I see an economic diasater coming...

[triffid]

On the Fourth of July, 2012, the voices of some of the most respected figures referenced by the British press in London, had shocked the politically sentient circles of the planet, with the publication of a report whose source has included the members of a circle of public figures from among the most highly respectable, relevant circles of Great Britain. Those voices had announced that some crucial elements of that famous empire’s leading press had suddenly called for wiping out the nominally richest British banks in the world, in order to rescue both Britain and the United States from a terrible catastrophe. The relevant British proponents had proposed cooperation between the United States and Britain on this specific account.
Contrary opinion on this subject, has been centered in people from around those leading financier circles of the world, who appear to have attempted, so far, to appear unshaken by the announcement of their own widely publicized plunge into a virtual likelihood of their own political extinction. Dinosaurs, anyone?
Some might choose to wonder what this will do to the political chances of both U.S. President Barack Obama and his putative election rival, Mitt Romney? Did some kindly angel drop something intended to pass for “harsh justice from Heaven” on the ranks of Wall Street and those candidates alike? The advice is: do not worry about the chances of either candidate Romney or Obama now. Had this news fresh from London not been solidly based in fact, the news would have been different. The relevant, real news was, and will remain solid fact for the record. There is no hope for the chances of what had been, until this past Monday, some among the nominally most powerful banks and related speculative institutions of the trans-Atlantic world.
Be clear-headed in respect to this matter. These prospectively doomed financial institutions have been plunging into a virtually global state of hopeless bankruptcy since the cancellation of the original U.S.A.’s Glass-Steagall law; the effect of this began to take over the trans-Atlantic communities during the latter half of 2008, with the launching of what was to become known as the great “bail-out” swindle. The result has been, that the economies of the United States and of western and central Europe, have been doomed until now, since the cancellation of Glass-Steagall on November 12, 1999 (a foolish action done in favor of the foolish, Gramm-Leach-Bliley monstrosity which made possible the great trans-Atlantic economic collapse of 2007-2012).
Admittedly, the support for Glass-Steagall found among the relevant, properly prestigious circles in the United Kingdom, is fully justified and otherwise meritorious; at the least, that is what is to be seen from my vantage-point as both an economist and statesman. Such has been my authority in such subject-matters, and also among the most significant of the other leading economists on the record of the U.S.A. and others, since my initial, August 1956, economic forecast’s success in late February/early March, 1957, the latter the worst post-World War II such crisis, a near-depression, at that time.1
The relevant point of the report to be made on that account, is the fact, in general, as among most who could be regarded reasonably as leading economists, of their generally consistent reliance on the folly of statistical forecasting based on the past effects, rather than actually forecasting based on the actual future, as I had done, in late August 1956, in composing my uniquely successful forecast for February-March 1957.
Now, the relevant British advocates of a needed immediate reform, have proposed to cooperate with the United States in efforts to bring this current crisis-situation under controlâ€"a very radical change from post-1999 conditions of drift of the U.S.A. itself, as also Britain, into something far worse than a mere depression: a general economic breakdown-crisis still in an advanced state of ruin-in-progress at this present time. It is my recommendation, that the United States government should consider uttering an immediate proffer of cooperation with the appropriate citizens of Britain on that specific account.
That recommendation of mine is presented on elementary types of conditions. First, that the proposed cooperation is as stated by the relevant British parties. Second, that it is a commitment to sharing the benefits of a common good, as with trust in what those among my predecessors for whom I have high regard have always done, essentially, since the break with an imperialist Britain since the separation of our nations over the issues of the February 1763 Peace of Paris, and the diplomacy of such as John Quincy Adams and the exemplary President Franklin D. Roosevelt and his specific circles of cooperation during his time as President.

[triffid]

The qualification is that the British party concur in a stated principle of commitment to a common human interest in related matters. My tendency would be to move quickly to exploratory discussions with relevant parties.

Who Can We Trust?There are several compelling reasons to believe in the faith of those Britons who have presented this suggestion to citizens of the United States.
First, the human species has lately entered a general planetary condition under which general warfare in the form of thermonuclear warfare, or something soon beyond such dimensions of action, is not a feasible option. We have moved past the time, that the human species could engage in the use of such means, even when the issues in favor of conflict are extremely compelling. This principle has been shown with remarkable excellence-in-action among the U.S. Joint Chiefs of Staff. The urgency of general cooperation on behalf of a common good is, presently, far more compelling than at any past time. There are very special pre-conditions for such a confident sort of outlook on conditions before us at this time. The relations to Russia on this same account, have been recently excellent, and there is justified confidence that such a relationship with the U.S.A. is inherently desirable in the natural interest of both parties.
The relatively greatest likelihood of danger comes, in fact, from the policies of a more or less programmed policy of suppression of scientific and related requirements of a policy of advancing the scientific level of progress of the per-capita human conditions on this planet. This progress is to be gained through science-driven technological progress in the advancement of the degree of effective energy-flux density per capita and per square kilometer of habitable territory.
In fact, in the known history of living species on Earth and implicitly beyond, the ability even to maintain the even existing species demands the benefit of a continuing rise in the net energy-flux density of living species inhabiting Earth. Frankly, the schemes of such proponents of a dubious “Second Law of Thermodynamics,” of Rudolf Clausius et al., are directly contrary to all currently competent notions of the biology of our planet. A contrary presumption, such as that launched during the Nineteenth Century, is a product of British oligarchical-imperialist conjectures, whereas competent scientific criteria demonstrate a direct opposite: these are relics of the oligarchical ideology.

[triffid]

This matter of “environment,” both on Earth, and within the relevant considerations for the Solar system, shows an indispensable, long trend to rise of “energy-flux density” in, especially, the existence of the human species. The entry of mankind into the increasing need for attention to matters outside the present range of human habitation on Earth itself, requires our attention to changes in the characteristics of the weather within and beyond the Solar system as such. As we have already moved beyond nuclear-fission, and into higher orders of thermo-nuclear fusion and matter-antimatter considerations, the science-driven increase of energy-flux density essential to continued human existence on this planet, is the mandatory standard for measuring expressed sanity in human behavior generally.
It is to be acknowledged, that among some cases, called “traditional cultures,” this emphasis on science-driven cultural progress tends to be resisted. Such beliefs are grave errors, ultimately, potentially cultural suicidal ones. We must manage the problems of social relations so defined; but, we must not permit that to delude us into believing the people sharing such cultures are actually viable expressions of the human species. It is not pleasant to suggest that animal species are interchangeable with human identities; but, the existing animal species’ continued existence depends upon the forms of support which human husbandry affords them, either to our economic advantage, or to our pleasure taken in the company of certain animal companions.
The general principle in this matter, is the necessary, accelerating increase of the energy-flux density created by, enjoyed by, and used by a human species

[sparks]

     I would suggest that the governments take injunctions against all persons and corporations from trading in debt while a lengthy audit of their assets is conducted by various government bodies.  The audits could take up to a 100 years or so.  I believe that the debt industry will find that the only asset they have been issuing paper on is the paper they have written on.  I am not sure but I believe the government would be instrumental in determining exactly what these people had in reserves.  May take awhile but at some point hundreds of years from now we may find out.  In the mean time they are out of business.   The injunction would not allow them to collect any principal or interest payments until such time as the legal status of the contracts in question are determined.  Again this may be in the year 2300 as the wheels of justice do turn slow.  Politicians want to be leaders then lead and stop kissing butt.  Banks can go back to being banks where people keep valuable things.  For this service they should be paid.  They should be paid for checking account and debit card management.  They should not be obligated to pay you interest because your too stupid or lazy to invest in companies that have a future need.  Every month instead of getting a statement with earned income from interest you will get a statement with your funds available included with a rather large service fee to keep your funds safe.   Ridding the world of debt economies and replacing it with production economies is the only way to go. 

[triffid]

Yeah,we really want this one in the white house.  http://news.yahoo.com/democrats-want-romney-explain-offshore-accounts-212438884.html
triffid

"He's the first and only candidate for the president of the United States with a Swiss bank account, with tax shelters, with tax avoidance schemes that involve so many foreign countries," Sen. Dick Durbin, D-Ill., said on CBS' "Face the Nation." He's one of several high-profile Democrats who spoke out on the Sunday morning news shows.


His buddies wiped out the pension funds at Delphi for about 21,000 auto workers.