Posts Tagged ‘Wealth Tax’

1989: End of Cold War. Start of Unbridled Oligarchic Plutocratization. Now… Terrorized By Warren !

November 5, 2019

Warren Scares Financial Plutocracy:

There are periods for revolutions: From 1776 (onset of US war of independence), or 1789 (French and US republican and human rights constitutions) until 1848 (revolutions all over Europe) and 1865 (end of US Secession War and US slavery). Just like there are times for fascist attack: 1914-1945.

In 1789 US Vice President Al Gore announced that there was a terrestrial emergency, from the CO2 catastrophe… Not in these terms, so it was not taken too seriously by the deciding elite. 

Since then world plutocracy instrumentalized the globalization rendered possible by the end of the Cold War.

China was excluded from ISS to protect Intellectual Property

Yet even if Ms. Warren cannot get most of her more far-reaching proposals through Congress, as is likely, finance executives fear and moan that as president she would appoint regulators who would actually take a far stricter view of the industry, and enact laws and regulations passed… Under Obama.

Consider this:

“Everyone is nervous,” said Steven Rattner, a prominent Democratic donor who manages the wealth of Michael R. Bloomberg, the former New York City mayor. “What scares the hell out of me is the way she would fundamentally change our free-enterprise system.”

So the ex-mayor of New York is so wealthy, another hyper wealthy man financing “democrats” (of his own choosing, with his own ideas, and feelings) is managing his fortune… 

Meditate this:

Mitch Draizen, a former fund-raiser for Mr. Obama who made his money in the financial industry (surprise, surprise, remember we have no corruption in the USA, financing Obama is no corruption), said he would back Ms. Warren’s candidacy against Mr. Trump’s. But he is supporting former Vice President Joseph R. Biden Jr. this time, worried about Ms. Warren’s disruptive approach. “She would be just as unpredictable and unproductive as Trump if she were to become president, and who needs that,” he said. “She’s getting a little carried away and to me it’s irresponsible.”

What is is more responsible than a great white shark?

She’s screwing around with the wrong guy. I want to give it all away, but I want to control the decision. I don’t want the government giving away my money. The idea of vilifying wealthy people is so bogus,” billionaire Leon Cooperman, worth more than three billion dollars. Cooperman declared Warren’s proposed wealth tax is “morally and socially bankrupt.

Plutocrats know everything about morality, they rape it, everyday. And of course everybody gives it all away: that’s called death.

Hour after hour, day after day, month after month, plutocrats use their present wealth to steer the world in the direction they like, where their perverse morality, their satanic, Dark Side morality rules. And this is the gift they leave behind. Look at Augustus.His gift was called Tiberius. And others he personally knew, who came to rule too, including… emperor Galba…

Actually Trump has mostly fought globalization, the exportation of jobs, investment and know-how to, mostly, China. And that was very effective: the US economy got a boost from it, obviously. And one can compare. Europe has been affected just as badly by the phenomenon of exporting industry and IP to China. For example, the French nuclear know-how was exported to China… while being forgotten in France. Thus now China makes and sells reactors most of the research on was made in France, for a generation. The same happened with trains, is developing with Airbus. (China was excluded, at US insistence, from the International Space Station, just from fear of IP theft… Not happening with Russia, as Russia was more advanced in more ways than one…)

However, the US, thanks to Trump’s local plutocracy drive, has reacted to the exportation of everything to China (by and for the intermediaries, those wealthy, world controlling plutocrats). Conclusion, the US has avoided a recession, for the longest time, ever. As Europe is slowly sinking into one, led by… Germany. 

A small financial elite has grabbed the levers of command of the planet. This is not really a new phenomenon, it was condemned already in the Bible. The hyper wealthy will go to paradise less than a camel through a needle, hence the interdiction to lend to one’s coreligionists found in Judaism and its descendants. The “money changers” are parasites, as soon as they earn too much money for what they do, as is presently the case. To help moneyed individuals to invest is one thing. What we have now is something else, a giant corruption machine. 

The finance industry has money laundered cash from corrupt regimes or fossil fuel industry, as set up by FDR in 1945.  Too much money is made by transactions so fast that normal individuals cannot partake, and which the “industry” itself creates. Also some of the leverage used is enormous, out of proportion relative to the size of the world real economy, it’s a case of the tail moving the dog, and a case of free money for a tiny gang. A way to cut that out is simply to introduce a financial transaction tax: even if very small, of no consequence for normal investors, it would be enough.

The hyper wealthy financial plutocracy a dreadful influence on decision makers, worldwide, starting with banks, governments. Thus the world keeps investing in fossil fuels instead of new energies (such as hydrogen, fusion, etc. energies which get less money in a year than many individual financial parasites), and in sports and the like, instead of housing for the needy (a reader here pointed out here, the salaries of a couple of sport idiots is as great as all thermonuclear research in the USA)…

The Roman Republic survived 5 centuries, thus as long as it had no billionaire (Roman Republican taxation was 100% above the equivalent of $30 million). Globalization enabled the wealthy to escape that, they plotted, and the Republic died.

Yes Trump will probably defeat Warren: too much misogyny around… And Trump has actually been effective against globalization. But what is important is to advance the ideas, change the underlying emotions. And, in four years there will be another campaign.

Patrice Ayme

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Some of the essence of the preceding was sent, under more moderate guise, to the New York Times as comments of articles critical of Elizabeth Warren’s program. Such articles focus on the distress of the financial industry, the anxiety of the medical industry, as Warren threatens in the distance, etc. The latest such article confronted the ogre Warren, boldly identifying her to… Trump (as quoted above) the article also revealed the financial plutocracy is so scared that the laws and regulations passed under Obama, thanks to Sen. Warren, would be applied… Because, turns out, they are not.
Those comments of mine were censored, because the New York Times is terrorized of Warren and her alleged alter ego, Donald Trump (!) So in depth analogies and advocacy are unacceptable.

Meanwhile, to add insult to injury, Obamacare was nothing (I have long said, except a gift to the wealthiest in US health care)… Warren confirms this.

As Sanders campaigns with the Sharia refugee and perpetrator, Omar, who got elected to the US Congress to promote her opinion that women are half of men legally. Is it progressive to be pro-Sharia now? Because subjugating women is the future, according to pseudo-progressives?

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[1] Trump supported Farage, the financial guy who became the inventor of the Brexit notion in a long phone call, last week. Now Trump is very much disliked in Britain. So that call led, unsurprisingly, to an immediate collapse of Brexit Party support by 50%! (OK, Farage not running may have helped.) People who have no feeling for Machiavellianism may not understand that, this way, Trump was helping Boris Johnson, in the guise of helping his opponent (like Nero helped Claudius with a serving of mushrooms). Another example of Machiavellianism is the Trump Impeachment by the plutocrats and plutophiles leading the “Democratic” party… It is designed to make Warren fail

 

Warren: Progress, Survival of the Republic. Biden: More Plutocratization, Death.

May 29, 2019

Biden and other “democrats” in the 1980s voted Reagan’s anti-democratic laws (called by some the “New Jim Crow“). Then, in 1990s, those “Neoliberal” [1] democrats went further than even Reagan did, but in the same spirit, putting millions in jail, and then daring to unravel the banking reform of 1933 (passed by the Democrats of 1933, headed by FDR: the “New Deal“). Much of this extravagant return to the roaring twenties needs to be reverted.

One can’t have democracy and plutocracy at the same time. That’s why the Roman Republic put a cap on wealth: above some high level, Roman millionaires were taxed 100%. Yes, a margin tax rate of 100% (similar rates existed in the 1950s, when clean economic expansion was at its maximum: not a coincidence).

Also the Roman Republic taxed ostentatious wealth (“sumptuary” laws; an equivalent today would be to tax private jets; instead private jets are subsidized, while they contribute 1% of US CO2 emissions!).

More than 130,000 families have wealth above 50 million US$. Those should be taxed into extinction, Roman Republic manner. It is a question of survival of life as we know it on this planet. Why? Those 130,000 families worth more than $50 million, own roughly ALL WORLD MEDIA, which control cognition, hearts and minds. And they control the fossil-fuel-financial plutocracy system, which controls the world economy and the political class (truly their obsequious servants).

All this taxation of hyper wealth enabled the Roman Republic to last 5 centuries. However, because of the globalization the Roman empire brought, those anti-extreme-wealth laws became inapplicable, and the Roman rich became so wealthy, they could buy all politicians.,, and laws, or prevent the application of existing laws. When plutocracy took over Rome, the Republic collapsed.

Warren’s suggested heavy taxation of extreme wealth follows logic and history: otherwise the republic will die. So Warren’s candidacy is not just a matter of getting an experienced woman in power, it’s a matter of survival.

It is a woman with full power, queen Bathilde of the Frankish empire, an ex-slave, who, in 655 CE, outlawed slavery in Europe.  We need more of the feminine approach. Vote Warren, forget about the eternal return of the same, with Biden.

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The preceding was a published comment to the New York Times. Then surfaced a history challenged Californian:

Cold Eye, from Kenwood CA, However, slavery in Europe was prevalent through the 19th Century.”

What is happening to the schools? The New York Times was kind enough to allow me to post the following answer:

@Cold Eye

You mean this figuratively in Western Europe. Russia was a different case, where serfs were often little better than slaves. It is true that, during the first century of industrial age , workers were treated very badly.

However, none of this is true slavery. In true slavery, people are bought and sold, as they were things. Those “things” performed like robots, enabling the colonization of the “New” World. For example, tobacco cultivation became very profitable in the English colony of North America, thanks to the massive utilization of slaves.

The colonies were far removed from Europe, and European law enforcement had proven illusory during the Spanish Conquista (in spite of determined efforts). The French colony of Canada imposed French law pretty well, it didn’t allow slavery, but the price paid was that the anything-goes English colony won the war, and ultimately conquered French Canada.

So I repeat my statement: queen Bathilde of the Imperium Francorum, ex-slave from Kent (England) outlawed slavery in 1066 CE. When the Franks conquered England in 1066 CE, they immediately freed all the slaves (explaining William’s popularity). Slaves coming from the Americas or Africa were immediately freed upon setting foot in Europe, for ever after (except in places under Muslim jurisdiction).

By the way, there is still slavery in some African countries. In the Kaye region of Mali, individuals who disagree too much with local slavery get killed. In Mauritania, there is at least half a million slaves. These two countries are next to each other. In Nigeria, Muslim Fundamentalists practice mass slavery, and so on. The reason is that the Qur’an takes slavery for granted:”those that your right hand posses” being the euphemism therein…

Who said progress doesn’t exist?

Outlawing slavery on most of the planet and formally at the United Nations was great progress, an extension of Saint Bathilde’s work (the foremost saint I recognize, if not the only one…). But all will come to nought, if plutocracy is able to progress and corrupt cognition, hearts and minds ever more. As I pointed out, we could start losing the oxygen making mechanism soon… And that comes from the fact a very small elite has perverted the planet mental system, by owning much of what matters.

Time to revert it.

Vote Warren.

Patrice Ayme

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P/S: And for new European Commission head? A woman, once again!

Margrethe Vestager, the powerful EC competition commissioner ticks many of the boxes needed for a righteous candidate: she can get things done, she is acceptable to the centre-right EPP and the S&D. She is championed by the Liberals and now more powerful Greens, whose votes will be needed to make a majority.

Ms Vestager has served as education, interior and economy minister of Denmark. As a EC commissioner since 2014 she has applied both a liberal sense of consumer rights and an interventionist commitment to regulating technology giant monopolies. She has taken on tax dodgers, infringers of personal privacy and market distorters. Thrusting macho hare brained bullies from Silicon Valley have turned up in her office berating her and come off the worse… So she can operate with the French who have long wanted to tax those financial and tech bullies whose main business model is monopolization and tax evasion. 

The EU in 2019 faces an array of security and economic threats. It needs a powerful, efficient, undaunted leader with experience of the European Commission and a sense of how the world is changing (for the worse). Europe needs a leader who can stand up for Europe and suggest legislation defending its citizens. It needs someone acceptable to left and right, north and south. Europe has to chose Ms Vestager.

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[1]: “Neoliberal” often seems little more than “neofascist”….