Mervyn King: I want people focused on public service, not bankers, supervising the city ... Mervyn King is looking for a new breed of regulators focused on public service and not huge banking-style pay packages when responsibility for financial regulation transfers from the Financial Services Authority (FSA) to the Bank of England in 2012. The governor said it was time to move away from the model where people take two or three years out to work as a regulator before returning to City of London jobs. "What we really want is a cadre of people who see their professional motivation in life as being regulators working in public service," he told the Treasury Committee. ... "What we want to build up now in the area of regulation is not a team of what I would call bankers, but a team of people who clearly understand banking, but who have professional commitment to a lifetime of public service as a regulator." – UK Telegraph
Dominant Social Theme: Good, gray men will save us.
Free-Market Analysis: And so we see how memes grow. One dominant social theme we already understand. Central banking itself is a kind of priesthood with Wall Street execs, such as Goldman Sach's Lloyd Blankfein (above left), publicly boasting of their divine relationships to society. And "Mervyn King, Good and Gray" (or is it Gandalf the Gray?) is one of the leading servants in this area. Then there is public service itself and the calling that is regulatory work. This is another priesthood entirely, or shall we say a priesthood aborning.
It reminds, in addition to Tolkien, of the Doublemint gum commercial – "two mints are better than one." And so are two priesthoods. Of course separately both priesthoods are dysfunctional. But no matter, the mainstream media will continue to treat these two separate entities as logical outcomes of Western regulatory democracy. Both are dominant social themes – regulation and central bankers – and both are central to the power elite's command and control. One denies all but a few the power of printing money. The other denies all but a few the ability to do as they choose in the Western world's larger securities markets.
Only in the era of the Internet is it possible to see entirely what has been wrought, and it is impressive indeed. The central bank structure has enabled the elite to build privileged bank franchises around the world. These banks are protected entities, unable to fail and more and more they are the cynosure of ALL significant funding in both the public and private sector. Sure there are anomalous events such as Microsoft or Apple. But for the most part if you want to Do Something Big, you have to run it past Wall Street or the The City, etc.
Then there is the regulatory side. Here we see a consolidation of power as well. Regulatory capture is well known, of course – the idea that the regulatory authority ends up serving the largest entities that it regulates. But beyond regulatory capture, there is the aspect of control. There are so many regulations at this point that almost everyone is doing something wrong at some point in some way. Regulators that want to shut down inconvenient entities merely have to probe until they come up with something that serves as suitable rationale.
What is an inconvenient entity from a regulatory standpoint? Assuming that one believes that Western regulatory democracy is a form of leveling (in which only a few chosen entities are allowed to grow bigger), most ventures of any ambition are probably looked upon with suspicion by the powers-that-be.
Naked short selling syndicates, for example, manipulate the markets for public securities (once they are sufficiently short) by illegally "kiting" short positions through various clearing brokers (thus avoiding buy-ins) and then utilizing the power of their puppet "journalism" friends (often holding themselves out to be private "market cops") to launch public smear campaigns. The short-sellers benefit as "diligent" regulators quickly respond to the blasphemous reports, which naturally drives the share price of the attacked enterprise lower. The short-sellers walk away with pockets full of cash at the expense of the investing public and the elite benefit from manipulative market practices that ensure their enterprises are never threatened from below. The idea is that between control of money and control of business behavior, any non-controlled power centers can be snuffed out at will. The whole process is destructive, corrupt and intentional. Fraud with destructive intent, if you please.
Alternatively, the structure gives the power-elite tremendous control over entities that it chooses to encourage. Google and Facebook are both said to have been at least partially funded by American intelligence operations. (That's no secret, just go on online and look for yourself.) The idea is that such entities benefit inordinately by exposure to the power-elite nexus and are therefore bound by chains of gratitude and business rather than by regulation and monetary control.
What is interesting about all this is that the power elite feels the need to work in such a roundabout way. A thousand years ago, kings and queens equipped themselves with the requisite military power and declared their virtual Godhood. Whatever was to be controlled by these mortal divinities would occur because of divine right. There was no need for justification from a market standpoint. The Church itself would make the argument to the faithful and military force would deal with the rest. One can see the "progress." Today instead of the twin "convincers" of religion and force-of-arms, we have regulators and central bankers.
It does not amount to quite the same thing, though. The elite has felt, throughout the last several centuries the impetus to work circumspectly. This is because – as we often mention – the Gutenberg press changed the playing field about 500 years ago. The elite's command and control strategies shattered and were only reconfigured over time into something we call regulatory democracy. Thus, instead of exercising God's will, the elite are supposed to rule on behalf of the "people's" will.
This has certain problems though. Since the elite is not actually looking for guidance – merely justification – the elite needs constantly to work via subterfuge. This actually worked quite well for several hundred years but now the Internet has likely revealed this strategy. Democracy is indeed the "God that Failed" – and in turbulent times epiphanies having to do with the larger power structure are increasingly available not to the general mass of people (who don't matter) but to the animating intelligentsia (which does matter).
It is this unaffiliated intelligentsia, which is ALWAYS the target of any power elite. Those who have been co-opted are not a threat, but millions of wide-awake people who arrive at their understanding of manipulation and control later in life and begin to resent the lack of fairness and equity – these are a mortal danger, always, to the powers-that-be. In the era of the Internet, the elite is feeling most stressed, we would guess.
Thus cometh, once again, a form of Divinity. It is all too predictable. Mervyn King is looking for the pure of heart. He is looking for those willing to sacrifice a dramatic career (so the implication goes) for the steady remuneration of a few hundred thousand a year and a generous pension for life. Oh, the sacrifices! Well, we suppose nothing much changes, actually, as past priesthoods were probably fairly well compensated as well. It all has to do with what the state deems important. It will pay as much as it has to in order to implement dominant social themes.
Our point is this. Europe is something of a tinder box these days. The Greeks are rioting and the young Irish are emigrating. In America, the anti-establishment Tea Party is sweeping the nation and when one looks at the Internet comment sections of the mainstream media one is apt to be surprised by the vitriol, the nearly out-of-control hatred that many US citizens seem to spew toward both Congress and President Barack Obama.
The power elite had to know this day was coming. And our hypothesis is that they intended it – as the logic of central banking would predict an eventual crack-up boom. What the power elite did not anticipate was that the remedies that had worked so well in the 20th century would be entirely penetrated by this new electronic media. What was justifiable became questionable. And what was once beyond question became dubious indeed.
Still the power elite and its enablers sally forth. They bail out banks because they always have – unaware perhaps that by doing so in this day and age they are raising tremendous questions about money and its control. They regulate and re-regulate, unaware of the massive resentment that is aimed not only at the private sector these days but at regulators as well. They intend to play on popular resentments but do not understand that the resentment now extends to governance as well. The meme of regulatory democracy has become, you could say, a victim of the crack up boom.
It will not in our opinion benefit King to proclaim a combined regulatory and central banking Divinity. The conversation has moved past that. He may indulge in wishful thinking and rearrange the deck chairs on the Titanic, but the ship is still sinking. One cannot elaborate on a priesthood when faith is actively diminishing. The regulatory state has been the protectorate of the power elite for over 100 years. Is tolerance now lacking?
Conclusion: "God" may be dead, but we are not yet willing to say the same about regulatory democracy. On the other hand, it is not nearly so persuasive as it was in the 20th century. Much has changed. Dominant social themes are under attack. Yes, the power elite is a formidable invention. But perhaps they will have to take a step back as they did long ago. Divinity in certain eras is easier to proclaim than install and sustain.
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Posted by Dr. Fillsborough on 7/31/2010 6:07:15 AM
Your analysis as usual is spot on! Especially your portrayal of the illegal and destructive practices of those who feel they are endowed with a certain social responsibility to conduit "divinity" for us mortal beings.
Posted by Bill Ross on 7/31/2010 7:10:50 AM
DB: "Google and Facebook are both said to have been at least partially funded by American intelligence operations"
Why, cui bono, how?
If you want to control (anticipation of future required), you NEED accurate information regarding what people are thinking, who they are communicating with, what ideas are gaining traction... This is crucial to THEM (central control freaks) in our action precedes consequence reality. If they have knowledge of impending action, based on some group consensus converging, at a minimum, they can prepare to adapt to the consequences beforehand or, prepare an abortive counterattack or distraction (9/11, BP, economic collapse, new war...) to destabilize consensus and/or to force "we, the people" to adapt to a different set of circumstances, an intellectual reset on to a new path, start over again, be destabilized again once risk of consensus manifests, new distraction, ad infinitum...
Here's why it is so crucial for THEM to have ACCURATE, factual knowledge and, for "we the people" to be swilling intellectual lies and BS:
Note to Elites: I KNOW you have factions and are currently in a major civil war for "hearts and minds". I also KNOW that some of you are fighting on the side of freedom (else, matters would be far worse, THANKS). Due to economic predations I find myself in the embarrassing pecuniary situation of being unemployed. So, consider that you may be able to use my intellectual talents in the cause of freedom. I am not inexpensive, but do trade high value.
I should also point out that I am not willing to compromise my intellectual / moral integrity nor values as outlined in my writings.
Reply from the Daily Bell:
Sorry to hear it. Good luck.
Posted by Bill Ross on 7/31/2010 7:19:15 AM
... and my standard spied / proof that "regulation is futile" is again called for. This is what got me banned from commenting for life at the National Post, Canada's "bastion of free speech" newspaper...
Note that my comments are still up, but I am not allowed to make more. This tells me that editorially, NP on onside, but, those who coerce them are not.
Where to start refuting a near infinite artificial reality and dangerously false paradigm?
Start by realizing that any ORGANIZED opinion has a self-interest agenda, determined by what they believe is in their self-interest in their environment which determines the choice possibilities available. In other words, any organized viewpoint and most individual viewpoints are parochial, within a narrow paradigm.
What should be clear to all competent thinkers is: REAL massive organizational failure has occurred. REAL factors are driving REAL events. The laws of reality (action inevitably leads to consequence) are imposing attrition costs for FALSITY. We, the people have already paid a hefty price for this and, the cost IS increasing. Our children will be slaves to the debt we have bequeathed them. This is OK, by some perspectives.
The first thing to do is to KNOW that regulation is an attempt of central command and control. As such, accurate information and models of reality are required, else: garbage in, garbage out.
I posit that anticipation of the future even if we have correct behavioral models is IMPOSSIBLE due to information corruption as it traverses hierarchies and the fact that such information is used to the detriment of information providers, encouraging lying. Proof:
The best (assuming honest regulators) that regulation can do is, in response to known action (choice) sequences that result in crime, deem these sequences illegal. This, presumably will prevent problems that have happened in the past, from recurring.
But, it appears that regulators, enforcers and interpreters are coerced by the regulated (lobbyists, bribes).
Another problem is that, since we live in an action precedes consequence reality, regulation must, by definition be reactive.
The result is that we have a massively expensive war (paid for by business, taxpayers and consumers) between regulators and their lawyers and innovative criminals and their lawyers. When innovative criminals manage to create a new method of fraud, such as subprime, well, they can honestly say: we were obeying law, nya nya, cannot touch us. This is a very expensive moral hazard, an environment that appears to be designed (by the legal profession) to achieve these very results.
There is only one thing that can be done to restore an honest economy, given that the future cannot be predicted. Respond to crime after the fact (and compensate victims), using REAL, basic definitions of crime. Restore the "rule of law":
Else, the costs of predatory regulation (ballooning to infinity as it attempts to track and anticipate infinity) and criminals running amok will continue to collapse civilization.
We, the people KNOW we are prey. We are slowly achieving consensus regarding what to do about it.
Posted by Bill Ross on 7/31/2010 7:47:35 AM
DB: "Two Modern Divinities"
(and no more, else chaos / complexity upsets balance of power) are required to maintain the Hegelian dialectic, to keep us approximately balanced, counteracting (negating) each other, unaware of common interest. We focus on our side of the dialectic, attempting to convince the other of the error of their ways.
Meanwhile, while we focus on the dialectic, power has an unencumbered (unaccountable) playing field, outside of the dialectic and our awareness. This is pure divide and conquer in the intellectual realm. This is why freedom is losing. We are not paying attention to the larger picture and are myopically focused on our own parochial environments.
Posted by Peter Underwood on 7/31/2010 7:58:48 AM
It seems that this social theme is definitely under attack evidenced by:
Excerpt from Investors.com:
"Will Washington's Failures Lead To Second American Revolution?
By ERNEST S. CHRISTIAN AND GARY A ROBBINS
The Internet is a large-scale version of the "Committees of Correspondence" that led to the first American Revolution " and with Washington's failings now so obvious and awful, it may lead to another.
People are asking, "Is the government doing us more harm than good? Should we change what it does and the way it does it?"
Pruning the power of government begins with the imperial presidency."
Read on in the same article supporting DBs assertion that:
"...vitriol, the nearly out-of-control hatred that many US citizens seem to spew toward both Congress and President Barack Obama."
quote: "The Wall Street Journal's steadfast Dorothy Rabinowitz wrote that Barack Obama is "an alien in the White House."
Reply from the Daily Bell:
It seems obvious to us what is going on - and increasingly in Britain and Europe, too - but nonetheless it remains an area that often receives little comment.
Posted by Bill Ross on 7/31/2010 8:11:18 AM
Barack Obama (and all visible supposed power holders) are pawns, lightening rods to distract our attention to individuals and falsely conclude that placing different individuals in these positions should be our goal and will solve our problems.
The truth is: The problem is the SYSTEM, the artificially defined set of forceful coercions which forms our intellectual environment and distorts our perceptions and coerces the choices of ALL of us, to non-survival, Barack Obama included.
Our "masters" heeded Charles Darwin and Evolution. We did NOT.
Survival EQUALS ability to adapt to environment EQUALS ability to choose correctly EQUALS freedom:
Democracy and the political process WILL NOT SAVE US. Only adapting to reality and MAKING factually correct pro-survival CHOICES will.
Posted by Ichabod on 7/31/2010 8:58:49 AM
"God may be dead..." Really? Not in my worldview. But when Blankfein says he is "doing God's work" it's worth a fall on the floor belly laugh.
I heard that comment and its follow up. He was sitting on a stage with the CEOs of other banks opining on salaries and worthiness of bankers. He said some of his people who didn't make partner committed suicide. He followed that statement by remarking with a chuckle "A kind of natural culling of the herd." He thinks of himself as a god man and is a shining example of "Ye shall be as gods, determining good and evil for yourselves."
Even men in powerful and protected positions slip up and come out with a statement that clearly shows their worldview. This was one of those moments for Blankfein. The primary God I see Blankfein worshiping is more appropriately termed "mammon."
Authoritative "religions" are no different from governments or corporations structured along authoritarian lines. They are ruled by the few with rules for the many to follow and the few to ignore. In collectivist terms the Catholic church is collectivist styled and in the past countries where the Catholic religion was dominant the people lived under dictatorships.
In England the protestant catholic seesaw ruled history for a lengthy period. My own ancestors in Scotland should have been on the side of Cromwell but emotion and tradition ruled and covenant understanding lagged.
The role perception plays in all this is missing among many and even some bankster camp followers in the press. You can easily spot this by tracking the meme of "confidence" and lack therof as the reason we're still in trouble. If Americans just had more confidence in the Fed and its small stable of money banks everything would be hunky dory.
Sorry! Confidence is bolstered by truth and truth alone. Perception as a tool to support memes simply replaces truth with fiction. The problem for the elite is that more and more people know in their hearts that the collectivists reject truth in favor of specially massaged words to create a false perception.
The outcome? Hopefully and prayerfully November will shine like the sun in an developing age of darkness.
Posted by Terry Haney on 7/31/2010 9:21:56 AM
In his book Truth and Actuality, J. Krishnamurti said that "the truth is just the truth, Reality is your preception of the truth".
You must see the the falsehood of what the Elite has pushed with their agenda in order to get past the reality they want you to believe and find the real truth.
Posted by Peter Underwood on 7/31/2010 10:30:11 AM
@ Terry Haney
Just so..and leading on: Richard Bach in his book 'Illusions":
"Your only obligation in any lifetime is to be true to yourself. Being true to anyone else or anything else is not only impossible, but the mark of a false messiah"
Sort of caps the Elite's falsehood doesn't it?
Posted by Mark Medinnus on 7/31/2010 10:35:23 AM
"Our point is this....when one looks at the Internet comment sections of the mainstream media one is apt to be surprised by the vitriol, the nearly out-of-control hatred that many US citizens seem to spew toward both Congress and President Barack Obama."
Mea culpa. Thank you for clarifying the popular zeitgeist.
Posted by AmanfromMars on 7/31/2010 12:18:29 PM
"Meanwhile, while we focus on the dialectic, power has an unencumbered (unaccountable) playing field, outside of the dialectic and our awareness. This is pure divide and conquer in the intellectual realm. This is why freedom is losing. We are not paying attention to the larger picture and are myopically focused on our own parochial environments." ... Posted by Bill Ross on 7/31/2010 7:47:35 AM
Bill, Would you Care Dare Build a Colossal Picture for Big Picture Followers to Emulate and Support with Properly Prepared and Programmed Assets, which the Future Thoughtfully Provides with ITs Global Operating Devices ....... Feeding Spiders Phorming and Phishing Semantic Webs for Advanced and Artificial Intelligences for CyberIntelAIgent Security Duties/Tasks/Quests/AIMissions ....... for Not All are Helpless and Others would See a Third Party Option with CHAOS Leading and Sharing XSSXXXXAmples in Joint Applications/Special Access Programs.
And a bit of a Renegade Rogue can it be too. ....... which would make IT a Perfect Rascal :-) which might be validly considered a Post Modern Court Jester MetaDataMorph.
Posted by Rbs on 7/31/2010 12:48:36 PM
The Daily Bell and other sources have been producing so much information and data that I can hardly keep up with it. I need to get my head around all of this, so that I may reduce all of this data and come to some meaningful conclusions and suggest some plan of action, which will be necessarily nasty.
I can give a clue: There was a catholic priesthood that bled people both spiritually and materially. It was extremely active 600 years ago. However, Wycliffe and Hus started to break that choke hold. That led to the Reformation of 1517 and Menno's discovery of personal responsibility in 1521.
The immediate result was not pretty: 16th and 17th century "Germany" was especially nasty, yet the world now has enjoyed the results. The psychopathic community had to re-invent themselves as you described and we are suffering the results.
We must identify these people, understand what they do, and know where they are. It is not just a few rich people; they have the talent and capacity to play large theaters. There are plenty of psychopaths who operate in more intimate settings. Those who go along and get along are just as evil.
We need to deal with them appropriately.
Posted by Ed Waggoner Sr. on 7/31/2010 1:35:45 PM
Re: Ichabod
The construct of the "divine right of kings" is a purely Protestant idea not a Catholic idea.
Reply from the Daily Bell:
We have had this argument before. The divine right of kings - the idea that royalty is God-bestowed is a concept as old as leadership itself.
Posted by Bill Ross on 7/31/2010 1:54:58 PM
@Rbs
Thanks for the Menno reminder. It started with the scientific discovery that we live in an action precedes consequence reality. This makes physical action and consequence ONE immutable sequence. This led to the realization that all consequences (good or bad) belong to they who do the action, which led to understanding the concept of "personal responsibility".
This is the basic thing that out masters are attempting to do: decouple their actions from consequences for them, which they expect others to bear. In other words, they are attempting to undo the Reformation, Renaissence, scientific revolution and all human gains made as a consequence of studying reality. Our masters seek a new, unencumbered by reality existence, a mystical realm where they are god and any costs of this are borne by "we, the people". Of course, we will eventually shrug off these insane, psychopathic parasites, at a cost that is escalating daily.
Viktor Frankl:
"Freedom, however, is not the last word. Freedom is only part of the story and half of the truth. Freedom is but the negative aspect of the whole phenomenon whose positive aspect is responsibleness. In fact, freedom is in danger of degenerating into mere arbitrariness unless it is lived in terms of responsibleness."
Another way of restating: No one can give you freedom, you already have it (natural law). What they can give you is unaccountability (irresponsibility) or, freedom from facing the consequences of your actions, meaning that someone else must.
So, if you want to identify the psychopaths, look no further than those who claim unaccountability (to prey) and their sniveling, intellectually rationalizing minions.
Posted by Victor Barney on 7/31/2010 2:07:35 PM
It's a little beyond this: "Two Modern Divinities Better Than One:" Lucifer has but little time left! Less than 4 years? Watch!
Posted by Scott Spinucci on 7/31/2010 3:48:17 PM
Awesome. Thank you!
Posted by Noone on 7/31/2010 4:11:17 PM
"We are slowly achieving consensus regarding what to do about it."
Do Not Ever Get Into Debt to Anyone for Any Reason
Posted by Ingo Bischoff on 7/31/2010 4:57:30 PM
While the arrogance of the "elite" to know what is best for the rest of us mortals is attributable to human nature, it is the Natural Law on the other hand which proves them wrong every time.
The time span it takes for this proof to be conclusive becomes shorter and shorter as people have more and more unfettered access to information.
As long as the internet remains relatively free and available for access to information, the best laid plans of the elites are doomed to fail.
Posted by Terry Haney on 7/31/2010 8:01:48 PM
To: AmanfromMars
I am a fairly bright fellow, but once again your post is disjointed nonsense. It may make sense to you, but we have a lot of great grammar tools in the English language that makes use of nouns, pronouns, verbs, adjectives, adverbs and puntuation that if used in their proper order will assemble a coherent sentence. Give it a try. We will wait here.
Posted by Ian MacFarlane on 7/31/2010 8:34:45 PM
What is very difficult with following the thread of this train of thought is the use of what appears to be an acknowledged but unspoken secret code.
Who are the "elite"? Do 'they" have names? Over whom and how exactly do they exercise "control"? What is their end game?
If these questions seem simplistic, answer them simply.
Reply from the Daily Bell:
You can find some background via the SRO pages - links are provided in the articles.
Posted by Pat Fields on 7/31/2010 8:53:20 PM
How do I submit a small piece for consideration as a 'Guest Article"?
Posted by Edward Ulysses Cate on 7/31/2010 9:05:33 PM
For an idea of just how long folks have been fighting this battle, the following is the opening paragraph from the 1889 book "Great Red Dragon" subtitled "Foreign Money Power In The United States," the first section which is hosted on GreatRedDragon.com
"An Imperialism of Capital has grown up within the last two centuries from small beginnings, until it is now the mightiest power that has ever existed on earth. It is an Imperialism mightier than the empire of the Caesars, grander than the empire of Napoleon in the hour of his highest glory. In comparison with it, all other empires sink into comparative insignificance. This titanic power is the Imperialism of Capital, which I call, by way of distinction, the Money Power."
I'm not happy to be in the position of passing this on, as it is highly unprofitable, but then foot-soldiers rarely ever profit from battles against real enemies. Paul Volcker says "Gold is my enemy." He's right, because it's the laborer's friend. Owning one ounce of gold ($1200) today removes $120,000 of OUR enemy's play money from their fractional reserve system. It removes 44 ounces of play gold from their fractional gold markets. Silver ownership helps, too.
The fruits of our labor are being used against us, when we make bank deposits and buy financial instruments. It didn't have to be this way, but the financial sociopaths could find no better way to fleece the lambs, to pilfer and plunder our savings.
I'm not against using banks for transactional purposes. I'm just avoiding storing my real wealth in stocks, bonds, and other promises that gives these financial sociopaths access-to and use of MY wealth. (What little I actually have.) If 99% of good folks did that, the sociopathic 1% would soon dry up on the vine, and Thomas Jefferson's vision could happen:
"How soon the labor of men would make a paradise of the whole earth, were it not for mis-government, and a diversion of all his energies from their proper object -- the happiness of man -- to the selfish interest of kings, nobles, and priests."
Remember, labor plus raw materials creates wealth. This is NO other way, unless one steals some of it from others. Balzac said, "Behind every great fortune is a great crime." There is NO other way. That's what PhD economists DON'T want you to understand, else they'll be out of a job, too.
Posted by Encarta on 7/31/2010 10:23:59 PM
I THINK Bill ROSS was LOOKING for a JOB, but could not THINK STRAIGHT due to the SHOUTING. Should I have used exclamation MARKS? I heard the Ottawa Airport is looking for semaphore and ping pong operators. Sorry to hear about the National Post ban. They're stupid mainscream media anyway.
Posted by Ecarta on 7/31/2010 10:41:12 PM
Terry's all gold again tonight, it seems. I wood knot bee sew quickly too jugs Aman's writhing stile, ass he izod an oather weirld.
He is what we call a nounist, or a verbist. Some would say he tends to be a anacronist. His code is deep and indecipherable to even himself, if he does not have the dictionary at the forefront of his mind as he writes. Maybe he is not writing for your benefit, Yoda but for.
Posted by Finn on 7/31/2010 11:22:18 PM
Ecarta,
LOL!!! Hilarious.
Terry, after a post like that you reeeeeeaaaallllyyy should have yoused spell check. A read and re-read would have been appropriate.
So what were we after here again, oh yes, the elites.
Has anyone heard about the new Ron Paul bill? The SEC transparency act. It will probably fail of course but it will put in the spot light those who voted for it.
Next, CONgress will try and keep secret who votes on what!
Posted by EKIM on 7/31/2010 11:57:32 PM
"Mervyn King is looking for a new breed of regulators focused on public service and not huge banking-style pay packages when responsibility for financial regulation transfers from the Financial Services Authority (FSA) to the Bank of England in 2012."
Screw this " a new Breed" we had Regulators in the past what a joke the prisoners guarding the prison. So we get some more to regulate BS they get money stuffed into their pockets and look the other way. These banks deal with money and unless I can be prove otherwise Greed is still a factor.
Who owns the IMF? Trace it back to those truly the "Rich Power Elite" and I bet you will find all Banks through the IMF (International Monetary Fund, World Bank, and World Trade Organisation have a big hand in the distribution of the world's wealth) lead to Israel and the Jew, Could someone tell me I am incorrect here? But the IMF controls it all and they get their orders from someone from somewhere.
So great have them police themselves wonderful idea I don't care how they sugar coat it. actual decision-making occurs in the "green room" why is it the Green Room because it is the color of money and if you have ever done business with a true person of Jewish persuasion then you know that is why they sign with a Green inked pen. ''The IMF consists of a lot of Jews, and that's how Israel influences the IMF,'' Suharto said. Then, Suharto explained in a fatherly manner the real reasons behind the riots: ''This is the opposition creating chaos, together with foreign investors who want to take over our assets at deeply discounted prices.''
Jewish head of IMF proposes new 'global currency' " Dominique Strauss-Kahn, the head of the International Monetary Fund, suggested Friday the organization might one day be called on to provide countries with a global reserve currency that would serve as an alternative to the U.S. dollar. So in the next election the French can decide between two Jews: Strauss-Kahn or Sarkozy for President ! ............... Isn't that amazing? Imagine two French candidates for Presidency in Israel. And some people still doubt the fact that the world is run by Jews!
The International Monetary Fund -
Managing Director: Dominique Strauss-Kahn(Jewish)
First Deputy Managing Director: John Lipsky(Jewish)
*Jews comprise less than 1% of the population of the Western world*. So the probability that the heads of the World bank and the International Monetary Fund would both be Jewish is infinitesimally small. You must ask yourself how such an incredibly small and extremely unrepresentative minority ethnic group could control both of these important and influential international banking institutions?
I am not against the Jewish Race but I do not find it hard to believe that they rule the world of money and therefore the world. Ask yourself this do you believe all that is going on is by a PLAN? and what is that plan? A global reserve currency, ID chip implants, total tracking, I hate to say this but a NEW World Order (or new world control)? And if you think about it Israel has not only the USA but many other nations backing them and protecting them.
Why should this make us nervous? I see a Global depression / recession similar to the one we are that would lead to this kind of welcomed take over of everything. Total Socialism it will be total control and they own everything, you think it won't be widely accepted but it will, they will promise all a Home, A job, steady income, universal health care, New civil rights legislation, it will be very hard to resist basically everything Truman's Fair deal offered. Well Good Luck and pack your lunch, Which side will you be on, the Resistance or acceptance?
Posted by Gene Clark on 8/1/2010 12:56:43 AM
To expound on what EKIM has posted above, I suggest to those who wish to know more about the money elite, and their agenda should read "THE NEW BABYLON" by Michael Collins Piper, published by The American Free Press.
Posted by AmanfromMars on 8/1/2010 1:22:28 AM
"To radically shift regime behavior we must think clearly and boldly for if we have learned anything, it is that regimes do not want to be changed. We must think beyond those who have gone before us and discover technological changes that embolden us with ways to act in which our forebears could not." ..... Click to View Link *
There can be absoultely no doubt that emboldening and practically free and virtual technologies, which have the easy ability to change anything and everything, are already discovered and in fervent virulent use. The degree to which they are discovered, and the good and better Beta uses to which they would be put though, are limited by the lack of intelligence in those who would wish to wield them. Not all though in the Field lack all the necessary intelligence, for some are well enough gifted to be provided with every need and feeds, although one should not be a surprise to learn, that that number may be presently quite small. It is though, even now, an overwhelming force, which grows exponentially and it is this irregular and unconventional growth rate which allows and delivers the Shared Power of a SMARTer Few Rule and Reign Over the Many with Remote Virtual Controls in Advanced IntelAIgently Designed Systems for Global Operating Devices into InterNetional Post Modern TeleCommunications and CyberIntelAIgents.
I trust that is simple enough to understand, and doesn't appear to any/many to be disjointed nonsense. ....... "Posted by Terry Haney on 7/31/2010 8:01:48 PM
To: AmanfromMars
I am a fairly bright fellow, but once again your post is disjointed nonsense."
If one was to be unkind and arrogant and a prime fool, could one suggest that fairly bright is still just far too dull and nowhere near smart enough, Terry Haney, but that is hardly the case for you are posting here, and I thank you for your constructive commentary and have already incorporated all of the good points raised, which should help all parties in the future.
I would, however, just like to point out that anything completely new and foreign will be initially quite alien and more than a little difficult to fully understand, and that understanding may be further hindered by security considerations and wisely taken measures to provide stealthy security, should matters discussed openly and globally here on the Daily Bell [and elsewhere all over the World Wide Webs of Internets Working] be of failed Power Elite Structures and Memes, and which might be Extremely Sensitive and Explosive as IT Exposes their every Weakness and ZerodDay Vulnerability for Leadership to Catastrophic Collapse.
"His code is deep and indecipherable to even himself,...".... Posted by Ecarta on 7/31/2010 10:41:12 PM ...... Now that Ecarta is just plain silly and mischievous and disingenuous, for it is always easily deciphered, and even by others too, and it is always posted to be made freely available to view and comment upon in a very helpful Universal Peer Review on its Preview Beta Stages.
"The divine right of kings " the idea that royalty is God-bestowed is a concept as old as leadership itself. " .... Reply from the Daily Bell
And a concept invented by the Church God business because surely royalty is a role to be first party assumed, as to be third party bestowed is a purely political poisoning to target a covetted leadership? Sadly are most kings and queens, princes and princesses as puffed up minnows in a sea of poisonous snakes and killer sharks.
* Julian Assange
Posted by Ecarta on 8/1/2010 2:39:34 AM
Amen to that one. Got it! All I have to say is:
Frame Relay, DSL, asynchronous packets of JuicyFruit* gum, Bill True/false Gates, Binary, Hex, ASCII not what you can do for your country, butt wad your country can doo for ewe! Spirals of icky smoke going up into the Clouds of Cumulo Nimbus chemtrails.
See, I can write in code too. Hit me!
*Julian Lennon
Reply from the Daily Bell:
Man from Mars doesn't "get it."
Posted by Rowan Smith on 8/1/2010 3:30:00 AM
Einstein defined insanity as "continually doing the same thing and expecting a different result". Could he have been trying to warn Jews?
Reply from the Daily Bell:
No.
Posted by Ecarta on 8/1/2010 3:43:59 AM
No, he doesn't get it at all. By the way, you battered my "cod" and made it into "code". I had visions of a cod fight at the time. Code is OK, though.
I read a little about Julian Assuage (the Village of the Damned guy or girl), and have reached a conclusion about the 91,000 documents, 200,000, pages, 3.2 million words, 12.4 million characters, and finally, 3.95438 quadrillion true/false gates).
Here goes:
"They" want to implode/destroy local/regional/state government and make them managers for the sovereign "state" government, while making sovereign "state" government seem so corrupt that they need to clean house and put gray (librarian type) "yes" people in place, "managed" by the world government, who has every citizen of the world in humanitarian mind.
The benefit to all of us is that states will not be able to print money anymore, and all the printing will be done at the very top to keep us safe.
Reply from the Daily Bell:
So Assange is an anarchist who seeks world government? Wow.
Posted by Ecarta on 8/1/2010 4:19:04 AM
Effective "open-ended" reply to keep me a comin'.
No, Asaange is a stooge, like the best of 'em.
Since we are at the final (and beautiful) stage of human communication, everything you see is now bending in on itself. We now do not know know who the good guys are. This is throwing us into a new level of blogging (for good reason). The only way to tell if a blogger is OK, is to ascertain whether they have an axe to grind. That, my friend, is impossible for axe grinders to hide, as they have cold hearts.
Then we laugh together, because this is getting really funny!
Posted by AmanfromMars on 8/1/2010 4:48:14 AM
Now you're talking GBIrish, Ecarta. Bravo. And maybe even the Daily Bell is getting it too, which would be a pleasant change from all the very reasonable and safe pussy footing around on the fence that so many do do.
"Then we laugh together, because this is getting really funny!" ... Amen to that manic thought, in a world which is [now] virtually governed by forces you are blissfully unable to control but are aware of as a known known even should it be determined to remain relatively unknown, but widely known to a select few, and all of which makes perfect sense ..... "
Reports that say that something hasn't happened are always interesting to me, because as we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns " the ones we don't know we don't know." .....
At the moment I am entering into a place in cyberspace in which I want it to be clear that after reviewing the evidence available I have come to the quite reasonable assumption after reading this article (very good DB) that Wikileaks is being set up to be the THIRD divinity.
Let me put it like this,
Q. Why are they receiving so much publicity ?
A. Maybe it's got to do with the very cosy relationship they have with the certain parts of the MSM and INTELLIGENCE SERVICES.
Certainly there has been many other instances of explosively sensitive classified material being released (about 9/11 for instance) that died in the MSM due to non response or ridicule.
Different for J. Asange and Wikileaks.
Q. Why are they getting such classified material ?
A. Because it is supposed to reach them so that Wikileaks specifically, and the alternative press generally, can have the coalition's armed force's death's in Afghanistan blamed on them. Time to spin, spin, spin.
Q. Do I have an axe to grind with Julian Asange ?
A. Yes. I'm sick and tired of unusual looking, slightly aloof, possibly hiding a great deal of arrogance towards people in general, mysteriously appearing out of a prepared, equally mysterious, impossible to verify, background of a reluctant warrior, born of a chaotic upbringing, to be the darling of the Truth Movement while ridiculing and disparaging most of it's claims.
Q. What do you think Julian Asange and Wikileaks should do next in their collaborative effort with the PTB ?
A. They should expose themselves for being a new generation of Counter Intelligence operatives funded by the very agencies that are leaking to them.
I'm too old and been had too many times by elements of the so called 'Alternative Media'(way before the Internet) to fool myself that this guy is something that 'truth' shines out of.
I choose who and what I believe now and am immediately wary of actors/agents like Asange.
Motives are all important with this sort of information and analysis offered by Asange and Wikileaks, and motives are not always easily discernible in their fullness of operation and implications until the plan has already progressed so far as to be unstoppable.
I lived in 5 countries and went through 14 schools across 3 continents all before the tender age of 15 so I think I know what I'm looking at and reading about.
For those reasons I very much doubt he is on my side because I will never ask for money for what I do at this level.
Why ?
Because you're bought and paid for by the person(s)/entity who gave the money.
Already been there and left comment DB. A very perceptive article I believe.
Posted by AmanfromMars on 8/1/2010 9:37:34 AM
John,
Here's another old cynical shill/agent provocateur view on the current no eventful new news? .....
" A writes:
Wikileaks: what do you think about these people? Julian Assange? I'm curious to know your take.
Cryptome: It is a small publicity machine pretending to do battle with giant publicity machines to the mutual benefit of both. Same techniques for exaggerated dramatic appeal. Same willingness to harm while claiming to protect, deceive while claiming to be truthful, to reap personal reward while claiming to disinterested public service. Same infliction of damage to innocents while braying about shielding them. No escape from this con artistry, we are all complicit as protestors or as practitioners. Enjoy the show, get a piece of it, like me, like you."
No matter what you may say though, it is a great improvement on having an octopus taking centre stage in the World Cup, which probably tells you all you need to know about the state of the game in modern professional football.
Reply from the Daily Bell:
Thanks for the insightful and comprehensible cite. The question may be if Assange is bought-and-paid-for or if he is merely positioning WikiLeaks for maximum profitability in some sense ... If it is the latter, which we find hard to fathom, he is playing a most dangerous game. By claiming he has "blood on his hands" the powers that be begin to arrange a justification for a quid pro quo.
Posted by John Edwards on 8/1/2010 10:18:04 AM
Yes AmanfromMars, and I'm in no doubt that for many Wikileaks will remain a 'trusted' source of 'classified' leaks as the cynical amongst us just shake our heads and mutter.
People have been programmed for Hero's and/or anti-Hero's.
They can't help but keep looking for 'the' Messiah either in the mainstream arena or the alternative arena.
To me it's the same coin.
Until people realise that the only way they will EVER be free is to think for themselves and take responsibility for their actions and stop investing their hopes and dreams (made impossible by the system of Fiat-money created out of debt that the Central Banksters have saddled our economies with), in venal and corrupted leaders.
That's all of them.
I've seen how they operate.
This latest offer to inculcate a new layer of invisible, unaccountable, and unelected regulators into a system that is already an "octopus upon the face of humanity" Quote from Rolling Stone in reference to Goldman Sucks, makes me realise that distractions are going to have to be BIG to keep people from coming out on to the streets soon.
We've had enough.
Posted by Ecarta on 8/1/2010 11:30:40 AM
Thank you Aman for your perceptiveness. It is thong to trip on your flip-flops into Victor Blarney's pile of Jesus boots.
Thank you John Edwards for saying the same thing I said.
And finally:
Thanks, Mr Bell for allowing me the privilege to speak
or
Thanks, Mr Bell for hopefully helping to twist your value system into something different.
Posted by Peter on 8/1/2010 1:07:24 PM
Money in pure form as in Gold,of intrinsic value, requires no regulation to support value and economies that utilise such money are intrinsically stable because this money cannot be Transmuted,
When it is perceived necessary to control or legislate an economy via central banking through credit or fiat currency such control can only be fraud.
Posted by AmanfromMars on 8/2/2010 1:40:10 AM
"Thanks, Mr Bell for hopefully helping to twist your value system into something different." ..... Posted by Ecarta on 8/1/2010 11:30:40 AM
Accompany that with a dash of the undeniable and a splash of the intellectually mature, to be washed down with a far out tipple of the newly minted and sagely revolutionary, in order to clear the palate for the Servering of Master Piloted Dishes with savoury addictive main courses and sweet, sticky seductive desserts, and the third party twisting of first and second party credentials to make sense of and give live support to something different, irregular and unconventional, will be totally unnecessary in a SMART Underground Network into Powerful Absolute Control of Computerised Virtual Machinery and the Programmed Realities of their Present Existences/IT and Media Created Realities.
And if you deny any of that, you do both yourself and all others, a dis-servive and grave mischief, and would need to try harder to understand in order to readily accept and assist in the somewhat surreal, and most definitely virtual, nature of Reality and the Future Staged Realities which are being Created for you to Play in, as a Present Work in Progress Project.
"When it is perceived necessary to control or legislate an economy via central banking through credit or fiat currency such control can only be fraud." ..... Posted by Peter on 8/1/2010 1:07:24 PM.
Quite so, Peter, a despicable common criminal fraud, but only whenever it fails or is corrupted and perverted to server an incompetent and incompetent and idiotic myopic administrations. And that festering open wound of a systemic vulnerability is every minute and hour of every day, a ZerodDay Opportunity deserved of Full and Deep Packet Inspection and Pocket Exploitation. Then is the system fair game for collapsing and takeover and makeover with transfer of valuable and worthy assets to new fields of expert endeavour and shared excellence.
And you might like to imagine that that is where IT is at, in the World of Today. In such a David and Goliath battle, who would you be betting the house and casino on, along with your shirt?
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