Here Is The real Deal! Googs,Ketchim...Real Economics 101!

::LOL:: ::LOL:: ::LOL:: ::LOL:: ::LOL:: ::LOL::
::LOL:: ::LOL:: ::LOL:: ::LOL:: ::LOL::
::LOL:: ::LOL:: ::LOL:: ::LOL::
::LOL:: ::LOL:: ::LOL::
::LOL:: ::LOL::
::LOL::

seriously..there is no light at the end of the tunnel for the Greeks in this.  they making a huge mistake if deh think things will return to 'normal' any time soon.  its direct..not the current velvet glove.. slavery and environmental destruction at some point fuh dem.

deh not getting up from undah this any time soon without a whole lot of devastating pain..unless deh all rise up and go directly and take back their nation..arrest the banksters, throw them in jail and take back all their money

The Greeks didnt have "opulent life styles". They had longer working hours, poorer wages, and on average retired at a later age than the rest of Europe. The "lazy opulent tax dodging Greeks" stereotype is a myth. As with all things, the truth is often the complete opposite of what we're told to believe.

But the core issue is...

1. All countries buy their money at interest from banksters via a convoluted process involving the sale of government bonds.

2. As this money is issued as debt at interest, all countries must have a manically expanding GDP. Why? The country essentially attempts to expand itself out of debt. This leads to more consumption, more production, more market expansion etc. This is unsustainable.

3. No country can get out of debt without another going into debt. Today, all major countries are in debt. No matter how strong their GDPs, they will not get out of debt, unless they return to old fashioned Imperialistic tactics.

4. All aggregate debt is inherently unpayable under capitalism. All countries are therefore naturally in "crisis". Some countries are not viewed as being in crisis because they have "healthy GDPs". England, for example, owes more money than Greece, yet only Greece is viewed as being in "crisis", even though England's ability to pay back its debts is as bad as, if not worse, than Greece's.

5. So it is a kind of pseudo-religious faith, or shared, collective delusion, that stops a country from going into "crisis". The system rolls on so long as everyone pretends that the system can continue rolling on; England's economy is healthy so long as everyone believes England's economy is healthy.

6. Similarly, when banksters arbitrarily lose faith in an economy, the economy conforms to this new belief; capital leaves, loans stop, business slows, things collapse.

7. Globally, the system collapses if everyone defaults on debt. Similarly, the system collapses if noone pays their debts. These extremes don't happen for many reasons (money has velocity, the same dollar can be in many places at once, people die, nobody cares about those pushed into poverty etc etc)

8. One reason why the system doesn't collapse is because of what we see happening in Greece. For the system to continue, the banksters must periodically raise debt ceilings and scapegoat and ransack countries.

9. The ransacking is done by putting in puppet politicians, imposing austerity, raising taxes and essentially milking the middle and lower classes of a targeted nation.

10. What's happening now to Greece happened to most of the big countries in South America in the 1980s and 90s. No lessons were learned in those crises and no lessons will be learned in the Greek crisis. The Greeks will take their hits, get exploited harder, pay up, lose more of their assets to banksters and then be patted on their backs in 20 years time for paying off their debts. Like the Brazilians in 2005, they will proudly proclaim that they are now "standing on their own two feet!".

11. By the time Greece is milked, another country will be knee deep in the same milking process. This pattern will probably cycle around the world 4 or 5 times before people realize what's happening.

is that how all of it happens..the process by which all government financing..government debt/national debt takes place for example..by the purchase of bonds ::confused::

Qi or QE - Quantitative Easing.. for example is issue by the federal reserve to the banks for example and that is debt on americans as well.  but it is no sale of bonds or cash by any means.

it seems to me there are many ways money issued or created by the banks as debt.  but that is no big thing I guess given that debt is the issue..debt that accrues at interest on the backs of working people

I would follow it differently.  I wud ask how did this debt skam begin.  in the USA it began in 1913  when the constitution was amended to allow a central bank...the federal reserve.. and established income tax for the first time. 

several times before the bankers had gotten central banks into the american economy but every previous time it was repealed, defeated.  they got their amendment in 1913 that made it permanent..at least for 102 years up to now and running

the federal reserve issues money at interest..debt.. to the government to meet its expenses. prior to that the government in principle, simply printed the currency to use for infrastructure development at no interest to itself and to the nation. 

what they did was to privatize the currency by giving it to a private bank to re-lend to the goverment at interest.  and to pay the interest income tax was legislated to pay the interest on the debt.

that is the free lunch for the capitalist at the heart of international economics.  it is theft writ large, a system in place that eventually impoverishes nations..now at the point of impoverishing the whole world.

it is like this:  the banks becomes the house or the Casa in a/the gamble.  the economy goes on and the banks achieve total control of it with control of the currency.  they can do what they wish with the economy..by nation state and now globally..they can boom it by increasing inflationary liquidity or bust it by withdrawing same.

but the principle is that of Casa in a/the gamble...the HOUSE!

10 thousand people go to woodbine race track on opening day. by midnight they tally up everything.  on average every one of those 10 thousand brought 10 dollars..total 100 thousand dollars. woodbine entertainment is the house or Casa.  they tax everyone of the races that is run.. 10 of them.. at an average of 15%.  if we divide  100k by 10 we get 10k less 20% which is 2k.  by the end of the day the house has taken 20k of the 100k that came to the track

for those who were losing the total money they can win back decreases with every pool/race, by the house take.  and if the bettors do not find a way to replenish their pockets and only the remnant of the original 100k that cane in first day remained to the bettors, it would take 5 days for them to be completely broke even if they won some bets..because the house would have collected it all..regardless... due to the taxes on the races.

the house cant lose. only the bettors can and will, due to the taxes on the races.  the only chance bettors have is to win all and every bet they make and leave the track and go do something with it. just don't lose bets..and when one wins don't stay at the track.

that is the economy.  by the privatizing of the currency into the hands of the bankers..the bankers become the Casa of the economy and taxes it to death by debt and income taxes..and service charges.  and at a certain point no matter how much the economy expands the house depredations on the economy begins to overbalance in their favor..that is their take surpasses the take of others and ultimately concentrates the greatest portion of the wealth created every year in their hands.

this is accomplished in many taxing ways:  inflation is one that allows the banks to steal even more.  they can print money out of thin air for themselves with which to buy up property.  that money debases the currency but transfers hard wealth into their hands, which is worthwhile even at half their value... which is what inflation achieves...the reduction of value but the transfer of the remaining value to the thieves

business practices also are theft and reduces the rate of profit..for the express purpose of not paying taxes.  depreciation is a classic example.

depreciate a property for 5 years then sell it to a numbered company that is yours then depreciate all over again.  do not take your profits as income but under an array of flows that are taxed less..like stock options, bonuses etc. retained corporate earnings are not taxed if they retained earnings. by the time corporations are done their are little or no profits to declare for taxation purposes...hence the principle of the falling rate of profit

corporations pay no taxes equal to their profitability and assists the accumulation of wealth/concentration of wealth by the banks or 1%.. which are all corporations too.
actual gross profits do not in fact fact fall.  it is what the capitalist does with the money internally, how he designates it that cause the expressed rates on balance sheets to fluctuate in downward trends from year to year...the falling rate of profit and income taxes...that ultimately require more debt by everyone outside the capitalists else to meet their current needs

the system then is one in which by steady taxation/inflation/service charges/falling rates of profit  on the wealth produced every year, super profit is concentrated in few hands no matter what the people do. it is a no win situation for the people and win win for the capitalist as with their money they buy out the system completely, change all the laws to suit capitalist parasitism they sell to us THE FREE MARKET IN WHICH THERE ARE NO FREE LUNCHES.

BUT THAT IS THE BIGGEST LIE IN THE UNIVERSE.  CAPITALISM IS PARASITISM AND THE ULTIMATE FREE LUNCH.  THEY ARE PARASITES THAT SELL A LIE AS TRUTH TO FACILITATE THEIR ABSOLUTE FREE LUNCH/PLUNDER OF THE PEOPLE OF THE PLANET.

a point is arrived at when the balance point is passed between wealth in the hands of the people in favor of the banks/1%... the process picks up speed against the people and arrives at where we are currently.  last year I believe the figures exposed that of the 100% of profits declared last financial year, 95% or so went to the 1%.

so how do the people live...by incurring more debt and giving up all the social progress that has been achieved by society to this date.  all democratic constitutions are eviscerated/all democratic labour law is turned back to ancient times/social safety nets are destroyed and the people return to stone age social relations..all to create margins to allow surpluses to pay interest on debt which no matter what will arrive at 100% confiscation of workers return for their labour. 

when that point is arrived at slavery of the worlds population, employed or unemployed would be complete...again.  not more than a year or 2 away now

the people are beset by federal income taxes/property taxes/provincial-state taxes/inflation/vat or goods and services taxes/services tax like post office, drivers licences, birth certificates, passports and official papers we need from time to time etc.  all of this is now privatized, given to the corporations for peppercorns, after years of income taxes to build up the infrastructure.  and their prices have soared

dand there is much more too...including the infiltration of labour unions and legislation that hamstring labour unions that result in less pay for workers.  so all combined labour/general purchasing power steadily falls and contributes all the time to concentration of wealth

the banker have bought out all of the economy.  and as pointed out there must be expansion it turns to gobbling up the public sector.  the capitalist need for expansion privatizes everything and life begins to look macabre.  the human body is being privatized..alive and dead. dead human bodies are now harvested and used in all manner of production
by now the bankers are the creditors of everyone because the only way people can make ends meet is by using credit.  so everyone has a credit card, or many, at usurious rates of interest..increasing the concentration of wealth.

so to make a long story shorter the system is extractive and when it passes balance point the extraction becomes like a reckless train speeding to 100% ownership of everything, by just a few people who own and control the system and we are all debt slaves to them.  they now lend us all, the money we need to make ends meet.  credit card debt, mortgages, bank interest charges on the accounts we set up,on all banking transactions we make...there is no where to turn to avoid charges as long as the system is in place.
privatization as expansion, means the conversion of the public services water,electricity, roads, bridges sewage etc to private ownership..all are privatized and prices of use skyrocket..another newer and major source of concentration. 

there is one more crucial item on the list of impoverishment and it is the most important of all..technological advance that is eating up jobs in capitalism that makes the future very risky for all.  as a result of technological advance people are no redundant for the capitalist and a major social problem he is trying to address by depopulation...the sever reduction of the number of people on planet earth.

the only way the human species can attain anything like full employment ever again is for the people to take over society and focus labour on the solution of social problems with the full utilization of the technological stage of the day employed. if that is done there is so much to do to solve the existential problems of society..and now the wealth do it by the removal of the capitalist, there will be full employment for some time into the future.
and of course control of the wealth would allow the people to transform from a working class into a developed class capable or taking humanity forward into a future that looks challenging indeed from this vantage

it is clear that the social debt..all of it ...cannot be repaid, and the system cannot work anymore. all the liquidity is soaked up into the coffers of the 1% by the extractive system in place..leaving us all in one hell of a problem that in principle or theory is easy to solve. it is indeed very easy to solve, in practice, and must be so solved NOW!  by the rise of the people in revolutionary social change

the system in place that has ruined society is a fraud and a criminal enterprise that all the elites are in conspiracy to keep in place.  this is global reality for in every state there is law that that establishes usury is illegal.  the amendment to the American constitution that created the federal reserve  was was accomplished by fraud..long since proven. 

the systematic finances of global society is a criminal enterprise..it is extractive and a criminal conspiracy based on lies and plunder, looting and general lawlessness.  as such all debt there is was illegally derived and need not be paid.  also the fundamental law of society is the people in collective action doing what they deem right for society its survival and development...the basic law of nature, of human society is the people in social action and its creative product

the people have the right to revolutionize society..and if they rise and crash the whole show, arrest all the politicians and the !% , try and convict them, jail and hang all of then, and create a new  way of life in the process..and that way stands then that becomes the law and must be recognized as law by the world.

to change the system, literally overnight is to repudiate the stupid loans, kill what they call the capitalist system which is nothing but lies and fraud and put the currency back into the hands of the people to be used by their administration at no interest for the development of the society. it is either that or society becomes Brave New World..descend into a capitalist nightmare of population management, engineering of people all manner of social lunacy,  just  so the absolutely bonkers and anti christ capitalists can keep their stolen wealth and control of society

that's it..nothing but that and the problems are over..and in 3 months society is profitable once more, the world at peace and developing global prosperity. 

it is as simple as that..kill the loans and banking as a function of economy.  banking is parasitic and not needed at all. it adds nothing but is a cost to the economy from the start..and it convinces us that we need it which is what all parasites do..make its host feel that it is absolutely needed, so that its host works to give it its free lunch.

arrest the political class that has facilitated this exploitation of the people over time..in collusion with the bankers.  they are all traitors, criminals all of them..and to be humane, which they are not,  give them fair trials and a fair sentencing hearings, before they are all hanged for treason.  do the same with the military brass as the armies are disbanded and war..the major source of banking profit.. is put to its end by the democracy the people create

{ sorry for all the problems with this. I did  it half asleep a few hours ago. I tried to spruce it up a bit but I am sure it still problematical. I will leave it up just in case it does say something}

there is only one answer:  the people must rise and collectively, out in the streets, bring it all down...and create a new people based way for society.  no political party can do the job.  they are vested interests, and will all quail and fail before the might of the banksters.

all who might lead a political party know each other.  that is their major problem.  they all went to the same schools and have had careers in the same institutions globally..this or that think thanks, banks, funds, governments etc.  they know what to do but cant do it ultimately...no matter what they say in their electioneering

that is what Bob Rae and the Canadian NDP discover all the time..that they are in fact part of the system and to effect the policies they present to the people they are going to have to smash that system, that there can be no compromises with the system in place, that liberalism, leftism, conservatism and all dat means nothing at all.

to solve the social problems that exists the system must be smashed.  the system created the problems.  the problems are systematic to the extent the system controls.  systematic control is total so the problems are the same. smash the system to solve the problems or the problems remain and get worse as the systems ripens...and they cant, all those very well educated, elitist politicians.  ALL OF THEM REGARDLESS.  THEY ARE OWNED BY THE SYSTEM AND THOSE WHO OWN AND RUN THE SYSTEM KNOWS THAT.

SO SYRIZA IN GREECE..THE LEFTIST PARTY  IN SPAIN..ALL OF THEM THE SAME THING.  THEY KNOW THAT THIS IS THE WALL, THE BOUNDARY AND THAT SERIOUS THINGS ARE IN STORE MAJOR SOCIAL UPHEAVAL AND THE LOSS OF LIFE.  THE BANKERS WILL KILL THEM OR THEY WILL HAVE TO KILL THE BANKERS..ONE THAT FINAL LINE IS CROSSED.

all those guys cant do it ...which is why Syriza has been back pedaling from day one. the revolutionary change for the people can be carried out only by the people.  it is their job, their interest, their lives on the line and no one else. the leaders of Syriza, as, long as they do no cross the line will be re-incorporated into the european elites and live well... period.  not the ordinary people.

the ordinary people are to work and pay the piper, to be enslaved and then eliminated when technology takes their place.

that it.  the people have a job to do in their own behalf..revolutionize society.  it is that or they lose and are put to the sword by advanced means.  that's it. the people live in a dream beset by all manner of obfuscating crap..'American dream', the middle class ideology, this or that religious fantasy, jackass lying educational systems and their miss-educating content... on an on and on..propaganda to keep everyone quiet, and to go to their gallows willingly

we refuse to recognize the stage we are at, the content of the day we live currently.  I care for life  and the best for humanity.  I see no alternative as a black man.  so I speak what I see to be truthful.  I don't see that I have an alternative.

I do not see that anyone on this board here and their class and kind globally, just like me, have an alternative to what I declared here.  all of you and them are in the same boat as me, a black man.  the system has no use for you too and just like me you too will be destroyed.

so when I speak of revolution I don't see anyone here outside of that same need and social interest.  all of you and I share the same social interest and are compelled by truth to the same saving action, solution, that would save our lives and those our of our families, friends and social classes.  allyuh too are revolutionary for this reason, on this truth, and allyuh don't even know it

::LOL:: ::LOL:: ::LOL:: ::LOL:: ::LOL:: ::LOL::
::LOL:: ::LOL:: ::LOL:: ::LOL:: ::LOL::
::LOL:: ::LOL:: ::LOL:: ::LOL::
::LOL:: ::LOL:: ::LOL::
::LOL:: ::LOL::
::LOL::

Milk the System , maaannn ! 

the 2 impses..together as impses as usual
::LOL:: ::LOL:: ::LOL::
::LOL:: ::LOL::
::LOL::

8. One reason why the system doesn't collapse is because of what we see happening in Greece. For the system to continue, the banksters must periodically raise debt ceilings and scapegoat and ransack countries.


Yeah , we thrashed this out during Obama raising of the USA .....ceiling ! 

Economics 101, Maps!

you cannot take out more than what you put in!  ::LOL:: ::LOL::

else you have to borrow!

at the end of the day who can you borrow from?

yeah buddy...its the same 1% and big banks you doan like!  ::LOL::