In These New Times

A new paradigm for a post-imperial world

Archive for May, 2009

Germans Angry with US Role in Opel Negotiations

Posted by smeddum on May 29, 2009

 

05/28/2009 

Derspeigel

Despite an entire night of non-stop negotiations in Angela Merkel’s Chancellery, there is still no plan in place to save Opel from following GM into bankruptcy. The problem, say Berlin politicians, is a lack of transparency — and a surprise 300 million euro demand — from the Americans. Read the rest of this entry »

Posted in Financial crisis | Leave a Comment »

All Hail The British Revolution!- All Power to the Oligarchy!

Posted by seumasach on May 28, 2009

 

All Hail The British Revolution!- All Power to the Oligarchy!
At first sight the whole MPs’ expenses scandal looks like a carefully prepared  and choreographed stratagem to divert attention from the mega-corruption of the oligarchy, the financier insiders, to the micro-corruption of our representatives’ little pilferings. The oligarchs have taken everything we’ve got upfront and in advance; surely it’s ungenerous for them to deny the House some small reward for their supine passivity in the face of this greatest of all heists. But its not soft-heartedness that got our robber baron’s where they are today: they know more than any that wealth without power is ultimately vain and that absolute wealth demands absolute power. And so it is that they have decided add to their great financial coup a political coup which will, they hope, free them from political hassles in perpetuity. The new man in their life, the one chosen to undertake this task, (the undertaker, if you like, for what remains of British democracy) is David Cameron. For revolution is in the air and who better to entrust with “the transfer of power from the powerful to the powerless” than one freshly sprung from their own privileged ranks.
At the heart of Cameron’s reform programme is a theme which I have dealt already in these columns: the oligarchy don’t like strong executive power fearing that, no matter what precautions they take in grooming the candidates for no 10, at a certain point it may be the focal point for a counter attack based on popular or establishment disaffection. Better then to completely emasculate the executive to preclude any power  rivalling theirs. So it’s not enough to have humiliated Brown and reduced him the the pathetically pliant creature we see today: the prime ministership itself must be dimished to the point of impotence. This the first plank of Cameron’s programme.
Here, the beauty of Britain’s constitution , or lack of one, pays dividends: the executive power is inextricably bound up with the legislative. The head of state is the monarch and only through a process of evolution did the prime minister, from the time of Disraeli, onward accrue power. It did this indirectly through the development of the party system and the whips. Therefore, by weakening these the Prime Minister’s status and power is undermined. This is precisely Cameron’s elegant solution. In general, all these plans to reform the legislative look quite sensible except that they all require one thing to complete them: a president elected by a popular vote. But that would be Jacobinism; it wouldn’t do as we Brits say. Similarly Cameron knows not to put forward proportional representation thus allowing a chamber which represents a range of views and not just the endless mudge and fudge of the mire that is the middle ground of British politics. That wouldn’t do either.
Having knobbled the political process at its core and put the politicians in their place(for it is to these that he refers when he talks of “the powerful”) let us turn to the powerless. There is a strange admission in Cameron’s terminology since how can people be powerless in the world’s foremost democracy. Did we fight and win two world wars to be powerless. The answer is “yes” as Cameron implicitly concedes in what I suppose you could call “ a breath of fresh air”. Anyway, what remedy for the powerless? Power is to be decentralised; we are to be given local power. Yes, it’s the old power to the people trick. We can concede the importance local government without being so stupid as to think it a substitute for central power. Without central power, oligarchy, corporate and financier power rule. They can knobble local councils easily and just to make this solution even more elegant, they have already done so. I’ll leave readers to speculate on or explore the modalities of this vassalage for themselves. It is all around us: just look at how the mobile phone companies have enforced their will on local bodies.
The third plank of reform is taking power back from Brussels. Here in Britain both left and right oppose Europe because it’s “bourgeois”. You know bourgeois law, all that stuff- regulation, what have you. Too  many hassles, man! Like, do your own thing! Oligarchs particularly dislike the rule of law since it contravenes their right to loot whatever they can get their hands on. That’s why they have effectively privatised the courts system in this country. But if Europe won’t move with the times, won’t “modernise” then we must shun them. And so say all of us! And anyway, what’s wrong with the Pound? ( I’ll come to that point further down)
So here, in a nutshell, we have the principles which will guide us through the rapids of revolution under the infallible guidance of the Dear Leader to Be, once everyone has been told to elect him. Does anyone see any problems with it? It has every chance of success, will be supported by all parties apart from a bit of quibbling about PR and should guarantee bankster power in our time.  Never in the field of class conflict have so few owed so much to so many (and so many just let them get off with it).
Still, there is a problem. This is so very a much a British affair. A rerun of that pageant of history in which barons, big whigs, financiers and oligarchs made their stand against sovereign and constitutional power in the name of that timeless British ideal of private interest. From the treasonous barons at Runnymede, to the genocidal Puritan lunatics; from the Dutch invasion and coup d’etat of 1688 to the unabashed delinquency of the Gordon riots, always the same theme dominates: oligarchy. Why should it not do so now?
Were our wars not to have been so disastrous; were our productive capacities not so diminished; was our credibility in the world not to have sunk so low; was our currency not about to become the but of short sellers and jesters, this  apotheosis of Britishness might be accepted as an unpleasant but inevitable culmination of our development, the fulfillment of our spirit as the Prussian state was of Hegel’s. But in a global world, our position looks precarious. A global paradigm shift is in process and we’re not part of it. We’re locking ourselves out and, quite frankly, given the state of the place, the utter shambles, we might be  better off as North Korea. The reality of today’s world is expressed in geopolitics: the power shift from West to East  and the alliance of creditor nations from Russia and China to the Arab world are the predominant emerging facts on the ground. If we want the capital inflows, on which we are totally dependent, to continue we must start to recognise these new factors. The power of the City of London, the Empire, in other words, is over and their little plans to stitch up what’s left of the realm, though quaint, will hold no sway in this greater scheme of things.C

Cailean Bochanan

28th May, 2009

At first sight the whole MPs’ expenses scandal looks like a carefully prepared  and choreographed stratagem to divert attention from the mega-corruption of the oligarchy’s bailout to the micro-corruption of our representatives’ little pilferings. The oligarchs have taken everything we’ve got upfront and in advance; surely it’s ungenerous for them to deny the House some small reward for their supine passivity in the face of this greatest of all heists. But its not soft-heartedness that got our robber baron’s where they are today: they know more than any that wealth without power is ultimately vain, and that absolute wealth demands absolute power. And so it is that they have decided add to their great financial coup a political coup which will, they hope, free them from political hassles in perpetuity. The new man in their life, the one chosen to undertake this task, (the undertaker, if you like, for what remains of British democracy) is David Cameron. For revolution is in the air and who better to entrust with “the transfer of power from the powerful to the powerless” than one freshly sprung from their own ranks.

 

At the heart of Cameron’s reform programme is a theme which I have dealt already in these columns: the oligarchy don’t like strong executive power fearing that, no matter what precautions they take in grooming the candidates for no. 10, at a certain point it may be the focal point for a counter attack based on popular or establishment disaffection. Better then to completely emasculate the executive to preclude any power  rivalling theirs. So it’s not enough to have humiliated Brown and reduced him the the pathetically pliant creature we see today: the prime ministership itself must be dimished to the point of impotence. This the first plank of Cameron’s programme.

 

Here, the beauty of Britain’s constitution , or lack of one, pays dividends: the executive power is inextricably bound up with the legislative. The head of state is the monarch and only through a process of evolution did the prime minister, from the time of Disraeli onward, accrue power. It did this indirectly through the development of the party system and the whips. Therefore, by weakening these the Prime Minister’s status and power is undermined. This is precisely Cameron’s elegant solution. In general, all these plans to reform the legislative look quite sensible except that they all require one thing to complete them: a president elected by a popular vote. But that would be Jacobinism; it wouldn’t do as we Brits say. Similarly Cameron knows not to put forward proportional representation thus allowing a chamber which represents a range of views and not just the endless mudge and fudge of the mire that is the middle ground of British politics. That wouldn’t do either.

 

Having knobbled the political process at its core and put the politicians in their place(for it is to these that he refers when he talks of “the powerful”) let us turn to the powerless. There is a strange admission in Cameron’s terminology since how can people be powerless in the world’s foremost democracy. Did we fight and win two world wars to be powerless. The answer is “yes” as Cameron implicitly concedes in what I suppose you could call “ a breath of fresh air”. Anyway, what remedy for the powerless? Power is to be decentralised; we are to be given local power. Yes, it’s the old power to the people trick. We can concede the importance of local government without being so stupid as to think it a substitute for central power. Without central power, oligarchy, corporate and financier power rule. They can knobble local councils easily and just to make this solution even more elegant, they have already done so. I’ll leave readers to speculate on or explore the modalities of this vassalage for themselves. It is all around us: just look at how the mobile phone companies have enforced their will on local bodies.

 

The third plank of reform is taking power back from Brussels. Here in Britain both left and right oppose Europe because it’s “bourgeois”. You know bourgeois law, all that stuff- regulation, what have you. Too  many hassles, man! Oligarchs particularly dislike the rule of law since it contravenes their right to loot whatever they can get their hands on. That’s why they have effectively privatised the courts system in this country. But if Europe won’t move with the times, won’t “modernise” then we must shun them. And so say all of us! And anyway, what’s wrong with the Pound? ( I’ll come to that point further down)

 

So here, in a nutshell, we have the principles which will guide us through the rapids of revolution under the infallible guidance of the Dear Leader to Be, once everyone has been told to elect him. Does anyone see any problems with it? It has every chance of success, will be supported by all parties apart from a bit of quibbling about PR and should guarantee bankster power in our time.  Never in the field of class conflict have so few owed so much to so many (and so many just allowed them to keep it).

 

Still, there is a problem. This is so very a much a British affair. A rerun of that pageant of history in which barons, big whigs, financiers and oligarchs made their stand against sovereign and constitutional power in the name of that timeless British ideal of Private Interest. From the treasonous barons at Runnymede, to the genocidal Puritan lunatics; from the Dutch invasion and coup d’etat of 1688 to the unabashed delinquency of the Gordon riots, always the same theme dominates: oligarchy. Why should it not do so now?

 

Were our wars not to have been so disastrous; were our productive capacities not so diminished; was our credibility in the world not to have sunk so low; was our currency not about to become the butt of short sellers and jesters, this  apotheosis of Britishness might be accepted as an unpleasant but inevitable culmination of our development, the fulfillment of our spirit as the Prussian state was of Hegel’s. But in a global world, our position looks precarious. A global paradigm shift is in process and we’re not part of it. We’re locking ourselves out and, quite frankly, given the state of the place, the utter shambles, we might be  better off as North Korea. The reality of today’s world is expressed in geopolitics: the power shift from West to East  and the alliance of creditor nations from Russia and China to the Arab world are the predominant emerging facts on the ground. If we want the capital inflows, on which we are totally dependent, to continue we must start to recognise these new factors. The power of the City of London, the Empire, in other words, is over and their little plans to stitch up what’s left of the realm, though quaint, will hold no sway in this greater scheme of things.

Posted in Constitutional change in Britain, Financial crisis | Tagged: | 3 Comments »

China warns Federal Reserve over ‘printing money’

Posted by smeddum on May 28, 2009

 
China warns Federal Reserve over ‘printing money’
Informationclearinghouse

China has warned a top member of the US Federal Reserve that it is increasingly disturbed by the Fed’s direct purchase of US Treasury bonds.

By Ambrose Evans-Pritchard

May 27 2009 “The Telegraph,
” — Richard Fisher, president of the Dallas Federal Reserve Bank, said: “Senior officials of the Chinese government grilled me about whether or not we are going to monetise the actions of our legislature.”

“I must have been asked about that a hundred times in China. I was asked at every single meeting about our purchases of Treasuries. That seemed to be the principal preoccupation of those that were invested with their surpluses mostly in the United States,” he told the Wall Street Journal.  Read the rest of this entry »

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China says ‘no thanks’ to G-2

Posted by smeddum on May 28, 2009

May 29, 2009

China says ‘no thanks’ to G-2
Asiatimes
By Jian Junbo

SHANGHAI – At the Sino-European Union (EU) summit in Prague last week, Chinese Prime Minister Wen Jiabao rejected the concept of a Group of Two (G-2) comprising China and the United States, saying “it is totally ungrounded and wrong to talk about the dominance of two countries in international affairs”. Read the rest of this entry »

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Billionaire club in bid to curb overpopulation

Posted by seumasach on May 28, 2009

The Malthusian morons are back.How silly of us not to understand our superfluity!

See also:

Clinton Advisor: Earth’s Population has Exceeded Limits

UK Population Must Fall to 30 Million Says Porrit

The Malthusian Question


 

Times

 

24th May, 2009

 

SOME of America’s leading billionaires have met secretly to consider how their wealth could be used to slow the growth of the world’s population and speed up improvements in health and education.

Read the rest of this entry »

Posted in Ecological and Public Health Crisis | Tagged: , | Leave a Comment »

Cosmology in Crisis—Again!

Posted by seumasach on May 28, 2009

 

 

Wallace Thornhill

Thunderbolts.info

24th May, 20090

 

It seems the toughest thing for scientists to grasp – that a cherished paradigm like the big bang can be wrong. The latest crisis was reported in Physorg.com on May 5th: “Study plunges standard Theory of Cosmology into Crisis.” The study of dwarf companion galaxies of the Milky Way support the view that a “modified Newton dynamic” [MOND] must be adopted. “This conclusion has far-reaching consequences for fundamental physics in general, and also for cosmological theories.” One of the researchers involved said, “it is conceivable that we have completely failed to comprehend the actual physics underlying the force of gravity.” 

Read the rest of this entry »

Posted in Uncategorized | Tagged: , , , | 1 Comment »

Short-Sellers Set For Flame Forum

Posted by smeddum on May 28, 2009

Wall Street

Liz Moyer, 05.27.09, 

Forbes.com

 

 

One year ago, David Einhorn of Greenlight Capital took to the stage at an annual investor conference in New York and skewered Lehman Brothers, claiming its feckless risk taking had put the financial system in peril. Read the rest of this entry »

Posted in Financial crisis | Tagged: | 2 Comments »

US: big brother concerns grow – Privacy Challenges to Smart Grid

Posted by smeddum on May 28, 2009

Privacy Challenges to Smart Grid
by Susan L. Lyon – 5.27.09

What is not mentioned is how much this will increase emf radiation

Sustainableindustries
President Barack Obama’s plan to overhaul U.S. infrastructure includes constructing a nationwide “smart grid” that promises to help address many of our current energy challenges. The smart grid plan offers the hope that it “will save us money, protect our power sources from blackout or attack, and deliver clean, alternative forms of energy to every corner of our nation.” While these are noble societal goals, smart grid technologies and systems as envisioned also raise concerns about individual privacy rights. Read the rest of this entry »

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Media fabrications impede recovery efforts

Posted by smeddum on May 28, 2009

 

African Diaspora: Media fabrications impede economic recovery efforts

ZimbabweBy Dambudzo Muparanga
May 23, 2009, The Herald

ONE can make out a pattern when it comes to the popularity of the Zimbabwe Government in the West before the Land Reform Programme and after its inception.

The reason for this is not because the Government did something out of this world, the Government – all things considered – did a good thing for its people. Read the rest of this entry »

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Brazil and Neighbors Are the Ones Shaping Up Any New US-Latin America Relations

Posted by smeddum on May 27, 2009

Brazil and Neighbors Are the Ones Shaping Up Any New US-Latin America Relations
Written by Toni Solo
Sunday, 24 May 2009
Brazzilmag

Global economic disruption makes it seem events are overtaking analysis faster than people can keep up. In May it was reported that China is now Brazil’s main trading partner, displacing the US after more than 75 years. Ever since the debacle at the Mar del Plata summit in 2005 of President Bush’s continent-wide free trade plan, the US has been unable to defend its formerly dominant trade position in Latin America. Read the rest of this entry »

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Webster Tarpley points to Anglo American plans to undermine China’s Allies

Posted by smeddum on May 27, 2009

 

As a follow up to Webster Tarpley’s comments on the so-called ” Bronx bombers”, Jon Stewart using satire  casts doubt on the validity of the story http://www.thedailyshow.com/video/index.jhtml?videoId=228042&title=bronx-bombers

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