BAD LEADERS CAN RUIN A CIVILIZATION.
Sarkozy Made Merkel Crucially Bad. Most Big Powers Despise The Biosphere Officially. Obama Loves Fire.
Abstract: Three Italians named Marios have put Merkel on the ropes. It turns out, as the head of the German Socialists pointed out in parliament, six weeks after the presidency went to a socialist in France, conservative Merkel changed her music completely. She signed on measures she had insisted were against the German constitution. Such as the mutualization of the cost of defaulting banks (why should that be will be made clear below).
Not just that, but, having fallen in a trap the French socialists set for her, Merkel has already modified the German CONSTITUTION, to please them. Overnight, literally. (As I had predicted would happen.)
Americans don’t even remember when their constitution was changed last. Actually the USA does not change its constitution, just details, by “amending” it. The lack of change is built-in as the USA has NO constitutional court (strictly speaking, thus explaining SCOTUS‘ fear to be seen playing with the constitution). France and Germany, having learned from the past, have constitutional courts, and that is helpful as European construction requires continual constitutional changes.
There are broader lessons in this. If just one man, a small man who ran all the time, after his own legs, the French Nicholas Sarkozy, could, all by himself, put Europe and even the world, in a huge financial crisis, how many of these dangerous mongrels are out there?
If one lover of private bankers, Sarkozy, arrogant in his rabid stupidity, could, all by himself, keep hundreds of millions oppressed throughout Europe, how come more people are not waking up to throw similar rascals out?
It is interesting to observe that the dividing line is not so much between left and right, but between those who think the state should serve the richest folks for all to see, and those who aspire to more subtlety. The fact that the French socialists conspired instantaneously with the conservatives in Spain and Italy shows this.
What Sarkozy and Merkel did, was to enable further ruin of national states in Europe. As there is no European Federal state, that came down to transferring ever more power to those who manage the globally corrupt financial system and those who profit from it, the global plutocracy and its servants.
Similarly, the contempt of the most influential leaders for the biosphere, evident from their absence at the Rio United Nations Conference On Sustainable Development, is exemplary of their contempt for life. So what do they admire? As my essay “Sage of Obama” demonstrated, they admire the creatures who have sustainable power, even if based on criminal practice, upon most of the People (see also PM Cameron below for insufferable hypocrisy). This is another drawback of representative “democracy”: it selects the leadership of those who crave for power, amutually admiring society.
THOSE WHO ADMIRE CRIME SHALL LIVE AS SERFS:
As long as one insists that mafiosi are good fellows, one will not get rid of the Mafia. So it was in the USA: the mafia was flourishing, until a number of movies (Including the aptly named “The Godfather“, and “Good Fellows“) demonstrated to the vast public that mafiosi, although charming in many ways, and craving for honor, were not just pillars of society, but disgusting criminals perverting all of society.
That new found revulsion gave justice and law enforcement the necessary context and encouraging mood to treat the criminals, as the criminals they were.
The same job remains to be done in global finance. As long as one insists that global finance mafiosi are good fellows, one will not get rid of the global finance Mafia. Justice will come, only after a mood of revulsion will set in.
The criminal problem posed by global finance is of course not of the same order of magnitude as the Mafia. The Mafia never brought the entire world economy to a halt, and never threatened the biosphere as we know it, with extinction. Global finance and its allies do. The danger they present is immensely greater. (I have also argued forcefully that global plutocracy was behind the various fascisms of the 1930s, including Stalinism, as Lenin himself foresaw!)
Some have made the additions, and found that the 2008 banking crash (which is still unfolding) was 100 times greater than the Savings and Loans banking crash in the USA under Reagan and Bush I. However in the latter case, more than 10,000 prosecutions and 1,000 condemnations against bank managers were obtained.
Under Obama, so far, none. Where there is a will, there is a way. However, microbes don’t even need a will to find a way.
Just watch most of the global finance loving leaders: they did not even bother to go to the Rio de Janeiro world ecological summit. Of the important world leaders, only the French socialist president Hollande showed up. The other permanent members of the UN Security Council do not worry about the security threat presented by the rising of the seas. Germany’s Merkel, anxious to build another 26 new coal plants, of course did not show up either. Fossil fuel Merkel will be fondly remember when Hamburg fights the rising ocean.
Thousands of the most important men in global finance should not be lionized as Obama did with Warren Buffet, or Dimon, or Rubin, Summers (See “Sage of Obama”). The mood of blind admiration for financial pirates has to be changed. By the way, such a change of mood happened with piracy, four or three centuries ago.
Piracy had started honorably (lettres de marque, corsairs). Francis Drake, who discovered the San Francisco Bay and beat off the Spanish Armada, was, with his colleagues, a corsair, a type of pirate. 150 years later the mood changed, because the pirates had gone too far, taking over entire island, making trade difficult for everybody. Then the states actively suppressed piracy. It did not take long, once Britain and France took the decision to do so: pirates were found, and hanged, from the Carribean, to the Indian ocean.
We are in a similar situation with financial piracy today: if the states cracked down, it would be over in a matter of weeks.
Actually, come to think of it, there was an even more spectacular precedent. Under the late Roman republic, preoccupied by civil war between the Populares and the plutocrats, piracy grew in the Mediterranean, to the point that there were pirate cities, pirate islands, and trade was being extinguished. When finally the distracted Roman government was forced to focus on the problem, it gave full powers to a young Pompeius Magnus to clean the Mediterranean of the pirates. It took him only three months, to everybody’s amazement.
Something similar happened in the Mediterranean, again, when France and Britain, shamed by the Navy of the USA, also took action against the pirates in Algiers and Tripoli. It is important to remember that what the naive and ignorant describe as simple colonial adventures did not start that way at all, but instead as military operations against imperialism (Napoleon in Egypt!), or against piracy (US Navy against Libya, then, decades later, Royal Navy against Algiers’pirates, followed, finally, another decade later, by French invasion… Or counter-invasion, as the French argued they represented Rome, which had been chased out by the Arab invasion of the late 7C).
So mankind has to learn to view financial plutocrats as the criminals they are. Common people do not know that global finance has set-up a machine to divert all of the world money to itself. Instead, in their naivety, they attribute what is criminal to a form of genius. One is reminded of the Bible, where the people chose to save the king of the bandits rather than the righteous Christ.
Common folks are mystified by global finance, as practiced today. They cannot know that it is just organized crime, because the machine is hidden behind non linear mathematics, and common people don’t know mathematics, even much simpler than that.
The Godfather, as incarnated by Marlon Brando or Warren Buffet has undeniable charm, the fascist instinct in man wants such a grandfatherly leader, but that’s exactly what the state of law is not.
The huge and prestigious banks Barclays, which has its own skyscraper in London, was found to have manipulated interest rates to its own interest, illegally. It was condemned to a fine of more than 360 million Euros. But its chairman stayed in place.
Curiously the daemons at the head of JP Morgan and Barclays, are named Dimon and Diamond. The former went to the USA House and Senate with giant presidential cuff links. The questions were polite: the senators and Congresspersons are on his payroll. And the other daemon, Diamond, in Britain, made sure to give to charity, for schools, millions.
They steal billions from taxpayers, and then give millions, and get to be called “philanthropists”. Singer Bono, for example, is a philanthropist; he makes billions from facebook, while singing about the poor, to enrich himself, and showing off with the president and other friendly plutocrats and their obsequious servants.
WITHOUT SARKOZY THE DISSEMBLER, MERKEL CRUMBLES:
Meanwhile the plutophile Merkel suffered a heavy defeat at the hands of the coalition led by Socialist France. Let me explain.
Mario Draghi was for six years a partner at Goldman Sachs. Goldman Sachs has been in the habit of making partners in its lucrative organization Europeans with high responsibilities (such as EC commissioners, some German, or central bankers, such as Draghi). This way they can be paid, for their attention while serving Goldman as apparently independent agents. Goldman thus rewards those who had its interests at heart.
The drawback for global finance, is that such officials, should they betray the criminals, know the method of the global financial Mafia, and where some the bodies are buried.
Draghi is now head of the ECB, the European Central Bank, and he suggested in June 2012 that a European Banking Union was needed. As it is now, when a bank fails the state the bank nominally belongs to, is supposed to step in. This is unrealistic, as the banks in Europe straddle borders heavily.
For example Italian banks owe more than 310 billion euros to French banks. German banks owe more than 200 billions to French banks, about what British banks owe to French banks, and French banks owe more than 125 billion euros to German banks. meanwhile British banks owe nearly 400 billions euros to German banks. Those who want to amuse themselves with these numbers can consult the BBC website (with its apparently misleading title, “Eurozone debt“, or is it a Freudian slip that, after all, to tell the real truth, Britain is in the Eurozone?).
Financial markets responded favorably to the June 28-29 maneuver, with Irish borrowing costs for 10 years dropping to their lowest level since the month before the November 2010 EU-IMF bailout.
The maneuver consisted into creating, soon, a European equivalent of TARP. So in the future, when a bank will fail, a common European fund will europeanize it (in contrast with nationalizing it).
“It is a first step to break the vicious circle between banks and sovereigns,” said European Council president Herman Van Rompuy.
Verily this circle is worldwide, even the Chinese Premier admitted that much… About supposedly communist China: he explained banks too big to fail, even in China, got their way, and that had to change.
The evening started badly for Merkel, who had hysterically celebrated the victory of Germany over Greece the week before (in the soccer cup). An Italian named Mario, black like charcoal, scored twice against Germany. Then he rushed to kiss his (white) mama, who had adopted him from Ghana at age two. Very touching.
Under Hitler, Germans whose fathers had been black French army soldiers, were forcibly sterilized to the German population’s rabid applause, characteristic of scared rodents. There were several thousands of those unfortunate mixed race Germans (as manly French soldiers occupied Germany a bit after the later refused to pay for its wanton and deliberate destruction of France and Belgium in 1914-1918).
Many Germans will say;”Oh, this was then, this is now, we Germans don’t revisit the past, and think guilt is passe’”. Well, now came from then. Some of what German officials said in recent weeks proved this again. Bundesbank official talked about the Greeks as if they were dogs. Just like then. Germans do not own the Greek currency anymore in 2012 than they did in 1941.
1941 was the year when Germany invaded Greece to extricate the army of the fascist Mussolini from its invasion of Greece in 1940, which had backfired. The Greeks were defeated by Hitler, but, just as the Battle of France a year earlier, the Battle of Greece caused enormous losses to the German armed forces. So, a few weeks later, it was a much diminished German army that attacked the USSR. For example the German paratroop corps was eliminated while taking over Crete, and would reappear, much diminished, only during the Vercors Battle of Spring 1944, the diversion insurrection that allowed D Day in Normandy to proceed (by diverting 20,000 elite German troops, including SS paratroopers).
There are human rights abuses in Germany now, some major ones, such as no minimum wage. One cannot claim to be superior when one uses slave labor, same as then. Does our children ever learn, as G.W. Bush, grandson of one of Hitler’s most famous collaborator, Prescott Bush, would say.
So back to Merkel. After the terrible black Mario had scored twice against the Mannschaft (“the team”), there she was meeting with the 26 other leaders of Europe. What an evening!
Suddenly, the conservatives in Spain and Italy made a united front. At 11pm, they said they were not signing the document they had in front of them. For all the talk of Germany’s crushing superiority, Spain’s Rajoy and Italy’s Mario Monti represent more than 100 million people, and more GDP than Germany.
At that point, unheard of in a European Union summit, ever, a leader rose and left. French president Hollande stepped out, in an implicit support to Spain and Italy. Merkel could not call on her mighty ally. She was all alone. where was Sarkozy the plutophile, when she needed him?
Several hours later, Merkel, and the plutocrats she represents, capitulated. Banks in need will henceforth be Europeanized, getting money directly from the ECB (thus not increasing the debts of states such as Italy or Spain anymore). Hollande came back, and signed. Merkel looked haggard. Two defeat at the hands of “super Marios” in 12 hours…
When Merkel went back to her Parliament to get the two thirds majority she needs to change the German Constitution, the (physically large) chief of the Socialists (she needed to sign on) ironically observed that what she declared, two weeks earlier, to be anti-Constitutional, now that the French socialist controlled the National Assembly, she pushed to make it into law.
Evil men can hide behind regulations, or lack thereof, but they can’t escape the justice of history.
To tell us there are no banksters does not help. One cannot stop the Mafia, if one call Mafiosi, good fellows.
WE CONSPIRE & HATE THE BIOSPHERE, What’s Your Problem?
If just Sarkozy could prevent progress on a banking union, what can a conspiracy of anti-ecological leaders do? At the Rio ecological summit, where the subject was saving the biosphere, none of the most major leaders were present, except, once again, France’s socialist president Hollande.
Dr. Merkel went back to Germany, busy, as she is, to build 26 new giant coal plants. Australian leaders did not show up: after all Australia lives off coal sold to Asia. Putin runs a petro-gas state. China breathes coal and the mercury vapor burning coal provides with, perfumes the atmosphere, forgive our mental retardation. Obama beams from fracking and the plutocrats he feeds, just as they feed him.
British PM Cameron is beyond any decent description: he now fights what he calls a “culture of entitlement“, by removing subsidies to those who cannot afford lodging. I guess, he fights himself, as he was born with ten gold spoon in his mouth. PM Cameron inherited a considerable entitlement, he is in the know. And see: he does not need help, this is the proper culture of entitlement.
Cameron’s father was a stock broker and then an off shore fund manager, presumably not to pay more taxes; an ancestor was king; the Sunday Times Rich List compiler Philip Beresford, said: “I put the combined family wealth of David and Samantha Cameron at £30 million plus. Both sides of the family are extremely wealthy.” Yes, let’s fight the entitled, Camie boy!
Meanwhile the USA is experiencing record high temperatures, fires are burning, Obama shows off with the muscular firefighters among the smoldering ruins. No need for a carbon tax, we are already burning. Pathogens make history. The Arctic icepack is tracking at record lows. The poles are melting, the plutocrats are reigning, what could go wrong?