Saturday, April 16, 2011

Corporations Rising

I have been writing that the whole reason for all of what is happening in finance is for the corporations to take complete control of the economic paradigm.  After abandoning real economic philosophy sometime when the merchants of Venice began to have bullion banks, corporations of sorts began to spring up and create pseudo economic philosophies.  Just as any philosophies, never has there been one with complete understanding.  This is the first rule of philosophy; the truth is there, and one may come close to finding it, but the nature of being human means we will never find the absolute.  The matter lies in how well one walks through the fire.

Adam Smith forgot to use nature as a restraint, and then Keynes embellished on this by writing that spending  can facilitate growth because nature is unlimited.  The combination of these two philosophies has desecrated the economic landscape.  The nature of physics may be unlimited, but there is no way we are going to capture the unlimitedness before we find that we too are unlimited.  Corporate boardrooms and political playdates will not benefit this search, and really the only way is to search deep inside oneself.  Before we find true economics, we must find ourselves.

Hyperinflation, if you will entertain the thought, will not benefit the governments.  It will show their policies to be flawed.  Just as the political sphere pits one side against another, in a Hegel dialectic, so does economics.  Austrian is the only counterpart, and though it may be more accurate than the idiotic Keynesian theory, it is not absolute.  Once again, no philosophy is.  Philosophy is ever changing, as we are, because we are still learning and will never stop.

My theory that corporations were purposely trying to destroy government took a turn for the worse, in respect that I was sure I was right and disappointed by it, when I watch Paul Krugman deliver his Nobel acceptance speech.  In it, he concluded that firms are to lead the new world, rather than governments.  I am not going to dissect it to much, as I should not waste my time, but I will say, everyone should study one's opponent, and Krugman laid his plans bare.  Firms will rise over governments.

Ideologically they have made this possible.  People are upset with the US government, but forget that Nike still uses slave labor.  People have watched Bernanke butcher the lower and middle class, but still they buy Apple products, made by slave labor.  Democrats and Republicans alike agree there is something wrong with America, but rarely mention that General Electric is a beast of burden.  GE pays no taxes, but Jeff Immelt is in charge of White House corporate policy.  The Daley is Chief of Staff, straight from the House of Morgan.  The list of corporate sponsorship goes on and on and back to before the turn of the 20th century.  The plans were laid long ago, and they are about to wrap.

More harmful than any one plan was the control of fiscal and monetary policy.  The gold and silver standard was abandoned, led by the banking Houses of Rockefeller and Morgan, and run roughshod by every President not assassinated during the course of the Federal Reserve Bank's legacy.  Men like Don Regan and Hank Paulson have decreed corporations the beneficiary to tax payers, instead of tax payers benefiting themselves for their hard work.  This and the rest of the world has gone along with this Americanization of government, making really no place safe from the fascist control of governments.

So as for the end game, the dollar will fall, as it was meant to, and corporations, having capabilities such as lending arms, means of services, and equipment, will benefit, as the governments are bankrupt, in part because the corporations have been bailed out from the sea of rising fascism.  The world will ask to be saved, and with the last resort being global banks instead of Federal Banks, the move into a one world currencie will be made.  Then, the corporations which still have their assets and balanced books will rise, and Paul Krugman will say he told everyone so.

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