Tag Archives: 1%

OPENNESS . . . The New World Order!

 

 

 

For millennia, secrecy and stealth have been the primary ingredients in the acquisition and maintenance of power within our species. It is how the 1% have ruled, whilst setting the people against each other to keep them from turning on their rulers.

We have now moved into a whole new world where maintaining the ignorance of the people is becoming more difficult. From WikiLeaks to Edward Snowden, the odious Trade Agreements and now the ‘Panama Papers’, human morality, supported by the internet, is driving a coach and horses through the very heart of the traditional power base of the Old World Order of the ruling few.

As far as this latest revelation is concerned, reports suggest that sums of between some $1 to $2 trillion have been taken out of circulation and hidden away. Whilst we have all been aware that this sort of thing goes on, the sums now brought to light are truly staggering and could resolve the current plight of the poor if put back into circulation.

When you consider that this money was originally created out of thin air and then passed to the very people who already have more of it than the rest of us and who then take it out of circulation and hide it away (often legally), the whole current financial system is corrupt.

It is not only the credibility of the financial system itself that is now in question but also the governments who condone and support it. After the American Senate bullied Switzerland into opening up its secrecy rules, “to subvert further tax evasion”, we now find that the game has been moved to, of all places, Reno, Nevada, USA!

Rothschild has opened a trust company here and is moving clients from places like Switzerland and Bermuda, where new international disclosure requirements are now required, to Reno where they are not. You really couldn’t make this stuff up!

What we have here is a lack of any morality whatsoever, as the rich and corporations use and abuse the services of Society at a greater level than the rest of us but, unlike the rest of us, are not made to contribute their fair share to support those services.

At a time when technology is putting people out of work and with no solutions being attempted by governments, rather they are focused firmly upon supporting neoliberalism, it makes this type of financial abuse not only criminal but morally obscene.

In amongst all of the reporting on these latest revelations, are the various interpretations of vested interest. These range from a conspiracy to unseat the Icelandic Prime Minister (11.5 million pieces of dynamite information to do this? Hmmm!), to discrediting President Putin who, it would appear, does not use this type of financial service (although I am sure he is not ‘lilywhite’!).

Attempts have even been made to undermine the authenticity of the global group of journalists involved. I’m not sure this group have an ulterior motive, although the media they supply certainly do. Sadly, the Guardian, in spite of its valiant support of Edward Snowden, has introduced the red herring of Putin in its reporting of the whole affair.

The fact that all of this information, from WikiLeaks up to the present, has been made available without profit being sought speaks volumes about the integrity of the people involved. Whistle-blowing has become the last bastion of morality and integrity in an increasingly corrupt neoliberal world. Its values represent something inherent in all of us and something we deeply respect . . . the truth!

What, for me, is the most significant aspect of this whole story is that 370 journalists from 70 different countries supported these latest disclosures and worked in an unprecedented scale of co-operation for over a year to bring these revelations to light. It is a development of unparalleled importance in the current balance of power within Society.

It may be that their efforts will be suppressed by global media in the hope that the story will fade and business can continue as usual. I am not so sure, if Ed Snowden and WikiLeaks are anything to go by. In this 21st century we are no longer ignorant, nor are we misinformed (for very long), as the world of Information Technology opens up the secrets of the increasing levels of abuse that currently run our world.

The Old Order know what is going on but are, I would suggest, helpless to stop it (even with Surveillance), because their world has been constructed and can only succeed through stealth and secrecy and our new world of ‘Openness’ is simply not conducive to supporting or tolerating this.

Perhaps the worm has now found an effective way of turning, as we seek a return to a world in which the needs of the 99% receive the compassionate attention and support that is currently directed at the 1%.

Until the next time

 

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

Who Actually Owns ‘Our’ Money?

banks photo

 “You never change things by fighting the existing reality.  To change something, build a new model that makes the existing model obsolete.” – Richard Buckminster Fuller  

In a piece last week http://www.globalmagnacarta.org/wp-admin/post.php?post=631&action=edit

I alluded to the ‘farcical’ nature of our money, as the taxes we pay are now used to compensate us when the banks steal our money . . . We seem to be paying for everything!!! As I pondered this the penny suddenly dropped.

(I know, I know. Not the brightest in the chandelier but I get there eventually!)

I was explaining how the next collapse will see the banks convert, not our taxes this time but our savings, current accounts and investments into their assets. “But they can’t do that” I hear you say, “It’s OUR money!!!”

Ah! No! Sadly it isn’t . . . It’s theirs! They print it (out of thin air) and then distribute it as 97% of the world’s currencies, charging us compound interest for its use (In Greece’s case at 18%). Every note, coin and digital statement in our pockets, purses, wallets and bank accounts is their property, we are merely borrowing it.

As their property, they can do with it whatever they like and that is precisely what they do. Before the penny dropped I wrote on a number of occasions about 2008 being the greatest financial heist in the history of our species. Sadly I have been misleading you and doing an injustice to the banks. As it’s their money no theft occurred!

All they did was move their money from our ‘taxes pot’ to their seriously broken ‘banking pot’ to repair the damage they had done with all of their sub-prime mortgage/odious debt lending. In taking it out of our ‘taxes pot’ this then left governments without any money to run their countries and so they had to borrow from the banks, something many couldn’t afford.

Therefore the banks insisted governments applied ‘Austerity’ measures, to meet these new debt commitments, which provided them with the excuse to take what isn’t theirs, namely our national assets. They can do all of this because they own and control the global supply of money, which they can hand out or take back whenever they choose and currently there is nothing our governments seem to want to do about it.

When the next collapse occurs they will move their money from our bank accounts into their own bank account, thereby making them solvent again and removing another vast chunk of money out of Society. In Europe the appropriate legislation has already been enacted to make it all appear legal to us, when in fact they don’t really need these cosmetics . . . because it’s all their money. (Just making the point again!)

The widening gap between the rich and poor is because the banks are now choosing to put their money, by the trillion, in the hands of their mates – the global corporations. They are not putting it with the people, who could start the economy growing again, because they choose not to.

Our enslavement by debt is, I believe, the means by which they are hardening their already extensive hold over a now very shaky global financial system that is riddled with Odious debt. (It may also help suppress our growing liberation by the internet.)

It is difficult to find alternative reasons, as I watch the tyrannical ferocity of their demands for the total capitulation of the financially insignificant country of Greece. The world is coming to recognise that this is not responsible banking practice but intimidation in its rawest form, designed to send out a clear message that nobody stands up to the banks.

And from both political and financial perspectives this treatment gets a lot worse. Not only are they destroying democracy, by putting unelected representatives in to run the country but also destroying it with debt. Demanding Greece now takes a new ‘credit card’ with a higher credit limit, to be used specifically to pay off the ‘credit card’ previously issued to them, (and invest little of it in the country), is simply repaying Odious debt with more Odious debt!

Over the years I have read a number of purported conspiracy theories, which to date I have taken with a pinch of salt. These theories suggest that all of the American Presidents who have been assassinated, from Abraham Lincoln to John F Kennedy, had one thing in common. They were all committed to taking away from private banks the issue of the country’s currency and returning it, many would argue rightfully, to a government run Public Banking system that would be of far greater benefit to the people and the economy.

As I ponder this and the mystery that still surrounds the death of JFK, I begin to wonder about these supposed conspiracy theories. Is it possible that what to me was previously ‘farcical’ is indeed lacking in any humour whatsoever?

 

Until the next time.

 

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