Posts Tagged ‘Buffet’

Gates Of Hell

November 18, 2013
Here they were, on the magazine“60 Minutes” of CBS News, a magazine once made famous for courageously revealing serious data about the Vietnam War. Here were our lords. Our Lords. On the left Warren Buffet, who made a fortune from health “care”, on the right Bill Gates, who made a fortune from technology he didn’t so much invent as exploited.
In the middle, domineering psychologically and physically, in a striking mix of self appreciating virgin Mary, and ramrod straight Marie Antoinette, Melinda Gates, Bill’s spouse.
The subject? The tremendous good plutocrats make, as governments flounder, and the billionaires come to save us, by displacing and replacing  it (say by replacing public schools by charter schools, with the benediction of Obama).
Gates Tax Free Palace, Seattle Behind

Gates Tax Free Palace, Seattle Behind

The propaganda piece told us how the billionaires were a “silver lining” in lieu of government for education, research, health, etc. Hey, the Gates, we were told, nearly eradicated polio. Things sure have changed since the Vietnam War.

The 60 Minutes interviewer was Charlie Rose (himself family connected to plutocracy). Here is his introduction:
Today, the wealthiest 400 Americans are worth over $2 trillion… they own as much wealth as the bottom half of American households combined.
 
While resentment towards the super rich grows, there may be a silver lining taking shape. It turns out a lot of those rich people are giving staggering sums of money away, in what is being called a golden age of philanthropy.
 
And this surge in generosity is not by accident…. it was started by an influential trio: Bill and Melinda Gates and Warren Buffett… Learn more about their new club for billionaires. Membership comes with just two requirements: be worth at least a billion dollars and be willing to give half of that away.”
The report did not define what “giving” means. As we will see, it’s not “giving” at all. It’s more like the difference between leasing and owning. Or more like the difference between having capital, and having a rent. Rich people, in the Nineteenth Century, were called “rentiers”. Because they had a rent. This is what Buffet advocates. A rent. Tax free. Instead how going to the Buffet once, go there everyday. For free. Forever.
 
Nor did the report insist that money is all about controlling power. If one has power control, one does need money. It alluded to that problem, just to refute it. How? Hell, the Gates “nearly eradicated” polio. (They did not eradicate Monsanto, though…)
“60Minutes”:”Buffett and the Gates invite pledgers once a year to exclusive resorts like Kiawah Island in South Carolina. Here billionaires attend sessions on how to give money away more effectively. Our cameras were not allowed in.”
[Nothing like “exclusivity”; camera pans out on incredibly luxurious accomodations, gigantic resort, gold plated everything, cashmere carpets, crystal chandeliers, etc…]
“60 Minutes”: “This day’s agenda: it included lessons on how tools like technology can be used to transform failing schools and, with the government cutting funding on medical research, how can philanthropists step in and help spur new medical breakthroughs. But we wondered, what else goes on behind closed doors?
Randall Lane [Forbes Magazine editor; interviewed by “60 Minutes”, as part of the segment]:
The public has a right to know who owns the world. Government is showing, you know, over the past couple decades that it can no longer solve the great problems of the day. Now these philanthropists who have incredible wealth, the problem-solving brainpower, and also the name and the influence to be able to open doors are uniquely qualified right now to solve the huge problems.
60 Minutes: But that does raise the question: do these billionaires have too much power?
Charlie Rose: There’s some people who say big philanthropy is not such a good idea, meaning that somehow you have enormous power and you’re not elected and, and that that may not be such a good idea to have people with enormous wealth to have so much influence.
 
Warren Buffett: Well, would they prefer dynastic wealth? Pass it on. Or would they prefer, you know, obscenely high living?
 
Bill Gates: …We do think we’re all gonna be smarter and do it better learning from each other. But there is no pooling of money. We celebrate the diversity of philanthropy.
Charlie Rose: “OK, so there’s no instance in which somebody could say, “Look, I mean, we got too many people of huge wealth who are having too much influence.”
 
Jean Case [plastic surgery billionairess]: “Well, Charlie. Think about Bill and polio, for instance. Bill and Melinda’s work in polio. I mean, they’re coming close to eradicating polio on the face of the Earth. I think when we have a couple of examples like that, people will see, that’s not power being used for personal purposes. That’s really leveraging everything you have to change the world to make it better.”
 
What is all this giving all about? Creating “Foundations” upon which the relatives of the hyper wealthy can get a rent, tax free, forever. It all started with Rockefeller, a century ago, and was initially blocked by all, ferociously. But times have changed. A lot.
For plutocrats, wrong is right. So when they are wrong, they feel right. By definition of what “Pluto” means.
The mythical Jesus Christ discovered this 2,000 years ago, and was very clear on the subject:“A rich man will find it more difficult to go to heavens than a camel through the eye of a needle”. It is curious that Christians are not making more noise about this.
Krugman is coming to the same conclusion as Jesus. Me too.
The true aim of economics ought to be work and energy (same thing). Instead it has evolved into theories about money, something private bankers create on behalf of the government, and give to their friends and clients.
A whole generation of economists has become rich by serving the rich with theories that help the rich. Why would they stop? They would endanger their income, power and reputation by doing so.
Now we are being told that money ought to govern, not just economics, but society itself. Directly.
The Foundation Law allows plutocrats to exert power, basically tax free, forever (there is 2% tax on “investment income”). Foundations just have to spend 5% of their capital a year, but the beauty of it, is that they can spend it on themselves. And they do.
Example: Gates’s palatial headquarters in Seattle.
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Patrice Ayme
 

MEDIATING PLUTO

September 25, 2013

New York Times: Plutocrats Are “Common Sense”!

Plutocracy is much more than simply the rule of wealth. More generally, plutocracy is the rule of the neuro-emotional complex symbolized by Pluto, the Indo-Euro-Arabian god of the underworld, known under many names  through the ages: Angra Mainyu, Mara, Hades, Diabolos, Satan…

Not a positive for commoners, one would guess. So how come Plutos rule all over? Well, Plutos’ popularity is the fruit of massive Big Lie campaigns (steady campaigns of little lies piling up, also help). The cult of Warren Buffet in the USA is striking: arguably Buffet ought to be in jail, for profiteering from massive inequality he helps procreate, but, instead, Buffet, a grandfather figure, is in most Americans’ hearts.

As shown below, Maureen Dowd, star editorialist at the New York Times, claims that Pluto/Buffet, is the epitome of wisdom. This sort of wisdom, buy low, sell high, whatever it takes, is why the USA killed Allende (1973), attacked Afghanistan (officially, but secretly, as early as 1979, on the order of another grandfather figure, Jimmy Carter), invaded Iraq, etc. And why, increasingly, most people are on their knees, adulating plutocrats, their ways, notions, solutions, and forsaken world.

Hitler: Enslaved To Pluto

Hitler: Enslaved To Pluto

According to Maureen Dowd the “inspiring, compassionate and patriotic common sense” of plutocrats fully opposes the “Republicans”. Yet, of course, all what “the Republicans” do is to serve their masters, the plutocrats, and especially Buffet!

Is Dowd mad, or is she a complete idiot, or is she paid vast amounts of money, and has no other values, whatsoever, or is she using Hitler’s Big Lie technique, or is it all of the preceding?

When Ketchum, W. Bush’s Public Relation firm, sent the New York Times an editorial full of Putin’s Big Lies and absurdities, the NYT published it. Without warning the readership that it was wacko. Putin is one of the world’s most prominent Plutos. It ought to be unlawful to publish demonstrably Big Lies (and the New York Att. General agreed today with this new notion).

The NYT is the “Newspaper of record”, it sounds informative, fair, balanced and critical. Yet, the New York Times never makes a serious critique of plutocratic power. Whereas it celebrates plutocrats every day. And how. OK, OK, plutocracy is New York’s business model…

An example? NYT’s Maureen Dowd’s America’s Billionaire, 22 September 2013. Maureen exults:

“The victory for common sense last week was not in Congress, but at Georgetown University. Speaking to an excited crowd of students and others Thursday night beneath soaring stained-glass windows, the 83-year-old Warren Buffett offered inspiring lessons in patriotism and compassion — traits sorely missing here as Republicans ran headlong toward a global economic cataclysm and gutted the food stamp program.

“I am sorry I’m late,” Nancy Pelosi murmured sardonically, as she arrived at the Buffett event. “We were busy taking food out of the mouths of babies.”

Questioned by Brian Moynihan, the C.E.O. of Bank of America, and later students, Buffett seemed happy to be back in one of his hometowns, where, as the son of an investor from Omaha who became a congressman, he had once worked…”

Milking politics for money is hereditary among the Buffets: Buffet’s dad went to Congress, Congress comes to his son. Buffet made a fortune (dozens of billions) from his political connections, starting way earlier than Nixon.

In the USA the biggest plutocrats preach at the ruinously expensive private, state sponsored, universities. For those who don’t know, Warren Buffet is a 50 billion dollar worth billionaire. Buffet is the object of a cult in the USA. Buffet is closely associated with more than a hundred equally soaring billionaires, including Bill Gates. In the USA, plutocrats form packs.

For those who admire education in the USA, let them me informed that the “cost of attendance” at Georgetown in 2013-2014 is $62,570 (that is at least 20% above the pre-tax median family income in the country). Buffet’s audience is onto the plot of mixing riches, politics, and gouging:

Buffet is the grizzled spider of plutocracy central, trillions of dollars of private wealth, steering the world as it wishes, with the USA’s top politicians “busy taking food out of the mouths of babies,” just to fit in.

Dowd writes:“five years ago, Buffett said at Georgetown, he and Gates began plotting about philanthropy and now they have enrolled 115 plutocrats pledging a majority of their net worth. “I’ve been dialing for dollars…

Plotting plutocrats: Maureen is in love.

People such as Gates and Buffet are celebrated “philanthropists”. Not only do they steal us, but we have to say that’s because they love man.

Christ said it was easier for a camel to go through the eye of a needle that for rich men to get to paradise. Gates and Buffet, and all plutocrats of the USA are thus all miracles come alive, we better kneel when those saints are on TV.

The hyper wealthy don’t pay tax, by trickery.

Worldwide, every year, tax evasion by the hyper rich is evaluated to be between 20 and 30 trillion dollars, about half of world GDP. In other words, all the debt problems and problems about paying for the welfare states don’t really exist: they are just the cost of tax evasion by the hyper wealthy.

But there is still a higher category than the mere wealthy: the plutocrats, also known as philanthropists.

Indeed: philanthropists do not pay taxes, legally. When Gates goes to Kenya, as a “philanthropist”, with private security, in a huge private jet (of a company he owns), and stays at the best hotel in Kenya with his hangers-on, and various prostitutes, it’s all… paid by taxpayers. All that luxury and power is viewed as “non profit”. Cute. Then Gates gets to steer the politics of Kenya in the matter of research and makes Kenya buys from private companies in which Gates and his friends are invested. Even cuter. Gates of hell?

Indeed, Warren Buffet and Bill Gates have been pushing around onto the world the Genetically Modified Organisms of Monsanto (another name for the Gates Foundation, considering the exchanges of personnel and contracts between both).

The connection with politics, in the USA or worldwide, is how Gates and Buffet more than doubled their wealth in times when vulgar Americans’ worth slipped, big time.

“Philanthropy” has become another name for legalized plutocracy. Big plutocrats are “philanthropists”, by tax evading definition.

Dowd relates Buffet’s ‘enormous’ admiration for those who brought the 2007 crash. Says Buffet:

“I give enormous credit to Ben Bernanke and Hank Paulson and Tim Geithner and frankly, even though I didn’t vote for him, President Bush.”

W.’s “great insight,” one worthy of Adam Smith, Buffet said, was expressed in 10 words in September 2008: “He went out there from the White House and he said, ‘If money doesn’t loosen up this sucker could go down.’ ”

What “sucker”? The Republic? The plutocracy? Is there a difference for Bush or Buffet, or Gates, or Pelosi, or Geithner (and his master Summers and their student, Obama)? Who is “sucking” what? Was the plutocracy “sucking” the Republic, in danger of coming down?

So money was “loosened up”? Which money? The money of the stingy Public. In exchange for what? Here is an explicit example of Buffet’s genius.

Buffet “bought” Goldman Sacks at the lowest price (for $5 billion), days after Lehman, a 158 year old bank failed, and was not rescued. How did Buffet know for sure that  the same treatment was not going to be extended to Goldman? How did Buffet know, for sure, that Goldman, like Lehman, was not going down to zero? Because Hank Paulson used to be CEO of Golman? Or was there more?

Had I been president instead of Bush, I would have waited until Goldman’s price was roughly zero (that would have been a matter of minutes, if the word had come out that no government money was coming), and then nationalized it (by having the government buy all the shares). Buffet would have been wiped out.

But Buffet had no such worries: he knew full well from his friends (the ones above) that they would loosen up $60 billion of PUBLIC money to make that Goldman Sacks sucker float.

USA 2013: Hate Starving Babies, Laud Plutocrats

USA 2013: Hate Starving Babies, Laud Plutocrats

That 60 billion dollar public flush, of course made Buffet very much richer: his shares became more valuable, several times over. Who paid for making Buffet richer? The Public, with its 60 billions, in exchange of which the Public got nothing, except listening to Buffet’s ‘common sense’, and seeing the Main Stream Media and the top politicians, sing the praises of this mafia boss, to high heavens.

So, instead of investing in new science and technology, health care or high speed rail, the Public invested in Buffet and his close associate billionaires (who also invested in Goldman, as they were on heist too).

Sad is a country where “money changers” are viewed as the guiding lights. Nancy Pelosi, head of the democratic party in Congress, laughs that we are “busy taking food out of the mouths of babies.”

And what if it were true? Pelosi, although worth only 1% of Buffet, is immensely rich herself, owning vineyards, ski resorts, etc. A typical top politician of the USA.

What proofs of corruption do we need? How did Pelosi make all this money? She did “fund raising” half of her life, from Marin County, and then ran for office (from said county, I run there often). Just as with Buffet, Pelosi’s father was a professional politician; her own daughter has been launched that way.

FOUNDATIONS are fundamental to the implementation of the politico-plutocratic complex. Foundations allow to implement philanthropy, that is, plutocracy.

How does it work? A Foundation Law was passed the same day as the Income Tax Law nearly a century ago. Foundations don’t have to pay tax, they just have to distribute an amount of capital vastly inferior to what would be taken from them in taxes if they were for profit. So they can grow.

They can pay their personnel heftily, so family members can live rich and happy, on the Foundation’s money, without being hindered by things as base as inheritance tax. Monsanto can also hide behind Gates’s Foundation and tweak research away from what bothers it, at will. Worldwide.

Buffet and Gates, together, control more than $100 billion dollars. With the Gates Foundation, they control nearly $200 billions. Moreover they perniciously leverage this enormous muscle by harnessing public money. Indeed they are the ones who decide how public money is spent. Watch Obama pose as the Gates’ pets in matter of education (the lad wants money when he gets out).

In the USA, the Gates Foundation focuses heavily on “reforming” education. The Gates pose with the (naïve) president as reformers. The net result is a huge discrediting our public schools, and a significant possibility of future “privatization” (another word for plutocratization).

“We’ve got something that works and we don’t want to mess that up… I buy at silly prices… acting foolishly has proven very profitable over the preceding few years … we must figure out how to “share the bounty” said Buffet to his Georgetown audience. Yes, “silliness”, foolishness worked for him, and for his political and plutocratic friends, and their hangers-on.

Yes, here we have 117 plutocrats united to make plutocracy into the tax free foundation for a new world order. They are too idiotic to know that the definition of the old aristocracy, in the Middle-Ages, was precisely that of philanthropists who paid no taxes. (And, very precisely, the French revolution was about making aristocrats, the 2%, pay tax!)

The buy and sell cockroaches, anti-intellectuals such as Gates and Buffet, lead the world into buying and selling itself into oblivion. Because you know what? Being led by cockroaches does not a civilization save. Instead it falls into the Black Hole of the lowest values.

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Patrice Ayme

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[Artwork: Thx JM Garland.]

Sage Of Obama

May 9, 2012

WEALTH AS WISDOM?

So Say The President Of The USA.

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Main Ideas: Obama declared his love, respect, admiration for one of the main authors of the civilizational crisis we are encountering, a plutocrat, Warren Buffet. A case study that absolute power corrupts minds absolutely. Will the French socialists be able to stop the rot?

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Abstract: Plutocracy is defined meekly as having to do with the rule of wealth.

When the Greeks and Romans talked about “Ploutokratia“, they meant much more than just wealth ruling, but the rule by the invisible (Hades) god of the underworld (brother to Zeus = Deus). Shadow Banking, that is, invisible banking, Hades banking, here we come!

The rule of Pluto is therefore the rule of evil, not just the rule of wealth.

The fundamental civilizational crisis we are confronting is rooted in plutocracy. Plutocracy has not just grabbed all the capital, all the power. It has captured the minds, making them corrupt, stupid, and degenerate.

Obama’s love statement in “Time” (April 2012) about an ultra wealthy tycoon he calls the “Sage Of Omaha” is a case in point. Here is the president of the USA telling us that from great wealth flows great wisdom.

Never mind that five minutes of Internet search show that Buffet, in truth, owns the rating agencies, and Goldman Sachs, and use them to rat on countries, entangle them in elaborate conspiracies and corruptocracies and force them to pay enormous interest rates as they go bankrupt, and millions starve, while thousands kill themselves, out of despair.

This Buffet, according to the president of the USA, is the epitome of what is now meant by morality: a winning formula for the integrity of empire.

Nowadays, it’s clear that Obama’s sycophants have been turned, by Obama’s own acts, into Buffet’s sycophants. A fact, not an opinion. So it was that in the 1930s. Then, some called themselves “nationalists” and “socialists”, and many on the left, supported them. Just because of the way they called themselves (and the lie was deliberate, as Hitler explained in excruciating details). Another fact, not an opinion.

It’s high time for Europeans to see the actions of people such as Buffet for what they are: acts of war. We have seen that circus already in the 1930s: great wealth pushing its little pawns (Mussolini, Hitler, etc.)… and reaping massive profits later. It would be better if Americans saw it too.

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WHAT TO ADMIRE AND RESPECT, BY THE PRESIDENT OF THE USA:

Times Magazine came up with a special issue on the 100 most influential people in the world. Most of them are Americans, sell stuff, and are very rich. Among them, Warren Buffet. The president of the USA came out of presidential reserve to write an ode to him. Here it is:

“Warren Buffett

Businessman

By Barack Obama

Wednesday, Apr. 18, 012

In the spring of 1942, an 11-year-old boy from Omaha made his first big investment, putting nearly his entire fortune — about $120 — into three shares of Cities Service Preferred. By June, the stock had dropped sharply, devastating his holdings.

But it’s fair to say that things got a little better for Warren Buffett after that. His shares recovered, he sold them for a small profit, and he has spent the seven decades since in a relentless search for value. Warren has seen countless financial fads come and go. Through them all, he’s sought companies with real promise and invested with integrity.

Clearly, it’s a winning formula. Today Warren is not just one of the world’s richest men but also one of the most admired and respected. He has devoted the vast majority of his wealth to those around the world who are suffering, or sick, or in need of help. And he uses his stature as a leader to press others of great means to do the same.

The Sage of Omaha has handed down plenty of lessons over the years. Today, at 81, he reminds us that life is not just about the value you seek. It’s about the values you stand for.

Obama is the President of the United States.”

[I underlined sections of Obama’s declaration that I deconstruct below]

***

DECONSTRUCTING GARBAGE:

A few Europeans of center-right persuasion commented on the preceding passage:”One can feel a sick admiration for wealth“, “Hallucinating“, “Wow, that one is pretty corrupt“… One wonders what Americans would, ought, to think of it. Generally the analysis on the left, Krugman style, is:”Romney is the devil, therefore Obama has got to be god, or, at least, good.”

I will deconstruct some of the points made by Obama above:

1) “it’s fair to say that things got a little better”. Those sort of hypocritical formulations are loved in the USA. Why hypocritical? Well, Buffet made more than 50 billion dollars. So to say “fair to say things got a little bit better“, is well below (hypo) a correct critique. It’s neither fair, nor remotely approximate to truth. If that is what Obama calls “fair“, one cringes to imagine what Obama calls “unfair”. It’s rather idiotic to be that much below a fair critique, or, then, it depicts the expectation that one expects to talk to idiots.

A formulation such as this is a lie. In truth, things got ENORMOUSLY better for Buffet. Such an hypocrisy is viewed as basic intellectual politeness in the USA: it teaches to make lying honorable.

One could apply such hypocrisy to the Holocaust of the Indians:”It’s fair to say things got a little out of hand for the natives.”

*

2) “relentless search for value”: What is “value” in Obama’s mind? Is it what other call financial wealth?

Buffet owns the major credit agencies (supposedly in competition with each other, especially now that they have the same owner). Then he also owns government bonds those agencies rate. Relentless indeed. When the scene of the crime is set, and the poison served, what are the knights standing outside supposed to do? Wait for mayhem? Show me how Buffet did not make profits from the debasement of entire countries. Why? Because he stands accused in the court of history. Why somebody like that is not in jail shows that the law is of little value.

3) “invested with integrity”: Surely, somebody who rigs the sovereign borrowing markets worldwide, driving governments to cut basic services, to the point millions are driven to destitution and thousands suicide themselves, is not honest. So Obama either makes a deliberate effort to misconstrue reality, or alludes to “integrity” in its two other meanings. As the dictionary has it:

b) “integrity”: the state of being whole, entire, or undiminished: to preserve the integrity of the empire.

c) a sound, unimpaired, or perfect condition: the integrity of a ship’s hull.

So is Buffet a crucial ingredient in the integrity of the American ship of state, a keeper of empire?

*

4) Clearly, it’s a winning formula. “Winning” and “formula” take a new meaning. It’s not science, it’s not lofty, it’s all about making lots of dough.

*

5) one of the most admired and respected [men in the world]. If what I say above is true, and it’s public knowledge, then the people who admire and respect Buffet, are accomplices into turning the world into a buffet at which they splurge. Hitler was all too long one of the most admired and respected men in the world. Actually he made the cover of Time as “Man of Year“.

Now, OK, great godfathers in the Mafia, were admired and respected. Therein their strength. The admiration and respect Germans had for Hitler, allowed the Nazis to instill discipline in Germany with just 7,000  Gestapo officers (by contrast, a fifth as large East Germany, obviously less admired and respected, had 160,000 Stasi officers in charge of disciplining the masses). Hitlerland was all about admiration and respect for Hitler: respect and admiration made Hitlerland possible.   

*

6) {Warren Buffet] has devoted the vast majority of his wealth to those around the world who are suffering, or sick, or in need of help.

That’s an outright lie. As I said above, Buffet, as we speak, starve millions.

Buffet though said he would give a lot of his fortune to the Gates Foundation, an instrument of domination for for-profit companies such as Monsanto. Just like the wife of Gates is big in the Gates Foundation, one can expect the descendants of Buffet to be big too. Maybe they can employ some Obamas too. Hey, it’s all tax free, but the power and prerogative, let alone the luxury, are real.

And the integrity of empire is thus invested with maximum hypocrisy, and a winning formula.

*

7) “The Sage of Omaha”: With a  sage like that, who needs Satan?

*

8) life is not just about the value you seek. It’s about the values you stand for.

As explained earlier in Obama’s ode to Buffet, in Obama’s mind, “value” means wealth. The other values Buffet stands for are conspiracy, hypocrisy, and infamy.

It’s not just about owning the largest private jet service in the world with his friend Gates (see Foundation, above). It’s not just about owning rating agencies and selling short or going long to increase one’s value. it’s not just about owning Goldman Sachs. What is more infamous than piling up power, so as to have the president of the USA eating in one’s hand, like a vulgar pigeon, for the entire world to see? The lack of decency is deliberate: once the American People has been debased enough, it will accept even more trampling by wealth and power.

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FRENCH COUNTER-ATTACK?

Voltaire ordered to “Crush Infamy!” (“Ecrasez l’infame!“). Crushing infamy is not a choice, nor a fad. It’s a matter of basic cleaning of civilization when pollutants like Buffet, and their brainless sycophants pile up. Otherwise the arteries of civilization will clog, and it will have a heart attack.

Before crushing infamy, we have to point at what it is. The cult of Buffet is, in my opinion, a thoroughly despicable mastermind of the humiliation and submission of civilization. Let it be despised.

Hopefully, let the French socialists will understand that when they talk to their American interlocutors, there are just talking to servants who want first and foremost to fill up their pockets by brown nosing their masters.

As president elect Hollande, said, month ago:”I will reveal who is my opponent, my true adversary. He has no name, no face; he belongs to no party; he will never declare his candidacy. He will not be elected, yet he governs. My enemy is the world of finance. Before our eyes, in the past 20 years, finance has taken over the economy, society, and even our lives. It is now possible, in a split second, to move astronomical amounts of money, threatening the very fabric of states.

“What was once merely an influence has become an empire. And, far from being diminished, it has been strengthened further by the crisis spawned on Sep. 15, 2008. Confronted by the force of finance, the pious promises of regulation, the incantations of ‘never again’ have come to nothing… Everything has been downgraded.

[Those ideas will be familiar to my readers!]

Everything has been degraded, including the presidency of the USA, now little more than a Public Relation firm for the very owner of many companies whose conspiracy is roiling the world into a Greater Depression.

People like Mr. Buffet, as his ancestors of the 1920s and 1930s  are driving the world towards dictatorship and terror. They, and their practices, were not viewed for what they were. The road to war.

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Patrice Ayme

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Note on wealth as hell: The idea is generally attributed to Jesus, but it was borrowed from the Greeks, who had it in writing six centuries earlier. Pluto replaced Hades in the Greek and Latin world. Ploutos, “πλούτος“, means “wealth”, but there are other Greek words for it. (Satan, from the Greek Satanas, just meant adversarial.)

At the time, a succession of Draconian, anti-plutocratic revolutions roiled Sparta, and then Athens. Draco led one of them. The Classical Greek age followed.

TURNING CARE INTO GOLD.

July 21, 2008

IS US HEALTH CARE A MENTAL CONDITION?

As Paul Krugman points out in his blog, quoting liberally from your humble servant (“Does not compute“; 07/20/08):

“The basic facts on health care are clear: government-run insurance is more efficient than private insurance; more generally, the United States, with the most privatized health care in the advanced world, has a wildly inefficient system that costs far more than anyone else’s, yet delivers no better and arguably worse medical care than European systems… we don’t have a Medicare crisis, we have a health care crisis. Private insurance is collapsing as we speak.”

Indeed, the French health care system, a mix of private added value and public global basic net, costs 8% of French GDP, whereas the US system (which is public only for some restricted categories of indigents that use Medicare and Medicaid) costs 16% of US GDP. All European health care systems have cost below 10% of GDP.

Anybody familiar with gold plated US health care insurance and the French health care system knows that the later is vastly superior in all ways (including quality, state of the art, waiting times, 365/24/7 access, choice, etc…). It’s no coincidence that super star Angelina Jolie chose a standard hospital in Nice to give birth to twins: as UN ambassador of sorts, she has been around.

Why is this happening?

The basic principle of slavery is to use the lives of a class of people to maximize the profit of another class of people. The idea is to exchange lives against gold. For-profit health care is just a particular case of this. That is why it thrives in the USA. By allowing legal slavery inside its borders, the only developed country that did for the last millennium, the USA got ready for the health care system invented by Richard Nixon (the HMOs).

Slavery was an example of being stuck in the distant past. There are others examples of obsolescence on steroids in the US. The USA is also the only country in the world still using a system of units coming straight from the Middle Ages: the mile, the foot, the inch, the pound, the ounce, sometimes fluid ounces, sometimes solid ones, ice freezes at 32, and water boils at 212… Robots have crashed on Mars because their US programmers mixed up their units, using half of one system, half of another. 

Of course, universal health care already exists in the USA, many Americans would point out. Thanks to the Good lord, anybody can pray to God. 

It would seem that the USA is affected with a sort of mental paralysis, and, unsurprisingly, US health care is unable to treat it, since its further colossal profits depend upon that ongoing paralysis.

And it shall go on, at least for now, because Mr. Warren Buffet, the world’s richest investor, has Senator Obama’s economic ear (Mr. Obama confided on TV that Mr. Buffet has advice on taxes he intended to follow. Of course). Mr. Buffet is a specialist of turning health care insurance into multi billion dollar profit for himself. First things first. Let advice flow from serious money, it should turn into even more gold.

Plus ca change, plus c’est la meme chose…

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Patrice Ayme.

http://patriceayme.com/

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P/S: People-power (demo-cracy) could stop money-power (pluto-cracy). But not to worry. In the present US presidential campaign, it seems money will sacrifice two billion dollars of its precious self, by far the largest amount ever spent, besides providing a lot of volunteer time and advice to help see things through. There are no suggestions to imitate the public health care plans found in the 27 countries of the 500 million people European Union.