Thursday 4 August 2011

Government by Corporation. Peak Oil. Hungry People. Written by David Dene

We are living in strange times.

If the US Government Bond Markets look shaky, and are downgraded by the "rating agencies",then, of course, the corporate market has to be the next place for investments, and, we know that there is a massive amount of money needing a "safe home". Certainly there is 1.5 Trillion Dollars looking for that "safe place".

Short term gains in the "markets" look like a strong possibility. The long term looks increasingly ghastly with massive unemployment throughout the "Western World", Governments especially that of the USA having been "castrated" by corporate interests.

Governments will then fail to meet the needs of an increasingly impoverished, and possibly hungry, population who will have no money to invest in the products of the corporate "power house", therefore QED, a very nasty situation begins to unfold with massive polarization between rich and poor.

I think that road will lead to civil unrest.

"Security" is being stepped up. The new Spanish passports will be "biometric" with an Iris scan as part of "the deal". The Guardia Civil will have hand held Biometric scanners. (Not common knowledge)

I spent time with a lady who is part of the design team. We were on an "Experiencing English Conversation" week, so I had the opportunity to  "grill" her as part of my "remit". !

So, will increased "security", scare people into acceptance of a "status quo"?. I do not think so.

I think we are seeing a new type of "bubble" building, different from other "bubbles", because the money is there on the balance sheets and needs to be invested, rather than the other way around, as for instance, in "The South Sea Bubble", where the money was not "surplus", it was small savings from many people invested in the dream of "peanut" fortunes. ! It burst and many people lost their money.

Here we have massive amounts of money looking for a home. This money keeps the stock markets, "buoyant", looking good with  investment, however there may well be a collapse in real profitability owing to decreasing GDP.

Our present economic model is quite "fanciful", totally unsustainable, and doomed.

Burst this bubble and..............!!

Oil pumps around 89 million dollars into the system every day.(Pricing at 1 dollar a barrel). Scientific analysis declares that we are on, or about to hit, Peak Oil. The curve registering the life of an Oil Field is a Bell Curve - fast up - level out - fast down. The "level out" scenario is "Peak Oil". The ILEA tell us that we have been on the same  level of world oil production  for the last 5 or 6 years. We will know when we hit peak oil because we will start the decline. We may well be there.

Extrapolate from that, and take into account a changed climate and we hit the first "shock horror" - higher food prices - we have them, and it could be that those higher food prices sparked and continue to spark the revolutionary zeal spreading across North Africa into the Gulf.

I think a new paradigm has to unfold. I think it is unfolding with quite a number of new economic models "on the table", which do not require ever expanding markets as their bases.

We do not have an ever expanding planet, so an ever expanding market is logically an impossibility.

People used to believe that the Earth was flat and that Charles Darwin was a heretic - that was "social agreement".

Our present economic structure is clearly an insanity held together by "social agreement". There is, of course, a very large amount of "fear", and profit, driving that "agreement". 

What about Old Age Pensions, Unemployment Benefits, Sickness Benefits, Police, Army, and in short, "Public Services". ? The present model is to "privatise" them all. 

The present agreement on the raising of the "debt limit" in America, orchestrated by Mr. Obama, has the potential to "Corporatize" America which will remove great chunks of  democracy from that country.

We are seeing a take over of Democratic Government in the USA by Corporations.

The Corporate "Master Plan" is certainly working. "The Plan" requires a subservient population, kept "under control".

We are coming to a cross roads, and my bet lies with "the people". I see an unstoppable dramatic change occurring, which will not stabilize until we are in balance with ourselves and the natural world.

The "wake up" call is there and loud enough to be heard. The hungry and disenfranchised hear it first.

No comments:

Post a Comment