Tag Archives: Democracy

Brexit . . . and No World Ending!

Brexit photo

I am an eternal optimist but recently the news has been so negatively contrived as to deprive me of any inspiration whatsoever. However, a ray of light is at last shining through.

Two months have elapsed since Brexit and it would appear that the ‘End of the World’ heralded by the ‘experts’ as ‘Financial Armageddon’ and ‘The Economic Meltdown of Britain’, just hasn’t happened.

Here we are today and very little has changed. By that I mean that the corrupt global financial system is still functioning, after a fashion and the stock markets leaps to new highs that are underpinned by the nirvana of Neoliberalism – unlimited debt – instead of a more solid reality of economic growth through increased production and jobs.

“Have the ‘experts’ got it wrong againis now the cry? These people were as much ‘experts’ as you and I on the subject of the EU and Brexit, because neither have ever been tried before and so where is the learning and experience to make such facile judgements.

These ‘experts’ are people who have studied their specialist subjects and then sold that knowledge to the highest bidder, to support the propaganda of vested interest intent upon pursuing their agenda of a controlled unification of Europe.

This was the tactic used in 2008 to dupe us into being robbed of the money we have invested in providing Society with its essential support infrastructure for healthcare, education, benefits and pensions etc. We were not as aware then as we are now of the manipulative agenda of ‘Austerity’ and debt that has consumed us.

The fact that nothing changed after the bailout, indeed the banks have become more brazen in their abusive money lending and gambling, is now leading to another collapse that not only includes subprime mortgages but subprime car loans, to further feed the disaster.

Unsustainable debt is bringing large corporations to bankruptcy in ever growing numbers and political credibility, or lack of it, is demanding new leaders who care about people and Society in general, rather than profit and greed.

We are certainly seeing this across Europe, with new populist parties growing evermore popular and the likes of Bernie Saunders maintaining a strong voice in America, in spite of no longer being in the running for the Presidency.

What is so blatantly obvious, with Brussels move to try and become a ‘champion’ of social mobility and reduced inequality in its latest moves, is that they are not motivated by a care of the people but simply to try and counter the credibility of increasing numbers of populist movements that they may hold onto power.

Now we have the notorious TPP trade deal possibly ending, as France and Germany voice opposition to its implementation. I would argue that Brexit has made a serious contribution to this radical change of heart from the EU establishment, who previously just ignored the mass protest of the people. THAT IS TRUE DEMOCRACY AT WORK!

Not only that but Hollande and Merkel need desperately to win back favour with their electors if they are to stand any chance of being re-elected next year. (Isn’t it funny how we hear little of ‘clown Junckers’ at present. What a low profile he has adopted!)

If we then add to this the fact that Britain is bouncing back from the over reactions to Brexit, with manufacturing at a 10 month high in August  and UK business in general regaining its confidence after the post Brexit panic the pre-Referendum threats have been laid to waste.

Unlike Greece, who were easily cowered by vested interest, which has now reduced them to almost 21st century serfdom, the UK is the 5th largest economy in the world and in far greater demand by other trading nations. Although we have a way to go, it is obvious now that Brussels has had its wings clipped by Brexit and the arrogance that was inherent in their actions has now all but disappeared.

It is for this reason that I voted for Brexit. Not to break up the EU but to break the power of Brussels and return democracy to European affairs. Whilst France and Germany seek dominance over Europe, they have now scored so many own goals that we shall see how much longer the other members tolerate devastating mistakes such as immigration and negative interest rates.

We are in testing times, where the agenda of the few has taken a severe knock from which it may not recover, given public sentiment towards growing democratic abuses. Brexit could well be the catalyst that ignites a greater desire for freedom from autocratic rule, as it is seen across the world that we continue to maintain confidence in our future. A future we will have so much more control over and one that more nations may want to emulate.

Until the next time.

 

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

An ‘Economic’ Hit Man

Since circa 3000 BC we, as a species, have sought to create empires. Wikipedia offers that “this aspiration to universality resulted in conquest by converting ‘outsiders’ or ‘inferiors’ into the colonized region.”

Whilst in the past, this has been achieved by military might, I would argue that since the last World War we have seen the emergence of a new empire that is being expanded by other than that traditional forces of conquest, (although military might remains in the background).

I speak of the transfer of global power after the last war from the British Empire to America and the latter’s subsequent conquest of a large portion of this globe, achieved by stealth and without undue outrage.

A perfect example of US colonisation at work can be evidenced in an innocent news report of only a few days ago, which carried the story that the World Bank is ‘supporting’ a new coal plant in Kosovo that will modernise the country’s creaking energy infrastructure. It will also condemn this young nation to a future powered by climate destroying fossil fuels. So what is the World Bank up to in what appears a grossly irresponsible action?

In his book Confessions of an Economic Hit Man  (one of many he has now written and which everyone interested in how the world works today should read), John Perkins describes his former life as a financial strategist, specialising in making countries subservient to US foreign policy through debt . . . an ‘Economic’ Hit  Man.

His book defines such people as:

“highly paid professionals who cheat countries around the globe out of trillions of dollars. They funnel money from the World Bank, the US Agency for International Development (USAID), and other foreign “aid” organisations into the coffers of huge corporations and the pockets of a few wealthy families who control the planet’s natural resources. Their tools include fraudulent financial reports, rigged elections, payoffs, extortion, sex and murder.”

It is a well written and gripping read about the life of a man who constantly wrestled with his conscience over his work. Finally, for the sake of his daughter’s future, he became a whistleblower for the same reasons as Edward Snowden. What he was being asked to do was simply immoral and WRONG!

His work saw him travelling the world, going into countries (many in Latin America) and making an economic analysis of their complete structure, from political to environmental and resource wealth. He would then compile a report on how that country could be transformed with new energy plants to support industry, road and natural resources infrastructures, finishing with a 25 year forecast of an economic bonanza.

The reports were always exaggerated in what could be achieved because the whole object of the exercise was to weigh that country down with the debt needed to fund this expansion, provided by the World Bank and others. The repayments, the country was promised, would be paid out of the expanded economy.

Indeed, his reports would not be accepted by his employers unless they were hugely exaggerated in economic outcomes, to give credence to the vast debt the country would be taking on, in the certain knowledge that they would have great difficulty in repaying, or even unable to repay.

By his own admission it is fraud on a global scale, designed to provide lucrative contracts no only to his employers, Chas. T. Main Inc., an international low profile consulting firm used by the World Bank to spread its global lending strategy but also US global conglomerates. It was and still is a win/win situation for US government, corporations and banking institutes (the ‘corporatocracy’ as he describes them – the 1% as we know them).

Once the loan is in place, lucrative contracts are passed out to the likes of Bechtel, Brown & Root, Halliburton, Sone & Webster and many other huge US engineers and contractors, who profit handsomely for decades into the future from installation and maintenance contracts worth billions.

Government wins from the leveraged power that comes with debt. When a country begins struggling with debt repayments, as all have done, they become targets for US favours. These will include US military bases, UN votes, or access to the country’s valuable oil and other natural resources and sovereign assets, as an ‘obligated member’ of the growing US empire.

Sometimes there would be resistance, as in the cases of Ecuador and Panama. In the former, in 1981 President Roldos administration introduced new hydrocarbons laws to reform the country’s relationship with the oil companies. Unless they adhered to these laws, designed to help the people of Ecuador, they would be forced to leave the country.

This resistance was a beacon to other Latin American countries who were also under debt oppression. Shortly after delivering a major speech to his countrymen and women he died in fiery airplane crash on May 24 1981. “CIA Assassination” (Jackals as Perkins knew them) was a cry difficult to refute, as he had challenged the might of the corporatocracy and had to be made a lesson of.

In Panama, in 1967, President Omar Torrijos had concluded three treaties with President Jimmy Carter to preserve the sovereignty of the Panama Canal, a vital waterway that conferred huge power on the country. When ‘empire building’ Ronald Reagan superseded Carter as President his policies completely reversed those of Carter.

Reagan became the servant of those who supposedly served him but actually ran government for the benefit of the corporatocracy. People like George H W Bush, Casper Weinberger, Dick Cheney and Robert McNamara, people in government with powerful backgrounds, connections and influence with global corporations.

They were incensed by the deal Carter had done over the rights for the Panama Canal and wanted Omar Torrijos and his administration consigned to history, with its anti-corporatocracy campaigns for an independent Panama. On July 31st 1981, just two months after Roldos death, Omar Torrijos died in a similar plane crash.

Latin America and the world reeled at these events but worse was to follow. In 1986 the US empire called upon its military might and invaded Panama to deter the then President Noriega, who had superseded Torrijos, from concluding a potential deal with Japan to rebuild the canal.

US corporatocracy was not going to allow this vital link to come under the control of a foreign power and so President Noriega was extracted from the country he ruled over and carried back to the US where he stood trial and imprisonment for violations of American law, committed on that rulers own turf!

American propaganda dealt with world outrage at this abusive use of power by branding Noriega as a despot and tyrant and sentencing him 40 years in prison. Many attempts have been made to uncover the truth but the media are a powerful tool in either shaping people’s minds or keeping the truth buried.

1973 saw a turning point for the empire when President Nixon sought $2.2 billion aid from congress to support Israel. It resulted in a Saudi oil embargo on shipments to the US and brought America to its knees. It was this trauma that welded together big corporations, international banks and government and birthed the global corporatocracy we have today.

To ensure this would not happen again the US proffered the Saudi’s the knowhow and corporate might to build a modern day kingdom out of a barren desert. In addition, American military might would always be available to the kingdom. All of this in exchange for petrodollars and the vital undertaking that there would never be another oil embargo.

To further underwrite this security, we now have the present turmoil in the Middle East that has been nurtured by the CIA and their version of ‘foreign policy’, as the empire seeks to preserve its hold on the world and divert any consolidation of power in this oil rich area.

Whilst I have only skimmed the surface of this man’s experiences and their vast impact upon our modern world, it can be seen why Kosovo is flying in the face of global climate agreements with its coal fired power plant, as well as the recent barbaric treatment of Greece. Power and profit are at stake in the growth of this modern empire, neither of which will be compromised at any cost.

All empires eventually decline and today we have China waiting in the not too distant wings. Where it will all end I have no idea but again we are indebted to a brave man with a conscience who is prepared to stand up against US imperial might and tell the world what is happening.

Like Snowden and so many others, we can only applaud their courage and moral integrity, at a time when these essential values have completely left those who rule us.

Until the next time.

 

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