A crash is coming, and the powers that be know it, although they all swear none ever see a bubble forming. How we know it is they are busily trying to avoid it, well, in USBanking style solution, keep the profits and pass the losses on to the taxpayers. In 2008 they did this in USA. They are preparing specific steps to pass their losses on to taxpayers worldwide in the coming debacle.
As you read through it, recall all free trade is unilateral. Any agreement necessarily contradicts free trade, so no trade agreement can ever result in "free trade." Internal contradiction.
And this is why these odious events keep happening, because the people in the commanding heights putatively criticizing the acts mislead their students:
Good banks, like Beal Bank, which was prosecuted by the Feds for not doing the wrong other banks were doing, will get prosecuted as well until all are in line. This will go on among all of the countries involved.
Of course this should be stopped, the names of the people involved collected, social security numbers noted, dismissed from government and otherwise be obliged to return to the semi-private sector. These adventures should be frowned upon.
Remember, the governments are taking these steps because the know the system will come down. The solution is to go the opposite direction.
Feel free to forward this by email to three of your friends.
“The draft Financial Services Annex sets rules which would assist the expansion of financial multi-nationals – mainly headquartered in New York, London, Paris and Frankfurt – into other nations by preventing regulatory barriers,” WikiLeaks said in a statement. “The leaked draft also shows that the US is particularly keen on boosting cross-border data flow, which would allow uninhibited exchange of personal and financial data.”Wikileaks has posted the item here, and it is amazing for its specificity, and the comprehensiveness of the range, and keep in mind this is only one chapter of the agreement.
As you read through it, recall all free trade is unilateral. Any agreement necessarily contradicts free trade, so no trade agreement can ever result in "free trade." Internal contradiction.
And this is why these odious events keep happening, because the people in the commanding heights putatively criticizing the acts mislead their students:
Dr. Patricia Ranald, a research associate at the University of Sydney and convener of the Australian Fair Trade and Investment Network, told the paper that the documents suggest the US wants to “tie the hands” of other governments, including allied ones, by way of sheer deregulation.Dr. Ranald, how can something be a regulation and not a regulation at the same time? Socrates 101. By "criticizing" this as "deregulation," the facts are twisted to suggest the solution is re-regulation. This is the Trotsky version of hegelian dialectic, where a bad thesis is countered with a false antithesis to derive a worse synthesis. Nothing is being deregulated. If any deregulation was going on, things would improve. Different regulations are being instituted, and a whole lotta "policy laundering" going on. The five years secrecy allows congress to auction off their votes in time to implement bad policies which will be foisted on all bankers in the agreement zone.
Good banks, like Beal Bank, which was prosecuted by the Feds for not doing the wrong other banks were doing, will get prosecuted as well until all are in line. This will go on among all of the countries involved.
Of course this should be stopped, the names of the people involved collected, social security numbers noted, dismissed from government and otherwise be obliged to return to the semi-private sector. These adventures should be frowned upon.
Remember, the governments are taking these steps because the know the system will come down. The solution is to go the opposite direction.
Feel free to forward this by email to three of your friends.
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