Spanish Townsfolk, Our Monster: Now What Are We Going to Do About It?

by Scott Creighton

UPDATE 3:The French, Spanish and Greek governments all announced multibillion-euro austerity plans yesterday in the face of massive popular opposition.”

UPDATE 2: Slavery in the UK. The unemployed are being forced to work for major British corporations, for free, just so they can continue to receive their unemployment benefits. This plan is the same as one attempted here in the states, one that still has a great deal of support in congress. Imagine the profits retailers could pocket if they got free seasonal workers during the holiday buying season.

UPDATE: In Dubai, one of our close economic allies, they call slave owners “sponsors” and fine their slaves if they attempt to take their own lives when the desperation of their true situation becomes too unbearable to live with.

I found myself thrown away and I thought of my poor family back home. I felt desperate and decided I should die,” she said. The National

———

While Americans cheer for the return of  zebra striped officials to the NFL games today, the Spanish, the Greeks and many others across Europe are fighting for their very lives and the freedom to determine the quality of them on their own. Our apparent lack of concern is understandable when you consider that what they are desperately struggling against is in a large part, our creation. Not only is Dr. Frankenstein disinterested in the harm his creation inflicts on the people around him by choice, but the townsfolk themselves willingly turn a blind eye and a deaf ear to the cries of their neighbors in nearby villages just so long as the monster feeds elsewhere.

Our banks sold their complicit politicians worthless junk paper setting up critical economic infrastructure to fail when they themselves decided to pull the trigger. These elaborately constructed derivatives had been made illegal after the banking elites used them to crash the global financial markets in the lead-up to the Great Depression. They were then decriminalized in 1982 (during the great “trickle down” Reagan Revolution which “dissidents” like Paul Craig Roberts still advocate to this day) with this “transformative period” (as Hillary Clinton put it) clearly in mind.

When Brooksley Born tried to regulate the out of control and growing derivatives market and warned of the pending disaster (watch the Frontline documentary called “The Warning“), Bill Clinton, Robert Rubin, Larry Summers, Alan Greenspan and a host of Federal Reserve flunkies in congress attacked her viciously for attempting to actually do her job; protecting Americans and their personal investments from the neoliberal vulture ideology that had hijacked Wall Street and most of corporate America back then.

Then the neoliberal Clinton regime went two steps further, the 1999 repeal the protections of Glass-Steagall and during the lame duck session of congress in 2000 creating the Commodities Futures Modification Act which in essence made it illegal to attempt to regulate these instruments of financial terrorism thus setting the stage for the push to create the massive amounts of “liar loans” and the bubble that would be sold across the world and create the debt “crisis” we now face.

The Bush administration followed suit perfectly promoting a new “plan” to help poor and working poor people buy homes, the American Dream to be used to bring about a New American Century nightmare.

In June of 2002, barely a year after Bush “W” took office, they introduced the American Dream Down-payment Act designed to use tax-payer money to give new, “sub-prime” loan candidates the needed down payments to get into a home of their very own. On the surface the plan seemed like a great opportunity to get people into home ownership and to revive the economy from the ground up as opposed to the “trickle down” model. But that wasn’t the case and that wasn’t what it was designed for.

The lending institutions like Countrywide and many many others used the opportunity to lock millions of Americans into mortgages they knew they couldn’t afford in payment structures which were doomed to fail. This bad paper became the limp noodle backbone of the credit default swaps derivatives market, being bundled and re-bundled, sold and then resold to unsuspecting customers thanks to complicit rating agencies who were in on the agenda from the beginning.

The unregulated derivative were being used exactly as they had been in the past. Exactly as they had been when they were made illegal: as weapons of economic graft and social destruction, in that order.

Look at how the Clinton’s contributions to this treasonous plan are book-marked beginning to end and then consider that the largest “not-for-profit” organization in the world designed to profit off the ongoing “transitional period” just happens to be the Clinton Global(ist) Initiative. Their goal is to see to it that every function of government is privatized across the entire globe and in the process Bill Clinton has become something of a neoliberal God, pushing his fascist “public/private partnership” agenda into every complicit country that he can whether they want it or not (like Haiti for example)

Definition of hypocrisy? Bill Clinton is currently hailed as the “moral leader” of the American left while progressive bemoan the inability of the right to offer up a reasonable candidate to oppose the war-criminal Obama.

Yes the economic “plan” being slammed on people from Ireland to Spain to Libya to Greece has it’s roots in the Republican Party. It’s creator, Milton Friedman is often credited with it as such. But consider the fact that Friedman has been a mainstay in economic policy leadership since his “economic brick” was slammed on the people of Chile in 1973, advising republican and democratic presidents ever since even though it is a proven fact that EVERY country where this basically feudalist system of corportocracy has been implemented, vast levels of poverty and suffering has ALWAYS followed. Just read Naomi Klein’s “The Shock Doctrine” for a reference or pretty much anything by Chomsky or Zinn.

But Friedman wasn’t the first to create this barbaric form of socioeconomic governance. It existed under a different name long ago before the Magna-Carta was signed and for a while since then leading up probably to the days of the French Revolution.

It matters not to the leaders of the bought off political parties we have these days. To them, “globalization” (British Mercantilism) is a given. A world run by privately owned central banks for the corporations.

Some say that an entirely new way of structuring our society is needed to counter this agenda adopted by the elite class. I don’t know about that.

From 1934 till around 1978 or so, the American economy pushed through and grew building the largest and best educated middle class the world has ever seen. Regulations and dedicated regulators kept the savage side of capitalism at bay and it worked to some degree. It took an organized and expensive campaign for the elites to do by stealth what they wanted to do by force in 1934 with the Business Plot that planned to overthrow or kill President Roosevelt and halt his liberal agenda in it’s infancy.

I do not know what will be required to stave off our globalist monster at this point.  But I know it must be done or at least attempted. As Che once said, “we must be realistic. We must do the impossible” or something to that effect.

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13 Responses

  1. Guess we could stop buying anything except what is absolutely needed to survive with.. and for Christmas,buy no presents.. give money…..
    the ‘monsters’ grow big with our spending.. they raise their prices and laugh…
    lets laugh at them for a while….
    would that help?

  2. When they force people who can claim unemployment benefits to work for free at various stores…… that will increase the unemployed list….. people who have jobs at these stores will be fired and they will be replaced with the constant wave of free employees….
    probably a former employee will have to go back to the same store to work as a free employee… just to receive benefits after being fired because of the ‘free labor’….. this is plain ridiculous…..this will cost the States a ton of money….. and where will the money come from?
    If the States cannot afford benefits… what happens then?
    Going to be a lot of angry people moving around….. !!!
    This will not work…. it is high treason…. criminal , and insane.

  3. Ur analysis is enlightening and I am so glad you used the term “British Mercantilism” instead of the absurdity of “illuminati plot” as this instructs ppl in the real world means the enemy uses for global domination.

    • “British mercantilism” is a bit inaccurate, since “mercantilism” is a system designed to promote a positive balance of trade and a powerful national heavy industry via tariffs, subsidies, heavy duty government intervention and so on. “Neoliberalism” is the new form of the old 19th century British Liberalism of the East India Company and Smith, Bentham, Ricardo and Mill. That doctrine was all for “free trade.” In practice, as Scott points out, (neo)liberalism (a.k.a. globalization a.k.a. Washington consensus a.k.a. Austrian economics a.k.a. free market etc) means economic imperialism, monopolism, wage slavery, speculation, usury – in short, yeah, a type of feudalism in which instead of lords and castles you have titans of business and corporations / merchant banks.

      • As I understand it, British mercantilism was the use of trade as a means of warfare basically. Trade has always been used to either weaken or strengthen various allies or enemies, but from what I understand (and I’m certainly no scholar on this, or any other subject to be sure) mercantilism was really the start of the “free trade” economic model. It was imposed, much like the role NATO plays now, by force, namely the Knights of Malta and a few other organizations.

        The mercantilism you describe also fits the globalization model though. Part of free trade is the imposition of favored companies products into other nations, forcing them to open up their borders and their markets no matter what the cost to the indigenous people or business/agricultural infrastructure. Take Clinton’s first foray into neoliberalizing Haiti for example. Destroyed their agricultural sector while forcing them to buy our subsidized wheat and corn.

        I’m looking more into the history of mercantilism now. Fascinating stuff actually.

      • Excellent point!

  4. I must however that the period of growth u describe was characterized by the horrendous oppression of African Americans as well as women culturally, spiritually as well as financially.

    We do need another order entire as white male supremacy of the past will not be repeated.

    • I think the only ‘supremacy’ that will be cultivated now is ‘whoever has the money’… and it is not going to be race-controlled, but corporate controlled….. just when higher education was being more evenly distributed and racial preference was being mostly forgotten…. when women were feeling a lifting breeze of independence, the corporate powers starting puling it all down…
      we are in the same boat… without paddles…. and trying to go up the creek together….

  5. Reblogged this on Reality and Other Falsehoods: Spellreflekt's Blog and commented:
    Excellent insights again from Scot Creighton.

  6. People who stock shelves,work in checkout lanes, drive trucks, cut grass,work in assembly lines, and countless other occupations too numerous to list, are slated to be replaced by robots or automated systems. We are thus faced with the possibility, that much of the world’s population will essentially have nothing to do and no hope and will be driven into the arms of the militarists. who will be more than happy to cull the herd for the benefit of those who decide such things.

    • Why can’t we have automatic banker robots? Seems that would be easier than check out lines….. put them out of work….

  7. Until enough Americans see hope for their children crushed, until they get out from in front of their TV long enough to figure out who’s behind it, until they get to the streets in numbers enough to scare the shit out of those looking down on them from the Top Floor, things will only get worse for a world of workers in a world that won’t afford them work.

    Working-class America holds a big key in a Global situation. Everybody else knows it. Time we see it, did something with it before they really hate us–this time, for real.

    This time might even include our own children, even our own selves.

    r ap

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