On the economy Obama will need to go to a plan B
dev carter
====================================
The plutocratic system is the political and economic system developed
in the Capitalist nations of the West dominated by the USA. It is a
system that eventuates should no counter-veiling constitutional force
exists that acts against gross wealth disparity and the undermining of
constitutional democracy by corporate interests.
Part of the process of plutocratization, is that neo-imperial
interests dominate the foreign policy agenda, not multilateral or
bilateral agreements to increase trade and prosperity for all US
citizens. The difference between a sovereign democracy and an imperial
entity is that imperial powers want their cake and eat it too. For the
USA it wants to impose a greater Israel controlled by Zionist allies
on Muslims, and a lesser Muslim Caliphate in Afghanistan and
elsewhere. A sovereign democracy doesn't play imperial games promoting
military conflict between abrahamic Semite sects. These policies are
highly profitable for the plutocratic corporations producing armaments
and hi-tech weaponry for the US defense forces but highly damaging to
other US businesses not dependent on US foreign policies for
militarist escalation.
The plutocratic imperial mindset sees the world in terms of allies and
enemies abroad and insiders and outsiders on the home front. The
consequences of plutocratic 'beggar thy neighbor' policies at home and
abroad is that once one creates a bottomless pit for the enemy /
outsider groups how does one prevent innocent bystanders falling in.
The plutocratic mindset sees the world as it would like it to be -
forever profitable come rain or shine, not holistically as it really
is where ideals with great regularity collide with reality and produce
unanticipated disasters.
If the rich keep getting richer and control an ever growing percentage
of a nation's wealth to the detriment of other classes, the stability
of the social system is ultimately undermined. If other classes cannot
share in the lifestyle promoted by the rich other than as impoverished
wage earners mortgaged and indebted up to the eyeballs by usury in
service of the plutocrats, the system is ultimately unsustainable and
will be restructured either by reform, revolution, war or the
evolutionary demise of the outsider classes.
What the plutocrats have built is a giant pyramid scheme, with
themselves at the top, the wage slave outsiders below and servile
political regimes at their beck and call. It is a scheme that must
inevitably develop in a political culture brainwashed with the mantra
of 'winner takes all'. Unless the outsider classes keep some wealth as
saving or assets, the system is unbalanced and cannot support a viable
market economy since personal debts and interest liabilities cannot be
met given the outsiders reduced income earning capacity. Such
imbalances cause the major economic depressions which in turn lead to
global conflagrations such as WW2 which followed the Great depression
of the 1930's.
The current financial crisis was triggered by a housing bubble in the
USA, with the initial outsiders being those caught with mortgage /
credit debt they could not viably service in the long run. Plutocracy
regards these outsiders as fruit for their sideboard and of little
importance in their scheme of things when beggared and on the street
after an inevitable foreclosure or bankruptcy.
These victims were only the first to fall into the hole, next came
those holding the highly devalued IOU's. If one IOU is devalued in a
plutocratic pyramid scheme what about all the rest? Now you understand
the holistic effect of how bottomless pits become whirlpools and suck
others in and why no financial institution wants to lend money
anymore. The cat is out of the bag. How does a bank tell if anyXYZ
Corp wanting to borrow a billion bucks is a genuine free enterprise
concern wanting to tap a market need, or alternatively a plutocratic
vehicle for con artists wanting to ramp their corp's stock, pay
themselves hundreds of millions in fees, dump corp stock at some
future market high point and then walk away leaving the bank with a
worthless IOU?
What Obama needs to grasp if he is truly on a reformist tack rather
than an apologist for plutocracy and merely trying to plug the leaks
in the sinking ship of US imperialism, is that this is a systemic
crisis and as such needs root and branch reform treatment not fiddling
with the peripheral symptom of unemployment.
You don't hook up a corpse on life support, just to restore some color
to its cheeks in the hope that all will now be just fine and dandy.
Pump priming with billions of borrowed funds without reform is doing
just that- just fiddling with the symptoms not addressing the systemic
problem- the cause.
The key to a future American success story is a balanced free market
system- neither rabidly laissez-faire capitalist nor neo-imperialist
and tending towards plutocratic socialism- the pork barreling of
militarist adventures, bailouts for Wall street insiders and the like.
Reform means taking an axe to all legislation that departs from a
reformed free market agenda at all levels (including reigning in the
Military) and building the checks and balances so that the less
intellectually and physically gifted retain some wealth in a new
hybrid ownership scheme in partnership with the state, where shares
may be bought via labor contribution.
It would entail dismantling of the welfare state so that all citizen
of a working age who were not self funded retires: were either in
full time employment; actively pursuing a business activity; or
enrolled in some formal educational / training course likely to
improve employment prospects upon completion. Instead of a state
paying 'sit down money' or welfare without strings attached, income
support should only be paid as a loan for study, or as a part-wage for
labor performed building infrastructure during recessionary times with
part payment being offered in dividend earning tradable shares in the
project or as a lump sum upon liquefaction of the asset should it be
sold off by the state in a boom.
To build viable hybrid ownership assets to protect the outsider
classes, these assets need to be marketable and be able to be turned
into cash or an income stream that adds to GDP. Building more high
cost prisons in order to punish malefactors caught playing catch up
via the plutocratic defined "illicit economy", isn't building the
viable infrastructure necessary to turn the economy around. Indeed it
would be far better if justice demands punishment for the common good-
to go back in time to the cheaper alternative - the garrote and
cat-of-nine-tails for the people's eye for an eye and tooth for a
tooth. Anyone thinking 100 lashes was 'way too soft for the act of
xyz', could be given the opportunity to prove it by holding their hand
up for enough at 150, 200 or more strokes whilst undergoing the same
treatment. More importantly there are billions to be saved by getting
out of the culture wars altogether and to cease pointlessly trying to
micromanage diverse subcultures when self regulation is the much more
cost effective alternative.
The current plutocratic pyramid scheme ensures the ultimate
elimination of the outsider classes altogether by raising living costs
to such a level that guarantee lowered fertility rates in the outsider
population below replacement level- given the availability of
contraception measures and abortion on demand. Cheaper wage slaves may
then be imported as immigrant labor as required. In 50-100 years the
American outsider classes will be predominantly black, Hispanic and
Asian. For plutocracy's purposes indigenous white outsiders are just
too dammed expensive to hire when less demanding immigrants and so
called 'illegals' are available.
The question the underclass affected by economic hardship needs to
collectively consider is whether Obama is truly a reformist at heart
and capable of an inclusive reform plan B or just another celebrity
servant of white plutocracy - propping up plutocracy's imperialist
plan A - the plutocratic pyramid scheme.
His announcements so far: on the economy; on the Israeli-Palestinian
conflict; on the war in Afghanistan and on abortion point in an
ominous ill considered direction. To date Mr. Change is none other
than Mr. Spin while millions of innocent outsiders at home and abroad
are sucked into the vortex of US plutocratic imperialism.
To the extent American values are not secular values they will be
found wanting. When the tally of victims reaches into the billions,
secular reform will be inevitable as the apologists for plutocracy run
out of cash and ideas while at the same time their disasters mount.
Plutocracy's gamble to create history - to have its cake and eat it
too, will have run its course. Obama might have been part of the
solution and developed a secular plan B but unfortunately, on the
evidence to date, seems trapped by the ideologues pushing the old
imperial agenda - plan A.
Dev Carter