new direction for 2010

after a long hiatus from maintaining this site, i’ve come to the following conclusions:

1. the problem of the United States runs deeper than i had first thought. we are at the point of Financial Breakdown Crisis and Disintegration as a Nation.
2. we have been almost completely de-industrialized… i believe the US only has about 10 million industrial workers left… everything else has been outsourced and globalized. the only way out of this is re-industrialization and a New Deal/Marshall Plan for the US.  the private sector will never do it. this is the eternal truth of oligarchy.. it will always act in the interest of The Few.
3. the New York “Federal” Reserve owns the gov’t.  we must audit the Fed, clean out all of the trash, bring the crimes out of the shadows and into the public eye, re-nationalize it as the Bank of the United States, and issue credit for productive enterprise instead of paper speculation and derivatives.
4. both the Democratic and Republican parties are corrupt to the core… parties are obsolete..
5. the only way to move forward is to develop class consciousness along economic lines, NOT ethnic lines.  so long as one of us is poor, all of us suffer as a society.
6. agreements and policy must benefit The One (individual), The Few (minorities), and The Many (majority) for them to be sustainable… balancing these three eternal groups is the purpose of the US Constitution (this comes from Machiavelli, another figure much slandered thruout history… hence Machiavellianism)
7. anyone preaching Separatism or Violence is an agent provocateur and should be ignored… the larger the group we assemble in opposition the more likely we will have agitation by agents provocateur.  we must be ready for this so it gains no traction among us.
8. we cannot put the abstractions of money, the “free” market, the business cycle, the Austrian school, etc over the value of human lives, ending poverty, providing education and health care… we must raise the standard of living of everyone.
9. we must get rid of ideology in favor of high tech economic development.
10. we must put limits on bankers and financiers, financial speculators, asset strippers, etc and get back to Real Productive economy.
11. paper on paper gambling is parasitical to the Real Economy.
12. derivatives must be taxed out of existence with a 1% or greater Tobin Tax (consider this a sales tax on speculation)
13. the truth about “peak oil”, “global warming” and other Malthusian pseudo sciences must be exposed
14. insurance companies are some of the most destructive institutions in society

the policies we need to fix america are:

• return to Franklin Roosevelt’s New Deal
• Marshall Plan for the United States
• nationalize the Federal Reserve
• end the secret Wall Street Drug War
• end Imperialism in the Middle East in favor of Economic Development.
• force Israel/Palestine to come to a peace agreement beneficial to both parties
• end the new Cold War vs Russia and China
• abolition of NATO
• abolition of IMF/World Bank
• reinstatement of Glass-Steagall, separating banks from financial services and speculation forever.
• end of paper on paper transactions
• end of wars of conquest on whole planet
• exposure of Global Warming, Peak Oil, and any “austerity” policies as frauds
• breakup of private monopolies and trusts
• full investigation of Ford Foundation and its many tentacles
• Webster Tarpley’s economic reform program
• instant run-off voting
• crash program to cure ALL diseases
• crash program to build 200 new nuclear reactors
• crash program to re-instate NASA manned space program including development of Moon
• construction of 50,000 miles of high speed Mag-Lev trains
• institution into law of FDR’s Second Bill of Economic Rights
• development of hydrogen production from green technology
• conversion of sea water into H^2 for clean fuel
• conversion of petroleum infrastructure to clean, pollution-free H^2
• conversion of internal combustion engines to run H^2.  we dont need to completely redesign cars, we can convert existing vehicles to run H^2 cheaply
• revival of American School of Political economy (protective tariffs for US workers, gov’t investment in infrastructure programs, national bank for growth and development)
• end the Wall Street casino, zero-sum game economy
• building of new hospitals and schools.  healthy educated workers are our greatest wealth.
• development of US as a republic of equals and strong independent nation-state, free from outside influence of any kind…. political, economic, raw materials, etc.
• end of all adjustable-rate mortgages tied to LIBOR (london interbank lending rate)
• end of all foreclosures on primary homes.

I am going to start the fight to win our country back. please join me.

further reading

• http://en.wikipedia.org/wiki/Allegory_of_the_Cave
• http://en.wikipedia.org/wiki/Plato%27s_five_regimes#Oligarchy
• http://en.wikipedia.org/wiki/American_School_%28economics%29
• http://en.wikipedia.org/wiki/American_System_%28economic_plan%29
• http://en.wikipedia.org/wiki/New_Deal
• http://en.wikipedia.org/wiki/Second_Bill_of_Rights
• Webster Tarpley’s Economic Recovery Program
• http://tarpley.net/

Dylan Ratigan exposes class warfare of MSNBC Wall Street oligarchy

http://www.msnbc.msn.com/id/22425001/vp/32267543#32267543

IMO Ratigan is the only positive, progressive voice on TV right now… certainly the only one on MSNBC/the Brzezinski Channel.

Dylan Ratigan, where art thou?

I usually catch some of MSNBC’s Morning Joe a few times a week and I’ll check out the opening and closing shows on CNBC from time to time so I’m used to seeing Dylan Ratigan around.  I considered him to be one of the smarter talking heads on the business news programs.  Lately, I noticed him missing so i did a little digging…

video: Dylan Ratigan seals his fate on CNBC by speaking the truth and asking taboo questions

alt: http://media.cnbc.com/i/CNBC/components/Syndicated%20Video%20Player/videomodule.swf?id=1074021503&pcode=cnbcplayershare&play=&base=http://plus.cnbc.com/stickers/partners/cnbcplayershare/

Ratigan left (CNBC) on March 27, 2009. The New York Times reported he was considering all options but quoted him as saying he was dedicated to covering the economy, “the story that is affecting every American in every setting.”

Apparently, he’s waking up to the oligarchical nature of the US.  But wait, it gets better…

In Ratigan’s final CNBC broadcast from the floor of the NYSE he reported on what he called “an important story developing” that Goldman Sachs and “a variety of European banks”, in his assessment and that of his guests, essentially “perpetrated securities fraud” and an “insurance fraud scam” against AIG—and, by extension, the government and taxpayers funding that insurance company‘s “bailout”—by insuring their questionable investment vehicles and, upon their devaluation, making claims on them to be paid by AIG “at 100 cents on the dollar” despite all of the markdowns “being forced upon every other” entity including the government, banks, shareholders, bond holders, taxpayers and homeowners.

“I think that it should be a bigger political issue than whether somebody bought an airplane… Forget the private jets, forget who got a million dollar bonus. Fifty billion dollars“, he emphasized, minimizing what he saw as populist side issues to “the real question” of how “government policy makers” are to deal with the “problems of contract law” inherent in the agreements of businesses receiving government assistance during the financial crisis.

“The banks are being asked to take ‘haircuts’ on their toxic assets, why are the Goldmans and the Deutsche Banks of the world not being asked to take haircuts on their toxic credit default swaps? It’s a real question. I will continue to pursue it for sure, I hope others will as well.” Ratigan praised New York Attorney General Andrew Cuomo’s subpoena of AIG to determine the bank payouts as “legitimate inquiry” and looked forward to “a body of lawmakers in Washington D.C. who are going to ask, it appears, some of the same questions that I’m asking.”

very interesting indeed…

more interesting still are the stories from fox & the new york post about why ratigan left CNBC…

• fox suggests ratigan is posturing to get more money from ABC
• fox does give us this little gem from Ratigan,”The value system of capitalism has been corrupted by a small group of bankers, insurance executives and politicians.”
• the new york post thinks ratigan left because of a feud with CNBC VP for “strategic” programming and development susan krakower
• what exactly is “strategic programming” for CNBC?  George Orwell would LOVE that term…

these are interesting because the don’t even mention the AIG money story at all…. in other words, they have something to hide… namely: the biggest robbery in history perpetuated by Wall Street… specifically: Goldman Sachs.

Goldman Sachs, of course, the primary beneficiary of the Wall St orchestrated Crude Oil Speculation Bubble… remember Bart Stupak?  and the AIG money… hmmm… gee, it’s starting to look like “Government Sachs” is living up to it’s nickname.

How about Tim Geithner?

“United States Secretary of the Treasury, serving under President Barack Obama. He was previously the president of the Federal Reserve Bank of New York. Geithner’s position includes a large role in directing the nation’s economic response to the financial crisis which began after December 2007. Specific tasks include directing how $350 billion of Wall Street bailout money is allocated. He is currently dealing with multiple high visibility issues, including the survival of the automobile industry, the restructuring of banks, financial institutions and insurance companies, recovery of the mortgage market, demands for protectionism, Obama’s new tax proposals, and relations with foreign governments that are dealing with similar crises.”

He then attended Dartmouth College, graduating with a B.A. in government and Asian studies in 1983. He earned an M.A. in international economics and East Asian studies from Johns Hopkins University’s School of Advanced International Studies in 1985. He has studied Chinese and Japanese.

His father, Peter F. Geithner, is the director of the Asia program at the Ford Foundation in New York. During the early 1980s, Peter Geithner oversaw the Ford Foundation’s microfinance programs in Indonesia being developed by S. Ann Dunham-Soetoro, President Barack Obama’s mother, and they met in person at least once.

Geithner’s maternal grandfather, Charles F. Moore, was an adviser to President Dwight D. Eisenhower and served as a vice president of Ford Motor Company.

Geithner worked for Kissinger and Associates in Washington, D.C., for three years

He was Under Secretary of the Treasury for International Affairs (1998–2001) under Treasury Secretaries Robert Rubin and Lawrence Summers. Summers was his mentor, but other sources call him a Rubin protégé.

In 2002 he left the Treasury to join the Council on Foreign Relations as a Senior Fellow in the International Economics department. He was director of the Policy Development and Review Department (2001-2003) at the International Monetary Fund.

In October 2003 at age 42, he was named president of the Federal Reserve Bank of New York. His salary in 2007 was $398,200. Once at the New York Fed, he became Vice Chairman of the Federal Open Market Committee component. In 2006, he also became a member of the Washington-based financial advisory body, the Group of Thirty.

In March 2008, he arranged the rescue and sale of Bear Stearns; in the same year, he played a pivotal role in both the decision to bail out AIG as well as the government decision not to save Lehman Brothers from bankruptcy, though claims were made after Geithner’s nomination that distanced him from both AIG and Lehman Brothers. As a Treasury official, he helped manage multiple international crises of the 1990s in Brazil, Mexico, Indonesia, South Korea and Thailand.

Geithner believes, along with Henry Paulson, that the United States Department of the Treasury needs new authority to experiment with responses to the financial crisis of 2008.

Paulson has described Geithner as “[a] very unusually talented young man…[who] understands government and understands markets.”

Hank Paulson?  Jim Cramer?  Ben Bernanke?  Larry Summers?