The truth at any cost lowers all other costs — curated by former US spy Robert David Steele.
Watch the intro video on the idea of imagining that you, as president, have instigated an initiative in 2020 to collect ideas and participation from throughout the world to help cure an incurable disease 100 million Americans are infected with http://foresight.breakthroughstocures.org
Also see: http://blog.breakthroughstocures.org
On January 11 at 9 a.m. EST, Google will host a live event on its brand new Science Fair YouTube Channel. More details about the fair will be announced then; we’re assuming the site will be fleshed out at that time, as well.
The global science competition is being hosted in partnership with CERN (the European Organization for Nuclear Research), LEGO, National Geographic and Scientific American. The goal is “to create a new kind of online science competition that is more global, open and inclusive than ever before.”
Teachers who want to receive classroom materials, including posters, stickers and bookmarks, as well as get registration information, can start signing up now.
Thanks to those posting to Mashable's Twitter feed (source article).
Phi Beta Iota: The existence of double sets of books is now coming to light. As best we can tell from various public discussions, the operating budgets are deliberately in the red and used to borrow money, at the same time that out-sourced services and “asset rents” are in the black. We honestly do not know what the true situation is, but we do know that the amount of falsehood and fraud in the “system” is deep.
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Overdrawn American cities could face financial collapse in 2011, defaulting on hundreds of billions of dollars of borrowings and derailing the US economic recovery. Nor are European cities safe – Florence, Barcelona, Madrid, Venice: all are in trouble
Elena Moya, guardian.co.uk, Monday 20 December 2010
More than 100 American cities could go bust next year as the debt crisis that has taken down banks and countries threatens next to spark a municipal meltdown, a leading analyst has warned.
Continue reading “US$2 Trillion debt crisis threatens 100 US cities”
The author is a former chief economist of the IMF and is now a professor at MIT. Chuck
By Simon Johnson, co-author of 13 Bankers (out in paperback on Monday)
Baseline Scenario, 9 January 2011
Highlighted extracts:
The Bill Daley Problem is completely bipartisan – it shows us the White House fails to understand that, at the heart of our economy, we have a huge time bomb.
…largest U.S. banks – have far too little equity and far too much debt relative to that thin level of equity…
Today’s most dangerous government sponsored enterprises are the largest six bank holding companies: JP Morgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, and Morgan Stanley.
No one can show significant social benefits from the increase in bank size, leverage, and overall riskiness over the past 15 years. The social costs of these banks – and their complete capture of the regulatory apparatus – are apparent in the worst recession and slowest recovery since the 1930s.
Paul Volcker gets it; no wonder he has resigned. Mervyn King, governor of the Bank of England, gets it. Tom Hoenig, president of the Kansas City Fed, gets it. Elizabeth Warren, the tireless champion of consumer rights, gets it. Gene Fama, father of the efficient financial markets view, gets it better than anyone.
This is not a left-right issue – again, look at the list of people who co-signed Professor Admati’s recent letter to the Financial Times. This is a question of technical competence. Do the people running the country – including both the executive branch and the legislature – understand economics and finance or not?
Top bankers, including Bill Daley, have pulled off a complete snow job – including since the crisis broke in fall 2008. They have put forward their special interests while claiming to represent the general interest.
Bill Daley now controls how information is presented to and decisions are made by the president. Daley’s former boss, Jamie Dimon, is the most dangerous banker in America – presumably he now gets even greater access to the Oval Office. Daley is on the record as opposing strong consumer protection for financial products;… [Emphasis added.]
Phi Beta Iota: Our generous and well-intentioned philanthropists appear to be unaware that the Federal Reserve, Morgan Chase, and Citi-Bank have pulled a Bernie Maddoff on them–they think they are being “taken care of” at the very moment when everything they have worked so hard for is most vulnerable to a massive melt-down. The control of the President's mind and time is the ultimate victory for anyone seeking to control the White House. It is “checkmate” against We the People. None of the bureaucracies in the Executive–and certainly not the so-called “intelligence community”– are capable of rescuing the President–he is a happy captive.
First they ignore you, then they laugh at you,
then they fight you, then it appears in the Harvard Business Review,
and then you win while Harvard claims it was their idea…
Mohandas Karamchand Gandhi (apocryphal)
The capitalist system is under siege. In recent years business increasingly has been viewed as a major cause of social, environmental, and economic problems. Companies are widely perceived to be prospering at the expense of the broader community.
Even worse, the more business has begun to embrace corporate responsibility, the more it has been blamed for society’s failures. The legitimacy of business has fallen to levels not seen in recent history. This diminished trust in business leads political leaders to set policies that undermine competitiveness and sap economic growth. Business is caught in a vicious circle. [Emphasis added.]
Phi Beta Iota: Legitimacy is the foundation of good order and commerce. That Harvard is beginning to get this is a very good sign. The authors also skirt the most interesting point, which is that “who does what” is changing, and we (this they do not address) are moving toward HYBRID networks that accomplish things together, on the basis of SHARED INFORMATION and consensus sense-making. When Alvin Toffler introduced in detail the concept of PowerShift, the most powerful concept he brought forward was that of information being a substitute for time, space, capital, and labor–and violence over the same–he was setting the stage for moving beyond the age of date or information, and into the age of cyber-collaboration to create shared value–what one author calls Non-Zero. NOW we are finally starting to get somewhere…toward what Tom Altee calls Evolutionary Activism driven by advanced cyber-information operations: creating shared value begins with creating shared information.
See Also:
Continue reading “Reference: Harvard Discovers “Shared Value””
A Concise History of the Rise and Fall of the Enviro Establishment
How Green Became the Color of Money
By JEFFREY ST. CLAIR, Counterpunch
Part I
New Year's Edition
December 31, 2010 – January 2, 2011
EXTRACT: Watt, Gorsuch, Levelle and Crowell were magnificent villains for fundraising: direct mail revenues of the top environmental groups exploded tenfold from 1979 to 1981. Green became the color of money, and the rag-tag band of hardcore activists who populated the Hill in the 1970s gave way to a cadre of Ivy League-educated lobbyists, lawyers, policy wonks, research scientists and telemarketers. Executives enjoyed perks and salaries that rivaled those of corporate CEOs.
A Concise History of the Rise and Fall of the Enviro Establishment
How Green Became the Color of Money
By JEFFREY ST. CLAIR, Counterpunch
Part II
Weekend Edition
January 7 – 9, 2011
By the end of Reagan’s second term, the big environmental organizations were well-pickled in the political brine of Washington, with freshness and passion drained out.
. . . . . .
EXTRACT: Under instructions from Bush, Lujan ordered the Bureau of Land Management to fast track the purchase of the Goldstrike Mine by Barrick Resources, a Toronto-based company controlled by financier Peter Munk. The way thus lubricated, Barrick acquired the 1,800 acre gold mine near Elko, Nevada, for the princely sum of $9,500. By the time the mine is shuttered, the Goldstrike will yield an estimated $10 billion in gold. In 1995, in consideration for his favors, George Bush was invited to join Barrick’s board of advisers.
Phi Beta Iota: The work of Jeffrey St. Claire and CounterPunch are representative of public intelligence in the public interest–the work suffers from being isolated and lacking holistic integrity–there is no means for the public to “connect the dots” or evaluate each predatory move in situ and in context. That is the emergent challenge and opportunity of the 21st Century.
Business ShamanismUsing the tools of corporations to reprogram global society and distribute a new cultural operating system
Image by fdcomite, courtesy of Creative Commons license.
Now that the Evolver network and brand have established themselves to a certain extent, I want to look ahead to developments I hope to see in the near future, with this organization and other initiatives. For the next phase of development, I propose the term “business shamanism.” “Corporate alchemy” would be a viable alternative.
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We tend to forget that Roosevelt's New Deal was not a good-hearted gift to the working classes but a compromise to stave off mass uprising. The current oligarchy has determined that it will make no such deal this time around. I suspect they assume that the pulverizing of the populace with mind-numbing media, psychotropic drugs, police state tactics, and poison food had the desired effect. And they may be right.
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Phi Beta Iota: Below the line are excerpts. Click on the title to read the entire rant. The author is educated and thoughtful, his rant is provoking and worth studying.
Continue reading “Weak Signals: Reality Sandwich Business Shamanism”
