Daniel Hannon MEP (Member of European Parliament) offers a brilliant defense of capitalism and market economies–and an attack on big government and the “too big to fail” mentality.
I can’t help but admire Mr. Hannon’s extraordinary ability to provide a brilliant and concise explanation of a problem faced by most western countries: big government and “corporatism”. Although Mr. Hannon doesn’t say so, the combination of big government + corporatism = fascism.
video 00:10:42
There was a time when I and most other legal reform advocates assumed that all “corporate government” was bad. Over time, I came to see that–as much as despise and distrust corporations–corporate government is at least a necessity and, properly conceived, a possible benefit for the People.
The fundamental question is not “Am I dealing with a governmental corporation?” but rather “Who owns–and therefore benefits from–the governmental corporation I’m dealing with? Am I presumed to be one of the beneficiaries of that corporation or merely one of its customers or even employees?” I.e., “Is the governmental corporation I’m dealing with a “public” corporation that is owned by all the People and therefore works for the best interests of the “public”/People–or is it a “privatized” corporation that’s owned by some private individuals and works for the best interests of those private individuals rather than for the best interests of the “People” in general?
President Barack Obama confers with Federal Reserve Chairman Ben Bernanke following their meeting at the White House. (Photo credit: Wikipedia)
The link below is to the A.D. 2005 documentary entitled “The Smartest Guys in the Room”. It’s the story of the Enron collapse that took place in A.D. 2001.
According to the documentary’s introduction,
“It had taken Enron 16 years to go from about $10 billion in assets to $65 billion in assets. It took them 24 days to go bankrupt.
“This company collapsed so quickly and so entirely . . . I mean it was into bankruptcy within a matter of weeks.”
Enron’s collapse was, for a corporation, figuratively similar to the “catastrophic failure” of a jet aircraft whose wing suddenly snaps off while in flight. The real causes of such catastrophic failure can build unseen for years as hairline fractures in the wing’s structure slowly grow. But a point is finally reached when the wing can’t take more stress and suddenly snaps, causing the plane to suffer an uncontrollable crash dive.
Image via Wikipedia
Noam Chomsky is a noted “liberal” whose politics lean to the “left”. His criticism of “corporate personhood” is interesting in that it indicates common ground between the complaints of the “liberals” and the complaints of the “legal reform community”–who are also trying to avoid “corporate personhood”.
Insofar as the the far-right and liberals both agree that corporate personhood is bad, we might be watching the beginnings of an “idea whose time has come”.
video 00:08:18
http://www.youtube.com/watch?v=no8zxGPyapU
Image by m_bahareth via Flickr
Genetically Modified Foods.
Video.
00:03:26
Very nice.
http://www.naturalnews.tv/v.asp?v=182992294657C10DF92D0EE27CEE8211
Image by seiuhealthcare775nw via Flickr
Here’s a video of a woman explaining why she was fired by Bank of America. Her story gives us a glimpse into the fundamental values and operations of major corporations–and the conflict between the inherent values of men and woman, and the inherent values of corporations
For corporations, it’s all about the money. Mo’ money, mo’ money, mo’ money. Everything the corporation does is measured in money. Anything that produces more money is “good”; that which produces less money is “bad”. Corporate “morality” is purely a matter of accounting.
Money is truly the “life blood” of corporations. Without money, a corporation is as dead as a man without oxygen. Every corporation’s entire system of values is based on one, all-consuming motive: the love (pursuit) of mo’ money which, incidentally, the Bible declares to be the “root of all evil”.
The United States of America is the single most extraordinary nation seen on this earth in the last 2,000 years. A high school student reportedly created the 4-minute video at http://www.youtube.com/watch?v=dkmxG5Ta3N0. That video offers some evidence of this Nation’s unique and unparalled history. We are truly “exceptional” and we not only deserve to survive based on our extroadinary spiritual foundation and history, we have a duty to ourselves and even our Father YHWH Elohiym to ensure that survival–even if we must take up arms against our purported “government” to do so.
The United States of America will not be destroyed by a handful of globalists, collectivists and treasonous whores masquerading as congressmen, senators, presidents and bureaucrats. I say and I pray, may our Father YHWH Elohiym DAMN the “private company” established in A.D. 1787 (two years before The Constitution of the United States was rafitied by conventions of the People) and called “Government of the United States” as described as http://www.manta.com/company/mmg5dxg.
In Part I, I introduced my notions concerning the “multiplied effect” of injecting “new” or “foreign” currency into a local economy. Economists claim that when a Chicago tourist spends $1,000 at Dallas, the local Dallas economy receives a “multiplied economic effect” of 3 to 7 times whatever was spent. In other words, if the Chicago tourist spends $1,000 at Dallas, the local Dallas economy receives an economic benefit equivalent to somewhere between $3,000 and $7,000.
