Chris Hedges on the Implosion of Global Capitalism 

AUDIO: Chris Hedges on the Implosion of Global Capitalism

Posted on May 26, 2015

theglobeandmail.com

In this sweeping survey of an international crisis caused by “global capitalism based on speculation,” author, Truthdig columnist and activist Chris Hedges delivers a stark and urgent apprisal of the worldwide catastrophe that’s sure to come if the current system isn’t confronted and forced to change.
Hedges sketches out the alarming proportions of the problem to “The Next Debate” host Rudyard Griffiths, chairman of the Munk Debates, in an audio interview posted on Canadian news source The Globe and Mail’s website.
In their discussion, which touches on a series of critical topics Hedges covers in his latest book, “Wages of Rebellion: The Moral Imperative of Revolt,” Griffiths and Hedges discuss income inequality; the master-slave relationship between the corporate state and purportedly “free” citizens in nations like the U.S. and Canada; the movement to boost the minimum wage; the uprising against oppressive and racist police forces in America; and climate change, among others.
In short, as Hedges puts it, “We live in a revolutionary moment.” Hear his take on how we got to this point and what can be done, in the clip below (via “The Next Debate” as posted in The Globe and Mail):

Abracadabra! Britain’s political elite has fooled us all again

new Wednesday 20th May 2015 at 10:46 By David Icke

‘Magicians call it misdirection: directing the attention of a crowd elsewhere so as to distract from the trick happening right in front of it. A bump on the shoulder, a blur of handwaving and – wham! – your wallet’s taken leave of your hip pocket.
Since the crash, British politics has been one epic act of misdirection. Lay off those bankers who shoved the country into penury! Just focus on stripping disabled people of their benefits. Never mind the millionaire bosses squeezing your pay! Spit instead at the minimum-wage migrant cleaners apparently making us poorer. So ingrained is the ritual that when a minister strides into view urging the need for “a grown-up debate”, we brace ourselves for another round of Blame the Victim. The only question is who gets sacrificed next: some ethnic minority, this family on low pay, that middle-aged dad who can’t get a job.
Here is how political misdirection works in real time.’
Read more: Abracadabra! Britain’s political elite has fooled us all again

Tories could cut a fifth of staff at department that chases tax dodgers, union warns 

Tories could cut a fifth of staff at department that chases tax dodgers, union warns

17:09, 18 May 2015
By Dan Bloom
The FDA union claims HMRC will lose up to 15,000 of its 64,000 staff - despite having to find an extra £5bn by cracking down on tax avoidance
Axe: HMRC could face huge job cuts - but George Osborne wants staff to tackle tax avoidance
Tory cuts could axe more than a fifth of staff at the department in charge of chasing tax dodgers, a union has warned.
It's claimed HM Revenue and Customs will lose out as new waves of cuts spread across Whitehall, ditching up to 100,000 jobs.
That's despite HMRC being in charge of a new tax avoidance crackdown that George Osborne claims will net Britain £5bn.
Dave Penman, general secretary of the FDA civil service union, says HMRC will suffer because other departments like education, health and foreign aid are better-protected.
And it won't be able to track down tax dodgers without investing in expensive experts, he warned.
He told Mirror Online: "Tax avoidance is just one part of HMRC but it's a critical one.

Street Democracy writes:

Our Tory 'principles of the age' are depraved, filled with unclean wisdom, a biased favouritism and a total cataclysm of our social and political democracy.

The lobbyist's who paid millions into the Tory 'general election' piggy bank, want they're financial payback. 

Their reward is to be able to continue dodging tax payments by the millions and with less staff hounding their complicated private economic system, fraudulent tax dodging can commence unchallenged.

Corporate wealth has replaced our voting system for money as these millionaires run our centralised power.

Favouring themselves, legalizing money trafficking and biased principles favouring corporatisation hierarchy enshrined into biased rich favouring law is now so obvious they may as well just admit it.

With a fanatical commitment, venal economic elite, with their banded powers of corporate principles have rigged Tory policies to favour themselves.
Our government is enmeshed with a culture of privilege, power, wealth and entitlements and with blind obedience the Tory puppet MP's are too willingly obliging.

It is so obvious.

They're not cutting staff surrounding the 'Bedroom Tax', to chase rent arrears from the poorest.

Another grotesque pantheon completely devoid of moral fibre corporate elites financial manoeuvres work our governmental system like a playing a fiddle.

Our democracy serves the corporate oligarchs. Our democracy favours concentrated wealth and our system is most radically anti-democratic.

By Debbie Simmons-Street Democracy.

Keiser Report: Modern Slave Masters

New MPs to be handed 10 per cent pay rise worth £7,000 within months

Street Democracy writes:

They financially massacre the poorest families.

Our ruling elists grotesque political pantheon devoid of moral fibre concoct 'evil in print' but evil at an intense level of sophistication so the sleepy public focused only on surviving miss it.

Our ruling elites have crucified the working poor with long arduous hours within a temporary labour market, filled with positions of back breaking gruel for minimum pay. 

We have witnessed the dishonouring of disabled people struggling to survive on a day to day basis become expelled and marginalised from mainstream society if they need to use the Welfare State for any reason like recieving benefits. 

The Tory 'spirit of the age' has been to expel those from main stream society if they suffer from poverty and don't for what ever reason contribute to a working week and tax paying completely. 

The list is endless, especially obliterating our Welfare State by deliberate under funding, the starvation of money to weaken the system and kill our NHS, necessary for the poor.

In the meantime they will accept the rules they made in the first place of recieving yet another pay rise.

We had this the last time they entered government and now its clear it is systematic.

Our leasders display a vampiric imposition of central governance, draining public wealth away from us and ploughing it into the hands of the concentrated wealthy.

The Tory government are 'trespassing authors' of toxic principles and are the agents of provocatuers to spur the public into a legitimate rage within a police state society.

DARE WE PROTEST!

By Debbie Simmons-Street Democracy.

New MPs to be handed 10 per cent pay rise worth £7,000 within months

new Wednesday 13th May 2015 at 09:51 By David Icke

‘MPs who were only elected last week are set to receive a backdated an 10 per cent pay rise worth £7,000 within months.
Parliament’s expenses watchdog is planning to a statutory review of MP’s pay in the next few weeks, which will report in the Autumn.
The review is likely to rubber stamp a finding from 2013 that MPs’ pay should increase from £67,060 to £74,000 a year.
The Independent Parliamentary Standards Authority said the pay rise would be backdated to last Friday May 8 – the day after the general election.’
Read more: New MPs to be handed 10 per cent pay rise worth £7,000 within months

Next article:

David Cameron to unveil new limits on extremists’ activities (freedom of speech)

Street Democracy writes:

Have we the people of Britain, lost control of influencing their government here in the UK?

Does the financial manoeuvres working within our government, our political 'centralised' infrastructure, making government a mere fanciable legalised banking system for the wealthy to further their financial interests?

Our government houses political parties with commercial interests, engaged in a plethora of corporate structures and a financial framework enmeshed with corporate oligarchs influencing agendas for them and not for us.

The MP's seemingly favour the concentrated wealth and all profits are institutionally organised as our democracy is warped to serve corporate elites.

Is it a 'democracy' for those above and police state society and controlled 'totalitarianism' for us below?

We see a 'criminalisation' of the public deemed 'domestic terrorists' unless you overtly prove you're not.

The 'criminalisation' of the protester, the unemployed, homeless people and all those unable to contribute towards a working week and paying taxes.

The corrupt capitalist system that has crudely penetrated our political arenas is being seen by the awakening public and this stems fear into the oligarchs.

 Their answer is simple.

The uniformed unsuspecting public have swallowed terrorism and the corporate media overwhelmingly repeats how terrorists have human rights.

They inform us the public, how they can't protect society (with their manufactured planted made up terrorist plots) unless we remove their human rights.

What they fail to say is 'we'll all loose our human rights!'

Perfect!

So we have seen staged false flags, killing innocent lives, a tragic response they receive and rightly so.

Then they let the terrorist off because of human rights issues.They know the response they will get.

Our government officials are a lot of things, but stupid isn't one of them.

This will get the public to denounce their rights and the public will be powerless to ever defend themselves again.

A perfect sophisticated propaganda machine to spew such tactics of divide and conquer, 'you're either a terrorist or your not' works.

By Debbie Simmons-Street Democracy

David Cameron to unveil new limits on extremists’ activities (freedom of speech)

new Wednesday 13th May 2015 at 09:14 By David Icke

‘A counter-terrorism bill including plans for extremism disruption orders designed to restrict those trying to radicalise young people is to be included in the Queen’s speech, David Cameron will tell the national security council on Wednesday.
The orders, the product of an extremism task force set up by the prime minister, were proposed during the last parliament in March, but were largely vetoed by the Liberal Democrats on the grounds of free speech. They were subsequently revived in the Conservative manifesto.
The measures would give the police powers to apply to the high court for an order to limit the “harmful activities” of an extremist individual. The definition of harmful is to include a risk of public disorder, a risk of harassment, alarm or distress or creating a “threat to the functioning of democracy”.’
Read more: David Cameron to unveil new limits on extremists’ activities (freedom of speech)

CERN and the Nepal Earthquake…

Street Democracy writes:

In a catastrophic collapse of moral decency oligarchs for their own gain and interest in power, control and profits are ignoring any conscience conflicting codes of ethics with weather interfering.

Manipulating our weather these oligarchs completely ignore any moral guidance when it comes to weather manipulation with the highest form of calamitous arrogance.

To control our planet, control all life upon her and own it all is a ferocious subjugation. 

In a Mafia style rogue and very corrupt form of capitalism, oligarchs own the most powerful corporations in the world and can control the very life of them to suit their agendas.

The engineering nightmare of our skies, our bio atmosphere causing extreme weather anomalies effecting our volcanoes, causing earth quakes.

Please read:

March 2014 Breaking News New Climate Geo-Engineering Chem Trails HAARP Mind control Military weather manipulation

Air Force Admits Weather Control via HAARP and New Tech

Rothschild Talks About Chemtrails Geo Engineering Weather Modification

Rothschilds, And The Geoengineering Empire

Why would the Rothschilds be so interested in owning the largest and most recognised weather modelling organisation out there? 

Why would E.L. Rothschild LLC wish to have the controlling interest in the world’s leading provider of interactive weather graphics and data services for television, web, and mobil? 

Because when you are involved in climate decimating geoengineering programs, you must also control the “forecast” models to cover your tracks.

  For more click here or scroll down by Debbie Simmons

CERN and the Nepal Earthquake…

new Thursday 30th April 2015 at 09:12 By David Icke

‘Here’s a conspiracy theory up for your consideration…
This video is titled “7.8 Quake Strikes as CERN Powers Up Beams.” By “as,” the narrator means at the exact moments a huge beam spike happened in CERN which caused a multiple system protection beam dump at the facility, Nepal’s deadly earthquake and aftershocks hit.
Not around the same time; at the same time.’

 How Much Cash Are Corporations Really Hoarding?

 Street Democracy writes: 

Our world is one enormous economic plantation system run by venal oligarchs and puppet politicians endorsing evil in print to ensure their wealth is protected and the trickle down effect is non-effective.

Evil in print in digital numbers that hold no empathy, are sterile, cold and heartless figures. Our economics holds no compassion, void totally of love, they are lifeless and dead causing an explosion of misery of a financial massacre, a slow kill, wounding many, like a plague of oppression.

A ferocious enslavement of a debt monetary infrastructure, of legalised theft from the top in vast quantities and minimal money is dripped fed back to the people living in a sophisticated squalor of desperation.

The financial debt enslavement is run by figures of fiends who have turned the human race into commodities and herded into punishment's if they fail. Disabled people, those unemployed, those unable to contribute to a working week face a punishing regime, a system and dialogue of force and benefit sanctioning.

These imposing fierce host's are the concentrated wealth placing profits before people with no regards to the health of our planet for tomorrow. Volatile models enshrined into law is the slow kill of our planet, the shattering of our social democracy, and the destruction of our freedoms.

The elite believe they own us, they own the poor, our housing, as they own the banks and own all corporations who operate a form of ownership over us also. 

Click to watch David Icke explain what our money is, and you'll be amazed how you didn't see the scam that is right here in plain sight. 'Eyes wide shut' springs to mind.

Click here or scroll down for more on this:How Much Cash Are Corporations Really Hoarding?

‘Corporate America is the standard punching bag for criticism exercises across the nation. No matter the topic, major corporations are often seen as financial heavyweights that constantly hit below the belt, at the expense of everyone else. In recent years, corporations have been called cash hoarders not willing to spend money on the country’s future. While this may be true to some extent, the full scorecard provides a less unanimous decision.’
Read more: How Much Cash Are Corporations Really Hoarding?

Wonga chief admits brand might now be so toxic it has to change its name after company crashes to £37million loss

Street Democracy writes:

In my mind Wonga is the dark foundations of a legalised enslavement system that holds humanity to ransom via money and debt ownership.

Like a 'debt deadly virus' Wonga are guilty of gorging money from the poor. Debt forces the sale of the individual, families and the entire human race.

It commodifies us, out weighs earth protection and abuses earth turning her into a privatised global plantation system.

Our lives are in perpetual debt as banks use debt to socially control us and how we live and for millions means the total paralysis of life with substandard living to starvation.

It forces a mass prostitution racket of an entire race of people to sell themselves, their creativity, their skills to be belittled for a squander amount of cash is an insult to the human race.

We witness the tyranny on a global scale of the financial industry who effectively make money out of thin air. We witness mass financial rituals that impoverish entire countries as the banking Cartel seize all wealth on the planet with a ceaseless expansion of exploitation.

Wonga are a legalised loan shark company deadly towards vulnerable people forcing repayments of exorbitant interest rates to those that didn't have the  money in the first place.

Let us hope unregulated legal loan sharks are pulled from high streets and discouraged as immoral monetary lending vultures.

I hope you watch David Icke and his take on the banking cartel. I haven't heard anyone else explain in such clear and simple terms of how we are all being fooled. A case of 'eyes wide shut'.

Click here to read more:

Wonga chief admits brand might now be so toxic it has to change its name after company crashes to £37million loss

‘Controversial payday lender Wonga could change its name in a desperate attempt to regain credibility after a string of scandals caused the firm to lose £37.3million.
The firm has been hit by new rules on payday lending, as well as being forced to pay compensation to customers who were sent fake legal letters.
Wonga’s revenues fell by nearly £100million last year to a total of £217.2million, it was announced today – months after the company wrote off the debts of 300,000 customers.’
Read more: Wonga chief admits brand might now be so toxic it has to change its name after company crashes to £37million loss

 

Newly Leaked TTIP Draft Reveals Far-Reaching Assault on US/EU Democracy

‘A freshly-leaked chapter from the highly secretive Transatlantic Trade and Investment Partnership (TTIP) agreement, currently under negotiation between the United States and European Union, reveals that the so-called “free trade” deal poses an even greater threat to environmental and human rights protections—and democracy itself—than previously known, civil society organizations warn.


The revelation comes on the heels of global protests against the mammoth deal over the weekend and coincides with the reconvening of negotiations between the parties on Monday in New York.
The European Commission’s latest proposed chapter (pdf) on “regulatory cooperation” was first leaked to Friends of the Earth and dates to the month of March. It follows previous leaks of the chapter, and experts say the most recent iteration is even worse.’
Read more: Newly Leaked TTIP Draft Reveals Far-Reaching Assault on US/EU Democracy

Is this the end of payday lenders? Experts predict downfall after Wonga plunges £35million into the red over past year after writing off thousands of loans

‘Payday loan companies which charge interest rates of thousands of per cent a year could be about to go out of business, according to industry experts.
The announcement came after it was revealed Wonga, the largest payday lender, saw its finances drop £35million into the red after being forced to write off hundreds of thousands of loans.
Tougher regulations, and a cap on the amount of interest the firms can charge per day, means that Wonga’s disastrous result is likely to be mirrored across the industry later this year.’
Read more: Is this the end of payday lenders? Experts predict downfall after Wonga plunges £35million into the red over past year after writing off thousands of loans

World Bank breaks its own rules as millions lose land and livelihoods

‘The World Bank has repeatedly violated its own policies on protecting the rights of indigenous people by funding projects that resulted in nearly 3.4 million slum-dwellers, farmers and villagers losing their land or having their livelihoods damaged over the past decade, according to documents seen by the Guardian.
The projects, into which the bank channelled more than $60bn (£40bn), aimed to boost electricity and water supplies and expand transport networks in some of the world’s poorest countries. But they have resulted in more than 1.2 million people in Vietnam being displaced over the past decade, as they made way for dams and power plants funded by the organisation. In addition, more than 1 million people in China were displaced by about $12bn of bank investment.’
Read more: World Bank breaks its own rules as millions lose land and livelihoods

Is This the Only Trillionaire Family in Modern History?

‘It’s no secret that the Rothschild family amassed the largest private fortune in modern history, making its inner members some of the greatest billionaires who ever lived. But the extent of that wealth deserves exploring a little deeper; at one point, their fortune was thought to be larger than the equivalent of the $6.4 trillion accrued by today’s 1,645 billionaires combined.
How much larger? Well, Billionaires Australia has been busy tracking down our contacts and informants, and we can reveal that at one point there is thought to have been as much as $500 trillion in the pockets of just this one family. One thing is for certain, the Forbes’ rich list would have been dominated by Rothschilds if it existed in the 1800s and early 1900s.’
Read more: Is This the Only Trillionaire Family in Modern History?

Time to ditch the PIN number: Barclays set to unveil technology that will identify customers using the veins in their finger

‘If you’re constantly forgetting your bank PIN number, help is at hand – literally.
Barclays is launching a new ‘biometric reader’ that can identify customers by the veins in their finger.
Instead of using a PIN or password, internet banking customers will merely have to press their finger on a scanner plugged into their computer, which will use infrared lights to scan the veins and blood flow under the skin to confirm the user’s identity.
Customers will then have to scan the same finger a second time to confirm their transaction as part of the bank’s ongoing bid to combat fraud.’
Read more: Time to ditch the PIN number: Barclays set to unveil technology that will identify customers using the veins in their finger

RBS to pay £15m fine over mortgage selling

‘Royal Bank of Scotland will on Wednesday be fined around £15m by the City watchdog for failures at the taxpayer-owned bank that meant customers were give poor advice when buying mortgages.
The Financial Conduct Authority (FCA) is expected to announce the fine this morning following an investigation into mis-selling in the run-up to the financial crisis.
It is believed to relate to staff being improperly trained to sell mortgages, meaning that in certain cases, buyers received incorrect advice.’
Read more: RBS to pay £15m fine over mortgage selling

What economic recovery?

‘Would you stand in line, for hours, in 91°F temp under the scorching sun, for a box of free food?
More than a thousand people in Miami did just that on Friday, Aug. 22.
Marybel Rodriguez reports for CBS Miami that the food giveaway event located at the Central Shopping Plaza at 3825 NW 7th Street started at 9:00 a.m.’
Read more: What economic recovery?

Forget something? Wall Street fat cat facing 20 years prison for 13 counts of insider trading bolted from court so fast he lost his flip flops

‘A Wall Street investor accused of insider trading over half a million dollars bolted from the press pack waiting for him outside court in New York today, sprinting so fast he left one of his flip flops on the sidewalk.
Michael Lucarelli was arrested Tuesday morning at his apartment on the Upper East Side and immediately faced Manhattan Federal Courthouse.
The 51-year-old director of market intelligence at Lippert/Heilshorn & Associates allegedly used non-public information from draft press releases to cash in on the stock market.’
Read more: Forget something? Wall Street fat cat facing 20 years prison for 13 counts of insider trading bolted from court so fast he lost his flip flops

Microsoft Admits Keeping $92 Billion Offshore to Avoid Paying $29 Billion in U.S. Taxes

‘Microsoft Corp. is currently sitting on almost $29.6 billion it would owe in U.S. taxes if it repatriated the $92.9 billion of earnings it is keeping offshore, according to disclosures in the company’s most recent annual filings with the Securities and Exchange Commission. The amount of money that Microsoft is keeping offshore represents a significant spike from prior years, and the levies the company would owe amount to almost the entire two-year operating budget of the company’s home state of Washington.
The company says it has “not provided deferred U.S. income taxes” because it says the earnings were generated from its “non-U.S. subsidiaries” and then “reinvested outside the U.S.” Tax experts, however, say that details of the filing suggest the company is using tax shelters to dodge the taxes it owes as a company domiciled in the United States.’
Read more: Microsoft Admits Keeping $92 Billion Offshore to Avoid Paying $29 Billion in U.S. Taxes

Goldman Sachs agrees to $1.2bn settlement over mortgage bonds

‘Goldman Sachs has agreed to a settlement worth $1.2bn (£723m) to resolve a US regulator’s claims the bank sold Fannie Mae and Freddie Mac faulty mortgage bonds, the regulator announced on Friday.
Under the settlement with the Federal Housing Finance Agency, the conservator for the two government-controlled mortgage finance companies, Goldman Sachs said it agreed to pay $3.15bn (£1.9bn) to repurchase mortgage-backed securities from Fannie and Freddie.
The FHFA, which valued the settlement at $1.2bn, said the accord “effectively makes Fannie Mae and Freddie Mac whole on their investments in the securities at issue.”‘
Read more: Goldman Sachs agrees to $1.2bn settlement over mortgage bonds

How the taxman is building Big Brother Britain

‘Last weekend we reported that the taxman was sending 40,000 letters to people it believed were failing to pay tax due on property investments.
The letters said: “HMRC has data relating to landlords and is comparing this with what individuals have or have not told us. HMRC is aware that you are. .  .”
Along with panic and alarm, I imagine the reaction of the recipients of these letters was to ask: “How did the taxman get this information?”
HMRC won’t answer in any detail. So I’ll try to here.’
Read more: Howthe taxman is building Big Brother Britain

Soros Increase Bet 600% AGAINST US Stock Market

‘Billionaire investor George Soros increased his bet against the US stock market by more than 600pc in the second quarter, regulatory filings show.
The man dubbed “the man who broke the Bank of England” for his $10bn bet against sterling in the 1990s, has now taken out a $2.2bn bet that the S&P 500 will fall, according to a filing with the Securities and Exchange Commission.
This takes Soros Fund Management’s short position on the index from 3pc of his portfolio to 17pc. Mr Soros’s net position on the index remains long.’
Read more: Soros Increase Bet 600% AGAINST US Stock Market