dear readers:
please listen carefully to what is NOT being said and what is 'created' as if it was "news", but for some obscure but imaginable reasons that are not healthy for us all..... chose what to believe and research for YOURSELF...do not believe and obey as most around you do...foolishly.
just this morning while waiting for my 4 new tires to be put on, TV was on at that station with California's Main PH man called Fielding [a UCLA person too] doing Q&A at a press conference for over 1/2 hr... he is a Public Health top guy...[google him for info on him and his pronouncements too ]
he said in CA there are NO cases of "swine" flu, but a few of the usual regular flu...
Fielding said masks dont do anything worthwhile...
he said wash hands well [use nail brush or old tooth brush if necessary] more often ...how hard is that ? which is a very old hygienic routine and good habit, at all times
alcohol prep packets are convenient and being sold out of stores...
soapy water in small bottle is also antiseptic and cheaper too....
baby wipes stored in purse, bag or in car are convenient..or a small roll of paper towels stuffed in ...or whatever...a sheet if need be, something that makes life safer and maybe saner too.
move away from anyone coughing [that's easy, everyone will run out of room with you ! ] ...
then YOU can take your mother to Bingo, or your kids to a movie or dance class, and live a relatively ordinary life still now...
AND everyone can even wear cotton gloves if they want, for dramatic fashion reasons mostly,
and you can take alcohol in little bottle to clean off all chips, cards, railings, seats, keyboards, and cups..clean off every or any object once more ...[ whether it is necessary doesnt matter, but it is dramatic and intended to look like you are doing some magical killing of bugs & viruses anyhow - creating a safer, cleaner world for us all ]
and not believe in this "pandemic" =meaning it spreads far "pan" - googled it:
http://encyclopedia2.thefreedictionary.com/pandemic
"pandemic (of a disease) affecting persons over a wide geographical area; extensively epidemic from Collins Discovery Encyclopedia 2005"
but also look at BBC maps, updated to see just how many "reported" and "suspected" cases...and see that they are mostly "mild" and hardly anyone yet has died,
more people daily die in any town's traffic accidents today by far...
and from hospital bugs contaminating the healthy patients too...
so see more real statistics if you dont believe me !!!!
and stop your whole family & friends from having to worry about getting the flu which is common enough every year any where ... anyone can catch cold, flu, e coli, other bacteria & viruses that are all over all the time...no preventatives are possible !!!! sorry.
if you talk to doctors [who know nothing more or even less than you do cuz they also watch TV and they have no more up-to-date info.. cuz now it is available to all of us via internet from CDC ...and we have time to check it out...while they are so busy collecting their new clients now....besides, the doctors' main concerns are to be careful about THEIR OWN MALPRACTICE SUITS.
so they always caution extraordinarily so they cant ever be "blamed" later...which tells us that this does not mean greater expertise in current events... they are good at giving out prescriptions and cutting when necessary...much is old-school common sense and the air of expertise you pay them well for. Not all bad, just not at all god-like or all-knowing either.
it means they cover their own reputations and love to be needed and then paid, cuz they do bill Medicare or Medicaid or your expensive insurance for every action taken - phone call as well as your visit...nothing much for free with them...
and they love the attention and business !!!
so see CDC guidelines as updated for your area....
see what is real and what all most is HYPE and fear mongering ...
yes, continual and explosive and exponential....fear selling on every level....political, economic, now health and next....?
it has not stopped but escalated continually for many years now...terrorists, red-yellow alerts, Military and Dept of Defense & Homeland Security, et al, their need to cover their budgets to keep getting more money from taxpayers- who are putting their cash into Govt budgets - all for bigger planes and more military, agricultural big farm subsidies, and more national security and surveillance too ?
and yes, the need for "more service volunteers" from young people , who are being turned into military-like "corps", that will be used for created-emergencies that surely will soon arise.... no, this is not just a conspiracy thought, but when reading about the visible actions currently being taken openly to flood this country with more surveillance, and with those becoming oh ever so loyal to the govt [not their local community or neighbors ], these forces may be used for purposes we do not want to imagine now... [see those who were recruited to vote for this prez and those who are still 'working' for him now...huh ? see how many unemployed youth and others are being pushed into volunteer corps and minimal paid workers, resembling para-military in uniforms, regulations, and followership].
and all the continual PR campaigning the prez is still doing to keep those loyal to stick by him...almost reverentially....isn't this the way to create not a democracy of free thinkers but a narrow minded large-sized-band / mob of enforcers of only one way of thinking & believing ??
what do you think fear does ?
it promotes obedience, it promotes belonging.. anywhere....to insure some safety in numbers, with others who may help...or not...
it promotes blind following,
it creates more of itself..fears expand and contaminate all thought & emotions,
fear narrows open thought or divergent dissident thinking
fear prevents creative different solutions
fear keeps people stuck and solidified in one place ONLY
fear is just an externally induced state of mind that can be kept in place for a long time until it is a habit that just reinforces itself...no longer needs external stimulus to ignite more fears..like self-censorship does when it becomes habitual
fear is what is being media-promoted and what has been for a long long time called propaganda...also called PR and hype and spin and advertising and sales....the propagation of limited ideas/ beliefs/ & rigid thinking...all that is
conveniently used by rulers & "leaders" to then manipulate their groups/ citizens into any convenient [pre-planned mostly] actions...pollution of mass minds...not clear open clean free thinking...that's not allowed in this follow-me process.
this has been done for centuries...so what's new ?
this = that we have more ways to QUESTION, TO INFORM OURSELVES OUTSIDE THE USUAL CORPRORATE MEDIA AND HIERARCHICAL TOP TO BOTTOM ways of old
so do whatever you want, cuz it is your choice and your life and your parent's teachings are in your hands, however you chose to place them at this time...
I just hate to see people falling into the mental traps laid out so prolifically....
in other words "dont believe everything you hear / see" on any media, especially commercial ones [and while PBS & NPR are better, but they still competitively repeat the same as others do...tho less vehemently]
At the Festival of Books, I just heard a great reporter called Cullen who studied the Columbine killers and students and after 10years !!! yes, it took him all that time to research, interview, & rethink it all, he found that the stories told were mostly UNTRUE about both the killers, about what happened, et al... in a new book he just published and his descriptive story of how he wrote that book and got more info, he reminded me once again, how we are easily drawn to the dramatic, the gossip/rumor that are repeated as "myths" as he called them...and we then also repeat and believe the generalized media-driven version, not the true or real or researched one....and when he said "when the FBI said I could write"....[I did not get to ask him about that one yet...] but I then realized that there too is suppression and withholding of info by those in authority that we never realize...even years way after the event !!! why? I will have to write to ask him....
I was startled...
main point - stories are most often 'myths' and results later never revealed or told...as 'old news' ...no longer "new" so dismissed, discarded, ignored...not reviewed, nor corrected later.
same with this dramatic sway most people are held in now...this "swine" flu scare.
at least this is my CAREFULLY REGARDED OPINION.... [use it as you wish]
and dont stop doing stuff just out of fear.....Fielding also said viruses live for a 'few hours'... not hardly long lived...but of course, ANY AND MANY VIRUSES are all around us alllllllllllllll the time and we already mostly have a decent immune system that prevents major illnesses from developing...
unless you prefer being scared and watching TV instead, then enjoy that if so. It is a choice, not a necessity to believe all that is being blasted...and big pharmaceuticals and med supply companies and medical Doctors are pro fitting here...
and there may be other clever political & economic ploys that have to do with Mexico and whatever "terrorism" we want to emphasize now too, that in 20 years will be revealed... ho hum......
can you tell ? yes, I am furious at how meek and scared people have become and are induced to become
so all the reactions we are being 'contaminated' by have elicited this barrage of words and exclamations...not your or theirs fault but a natural response to being surrounded by so much created-fear and repeated-"news" apparently designed to provoke reactions globally.
so let me know what happens next, where the next wave of manipulated imaginations surge and wave...where the next "overwhelming" globally transmitted & medicalized disaster will ensure that we must do no more than ...agree, obey, smile, accept, obey, do as we are told, follow orders, buy more products, let them take away any small freedoms we thought we had, admit our helplessness, obey, give up what liberties were previously written in some old constitution of before, smile, be nice, never question, and just say "yes"...and again "yes, we will" and "yes, whatever you say must be true" and "I will"....and dont forget: OBEY... never question or dissent, just smile...some more.....
and die... but not peace fully nor morally that way.
whatever...stuff happens...but to be afraid ? not a good idea.
(c) maryjanie 2009
Showing posts with label globalisation. Show all posts
Showing posts with label globalisation. Show all posts
Wednesday, April 29, 2009
Saturday, February 21, 2009
BBC explains part of what confuses us all, money down the drains
this is a partial reposting from
http://news.bbc.co.uk/2/hi/business/7874667.stm
"Walden Bello is a university professor, senior analyst at Focus on the Global South, and president of the Freedom from Debt Coalition.
Week after week, we see the global economy contracting at a pace worse than that predicted by the gloomiest analysts.
We are now, it is clear, in no ordinary recession but are headed for a global depression that could last for many years.
The origins of the present crisis lie in the strategies adopted by economic and political elites to resolve the crises of stagflation - the coexistence of low growth with high inflation - which followed rapid growth in the post-World War II era, both in the G8 economies and in the underdeveloped economies.
Stagflation, however, was but a symptom of a deeper problem: the reconstruction of Germany and Japan and the rapid growth of industrialising economies like Brazil, Taiwan, and South Korea added tremendous new productive capacity and increased global competition, while income inequality within countries and between countries limited the growth of purchasing power and demand, thus eroding profitability.
Dilemma
This produced the dilemma of overproduction.
One "escape route" from the conundrum of overproduction, and for maintaining and raising profitability, was "financialisation".
Unsold Japanese cars in a UK showroom
Overproduction: many cars made, but no-one to sell them to
With investment in industry and agriculture yielding low profits as a result of over-capacity, large amounts of surplus funds have been circulating in or invested and reinvested in the financial sector - that is, the financial sector began turning on itself.
The result has been a divergence between a hyperactive financial economy and a stagnant real economy.
This was not accidental - the financial economy exploded precisely to make up for the stagnation owing to overproduction of the real economy.
Profits, not value
One indicator of the super-profitability of the financial sector is the fact that 40% of the total profits of US financial and nonfinancial corporations is accounted for by the financial sector although it is responsible for only 5% of US gross domestic product (and even that is likely to be an overestimate).
The problem with investing in financial sector operations is that it is tantamount to squeezing value out of already created value. It may create profit, yes, but it does not create new value - only industry, agriculture, trade, and services create new value.
Because profit is not based on value that is created, investment operations become very volatile and prices of stocks, bonds, and other forms of investment can depart very radically from their real value.
Profits then depend on taking advantage of upward price departures from the value of commodities, then selling before reality enforces a "correction", that is, a crash back to real values. The radical rise of prices of an asset far beyond real values is what is called the formation of a bubble.
Virus
We are far from over the worst of this crisis.
In the US real-estate sector, millions more mortgages are likely to go into default over the next few years.
Securities with a value of as much as $2 trillion dollars (£1.4 trillion) have already been injected, like a virus, into the global financial system.
Massive injections of taxpayers' cash have failed to kickstart lending again. Not surprisingly, with global capitalism's circulatory system seizing up, it was only a matter of time before the real economy would contract, as it has with frightening speed in the last few weeks.
Globalisation has ensured that economies that went up together in the boom would also go down together, with unparalleled speed, in the bust, the end of which is nowhere to be discerned. [snip]
Discussions at the World Social Forum in Belem focused on many aspects of the financial crisis that are not being publicly discussed at official or business level.
For instance, while strong calls for re-regulation are made, none of these proposals address the fact that the General Agreement on Trade in Services (Gats) - a treaty created under the auspices of the World Trade Organization (WTO) - actually seeks to deregulate trade in services, including financial services.
These liberalising international treaty rules deprive governments of the right to intervene.
The calls for re-regulation would require a dismantling of the whole architecture of treaties agreed over the past 10 years, mainly through the WTO
Governments' hands tied
Under Gats in the EU, governments cannot limit the size or the value of the financial services operations.
This prevents governments from intervening to ensure that a financial service company does not become "too big to fail" or have a destabilising effect on the country that hosts it.
Industrialised countries have gone further by committing themselves to more liberalisation and deregulation under a Gats annex that precludes regulation and opens the way for any new financial service, however speculative
agreements which have been working towards opening up the financial sector, and which were backed by the US and the EU.
Pigeons against backdrop of City of London
The City of London's success was based on deregulation
These were subject to concerted and secretive lobbying of negotiators by financial corporations, resulting in negotiators collaborating closely with the financial industry.
The liberalisation of financial services was included in trade treaties without any guarantee of whether the right regulation and supervision was in place.
In fact, the EU requested many countries to eliminate particular prudential rules, some of which had been put in place after the Asian crisis." [snip]
(C) maryjanie 2009
http://news.bbc.co.uk/2/hi/business/7874667.stm
"Walden Bello is a university professor, senior analyst at Focus on the Global South, and president of the Freedom from Debt Coalition.
Week after week, we see the global economy contracting at a pace worse than that predicted by the gloomiest analysts.
We are now, it is clear, in no ordinary recession but are headed for a global depression that could last for many years.
The origins of the present crisis lie in the strategies adopted by economic and political elites to resolve the crises of stagflation - the coexistence of low growth with high inflation - which followed rapid growth in the post-World War II era, both in the G8 economies and in the underdeveloped economies.
Stagflation, however, was but a symptom of a deeper problem: the reconstruction of Germany and Japan and the rapid growth of industrialising economies like Brazil, Taiwan, and South Korea added tremendous new productive capacity and increased global competition, while income inequality within countries and between countries limited the growth of purchasing power and demand, thus eroding profitability.
Dilemma
This produced the dilemma of overproduction.
One "escape route" from the conundrum of overproduction, and for maintaining and raising profitability, was "financialisation".
Unsold Japanese cars in a UK showroom
Overproduction: many cars made, but no-one to sell them to
With investment in industry and agriculture yielding low profits as a result of over-capacity, large amounts of surplus funds have been circulating in or invested and reinvested in the financial sector - that is, the financial sector began turning on itself.
The result has been a divergence between a hyperactive financial economy and a stagnant real economy.
This was not accidental - the financial economy exploded precisely to make up for the stagnation owing to overproduction of the real economy.
Profits, not value
One indicator of the super-profitability of the financial sector is the fact that 40% of the total profits of US financial and nonfinancial corporations is accounted for by the financial sector although it is responsible for only 5% of US gross domestic product (and even that is likely to be an overestimate).
The problem with investing in financial sector operations is that it is tantamount to squeezing value out of already created value. It may create profit, yes, but it does not create new value - only industry, agriculture, trade, and services create new value.
Because profit is not based on value that is created, investment operations become very volatile and prices of stocks, bonds, and other forms of investment can depart very radically from their real value.
Profits then depend on taking advantage of upward price departures from the value of commodities, then selling before reality enforces a "correction", that is, a crash back to real values. The radical rise of prices of an asset far beyond real values is what is called the formation of a bubble.
Virus
We are far from over the worst of this crisis.
In the US real-estate sector, millions more mortgages are likely to go into default over the next few years.
Securities with a value of as much as $2 trillion dollars (£1.4 trillion) have already been injected, like a virus, into the global financial system.
Massive injections of taxpayers' cash have failed to kickstart lending again. Not surprisingly, with global capitalism's circulatory system seizing up, it was only a matter of time before the real economy would contract, as it has with frightening speed in the last few weeks.
Globalisation has ensured that economies that went up together in the boom would also go down together, with unparalleled speed, in the bust, the end of which is nowhere to be discerned. [snip]
Discussions at the World Social Forum in Belem focused on many aspects of the financial crisis that are not being publicly discussed at official or business level.
For instance, while strong calls for re-regulation are made, none of these proposals address the fact that the General Agreement on Trade in Services (Gats) - a treaty created under the auspices of the World Trade Organization (WTO) - actually seeks to deregulate trade in services, including financial services.
These liberalising international treaty rules deprive governments of the right to intervene.
The calls for re-regulation would require a dismantling of the whole architecture of treaties agreed over the past 10 years, mainly through the WTO
Governments' hands tied
Under Gats in the EU, governments cannot limit the size or the value of the financial services operations.
This prevents governments from intervening to ensure that a financial service company does not become "too big to fail" or have a destabilising effect on the country that hosts it.
Industrialised countries have gone further by committing themselves to more liberalisation and deregulation under a Gats annex that precludes regulation and opens the way for any new financial service, however speculative
agreements which have been working towards opening up the financial sector, and which were backed by the US and the EU.
Pigeons against backdrop of City of London
The City of London's success was based on deregulation
These were subject to concerted and secretive lobbying of negotiators by financial corporations, resulting in negotiators collaborating closely with the financial industry.
The liberalisation of financial services was included in trade treaties without any guarantee of whether the right regulation and supervision was in place.
In fact, the EU requested many countries to eliminate particular prudential rules, some of which had been put in place after the Asian crisis." [snip]
(C) maryjanie 2009
Labels:
BBC,
deregulation,
economy,
EU,
financial services,
globalisation,
London,
recession,
stagnant
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