Posts Tagged ‘Banksters’

Banksterocracy

July 4, 2015

The Champagne region was proclaimed a world heritage site by UNESCO today. Champagne, a method to make sparkling wine, was created by a cleric, Dom Perignon, four centuries ago.

Mr. Yannis Varoufakis, Greek finance minister: “Why did they force us to close the banks? To instil fear in people. And spreading fear is called terrorism.” Indeed. That is what I was saying before: arguably the demons of High Finance, the shills of the IMF, Goldman-Sachs, the ECB, etc, are the main force deep behind Islamist Terrorism, because they cause misery, while weakening enormously the military capabilities.

Added Varoufakis:”The EU will have no legal grounds to throw Greece out of the euro, and then the real negotiation will start with creditors.”

Unbelievably, the European Central Bank has put the entire Greek economy in a deep freeze, with a very low ceiling on the Emergency Loan Agreement (ELA). What for exactly? With which authority? Just because its (ex) Goldman-Sachs head, Draghi, is used to make a profession from dragging people in misery?

Bait & Switch, Or How The Public Was Made To Pay For Being Ruled By Banksters

Bait & Switch, Or How The Public Was Made To Pay For Being Ruled By Banksters

Look at these numbers above: how come France, Germany, Italy, etc. invested in Greece? Of course they did not. What they did is that they “lent” Greece money so that the Greek plutocrats then in command of Greece could refloat the French, German, etc. bank subsidiaries which had gone bankrupt lending to fellow plutocrats they had met earlier, taking champagne baths, all together. Now we are supposed to drain the bath, and serve them more champagne.

Meanwhile, Christine Lagarde, the Marie-Antoinette who proposed that, because gasoline was to expensive for them, the French ought to switch to biking, hangs tough about “Greece”. A buffoon shilling for plutocracy with a misleading French accent. Just look at her shifty eyes: she knows how dirty she is.

As Oxford economy professor Simon Wren-Lewis puts it, the IMF was “captured” by the banksters: “the Troika made a huge mistake in using their citizens’ money to lend to Greece so Greece could partially repay these private sector creditors – that is where most of the Troika’s rescue package went.”

(Yes, apparently, 92% went to banksters; but thanks to propaganda, most people believe We The People of Greece splurged, whereas, it is the banksters who splurged).

The first order of plutocracy, nowadays is banksterocracy: bankster-power. Let me quote extensively from Atrios, a USA citizen originally from Australia, with a PhD in economics. Atrios writes a wildly successful blog, taken seriously by major economists. Quoting others extensively, Atrios comes below to the conclusion I reached more than six years ago, about the nature of who rule us, and this is most pleasing:

“Saturday July 4, 2015: What’s It All About Then

Greece’s Euro “membership” isn’t about using the currency, it’s about having access to various loan facilities and support from the ECB, which it already doesn’t have.

Bloomberg reports that Bulgaria, which is not a Euro member but backs its currency with Euro reserves, has just been allowed to borrow from the ECB at the same rate as Euro members, thus enabling it to firewall its banks from Greek contagion. This is a privilege normally only accorded to Euro members – and it has been WITHDRAWN from Greece. If this is true, then Bulgaria (non-Euro member) can obtain Euros from the ECB while Greece (Euro member) cannot. It is hard to see what benefit Greece’s Euro membership confers, apart from redistribution of seigniorage receipts.

And finally someone gets the logical endpoint of central bank “independence.”

For the central bank of a currency union to deliberately restrict the money supply in regions within the currency union is bizarre. No other currency union central bank on earth does this. It would, for example, be unthinkable for the Bank of England to deny liquidity to Scotland’s banks. But the ECB has denied liquidity to Greece’s banks, not because they are insolvent (which is a reasonable reason to deny liquidity to banks) but because the sovereign won’t toe the fiscal line. It has taken on a political role that it should not have.

Of course, the ECB’s shareholders are the member state governments. But those governments have bound themselves by laws and treaties that prevent them interfering with or in any way controlling the ECB. So the Eurozone is in reality a financial dictatorship run by bankers. I struggle to see why anyone would voluntarily join it, let alone want to stay in it. But that’s democracy for you.

Whatever it is, it ain’t democracy. It’s banksterocracy. The concept of central bank independence was, once upon a time, thought to be necessary to prevent irresponsible governments from doing, or being perceived as doing, irresponsible things with the money supply. Now the point of central bank independence is to hand immense power to a bunch of unelected unaccountable people engaged in revolving door careers with the banking system. Let’s continue laughing at the silly Greeks and their silly corruption.  

The first irresponsible thing to do with the money supply is not to provide enough money to run the economy. This was a major problem during the Roman empire’s Fourth Century (due to a dearth of precious metals and not enough police powers to insure the value of the Fiat Currency). By 300 CE, the imperial government instated a massive command and control system to insure the core functions of the economy.

The problem we have now is different: so-called austerity is actually a refusal to finance important sectors of the economy, including not just basic decency, but also science and education. Meanwhile China has boosted its science budget to a nearly incomprehensible 192 billion dollars (more than all the West combined).

China is right. 100%. (Then the land of Confucius gets accused of “ethical breaches”, by professional bleaters, for pulling ahead on genomic research)

On the other hand, those who have starved, and are starving the European economy, from sheer lack of currency, are not just betraying their birthplace, but civilization itself.

Patrice Ayme’

 

Bank Worship

May 20, 2015

BANK WORSHIP IS ALL WHAT MIGHTY ECONOMISTS KNOW:

I have fiercely condemned, for a decade, the policy of reducing the economy to interest rates. As I have said, and will say again below, this is identical to making (private) bankers into gods. “Liberal” (meaning “left” in the USA) economists love to say that low interest rates is all the socialism we need. Nobel laureate Paul Krugman is trying to make fun of the serious arguments found in scholarly critique of his “interest rate idolatry”. Says Paul:

I’m With Stupid.

No doubt, dear Paul, no doubt. Being stupid is more profitable, quite often, than being smart and moral.

Banksters Steal The World, And Prosper, Ever More

Banksters Steal The World, And Prosper, Ever More

Via FT Alphaville, James Montier has an interesting piece castigating economists for their “interest rate idolatry”, their belief that central bank-set interest rates matter a lot for the economy…” Montier writes down notions I used to brandish at the beginning of the Obama presidency. I stopped after I realized everybody (Very Serious People, Academia, High Finance, Politicians, Media) was on the con. That meant, in practice that, if one talked about it too much one was viewed as mentally imbalanced (just as pointing out that the Qur’an prescribes terrorism may one looks as a racist, according to the Politically Correct insects). Here is part of Montier’s well-thought essay:

A wider idolatry: the greatest con ever perpetuated

Lest you think I am being unduly harsh on the world’s poor central bankers, let me turn to the wider idolatry of interest rates that seems to characterise the world in which we live. There seems to be a perception that central bankers are gods (or at the very least minor deities in some twisted economic pantheon). Coupled with this deification of central bankers is a faith that interest rates are a panacea.

Whatever the problem, interest rates can solve it. Inflation too high, simply raise interest rates. Economy too weak, then lower interest rates. A bubble bursts, then slash interest rates, etc., etc. John Kenneth Galbraith poetically described this belief as “…our most prestigious form of fraud, our most elegant escape from reality… The difficulty is that this highly plausible, wholly agreeable process exists only in well-established economic belief and not in real life.”

This obsession with interest rates as a cure-all rests on some dubious views about the way the world works.”

Montier points out that the fundamental official argument for lowering interest rates down to zero is flawed: …”firms generally rely on internal financing to fund investment, rather than borrowing – witness Exhibit 6. Over 100% of gross investment is financed by internal funds.”

The obsession with interest rates has meant, in practice, that so-called liberal, self-described “progressive”, friends of “We The People” economists, have prescribed, implicitly, to lower taxes on the hyper-rich as much as possible. So they masquerade as left-wing, but, in truth, they are plutophiles. This is an old method, and why Polar Bears are white, instead of brown or black as their ancestors were. Montier:

“Just in case you were wondering about the much-lauded ability of the central bank to create inflation via helicopter drops of cash (or its modern-day equivalent), this is actually a form of fiscal policy, not monetary policy. As I noted above, monetary policy alters the distribution of net worth while fiscal policy alters the levels of net worth. Because helicopter drops effectively give everyone a boost of cash, this is clearly a change in net worth and thus is likely to be helpful in stimulating demand.

As you may have gathered from the preceding paragraph, the good news is that there is an alternative to monetary policy, and that is fiscal policy. These days fiscal policy is deeply out of vogue amongst policymakers and politicians. However, it has a much more direct link to growth than any of the channels suggested for monetary policy – it is part of the construction of GDP, and has a clear impact upon incomes.”

Krugman made a very feeble defense, which mostly consisted, weirdly, but tellingly enough, to laud Lawrence Summers, one of the architect of the dismantlement of the financial regulations under Clinton, to create a class of hyper-rich financiers. To his credit, Krugman published my comment:

In the USA, houses are started massively all the times. It’s a mark of unsustainability (presumably flimsy housing is replaced). Reducing the entire economy to this, is imbalanced. Why not consider infrastructure starts? Research? Health?

The fundamental question is: what is an economic activity which is profitable for the society?

The conventional answer is that banks know best. As the banks’ lending goes up as interest rates go down, bringing the latter down, improves the economy, say banks’ friends.

Let’s call that BANK WORSHIP.

Bank worship has enabled big banks’ heads and associated high financiers they collaborate with, to be so powerful and dishonest, that they changed the hearts & minds of all the power that be in society.

The latest case is the French Societe Generale: the police chief in charge of an inquiry on an eight billion dollar fraud therein, now admits, years later, that she was manipulated by the bank (a lower level employee, Jerome Kerviel, was sued, chased down, and condemned severely, although he claims he acted under orders). The fraud was reimbursed by taxpayers. This means that Societe Generale bosses, just in this particular case, of this particular fraud, stole around 50 dollars to each French citizens. Don’t worry for them: the thieves live big. An even bigger picture is that, in the leading countries, big bankers are banksters, and they corrupted institutions of the Republic (including politics, government, justice and police) thoroughly.

The problem is the same in Anglo-America: time after time, giant frauds of the biggest banks are exposed, and they are condemned to fines. In the end, a bank-too-big-to-fail condemned to a fine means nothing: in the worst possible cases, it’s tax payers who pay. It is the case where the criminals’ punishment is to make the victims suffer.

The latest such case is the LIBOR “punishment”, proclaimed today. In it, big banks in London manipulated the world’s leading interest rate (they call that the “market”). You would think that, after stealing billions the heads of banks such as JP Morgan would go to jail. No. Taxpayers go to jail.

Zero Interest Rates, To Serve High Finance Plutocracy:

Another problem is that zero interest rates have proven devastating for small savers, while providing the banks and their accomplices with quasi-unlimited funds for playing with each other the derivatives’ market, something that is not a real economic activity, except by making the richest ever richer.

One lends to the rich. By making lending ever easier, government policy has made the rich ever richer.

Correct economic activity would consist in the government encouraging activities which are profitable to the people at large, very long term.

The “market” is driven with what bankers think is profitable, short term.

Conventional wisdom by the economists in power is that we can trust the bankers to encourage the economic activity most suitable to the “market”, hence society.

Governments were told by the economists in power to make the job of bankers easier, to make for a better economy, hence better society. Trust bankers, give them all the lending capability, hence all the power they want, and We The People will become richer.

Thus the general strategy of bank worship assumes a trait that is true: a banker is a government official. A banker is a non-elected, uncontrolled government official, with unlimited funds, and inexistent oversight by the People’s representatives.

Bankers control the market, which controls the economy, which control society. Is that the society we want? Do we want to be controlled, financed, by an oligarchy of non-elected little Big Brothers who decide what activities the society will engage in?

Bankers are little Big Brothers who are free to finance the high financial class they belong to, as much as they want. That’s why derivative trading is more than ten times larger than real trade, worldwide. This is also why half of the world’s money is in Dark Pools. And so on.

The cause of this nightmarish world is bank worship. Bank worship is very smart for the Big Bankers. Krugman is NOT with stupid, as he disingenuously claim. He is with the winning crowd. To go interact with people such as Paul Krugman and Joe Stiglitz, the fact is, one needs to be seriously independently wealthy (then one can become a “student”, meaning a future co-conspirator, or mingle at parties).

It is very stupid for the rest of us to have become adulators of bank worship. Bank worship made society subject to a dictatorial oligarchy operating in the shadows.

What happened to the Enlightenment? It seems to have sunk in “Dark Pools”.

Patrice Ayme’

Plutocracy: I Lie, Therefore I Am

March 14, 2015

Submission To High Finance From Propaganda To Corruption, USA To EU:

IN EUROPE, OR ELSEWHERE. WHAT IS IT TO BE PROGRESSIVE, OR ON THE LEFT?

The debate about what is progress has been going since before Marx was a toddler. Actually, one can go back to Voltaire, and even all the way back to philosopher Abelard fighting Saint Bernard (Twelfth Century).

Abelard believed in debate (“Sic et Non”). Whereas Saint Bernard was all about having explained the world, all by himself, by following the herd, just as the average Christian gnu. Bernard, one of history’s greatest criminals, and thus, a “Saint, said, with revealing madness: ”I believe though I do not comprehend, and I hold by faith what I cannot grasp with the mind.”

Nowadays, many emulate Bernard, holding by faith that what they call the “free market” is the way to whatever they believe we are going to. In the “Free Market”, which is neither free, nor a market, banksters are free to enslave Peoples with as much interest as catches their fancy:

Unemployment Reached Nearly 30% in Greece, To Serve Better Banksters & Their Obsequious Servants

Unemployment Reached Nearly 30% in Greece, To Serve Better Banksters & Their Obsequious Servants

[Well above 50% of the total Greek debt is interest. The graph shall be produced another day! Greece has been ravaged by plutocracy, but is starting to resist.]

My answer is the simplest, to guide those who want a better, or just survivable world: You want progress, go with the truth. And truth is always from debate. That is what should guide the “left”, or whatever they want to call themselves.

Want some simple truths?

***

WHY CLIMATE CRIMINALS ARE RICH:

Vanuatu was just lashed by a grade 5, maximum force hurricane. Those used to be very rare. But heat is energy, so more heat, more energy.

A truth that is simple: California is experiencing the greatest drought in millennia. This is directly related, in my learned opinion, to the general accelerated upwelling observed along such coasts, at such latitudes, worldwide.

Thus the unfolding California disaster (expect striking restrictions within weeks), is part of a much more general catastrophe.

Ironically, California, as the epicenter of USA propaganda, is punished by its own instruments.

This ecological disaster wisdom is percolating down. “70% of the unfolding catastrophes experienced today are caused by the climate change.” Just said in Japan, Laurent Fabius, the extremely experienced French Foreign Minister (an ex-Prime Minister).

His USA homologue, John Kerry warned: “future generations will not and should not forgive those who ignore this moment, no matter their reasoning… It is time, my friends, for people to do real cost accounting,” Kerry said. “The bottom line is that we can’t only factor in the price of immediate energy needs. We have to include the long-term cost of carbon pollution. We have to factor in the cost of survival. And if we do, we will find that pursuing clean energy now is far more affordable than paying for the consequences of climate change later.”

Survival is the concept I have been using for years.

When the greenhouse crisis will strike in full, BILLIONS will die. It’s not just a question of acidic seas rising. One thing will lead to another. Giant wars will erupt as ecological systems collapse.

The attack on Crimea by Putin was fully part of it: Crimea controls half of the Black Sea potential oil fields (and exploration was set to start; now it has been blocked by Western law; companies such as Chevron are blocked; corrupt and backward Russia does not have the tech). Ukraine also has potential vast reserve of Shale Oil and Gas.

One should speak of climate derangement caused by the CO2 CRISIS…

***

PAY SCIENTISTS WELL, THEY WILL SAY AS PLUTO WANTS:

It turns out that some Climate Skeptics” were paid by the fossil fuel industries. All the way to the usual suspect, Harvard University. Cash for claims, that is the faith of academics who grew up in plutocratic universities (I have spent two decades in them, I should have seen many things; I did).

Says the New York Times: “For years, politicians wanting to block legislation on climate change have bolstered their arguments by pointing to the work of a handful of scientists who claim that greenhouse gases pose little risk to humanity.”

The New York Times then details the case of a Harvard-Heritage Foundation, Asian looking (that seems more serious), prostitute, who got at least 1.2 million dollars below the table to say absurdities about CO2.

“Historians and sociologists of science say that since the tobacco wars of the 1960s, corporations trying to block legislation that hurts their interests have employed a strategy of creating the appearance of scientific doubt, usually with the help of ostensibly independent researchers who accept industry funding.

Fossil-fuel interests have followed this approach for years, but the mechanics of their activities remained largely hidden.

[By the way, the recent revelation are coming, through Greenpeace, thanks to Freedom of Information Act, which acts only on government agencies, in this case the Smithsonian Institution; lying, private, plutocratic universities are not forced to reveal the corruption; and also: why did the Obama administration revealed it by itself?]

“The whole doubt-mongering strategy relies on creating the impression of scientific debate,” said Naomi Oreskes, a historian of science at Harvard University…”

The god debate in the USA is the mother of all plutocratically founded brain washing: thousands of extremely rich people in the USA work for god, and are paid by taxpayers.

Plutocrats love god, because god works for them.

As Jesus will save all Americans, Americans should just lay nailed to the cross, as plutocrats walk all over them, and just thank them for giving us a hard time, easing our way closer to you, my lord (of Wall Street).

***

SWEDISH CIA WHORES CHANGING SONGS:

So Sweden, who told us that it was “illegal” to go interview Julian Assange for hard-to-believe sex charges, is changing its mind. Now that plutocrats have spent already 20 million dollars keeping him caged because he looked at a Swedish CIA woman funny.

After 1,000 days of detention in the Ecuadoran embassy, Julian Assange will be interviewed by Swedish prosecutors inside the embassy (for having sex in a non-Swedish way).

British plutocracy has spent more than 10 million pounds watching Assange. Yes, more than 18 million dollars.

Money in the pursuit of plutocracy has no limits. This, from a government which introduced PAY TO PLAY, all over Britain, including education.

It is widely expected that, as Sweden is a stooge for the USA, Assange would be deported to the Guantanamo Archipelago, to see his human rights trampled into nothingness. Nothing personal, it’s all about terrorizing Americans.

Sweden’s Minister of Justice, Bodström

Two women admitted to consensual sexual relations with Assange, but then asked him, they said, to stop what they had agreed to, and that he did not. After this sort of interrupted coitus interruptus, one woman lauded Assange on the Internet, and to the next future victim, who proceed immediately to be equally victimized, upon apparent recommendation of the first.

It turned out that one of the accusers of Assange provided the CIA torture program called “rendition” with victims. So Sweden’s Minister of Justice, Bodström tortures, and that is OK. (That was obvious all along, as he tortured Assange for all to see.)

Assange’s biggest crime? Publishing a video showing Americans pilots gunning down journalists, and then those who tried to rescue them. The Pentagon immediately claimed that WikiLeaks was a “security threat”.

It obviously said something about the USA, namely that the behavior of police in Ferguson is something that the USA finds so natural (shoot first, check later) that it is anti-American to reveal it.

***

HAVE THE COURAGE TO CALL POLITICIANS CORRUPT CRIMINALS:

Matthew Yglesias repeated like a parrot what I have said for many years: small-country, and even medium-countries (Sarkozy, Brown, Blair, Monti, Schroeder), or large-countries (Clinton) politicians generally have personal incentives to go along with troika, or plutocratic demands even if they are against their nation’s interests:

“Normally you would think that a national prime minister’s best option is to try to do the stuff that’s likely to get him re-elected. No matter how bleak the outlook, this is your dominant strategy. But in the era of globalization and EU-ification, I think the leaders of small countries are actually in a somewhat different situation. If you leave office held in high esteem by the Davos set, there are any number of European Commission or IMF or whatnot gigs that you might be eligible for even if you’re absolutely despised by your fellow countrymen. Indeed, in some ways being absolutely despised would be a plus. The ultimate demonstration of solidarity to the “international community” would be to do what the international community wants even in the face of massive resistance from your domestic political constituency.”

But a genuine government of the left would be very different. And this is what we have got in Greece right now with Syriza. — not because its policy ideas are wild and crazy, which they aren’t, but because its officials are never going to be held in high esteem, and great gratitude by the Davos, private jet set. Alexis Tsipras is not going to be on bank boards of directors, president of the BIS, or, probably, an EU commissioner. Neither he, nor Finance Minister Varoufakis even like to wear ties, and they have announced they won’t wear any as long as the Greek debt crisis goes on.

Yglesias’ cogent remarks are nothing new, I have been writing about them for more than a decade. OK, Yglesias is part of the establishment of sorts, he has high visibility, he went the plutocratic university par excellence, Harvard, studying philosophy, so he is supposed to be taken seriously (Krugman refers to him continuously, while censoring my declarations saying the same for years).

All right, so that leaders of small countries betray their countries to foster their careers, is not new, indeed. Draghi, for example is a pure product of AMERICAN plutocracy (PhD MIT, jobs at prestigious American Think (Sink?) Tanks, Goldman Sachs, etc.). So how come this pure pluto made in USA is one of the leaders of Europe? Because European plutocracy is the poodle of American plutocracy.

Not that I do not like Draghi. He is better than his Prussian alternatives. That was just an example.

The situation with Luxembourg and Juncker has been even worse: we are talking about 200 billions of tax evasion a year, there.

When there is no economy but corruption, Pluto is its prophet.

We need a name for all this activity. We have it: corruption.

OK, let’s take a rest. Next I will explain why, as in Greece, Nationalism may help. Syriza governs with a right wing party. In Israel, the corrupt Netanyahu may lose power to a left wing opposition which proclaims its nationalism (“Zionism”).

But it will not end before the fat lady sings, and it’s in France that she playing Valkyrie. Fear, little Plutos, the pain you visited on the world!

Patrice Ayme’

Europe’s Greek Tragedy

January 30, 2015

Finance Without Morality, Is Only Ruin Of The People:

People like a good cliffhanger. It beats difficult analysis, any day. Will Greece be pushed out of the Euro? Everybody wants to know.

The answer is simple: no. Before I explain why, let me point out that Paul Krugman, over the years, said many silly things about the Euro. However, he is learning, and his last effort, “Europe’s Greek Test”, is pretty good.

In the five years (!) that have passed since the euro crisis began, clear thinking has been in notably short supply. But that fuzziness must now end. Recent events in Greece pose a fundamental challenge for Europe: Can it get past the myths and the moralizing, and deal with reality in a way that respects the Continent’s core values? If not, the whole European project — the attempt to build peace and democracy through shared prosperity — will suffer a terrible, perhaps mortal blow.”

OK, Krugman should not call it the “euro crisis”. It’s not anymore a “euro crisis” than the related 2008 crash was a “dollar crisis”. And the point is not to get “past moralizing”, but to get, precisely, in the thick of true moralizing.

Krugman: “But doesn’t Greece have an obligation to pay the debts its own government chose to run up? That’s where the moralizing comes in.” And the moralizing is not just the way plutocrats and their parrots claim it to be. Krugman has finally discovered that only one side is submitted to beating until the masters’ mood improves:

“It’s true that Greece (or more precisely the center-right government that ruled the nation from 2004-9) voluntarily borrowed vast sums. It’s also true, however, that banks in Germany and elsewhere voluntarily lent Greece all that money. We would ordinarily expect both sides of that misjudgment to pay a price. But the private lenders have been largely bailed out (despite a “haircut” on their claims in 2012). Meanwhile, Greece is expected to keep on paying.”

Paying for what? Banksters! Krugman has finally come across the great truth of the so-called rescue of Greece:

“…to oversimplify things a bit, you can think of European policy as involving a bailout, not of Greece, but of creditor-country banks, with the Greek government simply acting as the middleman — and with the Greek public, which has seen a catastrophic fall in living standards, required to make further sacrifices so that it, too, can contribute funds to that bailout.

One way to think about the demands of the newly elected Greek government is that it wants a reduction in the size of that contribution.”

Krugman concludes:

“Objectively, resolving this situation shouldn’t be hard. Although nobody knows it, Greece has actually made great progress in regaining competitiveness; wages and costs have fallen dramatically, so that, at this point, austerity is the main thing holding the economy back. So what’s needed is simple: Let Greece run smaller but still positive surpluses, which would relieve Greek suffering, and let the new government claim success, defusing the anti-democratic forces waiting in the wings. Meanwhile, the cost to creditor-nation taxpayers — who were never going to get the full value of the debt — would be minimal. 

Doing the right thing would, however, require that other Europeans, Germans in particular, abandon self-serving myths and stop substituting moralizing for analysis. 

Can they do it? We’ll soon see.”

The usual moralizing analysis that is done is not just completely wrong, but thoroughly superficial: the average Greek has been punished for a crime she and he did not commit. They are been punished with their lives. Meanwhile, the culprit bankers are not giving back their mansions.

So Germany is going to become reasonable about Greece. Why? Because it is co-responsible: the Drachma was converted into Euro at twice its real value. Germany agreed to this. That instant wealth for Greece was going to bring a lot of purchase of German luxury cars by wealthy Greeks, and it did. So the average Greek was set-up by wealthy and controlling Germans, whose influence made German economists consent to malversation.

Another point: Germany saw its debt cut down four times during the Twentieth Century, and the last time was in 1953. Basically Germany did not have to pay for Nazism and reconstruction.

If Germany did not have to pay for Nazism, why should Greece have to pay for German bankers? (Hmm… Wait. It actually makes sense…)

In particular Germany did not pay in any commensurate fashion for the Greeks it killed in World War Two. How many Greeks did Germany kill when it attacked Greece in Spring 1941, and for the next four years of brutal occupation, complete with sending tens of thousands of Greek civilians to extermination camps? Or killing them on the way?

So many Greeks were assassinated by the Nazis that one does not know how many died. Up to more than eleven percent of the population. Scaled up to the present population of the USA, that would be around 33 million dead.

33 million dead, and now you ask for more?

The sort of governments which has been in power throughout the West, has been serving the wealthy capital class, from the USA to Greece. It’s not just the Eurozone.

The British Royal Mail was evaluated by some financiers at 12 billion Euros. But the “Conservative” government sold it 4 billion. In a few hours of trading, the privatized company gained 60%, making a lots of instant wealth for investors.

Plots everywhere by the plutocrats, what could go wrong? A Great Bitter Ocean to drown in.

Some ponder the nature of man, the Dark Side French ex-justice minister Badinter spoke about.

Yet, that’s another mistake. One does not avoid cruelty by just becoming a vegetarian, or a vegan. Actually, it’s easy to argue that this is an immoral mood.

Instead, blame General Economics.

It has been thoroughly documented that, in national parks such as Amboceli, elephants kill goats and cattle, just because they don’t like them crowding around water holes.

MORALITY HAS TO REACH ACROSS CENTURIES:

Spain, now followed by Portugal, has decided to allow Sephardic Jews to return. Five centuries after throwing them out. This is worth pondering as a morality play. After 381, the Catholic Church became not just a terrorist organization burning libraries, but an officially sanctified one lethal one killing all groups it did not like, and, first of all “philosophers”. The Church came close to annihilating the Jews, but then the Franks took power and re-established the civil rights of non-Catholics. In the following centuries, many Catholics converted to Judaism: whereas the Pope and his goons always threatened to burn alive miscreants, Judaism was more relaxed.

However, for a number of reason, such as Saint Bernard, Saint Louis and the like, and the death struggle against the Islamists who occupied most of the Mediterranean, the Catholic Church and its Inquisition came back in force.

Millions of Jews were thrown out, or forced to convert to Catholicism, or terrified, tortured to death, burned alive. Even towards the end of the Eighteenth Century, Voltaire condemned the execution of a young Jewish girl, burned alive in Portugal, just because she was a Jew.

Well, last week, a ten year old Nigerian girl was covered with explosives, and detonated in a market place, by Boko Haram, an Islamophile terrorist organization.

That would have been unimaginable in Nigeria, sixty years ago (you know, under the dirty colonialists). But now, it’s happening, and it’s the leaders of the world who are culprit. Because that’s the world they organized. With their lies.

So let’s talk truly now, and start with Greece. When one of the world’s most despicable men, Jean-Claude Juncker, a tax evasion specialist serving plutocrats for decades, enabling trillions of dollars to be stolen from the people, say that Greece, the Greek people, should pay, we should retort.

Retort that it is his kind that should pay, so we can start to put an end to the systems of moods and lies they set in place.

Plutocrats and those who enable them, have been full of audacity, for decades. But, without audacity, you cannot save the Republic. Because the world, or at least the ecology, always moves on.

Ah, and of Greece and the Euro?

The Greek Central Bank can actually print all the Euros it needs. So the charade in Greece was made possible by the complicity of the ruling elite. Syriza can put an end to that.

And what of Germany forcing Greece? How? By bringing back the Schliefen plan, and swinging millions of robotic soldiers, through France, as in 1914? Hahaha. Sorry, I am obnoxious. Not likely, anyway, as 98% of the military muscle in Europe is held by France and Britain.

The Euro is the Greek currency. Germans can’t change that. It would be easier for them to adopt the rubble of the Rouble as new German currency instead.

Not that force should not be used. Banksters and their accomplices should be made to regurgitate the ill profits they made from Greece and other places they victimized.

Patrice Ayme’

Banking On Banksters

May 19, 2014

I was gloomy as I saw what happened in 2008 and thereafter: the very financiers who had stolen all the money, were given trillions, to replace what they had stolen. It was as inconceivable as the worst horrors of history, but it proceeded.

In exchange the crooks did not even have to recognize they had been wrong. When it dawned on our unworthy leaders that it looked bad, all this giving from the poor to the richest fortunes in the world, they invented something else: easing money creation for top banks, so that they could “reimburse” the Public: that’s called “Quantitative Easing” (or “the Twist”, or…)

It’s a pleasure to now have Paul Krugman seeing the light, six years later, in “Springtime For Bankers”.  Oh, don’t jump for joy, yet. No, Paul is not seeing the light about “Quantitative Easing”, that’s still beyond what he can conceive at this point. But he has finally seen that the exalted status of banking itself is the problem, and, more generally that:

…”economic policy since the onset of the financial crisis has been a dismal failure. It’s true that we avoided a full replay of the Great Depression. But employment has taken more than six years to claw its way back to pre-crisis levels — years when we should have been adding millions of jobs just to keep up with a rising population. Long-term unemployment is still almost three times as high as it was in 2007; young people, often burdened by college debt, face a highly uncertain future.

Now Timothy Geithner, who was Treasury secretary for four of those six years… thinks he did a heckuva job.

He’s not unique in his self-approbation. Policy makers in Europe, where… a number of countries are in fact experiencing Depression-level distress, have even less to boast about. Yet they too are patting themselves on the back.

How can people feel good about track records that are objectively so bad?…

In both Europe and America, economic policy has to a large extent been governed by the implicit slogan “Save the bankers, save the world” — that is, restore confidence in the financial system and prosperity will follow…

Mr. Geithner’s book is devoted to a defense of the U.S. financial bailout, which he sees as a huge success story — which it was, if financial confidence is viewed as an end in itself… But where is the rebound in the real economy? Where are the jobs? Saving Wall Street, it seems, wasn’t nearly enough. Why?

One reason for sluggish recovery is that U.S. policy “pivoted,” far too early, from a focus on jobs to a focus on budget deficits. Mr. Geithner denies that he bears any responsibility for this pivot, declaring “I was not an austerian.” In his version, the administration got all it could in the face of Republican opposition. That doesn’t match independent reporting, which portrays Mr. Geithner ridiculing fiscal stimulus as “sugar” that would yield no long-term benefit.

But fiscal austerity wasn’t the only reason recovery has been so disappointing… there was, arguably, a lot the Obama administration could have done to reduce debt burdens without Congressional approval. But it didn’t; it didn’t even spend funds specifically allocated for that purpose. Why? According to many accounts, the biggest roadblock was Mr. Geithner’s consistent opposition to mortgage debt relief — he was, if you like, all for bailing out banks but against bailing out families…

…leading experts on this subject are the economists Atif Mian and Amir Sufi, whose just-published book “House of Debt” argues very much the contrary. On their blog, Mr. Mian and Mr. Sufi point out that Mr. Geithner’s arithmetic on the issue seems weirdly wrong — order of magnitude wrong — giving much less weight to the role of debt in holding back spending than the consensus of economic research…

In the end, the story of economic policy since 2008 has been that of a remarkable double standard. Bad loans always involve mistakes on both sides — if borrowers were irresponsible, so were the people who lent them money. But when crisis came, bankers were held harmless for their errors while families paid full price.

And refusing to help families in debt, it turns out, wasn’t just unfair; it was bad economics. Wall Street is back, but America isn’t, and the double standard is the main reason.”

Some hold that Timothy Geithner is creep central. This plutocrat got his jobs because of his connections, and is now president of “private equity” (understand: conspiracyplutocratic central) firm Warburg Pincus. Obama was forced to select the 2008 crisis maker Geithner over his spiritual father, the extremely well connected Lawrence Summers, because Summers’ towering reputation as a sexist, derivatives and plutocratic fiend, was so colossal that even the powers that be cringed.

It’s true that, as chief of the New York Fed, Geithner was the prime proximal architect of the 2008 crisis, so hell could not have been in better hands.

Last week, the New York Times censored by comments about “glaciers disintegrating”, probably because the message that the melting would go faster by one order of magnitude than announced, did not go down well.

This time, one deigned to publish me (progress: in the past such a comment on finance would have been censored). Here it is (beefed up):

“Save the bankers, save the world?” It is worse than that. The bankers are who create the money, and they do so, by re-distributing it, to whom, and what, they feel worthy.

The financial crisis 2008 revealed that bankers had lent the money to unprofitable projects, on such a scale that banks went bankrupt.  In the European Union, and the USA.

It’s true some of the money, in the USA, was lent directly to families who could not pay back anymore the debts they had incurred. How did this happen on such a scale? Because those millions of home owners had been tricked into incurring these debts by misrepresenting the payments those people would have to make.

Thus the bankers behaved like gangsters. However, in spite of the colossal misery they caused, none of these gangsters was prosecuted.

Moreover, bankers had also created a lot of money they lent for highly leverage financial derivatives operations that went very wrong (they went wrong, in part because, by all betting that what they thought could not happen would not happen, the bankers made sure that it would happen). An example of this hedging gone wrong is the bankruptcy of American International Group, AIG (that cost nearly 200 billion dollars).

The futility of separating one side of the Atlantic from the other was made blatant by AIG. The specific unit of AIG that leveraged AIG into oblivion was operating from London.

Highly leverage derivatives was another way bankers went wrong. Those derivatives, in particular the financial ones, dwarf the real economy.  This means the banks are financing a virtual economy, not the real one.

The same phenomenon festers in Europe. The money was not lost for everybody, though: the richest have got much richer.

Rogue bankers create money for themselves and their friends. The public is then asked to bring fresh money to refloat the banks that the bankers and their friends just stole. Then innocent entities get accused (subprime mortgage holders, the Euro, etc.)

In New York, one, just one junior trader was prosecuted for the 2008 crash. He was French, of course. In France Jerome Kerviel was condemned to three years in jail (and initially a multi-billion dollar fine), for having, allegedly,  lied to his employer.

It has not struck the corrupt mind of “justice” that it’s a corrupt organization that allows just one man to trade 80 billion dollars. A corrupt organization in a corrupt system.

Kerviel indeed vociferously asserts that there was an extensive conspiracy to protect Societe’ Generale, one of the world’s biggest bank.

Meanwhile American justice pursues criminally some Swiss bankers. Swiss bankers are from a country small enough to eat raw. French bankers are another matter, and American bankers are, naturally untouchable (American banks are made to pay fines… from QE).

The European economy has been ravaged to give as much money to the bankers and their accomplices as what they had just stolen. And this “austerity” is still going on. Tellingly, in Europe, only the far left and far right parties are starting to understand the extent and nature of the theft, and talk about it. No wonder that they will progress in the European elections, because, increasingly, people are starting to understand the truth. Hey, Nobel Laureate Paul Krugman is nearly there!

The bankers have been saved. The world is therefore still at their mercy.  “Save the bankers, save the world” is in truth: ”Save the gangsters, save the world”. This financial plutocracy is there to stay, We The People are left to pray. On our knees.

Patrice Aymé

Finance Worth: CERN, Not Pluto

February 7, 2014

CERN, the Centre Europeen de Recherche Nucleaire, one of Europe’s greatest successes, proposes to make a new collider, the Future Circular Collider, with a circumference of up to 100 kilometers. The present largest accelerator at CERN, the Large Hadron Collider, or LHC, is 27 kilometers around (at a depth of up to 175 meters, to shield from radiation). The new machine would use the existing particle injectors (worth billions of dollars). It would be mostly south of the present one, mostly under France.

One aim? Searching for Dark Matter. Dark Matter seems to constitute about 25% of the mass-energy in the universe. Most of the rest is “Dark Energy”. The physics some claimed to understand, the TOE, the grotesquely named Theory Of Everything, including the much ballyhooed “Higgs” are only about the remaining 4%. Never, ever, has physics being in such a crisis: it has no idea what 96% of the universe even looks like!

LHC & Proposed FCC Lurk Mostly Below France
LHC & Proposed FCC Lurk Mostly Below France

The loud mouth celebrity physicists, explain everything with their nothing theories. “Big Bang” theorists create universes out of nothing. Yet, they had not seen Dark Matter coming, nor, a fortiori guess it could exist. Dark Matter is, so far, a purely astronomical discovery. “Theories Of everything” bang everything big time, but only within the 4%.

At least I have a theory for Dark Matter… But it is in a completely different explanatory universe: it goes back to the Foundations of Quantum Physics, and it asks: What if? What if Quantum Theory was incomplete? What would be the simplest way in which it would be completed?

This is how Dirac invented Quantum Field Theory and predicted both spin and antimatter. Dirac started from the general Quantum Principle of De Broglie: all and any particle is associated to a wave. De Broglie has also came up with the idea that said wave ought to be compatible, somehow, with Special Relativity.

A Zoo Of Pre-Existing Accelerators Inject Into LHC

A Zoo Of Pre-Existing Accelerators Inject Into LHC

Special Relativity is the Poincare’-Lorentz theory of a mechanic compatible with electromagnetism (which was splendidly abstracted by Albert Einstein a bit later). Dirac guessed an equation for the electron that was relativistic. There was already such an equation (“Klein-Gordon”), but it was a second order Partial Differential Equation (“PDE”), and, for reasons I forgot, it was not satisfying. Dirac got the bizarre idea of taking the square root of the equation, so to speak.

A reason is that the most general wave equation is actually simply a First Order PDE. So Dirac wrote his guess. There was just a problem: it lived in a four dimensional space one had never seen before. That was spin space. So guessing the equation led to guessing the space… a space were spin was natural.

Then Dirac invented an even weirder space, full of some stuff, with holes therein, of opposite charge. At some point it was guessed one could view these holes as anti-electrons, and it was much simpler that way, philosophically speaking.

It was completely unexpected triumph: spin and antimatter were soon discovered, as predicted by Dirac’s equation. Philosophically speaking, the big idea extended further (Huyghens-)De Broglie’s big idea, that waves with frequencies determined by Energy-Momentum were what nature was all about.

It was also the inception of Quantum Field Theory. The next big idea there, at least big idea that I understand, was renormalization. That was also a far-fetched idea, a non-linear feedback of the Field (whatever the Field was) on particle creation, modifying the Field.

(To this day what this all these computations really mean is hotly debated: the philosophy in power was called “shut-up and calculate”… even if it’s not clear what it is one calculates!)

There have been many proposals to “explain” Dark Matter. One of the most spectacular is “Supersymmetry” (“SUSY”). That postulates a symmetry between bosons and fermions. So all the bosons and fermions we know would have a “supersymmetric” partner. As there are lots of bosons, SUSY would create a lot of mass, a lot of Dark Matter.

LHC found no evidence of SUSY. However, SUSY solves neatly other difficulties in QFT (Quantum Field Theory), so even if the giant successor to LHC found no SUSY, SUSY believers would still believe (and they said as much already).

That is, except if someone comes up with a completely unexpected, completely shattering explanation. And the proof thereof, like Dark Energy and Dark Matter, could come from astronomy. So build those giant telescopes!

Some will object about the colossal spending (at least 20 billion Euros for the FCC). But it’s only new science and the new tech it will produce and necessitate, that will avoid the incoming catastrophe and feed the mouths.

The LHC is the largest, most powerful superconducting machine in the world. That led to progress in basic superconducting tech (including safety mechanisms, as the energies involved are huge)

Those who ask to curb spending in science and the futuristic tech enabling it are not just idiots, they are accomplices of the world’s greatest criminals, those who defend the party of obscurantism (like BHL).

Governments and the clueless who vote for them have entrusted, in recent decades,  the so called “bankers”, who are, in volume of stolen goods the greatest criminals ever. And this will go on as long as the ring leader banksters don’t do very hard time, after seeing their assets and properties confiscated as is done for drug dealers (drug dealers are a subset of the banksters community, as banks launder drug cash).

In the very latest scandal, revealed today, most of the world’s largest banks manipulated foreign currency exchanges. If you had told that to the New York Times a year ago, it would have censored the comment (and he did). Krugman, that big leftist, at least from the Wall Street’s point of view, was all for “Quantitative Easing”. What’s that? Sending banksters ever more money, they will save civilization. No wonder Krugman is fat: he probably eats too much caviar.

Yet, don’t be afraid for the banksters, and their caviar stores: this latest massive, multitrillion dollar heist, is not going to send them to jail. Their boy is in the White House, Oblabla his name, feels all self-important, especially when he golfs with, or serves, banksters. The thrill of it.

What can people do? Well, ask for more money, for science and education, pointing out that, whereas Obama and his Republican Congress give their co-conspirator Elon Musk $7,500 each time Musk sells a coal-electric car, the Tesla Model S, they suggested to cut Thermonuclear Fusion research… months after inertial confinement fusion has achieved break-even.

How did the Allies win in World War Two? Because they had more advanced science and technology (radar, more advanced computers and computer scientists/code breakers, more advanced practical plane tech, such as self-sealing tanks, and electronics for proximity fuse inside artillery shells, resisting to 20,000 gs).

Now we can see living corpses of old time fascism: Juan Carlos of Spain, head of a corrupt family put in place by the guy, Franco, that Hitler, Mussolini and USA plutocrats had put in place.

is another living skeleton, inaugurating the most expensive Olympic games, ever, exactly where the last great battle of the Caucasus happened, 150 years ago.

For those who don’t know, Putin led a war that killed 150,000, officially, in Chechnya (said war was started with 5 mysterious hugely lethal bombings of apartment buildings, never elucidated, in the late 1990s… probably the work of Mr. Putin’s KGB). Putin had the Olympic torch carried by famous warriors of the war against Georgia, a few years ago. The region of Georgia annexed by Putin starts 15 kilometers from Sochi. War games or Olympic games? The answer is obvious.

To displace Pluto, we have to displace Pluto’s activities. Spending in physics means indulging in the Enlightenment. If we do not do this, economic activity will happen nevertheless. Somewhere else, less productive. Pluto will find servants, and it’s his activities, not the activities conducive to the Enlightenment, that will dominate.

The Enlightenment is a curious thing. When strong, it dominates. Even those who reject it.

The present president of Algeria, Bouteflika, long a top general, is original FNL stock. The FNL conducted an enraged, hyper cruel war against France, to “free” Algeria (15% of the population succeeded to flee when it was “freed”). OK, I am not denying that (part of) the French government had started (some of) it. It’s besides the subject.

In recent years, Bouteflika has been sick. What did he do? Get the world’s best, most enlightened medical care he could find. He spent months at the Val De Grace, a military hospital, next to Paris. Yes, French military, exactly the fiend the FNL fought like crazy for 10 years or so, now a friend.

So the Enlightenment can win. But it has to be fed. Fund CERN.

Patrice Aymé

Pluto’s Dictators & Their Enablers

February 3, 2014

Plutocracy is bad, but it can be bent. Even some plutocrats develop hearts and minds. An example is the Warner Brothers (who were of Polish-Jewish origin). Their anti-Nazi campaign, started as early as 1933, and, no doubt, helped, for the best.

Sadly, Warner Brothers’ under order from Washington, would produce “Mission to Moscow”, which depicted Stalin the monster as a benevolent uncle. Stalin had invaded Poland, with his friend and ally Hitler, and proceeded to help massacre 15% of the population.

Never, ever, will we forget, or forgive, what happened. Thankfully German TV mentions Nazi horrors several times a day. (In the next part of its enlightenment, Germany may want to explain 1933 with the messianic fascist dictatorship it lived under 1918). This is how to terminate Plutocrats, when they go too far:

French Air Force Terminating Qaddafi’s Henchmen, 11/7/2011, Sirte, Libya.

French Air Force Terminating Qaddafi’s Henchmen, 11/7/2011, Sirte, Libya.

The Nazis ordered the arrest of 22,000 Jews in Paris during the Raffle du Velodrome d’Hiver (July 16, 1942). Because of help from the population only 13,000 were killed.

However, 4050 children were deported, and after months of torture, executed. Some of these children, while in detention, wrote heart breaking letters. Factual letters, full of dignity, asking for help, and the most basic decency. They did not get it. All they got was French adults horrified by the tortures the children were submitted to. Those adults narrated what they had seen, and it no doubt helped in the Nazi rout, two years later.

Reading from a ten year old girl, Marie, asking her papa, gently, to send a picture of him, and her mom, because she did not see them for so long, and wanted to be with them. Unbeknownst to all, the Nazis had already assassinated her mom in Auschwitz. How, why, so much evil?

Some will say, it cannot happen today. Sorry, it does. Maybe not quantitatively, but qualitatively.

Just have a good, cold look at what Bush and Obama have been doing. (Hitler was very good at claiming he had nothing to do with it, whatever it was; Adolf was all for peace, and excellent for posing as a victim: naive idiots, all over, still repeat word for word what Hitler was saying about the Versailles Treaty, and nearly cry.)

When Obama proclaims himself judge and executioner of civilians by drone, worldwide, and add that “ordinary people” are safe from the secret services, that’s the same inhumanity that he is projecting. OK, it’s less industrial. Less industrial at this point, but more obvious.

No wonder Obama’s popularity is low, in spite of the booming economy (in his stupidity, he does not know why he is getting so unpopular, because he does not understand he crossed a moral Rubicon, for all to see. And all have seen, precisely. Something wrong with a giver of lessons that acts in the exact opposite manner.

If we want to avoid the return of horrors such as Nazism or Stalinism. We have to be vigilant, and have tolerance zero for leaders showing patterns of abuse, against anybody whosoever.

The USA, at governmental level has, not just cooperated with infamy, but even organized it: see the complicated four way war set-up by Reagan, ordering Saddam Hussein to attack Iran, while selling to Iran weapons paying for Contra weapons transferred to Nicaragua, thanks to the airport of the governor of Arkansas (skirt chaser Bill Clinton).

A more recent example was the three way deal between Tony Liar Blair, George W. Bush, and Libyan dictator and torturer, Muammar Qaddafi. (The deal left France mostly out, and that proved a mistake, at least for Qaddafi.)

Anyway, the Oblabla administration is trying to make as if it wanted to clean house a bit. Here is the Wall Street Journal, February 3, 2014:

Probe Widens Into Dealings Between Finance Firms, Libya

Justice Department Joins Probe on Possible Violation of Antibribery Laws by Banks, Funds

The Justice Department has joined a widening investigation of banks, private-equity firms and hedge funds that may have violated antibribery laws in their dealings with Libya’s government-run investment fund, people familiar with the matter said. 

The criminal investigation, which has intensified in recent months, is proceeding alongside a civil probe by the Securities and Exchange Commission that began in 2011 and initially homed in on Goldman Sachs Group Inc. GS -2.62%  The Justice Department’s involvement hasn’t been reported previously. 

In addition to Goldman Sachs, federal investigators are examining Credit Suisse Group , J.P. Morgan Chase, Société Générale, private-equity firm Blackstone Group and hedge-fund operator Och-Ziff Capital Management Group these people said…

Authorities are examining investment deals made around the time of the financial crisis and afterward, these people said. In the years leading up to Libya’s 2011 revolution, Western firms—encouraged by the U.S. government—raced to attract investment money from the North African nation, which was benefiting from oil sales and recently had opened to foreign investment.

Investigators are trying to determine whether the firms violated the Foreign Corrupt Practices Act…The 1977 law prohibits U.S. companies and companies listed on U.S. stock exchanges from paying bribes to foreign officials. U.S. authorities consider employees of state-owned investment funds, such as the Libyan Investment Authority, to be foreign officials.”

Qaddafi ran one of the world’s worst regimes. I am happy to have, hopefully, contributed to his demise, by being the first philosopher to call for the dictatorship’s demise.

(Present troubles in Libya are pretty much part of the on-going liberations struggles, some from populations with their own 3,000 year old civilization, which have been oppressed for at least 13 centuries).

Next, of course, should be the butcher of Syria and the dictator of Ukraine. The former ought to be executed, as a matter of principle. Same overriding principle as with Hitler, and the like (too bad Stalin died in his bed; if he had not, maybe Putin would be more careful, and, thus, considerate!)

Notice that the definition of corruption according to today’s Washington, is very narrow: paying “bribes”, whatever that means. When Bill Clinton goes to Nigeria, one of the world’s most corrupt and poorest nations, and he is paid $100,000 for one hour of blah blah blah, is that a bribe? According to Washington, no. According to me, yes.

A bigger example? In 1933 FDR cracked down on Wall Street. Wall Street had provoked the 1929 crisis by speculating in finance instead of investing in the real economy, as its fiduciary duty should have been. In 2008-2009, though, Bush & Obama, instead of cracking down on Wall Street in a similar crisis, crawled down under Wall Street’s jackboot. Same crisis, opposed solution. The first moral, the second as plutocratic, thus immoral, as can be. No wonder We The People is starting to see through Mr. Obama mellifluous homilies.

In other news, New York City has authorized the construction of 15 square meters apartments. That’s a bit less than ten feet by 17 feet. We The People is not just treated like sardines, it will now live as sardines do, inside the cans.

Patrice Aymé

“Greatest Nation On Earth”? Really?

September 7, 2012

YES WE CAN, MURDER WHOEVER WE WANT:

What Else? Not Much. 

The Higher The Assassin Climbs, The More It Shows Its Bottom.

***

[Those who spurn critical thinking can take the blue pill offered by Krugman, trying desperately to mumble vaguely positive about who history may abstract as the assassin in chief! Uncritical thinking: what mussels do.]

***

“We work harder and smarter than anyone else.” 

Thus boasted Obama at the democratic convention. If a politician in France proffered such a lie, voters would think he was not just deranged, but nationalistically crazed. What’s true instead? We are much less employed:

Employment Ratio Prime Age Population

If one had an ethical graph, it would crash through the floor. Obama stood on its head 25 centuries of Ius Belli (see below). Assassination without due process is the only category where Obama unquestionably surpassed G. W. Bush (Bush had implemented free drugs for seniors, effective immediately, so, in a sense, Bush beat up Obama at the health care game: Bush really did something major, and positive, while president).

The naive may object that the collapse of employment was not Obama’s making. But the opposite is pretty much true. Obama approved, with the republican presidential candidate, John McCain, in a showy way, the decisions of the Bush administration. Obama even left the main engineer in charge, tax avoiding New York Fed chief Tim Geithner. Geithner is still in place, having presided over a collapse of employment.

Plutocrats, starting in ancient Rome, have always loved unemployment, because it transforms the People into hungry pigeons who eat in their hands, humbly. Nothing makes Pluto happier that this daily humiliation.

Moreover Obama resurrected Larry Summers, and took him as economic guru, starting in August 2008. This is exactly when unemployment rolled over, big time. The obvious causal relationship is that, at the time Summers gave a presentation to Obama about the importance to save the criminals, the banksters, and re-establish their wealth. that, in turn, gave the Bush administration a green light to do just that. So, instead of playing FDR, that means, stimulator to the economy, Obama played stimulator to banks.

A the time Bush was lost, his dreams smouldering, and checked out (and not just out of Iraq). Geithner, Summers, and the Mc Cain advisers were all in agreement to save the banksters, and damn the real economy. So here we are. Worldwide.  

Instead what had to be done, ALL OVER, was what was done to save the car industry. Obama did it, but just for the car industry (I gave explicit recommendations on how to do it in other industries, so it was possible to do so, obviously… Trillions were spent on the banks, for the banks, by the taxpayers, order of Obabush.)

Mr. Summers was the architect of the sustainable crushing of the economy by an unregulated bubble of financial derivatives and activities, under money hungry resident Clinton. It made the economy red hot under Clinton, and after that, it imploded. For this, people are much grateful to Clinton.

People are mesmerized by Clinton, like birds by a mamba. Something about bird brains, that even mambas understand.

Verily, the much despised Greeks work 2,100 hours a year (that’s because Greece is the country with the most family owned businesses). Koreans work 2,200 hours, and USA citizens work “only” 1778 hours. At least 15 nations work more per hour than the USA… In the OECD alone.

These numbers are known by all serious people. So why is Obama seriously lying to the thunderously applauding multitude? Why is the pseudo left multitude applauding those serious lies? So that they can better forget that their great leader is busy reverting 25 centuries of civilization, replacing justice by assassinations, in the best tyrant style?

It is revealing to compare the French and USA presidential elections. Raw nationalism is very strong, all too strong, in the USA. Nationalism is even viewed as a moral duty, in the USA. In France, among other European countries, nationalism is viewed with intense suspicion, so one does NOT go shrill that way, there. In France, nationalism reeks of insufferable bad manners (except in the despised National Front, despised precisely because of its nationalist rhetoric). 

After all, when the Nazi tanks rolled in, the most important mental force in plain view was nationalism. Nationalism is the “Na” in Nazism.

So no wonder nationalism is not hot in Germany anymore, either. And that’s very gut.

Civilization is not made just of things one does, but also of things one does not do anymore. Lying about other countries is a very bad habit to have. Just as it is a rather bad habit not to reveal that the USA attacked the Republic of Afghanistan, with the help of its henchmen in Pakistan and Saudi Arabia, more than 35 years ago. Attacking people, killing millions, for no good reasons, has consequences. In the fullness of time.

True, Rome killed and enslaved millions in Gaul; but there were good reasons, said Caesar, although the Senate stridently disagreed. The judgement of history, and of most of the Celts themselves, at the time, and even more afterwards, was that Caesar was right. So killing millions is not necessarily bad. (Anyway, conflicts cascaded in Celto-Germania, and Caesar did not start the war, the Helvetes did.)

Killing more than ten million Germans was the price to get rid of Nazism; there was an excellent reason. In Afghanistan, all the reasons of the USA, to sow religious war there in the 1970s, were terrible, anti-civilizational, and part of the price is the unravelling of the constitution of the American Anglo Republic into an unprincipled Principate.

The official story about how 9/11 came about, is an enormous lie. In truth, the USA attacked civilians on the other side of the Earth, and that was followed by a counter-attack, more than a quarter of a century later, after the primeval action of the USA led to the death of several millions in Afghanistan.

The truth is mean, but it is the truth. And even so called “god” cannot do anything about it.

“We are endowed by our creator… we are the greatest engine of growth and prosperity that the world has ever known…” We we we we… Is that a mutation of the self satisfied he he  he he of G. W. Bush?

We, we, we, we have a president who is personally acquainted with his “creator“. Was that creator UBS, or Wall Street? Those were the only creators in plain sight, for the objective observers (except for the millions of suckers like me, all the little tini tiny creators who helped decisively Obama come to power, last time, of course. But then he forgot us all, because we were not banksters!).

Speaking of that great other USA president, G. W. Bush, his CIA tortured those it captured for Qaddafi first. Hey, what are friends for? “We work harder and smarter than anyone else.” Indeed, some world records may have been shattered. Torture records and cover-ups records are piling up. For the whole world to contemplate.

Some victims were left dangling from manacles around their wrists and feet for four months straight (interview on French TV from a famous survivor captured in Asia by the CIA). This assuredly demonstrates that USA torturers can get lazy: leaving a guy to hang around for four months does not smack of hard work. Besides those CIA goons are not that smart, because they forgot to kill all those they tortured, so now they speak (at least to non USA media).

People will say: “Oh, that was Bush, that was before”. Right. Things have become much worse, as a policy of systematic assassination by robots is being conducted worldwide, even on USA citizens, even on some of those who are still children. People should meditate this carefully: do they want a world where a so called “commander in chief” selected by some tribe with 4% of mankind go around the world, assassinating people without judicial process?

The Roman Republic leaders, 25 centuries ago, found such a notion atrocious, repulsive, uncivilized. Some of Rome worse terrorist adversaries received a sort of legal process (for example, Jugurtha, Vercingetorix, Simon bar Giora and John of Giscala; the former three were judged and executed, the latter, condemned to life imprisonment). These events were, in order of people killed, relative to the population then, and the danger they represented to Rome, greater, by orders of magnitude, to relatively puny 9/11. Still the Romans kept their constitutional cool, they applied due process to the criminals.

Formidable adversaries such as Josephus, the top Jewish general in the (treacherous Judea war) in the end was adopted by emperor Vespasian, and inherited his mansion, in Rome.

And the Romans kept their constitution intact, whereas Obama considers he has right of life and death on anybody, worldwide, without a semblance of due process. Definitively a violation of Ius Belli and international law. Say the millennia.

The Romans knew that “Ius Belli“, the Law of War, killing the adversary philosophically, was more important than killing the adversary physically. Obama confuses looking cool as a chap, and cold blooded assassination. Worse: goose stepping behind, cheering and applauding Obama’s exhibitionist love for his family, a circus for little children, USA citizens are carefully arranging their forgetfullness about what the Romans knew, 25 centuries ago. Namely that it matters when one goes and kill people, that everybody understand why, and that the cause be just.

The main axis of France’s foreign policy, since May 8, 1945, has been to re-educate the Germans in the way of peace and love. Franco-German reconciliation has been number one top priority. This was not compatible with nationalism, and that is why France did not seize one square kilometer of German territory after the Nazi defeat.

I turned the TV on, to watch the democratic convention, and here were sexy girls speaking like they knew it all, telling the USA what to think. They were movie actresses, and the crowd just loved them. With a teleprompter, any mental retard who knows how to read can work harder and smarter than anyone else.

Talking about plastic surgery, here was Vice President Jo Biden. All excited, and delivering a pretty good speech. He celebrated, (for want of a better word),  the death of more than 6,000 soldiers, and 50,000 wounded some so very severely, he marvelled with exorbited eyes. The RESOURCE WAR, aka “war against terrorism“, brought a tear eyed evocation. Biden finished on :”God bless you, God bless you!

God bless you for what? Destroying Afghanistan since 1978, just because “yes, we can

What struck me, beyond Joe’s predictable rhetoric, was how Biden had suffered from plastic surgery. His eyebrows were angling up, then came down hard on the side. His eyelids were wide open, as if he had been immensely struck by the incongruity of it all, after been hit on the head. What did that creature remind me of? It felt familiar. Yes. Those Batman movies, with the Joker. OK, I am not a specialist of Batman, and I have not really seen the movie, just extracts, so I cannot explore further what Biden has been trying to say by being a real life imitation of the joker incarnated by Jack Nicholson. Is it all a joke? Is that what he wants to say?

Another contrast with France was the so called “First Lady” that introduced “the love of my life“. Nobody of importance in the USA is aware that the “First Mansemantics was invented by Augustus, Rome’s first life long tyrant. But, even Augustus, did not introduce the ridiculous notion of “First Lady“. Who are the Last Ladies?

And why is the First Lady’s sex life so important? Sorry, I meant romantic. Hey, go easy on the steroids, by the way, those shoulders… And why does the resident instrumentalize his daughters? “Malia, Sasha, we are so proud of you… and tomorrow you have to go to school.” Why is that national news? Why does the president’s official business includes telling his daughters he is proud of them? It’s not obvious? He did not think of it before? He needs a teleprompter to communicate with his family? 

And why are taxpayers paying 100 million dollars for this pathetic, clownish circus?

Are USA citizens so deprived of these things they need to see them on TV? I was amused when Michelle made a huge smile off sync while telling the story of someone who could not afford health care. It was meant to express compassion, but the timing and intensity were off. With these little things sincerity, or lack thereof, shines through. Can one work the appearance of a heart harder and smarter than anyone else? A question much of the world has for the USA.

Michelle…I love you so much” Thus Obama does not just love to coolly assassinate citizens, worldwide. His love is all encompassing. And the other clown who smiles, immensely touched by this apparent revelation, just made to her, watched by hundreds of millions. And they embrace, and embrace… Why don’t they go all the way? Would not that augment the audience? Worldwide exhibitionism. What happens when it turns out that the president was sleeping around with the hordes, as happened so many times in the past, with many other presidents? Maybe all these drugs they are given to perform 24/7, like circus animals who would never, ever, rest in a cage.

For that matter, how come ex-resident Clinton, now filthy rich, is immensely popular while everybody should know, by now, that he planted, with his gardener, Larry Summers, the seeds of the financial disaster? Namely plutocratically engineered derivatives to the horizon, devouring the world economy? Is WE THE PEOPLE dominated by masochism?

So why the exhibitionism? Because when there is enough style, it can displace substance. And when the substance is banksterism as far as the eye can see, it’s best hidden in plain sight.

The best joke was Obama’s content empty discourse. He even forgot to mention “Obamacare” also known as the “Affordable Care Act”. His sycophants used to call that monstrosity his “signature achievement“. And here he was, refusing to sign his achievement again! Tell us it’s not true, Barry-Barack, tell us that you do not just say what the polls tell you to say.

Health care is much improved, just wait for the bill. Apparently Obamacare has become better not talked about. (True the ACA is supposed to increase how much most people are supposed to spend in health care: the act may be affordable, but is it care? The Republicans have noticed that Obama proposed to reduce the funding of Medicare by $750 billion… So naturally they pounced on that, while proposing to transform Medicare into Vouchercare. Democrats are screaming it ain’t fair, as if that were not predictable. Either they are lying, or they really have puny brains)

In truth, Obama and his Pelosi plutocrat carefully wasted time when they had total control with a health care plan that will not work (because it does not have a sustainable mechanism for cost control). They agitated the ACA as the red flag it was, thus distracting the attention of the People away from the banksters (neither jailed nor even prosecuted), and from Quantitative Easing (print money for the banks that caused the crisis), and from allowing banks to use loans as rents for over-valued properties (over-valued by the banks themselves), while they, those Pelosi plutocrats, were keeping the taxes on the hyper rich at rock bottom, more than ever, and closing their eyes on giant loopholes in taxation (such as billionaires borrowing instead of spending).

Did I mention the tripling of troops in Afghanistan? (The Iraq withdrawal was pre-set by Bush the torturer, but that did not prevent Obarack to claim success for it, whereas, in truth, he was kicked out by the Iraqis, after trying to stay.)

The Pelosi plutocrat has long posed as a leftist, while owning Sugar Bowl, among other things. Never mind that Sugar Bowl had plotted with Royal Gorge LLC to destroy a huge amount of wilderness to extent both resorts (now an ad hoc conservation group has saved the wilderness from the claws of Pelosi plutocrat and her kind).

Hope has been tested“. Obama has switched from being the candidate of hope to the candidate of “hopeful“. So cars will go twice further “in the middle of next decade” (news: they already do, in Europe, and they will anyway, even in the USA, when oil hits $200 a barrel). OK, could have been worse: Obama could have passed a law to improve cars in the middle of next century, and improve health care by selling body parts. Small favors are better than no favors. Four more years of empty promises, and love of my life celebrations. In the Roman Republic the two Consuls were elected for a year, and rotated supreme authority every month. OK, Romans did not have plastic surgery honey babies to tell them what to think.

Obama finally left the stage, after bellowing about the “greatest nation on earth“. A god nut, Timothy Cardinal Dolan, archbishop of New York, took the stage to deliver a general blessing. May this land of the free never lack those willing to grab guns, and kill others, said the holly man in substance, as he circled several times around the notions pertaining to “men in uniform“.

‘One nation under god, so dear god, bless the USA.’

The old fat man of god was a nice contrast with the young sexy actresses who had warmed up the scene before. Sex and the City of God. Even more weird was the gun fanatic who got shot in the head (with many others) and came to be rolled out as a great hero, whereas all she proves is that, even before being pierced by a bullet, she did not think right.

But 73% of USA citizens attach the greatest importance to shooting other USA citizens. A problem when crazies get crazier: craziness is viewed as heroism (for further reference, see our historical guinea pigs, the Nazis: the deeper they got in their madness, the madder they got).

So what is Obama proposing to do, by the way? Change you can’t believe in! Obama is mostly proposing to do what he did not do when he was in total control, namely rising taxes on the rich, and imposing a minimum tax of 30% on the hyper rich. It’s safe to propose it now, his masters have determined: he is not in control anymore (the Republicans are). So his masters told him: OK, go ahead, tell them what they want to hear, the Dream, the American Dream.

We work harder and smarter than anyone else. Who is that “we” who haunts us? The plutocrats?

Raising taxes on the rich is also insufficient, in any case: it won’t solve the deficit, right now augmenting at one trillion a year, for a grand total of 16 trillion dollars, nearly as much as the 17,6 trillion GDP of the European Union.. . And certainly higher than the 15 trillion dollars USA GDP. (European countries have an Added Value Tax of at least 15%, by law, 17.5% in France and Germany, up to 20% in Great Britain, 23% in Greece. That reduces deficits, but Obama does not know what it is, although I wrote extensively about it, and offered him a book, where it is, black on white.)

Partisans such as Krugman speak only of a USA deficit of around 10 trillion dollars, allowing the USA to look slightly better than France or Germany. How do they do it? How do they cheat? Partisans of USA greatness omit what the USA government borrowed from USA government funds whose spending in the future is mandated by law.

By the way, recent graphs show the USA GDP going up by leaps and bounds, whereas the EU’s stagnates (with Germany not enough to compensate Britain rolling over, lower, while Italy and Spain sink, and France is going nowhere). This looks good, for the USA, but it means nothing. Inefficiencies, waste, jams, and the intrusion of pay services in what ought to be free (like school and care) augment GDP artificially, or, let’s say in ways that cannot be compared!

Obama crowed that he had signed free trade agreements that allowed to sell lots of products stamped “Made in America”. Never mind that “America” is not an official country.

Never mind that the free trade agreements with Panama, Columbia, South Korea, were long stalled, because of the fear for USA jobs, and passed… by the Republican Congress in October 2011. The democratic crowd roared its approval, of the great Obama victory, grabbing his pen to sign on Republican policy, I guess. I am also for free trade… But only if and when everything else been equal. Actually the USA administration (and also Europe) are claiming that China dumps solar panels. Among other things.

Obama forgot to put a carbon tax, so his ‘5 millions‘ renewable energy jobs did not materialize. (By comparison Sweden passed a carbon tax in 1990, to great success for employment and CO2, let alone energy independence.)

Nationalist frenzy, and plutocratization, are hard to reverse. Citizens of the USA view as a self evident truth that they got attacked on 9/11 by a country they had nothing to do with, as they were careful, and still are careful, to NOT learn what really happen. Namely they do not want to read that the USA was engaged in a war of aggression in Afghanistan as early as 1978. (Shortly after three government sponsored Franco-Afghan geological missions under Dr. Laparent, found great mineral wealth. Is the Afghan war just a Franco-american conflict?)     

Zbigniew Brzezinski, Carter’s National Security Adviser, stated in 1998, to the French “According to the official version of history, CIA aid to the Mujaheddin began… after the Soviet army invaded Afghanistan… But the reality, secretly guarded until now, is completely otherwise:

Indeed, it was July 3, 1979 that President Carter signed the first directive for secret aid to the opponents of the pro-Soviet regime in Kabul. And that very day, I wrote a note to the president in which I explained to him that in my opinion this aid was going to induce a Soviet military intervention.… We didn’t push the Russians to intervene, but we knowingly increased the probability that they would.” [Le Nouvel Observateur (Paris), 1/15/1998] After Brzezinski’s confession, other US officials who denied US involvement prior to the Soviet invasion, also changed their story. (For instance, Charles Cogan, head of the CIA covert aid program to Afghanistan at this time.)

For a fuller quote and a more comprehensive story see: https://patriceayme.wordpress.com/2010/09/17/obama-commemorates-911-his-way/

By the way, it’s really hard to search the web, in the USA, only in the USA, about the Pelosi plutocrat‘s plutocracy, or Carter’s henchmen terrorizing Afghanistan. It’s not just the People Republic of China which manipulates the search engines.

But it works: the professional killer who was leader of the section who killed Bin Laden, although increasingly cynical in all sorts of ways, really believed that the USA was treacherously attacked on 9/11. Attacked, sure. Treacherous? Not so fast. That soldier had no idea that USA henchmen instructed the Islamist Fundamentalists to attack civilian objectives in Afghanistan, and, preferably school for little girls, a full generation earlier. (No, I will not bother to make a search for this from the USA; I would come empty. But, overseas, the documentation is plentiful.) 

Obama also strokes the dream of the unprovoked 9/11 attack.

Whatever happens, plutocracy will soon elect its next USA president. It would be funnier, if it were Biden. With his distorted face, he looks the part. Joker.

Obama has accomplished his role, that of a vaccine against change. You can read through his face his great interrogation: are they, my rich friends, replacing me with one that they would like more? So he mouthed the change-y thing unconvincingly. He took the left for granted, giving it only pittance. All the horrors inaugurated by G W Bush were left in place, more, even more terrible, were added. Worst: the left took Obama for granted Brown skin, lofty rhetoric, what could go wrong?

Fact is, although the assassination program and its death panel is going strong, the economy is going, at best, nowhere (in France, EU, or the USA) once population change is factored out. See the fawning Krugman, September 7, admitting in a burp of honesty, speaking of employment:“A plunge and a stabilization at a depressed level, which has now gone on for almost three years. Everything else is just noise.” (By the way, Krugman is now looking at the employment ratio, which I long advocated as more pertinent than the U numbers.)

Systems of minds are dynamic. As they go on, they become their own initial conditions. Plutocratization is hard to stop. In Rome it got unfettered after Hannibal’s forever wandering cataclysm. The situation got ever worse. 160 years later, the Republic had fallen. Augustus, of course re-established the Republic, formally speaking, so he claimed. With a caveat: he was to be known as the “First Man In Rome.” Princeps. Or as the French, always inclined to abstraction, put it: prince.

Whatever that was, whatever that is, it’s not democracy. Certainly not democracy as the Greeks understood it, and not even democracy as the Romans understood it. An abomination looking for a catastrophe is more like it. In the fullness of time, sometimes the present itself turns into a golden legend, as the floor disappears below a civilization.

Yes we can! Yes we can! Yes we can! Chanted Obama and his helpers four years ago (me among them). Yes, he could. Asssasinate whoever the death panel Obama instituted at the White House wants. This has been Obama’s presidency greatest breakthrough, its true signature achievement. Not fighting climate change. Not bringing jobs. Not rolling back metastatic kleptocratic finance. No. It’s all the way back to the jungle. Yes We Can! Assassinate. Whoever we want. For whatever they do.

And yet ethics was invented for economics, not just survival. When the god fearing Carter sent his assassins to Afghanistan, he set the groundwork for 9/11… And probably much worse to come (the USA has helped Pakistan’s Islamist regime make thermonuclear weapons, thus enabling a potential thermonuclear 9/11).

Nastiness does not just propagates, it feeds on itself. Not that the plutocrats mind. In hell, all fired up, ready to go, their lord dwell. When plutocracy turns into an avalanche, civilization is swept away.

***

Patrice Ayme

Merkler?

May 19, 2012

IS THE GERMAN CHANCELLOR BECOMING CRAZY AGAIN?

Abstract: Thereafter some inconvenient background for the G8 at Camp David. Who does that Merkler take herself for?

Hitler started his career in 1920 as a pawn of the antijewish plutocrat Henry Ford, and Dr H. Schacht, himself a pawn of JP Morgan. By turning the Peoples of Europe into the serfs of banksters, and of some the world’s richest, and most evil men, Merkel is pursuing a similar project. Thus she is morphing into Hitler, Time magazine Man of the Year of 1938.

Some will scream: “Merkel into Merkler? Not so, are you crazy? Merkel does not hate Jews!” Well, maybe she does not hate Jews, but she sure does act as if she hated the Greeks. To death, literally. And soon, all other Europeans, with the same machine she is killing Greeks with.

Hitler was viewed by most, until 1938, as a saint and a genius. Did not he bring the Volkswagen? VW is doing very well, indeed, and maybe all too well (it now owns Porsche, which founded it, at Hitler’s urging, and some localities in Greece buy more of the most expensive Porsche… Than anywhere else in the world… An indication, among many, that Greece corruption is partly tied in to some Teutonic manipulations).  

The evidence is that Germany profitted most from the present European Monetary Union. So why does it now want those who profitted less to commit socio-economic suicide, after living on their knees?

Things changed with Hitler in 1939, when France’s call to arms against Hitler bore fruit. In any case, the mechanism is exactly the same as in the 1930s: a plutocratic machine of some of the world’s richest men is devouring all in the way, and the German Chancellor finds righteous reason to enforce that disgusting repast.

(Speaking of righteous, Germany did not pay reparations to Greece after WWII commensurate with the devastation and occupation it visited on that country: a few dozen millions, when the reality is more like a trillion.)

***

HITLER LOOKED INNOCUOUS TO MOST BEFORE FRANCE ATTACKED:

Hitler advertized himself as a man of peace. Was not he following the analysis and implied prescriptions of Keynes in “The Economic Consequences Of Peace“? Keynes decried the Versailles Treaty. Keynes had observed in 1919 that France insisted to make Eastern Europe independent of Germany. Thus French obstinacy (re)created the nations of Poland, Czechoslovakia, Hungary, etc… This, observed Keynes, was a threat to the great German Reich, and thus to peace. Hitler, comforted by creatures such as H. Schacht, head of the German Central Bank, but, more fundamentally, a pawn of JP Morgan, knew that American industrialists and bankers would support him.  

Hitler, the man of peace, the man who was screaming about peace, was also strongly supported by the Pope Pie XII, and by Gandhi (who tried his best to block the vote to allow India to join Britain and France against Hitler). Most Germans supported Hitler, because they felt it was righteous to recover huge territories to the east that Germany used to possess, or control. When they understood that France would have none of it, and had stiffened the spines of Britain, and then Poland, instead of killing Hitler, as was their moral duty, the Germans persevered in their diabolical error, a hopeless war, fought all the way inside German cities in 1945.

***

THE EXISTING EUROPEAN MONETARY UNION IS A PLUTOCRATIC DEVICE:

So now what? We have an insane system for the European Monetary Union. The problem is not the fact that there is a single currency as all too many American partisans (Krugman, etc.) persisted to claim all too long (in all justice, Krugman has become more subtle recently… some of the time).

The pain of the People is the pleasure of plutocrats. The flaw of the EMU is that sovereign states are supposed to borrow from private bankers. The states are like pigeons, begging for crumbs from Dimon and other daemons… The existing EMU is an institution of plutocracy (rule of wealth) to finance… democracy (which is what Europe is supposed to be!)

The private banks get money at 1% from the ECB, and lend it back at enormous rates to the sovereign states… Which have no choice, but to borrow more as the old debt rolls out.

So the banksters right now charge according to their good pleasure; 1.42% for Germany (ten year), 1.72% for France, and above 5% or 6% for Spain and Italy.
… And up to above 100% for Greece. That is why the Greek debt skyrocketed! Because of the conspiracy of the world’s richest men… Literally. As I said in the preceding essay, the (apparently criminal) Buffet rigged the game, holding and owning all positions of all the main actors. Buffet, of course, is best friend with his admirer Obama and his collaborator and accomplice Bill Gates (whose Foundation feeds Monsanto, etc.) The vultures are not so many, they all know each other.

***

MERKEL IS, AT BEST, MAD:

So who does the leader of Germany accuse for the exploding interest rates? The Greek People today, and tomorrow, obviously, everybody else. Did she learn anything from the Nazis’ gory death?

Did Hitler realize how universally despised and hated a character he had turned into? When did the Germans realize they had elected a monster? When did they realize they had launched abominable policies? 1945?

When Angela Merkel became Chancellor, she extended the policies of her socialist predecessor, Schroeder. Zehr gut. Then she instituted Kurzarbeit, a distinctly socialist policy, infused with central planning and state intervention. She boosted state spending by 10% (an enormous stimulus). With the inner devaluation of lowering charges on companies, and an increased Added Value Tax, she was able to confer an advantage to Germany from the 2008 financial crisis. Zehr gut again.

Having thus injected the German economy with steroids, selling a lot of goods and projects to the European periphery, which could not afford them, was part of the German superiority trick, and the largest private banks in Europe were some of the agents which made it so. Those should be punished. Instead, they are rewarded by the ECB.

Massive bank bankruptcies threatened. The sovereign states stepped in, and are now themselves threatened with bankruptcies. At that point the not so good Kanzler comes finally forward to say “Nein!”. It would be funny, if it were theater.

Now here comes Merkler’s finance minister, from the depth of his wheelchair. “If Greece does not respect her engagements, she will have to get out of the Eurozone!” What a tyrannical clown! Let me remind the minister that he should not talk as if he were in Hitler’s government. He cannot order Greece around.  That was the sort of thing Hitler used to do. Aber Kanzler Hitler is kaput. Precisely because he barked out illigitimate orders. 

Just as the Greek state is deprived of the ability to borrow money from a central bank, Germany is deprived of any legal or constitutional means to order Greece around.

Merkel’s finance minister has the reputation of being very pro-European. He should learn the notion that it’s not because a country is big, that a country is right. If that’s as much of a European as the Merkel government can have, a pity it’s not out yet, to join Sarkozy in the Walhalla of the pro-plutocracy party.

***

CORRUPTION: NOT JUST FROM THE SICILIAN MAFIA:

In a secluded neighborhood I know very well on the French Riviera, villas used to be worth hundreds of thousands of euros. Now a villa is being built, for 40 million euros. By a Belgian banker. He had the construction company and landscaping come from Belgium. Recently the largest Franco-Belgian bank, Dexia went bankrupt, and France and Belgium paid billions to keep its remnants afloat. As presidential candidate Romney just pointed out about JP Morgan losing billions in derivatives recently: it’s all very good, because it’s someone else’s gain.

In other words, French and Belgian taxpayers lost billions, and the money apparently allow Belgian financiers to drive up real estate prices in the plushest areas.

Thus, all over the world.

***

MERKLER, HERE YOU COME:

Does Merkel know she may turn into Merkler? After losing in Germany, even in Germany, nine elections in a row, she does not seem to get the message from the People. She obviously does not want to. Errare Humanum Est, Perseverare Diabolicum.

The Kanzlerin is busy, instead, pushing her own message. Balance budgets, submit to the iron rule of the plutocratically corrupted EMU. Never mind that, when Germany was in economic difficulty a few years back, it was the first to violate the European Monetary Union deficit rules!

Never mind that budgets cannot be balanced, as the largest item are now interest payments, and those are fixed by the thugs who build 40 million dollars villas from taxpayer money.

What is that iron rule of the EMU? That banks ought to rule. Austerity insures that the rule of the PRIVATE banks is sustainable. It’s all about banks.

What does that mean “the rule of the PRIVATE banks”? It means the rule of wealth, plutocracy. To make plutocracy sustainable is what Hitler failed to do. Time for an encore?

The Peoples of Europe are increasingly guessing that there is something wrong in this picture. They incline towards a fundamental rethink. But that does not mean that it will happen. Indeed, few of the leaders are exposing the fundaments. The American left is operating hand in hand with American plutocracy, pushing the vision of destroying Europe, supposedly to fix it.

A democracy is a state, and a state, especially a state of law, is, first of all, a state of force. No force, no law. By not replying in kind with those who want to destroy her, Europe has become accomplice in her own destruction.

Merkel could say, at this point:”I told you so. I apply force on Greece, and that is the law.” Right, Merkel, you are doing that, and an Iron Chancellor, wings dripping with molten iron, just passed by. You just forgot you have no democratic mandate to do so. Actually the mandate you are trying to enforce is distinctly plutocratic.

***

STATES ARE ABOUT POWER, HENCE CONTROL THEIR CURRENCY:

What’s a state? It’s, first of all, a military fact. An army controls an area. The army defines the state. Or then states with large military power collide, and small fragmentary states are in between (small states without armies are either in the middle of nowhere, or collaborate with larger states, such as the numerous states which helped Hitler: Ireland, Sweden, Switzerland, Holland-Belgium (prior to May 10, 1940), etc.).

Money is a device to transmit power from its ruler to rest of the house the state inhabits. Money is not necessary to transmit power, bullets can do fine. Just ask Stalin. However, money is the easiest, and most efficient way to use stick and carrot throughout society, because it appeals to the full panoply of fear and greed.

Stalin was mostly interested to decimate his own country, so that the haggard, terrorized survivors would obey with more enthusiasm to him than the Nazis did to Hitler… Decimation was a method well known of the Roman generals.

In particular, money can empower the free market. Whereas an army is necessary to define a state, the free market is a luxury, a dispensable tool of the state.

The European Union was led by French socialists who, during the 1980s, were anxious to show that they were appreciative of bankers and Germans. They established a European Monetary Union in which  money was controlled by private bankers. That pleased to no end the City of London and Wall $treet (let alone the sponsors of the late French president Pompidou).

This is of course all wrong. The democratic chain of implication: People > State > Money was broken, because, in the EU, Money > State. This was also the implication under Hitler. This is the implication Merkler finds natural.

Simple people do not have to be punished because giant banks invested with their friends, and all the money was lost… to their friends. (OK, not really lost, as Rommney unwittingly pointed out, just transferred from the People, to his friends.)

***   

WHAT TO DO?

One has to change the way the EMU works, right away. Sovereign states ought to have access to money to make their economies functional, as needed.

Sovereign states cannot beg plutocrats for crumbs, as if they were pigeons, as they do with the present EMU. Indeed, that very act of begging contradicts the notion of sovereignty. Germany should be warned that it is, once again, standing in the way of peace and prosperity in Europe. And that this time one will not wait 20 years to strike back.

Germany could of course say:”Oh, well, if you take it like that, we Germans will deal with Putin, who has been very friendly to us.” Once again, that’s nothing new. Friendship and business with Russia’s old demons was the route taken by Germany in the 1920s and 1930s. Germany had a discrete, but deep alliance, including a military alliance with Stalin,  until 1939, when it became loud, clear, and abominably efficient.

Let me remind the crazy Kanzlerin that the old ways did not work too well: ten percent of Germany got killed, and much German territory is forever gone. Time for a bit more imagination, and artistic creativity.

History threatens to repeat itself. Time to interrupt it. Rudely. I hope that essay was rude enough. But, if not, I can do better.

***

Patrice Ayme

***

The Axis occupation of Greece killed between 5% and 12% of the population (as Americans and British instituted a civil war against Greece after 1945, the records have been hard to keep).

The Greek National Council for Reparations from Germany reports the following casualties during the Axis occupation of Greece during World War II. Military dead: 35,077 including, 13,327 killed in the Greco-Italian War of 1940–41; 1,100 with the Greek Forces in the Mid East and 20,650 partisan deaths. Civilian Deaths: 771,845 including: 56,225 executed by Axis forces; 105,000 dead in German concentration camps (including Jews); 7,120 deaths due to bombing, 3,500 merchant marine dead, and 600,000 war related famine deaths. Greek Jews assassinated, with their property stolen, totaled 69,500.