Definitely.

Too much at stake, like the entire virtual financial engine, built on gloom, yet yielding an economy of high profits, low investment, low growth and wages. No benefit to life whatsoever.

If only it stopped there, but the influence, as opposed to any wealth/capital, generated by this insanity has flooded most odiously throughout all sectors. Most business models, strategies, and technical support are honed toward supporting the dealings of the high rollers. Food, water, health care, any NGO services must conform to business models of corporate efficiency. Education is the saddest, in which the system has, as Sir Ken Robinson, a creativity expert and author of "Epiphany", put it at a TED conference in 2006, "*strip mined our minds*" for a very specific commodity, *"and it won't serve us in future."*

This is one tough battle, comparable to trying to overthrow monarchies of old while the princes are the government, ensuring laws accommodate their purposes. Worse still, they own the media.

But wait, there's more!!!

Throughout all this distraction, we've shelved arms/nukes/bio-weaponry sales and development as a pet peeve. In terms of profit, it pales in comparison, yet continues to be the biggest threat to life because it's the biggest business going that delivers material wealth/power without much in the way of regulations. It's the muscle to ensure corporate pillaging.

One of the most educational commercial films I've seen lately is "Lord of War", supposedly based on actual incidents, about a Ukrainian immigrant to New York who quickly becomes one of the most "trusted" arms dealers in the world. His defining moment comes when the Ukraine makes about 32 Billion in military wares disappear overnight after the Soviets pull out. At the beginning of the film you have Nick Cage turn to the audience and state that there are about one in twelve people on the planet who possess a fire arm, and as a broker, his job is to figure out how to ensure that everyone else owns one. Surprisingly AK 47s are the most pervasive, and have eliminated more people than nukes. Africa was (is?)this lord's favourite place of doing business. Despite being finally hunted down and nailed by a dedicated CIA operative, the lord assures the star agent that though he will be commended for doing a great job, he will walk away a free man because governments need him to peddle their wares. And he does.

Interesting system to allow such monsters. Time for change, but that's for the next post.

Natalia



Christoph Reuss wrote:
Natalia wrote:
to honour Angela Merkel's ban on "naked"
short selling and on purchases of CDS on eurozone gov't bonds

The reaction from her "masters" in other EU powers was quite telling:
They opposed this necessary measure and complained that Merkel
had not asked them before introducing this measure (which she did
only due to domestic pressure, btw).  In other words, they wanted
the pillage of Germany by the speculators to continue.

Chris



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