There is Hope – A New Wave of Dissidents

The above popular rock song  immediately shot to popularity upon its release.  It’s a song that bring solidarity, a song to sing to ready the troops and do battle, a song to inspire individuals to band together to right some wrongs, a song to stand up to authoritarian figures when you are ready to put up a fight.  Albeit the video’s setting  is that of the classic bossy parent demanding commanding and bullying his child; it’s an archetypal situation when one is ‘battling with the powers that be’.  As it so happens, there is a battle definitely brewing, actually there are a few, but one that involves almost every citizen on this planet as financial crisis looms and one that threatens democracies all over the world.

US Financial System – going broke

Robert Kiyosaki , author of the Rich Dad, Poor Dad, wrote a new book entitled FAKE: Fake money, Fake Teachers, Fake Assets, he begins reminding us of a key event, August 15, 1971, when President Richard M. Nixon “temporarily” ended the U.S. dollar’s convertibility to gold and never returned it back to its original state before he resigned.  In 1944 the US was in possession of most of the world’s gold in which it made a global pact that every dollar printed represents its equivalent in gold.  The US dollar then became the world’s trading currency.  Unfortunately, the US began importing more goods than it exported which jeopardized the US dollar because more gold was going out of the country  to pay for these exports instead of keeping it in the country.  Rather than toning down the imports and correcting the situation, (like how capitalism is supposed to work) Nixon and his “friends” devised the plan to “temporarily” remove the US dollar off gold assurances, meaning, the US dollar would no longer be traded for gold at a fixed rate.  Meaning, US dollar was no longer backed by gold and from that announcement on the United States of America has been printing fake money. “And from that moment on” says Kiyosaki , “the academic elites killed capitalism, factories were forced to close, and jobs left America for lower-waged countries.  The gold standard was broken so that the academic elites could print money – making themselves richer by ripping off the world.”

Bucky Fuller [Souce: The Buckminister Fuller Institute]
In Bucky Fuller‘s words, a great American architect,  it’s called “Grunch – Gross Universal Cash Heist”  and it’s still going on today.   In fact, the recent real estate crash of 2008 was not a real estate crash.  It was caused by fake assets caused by the elites manufacturing a financial instrument called derivatives. What’s even more concerning is the fact that the 2008 financial crisis was a symptom of a very much larger crisis to come.  Kiyosaki further quotes a financial professional, Steven Brill, author of  Tailspin: The People and Forces Behind America’s Fifty-Year Fall and those Fighting to Reverse it as saying in a TIME magazine article:

[The elites] created an economy built on deals that moved assets around instead of building new ones.  They created exotic, and risky, financial instruments, including derivatives and credit default swaps, that produced sugar highs of immediate profits but separated those taking the risk from those who would bear the consequences.”

Warren Buffet

Warren Buffet famously called those derivatives “financial weapons of mass destruction.” It is further explained that when a subprime borrower bought a house he could not afford, the elites took the borrower and the house, repackaged it as a derivative called a mortgage-backed security , then the insurance companies created a credit default swap, yet another derivative.  The elites made fortunes and were paid bonuses – after the house of cards collapsed.  Nothing has changed. The same people are doing it and not one of the elites has gone to jail for doing it.

Brill continues:

[The elites] money, their power, their lobbyists, their lawyers, their drive overwhelmed the institutions that were supposed to hold them accountable – government agencies, Congress, the courts.

Yes, indeed this financial and political corruption infiltrates pretty much every corner of the world,  yet we can always look to the US for a hotbed of the challenges it presents.  After reading what Kiyosaki had to say about the status of the world’s financial markets and the impending financial crisis looming over us, it becomes easier to see how organized crime has widen it’s scope and influence into the White House -even into the Russian presidency.  Kiyosaki calls them all crooks and lays out the deceitful corruption by the corporate elites.

I do not trust the elites.” says Kiyosaki “They believe they know everything.  They believe they are always right.  In their minds, they do not make mistakes.  They will never admit they are wrong.  If they make mistakes, they are paid bonuses.  If they make mistakes, we pay for it.”  He further quotes a financial professional and author Steven Brill as saying:

[The elites] were able to consolidate their winnings, out smart and co-opt the forces that my have reined them in, and pull up the ladder so more could not share in their success or challenge their primacy.  By continuing to get better at what they do, by knocking away the guardrails limiting their winnings, aggressively engineering changes in the political landscape, and by dint of the often unanticipated consequences of their innovations, they created a nation of moats that protected them from accountability and from the damage their triumphs caused in the larger community.

“The elites are above the law.” Kiyosaki continues,  “They have no guardrails.  They have the money to hire the best elite attorneys, from the same elite schools they attended, to battle lower-paid government attorneys from less prestigious law schools.  They have the power to do what they want without being held responsible for what they do, or how many people’s lives they damage.  Their privileged education and success have turned them into despots.”

Definition: Despot (n) A ruler or other person who holds absolute power, typically one who exercises it in a cruel or oppressive way

Kiyosaki is one of many of the thousands of voices who sees this corruption every day expressing frustration and took it up themselves to warn others so they can prepare for the inevitable.  The corruption is seen on so many levels and demonstrated in so many ways.  Some write books to warn the general public, some go on educational speaking engagement while others enter the political sphere to try to affect change.

In the previous blog entry we introduced Slovakia’s new and first female president Zuzana Čaputová, a 45 year old,  mother of two, divorced, a civil right lawyers and environmental activist.  Zuzana’s climb to presidency wasn’t a traditional journey in that she was born into a family of politicians, aristocracy, nor of any royalty.  Her climb to presidency was in fact all about, and will continue be about, serving her people. It’s a new type of leadership she is introducing to Eastern Europe, who has high hopes for her, where instead of your bank account, heritage or level of testosterone gets you to the top position, it’s [her] passion for her people, the rule of law and a distaste for corruption. I hope she is the first of many that will set a trend in not only the European Union, but for citizens of all countries around the world. The countries that make up the EU who are craving change are getting louder in its demand for a different way of overseeing from their leaders.  I’ll briefly start by outlining and connecting  Zuzana’s story to events in Slovakia and then proceed to examine surrounding countries where a new wave of social unrest and demonstrations are now becoming near impossible to ignore.

Zuzana Čaputová is the fifth Slovak president. Source: The Slovak Spectator – SME

A vocal government critic and anti-corruption activist Zuzana Čaputová ran her campaign on the slogan “Stand up to Evil“.  The slogan was inspired by two experiences that turned out to be interrelated; her 14 year battle as an environmentalist in her home town, Pezinok, fighting to block a planned landed fill and years later protesting against a corrupt government that caused the death of a reporter.  Zuzana decided to run for presidency when she took to the streets along with tens of thousands of anti-government protesters after  investigative journalist Ján Kuciak was shot dead alongside his fiancee, Martina Kušnírová, in February 2018.  “Thousands demonstrated on Bratislava’s central square against corruption and for a “decent” country. Crowds stood in the cold listening to an array of activists, mostly students and artists, making the case for ‘people power’ against the graft and cynicism of those who govern.

Zuzana Caputova Jadi Presiden Wanita Pertama Slovakia –

The Slovak protests [were organized] every Friday evening not far from an improvised memorial, made of pictures, flowers and candles, honouring Ján Kuciak, a 27-year-old the investigative reporter who was brutally murdered in February for investigating an alleged political corruption linked to Italian organised crime at the time.  According to the BBC, “Prosecutors have previously said they believed Kuciak was killed to stop the investigation.  His unfinished article with the headline; “Italian Mafia In Slovakia; Its Tentacles Reach As Far As Politics” was published after his death, where it alleges that businessmen in eastern Slovakia – with links to Calabria’s notorious ‘Ndrangheta mafia – are embezzling EU structural funds.” Kuciak also claimed that they have political ties in the country.

Anti-corruption candidate Zuzana Caputova leads Slovak poll – BBC News [Source: BBC]. A table, covered in white linen, supports more than a dozen red candles alongside
Yes folks, this is the same Italian Mafia that York Region Police here in Toronto, [Canada]  in a joint investigation with the Italian police force recently (July 18, 2019) arrested 9 individuals and turned in $35 million of drugs, money, cars and property.  The two organized crime investigative units joined together to investigate one of Italy’s deadliest mafia. The Figliomeni crime family which was directly associated with Italy’s ‘Ndrangheta have legitimized themselves by funneling illegal profits through businesses, financial institutions, car dealerships, finance companies and even charities.  We were also informed they had laundered tens of millions of dollars through casinos (sometimes as much $30,000-$50,000 nightly) across Ontario,” York Regional Police, Chief Eric Jolliffe alleged.  According to the Toronto Star, “Between July 12 and 14, more than 500 officers from eight police services served 48 warrants in the City of Vaughan and the Greater Toronto Area (GTA) on 27 residences and 11 gaming houses. They seized 23 cars including five Ferraris, $1 million in cash, $1 million in jewelry including Rolex watches, as well as gaming and ATM machines — all totaling over $35 million.

York Regional Police Const. Brad Burns stands guard as the Organized Crime & Intelligence Bureau held a news conference announcing the results of Project Sindacato, on Thursday July 18, 2019. (Stan Behal/Toronto Sun/Postmedia Network)

In Slovakia, Kuciak also claimed that the Ndrangheta also had political ties in the country.  President Mr. Fico was presiding and called for an investigation, however, “Mr Fico, was brought down by the killing after anti-corruption street protests in the capital Bratislava forced his resignation.  5 people were charged with the murder of Kuciak and his fiance Martina Kusnirova, including business man Marian Kocner, the same individual who represented the interest of the business that wanted to build an illegal landfill in Zuzana’s home town that took her 14 year fight.  That case won Zuzanna the nickname “Slovakia’s Erin Brockovich,” after the American environmentalist portrayed by Julia Roberts in a 2000 Hollywood film. It was this experience together with the injustice and the people’s reaction to the Kuciak killings that inspired Zuzana to run for presidency with the slogan “Stand up to Evil” and winning her title with 58% of the vote.

York Regional Police Const. Andy Pattenden introduces the panel of speakers as as the Organized Crime & Intelligence Bureau held a news conference announcing the results of Project Sindacato, on Thursday July 18, 2019. (Stan Behal/Toronto Sun/Postmedia Network)0

Life in Slovakia hasn’t been the same since the double murder, with an outpouring of anger and larger street demonstrations than those of the 1989 Czechoslovakian revolution.  Zuzana’s pragmatic, humanistic and Christian values gives hope for the  region’s liberals that is discontent with the political status quo.  But the story of Zuzana and her people of Slovakia doesn’t stop there, in fact it has inspired a wave of dissidents that are part of a larger trend, who are beginning to say, like the song says above, ” We’re not going to take it, anymore!

The protests in Eastern Europe are also specifically directed against local governments.  “A European protest movement is more likely to occur when transnational concerns like professional livelihoods are at stake —with fishermen, winegrowers or farmers,” sociologist Dieter Rucht told German public broadcaster ZDF. “But what you do see almost everywhere in Europe is a rising level of resentment and anxiety.”  And that indignity, resentment and anxiety is being felt right around the world and we, Westerners, don’t have to look any further than what is currently happening with the world’s superpower, the  United States for what possibly could be the world’s unhinging event that starts it all off.

“Demand the impossible!”

Each country has its own story, of course, but events in Slovakia are part of a wider trend across the region: a new generation of central Europeans are mobilizing to salvage democratic values they feel are under threat. The young people involved are extremely focused and motivated – because they have vivid family memories of what it is like to live in an authoritarian system.  For example:

Prague – Meanwhile in Prague, protests were under way against the scandal-ridden, oligarchic Czech prime minister Andrej Babiš, who stands accused of fraud. Dubbed as Czech’s Donald Trump, Andrej Babiš, was named Prime Minister, in December 2017, we are getting a sense of how this phenomenon, as we will later soon see,  of organized as being globalized.  Calls for Babiš to step down are intensifying, with a possible ‘vote of no confidence’ in parliament later this week. Babis is defiant and says he will “never resign”, but it is striking that people took to the streets on 17 November, the anniversary of the 1989 Velvet revolution.

Saudi Arabia – Jamal Khashoggi – November 2018, thousands of worshipers and loved ones gathered to mourn the death of Jamal Khashoggi they said funeral prayers in Saudi Arabia and Turkey for the Saudi journalist killed by agents of his own government, in a case that has sparked a global outcry and mired the kingdom in crisis.  The Saudi public prosecutor said on Thursday it would seek the death penalty for five suspects in the murder inside the country’s Istanbul consulate on October 2nd. It did not provide names but at least two are senior officials closely associated with Crown Prince Mohammed bin Salman.

Loved ones mourn Khashoggi as Riyadh seeks to execute five suspects. Tens of thousands of worshippers in Saudi Arabia and Turkey pray for murdered journalist. Fri, Nov 16, 2018, 19:45 Updated: Fri, Nov 16, 2018, 20:38. A symbolic funeral service for Saudi journalist Jamal Khashoggi, killed and dismembered in the Saudi consulate in Istanbul, takes place at the courtyard of Faith mosque in Istanbul on Friday. Photograph: Bulent Kilic/AFP/Getty Images

I have left my home, my family and my job, and I am raising my voice. To do otherwise would betray those who languish in prison.” Khashoggi wrote in September 2017, referring to intellectuals, activists and clerics arrested under Prince Mohammed.  His murder has provoked the biggest political crisis in a generation for Saudi Arabia, the world’s largest oil exporter and a supporter of Washington’s plans to contain Iranian influence across the Middle East.  It has also tarnished the image of Prince Mohammed, who has pushed social and economic reforms while cracking down on dissent, upending the delicate balance inside the ruling family, and leading the country into conflicts in Yemen and Qatar. – Reuters]  The Khashoggi killing has awaken the world to the  gross human rights indignities and “has brought into our consciousness things we swept under the rug”, Professor Safwan Masri of Columbia University said. “There were 48 beheadings in Saudi Arabia in the first four months of this year, 600 executions since Mohamed bin Salman began his rise to power. The Yemen war, the famine there . . . The world has started to pay attention.” Masri nonetheless believes MBS’s hold on power is secure, though one won’t be certain until his father, King Salman, is gone.

The Slave Law – Budapest -Looking at the photos, one could mistake the sea of lights in Budapest for a festive holiday event. The people who gathered in Hungary’s capital Sunday night weren’t holding candles, however, but smartphones. And their message is political, not religious.

Hungary’s government wants to tax Internet data, and thousands of citizens responded to the plan by swarming the streets of the capital on Sunday night which would tax Internet providers 150 Hungarian forints (around $0.60) per gigabyte of traffic they serve to users

They are demanding Prime Minister Viktor Orban take back a law that allows companies to ask their employees to work 400 hours overtime per year. Since the measure was passed in parliament last Wednesday, more and more people have been protesting what has been called a “slave law.” In some cases, the rallies were overshadowed by violence. The protests on Sunday started off peaceful, but police later resorted to teargas again. With around 10,000 or even 15,000 participants, the Sunday rally was the biggest event so far in a series of protests the likes of which Hungary hasn’t seen during Orban’s eight years in power.  Many protester chants made clear that the frustration is about more than the overtime law or their premier’s social policies. Under Orban, employees have lost more and more rights while the position of company managers has been strengthened.  There is also anger over Orban’s actions against homeless people and migrants, and his rescue operation for Macedonian ex-Prime Minister Nikola Gruevski, who was sentenced to prison in his home country.

Serbia: Against state violence

Serbian state violence, particularly the beating of a left-wing politician, sparked a mass protest in Belgrade

In Serbia’s capital, Belgrade, thousands of people took to the streets again this weekend. Demonstrators blew whistles and horns in a nod to protests against former autocrat leader Slobodan Milosevic. President Vucic has rejected calls for fairer elections and free media.   The trigger for the current protests was a brutal attack on the head of the Serbian Left party, Borko Stefanovic. In late November, men in black shirts beat the politician with an iron bar in the southern Serbian town of Krusevac, leaving him seriously injured. President Aleksandar Vucic condemned the attack and the perpetrators were caught, but the opposition continues to blame Vucic’s harsh rhetoric for a climate of violence in the country.

Belgrade – Tens of thousands of people marched again in Belgrade on a Saturday evening near most major public institutions, protesting against what they call “political violence” in Serbia, while a day earlier people gathered in several other towns and cities.  A column of people then walked near various important national institutions such as the public broadcaster, RTS, the parliament and the presidential building, blowing whistles and carrying banners reading: “There’s something rotten in Serbia”, “Wake up and rise Serbia”, “There’s more of us”.  One of the informal organizers of the protests, Jelena Anasonovic, told BIRN that the energy and desire of people to support the protests is spreading spontaneously.  “One of the best things with these protests is that the revolt is spreading in the country in which there’s no freedom and democracy,” she said.

Protesters in front of the government building in downtown Belgrade. Photo: BIRN

The protests have been supported by more than 100 professors and associates of the Belgrade Faculty of Philosophy, about 90 teachers from the Faculty of Political Science, as well as by a dozens lecturers from the Faculty of Law and the Law Faculty of Union University.

In the name of the profession and our moral obligation to students to cultivate free thinking, free expression, the right to truthful information, the culture of dialogue, to advocate the rule of law – all that implies fundamental civilization values and respect for diversity – we are obliged to raise our voice, in the belief that the citizens of Serbia deserve better than what this government offers them,” the joint letter of the professors said.

The protests are formally organized by a group called “Protest Against Dictatorship”, which organized earlier mass protests after Vucic was elected President in April 2016. Many of them have called instead for a “transitional government” made up of experts and with a mandate of one year, after which elections would be held.

Time to Talk

In Bratislava, over a weekend, activists and intellectuals from Hungary, Romania, the Czech Republic and Poland met to discuss their struggles and their ideals at a Time to Talk  conference titled “Let’s demand the impossible” – a nod to the slogans of the Paris 1968 student uprising.

Time to Talk is a vibrant, young pan-European network of centers of debate dedicated to stimulating discussion on the key socio-political themes of the day. All Time to Talk members are dedicated to picking up where public discourse leaves off and tackling those vital questions which mainstream commentaries all too often either ignore or only superficially observe. Members of the network are committed to confronting uncomfortable issues, offering inspiring new points of view and encouraging audience participation.”

Art vs Crisis, a Coolpolitics debate in Den Bosch in 2012. Photo: Niels Vinck

“In light of current events, this slogan from the Paris street protests of 1968 has recently acquired a new and urgent meaning in Central Eastern Europe. Sadly, Slovakia is not the only European country to have been shaken by an unprecedented murder targeting an investigative journalist and this year’s forum sought to examine the effectiveness and objectives of civil mobilization in Slovakia and elsewhere in Europe in the face of political cynicism and corruption.”

Time to Talk welcomed special guest, the London-based economist and son of the murdered Maltese journalist, writer and philosopher Daphne Caruana Galizia.  Daphne was a ‘Maltese journalist, writer, and anti-corruption activist, who reported on political events in Malta. In particular, she focused on investigative reporting into government corruption, nepotism, patronage, allegations of money laundering, links between Malta’s online gambling industry and organised crime, Malta’s citizenship-by-investment scheme, and payments from the government of Azerbaijan. Caruana Galizia’s national and international reputation was built on her regular reporting of misconduct by Maltese politicians and politically exposed persons.  For decades, she refused to give up on her reporting despite intimidation and threats, libels and other lawsuits. Caruana Galizia was arrested by the Malta Police Force on two occasions.  Then finally on October 16, 2017 Daphne Caruna Galizia was assassinated by a car bomb.  Her death attracted the attention of the press around the world.  Three men were detain and later charged for her murder.  During Time to Talk her son, Paul Caruana Galizia, recalled the following:

Daphne Caruana Galizia [Source:}

Malta was quite corrupt but then it has really accelerated, it’s almost that there has been a kidnapping of our institutions and that really  are missing more [ineligible] from the inside and what we have seen defiantly over the past five years when we had a change in government is that systematically the government started kidnapping individual institutions, so it placed very useful people in the police force in the judiciary in every part of the country’s institutions that you would really need to control and check corruption to the point where the only person you had acting as a check  on corruption and frankly just totally criminal activity was a journalist.  So when my mother exposed all this corruption the force of the state wasn’t down to bare on the corrupt because those institutions were corrupt themselves.

Also sharing the stage on Time to Talk was special guest, British investigative journalist and author of McMafia, Misha Glenny who also noted in response that:

…When I was researching the book, there was no general interest in the way that this was globalizing, people were looking at it; policeman, journalist, lawyers, victims and indeed criminals themselves but hadn’t yet fully put together the threads of how this has become a globalized phenomenon. 10 years later after the McMafia we now have, there is now  a general understanding that we have a culture of political corruption and violence that crosses boundaries and lots of people are aware of it to the extent that two of the most powerful officers, political officers in the world are infected by organized crime to which are the presidency of the United States and the presidency of Russia.  So you have that extraordinary phenomenon of seeing someone like Trump in the White House and all of his connections through various mediated institutions with Russian organized crime and Russian intelligence services but you also have a much more powerful movement which is standing up and saying we are not going to tolerate this, whether it is  NGOs, whether it is police officers in police services and in some police forces, whether it is journalists of a whole variety of people saying we must insist on transparency, truth in both politics and the economy.  The battle is on is what  I am saying, we are engaged in a battle.”

Dark Money

Back to Kiyosaki, who quotes Nomi Prins promoting her book Collusion on his radio show, he says that Nomi is a real teacher and insider having worked for Lehman Brothers, Bear Stearns London, and as a managing director at Goldman Sachs.  She has seen the inner workings of the machine and shares a story that is not being told in America.  It’s a story about Dark Money [aka Fake Money].

“Dark money is money electronically created or “conjured” by the Federal Reserve and other major central banks in the world that flows to big private banks and financial markets.  Where it ultimately goes is untraceable. The Fed, together with the European Central Bank (ECB) and the Bank of Japan (BOJ), has created nearly $15 trillion worth of dark money.  Adding in the People’s Bank of China (PBOC) that figure is a staggering $23 trillion. The dark money goes to the biggest private banks and financial institutions fist.  from there, it spreads out in seemingly infinite directions affecting different financial assets in different ways.

Dark money represents a new kind of collusion between various governments, central banks and private banks.  They work in tandem to siphon off more power and money for themselves using laws, power-brokering, and quid-pro-quos.  Dark money is a version of fake money because it doesn’t come from the real economy.  It is an artificial stimulant to markets that comes from  an external source.  It can manipulate and distort markets, removing their ability to behave either as free or regulated markets.

Central banks have become more powerful than governments by virtue of their ability to create massive amounts of money without any legal restrictions or limitations on the amount.  the market, banks, and speculators have become reliant on central banks to create money, not just in emergency situations, but as an ongoing subsidy for their activities. “

“Give me control of the nation’s money…I care not who makes its laws.” ~Mayer Amschel Rothchild

Simply put the Central banks do not need to ask permission to print money.  The Feds did not need Paulson, George W. Bush, Congress or the people of the United States for permission to print money in 2008 and thereafter.  Today the ultra-rich do not care who makes the rules, what party is in power (Republican or Democrat, conservative or liberal) or if the country is capitalist, socialist or communist.

Misha Glenny further shares his observation during  the Time to Talk symposium:

“…Extreme polarization of political discourse which personally I believe was caused in a very fundamental way by the crash in 2008… and it has created divides which are the same phenomenon in each country but remain very culturally  specific ….It has highlighted a profound identity crisis in all of the countries I have mentioned that is replicated elsewhere a reflection of what internet technology has done to the mechanism of political discourse…the ‘unequal world’ that has emerged in past 30-40 years and it is profoundly unequal in a way that we haven’t seen in the modern period in terms of the differentials between the rich and the poor and that inequality is supported by a wealthy influential people around the world and there’s another group who says [like the song says above] “we’re not going to tolerate that” and this is a  profound ideological divide. ….

Ben Wallace the Security Minister of the British government stated  that 90 billion pounds was laundered through the City of London last year [2017]. …1990 was the emergence of gangster capitalism in the former Soviet Union and in Eastern Europe and South Eastern Europe and the rapid liberalization in markets in countries like  South Africa, China, India and Brazil what was happening in the West was the soaring victory of financial capitalism over manufacturing capitalism and that victory of financial capitalism created a flow of money the like of which the world had never seen before and so it was London and NY as they competed to become the financial capital of the world that acted as a hand-maiden, to the ill gotten gains of people whether it was american corporates likes Enron evading tax, whether it was Chinese gambling consortia, or whether it was Mexican drug cartel laundering their money through HSBC, whether it was Abrahamovich buying up Chelsea or whatever we became the facilitators for this new system of oligarchic and criminal corruption we are as involved as everyone else. 

…It is very difficult to see but it is everywhere around you. …It’s all interconnected we are not dependent but you can certainly develop an addiction from these profits but this is a complex system and you have to look at each country and each country is responsible for a different part of the puzzle for example in Malta, the Maltese practice of selling passports to anyone in any part of the world which gives them access to the European Union is an absolute outrage and it is something that the EU for a security purpose should say to the Maltese government “You can’t do this anymore.” [i.e. Like the song says above: “We’re not going to take it anymore”]

As such, anger and frustration are growing, often spread by anti-social media.  Watch for growing civil unrest, much like the unrest going on in Venezuela today.  Mob rules will replace law and order……China has a massive problem with shadow banking.  If China’s economy continues to slow, and loans cannot be repaid, a Chinese crash would make the 2008 subprime disaster look like a raindrop on a puddle.  In 2008, banks dropped interest rates, some below zero and at the same time the banking system printed trillions in fake money. Not only did savers lose the interest income on their savings but their savings lost purchasing power to the trillions in fake money printed by the banking system.

After 2008, the world stopped trusting the US dollar.

The bankers who caused the disaster were bailed out and paid billions in bonuses, while savers became the biggest losers in world history The coming disaster will be much bigger than the 2008 crash, and yet schools continue to teach students to get out of debt and save money.

Steven Brill reports:

  1. Between 1929 to 1970, middle-class incomes grew faster than upper-class incomes.  Income inequality was reduced.
  2. In 1928, the bottom 90 percent shared 52 percent of total wealth.
  3. By 1970, the bottom 90 percent’s share of total wealth increased to 68 percent
  4. In 1970 the top 1 percent’s share of wealth was down to 9 percent of total wealth.
  5. In 1971, the trend started going the other way and accelerated.
  6. By 2007, the wealth of the top 1 percent was up to 24 percent of total wealth.
  7. by 2012, the bottom 90 percent share dropped to 49 percent, less than half of total wealth.

Politicians at least now pay lip service to the plight of the middle class, but they rarely talk about the poor, much less do enough to help them.  This can only be explained by their fear that the middle class might see any attention paid to those below them as further evidence that their elected officials have abandoned them.” Steve    Brill quotes, in the TIME article, a study done by Daniel Markovits and Ray Fisman stating, “the elites who make policy – regardless of political party – just don’t care much about [economic] equality.

TranslationWho cares about the poor and middle class?” [Kiyosaki]

Here’s a Canadian example.  Remember UI? Unemployment Insurance?  Paul Martin dismantled the program and hijacked the fund to ‘eliminate the deficit’.  That’s our money – yours and mine – we pay into that program, the government does not contribute not even  one cent.  How is it that our hard earned money was emptied and used to pay off millions of dollars in costly government financial mistakes? “By cutting off unemployed workers and reducing the benefits it pays to those who are eligible, the government built up a surplus in the EI account that surpassed $45 billion. ” wrote the late NDP, Jack Layton in his book Speaking Out Loud: Ideas that work for Canadians “Martin built his budget surplus and eliminated the deficit on the backs of unemployed Canadians.[!]”  After learning about this travesty NPD, MP Yvon Godin tabled a comprehensive bill trying to bring justice to the unemployed workers under the EI system.  His bill would have eliminated the two week waiting period, reduced the hours needed to qualify for EI, and increased the benefits paid to workers who lost their jobs.  A trust fund would  have been created where all EI funds would go, so the government of the day could not use the money to pay down the debt, as the Liberals have done.  Yvon’s bill was defeated by the Liberals and the Alliance.”

Again, “TranslationWho cares about the poor and middle class?” [Kiyosaki]

Brill notes these same elites have made great strides championing liberal causes related to democracy such as equal rights, women’s rights, LGBT rights….but could care less about unbalanced economic power and growing income inequality between them and the poor and middle class.”  Kiyosaki quotes January 20,2018 issue of The Economist explaining the reason why American leaders cannot balance the budget and why America will go bankrupt:

The constitution gives Congress the power of the purse.  Four things are odd about the way it uses it.  First, annual budgets cover only the roughly one-third of federal budget spending that Congress has decided needs to re-approval each year.  Most entitlement programs, such as Medicare, health care for the elderly, are automatically funded.  So, while budget-making provides for grandstanding by Congressmen about long-term fiscal problems, process affords few changes to tackle the principle cause: swelling entitlement spending.”

Translation: The poor we have been ignoring will eventually bankrupt America.  The Constitution guarantees it.  How much more fake money can our governments print?  The elites can print as much as they want as long as people will work for it.” [Kiyosaki ]

Whether its the Bouazizi and the Arab Spring [which actually took place in the Winter not Spring] to the #Me too they are movements about dignity that needs to be valued.  Francis Fukuyama, in a recording of a debate from DeBalie, entitled Against Identity Politics, he begins explaining the Me too movement as “… a modern idea because what’s being asked is not the women to adjust to those male norms the outside society the demands is those norms themselves are wrong, they are corrupt and they have to change and in fact we are going through a cultural revolution right now where that is exactly what is happening. That the outside society is adjusting to the demand for the dignity of the inner person I think the structure of many political and social movements could be understood in that way.”

Francis Fukyama [Time to Talk, Debates]
“By contrast an authoritarian government  if it is a mild one like Singapore treats its citizen as children that don’t really know their self interest they have to be guided by a wise paternalistic State and if they are like North Korea they basically treats its citizens like objects that can be thrown away and used for the purposes of the state.  [remember the video above] Behind democracy is a universal understanding of human dignity in which all people are equal because all people are equally moral agents and that’s baked into the constitutions of many modern democracies….there is a identity component in a democracy.”

Yet, when the truth comes out to the wider audience and that wider audience finally listens and understands that all this “democracy” talk is really ‘for the birds’, we will have anarchy on our hands.  A rising anger when millions of people who listened to the gurus and thought they were doing the right thing by paying off their debts and saving, when they see their money being flushed down the toilet, while the elites of the world’s societies are just printing more money as they please, we will have civil unrest and riots in the street.  How about when they finally will catch on that buying gold and silver is the best assurance against all this corruption and when they go out to the market seeking to purchase gold and silver only to find that it is all gone – the elites have already purchased what’s left of the floating reserve because they have been preparing decades ahead of time for this eventual outcome.  I don’t see at that point what will calm the angry mobs down except for a totally new way of operating our systems, perhaps a cashless society, perhaps a push to use more cyber currency also known as ‘the people’s money’.

The point I’m trying to make is the writing is on the wall; who will be the ones that will pull society through this disaster, what plan do they have in place; is there a plan to put into place?  For example, we have the foresight of an eventual ecological and climate disaster despite it being decades away of it [potentially]  being successful we’re already investing millions of dollars into space travel and colonizing other planets.  Do we have the same foresight to plan for the ones who are doomed to stay on earth, the ones who have to stay behind to clean up the mess?  Can it be averted in the first place?   The days of data collection is over; we must act now and course correct.  I’d like to thinks so but it depends on the type of leaders we vote into power who have the fortitude, the ability and insight to stand up to corruption, erosion to put dignity back into democracy. Never mind ‘identity politics’ in upcoming election dialogue – its a distraction.  Who’s the politician that foresees what is coming and has a plan to steer our country through the rough waters of whatever it is we will be facing in the next 5-10 years?

Democracy itself is based on a basic recognition of human dignity.  That is to say by giving us rights, a liberal democracy recognizes our right to speak to believe, to associate, ultimately a right to vote, which means we have a right to participate in our own self governance.  Those are attributes of a human being. They recognize our agency which is at the core of the modern understanding of what gives fundamentally a human being, dignity.

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