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The reality of Utopia

Have you ever wondered what Utopia is like? 

Well there is no need to, because you are actually living in it right now!

However, if we continue as a species to live in the same way, we simply have no future! Collectively we have reached the threshold of a new era, whereby the Human Race must "Wake Up" and evolve through fully integrated thinking.

In many respects our humble Blog Hypo Global was designed to meet this calling and generate awareness.

Zeitgeist: The Addendum, part 1 - "None are more hopelessly enslaved than those who falsely believe they are free"

Zeitgeist: Addendum, Transcript of part 1

"None are more hopelessly enslaved than those who falsely believe they are free."-Johann Wolfgang von Goethe-1749-1832]

A number of years ago, the central bank of the United States, the Federal Reserve, produced a document entitled "Modern Money Mechanics". This publication detailed the institutionalized practice of money creation, as utilized by the Federal Reserve and the web of global commercial banks it supports. On the opening page, the document states its objective: "The Purpose of this booklet is to describe the basic process of money creation in a fractional reserve banking system". It then proceeds to describe this 'fractional reserve process' through various banking terminology. A translation of which goes something like this:

The United States Government decides it needs some money, so it calls up the Federal Reserve, and requests, say, 10 billion dollars". The fed replies, saying " sure… we'll buy 10 billion in government bonds from you."
So, the government then takes some piece of paper, paints some official looking designs on them, and calls them 'Treasury Bonds'. Then, it puts a value on these Bonds to the sum of 10 billion dollars, and sends them over to the Fed. In turn, the people at the Fed draw up a bunch of impressive pieces of paper themselves, only this time calling them 'Federal Reserve Notes'…also designating a value of 10 billion dollars to the set.
The Fed then takes these notes and trades them for the Bonds. Once this exchange is complete, the government then takes the 10 billion in Federal Reserve Notes and deposits it into a bank account…and upon this deposit, the paper notes officially become 'legal tender' money, adding 10 billion to the US money supply. And there it is… 10 billion in new money has been created. Of course, this example is a generalization, for, in reality, this transaction would occur electronically, with no paper used at all. In fact only 3% of the US money supply exists in physical currency. The other 97% essentially exists in computers alone.

Now, Government bonds are, by design, instruments of Debt and when the Fed purchases these bonds, with money it created essentially out of thin air, the government is actually promising to pay back that money to the Fed.

In other words… The money was created out of debt. This mind numbing paradox of how money, or value, can be created out of debt, or a liability, will become more clear as we further this exercise.

So, the exchange has been made and now 10 billion dollars sits in a commercial bank account. Here is where it gets really interesting, for as based on the Fractional Reserve practice, that 10 billion dollar deposit instantly becomes part of the bank's Reserves, just as all deposits do. And regarding reserve requirements, as stated in Modern money mechanics:
A bank must maintain legally required reserves, equal to a prescribed percentage of its deposits. It then quantifies this by stating: under current regulations, the reserve requirement against most transaction accounts is 10%."

This means that with a ten billion dollar deposit, 10% or 1 billion is held as the required reserve, while the other 9 billion is considered an excessive reserve and can be used as the basis for new loans.
Now, it is logical to assume that this 9 billion is literally coming out of the existing 10 billion dollars deposit. However, this is actually not the case. What really happens is that the 9 billion is simply created out of thin air, on top of the existing 10 billion dollar deposit. This is how the money supply is expanded. As stated in Modern Money Mechanics: " of course, they (the banks) do not really pay out loans from the money they receive as deposits. If they did this, no additional money would be created. What they do when they make loans is to accept promissory notes (loan contracts) in exchange for credits (money) to the borrower's transaction accounts."
In other words, the 9 billion can be created out of nothing, simply because there is a demand for such a loan, and there is a 10 billion dollars deposit to satisfy the reserve requirements.
Now, let's assume that somebody walks into this bank and borrows the available 9 billion dollars. They will then most likely take that money and deposit it into their own bank account.
The process then repeats, for that deposit becomes part of the banks reserves, 10% is isolated and in turn 90% of the 9 billion or 8.1 billion is now available as newly created money for more loans. And, of course, that 8.1 can be loaned out and redeposited creating an additional 7.2 billion…to 6.5 billion.. to 5.9 billion etc.
This deposit-money creation-loan cycle can technically go on to infinity… the average mathematical result is that about 90 billion dollars can be created on top of the original 10 billion. In other words, for every deposit that ever occurs in the banking system, about 9 times that amount can be created out of thin air.

[Bank of America commercial]

So that we understand how money is created by this fractional reserve banking system,
a logical, yet elusive question might come to mind:
What is actually giving this newly created money value?
The answer: The money that already exists.

The new money essentially steals value from the existing money supply… for the total pool of money is being increased, irrespective to demand for goods and services, and, as supply and demand finds equilibrium- prices rise, diminishing the purchasing power of each individual dollar. This is generally referred to as 'inflation' and inflation is essentially a hidden tax on the public.

(Ron Paul) : "…what is the advice that you generally get, and that is inflate the currency. They don`t say debase the currency, they don`t say devalue the currency, they don`t say cheat the people with savings, they say lower the interest rates. The real deception is when we distort the value of money, when we create money out of thin air, we have no savings yet there`s so called capitol…so my question boils down to this-how in the world can we expect to solve the problems of inflation--that is the increase in the supply of money-- with more inflation? "

Of course, it can't. The Fractional Reserve System of monetary expansion is inherently
inflationary. For the act of expanding the money supply without there being a proportional expand of good and services in the economy, will always debase a currency..

In fact a quick glance at the historical values of the US dollars Vs the money supply,
Reflects this point definitively, for the inverse relationship is obvious.
In fact, One dollar in 1913 required 21.60 cents in 2007, to match value…that is a 96% devaluation since the Federal reserve has come into existence.

Now, if this realty of inherent and perpetual inflation seems absurd and economically
self-defeating… hold that thought, for absurdity is an understatement in regard to how our financial system really operates.

For in our financial system money is debt and debt is money. Here is a chart of the US money supply from 1950 to 2006. Here is a chart of the US national debt for the same period. How interesting it is that the trends are nearly identical… for the more money there is, the more debt there is… the more debt there is, the more money there is.

To put it a different way, every single dollar in your wallet is owed to somebody by somebody; for remember, the only way the money can come into existence is from loans. Therefore, if everyone in the country were able to pay off all debts, including the government, there would not be one dollar in circulation.

(If there were no debts in our money system, there wouldn`t be any money"
-Marriner Eccles-Governor of the Federal Reserve
September 30th, 1941 -House Committee Hearing on Banking and Currency )

In fact, the last time in American history the national debt was completely paid off was in 1835, after President Andrew Jackson shutdown the Central Bank that preceded the Federal Reserve. In fact Jackson's entire political platform essentially revolved around his commitment to shut down the Central Bank, stating at one point: " the bold efforts the present bank has made to control the government are but premonitions of the fate that awaits the American people should they be deluded into a perpetuation of this institution or the establishment of another like it." Unfortunately his message was short lived, and the international bankers succeeded to install another central bank in 1913…The Federal Reserve. And as long as this institution exists, perpetual debt is guaranteed.

Now, so far we have discussed the reality that money is created out of debt, through loans.
These loans are based on a bank's "Reserves" and Reserves are derived from deposits. Through this fractional reserve system, any one deposit can create 9 times its original value, in turn debasing the existing money supply, raising prices in society.
And since all this money is created out of debt and circulated randomly through commerce, people become detached from their original debt and a disequilibrium exists where people are forced to compete for labor, in order to pull enough money out of the money supply to cover their costs of living.

As dysfunctional and backwards as all of this might seem… there is still one thing we have omitted from this equation… and it is this element of the structure which reveals the truly fraudulent nature of the system itself.
-The application of Interest.
When the government borrows money from the Fed or when person borrows money from a bank, it almost always has to be paid back with accrued interest. In other words, almost every single dollar that exists must be eventually returned to a bank, with interest paid as well. But, if all money is borrowed from the central bank and is expanded by the commercial banks through loans, only what would be referred to as the 'principle' is being created in the money supply…. So then, where is the money to cover all of the interest that is charged?
Nowhere. It doesn't exist. The ramifications of this are staggering, for the amount of money owed back to the banks will always exceed the amount of money that is available in circulation. This is why Inflation is a constant in the economy, for new money is always needed to help cover the perpetual deficit built into the system, caused by the
the need to pay the interest.

What this also means is that mathematically, defaults and bankruptcy are literally built into the system. And there will always be poor pockets of society that get the short end of the stick. An analogy would be a game of musical chairs, for once the music stops someone is left out to dry.
And that's the point. It invariably transfers true wealth from the individual to the banks, for if you are unable to pay for your mortgage, they will take your property. This is particularly enraging when you realize that not only is such a default inevitable due to the fractional reserve practice, but also because of the fact that the money that the bank loaned to you didn't even legally exist in the first place.


In the 1969, there was a Minnesota court case involving a man named Jerome Daly, who was challenging the foreclosure of his home by the bank, which provided the loan to purchase it. His argument was that the mortgage contract required both parties, being he and the bank, each put up a legitimate form of property for the exchange. In legal language, this is called "consideration".

(Consideration: -a contract`s basis. A contract is founded on an exchange of one form of consideration for another.)

Mr. Daly explained that the money was, in fact, not the property of the bank, for it was created out of nothing as soon as the loan agreement was signed.
Remember what modern money mechanics stated about loans: "what they do when they make loans is to accept promissory notes in exchange for credits…Reserves are unchanged by the loan transactions. But deposit credits constitute new additions to the total deposits of the banking system." In other words, the money doesn't come out of any of their existing assets. The bank is simply inventing it, putting up nothing of its own except for a theoretical liability on paper.

As the court case progressed, the banks president, Mr. Morgan, took the stand, and in the judge's personal memorandum, he recalled that "The Plaintiff (bank's president) admitted that it, in combination with the Federal Reserve Bank…did create the…money and credit upon its books by bookkeeping entry…the money and credit first came into existence when they created it…Mr. Morgan admitted that no United States law or statute existed which gave him the right to do this…a lawful consideration must exist and be tendered to support the note." "The jury found that there was no lawful consideration and I agree" He also poetically added, " Only God can create something of value out of nothing"

And upon that revelation, the court rejected the bank's claim for foreclosure and Daly kept his home. The implications of this court decision are immense, for every time you borrow money from a bank, whether it is a mortgage loan or a credit card charge, the money given to you is not only counterfeit, it is an illegitimate form of consideration and hence voids the contract to repay… for the bank never had the money as property to begin with. Unfortunately, such legal realizations are suppressed and ignored, and the game of perpetual wealth transfer and perpetual debt continues….
And this brings us to the ultimate question: why?

During the American civil war president Lincoln bypassed the high-interest loans offered by the European banks and decided to do what the founding fathers advocated, which was to create an independent and inherently debt-free currency. It was called the Greenback. Shortly after this measure was taken, an internal document circulated between private British and American banking interests stated:
"…slavery is but the owning of labor and carries with it the care of laborers, while the European plan…is that capital shall control labor by controlling wages. This can be done by controlling the money. It will not do to allow the greenback, as we cannot control that."-The Hazard Circular, July, 1862
The fractional reserve policy perpetrated by the Federal Reserve, which has spread in practice to the great majority of banks in the world is, in fact, a system of modern slavery. Think about it… Money is created out of debt. And what do people do when in debt? They submit to employment to pay it off. But, if money can only be created out of loans, how can society ever be debt free? It can't. And that's the point.

And it is the fear of losing assets, coupled with the struggle to keep up with the perpetual debt and inflation inherent in the system, compounded by the inescapable scarcity within the money supply itself created by the interest that can never be repaid… that keeps the wage slave in line… running on the hamster wheel with the millions of others… in effect powering an Empire that truly benefits only the elite at the top of the pyramid… for at the end of day, who are you really working for? The banks. Money is created in a bank and invariably ends up in a bank. They are the true masters along with corporations and governments they support.

Physical slavery requires people to be housed and fed. Economic slavery requires the people to feed and house themselves

It is one of the most ingenious scams for social manipulation ever created, and at its core, it is an invisible war against the population. Debt is the weapon used to conquer and enslave societies and Interest is its prime ammunition.

And as the majority walks around oblivious to this reality, the banks, in collusion with governments and corporations, continue to perfect and expand their tactics of economic warfare…spawning new bases… such as the World Bank and International Monetary Fund… while also inventing a new type of soldier… the birth of the economic hit man.

Read on - part 2

Zeitgeist The Addendum part 2 - "There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt."

"There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt." John Adams, 1735-1826

'John Perkins':
We economic hit men really have been the ones responsible for creating this first truly global empire, and we work many different ways…but perhaps the most common is that we will identify a country that has resources that our corporations covet, like oil, and then arrange a huge loan to that country from the World Bank or one of its sister organizations. But the money never actually goes to the country…instead it goes to our big corporations to build infrastructure projects in that country-power plants, industrial parks, ports-things that benefit a few rich people in that country, in addition to our corporations-but really don`t help the majority of the people at all…however those people, the whole country, is left holding a huge debt. Its such a big debt that they can`t repay it, and that`s part of the plan, that they can`t repay it. And so at some point we economic hit men go back to them and say listen, you owe us a lot of money, can`t pay your debts, so, sell your oil real cheap to our oil companies…allow us to build a military base in your country…or, send troops in support of ours to someplace in the world, like Iraq…or vote with us on the next U.N. vote…to have their electric utility company privatized, and their water and sewage system privatized, and sold to US corporations or other multinational corporations. So there was a whole mushrooming thing, and it`s so typical of the way that the IMF and the World Bank work: they put a country in debt, in such a big debt it can`t pay it, and then you offer to refinance that debt, and pay even more interest, and you demand this quid pro quo which you call a "conditionality" or "good governance" which means basically that they`ve got to sell off their resources, including many of their social services; their utility companies; their school systems sometimes; their penal systems; their insurance systems, to foreign corporations. So its a double, triple, quadruple whammy.

(Iran, 1953)
The precedent for economic hit men really began in the early fifties, when democratically elected Mossadegh, who was elected in Iran…he was considered to be the hope for democracy in the Middle East and around the world…he was Time Magazine`s "Man of the Year"…but, one of the things that he`d run on and began to implement was the idea that foreign oil companies needed to pay the Iranian people a lot more for the oil that they were taking out of Iran, that the Iranian people should benefit from their own oil. Strange policy. We didn't like that of course. But we were afraid to do what we normally were doing, which was to send in the military. Instead we sent in one CIA agent, Kermit Roosevelt, Teddy Roosevelt's relative…and Kermit went in with a few million dollars and was very, very effective and efficient, and in a short amount of time he managed to get Mossadegh overthrown…and brought in the Shah of Iran to replace him, who always was favorable to oil…and it was extremely effective.

(Revolt in Iran)
VOICE:
Mobs overflow Tehran. Army officers shout that Mossadegh has surrendered, and his regime as virtual dictator of Iran is ended. Pictures of the Shah paraded through the streets as sentiment reverses. The Shah is welcomed home.

JOHN:
So back here in the United States in Washington people looked around and said, wow, that was easy. And cheap. So this established a whole new way of manipulating countries, of creating empire. The only problem with Roosevelt was that he was a card carrying CIA agent, and had he been caught, the ramifications could have been pretty serious. So very quickly at that point the decision was made to use private consultants, to channel the money through the World Bank or the IMF or one of the other such agencies, to bring in people like me who work for private companies…so that if we got caught there would be no governmental ramifications.
(Guatemala 1954)

When Arbenz became president of Guatemala, the country was very much under the thumbs of United Fruit Company, the big international corporation, and Arbenz ran on this ticket that says you know, we want to get the land back to the people, and once he took power he was implementing policies that would do exactly that, give land rights back to the people. United Fruit didn`t like that very much, and so they hired a public relations firm, launched a huge campaign in the United States to convince the United States people, the citizens of the United States, and the press of the United States, and the congress of the United States that Arbenz was a Soviet puppet, and that if we allowed him to stay in power the Soviets would have a foothold in this hemisphere, and that at that point in time was a huge fear on everybody's mind, the red terror, the communist terror…and so to make a long story short, out of this public relations campaign came a commitment on the part of the CIA and the military to take this man out…and in fact we did. we sent in planes, we sent in soldiers, we sent in jackals, we sent everything in to take him out, and did take him out. And as soon as he was removed from office, the new guy that took over after him basically reinstated everything to the big international corporations, including United Fruit.

(Ecuador 1981)
Ecuador for many, many years had been ruled by pro-US dictators, often relatively brutal. Then it was decided that they were going to have a truly democratic election. Jaime Roldos ran for office, and his main goal he said as president would be to make sure that Ecuador's resources were used to help the people. And he won, overwhelmingly, by more votes than anyone had ever won anything in Ecuador, and he began to implement these policies…to make sure that the profits from oil went to help the people…well, we didn`t like that in the United States. I was sat down as one of several economic hit men, to change Roldos, to corrupt him, to bring him around. To let him know, you know, ok, you know, you can get very rich you and your family if you play our game, but if you continue to try to keep these policies you`ve promised, you`re gonna go… he wouldn`t listen.
(Ecuadorian leader dies in plane crash)

He was assassinated. As soon as the plane crashed, the whole area was cordoned off. The only people that were allowed in were US military from a nearby base, and some of the Ecuadorian military. When investigation was launched, two of the key witnesses died in car accidents before they had a chance to testify. A lot of very, very strange things that went on around the assassination of Jaime Roldos. I, like most people who`ve really looked at this case, have absolutely no doubt that it was an assassination, and of course in my position as an economic hit man I was always expecting something to happen to Jaime, weather it be a coup or an assassination I wasn`t sure, but that he would be taken down because he was not being corrupted, he would not allow himself to be corrupted the way we wanted to corrupt him.

(Panama 1981)
Omar Torrijos, president of Panama, was one of my favorite people, I really, really liked him, he was very charismatic, he was a guy who really wanted to help his country. When I tried to bribe him or corrupt him he said, look John… he called me Juanito…he said, look Juanito, I don`t need the money. What I really need is for my country to be treated fairly. I need for the United States to repay the debts that you owe my people for all the destruction you`ve done here. I need to be in a position where I can help other Latin American countries win their independence, and be free of this terrible presence from the north that you people are exploiting us so badly. I need to have the Panama canal back in the hands of the Panamanian people. That`s what I want. And so leave me alone, don`t try to bribe me. It was 1981, and in may Jaime Roldos was assassinated, and Omar was very aware of this. Torrijos got his family together and he said, I`m probably next. But it`s ok, because I`ve done what I came here to do. I`ve renegotiated the canal, the canal will now be in our hands…he`d just finished negotiating the treaty with Jimmy Carter. In June of that same year, just a couple of months later, he also went down in an airplane crash…which there`s no question was executed by CIA sponsored Jackals. Tremendous amount of evidence that one of Torrijos' security guards handed him at the last moment as he was getting on the plane a tape recorder, a small tape recorder, that contained a bomb.

(Venezuela 2002)
It is interesting to me how this system has continued pretty much the same way for years and years and years, except the economic hit men are getting better and better and better. Then we come up with, very recently, what happened in Venezuela. In 1998 Hugo Chavez gets elected president, following a long line of presidents who`d been very corrupt, and basically destroyed the economy of the country…and Chavez was elected amidst all that. Chavez stood up to the United States, and he has done it primarily demanding that Venezuelan oil be used to help the Venezuelan people. Well, we didn`t like that in the United States. So, in 2002 the coup was staged, which, there`s no question in my mind and most other peoples minds that the CIA was behind that coup. The way that that coup was fomented was very reflective of what Kermit Roosevelt had done in Iran, of paying people to go out into the streets to riot, to protest, to say this Chavez is very unpopular. You know, if you can get a few thousand people to do that, television can make it look like its the whole country, and things start to mushroom. Except in the case of Chavez, he was smart enough and the people were so strongly behind him that they overcame it. Which was a phenomenal moment in the history of Latin America.

(Iraq 2003)
Iraq actually is a perfect example of the way the whole system works…so, we economic hit men are the first line of defense, we go in, we try to corrupt governments and get them to accept these huge loans which we then use as leverage to basically own them. If we fail, as I failed in Panama with Omar Torrijos, or in Ecuador with Jaime Roldos, men who refused to be corrupted, then the second line of defense is we send in the jackals. And the jackals either overthrow governments or they assassinate, and once that happens then a new government comes in and boy, it`s going to tow the line, because the new president knows what will happen if he doesn't. In the case of Iraq, both of those things failed-economic hit men were not able to get through to Saddam Hussain, we tried very hard, we tried to get him to accept a deal very similar to what the house of Saud had accepted in Saudi Arabia, but he wouldn`t accept it, and so the jackals went in to take him out…they couldn`t do it, his security was very good…after all, he at one time worked for the CIA. he`d been hired to assassinate a former president if Iraq, and failed…but he knew the system. So in '91 we send in the troops, and we take out the Iraqi military. So we assume at that point that Saddam Hussain is going to come around. We could have taken him out, of course, at that point in time, but we didn`t want to, he`s the kind of strong man we like. He controls his people, we thought he could control the Kurds and keep the Iranians within their border, and keep pumping oil for us, and that once we took out his military, now he`s going to come around. So the economic hit men go back in in the '90s, without success. If they`d had success, he`d still be running the country. We`d be selling him all the fighter jets he wants, and everything else he wants… but they couldn`t, they didn`t have success. The Jackals couldn`t take him out again. So we sent the military in once again, and this time we did the complete job and took him out, and in the process created for ourselves some very, very lucrative construction deals…we had to reconstruct a country that we`d essentially destroyed, which is a pretty good deal if you own construction companies, big ones. So, Iraq shows the three stages; the economic hit men, failed there; the jackals, failed there; and as a final measure the military goes in. And in that way we`ve really created an empire, but we`ve done it very, very subtly…it`s clandestine. All of the empires of the past were built on the military. And everybody knew that they were building them. So that the British knew they were building them….the French, the Germans, the Romans, the Greeks…and they were proud of it, and they always had some excuse like spreading civilization, spreading some religion, something like that, but they knew they were doing it…we don`t. The majority of the people in the United States have no idea that we are living off the benefits of a clandestine empire, that today there`s more slavery in the world than ever before. And then you have to ask yourself, well if it`s an empire, then who`s the emperor? Obviously, our presidents of the United States are not emperors, an emperor is someone who`s not elected, doesn`t serve a limited term, and doesn`t report to anyone, essentially. So you can`t classify a president that way. But we do have what I consider to be the equivalent of the emperor, and it`s what I call the Corporatocracy. Corporatocracy is this group of individuals who run our biggest corporations and they really act as the emperor in this empire. They control our media, either through direct ownership or advertising, they control most of our politicians because they finance their campaigns, either through the corporations or through personal contributions that came out of the corporations. They`re not elected, they don`t serve a limited term, they don`t report to anybody, and at the very top of the corporatocracy you really can`t tell where the person`s working for a private corporation or the government because they`re always moving back and forth…so, you know, you`ve got a guy who one moment is the president of a big construction company, like Haliburton, and the next moment he`s vice president of the United States, or the president, who was in the oil business, and this is true weather you`ve got democrats or republicans in the office, you have them moving back and forth through the revolving door…and in a way, our government isn`t visible a lot of the time and its policies are carried out by our corporations on one level or another, and then again, the policies of the government are basically forged by the corporatacracy, and then presented to the government and they become government policy. So it`s an incredible cozy relationship. This isn`t a conspiracy theory type of thing, these people don`t have to get together and plot to do things, they all basically work under one primary assumption, and that is that they must maximize profits, regardless of the social and environmental cost

(Maximize profits, regardless of the social and environmental cost)
This process of manipulation by the corporatacracy through the use of debt, bribery and, political overthrow is called "Globalization". Just as the federal reserve keeps the American public in a position of indentured servitude through Perpetual Debt, Inflation and Interest, the World Bank and IMF serve this role on a global scale.
The basic scam is simple. Put a country in debt either by its own indiscretion or through corrupting the leader of that country, then , impose conditionalities, or Structural Adjustment Policies…often consisting of the following:

1- Currency Devaluation. When the value of a currency drops, so does everything valued in it. This makes indigenous resources available to predator countries, at a fraction of their worth.
2- Large funding cuts for Social Programs, These usually include education and health care. …compromising the well-being and integrity of the society, leaving the public vulnerable to exploitation.
3 -Privatization of state-owned enterprises… This means that socially important systems, can be purchased and regulated by foreign corporations, for profit. For example, in 1999, the world bank insisted that the Bolivian Government sell the public water system of it third largest city to a subsidy of the US corporation, Bechtel. As soon as this occurred, water bills for the already impoverish local residents skyrocketed. It wasn't until after a full blown revolt by the people that the Bechtel contract was nullified.
4 Then there is trade liberalization.. or the opening up of the economy through removing any restrictions on foreign trade. This allows for a number of
abusive economic manifestations… such as transnational corporations bringing in their own mass produced products, undercutting the indigenous production and ruining local economies…an example is Jamaica, which, after accepting loans and conditionalities from the world bank, lost its largest cash crop markets due to competition with western imports. Today, countless farmers are out of work, for they are unable to compete with the large corporations.

Another variation is the creation of numerous, seemingly unnoticed, unregulated, inhumane sweatshop factories, which take advantage of the imposed economic hardship. Additionally, due to production deregulation, environmental destruction is perpetual, as a country's resources are often exploited by the indifferent corporations, while outputting large amounts of deliberate pollution.

PERKINS:
The largest environmental lawsuit in the history of the world today is being brought on behalf of 30,000 Ecuadorian Amazonian people, against Texaco, which is now owned by Chevron, so its against Chevron but for activities conducted by Texaco….they estimate it to be more than eighteen times what the Exxon Valdese dumped into the coast of Alaska…in the case of Ecuador it wasn`t an accident…the oil companies did it intentionally, they knew they were doing it to save money out there rather than arranging for a proper disposal.

Furthermore, A cursory glance at the performance record of the World Bank reveals that the institution, which publicly claims to help poor countries develop and alleviate poverty, has done nothing but increase poverty and the wealth gap, while corporate profits soar. In 1960 the income gap between the 5th of the world's people in the richest countries, versus the 5th in the poorest countries was 30:1. By 1998, it was 74:1.While global GNP rose 40% between 1970 and 1985, those in poverty actually increased by 17% While from 1985 to 2000, those living on less than 1 dollar a day increased by 18%.
Even the Joint Economic Committee of the US Congress admitted that there is a mere 40% success rate of all World Bank projects.

In the late 1960s, The world Bank intervened in Ecuador with large loans. During the next 30 yrs, poverty grew from 50% to 70%…under or unemployment grew from 15% to 70%… public debt increased from 240 million to 16 billion….while the share of resources allocated to the poor went from 20% to 6%.
In fact, By the year 2000, 50% of Ecuador's national budget had to be allocated for paying its debts.

It is important to understand, The World Bank is, in fact, a US bank, supporting US interests. For the United States holds veto power over decisions, as it is largest provider of capital… and where did it get this money? You guessed it….it made it out of thin air through the fractional reserve banking system.

Of the world's top 100 economies, as based on the annual GDP, 51 are corporations,
And 47 of that 51 are US based. Wal-mart, General Motors and Exxon are more economically powerful than Saudi Arabia, Poland, Norway, South Africa, Finland, Indonesia and many others….

… and as protective trade barriers are broken down, currencies tossed together and manipulated in floating markets and state economies overturned in favor of open competition and global capitalism, the empire expands.

NETWORK CLIP :
You get up on your little twenty-one inch screen, and howl about America and democracy…there is no America, there is no democracy…there is only IBM and ITT…and AT&T…and Dupont, Dow, Union Carbine…and Exxon. Those are the nations of the world today. What do you thing the Russians talk about in their consuls of state? Karl Marx? They get out their linear programming charts, statistical decision theories, minimax solutions, and compute the price cost probabilities of their transactions and investments, just like we do. We no longer live in a world of nations and ideologies, Mr. Beale. The world is a college of corporations, inexorably determined by the immutable bylaws of business. The world is a business, Mr. Beale .

(Taken cumulatively, the integration of the world as a whole, particularly in terms of economic globalization and the mythic qualities of "free market" capitalism, represents a veritable "empire" in its own right…few have been able to escape the "structural adjustments" and "conditionalities" of the World Bank, the International Monetary Fund, or the arbitrations of the World Trade Organization, those international financial institutions that, however inadequate, still determine what economic globalization means….such is the power of globalization that within our lifetime we are likely to see the integration, even if unevenly, of all national economies in the world into a single global, free market system.
--Jim Garrison, President, State of the World Forum )

the world is being taken over by a handful of business powers, who dominate the natural resources we need to live, while controlling the money that we need to obtain these resources. The end result will be world monopoly, based not human life, but financial and corporate power.

and as the inequality continues, naturally more and more people are becoming desperate…. so the establishment was forced to come up with a new way to deal with anyone who challenges the system…so they gave birth to the terrorist.. The term terrorist is an empty distinction, designed for any person or group who chooses to challenge the Establishment.
This isn't to be confused with the fictional Al Qaeda, which was actually the name of a computer database for the US supported mujahideen in the 1980s .

("The truth is, there is no Islamic army or terrorist group called Al Qaida. And any informed intelligence officer knows this. But there is a propaganda campaign to make the public believe in the presence of an identified entity…the country behind this propaganda is the US" -Pierre-Henry Bunel, former French military intelligence )

In 2007, the department of defense received 161.8 billion dollars for the so called "global war on terrorism". According to the National Counter terrorism Center, in 2004 roughly 2000 people were killed internationally due to supposed terrorist acts. Of that number, about 70 were American. Using this number as a general average, which is extremely generous, …it is interesting to note than twice as many people die from peanut allergies a year, than from terrorist acts. Concurrently, the leading cause of death in America is coronary heart disease, killing roughly 450,000 each yr. And, in 2007, the government`s allocation of funds for research on this issue was about 3 billion dollars.

This means that the US government in 2007 spent 54 times the amount for preventing terrorism , than it spent for preventing a disease which kills 6600 times more
people annually than terrorism does.

Yet, as the name Terrorism and Al-Qaida are arbitrarily stamped on every news report relating to any action taken against US interests, the myth grows wider… in mid 2008, the US attorney general actually proposed that the US congress officially declare war against the fantasy. Not to mention as of july 2008, there are now over 1 million people currently on the "US terrorist watch list"

These so-called counter terrorism measures of course have nothing to do with social protection… and everything to do with preserving the establishment amongst the growing anti-American sentiment both domestically and internationally…, which is legitimately founded on the greed based corporate empire expansion that is exploiting the world.

The true terrorists of our world do not meet at the docks at midnight… or scream allahu akbar before some violent action. The true terrorists of our world wear 5000 dollar suits and work in highest position finance, government and business…

So what do we do?… how do we stop a system of greed and corruption that has so much power and momentum. How do we stop this aberrant group behavior which feels no compassion for, say, the million slaughtered in Iraq and Afghanistan so the Corporatocracy can control energy resources and opium production for Wall street profit?
( Before 1980, Afghanistan produced 0% of the world`s opium; After the US/CIA backed Mujahideen won the Soviet/Afghan war, by 1986 they were producing 40% of the world`s heroin supply;

By 1999, they were producing 80% of the total market supply;
But then something unexpected happened…; The Taliban rose to power, and by 2000 they had destroyed most of the opium fields. Production dropped from 3,000+tons to only 185 tons, a 94% reduction. ; On Sept. 9th 2001, the full Afghanistan invasion plans were on President Bush`s desk;
Two days later they had their excuse;
Today, opium production in US controlled Afghanistan, which now provides more than 90 percent of the world`s heroin, breaks new production records nearly every year.
How do we stop a system of greed and corruption, that condemns poor populations to sweat shop slavery for the benefit of Madison avenue… or that engineers false flag terror attacks for the sake of manipulation….or that generates built in modes of social operation which are inherently exploitative… or that systematically reduces civil liberties, and violates human rights in order to protect itself from it own shortcomings.

How do we deal with the numerous covert institutions such as the council on foreign relations, the trilateral commission and the bilderburg group and other undemocratically elected groups ,which , behind closed doors collude to control the political, financial, social and environmental elements of our lives?

In other to find the answer, we must first find the true underlying cause….for the fact is, the selfish, corrupt, power and profit based groups are not the true source of the problem…they are symptoms.

Read on - part 3
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