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HUMANITY DOOMSDAY CLOCK - Moves forward to 2125 due to election of US President trump.

Estimate of the time that Humanity will go extinct or civilization will collapse. The HUMANITY DOOMSDAY CLOCK moves forward to 2125 due to US President trump's abandonment of climate change goals. Apologies to Bulletin of the Atomic Scientists for using the name.

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Friday, January 20, 2012

USA Coup d'Etat 2014

Barry, My Liege:

We can look ahead to 2014.

It is NOT a pretty picture.

You are in a trap, Barry. A big trap.

Here's the trap: Your administration has suspended the Constitution.

This opens the way for a Corporate/Military coup.

Here's the danger: They will come for you and place you under house arrest with your family.

It will be claimed that you have suspended the rights of citizens and the population is clearly in a revolutionary mood.

Therefore, a 'temporary' military dictatorship will be installed to protect the country from your actions.

In case you think this is too far fetched, it is exactly what happened to Gorbachev in Russia. Yeltsin had him placed under house arrest while a dictatorship was installed.

Here's how this comes about: You and the Democrats win a huge plurality in 2012. With that mandate you and the party proceed to address the imbalances in our society.

These actions will infuriate the monied interests and create an emotional imperative within them for action to preserve the status quo.

If you don't try to correct the financial and social imbalances, our country is doomed to a slow decline and third world societal structure.

If you do try to correct the financial and social imbalances, the Corporate/Military power structure will arrest you and install a dictatorship. Today they are pushing the destruction of the Constitution so that tomorrow there will be both an excuse for a coup and a structure to accomplish the coup.

You'll be arrested if you do and villified if you don't correct the imbalances. It's Hobson's Choice and a rock and a hard place, Barry - it's a 50/50 shot.

Here's the only way to avoid this problem: Reverse all the un-Constitutional actions taken recently AND eliminate the Crony Fascism that currently exists between big business executives and top government jobs. But, my liege, these are long shots with uncertain chances of success.

Be careful out there.

Your faithful subject,

Thursday, January 19, 2012

US Constitution Dead

Hey Barry:

You know what? I am going to have to give you a very hard time, Barry. And, Barry, I don't care what Mario Puzo said: it is PERSONAL - it's not just business.

Maybe you are doing all this real bad stuff on purpose and maybe you are doing it by accident. And, maybe some bad folks on your staff are pushing all this.

Here's the clear statement, Barry. You took our freedom from us. You took away the Constitution our Founding Fathers died for.

It does not matter who in your government took it or why they took it.

They are bad and they are traitorous and they are cowardly. The taking of these steps constitutes the overthrow of the Constitution of the United States of America.

As an educated man, you surely know that the genius of the Constitution is that it does not trust any man - it trusts only laws and processes.

Only through established processes and laws can Americans be free. Without those processes and laws, then we are simply subjects of a King and slaves to his whims. We are not citizens.

The Founding Fathers knew first hand what it is like to live under a regime with no laws and no controls. They chose to die fighting rather than to live under that system.

And, Barry, your administration has completed the installation of an arbitrary and potentially despotic Kingship in the USA.

You have made us into slaves subject to your whims.

It does not matter at all that these actions were taken in the name of protecting us from terrorists.

The taking of these actions has given victory to the terrorists. And Barry, you did it.

The specific actions you have taken were described by George Washington University Professor Jonathan Turley in a recent article in the Washington post titled “10 reasons the U.S. is no longer the land of the free”.

Here is a list of the actions as taken from a piece by Boris Volkhonsky in the Voice of Russia; read it here: http://english.ruvr.ru/2012/01/19/64179378.html

' 1. Assassination of U.S. citizens – “President Obama has claimed, as President George W. Bush did before him, the right to order the killing of any citizen considered a terrorist or an abettor of terrorism.” He also notes that countries such as Nigeria, Iran and Syria have been routinely criticized by the U.S. for extrajudicial killings of enemies of the state.

2. Indefinite detention – under the National Defense Authorization Act, terrorism suspects are to be held by the military; the president also has the authority to indefinitely detain citizens accused of terrorism. Here the U.S. finds itself in the company of often-criticized Cambodia. Even no less criticized China has recently codified a more limited detention law for its citizens.

3. Arbitrary justice– the president now decides whether a person will receive a trial in the federal courts or in a military tribunal (the way it is done in China and Egypt).

4. Warrantless searches – the president may order warrantless surveillance, including a new capability to force companies and organizations to turn over information on citizens’ finances, communications and associations (similar laws exist in Saudi Arabia and Pakistan).

5. Secret evidence – the government routinely uses secret evidence to detain individuals and employs secret evidence in federal and military courts.

6. War crimes– in 2009, Obama administration said that it would not allow CIA employees to be investigated or prosecuted for such actions as waterboarding terrorism suspects which amounts to torture and crimes against humanity. Other countries that resist independent investigations of similar war crimes include Iran, Syria and China.

7. Secret court – the government has increased its use of the secret Foreign Intelligence Surveillance Court and the administration has asserted the right to ignore congressional limits on such surveillance. Similar Pakistan surveillance under the unchecked powers of the military or intelligence services exists in Pakistan.

8. Immunity from judicial review – the Obama administration has successfully pushed for immunity for companies that assist in warrantless surveillance of citizens, blocking the ability of citizens to challenge the violation of privacy (similar practice is common for China).

9. Continual monitoring of citizens – the Obama administration has the right to monitor every move of targeted citizens without securing any court order or review. Similar massive surveillance systems exist in Saudi Arabia and Cuba.

10. Extraordinary renditions – the government now has the ability to transfer both citizens and noncitizens to another country under a system known as extraordinary rendition, which has been denounced as using other countries, such as Syria, Saudi Arabia, Egypt and Pakistan, to torture suspects.'

The laws which you have enacted give absolute life and death power to the President of the United States over any citizen for any reason.

While I might trust you, I surely do not trust a Newt Gingrich or a Rick Perry or a Mitt Romney with that power.

But, it is not about trust. It is about laws and freedom.

I am willing to die fighting to protect my freedom from the arbitrary power of you, Barry Obama.

I do not support a country where a private company can corrupt a government so that a war is fought to make that private company richer.

Under your laws, that can happen with no challenge. And, if I speak out, you can have me killed in order to protect those profits.

It is NOT acceptable and it IS worth fighting and dying to overthrow, just as we did in 1776.

Your subject, and not liking it.

Wednesday, January 18, 2012

Bankers Must Take a Haircut UPDATE 2.20 HAIRCUTS WORK

Barry, My Liege:

Hhere's a link to a Bloomberg story about Iceland - their banks forgave debt and the country is growing.

Good news - it CAN be done:
http://www.businessweek.com/news/2012-02-20/icelandic-anger-brings-debt-forgiveness-in-best-recovery-story.html

Your faithful servant.



Hey Barry:




In a copyrighted article, economist Michael Hudson suggests a new economic model to correct misperceptions about current trends which can arise from using older models.

Here is his first paragraph:

'Now that the Bubble Economy has given way to debt deflation, the world is discovering the shortcoming of models that fail to explain how most credit creation today (1) inflates asset prices without raising commodity prices or wage levels, and (2) creates a reciprocal flow of debt service. This debt service tends to rise as a proportion of personal and business income, outgrowing the ability of debtors to pay—leading to (3) debt deflation. The only way to prevent this phenomenon from plunging economies into depression and keeping them there is (4) to write down the debts so as to free revenue for spending once again on goods and services.'

© Michael Hudson, Oct. 27, 2011

The entire article is available here:
http://discussion.worldeconomicsassociation.org/wp-content/uploads/Hudson-Model.pdf

This is interesting beyond academic economics inasmuch as he draws the conclusion that creditors will have to renegotiate debt levels in order for the world's economies to find growth.

At this moment Greece's creditors are hedging on previous promises to reduce debt levels to manageable amounts. Such a reduction is necessary to prevent further economic and social deterioration in Greece and the entire EU by contagion.

One of Mr. Hudson's points is that most debt is used to purchase previously produced assets like houses and office buildings; so, taking on that debt does not result in any new production added to the GDP.

The resulting debt service simply reduces cash flow available to purchase new products. This is another reduction in Aggregate Demand.

Stated as clearly as possible, unless creditors voluntarily renegotiate debt levels to manageable debt service payment for nations, businesses and individuals, the economy will likely enter a further recession.

It is likely that most citizens and nations will find current debt levels unacceptable and will default, unless some significant adjustments are made to their debt.

Your pal,