Growing a Global Empire http://robinhira.posterous.com The USA and its extortion of developing countries posterous.com Wed, 23 Nov 2011 15:50:17 -0800 Financial Meltdown http://robinhira.posterous.com/financial-meltdown http://robinhira.posterous.com/financial-meltdown

 

Some people are bitter
That stock markets failed
But prices have backtracked
So me, I'm just swell

Cuz fat cats are out on the streets
I'm buying now! (Buying now!)
Cuz stock brokers Porche's really cheap

The financial meltdown
Financial meltdown

Ooo-oh! I look like a genius!
With no investments at all!

My rent is still peanuts!
As house prices fall, yeah!
With so many condos sold
And gas prices down! (Prices down!)
My comic fort's ???? about to grow!

The financial meltdown
Financial meltdown

IT'S FINANCIAL MELTDOWN
WE'RE ALL BROKE TOGETHER!!!!

(Unfortunately I was unable to find the the actual lyrics to the song, so I am relying on flashn00b's transcribed lyrics.)

The Financial Meltdown is a parody of a very famous song The Final Countdown, by the Swedish band, Europe. The modern parody of the song is an accurate depiction of the financial situation faced by the world. The song goes from the collapse in the housing market to the fall in oil prices. It also does not fail to overlook the insecurity of the very unstable investment market, which crumbled with the collapse of the major investment banks (Bear Sterns, Lehman Brothers, etc.). Overall this song portrays the view of the average person, who has to endure the treachery of the financial crisis.

 

 

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Wed, 23 Nov 2011 15:29:00 -0800 Globalization: Exploitation of the Undeveloped World http://robinhira.posterous.com/globalization-exploitation-of-the-undeveloped http://robinhira.posterous.com/globalization-exploitation-of-the-undeveloped

            The American dollar is the world currency; it is accepted everywhere and anywhere. This currency has a major flaw to it though; it is not backed by anything other than world wide confidence in the American economy. This same confidence in the American economy allows them to accumulate vast amounts of debt, which will never be paid off. Unfortunately the rest off the world does not enjoy a limitless supply of money. This is especially apparent when the World Bank, and developed countries, authorizes loans to undeveloped countries, with interest rates that will keep the country forever tied to the developed world. This allows developed countries (DCs) to exploit the debt they have forced the undeveloped countries (UDCs) into doing whatever it can to pay off the debt. Thus the money made in the UDCs economy does to the DCs economy, restricting their economic expansion.

 

            The modern developed world has almost dehumanized the lived of those living in UDCs. The populous of DCs is constantly told that hard work leads to success, and economic expansion is best for all, while in reality, it is best for the upper class, but horrific for the lower class. The lower working class works the hardest for their money, yet in UDCs their inefficient, reliant, in debt, economy puts a lot of the money made from their work into debt reduction. Government services take a second seat to debt reduction, therefore the people suffer. Of course if DCs governments were to show the people suffering because of the UDCs debt, then the general populous would demand the government to forgive the debt.

 

            The money lent to UDCs is poorly spent, and rarely benefits the UDC. This is because the money is put into infrastructure projects, which in theory is a good idea, but in reality, it just gives money to international construction firms. Also they design projects that hurt the lower class and indigenous people. These projects only help the rich in the country, while harming everyone else, severely. Many homes and agricultural land is unusable because of these projects.

 

Though exploiting UDCs is great for our economy, and our style of life, it hurts the poor people in the world. In the past few years the gap between the rich and poor has more that quadrupled.    

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Tue, 15 Nov 2011 11:03:00 -0800 Sub-Prime Mortgages continued... http://robinhira.posterous.com/sub-prime-mortgages-continued http://robinhira.posterous.com/sub-prime-mortgages-continued

Sub-prime mortgages not only affected those who partook in the risky process of lending the money and borrowing the money, it also affected the investment bankers. Before the sub-prime mortgage problem occurred, it was common practice for investment bankers to buy mortgages, bundle them up in what are called Collateralized Debt Obligations (CDOs), and then sell them to outside investors.

 

During President George W. Bush’s tenure in the White House, he provided a tax relief to home owners. This sparked a massive increase in home ownership, along with an increase for loans from banks. With a massive increase in home ownership, along with the foresight into potential profit to be gained from the loans, banks started to offer more sub-prime mortgages to the masses.

 

Investment bankers became to include sub-prime mortgages in their CDOs that they sell to outside investors. To combat the risk taken on by buying these CDOs, these investors took out large insurance policies on the CDOs.

 

The massive increase in ownership caused an artificial increase in property value. Eventually, sub-prime mortgages began to default and the housing market collasped. Since some sub-prime mortgages were included in some CDOs, the CDOs soon became worthless. Investors in these CDOs lost a vast amount of money. Furthermore, the insurance agencies “protecting” the investors who bought the CDOs could not live up to their obligations. They would end up losing vast amounts of money as well.

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Mon, 07 Nov 2011 12:11:00 -0800 Sub-prime Mortgages http://robinhira.posterous.com/sub-prime-mortgages http://robinhira.posterous.com/sub-prime-mortgages

The economic crisis of 2008 was largely created by sub-prime mortgages. A sub-prime mortgage is a loan given out a person who is not the ideal person to be eligible for a conventional loan, so the lender a taking a great risk in giving this loan. This is because the borrower may default on the loan. To combat this risk of defaulting on the loan and the lender losing a lot of money, the lender charges a higher than normal interest rate on the loan.   

 

In 2008 the hammer came down on the lenders, their borrowers started to default on their loans. A huge bubble burst and money a substantial amount of money was lost by both the lenders and the borrowers. Economic crisis ensued after the bubble burst.

 

 

Us_debt

(This graph shows the growing amount of sub-prime mortgages taken out from 1980-2004. This graph clearly illustrates the bubble forming by theses mortgages.)

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Mon, 07 Nov 2011 11:50:00 -0800 Death of an Era; Europe's Failing Economy http://robinhira.posterous.com/death-of-an-era-europes-failing-economy http://robinhira.posterous.com/death-of-an-era-europes-failing-economy

The market crash of 2008 was the worst possible event to occur for economic hit men around the world. Money was running tight; therefore countries put their own interests in front of others. This progressed to a point in which countries were more focused on the security of their own economic situation, pushing away from the model that increased their economic empire.

 

The power of the United States’ economy became clear, the world was so closely tied to them, that their market crash affected everyone. The work of the EHM years prior to the crash guaranteed the world would feel the full extent of an economic crash in the United States. The USA’s economy did not just crash; it imploded, pulling everyone done with them. No country was safe from the crisis; the bonds to the United States economy were too great to overcome.

 

These bonds are most prevalent in Europe, as the region’s currency was soaring during the prosperous economic times, but when the tide turned, the Euro started its fall. The Marshal Plan (to give Europe money after World War II in order to help rebuild their economy and to help stop an economic downturn after the war) is a prime example of how Europe tied itself to the USA. Now with the currency failing, desperate measures are being put in place. Europe is deeply concerned because if one economy fails in the region, then the whole region fails. They are trying to appeal to the only developing economies in this era, India and China, for bailout money. This money is essential to the success / stability of the region.

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Tue, 01 Nov 2011 11:27:00 -0700 My New Book!! http://robinhira.posterous.com/78183408 http://robinhira.posterous.com/78183408

Andrew Ross Sorkin delivers a stunning moment by moment account of how the greatest financial crisis since the Great Depression occurred. It extends from the office of Lehman Brothers, to meetings around the world, and in the most influential capital city in the world, Washington. To Big to Fail tells the gripping story of ego, greed, along with how the most powerful people in the financial and political world determined the fate of the world’s economy with their successes and failures.

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Thu, 07 Apr 2011 12:11:00 -0700 Faking Economic Growth http://robinhira.posterous.com/faking-economic-growth http://robinhira.posterous.com/faking-economic-growth

"Thanks to the biased 'sciences'of forcasting, econometrics, and statistics, if you bomb a city and then rebuild it, the data will show a huge spike in economic growth." page 256-257

 

There are two sides to this statement made by John Perkin; one side suggests that only short term econmic growth can be achieve through this, the other show exampls like Germany and Japan as countries that have been bombed to the ground, rebuilt, and how become two huge economic powers.

There is also a catalist present in making these statistics; how important is that country and its resources to the United States. After World War II, The United States wanted to avoid another econmic collasp. They recognized Germany as being a key economy in Europe to keep stable, since it is right in the middle of Europe. They also wanted to avoid Germany becoming communist. In order to build up Germany's economy and stop the spread of communism the United States executed the Marshall Plan. The gave a sustantual amount of aid to Europe and rebuilt their economies.

Modern day Germany is one on the 8 largest econmies in the world. It is also miles ahead of all of its European competitors, being the best economy in the European Union.

The reverse of can be said of Vietnam though. The Vietnamise economy is struggling. The country lacks any resources that are important to the United States. The only reason the United States invaded the country was to "stop the spread of communism". The mass Hysteria created by the US government allowed them to gain support for the Invasion. Support was eventually lost though. After years of fighting, combined with a high casualty rate, the US people began to turn against the government'e efforts in the war.The US military eventually left the region and have sent a very small amount of aid to the devestated region.

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Thu, 07 Apr 2011 12:04:00 -0700 Iraq's Terrible Irony http://robinhira.posterous.com/iraqs-terrible-irony http://robinhira.posterous.com/iraqs-terrible-irony

Ever since the US started their occupation of Iraq, the Iraqi people have been suffering. They have been suffering in many ways, but mostly finacially. This is because the war being waged in their country is being paid for by the Iraqi people. Money made from their vast oil reserves goes directly to the US army and into the US economy. This has a major backlash to it though, as the economic growth of the Iraqi people will be severly restricted due to these payments. Money will not stay in their economy to stimulate it.

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Wed, 06 Apr 2011 23:19:00 -0700 Calling on the USA's Debt http://robinhira.posterous.com/calling-on-the-usas-debt http://robinhira.posterous.com/calling-on-the-usas-debt

The United states has a national debt exceding 14 trillion dollars. The debt increase by 1 million dollars a minute, yet no one will ever make the United States pay up their debt. The reasoning behind this is because the United States has a GDP of 14 trillion aswell, along with the largest military in the world. Calling on the United States debt would crash their economy aswell as the worlds. Furthermore the United States would most likely take military action against that country. Lastly the United States does not have their currency back by gold, but rather world wide confidence in their economy. In conclusion, making the United States pay up their debt is a terrible idea.

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Wed, 06 Apr 2011 20:49:00 -0700 Middle - East's GDP per capita http://robinhira.posterous.com/middle-easts-gdp-per-capita http://robinhira.posterous.com/middle-easts-gdp-per-capita
Qatar $93,204
UAE $54,607
Kuwait $45,920
Israel $28,365
Bahrain $27,248
Saudi Arabia $19,345
Oman $18,988
Libya $16,115
Lebanon $7,617
Iran $4,732
Algeria $4,588
Tunisia $3,907
Jordan $3,421
Iraq $2,989
Syria $2,757
Morocco $2,748
Egypt $2,161
Yemen $1,182

 

 

The GDP per capita in the Middle ast has a direct relation with the amount of aid given by the United States. Quatar and UAE are two countries that are heavily financed by building corporations, in a to make a desert paradise.

 Israel recieves massive amounts of money from European and American jews, and in recent year the USA. The USA started to finance them after they showed their military might in the Six Day War. Israel also makes a lot of money off of weapons, as they are the third largest arms manufacturer in the world.

Saudi Arabi makes money off of their vast oil reserves, and is official chained to the USA's economic drive for oil.

Egypt's main industry is tourism. Unfortunately that industry has collasped with the fall of their pro-American dictator.

Jordan has recently discovered oil in the eastern part of the nation,but it is no where near the size of the Saudi reserve. Unfortunately for them, their main industry is tourism, which has taken a major hit after the Egypt crisis.

Kuwait is a nation the has a large oil reserve. This reserve drives their economy.

Lybia also has vast oil reserves. Their oil is traded to Europe for money and arms. To Europe's dismay, Lybia is in the middle of a civil war, which has stopped all trading with them.

 

 

The trend is that the countries that recieve lots of aid form Europe or the US have a higher GDP per capita, while the one that recieve little to none have a low GDP per capita.

 

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Wed, 06 Apr 2011 20:31:00 -0700 The Corporation http://robinhira.posterous.com/48720984 http://robinhira.posterous.com/48720984

The movie the corporation is all about how corporations exploit all that they can to gain an economic gain. The most ironic thing about this movie is that it bashes corporations, yet a corporation published this movie.

This movie has a direct relation to Confessions of an Economic Hit Man in so many ways. The biggest relation is how corporations and econmic hitmen work together to exploit countries. The hitmen go in first and draw up plans to increase economic growth, while riddling the nation with debt. The country accepts this plan as it appears to be very bennificial to them, while in reality it just ties them down. Corporations and construction firms go in to help create the infustructure. After that other corporations come into the region to market themselves, growing there brand in that region, or enslaving the population for cheap labor. When the better infustruction, combined with the poor population the production cost becomes relativley low.   

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Wed, 06 Apr 2011 19:24:00 -0700 Burying a Life Along with Other Countries http://robinhira.posterous.com/48715398 http://robinhira.posterous.com/48715398

 

The Lyrics

Take the time just to listen
When the voices screaming are much too loud
Take a look in the distance
Try and see it all
Chances are that ya might find
That we share a common discomfort now
I feel I'm walking a fine line
Tell me only if it's real

Still I'm on my way
On an on it goes
Vacant hope to take

HEY
I can't live in here for another day
Darkness has kept the light concealed
Grim as ever
Hold on
To faith as i dig another grave
Meanwhile the mice endure the wheel
Real as ever
And it seems that I've been
Buried Alive

I walked the field through the fire
Taking steps utill I found solid ground
Followed dreams reaching higher
Couldn't survive the fall
Much has changed since the last time
And I feel a little less certain now
You know I jumped at the first sign
Tell me only if it's real

Memories seem to fade
On and on it goes
Wash my view away

HEY
I can't live in here for another day
Darkness has kept the light concealed
Grim as ever
Hold on
To faith as I dig another grave
Meanwhile the mice endure the wheel
Real as ever
And I'm chained like a slave
Trapped in dark
Slammed all the locks
Death calls my name
And it seems that I've been
Buried Alive

Take you down now
Burn it all out
Throw you all around
Get your fuckin'
HANDS OFF ME

What's it feel like?
Took the wrong route
Watch it fall apart
Now you're knockin'
AT THE WRONG GATE

For you to pay the toll
A price for you alone
The only deal you'll find
I'll gladly take your soul
While it seems sick sober up quick
Psycho lunitic crushing you with
HANDS OF FATE

Shame to find out when it's too late
But you're all the same
Trapped inside
INFERNO AWAITS

Evil thoughts can hide
I'll help release the mind
I'll peel away the skin
Release the dark WITHIN

This is now your life
Strike you from the light
This is now your life
Die buried alive

This is now your life
Strike you from the light
This is now your life
Die buried alive

This is now your life
Strike you from the light
This is now your life
Die buried alive

Meaning and Implication to Confessions of an Economic Hit Man:

The song buried alive by Avenged Sevenfold is about not living life to its fullest, being trapped, frusterated and eventually becoming depressed. Also being trapped in world you hate. This applies very well to John Perkins' life. At first he thought he had a dream job, lots of travel, high paying, along with being very high profile. Eventually though, he began to see he was digging the graves of developping countries. Although he saw this, he still continued to exploit them, striking them from the life. It eventually got to the point where he could not look at himself i a positive light any more. The only way he could achieve happiness again would be to quit his job. 

This brings up a very serious question though, as John began to realize how he was slamming the locks on countries, chaining them like a slave to the US, he realized he was chained to the system. He could not get out, and if he did some one else would come up and replace him. So it was a question on whether to quit or not? He chose to call it quits, escaping from the chains of the modern economic enslavery system. Unfortunately he could not help countries escape with him, as they are still in the hands and fate of the United States. 

 

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Wed, 06 Apr 2011 19:19:00 -0700 The Importance of Iraq http://robinhira.posterous.com/the-importance-of-iraq http://robinhira.posterous.com/the-importance-of-iraq

  

 

            

               Since the ancient times, Iraq has always been considered a key region of land. In Ancient times it spawned the birth of 4 great empires; Samarians, Assyrians, Babylonians and the Persians. There are two reasons why this region was important in ancient times. Those reasons had to do with its location and the two rivers flowing through the region, Tigris and Euphrates. These rivers made the land in the region fertile, which spawned the growth of these empires.

 

                In modern times, one more reason has emerged; Iraq is supposed to have one of the largest oil reserves in the world. There is speculation that Iraq’s oil reserves are much larger than Saudi Arabia’s. Under this presumption, the United States tried to persuade the Iraqi leader, Saddam Hussein, to take on huge debts, in order to finance cost of bringing up the oil. They were also planning on making sure the Iraqis were solely dependent on the U.S. 

 

This plan had worked before in Saudi Arabia. After the Saudis imposed an oil embargo on the United States, the states soon realized the nation’s importance and began to develop it in a way so that everything the Saudis do depends on the United States. This did not just benefit the United States though, as the Saudis have made billions off of oil revenues.

 

Iraq rejected the offer and proceeded to attack Kuwait. The United States mobilized an army to defend Kuwait. The war with Iraq was called Gulf War 1. This would turn out to be the beginning of the end for Iraq.

 

Kuwait had a very strategic value, if the Iraqis could take it; it would give them a bigger coastline, which would allow for more trade and economic growth for the Iraqis. The US stepped in though and called the Iraqi attack “Unprovoked.” This statement is very ironic coming from the US as just a few years before; they invade Panama for no apparent reason. After this they installed a pro-USA government in the region to gain control of the Panama Canal.

 

The 2003 invasion of Iraq is very controversial. The mass hysteria created by the 2001 September 11th terrorist attacks, combined with the government propaganda, portraying the region in a negative light, allowed the US forces to attack Iraq.

 

When diplomacy fails, assassinations fail, then when proposed ideas fail, the US military is always there to enforce other countries to comply with the US’s interests, Iraq in 2003, Panama in 1989 and many other wars before, in-between and after these conflicts.

 

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Mon, 28 Mar 2011 10:33:00 -0700 Update and things to come http://robinhira.posterous.com/update-and-things-to-come http://robinhira.posterous.com/update-and-things-to-come

Sorry I have not been posting in a while. The reason why I have not been posting is because I have been on vacation in Isreal and Jordan. During this period of time, a lot has happened in the world. I would have been posting about what is going on, but unfortunately i did not have any internet access at the time. Fortunately I made it back from my trip just as the powder keg of the region of the Middle East I was in started to heat up. In the final days of my trip, there were two bombings in Jerusalem and some protests in Amman. In the near future I will be posting about what i experienced in Jordan and Isreal.Thank you for understanding what has been going on and expect a lot more posts in the coming days.

 

 

 

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Fri, 04 Mar 2011 12:29:00 -0800 The System of Foreign Aid http://robinhira.posterous.com/the-system-of-foreign-aid http://robinhira.posterous.com/the-system-of-foreign-aid

Foreign aid is supposed to help countries develop into the status of a developed country. Unfortuanately the model of foreign aid does not work that way. In reality, foreign aid is a sham. It is made to make the leaders of developing nations rich, while shackling their country in debt, making it further obligated to the developed countries along with their corpations. International consulting firms would survey these the underdeveloped countries (UDCs) and convince them to accpet these huge loans. The UDCs are told that it is in their best interest to accept them, but in reality, they are not. The UDC would them have many huge infrastructure projects being build, yet the money they are spend to build these projects is leaving their economy and is going to international corporations. 

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Wed, 02 Mar 2011 09:42:00 -0800 The Importance of Faith http://robinhira.posterous.com/44683389 http://robinhira.posterous.com/44683389

Communist_sickle_hammer_logo_b

Societies and governments that have no religion, no faith and no substance behind their ideology are doomed to fail. History validates that faith and belief in a higher power is imperative in creating a successful society. People in a communist society have are ingrained in a doomed ideology. To keep the people in a communist society suppressed, they take away their religion and faith to highlight that everyone is equal. Individuality is stripped away, along with the desire and work ethic to move up the social chain. Societies that succeed are the ones with an abundance of faith in religion. The best example of this is Israel. Without some common idea uniting the people of this country together,Judaism, it would not exist. They have fought for their place in the Middle East, a mostly Arab region, and will continue to fight for their place in the Middle East.

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Thu, 24 Feb 2011 12:48:00 -0800 Indonesia, The key to Southeast Asia http://robinhira.posterous.com/44082455 http://robinhira.posterous.com/44082455

84121535

With the American efforts in Vietnam failing, the Americans feared that they would lose Southeast Asia to the communists. The Americans viewed Indonesia as they key to regaining control over the region, or at least gaining a foothold. Indonesia was an oil rich country and was often called “the most heavily populated piece of real estate on the planet.” They planned to make Indonesia incur huge loans to pay for huge projects, that would develop the infrastructure of Indonesia.

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Wed, 16 Feb 2011 08:57:00 -0800 My Book http://robinhira.posterous.com/43250616 http://robinhira.posterous.com/43250616

Confessions_of_an_economic_hit

"Economic hit men, are highly paid professionals who cheat countries around the globe out of trillions of dollars. Their tools include fraudulent financial reports, rigged elections, payoffs,extorion, ses and murder. they play a game as old as Empire but that has taken on terrifying dimensions during this time of globalization." John Perkins.

Confessions of an Economic Hit Man is the story of one man's experiences, John Perkins, while working for an international consulting firm. These firms are responsible for underdeveloped countries incuring enormous loans along with building the U.S.'s global empire. He became exposed to a world full of greed, corruption and intrigue.

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