March 28, 2013
B= Brazil (Gold)
R= Russia (Gold)
I= India (Gold)
C= China (Gold)
S= South Africa (Gold) South Africa alone, holds <40% of world gold reserves.
For the lighter side see http://futurenewsheadlines.wordpress.com/
March 19, 2013
Balance is not achieved by “bailouts” or protection of “too big to fail” businesses and banks. you gain balance through competition. Balances isn’t gained by treating those who’ve been associated with ethical impropriety, like deities. Giving them huge bonuses, as if tithing to god.
You create balance when there is competition. This would exclude the act of making “too big to fail”, even larger.
Competition relies on choice. Choice between the medium and the small institutions competing for your business and deposits, with ethical services and care for their customers, “the savers”. A punished class today and tomorrow, if such trends continue.
This is a supply and demand, capitalist structure. A structure that has been totally lost since the end of 2007.
So many things have been and will be lost with this quiet and complete change. The confusion was a created crisis. The prefect cover and misdirection to keep the public blinded by distraction.
With our change and the worlds change, to saving banks because of their own poor derivative sales purchases and frauds, opposed to protecting their citizens voters and people tells me, the battle ground is now the public’s fight against an elite, power imposed Neo-feudalism .
February 13, 2013 1 Comment
If you are rich and don’t like how you’re treated, you immigrate .
If you are poor and don’t like how you’re treated, you self-immolate.
I believe this describes nicely, where we stand on the realities of wealth disparity, and a class war most ignore. Which, in our ongoing patriarchal ignorance, has re-pressurize Sexism and Race issues, with the subconscious fears of white men. Irrational fears In my think, but common to politicians and bankers.
They always believe they are moments away from losing the only thing they hold dear. ” Their Power”.
I look at current conditions and trends, and those who control multinational companies, financial institutions, and western government as the wealth siphon from the bottom up continues.
I expect both practices of rich and poor to grow, using Greece as the template for my theory.
December 22, 2012
I wanted to write something of my thoughts, about what I feels is an odd change in us and our thinking. Personal and corporate. I’ll start with family. My mother is careful with all she has. When I think about her kitchen, there are things my eyes are drawn to, that have been around for decades. An example of that is a set of knives. I’ve used knives as a professional, and these are great. They are also, over 40 years. old. I find that amazing, because I think we all know now, that the Ginsu with all the wonderful advertising through commercials and infomercials, are a waste of 20 bucks. That’s still true, no matter how much free plastic they give you with it. To send it back under its lifetime warranty, a waste of time. Why a waste of time? Because all you get back is another crappy knife. I think this shows nicely, the change we’ve gone through, in what is actually a very short time.
I believe this says something about where we are going, as we slip into our self imposed future. A disposable future . The rise of the infomercial age and beyond.
I remember when you bought something, not already thinking about your next something. This is caused by, the changed expectations we now have for our purchases. Actually planning to spend money on the same type of product again, as soon as we buy or finance our new “Thing”. Why? We know, even though no one said a word, that what we spent our money on won’t last.
Cellphones are on two year contracts, which is good because you can’t rely on it lasting longer. Televisions are made to last 5 years. Cars 5-7 years, for a regular driver. Clothing’s made to fall apart, permeates the market. But that’s really not the manufacturers.
In the late 70’s early 80’s advertising and marketing professionals, created this market of lowered expectations. It appears, as our consumer confidence waned in American made goods, it became easier to allow the overseas manufacturers to flooded our markets with goods. Not all of these products were poorly made, but a great many were.
Then pop culture, with its quickening pace and the jaded new generation of consumer, gained purchasing power. Consumers who grew up with no expectation of reliable goods. When they met our economy full on, the mix of the two, consumer and manufacturers, truly lowered the perceived standard of quality and construction. As a business, why strive to make a quality, long lasting product at a good value, if none of your customer have that expectation of a product? You meet the quality the consumer expects, and keep your costs, and the consumers cost, down. The theory being, if your customer only expects to buy crap, and does so, give them crap.
Remember, the only responsibility business has is to their stockholders, even if they are considered “persons”. A concept, I never seem to be able to wrap my head around.
I think with crappy products, we as Americans should be happy all these poorly made goods don’t come from here. (most of our manufacturing base is gone). We need to stop wasting our money, encouraging this behavior from consumers, corporations, and manufactures. I like the idea of buying American, but that’s not now possible in our new world economy. So, I’d like us to be “Smart Consumers”. When I say that, I’m not so much thinking about big-ticket items, as I believe most of us at least try to make quality decisions there. Trying, is all I ask.
Where I think we fail is in everyday items. I make jokes about dollar stores. I shop there myself, but still I feel the same. I see a ton of things that will be tossed away. Why not buy a pancake spatula that will last, and won’t melt the third time you use it? Doing this is only causing you go spend another dollar for a new one. And trust me, that new one will do just the same as the first. I really feel, we would be better off making more quality goods and more quality durable goods. Even if they cost more, like the old Curtis Mathes Televisions.
I’d like a manufacturing base returned to us, that was more than building machines of war. I’d like to have a better export to offer, than Hollywood movies. I’d like to bring back an expectation in reliable goods, and fill that niche with our countries high quality manufactured goods. I believe we would succeed in the world market, even with higher priced product, because of the quality and durability. It’s possible, because we know we can back those goods, with a promise of quality and service. Because of our pride, knowing we make the best products. There is pride in being able to say, “Yes our products are the most expensive in the world, but unlike the others, ours are darn well worth the price”. I don’t want us to continue down the path we’re on, to our self imposed, “Disposable Future”.
November 28, 2012
Does logic enter the discussions about bailouts and austerity? It seems it’s not. It is an error to think that those who are struggling will follow along blindly. The EU leadership here, is the cause of escalating protests. Protests frankly, that will only grow. I expect the growth will continue exponential, as the public outcry reaches critical mass.
This difficult situation is almost built into the system, and set to occur, because of the high percentage of youth unemployment. It will grow because further jobs are now set to leave the most volatile economies of the Euro zone. Even as the powers that be try to flood the media with stories of the latest trouble being averted.
The reality, when looking at the nature of man and the basic requirements to support life, the circumstance causing these protests were set from the very start. Especially when the disenfranchised are the most energetic and educated about the practices in politics, but are left with nothing to do.
Jobs, or rather the lack of jobs, are the issue. They however, have been left out of the austerity talks, between struggling economies and the troika. This only shows that people, citizens of the EU nations, are secondary to creditor requirements.
The Government is in place, or was, for people. This emphasis has certainly transformed itself into a government against the people themselves. Suffering and famine of the people is now acceptable. The suffering and famine of non-living entities are now the unacceptable outcome.
I can see many possible futures, for the EU . My most hopeful future, has human interests returning to dominance. My logic says the trend will continue and protests will grow and spread even more. I worry though in this trend that protest and protesters will fall under harsher and harsher retaliation. I can even see a form of martial law coming into effect, to keep protesters as silent as possible, as debt caused by bailouts grows.
The reporting on these EU protests are somewhat down played, and the true reasoning behind the protests are seldom given much airtime. But then again, when were the young people’s voices last heard? I’m thinking those protests were last heard protesting past foreign wars.
This tone through the EU will to continue, with the Elite ruling classes ignoring the citizens needs, for that of the financial industry as it deals with repayment of debt. This after making obvious poor choices in the financing of sovereign debt. A condition for which they only have themselves to blame. The powers that be however, punish the citizen worker, to pay back loans that were erroneously given and taken because of artificially low borrowing costs.
Still even seeing the possible outcomes, I say protest on. I feel as if the citizens have been literally sold-out, by their leadership. And maybe it’s a good thing the protesters, for the most part, are young. They will have the energy to carry on the fight for awareness. Exposing the plight of the young and poor, the disenfranchised people of the EU. Godspeed.
November 24, 2012
Once again I am confused. It happens to me every Holiday season. In my life I can say, I’m not exactly what most would consider normal, as it deals with Material Culture. You see, I don’t worry about things like grease spots on a shirt, or water spots on silverware. In my life, situations like an overflowing toilet, are not what I consider a crisis. It won’t ruin my day, or cause some kind of Drama trauma. I also, in my reasoning, don’t hunger for the latest, in vogue, electronic gadget. These things have little importance to me on the grand scale.
Having these beliefs and ways, I come into conflict with the programmed consumerism, that’s exaggerated this time of year. It’s a sad spectacle for me, not understanding the drive. Black Friday participation, seems more like a programmed Borderline personality disorder of the consuming public, to me. In this manifestation, the retail businesses are simply the enablers. Businesses who put a small number of crazy low-priced goods, know what they are stimulating. They desire the feeding frenzy, of consumers driven temporarily insane. They need those who are willing to stand in line, and wrestle around for overpriced plastic or electronic goods, to pump their bottom line for stock holders. Goods manufactured abroad. Products that have possible directly or indirectly taken the job of a friend neighbor or family member who’s struggling to find work or stay in their home.
The once a year manufactured buying frenzy, not only has caused a portion of the previously mentioned jobs housing issue, but it has also caused a loss in perspective as to the true nature of such holidays. Here I’m not talking about the religious connections, but the connection of people, as they gather together in warmth and friendship, peace and love.
I hate to say this during the holidays, and considering difficult economic times with large unemployment figures and massive private debt, although that’s seems to be slowly being whittled away, but this massive frenzied consumerism of foreign-made goods, with built-in planned obsolescence, is only taking the unemployed, under employed, and blue-collar union workers, whose jobs are being shipped overseas, is only serving to shoot those groups in the foot. Hobbling their own futures.
In this annual, traditional, manufactured insanity, I believe the consumer forgets they have a vote here, within this insanity. Forgotten or unknown to shopper, is the ability to vote with their dollars. They forget this power, or simply ignore it to their detriment. You see in this craze, there are moral and ethical choices to be made. The chance to not buy from companies who utilize slave or child labor, is only one. To say with a purchase of one manufacture goods over another, that you approve of the higher standard of business ethics they keep over, above, and beyond their competitors, is another. I also don’t think basic workers rights, or the opportunity to buy goods manufactured in your own country, can be ignored either. And these are only a few ways to vote with money.
There is nothing wrong with being a consumer, we all are. There is an issue with being an ignorant consumer, that cuts their own future fiscal throat. The rights or wrongs are not mine to judge, I merely opine here on the present condition. I do think however ,that during the Seasonal Shopping Wars, that an ignorant consumer is tantamount to cannon balls, shot at our nations economy. Economic traitor, who needs consumer re-education. So they too may realize their own folly, in causing themselves economic damage. I’ll add to that also, so they quit shooting those who are already educated, thinking shopper, in the damn foot. Hobbling to an extent, our own economies growth and job production.
My wish only wish for the consumer portion of the holiday, is that there are more of us doing the right thing when it comes to Voting with our seasonal shopping dollar.
November 19, 2012
This is an interesting quote, from the Congressional testimony of Gen. David Petraeus, on March 16, 2010 . “The conflict foments anti-American sentiment, due to a perception of U.S. favoritism for Israel,” (Petraeus said in prepared testimony). “Arab anger over the Palestinian question limits the strength and depth of U.S. partnerships with governments and people’s in the [region] and weakens the legitimacy of moderate regimes in the Arab world. Meanwhile, Al-Qaeda and other militant groups exploit that anger to mobilize support.”
I thought this statement was quite revealing , when looking at the Gaza-Israel situation today. Especially as the operations continue to escalate. It shows in this statement alone, that these conflicts we are involved in, or are US approve of, are set to continue, no matter the sentiment of the people. The destabilization of an entire region will continue, as it’s desired by those who influence our policy makers.
It seems the Managing Editor for Reason.com, Tim Cavanaugh, was wrong in his statement on October 2 2012. In a television interview Tim stated, “The Military is not a Jobs Program”. It’s clear now, his sentiment wasn’t heard by the powers that be. The only group possibly pleased by an increase in international conflict, has to be the Military Industrial Complex.
I’m sure the citizens of The United States and Britain, will see their top military and political officials, making even more sales trips abroad than usual, for their country’s military and defense contractors. We have to keep that fake economy, based in military conflict, Exploding.