Archive for the ‘Economy’ Category

Plutocracy: Epigenetics, Not Just Wealth And Democide

December 12, 2016

CHOMSKY FINALLY AGREES WITH PATRICE AYME: AMERICAN DREAM DIED BECAUSE OF PLUTOCRACY… But Chomsky does not go as far as using the word. And that makes him, and his devoted followers, miss the EPIGENETICS OF EVIL. Thus they complain about the fleas, not the wolf carrying them:


America did not start as a plutocracy in the sense of an extremely wealthy class ruling. Jamestown was like that, but was it was a tiny hamlet fortress. Then England, wrecked by civil wars and revolutions, lost control of its American colonies until the 1700s. Attempts to make Lord Penn the ruler of Pennsylvania ended up in the American Revolution. Washington, Jefferson, and Al. were very wealthy and somewhat satanic, as they held slaves, but they were small fry relative to European plutocrats, who were much wealthier, and much more satanic.

And on it went. The Confederacy was to some extent a plutocratic revolt centered around the idea of buying, selling and abusing people as if they were chicken: it failed.

The first US billionaire was Carnegie. Carnegie was far left, advocating 50% tax on the wealthy, and punishing estate taxes. His widely advocated ideas brought a mood conducive to the passage of the anti-trust act under President Teddy Roosevelt. 

Inequality Fosters Plutocracy, The Rule, Not Just Of Wealth, But evil & Bad Genes

Inequality Fosters Plutocracy, The Rule, Not Just Of Wealth, But evil & Bad Genes

So when did the US democracy go bad? JP Morgan, a banker, escaped the anti-trust thrust.   Dr. Schacht, a German banker cum economist joined the Dresdner Bank in 1903. In 1905, while on a business trip to the United States with board members of the Dresdner Bank, Schacht met the famous American banker J. P. Morgan, as well as U.S. president Theodore Roosevelt. Schacht  became deputy director of the Dresdner Bank from 1908 to 1915. Meanwhile, when Wall Street collapsed in 1907, JP Morgan “bought all of it” (or at least a big part of it), bringing the market around.

By 1914, US plutocrats, and the racist president Wilson, conspired with the Kaiser, enabling the Kaiser to hope to destroy his enemy, the French Republic. That magnificent plot backfired on Germany when Great Britain declared war to the Kaiser within days of its attack on France.

But it did not backfire for the USA: the US supported the Kaiser for three years with ammunition components, etc., while the UK and France piled up debts to the USA. More exactly, US plutocrats made a fortune, while putting the UK and france in their debt.

In 1919, US plutocrats made it so that German fascists could have another go at the French Republic. Meanwhile, the US requisitioned giant amounts of German private property, then transferred that to US plutocrats, finishing the deal by burning the records of these transactions, in a highly convenient blaze. I am not joking: the cause of the burning of the Commerce Building on January 10, 1921 was never determined: rats, smoking were excluded, and electric wires kept new and perfect. The fire started in the file room, was all over in a couple of minutes, and lasted five hours.

In any case, the US became the de facto overlord of the so-called “Weimar Republic” (the official name was “Second German Reich”; Hitler changed it to “Third German Reich” in 1935). That enabled US plutocrats (some of them Jewish) to turn around the US antitrust law.

The symbiosis between Nazism and US plutocracy was total, including the latter giving birth to the former. Dr. Schacht was central in this (and that’s why he was judged and exonerated, as one of the top 24 Nazi war criminals in 1945 at Nuremberg).

To win the war, the US became, de facto, a sort of social democracy. It slowly went back to plutocracy when Nazi operators and collaborators such as the Dulles brothers, took control of the USA in the 1950s. A quick learner and follower, R. Nixon, became president in 1969, setting up the HMO system, while making an alliance with the Chinese dictatorship.

Ford, Carter, Reagan, ramped up the plutocratic pressure. The dam broke under Clinton, who actually dismantled the MOST IMPORTANT legislative piece of president Franklin D Roosevelt’s long presidency: the Banking Act of 1933 (“Glass Steagall”).

The Deep State, suitably plutocratized then established a number of evil corporations which were used as intelligence agencies (internally and externally). This is when Sheryl Sandberg was parachuted from the Treasury Department where she was the official girlfriend of Lawrence Summers (successor of R. Rubin, ex- Goldman Sachs chair) to Google and then Facebook (she will meet with Trump Wednesday).

Inequality grew.


Chomsky, A Crow On Its MIT Branch, Crowing Lugubriously:

That was for the causes. Chomsky started to condemn the “financialization” of the USA for the acceleration of inequality in 2013, under Obama (Patrice Ayme explained that it was caused by the abrogation of the Banking Act, already more than 10 years ago; Chomsky vaguely describes, Patrice explains…).

Here is Chomsky’s latest description: “The ‘American Dream’ was all about class mobility. You were born poor, but could get out of poverty through hard work and provide a better future for your children. It was possible for [some workers] to find a decent-paying job, buy a home, a car and pay for a kid’s education… It’s all collapsed — and we shouldn’t have too many illusions about when it was partially real… The so-called American Dream was always based partly in myth and partly in reality.” Chomsky said, noting that Americans are losing their hope due to “stagnating incomes, declining living standards, outrageous student debt levels, and hard-to-come-by decent-paying jobs.”

“The inequality in the contemporary period is almost unprecedented. If you look at total inequality, it ranks amongst the worse periods of American history… However, if you look at inequality more closely, you see that it comes from wealth that is in the hands of a tiny sector of the population…

The current period is extreme because inequality comes from super wealth. Literally, the top one-tenth of a percent are just super wealthy,”

Chomsky describes. One of my trusted commenters asked me recently what I thought of Chomsky. A philosopher is not just a botanist. A philosopher would explain. Chomsky also avoid to use the concept of “plutocracy”. He describes it, he describes how wealth, being powerful, grabs power.


Plutocracy, Epigenetics of Evil:

However, that comes short. Very short. Chomsky does not dare to cross the semantic Rubicon of calling it for what it is, the genetics of evil.

This is why Chomsky clings to the idea that the American Founders debated what is at stake now. Now, they did not: the Internet has changed everything, starting with the minds, the moods, hence the genes, or the genetic expressions, to be a bit more precise. We know that fishes in a changed environment, change genetically. Females can become not just males, but super males.

Plutocracy is not just the rule of wealth. We know, from studying epigenetics in other species, that animal behavior influences genetic, let alone neurohormonal expression.

The absolute power of enormous wealth does not just corrupt absolutely, it corrupts genetically.  

Complaining about the fleas is good, but seeing the wolf carrying them, better. Wisdom is not just about seeing, but doing it better.

Patrice Ayme’

Obama, Clinton: Stealthily Regressive

November 2, 2016

So much lying! So much naivety! Oh Blah blah! Obama! Obamacare! Obama cares not: yes, GDP of the wealthiest, the .1% has been growing. But, in truth, Clinton and Obama were the most stingy presidents of the last 66 years. Far from being progressives, they were the top two regressives and regressors. Here is the graph:

Clinton And Obama Were The Less Progressive Presidents In 66 Years

Clinton And Obama Were The Less Progressive Presidents In 66 Years

I do not expect the insulting fanatics who worship Clinton and Obama to understand the preceding graph. Let me explain a bit more for the others.  The graph above looks at United States government purchases of goods and services. It looks at the purchases at all levels: local, state, and federal. Such purchases are, actually buying real stuff, and work, in contradistinction with transfer payments like Social Security and Medicare.

[Why was there a decrease around 1950? Because of super giant spending due to the Second World War, just prior; after that enormous spending, a retrenchment was in order. However, notice that President Ike brought up spending to 25%! Thus, if one makes, say a five-year rolling average, Clinton and Obama are the lowest in Net Government Investment since… President Hoover; that was 83 years ago; and even Hoover did the Hoover dam, and much more. One can advantageously consult “Wealthcare Endless Summers“.]

Obama has been far from presiding over a huge expansion of government the way he himself and the right-wing, Neoconservative fanatics who now support Hillary Clinton, claim. As a matter of fact, Obama presided over unprecedented austerity, in part driven by spending cuts at the state and local level. Thus it is an astounding triumph of misinformation and disinformation that lackluster economic performance since 2009 has been interpreted as a failure of government spending. Let’s zoom in on Obama’s first term:

Obama Cliamed He Was A Big Spender. Instead, He Spent Big Only On His Friends, The Plutocrats, Soon To Provide Him With Beaucoup Bucks

Obama Cliamed He Was A Big Spender. Instead, He Spent Big Only On His Friends, The Plutocrats, Soon To Provide Him With Beaucoup Bucks

Here it is, massaged differently:

Clinton And Obama, By The Measure Of Annualized Growth Of Real Government Spending, Were The Two Most Conservative US Presidents

Clinton And Obama, By The Measure Of Annualized Growth Of Real Government Spending, Were The Two Most Conservative US Presidents

[Source: Economist View.] So now the hysterical ones on the pseudo-left tell us that Hillary Clinton is not at all like Clinton, Bill, her husband and Obama, her supporter. It is indeed likely: Clinton says she will spend more in education and infrastructure. How much she can deliver with a hostile Congress, is something else. However, Trump has clamored for more government spending since ever. Trump lambasted the decrepit infrastructure of the USA while Obama (and Clinton), in chief command, did nothing about it.

I have said that government spending should be massively  augmented, for years. (But intelligently augmented, a big but, not a big butt!) Even Krugman, the Clinton sycophant, has joined my long held opinion. Here he is, in August 2016:

Time to Borrow, by Paul Krugman, NY Times: …There are, of course, many ways our economic policy could be improved. But the most important thing we need is sharply increased public investment in everything from energy to transportation to wastewater treatment.

How should we pay for this investment? We shouldn’t — not now, or any time soon. Right now there is an overwhelming case for more government borrowing. …

First, we have obvious, pressing needs for public investment in many areas. … Meanwhile, the federal government can borrow at incredibly low interest rates: 10-year, inflation-protected bonds yielded just 0.09 percent on Friday. …

Spending more now would mean a bigger economy later, which would mean more tax revenue…, probably be larger than any rise in future interest payments. And this analysis doesn’t even take into account the potential role of public investment in job creation…”

In any case, no president did worse than Obama, except for skirt-chaser-thanks-to-government-clout Clinton. Would the Clinton of the future be different from the Clinton of the past? Hillary hysterics foam at the mouth, and assure us, that such will be the case. However, as many called me a racist, xenophobe, fascist, hater of Muslim People, Trump lover and even less flattering term, in public, on the Internet in recent days, I now strongly doubt that they are capable of informed judgment.

Yes, be it Hillary or President Trump, real government spending will grow. Both from what they said, and who they are (Trump is a builder used to take loans and invest rather profitably). But also because, after eight years were Obama “signature achievements” consisted in bombing weddings in Yemen, in “signature strikes”, and deploying the health plutocrat friendly (think Buffet) Obamacare, real government spending could not be any lower.

Or then, it was a farce: consider the US government spending on Elon Musk (a South Africa born entrepreneur). If Trump is elected, SpaceX is gone in a year. And so it will be all over: watch Amazon go down in flames. Yes, I do finance heavily my local bookstore, and yes I purchase only two books once at Amazon. Nobody os perfect.

But those who say that Clinton and Obama were progressives, are either liars or ignorant, or cruel, or all the preceding. It is one thing to no be perfect. It is another to wallop in error: to persevere in error is diabolical, the Romans said (“perseverare diabolicum”).

Again, look at this:

I invest Nothing For You People, Becausae You Are Unworthy. Call Me Progressive, Like The Annaconda Who Progressively Squeezes

I invest Nothing For You People, because You Are Unworthy. Call Me Progressive, Like The Anaconda Who Progressively Squeezes

[Notice the dearth of spending under Clinton. Pelosi-Bush invested, until last 3 months of 2008, when Pelosi-Obama signed on Bush’s Sec. of Treasury Paulson’s plan. Pelosi-Obama invested in plutocrats thereafter (mostly, although there was a small genuine ‘stimulus’ which worked wonders).]

I expect feeble minds and cultural retards to not understand such a graph. They will probably revert to insults. And I do not expect them to understand what this means for analyzing the reasons for the frantic support of the Obamas for Clinton. You see, ultimately, investing is a zero sum game, in the instant: the US government did not invest, because all its discretionary money went to plutocrats. And this is why the Main Stream Media, held by plutocrats, is so anti-Trump. Trump, who is one of them, plutocrats, know very well where the investment streams are going. If Trump wants a bigger name, and he does, he will have to divert them, towards We The People. And all and any president, but for Clinton, did this, investing in the USA, better than Obama did. Since president Hoover.

In retrospect, those who wanted progress, at least by the measure of investing in the country, should never have voted for Clinton or Obama. How can one hope that the creature closest to them would be any different?

Patrice Ayme’

Brexit Idiocy In One Picture

July 11, 2016

Hard core Brexit idiots pontificate that they will renew their ties with the British Commonwealth and the USA. As if the quaint British monarchy imported from the Netherlands had anything in common with the hyper violent, domineering American republic, a country of immigrants, a world country, the world’s hyper power, which can purchase anything… but a soul, and a past it is ready to admit it had. The proud British are, relatively speaking, Europeans, and they don’t even know it.

Here is the European situation, the web of relationships, with the spider in the center, depicted with the most basic mathematics, set theory. I present to you the spider and the fly:

The Situation Is Even More Complicated Than That: Switzerland, For Example, Has More Than 600 "Bilateral" Treaties With The European Union, And Has To Respect Free Circulation Of European Citizens.

The Situation Is Even More Complicated Than That: Switzerland, For Example, Has More Than 600 “Bilateral” Treaties With The European Union, And Has To Respect Free Circulation Of European Citizens.

[Nota Bene: the GDP numbers above, due to the tremendous immigration of people and capital into the United Kingdom, the UK, due to the laxity of France and Germany, brought an extreme overvaluation of the British Pound, and a swelling of all things British. This house of cards is collapsing: British GDP has now shrunk below French GDP, in barely more than two weeks…]

Switzerland voted against the Free Circulation Of European Citizens, including Croatians, in winter 2014. Some sanctions were applied by the EU on an aghast Switzerland, the next day. However, Switzerland still has to accept everybody. Should it change that requirement, Italy, France and Germany would block the borders, and let Switzerland die. Really, not kidding: Switzerland has only one refinery, producing 25% of Swiss fossil fuels, and it gets all its raw petroleum through a pipeline, from Marseilles, France… Thus, Switzerland will have to vote again. Or learn to ride horses again.

Why is such ferocity welcome in enforcing European unity and free circulation? Simple: Enforcing cogent, fully informed reason upon, and by, We The People, is the best way to avoid war. Thus war tends to happen when unexpected.

Europeans have bent over backwards frantically for twenty years to accommodate increasingly crazed, selfish, grotesque, hypernationalist British demands.  The British thanked the rest of Europe by an insulting vote. (Remark: the Swiss referendum was just about refusing the diktat of free circulation of any EU citizen; it was NOT about rejecting the 666 treaties with Europe… Although of course, it could have this consequence… Nor, a fortiori, the European Union )

Right now Europe is suffering from three mentalities:

  1. The first problematic mentality was English sabotage. The English entered the “ever closer Union” and decided it was just a free trade “club”. Basically NAFTA. That was a lie, a breach of trust, and a betrayal. No wonder so many European leaders are keen to get Brexit done. For twenty years, English governments have prevented the built-up, in-depth of European laws and institutions. Instead of electing the head of the European Administration (“Commission”)  directly, by the People’s vote, one still uses the ancient system of nomination by the heads of governments. That sort of undemocratic blockage was the work of English Europhobes, mostly.

Fanatic Brexiters insist they never voted for a European “Superstate”. That is not just a total lie, but it means they want Europeans, and their ex-colonies and present allies, to be ruled by Superstates (USA, Russia, India, China).

2. The second problematic mentality is the fact that the European defense system is mostly operated by the French Republic, which is supposed to pay for it, while leaving its deficit below 3%. Logically, French tanks should first roll through Brussels, Luxembourg, Belgium, Lichtenstein, while addressing an ultimatum to Eurozone member Ireland, and force all these miscreants to pay taxes. (Since Germany has the same problem as its sister republic, France, it would rather applaud the usage of force… which is exactly what both of them did, with the help of Italy, to pressure Switzerland that way… It helped that the latter was not a founding member of the EU, and a rather small fish.)

What about the refugee crisis? Well, go back 17 centuries: the Goths, fleeing the Huns, invaded the Roman empire. Initially, the Goths came as refugees, and were allowed in. Later, even more Goths, now fully armed, came in, and thew Roman Empire said no. The solution? Have an army strong enough to kill the Huns. This was finally done in France, 80 years alter. First the inhabitants of Orleans inflicted a defeat on the Huns, inside the city itself. Then the Franks shadowed and harassed the retreating giant host of the Huns. That gave enough time for the Roman Field army headed by Aetius and to the Visigothic army to join the fray. Then the Huns got crushed in the titanic battle of the Catalaunian Plain. Having suffered tens of thousands of dead, if not hundreds of thousands (the number 300,000 has been advanced by sources), the spirit of the Huns was broken. Just as that of the Nazis in May 1945.

That was how to handle Assad: destroy him and his family, occupy Syria, re-establish secular, republican order. And it was not to the Russians or the Americans to do that, but to the Europeans. But there is no European army, no European will. Just European wealth for the world to steal. And for this, the ectoplasmic Britons are much to blame.: did they not learn anything from the Kaiser and his spiritual son Hitler?

As a result of formidable austerity imposed on France, the French defense system is woefully insufficient, although not quite as moribund as the British one. This is a grave situation in several ways: first it weakens the West enormously. Secondly it makes the USA more dominant than ever in defense. And thus, it augments the aura and diplomatic might of the USA in all matters, including the economic one… which pays for defense.

3. The third problematic mentality is indeed austerity itself. It was imposed by a coalition of conservatives and the evil influence of the ruling plutocracy. Great Britain saw less of it, thanks to the plutocratically owned tabloids, and the fact that plutocracy has made the wealthiest in Britain so much wealthier. Austerity is no less than a complete plutocratic plot, and a direct consequence of not taxing the wealthiest enough to spare us being in their debt.

So deep has the propaganda been for the plutocrats whom have made us in their debt, that only now the German SPD seems to realize that austerity is a plot of the wealthy. The “S” in SPD is for “Social”: Sozialdemokratische Partei Deutschlands, SPD… The SPD is in coalition with the German Conservatives, who are white-hot, foaming at the mouth demanding ever more austerity (especially from other Europeans… It’s understandable as Germany is in a virtuous circle presently…)

Brexit can potentially break that logjam. First, British sabotage of the “Ever Closer Union” will stop. Appropriate superstate structures could now be erected, as needed… Secondly, the austerity party in the EU, right now led by Britain and Germany, is going to be halved. Thus one can hope that the French, these austerity specialists since 1932, will snap out of their madness, and lead a revolt against the austerity party. Simple: the European Union has just do what the USA has done under Obama. The Federal deficits amounts to something around 100% of US GDP (if one adds Quantitative Easing, an unusual addition, not usually made for obvious, vicious reasons, to the official deficits).

Will Europeans understand this?

Meanwhile, it’s fun to see the Brexiters struggle with the spider web above. Good luck coming out, to sink in the ocean…

Patrice Ayme’


Economics As Science: Quesnay, Not Smith

July 7, 2016

Where it is revealed that Adam Smith was Quesnay’s Feeble Student…

Faithful Anglo-Saxons love to evoke Adam Smith and Ricardo, who are famous British economists.

Adam Smith is viewed as the first temple of economics, inventor of the free market. And that is the first set of deep mistakes. First, there was never any free market, ever since there are tribes, and they are governed. Even a government of pirates has laws. Which its market obeys.

Second, Adam Smith was actually a student. All right, we all are, but some of us do like Einstein, and get “their” main ideas somewhere else. They are not the ultimate creators. Ultimate creators are the ones worth pondering: their reasons are always deeper and more interesting than that of their parrots.

Adam Smith went to France, and learned from the physiocrats. The most prominent physiocrats were towering personalities. One, Turgot, became France’s Prime Minister (under Louis XVI), another was king Louis XV’s surgeon and “first doctor” (so economy was a love of his, as it was with the philosopher who named and founded economics, Xenophon. Lovers tend to think better than those paid to think correct thoughts).

What was the idea of physiocracy? Well, it’s in the name: the power of nature. Physiocracy views economics as an application of the laws of nature, hence its great reverence to agriculture. 

Mercantilism Is Much Smarter Than This Sorry Abstract Puts it. Physiocracy Insisted That Nature, Not The Sovereign, Should Guide Economics. True, But Naive...

Mercantilism Is Much Smarter Than This Sorry Abstract Puts it. Physiocracy Insisted That Nature, Not The Sovereign, Should Guide Economics. True, But Naive…

As The Economist put it at some point: “If YOU asked twenty well-educated souls to identify a physiocrat, only a couple could help you out. Writers like A.R.J. Turgot, the Marquis de Condorcet and Francois Quesnay are not household names, unlike Adam Smith or David Ricardo. But they are important. According to one late-19th century historian, the physiocrats (who called themselves the “économistes”) created “the first strictly scientific system of economics”.

Adam Smith was half the age of Francois Quesnay when the latter instructed the former (43 versus 72). At the time, intellectuals from Britain and France heavily influenced each other, to the point theater has been written about them. The phrase laissez-faire, coined by fellow physiocrat Vincent de Gournay, came from Quesnay’s writings on China

Some say that physiocracy was a theory of wealth. In this reduced vision of physiocracy, the physiocrats, led by Quesnay, believed that the wealth of nations was derived solely from the value of agriculture. In that parody, Quesnay’s understanding of value-added was rather primitive—he could not see, for example, how manufacturing could create wealth. But that is certainly not true, as Quesnay greatly admired the Chinese universal education system, and its vaunted examinations producing mandarins who ruled the empire (without aristocracy).

Moreover, as Quesnay was France’s top doctor, he could not possibly believe that there was no added value in science and medicine. Quite the opposite. Quesnay, Louis XV’s esteemed friend, was called by the king, “my thinker”. Quite a compliment, as another friend was Voltaire. So that physiocrats believed in agriculture alone is a parody.

Farmers certainly produced wealth. To quote Karl Marx in “Das Kapital”, “the Physiocrats insist that only agricultural labour is productive, since that alone, they say, yields a surplus-value”.

The physiocrats are most commonly known for these most simplistic economic ideas which do not reflect their subtlety. Indeed these parodies are not their most important contribution to economic thought. Rather, it was the physiocrats’ methodological approach to economics that was revolutionary.

Before physiocracy, economics was not viewed as a scientific discipline, but rather a strategic one (this is what is called “mercantilism”). Mercantilist thinkers sometimes assumed that amassing gold, or military power was the best economic strategy… And indeed, it often was. Economic efficiency was irrelevant.

But Quesnay was a scientist (for most of his life, he was a surgeon, trained with the best, who then, at age 50, became an official medical doctor). And Quesnay wanted to apply the scientific principles of medicine to the study of economy. The “Tableau Economique”, which shows in a single page how an entire economy functions, and the abstruse book which contained it, is Quesnay’s most famous contribution.

Quesnay,an immensely respected figure, showed that the economy was something to be respected, analysed and understood—much like a human body. It could not simply be moulded by the will of a monarch (or government, or a bunch of know-nothing aristocrats).

This was a hugely important step forward. The elder Comte de Mirabeau, father to the main leader in the first few months of the Revolution, before an untimely death at age 40, considered Quesnay’s Tableau to be one of the world’s three great discoveries—equalled only by the invention of printing and the discovery of money. As The Economist says:

Familiar notions of contemporary liberal economics, laissez-faire, the invisible hand, etc. derive from Quesnay’s scientific approach. The physiocrats, like many other thinkers of the eighteenth century, believed in “natural order”. They showed that unchanging laws governed all economic processes. Consequently, it is generally thought that the physiocrats were opposed to government intervention: the dead hand of the state would only corrupt the natural evolution of the economy.(but, as Quesnay’s admiration for the Chinese governmental system based on erudition, and for Confucius, and Quesnay’s de facto appartenance to the government shows, that’s another nefarious Anglo-Saxon parody). T. Jacob Viner, a Canadian economist, referred to the physiocrats as one of the “pioneer systematic exponents” of laissez-faire… Alongside with Adam Smith.

But the root of physiocracy was much more general. Adam Smith was the student.

Why is the preceding important? First it destroys the Anglo-Saxon hubris that the Anglo-Saxon culture invented modern economic theory and practice. And that it succeeded because of it (whereas the proper application of gunnery has more to do with it).

In truth, it is quite the opposite. When Louis XIV, the self-flattered “Sun King” took control of the state, he discovered, to his dismay, that France had only twenty (20) major capital ships. England and the Netherlands each had one hundred (100). Each.


Because the Netherlands and England practiced the exact opposite theory to Physiocracy (which would be created in name a century later). The Great Powers, starting with the Imperium Francorum, Francia, and, seven centuries later, Portugal, Spain, etc., practiced Mercantilism, or how to create economic opportunity with big armies and then, big guns. And you know what? Right now the super states of the USA, China and Russia are practicing Mercantilism, while Europe practices Physiocracy. Obama has turned out to be a major practitioner of Mercantilism. Mercantilism has been his main activity. Europeans have not understood this at all.

Guess who is winning?

Patrice Ayme’

Corrupt CEOs & Their Evil Boards

May 6, 2016

Plutocracy is a global phenomenon. It is worldwide, and it integrates fully religious extremism, which is part of its arsenal. The corporate board of Renault-Nissan is made of CEOs of other corporations. The board decided that Carlos Goshn, its CEO, deserved 15 million euros in 2016. Never mind that 54% of the shareholders voted against it. Never mind that the French government, which holds 16% of the shares of Renault-Nissan was outraged by it. In this world, CEO boards and their CEOs are a church of their own, ruling the world.

CEOs and their boards argue they are exceptional, irreplaceable, and they could get a job somewhere else. However, many in France dare to now point out that if such is the case, they should be fired, go get their job somewhere else, and that many in France are trained, willing and capable of replacing them and playing CEO for much less money.

Notice That The Ratio Between CEO & Workers Salaries Exploded Up Under The Clintons. Just As Corporate Profits Exploded Up Under Obama, Higher Than Ever (Why Taxes On the Wealthy Peaked Down To Lowest Ever).

Notice That The Ratio Between CEO & Workers Salaries Exploded Up Under The Clintons. Just As Corporate Profits Exploded Up Under Obama, Higher Than Ever (Why Taxes On the Wealthy Peaked Down To Lowest Ever).

(For exploding up corporate profits, consult my “Doomed Dems“, and the Federal Reserve Economic Data graphs therein. Confronted to catastrophic, anti-democratic evolutions under their reigns, the Clinton-Obama crowd of “leaders” and “advisers” and sycophants, always accuse the Republicans. If “Republicans” are always in charge when “Democrats” rule, why to vote for the latter?)

Extravagant CEO salaries convey the mood that extravagant inequality should rule the world. That the world cannot function without extravagant, horrid inequality.

In truth CEOs are not as important as engineers. In France, a musician and engineer found a way to 3D PRINT a violin similar in sonic quality to the proverbial “Stradivarius”. The 3D printed violin is lighter, stronger, and is made in one part, so it does not have parasitic sound generated by the junctions between different parts (as in traditionally made violins).

Meanwhile in California, in a university lab, after years of trying, a researcher and her colleagues found a way to coat the nanowires used in Lithium batteries, which allows said batteries to cycles 200,000 times before a diminution of function (something which happens after 7,000 cycles in existing batteries.)

Also in California, a French professor (now in Berlin) and her UC Berkeley colleague found a revolutionary gene selecting technique.

Such individuals are the real creators. They are the hard-to-replace persons. They are also the sort of people, inventors, creators, thinkers, we need, as the biosphere threatens to go up in smoke.

Extravagantly high CEO pay not a question of “capitalism”, or “offer and demand”: in the graph above one can see that CEOs used to paid much less, relative to the average workers. And it was the same for all celebrities, including in sports and acting. Still “capitalism” was doing just fine. Actually, private capitalism was then a larger part of the economy.

Thus the rise of the mood conducive to high CEO, and other celebrities’ salaries has nothing to do with the “invisible hand” of the market. Instead, the mood of high CEO salaries is synchronous with the rise of plutocracy (lower taxes on the richest, maximal tax avoidance enabled for the richest, influence of the richest on politics, etc.).

So what is going on?

Moods make the ground from which ideas grow. Outrageous salaries for boards and CEOs make the mood more favorable to plutocrats.

An example: nowadays, major plutocrats like the kings of Saudi Arabia and Morocco, or the Sultan of Turkey, finance ideologies in countries such as Belgium. More precisely, those plutocrats finance the ideology known as Salafist Islam (which is supposed to strangle Islam, the way it used to be in Belgium, for generations, namely low key, Belgian state financed, Sufist).

Thus one sees that the rise of Islamism is actually related to the rise of CEO salaries. And this ties up to “climate denial”, as major plutocrats and their corporations support the latter. Facing the plutocratic phenomenon, one is confronted to a high dimensional metastasis of the soul. Celebritism and CEO salaries are part of it. No wonder that it is hard to treat, and beat back plutocracy: acting punctually here, or there, displaces the problem, instead of treating it.

One speaks of globalization. Left unsaid is that this is globalization of evil.

Patrice Ayme’

Doomed Dems

May 4, 2016

So Donald Trump will be the Republican committee (;-)) for the presidency. And Trump will, probably, be elected US president. Why? Because people want change, and they did not get it. Instead they got more of the drift down, after the reign of the teleprompter reading president. Average family income is DOWN $4,000 since (“Bill”) Clinton’s last year as president. According to a FOX News poll, 64% of Americans blame Wall Street. Meanwhile in a vast report in the New York Times, Obama celebrates, in May 2016, the alliance he said he made with Wall Street in 2008.

Obama Can Make All The Excuses He Wants: He Gave Money To TBTF Banks, Not To We The People. And Here Is The Result Of This Wall Street President.

Obama Can Make All The Excuses He Wants: He Gave Money To TBTF Banks, Not To We The People. And Here Is The Result Of This Wall Street President.

Corporate profits have been rising, and wages have been declining. The following graph is from the FRED (Federal Reserve Economic Data). Since the mid 1970s, wages have gone down 7% while corporate profits went up 7%. The average board member of an S&P 500 company works 250 hours, and gets $250,000 (more than $800 an hour).

Wages Are Going Down, Because Pluto Profits Are Going Up. And Other Pluto Policies

Wages Are Going Down, Because Pluto Profits Are Going Up. And Other Pluto Policies

[Profits and Wages are as function of GDP above. Wages in red, corporate profits in blue. Notice the huge jump of corporate profits after Obama became president, and while he and the demonic Dems had total control of the US Congress, and the US Senate. Obama and his Dems can accuse the Republicans all they want, they are accusing reality. The reality is that they, and not the Republicans, did it.]

Warren Buffet is a hero, for many Americans. He bought Heinz (using money from Brazil’s 3G Capital: did you hear about corruption in Brazil?), and fired 600 workers. Then Buffet merged Heinz with Kraft, and another 2,500 workers got the axe. Buffet made ten billion dollars out of these two operations, 3,000 workers lost their livelihood. However, trust him, Buffet will give it all back, after he is dead (so he clamors to all MSM propaganda outfits, which religiously repeat that, as if it were the word of god).

But back to our other hero, the one who feels unappreciated. President Bush called Candidate Obama, and told him to come inside the White House, to take his orders from Secretary of the Treasury Paulson. Obama, feeling honored, obeyed, and did just like Paulson (ex-CEO of Goldman Sachs, and a possibly brain damaged professional football player) told him to do.

Now Obama feels underappreciated, although he should be appreciated, he insists, because he exhibited such great “bipartisan”.

But that is precisely the point: Americans are starting to appreciate less Wall Street and its servants. Americans are getting tired of “bipartisanship”: half professional politician, half Wall Street. Soon average Americans will even see that multigenerational Harvard families are the problem. It feels to them increasingly like a conspiracy is going on, just like Trump says, again and again:”the system is wrong, I know, I was part of it”. And you know what? It is.

“I know a lot of Americans are angry about the economy, and for good cause,” Hillary Clinton said, February 11, 2016. “Americans haven’t had a raise in 15 years.”

So why not Trump? After all, the great leaders of the Democratic Party are often incomprehensibly wealthy (with fortunes in the hundreds of millions of dollars: the Clintons, Pelosis, Feinsteins, Bowles, etc.). And their financiers, those who tend to finance them and are explicit supporters, are among the planet’s richest people. Most of them are more or less involved in government for their business (for example, here is the latest: NASA is now giving help, for free, for Elon Musk’s Space X to go to Mars: it will be interesting to see if Trump pursues these policies of tapping public institutions for making particular plutocrats and their corporations ever wealthier).

Trump got rich from inheritance, and then building things. The plutocrats connected to, or inside, the Democratic Party seem to be rather into other sorts of deals: Feinstein’s husband set-up deals in China (wait until Trump gets on that blood trail!)

In other words, people who vote for the Democratic Party have been trumped. (Originally, in the 1500s, “trump” in English meant exactly what it means in French to this day: lied to.)

People already voted for change eight years ago (when they selected Obama over his conservative rivals). Unfortunately, all the change Obama brought was none at all. (Very recently Obama started to do little progressive things, like taxing the rich a bit more, or his clemency project: too little, too late.)

The big picture with Obama was conservative, not progressive. Obama pursued what Bush did: giving money to the biggest banks. I am not saying it should not have been done, but what was needed is what Hoover (yes, Hoover) and Roosevelt did in the 1930s: a massive stimulus program (instead Obama did a short, small stimulus program; the stimulus of the 1930s extended, overall, for more than 25 years, as it extended into WWII, and then into the “Cold War”.

Under president Hoover, masterpieces such as the Chrisler and Empire State Buildings, and the Hoover dam (across the Colorado, and still watering Las Vegas) went up, some of them in a matter of months. Roosevelt ordered the construction of an unbelievably massive armament program, the construction of 24 fleet carriers (Japan would start a world war with 10).

Obama, long an admirer of Reagan in economic matters, reduced the taxes on the hyper rich by 20% in his first mandate (then brought them back up, the rather trite story of the arsonist who douses the fire later, while posing as a great hero…) The idea was to stimulate the rich, so they stimulate you.

All what We The People Who Vote are going to feel increasingly like, is that Obama was Bush III, or Clinton III-IV. Indeed, where was the “Change We Can Believe?” Yes, none at all. It was all the way down further.

Meanwhile a friend of mine went to Yosemite ten days ago. She told me she could not believe the devastation of the forest. Most of it is fiery red. It is devastated by the Pine Bark Beetle. To kill the Beetle, one needs twenty days well below freezing. However, this hard freeze is now a memory. So the Beetle invades, and kills forest. Treating tree by tree is hopelessly expensive, and futile. Yes, the forests will burn soon, adding to CO2 in the atmosphere. And it is all the way like that to Alaska.

Fort McMurray, Alberta may not have seen the worst of a devastating wildfire.

Massive walls of flames prompted authorities to order the evacuation of all the city’s more than 80,000 residents last night. The blaze has been caused by un-naturally high temperatures. Such giant fires are our immediate future. Nobody said the Greenhouse crisis was going to be nice. More evacuations coming.

These are not normal times. Ever since the universe was seen expanding, and, like the all-seing eye, we have contemplated possibilities we never dreamed of, we have come to realize that the world was in our very large hands (even larger than Mr. Trump’s hands…). Obama had very small ambition. Just like the Clintons, he surrendered to Wall Street, preferring big bucks to come to the dreams of his father. Now Charles Koch, the notorious fossil fuel multibillionaire, and great influencer of US politics, is saying he may support Hillary Clinton (instead of Trump). All plutocrats sucking at the public teat, are scared stiff of Trump. As Trump himself observed, in his boldly introspective style: “They say, what is he doing? We can’t buy him!”.

At least, through all the smokes and mirrors (in which Obama admires himself), this has the merit of clarity. By choosing Hillary Clinton, the Dems will choose business as usual. But this is not business as usual. And, increasingly, through all the smoke and mirrors, people feel that way, all around the most advanced countries, from Siberia, to California.

Change means Trump or Bernie Sanders. Clinton will surely bring only doom, as she did, ever since she and her husband helped fellow traveler, and implicit mentor, president Ronald Reagan with Iran-Contra…

Patrice Ayme’

Economy: Moods Are Changing

May 2, 2016


New York Nobel economists viewed from Europe, or the US, as “liberal”, or “leftist” do not like Europe, nor do they understand that the USA’s superior economic performance is just something the Clinton crowd likes to crow about. When one looks inside, and compares, ain’t pretty. Joseph Stiglitz: The Euro is the Problem (April 14, 2016)  #video #lecture.

No, the Euro is not the problem. Actually, Europe just smashed growth forecasts. The problem is that Europe is managed by people from Goldman-Sachs, or who wish to be employed by Goldman-Sachs, or who have a high opinion of Goldman-Sachs, or by people who take advice from people affected by the preceding disease. (As usual, I use here “Goldman-Sachs” as a shorthand for the malevolent, parasitic “money changers”, as Roosevelt and the Bible called them, based mostly in New York and London, with state machinery at their beck and call).

European Productivity, Especially In Franco-German Euro Zone, Has Long Been Higher Than In the USA. So The Scorn Of US Economists Should Consider This Important Fact

European Productivity, Especially In Franco-German Euro Zone, Has Long Been Higher Than In the USA. So The Scorn Of US Economists Should Consider This Important Fact

Question to Stiglitz: Do you think any of the groundwork has been laid to reduce that inequality going forward?

Stiglitz: “We’re in a little bit of better place, but not a lot better. It’s obviously better to have 5 percent unemployment than 10 percent unemployment. And there’s been the beginning of a housing recovery that has helped restore some of the wealth of ordinary Americans. But the damage that has been done is very deep and has persistent effects. The labor force participation rate of people in their 40s, 50s, is still lower than it’s been in decades. People who lost their jobs in 2008, didn’t get jobs in 2009, ‘10, ‘11, maybe aren’t likely to get a job ever. If they do, it’s not going to be anywhere near as good as their old job. There are many people for whom they lost their job at 50 or 55 and are unlikely to ever work again. The scar is permanent.

Another aspect of what I would say is the imperfect recovery, is that the marginalized groups remain marginalized. And while they’ve benefitted, the levels of unemployment are still very very high.”…

Entirely right, Mr. Stiglitz. So why do American economists give lessons to Europeans? The US economy is chugging along at 2% per annum, rather less than Franco-Germania at this point. And it can be argued that the inflation of the US GDP is mostly asset inflation.

When Stiglitz obsesses about unemployment, it’s obviously neither here, nor there: Unemployment is not the end-all, be-all, of the wellbeing of a socioeconomy. Slaves, in all and any economy, tend to be fully employed.

In the San Francisco Bay Area, unemployment is only 3%. However, a one bedroom rents for $3,000 a month, and that’s more than half the median family income (pre-tax). So is that good, or is that hell? I want you to contemplate a twenty lanes freeway, all gridlocked, and the eight lanes overpasses above, too, if you approve, Stiglitz style. (Jam augment GDP!)

Meanwhile, Trump is going parabolic in California, because tolerating the intolerable has become intolerable. Only when tolerating the intolerable becomes intolerable do revolutions happen. Maybe Trump should pick up Sanders as running mate, ha ha ha.

Revolutions are the engine of evolution. They re-unite Homo with the natural ethology from which plutocracy had torn him from. To evolve again, for the better.

Another editorial from Krugman along the same half-wit lines as Stiglitz: “The Diabetic Economy”. Krugman: “LISBON — Things are terrible here in Portugal, but not quite as terrible as they were a couple of years ago. The same thing can be said about the European economy as a whole. That is, I guess, the good news.

The bad news is that eight years after what was supposed to be a temporary financial crisis, economic weakness just goes on and on, with no end in sight. And that’s something that should worry everyone, in Europe and beyond.

First, the positives: the euro area — the group of 19 countries that have adopted a common currency — posted decent growth in the first quarter. In fact, for once it was better than growth in the U.S.

Europe’s economy is, finally, slightly bigger than it was before the financial crisis, and unemployment has come down from more than 12 percent in 2013 to a bit over 10 percent.

But it’s telling that this is what passes for good news. We complain, rightly, about the slow pace of U.S. recovery — but our economy is already 10 percent bigger than it was pre-crisis, while our unemployment rate is back under 5 percent.

And there is, as I said, no end in sight to Europe’s chronic underperformance. Look at what financial markets are saying.”

Children such as Stiglitz and Krugman have great oracles, called “markets”, and they “look” at what they “say”. (Beats saying what they look like, any day!)

Krugman: “Responding to critics of easy money who denounce low rates as “artificial” — because economies shouldn’t need to keep rates this low — [A Fed Reserve Bank governor] suggested that we compare low interest rates to the insulin injections that diabetics must take.

Such injections aren’t part of a normal lifestyle, and may have bad side effects, but they’re necessary to manage the symptoms of a chronic disease.

In the case of Europe, the chronic disease is persistent weakness in spending, which gives the continent’s economy a persistent deflationary bias even when, like now, it’s having a relatively good few months. The insulin of cheap money helps fight that weakness, even if it doesn’t provide a cure.

But while monetary injections have helped to contain Europe’s woes — one shudders to think of how badly things might have gone without the leadership of Mario Draghi [ex-Partner Goldman-Sachs, Patrice Ayme nota bene], president of the European Central Bank — they haven’t produced anything that looks like a cure. In particular, despite the bank’s efforts, underlying inflation in Europe seems stuck far below the official target of 2 percent.

Meanwhile, unemployment in much of Europe, very much including my current location, is still at levels that are inflicting huge human, social and political damage.

It’s notable that in Spain, which these days is being touted as a success story, youth unemployment is still an incredible 45 percent…”

For once, Krugman gets it half right. Right for Germany, but not for France, which has discarded the Euro 3% deficit spending limit, and is going at an official, near-British like 4.5% (official):

“The thing is, it’s not hard to see what Europe should be doing to help cure its chronic disease. The case for more public spending, especially in Germany — but also in France, which is in much better fiscal shape than its own leaders seem to realize — is overwhelming.

There are large unmet needs for infrastructure and investors are essentially begging governments to take their money. Did I mention that the real 10-year interest rate, the rate on bonds that are protected from inflation, is minus 0.8 percent?

And there’s good reason to believe that spending more in Europe’s core would have big benefits for peripheral nations, too.

But doing the right thing seems to be politically out of the question. Far from showing any willingness to change course, German politicians are sniping constantly at the central bank, the only major European institution that seems to have a clue about what is going on.

Put it this way: Visiting Europe can make an American feel good about his own country.”

Why is Krugman feeling so good? Because the US is “producing” three times more GreenHouse Gases (GHG) as the French? Not a non-sequitur, or just a slap in the face: the US expansion, in the last six years as largely been driven by fracking for oil and gas.


Patrice’s Grain of Salt: MOODS THEY ARE CHANGING:

The “trouble” in Europe is not just economic. A new philosophy, a new mood, is taking over. Monetary spending, what GDP looks at, is increasingly looked at as a sin. In France, exchange and repair Internet sites are booming. People increasingly repair the devices they use, and recycle and, or, exchange them for others.

Another point, well-known, is that, to re-establish the economy, banks were given money, lots of money. But the bank driven economy comes short. If anything, banks are viewed as organized crime institutions. In other words, people have had enough of the way the economy is organized.

Who needs a car, when public transportation, or the occasional rental will solve the problem? Some car companies sell electric cars, yet, when people need to go on a family trip, they can get a fossil fuel driven machine, which goes much further. The end result is to lower demand. This is also the effect of increasing efficiency. Solar cells on a roof kill a lot of the old economy, the more efficient they get.

The economy serves the society, not vice versa. Moods have to change to incorporate more of the society. A recent example: two professors working at UC BErkeley (one of them French), invented a revolutionary method to cut DNA into desired pieces. They applied for a US Patent. The US PTO sat on it: indeed, what could two women invent? Six moths laterr, a macho team of males from MIT applied for the same patent, for the same invention. Ah, males, thus pillars of society, said Conventional Wisdom. The MIT gentlemen (or is that horsemen charging, Genghis Khan style?) were immediately granted the Patent.

A lot of the economy organized according to the old mood is just organized thievery, or crime. Giving twenty trillion of dollars to the very same banks and connected financial types who organized the 2008 crisis is organized mismanagement of the economy to replenish the criminals. It would have been more just to give the money to We The People directly, instead of giving it to our oppressors. Ah, but it could not be done, because conventional economics prevent it.

Conventional economy right now is little more that the instauration of a feudal order. Malia Obama, eldest daughter of president Obama, will enter Harvard University. There the peers of Stiglitz and Krugman will teach her of the rightful place of the haves, and why it is just that they own the world. And the fault of the have nots, that they do not.

Malia’s present school is “Sidwell Friends School“, a “very exclusive” (as it self-defines) school. Her sister attends it too. Tuition is a modest $40,000 a year. So the two girls, together, cost $80,000, just to enjoy the “very exclusive” position they earned in life. That’s a third higher than US family median income, pre-tax.

It cost significantly more to attend the school where great liberal economist Stiglitz preaches from (Columbia). American economists are right to trash Europe. After all, the European model is the enemy. Should it win, American economists would earn just a fraction of what they presently get.

Patrice Ayme’  

US Plutocrats: Delaware, Not Panama

April 8, 2016

I long said that the USA was the world’s number one tax haven, followed by Great Britain. And this is exactly why these two countries are the seat of global plutocracy. (London boasts that it is the world’s number one financial place, ahead of New York.) The New York Times in “Need to Hide Some Income? You Don’t Have to Go to Panama”, April 8, 2016:

“For wealthy Americans looking to veil their assets and shield some of their income from taxation, there is no need to go to Panama or any other offshore tax haven. It’s easy to establish a shell corporation right here at home.

“In Wyoming, Nevada and Delaware, it’s possible to create these shell corporations with virtually no questions asked,” said Matthew Gardner, executive director of the Institute on Taxation and Economic Policy, a nonprofit research organization in Washington.

In some places, it can be more difficult to get a fishing license than to register a shell company. And it doesn’t cost much more.”

Delaware Is The World’s Pluto Center. 285,000 Companies Are Registered In That Delaware Building Alone.

Delaware Is The World’s Pluto Center. 285,000 Companies Are Registered In That Delaware Building Alone.

Delaware allows companies to shift the seat of their business and their profits to Delaware, where, conveniently, there is no tax.

Speaking of the Panama Papers, “This is just one firm [Panamanian Mossack Fonseca law firm] in one place,” said Gabriel Zucman, an economist and the author of “The Hidden Wealth of Nations: The Scourge of Tax Havens,” “So it cannot be representative of what’s happening as a whole in the world.”

“But Mr. Zucman, who estimates that about 8 percent of the world’s financial wealth — more than $7.6 trillion — is hidden in offshore accounts, said another reason was that it is so simple to create anonymous shell companies within the United States.

Wealthy individuals and businesses that want to mask their ownership can conveniently do so in the United States, and then stash those assets abroad.

Yet while the United States demands that financial institutions in other countries share information about Americans with accounts overseas, its reciprocation efforts fall short, critics say.

“You see a ton of wealth in tax havens in Switzerland and the Cayman Islands that is owned by shell companies that are incorporated in Panama or in Delaware,” he said. “The bulk of this wealth does not seem to be duly declared on tax returns.”

The Institute on Taxation and Economic Policy in “Delaware: An Onshore Tax Haven” observed that the state’s obscurity, combining with a loophole in its tax code “makes it a magnet for people looking to create anonymous shell companies, which individuals and corporations can use to evade an inestimable amount in federal and foreign taxes.”


Not to think the New York Times is going against the branch on which it sits, plutocracy. The preceding extracts were hidden away from the electronic front page. What we found on the front page was Krugman going all-out against Bernie Sanders in Sanders Over The Edge.

A good way to say bad things is to sound reasonable’ Krugman excels at that:

“…most liberal policy wonks were skeptical about Bernie Sanders. On many major issues — including the signature issues of his campaign, especially financial reform — he seemed to go for easy slogans over hard thinking. And his political theory of change, his waving away of limits, seemed utterly unrealistic.

Some Sanders supporters responded angrily when these concerns were raised, immediately accusing anyone expressing doubts about their hero of being corrupt if not actually criminal. But intolerance and cultishness from some of a candidate’s supporters are one thing; what about the candidate himself?

Unfortunately, in the past few days the answer has become all too clear: Mr. Sanders is starting to sound like his worst followers. Bernie is becoming a Bernie Bro.

Let me illustrate the point about issues by talking about bank reform.

The easy slogan here is “Break up the big banks.” It’s obvious why this slogan is appealing from a political point of view: Wall Street supplies an excellent cast of villains. But were big banks really at the heart of the financial crisis, and would breaking them up protect us from future crises?”

Actually Krugman is a specialist of trade, not banks. Bank specialists like Simon Johnson, have called for the break-up of the 21 biggest banks (which are recognized as special by the present US government).

Krugman detests Sanders saying Hillary has no clothes:

“It’s one thing for the Sanders campaign to point to Hillary Clinton’s Wall Street connections, which are real, although the question should be whether they have distorted her positions… But recent attacks on Mrs. Clinton as a tool of the fossil fuel industry are just plain dishonest, and speak of a campaign that has lost its ethical moorings.

And then there was Wednesday’s rant about how Mrs. Clinton is not “qualified” to be president.

What probably set that off was a recent interview of Mr. Sanders by The Daily News, in which he repeatedly seemed unable to respond when pressed to go beyond his usual slogans. Mrs. Clinton, asked about that interview, was careful in her choice of words, suggesting that “he hadn’t done his homework.”

But Mr. Sanders wasn’t careful at all, declaring that what he considers Mrs. Clinton’s past sins, including her support for trade agreements and her vote to authorize the Iraq war — for which she has apologized — make her totally unfit for office.”

Speaking of exhibiting extremely deep, vicious dishonesty, I sent the following comment, it was censored:

It was obvious, during the ramp-up to the Iraq war that the top leaders of the USA had lost their mental balance. The United Nations did not believe their lies and refused to give them an authorization to attack Iraq. Bush attacked, without a UN Security Council authorization, because he was supported by New York Senator Clinton. The invasion of Iraq by the US caused millions of people to die or being wounded. It brought the Islamist State.

Those who engineered this debacle should have been prosecuted for crimes against humanity. Suggesting they are decent, because they apologize, is to deny civilization has merit. Proposing to be led by them again is proposing to learn nothing from the past.

Specialists of banks long suggested to break big banks and big shadow banks (Simon Johnson, 2009). This is not a revolutionary proposition. Teddy Roosevelt broke big oil. When President Franklin Roosevelt came to power, he closed all the banks. That was much more revolutionary.

Global trade treaties enabled giant corporations to extend their monopolies to the entire world. This way, they escape local legislation. An example is the “Double Irish” Apple Inc. and many other corporations use. The CEO of Apple admitted that two-third of the profits of Apple were not taxed.

End of my comment. Krugman never mentions subjects such as the preceding with the angle I use. In his world, big banks, big trade, big bucks, etc. are absolute big goods.

Hillary is his “sis”, with a bit of luck, she will be grateful, and make him big something, some more. Heathens such as me, with their strident Clintonophobia, have no doubt “not done our homework” because, like Sanders, we are just reprobate school children of no intellectual merit.

Try not paying taxes, as big fishes do, if you are a little guy. You will be sent to jail, anywhere in the West. Plutocracy central? You bet!

Another, completely innocuous comment of mine to Krugman later in the day was also censored. Krugman’s post was entitled “Why Cruz is worse than Trump“. Exactly what I have been saying for five months. I guess the dear professor noble Nobel whatever, is not too keen to expose where he gets (some of) his inspiration from. These are sad, nervous days, for those who love plutocracy, the old fashion way.

Nine 5 Star Hotels In Bariloche, Argentina, & Golf Courses To Receive Obama & His Secret Service, In Style, Next Year

Nine 5 Star Hotels In Bariloche, Argentina, & Golf Courses To Receive Obama & His Secret Service, In Style, Next Year

In “USA Financial Extortion“, the essay linked to at the beginning of this essay, I pointed out the connivance between New York “Justice” and financial “Vulture Funds”. Meanwhile, the son and scion of one of the richest persons in Argentina was duly elected president, and Obama rushed to celebrate him, after 15 years of cruel, demented, anti-Krugman, anti-financial plutocracy rule in Argentina. That new Argentinian plutocrat and president is called Macri. He is a dancer. It turns out he was the name on shell companies in several places of the Anglo-Saxon plutocratic empire (such as the Bahamas). That was just revealed in the Panama Papers. Never mind.

Macri, as president, reduced the arrogant financial demands of the lower classes in Argentina: he needs all the money in the world, to pay his Vulture Fund friends in New York, whom Obama serves so well. So brand new president Macri threw more than one million people in poverty, by gutting their allowances: more than 2.5% of the total population of Argentina. Such is the way of the admirers of Reagan: make the rich richer, and the economy will reward you (thus, when Obama came to power, he saw the economy and its big banks were sick: so he gave all the money in the world to the big banks, and reduced the tax rates of the hyper rich by 20%, and now you can see the economy is right).

In any case, throwing more than a million to the poor house is glorious: not bad in a few weeks of assuredly very presidential work. Maybe Macri’s dad can propose newly retired super star noble Nobel Obama some 5 star stay in Bariloche, next year? Just an idea. What are friends for, among the world’s rulers, if not grateful?

Patrice Ayme’

Global Trade Outlaws Rule

March 9, 2016


Sanders’ surprise victory in Michigan, a big industrial state, is attributed to his attacks against so-called “free” trade (Clinton has never seen a “free” trade treaty she did not love). Ditto for Donald Trump’s victory in the same state (Trump has proposed a 45% tax on Chinese imports). Polls show angry white males and the young (for Sanders) are voting against the system which brought to them the globalization of pauperization. Rightly so.

Let me provide more needed theory:

As it is, globalization means plutocratization.

First, globalization without redistribution implies plutocratization. (As Paul Krugman asserts.)

Second, globalization of trade without globalization of law amounts to trade without law. Thus, organizations, corporations and plutocrats presently engaged in global trade are, technically, out-laws.

Third the immense fortunes gathered by the trade outlaws have enabled them, in turn to pay well their servants in politics and national administration to further the very out-lawfulness which has made them prospered.

Fourth, under the Clintons in the 1990s, the Banking Act of 1933 was replaced by financial deregulation, which spread worldwide, making financiers masters of world trade.

Real Family Income Is Going Down. Real = Including CPI. If One Included Real Costs Beyond The CPI, The Real Income Would Collapse Even More. If I had Put On This Graph GDP or Trade, Both Of These Curves Would Be Shooting Up

Real Family Income Is Going Down. Real = Including CPI. If One Included Real Costs Beyond The CPI, The Real Income Would Collapse Even More. If I had Put On This Graph GDP or Trade, Both Of These Curves Would Be Shooting Up

One of my commenters and friends told me that it is president Carter, a democrat, who had started the degeneracy we presently enjoy. I was surprised, and initially denied. However, I looked and various graphs, and, to my dismay, he turned out to be right. As I learn more about what happened, I will integrate it in my discourse (Carter, of course, attacked, secretly, Afghanistan on July 3, 1979, so he was not highly considered here; but now he is heading evwen lower!)

In other words, we are engaged in a nonlinear process: the global trade outlaws are getting ever more powerful, and, the more powerful they get, the more they advance their plots and breathing together (con-spirare, conspiracies),

Meanwhile, We The People, are getting ever more destitute (the CPI, the Consumer Price Index, does not include LIFE ESSENTIALS such as education, health care, retirement).

Let me give you an example of the degeneracy of US society: I had an insurance agent for two decades, who worked at one of the most prestigious insurance companies in the USA. Last Spring he got sick. Although a well paid professional, he did not get health care in a timely manner. So he died of pneumonia. He was in his forties (basically the age when one gets sick the less). I know dozens of similar stories. Meanwhile, US healthcare is 50% more expensive, per head, than health care in the most performing healthcare systems in the world.

What does that have to do with the globalization of trade? Massive globalization led to massive plutocratization, and that, in turn, led to US politicians and civil servants doing exactly what plutocrats and their corporations wanted them to do (so that politicians and civil servant would make their future income up, as the good agents of plutocracy whom they are).

 Then the one who led us for 40 years, the one who makes more than 200,000 dollars in an hour, giving secret talks to financiers, claims to represent We The People. We The People are earning 10,000 times less (2,000 x 4.5) than she does, per hour. How can she represent, or even understand, us? Is that realistic? No wonder some of us want to protect themselves.

Paul Krugman, the architect, under president Ronald Reagan of “free” trade, presents as self obvious that Sanders’ program is “unrealistic”. Says Krugman: “The Sanders win defied all the polls, and nobody really knows why. But a widespread guess is that his attacks on trade agreements resonated with a broader audience than his attacks on Wall Street; and this message was especially powerful in Michigan, the former auto superpower. And while I hate attempts to claim symmetry between the parties — Trump is trying to become America’s Mussolini, Sanders at worst America’s Michael Foot — Trump has been tilling some of the same ground. So here’s the question: is the backlash against globalization finally getting real political traction?”

Well, I tell you why, Paul: We The People are getting tired of ‘the conscience of a liberal” who got to work engineering Ronald Reagan’s sinister plot to claim that giving to the rich was the best way to give to the poor. Krugie boy is on his best defending his position at the altar of “power”:

Paul Krugman: “The truth is that if Sanders were to make it to the White House, he would find it very hard to do anything much about globalization — not because it’s technically or economically impossible, but because the moment he looked into actually tearing up existing trade agreements the diplomatic, foreign-policy costs would be overwhelmingly obvious. In this, as in many other things, Sanders currently benefits from the luxury of irresponsibility: he’s never been anywhere close to the levers of power, so he could take principled-sounding but arguably feckless stances in a way that Clinton couldn’t and can’t.” 

That’s obviously a ridiculous thing to say: the USA has basically to get accord from just one power, the French Republic, which is all for putting the brakes on soul-less globalization (always has been, for about a century, whether governments are from the so-called right, or left). Then, automatically Germany, Italy and Spain (with, or without a government), will follow. Tax cheats such as Great Britain, Belgium and the Netherlands are going to increasingly feel the whip, and better shut up. (A few days ago, France told Britain that she would open the refugee gates, if Britain left the EU. So Britain is going to have to face unexpected costs, in all ways.)

The World  Trade Organization, prodded by France, already announced that a carbon tax, imposed worldwide, was NOT in violation of WTO rules. So one can start with that, on day one. See what it does for the price of Chinese steel and Chinese solar panels.

In all justice to Krugman, he finishes this way: …”the elite case for ever-freer trade is largely a scam, which voters probably sense even if they don’t know exactly what form it’s taking.

Ripping up the trade agreements we already have would, again, be a mess, and I would say that Sanders is engaged in a bit of a scam himself in even hinting that he could do such a thing. Trump might actually do it, but only as part of a reign of destruction on many fronts.

But it is fair to say that the case for more trade agreements — including TPP, which hasn’t happened yet — is very, very weak. And if a progressive makes it to the White House, she should devote no political capital whatsoever to such things.”

It is a huge “if”. I would be astounded if Clinton made it to the presidency.

After decades of increasingly corrupt, venal, lying politicians whose idea of policy is to do what the world’s richest corporations and their plutocrats want them to do, what could be worse?

Having someone reigning again who got paid a fortune repeatedly for plotting in secret talks with financiers what would be the next move to enrich that elite? Under Bill Clinton, the Banking Act of 1933 was destroyed, bringing the reign of unrestrained finance. Moreover global trade treaties got signed, which allow corporations and their corporations to escape taxation and legislation. How electing Trump or Sanders could make it worse?

When Clinton was asked why she accepted so much money from Goldman Sachs, for so little “work”she replied: “I guess that’s their rate!” She refused to release any transcript to the flood of talks she gave to financial conspirators and outlaws. And you know what? Thanks to the stubborn work of individuals such as yours truly, this sort of rotten mentality is now exposed, and nobody wants to be led by it anymore. Not even the people supporting Ted Cruz.

Paul Krugman’s dream of another cabinet job, 35 years after the one he enjoyed with his boss, Reagan, is fading away…

Patrice Ayme’

How Humanism Dies

January 19, 2016

Humanitarians Killed By Jihadists

Some of those who have Islamophilia claim that we obsess too much about Islamist terrorism. However, terrorism terrorizes. Everybody.

Merkel invited a million marvellous Muslims in Germany, and a few thousands of them, Muslim men, went on a rampage against German women in Cologne. The Qur’an has lots of passages about “women that your right hand posses”. (One can do plenty of things to those!)

Read the Qur’an, ladies and gentlemen, oh yes, read the Qur’an, and then you talk. The Qur’an is much much more fun than the completely insipid “50 Shades of Grey” (a book about a vaguely sadistic guy and a vaguely masochistic girl engaging in vaguely reprehensible practices). The Qur’an brims with fully endowed sadism, and uncomplexed total sexism.

Franco-Moroccan Leila Aloui, A Teenage Jihadist Faced Her, And Absolutely Had To Pump Her With Three Bullets. Too Beautiful. She Took Four Days To Die.

Franco-Moroccan Leila Aloui, A Teenage Jihadist Faced Her, And Absolutely Had To Pump Her With Three Bullets. Too Beautiful. She Took Four Days To Die.

But do not gun killings as in the USA kill much more? The question has been asked by the Islamophiles (some of them no doubt pedophiles, as pedophilia is part of the sacred Islamist texts). Yes, they do: more than 300,000 in the USA in a decade. Murder, one by one, as in the USA, creates a pervasive mood of fear. Yet, it is not mass terror: the victims generally know their assassins (and many are gun lovers).

Whereas mass terror affects everybody, all the time. And it is capable of destabilizing entire countries. Some say: let those countries go. The objection to this is simple: how many North Korea do you want?

Bush and Blair made a deal with the bloody Libyan dictator Gaddafi, the “Deal in the Desert” in 2004. In exchange for dropping his nuclear bomb and chemical weapons program, Gaddafi got non-prosecution for mass murders committed in the West, oil going to Britain, and then lots of prisoners sent over by Blair and Bush, to torture to death, etc. And Gaddafi also got a lasting friendship: Blair called his friend the despot to try to save him from the wrath of the French led assault onto his satanic kingdom.

Leila Alaoui, already a famous photographer, 33 years old, was on a mission from Amnesty International. Leila, a talented artist, in the company of researchers from Amnesty International,  photographed young women who had been forced into marriages, by Islamist abusers. Some were as young as 11 (eleven) years old.

Leila was shot three times when she went to buy a salad, and found herself in front of a Jihadist. He had no idea who she was, except that she was obviously a free woman. She lost a lot of blood. A young African passing by picked her up, brought her to the hospital. She asked about her driver. She was not told that her driver, also from Amnesty International, had been burned alive in his car.

The Jihadists in Ouagadougou shot everybody in sight. They assassinated a six member Canadian family who helped, in a humanitarian effort, with a school since December. And two famous Swiss humanitarians, ex-MPs who had also been on an humanitarian effort were also killed. Then the Jihadists went back to finish the wounded. Many played dead. The Jihadists set the hotel on fire. Many burned alive.

French special forces were flown from Mali, and wiped the terrorists out. If you want peace, first make war.

Meanwhile, Oxfam, a British charity, came up with its annual report on inequalities.

62 billionaires own as much property as 50% of the world population, 3.6 billion people. Since 1998 the 10% richest got most of the increase in riches.

Moreover, Oxfam found that 7,000 billion Euros of tax evasion, mostly from corporations. This is 12% of world GDP. It’s more money than the GDP of any country, except the USA and the EU.

Meanwhile, French industrial production collapsed by 50% in 15 years. It’s not all a simple, direct effect of globalization. Something more subtle is at work.

What? Why? ENA, the National Administrative School, a sort of French Harvard played a big role. Know not knowledge, but how to “Mange”, I mean “Manage”, that is, exploit, fellow men. Big French companies selected the most “intelligent” 20 year olds, those who got to the likes of ENA, coincidentally those children are those of the elite. Many of these companies had been created by “privatizing” large French public companies. Something similar happened with Russia at the same time, with the same sort of “advice”, in the end emanating of that same source of neo-capitalism, Harvard.

Volkswagen instead replaced its CEO by an employee who started at VW as a teenage apprentice.

French savings go mostly to life insurance, which, “strangely”, by French law, cannot go to investments in industry (or maybe it’s not so strange when one realizes that the legislative process is increasingly dominated by the financial plutocracy!). Instead French savings gets to government bonds, and, first of all USA government bonds, thus feeding the American financial plutocracy (as it fits into the Quantitative Easing scheme).

Just as Quantum Entanglement entangles the world as one, plutocracy entangles the world with its satanic mood. Meanwhile, a national union government arose in Libya.

What for? Franco-American attack on the Islamist State in Libya. The idea is to have the new Libyan government ask the United Nations for help. Then the West could eliminate the Islamist State in Libya.

Some will say it will make the situation worse. However, sometimes all we can do is mitigate. Come to think of it, life is all about mitigation. Only god knows the ultimate ends, and this is why he does not exist. But we do.

In recent decades, it has dawned on Non Governmental Organizations of the humanitarian type that the preceding is correct. Humanitarianism without enough force of law is a non sequitur. 

Without military force to impose the law, the law of man, ethological law, the work of humanitarian NGOs cannot be done. (Yes, there was this systematic bombing attack against Medecins Sans Frontieres/Doctors Without Borders in Afghanistan. But that was no doubt nothing that Obama and company ordered. Both France and the USA, differently from Russia, have tried with greater attention to detail than ever, to limit “collateral damage”.)

Obama evoked these ambiguities in his Peace Award Nobel Lecture. Indeed. Only evil against evil can fight for the greater good. Goodness is the product of careful applications of evil calculus. Absent the application of force by goodness, evil moves in the moral vacuum, unopposed.

Patrice Ayme’