As Pepe Escobar explains, way beyond economy and finance, this is essentially about geopolitics - as in emerging powers offering an alternative to the failed Washington consensus. Or, as consensus apologists say, the BRICS may be able to "alleviate challenges" they face from the "international financial system".
The first big wave of embracing a liberal international economic order - relatively free trade, rising international capital flows and rapidly growing global economic integration - resulted in something remarkable. Between 1870 and 1914, there was a 45-year span of rising living standards, stable prices, massive capital investment and prolific technological progress. In terms of overall progress, these four-plus decades have never been equaled — either before or since. Then came the Great War. It involved a scale of total industrial mobilization and financial mayhem that was unlike any that had gone before. In the case of Great Britain, for example, its national debt increased 14-fold.
One hundred years ago today the world was shook loose of its moorings. Every school boy knows that the assassination of the archduke of Austria at Sarajevo was the trigger that incited the bloody, destructive conflagration of the world’s nations known as the Great War. But this senseless eruption of unprecedented industrial state violence did not end with the armistice four years later. In fact, 1914 is the fulcrum of modern history. It is the year the Fed opened-up for business just as the carnage in northern France closed-down the prior magnificent half-century era of liberal internationalism and honest gold-backed money. So it was the Great War’s terrible aftermath - a century of drift toward statism, militarism and fiat money - that was actually triggered by the events at Sarajevo.
This week’s news certainly WASN’T BORING. Big events and small add up to unfolding CHAOS around the WORLD. This week’s subjects: American Empire on FIRE!, Out on a LIMB: Credit Unions facing INSOLVECY, Is rising indebtedness a sign of economic strength?, Bond YIELDS continue to collapse as the race for yield INTENSIFIES, George Orwell in Action, Showdown looming at the OK corral!, Simply UNBELIEVABLE SOVEREIGN credit market action, PHANTOM GDP, Rare INDEED, Must watch video interview with Charles Nenner,European BANKING SYSTEM INSOLVECY
"We are seeing the most dangerous trend ever. There is an agenda behind the curtain and that is to sustain government at all costs and that includes everything you own."
While the "use of armed [unmanned aircraft systems] is not authorized," The Washington Times uncovering of a 2010 Pentagon directive on military support to civilian authorities details what critics say is a troubling policy that envisions the Obama administration’s potential use of military force against Americans. As one defense official proclaimed, "this appears to be the latest step in the administration’s decision to use force within the United States against its citizens." Meet Directive 3025.18 and all its "quelling civil disturbances" totalitarianism...
Fascism has been a term applied to the manner of organizing a society in which a government ruled by a dictator/bureaucracy that is unelected or a republic with pretend “lifetime” politicians, controls the lives of the people and in which people are not allowed to disagree with the government. Such systems have always placed the “good” of the state before the worth of an individual. Government has abused its power and looks upon the people as a herd of unwashed wild animals for them to drive in whatever direction they desire for their own self-interest. They retain that power by preaching to the ignorant that they are never the problem, it is always the “rich” who refuse to turnover everything they own so politicians can live high and mighty. This is why Thomas Jefferson, Madison, Adams, Washington, and Franklin, just to mention a few, forbid direct taxation. They experienced that the power to directly tax the people destroys the liberty of the people for once a direct tax is imposed, you must account for whatever you do, earn, and have. The future of the present and younger generations is being systemically wiped out and therein we will discover the seeds of revolution.
"Only through a historical perspective can we fully understand the profound developments of our time and glean, perhaps only dimly, where they are taking us. One thing is clear: they are taking us into a new era. The only question is how much disruption, chaos and bloodshed will attend the transition from the Old Order to whatever emerges to replace it."
While many have pointed out that the Middle-East/Far-East are drifting to a more "Orwellian" world and the West is a more "Huxleyan" environ, the merger of the two dystopias is seemingly growing each day. As The Guardian previously noted, Huxley's dystopia is a totalitarian society, ruled by a supposedly benevolent dictatorship whose subjects have been programmed to enjoy their subjugation through conditioning and the use of a narcotic drug - the rulers of Brave New World have solved the problem of making people love their servitude. On the Orwellian front, we are doing rather well – as the revelations of Edward Snowden have recently underlined. We have constructed an architecture of state surveillance that would make Orwell gasp. The most striking parallel of course is that both men foresaw the future as totalitarian rather than democratic and free. Both Big Brother’s world and the Brave New World are ruled by authoritarian elites of a basically socialist/communist nature, whose only real purpose is the maintenance of their own power and privileges.
The war drums are booming and those among us susceptible to the blood lust beat are beginning to rouse.
The profane alliance between big banks, big corporations, and big government has created the Big Brother surveillance society we are living under today. And 95% of the populace is either willfully ignorant or perfectly happy with a boot stomping on their face forever. We have willingly become hopelessly enslaved while believing we are free. A population unable or unwilling to think critically doesn’t comprehend the extreme danger to our civil liberties from the unwarranted intrusion into our private lives by a surveillance police state bent on bribing, coercing and silencing dissent, truth and First Amendment rights.
While the stats of the union remain unremarkable at best, it would appear that despite the rancor in Washington, President Obama will get his way "whatever it takes." As the WSJ reports, the State of the Union address Tuesday night will emphasize his intention to use unilateral presidential authority — bypassing Congress when necessary — to an extent not seen in his previous State of the Union speeches. "We need to show the American people that we can get something done," Dan Pfeiffer, a senior White House adviser, told CNN; it seems no matter how totalitarian and unconstitutional it would appear to be.
When facing a corrupt system, provide for yourself and your community those necessities that the system cannot or will not. Become independent from establishment-controlled paradigms. If you and your community do this, the system will have one of two choices: 1) Admit that you do not need them anymore and fade into the fog of history, Or... 2) Reveal its tyrannical nature in full and attempt to force you back into dependence. In either case, the citizenry gains the upper hand. We are hard-pressed to think of a better recent example of the non-participation principle in action than the rise of Mexican citizen militias in the Western state of Michoacan.