Posted tagged ‘U.S.A.’

EMERGING MARKETS OVERTAKE RICH NATIONS BY 2025 SAYS WB

May 26, 2011

EMERGING MARKETS OVERTAKE RICH NATIONS BY 2025 SAYS WB

Erle Frayne D. Argonza

Good news has played harmonious cords for the world’s emerging markets recently, as the World Bank released its most honest forecast that they will equalize wealth production with the richest nations by 2025. This wonderful forecast alone is very good news that is cause for celebration this early, as it means the era of hegemonism by the weathiest nations is coming to an end.

Richest nations often than not refer to the members of the OECD which has the G7 nations at the top. OECD economies, during their heydays, produced 60% of the world’s wealth, so you could just imagine their clout. They bullied developing economies no end, and they used the thuggish IMF as the institution to slam bang the poorer nations into submitting to their dictates of authority measures.

That era of OECD hooliganism is now drawing to a close, as the emerging markets make waves as growth drivers of the global economy. Emerging markets are those countries with (a) big populations, (b) growing consistently at a range of 5%-10% per annum, and (c) have a very significant numbers of families earning middle income range of U.S. $6,000-30,000 per annum.

Philippines, my beloved nation, has a population of past 94 Millions as of end of 2011, has been growing at an average of 5% for a decade now, and has 15% of its population at middle incomes (using the global middle-class yardstick). It is clearly among the emerging markets, and is a trend setter in the ASEAN together with the other emerging markets Indonesia and Vietnam.

Other trend-setting emerging markets across the globe are: China, India, Brazil, Turkey, Russia, Mexico, Egypt, and Pakistan. Let’s cross our fingers that the likes of Bangla Desh and Nigeria will mutate into emerging markets very soon.

Taiwan, Singapore, and Hongkong do not qualify as ‘emerging’, as they are classified as ‘dragon economies’, besides they are already wealthy. Malaysia and Thailand have relatively small populations, so they don’t qualify as ‘emerging markets’ but are classified among the ‘tiger economies’.

The ASEAN is surely a fortunate region as it has Indonesia, Philippines, and Vietnam among its emerging economies, aside from wealthy Singapore, the ‘tigers’ Malaysia and Thailand, and small but wealthy Brunei. It is now recognized as a regional powerhouse, and will be a global economic power before this decade’s end.

Producing aggregate income of $1.8 Trillions as of end of 2010, which will double in 2016, ASEAN is surely bound to be a pillar of the global economy. China already reached that status, and India is on its way there too. Japan was the only economic global pillar in Asia by the 20th century, but that situation had radically altered as China surpassed it recently.

For the emerging economies of the world, bon voyage to your journeys to global acclaim and wealth!

[Philippines, 18 May 2011]
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Come Visit E. Argonza’s blogs & website anytime!

Social Blogs:
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UNLADTAU: https://unladtau.wordpress.com

Wisdom/Spiritual Blogs:
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BRIGHTWORLD: http://erlefraynebrightworld.wordpress.com

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ARTBLOG: http://erleargonza.wordpress.com
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@SOULCAST: http://www.soulcast.com/efdargon

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

WESTERN BOMBING ADDICTION OBFUSCATES LIBYAN PRO-DEMOCRACY

April 1, 2011

WESTERN BOMBING ADDICTION OBFUSCATES LIBYAN PRO-DEMOCRACY

Erle Frayne D. Argonza

Civil war rages on in Libya as of this writing. Western powers’ bombing sorties did change the compass of the conflict, as they destroyed armored arsenals and aircraft of government forces, thus weakening Kadhafy’s position. However, the bombing addiction is turning more spurious, even as it obfuscates the legitimacy of the pro-democracy forces.

In previous articles, I already sounded off my resonance with the youthful generations of the Arab world in their just and legitimate campaigns to overthrow republican tyrannies and antiquated kingdoms & sheikhdoms. In the case of Libya, I was amenable to seeing a coalition of forces from Africa (e.g. African Union) and the Arab League help out to flash Kadhafy off his turf.

To recap, Kadhafy responded with sadistic carnage to the peaceful pro-democracy protesters, and that genocide is simply inhumane, demonic and unacceptable by any yardstick of civility. And so he must be ousted by a synergy of external and internal forces, till the opposition will be given the opportunity to construct a new government.

I was surprised by the rapidity with which the Western powers responded and took the cudgels of external intervention, which I did observe with detached coldness for a while. But now, seeing that the ugly ogre of power hegemonism has reared itself, I can see that the bombing obsession could turn the conflict to directions other than what the pro-democracy forces themselves opted to sojourn at the commencement of the campaign.

Obama just seems too over-focused on his own obsession, the same obsession he is now projecting on the leaderships of the USA, France and UK. Just exactly where that obsession will lead to, must be forecast and anticipated with opacity. Obama might revive the already dying Pax Americana which most countries vehemently oppose, revived precisely by the entry of American ground troops to Libya.

Cameron is puppet of the British financiers who have enormous stake in Libya’s oil, so we can expect more of UK intervention in the war. It isn’t remote that the British oligarchs will call the shots by secretly moving to bankroll the war while America provides the ground troops for the oligarchs’ pursuits. It’s Iraq and Afghanistan all over again, and that spells real danger.

Remember, the Anglo-European oligarchy had planned all along to orchestrate the waging of a 3rd World War, by pitting a Sunni-Zion alliance versus an Iranian-led Shiite coalition. The Arab conflicts got their abominable plan almost off-track, so they are recasting their tools and orchestrating opportunities in the Arab conflicts in their favor, so that their apocalyptic agenda will hold through.

As far as American politicians are concerned, Libya has no strategic significance to America’s interests, so they are befuddled by Obama’s obsession with bombing Libya and his subterfuge agenda to land ground troops there. Obama’s divergence from mainstream hegemonistic compass in America would reveal him as a closet Confederate who works unabashedly to align America’s hot wars to the abominations of the Anglo-European oligarchs.

African countries should better act quickly so as to secure the initiatives in orchestrating the external intervention in Libya. Acting out too late, the bombing addicts of the West would transform the conflict into a grotesque holocaust of sorts that could ignite a gigantic conflagration.

[Philippines, 31 March 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

Mixed Blends Blogs:
@MULTIPLY: http://efdargon.multiply.com
@FRIENDSTER: http://erleargonza.blog.friendster.com
@SOULCAST: http://www.soulcast.com/efdargon

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

MADNESS IN WISCONSIN: HARDLINERS JUNK LABOR RIGHTS

March 17, 2011

MADNESS IN WISCONSIN: HARDLINERS JUNK LABOR RIGHTS

Erle Frayne D. Argonza

Madness masquerades as rational-legal in today’s postmodern context. The fiasco over the collective bargaining issue in Wisconsin, a state in the USA, is strong evidence of the erasure of the boundary between madness and rationality.

Industrial relations modalities of the moment have already graduated to a higher ground since the early days of management science. During those ancient days—of the likes of Taylor, Fayol, Weber—it was still customary to debate over how management should treat labor. Times have changed since then.

Collective bargaining as a sacrosanct ‘best practice’ has attained granite-rock acceptance as a social technology. It is the bedrock of industrial relations or IR. Needless to say, it had ceased to be an issue whether to accept that collective bargaining has full import in inducing productivity, efficacy, and efficiency in the work sphere.

As a social technology expert and analyst, it surely comes as a shock to me that collective bargaining has been put on the drawing board of decisional chips in a state of the USA, and debated whether it should even exist in that state at all. As far as the Philippines is concerned, where industrial peace has prevailed for two (2) decades now, collective bargaining is a sacrosanct tool, even as it is underpinned by human development paradigm championed by global institutions such as the ILO.

Even when Martial Law prevailed in the Philippines—under dictator Marcos—trilateral talk between state, market (business), and trade unions (civil society) was already at the height of institutionalization. It was followed through by best practices of labor-management dialogue in the micro-setting that led eventually to the industrial peace we are now experiencing here.

The same best practices were highly lauded by the International Labor Organization or ILO, and were adopted as some of the core practices recommended by the same magnanimous body to its member countries. Those same practices were hatched in the University of the Philippines’ School of Labor Industrial Relations or SOLAIR, an institution that had championed the generation of social technologies for the work environment.

The move by Jurassic politicians in Wisconsin, who maneuvered to junk collective bargaining supposedly to prime the state’s coffers and enable the payment of $3 Billions of debts, betrays a lack of understanding of the human condition and IR best practices. That the work force of Wisconsin has to serve as sacrificial lamb to be able to pay debts shows the degenerative madness that has permeated the mental banks of the politicians there.

I can only state one word to describe the Wisconsin condition: appalling! The protesting professionals and workers there were right when they said that the world is watching the Wisconsin fiasco, and yes indeed we are watching. There is no way we can allow a domino effect of that political madness to other democracies, and I do hope my own fellow Filipinos in America will make a strong voice in protest over such a madness by conscienceless policians.

Such madness is indicative of the Fascism that had encroached in almost all known sectors of the United States, a mindset that almost justified a martial law by the former president Bush. To use democratic institutions (e.g. legislation) in order to stifle workers’ rights is plain fascistic behavior, and should be exposed and junked pronto before the fascistic precedent spreads to other countries.

The hardliner politicians in Wisconsin better go back to their kindergarten lessons and get some crash courses in industrial relations, if it isn’t too late a thing to do this corrective measure. They should also be reminded of the lessons of America’s history, whereby the Civil War erupted precisely because of polarization over how to treat human resources there: whether to enslave or to free the colored peoples of the south.

[Philippines, 11 March 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

Mixed Blends Blogs:
@MULTIPLY: http://efdargon.multiply.com
@FRIENDSTER: http://erleargonza.blog.friendster.com
@SOULCAST: http://www.soulcast.com/efdargon

U.S. GOVERNANCE FRAGMENTS, OBAMA’S RATIONALITY DWINDLES

December 1, 2010

Erle Frayne D. Argonza

Good day to all ye global citizens! Magandang araw sa mga kapamilyang global!

The Republicans have recently slam dunked the Democrats in the House electoral contest. This update event has put a closure to Democrat dominance in US governance, an event that will highlight brinkmanship of a dangerously destructive path.

News have been disseminated worldwide that Obama fired his highly trusted economic aides. With no team to recline on in the White House, Obama is compelled by the situation to rely more and more on the likes of Gates of the defense community, Clinton for foreign policy, and other powerful figures inside the cabinet and senate other than the economic aides.

The people whom he relies upon at this time represent distinct voices of diverse ideological persuasions. The defense Establishment is very strongly neo-conservative (read: fascist), the diplomatic community is Wilsonian liberal (center to Left), and the Senate Democrats are liberal obscurantists.

The nationalists, or those articulators of regulation and protection of American economic interests in domestic and foreign policies, have been marginalized all of a sudden. Perhaps their advocacies will be taken over by the more Rightwing Republicans in congress and the bureaucracy, Republicans whose protectionist mindsets translate to protectionism for Big Business and the oligarchy.

Obama’s feat has been to curb the ceaseless economic downspin via the stimulus program. However, unemployment and poverty incidence continue to rise, indicating the flaws in social policies. Health care and war commitments continue to generate rabid detraction.

The question we’re raising this time is: how far governable is the government of the United States? The potency of governance institutions is being weakened by the year, and the direction of that weakening is towards a fragmentation of governance altogether.

I do recall having endorsed Obama’s candidacy to Filipino-Americans and their compatriots there. The reason was that being unencumbered to oligarchic interests, Obama can make a change in policy directions both domestically and internationally. A re-institution of New Deal policies, hopefully, can be effected by his regime, an audacious act that can be emulated by the other countries.

I expected that the Obama regime will re-carve U.S. policy environment towards re-structuring the economy, reviving the physical economy, and quashing predatory finance. Alas! Signs are aplenty that the feats didn’t go that far as expected!

Now the Republicans are back in the legislature and local governments, and so observers better anticipate brinkmanship jettisoning to higher altitudes. The result would prove catastrophic to America altogether, as the exacerbation of lowly governable state surfaces.

A similar fragmentation is now happening among European states and Japan, a development that could prove to be frightening. The situation will also be enormously puzzling to political scientists and sociologists who are deeply mired in ‘re-inventing governance’ paradigm line, a paradigm that is replete with flaws and imprudent peddler of the illusion of ‘end of ideology’.  

Political scientists and sociologists hold a similar contention that America’s civil society had badly fragmented. Such a lamentable situation has eroded the ‘social capital’ of citizens and folks, thus disabling their capacity for leveraging the state and market for greater social goods and services.

With state institutions and governance further weakened and an economy that has deteriorated across the decades, a weak civic life for Americans means they have to anticipate the worst yet to come in their access to social, economic, and public goods.

Obama’s very own sanity or psychological health could be deteriorating now, a fact that will undermine his own capacity to grasp grassroots reality and facts-of-life. Such a deterioration of psychic ‘wealth’ is the least that Americans expect nor dream of, and bodes a dark age for the Saxon power up north.

[Philippines, 29 November 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]

WESTERN MAN’S SOCIOPATHY IN CHINA-BASHING

November 3, 2010

Erle Frayne Argonza y Delago

Good day to my fellow global citizens!

The USA and European states have been raising the alarm bell recently of a China that has been manipulating its currency to undermine the economies of the former. That is the perception coming from the West, a perception that is dangerously warped, so let me share some reflective thoughts about the matter.

The Western Man, nay the White Man has been manifesting a shared abnormality of sorts: that of resorting to a ‘bogey man’ discourse in order to justify an invasion or destruction of another nation and its people. The malady lies at the very root of the collective psyche of the Western Man, and seems to be incurable.

‘Bogey man’ discourse means the Western Man has the penchant for looking for someone or some country to blame for its own defects. It is a case of collective projection of their defects on other peoples, whom they would then demonize without let up as part of a collective catharsis. The catharsis could then break up into a great war in the foreseeable future which will be conducted with sadistic passion that is no longer human but ‘demonic’.

Didn’t the West recently create Jihad terror groups that they used for some time in their campaign against their collective nemesis, the former Soviet Union? Then, eventually, the jihad movements became the very ‘bogey man’ targets of the Western Establishment to justify the destruction of nations and peoples, such as what they demonstrated versus Iraq and Afghanistan.

Not even contented with the anti-jihad rhetoric that the Western media had hyper-hyped, the Western Man has been into every Asia-bashing ‘bogey man’ discourse over the last five (5) years or so. The Japan-bashing discourse led to the humiliation of the Sony Corp owners and the inflammation of anti-West passions right inside Japan itself.

There also is the increasing resort to India-bashing rhetoric in the West, which has been coming at a time when Indians are being murdered by the hundreds every year in Australia (a Saxon nation). Indian investors and executives are the targets of media attacks and dis-information by the very same White oligarchic forces that have been salivating for a control of the ‘smart money’ coming from India.

At this juncture, the West with the USA as the lead force has been elevating to crescendo level the China-bashing discourse. Multiple issues are being highlighted by detractors, such as the Tibet issue, human rights issue, and the hyper-valuation of the yuan/renminbi.

As already shared by experts across the world, the economic malaise of the West is largely an internal malady.  Their very own economists, led by Joseph Stiglitz, have repeatedly pinpointed the structural defects of the economy, defects that are not being addressed properly as the Establishment has a different perception altogether (i.e. it is a cyclical problem).

In the late 90’s, I was among circles of political economist in the Philippines who foresaw the structural defects in Western/Northern economies. We forewarned the public of the coming failure of globalization and another depression that would hit both sides of the Atlantic.

Liberal economic reforms that began with the dropping of the gold standard yet (c ’72) and widened with the Reagan-Thatcher privatization initiatives, gave rise to the ‘virtual economy’ founded on predatory finance. The same predatory finance led to massive de-industrialization, agricultural decay, decline of S & T investments and new innovations, erosion of infrastructures, and neglect of transportation & communications. The latter sectors are the very foundations of the physical economy, the very ‘real economy’ that provides for jobs, social security, ‘safety caps’ for the masses, and long-term economic stability.

But predatory Western Establishment will have nothing to do with the facts, and will do everything to conceal the facts from the general public. The sociopathic elements, which sadly could afflict all of the key echelon people in the Establishment, are fascistically inclined to bamboozle and destroy every external polity and people that they can identify and project their defects unto.

So many peoples were already mass terminated and brutally killed on account of the same sociopathy of the Western Man. Just count how many hundreds of millions died due to the 1st and 2nd World Wars, add to the 37 millions that were killed due to America’s post-war military adventurisms.

The Western peoples should better forge a level of unity to solve problems by addressing the problems directly and reforming structural defects within their backyards. Nothing will be gained from flowing with their psychological defects that could lead to another round of mass terminations due to a global war that could explode soon.

[Philippines, 30 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]

OBAMA’S AIDES DEPART, WHERE BLOWS PUBLIC POLICY?

October 19, 2010

Erle Frayne D. Argonza

Magandang gabi! Good evening!

Obama’s aides—who have been with him all the way since electoral campaign days—are departing. We do hope to get to the bottom of the real reason behind the departures, such as those of his ideologue chief-of-staff, but it seems the answer will be confined to the White House as classified information.

What we ought to reflect on is, after the departures, where does the wind of public policy—domestic and international—blow for Obama’s government? Will the oversight/regulatory powers be reinforced somehow, to checkmate the intrusive manipulations of financiers in America’s economy? Will the Wilsonian inclination for democracy cum civil rights be sustained in foreign policy?

The North’s economists have already pronounced their evaluation of America’s and Europe’s economies, with pessimistic-to-gloomy forecasts of both continental economies over the next two (2) years. The stimulus package has clearly backfired, unemployment has ballooned to past 9% (may hit 10% by 2011), and poverty incidence has gone up to 15% (from the pre-crisis 12% level).

Meantime, Clinton is entrenched as foreign policy executor, and her presence bodes well for the Wilsonians who have always held sway in the state department. How much can Wilsonian clout remain till the rest of Obama’s term will be up for observation, more so that the midterm election is bound to erode the Democrats’ congressional seats.

To get straight to the point, with Republicans forecast to re-dominate both houses of legislature, both domestic and foreign policy directions are bound to alter. On the foreign policy front, the isolationism of traditional Republicans may come back, thus undermining the ‘engagement policy’ of the Obama regime in the short run.

How many Obama aides are bound to depart soon we can only surmise for now. But it seems that as a forecast fallout of Democrats increases by the day, so shall the Obama aides get to have some quantitative reductions too.

The quantitative reductions in aides could tip the balance inside the White House in favor of a certain policy initiative. So we observers have no choice but to stay glued to the changes right within Obama’s headquarters. We can only hope that a resurgence of the neo-conservatives, who hold sway in Pentagon & Defense, won’t be in the offing.

With the USA’s possible spiral down a 2nd recessionary dip, a return of the hawkish neo-cons to power (they’d be dictating terms for Obama behind closed doors) would spell the doom to America’s prestige worldwide. A neo-cons return would coincide with Israel’s unilateral plan to strike down Iran in hot warfare, an act that could take Obama down the global esteem ratings if he will resonate with the hawks.

The electoral campaigns are now heating up as the polls near, so let us monitor the events very closely in the USA. Just exactly who those Republican additions are in both houses will galvanize very soon, bringing along with them the Jurassic solutions of Reaganomics cum Bush tax cuts, along with Federal Reserve antique tool of interest rate intervention.

[Philippines, 06 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]

 

 

 

 

 

 

 

 

 

 

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]