Monthly Archives: February 2016

TTIP . . . Another Control Being Put in Place!

 

“In addition to the blogs, I publish a weekly Newsletter on a Friday dealing with anything during the week that caught my eye. I am sending this one to you as it is pertinent to my current theme on ‘Feudalism & Unification’. If you are happy I will continue sending you ‘week old’ Newsletters but please tell me if you are unhappy with this.

TYSM as always for your continued support of my work.”  J T Coombes

Observations for the Week Ending 12th February 2016

TTIP . . . Another Control Being Put in Place!

As the IMF and EU increase their financial control over the 99% through legislation and debt, so the corporate powers are now providing further pressure, through odious trade agreements that are designed, not for trade, but the obliteration of people driven democracy.

The old Establishment are certainly fearful of the freedoms the internet is now providing our species and dramatically reducing the traditional methods of control that have been used for millennia to keep the populace in ignorance.

These trade agreements are a last ditch attempt to apply corporate pressure to the obliteration of democracy, in a serious endeavour by the old Establishment to consolidate and maintain its power over Society.

Secret agreements, such as TTIP and TPP are still only available for vetting, by elected representatives of the people, in closely guarded rooms and no copy(ies) are allowed to leave these fortified spaces. Why is there such rigorous secrecy and has been for the 7-year gestation of the final documents, if Society is not being threatened?

This action itself is a blatant contempt for democracy and a scary indication of what might come if allowed to reach maturity. Perhaps we have already seen the future last year in Greece, where unelected bankers marched into the country and imposed restrictions of the people over the head of the elected government. With these trade agreements it will be not only bankers but also company directors and their technocrat officials, immune from any forms of control.

At the heart of this subversive activity by the powerful, is the move to enact legislation that neuters the legislative process of countries and therefore their governments. I still struggle to understand why governments are so easily giving away their powers like this. Unless it then becomes a very easy ride to just do what the corporations want and take the pay check at the end of each month.

The obvious legislative target here, without even thinking, is any and all legislation designed to protect citizens from shoddy and inferior goods and takes us down a frightening path of substandard foods and electrical goods, as high safety standards mean inroads into profit.

In the past, authoritarian power and its abuse has come from monarchs, with vast armies at their disposal to consolidate their power. In this 21st century it is debt, not armed forces that is underwriting the power, through debt obligation.

The problems of abuse are no different, although no longer restricted to just one country this time. For some restraint to be exercised we need a modern version of the Magna Carta document used 800 years to control the power.

The written word worked then and it can work again. Indeed, the internet provides the ‘unarmed’ resistance to growing control through the written word, in large part, providing the reduction in global ignorance that has previously allowed the 1% this control.

The original Magna Carta came from barons whose power base was being undermined. Today it is the middle classes who are being undermined and maybe this is the area from which a new ‘Global’ Magna Carta should emanate. Globally they are being attacked at their very source, by the application of indebtedness to their young before they have started any form of career and undermining jobs with new technology that is no longer restricted to the production line.

It is the unifying aspects of one global group of people, such as this, which could provide the impetus for a sustained and unified global reaction against the current increasing powers of the 1% and the obliteration of proper democracy.

By the very nature of their secrecy they are actively seeking to deny all forms of democracy, of which these odious trade agreements, now being signed into force, are very much a part. Indeed, they are the spearhead of the final nails being driven into the coffin of global democracy and we have to do something to fight back.

A global middle class driven Magna Carta of some description would fit the bill in uniting people in a commonly understood cause. The vast protest at the signing into force of these agreements shows a mind-set that is becoming united and action will come from this awareness and understanding of what is going on. Exciting times.

 

Enjoy your weekend.

2016 . . . Feudalism is Returning

The private banks have argued for a long time now that the issue of money should be exclusively theirs. They further argue that to allow governments this power would see political abuse of the monetary system. It is a sound argument, which has allowed financiers to amass not only great wealth but also vast power that now, as we are seeing, is usurping the powers of elected governments and eradicating democracy.

The end result of this is that in this 21st century we are being taken back to a feudal Society, where the people own very little and are enslaved by debt.

In feudal times the peasants (people) were allowed to farm and cultivate plots of land by renting that land from the powerful (Barons). They rarely achieved ownership of the land they worked because a large portion of what they grew was taken by the Landowner as rent for the land. This kept the people at a barely subsistence level from what they farmed. If they had a poor year they incurred debt, because of inadequate supplies of crops with which to pay the rent. If they were unable to ‘grow their way out of debt’ they were enslaved in serfdom.

I see many similarities between then, when Magna Carta came into force and today. Our private money system has created a property boom which is now pricing property at such astronomical rates, more and more people are being returned to renting their own home, or denied that opportunity, with little chance in the foreseeable future of this situation changing . . . A rentier Society.

Technology is being allowed to replace jobs with no political will to lead a vision of employment in this new era. Already the young are consigned to a form of slavery, as educated graduates, burdened down with debt, are finding it less and less possible to engage in a career with a meaningful future and income opportunities, leaving them with no option than to rent their homes . . . A rentier Society.

Cash is being abolished to enable our money to become wholly digital to support negative interest rates, where we pay the banks to look after our money! This means we will have no independence or control over our finances, as was the case when cash ruled. We will soon see our money frozen at the press of a button if we somehow transgress. Remember what happened to Julian Assange and Ed Snowden . . . all accounts frozen without any judicial process to confirm their guilt . . . A financially repressed rentier Society.

Given such a lacklustre environment in which Society is expected to function it can only mean a return to the feudal times of centuries ago. And this in a time when we can send people into Space and perform the most miraculous of medical operations and healthcare.

Nowhere is this more obvious than the odious TTIP trade agreement, which is being forced upon governments around the world. It will reduce populations by 50% by starving people, abolishing pensions and spreading poverty, according to Michael Hudson in an interview with Bonnie Faulkner this month (I am indebted to T J Greene @greentak for this one) http://www.nakedcapitalism.com/2016/02/michael-hudson-discusses-the-new-global-financial-cold-war.html

This supposed trade agreement is to force privatisation and disable government regulation.

. . . And I quote:

“There are a number of related aims: to nullify environmental protection regulations that cost money, to nullify protection of labour, and to nullify attempts to tax natural resources or economic rent. The idea is to turn roads and the transport system into toll roads, which will be owned by foreigners and run at a high charge. The Internet and the water system will be sold off and made into toll systems, to charge for their services and for other basic needs. This will impose a neo-feudal rentier economy throughout the world as the finance, industrial and real estate (FIRE) sector takes over the government sector.”

. . . And just to hammer home the point:

“The neoliberal plan is to create a post-industrial society. By “post-industrial” I mean a neo-rentier economy returning to feudalism. Instead of governments taking the lead and providing basic services at a low price to become a competitive economy, neoliberalized governments sell roads and energy, electricity, water and sewers to buyers that are going to charge whatever the market will bear. This is going to impoverish the country. It’s the opposite of what development economics taught through most of the 20th century”.

Austerity becomes a lot clearer when you realise that all of the debt slushing around this beautiful Planet is now so vast it has become unrepayable. The bankers have engineered this so they are now able to take repayments in the form of sovereign services, transport services, health services and water and sewage systems.

We are returning to a feudal society, by way of debt, that has been allowed to grow beyond prudent levels. Greece, which I rant so much about, is a precursor of what is to come. Where a country is simply broken up to pay odious debt that has been foisted upon its people by irresponsible bankers, aided and abetted by equally irresponsible politicians. Their beautiful islands are being sold off at rock bottom prices like some second hand car auction. TTIP is preparing us all for such action!

In spite of looking very black, there is something within me that continues to say “there will be a turning point”, as there always has been throughout our history. These tactics were tried after the 1929 collapse and seen to fail miserably. John Maynard Keynes, no less, preached against such action and was shown to be right. Financiers think they know better these days and only time will tell.

Very much in our favour now is the fact that we are no longer the global serfs of centuries ago, as I have said before. We are much better educated and with the powerful means of communicating with each other globally. When and where that turning point will be I really don’t know but happen it will . . . We simply have to believe!

(As an aside, you may not be aware, as I wasn’t, that 800,000 names (2% of eligible electors!) have ‘dropped off’ the electoral register, following changes to the way citizens register to vote in the UK. That’s 800,000 people entitled to vote who no longer can help to change things. The National Voter Registration Drive – #NVRD – is driven by passionate people who are rising up to address their governments failure to manage and nurture a ‘healthy’ democracy. Actions like this are on the increase and happening everywhere . . . hence my optimism!)

Awareness breeds understanding and understanding breeds change.

Until the next time

 

Thinking from his Book: Global Magna Carta. Returning Power to the 99% . . . If They Want It! By J T Coombes