Greece Ignites Global Economic, Monetary Debate.

Posted on January 26, 2015

by Jerry Alatalo

aaa-31Alphabet Ashort excerpt from Greek philosopher Plato’s “The Republic”.

Now, if we are to form a real judgment of the life of the just and unjust, we must isolate them; there is no other way; and how is the isolation to be effected? I answer: Let the unjust man be entirely unjust, and the just man entirely just; nothing is to be taken away from either of them, and both are to be perfectly furnished for the work of their respective lives.

First, let the unjust be like other distinguished masters of craft; like the skillful pilot or physician, who knows intuitively his own powers and keeps within their limits, and who, if he fails at any point, is able to recover himself. So let the unjust make his unjust attempts in the right way, and lie hidden if he means to be great in his injustice (he who is found out is nobody): for the highest reach of injustice is: to be deemed just when you are not.

Therefore I say that in the perfectly unjust man we must assume the most perfect injustice; there is to be no deduction, but we must allow him, while doing the most unjust acts, to have acquired the greatest reputation for justice. If he have taken a false step he must be able to recover himself; he must be one who can speak with effect, if any of his deeds come to light, and who can force his way where force is required his courage and strength, and command of money and friends.

And at his side let us place the just man in his nobleness and simplicity, wishing, as Aeschylus says, to be and not to seem good. There must be no seeming, for if he seem to be just he will be honoured and rewarded, and then we shall not know whether he is just for the sake of justice or for the sake of honours and rewards; therefore, let him be clothed in justice only, and have no other covering; and he must be imagined in a state of life the opposite of the former.

Let him be the best of men, and let him be thought the worst; then he will have been put to the proof; and we shall see whether he will be affected by the fear of infamy and its consequences. And let him continue thus to the hour of death; being just and seeming to be unjust. When both have reached the uttermost extreme, the one of justice and the other of injustice, let judgment be given which of them is the happier of the two.

The Syriza Party of Greece came close to winning in 2012, and, since economic conditions for the Greek people have remained dire up until the January 25 elections, the people have decided and voted for an entirely new political direction.

Alexis Tsipras became sworn in as leader of Greece without any of the typical pomp, wearing his much commented-on open-collared shirt without tie, speaking to the citizens of the nation about an end to their multi-year “humiliation” at the hands of the oligarchs and elites.

Worth noting is that on Monday January 26, the day after Mr. Tsipras’ swearing-in formalities as such, no American mainstream media TV outlets reported on the results of the Greek elections. This despite the truly historic nature of the event, and widespread first story treatment on nearly all TV news broadcasts outside the United States. In a certain sense, while it is obviously an important public service to report on what some are describing as one of the most dangerous winter storms ever in America’s northeast, Syriza’s election victory in Greece could be seen as a record-breaking “political blizzard” of its own.

If those Americans who know about the results of Greek elections asked their fellow Americans if they’d heard about it, the odds are probably good that not a small percentage would answer with “No, what about Greece elections?” or “No, what happened? or “Was there an attack by ISIS or something?” or “Did Putin invade Greece?”

American mainstream media’s apparent censorship by omission, and absence of Americans’ awareness of the true significance of Greece choosing an astonishing direction aside, most men and women observers are well aware that things have changed in a big way. For people who participated in the Occupy movement whose motto “We Are The 99%” is now recognized internationally, what they see now is that the real battles (knowing the Greeks’ esteemed philosophical history, ones fought with reason and in-depth debate) with the banksters has begun.

So, if anyone noticed, the Greek people followed the advice of one of America’s “radical leftists” President Franklin Delano Roosevelt when he said “The only thing we have to fear is fear itself”, and overcame efforts to portray Syriza as the dangerous choice which would result in “the sky (over Greece) falling”. Radical left, radical right, radical whatever. There is no doubt that something fundamental and certainly to some extent extreme happened on January 25, 2015 in Greece and, by extension, around the Earth.

Syriza is now faced with trying to carry out its campaign proposals to end austerity, negotiate with the European Commission, European Central Bank, and International Monetary Fund (the Troika) on Greek debt, tackling corruption and tax evasion by performing honest governance, and – fitting for the nation where democracy was born – bringing about a higher level of democracy-based politics.

According to interviewer Tariq Ali in the following video, mass popular mobilization is “critically important for Syriza’s success”. This has become more difficult to accomplish after Greeks have grown weary of political activism from their tough, years-long economic experience with harsh austerity. It will be no small task to improve the health and well-being of the Greek people who, according to the televised discussion – “have become marginalized and basically forgotten”.

Other challenges for Syriza include stopping privatization of government-owned industries and assets, fiscal reforms, environmental regulation, and creating completely new economic development models. Although positively transforming reality for the Greek people will need a strong united effort, of the greatest outcomes of Greek elections is that political philosophy has made a fortunate “comeback” starting from Greece, where it originated thousands of years ago,  and “Syriza can trigger large social movements across Europe, a re-composition of political forces, and a new internationalism”.

Wonder what Plato’s thinking.

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(Thank you to teleSUR English at YouTube)

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Planet Ponzi.

by Jerry Alatalo

Alphabet Former hedge fund manager and author of “Planet Ponzi” Mitch Feierstein talks to Tariq Ali on “The World Today”. Mr. Feierstein believes a better option in 2008 would have been to allow “too-big-to-fail” banks to fail, instead of propping them up with massive taxpayer bailouts. He sees no real difference between conditions or regulatory measures from the worldwide financial crisis of 2007-8, a global crisis still being experienced today, and now in 2015 where the financial sector can still pronounce “heads I win, tails you bail me out”. His view is the financial sector is in worse condition now than in 2008, after considering comparative levels of leverage, credit and debt.

Feierstein points out that Cyprus-like actions have recently been adopted in Europe, the United States, along with the other G20 nations. This includes the phenomenon of “bail-ins”, where bank customer deposits in savings and checking accounts etc. are at risk of confiscation by troubled or bankrupt banking organizations, while parties to complex derivatives contracts hold first place among those who seek legal remedy for losses from any bank failures.

G20 nations:

Argentina

Australia

Brazil

Canada

China

France

Germany

India

Indonesia

Italy

Japan

Mexico

Russia

Saudi Arabia

South Africa

South Korea

Turkey

United Kingdom

United States

European Union

It is worth noting that during the recent passage of the United States “Cromnibus” spending bill, a provision written by Citigroup which placed American taxpayers “on-the-hook” for certain derivatives trade losses – in essence repealing one of the main regulatory measures of Dodd-Frank legislation – became included in the must-pass bill, despite strong objections from a number of legislators, most visible being Senator Elizabeth Warren of Massachusetts.

Mr. Feierstein notes that, in connection to the 2008 economic crisis, people have “short memories”. He shares the statistic that 60 cents of every tax dollar which comes to the U.S. Treasury goes toward servicing interest on the national debt. He sees the examples of people-powered movements “from below” in Greece, Spain, Italy, and perhaps even soon France as reason for optimism in such movements’ potential for bringing about real reform which could become international.

He sees so-called deficit cutting measures by governments as “spending money they don’t have, but less of it”. He shares the analogy of his wife coming home from a high-class clothing store with an expensive dress, telling him that she “saved” 100,000 euros because the price had been reduced by 100K, but that he didn’t have the 100k she paid for the dress.

According to Mitch Feierstein, democracy is “vaporized”; it’s an illusion”. Whenever the economy goes down, extreme right-wing parties spring up, along with more acceptable alternative third parties whose success is directly linked to the people’s no longer being able to vote for people “who have lied to you”. Feierstein tells Tariq Ali about illegal manipulations of LIBOR (London Inter-Bank Offer Rate) interest rates, the interest rate banks charge each other for loans.

Mr. Feierstein considers the LIBOR rigging scandal as the largest financial crime in history, LIBOR rates connected globally to $300 trillion dollars worth of contracts. If such massive rigging at the highest levels of bank management of LIBOR weren’t disturbing enough, some now view manipulations of currency rates and prices for precious metals as even more damaging to the world economy.

The world’s combined GDP (gross domestic product) is an estimated $67 trillion. Some of world’s largest banks hold more than the world’s GDP in complex financial instruments contracts becoming more commonly known as derivatives. Thanks to the “Citigroup Provision” passed along with America’s Cromnibus spending bill, the American people could face the situation where their tax dollars will “cover” losing derivatives bets that Mr. Feierstein early in the interview termed “…tails you bail me out”.

He tells Mr. Ali that these are “incredibly bizarre times”, and that governance has become a stepping stone to great wealth instead of an honorable profession where speaking the truth and trying to make life better for fellow citizens is the one and only focus. Using the example of former British Prime Minister Tony Blair, Feierstein concludes: “If you’re a good boy, and you toe the line and keep the narrative, you’ll do just fine. Get out (of political office) and become very wealthy”.

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(Thank you to The World Today with Tariq Ali at YouTube)

MH17 Mass-Murder Still Unsolved.

Posted on September 23, 2014

by Jerry Alatalo

aaa-20Some people in Germany certainly haven’t forgotten MH17, because they’re taking the Ukrainian government in the capitol of Kiev to court for manslaughter. For a number of reasons, MH17 remains very disturbing for many people around the world. Among those concerned about the failure to arrest those behind the shooting down of MH17 is Tariq Ali, who devoted 30-minutes to the subject recently on his TeleSUR TV program, “The World Today With Tariq Ali”.

The title of that episode is “Propaganda Wars” and Mr. Ali performs an excellent job of pointing out the facts surrounding the downed airliner, particularly regarding how Western governments and media have “spun” the story. The biggest, most perplexing developments which occurred after the Malaysian airliner was shot out of the sky in July would be headed up by the quick rush to point the finger of blame toward Eastern Ukraine pro-federalists and/or Russia for the downing. The Obama administration, European Union government officials, and US and European media outlets quickly were shouting out “Separatists, Russians, Putin!” but, when those who were doing the shouting became asked to give evidence backing up the claims behind their shouts, the accusers were unable to provide any.

Now, the number of published front-page newspaper articles, television news programs, government announcements, and statements made by guests on television talk shows suggesting – even claiming there was “no doubt” Eastern Ukrainian separatists or Russia used surface-to-air missiles to shoot down the airliner – wasn’t small. One could describe the amount of “Russia did it!” reporting in the first days after the jet crashed in Ukraine, killing all 298 passenger and crew on board, as a “tidal wave”.

What is worthy of consideration is that, in that tidal wave of “Russia did it!” reporting, there were virtually no suggestions of the possibility that the new Ukraine government may have been behind the shooting down of MH17. Then, the media basically ignored – almost to the point where reasonable persons could think intentionally – the gathering, growing number of questions and facts coming from various sources including the Russian and other governments, independent experts and investigative journalists, and what seemed like every non-western media outlet and citizen/independent journalist on the world’s internet.

Russia’s investigation resulted in an over hour-long presentation by officials of their military where radar showed two Ukrainian fighter jets in close proximity to MH17 shortly before it crashed, suggesting the possibility that those Ukrainian jets may have shot down the airliner with air-to-air missiles or large-caliber bullets fired from the jets. Western governments, in particular the US’ Obama administration, along with Western media – both of whom almost immediately after the Malaysian airliner crashed in Eastern Ukraine pointed their collective finger at separatists and Russia in relentless, “tidal wave” fashion –  completely ignored the Russian military presentation, and made absolutely no mention of any alternative theory about what happened,

Tariq Ali, during his report, shows an Associated Press reporter at a United States State Department press briefing asking the woman State Department spokesperson to show him more information about the US government’s evidence allowing them to publicly state separatist/Russian guilt for the downing of MH17. Mr. Ali observes that, first, for the Associated Press reporter to ask such a challenging question is these days a “rare occurrence” and, second, that the woman State Department spokesperson could not come back with anything approaching a coherent, acceptable, or reasonable response.

Tariq Ali goes on to describe similar events in recent decades where airliners were shot down, the late-1980’s agreement between then Soviet Union Premier Mikhail Gorbachev and US Secretary of State James Baker where Baker – after he and Gorbachev agreed to East and West Germany reunification – told Gorbachev that NATO would not advance “one inch” toward (what is now) Russia, and various aspects having to do with shortcomings in Western journalism to provide full, accurate context on MH17 and Russian/Ukraine, Russia/US differences.

Mr. Ali then mentions an open letter from retired United States military/intelligence officers to President Barack Obama, where they pointed out their serious concerns regarding the disconnect between administration assertions of Ukraine separatist/Russian criminal responsibility for MH17 and the lack of evidence to prove those assertions.

Readers can find the full letter here:

https://onenessofhumanity.wordpress.com/2014/07/30/united-states-should-release-ukraine-evidence/ 

Now, that open letter became published and read all across the world over the internet. The number of men and women around the Earth whose eyes gazed upon every word of it is probably in the millions. The letter was a profound statement directly related to a major, major international event: the shoot-down of Malaysian airliner MH17 in Eastern Ukraine on July 17, 2014. What is so puzzling, frustrating, and, frankly, has led to a high level of indignation among many around the Earth is that what is presented in that letter never became the topic of discussion in the US Congress or any Western media outlets.

MH17 mass murderers still outside the law

That letter published by retired military/intelligence officers came out of July 29, nearly two months ago, and thousands of articles about MH17 since have presented a number of theories about the incident. The international community seems to have come to the point where there is no sense of urgency in finding out what really happened on July 17 in Eastern Ukraine which resulted in 298 men, women, and children perishing. Shortly after the letter by Veteran Intelligence Professionals for Sanity became seen by millions – and the thousands of articles on MH17 as well – what occurred was the Western media completely stopped reporting on MH17.

One could describe the media’s reporting about MH17 beginning roughly two months ago until now as “total and absolute silence”. The heads of the world’s governments aren’t demanding an immediate, thorough, multi-nation, professional investigation by the world’s leading experts/investigators to determine what happened. An attorney from Malaysia, Matthias Chang, published an article on September 15, 2014 about the, what he describes as, “so-called independent investigation of the Netherlands”, and he found the investigation’s first public report explicitly states its main purpose was not to discover the perpetrator(s). 

Readers will find Mr. Chang’s full article here:

https://onenessofhumanity.wordpress.com/2014/09/15/mh17-false-flag-coverup/ 

What has also come to light since the Netherlands investigators released their first public report is that there were no references or inclusion of any evidence provided by the United States government. Now, any reasonable man or woman cannot help but ask themselves how – after so many statements accusing/strongly suggesting culpability of Ukraine resistance/Russian officials in the shoot-down of MH17 by US government executive and legislative branch officials – that not one speck of evidence came from the United States which then became part of the Netherlands report.

Now it seems the Netherlands MH17 investigative team will release another – their follow-up – report next year. It seems as if all the investigators can tell the world is that MH17 became struck by fast-moving projectiles. The way in which the mass murder of 298 innocent human beings in the downing of MH17 has been carelessly reported, shoddily investigated, and used for deceptive, manipulative, propagandistic purposes is outrageous. Miscarriages of justice of this extreme proportion should never, ever occur in a world which views itself as civilized.

Humanity must take the strongest possible actions to find the mass-murderers behind MH17.

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(Thank you to TeleSUR English at YouTube)