Saturday, July 19, 2014

Money Matrix

Global Money Matrix

Given the corporatist influence that infects our halls of power, it is little wonder that tax dollars continue to fund unconstitutional spying, perpetual war, and neoliberal policies that extend the powers of the world’s richest individuals and organizations.  Increasingly, the actions taken by the world’s most powerful corporations and governments seem to be at odds with public perception and well-being.

Organisations, the level of influence ALEC's (American Legislative Exchange Council) private-sector members hold over its public-sector members has been controversial. According to the New York Times, "special interests effectively turn ALEC's lawmaker members into stealth lobbyists, providing them with talking points, signaling how they should vote, and collaborating on bills affecting hundreds of issues like school vouchers and tobacco taxes." The Free Lance-Star has reported that ALEC had "matured into one of Big Business's most effective lobbying tools." Chris Taylor, a Democratic Wisconsin state assemblyman who attended an ALEC conference in 2013, described ALEC as a "well-oiled machine" and said, "In my observation, it was the corporations and the right-wing think tanks driving the agendas. Corporations have a big say to the legislators in the model legislation that is adopted."

On July 13, 2011, the Center for Media and Democracy, in cooperation with The Nation, posted 850 model bills created over a 30-year period and created a web project, ALEC Exposed, to host these model bills.  The leak has been credited with triggering critical coverage about ALEC in both left-wing and mainstream media outlets, a decline in both public and private membership is starting to have an impact on Alec's financial health.  Lisa Graves (Center for Media and Democracy; Executive Director- she has served as a senior advisor in all three branches of the federal government and other posts) said that the difficulty the network was having in attracting back major corporate sponsors showed how vulnerable the network is to public scrutiny. "This is a reflection of the power of sunlight on their activities – for too many years they were operating largely in secret.  Corporations are sensitive to these issues."

The Dominant Culture (Globe Research)

When considering the human element in our societal structure, the question arises as to how human beings can act with such blatant disregard for damage incurred. There are varying figures assessing the percent of psychopathology among high level financial and corporate executives. In the general population, approximately 1% can be clinically diagnosed with sociopathic and psychopathic disorders. However, for the wealthy and power elite, estimates are higher.

Canadian psychiatrist Dr. Robert Hare estimates that 4 percent of corporate executives are clinically sociopathic.  Sherree DeCovny, a former high-powered investment banker now with CFA Financial Magazine, believes it is as high as 10 percent.  Figures from psychological surveys in the UK place estimates even higher, ya think Doc.?  Why else would it be so screwed!  You can't shame the shameless.

Psychologist Clive Boddy has argued that the psychopathological behavior of financial executives was a major cause of the 2007 economic collapse.  He also notes that individuals with the strongest psychopathic tendencies are those who tend to be promoted fastest. Research supports this claim. In a survey of 500 senior executives in the US and the UK, 26 percent observed firsthand wrongdoing in the workplace and 24 percent believed that it was necessary for professionals in the financial sector to engage in unethical and even illegal conduct in order to be successful.  Sixteen percent said they would commit insider trading if they were certain they could get away with it, and 30 percent said that the pressures of compensation plans were an incentive to break the law.  A true Jack Wagon.

The banks win by imprisoning the public in debt.  In the third quarter of 2013, consumer indebtedness reached $11.28 trillion.  2014 and every year thereafter will see household debt increase.  The majority of this debt, in the form of mortgages and outstanding home equity, student loans, auto loans, and credit cards, is money owed to the banking industry.  It is by keeping the masses indebted, securing government allegiance and protection to extract money from citizens, that bankers are able to control the economy.  

With that, this futuristic empire has over leveraged all investment vehicles to a point where if all investors call on possession, you would hear crickets.      

Holy Mother of Matrix, the public is like Neo and there's Agent Smiths' everywhere.  But like Neo deep in the Matrix, we all know the Smiths'.

Video uploaded by U Tube user trunkyi


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