Greece The Rise of Nationalism – To Be Expected
History repeats because the passions of mankind never change. Hitler was able to seize power following the 1918 Communist Revolution in Germany that set the stage for economic disaster. Destroy the economy from foreign sources, and you will get the same reaction. This is why it was so vital to go after the NY bankers that Obama refused to do. Sure he is pursuing some in the Libor Scandal, but allowing NY to rule the courts and politics invites war.
We are seeing the consequences of Obama’s inaction in Greece where behind the headlines remains the resentment toward the NY bankers and because of firms like Goldman Sachs and James Dimon head of J.P.Morgan, the have given rise to blaming the Jewish race. AJC Global Jewish Advocacy Praises Arrests of Golden Dawn Leaders. This fails to get to the root cause of what is taking place.
In Greece, there is a nationalistic party that has risen known as the Golden Dawn. Government has arrested leaders of this political party taking Greece deep into uncharted waters. This is precisely how Hitler came to power. Kill the economy, and holly hell will be unleashed. We are rushing to get the full model up. This is clearly going to be our only hope if enough people comprehend the direction we are headed and make a conscientious effort to avert this disaster.
Bureaucrats Destroying the World – The Expat Experience
COMMENT:
The diminishing (non-existent ?) possibilities for Americans to invest outside the US is not just in Europe. I don’t live in the US but have a US passport and after a recent sale of a property, I was looking into diversifying the proceeds with investments in different countries around the world. I was turned down everywhere – but not just in Europe. All the hedge funds, investment advisers, and private banking entities in Singapore also turned me down because of my passport. I was shocked.
GM
The German Press Acknowledges The Federalization & Death of Democracy in Europe
Now the German press is starting to wake up for the headlines call it “The slow death of democracy in Europe”.
The Greens are losing ground everywhere as economics displaces environmental issues. In Germany, the SPD was reduced to a mere shadow of its former self while the Greens were reduced and the FDP crashed and burned. As reported, the federalization is in full swing despite the promise that would never happen. The gradual shift of power to Brussels is the same trend that emerged in the United States. It is always the same pattern and was self-evident in ancient Rome as well. All political decisions are moving to Brussels and today 90% of all laws in Germany are not the product of the Bundestag, but are the product of Brussels and the EU. We are witnessing the federalization of Europe and the Sovereign Debt Crisis will only get worse as even the German press has begun to notice that there is the federalization of Europe combined with the decline and fall of what they still term “democracy” with the rise of Republicanism..
The Republicans are now Terrorists
Senior Obama Adviser Dan Pfeiffer now compares House Republicans ToTerrorists, Kidnappers, and Arsonists. You better not get in an argument with anyone, that seems to be classified as and act of terrorism.
The Man who may have Saved the World – Survival-of-the-Fittest v Civilization
The man who may have saved the world is Stanislav Petrov who was one of those bureaucrats who received a report that the US had launched nuclear missiles on a first strike to Russia. Normally, he should have reported the attack to his superiors but did not perhaps on a gut feeling it was a computer error. Had he reported the attack, Russia would have launched and there would have been nuclear war in 1983. (see BBC Report)
This is what I mean can we BLINK? We are going to nee help. The world is full of hate and greed. People who think life is all about trying to hurt someone else to get even or to grab as much money for yourself as possible. This is the sad state of character and they justify themselves by saying this is what everyone else does – me first (survival of the Fittest).
Perhaps the most common theory that dominates so many concepts has been the famous idea that has risen to doctrine known as the survival-of-the-fittest. Indeed, survival-of-the-fittest on the surface appears to be a logical theory that has been applied on a wide scale basis including economics, business and human behavior. The term “fittest” has most often been cast into a roll that is not so loving and selfless. Essentially, many have applied this concept to justify the most aggressive and violent conduct. The phrase survival-of-the-fittest was not really coined by Charles Darwin (1809-1882), but by the English philosopher Herbert Spencer. (1820-1903) who developed the all-embracing conception of evolution as the progressive development of the physical world. Spencer coined the phrase survival-of-the-fittest in his Principles of Biology (1864), after reading Charles Darwin’s On the Origin of Species. This term strongly suggests natural selection, yet as Spencer extended evolution into realms of sociology and ethics. Nevertheless, Spencer did write about evolution before Darwin demonstrating that the theory clearly existed prior to Darwin who more or less provided more flesh to the bare bones yet there remains gaps that people still argue over as in human anthropology known as the missing link.
The theory of survival-of-the-fittest has justified human individualism wherebylooking-out-for-number one is really what it is all about in modern terminology. Nonetheless, survival-of-the-fittest has been greatly distorted for in a true sense; looking-out-for-number has adopted the idea that being selfish is best.Looking-out-for-number has been used by socialists demanding to take the wealth away from those who have earned it to redistribute it to themselves. They have twisted idea that the greed of the rich is somehow evil and the greed of the socialist is good yet even the Bible includes within the Ten Commandments that it is a sin to covet thy neighbor’s goods.
A deeper understanding of the theory of the survival-of-the-fittest must also embrace the concept of cooperative synergy that emerges from a collective group. Recent studies suggest that evolution actually punishes the selfish (http://www.bbc.co.uk/news/science-environment-23529849 http://www.nature.com/ncomms/2013/130801/ncomms3193/full/ncomms3193.html). Many animals operate individually lacking the idea of forming a group effort while others form collectives like bees and ants. Lions will hunt together or alone. Wolves will hunt in packs and monkeys will form troops. Likewise, humankind has also tended to form social groups and we see this as self-evident within politics for there will never be just one political philosophy.
Consequently, what is overlooked within this superficial idea of survival-of-the-fittest is that isolation creates vulnerability and being uncooperative within human society results in the majority attacking that individual. This is the same within nature even at the cell level. If one cell turns rouge becoming cancer, this uncooperative behavior can kill the host. There is no theory of monopoly that has ever survived. The whole idea that a monopoly can exist on any sustainable basis is absurd. Within this assumption is that we can actually control any situation. You can pass a law to prohibit drinking, gambling, prostitution, or any vice. That does not eliminate it any more than a 55 mile an hour speed limit means everyone will drive at that speed. We cannot control social behavior nor can we suppress human nature as attempted within society by communism. And we certainly cannot create a monopoly and maintain the price at anything above market value as has been shown by OPEC with oil prices and every other commodity. Nor have we been able to eliminate the business cycle to prevent recessions and depressions. When has any regulatory body prevented any financial scandal?
Not everything functions in a solitary mode of pure independence that is what we call “uncivilized”. The theory of me-first is self-destructive. This is why the banks are collapsing for their have only looked at this proprietary trading model and to hell with clients.
To survive what we face and to avoid a MAD MAX event, we need a common bond. Anyone who is out only for themselves will fail. History proves this point. That is the UNCIVILIZED behavior of survival-of-the-fittest whereas we need to retain CIVILIZATION and that and means serious political reform – eliminatingREPUBLICS and moving toward the only real check and balance – REAL DEMOCRACY minus the full time politicians.
Bureaucrats Destroying the World
Bureaucrats are the ones really behind the scenes that control the economic events. The idea that we actually have a democracy is truly just propaganda. A democracy is where you vote on each issue. Many states have such things in place at least partially as various propositions are submitted to the people in California. We live in a Republic where people lie to get elected and then do the opposite. This is a systemic problem with no checks and balances. Watch what happens in Germany now – the federalization of Europe.
Unfortunately, too many bureaucrats are the people who were stuffed in lockers back in high school and feel they have been cheated in life or treated unfairly. For this type of person, it is get even time. There are bureaucrats who just want the security of a government job and could really care less about the outside world. But for those who enjoy the power to get even, it is their total lack of comprehension of how the economy functions that causes laws to be created that are just insane.
The Foreign Account Tax Compliance Act is ensuring that we are entering into a massive DEFLATIONARY mode with RISING VOLATILITY becauseLIQUIDITY has collapsed causing capital to hoard. Consequently, when everything turns down after 2015.75, we will see it far worse than the last time. Liquidity is still at about 50% of 2007 levels. People are not coming back for investment.
I tried to wire $15,000 for expenses to Asia for my trip to pat for apartments in advance. HSBC refused to accept the wire from an American. I ended up having to pay by credit card. The old days of just sending money to someone are gone. Elliot Spitzer got caught up with the prostitute because the bank reported his payment to her to government as strange. Those who think what the NSA does is fine because they have nothing to hide, it is now illegal to actually send $20 in a birthday card to even a family member. The Post Office has the LEGAL right confiscate any cash sent through the mail. A friend got divorced and he tried to transfer money from a joint account to his ex-wife’s new account and had to prove where the money came from and why he was giving it to her. The idea that someone could blackmail you by kidnapping a family member, it is now physicallyIMPOSSIBLE to deliver cash without the police being involved. This just ain’t Kansas any more Dorothy. We have lost the freedom to even transfer money.
The sheer number of expatriates renouncing their US citizenship has exploded during the second quarter of 2013, Some 1,131 filings were made compared to 189 in 2012. A friend in Switzerland who is married to an American for 20 years, has experienced the total insanity full force. His wife’s family died, and she could not move her inheritance to Switzerland to be managed by a bank because she is still an American. Then their 14 year-old son wanted to open his first bank account. Despite being born in Switzerland, he is still American because of his mother. The bank would not allow him to open an account because he is also an American.
This is the problem that the bureaucrats have created and the unfortunately, there is no hope of even showing them what they have done to the global economy. It has to crash and burn before there will be reform. You cannot show what is happening and they will never admit they have done anything wrong. This is why the future looks so bleak.
Volatility will rise because as governments hunt down money, people trade less and hide their cash. With taxes rising and the G20 going after everyone, they may eliminate crime like extortion, drugs, and blackmail exposing those people as never before, but they are also causing people to just refuse to invest. This is shrinking the global economy and the bankers are now warning that the rules of 2007 restricting their proprietary trading will increase volatility by shrinking liquidity in a time of need. (see: Banks Warning if they Do not Trade with Other People’s Money Liquidity will Decline When Needed)