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Monday, May 18, 2015

Central Planning Goes Global As UN Unveils Major Sustainable Development Agenda "For The Good Of The Planet"

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The UN plans to launch a brand new plan for managing the entire globe at the Sustainable Development Summit that it will be hosting from September 25th to September 27th.  Some of the biggest names on the planet, including Pope Francis, will be speaking at this summit.  This new sustainable agenda focuses on climate change of course, but it also specifically addresses topics such as economics, agriculture, education and gender equality.  For those wishing to expand the scope of “global governance”, sustainable development is the perfect umbrella because just about all human activity affects the environment in some way.  The phrase “for the good of the planet” can be used as an excuse to micromanage virtually every aspect of our lives.
So for those that are concerned about the growing power of the United Nations, this summit in September is something to keep an eye on.  Never before have I seen such an effort to promote a UN summit on the environment, and this new sustainable development agenda is literally a framework for managing the entire globe.
If you are not familiar with this new sustainable development agenda, the following is what the official United Nations website says about it…
The United Nations is now in the process of defining Sustainable Development Goals as part a new sustainable development agenda that must finish the job and leave no one behind. This agenda, to be launched at the Sustainable Development Summit in September 2015, is currently being discussed at the UN General Assembly, where Member States and civil society are making contributions to the agenda.

The process of arriving at the post 2015 development agenda is Member State-led with broad participation from Major Groups and other civil society stakeholders. There have been numerous inputs to the agenda, notably a set of Sustainable Development Goalsproposed by an open working group of the General Assembly, the report of an intergovernmental committee of experts on sustainable development financing, General Assembly dialogues on technology facilitation and many others.
Posted below are the 17 sustainable development goals that are being proposed so far.  Some of them seem quite reasonable.  After all, who wouldn’t want to “end poverty”.  But as you go down this list, you soon come to realize that just about everything is involved in some way.  In other words, this truly is a template for radically expanded “global governance”.  Once again, this was taken directly from the official UN website
1. End poverty in all its forms everywhere
2. End hunger, achieve food security and improved nutrition, and promote sustainable agriculture
3. Ensure healthy lives and promote wellbeing for all at all ages
4. Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
5. Achieve gender equality and empower all women and girls
6. Ensure availability and sustainable management of water and sanitation for all
7. Ensure access to affordable, reliable, sustainable and modern energy for all
8. Promote sustained, inclusive and sustainable economic growth, full and productive employment, and decent work for all
9. Build resilient infrastructure, promote inclusive and sustainable industrialisation, and foster innovation
10. Reduce inequality within and among countries
11. Make cities and human settlements inclusive, safe, resilient and sustainable
12. Ensure sustainable consumption and production patterns
13. Take urgent action to combat climate change and its impacts (taking note of agreements made by the UNFCCC forum)
14. Conserve and sustainably use the oceans, seas and marine resources for sustainable development
15. Protect, restore and promote sustainable use of terrestrial ecosystems, sustainably manage forests, combat desertification and halt and reverse land degradation, and halt biodiversity loss
16. Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels
17. Strengthen the means of implementation and revitalise the global partnership for sustainable development
As you can see, this list goes far beyond “saving the environment” or “fighting climate change”.
It truly covers just about every realm of human activity.
Another thing that makes this new sustainable development agenda different is the unprecedented support that it is getting from the Vatican and from Pope Francis himself.
In fact, Pope Francis is actually going to travel to the UN and give an address to kick off the Sustainable Development Summit on September 25th
His Holiness Pope Francis will visit the UN on 25 September 2015, and give an address to the UN General Assembly immediately ahead of the official opening of the UN Summit for the adoption of the post-2015 development agenda.
This Pope has been very open about his belief that climate change is one of the greatest dangers currently facing our world.  Just a couple of weeks ago, he actually brought UN Secretary General Ban Ki-moon to the Vatican to speak about climate change and sustainable development.  Here is a summary of what happened…
On 28 April, the Secretary-General met with His Holiness Pope Francis at the Vatican and later addressed senior religious leaders, along with the Presidents of Italy and Ecuador, Nobel laureates and leading scientists on climate change and sustainable development.

Amidst an unusually heavy rainstorm in Rome, participants at the historic meeting gathered within the ancient Vatican compound to discuss what the Secretary-General has called the “defining challenge of our time.”

The mere fact that a meeting took place between the religious and scientific communities on climate change was itself newsworthy. That it took place at the Vatican, was hosted by the Pontifical Academy of Sciences, and featured the Secretary-General as the keynote speaker was all the more striking.
In addition, Pope Francis is scheduled to release a major encyclical this summer which will be primarily focused on the environment and climate change.  The following comes from the New York Times
The much-anticipated environmental encyclical that Pope Francis plans to issue this summer is already being translated into the world’s major languages from the Latin final draft, so there’s no more tweaking to be done, several people close to the process have told me in recent weeks.
I think that we can get a good idea of the kind of language that we will see in this encyclical from another Vatican document which was recently released.  It is entitled “Climate Change and The Common Good”, and it was produced by the Pontifical Academy of Sciences and the Pontifical Academy of Social Sciences.  The following is a brief excerpt
Unsustainable consumption coupled with a record human population and the uses of inappropriate technologies are causally linked with the destruction of the world’s sustainability and resilience.Widening inequalities of wealth and income, the world-wide disruption of the physical climate system and the loss of millions of species that sustain life are the grossest manifestations of unsustainability. The continued extraction of coal, oil and gas following the “business-as-usual mode” will soon create grave existential risks for the poorest three billion, and for generations yet unborn. Climate change resulting largely from unsustainable consumption by about 15% of the world’s population has become a dominant moral and ethical issue for society. There is still time to mitigate unmanageable climate changes and repair ecosystem damages, provided we reorient our attitude toward nature and, thereby, toward ourselves. Climate change is a global problem whose solution will depend on our stepping beyond national affiliations and coming together for the common good. Such transformational changes in attitudes would help foster the necessary institutional reforms and technological innovations for providing the energy sources that have negligible effect on global climate, atmospheric pollution and eco-systems, thus protecting generations yet to be born.Religious institutions can and should take the lead in bringing about that change in attitude towards Creation.

The Catholic Church, working with the leadership of other religions, can now take a decisive role by mobilizing public opinion and public funds to meet the energy needs of the poorest 3 billion people, thus allowing them to prepare for the challenges of unavoidable climate and eco-system changes. Such a bold and humanitarian action by the world’s religions acting in unison is certain to catalyze a public debate over how we can integrate societal choices, as prioritized under UN’s sustainable development goals, into sustainable economic development pathways for the 21st century, with projected population of 10 billion or more.
Under this Pope, the Vatican has become much more political than it was before, and sustainable development has become the Vatican’s number one political issue.
And did you notice the language about “the world’s religions acting in unison”?  Clearly, the Vatican believes that it has the power to mobilize religious leaders all over the planet and have them work together to achieve the “UN’s sustainable development goals”.
I can never remember a time when the United Nations and the largest religious institution on the planet, the Catholic Church, have worked together so closely.
So what will the end result of all this be?
Should we be concerned about this new sustainable development agenda?
Credit to Zero Hedge

Hugo Salinas-Price-Global Economy in a Terrible Mess, No Way Out Without Suffering

Earth 'Is Becoming Increasingly Unstable and The 'Ring Of Fire Is Shaking Violently

The screen shot below shows all of the 2.5+ and above earthquakes that occurred between May 9, 2015 to May 15, 2015, surrounding the "Ring of Fire," which is where about 90%of the world's earthquakes and 81% of the world's largest earthquakes occur, according to Wiki


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(Screen shot from The Event Chronicle)

Not only is there tremendous earthquake activity shaking the earth in these locations, but according to The Economic Collapse Blog, using information obtained from Volcano Discovery, 40 volcanoes around the globe are erupting right now, and 34 of them are along the Ring of Fire. To give context to what this means, they explain "there were a total of3,542 volcanic eruptions during the entire 20th century.  When you divide that number by 100, that gives you an average of about 35 volcanic eruptions per year.  So the number of volcanoes that are erupting right now is well above the 20th century’s average for an entire calendar year."

This escalation of activity, specifically surrounding the Ring of Fire, which has 452 volcanoes and is home to over 75% of the world's active and dormant volcanoes spanning 25,000 miles in a horseshoe shape, leads Michael Snyder from the Economic Collapse Blog to state "the Ring of Fire is shaking violently," and Earth "is becoming increasingly unstable."

Snyder points out "the things that we have been seeing lately are part of a much larger long-term trend," and asserts "most Americans are never going to care about any of this until it starts affecting them personally," before saying "perhaps they should start paying attention to the warning signs."

In recent weeks we have seen significant earthquakes in Michigan, Texas, Mississippi, California, Idaho And Washington.  In addition, it is being reported that pressure is building in dormant volcanoes in Arizona and California.  Just because we have not had a killer earthquake or a large volcanic eruption in the U.S. in recent years does not mean that it will always be that way.  Right now the entire planet appears to be waking up, and this especially seems to be true of the Ring of Fire.

If you are not familiar with the Ring of Fire, just imagine a giant ring that runs around the outer perimeter of the Pacific Ocean.  Approximately 90 percent of all earthquakes and approximately 75 percent of all volcanic eruptions occur within this area, and the entire west coast of North America is considered to be part of the Ring of Fire.

For so long, the west coast has been incredibly blessed not to have experienced a major seismic event.  But scientists tell us that it is only a matter of time.
And right now, just about every other part of the Ring of Fire is shaking violently.

Read More. 

While the map above shows the earthquake activity from May 9-15, 2015, Gary Walton from The Big Wobble  shows in the first video below, the "massive uptick" of volcano activity for the first week of May 2015. The second video below shows the large quakes and volcano eruptions from the last week in April.






Volcao22.jpg

Credit to Susan Duclos

Sunday, May 17, 2015

Martin Armstrong Warns Of The Coming Crash Of All Crashes

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Why are governments rushing to eliminate cash?
During previous recoveries following the recessionary declines, the central banks were able to build up their credibility and ammunition so to speak by raising interest rates during the recovery. This time, ever since we began moving toward Transactional Banking with the repeal of Glass Steagall in 1999, banks have looked at profits rather than their role within the economic landscape.
They shifted to structuring products and no longer was there any relationship with the client. This reduced capital formation for it has been followed by rising unemployment among the youth and/or their inability to find jobs within their fields of study. TheVELOCITY of money peaked with our Economic Confidence Model 1998.55 turning point from which we warned of the pending crash in Russia.

The damage inflicted with the collapse of Russia and the implosion of Long-Term Capital Management in the end of 1998, has demonstrated that theVELOCITY of money has continued to decline.
Long-Term Capital Managment

There has been no long-term recovery. This current mild recovery in the USA has been shallow at best and as the rest of the world declines still from the 2007.15 high with a target low in 2020, the Federal Reserve has been unable to raise interest rates sufficiently to demonstrate any recovery for the spreads at the banks between bid and ask for money is also at historical highs. Banks will give secured car loans at around 4% while their cost of funds is really 0%. This is the widest spread between bid and ask since the Panic of 1899.
We face a frightening collapse in the VELOCITY of money and all this talk of eliminating cash is in part due to the rising hoarding of cash by households both in the USA and Europe.
This is a major problem for the central banks have also lost control of the ability to stimulate anything.The loss of traditional stimulus ability by the central banks is now threatening the nationalization of banks be it directly, or indirectly.
We face a cliff that government refuses to acknowledge and their solution will be to grab more power – never reform.

CRedit to Zero Hedge

Leading German Keynesian Economist Calls For Cash Ban

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It’s official: the world has gone central-planner crazy. 
Monetary policy, whether in the form of “conventional” methods such as the micromanagement of policy rates or so-called “unconventional” measures such as QE, has proven utterly ineffective when it comes to both “smoothing out” the business cycle and reigniting economic growth in the wake of severe downturns. If anything, recent history has shown the exact opposite to be true. 
That is, the Fed helped to engineer the housing bubble and has now succeeded in inflating a similar bubble in stocks and fixed income. Meanwhile, the Japanese experience with QE has plunged the country into what we have affectionately dubbed “The Kuroda Zone”, wherein the BoJ has cornered both the stock and bond markets while failing to promote wage growth or meaningfully raise inflation expectations. In China, the PBoC has taken to cutting policy rates at the first sign of weakness in the stock market, helping to sustain what will perhaps go down in history as the second coming of the tulip bulb mania, while the ECB has taken the insane step of adopting a trillion euro bond buying program while simultaneously demanding fiscal discipline, meaning the central bank’s bond monetization efforts are set against a backdrop of meager supply.
In sum, the collective actions of the world’s most influential central banks have done wonders when it comes to inflating asset bubbles but have done very little to revive robust economic growth. In fact, far from smoothing out the business cycle and resuscitating DM demand, post-crisis monetary policy has actually had the exact opposite effect: it has set the stage for an even more spectacular collapse while simultaneously creating a worldwide deflationary supply glut.
At this stage, a sane person might be tempted to call it a day on the monetary experiments, especially considering that at this point, the limits have been reached. That is, there are literally no more assets to buy and rates have hit the effective lower bound where rational actors will eschew bank deposits in favor of the mattress. But not so fast, say folks like Citi’s Willem Buiter and economist Ken Rogoff: the world could always ban cash because if you eliminate physical currency and force people to use a debit card linked to a government controlled bank account for all transactions, you can effectively centrally plan everything. Consumers not spending? No problem. Just tax their excess account balance. Economy overheating? Again, no problem. Raise the interest paid on account holdings to encourage people to stop spending. So with Citi, Harvard, and Denmark all onboard, we bring you the latest call for a cashless society, this time from German economist and member of the German Council Of Economic Experts Peter Bofinger.
Via Spiegel (Google translated):
Coins and bills are obsolete and only reduce the influence of central banks.This position represents the economy Peter Bofinger. The federal government should stand up for the abolition of cash, he calls in the mirror…

The economy Peter Bofinger campaigns for the abolition of cash. "With today's technical possibilities coins and notes are in fact an anachronism," Bofinger told SPIEGEL.

If these away, the markets for undeclared work and drugs could be dried out. In addition, it would have the central banks easier to enforce its monetary policy.The teaching in Würzburg economics professor called on the federal government to promote at the international level for the abolition of cash. "That would certainly be a good topic for the agenda of the G-7 summit in Elmau," he said. (Click here to read the full interview in the new mirror .)

Even the former US Treasury Secretary Larry Summers and economist pleaded for an end to the already cash . Likewise, the US economist Kenneth Rogoff . He also argued that the interest rates of central banks have less clout when banks or consumer credit rather than hoard cash.

Critics warn, however , such debates would only distract from the real problems of the current monetary policy.
Yes, the “real problems” with current monetary policy. Like the fact that by design it can't possibly work(but it can and will push stocks to unprecedented highs). Paging Mr. Weidmann, your countrymen are going Keynesian crazy.
Credit to Zero Hedge

Saturday, May 16, 2015

UK PM David Cameron Proclaims: It’s Not Enough To Follow The Law, You Must Love Big Brother



It’s not just those domestic extremists and crazy “conspiracy theory” kooks who took serious issue with UK Prime Minister David Cameron’s recent overtly fascist language when it comes to freedom of expression in Great Britain. For example, in a post published today, the UK Independent describes the quote below as “the creepiest thing David Cameron has ever said.”
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This statement, and others like it, are a huge deal. This isn’t how the leader of a major civilized Western so-called “democracy” speaks to the citizenry. It is how a master talks to his slaves. How a ruler addresses his subjects. I think the following tweet by Glenn Greenwald earlier today sums up David Cameron’s attitude perfectly well:
"But now is not enough to obey, You must LOVE BIG BROTHER" 
Those of us who are in disbelief over David Cameron’s recent language, don’t have to just point to the quote above. There’s a lot more to it than a simple quote. For example, the Guardian reports:
The measures would give the police powers to apply to the high court for an order to limit the “harmful activities” of an extremist individual. The definition of harmful is to include a risk of public disorder, a risk of harassment, alarm or distress or creating a “threat to the functioning of democracy”.
A “risk of public disorder,” or a “risk of harassment alarm or distress.” Think about that for a second. Pretty much 90% of all speech could be classified as posing a risk to all of those things. It’s basically banning any criticism the government doesn’t like. Truly remarkable. Now here’s how the magnificent “democracy” of Great Britain plans on dealing with such “extremists.”
They would include a ban on broadcasting and a requirement to submit to the police in advance any proposed publication on the web and social media or in print. The bill will also contain plans for banning orders for extremist organizations which seek to undermine democracy or use hate speech in public places, but it will fall short of banning on the grounds of provoking hatred.
Although I’m not a British citizen and have never lived in the UK, I have spent some time writing about the disturbing trends happening across the pond due to the historic, cultural, geopolitical and linguistic ties between the U.S. and Great Britain. I warned all about these dangerous trends last fall in the post, The UK’s Conservative Party Declares War on YouTube, Twitter, Free Speech and Common Sense. Here are a few excerpts:
Teresa May wants to “ban non-violent extremist groups that fall short of the current threshold for being banned as terrorist-related organizations.” Think about that very closely. Essentially, she is saying non-violent groups that are currently not breaking any laws should be criminalized by creating new laws. Once this process begins, it will continue to be expanded and expanded until pretty much every form of expression other than government propaganda will be banned.

Secondly, she notes that the new laws are necessary to combat groups that undertake activities “for the purpose of overthrowing democracy.” Considering that the U.S. government changes the meanings of words at a moment’s notice, such as claiming that “imminent” doesn’t really mean “imminent,” I argue that an official government definition of democracy is necessary. Moreover, what if the UK is like the U.S., a state that claims to be a democracy, but in reality is an oligarchy? What are the rules about calling for the removal of an oligarchy?
Have fun mates.
Credit to Zero Hedge