Tag Archives: Sovereign wealth fund

ARE WE ALL INCAPABLE OF ACTING AS ONE ?

09 Friday May 2014

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The Asteroid is on it final countdown before hitting earth causing a terminator-style annihilation.

Most of us have seen a Science fiction Movie with this scenario.

Did you ever try to list the reasons why it is impossible for man to act as one. A very interesting exercise of imagination and fact.

Here is my first attempt at a few reasons

Our DNA demands Survival.  Greed.

We are caught in a vicious cycle of Fear, Rage, and Appetites that cry for instant gratification.

We are the agents of the very changes that are throttling us.

We are inventing a world of which we are altogether ill fit to live on.

Complex languages.  World Organisations that compete against each other.

Intelligence. In ourselves, we may finally have met our match.

There is an Evolutionary force to which we cannot adapt.  The web.

Perhaps we will simply morph into Cyber sapiens,* a new human, infinitely more intelligent than you or I are, perhaps more socially adept, or at least able to juggle large tribes of friends, acquaintances, and business associates with the skill of a circus performer. A creature more capable of keeping up with the change it generates. To handle the challenges of time shortages and long distances, Cyber sapiens may even be able to bilocate or split off multiple, digital versions of themselves, each of whom can blithely live separate lives and then periodically rejoin their various digital selves so that they become a supersize version of a single person. 

 A lack of biological constraint may become the defining trait of the next human. We will almost certainly become augmented versions of our current selves.

Our newfound capabilities might become more than we can handle. Will we evolve into some version of comic-book heroes and villains, clashing mythically and with terrible consequences? Powers like these give the term cutting edge a new and lethal meaning. And what of those who don’t have access to all of the fresh, amplifying technologies?

Should we not being guarding  against a world of super-haves and super-have-nots? It is these sides of the equation I wonder about most.

 

 

THE SCRAMBLE HAS BEGUN-IS SUSTAINABILITY STILL POSSIBLE

08 Thursday May 2014

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We are all living in an age where the word Sustainability more typically lends itself to corporate behaviour.

The question is whether civilization ( what ever civilization mean these days) can continue on its current path without undermining prospects for future well-being.

Can humanity alter current behaviors that are leading to self destruction.

The North America’s Iroguis had a proverb ” We have not inherited the earth from our fathers,we are borrowing it from our children.

So what’s going on? and can it keep going on in this way, on this scale, at this pace.

It will almost certainly take more cooperation and more sharing that we can imagine in a world driven by competition and individual accumulation of wealth.

Societies are unlikely to enact policies and programs that favor the future, at the expense of people living in the present, especially the poorer among us.  We have little choice but to give priority to the needs of human beings alive today.

On the other hand we classify ourselves as a Smart and adaptive species which might explain why so many important economic and environmental trends seem headed in conflicting and even opposite directions. 

To help with measurement, we should look without blinking at what is unsustainable—at practices and patterns that,  if we don’t stop them, will stop us.
The rarely voiced reality of environmental unsustainability is that we may have not just less prosperous and comfortable lives in the future but shorter and fewer lives altogether.
If it proves too challenging to feed the projected 2050 world population of more than 9 billion people, for example, it is quite possible we will not have to—for the worst of reasons.
The same can be said of “business-as-usual” greenhouse gas emission scenarios: by the time global thermometers register a hike of 4 degrees Celsius, business-as-usual will have ended a long time ago.
So to answer the Question.  It is my belief that we are all incapable of Sustainability, due to Greed.
The only way is to harness greed into contributing by Placing a World Aid Tax or commission on all Stock Exchange transactions world-wide.
This will creating a sustainable fund to distribute wealth to tackle the present day unsustainable inequalities in the world.
   

SOVEREIGN WEALTH FUNDS MUST BE REGULATED.

06 Tuesday May 2014

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ALT

BY THE YEAR 2015 SOVEREIGN WEALTH FUNDS ARE PROJECTED TO REACH $15 TRILLION.

If we and our governments don’t wake up to these funds and get away from the perception that they are as Saviors of the Western Financial system they will not only privatize everything, but they will lay the foundations for future world conflicts.

At best globalization is a lopsided process.

Why should we allow governments to transfer ownership of business, public services and national resources to the Private sector by sales in whole or part to foreign government – controlled firms or Investment Funds.

There must be a comprehensive International Agreement governing all types of cross-border investments by Governments.

You only have to look at the recent sale of the Royal Mail in the Uk a national asset.

Abu Dhabi Investment Authority, billionaire investor George Soros and activist hedge fund Third Point were among the 16 investors given preferential treatment.  City fund manager Threadneedle received the highest allocation – about 19.5m, equivalent to a 2% stake – and Third Point, the US hedge fund led by activist investor Daniel Loeb, the smallest at 5m – 0.5% of the company.

The list of 16 priority investors included strange beasts who would not fit anybody’s definition of cuddly, reliable, long-term types. Long term my arse they cashed in.  Even the investment arm of the government’s advisers at City firm Lazard had made an £8m profit selling shares in the first week. The privatisation rush will cost taxpayers dearly.

Now I know that there are more pressing problems in the world, wars, starvation, climate change, inequality, technology wast lands, most of which can only be resolved by applying a World Aid commission on all stock exchange transactions.

This which can only be achieved by people’s power demanding such before we are all commodities.

 

THEY ARE PLUNDERING THE PLANET

26 Saturday Apr 2014

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High consumption levels and over exploitation for the sake of profit is continuing to destroy our beautiful planet.

I can hear you saying so what is new.

Nothing I suppose.

But anyone with any intelligence is and should be by now realizing  that with Climate Change we have constructed a materialistic civilization  that is addicted to ravishing its life support system.

The question is. Why is it that we seem unable to agree a plan?

The simple answer is the fear of profit impacts.

What is driving this fear? Unadulterated Greed.

This greed in recent years has taken a new form call Sovereign Wealth Funds.

These are State backed investment bodies that are roaming the globe in search of Profit.

Investment funds that are threatening the hierarchy of legal authority and if not capped will convert all our efforts to combat the ills of the world into commodities to be sold. Air, Water, Energy, CO2 Credits, you name it.

A Sovereign Fund by its definition behaves no different from the state it is appendix.

With such concentrations of economic power they subvert the power of civil rights and human rights.

There is no distinction between state and private interests. No one knows who takes decisions within SWF’s or what criteria they have other than to make profit.

If you think that in the Arab world ( where billions from oil revenue are in these Funds ) there are no contracts on an institution to institution, state to state, or enterprise to enterprise all are a person to person, not to mention Russia or China you would have reason to fear the Privatisation of the Globe by these Funds.

They are not going away but are becoming an increasingly powerful actor in the International Political System and world economy.

In developing Countries they are replacing the World Bank and the IMF ( which might not be a bad thing as both are somewhat dysfunctional in a World economy that is run by computer software programs)

They are now major players in the market economic power struggle using economic globalization ( which does not exclude private market participants from its system) to freely move capital around the world.

You can imagine what is going ( if it is not already happening ) to happen to countries that don’t have capital wealth.

These funds are taking on the characteristics of large aggregation of private economic power for profit for profit sake.

I am sure being Sovereign that they are not subject to tax on their profits. strong>

 

THE FATALISTIC PULL OF CAPITAL ACCUMULATION.

24 Thursday Apr 2014

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The bankers, the CEO’s are not vulnerable to the vote of the common people.
(which they both pay for)

In allowing the continuing privatisation of the Planet uncontested by any rival you might be leaf to think that 9/11 put god’s stamp of approval on Capitalism as a way of life.

But when you look at Africa you might ask is Capitalism turning it into the recycling bin of the world.

We are living in a system that can never be satisfied no matter what we do.

It seems that the entire neoliberal system is held together by what appears to be common sensical myths and deceits all happily coexisting in the commodification of our daily life.

Massive growth of corporate power; globalization is not as some abstract, independent, natural development process, but rather a ruthless, corporate driven extension of commodity production.

It knows of no boundaries or limits to its grand designs, to its gathering of wealth, privilege and power.

Reshaping every dimension of human activity, it is intensifying social divisions which will result in a nightmarish world, with the spread of ecological devastation that recognizes no territorial or cultural boundaries.

Most people, however remain in a state of numbing resignation.

This may be true, but if we are to reevaluate the meaning of democracy we must find a way of making Capitalism responsible.

No better place to start than with Sovereign Wealth Funds capitalism’ s suicidal attempt to colonise nature, and privatize the world. It proceeds as yet unchecked.

I have said in previous blogs that we are incapable due to the God of Greed to acting as one.

If we do not cap the activities of these funds there will be nothing left that you can call FREE other than God.

AS IF WE DID NOT KNOW IT – CAPITALISM AND CLIMATE CHANGE ARE INCOMPATIBLE

21 Monday Apr 2014

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There is no economy without the environment.  For that matter there is no anything.

By this I mean there’s is no question about it, if we turn a blind eye that is what we will have –  Nothing.

There is no need for absolute knowledge for science to come to this truth.

Common Joe Soap can tell you.

There are no thresholds when it comes to Nature.

The Downwinders ( people who have been exposed to fallout from nuclear tests) found out that there is no such thing as teetering on a threshold.

We are being told that the two big ice sheets on the globe are melting.

So for crying out loud are we all sleepwalking.

Like when we obliged the Large global Oil companies by putting a Tiger in our tanks that turned out to be tetraethyl lead a nasty environmental toxin.

Science is about a gradual convergence on the truth. Capitalism is about Profits for profit sake.

At this point it is irrelevant what the scientists don’t know we must a new creationist strategy to tackle climate change. This change can not be achieved without removing poverty in all its forms along with all our other World problems caused by man’s Greed.

We must stop the privatisation of the planet by Sovereign Wealth Funds, and get capitalism to pay for what we value by placing a World Aid tax on all Stock Exchange transactions world-wide. ( see Previous Blogs)

WE MUST STRIKE A BLOW FORWARD INTO TIME:

15 Tuesday Apr 2014

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I am the first to admit that there are more qualified to comment on Capitalism in the age of Globalization.

But here is what I see.

The age of Globalization and new technologies is profoundly reconfiguring Institutions fundamental to processes of governance and accountability ( for lack of a better words) in our modern States.

If you don’t believe me just look at  Crimea, the Ukraine, Egypt, Syria, Iraq, Iran, Afghanistan, Pakistan, Sudan, Lebanon, Israel, Palestine, Somalia, Algeria,Tunisia, Chad, Burma, and on and on we go all being destabilized.

Why?

Because Economic globalization has transformed the territoriality and sovereignty of the nation-state.

The term Sovereignty, has a long history. From Aristotle to the UN Charter.

Globalization has had a short history as a ruthless corporate-driven extension of commodity production. Solidifying its hold over Institutions, labor, culture, and our very own lives. Now turning into a deadly cycle of terrorism and militarism.

The unbridled capital accumulation of Sovereign Wealth Funds will spread ecological devastation as they recognize no territorial or cultural boundaries.  Devoid of any meaningful social ethics or planning mechanisms they are rapidly becoming the new terror spreading toxic contamination of water, air ,soil, food with global warming with resource depletion, ravaging Nature.

There can no longer be any doubt that their short-term objects of profit for profit sake are in direct conflict with the long-range survival – as human beings – of everyone on Earth.

Representing what I call Corporate colonization they are close if not already totally out of control while the wretched of the earth continue to increase with Poverty turning to Inequality.

I have said in previous blogs that we are incapable of change and that the only way we will affect change is to make greed pay by taxing all Stock Exchange transactions world-wide. We must pay for what we value. The only way to achieve this is for a people’s resolution to reform OUR WORLD ORGANISATION  SUCH AS THE  UNITED NATIONS , THE WORLD BANK, THE IMF ALL NEED REFORM.

  

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Thank you for your response. ✨

Not a day goes by that we don’t hear or read of new technologies of the information age. 

 

 

 

 

 

IF WE WANT IT WE MUST PAY FOR IT.

13 Sunday Apr 2014

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For as long as I can remember I have being hearing FOUR words——

POVERTY
CONSERVATION
EXTINCTION
CORRUPTION

THEY HAVE NOT GONE AWAY, BUT ALL HAVE TAKEN ON EXTRA BAGGAGE AND BECOME ATTACHED TO EACH OTHER.

It is said that poverty is improving with a massive reduction mainly due to economic growth in China and India. $5 to $7 a day. It now being replaced in the middle classes by inequality.

We are told by Climate Change experts that Extinction is getting closer and closer.

Corruption in all its disguises is here to stay.

Conservation: plagued by the above is fighting a losing battle.

But the good news is that there are two new words on the block.

Data.

Privatisation.

The amount of data stored is doubling every eighteen months.

Privatisation. Has little interest in Poverty or Conservation, but has a self-interest in Corruption and Extinction.

So where do we stand?

The title to this blog states the position.

If we who are now connected by all don’t Pay for what we value we have a world not worthy of our technology advances.

We must make a Tree, a Tiger, Air, Water to valuable to be exploited for Profit.

By placing a Tax or World Aid Commission on all Stock Exchange transactions world-wide we can fund the changes needed to pass on a Globe of Beauty.

Human rights are rights inherent to all human beings.

01 Tuesday Apr 2014

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We wake up in the morning and live our own lives.  The life you have being born into.

But why not have an impact on how the future turns out.

So take the first step on to the pages of History and join a movement to get the United Nations to pass a world people resolution to fight inequality by placing a 0.007% world aid tax on all Transactions in all the stock exchanges of the world.

The nineteenth century witnessed the evolution of an international Economic order, which has led to profound change in the balance of the Haves and the Have not’s of to-day.

The next century is well on the way to Privatizing all earths resources.

More than in any time on earth we are interacting. It is not surprising that the divergences of our life styles is causing problems. Around the clock news links us all and our every movement is monitored to see what we are up to.

Data trading to predict what we are up to is going to be big business.  Is big business – Twitter, Facebook, Google It.

Once upon a time before time was invented harmony existed until the Farmer arrived. Grow one for sustenance, two for gain, three for security,four for power, five for status, six for greed and so on.

More and more rich countries are now setting up Sovereign Wealth Funds to exploit for profit sake the resources that belong to all of us. If we turn a blind eye we’re all going to end up buying Bottled water, bottles fresh air, censored knowledge. In other words our right to live our diversified lives.

“Human rights are rights inherent to all human beings, whatever
our nationality, place of residence, sex, national or ethnic origin,
colour, religion, language, or any other status. We are all equally
entitled to our human rights without discrimination. These rights
are all interrelated, interdependent and indivisible.”

These rights are now being commoditized and are on a collision course with everyday life and data collection.

WHETHER YOU HAVE THE GOOD FORTUNE OR NOT ITS YOUR LIFE TO DO WHAT YOU PLEASE WITH IT.

A window is now open with the power of the smartphone, the web, social media, to change the balance of power, to voice our rights, and stop the world turning into one big shopping mall.

 

 

 

THE PLAN

26 Saturday Oct 2013

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The PLAN.

STAGE ONE:               CREATE A NEW WEBSITE

NAMED FOR EXAMPLE

SMART PHONE WORLD POWER.

OR.                 THE UNIVERSAL SMARTPHONE MOVEMENT

MAKE A DIFFERENCE WITH YOU SMART PHONE

THE OBJECTIVE OF THE WEB SITE.

1) TO FORMULATE; A PEOPLE’S OF THE WORLD UN RESOLUTION.

Example:

WE THE PEOPLE OF THE WORLD (THE SPONSOR’S) MOVE THAT THE SECURITY COUNCIL ADOPT THE FOLLOWING DRAFT RESOLUTION.

THE UNITED NATIONS ON BEHALF OF THE WORLD’S PEOPLE IT REPRESENTS CALL ON ALL OF THE WORLD STOCK EXCHANGE ORGANIZATIONS TO IMPLEMENT AN

WORLD AID COMMISSION OF 0.00001%

ON ALL STOCK AND CURRENCY TRANSACTIONS AND SOVEREIGN WEALTH FUNDS ACQUISITIONS.

2)      TO COORDINATE/INFORM THE WEB SITE FOLLOWERS/SUBSCRIBERS. AS TO HOW AND WHEN AND WHERE TO SEND THEIR E MAILS OF SUPPORT.

MONITOR RESULTS.

GIVE A WORLD PLATFORM FOR DEBATE/DISCUSSION / SUGGESTIONS ON WHERE TO DIRECT PRESSURE NEXT.

THE DRAFT RESOLUTION WOULD SPONSOR:

A NEW UNITED NATIONS AID PROGRAMME: WITH ITS OWN WEB SITE AND DEDICATED TELEVISION STATION.

TO REPLACE THE EXISTING WORTHLESS INEFFECTIVE BEGGING PROGRAM THAT WE SEE APPEALING TO THE WORLD FOR FINANCE WHEN EVER THERE IS A NATURAL DISASTER.

THE NEW PROGRAM WOULD BE SELF FINANCING – TOTALLY TRANSPARENT.  NOT SUBJECT TO THE HUNDREDS OF PRESSURE NCO GROUPS AND THEIR LIKE.

HOW CAN IT BE SELF-FINANCING: By tapping into the one thing that Capitalism has at its heart Unrestricted Greed. I LET YOU DO THE MATHS.  0.00001% OF

 Trading in foreign exchange markets average                $5.3 trillion per day.

(Ref: Wikipedia April 2013)

World stock market Capitalization

(Ref: Dr Mark J Perry, A=IDEAs Jan 2013)                          $ 54 trillion.

Top 36 Sovereign wealth funds (SWF)                                 $ 6 trillion.

(Ref:Global Finance 2012 Rankings)

I RECOGNIZE AT THIS POINT AND TIME THAT THE PLAN LEAVES MANY QUESTIONS UNANSWERED:

 THIS SECOND POST IS INTENDED ONLY TO OUTLINE THE CONCEPT. THE NEXT POSTS WILL ADDRESS IN MORE DETAIL THE WORKINGS OF THE PLAN. 

 WHY A DEDICATED TV CHANNEL?

WHO WILL RUN THE WEB SITE?

HOW WILL THE FUNDS BE USED?

HOW TRANSPARENCY WILL BE ACHIEVED.

HOW CORRUPTION WILL BE STAMPED OUT.

WHO WILL RUN THE NEW PROGRAM?

HOW WILL THE PROGRAM DECIDE WHAT AID PROJECTS TO SUPPORT

ACCOUNTABILITY.

 It is said that when God revealed his holy name to Moses he said EHYEH ASHER EHYEH.

“I am what I am” PERHAPS TO BECOME our battle cry.

 “ You have just receive an e-mail/notification the first of billions from I am what I am.  A SUPPORTER NOT A VOICE THAT SCREAMS AND CRIES AND HEAR NO MORE.