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Octafish

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What is Neoliberalism?



What is Neoliberalism?

A Brief Definition for Activists


by Elizabeth Martinez and Arnoldo Garcia, National Network for Immigrant and Refugee Rights
CorpWatch

"Neo-liberalism" is a set of economic policies that have become widespread during the last 25 years or so. Although the word is rarely heard in the United States, you can clearly see the effects of neo-liberalism here as the rich grow richer and the poor grow poorer.

SNIP...

The main points of neo-liberalism include:

1. THE RULE OF THE MARKET. Liberating "free" enterprise or private enterprise from any bonds imposed by the government (the state) no matter how much social damage this causes. Greater openness to international trade and investment, as in NAFTA. Reduce wages by de-unionizing workers and eliminating workers' rights that had been won over many years of struggle. No more price controls. All in all, total freedom of movement for capital, goods and services. To convince us this is good for us, they say "an unregulated market is the best way to increase economic growth, which will ultimately benefit everyone." It's like Reagan's "supply-side" and "trickle-down" economics -- but somehow the wealth didn't trickle down very much.

2. CUTTING PUBLIC EXPENDITURE FOR SOCIAL SERVICES like education and health care. REDUCING THE SAFETY-NET FOR THE POOR, and even maintenance of roads, bridges, water supply -- again in the name of reducing government's role. Of course, they don't oppose government subsidies and tax benefits for business.

3. DEREGULATION. Reduce government regulation of everything that could diminsh profits, including protecting the environmentand safety on the job.

4. PRIVATIZATION. Sell state-owned enterprises, goods and services to private investors. This includes banks, key industries, railroads, toll highways, electricity, schools, hospitals and even fresh water. Although usually done in the name of greater efficiency, which is often needed, privatization has mainly had the effect of concentrating wealth even more in a few hands and making the public pay even more for its needs.

5. ELIMINATING THE CONCEPT OF "THE PUBLIC GOOD" or "COMMUNITY" and replacing it with "individual responsibility." Pressuring the poorest people in a society to find solutions to their lack of health care, education and social security all by themselves -- then blaming them, if they fail, as "lazy."


Around the world, neo-liberalism has been imposed by powerful financial institutions like the International Monetary Fund (IMF), the World Bank and the Inter-American Development Bank. It is raging all over Latin America. The first clear example of neo-liberalism at work came in Chile (with thanks to University of Chicago economist Milton Friedman), after the CIA-supported coup against the popularly elected Allende regime in 1973. Other countries followed, with some of the worst effects in Mexico where wages declined 40 to 50% in the first year of NAFTA while the cost of living rose by 80%. Over 20,000 small and medium businesses have failed and more than 1,000 state-owned enterprises have been privatized in Mexico. As one scholar said, "Neoliberalism means the neo-colonization of Latin America."

In the United States neo-liberalism is destroying welfare programs; attacking the rights of labor (including all immigrant workers); and cutbacking social programs. The Republican "Contract" on America is pure neo-liberalism. Its supporters are working hard to deny protection to children, youth, women, the planet itself -- and trying to trick us into acceptance by saying this will "get government off my back." The beneficiaries of neo-liberalism are a minority of the world's people. For the vast majority it brings even more suffering than before: suffering without the small, hard-won gains of the last 60 years, suffering without end.

SOURCE: http://www.corpwatch.org/article.php?id=376


CorpWatch is good. Real good.

About that image: http://www.softpanorama.org/Skeptics/Political_skeptic/Neoliberalism/index.shtml

Seeing how the People caught on to "Trickle Down" and "Supply Side" as the same scam, they figured out something new to occupy the media radar. So, on one side neo-liberalism and on the other neo-conservativism. As neither really is an extension of liberalism or conservatism, as previously defined by "freedom" and "tradition," they were punching up keywords deep within the psyche -- concepts previously having to do with economic justice now transformed into everything to do with economics for "just us."

William K Black explains what we need to do:

Deprogramming Progressives Indoctrinated into Supporting Austerity

Not as dishonest as your post.

Guy's entire adult life has been lived in service of humanity and the advance of civilization.

Contrast that with working for Walmart to bust unions and go global.

It's been ''Money trumps peace'' since the Ayatollah gave Reagan a major for the Hostages.

Jimmy Carter was done in by the Safari Club -- the friends of Bush and Casey.



From...

The State, the Deep State, and the Wall Street Overworld

By Prof Peter Dale Scott
Global Research, March 10, 2014
The Asia-Pacific Journal, Volume 12, Issue 10, No. 5

EXCERPT...

The Safari Club Milieu: George H.W. Bush, Theodore Shackley, and BCCI

The usual account of this super-agency’s origin is that it was

the brainchild of Count Alexandre de Marenches, the debonair and mustachioed chief of France’s CIA. The SDECE (Service de Documentation Extérieure et de Contre-Espionnage)…. Worried by Soviet and Cuban advances in postcolonial Africa, and by America’s post-Watergate paralysis in the field of undercover activity, the swashbuckling Marenches had come to Turki’s father, King Faisal, with a proposition…. Somali president Siad Barre had been bribed out of Soviet embrace by $75 million worth of Egyptian arms (paid for… by Saudi Arabia)….95

Joseph Trento adds that “The Safari Club needed a network of banks to finance its intelligence operations,… With the official blessing of George Bush as the head of the CIA, Adham transformed… the Bank of Credit and Commerce International (BCCI), into a worldwide money-laundering machine.”.96

Trento claims also that the Safari Club then was able to work with some of the controversial CIA operators who were then forced out of the CIA by Turner, and that this was coordinated by perhaps the most controversial of them all: Theodore Shackley.

Shackley, who still had ambitions to become DCI, believed that without his many sources and operatives like Wilson, the Safari Club—operating with Helms in charge in Tehran—would be ineffective. … Unless Shackley took direct action to complete the privatization of intelligence operations soon, the Safari Club would not have a conduit to resources. The solution: create a totally private intelligence network using CIA assets until President Carter could be replaced.97

Kevin Phillips has suggested that Bush on leaving the CIA had dealings with the bank most closely allied with Safari Club operations: the Bank of Credit and Commerce International (BCCI). In Phillips’ words,

After leaving the CIA in January 1977, Bush became chairman of the executive committee of First International Bancshares and its British subsidiary, where, according to journalists Peter Truell and Larry Gurwin in their 1992 book ‘False Profits’ , Bush ‘traveled on the bank’s behalf and sometimes marketed to international banks in London, including several Middle Eastern institutions.

Joseph Trento adds that through the London branch of this bank, which Bush chaired, “Adham’s petrodollars and BCCI money flowed for a variety of intelligence operations”99

It is clear moreover that BCCI operations, like Khashoggi’s before them, were marked by the ability to deal behind the scenes with both the Arab countries and also Israel.100

It is clear that for years the American deep state in Washington was both involved with and protected BCCI. Acting CIA director Richard Kerr acknowledged to a Senate Committee “that the CIA had also used BCCI for certain intelligence-gathering operations.”101

Later, a congressional inquiry showed that for more than ten years preceding the BCCI collapse in the summer of 1991, the FBI, the DEA, the CIA, the Customs Service, and the Department of Justice all failed to act on hundreds of tips about the illegalities of BCCI’s international activities.102

Far less clear is the attitude taken by Wall Street banks towards the miscreant BCCI. The Senate report on BCCI charged however that the Bank of England “had withheld information about BCCI’s frauds from public knowledge for 15 months before closing the bank.”103

CONTINUED...

http://www.globalresearch.ca/the-state-the-deep-state-and-the-wall-street-overworld/5372843



36 years of non-stop wars without end for profits without cease. It's time for peace.

Bill Clinton, the Lippo Group, and Jackson Stephens of Little Rock, Arkansas (5th Version) 1999

Anyone remember Mark Lombardi? We used to talk about him on DU. Here's one of his works, based on social network diagrams and turned into what he called "Narrative Structures."



Bill Clinton, the Lippo Group, and Jackson Stephens of Little Rock,Arkansas (5th Version) 1999
Colored pencil and graphite on paper by Mark Lombardi

SOURCE: http://www.pierogi2000.com/2011/03/mark-lombardi-at-pierogi/lombardibillclintonlippo5/

MORE: http://www.flashpointmag.com/mlpic.htm

BACKGROUND: BCCI IN THE UNITED STATES

Propaganda Nothingburger

UBS

http://www.democraticunderground.com/12511768396

How the CIA Writes History (Jefferson Morley)

An important story you won't see mentioned at all on or in Corporate Owned News.





HOW THE CIA WRITES HISTORY

Jefferson Morley
The Intercept, Apr. 25 2016

Last summer I paid a visit to Georgetown University’s Lauinger Library as part of my research on legendary CIA counterspy James Jesus Angleton. I went there to investigate Angleton’s famous mole hunt, one of the least flattering episodes of his eventful career. By the early 1960s, Angleton was convinced the KGB had managed to insert a penetration agent high in the ranks of the CIA.

In researching and writing a biography of Angleton, I constantly confront a conundrum: Was the man utterly brilliant? Or completely nuts?

Angleton is one of America’s archetypal spies. He was the model for Harlot in Harlot’s Ghost, Norman Mailer’s epic of the CIA, a brooding Cold War spirit hovering over a story of corrupted idealism. In Robert De Niro’s cinematic telling of the tale, The Good Shepherd, the Angletonian character was a promising product of the system who loses his way in the moral labyrinth of secret intelligence operations.

In real life, Jim Angleton was a formidable intellectual and canny bureaucrat who helped shape the ethos of the Central Intelligence Agency we have today. His doctrine of counterintelligence was widely influential, not only in the CIA but in the intelligence services of all the English-speaking countries. He pioneered pre-digital techniques of mass surveillance via an illicit mail-opening program called LINGUAL. He fed the intel to J. Edgar Hoover’s COINTELPRO operatives at the FBI who used it to harass, disrupt, and discredit leftist, antiwar, and civil rights groups from the 1950s to the 1970s. His close liaison with the Mossad in the 1950s and 1960s helped forge a wide-ranging U.S.-Israel strategic relationship that has been central to U.S. foreign policy ever since.

Like them or not, his accomplishments were large. So were his mistakes.

CONTINUED...

https://theintercept.com/2016/04/25/how-the-cia-writes-history/


Jefferson Morley is TOPS in every way as a researcher, reporter, author, and defender of Democracy. I'm proud to say I've met him and shook his hand.

Until Vietnam, I didn't believe people could sacrifice their integrity.



Brown & Root co-founder George Brown (left) with President Lyndon B. Johnson. LBJ's ties to the Brown brothers dated back to his days as a Texas congressman.
From 'Builders'/ © Texas A&M University Press


Halliburton Deals Recall Vietnam-Era Controversy

Cheney's Ties to Company Reminiscent of LBJ's Relationships

http://www.npr.org/templates/story/story.php?storyId=1569483


Now, it's what Levi Walking Bear said: "Grab all you can, any time you can."

I do. They are a record of Imperial Crime.



Libya has oil.

The Hillary Clinton emails: A record of imperialist crimes

By Tom Hall
World Socialist Web Site, 7 March 2016

EXCERPT...

A review of even a small sampling of the emails, which are available on the State Department’s web site, reveals the reason why: the emails are a damning indictment of the criminal activities of not only Hillary Clinton herself, but the entire imperialist state apparatus, with the corporate-controlled media in tow. The emails could easily serve as evidence in future war crimes trials of Clinton and other top US officials.

SNIP...

Hundreds more emails deal with the US-led proxy war in Libya, in which Clinton played a leading role. As a recent series of articles in the New York Times confirmed, Clinton was the leading advocate in the White House for the clandestine arming of “rebel” militias comprised largely of Islamic fundamentalists, which comprised the main fighting force against the regime of Muammar Gaddafi.

One email from February 2011, written by a veteran diplomat before the launching of the US-NATO war that ended with the murder of Gaddafi, lays out proposals for the construction of a future “post-Gaddafi” political order in Libya. The memo recommends the use of the United Nations to lend political legitimacy to the imperialist carve-up of the country.

“A UN ‘hat’ for multinational/international assistance efforts could be effective,” the author states bluntly. However, the extensive involvement of Italy, whose participation in the war marked a return to the scene of its bloody colonial occupation, should, the author recommends, be “kept relatively low-profile.” Another email chain discusses how to disburse the tens of billions of dollars of frozen Libyan assets stolen by the imperialist powers during the regime-change operation.

SNIP...

Dozens of emails document the collusion between the corporate-controlled media and the State Department in containing the fallout from the release of US diplomatic cables by Wikileaks. In one 2010 exchange, Washington Post writer Craig Whitlock reaches out to the State Department to request “a mechanism to receive State input” before running a series of articles based on cables revealing the existence of a secret US drone base in the Seychelles Islands, off the coast of Somalia.

CONTINUED...

https://www.wsws.org/en/articles/2016/03/07/clin-m07.html


Lots of oil.



"Libya has some of the biggest and most proven oil reserves — 43.6 billion barrels — outside Saudi Arabia, and some of the best drilling prospects."

http://www.medialens.org/index.php/component/acymailing/archive/view/listid-3-alerts-precis/mailid-74-three-little-words-wikileaks-libya-oil.html



Mohammad Gaddafi shared the oil wealth with the Libyan people, not just the one-percent Wall Street types.



For over four decades, Gaddafi promoted economic democracy and used the nationalized oil wealth to sustain progressive social welfare programs for all Libyans. Under Gaddafi’s rule, Libyans enjoyed not only free health-care and free education, but also free electricity and interest-free loans. Now thanks to NATO’s intervention the health-care sector is on the verge of collapse as thousands of Filipino health workers flee the country, institutions of higher education across the East of the country are shut down, and black outs are a common occurrence in once thriving Tripoli.

-- http://www.globalresearch.ca/libya-from-africas-wealthiest-democracy-under-gaddafi-to-us-nato-sponsored-terrorist-haven/5482974


While little reported in the USA, Libya's former leader also used the wealth to better life throughout the poorest nations of Africa.

''War on Libya is War on Entire Africa.''

In 2010 Gaddafi offered to invest $97 billion in Africa to free it from Western influence, on condition that African states rid themselves of corruption and nepotism. Gaddafi always dreamed of a Developed, United Africa and was about to make that dream come true - and nothing is more terrifying to the West than a Developed, United Africa.
-- http://www.reunionblackfamily.com/apps/blog/show/7869956-war-on-libya-is-war-on-entire-africa-



And that is why you should care about the emails, too. They show Wall Street-on-the-Potomac prefers to do business with those it can relate to: greedy types.

Who's asinine?

You, who wrote this:

YOU GUYS yell all the livelong day about offshore tax havens. She busts up an offshore tax haven, and you have a snit. No one has ever been able to do that before, but it's not good enough for you. Sanders would NEVER be able to do that, and you can't even see it. All those things you SAY you want? THIS IS HOW YOU DO THEM!!!

When an offshore tax haven is in Switzerland, you kinda need to go to Switzerland to open it up. And as for it being secret, would you like a text before they go after the next offshore tax haven? Should they start a thread in DU that says, "Hey Octafish, we're going after the Bermudan offshore accounts, give a thumbs up if you approve?"

Your whole post is ridiculous.

And here's the thing. There are more of "we the people" (I thought only crappy militias talked like that till I met Sanders supporters) who back Hillary than there are of "we the people" who back Sanders. THAT is called Democracy.


Or me, who wrote this in Feb. 28, 2008:

Know your BFEE: They Looted Your Nation’s S&Ls for Power and Profit

Then, after the Bankstershitstorm in September 21, 2008, I wrote how those who looted the banks should put it back:

Know your BFEE: Phil Gramm, the Meyer Lansky of the War Party, Set-Up the Biggest Bank Heist Ever.

What's weird is how, rather than the jail cell he so richly deserved, Phil Gramm ended up as Vice Chairman of UBS -- the Swiss Bank that received about $59 Billion with a Billion in TARP funds -- from where Gramm hired Bill Clinton, who signed into law the repeal of Glass Steagall. Since then, they've also brought in George W Bush to specialize in Wealth Management:

http://financialservicesinc.ubs.com/revitalizingamerica/SenatorPhilGramm.html

Seeing how you prefer to tell the world how stupid I am for pointing that out on DU, I see you can't really argue my point: The facts regarding UBS show that Bill and Hillary Clinton were paid millions by UBS, a Swiss bank that profited from official actions by Bill and Hillary Clinton.

It's a great way to do good and make a buck at the same time. Ask Frank Giustra and George W Bush.

From his association with a former president, Frank got a great deal in Kazakhstan:

After Mining Deal, Financier Donated to Clinton

By JO BECKER and DON VAN NATTA Jr.
The New York Times, JAN. 31, 2008

EXCERPT...

Upon landing on the first stop of a three-country philanthropic tour, the two men were whisked off to share a sumptuous midnight banquet with Kazakhstan’s president, Nursultan A. Nazarbayev, whose 19-year stranglehold on the country has all but quashed political dissent.

Mr. Nazarbayev walked away from the table with a propaganda coup, after Mr. Clinton expressed enthusiastic support for the Kazakh leader’s bid to head an international organization that monitors elections and supports democracy. Mr. Clinton’s public declaration undercut both American foreign policy and sharp criticism of Kazakhstan’s poor human rights record by, among others, Mr. Clinton’s wife, Senator Hillary Rodham Clinton of New York.

Within two days, corporate records show that Mr. Giustra also came up a winner when his company signed preliminary agreements giving it the right to buy into three uranium projects controlled by Kazakhstan’s state-owned uranium agency, Kazatomprom.

The monster deal stunned the mining industry, turning an unknown shell company into one of the world’s largest uranium producers in a transaction ultimately worth tens of millions of dollars to Mr. Giustra, analysts said.

SNIP...

Mr. Giustra foresaw a bull market in gold and began investing in mines in Argentina, Australia and Mexico. He turned a $20 million shell company into a powerhouse that, after a $2.4 billion merger with Goldcorp Inc., became Canada’s second-largest gold company.

CONTINUED...

http://www.nytimes.com/2008/01/31/us/politics/31donor.html


From his association with a future president, George got a great deal in Bahrain.



Harken Energy And Insider Trading

by Stephen Pizzo
Mother Jones, September / October 1992

EXCERPT...

Harken Energy was formed in l973 by two oilmen who would benefit from a successful covert effort to destabilize Australia's Labor Party government (which had attempted to shut out foreign oil exploration). A decade later, Harken was sold to a new investment group headed by New York attorney Alan G. Quasha, a partner in the firm of Quasha, Wessely & Schneider. Quasha's father, a powerful attorney in the Philippines, had been a staunch supporter of then-president Ferdinand Marcos. William Quasha had also given legal advice to two top officials of the notorious Nugan Hand Bank in Australia, a CIA operation.

After the sale of Harken Energy in 1983, Alan Quasha became a director and chairman of the board. Under Quasha, Harken suddenly absorbed Junior's struggling Spectrum 7 in 1986. The merger immediately opened a financial horn of plenty and reversed Junior's fortunes. But like his brother Jeb, Junior seemed unconcerned about the characters who were becoming his benefactors. Harken's $25 million stock offering in 1987, for example, was underwritten by a Little Rock, Arkansas, brokerage house, Stephens, Inc., which placed the Harken stock offering with the London subsidiary of Union Bank -- a bank that had surfaced in the scandal that resulted in the downfall of the Australian Labor government in 1976 and, later, in the Nugan Hand Bank scandal. (It was also Union Bank, according to congressional hearings on international money laundering, that helped the now-notorious Bank of Credit and Commerce International skirt Panamanian money-laundering laws by flying cash out of the country in private jets, and that was used by Ferdinand Marcos to stash 325 tons of Philippine gold around the world.)

SNIP...

Suddenly, in January 1990, Harken Energy became the talk of the Texas oil industry. The company with no offshore-oil-drilling experience beat out a more-established international conglomerate, Amoco, in bagging the exclusive contract to drill in a promising new offshore oil field for the Persian Gulf nation of Bahrain. The deal had been arranged for Harken by two former Stephens, Inc., brokers. A company insider claims the president's son did not initiate the deal -- but feels that his presence in the firm helped with the Bahrainis. "Hell, that's why he's on the damn board," the insider says. "...You say, 'By the way, the president's son sits on our board.' You use that. There's nothing wrong with that."

Junior has told acquaintances conflicting stories about his own involvement in the deal. He first claimed that he had "recused" himself from the deal; "George said he left the room when Bahrain was being discussed 'because we can't even have the appearance of having anything to do with the government.' He was into a big rant about how unfair it was to be the president's son. He said, 'I was so scrupulous I was never in the room when it was discussed.'"

Junior alternately claimed, to reporters for the Wall Street Journal and D Magazine, that he had opposed the arrangement. But the company insider says, to the contrary, that Junior was excited about the Bahrain deal. "Like any member of the board, he was thrilled," the associate says. "His attitude was, 'Holy shit, what a great deal!'"

CONTINUED...

http://www.georgewalkerbush.net/harkenenergyandinsidertrading.htm



That's why I mean by keeping Wall Street and private business out of Washington and the public's business. What a coincidence.
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