It strikes me repeatedly these days how we are in the grip of a massive fraud.
Wealth,economic
growth, full employment, ultra low inflation and a populous that is
nearly schizophrenic with the constant adjustment it has to make, on an
annual basis, regarding its own economic security.
People
have long since given up on the concept of value and rather consider a
purchase, any purchase as therapy to prove they are still functioning
within the distortion we describe as society. We worship at the alter of
the shopping mall where retail therapy is the solution to jangled
nerves and a frayed conscience. We fully understand the consequences of
buying in a rag trade where prices have little or no relationship to the
cost of manufacture. We happily load our Supermarket trolley with milk
that is offered at below the cost the farmer has to pay to fill his pail
and, as a consequence we become part of a bankruptcy and sometimes a
suicide !!
We
know all that and yet we fixate on the glamour of the footballers and
their wives who, focused on Gucci are to be seen parading across the
magazines like some idiosyncratic adolescent out on the town with
Daddy's credit card. Knowing the price of everything but the value of
nothing.
Our
world is corrupt from top to bottom. The legal profession offers
platitudes about the importance of a secure legal framework for society
which is attainable and affordable to everyone but see laws which, if
broken by the ordinary man in the street would mean a jail sentence but
for the wealthy are broken with impunity because they are protected.
The
taxation rules and regulations that pertain to ordinary people are
flaunted by the the massive globalised companies which no one, not even
the national government can effect.
Learning that 1% of the worlds population hold the key to 50% of the worlds wealth, is
unprecedented as we listen to the media doomsayers decrying the left wing take over of the government in Greece.
We
are told that only the 'conservative financial establishment', with
their political masters and the 'Market' (corruption writ large) with
its Short selling, its Leverage, its Futures, and its Arbitrage, not to
mention Derivatives can save the day, but save it for whom?
Only
they can save us from unemployment, rapidly dwindling money in our
pockets and a debt mountain that our children and their children will
still be paying for 50 years from now.
This new wealth (sic) has mystically been created by a slight of hand.
The
banks through their own corrupt practices began to loose confidence in
their own 'contrived' value and so, to prevent them from going under
"our" Governments printed trillions of dollars, pounds and soon to be
euro's (a massive rearrangement in world wide asset manipulation
benefiting the 1%) so the money could be handed back to the Banks to
revalue their balance sheet with money borrowed from the very people
they are trying to fleece.
We wait in vain for the intended industrial reinvestment initiated through the banks re-lending us the money we gave them !!!
These
Establishment figures, which in the case of Greece are touted as the
only "safe pair of hands", are in contrast to the 'socially concerned'
new government led by Alexis Tsipras, who almost universally is decried
by the Worlds Establishment for saying "enough is enough".
German
led austerity has crippled his country, as it is doing in Spain and
Ireland. Austerity will also deface this country but of course, it's
austerity for the "underbelly" whilst the 1% grow ever more wealthy and
ever more powerful.
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