WAR ON GLOBAL INEQUALITY = ALLIES = Pope Francis & Obama

March 31, 2014 by concisepolitics

WAR ON GLOBAL INEQUALITY = ALLIES = Pope Francis & Obama

By Paul B. Farrell, MarketWatch SAN LUIS OBISPO, Calif.

Click for Source Article By Paul B. Farrell, MarketWatch SAN LUIS OBISPO, Calif.

Global war against inequality and BAD capitalism

BAD C”R”APITALISM = GOP + Wall Street + Big Oil + Corporate Greed + Corruption + BS Trickle-down + So-called invisible hands + UNFAIR competition + MASSIVE INEQUALITY OF JUSTICE AND WEALTH + Rampant Consumerism and Consumption + World’s lost moral compass = Pope Francis’ 10-part strategic war plan.

POPE + OBAMA = Fuming American conservatives = While GOP DESTOYS America’s economy while FIGHTING TO KEEP THE BAD C”R”APITALISM + FOR MORE INEQUALITY. + NO hot-buttons like birth control, same-sex marriage, abortion, women’s rights, entitlements. = GOP got nothing!!!

After the Pope’s manifesto around Thanksgiving = Obama labeled inequality “the defining challenge of our time.” = Focus of the rest of his presidency. OBAMA ’s “convinced the decisions we make on these issues over the next few years will determine whether or not our children will grow up in an America where opportunity is real.”

Francis and Obama’s 10-minute meeting went for almost an hour = Was it The accelerating war against inequality, c”R”apitalism and declining moral compass.

Pope Francis = New Gandhi with a long-game war strategy = A FORMER BOXER! = WITH INCREDIBLE POPULARITY! = Fuels his moral authority so much he’s now front man at a historic turning point. Like Gandhi earlier, Francis is a powerful advocate for billions of “outcasts” worldwide, for the “addicted, refugees, indigenous, the elderly, migrants,” the poor, the unemployed.

Obama said to Italian Press = For the pope inequality “isn’t just an economic issue, it’s a moral issue. The pope was speaking to the danger that over time we grow accustomed to this kind of inequality and accept it as normal. But we can’t.”

GOP = Tune out, deaf, isolated in their narrow echo chamber = Endless voter repression + antipoor budgets + stripping of the rights of millions.

Pope Francis = Gives billions of “outcasts” a radical, quietly revolutionary leader raising hopes, rallying billions, preparing them for the coming war against everything c”R”apitalism stands for.

The Pope = Lays groundwork for THE WAR ON INEQUALITY = Conditions so that if capitalists ever do wake up to what’s happening = TOO LATE Like Franch in 1700’s

Some American conservatives the changing political landscape triggering a revolution against c”R”apitalists. = Reality Hit Lindsey Graham: “The demographics race we’re losing badly. We’re not generating enough angry white guys to stay in business for the long term.”

Pope’s 10-point War Strategies against c”R”apitalism + inequality + global conservatism.

1. Inequality = Root cause of all problems in world = Help the poor, reject markets and speculation, attack structural causes of inequality to solve world’s problems.

2. REJECT BS Trickle-down: total economic disaster = Causes injustice = Naïve trust in the culture of Prosperity for a FEW = Deadens society

3. REJECT Invisible Hand of the superrich + Market remedies like cutting workers to increase profits = REPLACE with a better distribution of wealth and income.

4. New tyranny: c”R”apitalism is killing democracy = Exponential Increase in wealth of a SELECT minority = Increased inequality gap + Separating most humans from the prosperity = A new tyranny unilaterally and relentlessly imposing its own laws and rules.

5. C”R”apitalists: new biblical money worshipers = “Money must serve, not rule” = REJECT MONEY’S CONTROL over us. = The denial of the primacy of the human person. = Worship of the ancient golden calf has returned = New ruthless Idolatry of money.

6. C”R”apitalism: Excess consumption killing our values = Increases inequality + Damages the social fabric + Increases violence/conflicts + Blaming the poor = MUST Solve the Corruption at the top.

7. Competition = undermines the public interest = C”R”apitalism survival of the fittest rule by feeding upon the vast powerless majority = No work + No opportunities + No escape = News = 2-point loss in stocks, but not the death of elderly homeless?”

8. C”R”apitalists: humans treated as commodities = Goods used and discarded = throw-away culture = NOT just exploitation & oppression BUT outcasts

9. Conservatism: Undermining the common good = Their own subjective truth = Cannot develop common solutions = MUST have a new MORE HUMANE way of living and thinking = Dignity FOR all humans on this earth.

10. C”R”apitalism: NO moral compass = A rejection of ethics + debasing of humans + Lack of morality + NO ethics = Calls for solutions outside marketplace economics = A balanceD and more humane social order for ALL

PERFECT SCAM: FEET ON THE DESK = GOLDMAN COMPUTERS ROB EVERY TRADE OF ITS PROFIT!

March 31, 2014 by concisepolitics

PERFECT SCAM: FEET ON THE DESK = GOLDMAN COMPUTERS ROB EVERY TRADE OF ITS PROFIT!

Yours and Mine!

“The insiders are able …to see your order and play it against other orders in ways that you don’t understand. They’re able to front run your order.”

— Michael Lewis, author of “Flash Boys” – “front running” MADE legal.

GOLDMAN FLASHY BOYS’ COMPUTERS = AUTOMATICALLY READS YOUR (and OTHERS) TRADES WAITING TO ENTER THE MARKET in NANOSECONDS and in another NANOSECOND Calculating the BEST WAY TO RIP YOUR TRADE OFF and in a NANOSECOND PLACE A TRADE AHEAD OF YOURS to GET YOUR PROFITS + perhaps even MORE!

“US stock market is rigged, with elite traders buying access to a high-speed network that allows them to figure out what you’ve just ordered, order it first, then raise the price before your order is complete.”

— Michael Lewis, author of “Flash Boys” – “front running” MADE legal.

Michael Lewis = High frequency trading (HFT) = “That’s why they were able to trade for five years without losing money on a single day” = Profits by automatcally reading YOUR ORDERS and JUMPING AHEAD OF YOU to WIN $Millions at the expense of ALL doing buys and sells.

SOLUTION: USE this LEVEL OF AUTOMATION FOR GOOD OF ALL AMERICANS:

BANKING = AUTOMATED PUBLIC UTILITY = NO USURY INTEREST!

https://concisepolitics.wordpress.com/category/banking-automated-public-utility/

WEIRD ENGINEERS (WHO COULD CARE LESS ABOUT MONEY) WORK 18 HOURS PER DAY TO HELP WALL STREET CROOKS REFINE ROBOT COMPUTERS TO ROB THE PROFIT ON EVERY TRADE YOU MAKE! Science Fiction is REAL!

High powered microwave towers CATCH TRADE DATA and parse it in NANOSECONDS.

High frequency trading (HFT) = BEST BIG SCAM EVER = Most significant revolution in financial history. High-speed LOOTING by GOLDMAN who HIRES MOSTLY RUSSIANS because of their SKILLS at CODING.

Lewis’s attention to high frequency trading = Wave of new attention to BIG FRAUD

Hero Of Michael Lewis’ New Book = Mysterious Stock Exchange Goldman Loves

‘Flash Boys: A Wall Street Revolt’ = Firm called IEX created a separate SUPER FAST exchange doing High FREQUENCY TRADING = Blamed for 2010 Flash Crash

HFT = Harms other actors in market = REAL PEOPLE cheated out of their PROFITS

Lewis tells us the old stock exchanges with people yelling and the ticker tape — is dead. “The US stock market now trades WITH AUTOMATED ROBOTS owned by GOLDMAN and OTHERS programmed by PhDs and Computer EXPERTS – MANY FROM RUSSIA. = Built by brilliant Russian programmers “oblivious” of the harm they’re doing to regular stock holders — who see their code creations as pieces of themselves. = LIKE Sergey Aleynikov, a Goldman programmer accused by Goldman of stealing the COMPUTER CODE.

Goldman told the WSJ = “We view IEX’s core mission as simplifying…and most significantly, a speed buffer that intentionally slows down trading in their market, relative to other venues.”

IEX was born by Royal Bank of Canada’s Brad Katsuyama, the man who ran the bank’s US trading desk = Outspoken about HFT problems. = Goal was to “restore fairness in the US stock market.” = Katsuyama watched clients CONTINUOUSLY BEING SCREWED BY LOSING GAINS TO ROBOTS.

Lewis = Exposes HFT and Dark Pools = Off-exchange TRADING SYSTEMS where ROBOTS buy and sell stock SECRETLY and anonymously = Quietly GROWING FAST = Institutional funds and pension funds. = 12% to 15% of all US trades = NEARLY Un-regulated and surrounded by sophisticated HFT ROBOTS who unfairly exploit these FUNDS in complete PRIVACY!

HFT = RUSSIAN Programmers write computer algorithms that in NANOSECONDS DYNAMICALLY READS THE TRADE ORDER QUEUE and CALCULATE WAYS TO ROB EACH CUSTOMERS ORDER and then IMPLEMENT the ORDER ahead of CLIENT ORDERS (FRONT RUN THEM) to create 6 MONTHS OF PERFECT TRADING DAYS FOR GOLDMAN = NO LOSSES = BEST SCAM ON HISTORY = FEET ON THE DESK SCAM WITH COMPUTERS DOING THE ROBBERY FOR YOU.

Wall Street grabbing information = Coin of the realm = Inside track on trades

Pension funds HIDE EFFORTS to make LARGE Buys to prevent PRICE CREEP = Use Dark Pool markets to hide their activity. = HFT BANK ROBOTS HAVE special connections to dark pool system and HFT ROBOTS VIEW THE Pension Fund’s Order and AUTOMATICALLY enters a Calculated Order on the Nasdaq to REAP THE TRADE’S PROFITS at a lower price + then quickly sell it to the PENSION FUND in the dark pool at a higher price. HFT ROBOTS = PRICE CREEPS

Lewis aims at big banks = Credit Suisse + Goldman + BofA’s Merrill Lynch = Whose giant dark pools setup for SAFETY of FUND TRADE clients to AVOID DANGEROUS HFT ROBOT CREEPS who always win out due to AUTOMATED information (TRADE) THEFT. NOW FULLY EXPLOITED BY THESE BIG BANKS ROBOTS!

LEWIS = FIRST they pretend to protect the BIG FUNDS to get them in the DARK POOLS and once they have them THESE BIG BANKS LIKE GOLDMAN SIC THE ROBOTS ON THEM to LOOT EVERY TRADE. = BANKS ACT AS CASINO OWNERS WHO SET THE “TAKE” (LOOTING LEVEL) and their ROBOTS DO THE REST FOR ENDLESS PERFECT $1OO,OOO,OOO DAYS FOR GOLDMAN.

FUNDS have learned and are LEAVING BANKSTERS’ DARK POOLS after being burned so OFTEN BY HFT ROBOTS. = “If I’m being screwed, why am I in this pool? What is the advantage of being in the dark pool than in [the public exchanges]?” BROKERS BROUGHT THEM IN FOR COMMISSIONS and to be TAKEN = PAID a fee for each transaction = HELP BIG BANKS USE HFT ROBOTS for MANY MANY ROBOT TRADES = BROKER FEE FOR EACH + BROKERS TRADE AGAINST THEIR CLIENTS.

Even worse = BANKS operating dark pools make trades using their own money – Propriety trading Banned by the Volcker Rule in REFORM PACKAGE that CUT OUT BANKSTER inside DATA ROBBERY of all trades within their exchanges.

ROBBING INSIDER TRADE INFO = REQUIRES PAYING FOR ORDER FLOW DATA

A giant online brokerage TOLD Lewis = Every year banks and HFT Firms fly to Omaha to do “handshake deals face to face” = NO “paper trail” = Payment for order flow = “off the record as possible” = NO email or phone calls = Even the Flights are HIDDEN transaction = Buried on their balance sheets.

INSIDER TRADE DATA = Sold to HFT Firms for $100s of Millions/Year to $1+ Billion.

BANK CASINOS MADE OUT EVERY WAY YOU SLICE IT = ROBOTS AUTOMATICALLY GRAB THE INSIDER DATA + BANKS SELL THE DATA TO OTHER HFT ROBOTS + ROB SLOW-FOOTED CLIENTS AND OTHER SUCKERS. = NO BRAINER SCAM ALMOST AS GOOD AS THE FED RESERVE.

Why do Funds get suckered into a rigged game = “They deserve some of the blame. They just sat there and didn’t do too much about it.” = USE Bank research reports to guide their trading decisions = FEAR Lose of access to the research.

Royal Bank of Canada’s (RBC) former global head of equities were shocked at how banks LET HFT ROBOTS ROB Funds in their dark pools = Pension Plans + Most Mom and Pops are being screwed = Bank CLIENTS and CUSTOMERS to FEED $1OO,OOO,OOO INCOMES FOR BANKSTERS.

Regulators TURN THEIR EYES THE OTHER WAY in the REVOLVING DOOR of WALL STREET-WASHINGTON = USE EXCUSES = “it’s over OUR heads” + “We have no idea what is really happening.” = SEC added NO new rules

RBC’s US trading desk = Alarmed at HFT ROBOTS and came up with a new computer program to expose just how investors were being RIPPED OFF. = SEC staffer said, “What you are doing is not fair to HFT (ROBOTS). You’re not letting them get out of the way.” Staffer wants HFT ROBOTS to post phony bids + Fake Offers to GET INSIDER DATA from actual investors = RISKS THE BANKSTERS’ HFT SCAM. RBC report found 200+ SEC staffers since 2007 had left government jobs to work for HFT firms or firms that lobbied DC on their behalf.

RBC spinoff created a new type of exchange, IEX, which has leveled the playing field by adding “speed bumps” to slow down high-frequency traders.

FUNDS AND OTHERS are catching on to the HFT ROBOT SCAM = Goldman’s Sigma X dark pool = ROYAL RIPP-OFF 50% of the TIME like GOLDMAN did in the Housing SCAM = RIPPING OFF THEIR CLIENTS’ FACES = SEC “wanted to know if Goldman Sachs’s prop group was on the other side of the trade.”

Lewis says Goldman reputation is so bad that they turned the corner = Now biggest broker on IEX = Clean up their SCUMMY IMAGE. = Slows down HFT ROBOTS + GOLDMAN sent COVER MEMO to its staff, urging them to promote the anti-HFT platform “even if that results in reduced volumes in our dark pool, Sigma X.” + Goldman op-ed in the Wall Street Journal = Argued for improvements to the proliferation of speed, complexity and fragmentation. = ZERO DONE! GOLDMAN always works BOTH ENDS to CYA!

DARK POOLS are “toxic cesspools” = LEWIS reports former Bank Execs say = But HF Traders say “that they serve a market-making function (SAME OLD LIES) and that they add liquidity (MORE LIES) — but at its core it’s predatory and the regular investor doesn’t stand a chance.”

http://www.ibtimes.com/michael-lewis-flash-boys-exposes-shady-world-dark-pools-some-funds-have-already-pulled-out-1564881

GLOBAL WARMING: 90 Companies = 63% of Man-made emissions

March 30, 2014 by concisepolitics

ENDLESS GROWTH WILL KlLL US ALL!

CLICK here: Hurricane Sandy, drought cost AMERICAN MIDDLE CLASS $100 Billion!

It is OK – Someday it will not matter!

Paul Farrell runs a column on Market Watch and has repeatedly said constant growth will ruin not only the economy but the earth as follows:

“Capitalists misleading us with the Perpetual Growth myth

Capitalism’s Frankenstein Economics is failing our nation with its core myth of Perpetual Growth, which assumes infinite resources with infinite opportunities for growth, profits, income, and wealth. Ad infinitum.

Though rich and brilliant, American capitalists have a childlike, irrational conviction that they can indefinitely mine, fish, dump, produce, grow and extract resources from the planet’s limited supply, without ever paying a steep price or planning for the day the planet’s resources are exhausted.”

BIG POLLUTION = KEEP UP THE GOOD WORK ON THE JUNK PILE!

BIG POLLUTION = A special SHORT TERM IGNORANCE IN FAVOR OF THE END OF HUMAN LIFE ON EARTH.

BIG POLLUTION = Punishes ALL – NOT JUST THEM.

CLICK here for Paul Farrell’s Column on Market Watch – Source

90 Companies = 63% of man-made global warming emissions

30% of emissions were produced just by the top 20 companies.

8.9% was from Government-run oil and coal companies in the former Soviet Union

8.6% was from China’s government-run entities.

3.5% was from ChevronTexaco was the leading corporate emitter

3.2% was from Exxon

2.5% was from BP

9.2% total from Chevron, Exxon and BP = most responsible for climate change

Oil, Coal, Gas companies = Contribute most carbon = Fund denial campaigns

“There are thousands of oil, gas and coal producers in the world. But the decision makers, the CEOs, or the ministers of coal and oil if you narrow it down to just one person, they could all fit on a Greyhound bus or two.”

— Richard Heede, at the Climate Accountability Institute in Colorado

50% of emissions were produced just in the past 25 years

Substantial reserves of fossil fuel if burned create even greater risk of climate change.

30 Years to exhaust the World’s Carbon Budget – The Danger Zone 2C warming

90 companies cumulative emissions of carbon dioxide and methane 1751 to 2010 = 914 gigaton of CO2 emissions = 87 produce oil, gas and coal and 7 make cement.

50 investor-owned firms Chevron, Exxon, BP , and Royal Dutch Shell and coal producers such as British Coal Corp, Peabody Energy and BHP Billiton.

31 state-owned companies – Saudi Arabia’s Saudi Aramco, Russia’s Gazprom and Norway’s Statoil.

9 government run producing mainly coal in China, former Soviet Union, North Korea and Poland

“By highlighting the way in which a relatively small number of large companies are at the heart of the current carbon-intensive growth model, this report highlights that fundamental challenge.”

— John Ashton, UK’s chief climate change negotiator

CLICK HERE FOR Source: Suzanne Goldenberg, The Guardian, Wednesday 20 November 2013

THINGS ARE REALLY COOKING!

IT JUST KEEPS GETTING HOTTER AND HOTTER UNDER lGNORANT BRIBED SENATOR lNHOFE!

BURN BABY BURN!

“Goodbye From The WORLD’s BlGGEST PoIIuter.” – His Final G-8 Summit

— GW BUSH (R) July 3, 2OO8

NEW ECO-ECONOMlSTS see, THlNK and plan for the long-term and know that traditional ECONOMlSTS’ and capitaIists’ THlNKlNG will lead to CATASTROPHES that soon will exhaust EARTH’s RESOURCES. UN and the PENTAGON STUDlES predict population growth will create unsustainable NATURAL-RESOURCES demands as early as 2O2O. No, we won’t wake up without a massive COLLAPSE.

OLD TRADITIONAL ECONOMlSTS are empIoyees of GROWTH CAPlTALlSTS with SHORT TERM VlEWS – They THlNK SHORT-TERM, react SHORT-TERM, pursue SHORT-TERM goals like banks, big CORPORATlONS, INSTlTUTlONAL lNVESTORS, THlNK-TANKS, government driven by daily returns, quarterly earnings, annual BONUSES. Even SHORT election cycles! If we can’t survive the SHORT, long-term is lRRELEVANT.