Tuesday, December 31, 2013

Litecoin vs Bitcoin - Interview With IBM Architect Richard G Brown




As we continue to state, Bitcoin is the largest news story of the century to date.  Now of course Bitcoin is not the only game in town or in the world.  Litecoin is also a new contender on the market and there are others already popping up.  Crptocurrency as it is now being called is here to stay.  Based on all present research, what our own opinion is at this time, paper currency will not be going away in any country anytime soon.  Debit cards may disappear, however, credit cards will continue to flourish.

  What we are also looking at will be an entire new series of laws and regulations that will come up around these new currencies that will also invade privacy as well as change the way services are rendered which will mean price increases on many services.  Trying to protect your privacy in the future will become a crime.  This is a given.  What you presently take for granted will be going away.  It's based on the technology.  (Not really, that's just the excuse that will be used).

  There are many areas of the technology that we like, however, there are now many areas of the technology that are really starting to concern us.  The invasion of privacy that will follow is our biggest concern.  How will this new technology invade privacy?  It could and will be used to prevent anyone from remaining anonymous.  Only criminals have something to hide.  Are you a criminal?  Now of course you will be allowed to conduct certain transactions in an anonymous fashion, however, you will go through a great deal of scrutiny, questioning and audits.  You may or may not be found guilty of some form of conspiracy however.  This is how privacy will be invaded then taken away.

  Now it's not to say that it will be fully taken away, it will at first be made a major risk to anyone who wishes to try and remain anonymous for whatever reason.  Cash will become a rare commodity in the next 10 to 15 years if not sooner.  It still has uses, but they will become more and more limited.  Why cash currencies will not go away.  Imagine a major power grid goes out for days on end.  Cryptocurrencies depend on the ability to conduct transactions electronically.  How does anyone continue to conduct any form of trade without some form of payment in exchange?  Battery backups?  That is simply to limited.  Some form of alternative payment systems will always be needed.  Cash is the only means for that.

  Other issues of cryptocurrencies, they devalue cash.  When transaction and conversion fees apply one of the forms of payment must be devalued in order to value another.  If cryptocurrencies become the main form of transacting business, then it's the cash that gets devalued.  Now the cryptocurrency may be tied to the cash, one still has to take a hit.  So a question now comes up.  Is Bitcoin and other cryptocurrencies now starting to impact the value of other currencies?  It has to.  All of the cryptocurrencies have transaction and conversion fees.  Those need to be paid for in cash.  Add to it the country where you are conducting business and then take into account that they too want monetary conversion fees.  To reverse the cryptocurrency back to cash?  Yup, more fees.

  So who is going to lose with the new age of cryptocurrencies?  White collar workers as they get phased out of the offices as they will no longer be needed.  That in itself is yet another full post for a later story.
Enhanced by Zemanta

Monday, December 30, 2013

The Health Benefits of Consuming Organ Meats



Warning. This video contains graphic hunting and dressing footage. Viewer discretion is advised.


The consumption of organ meats has fallen out of favor in the West, which may be a mixed blessing. Liver, kidney, heart and other animal organs from organically raised, grass-fed animals are some of the most nutrient-rich foods you can eat.
Unfortunately, that’s not how most food animals are raised these days. In today’s world of high calorie/high carbohydrate but low nutrient foods, most people would benefit greatly from adding these superfoods back into their diet.
However, I advise against eating organ meats from animals raised in confined animal feeding operations (CAFOs). The diets, veterinary drugs and living conditions of such animals are not likely to result in healthy organs, so be sure to find out where the organs came from, should you decide to pick some up at your local grocer.
Many traditional cultures and their medicine men—including Native Americans—believe that eating the organs from a healthy animal supports the organs of the eater.
For example, a traditional way of treating a person with a weak heart was to feed the person the heart of a healthy animal. Similarly, eating the brains of a healthy animal was believed to support clear thinking, and animal kidneys were fed to people suffering from urinary maladies.
There are countless reports about the success of these types of traditional practices. We can thank Dr. Weston A. Price for an enormous body of research about the health benefits of traditional diets.1

The 'Isaac Newton of Nutrition'

Dr. Weston A. Price2 was a Cleveland dentist who has been called the “Isaac Newton of Nutrition.” Dr. Price traveled all over the world studying the dietary practices of healthy people from traditional cultures.
What he found was that nearly every culture placed a high value on consuming animals in their entirety, making use of the organs, blood, bones, and everything else—a far cry from Western culinary snobbery, which pretty much limits animal foods to muscle tissue and nothing else.
Traditional preparations involve a good deal of work in terms of cleaning, trimming, soaking, pounding and so on because membranes, blood vessels and other inedible parts must be removed from animal organs before they can be consumed, requiring significant time and labor. Why did they bother with all of this work?
They knew that eating these organs would support the natural functioning of their bodies. And they were right—the nutritional benefits of organ meats are now being confirmed by modern science.
Organ meat is a nutritional powerhouse, loaded with vitamins, minerals, amino acids and other compounds vital to your health. Liver in particular is packed with nutrients, which is why predatory animals eat it first and why it has been so highly prized throughout history.
Unfortunately, organ meats have been unfairly demonized in the West thanks to some persistent dietary myths, including beliefs that animal fat and cholesterol are bad for your health. Nothing could be farther from the truth!
Dr. Price, who studied this extensively, found that native cultures who maintained traditional diets—whole foods from plants and animals—had excellent teeth and were free of the chronic diseases plaguing society today. They experienced very little cancer, heart disease, diabetes, mental illness, or even birth defects.3 But why? What accounts for such drastic health differences?

Traditional versus Contemporary Diets

When Dr. Price analyzed and compared the nutrient value of foods eaten by traditional versus modern cultures, he found that a traditional diet provided at least four times the water-soluble vitamins, calcium and other minerals, and at least 10 times the fat-soluble vitamins, such as A and D.
These fat-soluble vitamins are present only in animal fats—butter, lard, egg yolks, fish oils, and foods with fat-rich cellular membranes such as liver and other organ meats. Of course, these are the foods now shunned by Westerners as unhealthful. Is it any wonder that adopting a modern diet spells disaster for your health?

The Offal Truth

The consumable parts of an animal that are not skeletal muscle are called offal, which literally means “off fall,” or the pieces that fall off a carcass when it’s butchered. This includes the heart, liver, lungs, kidneys, pancreas and all other abdominal organs, as well as the tails, feet, brains, tongue, and yes, even the testicles.4
In the US, the term “organ meats” is more commonly used, and when these parts come from birds, they are usually referred to as giblets.5 Sweetbreads refer to the thymus gland or pancreas of a young cow, lamb or pig.
In nature, most animals go straight for the organs of their prey, saving the muscle meats for later. This is because animals instinctively know that organ meats are the densest source of nutrition. In fact, organs are the superfoods of the animal kingdom. This is why “glandulars,”6 supplements made from dried tissues of animal organs and glands, pack some powerful therapeutic punches when taken under the guidance of a skilled medical practitioner.

Organ Meats: The Superfoods of the Animal World

Organ meats offer a rich mélange of nutrients your body needs for optimal function, in concentrations hard to find anywhere else. The most significant ones are outlined in the following table.7
High quality proteinB complex, including B12 and folate (folic acid)Minerals, including a highly bioavailable form of iron
Fats (especially omega-3 fats8)Choline (another B vitamin, important for cell membranes, brain and nerve function, heart health, and prevention of birth defects)9Trace minerals such as copper, zinc and chromium
Cholesterol10CoQ10 (essential for energy production and cardiac function; potent antioxidant; animal hearts offer the highest levels of coQ10)Vitamin D
Vitamin E (circulation, tissue repair, healing, deactivation of free radicals, slowing aging)Pre-formed vitamin A (retinol)An unidentified “anti-fatigue factor”
Purines11 (nitrogen containing compounds serving as precursors to DNA and RNA)Vitamin K2Amino acids

The Discovery of “Fat-Soluble Activators”

One of Dr. Price’s most significant contributions to nutrition science was the concept of fat-soluble activators, which serve as potent catalysts for mineral absorption. Without them, minerals cannot by used by your body, no matter how plentiful they may be in your diet. Dr. Price was quite ahead of his time—modern research has since validated most of his findings.
Dr. Price identified three primary fat-soluble activators: vitamins A and D, and one he called “Activator X,” because he didn’t know exactly what it was, only that it was present in certain fatty parts of animals (especially the organ meats) that fed on young green growing plants or microorganisms, as well as in oily fish and shellfish. This powerful nutrient is now believed to be vitamin K2, a nutrient that is far more important than most people realize.12, 13
Vitamin D, is required for mineral metabolism, healthy bones, optimal nervous system function, muscle tone, reproductive health, insulin production, and protection from depression14 and every type of chronic illness, from cancer to heart disease. Vitamin D’s list of benefits keeps growing with each passing year. However, it’s important to realize that these nutrients are dependent on the animal having been raised and fed in a natural manner. As stated by the Weston A. Price Foundation:15
“The vital roles of these fat-soluble vitamins and the high levels found in the diets of healthy traditional peoples confirm the importance of pasture-feeding livestock. If domestic animals are not consuming green grass, vitamins A and K will be largely missing from their fat, organ meats, butterfat and egg yolks; if the animals are not raised in the sunlight, vitamin D will be largely missing from these foods.”

Vitamin A Myth-Busting

Impressively abundant in organ meats from pastured animals, Vitamin A is a catalyst for multiple biochemical processes. Vitamin A is vital for prevention of birth defects, prevention of infection, hormone production, optimal thyroid function, good digestion, good vision, and healthy bones and blood. Without it, your body cannot utilize protein, minerals and water-soluble vitamins. Vitamin A is also an antioxidant that helps protect you from pollutants, free radicals, and cancer.
Contrary to what many vegetarians believe, the type of vitamin A obtained from plants (carotene) is much different than the animal-derived form. Carotenes from vibrantly colored fruits and vegetable are  a great antioxidant and can be converted into true vitamin A in your upper intestine, but many people are unable to convert it, especially if their diets contain insufficient fat.
Dr. Price discovered that the diets of traditional peoples contained at least 10 times more vitamin A from animal sources than found in the American diet of his day. That difference may be even starker now, as his research was done decades ago.
When people began taking synthetic vitamin A supplements, we began to see vitamin A toxicity. But this does not happen with natural vitamin A from real, whole foods. Therefore, the advice to refrain from organ meats during pregnancy is unfounded. It is best to obtain your vitamin A from natural sources like yellow butter, egg yolks, and organ meats.
Please realize that antibiotics, laxatives, fat substitutes and cholesterol-lowering drugs interfere with vitamin-A absorption. Another common myth is that organ meats cause gout. This is a warped, oversimplified misinterpretation of the biochemical processes that lead to gout.16 Gout results from a buildup of uric acid, which is more a function of insulin resistance related to overconsumption of refined carbohydrates and sugar. Uric acid is a byproduct of your body’s metabolism of dietary sugar—especially fructose.
Excess dietary protein with insufficient dietary fat may also raise your risk for gout. This is why lean meats should not be consumed without adding a healthful fat, and the leaner organ meats (such as the heart and liver) are no exception. The one nutrient most protective against gout is vitamin A, because it helps protect your kidneys—healthy kidneys prevent the buildup of uric acid by excreting it in your urine. Therefore, organ meats actually protect you from gout, rather than cause it.

Liver—Nature’s Most Concentrated Source of Vitamin A

Liver is the most commonly consumed organ meat in the US—and for good reason: it’s one of the most nutrient-dense foods in existence. Liver is held sacred by many African tribes, and practically every cuisine has liver specialties. It simply contains more nutrients, gram for gram, than any other food:17
  • Liver is nature’s most concentrated source of vitamin A (retinol)
  • It contains an abundant, highly usable form of iron
  • Three ounces of beef liver contains almost three times as much choline as one egg
  • Liver is one of the best sources of copper, folic acid, cholesterol, and purines
  • It also contains a mysterious “anti-fatigue factor,” making it a favorite among athletes
The liver is often described as an organ that “filters” your blood of toxins, which may seem concerning in terms of eating it. In reality, laboratory analysis has proven that liver is actually completely safe for consumption and has no higher concentration of toxins than the rest of the body. This is due to the fact that your liver is not really a “filter,” but more of a chemical processing plant, rendering toxins inert and shuttling them out of your body. If your liver contains large amounts of toxins, so do you! And the same goes for the animals you consume. What this means is, the cleaner the animal whose organs you are consuming, the cleaner your food will be, whether it’s a steak or an organ.18

IMPORTANT: Know Where Your Meat Comes From

In another article19 written by a meat processor, Bob Martin explains the differences between products derived from grain-fed animals versus from grass-fed animals. He reports that many grain-finished livers are “condemned,” whereas this does not happen with grass-finished livers. He is very straight in his recommendation to avoid meat and organs coming from animals that are grain-fed or grain-finished, such as those produced by CAFOs.
As stated earlier, it is safest to restrict all of your meats to pastured, or at the very least, grass-finished animals. In the wake ofmad cow disease, it is particularly important to consume animals raised on pasture and fed a biologically appropriate diet, which virtually eliminates their risk of mad cow disease, as well as many other dangerous contaminants.20

Recipes and Other Offal Resources

If you haven’t been eating organ meats lately, perhaps you abandoned them because they were thrust upon you as a child, or maybe you’ve never been able to get past their appearance. They look like entrails because they ARE entrails, which are difficult to disguise. You just may have to get over it... for the sake of your health!  Fortunately, organ meats don’t have to be the tough, dried out, overcooked liver-and-onions of yesteryear that were more like shoe leather than meat.
Finding good organ meat recipes can be somewhat of a challenge, as they are more of a niche specialty today—but they are out there. In order to make your journey a bit easier, I’ve assimilated a list of resources to perhaps inspire you into trying some new things. The following are merely a starting point—I’m sure you can find others. Paleo recipe websites often have interesting and unique organ meat recipes, and there are an abundance of those. Happy hunting!
  • An article called “The Liver Files” on the Weston Price website has great nutrition information about liver, as well as liver recipes from around the world17
  • Sally Fallon gives a big thumbs up to a cookbook devoted to organ meats, The Whole Beast: Nose to Tail Eating, by Fergus Henderson.21
  • Chris Kresser’s article “How to Eat More Organ Meats” contains nutritional information as well as links to a number of recipes, by organ type.22
  • Chef Chris Cosentino’s website Offal Good is completely devoted to “everything offal” and is an interesting read, includingrecipes, videos, and offal photos NOT for the faint of heart—but perfect for the culinarily curious! (Chef Cosentino is featured in the video at the top of this article.)
  • Huffington Post offers a few select recipes for offal food.23
  • Food & Wine gives some tips for “Nose to Tail Cooking.”
  • For the nutritional composition of organ meats, I found a couple of resources. The Self Nutrition Data site is a good resource for comparing nutrient levels of many foods, including organ meats. And an online publication called “Nutritional Composition of Red Meat” from the University of Wollongong (Australia) has charts with all sorts of nutritional data for red meats, including organ meats and wild game.
Enhanced by Zemanta

The Forces behind America’s Economic Destruction

English: Barack Obama delivers a speech at the...
 (Photo credit: Wikipedia)


On the Brink of Economic Calamity

by; Dr Gary Null

We are witnessing unprecedented low points in American economic history as 50 million Americans—17 million of them children—are living below the poverty line[i],[ii] while 47 million citizens rely on food stamps[iii]. All told, the 2008 economic collapse cost over $20 trillion globally[iv]. Millions of people lost their homes and jobs, while many of our nation’s children fell deeper into hunger. According to some figures, 53 million people entered the poverty ranks.[v] In the US and other developed nations, suicide rates skyrocketed due to financial stress and disruption of families. The Bureau of Labor Statistics has listed unemployment at 7.5% — a rate that is irreconcilable with reality. The more reliable figure, calculated by economist John Williams from Shadow Government Statistics, places unemployment at 22%. If we are to believe the analyses of Tyler Cowen at the Mercatus Center at George Mason University, we might be looking at an unemployment rate as high as 41%, since 33% of Americans are not working and no longer have the desire to find jobs.[vi] This group is categorically removed from the government’s labor radar and is absent from the Bureau of Labor Statistics’ fudged data.

The Global Money Matrix

In the midst of this economic turmoil there is one group that still manages to flourish: the global elite. With more than $32 trillion stashed in offshore banks around the world, the wealth of the so-called “1%” is staggeringly obscene and grows by the day .[vii] Their aggregate wealth, larger than the US GDP and national debt combined, is a testament to the tremendous influence and lobbying power held by a coterie of private interests that dominate nearly every sector of society.

Instead of reining in the inordinate control exercised by the elite, most of our elected officials have become little more than shills for these corporate overlords, creating policies that favor their campaign donors instead of the American people. Hundreds of millions of dollars were funneled into Barack Obama’s 2012 presidential campaign by donors whose business affiliations run the gamut from real estate and finance to media and law firms. According to Opensecrets.org, “Together, 769 elites are directing at least $186,500,000 for Obama’s re-election efforts — money that has gone into the coffers of his campaign as well as the Democratic National Committee.”[viii] This figure doesn’t even account for the massive contributions to Obama’s reelection by corporate-driven SuperPACs. Obama is just one example of how our politicians are beholden to the elite agenda. A quick glance at the campaign donation figures presented at Opensecrets.org reveals just how much special interests control Washington’s policymakers.

Given the corporatist influence that infects our halls of power, it is little wonder that our tax dollars continue to fund unconstitutional spying, perpetual war, and neoliberal policies that extend the powers of the world’s richest individuals and organizations. As Americans struggle financially, our social safety nets are increasingly losing priority to military and security expenditures that are historically unmatched anywhere in the world. Increasingly, the actions taken by the world’s most powerful corporations and governments seem to be at odds with public perception and wellbeing. Here are a few examples of how this combined influence has increased at the expense of the average American:

ALEC – This conservative group, funded by donors like the Koch brothers and Exxon Mobil and fueled by politicians including Ohio Governor John Kasich and Wisconsin Governor Scott Walker,[ix] writes model legislation calling to “privatize education, break unions, deregulate major industries, pass voter ID laws, and more.”[x] They do so with the stated aim to “form formal internal Task Forces to develop policy covering virtually every responsibility of state government.”[xi] ALEC’s website claims, “Each year, close to 1,000 bills, based at least in part on ALEC Model Legislation, are introduced in the states. Of these, an average of 20% become law.”[xii]

Federal Taxes and Expenditures – In 2014, President Obama plans to spend 57% of his discretionary budget on military, with 6% going to education, 3% to science, and 1% to food and agriculture.[xiii] And while the federal corporate tax rate is 35% in America, a variety of loopholes means that the average rate paid by corporations is 25%, with some companies paying as low as 10%.[xiv]

Citizens United – This US Supreme Court case set the legal precedent for unlimited campaign donations in US elections, qualifying corporate donations as a form a free speech. Since this case concluded, campaign expenditures have tripled.[xv]

TARP, or “the Bailout” – Following the economic crisis of 2008, US taxpayers handed $700 billion to major players in the automotive, financial, and insurance industries[xvi]. According to The New York Times, “Treasury…provided the money to banks with no effective policy or effort to compel the extension of credit. There were no strings attached: no requirement or even incentive to increase lending to home buyers, and…not even a request that banks report how they used TARP funds.”[xvii] The Huffington Post reports, “Twenty-five top recipients of government bailout funds spent more than $71 million on lobbying in the year since they were rescued.”

In the Name of Security

The most concerning imbalance of power, however, may lie in the ‘security state’. In 2010, there were over 1900 private corporations with government contracts working for Homeland Security and NSA intelligence projects. Just one of these firms, Booz Allen Hamilton, where Edward Snowden was employed, has over 25,000 employees, nearly half of whom have security clearance of “top secret or higher”.[xviii] Overall, there are an estimated half million individuals in private firms with access to intelligence secrets.[xix] The federal intelligence agencies only employ 107,000 individuals; therefore, the bulk of intelligence and surveillance operations are conducted by private workforces.[xx] For fiscal year 2013, the country’s budget for intelligence, across 16 agencies, was approximately $52.6 billion, with 70% going to private contractors.[xxi]

Recent revelations by Edward Snowden unearthed the breadth and scope of this surveillance network. The National Security Agency has collected vast amounts of data to spy upon American citizens, elected legislators in Congress, leaders and populations of other nations, multilateral and international administrations, non profit organizations, and a variety of public and environmental advocacy groups. This defines the current trajectory of the US as a failed republic degenerating into a fascist regime. For both corporate Republicans and Democrats, the rise of surreptitious surveillance on citizens, in direct violation of the Constitution, is perceived as a matter of national security to protect both the country’s domestic and foreign interests.

NSA Director Gen. Keith Alexander claimed publicly that intelligence surveillance of the American public “foiled” 54 terrorist attacks by extremists. Independent research confirmed that in fact only one, and a possible second attack, could be directly associated with the war on terrorism. Speaking on the matter, Vermont Senator Patrick J. Leahy stated, “There is no evidence that [bulk] phone records collection helped to thwart dozens or even several terrorist plots….These weren’t all plots and they weren’t all foiled[MK1] .”.[xxii] The Washington Times reported that “Keith B. Alexander admitted that the number of terrorist plots foiled by the NSA’s huge database of every phone call made in or to America was only one or perhaps two—far smaller than the 54 originally claimed by the administration.” General Alexander, under the questioning of Senator Leahy, also admitted that only 13 of the 54 cases were in any way connected to the U.S. As the Washington Times clarifies, “The [NSA phone records] database contains so-called metadata—the numbers dialing and dialed, time and duration of call—for every phone call made in or to the U.S[MK2] .”[xxiii] This is but one example highlighting how the consolidation of corporate and political power comes at the cost of human rights and personal liberties for the average citizen.

Obama has lied to the American people repeatedly about the extent of the security state and its infiltration into the lives of average citizens, including massive data collection of private phone calls, emails, and internet activity. The NSA revelations of Edward Snowden provide documented proof that intelligence surveillance is far more extensive than ever believed. The activities of the FBI, CIA, Pentagon, FISA courts, USDA and FDA, and the Justice Department contribute to the deterioration of citizens’ privacy and freedom. And a recent report by Essential Information entitled Spooky Business describes how some of America’s largest corporations have engaged in corporate espionage to spy on non-profit organizations. Ralph Nader writes, “In effect, big corporations have been able to hire portions of the national security apparatus, and train their tools of spycraft on the citizen groups of our country.”[xxiv] Thus, the powers of government and corporations are fostered and increased by one another, while those of the average American continue to dwindle

Groupthink and the 15%

It is unrealistic to frame the problem of control and socio-economic manipulation as a war between the 1 and the 99. The 1 percent cannot achieve its goals without support from armies of technocrats and workforces willing to sacrifice moral values to secure careers in corporations and political parties, regardless of the inhumane ruthlessness behind their undemocratic agendas. The private industrial complexes of Too Big to Fail corporations require minions of technocrats and employees—as well as a large network of contracted small businesses, advisors, and consultants—to exert control over the population. Therefore, we should realistically be speaking of a 15 versus 85 percent in the war on inequality, control, and power.

When this additional 45 million people, or 15 percent of the population, are added to the formula for who controls the major stakes of power, wealth, influence and policymaking today, we can more easily understand how the psychology of “group think” creates a protective shield around the power brokers calling the shots. When the psychologist Irving Janis first used the term “groupthink”, he referred to a collective weakening of individuals’ “mental efficiency, reality testing and moral judgment” through pressure to stick with the corporate plan.[xxv] Among the characteristics common to groupthink, which enables the privileged elite to exert compliance to their mission without dissent, is a false belief in the inherent morality of their jobs. For example, the neoliberal free-market ideology posits that trickle down economics from the top will create more jobs and raise families’ personal income—a persistent myth that has no historical example to prove it as fact. The actual facts, according to the 2012 Global Wealth Data Book, show that since the implementation of neoliberal economics in the late 1970s and early 1980s, the financial health of America’s middle class has fallen to 27th globally, behind Qatar, Taiwan, Cyprus and Kuwait. Simultaneously, the US has the most millionaires and billionaires of any other nation.[xxvi] Groupthink also generates an “illusion of invulnerability,” an insincere and narrow confidence that enables workers to take extreme risks and a distorted group rationalization to deny facts to the contrary of their optimism. Other characteristics include stereotyping enemies, managerial pressure on nonconformists, and self-censorship of doubts within the organization. An illusion of unanimity is sustained whereby the image is created and perpetuated that the majority agree with organization’s purpose and mission.[xxvii]

Without the possibility of groupthink and this additional 15 percent passively serving the most powerful 1 percent’s destructive acts, life in the US would be far more democratic, just, and free today. Unfortunately, our society currently necessitates profit for both legitimacy and survival. This unprecedented economic and political atmosphere is giving birth to a new face of fascism.

The Dominant Culture

When considering the human element in our societal structure, the question arises as to how human beings can act with such blatant disregard for damage incurred. There are varying figures assessing the percent of psychopathology among high level financial and corporate executives. In the general population, approximately 1% can be clinically diagnosed with sociopathic and psychopathic disorders[xxviii]. However, for the wealthy and power elite, estimates are higher. Canadian psychiatrist Dr. Robert Hare estimates that 4 percent of corporate executives are clinically sociopathic.[xxix] Sherree DeCovny, a former high-powered investment banker now with CFA Financial Magazine, believes it is as high as 10 percent.[xxx] Figures from psychological surveys in the UK place estimates even higher. Psychologist Clive Boddy has argued that the psychopathological behavior of financial executives was a major cause for the 2007 economic collapse. He also notes that individuals with the strongest psychopathic tendencies are those who tend to be promoted fastest.[xxxi] Research supports this claim. In a survey of 500 senior executives in the US and UK, 26 percent observed firsthand wrongdoing in the workplace and 24 percent believed that it was necessary for professionals in the financial sector to engage in unethical and even illegal conduct in order to be successful. Sixteen percent said they would commit insider trading if they were certain they could get away with it, and 30 percent said that the pressures of compensation plans were an incentive to break the law.[xxxii]

Today, this banking elite owns the lives of millions of Americans by imprisoning them in debt. In the third quarter of 2013, consumer indebtedness reached $11.28 trillion.[xxxiii] 2014 and every year thereafter will see household debt increase. The majority of this debt, in the form of mortgages and outstanding home equity, student loans, auto loans, and credit cards, is money owed to the banking industry. It is by keeping the masses indebted, securing government allegiance and protection to extract money from citizens, that bankers are able to control the economy.

In a letter to Federal Reserve Chairman Ben Bernanke, Representative Alan Grayson and three of his Congressional colleagues raised their concern over large investment banks taking over the real economy. According to their investment relations reports, both banks are engaged in the “production, storage, transportation, marketing and trading of numerous commodities.”[xxxiv] These include crude oil and oil products, natural gas, coal, electric power, agricultural and food products, and precious and rare metals. Additionally, JP Morgan markets electric power and “owns electricity generating facilities in the US and Europe.”[xxxv] Goldman Sachs has entered the uranium mining market. According to Rep. Grayson, none of these activities have anything to do with the business of banking, and there is no indication that the Fed or any other agency is regulating these irregular business undertakings.[xxxvi]

In early 2013, the Swiss Federal Institute of Technology in Zurich conducted the most thorough analysis of the financial ties between over 43,000 transnational banks and corporations. This was the first empirical study to identify a network where global power and wealth is most heavily concentrated. Their startling results observed that a small faction of 147 super companies controls over 40 percent of the entire transnational network, with an additional 36 million companies below them. Predictably, almost all of the 147 super companies were financial institutions, with Barclays, Capital Group, the Vanguard Group, Deutsche Bank, JP Morgan, Goldman Sachs, Credit Suisse, and Bank of New York among the top of the list.[xxxvii] With financial instruments of speculative trade insufficient to satisfy greed, such companies have every incentive to move into new territory, particularly resources and services that are essential to life. This includes fuel, water, food and minerals. As it stands, at least twenty-five major US companies have more wealth than entire countries.[xxxviii] The prediction can be suggested that with current trends, the largest global banks will become the world’s most powerful “nations,” acting with complete autonomy outside of international laws that apply to sovereign states. As corporate groupthink increases and infiltrates the larger civilian community, the transnationalist mind will persist as a breeding ground for psychopathology.

Conclusion

The consequences of today’s cowboy free market culture have sent the US middle class and economic mobility spiraling downward. Laid off workers have nowhere to use their skills to earn a livelihood for themselves and their families. Consequently, the worker is unable to meet expenditures and falls into a lower income bracket or poverty. Mortgage defaults, credit card payments, and loans drag him further into debt. Without work and hence unable to pay taxes, the state, county and town suffer. In turn, local entities are forced to reduce their workforce and public services. The final result is the decline in the national quality of life, and the gradual deterioration of the US. The inequality gap widens as the wealthy get richer and more powerful, while growing numbers of families become destitute.

A clear conflict exists between the values that we promote in the home and those values that are rewarded in the workplace. Unless we apply the same moral requirements to governments and corporations as we do to ourselves, friends, and families, the revolving door at the top of society will continue to consolidate power and wealth at any cost.
Enhanced by Zemanta

The Police Are Involved In Every Aspect Of American Life

The famous "black and white" LAPD po...
(Photo credit: Wikipedia)


By; Richard Martin

The police seem to be an integral part of everyone’s life in the U.S. today. Even involving social problems. Errant school behavior has become a police issue. Driving without a seat belt can easily escalate into an arrest. Air travel pat downs. Suspicion (justified or not) of drug use. Even staying at home can be hazardous. Anyone who “looks Latino” is at high risk of being stopped as being potentially ‘undocumented’. The outrage of incarceration in the U.S. It is said the average American commits three felonies a day without being aware of it. Poverty and deprivation in the U.K. How future generations unborn are being robbed today. U.S. households’ net worth at a record high. Yes but… GDP grow misrepresented as usual.
Enhanced by Zemanta

CNN Video - The top crimes and trials of 2013

Bitcoin 101 A Beginner's Guide - Part One Video

The bitcoin logo
The bitcoin logo (Photo credit: Wikipedia)



As we have said, Bitcoin is without question, the single biggest story of the 21st century right now.  It's like the invention of the automobile in many senses.  No matter what happens in the future, this technology is going to change everything.  We thought 3D printing was the major news story.  It's a big part of future trends, but Bitcoin is by far more a game changer.
Enhanced by Zemanta