About Me 0066: Money Making Secrets

The dire warning from the Telegraph concerns the deepening of political integration of Europe, to include a fiscal structure tying the monetary Zone together with a central taxation authority. This from a British oracle who brings up the specter of Empire, the English word for Reich. I might also add that the Germans had a Kaiser, which is a variant on Caesar, who turned the Roman Republic into an Empire by becoming Imperator for Life. This is also from a subject of the completely liquidated former British Empire.

What you have in Europe, is the exact opposite of the policies that the British Crown has pursued for its exclusive benefit for centuries. Following the example of and at the instance of the United States, The United Nations with its commensurate global agencies, including the IMF and The World Bank began the process of nation building, under the dominance of the US and its allies. The Atlantic Charter and its signatories express a declaration of intent for the post WWII social order. The amalgamation of the various core and now periphery nation states of Europe, into a more perfect union, has been a gradual process. It seems it is about to cross another one of those bright lines, one of political integration through submission to a centralized taxation. It is not enough to have an easy breezey consumer experience with the Euro, the common currency is leading to some now obvious needs to further political integration to a state of affairs beyond the mere contractual where the Euro is a service provided by a vendor that you can fire at will.

Abraham Lincoln expressed this understanding in his first inaugural speech. The relation of government with its constituent states as in America, is different than a business arrangement of parties brought together in an association via a contract. A government is a perpetual state of human affairs, that does not provide for its liquidation, otherwise, it would not be sovereign unto to itself. If Europe is to have a Eurozone, it will have to expand into the full capacities of nation, just a nation of states, and not a nation state. This will include a central taxing authority and the ability to redistribute tax revenues as needed throughout the nation. Even if it goes from Germany to Greece. The bankers alienation of national assets aside for the moment. Just as the American Articles of Confederation were too weak to produce a proper government that could fully function, that is, finance public projects and pay its debts, the common currency is not enough due to economic integration via world capitalism. Commensurate political integration to allow states to function in the world capital markets is now required to enjoy the efficiencies that a common currency brings. One structural change requires others, so that the whole can function, the whole being, the capital markets and the states of the emerging European Nation.

It wasn’t until the financial crashes in an earlier Europe, forged an alliance of the Crown and the Merchants of England. It was apparent to the financier and merchant, Thomas Gresham for England to be more powerful and he wealthier, his kingdom would have to decouple from the power of Amsterdam.

From “THE LONG 20TH CENTURY” BY GIOVANNI ARRIGHI, 2010 EDITION: P.195…”Gresham began building a bourse in London in imitation of Antwerp’s stock and commodity exchanges with the declared intent of making England independent of foreign ‘nations’ both in trade and credit.”

Upon completion of this task, he requested that Queen Elizabeth not use any strangers or foreigners, but her loyal subjects, she complied and named it the Royal Exchange.

“It took decades before the Royal Exchange could actually satisfy the financial needs of the English government, and it took more than 2 centuries before London could rival Amsterdam as a central money market of the European world economy. But the stabilization of the Pound in 1560-61 and the subsequent establishment of the Royal Exchange, to paraphrase Max Weber, marked the birth of a new kind of ‘memorable alliance’ between the power of money and the power of the gun. It marked the beginning of nationalism in high finance.”

And English nationalism, now jealousy at the growing political integration of Europe into a United States like continental power, will of course relegate England to a permanent diminutive status in global affairs, monetary and otherwise.

While some NBA players are looking to gain employment overseas during the lockout, Dwyane has an offer to stay home and work the drive-thru window at KFC.

The offer: one day of work at a local KFC in exchange for a donation in Wade’s name to KFC’s Colonel’s Scholars scholarship fund.

The donation will total $250,000, according to CBS Sports.

On June 30, Wade tweeted, “Any1 hiring?” And, “I’m available for all bar and bat mitzvah and weddings..but my specialty is balloon animals.”

KFC responded with an open letter from its GM:

Dear Dwyane Wade,

We couldn’t help but notice your recent tweet about looking for a new line of work in light of the lockout. We’re always looking for folks with precisely your qualifications — initiative, teamwork and the ability to make buckets in a hurry.

We’ve always been proud to call you a former KFC employee and, it goes without saying we’d love to have you back on our team dishing out the World’s Best Chicken, like you dish out assists on the court.

Our offer: Come serve as an honorary captain at a local KFC drive-thru window. And, while we can’t match your most recent salary, we’ll honor your KFC service by making a donation in your name to Colonel’s Scholars, a charity providing young people with much needed college scholarships, if you accept. How’s that for a slam dunk?

So let us know if you’re ready to suit up for our squad (as you’ll remember, we’ve got some pretty cool uniforms). Our original coach, the legendary Colonel Sanders, knew a thing or two about buckets. And who knows, if you make a KFC-team comeback, we might just share some of his secrets with you.
We’ll keep your headset waiting.

Sincerely,
John Cywinski
General Manager, KFC U.S.

Source: CBS Sports

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Friday, July 29, 2011

Money Making Secrets

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