Central Bankers Perform Euthanasia - Capitalism and Democracy R.I.P.

The recent movements of the ECB and the Federal Reserve have pushed the final nail inside the coffin of Capitalism and Democracy. Both these cornerstones of our civilization have been on existence manual for years. Central bankers decided remaining week to 'pull the plug'. Capitalism and Democracy will be replaced with a hybrid monetary system combining the attributes of the antique Soviet Union's command economic gadget, the Oligarchy's of South America and efficiency and integrity of cutting-edge of modern day financial machine [with a dose of fascism thrown in for good measure].

"Rubbish, you declare", "Poppycock", "More left wing ranting". Fair sufficient steeply-priced reader, at this element in history you're nonetheless allowed your own opinion, but earlier than you click on away you must don't forget the following realities.

Capitalism, as described by Wikipedia is an monetary machine this is based totally on non-public ownership of the approach of producing and the arrival of merchandise or offerings for profits. Let us bear in mind the subsequent realities. Only then are we able to understand how our primary bankers finished the 'coup de grace'.

Global spending on Weapons changed into 1.Seventy 4 trillion in 2012. For many countries particularly america the largest corporation inside the 'non-public' industry is the weapons industry. In the us, if one includes the postal provider and the navy over three million people art work for the Federal Government. [Imagine if we included state and local government employees in this number] In every advanced united states of america inside the global the civil company is thru, a ways the most important organization inside the u.S.A. Of the usa. The 2nd biggest employers are the ones industries or sectors along side weapons, fitness care or training that obtain their sales from the authorities. The advanced global is not served through authorities. The evolved global is depending on government spending to keep, not beautify, their contemporary-day life-style. Private possession of the technique of manufacturing and the advent of products or services for earnings exists most effective as curious anachronism in small pockets round the arena. One couldn't possibly argue that global, the car, banking, weapons and fitness care industries exist handiest on the delight of government spending. The survival of those industries is reliant on favorable government help, spending and regulation.

In clean phrases most societies of their modern-day shape satisfactory because our governments borrow cash from future generations to preserve civil servants employed and captive industries on lifestyles manual. Competition and survival of the fittest, truisms of capitalism do no longer exist anymore. The thoughts of entrepreneur, advantage, difficult paintings, pride, sacrifice, choices, paintings ethic, persistence, attempt, pay as you cross, integrity, reality, chance praise, moral hazard equity and equality are, of path, now obsolete. To live to tell the tale going ahead the important thing might be one's potential to ''get me some of that newly published cash".

Now allow us to preserve in thoughts democracy. Once once more allow us to apply Wikipedia's definition that defines Democracy as 'a form of presidency wherein all eligible residents have an equal say within the alternatives that have an effect on their lives. Democracy permits human beings to participate similarly -- each immediately or through elected representative.' Dear reader, genuinely the dying of democracy is not some element we want to talk about. It is self evident. No, "you continue to trust in democracy, you continue to agree with that your vote counts". Please keep in mind the subsequent terms and terms cautiously. Create an photo your mind as to what every phrase or phrase method the machine of government called democracy: Gerrymandering, Hanging Chad's, QE 1, QE 2, limitless campaign spending thru human beings and agencies, "businesses are human beings too" Bailout situations, Operation Twist, QE 3, technocrat government, TARP, Wall Street bailout, lobbying, Greece, Spain Italy, ECB terms and conditions for bond looking for marketing marketing campaign. There are greater terms to help paint this image however I do now not want the ones disturbing photographs, that I trust you created on your mind, to cause you Post Traumatic Stress. These are not words that have been spawned inside the evolution of democracy. These phrases developed as democracy advanced proper right into a more sinister device that left the world with the 'illusion of democracy'.

Let us now join the dots that join the loss of life of capitalism and democracy to the current moves of our vital bankers. By saying in tandem over the last couple of weeks that both federal reserve and the ECB, each led by means of manner of unelected officials, that they may enlarge their asset shopping for [ Oh Please can we all just agree to call it money printing]. The essential banks have irrevocably dedicated their respective governments to a path of motion this is accomplished without public consent, information or referendum. These have enacted economic policy disguised as monetary insurance for you to handcuff the "citizen taxpayer's" capacity to manipulate government finances for, properly, for all time.

This route of movement will cause a misallocation capital of historical proportions. On 'Main Street' the theft [via artificially low interest rates] of retirement income from retirees, who diligently amassed retirement capital in the course of their operating years to provide interest profits of their retirement will preserve unabated. [In some ways, you have to admire baby boomers for their audacity and hubris to steal from their parents via artificially low rates as well as their children and grandchildren through absurd government borrowing. This is done to maintain the lifestyle boomers have become accustomed to. The boomers are like a Robin Hood from an alternate bizarre dimension. The boomer Robin Hood steals from old and young and keeps the money for himself] 'Moral Hazard' has been removed from choice making approach. It has been replaced with a current model of "I'm all right Jack."

Governments can be capable of spend in an countless fashion, immorally and now not using a worry of punishment by means of manner of the bond market vigilantes. Dear reader, 'How could authorities spending be immoral?' you ask. When our governments spend cash we do now not have on items and offerings we can not manage to pay for or do not need, at expenses that are not decided through the use of a loose marketplace capitalist system handiest to head away the 'Butcher's Bill' to our youngsters and grandchildren this is immoral, undemocratic and surely not how capitalism works.