Tag Archives: Wal-Mart

The danger the UN brings

Yes, the UN has been active, the news in several places including the Netherlands shows a sight that many might not grasp. As one of the sources US News reports ‘UN summit approves 15-year blueprint to eradicate extreme poverty and combat climate change‘, of course many are now cheering on how lives will become better. Will they?

193 countries agreed on this. Like the millennium plans. Not all targets were met, but as some state (like Dutch NOS News), there is progress. The news stated on how poverty got halved. Here I wonder on what grounds that evidence is brought, where the data is. I am not stating it is incorrect, I am stating that poverty shifted and several nations are playing possum on those numbers. Has anyone considered the US numbers on how many people are living below the poverty line? How many need double jobs just to make ends meet? How is that not poverty in its own right? Now they are stating on how businesses need to get involved, moving from charitable to profitable (quote Dutch Prime Minister Rutten).

Here is the danger! You see we have ample evidence on many levels that the bulk of business will not make these jumps unless there is a benefit to them. Like tax breaks, like non-accountability. So as these new plans needs funding, funding many nations no longer have, how much additional taxation will get lost and how will that impact the lives of you and me all?

Is that not a valid question? The Dutch king might be very committed, yet funds are not there. Critics are already in disagreement. The overall lack of environmental improvements have been overly visible for a long time, getting it in an UN speech is unlikely to make change here. Which is just my personal view.

The quote from the prime minister is also very tainting. “These problems are too large for a government to tackle, we need corporations to step in“. This is perhaps the first clear statement from a leading EEC member that governments can no longer hack it. This is what I have stated for a long time. The law stayed its hand and as such the treasuries remain non protected and non-accountability with improper wasting of resources have given weight to a now faltering group of governments. Yet, corporations have to rise to the occasion, to which I ask: ‘At what price?

Feel of course free to disagree, yet in 8 years, see how goals are not being met, not even close and then listen to the carefully phrased excuses people will give regarding not making the targets. The US News article has one quote that needs to be regarded: “Supporters say there is no choice but to go big in a world of expanding population, growing inequality, dwindling resources and the existential threat from global warming“. It is the ‘dwindling resources’ that is at the heart of many issues. We allow the exploitative and imbalanced Wal-Mart to continue, yet we all realise that resources are an issue. In all this that same Wal-Mart will be asked to give support so that they can get a free pass. Does this make the entire UN operation a new chapter in its recognition as a paper tiger?

You only need to look at the Syrian issue to see how the UN is largely ignored. Now we get another ‘issue’, not with the speaker, she is as I see it in all this part of the UN PowerPoint. The quote ““Promise peace to all children in Pakistan, in India, in Syria and in every corner of the world,” Malala implored the leaders“, it sounds nice, it makes for good TV, but there is no realism here. Syria has its issues where the life of a child is conceptual at best. The Indian government has close to no options at all to deal with its child labour issues, the same situation exists in Pakistan. Both nations where the realistic view is to either work or starve. The combined child labour population of Pakistan and Indian exceeds the total population of either Australia or Sri Lanka. That is how unrealistic the issues are. Again, I have nothing against Malala, she overcame more hardship than most of us will encounter in a lifetime, but those in the UN should know better and adding her to this presentation is good for Malala and I wish her every positivity as well as the fact that we should not be silent on these issues, but the delegates of the UN should know a lot better, this issue is one that will not be met.

Another shifted view comes from Egyptian President Abdel-Fattah el-Sissi who said that “the international community has to deal with global challenges that hinder development“. The quote “Egypt has been fighting an insurgency by Sinai militants allied to the Islamic State group. At the same time, security forces have cracked down on Egypt’s Muslim Brotherhood and other Islamists“, as well as “El-Sissi also expressed concern that “the tools” to achieve the goals are insufficient, and stressed that richer nations have a responsibility to help poorer ones“. This sounds not even close to nice. The direct option was to engage in a dialogue with Israel on how to deal with the Sinai, Israel is very willing to assist and find solutions here, as the pressure is also on Israel due to Sinai Extremists. No, President Abdel-Fattah el-Sissi wants the rich countries to step in. Likely also making sure that some hands are tied in all this. The last one is a speculation, yet in addition the entire MFO situation are set after certain accords, so how will these accords be impacted? The September 17th 1978 Camp David Accords will likely see a different light over that evolving future. Is this truly a ploy to deal with the Sinai Extremists, or a played option to sway a vote to allow more Egyptian troops and military into Sinai, with all kinds of new pressures? I just set into the light three small issues that give worry to the entire 15 year blueprint. Yes, there is benefit and essential growth to eradicating extreme poverty, yet in all this it can ONLY be achieved by overhauling laws on a global level. Changes that players like Wal-Mart will never allow for, moreover, they have a sizeable lobby at their side to make sure that the fortunes of the Walton family remains guaranteed. Wal-Mart spend will over 7 million in 2013 to its lobby to make sure certain pawns were either moved, or not moved according to their needs. As the members of that family grows in fortune a billion a year, 7 million is nothing, even then times that would be a steal at twice the price, the cost of doing business and the laws of the land, the laws of most nations fall short in this regard.

Interesting that this side saw no exposure at all.

In this, the monarchist nations remain the strongest supporters, they are mostly about the nations and the global good, republics are all about the elected principle and the lobbies in the back, corporations rule there! Is it any surprise that Sweden and the Netherlands are so socially inclined? That is the impact of a monarchy reflecting on all the people and the moral and social good of the world. In similar light, how should we see the quote by India’s Prime Minister Narendra Modi in Canadian Global News, where we read: “Modi confirmed plans for a fivefold boost in renewable energy but added two years to the time frame, saying it will take seven years instead of five”, is it because of American politics and what we have seen in the past that this could be seen as a shift until after the next election and that issue will be dealt with after the elections? Will we see an offer by Narendra Modi offering the open gap NTT DoCoMo left to the next mobile player under conditions of renewable energy installations? Will that suddenly count towards the total? In all this, those installations count as a cost, which means that those players will not be saucing the treasury coffers. That is the foundation of problems several other nations must remain aware off and unless the laws are adjusted this all shows like another paper tiger, offered in consideration from a group of people who get paid very nicely on an annual base, so the next 15 years some of these players would be decently well fed. Is that my sarcasm that you read now?

I must admit that sarcasm swims within me as I have seen the faltering side of several branches in law and politics not adjusting the view required to guarantee their nation towards growth, a view that is not an option at present. In all this not enough people are looking onto the sides that long term adjustments are required to make so that any option is realistic, yet with Wal-Mart equals on other shores their game is not dissimilar to the game the Walton’s are playing in a legally correct way, in all this the law has faltered in several nations, with no view of improvements any day soon.

So the dangers the UN bring will impact economies, unless the law adjusts firm and fast that plan is not likely to be made. If you doubt my words then consider the ‘plans’ that were made in 2000, they were not met, in some cases they were met only 50%, it is called an improvement, but from that we must accept that either the plans were never realistic, which beckons the question, why accept a non-realistic plan, in the second there is the validity that progress was booked, yet at what price and in this time and in this economic age what is the realistic chance that such funds remain to be available?

As for my doubts, that part can be seen in the very end of the article (at http://globalnews.ca/news/2242584/un-summit-approves-15-year-plan-to-erase-extreme-poverty-fight-climate-change/) called ‘UN summit approves 15-year plan to erase extreme poverty, fight climate change‘, the quote is “As for finding the trillions needed to implement the goals, Microsoft co-founder and philanthropist Bill Gates said Thursday “we’d be doing very well to have anywhere near that amount of money available by 2030”“. We know Bill Gates to be one of the leading philanthropists. He has not tried to hold on to the massive wealth Microsoft brought him and he has spent a lot, yet he knows how much money this requires, something I expect the politicians involved have no realistic clue about. If Bill Gates shows signs of worry regarding the need of these trillions, how come the governments involved are not extremely outspoken regarding the massive debts they have and that no one has these level of funds. In part only corporations do and my worry is that the price of agreeing to all this will cost us a lot down the road. In addition, it is also interesting to note on how papers have the same stories, the same quotes and the same title, so is the journalistic branch now limited to do the copy and paste action? In that I set Reuters apart. The one issue they show and the other papers did not (as far as I can tell), is the article (at http://www.reuters.com/article/2015/09/26/us-un-assembly-china-idUSKCN0RQ0HW20150926), so as we accept the second quote to be “Chinese President Xi Jinping announced on Saturday that Beijing will establish an assistance fund with an initial pledge of $2 billion to help developing countries implement a sweeping global sustainable development agenda over the next 15 years“. Now if we accept the first quote to be from Bill Gates (the one stated earlier), now compare the statement just given by Chinese President Xi Jinping, controlling the second largest economy on the planet (if we accept the US numbers to be true), than 2 billion (the article states another 12 billion by China too), in light of the statement by Bill Gates “As for finding the trillions needed to implement the goals“, gives the vision that the second largest economy is contributing less than 0.7% of the required amount. So is anyone still considering the realistic view offered by the UN, a 15 year goal that is not realistic is in my view nothing more than a concept in presentations, if you are there and if the coffee was nice, the day might not be lost, but in all certainty, it is unlikely to be a true gain to anyone attending other than Malala, who as a UN envoy achieved what she had to achieve, to shed light on a situation that needs addressing, how that is done is actually on the plate of Gordon Brown who is the political side of the United Nations Special Envoy for Global Education.

In the most worrying closure, I have stated it before, would the culling of our population help? If so how can the UN exist, or even remain to continue when the required solution is to dim the lights for billions of people, a population decline in excess of 90%. This is not humane and equally unrealistic. I want to see realism in the shape and size that we the people are properly informed on what is needed, where the law will properly adjust to hold corporations accountable for steps taken and for profits made. A reality I am unlikely to see happen in my life, so what will be left to the generation that follows me?

I honestly do not know, yet in the light of what I just showed you the reader, did you consider any of the issues that I noticed and that none of the articles discussed and more important, why were these issues not raised by the involved journalists?

 

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The Cat and the Bacon

I have written about the economy on several occasions, I always proclaimed that it was pure insight as I saw it and that I do not have a degree in economy, I am an analyst. Yet today these borders of non-knowledge might get stretched a little further than previously shown. Today is all about the Euro!

I personally never believed it to be a good idea. We saw how all these politicians were proclaiming on how ‘good’ it was for the economy. Was it? You see, it might not matter for the bakery on the corner, the grocer next door or the butcher across the street. It matters to the giants of industry and how it benefits there bottom line, the extra coin for the members of the board, not for the people in the stores, that image tended to be a virtual one, it virtually did not matter at all!

I saw how the change of coin, from the Dutch guilder, things suddenly seemed to be 50% cheaper (2 guilders equalled one euro), but the math is easily made there. What those people experienced that buying a chicken on the market was 6 guilders, it became 3 euro’s, but then what? In a little less than 4 years that chicken from the same dealer ended up being 6 Euro’s. An annual 25% hike in prices. The chicken example is a little extreme and many articles did not raise that quickly. Some will mention the issues of milk in the Netherlands, but that is an issue much more complex and the Euro itself is only a small fragment there.

So, could I be wrong?

That is centre in this debate. I could be wrong, but it is very likely that we are all looking into the wrong direction. It would be nice to blame places like Greece, and they are definitely having an effect, yet the issue is not the EEC, it is more and more pointing towards America. You see, we are all in a bad shape, no one is denying that, yet in American, things have not gotten any better for a long time. Let’s face it, some people are now shooting at the police for fun, or for reasons of aggravation and despair. The people in America are suffering in many ways, but the all holier than DOW keeps on rising in addition, their currency is massively on the up, which under the issues showing, seems a little too good to be true, it an assumption, but is it fair and correct?

That remains to be seen, when we look at the Guardian, we see (at http://www.theguardian.com/business/2015/jan/08/euro-dollar-1999-levels-deflation-oil), the following: “Recent data for the Eurozone has proved weak, with inflation falling and unemployment rising. Italy remains in recession while France has seen consumer and business confidence wane. Only Spain and Germany among the major economies have appeared to gain in strength, though Berlin has failed to kick-start GDP growth and Spain still suffers from an unemployment rate of 25%“, these are facts, they are not in denial, but where are the results of the UK (which were not great)? You see, these facts are true, but there is more to consider (besides Greece dragging the EU down). What about Sweden and the Netherlands? Not the greatest economies compared to the big 4, but still sizeable ones, we can admit that they are all struggling, yet the fact that we see a ‘propagated’ booming economy in America needs to be addressed too.

Who statistically has a job?

When we consider an article in Forbes last August, where we see “My friend and the waitress are victims of a massive but hidden problem called underemployment. Watching falling unemployment numbers being reported at 6.2%, down from nearly 10% four years earlier, is simply misleading“, attached to a headline ‘Tackling The Real Unemployment Rate: 12.6%‘ (at http://www.forbes.com/sites/louisefron/2014/08/20/tackling-the-real-unemployment-rate-12-6/), we get to see the picture that the people are living, Wall Street is ignoring and  the current administration of the US is misrepresenting. So is the Euro doing this bad, or is it dragged down by a misrepresenting nation carrying a 17 trillion dollar debt? By the way, did we not see something similar with Tesco and a few hundred millions misrepresented? How did THAT turn out?

When we see this quote in Forbes we see the real danger “741,000 discouraged workers – workers not currently looking for work because they believe no jobs are available for them – are included within the list of marginally attached people. Another 7.5 million were not considered unemployed because they were employed part-time for economic reasons. Those people are also called involuntary part-time workers – working part-time because their hours were cut back or because they were unable to secure a full-time job“. The danger is twofold, how many of the 741,000 are over 50? It seems that companies, especially those with younger, inexperienced executives are afraid to hire people with skills and know how. In regards to the 7.5 million part time workers, does that include those Wal-Mart people, who need to rely on food stamps and all kinds of other support systems? I am not debating their need, more that the owners each walked away with well over a billion in 2013, whilst its staff was on governmental food stamps. How does that ‘boom’ your economy? It almost reads like ‘gangbang’ for your buck whilst the governmental administration bends over, a lack of fairness on more than one front, one could state!

Booking a balance!

You see, the unbalance goes a lot further, the US as a nation can float its currency, this is not a bad thing, normally every nations does it to some extent, to weather a really bad time, so that business and consumer is not hit with weird spikes, it is an issue that has happened for a long time and it will continue to happen, yet the Euro does not have this privilege, these economies are set to what is done in Bruxelles (Brussels), and as such, it is likely impacted by spikes to some extent. However, as their currency is spiking downwards against the Dollar, which seems to be decently overvalued, we get a new danger that the drag will continue, whilst no one seems to be looking and the bubbled version of the US Dollar. So is my non-economic view correct, right or wrong? Yes, there are three options, because, what is correct may still not be right.

Consider, that the Euro nations are not doing so well, which is true after all, that fact does not make the dollar better does it? It is correct that the dollar looks better because the Yen and the Euro looks less good, but the economy in America is not booming, if it were, we would see a lot more people gainfully employed without the need for government support, you see, here we get to the matter on what is correct and what is right. If the US is having a virtual boom, we are judging the US on merits of misrepresentation, which by the way might not be illegal, but should an economy not be held to its cost as well? The US debt is still increasing; the people (a large amount) are not paid to a level of being self-sufficient. We see an economy that had made the thirteen amendment in 1865, there we see “Neither slavery nor involuntary servitude, except as a punishment for crime whereof the party shall have been duly convicted, shall exist within the United States, or any place subject to their jurisdiction“, in 1867 the US got the Peonage Act of 1867, where Congress abolished “the holding of any person to service or labor under the system known as peonage”, as well as specifically banning “the voluntary or involuntary service or labor of any persons as peons, in liquidation of any debt or obligation, or otherwise”, now this all sounds pretty clear, and having a job is not this, but when a population is forced to work for scraps, whilst still requiring food stamps, it seems that we now have an issue. no one is a slave, but under the conditions where the very rich grow their fortune at well over 30%, whilst those on average grow less than 2%, we should clearly see that the balance of fair play is no longer anywhere in sight. I am not against making profit, it is a capitalistic form that has merit, yet when we see six members of a family, each making a 9 figure number, whilst the 1% of America it employs makes less than the line of poverty, we need to ask serious questions. In addition, as we see a group where they deal in articles that are from questionable sources (at http://www.theguardian.com/global-development/2014/jun/10/supermarket-prawns-thailand-produced-slave-labour), where the quote “A six-month investigation has established that large numbers of men bought and sold like animals and held against their will on fishing boats off Thailand are integral to the production of prawns (commonly called shrimp in the US) sold in leading supermarkets around the world, including the top four global retailers: Walmart, Carrefour, Costco and Tesco“, we are confronted with a governmental issue, where it allows for profit at expense of its own industries in Louisiana, Alabama and Mississippi. We can acknowledge that the oil spills have been detrimental to the health of the industry, but when the big players get their goods overseas, how can any economy recover, especially as these overseas players (as implied by the Guardian), can rely on profits through slave labour. This goes further than just the shrimps, other food items or clothing. It shows a disconnection from the people, you see economies are more than just behemoths, we could see them as parasitic in nature, which sounds wrong, but is actually very correct. The retailer lives off the people, but can only do so if the people can spent. It is a symbiotic relationship; it requires the host to remain alive. Large businesses have forgotten about that, they focus on where the profit is, not on the required equilibrium, so as places like India grew form a third world market into a super economy.

Cycles of equilibrium

The people outsourcing, seem to forget that its own population is every bit as important, so as that group falter, so will businesses slowly but surely. As we see that cycle progress, is it not strange that the US Economy remains booming? A nation with many people unemployed; even more people in a state of poverty; 15% in poverty, this gets us a little more than one in seven in poverty, meaning that big business is now relying on revenue based on the remaining 5 out of 7. It looks nice in a statistical model, but as the overall quality of life goes down, that group of 5 will dwindle down too, when that happens, the economy will falter in new unprecedented ways, leaving the only option that a few people walk away with all the money they can carry to their own island and the rest is left without anything. This can be read as misrepresentation as well, but is it far-fetched? that part is not a given until we see an actual economy that truly improves, which means that the poverty line descents, people will start having a liveable income, that will give rise to shops needed and more jobs created and all that opts for the US national debt to go down by a lot, something that this administration has not achieved, more important, it might take 2-3 administrations for that debt to be addressed in any way, shape or form, which only fuels the wealth of banks and financial players. If it is addressed too quickly, the poverty line could soar far further then 21%, giving an instant crises in the US that goes beyond the imaginations of many and will be one nightmare Wall street did not foresee to this extent. Yet how would that affect the Euro? Well in two ways, as the US people will become more and more desperate for jobs, suddenly the economy looks even better on our grass, but it is an ‘economy’ for the wealthy living, the rest will see a further drop in living conditions (an assumption on my side)

So as big business ties the cat to the bacon (meaning: opportunity knocks), we must wonder how these elements call for a booming economy as an economy is reliant on people spending money, buying items and none remain to do just that.

You see, there seems to be a fluctuation on what an economy is (seriously!).

The first one we see is: “the state of a country or region in terms of the production and consumption of goods and services and the supply of money“, which is what we all believe it to be, yet the second meaning “careful management of available resources“, which we can take as “offering good value for money” and “a financial saving” last there is “the cheapest class of air or rail travel“. Weird or not, they all apply. I got them straight from the Google dictionary.

Now when we mash them we get: “the National state in terms of the production, the cheapest way possible, whilst advocating good value for money, whilst ensuring the highest efficiency in regards to managing our available resources, whilst optimising consumption of goods and services, ensuring the best supply of money through contribution“. Does that not sound very familiar? You see, it seems like a booming economy, if you are getting the money. The consumer is left with the option, whilst not guaranteeing a pool where such sufficient income can be maintained, almost a death pool of discontinued certainty.

So, how did we move away from the Euro? Well, I actually did not, you see, these elements have been a factor with American companies all over Europe, now consider how much taxation they did not have to make due to tax havens and specific invoicing? You see, a government is depending on its coffers to be filled so that there is a growth and continuation of an economy, whilst these corporations are now stating that this inherent side of the symbiotic relationship was not theirs to care for. Now we see and a loss of balance as well as a first glance on how dislodging an economy can have long lasting effects. As the Euro has less ‘floatation’ options and as some unbalanced it even further, we now see no options on the Euro side, whilst the Dollar has legal options to float its currency, unbalancing the amount further, the upped representation does the rest!

Blame Game

Now, it is important to see that I am NOT blaming the dollar for the Euro, yet it must be said that those behind the Dollar (businesses) have presented themselves overly good, so there is a secondary effect, whilst we see more and more often a changing scale of what is to be reported on. Let us be clear, several EEC nations have done this in the past, but the balance is now changing further and further, giving no one a clear view of what is real, we see presentations that are all a little out of whack, so as Europe starts its plan of credit easing, we will see the numbers jump, yet in what direction cannot be predicted (not by me at least), because, if investors walk away ‘en mass’, no credit easing will do any trick, if you doubt that then look at India, is it not weird that NTT DoCoMo / TaTa, the big winner of 2013/2014 suddenly wanted to dump its one billion share? Is it not strange that in this ‘booming’ economy, all are looking on the inside? Is a booming economy not about growth? So as we ‘see’ a growing economy, is that not (usually) a sign of growth? So why are the mobile providers T-Mobile, AT&T, Sprint and Verizon all steering clear of the Indian market that is seemingly up for grabs?

So is the US economy booming, or is it going boom-boom?

 

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Grinch anyone?

It is always nice that we can go on and on about the Grinch who stole the bankers bonus, or how the Hogfather looked at the vegetarian and how he believed it was all for the good of the pork chop. No!

None of that!

Today is the one day where we see people trying to be nice (the attempt at times is entertaining to watch). There is a fair amount of people doing good things, being extra nice. For example, there is a Miss (or Mister) Goody two shoes who opened the front door to Hotel Gitmo (at http://www.judicialwatch.org/blog/2014/12/oops-u-s-offers-5-mil-reward-al-qaeda-terrorist-released-gitmo/) and now, they are willing to pay 5 million to get one of their previous guests back. For those working at a Wal-Mart, it is rumoured that the money will be available in food stamps would you prefer it. So as Ibrahim al-Rubaysh is enjoying Christmas cheer (somewhere else), he is sorely needed in Hotel Gitmo, because he did not make his bed and that was a condition for a free stay at this hotel. By the way, it is said that he did not make his bed in Yemen either and that the sewage system is all blocked up because of it. Christopher Robinson whispered that to me whilst sharing a sandwich with hunney with me. Yet, our Christmas spirit might still be under scrutiny, at least that is how it is stated in the US. If we believe the source (at https://www.intellihub.com/new-resistance-film-expose-dangers-roundup-food-water-around-us/), then there is a new Christmas movie called ‘A new resistance‘, no it is nothing like Castle Wolfenstein and those bad German people who enjoyed getting shot, it is about a perfectly ‘harmless’ weedkiller, which is now showing to be not so safe or innocent. It is now stated that Glyphosate is not the safe product experts claimed it to be for 50 years. So, if you get sick, you will just have to drink the safe bottled water that rich people drink. If not, you get sick even more and you die! By the way, these rich people also drink a bubbly form of mineral water called Crystal. I never tried it, but it is stated to be the yummiest!

So as we got towards the Christmas cheer, the holy days, our bible (if you have one) or just be with your family one more time, then take a few seconds to contemplate what you will do in 2015. It is a scary world out there and I for one will consider what should be done and what I am able to do.

I have always believed in the words of Lord Baden Powell and for the most I always tried to live with that approach in my heart: “Leave this world a little better than you found it!

I know, that for the most I have done just that, if you the reader can do that too in the balance of things, not next year, not next week, but just now, then this world will soon be a pretty magnificent place to live in. You see, you don’t have to fix it all, just leave it a little better, on the balance of all, it will fix everything one item at a time.

So, if this is my last story of the year I wish you all a Merry Christmas, a Happy New Year and we will continue this all in 2015.

PS, just to leave on a crazy note: If you haven’t figured out the most desirable moment (or person) for 2014, you have one week left to figure it out! So get to it!

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What was once America!

This story will go into a very different direction, it also holds several values that might not be agreed with and several are debatable to begin with.

You see, we are allies of America and I am fine with that. I think we need America in the free west, but the actions of America makes them more and more ‘unwanted’. As we see changes on the global scape that is all over the field, we see an America that has become unjust, unequal and desperate for political points on a sliding slope for governmental bankruptcy.

Perhaps some remember this: “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness”. It is in the constitution, a tourist attraction, currently on display north of the National Mall at 700 Pennsylvania Avenue, Northwest, Washington, D.C. Most Americans have forgotten it, we might state that the bulk of Americans, might remember it, but they do not know exactly what it is any more.

I did make a few accusations, here is the reasoning (without it, an accusation is just hollow).

Unjust

Injustice is harder to state, we see it, many feel it, but where is the injustice? There is social injustice, economic injustice, racial injustice? As American is a nation of laws, there is also a part that is not covered by laws. Yes, there lies the injustice, consider the enabling of wealth as I wrote about it on September 29th in the article ‘Vindication‘, how “Sens. Elizabeth Warren (D-Mass.) and Sherrod Brown (D-Ohio) are both calling for Congress to investigate the New York Federal Reserve Bank after recently released secret recordings show the central bank allegedly going light on firms it was supposed to regulate” which came from the Huffington Post. We see an enabling force to those swallowed by greed and wanting ever more. Racial injustice remains, as it always has. This is not meant to be an attack, but a mere statement of fact.

Unequal

This is seen in the Business Week article of last April (at http://www.businessweek.com/articles/2014-04-03/top-tenth-of-1-percenters-reaps-all-the-riches), it boils down to the fact that the top 1% owns the same wealth as the bottom 90% of the entire American population. The wealthiest 85 persons on the planet (not all Americans) have more wealth then the sum of the bottom half of the planet, if we consider this as an iceberg, then we see 9% above water, the rest is just drowning. This sliding measurement of equality is even more visible in America, whilst the Walton Family gains billions each year, the bulk of its entire full time staff is on food stamps and requires additional government support. Some would argue that workers value is where we value it at, but in this age of exploitation we see that as people are numbered into spread sheets, we see how people are numbered out of existence. We see large places (not just Wal-Mart!) sell at ridiculous low prices, which gives us “at least two of the factories on the list have continued to send massive shipments of sports bras and girls’ dresses to Wal-Mart stores in recent months, according to interviews and U.S. customs records“. Consider getting three sport bra’s from Wal-Mart at $8. I took that article as it requires a little more work than a boxer short. How can you make any profit on something that seems to be cheaper than the bare materials required; now it needs to be made, packaged and shipped? How dim is the person thinking that things are truly made that cheap? When we read on how some clothes from Wal-Mart comes from Bangladesh, where ethicality is out the window and the children get to work for a living and a future they will never have. How surprised can you even be?

Desperate

Now we get to the good stuff, here is where the connected danger lies. There is a presumption that you must take into account, much of this is directly from news sources, I have tried to focus on certain parts, but as any analyst can tell you, the better the data quality, the more reliable the information and the assessment of that what is in play. The first part is ‘Binyamin Netanyahu ‘chickenshit’, say US officials in explosive interview’ (at http://www.theguardian.com/world/2014/oct/29/binyamin-netanyahu-a-chickenshit-say-us-officials-in-explosive-interview), of course, there are questionable issues with this, or was the ‘slip of the tongue’ literally applied. The quote “The other day I was talking to a senior Obama administration official about the foreign leader who seems to frustrate the White House and the State Department the most” (at

http://www.theatlantic.com/international/archive/2014/10/the-crisis-in-us-israel-relations-is-officially-here/382031/), you see, this has been discussed by me before, however, until now, most of it was debatable (as I would readily admit), and in light of these two articles we get a new vision. I wrote about all this in ‘Selling Israel‘ on October 3rd and ‘Puppet on a string‘ on July 30th. These were about the side of Israel, now here we see the side of America. America is in a bad way, it needs to show resolve, it needs to show success. This current administration has bungled more than once and as the tally comes, they are seeing that their balance is not good. “Israel has rebuffed those requests and demands in ways that have been very embarrassing to Obama administration” from US News, as well as “Kerry, who made pursuing Middle East peace a cornerstone of his time leading state, was a part of the peace process that collapsed earlier this year, and relations between Netanyahu and President Barack Obama have long been chilly further complicating any hope for a resolution to the region’s strife“. I foresaw several of these points never working in July, so why did some think it was ever going to work? Israel is surrounded by people who want them dead, ever since WW2, they still want to wipe Israel from the face of the earth. That will NEVER ever be the setting of success. An interesting article can be seen in the LA Times (at http://www.latimes.com/opinion/op-ed/la-oe-makdisi-israel-apartheid-20140518-story.html) in regards to Israel and apartheid, with the link to the International Convention on the Suppression and Punishment of the Crime of Apartheid, adopted by the U.N. General Assembly in 1973. I do not completely agree with the article, as Israel has been the victim of apartheid, pretty much since Germany European Tour 1939-1945, so as we see the term apartheid, are we certain that it is correctly applied? When we see the quote: “While overcrowded Palestinian schools in Israel crumble, Jewish students are given access to more resources and curricular options“, which sounds nice, yet consider the no-stop attacks on Israel, in August 2014, the numbers if even partially correct, implies that the funds required to fire these missiles in one month exceeds ten times my average annual income of the last 15 years. So, perhaps not firing missiles and using the cash for upgrading schools might be an idea?

Yet, this was all about America, why the side step? America needs success stories, John Kerry came up short, which we knew was going to happen, yet this is not the only issue. If Donald Trump is even only partially correct, then we will see no later than march 2015, that the US will get an enormous fall in economy, a large rise of the jobless population and the cost of living will go through the roof making America not that great a place to be. In addition, as we see in Moneynews (at http://www.moneynews.com/Outbrain/Trump-Aftershock-American-Economy/2012/11/06/id/462985/), in addition In 2006, Robert Wiedemer and a team of economists foresaw the coming collapse of the U.S. housing market, equity markets, private debt, and consumer spending, and published their findings in the book America’s Bubble Economy. Now we have ourselves a party, as the US is losing ground, as they are losing the economy and as they are again in some dispute with ISIS (one that they should have dealt with some time ago) we see a nation with bills, no real production other than virtual events and one with an aging population that needs an almost exponential need for healthcare and social security. In that field we now see a faltering democratic party that needs to score, which gets us back to the Israel debacle. The quote at the end states “Instead of attacking Israel and forcing it to accept suicidal terms, it should be strengthened. I call on the US administration to renounce these coarse comments and to reject them outright“, here we see the crux. America lost out to Israel on selling missile technology to India. It is only half a billion, but there is prestige on the line, in addition to long term additional orders we see that Israel has taken a step forward. The fact that they also got drone technology from Israel gives pause to wonder, is Israeli merchandise better, or is the US too expensive? That debate is up in the air as I have none of the facts, but in an age where any bit of good news counts, losing 0n these two orders just does not help, insulting the Israeli Prime Minister might have additional consequences, I personally see it as a consequence of not getting a grip on the deficit for half a decade, more and more players in the field are now seeing that America WAS a great nation, its future however remains for now extremely uncertain, a possible legacy that the Democratic party is desperate to prevent. It is not just my voice here, to some extent we can see similar issues in the Washington post, which does not suddenly make my revelation fact, but it does show that there is an issue of leadership, on that is showing to be unable to do what actually needs to be done.

It is also important to give notice to one element that was not within their control, Wiki-leaks, when it released the diplomatic cables instigated waves of hardship that were equally unjust. Not because of what they published, but because they published only one side, the American cables, which means that America was continuing a poker match whilst all their cards were in the open and the others remained hidden. This is not the largest issue, but it is an issue. We see ‘attempts’ to get another peace talks in the works, we see America now talking to Iran, Gaza is not going their way and Russia remains a hot potato, these are all reasons for concern, but to what extent?

That is at the heart of the matter, yet it is also an unknown, we might decide to trust the IMF, the DOW and other proclaimers of good news, yet in the last two years, most predictions were missed and overly positive.

Consider these two texts: “After a temporary setback in the first quarter of 2014, the U.S. economy has rebounded. Temporary constraints—an unusually harsh winter and a sharp correction to an earlier inventory build-up—have now receded. Growth reached an annualized 4.2 percent in the second quarter. Improving housing activity, stronger on residential investment, and steady payroll gains suggest that the rebound is becoming more sustainable (Figure 2.2). The unemployment and labor participation rates stood at 6.1 percent and 62.8 percent, respectively, in August” From the official World Economic Outlook for the IMF.

The second text are two texts from the same article: “The third-quarter gain in output outstripped economists’ expectations, but growth in domestic demand braked to a 2.7 percent pace after a brisk 3.4 percent gain in the April-June period, giving the report a softer tenor” and “A slowdown in inventory building weighed on growth, and economists warned that pressure would likely persist into the fourth quarter“, the second source is Reuters (at http://www.reuters.com/article/2014/10/30/us-usa-economy-idUSKBN0IJ0A020141030).

The people are bombarded with several DIFFERENT sets of results (which look like statistical results); we see a massive push for reports on a restoring economy, which is in all matters not exactly true. Yes, the economy is picking up, but the only ones truly seeing that happen are those who are a member of the top 9%, also known as those not drowning at present. There is no real solution until America changes and I mean truly changes the way they operate and the way they hold people to account. Their solution of taxing the rich is equally unwise (stupid seems so harsh a label). I am not against holding the rich accountable, but that there is a difference, holding the rich accountable is not the same as taxing the rich, the latter looks, reads and smells like discriminatory injustice, which is what we do not want either. Yes, they must pay their fair share, but the emphasis is on fair. There is no real fairness at present, instead of designing ‘custom’ tax deductibility’s where only the top 2% gets a joy out of, why not tax EVERYONE and every business at 15% and make every tax deductible program obsolete, no hiding, no off-shoring and no complications. The current path is not working, it only works for the top 3% and they do not want change, so is adhering to them in an age of democracy not plain treason? Is America not for ALL the people (in America mind you).

By not acknowledging cycles and cold years of industry, all got sentenced to an autumn of life with only winter to look forward to, with every cycle, the autumn got longer, whilst captains of industry avoided winter, yet what came, the spring and summer are now shorter and shorter, whilst the autumn is getting longer and longer, which is doing no one any good.

This is what once was America, past summer in mid-autumn with as we see it now, 5 years of autumn ahead and possible no spring after that. When a nation is about the time past summer and only 1% gets to see the sunshine, life for a democratic option becomes less and less likely. This now gets us to the final part of the Israel debacle. As we watch USA Today (at http://www.usatoday.com/story/theoval/2014/10/29/obama-benjamin-netanyahu-israel-iran/18106253/) we see how the White House is distancing itself from insulting comments that unnamed officials made about Israeli Prime Minister Benjamin Netanyahu in a new magazine article. Distancing, not investigating, and not prosecuting, but mere distancing! The man who spoke is taking one for the team I reckon, a team I might add that once spoke so highly and still claims to speak highly on the USA – Israel bond, yet at present we see the quotes “US officials, while not confirming the reports, have recently said there are multiple combinations of ways that Iran’s breakout time could be extended, and the focus should not only be on the centrifuge numbers in a deal. The goal, US officials said, should be a deal that closes off all possible pathways for Iran to make fissile material for a nuclear weapon, either through producing weapons-grade uranium, plutonium or through a covert facility” (at http://www.usnews.com/news/articles/2014/10/28/the-endgame-for-iran-nuclear-talks) and “Discreet, low-level intelligence sharing: The United States can degrade Islamic State from the air, but Iran is crucial to root out and destroy them on the ground, at least on the frontlines. Since Washington doesn’t talk to Tehran directly, the Pentagon still presumably coordinated airstrikes with Kurdish and Iraqi intermediaries” (at http://blogs.reuters.com/great-debate/2014/10/28/the-u-s-iran-non-alliance-alliance-against-islamic-state/) all these events (including calling Benjamin Netanyahu a ‘merda di pollo‘, I used Italian to make it sound at least the tiniest fraction of diplomatic), now we see the links, as the implied brotherhood between Israel and USA is under strain, other parties seem to be brokering deals with Iran so that the current political democratic wind can leave the boots on the ground to Iran and the Obama administration is left with the statement ‘we kept OUR promise, no boots on the ground!’, a promise that was never realistic until they left that part to someone else. So how good are relations between Israel and USA as we see these developments?

This is open to debate, but as this economy continues, that what was once a great America is now for sale at Wal-Mart on isle 5 and its going cheap.

 

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Rising rates from just economy?

It is not always that one wakes up badly to ‘good’ news, but there you have it! When looking at http://news.sky.com/story/1281763/interest-rate-rise-signals-end-of-crisis, we see the changes that are now at odds when we consider the end of a crisis.

The question becomes, why am I not all in glorious ‘hurray!’ on this one? The economy is getting better, the time line which I proclaimed since early 2013 has indeed been correct. All these people following some economic analyst on half-baked data have been proven wrong, so why am I not happy?

That is because this has all to do with what we call in Australia ‘Fair Dinkum‘. I have always believed in this and matters are not in any dinkum stage and they are a lot less fair.

The quote “With the economy recovering faster than anticipated, analysts predict the interest rate hike could even come as early as this year” is at the heart of this. You see, the economy has become strangely unbalanced. As powers had been given to big business, leaving many nations with certain levels of legalised slavery, we see that their businesses are indeed getting better, there is more commerce and as such, things should be getting on par for all. There is the crux, ‘on par for all’. That is the part that is no longer in the stated cost of business. For those working people, who has not heard the following “this is for <insert name of large company>, we have to finish this off today“, “if we lose this client, we have to let go more staff members” or “we can’t afford to keep slackers around“. On average well over 80% of the workers will have heard these phrases in their work environment. The BBC published this in 2005 (at http://news.bbc.co.uk/2/hi/uk_news/magazine/4149835.stm). The quote “Britons work so much unpaid overtime they are, on average, providing their employers with free work for the equivalent of nearly eight weeks of the year“. That was in 2005. I feel certain that this number is a lot higher now. So, it comes to companies getting almost 20% of free workforce and they are not in any hurry to change these numbers, which makes for two dangerous issues. One is that as this had not been dealt with the effect of legalised slavery grows and grows, which in term stops these people from adding people to the workforce, which means that the unemployment rate is not dealt with, so the end of a crises is not yet in sight and rate rises give a signal that almost 10% of the UK population are about to get worse off. When we look at two quotes from the same BBC article “People don’t tend to feel resentful because the whole bonus and compensation system is geared up to rewarding people for their performance” and “The whole thing’s just money driven. If people don’t feel their bonus is reward enough they’ll just leave and go somewhere else“, these two quotes ignore several markers. One is that bonuses are often for management only and the people working overtime are not paid for it. The second marker is that the term ‘go somewhere else’ is often not even an option, which makes for these two observations to be inaccurate and also guiding marks to how office slavery tends to get legalised. These parts are only emphasised by the small fact the BBC mentioned “Londoners do the most – putting in 7hrs 54mins extra per week“, that adds up to one day a week of unpaid work ‘free labour for the manager‘, do you have any idea how many billions this adds up to?

So when we see the end of the crises motion, we should regard this as an additional signal that exploitation is quite possibly reaching an almost uncanny height!

Let me be blunt to ‘some’ extent, I am not against working an extra hour every now and then. This just shows dedication to your work, but an average of 8 hours a week is not dedication, but clear exploitation. It is interesting that no one is currently actively researching those bosses is it not?

So how did I get to this when we consider the quote in the Sky News article “the British economy is growing, that jobs are being created, and homes are being built, and that’s part of our economic plan“?

First we have the following BBC article (at http://www.bbc.com/news/business-27791749) stating the following “The number of people out of work fell by 161,000 to 2.16 million, bringing the unemployment rate down to 6.6%“, which is great news. The second quote to consider is “But the quarterly rate of earnings growth, including bonuses, slowed to 0.7% from 1.9% the previous month“. So, are these connected? Consider the following “The number of people claiming Jobseeker’s Allowance in May fell by 27,400 to 1.09 million, the ONS said“. So the jobs created are not on par. Yes, there are less seeking a job seekers allowance, but that is not the only source. It seems that jobs are shifting, but how many people ended up with multiple jobs just to get the bills paid?

In my view the last quote gives us the angle “Weak pay growth and the ‘cost of living crisis’ remains the Achilles heel of the economic recovery, said Chris Williamson, chief economist at Markit.” This is where the elements meet. Yes, the UK is getting stronger, but what side is getting stronger? If we consider those happy to even have a job and working one day a week for no pay, then the bosses are mighty happy, yet when we consider the payments required getting by, we see a dangerous side that is now rearing its ugly head. I think it is important EVERYWHERE in the Commonwealth that we do not end up with some kind of Wal-Mart example, where the working people ending up on food stamps and government support because their income still keeps them below the poverty line. Whatever the republic on the other side of the Pacific river (for people in the UK it is that nation on the other side of the Atlantic river) wants to do, but we as children of the British Empire (I like the old titles at times) have a sworn duty to ourselves and to our sovereign Queen to make lives better for all of us as well as for our country. We do not deny our bosses their profits, but they are required to give us the fair share of our labour, unpaid overtime to the extent it is pushed onto many of us is massively unacceptable.

It is perhaps the one blemish that is still undealt with if we consider the following (at https://www.gov.uk/overtime-your-rights/overview), where it states “Employers don’t have to pay workers for overtime. However, employees’ average pay for the total hours worked mustn’t fall below the National Minimum Wage” I think it is up to the Prime Minister (David Cameron) and the Chancellor of the Exchequer (George Osborne) to change that part into “Employers don’t have to pay workers for overtime. However, employees’ total overtime hours worked must never exceed 10% of the paid hours worked a week”. I just saved the people in London half a day of non-paid working hours, which might get more people into jobs as well.

I will of course as per today humbly accept my knighthood (should it be offered).

 

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The Governors act

In amongst the 82.4 things (roughly) I have to do on a daily basis, the fleeting moments I have to myself are fleeting indeed. Whether I keep myself busy, keep myself occupied or keep myself distracted does not matter. My mind does not stop working. It was during these activities that an article on Steven Seagal crossed my eyesight. The article was part of the ‘problem’. It was a minimal associated press message on how the Actor Steven Seagal is considering to be running for the position of Governor of Arizona (at http://www.theguardian.com/culture/2014/jan/05/steven-seagal-arizona-governor).

A mere 140 word article, surrounded by 8,000 characters of ‘notifications’! Is that all that the Guardian was capable of? The Independent made a much better job of it adding a few things (at http://www.independent.co.uk/news/people/news/marked-for-governor-steven-seagal-hints-at-arizona-election-bid-9039937.html), my response to that is well done Tim Walker!

So what is the beef I have? Well, many of us, and to some degree me too when I was a lot younger did not take the idea of an actor going into politics very seriously. But is that not at the heart of our own folly? Let’s face it, especially in America; the elected official is a spokesperson for the people who elected him/her.

Even nowadays, many actors become so after getting a University Master’s degree that that tend to include Communication and Media.

Ronald Reagan as the former 40th President of the United Stated will likely remain the most famous of them all. Yet, the other names are not without distinction. Arnold Schwarzenegger as Governor of California and one of the more interesting names would be Jesse “The Body” Ventura, who was a professional wrestler, actor and became Governor of Minnesota. The rumour that the bears were so afraid of this governor that they left for the Dakota’s is still unconfirmed. 😉

Finally there is John Lodge who after a decent actor (playing with stars like Shirley Temple and Marlene Dietrich), who would serve in WW2 in the US Navy and become Governor of Connecticut.

There are also several actors who decided on other governmental roles like Alan Autry, Clint Eastwood and Jack Kelly. They became Mayors and several actors went to the House of Representatives.

So many took up arms, did their bit and after making loads of money (in acting) decided to do something for their nation. Is there any worthier cause then to represent the people around you?

So, when that flimsy report of 140 words came on a Guardian page, I thought it was time to take another look at a few things.

First of all, some of the negative responses we see thrown at Steven Seagal are not without ‘reason’. The man has not played the upscale roles Al Pacino played. Is that his fault? When movies go well we all want a piece of the glory, when they are mediocre or bad it is always the fault of the actor, it seems unfair as the movie comes from a ‘vision’ of some director, limited by the funds of the producer. I know that there is more to all this. What is known is the fact that he was the centre part in half a dozen blockbusters that made loads of money. The interesting part is that although these movies were not successful, Seagal made several movies aimed to instil environmental consciousness into the viewers of the big screen.

With numerous acts of activism in protection of environment and animals, it seemed to me that this person deserved more than a mere 140 words. In addition, with what we have seen in the last 20 years, how the quality of all goes up as the spokesperson achieves better goals for them, is it so strange that Actors see this as an option when they leave the tinsel town stage? Let us not forget that the roles these wealthy stars occupy in choices from deputy sheriff to governor go from $48,000 to $125,000 a year (average incomes). For these actors, in many cases it is less than peanuts as they have millions stashed away from their previous careers. Before you think it is easy money, consider that a mid-level banker lacking accountability makes somewhere 200% and 24,000% of the average income of a US governor, depending on which bank that banker ends up with.

The biggest issue I have is that all these papers (LA Times, Washington Post, Guardian and so on) they all just used the Associated press part, with a mere 140 words to mention the name of a possible new governor, all of them ending with the line ‘he wants to increase border security‘.

It was only at www.bizpacreview.com where the following was quoted: “During the interview with ABC15, Seagal said he’s had discussions with Arpaio about a potential run, but does have other priorities to consider. When asked what the country’s number one problem was, Seagal’s response was ‘open borders.’ I think that our biggest problem is open borders,” he said. “I think that across these borders, any kind of terrorism can come, and does come. I think this is a tremendous oversight by the current administration.

Actually, he only has a partial point in my humble opinion. This issue has played for a long time and the non-actions have been visible all the way back to former President Bush. With its 1950 miles it is the most open incursion area for the United States. The rumour on Al Qaeda getting ‘assistance for a fee’ from Mexican drug cartels has been just that, a rumour.

Linked to this is a statement from Louie Gohmert, R-Tyler, who said on C-SPAN’s ‘Washington Journal’ April 17, 2013: “We know al Qaeda has camps over with the drug cartels on the other side of the Mexican border. We know that people are now being trained to come in and act like Hispanic when they’re radical Islamists. We know these things are happening and… it’s just insane not to protect ourselves.

Here is the kicker, actual evidence has not yet be shown, which is also no evidence that it is not true. The issue for the possible future Governor of Arizona is that his/her 370 mile stretch is almost 20% of that entire borderline. Even if that border was strengthened by a wall, it would not stop the other 80% of the border getting any safer. My issue is that Steven talks a good talk, but the US budgets, the way it is in now clearly indicates that there will never ever be enough money to get these borders secure enough. Whatever the solution it is he wants to implement, it will cost, and it will cost a lot. Until economic prosperity gets back into Arizona, his hands will be tied. Let’s not forget that on the number one spot employer in Arizona is Wal-Mart (the same one where they have mastered the art to pay below the poverty line).

So, whoever ends up in the governor’s chair, his or her goose is slightly cooked. There is of course a creative alternative. He/She could bestow most of Pima County (the southern part or Arizona) to the Navajo, with the only duty that they keep their southern border secure. It is not the worst idea to see these terrorists return to the eternal hunting grounds as a slightly more scalped edition? Is it?

So in the end, should this job go to an actor? Whatever he is labelled as, he has proven to be a fighter, a humanitarian and a philanthropist. Here is where the fight gets interesting. He will go up against Jan Brewer. As a Republican she had increased tax earlier stating that she was forced to ask for the increase due to the state’s $4 billion state budget deficit. In addition, she had been rated as one of the worst governors in America. As such Seagal has more than just a fighting chance. If he can do something about the income of the 30,000 at Wal-Mart in his future state, he could be getting a landslide victory.

This gets us to the actual people in power, meaning those behind a governor advising him/her. Here is where it gets interesting. Those people need funding and sponsors, which makes it interesting for big business to get the right person in power. This means that whatever Steven will try to improve, the places like Wal-Mart will have every intention to get the person elected who serve their purpose. You can read more about that part at http://www.huffingtonpost.com/al-norman/walmart-lobbyists_b_3632526.html. One of the quotes that come out strong is “the contributions of the Wal-Mart Stores political action committee to federal candidates and other political committees has grown rapidly during the past decade.

So, when we consider the power Wal-Mart has, we should also wonder who they prefer, Jan Brewer or Steven Seagal. Because behind the power of Wal-Mart hides a fistful of billions, which makes for one mighty punch.

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the upcoming currency

We have seen many events this last year. For the most, in many nations it had all been about hardship, bills, Economic downfall and more hardship. Even though the UK said the hard times are over, it is clear that many see and feel that the hard times are far from over and even though the economy is slowly returning, that moment of less personal pressure is nowhere near at the moment. The same could be said for the US. They are worse off (source at http://money.cnn.com/2013/09/17/news/economy/poverty-income/ ). This means that in the US, one in 7 is now in poverty. I thought that this was a unique number, but it seems that 1983 and 1993 had similar numbers; I actually had not known that. What makes this worse is that in 1993 the US debt was just over 4 trillion and in 1983 it was a third of that ($1.3T). So when someone tells you that it was like this in the past and it will all be better, then he/she will be lying to you.

Why does it matter?

The issue I have is that the LA Times reported this (at http://www.latimes.com/business/money/#axzz2p7uudgwk) ‘Dow finishes year up 26.5% in record year for stocks

Now, many of you (me included) have made the same mistake, a good Dow does not make for a good economy. If so, then one in seven would not be in poverty and the US would not be down well over 17 trillion dollars. This statement is one that I cannot stand behind, because the evidence is strongly overwhelming. Consider what many might have seen on the news (Sky News, Fox News, CNN, BBC World). It seems that staff at Wal-Mart is not doing too good. (at http://articles.latimes.com/2013/nov/20/news/la-ol-walmart-thanksgiving-living-wage-poverty-20131120). So we read that “its Canton, Ohio, store decided to organize a Thanksgiving food drive for fellow workers.” It was also nice that a celebrity like Ashton Kutcher is outraged over this. So, we see that Dow is up, because Wal-Mart is paying below the poverty line. How is this any representation of a fair America?

Under these conditions, the only fair thing Americans can do is to avoid Wal-Mart and shop at their local shops. It is quite simple, when Wal-Mart loses a massive size of their $17 billion revenue, when this money goes to local shops, they will be hiring staff. It might be a win/win situation for those currently on poverty. The MSNBC article (at http://www.msnbc.com/the-ed-show/leaked-document-shows-what-walmart-really-pay) shows a grim situation. Is it enough to see it as exploitation at best or slave labour in a slightly more realistic setting?

There is however more. It seems that McDonald’s is on that same horse. (at http://www.theguardian.com/world/2013/aug/10/us-fast-food-protests-wages). Whether this is just a US problem remains to be seen. There are all kinds of jokes one could make on slave labor and an African American president, but you get the idea. There is no way that this does not hit him in any way as this happened on his watch! The question becomes how awake has he been whilst this was happening? When at least 6% of the Dow is created due to slave labour, it seems to me that questions should be asked on all matter of levels (which they are not). It is in that light that I find the Dow results very distasteful and wholly unacceptable.

When places like Coca-Cola pay 9% above the market rate and they are doing fine, why can’t others follow that same example? I must admit that 9% is indeed really good, but it is possible that Coca-Cola has evidence that this yields better and more loyal results. ‘Good for Coke!‘ I say (that slogan is likely to do very well in New York, L.A. and Amsterdam).

So, how is it all related to an upcoming currency? Well, is it that hard to believe that Wall Street will soon introduce the Dow Dollar? I am not talking about the Dow Jones FXCM Dollar Index, no I am talking about an actual physical currency. When (not if) America faces a total collapse, as any bankrupt nation is likely to face, then what will happen to the coinage on a global scale? Do not for one second think that Wall Street is waiting for that to happen, it might be that they have backup plans in place at this very moment. There will be a debate whether that coinage currently has an actual name. If you think that this is not happening, then think again. Do you think that a group of power players controlling Wall Street, who decide the fate of Trillions (of which hundreds of millions are theirs) do not have an alternative in place?

The sad part is that these Trillions are likely gained through tax shelters and tax havens. This is for now all perfectly legal, but when one in seven is in poverty, it shows a massive imbalance between the have’s and the have not’s. In addition, consider that the 442 billionaires the US have, several members are there because of their share of Wal-Mart. In opposition we see the owners of Coca Cola and Mars (the candy) and they made the list whilst paying their staff really well, so apparently slave labour versus a good product shows that a good product gets you there too!

Back to the coinage!

So this new dollar, which by the way is unlikely to be some ‘Bit-coin’!

I have had my issues with this on several levels as I wrote in the Wall Street Journal last July, where I wrote “until we can see some level of genuine foundation the fear remains that bitcoin has a danger to become the new detergent to launder all kinds of currencies. If that does happen, when the bitcoin is regarded by governments as devalued at 94%, what would be left?

That part is supported by an article last month (at http://www.theguardian.com/commentisfree/2013/nov/18/bitcoin-senate-hearings-regulation), the Guardian also published this in addition at http://www.theguardian.com/technology/2013/dec/10/apple-blocks-bitcoin-payments-on-secure-messaging-app-gliph. So, there is an issue with a virtual currency! In all fairness, when a ‘bank’ changes value of a coin, where $400 in Bit-coin rises to $250,000 to those same coins within a few years, something is definitely wrong. Money doesn’t grow and yes we need money to make money, but it will never grow to this extent. This looks like all the makings of a new marketed pyramid scheme and after these fortunate ones are done, we will see a massive collapse, because it is all virtual currency. Then what? Who will then be held accountable? Currency not supported by any valued mint (like Gold as currency used to be set against) is likely to yield a catastrophic result to the owners.

This brings us back to that Dow Dollar. At present, the US bankruptcy remains a reality and when that happens, where will currency go? Let us not forget that the US debt ceiling becomes a reality again in February 2014. Nothing was ever resolved and the US is still no closer to getting its own house in order. The moment this escalates and fear of the future becomes a reality, stocks will go down quicker than the German Deutschmark in 1923. Can it all be prevented?

First of all, when an economy is getting better, being tax accountable is a first, the fact that through economic and international lawyering this is no longer a case remains to be fixed. There have been too many delays on that path. In my (debatable) solution all members of the Dow 30 will make an annual 1% contribution to the US treasury. If you as a member get this prestige, you get to pay for it! It is a founding principle that actually came from the United States. On the other side, the government with that accepts responsibility to become more than just budget neutral. Overspending should end and the US must not be allowed to spend above the amount of taxation collected. So no 100.01%, when this budget is reached, IT SHUTS DOWN COMPLETELY!

This means also means that politicians would officially be held accountable for their budgets and will serve time in prison when they fail (that should make an immediate rise to able personnel instead of these ‘friend of the senator’ positions). Lastly, that 1% contribution goes towards paying off the deficit. These funds are not allowed in any way to be used towards some payment or budgeting scheme.

You see, when people behind Wal-Mart and McDonalds make so much money that they get to be on the billionaires list, whilst their staff members are in poverty; we need to shake their houses in order. Sending invoices are a first step on that path. If they do not comply, they go to jail and their companies become nationalised. I know, it is extreme, but consider the validity of justice when a billionaire actually goes to jail (something that seems to only happen in Russia), it might make them clean up their act and it also gives rise a first anti-greed wave. This is something that had been long overdue.

So will this so called ‘Dow Dollar’ become reality? Yes! It will happen 0.021 seconds (roughly) after imminent bankruptcy is declared by the US treasurer (which is likely to be done from a plane or an airport location).

Have a nice 2014 and keep an eye on your savings!

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