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UNITED STATES, REVOLUTION OR EVOLUTION

By: seretis send a private message
Hawley : PA : USA | 2 months ago  
Views: 18

TIM SERETIS 1821 HEMLOCK FARMS, HAWLEY, PA 18428

570-775-9637,

efthimios1@verizon.net, www.seretisnotes

.com

From almost every point of view the situation facing people everywhere, here in the Unites States and the world, grows daily more painful. The economic chaos resulting from years of unlicensed greed and heartless competition lays waste the honest toil and aspiration of countless millions. On the whole, people of money go blithely on, their treasure intact, while men and women in every country face joblessness, poverty and fear. More accurate readings of climatic changes show people how close this planet is to irreversible calamity, and alarm bells sound loudly on many political fronts, raising to new levels the factor of stress.

How much more of this tension can humanity bear? For how long will people in the United States and the world accept, mildly, their fate? Desperate people do desperate deeds and already in their minds, if not yet in their actions, many contemplate revolution.

We wrote this way back in 2006, and look at what is happening today!

On 18 March the World Economic Forum will take the next step in the drive to reform the international monetary system. In cooperation with selected finance ministries and central banks of G-20 countries, a roundtable will take place in Adelaide, Australia. The objective of the roundtable is to identify new arrangements that will ensure a more smooth and equitable international financial system in the 21st century.

International Monetary Convention Project.

The wave of financial crises in the last decade has generated a consensus that the international financial system needs to be reformed. But there remain profound disagreements among policy makers and the private sector concerning how far and deep the reforms should go.

To capitalize on this opportunity for progress, the World Economic Forum and the Reinventing Bretton Woods Committee, in co-operation with selected finance ministries and central banks of G-20 countries, are organizing a year-long series of public-private roundtables on the future of the international monetary system.

This project seeks to provide input into the deliberations of policy-makers by convening them for off-the-record sessions with some of the world’s leading private sector and academic authorities.

Some of the two-day roundtables are organized around G-20 meetings, in cooperation with the host government. Each roundtable is supported by research papers written by prominent academics, officials and private sector participants.

This will culminate in a final publication to be issued in late 2006 that will include a summary of key findings from the roundtable series as well as a selection of the research papers prepared for the project.

For the edification of Seretisnotes.com readers, we would like to offer a short explanation of this “International financial system.”

When most people think of “international finance system”, the biggest banks that come to mind are the IMF and the World Bank. And certainly these entities are in the upper echelons of the international monetary system.

But there is a very little known bank, which since World War 2, has ruled over and set policy for all central banks on the earth. This bank is called the Bank for International Settlements.

The history of how this bank that no one knows much about happened to come into power over all the banks of the earth is a story best told by its own history page: The establishment of the BIS


The Bank for International Settlements was established in 1930. It is the world's oldest international financial institution and remains the principal centre for international central bank cooperation.

The BIS was established in the context of the Young Plan (1930), which dealt with the issue of the reparation payments imposed on Germany by the Treaty of Versailles following the First World War. The new bank was to take over the functions previously performed by the Agent General for Reparations in Berlin: collection, administration and distribution of the annuities payable as reparations. The Bank's name is derived from this original role. The BIS was also created to act as a trustee for the Dawes and Young Loans (international loans issued to finance reparations) and to promote central bank cooperation in general.

The reparations issue quickly faded, focusing the Bank's activities entirely on cooperation among central banks and, increasingly, other agencies in pursuit of monetary and financial stability.

Now, if the reader has been diligent to educate themselves on the “Young Plan”, then they know that the “Young Plan” was introduced because the “Dawes Plan” of World War I had failed!

Yet, the astute reader will note that the Young Plan was a reform of the failed Dawes Plan. And the astute reader will note that the reforms of these international monetary systems were built upon the first World Wars, and mirror the reforming of the League of Nations to the United Nations.

So then, how did this international monetary system, established to handle war reparations, spread its authority out over every central bank on the earth? Well, that is why it is called WORLD WAR, dear reader.

“TOMORROW BEGINS TODAY IN MAKING PEOPLE AWARE”

 

THE UNITED STATES OF AMERICA

REVOLUTION OR EVOLUTION

 

Millions of jobs lost today can be traced to millions of jobs raped yesterday by our elite leaders. The basic issue today is the same as it was back in the days when I first started to bring forth issues and concerns about our economy and U.S JOBS!!! Two dire problems have befallen us recently, but out of darkness light is born, so let us hope that these disasters awaken us to a new dawn.

The horror of September 11, 2001, and the present economic chaos, if not worse, are basically the result of the same derelictions. They are failure to monitor our country’s policies, as perceived throughout the rest of the world, and as they are affecting our country here at home, by our presidential administrations going back several decades. They are no less the failure in oversight on the same two counts by our Congress during the corresponding span of time.

Job losses were ordained when the Reagan Administration decreed that this country was to become a high-tech society, a service economy and was to enter the post-industrial era. Such policies drove out relatively high-paying manufacturing jobs. They were replaced by low-paying service, retail, clerical, fast-food and other non-manufacturing jobs, many of which have been literally destroyed by one or both of these calamities.

Making things (manufacturing) make sense and real jobs. Making comparatively nothing makes nonsense and perishable jobs (services). Certainly neither is without risk. However, the risk is far lower if we have jobs making things for our own use and consumption, then for sale to the export market.

As it stands, however, we can not make even some of the products that are needed to prosecute the war against terrorism. Being unable to supply our military totally from our own shores is just plain dangerous for our defense, not to mention damaging to our real jobs availability (relatively high-paying jobs).

Should we depend upon former, as well as potential enemies for some of the means necessary to protect ourselves because we no longer can or make these products ? I don’t think so.

China and Russia, as well as others of similar stripes don’t exactly inspire great confidence as suppliers of critical materials for our future peace and well-being. With apologies to our State and Commerce Departments, convoluted logic often turns out to be less than logical. To put it another way, when you go up a busy one-way street that is supposed to be down only, it does not really matter which side of the street you use. Generally there is one result---CRASH!!

Back to the Reagan years, President Reagan did many important things for this country, such as furthering development, restoring patriotism, rebuilding our defense capability, facing down the Soviet Union, rejuvenating our faith in ourselves as a nation and more. HOWEVER! From the standpoint of real jobs for the American people and maintaining our essential manufacturing base, here are a few questions that were posed to his administration which met with disturbing replies or no answers at all. These are not verbatim answers, but they are the essence of responses from that administration.

“HOW MANY MILLIONS OF AMERICANS WILL BE UNEMPLOYED BY THIS MOVE TO A HIGH-TECH SOCIETY? WE DO NOT KNOW”

FOR HOW LONG WILL THEY BE UNEMPLOYED? WE HAVE NO WAY OF ESTIMATING THE TIME”

WHAT WILL PEOPLE WHO LOOSE THEIR JOBS DO IN WHAT MAY BE A TWENTY OR MORE YEARS? WE SHALL HELP WITH RE-TRAINING”

HOW DO EXPECT TO RETRAIN PEOPLE WHO ARE OLDER, PEOPLE WITH LACK OF EDUCATION, PEOPLE WHO ARE NOT SUITABLE FOR RE-TRAINING, PEOPLE WHO WOULD NOT BE HIRED REGARDLESS OF TRAINING FOR REASONS OF BACKROUND, UNSAVORY RECORDS, ETCTERA? NO REAL ANSWER”

“WHAT WILL BE DONE WITH THE PEOPLE WHO CAN’T BE RE-TRAINED OR COULD NOT SECURE A JOB EVEN IF THEY WERE RE-TRAINED? WE DO NOT KNOW YET”

HOW MANY BILLIONS OF DOLLARS WILL BE REQUIRED? HARD TO SAY”

“IF YOU KNEW HOW MANY BILLIONS WERE NEEDED, FROM WHERE WOULD THEY COME? WE HAVE NOT YET DETERMINED THAT”

HARDLY REASSURING ANSWERS TO CRITICAL QUESTION!!!

These questions were posed a little more than twenty years ago. What we have seen since is many people working two or three jobs to keep families going on a desperate survival basis. NAFTA, under the Clinton administration, siphoned more and more jobs out of the country. Job “globalization” under the Reagan, Bush I, Clinton and Bush II administrations compounded the job losses like a jet vacuum cleaner sucking sand from the ocean floor. More of the same is to come from another free trade agreement covering the entire Western Hemisphere unless it is stopped.

So, what was set in motion decades ago, tragically has come to pass. Real jobs in too great numbers have disappeared, cheap (non-manufacturing) jobs have swelled. Low and moderate income people have been hurt severely. Wall Street, corporations, and people in their upper ranks, along with people who had money to “invest” or to risk, did very well, (since they had the inside track). On the other hand, those who were not privileged to have an inside track, took a bath on the “old economy”, and were blown away by the dot coms of the new economy. The players continue to play and make lots of money, and it does not matter if the markets go up or down, or mergers and acquisitions and bankruptcies occur they still strike it rich. These same people buy solid enterprises cheaply, because such companies have gotten into cash trouble, (balance sheets destroyed by stock looses).

Let us re-trace our steps back to the Reagan years, and Reagan’s economic policies, which were the beginning of the rift of new billionaires and at the other end of the rift, the millions fighting to keep body and soul and family together with too many jobs paying too little money. When households can’t meet their needs with one income, the family pays a high price with children frequently on their own. The society suffers because of a loss in values by their children and possibly even more, by their parents. This cycle goes on, repeating itself with each new generation.

The Reagan policies created more and more high -risk family situations. Too many jobs required in one family to make sheer survival into what is called “living”. This situation was a result of moving jobs out of the United States to nations where labor was cheap. Another reason for the same dire consequences was selling our manufactured goods markets to whatever companies offered the lowest prices. Initially these companies saw the opportunity to produce in such countries like Japan, China, Mexico, etc. with low labor costs. U.S companies and greedy executives saw an opportunity to produce in such countries and then turn around and sell them back in our country and create a bigger profit.

U.S companies were able to increase their profits greatly, and what this meant was millions of real U.S jobs lost to other nations. U.S companies even shipped parts to other countries, assembled the final product there and shipped back for sale in the United States. A great example is the auto industry, as cars were assembled in Mexico and shipped back to the U.S for sale.

These economic and market changes were accepted by certain Americans for one or various combinations of three reasons. First, they did not understand the real losses to our country (they did not loose their jobs). Second, all they saw was that they were paying lower prices for things they bought (imported), car , shoes, clothes, computes, TVs, anything and everything they needed or thought they did. The deprivation of their fellow citizens was either unseen or rationalized. Third, all societal pressures of having it all convinced them that having an SUV or bigger house was more important. It was more important than having mom and dad working three or four jobs, while the kids were in daycare and later on their own, instead of one or the other being at home taking care of those kids.

The new economic structure, along with the financial magic involved, led to the accumulation of large sums of money by many organizations and certain people. Much of this money and new technology were invested in the “new economy”. The “old economy”, making things in brick and mortar structures here in our own backyard, and selling such things had passed. So, out of nowhere and in no time came the dot coms.

Whether or not these dot coms had a business plan that made sense, or they made a profit was irrelevant. Wall Street , and the financial community as a whole, saw a bonanza in the offing and beat the drum of greed, literally to death, so that in due course emerged what was called the “dot com bubble”. As with all bubbles, it burst!! With it went millions of jobs and trillions of dollars in bewitched investors money.

So, because of this economic delusion and the horror of September 11, 2001, our great country is in recession, if not worse, thanks to greed and tragedy. The U.S economy is affecting that of much of the world which will make a return to economic health far more difficult. Jobs here and elsewhere in the developed nations, let alone the third world, will be a dire and dangerous problem for the future.

The reasons that both of these traumatic events, 9/11 and economic difficulties, took place is because Presidential administrations not monitoring our government’s operations in intelligence that should have prevented the attack on September 11, 2001, and not monitoring operations in the financial sector that should have prevented the dot com bubble, not to mention the bursting of that bubble. No less responsible, and possibly even more so, is the oversight which our Unites States Congress is supposed to exert in each case. These traumatic events could have and should have been prevented.

September 11, 2001, clearly involved all of our intelligence organizations, the FBI, INS, Custom Service, CIA, State Department and other entities. With respect to the dot com disaster, the SEC, the Treasury Department, the Federal Reserve, and certainly others were guilty as well. However, the ultimate responsibility was in the Presidential Administrations and United States Congress. They abjectly failed the people of the United States. The people, the reason they were elected to protect. Sadly, they will never be held accountable, despite the fact that they clearly had numerous credit warnings, in both cases, over an extended period of time and yet were totally remiss in not protecting this nation, and its citizens from either catastrophe.

Worse still, a number of people will capitalize on one or the other, if not both of these tragic events.

Fast forward to the year 2002. Enron is still one more case of dereliction in monitoring and oversight by the various agencies of the Bush Administration, and oversight by the United States Congress. Once again employees and investors have been devastated. Worst of all, however, the employees have seen their pensions and 401s either destroyed or drastically assaulted in the process with this bankruptcy, at that time the largest in the nation’s history. Greed and in this case, fraud and accounting dereliction along with audit irregularities, have been at the heart of this financial disaster. At a minimum, Wall Street and other financial interests had a hand in the situation, if for no other reason than utterly irresponsible stock promotion. So!! Again, where was the monitoring by the Bush administration’s agencies, and the oversight of the Congress?

On September 11, 2001, we were attacked by Muslim terrorists in order to kill and inflict fear into the American people and the world, took place in one day, yet sadly jobs lost due to the “ECONOMIC TERROR ATTACK” by greedy and savage CEOs and financial entities, hiding, not in caves of Afghanistan, but right here in our own back yard, Wall Street, has been waging a slow and steady guerilla warfare, spread over a period of time, and affecting million of people.

What happens when U.S manufacturing jobs are replaced by service jobs, as manufacturing jobs are being moved out of the U.S to other nations, is that our American workers are paid less in service jobs, and have to work two or three jobs to sustain their families, just to survive. However, such U.S corporations, their executives and the investors make unreasonable and undeserved amounts of money.

Cheap labor and lower costs abroad mean lower costs for the corporations. Prices are maintained or increased here in the United States, and the results are higher profits for the CEO terrorists, the rest of their allies, plus all of those who are involved in manipulating stock prices and similar depredations upon the people of the United Sates, make outrageous amount of money. We the people pay the piper, that is the bill for these relatively few people getting sickeningly large amounts of dollars at our expense.

Sadly our politicians who are working with the CEO terrorists argue that Americans now have more jobs available, in what is a service economy. Sure there are jobs, but they are jobs that pay way less, and people have to work two or three jobs while the basic family values are annihilated.

Our politicians who are working with the CEO terrorists argue that Americans pay less for what they buy. Sure for the items coming in from foreign companies, but it is not true for imported good which made or assembled by U.S companies abroad, and sold here as American products.

Rape is a crime. When one commits a rape that person goes to jail. But why is that when an employer rapes an American worker, nothing gets done about it.

For the last few weeks we have seen in the news, and read in the papers of thousands and thousands of people losing their jobs. You have Ford motor company shutting down plants, and you have Enron going bankrupt — enough.

It is time for the people of the United States of America to wake up and say enough. It is the people who slave, sweat 50, 60, even 70 hours a week, which make these CEOs, CFOs, COOs rich and greedy. This must stop. Sure this is the land of freedom and opportunity, and if you work hard you should earn the fruits of your tolls, but there has to be a limit.

You mean to tell me that these executives that earn ten, twenty, or even more millions of dollars, can't survive by putting a million or two back into the paychecks of the people that busted their backs to make them rich?? Has greed taken over and blinded the judgments of these executives?

In the world we are looked upon as the richest country in the world. Other nations look upon us and say that America is the land of opportunities.

Bull.

Did you know that out of the entire industrialized nations in the world the United States of America Is ranked second for child poverty? , That is a crying shame. There is no excuse for this.

The basic heart and soul of our country, not to mention the engine that drives it, is the stakes. The highest and most critical stakes imaginable. In a word, survival! What could be higher? Obviously nothing.

 

We the people have been victims of economic domestic terrorism, but very few people are talking about it, and those that want to, talk about it are accused of being un-American or un-patriotic.

What Wall Street did to the economy of the United States is a terrorist action. What these corporate executives did to the various cor­porations, are terrorists. I can compare the Chairman of Enron, with the Chairman of the PLO, Yasser "the rat" Arafat. Both men led people, and managed funds, and both of these rats stole the money that was for their enterprises, for their personal selfish gains? So what Is the difference? Both of these men have a hand in the economic domestic terrorism of the United States.

Survival depends upon jobs, real Jobs making things. Not temporary or part time low wage service jobs in restaurants, retail, fast food places etc. We need real jobs and real incomes. Real jobs and real incomes are fundamental for a return to what America was about, "(the American Standard of Living". Jobs and wages are essential for revival of families, revival of values, and revival of education. Real Jobs and real living wages make for an equitable society, and a civilized culture. Real jobs, and liv­ing wages are a plus for effective attacks on crime, drugs, hunger, homelessness and the myriad other afflictions besetting us.

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