Neoliberalism And The IMF
Who imposed neoliberalism upon
its victims and what is vile agenda?
Neoliberalism revealed road to hell.
As neoliberalism spreads
agenda fed around the world
like a modern day plague
or a Sheriff of Nottingham
coldly counting out gold coins
amassed stolen from serfdom.
We skip merrily to powerhouse
baron modern day bankers
International Monetary Fund.
The serf medieval farmer
of feudal Europe cultivating
land belonging to a knight?
The landowner buys sells serfs
as land is bought and sold
purchased sold with the land.
Who today could be likened
to a labourer legally bound by
law serving his lord master?
Who indeed? Ignoring modern
slavery more prolific than ever
historically in contemporary
many layered twistered forms?
Is it true that around the world
neoliberalism is imposed by
powerful financial institutions?
Esteemed institutions like famous
International Monetary Fund (IMF)
the Inter-American Development
Bank and the World Bank. Yes!
Banks rape raging all over Latin America!
Neo-liberalism weeds CIA its way into Chile
courtesy agenda of University of Chicago
Milton Friedman who hates welfare dependency
CIA-supports coup against local popularly
elected Allende regime in takeover 1973
then takes out regimes in other countries...
consider implemented effects in sweat shop Mexico
wages declined 40 50% in first year of NAFTA
cost of living sharp soared up a staggering 80%
as North American Free Trade Agreement sinks
hooks deeper into butchered economies Latina.
Neoliberalism is neo-colonization of Latin America.
Mexico 20,000 small and medium businesses failed
over 1,000 state-owned enterprises were privatized
profits for rich were sucked from workers exploited.
Friedman advocates natural rates of unemployment
argues full employment fuels inflation promotes
disastrous permanent departure from gold standard
hail Friedman bean counting revolution monetary.
Meanwhile Friedman Reagan polices sink insidious
teeth deep into target discredited American institutions
sneakily United States neo-liberalism attacks destroys
welfare programs rights of labor immigrant workers.
America remember you were founded upon honest
work of countless free diverse immigrant workers?
What evil is implementing agenda new slave policies?
Who is responsible for cut back social programs?
Who blames poor for government imposed plight?
Who practices divide citizens conquer people policies?
Republican 'Contract' America is pure neo-liberalism.
Observe vile supporters working hard to deny protection
to women, youth, children, planet Earth exploited raped.
Clone citizens sleight of hand tricked accept such policies
as political quick fingers empty public tax cash registers;
with new bogus sales pitch 'get government off my back.'
What happened to days when government had my back?
Who actually benefits from grandiose neoliberalism?
Tax exempt elite 1% tax payer bailed out bankers etc?
Beneficiaries of neo-liberalism are esteemed select minority
of the world's population Sheriff of Nottingham mentalities.
Neoliberalism to vast majority of discarded great unwashed
in money laundered profits must endure policy new order what?
Neoliberalism brings waves of ever increasing suffering.
Small worker hard-won gains of 60 years rapidly eroded.
Workers of the world unite or die under austerity measures.
Friends with baited breath joint global neoliberalism IMF dots
plot hidden course see through monetary veils hatching policies;
rise up new Mahatma Gandhi's Martin Luther King's marches.
poem by Terence George Craddock
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Related quotes
A Political Fruit: A Political Solution!
A yokel’s assessment
loft pigeon holing
key kiwi politics
for term year 2001.
Under Labouring Leadership
exhibited by Prime Minister.
Housewife mentality not
her honourable Helen Clark.
“I’m glad I’m a kiwi
in the land of the free(?)
I wish I was a dog
and Jenny Shipley was a tree! ”
That former National Leader
of the N.Z. Socialist Welfare State.
Effectively exterminated some of
the old the sick the maimed not retained.
The (destained) . Supposedly unemployable.
Through effective long hospital waiting lists.
Patients patiently dying in sickening turn.
Waiting for their turn lifetime tax paid for.
Grossly government underfunded operations.
Patients could not live long enough to have.
Contrast increasing youth adult suicide rates.
Highlights dispirited dispossessed chose to die.
Rather than live with unstomachable shame.
Shame for their families to deal with if had one.
National gave their last paid jobs away to
cheaper ill fated foreign third world workers.
To even more socially exploited workers.
In even more exploited less fortunate lands.
Ensuring aspiring elite rich may free trade
grossing ever more greed upon greed
sweat and misery maximized equating to
an advanced global industrial slavery.
As Neo-liberal policies bite ever harder.
“Full employment is necessary
for capitalism
to grow”; did you never realize!
Shrinking profit rates! Economic Solution?
Inspires corporate elite to revive
depression causing economic liberalism!
Definitions: 1. Rule Of The Market.
Main goal. Reduce wages eliminate
worker rights! Ignore Social Damage!
Lie to the plebeians. Tell these victims.
“An unregulated market will increase
economic growth benefit everyone! ”
Reagan sold as 'trickle-down' economics.
Wealth does not trickle down! It is taken!
2. Cut Social Services. Cut education!
Cut health care! Reduce safety-net for poor!
Reduce maintenance for roads bridges
water supply! Sell as reducing taxes needed!
3. Deregulation. Deregulate all impediment
to profits! No! Protecting the environment?
Safety on the job? Reduce maximize profit!
4. Privatization for Profit. State-owned sold!
Sell goods and services to private investors!
Sell banks! Sell key industries! Sell electricity!
Sell railroads! Sell toll highways! Sell schools!
Sell hospitals! Sell fresh water! Tell plebeians?
This is for greater efficiency which is needed!
Concentrate wealth among an elite few! Make
the public pay more for needed goods services!
5. Eliminate the concept of 'The Public Good'.
Rename everything with shiny new names to
destroy community concepts! Replace Unifying
Terms with slogan 'individual responsibility! '
Divide Conquer the to be exploited plebeian cows!
Milk them for all they have got! Pressure poorest
people in society! Make them accountable! Make
them find solutions to their own lack of health care!
Strip poor of good education good social security!
Blame plebeians who fail! Call them lazy! Divide!
Enjoy your promised promoted new world order.
“I’m glad I’m a kiwi in the land of the free”?
poem by Terence George Craddock
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The Incredible Shrinking Country
It’s become more and more evident that there
is a concerted effort by global oligarchs to emotionally,
and financially bankrupt the United States of America.
Wall Street bankers, Federal Reserve Bank, corrupt
Politicians and the Military/industrial complex
are the instruments of the destruction.
The “Derivatives” debacle created more debt than the
American people will ever be able to effectively reduce,
much less pay off.
Greed drew in other Countries that are now moving toward
or are already bankrupt. The “domino effect” threatens to
destroy global economy. Global elite have effectively enslaved
the World using debt.
To further globalist agenda;
Higher food and oil prices.
U.S. monopoly of dollars for oil no longer effective, as
Russia with its enormous oil reserves and production
is selling oil to Europe and China for Euros and gold.
The ultimate goals of the globalist elite include;
1. One world government
2. One world currency
3. One world religion
4. Control of world food production
5. Eugenics and reduction of world population
'He also forced everyone, small and great, rich and poor, free and slave, to receive a mark on his right hand or on his forehead so that no one could buy or sell unless he had the mark, which is the name of the beast or the number of his name. This calls for wisdom. If anyone has insight, let him calculate the number of the beast, for it is man's number. His number is 666'
(Rev.13: 16-18)
ROTMS
poem by Ray Lucero
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Mitt Romney Has Confirmed What?
Mitt Romney has confirmed that which more than
47% of US voters have felt in their citizen hearts;
excessive profit exploitation of resources by 1%
the richest money grabbing carpetbaggers is wrong.
Mitt Romney condescendingly declared a poor
over exploited 47% dependent on the federal;
government for healthcare and housing are not
a presidential responsibility in corporate policy.
Mitt Romney has no ability to provide better lives
nationally as a goal massive profits by his ruthless;
supporters capitalism of super-corporations bankers
is adding salt to US unemployed bleeding wounds.
Mitt Romney supports government failing to provide
Americans employment due to recession production;
in factories exported overseas denying an American
recovery domestic employment in America healthy.
Mitt Romney illustrates how government by the rich
for the rich has lost the faith hearts and minds of;
poor Americans need creating employment for work
starved poor by building roads bridges both literally;
and figuratively would restore faith in key leadership
and US economy with a positive invasion of the mind;
sending jobs factories to foreign sweat shop workers
strips discarded victim job stripped of right to work!
poem by Terence George Craddock
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White Collar Crime Tax Payer Rewarded
it is hard to believe
we live in the long awaited
twenty-first century
when great gods science technology
were expected to solve social problems
yet America Europe suffer austerity
yet land masses are drowning
ice caps melting under global warming
as world sea levels are rising
it is hard to believe
as good deeds are persecuted
evil still adversity prospers
greed still wears rich trappings of elite legitimacy
ancient recipe robber barons morph into corporations
manipulate interest rates markets civilian savings
yet when their crimes of extortion are exposed
executives bankers reward themselves with shares
massive bonuses paid for with tax payer bail outs
beware bought sold politicians sell out governments
enjoying profits of their purchased corruption souls sold
Jesus prophecy poverty accuracy poor are still with us?
poem by Terence George Craddock
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Workers Of America
Workers of America shout long and loud
As we work together hard and proud
We are the ones that built this great country of ours
From the strain on our backs and our blisters and scars
We were the ones to clear the fields and lay the tracks
We are the ones to build the cities and break our backs
And we are the ones to sweat and bleed and die
As we built this great country, which no one can deny
We work the factories, and the stores and the mills
We dig the ditches and collect the garbage to pay our bills
We are the ones to work in the snow and in the heat of the sun
If it wasn't for us the workers, no work would ever be done
It wasn't the politicians or the judges who built this great land
But it was the workers of America as destiny had planned
Also we are the ones to fight the fires and all the wars
When our elected officials send us away to foreign shores
And we are the ones to feed the deprived and the needy
While the rich man cares for no one, but himself and the greedy
Without us the workers this land or any land would certainly fall
As we are the one that mixes the mortar and builds the wall
We pay the taxes to keep America's heart beating
And we are the ones to keep America always competing
Workers of America look up, as GOD gives us a nod
And listen to the past, as our forefathers do applaud.
Randy L. McClave
poem by Randy McClave
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G Twenty Governments Selected Victims
G Twenty governments
no job recovery policy
bail out bank debt cause
bail corruption banker case
British banker public misery
equals grand 20% British
youth discard unemployment
in Spain public sector workers
sit on privileges
minimum wage
fails to favour enjoy
G Twenty governments
deny poor workers fair wage
bankers stole GDP cake
leaving workers no crumbs
workers no rights to equality
no jobs future esteem utopia
no green policy
15% gain employment
2% of GNP equals
15% employment gain
2% less than bankers got
tax payers pay out banks
tax payers pay out privilege bank jobs
teachers nurses care givers sliced up
British pay cuts tightened target belts
GDP (abbreviation of) gross domestic product
poem by Terence George Craddock
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I don't think anyone sets out to malign poor people but certainly that's what we do through organizations such as the World Trade Organization, the World Bank and the International Monetary Fund.
quote by Bob Geldof
Submitted by Lucian Velea
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America The Land Of The Free
America the land of the free.
The land of the free?
America has the highest
imprisonment
rate in the world not
just in the free world
in the entire world!
America number one
imprisonment double most contenders!
Imprison ethnic poor
imprison your citizens
double above most
imprisonment nations!
America the land of the lie
the land where dreams are sold!
The country devoting most
money into building prisons
massive state penitentiary!
A country delighting in
convictions for serious crimes!
Did you ever think
it might be cheaper?
it might be a better?
system to spent
more on health care
education crime
prevention!
America the land
that can provide
outlet liquor store
outlet gun store
within all worst
crack crime urban
areas because
we all know
alcohol guns
readily available to minors
gangs desperate people is the best
crime prevention policy in
America the land of the free?
Requested posting.
poem by Terence George Craddock
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America's workers face a battle for their jobs. They are the finest workers in the world. American workers grow, harvest, and mine some of the world's highest quality and most plentiful raw materials.
European Union Austerity Measures Inflicted On Greece
an interesting development...
an online censor clerk,
has learned, an innovative, art
a strategic censorship perk
instead of banning...
problematic whole book,
article, poem, attacking
austerity measures
a strategic strike intriguing...
a crafty innovative hook,
just delete, fine tune, targeting
precisely, paragraph, paragraphs
referencing offending...
sponsorship bankers bank,
austerity, measures, mince meating
Greece, Greek, citizens
a lie shrouded adjustment...
offered by Germany her allies,
austerity, leads to, internal deflation repeat
Greece, will regain, competitiveness
proposed solution a no-brainer neat...
suppose miraculously austerity succeeds,
actually, could deliver, deflation sweet
growth, nominal GDP suppressed, decreases
turns negative burden of debt...
will increase reducing Greek wages,
relative, to Germany, in prime position seat
Greece, has sacrificed made, 'progress':
private-sector wages fell 5.4%...
in the third quarter of 2011,
from, a happier, year earlier 12%
since, peak first quarter, of 2010
leaked European Commission report...
called for nominal wages in business,
economy, to be reduced, by a further 15%
during,2012-2014, exploitation finesse
will Germany accept...
undesired price of inflation,
for stability, political, benefit
of keeping, intact, pet eurozone?
upside inflation will to start...
with make happy Germans,
their wages, rise, right smart
inflation, adjusted, sensations
positives but ECB monetary policy strict...
catering to prime German desires,
for low, German inflation, verdict
put out, threat undesired inflation, fires
Merkel moved to counteract...
ECB monetary policy which might,
stoke, inflation, in Germany
cementing, certain, impossibility
of an economic recovery...
for struggling EU countries policy,
eurozone, adjustment, locked out by Germany
economic, hardship, elsewhere in the currency
block actually...
suits Germanys' export-oriented economy,
it causes, the euro, to depreciate
makes, German exports, cheaper competitive hot
Germany's unemployment...
continues downward trend to record lows,
German, select, financial institutions
scooped, the lion's, share tenderloin slices
more than 80 percent...
of Greek rescue package goes to creditors,
a huge, chuck, to hyena stalking banks
outside Greece, the ECB, takes choice slices
billions of taxpayer euros are not...
saving Greece their purpose saving banks,
shifting, liabilities, from European banks
to fleeced, targeted, European taxpayers
staggering slaughter public debt...
Greece owes foreign governments,
including, debt, to EU/IMF loan facilities
debt, through, manipulated eurosystems
increased by €130 bn...
from €47.8 bn to €180.5 billion,
between, January,2010 and September 2011
brutal, severity austerity, measures in European Union
imposed on Greece by boots German...
French leadership of European Union,
importance, of honouring people, individuals nation
treating people, with humility respect, compassion
is a lesson...
sadly not learned by evil men,
women, who prey, upon the divine
breath, heartbeats, dreams of a working class citizen
poem by Terence George Craddock
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What Is Mammon?
Mammon is
riches
personified
as evil
or wealth
regarded
as a God
or an evil
influence.
Observe the worshippers
of wealth on Wall Street
washing hands in rivers
of wealth bled tribute money.
Praises sung to Babylon
the Great in haughty pride.
Great luxury is this palace
of immorality poured funds.
All those poor prostituted
bodies minds worldwide?
International Monetary Fund
dictates crops sown slave
wages sown in third world
newly termed developing...
symbolic of developing
western greed leeched
from veins of illiterate
workers oppressed exploited...
blood diamonds sparkle
on the hands about the necks
of their paid for women
wealth riches considered
an evil corrupt influence
Hollywood is mammonism
not your precious mother?
Mammon
an incarnate evil
dressed in bodily form
dressed as epitome of fashion
while number crunchers
noisily busily munch
devising new ways
to sell workers into early grave
Mammon is
riches
personified
as evil
or wealth
regarded
as a God
or an evil
influence.
poem by Terence George Craddock
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My version of Ginsberg's America.
Against the filthy politics found in America and against the actions of it's dispicable governments.
America tell Coloumbus to fook off, take his smallpox and Capitalism with him.
America, you've swallowed your national mythology like pancakes and syrup.
America, Land where eugenics was tried
America, Land where the native americans cried
America, Land where warmongering thrives
America, you think you're the world police.
America, you were duped by a Christian to believe he's the prince of peace and now a black man convinces you the same.
America, your obsession with religion is insane.
America, I hope your guilt drives you to suicide, having to stare into the eyes of the children of Hiroshima and Nagasaki.
America, I hope the masterminds of the Manhattan Project are suffering like they should.
America, your dream is as fake as Hollywood.
America, what the hell happened in Zuccotti Park?
America, you actually have a exhibition dedicated to Noah's ark?
America, where is this democracy you're trying to spread?
America, why won't you let the poor be fed?
America, you lead the west in destroying the world and waging war.
America land of MKULTRA and CO-INTELPRO
America land of Glenn beck, Neo-cons, where gay marriage is a 'no no'.
America, you're no city on the hill.
America, you're the home of the corporate shill.
America, you're oil addiction has make the globe ill.
America, your tv channels still project cold war closed minds.
America, how is it that slaves built the white house?
America, what exactly did you mean by 'All men are born free and equal'? Terms and conditions apply?
America, what are you doing to right past wrongs?
America, where's your concern for the Navajo?
America, I would've fought with Geronimo.
America, I think you've forgotten the Treaty of Fort Laramie.
America, Pay back in blood those killed at Wounded Knee.
America, you lied about Pine Ridge and the FBI really killed Annie Mae.
America, massacring to the tune of a million dollars to catch a single man.
America, which small country will you invade next? America, I can see your eyeing up Iran.
America, You wouldn't want what happened in Diego Garcia to happen to you.
America you know a thing or two about Coup
America Bikini Atoll is still ailing.
America, Love Canal is ruined.
America, I love the Wobblies.
America, The city of Chicago can built statues but it really just needs to apologize.
America, you've poisioned us all.
America, Land of Bush, of agent orange and Monsanto
America, Trainers of the Taliban, guards of Guantanamo
America, Land where the poor are shushed
America, Land where environmental decay is pushed
America, Land where they pollute the air
America, Invade the world and don't seem to care.
America, Land where the Mexican hides in slums for a meagre sum.
America, Land where they strung up blacks for fun
America, Land where they worship the Gun.
America.
America, Land of government without dignity
America, Home of Jefferson's slave, Blackwater's crime,
The Red Scare
And Gulf of Mexico Oil slick slime.
America.
poem by Scott Forster
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Let America be America Again
Let America be America again.
Let it be the dream it used to be.
Let it be the pioneer on the plain
Seeking a home where he himself is free.
(America never was America to me.)
Let America be the dream the dreamers dreamed--
Let it be that great strong land of love
Where never kings connive nor tyrants scheme
That any man be crushed by one above.
(It never was America to me.)
O, let my land be a land where Liberty
Is crowned with no false patriotic wreath,
But opportunity is real, and life is free,
Equality is in the air we breathe.
(There's never been equality for me,
Nor freedom in this "homeland of the free.")
Say, who are you that mumbles in the dark?
And who are you that draws your veil across the stars?
I am the poor white, fooled and pushed apart,
I am the Negro bearing slavery's scars.
I am the red man driven from the land,
I am the immigrant clutching the hope I seek--
And finding only the same old stupid plan
Of dog eat dog, of mighty crush the weak.
I am the young man, full of strength and hope,
Tangled in that ancient endless chain
Of profit, power, gain, of grab the land!
Of grab the gold! Of grab the ways of satisfying need!
Of work the men! Of take the pay!
Of owning everything for one's own greed!
I am the farmer, bondsman to the soil.
I am the worker sold to the machine.
I am the Negro, servant to you all.
I am the people, humble, hungry, mean--
Hungry yet today despite the dream.
Beaten yet today--O, Pioneers!
I am the man who never got ahead,
The poorest worker bartered through the years.
Yet I'm the one who dreamt our basic dream
In the Old World while still a serf of kings,
Who dreamt a dream so strong, so brave, so true,
That even yet its mighty daring sings
In every brick and stone, in every furrow turned
That's made America the land it has become.
O, I'm the man who sailed those early seas
In search of what I meant to be my home--
For I'm the one who left dark Ireland's shore,
And Poland's plain, and England's grassy lea,
And torn from Black Africa's strand I came
To build a "homeland of the free."
The free?
Who said the free? Not me?
Surely not me? The millions on relief today?
The millions shot down when we strike?
The millions who have nothing for our pay?
For all the dreams we've dreamed
And all the songs we've sung
And all the hopes we've held
And all the flags we've hung,
The millions who have nothing for our pay--
Except the dream that's almost dead today.
O, let America be America again--
The land that never has been yet--
And yet must be--the land where every man is free.
The land that's mine--the poor man's, Indian's, Negro's, ME--
Who made America,
Whose sweat and blood, whose faith and pain,
Whose hand at the foundry, whose plow in the rain,
Must bring back our mighty dream again.
Sure, call me any ugly name you choose--
The steel of freedom does not stain.
From those who live like leeches on the people's lives,
We must take back our land again,
America!
O, yes,
I say it plain,
America never was America to me,
And yet I swear this oath--
America will be!
Out of the rack and ruin of our gangster death,
The rape and rot of graft, and stealth, and lies,
We, the people, must redeem
The land, the mines, the plants, the rivers.
The mountains and the endless plain--
All, all the stretch of these great green states--
And make America again!
poem by Langston Hughes
Submitted by Poetry Lover
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One of the great mistakes is to judge policies and programs by their intentions rather than their results.
quote by Milton Friedman
Submitted by Veronica Serbanoiu
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To Those Who Concern
Migrant workers from developing Third World
Move to developed countries for all sorts of work
They may be professionals or just basic workers
Trying to fill their pockets a little much tighter.
Their employers hire them instead of their own country men
Because they are the cheaper and more hard working ones
They don't understand workers' right and things like that
And work and work and collect their wages intact
The wages basic workers get are quite pathetic and petty
It barely is enough for them to send money back to their families
But for professionals the sum is quite attractive indeed
They can save and send money back to their families in need
These remittent money, says the governments of Third World
Boost their GDPs and increase their economic power overall
But that money, if huge enough, can increase the demand of commodities and land
And raises the prices in those Third World countries of concern
This is a problem for those who are trapped inside
With no family members abroad and self-ability to flight
They work hopelessly and barely survive for less than a dollar a day
Until their minds are exhausted and their body slowly decay
poem by Henry Chen
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A Pack Of Lies
That from hard work and endeavour up the social rank you will rise
To me anyhow does seem a pack of lies
'Tis just an old cliche that and nothing more
That some like to quote and we have heard before.
Even in so called prosperous Countries today
Some of the hardest working people work for survival pay
Many honest and willing workers living in poverty
Life for them seems unfair that's how 'twould seem to me.
Many of who on the theory of hard work believe
Say if you do not work hard from life you cannot receive
Yet many of the billionaires of mining and property development and oil
Have never experienced the hardship of toil.
Just an antiquated cliche it does seem indeed
That those who work hardest in life do succeed
The underpaid workers create many a billionaire
For millions around the World life does seem unfair.
I know of an old bloke who has worked hard in his working life
And he struggled for to pay for the funeral of his wife
Just one more poor hard worker his type are everywhere
There are millions of them in the big World out there.
poem by Francis Duggan
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Death Of The Middle Class
Oligarchs and Banksters tighten financial screws
In a bold attempt to kill the global Middle Class
Heads of State unable/unwilling to halt this ruse
The “Great Depression of 1929” we soon surpass
ROTMS
By Andrew Gavin Marshall - Global Research
We now stand at the edge of the global financial abyss of a ‘Great Global Debt Depression, ’ where nations, mired in extreme debt, are beginning to implement ‘fiscal austerity’ measures to reduce their deficits, which will ultimately result in systematic global social genocide, as the middle classes vanish and the social foundations upon which our nations rest are swept away. How did we get here? Who brought us here? Where is this road leading? These are questions I will briefly attempt to answer.
At the heart of the global political economy is the central banking system. Central banks are responsible for printing a nation’s currency and setting interest rates, thus determining the value of the currency. This should no doubt be the prerogative of a national government, however, central banks are of a particularly deceptive nature, in which while being imbued with governmental authority, they are in fact privately owned by the world’s major global banks, and are thus profit-seeking institutions. How do central banks make a profit? The answer is simple: how do all banks make a profit? Interest on debt. Loans are made, interest rates are set, and profits are made. It is a system of debt, imperial economics at its finest.
In the United States, President Woodrow Wilson signed the Federal Reserve Act in 1913, creating the Federal Reserve System, with the Board located in Washington, appointed by the President, but where true power rested in the 12 regional banks, most notably among them, the Federal Reserve Bank of New York. The regional Fed banks were private banks, owned in shares by the major banks in each region, which elected the board members to represent them, and who would then share power with the Federal Reserve Board in Washington.
In the early 1920s, the Council on Foreign Relations was formed in the United States as the premier foreign policy think tank, dominated by powerful banking interests. In 1930, the Bank for International Settlements (BIS) was created to manage German reparations payments, but it also had another role, which was much less known, but much more significant. It was to act as a “coordinator of the operations of central banks around the world.” Essentially, it is the central bank for the world’s central banks, whose operations are kept ‘strictly confidential.’ As historian Carroll Quigley wrote:
'The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations.'
In 1954, the Bilderberg Group was formed as a secretive global think tank, comprising intellectual, financial, corporate, political, military and media elites from Western Europe and North America, with prominent bankers such as David Rockefeller, as well as European royalty, such as the Dutch royal family, who are the largest shareholders in Royal Dutch Shell, whose CEO attends every meeting. This group of roughly 130 elites meets every year in secret to discuss and debate global affairs, and to set general goals and undertake broad agendas at various meetings. The group was initially formed to promote European integration. The 1956 meeting discussed European integration and a common currency. In fact, the current Chairman of the Bilderberg Group told European media last year that the euro was debated at the Bilderberg Group.
In 1973, David Rockefeller, Chairman and CEO of Chase Manhattan Bank, Chairman of the Council on Foreign Relations and a member of the Steering Committee of the Blderberg Group, formed the Trilateral Commission with CFR academic Zbigniew Brzezinski. That same year, the oil price shocks created a wealth of oil money, which was discussed at that years Bilderberg meeting 5 months prior to the oil shocks, and the money was funneled through western banks, which loaned it to ‘third world’ nations desperately in need of loans to finance industrialization.
When Jimmy Carter became President in 1977, he appointed over two dozen members of the Trilateral Commission into his cabinet, including himself, and of course, Zbigniew Brzezinski, who was his National Security Adviser. In 1979, Carter appointed David Rockefeller’s former aide and friend, Paul Volcker, who had held various positions at the Federal Reserve Bank of New York and the U.S. Treasury Department, and who also happened to be a member of the Trilateral Commission, as Chairman of the Federal Reserve. When another oil shock took place in 1979, Volcker decided to raise interest rates from 2% in the late 70s, to 18% in the early 80s. The effect this had was that the countries of the developing world suddenly had to pay enormous interest on their loans, and in 1982, Mexico announced it could no longer afford to pay its interest, and it defaulted on its debt, which set off the 1980s debt crisis – collapsing nations in debt across Latin America, Africa and parts of Asia.
It was the IMF and the World Bank came to the ‘assistance’ of the Third World with their ‘structural adjustment programs’, which forced countries seeking assistance to privatize all state owned industries and resources, devalue their currencies, liberalize their economies, dismantle health, education and social services; ultimately resulting in the re-colonization of the ‘Third World’ as Western corporations and banks bought all their assets and resources, and ultimately created the conditions of social genocide, with the spread of mass poverty, and the emergence of corrupt national elites who were subservient to the interests of Western elites. The people in these nations would protest, riot and rebel, and the states would clamp down with the police and military.
In the West, corporations and banks saw rapid, record-breaking profits. This was the era in which the term ‘globalization’ emerged. While profits soared, wages for people in the West did not. Thus, to consume in an economy in which prices were rising, people had to go into debt. This is why this era marked the rise of credit cards fueling consumption, and the middle class became a class based entirely on debt.
In the 1990s, the ‘new world order’ was born, with America ruling the global economy, free trade agreements began integrating regional and global markets for the benefit of global banks and corporations, and speculation dominated the economy.
The global economic crisis arose as a result of decades of global imperialism – known recently as ‘globalization’ – and the reckless growth of– speculation, derivatives and an explosion of debt. As the economic crisis spread, nations of the world, particularly the United States, bailed out the major banks (which should have been made to fail and crumble under their own corruption and greed) , and now the West has essentially privatized profits for the banks, and socialized the risk. In other words, the nations bought the debt from the banks, and now the people have to pay for it. The people, however, are immersed in their own personal debt to such degrees that today, the average Canadian is $39,000 in debt, and students are graduating into a jobless market with tens to hundreds of thousands of dollars of student debt that they will never repay. Hence, we are now faced with a global debt crisis.
To manage the economic crisis, the G20 was established as the major international forum for cooperation among the 20 major economies of the world, including the major developing – or emerging – economies, such as India, Brazil, South Africa and China. At the onset of the financial crisis, China and Russia’s central banks began calling for the establishment of a global currency to replace the U.S. dollar as the world reserve currency. This proposal was backed by the UN and the IMF. It should be noted, however, that the Chinese and Russian central banks cooperate with the Western central banks through the Bank for International Settlements – which the President of the European Central Bank, Jean-Claude Trichet, recently said was the principle forum for “governance of central bank cooperation” and that the G20 is “the prime group for global economic governance.” In 2009, the IMF stated that the BIS “is the central and the oldest focal point for coordination of global governance arrangements.” The President of the European Union, appointed to the position after attending a Bilderberg meeting, declared 2009 as the “first year of global governance.” The 2009 Bilderberg meeting reported on the desire to create a global treasury, or global central bank, to manage the world economy. In 2009, prior to the Bilderberg meeting in fact, the G20 set in motion plans to make the IMF a global central bank of sorts, issuing and even printing its own currency – called Special Drawing Rights (SDRs) – which is valued against a basket of currencies. In May of 2010, the IMF Managing Director stated that “crisis is an opportunity, ” and while Special Drawing Rights are a step in the right direction, ultimately what is needed is “a new global currency issued by a global central bank, with robust governance and institutional features.” Thus, we see the emergence of a process towards the formation of a global central bank and a global currency, totally unaccountable to any nation or people, and totally controlled by global banking interests.
In 2010, Greece was plunged into a debt crisis, a crisis which is now spreading across Europe, to the U.K. and eventually to Japan and the United States. If we look at Greece, we see the nature of the global debt crisis. The debt is owed to major European and American banks. To pay the interest on the debt, Greece had to get a loan from the European Central Bank and the IMF, which forced the country to impose ‘fiscal austerity’ measures as a condition for the loans, pressuring Greece to commit social genocide. Meanwhile, the major banks of America and Europe speculate against the Greek debt, further plunging the country into economic and social crisis. The loan is granted, to pay the interest, yet simply has the effect of adding to the overall debt, as a new loan is new debt. Thus, Greece is caught in the same debt trap that re-colonized the Third World.
At the recent G20 meeting in Toronto, the major nations of the world agreed to impose fiscal austerity – or in other words, commit social genocide – within their nations, in a veritable global structural adjustment program. So now we will see the beginnings of the Great Global Debt Depression, in which major western and global nations cut social spending, create mass unemployment by dismantling health, education, and social services. Further, state infrastructure – such as roads, bridges, airports, ports, railways, prisons, hospitals, electric transmission lines and water – will be privatized, so that global corporations and banks will own the entirely of national assets. Simultaneously, of course, taxes will be raised dramatically to levels never before seen. The BIS said that interest rates should rise at the same time, meaning that interest payments on debt will dramatically increase at both the national and individual level, forcing governments to turn to the IMF for loans – likely in the form of its new global reserve currency – to simply pay the interest, and will thus be absorbing more debt. Simultaneously, of course, the middle class will in effect have its debts called in, and since the middle class exists only as an illusion, the illusion will vanish.
Already, towns, cities, and states across America are resorting to drastic actions to reduce their debts, such as closing fire stations, scaling back trash collection, turning off street lights, ending bus services and public transportation, cutting back on library hours or closing them altogether, school districts cutting down the school day, week or year. Simultaneously, this is occurring with a dramatic increase in the rate of privatizations or “public-private partnerships” in which even libraries are being privatized.
No wonder then, that this month, the Managing Director of the IMF warned that America and Europe, in the midst of the worst jobs crisis since the Great Depression, face an “explosion of social unrest.” Just yesterday, Europe experienced a wave of mass protests and social unrest in opposition to ‘austerity measures’, with a general strike in Spain involving millions of people, and a march on the EU headquarters in Brussels of nearly 100,000 people. As social unrest spreads, governments will likely react – as we saw in the case of the G20 in Toronto – with oppressive police state measures. Here, we see the true relevance of the emergence of ‘Homeland Security States’, designed not to protect people from terrorists, but to protect the powerful from the people.
So while things have never seemed quite so bleak, there is a dim and growing beacon of hope, in what Zbigniew Brzezinski has termed as the greatest threat to elite interests everywhere – the ‘global political awakening’. The global political awakening is representative of the fact that for the first time in all of human history, mankind is politically awakened and stirring, activated and aware, and that generally – as Zbigniew Brzezinski explains – generally is aware of global inequalities, exploitation, and disrespect. This awakening is largely the result of the information revolution – thus revealing the contradictory nature of the globalization project – as while it globalizes power and oppression, so too does it globalize awareness and opposition. This awakening is the greatest threat to entrenched elite interests everywhere. The awakening, while having taken root in the global south – already long subjected to exploitation and devastation – is now stirring in the west, and will grow as the economy crumbles. As the middle classes realize their consumption was an illusion of wealth, they will seek answers and demand true change, not the Wall Street packaged ‘brand-name’ change of Obama Inc., but true, inspired, and empowering change.
In 1967, Martin Luther King delivered a speech in which he spoke out against the Vietnam War and the American empire, and he stated that, “It seems as if we are on the wrong side of a world revolution.” So now it seems to me that the time has come for that to change.
Andrew Gavin Marshall is a Research Associate with the Centre for Research on Globalization (CRG) .
poem by Ray Lucero
Submitted by Poetry Lover
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Low unemployment numbers are clear indicators that Republican tax relief and economic policies are spurring growth and helping businesses hire new workers while providing American families with job security.
quote by J.D. Hayworth
Submitted by Lucian Velea
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Dictatorships Exclusive
dictatorships
pyramid exclusive privilege
restricted rights
restricted benefits
streamlined American debt
states are bankrupt?
good common citizens
ordinary noble Americans
pay debt in sold skins
George W Bush
robbed American poor
who had to pay taxes
exempted wealth all
his buddy mega rich mates
who as his supporters
fund contributors
were apex tax exempt
paid no tax at all?
for a haven period
of several years
Barak reinstated
mega rich prime privilege
Barak Hussein Obama stepped
up illegal foreign wars
lied publicly because never closed
Guantanamo Bay as promised
bought troops home as promised
costly invasion inflation wars
crank up American blood debt
costly drone buzz missiles hit
over a million American
homes lost homes homes
the poor the middle class
suffer while wall street fraud
top bankers who were guilty
of mismanagement were bailed
out with tax payer dollars
again the fleeced poor paid
for errors of banker policy
rich and when poor protest
will they be swiftly beaten
down if dare march protest?
Say No To Torture?
Say No To Gitmo?
Say No To Barack?
Say No To Foreign Wars?
Say yes to bring home troops?
Say yes to American factories?
Say yes to fair taxes our homes?
poem by Terence George Craddock
Submitted by Poetry Lover
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Overthrow The Status Quo
the greatest terror threat
on American soil lies
in the daily workings
of Wall Street and 'corporate America'
against the common people!
the greatest threat to freedom,
our own government!
the worst drug on the streets
is the lie they perpetuate,
backed by mainstream media.
the worst sin disguised
under 'organized religion'...
the worst slap in the face
to the American worker...
NAFTA!
the best thing that can happen...
workers, men and women,
taking back our dignity!
poem by Eric Cockrell
Submitted by Poetry Lover
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