Posts Tagged ‘Capitalism’

If you’re like most people in the United States, you’re working 60 or more hours a week and taking home less spending power.  In addition to the past decade of wage stagnation or reduction, prices of goods and services necessary to sustain life have continued rising.  Although the US inflation rate is under 2%, consumers’ ability to purchase has decreased over time specifically because of what is now called “quantative easing”.  That’s where the Federal Reserve prints money and lends it to banks for them to decide whether or not to lend it to business and individuals.  This injection of money into the system is intended to stimulate the economy to return to prosperity.  When the money is used for long term investment, reinvigorating enthusiasm and hope, this process can indeed be like a shot of adrenalin to a shock victim.

The reason we can print unlimited supply of dollars is because we no longer use gold or other uniform standard by which to establish value.  It’s like pledging a drawing of your home as collateral for the loan.  The drawing, while looking good on paper, is worth what the holder thinks its worth.  If you happen to be a famous artist, you can command big bucks for throwing paint on a canvass.  But if you are like most of us, no matter how talented you are, after two weeks on the fridge, the drawing of your house is fit for the recycle bin.  This is called the fiat money system.

I saw a music video that sums it up nicely on YouTube.

It’s time to rethink what kind of world we are creating.

There is a lot going wrong with the world today.  It is a make-or-break time in human history.  We can choose to keep believing in the American Dream with capitalism as its engine or we can look around and see it isn’t working because of one deadly sin:  Greed.  It is the responsibility of every corporation to increase shareholder wealth, at any cost.  Destroying the planet and human life is called collateral damage and tolerated as long as it costs fewer dollars.

Today’s pink slips are no longer due to insufficient volume requirements.  Employees are called upon to work longer hours, completing the work of those laid off.  Now companies terminate employees for short-term profit, making Wall Street smile.  Those left behind endure unreasonable expectations so they eliminate all “unessential” steps.  Unfortunately, the only “essential” step in business is one that immediately demonstrates revenue, regardless of quality or ethics.   When uncertainty and fear permeate the masses, decisions made by the people who comprise corporate America are directed toward self preservation, and hording becomes the norm.  Corporations reap huge profit and save, rather than invest at a time of market transformation; further eroding the foundation upon which our society is based.

Now that America, the poster child for capitalism has splatters of innocent citizen blood, the reputation celebrating democracy and capitalism is tainted.  After being exploited since the Industrial Revolution, those who developed technology, innovation and workmanship are more expensive than labor people in developing nations.  Outsourcing is the only rational decision any business executive can make because his job is to increase share holder wealth at any cost.  People’s lives are destroyed as their ability to food and shelter evaporates.  Life, liberty and pursuit of happiness, cornerstones of the country, are guaranteed … according to your ability to pay.

This degree of corruption is unfathomable for a freely elected government.  Conventional wisdom suggests offenders would be exposed voted out of office.  But that isn’t the norm.  Instead, government officials that successfully keep constituents in enough fear to surrender liberties get polished by the political establishment and supported in an unimaginable web of deception.  Capitalism is supposed to reward the highest value to society but instead, bestows financial manna to whoever can market it best and make it cheapest.  In a demonic dance, corporate and government mingle until their minds are as one, focused on control of resources by the elite.  It is sad to add that the masses are considered elite resources to be controlled.

Centrally owned media fills the air waves with mentally addictive formats to establish various elite-sponsored perspectives, giving an illusion of creative thought and self-governance.  Corporations spend as much money as necessary to support specific political campaigns through elaborate marketing strategies designed to fool the public into believing government officials work for us.  Exercising voting rights is like being asked to choose which convicted sex offender to hire as your nanny.  It’s a very bad joke by the elite at the expense of the masses.

About 40 years ago, the United States Corporation abandoned the gold standard of money.  Like a credit card, fiat money can be used wisely in an investment for long-term productive reasons – as long as the balance can be paid off at a reasonable rate of interest.  Unfortunately, with the questionable practice of the Federal Reserve, a private/pseudo governmental agency, printing fiat dollars and lending them to banks, combined with fractional banking, lending many times more dollars than they have in deposits, there will never be enough money in circulation to pay off even the interest, much less the principle.  This is called a debt-based currency.

Our fiat system of money has been an open credit card for the wealthy and influential interests of the world.  They took us off the farms with self-sufficient life styles to make them richer, creating a dependent on corporate America to earn our daily bread.  As reward for our success, millions of once productive members of society fall toward poverty through unemployment while everyone else works at least full-time and a half, just to scrape by.

This is not an American problem alone.  The world money supply is based on the American dollar.  Unemployment, famine, disease and homelessness encroach upon an ever increasing mass of people all over the earth.  People are organizing against injustice, peacefully demonstrating in large numbers at government and businesses around the world.  The good news is that there are more of us than there are of them.  We still have a voice and we’re raising it in unity with diverse and distant people across the globe.  Our hope is in the numbers.

If you work harder and longer for less, look at the unemployed and see your future.  Will it be in 5 years, 5 months or 5 days?  I don’t know.  But if you think you’re immune, you’re probably not.  Skills, experience and education mean nothing when your industry gets flushed.  Or a computer program you designed to make yourself more productive is operated by a clerk you hired and then you get the axe.  After 6 months or a year of diligent job searching, your next best thing might be at 50% of your former wage.  Governments also reduce their workforce as more and more people require services.  But that’s okay because funding to feed the hungry, house the homeless and provide medical care for the unfortunate is vanishing anyway.  Just about no one is “safe” from the economic collapse.  Any perceived financial stability you have is a mirage.

If you work harder for less, look around and see how many other people are feeling the same way.  Then look at those people whose job you’re doing to make your company rich and realize the unemployed people are not to blame for your suffering.  They are early collateral damage in the middle class meltdown.  Fiat money is the vehicle used to transport your investment dollars and work hours into the pockets of very rich.

You can either read this and say “they can take care of themselves or die” because you’re already busting your tail just to lose ground or you can consider yourself fortunate, do your own research about demonstrations, petitions, legislation, wars, etc. and join with others taking action to make the world better for everyone.

I watched the arguments about growing debt and heard rantings demanding individual responsibility as the Congress failed to extend unemployment benefits and completely ignore those out of work more than 99 weeks (aka 99ers).  As they reject bills to refrain from financially rewarding big corporations to outsource jobs, permit big money to influence results of elections and insist extending unpaid tax cuts to the few will create jobs, I shook my head in disbelief.  I’m not an economist but if tax cuts to the rich is good for our economy, wouldn’t we be in better shape after 10 years?

Over the past few years, my US Congressional offices have heard from me often.  They don’t respond to my questions except to send generic form letters about the general subject of concern.  So I thought I’d take a different tact.  The letter below is what I sent.  Feel free to send a similar letter to your “representative government”.

 

Forget the Unemployment Extension

Go home without extending unemployment benefits.  Enjoy your Thanksgiving holiday knowing millions more families will suffer the financial and emotional hell of being evicted from their homes, food insecurity and premature death for lack of access to medical care as Congressional “servants” enjoy life time security with pensions and medical care.  Let them freeze to death as utilities are shut off for non payment.  Let them kill themselves and each other to aid in population reduction of redundant collateral.  Government doesn’t do anything to resolve the cause of massive unemployment.  Extending benefits just allows those receiving unemployment to remain complacent, grateful for the peanuts thrown to the starving masses.

Congress has ignored the plight of the 99ers so let’s add millions more to the misery.  Let Barack continue to discuss the officially unemployed and those who have given up looking, completely ignoring the millions more seeking work daily with no response.  They might use their extra time to research the ingrained corruption plaguing every institution of society.  Then perhaps they will be angry and frightened enough to fight for their lives.

Watch millions of families descend on Washington DC to protest the laws rewarding businesses for outsourcing, wasted debt created for endless war and secret projects, record profits and reserves held by business so they can buy Congressional favors and obscene executive salaries instead of employing Americans at reasonable wages.  Then Congress can pass some more symbolic legislation that industry predators draft.  Let every state be a “Right to Work (for slave wages)” corporation.  It won’t take too long before the middle class remembers the purpose of work is to live, not to contribute to and hasten its own extinction.

Go ahead and continue to allow a “global economy” to erode wages in the United States Corporation, of, by and for the elite.  Maybe people will start to question maritime law regulating business.  Go ahead and do some more “quantitative easing”, injecting hundreds of millions more valueless accounting entries to artificially inflate the stock market so that small investors can watch their retirement accounts evaporate again as powerful entities snatch up middle class illusions of wealth.  Go ahead and allow the (poverty-level) minimum wage be eliminated as corporate predators offer every job at straight commission or the slave-wages offered in China and India.  Desperate people will flock to those jobs, finding unethical ways to join the deception required for success in business.  The others, honest and compassionate people will soon realize they are working their lives away for less than it costs for basic food and shelter.  The division between the haves and have nots will increase exponentially.  But do it quickly so the masses will not be like boiling frogs, oblivious to the peril until they are cooked.

Please ignore the unemployment extension and allow 15 million families to understand that society doesn’t care if we live or die.  Surly you can continue to blame the rules or the other party in this shell game of government.  Let them realize once and for all that the American Dream is a LIE because capitalism necessarily punishes anyone who dare allow honesty and concern for the long term best interest of the client, company and planet.  Let the criminals destroying the economy get a way with a relatively small fine and the murders who intentionally sacrifice worker safety for profit free to violate humanity.  Help me open their eyes sooner rather than later that the government is designed to reward international bankers and their agents, liberty and freedom is a deceptive marketing ploy and that the will of the people has no sincere place constructing the laws of this nation.

Enjoy your holiday.

I’ve come to believe the creation of the United States was a great experiment in what would happen if elites convinced the common man he was free to choose, innovate and govern himself.  This understanding came from realizing I, a once active contributor to society, became redundant and obsolete.  I don’t believe that all of the sudden there is something wrong with me, even if that is what long-term unemployment is supposed to instill.  I know I’m not alone.  So let’s look at some history of the country and connect the dots.

Building the dream, there was an industrial revolution from 1820 – 1870, interrupted by a civil war over constitutionally guaranteed state sovereignty (marketed with human rights propaganda) from 1861 – 1865. As if by design, the nation fell into a long depression from 1873 – 1879, starving farmers off their land to work like slaves for elite factory owners. When the first depression ended, USA demonstrated to the world how freedom fostered innovation, technological advancement and prosperity for the common man … or so it seemed.

The Great Depression began in 1929. The “New Deal” seemed to be the solution, giving social safety nets like Social Security and Unemployment Compensation that rescued Americans from starvation and homelessness but also indebted the population to the government; secretly moving to a dance of deception with international bankers.

In 1932, the Norris-La Guardia Anti-Injunction Act was the first of many pro-union bills passed, reestablishing organized labor as a force with which to be reckoned, creating an environment that built a strong middle class. By 1945, the USA was recognized as a world power, emerging as the world leader after the Cold War with USSR.

Under the perception of superiority, the United States appears to have lead the world into a Fiat system of money in which the population exchanges goods and services for accounting entries based on paper money, not backed by anything of real value, invades and occupies countries, establishes governments under the guise of democracy and propagates capitalism as the means to wealth for the common man.

The link below shows how the unemployment rate in the US has changed over the past couple years. When you get to the map, click the arrow in the middle and watch how things change. It is incredible what “The Great Recession” has done to the unemployment rate that devastates the lives of hard working Americans.

Check out the 38 second video “The Decline: The Geography of a Recession“.  It is frightening.  There is no where to hide from unemployment.  The Federal Reserve, charged with maintaining employment through monetary policy has failed.  Instead of punishing those in charge, suggestions to eliminate that goal from the responsibilities of the Fed.  Instead of changing the laws that created a country where 10% of the workforce is left for dead, there is talk about eliminating the minimum wage so corporations can compete in the global market against countries with no employee protections or product standards.  Instead of correcting the trade deficits, mega-business profits at the expense of the American middle class.

What do you think about US being the poster child for capitalism and democracy?  How has this economic collapse affected you?  What will happen if this successfully spreads to the world?  How has it spread already.  I want to hear your story.  Is capitalism working for you?  If so, what advantage do you have over the 15 million unemployed people?  Are the unemployed really lazy, ignorant, stupid, unskilled, uneducated people that should be allowed to die preventable deaths?  If so, why?  When the Department of Labor claims there is 5 job seekers to every 1 job, even if college educated people flock to low-paid retail and service jobs, where will the other 4 work?    How can we regain our innovative edge when so many people are suffering?

As more people become divided along contrived religious, economic and political grounds, fracturing the masses like shattered glass, fear drives people to fight against themselves, begging the government for help.  But government is bought and paid for by unnamed donations driving hypnotic advertisements.  Negative advertising fuels the flames of destruction.  Slowly, patiently, the powers that (think they) be tighten the vice around the necks of the American public.  Unless the masses realize we, the people have allowed this to happen through our own complacency and inaction, we, the people will suffer shrinking life styles, erosion of liberty and watch the poverty grow exponentially.

When we, the people start realizing “grass roots” political movements by charismatic personalities are financed by powerful elites, we can ask ourselves why.  In capitalism, profit is the only motive.