The imperialist “bailout bill” and its communist roots
cromwell | 08.10.2008 09:33 | Analysis | Globalisation
Regarding the current trillion-dollar “bailout bill” that has stricken the US and is threatening the EU countries - especially the UK - at present, there is an important fact to remember:
The main reason why the former communist system in Europe could exist while it existed: because the communist regimes and their banks were continuously rescued by a long series of “bailout bills”. They survived because they were kept alive by the global financial-political oligarchy; by the very same oligarchy that is at present regulating the global economy and which is ultimately responsible for the current crisis.
Ironically, the very same oligarchy that has been driving the world-economy toward a final collapse is at present blackmailing and threatening the world-economy with a final collapse, if it is not allowed to continue its course to drive world-economy into collapse.
The main reason why the former communist system in Europe could exist while it existed: because the communist regimes and their banks were continuously rescued by a long series of “bailout bills”. They survived because they were kept alive by the global financial-political oligarchy; by the very same oligarchy that is at present regulating the global economy and which is ultimately responsible for the current crisis.
Ironically, the very same oligarchy that has been driving the world-economy toward a final collapse is at present blackmailing and threatening the world-economy with a final collapse, if it is not allowed to continue its course to drive world-economy into collapse.
The so called “bailout plan” of $810 billion paid by the US taxpayers - and a planned $400 billion from the EU countries - is a political-economical act of redistributing a community’s wealth by political force, which has been the ultimate feature of communism: the entire communist era in Europe was characterized by a long series of “bailout” acts. Banks and companies existed in the ex-communist countries as well: they were regulated and financed by the communist governments, rather than by the mechanisms of free markets. If they were in trouble, (and, in lack of a free market environment, trouble was their “middle name”), their governments rescued them by absorbing astronomical amounts of international loans from the global financial elites.
In effect, the societies both under the imperialist West and the communist East had to and still have to pay dearly in order to keep both systems running. The only difference between the past bailouts to rescue communism and the current ones to rescue imperialism is that the countries thrown under communist oppression after WW2 were a sort of “traffic area” for redistributing the wealth of the global production sphere into the banking sector, whereas the main source of wealth-redistribution was and has been the highly developed countries (the US and West Europe). The ex-communist countries, having been deprived of their economy as such, were not in the position to be plundered; nevertheless they were an excellent means to carry out a long process of wealth-redistribution via giant loan-transactions directed to these countries. (These countries have been the first victims of the very same process that is now threatening the world on a global level.)
As a side-effect of these transactions, the ex-communist leaders and their domestic and international lobbies have accumulated extremely high private funds while helping the communist system survive. While the ex-communist leaders accumulated irrecoverable amounts of national debts and caused an unrecoverable impoverishment and colony status for the ex-communist countries, they became tycoons in the past and thus became the most influential figures of the present. These ex-communist political-economical leadership enjoys the full support of the EU’s imperialist oligarchy under the current seemingly “free and democratic” system, and as a result these countries are in deeper crisis than ever in world history.
In the past the taxpayers’ of the highly developed countries had to pay the bills to bail out these communist regimes, with the apparent purpose to seize their territories by pushing them into deeper and deeper national debts; the present “bailout bills” signify a new twist in the strategy: now the values produced by the taxpayers in the highly developed countries are extorted and redistributed in a manner to pull them into deeper and deeper private and national debts. Whereas the current “trillion bailout bill” is said to be the “price” to be paid for many generations in the West living above the standard of what they have produced (on credit), the communist “bailout bills” were to be paid by the artificially impoverished generations in the East, who were forced to live at a below-human standard under the communist oppression.
This is the brief history of how the ex-communist countries have become bankrupt, impoverished and helpless colonies of the very same oligarchy that is now - with a global “bailout plan” to redistribute an amount above a trillion dollars - is up to colonizing and impoverishing the world.
At present the imperialist system reveals more and more features of communism, thus revealing more and more of the truth of their common roots:
Both systems are controlled by a small coercive financial-political oligarchy, both have been suffocating under controlling monopolies and financial speculations, certain individuals behind both have been thriving on the centrally regulated banking sector at the expense of generating astronomical national debts and at the expense of impoverishment of the citizenry. The result of both is the colonization of the target countries by driving their citizens into slavery via driving them into national and private bankruptcy, and thus surrendering their financial control to the global financial oligarchy.
In effect, the societies both under the imperialist West and the communist East had to and still have to pay dearly in order to keep both systems running. The only difference between the past bailouts to rescue communism and the current ones to rescue imperialism is that the countries thrown under communist oppression after WW2 were a sort of “traffic area” for redistributing the wealth of the global production sphere into the banking sector, whereas the main source of wealth-redistribution was and has been the highly developed countries (the US and West Europe). The ex-communist countries, having been deprived of their economy as such, were not in the position to be plundered; nevertheless they were an excellent means to carry out a long process of wealth-redistribution via giant loan-transactions directed to these countries. (These countries have been the first victims of the very same process that is now threatening the world on a global level.)
As a side-effect of these transactions, the ex-communist leaders and their domestic and international lobbies have accumulated extremely high private funds while helping the communist system survive. While the ex-communist leaders accumulated irrecoverable amounts of national debts and caused an unrecoverable impoverishment and colony status for the ex-communist countries, they became tycoons in the past and thus became the most influential figures of the present. These ex-communist political-economical leadership enjoys the full support of the EU’s imperialist oligarchy under the current seemingly “free and democratic” system, and as a result these countries are in deeper crisis than ever in world history.
In the past the taxpayers’ of the highly developed countries had to pay the bills to bail out these communist regimes, with the apparent purpose to seize their territories by pushing them into deeper and deeper national debts; the present “bailout bills” signify a new twist in the strategy: now the values produced by the taxpayers in the highly developed countries are extorted and redistributed in a manner to pull them into deeper and deeper private and national debts. Whereas the current “trillion bailout bill” is said to be the “price” to be paid for many generations in the West living above the standard of what they have produced (on credit), the communist “bailout bills” were to be paid by the artificially impoverished generations in the East, who were forced to live at a below-human standard under the communist oppression.
This is the brief history of how the ex-communist countries have become bankrupt, impoverished and helpless colonies of the very same oligarchy that is now - with a global “bailout plan” to redistribute an amount above a trillion dollars - is up to colonizing and impoverishing the world.
At present the imperialist system reveals more and more features of communism, thus revealing more and more of the truth of their common roots:
Both systems are controlled by a small coercive financial-political oligarchy, both have been suffocating under controlling monopolies and financial speculations, certain individuals behind both have been thriving on the centrally regulated banking sector at the expense of generating astronomical national debts and at the expense of impoverishment of the citizenry. The result of both is the colonization of the target countries by driving their citizens into slavery via driving them into national and private bankruptcy, and thus surrendering their financial control to the global financial oligarchy.
cromwell
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