Goldman Sachs is doing it again. Goldman is telling the public that everything is going to be just fine, but meanwhile they are advising their top clients to bet on a huge financial collapse. On August 16th, a 54 page report authored by Goldman strategist Alan Brazil was distributed to institutional clients. The general public was not intended to see this report. Fortunately, some folks over at the Wall Street Journal got their hands on a copy and they have filled us in on some of the details. It turns out that Goldman Sachs secretly believes that an economic collapse is coming, and they have some very interesting ideas about how to make money in the turbulent financial environment that we will soon be entering. In the report, Brazil says that the U.S. debt problem cannot be solved with more debt, that the European sovereign debt crisis is going to get even worse and that there are large numbers of financial institutions in Europe that are on the verge of collapse. If this is what people at the highest levels of the financial world are talking about, perhaps we should all start paying attention.
There is a tremendous amount of fear in the global financial community right now. As I wrote about the other day, the financial world is about to hit the panic button. Things could start falling apart at any time. Most of these big banks will not admit how bad things are publicly, but privately there is a whole lot of freaking out going on.
According to the Wall Street Journal, Brazil believes that "as much as $1 trillion in capital may be needed to shore up European banks; that small businesses in the U.S., a past driver of job production, are still languishing; and that China's growth may not be sustainable."
Perhaps most startling of all is what the report has to say about the debt problems of the United States and Europe.
For example, this following excerpt from the report sounds like it could have come straight from The Economic Collapse Blog....
“Solving a debt problem with more debt has not solved the underlying problem. In the US, Treasury debt growth financed the US consumer but has not had enough of an impact on job growth. Can the US continue to depreciate the world’s base currency?”
Remember, this statement was not written by some guy on the Internet. A top Goldman Sachs analyst put it into a report for institutional investors.
The report also goes into great detail about the financial crisis in Europe. Brazil writes about how the euro is headed for trouble and about how dozens of financial institutions in Europe could potentially be in danger of collapse.
But in any environment Goldman Sachs thinks that it can make money. The following is how Business Insider summarized the advice that Brazil gave in the report regarding how to make money off of the impending collapse in Europe....
- Buy a six-month put option on the Euro versus the Swiss Franc, thus betting the Euro will drop against the Franc (the Franc being the currency that an official Goldman report recently referred to as the most overvalued in the world)
- Buy a five-year credit default swap on an index of European corporate debt—the iTraxx 9. This is a bet that some of these companies will default, and your insurance policy, the CDS, will pay off
This is so typical of Goldman Sachs. They will say one thing publicly and then turn around and do the total opposite privately.
For example, prior to the financial crisis of 2008, Goldman Sachs was putting together mortgage-backed securities that they knew were garbage and marketing them to investors as AAA-rated investments. On top of that, Goldman then often privately bet against those exact same securities.
The CEO of Goldman Sachs has even acknowledged that the investment bank engaged in "improper" behavior during 2006 and 2007.
For much more on the history of all this, please see this article: "How Goldman Sachs Made Tens Of Billions Of Dollars From The Economic Collapse Of America In Four Easy Steps".
So will Goldman Sachs ever get into serious trouble for any of this?
No, of course not.
Yeah, they will get a slap on the wrist from time to time, but the reality is that the top levels of the federal government are absolutely littered with ex-employees of Goldman Sachs. Goldman is one of the "too big to fail" banks and they are going to continue to do pretty much whatever they feel like doing.
Sadly, the power of the "too big to fail" banks just continues to grow. At this point, the "big six" U.S. banks (Goldman Sachs, Morgan Stanley, JPMorgan Chase, Citigroup, Bank of America, and Wells Fargo) now possess assets equivalent to approximately 60 percent of America's gross national product.
Goldman Sachs was the second biggest donor to Barack Obama's campaign in 2008, so don't expect Obama to do anything about any of this.
We have a financial system that is deeply, deeply corrupt and all of that corruption is a big reason why things are falling apart.
Sadly, the 54 page report mentioned above is right - we really are facing a global debt meltdown and we really are heading for an economic collapse.
You aren't going to hear the truth from the mainstream media or from our politicians because "keeping people calm" is much more of a priority to them than telling the truth is.
The debt crisis in the United States is unsustainable and the debt crisis in Europe is unsustainable. Right now we are in the calm before the storm, and nobody knows exactly when the storm is going to strike.
But let there be no doubt - it is coming.
The amazing prosperity that we have enjoyed for the last several decades has largely been a debt-fueled illusion. It was a great party while it lasted, but now it is coming to an end and the aftermath of the coming crash is going to be absolutely horrific.
Keep watch and get prepared. We don't know exactly when the collapse is going to happen, but it is definitely on the way and now even Goldman Sachs is admitting that.
This crisis could be solved overnight if the “elites” brought back the jobs they shipped overseas. You could see a renaissance of the American empire. However, this will not happen, because the elites would rather collapse with everyone else than do what is good for the country.
Last time it was Alan Span and now Alan Brazil :p
The things are pretty fearsome. During last recession itself people suffered a lot.
Though I managed to make some profits as I felt the signs of recession little earlier. Furthermore the some by href=”http://www.forecastfortomorrow.com/” title=”http://www.forecastfortomorrow.com/”> came handy to plan the things.
Keep interest rates low, housing prices under control, wages steady, and build our US infrastructure which needs dire repair. Place monetary restrictions on the military monster machine, control the rapacious, profit driven medical industry, and life will trudge forward in a healthy mode.
Who cares what Goldman sucks says? As if they have any credibility.
Repubes want to tax the poor, claim 47% pay no taxes. So explain this to me:
47% of the people are 47% voting bloc. You have to wonder why these poor people in Kansas and others keep voting Republicans. They must think higher tax for themselves is a fair price for preventing gays from getting married or the evolution from being taught in the public schools.
I know why they are stupid low info dolts.
http://community.nytimes.com/comments/www.nytimes.com/2011/08/31/opinion/the-new-resentment-of-the-poor.html?sort=recommended#
Listen, research, learn all you can. Listen to their words because you can hear the fear they are telling us. Learn from others, that is, those who are preparing. Research information. It takes time and effort but it pays out in the end. It is easy to listen to fear and become afraid. You might say “I am not afraid” but really look deep inside yourself and be totally honest with the man in the mirror.
Most of us have lived a life of a 9 to 5 without any real reason for preparing for any problems. Most have not saved but have spent way more than they should have, purchased things that they could have lived without. I am not knocking enjoyment but let us be honest for a moment…most Americans have had a more than over the top materialistic mentality for a long time. Look at Madison avenue media. They have told us what to buy, why we have to have it, and a host of other stupid things. What did we do? We gave in of course! In 1999 it was Y2K and the fear was out there. End of the world!
In the 80′s there was fear. Today there is the possibility of the end of our country. It already is not the country most of us grew up with.
Chant of ‘tax the rich’ growing louder in nation!
Working folks on the front lines have found a common mantra as the economy continues to sputter and the 2012 election approaches: “Tax the rich.”
More and more people are saying “Tax the rich and spread the wealth”
Sorry baggers, my side will win on this one.
Tax the greedy to help the needy
Michael, Thank you for mentioning me in your OUTCASTS article a while back. That was very flattering. Its important for the average american to know that theyre not alone in this economic hell. I discovered your American Dream blog i enjoy it as well. Well to update you I havent wrote in awhile because ive been in jail for the past three months. The police took my car and my heart goes out to the other homeless in this country whom the NWO cops seized their homes/cars as well. Thanks again for pointing out this disturbing trend. Well I notice alot of people are getting ready for the whole shithouse to go up in flames. I wish them the best. I recently left my city in MT for the ranch out in the countryside. Ive never been happier. Its a relief to have a saftey net such as this. It sure beats sleeping in a car or a tent in October. (Which I did last fall.) A note to the people that think that they can survive in the mountains when it all goes down in a tent or weak shelter. Winter is brutally cold and the wildlife is dangerous. My father killed a mountain lion in his front yard a few months ago. The Holy Spirit guided him as he did it. A normal man or city slicker would have been mauled. The world is a dangerous place even out here. But I would rather take my chances with the wild critters out here that the enraged people rioting for food which will be coming soon. That is a very real possibility too Michael. My father raises sheep and cattle. At the beggining of the depression prices for cattle and sheep were in the toilet. You could get a 1500 lbs steer for $800. I know I was at the livestock auction watching the beef buyers for Wendys and McDonalds stealing beef for that price. Guess what? 2 years later its over $2000! With the droughts in TX its going even higher. Sheep has tripled in this time as well. The price of steak, burger, and lamb chops are going to be out of this world for the consumer. Most people wont be able to afford meat. As for myself im grateful to the good Lord for blessing me at this time. Im getting the chance to learn how to grow my own food and raise livestock so I can secure a future for myself and family. You cant eat gold and silver so I think this is the best way to prep for the continuing hard times. To anyone reading these comments and feel absolultey hopeless please don’t give up. You just got to keep trying even though it might feel like youre stacking shit against the tide. Believe me, this past year has been the hardest of my life. I felt like committing suicide many times last winter. Ive become humbled and I finally feel like Ive grown up. Hope still remains trust Jesus and believe in yourself. If you need help and earnestly seek him he will confort your sorrows. Thank God for your blog and the people who write on it Especially Gary2 El Pollo de Oro 007 Mondobeyondo. You guys make it entertaining. Well so long for now folks. Im going to try to make my own survival colony soon so no mean people are allowed. LOL
It is very good to hear from you again JD. It is especially good to hear that you never gave up even when times where the hardest. Hopefully that will be an encouragement to some others that are reading this.
Just because the economy is going to be very bad does not mean that our lives are over. During the times of greatest crisis are when the greatest heroes are needed.
In the times to come, there are going to be some opportunities to do some amazing things. Nothing is going to be easy, but if you love adventure the years that are coming are going to be for you.
Michael
Gee JD, your father must be a saint and a really bad shot. I guess your god wouldn’r have felt moved to guide a normal man or city slicker, but somehow chose your father’s body to shoot that mountain lion. BTW, it seems he has a place to live since it was in his yard. soooooo couldn’t you say, stay with him instead of sleeping in a car in October or did your god “guide” you to do so? Just asking.
We’ve lost our stock investments. We’ve lost most of the bonds we were in. We even lost two properties. When all this started about10 years ago I took all our savings and put it into silver, which was pretty cheap then, and ammo. Now I don’t dare sell it because what to buy? The only other thing that make sense at this time is freeze dried food. If you can’t sell it or shoot it you can surely eat it. Lobo-Lusti-Hadjo is Black Wolf in Commanche.
It’s too late to wish they were allowed to fail. Fact is, this was all set up by Reagan and probably Nixon. It is what it is. We have been their slaves and now the shit is hitting the fan. Let’s see who gets slapped with it. Them or us.
By all salvation prophecy will be fufilled. Greed never rests nor does power, all stems from an elite group dating back to nimrod. I think some know who they are and will be revealed shortly.
Read Jim Sinclair’s “A Pocketbook of Gold: A Survival Manual for Monetary Mayhem” if you want to know the full deal on Gold, and why you better own it.
GOLDMAN SACHS SHOULD KNOW ITS COMING.THEY HELPED TO CREATE THIS SITUATION WITH THEIR MORGAGE FRAUD SCAM THAT THEY MADE MILLIONS ON.NOW WHAT IS THE NEXT SCAM PLANNED?
I think commenter Nostradamus hit the nail on the head when he said a couple generations of business students have been taught that maximal profit is the sole goal of business. I’d also add two other, related points:
– Stock options as pay for executives mean they will pursue short-term gain to maximize their options at the expense of the long-term health of the business.
– East-Asian companies compete by having absolutely razor-thin margins in an attempt to put the Western companies out of business entirely. This takes the societal costs associated with maximal-profit to the next level (i.e., loads and loads of bad debt which the Asian governments cover up).
We need to move back to the gold standard. The governments are not responcible to manage a currency as we currently can see.
We can make the move slowly or we will make the move quickly but at the end gold will be king.
If to return the gold standard right now, the calculation will show that an ounce of gold will get price $10,000 (not $1,870). And $10,000 reflects the proportion between the mass of printed dollars, which are circulating around Globe and material values were created by human on the Earth. It means that our money is virtual (electronic money) and our level of life will go down 5 times. And it will reflect reality. Americans are not ready to go down like that.
I have read and re-read this article several times. I have read the times piece too. I have only one question. If a secret is not really a secret, what are the intentions of the person who leaked the story to the press?
Personaly, I think these people (wall street & the msm) are so corrupt that the truth is hidden so deep that we will never know what is real and what is meant to mislead.
that is so on target, it is scary
and this is the only way it can be. first the people doing the manipulation are about 100 times smarter than your average public school graduate, hence the reason they keep bad teachers and try to keep kids stupd.
second, these people are so wealthy that all they have left is time on their hands and to control the rest of the world.
Umm, gold standard. Yeah.
It’s true, you can’t eat gold.
But you can use gold to make transactions to purchase things you can eat. Silver too, to a lesser extent.
Almost everyone worldwide knows gold. They may not know about U.S. dollars, but they know gold. You can exchange gold for food, or services (auto repair, dental root canal, annual checkup, etc). And it works as well – maybe even better – in the Third World, as it does in the U.S. and Europe.
One ounce of gold in the 1600′s would buy you a nice toga and an olive wreath. One ounce of gold in 2011 would buy you a Giorgio Armani suit and a top hat.
My only regret is that I didn’t know this sooner.
Forget gold. The currency will be water, cigarettes, seeds etc. if gold were that valuable there would be none available to the middle class. The elites would have already taken it. You fools are investing in paper gold which doesn’t exist and they know it!!!!
You’re all fools to buy into this fear-mongering. You all complain, you all read the forums and trust the alternative media stating that they know the insider’s real story. Everyone knows that (fear) is a seller. It drives the fragile human psyche into believing in anything – just look at religion and funny lights in the sky. The internet is an amalgam of nonsensical ramblings built up to cause havoc among the masses, thereby entrusting you (the general public) to wander about aimlessly from one false truth to the next. We’re living in a scripted society. It’s all a play. Fodder for fiction. But we’re paying the price of our own stupidity because we’re stupid silly apes.
The Federal Reserve is bankrupting the nation… paper money will become worthless… you have to prepare yourself and your family for the financial crisis ahead.
My beloved country is dying. God said, “We would have healed Babylon(endtime America)but she would not be healed.” Jer 51:9 We have became mad upon our American Idols of: Money, Sex, Drugs, Rock and Roll, Beauty of the Flesh, Greed, Lust, and an Evil Eye towards our fellow man, even our own flesh and blood! Oh America, America, God shed His Grace on thee and crowned our good with Brotherhood from Sea to shining Sea. Righteousness exalts a Nation. Prov 14:34 We need to turn to God with our whole hearts and humble ourselves and then help our fellow man with our whole hearts. If we do this NOW then God will save our Nation from nuclear annihilation. He would save our cities, towns, and families. Oh, my brother and sisters, seek our Heavenly Father with every ounce of life within you. Give to the poor and needy, I command you ALL rich men in America, Do It Now! Or face the Judgements of Almighty GOD upon You, Your Family, and The United States of America. (Mystery Babylon The Great!)
It’s funny the “secret” advice that was given, buy a six-month put option betting that the Euro will collapse against the Swiss Franc…didn’t the Swiss just PEG the value of the Franc TO the Euro?
A MUST Watch Video:
Vox Populi, Methods of Manipulation- featuring David Icke, Jordan Maxwell, Max Igan, Freeman…
http://www.youtube.com/watch?v=HqrdHLzvIV4&feature=player_embedded#!
coke suckers!!!
Goldman Sachs would know! They are the ones who ENGINEERED IT! (ie, the economic collapse).
Targeting the Real Enemy: Occupy the Fed
http://www.infowars.com/targeting-the-real-enemy-occupy-the-fed/
Can you name ONE other candidate with a track record comparable to Ron Paul’s,
on BEHALF OF THE AMERICAN PEOPLE? (JFK doesn’t count – that was 1963 – and, the same people who killed him off, are running things now! Did you know, that LBJ would have gone to PRISON, for the murders of 8 people in Texas (including LBJ’s own SISTER!), at the hand of Mac Wallace, LBJ’s hired hit-man, had LBJ NOT become President? Bet you didn’t know that! LBJ wanted DESPERATELY to become President. TPTB (The Powers That Be) knew that JFK and RFK were trying to get LBJ OFF the ’64 ticket! In order for TPTB to reverse all of JFK’s actions as President (such as Executive Order 11110) – LBJ would HAVE TO BECOME PRESIDENT. The choice was clear – the deed would be done in Dallas).
Again – can you name ONE other candidate with a track record comparable to Ron Paul’s,
on BEHALF OF THE AMERICAN PEOPLE?
Just ONE?
Didn’t think so.
Ron Paul Leads Hearing On First Ever Audit Of Fed
http://www.infowars.com/ron-paul-leads-hearing-on-first-ever-audit-of-fed/
Ron Paul 2012. End the so-called ‘Fed’. End the endless wars. Bring the troops home & defend American borders. Restore America NOW…
Bank Stimulus, Quantitative Easing, Bailout, Intervention, whatever you call it.
It is a Bailout of the Banks using Taxpayer Money. ITSFRAUD the Banks are being rewarded for Corruption, Betting Taxpayers Money on the wrong Horse, Bribery, Deception and Rigged Accounting.
The latest attempt at Bank Bailouts will only delay the crisis several weeks before it reappears again to destabilize World Markets. Delays to the fallout are no longer possible the German and French public are aware and do not believe the hype fed to them by corrupt Government any longer.
As a direct result of Corporate Greed and Corruption, EU countries are stuck with an irrevocably fixed and manipulated overvalue Euro. This is fuelling anger public unity and Bailout Protests in towns and cities all over the World.
There will be no recovery even with further Fiscal Stimulus for the Banks, because it will never be enough. The Banks do not trust each other and certainly will not lend Money to anyone else. They will just buy Gold and hoard the Cash again.
The stimulus that would have immediate effect is Fuel, removing the vat and duties would boost manufacturing and lower raw material and direct costs dramatically.
This would be like a rocket up the rear end of industry. Rather than Governments reliance on the Financial sectors Corrupt Banks that will fail, taking everyone with them. But they wont release their reigns until forced by insolvency.
I would like to comment about goldman sachs believes a crash is comming and they will take total complete advantage of it to their benifit. I say lets exchange those three piece suites and briefcases for a good pick a shovel a bucket and some pinstripes. I would like to suggest a blog that has lots of interesting videos about government takeovers’ corruption in business a really great blog. http://www.manhattansgreatest.blogspot.com
Small businesses will not do well. The locals
do not have any money. Workers, including Government workers are earning less and less
and have very little to put back into their
local economies.
Anyone answer Zolko? “if the system collapses, there will be no-one left to pay those CDS” !
What is the answer for this?
Thomas Paine, an American patriot, wrote “Common Sense” during the revolutionary war . This pamphlet roused Americans to discover the philosophical case for revolution and freedom. Jean-Jacques Rousseau laid out principles in his Social Contract of the ideal society and how we could achieve governance that best suited the needs of the entire populace. The Declaration of the Rights of Man were laid out prior to the French Revolution that specified exactly what was expected to result after the tyrannical monarchies are abolished. Isn’t it time for a 21st century manifesto that follow in the footsteps of the Declaration of the Rights of Man, of Common Sense, and of the Declaration of Independence? Isn’t it time for a second Enlightenment?
Every couple of decades, a cause arises to stir the people in the ever perpetuating battle of tyrants over freedom and every couple of generations a cause so large emerges that entire paradigm shifts are brought about by the people, led by those with drive, creativity, and vision. Today, those tyrants are the perpetuators of our faux-democracy and their economic tyrant counterparts-the banking elite, both inexorably and perpetually advancing no other agenda than developing an ever-growing disparity of power and wealth. Slowly but surely, and ever more quickly, they erode all progress made by the revolutionaries of past that fought to overthrow the aristocracies, monarchies, and religious oppressors of the time.
We are still part of the constant struggle of the General Will of society- a drive to progress the well-being for all of society, with the Particular Will- the drive to progress one’s own well being, even at the expense of others, and of society as a whole. Today, the vast majority of our politicians are driven not by the sincere need to better society, based on a value system of rationality but by their hypocritical allegiance to their selective constituents at the expense of society’s welfare. The banks- the financial circulatory system of our economy, are run not by those who wish to create an economy most conducive to the nation’s well-being but by those who run private industries that wield the power to manipulate the movement of money. When selfish people are in an industry that allows a concerted funneling of money into their pockets, what outcome do you expect? And no less, when these same institutions are backed by the very government that was founded to be one by the people and for the people, there is nothing other than absolute proof that corruption by any means have utterly destroyed the visions of the freedom fighters of our ancestors’ time. Society may always evolve towards higher and higher ends, but only when there are ample counter-points to the aspects of the society that are flawed. The greater embeddedness of the problem, the greater the counter-force necessary to root out the problem, until there is nothing left but revolution. Are we at that point yet? You decide. But are we even at close the momentum needed to provide true change? Without the possibility for debate, we are certainly not.
So, at what point are we in this movement?
The time where only the most dedicated are left, the point where the synergy of our most meritorious will effectively culminate into the next phase- the phase of leadership, the phase of vision, the phase of philosophy, the phase of change, the phase of the movement!
Thus far, we have been successful at creating awareness of the general problem, and have inspired an entire generation to realize that our society is built to benefit the absurdly small minority of the population and that this must be changed for the sake of the advancement of civilization itself. We have been experiencing none other than a devolution into the aristocracies and despotic governance of the past- the very forces we transcended that arose into the Enlightenment.
Now, Phase 2!
Like Thomas Paine, Robespierre, Thomas Jefferson and the other brave freedom fighters of revolutions past, we must not only look to changing a regime (or a president) but look to the future, to higher heights, to a greater fulfillment of humanity’s potential by assessing the flaws of the status quo and through a dialectical debate, philosophy, and creativity devise a new system, one more perfect than the last. Don’t fall prey to the psychological manipulation that our elections provide the sufficient change we need. It is the very system that the elections are built on that must be changed. We must transform the fundamentals.
I, the writer of this pamphlet can provide some ideas to begin with. But what needs to happen is this “leaderless movement” needs to develop not a single leader, but an entire collective of leaders. A movement of followers raises awareness. A movement of leaders changes everything. How can we become a movement of leaders? Write more pamphlets. Don’t just say “down with x” or espouse blind revolution. Let’s utilize the most potent force for change- the dissemination of ideas. Let’s do the most daring thing of all and not just elect representatives in our system, but actually change the system itself. Which of you reading this is a Rousseau or a Jefferson? Who of you will rise as a hero and change history?
Let’s use crowdsourcing as well as the scientific method to discover what works based on a value system of rationality and the General Will. Both have proven effective in bringing change to technology and academia but have never been applied to governance and economics.
Capitalism brought us great prosperity by empowering individual entrepreneurs to utilize their hard work and creativity to create solutions to needs, creating jobs and progressing technology. While these positive traits allow the fulfillment of entrepreneurs and incentive system for effective production, this ideology in pure, blind form has no impetus to treat people as human beings but merely as commodities. Completely unfettered, the impetus for few to enrich their power disproportionately lead to a highly stratified society of a rich upper-elite and the working masses with the exponential function of money begetting more money, as eventually all wealth is funneled upwards.
The counter-point- Communism- was devised by Marx as an ideology directly concerned with addressing these issues and providing the so-called remedy. The outrageous fallacy in this ideology is that by denouncing it outright society would rise to higher fulfillment of humanity’s potential. Reversing the aspects of capitalism that are negative is absolutely necessary, but by denouncing it utterly, the positive parts become casualties- the freedom of entrepreneurs to empower themselves to invent, produce, create, and trade. Consequently, communism is plagued by cronyism and a stagnancy, eventually succumbing to the arbitrary whim of tyrants and an almost religious zealotry toward the State, (which is in the same category as monarchies, aristocracies, oligarchies and oppressive religion as enemies of freedom)
Therefore, we see in history dialectic. Thesis-Antitheses. The answer lies not in nuanced changes in either, but in an entirely new model outright- a Synthesis. The best, most effectively run and legitimate government is a government of Meritocracy. Cronyism, nepotism, faux-elections are all enemies of legitimate government.
The markets consist of businesses and individuals providing goods and services that fill a need in society. When the economy itself is hijacked by money manipulators under the guise of “Free-Markets” we are being none other than psychologically manipulated by language. It is an Orwellian attempt to induce a masochistic support of this system by the 99% who suffer from it. There is nothing “free” about allowing an elite minority of selfish individuals to wield the power of the economic well being of an entire society. What do these money-managers create? What are their innovations? How have they improved society? Their only creations and innovations are craftier and craftier techniques to move money around (into their own hands). Invariably, the consequence is a systematic transfer of wealth upwards. In the most blatant example of double-speak- trickle-up economics,was labeled as “trickle-down.” The implicit feeling that something isn’t right with these people and this system is ripe in all of us. But what many of us have thus-far failed to do is diagnose the disease; all we have done is address the symptoms.
In our collective unconscious, in our culture, we have a pernicious construct: That money in and of itself is the outright measure of success and it is directly correlated to it- the richer you are, the more successful you necessarily are. It is this ingrained culture that empowers the oligarchs and banksters of Washington and Wall St to control society. When we subscribe to the mainstream-media endorsed precept that an overpaid money-manipulator on Wall St. making $20 million is somehow more successful than a Scientist that makes a breakthrough discovery, yet earns a “modest” $150,000 a year, we subscribe to a game rigged against society for the welfare of the elite few. Let’s change our culture, let’s change our standards, let’s change our minds.
In 2008, a dilemma was faced- and the choice was to bail out the perpetrators of the collapse under the auspices that if they were left to fail then our system as a whole would fail. Does this not indicate in a painstakingly obvious way that the system itself is doomed in due time? A truly legitimate system would never need a bailout to maintain its perpetuity. Are we going to wait for the biggest economic crash in history before we take realization to this?
Just as the scientific revolution and philosophy of the Enlightenment broke the shambles of religious persecution and monarchic control, it is time for a similar process of discarding what doesn’t work while perpetuating and devising what does, to our governance and to our society.
Do not merely nod your head if you agree. Write your own pamphlet. Create your own philosophical idea. Disseminate the message. Debate. Get inspired by the brave revolutionaries of past.
The Occupy movement is completing its first phase. Now, the phase of leaders, ideas, vision, and true change will come. We will either die in oblivion, and the history of mankind will be told as a triumph of tyranny over enlightenment, or we will continue to fight teeth and nail to begin what is nothing short of a revolution. Don’t be a bystander, don’t be a follower who claims to be inspired by their heros. BE a hero yourself, inspire others, and write history.
Let us explode with intellectual energy, a Jacobin club of the 21st century where ideas that completely overhaul the status quo take precedence in our actions and our consciousness, a second American Revolution- A second Enlightenment.
-What is YOUR idea to eliminate the monetary system that enslaves you?
-What is YOUR idea to disseminate the message?
-What is YOUR idea on how we can create a new government system?
-What is YOUR revised economic theory that espouses the betterment of humankind?
-What is YOUR idea for a future system that has never been implemented, but represents the pinnacle of what humanity can ever achieve?
Disseminate this message, add to it, improve it. Perfect it.
The Movement
gary2, you are an amazing retard