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20 reasons Global Debt Time Bomb explodes soon

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  • #16
    Re: 20 reasons Global Debt Time Bomb explodes soon

    Originally posted by flintlock View Post
    -Crazy Reverend Witt from the movie "Zulu".
    [points towards the fleeing cavalry]
    Reverend Otto Witt: The way of the Lord has been shown to us!

    Comment


    • #17
      Re: 20 reasons Global Debt Time Bomb explodes soon

      Originally posted by ThePythonicCow View Post
      Good question. The usual answers, such as the Rockefeller's, the Rothschild's, the Illuminati, Wall Street, Washington, ... do not serve our understanding well.

      Humans have a long standing tendency to personify that which they do not understand well. While it is no doubt true that a few powerful families, wealthy Banksters and Titan's of industry and leading politicians exert inordinate influence, still there is something in the larger fabric of civilization that fosters such concentration of power, wealth and corruption.
      One of my favorite sites of late has a good explanation of how such meme's work. From The Daily Bell: Mystery Brit Funds Pump Global Warming:
      Mystery Brit Funds Pump Global Warming

      Monday, February 08, 2010 - by Staff Report

      In all the coverage lately given to the UN's Intergovernmental Panel on Climate Change and its embattled chairman, Dr. Rajendra Pachauri, one rather important part of the story has largely been missed. This is the way in which, in its obsession with climate change, different branches of the UK Government have in recent years been pouring hundreds of millions of pounds of taxpayers' money into a bewildering array of "climate-related" projects, often throwing a veil of mystery over how much is being paid, to whom and why. To begin with a small example. Everyone has now heard of "Glaciergate", the inclusion in the IPCC's 2007 report of a wild claim it was recently forced to disown, that by 2035 all Himalayan glaciers will have melted. In 2001 the Department for International Development (DfID) spent £315,277 commissioning a team of British scientists to investigate this prediction. After co-opting its Indian originator, Dr. Syed Hasnain, they reported in 2004 that his claim was just a scare story. Some glaciers were retreating, others were not. There was no way they could disappear in a time-span shorter than many centuries. Three years later, however, when the IPCC produced its 2007 report, it endorsed Dr. Hasnain's claim without any mention of the careful UK-funded study which had shown it to be false. What made this particularly shocking was that in 2008 another British ministry, the Department for Environment, Food and Rural Affairs (Defra) announced that it had paid £1,436,000 to fund all the support needed to run the same IPCC working group which, as we now know from a senior IPCC author, had included the bogus claim in its report. - UK Telegraph

      Dominant Social Theme: Must be coincidence.


      Free-Market Analysis: It's hard to wrap one's head around the prevalence of what we call dominant social themes. The idea that a tiny and incredibly wealthy power elite can orchestrate fear-based promotions in order to offer authoritarian solutions that deprive citizens of yet more wealth and power is certainly "conspiratorial" - and such thinking is naïve, jejune, the product of paranoia and failed life-approaches.


      And yet ... what is one to make of the global warming disaster. Indeed a handful of scientists were apparently able to control a good part of the global dialogue about global warming simply by knowing where the choke points were. They marginalized opposing points of view while trumpeting their own - flawed - opinions about the inevitability of "climate change."


      Inevitably the mainstream coverage of this unwinding disaster has emphasized the belief structures of those involved. Having to acknowledge the general outlines of a global scam, the mainstream media has consistently promoted the meme that those involved did what they did out of sheer conviction. They may have done wrong, but they did it for the best of reasons - universal concern for the good of humankind.


      We disagree. Hoaxes of this magnitude are triggered, in the final analysis, by financial gain. Those who get involved are likely mercenaries (see other article, today, on Sarah Palin), often damaged personalities with little or nothing in the way of core beliefs. There are plenty of these people, and we would argue they populate the schemes of the power elite in great measure.


      What are the characteristics that the Rhodes scholarship selection committees were to look for in candidates and nurture in their scholars? According to Rhodes' own criteria ... the traits most desired were (and are) "smugness, brutality, unctuous rectitude, and tact." ... It was expected that by 1920 there would be "between two and three thousand men in the prime of life scattered all over the world, each of whom, moreover, would have been specially - mathematically - selected toward the Founder's purposes." (- bioleft.tripod.com)


      Now comes the UK Telegraph - with very good reporting and much puzzlement (we are not puzzled) to expose the massive amounts of mystery money that the British government has been pouring into global warming through the very handful of "smug and unctuous" men that were manipulating research to support the hoax of global warming. Here's some more from the article:


      The trail into this tangled undergrowth began last December, when Dr. Richard North and I were trying to track down 11 payments made by four separate government departments for projects involving Teri Europe, the London-based branch of Dr. Pachauri's institute. We were struck by how reluctant the ministries often seemed to be to reveal how much they had paid under these contracts. What's more, why was UK taxpayers' money being used to fund these projects in the first place?


      Why in 2005, for instance, did Defra pay Teri for a study designed to help the Indian insurance industry make money out of the risks of global warming? Why was the Foreign and Commonwealth Office (FCO) sponsoring a study into how Indian industry could make billions out of "carbon credits", paid by Western firms under the bizarre UN scheme known as the Clean Development Mechanism?


      Typical of this curiously opaque world was a payment by Defra to fund the work of an unnamed "head of unit" on something called the IPCC Synthesis Report, of which Dr. Pachauri was co-editor. This money was paid to Cambridge University (department unnamed), to be forwarded to Teri Europe, then sent on to the anonymous recipient in Delhi, whose email address was Teri India. On one part of the Defra website this payment was given as £30,417. However, the same Defra report to Parliament which had under-declared the payment to the IPCC's working group now gave this payment as only £5,800. (The IPCC itself meanwhile paid Teri a further £400,000 for its work on the Synthesis Report, although it was only 52 pages.)


      The same Defra report to Parliament includes a whole string of other climate-change-related projects, covering three pages, many just as mysterious.


      Why, for instance, have UK taxpayers shelled out £239,538 to unnamed recipients for a study of "Climate change impacts on Chinese agriculture"? Or £230,895 for a "research programme on climate change impacts in India"? Or £57,500 on the "Brazilian proposal support group"?


      The largest single payment on Defra's list, and almost the only recipient identified, was £13,315,168 given to the Hadley Centre itself for its Climate Predictions Programme. This is just a tiny part of the money UK taxpayers have been contributing for years to assist the work of the IPCC: the Hadley Centre alone has been handed £179 million.


      Naturally, it will be found that all this mystery money - for some reason - supported only research that proved the veracity of global warming. Of course, global warming proponents will argue that this is appropriate since global warming EXISTS. We have no patience with these arguments at this point. Even were global warming somehow seemingly proven, the endless manipulations and the covert funding of pro-global warming entities would render the conclusions extremely questionable.


      No, the entire nexus of manipulation and money is redolent of how we believe dominant social themes work. The power elite promotes these fear-based formulas, takes a stake in the authoritarian solutions that are to protect the middle class from the faux-depredations of the promotions and uses state money to grease the wheels. The level at which the Telegraph is working currently is BELOW the level at which these dominant social themes are plotted and implemented. Let's see if the Telegraph reaches that high. Somehow despite the aspirations of these dogged journalists, we doubt they'll get to the place where they can draw the appropriate conclusions.


      But we can. The unraveling of the global warming hoax shall haunt the power elite for decades. Whatever can be salvaged will be, but we have a great deal of difficulty believing that the ambitious agenda surrounding the meme will ever be fully implemented, certainly not in the foreseeable future. And because so much is already in the public domain, it is very likely that the meme will continue to unravel for the foreseeable future. Where it ends, we don't know.

      Here's what the power elite may have had in mind in terms of leveraging the global warming promotion ...

      Incredible Reason for Carbon Trading

      Conclusion: Investors will have to look very carefully to figure out where they want to place funds given what's going on. You want to bet on GM electric cars - or carbon-free power sources? The ability of the power elite to realize these pipe-dreams has been considerably reduced, along with the returns to be made generally from "green solutions." We're not saying they won't ever be popular. But it's not the way it used to be in the 20th century when betting against a power elite meme was likely financial suicide. These days, thanks to the Internet, things are far more complicated.

      Emphasis mine.

      The one Rhodes scholar I knew well fits the above description. He seemed well mannered and of good class, but beneath that thin layer of culture lay cold hearted, brutal ambition.

      The intentional (by such means as Rhodes scholarships) selection and grooming (look at Tim Geithner's curriculum vitae) of such talent provides a pool of "leadership" for our institutions that serves the enpowered elite far better than it serves the commoners.
      Most folks are good; a few aren't.

      Comment


      • #18
        Re: 20 reasons Global Debt Time Bomb explodes soon

        Originally posted by flintlock View Post
        -Crazy Reverend Witt from the movie "Zulu".
        for the youngsters in the crowd

        notice a very young Michael Caine - movie made him a star



        ;)

        Comment


        • #19
          Re: 20 reasons Global Debt Time Bomb explodes soon

          Originally posted by ThePythonicCow View Post
          One of my favorite sites of late has a good explanation of how such meme's work. From The Daily Bell: Mystery Brit Funds Pump Global Warming:

          Emphasis mine.

          The one Rhodes scholar I knew well fits the above description. He seemed well mannered and of good class, but beneath that thin layer of culture lay cold hearted, brutal ambition.

          The intentional (by such means as Rhodes scholarships) selection and grooming (look at Tim Geithner's curriculum vitae) of such talent provides a pool of "leadership" for our institutions that serves the enpowered elite far better than it serves the commoners.


          The above quote is from Rhodes' Last Will & Testament found here: http://www.rhodestrust.org/documents...ndCodicils.pdf

          These documents seem to be exact opposites of each other. Which one is fake? After reading the alleged entire Will of Cecil Rhodes, and other references on the Rhodes Scholars Trust found here: http://www.rhodestrust.org/Governance.htm, it seems that the alleged will and selection criteria to ring true, so I suspect the above excerpt from Cecil Rhodes will to be true and accurate.

          I can therefore assume that ThePythonicCow's posting denigrating the Rhodes Scholars and Rhodes Trust to be in error. I'm sure that whenever there is a "free pass", there are numerous hacks and scalawags who make every attempt to get ahold of it, and the Trustees, in spite of best efforts will occasionally make an error in their selections of those most deserving, and we can therefore somewhat discount annecdotal evidence of one bad apple now & again, for it is in the ratio of bad apples to the entire crop that we are most interested in, and I would postulate that there are fewer bad apples in the Rhodes crowd than the general population.
          Attached Files
          Last edited by Glenn Black; February 08, 2010, 11:17 PM. Reason: add image, fix sentences, spelling

          Comment


          • #20
            Re: 20 reasons Global Debt Time Bomb explodes soon

            In TPC's link, there are no links to the actual Rhodes scholar criteria -- as pointed out by you, this appears to be in direct contradiction to Rhodes wishes. I believe that TPC's link is an attempt to tar Rhodes scholars as a group.

            A similar attempt has been made by some Indian zealots about Lord MacAulay -- by cooking up a speech he gave to the British Parliament -- there being no record of any such speech by him. An actual speech given by him to the Parliament differs quite dramatically in what is said.

            Comment


            • #21
              Re: 20 reasons Global Debt Time Bomb explodes soon

              Originally posted by Glenn Black View Post
              These documents seem to be exact opposites of each other. Which one is fake? After reading the alleged entire Will of Cecil Rhodes, and other references on the Rhodes Scholars Trust found here: http://www.rhodestrust.org/Governance.htm, it seems that the alleged will and selection criteria to ring true, so I suspect the above excerpt from Cecil Rhodes will to be true and accurate.

              I can therefore assume that ThePythonicCow's posting denigrating the Rhodes Scholars and Rhodes Trust to be in error.
              A google search for the phrase I quoted above "smugness, brutality, unctuous rectitude, and tact" will find (when "Cecil Rhodes" is added to further restrict the search) some 660 hits, including the following on page 480 a work by William Thomas Stead entitled "The Review of reviews, Volume 25" published in 1902, in the article beginning on page 471 therein entitled "Mr. Rhodes Will And Its Genesis":


              and this bit from Old News: Define Rhodes Scholar:

              CECIL RHODES
              In a letter to close friend and publisher W. T. Stead (fall of 1890) Rhodes described his plan: "The key of my idea discussed with you is a Society, copied from the Jesuits as to organization ... an idea which ultimately (leads) to the cessation of all wars and one language throughout the world.... The only thing feasible to carry this idea out is a secret one [society] gradually absorbing the wealth of the world to be devoted to such an object.... Fancy the charm to young America ... to share in a scheme to take the government of the whole world!" Rhodes also told Stead that scholars should possess the following traits: "smugness, brutality, unctuous rectitude, and tact." Only 32 American students are selected each year for Rhodes Scholarships.
              So you see it is not a matter of either statement being in error, but rather there is evidence for both.

              I can therefore assume Glenn Black's posting to be in error of insufficient research .
              Attached Files
              Most folks are good; a few aren't.

              Comment


              • #22
                Re: 20 reasons Global Debt Time Bomb explodes soon

                Originally posted by Rajiv View Post
                I believe that TPC's link is an attempt to tar Rhodes scholars as a group.
                I just backed up the quote in question with a couple of references (which were easily found using Google.) My comments on the one specific Rhodes scholar I knew from the past are based on my having gone to school (not Oxford) and subsequently working with a specific person.
                Most folks are good; a few aren't.

                Comment


                • #23
                  Re: 20 reasons Global Debt Time Bomb explodes soon

                  Bill Clinton was a Rhodes Scholar.

                  Be kinder than necessary because everyone you meet is fighting some kind of battle.

                  Comment


                  • #24
                    Re: 20 reasons Global Debt Time Bomb explodes soon

                    So was Robert Reich! and they both dated Hillary Rodham!

                    Comment


                    • #25
                      Re: 20 reasons Global Debt Time Bomb explodes soon

                      Originally posted by shiny! View Post
                      Bill Clinton was a Rhodes Scholar.
                      Yes. That particular example does not improve my impressions, but that's to be expected, given my right wing biases.

                      From http://www.flipkart.com/rhodes-schol...836-lsx3fu57cb:
                      Among them were the politicians J. William Fulbright, Bill Bradley, and Bill Clinton; the public policy analysts Robert Reich and George Stephanopoulos; the writer Robert Penn Warren; the entertainer Kris Kristofferson; and the Supreme Court Justices Byron White and David Souter.
                      Most folks are good; a few aren't.

                      Comment


                      • #26
                        Re: 20 reasons Global Debt Time Bomb explodes soon

                        In the Rhodes Scholar controversy (for which I am initially guilty in my choice of what to highlight), the central point of my long post above has been passed over. This, from that post, is worth further thought in my view:
                        No, the entire nexus of manipulation and money is redolent of how we believe dominant social themes work. The power elite promotes these fear-based formulas, takes a stake in the authoritarian solutions that are to protect the middle class from the faux-depredations of the promotions and uses state money to grease the wheels.
                        Most folks are good; a few aren't.

                        Comment


                        • #27
                          Re: 20 reasons Global Debt Time Bomb explodes soon

                          I believe that Stead wrote that book as a response to his having been struck off the will of Cecil Rhodes because of his support for the Boer cause in South Africa.

                          From the wiki entry on Stead

                          With all his unpopularity, and all the suspicion and opposition engendered by his methods, his personality remained a forceful one both in public and private life. He was an early imperialist dreamer, whose influence on Cecil Rhodes in South Africa remained of primary importance; and many politicians and statesmen, who on most subjects were completely at variance with his ideas, nevertheless owed something to them. Rhodes made him his confidant, and was inspired in his will by his suggestions; and Stead was intended to be one of Rhodes's executors. At the time of the Second Boer War he threw himself into the Boer cause and attacked the government with characteristic violence. His name was struck out (see his Last Will and Testament of C. J. Rhodes, 1902).
                          From my above links on MacAulay, we do know that people sometimes misrepresent others in an effort to win some arguments. His characterization of Rhodes may well have been colored by Stead's view of the Boer cause as compared to Rhodes view of it!

                          Comment


                          • #28
                            Re: 20 reasons Global Debt Time Bomb explodes soon

                            Originally posted by Rajiv View Post
                            From my above links on MacAulay, we do know that people sometimes misrepresent others in an effort to win some arguments. His characterization of Rhodes may well have been colored by Stead's view of the Boer cause as compared to Rhodes view of it!
                            This is possible, yes. I cannot prove that Mr. Stead, writing over a century ago, spoke the truth in this matter. On the other hand, I've seen no evidence other than the motive you describe, Rajiv, that Mr. Stead lied.
                            Most folks are good; a few aren't.

                            Comment


                            • #29
                              Re: 20 reasons Global Debt Time Bomb explodes soon

                              To understand Stead's possible attitude to Rhodes, one has to understand the "Boer War" -- Think of Mark Twain's pacifist views with respect to the war in the Phillipines.

                              From Capitalism: Cause of the Boer War

                              The Boer War was the armed conflict between Britain and the two Boer republics of Transvaal and Orange Free State in South Africa. It began on October 11, 1899 and lasted almost three years ending May 31, 1902. During that three-year period, the British were humiliated by an undermanned force in the Boers, which led to the implementation of barbarous and savage techniques for which the British were heavily scrutinized. Capitalism caused this British version of Vietnam, and by doing so demonstrated the foundation of British imperialism.Several factors contributed to the outbreak of the war, including race, nationalism and international power politics, but the main reason was the capitalistic nature of the British. The British forced the war in 1899 to gain control of the Transvaal, the independent republic where Boers had political control and where gold mining was a major new industry. During the late 1800's, gold had become the keystone of the world's expanding commerce. By 1890 London was the financial center of the world's trade, and a steady supply of the world's stock of gold was critical for maintaining this position.
                              Rhodes' support for the British Imperialist cause likely disillusioned Stead about Rhodes, and probably cause him to look at Rhodes in a new light. His statements about Rhodes were likely interpretations that Stead made of prior communications with Rhodes. Not an unlikely scenario I think.

                              BTW, I do agree with your evaluation of the the attitudes of the Rhodes scholars. But I do think that comes not from the admittance criteria, but rather from an elitism that springs from success in a competitive situation, and a subsequent overestimation of ones own worth in comparison to others.

                              Comment


                              • #30
                                Re: 20 reasons Global Debt Time Bomb explodes soon

                                This is a good website for those interested in that sort of thing.

                                http://www.rorkesdriftvc.com/battle/...ce_account.htm

                                Picture of the real Rev Witt. That movie was full of historical inaccuracies, but most of the named characters actually existed in real life.

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