Debt Rattle May 19 2014: European Democracy Is Roadkill

 

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  • #12997

    Jack Delano Young Negro farm laborer, Stem, North Carolina May 1940 There are two elections coming up this week that have the potential to shake up a
    [See the full post at: Debt Rattle May 19 2014: European Democracy Is Roadkill]

    #12999
    Raleigh
    Participant

    Ilargi – good writing. It’s a sad state of affairs in Europe, but throw a dart at a map, and it’s pretty much sad everywhere else too. It seems unelected tribunals are running things now, courts set up above our courts (as will happen with the Trans-Pacific Partnership and the Transatlantic Free Trade Agreement). If they can’t get their way with the peoples’ consent, they just go above them. Throw out a law here, make a new one there, wrap it all up in propaganda and – presto – everybody’s happy and united.

    It is truly scary what was done in Italy and Greece. I always felt secure that we had laws that would never be violated, and yet here we are getting rid of elected leaders in the so-called civilized world. They truly are upping their game and, as you said, no one is talking about it. “1984” just sort of creeps up on you, doesn’t it?

    Back in the old days these leaders would have died in an unfortunate airplane accident. What I find truly frightening is their brazenness. Right out in the open. Look at the speed with which they took Gaddafi out, with hardly an objection from anyone.

    There’s a bad moon on the rise.

    #13000
    Raleigh
    Participant

    “China is stockpiling oil for its strategic petroleum reserve at a record pace, intervening on a scale large enough to send a powerful pulse through the world crude market. […] “It’s very similar to what they have been doing with copper. Whenever it drops below $7,000 (a tonne), they see it as a buying opportunity. They do the same with agricultural commodities,” he said. China is putting a floor of sorts underneath the global oil market…”

    Could they be using this oil as collateral, just like they did with copper, gold and whatever else they were using? And they do the same with agricultural commodities? With China and the major banks stockpiling and hoarding commodities, using them for collateral, no wonder we’re paying such high prices for everything.

    #13002
    Jef Jelten
    Participant

    The Princeton university study shows conclusively how democracy in the US has been usurped by big money and Piketty’s book documents how capitalism as it is practiced concentrates wealth in a few hands. These two very important items have been presented to the American public and essentially spell out in bold type TAXATION WITHOUT REPRESENTATION yet nobody gives a damn.

    This is because everyone must go to work in the morning or they risk their ability to “earn a living” and if you can’t earn a living you earn a dying. They got us by the short hairs and their ain’t $#IT we can do about it.

    #13067
    Andrewp111
    Participant

    Don’t shed any tears for the sovereignty of EU States. The Money Power is one of the key pillars of sovereignty. When these States agreed to the Euro, they surrendered their sovereignty, and they were fully aware of what they were doing. Perhaps the Euro was sold to the gullible public in other terms, but so what. Politicians lie all the time. The fact that this surrender of sovereignty wasn’t noticed until there is a crisis is just too bad. The British had the good sense to stay out of the Euro, as they recognized it is “a burning building with no exits”. Of course, the British have other problems, including a likely breakup of their country when Scotland secedes to join the Euro.

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