Visualisations as to a recession.
Given todays economic climate can Governments simply continue in treating symptoms rather than causes?. To be where we are at today it came from somewhere!. A single News item seeded my mind yesterday as to why a driver and his vehicle should both be sat at a cliff edge in being Governed by a sat-nav system. Obviously then there exists those, perhaps many, whom implicitly accept without question the correctness of computer data without realising that it is a function of either sensors or some other human feeding such data to them.
To positiveness there will always exist negativeness just like “mass meeting anti-mass” or a gap widening whereby for example the number of people becoming richer must be offset by more people becoming poorer –additionalistically the resultant will always be ZERO!. Is the adoption of digital technology any different in providing + & - outcomes?. Beneficial technology is about self regulation ( automation ) that doesn’t affect jobs like that of a computerised car engine management system and most other such electro-mechanical devices that we have come to depend upon. Historically people and business associativity was built upon trust in knowing physically whom one was dealing with however through a need to exploit automation more fully using computer based technology there came a time when people themselves needed to become part of that automation process. I can recall a “Tomorrow World” programme shown in the UK many many years ago that inferred more leisure time as the result of adopting such Technology – it suggesting that it would be “working for us” yet now we have the situation whereby its “working for authority against us” in consuming employed positions leading to much unemployment!. In becoming data inputters to compliance software the need to administer people is thus diminishing and while Councils “push” for IT Systems to save Tax Payers Money the same councils are denying the same people work in paying their Council tax – again a + & - technological affect is in play.
As to the recession how difficult is it to recognise further + & - factors that have lead Nations down a pathway to their self destruction economically?. What of the following influences from history:-
(1) 1986 THE BIG BANG. London Stock Exchange (LSE) deregulated and computerised (M Thatcher). People moved from the “floor” where technology now interfaces between. Increased competition and focus on performance. Accelerated pace of change – volatile situations where Businesses can fail in a nanosecond on Global Markets due to speculation. People long-term job stability becomes one of short term contracts reflecting continuous change as dictated by investor driven financial Institutions chasing profits – like that of a flock of birds always wanting greener trees to nest in while leaving forests of deadwood to which other species remain in trying to revive their habitat.
(2) Parallelism - people inclusion into technology. Technological advancements provided for larger databases at lower costs while financial software flooded the Markets which lead to people being cloned onto such systems in 0 & 1 format. Through those events real people began living parallel to their digital counterparts entrusted to the Government, Computer and the Financial Industry. Disassociation of parallelism then resulted in Identity Theft in the Digital Global World of “whose really who” which has then lead to much distrust amongst real people and businesses alike. To possess digital keys as to others is big business these days costing the Financial Industry £billions in leaking pipework to which they will not admit failure else lose face and investors.
(3) Government automation as to people. Knowledge as to the lives of ordinary people was sparse to begin with however the gap has widened considerably through its policy to adopt technology for people profiling etc. Collecting paint dabs as to people and then using “selective” data in formultating policy to elevate ones status is not about Governance but about negligence for continued Governance!. Given “spin” and creative accounting is it any wonder why the Government now sits precariously at a cliff edge, just as the driver with his sat-nav system, unable to differentaite reality from fantasy. The larger and more powerful tax funded IT systems have become the more intelligent Governments may appear whereas in reality the opposite may be said in making one equation fit all. Consider for example the failed Child Support Agency (CSA) which applied a one equation must fit all philosophy and to which people either became unemployed, mentally ill or committed suicide – all while awarded themselves fat bonuses!. Automation in dealing with people issues is about isolation and taking no responsibility as to “maybe’s” through zero tolerance devices, devices which have displaced jobs in favour of creating additional revenue towards Government coffers. With each days comes new laws as to Standards in repositioning the goal posts to warrant reaching ever further into peoples pockets and purses. Is everyone so stupid as to not realise that if they earn more that's more fat bonuses to the Government and higher dividends to investors so whose fooling who into the Public accepting more loans to spend spend spend when a Government takes takes takes!. Could it be that the Public are sick and tired of being ill abused, robbed, discredited and simply being treated as “digital numbers” for processing?. Trust and respect ARE earned as to Standards whereas enforced compliance is about dictatorship and an eventual Police State. To press every button other than the correct one is called political correctness just like going through the alphabet in attempts to create an effect whereas to press the next button may be seen as a U-Turn on yesterdays Policy. Then we compliance through bribes as demonstrated by the Government in paying School children to attend classes and bribing illigal immigrants to leave the Country. Mr Brown may or may not be able to buy the Nation out of a recession but either way the onus will be on generations of Tax Payers to come in repaying that money while he leaving Office has his autobiography to profit from.
The big question is: Is the recession simply about money or about a need to restruction the Government in providing benefits towards that of tax payers as oppose to treating them like prey for exploitation. Stability is not about timed change but about change for a purpose through expansivity in creating opportunities. According to Mr Mandelson ( text below ) the British Government are not responsible for issues concerning the UK but there again what issues remain for the Government since they have out-sourced most responsibility and accountability to others whom run the Country on their behalf. DOUBLE STANDARDS result in addition to confusion and chaos.
Lord Mandelson said it would be "absurd" to reject the entire market system because of "mistakes of regulation and personal behaviour" in the banking sector.
Lord Mandelson said. "I don't believe what's happened is a market failure in the financial sector, I believe it's aregulatory failure.
Lord Mandelson rejected claims by the Tories that ultimately the Government was responsible for the problems in the <?xml:namespace prefix = st1 />UK.
Lord Mandelson – Former EU Trade Commissioner. Compounding the gloom, a survey of companies showed the euro zone private sector economy on track for its worst performance since the recession of the early 1990s.
SOME History [ to verify ]:
1929 NY Stock Exchange – Crashes [ Black Thursday ]
1930 NY Stock Exchange - US President Herbert Hoover asks congress for US$150Million
1933 US President Franklin D. Roosevelt unveils the Civil Works Administration, an organization designed to create jobs for more than 4 million of the unemployed.
1934 The Export-Import Bank of the United States is incorporated.
1934 Bank Bankruptcy. US Congress establishes FEDERAL DEPOSIT INSURANCE CORPORATION (FDIC) protecting depositors money
1938 NY Stock Exchange – The Great Depression
1939 WW2 – France, UK, NZ and Australia declare war on Germany.
1941 - World War II: Franklin D Roosevelt (33rd degree mason-highest ranking) : PEARL HARBOR - 2,400 American Seamen lives lost giving United States' direct participation in World War II.
1941-9/11Colonel Groves begins Building of the Pentagon
1943 - Great Depression ends in the United States: With unemployment figures falling fast due to World War II-related employment,
1986 – Thatcher. LONDON STOCK EXCHANGE undergoes DEREGULATION. Almost ALL firms taken over by FINANCIAL FIRMS. PRIVATISATION followed - State owned Companies floated off on the StockMarket. USA investing Pension funds etc
1988 – BUSH Elected
1990 Thatcher RESIGNS
1995 - Stock markets around the world crash because of fears of a global economic meltdown. For the first time, the New York Stock Exchange activated their "circuit breakers" twice during the day eventually making the controversial move of closing the Exchange early.
1998 - Brokerage houses are ordered to pay US$1.03 billion to cheated NASDAQ investors to compensate for their price-fixing. This is the largest civil settlement in United States history.
2001-10th September -Donald Rumsfelt [ Secretary of Defence ] declares war on wasted money by the Military. CANNOT TRACK 2.3 TRILLION DOLLARS. JIM MINNERY attempted to discover millions missing from one agencies balance sheet - he then reassigned. Franklin C Spinney also attempted to expose the ACCOUNTING GAME
2001-11th September- 9/11 – World Trade Centre Twin Towers Destroyed. Insurance Company Warren Buffett shells out more than $2Billion in 9/11 claims however most insurance companies themselves buy insurance [ reinsurance ].
2002 Dec – US Consumer Debt stood at $1.722 trillion and a record 1.5 million bankruptcies were filed – the largest ever ?.
2004 USA National debt - $6.7 trillion, excluding the Iraq War deficit. To cover the DEBT the Gov issue US treasury securities for investors to purchase.
2005 (13 April ) New York Times - Traders were accused yesterday of buying or selling stock for their own accounts at prices that were better than those they gave to existing public orders. That practice is known as “trading ahead,” regulators said.
2006 NEW LABOUR- 2.9 million extra jobs of which 1.5 million are direct employment by the Government. Exports well below imports and approx 1,000,000 jobs in manufacturing lost.
2008 May - Bank of England governor Mervyn King warns that it is "quite possible" that Britain might face a recession. Consumer debt up over £1.4 trillion!!. Consumer spending – the MAIN DRIVER of the UK's economic growth.
29 06 2008 Loans totalling £7.45 million are due for repayment or review by July 1, and around £6 million more by the end of this year, according to figures on the Electoral Commission website. With loans being spent where is the mony coming from to repay?. Can loans be considered a conflict of interests?.