POWER TO THE PEOPLE – REPATRIATION AND GUILLOTINES.

ALL TAX COLLECTION OFFICES TO
HAVE THIS NEW EXTRACTION TOOL

The Greeks, those who haven’t absconded and those who went to the polls, have voted to stay in the European Union and the Euro Currency.  This is a sane, economic and intelligently cooperative decision. After all, Greece is a nice place to live and it is arguably the source of western democracy, myths, science and civilisation. Europe is indebted to the Greeks.

The intelligent, cooperative citizens who have stayed and want Greece to return to full economic strength have a problem. Their defaulting, traitorous, sociopathic aristocrats have buggered off with all the money, without paying taxes, sabotaging the entire nation for decades to come.

It isn’t difficult to track both the thieves and the money – this is the computer age and all banking is computer logged – but how can the money be repatriated?  Every €5 million siphoned out of Greece costs 200 new jobs and wrecks the economic prospects of apprentices and students.

Thanks to the deluded 1980 Monetarist trio, Friedman, Thatcher and Reagan and hordes of overpaid, insatiable, financial tapeworms, addicted to obsessive gambling with other people’s money, we live in the era of uncontrolled free global markets. It is GOOD to gouge out money from and wreck your local community and not re-invest. It is good to spread fear and despondency about other countries, ruin their economies – and force them into borrowing their own money back at an unsustainable 7%. Only China, inside its Great Wall, has politely avoided this 30 years of economic insanity.

The Greeks’ stolen Euros can be legally repatriated. The new government can use the existing presumption of “guilty” of tax evasion for all funds siphoned out since 1980. Back-Duty laws will ensure the taxes, interest and penalties amount to the capital exported. In this good task their 600 million fellow Europeans owe the struggling Greeks support. The EU can rip the lids off the global tax-havens via bank-audit-trails (mostly on IBM machines). Now is a good time to start. This will repay all the Greek deficits. Guillotining is optional.

GOD OR GRAVITY? - A QUESTION FOR SUNDAY.

Is there an educated adult on Earth who does not know that the fundamental building force in the universe is Newtonian Gravity? Science does not know what gravity is but knows what it does. It sticks us to the ground, prevents us from flying off the spinning planet, and makes rising from bed into a vertical stance more difficult.

The force of gravity acts centre to centre; e.g. from the centre of the Earth to the centre of the Moon. The calculations have been made so often, so accurately by so many, that they must be correct. Newton’s laws calculate the flights of cannon balls, cricket balls, arrows and inter-planetary space craft, in the real world, with great precision. NASA’s spaceships do get to Mars.

When I descend a shaft dug from London to Sydney, I will fall to the Earth’s centre. However, “All particles of matter attract each other via gravity”; this is how hydrogen gas atoms, the most plentiful universal material, allegedly drift together, compress, and form stars or suns, which, spinning and cooling eventually precipitate planets – like our Solar System. At the centre of the Earth there is a lot of matter above me in every direction. Will it tug me upwards towards it? No, it won’t - because the surrounding forces are equally balanced. I will have to use energy to climb up to London or Sydney. But all matter attracts in all directions – so why does it all insist on trying to fall to the centre? What is attracting it to the centre point?

My idea, Expansion is Gravity (EiG), www.noelhodson.com/index_files/Life-Universe-Everything-8Mar2011.pdf cites unceasing Hubble Expansion of the Universe as the primary driver. Worked backwards by mathematicians, Hubble Expansion is contraction and leads inexorably back to the Big Bang, when at the beginning of Time gravity had compressed (let’s not argue tenses here) the whole universe to a pin-point – a Black Hole - which on expansion became a White Hole (physics has these) which exploded infinite Light, which became today’s universe.  Before the Big Bang was God.

Is there a Mini Black Hole at the centre of all masses (like planets)? Where is all Earth’s rock and iron trying to get to? Science knows that highly compressed matter gets hot – magma and volcanoes – and, even hotter, it changes from matter into super, super heated, super energetic plasma – partway between a gas of stripped down atoms and pure “formless” energy (Light). Does the matter of massive suns and planets strive to exit its tediously long existence via the minuscule event horizon of a Black Hole to return to pure light? Can it only do so by sacrificing its form, through almost infinite pressure? If so, Black Holes convert matter back to energy, to electro-magnetic fields (Light), which, stripped of all previous identity, might broadcast a pure, standard, unvarying, universal radio signal?  

WHERE’S THE MONEY?

Letter to the Guardian.

Guardian reader John Thorpe asks “…but please explain: is the bank just printing money…?” (Letters 16 JUN 12).  The answer is YES.

At base, we – we the people – generate all real-money by agreeing deals – by making promises and contracts with each other, in the real economy. The limit to “money” is real-wealth, real things, in the real-economy.

Banks always and only “just print money”. Banks are essentially 3^rd Parties to our real deals. Banks are bookkeepers. Basic economics says “Money is a means of account and a medium of exchange”. The “account” is e.g. when a UK person sells a bicycle and gets £114 in banknotes, the notes are IOUs that the nation owes the seller real-goods e.g. food or clothes. The banknotes are “bearer bonds” unquestionable IOUs (if you hold them you are entitled to them) from HM Queen via Her Bank. Money is bookkeeping. Money is a symbol of real-things in the Real-Economy. When all citizens agree that we can trust HMQ’s promise to pay – we have Confidence – and use Her trusted IOUs as a “medium of exchange”, instead of making impossibly complex swaps of real-goods-services.

We, in the real-economy, create “money” by working and swapping promises and contracts. Banks are trusted 3^rd Parties to keep accurate records of our promises, to act as valuers to veto silly/crooked deals, and keep the records safe. Do they deserve our trust – or should we shift to another 3^rd Party system – such as a laptop PC? The 2009 Wall St. crash took out trillions of banknotes by de-leveraging. Quantitative Easing has put back a tiny fraction of that lost “liquidity”. Banks and Governments are currently restricting “money” to stop day-to-day transactions – which drives up the value of “money” and drives down economic activity – jobs etc.  Now, far too many spivs fiddle the books, to steal our work and goods. “Money” is real deals. Banks should accurately reflect those deals by replacing our IOUs with HM Queen’s IOUs, at a reasonable cost (interest). Instead they are shutting down the global economy, which suits moneyed off-shore billionaires, at the cost of our and our children’s jobs.

(Mr) Noel Hodson

16 Brookside, OXFORD, OX3 7PJ, UK 

Tel +44 (0)1865 760994

HOW CAN THEY NOT KNOW? GET WITHOUT THEM!

Today’s newspapers headlines shriek in panic “UK warned of debt storm from Europe”. Then tell us that nobody knows which banks, stock-exchanges, financial centres, countries and continents will be ruined by a few amiable hard-pressed Greeks and Spaniards not paying their rents and fuel bills on time.

How can the Chancellors, Treasuries, bankers, politicians, civil servants, economists and financial journalists not know who owes what to whom and when? It is their job to know. It is what we pay them vast salaries to know - and to control.

In other industries, executives know what their rivals are doing; what their contracts, risks and Balance Sheets are. They watch each other to spot strengths and weaknesses and to copy best-practice; except it seems in the easiest of all industries to track by computer – the money-economy.

One good quality laptop with Microsoft EXCEL could hold and publish all the daily Balance Sheets of all the world’s currencies, banks, dealers, wheelers and financiers. The global money-industry has hundreds of huge IBM mainframes – what do they use them for? Cannot these overfed, overpaid executive clowns count? It is only simple arithmetic, simple bookkeeping, not rocket science or brain-surgery. Don’t we pay these dummies enough multi-millions per year? Or are they so busy spending their “rewards” that they haven’t got time to go to work?

As Harold Bailey, who worked from age 12 in the dark-satanic-mills of Lancashire and from 1900 built an electric-switchgear business, would forcefully say “They’re bloody useless. Get without the lot of them!”

15 June 2012.

SIN, THE INTERNET & THE NEXT GENERATION

JIMMY SAVILE - 1,000 COMPLAINTS OF CHILD ABUSE

17TH JULY 2014 - The UK Government has used the public's loathing of child abusers to shoehorn in, literally overnight, a new 1984 Total Surveillance law - DRIP - which requires all telephone and internet providers to retain all records of all telecoms and internet use on all citizens, in perpetuity. And, of course, to give total access to government agencies. This contrasts with German Chancellor Angela Merkel's and EU demands that the US (and the UK) stop meta-data and personal e-spying on family, friends and foes alike.

Conservative PM, David Cameron, insists that he and DRIP are keeping us all safe in beds - safe from Terrorists and Sex Abusers; and that "IF YOU HAVE NOTHING TO HIDE, then you have nothing to fear" - the assurance offered by all mad dictators and secret police. This coincides with a new inquiry into sex abuse by senior UK political figures - allegedly including top Tory figures - who among other unpleasant habits beat and sodomised little boys trapped in government "Care Homes", from about 1950 to date; probably all Friends of Jimmy Savile.

To demonstrate the urgent need for DRIP, UK police have, on the same day the snooping law was passed, arrested 660 UK pedophiles who have been accessing and swapping vile images of abused children. Only 39 of those arrested were previously on the Sex Offenders register. A police investigator for OPERATION NOTARISE said there are 50,000 Brits who use such illegal criminal pornography. An academic expert from UCL, on BBC Newsnight 16th July, claimed that 1 in 6 UK children are sexually abused; which is so unlikely that he ought to check his data and insane calculations.

FUTURIST VIEW - So, what are the consequences? Government will know what all citizens are doing on-line and no records will be deleted. Any attempt to block surveillance and keep business confidential will be an immediate target for zealous snoopers. This will accelerate the growth of the unhackable (so far) INTERNET 2 called MESHNET and other wireless networks. It will also enable TAX COLLECTORS to gather cast iron evidence of tax and money frauds going back decades, which will cause a run on the world's 74 tax-havens. On-shoring will greatly accelerate from now - in 2014. For child-abusers, terrorists and tax-evaders there is nowhere safe to hide.

**************************
As the UK, USA and other governments legitimise their Total Internet Surveillance, the privacy debate heats up.

The untainted self-righteous preach that only wicked people with sins to hide fear routine, constant interception. I am easily persuaded that Internet bullies, trolls, terrorists, deranged psychopaths, financial crooks, organised criminals,  bankers, main board directors, the inevitable alleged gangs of paedophiles who allegedly threaten all our children, bent coppers, dissembling politicians, election riggers, evil gossips, commercial cheats, war mongers, peddlers of fat-killer-foods and other dangerous addictive drugs - and all habitual sinners, should be monitored, punished, banished, beaten, beheaded, have their naughty bits cut-off and be cast into the exterior darkness.

But, one person’s sins are another’s radical rights. Should Islamic Sharia Law govern the Internet? So, I am equally easily persuaded that ordinary citizens have rights to communicate without being spied on; that the Internet is like the road networks that all can travel on without moral judgement; that many governments are malign, much of the time, and cannot be trusted with our personal data; that intrusive corporations will spy on our health, habits, finances, wants and needs and tediously, incessantly target us; that employers and other authorities will secretly auto-judge us via mad-mathematicians’ algorithms and block the progress of all eccentrics.

WHAT WILL HAPPEN? Governments and humans have forever spied on fellow citizens. Whispering conspirators were eavesdropped, letters were intercepted, war radio signals and codes were broken, rooms and phones were bugged, tracking devices put in cars, and etc – and thus many traitors, Enemies of The State and Ungodly Heretics were tortured, burned and otherwise discouraged.  But modern blanket surveillance and data capture is of a different order – and yet is inevitable as long as civil-servants exist and have tax-revenues to deploy. The response will be cyber-war with non-hackable new Internets, evolving to counter each excess of surveillance until a balance is reached between sin and privacy.  As the world is full of loonies, many hearing messages from diverse assorted gods, (about 49.5% are currently deranged) the cyber-war will span many decades – even centuries – until evolution creates The Next Generation – those without Stain or Sin.

WILL THE WORLD RUN OUT OF MONEY?

TO: John Humphrys, Presenter at BBC Radio 4 Today.

CAN GERMANY KEEP LENDING $100 BILLION (s) TO THE EU? 

Robert Peston sidestepped your and all your audience’s question “Can Germany just keep on producing €100 billion …to bail out other countries…  …how much money is there?”

Read these 600 words to gain more understanding than 90% of economists.

The Real-Economy – The Money-Economy – The Knowledge-Economy

Goods, Services – IOU’s, Invoices & Agreements – Currency – Cash – Loans – Interest & Charges – Debt.

You and I agree to trade my house for your BBC IPR Rights & Royalties. This is a Real-Economy transaction/deal which we value at £10M each.  We swap IOU’s. We have just created “Money” and trade. This is the base of all money – real deals between real people for real things of value, noted by ourselves (money). The limitation you ask about is in the existence of real things of value – which are created by human effort and ingenuity. But – we cannot trust /have confidence that each will deliver title and not cheat so we go to a 3^rd Party – the Queen HMQ or Mervyn King or our local Bank Manager who for a price – Interest/Charges – will guarantee our deal to both of us and thus inject Trust and Confidence into our complex transaction. HMQ looks at the deal and finds it to be Fair & Reasonable & Realistic and she buys/ swaps /underwrites our IOU’s for her IOU’s – for £10m Sterling – which “Promise to Pay The Bearer”. These are bank notes /currency/ Bearer Bonds. HMQ has an honest face so we are both reassured, have Confidence and, relying on the intermediate-currency, we process our transaction and each pay HMQ 0.5% for her right royal, sterling services.

ALL money is an accurate bookkeeping process to record such real transactions in the real economy which would otherwise be impossibly complex “swaps” of goods and services. Currency & Liquidity is the amount of personal-home-made IOU’s converted into bank-notes which as “cash” are Bearer-Bonds (who holds them owns the value) or as Cheques /Card Payments are specific to the Parties to the transaction (e.g. you and I swap named cheques, guaranteed by HMQ or her licensed banks).  All these papers are the Money-Economy reflecting the reality of the Real-Economy (the world of work).

We will draw a veil over the crooks, criminals, auditors and swindlers who pervert Trust & Confidence; except to say there is a surfeit of crooked bookkeepers gouging out money tax-free from our august institutions; a bleeding wound which must be stopped.

Is the German fundament /well of currency infinite? No – but it is very deep.  I will swap 100 new BMWs for my house, Confident that I can swap /rent a BMW this week for food or a new coat. Most humans would do that deal – and Germany has a very large capacity for manufacturing reliable goods. We do not count German’s wealth only on what they have in stock-on-hand today – but we have Confidence they can keep on making swappable /tradable nice things – for ever. More conveniently – I will translate my Confidence & Trust into German currency – today the Euro.

Into the calculation of the depths of Germany’s pockets to prop up the EU we must add the entire capacity of the whole of the EU – even Greece makes wine, olive oil and amuses tourists. So Euro Confidence rests on the whole current and future Real-Economy of the whole of Europe – kept working and producing by that fierce and merciless Angela Merkel. As long as the human race keeps working to make things, with the help of automated robots, – the well /flow of money is assured.

The global production of goods and services every year is about US$60 trillion or $17,000 per worker per annum. The 100 billion set aside for Spain is 0.16% of one year’s real-economy – if it is a 10 year deal then it is a mere 0.016% of global production. You may rest easy in your bed – for now.

Follow my blog on these and other future matters:

MY BLOG

http://noelhodson.blogspot.co.uk/

Best wishes

Noel Hodson

REALITY CHECK: The global annual production of goods and services (GGDP) is $60 trillion a year, to supply 7 billion souls – wealth created by a workforce of about 3.5 billion people. $60,000,000,000,000 (60 with 12 zeros) divided by 3,500,000,000 workers (3.5 with 9 zeros) is a yearly production of $17,412 per worker. Most is consumed in the same year. The $18 trillion Tax- Haven cash is 30% of the annual global $60 trillion production. The GGDP surplus p.a. is about 1% - for 30 years siphoned to tax-havens (30 years x 1% = 30%).

SPAIN, SPECULATION & NO MORE SURPRISES !

THE FUTURE FOR BANKERS?  It will be no surprise to people who have read AD2516 that the future for bankers is ZERO. In the future there will be no financial sector. The money-counters and money-lenders will at last be driven from the temple – or, more gently, will be replaced by the ultimate internet, the Q-Field. The inescapable logic is that most goods now and ultimately all goods and services will be provided robotically, automatically by computerised factories and offices. Necessity work will no longer be necessary. Anyone who denies this is a deluded fool.

So who owns and will own the means of production? And who will print money and record our trillions of transactions? At present, about 1% of people own everything, pay no taxes – and are licensed by us to print, distribute, keep safe, lend and collect our money and to be the honest global bookkeepers – and not to steal it all and hide it offshore and lend it back to us via “The Free Markets”. This is a burden of trust they cannot bear. These responsibilities require saintly qualities – in unsaintly, ill-educated, selfish, greedy spivs, crooks, dissemblers, sociopaths and idiots.

“They” are the executives of major corporations and governments at every level. As Wall Street reels, London staggers, China closes its Great Wall, Russian oligarchs defect, Greece melts into medieval times, Spain defaults, Gangsters gamble with (our) off-shore trillions in projects that are rapidly destroying the planet, and, this month, City lunatics upgrade from optic fibre to wireless share & stock trading to gain a millionth-of-one-second time advantage (gambling with our vital shares, commodities and currencies), the Global-Money-Economy disintegrates. It has to be returned to sanity. It has to be globally nationalised and rationalised. As President Obama said “We must put away childish things”. It is time for the world to grow up.

Why and How – in this marvellous age of limitless computer power where all money transactions (bookkeeping) are logged on global IBM mainframes by allegedly intelligent economist executives – are authorities surprised by deficits, “mountains of debt” and “rivers of off-shore cash”? Why does not every organisation publish a daily Balance Sheet that is integrated by The World Bank and IMF into a daily global Balance Sheet? No more surprises.

QED

PS - To: Mrs Trellis of North Wales.  Do not worry! Yes you are made of atoms but not of fissionable atoms and so you are unlikely to explode like a nuclear bomb in the near future.