This
post is meant for any and all of you who are wondering just exactly WHYam I pointing
out this information about the mass arrests and resignations that are taking
place among the high level banking and corporate world – including 450 resignations from world banks,
investment houses and money funds – list current to 3/15/12.
Americankabuki Addendum :
It is not
known under what circumstances these individuals have left their positions, I
make no judgement on that. I find the timing of so many resignations extremely
curious and a temporal marker in history of high significance. No one should
assume I make any judgment about the character of these people. I frankly don't
know their reputations except for a few rather famous ones.
This list
includes Banks, Investment Houses, Sovereign Wealth Funds, Equity Funds,
Savings Retirement Funds and other shadow banking organizations. The line is
very blurry between these entities, some are owned by banks some are banks,
some invest in banks as well as owning entire industries (common in Hong Kong
and Japan).
We
are moving into a new time, a new age some say as we are coming to what some
call the “end times”. Are these the end
of the world (Armageddon) or just the end of an age that has been predicted for
2012 by many cultures? The mainstream media is not going to be helpful
informing us as the changes are happening and to be “forewarned is to be
forearmed” as the saying goes. There is unrest among the people, rumors and
dis-information to create and generate fear of a WWIII nuclear war, executive
orders which usurp even more of our liberty/freedom from the people. Meanwhile the “haves” get more and the “have-nots”
have even less.
Just
yesterday, I read an article posted on the 4 Winds10 website entitled, Whose
Recovery? Many Remain in Critical Condition” Below, I have inserted a few of
the interesting points quoted from that article.
For
luxury retailers, owners of high-end restaurants, sellers of upscale cars,
vacation planners, financial advisors, and personal coaches, as well as their customers
and clients the recession is over. The
recovery is now full speed for the top 10%, meanwhile protesters are rallying
against economic injustice.
“But
the rest of America is not enjoying an economic recovery. It’s still sick. Many Americans remain in
critical condition...it’s almost a certainty that all the gains went to the top
10 percent, and that the lion’s share to the top 1 percent, with almost a third
of the gains to the 15,600 super-rich households in the top one-tenth of one
percent.”
“According
to an analysis of the tax returns by Emmanuel Saez and Thomas Pikkety, the top
1 percent pocketed 93 percent of the gains in 2010, while 37 percent of the
gains went to the top one-tenth of one percent.
No one below the richest 10 percent saw any gain at all.”
Most
of the bottom 90 percent have lost ground, for those who are still employed,
their AGI was down $127 from 2009 in 2010 and a whopping $4,843 from 2000.
These
numbers are all adjusted for inflation, and do not take into account those who
are on “fixed incomes”. Specifically
seniors whose investment and retirement plans were decimated by events such as
the bursting of the “dot.com” and housing bubbles, the 2008 “too big to fail”
bank bail outs and have been negatively affected by the double digit inflation
which ensued, which reduced their dollar’s purchasing power for survival
necessities (think food, gasoline, heat, utilities).
Many
seniors are now completely dependent upon the receipt of their monthly social
security (with no cost of living adjustment for two of the past three
years). Their 40 to 50 years of working
years savings and investments were wiped out all while they were contributing
to the wealth of the corporate CEO’s for whom they gave their most productive
years working, paying into social security and taxes.
For
many the week or so before their next social security check arrives are plagued
by questions such as:
Will
there be enough food to eat until the next check comes?
Can
I afford to drive to visit family and still buy food and gas?
Will
I be able to pay for heat until it gets warm again in spring?
Am
I going to be able to meet the rent or mortgage payment this month?
So
I ask you to ponder these thoughts from some great thinkers below as we decide
how much longer we are going to allow these control freaks, who for some reason
believe they are entitled to steal our liberty, freedom, life energy (money)
and sustenance.
Only
as long as we continue to allow them to do so.
Until
next time...
Merlyn
"The
ideal tyranny is that which is ignorantly self administered by its victims. The
most perfect slaves are, therefore, those which blissfully and unawaredly
enslave themselves."
~Dresden
Jameson
"It does not require a majority to prevail,
but rather an irate, tireless minority
keen to set brush fires in people's minds."
~Samuel Adams
Do not fear the enemy,
for your enemy can only take your life. It is far better that you fear the
media, for they will steal your HONOR. That awful power, the public opinion of
a nation, is created in America
by a horde of ignorant, self-complacent simpletons who failed at ditching and
shoemaking and fetched up in journalism on their way to the poorhouse. -
-Mark Twain.
