Catastroika

[Hatha Sunahara]

Some great insights into Neoliberal agenda. Americans generally haven't a clue about Neoliberal economics. This is what happened in Russia in 1994, in Chile in 1973, and is what is happening in Greece. You can select a language for the subtitles.


http://dai.ly/JDhFrG

Hatha

[Hatha Sunahara]

Here's a brief description of it:





Global Research, July 18, 2012



URL of this article: www.globalresearch.ca/index.php?context=va&aid=31974 (http://r20.rs6.net/tn.jsp?e=001mHa_hxnT8P0jE8lieaqwOIACc0MYPEN_Vwzm_D 2iM3RF1Oh9yE0g8sKzYoiCpC6PQ189w60G7BXU0ETaEaKjt1U3 thq31NHIijSe9V0cKJQQbd1TSpOoPfvQgrqn4Kok298CxbV5rj XZfaQmT1IIa3muIt3BLn9d2g5zYL62MPE=)


Here are the latest analyses posted by Global Research on the various consequences of the global economic crisis and what lies behind the Libor scandal.
Catastroïka (http://r20.rs6.net/tn.jsp?e=001mHa_hxnT8P1JGOUSzzPgryx7vMbZwneH7Q8TKC Kh05szyu0axIyPi35hrUTnK1DI2mPqdXMgmzWSCRpY_l0gey1T AuKM0-2KkA-Z7-iumzGn5DjKf1-NxJbzzDo9R-KYI_ciqEsW750kZjajJC6Gp8Lql9nWIaGQ37YBBIlcWTg=), a documentary from the creators of Debtocracy, explores the history of “countries under financial occupation” unveiling what awaits Greece:
It was at the beginning of 1989 when the French academic Jacques Rupnik sat at his desk, in order to prepare a report on the state of the economic reforms in Mikhail Gorbatsov’s Soviet Union. The term that he used in describing the death rattle of the empire was “Catastroika”. In Yeltsin’s time, when Russia instituted maybe the biggest and least successful privatization experiment in the history of humanity, a group of Guardian reports assigned a different meaning to Rupnik’s term. “Catastroika” became synonym of the country’s complete destruction by market forces; the sell off of public property; and the steep deterioration of citizens’ living standards.

Now, Catastroika’s unit of measurement was unemployment, social impoverishment, declining life expectancy, as well as the creation of a new cast of oligarchs, who took over the country’s reins. A few years later, a similar effort to massively privatize public property in unified Germany (which is presented as a model for Greece) created millions of unemployed and some of the biggest scandals in European history. It is this “Catastroika” that is coming soon to Greece; to “Europe’s last Soviet Republic” as the MPs and the ministers of its former “socialist” government liked to call it. (Info about Catastroïka (http://r20.rs6.net/tn.jsp?e=001mHa_hxnT8P0sELync7N003de1HpdBvJ7krACy8 MBiGKrGJKGlpPI3XNvJvOJHfdLTN5ufY5vrnC8qzXr5x95OgUO zjcnJbl36FfQQbBbOQWsbT1LcGU0nxMgwkp7tnJ94GWame7OIA 8DLfqTjbwpEUfIfPQ50W4qPSL20DpdQRY=). Watch the documentary on GRTV: Catastroika: Privatisation Goes Public (http://r20.rs6.net/tn.jsp?e=001mHa_hxnT8P0GuYc1ilFpadv9YYQDy8_N9jcyfp Y8W03quxj5h-xLrqqvQXOxSVXW5I2pyWHiq6vg6w5nqlt51SlJwbz2zlm3iwGT rN8q34RavFV8GqkSy0xYuDgQmEmKImkFzhVroi3z6ENo7EqvVI J6IsTRytRY9od5HqNMEYM=))
But while many countries facing a debt crisis are taken hostage by a series of austerity measures benefiting the financial institutions, reports reveal once again bankers manipulated the banking system to their own advantage, as shown by the Libor scandal, which represents only "the tip of the iceberg":
According to news reports, UK banks fixed the London interbank borrowing rate (Libor) with the complicity of the Bank of England (UK central bank) at a low rate in order to obtain a cheap borrowing cost. The way this scandal is playing out is that the banks benefitted from borrowing at these low rates. Whereas this is true, it also strikes us as simplistic and as a diversion from the deeper, darker scandal. (Paul Craig Roberts, Nomi Prins, The Real Libor Scandal... "With the Complicity of the Bank of England" (http://r20.rs6.net/tn.jsp?e=001mHa_hxnT8P0wKLjirOzuL6v4LtWfEHMzqvNyDH sts7SJxYTPazJhb3DuGVnqM-WtzBhe3EyvfIMfkbaxE25JWlui8-M79B_xcF3BETooanhuPRtqJ3yaNDEOyX1PcmWK0xWeUFG65ic1 WZ5_EvuEGWk80oijLFN6H0sFPJj6MTU=))
In the same vein, JP Morgan admitted recently hiding losses:
JPMorgan deliberately falsified its first quarter report to the SEC in order to conceal its massive gambling losses. This is a crime—a violation of banking laws for which Dimon, as the CEO, is responsible. That Dimon was involved in a cover-up is underscored by the proof contained in Friday’s report to the SEC that he was already aware his bank had lost hundreds of millions if not billions when he told a conference call in April that reports of major losses by the bank’s CIO were “a tempest in a teapot.”
The trading loss debacle is only one of many scandals engulfing JPMorgan Chase. (Andre Damon and Barry Grey, JPMorgan scandal: The tip of the iceberg (http://r20.rs6.net/tn.jsp?e=001mHa_hxnT8P2pIGy22i0qGljSZ84l-30XBYQncNqEuqNBmVO3l3XqMbgh1C1cLWlC8anaFWG3Mrv84l0 YCZP5ByxKOFUbqwRwti47aIWZzofGyorPYpsio8TLd-eI3UnROdiSRFcsA_boQf0wtH-ii1AkwqU1KlXlZYwEnftHo8c=).)

[Kruger]

Neo-con, Neo-liberal... Same damn thing. Same fucking people.

I agree with what was described in the article. Once a country has reached the point of being too socialist/fascist and the people begin to balk, the elites start pushing the "neo-liberal agenda". They tax more, cut off benefits, and sell off all the government assets to their elite friends. The politicians get blamed, along with the ideology. While the rich elites make off with their loot.

Then they move on to the more prosperous countries, where they can steal from people using government. As the parasites get greedy and their parasite friends all feed off of the country's wealth, the government power and bureaucracy grows.

Now is when we see everybody fed up with the socialist/communist/fascist system that has grown inefficient and impoverished. The parasites cut and run, but not before they loot what they can by pushing privatization (selling shit off to themselves).

[Hatha Sunahara]

I finally found it on You Tube:

http://www.youtube.com/watch?v=zCGSiqow9k4 (http://www.youtube.com/watch?v=RORPpFL21dM)


http://www.youtube.com/watch?v=zCGSiqow9k4

There is a point where Naomi Wolf describes the Neoliberal agenda succinctly: It is colonialism held together by debt.


Hatha

[messianicdruid]

Catastroika x Kruger's insight + Hatha's insight = The last official act of government: loot the nation.