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Author Topic: 14) Fix Economics & Prosper & Live Long  (Read 72638 times)

Planethosting

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Re: No Economic Crash? (Peace Bank, Interest Free)
« Reply #90 on: April 02, 2014, 01:47:17 pm »

          Get ur done, Planet. Fed[private international banksters] are now retracting the money supply,reducing purchases of ridiculous amount of treasuries with counterfeit currency. Interest rates will now have to increase quickly.  Before every crash, they and the banking community retract money and recall commercial paper, tighten up the available currency.

Thank you Sam. Do you know of any organizations I can get involved in to make some contacts in NH, regarding the liberty movement?  I joined the Free State Project, but that doesn't interface me with anyone, save for this forum.  When I come in town I'd like to meet some people, I'm looking to establish a network with regards to people who are aware that we now live in a police state, so that there can be strength in numbers.  Plus odds and ends, such as I need tires and maybe a battery for my car, and I'm waiting to get them in NH as not to support Nazi Florida, or Nazi Ohio...and I'd like to get them from a local shop that is owned by someone who is on the side of liberty (not Walmart).
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From Babylon, to Samaria, to Egypt, to now Rome, with the aid of The City of London, the District of Columbia, and hooded spirits such as the one they call Lucifer...we are being ruled spiritually, emotionally, mentally, and then physically.  Less so if you understand the true source, nature, and techniques of 'spell casting' by our oppressors.  We are defeated in the spirit realm, first, because many don't believe in the power of, or understand, such things...unlike our rulers, who are the most powerful spiritual organization on the planet, and represent the absolute darkness and proliferation of the occult.

Sam Adams

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Re: No Economic Crash? (Peace Bank, Interest Free)
« Reply #91 on: April 02, 2014, 02:45:07 pm »

          Check this out Planet, I will send you another.  www.freetownproject.com/Finding_the_Free_Town.html   click on the few names there and say hello. Let me know if it works for you. Liberty Town..... Check out nh underground.com , forum only.
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John Edward Mercier

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Re: No Economic Crash? (Peace Bank, Interest Free)
« Reply #92 on: April 02, 2014, 05:03:57 pm »

CSPOA's plan to end major corruption seems like the best plan on the table. I like Solari etc, and they do have good advice, like preparedness and networking etc, but I think we need to be proactive too. CSPOA is getting a constitution-supporting resolution/petition signed by lots of people and plans to take it to the fed govt this Sept in DC and then assemble a team of constitutional law experts to take action against those who do not uphold their oaths of office. I'd like to be on that team and there seem to be other knowledgeable Free Staters who should be on it too.

For preparedness grow sunflowers and chickens at least.
Why? Once SCOTUS declares is unconstitutional, the job is done. Its why the Founders created three branches and not two.
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Sam Adams

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Re: No Economic Crash? (Peace Bank, Interest Free)
« Reply #93 on: April 02, 2014, 05:17:47 pm »




[/quote]Why? Once SCOTUS declares is unconstitutional, the job is done. Its why the Founders created three branches and not two.
[/quote]                                Supreme Court has no enforcement powers, their decisions have been trampled on numerous times.
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John Edward Mercier

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Re: No Economic Crash? (Peace Bank, Interest Free)
« Reply #94 on: April 02, 2014, 05:39:22 pm »

Really? So your under the belief that requesting that the President and Congress just not do what they've done so far is going to be the big enforcement?


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Sam Adams

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Re: No Economic Crash? (Peace Bank, Interest Free)
« Reply #95 on: April 02, 2014, 05:50:56 pm »

Really? So your under the belief that requesting that the President and Congress just not do what they've done so far is going to be the big enforcement?



   I don,t know what your talking about? Executive office executes all the laws that he or she wants to and ignores the rest of them. Congress does the same thing as far as ignoring Supreme court decisions.  Supreme Court never had any enforcement Authority and their decisions have been totally ignored dozens of times. Matter of fact, Congress has stacked the Supreme Court and increased[100%] its member at will, just to dilute its legislation opinion from the bench.
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John Edward Mercier

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Re: No Economic Crash? (Peace Bank, Interest Free)
« Reply #96 on: April 03, 2014, 09:27:06 pm »

I'm talking about the fact that they are proposing to take action against those that do not uphold their oaths of office, what action would a team of constitutional law experts take but file with SCOTUS?

But that isn't going to remove anyone from office.
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Sam Adams

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Re: No Economic Crash? (Peace Bank, Interest Free)
« Reply #97 on: April 03, 2014, 11:40:29 pm »

I'm talking about the fact that they are proposing to take action against those that do not uphold their oaths of office, what action would a team of constitutional law experts take but file with SCOTUS?

But that isn't going to remove anyone from office.
                       Team of Law experts could prepare articles of high crimes, perjury, abuse of office, abuse of power, corruption, lies under oath, etc for Congress members, White House staff, and mainly cabinet members and dept heads, epa, atf, fbi cia, irs, nsa, DHS, ice, dod, treasury, sec, etc, I could go on forever. If Congress won,t act and process with special prosecutors, and or Impeachment charges, then State Sheriffs in each federal employees Counties can prepare warrants for arrest. They could also go for re-call in many States that allow it. State Attorney Generals in residents states can proceed with charges of crimes and breach of Oath of Office.
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Luck

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Re: Economics (Part 1: EU Colonialism in Ukraine)
« Reply #98 on: July 08, 2014, 06:28:07 pm »

EU Association Agreement with Ukraine Is a Gift to Kleptocrats
http://www.nakedcapitalism.com/2014/07/michael-hudson-eu-association-agreement-ukraine-gift-kleptocrats.html
Posted on July 1, 2014 by Yves Smith   

This video http://www.youtube.com/watch?feature=player_embedded&v=ugxqH5u5dPc#t=0 is a great, accessible discussion by Michael Hudson on the Real News Network about how the widely-touted EU deal with the Ukraine is actually an exercise in looting by kleptocrats. Hudson explains that unlike earlier pacts, the EU is making no investment in Ukraine, nor is it allowing Ukraine, which has an agricultural producing region, to have the benefits of the CAP that French farmers enjoy. Hudson point out that the supposed benefit of Ukraine having access to the EU for exports is a smokescreen, since Ukraine is going to lose its main export market, Russia, and the Europeans don’t want to buy Ukraine’s products. Hudson contends that this deal is a de facto takeover, with kleptocrats to be installed in key governmental positions. He anticipates that the result will be mass unemployment and unrest. - This portion of the transcript caught my eye:

    HUDSON: Well, I’m going to begin by putting it in the big picture, and then I’ll get to the details. The big picture is that this is a form of colonialism almost identical to what Europe did in Africa and Latin America and the Near East. What it did in the 19th century in Africa, where property was owned communally, was it would go to the chieftains of a given tribe, as it did to the Saudi Arabian chieftains, and it would say, well, to make an agreement, you have to register all this oil of your country, but you register it in your own name. And once they registered it in their own name, then Britain or France or the other European powers could make a deal that the chieftains could then sell this property or make contracts on behalf of oil or minerals with the European colonial powers. And that’s how the colonial powers pried away all of this property from what had been tribal possession or communal possession.

   Well, as you know, what happened in the Ukraine and the rest of Central Europe after 1991 was all of this public property that was the legacy of the Soviet domination was simply registered in the names of the factory managers. So Ukraine has been called the Nigeria of the North for a good reason. The factory managers and all the leading kleptocrats simply registered their factories in their own name(s) and took it over. And now it’s time for stage two of the process, and stage two is basically the agreement that was signed last Friday.

And stage two:
    WORONCZUK: But, Michael, when I’m reading the mainstream press here, it’s telling me that Ukraine is going to now have an export market of 28 nations, and that the economy is going to grow by 1 percent, and that this is especially going to make up for the loss of Crimea. How does this not equate to an economic gain for the nation?

    HUDSON: Well, absolutely right, they’re going to have an export market of 28 nations. The problem is: what are they going to export? Right now what they’re exporting is largely military and other goods to Russia from Soviet-era factories in the Eastern Ukraine. But essentially part of the deal that was made with Europe is in Kiev they say, okay, we’re going to appoint governors of the Eastern Ukraine. It’s as if there was a military takeover of the United States and the military said, okay, we’re going to make Donald Trump governor of New York, we’re going to make the Koch brothers governors of Kansas and Missouri. They appointed kleptocrats to be governors to essentially loot the Russian regions. This guarantees that there’s going to be continual fighting as the Eastern Ukraine says, wait a minute, we’re being robbed, we didn’t vote for this, this agreement was not made under a legal Parliament, which is what Putin and what Lavrov were saying over the weekend.

    So there’s guaranteed to be labor unrest and strikes in the East.

   There’s not going to be any exports to Europe, because Europe, the last thing the Europeans want is any competition from the Ukraine, until such time as the Europeans can buy out Ukrainian agriculture, kick the Ukrainians off the land, and turn them into mechanized farming, and then take all the food and the land rent and the value of the food to the West. ….

    WORONCZUK: Well, the terms of the economic association agreement also–from what I understand, the stipulation is that Ukraine now cannot join the Russian customs union. From what I understand, Russia is still Ukraine’s biggest export market. So how will this affect the Ukrainian economy?

    HUDSON: Ha! That’s what nobody can figure out. Russia has already said, look, under the terms, if we were to let Ukraine continue to trade within the Russian Union, that means that we would let all the European goods go through the Ukraine and into Russia duty-free. And Russia’s already said that it has no intention of doing that. And it’s going to now have to raise the tariffs against Ukraine.

    So in practice what’s going to happen is the goods that Russia used to get from the old Soviet-era factories in Eastern Ukraine–Russia’s going to build new, modern factories in Russia to make its own military goods and steel and the other things it got from Ukraine. So Russia’s going to become very quickly independent of Ukraine, leaving mass unemployment in the Eastern Ukraine and mass unrest. So you’re going to have Ukrainians without jobs and with nowhere to go, and it’s going to look like Greece or Ireland or Latvia without any of the European money that has gone into these associated countries.
« Last Edit: July 08, 2014, 06:37:26 pm by Luck »
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Luck

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Why the Tea Party & European Right Are Winning Elections
http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=12011

HUDSON: I think what I'd like to talk about is the victory of David Brat in the Virginia primary last week and the connection between the Tea Party here, and a very similar victory of the nationalist right-wing parties in Europe in the parliamentary elections last month. In both cases, the critics have said, well, that's just the Tea Party, and they're ignorant and they're anti-immigrant, and this is the poor people voting against each other and blaming each other. The Tea Party's been blamed for an immigration--anti-immigrant platform. And the same thing has been happening with Le Pen's party in France and the Dutch parties.

But that's actually not what David Brat said in his campaign, and it's not what the right-wing parties in Europe are saying. Brat made it very clear that what he was opposing was the fact that the conservative Republicans, as well as the Democrats in Congress, have both joined to support Wall Street. He said that on his opponent Cantor's Rolodex were all the names of the big Wall Street contributors, the same contributors that are on Obama's Rolodex. So he made it very clear that the protest that he was looking for, the vote, was still the anger against the bailouts in 2008, the way the bailouts were handled. And similarly in Europe, the accusation is that supporting the eurozone and the European Central Bank and European unity gives the bankers the ability to take control of the European government and to use them against the people to impose austerity, debt deflation, and a whole set of bank rules that is essentially causing the same kind of unemployment and poverty in Europe that it's causing here in the United States.

WORONCZUK: So why do you think that the right-wing parties in Europe and the U.S. have been so successful in channeling the legitimate rage of its citizens against their governments?

HUDSON: You've almost said it in the question. They've been successful because they are the only people talking about this problem. Amazingly enough, where is the left at all this? In Europe, the socialist parties and the labor parties have moved to the right wing of the political spectrum. It was a socialist party in Greece that supported austerity and the privatization selloffs. It was the Labour Party in England that out-Thatcherized Margaret Thatcher in privatizing the transportation system. And it's the Democrats here who took control of the bailout over the Republican opposition. It was the Democrats and the Obama administration that has been blocking bankruptcy reform and blocking debt write-downs over the Republican Congress saying, hey, this--the bailout and your pro-Wall Street is all you. So the left-wing, who's essentially moved so far to the right that the traditional right-wing parties, like the tea parties that are controlled essentially by the rich to steer them against government, essentially the right-wing parties have made a left-wing move around the Democratic Party in the United States.

[More at:] http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=12011

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Luck

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Re: Economics (1. Ukraine; 2. Right vs. Austerity; 3. Modern Money Theory)
« Reply #100 on: July 08, 2014, 07:04:59 pm »

Highlights of MODERN MONEY THEORY: THE BASICS
http://neweconomicperspectives.org/2014/06/modern-money-theory-basics.html

... MMT reaches conclusions that are shocking to many who’ve been indoctrinated in the conventional wisdom. Most importantly, it challenges the orthodox views about government finance, monetary policy, the so-called Phillips Curve (inflation-unemployment) trade-off, the wisdom of fixed exchange rates, and the folly of striving for current account surpluses.

For most people, the greatest challenge to near-and-dear convictions is MMT’s claim that a sovereign government’s finances are nothing like those of households and firms. While we hear all the time the statement that “if I ran my household budget the way that the Federal Government runs its budget, I’d go broke”, followed by the claim “therefore, we need to get the government deficit under control”, MMT argues this is a false analogy. A sovereign, currency-issuing government is NOTHING like a currency-using household or firm. The sovereign government cannot become insolvent in its own currency; it can always make all payments as they come due in its own currency.

Indeed, if government spends currency into existence, it clearly does not need tax revenue before it can spend. Further, if taxpayers pay their taxes using currency, then government must first spend before taxes can be paid. Again, all of this was obvious two hundred years ago when kings literally stamped coins in order to spend, and then received their own coins in tax payment.

Another shocking truth is that a sovereign government does not need to “borrow” its own currency in order to spend. Indeed, it cannot borrow currency that it has not already spent! This is why MMT sees the sale of government bonds as something quite different from borrowing.

When government sells bonds, banks buy them by offering reserves they hold at the central bank. The central bank debits the buying bank’s reserve deposits and credits the bank’s account with treasury securities. Rather than seeing this as borrowing by treasury, it is more akin to shifting deposits out of a checking account and into a saving account in order to earn more interest. And, indeed, treasury securities really are nothing more than a saving account at the Fed that pay more interest than do reserve deposits (bank “checking accounts”) at the Fed.

MMT recognizes that bond sales by sovereign government are really part of monetary policy operations. While this gets a bit technical, the operational purpose of such bond sales is to help the central bank hit its overnight interest rate target (called the fed funds rate in the US). Sales of treasury bonds reduce bank reserves and are used to remove excess reserves that would place downward pressure on overnight rates. Purchases of bonds (called an open market purchase) by the Fed add reserves to the banking system, prevent overnight rates from rising. Hence, the Fed and Treasury cooperate using bond sales/bond purchases to enable the Fed to keep the fed funds rate on target.

You don’t need to understand all of that to get the main point: sovereign governments don’t need to borrow their own currency in order to spend! They offer interest-paying treasury securities as an instrument on which banks, firms, households, and foreigners can earn interest. This is a policy choice, not a necessity. Government never needs to sell bonds before spending, and indeed cannot sell bonds unless it has first provided the currency and reserves that banks need to buy the bonds.

... A lot of people have great difficulty [understanding] all this “money creation” business. It sounds like alchemy or even fraud. Banks simply create deposits when they make loans? Government simply creates currency or central bank reserves when it spends? What is this, creation of money out of thin air? Yes, indeed.

Hyman Minsky used to say that “Anyone can create money”; but “the problem lies in getting it accepted”. You must understand that “money” is by nature an IOU. You can create a dollar-denominated “money” by writing “IOU five dollars” on a slip of paper. Your problem is to get someone to accept it. Sovereign government has an easy time finding acceptors—in part because millions of us owe payments to government.

... Both Uncle Sam and Bank of America are constrained in their “money creation”, however. Uncle Sam is subject to the budget authority that is provided by Congress and the President. Occasionally he also bumps up against the crazy (yes, crazy!) Congressionally-imposed “debt limit”. Congress and the President could and should remove that debt limit, but we surely do want a budgeting process and we want to ensure that Uncle Sam is constrained by the approved budget.

Still, Uncle Sam ought to be spending more whenever we’ve got unemployment.

... The problem is not the “thin air” nature of the creation, but rather the quantities of “money” created and the purposes for which it was created. Government spending for the public purpose is beneficial, at least up to the point of full employment of the nation’s resources. Bank lending for public and private purposes that are beneficial publicly and privately is also generally desirable.

However, lending comes with risk and requires good underwriting (assessment of credit worthiness); unfortunately our biggest banks largely abandoned the underwriting process in the 1990s, with disastrous results. One can only hope that policy-makers will restore the good banking practices that were developed over the past half-millennium, shutting down the largest dozen global banks that have no interest in good banking.

... Our system is a state money system. Our currency is government’s liability, an IOU that is redeemable for tax obligations and other payments to the state. The phrase “debt-free money” is based on a misunderstanding. Remember, “anyone can create money”, the “problem is to get it accepted”. They are all IOUs. They are either spent or lent into existence. Their issuers must accept them in payment. They are accepted by those who will make payments, directly or indirectly, to the issuers.

In the developed nations we have thoroughly monetized the economies. Much (maybe most) of our economic activity requires money, and we need specialized institutions that can issue widely accepted monetary IOUs to enable that activity to get underway.

While our governments are large, they are not big enough to provide all the monetary IOUs we need for the scale of economic activity we desire. And we—at least we Americans—are skeptical of putting all monetized economic activity in the hands of a much bigger government. I cannot see any possibility of running a modern, monetized, capitalist economy without private financial institutions that create the monetary IOUs needed to initiate economic activity.

The answer, it seems to me, to our current financial calamities does not reside in elimination of our for-profit financial institutions, even if I do see a positive role to be played by new public financial institutions (maybe some national development banks and some state development banks and a revived postal saving system?).

We do, however, need fundamental reform—including downsizing (probably breaking up or closing) of the behemoths, greater oversight, more transparency, prosecution of financial fraud, and putting more of the “public” in our “public-private partnership” banking institutions.
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Luck

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Re: Economics (Dirty Money; Currency Slavery; Guaranteed Income; BRICS)
« Reply #101 on: July 28, 2014, 01:22:08 am »

Manhattan just another island haven for dirty money
How shady characters are using lax rules to funnel wealth through high-end New York apartments
By Michael Hudson
http://www.publicintegrity.org/2014/07/03/15026/manhattan-just-another-island-haven-dirty-money
http://hetq.am/eng/news/55571/hidden-in-plain-sight-new-york-just-another-island-haven.html

IMF pushes Ukraine to 'voluntarily committing suicide'
Michael Hudson:
http://rt.com/op-edge/170960-economy-imf-ukraine-oligarchs/
The basic principle to bear in mind is that finance today is war by non-military means.
Western support will allow more IMF and European lending to prop the Ukrainian currency so the Ukrainian oligarchs can move their money safely to British and US banks
[Also:] http://www.rogerannis.com/michael-hudson-imf-is-pushing-ukraine-to-voluntary-suicide/

"Ukraine's Gangster State"
Let's speak to leading economist and author Professor Michael Hudson
http://www.opednews.com/articles/Ukraine-s-Gangster-State-by-Eric-Zuesse-Nuclear-Weapons_Obama-Administration_Oligarchy_President-Barack-Obama-POTUS-140703-464.html

Michael Hudson — No to currency slavery
http://mikenormaneconomics.blogspot.com/2014/07/michael-hudson-no-to-currency-slavery.html

Mike Norman Economics
An MMT site bringing you dogma-free economics without the pleadings of self interest
Dylan Matthews — A guaranteed income for every American would eliminate poverty — and it wouldn't destroy the economy
http://www.vox.com/2014/7/23/5925041/guaranteed-income-basic-poverty-gobry-labor-supply

Is the New BRICS Bank a Challenge to US Global Financial Power?
http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=12123&updaterx=2014-07-22+21%3A41%3A34
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Luck

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Re: Economics (Bankers' Plan to "Dismantle" Ukraine)
« Reply #102 on: August 24, 2014, 01:44:58 pm »

How The World Bank & IMF Plan to "Dismantle" Ukrainian Economy

(Michael Hudson: The West looks to ramp up gas production as Vice President Biden's son named leader in Ukrainian gas company Burisma  -   August 4, 2014)

http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=12186

DESVARIEUX: So, Michael, we've been covering Ukraine quite extensively. And I know you've been keeping track of things on the economic front. What's the latest?

HUDSON: Well, one of the things that has not been in the news is that a recent Senate bill, 2277, directed the U.S. Agency for International Development to begin guaranteeing loans for the fracking of oil and gas in the Ukraine. And Vice President Biden's son has become the head of the biggest fracking company in the Ukraine. And what's not usually known is that the armies from Kiev that are marching into the Eastern of Ukraine have been basically protecting the fracking equipment.

Now, for the last nine months, local cities in the east in Ukraine have said, wait a minute, we want local control over the fracking. The people in the city of Sloviansk wanted to oppose the shale gas field from being developed, 'cause they said, look, this is going to destroy our water supply and our land. And essentially what Kiev is doing is saying, well, you're terrorists if you're opposing the oil drilling.

Now, just imagine in this country if President Obama and Vice President Biden were to send troops into upstate New York, which has opposed oil/gas drilling, and bombed Rochester, bombed Buffalo, and began just bombing the cities and shooting the opponents of the fracking. That's exactly what's happening in the Ukraine. And they're doing this supported by the World Bank. The whole attempt is to make Ukraine independent from having to get the gas imports from Russia. And yet already the neighboring Czech Republic, the Netherlands, France, Germany, they've all--Germany's halted the shale gas drilling for seven years because they worry it's going to destroy the groundwater.

Now, in the Eastern Ukraine, where the fighting is now, all of the groundwater under Dnieper and the other major water flows flow into Yalta and into the Crimea. They've turned off the water, most of the water, to Crimea, trying to starve it. So there's a diversion of water away from agriculture towards the fracking.

Meanwhile, in the Western Ukraine, the World Bank has been supporting essentially the large-scale alienation of agricultural land to foreign investors. The World Bank is a wonderful index. It's the index of screwing labor and destroying the environment. They call it the ease of doing business index. But the index for agriculture, they have a special index just for ease of doing business in agriculture. And that means getting rid of rules against pesticides, getting rid of rules against labeling food, against additives, and against everything. And it's very much like the Trans-Pacific Partnership proposal and the Transatlantic partnership proposal. The problem is that Europe is actually opposing all of these pesticides and all the laboring. So you may have the irony of the Ukraine following the World Bank's directions and getting rid of the restrictions on agriculture and making it impossible to export its crops to Europe.

The good thing is that in the past the World Bank has always opposed a country growing food crops. The aim of the World Bank in the past, since 1945, has been to make Latin America and Africa and other countries as export plantation crops and by their food on America from the U.S. farms. This is almost the first time that the World Bank has supported grain production, because that's what the Western Ukraine used to be, the bread basket of Western Europe. But in this case, the World Bank has said, we're going to support you only if you sell out your land to foreigners.

So the intention is to make the Western Ukraine look something like Ireland in the 19th century, when the British landlords owned much of the Irish land, put sheep on it, getting rid of the people on the land. And even in the midst of the Irish potato famine, Ireland was still exporting grain to England, because the grain lands were owned by the British landlords. In this case, for the Ukraine what you're going to have is foreign ownership of Ukrainian agriculture exporting food that Ukrainians aren't able to buy because of the dismantling of the Ukrainian economy that you're seeing today as they're fighting the war there.

See also Dr Michael Hudson interview with RT International: http://mikenormaneconomics.blogspot.com/2014/07/dr-michael-hudson-interview-with-rt.html

See also Max Keiser interview regarding Wall St. Profiting from War & Destruction; American Empire fraying at the edges; the World knows the U.S. is a failing rogue state: http://michael-hudson.com/2014/08/america-unzipped/
« Last Edit: August 24, 2014, 02:01:44 pm by Luck »
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Luck

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Re: Economics (Why Are Stock Markets So Volatile?)
« Reply #103 on: November 07, 2014, 01:12:12 am »

Why Are Stock Markets So Volatile?
Interview video and transcript at http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=12533
Michael Hudson explains that the volatility is due to investors coming to realize company CEO schemes to make it look like their companies are making profits when they're really buying back their own stocks so the CEOs can make gains for themselves, instead of their companies. He explains also why the Fed can't raise interest rates; the stock market would crash.

How U.S. Meddling in Ukraine is Rightly Backfiring
http://rt.com/op-edge/201127-gas-deal-ukraine-russia-europe
Europe is finding that the U.S. is acting like its enemy.

« Last Edit: November 18, 2014, 08:18:14 pm by Luck »
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Luck

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Re: Economics (Toward Greater Economic Equality)
« Reply #104 on: November 18, 2014, 08:17:17 pm »

Wealth is power and everyone who can deserves to have fairly equal power, but not via abuse of power.

This explains a way to increase economic equality properly.
http://neweconomicperspectives.org/2014/10/equality-mmt-real-fiscal-responsibility-re-inventing-democracy.html
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