Regime Change Begins at Home

Via: ICH


 
Regime Change Begins at Home

By Stephen Lendman

March 31, 2013 “Information Clearing House” – Charles Derber’s book by that title says it’s the only way to free America from corporate rule. It transformed America from “we the people” to what CEOs say goes.

It put monied interests in charge. Presidents, legislators, and high level bureaucrats serve them. Whatever they want they get. Institutionalized injustice follows. It’s longstanding. Vital change more than ever is needed.

America had previous corporate regimes. None match today’s extremism. Bold, creative strategies are needed to change things. Commitment creates possibilities. Nothing worth struggling for is easy. Failure to try assures disaster.

America’s on a fast track to full-blown tyranny. It’s a hair’s breath away. Preventing it is top priority. It begins with knowledge. It involves knowing what’s at stake.

Money power runs America. Fundamental freedoms are on the chopping block for elimination. Preventing it takes commitment.

Challenging authority is essential. Social movements are pivotal forces. They work. Abolitionists, labor movements, and civil rights activists proved it.

Collective activism has power. What better time to use it than now. America’s waging political, social, financial, and hot wars. It’s doing it globally. It’s happening at home and abroad. Constitutional protections are disappearing. America’s social contract is being destroyed.

Militarization, permanent wars, and unchallenged global dominance reflect policy. So does police state harshness. Dissent is endangered. Privilege is entrenched. Fundamental freedoms are eroding. Beneficial social change isn’t tolerated.

Electoral politics doesn’t work. Duopoly power runs America. Republicans and Democrats reflect two sides of the same coin. Not a dime’s worth of difference separates them. Throwing out bums assures new ones. It happens every time.

Names and faces change. Policies remain unchanged. They’re longstanding. They’re cruel, malicious and unjust. Washington is too pernicious, corrupt and dysfunctional to fix.

Vital change is needed. Revolution is the only solution. Authority must be challenged disruptively. Doing so requires mobilizing it. Egalitarian reform is essential. Grass roots activism is key. Popular struggles depend on it.

Read more: here

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Our Chavez: Huey Long

Via: Counterpunch

Where’s the Kingfish Now That We Really Need Him?

by MIKE WHITNEY

“Every man a king, but no one wears a crown.”
– Huey P. long, Governor of Louisiana

Americans are committed to capitalism and prefer free market solutions whenever possible.

Wrong. The truth is that support for capitalism has been steadily eroding since the Great Crash of ’08 when markets tumbled and housing prices plunged wiping out $8 trillion in home equity and leaving 5 million homeowners facing foreclosure. After that dose of cold water in the face, support for the free market system dropped precipitously from 80% (in 2002) to a titch above 54% by 2010. Interestingly, in France (according to the Economist) only 6% of the people now “strongly” support the free market. Here’s more from the article in the Economist:

“Capitalism’s waning fortunes are starkly visible among Americans earning below $20,000. Their support for the free market has dropped from 76% to 44% in just one year. The research was conducted by GlobeScan, a polling firm. Its chairman Doug Miller says American business is “close to losing its social contract” with average families.” (“Market of Ideas: Capitalism’s waning popularity”, The Economist)

“Social contract”? What social contract? You mean the social contract that allows the banks to fleece your ass at every opportunity with no chance of being held accountable?

While the report is 2 years old, it indicates something that’s fairly obvious to many, that Americans are generally pragmatic people who judge a system by its results not by the public relations blabber issuing from the business channel. “Show me the beef”, that’s what the average working slob cares about, not some horseshit about “the wondrous symmetry of the self-correcting market”. What a load of malarkey. If we’d applied the theories of the market fundamentalists after Lehman Brothers collapsed, the 10 biggest banks in the country would have been euthanized (as they should have been) and we’d be well on our way to a true recovery. Instead, the economy is still hopelessly mired in a long-term slump that shows no sign of ending. The only thing that’s “corrected” is the profit margins on Wall Street which are at record highs. Get a load of this from the WSWS:

“As the US government prepares to furlough 1 million federal workers and slash hundreds of billions in social spending, corporate executives in the United States are receiving among the highest payouts in history. USA Today reported Thursday that at least ten CEOs took in $50 million apiece in 2012, largely as a result of cashing in stocks that have soared in value with the rising market. According to the newspaper, “Early 2013 proxy filings detailing 2012 compensation show a growing number of CEOs reaping $50 million or more, gains that could prove unmatched in breadth and size since the Internet IPO craze enriched tech company executives more than a decade ago…..

Read more: here

The Streets of America in the Very Near Future…

Via: SHTFplan.com

Mac Slavo
March 21st, 2013

We’ve seen it time and again over the last five years. Governments overstepping their authority and punishing their people because of the actions of elite banking conglomerates, dirty politicians and bought-off regulators.

Iceland, Greece, Ireland, Hungary, Argentina, Spain, and Portugal have all been pillaged in the name of purported recovery and stability.

Today we’re seeing it in Cyprus, where Euro Zone financiers have threatened to not only rob the populace of their personal savings, but shut off access to bank accounts indefinitely. And, as we’ve seen elsewhere, the people are having none of it.

Like the aftermath of Hurricane Sandy, it took a mere 72 hours of restricted access to funds, and thus essential goods, before the people took to the streets in mass protest and rioting.

The following pictures depict what’s in store for the United States in the very near future, when our own banking system re-collapses and Americans are left with no ability to access their money or are restricted to how much cash they are able to withdraw.

When the banks close your only option will be ATM’s, most of which will be empty:

And within 72 hours, when the realization of the magnitude of this event takes hold, people will no longer stand in line peacefully, but rather, will storm their banks and government offices, just as they have done in Cyprus (and elsewhere).

There is one key distinction to consider between the rioting in Cyprus and what we’ll experience here in the United States.

You see, the US government and the Pentagon have been actively war-gaming this very scenario for years. They know an economic collapse and the civil unrest that follows is an inevitable outcome of our current paradigm. Thus, they have spent the better part of this crisis training the National Guard to respond to mass riots, along with coordinated exercises that involve local law enforcement and military forces.

There’s a reason that Department of Homeland Security has stockpiled nearly two billion rounds of ammunition.

What’s waiting for Americans when this goes down is starkly different from the response by government officials in other parts of the world.

Read more: here

Not here in America…it can’t happen here..
-Moose 

The Bank, The School And The 38-year Loan

Via: The Orange County Register

Published: Feb. 15, 2013 Updated: Feb. 21, 2013 1:43 p.m.
Melody Petersen / ORANGE COUNTY REGISTER

The fliers touted new ballfields, science labs and modern classrooms. They didn’t mention the crushing debt or the investment bank that stood to make millions.
In early 2008, residents of Placentia and Yorba Linda approved a $200 million school construction bond after reading those fliers and being assured repeatedly that “their money will be spent wisely.”

Borrowing through capital-appreciation bonds is helping to pay for a 600-seat performing arts center at El Dorado High School in Placentia. The expensive bonds, which delay payments for decades, were sold by Placentia-Yorba Linda Unified officials after voters approved Measure A in 2008.

What happened instead was that Measure A led to a debt so large and long lasting that it has mortgaged the future of their children’s children.

With no public discussion, the school board had hired George K. Baum & Co. and its staff of political strategists to help push the measure through so the district could continue an ambitious building spree.

After the election, the board allowed the bank to sell some of the costliest bonds ever issued by a California public agency. Just one $22 million borrowing from 2011 will cost taxpayers nearly 13 times that amount – $280 million – to repay.

Those bonds, known to Wall Street traders as capital appreciation bonds, are like a loan for which no principal or interest payments are made for 35 years. Interest is charged on a growing pile of unpaid interest, causing the balance to balloon.

“It’s another method of pushing debt to future generations,” said state Treasurer Bill Lockyer, who compares the bonds to “payday loans.” “I just don’t understand how these board members got away with this,” said Alexandria Coronado, a former member of the Orange County Board of Education. “These people need to be recalled.”

Read more: here

This scam has been played out all over.
Greed isn’t only in Orange County….although there is a lot of it there..
-Moose

Can Civilization Survive Capitalism?

Via: ICH

Capitalism as it exists today is radically incompatible with democracy.

By Noam Chomsky

March 06, 2013 “Information Clearing House  There is “capitalism” and then there is “really existing capitalism.”
 

The term “capitalism” is commonly used to refer to the U.S. economic system, with substantial state intervention ranging from subsidies for creative innovation to the “too-big-to-fail” government insurance policy for banks.
The system is highly monopolized, further limiting reliance on the market, and increasingly so: In the past 20 years the share of profits of the 200 largest enterprises has risen sharply, reports scholar Robert W. McChesney in his new book “Digital Disconnect.”
“Capitalism” is a term now commonly used to describe systems in which there are no capitalists: for example, the worker-owned Mondragon conglomerate in the Basque region of Spain, or the worker-owned enterprises expanding in northern Ohio, often with conservative support – both are discussed in important work by the scholar Gar Alperovitz.
Some might even use the term “capitalism” to refer to the industrial democracy advocated by John Dewey, America’s leading social philosopher, in the late 19th century and early 20th century.
Dewey called for workers to be “masters of their own industrial fate” and for all institutions to be brought under public control, including the means of production, exchange, publicity, transportation and communication. Short of this, Dewey argued, politics will remain “the shadow cast on society by big business.”
The truncated democracy that Dewey condemned has been left in tatters in recent years. Now control of government is narrowly concentrated at the peak of the income scale, while the large majority “down below” has been virtually disenfranchised. The current political-economic system is a form of plutocracy, diverging sharply from democracy, if by that concept we mean political arrangements in which policy is significantly influenced by the public will.
There have been serious debates over the years about whether capitalism is compatible with democracy. If we keep to really existing capitalist democracy – RECD for short – the question is effectively answered: They are radically incompatible.

Read more: here