I left this entry untitled because I really don't know what to call it.
This morning I read this:
Now we are learning what really immobilizes Congress - what deafens them to their electorate. Because finally a recommended diary by a credible source tells the truth: the US is owned by her creditors.
Try to follow below
I came to DKos in March of this year, for the first time because my daughter asked me to check this out, and see if I could get the message out to the liberals about what was going on in this country.
I began with a diary on on FISMA and the email controversy, and have continually tried without getting myself in a legal bind, about Corporate America, the money, and how it controls the decisions congress and your candidates make.
so I will try my best to answer the questions put forth this in Meet your new owners
Which brings us the question: what will be the consequences of that? Will they behave as other investors, motivated by returns? will they be more passive, or more active, especially given the significant stakes they are building in some companies? Will they try to drive the strategies of the firms? and will they use criteria unrelated to the performance of these companies but that have an impact on their own economies (decisions to invest there, or move factories, to favor some suppliers over others, etc...)? Or, more intriguingly, are they buying at the top of the bubble and are going to be the poor suckers who get left holding the bag as the asset bubble deflates? Or are they aware of that possibility and simply expect that real assets are still better than dollars? Or, conversely, are are they just learning the ropes now, in the expectation that prices will go down and they will be able to swoop in and buy prized assets at much lower prices in the near future?
I have been frightened for the US since about Sept 15 2001. On 9/11/2001 I was in my corporate office in VA, while the nightmare unfolded. When the Twin Towers fell, most of us, Corporate America that is, swung into gear, helping the financial segment find locations and get back into an operational status. And we pulled together like nothing you can even imagine. Competitor helping competitor, all with a single goal in mind, get the markets and financial institutions that had been impacted back online, back in business. I guess I was naive, I thought it was patriotism. It was greed, I later learned.
Almost as soon as the fires were out,it began. My corporation swung into an acquisition mode, buying up one of the now infamous defense contractors, who provide security forces in Iraq. I worked almost exclusively with the Chiefs (CIO, CTO, etc) and one of them told me out right, he was disgusted at the acquisition, and the motives behind the acquisition.
One of the things I am always saying in here is follow the money. The money means everything. the money controls everything, the US was in trouble, and the money trail, as bondad so eloquently puts it, tells the tale.
In 2001, February, I was brought to Corporate East HQ, to manage a global program. Our fiscal year goes from April to March, so within a month I was exposed for the first time on how to "cook the books".
It was expected that the team I was on, a very elite team I might add, was expected to cover the losses. We had to find a away to come up with money that could be placed on the bottom line as profit. I remember my mentor telling me that although we really didn't have a title, or mission to our team, it was our job to make sure the corporation remained profitable, "Mostly, I get money. I get these calls from (name withheld) and he tells me, (name withheld) I need 10m, to cover the loss on account x" and my mentor, would find it. finding money, to add to your bottom line to make it appear you are profitable, when in fact you are not, is not exactly the way 10K filings are supposed to be constructed.
this lead of course to what I would not exactly call legal activities. And it lead us overseas. so to answer one question put forth:
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what will be the consequences of that? ((mainly emerging Asian economies and oil exporters) have equally massive reserves, which they have so far mostly invested in US Treasuries, thus keeping US long term interest rates low, and the dollar stronger than it would otherwise be.)
You have already seen this impact,mass exportation of American Jobs. follow the money, you will see that each corporation with massive exportation of American Jobs are beholding in some way to one foreign entity or another. they invest in US Treasuries for the same reason most conservative investors use T-Bonds, secure, safe, slow investment growth. However, since the government has been the one to convince them to invest in the T_Bond market, they in turn expect something from the US. in this case it was jobs.
They are now looking for diversification, and are probably worried about where the dollar is heading.
Actually they are not now nor have they ever been looking for diversification, they are seeking to "own" the US government. And they are succeeding.
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will they be more passive, or more active, especially given the significant stakes they are building in some companies? Will they try to drive the strategies of the firms? and will they use criteria unrelated to the performance of these companies but that have an impact on their own economies (decisions to invest there, or move factories, to favor some suppliers over others, etc...)?
As long as I was in the inner circle, the remained fairly passive, allowing the CEO's of America to "teach"them. It always struck me as funny. The people I met were extremely intelligent, why were they playing dumb to the CEO's? Turns out they were stroking egos. I am not fluent in any language but English, but in one meeting the foreign investors were speaking French, and I caught enough to know they thought we were all idiots.
(You have to know though, how surprised I was to see those same men at Martin O'Malley's inauguration party! For me that sighting, just re-enforced what I already knew, the DLC and the Republicans, are one in the same. It is why I am Pissed off. But I digress..)
As for the bolded part of the question, those strategies have been in place since 2001, yes 2001. The new supply chain initiatives you see happening everywhere in the Fortune 500, are all related to those supply lines. the computer we are all sitting at, the TV you watch, all those supply chains are expected as the in turn response to investments.
But my understanding from insiders who are still there, is that they drive their own agenda's now, the strategies no longer have anything to do with the corporation, it's goals, or it's profit/loss, the SEC, Sarbanes Oxley, or any other government oversights. The agenda is now, and has been since I first met these investors, is domination. The large corporations now restating their 10K SEC filings, makes the foreign investors really happy. It crushes the arrogance and forces the CEO's to now do their bidding. Point in case Mattel. Letting all of us Americans know, that even if the competing country is harming us, it is the US that needs to apologize.
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Ironically, as they will be using the ultimate tool of the London and New York finance world - investment funds playing according to Anglo-Saxon rules, it will be exceedingly hard to criticize them without destroying the dominant discourse about the efficiency, and effectiveness, of modern capitalism. So this might actually be fun to watch.
this is not ironic at all. In the weeks and months that followed 9-11 we taught the world that we are not easily defeated by violence. We pull together better than most other nations, and we get the job done. so how to defeat a country so full of determination in the face of adversity? Create no adversity. As one wise man once said to me "Let the tide do the work man does not want to do" Wash away the foundation of American Society. It's financial standing as a super power in the world.
I will not address secret societies, or conspiracies, as stated here :
Around the world, a secretive society is emerging of governments flush with foreign assets, some of them petrodollars, that are increasingly calling the shots in international finance.
Because honestly, it is not now a secret nor has it ever been a secret. Emerging countries want to be like the US, big, powerful and rich. this secret society, is no secret in the Top of the Corporate world, most people just never get there, to see how it works.
the difference is, we gave them the power. Not the Government, not the CEO's us, the American Consumer. I got slammed for this statement before, but now that monkeybiz seems to agree, I guess I will only get a little slammed.
When we decided to buy Foreign Cars, and the government gave import tax breaks to the foreign car makers, in the 1970's we began to let the tide hit the foundation. We the consumers, did not demand cars with better fuel efficiency, so we got the SUV and debt for oil. When we demanded lower prices, and stop buying local clothing, food, water and commodities, we open the door for waves to hit the foundation. When we do not stand up for ourselves, and let the world be run by Corporate American we got under there and starting hammering away at the foundation so the tide could more easily take it away.
I guess it is foolish to think that voting will change the condition we have placed ourselves in. Because if I vote DLC ticket, I get the same as leaving BushCo n charge.
I have put a few diaries, that appear to have diverse and unconnected topics. Lack of protection for women, illegal immigration, and Corporate thievery. They are not unrelated, Our lack of equality, for all races, creeds and genders, Our propensity to buy foreign, then complain about our deficits, Our ability to look the other way when it is OUR corporation doing wrong, all of this is related. and all of this needs correction.
I am not a child, I do not need to be guided in my thoughts, words, or deeds.
In order for this to change, we, the people, would need to admit what is wrong, and then GET UP and change it.
STOP:
Buying foreign cars, foreign clothes, toys, etc. Take a week off, on strike, all together,
STOP:
the flow of money for one week.
STOP:
Bitching and doing nothing, If your representative is like mine (Steny Hoyer) Get rid of them. NOW don't wait for an election demand impeachment. Even a Judge can be impeached,.
STOP:
Being so damn naive, This is not about move on, or Swift Boats, it is about YOUR FREEDOM
STOP:
Bitching about MSM, hit them where it hurts, in the wallet, boycott their advertisers, that will get their attention.
STOP:
Arguing about who is better Obama, HRC, Edwards. Instead THINK about who can do the best job, REALLY do the best job, and let's get them in through a impeachment and special election. In Fact If your so unhappy with the Congress, MOVE TO IMPEACH THEM ALL.
this is still the greatest country in the world, we just need to take it back.
I am sorry this went on so long, and I know it jumps around a bit, but I had to delete those things that would get me in real trouble. since the DOJ meeting is scheduled for next week, I still need to be careful.