Skip Nav | Home | Mobile | Editorial Guidelines | Mission Statement | About Us | Contact | Help | Security | Support Us

World

The Crash: Plot Thickens

Jordan Thornton | 25.10.2008 02:23 | Analysis | World

After hearing Alan Greenspan's "testimony" before the Congressional hearing (made up of millionaires and multi-millionaires), I'm reminded of the police chief in Casablanca... "I am shocked, shocked to find gambling going on here..."

"The purpose of a system is what it does" - Stafford Beer

Has anyone else noted that the apparent Motive for the engineered "financial crisis" has been suggested by the recent headlines?

The IMF has been "invited" to lend more money to "emerging states" like Iceland and Pakistan, and to be a "major player" in any "solution" the architects of this crisis create - or more accurately, put into place - when they meet, again behind closed doors, to "restructure the global (sic) economy".

However, in "borrowing" from the IMF, countries must sign on to the devastating "reform" programs that are proven to not only place foreigners in control of a nation's economy, but also drive wealth out of the countries where this regime is in place, leaving poverty in its place, spreading like wildfire, as well as the usual problems which accompany sudden, abject poverty.

These are the exact same policies that most South American countries have already suffered under, which have also recently been rejected by the countries' politicians - those who replaced the corrupt officials who signed onto the programs in question, in the name of short-term "debt relief", which is little more than signing into MORE debt.

Nobel Prize-winning economist (and former IMF Chief) Joseph Stiglitz, says in his book "Globalisation and its Malcontents" that, even if these programs were not initially intended to produce such diastrous results, their continued implementation in the face of so much evidence of their harmful effects, proves a malicious intent on the part of those pushing them.

Brown is being credited with the plan that Sarkozy recently toured the world urging other right-wing reactionary Regimes to adopt, but it seems certain that this plan was ready to go when the "crisis" arose. (Much like the agenda of widespread aggression which was prepared in advance of 9/11 ...) But who actually wrote it? Whose plans are "we" being asked to enact? To what end?

When it's "US" bearing the brunt of the policies these criminals created, in order to enrich themselves at our collective expense, it's "every man for himself".

Now that the house of cards these people created has collapsed - as opponents of these schemes such as myself predicted for well over a decade, while the media ignored us - and it's "THEM" who are feeling a pinch, suddenly it's "one big happy family" ...

Perhaps this small group of criminals who created the policies which laid the foundation for this situation, those who then profited from these policy blunders, while the average labourer suffered - policies created behind closed doors with no public oversight or input, protected from the "democratic process" by riot police, soldiers, corrupt officials, Agents Provocateurs, armoured vehicles, helicopters, tear gas, pepper spray, a compliant corporate media, etc. etc. etc., collectively referred to as "Globalisation" - could pass a hat around at the upcoming closed door meetings, where the same people responsible for this mess, instead of facing prosecution, will try and determine how they can 'fix' the problem, while continuing to profit from the system they design.

Surely, these billionaires could take a hit for the greater good.

After all, isn't that what they demand of us ... ?

Or, perhaps we could actually do something to stop this process from repeating itself, and demand that those responsible are held to account for their actions.

Is there a mechanism whereby we can take this out of their hands entirely?

If there isn't, then we should demand that this be put off until a truly representative process can be created. This is simply akin to borrowing from the mafia, and pushing down on the accelerator, while the car is pointed at a cliff.

I mean, it's no coincidence that this "crisis" has arisen just as so many of the countries involved are ruled by staunch Neo-Conservatives, Bilderbergers, etc. Who created these plans "fixing" the problem, which already appear to be nothing more than an expanded version of the failed policies which created this situation in the first place.

We've been way to quiet on this issue. What has happened to the so-called "AntiGlobalisation Movement"? We need to be making ourselves seen and heard, and right now, both in the streets, and in the halls of power, and the TV/Radio studios, and opinion pages throughout the printed press.

After all, this situation vindicates everything we warned about for well over a decade. It also proves the stuff-shirt, paid "editorial writers" and pundits wrong.

It's time the media started paying us some mind, so that the public is exposed to the voices who were correct all along, instead of having to suffer through more of the same from those who were dead wrong all along.

IMF pledges to lend Iceland $2 billion
 http://www.cbc.ca/world/story/2008/10/24/imf-iceland.html

Draft letter calls on IMF to play critical role in financial crisis
 http://www.cbc.ca/world/story/2008/10/24/euasia-imf.html

'Stick together or sink together': European Commission president
 http://www.cbc.ca/world/story/2008/10/23/eu-asia.html?Authorized=1&AuthenticationKey=1_19_472e3286-ab7d-4f6b-8699-b572202c18e2.pakgaemejogebl

---------------------------------

World Repair
 http://www.kurzweilai.net/mindx/frame.html?main=/mindx/show_thread.php?rootID%3D6249

 http://www.fiatempire.com

Jordan Thornton
- e-mail: pilgrim112@hotmail.com

Comments

Hide the following 2 comments

The Creature from Jekyl Island

25.10.2008 08:52

If you have not read the The Creature from Jekyll Island, it is a must read. Anyone who has read the book will have been watching the events that have and are unfolding over the last few months (including the 'apparent' start of things with the Northern Rock bail-out) aghast and helpless.

Mike Silvey


Greenspan was@2006Bilderberg in Ottowa which the G8 bows down to

25.10.2008 20:24

along with its sister organisation the Trilateral Commission. I was at Bilderberg 2006 reporting for indymedia with other international activists, one of the main discussions then 2years ago was sub prime, its no shock to them, they faffed it deliberately & now taxpayers are paying for bailing out Citibank & Morgan Chase, their trying to make a killing just like they did in the 1930's.
Its time for more real democracy, from local to universal.
 http://www.opednews.com/articles/What-you-need-to-know-abou-by-Garland-Favorito-081003-654.html

Green syndicalist


Publish

Publish your news

Do you need help with publishing?

/regional publish include --> /regional search include -->

World Topics

Afghanistan
Analysis
Animal Liberation
Anti-Nuclear
Anti-militarism
Anti-racism
Bio-technology
Climate Chaos
Culture
Ecology
Education
Energy Crisis
Fracking
Free Spaces
Gender
Globalisation
Health
History
Indymedia
Iraq
Migration
Ocean Defence
Other Press
Palestine
Policing
Public sector cuts
Repression
Social Struggles
Technology
Terror War
Workers' Movements
Zapatista

Kollektives

Birmingham
Cambridge
Liverpool
London
Oxford
Sheffield
South Coast
Wales
World

Other UK IMCs
Bristol/South West
London
Northern Indymedia
Scotland

Server Appeal Radio Page Video Page Indymedia Cinema Offline Newsheet

secure Encrypted Page

You are viewing this page using an encrypted connection. If you bookmark this page or send its address in an email you might want to use the un-encrypted address of this page.

If you recieved a warning about an untrusted root certificate please install the CAcert root certificate, for more information see the security page.

IMCs


www.indymedia.org

Projects
print
radio
satellite tv
video

Africa

Europe
antwerpen
armenia
athens
austria
barcelona
belarus
belgium
belgrade
brussels
bulgaria
calabria
croatia
cyprus
emilia-romagna
estrecho / madiaq
galiza
germany
grenoble
hungary
ireland
istanbul
italy
la plana
liege
liguria
lille
linksunten
lombardia
madrid
malta
marseille
nantes
napoli
netherlands
northern england
nottingham imc
paris/île-de-france
patras
piemonte
poland
portugal
roma
romania
russia
sardegna
scotland
sverige
switzerland
torun
toscana
ukraine
united kingdom
valencia

Latin America
argentina
bolivia
chiapas
chile
chile sur
cmi brasil
cmi sucre
colombia
ecuador
mexico
peru
puerto rico
qollasuyu
rosario
santiago
tijuana
uruguay
valparaiso
venezuela

Oceania
aotearoa
brisbane
burma
darwin
jakarta
manila
melbourne
perth
qc
sydney

South Asia
india


United States
arizona
arkansas
asheville
atlanta
Austin
binghamton
boston
buffalo
chicago
cleveland
colorado
columbus
dc
hawaii
houston
hudson mohawk
kansas city
la
madison
maine
miami
michigan
milwaukee
minneapolis/st. paul
new hampshire
new jersey
new mexico
new orleans
north carolina
north texas
nyc
oklahoma
philadelphia
pittsburgh
portland
richmond
rochester
rogue valley
saint louis
san diego
san francisco
san francisco bay area
santa barbara
santa cruz, ca
sarasota
seattle
tampa bay
united states
urbana-champaign
vermont
western mass
worcester

West Asia
Armenia
Beirut
Israel
Palestine

Topics
biotech

Process
fbi/legal updates
mailing lists
process & imc docs
tech