Tapsearch Com EditorTransformer Toy Economy
June 10th 2008 21:49
Bizarre Politics Reports:
Bad Money breeds more bad money
Transformer Money Toy Economics - House of Cards ready to fall
The financial community has divorced itself from the making things. They found out that having money as both the product and the transaction was better than making things. Money was easier to make than actual products. They found more money could be made if production was moved from place to place for the sake of cheaper labor markets. They found that the best group in any company could be the investment group. They found they could increase stock values by firing people rather than hiring them. They found they could gather money together by just the flow of products - mixing in a lost leader economy where money can be accumulated for investment purposes as the priority. They found you can make alot of money on debts too. Why work? Why spend your time making something when you do not have to. The financial community ended up divorcing themselves from production. The new product became money.
The Federal Reserve could print paper and call it money. Then they apply all sorts of values to this paper to grow more values. It is a good idea but it when local economies do not grow value added economies, a house of cards takes over. Today that house of cards is ready to fall.
If you want to read a good book about bad money, you can get the book Bad Money by Kevin Phillips. He is evidently a master at digging out all the schemes of the financial community to grow value. He recites a history of transactions that you can sink your teeth into if you want. I read many of the pages but something seemed to be missing from the coverage of these events. The comman man and the comman good is left out of the book. I do not blame Kevin Phillips for this problem because he was just reporting the transactions and schemes that are in place to break the American Dream forever.
He tallks about Financial Capitalism and he could skip the term Capitalism and substitute just the term Financialism or Globalism. Money is the agent behind it all.
I compared his synopsis to a Transformer Toy. The premise of a Transformer Toy is to have individual toy parts that can be shifted and changed to a vehicle, a device or an animal, to a robot action figure and back again.
Financialism produced their own Transformer Money Toy. They thought they could convert values anyway they wanted to. Alan Greenspan and the Feds found that debt could be function where money could be produced. For example, Greenspan thought it was a good thing if money could be made on inflating values of housing. It worked for a time but being an artificial method or call it what it is a scheme , it fail apart. The same applys to the values with oil becoming a new "gold standard". However, like oil the value is liquid and it can flow any which way. The Global Economy is a global casino.
Kevin Phillips actually shows that Bad Money is about Transformer Money Toys that are running out of functions. The high towers of finance do not know how to cope with the realities of the streets. The natives are restless. The Free Enterprise system is dead. Free Enterprise is based on making or selling something and adding a profit for the owner and having a portion of that going to supply the workers with a living wage. The Transfomer Money Toys no longer have that function. Companies have found they could make money more easily if they forget about the function of workers in a civilized society. Subsequently a working poor class was bred with more and more dependent on government help to survive. The Transformer Money Toy left this out of the picture.
( We will continue this article in our next post
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