The Model is the Message
about subprime mortgages is important but more important is to look at
the business model itself because the model is what is being referred to
as a "market-based" structure.
When our government was "reinvented" by Al Gore and Bill Clinton, the systems of government were designed to be "market-based". Essentially, they corporatized our government and the systems of government were designed to be management systems that crossed the boundaries of government into the private sector which, in effect, set up a system of socializing costs and privatizing profits.
The socialization of costs occurs because of the collectivization (aggregation) of like entities in the system design. In the case of MERS, records of mortgages were created and put into a database. The note was a separate record so that it could be traded without the ordeal involved in clearing the physical records of the mortgage.
It was intended that the MERS system would manage the records for all mortgagers and the financial sector so that they could trade the paper.
MERS is just one example. Another example is the "reformed" health care system that people are calling Obama Care. It's not really Obama Care. The redesign of our health care system began in 1990 with project being initiated during the George H.W. Bush administration.
In the "reformed" health care system, medical records are being collectivized into a database to be managed by a third party with access being provided to all interested parties (patient privacy of no concern).
The Health Insurance Exchange then becomes the "market manager" between the providers and the health insurance consumers - each of which are collectivized entities in the system design. The effect is that the government (HIE's are either state run or third party (federal contractors)) becomes the manager of the "market".
Over the weekend, Amanda Teegarden and I worked on a flyer for the Oklahoma legislators who are going to vote on the creation of the Oklahoma State Health Insurance
The intent was to make it absolutely clear to
legislators what they would be voting on:
As the model pertains to the utility companies, I described the "market" that was being created by utility regulators in my response to Idaho Power on the issue of the Smart Meters. The separation of electric generation from distribution and transmission, with the creation of "virtual electricity suppliers" is the creation of an artificial "market".
America's Talent Bank and Job Bank - same model
What all of these systems are is the implementation of "managed capitalism" which is an oxymoron. What it really is - is the communist system of collectivism as designed by Technocrats to produce a fascist system of a centrally planned, and managed economy.
The model IS the message.
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