Tag Archives: elites

Propaganda that stokes fear controls the masses

“the only thing we have to fear is … fear itself — nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance” … Franklin D Roosevelt (1933 Inaugural Address) Fear is created by propaganda. Fear paralyses. Fear controls the masses. … Continue reading

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Celebrity insider trader goes to gaol …

Back in 2012 Rajat Gupta was sentenced to 2 years gaol in New York for insider trading. He appealed, of course. But that failed. So last week off he went to a friendly gaol nicknamed Club Fed (where he can have visitors … Continue reading

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Politicians under pressure … democracy tested

Five or more years past the global financial crisis we are seeing more big trends that show just what a tipping point 2008 was. In 2008 and 2009 many changes were obvious: falling stock markets; falling prices; wealth destruction; massive … Continue reading

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Power and democracy … who rules?

Yesterday, whilst pondering “the entitlement to rule” attitude of those in power, I was reminded of a personal experience just about 13 years ago. For 20 minutes or more I sat next to James A Baker III on a bus. … Continue reading

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Pope Francis on inequality … an update

The Pope’s “missive” has caused quite some reaction. I enjoyed this informative post in the Wonkblog at the Washington Post. Pope Francis has a few thoughts about the global economy. We added these 13 charts. It’s an excellent recital of the … Continue reading

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Inequality … the Pope weighs in …

The referendum in Switzerland I wrote about last week went down 65% to 35%. The Swiss decided that top salaries in a corporation should NOT be limited to 12 times bottom salaries. It probably failed because of the overreach of … Continue reading

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Swiss fat cats

I have commented before about the interesting democratic process in Switzerland. If 100,000 people get activated about a single issue they can petition for a country wide referendum. This is a way better concept that having politicians argue over ridiculous … Continue reading

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Indians to Mars?

Today, India is launching a rocket to Mars. The Guardian newspaper has the story: The cyclone season is almost over, the planets are in alignment, the countdown has started. On Tuesday at 2.46pm local time, a rocket will blast off … Continue reading

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