Berto Jongman: Capitalism in Crisis

Berto Jongman

Berto Jongman

The Zombie System: How Capitalism Has Gone Off the Rails

The data expose a dangerous malfunction in capitalism’s engine room. Banks, mutual funds and investment firms used to ensure that citizens’ savings were transformed into technical advances, growth and new jobs. Today they organize the redistribution of social wealth from the bottom to the top.

By Michael Sauga

Spiegel, 23 October 2014

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Oct 23

JZ Liszkiewicz: Secret Trade in Services Agreement (TISA) – Financial Services Annex

JZ Liszkiewicz

JZ Liszkiewicz

Secret Trade in Services Agreement (TISA) – Financial Services Annex

Today, WikiLeaks released the secret draft text for the Trade in Services Agreement (TISA) Financial Services Annex, which covers 50 countries and 68.2% of world trade in services. The US and the EU are the main proponents of the agreement, and the authors of most joint changes, which also covers cross-border data flow. In a significant anti-transparency manoeuvre by the parties, the draft has been classified to keep it secret not just during the negotiations but for five years after the TISA enters into force.

Despite the failures in financial regulation evident during the 2007-2008 Global Financial Crisis and calls for improvement of relevant regulatory structures, proponents of TISA aim to further deregulate global financial services markets. The draft Financial Services Annex sets rules which would assist the expansion of financial multi-nationals – mainly headquartered in New York, London, Paris and Frankfurt – into other nations by preventing regulatory barriers. The leaked draft also shows that the US is particularly keen on boosting cross-border data flow, which would allow uninhibited exchange of personal and financial data.

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Oct 23

Mini-Me: Ebola Wrap-Up — Robert Steele on Alex Jones at 6 PM EST Sunday

Who?  Mini-Me?

Who? Mini-Me?

Alex Jones Show

SUMMARY:

At the meta-level, the Ebola crisis is a perfect case study of why the UN (including the out-of-control Specialized Agencies such as the World Health Organization — WHO), the European Union (EU), and the North Atlantic Treaty Organization (NATO) need their own internal intelligence (decision-support) capabilities, and how corrupt intelligence has become at the Member State level — the US, specifically, lacks intelligence with integrity on Ebola, and no one in the White House or Congress has the intelligence — or the integrity — to see this as “core.”

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Oct 17

Berto Jongman: Harvard to Journal Publishers – Piss Off! Open Access Here We Come…

Berto Jongman

Berto Jongman

Harvard University says it can’t afford journal publishers’ prices

University wants scientists to make their research open access and resign from publications that keep articles behind paywalls

Exasperated by rising subscription costs charged by academic publishers, Harvard University has encouraged its faculty members to make their research freely available through open access journals and to resign from publications that keep articles behind paywalls.

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Oct 13

Owl: Dmitry Orlov on Ebola and Five Stages of Collapse — Financial, Commercial, Political, Social, Cultural

Who?  Who?

Who? Who?

Dmitry Orlov on Ebola and the Five Stages of Collapse

Orlov is one of the best futurists writing on society collapse, having witnessed and personally experienced the collapse of the Soviet Union. His book, Reinventing Collapse: The Soviet Experience and American Prospects http://www.amazon.com/Reinventing-Collapse-Experience-American-Prospects/dp/0865716854, is one of the best ever written in the collapse genre and necessary reading for anyone who is interested in this theme.

In 2008 he came up the a taxonomy of collapse, which he says occurs in 5 stages. The full article is here, http://cluborlov.blogspot.com/2008/02/five-stages-of-collapse.html and he has a book on it too.

Below is a summary of his five stages of collapse:

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Oct 13

CDC Ebola Guidance Doesn’t Add Up

Mongoose

Mongoose

From an expert observer upset with CDC’s betrayal of the public trust. We believe the US Government should nationalize the patents on Ebola, and radically over-haul CDC as well. The nationalization of the atomic bomb patents provides a precedent.

The U.S. Centers for Disease Control and Prevention (CDC) guidelines published for health care professionals attending to an Ebola, or suspected Ebola, patient, in a hospital or other healthcare setting, recommends a minimum of an N-95 mask during aerosol generating procedures [emphasis added] such as intubation.This recommendation may be dangerously inadequate and raises the specter of not only recklessly endangering health care workers, but also the public at large, undermining confidence in the health care system.

In the 24 hours since I wrote that opening paragraph, and submitted the first version of this article for publication, the Washington Post reported that a health care worker who attended to the Ebola patient in Dallas has since tested positive for Ebola. As further indictment of the dangerous insufficiency of the CDC guidelines, the article had this to say:

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Oct 12

Berto Jongman: Harry Bentham on Google’s Betrayal (and Hypocrisy…)

Berto Jongman

Berto Jongman

Google’s Cold Betrayal of the Internet

Harry J. Bentham

IEET, 10 October 2014

Google Inc.’s 2013 book The New Digital Age, authored by Google chairman Eric Schmidt and Google Ideas director Jared Cohen, was showered with praise by many, but attacked in a review by Julian Assange for the New York Times, where it is described as a “love song” from Google to the US state. Also addressed in Assange’s subsequent book When Google Met WikiLeaks, Google’s book makes an unconvincing effort to depict the internet as a double-edged sword, both empowering (p. 6) and threatening our lives (p. 7).

The popular internet, Google argues, might help defeat the US’s “authoritarian” opponents, but also threatens to aid “terrorism” (p. 9) (Google’s word for cypherpunks and anti-statists) against the US itself. Thus, Google argues, the internet is potentially disruptive and harmful to US national security priorities – as is the possibility of individuals being personally empowered by technology. Google laments the “anarchy” being caused by the “agents of chaos”: generations of tech-savvy individuals armed with modern personal technologies (p. 46-47, 59, 207-208). Anonymous and other clans of hackers, we are told, “might as well be terrorists” (p. 151-182).

This is fairly consistent with the ideas of former President George W. Bush, who famously warned graduates at West Point that the gravest danger to the United States is “at the crossroads of radicalism and technology.” This point of view, alongside its knuckle-dragging obsession with defeating “rogue states” and “terrorists”, places Google’s apparent value-system unambiguously within the neoconservative ideological camp. The case for “guiding” the path of the internet (p. 11, 36-39), in particular, sounds equally shy and unsustainable as the authoritarian regimes (p. 6) Google claims to oppose.

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Oct 12