NWO Psyop? Reserve Bank Governor affirms Indian citizenship

Update:

On looking through the website from which I got the information about the new RBI governor,  I began to have a few second thoughts. Although, it appears to be an anti-NWO website, some of  the information on it (besides the story about Rajan)  seems baseless or exaggerated.

I don’t know enough to say, but caveat lector.

ORIGINAL POST

I posted earlier that the new governor of the Reserve Bank of India, Raghuram Rajan, has been described by the English language media itself as an Indian and US national, and asked how that could be, as India doesn’t allow dual citizenship.

On October 29 Rajan came out clearly with a statement that he was and is an Indian citizen and only holds a US Green Card (work and permanent residence permit).

That was in The Hindu, which I’ve said before, has been very left-leaning and sympathetic to globalism, both under the chief editorship of N. Ram and under ex-editor,  Siddharth Varadarajan, brother of Tunku Varadarajan, contributing editor at the Wall Street Journal and vocal neocon.

Now, notice the comments under The Hindu piece, attacking those media outlets that raised the question of Rajan’s nationality.

The idea is that any criticism of Rajan must come from the BJP and anti-foreign xenophobes. They are dismissed as paranoid because they jumped to the conclusion that Rajan was a US citizen when he clearly wasn’t.

The implication is that everything else the BJP claims – including conspiracies about the globalists –  must be nonsense too.

Well, BJP or not,  Rajan’s citizenship is a very legitimate issue to raise, especially, as it was the Rothschild media that put out that information in the first place.

Let me show you.

Go back to my earlier blog post.

The piece I posted before linked to an anti-NWO blog,  GreatGameIndia.wordpress.com. The graphic accompanying the post clearly described Rajan as an Indian and an American national.

That makes it a legitimate question for people to raise.

Take a look at the graphic here:

http://greatgameindia.files.wordpress.com/2013/09/raghuram-rajan-new-world-order.jpg

It was taken from The New Indian Express:

http://newindianexpress.com/business/news/Rajan-says-RBI-governorship-not-meant-to-win-Facebook-likes/2013/09/05/article1769127.ece

Since the globalists (British imperialists) like to leave their signature on their capers, they also had Rajan quoting Kipling (the premier poet of the British Empire):

“But I hope to do the right thing, no matter what the criticism, even while looking to learn from the criticism,” Rajan said.

“Rudyard Kipling put it better when he mused about the requirements of an ideal central banker in his poem ‘If’: If you can trust yourself when all men doubt you, But make allowance for their doubting too: Kipling’s reference to “men” only dates these lines, but his words are clear.”

Check out the picture in the New Indian Express, which is the one carried at GreatGameIndia.

It clearly carries a description of Rajan as an American national. It also carries the logo PTI on the side of the picture.

That’s the Press Trust of India.

Now, what is the Press Trust of India?

It’s board of directors is comprised of editors of some of the leading publications in India, including The Hindu.

Here is a list of everyone on the Board, taken from the PTI’s own website (my descriptions are colored and in caps):

Mr K N Shanth Kumar     Chairman (The Printers,Mysore)

PUBLISHER OF THE DECCAN HERALD,  SOUTH INDIA, ENGLISH

Mr Mahendra Mohan Gupta    Vice Chairman (The Jagran)

DELHI  E-PAPER – HINDI

Mr R Lakshmipathy     Dinamalar

TAMIL NADU, SOUTH INDIA,  TAMIL

Mr Vineet Jain    Bennett, Coleman & Co Ltd

INDIA’S LARGEST PRESS CONGLOMERATE, OWNS THE TIMES GROUP, WHICH INCLUDES THE FLAGSHIP, “TIMES OF INDIA” PAPER; FORMERLY, FOREIGN-OWNED

(ENGLISH)

Mr M P Veerendra Kumar    Mathrubhumi

KERALA,  SOUTH INDIA  – MALAYALAM

Mr Sanjoy Narayan    Hindustan Times

NATIONAL PAPER – ENGLISH

Mr N Ravi    The Hindu

NATIONAL, TAMIL NADU, SOUTH INDIA, ENGLISH

Mr Riyad Mathew    Malayala Manorama

KERALA – SOUTH INDIA –  MALAYALAM

Mr Aveek Kumar Sarkar    Ananda Bazar Patrika

NATIONAL – HINDI

Mr Shekhar Gupta    Indian Express

NATIONAL, SOUTH INDIA – ENGLISH

Mr Hormusji N Cama    Bombay Samachar

BOMBAY –  PARSI (PARSIS HAVE HISTORICALLY BEEN AFFILIATED WITH THE BRITISH EMPIRE AND THE ROTHSCHILDS)

Mr Vijay Kumar Chopra    Hind Samachar

NORTH INDIA – HINDI

Mr S P Bharucha    Former Chief Justice of India

Mr Fali S Nariman    Legal Luminary

Prof E V Chitnis    Scientist

So,  The Hindu’s editor and a dozen other leading press men are on the board of directors of the very outfit that put out the information that Rajan was an American national (which means citizen).

And what is the rest of the board like?

Out of 12 newspapers or media outfits represented there, fully SIX are based in South India, and all six belong to just two states in the South (Kerala and Tamil Nadu).

Both states are closely tied to the West

1. Through ideology – communist Kerala and corporatist Tamil Nadu

2. Through history – British intervention in South Indian secessionist movements

3. Through the English language – more prevalent in the South than in the North

4. Through finance –  especially in Chennai and Bangalore, the site of massive Western investment

5. Through religion – the church and church related organizations are both wealthy and powerful in Kerala and in Tamil Nadu.

Six newspapers from two states, while the rest of India’s 28 states are represented by one Delhi urban  paper and one Bombay paper run by a Parsi (Parsis as a community have historically been affiliated with the British empire); one international outfit (Bennett Coleman); and just TWO Hindi papers.

The weighting toward Tamil Nadu, the home of the globalist-funded Afro-Dravidian secessionist movement, is striking, and it bolsters Rajiva Malhotra’s thesis in “Breaking India.

After the issue was raised by politicians, Rajan gave an interview in The Hindu (owned by the same N. Ram on the PTI’s board) affirming that he wasn’t an American citizen.

Comments from readers at The Hindu (and you know how they can be manipulated) claim it’s the paranoia, incompetence, and bigotry of the right-wing BJP that’s behind the whole issue.

So how could the  Press Trust of India be associated with any kind of globalist agenda?

Isn’t it just a national outfit?

Back to Wikipedia:

“It [PTI] exchanges information with several other news agencies including 100 news agencies based outside India, such as Associated Press, Agence France-Presse, The New York Times and Bloomberg L.P.. Major Indian subscribers of PTI include The Hindu, Times of India, the Indian Express, the Hindustan Times, the All India Radio and Doordarshan. PTI has offices in Bangkok, Beijing, Colombo, Dubai, Islamabad, Kuala Lumpur, Moscow, New York and Washington D.C..[3]

In other words, PTI has a  thoroughly global network, with a distinctly international point of view, at the very least. At worst, it’s a regional mouthpiece for the “international community.”

Whichever the case,  PTI is hardly a disinterested vendor of “news.” After all, what is deemed to be news is, in the first place, a very value-laden and political choice.

More from Wikipedia:

“PTI correspondents are also based in leading capitals and important business and administrative centres around the world. It also has exchange arrangements with several foreign news agencies to magnify its global news footprint.”

In other words, PTI is in business with foreign news agencies, which are, as anti-NWO activists have shown, owned by a small group of Anglo-Zionist business interests, just six companies, in fact.

These are the six, with their most notable properties:

1. General Electric  or GE (owns Universal Pictures, Focus Features)

2. Viacom (owns MTV, NICK JR, BET, CMT, Paramount Pictures)

Majority owner – Sumner Redstone (born Sumner Murray Rothstein)

Wikipedia:

“Viacom is one of the companies that uses the services of Wiki-PR, a public relations firm specialized in editing of Wikipedia that is accused of subverting Wikipedia content for business interest.[27]”

3. Disney (owns ABC, ESPN, Pixar, Miramax, Marvel Studios)

Disney is publicly owned and its CEO was until recently Michael Eisner.

4. Time Warner (owns HBO, Time, Warner Bros, CNN)

Owned by Edgar Bronfman, who until recently (2011) was the CEO.

5. Columbia Broadcast Corporation or CBS (owns Jeopardy, Sixty Minutes, NFL.com (National Football League), Smithsonian Channel, Showtime, Simon & Schuster)

Majority owner – Sumner Rothstein

6. News Corp (owns Fox, Wall Street Journal, New York Post, The Sunday Times, Times Literary Supplement, Dow Jones & Co., HarperCollins)

Created and owned by Rupert Murdoch, in 2012 turned into publicly traded companies, with Murdoch as CEO and with controlling shares.

News Corp owns the top newspapers on three continents (including but not limited to The Wall Street Journal in the US, The Sun in the UK, and The Australian, in Oz.

The 232 executives at these companies control the views of about 277 million people in the US alone, not to mention their enormous influence over the world.

In addition, there are powerful single individuals like Samuel Newhouse, who owns 2 dozen daily newspapers, the publishing companies like Random House, Knopf, Crown, Ballantine, and the Conde Nast group of magazines (including Vanity Fair, Vogue, GQ, The New Yorker)

The de facto ownership of almost all of these media conglomerates is, at the risk of coming across as anti-Semitic, Jewish and Zionist.

Murdoch, as is well-known, rose to his position with help from the Rothschilds.

[Bronfman has Rothschild ties

The Bronfman family is very active in Zionist causes:

“”The Bronfmans still move in an elegant world where the fabulously rich mingle with the powerful and famous. Edgar Jr.’s aunt Minda married a French banker with Rothschild ties and became a baroness. His father belongs to that small circle of New Yorkers who can get Presidents to answer their telephone calls. Edgar Jr.’s friends include the director Steven Spielberg and Senator Thomas Daschle.

One of the reasons the Bronfman dynasty has retained a glittering aura is that family members, though rich, have never been content to sit on their wealth and watch the world from afar. Edgar Sr. became president of the World Jewish Congress and exposed former United Nations Secretary General Kurt Waldheim’s Nazi past. His brother, Charles, is one of the founders of Birthright Israel, which pays for young Jewish people to visit the country. Now, however, the family may have to scale back its philanthropic endeavors because of what happened to Vivendi. “It hasn’t [affected my charitable giving] yet,” says Edgar Sr. darkly, “but it will.”

Every one of these media conglomerates is thus ultimately associated with the Rothschild (imperial British) entity.

Do you suppose PTI, alone among major international media,  defies the diktat of the press barons of the world? I don’t think so.

Not only that, PTI has its own satellite network according to Wikipedia:

“Press Trust of India is the only news agency in South Asia which operates its own communication satellite , an INSAT , to broadcast news and information.”

So PTI is not just a national outfit. It is a powerful international news outfit, the post-Independence heir to the Rothschild media in India. It has a bevy of Indian editors on board, with a heavy concentration from South India (the locus of foreign investment, as well as of foreign intervention), with strong business ties with the international (that is, Rothschild) press; it has its own satellite network.

Any chance PTI is NOT a globalist mouthpiece?

I’d say none whatsoever.

Now, who is the chairman of PTI?

Wikipedia again:

I”ts current chairman is R Lakshmipathy.

An Economic Times piece describes R. Lakshmipathy, as the publisher of the Tamil daily, Dinamalar, and twice earlier the chairman of PTI.

The chairman before him was M. P. Veerendrakumar, also from a southern state, this time,  Kerala (Matrubhoomi newspaper).

There’s yet another South Indian connection.

All these Tamil papers are strongly supportive of Tamil secession.

Vice chairman Shankthakumar also represents the south, in his case, the Deccan Herald and some Kannada papers.

So PTI is tremendously slanted toward the south and to corporate investment (Chennai and Bangalore).

Tamil Nadu, as I’ve said repeatedly, is the locus for the globalist intervention intended to fracture India. Whatever one thinks of secession, it must be voluntary, not covertly manufactured by people with their own agenda.

Otherwise, its proper name is manipulation and aggression.

Given all this, is the Rajan story just an innocent blunder by the media?

No. To me it looks like a Rothschild psyop intended to discredit any criticism of Rajan as Hindu fundamentalist obfuscation.

The story looks just like the Obama birth certificate story, where the object of the media psyop was to discredit anyone who “fell” for the word of a  racist sheriff, deliberately inserted into public debate by the major media.

[Another example of this kind of media psyop was the Trayvon Martin business, where dozens of libertarian and conservative sites rose to the bait and looked like racists as a result. Of course, a few of them really are, but that’s another story.]

Edward Feser: How democracy gives rise to bull-shit

Edward Feser on why democracies gives rise to a higher proportion of bull-shit:

“…. as any reader of Plato’s critique of democracy in The Republic knows, the democratic ethos — with its pretence that all the views and ways of life prevalent in a pluralistic society be regarded as worthy of equal respect — inevitably tends toward bullshit.  A politician who spoke with complete frankness — who said exactly what he thought about those views and ways of life among his fellow citizens that he didn’t share, which is bound to be most of them — would never get elected, and would no doubt tick off most of those people who claim they want politicians to speak frankly. Frankfurt calls attention himself to one way in which democracy breeds bullshit:

“Bullshit is unavoidable whenever circumstances require someone to talk without knowing what he is talking about. Thus the production of bullshit is stimulated whenever a person’s obligations or opportunities to speak about some topic are more excessive than his knowledge of the facts that are relevant to that topic. This discrepancy is common in public life, where people are frequently impelled — whether by their own propensities or by the demands of others — to speak extensively about matters of which they are to some degree ignorant. Closely related instances arise from the widespread conviction that it is the responsibility of a citizen in a democracy to have opinions about everything, or at least everything that pertains to the conduct of his country’s affairs. The lack of any significant connection between a person’s opinions and his apprehension of reality will be even more severe, needless to say, for someone who believes it his responsibility, as a conscientious moral agent, to evaluate events and conditions in all parts of the world.”

Libertarian Sillies….

The Judean People’s Front delivers an ultimatum

The People’s Front of Judea.

(oops, forgot to h/t the originator of this analogy – Jeffrey Tucker, editor of Agora Inc. owned Laissez Faire Books. The h/t is not an endorsement of any views expressed on that site, or of the owners of the site. Quite the contrary.  In fact, I thought I came up with the above on my own.  However, I try to be as scrupulous as possible, and this morning, I suddenly recalled reading an essay in which Tucker expressly made this joke.  We’ll give the devil his due..

Note 2: And Bryan Caplan at Econlib seems to have  noticed the similarity to Life of Brian before Tucker)

Oh dear.

So much fun and me with no time to bone up on my synthetic a priori judgments …or I’d join in.

Some people like their libertarianism (or, in my case, classical liberalism) ala Rothbard.

Other people don’t.  Intellectual tastes differ. Why is that a problem?

Word to the wise.

Tempting as they are, these kinds of intellectual food-fights are better left to what Bruce Charlton calls “clever sillies.”

“Preferential use of abstract analysis is often useful when dealing with the many evolutionary novelties to be found in modernizing societies; but is not usually useful for dealing with social and psychological problems for which humans have evolved ‘domain-specific’ adaptive behaviours. And since evolved common sense usually produces the right answers in the social domain, this implies that, when it comes to solving social problems, the most intelligent people are more likely than those of average intelligence to have novel but silly ideas, and therefore to believe and behave maladaptively. I further suggest that this random silliness of the most intelligent people may be amplified to generate systematic wrongness when intellectuals are in addition ‘advertising’ their own high intelligence in the evolutionarily novel context of a modern IQ meritocracy. The cognitively-stratified context of communicating almost exclusively with others of similar intelligence generates opinions and behaviours among the highest IQ people which are not just lacking in common sense but perversely wrong.” [1]
AND
“Yet, whatever else, to be a clever silly is a somewhat tragic state; because it entails being cognitively trapped by compulsive abstraction; unable to engage directly and spontaneously with what most humans have traditionally regarded as psycho-social reality; disbarred from the common experience of humankind and instead cut-adrift on the surface of a glittering but shallow ocean of novelties: none of which can ever truly convince or satisfy. It is to be alienated from the world; and to find no stable meaning of life that is solidly underpinned by emotional conviction. Little wonder, perhaps, that clever sillies choose sub-replacement reproduction.” [2]
AND
“If some humility could be taught to the clever silly before he begins to form an idea about a matter of widespread social and political importance, perhaps then he could be persuaded to bear in mind a paraphrase of a line by Groucho Marx: Any idiot could understand this matter; fetch me an idiot!”
[1] Bruce G. Charlton, “Clever Sillies: Why High IQ People Tend to be Deficient in Common Sense”, Medical Hypotheses, in press, 2009, p.1. (For more of Dr Charlton’s works, see here and here.)

[2] Ibid., pp.3-4. David Stove was also good on clever sillies. See, for instance, his “Righting Wrongs”, in On Enlightenment, ed. A. Irvine (New Brunswick and London: Transaction Publishers, 2003), and “The Oracles and Their Cessation: a Tribute to Julian Jaynes”, in Cricket versus Republicanism, and Other Essays (Sydney: Quakers Hill Press, 1995).

Illuminati announce their party platform

I ran into a British blog called armageddonconspiracy.uk that purports to be the platform of  Illuminism.

Instead of bashing the illumined ones and the rationalist enlightenment, the blog claims that Illuminism is the ONLY answer to the Old World Order.

It’s message is that no thinking person should fight the New World Order, since it’s infinitely preferable to fight the Old World Order. That would be the Old World Order of the Satanic Abrahamic god and  Zionist capitalism.

The site addresses itself to everyone who hates the monotheistic religions (Islam, Christianity, Judaism).

It addresses itself ostentatiously to the pagan world.  It tells you to stop looking for God and become God yourself.

Wake up your inner Lucifer.

What, according to the blog, is the Illuminati platform?

First, it abhors democracy, which it calls dumbocracy.

It ridicules monarchy.

It claims Star Wars as its inspiration.

It calls itself MERITOCRACY and it proposes a 100 percent inheritance tax as the means by which society is leveled.

In essence, the Illuminist platform demands that society proceed to a total technocracy, ruled by those who win the meritocratic race.

Undefined, of course, is how merit will be defined.

And who will define it.

All inheritance taxes will go to educate the public, which has the right to any surplus you’ve accumulated at the time of your death.

The blog decries Occupy Wall Street as ineffectual street theater, yet its language (1% versus 99%) comes straight out of Occupy.

The blog claims to propose a new revolution, yet its proposals sound like the old revolution,  the communist revolution.

100% taxation is just nine percent more than what Mark Ames  of the commie rag eXile called for a couple of years ago.

If Mark Ames is the New World Order, go back to sleep.

The blog uses the short-hand of populist anger at the 2008 bail-outs, short-hand  like “too big to fail,” “casino capitalism,” and “the richest 400.”  It co-opts that anger.

It makes “the people” (the social collective) the judge and jury of everything.

The blog decries the testosterone of  “free-racket” capitalism and praises the oestrogen-laden future world of “social capitalism”  – which is the best of socialism and capitalism combined.

Maybe that’s why the Daily Mail, a middle-class tabloid with a long history of war-mongering on behalf of imperialism came out recently with a piece entitled, “Why men need women’s hormones’ too,” Sept. 12, 2013.

But it was the Mail which also ran reports that oestrogen from the Pill was finding its way into the water supply and contributing to the decline of the male libido. That was in a piece that ended with dire warnings about global warming (“Fertility time-bomb found in drinking water”)

The Daily Mail is owned by Viscount Rothermere, a big supporter of David Cameron.

Under the current Viscount’s grand-father, the Mail was a supporter of Oswald Mosley and Hitler and urged ordinary Britons into war repeatedly.

Meanwhile, Rothermere himself, like his predecessors,  pays not a dime in taxes to the government on whose behalf he propagandizes.

So that’s who wants  oestrogen to be the chemical of the NWO.

And maybe that’s why we have  books announcing the rise of oestrogen, like Hanna Rosin’s “The End of Men.”

This is eco-feminism, the goddess caper.

And sure enough,  there’s also the mandatory bit on the blog about “oxytocin,” the cooperative chemical. The bonding chemical.

Oxytocin was branded the “emotional super-power” of women, in Naomi Wolf’s NWO advertisement, “Vagina.”

[Wolf branded   “dopamine,” the “Goddess” chemical.]

Diagnosis?

Yet another Rothschild-funded website, telling you what to think and where to go.

What’s the joke?

See how easy it is to get from “the Illuminati are evil” to “Come, sign up with the Illuminati.”

The joke is also how many of those anti-Illuminati anti-NWO activists were always just NWO fronts…

If this blog states its case plainly,  it’s because fronts aren’t needed anymore.

The mask is off.

You are now officially in the Illumined world.

That was what that recent Salon piece was all about, “The elite’s strange plot to take over the world,” Sept. 20, 2013

It admitted that the conspiracists were right all along…..

Globalist Rajan chairs Reserve Bank of India (Updated)

Update 2:

On October 29, in response to a firestorm around his appointment, Rajan denied he’s an American citizen and says he only has a green card. For my analysis of the whole episode as a psyop, see this post.

Update:

I noticed that the picture of Rajan on the blog describes him as an American and an Indian citizen. This is spurious.

While the US allows dual citizenship, India does not. Rajan could not be an Indian citizen and still be an American citizen. The description is intentionally misleading.

India offers the category of OCI or Overseas Citizen of India, which is NOT citizenship proper, since it does not let you have an Indian passport or an Indian vote. It just gives parity in the field of employment and investment and obviates the need to register with the police every year.

Rajan is a US citizen, not an Indian, and he’s in charge of the RBI! That is simply incredible.

Original post:

GreatGameIndia..com describes how the American who heads the Reserve Bank of India is being given rock-star treatment by the Rothschild media.

Why not? He’s on a mission for the globalists – driving Indians out of the agricultural sector to make way for the multinationals:

“Welcomes don’t get much warmer than this—especially not for central bankers. But Raghuram Rajan, the new governor of the Reserve Bank of India, is being treated like a Rockstar by the media and a savior by the markets.

In his first briefing since taking office as governor on Sept. 4, Rajan announced plans to bolster the financial sector and support the rupee. None of the measures were ground-breaking, but the reaction was exuberant. The Economic Times, India’s leading financial newspaper, sketched Rajan as James Bond, replete with a sharp suit and a gun made out of rupee notes.

Never mind his American citizenship nor the various prestigious organizations he is associated with such as University of Chicago, World Bank, US Federal Reserve Board, Swedish Parliamentary Commission, American Finance Association, International Monetary Fund (IMF) etc. However, one distinct accolade that he has earned is the entry into an elite group of economist czars called the Group of Thirty or just G30 very recently last year just before becoming the Bank Boss of India. For the scope of this article we’ll need to dwell a bit on the background of G30.

History of Group of Thirty G30

The Group of 30 is a Rockefeller-sponsored group of leading Central Bankers and academics a Washington, D.C. based institution which counts as its members many of the more powerful banks and financial institutions in the world. The Group of Thirty, chaired by former Federal Reserve Chairman Paul VoIcker, includes the current heads of the Bank of France, the Bank of Tokyo, the Bank of Italy, the Bank of Israel, the former head of the German Bundesbank and now even the Reserve Bank of India. Also represented are many of the top commercial and investment banks, including Citicorp, J.P. Morgan, Morgan Stanley, Merrill Lynch, Deutsche Bank, the Industrial Bank of Japan, and J. Rothschild International Assurance Holdings.

The Group of Thirty is, in short, a mouthpiece for the international financial operatives who created the speculative bubble that is now exploding. It is a sort of vampires’ club – an elite group which is planning the reorganization of the world monetary system.

Since late 1981, the IMF and the multinational financial oligarchies have realized that the developing countries would not be able to pay their debts under their original terms. The Group of Thirty, designed a strategy to use the debt crisis to smash sovereignty. Their perspective is to create a world council with executive powers to dictate and supervise financial policies of each “sovereign” nation to allow free reign for nation-less capital. This entity would be made up of the IMF and the central banks, act independently from national governments and be coordinated by the Bank for International Settlements, based in Basel, Switzerland.

(Lila: That is why End the Fed is an empty slogan, as I blogged here. The money is being conjured at the BIS).

This is the same group that outlined the plan for changing the laws and regulations of nations, in order to protect their derivatives trading and perpetuate the bubble as long as they can. One of the G30 benefactors is the Open Society Foundation, with upon further examination is a George Soros founded organization. Another of the G30 benefactors is the Whitehead Foundation, which was started by John C. Whitehead, the former managing partner for Goldman Sachs, and Deputy Secretary of State in the Reagan Administration.

G30 and more specifically former Fed Chairman Paul Volcker was the major player in moving the USD off the gold standard under Nixon and was the prime mover at the Treasury in establishing Bretton Woods II. Volcker and his buddies at the G30 have not only known about but have methodically planned the global monetary regime that was instituted in response to the Global Financial Crisis caused by the derivatives time bomb (see G-30 manual on derivatives published in 1993).

Now it shouldn’t come as a surprise to you when our Pied-Piper Raghuram Rajan played the tune on how the world will fall into a hole; one of the few who predicted the 2008 financial crisis. The question is – to what end ?

With the world’s financial system in the midst of the biggest blowout in modern history, it is useful to take a look at the latest proposals from the so-called financial experts, as a way of demonstrating their incompetence to devise a solution to a crisis for which they themselves are largely responsible.

In an interview given to The New York Times Mr Rajan explains his definition of growth and provides his solution to the ailing economy :

In terms of where will growth come from, it doesn’t need to come from fancy stuff like extraordinary innovation of one kind or another. Just getting people from agriculture into services and industry itself is growth.

[Lila: India has now lost food self-sufficiency altogether and prices are rising across the board on all grocery items, which cost nearly as much as they do in the West, at salaries far far lower.}

I think India’s medium-term future is moving people out of agriculture into industry and services. Services, you know, some extent we have a sort of a sense of what it takes. And India’s service sector is disproportionately large for a country of its income. Where we have had less success is industry, and the question is can we sort of find a way to free the path for small and medium industry, and not just keep them forever as small and medium industries but allow them to grow into large industries.

In another interview given to The Economic Times he extrapolates it further :

There is a tremendous amount of value-add that can be created in services. In India, especially, financial services as also IT and others are where most value-add is created. Unfortunately, even though services account for 60% of the GDP, they don’t account for nearly as much for jobs. They account for just 15% of the jobs. What we need to focus on is perhaps thinking broadly about how we create services that will generate many more jobs.

Highlighting sectoral disparities building up in the economy, Rajan said in another interview to The Hindu Business Line that while agriculture’s share was declining, that of services had gone up. Manufacturing had remained flat.

This is not surprising. As countries grow, agriculture declines. What is special about India is that the exit of people from agriculture has not kept pace. (no you’re not delusional; read again)

Increasingly, people in agriculture are impoverished relative to those having jobs in industry or service”.

We managed to move the States together, but perhaps we need to do more on the sectoral side to move people out of agriculture into other areas

The ridiculousness of these statements is only complemented by the audacity with which it is said considering the fact that these conclusions are derived with a conviction and in full cognizance of their effects and consequences.

What is striking to me however is that I had heard this tune before. It’s enigmatic melody is so familiar to my ears that it’s been ringing in my head ever since. I had heard it play in what is called the Mecca of Book Lovers – the Jaipur Literature Festival by another piper that goes by the name of Ruchir Sharma; head of Emerging Markets and Global Macro at Morgan Stanley Investment Management and author of the international bestselling tune Breakout Nations: In Pursuit of the Next Economic Miracles.

I remember this distinctly because when questioned by me about the very definition of growth and the solutions for development he was talking about I received the very same answer from him. So similar was the tune that I had to sit up and take notice. Remember that these two are the top Indian thinkers on the Forbes list. So when they speak people listen to them unquestioned like words of God.

Never mind that the Forbes family made their fortunes off of the Opium trade that was forcibly grown in India after ruining the agricultural lands and pushing the farmers into opium cultivation that was sold to the Chinese making their entire generations addicted onto it that made them unable to resist and fight when the time came during the Opium Wars; ultimately losing Hong Kong to the Rothschild gang-controlled East India Company.

Hong Kong became the hub of Opium trafficking and later Hongkong and Shanghai Banking Corporation (HSBC Bank) was founded on the trafficking money to better launder and manage the booty. Forbes was one of the directors of HSBC and later founded the Forbes magazine as we all know. These are respected family names now.”

For the American connections to the opium trade see this lengthy blog post by Linda Minor, “Why Would the Harvard Corporation Protect the Drug Trade?”

And in case you dismiss all that as history, here are stories about the advent of the opium trade and mass addiction to India. Only two decades ago, they were unheard of.

See the following:

Indian Farmers, Maoists Team Up In Drug Trade” (Stopthedrugwar.org)

“Drug trafficking: Money Funds Terror Acts in India”

FBI statistics counter PC narrative on race

This post originally used a comment at a blog that I then had a chance to check out and found unpalatable, so I’ve deleted it and just retained FBI statistics below:

Lila: Let’s check the FBI statistics for “hate crimes” (its own pet index) as a rough short-hand for the existence of hatred for minorities (with the caveat that what’s reported is not equal to what might exist):

FBI.gov hate crimes for 2011 by state:

Total no. of incidents: 6,222

No. 1 California: 1040

Thereby disproving the sexual libertinism=racial paradise thesis

spun by the Hollywood-CIA mind-control factory

No. 2  New York: 542

Home of Wall-Street-govt stock mafia

No. 3  New Jersey:  508

Bedroom state for NY financial mafia and HQ of Democrat political machinery

No. 4 Massachussetts:  367

HQ of government-academic complex and PC factory

Lila: Of course, statistics can be massaged any which way: correlations are not causations, absolute numbers are not relative numbers and a whole bunch of other things, but as far as narratives go, it looks like there’s evidence enough to spin things counter to the official PC story of racism.

Rothbardian natural law v. Catholic natural law

Edward Feser, one of the best Catholic thinkers in the blogosphere, delivers the Hayek memorial lecture at the Austrian Scholars Conference in Auburn, 2005:

“Three things would seem to follow from this.  The first is that the only freedom of action we can have an absolute natural right to is whatever level of freedom is required for us to be able to make truly voluntary moral choices and thus develop genuinely virtuous character.  The second is that this would seem to entail that to some significant degree, determining the specific amount of freedom we ought to have from outside interference with our moral choices must be a matter of prudential judgment and contingent circumstances rather than a clear-cut appeal to self-ownership rights.  The third is that this is bound to entail that it is at least in principle legitimate for government to outlaw actions that are, from the point of view of natural law, intrinsically immoral, such as prostitution, the sale of illicit drugs and pornography, and so forth.

I want to emphasize that none of this is meant by itself to prove that there ought at the end of the day to be laws against every behavior considered vicious from a natural law point of view.  It is rather to say that the Catholic natural law tradition holds that to a significant degree the question of whether there ought to be such laws is a matter of prudence, not a matter of respecting rights.  Rothbardian arguments to the effect that certain specific drug laws, for example, are draconian and entail a dangerous increase in government power, or that the cost in some circumstances of outlawing vicious behavior might outweigh any benefits to be gained, lose none of their force.  But the Rothbardian view that such laws against intrinsically immoral behavior are always inherently unjust, always violations of natural rights of self-ownership, is incompatible with the Catholic conception of natural law.

Comment:

And that is roughly where my thinking on the matter is, although of course I’m on the opposite side of Feser’s positions on the Iraq war ….and on several other issues, I imagine.

But that is for prudential reasons.

I think one can with ease call oneself a Christian and a libertarian…..

I think it’s self-delusion to claim to be a traditional Catholic and a consistent Rothbardian.

That doesn’t make me part of any anti-Rothbard cult.

In fact, it’s a busy day when I see anything other than a gecko or a squirrel…let alone so sophisticated a mammal as an anti- Rothbardian.

And I’ve no wish to change that.

Not that I’m a Catholic, traditional or otherwise, either. And I don’t subscribe to Feser’s assertion that  the Judeo-Christian monotheistic tradition alone establishes the dignity of man.

That sounds like reaching.

It’s just that when it comes to furnishing my mind, I’ll take the quality and style that’s stood up to all weather for some twenty centuries before I’ll spend good time and energy on inventory assembled in the  shadow of the Cold War.

Zuckerberg’s FaKe-book targets third-world for data-mining

Anthony Wile at the Daily Bell points out more alarming evidence linking Mark Zuckerberg’s sinister venture to the intelligence agencies:

“In Facebook’s case, there is clear monetary evidence linking Facebook to the CIA and other Intel outfits.

Here, from the New Zealand Herald, circa 2007:

There is a dark side to the success story that’s been spreading across the blogosphere. A complex but riveting Big Brother-type conspiracy theory which links Facebook to the CIA and the US Department of Defence.

The CIA is …using a Facebook group to recruit staff for its very sexy sounding National Clandestine Service.

Checking out the job ads does require a Facebook login, so if you haven’t joined the site – or are worried that CIA spooks will start following you home from work -check them out on the agency’s own site.

The story starts once Facebook founder Mark Zuckerberg had launched … Facebook’s first round of venture capital funding ($US500,000) came from former Paypal CEO Peter Thiel. Author of anti-multicultural tome ‘The Diversity Myth’, he is also on the board of radical conservative group VanguardPAC.

The second round of funding into Facebook ($US12.7 million) came from venture capital firm Accel Partners. Its manager James Breyer was formerly chairman of the National Venture Capital Association, and served on the board with Gilman Louie, CEO of In-Q-Tel, a venture capital firm established by the Central Intelligence Agency in 1999. One of the company’s key areas of expertise are in “data mining technologies”.

Breyer also served on the board of R&D firm BBN Technologies, which was one of those companies responsible for the rise of the internet.

Dr Anita Jones joined the firm, which included Gilman Louie. She had also served on the In-Q-Tel’s board, and had been director of Defence Research and Engineering for the US Department of Defence.

She was also an adviser to the Secretary of Defence and overseeing the Defence Advanced Research Projects Agency (DARPA), which is responsible for high-tech, high-end development.

… Wikipedia’s IAO page says: “the IAO has the stated mission to gather as much information as possible about everyone, in a centralised location, for easy perusal by the United States government, including (though not limited to) internet activity, credit card purchase histories, airline ticket purchases, car rentals, medical records, educational transcripts, driver’s licenses, utility bills, tax returns, and any other available data.”.

Not surprisingly, the backlash from civil libertarians led to a Congressional investigation into DARPA’s activity, the Information Awareness Office lost its funding.

Now the internet conspiracy theorists are citing Facebook as the IAO’s new mask.

Facebook’s own Terms of use state: “by posting Member Content to any part of the Web site, you automatically grant, and you represent and warrant that you have the right to grant, to facebook an irrevocable, perpetual, non-exclusive, transferable, fully paid, worldwide license to use, copy, perform, display, reformat, translate, excerpt and distribute such information and content and to prepare derivative works of, or incorporate into other works, such information and content, and to grant and authorise sublicenses of the foregoing.

Nothing has really changed with Facebook. It’s still the same odd business, pilfering information from its users to resell or trade with others. When company officials were making public statements about 800 million users, SEC filings revealed 400 million users, and even that number was probably exaggerated.

And recently we read this about Facebook, posted at Wired and entitled “Facebook Is Trying to Buy Its Way Into the Developing World” …

Facebook just plunked down a reported $100 million to $200 million to buy a company that trims smartphone bills. And there’s a good reason for that: The social network needs new users, and those users are increasingly cash strapped.

At a time when new U.S. users are drying up and saturation in other developed markets is on the horizon, Facebook is increasingly prioritizing emerging markets to fuel growth. It’s a tricky gambit, given the paucity of online and commercial infrastructure in such markets, and one that could take years to pay off. But Facebook could reap the spoils of being a pioneer, among the first to tackle a challenge that other large internet companies, Twitter foremost among them, will soon be grappling with themselves.

Israel-based Onavo said it is being acquired by Facebook, giving Facebook a suite of apps for reducing mobile data usage via com. Trimming smartphone bills is particularly important for users in developing countries, and Onavo is Facebook’s second big play for such users in as many months, the other being its Internet.org initiative to wire the developing world.

“We … hope to play a critical role in reaching one of Internet.org’s most significant goals — using data more efficiently so that more people around the world can connect and share,” Onavo CEO Guy Rosen says in a blog post.

Such a goal may sound generous, but Facebook’s motives are hardly altruistic: The company needs the developing world in order to grow.

Revenue grew 88 percent in emerging markets versus just 43 percent in the U.S. Monthly users in the second quarter grew 32 percent in Asia and 29 percent in Africa, South America, and other emerging markets — compared to just 6 percent in the U.S.”

NSA spying on Italian citizen chatter

From Aletho News:

“Everyday communications of Italians are also on the watch list of the US National Security Agency, a new report has revealed. While an Italian parliamentary committee seeks clarification of NSA activities, local security sources defend the snooping.

Italy’s spy watchdog COPASIR has recently learned details of large-scale monitoring of Italians by the US intelligence agency NSA, according to a report published by Corriere della Sera.

COPASIR stands for Parliamentary Committee for the Intelligence and Security Services and for State Secret Control, and is tasked with overseeing the activities of Italy’s own spy agencies. The body has free access to intelligence agencies’ offices and documents and has the authority to overcome judicial and banking secrecy.

In order to confirm the snooping on Italians, the committee members had to go to the United States and meet with US intelligence agency directors, as well as with congressional committee chairs.

A delegation of parliamentarians from the COPASIR confirmed their concerns regarding the extent of the NSA’s PRISM surveillance program during an official visit to the US three weeks ago, the media said. As part of the program, phone calls and computer communications of “millions of Italians” are reportedly being gathered.

Moreover, Corriere della Sera added that the implications extended to “a monitoring network that started years ago and is still active,” of which the Italian government and spy agencies might have been well aware of.

Such discoveries have prompted uneasy questions to officials, with leading members of COPASIR now seeking clarification from the government, and reportedly awaiting the junior minister for the intelligence services, Marco Minniti, to visit the committee’s offices on Wednesday afternoon.

Meanwhile, Italian intelligence sources quoted in the report rushed to justify the surveillance activities of their partners.

The acquisition of the sensitive private information “has as its sole aim the fight against terrorism,” one source was quoted as saying, while another denied that the NSA’s spying ever breached Italy’s sovereignty.

“We have never had any evidence that this kind of monitoring might have involved political spying on Italian public figures. All our investigations into any such eventuality have proved negative,” the source maintained.

However, such explanations did not satisfy COPASIR, nor did the NSA deputy director’s promise of “a complete overview of communications to and from the United States.”

According to the Italian media, the committee member Claudio Fava from Left Ecology Freedom (SEL) party, was “openly perplexed” as he commented on such statements.

“It’s a data trawling system based on various sensors. US intelligence experts explained that their main concern was to comply with American data protection laws and intervene to safeguard national security. Whether this conflicts with other countries’ laws is of no concern to them but it should be to us,” Fava was quoted as saying.

Another COPASIR member, Felice Casson of the Democratic Party (PD), said that the replies the committee received from top Italian intelligence officials were “far from reassuring.”

“It is clear that the United States has acquired information on individuals and institutions across Europe. What concrete elements exist to rule out that this has happened to politicians and institutions in Italy?” Casson questioned.

Leading Democratic Party (PD) politician Ettore Rosato also demanded an explanation from the government, saying that “a few months ago, when the first [NSA whistleblower Edward Snowden’s] revelations emerged, both the prime minister, Enrico Letta, and the foreign minister, Emma Bonino, professed astonishment at what came out.”

So far, the documents obtained by various world media from the former NSA contractor Snowden have revealed that the Italian embassy in Washington was subject to spying along with the diplomatic missions of other countries. Italian intelligence sources have been careful to deny the claims only “off the record,” Corriere della Sera says.

Right before the NSA scandal emerged, the collaboration between Italian and American intelligence services was “at its peak,” and, according to the media, included sharing of communications through the SIGINT interception system. However, such cooperation appeared to have been justified by the ongoing allied wars in Iraq and Afghanistan and the search for western hostages there, the media adds.

But in the wake of recent revelations on the US spying activities in France, which triggered a media frenzy and public outrage, the media speculates Italy may find it difficult to maintain the same “stance” towards the NSA programs.”

Pope Francis: Nightmare for Catholics?

Note: No offense intended to Catholics or Jesuits.

At Slate Michael Dougherty, national correspondent for The American Conservative writes:

“But the other way to look at the dawn of this papacy is that it is one more in the pile of recent Catholic novelties and mediocrities. He is the first Latin American pope, the first Jesuit to be pope, and the first to take the name Francis. And so he falls in line with the larger era of the church in the past 50 years which has been defined by ill-considered experimentation: a “pastoral” ecumenical council at Vatican II, a new synthetic vernacular liturgy, the hasty revision of the rules for almost all religious orders within the church, the dramatic gestures and “saint factory” of Pope John Paul II’s papacy, along with the surprise resignation of Benedict XVI. In this vision, Benedict’s papacy, which focused on “continuity,” seems like the exception to an epoch of stunning and unsettling change, which—as we know—usually heralds collapse.

There are reasons to believe that Pope Francis is a transitional figure, unlikely to effect major reform at the top of the church. He is not known as a champion of any theological vision, traditional or modern. He is just two years younger than Pope Benedict was upon his election eight years ago. He has deep connections to Italy, but little experience with the workings of the Vatican offices. A contentious reading of Pope Francis’ rise is that Benedict’s enemies have triumphed completely. It is unusual for a one-time rival in a previous election to triumph in a future one. And there is almost no path to Bergoglio’s election without support from curial Italians, combined with a Latin American bloc. Low-level conspiracy theories already flourish in Italy that Benedict’s resignation was the result of a curia determined to undermine his reforms. This election will only intensify that speculation. An older pope who does not know which curial offices and officers need the ax, will be even easier to ignore than Benedict.

Besides his lack of knowledge of the ins and outs of the Vatican, there is almost no evidence of him taking a tough line with anyone in his own diocese. Are we to believe that Buenos Aires has been spared the moral rot and corruption found almost everywhere else in the Catholic clergy? Or, more likely, do we have another Cardinal who looked the other way, and studiously avoided confrontation with the “filth” in the church, no matter the danger to children or to the cause of the church?  Presumption and detraction are sins, but Catholics should gird themselves; the sudden spotlight on his reign may reveal scandal and negligence.”

Comment:

Meanwhile, at ibtimes.com, Conor Adams Sheets noted the following, just before Francis’ accession:

“Even an opinion writer for Pravda, a communist newspaper in Russia, discussed such beliefs two days after Pope Benedict made the unexpected announcement:

“Last night, a lightning stroke [sic] a dome in the city of the Vatican,” he wrote, referencing a widely circulated image showing the freak natural occurrence. “Was it a plot of Haarp program or a sign of an angry sky? Of course, it could be considered as a sign of the Illuminati, one day after the pope’s resignation, which has despaired many of the traditionalist Catholics who believed in him as their last chance.”

Haarp is the acronym for the High Frequency Active Auroral Program, an Alaska-based program funded by the United States military, the University of Alaska and the Defense Advanced Research Projects Agency. It has been invoked in a number of wild conspiracy theories, and the Pravda writer, Nicolas Bonnal, invoked the program’s name in the same breath as his mention of the Illuminati, pointing to the wide range of rumors that have plagued the Catholic Church since Pope Benedict declared that he would be resigning from the papacy.

A variety of conspiracy theories about the Catholic Church gained international attention when author Dan Brown’s popular novels, including 2003 best-seller “The DaVinci Code,” discussed a number of conspiracy theories about the founding of Christianity and the history of Catholicism, including the concept that there was a fight between the shadowy Priory of Sion and Opus Dei groups over the possibility that Jesus Christ married Mary Magdalene.

The popular books include repeated references to — and symbols of — leading conspiracies about the church, drawing from rumors about the Knights of the Templar, pentacles, Satanism, the legend of the Holy Grail and more.”