Letter to the Guardian - 4th August 2013.
THE PARALYZED MONEY-ECONOMY - RE-BOOT THE
GLOBAL REAL-ECONOMY
Deborah Orr writes of stasis and despair
and the uselessness of reviving the Loads ‘O Money and Greed is Good disgraced
financial system (Tell me, exactly when did idealism become a criminal offence? Guardian 3 Aug 13).
 |
| FROM OUR AFTER-TAX WAGES TO OUR HIGH STREETS TO SECRET TAX-HAVENS AND BACK TO US AS LOANS THE FREE MARKETS |
Wall Street
experts estimate that 9.1 million persons (0.1% of population) hold $32 trillion
(80 million lost jobs) in tax-havens – outside the system that the other 99.9% of us
rely on. This vast sum is the cream, the 1% top slice liquidity of the global
economy earned since 1980 (Big Bang Monetarism). The “owners” hide it, don’t
need it, resist all change, will not invest it, and only lend it back to us via
Wonga at 5,000%, VISA and Mastercard etc. at 36% and a few business loans at
7.5% - against a Base Rate of 0.5% (10,000 down to 15 times profits).
Now that
we know that the NSA and GCHQ know all our secrets; government could and should
repatriate the tax-evasion-capital-flight under old, existing laws (The City PR
machine falsely claims new laws are needed; to protect the 9.1 million false
accounting culprits, like Berlusconi, from jail). When the $32 trillion is
invested back into the major economies, from whence it came, into new,
intelligent, science-led, clean, long term global improvements – then the vastly
underused spare human hours (we work 80,000 of a possible 230,000 hours – no
wonder we are obese) will be re-mobilised and the global real-economy (real
stuff, not crooked, destructive paper transactions) will be re-booted.
If the
0.1% won’t co-operate and can’t be gouged out of their offshore bunkers, then
government must cancel all paper wealth and start over with a new world currency
and new low cost Money-Economy system, e.g. sweeping out 1.3 million financial
fiddlers in the UK, replaced by 10 mainframe computers.
Deborah Orr is right –
the old system is useless and decaying. Good politicians will direct what
nations must make and do next in the Real-Economy. A great future awaits us, if
we can lever our overweight selves up from our hot pink armchairs, ditch the TV
remote, switch on our brains and get back to work. Where are the visionary
Statesmen and Women?
Life is short (how many weekends have YOU got left?) so
let’s get on with it. Action This Day - Send the Gunboats into the tax-havens
now!
(Mr) Noel
Hodson
No comments:
Post a Comment