The notion that a company or corporate executive
or wealthy entrepreneur is bound by an allegiance
to their country of origin is passé. The elite
capitalists of today are bound to one another,
not to countries. They meet at the same
conferences, like the World Economic Forum in
Davos, Switzerland, or the The Bilderberg Group
annual geopolitic forum, or in Asia it is the
Boao Forum on China’s Hainan Island each spring,
or the Aspen Institute’s Ideas Festival, or Herb
Allen’s Sun Valley gathering for media moguls, or
the Google Zeitgeist conference, all defining the
characteristics of today’s plutocrats; they are
forming a global community, and their ties to one
another are increasingly closer than their ties to the multitudes back home.
The Agents of Financial Calamity
The New Transnational Elite
by ROBERT HUNZIKER August 07, 2012
http://www.counterpunch.org/2012/08/07/the-new-transnational-elite/
http://www.bilderberg.org/phpBB2/viewtopic.php?t=6842
The world’s epicenter of capitalism is the United
States, and its reach/power/influence
circumnavigates the globe. The elites of the
capitalist class are no longer tied to
territoriality or driven by national competition.
“U.S. capitalism has expanded its reach by
morphing into a Transnational Capitalist Class.”
according to William Robinson (Univ. of Calif.)
Global Capitalism and 21st Century Fascism,
Aljazeera, May 2011. The driving force that binds
together this elite cadre is free market
capitalism; it is the heartbeat of a worldwide
network of capitalists that thrive off profits
and wealth creation. Their nonpareil world order
is driven by money which equates to success,
power, collegiality, and increasingly, as this
new world order coalesces into the most
formidable political entity in the history of
humankind, democratic nation-states lose the
legacy of the Age of Enlightenment, which played
such a major role in the French Revolution
(1789-99) and the American Revolution (1775-83),
contributing to the Declaration of Independence
(1776), and the U.S. Bill of Rights (1791)… stripping away national identities.
The notion that a company or corporate executive
or wealthy entrepreneur is bound by an allegiance
to their country of origin is passé. The elite
capitalists of today are bound to one another,
not to countries. They meet at the same
conferences, like the World Economic Forum in
Davos, Switzerland, or the The Bilderberg Group
annual geopolitic forum, or in Asia it is the
Boao Forum on China’s Hainan Island each spring,
or the Aspen Institute’s Ideas Festival, or Herb
Allen’s Sun Valley gathering for media moguls, or
the Google Zeitgeist conference, all defining the
characteristics of today’s plutocrats; they are
forming a global community, and their ties to one
another are increasingly closer than their ties to the multitudes back home.
They attend the same operas and polo matches,
stay at the same 5-star hotels, lease the same
private jets, dine at the same 5-star
restaurants, meet Bono, and ceaselessly travel
the globe together, with homes on every
continent, residing wherever the weather is
seasonally most favourable. Their allegiances
extend well beyond the borders of their
nation-states of origin, and they could care less
about the various underling classes of society in
any particular country where they do business.
This new global elite, according to Chrystia
Freeland (Global Editor at Large, Reuters, who
traveled with, and mingles with, the elites), The
Rise of the New Global Elite, Atlantic Magazine,
Jan./Feb. 2011: “Perhaps most noteworthy, they
are becoming a transglobal community of peers who
have more in common with one another than with
their countrymen back home. Whether they maintain
primary residences in New York or Hong Kong,
Moscow or Mumbai, today’s super-rich are
increasingly a nation unto themselves.”
This federation of convenience by the global
elite is a lingering problem for the lower
classes in America. The U.S.-based CEO of one of
the world’s largest hedge funds told Chrystia
Freeland that his firm’s investment committee
often discusses the question of who wins and who
loses in today’s economy. In a recent internal
debate, he said, one of his senior colleagues
argued that the hollowing-out of the American
middle class didn’t really matter. “His point was
that if the transformation of the world economy
lifts four people in China and India out of
poverty and into the middle class, and meanwhile
means one American drops out of the middle class,
that’s not such a bad trade.” Notice the CEO’s
reference to “not such a bad trade” as
representative of free market lingo, i.e.,
“trade.” Everything is measured in trade terms,
like statistics… if you look in the mirror,
you’ll see the reflection of a commodity.
This viewpoint is typical of how the global
ruling class thinks, and proof positive of it is
reflected in today’s politics in America. The
right wing embodies this same viewpoint by
striving to strip the federal government of
public welfare services, privatizing governmental
assets, and undercutting benefits to society at
large, especially via manipulation of the federal
tax code. This same occurrence is happening in
real time right now in Greece, Spain, and
Portugal as the cadre of elite technocrats out of
Brussels, de facto capital of the EU, dictate
nation-state policies to those three forlorn
countries. The world’s elites love hard
times/recessions because of the set up. It makes
it easier for them to strip away government
largess via austerity programs that they force
upon governments, and it allows for undercutting
the wages of average citizens as well as
dismantling of governmental regulations. This, in
turn, prompts protestors to congregate in the
streets of capital cities, but over time, the
capitalist class waits them out, temporarily
residing in one of their homes elsewhere, away
from danger, and with time on their side, the capitalists win.
Upon reading Chrystia Freeland’s article in
Atlantic Magazine, one comes away with the
impression the elite capitalists look down with
disdain upon the masses of people, expressing a
contempt for those in society who do not have the
personal merit to rise to the occasion of wealth
and power. Meritocracy is their biblical source,
not equality and fraternity. These are hackneyed
terms from ‘America of old’ and no longer
applicable in the new technologically enhanced
world, which itself is the major source of many of the new self-made wealthy.
This global ruling class controls the levers of
an emergent trans-national state apparatus of
global decision-making and orders emanate from
the IMF, World Bank, the EU, and the WTO. The
ruling bloc of this world order consists of
chieftains of global corporations and financial
conglomerates, major players in the dominant
political parties of the world, media conglomerates, and technocratic elites.
Several thousand people, who all play in the same
sandbox, control the world of finance and
politics, similar to the
faceless/nameless/shameless fictional elites in
the TV series The X-Files. In that series, the
‘Smoking Man’ is the only personality from
amongst the elite cadre that is recognized on an
on-going basis; he is C.G.B.Spender, the public
face of the “Syndicate,” which is a shadow
government and highly secretive organization. As
the Smoking Man says, “If people were to know of
the things that I know… it would all fall apart.”
Similarly, one wonders what those ‘things’ are in
today’s world, and there are definitely cracks in
the veneer of this new capitalistic world order.
For example, “Market capitalism has proven to be
a remarkable engine of wealth creation, but if it
continues to function in the next 25 years as it
has in the past 25, we are in for a violent ride
or, worse, a serious breakdown in the system
itself. That sounds dire, and it is,” Global
Capitalism at Risk. What are you Doing About
it? by Joseph L. Bower, Herman B. Leonard, and
Lynn S. Paine, Harvard Business Review, Sept.
2011. This article co-written by three professors
at Harvard University pinpoints a festering
problem that may be impossible to address
because, as the article goes on to relate: “The
leaders we talked to identified various forces
that could severely disrupt the global market
system in the decades ahead… these forces arise
from multiple sources. Some are fueled by
negative consequences of the market system and
feedback into it in disruptive ways. Others arise
from sources external to the system. Still others
relate to….” Frankly, the multiplicity of the
financial problem is the problem! The world of
finance is a mind-boggling complexity of
derivatives overlying derivatives superimposed
upon CMOs interlocking with CDSs and residing
within the depths of major brokerages and banks,
deep in their vaults for nobody to see in full
living color. The legendary investor Sir John
Templeton summed up the financial monster in two
words, writing a memorandum to close friends and
family before his death, as he anticipated the
future, “Financial Chaos.” World banking/finance
is a multi-headed hydra monster of global
proportions that may bring the world of
capitalism down to its knees, prompting police
state intervention to maintain social order. The
early stages of this phenomenon have already
appeared, and historians may one day earmark the
summer of 2007 as the start of the Age of Financial Calamity!
According to William Robinson: Transnational
capital has been able to break free of
nation-state constraints to shift the correlation
of class and social forces worldwide sharply in
its favour and to undercut the strength of
popular and working class movements around the
world. One new structural dimension of 21st
century global capitalism is a dramatic expansion
of the global superfluous population or that
portion marginalized and locked out of productive
participation … constituting some one-third of
humanity. The need to assure the social control
of this mass of humanity living in slums gives a
powerful impetus to neo-fascist projects and
facilitates the transition from social welfare to
social control, otherwise known as police states.
Over time, this system becomes ever more violent
and the ability of economic power to determine
electoral outcomes opens the door for 21st
century fascism to emerge without a rupture in
electoral cycles and/or a constitutional change.
The door for 21st century fascism has more than
opened. It has been blown off the hinges starting
with the U.S. Patriot Act, which act violates the
U.S. Constitution and which act was rammed down
the throats of the U.S. Congress, whose members
did not even read the document, by the Bush
Administration, implying that any members who
voted against the hurried-bill would be blamed
for any further attacks at a time when the nation
was braced for a second attack.
Another example of impending fascism occurred
when President Obama signed the National Defense
Authorization Act, which act negates the writ of
habeas corpus, the most powerful cornerstone of
civil rights since the Magna Carta. Subsequently,
May 2012, U.S. District Judge Katherine B.
Forrest overruled the domestic military detention
provisions of the act, an act that was roundly
supported by Democrats and Republicans.
This is a clear, and extremely troubling, clarion
call for how far legislators will go to strip
U.S. citizens of their rights. According to
Republican presidential candidate Ron Paul,
“American individual liberties are being stripped
away.” The elites contend the negation of
individual rights is foisted upon the government
in order to maintain civil order, and their
lackeys in Congress take bait with open-arms.
As transnational capitalism gains momentum, the
chieftains of major U.S. international
corporations feel less, and less, empathy towards
their homeland and more akin to a world-state
wherein the entire planet is their haunt. Their
quest for profits dictates a worldly view that
brushes aside nation-state regulations that
interfere with profits, and their disdain for the
peoples of any given nation-state leads to
statist political leanings, meaning a
concentration of economic controls and planning
in the hands of a centralized government for
control of individual nation-states whilst
worldwide trade is subjected to free market
capitalism. This course of action is already
evident in Europe where nation-states like
Portugal are being dictated to by a centralized
body of technocrats, the EU. Likewise, this is
happening in America where the Central Bank has
become dictator of the markets whilst the global
corporations on the Dow Jones Industrial Average
carry on in their own markets around the world,
splashing strong profits, in part, because of
neoliberal tendencies that discriminate between
which nation-states offer the cheapest labor and
the weakest regulations. The common denominator
of global corporations is cheap labor; they hover
like bees around the queen wherever cheap labor is to be found.
As a result of an assortment of extremely
powerful economic and political forces
intertwined within transnational capitalism, it
is reasonable to assume the various classes in
American society will continue to experience a
significant downgrade of lifestyle as the
transnational capitalists comb the world for the
cheapest labor and the loosest regulations.
In time, America itself will become a target for
transnational capitalists’ manufacturing plants &
facilities as American wages and benefits
continue to stagnate and as right-wingers attack
governmental regulations and privatize government assets.
Robert Hunziker earned an MA in economic history
at DePaul University. He lives in Los Angeles.1
--
+44 (0)7786 952037
http://groups.google.com/group/uk-911-truth
http://www.youtube.com/user/PublicEnquiry
http://groups.yahoo.com/group/Diggers350/
http://www.reinvestigate911.org/
http://www.thisweek.org.uk/
http://www.911forum.org.uk/
"Capitalism is institutionalised bribery."
_________________
www.abolishwar.org.uk
www.globalresearch.ca
www.public-interest.co.uk
www.radio4all.net/index.php/series/Bristol+Broadband+Co-operative
www.facebook.com/media/set/?set=a.1407615751783.2051663.1274106225&l=90330c0ba5&type=1
<http://utangente.free.fr/2003/media2003.pdf>http://utangente.free.fr/2003/media2003.pdf
"The maintenance of secrets acts like a psychic
poison which alienates the possessor from the community" Carl Jung
<https://217.72.179.7/members/www.bilderberg.org/phpBB2/>https://217.72.179.7/members/www.bilderberg.org/phpBB2/
Fear not therefore: for there is nothing covered
that shall not be revealed; and nothing hid that
shall not be made known. What I tell you in
darkness, that speak ye in the light and what ye
hear in the ear, that preach ye upon the housetops. Matthew 10:26-27
Die Pride and Envie; Flesh, take the poor's advice.
Covetousnesse be gon: Come, Truth and Love arise.
Patience take the Crown; throw Anger out of dores:
Cast out Hypocrisie and Lust, which follows whores:
Then England sit in rest; Thy sorrows will have end;
Thy Sons will live in peace, and each will be a friend.
http://tinyurl.com/6ct7zh6
--
Please consider seriously the reason why these elite institutions are not discussed in the mainstream press despite the immense financial and political power they wield?
There are sick and evil occultists running the Western World. They are power mad lunatics like something from a kids cartoon with their fingers on the nuclear button! Armageddon is closer than you thought. Only God can save our souls from their clutches, at least that's my considered opinion - Tony
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