Posted tagged ‘Europe’

EUROPE’S BURNING!

September 6, 2015

EUROPE’S BURNING!

 

Erle Frayne D. Argonza

 

Europe is on fire. Save for those who choose to be blind, the Union is going through an incendiary economic burn. How far will the economic burning go, whether it will spread to a larger continental inferno, no one can tell for now.

Before the EU’s creation, welfare policies were prevalent from east to west of the continent. Liberal reforms then arose, commencing with the Tory’s (Thatcher era) wholesale adoption and social marketing of the same, and copied by the conservatives and liberals of the continent alike.

By the turn of the century, upon the commencement of the Euro, liberal reforms already saw the uncontrollable ascent of predatory finance worldwide. Liberalized financial-capital markets paved the way for their immanence.

Among those instruments created by the predators was financial derivatives. To recall, a decade back the derivatives markets were already awash with exposures totaling over $150 Trillion, with 36% of these in the hands of British financiers while 15% were in Americans’ hands.

By 2001, the alarming projection was leaked out that derivatives will be inflated to exceed $350 Trillions within the new decade. At a time when the global economy was producing past the $40 Trillion in Gross World Product or GWP, it was sheer madness to consider debt papers of past $350 that could meltdown the globe in case of a gigantic bubble burst.

Europe was already flat on its back for a straight two (2) decades since after the collapse of the Soviet Union. Periodic stagflations and recessions have seen the rise of poverty incidence and, consequently, the re-emergence of neo-fascist movements.

Being strongly tied up to the U.S. economy, it was not surprising to realize that a contagion of the U.S. recession will surely hit Europe, which did happen. The ugly side of the formula was the aiding of ailing banks that were badly affected by the crisis, an intervention that was flawed and immoral as it entails using taxpayers’ money to aid criminal bank speculators.

Barely out of the U.S. contagion effect, Brussels was shocked to see that a new fire had started within the Eurozone— Greece to be exact. As this was happening, Spain also began to sneeze & cough, as some of its own banks (notably Santander) spiraled down bankruptcy scale. Other member-economies were also having their own financial crucifixions going by the early part of this current year.

If we diagnose what’s going on in the financial sectors of member states, we can easily pinpoint banks as hotspot fire sources. They were heavily into speculative pursuits, with enormous exposures to derivative operations.

Just exactly how that happened can be traceable to certain acts in the North by the mid-80s. Commodities markets have sprung up on that decade, even as a global recession took place then, threatening OECD economies. Liberal reforms were already permeating diverse sectors, and within the backdrop of liberalization, financial derivatives and equivalent portfolios were launched in mass scales.

Banks shed off their previous stance of inhibiting themselves from speculative pursuits. Soon they’d find themselves investing into every speculative games they could lay their hands into, inclusive of hedge funds operations.

Now, to fast track to the present, economists estimate that EU’s aggregate derivatives are within the range of $180-$200 Trillions, estimates that seem conservative. Measure this against the gross domestic product of EU at $13 Trillions, and you would be driven to ask: just exactly where will Europe get the funds to pay the hedged financials in case of bursts and massive bankruptcies?

If all of the hedge funds investors would ask for a forced payment of their total of, say, $200 Trillions more or less, who would pay for such debts? Where will the money come from? Is it morally right to extract taxes from European workers to pay up for the dirty debt papers in case? Is it likewise morally right to impose wage cuts on workers who were not the culprits in the virtual economy game in the first place?

Concerned Europeans should better rethink the Euro and ask whether the new currency really worked for their welfare. It is now clearer that the Euro was a sell-out idea and project, that it was launched to satiate the insatiable pockets of greedy financiers represented by the top financial houses there.

And Europeans better see how silly it is to allocate taxpayers’ money worth $1 Trillion to bail out ailing banks and industries hit by the rising meltdown. For measured against total debt papers of $180-200 Trillions, $1 Trillion would be ridiculously paltry.

Yet another ridiculous intervention is the austerity measure imposed by the IMF on Greece. We’ve had so many precedents of the deleterious effects of such measures on developing economies that aimed at eventually graduating from IMF programs as a salvation measure in the short run. While emerging markets are getting out of a burning house (IMF & austerity measures), Greece voluntarily entered this house. Unbelievable!

As per reports reaching my focals, Germany had the greatest exposures to Greece’s banking sector, with exposures running to hundreds of billions of euros. British financiers, on the other hand, have their hands full in Spain’s banks.

It isn’t difficult to forecast that the fire in Greece could spread to other eurozone economies. Not even the UK, which decided to stay out of the eurozone, will be spared from the bonfire. Spain is almost there now, and who knows what country will be next.

If banks and industrial conglomerates will simultaneously burn in all of the member-states of the eurozone, with total aid claims of past the GDP of $13 Trillions, then Europe will be on the brink of a continental inferno.

Concerned readers better think for yourself whether Brussels and the bureaucrats do have the right answers to the raging problems of Europe. Poverty incidences are now hitting past the 20% mark in member countries, while massive lootings of the financial and currency markets by predatory financiers take place every day in the continent.

Well, let’s all wait and see for what happens. Let us hope that a mad Nero bureaucrat wouldn’t appear to orchestrate the burning farther to infernal scale. That would bring a new nightmare to the whole planet if it happens.

[Philippines, 20 May 2010]

EUROZONE’S PATHETIC 0.8% GROWTH

May 20, 2011

EUROZONE’S PATHETIC 0.8% GROWTH

Erle Frayne D. Argonza

Pathetic! This is what I can say of the latest 0.8% growth for the Eurozone during the 1st quarter of 2011. The figure seems to echo the growth for Greece during the same period, of 0.8% growth in growth domestic product or GDP.

As I’ve been saying for a couple of decades now, based on a pattern that was started from 1990 onwards yet, Europe is flat on its back, and that flatness just doesn’t seem to be changing at all. I already heralded the alarming trends way back in the 1990s, as a professor at the University of the Philippines Manila, and shared my notes to tv and radio audiences whenever I was invited as guest resource speaker on economics and social development.

When the Euro was launched, simultaneously with efforts to politically integrate Europe, I saw the opportunity for a slight correction of the stagnant situation of Europe. But monetary solutions to non-monetary problems will only be temporary, and sooner or later this solution will falter. Then the entire stagnation trend will ensue.

The ‘fall of Europe’ economically traces back to the radical return of the obsolete doctrine of liberalism laissez faire. European nations rose to wealth and fame based on physical economy doctrines, so it is best to reconstruct those doctrines the moment that stagnation and decay would take place. But to junk entirely those strategies and policies that brought Europe to where it was till 1990, is to champion madness in the economic terrain.

The same radical embers of liberalization, privatization, deregulation, and reinforcing policies (tax reforms, decentralization, currency liberalization, decreased budgets for social services) were enforced in the United States and Japan, and look at where those powers are today.

Well, the same ‘mad economics’ policies were imposed on the developing economies like the Philippines’, and the results of the austerity measures that were used as sticks to enforce them redound to mass poverty, endemic unemployment & underemployment, low or sub-optimal wages, and hunger. The ‘dragon’, ‘tiger’, and ‘emerging market’ economies have learned their lessons the hard way, and they are today the drivers of the world economy.

Look at these degenerative results of the obsolete ‘mad economics’: (a) de-industrialization, (b) agriculture decay, (c) deterioration of infrastructures, (d) decline of cutting edge in S&T (science & technology), and (e) deteriorating transport facilities. Destroy those sectors mentioned, and you destroy a nation’s economic foundation altogether.

That was exactly what happened to the North—Europe, Japan, U.S.A.! Just make a close scrutiny of Greece, where de-industrialization alone factored so strongly to bring down growth, degrade labor to paltry wages (down by 35%-40%), and saw its remaining wealth looted by greedy, demonic financial predators. The same financiers that looted Asia and led to its financial meltdown in 1997, have destroyed the North and will continue to do so.

Eurozone’s technocrats are mentally bankrupt and should be lined up in the Hall of Shame. Like the Mad Nero that fiddled in the roof as Rome burned, the technocrats and politicians of the entire European Union or EU have been fattening their purses and meteoric prestige rise, while Europe’s folks grovel in the dire effects of austerity measures imposed by the financiers’ puppet bank IMF.

[Philippines, 14 May 2011]

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Come Visit E. Argonza’s blogs & website anytime!

Social Blogs:
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BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com

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PROF. ERLE FRAYNE ARGONZA: http://erleargonza.com

PRINCESS KATE SEES REPTILIAN SHAPE-SHIFTING ROYALTY!

May 14, 2011

PRINCESS KATE SEES REPTILIAN SHAPE-SHIFTING ROYALTY!

Erle Frayne D. Argonza

Magandang gabi! Good evening!

As the new princess Kate feels the bliss of honeymoon, Anglo-European royalty & cronies are anticipating the ritual sessions they’ll undertake over the next months. Being dedicated disciples of the Dark Masters, or Illumined Ones so-called, royalty has been reputedly shape-shifting to giant reptilians past 9 feet in height, as integral to their rituals of black arts, as per revelations by David Icke (www.davidicke.com).

Whether the elites of Europe and their oligarchic counterpart overseas do have control over their shape-shifting to Abominations is a bone of contention in mystical circles. David Icke is of the position that they (Queen Elizabeth & kins particularly) do exercise control over their shifting to reptilians and back to humans, while the priest & spiritual guru Sal Rachele contends the contrary (see http://www.salrachele.com).

That the royalty of the Anglo-Nordic-Teutonic-Latin worlds do engage in secret profane rituals is something that should induce more depth studies from interested parties. That they shape-shift to predatory reptilians is surely a cause for grave concern by the citizens of planet Earth. Just exactly how that happens speaks of a certain truth: that the genetic structure of royalty & elite cronies have moorings in a reptile humanoid species that could have bred with Earth hominids in antiquity, thus producing the secretive ‘reptoids’ of royalty.

Diana could have unwind of such rituals and lived in dread most of her life. Add to that fact the discoveries she made about the criminal operations in drugs, gold hoarding, portfolio investments & currency attacks, and more, and you could just imagine the mortal dread of the late princess. Diana wanted to stay out of the prison she fell into, and she was exterminated by the evil cabal of Committee of 300 or C300.

As elucidated by Icke and others, the royalty & elite crony rituals often than not initiate young children into it (rituals). Scions of the elites thus get to be exposed to prayer rituals spiced with sodomy, vaginal penetration (for girls), felacio, and related profanities as early as infancy (9 months to 2 years of age). Drugs such as hashish or cocaine are used in some rituals to induce trance states that permit contact with trans-terrestrial beings from other dimensions, Evil Beings to stress the point, e.g. Baphomet.

But there’s more to the rituals. Certain rituals that induce shape-shifting to reptilians are accompanied by the use of kids as sacrificial items. Upon the shift to the giant predators, the ritualizing elites would then knife the kids to ‘kingdom come’ in order to extract the heart, liver, and whatever organs are desired that could induce certain effects. The predators then eat those organs or body parts desired.

In other words, the reptiloid elites regard humans as prey, thus indicating the possibility that their reptilian humanoid species are on top of the food chain. Just exactly how they were able to create subterfuge situation so that they now hide under human rubric is a puzzle of genetics that is worth our peregrinations.

Back to the question: should Princess Kate get hold of direct knowledge about the rituals, what’s her take of it? Should she find out that her children will experience being part of the rituals at infancy, what then? Will she say “should I stay or should I go?”

[Philippines, 05 May 2011]
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Come Visit E. Argonza’s blogs & website anytime!

Social Blogs:
IKONOKLAST: http://erleargonza.blogspot.com
UNLADTAU: https://unladtau.wordpress.com

Wisdom/Spiritual Blogs:
COSMICBUHAY: http://cosmicbuhay.blogspot.com
BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com

Poetry & Art Blogs:
ARTBLOG: http://erleargonza.wordpress.com
ARGONZAPOEM: http://argonzapoem.blogspot.com

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@SOULCAST: http://www.soulcast.com/efdargon

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RUSSIAN STATE’S KINDNESS TO THE MAFIA OLIGARCHS

February 8, 2011

Erle Frayne D. Argonza

Russia’s federal state had exhibited kindness so far to the mafia oligarchs, one of whom is in jail (the top honcho in the energy industry). This is a clear departure from the Soviet days when organized crime leaders and subordinates were jailed by the thousands in ‘gulag archipelago’ conditions.

The Soviet days are long over in Russia, yet democracy is struggling to take root and governance institutions are strengthening from the fragmentation induced by the anarchic policies of Yeltsin who was, in reality, an agent of the British MI6. It will take some more time for democracy to show strength and resiliency, but clearly the urgency of clipping the powers of the mafia oligarchs is a matter of national security in FSB (KGB) country.

To replay recent history, the former Soviet Union fragmented in ’89 during Gorbachev’s leadership. The Russian Federation was then led by Yeltsin, puppet agent of the Anglo-European oligarchs, and got the largest shares of the pie of Soviet wealth, resources, and military assets (nuke missiles included).

Independent Russia, like the other states, was immediately confronted with the problem of shifting to a market economy. Enterprises were state-owned, and so a sacrosanct policy of the Western puppet Yeltsin was to privatize the firms upon the behest of the International Monetary Fund.

The question thereafter was: who in Russia possesses the money to buy state firms, such as those in heavy industries, oil & coal? Legitimate persons just couldn’t afford those firms no matter if the company prices are dirt cheap, so the option of buyers was the Russian mafia (organized crime groups) of which around forty-five (45) ‘families’ were the largest and most awash with money.

Such mafia groups were far more powerful, wealthy and dreadful than the Sicilian mafia from which the term ‘mafia’ originated. Without further ado, upon the go-signal from Yeltsin’s regime, mafia families gobbled up whatever firm they could lay their hands on. As a result, during the last years of Yeltsin, 80% of Russia’s corporate assets and incomes were in the hands of the mafia.

The dreadful scenario of the mafia taking hold of the nuclear and military assets of Russia soon confronted the patriots of the country. It seems that in the last instance, the FSB (former KGB) was the only institution that can mount a challenge to and clip the gargantuan influence and economic power of the mafia that was rapidly producing the new oligarchy of Yeltsin-era Russia.

And so the FSB, acting as a patriotic fraternal order of sorts, deposed Yeltsin in a silent coup of sorts. Putin, former KGB operative, became the favored leader by the chekka that decidedly took down Yeltsin. With Putin in power, returning Russia to a state of civility was now a huge task laid upon his shoulders.

Returning civility and re-asserting state sovereignty means taking back to Russia its economic powers. It was time to let the new mafia oligarchs taste justice and stop them from further fragmenting the federation. Russia was already on the verge of total fragmentation, and could have been balkanized into mini-states with Russian oligarchs taking over their own respective mini-state to govern, plunder and loot.

Thus was the British oligarchy and its MI6 dirty operators stopped from further destroying Russia and looting whatever they can from its fragile economy by buying dirt-cheap enterprises and joint venturing with Russian mafia families. Putin’s strong arm tactics, with aid from FSB, were necessary in order to restore Russia to its civility and sovereignty, without which the federation could have fragmented at the turn of the new century.

Observably, the FSB is the only solid institution that can face up to the dreaded mafia families and the Anglo-European oligarchs. In China, the equivalent group is the Communist Party that wields draconian powers to direct the compass of growth there. In Turkey, the Army is the one that performs the equivalent of a solid patriotic core that continues to modernize the country and prevent a restoration of the Caliphate.

Each country has its own set of gargantuan national security concerns to look up to, so one better understand Russia from within the context of its colossal dilemmas with the Frankenstein of mafia power. An oligarch in Russia is synonymous to a mafia godfather; oligarchic wealth, derived from criminal operations.

Hard tactics are best to clip the powers of mafia Frankensteins. However, such tactics can no longer recline on Stalinist repression or elimination as Russia is facing a new history of democratic governance. The ‘rule of law’ must be advanced to the max in a global context of strengthening democracies.

[Philippines, 04 February 2011]

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Come Visit E. Argonza’s blogs anytime!

Social Blogs:

IKONOKLAST: http://erleargonza.blogspot.com

UNLADTAU: https://unladtau.wordpress.com

Wisdom/Spiritual Blogs:

COSMICBUHAY: http://cosmicbuhay.blogspot.com

BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com

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ARTBLOG: http://erleargonza.wordpress.com

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WESTERN ECONOMIC SHRINKAGE A REALITY AS ASIA RISES

January 17, 2011

Erle Frayne D. Argonza                                                       

Magandang araw sa kapamilyang global! Good day to fellow global citizens!

For three decades already, I have been echoing a prognostication that was already current stock within sociology, about the ‘decline of the west’. Let me return to the same theme, as the rapid decline of the West and the fast rise of Asia is now a reality of the current historical juncture.

Just a couple of days ago, the Philippine Daily Inquirer’s or PDI’s opinion pages published an article by the past recent premier of the UK, Gordon Brown (PDI, 7 January 2011). Titled “Reviving the West,” it was a rather straightforward admission of the techno-economic decline that the West had undergone and the rapid ascent of Asia as the global economy’s growth driver.

As Brown succinctly stressed, “Time is running out of the West, because both Europe and the United States have yet to digest the fact that all the individual crises of the last few years—from the sub-prime crisis and the collapse of the Lehman Brothers to Greek austerity and Ireland’s near-bankruptcy—are symptoms of a bigger problem: a world undergoing a far-reaching, irreversible and, indeed, unprecedented restructuring of economic power.”

That was the former premier speaking, a technocrat and economic manager prior to his premier stint, so it does carry weight as much as those of the globe-trotting former US president Bill Clinton. Gordon went on to demonstrate his deep knowledge of the rising middle class consumers of Asia who altogether will make the greatest consumers the world over in the foreseeable future.

Said Gordon:

Of course, we all know of Asia’s rise, and that China exports more than America and soon will manufacture and invest more as well. But we have not fully come to terms with the sweep of history. Western economic dominance—10 percent of the world’s population producing a majority of the world’s exports and investment—is finished, never to return. After two centuries in which Europe and America monopolized global economic activity, the West is now being out-produced, out-manufactured, out-traded, and out-invested by the rest of the world.

That indubitably is an empirical substantiation of the thesis long held by Western social forecasters about the ‘decline of the West’. Oswald Spengler, Arnold Toynbee, Daniel Bell, Alvin Toffler, and John Naisbitt have churned out voluminous prognosis and forewarnings about the same thesis within a century’s span…and that thesis is now a reality.

In the middle and last portions of Brown’s article, he admonished Americans in particular to re-invent the ‘American dream’. The way to the revival of the West, with the USA showcasing the compass, is to re-structure the economy altogether. Accordingly, the nascence of over a billion middle class Asian consumers is a huge opportunity for America to re-invent itself and revive a strong economy.

Brown also forewarned America’s politicians, notably the Right, about criminalizing external forces, such as China’s currency, as culprits behind the decline of the US economy. Intervention measures such as currency wars are flawed, precisely because they fail to address the internal factors that are truly the causes of the economic decline.

To a great extent, I do agree with the evaluations and interventions of Brown. Fact is, I have already begun to echo the theme that America and Europe ought to reverse the policies of liberalization, privatization, and deregulation that led to de-industrialization, agricultural decay, infrastructure decay, and the rise of a ‘virtual economy’ based on predatory finance (vulture funds, derivatives or hedge funds). As I had been saying all along, the West should go back to the principles of the ‘real economy’ where wealth is produced from agriculture, manufacturing, infrastructures, transportation & communications, and science & technology.

As a matter of fact, I have been among Asian analysts and development practitioners who have urged the Americans to go back to the economics of New Deal propounded by the late Franklin Delano Roosevelt. Likewise should the tried & tested policies upheld by Alexander Hamilton, Abraham Lincoln, Frederick von List, and John F. Kennedy, policies that impelled the rise of the physical economy and brought bountiful prosperity to Americans (read: created a predominant middle class), be put to the fore in rebuilding America.

Gordon resonates somehow with the ‘physical economy’ framework, even as he heralded the need for a new Marshall Plan for the world. Accordingly, the Plan could help to recast the banking system that was dirtied by its engagements in speculative financing and contributed to creating financial bubbles. The Western peoples should better listen to him, more so the youth who will be tomorrow’s Western leaders.

Let me re-echo the same message I have been saying all along: that prosperity should be a win/win phenomenon. No one here in Asia would ever want the USA and Europe to go back to the era of ‘cave man’ economy of hunting & gathering. I’d be happier many more times if the West should re-invent itself, cease from playing the destructive game of win/lose logic in order to prosper, and move back to reconstruct its physical economy altogether.

Asian spiritual masters, who incidentally also discoursed on economic doctrines (i.e. Baha’ullah, Gandhi, Vivekananda, Sarkar, Sri Aurubindo), left us all the legacy of building prosperity through the way of peace, cooperation, and mutual-help. It’s time for the Western peoples to retool themselves, by throwing away the binary and destructive thought system they inherited from their forebears, and by learning from Asia’s spiritual and intellectual giants.

[Philippines, 11 January 2011]  

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Come Visit E. Argonza’s blogs anytime!

Social Blogs:

IKONOKLAST: http://erleargonza.blogspot.com

UNLADTAU: https://unladtau.wordpress.com

Wisdom/Spiritual Blogs:

COSMICBUHAY: http://cosmicbuhay.blogspot.com

BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com

Poetry & Art Blogs:

ARTBLOG: http://erleargonza.wordpress.com

ARGONZAPOEM: http://argonzapoem.blogspot.com

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@FRIENDSTER: http://erleargonza.blog.friendster.com

@SOULCAST: http://www.soulcast.com/efdargon

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MULTIPLY: http://efdargon.multiply.com

 

 

 

AMERICA’S & EUROPE’S TOP TERRORISTS ARE INSIDE ESTABLISHMENT

October 12, 2010

Erle Frayne D. Argonza

Magandang araw sa inyong lahat! Good day to you all!

The White House had recently delivered remarks concerning reports about the latest terrorists in the USA. The report from the top pinpointed supposedly independent small groups scattered across the continent and acting autonomously of each other, thus disseminating terror in far greater ways than before.

Across the Atlantic, Europe’s own leaders have already delivered the same line: that terrorists are independent groups scattered across the continent, sowing dread and damages at scales that are heretofore unprecedented.

We can observe in the bylines of the political-military elites a copycat version of each other. As Europe speaks of the line, so will America copycat it. If America says a line—about terrorism—Europe’s leaders will copycat it. Never mind all those semblances of independent-minded leaders across the Atlantic, that’s only a semblance as the leaders themselves have spin doctors behind them who come from the financier oligarchy of the West/North.

I wish I was born in the ‘cave man’s era’ to believe those sickening line about terrorists across the Atlantic. Having keenly observed global realities since my adolescent days yet (as a student of sociology and political economy), I know all too well that the terrorists who appeared in the political-military landscapes across the decades were criminal elements recruited and commanded by rouge elements within the Establishment.

The terrorists’ tactics may have varied across the decades, but one thing hasn’t varied at all: the financier oligarchs and their political-military subalterns were behind the recruitment, training, indoctrination, and deployment of the criminals-turned-ideologues whose missions shall come at their behest.

From the time of the radical Mazzini up through Russia’s Lenin & Trotsky, we have observed the same pattern: a circle of wealthy oligarchs utilizing operators for sleazy tasks to recruit assassins and malefactors who can be converted to ideologues. Lenin and Trotsky, as per research findings, were both funded by the Rothschildes and their elite circles, tasked with the mission to overthrow the Tsarist line for the refusal of the latter to succumb to the plan of creating a unified Europe under the Habsburg tutelage. Lenin & Trotsky then recruited malefactors of all kinds, notably from the rabble, and the rest was history.

Across the Atlantic, in the USA, the same phenomenon had flourished. White supremacist groups notably the Ku Klux Klan or KKK were directly manipulated by elite circles in the union, circles that added Nazi elites during the Great Depression era. Do you even want to believe that the KKK is dead at this time, supposedly as civil liberties have become granite rock solid since after the assassination of Martin Luther King?

Fast forward to the 9/11 event, and we have the same phenomenon being churned out to repack terrorists supposedly in a new cloth: Islamic jihadists. True, the jihadists came from outside the USA, but the spin doctors of the jihadists were well embedded within the Establishment. These are the true terrorists, those who have been calling the shots in defense and foreign policies particularly, whose faces remain behind masks till these days.

Move back to Europe, examine the likes of the Red terror cells, Carlos the Jackal, Irish Republican Army, and onwards to the jihadist cells, and you’d find the same pattern like some Xerox copies of the US precedents. In ecological language, we call that isomorphism in the politico-military niches.

Terrorists are important to the financier oligarchs for the following purpose: terror attacks in any part of the world create financial-monetary panic in that area, and induces heavy financial flows across borders. Since the financiers have portfolio exposures in that part of the globe, then expect that they will benefit the most from the ‘velocity of financial flows’ induced by the terror attacks.

With the stock markets of both the USA and Europe sputtering again recently, there needs to be a re-oiling of financial flows to take advantage of the situation. And that will be done precisely by unleashing terror groups in both continents to shore up their bourses and derivatives markets for that matter.

What has been alarming for me is that Obama himself seems to be inclined into believing the lie coming from his own spin doctors. Does Obama seriously know the consequences of his own pronouncements post-9/11 commemoration?

[Philippines, 02 October 2010]

 

[See: IKONOKLAST: http://erleargonza.blogspot.com,

UNLADTAU: https://unladtau.wordpress.com,

COSMICBUHAY: http://cosmicbuhay.blogspot.com,

BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,

ARGONZAPOEM: http://argonzapoem.blogspot.com]

FUEL SAVING SHOWS ASIANS AHEAD OF EUROPEANS

September 20, 2010

FUEL SAVING SHOWS ASIANS AHEAD OF EUROPEANS

Erle Frayne D. Argonza

Good Day from the suburbs south of Manila!

Another gladdening news for us global citizens just came out recently from the heraldry mills: that of Asians leading the way to fuel-saving behavior. For those advocates of mitigating ‘greenhouse effect’ gas emissions through direct motorist interventions, the news surely comes as a refreshing one.

In a report summarized in the Philippine Daily Inquirer (by Amy R. Remo, 22 August 2012), the Shell corporation accordingly conducted a research which shows the greater inclination of Asians for fuel saving then the Europeans. 3,300 drivers across Asia and Europe served as respondents, and was released by the Shell FuelSave Report.

The motivation for fuel-saving, as validated by the research, were (a) the prospect of saving money and (b) being environmentally responsible. One can see, from the report, how economics has been merging with ecological balance concerns for the entire Asian continent, a reality that wasn’t there two (2) decades back.

The increased awareness of Asian motorists towards fuel utilization efficiency clearly deconstructs those contorted notions that developing countries are too low in environmental awareness. It’s plain stereotyping, this protestation from Western/Northern countries that Asians can’t commit to cutting down fossil fuel emissions as their development path still lingers on in the phase of ‘smokestack economy’ of yesteryears.

Fact is, the research findings coincides with the recent manifestation of exemplary behavior by Asian countries in re-engineering their policy environments to shift their power production and fuel consumption towards more clean energy in the foreseeable future. It is the Northern/Western countries that have been remiss in this regard, as one can see, with the USA leading the way to stubborn non-commitment to international protocols on cutting down fossil fuel emissions.

The report accordingly conducted online interviews beginning March 21 this year in the following countries: Philippines, UK, Denmark, Norway, Netherlands, Germany, Turkey, Singapore, Hong Kong, Malaysia and Thailand.   

My own country, the Philippines, has been among the most applauded internationally as it had reshaped its policy environment to develop and mass produce green energy fuel sources. Hybrid engines are now available in the country that utilize a combination of alternative and fossil fuel sources, while solar-powered vehicular prototypes are being designed across the country (even university students are vying for exemplary prototypes that can be mass produced locally and abroad).

The resort to fuel saving is a transitory phase towards a shift to total clean energy sources (solar, fuel cells, to the more ambitious gravitic and plasma technologies) that will be the viable option in the near future. My own forecast is that it won’t take till 2025 when the total shift can be accomplished across Asia, with the emerging markets of today leading the way towards that ambitious goal.

[Philippines, 12 September 2012]

[See: IKONOKLAST: http://erleargonza.blogspot.com,

UNLADTAU: https://unladtau.wordpress.com,

COSMICBUHAY: http://cosmicbuhay.blogspot.com,

BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com, ARTBLOG: http://erleargonza.wordpress.com,

ARGONZAPOEM: http://argonzapoem.blogspot.com]