Protest against media bias towards governments and corporations on 16th November 2013 in London, Glasgow and New York.
So ....Why protest?
Though many may find it hard to believe, the University educated people of the big TV companies in the U.K. and the United States are not carrying out their duty in keeping their public informed on major issues.
The governments of the U.K. and U.S., regardless of the party in power up till now have had a heavy bias towards the thing called capitalism, which these two countries have led the world in over the past decades.
The problem is that, these countries can benefit from the current kind of capitalism (that is excessively debt funded capitalism) in a way that most other countries of the world will not be able to benefit (Because they have more big banks than most other countries)........Leaders of capitalism can benefit most (eg UK, US) whilst followers of this type of capitalism may be damaged whilst they feel they are forced to take risks to compete with them (eg Ireland).
As leaders of capitalism the U.K. and the U.S. have succeeded in ensuring that the majority of the TV companies and News Papers protect the workings of the financial system from too much scrutiny.
What I can tell you as far as the financial system is concerned is that;......
.......The U.S. and the U.K. treat the financial system which has the stock markets at it's centre as something that is sacred and can not be questioned..........And the main stream media does not question it......
Though a few top bankers and traders may be singled out by letting the system down by taking risks, the big media companies will never turn on the stock markets as a potential cause of problems. They also have little negative to say about private equity companies and hedge funds.
Private Equity Companies, Hedge Funds as well as the Stock Markets have had a devastating effect on business and that has had a serious effect on the worlds's economy and us as individuals........The media in the U.K. and U.S. however have not reported this. The reasons for this are clear. Investors would vacate the British and American banks if they were to lose their faith in them after negative reports given by the BBC or CNBC.........The income from the financial sector for the U.S. and U.K. is so important and so excessively high that the financial system itself and the governments have created enough influence to the national medias that they are withholding much information on the workings of the financial system.
Much of the other news which has been hidden from U.K. and U.S. citizens include......
1................The Icelandic Banking Revolution.
- In 2008 after the beginning of the financial crisis, the main bank in Iceland was renationalised. The Krona devalued and the stock market was frozen.
The government was then forced to resign under pressure from the people.
An act of parliament was then passed to pay the U.K. and Holland's Banks out standing debts of 3.5 billion Euros over the next 15 years at 5.5% interest rate.
In 2010, further protest brought a referendum on the payment of the out standing debt. The referendum resulted in 93% of the public voting to default on the debt to U.K. and Holland.
During an investigation into the cause of the crisis, commissioned by the new government, many top bankers have been imprisoned, and many foreign bankers deported from the country.You can see more on this at the "Collective" Evolution" blog.
2...............The privatization of the U.K.'s National Health Service.
The National Health Service is being broken into pieces and sold to conglomerates and equity businesses like Mitt Romneys Bain Capital, Virgin, Serco etc. The decision to sell off the NHS was made through a vote in the House of Lords. Coincidentally, dozens of the Lords who voted, are already chairmen, executives and owners of businesses that are now buying up the NHS Services! It clearly isn't a coincidence because the relationship with the Lords and health orientated businesses has been growing over the last few years surely in preparation for the day of privatization!
This information has been hidden from main stream media, as well as the devastating effect that private equity businesses seems to be having with businesses they buy. (See else where in X-ECONOMICS for information on the privatization of the NHS and private equity companies. ).
3...............The truth about Hugo Chavez who nationalized Venezuela's service industries after they had been privatized by a previous government.
Hugo Chavez led a revolution in Venezuela and is a hero there and all over the world. Though much of the world knows little about what he did. When you find out what he did it becomes clear as to why it has been kept quiet by capitalist biased press and media.......
The government under Hugo Chavez took back privatised businesses from private owners and renationalised them.
The consequences of this are one; that foreigners are unable to take control of the country's wealth of oil.....and two......It gives the finance industry a kick where it hurts. The finance industry has an apparent hold on the business world all over the world due to businesses being indebted to banks.......Therefore the banks are on the pay roll like any other cost of the business........As you can see the logic of the financial system is almost bullet proof, until it comes up against some one like Hugo Chavez......Who decides the bankers and financiers are no longer in charge!
..................There is no need for an explanation as to why the U.K. and U.S. governments would want to hide this information about how Venezuela has evolved over the past decades. If the trend caught on else where, as it has now done in Iceland, the banks would lose their hold on the world.
As the U.K. and the U.S. employ more people in the finance industry as a proportion of their population, than any where else in the world, protectionism of their finance industries would perhaps be justified ....if it wasn't having such a destructive effect on the people of those countries and through a bad influence on other countries around the world.
4.............The real causes of the financial crisis
There is much more to the financial crisis than the reasons given in the main stream media. The biggest reason being the sub-prime loans in the U.S. The truth is debt to private equity companies buying businesses was also a factor. As well as the bloody hedge funds who were just doing as they do today; Add costs to all our lives! Increase the bail outs or may be, be the main cause for bank bail outs! Put businesses at risk and take home pay which can be individually a billion dollars per annum!........whilst they do nothing useful for us!
Lots more on this in X-ECONOMICS.
5..........The sacrifice of the home buyer mortgage market buy the finance industry so the money can be used for trading in stock markets, corporate buyouts, private equity buyouts and buyouts of privatised services.
In the U.K., one of the few new rules since the financial crisis is that banks need to hold more capital than they used to. What this then means is that there is less money available in total for the lending of home mortgages, small business loans, credit card lending,etc. In the same pool of money, there is also;
i) Lending money to big businesses for corporate buyouts.
ii) Lending money to private equity companies for buyouts.
iii) Lending money to hedge funds to buy whatever they want to buy. This could be shares in the Royal Mail, derivatives,etc
iv) Lending of money to create new on line gambling businesses, loan sharks and money shops.
Currently, none of the five uses of invested capital are having any difficulty getting cash from banks. Stock markets have reached new highs in the U.K. and the U.S. since the financial crisis. Corporate buyouts and Private equity buyouts came to a stand still after the crisis but are have also recovered. But the home mortgage market has been virtually abandoned. The banks not lending of home loans is nothing to do with risk, because what the hedge funds and buyouts are doing is far more risky (but the banks have ways of off loading the risk to other parties such as pension funds). Lots of people are unemployed, but the majority of people still have jobs and can afford to buy a home.......They have proof of that by the amount of rent they are having to pay whilst waiting for the opportunity to get a mortgage................The banks are simply using the option that makes them the most money.................Whilst every one of those other four alternative uses of cash are damaging the economy. They all cost jobs, though the finance industry and the media keep this quiet.
Whilst the main stream media side with the financial industry, they are aiding the financial industry in a continual destruction of the economy. The fact is the first four uses of investors cash listed are actually creating future difficulties in paying off the national debt as they all one way or an other reduce the income of ordinary people which reduces our ability to pay taxes. They also directly or indirectly add to unemployment.................Banks could make money from mortgages, but the system can make money easier by creating asset bubbles, for example the fiasco of the sale of the Royal Mail. It's great for the bankers but does nothing for me and you. This is not difficult to understand for people who have achieved degrees in education............Which the BBC staff have.......So report the news and stop aiding the financial industry in dictating to the world and under mining the economy!
So ....Why protest?
Though many may find it hard to believe, the University educated people of the big TV companies in the U.K. and the United States are not carrying out their duty in keeping their public informed on major issues.
The governments of the U.K. and U.S., regardless of the party in power up till now have had a heavy bias towards the thing called capitalism, which these two countries have led the world in over the past decades.
The problem is that, these countries can benefit from the current kind of capitalism (that is excessively debt funded capitalism) in a way that most other countries of the world will not be able to benefit (Because they have more big banks than most other countries)........Leaders of capitalism can benefit most (eg UK, US) whilst followers of this type of capitalism may be damaged whilst they feel they are forced to take risks to compete with them (eg Ireland).
As leaders of capitalism the U.K. and the U.S. have succeeded in ensuring that the majority of the TV companies and News Papers protect the workings of the financial system from too much scrutiny.
What I can tell you as far as the financial system is concerned is that;......
.......The U.S. and the U.K. treat the financial system which has the stock markets at it's centre as something that is sacred and can not be questioned..........And the main stream media does not question it......
Though a few top bankers and traders may be singled out by letting the system down by taking risks, the big media companies will never turn on the stock markets as a potential cause of problems. They also have little negative to say about private equity companies and hedge funds.
Private Equity Companies, Hedge Funds as well as the Stock Markets have had a devastating effect on business and that has had a serious effect on the worlds's economy and us as individuals........The media in the U.K. and U.S. however have not reported this. The reasons for this are clear. Investors would vacate the British and American banks if they were to lose their faith in them after negative reports given by the BBC or CNBC.........The income from the financial sector for the U.S. and U.K. is so important and so excessively high that the financial system itself and the governments have created enough influence to the national medias that they are withholding much information on the workings of the financial system.
Much of the other news which has been hidden from U.K. and U.S. citizens include......
1................The Icelandic Banking Revolution.
- In 2008 after the beginning of the financial crisis, the main bank in Iceland was renationalised. The Krona devalued and the stock market was frozen.The government was then forced to resign under pressure from the people.
An act of parliament was then passed to pay the U.K. and Holland's Banks out standing debts of 3.5 billion Euros over the next 15 years at 5.5% interest rate.
In 2010, further protest brought a referendum on the payment of the out standing debt. The referendum resulted in 93% of the public voting to default on the debt to U.K. and Holland.During an investigation into the cause of the crisis, commissioned by the new government, many top bankers have been imprisoned, and many foreign bankers deported from the country.You can see more on this at the "Collective" Evolution" blog.
2...............The privatization of the U.K.'s National Health Service.
This information has been hidden from main stream media, as well as the devastating effect that private equity businesses seems to be having with businesses they buy. (See else where in X-ECONOMICS for information on the privatization of the NHS and private equity companies. ).
3...............The truth about Hugo Chavez who nationalized Venezuela's service industries after they had been privatized by a previous government.
The government under Hugo Chavez took back privatised businesses from private owners and renationalised them.
The consequences of this are one; that foreigners are unable to take control of the country's wealth of oil.....and two......It gives the finance industry a kick where it hurts. The finance industry has an apparent hold on the business world all over the world due to businesses being indebted to banks.......Therefore the banks are on the pay roll like any other cost of the business........As you can see the logic of the financial system is almost bullet proof, until it comes up against some one like Hugo Chavez......Who decides the bankers and financiers are no longer in charge!
..................There is no need for an explanation as to why the U.K. and U.S. governments would want to hide this information about how Venezuela has evolved over the past decades. If the trend caught on else where, as it has now done in Iceland, the banks would lose their hold on the world.
As the U.K. and the U.S. employ more people in the finance industry as a proportion of their population, than any where else in the world, protectionism of their finance industries would perhaps be justified ....if it wasn't having such a destructive effect on the people of those countries and through a bad influence on other countries around the world.
4.............The real causes of the financial crisis
There is much more to the financial crisis than the reasons given in the main stream media. The biggest reason being the sub-prime loans in the U.S. The truth is debt to private equity companies buying businesses was also a factor. As well as the bloody hedge funds who were just doing as they do today; Add costs to all our lives! Increase the bail outs or may be, be the main cause for bank bail outs! Put businesses at risk and take home pay which can be individually a billion dollars per annum!........whilst they do nothing useful for us!
Lots more on this in X-ECONOMICS.
5..........The sacrifice of the home buyer mortgage market buy the finance industry so the money can be used for trading in stock markets, corporate buyouts, private equity buyouts and buyouts of privatised services.
In the U.K., one of the few new rules since the financial crisis is that banks need to hold more capital than they used to. What this then means is that there is less money available in total for the lending of home mortgages, small business loans, credit card lending,etc. In the same pool of money, there is also;
i) Lending money to big businesses for corporate buyouts.
ii) Lending money to private equity companies for buyouts.
iii) Lending money to hedge funds to buy whatever they want to buy. This could be shares in the Royal Mail, derivatives,etc
iv) Lending of money to create new on line gambling businesses, loan sharks and money shops.
Currently, none of the five uses of invested capital are having any difficulty getting cash from banks. Stock markets have reached new highs in the U.K. and the U.S. since the financial crisis. Corporate buyouts and Private equity buyouts came to a stand still after the crisis but are have also recovered. But the home mortgage market has been virtually abandoned. The banks not lending of home loans is nothing to do with risk, because what the hedge funds and buyouts are doing is far more risky (but the banks have ways of off loading the risk to other parties such as pension funds). Lots of people are unemployed, but the majority of people still have jobs and can afford to buy a home.......They have proof of that by the amount of rent they are having to pay whilst waiting for the opportunity to get a mortgage................The banks are simply using the option that makes them the most money.................Whilst every one of those other four alternative uses of cash are damaging the economy. They all cost jobs, though the finance industry and the media keep this quiet.
Whilst the main stream media side with the financial industry, they are aiding the financial industry in a continual destruction of the economy. The fact is the first four uses of investors cash listed are actually creating future difficulties in paying off the national debt as they all one way or an other reduce the income of ordinary people which reduces our ability to pay taxes. They also directly or indirectly add to unemployment.................Banks could make money from mortgages, but the system can make money easier by creating asset bubbles, for example the fiasco of the sale of the Royal Mail. It's great for the bankers but does nothing for me and you. This is not difficult to understand for people who have achieved degrees in education............Which the BBC staff have.......So report the news and stop aiding the financial industry in dictating to the world and under mining the economy!
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| Ice Save is a corrupt savings scheme....but there's a hidden message for us all! |
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