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Next, we'll need to address white collar criminals who attempt to pretend Corbyn and the movements supporting him victimise bankers and capitalists. For this Max Keiser's journalism can be very useful, not just that of left wing intellectual leaders like Alex Cockburn.   Share:  
Thrust of argument: First of all, let's look at a classic example of how broken, irresponsible, criminal and criminally negligent the overseeing of our 'financial system' has become.

<<<

Stacy Herbert on outrageous stock valuations. Meet the 25 million dollar grilled cheese truck.

Stacy Herbert and Max Keiser report that << The grilled cheese truck company has four grilled cheese vehicles and they have commenced trading on the over-the-counter market under the term GRLD [..] the company has a market value of 108 million. [..] (The company) has about one million dollars of assets and almost three million dollars in liabilities. In the third quarter of 2014 it had sales of almost a million dollars on which it had a net loss of almost 900,000 dollars. >>

Max Keiser observes << Markets go through cycles and sometimes trade at excessive highs and they get wiped out. >>

>>>
Direction of resistance / implied resistance: These white collar criminals and their representatives who try and pretend Corbyn's backers do not include a considerable portion of the real elites of this land, across every field, should pay attention to this particular nugget (much more to come, to deal with these particular criminals, right here, with clear arguments) concerning the misallocation of capital. Bear in mind that Keiser is a Wall Street expert. I know how much you'd like to just smear him and ignore him, but the facts are against you:

<<

Dumb money misallocates capital.

Stacy Herbert argues that misallocation of capital in the healthcare system is the result of the idiocy which underlies how it is controlled, who controls it and why they do that.

Max Keiser feels that misallocation of capital is short-changing infrastructure of important institutions (healthcare, for example) and of the economy in general.

We need a healthcare system which is thought out intelligently, Keiser insists.

Governments are pressured by "interest groups" to just do what corporations require. There is no bona fide healthcare system in the US. Cameron is paving the way for the UK to follow suit completely.

>>

 

 

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Removal of resistance: Now take a look at this - extremely rich and powerful individuals and families sucking welfare out of society whilst failing to share due profits with workers, leaving staff paid so little the state has to provide welfare to them to help them survive on such low income:

<<<

Subsidy of $900,000 per store, per year.

Dady Chery and Gilbert Mercier write << Given that WalMart currently employs 1.2 percent of the US workforce in the private sector, one could say that a significant part of SNAP serves to subsidize Walmart. That is not all. Many WalMart employees also rely on Medicaid and other government programs for anything approaching a decent living standard. Indeed, taxpayers are estimated to subsidize WalMart to the tune of $900,000 per store, per year. By contrast to the dire poverty of those who generate WalMart's wealth, if we put aside Forbes' official list of the super rich and do some of our own math, it immediately becomes evident that 'Number One' (Bill Gates) and 'Number Two' (Warren Buffet) are rather puny compared to Walmart's owners. >>

>>>

I would call it 'fake capitalism' - where people enrich themselves essentially by breaking the rules, by passing the cost on (eg to workers, to consumers, to the environment and thus state and taxpayer).
Unification: Let's finish with a couple of items from the past which, together with what I've said so far, is a kind of starter which these stooges for or actual white collar criminals should try to digest before the main course kicks off, perhaps this weekend or next week:

<<

All you 'proud capitalists' who praise our current failed-capitalist status quo, let's focus on how stupid you are being.

Corporations must deduct from their income the cost of -

repairing environmental damage they do, including to human bodies of workforce (thus proper income is also vital - outsourcing to factory slaves is an act of capitalist-failure)

anything else which is caused by their actions when producing what they sell us.

Instead, things like environmental damage and even low pay are left to society to make up for, we have to pay their bills.

For example frackers in the USA go to a place and frack it until it can be fracked no more and leave. The local government ends up having to pay the cost of dealing with most of the environmental damage done by the frackers. Fracking is alleged to be 'profitable' to some extent, some of the time, because considerable cost is just not covered.

If processed food makers cause cancer in society, the cost of those cancers must also be deducted from their income.

It is the case in every situation of a similar nature: those who do stuff to make money must pay for ALL the costs of the stuff they do including those which are knock-on costs.

So when you pretend that you support profit making you're lying to yourselves. What you're saying really is that if an armed robbery planner only spends about 100 pounds on the petrol and a few 100 on the weapons, that's good business, intelligent work and a clear profit - rather than a criminal way to just take money without earning it which technically anyone could do in a lawless society - and the corporate world's lack of regulation, particularly the financial sector, is certainly at a level of lawlessness which is comparable to armed robbery or the British empire or something like those things. Hitler's invasions. That sort of thing.

>>

and this is pretty key:

<<<

A response to people who rarely use their minds, are lazy, ignorant and visibly so, and yet who often accuse 'the left' of 'being bad with money' or figures or some vague accusation of that kind which leads to asserting that the economy is 'not safe' in the hands of people who are not right wing moronic corporate whores with no minds. Let's consider this theory of theirs for a moment.

After all, people often 'ask Corbyn' where he will 'get the money' to save the NHS and public services from being financially predated upon by American corporations and people who include Richard Branson.

Unashamed to use public money on a grand scale to bribe the racist, homophobic, sexist, creationist, insane DUP, even Theresa May has spoken of 'money trees' in her bid to infantilise a very serious topic.

So let's take a little look into a good example of what's really going on and what these cult-of-personality game show hosts like May, Cameron, Davidson, Clinton, Blair and that sort of fool/tool are really failing to do - where we really are losing money, to pure idiocy and weakness and all the things they'd like to pretend that men like Corbyn are, when the opposite is true.

Pete Dolack writes: << Technology companies squeeze somewhat less out of their employees. Apple ranks as the technology company with the most revenue per employee, at about $1.9 million. Google ranks second at $1.2 million. But how much profit does a company need to make? Apple's products are produced through sweatshop labor outside the U.S., mostly in China, through an army of subcontractors that dwarf the size of Apple's direct employees.

U.S. President Barack Obama once asked Apple's chief executive officer, Steve Jobs, what it would take to bring those jobs back to the U.S., and Jobs replied, "They aren't coming back." Apple claims it can't afford to pay higher wages. Yet Apple is sitting on an immense pile of money - $206 billion according to its own quarterly financial report.

Research by the Centre for Research on Socio-Cultural Change in Manchester, in 2012, found that the cost of manufacturing a 4G iPhone in China is $178 while the phone sells for $640 - a profit margin of 72 percent. The Centre calculated that if it were made in the U.S. by employees making $21 an hour, the production cost would be $337, a still robust profit margin of 46 percent. >>

So let's consider that - not only are these various transnationals whom men like Blair bow down to and obey like Daleks or something - not only are they taking huge additional profits by diverting employment and earnings away from the countries they come from and are nurtured by, not only do they drive slave labour and awful conditions, but they also find ways to avoid their fair share of tax - so that indirectly they are stealing from the public purse - large sums which are their profits, much of it simply taken from the public purse and from society - which subsidises and nurtures them - and then their attitude to the workforce is as shown with the example of Apple and the iPhone.

So consider all that next time you start bleating, on behalf of corporate dalek-like idiots, about where Corbyn will 'get the money' to stop corporations basically destroying and raping the world and future which belongs to your children.

Alex Cockburn wrote: << So there's nothing irrevocable about the job loss. US workers, taught the necessary skills, can put things together properly. But if the jobs keep going away, why would any American lay out the money to learn those skills? Obama's recent State of the Union speech was a step in the right direction: calling on business leaders to "ask what you can do to bring the jobs back." Specifically, he proposed ending tax breaks for US corporations operating overseas, rewarding US-based production and turning the unemployment sinkhole into a re-employment system. "These jobs could and would come back to America," says Prestowitz, "if Washington were to begin to respond tit for tat to the mercantilist game.. It wouldn't be difficult to make a lot more of the iPhone in America and to make it competitively if either Apple or the US government really wanted that to happen." >>

>>>

So, all you criminals or stooges covering for them, who accuse Corbyn as you do (and I'll dig out some of your marvellous quotes asap), you are projecting. You justify theft and tyranny by pretending that the masses are guilty - indeed the main crimes you seem to assign to them are thought crimes, since you no longer can pretend, in such a transparent world, that they are the criminal filth you like to see us all as.

I shall provide you with a very full picture of the way in which our so-called 'capitalist' system today is seriously messed up and the fact that the problem lies in mismanagement, misallocation, ultimately with incompetence and immoral practises right at the top.

Max Keiser and Alex Cockburn have provided, along with other fine journalists, plenty of information we can all use to see what's going on. Your deceitful way of denying the truth, obstructing any attempt to look at or for it, and basic lack of any real understanding of the financial and capitalist system you 'defend' - or rather the cancer killing that system which you really defend, rather than any 'system' itself, which is in fact being defended by all of those, from Cockburn to Keiser, who seek the truth about what's going on, what has gone wrong and what needs to be done.

I am particularly pleased to note, at this stage in this document, that there's no way in hell I could post an object like this with ONE click, in ONE blob, on some half-arsed bullshit website like Facebook or Twitter. Mediocrity is typical of corporate entities, and Facebook and Twitter are VERY mediocre, as far as human history, even in the present, goes. I gather there are many particularly amazing online phenomena in places like South Korea and Japan, contrasting with the hillbilly cultures of America and much of Europe-Britain.

I think that attempts to pretend Corbyn is interested in people rather than dodgy practises are themselves attempts to defend dodgy practises and to continue to obstruct PEOPLE, all people, from the rightful egalitarian society they want and deserve to be build if they have the tenacity to do so.

Later I'm going to have a look at Alex Cockburn on the topic of the concept of "the poor". Right now, however, I'll leave you to read all of the above.
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References:

http://rt.com/shows/keiser-report/232155-episode-max-keiser/
http://rt.com/shows/keiser-report/175580-episode-max-keiser-632/
http://newsjunkiepost.com/2013/09/23/the-united-states-obscene-wealth-inequality/
https://www.counterpunch.org/2015/12/25/they-make-millions-per-employee-and-cry-they-dont-make-enough/
http://www.thenation.com/article/165979/sure-apple-could-build-iphone-here

 

 

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Simple text version.

Next, we'll need to address white collar criminals who attempt to pretend Corbyn and the movements supporting him victimise bankers and capitalists. For this Max Keiser's journalism can be very useful, not just that of left wing intellectual leaders like Alex Cockburn.

First of all, let's look at a classic example of how broken, irresponsible, criminal and criminally negligent the overseeing of our 'financial system' has become.

<<<

Stacy Herbert on outrageous stock valuations. Meet the 25 million dollar grilled cheese truck.

Stacy Herbert and Max Keiser report that << The grilled cheese truck company has four grilled cheese vehicles and they have commenced trading on the over-the-counter market under the term GRLD [..] the company has a market value of 108 million. [..] (The company) has about one million dollars of assets and almost three million dollars in liabilities. In the third quarter of 2014 it had sales of almost a million dollars on which it had a net loss of almost 900,000 dollars. >>

Max Keiser observes << Markets go through cycles and sometimes trade at excessive highs and they get wiped out. >>

>>>

These white collar criminals and their representatives who try and pretend Corbyn's backers do not include a considerable portion of the real elites of this land, across every field, should pay attention to this particular nugget (much more to come, to deal with these particular criminals, right here, with clear arguments) concerning the misallocation of capital. Bear in mind that Keiser is a Wall Street expert. I know how much you'd like to just smear him and ignore him, but the facts are against you:

<<

Dumb money misallocates capital.

Stacy Herbert argues that misallocation of capital in the healthcare system is the result of the idiocy which underlies how it is controlled, who controls it and why they do that.

Max Keiser feels that misallocation of capital is short-changing infrastructure of important institutions (healthcare, for example) and of the economy in general.

We need a healthcare system which is thought out intelligently, Keiser insists.

Governments are pressured by "interest groups" to just do what corporations require. There is no bona fide healthcare system in the US. Cameron is paving the way for the UK to follow suit completely.

>>

Now take a look at this - extremely rich and powerful individuals and families sucking welfare out of society whilst failing to share due profits with workers, leaving staff paid so little the state has to provide welfare to them to help them survive on such low income:

<<<

Subsidy of $900,000 per store, per year.

Dady Chery and Gilbert Mercier write << Given that WalMart currently employs 1.2 percent of the US workforce in the private sector, one could say that a significant part of SNAP serves to subsidize Walmart. That is not all. Many WalMart employees also rely on Medicaid and other government programs for anything approaching a decent living standard. Indeed, taxpayers are estimated to subsidize WalMart to the tune of $900,000 per store, per year. By contrast to the dire poverty of those who generate WalMart's wealth, if we put aside Forbes' official list of the super rich and do some of our own math, it immediately becomes evident that 'Number One' (Bill Gates) and 'Number Two' (Warren Buffet) are rather puny compared to Walmart's owners. >>

>>>

I would call it 'fake capitalism' - where people enrich themselves essentially by breaking the rules, by passing the cost on (eg to workers, to consumers, to the environment and thus state and taxpayer).

Let's finish with a couple of items from the past which, together with what I've said so far, is a kind of starter which these stooges for or actual white collar criminals should try to digest before the main course kicks off, perhaps this weekend or next week:

<<

All you 'proud capitalists' who praise our current failed-capitalist status quo, let's focus on how stupid you are being.

Corporations must deduct from their income the cost of -

repairing environmental damage they do, including to human bodies of workforce (thus proper income is also vital - outsourcing to factory slaves is an act of capitalist-failure)

anything else which is caused by their actions when producing what they sell us.

Instead, things like environmental damage and even low pay are left to society to make up for, we have to pay their bills.

For example frackers in the USA go to a place and frack it until it can be fracked no more and leave. The local government ends up having to pay the cost of dealing with most of the environmental damage done by the frackers. Fracking is alleged to be 'profitable' to some extent, some of the time, because considerable cost is just not covered.

If processed food makers cause cancer in society, the cost of those cancers must also be deducted from their income.

It is the case in every situation of a similar nature: those who do stuff to make money must pay for ALL the costs of the stuff they do including those which are knock-on costs.

So when you pretend that you support profit making you're lying to yourselves. What you're saying really is that if an armed robbery planner only spends about 100 pounds on the petrol and a few 100 on the weapons, that's good business, intelligent work and a clear profit - rather than a criminal way to just take money without earning it which technically anyone could do in a lawless society - and the corporate world's lack of regulation, particularly the financial sector, is certainly at a level of lawlessness which is comparable to armed robbery or the British empire or something like those things. Hitler's invasions. That sort of thing.

>>

and this is pretty key:

<<<

A response to people who rarely use their minds, are lazy, ignorant and visibly so, and yet who often accuse 'the left' of 'being bad with money' or figures or some vague accusation of that kind which leads to asserting that the economy is 'not safe' in the hands of people who are not right wing moronic corporate whores with no minds. Let's consider this theory of theirs for a moment.

After all, people often 'ask Corbyn' where he will 'get the money' to save the NHS and public services from being financially predated upon by American corporations and people who include Richard Branson.

Unashamed to use public money on a grand scale to bribe the racist, homophobic, sexist, creationist, insane DUP, even Theresa May has spoken of 'money trees' in her bid to infantilise a very serious topic.

So let's take a little look into a good example of what's really going on and what these cult-of-personality game show hosts like May, Cameron, Davidson, Clinton, Blair and that sort of fool/tool are really failing to do - where we really are losing money, to pure idiocy and weakness and all the things they'd like to pretend that men like Corbyn are, when the opposite is true.

Pete Dolack writes: << Technology companies squeeze somewhat less out of their employees. Apple ranks as the technology company with the most revenue per employee, at about $1.9 million. Google ranks second at $1.2 million. But how much profit does a company need to make? Apple's products are produced through sweatshop labor outside the U.S., mostly in China, through an army of subcontractors that dwarf the size of Apple's direct employees.

U.S. President Barack Obama once asked Apple's chief executive officer, Steve Jobs, what it would take to bring those jobs back to the U.S., and Jobs replied, "They aren't coming back." Apple claims it can't afford to pay higher wages. Yet Apple is sitting on an immense pile of money - $206 billion according to its own quarterly financial report.

Research by the Centre for Research on Socio-Cultural Change in Manchester, in 2012, found that the cost of manufacturing a 4G iPhone in China is $178 while the phone sells for $640 - a profit margin of 72 percent. The Centre calculated that if it were made in the U.S. by employees making $21 an hour, the production cost would be $337, a still robust profit margin of 46 percent. >>

So let's consider that - not only are these various transnationals whom men like Blair bow down to and obey like Daleks or something - not only are they taking huge additional profits by diverting employment and earnings away from the countries they come from and are nurtured by, not only do they drive slave labour and awful conditions, but they also find ways to avoid their fair share of tax - so that indirectly they are stealing from the public purse - large sums which are their profits, much of it simply taken from the public purse and from society - which subsidises and nurtures them - and then their attitude to the workforce is as shown with the example of Apple and the iPhone.

So consider all that next time you start bleating, on behalf of corporate dalek-like idiots, about where Corbyn will 'get the money' to stop corporations basically destroying and raping the world and future which belongs to your children.

Alex Cockburn wrote: << So there's nothing irrevocable about the job loss. US workers, taught the necessary skills, can put things together properly. But if the jobs keep going away, why would any American lay out the money to learn those skills? Obama's recent State of the Union speech was a step in the right direction: calling on business leaders to "ask what you can do to bring the jobs back." Specifically, he proposed ending tax breaks for US corporations operating overseas, rewarding US-based production and turning the unemployment sinkhole into a re-employment system. "These jobs could and would come back to America," says Prestowitz, "if Washington were to begin to respond tit for tat to the mercantilist game.. It wouldn't be difficult to make a lot more of the iPhone in America and to make it competitively if either Apple or the US government really wanted that to happen." >>

>>>

So, all you criminals or stooges covering for them, who accuse Corbyn as you do (and I'll dig out some of your marvellous quotes asap), you are projecting. You justify theft and tyranny by pretending that the masses are guilty - indeed the main crimes you seem to assign to them are thought crimes, since you no longer can pretend, in such a transparent world, that they are the criminal filth you like to see us all as.

I shall provide you with a very full picture of the way in which our so-called 'capitalist' system today is seriously messed up and the fact that the problem lies in mismanagement, misallocation, ultimately with incompetence and immoral practises right at the top.

Max Keiser and Alex Cockburn have provided, along with other fine journalists, plenty of information we can all use to see what's going on. Your deceitful way of denying the truth, obstructing any attempt to look at or for it, and basic lack of any real understanding of the financial and capitalist system you 'defend' - or rather the cancer killing that system which you really defend, rather than any 'system' itself, which is in fact being defended by all of those, from Cockburn to Keiser, who seek the truth about what's going on, what has gone wrong and what needs to be done.

I am particularly pleased to note, at this stage in this document, that there's no way in hell I could post an object like this with ONE click, in ONE blob, on some half-arsed bullshit website like Facebook or Twitter. Mediocrity is typical of corporate entities, and Facebook and Twitter are VERY mediocre, as far as human history, even in the present, goes. I gather there are many particularly amazing online phenomena in places like South Korea and Japan, contrasting with the hillbilly cultures of America and much of Europe-Britain.

I think that attempts to pretend Corbyn is interested in people rather than dodgy practises are themselves attempts to defend dodgy practises and to continue to obstruct PEOPLE, all people, from the rightful egalitarian society they want and deserve to be build if they have the tenacity to do so.

Later I'm going to have a look at Alex Cockburn on the topic of the concept of "the poor". Right now, however, I'll leave you to read all of the above.



http://rt.com/shows/keiser-report/232155-episode-max-keiser/
http://rt.com/shows/keiser-report/175580-episode-max-keiser-632/
http://newsjunkiepost.com/2013/09/23/the-united-states-obscene-wealth-inequality/
https://www.counterpunch.org/2015/12/25/they-make-millions-per-employee-and-cry-they-dont-make-enough/
http://www.thenation.com/article/165979/sure-apple-could-build-iphone-here