Heed World’s Call For Peace.

“Conversation Peace” by Stevie Wonder (Released in 1995)

Staring right at 2000 A.D.
As if mankind’s atrocities to man has no history
But just a glance at life in 2000 B.C.
We find traces of man’s inhumanity to man
There’s no mystery

All for one… one for all
There’s no way we’ll reach our greatest heights, unless we heed the call
Me for you… you for me
There’s no chance of world salvation, unless the conversation’s peace

We can’t pause, watch and say “no this can’t be”
When there’s a plan by any means to have cleansing of one’s ethnicity
And we shouldn’t act as if we don’t hear nor see
Like in the holocaust of Jews, and a hundred and fifty million blacks during slavery

All for one… one for all
There’s no way we’ll reach our greatest heights, unless we heed the call
Me for you… you for me
There’s no chance of world salvation, unless the conversation’s peace

When publicly or privately convened
May love, positivity and life’s preservation be the basic theme
And should you put your trust in some prophet in life
Give him trust but your faith must stay with the one
Who gave the ultimate sacrifice

All for one… one for all
There’s no way we’ll reach our greatest heights
Unless we heed the call
Me for you… you for me
There’s no chance of world salvation
Unless the conversation’s peace

****

(Thank you to Hazel Grace at YouTube)

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Greek People Will Return To Drachma, Sovereignty.

by Jerry Alatalo

DrachmaWhile Greece is known around the world as the birthplace of democracy, the nation also has philosophers like Aristotle and Socrates lighting up its history. A variation on a line written by an English playwright by the name of Shakespeare seems to fit like a glove for what the Greek people are experiencing today: “To Drachma, or not to Drachma – that is the question”. Because 61% of Greeks voted on July 5 against further austerity measures, overcoming the fears created by European “partners” cutting off physical euros along with warnings of doom coming from corporate media, one could reasonably predict the answer to Mr. Shakespeare’s question from the people of Greece will become “drachma”.

The Syriza government has attempted through good will since voted into power on January 25 to deal with their counterparts from the European Commission, European Central Bank (ECB) and International Monetary Fund, but either through naivete, severe underestimation of EU partners’ stonewalling or God knows what reasons, Syriza quite simply got steamrolled. What is going to occur, driven particularly by resentment from Greeks and other Eurozone nations after clear economic terrorism – cutting off of physical euros – was inflicted by the ECB, is that Greeks will soon start developing what has become now widely known as “Plan B”.

People living in Spain, Italy, Portugal, France, Germany and the other Euro zone nations have probably begun seriously thinking about a “Plan B” of their own, so one increasingly likely scenario for Europe finds first Greece bringing about a “rupture” from the euro, then Spain, then Italy, Portugal next, and so on. Europe’s power/financial elite will have only themselves to blame for the world-changing events coming up. How did they come to think that blackmail, fear-mongering and brutal, compassion-less actions directed at a good, proud people would not be met with a proportionate response? Did they think that nobody was watching? If so, then they were 100% wrong. The whole world is watching.

Ph.D. in philosophy, Professor Panagiotis Sotiris recently sat down for an interview with The Real News Network, where he shares his views on the future for Greece. Expect many more people in the Euro zone coming to see the wisdom in adopting his way of looking at the situation. As perceptions that the Greek crisis has somehow been “settled” became widely held after the latest bailout deal, those seeing the issue as settled might want to think twice.

News reports of events in Greece are far from over.

****

(Thank you to TheRealNews at YouTube)

Richard Wolff’s July Update Most Revelatory To Date.

by Jerry Alatalo

“Settle the economics question and you settle all other questions. It is the Aaron’s rod which swallows up the rest.”

– WILLIAM MORRIS (1834-1896) English writer, artist

mountain1Retired economics Professor Richard Wolff’s monthly meetings in a church in New York City have become attended by larger numbers of men and women since their start, as well as increasing numbers of people around the Earth over the internet as the talks are found at “RichardDWolff” on YouTube. His July meeting has received over 5,200 YouTube views in a little over a day after posting. Besides the increasing popularity of these monthly “Economic Update” productions, Mr. Wolff is a popular guest on radio and television talk/news programs and hosts a weekly radio program “Economic Update” on the Progressive Radio Network.

The men and women who attend his monthly meetings to hear him in person pay $10 each, and at the beginning of the July meeting he asks the thousands of  people from around the world who will watch for free on YouTube to consider donating $10 at his website:

democracyatwork.info

What stood out for this writer while listening to Mr. Wolff’s July update/meeting was his description of the 1976 military coup in Argentina, how government officials after the end of the military dictatorship (1983) said “no” to repayment of debts incurred by the military dictatorship from 1976-1983, and particularly how it lined up with and confirmed the corruption and dangerous nature of geopolitical financial machinations described by John Perkins in Perkins’ bestselling book “Confessions of an Economic Hit Man”. Here we are talking about war by means other than with the use of military force, but financial force through bringing about the impossible-to-repay indebtedness of entire nations.

The most recent example of what economist Michael Hudson calls “war by finance” is Greece, where the government of Alexis Tsipras became forced – after unfortunately thinking that negotiations with the Eurogroup would be successful, mutually reasonable and lead to better conditions for the Greek people – to capitulate and accept further austerity measures, after financial terrorism in the form of euro/cash cutoff threatened economic destruction of the nation. Richard Wolff, after decades of economics study and university teaching, gives a brilliant lecture that paints historic and current economics events in a manner few teachers of economics are able to match.

His analysis of the economic conditions facing Americans is brutally honest, suggesting in the strongest terms the necessity for bringing about massive, effective change. That Richard Wolff’s talks are generating increasing interest not only from Americans but listeners and viewers around the Earth reinforces the validity and commonality of experience of what he shares.

The only slight disappointment in the talk is not incorporating the public banking solution into what is otherwise a stunning and revealing exposition of the fundamental realities of economics in the world. Richard Wolff deserves high praise and much appreciation for his truthful and passionate efforts at passing along his clearly immense knowledge of the subject. His teaching style has evolved to the point where what listeners likely have thought a very abstract, almost mystical field of study  – “only understood by scholars” – becomes easily grasped because of Mr. Wolff’s decades-of-study and expertise on economics. This talk is extremely informative, relevant, and highly recommended. One can add to that assessment the word important. Very impressive… Rating: five stars.

(Thank you to RichardDWolff at YouTube)

Greece: Why No ‘Plan B’, Mr. Varoufakis?

by Jerry Alatalo

aaa-8Does anyone else wonder how it is that Greece and Syriza seem to have no “Plan B”: leaving the euro, Grexit, and returning to the drachma? Like millions of men and women around the world, interest in the situation in Greece leading up to the historic “Oxi” vote on Sunday July 5 has led to reading a good number of articles and listening to reports. Recently resigned Greece Finance Minister Yanis Varoufakis posted a short radio interview on his personal blog days before the July 5 vote, on July 2:

http://yanisvaroufakis.eu/2015/07/02/why-a-no-vote-in-the-referendum-is-a-yes-for-a-proud-greece-in-a-decent-europe-talking-with-phillip-adams-on-lnl-abc-radio-national/

What stood out and astonished during the radio interview was Mr. Varoufakis’ talking about how European nations, upon agreeing to use the euro, were required to destroy/get rid of their drachma, lira, peso, franc, etc. printing presses. The first question which came to mind after hearing him say that was “How can he be saying that Greece hasn’t made certain to obtain printing presses to produce drachmas?” While thinking it was naive and perhaps ridiculous to make the following suggestion in a comment at Mr. Varoufakis’ blog on the printing press issue, but, since the interview didn’t reveal possible solutions, the following comment was entered:

(Note: Copy/paste from the actual post – Interesting that “Your comment is awaiting moderation.”… the comment apparently wasn’t ok’d/published)

Jerry “Peacemaker” on July 3, 2015 at 02:42 said:Your comment is awaiting moderation.

“Extremely interesting to hear that upon joining the eurozone, member states were required to dispose of their printing presses. That made certain eurozone states would find it difficult to return to their traditional sovereign currency – as enchained, captive “customers” and borrowers.
 Before joining the eurozone Greece printed and used the drachma, and the men and women who were employed in the printing of the Greek national currency obviously have the experience and knowledge of how to resurrect drachma-printing and Greece’s return to sovereign money.The people of Greece, of any nation, can choose control over their monetary affairs instead of persisting in giving that immense power away to a small group of private profit-seeking interests – who reside far away from Greece. Consult the men and women who understand drachma-printing from actually having done it, find the printing presses, and return to pre-euro sovereign money status.”

—-

So, where are you going with this, Jerry? First, it is almost beyond comprehension to explain, if true, that Syriza with Yanis Varoufakis as Finance Minister made no arrangements, all arrangements, for a potential Grexit and return to the drachma as Greece’s currency. After learning of the no-drachma-printing presses issue, left a comment at the popular blog for economists: “Real-World Economics Review” – with a link to the radio interview and the question “Does anyone know where there are some good, reliable drachma printing presses?” (comment ok’d and posted):

https://rwer.wordpress.com/2015/07/02/why-we-recommend-a-no-in-the-referendum-in-6-short-bullet-points/

In sharing that comment, the intent was to convey the absolutely inexplicable, mind-blowing fact that Greece officials evidently did not have the physical equipment, supplies, personnel, etc. to print drachmas – a real and possibly imminent, urgent eventuality, and one that seemed completely overlooked?!

—-

Why the comment at Yanis Varoufakis’ blog wasn’t posted/made public on July 3, what effect economists at RWER who clicked the link and listened to the interview had in eventually concentrating focus/raising the printing press issue (Mr. Varoufakis resigned after Sunday’s “Oxi” vote, to the surprise of most observers), and why Mr. Varoufakis didn’t order – immediately upon becoming Finance Minister – purchase of necessary equipment for printing drachmas…. are questions which will become answered in time.

The thought that Mr. Varoufakis may have intentionally avoided preparations and planning for a possible scenario where the printing of drachmas was necessary never came to mind, until listening to journalist/author William Engdahl in the following interview – which occurred after Mr. Varoufakis resigned. Mr. Engdahl and host Ian R. Crane suggest that Mr. Varoufakis, by failing to make certain the Greece government had a workable “Plan B” should negotiations sour to the point of exiting the eurozone, is perhaps guilty of high treason.

Mr. Engdahl points out that Yanis Varoufakis was, in his view, a “Trojan Horse” who made sure there was no “Plan B”, and gave him credit for “doing his job of pretending to be a liberal”, giving Europeans and Greeks an impression of Greek government incompetence.

It’s hard to argue with William Engdahl’s analysis. Upon listening to the radio interview where Yanis Varoufakis talked about having no drachma printing presses, most listeners were probably shocked and perplexed that such an obvious potentiality hadn’t been accounted for.

Greeks’ return to the drachma would most likely lead to a domino-effect of nations in the eurozone – and around the Earth – emulating Greece and taking sovereign control of their monetary systems.

That means truly enormous, unprecedented, historic global change.

———-

William Engdahl article:

http://journal-neo.org/2015/07/03/what-stinks-about-varoufakis-and-the-whole-greek-mess/

(Thank you to Ian R Crane at YouTube)