Abundance squeezed through the controllers’ taps


Scarcity is an illusion brought about by sycophants.

Its a device for control.

Mother Earth is a plane full of abundance able to sustain ALL living creatures including human beings through eternity with her built-in recycling system.

A handful of marauding psychopathic bank$ter$ grabbed and claimed ownerships on all and every resources available from Earth, tapped  and then channelled it to humans for consumption at a (hefty) price.

They then taught the humans about economics based on their fanciful supply & demand theory.

‘Money’ had to be invented of course, to become the necessary medium of ‘exchange’ for the scarce resources, and developed into what is now a huge fraudulent system…a slavery system.

That’s the true big picture of scarcity. 

Latest

Putin: Rivalry for world’s resources increasing, some try to disregard all rules

The world is seeing ever-stronger competition for resources, and some players try to disregard all the rules, Russian President Vladimir Putin has said, adding that potential for conflict is growing worldwide. – RT


oftwominds

Brexit, a Step in the Right Direction: The Optimistic View

June 29, 2016

Charles Hugh Smith

Brexit can be constructively viewed as a systemic step towards solving existing scarcities.

In the conventional narrative, Brexit is about immigration, escaping the EU’s bureaucrats of Brussels, class war or political theater. It may be about all of these, but beneath these surface issues lies a deeper dynamic: a recognition that the entire system is broken and a new arrangement of power, responsibility and risk is required.

In this view, Brexit is a positive step in the right direction, away from centralization and central planning and towards decentralized arrangements that enable more dynamic, localized solutions.

Longtime readers know that I focus on scarcity as the source of value creation: what’s scarce generates value, profits and high wages, and what’s abundant declines in value due to supply and demand.

Correspondent Ron G. views Brexit as a systemic step towards solving existing scarcities. Scarcity is not limited to goods and services; agency and autonomy can be scarce; responsibility that connects risk and return can be scarce; level playing fields can be scarce; rule of law can be scarce; opportunity can be scarce; entrepreneurial drive can be scarce; self-reliance can be scarce; social innovation can be scarce; social capital can be scarce, and the willingness to accept losses and the risks required to change the power structure can be scarce.

Political expediency can be over-abundant, as can protected privilege.

Ron submitted this photo and commentary on Brexit and scarcity:

lifestyle

Here are Ron’s comments:

“Mankind’s fundamental quest is to survive and prosper by solving scarcity.

BREXIT is simply a modern example of an old pattern of behavior that seeks to resolve scarcity, (the shrinking pie of economic opportunity and ownership), through reconfiguration of relationships to reallocate resources to enable more equitable equilibrium in supply and demand.

As a prelude to BREXIT, housing in Britain, in particular, had become out of reach for those that have labored under the assumption that hard work, education, and a good job would lead to an ability to own a home, which many young Britons now find economically out of their reach; many Britons blame the government’s monetary policy of zero percent interest rates for inflation and unaffordable housing

In another sign of frustration, a few years ago a graffiti sign expressed a sentiment of the youth in Britain, one of them posted at Bell Lane near Liverpool St. Station, it read: ‘Sorry, the lifestyle you ordered is out of stock.’

The Bank of England has continued policies that have contributed to the exasperation expressed through the referendum, this along with the burdens of having an open country and economy that increased labor supply which in turn increased demand for housing and available credit to driving the asset bubble.

This type of scarcity, being seen in Britain, is very common throughout history and is generally driven by the confluence of interests that connects and drives centralized, unified policies between bankers, merchants (in today’s world global corporations) and governments.

Turning back the clock a bit, I would like to include a couple of quotes by an amazingly brilliant and eloquent commentator in economics, Fredic Bastiat in his writings from 1850:
“I do not dispute their right to invent social combinations, to advertise them, to advocate them, and to try them upon themselves, at their own expense and risk. But I do dispute their right to impose these plans upon us by law – by force – and to compel us to pay for them with our taxes.”

“Self-preservation and self-development are common aspirations among all people. And if everyone enjoyed the unrestricted use of his faculties and the free disposition of the fruits of his labor, social progress would be ceaseless, uninterrupted, and unfailing. But there is also another tendency that is common among people. When they can, they wish to live and prosper at the expense of others.”

While old tools based in centralized control have held the power bases together, and have been useful to the management of empires, they have have become outdated and are an inadequate means of resolving the complexities of bringing equilibrium in supply and demand and the distribution of power.

New forms of social connection for production and consumption have emerged and are replacing centralized models; distributed models, even in formally centralized systems of energy and water, are coming online at a rapid pace.

These systems are fueled by the realization of democratic economy and autonomy, connected through a digital technology template; more distributed and socially self-aligning, this combination of digital conduits and marketplace opportunity fit lock and key into humanity’s biological need for autonomy and dignity of choice.

To those like me who have been compelled to study foundations and dynamics in human systems as a means to understanding better choices, BREXIT is not a surprise but simply an the most recent public demand to bring about a more acceptable outcome.

BREXIT is a symptom of an inadequate system for meeting human needs, driven by many converging factors, factors shared by all modern economies: underlying complexities growing due to connections to a more globalized world, and an inability to resolve scarcities through centralized systems of management and control. This underlying complexity will only continue to grow.

Centralized control by any domain keeper are but a delusion, as I believe there will be no wresting back control from the decentralized solutions that are growing in a scale and complexity beyond their toolsets and bandwidth.

I believe we have entered a critical but wonderful age, the age of reemergence of decentralization and decentralized governance; may we preserve this opportunity for the gift that it is to life, liberty and property.”

Thank you, Ron, for placing Brexit in a more expansive and insightful context.

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Post #Brexit – UKIP’s Nigel Farage to EU Parliament – “Listen, just listen!”


... touché … Mr Farage

Independent

Nigel Farage’s post-Brexit speech to the European Parliament – full transcript

The Ukip leader taunted his political opponents in the transnational assembly


farage

Below is Nigel Farage’s full speech to the European Parliament on 28 June 2016 after Britain voted to leave the European Union

Isn’t it funny? When I came here 17 years ago and I said that I wanted to lead a campaign to get Britain to leave the European Union, you all laughed at me – well I have to say, you’re not laughing now, are you? The reason you’re so upset, you’re so angry, has been perfectly clear, from all the angry exchanges this morning.

You as a political project are in denial. You’re in denial that your currency is failing. Just look at the Mediterranean! As a policy to impose poverty on Greece and the Mediterranean you’ve done very well.

You’re in denial over Mrs. Merkel’s call for as many people as possible to cross the Mediterranean – which has led to massive divisions between within countries and between countries.

The biggest problem you’ve got and the main reason the UK voted the way it did is because you have by stealth and deception, and without telling the truth to the rest of the peoples of Europe, you have imposed upon them a political union. When the people in 2005 in the Netherlands and France voted against that political union and rejected the constitution you simply ignored them and brought the Lisbon treaty in through the back door.

What happened last Thursday was a remarkable result – it was a seismic result. Not just for British politics, for European politics, but perhaps even for global politics too.

Because what the little people did, what the ordinary people did – what the people who’d been oppressed over the last few years who’d seen their living standards go down did – was they rejected the multinationals, they rejected the merchant banks, they rejected big politics and they said actually, we want our country back, we want our fishing waters back, we want our borders back.

We want to be an independent, self-governing, normal nation. That is what we have done and that is what must happen. In doing so we now offer a beacon of hope to democrats across the rest of the European continent. I’ll make one prediction this morning: the United Kingdom will not be the last member state to leave the European Union.

The question is what do we do next? It is up to the British government to invoke article 50 and I don’t think we should spend too long in doing it. I totally agree that the British people have voted, we need to make sure that it happens.

What I’d like to see is a grownup and sensible attitude to how we negotiate a different relationship. I know that virtually none of you have never done a proper job in your lives, or worked in business, or worked in trade, or indeed ever created a job. But listen, just listen.

You’re quite right Mr Schultz – Ukip used to protest against the establishment and now the establishment protests against Ukip. Something has happened here. Let us listen to some simple pragmatic economics – my country and your country, between us we do an enormous amount of business in goods and services. That trade is mutually beneficial to both of us, that trade matters. If you were to cut off your noses to spite your faces and reject any idea of a sensible trade deal the consequences would be far worse for you than it would be for us.

[Laughter from MEPs]

Even no deal is better for the United Kingdom is better than the current rotten deal that we’ve got. But if we were to move to a position where tariffs were reintroduced on products like motorcars then hundreds of thousands of German works would risk losing their jobs.

Why don’t we be grown up, pragmatic, sensible, realistic and let’s cut between us a sensible tariff-free deal and thereafter recognise that the United Kingdom will be your friend, that we will trade with you, cooperate with you, we will be your best friends in the world. Do that, do it sensibly, and allow us to go off and pursue our global ambitions and future.

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#BREXIT – One of Four Anti-Establishment Elections


Armstrong Economics

 

Many comments and emails are pouring in that our model correctly forecast BREXIT years in advance. Here is the picture for the next big chaos period — the US Presidential Election in November. You can see that 3 out of 4 models show a Republican victory. Two of these show 60%+, which is unheard of. What we have just seen in BREXIT is a prelude to the US election. People are very anti-establishment, anti-immigration, and fed up with stagnant wages thanks to rising taxation.

Tony Blair’s comment was very elitist, saying that the people really are stupid and the government should not rush to leave. He says it is too complex to split, but it is also too complex to fix. He just doesn’t get it. People want REAL change and are tired of listening to how stupid they are.

We also saw the biggest turnout in Britain ever for such an event. Trump has already gotten more votes in the primary than any Republican candidate in history. This is reflecting what is coming. We should also see a record turnout in November in the US elections.

BREXIT was the first of four major elections and our computer has been projecting a strong anti-establishment uprising that is building on a global scale. Our targets have been focused on 2016/2017.

ECM-EuroThe peak in the euro against the British pound was 1985. The day of the low in the pound was February 26, 1985 (1985.156). Even the pi cycle from that date was 2016.556 or July 22, 2016.

The peak in the euro against the British pound was 1985. The day of the low in the pound was February 26, 1985 (1985.156). Even the pi cycle from that date was 2016.556 or July 22, 2016.

Our model on the European Union projected the high in 2004 and its collapse into 2008 when the euro peaked over 1.60 to the dollar. Now we are in. This raises the potential of the EU becoming extinct by 2029.

What lies ahead is going to be amazing. Nevertheless, this is all set in motion by the incompetence of government intermixed with their pervasive corruption.

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European SUPERSTATE to be unveiled: EU nations ‘to be morphed into one’ post-#Brexit


Express

EUROPEAN political chiefs are to take advantage of Brexit by unveiling their long-held plan to morph the continent’s countries into one GIANT SUPERSTATE, it has emerged today.

The foreign ministers of France and Germany are due to reveal a blueprint to effectively do away with individual member states in what is being described as an “ultimatum”.

Under the radical proposals EU countries will lose the right to have their own army, criminal law, taxation system or central bank, with all those powers being transferred to Brussels.

Controversially member states would also lose what few controls they have left over their own borders, including the procedure for admitting and relocating refugees.

The plot has sparked fury and panic in Poland – a traditional ally of Britain in the fight against federalism – after being leaked to Polish news channel TVP Info.

Polish foreign minister Witold Waszczykowski has blasted the plan


The public broadcaster reports that the bombshell proposal will be presented to a meeting of the Visegrad group of countries – made up of Poland, the Czech Republic, Hungary and Slovakia – by German Foreign Minister Frank-Walter Steinmeier later today.

Excerpts of the nine-page report were published today as the leaders of Germany, France and Italy met in Berlin for Brexit crisis talks.

In the preamble to the text the two ministers write: “Our countries share a common destiny and a common set of values ??that give rise to an even closer union between our citizens. We will therefore strive for a political union in Europe and invite the next Europeans to participate in this venture.”

The revelations come just days after Britain shook the Brussels establishment by voting to leave the European Union in a move some have predicted could leave to the break-up of the EU.

A number of member states are deeply unhappy about the creeping federalism of the European project with anti-EU sentiments running high in eastern Europe, Scandinavia and France.

David Cameron in front of a map of EuropeGETTY
Opponents of the EU have warned of its ambitions to create a superstate


A British umbrella in front of Big BenGETTY
Britain voted to leave the European Union in an historic referendum last Thursday


Responding to the plot Polish Foreign Minister Witold Waszczykowski raged: “This is not a good solution, of course, because from the time the EU was invented a lot has changed.

“The mood in European societies is different. Europe and our voters do not want to give the Union over into the hands of technocrats.

“Therefore, I want to talk about this, whether this really is the right recipe right now in the context of a Brexit.”

There are deep divides at the heart of the EU at the moment over how to proceed with the project in light of the Brexit vote.

Some figures have cautioned against trying to force through further political integration, warning that to do so against the wishes of the European people will only fuel further Eurosceptic feeling.

Video

A few weeks before the Brexit vote European Council president Donald Tusk warned that European citizens did not share the enthusiasm of some of their leaders for “a utopia of Europe without conflicting interests and ambitions, a utopia of Europe imposing its own values on the external world, a utopia of Euro-Asian unity”.

He added: “Increasingly louder are those who question the very principle of a united Europe. The spectre of a break-up is haunting Europe and a vision of a federation doesn’t seem to me to be the best answer to it.”

His view was backed up by the leader of the eurozone countries, Dutch politician Jerome Dijsselbloem, who added: “In the eurozone some are pushing for a completion of the monetary union by creating a full political union, a euro area economic government or even a euro budget… to me it is obvious.

“We need to strengthen what we have and finish it, but let’s not build more extensions to the European house while it is so unstable.”

Meanwhile Lorenzo Condign, the former director general of Italy’s treasury, has said it is nearly impossible to see Europe opting for more integration at such a time of upheaval.

He said: “It seems difficult to imagine that the rest of the EU will close ranks and move in the direction of greater integration quickly. Simply, there is no political will.

“Indeed, the risk is exactly the opposite – namely that centrifugal forces will prevail and make integration even more difficult.”

But others see the Brexit vote as an opportunity to push ahead with the European elite’s long-cherished dream of creating a United States of Europe.

Spain’s foreign minister Jose Manuel Garcia-Margallo has called for “more Europe” whilst Italy’s finance minister, Carlo Padoan, is advocating a common budget for the eurozone states.

And Emmanuel Macron, France’s economy minister, wants to go even further and set up a common eurozone treasury which would oversee the permanent transfer of funds from wealthier northern Europe to shore up Mediterranean economies.

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English will not be an official EU language after #Brexit


Sore losers…

Politico

Danuta Hübner, the head of the European Parliament’s Constitutional Affairs Committee (AFCO), warned Monday that English will not be one of the European Union’s official languages after Britain leaves the EU.

English is one of the EU’s 24 official languages because the U.K. identified it as its own official language, Hübner said. But as soon as Britain completes the process to leave the EU, English could lose its status.

“We have a regulation … where every EU country has the right to notify one official language,” Hübner said. “The Irish have notified Gaelic, and the Maltese have notified Maltese, so you have only the U.K. notifying English.”

“If we don’t have the U.K., we don’t have English,” Hübner said.

English is one of the working languages in the European institutions, Hübner said, adding: “It’s actually the dominating language,” the one most frequently used by EU civil servants.

The regulation listing official languages of the EU would have to be changed unanimously by remaining countries if they want to keep English as an official language, Hübner said.

However, an EU source explained that the regulations governing official languages are themselves subject to more than one translation. The 1958 regulation regarding the official languages of the EU, which was originally written in French, does not say clearly whether a member country – Ireland or Malta for instance — can have more than one official language, an EU source said. Interpretations of the French wording tend to conclude that this might be possible, whereas the English version appears to rule this out.

When Ireland and Malta joined the EU, English was already an official language, which is why the two countries asked for Gaelic and Maltese to be added to the list.

“If a member state has more than one official language, the language to be used shall, at the request of such state, be governed by the general rules of its law,” the regulation says.

“The rules governing the languages of the EU institutions shall be determined by the Council, acting unanimously by means of a regulation,” a European Commission spokesperson said, adding the rules “have been amended several times to take account of the different enlargements.”

The Commission has already started using French and German more often in its external communications, as a symbolic move after Britain voted to leave the EU last Thursday, according to the Wall Street Journal.

Meanwhile, the president of the regional council of Tuscany, Eugenio Giani, called for Italian to become one of the official languages of the EU. “We have not defended … our language as we should have, both on the European continent and in the world,” Giani said following the British referendum result.

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Post #Brexit – Central Banks in Crisis Watch Mode


ArmstrongEconomics

Our sources are saying that the central banks have come to an accord to cooperate in an effort to support financial stability in the wake of Britain’s vote to leave the European Union. This is akin to the Plaza accord of 1985. Central bankers urgently gathered at the Bank of International Settlements in Switzerland to discuss the implications of the BREXIT referendum. The central banks are endorsing a contingency of measures to be put in place by the Bank of England. While the central banks will carefully monitor market functioning and stability, they are clueless what to actually do other than try to prevent currencies from swinging wildly.

The entire crisis has come about because the EU has attempted to federalize Europe and impose its will upon the people and suppress all efforts to resist. This is now reaching a major crisis and the elite refuse to accept that they are simply wrong. This crisis will merely increase. It cannot be rectified without abandoning the entire philosophy behind the EU of one policy fits all.

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Six More Countries Want Referendums to Exit EU


ArmstrongEconomics

Brussels simply went too far. They cross the line moving from an economic union to a political subordination of Europe. Now five more countries want to hold referendums to exit the EU – France, the Netherlands, Italy, Austria, Finland and Hungary all could leave. With Hollande approval rating at about 11%, Merkel lucky she is not tarred & feathered, the Front National leader Marine Le Pen has pledged to hold a French referendum. If she emerges victorious in next year’s presidential elections, that means the next major player in the EU after Germany is out and there goes the EU.

This entire civil uprising in Europe is underway ever since two months ago when Dutch voters overwhelmingly rejected a Ukraine-European Union treaty. Angela Merkel’s Germany now faces having to pay an extra 3 billion euros a year to the annual EU budget once Britain leaves. This alone is prompting German government officials to propose that Britain is offered “constructive exit negotiations” to keep their dues coming in. Some are now talking about a quasi-membership for the UK calling it an “associated partner country” to keep the money flowing.

Yet the French government of Hollande just does not understand. The governor of the French central bank will exert pressure on UK banks. They are taking the view that it would be paradoxical if Britain could retain privileges after the withdrawal from the EU. First Banks are preparing apparently preparing to shift part of its employees in London to the continent. They obviously fail to grasp that it is European continental banks that are on the brink of collapse – not British.

Italian ministers warned on Saturday that the European Union MUST change course or risk total collapse after Britain’s vote to leave the bloc. The Italian  Finance Minister Pier Carlo Padoan said. “A double reaction to Brexit is under way, one financial, one political. The financial one, at least until now, is limited. I am more worried about the political one.” Indeed, the unthinkable is happening. And they worry the pound might crash? Pay attention to the euro.

Meanwhile, another critic of the EU has been the leader of Poland’s ruling party. Poland’s Foreign Minister Witold Waszczykowski also now responded and said that the UK referendum result shows the need for reform of the EU. “This is bad news for Europe, for Poland. (…) This is a great dilemma for the eurocrats, we all want to keep the EU, the question is in what shape.” He continued: “We will be trying to use this situation to make the European politicians aware why this happened. And it happened because this concept, which was created some time ago, is no longer popular in Europe.”  Then again, the Hungarian Prime Minister Viktor Orbán intends to campaign in the British press for the UK to remain in the EU, according to a Hungarian government spokesman. Orbán is clearly one of those who is out of touch with the people and fails to understand that a federalized Europe is not going down very well with the people. He is extremely arrogant to think that he has any right to intervene or suggest that the vote be ignored.

To add insult to injury, Turkey proclaims the “Crusader union falls apart” demonstrating that memories in Europe go back centuries. The United States people did not want to enter World War II. Roosevelt even traveled to Boston promising that American boys would never defend Europe. Boston was a very Irish community and they were upset at being asked to defend Britain after their migration to the USA because of Britain. Old wounds never quite die.

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