Trick of the Dialectic ~ Alan Watt 23rd May, 2013

Alan Watt [23rd May, 2013] Trick of the Dialectic

Alan Watt Recommended Book List by Robin

Nineteen Eighty-Four – George Orwell

Why are The Big Banks and Financial Institutions untouchable

Are US banks untouchable?


We ask why no charges have been brought against US banking institutions for their part in the global financial crisis. We also ask why the US still refuses to recognize Nicolas Maduro as the elected Venezuelan president? Shihab Rattansi discusses with guests Russel Mokhiber, the editor of Corporate Crime Reporter; and Bartlett Naylor, the financial policy advocate at Public Citizen, and a former chief of investigations for the US Senate Banking Committee.

WW3 ~ Cyberwarfare coming to America

In South Korea in March, more than 30,000 computers and servers at the country's two largest broadcasters, one cable channel and three banks out of commission. For hours, customers could not take out money from their accounts. After first pointing fingers at North Korea, and then China...the confused South Korean Communications Commission said it was difficult, maybe impossible to identify the perpetrators. But one man, Jaime Blasco, says he was able to identify the hackers as originating in China. And his words carry weight. He is one of the world's most experienced private investigators of cyber attacks. Born in Spain and now working in the United States, his clients include several governmentsin Europe as well as corporations in banking, energy, defense and telecommunications who turn to him in emergencies.

Global Financial Collapse Is Coming 2013

Corporatism has transformed our capitalist system into this fascist nightmare. CORPORATIONS trough lobbying efforts effectively write US laws. Guess whom those laws are going to benefit? When PRIVATE entity controls money supply of a nation as great as US there is no wonder those banks that own Fed are untouchable everywhere in the World. Hence bailouts for them and bills for the rest of us. His last point is really where his analysis is disintegrating. He wants it both ways. In Soviet Union and other communist countries production was controlled by state or public and was directed even on net loss(negative profit), in US most of drug making companies are PRIVATE, and work for PROFIT which is the case for most other companies and industries too. And that is main thing that differentiates sovietized economy from a capitalist one. In conclusion he does not distinguish between small business and corporations. I agree that small business is overburdened by laws and rules but those rules in capitalism are imposed trough lobbying efforts on government by big CORPORATIONS doing everything to preserve their monopoly. So small business and state in age of globalization are both effectively victims of CORPORATIVISM.
I’m not sure how accurate the following quote it, but it does speak to our times.
“I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country… corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed.”
—U.S. President Abraham Lincoln, Nov. 21, 1864 (letter to Col. William F. Elkins)

China Rising - Made in China

China's economic role in the world is growing at a record pace, and it is also now a key player in world politics .The country has no doubt become a global manufacturing giant, but how will it deal with issues on the home front such as increase in pollution and water shortages? Although it has been confronted with tough environmental problems, efforts are being made to solve these. In the final episode of this series, through a range of interviews from Africa, the EU, the US, and China, we find out how it is positioning itself as a major global player.