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Thursday, October 6, 2011

OWS: Of Revolution, Chaos, Mayhem and a Global Coup

It didn't have to be this way. The revolt that has been brewing for the last couple of years, that temporarily came to the eruption known as "the Arab Spring", is now on its way to the West. It is at present converging on Wall Street #OccupyWallStreet and Brussels #OccupyBrussels #Revolution_info #globalchange.

- The New Counter Cultural Revolution, same
as the Old Counter Cultural Revolution -
The apotheosis of this 'spontaneous, grassroots rebellion' is foreseen for some time next week. It's a wide range far lefty outfit, consisting of midguided libertarians, #Anonymous Wiki Leaks supporters, eco fascists, anti consumer brigades, anti globalists, unions and other rag tag lefty causes. For an illustration visit Occupy, a global action site against banks and banksters.

Spooky Dude, SoroS' money is involved (just as it was in the Arab Spring).  Now here's a tentative hypothesis about the next move on the global chess board.

Although the Obama regime's closest friends are keeping shop on Wall Street, let's not kid ourselves where loyalties lie. A Limbaugh informer has confirmed Obama needs rioting in the streets to fan his re-election strategy for class warefare.

In 2009 the Obama threatened the bankers: I’m the only thing standing between you and the pitchforks. They didn't behave; so here are the pitchforks.The movement has a synergy with the regime, and its policies of entitlements, class war fare, mob rule, virtual money printing (QE), and tax and spend.

If you want a good laugh, here's their list of demands consisting entirely of entitlements. Oh, but that's not us. This is just dizinformation to confuse "irresponsible news/commentary agencies like Fox News and Mises.org". Confused? Nah. You won't be after reading the official demands issued by a rival lot (don't miss the page on spirituality!).

- The anti corporation agenda of Occupy,
attacking the very source of jobs, wealth and value - 
The Europeans are on the side of deep cuts and austerity. On 17th September we saw how tax cheat Timmy Geithner warned the assembled European FinMins. Today he'll testify to US lawmakers that "Europe’s Financial Crisis [is] Increasing Risks to Global Growth", calling for a more “powerful financial backstop” for European banks and government borrowers, one that is “conditioned on policy actions that credibly address the underlying causes of concern.”

Have Obama's commie Americans been plotting a coup against Europe? They sure are on the side of international Socialism. According to good revolutionary theory chaos and mayhem is the way to accomplish it. Besides, you're so much more persuasive if a few million useful idiots in the streets are screaming their affirmation.

As said, it didn't have to be this way. Here's a word on solid money, backed up by gold. Never again let it be said after Rousseau, that the rich are getting richer and the poor are getting poorer. It was never true, but certainly not since 1980, thanks to
(...) Professor Robert Mundell, the primary source of the original supply-side manifesto, “The Mundell-Laffer Hypothesis,” which led to the low-tax-rate, strong-dollar policy at the heart of Reaganomics. The world’s GDP in 1980 was around $11 trillion, reports the World Bank. Today it is around $60 trillion. Mundell had much to do with this. The added $50 trillion-per-year capitalizes to over $100 trillion in new wealth — even when adjusted for inflation. Lower tax rates, free trade and more stable currencies moved something like 2 billion people out of dollar-a-day penury into prosperity. That achievement arguably makes Mundell the greatest living humanitarian.
Forbes: "The Emerging New Monetarism: Gold Convertibility To Save The Euro"

Then, a reminder who stood at the birth of the single currency: staunch Europeans like Delors, Kohl, Schroeder and Dr Lubbers. Margaret Thatcher wasn't able to prevent the approach to a European super state. Read in an atmospheric article on the history of the plojri how Utopianism trumped common sense -

Der Spiegel: "The Ticking Euro Bomb - How a Good Idea Became a Tragedy"

Why the mistakes that would later threaten the euro were already made in the foundation phase. How Greece and other countries cheated their way into the monetary union. Why the common currency is a trillion-euro bet made by politicians against the markets -- and one that they would ultimately lose. (...)

The true problems were not addressed in the wake of the Jan. 1, 2002 introduction of the euro. Despite all the declarations of intent in Maastricht, the 12 new euro countries drove up their debt by more than €600 billion in the five years of preparations for the introduction of the euro. By the end of 2002, they had a combined debt of €4.9 trillion, with Italy's debt alone amounting to €1.3 trillion. (...)

Rogoff observed that a trans-Atlantic rift was developing between two groups of economists. The Americans and the Western Europeans, who usually more or less agreed on key macroeconomic issues, were suddenly arguing to the point of insult. The Europeans accused their overseas colleagues of failing to recognize the historic processes, the grand vision and Europe's great leap forward. The Americans, dry and pragmatic, accused their European counterparts of downplaying the risks. Once again, they felt that Old Europe was being overly romantic and blind to reality. (...) >>>

To be continued.

Related posts:

- Pomoland: "Viva La RevoluciĆ³n! On the Barricades! A la Lanterne! NOT"
- Pomoland: "EUtopia: the debris of failed state megalomania"

Related files:

- "Money and Economy"
- "The Urban Guerrilla"

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