Peter Fainton's blog

Gangsters, Banksters, And Parasites - New Labour - New Plutocracy

 

Looking Back on the Greatest Depression By Gerald Celente

Who's Behind The Financial Meltdown?

Yes, the banksters have stuffed all the upside profits into off-shore tax-havens, and campaign funds for their political puppets, who're now passing all the downside losses back to the taxpayer in the biggest theft of public money for private gain in history. 

And the media are selling the story as "too big to fail" and "saving the banking and financial sector". When really, its all about grabbing as much public money as you can and subjecting the population to debt peonage for a generation. 

Looting the taxpayer for private gain at the same time as starving the economy of credit to push people out of jobs and out of their homes. Then you can slash public-spending and increase taxes at the same time as buying up deflating assets with public money for pennies on the dollar. Then the MSM can lecture us all again about the wonders of the "free-market" and "entraupeneurs" as the next generation of parasites flaunt their 'bonuses' and 'golden-handshakes/parachutes/pensions". 

And to add further insult they even 'appoint' the unelected and odious dissembler, Peter Mandelson, to decide which businesses will be kept alive with public money and how many public-sector jobs to slash. Whilst at the same time casting themselves as 'saviours' of jobs having deregulated the banks so that they could loot everyone else and create a derivatives bubble-economy. 

NWO

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Gerald Celente on Wisconsin Public Radio on , April 27 2009

Another excellent interview with Gerald Celente - well worth listening to as he answers questions on Wisconsin Public Radio:

http://geraldcelentechannel.blogspot.com/2009/04/gerald-celente-on-wisconsin-public.html

Propaganda 101 - Swine Flu

Recently the media has been full of neoliberal bankers and their political front-men shamelessly looting the public for private gain. Another cracking article from professor Michael Hudson linked here, illustrates the point. Then the media rolls onto "swine flu" and it becomes the hot-topic of the day, the flavour of the week, the new number-one for attention and promotion. Like a lot of people I'm sceptical about this. Particularly when I reflect back to this UK government advice on psychological operations issued previously to military Staff Officers:

Section II - Creative Techniques

Preparation

35. There are four main principles to be observed in the preparation of any leaflet. It must be so designed as to gain the maximum attention. The propagandist must be satisfied that the leaflet will be accepted and understood by the audience and will convey his exact meaning. It must arouse or play upon an existing need in the audience (e.g, self-preservation), and finally, it must suggest a way of satisfying that need.

Of course, in this case the medium of propaganda was leaflets. But as this document indicates, radio and newspapers are also excellent. As is TV. Watching the BBC 'News' national and regional (I got a double dose of 'self-preservation') and also an extra helping with Channel 4 'News'. All were word perfect and strictly in accordance with the propaganda 'creative techniques' stipulated on p.13 of the manual. Even down to the farcical advice to 'wash-your-hands' and 'throw-away-used-tissues'. 

Still, if you're going to loot the public of billions for your bankster chums and financial supporters who buy political office for you, then as people lose jobs and homes as you continue to starve the economy of credit you'd better focus their minds on 'self-preservation', rather than your shameless theft.

Psyops for Staff Officers: http://www.psywar.org/psywar/reproductions/WO_PSYOPS_Guide.pdf

Gerald Celente on The Corbett Report from japan

from: http://geraldcelentechannel.blogspot.com

Dr. Michael Hudson on the financial crisis - Bloomberg Interview

Prof Michael Hudson talks about Icelandic debt (applies to UK)

UK Conservatives dismiss defence cuts report

LONDON, April 27 (Reuters) - Britain's opposition Conservatives dismissed a report they were considering cuts in defence spending to reduce the budget deficit if they win an election due by mid-2010.

The Times said Conservative finance spokesman George Osborne and his defence counterpart Liam Fox were in discussions about whether to include the A400M transport aircraft and the Future Strategic Tanker Aircraft programme in a package with potential savings of up to 3 billion pounds ($4.4 billion).

Fox denied the report.

"The Times' suggestions about defence cuts are totally unfounded," he said in a statement.

"There has been no meeting between myself and George Osborne to discuss defence cuts. We will conduct a strategic defence review on entering office and will base our procurement decisions on the outcome of the review," he added.

Britain and Germany have threatened to pull out of the Airbus A400M project because of their anger over delays in production. Britain ordered 25 of the troop transporters out of an initial 180 orders placed by seven nations.

The Tanker programme relates to a deal to supply mid-air refuelling aircraft, a contract awarded last year to a consortium led by Airbus parent EADS (EAD.PA).

The British government said last week the budget deficit this year would climb to 175 billion pounds, more than 12 percent of GDP. How to cut this figure will be a central issue in the election campaign.

Opinion polls show the Conservatives, out of power since 1997, on course for victory. (Editing by David Holmes)

http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSLR75245020090427

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However bad the economy gets - and it will continue to shrink with deflation in real estate - both Labour and Conservatives will not take the axe to military spending plans. The huge waste of public money, estimated at around £100 billion for Trident whole life costs, and other huge sums of military spending will be protected as welfare, social-services, health-services, and public-service pension obligations are slashed.  

They may want to drive ordinary people into poverty bailing out their financial supporters in the banking sector, but military spending to advance resource-wars and their imperialist agenda will be ring-fenced. It's likely that taxes will need to be increased as more people lose jobs and homes waiting for the 'green shoots' of recovery. A recovery that is dependent on restructuring the economy away from dependence on the financial sector and into knowledge-based high-tech engineering. A project that is likely to take a generation.