Michel Bauwens: Difficult Birth – the Financial Transaction Tax

Economics/True Cost, Innovation, Knowledge, Politics
Michel Bauwens

Brilliant and funny video on the Tobin Tax  Via Willy De Backer

Video “Difficult Labour” for the financial transaction tax of Oxfam Germany with Heike Makatsch, Mark Waschke, Stephan Grossman & Rike Eckermann.

YouTube (2:08)

More info at: http://www.oxfam.de/schweregeburt

Music: The Communards – Don't Leave Me This Way

See Also:

A Tax Revolution – Replace All Taxes On Few with One Tiny Tax on All Transactions Including Stock and Currency Trades
….1 21st Century Governance Revenue (Plain English)
….2 21st Century Governance Revenue (Business-Speak)
….3 21st Century Governance Revenue (Economist-Speak)
….4 Dr. Edgar Feige, Professor of Economics
….5 References on Government Revenue and Economy
….6 Discussion of the APT Tax

Theophillis Goodyear: How American Democracy Became the Property of a Commercial Oligarchy

Civil Society, Corruption, Government, Politics
Theophillis Goodyear

Feast of Fools: How American Democracy Became the Property of a Commercial Oligarchy

Huffington Post, 20 August 2012

Cross-posted with TomDispatch.com

[A longer version of this essay appears in “Politics,” the Fall 2012 issue of Lapham's Quarterly; this slightly shortened version is posted at TomDispatch.com with the kind permission of that magazine.]

All power corrupts but some must govern. — John le Carré

The ritual performance of the legend of democracy in the autumn of 2012 promises the conspicuous consumption of $5.8 billion, enough money, thank God, to prove that our flag is still there. Forbidden the use of words apt to depress a Q Score or disturb a Gallup poll, the candidates stand as product placements meant to be seen instead of heard, their quality to be inferred from the cost of their manufacture. The sponsors of the event, generous to a fault but careful to remain anonymous, dress it up with the bursting in air of star-spangled photo ops, abundant assortments of multiflavored sound bites, and the candidates so well-contrived that they can be played for jokes, presented as game-show contestants, or posed as noble knights-at-arms setting forth on vision quests, enduring the trials by klieg light, until on election night they come to judgment before the throne of cameras by whom and for whom they were produced.

Best of all, at least from the point of view of the commercial oligarchy paying for both the politicians and the press coverage, the issue is never about the why of who owes what to whom, only about the how much and when, or if, the check is in the mail. No loose talk about what is meant by the word democracy or in what ways it refers to the cherished hope of liberty embodied in the history of a courageous people.

Read full article.

Eagle: President Obama Tells the Truth – A Good First Step – But Can He Turn On A Dime & Force Electoral Reform in 30 Days?

Innovation, Knowledge, P2P / Panarchy, Politics
300 Million Talons…

Republicans pounce on Obama remark: ‘You can't change Washington from the inside'

He has not been able to change the ‘tone’ in Washington, Obama says, calling that ‘disappointing.’

President Obama — who ran his 2008 campaign on the promise of “hope and change” — made a surprising admission after four years in office on Thursday: “You can't change Washington from the inside.”

Republicans immediately pounced on the president's seemingly off-the-cuff remark, which came after Mitt Romney's campaign had endured days of attacks over the GOP candidate's own unscripted comments at a secretly-recorded May fundraiser.

“His slogan was ‘Yes we can,'” an energized Romney declared at a rally in Sarasota, Fla. “His slogan now is ‘No I can't!'”

Obama made the comment in response to a question about his “biggest failure” at a Univision town-hall forum in Miami on Thursday.

In a nod to the mostly-Latino audience, Obama first mentioned his inability to pass immigration reform, before admitting to the larger failing.

“Obviously, the fact that we haven't been able to change the tone in Washington is disappointing,” he said.

“And I think that I've learned some lessons over the last four years and the most important lesson I've learned is that you can't change Washington from the inside,” the president continued. “You can only change it from the outside.”

Read full article.

Continue reading “Eagle: President Obama Tells the Truth – A Good First Step – But Can He Turn On A Dime & Force Electoral Reform in 30 Days?”

NIGHTWATCH: Afghanistan – One Attack, $150 Million in Losses

Civil Society, Economics/True Cost, Ethics, Government, Knowledge, Military, Peace Intelligence, Politics

Attack on Camp Bastion: The Taliban strike on Camp Bastion in Helmand Province destroyed more than $150 million worth of planes and equipment, Western officials said on 16 September. Military officials said the insurgents destroyed six AV-8B Harrier jets and three refueling stations. Two other Harrier aircraft and six soft-skin aircraft hangars were significantly damaged in the attack.

Comment: An investigation of this security breach is in progress. As with other similar attacks, the success of this attack almost certainly indicates the attackers had extensive intelligence provided by insiders and inside assistance in penetrating the bases at the time of attack

NIGHTWATCH KGS Home

Continue reading “NIGHTWATCH: Afghanistan – One Attack, $150 Million in Losses”

Dolphin: One More Veil Lifted on the Muslim Attack Film

Culture, Politics
YARC YARC

Media for Christ and Steve Klein, a California insurance salesman — but where did he get the money?

Players behind anti-Muslim film that incited protests in Mideast linked by anger toward Islam

EXTRACTS:

“I'd say this was the most unprofessional professional film I've worked on,” said Moers, who estimated the cost of production at $100,000. “I don't think anyone took it seriously.”

He said he was paid with a check issued on the account of Abanob Basseley Nakoula, the 20-year-old son of the purported filmmaker.

. . . . . . . .

Media for Christ President Joseph N. Abdelmasih has not spoken publicly.

Tax records for the charity do not identify any donors other than Abdelmasih, who lent the organization at least $30,000. He did not return phone messages and an email sent to the charity. Kamal Rizk, listed as vice-president on federal records, did not return several phone messages.

. . . . . . .

The Media for Christ offices are located just off a freeway and next to a mall with big-box stores in the quiet Los Angeles suburb of Duarte. There is no sign on the building identifying the non-profit.

. . . . . . .

Klein has a long history of anti-Muslim activities. He founded Courageous Christians United, which conducts protests outside abortion clinics, Mormon temples and mosques. He also started Concerned Citizens for the First Amendment, which preaches against Muslims and publishes volumes of anti-Muslim propaganda that Klein distributes. The Southern Poverty Law Center says they have been tracking Klein for several years and have labeled two of the organizations he is affiliated with as hate groups.

Read full article.

Related:

Chuck Spinney: America, the Muslims, and a Video That Went from Zero to Mach 2 – Origin of the Video Known, Who Took It Into Arabia and Africa Not Known

Josh Kilbourn: “Some Kind of Bizarre Intelligence Operation” Says Actor in Sam Basile Anti-Muhammad Video “Innocence of Muslims”

YouTube (13:50) Sam Bacile Muhammad Video – the Covert Action Film Inflaming Muslims

Gold Trasnformer: SWIFT Against Iran – Huge Mistake, Now SWIFT At Risk

Economics/True Cost, Money, Politics
Gold Transformer

From Jim Sinclair's MineSet:

What this article really said, if you have the eyes to see it, is that China has a system in place to offset the effect of being shut out of the SWIFT system, the economic nuclear weapon of the West. That proves that the premature threat and use of the SWIFT system against Iran will have rendered this economic weapon useless in the future. The mistake the West made prematurely using the economic weapon, the SWIFT system, will come back to haunt the West as extremely expensive. Had this not been used prematurely, it could have shut down major nation’s economic processes by electronically deleting the enemy from the SWIFT system. Therefore the taking and making of settlement on international transaction would have fallen back on only the gold a nation had. Everyone had gotten lazy so both enemies and friends were settling international transactions on SWIFT. History will see this as the mistake of the century. Now all opposed to each other have or are developing their own electronic payment system free of SWIFT.

Click on Image to Enlarge

Dollar no longer primary oil currency – China begins to sell oil using Yuan

Kenneth Schortgen Jr.

Wed, 12 Sep 2012 22:00 CDT

On Sept. 11, Pastor Lindsey Williams, former minister to the global oil companies during the building of the Alaskan pipeline, announced the most significant event to affect the U.S. dollar since its inception as a currency. For the first time since the 1970′s, when Henry Kissenger forged a trade agreement with the Royal house of Saud to sell oil using only U.S. dollars, China announced its intention to bypass the dollar for global oil customers and began selling the commodity using their own currency.

Comment: Lindsey Williams: “The most significant day in the history of the American dollar, since its inception, happened on Thursday, Sept. 6. On that day, something took place that is going to affect your life, your family, your dinner table more than you can possibly imagine.”

“On Thursday, Sept. 6… just a few days ago, China made the official announcement. China said on that day, our banking system is ready, all of our communication systems are ready, all of the transfer systems are ready, and as of that day, Thursday, Sept. 6, any nation in the world that wishes from this point on, to buy, sell, or trade crude oil, can do using the Chinese currency, not the American dollar. – Interview with Natty Bumpo on the Just Measures Radio network, Sept. 11

This announcement by China is one of the most significant sea changes in the global economic and monetary systems, but was barely reported on due to its announcement taking place during the Democratic convention last week. The ramifications of this new action are vast, and could very well be the catalyst that brings down the dollar as the global reserve currency, and change the entire landscape of how the world purchases energy.

Ironically, since Sept. 6, the U.S. dollar has fallen from 81.467 on the index to today’s price of 79.73. While analysts will focus on actions taking place in the Eurozone, and expected easing signals from the Federal Reserve on Thursday regarding the fall of the dollar, it is not coincidence that the dollar began to lose strength on the very day of China’s announcement.

More…

Beth Noveck: Demand a more open-source government

P2P / Panarchy, Politics

A lawyer by training and a techie by inclination, Beth Noveck works to build data transparency into government.

How can our data strengthen our democracies? In her work, Beth Noveck explores what “opengov” really means–not just freeing data from databases, but creating meaningful ways for citizens to collaborate with their governments.

Continue reading “Beth Noveck: Demand a more open-source government”