18-11-2010, 04:38 PM
This thread is a superb illustration of the bind we're in.
I concluded a good few years ago that the system (by that I mean globalised capitalism funded and oiled by fractional reserve banking and it's foot-soldiers) is incapable of evolving (or being evolved) into something sustainable and non-parasitical (by which I mean Uber-wealth for a miniscule fraction of humanity and dependent upon gross exploitation of both a vast untermensch and finite natural resources).
As the thread demonstrates, the bankers - and by that I mean the dynastic interests that control the Central/World Banks, IMF and the Big few - really do call the shots. Pretty well everyone with ANY assets has a keen interest in THEIR bank not going puff. The Banks know it and they milk it for all it is worth
I don't know the answer but sure as hell it does not lie in privatising profit and socialising losses which is what those banks have succeeded in bringing about. IMO they deserve a bloody good hiding, but hell will freeze over before our supine/corrupt puppet politicians give it to them. And to rub salt into a raw open wound, all bar none of them are about to declare record bonus payments on the back of record "profits". The gross arrogant stupidity of such a system really is breathtaking. I fear for what it all portends because a lot of people are finally waking up to all this.
I concluded a good few years ago that the system (by that I mean globalised capitalism funded and oiled by fractional reserve banking and it's foot-soldiers) is incapable of evolving (or being evolved) into something sustainable and non-parasitical (by which I mean Uber-wealth for a miniscule fraction of humanity and dependent upon gross exploitation of both a vast untermensch and finite natural resources).
As the thread demonstrates, the bankers - and by that I mean the dynastic interests that control the Central/World Banks, IMF and the Big few - really do call the shots. Pretty well everyone with ANY assets has a keen interest in THEIR bank not going puff. The Banks know it and they milk it for all it is worth
I don't know the answer but sure as hell it does not lie in privatising profit and socialising losses which is what those banks have succeeded in bringing about. IMO they deserve a bloody good hiding, but hell will freeze over before our supine/corrupt puppet politicians give it to them. And to rub salt into a raw open wound, all bar none of them are about to declare record bonus payments on the back of record "profits". The gross arrogant stupidity of such a system really is breathtaking. I fear for what it all portends because a lot of people are finally waking up to all this.
Peter Presland
".....there is something far worse than Nazism, and that is the hubris of the Anglo-American fraternities, whose routine is to incite indigenous monsters to war, and steer the pandemonium to further their imperial aims"
Guido Preparata. Preface to 'Conjuring Hitler'[size=12][size=12]
"Never believe anything until it has been officially denied"
Claud Cockburn
[/SIZE][/SIZE]
".....there is something far worse than Nazism, and that is the hubris of the Anglo-American fraternities, whose routine is to incite indigenous monsters to war, and steer the pandemonium to further their imperial aims"
Guido Preparata. Preface to 'Conjuring Hitler'[size=12][size=12]
"Never believe anything until it has been officially denied"
Claud Cockburn
[/SIZE][/SIZE]