CIA OVERSIGHT REQUIRES OBAMA RELEASE THE SENATE INTELLIGENCE = FEINSTEIN REPORT

March 26, 2014 by concisepolitics

UPDATE:

JESSICA DESVARIEUX, TRNN PRODUCER interviews NSA whistleblower Russ Tice = Tice says the ongoing Snowden revelations show Americans that those in power should be held accountable for serious breaches of the Constitution = Tice’s evolution from being a staunch believer in NSA mission to being the first insider to expose how the surveillance state disregarded Americans’ fourth amendment rights. – March 2014

Russell Tice is 20 Year Former NSA Intelligence Analyst Specializing in Offensive Information Warfare (O-IW), for Black World operations and programs = Expertise in Satellite & Missile Systems technology.

2005 Tice sparked a national controversy that NSA were engaged in unlawful and unconstitutional intelligence collection on US citizens

Snowden found NSA digitally recorded the contents of each and every phone call occurring across entire nations. = Called MYSTIC allows agents to go back a month and listen to phone conversations.

NSA is barred from targeting the conversations of Americans, WaPo warned that Americans are having their cell phone conversations sucked up if they call, seemingly, anyone located in a country where the program is carried out.

NSA has been doing this very thing against the American people for at least the last year and a half with the opening of the Bluffdale Utah facility in December 2012 = Capability to store all content from all communications, both phone and computer, at that facility out there. = MYSTIC in the USA

TICE: Every American has likely violated some law in the volumes of US laws. + US constitution = Civil liberties = Right to privacy as citizens = Citizens don’t have the right to force other citizens to have their liberties violated.

NSA SPYING = Part of US military-industrial complex + Our foreign policy to keep USA as the world hegemon. = US takes over economically or USA is world’s policeman = Make sure that things don’t happen + Use false pretense to invade another country (IRAQ 2003 + LIBYA). = Reagan said we are the beacon of freedom and democracy on the hill. = Fight the good fight against the bad communists and the evildoers in the world

TICE: As a CONSERVATIVE IT WAS SHOCKING when I came to find out that my own country and my own agency was woefully violating our own constitutional liberties and our country has been doing some things in the world that are just horrific.

TICE: We can NOT afford to be the policeman of the world. = $17 Trillion in USA debt = We have to lean more towards the United Nations and towards international policing.

Why Tice Decided to Blow the Whistle on the NSA:

TICE: I specialized in special black world programs = things Snowden would Not have had access to. = Dealing with our capabilities in space and missile systems = Satellite spying on politicians in a program running-up to the conflict in Iraq in 2002 and 2003 = I found out that the US was using satellite capabilities to spy on American citizens. = I found out that the targets were Colin Powell + General Shinseki + A lot of State Department + A lot of high-level military + Corporations + Big-finance = Concentrated on anything to do with anybody involved with the conflict in Iraq. + Those in fiber optics program called Stellar Wind = Domestic spying program. = Targeting was a lot wider = Supreme Court + Justice Alito + members of the FISA court + Congressmen + Senators involved with Armed Services Committee + Intelligence committees + Judiciary committees + Senior leadership in Congress + Hundreds of lawyers and law firms + Red Cross and organizations that go overseas + General Petraeus + Admirals + Generals above three-star level + 2004 Barack Obama

TICE: There an internal mechanism to Report concerns, but when the director is probably in on this its impossible to use that channel + The inspector general’s office at NSA is a joke controlled by the security office and the front office. + DODIG was a joke protecting for everybody. + Congress was a joke because everything I was telling Congress in confidence was being reported right back to NSA. = Trying to put me in jail. = All the committees I talk to were staffers that were leaking everything I was saying right back to Fort Meade and to the DOJ because they were trying to put a rope around my neck to hang me. So I went to The New York Times eventually and a bunch of papers, because NSA accused me of being mentally ill to try to silence me with the press. Thanks to Mr. Snowden they no longer say I am crazy. Then your legal department says to Media, don’t put this guy on the camera.

The initial catalyst was they put me in the motor pool as punishment to remove snow from 200 Cars in February 2004 = And that was, like, I had steam blow through my ears, and that was it. So I went to PRESS. It’s time to go tell what I know.

TICE: At my level we did not use documentation = it could be traced back to us = that was probably the smart thing. We used things like dead drops. So we know how to make sure that they cannot follow our own internal communications with our little group.

TICE: I try to limit myself to only talking about what I consider to be crimes that are committed against the American people and our constitution. = I feel I really have a debt in gratitude for Mr. Snowden because he’s basically taken that veil of craziness off of me. But there’s just too much information that’s been put out there with those files .. NSA was literally wiretapping the journalists that were involved. + On foreign countries I think Snowden released too much intelligence against foreign entities and non-nation entities that could possibly be a threat. = they spy on us, and we spy on them = NSA MISSION.

TICE: NSA MUST maintain citizens’ privacy = In order to clean up the NSA’s act. Those people in charge need to be tried, and if found guilty of violating our constitutional liberties, they need to be put in PRISON. We need to clean house at NSA. = Basically we need to kill NSA and build another agency that’s dedicated to the true valid mission and serve the American people. Not violate their own regulations, the laws, the Constitution. NSA has become a gorgon, a Medusa that has to die, because what’s going to happen with this capability? Turn this country into a dystopian police state.

Click for Source Article of Russell TICE on The REAL NEWS

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UPDATE:

CIA and NSA Wrongdoing = Requires Independent Investigation = Says former chief investigator for the Church Committee – March 21, 2014 The Real News

CLICK for The Real News Interview by Paul Jay

Burt Wides = Former chief investigator for the Church Committee = 40 years ago, the Senate Church Committee investigated wrongdoings by the CIA, FBI, and NSA.

15 former Church Committee Members = Signed a letter saying there needs to be a new Church Committee into similar CIA, NSA, and FBI wrongdoings.

Burt Wides = Senate and House intelligence oversight bodies = Too entwined with SPY agencies

Burt Wides = President Obama will not pursue an investigation into the actions taken during the Bush/Cheney administration’s ‘war on terror’

Burt Wides = Under Carter had major role in creation of both Congressional and White House oversight of CIA, FBI, and NSA.

Burt Wides = Headed the Church Committee investigation of the CIA, the first ever Congressional investigation of CIA’s questionable activities

Burt Wides = Investigated Dick Cheney’s War on Terror, including torture and extraordinary rendition for Congressman John Conyers.

WIDES: “..the two intelligence committees…are so entangled in this imbroglio with the CIA and the Justice Department that…you need an independent look at the whole question of what happened on this (Senate CIA) report…accusations of wrongdoing…”

WIDES: “…from the beginning of the Obama administration…didn’t more vigorously investigate (and he famously said, I think we need to look forward, not backward) a lot of things that happened during the Bush administration in Cheney’s war on terror.” = Obama = “…I also have a belief that we need to look forward as opposed to looking backwards.”

WIDES: “And there’s been a movement for such an independent look at that….But I think …there’s a feeling that some sort of independent commission would be useful.

FACT: John Brennan, Head of CIA = Has potential of criminal liability.

6,300-page report by is scathing of CIA criminal violations

Obama = Rejecting Prosecution = Creates a precedent that the president and the vice president and CIAS are above the law

WIDES: “…in terms of the kind of detail that’s in this report, which, according to the press, has two main themes or results that are controversial. One, there’s the suggestion…that it was more horrible, more shocking than we’ve heard so far in terms of techniques used, circumstances, people’s reaction that were filmed, and so forth.

WIDES: “…the (CIA) results of the torture were not particularly significant, and that in general it was not remotely productive enough to warrant the extremes to which it was taken, and in some cases was actually counterproductive and slowed us down in going after top people.”

WIDES: “…the Church Committee (named after Senator Frank Church of Idaho, chairman)…what we did, for the first time ever, was go to the CIA, FBI, NSA, and basically look through all of their files or investigate all of their operations, in the case of the FBI going back into the ’30s, as to a lot of questionable activities…to see what really had happened….Then a small portion of that we made public…it exposed the NSA’s original MINARET program, spying, wiretapping, and eavesdropping electronically on opponents of Vietnam, which is what led to the FISA law and the FISA court, the FISC court. We exposed…the lurid details of the COINTEL program (infiltrating and disrupting activist groups). We exposed the CIA domestically spying–.

WIDES: We exposed CIA “trying to get them to kill each other (black activist groups)….we exposed assassination plots….all activity against Castro…exposed the CIA spying and infiltrating with the FBI on Vietnam opposition…we exposed a lot of things. And it led to a number of reforms, not only the establishment of the intelligence committees…it also resulted in a number of laws and executive orders to protect American civil liberties and so forth.”

JAY: “Did the CIA more or less not get back to being what the CIA was before the Church Committee? Especially because…the Senate Intelligence Committee… wind up being so integrated, so embedded, so entwined.”

WIDES: “…any oversight group gets co-opted, whether it’s this SEC looking at Wall Street or whether it’s the compliance committee of a pharmaceutical board of directors. When that’s compounded with sharing very sensitive secrets daily, that cosiness is exacerbated.”

FACT: CIA involved in backing coups and illegal activities, the Iran-Contra

WIDES: “I divide recent American history into…before 9ll, after 9ll.”

WIDES: “…after the Church Committee revelations, at least the liberal community was outraged, and especially because they were spying on First Amendment activities of Americans dissenting…(NOW) What I find among many of the same types of liberals who were outraged then (NOW) very frankly, (they) don’t care even if they’re spying on my First Amendment activities…if it infinitesimally is going to reduce the risk of one more attack…That’s the big change.” (Use 9ll = pre-prevention)

FACT: An American is more likely to die in bed from suffocation that from a Terrorist Attack.

FACT: An American is more likely to die from Lightening than from a Terrorist Attack.

WIDES: “…real bottom line between balancing security and civil liberties is that … you balance it…Franklin said, if you think you can do it and you give up civil liberties, you’re not going to have freedom; if you give it up in the name of national security, you won’t have either.”

WIDES: “The problem is, if you want to maximize prevention–and the mantra after 9ll was never again…you want to know what every American is thinking, reading, and praying, and with whom they’re communicating and associating. And then you have Stalin’s Russia and Mao’s China.”

NOTE: Accountability for criminal activities goes right up to the top = Bush-Cheney-Rumsfeld’s involved in directly authorizing illegal activities, you can’t “look forward” = 6,300 pages Senate report must be released to the public if one believes in transparency, civilian oversight…the Senate has the ability to go public on their own.

WIDES: “The Church Committee took the position that Congress has the power under the Constitution to make anything public that they feel should be made public….So 98% of what the Church Committee wanted to publish (WAS).

FACT: If Senate is serious about releasing the report, they could do it.

WIDES: “they certainly could do it with regard to the conclusions, which is what Brennan and the CIA are upset about.”

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Sen. Bob Graham, former Chair of the Senate Intelligence Committee: President Must Side with Openness About CIA and 9ll

Click for PAUL JAY, SENIOR EDITOR: The Real News Network Interview of Senator Graham

Graham = President should declassify Senate CIA report on torture + 28 page Congressional report on who financed the 9ll attacks – March 17, 2014

Graham = 38th GOV of FL and US Senator now concentrates his efforts on the newly established Bob Graham Center for Public Research at Univ of FL. He served as Chairman of the Commission on the Prevention of WMD proliferation…through the WMD policy center = He advocates for the recommendations in His Commission’s report, World at Risk. He was a member of the CIA External Advisory Board. Former Chair of the Senate Intelligence Committee and Chair of the congressional joint committee into 9ll.

Feinstein’s struggle to have more oversight of CIA = Decades of long-rooted struggle

Senate Intelligence Committee’s attempt to deal with alleged torture crimes of CIA during Bush-Cheney administration = UNRELEASED 6,300-page document created by the Senate Intelligence Committee investigators. = Negotiations between the Senate and CIA for report to be RELEASED = Obama can do that with a PEN in a MINUTE and he says he’s in favor of doing just that. Report will cause heads to roll = Allegations of criminal activity conducted by various people in the CIA Torture Program.

Core of this: Is there civilian oversight of the CIA? Graham addresses this issue.

GRAHAM = We’ve had an active military intelligence service since Revolutionary War. CIA in 1947 = First civilian intelligence agency = Immediately raised the issue of who’s going to provide oversight from the congressional side of the American government.

CIA Scandals in 1960s and 1970s = Led to the Church (Frank Church of Idaho) Committee = Recommended permanent intelligence oversight committees in both the House and the Senate. = Friction between the intelligence community and the congressional oversight committees on compliance and all relevant information = CIA said the committees got too much into the operations.

GRAHAM = CIA HACKING and SPYING on the Senate investigators = A new dimension to this recurring problem. CIA’s internal investigation of torture interrogation techniques is the Panetta internal report = VERIFIES the Senate’s Report should have been given to the Senate Intelligence investigators. CIA says they kept it hidden but the Committee found it in a search. = Feinstein says it was part of the original transfer of information so it is appropriately a part of the committee’s investigation.

GRAHAM = CIA should have transferred it = Important piece of information that the committee deserves to have access to, and it represents what the CIA itself, after careful examination, concluded to be both the nature of the investigation.= much harsher methods were USED than previously revealed + Information Effectiveness of the interrogation was NOT USEFUL.

GRAHAM = When I was in Feinstein Chair in Early Bush years, the CIA LIED about the Torture = CIA NEVER told our committee what was going on. CIA claims they briefed us 4 TIMES in 2002 but my trusty little notebook (I write down everything) on three of the dates there was no meeting held, and on the fourth date there was a meeting held, but the subject matter was unrelated to the issue of torture. CIA agreed they had LIES!

Was committee manipulated by the CIA? GRAHAM = There was some of that.

Graham = CIA and FBI told us nothing withholding evidence. Two of the earliest hijackers were living in San Diego and their files in San Diego. Over the objection of the FBI, we sent staff to San Diego, and they found a trove of information showing close ties to employees of the government of Saudi Arabia or other suspicious Saudi affiliations + a retired university professor on FBI informant payroll who operated a boarding house, and two of his residents were these two future hijackers. 2 of the people who killed 3,000 on 9ll were living in the home of a paid FBI Informant.

Coined Phrase = DEEP STATE = Their own agenda on how to conduct FOREIGN POLICY and the president and Congress are pushed in various directions. = Intelligence sets it OWN AGENDA and have really their own momentum. GRAHAM = There was some of that.

GRAHAM = The President appoints all the major CIA figures and has the obligation to oversee the specific management of those agencies. = They better not go rogue – doing whatever they want to. They better be acting at the direction of the president.

Obama could immediately declassify the 6,000+ page REPORT = Brennan, head of the CIA, could face criminal charges + GOP would make it seem like Obama is going to war with the intelligence community = Possible fearful results. GRAHAM = There’s a third reason = It will REVEAL the level of competence of the CIA = CIA doesn’t want that disclosed, and the president is protecting them.

GRAHAM = Our Report on 9ll had a 28 page chapter on who financed 9ll = Censored now for more than 12 years and HIDDEN FROM AMERICANS far into the FUTURE. = “I think that’s an outrage.” A lot in that report explains how 9ll was allowed and happened.

PAUL JAY = I do know what’s in those 28 pages (LATimes + NYTimes) = Actual names of members of the Saudi government who facilitated the financing of 9ll.

Obama says he wants these documents to go public, has the power to do so, but isn’t releasing them. = A president saying he wants openness, except he isn’t. + CIA is threatening the Senate Intelligence Committee to stop the release of documents. = A CRISIS OF CONSTITUTIONAL PROPORTIONS!

GRAHAM = “It is, and it’s a crisis which is unfolding, uniquely, in public view.” = laundry being washed in public view. = If the Congress does not OVERSEE the CIA then NOBODY WILL. = No journalist has access – So I think this is a major CRISIS!

GRAHAM = OBAMA is KEY = “I personally hope that he will resolve it on the side of openness and then be prepared to deal with the consequences…” = Not just this 6,000-page report on torture, but “also include things like the report on who financed 9ll.”

Much of these secrets are not really about national security but is more protecting people’s rear ends? GRAHAM = The classification is done by a committee of representatives of the different intelligence agencies = “have the desire not to have their agency appear to be less than a highly competent…” = Nobody represents the public interest. = They “cover up incompetence.”

GRAHAM = The Church Committee report “puts an enormous amount of responsibility on the two congressional intelligence committees…to know everything about the activities of all of the intelligence agencies.” = CIA and NSA

SAUDIS FINANCED 9ll – JUST THE FACTS

Click for Sen. Bob Graham interviewed by Paul Jay on The Real News Network

Culture of “not wanting to know” was created to prevent 9ll from being uncovered

Culture of “not wanting to know” was created to protect the Saudi government

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The Saudi role in the events of 9ll and Saudis’ influence on U.S. foreign policy.

Senator Graham is author of the book Intelligence Matters: The CIA, the FBI, Saudi Arabia and the Failure of America’s War on Terror.

Prince Bandar, then Saudi ambassador USA, within hours of 9ll, contacts President Bush for QUICK EXIT FROM USA of Many Saudis = Heads of the FBI and CIA did not authorize these flights to get Saudis out of the country? Prince Bandar, within hours of the attack, wants to get leading Saudis out of the country because he somehow knew 15 of the 19 conspirators were Saudis. How did Bandar know so many Saudis were involved in 9ll?

GRAHAM: At the WORST he knew it because he was aware 9ll plot was developing.

GRAHAM = At BEST his press people had access to the wire services that identify 15 of the 19 people were Saudis. BUT HOW DID THE AP KNOW SO QUICKLY? The Manifest of the four airplanes showed Saudis names well known to the intelligence agencies.

GRAHAM = Two of the SAUDIS had participated in “the summit of terrorists” in Kuala Lumpur, Malaysia, in January 2000.

GRAHAM = US reaction to the REQUEST to LEAVE at Presidential level surprised me after a mass murder of mostly US citizens. No interrogation of Saudi people who might have information about this mass murder and the president agreed to the to allow a chartered plane to fly from Lexington, Kentucky, back to the Middle East with 144 persons. = ZERO prescreening or interviews or debriefing ed in terms of what they knew. After the flight departed the FBI said we would in fact have interviewed a number of them as people of interest.

GRAHAM = EXPLAINING BUSH’S ACTIONS = Murky = Special USA relationship with Saudi Arabia since WW II on petroleum + Special relationship of Bush family with Bin Laden Family back to BUSH’s grandfather + Saudi Arabia a Source of Stability who must be kept clean and credible + Bandar said 75% of hijackers were Saudis put all Saudis at risk. Yes several members of the bin Laden family were close to the royal family. Bush was NOT at all curious as to what the 144 Saudis knew.

GRAHAM = There were About a dozen ways the 9ll attacks could have been prevented. A Culture that’s deliberately created (beyond lack of curiosity)

FACT: Head of CIA, George Tenet, first briefing of Bush-Cheney said #1 security threat to USA is OBL and AQ and Bush-Cheney demote Richard Clarke, antiterrorism czar. Clarke testifies our hair was on fire for 4.5 MONTHS, but he couldn’t get anyone’s attention on AQ threat. = FAR BEYOND A LACK OF CURIOSITY!

GRAHAM: “Yeah! This culture of protection of the Saudis ran up and down the ranks of the federal government.” Treat Saudis with KID GLOVES.

BUSH = We’re not interested terrorism anymore = seemed to be coming from the top a culture: don’t follow terrorism; we’re not interested in it.

GRAHAM = “The issue of whether the 19 hijackers acted alone or whether they had a support network has enormous current consequences. If in fact the Saudi government was the source of financial, logistical support, provision of anonymity that allowed these people to stay in the country such a long time and go undiscovered, if they were part of the system that made that happen, think of what it would mean to U.S.-Saudi relations today. It would be a complete overturning of the premises upon which we have been dealing with Saudi Arabia, that it was a loyal ally of the United States to now being seen as a country which was prepared to sell its soul to the worst in the world, even if that meant putting the United States in jeopardy and the loss of life of 3,000 people.”

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“I can think of no faster way to unite the American people behind GEORGE W. BUSH than a TERRORlST attack on an American target…..”

– Henry Kissinger, Propagandist!TIMELlNE: BUSH-CHAlNY ignored 9ll RlSKS FOR 4+ MONTHS (May 2Oll) WITH ClA ALMOST SCREAMlNG AT THESE NEOCON CRlMlNALS who wanted a FAKED WAR!

“I can think of no faster way to unite the American people behind GEORGE W. BUSH than a TERRORlST attack on an American target…”

– Henry KlSSlNGER, PROPAGANDlST – NlXON (R) CRlMlNAL

NEOCONS took no precautions and PROVlDED ZERO DEFENSE during 9ll!

May 1, 2OO1 ClA told BUSH “group presently in US” was planning a TERRORlST Operation.

June 22, 2OO1 ClA Brief AQ strikes could be “lMMlNENT”

NEOCONS who CONTROLLED Pentagon said ClA was FOOLED as OBL was Pretending!

NEOCONS WANTED lRAQ WAR & LlED that OBL was Conspiring with Hussein,

June 29, 2OO1 In response, ClA pleaded with BUSH to address OBL DANGER.

ClA = MASSlVE evidence OBL intended an attack of “Dramatic CONSEQUENCES” w/MAJOR Casualties.

July 1, 2OO1 brief stated Operation “will occur soon” and was on track – ClA APOPLETlC

July 9, 2OO1 ClA official suggested staff put in for transfer, but nobody was trained!

ClA Brief: Ibn Al-Khattab, extremist in Chechnya linked to AQ

BUSH ignored lnformation sounding NO aIarm beIIs

July 24, 2OO1 BUSH notified attack coming. BUSH said “NO.”

AUG 4, 2OO1 ClA in Passive Mode ignored SAUDl in Orlando sent back overseas

AUG 6, 2OO1, GW Bush received an intelligence briefing in the Oval Office warning of an imminent major terrorist attack on American soil involving hijacking commercial airliners and using them as “flying bombs”. ClA presented through analysis of AQ Goals & History

AUG 18, 2OO1 Co-CONSPlRATORS arrested at MN flight school.

“I don’t think anybody could have predicted (they) would take an airplane and slam it into the WTC”

– RlCE in SAD attempt to cover for ignoring WARNlNGS and showing ZERO lnterest!

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PENTAGON’S ARMED DRONES = Over Yemen Banned after # of Botched Operations killed civilians.

CIA’s drone war Continues = Yemen + Pakistan + Jordan

“Despite rampant rumors that the C.I.A. is getting out of the counterterrorism business, nothing could be further from the truth.

— Brennan CIA director speech at the Council on Foreign Relations – CIA’s covert action “will keep the CIA on the front lines of our counterterrorism efforts for many years to come.”

CIA = Arms and Train Syrian AQ Contractors = Requested by Jordanian government

Brennan said (2013) = He would refocus CIA on traditional espionage + intelligence collection and analysis.

Obama (2013) = Announced new DRONE procedures transfer responsibility of Pentagon

“Some might want to get the CIA out of the killing business, but that’s not happening anytime soon….the CTC community has grown dramatically since 9ll and is fighting to keep its turf. And, they’ve been somewhat successful in that regard, especially with the drone programs.”

— Michael A. Sheehan Prior senior Pentagon official in charge of special operations

Brennan’s day of reckoning for CIA TORURE is coming. = Senate Intelligence Committee Report on CIA’s detention and interrogation program.

Brennan spent 4 years as Obama’s top counterterrorism adviser = Targeted Drone Killing operations against AQ Contractors. = Conflict with CIA’s ASSIGNED Espionage Activities

Brennan criticized the CIAs inadequate analysis of the Arab revolutions of 2009

Brennan = CIA needed to transfer its paramilitary role to the Pentagon. = “The C.I.A. should not be doing traditional military activities and operations.”

Counterterrorism apparatus = Steadily grows in budget, manpower and influence for more than a decade.

US officials said the drone program in Pakistan could continue for years = Run by CIA

Years of focus on DRONE targeting terrorists = Undermined CIA’s intelligence and forecasting capabilities. Brennan wrote = “with $Billions invested in CIA over the past decade…policy maker expectations of CIA’s ability to anticipate major geopolitical events should be high.” = BUT CIA failed badly on the Arab Spring + Russia in Crimea

Click for Source Article in NYT

REAGAN-THATCHER SCAMS = NO FUTURE FOR 99+%

March 25, 2014 by concisepolitics

REAGAN-THATCHER SCAMS = NO FUTURE FOR 99+%

The rise of a low-wage economy and record inequality in US and UK

30-year anniversary of the 1984-85 UK Miners Strike.

George Irvin is Research Professor at the Univ of London (SOAS) and author of: Super Rich: The Rise of Inequality in Britain and the United States.

1970s crisis in Capitalism = Has deepened with the Thatcher-Reagan CREATED CRISIS era = A response to ’70s profit squeeze acute in US and UK = Done to restore profitability.

Reagan-Thatcher Revolution = Destroy unions and Labor Power to Negotiate Higher Wages = MAXIMIZE Profits.

Reagan-Thatcher Revolution = Internationalization of competition = Companies saw their profits squeezed by BRIC industrializing Underdeveloped Countries. MAKE GLOBALIZATION GREAT FOR COMPANIES BY MAXIMIZING SLAVERY.

UK and US were squeezed by competition from Japan and Germany with much more modern economies. = Newer Machine Technology = Better Products! = Total Failure of US and UK to modernize industry.

1960s + early ’70s = UK Labor Government wanted to modernizing industry = White heat of technological revolution = But Labor LOST to the Reagan-Thatcher Era. = 1970s was the setup period for ’80s and ’90s Squeezing of Workers’ Wages = Implement the Low-wage economy to MAXIMIZE MULTINATIONAL LOOTING.

Reagan-Thatcher Revolution = Great wave of private equity takeovers and mergers = Rise of private equity groups concentrated capital and pretend to Modernize Industry = But was PURE asset stripping for PRIVATE GAINS = A SCAM.

LONDON BANKSTERS = ONLY PROSPERITY IN UK

Before Reagan-Thatcher = US and UK economies moved towards Financialization = Give Finance Capital (EXTRACTION FROM REAL ECONOMY FOR PERSONAL LOOTING) the Upper Hand over Industrial Capital *INNOVATION AND PRODUCTIVE GDP VALUE)

1971-72 Smithsonian Agreement effectively (NIXON ENDED THE GOLD STANDARD) ended the Bretton Woods system of floating exchange rates to help the banking system to MAKE TRADING in FOREIGN EXCHANGES A MASSIVE LOOTING SCAM with annual GLOBAL flow of foreign exchange $1,000+ Trillion = $1 Quadrillon. = LONDON BANKSTERS Power to skim a small percentage for VAST PERSONAL WEALTH = Economic and Political power LONDON’S MAJOR FINANCIAL SECTOR SCAM = LAY WASTE TO LABOR.

FOREIGN EXCHANGE SCAM = Made the very poor even poorer by de-industrialization of UK replaced by the GLOBALIZATION SCAMS of cheap service sector–McJobs and Walmarts, etc. = Paid MIN WAGES or allowed to pay even LESS. = ENDED MIDDLE CLASS WORKERS protected by UNIONS = RISE OF THE RICH FEW + An UNDERCLASS 99.999% Other.

Reagan-Thatcher Revolution = Dropped taxation of the RICH + RAISED Indirect taxes on the POOR AND MIDDLE CLASS. = MASSIVE RECORED INEQUALITY = Growing poverty + A FEW $BILLIONAIRES + A falling off of GOV SERVICES AS GOV IS BEING SHRUNK WITH THE FALL OF TAX REVENUES FROM RICH AND EVEN BIGGER CORPORATIONS. = Public Services SCALED DOWN from 1950s, ’60s, and ’70s under Thatcher and Reagan VOODOO.

Where does the economy go from here?

US produces WEAPONS SYSTEMS and UK produces almost NOTHING in Real PRODUCTS OR SERVICES.commodities. LONDON is highly Financialized UK Economy = HUGH GROWTH in SCAMMED LOOT + Industrial sector has fallen = Pauperizing most workers. = NO HIGH-WAGE ECONOMY!

US and UK = Only way demand can keep going = Military + DEBT for PEOPLE = DEBT AND USURY SLAVERY = Extend growth for a SHORT while, but as POVERTY GROWS the MORE DEBT OPTION ENDS = END of Anglo-Saxon SCAM C”R”APITALISM in US and UK but LONDON AND NYC plans to EXPLOIT DESBT SLAVERY AROUND THE WORLD. No Positive Future for WORKERS as GOV is OWNED by the MULTINATIONAL BILLIONAIRE OLIGARCHS. = NO growth in UK and USA as they continue to SHRINK GOV and strangle workers and DO AWAY with UNIONS. = END TO US AND UK CONSUMER ECONOMY!

If US and UK FURTHER DECLINE as world power over next 20 years = Largely because of DECAYING INEQUALITY ECONOMICS

HISTORICAL SUMMARY = Postwar expansion — 1970 Profit Squeeze — Currency Scams — Squeeze on wages (SLAVERY EXPLOITATION in ASIA) — Financialization SCAMS in debt-driven SCAMS — MASSIVE INEQUALITY of TODAY.

Click for The Real News Article

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Roots of Income Inequality by David Cay Johnston, a Pulitzer Prize Winner in 2001

$10.10 MIN WAGE = Substantially lower than 1960s

Obama’s State of the Union 2014 focused on expanding economic opportunities by raising the MIN WAGE + Make college more affordable + Increasing economic mobility = “after four years of economic growth, corporate profits and stock prices have rarely been higher, and those at the top have never done better. But average wages have barely budged. Inequality has deepened. Upward mobility has stalled…. too many Americans are working more than ever just to get by–let alone to get ahead. And too many still aren’t working at all.”

FACT: Past 5 years income and wealth inequality has accelerated.

JOHNSTON: It’s important that we restore the minimum wage. Back in the mid ’60s, it was almost $11 an hour.

Education = Neglected in USA with huge barriers for bright but poor and middle-class children getting first-rate educations, especially at college.

More fundamental problems = GOV POLICIES take money from the many and redistribute it to the few:

Middle Class Tax dollars Build Factories in Foreign Lands
Middle Class Tax Dollars Build Private Office Towers
Middle Class Tax Dollars Build Shopping malls
Middle Class Tax Dollars Pays for WARS OF CHOICE = OFTEN FAKED WARS
Middle Class Tax Dollars Subsidize Multinational Corporations and BILLIONAIRES
Middle Class Tax Dollars help Multinationals Exploit $1 per Hour Slavery
Middle Class Tax Dollars indirectly Subsidize Wall Street Speculation Via The FED

NO Middle Class Tax Dollars help Mom-and-Pop Companies

Middle Class Taxpayers are cheated by Multinational corporations who delay (often indefinitely) paying income taxes or Hide Income Offshore for 30 to 50+ Years while collecting Interest = MONEY PULLED FROM THE REAL ECONOMY.

OBAMA: “Opportunity is who we are. And the defining project of our generation must be to restore that promise.” = Access to a good job!

“Inequality Rising–All Thanks to Government Policies” by David Cay Johnson = Shifted income tax burden in USA to the middle class = Paying higher Taxes than in the early ’60s + Corporations Pay NEAR ZERO NOW + Top O.1% Pay NEAR ZERO in TAXES using 14,OOO LOOPHOLES. = 90+% of people can’t save or invest.

Government Policies = Completely eviscerated unions = Now 7% of private production workers are in unions compared to 35% in 1970s. Germany is heavily Unionized. MULTINATIONALS have PUSHED DOWN WAGES using $1 an hour SLAVERY in ASIA = Subsidized by GOV INCENTIVES or SUBSIDIES.

Government Policies = Deindustrialization of USA = 58,OOO FACTORIES CLOSED and shipped to Asia or South of the Border. = 12,OOO,OOO JOBS LOST with a MULTIPLIER OF 4 TO 6 TIMES other JOBS LOST. = SIDE GOAL = KILL UNIONS

CHINA ALONE = Factories sent just to China = Cost 2.8 Million Jobs conservatively.

Mexico + Vietnam + South America = MILLIONS MORE = GOV INCENTIVES

Government Policies = Made the global-level capitalists very wealthy = MULTINATIONALS out to MAKE A KILLING = Doing terrible damage to the rest of the country.

Specific policies Causing INEQUALITY:

Government Policies = Free trade = NO such thing = Trade is subject to intense rules = MULTINATIONAL LICENSING OF SLAVE LABOR to MAX PROFITS. = Secretive Trans-Pacific Partnership Obama is push through Congress with no significant debate = Up-or-down vote = Chapter QQ (over 40 chapters) = 30,000 words of gobbledygook rules to benefit BIG MULTINATIONAL Corporations at expense of working people in USA and elsewhere = Done in secret = NO open discussion of shifting jobs out of the country.

Government Policies = Korean Free Trade agreement we were promised both sides would be better off with more exports = $1 of USA gain VERSUS $25 in South Korean GAINS.

Government Policies = Could substantially reduce or reverse income inequality = TAX MULTINATIONALS AND CORPORATIONS AND THE RICH and REDUCE TAXES ON MIDDLE CLASS AND POOR + Raise MIN WAGES back to PAR with 1960s including federal contractor employees who use food stamps. + Stop massive subsidies to Walmart and Walton family = MIDDLE CLASS TAXPAYERS HELP BUILD THEIR STORES + Warren Buffett AND Burlington Northern Santa Fe Railway does NOT need to have MONOPOLY RATES.

CLICK for David Cay Johnston Interview on The Real News

INEQUALITY FACTS AND CURES

March 24, 2014 by concisepolitics

UPDATE: Nasa study = Industrial civilization headed for ‘irreversible collapse’ in a perfect storm that will unravel the global system in coming decades due to unsustainable resource exploitation and increasingly unequal wealth distribution.

Nasa study of Historical records = “the process of rise-and-collapse (of Advanced, complex civilizations) is actually a recurrent cycle found throughout history.” Cases of severe civilizational disruption due to “precipitous collapse – often lasting centuries – have been quite common.” = ROME + PHARAOHS + equally (if not more) advanced Han, Mauryan, and Gupta Empires, + Mesopotamian Empires = Facts that “advanced, sophisticated, complex, and creative civilizations can be both fragile and impermanent.”

Most salient Factors = Population, Climate, Water, Agriculture, Energy = “the stretching of resources due to the strain placed on the ecological carrying capacity” + INEQUALITY “the economic stratification of society into Elites [rich] and Masses (or “Commoners”) [poor]” = Social phenomena have played “a central role in the character or in the process of the collapse (over) the last five thousand years.”

NASA Study = “[e]lite wealth monopolies …are buffered from the most ‘detrimental effects of the environmental collapse until much later than the Commoners,’ allowing them to ‘continue “business as usual” despite the impending catastrophe… While some members of society might raise the alarm that the system is moving towards an impending collapse and therefore advocate structural changes to society in order to avoid it, Elites and their supporters, who opposed making these changes, could point to the long sustainable trajectory ‘so far’ in support of doing nothing.”

This Delay of CHANGE leads to the impending Collapse.

Click for Guardian Article on NASA STUDY

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WOMEN POWER = WE SHALL NOT BE MOVED!

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FACTS ON INEQUALITY:

UPDATE: Finland Fixed Inequality with TAX SYSTEM!

#1 Finland MOST INEQUALITY of Pre-tax household incomes = Like UK and USA

#1 Finland MOST EQUALITY of After-tax household incomes = NOT like UK-USA

Finland proves it is possible to change income distribution dramatically using TAX SYSTEM!

Finland is the country among the highest life quality in the world = According to the “prosperity index” published by the Legatum Institute

USA = Past 20 years, O.33%/Year growth in incomes for poorest 99% in USA = widespread stagnation of living standards.

Japan tax system redistributes almost nothing but the country’s economy delivers more EQUAL outcomes.

Underlying causes of Inequality:

Fortunes do not accumulate through skill and luck alone = Laws and regulations can be changed. = Break up Monopolies + Change Patten rules + Change Copyright laws + Change Tax Rates + Maximum Incomes = Reform redistribution to reduce Inequality

Finland is a rich and successful nation but changed its income distribution dramatically through the tax system. = IMF celebrated research paper adds careful empirical backing to this intuitive idea.

How should be redistributed
How to we redistribute
Tax codes are riddled with loopholes and special cases and are getting Worse
Focus on Sensible tax design and less attention to crowd-pleasers.
Inequality = Good teachers in most classrooms + Safety in poorer areas + Affordable public transport + Toddlers receive stimulating childcare + Pension system encourages savers without making millionaires out of slick middlemen

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Reduce Poverty and Save Taxpayers $Billions/Year By Sally Steenland | March 19, 2014

Click for Source Article

$4.6 Billion/Year = Saved for Middle Class Taxpayers by Raising federal minimum wage to $10.10/Hour = Reduced need for federal assistance = SNAP

$4.6 Billion/Year = Report by the Center for American Progress and the Institute for Research on Labor and Employment on Min Wage and SNAP = “The Effects of Minimum Wages on SNAP Enrollments and Expenditures”

FACT: Every $1 increase in family earnings brings a 30 cent drop in SNAP benefits.

FACT: Best way to CUT BUDGET DEFICIT and spending is by raising the minimum wage. = “It’s a win-win all around. Workers win, taxpayers win, and small businesses and the economy win when workers have more money to spend.”

— Melissa Boteach, Vice President of the Poverty to Prosperity Program at the Center for American Progress

FACT: $4.6 Billion/Year savings comes from businesses paying for their own Employees instead of Middle Class Taxpayers picking up the TAB = Subsidizing MULTINATIONAL Corporations = Wal-Mart, Target, McDonald’s, Taco Bell, and Pizza Hut—whose incomes are soaring while .

SNAP = Effective Program that feeds families, improves the health of low-income children, and is a smart investment in our nation’s well-being and future.

Current FED MIN WAGE $7.25 = $15,080/Year full-time = $4,000 below poverty line

Gallup Poll = 75+% of Americans want higher minimum wage
GOP 58%
Independents 76%
Democrats 91%

FACT: Americans believe full-workers should make enough to support their families

GOP Congress = Out of step with the public = Discharge petition can force a vote on raising MIN WAGE will show where Our representatives stand.

ISSUE: Welfare to $BILLIONAIRES versus MIN WAGE

Pope Francis = Speaks of the dignity of work = “We get dignity from work….safety of the worker always be protected.”

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GOP AND FORBES SOLUTION FOR INEQUALITY = WAKE THOSE LAZY Fs UP and HAVE THEM EXPLOIT OTHER PEOPLE LIKE THE RICH DO TO GET RICH THEMSELVES and shut the F UP on OTHER SOLUTIONS.

Click for Forbes Article = PURE LIES!

INEQUALITY SOLUTION: A recent vote in Switzerland restricts corporate pay

GOP says = DON’T YOU DARE THINK = Wealth is the culprit.

GOP = Poverty and social dysfunction are what plague us = Cannot be fixed by taking from the haves to give to the have-nots. The WORTHLESS have-nots must become the “do-somethings.” = MORE FREEDOM TO EXPLOIT IS WHAT IS NEEDED. = Thrilled about wealth in the hands of FEW 425 BILLIONAIRES = Exciting and inspiring FEW says article in Forbes. It is just JEALOUSY. The poor have refrigerators and a TV so capitalism is working. GOP = Any form of Socialism like Scandinavia has – is economic insanity = Simply the Highest standard of living in the world. GOP = We can NEVER tolerate the folly of redistribution through taxation and transfer payments.

GOP FALSELY defines Socialism as Communism and state runs all production and resources and the state sets prices arbitrarily and requires rationing and NO DEMOCRACY like a dictatorship and loss of all liberties = North Korea LOL! GOP is so absurd! To GOP the two choices are THE ABOVE FAKERY of FREE MARKET GLOBALIZED C”R”APITALISM AND EXPLOITATION of SLAVE LABOR.

GOP = says life in Scandinavia is miserable, sick, and poor we’d be without the creative power of a free market. = People have no incentive to carry life on into the next generation. People need incentives to believe that their children will thrive and prosper. GOP says so socialism in Scandinavia with the HIGHEST QUALITY OF LIFE IN THE WORLD is to be dreaded = Only CUT-THROAT c”r”apitalism works.

GOP = Focus on the real issue that ignites anger, fear, and sadness = THOSE LAZY POOR PEOPLE living in poverty. The RICH NEED to keep on their misguided pillaging of the 99%. WAKE THOSE LAZY Fs UP and be like US ACHIEVE WEALTH by inheritance and EXPLOITATION OF OTHER PEOPLE and OUR NATURAL RESOURCES. Unleash this CREATIVITY FOR ALL OF THE 99% and we can END THE WORLD TOGETHER!

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Top 10% = Possess 80+% of all financial assets (2007)

Top 1% = Posses 37.1% of all total wealth

Bottom 80% of the population owned 7% of total wealth (2011).

GOP BUSH Great Recession = LOSS of 36.1% in median household wealth

Top 400 Americans = 50+% of ALL WEALTH (2011)

USA # 1 in 2013 in wealth inequality = Worst of ALL developed countries = Hidden Offshore holdings in Europe.

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Inequality is unfair But a stronger argument is TURN STRUCTURAL REFORM ON ITS HEAD = EASY SOLUTION: GUARANTEE EVERY AMERICAN A BASIC LIVING INCOME AT OR ABOVE THE POVERTY LINE!

RICH ARGUE with breathless outrage = NO ONE CAN LOOT ENOUGH MONEY! + You are just JEALOUS of me.

BLIND INJUSTICE

STRUCTURAL REFORM = Classical IMF-Washington NEOLIBERAL SPEEK = Austerity + SLAVE LABOR MARKETS + Privatization + FREE TRADE + DEREGULATION + TRICKLE DOWN + JOB CREMATORS. = SMASH LABOR AND PEOPLE! = TOP DOWN CLASS WAREFARE LIKE THE PAST 30+ YEARS! = FASTER EXPLOITING OF THE WORKING CLASS AND FASTER SCAMMING OF THE MIDDLE CLASS! = 425 MULTINATIONAL BILLIONAIRES GET RICHER FASTER!

REDUCE INEQUALITY = TURN STRUCTURAL REFORM ON ITS HEAD = MORE GROWTH with CONSUMER SPENDING! = The bulk of economic activity

Since REAGAN the very rich have been capturing most of the gains of economic growth, and they save proportionally more of their money. = Aggregate demand FALLS LIKE A ROCK.

SINCE REAGAN consumer spending was propped up by household borrowing SCAMS = EVER CHANGING INTEREST RATES UNTIL Household Debt Reached a CEILING as CENTRAL BANKS tightened CREDIT and THE CRASH ROBBED HOME OWNERS OF THEIR “ON PAPER WEALTH!” Median wages have been 0% for 30 YEARS SO IT WAS ALL A BUNCH OF FAKED WEALTH AND DEBT SCAMS! = IMPOSSIBLE to recover from a devastating recession.

Selling Luxury Cars, Yachts or Watches has only limited potential and with so few of them (425 Billionaires) they soon satiate themselves so they SAVE or USE THEIR LOOT FOR BIGGER SCAMS!

Capitalism has become a machine for the extremely wealthy with 14,OOO TAX DODGING LOOPHOLES and laws that legalize their MONOPOLY ROBBERY SCAMS of the MIDDLE CLASS resulting in making even MORE POOR AMERICANS ON FOOD STAMPS or WORSE = VICTIMIZATION of the 99.999%!

After World War II = Economy was geared to mass market production and growth was strong because there was an enormous HUMAN market to sell to that had some excess income to spend ABOVE BASIC SURVIVAL.

As the bulk of the Americans have had 30+ YEARS OF STAGNANT INCOME they are now increasingly alienated from any rewards of growth = AMERICAN DREAM IS IN THE REAR VIEW MIRROR! = Chronic unemployment + Chronic Poverty + HIGH PRODUCTIVITY + HUGH SURPLUSES from mass production = But the AMERICAN people are in SURVIVAL MODE often without enough to GET BY! = NO SURPLUS INCOMES to BUY THE HUGH OUTPUTS/SURPLUSES! = Our mass production structure is rotting. = Even Larry Summers NOW says = “Lack of demand creates its own lack of supply.”

SIMPLE FACTS:

We have EXHAUSTED our ABILITY to CONSUME with 0% Wage Growth for 30+ Years and EXHAUSTION OF OUR DEBT CAPACITY built on FAKED HOUSING WEALTH! = WE HAV NO EXCESS MONEY BEYOND MEETING SURVIVAL NEEDS!
WALL STREET and MULTINATIONALS shipped OUR JOBS to $1 / Hour or even $1 / Day countries leaving a LABOR MARKET with ZERO LEVERAGE and few UNIONS to negotiate better wages. = High structural UNEMPLOYMENT.

EASY SOLUTION: GUARANTEE EVERY AMERICAN A BASIC LIVING INCOME AT OR ABOVE THE POVERTY LINE! ALL EARNED INCOME IS THEN SURPLUS INCOME THAT CAN EAT UP THE SURPLUS MASS PRODUCTION AND GROW THE ECONOMY!

SUMMARY = CURING INEQUALITY WITH BASIC LIVING INCOMES FOR ALL CURES LACK OF CONSUMPTION AND CREATES REAL POSITIVE GROWTH.

Very Serious People need to start aggressively arguing for BASIC INCOME GUARANTEES.

Click to see Source Article

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INEQUALITY = Greater Uncertainty + High Social Tensions + Political Instability

INEQUALITY = Potential for Violence and Conflicts + Demolishes human rights for 99%

INEQUALITY = Jeopardizes economic growth

INEQUALITY = Caused by Globalization UNDP Study says, “Specific aspects of globalization,…(un)regulated financial and trade liberalization processes…distributed very unequally …upward trend observed over the last decades.”

85 richest people in world since 1970s accumulated 50% of ALL wealth = Oxfam report

85 richest people in world = Own more than the poorest 3. 5 Billion people = Oxfam

Problem NOT addressed = Politics of CONTROL BY RICHEST 85

NEO-LIBERALISM OF REAGAN-THATCHER = GLOBAL EXPLOITATION OF LOW WAGE WORKERS to MAXIMIZE WEALTH AT TOP

LOSS OF UPWARD MOBILITY

30 YEARS OF WAGE STAGNATION FOR MOST AMERICANS

GROWING INCOME AND WEALTH INEQUALITY
CAUSE AMERICAN DREAM TO DISAPPEAR FOR MOST AMERICANS

MARKETED DEBT FUELED THE HOUSING BOOM

MIDDLE CLASS IS DYING

POOR ARE GROWING

USA #1 in WEALTH INEQUALITY IN DEVELOPED WORLD

USA #1 in INCOME INEQUALITY IN DEVELOPED WORLD

NO INVESTMENT IN AMERICA OR AMERICANS

FED RESERVE PROVIDES ENDLESS SUPPLY OF NEAR 0% LOOT FOR SPECULATION = NO RISK GAMBLING with MIDDLE CLASS PAYING FOR BAILOUTS

REDUCES HEALTHY LIFE EXPECTANCY BY 8 to 12 YEARS

INCREASE PRISON POPULATION
INCREASES VIOLENT CRIMES
REDUCES COMMUNITY COHESION AND TRUST

INCREASE IN MENTAL HEALTH COSTS AND LOST PRODUCTIVITY

REDUCED QUALITY OF LIFE FOR MOST

STUDY York University’s Institute for Social Research = Vast majority of Canadians believe that income inequality has worsened over the last 30 years.

NEO-LIBERALISM OF REAGAN-THATCHER = 1980 to PRESENT

University of British Columbia Study found since 1980 = Top 10% had all increase in net worth and income

NEO-LIBERALISM OF REAGAN-THATCHER = WEALTH DISTRIBUTION TO TOP

NEO-LIBERALISM OF REAGAN-THATCHER = Bottom 90% unrewarded for WORK

Richest 20% get 83% of global income UNDP Report called “Humanity Divided”

Poorest 20% get 1% of global income

75% of the world lives in GREATER INEQUALITY now than in 1990

Global GDP ballooned from $22 trillion (1990) to $72 trillion (now)

Globalization = Weakened bargaining position of relatively immobile labor = sub $1/hr

Globalization = Labor income as % of manufacturing output fell Dramatically

Globalization = Capital Flows made countries more vulnerable to economic and financial shocks, causing lower growth and employment, hurting the poor. UNDP Study

Globalization = Drives up inequality

WORLD BANK CURES FOR Globalization = Stop tax evasion + More progressive income tax Policies + Incentives for investment + Cash transfers + Credits for small businesses + Expansion of public investment + Expansion of safety nets = REPAIR TENDENCY FOR WEALTH GOING TO THE TOP 1%

CURES FOR Globalization = Redistributing Wealth and Income such as land or assets + Nationalizations have reduced extreme inequality successfully.

CURES FOR Globalization = Modify Process of Globalization + Regulation of speculative financial markets

CURES FOR Globalization = “Deglobalization” = Walden Bello – Focus on the Global South in response to the Asian financial crisis of 1997.

World Bank = Clearly states measures to reduce inequality MUST not affect “free trade.”

International financial institutions = Ignore structural causes of inequality = World Bank

International financial institutions = Fight measures to combat inequality = FAKE new name: “inclusive growth” = SAME OLD TRICKLE DOWN-GLOBALIZATION-JOB CREATE LIES

De-globalization = Process of restructuring world economic and political system to build the capacity of local and national economies instead of exploiting them for GAINS.

De-globalization = Transformation of a global economy from “one integrated around transnational corporations to one integrated around the needs of peoples, nations and communities.” = ENDS “one size fits all” neoliberalism or bureaucratic socialism. = Diversity and competition are expected and encouraged = Like nature.

De-globalization = Reorient national economies away from export production and toward production for the local market to fulfill basic human needs, relying primarily on domestic resources and employing technologies that enhance rather than destroy the community, the environment and life itself.

De-globalization = Redistribute the sources of income and wealth such as land, ensuring domestic control over key sectors of the economy and promoting community access to basic services like water, health care and education.

De-globalization = Provide more resources to rural areas to halt the migrations that increase inequality and rob local communities through resource grabbing.

De-globalization = Expand public services in rural areas and implement tools to boost food sovereignty for all communities.

De-globalization = De-emphasise economic growth based on the recognition that this growth has limits.

De-globalization = Maximize equity of OPPORTUNITY without breaking the vital cycles of nature (Diversity and competition) and overshooting carrying capacity of the Earth.

De-globalization = Make strategic economic decisions subject to participatory democracy rather than “Free Market”

De-globalization = Debate can build a viable alternatives to the flawed system we have today = Explosive inequality caused by exploitation be 85 PEOPLE!

http://www.huffingtonpost.com/pablo-erick-solon-romero-oroza/deglobalization-is-the-globalization_b_4985403.html

Britain’s oligarchs = INEQUALITY!

NEO-LIBERALISM OF REAGAN-THATCHER = Rising inequality of capitalism trying to squeeze more out of the workforce = HIGHER PRODUCTION WITH LOWER CONSUMPTION. Henry Ford paid workers more so they could buy his cars.

FACT: Growing levels of economic disparities leads to higher macroeconomic instability

Grotesque levels of inequality of wealth and income = The rottenness of a neo-Liberal model that concentrates wealth in the hands of a very few while the billions globally are poor in every sense of the word. = A sore in the side of humanity that gets worse, according to Thomas Piketty, one the world’s experts on global inequality = Rising wealth-to-income ratios, inequality, and growth by Thomas Piketty, Gabriel Zucman, 26 September 2013

FACT: Inequality has been increasing in the developed world and is now approaching prewar levels and even pre-depression levels.

Wealth Inequality = The increase in the ratio of private wealth to national income.

Reducing inequality = A defining challenges of our time.

Reducing inequality = Discussion has centered on the need to invest in education = Reduces dispersion of wages in the long run, but it is not enough. = INCOME IS NOT ENOUGH = WEALTH IS KEY!

Income inequality = Driven by the top 1% of income earners = NOT the NEXT 9% = both groups have the same diplomas (education)

Economists used to believe the ratio of aggregate wealth to income is constant over time, but it is not.

FACT: Wealth-to-income ratios of rich countries are increasing since 1970s

For Top 8 Developed Nations:

1970 = Aggregate private wealth was 2 to 3 Times national income
2014 = Aggregate private wealth was 4 to 7 Times national income

WEALTH GROWTH = Rar-reaching implications for inequality = Whole new set of policies

Private wealth / national income ratios, 1970-2010:

FACT: Wealth is very concentrated

FACT: High wealth-to-income ratios = Inequality of (wealth + inherited wealth)

Inherited wealth = Greater and Greater Concern = Need for progressive capital and inheritance taxation + International coordination to prevent wealth from hiding in offshore tax havens. = OR a wave of anti-globalization and anti-capital policies will be seen.

Postwar decades marked by relatively low wealth = Anomaly

High wealth-to-income ratios = Norm in Europe from 18th to 19th centuries

World wars = Low saving rates, and a number of anti-capital policies provoked a large drop in private wealth, from six to seven times national income to about two times in the aftermath of World War II.

High wealth-to-income ratios = Now have returned to their 19th-century levels = the wealth-to-income ratio has also followed a U-shape evolution as we see a return to almost monarchical wealth levels.

Private wealth / national income ratios, 1870-2010: Europe vs. USA

Capital share = Lower than 19th century UK and France = Maybe human capital today is more important than it was two centuries ago.

Forbes’s very top wealth holders have risen at 6% to 7% per year 1987 to 2013 = 3 times faster than per capita wealth and income at the world level.

PROJECTION = Lower Population Growth = High wealth-to-income ratios + Automation of Labor = A return to high capital shares of 19th century = Probable = Could reach 42+%. = MASSIVE WEALTH AND INCOME INEQUALITY

Bubbles are potentially more devastating when the total stock of wealth amounts to six to eight times national income rather than two to three times = Monitor and Regulate wealth-to-income ratios is important for designing appropriate financial and monetary policies.

UK 100 wealthiest people = More wealth than held by the poorest 30% of households UK bottom 10% really have no wealth at all except old cars WHAT really matters = The ownership of the means of production = Power of oligarchsSurplus of capitalism = Profits + Interest + Rents = NOT wage income = Control of stateGrowing inequality of income + growing concentration of wealth, not income = The means of production and Distribution

147 MULTINATIONALS control 40% of the all wealth in the network
737 MULTINATIONALS control 80% of all the wealth in the network

THIS Inequality HURTS the functioning of capitalism – concentrated power of capital.

Britain’s and USA’s oligarchs are BIG part of this nexus.

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SOLVING INEQUALITY George Orwell Style

George Orwell understood populist rage against income inequality in his own time

Orwell = Critiques of totalitarian tyrants + Assailed the “capitalist racket.”

Orwell = Sympathies lay with the working classes who suffered under both dictators and bosses.

Orwell = Policemen = “bodyguards to the propertied classes” whose economic system rested upon the “grab-motive.”

Orwell = Obscure the crimes of capitalism said, “The thing that attracts ordinary men to Socialism… is the idea of equality…” = “an era of equality and freedom.”

Orwell = Revolutionary feelings are undeniably important = “full of revolutionary ardor.” = “Revolutionary discipline depends on political consciousness-on an understanding of why orders must be obeyed.” = Class loyalty + “war to restore feudalism.” = Would not accept a war to restore “bourgeois democracy.” = Fight against authoritarianism, property, and inequality. = “the war and the revolution are inseparable.”

Orwell = High food prices and shortages of necessities hit the working-class hard as “queues for bread” were “hundreds of yards long.” While, “the restaurants and hotels seemed to have little difficulty in getting whatever they wanted” for their rich patrons. = Inequality was masked and not abolished. = “social atmosphere” arose from a bitter competition between “those who wished the revolution to go forward and those who wished to check or prevent it.” Main issue was control of the government and this directed the war = Who consolidates government power that prioritized winning the war and saving democracy. = This was deceptive. Often Dictatorship is replaced by Dictatorship of a different strip. = Censorship of opponents + indiscriminately jailing or executioning.

Orwell = Feigned prosperity by day and sleeping in the streets at night. = Appearance of respectability was his salvation. = Looking “as bourgeois as possible,” he avoided suspicion and crossed into France by train “without incident.”

Orwell = Disappointed in revolution for a better socialist government = “tied to the big feudal land lords and stood for a stuffy clerico-military reaction…only millionaires and romantics could want him to win.” = The sustained existence of a classless society has proved a bloody and impossible endeavor for socialist societies. Socialism does not eliminate classes, but simplifies them into the poor majority and a rich well-connected elite. = Loyalty to clan can only trump class to a limited extent.

SOLUTION: Many subscribe to socialism lite = SCANDINAVIAN SUCCESSES AND HIGHEST QUALITY OF LIFE IN THE WORLD.