Your browser does not support the HTML5 canvas tag.

25 May, 2018

Stock market: one of the biggest frauds in the age of financial capitalism


Lee Camp speaks with Tan Liu about his revealing book The Ponzi Factor, where Liu exposes all the big fraud of the stock market. Liu explains why the stock market, especially today, in the era of financial capitalism, is the purest definition of a Ponzi scheme:

The issue, of course, is profits from stocks and what makes a stock price move, is not the earnings and growth. It is actually money from another investor. Now, is there a connection at all with respect to earnings and growth and this price movement? Yes, it's called a speculative connection. It is not a legal one. It is not a logical one. It is not a definitive, or, a mathematical one.

The SEC defines three basic features of a Ponzi scheme:

One, it is an investment scenario.
Two, the investment profits come from other investors.
Three, the investors think the profits come from somewhere else.

What we can clearly observe every single day, every single moment the stocks are trading, is an event where the stock seller - an investor - sells it to another investor, taking some capital gains profit - if you'd lucky.

So, we have an investment scenario, we have profits that come from other investors, and those investors who are selling it, they think the money comes from somewhere else, like the growth of the underlying company. So, we have an event that we can witness every single day and we have a definition of a Ponzi scheme. The event matches a definition. Therefore it is a Ponzi scheme.


So, here is how the big companies are playing safe because they don't risk anything since the stock price is actually detached from their real assets and profits, but you are risking your money in a purely Ponzi scheme.

And here is how some jackals are getting away with it with a lot of real money in their pockets, while the rest micro-investors (the vast majority) are losing their money, especially after the burst of the bubble and the eruption of another big crisis.

Yes, this is not just financial capitalism. This is casino capitalism, which is worse than the ordinary casino because the game is 100% rigged.

The dirty role of key US NGOs briefly explained


Ukraine, Arab Spring, Syria, Venezuela. These are only some few geopolitical fields in which key US NGOs played a central role through dirty covert operations, aiming regime change.

This is not to say that all NGOs are Trojan horses. It is not the case that every group or program that receives money from US aid or the National Endowment for Democracy or a similar organization is thereby automatically a deep state change agent, that is not how the Trojan horse technique works, no. What makes these NGOs so effective as disguises for regime change operations is that much of the time they are doing what they claim to be doing providing aid assistance and charity where it is needed. It is for this very reason that the US and its allies can so effectively smear NGO skeptics as crazy.

Αμετανόητοι

Μα είναι κάτι πιο βαθύ που τους «λερώνει». Φώφη που πας; Μάνα θα πάω στον Κυριάκο…

του Κωνσταντίνου Ταχτσίδη

Αφού ζητήσω συγνώμη για το βάναυσο βιασμό των στίχων του Νίκου Καββαδία, πάμε στην ταμπακιέρα.

Ας μη σταθούμε στον συστηματικό -στα όρια του μαζοχισμού- εξευτελισμό του Κυριάκου Μητσοτάκη στη Βουλή ή τη, δίχως τέλος, "κατρακύλα" της Φώφης Γεννηματά. Ας πάρουμε τα πράγματα από την αρχή, ώστε να δούμε πιο είναι αυτό το "κάτι πιο βαθύ" που τους λερώνει... και τους ενώνει.

Πρέπει καταρχήν να αναγνωρίσουμε πως το δικομματικό σύστημα που χρεοκόπησε τη χώρα, μαζί με τα πρόθυμα ΜΜΕ, που έκρυβαν τις ειδήσεις κάτω από το μαξιλάρι τους, ήταν αναμφίβολα διορατικοί από την αρχή της κρίσης το 2009. Αναγνώρισαν τον εχθρό και “λόκαραν” πάνω του, μεθοδευμένα, το ρητορικό τους οπλοστάσιο ως φυσική συνέχεια του κοινωνικού αυτοματισμού της διακυβέρνησης Σημίτη.

Όχι βέβαια απέναντι στους ισχυρούς ή στη διαπλεκόμενη εξουσία που ξεζούμιζε επί δεκαετίες το δημόσιο χρήμα. Όχι. Ο «εχθρός» ήταν η σοκαρισμένη και βίαια φτωχοποιημένη κοινωνία.

«Ξύπνα δεν είναι όνειρο το χιόνι που μας καίει. Η φτώχεια είναι φρόνιμη αν νιώθει ότι φταίει», τραγουδάει στο «Σαράβαλο» ο Γιάννης Αγγελάκας. Και αυτό ακριβώς προσπάθησαν να κάνουν τη διετία 2009-2011. Να διαμοιράσουν συλλογικά το φταίξιμο. Έτσι το "μαζί τα φάγαμε", το "ζούσαμε πάνω απ' τις δυνατότητές μας" και η -πολύ βολική, ανεξιχνίαστη- δολοφονία των εργαζομένων στη Marfin, σχημάτισαν το ιδεολογικό υπόβαθρο μιας σχετικά μικρής τότε κοινωνικής ομάδας, που εκείνη την εποχή ο δημοσιογράφος Δημήτρης Μανιάτης θα ονόμαζε ευρηματικά, «φιλελέδες». Aυτά τα λούμπεν αστικά κατάλοιπα, θα σχημάτιζαν αργότερα τους «Μένουμε Ευρώπη» και τους «Παραιτηθείτε», ενώ σήμερα έχουν ενσωματωθεί σε μεγάλο βαθμό, στη ΝΔ του Κυριάκου Μητσοτάκη και του Άδωνη Γεωργιάδη.

Σύμφωνα λοιπόν με το αρχικό σχέδιο, έπρεπε σύσσωμη η μικρομεσαία τάξη να νιώσει βαθιά μέσα της την ενοχή που πήρε το δάνειο που «πάσαρε» η τράπεζα ή που έφαγε τυρόπιτα χωρίς απόδειξη. Την ίδια ώρα που, αποδεδειγμένα πλέον, πολυεθνικές όπως η Novartis, η Siemens και δεκάδες άλλες, ζημίωναν τα δημόσια ταμεία, υπερτιμολογόντας και "λαδώνοντας" κόμματα και πολιτικούς.

Το «μαζί τα φάγαμε» όμως δεν έφτανε από μόνο τους. Σε δεύτερη φάση, το σύστημα έπρεπε να πείσει πως συνυπεύθυνος για την κρίση, δεν ήταν η κακοδιαχείριση δεκαετιών, το πελατειακό κράτος, οι μίζες και η παρασιτική ελίτ, αλλά ο... λαϊκισμός και η ιδεολογική ηγεμονία της αριστεράς.

Πολιτικοί και κόμματα που είχαν κυβερνήσει και χρεοκοπήσει τη χώρα τα τελευταία 40 χρόνια, μαζί με καταρτισμένους στον κοινωνικό αυτοματισμό, δημοσιογράφους και ΜΜΕ, άρχισαν να προσαρμόζουν τη ρητορική τους στα νέα δεδομένα. Από εξειδικευμένη, η απόδοση ευθυνών γενικεύθηκε, γρήγορα και αποδοτικά.

Ο Κυριάκος Μητσοτάκης και η Φώφη Γεννηματά -και οι δύο γόνοι πολιτικών- επέστρεψαν και χθες στη Βουλή, στο ίδιο αφήγημα. Σα να μην τους έχει διδάξει τίποτα η κρίση που οι ίδιοι δημιούργησαν. Σα να μην αντιλαμβάνονται πως ακριβώς επειδή χρησιμοποίησαν αυτή την τακτική ως κυβερνήσεις, χρεοκοπήσαμε και εκκόλαψαν αδιαμφισβήτητα το «αυγό του φιδιού».

Ξαναθυμήθηκαν λοιπόν τους «αγανακτισμένους» προσπαθώντας ξανά να αποδώσουν στο κίνημα -και όχι στις εγκληματικές πολιτικές τους- την είσοδο στη Βουλή της εγκληματικής νεοναζιστικής οργάνωσης, Χρυσή Αυγή.

Ο ακραία ανεπαρκής και επικίνδυνος Κυριάκος Μητσοτάκης, έφτασε μάλιστα στο σημείο να κατηγορήσει τον πρωθυπουργό και το ΣΥΡΙΖΑ πως έκαψαν την Αθήνα το 2008. Τότε που σύσσωμη η οικογένεια Μητσοτάκη -όπως όλοι οι ακροδεξιοί- είχε ως πολιτική άποψη πως έπρεπε να βγει ο στρατός στους δρόμους της Αθήνας.

Βέβαια ο πρόεδρος της ΝΔ δε σταμάτησε εκεί. Έπαιξε όλα τα «βαριά» χαρτιά του… Άδωνη Γεωργιάδη. Ρουβίκωνες, Εξάρχεια, Μαρφίν, ανομία, μέχρι και το σπίτι που αγόρασε ο Πάμπλο Ιγκλέσιας των Ποδέμος ανέφερε ως επιχείρημα.

Είναι πλέον σαφές πως ΝΔ και ΠΑΣΟΚ (ποιο ΚΙΝΑΛ;) θέλουν να επιστρέψουν περισσότερο διψασμένοι για αίμα από ποτέ. Ως αμετανόητοι προστάτες μιας παρασιτικής αστικής τάξης, που συνεχίζει να σηκώνει το δάχτυλο στους αδύναμους και να διαχωρίζει τις εκδοχές της βίας που πρέπει να καταδικάσουμε.

Για να το πούμε σχηματικά εν είδει επιλόγου: Φανταστείτε, επί 40 χρόνια ένας πατέρας να κακοποιεί σεξουαλικά το ανήλικο παιδί του και μάλιστα να το εκδίδει και σε επιφανείς μεγαλοεπιχειρηματίες φίλους του, εισπράττοντας ποσοστό επι των κερδών. Και σα να μη φτάνει αυτό, στο δικαστήριο, για την υπεράσπιση του βιασθέντος ανήλικου, να εμφανίζεται ως δικηγόρος, ο ίδιος ο βιαστής πατέρας.

Αυτό είδαμε, πάλι, χθες...

Πηγή:

For Ecuador, currying favor with Washington is as simple as sacrificing Julian Assange

Ecuadorian President Lenin Moreno has made no secret of his annoyance with the man he refers to a “hacker,” calling Assange “a stone in his shoe” as Ecuador seeks to restructure itself as a trusted ally of the United States.

by Elliott Gabriel

Part 3 - Seeking favor with the “Empire”

President Moreno has made no secret of his annoyance with the man he calls a “hacker,” calling Assange “a stone in his shoe” as Ecuador seeks to restructure itself as a trusted ally of the United States. Moreno’s overtures to Washington follow a 10-year policy toward the U.S. under the former administration of leftist economist Correa, who sought to undo the neoliberalism and meddling imposed on the country through a progressive movement dubbed the “Citizens’ Revolution.”

Since coming to power last May, Moreno has sought to undo his former leader’s legacy in a frenzied process that detractors point to as proof of his treacherous “Judas” nature. This has included jailing deposed Vice President Jorge Glas, a close Correa confidant, on corruption grounds; sacking the cabinet appointed following his election; holding a referendum for the purpose of preventing Correa from seeking reelection; and imposing austerity measures on the state, including the dissolution or merger of government ministries.

One year ago in Ecuador, the Citizens’ Revolution won [the elections] thanks to 10 years of our extraordinary successes, but at the helm of the country there is now a traitor who applies the program of the Right and destroys all of our social achievements,” Correa told Italian newspaper l’AntiDiplomatico.

The “Judas Traidor” characterization was confirmed in the eyes of Correistas when Ecuador inked a new security cooperation agreement with the U.S. last month allowing a U.S. military team to renew “anti-drug and organized-crime” operations in the country following the mission’s expulsion in 2014 for allegedly conspiring against the Correa administration.

Much of the Latin American left, including Correa’s stalwarts, see the sacrifice of Assange as a betrayal of the anti-imperialist and anti-colonial legacy of the continent’s progressive movements. Supporters of Moreno, however, see Assange as an obstacle to developing Ecuador’s relations with potential partners in Europe and North America.

Commenting in the newspaper El Telegrafo, Father Pedro Pierre Riouffrait noted: “It is striking that a journalist would be accused of interference when his job is to inform. Rather, he should remain protected and should be assisted in regaining his freedom. [Assange] is one of those figures of world stature who is formed to live, suffer, face accusations and slander for defending one of humanity’s greatest causes: informing us of what exactly happens in our world when people, nations and freedoms are destroyed.

Source, links:


[1] [2]


Related:

24 May, 2018

An open letter to Federica Mogherini and the European imperative to save the Iran nuclear deal

Save the Iran nuclear deal

We, the undersigned, thank you for your speech on 8th May 2018, pledging the European Union’s intention to remain steadfast in its commitment to the historic accord concluded between Iran and the E3/EU+3, the so-called Joint Comprehensive Plan of Action (JCPOA). Too often, politicians have inclined to patronise and admonish, but, instead, you opted for a “universal language” of respect and dialogue. You proclaimed that “[t]his deal belongs to each and every one of us”, and that it enjoins us not to “let anyone dismantle this agreement”. But despite such salutary remarks, in the aftermath of the Trump administration’s public announcement to withdraw from the JCPOA and re-impose sanctions on Iran, the survival of the agreement is far from assured.

The majority of Iranians have demonstrated their heartfelt support for this hard-won diplomatic accord. They have shown their support through their two-time election of a president promising to initiate constructive dialogue with the world, patiently awaiting the outcome of a long and arduous series of negotiations despite the debilitating impact of sanctions on their everyday lives, celebrating in the streets of major Iranian cities when the JCPOA was successfully agreed upon, and finally, announcing their approbation of the agreement in over 100 cities across the globe in the weeks and months that followed.

In your speech you stated that “the European Union will remain committed to the continued full and effective implementation of the Nuclear Deal”. We wholeheartedly welcome this commitment, but as you are fully apprised, it is crucial that Europe is able to discharge its international obligations and ensure, despite U.S. sanctions, that Iran and its people enjoy the full economic and political dividends promised according to not only the letter, but also the spirit of the JCPOA. The IAEA has repeatedly verified Iran’s compliance and honouring of its commitments under the agreement, and this ought to be reciprocated in turn.

In an increasingly unstable global climate and ever-more precarious “age of extremes”, it is essential that one of the great diplomatic successes of the 21st century not find itself carelessly squandered. By your own estimation it took some twelve years for this agreement to be reached. If Europe in coordination with its Russian and Chinese partners prove unable to salvage the JCPOA, the likelihood of further instability in the region and even war increases exponentially.

While the JCPOA showed that diplomacy is possible, in view of recent events and President Trump’s reneging on the accord, the message to the world shouldn’t be that peace is inevitably transient and short-lived. For every one of us who is committed to fostering peace through reasonable dialogue and mutual understanding, preserving the integrity and viability of the JCPOA is of inestimable importance. Trust in the European Union, UN Security Council and wider international community is at stake, as well as their credibility to tackle many of the enormous challenges which lie ahead in the years to come.

The Iranian people backed peace and diplomacy. Now it is the responsibility of the international community to demonstrate that they made the right decision and that the promises that were made will be carried out and effectively realised. Failure is not an option. The alternative path is simply too costly, not only for the present generation, but for posterity as well.