Tag Archives: corporate media

The US economy has not recovered and will not recover

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By Paul Craig Roberts

Source: Intrepid Report

The US economy died when middle class jobs were offshored and when the financial system was deregulated.

Jobs offshoring benefitted Wall Street, corporate executives, and shareholders, because lower labor and compliance costs resulted in higher profits. These profits flowed through to shareholders in the form of capital gains and to executives in the form of “performance bonuses.” Wall Street benefitted from the bull market generated by higher profits.

However, jobs offshoring also offshored US GDP and consumer purchasing power. Despite promises of a “New Economy” and better jobs, the replacement jobs have been increasingly part-time, lowly-paid jobs in domestic services, such as retail clerks, waitresses and bartenders.

The offshoring of US manufacturing and professional service jobs to Asia stopped the growth of consumer demand in the US, decimated the middle class, and left insufficient employment for college graduates to be able to service their student loans. The ladders of upward mobility that had made the United States an “opportunity society” were taken down in the interest of higher short-term profits.

Without growth in consumer incomes to drive the economy, the Federal Reserve under Alan Greenspan substituted the growth in consumer debt to take the place of the missing growth in consumer income. Under the Greenspan regime, Americans’ stagnant and declining incomes were augmented with the ability to spend on credit. One source of this credit was the rise in housing prices that the Federal Reserve’s low interest rate policy made possible. Consumers could refinance their now higher-valued home at lower interest rates and take out the “equity” and spend it.

The debt expansion, tied heavily to housing mortgages, came to a halt when the fraud perpetrated by a deregulated financial system crashed the real estate and stock markets. The bailout of the guilty imposed further costs on the very people that the guilty had victimized.

Under Fed Chairman Bernanke, the economy was kept going with Quantitative Easing, a massive increase in the money supply in order to bail out the “banks too big to fail.” Liquidity supplied by the Federal Reserve found its way into stock and bond prices and made those invested in these financial instruments richer. Corporate executives helped to boost the stock market by using the companies’ profits and by taking out loans in order to buy back the companies’ stocks, thus further expanding debt.

Those few benefitting from inflated financial asset prices produced by Quantitative Easing and buy-backs are a much smaller percentage of the population than was affected by the Greenspan consumer credit expansion. A relatively few rich people are an insufficient number to drive the economy.

The Federal Reserve’s zero interest rate policy was designed to support the balance sheets of the mega-banks and denied Americans interest income on their savings. This policy decreased the incomes of retirees and forced the elderly to reduce their consumption and/or draw down their savings more rapidly, leaving no safety net for heirs.

Using the smoke and mirrors of under-reported inflation and unemployment, the US government kept alive the appearance of economic recovery. Foreigners fooled by the deception continue to support the US dollar by holding US financial instruments.

The official inflation measures were “reformed” during the Clinton era in order to dramatically understate inflation. The measures do this in two ways. One way is to discard from the weighted basket of goods that comprises the inflation index those goods whose price rises. In their place, inferior lower-priced goods are substituted.

For example, if the price of New York strip steak rises, round steak is substituted in its place. The former official inflation index measured the cost of a constant standard of living. The “reformed” index measures the cost of a falling standard of living.

The other way the “reformed” measure of inflation understates the cost of living is to discard price rises as “quality improvements.” It is true that quality improvements can result in higher prices. However, it is still a price rise for the consumer as the former product is no longer available. Moreover, not all price rises are quality improvements; yet many prices rises that are not can be misinterpreted as “quality improvements.”

These two “reforms” resulted in no reported inflation and a halt to cost-of-living adjustments for Social Security recipients. The fall in Social Security real incomes also negatively impacted aggregate consumer demand.

The rigged understatement of inflation deceived people into believing that the US economy was in recovery. The lower the measure of inflation, the higher is real GDP when nominal GDP is deflated by the inflation measure. By understating inflation, the US government has overstated GDP growth.

What I have written is easily ascertained and proven; yet the financial press does not question the propaganda that sustains the psychology that the US economy is sound. This carefully cultivated psychology keeps the rest of the world invested in dollars, thus sustaining the House of Cards.

John Maynard Keynes understood that the Great Depression was the product of an insufficiency of consumer demand to take off the shelves the goods produced by industry. The post-WW II macroeconomic policy focused on maintaining the adequacy of aggregate demand in order to avoid high unemployment. The supply-side policy of President Reagan successfully corrected a defect in Keynesian macroeconomic policy and kept the US economy functioning without the “stagflation” from worsening “Philips Curve” trade-offs between inflation and employment. In the 21st century, jobs offshoring has depleted consumer demand’s ability to maintain US full employment.

The unemployment measure that the presstitute press reports is meaningless as it counts no discouraged workers, and discouraged workers are a huge part of American unemployment. The reported unemployment rate is about 5%, which is the U-3 measure that does not count as unemployed workers who are too discouraged to continue searching for jobs.

The US government has a second official unemployment measure, U-6, that counts workers discouraged for less than one-year. This official rate of unemployment is 10%.

When long term (more than one year) discouraged workers are included in the measure of unemployment, as once was done, the US unemployment rate is 23%. (See John Williams, shadowstats.com)

Fiscal and monetary stimulus can pull the unemployed back to work if jobs for them still exist domestically. But if the jobs have been sent offshore, monetary and fiscal policy cannot work.

What jobs offshoring does is to give away US GDP to the countries to which US corporations move the jobs. In other words, with the jobs go American careers, consumer purchasing power and the tax base of state, local, and federal governments. There are only a few American winners, and they are the shareholders of the companies that offshored the jobs and the executives of the companies who receive multi-million dollar “performance bonuses” for raising profits by lowering labor costs. And, of course, the economists, who get grants, speaking engagements, and corporate board memberships for shilling for the offshoring policy that worsens the distribution of income and wealth. An economy run for a few only benefits the few, and the few, no matter how large their incomes, cannot consume enough to keep the economy growing.

In the 21st century US economic policy has destroyed the ability of real aggregate demand in the US to increase. Economists will deny this, because they are shills for globalism and jobs offshoring. They misrepresent jobs offshoring as free trade and, as in their ideology, free trade benefits everyone, claim that America is benefitting from jobs offshoring. Yet, they cannot show any evidence whatsoever of these alleged benefits. (See my book, The Failure of Laissez Faire Capitalism and Economic Dissolution of the West.)

As an economist, it is a mystery to me how any economist can think that a population that does not produce the larger part of the goods that it consumes can afford to purchase the goods that it consumes. Where does the income come from to pay for imports when imports are swollen by the products of offshored production?

We were told that the income would come from better-paid replacement jobs provided by the “New Economy,” but neither the payroll jobs reports nor the US Labor Department’s projections of future jobs show any sign of this mythical “New Economy.”

There is no “New Economy.” The “New Economy” is like the neoconservatives promise that the Iraq war would be a six-week “cake walk” paid for by Iraqi oil revenues, not a $3 trillion dollar expense to American taxpayers (according to Joseph Stiglitz and Linda Bilmes) and a war that has lasted the entirety of the 21st century to date, and is getting more dangerous.

The American “New Economy” is the American Third World economy in which the only jobs created are low productivity, low paid nontradable domestic service jobs incapable of producing export earnings with which to pay for the goods and services produced offshore for US consumption.

The massive debt arising from Washington’s endless wars for neoconservative hegemony now threaten Social Security and the entirety of the social safety net. The presstitute media are blaming not the policy that has devastated Americans, but, instead, the Americans who have been devastated by the policy.

Earlier this month I posted readers’ reports on the dismal job situation in Ohio, Southern Illinois, and Texas. In the March issue of Chronicles, Wayne Allensworth describes America’s declining rural towns and once great industrial cities as consequences of “globalizing capitalism.” A thin layer of very rich people rule over those “who have been left behind”—a shrinking middle class and a growing underclass. According to a poll last autumn, 53 percent of Americans say that they feel like strangers in their own country.

Most certainly these Americans have no political representation. As Republicans and Democrats work to raise the retirement age in order to reduce Social Security outlays, Princeton University experts report that the mortality rates for the white working class are rising. The US government will not be happy until no one lives long enough to collect Social Security.

The United States government has abandoned everyone except the rich.

In the opening sentence of this article, I said that the two murderers of the American economy were jobs offshoring and financial deregulation. Deregulation greatly enhanced the ability of the large banks to financialize the economy. Financialization is the diversion of income streams into debt service. When debt service absorbs a large amount of the available income, the economy experiences debt deflation. The service of debt leaves too little income for purchases of goods and services and prices fall.

Michael Hudson, whom I recently wrote about, is the expert on financialization. His book, Killing the Host, which I recommended to you, tells the complete story. Briefly, financialization is the process by which creditors capitalize an economy’s economic surplus into interest payments to themselves. Perhaps an example would be a corporation that goes into debt in order to buy back its shares. The corporation achieves a temporary boost in its share prices at the cost of years of interest payments that drain the corporation of profits and deflate its share price.

Michael Hudson stresses the conversion of the rental value of real estate into mortgage payments. He emphasizes that classical economists wanted to base taxation not on production, but on economic rent. Economic rent is value due to location or to a monopoly position. For example, beachfront property has a higher price because of location. The difference in value between beachfront and non-beachfront property is economic rent, not a produced value. An unregulated monopoly can charge a price for a service that is higher than the price that would bring that service unto the market.

The proposal to tax economic rent does not mean taxing you on the rent that you pay your landlord or taxing your landlord on the rent that you pay him such that he ceases to provide the housing. By economic rent Hudson means, for example, the rise in land values due to public infrastructure projects such as roads and subway systems. The rise in the value of land opened by a new road and housing and in commercial space along a new subway line is not due to any action of the property owners. This rise in value could be taxed in order to pay for the project instead of taxing the income of the population in general. Instead, the rise in land values raises appraisals and the amount that creditors are willing to lend on the property. New purchasers and existing owners can borrow more on the property, and the larger mortgages divert the increased land valuation into interest payments to creditors. Lenders end up as the major beneficiaries of public projects that raise real estate prices.

Similarly, unless the economy is financialized to such an extent that mortgage debt can no longer be serviced, when central banks lower interest rates property values rise, and this rise can be capitalized into a larger mortgage.

Another example would be property tax reductions and legislation such as California’s Proposition 13 that freeze in whole or part the property tax base. The rise in real estate values that escape taxation are capitalized into larger mortgages. New buyers do not benefit. The beneficiaries are the lenders who capture the rise in real estate prices in interest payments.

Taxing economic rent would prevent the financial system from capitalizing the rent into debt instruments that pay interest to the financial sector. Considering the amount of rents available to be taxed, taxing rents would free production from income and sales taxation, thus lowering consumer prices and freeing labor and productive capital from taxation.

With so much of land rent already capitalized into debt instruments shifting the tax burden to economic rent would be challenging. Nevertheless, Hudson’s analysis shows that financialization, not wage suppression, is the main instrument of exploitation and takes place via the financial system’s conversion of income streams into interest payments on debt.

I remember when mortgage service was restricted to one-quarter of household income. Today mortgage service can eat up half of household income. This extraordinary growth crowds out the production of goods and services as less of household income is available for other purchases.

Michael Hudson and I bring a total indictment of the neoliberal economics profession, “junk economists” as Hudson calls them.

Markets Ignore Fundamentals And Chase Headlines Because They Are Dying

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By Brandon Smith

Source: Alt-Market.com

Normalcy bias is a rather horrifying thing. It is so frightening because it is so final; much like death, there is simply no coming back. Rather than a physical death, normalcy bias represents the death of reason and simple observation. It is the death of the mind and cognitive thought instead of the death of the body.

Ever since the derivatives collapse of 2008 the public has been regaled with wondrous stories of recovery in the mainstream to the point that such fantasies have become the “new normal”. These are grand tales of the daring heroics of central bankers who “saved us all” from impending collapse through gutsy monetary policy and no-holds-barred stimulus measures.

Alternative economists have not been so easy to dazzle. Most of us found that the recovery narrative lacked a certain something; namely hard data that took the wider picture into account. It seemed as though the mainstream media (MSM) as well as the establishment was attempting to cherry-pick certain numbers out of context while demanding we ignore all other factors as “unimportant.”

We just haven’t been buying into the magic show of the so called “professional economists” and the academics, and now that the real and very unstable fiscal reality of the world is bubbling to the surface, the general public will begin to see why we have been right all these years and the MSM has been utterly wrong.

Mainstream economists have done absolutely nothing in the way of investigative journalism and have instead joined a chorus cheerleading for the false narrative, singing a siren’s song of misinterpreted statistics and outright lies drawing the masses ever nearer to the deadly shoals of financial crisis.

Why do they do this? Are they part of some vast conspiracy to mislead the public?

Not necessarily. While central banks and governments have indeed been proven time and again to collude in efforts to cover up financial dangers, most economists in the media are simply greedy and ignorant. You have to remember, they have a considerable stake in this game.

Many mainstream economists tend to have sizable investment portfolios and they base their careers partly on the successes they garner in the annual profits they accumulate playing the equities roulette. They also have invested so much of their public image into their pro-market and recovery arguments that there is no going back. That is to say, they have a personal interest in using their positions in the media to engineer positive market psychology (if they are able) so that their portfolios remain profitable. Not to mention, their professional image is at stake if they ever acknowledge that they were wrong for so long about the underlying health of the real economy.

This atmosphere of deluded self interest also generates a cult-like collectivist attitude. There is a lot of mutual back scratching and mutual ego stroking in the MSM; a kind of inbred conduit of regurgitated arguments and unoriginal talking points, and people in the club rarely step out of line because they not only hurt their own investment future and career, they also hurt everyone in their professional circles.  Meaning, no more cocktail party invitations to the Forbes rumpus room…

This is not to say that I am excusing their self interested lies and disinformation. I think that many of these people should be tarred and feathered in a public square for attempting to dissuade the public from preparing in a practical way for severe economic instability. I do not think they see themselves as being responsible to the people who actually take their nonsense seriously and their attitude needs adjustment. I am only explaining how it is possible for an entire profession of supposed “experts” to be so wrong so often. Mainstream financial analysts WANT to believe their own lies as much as many in the public want to believe them.

Like I said, normalcy bias is a rather horrifying thing.

One of the root pieces of disinformation in the mainstream that feeds all other lies is the disinformation surrounding falling global demand. MSM pundits cannot and will never fully admit to the cold hard reality of collapsing demand within the global economy. If they are forced to admit to falling demand, then the facade of a steady or recovering U.S. economy crumbles.

I covered the facts behind falling global demand for raw goods and consumer goods last year in part one of my six-part article series, ‘One Last Look At The Real Economy Before It Implodes.’ The hard evidence and numbers I presented have only become more important in recent months.

For example, U.S. inventories are building and freight shipments are declining in the U.S. as retailers cite falling demand for goods as the primary culprit. Official retail sales numbers for the holiday season of 2015 have come in flat. When one takes into account real inflation in prices, consumer sales are actually far in the negative. According to the more accurate methods the U.S. government used to use in their calculations of CPI in the 1980’s, we are looking at annual price inflation rate of around 7%. Price inflation does not necessarily equal improved sales.

Energy usage has been crushed since 2008. Despite a growing population and supposedly a growing economic system, oil consumption in 2014 according to the World Economic Forum dropped to levels not seen since 1997.

This is the exact opposite of what should be happening and it is the opposite of mainstream projections for oil consumption made back in 2003. This is why inventories and storage for oil across the globe are reaching capacity in a manner never seen before. American demand for oil is not growing exponentially as expected because Americans cannot afford to support such growth anymore. Falling energy demand at these extreme levels is an undeniable indicator of a failing economic system.

Of course, mainstream economists in their desperation to keep market psychology rolling forward and the equities casino producing profits seek to spin this problem as an “oversupply” issue rather than a demand issue. And this is where the disparity in their arguments begins to bleed through.

Here is the problem presented in the mainstream; what came first, the chicken or the egg? Did falling demand lead to oversupply and thus a fall in prices? Or, is demand remaining steady and is overproduction the cause of falling prices?  Yes, let’s confuse the issue instead of looking at the obvious.

As already linked above, it was falling demand which came first in 2008, and demand which continues to fall in relation to past trends. Have producers failed to reduce oil production to match falling demand? Yes. But this does not change the fact that oil demand today is well below levels needed to sustain the kind of economic growth markets have come to expect. Mainstream economists attempt to distract by hyper-focusing on supply, or twisting the discussion into an either/or scenario. Either it is a supply problem, or it is a demand problem, and they assert it is only a supply problem. This is not reality.

In fact, both can and often do exist at the same time, though one problem usually feeds the other. Falling demand does tend to result in oversupply in any particular sector of the economy. The bottom line, however, is that in our current crisis demand is the driving force and supply is a secondary issue. Supply is NOT the driving force behind the volatility in oil markets. Period.

This same chicken and egg distraction rears its ugly head in discussions on shipping markets as well.

The mainstream claim that the historic implosion of the Baltic Dry Index is nothing more than a problem of “too many ships” operating in the cargo market has been throttled, dissected and debunked so many times that you would think that it is surely dead. But the lie just will not die.

Mainstream propaganda houses like The Economist and Forbes continue to produce articles on a regular basis which deny the issue of falling demand for raw goods and claim that oversupply of vessels is the root cause of the BDI losing around 98 percent of its value since its highs in 2008.

I haven’t seen any of these articles offer actual stats or evidence to back their claims that oversupply of ships is the culprit and that demand is not a legitimate issue. But beyond that, why does the mainstream seem so hell bent on dismissing the BDI as a reliable economic indicator? Well, because shipping rates fall when demand falls, thus, when the BDI falls, it signals a lack of global demand. This is a fact they refuse to accept. When the BDI falls by 98 percent since the 2008 highs preceding the derivatives crisis, this signals a disaster in the making.

So, let’s stamp out the “too many ships came first” disinformation once and for all, shall we?

Shipping companies like Maersk Lines have already publicly admitted that falling global demand is the core problem behind falling rates and that supply is a secondary driver. They view the current financial crisis to be “worse than 2008”.

The fact that the largest shipping company in the world is warning of falling demand does not seem to be having any effect on the mainstream talking heads, though.

So, what do major shipping companies do when demand is falling and too many ships are operating on the market? Do they field those ships anyway and drive rates down even further? No, that makes no sense.

What companies do is either leave ships idle in port or scrap them. According to BIMCO (Baltic And International Maritime Council), 2015 was the busiest year since 2012 for the scrapping of older ships to make way for new arrivals. This process of scrapping ships or storing them idle destroys the argument that too many ships are driving falling rates in the BDI. In fact, as chief shipping analyst Peter Sand of BIMCO stated last year:

“The increase in Capesize scrapping comes at a much needed time for the market. Looking at the development so far this year the fleet growth has actually been negative, with a reduction of 0.8 %.”

I hope the garbage peddlers at Forbes and The Economist caught that — NEGATIVE growth of ship supply, not massive over-growth of ship supply. The scrapping increase was also across the board for other models of ships, not just the Capsize, and the increase of cargo capacity by new ships has been negligible.  Yet, shipping rates continue to plummet to historical lows.  Only falling demand, as Maersk Lines admits, explains the crash of the BDI in light of this information.

China in particular has been offering considerable incentives to those companies that do scrap older ships, to the point that some are even scrapping semi-new ships in order to cash in.

Now, this is not to say there is not an “oversupply” of ships. There are indeed many ships within cargo fleets that are not in operation. But again, this is because demand has declined so completely that even with increased scrapping and idling, shipping companies cannot keep up.  Falling demand OCCURRED FIRST, and oversupply is nothing more than a symptom of this root problem.

So, mainstream hacks, can we please put the “too many ships” nonsense to rest and get on with a real discussion on obvious issues of demand?  Stop focusing on the symptoms and examine the cause for once.

These are just a few of the hundreds of fundamental problems plaguing the global economy today, and they are all problems that the mainstream continues to ignore or dismiss out of hand. Which brings us to the now accelerating volatility in stock markets.

Stock markets are crashing, there is no other way to paint it. They are crashing incrementally, but crashing nonetheless. When you have violent swings in equities and commodities between 5 percent and 10 percent a day, then something is very wrong with your economy and has been wrong for some time. If global consumption and demand were really steady or growing, then you would not see the kind of systemic backlash in the financial system that we are now seeing.  If companies listed on the Dow were making legitimate profits due to a healthy consumer base and enjoying solid expansion, stocks would not be increasingly volatile.  If investors and mainstream analysts actually looked at the real numbers in demand (among other things), then the strange behavior in markets would be easy for them to understand. They will not look at such numbers until it is too late.

Instead, markets have chosen to chase headlines, and here is where the ugly circle of normalcy bias and cognitive dissonance completes itself. There are no positive indicators within the fundamentals today to energize market faith or market investment. So, investors and algorithmic trading computers track news headlines instead. The MSM hacks now have the power (along with central banks and governments) to create massive stock rallies with one or two carefully placed news tags, such as “Russia To Discuss Oil Production Cuts With OPEC.”

Market speculators and trading computers jump on these headlines without verifying if they are true. In most cases, they end up being false or just hearsay from an “unnamed source.” And so, the markets then crash further down into the abyss, waiting for the next headline to bolster activity even for a day.

The sad truth is, if any of these headlines turned out to be legitimate, their effect would still be meaningless in the long run as the overwhelming weight of the fundamentals continues to topple poorly placed optimism. Now that the investment world no longer has the certainty of central bank intervention as a useful tool, they don’t know if bad news is good news or if good news is bad news. The fact that the system is moving into a death spiral without the psychological crutch of central bank stimulus measures should tell you all you need to know about the supposed recovery since 2008.

No society wants to admit economic failure or economic sabotage, and this is why the con-game is able to continue in the face of so much concrete truth. Ultimately, the market trends and economic trends will flow into the negative. In the meantime, expect massive market rallies, rallies which will then disintegrate in a matter of days. And, whatever happens, never take what mainstream economists say very seriously. They have failed the public for long enough.

The Popular Myth of Democracy in America

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By Stephen Lendman

Source: SteveLendmanBlog

No nation in world history promised more and delivered less to its citizens and people worldwide. None more greatly threatens world peace – putting humanity’s survival up for grabs like never before.

None did more harm to more people globally over a longer duration. None matches the menace it represents – a presstitute media supported fascist gangster state willing to risk destroying planet earth to own it, run by a bipartisan criminal class.

From inception, America was always run by the people who own it, as first Supreme Court Chief Justice John Jay explained.

John Adams believed power belonged exclusively to the rich, well-born and able. Today it’s about monied interests in charge – deciding who holds all top positions in government, elected and appointed.

People have no say whatever. Ignore electoral politics, intended solely to deceive – manipulating people to believe new bums are more worthy than current ones.

Voting is a waste of time, accomplishing nothing. Duopoly power rules.

America is a one-party state with two wings, indistinguishable from each other on issues mattering most – militantly pro-war, pro-business, anti-populist no matter what names and faces hold top positions.

Police state laws enforced by powerful security forces at the federal, state and local levels assure wealth and privilege interests are exclusively served at the expense of public welfare.

Elections are farcical, exercises in theater, not democracy. Candidates for the nation’s top offices are cardboard cutouts of each other, distinguishable only by their disingenuous rhetoric – promises made, forgotten and broken once in office.

The public interest be damned. People are used, not served, deceived to believe politicians represent them.

Embedded power runs America, politicians serving entrenched interests exclusively, chosen for that reason. Ordinary people thinking their enfranchisement matters are living in a fantasy world.

Government of, by and for the people is the grandest of grand hoaxes. Media scoundrels perpetuate the myth with all the familiar slogans and high-minded posturing.

Jimmy Carter was right last summer calling America an “oligarchy with unlimited political bribery…a complete subversion of our political system as a payoff to major contributors.”

Republicans and Democrats operate by the same corrupted standards. “(U)nlimited) money” serves their interests at the expense of constituents they represent.

America’s system is too debauched to fix. It’s too late for tinkering around the edges.

A complete makeover is needed – a popular revolution, replacing oligarchy with grassroots democracy for the first time in the nation’s history, freed from money control.

Today is the most perilous time in world history. We have a choice.

Accept the status quo, its endless wars, oligarch control over the greater good, unprecedented wealth disparity between rich and all others, along with harsh crackdowns on nonbelievers and risk of potential humanity destroying nuclear war – or refuse any longer to tolerate a system responsible for so much harm and misery to so many people worldwide.

Survival depends on choosing wisely. What kind of world do you want to live in? What kind do you want your children to inherit?

 

Stephen Lendman lives in Chicago. He can be reached at lendmanstephen@sbcglobal.net. 

His new book as editor and contributor is titled “Flashpoint in Ukraine: US Drive for Hegemony Risks WW III.”

http://www.claritypress.com/LendmanIII.html

Visit his blog site at sjlendman.blogspot.com. 

2016 The Year Ahead

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By Neil Kramer

Source: NeilKramer.com

2016 will rigorously test people’s readiness to embody their truth. Can we live the wisdom and transformation we’ve been cultivating over years of study, journeying, and contemplation? Can we summon the strength to have our outside accurately reflect our inside? Are we ready to run our own world yet?

In many schools of mystical study, polarity is a key principle. The student is taught that everything in life is dual. All phenomena have pairs of opposites, as observed in the primal forces of birth and death, day and night, order and chaos, joy and sorrow. Over time, through experientially mapping and understanding the interplay of each set of polarities in our own lives, we may gradually determine a point of equilibrium that reveals the hidden teachings of these mysterious fluctuations. What we must be careful to avoid, is clinging to just one end of life’s naturally divergent polarizations. And herein lie the trials set forth in the world’s current crises.

At every turn, the synthetic culture of Empire implores us to throw our hearts and minds into unconscious polarization. It wants us to radicalize ourselves to either patriot or terrorist, believer or atheist, white or black, liberal or conservative, strong or weak, and then embark on an endless crusade to reform, condemn, or destroy the other side. This one-way polarization renders all participants impotent, regardless of which side they pick. This subtle but devastating trick deactivates our will and we automatically forfeit our capacity to rule ourselves. Lost in unconscious polarization, we serve Empire.

Nevertheless, whilst Empire’s constant telegraphing of fear can be unsettling, its power to deceive is unquestionably failing to influence legions of honorable humans who refuse to hand over their discernment to the corrupt and compliant media. The sock puppet terror cells and fabricated economic cataclysms are fraying at the edges and their artificial nature is pitifully evident. The official narrative betrays only those who choose to hide from reality. For them we can do nothing, until they do something for themselves.

It is my heartfelt observation that a critical threshold of spiritually alive humans have grown so excellently in confidence and wisdom, that the old hierarchies must resort to ever more vulgar contrivances to preserve their reins of power. Understand then, that the daybreak of a new higher consciousness will be heralded not by gentle awakenings and well-mannered transitions, but by bewildering fragmentation. Just as these patterns of collapse were experienced in many people’s personal lives throughout 2015, so now they are shaking the very foundations of Empire. Towering ramparts that once seemed so impossibly daunting and everlasting, will soon be little more than forlorn ruins.

We are upon the eve of the grand winter solstice of Empire, and the longest darkest night will seem interminably protracted and bone-chillingly cold. But like all things, this too shall pass. And the daylight will lengthen and the new growth that we have envisioned for so long will blossom – if we let it. We made Empire and we must unmake it. As a thing is bound, so it is unbound. Deeds not words. Learn the art of depolarization and nothing can stop you.

Jihadi John Version 2.0

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By Ulson Gunnar

Source: Land Destroyer

It didn’t take long for IS (Islamic State) to find a new cartoon-style villain to fill the shoes of Mohammed “Jihadi John” Emwazi. The masked villain often appeared in high-value productions, narrating them with a perfect British accent, as the enemies of IS were slain in increasingly elaborate and equally gruesome manners.

Just as Jihadi John’s villainy reached a crescendo, the US claimed it targeted and killed him in a drone strike. Nothing resembling actual confirmation was produced afterward, and many questioned the value or impact of eliminating what was for all intents and purposes merely a figurehead.

Instead of actually identifying and dismantling IS on the battlefield, the US appears to be faux-fighting the organization in a public relations campaign mimicking the simplistic narratives children might see during a G.I Joe episode on Saturday morning:

“The bad guy died, we are winning.”  

However, Western audiences have a shrinking attention span coupled with a growing awareness that everything they see on the news is likely at the very least, ‘spun.’ Despite this skepticism, US and European news services insist on serving up intelligence-insulting narratives seemingly designed for the minds of children, not educated, informed adults.

So just as Jihadi John’s memory began to fade from the collective narrative the US and European media pummels its audiences with daily, Jihadi John version 2.0 has been introduced. This IS doppelganger denizen appears almost identical to his predecessor, with the only difference being his brandishing of a pistol instead of a combat knife.

CNN reports in its article New ‘Jihadi John’? British-sounding militant features in new ISIS video, that:

An English-speaking child, and a British-sounding militant who brings to mind ISIS’ previous propagandist, ‘Jihadi John,’ appear in the latest, chilling propaganda video from ISIS.

In the video, which has not yet been independently verified, the child says that the group will kill “kuffar’ — nonbelievers — “over there,” referring to the West, while the adult threatens and insults British Prime Minister David Cameron. 

The speaker’s accent and dress bring to mind the previous — masked — face of the terror group, Mohammed Emwazi, otherwise known as “Jihadi John.” Emwazi was understood to have been killed in Raqqa late last year in an airstrike which specifically targeted the Briton. His absence lends credence to Western intelligence agencies’ belief that he is indeed dead.

Jihadi John 2.0 is still narrating IS’ high-value productions, which include gruesome executions, and the US and European media is still using him as the very convenient, extremely easy-to-hate face of IS. That Jihadi John 2.0 is taunting British Prime Minister David Cameron, is highly suspicious, considering that the British have been “fighting” IS for over a month now, but have conducted only 3 airstrikes, versus dozens of strikes daily by Russia accompanied by offensives carried out by a reinvigorated Syrian military on multiple fronts.

It’s almost as if this cartoon character, Jihadi John, is meant to intentionally offend Western sensibilities, provoking support for an otherwise unpopular and unjustifiable foreign military adventure in a country the US and UK do not otherwise belong meddling in.

Who is Jihadi John 2.0? Who Knows? Who Cares?

Ultimately, it doesn’t matter who any of the incarnations of Jihadi John are. The role this figurehead plays in IS’ overall operation is actually superficial at best, and under closer scrutiny, aiding and abetting US and European meddling in the region by providing an overly obvious justification to continually perpetuate geopolitical dynamics in the region aimed at transforming the Middle East into a shape more suitable to Western interests.

That the United States invested time, money, and energy into allegedly killing “Jihadi John,” instead of identifying, exposing, and dismantling IS’ logistical networks, including those stretching into NATO territory itself in Turkey, seems to indicate the US is not serious at all about actually fighting or stopping IS, and instead, just interested in appearing to do so.

That CNN thinks this is a story instead of asking just why the US is not trying to get to the bottom of IS’ source of money, supplies, weapons, fighters and political support, tells you that CNN is not interested in journalism, but like Jihadi John himself (selves?) they are nothing more than propagandists attempting to manipulate, not inform the public’s perception.

Mainstream Media Just Destroyed a National Security Level Crime Scene on LIVE TV

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By William N. Grigg

Source: The Free Thought Project

If the San Bernardino shooting were not being treated as an episode of Homeland Security Theater, why would the FBI – the lead investigative agency in what has been described as an ISIS-linked act of mass terrorism – allow an MSNBC News crew to contaminate a crime scene? Why would a reporter be allowed to handle evidence with un-gloved hands – picking up licenses, identification cards, and other credentials, credit cards, and riffling through copies of the Koran?

NBC Anchor Andrea Mitchell explained that the landlord of the apartment rented by Sayed Farook and his wife, Tashfeen Malik, had allowed “the media to enter … en masse” and examine what was still an active crime scene. If, as several media reports have suggested, the couple had received repeated, mysterious visits to their home by yet-unidentified co-conspirators, the mere presence of multiple news crews might be sufficient to destroy forensic evidence. Any investigator with even a modicum of knowledge and experience will recognize that allowing reporters to handle evidence with bare hands will adulterate fingerprints and DNA traces that could be useful in identifying additional suspects.

Although the couple’s landlord had reportedly been told on December 3 that the police had finished examining the apartment, and FBI Director James B. Comey made a similar statement this afternoon (December 4), the San Bernardino Sheriff’s Office still considered the site an active crime scene.

“That is not a cleared crime scene,” a spokesman for the San Bernardino Sheriff’s Office shortly after the landlord used a crowbar to break the plywood seal to let the media – and, apparently, several bystanders, including a woman with a dog and another carrying a newborn child — into the apartment.

“The most important aspect of evidence collection and preservation is protecting the crime scene,” explains George Schiro, a forensic scientist with the Louisiana State Police Crime Laboratory. “This is to keep the pertinent evidence uncontaminated until it can be recorded and collected. The successful prosecution of a case can hinge on the state of the physical evidence at the time it is collected. The protection of the scene begins with the arrival of the first police officer at the scene and ends when the scene is released from police custody.”

The personal effects that were pawed by dozens of curious reporters were not the only potential source of valuable clues as to potential accomplices in the deadly shooting.

“Particular attention should be paid to the floor since this is the most common repository of evidence and it poses the greatest potential for contamination,” Schiro advises. This is why “the arrival of additional personnel can cause problems in protecting the scene”; non-essential people “should never be allowed into a secured crime scene unless they can add something (other than contamination) to the crime scene investigation.”
In addition to the apartment’s floors, the curtilage – “driveways, surrounding yards, pathways, etc.” – could likewise provide valuable evidence, assuming that it isn’t trampled out of existence by an eager herd of media personnel and curiosity seekers.

Aaron Elswick, a neighbor of Farook and his wife, claims that he had noticed “suspicious activity” at their apartment, and had been told by another neighbor that the couple had received “quite a few packages within a short amount of time, and they were actually doing a lot of work out in the garage.”

According to the SBSO, once again, the apartment had not been “released” from police custody at the time of the “media tour.” The reported cache of pipe bombs and ammunition had been removed. Instead, the visitors saw “what would have looked like a relatively normal cluttered household, notwithstanding a shredded front door that had been ripped from its hinges and cast aside as law enforcement officers broke in,” summarized the New York Times. “There were signs throughout the home of the residents’ Muslim faith: The sticker pasted on a chest of drawers (`Praise be to Allah Who relieved me from suffering and gave me relief’). And there were the books: `The Characteristics of the Prophet Muhammad’ in a linen closet and `Common Mistakes Regarding Prayer’ on the bedside table.”

To that segment of the media propagating the narrative that America’s Muslim population teems with latent suicide terrorists, those items – which are similar to those found in the home of at least one of the people killed in Tuesday’s mass shooting – are more incriminating than firearms.

Rather than seeking to learn the truth and tell it without fear or favor, the Legacy Media’s role in this affair is to promote public suspicion that will result in the expansion of government power at the expense of individual liberty – whether in the form of expanded surveillance of Muslim houses of worship, or new restrictions on the right to armed self-defense.

Interestingly, a dialectical synthesis of those views can be found in a bill sponsored by California Senator Diane Feinstein (D-California) shortly before the shooting that would have prevented people listed on the federal “no-fly” list from buying firearms. In an interview shortly after the shooting, Barack Obama lamented the failure of that bill to pass the Senate. Republican presidential contender Jeb Bush has expressed qualified support for that measure – if it were narrowed down to apply only to people subject to “an active investigation” on the part of the FBI.

It isn’t difficult to imagine a “bipartisan” push to promote such a “compromise” approach: Republican national security hawks might approve of expanded scrutiny of, and limitations on the personal liberties of, people who display symptoms of “incipient radicalization,” such as regular mosque attendance; anti-gun Democrats would favor new “common-sense” restrictions on gun ownership, while seeking to expand the “radicalization” profile to include other indicators, such as participation in anti-abortion protests. The corporate media, for its part, would frame the discussion in terms that would eventually lead to less freedom for everybody, rather than subjecting such proposals to intellectually rigorous scrutiny. That’s why the state-centered media cannot be considered trustworthy.

There is something extraordinary happening in the world

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By Gustavo Tanaka

Source: Medium

A few months ago, I freed myself from society, I’ve released myself from attachments I had and fear that locked me to the system. And since then, I started seeing the world from a different perspective. The perspective that everything is changing and most of us have not even realized that.

Why is the world changing? In this post I’ll list the reasons that take me to believe this.

1 — No one can stand the employment model anymore.

Each one is reaching its own limit. People that work in big corporations can’t handle their jobs. The lack of purpose starts to knock the door of each one as a desperate scream coming from the heart.

People want to escape. They want to leave everything behind. Look how many people trying to become entrepreneurs, how many people going on sabbaticals, how many people depressed in their jobs, how many people in burnout.

2- The entrepreneurship model is also changing

A few years ago, with the explosion of the startups, thousands of entrepreneurs, ran to their garages to create their billion dollar ideas. The glory was to get funded by an investor. Investor’s money in hand was just like winning the World Cup.

But what happens after you get funded?

You become an employee again. You have people that are not aligned with your dream, that don’t give a damn to the purpose and everything turns into money. The financial return starts to be the main driver.

Many people are suffering with this. Brilliant startups start to fall because the model of chasing money never ends.

We need a new model of entrepreneurship.

And there is already many good people doing this.

3- The rise of collaboration

Many people have already realized that makes no sense to go alone. Many people awake to this crazy mentality of “going on your own”.

Stop, take a step back and think. Isn’t it an absurd, we, 7 billion people living in the same planet get so separated from each other? What sense does it make, you and the thousands (or millions) of people living in the same city turn your back to each other? Every time I think of that I get kind of depressed.

But fortunately, things are changing. All the movements of sharing and collaborative economy are pointing towards this direction. The rise of collaboration, sharing, helping, giving a hand, getting united.

It is beautiful. It brings tears to my eyes.

4- We are finally starting to understand what the internet is

Internet is an incredibly spectacular thing and only now, after so many years we are understanding it’s power. With internet, the world opens, the barriers fall, separation ends, union starts, collaboration explodes, help emerges.

Some nations made revolution with the internet, such as the Arab Spring. In Brazil we are just starting to use better this magnificent tool.

Internet is taking down mass control. There is no more television, no more few newspapers showing the news they want us to read. You can go after whatever you want, you relate to whoever you want. You can explore whatever you want, whenever you want.

With internet, the small starts to get a voice. The anonymous become known. The world gets united. And the system may fall.

5- The fall of exaggerated consumption

For many years, we have been manipulated, stimulated to consume as maniacs. To buy everything that was launched in the market. To have the newest car, the latest iphone, the best brands, lots of clothes, lots of shoes, lots of lots, lots of everything.

But many people have already understood that it makes no sense at all. Movements such as the lowsumerism, slow life, slow food, start to show us that we have organized ourselves in the most absurd possible way.

Each time less people using cars, less people buying a lot, each time more people trading clothes, donating, buying old things, sharing goods, sharing cars, apartments, offices.

We need nothing of what they told us we needed.

And this consciousness can break any corporation that depends on exaggerated consumption.

6- Healthy and organic eating

We were so crazy that we accepted eating any kind of garbage. It only needed to taste good, that was ok.

We were so disconnected, that the guys started to add poison in our food and we didn’t say anything.

But then some guys started to wake up and give strength to movements of healthy eating and organic consumption.

And this is going to be huge.

But what does it have to do with economy and work? Everything!

The production of food is the basis of our society. Food industry is one of the most important in the world. If consciousness changes, our eating habits also change, and consumption changes, and then the big corporations must follow these changes.

The small farmer is starting to have strength again. Also people who are planting their own food.

And that changes the whole economy.

7 — The awakening of spirituality

How many friends do you have that practice yoga? What about meditation?

How many used to do it 10 years ago?

Spirituality for many years was a thing of the esoteric people. Of those weird people from mysticism.

But fortunately, this is also changing. We got to the limit of our rationality. We could see that only with the rational mind we cannot understand everything that happens here. There is something more happening and I know you want to understand.

You want to understand how things work in here. How life operates, what happens after death, what is this energy thing that people talk so much, what is quantum physics, how can thoughts become things and create our reality, what are coincidences and synchronicities, why meditation works, how is it possible to cure with the hands and what about these alternative therapies that medicine does not approve, but work?

Companies are promoting meditation to their employees. Schools teaching meditation to kids.

8 — Unschooling movements

Who created this teaching model? Who chose the classes you have to take? Who chose the lessons we learn in history classes? Why didn’t they teach us the truth about other ancient civilizations?

Why should the kids obey rules? Why should they watch everything in silence? Why should they wear uniform?

Take a test to prove that you learned?

We created a model that forms followers of the system. That prepare people to be ordinary human beings.

But fortunately there are many people working to change that. Movements like unschooling, hackschooling, homeschooling.

Maybe you have never thought of this and you are chocked with the points I’m listing here.

But all these things are happening.

Silently, people are awakening and realizing how crazy it is to live in this society.

Look at all these movements and try to think everything is normal.

I don’t think it is.

There is something extraordinary happening.

— — — — — — — — — — — — — — — — — — — — — — — — — — — — —

Gustavo Tanaka — Brazilian author and entrepreneur, trying to create with my friends a new model, a new system and maybe helping to create a new economy.

Israelis – Not Muslims – Cheered in Jersey City on 9/11

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In debunking Donald Trump’s big lie about Jersey City Muslims celebrating the destruction of the World Trade Center, the corporate media have told an even bigger lie of omission. There was, indeed, shameless cheering on the banks of the Hudson River on 9/11. But it was by young Israelis, as was widely reported at the time. Fourteen years later, corporate media are covering up for Israel – which makes them even bigger liars than Trump.

By Glen Ford

Source: Black Agenda Report

“By making only a partial correction of Donald Trump’s prevarication, the corporate media were telling their own lie about what happened on 9/11.”

The corporate media don’t like Donald Trump. They used to like him a lot; in fact, Big Business Media are responsible for making this minor multi-millionaire into a household name. But Trump is on their hit list, nowadays, because the Republican presidential candidate insists on telling his own lies, rather than sticking to the list of official lies parroted by corporate media every minute of every day.

Donald Trump told a really “HUGE” – as he would put it – lie when he claimed to have watched thousands of Muslims cheering in Jersey City, New Jersey, as the World Trade Center came down on 9/11. Every corporate news outlet in the country rushed to debunk Trump’s fictitious account. The Washington Post offered psychological theories for why Trump gets away with telling fantastic lies. The New York Times said there was no evidence that Jersey City Muslims cheered the destruction on 9/11. CNN said it never happened. And, they were right.

However, by making only a partial correction of Donald Trump’s prevarication, the corporate media were telling their own lie about what happened on 9/11. There was, in fact, celebration in Jersey City on that fateful morning, and the incident did, briefly, make a major news splash. But the people doing the cheering weren’t Muslims: they were five young Israelis in a white moving van, who were observed in Liberty Park ecstatically taking pictures of themselves framed against the smoking ruins of the Twin Towers. As ABC News reported, the five were later arrested at gunpoint near the New Jersey Giants football stadium. Most U.S. intelligence sources believed the men were Israeli spies, and that their “moving company” was an Israeli intelligence cover. They were detained for a while, and then deported.

“Who is the biggest liar?”

In the year before 9/11 scores of young Israelis posing as “art students” were arrested after penetrating U.S. Defense Department and other classified sites. Both stories made national news. The corporate media could not have avoided running across articles on the “cheering Israelis” when they set about debunking Donald Trump’s “cheering Muslims” account. But, not one of them dare to mention that, yes, some people were seen celebrating 9/11 at Liberty State Park in Jersey City.

I was in a different part of the park on 9/11 morning, alone except for two young Israelis with very expensive cameras, carrying phony New Jersey press credentials, who claimed to be Polish but spoke Hebrew to each other. The two young men were giddy with joy at the destruction that the three of us were observing across the Hudson River.

Later that day, I learned from local and national news outlets about the five Israelis who were dancing with delight about a mile upriver from me and the two other Israelis. Articles about Israelis celebrating 9/11 would have come up in any search to correct Donald Trump’s tall tale – but the corporate media kept that part of the story from the public. They censored their own correction of Donald Trump. So, who is the biggest liar? Trump, who lies to advance his own personal interests, or the U.S. corporate media, who lie to the people on behalf of the State of Israel, and Zionism.

 

BAR executive editor Glen Ford can be contacted at Glen.Ford@BlackAgendaReport.com.

Related Article: The Five Dancing IsraelisArrested On 9-11