Showing posts with label ponzi scheme. Show all posts
Showing posts with label ponzi scheme. Show all posts

Sunday, 17 September 2017

PFI, Private Fiddling Initiatives.


         In this greed driven capitalist system the financial Mafia and the moguls of the corporate juggernaut have refined the numerous ways they can steal from the public purse, of course with the unstinting assistance from their minders, the state apparatus. They work hand in glove with each other to further the plunder of that public purse.
       The capitalist greed merchants start their grand theft by first managing us, the ordinary people, to "work" for them in producing tremendous wealth, then let us lick the droppings from the cats saucer, then they move on to getting us to pay rip-off prices for the merchandise we produced.
       Of course there are other ways they dip their hands into the public cash machine. One of those devious rip-off schemes is the Public Finance Initiatives, (PFI). This is the con-trick of getting public bodies to engage in projects where the financial Mafia fund the infra structure of our NHS and other public institutions. Then, in theory, the infra structure becomes the property of that institution. In the UK this con-scheme started about 20 years ago, with a push from the corporate friendly State. Today, these public bodies now owe a staggering £300 billion in PFI debt. Our public institutions are in hock to the financial Mafia to that mouth dropping £300 billion, that's debt that you and I will have to pay the vampires from our taxes.
         Our NHS is sinking under a totally engineered, state and corporate greed burden. Between 1997 and 2007 approximately 90% of capital investment in the NHS was PFI. The result is that today the NHS is cracking at the seams from lack of funding, yet it has to pay out to private companies a staggering £2 billion per year. £2 billion of our cash that could be improving the service to the people, is flowing into the bank accounts of private companies. Will it end, well not likely, as by the time that the infrastructure is paid off, it will need upgrading, repairing or replacing, and so the merry-go-round continues, shovelling our cash into the pockets of the vampire squid, the corporate world. It is a brilliant scheme for transferring public money to private bank accounts, and let's not talk about the quality of some of those PFI built infrastructures, that's another story.
       If you are foolish enough to want to continue this plunder of the public purse, then stay with the present greed driven corrupt system of capitalism. If on the other hand you would like to live on a society that sees to the needs of all our people, without the rip-off from greed driven power mongers, parasites and vultures, then you have to look at demolishing this man made economic system of exploitation and corruption. Stop appealing to the parasites, to be a little more kind to you, and to give you a little more of the wealth that you created, they don't understand that language. 
        Only the ordinary people can create a society that looks after the ordinary people, only when we control our communities and our work places, can we hope to create that better world. Forget that middle class approach of petitioning for improvements, within the parameters capitalist system, forget the pointless appealing for reform, where some extra crumbs come you way. Forget a bigger crust, take over the bakery.
Visit ann arky's home at www.radicalglasgow.me.uk

Monday, 30 May 2016

The Biggest Ponzi scheme In The World, Capitalism.



      Yes it is a con game, a ponzi scheme, a pyramid scheme, disguised as democracy, you are free to buy what you want, after you have produced it all, assuming you have the where with all. And Yes, why don't they get it?
These words from Not Buying Anything:
 
        Everything is a pyramid scheme these days. Operations that funnel all the wealth to the top, while those at the bottom that are doing all the heavy lifting watch as their quality of life goes down, down, down. I refuse to participate, and always have.
       
Being this way has created a lot of stress, mostly for other people who don't understand where I am coming from. I understand that when you are soaking in it, deconstructing the intricacies can be difficult. As my good friend Doug once said, "Why can't they see it?"
       
Indeed, why can't they? Viable alternatives, such as cooperatives, are well known, but largely unused. No one wants to miss out on possibly getting to the top of the scheme, any scheme. Why risk going for a more equal world when you might become one of those that is more equal than everyone else?
       
But how many actually make it to the top? And once there, how do deal with the loss of your compassion? Your integrity? Your very humanity?
        As always, be careful of what you wish for. It's a pyramid scheme. It's not, you say? Then it's probably a closely related scam known as the ponzi scheme. Because that's how we roll here at the end of capitalism.
Visit ann arky's home at www.radicalglasgow.me.uk

Saturday, 27 September 2014

A Casino System Run By Addictive Gamblers.




        The economic system explained. We need to use the Amazon forests to make the paper to print the money to balance the books. The world economy is one large ponzi scheme.



Visit ann arky's home at www.radicalglasgow.me.uk

Saturday, 2 June 2012

THE END OF THE BANKERS' PONZI SCHEME?

         Predictions for the global economy and banking system grow more dismal by the day. One financial commentator, Business Insider, puts it thus; “The problem is not Government Debt per se. The real problem is that the $70trillion in G10 debt is collateral for $700 trillion in derivatives--- Yes, that equates to 1200% of global GDP and it rests on very, very weak foundations.”


       Here in Europe the financial Mafia and their action men, the national governments, waffle with all sorts of ideological theories, from bleak brutal austerity, to austerity with grow, but nothing is actually being done, meetings and discussions keep them busy, sort of fiddling while Rome burns. Of course we shouldn't blame them too much, as in actual fact there is nothing they can do, the ship has a large hole well below the water line, it is called “magic money made from nothing”. What this means to the ordinary people caught up in this the biggest ponzi scheme of all times is dire poverty and deprivation on a scale not witnessed before. At this stage of their game unemployment across Europe is now at 11% for the second month in a row. Spain, has the highest unemployment rate in Europe at 24.3%, about the same as the US during the “Great Depression”. Greece at present has 21.7% unemployment, with Italy and Portugal both having 15.2%. France, one of the supposedly economically strong nations of Europe has unemployment running at 10.2%. Even that saviour of the western capitalist system, the US, unemployment has risen again and is now at 8.2%. These figures equate to 17.4 million people out of work across Europe, of that total 3.5 million are 25 years old or younger, up 214,000 on the previous month. What future does that predict for those young people of today and those still at school? In the face of all this “economic gloom” companies across the globe are shedding jobs like trees shed leaves as winter approaches.


        To any informed observer of the capitalist chaos that is at the present time, destroying millions of lives across the planet, it becomes obvious that the system cannot work for the benefit of the ordinary people, it cannot be transformed into some fair, just and compassionate system that will see to the needs of all our people. It is and has always been an unfair, unjust elitist system and at present it is the the throes of its biggest crisis since its inception, and its only chance of survival is to plunder all public resources and assets and in the process destroy the lives of millions of innocent people. This chaos in the capitalist ponzi scheme is also an opportunity for the ordinary people to organise outside the system and take control of their own lives, control of their communities and their work places. To start to build a system that will produce for the needs of all our people freed from the greed for profit, a system that is built on co-operation and sustain ability. Now is probably the best opportunity we have had in years to bring down a system that has exploited our parents and our forefathers, generation after generation. In the words of the song, “From the ashes of disaster grow the roses of success”, however it is up to us, the ordinary people, but we have to do it without, Leaders, Presidents, Monarchs and others of that ilk. Their record is one of greed, disaster, exploitation, war and deprivation.
An attempt to rescue the bankers and their friends.

ann arky's home.

Saturday, 26 May 2012

LIVING IN A PONZI SCHEME.

          We have a system where the poor are pushed deeper and deeper into poverty, and by legislation ruthlessly trapped there. It is a system that will use the language of irrationality to prove its groundless claims. There is the cry from our privileged overlords for a return to family values while at the same time branding a mother who stays at home to look after her children, a scrounger, and if she goes out (forced out) to work, with no time off to care for the kids during the summer holidays, she will be accused of being a bad mother allowing her kids to roam the streets. On occasions when some individual “cheats” the benefit system, all hell breaks loose and our lords and masters scream about all the “lower class” being feckless, lazy parasites. Though they never mention the fact that the system itself is one big ponzi scheme, riddled with fraud and corruption, where that fraud and corruption increases in size as you go up their vitiated ladder.
We have to crack down on those benefit cheats!!
           It is also a system dominated by super-rich, over privileged, privately educated middle aged men, who have no perception of what it is to live at the “ordinary” level of life, to struggle with bills and worry about keeping a roof over your head, or whether your job will be there next month. All that daily struggle is an alien world to the real super-rich parasites who control the system and our daily lives. Like I have said before, they need us, we don't need them.

Saturday, 24 March 2012

GREECE TODAY - TOMORROW----??





          Having been a long term visitor to Greece and having a family connection there, I can tell you that the full extent of what the Greek people are suffering is unbelievable, it is criminal, it is brutal. It isn't reported on by the mainstream media, what they give you is what the financial Mafia are preaching and the need for “tighter fiscal policies”, never the human cost, or the real reason for these “austerity cuts”. The Greek people are expected to accept a life of severe third world deprivation for the next generation or two at least, and all that that entails, deprivation, increased health problems, homelessness, rapidly rising suicide rate, drug and alcohol addiction and massive unemployment. What is more, they are expected to accept it like good subservient serfs. Ask your self, what would you do? Would you kneel and accept this blatant plunder of the all public assets, the destruction of the social fabric of your society, see your kids and grand kids' future deposited in the bank account of the corporate fascists that rule this world, or would you stand up and try to do something about the situation? Well now is the time to stand up and do something. There is no point in appealing to your "elected" government, it has been taken over by a Goldman Sachs hit man with his heavy team waiting in the wings, the illusion of democracy has been shattered. What worries me is that we all tend to feel that it is all happening over there, and our media feed this type of illusion by spouting the usual crap about, it couldn't possible happen here, we don't have the failings of those people over there, but we are all in the same Ponzi scheme. It is all a matter of degree, and sooner or later our little illusion will be shattered and we will all be standing doing battle in our own little patriotic backyard. Mean while, the corporate fascists are organised world wide. This is not a national problem, this plunder of public assets is organised on an international basis and it can only be combated on an international basis, by pan-European action organised to change society, not to modify it. Of course you may feel that your government is more democratic and wont let it happen to you, they'll fix it before it really hurts you, more the fool you.


ann arky's home.

Friday, 23 March 2012

A CONTINENT ON THE VERGE OF INSURRECTION!!


       Across Europe the people are being squeezed, it is all a matter of degree, where you stay will determine that amount of pain you receive. Greece is at the forefront of the attack, with wages cut by 50% and more, in some cases wages delayed for a couple of months, taxes increased, pensions slashed, social services destroyed and unemployment going stratospheric. The Italian government has been replaced by a member of the financial militia, as has been the Greek government. Italy has had mass demonstrations on the streets, Portugal is gearing up for a general strike, Spain likewise, and it already has had several one day stoppages, Ireland has dropped back into recession. Recently Spain's Prime Minister stated that comparing Spain with Greece was ridiculous and that Spain would meet it fiscal targets of austerity and reduce its deficit. However, meeting its fiscal targets, set by the financial Mafia, will mean more suffering poured on to the backs of the Spanish people, will they accept more poverty to save the bond markets?



        Romania, Hungary, Belgium are all doing the austerity thing and the people are suffering, the usual lie from the financial Mafia is that it is a “crisis”. There is no “crisis”, everything is working fine, all public funds are being directed to the corporate fascists that rule the world, everything is being privatised to help to re-capitalise their coffers, all is going according to their ideological plan. We are fed this illusion of “crisis” in an attempt to get us to swallow this rapid plunder of all public assets. You may see a worried look on the faces of the ordinary people, but you will only see smiles on the faces of the bankers, bond holders and the corporate world. How long will the public take this purloining of their kids future, how long will they suffer the lies of their “elected representatives”, how long before they public realise the system is loaded against them. It can't be modified to suit their desires, it can't deliver well being for all, it is a ponzi scheme and we the public are the dupes.



       The system has to be destroyed and now more than ever it is obvious that it is not a national problem, it is international. It is the people of the whole of Europe that have to rise up and create an alternative, we have to stop saying, “Please Sir, can I have some more.” It is our world or it is their world, we have to decide. Do we want more of the same, always struggling to get a little more from our masters, or do we want a world that sees to the needs of all our people?

This from Anarchist News.
The spectre of the revolt of December 2008, which shook the country deeply after Alexis was murdered by the cops, has haunted minds for months in Greece. Indeed, faced with the unprecedented poverty in the country, with the impossibility of “improving” the economic and social situation, faced with the turning of the screw on the whole population in the name of upholding the system and power, many people have put in their lot for the return of that spectre, for a vast revolt against the State and capitalism without compromise or mediation. After the vote went through on the nth package of austerity measures, which among other things stipulated a 30% reduction of the minimum wage (with all the prior reductions, this adds up to a 50% wage reduction in less than a year), it’s not“just” that spectre that’s taken hold of Athens as it has of several other cities – it’s something more: that night, after the vote, a breeze of insurrection blew in. Dozens of buildings were burned to the ground (banks, institutions, supermarkets, “historical heritage sites,” ministerial buildings,...), hundreds of businesses were pillaged and destroyed, barricades were erected, aside from the heavy confrontations with the forces of order, building occupations, etc. But that gust blew away all attempts to make “calculations”about what was happening too… the sheer vastness of its scope, involving dozens of hundreds of thousands of persons, every one of them charged with their own load of rage, desire, ideas – every one of them ready with their hands. No politician, no manager, no“politics” could lay a finger on it without the risk of getting burned.
Continue READING:


Monday, 13 February 2012

YOU ARE ALSO IN THE PONZI SCHEME.


           Having been a long term visitor to Greece and having a family connection there, I can tell you that the full extent of what the Greek people are suffering is well beyond the propaganda on the media. What is not reported widely by the mainstream media are the facts on the ground, the people behind the statistics. Overall unemployment is running at over 22%, among the young it is over 50% and the IMF, (International Mankind Fuckers) has dictated that another 150,000 have to lose their jobs. On top of three years of wage cuts and tax increases, the Mafia at the IMF are demanding a further 22% cut in the minimum wage with further pension cuts. Think on these figures, try to see it happening where you live, what would you do? The Greek people are expected to accept a life of severe third world deprivation at least for the next generation or two, and accept it like good subservient serfs. Would you kneel and accept this plunder of the social fabric of your society, see your kids future deposited in the bank account of the corporate fascists that rule this world, or would you stand up and try to do something about the situation? There is no point in appealing to your "elected" government, it has been taken over by a Goldman Sachs hit man with his heavy team waiting in the wings, the illusion of democracy has been broken. The technocrat Papademos, installed by the IMF to run Greece in a manner suitable to the financial Mafia, obviously has double standards. In a statement about the mass protests taking place across Greece he said, ”Vandalism, violence and destruction have no place in a democratic country and it won't be tolerated.” Of course he believes that an international body imposing somebody to run that country, has a place in democracy and will be tolerated? Well perhaps it will be tolerated by the suits in parliament, but will it be tolerated by the people? The extent of the anger in Greece can be seen in the bitter clashes with that imposed authority. In Athens as the suits with their imposed leader sorted out the implementing of the IMF plan, riots covered the city. More than 150 shops were looted including at least one gun shop, 48 building were set alight. Also destroyed, perhaps symbolically, was the Asty cinema, which was used during the second world war by the Gestapo as a torture chamber. While this was going on, similar scenes were taking place in Thessalonika, other cities and on some of the Greek islands.

 





What worries me is that we all tend to feel that it is all happening over there, it couldn't possible happen here, but we are all in the same ponzi scheme, sooner or later our little illusion will be shattered and we will all be standing doing battle in our own little patriotic backyard. Mean while, the corporate fascists are organised world wide. This is not a national problem, this plunder of public assets is organised on an international basis and it can only be combated on an international basis, this is corporate fascism taking full control, the end of elected governments having a say in the fiscal policies of their country. Of course you may feel that your government is more democratic and won't let it happen to you, they'll fix it before it really hurts you, more the fool you.

ann arky's home.

Tuesday, 8 November 2011

WISDOM FROM THE STREET.


           An economic lesson from the street, no need for a university degree, listen to the voice from the street. It is cheaper, clearer and more accurate. When will we wake up and destroy this game of fraud and corruption, that shackles us to a permanent fear of deprivation, in a world of plenty?




ann arky's home.