There is nothing mysterious about the U.S. immigration
crisis, or the presence of twelve million or more illegal aliens, or the fact
that many more are coming to a neighborhood near you.
Yes, you did
the right expose' about the very root-cause of immigration crisis in the United
States. The major question is: WHO IS THE ONE DIRECTLY RESPONSIBLE for this
immigration mess or who is going to employ the solution? To most, immigration
crisis is a kind of intractable social and economic problem but to Social
Crediter or money reformer's mind, we have the alternatives to address this
problem progressively once and for all.
They are coming to the U.S.
because they are human beings who have to eat.
They have to eat because they
want
to live.
Immigrants from the third world nations via legal and
illegal channels have only the option of going to US for survival, for
employment, for better lives or future and for fortunes. That's the only option
they think to survive.
They cannot eat and live in their own
countries because there are no jobs.
Yes, they want and need to eat but
they have no purchasing power to buy the production. Not only the absence of
employment but the real acute dearth of money. Even there is existence of
employment, the daily wage--the money earns by the majority of poor wage
earners is miserably not enough for the daily basic needs, when money is losing is
terribly losing its value in front of the rising prices of basic
needs with the pressures caused by the increasing tax measures as conditioned
by the international bankers. Job and financial insecurity are two major things
that cause miserable lives to the poor third world peoples that force them to go
to US and to other Western nations.
There are no jobs because the
monetary policies of the “Washington Consensus” have wrecked their economies.
Yes, indeed correct, debt-based monetary policies have tremendous
damages to third world economies without any hope in sight until now.
It has wrecked their economies in order to benefit
the financiers who are behind the Washington Consensus,
including the ones in their own countries who act as partners in running the
lending programs that have caused so much damage.
US foreign
imperialistic economic policies of the Washington Consensus are directly
protecting the interest of the global mega-bankers in collusions with the
existing private/foreign/commercial bankers under the the same central banking
fractional reserve system aided by the multinational corporations in destroying
the economies of the third world nations to the point of total dependency to
them, leading to beggary of foreign aid.
So what would be more fitting
that the bureaucrats and politicians in Washington who approved these policies
have the immigrants whose lives they ruined now greeting them with a nod every
morning when they show up to mow their lawns, trim their bushes, and repair their
homes?
Of course these bureaucrats and politicians demonstrate
their superiority over the natives of the third world nations and make them
laborer-slaves.
Not to mention the ones who are clamoring for social
services and amnesty, who march in street demonstrations, who want to bring their
relatives into the country with them, who may be starting to claim that the U.S.
really belongs to them, and some of whom clog the jails of the border states.
Then there are the ones who send billions of dollars home each year to float the
economies of their hapless home nations whose domestic economies are so dismally
poor.
Remittances are nothing to compare to payments of interest
of the third world nations to
IMF and the WB of th erich nations. Money being sent back home to third world
nations is only a leaf from the vine or a drop in the mighty ocean. Remittances
are not a real solution to third world, dismally poor economies.
When I was working at the U.S. Treasury Department there was a
joke:
Question: “What did Davy Crockett say when he looked out over the wall
of the Alamo?”
Answer: “Where’d all them lawn maintenance guys come from?”
Of course, these bucreaucrats can't recognise the non-white peoples. We
feel the sense of racial discrimination.
Of course it really isn’t a
joke, especially when you realize the extent to which illegal aliens who
work for low wages undercut the livelihood of so many American citizens.
So far as I know, the legal or illegal aliens work in the US
for low and discriminatory wage to any work just to survive where most jobs are
not acceptable to Americans. I heard that many Americans refuse the works of the
aliens who are supposed to be their own works or jobs.
Or when you
consider the human misery the illegals suffer from dislocated families, hiding
from the law, being without health care, taking abuse from the criminals who
transport them across the borders, or living every day in marginal or even
subhuman conditions.
These are the big troubles of getting into foreign
countries illegally. Most aliens are not treated with respect and consideration
but cruelties and persecutions or
deprivations hostile to human life.
The Washington Consensus is
the set of monetary and economic conditions imposed through “Structural
Adjustment Programs” on developing nations by the International Monetary Fund,
along with similar arrangements imposed by the World Bank and other Western
political and economic agencies as conditions of receiving loans.
That's why being led by the Washington Consensus- US, and othe
rich-investor-Western-nations are the one in tandem in their pressuring and
imposing economic conditions through SAP to third world nations under the
tutelage and supervision of the IMF and WB and other bilateral creditors--that
cause tremendous and disastrous consequences to poor third world populations in
the process. One example is that 12% Expanded
Value Added Tax or E-VAT in the Philippines originally proposed-imposed by the
US Foreign Economic Policies to Philippine Government through the SAP schemes of
the IMF and WB, and now finally decided by the |Philippine Supreme Court as good
for the economy and now forcefully implemented in the Philippines - and that even
medicines of the poor pensioners and inhabitants have imposed 12% E-VAT on to top
of the medical/medicine prices - on the objective to collect more taxes for
revenues to create balanced budget, address deficits --which are impossible- and
in order to pay the interest to country's huge debts.
The SAPs are part
of a broader neo-liberal economic agenda euphemistically called “free-market
reforms” by newspapers such as the Washington Post. They are the price paid by
countries for loans from the international bankers who control large-scale
lending to their governments.
Yes, that's exactly correct, however in addition, the
newspapers like Washington Post are like intellectual prostitutes being paid too,
who are adding insults to heavilly indebted third world nations.
Such
programs have deep historic roots. The IMF and World Bank date from the Bretton
Woods agreements at the end of World War II. While these agreements aimed at
stabilizing the world monetary system and established the dollar as a de facto
world reserve currency, they had an underlying intent to ensure a positive trade
balance for the United States in order to maintain the full employment economy
brought about by World War II.
As we can see the world reserve
currency are almost dollarised while the third world nation economies are being
wrecked to despair.
All the world’s nations were expected to be part
of this system. When the Soviet Union refused to participate, giving precedence
in the process to U.S. objectives, we declared the start of the Cold War.
In fact all the world's nations were pressured to conform.
USSR had the right to refuse and I think USSR did something in the history when
it used its own central bank facilities to create money debt free in rubble
rather than borrowing from the IMF and WB but reportedly encroached by the
international financial machines.
The IMF’s SAPs include privatization
of public resources and utilities, removal of barriers to investment by
transnational corporations, the sale of state assets, elimination of price
controls and subsidies from
consumer markets, lowered business taxes, and layoffs of state employees.
THESE ARE NOW IMPLEMENTED IN THE PHILIPPINES. MOST PUBLIC
INSTITUTIONS HAVE BEEN ALREADY PRIVATIZED or sold out. Banks, energy, power
bases, insurances, in fact giving more priorities and protections to investments
of transnational corporations, etc. as the effects of huge foreign debts.
Then there are free-trade agreements such as NAFTA which has
destroyed Mexican family agriculture.
So far as I read and learned,
NAFTA has caused tremendous damages to South American countries.
The conditions also include a shift of indigenous economies to the
production of export
commodities, away from local self-sustaining agriculture and small business.
yes the conditions and impositions of exporting products
from third world are also a kind of crime to earn every dollar to pay interest at
the expense of the destruction of the indigenous economic environment, and thus
discouraging the local and rural development of the indigenous peoples.
Globalization destroys indigenous economies to beggary and death.
This is another case in point: THE PHILIPPINE GOVERNMENT
PRIMARILLY PROTECTS THE FOREIGN INVESTORS BUT DISCRIMINATE THE FILIPINO
INVESTORS. FOREIGN INVESTORS DO NOT COME TO THE
PHILIPPINES TO DISTRIBUT PRODUCTS AND MONEY BUT TO MAKE PROFITS USUALLY
AT THE DESTRUCTION OF HUMAN LIFE, ENVIRONMENT AND CULTURE. TAKE A LOOK OF THE
MULTINATIONAL CORPORATIONS ENGAGED IN PROMOTING PRODUCTS HAZARDOUS TO OUR
ENVIRONMENT, THE DRUG COMPANIES THAT KEEP THE POPULATION IN THE BONDAGE OF
DISEASES, THE VACCINE INDUSTRIES THAT MAKE BILLIONS OF PROFIT TO MAKE THE
POPULATION INTO BELIEVING THAT VACCINE PROTECTS AND PREVENT DISEASES WHERE IN
FACT HAPPENS THE CONTRARY.
This typically results in a mass
exodus from rural areas to urban slums and causes
poverty, unemployment, and crime.
Because of the utter
negligence of rural development and the absence of supports for local sustainable
economic programmes, the poor farming families move to urban areas for
employment-that oftentimes giving more problems of hopelessness, yes, dire
poverty, hunger, unemployment, beggary and not just petty crimes but inevitably
heinous crimes.
These financial programs benefit the local educated
elite who work with the Western agencies and global corporations but cause a deep
and permanent stratification among social classes.
In the
Philippines, “(M)ost of the theorizing on economic development
has been done by economists who lived and were trained in the Industrial West.
This is another problem: MOST OF THE ECONONOMISTS THAT
DICTATE ECONOMIC FORMULA TO PHILIPPINE GOVERNMENT WERE TRAINED IN THE WESTERN
WORLD BASED ON DEBT FINANCE OR ORTHODOX ECONOMIC SYSTEM THAT ONLY PROPOSE FURTHER
DEBTS AND INCREASED TAXATION.
Some… “in fact, have written about underdeveloped
countries before they have seen them, and others --- although they may have
visited an underdeveloped country – write as if they have seen only the capital
and perhaps a few of the other major cities… Almost all these economists and
writers on the poverty of nations…” … have suffered from two serious
handicaps: lack of knowledge about the broad historical forces associated with
underdevelopment and ignorance of the institutions, behavior responses, and ways
of life of the largest
sector within the underdeveloped countries, the
rural areas… It is almost certain that once additional evidence is
accumulated many of the theories of development proposed in the last two
decades will have to be abandoned” (Reyes as cited in Bautista et. al. 1993:
249).
HENCE, WESTERN-BASED EDUCATED ECONOMISTS WITH
COMPLICATED ECONOMIC THEORIES ONLY MAKE MATTERS WORSE.
The results have been the same everywhere in the world,
particularly among the nations of Latin America, Africa, Southern Asia,
and Eastern Europe. Everywhere the standard of living suffers for a majority of
the local people. Now a worldwide crisis is developing, as the International
Labour Organization reports that global unemployment has never been higher.
WE ARE NOW APPROACHING THE APOCALYPTIC ECONOMIES FOR ALL NATIONS UNDER
DEBT FINANCE.
Developing nations are susceptible to this exploitation
mainly because they have no independent monetary system. Most use the U.S. dollar
as a reserve currency, which then feeds into the fractional reserve banking
system that is operated by branches of banks headquartered in the U.S., Canada,
Europe, and Japan.
“Since the 1970’s, the Philippines was placed under more than twenty economic
stabilization adjustment programs. Between 1971 and 1985, rural poverty climbed
from 56% in 1971 to 64% in 1985”…
WE ARE NOT ONLY
DEBT-DEPENDENT BUT ALSO IN THE DREAFUL TRAP AND DUNGEON OF POVERTY WITHIN THE
SPAN OF THESE DEBT-REGIME YEARS.
MOST ECONOMIC THEORIES ARE FALSIFIED SUCH AS THE STRUCTURAL
REFORM ECONOMIC DOCTRINES OF THE IMF AND WB, IMPOSING THE 12% EXPANDED VALUE TAX
TO THIRD WORLD HUGELY INDEBTED NATION. POLITICIANS AND GOVERNMENT LEADERS JUST
NOD, OTHERS IN COLLUSION FOR PERSONAL VESTED INTEREST.
Poverty precipitates underdevelopment. Hemmer (1987)
argued that underdevelopment is caused by: a) insufficient factor endowments
(like natural resources, land, labor, capital, technology, etc.’ b) dualistic
economic structures where a governing elite dictates the factors or conditions,
the type and speed of development; c) international
economic relations (e.g., globalization and information-communication-based
society; d) and unequal income distribution.
Pope John
Paul II observed: “The Third World countries are getting poorer, while the First
World richer. The former get the wealth, the latter debts” (Sollicitudo Rei
Socialis)… “The conditions have become notably worse”… (Centisimus Annus).
The United Nations Development Program reported these
chilling realities: 1) “In the past 30 years, the share of the global income
of the poorest 20% of the world’s people declined by 2.3% to 1.4%. The share
of the richest 20% rose from 70% to 85%. 2) People enjoying per capita income
growth of at least 5% a year grew more than double, from 12% to 27%, while those
experiencing negative growth decreased more than triple from 5% to 18% during he
past three decades. 3) The assets of the world’s 358 billionaires exceed the
combined annual incomes of countries with 45% of the world’s people”… (1996 UNDP
Human Development Report). “The assets of the 358 richest people are more than
the combined GNP of all least developed countries”… Around “1.3 billion people
are in absolute poverty, earning an income of less
than $1 a day. 4) Some 900 million people do not get enough food, with
about 800 million people malnourished”; each day, 34 young children still die
from malnutrition (and diseases”). 5) Seventeen (17) million each
year die from curable infections and parasitic diseases, such as diarrhea,
malaria and tuberculosis; nearly 18 million HIV-infected people live in
developing countries; nearly 1.3 billion people do not have access to clean
water. 6) More than 850 million people live in areas that are in varying
stages of desertification,
and the rate of tropical forest are degraded or cleared.
When “(T)he financial crisis of the early 1980’s came”, most
companies went bankrupt. “the control of those highly indebted to government
financial institutions (GFIs) were transferred to GFIs such as the Philippine
National Bank (PNB) and the Development Bank of the Philippines (DBP). By
default, the government became the owner of numerous unwanted private
corporations” (Ibon, 31 May 1988 as cited in Ibon Facts & Figures, 30 April 191). Under the Aquino regime, “(T)he
government assumed not only foreign debts but domestic loans incurred by ailing
local banks and corporations” (Cuaresma n.d. 188). “Commercial debt in the amount
of $ 16.184 billion accounted for 50% of the total foreign debt stock… The
Presidential Commission on Good Government and the Senate Blue Ribbon Committee
have identified a host of these loans as behest loans” (Cuaresma n.d.: 179).
“Foreign
banks share part of the blame. While the national debts of poor countries like
the Philippines mushroomed into the billions, these
banks continued to give loans liberally knowing that the money would eventually
wind up back in their vaults through deposits of Third World dictators and
their cronies… (F)oreign banks involved in money laundering include “Citibank ,
Chase Manhattan, Morgan Guaranty”… “The Freedom from Debt Coalition has
documented at least six fraud-tainted loans involving about $ 2.6 B. Non-Marcos
cronies who failed or did not yet pay their respective loans are: 1) Ex-Tourism
Sec, Jose Antonio Gonzales, a close ally of Mrs. Aquino, to the tune of not
les than Php 5 billion loans from various banks… “He spent Php 2 billion for the
financial requirements of Mimosa Lexture Resort, a Golf Course, and the
development of a prime piece of property inside Clark Air Base. Shockingly “the
bigger part of the loans was converted into hard American currency and stashed away in his real motherland, Spain, where he is said to
own a villa and a yatch”. And yet, Mimosa owes Clark Development Corporation more
than Php 500 million in arrears for the lease of he area. His is not to mention
the other millions Gonzales was secretly able to borrow from the Philippine
Amusement and gaming Corporation” (Pil. Star, Jan. 18, 2001).
The local nations pay a heavy price for this service, not only
through payment of market interest rates but also because banking profits leave
the country for the financial centers elsewhere. Foreclosures and bankruptcies
also result in a migration of
property ownership outside the country.
We are now heading for
economic hell.
But change is stirring. Venezuela, for instance, has
dropped out of the IMF and the World Trade Organization and plans to make its own
way using funding from its oil revenues. Other Latin American nations are
beginning to work with Venezuela as well as with Russia and China in locating
alternative funding sources. China is replacing the IMF in some African countries
by providing loans without conditions using dollars acquired from the U.S. in
trade.
Yes, something like a kind of best financial-economic
alternatives.
The solution: The Philippine government and the people
must be united
now to face up against debt money system of the International Finance
instead of
concealing it behind a conspiracy of
silence and cooperation with
international financiers.
“THE STATE SHALL DEVELOP A
SELF-RELIANT AND INDEPENDENT NATIONAL ECONOMY EFFECTIVELY CONTROLLED BY THE
FILIPINOS.” – Article II, Sec. 19 of the 1986 Philippine Constitution.
We extremely need a complete and radical departure from the
prevailing debt-based monetary system-a ravaging disease of the First World
nations which is
causing a global catastrophe to human life endangering
hundreds
of millions of poor third world peoples in
the 21st century. Can we allow this
to happen?
What we need now is to be free from the
slavery to
the
international financial agencies and policies. We must obey God's laws of
justice. We must promote Social Credit Monetary Reform policies
that can give
guaranteed security to the families and
children, to the sick and to the disabled
from the cradle to the grave. We must
uphold the importance of justice.
It is likely that the Washington Consensus will eventually disappear as
the rest of the world grows up and realizes that the victor of World War II
cannot keep everyone else under their thumb forever.
Yes, but this must
be done according to the principles and proposals of Social Credit monetary
reform policies. WHAT WE NEED TO REFORM IS THE
PRESENT FINANCIAL SYSTEM.
The big question is whether the U.S. will
go down fighting by attempting to control the rest of the world by force of arms,
as it is now doing in the Middle East, or will it find a way to adapt to the new
realities and live as a partner in peace with other nations and peoples.
USA IS IN GREAT DILEMMA! I think US GOVERNMENT MUST CONSIDER YOUR MONETARY
REFORM PROGRAMMES IN LINE WITH WITH AMI AMERICAN MONETARY REFORM ACT to find the
best way to adapt to the new realities and exist as a partner in peace and
democracy with other nations and peoples. BUT LIKELY THE US ELITES, THE BANKERS,
MILLIONAIRES TO BILLIONARES, THE POWERFUL IN AMERICA SEEM TO CONTINUE THE
BUSINESS WARFARES AND MILITARISM to continue to control the rest of the world by
arms, intimidations and economic
blackmails.
One thing is certain. The only way to stop the flood of
illegal immigrants from completely overwhelming the U.S., Canada, and Europe is
for these nations to help their less fortunate brethren become prosperous. This
means abandoning the Washington Consensus and giving up the claims of the Western
financiers to near-total domination of worldwide resources.
ABSOLUTELY
CORRECT. PRACTICALY, THERE IS A NEED TO ABOLISH IMF AND WB, each country must
create its own money debt free and implement Social Credit DIVIDEND AND EXTRA
BASIC INCOME PROVISION TO EVERY CITIZEN.
It means, above, all, helping
developing nations establish monetary systems that can unlock the productivity of
their own people, minerals, and land. The problem is that the U.S. and other
developed nations themselves do not have democratic monetary systems.
WE NEED ECONOMIC DEMOCRACY. MONOPOLY OF CREDIT MUST STOP and can only be
possible through monetary reform act by legislation backed up by the people.
THERE IS A TREMENDOUS NEED FOR EDUCATING AND MOBILISING THE PEOPLES IN THE THIRD
WORLD TO CORRECT THE PRESENT DEBT-BASED MONEY SYSTEM.
They too are suffering
from their own overhang of massive amounts of unpayable debt due to their own
fractional reserve banking systems that benefit the financial elites at the
expense of their own populations.
THE FRACTIONAL RESERVE BANKING
SYSTEMS OF THIRD WORLD CENTRAL BANKS ONLY EXIST FOR THE PROFIT-MINDED BANKERS,
ELITES AND UNDER THE CONTROL OF WORLD'S CENTRAL BANKS protecting the
interest of the IMF and WB.
In fact the average citizen of the more
prosperous nations is growing poorer every day and coming more and more to
resemble economically the immigrants who are threatening their jobs.
THIS IS ANOTHER shameful TRAGEDY AS A RESULT OF DEBT-BASED MONEY
SYSTEM CREATION. THE DEBT MONEY SYSTEM IS A RAVAGING DISEASE infecting to all
nations on earth with irreparable damages to all humanity.
Wrapped
around the souring of the debt-laden national economies is the worldwide
financial bubble that every responsible analyst knows must deflate. The answer is
not the so-called “soft landing,” which in reality is a “controlled” worldwide
financial crash that could last a decade or more, with the rich having the inside
track on laundering and harboring
their assets.
and the vulture funds are operating to cause more
economic miseries to poor inhabitans and nations on earth.
Instead, the
author has written a series of recent reports based on over twenty years of study
with the U.S. Treasury and the monetary reform movement. This program explains
how the U.S. can establish a new monetary system using American constitutional
principles that would treat credit as a public utility rather than the private
playground of the monetary controllers.
THIS IS THE BEST PROGRAMME
needed for the US government to employ to save the US economy and the American
people.
These principles could be applied by developing nations as
well.
yes, absolutely, though with modifications.
Once these
principles were adopted, countries could build healthy, productive indigenous
economies based on maximizing self-sufficiency and participating in regional and
worldwide trading systems that benefit all parties. Then there would be no reason
for millions of people to risk their lives, health, and social well-being to flee
the deadly poverty of their homelands for the marginal poverty they find here.
There really is no other answer.
WITHOUT CORRECTING OR
REFORMING THE PRESENT DEBT-FUELLED MONEY SYSTEM, there is no hope in the world.
FOR SURE, WE ARE
EXPECTING APOCALYPTIC FINANCIAL-ECONOMIC CIRCUMSTANCES.
THE EFFECTS, THE CONSEQUENCES AND REPERCUSSIONS OF DEBT-CORRUPT-BASED ECONOMY
AND NASTY-MUDDY POLITICS ARE ALREADY INTOLERABLE, CONDEMNABLE AND CURSABLE MORE
THAN EVER!
We must
denounce the present system and build up a new one where money is created debt
free for the benefit of all humanity.
Most promises of
the existing politicians and political parties are BANKRUPT, having false
promises and false hopes. There can be no real independence without financial
independence. There can be no any real and guaranteed economic democracy
and security to every citizen without rectifying the present financial-economic
system.
THERE IS A CALL AND CHALLENGE TO ALL TO
STUDY SERIOUSLY THE SOCIAL CREDIT MONETARY REFORM POLICY.
Richard C.
Cook is the author of Challenger Revealed: An Insider’s Account of How the Reagan
Administration Caused the Greatest Tragedy of the Space Age. A retired federal
analyst, his career included stints with the U.S. Civil Service Commission, the
Food and Drug
Administration, the Carter White House, and NASA, followed by twenty-one years
with the U.S. Treasury Department. He is now a Washington, D.C.-based writer and
consultant who helped draft model monetary reform legislation for the American
Monetary Institute. His book on monetary reform, We Hold These Truths, will be
published later this year. His website is at www.richardccook.com. His
articles on monetary reform have appeared on Global Research, Dissident Voice,
the Arizona Free Press, and elsewhere. 
Eric V. Encina to
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