The Bear’s Lair: The end of the classless society

Posted by Guessedworker on Monday, 21 May 2007 22:32.

A typical piece of non-conventional Hutchinson analysis appeared today at Prudent Bear.  If perhaps the bearishness at the very close has a somewhat studied air, nonetheless the whole speaks plainly enough about the aims and interests of power - and its results.
GW


The immigration bill brought forward and apparently likely to pass demonstrates an unattractive new political trend in the United States: the end of the classless society for which the U.S. has been famous and the opening of yawning political as well as economic gaps between rich and poor.

Traditionally, the United States has been economically unequal, but without a sharp divide between rich and poor in the political arena. Democrats represented the South, minorities and unionized labor, while Republicans represented small business and the professional classes. The truly rich have always been more or less evenly divided between the parties. Thus, except for a brief period in 1932-46, the U.S. never had a real class-based politics.

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Right of the People to alter or to abolish it, and to institute new Government

Posted by James Bowery on Monday, 21 May 2007 21:09.

Ever since circulation of my net asset tax white paper, I have had very little to say to the world of politics.  However, I do have one thing to say to the traitors of the sovereign people: 

Men returning from Iraq are having trouble affording housing because your immigration policy favors land barons over the fetuses sired by these young men—fetuses being yanked from the wombs of their mates and shoveled into dumpsters, because those women know those young men can’t reliably secure a family’s subsistence, a community or a nation’s borders.  Moreover, you can’t contain the news of why it is the flesh of their no-longer-potential children is rotting in the dumpsters—if they even got to the stage of being a fetus.

You’re white heterosexual men—most of you.  Do you really think anyone will care if you are killed?  You’ve created a secular theocracy in which even being a dead white heterosexual man is considered a moral outrage.  How much less do you think anyone will care if the even greater outrage of you breathing while white, male and heterosexual is terminated?


Bilderberg 2007: Welcome to the Lunatic Fringe

Posted by Guessedworker on Monday, 21 May 2007 15:22.

With thanks to Flavio Gonzales at Troy’s forum, I’m pasting - without additional comment - the meat of an article on Bilderberg 07 by Daniel Estulin
GW

The delegates at Bilderberg 2007: Istanbul, Turkey May 31-June 3

This year’s delegation will once again include all of the most important politicians, businessmen, central bankers, European Commissioners and executives of the western corporate press. They will be joined at the table by leading representatives of the European Royalty, led by Queen Beatrix, the daughter of the Bilderberg founder, former Nazi, Prince Bernhard of the Netherlands and Bilderberger President, Etienne Davignon, Vice Chairman, Suez-Tractebel from Belgium. According to Bilderberg Steering Committee list which this author had access to, the following names have now been confirmed as official Bilderberg attendees for this year’s conference (In alphabetical order):-

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Brown’s puzzle for the BNP

Posted by Guessedworker on Monday, 21 May 2007 01:19.

In the English local authority elections of May 2006 the BNP scored a phenomenal success in Barking & Dagenham, a much-enriched district on the eastern edge of London.

The local Labour MP, Margaret Hodge, picked up a good deal of the blame for the BNP’s performance.  Instead of refuting its line on preferential housing allocation for migrants, she had managed to make it almost respectable for English residents to vote for the local BNP candidates.  There were calls - unheeded, naturally - for her to resign from her government post in the Department of Trade and Industry. 

Now, hard on the heels of Gordon Brown’s little eco-stratagem - the planned building of thousands of new council houses - Ms Hodge has outraged Labour supporters in the same way again.  Writing in the Observer she declares:-

A message to my fellow immigrants

In our open, tolerant country, there are, thankfully, few issues that remain taboo.  But, motivated by the fear of both legitimising racism and encouraging the extreme right, migration is one.  Yet for many voters, it continues to be a top issue.

My constituency of Barking in east London has experienced rapid change, moving from predominantly white neighbourhoods to many multiracial neighbourhoods.  At the same time, my constituents are facing other challenges.  Young families on low wages cannot afford to buy a home and the council house stock has shrunk with tenants exercising their right to buy.  These young families enjoy few choices.

... For some, it is easy to blame the new families for the frustrations they feel.  As people living in Barking see new faces and hear new languages, they often link the problems in their community with the migratory changes.  Unless we listen, we shall be unable to convince people that we are on their side as they learn to live with new neighbours in the tolerant and strong multiracial society we on the liberal left desire.  This stifled debate means we have missed the opportunity to articulate more clearly the huge benefits to our economy, our culture and the evolving nature of our Britishness that migration brings.

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The Best of Majority Rights Articles: Request for Nominations

Posted by James Bowery on Saturday, 19 May 2007 17:08.

There is a project afoot compiling what might be thought of as “The Best of Majority Rights Articles” and we are looking for nominations from the readership.  Many of these were written some time ago when some authors would spend a lot of energy to write articles that might well be cleaned up a bit and submitted to peer-reviewed journals.  Due to the nature of blog software, such articles are submerged by new blog entries.  It becomes difficult to give them proper prominence within the total Majority Rights corpus.  So an additional format is being added to remedy this, and other limitations of the current blog structure.

So, nominate away:

What are your favorite Majority Rights articles of all time?


It won’t be 12 million.  It won’t ever be enough

Posted by Guessedworker on Thursday, 17 May 2007 22:33.

On the White House lawn, a loyal Jew and faithful Mexican.  With George W Bush, to speak about ...

Leading U.S. senators reached an agreement on Thursday on an immigration overhaul that would fortify U.S. borders and grant lawful status to millions of illegal immigrants, a move that could lead to a major legislative victory for President George W. Bush.

The agreement sets the stage for what is expected to be a passionate Senate debate over the proposal, which would give an estimated 12 million illegal immigrants legal status, create a temporary worker program and establish a new merit-based system for future immigrants.

“The agreement we’ve just reached is the best possible chance we will have in years to secure our borders, bring millions of people out of the shadows and into the sunshine of America,” said Sen. Edward Kennedy, a Massachusetts Democrat who helped lead the bipartisan talks that included Sen. Jon Kyl and administration officials.

Source Reuters.

 


The Bear’s Lair: Washing their hands in bubbles

Posted by Guessedworker on Tuesday, 15 May 2007 23:11.

Some grim predictions for the American, Chinese and British economies by Martin Hutchinson, in his latest piece at Prudent Bear.
GW
.

The Federal Reserve, the Bank of England and the People’s Bank of China have this week all been faced with the same unpleasant reality: by their irresponsible monetary policies they have enabled gigantic asset bubbles that are redistributing wealth towards the criminal classes and in the long run will impoverish everybody else. Their reaction has been similar; to a large extent they have washed their hands of the problem.

The Bank of England’s response was most rational; it put up interest rates, though only by ¼%, far less than is required to right the foundering ship of Britain’s economy. The People’s Bank of China at least deplored the bubble, though it failed to recognize to what extent its irresponsible monetary policies and suppression of the yuan’s exchange rate had fueled it – but then after all, these people are nominally Communists; one cannot expect them to get it right every time when they are shown so many bad examples from abroad. The Fed on the other hand kept interest rates flat, as it has since last June, while easing its anti-inflationary language slightly – thus essentially acting as enabler to the Wall Street speculators, who had by Friday convinced themselves yet again that interest rates were about to drop.

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Seven Million Dollar Reporters—Two Thousand Strong

Posted by James Bowery on Tuesday, 15 May 2007 15:28.

Bloomberg reports that

Thomson Corp., owner of the Westlaw Legal database and TradeWeb bond-trading network, agreed to buy Reuters Group Plc for 8.7 billion pounds ($17.2 billion) to become the biggest financial news and information company… The acquisition of Reuters, the 156-year-old news organization that has grown to 2,400 journalists…

Through the miracle of division we find this is a value of $7,166,667 or about SEVEN MILLION DOLLARS PER JOURNALIST.  This in a company whose CEO Tom Glocer is quoted as saying:

But it is not just bloggers, it is citizen journalists armed with their 1.3 megapixel camera phones… In the news industry, professional and .amateur. content combined creates a better product. It tells the story at a deeper level. Take the tragic Boxing Day tsunami in 2004. For the first 24 hours the best and only photos and video came from tourists.

Now I know these are “only numbers” and maybe the contemporaneous acquisition involving Murdoch and the Wall Street Journal (another “financial news” company like Reuters) is “only a coincidence” and maybe this all happening right when we’re getting news of Iran massively scaling up its uranium processing due also to “only a coincidence”, but it does give one pause, if not cause, to reflect on possible relationships:

The news organization has been accused of showing an anti-Israel and anti-American bias, by sources such as the National Review and The Wall Street Journal’s editorial division… Critics alleged ... problems at the news organization: bias and widespread use of local freelance photographers, which can result in Reuters inadvertantly acting as a “propaganda outlet”.


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