loan amount is twice what the sale price of an identical house next door is, you are still paying every payment on your upside down loan, your credit rating is good, you earn yourself to be a customer to purchase product 1 and product 2. You submit all your information on-line. A check arrives from China. You know that you have to pay back every dime you borrow from the Chinese bank offering product 1 to you. You go to your bank, with your check, with the new money, the entire amount of the loan, and your bank says "no way Jose'" we are an America bank, we don't take that new Chinese money. Now you have found out how stupid I am, and how stupid product 1 and 2 is - in reality? The Chinese producer of product 1 stipulates the following: If your current mortgage holder does not honor the new Chinese money, on face value, you are not charged with a lower credit rating for walking away from that house and that mortgage and using the new Chinese money to buy another house, the identical one next door for example, or build another house, and, furthermore, you can use product 2 to begin a home construction business that accepts new Chinese money. they're pegging to the US dollar now The reverse is true. Suppose America produces this new money instead of China, and Chinese people begin signing up for, and receiving new American money, to build new Chinese homes, or pay off old Chinese mortgages, or buy existing Chinese homes that are up for sale? 1. Paying no interest on the home mortgage; because the borrower, in effect, borrows from him or her self, based upon his, or her, earned credit, good faith, and good credit. 2. Established business as usual. Each person buying the new product 1 loan cuts their monthly mortgage payment roughly in half, thereby increasing their effective income by that exact amount. Where does someone go to turn in their dollars earned at work for new, better, higher quality, and lower cost money, so as to pay off their new half price, no interest, mortgage loan? Note: but they don't want to do the massive income redistribution required for that And note: government stimulus money Who is fooling who? I'm going to view the rest of the REAL News report. it will increase imports of raw materials, energy, from Latin America, from Middle East. and So that may contribute to a relatively rapid growth in the global economy for some years. Power products, oil for example, flowing into China, booming it, 8 to 9% sustained growth, because power flows into China, like blood flowing into an anemic body, rather than having, for a prescribed treatment: blood letting, leaching, draining, eviscerating. What do the "investments" purchase - exactly? That is the key. They talk about "government stimulus" as if it is either turned on or off the entire body. A. Stimulate China B. Do not Stimulate China Example: and that, however, could lead to excess capacity in a few years. Turn China on, add government stimulus, what happens? "Excess capacity" Turn China off. Who is fooling who? In reality there are specific people who get the money, and then specific people consume the money by some means, something does happen, something occurs in each case, where each person spends the money, or invests the money. Look back at product 1 and 2 please. In every single case where the mortgage is cut down from whatever it was to a no interest loan, each and every case, there will be the reverse of "excess capacity". When will all the people who prove that they can pay back every cent borrowed ever reach "excess capacity"? Each case is a case of more power in the hands of a potential consumer to consume more, or save more, or invest more, or even loan more if the mortgage owner of product 1 wants to loan the savings earned by cutting the mortgage rate down, loan that extra cash instead of save it, even loan that extra money each month instead of spending it, loan it to a deadbeat relative, and hoping beyond hope that the deadbeat relative will use the money to pull himself out of trouble and into honest productive society. More from the REAL NEWS: So there are people who concerned about possible asset bubble in the real estate sector If loans are pushed by people onto people, such as things known in America as Liar Loans, then people who can't pay back loans, their history proves that they can't pay back loans, will get loans, and then they will fail to pay them back, on schedule. Who is worried about such a thing as that happening? That would not happen in a case where the product for sale was a no interest mortgage loan offered to people with good credit ratings. Another product could be a product offered to people who don't have good credit and the risk involved in such a deal is charged to that specific consumer as an interest rate charge calculated higher for one higher risk consumer, due to low credit rating, and a lower interest calculation is based on a history of less bad credit worthiness. No interest to those who earn no interest. Confusion is caused by some people, complication is caused by other people. Who pays for having added confusion or complication? The point here is to point out how the report fails to accurately identify the cause of the Real Estate Bubble, which was intentional, and facilitated by actual people actually producing and selling Liar Loans; whereby loan officers were actually threatened with job termination for failing to sell loans to people who prove that they cannot pay back the loan. That type of behavior can only occur when banking monopolies exist; where competition is against the law, and where quality is not forced higher, and where price is not forced lower, by the force of competition. The proof of the fact that a banking monopoly exists is easy to document, on the paper trail, because an actual competitive market would have forced the producers of Liar Loans out of business, rather than reward them, with more credit, for having planned and then executed those frauds known as Liar Loans, and other frauds. In a monopoly the production of lower quality stuff at higher prices are rewarded. Low quality is rewarded. High prices are rewarded. Law rewards them. They own the law. The market is fixed. In competition the producers of lower quality at higher prices lose market share while the producers of higher quality at lower prices gain market share. If true competition existed in the U.S.A banking business the producers of very low quality (Liar Loans) at any price (interest rate) would have gone out of business or would have gone into the Real Estate business once they had to sell all those homes defaulted by all those people who proved that they couldn't pay the mortgage payments even before they received their money based upon their proven lack of good credit (faith be damned). In a monopoly banking system (The Federal Reserve "system" extortion racket) enormous rewards are stolen from the public accumulation of surplus wealth and transferred to the accounts of the planners and executioners of such things as Lair Loans and the sale of bundles of such mortgages by fraud to unsuspecting victims. That case is closed in all but an actual legal court. The actual legal court actually enforces the existence and perpetuation of the banking monopoly - in fact.
What is fixed investment? Product 2, in the hypothetical reality check, that would work, if the idea is to actually sustain the creation of greater and greater, supplies of surplus wealth would be Solar Panels fixed onto houses, Electric Cars, producers of Electric Cars as a result of the demand for them, Home Modular Green House Vertical Farming Units fixed to each home that wants to reduce their own cost of food and increase their own quality of food, etc. What trouble? When the investment, the government stimulus, is spent on an aggressive war for profit, what is the fixed investment in that case? A flow of oil from Iraq, or is it to fix the price of oil by cutting off that flow of oil from Iraq? I see a real need to cut this effort off soon. and also if China's rapid growth of energy demand cannot be met by the constrained world energy supply (especially there's a concern about the world oil production may have peaked), and then that may lead to the next crisis. Product 2. Anyone with good credit can purchase a 1% interest loan, simple annual interest, and buy only things proven to produce more wealth, more power, such as a Solar Panel, and such as an electric car. As oil prices go up, a person with an electric car saves even more that 80%. Currently an electric car costs 2 cents per mile. An oil powered car costs about 10 cents per mile. A person with a Solar Panel Power House makes his own motor fuel at home, saving even more, about 10% compared to current electric prices. So what happens if electric prices and gasoline prices go up - crisis? Why? Bad investments, failure to know things worth knowing, what? What about things such as a Modular Vertical Farming Units that produces food or fuel? Fuel made from Algae, where the production of Algae consumes CO2. A bubble of power producers fixed to many homes across the land, more and more and more as that potential growth bubbles into a power producing bubble is one that won't burst. How could it burst? Energy is too abundant, prices are too low? That is a potential exponential growth rate, comparable in total output to a much larger scale government or private or private/government or subsidized by government private business venture whereby a large scale algae fuel production farm is produced by such an investment of surplus wealth collected into one fund for such an investment. How much will someone charge everyone for that power per watt, like Hover Dam? Is that fixed, or ignored?
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| Posted: Sun Jan 23rd, 2011 12:03 pm |
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512th Post |
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Joe Kelley Administrator
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China and Global EconomyInstead, China has attempted to buy time with massive investments in infrastructure. The angle of view appears to be such that economic booms and busts are random, or for lack of a better word, unpredictable, or unplanned. That is nonsense. Many people controlling many supplies of money in human history, and even right now, are fully aware of the power money has on "the economy". Think in terms of a gardener, where water is added to either the strawberry crop or water is added to the carrot crops, which crop live (bubble), which crop will die (bust)? When human beings invented and then incorporated agriculture and irrigation into human existence what do you think the people having control over the flow of water did with that power? Then human begins began producing much more than they could consume with that power to boom their surplus wealth creation, and they stored wealth in storage bins, such as grain bins. People then paid taxes with grain (excess wealth) and received tickets (money) to get grain back when needed. The people controlling the flow of water could cut the supply of water off to an undesirable member of the community, if that member didn't behave according to whatever the controller of the flow of water judged by discrimination, or judgment, as to what is, or what is not acceptable behavior. Controllers of the production of grain tickets (money) gained a similar power. Which power was greater? A. The power to cut off water to anyone needing water in the production of surplus wealth. B. The power to cut off tickets (money) to anyone needing tickets in the production of surplus wealth. Water has the power to boom or bust agricultural production only, and then secondarily any production dependent on grain, such as grain based money. Money has the power to boom any specialized production whatsoever since money is the power to purchase anything that can be purchased, or it isn't money. If readers, thinkers, commentators, politicians, economists, scientists, or just people like me, don't understand the power of money creation with the ability of the creators of money to boom or bust any production of wealth then readers, etc., won't understand the power to create a boom and bust cycle A.K.A. The Business Cycle. Add water to the carrots and carrots live. Take away water to the strawberry and the strawberries die. Add too much water to the carrots and what happens? You may not know. You may not be a gardener. Are you in control of the number of U.S.A. issued dollars? How many dollars have you created today? Where did you spend those dollars created today? How many Chinese dollars (Yuan/Renminbi?) did you add or subtract from the total number you alone control? Where did you invest the new additional Chinese dollars? If your army is large enough to defend against an aggressive army of plundering criminals, then you can afford to cause a business cycle inside your turf. You can afford to boom your economy, carrots, strawberries, Real Estate, Tennis shoes, Big Macs, Infrastructure (new irrigation trenches expanding the geographical turf area), etc. and then you can afford to bust it, then boom it, then bust it, then boom it, with your own business cycle. If you can create and maintain a business cycle you know when to sell at the high point, when prices are highest, and you know when to sell at the low point, when prices are lowest, and therefore you can own, or control, everything over time. The power over surplus wealth flows to you, and everyone on your list of collaborators, and from those who actually create the surplus wealth, the farmers, the workers, the former business owners bought out during the low points, etc. If you don't know this fact, and it is a simple fact, you can't know the truth about what is happening at the G20, etc. Right now the winners in the contest to gain the most power while using the power to create money are the people who create the U.S. Dollar unit of currency. How powerful are the people who create the U.S. Dollar unit of currency? Score card? How do you see that score card? Does it make sense to you? To me it makes all the sense in the world. When the people who bust America accomplish that task on their list they will move to China, if they can, and continue "business as usual" in China; meaning that the business cycle will move to China, and China will become the winner in the contest to gain the most power while using the power to create money. If the people in America regain control over their own money, because the people who have the most power have moved to China, then America will no longer suffer from planned booms and busts. What happens to all the titles of all the wealth in America during this transition? Will the owners of all the titles in America sell at bargain basement prices while they have busted the American economy? Look at the score card, the Debt Clock, and see both sides of that clock, not just one side. A. Trillions are owed, and a group of people are expected to pay what is owed. B. Trillions are owed to a group of people who expect to be paid. When the debt reaches a level at which it becomes physically impossible to pay back the debt, the debt will not be paid back. Reality is. When the time is right a move will be made and the most powerful will know that time and they alone will cash in on whatever is left in America. Power will shift to China, and China will be the winners. How important is it to be the winners? The winners, the people who seize control over the power to print money, can run up huge debts, and sustain huge debts for decades, or even a century. Other people have no choice, other people have to loan power to the people who seize control over the power to print money, just like carrots have no power to refuse water. The dollar is currently the winner, the debt clock proves this fact. If the dollar was worthless, no one would care about the debt clock, it would be nothing but a cartoon - laughable. What happens when the shift does occur, and the power to print money moves to China? The debt clock becomes laughable - a cartoon. No one will need a dollar for anything, and everyone can begin using the new World Reserve Currency. How long, please think, will it take before the shift of power is complete? The ones who know it is happening have already shifted, where do you think the Bail Out trillions went? They already know that the dollar is worthless, and they already know that you aren't anyone unless you are already moving capital to China. Those who are slow will be left holding the empty bag. Now, for sure, I could have this wrong, and the real plan is to keep the dollar strongest, to keep the dollar as the World Reserve Currency, and the real plan is to trick people into investing in China, while the real power remains backing the dollar. The 'tea leaves' suggesting that China will gain World Reserve Currency Power status are false - if I am wrong. I hope I am wrong. What do you think China will do once it has control over the World Reserve Currency? I think it is much better to live in a world where the supply of currency, or money, is forced by competition to be higher in quality and lower in cost, which is the opposite of a monopoly power, the opposite of a World Reserve Currency Power. The people controlling the supply of Dollars go around the world conducting aggressive wars for profit, torturing, and mass murdering. What do you think will happen when those people gain control of China? If the people of China resist a take over by the people who had and then abandoned the dollar, so as to move the power of monopoly control over money to China, then we may see a time in human history where competition does force the various supplies of money toward ever higher quality and ever lower prices, until the quality of money peaks, at the lowest cost. That is the story playing out at the G20. The power struggle is a struggle to gain, or resist against, the most powerful people who have control over the Global Reserve Currency - The Dollar Hegemony. The Dollar Hegemony has had the power to cause booms and busts, The Business Cycle, anywhere on the globe, except China. Until now. Why can't you see this? What makes you think my viewpoint is inaccurate? A. Global Money Monopoly used to keep surplus wealth flowing from those who create surplus wealth to those who enforce the Global Money Monopoly B. Competition forcing the supply of money, on Earth, to the highest possible quality money, at the lowest possible cost. That is the struggle, and if nothing happens at the G20, then it will be business as usual, on schedule, continued enforcement of a Global Money Monopoly with two possible outcomes: A. The Dollar Hegemony B. Chinese Hegemony (money monopoly) China can't keep pumping up The Dollar Hegemony, because The Dollar Hegemony has reached that point of no return - on purpose. What is the purpose of destroying The Dollar Hegemony? A. Allow competition in Global money markets to force quality to the highest possible quality and force prices to the lowest possible price. B. Move Monopoly Power Control Center to China. Tell me you can't see this happening? I want to know why? I'll read the rest of the article and I may return to offer more discussion to no one.
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| Posted: Sun Jan 23rd, 2011 03:29 pm |
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513th Post |
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Joe Kelley Administrator
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Back to HereI don't understand how there is any way out of a global crisis unless a conversation begins on how to raise global wages. Paul Jay may do well to read Equitable Commerce The price of wages must have a standard from which to judge them; judging something relative to something. How are wages measured to be low? What is low, compared to high - wages? Take the very same nickle miner wage rate discussed by Paul Jay, for example, and call that wage 10 per hour. If the cost of living is 9 per hour, then a standard is now known, and the measure of wage rate is knowable. 1 per hour above the cost of living. Compare that to a wage rate that is negative 1 per hour - below the cost of living. Cost of living 10 per hour (worker needs that much to maintain a standard of living) Wage of 9 per hour (paid less than required to maintain a standard of living) A standard of living can be a bare minimum standard as well as an average standard. A bare minimum standard of living is known, by Alexandr I. Solzhenitsyn for example, by calorie count - less calories and the worker dies during work. How about a relevant quote? HERE
AND There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible. If Henry Ford can figure out how capitalism can work, why can't someone else know these same truths? I can look for more quotes from Henry Ford, or I can paraphrase from memory, and I choose to write my own words. If Henry Ford can pay wages well in excess of the cost of living, then each worker can afford to buy a Ford car, so long as, and this is real news, so long as the Ford car is priced at cost, or near cost, so that a Ford car is competitive in the car business, meaning: the highest quality at the lowest cost. The supposed modern capitalist mantra, thinking, rationale, excuse, for lowering wages is to compete in a competitive global market, to find the cheapest labor and then out-price the competition - or lose market share and go out of business. That is a lie, or at least only half true. The other truth is another supposed modern capitalist mantra, thinking, rationale, excuse, for lowering wages, whereby the modern capitalist confesses a desire for maximizing profits at all cost - let no stone be unturned, no avenue left untraveled, no limit, no restriction, no governing principle whatsoever stand in the way of maximizing profits. To who? From who? Two things: A. Highest quality at the lowest price to be competitive - including lowest wage costs. B. Highest profits without any limit whatsoever Those are two distinct and separate doctrines or methods, actions, thoughts driving action, and to confuse the two would be an error in perception. A. Exists in a competitive market - free from crime. B. Exists when competition is against the law, a monopoly is enforced by law, whereby crime becomes law. Henry Ford figured out how to compete without having to monopolize the car business by resorting crime, or government, seeking subsidy, seeking laws that remove competition. Henry Ford priced the products he and his employees produced at the lowest possible price, and at the highest possible quality. He created a free market monopoly by out producing all competition, for some time, in some places. Worker wages were bid up to bring in the highest quality workers, and wages were pegged at better than living wages, wages sufficient to afford the purchase of the cars being produced by Henry Ford and the workers, and yet, even so, the price of a car was still high enough to transfer purchasing power from all the customers to Henry Ford sufficient to expand the car company, and/or, Henry Ford found financing by other means, such as selling stock, or borrowing (at interest) from banks, so as to expand. This is important. The price of the cars sold by Ford could not have been priced "at cost" if after all sales are known and all costs are known and subtracting costs from sales (income) the result is a positive number - profit. 1. Total income 2. Total expenses 3. Positive sum (profit) or negative sum (loss) Subtract Total expenses from Total income and the result is a positive number, and it is known then that the price per car is "above cost" - a profit - not the lowest cost possible if expansion is not added to cost. If expansion is added to cost, then profit becomes investment which is a cost. What was the best competitor in the car business doing at that time? What wages where they paying their workers? What prices did they set on their cars? What quality did the Ford car measure up against the quality of the competition? What quality of the Ford car measured up if the workers were paid less than a cost of living? A Ford built by a worker starving to death compares how well to a Ford built by one who can afford to eat, and buy a Ford? If Ford could spend X on a false advertisement campaign, claiming false things about the quality of the car, or spend Y on increased workers wages, which expense brings in the most cash soonest? If Henry Ford wanted to boom Ford stock, consume the workers, consume the tools, consume the infrastructure, inflate the price, then sell it off just before it drowns in debt, and hide the debt off the books, and sell at the top of the boom, cash in, and then move onto another company, would Henry Ford earn a place in modern capitalist dogma? How about a quote? The construction of I.G. Auschwitz has assured I.G. a unique place in business history. By adopting the theory and practice of Nazi morality, it was able to depart from the conventional economics of slavery in which slaves are traditionally treated as capital equipment to be maintained and serviced for optimum use and depreciated over a normal life span. Instead, I.G. reduced slave labor to a consumable raw material, a human ore from which the mineral of life was systematically extracted. When no usable energy remained, the living dross was shipped to the gassing chambers and cremation furnaces of the extermination center at Birkenau, where the S.S. recycled it into the German war economy – gold teeth for the Reichsbank, hair for mattresses, and fat for soap. Even the moans of the doomed became a work incentive, exhorting the remaining inmates to greater effort. And: Conditions were such that sickness was a pervasive fact of life among the inhabitants of Monowitz. The hospital wards built by I.G. were so inadequate that even the S.S. suggested additional wards be built. I.G. refused because of the cost. From: This BOOK If Henry Ford could buy a politician and outlaw competition, would Henry Ford earn a spot as a modern capitalist - or a modern fascist? The price of wages in a free market, free from crime, does not exist on the planet Earth - in a Global sense - from a macro economic viewpoint. From a micro economic viewpoint any person selling his or her labor can jack up the price as high as he or she wants or give away his labor below cost so long as his or her labor is in demand. Why are Rock Stars not seen as laborers? How about Formula 1 race car drivers? How much do they charge for an hour of labor? They exist in a free market, on a micro economic scale, as does everyone else selling labor. If what you have is in demand then you can set the price at your own cost, higher than your own cost, or lower than your own cost. If you set the price lower than your own cost, you give away your labor. If you set the price higher than your own cost, you are a capitalist, you are making a profit. If your labor is sold at cost, you are selling your labor at an equitable price. If 100 other people are in competition for the same job, what do you think a Rock Star has to contend with, or a Formula 1 race car driver? labor must have a measure of quality, or there won't be a demand for it. If there aren't enough jobs for the number of people seeking jobs, then a reasonable question to ask is: why? Back to the report by Paul Jay and REAL NEWS: all owned by the same global major firm A monopoly power? People may read my words and consider me to be overly redundant when I write about the significance of monopoly power relative to the force of competition. A. Monopoly power enforced by law as laws are made to remove the force of competition B. Monopoly power earned by producing the highest possible quality at the lowest possible cost without any force applied by law to eliminate competition, no subsidy, no stimulus, no bail out, no flow of power by government from the many tax payers to the few monopolists (not from the workers paying taxes, to the monopoly nickle mining business CEO or Stock Holders), no un-free market criminal abuse of government whatsoever, not even subsidies in the form of health care paid to innocent people injured by pollution caused by nickle miners where those costs are accountable to the nickle miners themselves - and no one else. See? A nickle mining group of people gain a competitive advantage if laws are made to eliminate or reduce the power someone has to expose injuries caused by nickle mining. Some innocent person who is injured as a direct result of the nickle miners actions is someone who has costs added to their lives, are injured, and require treatment, costs, caused by nickle miners, and if those costs are paid for by the people who pay taxes and to paid for by the people who willfully cause those injuries, then that is a subsidy, an economic advantage given to that nickel competitor. Workers selling labor do not set policies that cause pollution in the nickle mining business, typically the workers are among the innocent injured victims of policies set by the CEO or perhaps the Stock Holders, who willfully perpetrate criminal injury upon innocent victims for profit - and are paid by the government to do so, because the cost of remedy is "socialized". If law prevents innocent injured victims from charging the people who cause the injury the bill for a remedy from the injury, what is law? If I am injured by someone, what prevents me from sending that person the hospital bill? What prevents the hospital from charging the criminal? Law is crime in modern times. Law is a device by which competition is eliminated. A competitor who can expend cost toward the avoidance of paying for remedies for injuries caused by this "competitor", as an investment in avoidance of paying for remedies for injuries caused by this "competitor", and in so doing this "competitor" capitalizes on such and investment, actually earn the power to avoid paying for remedies for injuries caused by this "competitor", is a criminal, not a competitor. If I dump poison into my neighbors drinking water, and he suffers as a result, I am guilty of injuring my neighbor. If I do it twice, despite the obvious result known by me, then I am guilty of a willful crime - premeditated. If I respond by seeking ways to avoid paying the cost, the doctor bill, to get my neighbor back to good health, then what am I? What is my ability to respond accounting for my willful conduct? Do I keep dumping the poison because I manage to buy a politician that covers my crime up? Is that a modern capitalist or just another criminal? Words either have meaning or they are duplicitous on purpose. What if my neighbor and I are competing for the same job at the local nickle mine? Can I eliminate the competition by poisoning that competitor? What are people doing when they buy human labor for a price that is less than the bare minimum living wage? Capitalist or criminal? What power exists that allows such a thing to happen? There are people who perceive laborers as competitors and there are people who injure competition as a means by which competition is eliminated. Some are fellow laborers (who isn't?), some are employers. A. Capitalism in a free market, free from crime, free from willful injury of other people by capitalists or anyone else. B. Capitalism in tandem with crime, where capitalists are criminals, where capitalists plan on and then follow through with the plan to injure innocent victims so as to eliminate competition, so as to increase the flow of power from the many to them by any means whatsoever - without any limit. What happens if the workers at one nickle mine happen upon a flow of debt money, where they are loaned a sum of money, at no interest, or 1% interest, whereby they begin mining nickle themselves in the same state, in the same country, as the one monopoly nickle mining company? What happens if each worker receives an equal division of profits after costs and that sum is competitive in the nickle worker labor market? A. Monopoly nickle wage rate is X B. Worker run nickle mining competitor wage is X+Y Where will the monopoly nickle mining workers who are working for X per hour go once they have a choice to work for X+Y per hour instead? Competition brings quality up and prices down. Ending competition is required to create a monopoly. Ending competition can be accomplished two ways: A. Providing the highest quality at the lowest price (free from crime = a free market free from crime) B. Crime (legalized or not) In addition to that, there's also the problem of depletion of natural resources, especially oil. I skipped past the debt crisis part of this DOOM DAY report boding future calamity where none need exist - with qualification. A. Is Debt good or bad? B. Is scarce oil good or bad? The qualification required here is from which perspective is the question answered? Debt, if it is debt, is paid. Someone pays. Someone is paid. If it isn't paid, it isn't debt. If it isn't paid, it is something else. A guy walks into your home or business, without knocking, and tells you to pay him money for protection. He says you owe him this money. You pay him, you know that the guy will hurt you if you don't, so you go along with the story line. You are paying him the protection money that you owe him. Wink, wink, nudge, nudge, the emperor is wearing such beautiful clothes. Is that debt (protection money) bad? Is it doom day? When oil prices go up the savings of shifting from gasoline to electric power transportation goes from a current 80% savings to a higher percent savings. What makes oil prices go up? Will oil prices go up if oil is abundant; running like sunlight in the middle of a summer day with no clouds as far as the eye can see? What is the price of clean air, on the same sunny summer day, charged to you today? How much do you have to pay for clean air right now, what is the price per cubic foot of clean air, and do you keep the receipt? What would the price of clean air be if one person, or one group of people, seized the power to make clean air scarce, or abundant, to you? What will they set the price of clean air at, then? What would you be willing to pay for clean air, once you have no choice but to pay the price demanded by the monopoly supplier of clean air? Where do those nickle minors go when they need liquid credit to start their own mining business and compete in a free market with the monopoly nickle mining business, to see who offers the best nickle at the lowest cost without harming any innocent victims in the process, on purpose? What sets the interest rate? Who is fooling who? in the next five years we will again see a major world economic crisis Right now a global money supplier could offer 2 products for sale to anyone on the planet earth who has earned a good credit rating and who therefore has earned a zero interest rate on product 1 and a ONE percent interest rate on product 2. That global money supplier would have the power to capture and monopolize the world money production business with those two products - unless someone else offered a higher quality product at a lower price. Product 1 allows anyone on Earth to own a home for half the cost currently offered by the global suppliers of money - talk about quality? Product 2 allows anyone to convert from the DOOM DAY oil business to the Solar Electric Business starting on that day when the customer purchases that product 2. 5 years? What does that reporter, expert economist, or whatever, think is going to happen when oil prices go higher - relative to the already 80% savings in converting to electric power and even more savings if the consumer converts to solar electric power? If I can call up someone and have someone drop on by my house in a few days and have Solar Panels put on my home starting right now, or Monday, when they are open, then I will be prepared, in that way, for this supposed crisis. I call them up. They guarantee that my electric bill will go down - now. Less coal burned. Less CO2 emissions. I save. I effectively increase my income. I effectively increase my ability to buy more things. I increase demand. I can even save my saved electric costs and save up for more Solar Panels once the ones on the roof wear out - thereby sustaining economic demand (for more Solar Panels at least). If I call up Nissan, or Tesla, or any of a number of people currently producing Electric cars, and I buy an Electric car right after I install more than enough Solar Panels I effectively stop my future crisis concerning that Day of DOOM when oil prices go up. I make my own car fuel at my own house and the price of my fuel is set by how much the sun shines. If I can do that, why can't other people do the same thing? Why can't I start up a new global money supply business and begin selling product 1 and 2? How much would my cost of running such a business be, and how much profit could I make once the 1% interest payments begin flowing to me? Who would have the power to stop me? What if Microsoft, Google, PayPal, Skype, eBay, E-Gold, Wikipedia, or any number of other similar companies began an effort to corner, or monopolize, the global money production business in competition with each other, offering home mortgages, business mortgages, electric car loans, solar panel loans, Modular Vertical Farming Unit (for food or algae fuel production) Loans? What would be the highest quality money offered by those competitors vying for market share be? What is the upper most limit of quality in money? What would be the lowest price set by the best competitor, the one who corners the market? What would the lowest possible price of money be, then? Would you go Apple or Microsoft? Would you choose Mozilla or Windows? Would you choose Tesla or Nissan? Would you settle for DOOM DAY, the perpetual business cycle, perpetual wars of aggression for profit, and the goon demanding protection money?
People, people, people, come on, really? Once a monopoly on money is in force there will be booms and busts, that is how power transfer from those who create power to those who steal power by creating and maintaining The Business Cycle. Prices go up, on schedule, but not a schedule that is known by everyone, only a few can know the true schedule, otherwise it would not work as planned. Once prices are reaching the peak, the people who control the money supply know when to sell off everything that is over-priced as a direct result of where the new money was sent, housing for example, the people creating and then spending that created money know which products are bubbled up, which things are over-priced, and therefore which things are sold off at the highest price near the peak of the BOOM side of the business cycle. Then money is taken out of circulation by some means, and there are many ways to accomplish a reduction in the money supply, making money scarce to this sector or that sector of the economy, a freeze on home loans for example, an increase in reserve requirements, an increase in the prime rate, Gary North is a good source for such methods of manipulating the money supply. Liar Loans cause a BOOM in Real Estate, and then a policy change causes a crash in Real Estate - for example. Who knows when the next BOOM will occur? What was said in the REAL NEWS report?
Those are code words. What do those words mean? Those words mean specific things. Currently the supply of dollars has doubled, but that new supply of dollars is not flowing through the American economy. Early 2008 the dollar supply was X Late 2008 the dollar supply was 2X Where is that new money? Where will that new money go? What will that new money buy? Why was that new money created? Why will the new money buy the things that the new money will buy?
That is like saying: I would not rule out the sun appearing again tomorrow. It's possible. Once that money is spent the value of the dollar will drop to roughly half of the value of the dollar before the supply doubled in 2008 unless the new money isn't spent. If the new money just sits in the bank, never being spent, the money supply remains at X - not 2X. If these people have the power to increase the total units of dollars by double, then they have the power to decrease the total units of dollars by half. They can keep half of the supply in their banks and cut off the flow to all but whomever they want to have the half of the supply they want people to have, and the effect of cutting the total supply of dollar units by half will roughly be an increase in the value of the dollar by double - confusingly called "deflation" because the result is lower prices. 1. Dollar supply is cut in half 2. Dollar value eventually doubles (once people understand that dollars are now scarce compared to when twice as many dollars were circulating) 3. Prices drop, or deflate, because the dollar value doubles 4. This isn't the first time this has ever happened, it is on a cycle, a schedule, and it is done on purpose by the people who have control over the total number of dollars, because they own the monopoly, because competition is against the law, just like discussion is effectively against the law. Obey. Be afraid. Pay. The cart is pulling the horse when the workers are not allowed to make their own money, finance their own mines, or discuss important things using meaningful language. Legal crime, for example, exists. Why does it not have a name?
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| Posted: Sun Jan 23rd, 2011 04:01 pm |
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514th Post |
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Joe Kelley Administrator
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Part II How about a quote? The construction of I.G. Auschwitz has assured I.G. a unique place in business history. By adopting the theory and practice of Nazi morality, it was able to depart from the conventional economics of slavery in which slaves are traditionally treated as capital equipment to be maintained and serviced for optimum use and depreciated over a normal life span. Instead, I.G. reduced slave labor to a consumable raw material, a human ore from which the mineral of life was systematically extracted. When no usable energy remained, the living dross was shipped to the gassing chambers and cremation furnaces of the extermination center at Birkenau, where the S.S. recycled it into the German war economy – gold teeth for the Reichsbank, hair for mattresses, and fat for soap. Even the moans of the doomed became a work incentive, exhorting the remaining inmates to greater effort. And: Conditions were such that sickness was a pervasive fact of life among the inhabitants of Monowitz. The hospital wards built by I.G. were so inadequate that even the S.S. suggested additional wards be built. I.G. refused because of the cost. From: This book If Henry Ford could buy a politician and outlaw competition, would Henry Ford earn a spot as a modern capitalist - or a modern fascist? The price of wages in a free market, free from crime, does not exist on the planet Earth - in a Global sense - from a macro economic viewpoint. From a micro economic viewpoint any person selling his or her labor can jack up the price as high as he or she wants, limited by the demand, or give away his labor below cost, if he wishes to dump his labor on the market or be generous, so long as his or her labor is in demand. Why are Rock Stars not seen as laborers? How about Formula 1 race car drivers? How about corporate raider CEOs? How much do they charge for an hour of labor? They exist in a free market, on a micro economic scale, as does everyone else selling labor. If what you have is in demand then you can set the price at your own cost, higher than your own cost, or lower than your own cost. If you set the price lower than your own cost, you give away your labor, you dump it on the market. If you set the price higher than your own cost, you are a capitalist, you are making a profit. If your labor is sold at cost, you are selling your labor at an equitable price. If 100 other people are in competition for the same job, what do you think a Rock Star has to contend with, or a Formula 1 race car driver? labor must have a measure of quality, or there won't be a demand for it. If there aren't enough jobs for the number of people seeking jobs, then a reasonable question to ask is: why? Back to the report by Paul Jay and REAL NEWS: all owned by the same global major firm A monopoly power? People may read my words and consider me to be overly redundant when I write about the significance of monopoly power relative to the force of competition. A. Monopoly power enforced by law. (laws are made to remove the force of competition, on purpose, for some true or false reasoning, criminals don't often confess, or obey laws, even the ones they write and enforce) B. Monopoly power earned by producing the highest possible quality at the lowest possible cost without any force applied by law to eliminate competition, no subsidy, no stimulus, no bail out, no flow of power by government from the many tax payers to the few monopolists (not from the workers paying taxes to the monopoly nickle mining business CEO or Stock Holders), no un-free market criminal abuse of government whatsoever, not even subsidies in the form of health care paid to innocent people injured by pollution caused by nickle miners where those costs are accountable to the nickle miners themselves - and no one else. See? A nickle mining group of people gain a competitive advantage if laws are made to eliminate or reduce the power someone has to expose injuries caused by nickle mining, and then send them the hospital bill. Some innocent person who is injured as a direct result of the nickle miners actions is someone who has costs added to their lives, are injured, and require treatment, costs, caused by nickle miners, and if those costs are paid for by the people who pay taxes and not paid for by the people who willfully cause those injuries, then that is a subsidy, an economic advantage given to that nickel competitor. Workers selling labor do not set policies that cause pollution in the nickle mining business, typically the workers are among the innocent injured victims of policies set by the CEO or perhaps the Stock Holders, who willfully perpetrate criminal injury upon innocent victims for profit - and are paid by the government to do so, because the cost of remedy is "socialized". If law prevents innocent injured victims from charging the people who cause the injury the bill for a remedy from the injury, what is law? If I am injured by someone, what prevents me from sending that person the hospital bill? What prevents the hospital from charging the criminal? Law is crime in modern times. Law is a device by which competition is eliminated. A competitor who can expend cost toward the avoidance of paying for remedies for injuries caused by this "competitor", as an investment in avoidance of paying for remedies for injuries caused by this "competitor", and in so doing this "competitor" capitalizes on such and investment, actually earn the power to avoid paying for remedies for injuries caused by this "competitor", is a criminal, not a competitor. If I dump poison into my neighbors drinking water, and he suffers as a result, I am guilty of injuring my neighbor. If I do it twice, despite the obvious result known by me, then I am guilty of a willful crime - premeditated. If I respond by seeking ways to avoid paying the cost, the doctor bill, to get my neighbor back to good health, then what am I? What is my ability to respond accounting for my willful conduct? Do I keep dumping the poison because I manage to buy a politician that covers my crime up? Is that a modern capitalist or just another criminal? Words either have meaning or they are duplicitous on purpose. What if my neighbor and I are competing for the same job at the local nickle mine? Can I eliminate the competition by poisoning that competitor? What are people doing when they buy human labor for a price that is less than the bare minimum living wage? Capitalist or criminal? What power exists that allows such a thing to happen? Why is there too many workers and not enough jobs in place X at time Y? There are people who perceive laborers as competitors and there are people who injure competition as a means by which competition is eliminated. Some are fellow laborers (who is not a laborer/worker?), some are employers (which employers do no work?). A. Capitalism in a free market, free from crime, free from willful injury of other people by capitalists or anyone else. B. Capitalism in tandem with crime, where capitalists are criminals, where capitalists plan on and then follow through with the plan to injure innocent victims so as to eliminate competition, so as to increase the flow of power from the anyone to them by any means whatsoever - without any limit. What happens if the workers at one nickle mine happen upon a flow of debt money, where they are loaned a sum of money, at no interest, or 1% interest, whereby they begin mining nickle themselves in the same state, in the same country, as the one monopoly nickle mining company? What happens if each worker receives an equal division of profits after costs from nickle sales and that sum is competitive in the nickle worker labor market, even lower priced nickel, and even higher quality nickle sold by the worker run nickle competitor? A. Monopoly nickle wage rate is X B. Worker run nickle mining competitor wage is X+Y Where will the monopoly nickle mining workers who are working for X per hour go once they have a choice to work for X+Y per hour instead? Competition brings quality up and prices down. Ending competition is required to create a monopoly. Ending competition can be accomplished at least two ways: A. Providing the highest quality at the lowest price (free from crime = a free market free from crime) B. Crime (legalized or not) "In addition to that, there's also the problem of depletion of natural resources, especially oil. " I skipped past the debt crisis part of this DOOM DAY report, reporting future calamity, where none need exist - with qualification. A. Is Debt good or bad? B. Is scarce oil good or bad? The qualification required here is from which perspective is the question answered? Debt, if it is debt, is paid to someone and then returned to someone, with or without adding or subtracting to the amount over time. Someone pays. Someone is paid. If it isn't paid, it isn't debt. If it isn't paid, it is something else. A guy walks into your home or business, without knocking, and tells you to pay him money for protection. He says you owe him this money. You are in debt. What did you buy with the money you borrowed? You pay him, you know that the guy will hurt you if you don't, so you go along with the story line. You are paying him the protection money that you owe him. You know that the money you supposedly borrowed is the money paid to this goon by his employers. Wink, wink, nudge, nudge, the emperor is wearing such beautiful clothes. Quote time: Society in every state is a blessing, but Government, even in its best state, is but a necessary evil; in its worst state an intolerable one: for when we suffer, or are exposed to the same miseries BY A GOVERNMENT, which we might expect in a country WITHOUT GOVERNMENT, our calamity is heightened by reflecting that we furnish the means by which we suffer. Is that debt (protection money) bad? Is it doom day? When oil prices go up the savings earned by shifting from gasoline to electric power transportation goes from a current 80% savings to a higher percent savings. What makes oil prices go up? Will oil prices go up if oil is abundant; running like sunlight in the middle of a summer day with no clouds as far as the eye can see? What is the price of clean air, on the same sunny summer day, charged to you today? How much do you have to pay for clean air right now, what is the price per cubic foot of clean air, and do you keep the receipt? What would the price of clean air be if one person, or one group of people, seized the power to make clean air scarce, or abundant, to you? What will they set the price of clean air at, then? What would you be willing to pay for clean air, once you have no choice but to pay the price demanded by the monopoly supplier of clean air? Where do those nickle minors go when they need liquid credit to start their own mining business and compete in a free market with the monopoly nickle mining business, to see who offers the best nickle at the lowest cost without harming any innocent victims in the process, on purpose? What sets the interest rate? Who is fooling who? "in the next five years we will again see a major world economic crisis" Right now a global money supplier could offer 2 products for sale to anyone on the planet earth who has earned a good credit rating and who therefore has earned a zero interest rate on product 1 and a ONE percent interest rate on product 2. That global money supplier would have the power to capture and monopolize the world money production business with those two products - unless someone else offered a higher quality product at a lower price. Product 1 allows anyone on Earth to own a home for half the cost currently offered by the global suppliers of money - talk about quality? Product 2 allows anyone to convert from the DOOM DAY oil business to the Solar Electric Business starting on that day when the customer purchases that product 2. 5 years? What does that reporter, expert economist, or whatever, think is going to happen when oil prices go higher - relative to the already 80% savings in converting to electric power and even more savings if the consumer converts to solar electric power? If I can call up someone and have someone drop on by my house in a few days and have Solar Panels put on my home starting right now, or Monday, when they are open, then I will be prepared, in that way, for this supposed crisis. I call them up. They guarantee that my electric bill will go down - now. Less coal burned. Less CO2 emissions. I save. I effectively increase my income. I effectively increase my ability to buy more things. I increase demand. I can even save my saved electric costs and save up for more Solar Panels once the ones on the roof wear out - thereby sustaining economic demand (for more Solar Panels at least). If I call up Nissan, or Tesla, or any of a number of people currently producing Electric cars, and I buy an Electric car right after I install more than enough Solar Panels I effectively stop my future crisis concerning that Day of DOOM when oil prices go up. I make my own car fuel at my own house and the price of my fuel is set by how much the sun shines. If I can do that, why can't other people do the same thing? Why can't I start up a new global money supply business and begin selling product 1 and 2? How much would my cost of running such a business be, and how much profit could I make once the 1% interest payments begin flowing to me? Who would have the power to stop me? What if Microsoft, Google, PayPal, Skype, eBay, E-Gold, Wikipedia, or any number of other similar companies began an effort to corner, or monopolize, the global money production business in competition with each other, offering home mortgages, business mortgages, electric car loans, solar panel loans, Modular Vertical Farming Unit (for food or algae fuel production) Loans? What would be the highest quality money offered by those competitors vying for market share be? What is the upper most limit of quality in money? What would be the lowest price set by the best competitor, the one who corners the market? What would the lowest possible price of money be, then? Would you go Apple or Microsoft? Would you choose Mozilla or Windows? Would you choose Tesla or Nissan? Would you settle for DOOM DAY, the perpetual business cycle, perpetual wars of aggression for profit, and the goon demanding protection money? " I would not rule out it would develop into a runaway inflation. It's possible. " People, people, people, come on, really? Once a monopoly on money is in force there will be booms and busts, that is how power transfer from those who create power to those who steal power by creating and maintaining The Business Cycle. Prices go up, on schedule, but not a schedule that is known by everyone, only a few can know the true schedule, otherwise it would not work as planned. Once prices are reaching the peak, the people who control the money supply know when to sell off everything that is over-priced as a direct result of where the new money was sent, housing for example, the people creating and then spending that created money know which products are bubbled up, which things are over-priced, and therefore which things are sold off at the highest price near the peak of the BOOM side of the business cycle. Then money is taken out of circulation by some means, and there are many ways to accomplish a reduction in the money supply, making money scarce to this sector or that sector of the economy, a freeze on home loans for example, an increase in reserve requirements, an increase in the prime rate, Gary North is a good source for such methods of manipulating the money supply. Liar Loans cause a BOOM in Real Estate, and then a policy change causes a crash in Real Estate - for example. Who knows when the next BOOM will occur? What was said in the REAL NEWS report? " I would not rule out it would develop into a runaway inflation. It's possible. " Those are code words. What do those words mean? Those words mean specific things. Currently the supply of dollars has doubled, but that new supply of dollars is not flowing through the American economy. Early 2008 the dollar supply was X Late 2008 the dollar supply was 2X Where is that new money? Where will that new money go? What will that new money buy? Why was that new money created? Why will the new money buy the things that the new money will buy? " I would not rule out it would develop into a runaway inflation. It's possible. " That is like saying: I would not rule out the sun appearing again tomorrow. It's possible. Once that money is spent the value of the dollar will drop to roughly half of the value of the dollar before the supply doubled in 2008 unless the new money isn't spent. If the new money just sits in the bank, never being spent, the money supply remains at X - not 2X. If these people have the power to increase the total units of dollars by double, then they have the power to decrease the total units of dollars by half. They can keep half of the supply in their banks and cut off the flow to all but whomever they want to have the half of the supply they want people to have, and the effect of cutting the total supply of dollar units by half will roughly be an increase in the value of the dollar by double - confusingly called "deflation" because the result is lower prices. 1. Dollar supply is cut in half 2. Dollar value eventually doubles (once people understand that dollars are now scarce compared to when twice as many dollars were circulating) 3. Prices drop, or deflate, because the dollar value doubles 4. This isn't the first time this has ever happened, it is on a cycle, a schedule, and it is done on purpose by the people who have control over the total number of dollars, because they own the monopoly, because competition is against the law, just like discussion is effectively against the law. Obey. Be afraid. Pay. The cart is pulling the horse when the workers are not allowed to make their own money, finance their own mines, or discuss important things using meaningful language. Legal crime, for example, exists. Why does it not have a name?
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| Posted: Sun Jan 23rd, 2011 05:35 pm |
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515th Post |
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Joe Kelley Administrator
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Prepare for Doom Day low balling interest rates? What does that guy think the non-low ball interest rate is?
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| Posted: Tue Jan 25th, 2011 10:41 am |
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516th Post |
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Joe Kelley Administrator
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Warmup State of the Union I started and stopped at the following quote: "...hold a good deal of the surplus in the global economy..." Please understand that political economy is a result of the creation of surplus. A. no surplus B. no political economy If surplus does not exist there can be no political economy, and to see this important factor it may help to employ some historical examples. My favorite example of how there can be no political economy if there is not surplus is the boat ride made by Captain William Bligh after Bligh was forced off The Bounty by the mutineers. Example: The book Men Against the Sea chronicles the hardships that these men faced. As corroborated by Great Britain’s National Maritime Museum website, Bligh allowed each man twelve ounces of water and about two ounces of bread each day, with an occasional spoonful of rum or wine. He meticulously measured these out so that all were treated equally. Even these small amounts were later cut by a third. In addition to rationing their existing food and water, they caught sea birds out of the air and ate their raw flesh to supplement their meager provisions. That is a case where surplus does exist; therefore political economy can exist. It is important to know where the surplus is, what form the surplus is in, how much surplus there is, how much of the surplus is needed for mere survival, and how the surplus can be used to gain access to more surplus, assuming that there is enough surplus over and above the surplus required for mere survival. In conditions of abundance, who needs leadership? What is the demand for leadership during conditions of abundance? It may help to know the motive behind the demand for leadership during conditions of abundance, since the demand isn't such that the people demanding leadership are satisfied with their slice of the pie. I have plenty. When I need more, I can find ways to get more, and at that time I seek help in any way I can to find leadership guiding me toward that which I need or desire. I don't vote. What would be the point? If there were a box on the ballot that said: GAME OVER RESET I'd vote every chance I had to vote, city, state, national, or global. I even started such a vote myself: No More Legal Criminals Petition The idea didn't catch on, quite short of going viral. I thought I set the time duration to infinity, but the petition is now closed. I'll re-open it on my own site - because I still have that much power. No More Legal Criminals - Please Someone who has read Norm Chomsky's work, or Gore Vidal's work, or Eric Fromm's work, someone signing onto those perspectives, like me, more or less, have a near opposite viewpoint from what can be called "the herd", unkindly put, but arguably justified, is someone, like me, with a perspective that..., being opposite the herd, does not give credit to Obama, for doing good things, or even caring to do good things, good things are not on his agenda. Good intentions cover up the truth, good intentions are lies. How do you know when a politician is lying? Well, the truth can be funny, ask a Russian who lived through their political leadership economic woes. Example Everybody is 8 months pregnant. Read Solzhenitsyn if you prefer a more serious example. My guess at what the true State of the Union, my own warm-up, is such that there will be some half truths reported by the leader of the legal crime ring known as U.S.A. Inc. LLC. The surplus power available to them, at U.S.A. Inc. LLC, is under attack by the force of competition, and they know it, and therefore there will be legal crime maneuvering such as can be exemplified by one Warren Buffett Someone else may perceive the current state of the Union from a less critically moral viewpoint. My suggestion is to look HERE HERE and HERE if you truly care enough to test the validity of your viewpoint relative to mine. The corporate raiders are raiding U.S.A. Inc. LLC, and they are moving onto Asia. That is the state of the Union. I can explain in great detail. The Union itself is a confidence scheme, one perpetrated by people such as Robert Morris and Alexander Hamilton as those two and others set about their plans to take over the political economy of America. The people calling themselves Federalists were not Federalists, they were Nationalists, and they created U.S.A. Inc. LLC with their fraudulent Law known, affectionately by them, as The US Constitution. Back then there were many people who knew the truth, knew that the Law known as the US Constitution was a fraud, perpetrated by Nationalists hiding behind the false front of Federalism, and they fought against that fraud. Patric Henry for example, pulled back the curtain of lies, and exposed the evil within, to no avail, the best that the fighters against false "federalism" could do was a law called: The Bill of Rights - an empty veil itself. That is the sad truth; while optimism remains because, it seems, that the legal criminals, the parasites , legal criminals, are moving on. That, my friends, could lead to a political vacuum, and a wiser person that I could warn us as to what the legal criminals prefer to have in place here, as they leave here, and as that vacuum sucks in place that which will fill that vacuum. I'm going to return to the REAL news story.
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| Posted: Wed Jan 26th, 2011 10:46 am |
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517th Post |
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Joe Kelley Administrator
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War, why?
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| Posted: Mon Jan 31st, 2011 07:43 am |
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518th Post |
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Joe Kelley Administrator
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Another angle Although not supported by protestors (no doubt placing him under house arrest will give him a boost), ElBaradei's return to Egypt enables the American politicians to speak from both sides of their mouths -- supporting the protestors' rights while supporting their ally. How could they go wrong? The thought process in this country (and elsewhere) has been guided and controlled by mainstream media and pundits, many of them neoconservatives. Curiously, the 24-7 media and its pundits have steered clear of ElBaradei and his arrest.
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| Posted: Mon Jan 31st, 2011 07:51 am |
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519th Post |
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Joe Kelley Administrator
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Chomsky on the state of the dictatorship Part 5 time 3:00 onward: "massive social engineering programs to try and maximize wasteful use of fossil fuel"
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| Posted: Thu Feb 3rd, 2011 10:27 am |
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520th Post |
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Joe Kelley Administrator
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WWIII leverage The warning appears to be another case of U.S.A. Inc. LLC having lost what they falsely advertise as Full Spectrum Dominance. Has anyone ever seen a parent threatening a child once, twice, three, four times and as an observer you begin to understand exactly what the child is being taught, how the child is being conditioned to respond, and then it dawns on you that the child is the one doing the teaching, the child is conditioning the parent to act as the child demands, anyone?
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