News & Trends 25th July 2013

The New (Ab)normal: When 200 People Have More Wealth Than 3,500,000,000


The following brief video created by TheRules.org, using data sourced from this website, is the latest vivid demonstration of the most adverse (and dangerous) side effect of nearly five years, and counting, of global monetary intervention by central banks: a world in which the poor get poorer, the rich get richer, and the middle class disappears. The video's punchline "The richest 300 people on earth have as much wealth as the poorest 3 billion" is not exactly correct: in truth the situation is even worse: the richest 200 people have about $2.7 trillion, which is more than the poorest 3.5 billion people, who have only $2.2 trillion combined.

Of course, at that point details are irrelevant. The backup for the other facts used can be found here, although the conclusion hardly needs defending: the kind of wealth imbalance currently exhibited in the world is the stuff French revolutions are made off... and will be again, as soon as the final gate holding back generations of pent up anger and "financialization" (in which the middle class is robbed to make the "200" even wealthier) - the realization that the welfare state is broke and gone, just like tens of thousands of Detroit pensioner and retirees found out there hard way last week.
 
 Who Authorized Preparations for War with China?

Flickr_-_Official_U.S._Navy_Imagery_-_The_CNO_speaks_to_moderator_Michael_O'_Hanlon_at_the_Brookings_Institute_about_the_Air-Sea_Battle_concept.

Abstract—The Pentagon has concluded that the time has come to prepare for war with China, and in a manner well beyond crafting the sort of contingency plans that are expected for wide a range of possible confrontations. It is a momentous conclusion that will shape the United States’ defence systems, force posture, and overall strategy for dealing with the economically and militarily resurgent China. Thus far, however, the military’s assessment of and preparations for the threat posed by China have not received the high level of review from elected civilian officials that such developments require.

Seeds of Destruction: The Diabolical World of Genetic Manipulation.



Control the oil, and you control nations. Control the food, and you control the people.”* -Henry Kissenger
Seeds of Destruction: The Hidden Agenda of Genetic Manipulation” by F. William Engdahl is a skilfully researched book that focuses on how a small socio-political American elite seeks to establish control over the very basis of human survival: the provision of our daily bread.
This is no ordinary book about the perils of GMO.  Engdahl takes the reader inside the corridors of power, into the backrooms of the science labs, behind closed doors in the corporate boardrooms. The author cogently reveals a diabolical world of profit-driven political intrigue, government corruption and coercion, where genetic manipulation and the patenting of life forms are used to gain worldwide control over food production. If the book often reads as a crime story, that should come as no surprise. For that is what it is.
Engdahl’s carefully argued critique goes far beyond the familiar controversies surrounding the practice of genetic modification as a scientific technique. The book is an eye-opener, a must-read for all those committed to the causes of social justice and world peace.





 

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