Archive for economy

Prospects for America: Sanders vs Civil War

Posted in Uncategorized with tags , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , on February 15, 2016 by jtoddring

(And that is not a threat, of course, but a prediction)

An analysis of the present state and future prospects of the nation

~

An open letter in response to Daily Kos,

and to anyone concerned with either justice, or peace

The article I recently wrote and published on Daily Kos, Prognosis for America: Sanders or Civil War, (January 26, 2016) seemed to cause quite a stir, and quite a backlash. I will repeat again, to clarify, that I merely made a prediction, based on sound evidence, and what are, to me, obvious and undeniable facts.

What I said was that the US now has such extreme and growing levels of inequality and internal divisions, that tensions are high and mounting, and that if real positive social change is not soon forthcoming, the country is at serious risk of descending into a nightmare of civil war.

This may be shocking to some, but anyone who is paying attention to what is going on should not be shocked in the least. These things should be obvious. Even members of the corporate elite are warning of it. They too are afraid that the country could explode into civil war.

And they should be afraid. Civil war is a horror which any sane person should wish to avoid. But it is heading for the US, I believe, if real change continues to be blocked, and long-standing and legitimate grievances among the people are not addressed.

I clearly did not, and do not advocate civil war, but urged that it be recognized as a serious risk, and that it be averted. I clearly did not say that either Bernie Sanders or his supporters are going to launch a civil war – something that should not need be said.

What I said was that the popular movement that is now coalescing around Bernie Sanders’ Presidential candidacy represents the only serious hope for real social change on the present horizon, and if that route to change is blocked, or does not bear fruit, then the country could be in real danger, due to its own unaddressed and growing internal tensions.

To repeat, I believe the tensions within the United States have reached such a high degree, that only three options present themselves.

One is revolution – and I am speaking here of the kind of revolution that Gandhi or Martin Luther King Jr. would launch or advocate: bold, passionate, determined, but strictly non-violent. That is the most intelligent option for the American people at present, I would say, given the circumstances, and given the fact that the corporate elite and the billionaire class of de facto oligarchs have taken over the political process, the government, the economy, most of the media, and the nation in general.

That is the response which I have been passionately urging for a long time now. But, unfortunately, I do not see evidence to believe that the American people are ready for it yet. So that option, at the present moment, appears to be closed. Things could change quickly, but for the time being, I do not think that revolution, at least in the near term, is something we should count on.

The second option is reform. And by reform, I do not mean pretty speeches that lead to no real change. Nor do I mean merely changing the window dressings. I mean real social change that comes about by political, economic and social reforms, such as bringing about serious election financing laws, invoking serious anti-trust legislation to break up the big banks and other corporate cartels and oligopolies, removing big money from politics, and returning power to the people, and thereby, at the same time, restoring some greater degree of equality and justice in the land.

There are many people, many movements, and many organizations working to accomplish such goals, but again, at present, the only serious hope for accomplishing such mild, moderate, but extremely important and urgently needed reforms in the short term, in any way that is at all commensurate with the scale of changes needed, is with the movement surrounding Bernie Sanders.

Hillary Clinton is not going to do these things. That is perfectly clear, or at least it should be. Hillary is owned by Wall Street, to put it frankly and most bluntly. And nor do I see any other person or any other movement that at present has enough popular backing and popular power to have any hope, at least in the near term, of accomplishing these goals, other than the movement surrounding Bernie Sanders.

I do think the Green Party and also the Occupy movement, along with the co-op movement, the re-localization movement, and other popular movements for social change, show great promise; but they still do not have the necessary support of a wide enough or impassioned enough popular backing to create the necessary changes of the necessary magnitude – not yet. Maybe they will soon, and I hope they do, but at present, Bernie Sanders and the movement that is building around his leadership, is our best, and probably only hope, for real, substantial change in the short term.

The third option for the United States is to continue on its present course, without revolution, and without any serious reform, or any real change. That option will, I guarantee you, lead to disaster.

So yes, I stand by my premise and my prediction, which is, that if serious change does not occur very soon in the US, either by revolution or by reform – and Bernie Sanders’ campaign and the popular movement surrounding it, being the only real hope for serious reform at present – then the US faces a very real and growing risk of descending, or even exploding, into civil war.

*

Sometimes uncomfortable truths must be spoken. Sometimes controversial statements must be made. In 2001, it was controversial to say that invading, bombing or otherwise attacking Afghanistan or Iraq, would be morally unconscionable, a violation of international law, a war crime, and furthermore, a disaster. But these were the facts of the matter, and they had to be said, whether or not the speaking of the truth made a great many people uncomfortable. And of course, it turned out that the wars in Afghanistan and Iraq were all of these things, and they were a disaster in moral, fiscal and human terms.

When Henry David Thoreau wrote his landmark essay, On Civil Disobedience, in the 1830’s, it was controversial to say that slavery was an abomination, and one which must be abolished. But these controversial statements, of course, had to be made, whether they were viewed by some as controversial or not.

And and ever since that short, great essay of truly monumental import and significance, and still to this day, it has been and continues to be controversial to say that there are times when the law must be broken and civil disobedience becomes a moral obligation, because both the law as well as the norm, are in not only in the wrong, but further, it is unconscionable to obey them. And yet, it is vitally necessary that we speak such controversial thoughts, and demand that laws and norms which are unethical in the extreme be disobeyed, and civil disobedience be undertaken as a matter of moral principle.

During the Suffragette Movement, it was controversial to say that women deserved the right to vote. But it had to be said, and today most people would agree that it had to be said, and said with passion, until the message was heard and acted upon.

During the Civil Rights Movement, especially at the early stages of it, it was controversial to say that racial segregation was morally repugnant, as well as socially divisive and destabilizing, and therefore had to be overturned and abolished. But these things had to be said in any case – even if they were controversial, and even if there was a violent backlash against such statements of simple truth.

From the birth of the environmental movement, in the 1950’s and ’60’s, until the present, and especially in the early stages of the movement, it was controversial, and to many people it remains controversial, to say that human beings are affecting the earth, and all life on it, in disastrous as well as highly unethical ways. And yet, these truths needed to be spoken, and still need to be spoken today, be they controversial or not.

The movement to end racial discrimination and racially-based police violence – a movement which has long and deep roots, but which is now coming to a greater prominence – has extremely important things to say, but much of what it has to say is viewed as controversial by many people. And yet, these things must simply be said, whether or not they make some people uncomfortable.

And in the present moment, the same is true with regards to my warning that the US is in serious danger of descending into civil war. It makes people uncomfortable to say such things. It is controversial, perhaps, to some minds at least, to say such things. But it is an uncomfortable truth which must be spoken nevertheless.

Believe me, a warning is much less discomforting than a full-scale disaster – and that is what we are facing, hurtling towards us at 100 miles an hour, if we do not make major changes, and now.

“… an open society may also be threatened. … from excessive individualism.

Too much competition and too little cooperation can cause intolerable inequities and instability. …

The present situation is comparable to that at the turn of the past century. …Yet the free-market regime that prevailed a hundred years ago was destroyed by the First World War. …

How much more likely the present regime is to break down unless we learn from experience!”

– Toward a Global Open Society, by George Soros

Atlantic Monthly, January 1998

As the Dalai Lama said, “If the poor become too envious and too frustrated, the frustration turns into anger, and that anger turns into violence.” Again, this should be obvious to all. We are headed for disaster if we do not address the rising levels of poverty and inequality in our society, and in the world more broadly, and very, very soon. These are the simple facts of the matter, whether we like it or not.

*

I like what my favourite monk had to say about writing, and it is relevant here.

“If you’re afraid of writing something that might offend someone,

why write anything at all?”

– Thomas Merton

And by the way, simply because someone says something that is controversial, does not mean they are “trolling” for a fight. They may be simply saying something that is controversial, but which needs to be said.

I despise bickering, quarrelling, rancour, and especially, thoughtless divisiveness – which the popular internet expression, “troll” represents: a term that is often justly used, but at other times, frequently thrown about in a thoughtless or reactionary manner, in which case it has the effect, either intended or unintended, of deterring and thwarting any serious discussion, or expression controversial statements or views diverge from the standard media-driven narrative.

It was not “trolling” for a fight to simply speak my mind, but merely a moral obligation, to me, in the face of such extreme injustice, human suffering, and great dangers facing the people. Smarmy and smug, sardonic comments are not helpful to our discussion, nor to the people of the United States or the world. Hurling accusations of “troll”, at least in this case, simply shows that the attacker has no intelligent argument to bring to bear, but must instead resort to hurling insults. Let us try to rise above that.

If we want to look at controversial statements that could be labelled as “trolling” – and mislabelled as trolling, since they were simply sincere statements, representing an attempt to spark thoughtful reflection and discussion, here are a few by some truly great Americans which we would do well to consider. Compared to these statements, the statements I made in the above essay were very mild indeed.

“The First Law of Journalism: to confirm existing prejudice, rather than contradict it.”

– Alexander Cockburn

“I sometimes despair of getting anything accomplished by the help of my fellow men. Their minds would first have to be placed in a kind of powerful vice, to squeeze their old ideas out of them.”

– Henry David Thoreau

“If the Nuremberg laws were applied today, every US president since WWII would be hanged.”

– Noam Chomsky

“Today capitalism has outlived its usefulness. It has brought about a system that

takes necessities from the masses to give luxuries to the classes.”

– Martin Luther King Jr.

Behind the ostensible government sits enthroned an invisible government

owing no allegiance and acknowledging no responsibility to the people.”

– Teddy Roosevelt

“I hope we shall crush the new moneyed aristocracy in its infancy, for it already bids defiance to our laws, and bids a contest of strength with our democratic government.”

– Thomas Jefferson, 1812 (Note that he said this in 1812!)

Let us try to keep things in perspective. Not everything can be sugar coated, dumbed down, skirted or perennially avoided. Sometimes we have to speak the frank and honest truth, even if it is painful to hear, or to say.

Nor do I find my predictions for, or analysis of, the United States, to be hyperbole of any sort. I think it is quite shocking – or it would be shocking, if I did not know that many people are deeply steeped in denial – that the statements I made would shock anyone. Have a great number of people been living under a rock for the past three decades? Apparently so. The United States is not what it used to be, and it is in great danger – from its own internal divisions, above all, as well as from the corporate elite who are rapidly devouring it, along with the world, the middle class and the poor.

If stating obvious truths, or simply making controversial statements, makes some people uncomfortable, and perhaps very upset, I am willing to live with that. That goes with the territory.

But if stating obvious truths, or even simply making controversial statements, gets me banned from Daily Kos, then this journal, this forum, has some serious problems with freedom of speech and openness to diverse and thoughtful discussion – and that is quite dismal.

I suspect that the problem here, with regard to Daily Kos banning me on my first day as a member – maybe a new record – was simple partisan politics: Daily Kos is by an large a dyed in the wool and staunch supporter of the Democratic Party establishment, from what I can see, although there is some dissent within the broader forum. Hillary is the anointed candidate of the Democratic Party establishment. Any serious challenge to the Democratic Party’s chosen candidate by more genuinely democratic political movements or voices, are frowned upon, at the least, and possibly even banished from Daily Kos, as has apparently happened before. But that is beside the point. The editorial actions of Daily Kos remain a gross violation of the principles of free speech and free and open debate, and as such, are repugnant, no matter what the motivation or rationalization may have been.

In fact, if the editors at Daily Kos are going to ban me from this forum, which they did, and they have yet to rescind or reverse their decision, then not only do they have serious failings with regards to free and open discussion, and basic freedom of speech, but they do not qualify for the term “progressive”, much less the high and vaulted self-annointment of presenting themselves as the leading voice of progressive America.

But we are facing much bigger and far more important issues than the editorial policies or current state of Daily Kos, of course.

*

During the Great Depression, FDR, who I believe was a man of conscience, came to realize that there was not only a moral crisis facing the United States, but also a social and political crisis. It was realized then by the ruling elite, that tensions were high, and if serious changes were not made to address the people’s legitimate concerns, then there was a serious risk of revolution.

The political elite, and at least a portion of the business elite, knew that concessions had to be made. Smedley Butler had blown the lid off of The Business Plot, so the corporate-led fascist coup which was planned, and which Congress documented after General Butler’s testimony, seemed to no longer be an option, at least for the moment; and so, concessions were viewed as necessary and unavoidable.

(See my essay, Smedley Butler and the Business Plot, on WordPress.)

That was the beginning of The New Deal, and the beginning of major programs and initiatives to address poverty and inequality in America. And today, once again – after four decades of rising corporate powers, not only effectively having taken over the political process, government, finance and the economy, but also, rolling back many of the gains that had been made by the people over the past several decades and more – poverty is high and growing, inequality is higher than at any time in history, tensions are high, and if serious political, economic and social change is not made soon, the results are very likely to be a conflagration of one kind or another.

Again, I think these things should, by now, to obvious to just about everyone. The Occupy Wall Street movement was just the beginning. Real change is coming, and as John F. Kennedy said, “Those who make peaceful revolution impossible will make violent revolution inevitable.”

And that is not a threat. It is a prediction, and it is a virtual certainty – if we fail to make the needed changes in time. Neither JFK nor myself were making a threat: it was simply an observation of the obvious facts, and a very sound and reasonable prediction based on the facts.

I have written about these things before, and extensively, and my writing and analysis is based upon thirty years of intensive research, study and reflection. (And I will freely mention my other writing here, and quite legitimately, because it is relevant to the subject at hand, above all; and because it has merit, because it should be widely read, and because I do not have a PR or marketing firm working on my behalf, or even an agent, and so, must, by necessity, promote my work myself, if it is to have the kind of positive impact I hope for it, or any impact at all.) My recent essay, Pre-Revolutionary France and America:1785 and Now; and my recent book, Enlightened Democracy: Visions For A New Millennium, cover the subject in greater depth.

Remember also, that I predicted the economic crash of 2008, at a time when virtually everyone was saying that things are just rosy, and would remain so for the foreseeable future. There is good reason, therefore, to take these present predictions as to the current dangers facing the United States, quite seriously, and with all due thoughtfulness.

We should note also, that people as diverse as billionaire financier George Soros, who single-handedly brought the British Pound to its knees, before finishing his breakfast one fine morning; along with South African tycoon Johann Rupert, the fifth richest man in Africa; and multi-billionaire Nick Hanauer, who recently penned an open letter addressed, “To My Fellow Zillionaires”, warning, The Pitchforks ARE Coming…For Us Plutocrats; to David Sirota, the progressive democrat, veteran journalist and activist, and author of the book, The Uprising: An Unauthorized Tour of the Populist Revolt Scaring Wall Street and Washington; to Jacques Attali, leading intellectual in residence to the French elite, and author of the book, Millennium: Winners and Losers in the Coming World Order, among many others, have all warned essentially of the same thing: a great confrontation and great turmoil is brewing in America, if not also the world, and it is plain to see for anyone who cares to look. To me it has been so plainly obvious for so long, that, again, it is almost shocking that some still cannot see it. The writing is clearly on the wall.

Peaceful change through political, economic and social reforms is urgently needed, and world-wide, or we will face a crisis of truly terrible proportions – and the US is in the lead in terms of rushing headlong into disaster, if these changes are not made quickly, and now. This should be so plain as to go without saying. It is a testimony to the fact that large segments of the population remain asleep, or stubbornly and foolishly in denial, that such things need to be stated at all.

Let’s hope serious positive change comes to the United States, or rather, is actively brought about in the United States, and soon, is all I can say. People can take these warnings, and heed them, or brush them aside. But if they choose to ignore them, I assure you, it will be at their peril.

*

As Martin Luther King Jr. said, at another time of rising crisis, “We must face the fierce urgency of now…..There is such a thing as being too late.”

Two hundred years ago, the business elite backed the democratic revolutions of France and America, because they rightly saw it as a means to break the back of the ruling monarchy and aristocracy. But ever since, they have been, at best, ambivalent about democracy, and have sought an undeclared oligarchy, with themselves as the new ruling god-kings, pharaohs or tsars. (Chomsky documents this very well, in what is perhaps his most important book, Necessary Illusions: Thought Control In Democratic Societies – a book should be considered essential reading for every informed person.)

And today, after two hundred years of exponentially rising powers, the business elite is not only the principle obstacle to real and authentic democracy, and rule of the people, by the people, for the people; but they are, in fact, engaged in an aggressive and determined war against democracy, as with the people and the earth.

The business elite, who are now firmly in control, both in the United States and in most nations around the world, foolishly believe that they can have a grand global showdown against the people, and win. I would remind them that any such foolish notions and foolish responses to a very real and growing social crisis, will not end in peace, and nor will they end quickly. Such an attitude will result only in a long and protracted state of civil war, in which the toll on all sides is truly horrific, and devastating.

The stubborn, and quite foolishly smug refusal among the business and political elite to embrace change, must be overcome. And even more importantly, the excessive docility and obedience of the majority of the people, and their continued insistence on voting for the candidates of the business elite, such as Hillary Clinton, must be overcome.

I realize that there are some very thoughtful critics of Bernie Sanders’ policy platform, and I also realize that his proposed policy changes are not thorough enough or radical enough for some people. But I will say again, that Bernie Sanders’ presidential candidacy, and more essentially, the popular movement for social change that is coalescing around it, is the best hope we have for real, substantive change at this time. And at least at this time, I think it is probably true: we have a choice between a Sanders’ presidency, or civil war for America.

Let the voters decide. But let us realize, the hour is very late, and change is needed urgently, and now.

In hope and in peace,

J. Todd Ring

February 10, 2016

 

Further reading:

“The pitchforks ARE coming” – A billionaire warns his fellow Oligarchs what is coming down the pipe

By MinistryOfTruth – Daily Kos, Friday Jun 27, 2014

“The pitchforks are coming . . . for us Plutocrats” – Nick Hanauer, Politico Magazine, 6/26/2014

Luxury Goods CEO Billionaire Warns Of Imminent Violent Uprising Of The Poor

By Joe Clark, July 15, 2015, Liberal America

http://www.liberalamerica.org/2015/07/15/billionaire-ceo-warns-of-imminent-violent-uprising-of-the-poor/

Millennium: Winners and Losers in the Coming World – August 20, 1991
by Jacques Attali

http://www.amazon.com/Millennium-Winners-Losers-Coming-World/dp/0812919130/ref=sr_1_2?s=books&ie=UTF8&qid=1455111111&sr=1-2&keywords=Jacques+Attali+millennium

 

The Uprising: An Unauthorized Tour of the Populist Revolt Scaring Wall Street and Washington,

by David Sirota, 2008

http://www.amazon.com/The-Uprising-Unauthorized-Populist-Washington/dp/B006Z39Q4W

 

Six Responses To Bernie Sanders Sceptics – An excellent, short, three minute video by Robert Reich

http://www.collective-evolution.com/2016/02/08/6-responses-to-bernie-sanders-skeptics/

 

Economic Inequality: It’s Far Worse Than You Think,

Scientific American,

By Nicholas Fitz, March 31, 2015

http://www.scientificamerican.com/article/economic-inequality-it-s-far-worse-than-you-think/

 

Davos’ Blind Eye: How the Rich Eat the Poor and the World

https://canadiandimension.com/articles/view/the-davos-blind-eye-how-the-rich-eat-the-poor-and-the-world

 

 

 

CBS South Carolina Poll: 100% of 18-29 year-olds think Bernie is honest and trustworthy,

Daily Kos, February 14, 2016

http://www.dailykos.com/story/2016/2/14/1485191/-CBS-South-Carolina-poll-100-of-18-29-year-olds-think-Bernie-is-honest-and-trustworthy-Nice

 

Enlightened Democracy: Visions For A New Millennium: Volume One: Introductory Essays in Political-Economy, Social Analysis & The State of the World

By J. Todd Ring

http://www.amazon.com/Enlightened-Democracy-Millennium-Introductory-Political-Economy/dp/1481074776/ref=sr_1_1?s=books&ie=UTF8&qid=1455111715&sr=1-1&keywords=ring+enlightened+democracy

Revolution and Uniting the People: Bernie Sanders, Thomas Jefferson and FDR

Posted in Uncategorized with tags , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , on January 12, 2016 by jtoddring

 
I would say that Bernie Sanders is not only a good candidate for US President, and beyond that, the only serious candidate for the people, since he is the only one who is not thoroughly indebted to the Wall Street money masters, owned by Wall Street, and in service to Wall Street; but he would be the best US president since FDR, and arguably, since Thomas Jefferson.
 
Of course, it is Congress which holds the greater power, and not the President, but having a true populist progressive in the White House would be an enormous stride in the right direction – especially when it is one who is so passionately and fiercely determined to reign in Wall Street and get big money out of politics.
 
I realize that conservatives tend to despise FDR, or at least despise his policies, but they should remember that it was FDR’s policies which got the US out of the Depression, put millions of Americans back to work, and, along with the labour movement, helped to create the middle class – which is now being systematically eliminated by the neoliberal/neo-fascist/globalization policies of the super-rich billionaire class of business elites, the very people that both FDR and Bernie Sanders so fiercely oppose.
 
(And no, war did not end the Great Depression, as some people imagine. The policies of FDR, and his very real stimulus package, which built or re-built the US infrastructure and put millions of people back to work (unlike the current neoliberal “stimulus” packages which rob billions and trillions of dollars from the treasury and the people and give it to the super-rich banking elite) is what began the long road to US and global economic recovery. Once the economic recovery was underway, WWII began, and the US prospered from it – mainly for three reasons: one, the US did not suffer the disastrous effects of waging a war on its own soil, as the European powers did; two, after the war, the US emerged as the world’s “first truly global super-power” and globally dominant power, precisely because war had left the great powers of Europe in ruins; and three, because US business elites profited handsomely by trading with the enemy, (that includes George Bush’s grand-daddy, Prescott Bush) and by selling to both sides – for example, IBM providing the office machines and data management for the extermination camps and gas chambers. War is disastrous to economies invariably, except for these very unusual conditions, and in any event, the economic recovery was well under way before the war even began.)
 
More to the point, the majority of Americans, well over 70%, are not conservatives, but center-left in their views, as poll after poll has shown for decades – so if Bernie Sanders does become the next President of the United States, conservatives will simply have to – pardon my expression – suck it up.
 
But it is also a fact that many sensible conservatives, and even many sensible Republicans – and yes, there is such an animal, believe it or not – support Bernie Sanders, or at least respect and admire him for his integrity, and his honesty and courage. They may not like all of his policies, but they realize that he is the best choice available at this time, and the only candidate who is willing to stand up to the greatest threat facing the country and the world – Wall Street and the international corporate elite. The more sensible also recognize that the Republican candidates, along with Hilary, represent the interests of the same crypto-fascist (and more and more brazenly fascist) corporate oligarchs and plutocrats. In short, Bernie is not only the best the people have at this time – he is all the people have at this time, at least in terms of presidential candidates.
 
“Before you Republicans and Hillary supporters say anything about Bernie, let’s look at his history. He was the only one in Senate to stand up for gay soldiers in 1995. He actively participated in the Civil Rights Movement along with Martin Luther King Jr. He voted against the Iraq War. (Which Hillary still considers a “mistake”.) He practically predicted the Wall Street Crash of 2008.He has been consistent with his political views for the past 30 years [and] ever since he joined the senate. He is the longest serving independent in Senate history. He believes climate change is the most threatening problem we have today. He has over a million individual donations from actual people donating whatever they can to support the campaign without any Super PACs. (Rest of the candidates would be struggling to equal Bernie’s collections without SuperPac money.) I just have to say Bernie is the real deal. Believe it or not.” – Arnav Garg
 
Actually, it’s 2.5 million individual donations now, which Bernie has raised, averaging less than $30. (And Bernie is setting all new records for the fastest rate of raising individual donations in US history.) All the other candidates are deeply indebted to Wall Street, and in service to Wall Street. Bernie is the only serious candidate for the people. Period.
 
‪#‎FeelTheBern‬
What is more, now that Bernie Sanders has begun to unite progressives, liberals, the left, environmentalists, labour, large segments of the black community, including, most notably, leading black American scholar and activist Cornel West, along with many sensible conservatives – due to his fierce opposition to Wall Street, big money in politics, and the increasingly fascist police state which Bush and Obama have created – Bernie stands a serious chance, not only of winning the next US presidential election, but winning by a landslide – as he should.
This is enormously significant: Robert F. Kennedy, leading black American activist and scholar Cornel West, and now, the major US progressive organization, Move On, amongst many others, including diverse figures ranging from actor John Cusack, UFC fighter Ronda Rousey, to the Red Hot Chili Peppers, have come forward to endorse US President – oops – US Presidential candidate, Senator Bernie Sanders.This could be the straw the breaks the back of the ruling political elites and their Wall Street masters, and puts a true progressive populist democrat into the White House. Let us pray we are so lucky – or so determined.
 
“MoveOn has spent more than 17 years bringing people together to fight for progressive change and stand up against big money interests. MoveOn’s fight to give the American people a voice in our political system was reflected in the group’s internal democratic process. I’m humbled by their support and welcome MoveOn’s members to the political revolution.”
– Bernie Sanders, As reported by Fortune Magazine
(I would like to see Bernie seek out and receive the support of Ron Paul, by the way: the maverick, anti-establishment conservative Senator who consistently fought for the people, and against the same crypto-fascist, pro-war, neo-feudal big money interests which Bernie so strongly opposes – a person who has tremendous integrity, and who also has tremendous support among conservatives and many thoughtful people on the grassroots right. This, Sanders should do, and do immediately, and this support he should gain. Someone please notify Ron Paul that his help is needed here, and now.)
I also realize the some people on the left are very critical of Bernie Sanders, feeling that he is not radical enough for their liking. But while such individuals have valid points to make, and useful criticisms, they too will, I am afraid to say, and will bluntly say, have to suck it up, because the policies of Bernie Sanders, while they do not go far enough in some important ways, not only represent a very good starting place, but are also supported by the majority of Americans.
The criticisms from individuals on the left with regards to Bernie’s foreign policy, where he is admittedly weak, are particularly valid and important; but frankly, despite that valid criticism, I think that Bernie’s critics on the left are not only throwing the baby out with the bath water, but are simply out to lunch, and out of touch with reality. And there is one simple reason for that statement.
At this time, when a crypto-fascist corporate oligarchy has taken over the nation, as well as the economy, the financial system, the monetary system, most of the media, the culture and the political process, there are only two options available to the American people – at this moment at least. One is revolution – and as much as I have been urging revolution, I do not think that there is reason to believe that the American people are yet ready for it. The other is Bernie Sanders. Say what you will about Bernie, but he is the best hope for America at this time.
Do I think that Jill Stein would make a better president than Bernie Sanders? Possibly she would. Do I think that Jill Stein has any chance of becoming president at this time? No. Therefore, I will support Bernie Sanders, as the only legitimate choice amongst candidates who stand any chance of winning the election – and again, a person who would make the best president since FDR, if not Thomas Jefferson. Is he perfect? No, but I, for one, am not looking for a messiah, but simply a person who will serve the people, as Bernie Sanders has done for over 30 years, and will continue to do. There will always be critics. Let’s just get the job done, shall we, and get on the with urgent business of creating, at least a starting point, for some urgently needed social change.
What would be wise for Bernie to do is to continue to reach out to the black and Hispanic communities, immigrants, progressives, labour, environmentalists and the left, as well as independents; but also to reach out to sensible conservatives and people on the grassroots right, who share his passionate opposition to the domination of Wall Street and corporate America over the economy, the political process and the country.
If he does this, Bernie Sanders may very well become the next president of the United States. And that, I would say, would be a very good thing, and the beginning of some very hopeful, and very real change.
J. Todd Ring,
January 12, 2016
 
For more analysis and social commentary, see my recently published book, Enlightened Democracy: Visions For A New Millennium – available now on Amazon.com.

Vote! Get involved, vote, speak, write, raise your voice – and get Harper out

Posted in Uncategorized with tags , , , , , , , , , , , , , , on October 19, 2015 by jtoddring

Whether you volunteer, write, canvass, talk to friends and family, or in some other way engage in, and promote, democracy in Canada, please do be involved.

Vote, encourage others to vote, talk about the issues, and let’s see a massive turn-out today, along with a lively, and much-needed, thoughtful discussion.

This is our country, and our future is at stake. If you’re not involved, get involved. It matters, and it’s never too late.

The work for peace, for justice, for environmental sanity and for democracy, is, and must-be, on-going. But today is a particularly important day. Make your voice heard.

Democracy is not a spectator sport. You either use your democratic rights, or you will surely lose them.

Prime Minister Stephen Harper is a walking disaster. He is the most reviled Prime Minister since Brian Mulroney, and one of the most loathed in all Canadian history.

Harper’s record is abysmal. He has been an utter disaster with regards to the environment, health care, social programs, the economy and democracy in Canada.

Stephen Harper has the worst economic record of any Prime Minister since WWII. He continues to attack and undermine environmental and social programs and standards, and seeks to eliminate and destroy all of the protections of the people and the environment which have been won over past decades and generations.

Worst of all, Stephen Harper is quite literally waging war on, and demolishing, democracy in Canada. He has to go. His big-oil, pro-corporate agenda has been a slow-motion train-wreck for this nation. He must be removed from power, and now.

Youth in particular need to vote. Millions of youth do not vote, and the majority of them are opposed to the Harper Conservatives. We need to get the youth engaged. They will inherit this country. Let us hope there is something left for them to inherit. And there may not be, if they continue to be apathetic and involved.

Spread the word: get everyone out to vote – especially the youth.

Today is the day. Let’s make it count.

JTR,
October 19, 2015

Here is a letter from Avaaz – they are not always in the right, but they are right on this: urging all Canadians to make their voice heard.

*****

A handful of razor-close ridings will determine who runs our next government. Person-to-person conversations have the strongest influence on how and whether people vote. Join us in a country-wide call-in to key ridings and help us take back the Canada we love.

I’ll volunteer

Dear friends,

Real change for Canada is within our grasp, but it could still slip away – Stephen Harper’s Conservatives won a majority last election with less than 40% of the vote and they could win again this time.

This election will swing on a handful of razor-close ridings across the country.

We need to win these ridings to win Canada — so let’s come together for a country-wide call-in, telling Canadians where the Conservatives stand on key issues and urging them to vote for a different party instead.

If we want to win back the Canada we love, all of us need to step up. Sign up for a session using the link below and we’ll give you all the information you need to help:

I’LL VOLUNTEER

Research shows that person-to-person conversations about shared values have the strongest influence on how and whether people vote. With these ridings likely to be decided by hundreds — or even dozens — of votes, it’s no exaggeration to say that every connection we make could have an impact on the future of the country.

On the day of the calls, Avaazers across the country can log-in to a website that will have all the information you need to talk confidently to voters. All that’s needed is a computer and a phone (and don’t worry, no long distance charges!).

Voting can feel very personal and it can feel scary to talk to someone in a totally different part of the country about unfamiliar issues, but by our own small actions right now we can literally change how our entire country is run. The Avaaz community is about working together to courageously close the gap between the world we have and the world most people want. If we let our courage triumph over fear, we can help win back a caring Canada, with a stronger, sustainable economy — one that reflects the hopes and dreams of a real majority of Canadians.

Let’s make it happen:

I’LL VOLUNTEER

The Conservatives have been in power for 10 years. We’re in danger of another 5 years, but not if the country pulls together in key ridings, and makes sure that locals elect candidates who will help us take back Canada. There’s no time to lose.

With hope,

Danny, Ari, Emma, Ricken, Melanie, Evan, Ben, and the rest of the Avaaz team

Authorised by Avaaz

(Go to Avaaz or other sites to see which ridings are most pivotal. But wherever you are, speak up and speak out!)

*****

And here is a letter from the Council of Canadians, urging everyone to vote, and giving details about how to vote, where, and what you will need to be able to vote – as well as giving excellent background information on major issues, and why the Harper government needs to be defeated:

Dear friends,

Millions of people are voting for change.

In the last election, just a handful of voters made the difference in electing a majority government for the Harper Conservatives. This election could be even closer.

The power to decide the outcome of this election is in your hands. Be a voter, and bring as many other voters as possible with you to the polls.

What to vote for

The Council of Canadians is non-partisan and does not endorse any parties or candidates. But if you haven’t yet made up your mind on who to vote for, our voter’s guide highlights where the parties stand on key issues.

After nine years of job losses, health care privatization, falling wages, environmental neglect, eroding democracy, and cuts to public services, it’s time for change. But that will only happen if you go vote for it.

How and where to vote

Be sure to double-check your local voting times – they vary from region to region. By law, if you’re eligible to vote, your employer has to ensure you have enough time on election day to vote.

Remember, because of changes brought in by the “Fair” Elections Act, it’s best to make sure that you have the ID you’ll need to vote.

If you’ve received a Voter Information Card in the mail, you can’t use it as ID to vote, but you can use it to find your local polling station. You can also check with Elections Canada to confirm your polling location.

If you’re not yet registered, you can do so at your polling station. Just bring the same ID you would need to vote.

How to defend your right to vote

Changes brought in by the Fair Elections Act mean it will be more difficult for some people to vote this election. If you’re having problems, be persistent. A friend or neighbour can attest to your address if your ID is inadequate. You can also ask to speak to the Deputy Returning Officer or the Chief Returning Officer.

If you witness anyone being prevented from voting, or if you’re unable to vote yourself, you can report it at our new election monitoring service, VoteWatch. We’ll follow up after the election to discuss your voting experience.

It’s time for change. Be a voter and you can make it happen.

Our democracy is counting on you.

With hope and resolve,

Maude Barlow
Maude Barlow
National Chairperson

P.S. After you vote, take a “voter selfie.” Share a picture of yourself on social media with a sign about why you voted, using the hashtag #ivoted2015.

A sinking world, and sane responses to it

Posted in Uncategorized with tags , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , on October 7, 2015 by jtoddring

My country is sinking like a rock (for reasons of corporate oligarchy, neoliberalism, corporate rights agreements, and an addiction to oil revenues and the politics of a resource extraction-based economy, and the thorough corporate domination of the political process), though the great majority of my fellow citizens do not realize it, lost in a stupor of denial as they are (I can think of twelve countries in the Western hemisphere which are either moving in a positive direction, or at least showing some fight – and Canada is not one of them); and so too is the greater part of the world descending, and rapidly so, into a morass of injustice and ecological suicide, to say nothing of concerns for freedom, human rights and democracy, (as well as a pervasive malady, and an epidemic, of economic fundamentalism, neoliberalism and neoconservatism being the primary, and reigning, quasi-religious orthodoxies, along with other forms of ideological and even “scientific” fundamentalism, which are widespread, and far more influential today than their mirror image, which is religious fundamentalism, and an even worse epidemic of illusions of powerlessness, as well as an epidemic of apathy, denial, conformity, and undue and excessive, and frequently mad obedience to power) with only a handful of countries as the exception. How am I not to be distressed, if not anguished, and even furious, or all of the above?

All of the greatest minds and greatest spirits have echoed the same thoughts about the modern world. As David Suzuki has recently said (paraphrasing from memory), “There has never been a better time for being scared and angry….. We should get mad as hell, and then fight like hell.”

Where is the fight in us? And why should we be ashamed of being distraught with a world that is on a collision course with both tyranny and collective ecological suicide, as well as being steeped in war, violence, rampant injustice, inequality, poverty and a culture of voyeurism, vicarious living, materialism, consumerism, and a pathological aversion to the real?

As the great sociologist Erich Fromm said (again, paraphrasing from memory), “Normal only exists in relation to a profoundly abnormal norm.” “The fact that there is neurosis [or psychological strain and distress] is a good sign. It is a sign of a healthy individual, an individual that is still struggling to be fully alive, and by necessity, is struggling against a society that wishes to turn him or her into an atomaton.”

As the saying goes, “If you can keep your head when everyone around you is losing theirs – you’re not paying attention.”

Calm is good. Heart-break for the state of the world is natural. And action is vitally needed – and urgently so.

Let’s see more action, and the heart-break will fade into a memory of times past, and lessons learned.

JTR,
October 7, 2015

Essential reading:

(A few among many other great books that could be included in such a list)

A Brief History of Progress – Ronald Wright

The Party’s Over: Oil, War and the Fate of Industrial Societies – Richard Heinberg

When Technology Fails – Matt Stein

Shock Doctrine – Naomi Klein

A Game As Old As Empire – John Perkins

The End of America – Naomi Wolf

Necessary Illusions: Thought Control In Democratic Societies – Noam Chomsky

Year 501: The Conquest Continues – Noam Chomsky

Escape From Freedom – Erich Fromm

The Ecology of Freedom – Murray Bookchin

The Chalice and the Blade – Rianne Eisler

World As Lover, World As Self – Joanna Macy

Ancient Futures – Helena Norberg-Hodge

Brave New World Revisited – Aldous Huxley

Roads To Freedom – Bertrand Russell

Wisdom of the Elders – David Suzuki

Walden – Henry David Thoreau

On Civil Disobedience – Henry David Thoreau

The Discourse On Voluntary Servitude – Etienne de la Boite

Mutual Aid – Peter Kropotkin

Peter Kropotkin Was No Crackpot – Stephen Jay Gould, Natural History, June, 1997

The Hero With A Thousand Faces – Joseph Campbell

Conservatives swing further to the far right – other major parties are little better

Posted in Uncategorized with tags , , , , , , , , , , , , , , , , , , , , , , , , , , , , on October 5, 2015 by jtoddring

The Conservative party of Canada is clearly playing into fear, xenophobia and racism as a way to win votes, as its “War on Terror” narrative, its racial baiting and its new snitch line show. This is sickening.

Mind you, the Liberals and NDP have eerily similar agendas to the Conservatives on key issues of the environment, the economy, trade and democracy. They may smell better, and look better on the surface, but scratch the surface on either of them, and you find a clear submission to anti-democratic, neoliberal, and neo-feudal, corporate rule.

On the environment, as David Suzuki has said, only the Green party has any seriousness about it. And for that reason alone, given that the crisis is so urgent and action on it so critical, the three major parties can in no way be supported. All three major parties are committed to pipelines, tar sands, big oil, a resource extraction-based economy, throwing us back a hundred years or more, to our former status of hewers of wood and drawers of water, and a surrender to the interests of an international corporate elite – with the results being, among other terrible consequences, that any one of the three major parties would spell ecological disaster for Canada and the world.

In terms of the economy and trade, all three major parties are now firmly neoliberal, pro-corporate and pro “free trade.” The Liberals openly support CETA, the corporate rights deal that is being pushed through with Europe; and the NDP has been decisively evasive, ambiguous and wishy-washy on the issue. Only the Green party has taken a stance against this disastrous, NAFTA-style free trade agreement, which would give corporations the right to sue the Canadian parliament, thereby over-riding, and effectively nullifying and destroying Canadian democracy.

Neoliberal policies of free trade have been economically disastrous, (see Naomi Klein’s, Shock Doctrine) benefiting only the rich few and the big corporations, while harming the other 99% of the people; and worse, they have been disastrous for the environment, for social programs, and most importantly, for sovereignty and democracy. NAFTA, CETA, FIPA and the TPP are all neoliberal corporate rights agreements, which put the interests of the large corporations over the people, the planet, and even above democracy. These corporate rights deals must be opposed, and defeated. This is absolutely critical.

Because all three major parties are either in open support of CETA, or in the case of the NDP, are decisively sitting on the fence, none of them can in any way be supported, since CETA would effectively mean economic, ecological and social disaster for Canada, as well as the destruction of Canadian democracy.

So yes, the Conservatives are acting more and more like Republican extremists, and can in no way be supported – but neither can the Liberals or the New Democrats.

Voting for the lesser of evils means voting for evil. We cannot continue to do that any longer.

The Liberals may have marginally better policies than the Conservatives, and the NDP marginally better policies than the Liberals, but all three are in lock-step agreement in terms of the core and key policies: in support of big oil, neoliberalism, austerity and free trade. The rest is simply window dressing – PR to hide the ugly facts.

The NDP may be slightly preferable to the Liberals in terms of policies, but only slightly; and in another way, they are worse, in that they pretend to be social democrats with a real alternative. They are not, and they have none. The NDP is now a neoliberal party of the right, in drag as left of centre democratic socialists.

The Liberals, meanwhile, may be slightly less offensive than the Conservatives, in terms of promised policies at least, but they too have slid far to the right, and are now right wing conservatives, in reality, in drag as centrist Liberals.

The Conservatives have gone the furthest to the right, and are now veering into the realm of US Republicans – all the while, presenting themselves as moderate centrists, if not liberals.

The whole charade is a sordid mess of empty posturing, PR and spin, and a thin veneer masks the underlying reality: that all three parties are now in complete submission to the corporate powers.

Once again, from every indicator, we now have to conclude that we have three neoliberal, pro-corporate, pro big oil, pro free-trade parties in Canada. And that is a tremendous tragedy, and a disgrace. What has happened to our critical intelligence that Canadians are clearly willing to settle for so little? More to the point, what has happened to our courage?

“Oh, Canada, our blah and weenie land…. True servility, until the promised land…..”

The major parties have lost their courage, or their integrity, or both. But that is not the central problem in Canada. The central problem is that the Canadian people do not demand more, and better.

All three major parties in Canada, the Conservatives, Liberals and NDP, are now parading themselves as the party for the middle class. Well here’s a news flash – the middle class are being wiped out by the very same policies the big three parties are committed to. The middle class in Canada, as in the US, Europe and around the world, are being wiped out by an ideological program of corporate globalization, or what is known as neoliberalism, with the offshoring of production and profits, de-industrialization, deregulation, privatization, austerity policies for the many, and tax breaks and subsidies for the corporations and the richest few, and above all, by “free trade” deals – which are in reality corporate rightsagreements – deals such as NAFTA, CETA, FIPA and the TPP. And all three major Canadian parties support these disastrous, pro-corporate, neoliberal policies and “trade” deals. The entire charade, as I say, is completely disingenuous, and utterly deceitful. And Canadians are falling for it – hook, line and sinker.

The free trade deals in particular, which are supported by all three parties, will guarantee that the middle class continues to be eviscerated and driven into the growing underclass. We would be extremely foolish and naive to think otherwise.

The working class and poor, of course, will fare even worse. Generally speaking, and with few exceptions, the only ones who will benefit – other than by being thrown a few token crumbs from the table of corporate feasting and engorgement – are the richest 1%. This is who the big three serve now. The rest is hollow pretense, and an extremely dishonest and empty posturing, for the sake of getting elected.

All three major parties in Canada, at different times in the past, had integrity. Not any longer. They have surrendered to the powers of big money and big corporations, and are actively ceding the powers of parliament, and democracy, as well as selling out the country, to what the leading business journal of the Western world, the Financial Times, calls, the “de facto world government” of neo-feudal, global corporate rule.

Other countries have begun to reject the neoliberal, “free trade” policies which haves become the staple of the global corporate agenda, and which are being pushed forward by Wall Street, the IMF, the big banks, the ECB, WEF and WTO, along with Bay Street, the big oil companies, and the Canadian Council of Chief Executives – the CEOs of the biggest 200 corporations in Canada, and the group which runs this country.

But Canada is foolishly continuing to follow the lead of Washington and London, the US and UK: two of the countries which are facing economic implosion and fiscal insolvency – as well as the death of the middle class, with soaring poverty and inequality, the rise of insecure, underpaid “McJobs”, and a dismantling of the manufacturing base, as all production is shifted to China and other low-wage nations, in the short-sighted rush for higher short-term corporate profits – as a direct result of precisely these Friedmanite, corporate-led policies of “The Washington Consensus,” which have laid waste to the economies as well as the people of the United States and Britain, along with much of the world.

In the US, we now see a rapidly growing groundswell of popular support for the one presidential candidate who has rejected the neoliberal agenda which has been shaped by the large corporations and the billionaire class: and that is Senator Bernie Sanders. Senator Sanders actually has a bold and intelligent vision for rebuilding a nation in economic tatters, reclaiming democracy, and setting a course for peace and prosperity for all.

Meanwhile, in Canada, we have the politics of The Great Yawn, and politics as usual, as the country and the people are eaten alive by a rapacious and insatiable global investor class.

Before we see any hopes for a better future for the people of Canada, Canadians will have to become considerably bolder, as well as more imaginative, and above all, we must face the fact that there has been a corporate take-over in Canada, as in the US, Europe and around the world, and rise to the challenge to defend and reclaim our democracy.

Rolling over and playing dead is simply not an intelligent, nor a moral option. Nor is voting for any of the big three political parties, which is effectively the same thing, and an act of self-neutering, or self-castration.

J. Todd Ring,

October 5, 2015

J. Todd Ring is the author of Enlightened Democracy: Visions For A New Millennium

See also:

Free Trade, CETA, TPP, and the US and Canadian Federal Elections – J. Todd Ring

https://jtoddring.wordpress.com/2015/09/29/free-trade-ceta-tpp-and-the-us-and-canadian-federal-elections-some-critical-perspective/

The Shock Doctrine – Naomi Klein

Neoliberalism: Profits Without People – Noam Chomsky

A Game As Old As Empire – John Perkins

Global Showdown – Maude Barlow

The Great Turning – David C. Korten

The Party’s Over: Oil, War, and the Fate of Industrial Societies – Richard Heinberg

A Brief History of Progress – Ronald Wright

Collapse: How Societies Choose To Fail Or Succeed – Jared Diamond

Here is an excellent, and devastating critique of the NDP – from the left. (Although, the article, while excellent on analysis, is short on strategies, vision or answers.)

The NDP and the Election – Canadian Dimension

https://canadiandimension.com/articles/view/the-ndp-and-the-election

Picking apart one of the greatest lies in American politics: “Free Trade” – Thom Hartmann, Alternet

http://www.alternet.org/economy/picking-apart-one-biggest-lies-american-politics-free-trade

Here is an excellent analysis of the three major political parties in Canada, by Toronto Star journalist Thomas Walkom, PhD in Economics from University of Toronto. (In a nutshell, they are all shills.)

Stephen Harper, Tom Mulcair and Justin Trudeau Offer Little On Economy

http://www.thestar.com/news/canada/2015/08/04/stephen-harper-tom-mulcair-and-justin-trudeau-offer-little-on-economy-walkom.html

And one more brilliantly clear-headed analysis of Justin Trudeau and the Liberals:

With Justin Trudeau, Canada Now Has Two Conservative Parties, by Will Dubitsky

http://commonsensecanadian.ca/with-justin-trudeau-canada-now-has-two-conservative-parties/

And another excellent article by Walkom, on the gleeful embrace of the failed policies of neoliberalism and “free trade” by the three major Canadian political parties:

Justin Trudeau, Stephen Harper, Thomas Mulcair buy into free-trade theory that doesn’t work: Walkom

Other countries ditch free-trade orthodoxy to protect jobs. But not Canada.

http://www.thestar.com/news/canada/2013/04/19/justin_trudeau_stephen_harper_thomas_mulcair_buy_into_freetrade_theory_that_doesnt_work_walkom.html

What do you get the corporation that has everything? CETA. – Council of Canadians

http://canadians.org/ceta

Liberal Party Statement by Justin Trudeau on CETA

http://r.search.yahoo.com/_ylt=A0LEVrhbx8lVmXgAR9MPxQt.;_ylu=X3oDMTByOHZyb21tBGNvbG8DYmYxBHBvcwMxBHZ0aWQDBHNlYwNzcg–/RV=2/RE=1439315932/RO=10/RU=https%3a%2f%2fwww.liberal.ca%2fstatement-liberal-party-canada-leader-justin-trudeau-ceta-2%2f/RK=0/RS=quEeYwXf8HagopNPlS7zn2QTnqs-

Fact Sheet: No More NAFTAs! No to CETA-TPP-FIPA-FTA… – Council of Canadians

http://canadians.org/publications/factsheet-no-more-naftas-no-ceta-tpp-fipa-fta%E2%80%A6

One Million To Stop The Corporate Death Star – Avaaz

http://www.avaaz.org/en/stop_the_corporate_death_star/

Free Trade, CETA, TPP, and the US and Canadian Federal Elections: Some Critical Perspective

Posted in activism, Canada, economics, politics, trade, US with tags , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , on September 29, 2015 by jtoddring

The following is critical to understand – for the people of Canada, the US, Europe and the world: “free trade” deals such those already signed (NAFTA), and those being pushed through with great secrecy now (CETA, TTIP and TPP), are agreements which grant supra-national powers to transnational corporations, powers over and above democratically elected governments, and therefore, they are agreements which are disastrous to everyone but the few – the global corporate elite.

In both Canada and the US, the major parties all support “free trade,” aka, neoliberalism, and the wrongly labelled “trade deals” which are in fact corporate rights agreements.

Both the Liberals and Conservatives in Canada are in open support of such democracy-destroying, sovereignty annihilating, economically, socially and environmentally devastating “trade agreements,” making them the Tweedledee and Tweedledum of political prostitution to corporate rule.

In the US, the Republicans and Democrats are both staunch supporters of neoliberal policies of “free trade” – not surprisingly, since Wall Street pays for their elections, and Wall Street gains from such policies, while the middle class is wiped out, poverty and inequality soar, and the nation is eviscerated, and eaten live.

The one exception in the US seems to be Senator Bernie Sanders: a rare, sane and honest voice in US federal politics. I wish there was such a one, and such a one with such fast-rising prominence and popular support, in the Canadian federal election – but that does not appear to be the case so far.

In Canada, the Greens show promise, but require two things now to be relevant: much greater boldness and focus – for example, in terms of a strong stand on core, critical issues such as the quite monumentally significant and potentially disastrous trade deals, including CETA; and much stronger and broader popular support. So far, both seem to be sadly lacking. I beg to be proven wrong, however, and would be thrilled to see it.

Nevertheless, the Greens have shown more courage and integrity on the critical subject of trade than any of the three major Canadian political parties, and that alone places them head and shoulders above the old-guard parties of the past which still, sadly, dominate the Canadian political landscape – or have to date.

Greens in Canada and Europe have made a clear stand on CETA – a trade deal which would allow corporations to overrule the sovereignty and democracy of member nations by allowing corporations to sue governments for passing legislation which impinge upon their profits.

The Council of Canadians, a leading citizens’ action group in Canada, sums up CETA in a few stark and lucid words:

“CETA is a “next generation” free trade and investment pact that Canada and the EU have been negotiating since May 2009. But it is better understood as a corporate power grab. The Harper government clearly sees CETA as a way to further deregulate and privatize the Canadian economy while increasing corporate power and undermining Canadian and European efforts to address the climate crisis.”

And the Liberals under Justin Trudeau have also declared their support for CETA.

The Greens have said no to CETA. The Liberals and Conservatives are pro “free trade” and openly support CETA. And the NDP policy under Muclair on CETA and other similar “trade deals” – which have to date universally been corporate rights agreements? That’s anyone’s guess, since Mulcair’s NDP have been notoriously vague, ambivalent, and decidedly wish-washy, at best: or worryingly soft, to be more honest and blunt.

The Greens appear to be the only party in Canada which at present to have any resolve, conviction, clarity or vision on the matter of such disastrous “trade” deals which are in truth corporate rights agreements. The position which the big three parties have taken, it seems clear, is effectively, to roll over for corporate interests – at the expense of the Canadian people, the economy, the environment and democracy.

We must understand this:

More “free trade” = more corporate rights agreements = corporate rule and the death of democracy.

This is not the way to conduct trade – by handing over supra-national, anti-democratic powers to large corporations, over and above democratic governments. The major parties don’t agree – because they have either lost their courage, or their integrity, or both, and have become wholly subservient to the ruling oligarchy of global neo-feudal corporate rule and the billionaire class. This is where the wheat is separated from the chaff: on this key issue, and others like it of similar gravity.

The policies of political parties and political candidates on such “trade” agreements – which, again, must be understood to be corporate rights agreements – such as CETA, the TTIP and the TPP, FIPA, the SPP and the FTA, are the litmus test for whether these parties and candidates are in service to the ruling corporate powers, or whether they stand with the other 99% of the people. And, unsurprisingly, most parties and most candidates fail that test.

In Canada, I would say, vote Green, since they are the only party now worthy of support.

In the US there is similarly only one choice, and one candidate who in any way, or by any stretch, merits support – and that is Bernie Sanders.

There are a great many well-meaning people out there – both Democrats and Republicans, and also, Liberals, Conservatives and New Democrat supporters – who frequently fall for pretty words and hollow promises. And there are many more people yet, who can and do fall for parties and candidates with some genuinely good policies on this or that issue, while the voters miss the bigger picture entirely, and do themselves severe injustice as a result. If we do not understand what is going on with these giant, nation-dissolving, sovereignty-eviscerating, and democracy-destroying “trade agreements”, then we do not understand what is happening at all.

This is critical to understand. This is central. This is, as I say, the litmus test of a party’s or a candidate’s legitimacy in this hour. If we fail to understand this, then we understand nothing of what is happening in the world at this time.

We need to be clear, and we need to vote with clear minds. Our choices have narrowed: we can vote for the parties and the candidates of the super-rich and the ruling corporate powers, or we can vote for the rare ones who still stand with the people. The time to decide is here. Let us use it wisely.

Political parties and political candidates can have the prettiest, loftiest speeches and policy platforms on earth, but if they are not firmly and unequivocally opposed to the corporate rights agreements which are being pushed through now, then they are either deeply confused and misinformed – in which case, their words and promises will come to nothing – or they are effectively owned by the corporate elite, and are in service to them. These are the simple facts. We should vote accordingly.

J. Todd Ring,

September 29, 2015

Please see:

Picking apart one of the greatest lies in American politics: “Free Trade” – Thom Hartmann, Alternet

http://www.alternet.org/economy/picking-apart-one-biggest-lies-american-politics-free-trade

Here is an excellent analysis of the three major political parties in Canada, by Toronto Star journalist Thomas Walkom, PhD in Economics from University of Toronto. (In a nutshell, they are all shills.)

Stephen Harper, Tom Mulcair and Justin Trudeau Offer Little On Economy

http://www.thestar.com/news/canada/2015/08/04/stephen-harper-tom-mulcair-and-justin-trudeau-offer-little-on-economy-walkom.html

And one more brilliantly clear-headed analysis of Justin Trudeau and the Liberals:

With Justin Trudeau, Canada Now Has Two Conservative Parties, by Will Dubitsky

http://commonsensecanadian.ca/with-justin-trudeau-canada-now-has-two-conservative-parties/

And another excellent article by Walkom, on the gleeful embrace of the failed policies of neoliberalism and “free trade” by the three major Canadian political parties:

Justin Trudeau, Stephen Harper, Thomas Mulcair buy into free-trade theory that doesn’t work: Walkom

Other countries ditch free-trade orthodoxy to protect jobs. But not Canada.

http://www.thestar.com/news/canada/2013/04/19/justin_trudeau_stephen_harper_thomas_mulcair_buy_into_freetrade_theory_that_doesnt_work_walkom.html

What do you get the corporation that has everything? CETA. – Council of Canadians

http://canadians.org/ceta

Liberal Party Statement by Justin Trudeau on CETA

http://r.search.yahoo.com/_ylt=A0LEVrhbx8lVmXgAR9MPxQt.;_ylu=X3oDMTByOHZyb21tBGNvbG8DYmYxBHBvcwMxBHZ0aWQDBHNlYwNzcg–/RV=2/RE=1439315932/RO=10/RU=https%3a%2f%2fwww.liberal.ca%2fstatement-liberal-party-canada-leader-justin-trudeau-ceta-2%2f/RK=0/RS=quEeYwXf8HagopNPlS7zn2QTnqs-

Fact Sheet: No More NAFTAs! No to CETA-TPP-FIPA-FTA… – Council of Canadians

http://canadians.org/publications/factsheet-no-more-naftas-no-ceta-tpp-fipa-fta%E2%80%A6

One Million To Stop The Corporate Death Star – Avaaz

http://www.avaaz.org/en/stop_the_corporate_death_star/

BUSTED! What corporations are hiding about TPP

The rise of Bitcoin: and the challenge to the global domination of big money

Posted in alternative, analysis, banks, capitalism, class, collapse, corporate fascism, corporate rule, corporations, corporatism, corporatocracy, crash, currency, debt, deficit, dollar crisis, economic collapse, economics, economy, Financial coup, geopolitics, globalism, globalization, money, neo-feudalism, political economy, politics, sociology, sovereignty, tipping point with tags , , , , , , , , , , , , , , , , , , , , , , on December 11, 2013 by jtoddring

The following article was written on October 25. I wanted to read it over once more before publishing it, then got busy with other things and forgot about it. In the roughly six weeks that have passed since the writing of this article, the Bitcoin prices have gone from roughly $200 to over $700. There have been fluctuations, as there are with all currencies, and particularly so since this is a new currency, but the overall trend is up, and in fact, Bitcoin is skyrocketing, as we predicted. People will say, well, it is fluctuating, as if that means that it is not stable. That is a foolish view, since all currencies fluctuate, and more importantly, because the overall trend has been to astronomical growth. What other currency do you know that increased its value twenty fold in just over a year, and then increased another 400% in less than two months? That’s right, none. If you had bought Bitcoins in November of 2012, they would have cost you $10 each, and they would now be worth almost $800 each. Can you think of any other investment or currency that performs remotely as well? This is extraordinarily rare. Those who are ahead of the curve tend to catch the best opportunities, and Bitcoin is no exception. Sociology and political-economic implications aside, which are very large and possibly quite profound, Bitcoin is giant in terms of investment and savings opportunities. From what I have seen, the analysis below still holds, and in fact is re-affirmed by the accuracy of its predictions as to the continued rise of Bitcoin, which we have seen in its nearly 400% jump in six weeks. Bitcoin has great potential, in a number of important ways, and we would be wise to look more into it.

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I first came across Bitcoin from the website of Max Keiser. Since Max seems to be the single most lucid person on the planet when it comes to global finance, I thought, this must be something worth looking into. Then last night my brother-in-law started talking to me excitedly about Bitcoin, and he is a pretty smart guy, so I thought, it is definitely time to look into this. And it turns out, it is a phenomenon that is exploding. Even the habitually staid and blinkered investment community is taking notice.

BERLIN, GERMANY - APRIL 11:  The bitcoin websi...

(Courtesy of Getty Images)

“Bitcoins are a virtual currency that can be used to pay for goods and services around the world.  To participate in the bitcoin market, one needs a digital wallet, which can be filled either by purchasing bitcoins for goods, services or currency, or by acquiring them through a complex process known as “mining.”  (Better termed, “minting”.) The bitcoins can then be used to purchase goods or services, or sold on an exchange.  While virtual currencies have traditionally been used to purchase illicit substances, like guns and drugs, they are now accepted by numerous legitimate businesses for everything from gift cards to jets and yachts.”

– Forbes

Until recently, Bitcoin was an obscure alternative currency that seems to have been used primarily for online trading, purchases and sales, among the few businesses and individuals who have decided to make use of it – anything from illegal drugs bought and sold on Silk Road, which the FBI just took down, to wine and muffins, as one Forbes columnist described it.

But now, Bitcoin is being accepted by pubs in Berlin as a form of payment. A Federal US judge in Texas has ruled that Bitcoins are a form of money – a bit slow on the uptake, but better late than never. And the giant internet company in China which is the peer of Google, has started to accept payment in Bitcoins. So the threshold has been reached. Bitcoin seems to have definitely arrived.

Businesses like Bitcoins because it saves them money. Using Visa or Amex as a means of financial exchange costs businesses 2-3% per transaction. That may not sound like much, but for a small business, and even for many large businesses, that can add up to large, painful costs. By comparison, businesses can accept Bitcoin as a method of payment, and it only costs them 1%. That is very attractive to business owners.

Bitcoin came under some negative press due to the Silk Road trade in illegal drugs using Bitcoin, and the price or exchange rate of Bitcoin compared to other currencies dropped for a time, but it has since risen. Business owners and investors seem to feel better now that Silk Road is gone and the currency is not associated with drug trade.

But really, that would be an insane reaction on the part of the public to shy away from Bitcoin because a few of the people who use it, use it to buy or sell drugs. The main currency used for the global drug trade was US dollars until recently, and it is still one of the two main currencies used for the trillion dollar a year illicit drug trade and the money laundering that goes with it, the Euro now being reportedly more popular among big time drug traffickers.

All of the big banks are involved with laundering drug money – hundreds of billions of dollars of it a year – and they handle drug money mainly in US dollars and Euros. But nobody says, I cannot use US dollars or Euros, because that is drug trade money. The irrationality comes out of ignorance and denial. Bitcoin, as far as I can see, is every bit as legitimate as US dollars, Euros or Yen, and probably more stable.

In fact, after the FBI raided Silk Road, they confiscated millions of dollars in Bitcoins. So the US government, and specifically the FBI, is now one of the biggest investors in Bitcoin, holding roughly five percent of the global currency. Strange bedfellows indeed.

But governments and the big banks do not tend to like Bitcoin (despite the fact that the FBI is holding billions of dollars in Bitcoins) because it threatens their control of the global financial system. So the backlash is on. However, if government and the big banks are attacking Bitcoin, then we can reasonably guess that it is because it threatens their power, and for that reason, Bitcoin may really have the potential to liberate the people from the money masters who now rule the world, or at least help in that endeavour.

“Bitcoin, an enticingly anonymous “cryptocurrency” designed to wrest the international currency system from the hands of central bankers…must face a force far larger and immensely more powerful than mere lobbyists. The status quo that cryptocurrencies threaten is the international monetary system. Its opponents are therefore the current custodians of that system — namely the governments of the world. Bitcoin was never subtle about the challenge it posed. The very first sentence of the abstract in Nakamoto’s 2008 paper promised to “allow online payments to be sent directly from one party to another without going through a financial institution.” The paper then described a way to originate — that is to “mine,” or perhaps more accurately to “mint” — Bitcoins. Yet history teaches that sovereigns of all stripes guard two prerogatives with particular zeal: the right to wage war and the right to mint currency. Bitcoin thus explicitly threatened one of the two fundamental, defining powers of government.”

– Bruce Abramson, Forbes

What Abramson failed to mention, in his otherwise excellent article, was that the Federal Reserve is not part of the US government. It is a private bank, controlled by the Wall Street and London banking elite. In fact, the majority of central banks in the world are private. That means that the banking elite control the printing of money, and not the people, through a publicly owned central bank, run and overseen by a democratically elected government.

The founding fathers of the United States felt so strongly about keeping control of the printing of money in the hands of the people, and not private banking elites, that they wrote it into the Constitution that no one shall have the power to print money other than Congress.

The banking elite tried to get the central bank of the US privatized early on. Thomas Jefferson fought them and defeated them. Abraham Lincoln fought them and defeated them, and some have felt that he was assassinated for that reason. Andrew Jackson fought them and defeated them, and also took a bullet for it, but lived. He even had it written on his tombstone: “I killed the bank.”

Then, as the History Channel and others have recounted the story, The Money Masters, the most powerful business elites in the US, met together on Jeckyl Island, and hatched the plan to finally succeed in gaining control over the money supply. Woodrow Wilson was duped into going along with it, and in 1917 signed into law the Federal Reserve Act, which created the private central bank which became known as the Federal Reserve. Woodrow Wilson later came to profoundly regret his error, and said that he had effectively destroyed his country without knowing it.

Now the control of the money supply and the right to print money is in the hands of the banking elite – and whoever controls the money, effectively controls the nation – or, by now, the world.

It used to be the case that “He who holds the gold makes the rules.” But after the US unilaterally abolished the gold standard, things have changed. Now the fact of the matter is this: he who controls the printing of money rules the world. And that makes the banks very happy. It should make the rest of us shudder.

As US President James Garfield said, “He who controls the money supply controls the nation.”

Or as one of the members of the leading banking elite family dynasties in the world, Mayer Amschel Rothschild said, “Give me control of a nations money and I care not who makes the laws.”

Or as the former Prime Minister of Canada, William Lyon Mackenzie King said, “Once a nation parts with the control of its currency and credit, it matters not who makes that nation’s laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognized as its most conspicuous and sacred responsibility, all talk of the sovereignty of Parliament and of democracy is idle and futile.”

Reclaiming control over the money we use to buy and sell and trade, is therefore of supreme importance. Bitcoin may indeed become a part of the answer to that central and critical task.

The more central task is for the people to reclaim their governments and their democracy, and having done that, to restore the power to print money to the hands of the people, through a public central bank, owned and governed by the people through their elected representatives in Congress or Parliament. All talk of social change, justice, democracy or freedom is both idle and futile until and unless this is recognized and acted upon.

But let’s have some more history and information on Bitcoin before we consider such monumental changes to our world, and the potential liberation of human beings from the banking elite who now dominate the planet and effectively rule the earth. (See the Swiss systems analysis study, which I have written about earlier, and which confirmed that a handful of corporations, mainly banks, effectively dominate the entire world economy, if there is any doubt as to the accuracy of such a statement.)

The alternative currency known as Bitcoin has seen its price rise from $10 per Bitcoin in November 2012, to over $200 in less than a year. While other currencies are highly unstable for a number of reasons – including the US dollar, the Euro, the British Pound, and also the Canadian dollar, which is foolishly tied far too closely to the US dollar and the US economy – Bitcoin may prove to be much more stable. It does not compare to gold or silver for stability, but it may prove to be a safer bet than the paper money which the global economy now floats on, which is a bubble that is about to soon burst.

(see my previous articles on the rise and fall of the petrodollar, the global economic crisis, and one that I think was titled, Stock broker shocks BBC reporter, saying, The collapse is coming, and Goldman Sachs rules the world.) 

I have only begun to look into Bitcoin, but it certainly seems to show some promise, and definitely warrants further investigation, for anyone who does not want to see their bank account or their money go up in puff of smoke when the paper currencies fall, as they most assuredly will.

(See Max Keiser and Gerald Cenente for more on this.)

What we definitely need is an alternative currency which is stable and can be used for savings, purchases, sales and trade at the local level, nationally and also internationally. The presently ruling paper currencies are simply unstable and unreliable, as anyone knows who has looked into the subject in any depth. Gold and silver are stable and hold their value well, but it would be far more convenient to trade in an electronic currency than in gold or silver coins. Bitcoin just might provide a much needed, and in fact, an urgently needed solution.

Until and unless national governments, or local communities, create stable currencies which are not pure fiction, and which have more value than the paper they are not printed on, we need an alternative currency. And probably even after governments get their financial acts together, alternative currencies will remain important, as a safeguard. Do not put all your eggs in one basket.

The US dollar is definitely going to crash, and when it does, it will bring down virtually all other currencies in a cascading collapse, because all of the central banks of the world are chocked to the gills with US dollars as reserves. The shell game of moving money from one currency to another will not save us, nor will it last much longer.

This all seems inconceivable to most people, and cryptic as well as unbelievable. But it is easily understood. A fourth grader can understand it, if it is explained in simple terms and the official jargon and doublespeak is stripped away.

Look at what happened in the Weimar Republic. The German government was in debt, and started printing money at an accelerating pace to pay the debt, until finally, the value of the currency collapsed, and you literally had to take a wheelbarrow of money to the store to buy a loaf of bread. That is what is coming. Your money will soon be worthless.

The over-printing of money always devalues and ultimately destroys a currency. And that is exactly what the US Federal Reserve and the other major central banks are doing. As Max Keiser said, the paper money apocalypse is coming. And as Gerald Celente has said, it will mean a greater depression than the Great Depression.

To give the Fed some credit, they simply have no choice, or so they believe, but to continue to dump billions of dollars a month into the economy – namely, by flying a helicopter over Wall Street and shoveling money out the door: dumping billions of dollars a day into the biggest banks to keep them afloat, and in the process, keeping afloat the deceitful and dishonest ideology of trickle-down economics. (Trickle-down should really be called trickle-on: the money goes to the rich, and the poor and middle class never see it – they just get yellow rain.)

The Fed seems to believe they have no choice but to do what they are doing, because if they stopped dumping money into the economy, the economy would collapse. And they are right. They could give billions a day to home-owners and citizens, and stimulate the economy that way, but they choose to give it to themselves – the banking elite. But one way or another, they have to keep pumping money into the economy to keep it from collapsing.

But – and here is the catch – by pumping money into the economy, they have to first have money from somewhere to put into it, and as they lack that – or at least, they are unwilling to use their own multi-trillion dollar private assets which sit in offshore accounts – they have to resort to printing money out of thin air. And when you print money out of thin air, you devalue the currency. So the Fed is printing money like there is no tomorrow, in order to prop up the economy and keep it from collapsing, but in doing so, they are devaluing the currency, which is guaranteeing that the currency will collapse. By trying to stave off a major market readjustment, meaning, an economic collapse and a depression, they are guaranteeing that when the collapse does come, it will be utterly severe and simply catastrophic in its impact.

They know this perfectly well. They know full well that their wild printing of money is going to cause the dollar, sooner or later, to be devalued, and to collapse, as holders of US dollars and Treasury Bonds lose confidence in the currency, for obvious reasons, and begin to divest themselves of this worthless paper.

The sell off which will ensue as the world flees the sinking US dollar will mean the dollar will become worth only one or two percent of its present value. This is exactly what happened in the Wiemar Republic, when precisely the same pattern of over-printing money brought on radical devaluation of the currency, and the German Mark became worth only one one-thousandth of its former value, and hyper-inflation set in.

Of course, when a depression hits, the financial and business elite have an orgy of looting and a feeding frenzy, buying up real estate, businesses, factories, farms, homes and other assets at fire sale prices, so they are perfectly happy with this result.

The banking elite love disaster – they feed off of it. So do not think the Fed or the rest of the banking elite are going to protect you from an economic collapse. They are the ones bringing it on, and they are the ones who are going to benefit astronomically from it when it comes.

Ben Bernanke said of the last Great Depression, and the role of the Fed and the private banking elite who control it, in that Depression, “We did it.” The banking elite who control the Federal Reserve and the money supply created a credit bubble by flooding the country with cheap money and credit, then they pulled the plug and burst the bubble, by contracting credit and cutting off the money supply. The result was the Great Depression. Massive human suffering was created across the Western world, but the super-rich got even richer, so they won, while everyone else lost.

We should take a lesson from history, and not allow the money masters, or “the monied aristocracy”, as Thomas Jefferson called the banking elite, to do this again. But I am afraid that the people are not yet sufficiently awake, or awake in sizable enough numbers, to reclaim their power before the manufactured disaster is upon them; therefore, I would say that the collapse will not likely be avoided, and that it is a virtual fact, due to the passivity of the people themselves.

 

The paper money we rely on is going to fail us. You can be sure of that. We had better start thinking about what we would do if our paper money becomes worthless, because it is going to.

Gold and silver are the smartest places to put your money, next to land you can garden on, and mortgage-free, rent-free accommodation. But Bitcoin may well be the next best place to diversify savings, and not have them disappear.

There are other alternative currencies, such as LETS, Ithaca Dollars, Toronto Dollars, etc, and they definitely merit attention as well. Most of them are strictly local currencies however, and they probably will need a secondary currency of some form for inter-community, national and international trade, even if they ever do become the main currency in use in a given town, city, county or region. Again, Bitcoin may bridge that gap. 

But again, I am new to the phenomenon, so while the need for a stable alternative currency is real and great, even urgent, whether or not Bitcoin fits the bill is something I am not yet sure of. Do your own research, would be my recommendation. It is my recommendation for every topic, in any case.

In sum, the importance of Bitcoin, if it really does prove to be a stable currency, is that it is stable, while all others – with the exception of gold and silver – are not. That means that it may prove to be a safe haven, and a way that we can continue to buy and sell and trade goods and services – to get paid for our labour and to buy things we need – after the paper money collapses.

It is definitely strongly advisable to shift money from paper money to land, tools, solar panels, wind power, seeds and garden tools, and secondarily, into gold and silver. It may be very smart to look more into Bitcoin as well, and I would say it would be wise to invest in Bitcoins as well.

Two new phenomena may end up transforming the world of banking, money and finance, and they are crowd-sourced funding and Bitcoin. The former is a definite strong contender as a catalyst for serious, major social change. Bitcoin my turn out to be the sister element to a whole new global economy, but again, I would have to look into it much more to say that with any confidence. Right now, it seems to be just a possibility – one scenario among many that could unfold in the near future.

As Forbes said, “Smart money always bets on government in the short term and technology in the long term.” The government seems too big to fail, but we know from history that governments can and do fail, and their currencies and economies as well. Look at France in the late 18th century: the government was in serious debt, and the Treasury finally went bust – that was the trigger which brought on the French Revolution. In Germany under the Wiemar Republic, the government failed utterly, the currency collapsed, and instead of a popular revolution, the German people and the world got fascism and the Nazis. So things can go either way when governments, currencies or economies collapse – a liberating revolution may ensue, or we may end up with tyranny and fascism, depending on how the people react. But what is certain, however it unfolds and whatever follows, is that collapse can and does happen. And it is coming.

Whatever you do, take your money out of banks, put it in credit unions and co-op banks, or better, in a safe – and divest yourself completely of your paper money, keeping only as much as you need for liquidity, and daily or monthly purchases, and putting the rest into something safe: like land, tools, silver and gold, and maybe Bitcoins as a minor element as well.

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What is the significance of Bitcoin?

Security, Investment, and Revolution

 

Bitcoin seems to me to have three major points of significance as a social phenomenon. First, it offers people increased material security. The paper currencies which now dominate the global economy and which people rely on to buy their daily bread and whatever else they may want or need and can afford, if they can afford it, are simply unstable. In fact, with the currency wars that are being waged now, currencies are being systematically devalued, which means the purchasing power of paper money, or fiat currency, as it is properly called, is shrinking, prices are rising in relation to purchasing power, which is called inflation, of course; and worst of all, with the fiat money paper currencies being systematically devalued, they are guaranteed to collapse, and soon. Bitcoins are not subject to such radical devaluation or collapse, because they are in limited supply, unlike the paper money which is being printed in the trillions of dollars. So Bitcoins can be used as a safe place to store money when virtually all other forms of investment and all paper monies are extremely unstable and heading for collapse. That is the first significance of Bitcoin – it provides increased financial and material, economic security for people who are smart enough, or have enough foresight, to make use of it.

Secondly, Bitcoin offers investment opportunity. Bitcoin’s value has risen 200% over the past year. The New York Stock Exchange is at an all-time low in relation to Bitcoin. While the paper money of fiat currencies approach collapse, and the global economy approaches collapse, meaning most investments and also savings will be wiped out, Bitcoin remains strong and continues to rise in value, along with gold and silver. Bitcoins were trading at a price of just over $10 in November of 2012. As of this October they are selling for over $200. [As noted, this figure is as of October 25, 2013, when this article was written. When the article was reviewed by the author on December 10, 2013, the value of Bitcoins had risen to nearly $800.] With a limited supply of Bitcoins and falling values of paper money currencies, the price of Bitcoins is likely to rise to over $1,000.

Remember that I advised people to invest in gold and silver in 2006, when I warned that an economic collapse was coming – predicting the global financial crisis of 2007-2008, while virtually everyone was saying that things are just rosy. Silver and gold have doubled and tripled their value since then, respectively, and of course, the severe global economic crisis that I predicted did hit, and hit severely. So when I say, buy Bitcoins, and buy gold and silver, there is a proven track record of accurate predictions to back that up. This is not coming out of thin air.

Thirdly, Bitcoin may prove to be truly revolutionary. That word is wildy over-used, and used to puff and promote and hype everything from toothpaste to toilet paper, but in this case, it just may apply. We will see. Bitcoin certainly has the potential to challenge the global dominance of the banking elite in their world hegemony over the global economy and monetary system. If enough people start to use Bitcoin, then it could empower the people, while reducing the excessive powers of the global financial elite; and this, in combination with other grassroots political and economic actions, could actually bring about a much-needed revolution. Bitcoin could be one more powerful tool which the people have, with which to reclaim their power, and to dethrone the bankers and other business elites who have essentially taken over the global economy as well as the political parties, governments, media and nations of the world.

Can Bitcoin be stopped? The banking and corporate elite, and their henchmen in government certainly would like to stop it, since it threatens their power, their global dominance and their astronomically high profits, but I don’t see how it can be stopped. Bitcoin, like the internet, has no single focal point, but rather it is distributed and decentralized. The internet was built by the Pentagon’s Defence Advanced Research Projects Agency, or DARPA, to be a fail-safe that could not be destroyed, by reason that if one node goes down, data would flow through another route, as Max Keiser has also described. Being based on the internet and being decentralized, Bitcoin is the same. The only way Bitcoin could be stopped, Max said, would be to shut down the entire internet – but even then, Bitcoin could work offline, on thumb drives. So Bitcoin appears to be unstoppable. And it is exploding in growth, with people using it every day all around the world.

Whether or not Bitcoin helps to spark a revolution, it certainly tips the scales back in favour of the people, and away from the global business elite, and that is most definitely a good thing. It is one more way that the people can empower themselves.

And in the process, it can also give people more economic security and improved material well-being, and in these uncertain and difficult times, that is also a very good thing.

J. Todd Ring,
October 25, 2013

 

Forbes has some interesting articles on Bitcoin here:

http://www.forbes.com/sites/kashmirhill/2013/10/23/five-possible-reasons-for-bitcoins-most-recent-surge/

http://www.forbes.com/sites/davidthier/2013/10/24/why-this-entrepeneur-thinks-bitcoins-are-here-to-stay/

http://www.forbes.com/sites/realspin/2013/10/08/the-bitcoin-backlash-is-underlay-by-a-quivering-status-quo/ 

But don’t take Forbes word as gospel, of course. Far better, listen to what Max Keiser has to say about Bitcoin – the man who has the most-watched financial analysis TV show on the planet, the most widely trusted financial analyst in the world, the insider’s insider who wrote the software for the New York Stock Exchange, and probably the person who understands the global financial system better than anyone alive.

Max Keiser on Bitcoin Currency | Interview with Max Keiser

Is Bitcoin money? – Max Keiser
http://www.huffingtonpost.com/max-keiser/is-bitcoin-money_b_2849031.html