Busted: Bankers and The Global Economy

January 9, 2011

Food Safety Bill Grants FDA Authority to Police Foreign Nations

Of all the talk about the USA Food Safety Bill, S.510, it is likely that few have actually read the language in the bill. Do the lawmakers actually know what is in it? The Food Safety Modernization Act allows the FDA to set up foreign offices.

Section 305 is entitled “BUILDING CAPACITY OF FOREIGN GOVERNMENTS WITH RESPECT TO FOOD SAFETY,” which allows the FDA the full authority to set up offices in foreign countries to dictate the food safety plans of foreign governments for any food coming into the United States. This is noted on page 217 of the Act.

SEC. 308. FOREIGN OFFICES OF THE FOOD AND DRUG ADMINISTRATION.
(a) IN GENERAL. – The Secretary shall establish offices of the Food and Drug Administration in foreign countries selected by the Secretary.

It then goes on to say:

(a) The Secretary shall, not later than 2 years of the date of enactment of this Act, develop a comprehensive plan to expand the technical, scientific, and regulatory food safety capacity of foreign governments, and their respective food industries, from which foods are exported to the United States.

This will allow for the global expansion of the FDA and an huge expansion of government jobs and government authority, most likely to be relegated to multinational corporations.

This Food Safety Act is to be developed under consultation to the Department of Homeland Security as well as the U.S. Treasury. As the bill states:

(b) Consultation – In developing the plan under subsection (a), the Secretary shall consult with the Secretary of Agriculture, Secretary of State, Secretary of the Treasury, the Secretary of Homeland Security, the United States Trade Representative, and the Secretary of Commerce, representatives of the food industry, appropriate foreign government officials, nongovernmental organizations that represent the interests of consumers, and other stakeholders.

What does the Department of Homeland Security have to do with an FDA food safety plan? Why is the U.S. Treasury involved in the food supply? The history of the Federal Reserve probably holds more of the answers here than you would care to admit.

Data sharing and international law are a big part of the Act. You can view this yourself on page 195 of the bill (at the link above).

(c) Plan – The plan developed under subsection (a) shall include, as appropriate, the following: “Provisions for secure electronic data sharing.”

This is so that the FDA can electronically track and monitor the food production activities of foreign nations. That way, if somebody in Spain tries to sell raw almonds to the USA, the FDA can make sure those almonds are irradiated or fumigated with chemicals first. Raw almonds are so dangerous they have actually been outlawed in States.

“Training of foreign governments and food producers on United States requirements for safe food” is designed to mandate the FDA’s “dead food” agenda to other nations.  This may effectively export the corporate agenda of health borne disease that the USA food industry seeks to sow. This will put more money in the pockets of the U.S. Pharmacy Corporations, expanding their power internationally, much like the U.S. has done with other industries, sending jobs overseas. There is no provision to mandate any pesticide levels where food safety is concerned.

The FDA will be allowed to “harmonize” the USA food and dietary supplement industries which could outlaw healthy doses of vitamins and minerals. RDA standards are bare minimums at best for minimal health needs.

Centralized power is likely to fuel large food corporations as they take over food production markets per government mandate, ensuring huge profits, all to the lowest bidder while the health of the nation flags. All the while, food engineers Monsanto, DuPont and other agricultural giants are likely benefactors as they push their proprietary seed and genetically modified plants on the world.

Thanks to Wikileaks, the world knows that the global GMO conspiracy is real and ripe for a corporate power grab.

August 6, 2010

Google and Verizon Set to Initiate Internet Discrimination

Filed under: business, corporatism, politics, technology — Tags: , , , , , , , , — digitaleconomy @ 6:28 am

Originally, the Internet was founded on the principle that all data is equal. No body or corporation has been able to officially decide whose data goes faster or slower. Net Neutrality has made the internet what it is today as a platform for individual speech, democratic action, and entrepreneurial creativity.

President Obama’s new Federal Communications Commission chair strongly promoted Net Neutrality in line with the President’s campaign promises. Big telecom companies launched a lobbying frenzy, and soon the FCC was meeting with them behind closed doors.

According to reports, Google is about to cut a deal with Verizon that effectively ends a fair, open Internet as we know it. Google uses the corporate motto “Don’t Be Evil,” while acting as a staunch defender of Net Neutrality. In actuality, Google is threatening to turn the internet into a closed, pay-to-play, cash cow for large corporations.

In this case, Verizon would have free rein to discriminate on the mobile internet for smartphones and cell phones. Some believe that mobile communication is where most people will access the internet in the future, spelling the end of Net Neutrality for millions.

Google chief executive Eric Schmidt has verbally attacked “phone and cable monopolies” who “want the power to choose who gets access to high-speed lanes and whose content gets seen first and fastest.”

Google has issued a short, carefully worded statement challenging some of the details in The New York Times story, but it hasn’t denied that it is going along with this agreement to kill Net Neutrality.

The Google-Verizon deal allows giant corporations to control which websites load quickly and easily on the internet while dumping everyone else onto a slow internet connection. Google has opposed limiting internet access in the past.

Because Google and Verizon are two powerhouse corporations that have historically been on opposite sides of this issue, an agreement between them will put enormous pressure on the FCC to go along with their recommendations. Essentially, two giant corporations may be deciding the future of the internet. If the Obama administration goes along, and if the public doesn’t push back right away. Click here to help stop them now.

August 1, 2010

Digital Privacy Once Again in the Air

Did you know that a proposed amendment to U.S. surveillance law leaves even lawmakers guessing on privacy implications for internet users? Now why would this be? Invasion of privacy in the United States has been ongoing since Bush and 911. With this amendment, many fear the unlimited reach of the FBI where email and internet surfing are concerned. The royal question is being credited against the Obama administration over the responsibility of the lawmakers in the Senate and House. Last I heard, the Senate and House had little to do with the President. Since the Senate and House have more to say with the construction and final wording of this amendment, clearly a visit to your local lawmakers is in order if you care about such things.

Anyone that has been keeping track of digital privacy and security knows that A.T.&T. is already working in collaboration with the federal government to store and rake through all the data that comes into and leaves the States. Suddenly, fear is rampant about the FBI having free access to all that data without a court order, judge approval or oversight. Suspicion or wrongdoing doesn’t enter the picture, just being relevant to an intelligence or terrorism investigation. This amounts to a free season on personal information, as well as all that spam that you get in your email daily. In effect, little has changed in technical terms.

The FBI has already engaged in widespread and serious misuse of its privilege so far. They illegally collect data from both  Americans and foreigners, based on a report by the Justice Department’s inspector general that was concluded in 2007. FBI officials issued 192,499 national security letter requests from 2003 to 2006.

The FBI and other internal agencies like the NSA, have come to rely on free access to your personal email and the like. They have free access to information from telephone providers, banks, credit bureau and business, already holding wide powers where personal information is concerned.

The law already requires Internet service providers to produce the records. The want the power to get whatever details they need from internet sources without litigation or preview by judges. A few lawmakers like Patrick Leahy of Vermont have suddenly become concerned about privacy issues and civil liberties, as if these have not already been violated. It’s all about having the necessary tools to “keep Americans safe.”

If you are wondering why anyone should be concerned, all you to do is to examine the vagueness that “law” is written with. The interpretation is often left to the user or implementing agency to decide. Proponents of this amendment say that it is merely clarifying what Congress intended back in 1993. Oh really?

Since a 2008 justice department opinion, some providers have refused access to internet records and web surfing histories. What do you think? If you aren’t watching what you say in your emails and where you browse, you might think twice.

June 25, 2009

The Free Lunch: Digital Economy Creates Expectations

Filed under: corporatism, economy, money, technology — Tags: , , , , , , , , , , — digitaleconomy @ 10:33 am

free lunchAs savvy users storm the internet and costs for running the internet drop, the business world is discovering that the traditional business model may be on its ear. Internet businesses like Amazon also find themselves in a commanding position to make money in a diminishing market at the expense of traditional business. This has actually been in evidence for quite some time as the downward pressure on prices online continues, and along with it, the opportunity to make a buck. This has been evident in the world of freelance, as the global digital economy takes prices, including levels of fraud and piracy to new unheard of levels. Making a buck online is no longer an assumption as old internet models fail to produce the desired result: profits. Computer users expect to use services and acquire goods for free, without cost to themselves. Already, many services online are free. Business is being forced to comply in order to compete since online customers refuse to pick up the tab. Free has evolved from a marketing gimmick to an expectation. Naturally, business continues to resist the drive of the consumer. Now internet services are being used with the hope of baiting consumers, but this isn’t working as the average user becomes more cynical and savvy. The old maxim “keep your money in your pocket” continues to prevail as the world of business wonders how to keep the business world strictly business.

May 26, 2009

Corporate Control through the Digital Economy

The digital economy has become synonymous with the large amount of global data, often blindly called information, that the world creates through life on the internet. Those corporate rustlers in the data storage business are doing very well indeed even though the immediate rewards of this investment remain mostly in the future while the world endures the continuing fallout from a global financial meltdown.

end of advertisingMost of this corporate benefit has been on the backs of corporate slavery in the backrooms and factories of the third-world as the increasing strength of a global corporate fascism grows and concretes influence in the world. Jobs in America and any economic powerhouse have been sold to the lowest bidder, typically overseas by corporate junkets that claim to have your best interests at heart. They have sold you their truth that life is simply about consumption of goods. Live for the moment. Just do it. Obey your thirst. Corporate fascists are there to rake in the profits while that opportunity exists in the hope of building a global society that they can further rule, influence and plunder.

Right after 9/11, George Bush did not instruct Americans to pray or to unite in common purpose in religious temples. Instead, President Bush encouraged America to go out and shop in temples of commerce. America must not allow terrorists to divert the economy that defines ‘our’ society and power. Through that very economic engine and toil, corrupt and cynical corporate executives of financial institutions have plunged the economies of virtually every nation into the tailspin of recession and employment stagnation. This action of corporate fascists has not been truly recognized and they remain in control as never before as the controllers of currency and commerce. They remain central to ongoing efforts to revive the decimated global economy.

Fascist corporatism now defines the world. America and much of the modern world has a fear of any lack of consumption like the global economy is enduring now. We must be convinced that we must buy now and pay later for the very system in place depends on this reality. Even worse, America has come to realize that the rest of the world has been funding this endeavor in recent years as the fever of fascist consumerism broke with the economic overheating. Much of the world and notably most Americans can no longer continue to eat at the trough of ardent consumerism that has been propelled into superstardom over the last several decades. Credit has been maxed out and personal income commandeered by corporate and government fascists as they stoke the temporary delusions of their bottom line.

The human race has turned the space race into the information age of science and technology, an endless storage bin of computer space into which we cast our hopes, dreams and fantasies, even our futures and of course, the corporate bottom line…for better or worse. We are addicted and will be manipulated to meet the needs of the current powers in place or those that reside in the future.

human lobsterIs there any other reason for the expansion of millions of terrabytes of digital power out there? Does home video really make that much money for corporate fascists? Hardly. Do personal blogs hold the purpose of the world? Unlikely. We are simply human lobsters in what will be a boiling pot given enough time. Humans are food for government control and corporate fascists. We haven’t realized the plans of the power structure in place just yet, even as the plans of those in influence continue to evolve and materialize. It is all about the power of psychology and what information global corporates can mine from your life to benefit themselves, their financial structure and to build their future. Google has only begun to mine data from your life. They may well know more about you than you do. Once that data is used to influence and manipulate, advertising and data mining achieve their pinnacle of success in the name of convenience and customer service.

The American miracle of the internet now holds the building blocks of a new global economy and global manipulation that has never been seen before. The ‘new fascists’ proclaim innovation in technology and processes with the idea of world domination for their own good. The rights of the individual mean nothing in the grand scheme. The small businessman must be crushed or controlled by higher powers. You are simply a means to their end: record profits and control of the market at any cost. The internet will be their social tool. The digital economy is an expansion of the human third-world flesh factory as billions of human lives continue to pour into a global mechanism of control and manipulation.

January 14, 2009

U.S. Politics: Banks Must do their Part

financial security trouble

financial security trouble

What the Bush administration thoroughly disregarded as a possible solution for toxic banking assets and mortgage foreclosures for the last year, Obama and the new government order in Congress have picked up as a gold card solution.

Perhaps the FDIC is no longer a lonely stepchild agency calling in the political wilderness. Calls by bankers and lawmakers to use the remaining bailout funds for the “original purpose” of buying toxic assets have resulted in new political impetus. The view of the FDIC is that the government’s financial rescue efforts have not gone far enough and that troubled asset relief is necessary to get banks lending at more normal levels and to attract private capital.

The plan places (more…)

January 8, 2009

How Will Obama Create a Wall Street Miracle?

obama-discusses-stimulus-2009Throughout America’s history, there have been some years that simply rolled into the next without much notice or fanfare. Then there are the years that come along once in a generation – the kind that mark a clean break from a troubled past, and set a new course for our nation. So started Barack Obama’s “stimulus speech” today. Perhaps Obama’s opening statement is somewhat understated, but certainly well placed in the realm of psychology.

The emphasis of his speech was largely inspirational in nature, but held a few small pearls where ideas are concerned. One area is of special concern:

“…it means reforming a weak and outdated regulatory system so that we can better withstand financial shocks and better protect consumers, investors, and businesses from the reckless greed and risk-taking that must never endanger our prosperity again. No longer can we allow Wall Street wrongdoers to slip through regulatory cracks. No longer can we allow special interests to put their thumbs on the economic scales. No longer can we allow the unscrupulous lending and borrowing that leads only to destructive cycles of bubble and bust.”

obama-big-brotherSafety in America is rarely a hard sell for a people obsessed with their own security. How is President Obama going to accomplish this miracle of financial national health that not a single man in existence has dared to attempt to act on? How will America create the miracle of coveted and elusive financial transparency without creating a “big brother” situation in the realm of business, privacy and the American Dream? How can a system be created that doesn’t limit freedom while making runaway theft and abuse a topic of the past on Wall Street and in financial circles. Much like Bush’s “war on terror” seemed like a good idea when the twin towers fell, a dramatic change in course including an invasion of privacy where Corporate America and Wall Street are concerned could be a slippery slope.

Unfortunately, the U.S. Federal Government is not a bastion of transparency in any regard, which leaves many Americans pausing to consider: “What will I have to give up to keep America safe from reckless greed and risk-taking that must never endanger prosperity again.” Is America preparing itself for another “war on terror” in the name of financial literacy? What new technology and control system will we use to create this mandated financial transparency or is this a resolution that will fall neatly into the hands of global finance ministers?

Nancy Pelosi and the elected lawmakers are about to make more bailout history in the hope of abating the tide of recession with the intention of avoiding economic depression. There will be no Congressional vacation without a legislative solution for bettering the economy. So far, throwing money and liquidity a la Milton Friedman has done little to help the situation. In desperation, the Feds are looking to avoid the specter of an 25% American unemployment rate and the resulting unpopularity, misery and perhaps rebellion against established authority as millions bite the economic dust in a nation ill equipped to deal with any blight. What America has now is nothing less than political panic.

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