Recently, I decided to take up studying EU constitutional law theory to get clear on the mechanisms again. I started where I had left off as a EU jurist many years ago: the draft constitution of the EU that got shot down by the people of France and Holland. I started to feel pretty good about seeing through some of the misinformation in the articles I was reading. Knowledge of the pillars and law structure came in handy to shift through the pretense of legitimacy. Reading the material, I rested assured that there was no way the UK could exit the first pillar to find its peril.
Then the Brexit referendum happened and the prick minister announced his resignation. That is, he will not resign until he is done with whatever he is really doing but not telling. Typical, but it was probably according to plan anyway. As long as Britain could not Brexit, it meant nothing to me. I took my time to look at article 50 of the Lisbon Treaty and understood that the people really do not have a say in it. It is the State that first has to decide, and then the EU gets to decide as if a State. Nowhere is there any room for people – or any government aligned with the people – to have a say on what UK or EU, is to decide. Continue reading
After dumping oil, spilling oil, burning oil, wasting oil, there is tax to get rid of more oil? Hmm. I actually do not feel like writing on any politics, but it always boils right down to it. This nugget of mislead needs to get put to rest where it belongs. Back in the media that pushed it forth. Instead of a lecture – and use of proper political and financial economic myth – to simply rant, and push this terrorist act back into the garbage can it came from. To allow for more comfortable space for the disintegrating elephant in the room. And to keep an eye out for the donkey that keeps fading in and out.
10 dollar tax per barrel. The announcement got underplayed in media, but apparently I am part of media, so here comes some overplay. Still awaiting the day when my rants can pay for exorbitant rent.
Even students starting business school can recognize the stunt as penal matters. Government refusing to properly tax corporations before, well aware of the ‘creative’ financial myths. But now that digital money disappears back into the digital death it got evoked from, the oil companies are given an ‘incentive’ to SELL. Continue reading
From: The Legalized Crime of Banking and a Constitutional Remedy
By Silas Walter Adams, 1958
The Legalized Crime Of Banking is a simple story of The Federal Reserve System, dealing principally with the unconstitutional creation of money and the control of credit by private corporations. The author suggests a concrete, simple solution, which Congress could employ, which would make the transition from private banking to the Treasury without injuring anyone enjoying a constitutional right, or without upsetting our normal course of trade, industry, and agriculture.
The Pauper and The Rich Man
The pauper (the Federal Reserve Bank) with assets of $52 billion with no productive know how, and less than 100,000 stockholders, loaned the rich man (The United States Government) with well over $350 billion in physical assets plus $250 billion in productive capacity and know how, with 170 million stockholders, $300 billion to fight World War II. Can you imagine the greatest corporation on earth, with 170 million stockholders and assets running over $600 billion, turning to a Continue reading
European shadow economies are 22.1% of total economic activity or around $3.55 trillion (as large as Germany’s whole economy). A report by Tax Research, suggests that Austria and Luxemburg have the smallest shadow economies in the euro area at 9.7% of GDP, while Bulgaria at 35.3% and Romania at 32.6% top the list. Of the major economies, Germany clocks in at 16%, France at 15%, Italy at 27% and Spain 22.5%. Stunningly, in terms of tax revenues lost, the shadow economy translates into an estimated €864bn or just over 7% of euro area GDP and, in context, accounts for 105.8% of the [entire] healthcare spending of the EU. It appears that more and more Europeans have no choice but to shift to a shadow economy (as taxes rise among other things), and this is the biggest threat to the entire economy. This is likely one reason the ‘austerity’ actions have not been successful since far less taxes are being paid via the conventional channels. — Europe’s Shadow Economy, zerohedge.com (May 6th 2013)
For some reason I could not make myself write about banks again. As it was the next topic in line, I continued to take time off until I could. Continue reading
CORPORATE CRIME in the pharmaceutical industry
John Braithwaite, 1984
1 Introduction: an industry case study of corporate crime
The majority of people who work in the pharmaceutical industry subscribe to high standards of integrity and do everything in their power to stay within the constraints of the law. In the course of this research, I met pharmaceutical executives who impressed me with the sincerity of their commitment to the public welfare much more than many of the industry’s critics in politics, regulatory agencies, the public interest movement, and academia.
Valerie Braithwaite accompanied me to many pharmaceutical companies, forever constraining me from driving on the wrong side of the road. One day, as we drove back to New York, she said: ‘But these people are so nice, John. Do you think they really are corrupt? ‘ My initial response was: “You’ve spent the day being shown around and taken to lunch by the company’s public relations staff. They’re paid to be nice. Some people in these companies get paid a lot of money because they’re Continue reading
A nation can survive its fools and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable for he is known and carries his banners openly. But the traitor moves among those within the gates freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself… for the traitor appears no traitor: He speaks in accents familiar to his victims, and he wears their faces and their garments, he appeals to the baseness that lies deep in the souls of all men. He rots the soul of a nation; he works secretly and unknown in the night to undermine the pillars of the city; he infects the body politic so that it can no longer resist. A murderer is to be less feared. — Cicero
I can no longer take them seriously when they blame others for the crises they cause. How can an outsider fool them enough to gain their trust? They work hard on getting dirt on each other to enforce submission to the Continue reading