By JC Collins
Even as a middle aged man Edom still dreamed of being a Viking. The large powerful Nordics who pillaged the corners of his childhood imagination still lingered in the shadowed recess of his mind. When no one was looking he would puff himself out and walk around pretending to swing an axe or sword.
The thought of razing and raping whole villages excited him. The feelings associated with pain and despair freed him from the everyday drudgery of life.
Here in the back of the limo hidden behind dark tint and smoky interior he swung his arms through the air in arc like motions, jabbing, thrusting, and splaying pretend people. Their playdoh parts and organs sprayed over the leather seats and velvet curtains.
Continue reading The Brotherhood of the Snake – Part One
How and Why China Delayed IMF Reforms Through Republican Party Donations
By JC Collins
In March of 2009 the People’s Bank of China Governor Zhou Xiaochuan called for a reform of the international monetary system. Among the initiatives called for by Zhou was the creation of an international reserve currency which would be disconnected from any individual nations currency, and would remain stable by removing the deficiencies inherit in using credit based national currencies.
Other factors called for by Governor Zhou was for part of the official reserves of member countries to come under the centralized management of the International Monetary Fund. Special Drawing Rights, or SDR’s, of the IMF should be expanded as a means of payment, denomination of securities, commodity denomination, such as oil, and the denomination of the new international reserve currency mentioned above.
Continue reading The Tail of the Dragon
IMF Reforms and the Keystone XL Pipeline
By JC Collins
Yesterday I spent the majority of my time updating KPI Reports on one screen and watching the Senate debate on the Keystone XL Pipeline on another. Now I know politics are absurd at best, but this so-called “debate” was about as factual and informative as Saturday morning cartoons. The Democratic Senator from California Barbara Boxer lead an emotional charge in opposition to the bill, but her frequent references to the Koch Bros. and display of child like protest signs, such as “The Misery of the Tar Sands” are more telling of the real story as opposed to the trendy storyline of climate change she presented.
Equally disparaging and irrelevant were the defenders of the pipeline, none of which presented any factual information based on industry “best practices” or factual resource data. The fact that both sides congratulated each other at the end on an “excellent debate” which was “much needed” doesn’t change the reality of the school yard nature of the Senate discourse.
Continue reading The American Game
By JC Collins
Update: Jay over at Jay’s Analysis has expanded on the idea formulated here in a way that only he could. For those seeking a deeper understanding of this concept, and much more, I would seriously suggest reading his post titled Plato, Crystals, Dimensions and Artificial Intelligence. It may remind some readers of our comparison between prisms and the force we reference as Lucifer, with Lucifer representing “knowledge corrupted” in the material world. – JC
In this post we will branch out from straight economics and delve into an area of study which can help broaden our understanding of the bigger picture. There are many patterns and processes taking place around us everyday and most go unnoticed by the masses. What we consider to be entertainment and technology meant to benefit us, are really cleverly disguised methods of data pooling and trending for a purpose which may not be easily understood or accepted.
It is well considered and acknowledged that the disorganized masses are subjected to a method of mass communication which attempts to condition and engineer the socioeconomic and cultural memes that litter the collective consciousness. The injection points for this mass communication are designed to transfer a message across the social spectrum which ensures full coverage on all levels.
Continue reading Synthetic Consciousness and Mass Communication
“The G20 must be at the forefront in helping to address key global economic challenges. Global economic institutions need to be effective and representative, and to reflect the changing world economy. We welcome the increased representation of emerging economies on the FSB and other actions to maintain its effectiveness. We are committed to maintaining a strong, quota-based and adequately resourced International Monetary Fund (IMF). We reaffirm our commitment in St Petersburg and in this light we are deeply disappointed with the continued delay in progressing the IMF quota and governance reforms agreed in 2010 and the 15th General Review of Quotas, including a new quota formula. The implementation of the 2010 reforms remains our highest priority for the IMF and we urge the United States to ratify them. If this does not happen by year-end, we ask the IMF to build on its existing work and stand ready with options for next steps.”
Also see this China Daily
article for confirmation of BRICS intentions to continue working within the IMF structure.
Full G20 Brisbane Summit Communique can be read here.
By JC Collins
“It is important that the Brisbane G20 Summit on Nov. 15–16 is a success. In an increasingly integrated global economy, effective forums for economic cooperation are needed.” – From the CFR Memo
The upcoming G20 Summit in Brisbane, Australia will bring closure to that countries leadership and hosting responsibilities. In 2015 this will shift to Turkey as they assume the G20 Presidency. But before that happens this years summit commitments must be addressed and implemented in Australia on November 15th and 16th.
With the American congressional elections now over, and the expected Republican windfall completed, it is expected that the International Monetary Fund’s 2010 Quota and Governance Reforms will be passed and the multilateral framework for the financial world can move forward.
Continue reading The Ottoman Multilateral Model
By JC Collins
On the eve of congressional elections in the United States it’s time to take stock of where we are and what we can expect as we move further into winter and the end of the year. Over the last 4 to 6 years the seeds of the Multilateral Financial System have been planted and it is now time to begin harvesting what has been grown.
Tomorrows elections are expected to see the Republicans win a majority in both the Senate and the House. The outcome of the election will do little to change the macro outcome of the emerging MFS or the necessity of Congress to pass the required legislation supporting the International Monetary Fund’s 2010 Quota and Governance Reforms.
Continue reading A Time to Harvest