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I'm an electrical engineer and mathematician by training. My career has spanned diverse areas of expertise from being part of a team which designed the world's most powerful computers to corporate consulting around business transformation and information-based solutions to being a corporate sales and marketing executive in the information technology and business consulting space. I’ve led teams responsible for innovative and transformative solutions and been part of teams that helped set strategy for many of America's greatest companies. Two of my interests are econometrics, democratic finance and quantitative - qualitative analysis. Over the years I have developed risk-based models and trading systems meant to identify significant investment opportunities and periods of extreme risk. My blog is an outlet for another of my passions, writing. I generally consider myself a contrarian. Therefore, many of my rantings are meant to encourage people to question what they believe to be true. Terms of Use & Disclaimer: First off, I don't take anything on here too seriously and you shouldn't either. These are simply sardonic rantings of Bill, my alter ego, often meant to agitate for peaceful & nonviolent reform. This web site reflects the views of its authors. It is unaffiliated with any NASD broker/dealer. Statements on this site do not represent the views or policies of anyone other than its authors. The information on this site is provided for discussion purposes, comedic relief and entertainment only and are not investing recommendations. The authors may have positions in securities mentioned herein. Under no circumstances does this information represent a recommendation to buy or sell securities. While information discussed on this site was gathered from what are believed to be reliable sources, in no way is informational accuracy guaranteed. All information on this site may contain errors and omissions. Trading and investing involves high levels of risk. Always consult a licensed financial advisor or broker before making any and all investment decisions. Authors of this site and any sites which are fed by said site, including Open Salon and others, will assume no responsibility for the actions of the reader and user. Readers and users agree, as condition to accessing this site, to release and hold harmless this site's authors from all liability in connection with this site or any views posted on this site. All readers and users of this site agree that use of this site requires acceptance to the current Terms Of Use & Disclaimer and that current terms include any and all use and material from site inception. If you do not understand these statements in their entirety or do not agree to be bound by this current agreement, you must immediately discontinue use of this site. This Terms Of Use & Disclaimer may change at any time and it is the reader's and user's responsibility to review, understand and abide by any updates.

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FEBRUARY 12, 2013 1:01PM

No Country For Old Men– Class-Based, Corporate-Capitalist Neoliberalism’s Privatization Of Chile’s Sea

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"We are free today substantially, but the day will come when our Republic will be an impossibility. It will be an impossibility because wealth will be concentrated in the hands of a few."  -- James Madison

Okay, first of all, the quote above, like many others from history, may be attributed to someone who never really said it.  Who cares?  It is attributable to a speech made in 1900 when the capitalist Robber Barons had enslaved all of us as have today’s Robber Barons.  

The world of corporate capitalism has created a global No Country for Old Men.  Just as in the movie, where the glorification of the rugged U.S. west of times gone by was was peeled back to reveal its lawlessness and brutality, so is the case with corporate capitalism.   We live in a world that is no world for old men.  A degenerate world of illegitimate class-based power void of human decency.   The intent of this post is to help others appreciate the repeatable story of looting the public treasury through the class-based system of corporate capitalism and the force of the state.  That is happening or has happened in every capitalist country on earth since capitalism’s inception.  This story of selling off the seas to capitalist elites in Chile reminds me of Ron Paul, a good “free market” corporate capitalist, publicly trying to explain how if the Gulf of Mexico was under private ownership in some Orwellian Treaty of Tordesillas that the BP disaster never would have happened.  It was about that point in time when I just decided Ron was just a little too wrapped up in the king’s capitalism and his looting of international lands under the guise of property rights and power granted by God, the church and the state.  

Guess what?  600 years after that treaty, corporations, private for-profit capital and private for-profit bankers, our neofeudal kings and lords, are still using the force of the state to steal under the same guise of a class-based king’s God-given authority of property rights.   Steal everything from everyone.  Steal all of the world’s assets under the guise of free market capitalism and its enabler, the state.   Class-based trickle down economics and its resultant hyper-consumerism are the driving force behind the destruction of the natural world and the destruction of individual freedoms everywhere as has been the case since the beginning of human history.  A wholesale raping – the global violation of every sentient being’s dignity - perpetuated by the class-based structure of corporate capitalism.   It’s not people that are the virus poisoning our planet.  It’s the self-granted privilege of class.  Class-based European-style colonialism and mercantilism have enslaved us into a global financial and production system that would make the British king’s capitalist opium trade look mild by comparison.   This attempt at stealing the Chilean sea is one of the most overtly aggressive forms of state-sponsored terrorism we see today.  The literal stealing of lands (in this case the sea) that belong to the people of Chile and the people of the world who, as sentient stewards, should be protecting our ecosystems through sustainability rather than looting and stealing them as class-based corporate capitalism does.  This privatization of the sea is directly a result of the CIA-backed Pinochet’s reign of terror that led to the class-based enforcement of trickle-down economics

The mafioso-inspired control of Chilean fisheries by “the seven families” is right out of a dystopian novel.  It is typical of the history of looting that has defined Central and South America under U.S. corporate, CIA and IMF control.  As noted in the Real News video, these wealthy families gained control over public fisheries and fishing rights under generalissimo Augusto Pinochet, a CIA-backed, Milton Friedman-enabled murderer, terrorist and dictator, whose reign of terror against the peoples of Chile is well known.  While the CIA has been forced to admit through declassified documents that the thug Pinochet was on the payroll, we don’t know for certain if the Pinochet military overthrow of Chile’s government was funded by the CIA because of still classified documents.  We do know that the CIA has backed terrorist organizations throughout Central and South America including in democratic Chile before Pinochet’s junta. 

Naomi Klein’s documentary, Disaster Capitalism, highlighted neoliberal Milton Friedman’s involvement in Pinochet’s dismantling of democracy and institutionalization of trickle-down junk economics.  For those who haven’t seen her documentary, Friedman was dispatched to Chile to “assist” Pinochet in his dismantling of a functioning democratic economy to install a trickle-down system exactly like that installed under Ronald Reagan.  It should be no surprise that Friedman was Reagan’s chief economic advisor.  Or, maybe I should say, looter-in-chief.

(I am going to digress here for a rather long remark on corporate capitalism before I finish this post.  I am doing so for context of the remainder of my remarks about Chile and around the globe.  I enjoyed Klein’s documentary but there is a distinction I would like to make.  Corporate capitalism as it has always been practiced is the disaster.   ie, Violence and wars do not create disaster capitalism.  Instead, it is corporate capitalism that creates wars and disasters.  After watching her documentary, I wasn’t sure which she believed came first, although her conclusions were surely accurate.  Our violent, predatory and exploitative society is a result of deregulated and unregulated corporate capitalism; a form of economic slavery that mints profits nearly as grand as the former U.S. south’s capitalist plantation slavery.  It is important to understand this greater reality.   It’s called fascism and I have clearly distinguished entrepreneur and worker capitalism from corporate capitalism countless times over the last eight years.  Class-based corporate capitalism is what has been practiced in Europe for the last 600 odd years and was essentially what was then exported to the U.S. southern plantations.  Even if Adam Smith didn’t write The Wealth of Nations until many years later, capitalism is the exploitative economic system that has always defined statist Europe. 

Entrepreneur and worker capitalism are what were practiced in the U.S. during those times when democracy rose up to stop the endless violence that is European-style corporate capitalism.   The world has been under endless conflict and wars since the European feudal, elite-king-lord-controlled states adopted private, for-profit capital 600 odd years ago.  And, they did so for their own benefit of looting and subjugating human rights and to maintain class-rank.  That is why feudal Europe was embroiled in endless wars to determine conquest and control of the looting.  That’s why we fought a Revolutionary War. To stop the British King’s corporate capitalism.  That’s why we fought a Civil War; because of free market capitalism’s exploitation and violent use of slavery and indentured servitude; a remnant of Old World corporate class-based capitalism driven by private for-profit capital comingling with the state.  That is why we fought both world wars that led to 100 million people dead or wounded.   That’s why we are engaged in countless undeclared wars today.    

War is as much a part of capitalism’s lexicon as is private, for-profit capital’s looting enabled and enforced by the state.  In fact, they are inextricably linked.  I could even argue quite forcefully and with substantial fact-based evidence, and the evidence is quite overwhelming by the way, that capitalism is an outgrowth of the class-based state’s invention of war.  That capitalism is a class-based social system of economic warfare created to enslave and loot the masses, as slaves, and, ultimately, the world.   Remember, corporate capitalism’s roots are a feudal, colonial, mercantilist, elitist-lord-king-controlled Europe that exploited its own impoverished citizens and the world. 

I have intimated many times over the last eight years that while there is no proof, there is ample anecdotal evidence the class-based U.S. political-corporate system created China’s economic bubble to loot and ultimately destroy what is potentially its largest economic and military competitor.  The hard proof may simply be hidden behind government secrecy.  It’s not implausible given the endless violence, force and exploitation used by the U.S. to control economic interests on every continent.  But, then maybe it’s much more simple than that.  Maybe its just the resultant outcome of class-based corporate capitalism’s endless globalized looting. 

Democracy is a classless (equality) society.  People came to this country to escape kings, lords, institutionalized religious hierarchy, class-based tyranny and corporate capitalism.  They came to escape self-appointed class-driven idiots telling them what to do, how to think and what to think and forcing them into working for their masters for whatever they are told their life is worth.  Corporate capitalism was created as a feudal, class-based form of economic exploitation when democracy didn’t even exist.  Capitalism, as it has always been practiced, and democracy aren’t compatible.  Well, unless you outsource your thinking to ignorance or ideologues like Ayn Rand or Ron Paul or Paul Ryan or Milton Friedman or Barack Obama or Bill Clinton or Wall Street or your corporate masters.  

We can still have a market economy based on true freedom and empowerment, dignity, merit, incentive, performance and personal responsibility that eschews class tyranny without the horrendous injustices and outcomes of communism or capitalism or any other dumbed-down, class-based or class-enforced ideological ism.  In order to accomplish this, we need merit-based, democratic (classless), development-focused, human-needs-focused, public capital.  We need public, democratic banking and democratic money to throw off the shackles of tyranny and injustice and finally rid ourselves of the looting class that has defined capitalism since its inception. 

Of course, the end of money would accomplish the same outcome.)

This dynamic in Chile regarding the privatization of fishing rights and the sea is the same dynamic of Obama’s cap and trade system.  The exact same.  Rather than a bottoms-up or democratic solution to carbon emissions that encourages meritorious innovation, new markets, democratic economics and living wage jobs, it is a neofeudal class-based, trickle-down, force-fed, economic system of control, tyranny and injustice that destroys democracy, economic vibrancy,  economic opportunity, jobs and innovation for democracy but enriches the ruling class of looters and tightens their grip of class-based economic slavery.   It should be no surprise that the liberal feudal lords Gore, Clinton and Obama support cap and trade and that it appears to be a cornerstone of this presidency’s second term.  Human-caused global warming is a myth meant to enslave us to corporate-political rule.  Although the faux-intellectual, anti-science liberal elites surely believe their own ignorance that humanity is causing global climate change.  But the real science of global climate volatility actually supports a greater truth as is now finally leaking out.

Most people have yet to realize neoliberalism and class-based, trickle down economics can only sustain itself through the dynamic of greater and greater force. That is how trickle down economics works.  This is how private, for-profit capital works.   This is neoliberalism or neofeudalism.  This is class-based corporate capitalism.  It’s a like an opium addict.  It must be fed by an endless source of looting to keep the fix going.  Otherwise, “growth” or the endless rampant class-based pillaging of the natural world and democratic societies can no longer sustain itself and we are left only with its effects of mountains of debt and devastation.  As I have noted before, that gig is up.  There’s nothing left to loot.  Debt is not the problem.  It is the outcome of the massive corporate capitalist class-based looting of democracy and the public treasury.  That was the U.S. housing bubble and every other bubble.  Bernie Madoff should be nominated for sainthood in comparison to the greater truths of institutionalized evil and criminality that exists today.  Bernie Madoff is a pimple on an elephant’s ass. 

The force of the state is the only way 1% can defeat the liberty, economic determinism and democracy for 99%.  It is the only way class can survive and even thrive.  Force is the only way a small minority has ever controlled all of humanity.  That is how corporatism and elitism and their endless looting works.  They use the public treasury and the force of the state to loot democracy.  To enslave us.  That force is being exerted on the world and on American citizens through a global system of looting.  It is the only way this system survives.  The poster boys and girls for this force are the politician regardless of political party or country.

This story of the privatization of the sea is a perfect example of that force.  It is so blatantly obvious in its intents there can be no other interpretation or explanation.  It is class-based looting and enslavement using the force of the state.  Corporate capitalism and the force of the state allows people who literally have no meaningful skills other than control (psychopathy, narcissism, megalomania, etc)  to become the most powerful people on earth.  If we were all dropped on an island and forced to survive and recreate a new society, they would either be the first to die or the relegated to menial tasks.   They have no skills or craft other than manipulation and control.  Without the force of the state and the class-based structure of corporate capitalism, they literally offer nothing.  They would be store managers at a local Taco Bell.  (Not to denigrate a store manager at Taco Bell by comparing them to predators.)   That they now control society all across the world is why we see endless insanity.  Our society’s literally are dumbed-down by the control of people who create nothing other than economic slavery.  The solutions to this crisis are easy - end economic slavery and create democratic economics.  The solutions aren’t hard.  Breaking the tyranny and control of the looters are the fundamentals issue of our time.

Mark my word.  We are going to see a massive wealth redistribution in this country because our public lands, public properties, national income, all private assets and the public treasury have been stolen using the force of the state.  Democracy has been completely destroyed.  That may occur by collapse or by taxation or by force or all of the above.  No one knows.  But, I guarantee you it is coming.  And, it is likely coming to more many places than the United States as the capitalist corporate states around the world collapse under the weight of their evil, injustices, illegitimacy and corruption.  Volatility is compressing or contracting everywhere.   The pigs are again feeding at the trough without a worry in the world.  It’s about time for some volatility expansion.  Some range expansion.  Stretch your legs and get ready.  At some point we are going to see the biggest spectacle in our nation’s history.

Change you can believe in.  It is coming. 

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I believed that with bush gone we had seen the cliff and avoided it. I would still like to believe that the worst was 2000 and we have fought our way back - despite Iraq etc. Obama has not been a total disappointment but has not moved the stone very much, if at all.
If a government cannot protect a delicate resource from being destroyed - as have fishing grounds in many places, it is hard to imagine a corporation could, but if self interest accounts for anything, in some situations privitization might actually work better.
I do feel we have an elite who would enjoy a nation- wide battle between our government forces and the young, poor, desperate and foolish. I look at this a post natal abortion - and will only return us to a pre FDR society faster. There is no doubt that the wealthy will borrow from us to quell any rebellion and limit democracy. The union will be preserved like it or not.
"Unlimited growth is the philosophy of a cancer cell." - Edward Abbey

Great post TL worth me reading again when the days choirs are over. I might have another comment later.
[r] This is brilliant and one of your best, which is saying a lot, TL! I had written a comment and then the entire website blew up so it was lost. Glad to get back here to validate you and your perspective.

I hope you submit this blog to other places, correntewire, common dreams, dissident voice, information clearing house, etc.! It deserves to be read.

You put it all into context. "Madoff was a pimple on an elephant's ass"!!!! Neolib monsters like Bill Clinton and Barack Obama need to be recognized as such along with the Republican monsters. What they did are are doing to the US citizenry (as well as the residents of the rest of the world) is vile, vile, vile.

As to disaster capitalism, at first I thought you were doing chicken and egg which came first sophistry. But I see where you are coming from. But sociopaths and psychopaths are such incredible opportunists who use BETRAYAL as their tool for gaining power and disasters offer that for sure. Yes violent and ruthless capitalism brought on 9/11 as blowback to US, but look at how the neocons used that event to escalate their violent exploitation of the world. And now the neolibs cronies are continuing the bloodbaths for profit.

They lie colossally. Talking Clinton, Bush and Obama regimes. They capture the trust of their marks and their victims are set up for the big kill. Some marks and victims are so clueless that they end up not getting who is deepening their plight and become Stockholm Syndromed to their victimizers (most Dem citizens of the US for example).

And the victimizers, the people of the lie, recruit cronies to compromise themselves and to deny their consciences and the corporate media cognitive dissonance overriders enter stage left and keep the momentum of exploitation going and God help any whistleblowers who are subjected to colossal and insane blowback and crazymaking accusations of being the betrayers, who are in jeopardy of being incarcerated and tortured (look at what Obama did to Manning).

Our globe needs REAL communication that promotes empathy. Instead the ostrich US citizenry embraces faux-communication of the mainstream media which is run almost entirely by 6 huge corporate conglomerates who don't give a shit of the demise of the lower 99%.

Tonight with the state of the union and the mendacious president and the cronied up media is more mass betrayal and mendacity.

Obama gonna talk the talk about jobs tonight, and will go the opposite direction. Bullshit with malice and awesome pimped-outness to corporations from the American Judas, Barack Obama.

best, libby
Right now there is a strong grassroots movement in New Zealand to get the government to sign on to the IMF proposal to end private (bank) control of the global money supply by implementing "The Chicago Plan," which was first proposed in 1935 during the Great Depression.

Here's a link to the IMF paper "The Chicago Plan Revisited" and to one of the author's (Kumhof) explaining how it would work:



In the west, private banks have controlled the issuing of money since 1672. However if you go further back in history (like say 2500 years), ending private control of money was a common tactic when rulers sought to reduce wealth and income inequality. Kumhof and Bennes relate this history in their paper.
Thanks Stuart. I'm familiar with the IMF plan. Although, if I might comment frankly, it's not really an IMF plan. It's a plan created by underlings. Underlings at the IMF and World Bank have made tons of proposals for a long time. The U.S. controls voting rights and has right of refusal at both institutions for just about anything. And, they certainly are not backing this plan nor would any substantial political leadership at any major capitalist power support it. It's really a pipe dream. Just like pipe dreams that so many of us have put forward for a long time.

There were a lot of things different in Biblical times as it pertains to money and usury. This plan would certainly be a big move forward although Fisher was clearly wrong that we should have public money and private banking.

Keep the faith. Awareness is rising everywhere.