The Argentine economic crisis reflects very closely what is happening here in the United States of America which means we can use it’s lessons to predict what may happen here in the USA.

It was a financial situation that affected Argentina’s economy during the late 1990s and early 2000s. Macroeconomically speaking, the critical period started with the decrease of real GDP in 1999 and ended in 2002 with the return to GDP growth, but the origins of the collapse of Argentina’s economy, and their effects on the population, can be found in action before.

Argentina quickly lost the confidence of investors and the flight of money away from the country increased. In 2001, people fearing the worst began withdrawing large sums of money from their bank accounts, turning pesos into dollars and sending them abroad, causing a run on the banks. The government then enacted a set of measures (informally known as the corralito) that effectively froze all bank accounts for twelve months, allowing for only minor sums of cash to be withdrawn.

Because of this allowance limit and the serious problems it caused in certain cases, many Argentines became enraged and took to the streets of important cities, especially Buenos Aires. They engaged in a form of popular protest that became known as cacerolazo (banging pots and pans). These protests occurred especially in 2001 and 2002. At first the cacerolazos were simply noisy demonstrations, but soon they included property destruction, often directed at banks, foreign privatized companies, and especially big American and European companies. Many businesses installed metal barriers because windows and glass facades were being broken, and even fires being ignited at their doors. Billboards of such companies as Coca Cola and others were brought down by the masses of demonstrators.

Confrontations between the police and citizens became a common sight, and fires were also set on Buenos Aires avenues. Fernando de la Rúa declared a state of emergency but this only worsened the situation, precipitating the violent protests of 20 and 21 December 2001 in Plaza de Mayo, where demonstrators clashed with the police, ended with several dead, and precipitated the fall of the government. De la Rúa eventually fled the Casa Rosada in a helicopter on 21 December.

Amid rioting, President Fernando de la Rua resigns, December 21, 2001.

Since De la Rúa’s vice president, Carlos Álvarez, had resigned in October 2000, a political crisis ensued. Following presidential succession procedures established in the Constitution, the president of the Senate Ramón Puerta took office and the Legislative Assembly (a body formed by merging both chambers of the Congress) was convened. By law, the candidates were the members of the Senate plus the Governors of the Provinces; they finally appointed Adolfo Rodríguez Saá, then governor of San Luis. During the last week of 2001, the interim government led by Rodríguez Saá, facing the impossibility of meeting debt payments, defaulted on the larger part of the public debt, totalling no less than $132 billion.

Politically, the most heated debate involved the time for the following elections—the spectrum ranged from March 2002 to October 2003 (the original date for the ending of De la Rúa’s office).

Rodríguez Saá’s economy team came up with a project designed to preserve the convertibility regime, dubbed the “Third Currency” Plan. It consisted of creating a new, non-convertible currency called Argentino coexisting with convertible pesos and U.S. dollars. It would only circulate as cash (checks, promissory notes or other instruments could be nominated in pesos or dollars but not in Argentinos) and would be partially guaranteed with federally-managed land—such features were expected to counterbalance inflationary tendencies.

Argentinos having legal currency status would be used to redeem all complementary currency already in circulation—the acceptance of which as a means of payment was quite uneven. It was hoped that preservation of convertibility would restore public confidence, while the non-convertible nature of this currency would allow for a measure of fiscal flexibility (unthinkable with pesos) that could ameliorate the crippling recession of economy. Critics called this plan merely a “controlled devaluation”; its advocates countered that since controlling a devaluation is perhaps its thorniest issue, this criticism was a praise in disguise. The “Third Currency” plan had enthusiastic supporters among mainstream economists (the most notorious being perhaps Martín Redrado, current president of the central bank) citing sound technical arguments. However, it could never be implemented because the Rodríguez Saá government lacked the political support required.

Rodríguez Saá, utterly incapable of dealing with the crisis and unsupported by his own party, resigned before the end of the year. The Legislative Assembly convened again, appointing Peronist Eduardo Duhalde—then a Senator for the Buenos Aires province—to take his place.

Read the rest

Who are the ‘investors’…?

http://www.dnb.co.uk/
http://www.dnb.com/us/

These entities are very elusive and are invariably ‘trading’ under some other name. Try (company ‘trading as’) in your searches.

https://smallbusiness.dnb.com/webapp/…
https://smallbusiness.dnb.com/webapp/…

TheAntiTerrorist on Corporate Revenue Collection

TheAntiTerrorist & Velluminous Press would like to take this opportunity to point out that in theselitigious times it’s easy to lose sight of the fact that we—as a community of kindred souls—oncevalued common sense. So cast back in your memory to that long-forgotten concept and embrace thefact that the TheAntiTerrorist & Velluminous Press stand above all for freedom and personalresponsibility. Simply stated, how you apply this information in your own life has nothing to do withus. These transcripts are for education and entertainment purposes only.TheAntiTerrorist on Corporate Revenue CollectionBroadcast on 13 October 2008Hello friends, I am TheAntiTerrorist. Thank you once again for all your messages of support,your emails and your questions. I have been learning and implementing and preparing myfamily for what is to come. As you can see we’ve been talking about this for a year now andit’s coming into play; the food crisis, the theatre that is the financial crisis, I hope you haveall been storing dried food and studying feverishly.This particular broadcast will leave you in no doubt as to who is running the show here. Orat least who’s benefitting from running the show.Now if all you good police officers who have been contacting me over the last year are stillin any doubt whether you have been reduced to mere revenue collection agents for privatecorporations, this episode will clear that up for you, too.[begin email excerpt graphics]I get a lot of emails from disillusioned police officers. They’re beginning to see through theveil. As you can see here there are certain quotes from emails I have received from certainofficers, and if you are the officers themselves watching this video, you will recognise yourown writings. Of course, I’ve not included your names, but I show these emails to prove toothers that there are good cops out there—there are good police officers out there who arecompletely and utterly disillusioned about the job, and how the job has changed. I want tomake it clear I am not anti-police—we need the police because unfortunately there arepeople out there who do not have the rest of society’s best interests at heart. There areburglars out there, there are thieves and rapists and they need to be dealt with. We need menand women out there selflessly protecting the public.You may well be out there dealing with us in the real world, dealing with the bad guys,trying to make a difference, but the bottom line is, you are there to generate revenue for afull-profit organisation[end email excerpt graphics][Begin Dun & Bradstreet graphics]So how can I confidently assert that police officers are employees of private corporationsdoing business on the international markets? Well, to find that information I would go tosomewhere like Dun & Bradstreet.Dun & Bradstreet touts itself as“The worlds leading source of commercial information and insight on businesses, enablingcompanies to decide with confidence for 167 years. Dun & Bradstreet’s global commercialdatabase contains more than 130 million business records, providing our customers withquality business information. This quality information is the foundation of our globalsolutions that customers rely on to make critical business decisions…”Allo, allo, allo, what’s going on ‘ere then? City of London Police, trading as City of LondonPolice. What is the overall condition of this business? Well above average.There will be a report like this for every police force in the western world, and you’ll find iton Dun & Bradstreet if you look hard enough. In some cases it will cost you an arm and a legto get these reports but they’re well worth having. And in some cases there will beinformation missing with regards to profits, or directors, but here you can see the directors/proprietors of City of London Police are Bernard Hartie (sp?) and William Taylor. They’reexecutives. Of a company. Making money. Doing business on the international markets.And if any of you were in any doubt as to The Bank of England’s status, you can see she’strading as The Old Lady of Threadneedle Street. When did this business start? 1694.And here is a favourite of mine—Her Majesty’s Revenue and Customs—trading on Dun &Bradstreet as a full-profit organisation. Now you can see there’s lots of information missingthere but they’re definitely registered and commercial piracy is alive and well.Oh and here’s Experian, another favourite of mine. Both Experian and Equifax, gatheringdata and selling it to banks for profit. What authority do these companies have to take thatinformation from you when they have a county court judgement against them?What about our local councils, surely they’re government owned, they can’t be privatebusinesses? Well at least we know the courts couldn’t possibly be private businesses andmaking money on the international mar—oh… well, that can’t be good…. Nelson CountyCourt? Operating as a full-profit business on the international markets?Oh, and here’s one of the daddies of them all, The Ministry of Justice, trading as AsylumImmigration Tribunal, Magistrates Courts, the Public Trustee Office—and here’s what’s veryinteresting—are there any significant legal proceedings events against this business? Acounty court judgement was registered against this business on the 8th of May 2008.Now I ask you, as a man on the land would you do business with a corporation that has ablack mark against its name like that? It just goes to show you that the story about the judgesand courts being immune is absolute nonsense. Total hooey.These are private entities and they are just as susceptible to a commercial lien as any othercorporation would be. We’re talking about profit here. There’s money involved, which makesit a whole new ballgame. Changes the motivation for giving out tickets. Changes themotivation for making arrests. And it changes the rules entirely, which is why I am revealingthis information to the people who wish to find it.Whenever there are criminal charges, criminal charges always come by statute. Every timethe legislature passes a criminal ordinance or statute, the purpose of passing it is to raiserevenue for the government. Now the revenue that they’re raising is not the fines that thecourts will collect, no. The fines and the courts are sort of like taxes. Taxes don’t run thegovernment and the government doesn’t run off the fines, either.Who do the taxes and the fines go to? The investors. So who the hell are the investors?Whoever it was that bid and paid the government for the right to collect and use all the finesand taxes, based on the violation of the statute.Well then how does the government operate? They pass a statute that says you should notspeed, and then, when they pass that statute they’ve got a bunch of number crunchers in thebackground saying, “Well if we put the speed limit at 30 in the towns, and say, 60 in thecountry and 70 on the motorways, how many miscreants do you think we might have everyyear, and how much money or revenue is that going to generate? Well, we think it mightgenerate about 3 billion a year or 5 billion a year…” or whatever it is.And so they pass this statute and the government says, “Okay, we’ve got this statute, howmany of you guys would like to give us a quotation, what would you purchase the incomestream of this statute for? How much would you pay us to collect the revenue from thesestatutes and hand that money over to you as a return on your investment?”These banks bid up and and they say, ‘Well, we’ll give you 5 or 6 billion,’ and they pay thegovernment up front , that’s what runs the government.So let me make that perfectly clear. What is collected from the court fines is the revenuewhich pays back the interest on the principle to the private banking investors whobankrolled the government up front.And which entity is creating the statutes? Oh, look, The House of Commons trading as TheMembers of Parliament on Dun & Bradstreet. Starting to see the big picture now, are we?So as soon as you violate a statute and a traffic ticket goes out, the traffic ticket is theequivalent of a criminal complaint, which is a negotiable instrument, or a money order.When a ticket is written and ends up with a clerk of the court, the clerk bundles these up andthey get shipped around, appraised, money is put into the accounts of the local courts—wherever it may be—and securities go out in the background and somebody has purchasedthe right to the revenue stream.“Yeah, that’s all very well,” I hear you say, “but what does it actually mean?”Well, it means they’re all private corporate entities. All of them. The courts, the police, theHouses of Parliament, the councils, all of it, all corporations. And corporations haveshareholders who expect a dividend. They are the motivation for the creation of statutes thatgenerate fines as revenue. It also means that where statutory legislation is concerned, ifyou’re standing in front of a judge or a police officer, you’re dealing with an employee of aprivate corporation. You wouldn’t let a McDonald’s employee search you bag, would you?[Pinhead]“You are nicked, my son, you are going down. Now, would you like fries with that?”[Fathead]“You are under arrest, buddy.”There’s no difference whatsoever. The only authority they have is what you grant them,voluntarily or out of pure ignorance. It’s your call.Yes, you could say they are just doing business, but it is personal.[disclaimer: Not to be taken as legal advice &c.]Everything I’ve told you is provable and you can look it up for yourself. I certainly would.Don’t take my word for it; after all, I’m a guy sitting here in my study wearing a blackbalaclava and sunglasses after sundown.

Thanks for listening.
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HEO9 February 2009© MMIX TheAntiTerrorist & Velluminous Press

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Greg Palast author of “Armed Madhouse” and Robert Kennedy Jr. speak about Rove And Rove’s Brain, how he ‘Should Be In Jail,’ -RFK Jr.
Discusion on May day 2007 about vote rigging in the united states, vote caging

Determined to find the law that requires American citizens to pay income tax, producer Aaron Russo (“The Rose,” “Trading Places”) set out on a journey to find the evidence. This film which is neither left, nor right-wing is a startling examination of government. It exposes the systematic erosion of civil liberties in America since 1913 when the Federal Reserve system was fraudulently created. Through interviews with U.S. Congressmen, a former IRS Commissioner, former IRS and FBI agents and tax attorneys and authors, Russo connects the dots between money creation, federal income tax, and the national identity card which becomes law in May 2008. This ID card will use Radio Frequency Identification (RFID) chips which are essentially homing devices used to track people. This film shows in great detail and undeniable facts that America is moving headlong into a fascist police state. Wake up!

Very few people know anything about what really goes on behind the scene when it come to U.S. foreign policy and the corporate interests that drive it all. Our government is controlled by powerful corporate interests that have literally hijacked the powers of government and our military to advance their own selfish agendas. This interview should totally blow your mind. John Perkins was one of the men working behind the scenes to expand a global empire primarily through economic blackmail where they seduced third world leaders into taking out enormous loans that were impossible to repay so we could then U.S. corporations could swoop in and acquire control of their natural resources. If you’d like to end the reign of corporate colonialism and rid our government of their influence, please join the revolution at The Kick Them All Out Project

“Covertly recruited by the United States National Security Agency and on the payroll of an international consulting firm, he traveled the world—to Indonesia, Panama, Ecuador, Colombia, Saudi Arabia, Iran and other strategically important countries…Perkins reveals the hidden mechanics of imperial control behind some of the most dramatic events in recent history, such as the fall of the Shah of Iran, the death of Panamanian president Omar Torrijos, and the U.S. invasions of Panama and Iraq.”

According to his book, Perkins’ function was to convince the political and financial leadership of underdeveloped countries to accept enormous development loans from institutions like the World Bank and USAID. Saddled with huge debts they could not hope to pay, these countries were forced to acquiesce to political pressure from the United States on a variety of issues. Perkins argues in his book that developing nations were effectively neutralized politically, had their wealth gaps driven wider and economies crippled in the long run. In this capacity Perkins recounts his meetings with some prominent individuals, including Graham Greene and Omar Torrijos. Perkins describes the role of an EHM as follows:

Economic hit men (EHMs) are highly paid professionals who cheat countries around the globe out of trillions of dollars. They funnel money from the World Bank, the U.S. Agency for International Development (USAID), and other foreign “aid” organizations into the coffers of huge corporations and the pockets of a few wealthy families who control the planet’s natural resources. Their tools included fraudulent financial reports, rigged elections, payoffs, extortion, sex, and murder. They play a game as old as empire, but one that has taken on new and terrifying dimensions during this time of globalization.

The epilogue to the 2006 edition provides a rebuttal to the current move by the G8 nations to forgive Third World debt. Perkins charges that the proposed conditions for this debt forgiveness require countries to sell their health, education, electric, water and other public services to corporations. Those countries would also have to discontinue subsidies and trade restrictions that support local business, but accept the continued subsidization of certain G8 businesses by the US and other G8 countries, and the erection of trade barriers on imports that threaten G8 industries.

In the book, Perkins repeatedly denies the existence of a “conspiracy.” Instead, Perkins carefully discusses the role of corporatocracy.

Perkins began writing Confessions of an Economic Hit Man in the 1980s. “Threats or bribes always convinced me to stop” he says in the book.

Read the Book Online

This interview is done by Ron Eggleton at the July 2006 Vets for Peace national conference at the University of Washington in Seattle. Perkins discusses his first hand experience with how large corporations and the U.S. use bribery, assassination, and the military to thwart democratic governments that are not open to exploitation of that nation’s peoples and resources by U.S. multinational corporations. This interview is 30 minutes. – Alliance for Democracy