The revelations by The Guardian and Washington Post about the existence of the big ears of Big Brother and collaboration of a number of wellknown US companies raises more questions, than it gives proper answers! Let's tackle one question: how, yes how!, to manage the billions of electronic communications that pass each day through networks? Why was Microsoft (here, again) the first to go and sit on the NSA's knees, according to the revealed top-secret documents? And why was Apple Inc. according to the documents more or less one of the last? Why so much fuzz as well, where an amateur-hacker can get access to private information by simply googling for it? If you know some answers, let me know! My opinion is, that this story is a disaster for US foreign policies and President Obama in the first place, for Europe engaged in controversial privacy legislations as well. The story also stirs up wild speculations, where better and verifiable information (now the facts are on the table) could considerably calm-down opinions. It's a PR disaster of magnitudes for all involved, where denials do not matter anymore. We "knew" this was going on for years already. Justified distrust in governments and their services, but also 'certain' companies, ricochets now. Either side have a lot to explain! Too many names are mentioned in available documents, too many company names as well. Too much distrust causes confusion and panic. On either side! Are we a society of psychopaths? Privacy and democracy are in great danger, it appears (from the 'security' industry that is). But let us be careful in our judgment, then those who cry 'Wolf' about privacy have all their details either on Facebook or similar sites, or they Twitter up a storm. The guys one is looking for possibly don't use the internet or unscrambled satellite/cell phones after all...
PS. You might want to read this and try (sic) that. All by just asking Google.
The lies of politicians fly into your face these days. Something must be wrong in the world and in particular in Europe. Its 'outpost' to the East, Cyprus gets its treat from it now, after Ireland, Portugal, Greece, Spain, Slovenia and Italy. France may be next, Belgium and the Dutch. Now Cyprus is cornered. Its people would have to pay for debts others created. However the moment of truth has come for this Europe. Extortion, theft, violence and lies are the means "governments", represented in Brussels' European parliament and commissions, apply to create a sort of Maoist-like utopia for themselves and criminal financial gangs surrounding them. That is why I am -for a major part- against the institute of the 'centralized State', because of its dire consequences for society. Brussels has evolved into a malign cancer spreading all over the eurozone and beyond. Were I in doubt about that, my doubts would disappear after the treatment the Cypriot people got. To steal savings and reserves from businessmen and small savers, hiking all kind of "taxations" (other word for theft) and levies (not only on Cyprus) to refinance creditors: banks, monetary funds and ultimately 'the state' itself, crosses the limits from what I suppose to be trustworthy and useful. Let's not complain though, then we voted those incompetent scatterbrains in and seem not in the mood or able to vote or get them out again! What we do see might be the beginning of the end of Europe as a civilized cooperative group of countries, working together for a better future under the direction of competent and trustworthy parliaments and governments! It may be the end of democracy as well. Who would keep his/her money in the bank any longer in Europe? Who would buy more than minimally necessary to avoid paying high value added taxes or duties on goods? Who would have children to grow up in this mess? Paying as minimally as possible to the 'state' is the best way to get it reorganized. Why pay any taxes after all, then what do we really (!) get in return? Do we need all those political 'dreams', squandering of money and the state's harassment messing up our freedom and lives? The Cyprus Incident of today will get its record in the later history books. If the Cypriots stand firm, this could be the turning point for the ill-fated socio-political utopia called EU, its fantasy-currency and its insolvent pawnshops called 'banks'.
Stefan Molineux, essayist, philosopher and Freedomain Radio podcaster from Canada, provides us with important data on what goes wrong in our western societies. His data about the USA is revealing and closely linked to other countries, some somewhat behind and others upfront "the curve", as he explains. The catastrophic socio-economics he outlines are -to the opinion of more experts- "the beginning of the end" of this type of societies. I believe that the USA and Europe are nearly at par with each other. It now depends on coincidences what triggers the final collapse of a worn out Ponzi-like politico-economic system running in many countries, with clearly incompetent and uncreative, bureaucratic governments (1, 2), failing any mechanism for their populations to -without violence- get rid of those who made and still continue to make a mess out of it for all of us. But let the figures speak first and for themselves. Whether Molineux is correct on all aspects is another question.
Exciting times in Europe! Sorry to bother you one more time with developments that overtake each-other on a per day basis. Europe is entering a war-like situation: us against them, it seems. Or to say this in other words: growth against austerity. The analysis from Prof. William K. Black, lawyer and expert in economics, is devastating. Is Europe (and the USA) on the "road to Bangladesh"? A system appears to be upheld that is stripping people from their right to live a decent life. A system full of manipulation, fraud and lies. Greece and Spain are downgraded anew by rating agencies the last few hours. Investors and common people relocate their money to safer countries. What should have been a prosperous, peaceful 'united Europe' is rapidly becoming a 'war-zone', separating countries and their populations to compete at knife-edge for survival. With high unemployment in the group below the age of 30, with wages down to as low as 1 (Germany!) to 5 Euro per hour, Greece, Spain, Italy, Portugal and even Ireland appear to have reached the edge of the acceptable. I am puzzled by what goes on in the minds of those who execute our democratic rights. Why are they playing with fire? What explains their irrational behavior? Do listen to Prof. Black to hear him explain the catastrophic road utopian European political fantasies have taken...
This won't be an article that many like, I know. Yet, we are all, from Shangai, Capetown to Denver, in the same boat: the derailment of the global financial system. Some call it 'The Crisis', others like to point their finger in a reflex to but one address: Wallstreet. The latter being far too simple and something the collapse of the Greek economy splendidly and tragically exposes. The intriguing question is the role of the Greek Central Bank in the development of the collapse and the entanglement of an earlier conservative government in foreign banking affairs, beyond its Central Bank, with speculations that went wrong. Intriguing also is the fact, that the Greek 'shadow economy' (where taxes are evaded that ought to be payed to finance a.o. public services) is at the least 3 times as large in volume than the current State budget deficit on a per year basis (not accumulated)! The deficit runs a whopping 14.3% of GDP, where in Europe about 3% is agreed upon to prevent inflation or distortion of the ratio between the volume of money and value of goods and services circulating in an economy. What would be better than simply writing off old debts, at least 'hair-cutting' them and starting from scratch with a modernized Greek bookkeeping? The history about the in 1716 founded French Banque Générale reminds us of this. In 1720 that bank already went belly-up due to reckless speculation in growing enterprises and markets! That event caused the poor image where investment banks, financing industries, still suffer from today. Could Greece permit itself a bad name, worse than it already has in the financial sector? It is not a 'people's crisis' in Greece, but a 'banking' one. Why to see people pay for debts that for a part appear based on a global conspiracy to commit fraud? Let me try to put this picture in perspective... (Updates: R movie and PS)