US WATCH: S & T CUTTING EDGE EROSION

Erle Frayne  Argonza y Delago

 

As I’ve been stressing in previous articles, “it’s the economy” that count much as top agenda to be addressed by policy makers, bureaucrats and growth stakeholders in the USA. And this should be the primary concern of the political bigwigs when election comes by the end of the year.

 

A policy shift that will veer away America from the destructive flames of the ‘virtual economy’ founded on predatory finance, back to the ‘real economy’ based on tangible outputs in manufacturing, agriculture, infrastructures, S & T, and transportation & communications.

 

This time around, do make reflections on the S&T facet of America’s economy and society. For over two (2) centuries the USA was a hallmark of development, precisely due to the ingenuity manifested by its entrepreneurs who built the mighty industrial economy. The S&T facet of production has been a well established fact-of-life in America, and I should stress that facet here means ‘cutting-edge’.

 

Without S&T cutting-edge, America would still be a backwoods economy today, much like some backwoods states there. But since the founding fathers of America laid down the foundations of growth and prosperity—foundations based on the ‘real economy’ or ‘physical economy’—and propelled by the collective will to drive relentlessly till the grand visions are achieved, America has risen meteorically to where it is: a mighty economic juggernaut, the object of high esteem by many nations.  

 

But when the ‘virtual economy’ began encroaching on every economic sector there, most specially after the collapse of the gold standard, gradually did the priority for developing S & T erode. Today that erosion is severely felt, as many analysts from the West have heralded the admission that Asia had already surpassed the essential technological cutting edge of the West as early as 2007 yet.

 

Let’s take solar technology for instance. Solar panel design had already reached maturity in California, home to solar energy development. The early take off of the industry there prompted the investors to immediately establish branches overseas, one of which is the Philippines. One leading company was so surprised that its Filipino engineers (Philippine-based) had already surpassed the innovation designs of their California counterparts (Americans) before the end of 2007 yet.

 

Now, as you go from one economic sector to another, most specially the productive sectors, and assess the cutting edge situation of technologies, then you can see the reality that America & EU (West) were already surpassed. It won’t take long before the wealth boosted by the Asian cutting edge will move up, making Asian regions surpass both the US and EU in terms of GDP.

 

Well, the other option is the ‘neo-con’ option: nuke all competitor nations back to the stone age. If you do so, say if you nuke the Philippines today which designs and produces ½ of the worlds Intel chips, think of the consequences. Nuke India, China, ASEAN, South Korea, come on demonic neo-cons! Enjoy your Nero madness with wild abandon!

 

I’d rest my case.

 

[07 June 2008, Quezon City, MetroManila]

US WATCH: INFRASTRUCTURE DECAY, NEEDS MASSIVE REDEVELOPMENT

Erle Frayne  Argonza

A bridge has fallen, the Mississipi river flooded Orleans like some pathetic third world city, airports are too cramped up as they are incapable of containing the surge in passenger & cargo levels, the East Coast experienced the emergency shut down due to grid overload (causing massive blackout), railway tracks are thinning out and overall capacity is on downward trend, and more.

They seem to be unrelated, but for economists and sociologists the trends all tell the same story. Pieced up together, they indicate crumbling infrastructures. Not because the structural engineers of America are sloppy, and definitely not that the heavy equipment sector couldn’t provide quality machines to reinforce the burgeoning infrastructure need of the juggernaut US economy.

The true story is that, as the economy shifted to the ‘virtual economy’, there was the systematic abandonment of infrastructure as a priority for fiscal and budgetary allocations. “Leave that to the private sector!” was the slogan for infrastructure. Even the famed fast lanes of America are already being sold out one after the other to the highest bidders, financial speculators all led by the likes of Felix Rohatyn & partners, thanks to deregulation and liberalization.

The thing is, most of America’s major infrastructures—airports, wharfs, roads, bridges, dikes, dams, power distribution, and more public works—were built in the 50s and 60s yet, at the height of the post-war boom under the aegis of the New Deal. Such infrastructures now require massive renovation, with entire replacement for those decaying beyond salvaging.

Did the civil engineers of America speak about the matter clearly? They did, and they have been saying alarming things since the 1990s yet. At the height of the ‘bridge over troubled water’ fiasco, they came out with the report that ¼ of America’s roads and bridges needed major repairs and replacements as soon as possible.

The other sectors’ experts have spoken as well. In the airlines industry, no less than state officials have forewarned that if no renovations (toward expansion) will be done on airports in 10 years’ time, there will be major crisis in the airlines sector. The possibility of emerging markets overshooting the USA’s cutting edge in air transport delivery also looms ahead in the short run.

With no reversal of policies in sight, chances are that, in 20 years’ time, the USA will be an apocalyptic landscape of fallen bridges, impassable roads, rotten wharfs, fallen dikes and inoperable dams, rotten buildings left to nature, and forest cover claiming back once bustling cities.

Only a timely policy reversal can nip the apocalyptic future in the bud. That is, if the political bigwigs in the coming election—McCain and Obama—do their homework well, comprehend the problem deeply, and begin large-scale strategic solutions to colossal problems in infrastructures.

[Writ 06 June 2008, Quezon City, MetroManila.]  

US WATCH: AGRICULTURE DECAYS, BIOFUEL MATTERS MOST!

Erle Frayne  Argonza

Agriculture remains to be among the most protected sectors of the US economy. Enough to cause ceaseless chagrin on the members of the WTO, who have been demanding that the EU-USA-Japan trilateral belt better play by the rules and remove the trade barriers in agriculture.

But the overall alarming trend in America’s agriculture is the rapid shrinking of arable lands altogether. Lucky enough that America is blessed with millions of acres of arable land, but the liberalization of land use conversions affected this mighty economy strongly like in other countries. Prime agricultural lands are being transformed into commercial and residential lands, most specially those southern regions that practically fed the whole America for nigh centuries long.

Agriculture is following a general trend of economic decay. The historic practice of mono-cropping alone had already created havoc on the soil quality in many places across the US. Compounding the decay problem is the pressure by WTO members for the sector to bring down the trade barrier, thus possibly bringing in floods of cheap food imports from Europe and the south.

Just recently, the inflated marketability of biofuels led many a planter to shift to massive corn production, for the sole purpose of raking profits on alternative fuels. Of course, many hedge funds and enthused investors had cashed in on the biofuels craze, and news came out that even Bill Gates had invested in this ‘greenfield’ energy source.

Estimates put the amount of corn planted to biofuels as more than enough to feed over 110 million people. That’s a lot of mouths to feed for sure! But feeding mouths is hardly the priority in the US agriculture today, the core focus being the next round of looting on the consumers’ purse by driving food prices upwards both due to the biofuels craze and speculation on food stocks.

So, what say you, voters of America? Let’s just hope the political bigwigs contesting the presidency will indeed take the interest of ‘food security’ at its core. Failing to do so, America itself might end up with inflated food prices in the couples of years ahead, and believe it or not, the Depression era of seeing people without food on their plates may come back. The difference being that the Great Depression was only quite temporary, while this coming ‘food insecurity’ will be around for a very long time.

This brings to mind what the late John Meynard Keynes declared cryptically, “in the long run, we shall all be dead!”

[Writ 06 June 2008, Quezon City, MeroManila]

ASIAN RENAISSANCE: ANTIDOTE TO NEW DARK AGE

Erle Frayne Argonza

Maganding umaga! Good morning!

A gladdening news for me is the fact that many people in the West (or North) highly appreciate Asian growth and its role as today’s life-breather of the global economy. Without Asia, given the recurrent recession of Western/Northern economies, the global economy would be in a collapsed state today.

The added news that certainly warms the heart is that many Northerners/Westerners look up highly to Asia as the hope of the world, that hope coming precisely from the Asian Renaissance. We seem to be in a rehash of that situation of the medieval age, when the ‘world system’ collapsed due to incessant wars organized and financed by the Venetian mercantile oligarchs, leading eventually to a Dark Age. The (Western) Renaissance became the light of the Dark Age and teleported mankind out of that catastrophe.

In the current circumstance, a Dark Age looms as the Anglo-Dutch oligarchs organize and finance conflicts of every kind across the globe, which will expectedly lead to a larger conflagration that will be sparked off by the Sunni-Shi’ite conflict and then move on to ignite other conflicts in all regions and continents. The conflagration will be a near repeat of the Peloponnesian Wars (Athenian oligarchs’ wars), the Crusades (Venetian oligarchs’ and Norman warriors’), and 30 Years’ War (Church wars, Dutch-Teutonic oligarchs).  After each conflagration, mankind fell into a Dark Age.

Only a Renaissance, led by Asians, will be the hope for the coming decades or couple of centuries. When the North-South dialogue will collapse and give way to the next Dark Age, induced by the incessant wars of the Anglo-Dutch-Teutonic-Zaibatsu oligarchy (to identify a longer list) up North, then peoples will by instinct look to the south for the sparks of hope, of dialogue and civility. Then the planet shall be jettisoned out of the holocaust, back to the ‘Light Age’ (light is opposite of dark).

Incidentally, many peoples across the globe have already immersed themselves in Asiatic thought streams and their practical applications, such as yoga meditation. So, the Asian Renaissance will not just be a monopoly of people of Asian genetic origin, but will be multi-player from the very inception. Many Asian spiritual masters, gurus and intellectuals transplanted themselves in the West during the past decades, so this explains the permeation in Western cultures of Asiatic thought streams. On the other hand, many peoples of the West/North took up studies in the Eastern institutions and ashrams (retreat centers of spiritual masters and gurus), thus ensuring a more expanded diffusion of Asiatic thought streams in the process. So, as one can see, it has been a two-way process of diffusion and enculturation to Asiatic thought streams.

Any Renaissance takes a long time to percolate, brew and galvanize, so it will not be prudent to demonstrate the exact contours of a gigantic movement—with so diverse players—that is continuously evolving. It affects all human endeavors: philosophy, arts, sciences, technology (biotech, physical tech, social tech). I would confess my own limitation and be honestly humble when asked about the exact contours of this movement. I make no pretensions for being God Almighty who knows best about the matter in its expansiveness and universality.

The following short list of items are what I can share about the matter:

·         Oneness & Becoming: Asiatic thought and practices are products of this single most important cosmic Law of One. Western modality is dualistic and/or binary, resulting to polarity principles and practices that have eroded the very condition of humanity and endangers the species itself. The added premise concerns the process of ‘becoming’ contrasted to Western stress on ‘being’.

 

·         Pure Thought - without prejudgemental Qualities, premises, biases: Sri Krishna taught us well about the matter. Go back to Srimad Bhagavad-Gita, in the sermon of Govinda to the warrior-saint Arjuna. The essence of Asiatic metaphysics, epistemology, ethics. Jesus and many masters followed through on the ‘pure thought’ modality, on what benefits can be derived from them, what truths derived too. See the New Testament, Dhammapada, Mahabharata, and onwards to the teachings of Baha’ullah, Vivekananda, PR Sarkar (neo-humanism, tantra), Sri Aurubindo, Mahatma Gandhi (Ahimsa).

 

·         Dialogue & Consensus: In this domain, Asians regard that theory is fact, such as in Western physics where “a theory is also a fact.” Nobody even thinks anymore why dialogue should be ensued as a matter of exercising consensus. It is theory, it is fact, period. But do go back to Lao Tsu, Confucius, Mencius, Buddha. Unfortunately, the Western powers destroyed the teachings of Malayan gurus upon occupying the Southeast, while Khmer and ancient Javanese teachings of the same were simply lost in time as the same civilizations eroded and died. Incidentally, Filipino indigenous teachings, derived from folk lore (of which there are now encyclopedic volumes of scholarly translations) are available, which I myself will have to review (budget constraints delimiting buys).

 

·         Physics and Multi-Dimensions: The true elements of matter, the different ontological dimensions, and the properties of matter congruent with each dimension. Steven Hawkin’s ‘hyperspace’, ‘lower space’, and ‘higher space’ concepts are nearer the truth than ever. The Book of Dzan, theosophical writings (e.g. Blavatsky’s Secret Doctrine), and synthetic writings such as Fritjof Capra’s Tao of Physics would be good reads. Paramahansa Yogananda’s Autobiography of a Yogi also contains details of masters’ teachings about the same subjects. On the practical side, how to conduct dematerialization and bilocation are explained and demonstrated by the masters. Didn’t mahayogi Jesus Christ (master Issa in India) demonstrate how to walk above the water and materialize fish for a huge crowd of devotees?

 

·         Yoga and Meditation: Yoga is the science, meditation the practice. Too many traditions to choose from, study and investigate, and practice. Choose that which is in accord with your psyche. In my case, I chose Agni yoga, which synthesizes rajah yoga (focus on crown chakra, will-development), Kriya or Christ yoga (pineal/higher faculties), karma yoga (service/solar plexus chakra), and bhakti (opening up heart chakra). If you wish to use yoga to reinforce healing, Kundalini yoga would be perfect. Bhakti and practices that develop the solar plexus chakra would be excellent for peace keepers and conciliators. Zen would be perfect for highly contemplative, introspective types. Sure, you can combine them, such as what I do.

 

·         Natural Healing Paradigms & Therapies: Too many to behold, and too popular nowadays. In Manila, with the signing of the ‘traditional and alternative law’ in the late 90s and the creation of a state institution for this, natural healing has become an institution in itself. In my case, I was trained in Pranic healing, and I practice it (pro bono) for psychosocial counseling. Deepak Chopra’s ‘mind-body-soul’ writings (e.g. The Way of the Wizard) would be a good entry point.  

 Well, Partners, Fellows on Earth, those items would suffice. Before I be accused of causing you indigestion, I would stop right there. There are more, so please go ahead and draw the compass of your journey into the ‘Eastern way’. But just to remind you, the great statesman Mao Tsetung once cautioned us: “no investigaton, no right to speak” (see: Selected Readings from the Works of Mao Tsetung, 5 volumes). Nobody should pretend to know Asiatic thought streams without first fully immersing in them, for at least two (2) decades.  

Let me now end by encouraging everyone to learn the ‘Asiatic way’, integrate these into their largely Western psyche, and help in any way to bring us to the ‘dawning of a new age of Light’.

[Writ 26 June 2008, Quezon City, MetroManila]

US WATCH: DE-INDUSTRIALIZATION

Erle Frayne  Argonza

The public (in America) is of the broad position that the NAFTA was responsible for the folding up of many factories and the transfer of jobs to Mexico/South. This NAFTA-bashing has some validity to it, but the semi-economic integration alone with Mexico and Canada isn’t a sufficient reason for the bigger problem of de-industrialization.

Once robust and colossal, the industrial sector of the USA contributed over 50% of the Gross Domestic Product or GDP, and employed half the labor as well. As early as the mid-50s, the futuristic sociologist Daniel Bell already warned that the trend wouldn’t hold long enough, as the ‘post-industrial society’ was already knocking its doors on the USA. Not only that, he also forecast that by the 21^st century, the center of global economic growth would be the Asia-Pacific, while labor would shift to the services sector.

Had the policy-makers heeded the warning of the likes of Bell then, and fine-tuned the ‘real economy’ principles of Franklin Roosevelt, the de-industrialization of America couldn’t have happened. By the early 1980s, Alvin Toffler added resounding echoes to the forecast of a post-industrial society, by adumbrating the  ‘3^rd wave technology’ thesis. Such a thesis expounded that knowledge-intensive technologies would dominate post-industrial society, and will destroy institutions founded on old economic-ideological precepts notably liberal capitalism and socialism.

However, the neo-liberals led by Friedman and Hayek became the dominant Pied Pipers in shaping the public policy of America. All sectors of the economy soon became dog-eat-dog arena for private sector hegemony, leading to the ascent of the ‘virtual economy’ founded on predatory finance. Gradually did the ‘virtual economy’ wreck the classic industries of America, the most exemplary being the steel industry.

The tragic closure of Bethlehem Steel tells it all: that the ‘virtual economy’ has no interest in sustaining strategic industries or to develop their technological edge further. One after the other, manufacturing concerns were closed shop, dis-assembled and re-assembled in emerging markets where labor and factor inputs were cheaper. The ‘industrial belt’ of America—stretching from up New England down to the automotive & machine tool shops of the south—is rapidly evaporating.

The clear message for this year’s presidential poll in America is: resuscitate the industrial sector. Re-tool both the hardware, institutions and human resources to make them competitive again. Revive all the strategic reproducible industries (steel, machine tools, railways, automotive, shipping, airlines, etc.), or else face the specter of ‘third worldization’ of America. A tall order, but what choice does the USA have?

[Writ 06 June 2008, Quezon City, MetroManila]

US WATCH: ECONOMY’S REAL VALUE

Erle Frayne  Argonza y Delago

 

Great and mighty is America’s economy! America can buy the whole earth and feed all the world’s people! Americans are the world’s wealthiest, they can buy any and all guys outside the borders!

 

What delusional arrogance from some demonic Pied Pipers! The USA’s GDP ended up at $12.5 Trillion last year, though some indicator massage could yield a higher figure of $13.5 Trillion (using Purchasing Power Parity or PPP). Measure this against the Gross World Product of GWP of $59 Trillion more or less, end of 2007. Estimates by experts is that the US contributes to 22% of the GWP, and ditto for the EU.

 

That figure of $12.5 Trillion, fellows, is simply the ‘nominal value’ of the US economy. Nominal and real are two different categories in economics. Granting that the ‘virtual economy’ based on financial speculation has been the one that raised values of commodities and services in the USA, the ‘nominal value’ is actually inflated, rendering the ‘real value’ at a much lower level.

 

Do recall when the stock market crashed in 2001. At that time, the psychological benchmark was 10,000 points at the Dow Jones. Each point in the Dow Jones then was approximately $1 Billion worth. A decline of 100 points means $100 Billion pared off from the economy, or at least the virtual economy. The stock market eventually crashed down to 7900+, which made my own hair rise with horror all over my body.

 

The stock market then stayed for a time at the 7,900-8,300 points, for couples of months, before it again steadily climbed. For simplification, let us use the figure of 8,000 points as the lowest level that the economy can crash down to, the rock bottom. That is around 77% of the 10,000+ benchmark more or less.

 

That figure, fellows, is the rough estimate of the ‘real value’ of the US economy. If we multiply 0.77 by $12.5 Billion, this yields $9.63 Billion. That’s the real figure, the real value, the real score of the US economy. If we convert this to PPP, this will rise a bit to $9.8 Billion more or less. The remaining balance of $3 Billion, to complete the $13.5B –PPP, is all ‘casino economy’ value, all speculative value and nothing more.

 

So now, going back to a previous question, where and how will the USA get funds to pay for $50 Trillion worth of debts? Do the electoral bigwigs in America possess with them the proper framework to comprehend and recommend practicable solutions to America’s ailing debt crisis and overall economic malaise?

 

I wish you American voters will do your own deep inquiries about the depth of your problems. The health of the global economy is being endangered by the impending US economic collapse, a fire that can easily burn out the EU as well (this fire had already begun there in fact). When both the EU and USA are in economic collapse or ‘fire function’, the entire global economy will catastrophically fall in deep quagmires.

 

[Writ 05 June 2008, Quezon City, Metromanila]

US WATCH: CAN THE USA PAY ITS DEBTS?

Erle Frayne  Argonza y Delago

Just exactly at what level had the totality of US debts had reached is practically anybody’s guess. So complex is America’s financial system and the mess created by the ‘bubble economy’ over the last three (3) decades, that it takes an enormous amount of research efforts led by top economists and financial consultants to undertake.

One thing is clear though: whoever will be the USA’s next execs must never fail to measure, comprehend, and reverse the debt trends. The estimates today, using combined data from the Fed, the Bank for International Settlements or BiS, and independent researches would put the figure at $50 Trillion.

Measured against the GDP, which stood at around $12.5 Trillion more or less last year, indicates that America doesn’t have the money to pay debts at all, assuming that the bubble bursts and the economy crashes to depression level. Well, the burst began last year yet, the recession is now on, and we need to observe events more closely to determine whether a depression will be at hand.

To say that US savings will salve America’s debt problems is baloney. The savings rate is barely 1%, which accounts for the need for large doses of foreign direct investments and portfolios to cover up for the lack of investible savings. Compare this to East Asia’s average of 30% savings rate, which makes this region’s economy verdantly robust for years to come amid US-EU economic collapse.

On the other hand, to bank on gross international reserves as the source of salvation would likewise bring guffaws. America’s reserves could never exceed $90 Billion at any given time (in real value), which couldn’t even suffice to buy for 1 month’s imports. Compare this to East Asia’s reserves, which range from 4 months imports in RP’s case to at least a year’s for China’s.

So, let us repeat the question, where and how will the US source its funds for salving the debt crisis? What concrete steps will be taken to reverse the debt trap? Who among the political bigwigs in America today possesses the soundest theory and practice for solving the gargantuan debt crisis?

Those questions remain to be answered. Let us hope that the two bigwigs McCain and Obama will do their homework well. The electorates’ expectations are enormously high, and meeting those expectations using traditional, flawed approaches and practices would only endanger both the economic and political stability of this once mighty giant.

[Writ 05 June 2008, Quezon City, MetroManila]

US WATCH: THE ‘VIRTUAL ECONOMY’ WRECKED UNCLE SAM

Erle Frayne Argonza

So, fellows out there, whatever happened that the once mighty US economy—once contributing to 40% of Gross World Product (GWP)—is now drifting downwards, producing now just 22% of GWP?  That the EU would itself catch up with the USA and equally produces 22% of GWP, though EU’s money is bloodily mightier than Uncle Sam’s once mythical Dollar?

 

As a matter of realistic forecasting, if trends today would continue across the globe, Asia would overshadow both the US and EU, as follows: China will overtake each one of them by 2015; India, by 2022; ASEAN, by 2030.

 

While the US ‘real economy’ keeps on contracting (and the EU’s stagnates), the Asian economies are still expanding. 100 years ago the Western thinkers Oswald Spengler and Arnold Toynbee already forecast so sharply the ‘decline of the West’, while Daniel Bell foresaw in the 1950s-60s the rise of Asia-Pacific and its overtaking of the US 60 years hence (2005-2015 period). No one listened to them.

 

If we all recall, in the 1930s the great statesman Franklin Delano Roosevelt launched the ambitious New Deal. This program initiated gigantic growths in the ‘real economy’, solved unemployment, and led to high-growth and high-wage trends for sustained periods. By ‘real’ is meant the most productive sectors, namely: manufacturing/industry, agriculture, infrastructures, S&T, and transportation & communications.

 

By 1971, with enormous pressures from the financial cartels, the famed ‘gold standard’ was junked, the fixed exchange rate system was likewise junked in favor of ‘floating rate’, and after which serial liberalization of economic sectors and the bureaucracy went on in very radical fashion. This led eventually to the rise of the ‘virtual economy’ led by predatory finance, featuring hedge fund operations and ‘vulture funds’ to salve crisis-ridden financial enclaves more so overseas.

 

The ‘gambling economy’ based on speculation, conceit, lies, rather than based on the real value of consumable articles of trade, became the dominant modality in the USA. Debts and more debts piled up, since having no debt was moralized as bad behavior. Debs quadrupled in just a few decades, resulting to $5 Trillion worth of debts today.

 

How can an economy that churns out merely $12+ Trillion a year pay up for debts worth 4 times the GDP? It’s madness, blatant madness! The US economy is largely now a bubble, so gigantic that when it bursts, it can reveal the real flaws behind the ailments, and the weakness of the ‘real economy’ altogether.

 

The message to the next President & VP of the USA is to take down that ‘gambling economy’ or ‘virtual economy’ and quickly bring back the powerful ‘real economy’ in place. Failing to do that, Uncle Sam will be faced with many mass out-migrations beyond 2010, as true-blue Americans leave for more stable and promising jobs and businesses offshore. They’ve already began doing that in fact.

 

[Writ 05 June 2008, Quezon City, MetroManila]

PSYCHIC CRACKPOT DOOMS PHILIPPINES ON 18TH, PAY NO ATTENTION!

Erle Frayne Argonza

An email has been circulating around the globe lately, detailing in one-liner fashion the claim by an erstwhile ‘prophet’ from Brazil  the forthcoming 8.1 Reichter quake that will rock RP on the 18^th of July. The email also included a listing of claims made by the same spiritist crackpot, enumerating them in Kindergarten-like fashion without the benefit of deeper articulation spiced with wisdom.

Being a yogi-mystic of long-standing (I joined the mystical circles in 1994), and having been endowed with the power to prognosticate and do intuitive forecasting as part of my tasks, I know the great difference between a mystic’s work and that of a psychic’s. Mystics are of an awareness higher than genius, and are just one step closer to being a spiritual master, while psychics are plain folks whose astral bodies are activated and ‘3^rd eyes’ open which happens to most people only when they’re physically sleeping.

Psychics, including those spiritist mediums or ‘chanellers’ who receive communications or messages from lower beings notably ‘discarnates’ and negative beings such as asuras (demons), are notably emotionally unstable and are of a low intellectual caliber. That is why their claims are steeped in fear and emotional sensationalism, bereft of sound interpretation and rationale about the future event being described. Their prognostications are also largely negative, proof that these were relayed by negative beings (discarnates, demons, Fallen Elementals) who normally disguise as angels in the astral domain (where the events can be perceived through the ‘3^rd eye’ or astral faculties).

Mystics, on the other hand, are emotionally stable, intellectually adroit (most of us went to the university, while over half have gone to graduate school), endowed with writing abilities, and are intuitively awake (5^th eye). Mystics are of a much higher frequency than psychics, permitting High Beings such as angels, who are of higher vibrational make ups, to manifest themselves. Mystics don’t normally perceive ghosts (discarnates) and lower invisibles precisely because we operate on the higher ‘bandwidth’ of frequencies (e.g. somebody listening to an FM station cannot hear disc jockeys on the AM band unless one purposely lowers the frequency band towards AM).

True prophecies, including those relayed by Higher Beings, don’t normally have dates. It is now normal staple for me to see future events while meditating and in the sleeping state, but I don’t see dates at all emblazoned on the scene. The mystic has to estimate the date, and that takes a very clever process. Even those dates relayed by Higher Beings can change, because mankind’s future is subject to ‘timeline changes’, and the forecast event may no longer happen at all or will take place at a later time.

As a longtime mystic, I don’t interact at all with psychics or spiritists (church people call them ‘visionaries’). They are of low wisdom, lack intellect, emotionally unstable, and possess depressive disorder conditions. Psychologists found out that the accuracy of psychics’ clairvoyant is only 22%. They lack scientific merit and should be dismissed if not condemned as disinforming and panic-forming in impact.

So, dear readers, I am going out on the 18^th to watch a movie in a mall nearby (Trinoma most probably). I have no place for crackpot disinformation in my system. Let the mall crash down on me if God so wishes on the 18^th.  “Govinda jaya jaya, Gopala jaya jaya, Radha ramanahari Govinda jaya jaya.” Amen.

[08 July 2008, Quezon City, MetroManila]

US WATCH: IT’S THE ECONOMY!

Erle Frayne  Argonza

The US presidential polls are approaching. The Democrat Party nomination was recently concluded, and there goes the polls.

As an observer of ‘US reality’, I’d candidly say that if there’s anything most worrisome in the US right now, it’s the economy. Without the pejorative ‘stupid’ by the way, I leave that to Bill Clinton’s spin doctors.

Whoever wins, and whoever would be vice president, this tandem of statesmen (hopefully) will have to go about moving heaven and earth to salve the ailing economy. The ailment is not just a structural one that will be resolved with some palliatives.

First of all is the recession. There is no more denying about this fact. The more that the fed and monetary officials would deny information, the greater the amount of suspicion, the greater the legitimacy question. It was good that finally, there was the admission about the sad state of the economy.

Now, folks, most especially you American voters out there, the recession may not be the end of the downspin yet. Watch out, for the recession could well slide into depression. A 6-quarter period of sustained depression (which means a contraction below the established average, or below zero growth) could be the final blow to the long-drawn drift towards the total collapse of the once-mighty US economy.

Look at the signs of the times, Joe! After World War II, the US produced 40% of the Gross World Product or GWP. It’s now down to 22%. The EU, by integrating their economies, produce a similar aggregate of 22% of GWP. The trend is still of a downward drift, including the EU’s, over the years, not an upward lift.

As to what has been causing the downward drift, let’s take those matters slowly in quite chewable fashion. For now, it’s clear to this observer that “it’s the economy” and not the war or parochial sectoral matters such as immigration, gender, more autonomy for states and cities, and so on.

[Writ 05 June 2008, Quezon City, MetroManila] 

GLOBAL OLIGARCHS AND THE FOOD & ENERGY PRICE HIKES

Erle Frayne Argonza

Good afternoon, Fellows on Earth!

 

As already presented by this writer/analyst in my previous notes and articles, the current state of affairs of the global economy—which featured the inflationary upswings in the food and energy sectors—have a great deal to do with the machinations of the global financiers or oligarchy.

 

Across the ideological and paradigm streams, there has been the preponderance for speculations by the same financiers and subalterns that have been the main upward driver of prices in oil and food. The very same operators were also responsible for the temporary upswing in the price of the US dollar which remains as the chief legal tender for exchanging oil.

 

Below is an article from the Executive Intelligence Review that authenticates to a large degree the positions I took so far regarding oil and food.

 

[Writ 01 July 2008, Quezon City, Manila]

LaRouche: British Are Behind Food and Energy Hyperinflation

June 22, 2008–This release was issued on June 22 by the Lyndon Larouche Political Action Committee (LPAC).

Lyndon LaRouche today forcefully denounced Prince Philip and his fellow genocidalists in the Anglo-Dutch oligarchy, for willfully promoting the food and energy hyperinflation, which threatens to kill billions of people around the globe. “You cannot understand the current hyperinflationary crisis,” LaRouche charged, “without first considering Prince Philip and the late Prince Bernhard’s stated committment to wipe out 80% of the human population, through a combination of wars, diseases and famine. If Prince Philip, and his slavish followers like Al Gore were to succeed, the population of the planet would be reduced, in the next several generations, to well-under two billion people.”

LaRouche was responding to news reports, in the past 24 hours, that the combined food and energy hyperinflation, has created a global national security crisis, threatening the survival of such leading nations as China, India, Indonesia, Malaysia, Pakistan, Zimbabwe, Morocco, and Egypt. “I warned, months ago, that the food crisis would soon emerge as the number one issue facing every government in the world,” LaRouche commented. “The combined shock of $140 a barrel oil and food hyperinflation and shortages, willfully promoted by Anglo-Dutch speculators and their oligarchical backers, has thrown the world into an immediate crisis.”

On Sunday, June 22, representatives of the world’s leading oil producing and oil consuming countries will meet in Jeddah, Saudi Arabia, to consider actions to deal with the crisis. Over 40 nations around the globe have been rocked by food riots and other protests over the hyperinflationary crisis, and the worst shocks, LaRouche warned, are coming during the immediate summer months ahead. “By the time we reach October,” LaRouche warned, “the situation will be catastrophic.”

“There are remedies, even at this late date, to deal with the energy and food hyperinflation,” LaRouche continued, “but nothing is going to work unless and until we crush the power of the British oligarchy.” LaRouche asked: “Do you really think that Saudi Arabia is going to cooperate, so long as their BAE ties to London remain intact—even if the very survival of the Saudi Royal Family is at stake?”

 

4TH REICH IS A TRANS-ATLANTIC 2-HEADED TOTALITARIAN MONSTER

Erle Frayne Argonza y Delago

Good morning, Fellows across the globe!

Let me continue to write awareness-raising materials about peace, cooperation and development, by focusing on the machinations of the financier oligarchs. The Empire is rising again, the logic being that it is a most fit governance machine for global oligarchic games and forthcoming conflicts.

Guessing gamers have been busy releasing speculations about the next financiers’ great war, and the state machinery that will undertake it. Lacking sophistication in political economy, the guessing gamers end up with superstitious sloganeering and fear-mongering, or reactive behaviors that hardly possess merit and serious attention by the more adroit minds of younger generations.

Following the historic patterns of Empire formations, it has always proved fruitful to wage synchronized conflicts and fatten the oligarchic purses in the process, if an empire formation would do the hot-work jobs for the oligarchs. The last Empire that did the massive aggression for the Anglo-Dutch oligarchs was dubbed as 3^rd Reich by its created abomination, Hitler & Nazi movement.

The same Anglo-Dutch financiers, who control at least 80% of the world’s total financial flows, are itching to create a 4^th Reich totalitarian state. It is time for a great war, the result of which will flatten the economies and enterprises of contending nations. The wrecked enterprises will then be bought at dirt cheap price by the same oligarchs, and the flattened economies funded back to life by the same financiers.

The question is, just exactly what oligarchic state formations to employ? The EU and USA each produce over 22% of the world gross product, or altogether produce 45% of GDP. The Anglo-Dutch financiers, on the other hand, control over 80% of the global financial flows. Using such data, it is very easy to see the congruence of continental economies and financier interests.

In my analysis, using a combination of institutional analysis and political economy, the combined EU-USA force would be excellent for creating the draconian 4^th Reich. Of course, the possibility of a North American Union can be examined, but such a Union doesn’t have the purse power to leverage political strength, do understand this. On the other hand, the EU cannot impose its will on the USA without public dissent being aroused to hell fires, and so no USA-EU political integration is in the offing.

The web of institutional arrangements will see a mega-alliance of USA-controlled North America and a Brussels-based European Union. The trans-Atlantic alliance is a last-ditch effort of the same financiers to exhibit muscle power over the planet, and only the USA-EU  axis remains as the loyal consenter to the financier machinations.  Japan can still veer away from the axis, while the emerging markets’ giants—China, India, Brazil—are beyond the ambit of such machinations.

The institutional plan calls for the implementation of the final treaty in Europe, the Lisbon Treaty, that will see the advanced unification of the continent. Synchronically, a North American Union, with a common currency called Amero, will replace the NAFTA, complete the political unification process, and form the American bulwark of the new fascist axis. That done, the 4^th Reich will be in place, rock-solid in armaments and awash with liquidities for more ambitious, gigantic war efforts.

Part of the governance innovations will be to abolish nations in both continents. Region-states will rise to replace the nations, each region being almost of equal population and size. With no more nations in Europe, the nuclear arsenal of France and UK will be placed in the custody of Brussels, thus transforming Brussels into a nuclear power overnight.

Transformed into police states, both continents will then wage population-control campaigns in the neighborhoods. Gangster groups will logically be deputized to augment police in searching for guns, drugs, insurgent evidences, terrorist cells, petty criminals, and other perceived enemies of the state. Those young ones engaging in binge drinking and sex orgy parties will also most likely be apprehended.

To accelerate public compliance toward the new order, riots can be engineered in cities across both continents. Food price hikes, oil price hikes, massive unemployment, social welfare cuts, overnight hyper-inflation are the most contentious issues that easily inflame quiet neighborhoods into angry urban mobs. Any high school student taking up a subject on sociology can very facilely see this possibility today. It has already been tried and tested across the globe in fact most recently.

While the continental backyards are being provided draconian order by police forces, the military assets will then flex their muscles for huge wars overseas. To ensure that competing regions and continents will be mowed down fast, inter-regional wars will be engineered. The Sunni-Israel versus Iran-Shiite war is now on the pipeline, waiting for a go-signal, a conflict that will see the weakening of the Semitic military establishments and economies, thus paving the way for less costly involvement there.

Other continents will surely see their own war fireworks fanned to the maximum most likely. It would be an instructive work to analyze and forecast the shaping of events there. For instance, the China-Taiwan and inter-Korean conflicts may ensue again on their 2^nd phases. Japanese aggression may also be pursued on a 2^nd phase, which could see the Japanese islands devastated with nukes combined with the Tesla Earthquake Machine to put an abrupt end to its zealous militarism.

To cap the article, it is a Trans-Atlantic 4^th Reich that is now fast rising. How fast the citizens of both America and Europe can neutralize the abominations now shaping up in their backyards remains to be observed. One this is sure here: it doesn’t matter who will be president of the USA or EU. The financiers and their paid technocratic-political subalterns have already ensured that the oligarchy is in control of the situation.

[Writ 22 June 2008, Quezon City, MetroManila]  

SPECULATION PESTERS FOOD: U.S. CASE

Erle Frayne Argonza y Delago

Greedy financiers across the globe made humungous killing in the commodities futures recently, which largely explains the sudden hyper-inflationary price increases in grains. The panic that resulted from the ‘self-fulfilling prophecy’ that food stocks are running out further exacerbated the already volatile situation of the food markets.

The flawed reasoning—that the problem has a great deal to do with the supply side—has been bandied by the paid Pied Pipers of the greedy financiers. This is an old hat lie, and facts about the capital and financial markets belie such cranky rationale for a sector (food) that has been subordinated to predatory finance worldwide.

Below is a case study regarding the subject matter of sky-rocketing food prices on account of speculation, culled from the Executive Intelligence Review. Make your own assessment about the matter.

[Writ 30 June 2008, Quezon City, MetroManila]

Speculators Making Killer Profits Off Midwest Flooding While Farmers Can’t Sell Grain

June 16, 2008 (EIRNS)—This morning’s frantic speculation on the Chicago Board of Trade (CBOT) opened with corn (December futures) up 19 cents, for a record $8.06 a bushel (contrast to $4 a year ago); and new crop soybeans hit a record $15.53 a bushel (contrast to $8 a year ago). This is the 12th consecutive day for record-setting corn prices on the exchange, occasioned by binge-speculation off the likely destruction of at least 5 million acres (2 million hectares) of crops in the Midwest flood zone, including at least 3 million acres of corn (out of 86 million nationally).

The volume of grain and soy trading contracts is soaring on the CBOT, part of the Chicago Mercantile Exchange (CME). All futures trading has risen 26 percent over the first part of 2008 on the CME, compared to same time 2007 (including non-commodity futures of all kinds). The Commodity Futures Trading Commission (CFTC), the Federal agency which could stop the deadly game, but will not, released a report June 13, showing huge flows of funds going into the corn market. The CFTC report gives specifics on the record volumes of outstanding corn commitments—amounting to paper bushels, the way paper barrels exist in oil speculation. The CFTC says that speculative funds have added 34,732 contracts to their long positions and cut 4,588 contracts from their short positions, putting them net long on 219,041 corn futures contracts. Index funds are now net long on 427,352 contracts.

At the same time, prices are falling for the farmer trying to forward-sell his corn or soybeans to his local buyer. There has been a 12 cent drop in the prices offered to farmers for their corn over the past 24 hours! This comes on top of an average 4 cent a bushel drop in prices to the farmer last week in the Cornbelt, according to a spot check of local grain buyers, by Dow Jones. This farmer price disparity with the exchange prices, reflects not only the physical destruction of shipping and processing infrastructure, but also the fact that whenever prices spike on the Chicago Board of Trade, the local grain elevator or buyer is hit with a margin call, that he now cannot meet. So he is not offering farmers forward-contracts. Many local terminals, strapped for cash, have gone bankrupt, or sold out to the wave of hedge and index funds now on a buying spree for hard infrastructure, with which to further hold and hoard grain. E.g. WhiteBox, based in Minneapolis. The cartel terminals, dominated by Cargill and ADM, started denying forward contacts to purchase farmers’ grain months ago, under the principle: protect yourself, screw the farmer. The cartel firms offer the farmer take-it-or-leave-it prices, and terms of delivery.

On top of this, key grain and meat processing facilities are shut down by the flood all over the Midwest, for example, a huge ADM corn-processing plant in Cedar Rapids.

21ST CENTURY’S PLAGUE: COMMODITY SPECULATION

Erle Frayne Argonza

Speculation, more speculation!

Speculation has driven food prices up, and is now driving gas prices up as well. It is a core feature of the ‘virtual  economy’ based on predatory finance, the main game of the global financier oligarchs who are now in practical control of the world’s strategic economic sectors.

Commodity speculation is getting to be a ‘plague of the 21^st century’ as claimed by a noblesse gentlaman from Europe, Italian Economics Minister Giulio Tremonti. How to stump out this plague is the greatest challenge facing mankind right now, at a time of recession in the Northern economies, recession that threatens to intensify into a global financial meltdown.

Below is an article from the Executive Intelligence Review that sums up the plague of the century. You may as well participate in the debates on how to curb it and reverse the global trend of financial madness.

[Writ 30 June 2008, Quezon City, MetroManila]

Tremonti: Commodity Speculation Is `The Plague of the 21st Century’

June 23, 2008 (EIRNS)—Italian Economics Minister Giulio Tremonti, an outspoken advocate of convening a New Bretton Woods conference, gave a speech in front of a meeting of the Italian trade union CISL, on June 22, calling on the trade unions to join him in the fight against the real causes of oil and food price increases: “international speculation.”

According to the daily Il Messaggero, Tremonti called “surrealistic” his own government’s plan, which projects a “planned inflation” of 1.7%. The reasons for that, he said, “are two. The first one is technical, the second one is political. The first one, everybody can get by calling the ECB, which demands to set an inflation rate under 2%.” Tremonti gave the real ECB telephone number. “It is wrong to speak about inflation today. For at least the last six months, we should have been talking about speculation. International speculation was first financial speculation and in the past period, after some disasters, focussed on commodities, starting with oil.” Therefore, either you fight a local battle, with old methods and old perspectives, or you fight a global fight, where you fight Public Enemy Number One: speculation.

“Speculation is the plague of this century, a specter that we knew would come, but not in this way and not so fast. Inflation can no longer be explained with the simple laws of supply and demand,” Tremonti continued. He then attacked the left, because “in the Left camp, there are speculation managers who have been accustomed to smoke cigars and sail on yachts, and therefore the Left does not talk about speculation.” The head of the leftist CGIL trade union, Epifani, protested. If what Tremonti says is true, he was asked, why does the government write the draft budget plan based on those figures? The draft, demanded by the EU, “is a surrealistic document of no use,” Tremonti said.

The Anglo-Dutch financial oligarchy is realizing that Tremonti is becoming more and more of a threat. That might be the reason why the Financial Times today published a belated review of Tremonti’s book Fear and Hope, saying in its headline, “Tremonti’s Best-seller on Fear Strikes Chord.” The review reports that Tremonti’s actions are gaining popularity and support in Italy, and profiles his book from its weakest sides (anti-China, fortress Europe, etc.), but it does say that he calls for “a new, far-reaching Bretton Woods system,” for “a strong state” and “deplores the left-wing protest movements of 1968.”

 

KOSOVO, BALKAN STATES: MODELING FUTURE POST-WESTPHALIAN MINI-STATES

Erle Frayne Argonza

When Kenichi Ohmae released his writings about the rise of region-states, my curious, quite naughty mind nurtured the irresistible query about what Ohmae had at the back of his mind. Ohmae is among the coterie of contemporary Japanese intellectuals that include Francis Fukuyama and William Oichi. These intellectuals are no charlatans, and they belong to a new breed of Japanese who are more Western and globalist in orientation than their forebears.

 

While my esteem for these gentlemen is beyond doubt, their globalist orientation makes them suspect as Pied Pipers of the nascent global oligarchy (financial cartels, magnates, tycoons, taipans). When they cogitated about the ‘end of history’ (Fukuyama) in a new context of ‘region states’ (Ohmae) where institutional arrangements will be markedly ‘theory z’ (Ouichi), they were consciously or unconsciously prognosticating a new order of things.

 

At the turn of the century, that order of things had begun to show a very determinative shape: a globalized world where nation-states’ very existence are threatened. Nation-states’ interests are anathema to those of the oligarchs’, and as already proved by experiences that date back to the Greek city-states, oligarchs will do everything to subordinate polities, from city-states to nations.

 

Nation-states’ interests are opposed to oligarchs’. History had shaped nations in fact as a process of overthrowing gentry oligarchs in the medieval era and keeping the potencies of rising merchants and financiers in check. Now that the oligarchy had rebounded by many folds from its ancient ruinations, catastrophes from which lessons were clearly learned, it (oligarchy) will work out determinately to destroy nations.

 

Globalization is simply but the starting phase of a long process to create a Post-Westpahalian ‘new world order’ dominated by and advancing the very interests of gigantic corporate trusts and oligarchic families. The process hasn’t clearly ended yet, not bottomed out yet. Necessarily, the nation-states will react to the process and will not allow their ruination as a matter of self-preservation. But the process will go on, and nations will be wrecked one after the other through ceaseless wars, economic collapse, genocides through natural and unnatural means, and fragmentation.

 

Fragmentation is among the political-economic offshoots of globalization. And if there is any model of fragmentation worth noting today (from the perspective of the global elites), it is the Balkan states. Croatia, Bosnia, and so on, till lately we have Kosovo, were born from out of the planning boards of the oligarchs and their subaltern politicians and technocrats.

 

Just by continuously drum-beating the ‘polarity game’, by creating new polities comprising of ‘oil and water’ unmixable social categories (e.g. unmixable ethnicities), future conflicts and wars are anticipated. This is part of the game plan. Kosovo was the latest experiment for this, and one should not be surprised at all about the latest version of a charter that does not at all reflect the consensual traditions of the ethnic groups in the area.

 

The British Empire, which is the organizational cloth of the British oligarchy represented by the royalty, and which is non-extinct but alive in the form of the commonwealth, had already experimented on the ‘polarity game’ of mixing unmixable ethnicities before. The potential and perpetual conflicts that will characterize such states will weaken the same state and eventually fragment it, till it can be taken over back by the oligarchy “on a silver platter.”

 

But the game plan today has another shape coming: the final eradication of nations and the formation of more manageable regions and city-states. Kosovo is right at the doorstep of mainstream Europe, and once the European Union becomes completely unified, with a totalitarian police state to enforce treaties and centralized fiats, the central government could always use the Kosovo-Balkan instance to re-design Europe into a Post-Westphalian order comprising of dozens of regions, each region with almost equal population and geographical area.

 

Since many potential regions in Europe are almost of mono-ethnic composition, save for certain big cities that are multi-cultural, the game plan requires breaking down that mono-ethnicity. The strategy for this is no other than migration: entice ‘third world’ and Eastern European laborers and professionals to immigrate to Europe, and if possible fix quotas to large quantities so that, within a two-decade period, there will be large numbers of migrants of relatively unmixable ethnicities.

 

Islam particularly serves the interests of the oligarchy excellently. Muslims of diverse ethnicities have histories of ethnic-tribal conflicts and sectarian