INCOME COMES FROM THE PRODUCTION OF THE INDIVIDUAL
I don't understand why this is such an astonishing concept. We were taught about the economic cycle in economics class showing money circulating in the economy. The rich know that it is the working class that creates jobs not them, but they try to keep the capitalism religion going so that people have a hard time seeing any other concepts where the businessman is not on the pedestal like the priest class.
[Youtube] Nick Hanauer: Businessmen do not create jobs
Showing posts with label Economics. Show all posts
Showing posts with label Economics. Show all posts
Monday, October 07, 2013
Monday, May 07, 2012
Max Keiser interviews David Graeber
A great interview by David Graeber on the topics of the history of debt, slavery, the present OWS movement, and so forth.
[Youtube] Max Keiser interview of David Graeber
[Youtube] Max Keiser interview of David Graeber
Monday, December 12, 2011
Bankers: Predators
8 FOR ME, 1 FOR YOU
Alas, suspicions are being confirmed that banking and finance are societal predators feasting on the productivity of others. It is a mix of gullible, naive, and/or corrupt masses who wait for that piece of food to be thrown over the side of the grand dinner table, which entertains the fat cats, while they feast up the productivity of the masses.
As the article points out it is the top 1% that are liabilities while the bottom 20% are the real producers of the economy. As I've asked before, without the cleaners, manual laborers, gardeners, waiters, cooks, cashiers, what would the quality of life be for the rest of us 80%?
[Article] Bankers: Societal Liability
Alas, suspicions are being confirmed that banking and finance are societal predators feasting on the productivity of others. It is a mix of gullible, naive, and/or corrupt masses who wait for that piece of food to be thrown over the side of the grand dinner table, which entertains the fat cats, while they feast up the productivity of the masses.
As the article points out it is the top 1% that are liabilities while the bottom 20% are the real producers of the economy. As I've asked before, without the cleaners, manual laborers, gardeners, waiters, cooks, cashiers, what would the quality of life be for the rest of us 80%?
[Article] Bankers: Societal Liability
Sunday, August 21, 2011
Jobs - Where did they go?
Jobs are like money. It doesn't just disappear. It had to go somewhere. Let me tell you about my personal experiences in the IT job sector...
I've been unemployed on and off for a good part of the 2000s decade. It was so easy to be working in the late 1990s. But I suspect at that time, the multinationals and the big companies already had a 10 year plan to insource and outsource. So why hire someone and train them? The companies do not want to invest in someone they won't be hiring in 10 years! In the late 1990s I was looking for good job experience. It was a catch 22. No one seemed like they wanted to bring onboard and train. Anyways, over time I figured out that fulltime positions were not secure and that contracting would be just as volatile yet more profitable. This is what I do now. I really find it funny when a company looks at my resume and tells me they want someone who has been working long term with a company for many many years. They don't want someone leaving after hiring them. Then I remember they said early on in the interview that they have the open position to fill because they just had a layoff.
Anyways here's what I saw at various places. When I was a contractor at IndyMac Bank in late 2007 (this was right before they went bust were taken over by the FDIC), I saw 80% of the cubicles empty. And a lot of the back office jobs were filled were by H1s. They were hired by (I forget the exact name now) ?Conversant?. So it's cheaper to pay $300-$500 a month to H1Bs, fly them over, pay for food and living expenses then hire someone from here. The reason given for H1B sponsorship? There are a lack of qualified candidates with the relevant skills. So Indymac Bank couldn't find people to fill back office jobs?
A couple of years ago, I was interviewing for a nonprofit government funded mortgage help customer relations company. I walk through a room with almost all H1B filled IT positions.
More recently, early this year, I was interviewing for work. I was given a tour of the areas. And what do I see? In the IT room see a bunch of H1Bs. I see at least half the department was H1B.
I don't mind jobs being outsourced, but insourcing is a big no-no. There's a lot of unemployed people! Plus most, if not all, these companies are breaking the law. The law states you must pay the same wage to an H1B candidate as a local candidate.
Anyways, the worst part about all this... I see people in IT (some unemployed) that are not offended by this practice. They keep voting for the same politicians!
Part of this has to do with coddling the rich. Buying into their propaganda is foolish and dangerous. Here's a good article on that.
[Article] Crooks and Liars - The Job Creator Myth
Furthermore, here's an article by Crooks and Liars on Microsoft crying uncle over unable to fill jobs with qualified candidates. What they mean by qualified is working long hours for pennies for the dollar without any complaints. By the way, why would they have periodic layoffs if the job applicants are in short supply?
{Article] Crooks and Liars - Microsoft wants to hire more H1Bs
Reading through the comments I noted the ones that were insightful.
Comments:
"...have been for 25 years. MS does nothing in this country to help this country. Since the H1Bs were allowed in my wages have gone stagnant whereas they were rising before. Now it gets harder every year to be able to afford new systems, software upgrades, new software purchases, books, classes, travel, etc. to stay on top of the ever changing market.
Before the goverment hands out any more H1Bs, MS should be required to bring all support centers back to the US. They should offer free training to the support people who wish to move up into programming and beyond. This will solve the 2 problems. First problem of calling MS support and trying to speak to someone in India. If "excellent communication skills" are required then that requirement should apply to people who work in other countries too. Second problem, training for needs of the company from within.
I would favor tax benefits to companies who provide low cost (deeply discounted) software to IT professionals trying like hell to keep up with the new technology. Upgrades should be free to IT people.
MS should become more involved in US universities. If they are not graduating students with the skills needed then they need to work to change that here in the US.
MS should be required to pay each H1B a salary that is higher than the current wage for a US citizen in that position. If the person they are bringing in truly has badly needed skills then pay for those skills. This would probably kill the H1B program since MS is primarily trying exploit H1Bs. In addition they should pay a tax equal that persons salary to improve education and training in this country.
Last, let's be very clear here. Foreign citizens education is subsidized by their goverments. Here the student is exploited and left with heavy loans to pay off. They can work for "shit in a bucket" while Americans cannot. That is not fair trade, it's exploitation."
Here's another one:
"I'm old enough to recall all the pro-biz propaganda in the media in the 1970's about how if we'd just remove the 'dead hand' of government regulations off of the backs of Big Biz, we'd have paradise through greater efficiency, lower costs, etc. 'Laffer Curves', and all that crap. Well, we gave the businessmen what they wanted, and almost from the get-go we got monstrosities like the S & L debacle...for which we are STILL paying for. And plenty of off-shoring, which cost me my job in the 1990's. So, whenever I hear these three-piece suits mouthing off about how much more we have to give up in order to achieve their version of paradise, I recall what they've done already; their rapaciousness knows no bounds."
And another one:
"I worked in San Jose and the surrounding area for 40 years, and there was not a single day, in 40 years that Microshaft didn't bitch about not enough folks to fill the jobs they had so they had to go overseas.. It was a LIE back over those 40 years and it's a LIE today. The meme from Microsoft senior counsel Brad Smith is COMPLETE hogwash and the words he spoke, even to Congress, has not changed one word since the early 70's.
It's as clear today as it was in 1975-ish time frame - Microshaft and other large, hi-tech firms in the US DISCRIMINATE INTENTIONALLY against Americans and others over 40 - always. Anything else you hear is a LIE. I've even seen folks in the Valley with jobs but thinking about moving on, intentionally staying away from Microshaft because they knew what kind of discrimination Gates and Bomber practiced and didn't even entertain talking to Microsoft about moving over.... Microshaft didn't get a slice of US talent because that talent DIDN'T WANT TO TALK TO Microshaft....
The whole lack of talent is mostly of Microshaft's own doing. Don't let them get away with more years of LIES and more discrimination..."
One more, it's succinct:
"...then hire some good people and train them ffs"
Ok, I lied, one more:
"I work this industry. I've been an IT worker for the last 20 years of my life and this is just flat out lies.
The talent is here in America. The problem is that if MS starts hiring American again then their offshored worker contracts start to get more expensive because there are cost incentives in the contracts for continued growth.
Also speaking as a recipient of the outsourced product, (Outsource firms send the results of their work to my team for eventual product issue resolution.) I can say with 100% certainty that the product is inferior compared to the product I received from American workers.
No I am not prejudiced. If the product I received was better I wouldn't complain. Unfortunately, it isn't."
I've been unemployed on and off for a good part of the 2000s decade. It was so easy to be working in the late 1990s. But I suspect at that time, the multinationals and the big companies already had a 10 year plan to insource and outsource. So why hire someone and train them? The companies do not want to invest in someone they won't be hiring in 10 years! In the late 1990s I was looking for good job experience. It was a catch 22. No one seemed like they wanted to bring onboard and train. Anyways, over time I figured out that fulltime positions were not secure and that contracting would be just as volatile yet more profitable. This is what I do now. I really find it funny when a company looks at my resume and tells me they want someone who has been working long term with a company for many many years. They don't want someone leaving after hiring them. Then I remember they said early on in the interview that they have the open position to fill because they just had a layoff.
Anyways here's what I saw at various places. When I was a contractor at IndyMac Bank in late 2007 (this was right before they went bust were taken over by the FDIC), I saw 80% of the cubicles empty. And a lot of the back office jobs were filled were by H1s. They were hired by (I forget the exact name now) ?Conversant?. So it's cheaper to pay $300-$500 a month to H1Bs, fly them over, pay for food and living expenses then hire someone from here. The reason given for H1B sponsorship? There are a lack of qualified candidates with the relevant skills. So Indymac Bank couldn't find people to fill back office jobs?
A couple of years ago, I was interviewing for a nonprofit government funded mortgage help customer relations company. I walk through a room with almost all H1B filled IT positions.
More recently, early this year, I was interviewing for work. I was given a tour of the areas. And what do I see? In the IT room see a bunch of H1Bs. I see at least half the department was H1B.
I don't mind jobs being outsourced, but insourcing is a big no-no. There's a lot of unemployed people! Plus most, if not all, these companies are breaking the law. The law states you must pay the same wage to an H1B candidate as a local candidate.
Anyways, the worst part about all this... I see people in IT (some unemployed) that are not offended by this practice. They keep voting for the same politicians!
Part of this has to do with coddling the rich. Buying into their propaganda is foolish and dangerous. Here's a good article on that.
[Article] Crooks and Liars - The Job Creator Myth
Furthermore, here's an article by Crooks and Liars on Microsoft crying uncle over unable to fill jobs with qualified candidates. What they mean by qualified is working long hours for pennies for the dollar without any complaints. By the way, why would they have periodic layoffs if the job applicants are in short supply?
{Article] Crooks and Liars - Microsoft wants to hire more H1Bs
Reading through the comments I noted the ones that were insightful.
Comments:
"...have been for 25 years. MS does nothing in this country to help this country. Since the H1Bs were allowed in my wages have gone stagnant whereas they were rising before. Now it gets harder every year to be able to afford new systems, software upgrades, new software purchases, books, classes, travel, etc. to stay on top of the ever changing market.
Before the goverment hands out any more H1Bs, MS should be required to bring all support centers back to the US. They should offer free training to the support people who wish to move up into programming and beyond. This will solve the 2 problems. First problem of calling MS support and trying to speak to someone in India. If "excellent communication skills" are required then that requirement should apply to people who work in other countries too. Second problem, training for needs of the company from within.
I would favor tax benefits to companies who provide low cost (deeply discounted) software to IT professionals trying like hell to keep up with the new technology. Upgrades should be free to IT people.
MS should become more involved in US universities. If they are not graduating students with the skills needed then they need to work to change that here in the US.
MS should be required to pay each H1B a salary that is higher than the current wage for a US citizen in that position. If the person they are bringing in truly has badly needed skills then pay for those skills. This would probably kill the H1B program since MS is primarily trying exploit H1Bs. In addition they should pay a tax equal that persons salary to improve education and training in this country.
Last, let's be very clear here. Foreign citizens education is subsidized by their goverments. Here the student is exploited and left with heavy loans to pay off. They can work for "shit in a bucket" while Americans cannot. That is not fair trade, it's exploitation."
Here's another one:
"I'm old enough to recall all the pro-biz propaganda in the media in the 1970's about how if we'd just remove the 'dead hand' of government regulations off of the backs of Big Biz, we'd have paradise through greater efficiency, lower costs, etc. 'Laffer Curves', and all that crap. Well, we gave the businessmen what they wanted, and almost from the get-go we got monstrosities like the S & L debacle...for which we are STILL paying for. And plenty of off-shoring, which cost me my job in the 1990's. So, whenever I hear these three-piece suits mouthing off about how much more we have to give up in order to achieve their version of paradise, I recall what they've done already; their rapaciousness knows no bounds."
And another one:
"I worked in San Jose and the surrounding area for 40 years, and there was not a single day, in 40 years that Microshaft didn't bitch about not enough folks to fill the jobs they had so they had to go overseas.. It was a LIE back over those 40 years and it's a LIE today. The meme from Microsoft senior counsel Brad Smith is COMPLETE hogwash and the words he spoke, even to Congress, has not changed one word since the early 70's.
It's as clear today as it was in 1975-ish time frame - Microshaft and other large, hi-tech firms in the US DISCRIMINATE INTENTIONALLY against Americans and others over 40 - always. Anything else you hear is a LIE. I've even seen folks in the Valley with jobs but thinking about moving on, intentionally staying away from Microshaft because they knew what kind of discrimination Gates and Bomber practiced and didn't even entertain talking to Microsoft about moving over.... Microshaft didn't get a slice of US talent because that talent DIDN'T WANT TO TALK TO Microshaft....
The whole lack of talent is mostly of Microshaft's own doing. Don't let them get away with more years of LIES and more discrimination..."
One more, it's succinct:
"...then hire some good people and train them ffs"
Ok, I lied, one more:
"I work this industry. I've been an IT worker for the last 20 years of my life and this is just flat out lies.
The talent is here in America. The problem is that if MS starts hiring American again then their offshored worker contracts start to get more expensive because there are cost incentives in the contracts for continued growth.
Also speaking as a recipient of the outsourced product, (Outsource firms send the results of their work to my team for eventual product issue resolution.) I can say with 100% certainty that the product is inferior compared to the product I received from American workers.
No I am not prejudiced. If the product I received was better I wouldn't complain. Unfortunately, it isn't."
Sunday, August 07, 2011
P Sainath: Food revolutions and neoliberalism fallout - May 2011
P Sainath gives a speech at University of Texas, Austin, May 2011. He goes through the lies the media perpetrates and the failure of neoliberalism. Remember, Indians are infatuated with the rapid GDP increase which suggests an almost perfect economic model.
In a land where McDonalds is considered high class, sit down eat out, poverty is rising. It's a tale of two classes and a propagandized middle class caught in between. What I can't understand is how people can still believe the mass media post 2008. The proof is in the pudding right before everyone eyes, an elephant in the room.
"India Shining" forgot about the majority of the poor people... Their incomes are decreasing. Their costs are going up. Starvation is on the rise. Who's out there to care?
So the recent revolutions were food price hike bsaed. It's really sad how much else people put up with before there is an uprising. What about all the other things wrong in the world? Do most people just go about their day and put up with the injustices. It's easy to dismiss if they don't don't effect one's self personally.
[Youtube] P Sainath: Food uprising and failed neoliberalism - May 2011 - Part 1/5
The rest is here:
Part 2
Part 3
Part 4
Part 5
In a land where McDonalds is considered high class, sit down eat out, poverty is rising. It's a tale of two classes and a propagandized middle class caught in between. What I can't understand is how people can still believe the mass media post 2008. The proof is in the pudding right before everyone eyes, an elephant in the room.
"India Shining" forgot about the majority of the poor people... Their incomes are decreasing. Their costs are going up. Starvation is on the rise. Who's out there to care?
So the recent revolutions were food price hike bsaed. It's really sad how much else people put up with before there is an uprising. What about all the other things wrong in the world? Do most people just go about their day and put up with the injustices. It's easy to dismiss if they don't don't effect one's self personally.
[Youtube] P Sainath: Food uprising and failed neoliberalism - May 2011 - Part 1/5
The rest is here:
Part 2
Part 3
Part 4
Part 5
Tuesday, June 14, 2011
Sahara Las Vegas - The Firesale
SAHARA LAS VEGAS - TIL DEBT DO US APART
I've stated before that the current economic system is very wasteful. it operates off of supply and demand rather than the value of something. The value of clean water is worth less than polluted water. Why? Because they can sell you bottled water at a hefty markup. In the end, it makes a few people some profit at the cost of everyone else. Resources for bottled water (labor, energy, and materials) get used up in the economy, unnecessarily, where there was no need beforehand. Clean water and air? The best things in life are free.
What type of an economic system takes a perfectly viable entertainment property and declares it a teardown and worthy of mothballing? Here is a multimillion dollar investment that is said to be worthless. It is the Sahara casino in Las Vegas. In most countries, this property would provide an outstanding entertainment experience.
The finance that caused the physical property and its resources to be destroyed shouldn't have taken place. Its victim is a functioning, innocent, entertainment venue, that cost a lot in terms of resources (materials and labor) to build. If it had stayed with the original owner, the debt would've been paid off and the Sahara would still be open. Instead it exchanged hands numerous times in the ponzi scheme, until the debt load could no longer be serviced.
Anyways, check it out:
[Link] Sahara Las Vegas to bite the Stardust but first the firesale...
-and-
[Link] Sahara Las Vegas to bite the Stardust but first the firesale... - Part 2
I've stated before that the current economic system is very wasteful. it operates off of supply and demand rather than the value of something. The value of clean water is worth less than polluted water. Why? Because they can sell you bottled water at a hefty markup. In the end, it makes a few people some profit at the cost of everyone else. Resources for bottled water (labor, energy, and materials) get used up in the economy, unnecessarily, where there was no need beforehand. Clean water and air? The best things in life are free.
What type of an economic system takes a perfectly viable entertainment property and declares it a teardown and worthy of mothballing? Here is a multimillion dollar investment that is said to be worthless. It is the Sahara casino in Las Vegas. In most countries, this property would provide an outstanding entertainment experience.
The finance that caused the physical property and its resources to be destroyed shouldn't have taken place. Its victim is a functioning, innocent, entertainment venue, that cost a lot in terms of resources (materials and labor) to build. If it had stayed with the original owner, the debt would've been paid off and the Sahara would still be open. Instead it exchanged hands numerous times in the ponzi scheme, until the debt load could no longer be serviced.
Anyways, check it out:
[Link] Sahara Las Vegas to bite the Stardust but first the firesale...
-and-
[Link] Sahara Las Vegas to bite the Stardust but first the firesale... - Part 2
Saturday, April 30, 2011
Ravi Batra on Thom Hartmann Show 04-29-2011
Ravi Batra proposes that higher the budget deficit, the higher the stock market. A lower budget deficit will reflect in a lower stock market 6 months into the future. Near the end of Clinton's Presidency, the US had a budget surplus. This led to a huge recession during 2001.
Also covered is the wage cap, QE2 money flowing into commodity speculation, the coming oil crash, multiplier effect diminished due to high debt (money going to pay debt), budget cuts leading to stock market crash in 3-4 months, the housing price crash, and banks facilitating investing not speculation.
Also mentioned is big business CEOs corrupt politicians to promote free trade. Reducing free trade would reduce the trade deficits and bring jobs back to the US. Reducing free trade and the trade deficits should be the highest priority and will have the greatest impact on jobs and wages.
Ravi Batra's interview starts at 1hr 15min into the file.
[MP3] Dr. Ravi Batra interviews on Thom Hartmann Show 04-29-2011 (starts at 1:15)
Also covered is the wage cap, QE2 money flowing into commodity speculation, the coming oil crash, multiplier effect diminished due to high debt (money going to pay debt), budget cuts leading to stock market crash in 3-4 months, the housing price crash, and banks facilitating investing not speculation.
Also mentioned is big business CEOs corrupt politicians to promote free trade. Reducing free trade would reduce the trade deficits and bring jobs back to the US. Reducing free trade and the trade deficits should be the highest priority and will have the greatest impact on jobs and wages.
Ravi Batra's interview starts at 1hr 15min into the file.
[MP3] Dr. Ravi Batra interviews on Thom Hartmann Show 04-29-2011 (starts at 1:15)
Saturday, December 25, 2010
Thursday, December 16, 2010
Michael Hudson: The rats have jumped ship
Michael Hudson on the two two tiered economy and the grabbing of economic surplus by the FIRE sector.
[Youtube] Michael Hudson on NeoFuedalism
[Youtube] Michael Hudson on NeoFuedalism
Sunday, November 28, 2010
UN Report: Global poverty doubled since 1970s
Just as I have suspected. The economic system has left out the majority of the people of the world out of the focus of the picture. This proves it. The economic system is for the rich, (built) by the rich, from the rich. If you're poor you don't count. And if you're middle class, you're always being pushed into the direction of poverty by the invisible hand.
So much for a vibrant, prosperous 21st century. Brought to you by the small handful of self focused people at the top. Can you blame the pyschopaths for devising and implementing such a economic system, if no one is going to stop them?
[Article] Poverty around the world doubled since 1970s
So much for a vibrant, prosperous 21st century. Brought to you by the small handful of self focused people at the top. Can you blame the pyschopaths for devising and implementing such a economic system, if no one is going to stop them?
[Article] Poverty around the world doubled since 1970s
Thursday, November 04, 2010
Dr. Ravi Batra: Thom Hartmann Show 11-04-2010
CORRUPTION AT ITS FINEST
Here's economist Dr. Ravi Batra on today's Thom Hartmann Radio Show 11-04-2010. The interview starts at 1:13:00.
[MP3] Dr. Ravi Batra interview with Thom Hartmann 11-04-2010 (starts at 1:13:00)
Here's economist Dr. Ravi Batra on today's Thom Hartmann Radio Show 11-04-2010. The interview starts at 1:13:00.
[MP3] Dr. Ravi Batra interview with Thom Hartmann 11-04-2010 (starts at 1:13:00)
Sunday, October 24, 2010
More from Stoneleigh: Deflation and Peak Oil 10-23-2010
Part duex from Stoneleigh's (Nicole M. Foss) interview on Jim Puplava's Financial Sense Newshour. Stoneleigh's blog is The Automatic Earth. On the table is the topic of hyperdeflation in a "greater than Great Depression" scenario. Commodities including gold are expected to go down. Things get more expensive (as percentage of income) as incomes decline and people buy less stuff. Also on tap is a discussion on peak oil and coping with energy needs in an oil-lesser world.
Btw, I got the presentation and what's in these MP3s pretty much covers what's in that pay for presentation.
[MP3] Stoneleigh interview with Jim Puplava Part 2 - 10-23-2010
Btw, I got the presentation and what's in these MP3s pretty much covers what's in that pay for presentation.
[MP3] Stoneleigh interview with Jim Puplava Part 2 - 10-23-2010
Friday, October 08, 2010
Les Guignols de l'Info: We Fuck The World
Just as the title says! Hahahahahaha!
Here's a bit of background:
A puppet show known for its sharp political satire, Les Guignols de l'Info has appeared on France's Canal+ channel since 1988, though it did not find a large audience until a few years later when, during the first Gulf War, it began to perform skits based on the news.
Here come the lyrics:
Here comes a time
When we need a real change
When the world must come together as one
There are people dying
And we dont care about
We try to make a better world
For me, and me
We fuck the world (We fuck the world)
We fuck the children (We fuck the children)
We fuck the world, the forest and the sea
So let us doing (So let us doing)
We make our own business
Just for the USA
And swear destroying your planet
To make money
We fuck the world (We fuck the world)
We fuck the children (We fuck the children)
We fuck the world
The forest and the sea
So let us doing (So let us doing)
There are people dying
And we dont care about
We try to make a better world
For me, and me
[Youtube] Les Guignols de l'Info - Puppets - We Fuck The World
Here's a bit of background:
A puppet show known for its sharp political satire, Les Guignols de l'Info has appeared on France's Canal+ channel since 1988, though it did not find a large audience until a few years later when, during the first Gulf War, it began to perform skits based on the news.
Here come the lyrics:
Here comes a time
When we need a real change
When the world must come together as one
There are people dying
And we dont care about
We try to make a better world
For me, and me
We fuck the world (We fuck the world)
We fuck the children (We fuck the children)
We fuck the world, the forest and the sea
So let us doing (So let us doing)
We make our own business
Just for the USA
And swear destroying your planet
To make money
We fuck the world (We fuck the world)
We fuck the children (We fuck the children)
We fuck the world
The forest and the sea
So let us doing (So let us doing)
There are people dying
And we dont care about
We try to make a better world
For me, and me
[Youtube] Les Guignols de l'Info - Puppets - We Fuck The World
Monday, October 04, 2010
George William Domhoff: Who Rules America?
This from the Gerald Celente blog.
Here's an interview from way back in 1986. George William Domhoff is the author of Who Rules America? Those nonprofits, research institutes, economic councils, and NGOs are actually stooges of the rich and powerful (the upper .5% of the populous). These "nonpartisan" groups are actually the most political! The rich and powerful unite to secretly coordinate direction and policy for everyone else.
[Youtube] George William Domhoff's Who Rules America? - Part 1/2
[Youtube] George William Domhoff's Who Rules America? - Part 2/2
The videos above were a summary of a much longer interview available here.
Here's an interview from way back in 1986. George William Domhoff is the author of Who Rules America? Those nonprofits, research institutes, economic councils, and NGOs are actually stooges of the rich and powerful (the upper .5% of the populous). These "nonpartisan" groups are actually the most political! The rich and powerful unite to secretly coordinate direction and policy for everyone else.
[Youtube] George William Domhoff's Who Rules America? - Part 1/2
[Youtube] George William Domhoff's Who Rules America? - Part 2/2
The videos above were a summary of a much longer interview available here.
Saturday, September 25, 2010
Stoneleigh: Deflation 06-12-2010
You've heard the concept of extreme deflation first from Stoneleigh!
Here a look at extreme deflation cased by a severe depression where credit dries up, asset prices, fall, the currency fails, and long supply chains become localized. The energy (oil) bubble that's fed the financial bubble will pop the bubble as the world surpasses peak oil. It's just around the corner. Stoneleigh wants to prepare you.
So it's a question of hyperinflation vs. hyperdeflation. Which route will the currency take?
I guess enjoy spending your dollars while they still have value and there's still oil around. Finish that trip you've always wanted to take!
Here's Stoneleigh (her website is The Automatic Earth, http://theautomaticearth.blogspot.com) speaking at the Transition Network Conference in the UK on 06-12-2010. I thought the Q&A was more informative so I'll put it ahead of the speech.
[MP3] Stoneleigh: Q&A - Extreme Deflation (UK) 06-12-2010
[MP3] Stoneleigh: Speech - Extreme Deflation (UK) 06-12-2010
Here a look at extreme deflation cased by a severe depression where credit dries up, asset prices, fall, the currency fails, and long supply chains become localized. The energy (oil) bubble that's fed the financial bubble will pop the bubble as the world surpasses peak oil. It's just around the corner. Stoneleigh wants to prepare you.
So it's a question of hyperinflation vs. hyperdeflation. Which route will the currency take?
I guess enjoy spending your dollars while they still have value and there's still oil around. Finish that trip you've always wanted to take!
Here's Stoneleigh (her website is The Automatic Earth, http://theautomaticearth.blogspot.com) speaking at the Transition Network Conference in the UK on 06-12-2010. I thought the Q&A was more informative so I'll put it ahead of the speech.
[MP3] Stoneleigh: Q&A - Extreme Deflation (UK) 06-12-2010
[MP3] Stoneleigh: Speech - Extreme Deflation (UK) 06-12-2010
Manfred Max-Neef on Democracy Now! 09-22-2010
Knowledge vs. Understanding
Here's Manfred Max-Neef, a Chilean economist, on understanding economics and how the majority of people fail in this aspect. Knowing something and understanding something are two different concepts.
I think what's also key is intent of a person. Have we passed that critical mass where people value material consumption over human relations and life? The knowledge is there. People can't be that dumb to not know what's going on. War is supported because it props up the dollar and keeps oil out of the hands of the Chinese. Why are the current politicians and business leaders still supported? It's not because of ignorance. And why is when people point out that Bush lied, the bailout was a scam, the corporations are the puppetmasters, that the people pointing it out are treated as heretics?
[Video] Manfred Max-Neef on Democracy Now! talking lack of economic understanding 09-22-2010
Here's Manfred Max-Neef, a Chilean economist, on understanding economics and how the majority of people fail in this aspect. Knowing something and understanding something are two different concepts.
I think what's also key is intent of a person. Have we passed that critical mass where people value material consumption over human relations and life? The knowledge is there. People can't be that dumb to not know what's going on. War is supported because it props up the dollar and keeps oil out of the hands of the Chinese. Why are the current politicians and business leaders still supported? It's not because of ignorance. And why is when people point out that Bush lied, the bailout was a scam, the corporations are the puppetmasters, that the people pointing it out are treated as heretics?
[Video] Manfred Max-Neef on Democracy Now! talking lack of economic understanding 09-22-2010
Saturday, July 24, 2010
Boycott Israel
THIS IS HOW YOU DO IT
From today's blog entry on Max Keiser...
It's simple and effective. Got a grudge? Want change? No need to get angry. Just be smart about it. Boycott that which is bugging you and perhaps even killing you (literally). You've got the speak the language of money, the language most important to those causing trouble and misery. Again, I don't understand all the protests. They're just a waste of time. Buying consciously is more powerful than even voting.
Boycott of Israeli settlement goods by the Palestinian population is taking a toll on Israeli settlement businesses, forcing them to reduce their size or to close altogether.
I, myself, boycott Intel since some engineering of their popular CPUs is done in Israel. I buy AMD/ATI instead. It's a bit slower, but it is also cheaper. And it keeps part of my conscious clean.
[Youtube] Boycott of Israeli settlement goods effective
[Article] Israeli Settlements - The Boycott
From today's blog entry on Max Keiser...
It's simple and effective. Got a grudge? Want change? No need to get angry. Just be smart about it. Boycott that which is bugging you and perhaps even killing you (literally). You've got the speak the language of money, the language most important to those causing trouble and misery. Again, I don't understand all the protests. They're just a waste of time. Buying consciously is more powerful than even voting.
Boycott of Israeli settlement goods by the Palestinian population is taking a toll on Israeli settlement businesses, forcing them to reduce their size or to close altogether.
I, myself, boycott Intel since some engineering of their popular CPUs is done in Israel. I buy AMD/ATI instead. It's a bit slower, but it is also cheaper. And it keeps part of my conscious clean.
[Youtube] Boycott of Israeli settlement goods effective
[Article] Israeli Settlements - The Boycott
Franklin Sanders: Be Local
BUY LOCAL
Keeping with the topic of local economy, local interdependancies, and local employment, Franklin Sanders talks about Revitalizing Local Economies. Paying for gadgets that technology that increase production steers the farmer to unsustainable debt and eventual farm loss. How? The money to buy and sustain the nifty gadgets gets sent to New York. New York gets rich while the local farmer gets stuck with debt. High productivity also leads to depressed pricing which leads to lower income for the farmer. This exact mechanism created a depression for the farmers in the 1920s. The depression later spread to the rest of society in the 1930s.
gold and silver money, government throwing good money after bad, government subsidizing and propping up of inefficient and wealth destroying corporations, decapitalization of individual wealth via government spending, inflation, incorrect unemployment computation, decentralization,
[MP3] Franklin Sanders on local economy
Keeping with the topic of local economy, local interdependancies, and local employment, Franklin Sanders talks about Revitalizing Local Economies. Paying for gadgets that technology that increase production steers the farmer to unsustainable debt and eventual farm loss. How? The money to buy and sustain the nifty gadgets gets sent to New York. New York gets rich while the local farmer gets stuck with debt. High productivity also leads to depressed pricing which leads to lower income for the farmer. This exact mechanism created a depression for the farmers in the 1920s. The depression later spread to the rest of society in the 1930s.
gold and silver money, government throwing good money after bad, government subsidizing and propping up of inefficient and wealth destroying corporations, decapitalization of individual wealth via government spending, inflation, incorrect unemployment computation, decentralization,
[MP3] Franklin Sanders on local economy
Saturday, July 17, 2010
Cuba - Life free from oil
Cuba without oil... It means independence, interdependance on others in the economy, organic food, and more jobs.
It reminds me of the time I was in India and the mom n pop restaurants had no refrigerator. Now, one would think it quite a negative. It's actually the opposite. The food tasted much better! It had to come in fresh and be prepared right away!
So why have we moved to food being shipped across the country and around the world. Not only that, the food is highly processed and in a lot of cases frozen. Why didn't this happen 50 years ago? It's because of cheap oil and cheap mechanical toys.
If oil and gas went up 10x in price tomorrow, local and organic would certainly be in fashion. After all, shipping something 10 miles is a lot of more cost effective than shipping something 10000 miles. Not only that, fertilizer from fossil fuels becomes expensive. Suddenly, that banana peel and compost becomes valuable. Tending to a large corporate farm becomes infeasible as manual labor is much cheaper than maintaining a tractor and running it. This means more jobs become available. And everyone becomes interconnected as everyone is dependent on everyone else. Suddenly, people have more vale.
[Video] Cuba's independence from oil
It reminds me of the time I was in India and the mom n pop restaurants had no refrigerator. Now, one would think it quite a negative. It's actually the opposite. The food tasted much better! It had to come in fresh and be prepared right away!
So why have we moved to food being shipped across the country and around the world. Not only that, the food is highly processed and in a lot of cases frozen. Why didn't this happen 50 years ago? It's because of cheap oil and cheap mechanical toys.
If oil and gas went up 10x in price tomorrow, local and organic would certainly be in fashion. After all, shipping something 10 miles is a lot of more cost effective than shipping something 10000 miles. Not only that, fertilizer from fossil fuels becomes expensive. Suddenly, that banana peel and compost becomes valuable. Tending to a large corporate farm becomes infeasible as manual labor is much cheaper than maintaining a tractor and running it. This means more jobs become available. And everyone becomes interconnected as everyone is dependent on everyone else. Suddenly, people have more vale.
[Video] Cuba's independence from oil
Saturday, June 12, 2010
David DeGraw on Max Keiser exposes Tim Geithner
PLANET OF THE PYSCHOS
Would you like to have the guy that was the head of the IMF, who during his tenure, destroyed numerous third world countries be in charge of your country's Treasury? Well it's happened without your permission or knowledge.
David DeGraw exposes the charlatan Tim Geithner, who claims to work for the public's interest as the US Treasury Secretary. It is no surprise, that during his term, IMF type hits have been pursued to bring the biggest economy ever in the history of the world on its knees begging for a new direction.
Scary, just scary. I was completely floored when I heard about Tim's background. No wonder we are where we are!
[Youtube] David DeGraw on Max Keiser's show on "Little Timmy" Tim Geithner
Would you like to have the guy that was the head of the IMF, who during his tenure, destroyed numerous third world countries be in charge of your country's Treasury? Well it's happened without your permission or knowledge.
David DeGraw exposes the charlatan Tim Geithner, who claims to work for the public's interest as the US Treasury Secretary. It is no surprise, that during his term, IMF type hits have been pursued to bring the biggest economy ever in the history of the world on its knees begging for a new direction.
Scary, just scary. I was completely floored when I heard about Tim's background. No wonder we are where we are!
[Youtube] David DeGraw on Max Keiser's show on "Little Timmy" Tim Geithner
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