Economics and Government and Politics and Social Issues16 Jul 2015 02:22 pm

While greed and deception are accepted as practical business skills needed when one’s goal is to maximize profits, the majority of the populace feels that corporations and governments minimize these practices when it comes to advocating for the welfare of their citizens. There are those that understand that the profit of the few often comes at the expense of the many. Such individuals reach the logical conclusion that decisions made by governments are almost always based on pragmatic financial outcomes and seldom honor any ideals or concerns such as democracy, freedom or the quality of life of the masses. Those who do not expect the financial and political elite to sacrifice personal and national monetary wealth for the benefits of the general populace are generally considered cynical at best and more routinely labeled conspiracists.

Yet, the ability of the US to maintain its position of economic superiority would be difficult to accomplish if it spread the wealth around or had noble principles guide its actions. In order to remain the wealthiest and most prosperous nation on earth, they must make money wherever and however it is made.

The European Union, like all relatively sovereign entities, is struggling to keep from being entirely swallowed up by the US, or losing ground against the remaining competitors and major players in world finance.

Please read the link below for it is a rare and real look into the inner workings of international finance. It is a rather transparent peek behind the curtain of economic policy and its priorities. It shows how often the bullies of power force the vanquished into looking like the bad guys or to take credit for a heinous or unpopular position.

The attitude of the text and the annotated comments of the ex Greek finance minister depict a mandatory consensus, in which the people calling the shots demand those being bullied to agree to take full responsibility for the very actions they are opposed to implementing. Any mention of their concerns or the fact that they are not really the people implementing the harsh and unpopular measures would be considered a violation of the agreement and cause for additional and hasher measures to be taken. If the Greek government wants to be part of the European Union they must not only implement policies and measures which not only increase their debt problems and worsen unemployment and poverty, but they must speak and act as if it were their idea.

I am amazed at the level of care that the leaders of the European Union (namely Germany) put into the words they chose which artfully misrepresent their selfish and malevolent intentions. The only people who benefit from these measures are the creditors of the debt. The majority of which should not have purchased bonds since they were aware that the debt could never be paid off. The world would be quite a different place if our leaders put as much care and attention into working on our behalf, rather than trying to figure out ways to deceive and placate us.

In the modern world of politics consensus is acquired through those in power stubbornly dictating the terms forcing all others to quietly acquiesce or become an accomplice to their exploitative and inhumane policies and behavior.
A system that tolerates, encourages and at times even glorifies mechanisms of deceit and exploitation will always perform better and defeat systems that are fair, equitable and humane.

A person could always win the race when they are able to cheat and disable their competitors. A runner allowed to get a head start, take short cuts and have accomplices kick and grab the other runners could easily claim superiority. With this in mind it is easy to understand how a profit at all costs system of capitalism is able to “outperform” all other social systems.

 http://www.zerohedge.com/news/2015-07-15…

Those who most benefit from the predatory system of competition and profit have convinced people that no other system would cultivate and utilize technology and the creative energies of man, despite the fact that there is ample evidence to the contrary. We do know that this system creates economic imbalances, is dependent on waste, and is rather blind to any long term variable producing harm. As we mentioned earlier, when one’s primary goal and concern is maximizing profit all other concerns take a back seat.

Documents which are designed to benefit the few by extricating the remaining wealth of the many are being written and made into law quite frequently. Excusing debt by taking over ownership of assets is the very definition of loan sharking, and has been a staple of greedy governments, individuals and institutions for centuries. The most admirable moments of human history have been when the masses have demanded that the quality of life and the standard of living for the many takes precedent over the greed and self-agrandizement of the few.

Jim Guido

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