The problem is credit money…it is the root of all the corruption and extends to all of the conflicts that we are so desperately in need of addressing…it begins with our education system and moves to the defense and banking system. These groups focus on integrating people into meaningless and bureaucratic positions rather than incentivizing them to do something valuable…just look at the tenured Mr. Paul Krugman for an example of arrogance and nincompoopsiness at its finest. What does he know other than how attempt to look smart while spinning ridiculous and dysfunctional fairy tales. The subject of money: what it is, how it works and who it serves is deliberately evaded and rewarded in our society, banking system and educational system.
Meanwhile in a land that needs no new bureaucrats, the highest subscribed educational programs are for finance and law…both specialities that generally provide negative contribution to our society as a whole, while allowing its membership to leverage loopholes and our cronyist infrastructure to reap rewards - all while not getting their hands dirty, mind you, by actually doing some valuable work. The reality is our education system is a HUGE part of our cronyist based credit money goverment system. The indoctrination of youth starts with their introduction to these fields via and acceptance of the credit money system via huge debts incurred to pay for said “education” and additionally the force feeding of other credit vehicles before they even have jobs. There is no better motivator for a young person to undermine their beliefs than to get them into a compromised position where they are in debt up to their eyeballs before they even have a career. This system then lures a large percentage of these newly minted accountants, economists and MBA’s, most of whom have no understanding of what money actually is, how it work and who it serves, into the corpoate and financial system to operate at large institutions and assigns them the task of designing and executing what amounts to be a fraudulent conveyance scheme. We train them to indirectly and directly payoff anyone who gets in the way and reward anyone who would help their scheme…and finally we reward them with lavish bonuses when they do this task well. This reinforces the social expectation that Accountants, Lawyers and Bankers are actually useful professions while dissuading people fromspending their efforts on objective that are of constructive social value. Then we ensure that these professions have copious amount of opportunity by building a tax and legal system so mired in confusion that these newly minted candidates can spend their full effort figuring out how to benefit at someone else's expense while transferring the wealth and resources back into the creation and issuance of new credit which supposedly represents real money…The results of that credit schema go to line the pockets of the most senior nincompoops and supports the political elites and cronyist bureaucrats.
The world would be a much better place if the most sought after majors were music, philosophy, agriculture, science, dentistry and carpentry…even ditch digging...pursuits that actually produces something of use…playing with numbers for economic, accounting and financial pursuits create no tangible output. What they do a very good job creating are intangible results which generally add complexity, inconvenience and outright theft to society’s every day functioning. We need to get back to basics. Out current situation is no exception, the crisis that our highly trained…I mean educated bureaucrats, lawyers, accountants, economists and MBAs have now built for us out of out 2007 debacle, is now much bigger and much more dangerous than its predecessor. Nice going Mr. BURNanke (chief accountant, economist, MBA), gHEiSTner and Obama - I hope that you are proud of your ability to do not a single thing that reduced the scale of the upcoming crisis but rather have chased to deliberately use your efforts only to further the agenda of credit money and the bureaucracy that embodies it.
Until this cycle of fake money is ended…we will continue to get just the results we should expect…fake ones. The mirror, mirror is on our wall...
Globalization and the End of the Labor Aristocracy, Part 3 - On the current structure of globalization and its implications for the distribution of income within and between countries.
9 minutes ago