Category Archives: #Brexit

30 years ago, Jacob Rothschild predicted a global currency by 2018

On March 6, 1991, in a speech to Congress then-President George H. W Bush famously and very prematurely declared the beginning of a “new world order” following the Gulf War — the U.S.-led expulsion of Iraqi forces from Kuwait:

“Now, we can see a new world coming into view. A world in which there is the very real prospect of a new world order…. A world where the United Nations, freed from cold war stalemate, is poised to fulfill the historic vision of its founders. A world in which freedom and respect for human rights find a home among all nations.”


Three years before in 1988, in an essay in The Economist (which is partly owned by the Rothschild family), Lord Jacob Rothschild, now 82, predicted that in 2018 the world would be united under a single currency, the phoenix.
Under the global monetary union, called the “phoenix zone,” administered by a global central bank, national economic boundaries would dissolve. “Tight constraints” would be imposed on national governments, and there would be no national monetary policy. In effect, nation-states would lose their economic sovereignty, supplanted by a global government — a new world order — in fact if not in name.

Thanks to The Free Thought Project, below is an excerpt from Jacob Rothschild’s article, “Ready for the Phoenix,” The Economist, January 9, 1988, pp. 9-10.

Ready for the Phoenix
Thirty years from now, Americans, Japanese, Europeans, and people in many other rich countries, and some relatively poor ones will probably be paying for their shopping with the same currency. Prices will be quoted not in dollars, yen or D-marks but in, let’s say, the phoenix. The phoenix will be favoured by companies and shoppers because it will be more convenient than today’s national currencies, which by then will seem a quaint cause of much disruption to economic life in the last twentieth century.
At the beginning of 1988 this appears an outlandish prediction. Proposals for eventual monetary union proliferated five and ten years ago, but they hardly envisaged the setbacks of 1987. The governments of the big economies tried to move an inch or two towards a more managed system of exchange rates – a logical preliminary, it might seem, to radical monetary reform. For lack of co-operation in their underlying economic policies they bungled it horribly, and provoked the rise in interest rates that brought on the stock market crash of October. These events have chastened exchange-rate reformers. The market crash taught them that the pretence of policy co-operation can be worse than nothing, and that until real co-operation is feasible (i.e., until governments surrender some economic sovereignty) further attempts to peg currencies will flounder.
The New World Economy
The biggest change in the world economy since the early 1970’s is that flows of money have replaced trade in goods as the force that drives exchange rates. as a result of the relentless integration of the world’s financial markets, differences in national economic policies can disturb interest rates (or expectations of future interest rates) only slightly, yet still call forth huge transfers of financial assets from one country to another. These transfers swamp the flow of trade revenues in their effect on the demand and supply for different currencies, and hence in their effect on exchange rates. As telecommunications technology continues to advance, these transactions will be cheaper and faster still. With unco-ordinated economic policies, currencies can get only more volatile.…
In all these ways national economic boundaries are slowly dissolving. As the trend continues, the appeal of a currency union across at least the main industrial countries will seem irresistible to everybody except foreign-exchange traders and governments.In the phoenix zone, economic adjustment to shifts in relative prices would happen smoothly and automatically, rather as it does today between different regions within large economies (a brief on pages 74-75 explains how.) The absence of all currency risk would spur trade, investment and employment.
The phoenix zone would impose tight constraints on national governments. There would be no such thing, for instance, as a national monetary policy. The world phoenix supply would be fixed by a new central bank, descended perhaps from the IMF. The world inflation rate – and hence, within narrow margins, each national inflation rate- would be in its charge. Each country could use taxes and public spending to offset temporary falls in demand, but it would have to borrow rather than print money to finance its budget deficit. With no recourse to the inflation tax, governments and their creditors would be forced to judge their borrowing and lending plans more carefully than they do today. This means a big loss of economic sovereignty, but the trends that make the phoenix so appealing are taking that sovereignty away in any case. Even in a world of more-or-less floating exchange rates, individual governments have seen their policy independence checked by an unfriendly outside world.
As the next century approaches, the natural forces that are pushing the world towards economic integration will offer governments a broad choice. They can go with the flow, or they can build barricades. Preparing the way for the phoenix will mean fewer pretended agreements on policy and more real ones. It will mean allowing and then actively promoting the private-sector use of an international money alongside existing national monies. That would let people vote with their wallets for the eventual move to full currency union. The phoenix would probably start as a cocktail of national currencies, just as the Special Drawing Right is today. In time, though, its value against national currencies would cease to matter, because people would choose it for its convenience and the stability of its purchasing power.…
The alternative – to preserve policymaking autonomy- would involve a new proliferation of truly draconian controls on trade and capital flows. This course offers governments a splendid time. They could manage exchange-rate movements, deploy monetary and fiscal policy without inhibition, and tackle the resulting bursts of inflation with prices and incomes polices. It is a growth-crippling prospect. Pencil in the phoenix for around 2018, and welcome it when it comes.

Writing for The Free Thought Project, Jay Syrmopoulos points out:

[I]t must be noted that the creation of a global currency would give an inordinate amount of geopolitical capital to unelected international bankers, and subsequently take power away from the citizens of each nation and their respective governmental representatives….
Control over a nation’s money supply is, for all intents and purposes, the lifeblood of a state’s sovereignty – without this independence, the state only exists in name but is subservient to supranational powers whose interests lie outside of domestic and national political/economic concerns.
“Give me control of a nation’s money supply, and I care not who makes its laws,” said Mayer Amschel Rothschild, founder of the Rothschild banking dynasty.
Although the Rothschild family now generally keep a very low public profile, they still have significant business operations across a wide spectrum of sectors. While you may not find any one particular Rothschild on the Forbes’ most rich list, the family is estimated to control $1 trillion dollars in assets across the globe, thus having a strong voice across the geopolitical spectrum that many perceive as a hidden hand manipulating events silently from behind a veil of secrecy and silence.

Of course, since it is 2018, we now know that Jacob Rothschild’s prediction of 30 years ago did not come true, thanks to the Revolt of the Deplorables who, in 2016, elected a man named Donald Trump to the U.S. presidency, whose campaign promise is to “make America great again” by putting America’s national interests first, which got him eternal enmity from the globalists.
Trump did exactly that in the just-concluded G-7 Summit in Toronto, Canada, in which he fought for fairer trade agreements for the United States, instead of continue the massive trade imbalances and deficits of previous U.S. presidents — to howls from our supposed French, German and Canadian “allies”.

See “Trump won’t endorse G7 statement,” New York Post, June 9, 2018.

God bless President Trump, the wrench in the Rothschilds’ and other globalists’ machinations for a one-world government!

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~Eowyn

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'Midsomer Murders' actor exploits fame to bash Brexit

I no longer watch American TV shows because so many actors, directors and producers are far Left in their politics. I boycott them because I object to their politics and because, simply put, I cannot suspend my disbelief when I watch them on TV or in movies.
That’s why I subscribe to Acorn TV and BritBox because:

  1. Unlike Hollywood, many British actresses of a certain age don’t get botoxed and face-lifted beyond recognition.
  2. I don’t know the actors’ politics.

One of the British TV shows I’ve been streaming is the long-lasting, quite ridiculous (because of the high body-count) Midsomer Murders, which is into its 20th season with a new detective at its helm, DCI John Barnaby, played by an actor named Neil Dudgeon.

Alas, I can no longer watch Midsomer Murders, having just discovered that Neil Dudgeon is another arrogant actor who exploits his fame to spout his left-wing politics.
In a recent tweet, on April 6, 2018, Dudgeon equates Brexit with “handing over control to the far right,” and the 17,410,742 Brits who had voted for Brexit “the far right” who are political allies of the dastardly Steve Bannon and Breitbart.
In another tweet, on March 14, Dudgeon equated Brexit with being like North Korea:

“The only way to have ‘all’ your sovereignty is not to participate in the globalised world. Not to compromise or agree or join in. Like North Korea maybe. That’s clearly a roaring success. And it’s because they have ‘all’ their sovereignty!”

On March 15, Dudgeon retweeted an American’s tweet that referred to President Trump as “that idiot in office now”.
On March 9, Dudgeon retweeted some Brit’s tweet claiming that his tax statement shows that the cost to him of remaining in the EU is paltry — 50 pennies a week. Addressing the 17,410,742 Brits who had voted for Brexit, Dudgeon disdainfully writes:

“Saving 50p a week for all this shit. You are out of your minds.”

On March 2, Dudgeon retweeted a tweet attributing the UK’s problems to the Tories, instead of immigrants.
On February 23, Dudgeon tweeted that a women’s art group that does “profane” embroidery is “A really fine thing”:


After calling Brexit voters “the far right” who are “out of your minds” and who want the UK to be like North Korea, on January 27, Dudgeon sanctimoniously and without a trace of irony retweeted James Melville’s tweet that:

“The Holocaust didn’t begin in the gas chambers. It began with the words of hate. Words matter.”

I can go on with more examples from intolerant, hypocritical Neil Dudgeon’s Twitter feed, but you get the point.
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~Eowyn

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DOW drops 666 points after FISA memo release

Ever since Donald Trump assumed the presidency, the U.S. stock markets have been going gangbusters.
Just 16 days ago, on January 17, the Dow Jones industrial average surged more than 300 points to close above 26,000 for the first time in its 121-year history.
And yet yesterday, the Dow Jones industrial average plummeted 665.75 or 666 points to 25,520.96, the biggest one-day points drop in ten years, since Dec. 1, 2008 or the beginning of the Great Recession.

Kevin Dugan reports for the New York Post, Feb. 2, 2018, that “Stock markets had their worst day on Friday since the dawn of the Great Recession, as fears mounted that the Federal Reserve may be forced to act more aggressively to cool down an economy that’s heating up faster than investors expected.”
On a percentage basis, yesterday’s 2.5% drop in the Dow was the biggest since the day after the UK voted to exit the European Union — an event that sent markets in a free-fall the world over.
Prudential Financial chief market strategist Quincy Krosby said:

“We all know that many bull markets have ended by the Federal Reserve as they raise the rates to the point of slowing the economy down perhaps too much. It’s come on quickly and it caught the market off guard.”

Blah, blah, blah.
Krosby neglected, however, to inform you that yesterday, the Federal Reserve had met and decided AGAINST raising interest rates.
Dow’s steep fall yesterday was not a reaction to bad economic news. On the contrary, the U.S. had added 200,000 jobs in January, and wages rose 2.9%.
So what happened yesterday that could have triggered the largest stock market plunge in ten years?
The House Intelligence Committee’s release of the infamous FISA memo, which reveals how the Obama Administration, on the basis of an unverified “dossier” prepared by a former British spook known to be biased against Donald Trump, abused the Foreign Intelligence Surveillance Act to get a court warrant to conduct electronic surveillance on a Trump advisor. As some had intimated, the contents of the memo should lead to not just the firing of senior FBI-DOJ officials, but their imprisonment.

See “Full FISA Memo released!!!

So who engineered yesterday’s stock market plunge?
On January 3, 2017, responding to MSNBC’s Rachel Maddow‘s description of  Trump as “taking these shots, antagonisms, taunting the intelligence community,” Sen. Chuck Schumer (D-NY) said something quite ominous:

“Let me tell you, you take on the intelligence community, they have six ways from Sunday of getting back at you. So, even for a practical, supposedly hard-nosed businessman, he’s [Trump] being really dumb to do this.”


Two days later, on January 5, 2017, former Sen. Rand Paul observed that Schumer “is speaking the truth there — better watch out. I think Trump knows about it. That’s why he has private security.” Paul said Trump “will have problems achieving” reform of the intelligence agencies “because there’s so many obstacles and he won’t know who really represents the CIA unless he is well attuned to the deep state because the real orders and assassinations” are given to the CIA by the deep state.
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~Eowyn

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Richard Branson, billionaire Obama pal, accused of sexual assault

The Weinstein Effect continues.
Now it’s Richard Branson, 67, the English billionaire founder of the Virgin Group of more than 400 companies, including Virgin Atlantic airline.
Branson is pro European Union and anti Brexit. (See “Secret document kept truth about EU membership from Brits for 50 years“)
He is also a pal of Barack Obama, whom Branson invited for an extended holiday on his private Necker Island in the Caribbean after Obama (finally) left the White House. That was when this pic of gender-ambiguous Obama kite-surfing was taken.

James Beal, Simon Boyle and Chloe Mayer report for The Sun, Nov. 24, 2017, that singer Antonia Jenae, 44, said Sir Richard Branson “motorboated” her at an alcohol-fueled party in 2010 on the billionaire’s Necker Island — “burying his head” in her boobs and making a boat engine noise.
Jenae said Branson had been drinking but did not seem drunk, and that he also “begged” her to go topless.

Jenae, from Florida, is a backup singer in “superstar” Joss Stone‘s band, whom Branson invited to his home on Necker Island, which he’d bought when he was only 28 years old.

Jenae said:

“His behavior was disgusting. I feel like it was sexual assault. We were by the bar and he was saying bye to everyone. He came up to me and put his face in my breasts. He went ‘brrrrrr’ and just walked away. It was surreal, totally out of the blue. Joss and I were like, ‘What the hell was that?!’ Everyone was wondering why I wasn’t angry because I’m usually a firebrand. But I was just too shocked.
We’d spent the day chilling out, touring the island. We had lunch and dinner. We were in the pool and there was a big, beautiful statue of a goddess there with her boobs out. Richard Branson tried to get me to show him my boobs and I said: ‘No!’ I was wearing a one-piece swimsuit and at the time I was very heavy chested.”

Branson’s behavior was seen by Joss and other stunned onlookers. Jenae said she and Joss recorded a video shortly after to capture their astonishment. According to The Sun, “a source” confirmed that Joss remembers the incident.
Representatives of Branson released a statement denying any wrongdoing:

“Everyone appeared to enjoy their time on the island. Richard has no recollection of this matter and neither do his family and friends, who were with him on the island at the time. There would never have been any intention to offend or make anyone feel uncomfortable in any way and Richard apologises if anyone felt that way during their time on the island.”

Jenae says she is now speaking out following the Hollywood sex scandal because “This needs to stop. I want everyone else to know what Richard Branson did. I don’t want him to do this to anyone else. He is a man in a powerful position.”

In a CNN interview in October 2016, Branson said he’s terrified of the thought of Donald Trump becoming president of the United States because of “how dangerous it was to have somebody so vindictive in the White House,” and that he felt no choice but to speak out to “let people who believe that Trump is wonderful know that there is a side to Trump that is dangerous and rather unpleasant and certainly unforgiving.”
Branson also said “I don’t think he’s a great businessman” and that Trump’s “unpredictability would unsettle the markets”.
Below is an August 2017 Bloomberg graph showing the number of market highs divided by the number of years each president was in office (in Trump’s case, 0.53 years so far), ranked from highest to lowest:

~Eowyn

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Secret document kept truth about EU membership from Brits for 50 years

For 50 years, the British people were not told the truth of what their country’s membership in the European Community actually entails.
That’s the explicit instruction in a document known as FCO30/1048, dated April 1971, which had been locked away as “classified” under UK’s Official Secrets Act for almost 50 years, but is now declassified under the 30-year rule.
The document instructed the UK government to keep the British public in the dark about what membership in the European Economic Community (EEC) means, and predicted that by the time voters realize what was happening in about 30 years, it would be too late for the UK to leave.

Note: The European Economic Community (EEC), aka European Common Market, was the precursor to and renamed the European Union (EU) in 2009.

Lara Deauville reports for The Express, Nov. 24, 2017, that document FCO30/1048, authored by an unnamed senior civil servant, was prepared for Tory Prime Minister Edward Heath‘s Foreign and Commonwealth Office (FCO).
Shockingly, almost all of FCO30/1048‘s predictions have come true — from the loss of British sovereignty, to economic-monetary-fiscal union with a common foreign and defense policy, and the over-arching powers of European courts.
FCO30/1048‘s author predicted that “Community law” would take precedence over British courts; that ever more power would pass away from the British Parliament to the European administrative center in Brussels, Belgium; and that the increased role of Brussels in the lives of the British people would lead to a “popular feeling of alienation from Government”.
In effect, EEC/EU membership was the greatest surrender of Britain’s national sovereignty since the Norman conquest of England in 1066.
FCO30/1048 instructed UK politicians “not to exacerbate public concern by attributing unpopular measures… to the remote and unmanageable workings of the Community,” and to preserve the impression that London was still calling the shots rather than an unelected body of foreign politicians. The document also correctly predicted the ruse would last “for this century at least” – by which time Britain would be so completely chained to Brussels it would be impossible to leave.
Christopher Booker, a writer and journalist who is a founder of the satirical magazine Private Eye, said about the author of the insidious document FCO30/1048:

“Here was a civil servant advising that our politicians should connive in concealing what Heath was letting us in for, not least in hiding the extent to which Britain would no longer be a democratic country but one essentially governed by unelected and unaccountable officials. One way to create an illusion that this system was still democratic, this anonymous mandarin suggested, would be to give people the chance to vote for new representatives at European, regional and local levels. A few years later, we saw the creation of an elected European Parliament – as we see today a craze for introducing elected mayors, as meaningless local figureheads.”

Annabelle Sanderson, a Brexit expert and former advisor to Nigel Farage, the leader of the UK Independence Party (UKIP) from  2006 to 2009 and again from 2010 to 2016, said:

“Despite all the claims from politicians of many parties that the EU was not about becoming a central state this 1971 document shows that is exactly what the plan was. Arch Remoaners from Labour, Lib Dems and the Tories need to check this out and ask themselves why they are MPs if they don’t actually want Westminster to be in charge of this country. We voted for Brexit what needs to happen is a proper clean break from Brussels so we can once again become a sovereign nation with money being spent in this country on services we need and have Parliament and courts making and ruling on the laws.”

Born into a lower middle-class family, life-long bachelor Edward Heath was leader of the Conservative Party from 1965 to 1975, and became Sir Edward Heath in 1992.

In 2015, ten years after his death at age 89 in 2005, Heath was named in several police investigations into historical child sex abuse and satanic ritual abuse. Detectives said if he were alive, Heath would have been interviewed “under caution” in relation to seven out of 42 allegations, including the alleged rape of an 11-year-old, but that nothing should be inferred about his guilt or innocence.

Document FCO30/1048 in PDF format can be downloaded here.
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~Eowyn

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28% of Brits think Jesus to be extremist

Jesus the “extremist”


 Wojciech Zdrojkowski reports for Breitbart that according to a July 2017 poll of over 2000 British adults on whether they considered certain figures to be extreme, 28% (more than one in four) of UK residents considered Jesus an extremist.
Dr. David Landrum, director of advocacy for the Evangelical Alliance, said that “The poll shows the scale of moral confusion in our society with the public having no way of deciding whether something is extreme or not.”
The poll’s other findings lend credence to Landrum’s interpretation that Brits are morally confused:

  • 25% thought Dr. Martin Luther King Jr. was an extremist.
  • 20% thought the same of Mahatma Gandhi.
  • 36% thought it was extreme for the UK to leave the EU (Brexit), while 30% thought it extreme if the UK were to remain in the EU.
  • 41% found it extreme to believe marriage should be between a man and a woman.
  • 37% didn’t think it was extreme for children not to be assigned a gender at birth.

It’s not just ordinary Brits who are confused, a parliamentary report last year found that UK government ministers also “struggled to define extremism” and that “it was far from clear that there is an accepted definition of what constitutes extremism, let alone what legal powers there should be, if any, to combat it.”
In June 2017, Prime Minister Theresa May announced plans to set up a Commission for Countering Extremism because “There has been far too much tolerance of extremism in our country over many years – and that means extremism of any kind, including Islamophobia. This is why this government will act to stamp out extremism and hateful ideology, both across society and on the internet.”
Landrum fears the widespread confusion about the definition of extremism can create problems when trying to deal with it. He advises:

“Detached from terrorism and incitement to violence, extremism does not work as a litmus test for judging peaceful beliefs and opinions. Indeed, the government have tried and failed over the last two years to define extremism without any precision and this poll shows that the public share that confusion.
It therefore seems unlikely that a newly established quango, such as extremism commission, will solve such problems. It is not wise to foster a society where volatile public opinion can be used to determine what might be extreme or acceptable views.”

Meanwhile, TruNews tells us that another survey conducted by Premier Christian Communications of more than 12,000 “ordinary” UK Christians found that more than 90% of Christians in the UK believe their faith is being marginalized and not given the same respect as other religions in the UK.
~Eowyn

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Angela Merkel says Europe must take more refugees and Islam 'isn't source of terror'

merkel muslim
Earlier this month, Angela Merkel stated that Germany will offer cash handouts worth millions of pounds for migrants to leave Germany in an effort to silence criticism of her ‘open-door’ border policy. Now this? Proggies…they can never be consistent.
From Daily Star UK: The embattled leader says Europe has an obligation to take displaced people from Syria and Iraq. 
She also said Islam “is not the cause of terrorism” and that combatting extremism needs the cooperation of Muslim countries.
In a wide-ranging speech at a Munich security conference, the German chief also vowed to work closely with Vladimir Putin’s Russia in the fight with ISIS in the Middle East.
Mrs. Merkel has come under fire for taking in up to one million refugees amid security concerns and a string of migrant sex attacks across Germany.
After the Berlin lorry attack at a Christmas market in December, ex-UKIP leader Nigel Farage said events such as that will be “Merkel’s legacy”.
Mrs. Merkel had been a strong critic of Brexit, saying she had “deep regrets” about it. She will go to the polls in September against Social Democrat candidate Martin Schulz, the former European Parliament President.
On Putin, she said Europe’s ties with Russia remained challenging, but it was important to work with them in the fight against Islamist terrorism. She said: “The joint fight against Islamic terrorism is one area where we have the same interests and we can work together.”
Her comments about Islam and refugees follow her criticism of Donald Trump’s travel ban on people from seven Muslim-majority countries.
New US Vice-President Mike Pence was in the audience and reaffirmed the US’ commitment to NATO in a speech of his own.
Germany is under increasing pressure to increase military spending, would do “everything possible” meet a NATO target for spending two percent of economic output on defence by 2024, Merkel told the conference.
Only last week, a student was dragged into woods and raped by a migrant who spoke no English near the campus of Bochum University.
DCG

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Britain needs one new home every five minutes to house booming migrant population

migrants-with-selfie-stick

These young men are going to need new homes…new selfies!


From Daily Mail: Almost half of new homes built in the next five years will go to migrants, government figures have revealed.  Soaring immigration means that Britain will need to accommodate as many as 243,000 new households each year for the next 22 years, the Department for Communities and Local Government has said.
It is been estimated that an extra 5.3 million new properties could be needed to meet the growth in population, and an extra 2.4 million of the new homes will be needed for migrants alone. This means that one new home needs to be built every five minutes to house Britain’s burgeoning migrant population. 
Integration minister Nicholas Bourne told peers that an 109,000 extra homes will be needed every year by migrants and their families as Britain’s population grows. ‘Net ­migration accounts for an estimated 45 per cent of this growth,’ he said.
The figures were published last week in response to a question by Lord Green of Deddington, the chairman of think tank Migration Watch.  The group claims that as a conservative estimate, 300 homes a day will need to be built each day just to house the new arrivals, the Sunday Express reports.
Addressing the House of Lords, Lord Green said: ‘To put the point slightly more dramatically, that would mean building a new home every five minutes night and day, for new arrivals until such a time as we can get those numbers down. I know there is a strong view in the House that there is a lot to be said for migration. All I am pointing out is that there are also costs.’
However, the estimates are based on projections of popular growth from 2014, which does not take into account Britain’s decision to leave the European Union, which is expected to reduce net migration by ending free movement.
But Migration Watch claims that the most recent projections are lower than actual net migration numbers, meaning housing demand from migrants has been underplayed.
It was also revealed that new immigration controls will have to be phased in after Brexit takes place raising fears it could take years for the number of new arrivals to fall. 
DCG

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Tony Blair sees dangerous times ahead for Western democracies

tony-blair
From USA Today: Former British prime minister Tony Blair warns that political upheaval from Great Britain’s Brexit vote in June to the collapse of the Italian government on Sunday signals the most dangerous time for Western democracies in decades.
“It does feel perilous, actually, because I think there are decisions that are being taken of vast moment in circumstances where systems are fragile,” he told Capital Download on Monday. “And that is troubling.”
It has been a year of unexpected victories by populist and nationalistic forces that are challenging the establishment: passage of the referendum pulling Britain from the European Union, the election of Donald Trump as president in the United States, defeat of a measure in Italy that prompted the prime minister to announce his resignation. And in the Austrian election Sunday, the candidate representing the party founded by former Nazis lost — but after commanding 46% of the vote.

Michael Bloomberg at a No Labels conference...you know he's not bipartisan.

Michael Bloomberg at a No Labels conference…you know he’s not bipartisan.


Blair, who was in Washington to address a conference sponsored by the bipartisan group No Labels, announced last week the launch of a new organization that will try to help build a more muscular policy agenda for centrists and encourage networking among them across Europe, in the United States and elsewhere. Given the rise of extreme voices on the left and right, he said, “I’m not sure we’re asking the right questions right now, never mind giving the right answers.”
Of particular concern to him is a “longing” for an authoritarian leader.
Dog eyeroll
“It’s amazing how many people you will find who will reference a style of leadership of (Russian) President Putin in a positive way,” he told USA TODAY’s weekly video newsmaker series. “I think people want their country moving and they think that if the present system is not moving it, and not making the changes that they want to see, then maybe someone who just says, ‘I don’t care what anyone thinks; I’m just going to go for it, and this is what I’m going to do’ — that has a certain attraction.
“If the center isn’t a place of strength and vitality, and it looks kind of flabby and just managing the status quo, then you’re at risk of someone coming along and doing that.”
In his speech to the No Labels conference, he faulted some centrist political leaders for failing to do enough to improve the economic prospects for workers disrupted by globalization and to ensure a sense of personal safety at a time, for instance, that Great Britain and other European countries have absorbed a wave of immigrants from Syria. “People will only put aside prejudices if they think there are rules,” he said.
Blair sees a common thread from Brexit’s passage to Trump’s election to support for Philippine President Rodrigo Duterte, a provocative figure whose anti-drug campaign is blamed for thousands of deaths.
“There is immense amount of anger at established ways of doing things,” Blair said. “There is, I think, a whole group of people who feel ignored by those in power, that is for sure true. There is more anger around in politics than for a long time.” While issues such as immigration aren’t new, there is “much greater skepticism towards globalization and the benefits of it.”
What’s more, “social media is a revolutionary phenomenon,” he went on. “It changes the way politics works. It changes the way the media works. If we’re not careful, it locks people into conversations with people who just agree with them, and who then have a general conspiracy-theory view of the rest of the world.
liberal media bias
Blair has never met Trump and didn’t criticize him. Asked about whether it was wise for Trump to accept a congratulatory telephone call from the president of Taiwan — the sort of conversation every American president since 1979 deliberately has avoided — Blair demurred. “I’m not going to get into your politics,” he began. “To be honest, in the end, I’ll tell you what I really think: Let’s see how it works out.”
“I’m less worried about America than I am about Europe; I’ll be very frank with you,” he said. “America is such a strong country and you’ve got so many checks-and-balances and you’ve got such resilience in your economy and so on; you guys will do fine, I’m sure. In Europe, we have systems that are at a point of fragility that troubles me.
Blair was just 54 years old when he moved out of 10 Downing Street after serving as prime minister from 1997 to 2007. His political appeal for a “new way” was akin to President Bill Clinton’s “third way” for Democrats here, and he was a crucial ally for President George W. Bush during the Iraq War.
Now he offers a bit of free advice for President Obama, who will move out the White House next month at age 55: Find a cause.
Don't worry Tony, Obama's found a cause. The same one he's been working on for the past eight years!

Don’t worry Tony, Obama’s found a cause…he’s been working on it for the past eight years!


“When you’ve got young political leaders and then they leave office young, you’ve got to find something that really motivates you,” he said. “The reason I spent so much time on the Middle East is that I’m deeply motivated by it. But you’ve got to find something that gets you up in the morning with the same sense of purpose and excitement as happened when you were prime minister or president.”
DCG

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The Fruits of Globalization: Income for 81% of U.S. households flat or declined 2005-2014

An article in the latest edition of The Economist, titled “The new political divide,” correctly points out that what we saw in the recently-concluded Democratic National Convention and the Republican counterpart a week before is “a new political faultline: not between left and right, but between open and closed” — nationalist vs. globalist.
That same faultline is also found across Europe:

“Across Europe, the politicians with momentum are those who argue that the world is a nasty, threatening place, and that wise nations should build walls to keep it out. Such arguments have helped elect an ultranationalist government in Hungary and a Polish one that offers a Trumpian mix of xenophobia and disregard for constitutional norms. Populist, authoritarian European parties of the right or left now enjoy nearly twice as much support as they did in 2000, and are in government or in a ruling coalition in nine countries. So far, Britain’s decision to leave the European Union has been the anti-globalists’ biggest prize: the vote in June to abandon the world’s most successful free-trade club was won by cynically pandering to voters’ insular instincts, splitting mainstream parties down the middle.”

The article does not identify its author, which means it is an Economist editorial. From the editor’s choice of words — “open” vs. “closed” — you should have detected the magazine’s bias in favor of globalism, made more evident by the unnamed author calling Donald Trump’s Americanism “xenophobic” “anti-trade tirades,” and European political parties that champion national interests “ultranationalist” — a term used for fascist and Nazi movements.
Indeed, the article’s unnamed author makes clear his bias in favor of globalization, condescendingly lecturing to the readers that they must “Start by remembering what is at stake” — that globalization “has underpinned global prosperity for seven decades” and that “A world of wall-builders would be poorer and more dangerous.”
But is it really true that globalization — NAFTA, North American Union, open immigration, welcoming of refugees — has resulted in prosperity?
A recent report from McKensey Global Institute, the business and economics research arm of McKinsey & Company, says otherwise.

The report, “Poorer than their parents? A new perspective on income inequality,” by Richard Dobbs, et al., July 2016, found that instead of prosperity, the real incomes of most (65-70%) households in advanced economies like the United States had actually fallen or, at best, stayed flat in the years 2005 to 2014 — a decided contrast from the preceding period 1993-2005, when 98% of households in 25 advanced economies had seen real incomes rise.

As the bar-graph below shows, the situation in the U.S. is even worse. A whopping 81% of U.S. households’ real incomes fell or remained flat from 2005 to 2014.

% of households with flat or lower income 2005-2014

Here are the report’s other findings about those 25 advanced economies:

  • Between 2005 and 2014, the real incomes of more than 540 million people in 25 advanced economies were flat or declined.
  • The hardest hit are young, less-educated workers, which raises “the spectre of a generation growing up poorer than their parents.”
  • “While the recession and slow recovery after the 2008 global financial crisis were a significant contributor to this lack of income advancement, other long-run factors played a role—and will continue to do so,” including demographic trends of aging and shrinking household sizes.

The report warns that “Without action, this phenomenon could have corrosive economic and social consequences.” A survey conducted as part of the McKinsey Global Institute research found that a “significant number” of those whose incomes have not been advancing are losing faith in aspects of the global economic system. Nearly one-third of these people said they think their children will also advance more slowly in the future, and they expressed negative opinions about free trade and immigration.
Even worse, the report expects the situation to worsen, instead of improve:

“If the low economic growth of the past decade continues, the proportion of households in income segments with flat or falling incomes could rise as high as 70 to 80 percent over the next decade.

The report warns that even if the advanced economies see accelerated growth, leading to a 10-20% reduction in the number of low-income households, “the issue will not go away” because of robots — “a rapid uptake of workplace automation.”
The McKinsey Global Initiative report puts the lie to The Economist‘s crowing that globalization leads to prosperity. Globalization has benefited less-developed countries and multinational corporations at the expense of the middle and lower classes of the developed economies of the U.S. and Europe.
Lastly, if you’re a blue-collar worker or ex-worker, Hillary Clinton is the last person you should support, notwithstanding the labor unions’ fealty to her. Not only is she a Goldman Sachs whore, the just-concluded Democratic National Convention was dominated by big corporate lobbyists. In the words of Politico‘s Ben White:

Hordes of industry executives will descend on the city to celebrate Hillary Clinton’s nomination for president and renew close associations….
Goldman Sachs, which paid Clinton millions for private speeches, will be well represented in Philadelphia with executives Jake Siewert, a former Bill Clinton press secretary, making the trip along with Steven Barg, Michael Paese, Joyce Brayboy and Jennifer Scully, who was a major fundraiser for Bill Clinton in New York in 1992.
Blackstone, one of the nation’s largest private equity firms, will hold an official reception in Philadelphia on Thursday featuring its president, Tony James, sometimes mentioned as a possible Treasury secretary in a Clinton administration.
Hedge fund managers and top Democratic donors including Avenue Capital’s Marc Lasry and Boston Provident’s Orin Kramer will also be on the scene, as will Morgan Stanley executive and former top Clinton aide Tom Nides. Executives from Citigroup, JPMorgan Chase and other large banks will also prowl the streets and barrooms of Philadelphia….
Republicans with ties to the financial industry will also be there, a sharp contrast to Donald Trump’s convention in Cleveland, which Wall Street largely shunned over fears of the GOP nominee’s populist agenda on trade, immigration and Wall Street reform.

See also:

H/t FOTM’s josephbc69
~Eowyn

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