Written by Jeff Nielson Thursday, 06 June 2013 12:57
In Part I; readers received most of the brutal truth about the rapidly deteriorating and nearly hopeless situations facing the major economies of the Western world. Our nations are all either bankrupt or insolvent, and ruled by corrupt governments who long ago stopped serving the interests of their own people.
Worse still, from past experience (i.e. their own corrupt mismanagement) we have seen that most of the dominant Opposition parties in these regimes have also been bought-off. So in most major Western regimes, our “elections” are now little more than exercises in shuffling the deck-chairs on the Titanic.
There is zero possibility of our “leaders” ever initiating any positive reforms on their own. The only new policy they have attempted (since the crisis they created) was so-called Austerity. With all Western economies suffering from the worst revenue crisis in history; we have all of these myopic, Traitor governments doing nothing but hacking-and-slashing spending (on people).
As I immediately explained in my own writing; this was deliberate economic suicide. It was the equivalent of a doctor “prescribing” a diet for a patient already suffering from severe anorexia. As with putting an anorexic on a diet; all this economic suicide accomplished was to escalate the collapse of these economies. And as I predicted, all of these economies are in the process of abandoning Austerity.
This means that the only remaining “plan” from our Traitor governments is more of the same. Exactly what created all of our fiscal/economic problems: ever-increasing printing and borrowing. Meanwhile these (bankrupt) governments refuse to even attempt to increase revenues; because the only entities with substantial quantities of taxable wealth are their Masters: the monopolies, oligopolies, and ultra-wealthy Oligarchs who lurk behind them.
At the same time; our revenue-starved governments are handing out more-and-larger corporate subsidies than at any time in history – while these corporations sit with more cash than at any time in history, and brag about their profit-margins. There is no longer even an attempt to hide this corrupt double-standard. “Austerity” for the people; more-and-bigger hand-outs for the monopolies and oligopolies.
And nowhere is the corruption worse than in our financial sector; realm of the Western financial Mafia. Their largest single “business” (by dollar value) is laundering dirty money for the world’s drug cartels, terrorists, and any other criminals with large piles of cash. These Big Banks are caught in this money-laundering now on virtually a weekly basis; mostly originating from the Wall Street cabal. Not only is this crime syndicate never punished for its crimes; the U.S. Attorney General has publicly declared he will cover-up all their illegal acts.
While money-laundering may be the biggest, single money-maker for the banksters; their principal activity is manipulating markets. This is done primarily through two, entirely illegal endeavours: influencing markets with gigantic, paper bets in the (hidden/unregulated) shadow-markets of their derivatives casino; and via simply rigging markets with the Pied Piper software known as trading algorithms.
Thanks to “high-frequency trading”; manipulating markets has become significantly easier than shooting fish in a barrel. There is no longer anything either “free” or “open” about our corrupt markets, they are merely crime scenes.
We now have our parameters:
1) Total economic predation/parasitism from the monopolies and oligopolies which now saturate virtually every niche of the global economy.
2) Absolute political corruption, with no hope of legitimate government over the short term.
3) Completely corrupt markets, which are no longer “functional” in terms of the primary purpose of all markets: to regulate supply and demand by facilitating open commerce. “Price” is no longer the product of supply and demand; but rather it is the result of a crime.
How can positive change be made in such an utterly hopeless context? The populations of Western societies must revert from being Serfs, and remember how to act like Citizens.