As the yearly end of summer doldrums engulf the Hamptons, the uber-wealthy position themselves for a rocky coming storm when the robust fall trading season begins. Some of the most memorable major equity collapses happen during this time of year. Logic, fundamentals and sound business analysis has very little to do in forecasting when the actual plug will be pulled on the rocket ride in stocks. In a rigid game, the house always knows when and at what time the fleecing of the mark happens. Such timing projections do not apply to the decline in the purchasing power of the dollar. More appropriately, Federal Reserve Notes are only compulsory money because of the legal tender laws. Yet, financial instruments are gauged in terms of their worth by the dollar redemption value they produce.
The thin veneer of civilization has once again proven, to be too fragile for confidence in the long-term future of a disintegrating country. As the mainstream media coverage of the Ferguson shooting of Michael Brown and the ensuing riots illustrates, “never let a crisis go to waste”, also applies to situations cooked up to spread the gospel and virtues of a Homeland Security Brown Shirt Corp. The race-baiting machine loves to broadcast the PC culture as the time-tested diversion from the existential threats to our very survival. “Keep hope alive” is just as dead as Rodney King, and his unforgettable plea, “Can we all just get along?”
When the billionaire tech jet set decides to let down their hair, what do they talk about around the campfire? According to the New Your Times, “Google is sponsoring an elite conference this week at a golf resort in Sicily, with a guest list of chief executives, investors and celebrities, all of whom were invited to bring their families. On the agenda are high-minded discussions of global issues — along with relaxation by the Mediterranean Sea.” How quaint! . . . For the real scoop, Here’s What Went On At Google’s Exclusive Conference For The Rich And Famous In Sicily.
People are dumb because they do not know and refuse to learn the real history behind world events. Educational institutions do not function as seekers of truth, but as gatekeepers for narratives that defy common sense and defame historical facts. Society fosters the ultimate taboo against chronicles that differ with the established story of distortions and misdirection. Anyone who dares waver from accepted limits and suppositions immediately is a quack or an extremist. The dreaded label of being a conspiracy theorist, used to smear and marginalize researchers and pundits, is the height of anti-intellectualism and character assassination.
Well, the International Monetary Fund is at it again. It looks like controlling entire economy conditions of nations is not enough for the IMF. The IMF urges higher energy taxes to fight climate change and lays out “exactly what it views as appropriate taxes on coal, natural gas, gasoline and diesel in 156 countries to factor in the fuels’ overall costs, which include carbon dioxide emissions, air pollution, congestion and traffic accidents.”
The establishment thrives on creating conditions of chaos. The goal is to train the public to accept that only government or mainstream institutions can offer provisional solutions. Qualified and restricted systems of maintaining order and social stability seldom improves the plight of the average person, but works well at extending the reach and dominance of rigid compliance. Coercion, either overt or passive, channels the necessary behavioral acquiescence. Any political ideology finds itself up against this context. Therefore, promoting division and extreme dislike between groups and among varied political orientations is a key and necessary element in preserving the elitist controlled organism of collective perception.
For an economy to grow and create actual wealth, innovation is a bedrock component in the development of enhanced prosperity. Prosperity is an intriguing concept. Simply making and accumulating money falls short of establishing a successful economic model. This recent report illustrates a prime example. Facebook stock soars, as company briefly passes IBM in market value. “By most measures, Facebook is dwarfed by IBM: With about 7,000 employees, ten-year-old Facebook is on track to garner $12 billion in sales this year. The 103-year-old IBM has more than 400,000 workers and sold almost $100 billion of computer hardware and software in 2013.”
With the centurial commemoration of the Great War, the Timeline of World War I provides a chronological list of facts and occurrences. Contrast such details with a wholly inadequate and sanitized version of the Top 5 Causes of World War 1:
1. Mutual Defense Alliances
5. Immediate Cause: Assassination of Archduke Franz Ferdinand
The belief that calling for and instituting sanctions against Russia is a sound policy, illustrates the economic disconnect of the Obama administration. With the fervor for starting a new cold war, the propaganda machine is working overtime to paint a picture that ignores real economic synergism. Note the conflicting reports regarding the EU. Nine EU countries ready to block economic sanctions against Russia, quotes a diplomatic source to ITAR-TASS:
Gaza has become a slaughter zone for the eradication of Palestinians with the most advanced military technology that Israel posses. In comparison the blaming of Hamas for this latest barrage of rockets, fails to recognize any proposition in the mutual savagery. Depending on one’s view just who is the unlawful belligerent, sympathy and condemnation follows. This eternal struggle will never end peacefully. Debating international law, dissecting historic claims, strategizing military options, analyzing diplomatic intentions, and especially honoring superior doctrine among conflicting religious beliefs is a formula that offers no solutions. Yet, Israel is wedded to an expansionist political objective. Extending settlements prevent any permanent settlement agreement.
The practice of a pure free market is so rare that a plausible argument can be made that a free market economy never existed. However, as the saying goes, Once Upon A Time, economic commerce did reflect a voluntary basis for business transactions. The fortunes of trade rested upon the mutual benefit of all parties, since repeated satisfaction built sustaining economies. Competition was the norm and the quality of goods and services developed that propelled expanding growth and prosperity for the largest numbers of participating producers and consumers. In the corporatist economic model, the goal is to create and protect monopolies, while stamping out any enterprises that challenge the Plutocrat system.
For the last several years, the press on the disastrous North American Union has been off front-page news. Nonetheless, the plans to remove barriers and open up borders keeps chucking along. Those who belief this course is desirable or those who conclude that it is unpreventable because the climate of globalization is overpowering, are subversive collaborators of the NWO or gutless wimps that deserve to be run over by the hordes of barbarians that flood our country.