The Treasury Department would use the interest from these securities to hire U.S. companies to build Saudi Arabia - new cities, new infrastructure - which we've done.
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Confessio Amantis. Explicit Liber Tercius
Incipit Liber Quartus
Dicunt accidiam fore nutricem viciorum,
Torpet et in cunctis tarda que lenta bonis:
Que fieri possent hodie transfert piger in cras,
Furatoque prius ostia claudit equo.
Poscenti tardo negat emolumenta Cupido,
Set Venus in celeri ludit amore viri.
Upon the vices to procede
After the cause of mannes dede,
The ferste point of Slowthe I calle
Lachesce, and is the chief of alle,
And hath this propreliche of kinde,
To leven alle thing behinde.
Of that he mihte do now hier
He tarieth al the longe yer,
And everemore he seith, 'Tomorwe';
And so he wol his time borwe,
And wissheth after 'God me sende,'
That whan he weneth have an ende,
Thanne is he ferthest to beginne.
Thus bringth he many a meschief inne
Unwar, til that he be meschieved,
And may noght thanne be relieved.
And riht so nowther mor ne lesse
It stant of love and of lachesce:
Som time he slowtheth in a day
That he nevere after gete mai.
Now, Sone, as of this ilke thing,
If thou have eny knowleching,
That thou to love hast don er this,
Tell on. Mi goode fader, yis.
As of lachesce I am beknowe
That I mai stonde upon his rowe,
As I that am clad of his suite:
For whanne I thoghte mi poursuite
To make, and therto sette a day
To speke unto the swete May,
Lachesce bad abide yit,
And bar on hond it was no wit
Ne time forto speke as tho.
Thus with his tales to and fro
Mi time in tariinge he drowh:
Whan ther was time good ynowh,
He seide, 'An other time is bettre;
Thou schalt mowe senden hire a lettre,
And per cas wryte more plein
Than thou be Mowthe durstest sein.'
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poem by John Gower
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Confessio Amantis. Explicit Liber Primus
Incipit Liber Secundus
Inuidie culpa magis est attrita dolore,
Nam sua mens nullo tempore leta manet:
Quo gaudent alii, dolet ille, nec vnus amicus
Est, cui de puro comoda velle facit.
Proximitatis honor sua corda veretur, et omnis
Est sibi leticia sic aliena dolor.
Hoc etenim vicium quam sepe repugnat amanti,
Non sibi, set reliquis, dum fauet ipsa Venus.
Est amor ex proprio motu fantasticus, et que
Gaudia fert alius, credit obesse sibi.
Now after Pride the secounde
Ther is, which many a woful stounde
Towardes othre berth aboute
Withinne himself and noght withoute;
For in his thoght he brenneth evere,
Whan that he wot an other levere
Or more vertuous than he,
Which passeth him in his degre;
Therof he takth his maladie:
That vice is cleped hot Envie.
Forthi, my Sone, if it be so
Thou art or hast ben on of tho,
As forto speke in loves cas,
If evere yit thin herte was
Sek of an other mannes hele?
So god avance my querele,
Mi fader, ye, a thousend sithe:
Whanne I have sen an other blithe
Of love, and hadde a goodly chiere,
Ethna, which brenneth yer be yere,
Was thanne noght so hot as I
Of thilke Sor which prively
Min hertes thoght withinne brenneth.
The Schip which on the wawes renneth,
And is forstormed and forblowe,
Is noght more peined for a throwe
Than I am thanne, whanne I se
An other which that passeth me
In that fortune of loves yifte.
Bot, fader, this I telle in schrifte,
That is nowher bot in o place;
For who that lese or finde grace
In other stede, it mai noght grieve:
Bot this ye mai riht wel believe,
Toward mi ladi that I serve,
Thogh that I wiste forto sterve,
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poem by John Gower
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Confessio Amantis. Explicit Liber Septimus
Incipit Liber Octavus
Que favet ad vicium vetus hec modo regula confert,
Nec novus e contra qui docet ordo placet.
Cecus amor dudum nondum sua lumina cepit,
Quo Venus impositum devia fallit iter.
------------------------------------ -----------------------------------------------
The myhti god, which unbegunne
Stant of himself and hath begunne
Alle othre thinges at his wille,
The hevene him liste to fulfille
Of alle joie, where as he
Sit inthronized in his See,
And hath hise Angles him to serve,
Suche as him liketh to preserve,
So that thei mowe noght forsueie:
Bot Lucifer he putte aweie,
With al the route apostazied
Of hem that ben to him allied,
Whiche out of hevene into the helle
From Angles into fendes felle;
Wher that ther is no joie of lyht,
Bot more derk than eny nyht
The peine schal ben endeles;
And yit of fyres natheles
Ther is plente, bot thei ben blake,
Wherof no syhte mai be take.
Thus whan the thinges ben befalle,
That Luciferes court was falle
Wher dedly Pride hem hath conveied,
Anon forthwith it was pourveied
Thurgh him which alle thinges may;
He made Adam the sexte day
In Paradis, and to his make
Him liketh Eve also to make,
And bad hem cresce and multiplie.
For of the mannes Progenie,
Which of the womman schal be bore,
The nombre of Angles which was lore,
Whan thei out fro the blisse felle,
He thoghte to restore, and felle
In hevene thilke holy place
Which stod tho voide upon his grace.
Bot as it is wel wiste and knowe,
Adam and Eve bot a throwe,
So as it scholde of hem betyde,
In Paradis at thilke tyde
Ne duelten, and the cause why,
Write in the bok of Genesi,
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poem by John Gower
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Confessio Amantis. Explicit Prologus
Incipit Liber Primus
Naturatus amor nature legibus orbem
Subdit, et vnanimes concitat esse feras:
Huius enim mundi Princeps amor esse videtur,
Cuius eget diues, pauper et omnis ope.
Sunt in agone pares amor et fortuna, que cecas
Plebis ad insidias vertit vterque rotas.
Est amor egra salus, vexata quies, pius error,
Bellica pax, vulnus dulce, suaue malum.
I may noght strecche up to the hevene
Min hand, ne setten al in evene
This world, which evere is in balance:
It stant noght in my sufficance
So grete thinges to compasse,
Bot I mot lete it overpasse
And treten upon othre thinges.
Forthi the Stile of my writinges
Fro this day forth I thenke change
And speke of thing is noght so strange,
Which every kinde hath upon honde,
And wherupon the world mot stonde,
And hath don sithen it began,
And schal whil ther is any man;
And that is love, of which I mene
To trete, as after schal be sene.
In which ther can noman him reule,
For loves lawe is out of reule,
That of tomoche or of tolite
Welnyh is every man to wyte,
And natheles ther is noman
In al this world so wys, that can
Of love tempre the mesure,
Bot as it falth in aventure:
For wit ne strengthe may noght helpe,
And he which elles wolde him yelpe
Is rathest throwen under fote,
Ther can no wiht therof do bote.
For yet was nevere such covine,
That couthe ordeine a medicine
To thing which god in lawe of kinde
Hath set, for ther may noman finde
The rihte salve of such a Sor.
It hath and schal ben everemor
That love is maister wher he wile,
Ther can no lif make other skile;
For wher as evere him lest to sette,
Ther is no myht which him may lette.
Bot what schal fallen ate laste,
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poem by John Gower
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Confessio Amantis. Explicit Liber Secundus
Incipit Liber Tercius
Ira suis paribus est par furiis Acherontis,
Quo furor ad tempus nil pietatis habet.
Ira malencolicos animos perturbat, vt equo
Iure sui pondus nulla statera tenet.
Omnibus in causis grauat Ira, set inter amantes,
Illa magis facili sorte grauamen agit:
Est vbi vir discors leuiterque repugnat amori,
Sepe loco ludi fletus ad ora venit.
----------------------------------- ------------------------------------------------
If thou the vices lest to knowe,
Mi Sone, it hath noght ben unknowe,
Fro ferst that men the swerdes grounde,
That ther nis on upon this grounde,
A vice forein fro the lawe,
Wherof that many a good felawe
Hath be distraght be sodein chance;
And yit to kinde no plesance
It doth, bot wher he most achieveth
His pourpos, most to kinde he grieveth,
As he which out of conscience
Is enemy to pacience:
And is be name on of the Sevene,
Which ofte hath set this world unevene,
And cleped is the cruel Ire,
Whos herte is everemore on fyre
To speke amis and to do bothe,
For his servantz ben evere wrothe.
Mi goode fader, tell me this:
What thing is Ire? Sone, it is
That in oure englissh Wrathe is hote,
Which hath hise wordes ay so hote,
That all a mannes pacience
Is fyred of the violence.
For he with him hath evere fyve
Servantz that helpen him to stryve:
The ferst of hem Malencolie
Is cleped, which in compaignie
An hundred times in an houre
Wol as an angri beste loure,
And noman wot the cause why.
Mi Sone, schrif thee now forthi:
Hast thou be Malencolien?
Ye, fader, be seint Julien,
Bot I untrewe wordes use,
I mai me noght therof excuse:
And al makth love, wel I wot,
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poem by John Gower
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The Vision Of Piers Plowman - Part 03
Now is Mede the mayde and no mo of hem alle,
With bedeles and baillies brought bifore the Kyng.
The Kyng called a clerk - l kan noght his name -
To take Mede the maide and maken hire at ese.
I shal assayen hire myself and soothliche appose
What man of this world that hire were levest.
And if she werche bi wit and my wil folwe
I wol forgyven hire this gilt, so me God helpe!'
Curteisly the clerk thanne, as the Kyng highte,
Took Mede bi the myddel and broghte hire into chambre.
Ac ther was murthe and mynstralcie Mede to plese;
That wonyeth at Westmynstre worshipeth hire alle.
Gentilliche with joye the justices somme
Busked hem to the bour ther the burde dwellede,
Conforted hyre kyndely by Clergies leve,
And seiden, ' Mourne noght, Mede, ne make thow no sorwe,
For we wol wisse the Kyng and thi wey shape
To be wedded at thi wille and wher thee leef liketh
For al Conscienees cast or craft, as I trowe.'
Mildely Mede thanne merciede hem alle
Of hire grete goodnesse - and gaf hem echone
Coupes of clene gold and coppes of silver,
Rynges with rubies and richesses manye,
The Ieeste man of hire meynee a moton of golde.
Thanne laughte thei leve thise lordes at Mede.
With that comenclerkes to conforten hire the same,
And beden hire be blithe - 'For we beth thyne owene
For to werche thi wille the while thow myght laste.'
Hendiliche heo thanne bihighte hem the same -
To loven hem lelly and lordes to make,
And in the consistorie at the court do callen hire names.
' Shal no lewednesse lette the clerke that I lovye,
That he ne worth first avaunced for I am biknowen
Ther konnynge clerkes shul clokke bihynde.'
Thanne cam ther a confessour coped as a frere;
To Mede the mayde [mekeliche he loutede]
And seide ful softely, in shrift as it were,
'Theigh lewed men and lered men hadde leyen by thee bothe.
And Falshede hadde yfolwed thee alle thise fifty wynter,
I shal assoille thee myself for a seem of whete,
And also be thi bedeman, and bere wel thyn er[ende],
Amonges knyghtes and clerkes, Conscience to torne.
Thanne Mede for hire mysdedes to that man kneled,
And shrof hire of hire sherewednesse - shamelees, I trowe;
Tolde hym a tale and took hym a noble
For to ben hire bedeman and hire brocour als.
Thanne he assoiled hire soone and sithen he seide,
' We have a wyndow in werchynge, wole stonden us ful hye;
Woldestow glaze that gable and grave therinne thy name,
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poem by William Langland
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Confessio Amantis. Explicit Liber Quintus
Incipit Liber Sextus
Est gula, que nostrum maculavit prima parentem
Ex vetito pomo, quo dolet omnis homo
Hec agit, ut corpus anime contraria spirat,
Quo caro fit crassa, spiritus atque macer.
Intus et exterius si que virtutis habentur,
Potibus ebrietas conviciata ruit.
Mersa sopore labis, que Bachus inebriat hospes,
Indignata Venus oscula raro premit.
---------------------------------- -------------------------------------------------
The grete Senne original,
Which every man in general
Upon his berthe hath envenymed,
In Paradis it was mystymed:
Whan Adam of thilke Appel bot,
His swete morscel was to hot,
Which dedly made the mankinde.
And in the bokes as I finde,
This vice, which so out of rule
Hath sette ous alle, is cleped Gule;
Of which the branches ben so grete,
That of hem alle I wol noght trete,
Bot only as touchende of tuo
I thenke speke and of no mo;
Wherof the ferste is Dronkeschipe,
Which berth the cuppe felaschipe.
Ful many a wonder doth this vice,
He can make of a wisman nyce,
And of a fool, that him schal seme
That he can al the lawe deme,
And yiven every juggement
Which longeth to the firmament
Bothe of the sterre and of the mone;
And thus he makth a gret clerk sone
Of him that is a lewed man.
Ther is nothing which he ne can,
Whil he hath Dronkeschipe on honde,
He knowth the See, he knowth the stronde,
He is a noble man of armes,
And yit no strengthe is in his armes:
Ther he was strong ynouh tofore,
With Dronkeschipe it is forlore,
And al is changed his astat,
And wext anon so fieble and mat,
That he mai nouther go ne come,
Bot al togedre him is benome
The pouer bothe of hond and fot,
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poem by John Gower
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Met Pet Goat While Twin Towers Burn
"9/11 justified
invasion Afghanistan?
really Taliban
zero hijackers
zero links
to al-Qaeda?
at the time
hijackers were Arab?
not Afghani?
President George W. Bush
failed nation America
ordered total no shot down"
9: 03 a.m. Bush no action partakes
in a meaningless primary publicity
photo-op ignoring responsibility
continental US is already under attack
at Emma E. Booker Elementary
School in Sarasota, Florida
Mr President beat around the Bush
is reading 'Met Pet Goat'
to school children
for five critical minutes
after he had been told
second World Trade
Center tower had been hit
that America was under attack
wait rewind "What's the time? "
approximately 8: 48 a.m.
morning September 11 2001
first pictures of burning
World Trade Center
are broadcast on live television
reporters news anchors viewers
have had no advance warning
"What has happened in lower Manhattan?
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poem by Terence George Craddock
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The Secret Life Of Arabia
The secret life of arabia
Secret secrets never seen
Secret secrets ever green
I was running at the speed of life
Through mornings thoughts and fantasies
Then I saw your eyes at the cross fades
Secret secrets never seen
Secret secrets ever green
The secret life of arabia
Never here never seen
Secret life ever green
The secret life of arabia
You must see the movie the sand in my eyes
I walk through a desert song when the heroine dies
Arabia (secret secret)
Arabia (secret)
Arabia (secret secret)
Arabia
Arabia (secret secret)
Arabia
Arabia (secret secret)
Arabia
Arabia (secret secret)
Arabia
Arabia (secret secret)
The secret life of arabia
Never here never seen
Secret life ever green
song performed by David Bowie
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Confessio Amantis, Book III
Appolinus his lev{.e} tok,
To God and al the lond betok
With al the poeple long and brod,
That he no lenger there abod.
The king and queen{.e} sorw{.e} mad{.e},
Bot yit somdiel thei weren glad{.e}
Of such thing as thei herden tho:
And thus betwen the wel and wo
To schip he goth, his wif with child{.e},
The which was ever{.e} meke and myld{.e}
And wold{.e} noght departe him fro,
Such lov{.e} was betwen hem tuo.
Lichorida for hire offic{.e}
Was tak{.e}, which was a norric{.e},
To wend{.e} with this yong{.e} wif,
To whom was schape a woful lif.
Withinne a time, as it betidd{.e},
Whan thei were in the see amidd{.e},
Out of the north they sihe a cloud{.e};
The storm aros, the wynd{.e}s loud{.e}
Thei blewen many a dredful blast,
The welkn{.e} was al overcast,
The derk{.e} nyht the sonne hath under,
Ther was a gret tempeste of thunder:
The mone and ek the sterr{.e}s both{.e}
In blak{.e} cloud{.e}s thei hem cloth{.e},
Wherof here briht{.e} lok thei hyd{.e}.
This yong{.e} ladi wepte and crid{.e},
To whom no confort myhte avail{.e};
Of child{.e} sche began travail{.e},
Wher sche lay in a caban clos:
Hire woful lord fro hire aros,
And that was longe er eny morw{.e},
So that in anguisse and in sorw{.e}
Sche was deliver{.e}d al be nyht{.e}
And ded in every mannes syht{.e};
Bot nath{.e}les for al this wo
A maid{.e} child was bor{.e} tho.
Appolinus whan he this knew,
For sorwe a swoune he overthrew,
That noman wiste in him no lif.
And whanne he wok, he seide, "Ha, wif,
Mi lust, mi joi{.e}, my desir,
Mi welthe and my recoverir,
Why schal I live, and thou schalt dy{.e}?
Ha, thou fortune, I thee deffi{.e},
Nou hast thou do to me thi werst{.e}.
Ha, hert{.e}, why ne wolt thou berst{.e},
That forth with hire I myht{.e} pass{.e}?
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poem by John Gower
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The Vision Of Piers Plowman - Part 10
Thanne hadde Wit a wif, was hote Dame Studie,
That lene was of lere and of liche bothe.
She was wonderly wroth that Wit me thus taughte,
And al staiynge Dame Studie sterneliche seide.
'Wel artow wis,' quod she to Wit, 'any wisdomes to telle
To flatereres or to fooles that frenetike ben of wittes!' -
And blamed hym and banned hym and bad hym be stille -
'With swiche wise wordes to wissen any sottes!'
And seide, ' Nolite mittere, man, margery perles
Among hogges that han hawes at wille.
Thei doon but dryvele theron - draf were hem levere
Than al the precious perree that in paradis wexeth.
I seye it by swiche,' quod she, 'that sheweth by hir werkes
That hem were levere lond and lordshipe on erthe,
Or richesse or rentes and reste at hir wille
Than alle the sooth sawes that Salamon seide evere.
'Wisdom and wit now is noght worth a kerse
But if it be carded with coveitise as clotheres kemben hir wolle.
Whoso can contreve deceites and conspire wronges
And lede forth a loveday to lette with truthe - .
That swiche craftes kan to counseil [are] cleped ;
Thei lede lordes with lesynges and bilieth truthe.
' Job the gentile in hise gestes witnesseth
That wikked men, thei welden the welthe of this worlde,
And that thei ben lordes of ech a lond, that out of lawe libbeth
Quare impii vivunt ? bene est omnibus qui prevaricantur et inique agunt ?
'The Sauter seith the same by swiche that doon ille
Ecce ipsi peccatores habundantes in seculo obtinuerunt divicias.
' Lo!' seith holy lettrure, ' whiche lordes beth thise sherewes!'
Thilke that God moost gyveth, leest good thei deleth,
And moost unkynde to the commune, that moost catel weldeth
Que perfecisti destruxerunt, iustus autem &c.
'Harlotes for hir harlotrie may have of hir goodes,
And japeris and jogelours and jangleris of gestes;
Ac he that hath Holy Writ ay in his mouthe
And kan telle of Tobye and of the twelve Apostles
Or prechen of the penaunce that Pilat wroghte
To Jesu the gentile, that Jewes todrowe -
Litel is he loved that swich a lesson sheweth,
Or daunted or drawe forth - I do it on God hymselve!
'But thoo that feynen hem foolis and with faityng libbeth
Ayein the lawe of Oure Lord, and lyen on hemselve,
Spitten and spuen and speke foule wordes,
Drynken and drevelen and do men for to gape,
Likne men and lye on hem that leneth hem no yiftes -
Thei konne na moore mynstralcie ne musik men to glade
Than Munde the Millere of Multa fecit Deus.
Ne were hir vile harlotrye, have God my trouthe,
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poem by William Langland
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The Vision Of Piers Plowman - Part 04
' Cesseth!' seide the Kyng, ' I suffre yow no lenger.
Ye shul saughtne, forsothe, and serve me bothe.
Kis hire,' quod the Kyng, 'Conscience, I hote!'
' Nay, by Crist!' quod Conscience, ' congeye me rather!
But Reson rede me therto, rather wol I deye.'
'And I comaunde thee,' quod the Kyng to Conseience thanne,
'Rape thee to ryde, and Reson that thow fecche.
Comaunde hym that he come my counseil to here,
For he shal rule my reaume and rede me the beste
Mede and of mo othere, what man shal hire wedde,
And acounte with thee, Conscience, so me Crist helpe,
How thow lernest the peple, the lered and the lewed!'
'I am fayn of that foreward,' seide the freke thanne,
And ryt right to Reson and rouneth in his ere,
And seide hym as the Kyng seide, and sithen took his leve.
'I shal arraye me to ryde,' quod Reson,-reste thee a while,'
And called Caton his knave, curteis of speche,
And also Tomme Trewe-tonge-tel-me-no-tales
Ne lesynge-to-laughen-of-for-I-loved-hem-nevere.
' Set my sadel upon Suffre-til-I-se-my-tyme,
And lat warroke hym wel with witty-wordes gerthes.
Hange on hym the hevy brydel to holde his heed lowe,
For he wol make ''wehee'' twies er he be there.'
Thanne Conscience on his capul caireth forth faste,
And Reson with hym ryt, rownynge togideres
Whiche maistries Mede maketh on this erthe.
Oon Waryn Wisdom and Witty his fere
Folwed hem faste, for thei hadde to doone
In th'Eseheker and in the Chauncerye, to ben descharged of thynges,
And riden faste for Reson sholde rede hem the beste
For to save hem for silver from shame and from harmes.
A[c] Conscience knew hem wel, thei loved coveitise,
And bad Reson ryde faste and recche of hir neither
'Ther are wiles in hire wordes, and with Mede thei dweneth -
Ther as wrathe and wranglynge is, ther wynne thei silver;
Ac there is love and leautee, thei wol noght come there
Contricio et infelicitas in viis eorum &c.
Thei ne gyveth noght of God one goose wynge
Non est timor Dei ante oculos eorum &c.
For thei wolde do moore for a dozeyne chiknes
Than for the love of Oure Lorde or alle hise leeve seintes!
Forthi, Reson, lat hem ride, tho riche by hemselve -
For Conscience knoweth hem noght, ne Crist, as I trowe.'
And thanne Reson rood faste the righte heighe gate,
As Conscience hym kenned, til thei come to the Kynge.
Curteisly the Kyng thanne com ayeins Reson,
And bitwene hymsel and his sone sette hym on benche,
And wordeden wel wisely a gret while togideres.
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poem by William Langland
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Beating Around The Bush: A Foreign Policy
Saddam claimed to be greater
than Hitler and Nebuchadnezzar,
an ancient king of Babylon.
Saddam believed he would
build a Greater Empire than both,
beginning from modern Iraq.
This is the man Mr Bush!
Decided to let continue
to rule during his watch?
In 1979 Iraqi President Saddam Hussein
claimed he was a direct lineal descendant
of Babylonian King Nebuchadnezzar II.
Saddam called himself Nebuchadnezzar III
had coins struck showing his likeness
coined with the Babylonian king on these coins.
The two likenesses proved to be! Uncannily similar!
In his memoirs George Herbert Bush
compared Saddam to Adolf Hitler!
Aspirations for Empire! Ambitions!
Ethnic Cleansing! Rule by Dictatorship!
[Chemical weapons, deportations!
Forced disappearances, Secret police!
Targeted assassinations, torture, murders!
Sounds like a resume of Adolf Hitler!
Yes Saddam was another Hitler wanta be! ]
[This is monster Mr Bush
decided to let continue
to rule during his watch? ]
Invasion and Annexation
Kuwait invaded by Iraqi!
August 2 1990!
Iraqi forces first bomb
Kuwait City terror tactics!
The Kuwaiti civilian capital
attacked by Iraqi commandos!
Deployed by helicopters boats
all airports two airbases seized!
Remember Invasion Kuwait?
Saddam’s Iraq-Kuwait War?
[...] Read more
poem by Terence George Craddock
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Death Of The Middle Class
Oligarchs and Banksters tighten financial screws
In a bold attempt to kill the global Middle Class
Heads of State unable/unwilling to halt this ruse
The “Great Depression of 1929” we soon surpass
ROTMS
By Andrew Gavin Marshall - Global Research
We now stand at the edge of the global financial abyss of a ‘Great Global Debt Depression, ’ where nations, mired in extreme debt, are beginning to implement ‘fiscal austerity’ measures to reduce their deficits, which will ultimately result in systematic global social genocide, as the middle classes vanish and the social foundations upon which our nations rest are swept away. How did we get here? Who brought us here? Where is this road leading? These are questions I will briefly attempt to answer.
At the heart of the global political economy is the central banking system. Central banks are responsible for printing a nation’s currency and setting interest rates, thus determining the value of the currency. This should no doubt be the prerogative of a national government, however, central banks are of a particularly deceptive nature, in which while being imbued with governmental authority, they are in fact privately owned by the world’s major global banks, and are thus profit-seeking institutions. How do central banks make a profit? The answer is simple: how do all banks make a profit? Interest on debt. Loans are made, interest rates are set, and profits are made. It is a system of debt, imperial economics at its finest.
In the United States, President Woodrow Wilson signed the Federal Reserve Act in 1913, creating the Federal Reserve System, with the Board located in Washington, appointed by the President, but where true power rested in the 12 regional banks, most notably among them, the Federal Reserve Bank of New York. The regional Fed banks were private banks, owned in shares by the major banks in each region, which elected the board members to represent them, and who would then share power with the Federal Reserve Board in Washington.
In the early 1920s, the Council on Foreign Relations was formed in the United States as the premier foreign policy think tank, dominated by powerful banking interests. In 1930, the Bank for International Settlements (BIS) was created to manage German reparations payments, but it also had another role, which was much less known, but much more significant. It was to act as a “coordinator of the operations of central banks around the world.” Essentially, it is the central bank for the world’s central banks, whose operations are kept ‘strictly confidential.’ As historian Carroll Quigley wrote:
'The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations.'
In 1954, the Bilderberg Group was formed as a secretive global think tank, comprising intellectual, financial, corporate, political, military and media elites from Western Europe and North America, with prominent bankers such as David Rockefeller, as well as European royalty, such as the Dutch royal family, who are the largest shareholders in Royal Dutch Shell, whose CEO attends every meeting. This group of roughly 130 elites meets every year in secret to discuss and debate global affairs, and to set general goals and undertake broad agendas at various meetings. The group was initially formed to promote European integration. The 1956 meeting discussed European integration and a common currency. In fact, the current Chairman of the Bilderberg Group told European media last year that the euro was debated at the Bilderberg Group.
In 1973, David Rockefeller, Chairman and CEO of Chase Manhattan Bank, Chairman of the Council on Foreign Relations and a member of the Steering Committee of the Blderberg Group, formed the Trilateral Commission with CFR academic Zbigniew Brzezinski. That same year, the oil price shocks created a wealth of oil money, which was discussed at that years Bilderberg meeting 5 months prior to the oil shocks, and the money was funneled through western banks, which loaned it to ‘third world’ nations desperately in need of loans to finance industrialization.
When Jimmy Carter became President in 1977, he appointed over two dozen members of the Trilateral Commission into his cabinet, including himself, and of course, Zbigniew Brzezinski, who was his National Security Adviser. In 1979, Carter appointed David Rockefeller’s former aide and friend, Paul Volcker, who had held various positions at the Federal Reserve Bank of New York and the U.S. Treasury Department, and who also happened to be a member of the Trilateral Commission, as Chairman of the Federal Reserve. When another oil shock took place in 1979, Volcker decided to raise interest rates from 2% in the late 70s, to 18% in the early 80s. The effect this had was that the countries of the developing world suddenly had to pay enormous interest on their loans, and in 1982, Mexico announced it could no longer afford to pay its interest, and it defaulted on its debt, which set off the 1980s debt crisis – collapsing nations in debt across Latin America, Africa and parts of Asia.
It was the IMF and the World Bank came to the ‘assistance’ of the Third World with their ‘structural adjustment programs’, which forced countries seeking assistance to privatize all state owned industries and resources, devalue their currencies, liberalize their economies, dismantle health, education and social services; ultimately resulting in the re-colonization of the ‘Third World’ as Western corporations and banks bought all their assets and resources, and ultimately created the conditions of social genocide, with the spread of mass poverty, and the emergence of corrupt national elites who were subservient to the interests of Western elites. The people in these nations would protest, riot and rebel, and the states would clamp down with the police and military.
In the West, corporations and banks saw rapid, record-breaking profits. This was the era in which the term ‘globalization’ emerged. While profits soared, wages for people in the West did not. Thus, to consume in an economy in which prices were rising, people had to go into debt. This is why this era marked the rise of credit cards fueling consumption, and the middle class became a class based entirely on debt.
In the 1990s, the ‘new world order’ was born, with America ruling the global economy, free trade agreements began integrating regional and global markets for the benefit of global banks and corporations, and speculation dominated the economy.
The global economic crisis arose as a result of decades of global imperialism – known recently as ‘globalization’ – and the reckless growth of– speculation, derivatives and an explosion of debt. As the economic crisis spread, nations of the world, particularly the United States, bailed out the major banks (which should have been made to fail and crumble under their own corruption and greed) , and now the West has essentially privatized profits for the banks, and socialized the risk. In other words, the nations bought the debt from the banks, and now the people have to pay for it. The people, however, are immersed in their own personal debt to such degrees that today, the average Canadian is $39,000 in debt, and students are graduating into a jobless market with tens to hundreds of thousands of dollars of student debt that they will never repay. Hence, we are now faced with a global debt crisis.
To manage the economic crisis, the G20 was established as the major international forum for cooperation among the 20 major economies of the world, including the major developing – or emerging – economies, such as India, Brazil, South Africa and China. At the onset of the financial crisis, China and Russia’s central banks began calling for the establishment of a global currency to replace the U.S. dollar as the world reserve currency. This proposal was backed by the UN and the IMF. It should be noted, however, that the Chinese and Russian central banks cooperate with the Western central banks through the Bank for International Settlements – which the President of the European Central Bank, Jean-Claude Trichet, recently said was the principle forum for “governance of central bank cooperation” and that the G20 is “the prime group for global economic governance.” In 2009, the IMF stated that the BIS “is the central and the oldest focal point for coordination of global governance arrangements.” The President of the European Union, appointed to the position after attending a Bilderberg meeting, declared 2009 as the “first year of global governance.” The 2009 Bilderberg meeting reported on the desire to create a global treasury, or global central bank, to manage the world economy. In 2009, prior to the Bilderberg meeting in fact, the G20 set in motion plans to make the IMF a global central bank of sorts, issuing and even printing its own currency – called Special Drawing Rights (SDRs) – which is valued against a basket of currencies. In May of 2010, the IMF Managing Director stated that “crisis is an opportunity, ” and while Special Drawing Rights are a step in the right direction, ultimately what is needed is “a new global currency issued by a global central bank, with robust governance and institutional features.” Thus, we see the emergence of a process towards the formation of a global central bank and a global currency, totally unaccountable to any nation or people, and totally controlled by global banking interests.
In 2010, Greece was plunged into a debt crisis, a crisis which is now spreading across Europe, to the U.K. and eventually to Japan and the United States. If we look at Greece, we see the nature of the global debt crisis. The debt is owed to major European and American banks. To pay the interest on the debt, Greece had to get a loan from the European Central Bank and the IMF, which forced the country to impose ‘fiscal austerity’ measures as a condition for the loans, pressuring Greece to commit social genocide. Meanwhile, the major banks of America and Europe speculate against the Greek debt, further plunging the country into economic and social crisis. The loan is granted, to pay the interest, yet simply has the effect of adding to the overall debt, as a new loan is new debt. Thus, Greece is caught in the same debt trap that re-colonized the Third World.
At the recent G20 meeting in Toronto, the major nations of the world agreed to impose fiscal austerity – or in other words, commit social genocide – within their nations, in a veritable global structural adjustment program. So now we will see the beginnings of the Great Global Debt Depression, in which major western and global nations cut social spending, create mass unemployment by dismantling health, education, and social services. Further, state infrastructure – such as roads, bridges, airports, ports, railways, prisons, hospitals, electric transmission lines and water – will be privatized, so that global corporations and banks will own the entirely of national assets. Simultaneously, of course, taxes will be raised dramatically to levels never before seen. The BIS said that interest rates should rise at the same time, meaning that interest payments on debt will dramatically increase at both the national and individual level, forcing governments to turn to the IMF for loans – likely in the form of its new global reserve currency – to simply pay the interest, and will thus be absorbing more debt. Simultaneously, of course, the middle class will in effect have its debts called in, and since the middle class exists only as an illusion, the illusion will vanish.
Already, towns, cities, and states across America are resorting to drastic actions to reduce their debts, such as closing fire stations, scaling back trash collection, turning off street lights, ending bus services and public transportation, cutting back on library hours or closing them altogether, school districts cutting down the school day, week or year. Simultaneously, this is occurring with a dramatic increase in the rate of privatizations or “public-private partnerships” in which even libraries are being privatized.
No wonder then, that this month, the Managing Director of the IMF warned that America and Europe, in the midst of the worst jobs crisis since the Great Depression, face an “explosion of social unrest.” Just yesterday, Europe experienced a wave of mass protests and social unrest in opposition to ‘austerity measures’, with a general strike in Spain involving millions of people, and a march on the EU headquarters in Brussels of nearly 100,000 people. As social unrest spreads, governments will likely react – as we saw in the case of the G20 in Toronto – with oppressive police state measures. Here, we see the true relevance of the emergence of ‘Homeland Security States’, designed not to protect people from terrorists, but to protect the powerful from the people.
So while things have never seemed quite so bleak, there is a dim and growing beacon of hope, in what Zbigniew Brzezinski has termed as the greatest threat to elite interests everywhere – the ‘global political awakening’. The global political awakening is representative of the fact that for the first time in all of human history, mankind is politically awakened and stirring, activated and aware, and that generally – as Zbigniew Brzezinski explains – generally is aware of global inequalities, exploitation, and disrespect. This awakening is largely the result of the information revolution – thus revealing the contradictory nature of the globalization project – as while it globalizes power and oppression, so too does it globalize awareness and opposition. This awakening is the greatest threat to entrenched elite interests everywhere. The awakening, while having taken root in the global south – already long subjected to exploitation and devastation – is now stirring in the west, and will grow as the economy crumbles. As the middle classes realize their consumption was an illusion of wealth, they will seek answers and demand true change, not the Wall Street packaged ‘brand-name’ change of Obama Inc., but true, inspired, and empowering change.
In 1967, Martin Luther King delivered a speech in which he spoke out against the Vietnam War and the American empire, and he stated that, “It seems as if we are on the wrong side of a world revolution.” So now it seems to me that the time has come for that to change.
Andrew Gavin Marshall is a Research Associate with the Centre for Research on Globalization (CRG) .
poem by Ray Lucero
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The Canterbury Tales; the Wyves tale of Bathe
The Prologe of the Wyves tale of Bathe.
Experience, though noon auctoritee
Were in this world, were right ynogh to me
To speke of wo that is in mariage;
For, lordynges, sith I twelf yeer was of age,
Thonked be God, that is eterne on lyve,
Housbondes at chirche-dore I have had fyve-
For I so ofte have ywedded bee-
And alle were worthy men in hir degree.
But me was toold, certeyn, nat longe agoon is,
That sith that Crist ne wente nevere but onis
To weddyng in the Cane of Galilee,
That by the same ensample, taughte he me,
That I ne sholde wedded be but ones.
Herkne eek, lo, which a sharpe word for the nones,
Biside a welle Jesus, God and Man,
Spak in repreeve of the Samaritan.
'Thou hast yhad fyve housbondes,' quod he,
'And thilke man the which that hath now thee
Is noght thyn housbonde;' thus seyde he, certeyn.
What that he mente ther by, I kan nat seyn;
But that I axe, why that the fifthe man
Was noon housbonde to the Samaritan?
How manye myghte she have in mariage?
Yet herde I nevere tellen in myn age
Upon this nombre diffinicioun.
Men may devyne, and glosen up and doun,
But wel I woot expres withoute lye,
God bad us for to wexe and multiplye;
That gentil text kan I wel understonde.
Eek wel I woot, he seyde, myn housbonde
Sholde lete fader and mooder, and take me;
But of no nombre mencioun made he,
Of bigamye, or of octogamye;
Why sholde men speke of it vileynye?
Lo, heere the wise kyng, daun Salomon;
I trowe he hadde wyves mo than oon-
As, wolde God, it leveful were to me
To be refresshed half so ofte as he-
Which yifte of God hadde he, for alle hise wyvys?
No man hath swich that in this world alyve is.
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poem by Geoffrey Chaucer
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The Vision Of Piers Plowman - Part 01
What this mountaigne bymeneth and the merke dale
And the feld ful of folk, I shal yow faire shewe.
A lovely lady of leere in lynnen yclothed
Cam doun fom [the] castel and called me faire,
And seide, 'Sone, slepestow? Sestow this peple-
How bisie they ben aboute the maze?
The mooste partie of this peple that passeth on this erthe,
Have thei worship in this world, thei wilne no bettre;
Of oother hevene than here holde thei no tale'.-
I was afeed of hire face, theigh she faire weere,
And seide, ' Mercy, madame, what [may] this [be] to mene?'
'The tour upon the toft', quod she, 'Truthe is therinne,
And wolde that ye wroughte as his word techeth.
For he is fader of feith and formed yow alle
Bothe with fel and with face and yaf yow fyve wittes
For to worshipe hym therwith while that ye ben here.
And therfore he highte the erthe to helpe yow echone
Of woilene, of lynnen, of liflode at nede
In mesurable manere to make yow at ese;
And comaunded of his curteisie in commune three thynges:
Are none nedfulle but tho, and nempne hem I thynke,
And rekene hem by reson - reherce thow hem after.
'That oon is vesture from chele thee to save,
And mete at meel for mysese of thiselve,
And drynke whan thow driest - ac do noght out of reson,
That thow worthe the wers whan thow werche sholdest.
For Lot in hise lifdayes, for likynge of drynke,
Dide by hise doughtres that the devel liked:
Delited hym in drynke as the devel wolde,
And leccherie hym laughte, and lay by hem bothe -
And al he witte it the wyn, that wikked dede:
Inebriemus eum vino dormiamusque cum eo, ut
servare possimus de patre nostro semen.
Thorugh wyn and thorugh wommen ther was Loth acombred,
And there gat in glotonie gerles that were cherles.
Forthi dred delitable drynke and thow shalt do the bettre.
Mesure is medicine, though thow muchel yerne.
Al is nought good to the goost that the gut asketh,
Ne liflode to the likame that leef is to the soule.
Leve nought thi likame, for a liere hym techeth -
That is the wrecched world, wolde thee bitraye.
For the fend and thi flessh folwen togidere,
And that [shendeth] thi soule; set it in thin herte.
And for thow sholdest ben ywar, I wisse thee the beste.'
'A, madame, mercy,' quod I, ' me liketh wel youre wordes.
Ac the moneie of this molde that men so faste holdeth -
Telleth me to whom that tresour appendeth.'
Go to the Gospel,' quod she, 'that God seide hymselven,
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poem by William Langland
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Maiden in the Mor Lay
Maiden in the mor lay--
in the mor lay--
Seuenyst fulle, seuenist fulle.
Maiden in the mor lay--
in the mor lay--
Seuenistes fulle ant a day.
Welle was hire mete.
wat was hire mete?
�e primerole ant the--
�e primerole ant the--
Welle was hire mete.
Wat was hire mete?
The primerole ant the violet.
Welle [was hire drying.]
wat was hire mete?
�e chelde water of pe--]
�e chelde water of �e welle-spring
Welle was hire drying.]
Wat ws hire drying?]
�e chelde water of �e welle-spring.
Welle was hire bour.
wat ws hire bour?
The rede rose an te--]
The rede rose an te--]
[Welle was hire bour.]
[Wat was hire bour?]
The rede rose an te lilie flour.
Translation
Maiden In The Moor
Maiden in the moor lay,
In the moor lay--
Seven nights full, seven nights full.
Maiden in the moor lay--
Seven nights full and a day.
Good was her meat.
What was her meat?
The primrose and the--
The primrose and the--
Good was her meat.
What was her meat?
The primrose and the violet.
Good was her drink.
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poem by Anonymous Olde English
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Annals of Assur-Nasir-Pal column I
To Ninip most powerful hero, great, chief of the gods, warrior, powerful Lord, whose onset in battle has not been opposed, eldest son,
crusher of opponents, first-born son of Nukimmut, supporter of the seven, noble ruler, King of the gods the producers, governor, he who rolls along the mass
of heaven and earth, opener of canals, treader of the wide earth, the god who in his divinity nourishes heaven and earth, the beneficent,
the exalted, the powerful, who has not lessened the glory of his face, head of nations, bestower of sceptres, glorious, over all cities a ruler,
valiant, the renown of whose sceptre is not approached, chief of widespread influence, great among the gods, shading from the southern sun, Lord of Lords, whose hand the vault of heaven
(and) earth has controlled, a King in battle mighty who has vanquished opposition, victorious, powerful, Lord of water-courses and seas,
strong, not yielding, whose onset brings down the green corn, smiting the land of the enemy, like the cutting of reeds, the deity who changes not his purposes,
the light of heaven and earth, a bold leader on the waters, destroyer of them that hate (him), a spoiler (and) Lord of the disobedient, dividing enemies, whose name in the speech of the gods
no god has ever disregarded, the gatherer of life, the god(?) whose prayers are good, whose abode is in the city of Calah, a great Lord, my Lord - (who am) Assur-nasir-pal, the mighty King,
King of multitudes, a Prince unequalled, Lord of all the four countries, powerful over hosts of men, the possession of Bel and Ninip the exalted and Anu
and of Dakan, a servant of the great gods in the lofty shrine for great (O Ninip) is thy heart; a worshipper of Bel whose might upon
thy great deity is founded, and thou makest righteous his life, valiant, warrior, who in the service of Assur his Lord hath proceeded, and among the Kings
of the four regions who has not his fellow, a Prince for admiration, not sparing opponents, mighty leader, who an equal
has not, a Prince reducing to order his disobedient ones, who has subdued whole multitudes of men, a strong worker, treading down
the heads of his enemies, trampling on all foes, crushing assemblages of rebels, who in the service of the great gods his Lords
marched vigorously and the lands of all of them his hand captured, caused the forests of all of them to fall, and received their tribute, taking
securities, establishing laws over all lands, when Assur the Lord who proclaims my name and augments my Royalty
laid hold upon his invincible power for the forces of my Lordship, for Assur-nasir-pal, glorious Prince, worshipper of the great gods
the generous, the great, the powerful, acquirer of cities and forests and the territory of all of them, King of Lords, destroying the wicked, strengthening
the peaceful, not sparing opponents, a Prince of firm will(?) one who combats oppression, Lord of all Kings,
Lord of Lords, the acknowledged, King of Kings, seated gloriously, the renown of Ninip the warrior, worshipper of the great gods, prolonging the benefits (conferred by) his fathers:
a Prince who in the service of Assur and the Sun-god, the gods in whom he trusted, royally marched to turbulent lands, and Kings who had rebelled against him
[he cut off like grass, all their lands to his feet he subjected, restorer of the worship of the goddesses and that of the great gods,
Chief unwavering, who for the guidance of the heads (and) elders of his land is a steadfast guardian, the work of whose hands and
the gift of whose finger the great gods of heaven and earth have exalted, and his steps over rulers have they established forever;
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poem by King Assur-Bani-Pal
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The Vision Of Piers Plowman - Part 18
Wolleward and weetshoed wente I forth after
As a recchelees renk that [reccheth of no wo],
And yede forth lik a lorel al my lif tyme,
Til I weex wery of the world and wilned eft to slepe,
And lened me to a Lenten - and longe tyme I slepte;
Reste me there and rutte faste til ramis palmarum.
Of gerlis and of Gloria, laus gretly me dremed
And how osanna by organye olde folk songen,
And of Cristes passion and penaunce, the peple that ofraughte.
Oon semblable to the Samaritan, and somdeel to Piers the Plowman,
Barefoot on an asse bak bootles cam prikye,
Withouten spores other spere; spakliche he loked,
As is the kynde of a knyght that cometh to be dubbed,
To geten hym gilte spores on galoches ycouped.
Thanne was Feith in a fenestre, and cryde 'At Fili David!'
As dooth an heraud of armes whan aventrous cometh to iustes.
Olde Jewes of Jerusalem for joye thei songen,
Benedictus qui venit in nomine Domini.
Thanne I frayned at Feith what al that fare bymente,
And who sholde juste in Jerusalem. 'jesus,' he seide,
'And fecche that the fend claymeth - Piers fruyt the Plowman.'
'Is Piers in this place?' quod I, and he preynte on me.
'This Jesus of his gentries wol juste in Piers armes,
In his helm and in his haubergeon - humana natura.
That Crist be noght biknowe here for consummatus Deus,
In Piers paltok the Plowman this prikiere shal ryde;
For no dynt shal hym dere as in deitate Patris.'
'Who shal juste with Jesus?' quod I, 'Jewes or scrybes?'
'Nay,' quod Feith, 'but the fend and fals doom to deye.
Deeth seith he shal fordo and adoun brynge
Al that lyveth or loketh in londe or in watre.
Lif seith that he lieth, and leieth his lif to wedde
That, for al that Deeth kan do, withinne thre daies to walke
And fecche fro the fend Piers fruyt the Plowman,
And legge it ther hym liketh, and Lucifer bynde,
And forbete and adoun brynge bale-deeth for evere
O Mors ero mors tua!'
Thanne cam Pilatus with muche peple, sedens pro tribunali,
To se how doghtiliche Deeth sholde do, and deme hir botheres right.
The Jewes and the justieeayeins Jesu thei weere,
And al the court on hym cryde ' Crucifige!' sharpe.
Tho putte hym forth a p[e]lour bifore Pilat and seide,
'This Jesus of oure Jewes temple japed and despised,
To fordoon it on o day, and in thre dayes after
Edifie it eft newe - here he stant that seide it -
And yit maken it as muche in alle manere poyntes
Bothe as long and as large a lofte and by grounde.'
' Crucifige!' quod a cachepol, ' I warante hym a wicche!'
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poem by William Langland
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Rock n Roll Cities
Rock n roll cities, look out here we come
From buffalo to the gulf of mexico
Rock n roll cities, look out for our bus
Does anybody know the way to idaho?
Well its good to be back
Had some trouble on the way
I never thought wed get here
But we made it just the same
The flight over was real rough
So could you lead me to a beer
I see the pretty girls getting younger
Every year
Rock n roll cities, look out here we come
From new york state to the gulf of mexico
Rock n roll cities, look out for our bus
Does anybody know the way to idaho?
Wcvr konk, wsos, are we still on that playlist?
Well, its anybodys guess
But what does it matter when youre out on the town
Rock n roll cities, with a pizza to go
Rock n roll cities, philadelphia p.a.
I got my radio
Promo for mtv
Whats next on the itinerary? can anybody tell?
Whats the hotel like? is there cable t.v. as well?
Get up with a headache, fall asleep on the plane
And we get there, start all over again
Rock n roll cities, look out were coming through
Kansas city, fresno, san diego
Rock n roll cities, look out here we come
Richmond, cleveland, ohio, nebraska, st. paul
Rock n roll cities, look out here we come
From buffalo to the gulf of mexico
Rock n roll cities, watch out for our bus
Does anybody know the way to idaho?
Flight 62 now leaving for memphis stopping at boston
Washington d.c. with continuing service to los angeles
Seattle, portland... etc...
Rock n roll cities, look out here we come
90 miles on highway 61
Rock n roll ladies, watch out here we come
Does anybody know the way to madison?
Rock n roll cities look out here we come
Rock n roll cities
song performed by Kinks
Added by Lucian Velea
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