Showing posts with label bailouts. Show all posts
Showing posts with label bailouts. Show all posts

Thursday, February 1, 2018

Obama and Total Failure of African American Politicians



There is a photo going around  Facebook amongst black Facebook communities with JAY Z surrounded by a bunch of artists and celebrities, and many people saying a billion dollars around them yet black society is still down and how selfish these black celebrities are. There was a time perhaps a decade back when a white asked Oprah why doesn’t she help the black community she has enough money. To call black celebrities selfish in this manner is a lack of understanding of how society operates.

I am no great fan of Jay Z, that use of the word nigga is disrespectful and taking blacks for cheap faeces, I have no love for Oprah, incidentally it was Jay Z who first opened my eyes about Oprah, she never once cared for blacks, never tried to help them on her show, years later I would find out she refused to put Sophia Stewart on here show at her most desperate hour, these whites had made billions from her work and refused to give her credit, but is it the role of a celebrity to uplift black society financially? Why are white celebrities not expected to uplift white society financially, this is a phoney argument, let us look at reality as it really is, not as we wish.

A society is made up of individuals, each individual has a purpose to fulfil, and they will fulfil it if they attempt to. A slave calling for riots and is killed has not failed, their purpose was to call for riots and burning of the evil enslaver. A footballer’s purpose is to be the best footballer they can be, a boxers purpose is to be the best boxer they can be, an artist is to be the best artist they can be, a doctor job is to cure people, that is the purpose of being a doctor. An economist must show how the economy works, an artist is to be an artis, you expect a journalist to be honest, that is a journalists role unless they are compromised and think of fancy cars over and above the truth.

One cannot fulfill their role unless they accept they are an individual and have specific potential within them as self, as I, as me, talents unique to the self and use their talents, by merely using those talents they are being part of society, that’s why through the ages great minds have talked of the right of the individual.

The role of a bank is to circulate money around society and hopefully be intuitive enough to get the loan back plus interest. Business thrives with these institutions always ready to give a loan for something viable. A bankers’ role is thus to ensure money circulates in society to what their experience tells them will give them a return, the more capital a bank has the larger the risks it can take. A bank is a pool of capital for the community, what specifically has happened in America and particularly to the African American banks.

Over the last nearly century and a half there have been economic crises, in an economic crises banks come under heavy strain, as a believer in liberty I would say they should get no help, but the reality is Washington has been bailing them out for nearly a century and a. half. Though black banks have existed all this time, only Anglo Saxon and Jewish banks have been bailed out, meaning after every crises Anglo Saxon and Jewish banks would regain their strength and  help their communities, whilst the black banks never got a bailout. Thus Anglo Saxon business and Jewish business no matter the crises always had access to capital, but black business capital pool would always shrink as they got nothing from Washington. The key word is Washington, the political capital of America, Anglo Saxon and Jewish banks have been saved all along by the political process, not by celebrities, it has all been a SCAM to starve the African American from capital, and after each crises black business has less and less access to capital.

It is not talent that Anglo Saxon and Jewish communities are thriving, it has been access to capital, access to FREE MONEY from Washington over a century and a half. It is a pure political issue. In 2008 Obama became President of the great United States, what did he do, the first thing was to save the Anglo Saxon and Jewsih banks so that those communities have access to capital, and he did what every white President has done, ensured the destruction of the capital pool for African Americans even though they ignorantly cheered him on, he changed nothing, but black pundits keep saying oh he saved the economy, and this and that, but there will be another down turn, the African banker will be too weak to distribute money to his community, the final nail in the coffin delivered by a black man, OBAMA.

If Obama spoke at all for the welfare of the African American economy he would have said, sure I agree to give trillions of dollars to the Anglo Saxon and Jewish banks so that they help their communities, but as an African American 1% should go to African American banks, the gutless fool couldn’t even do that, thus African Americans must wait last in line until the most stupid Anglo Saxon and Jew is taken care off before they get a job, because their financial institutions are too weak to care for black business. So yes a black created a car manufacturing plant, but after a crises, no Anglo Saxon or Jewish banker was going to lend them money, they are not part of that community, to own a business and hire thousands of blacks, no Anglo Saxon or Jew is going to agree to such independence. They want to control that’s why Washington and surprisingly even under Obama wanted to achieve. It has been achieved.

This starvation of capital has meant that though Anglo Saxon’s and Jews have received enormous amounts of FREE MONEY, even the most talented black must go hand and cap to them to do an answer will usually be no, the black politician failed to talk for black financial community, the first thing an Anglo Saxon or Jewish politician thinks of, that is survival for a community, and with that free money they come showing off and writing in media they own how talented they are, it is not talent, their politicians spoke for them, OBAMA AS President failed to speak and act, as PRESIDENT he could act for the AFRICAN AMERICAN Financial community, a total failure. A politicians job is to talk for the community, not, win, at the least open your bloody mouth for their survival, Obama like Trump thinks the black community is thriving under white control and blacks must control nothing no matter how talented.

Stop blaming celebrities and look at reality. The African American politician has failed the lifeblood of that society, but they cheer the free condoms from Obama,, you are too many stop reproducing.

Bhekuzulu Khumalo

Monday, August 8, 2016

Liberty and the rise of Free Humans


Every politician promises change, and it is always change for “the better.” If every politician is promising change that means for generations, across civilizations politicians have been promising the same thing, change for the better. It is time humans realized that change comes from the people deciding the way, and that comes and can only come from liberty.

The only idea that does not come with some establishment controlling the way is liberty, and that is the promise of liberty, that change will be determined by the people as liberty’s core promise is that all citizens are equal before the law, they are each valued equally by a political system.

Liberty/ freedom, means there is no establishment, there is no click controlling the political and therefore the economic system of the society, this is because the state is for everybody.

Volumes of words can be written about how it is not liberty to have a click controlling the state, a click getting bailouts and subsidies, a click controlling the purse of the state, all these arguments are a valid reason for demanding more liberty and freedom, however the most important argument for liberty is that liberty looks forward, it looks into the future.

Liberty and therefore freedoms hidden power is that it is forward looking, it does not call on the past, it does not call on dead civilizations or empires, princess, princesses, gods, or demigods, liberty already acknowledges the past, the past is settled and cannot be undone, liberty deals with the present moment, it is the entire society dealing with the present moment, not calling on some elite to solve a problem thus sustaining the past of that elite but dealing with the present moment. Liberty merely says we are all human and must contribute to the society as such with our own efforts, not giving our efforts to an elite.

Bailouts are simply giving societies efforts to an elite and sustaining the past and keeping that elite going for another generation, bailouts are simply to sustain an elite, never to sustain a society no matter what lies leaders of that society say, bailouts look to the past, to sustain those of the past even if they are corrupted.

Liberty and freedom warn us of the past, it warns us of history repeating itself when liberty and freedom are not present. Liberty recognizes that when people are not free those claiming to be brave as they uphold a system when met with equally armed people they are oppressing are suddenly not so brave, that is why they always demand to be armed better, everyone is brave when they are in an armored vehicle and stones are being thrown at them. Everyone is brave when they are in a fighter jet and are fighting an AK – 47, liberty understands the falsehoods of this bravado, and says it is better people are free to use their efforts to improve society rather than wasting efforts looking for ways to fight oppression.

Oppression always begins with a government protecting an elite and the lies that follow from there, be they cultural lies like need to bailout elite to protect everybody else, this is merely looking at the past, or scientific falsehoods that some are genetically superior than others.

Liberty understands that an oppressed people must eventually fight and kill off their oppressors, that is the way of the human, the opponent must be killed, as the oppressor has willingly been killing the people physically and spiritually robbing them of being human, turning them into lessor humans. Liberty wants to avoid this past. In a proper uprising not only are humans to be killed but the economic infrastructure of the oppressor must be destroyed, as the oppressor is fighting to keep others poor, what is built by man can be rebuilt by man.

Liberty alone recognizes common people, that we are all just common people, conservatives believe some elite is above the common people, at it’s most raw it just says the basis of elitism one must belong to a certain race, ethnicity, religion. Socialists believe in the elite of committees, the elite of the politburo, and the committees that are there to direct the people, at their most raw they believe these committees must be filled with people who come from a certain race, ethnicity, religion, or background. Liberty does away with all this nonsense, it says we must all be or the past must repeat itself at some point, death must come to purify the evil.

Liberty is like the meditation master that recognizes we must accept the present, the past is the past.  

Bhekuzulu Khumalo

Tuesday, August 2, 2016

Break up the Banks: The Fascist Con





America is the heart of the global fascist movement, of big business in cohorts with the government. It is the heart of the fascist movement not only in terms of practicality but ideologically, and big business through giant media has willingly approved and called the fascism free markets. In reality the US government is run to protect the interest of the elite and the wealthiest of wealthy families, the top 0.1%.

The Republican party spent generations fighting against Roosevelt’s initiative the Glass Steagall act in the name that it was against the free market, not forgetting when the act was initiated it was for the protection received from Roosevelt's government at the time, he basically printed money for the big banks so that they could survive, same thing as Bush jnr. and Obama. In time the depression was forgotten and calls where heard that more money could be made by the elite if Glass Steagall was out of the way, and the Rhodes scholar, Harvard and Oxford educated Clinton complied, then within a decade troubles had become unsurmountable and soon things broke down again and there was Yale educated Bush in the name of saving freedom gave the elite trillions, as well as Harvard educated Obama. These are crooks, nothing but crooks.

Let us look at recent memory, the collapse of Lehman Brothers and the economic chaos that followed. Again the market had decided the banking sector needed change, and it signaled this by the impeding collapse that was due when Lehman announced bankruptcy. The market had decided a corrupt sector was no longer viable and it would have to collapse and something new would come and replace it decided by the people, not by a government, not by an elite sector, decided by the market, and the market is be definition the people. As in all systems run by an elite for an elite in America, in Europe, the elite stood up ignored the will of the people and decided they must save themselves and their fortunes, and who was there, the governments they controlled.

The market would have had the banks bankrupt and broken up and that elite that had concentrated wealth in its hands would have seen those ill gotten gains lost in the form of shares they owned in these corrupt and corrupted institutions. But they where saved by printing money, and this has resulted in worst inequality of wealth in generations, well what do people expect when they say they are smarter than the market, instead of being punished for corruption they where rewarded with the greatest printing of money in history such that now, there is no billionaire one can admire as it mostly can be traced to printed money, government assistance and culture of the insider.

Now the same elite is talking of breaking up the banks, they want to break up the banks in a manner that benefits them, they want to control the process so that they keep their ill gotten gains, gains legally from Bush jnr. Obama, Europe and Chinese governments all of course copying the lead of the Milton Friedman inspired theft of print money for the banks. Everything about the elite, every policy is meant to benefit them only, and they call it all free market, they call bailing out banks free market, they call corporate trade deals free market, they truly think they are fooling people, indeed they are, blacks still love Obama even though statistics have shown that under Obama they have fallen further and further behind, they use tricks of lies and the media.

Today there is talk of breaking up the banks from both Democratic and Republican party nominees from the presidency of the USA. Hypocrisy of the worst kind, the market had already done that and both parties refused because it would have meant new players in the banking sector as top insiders would have had to exit for their absolute corruption and incompetence

The system is completely rigged, that one needs a will of iron to continue, the corruption starts at the top and infests the entire society, it becomes a culture as everybody sees those supposedly representing the people dishing out goodies and contracts to a wealthy elite. The system is corrupted from the government giving favors to the elite to a union foreman giving a job, to those sweeping the streets, it becomes culture. A free society has no bailouts, government is kept small such that we do not hear hypocrisy of banks needing to be broken down when the market had already done that but it would have done it in a manner not favorable to the elite who desire inter-generational theft, in order to finance their fraternities start ups and call them geniuses. 

Bhekuzulu Khumalo

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Bhekuzulu Khumalo

I write about knowledge economics, information, liberty, and freedom