From: devcarter@iinet.net.au   
      
   Joe Bloggs needs national secularism not Obama doublespeak   
   ============================================   
      
   What Obama / Keating / Rudd sermons on the parlous state of the world   
   economy discus are peripheral side show alley events- they address the   
   symptoms of imminent death of the current plutocratic order which   
   lassaire fair capitalism became. But this world order is what they   
   love, the only game they think they know and like good theists across   
   the globe they preach "responsibility" to their masters not order the   
   implementation of national secular policies that mandate change in a   
   desired direction. Theists are underlings not masters- the plutocrats   
   via manipulation of theists cadres run them, not the other way around.   
   At the head of the bunch of manipulators are the Zionist neocons-   
   pushing for a militarist Pax Americana abroad and a Wall Street run by   
   Madoffs cronies.   
      
   The game is up - no stimulus package can awaken the dead. The   
   alternatives of the future orders are either national secularism or   
   Judeo-Christian fascism- pure and simple. We know that we are on the   
   same disparity of wealth between the plutocrats and their underlings   
   that existed in 1928 just 1 year before the great depression.   
      
   Robert Reich recently gave us the numbers. The top 1% on the rich list   
   skimmed 8 to 9 % of total income in 1980 and by 2007 that pie had   
   increase to a whopping 22% of total income. He went on to say: "the   
   last time that the top one percent held over 20 per cent of all of   
   national income in a given year was the year 1928, and we know what   
   happened in 1929. [The beginning of the Great Depression]   
      
   In the decades since the last world war plutocracy undermined the   
   checks and balances to re-establish itself as the dominant political   
   ideology opportunistically working the business cycle and the tax   
   regime to its advantage- so that the plutocrats control the viable   
   assets and the outsiders are burdened with a mountain of unsustainable   
   debt.   
      
   Politicians do not address the wealth disparity issue because they   
   delivered to the plutocrats a neo-liberal agenda that permitted a   
   plutocratic hijack of the free market and ultimately a fiscal   
   holocaust where the underclass could be decimated by declining   
   fertility rates in a hundred years or so, as a new slave class   
   gradually recruited as immigrant labor replaced them.   
      
   To understand plutocracy you need to understand how this gigantic   
   ponzee or pyramid scheme evolved exploiting the business cycle with   
   its witches' brew of inflation and deflation, profit and debt and the   
   regulation of the money supply. For the rich to get richer they merely   
   have to ride the business cycle so they win both ways - riding the   
   boom and riding the bust. The underclass is the victim during the bust   
   -so they face either unemployment or under-employment and saving are   
   eaten up during recessionary times so their capital as savings is   
   quickly replaced with debt. Plutocracy doesn't like competitors so   
   what could be better for their interests than a permanently indebted   
   underclass that would be forever servicing existing debt on a mortgage   
   or a credit card even in the boom times where the equities market is   
   the place to invest.   
      
   Inflation and the money supply can be exploited by the plutocrats. If   
   interest on savings does not keep pace with inflation, Joe Bloggs   
   cannot save his way out of the plutocratic debt trap as ever dollar   
   earned at any point in time will depreciate in value over time- the   
   longer he takes to spend it, as real assets are gobbled up by the   
   plutocrats.   
      
   In Australia and other plutocratic countries, the debasement of the   
   national currency served the interests of plutocracy because it closed   
   a back door by which Joe Bloggs might protect his savings. Joe Bloggs   
   paper currency used to be convertible to silver coin. If he was lucky   
   enough to earn average weekly wages in Australia during the mid 1960's   
   - its silver content was approximately 43 troy ounces. His earnings   
   were both a monetary asset and a real asset.- the free market smelt   
   value of the coinage. If he had stuck his wage packet in silver coin   
   under the bed it would have been an asset that protected his interests   
   from the effect of inflation- some 43 years latter is would still be   
   roughly worth the equivalent of the current Australian average weekly   
   earnings pay packet approximately $826 in today's dollars.   
      
    Now under plutocracy's debased currency, given that paper currency is   
   now convertible only into virtually worthless nickel - a loss of value   
   due to inflation of a whooping 645% is the result had he tried to   
   protect assets by the same method.   
      
   The effect of the debasement of the currency by plutocracy meant that   
   the underclass had no rational reason to save earnings, since the   
   purchasing value of wages would be undermined by inflation in short   
   order. Joe Bloggs' savings put away in periods of employment would be   
   drawn upon in periods of unemployment and interest earned would not   
   compensate for the fall in purchasing power as real assets became   
   inflated.   
      
   An Australian home during the late 1960's when paper dollars were   
   still convertible to silver could be bought at 50 times average weekly   
   earnings.   
      
   On today Australian market the same home is now 400-500 times average   
   weekly earnings given today's inflated market.  Plutocracy is best   
   able to ride the boom and bust cycle and use their system to increase   
   their net wealth at the expense of Joe Bloggs and the middle class who   
   fall into their debt traps by borrowing more than they can ever hope   
   to service in the long run.   
      
   There is no meltdown in the global economy just an acceleration of the   
   plutocratic process of the haves helping themselves to more assets at   
   the expense of the have not underclass, who increasingly fall into the   
   debt traps engineered by the debasement of currency and the ramping of   
   asset prices. Now just suppose Joe Bloggs had a win-fall in heritance   
   from his rich aunt and now had some cash in the bank to buy a house   
   when the free market leveling after the housing bubble brought house   
   prices back down to a natural free market level.   
      
   In steps Obama not with a national secular plan to rescue the Joe   
   Bloggs but a plan to rescue the plutocrats by creating a bad debt bank   
   using Joe Bloggs' tax dollars. Under lemon socialism Joe Bloggs will   
   still not be able to afford a home because Obama will be propping up   
   prices while burdening him with government debt and the plutocrats   
   will be given a leg up to plunder a greater share of the pie than they   
   already control.   
      
   As the number of victims joins Joe Bloggs in under-employment, Obama,   
   Keating and Rudd want to become moderates settling the myth that they   
   are in control of the plutocratic economy. So as pretenders and   
   apologists their doublespeak draws attention to aspect of the   
   macro-economy: debtor nations versus creditor nations, neo-liberal   
      
   [continued in next message]   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)