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Archive for the ‘Money’ Category

The Trans-Pacific Partnership is a Full-Frontal Assault on Democracy

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TPP Equals

The Guardian: The purpose of the Transatlantic Trade and Investment Partnership is to remove the regulatory differences between the US and European nations. I mentioned it a couple of weeks ago. But I left out the most important issue: the remarkable ability it would grant big business to sue the living daylights out of governments which try to defend their citizens. It would allow a secretive panel of corporate lawyers to overrule the will of parliament and destroy our legal protections. Yet the defenders of our sovereignty say nothing.

The mechanism through which this is achieved is known as investor-state dispute settlement. It’s already being used in many parts of the world to kill regulations protecting people and the living planet.

Written by mattliving

December 3, 2014 at 4:57 pm

US Set To Unleash Final Weapons of Economic Mass Distruction.

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As Toronto Star National Affairs Columnist, Thomas Walkom outlines in his article on November 13, 2010 the United States government has failed to solve it’s massive financial problems and is about to throw their final desperate financial hail Mary in hopes of avoid the seemingly inevitable economic collapse that looms for it’s citizens.

Here’s a really brief recap of his comments:

  1. Global trade imbalance: China makes and exports too much  and the US makes too little and imports too much.
  2. Unmanageable US debt: US losing the ability to borrow from the global markets to fund two long wars and massive taxes cuts.
  3. Political paralysis in the US virtually assures no real solutions are on the political horizon.
  4. Currency war: With all options exhausted the US will begin printing money and flooding Capital markets with devalued US dollars – so-called quantitative easing. But countries that historically supported the US are running away from the US dollar faster than the Fed can print them.

Written by mattliving

November 13, 2010 at 11:57 am

The European Debt Endgame Approaches

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Greece owes $367 Billion to Other EU nations, Ireland owes $865 Billion to Other EU nations,
Spain owes $1 TRILLION mainly to France, Britain Germany, Italy owes $1 TRILLION mainly, to France, Britain Germany and so on and so on…

How can broke economies lend money to other broke economies who haven’t got any money because they can’t pay back the money the broke economy lent to the other broke economy and shouldn’t have lent it to them in the first place because the broke economy can’t pay it back.

The question is not when this game is going to end but how many millions of citizens are going to be absolutely devastated by the ultimate economic solution facing these and all other nations on this planet?

Written by mattliving

June 19, 2010 at 9:06 am

The U.S. Dollar Will Collapse – FED Governor Warns.

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Written by mattliving

September 30, 2009 at 9:28 am

Posted in Money, Survival

Tagged with , ,

Trent Raznor To Artists: “DUMP your GREEDY Labels, NOW!

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trentreznor_recordcontractquote

bspcomment The RIAA’s witch hunt on downloaders has NEVER been about protecting the rights of the artists. It HAS ALWAYS been and WILL ALWAYS be about protecting their multi-level extortion racket.

Written by mattliving

April 8, 2009 at 8:44 am

Posted in Big Business, Greed, Money

Tagged with ,

The Pyramid of Capitalism: Some Things Never Change!

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Pyramid of Capitalism

Written by mattliving

April 4, 2009 at 10:18 am

Europeans Fight New World Order. North Americans Order Out.

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g08_protestsapr03-09

North America today is a fat, lazy culture too overweight and out of shape to bother fighting for our own democracy. That is of course if you’re talking about the types of protests that require participants to pick up a sign and actually walk around.

We have become blind to our own acts of violence unleashed upon the world for the sake of our biggie fries and $5 Walmart flip flops. So long as the real world remains safely off shore and “secure” by the current “coalition” standards we quite happy to go about consuming our way to oblivion.  Without regard for our fellow man/woman, neighbourhood or planet.

Yeah I know that sounds pretty deep and dark but the cold sad truth is that we are no longer capable or nor do we encourage public protest. In fact we have been carefully manipulated into believing that public protest is wrong and that those of us who speak the loudest or with the most force are simply labeled bullies, disciplined and marginalized.

We must begin to teach our children the simple and powerful lessons of history. How nations were and continue to be hijacked by the rich and powerful and who are once again a foot in the shadows of the palace executing a takeover of biblical portions. The powerful have again seized power and this time that are holding democracy hostage using economic weapons of mass distraction to ensure they remain in their privileged sits of power while the rest of the world collapses outside their gilded gates.

As Obama shreds his bold election promises of transparency and accountability into increasingly smaller and irrelevant pieces, he continues to appoint the very bankers, financiers and business executives that burned our global economies to the ground with the extraordinary greed and a stunning disregard for even the simplest of morale standards.

Autoworkers are forced into massive concessions in order for their failed employers to receive a mere sliver of the bailout cash that the banks, investment firms and insurance companies have gorged on since November of 2008. The Obama administration soft peddles excuses about why the contracts of the rich and ruling class are somehow more important or valid than autoworkers and they must be upheld based on some false American principle.

The Obama administration seems paralyzed by the fear that their gigantic Ponzi scheme underway will be revealed and their country will collapse under the weight if it’s own self-centered greed. They seem obsessed in their efforts to hid the truth and deceive Americans about the real and present danger in their economy – corrupt bankers and CEOs. While their efforts may appear to have some very short term benefits, they will be short and the pain that they will unleash for the next decade will be incalculable.

The same forces appear to be at work here is Canada too. As Federal Finance Minister Flaherty recently called the “recession”, “relatively … mild recession” posing “relatively mild challenges”. Remember this is the same schmuck who boldly declared Canada was all but immune to growing global financial crisis during the 2008 election campaign only reverse course and admit that Canada wasn’t so sheltered after all. Then his minority government attempted to obliterate the opposition parties by eliminating public funding of the parties under the banner of fiscal restraint.

But the Conservative carnival did not end there. So venomous was the backlash of the opposition parties that they formed a perfectly legal coalition only to watch a minority government petition the Governor General to suspend the Canadian Parliament for nearly two months to avoid a non-confidence vote.

Now Mr. Flatherty says that stimulus money is not moving fast enough and the governemnt must loosen the oversight reigns in order to save our floundering economy. Sound familiar? You know that economy that was/is so perfectly shielded from the deepening financial and political crisis and will only suffer a mild recession while the entire global economy teeters on the brink of a full blown depression even worse than the dirty 30’s. Only now the Conservatives are claiming that the very regulations that they tried for decades to eliminate are THE ONLY thing that saved Canadian banks from suffering the same near fatal collapses of their breatheren south of the border.

The same regulations and oversight that Mr. Flaherty wants to loosen the “speed up” the recovery. (:

Written by mattliving

April 4, 2009 at 8:53 am