Stars

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This is an excerpt from a study guide that is provided for free at the Technocracy Inc. website. This is to give an Overview of technocracy for those how are just interested to understand what it is about instead of going in dept of the 22 lesson study course, or the beginning of the research of technocracy.

The Technocracy Study Course contains the North American Technate Design in the last chapters.

Technate design precludes special interest group control. It is a non political system of government which uses energy accounting instead of money. It is secular and humanitarian. For the only creative viable alternative investigate the Technate design located in the Technocracy Study Course.

The Technate design is the viable alternative to the current Price System method.
Investigate and join with us to make the information concerning this subject available to interested parties.
As our resource base becomes destroyed we begin to bumper up on a time when real alternative ideas must be used if survival is desired.
The Technate design provides abundance within the context of sustainability.
It does not use the scarcity based system that has been employed in the past (the Price System).
The use of mechanical energy has altered the reference points concerning how a society can be governed. Functional governance is now possible. The Technate design is secular and humanitarian… creative and imaginative.
Investigate the North American Technate design. TNAT http://technatedesign-tnat.blogspot.com/
The North American Technate TNAT

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Duration : 0:10:46

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Its official. Mark your calendars. The crash of the U.S. economy has begun. It was announced the morning of Wednesday, June 13, 2007, by economic writers Steven Pearlstein and Robert Samuelson in the pages of the Washington Post, one of the foremost house organs of the U.S. monetary elite.

Pearlsteins column was titled, The Takeover Boom, About to Go Bust and concerned the extraordinary amount of debt vs. operating profits of companies currently subject to leveraged buyouts.

In language remarkably alarmist for the usually ultra-bland pages of the Post, Pearlstein wrote, It is impossible to predict when the magic moment will be reached and everyone finally realizes that the prices being paid for these companies, and the debt taken on to support the acquisitions, are unsustainable. When that happens, it won’t be pretty. Across the board, stock prices and company valuations will fall. Banks will announce painful write-offs, some hedge funds will close their doors, and private-equity funds will report disappointing returns. Some companies will be forced into bankruptcy or restructuring.

Further, Falling stock prices will cause companies to reduce their hiring and capital spending while governments will be forced to raise taxes or reduce services, as revenue from capital gains taxes declines. And the combination of reduced wealth and higher interest rates will finally cause consumers to pull back on their debt-financed consumption. It happened after the junk-bond and savings-and-loan collapses of the late 1980s. It happened after the tech and telecom bust of the late ’90s. And it will happen this time.

Samuelsons column, The End of Cheap Credit, left the door slightly ajar in case the collapse is not quite so severe. He wrote of rising interest rates, As the price of money increases, borrowing and the economy might weaken. The deep slump in housing could worsen. We could also discover that the long period of cheap credit has left a nasty residue.

Other writers with less prestigious platforms than the Post have been talking about an approaching financial bust for a couple of years. Among them has been economist Michael Hudson, author of an article on the housing bubble titled, The New Road to Serfdom in the May 2006 issue of Harpers. Hudson has been speaking in interviews of a break in the chain of debt payments leading to a long, slow economic crash, with et deflation, mass defaults on mortgages, and a huge et grab by the rich who are able to protect their cash through money laundering and hedging with foreign currency bonds.

Among those poised to profit from the crash is the Carlyle Group, the equity fund that includes the Bush family and other high-profile investors with insider government connections. A January 2007 memorandum to company managers from founding partner William E. Conway, Jr., recently appeared which stated that, when the current liquidity environment—i.e., cheap credit—ends, the buying opportunity will be a once in a lifetime chance.

The fact that the crash is now being announced by the Post shows that it is a done deal. The Bilderbergers, or whomever it is that the Post reports to, have decided. It lets everyone know loud and clear that its time to batten down the hatches, run for cover, lay in two years of canned food, shield your ets, whatever.
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Duration : 0:9:59

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