Debt Rattle February 15 2015
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DPC Madison Street east from Fifth Avenue, Chicago Sep 1 1900 • ‘Finance Is The New Warfare’ Michael Hudson: Has the IMF Annexed Ukraine? (NC) • Ron P
[See the full post at: Debt Rattle February 15 2015]‘ “Get the foreigners out of there [Ukraine], get the Europeans out, the US out, get NATO out, and get the Russians out,” Paul said at the International Students for Liberty Conference in Washington on Friday. ‘
I’ll suggest that organization should be renamed “International Students For Free-Range Fantasy” – if they think any of those suggestions might actually be reasonable to hope for. It’s equally likely that the Ukraine’s future fiscal success will depend on developing their Grass Fed Cornish Pterodactyl production.
Michael Hudson speaks of Ukraine’s beautiful agricultural lands being up for sale (Monsanto is interested). Green Germany is going to allow fracking. Eastern Ukraine has some of the best fracking land. Follow the bouncing ball and you can see what the big money is interested in, and how their big money easily buys the politicians.
“Nobody should ever be allowed to own land in a foreign country. The land belongs to the people.” Agreed, but they get around this by allowing dual citizenship. You buy your way into a country, gain dual citizenship, buy up the land, force prices up, thereby forcing existing citizens out. That way poverty gets to trickle down.
The huge amounts of liquidity gushing around the world, caused by low rates and because the elites get first access to the money, is causing the destruction of the world – wars, degradation of land, lives left in poverty – and all for a buck, for the next campaign contribution.
Short-term thinking and gain causing long-term destruction.
“Killing Jobs Is Hard Work:
An Al Jazeera report by David Cay Johnston concludes that U.S.-based corporations held almost $7.9 trillion of liquid assets worldwide. That is more than double the yearly budget of the U.S. government.
The results are those familiar to all who are paying attention: Rising inequality and persistent economic stagnation as working people can no longer spend what they don’t have. Almost all of the gains in income are going to the top: From 2009 to 2012, 95 percent of all gains in income went to the top one percent. The “efficiency” that financiers demand is that ever larger cascades of money flow upward. How long will we allow this to go on?”
Hedge funds circling overhead (“wolf packs that grow ever hungrier”), demanding that companies pay ever-higher returns, is causing job loss and gutting companies.
https://www.counterpunch.org/2015/02/13/killing-jobs-is-hard-work-2/
Again, big money buys up politicians, the media, and we allow this to go on.
“The real ruler of Israel is one Sheldon Adelson, 81, American Jew, Casino king, who was rated as the world’s tenth richest person, worth 37.2 billion dollars at the latest count. But who is counting?
Besides his casinos in Las Vegas, Pennsylvania, Macao and Singapore, he owns the US Republican party and, lately, both Houses of the US Congress.
He also owns Binyamin Netanyahu. […]
For the next US presidential elections, Adelson has started early. He has summoned to his Las Vegas casino HQ all leading Republican candidates, to grill them on their allegiance to him – and to Netanyahu. Nobody dared to refuse the summons. Would a Roman senator refuse the summons of Caesar?”
Adelson hands out a free, daily newspaper in Israel which, of course, supports his man, Netanyahu. But the Knesset entered a bill outlawing free newspapers, which of course Netanyahu tried to stop, but almost half of his party members absented themselves from the vote. It seems they too are tired of big money running their country.
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