Select Page

Fast track to corporate hegemony

Fast track to corporate hegemony
By Mike Krauss
Posted May 2, 2015

corporate hegemonyThirty years ago I had my first experience of marketing for a corporation. I learned that the most often used word in marketing and advertising is “free.” I recall this lesson as I follow the debate on the “Trans Pacific Partnership” (TPP), which is being sold as a “free” trade agreement. “Free” sells.

What exactly is being sold in the TPP ? To answer that question, you need to read the fine print. But you can’t. TPP has been negotiated in almost total secrecy by a team of about 600 lawyers, working for the major trans-national corporations.

The text of the treaty has been classified as “Secret” by U.S. negotiators. Even members of Congress are not permitted access. The deal will be presented to Congress on a “fast track” — no opportunity for Congress to modify the details. One vote, yes or no on the entire treaty as presented — a done deal. More…

Our Financial Future: Infinite Greed Meets a Funny Thing Called Karma

Our Financial Future: Infinite Greed Meets a Funny Thing Called Karma
by Charles Hugh Smith
Posted May 1, 2015

who are they protecting?Somewhere along the line, we lost the ability to distinguish between earning a profit and maximizing private gain by any means, i.e. Infinite Greed. If you insist on making this distinction now, you anger a lot of people, as it blows the capitalist cover of Infinite Greed.

The distinction between earning a profit and maximizing private gain by any means angers not just the few benefiting from the useful delusion that Infinite Greed is simply profit on overdrive; it seems to anger everyone who believes the Status Quo of burning mountains of coal to power towel warmers, sitting in traffic burning petrol two hours a day and central banks enriching the already wealthy is not just sustainable but gol-darned good. More…

The Trans Pacific Partnership (TPP). Promoting Global Tyranny Run By Corporations

The Trans Pacific Partnership (TPP). Promoting Global Tyranny Run By Corporations
By Washington’s Blog
Posted April 27, 2015

are you ready for corporate rule?The powers-that-be are pushing this week to fast track a horrible treaty which would destroy America. The treaty is called the Trans Pacific Partnership (TPP).

The U.S. Trade Representative – the federal agency responsible for negotiating trade treaties – has said that the details of the TPP are classified due to “national security”.

Parts of the TPP won’t be declassified for four years … even if it’s passed. Why’s the deal being kept secret? Because it would be impossible to pass if the public knew what was really in it. Ron Kirk, until recently Mr. Obama’s top trade official, was remarkably candid about why he opposed making the text public: doing so, he suggested to Reuters, would raise such opposition that it could make the deal impossible to sign. But it’s not only being hidden from the American people … it’s being hidden even from most U.S.Congress members. More…

How Wall St Has Quietly Bilked Billions from Cities Across the US

How Wall St Has Quietly Bilked Billions from Cities Across the US
By Ed Walker
Posted April 23, 2015

water shgutoffs to pay bankersThe impact of these transactions on cities is horrifying. For example, the Detroit Water and Sewerage Department (DWSD) paid $547 million in termination fees to banks on its interest rate swaps in FY 2012. It has been estimated that more than 40 percent of Detroiters’ water bills now go toward paying down these termination fees. Fn. omitted.

In fiscal year 2013, Los Angeles paid $290 million in publicly-disclosed financial fees, while it cut services, including road repairs, by 19%. Other cities have similar horror stories.

The Obama Administration has completely ignored the plight of the citizens of these towns. From the outset Obama decided to help banks and creditors, the people who caused the Great Crash, and to ignore the staggering problems facing debtors. This became certain when the administration refused to support bankruptcy cramdown, one of the few steps that would have actually helped debtors, while inflicting losses on the lenders who made bad loans. More…

Trans-Pacific Partnership (TPP): Job Loss, Lower Wages and Higher Drug Prices

Trans-Pacific Partnership (TPP): Job Loss, Lower Wages and Higher Drug Prices
by Public Citizen
Posted April 22, 2015

ready for corporate personhoodHave you heard? The TPP is a massive, controversial “free trade” agreement currently being pushed by big corporations and negotiated behind closed doors by officials from the United States and 11 other countries – Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. Although it is called a “free trade” agreement, the TPP is not mainly about trade. Of TPP’s 29 draft chapters, only five deal with traditional trade issues. One chapter would provide incentives to offshore jobs to low-wage countries. Many would impose limits on government policies that we rely on in our daily lives for safe food, a clean environment, and more. Our domestic federal, state and local policies would be required to comply with TPP rules.

The TPP would even elevate individual foreign firms to equal status with sovereign nations, empowering them to privately enforce new rights and privileges, provided by the pact, by dragging governments to foreign tribunals to challenge public interest policies that they claim frustrate their expectations. The tribunals would be authorized to order taxpayer compensation to the foreign corporations for the “expected future profits” they surmise would be inhibited by the challenged policies. More…

This deal has been called “NAFTA On Steroids“. If you thought corporate personhood was bad, just wait until we have corporate nationhood.

One Last Look At The Real Economy Before It Implodes – Part 5

One Last Look At The Real Economy Before It Implodes – Part 5
by Brandon Smith
Posted April 19, 2015

economic collapse comingAt the level of international banking and monetary policy, there is absolutely NO indication of any legitimate conflict between the East and the West. Again, such battles are only theater for the masses. But what purpose does this theater serve?

The fake economic war between East and West provides cover and rationale for the true goal of the internationalists: the destruction of the dollar as the world reserve currency and the ascendency of the Special Drawinf Rights (SDR) global monetary system. The endgame of the bankers is, of course, global government. It has been the longtime dream of the Fabian socialists permeating the central banking universe. A global currency system and centralized economic management are first-step psychological weapons against the public. If the world operates on a singular currency mechanism and a singular economic authority, why not have a singular governmental system as well?

The elites are preparing for this event, and they are not content only to trigger it then sit back and watch it happen. They also hope to construct a new image for themselves as the prophets who tried to warn the world — the financial “sages” who would be our rescuers. More…

Wall Street’s Wealth Transfer System Is Imperiling the U.S. Economy

Wall Street’s Wealth Transfer System Is Imperiling the U.S. Economy
By Pam Martens
Posted April 18, 2015

Wall Street greedFor nine years now we have written about Wall Street’s institutionalized system of transferring wealth from decent, hardworking Americans to the denizens of Wall Street and those it selectively chooses to favor in the one percent class. The methods of wealth transfer are as diverse as they are diabolical, thus even well intentioned members of Congress cannot stem the havoc on the financial well being of the average American and the overall economy.

One facet that all of these wealth transfer systems have in common is that they all masquerade under a benign sounding name. The 401(k) plan is viewed by most Americans as a way to save for retirement. That’s a good thing – right? It is not a good thing when two-thirds of your savings over a working lifetime end up in Wall Street’s pocket, as carefully demonstrated by Frontline and math-checked by us. More…

How Wall Street Used Swaps to Get Rich at the Expense of Cities

How Wall Street Used Swaps to Get Rich at the Expense of Cities
by Ed Walker
Posted April 16, 2015

Wall Street comes before peopleThe Detroit Water and Sewerage Department (DWSD) paid $547 million in termination fees to banks on its interest rate swaps in FY 2012. It has been estimated that more than 40 percent of Detroiters’ water bills now go toward paying down these termination fees.

In fiscal year 2013, Los Angeles paid $290 million in publicly-disclosed financial fees, while it cut services, including road repairs, by 19%. Other cities have similar horror stories.

The Obama Administration has completely ignored the plight of the citizens of these towns. From the outset Obama decided to help banks and creditors, the people who caused the Great Crash, and to ignore the staggering problems facing debtors. This became certain when the administration refused to support bankruptcy cramdown, one of the few steps that would have actually helped debtors, while inflicting losses on the lenders who made bad loans. More…

The Six Too Big to Fail Banks in the U.S. Have 278 Trillion Dollars of Exposure to Derivatives

The Six Too Big to Fail Banks in the U.S. Have 278 Trillion Dollars of Exposure to Derivatives
By Michael Snyder
Posted April 15, 2015

another too big to failThe very same people that caused the last economic crisis have created a 278 TRILLION dollar derivatives time bomb that could go off at any moment. When this absolutely colossal bubble does implode, we are going to be faced with the worst economic crash in the history of the United States. During the last financial crisis, our politicians promised us that they would make sure that “too big to fail” would never be a problem again. Instead, as you will see below, those banks have actually gotten far larger since then. So now we really can’t afford for them to fail.

The six banks that I am talking about are JPMorgan Chase, Citibank, Goldman Sachs, Bank of America, Morgan Stanley and Wells Fargo. When you add up all of their exposure to derivatives, it comes to a grand total of more than 278 trillion dollars. But when you add up all of the assets of all six banks combined, it only comes to a grand total of about 9.8 trillion dollars. In other words, these “too big to fail” banks have exposure to derivatives that is more than 28 times greater than their total assets. This is complete and utter insanity, and yet nobody seems too alarmed about it. For the moment, those banks are still making lots of money and funding the campaigns of our most prominent politicians. Right now there is no incentive for them to stop their incredibly reckless gambling so they are just going to keep on doing it. More…

To wrap your mind around the figure of $278 Trillion, it is the same thing as 278 Million Billion dollars. The GDP of the entire planet is $70 Trillion.

Today’s Money Regimes Are Doomed To Failure

Today’s Money Regimes Are Doomed To Failure
by Charles Hugh Smith
Posted April 12, 2015

fiat money is doomedLet’s imagine that we have a $1 billion line of credit with our central bank at an interest rate of .25%–one-quarter of 1%. We don’t need to post any collateral, and the central bank has given us whispered assurances that should we lose the money in risky gambles, the losses will be made good by the taxpayers.

This is called moral hazard: the risks have been disconnected from the consequences.If we make a profit with the borrowed money, it’s ours to keep. If we lose the borrowed money, the taxpayers will foot the bill. It’s difficult to imagine a better deal: near-zero interest rate, no collateral, and no risk of having to suffer the consequences of losing the borrowed money. More…

End The Illusion Films
End The Illusion Blog
Into Other Realms
Into Other Realms
Once We Awaken

Electronic Frontier Foundation

Electronic Frontier Foundation
______________________________


Go to End The Illusion HOME PAGE

______________________________

Quotable Sayings

nothing can stop a determined soulThere is no chance, no destiny, no fate that can circumvent or hinder or control the firm resolve of a determined soul.

Ella Wheeler Wilcox

______________________________

billionaires don't EARN money, they MAKE money

You do not become a billionaire through labor. You become a billionaire through inheritance, corruption or economic rents – or, in most cases, some mixture of all three.

Grace Blakeley

______________________________

same puppet master pulling strings on both sides

Mainstream American liberals think they’re clear-eyed because they can see the propaganda strings being pulled by Fox and Donald Trump, and mainstream American conservatives think they’re clear-eyed because they can see the propaganda strings being pulled by MSNBC and the Democrats, but the propaganda strings on both trace back to the same puppet master. And seeing that is just the beginning.

Caitlin Johnstone

______________________________

discover your infinite worth

You alone are the judge of your worth and your goal is to discover infinite worth in yourself, no matter what anyone else thinks.

Deepak Chopra

_____________________________

main stream media propaganda

It is obvious that the US government is destroying Assange to signal to journalists the consequences of publishing information. It is therefore also obvious that any journalist who fails to use whatever platform they have to speak out against Assange’s persecution has no intention of ever publishing anything that the US government doesn’t want published. Their silence on or support for what is being done to this man can and should be taken as an admission that they are nothing other than state propagandists.

Caitlin Johnstone

_____________________________

Britian's Orwellian tactics against Julian Assange

It’s quite fitting that the – imperially pre-determined – judicial fate of Julian Assange is being played out in Britain, the home of George Orwell.

Pepe Escobar

_____________________________

More Quotable Sayings

_____________________________

How is it that we were taught to fear witches, rather than those burning them?

_____________________________

_____________________________
The Shocking Truth about Our Money System and How We Can Break Free!

.
Great story on why we need to remove ALL of our elected government representatives
This site is designed for people who wish to follow important events, but do not have time to do a lot of reading. If you follow this site for a period of time, the daily fresh stories in different categories will over time provide you with an understanding of the “big picture” by showing you both the problems and the solutions. Hopefully this will inspire you to listen to your inner wisdom and become part of the solution.