|
The trigger for the Gold
Fever of Enron and the Reagan-Bush criminal network was the
Reagan Revolution.
Little did we know that it truly was a
revolution that would fundamentally change the nature of
government and it would set us on a path of national
suicide. In hindsight,
Reagan’s vision
was for corporate freedom - unleashing the giants to wreck
havoc on the Lilliputans - the regular people of the world.
From the
History of Money,
Author Gary Allen gives his
explanation:
"If one understands that socialism is not a share-the-wealth
programme, but is in reality a method to consolidate and
control the wealth, then the seeming paradox of super-rich
men promoting socialism becomes no paradox at all. Instead,
it becomes logical, even the perfect tool of power-seeking
megalomaniacs.
Communism or more accurately, socialism, is not a movement
of the downtrodden masses, but of the economic elite."
Tax reform reduced corporate taxes - leaving regular people
with the burden to make up the difference. Deregulation of
corporations, supply-side economics and public/private
partnerships are Reagan’s Legacy -
a legacy of socialism.
Government Of, By and For The People cannot co-exist with
socialism. It is the antithesis of socialism.
Reagan’s partner in crime for the ‘creative destruction’ of
the free world was Margaret Thatcher. She did the same for
Great Britain that Reagan did for us. In fact,
British ports are on the market
and it’s looking like an investment banking consortium led
by Goldman Sachs is trying to buy the rights to operate
them.
How many times did we hear the crowing about how Reagan’s
economic and defense policies brought down the Soviet
Union?Pardon my language - but, “What a Load!” Reagan’s
economic policies brought down the United States. It’s just
taken roughly 30 years to disintegrate our economy and our
institutions to the point of making it possible to collapse
the United States. That’s what the
Security & Prosperity
Partnership does. It is the official “America
Going Out of Business’ arrangement. It is the dissolution
of the United States as a sovereign nation operating under
authority of a Constitutional republican government.
'Free Trade' is the Trojan horse that was used to gut our
economy. It was a weapon of war that was far more effective
than a military operation - because we didn't expect to be
sold out by our own leaders.
The trade agreements were written to put domestic businesses
out of business by giving advantage to foreign
'competitors'. The advantages for foreign businesses
were great enough to cause U.S. business to leave our
country to become the advantaged foreign 'competitors.'
That allowed them to produce at third world prices -
reimporting their goods to sell at first world prices still
under totally domestic businesses.
They worked it just like a con game. They selected a
few winners in the deal that were used to show how 'free
trade' was benefiting the U.S. The selected
'losers' were scorned as whiners even and their protests of
unfair trade falls on deaf ears. It is in that way
that industry after industry has fallen in the U.S.
|
|
"We can hardly
expect the nation-state to make itself superfluous, at
least not overnight. Rather what we must aim for is really
nothing more
than caretakers of a bankrupt international machine which
will have to
be transformed slowly into a new one. The transition will
not be
dramatic, but a gradual one. People will still cling to
national
symbols."
-- Henry Morgenthau
CFR, Secretary of the Treasury under FDR
Source: 1945
|
|
1974
(TPA has
been
evolutionary.
1974 seems
to be the
date of
the
‘modern’
variation |
Fast Track
Trade
Promotion
Authority
Succinctly,
fast track
TPA gives
the
president
the
virtually
unlimited
power of
attorney
to
negotiate
trade
agreements.
In simple
terms,
this is
like
giving
your
neighbor
the power
of
attorney
over all
of your
assets
without a
clause
saying who
gets the
proceeds
from the
sale of
your
assets.
DOH!
Theoretically,
after the
president
negotiates
the
agreements,
the
Congress
reads them
and then
votes -
but we
know they
don’t read
anything -
they just
vote.
After all,
it’s not
their
businesses
and
property
that’s
being
sold.
“Background:
Fast track
is the
traditional
trade
negotiating
authority
granted by
Congress
that
allows the
President
to
negotiate
international
trade
agreements.
Under fast
track
procedures,
the
President
submits
the
legislation
to
Congress
for
approval
or
rejection.
No
amendments
are
allowed.
Congress
has ninety
legislative
days to
approve or
reject.
While
congressional
and
private
sector
leaders
are
consulted
throughout
the
negotiations,
the final
agreement
presented
as a
package
assures
our
trading
partners
that any
solutions
they
strike
with U.S.
trade
negotiators
will not
be
renegotiated
by
Congress.”
|
|
1989 |
The Brady
Plan
“The Brady
Plan, the
principles
of which
were first
articulated
by U.S.
Treasury
Secretary
Nicholas
F. Brady
in March
1989, was
designed
to address
the
so-called
LDC debt
crisis of
the
1980's.
The debt
crisis
began in
1982, when
a number
of
countries,
primarily
in Latin
America,
confronted
by high
interest
rates and
low
commodities
prices,
admitted
their
inability
to service
hundreds
of
billions
of dollars
of their
commercial
bank
loans.
Because
many of
these
countries'
economies
were then
dependent
on
commercial
bank
financing,
continued
debt
reschedulings
and the
resulting
perception
of
uncreditworthiness
led to a
"lost
decade" of
economic
stagnation,
during
which
voluntary
international
credit and
capital
flows to
these
nations
and their
private
sectors
all but
halted.
The Brady
Plan was
very
successful
in several
important
respects.
First, it
allowed
the
participating
countries
to
negotiate
substantial
reductions
in their
overall
levels of
debt and
debt
service.
Second,
it
succeeded
in
diversifying
sovereign
risk away
from
commercial
bank
portfolios
more
widely
throughout
the
financial
and
investment
communities.
Third, it
encouraged
many
Emerging
Markets
countries
to adopt
and pursue
ambitious
economic
reform
programs.
Finally,
the Brady
Plan has
enabled
many
Emerging
Market
countries
to regain
access to
the
international
capital
markets
for their
financing
needs.”
“Structural
adjustment
was the
centerpiece
of the
Baker
Plan,
which the
Reagan
administration
proclaimed
during the
IMF-World
Bank
meeting in
Seoul in
1985.
World Bank
and IMF
funds to
assist the
indebted
countries
make their
interest
payments
were
promised
on
condition
that they
adopted
'economic
policies
along
Reaganomic
lines -
privatization
of state
enterprises,
an end to
subsidies,
opening
the
economies
to foreign
investment.'
In the
debtors'
view,
notes
Lissakers,
'the
proposed
reforms
... went
much
further
than the
standard
IMF
nostrums
on
devaluation,
reductions
in
public-sector
borrowing
requirement
and
control
over the
money
supply,
and
decontrol
of wages
and
prices, '
and were
tantamount
to
'putting
the
national
patrimony
on the
block.'
They
realized
that
structural
adjustment
was, as
Sheahan
describes
it, a
program
that 'was
more
extreme
than
anything
that could
have been
seriously
considered
at the
beginning
of the
1960s.'”
[1]
|
|
1988 |
Committee
on Foreign
Investment
in the
United
States (CFIUS)
was
authorized
to review
sales of
U.S.
assets to
foreign
entities
HISTORY
The
Committee
on Foreign
Investment
in the
United
States (CFIUS),
an
interagency
committee
chaired by
the
Department
of
Treasury,
was
authorized
through
the Exon-Florio
Amendment
to the
Omnibus
Trade and
Competitiveness
Act (1988)
to review
and
potentially
block
foreign
acquisitions
of U.S.
companies
that
threaten
to impair
U.S.
national
security.
Exon-Florio
was not
adopted to
halt or
slow
foreign
investment;
rather,
the
Amendment
solely
focused on
those
transactions
that
implicate
U.S.
national
security
interests.
"National
security"
was
deliberately
left
undefined
as to
allow for
the
greatest
presidential
control
and
discretion
when
determining
whether to
block a
transaction.
CFIUS
includes
the
following
12
members:
the
Director
of the
Office of
Science
and
Technology
Policy,
the
Assistant
to the
President
for
National
Security
Affairs,
the
Assistant
to the
President
for
Economic
Policy,
Secretaries
of
Treasury
(Chair),
State,
Defense,
Homeland
Security
and
Commerce,
the
Attorney
General,
the
Director
of the
Office of
Management
and
Budget,
the U.S.
Trade
Representative,
and the
Chairman
of the
Council of
Economic
Advisers.
|
| |
| George H.W. Bush signed Executive Order 12803 calling for the sell off of U.S. infrastructure assets. This Executive Order was posted in only two places that the research could find. One was on the website of the trade association for the U.S. Water Industry [6]- no doubt because they plan to use the WTO trade agreements to try and force the sale of U.S. water supplies, systems and natural resources. The other website was Cornell University [7]. It's also posted here because Executive Order 12803 should be widely known especially after the Dubai Port debacle. |
|
|
1987 |
Black
Monday -
Stock
Market
Crash
“OWEN
ULLMANN:
Not quite
with a Fed
Chairman,
but if you
go back to
1987, the
stock
market
crash
then,
it was
triggered
by
comments
that then
Treasury
Secretary
James
Baker
made about
the value
of the
dollar
versus the
mark. And
a lot of
people
thought
that that
statement--“
“In the
stock
market,
the top
fifteen
sellers on
October 19
accounted
for 20
percent of
the total
sales, or
$25
billion.
Index
arbitrage
involved
about $1.7
billion
worth of
stock. In
the
futures
market,
the
concentration
of trading
among big
players
was even
more
significant.
Portfolio
insurers
sold $4
billion
worth of
stock
index
futures
contracts,
which was
about 40
percent of
the public
volume.
The top
ten
sellers
accounted
for 50
percent of
the volume.
“Following
the 1987
stock
market
crash,
President
Reagan
called on
Mr.
[Nicholas]
Brady
to serve
as
chairman
of the
Presidential
Task Force
on Market
Mechanisms.
The Brady
Commission
recommended
reforms
that were
subsequently
adopted.
The
commission
recommended
the
Federal
Reserve
Board
become a
''supercop"
overseeing
financial
market
regulation
and
coordinating
''circuit
breakers"
such as
trading
halts on
stock and
price
limits on
futures.
This set
us up for
the
dot.con
tech boom
|
FINAL DAYS: EVERYTHING MUST GO! |