News & Analysis
Elite Depression at Davos
Inertia reigns as elite return to Davos ... The theme of this year's WEF Davos meeting is "Resilient Dynamism" ... Some of the world's most influential leaders will be faced with a familiar set of unsolved problems during the World Economic Forum's (WEF) annual meeting in Davos, following a year of economic and political stagnation. Derided by some as being little more than a millionaire's cocktail party indulging in empty rhetoric, the 43rd gathering of international movers and shakers will again talk about debt crises, rampant unemployment, environmental time bombs and irresponsible finance. The lack of progress from last January even has WEF founder Klaus Schwab tearing his hair out while lamenting the tendency of many countries to look after their own interests at the expense of finding global solutions. "The fact is that we are still in some way blocked from making progress," he told a press conference on January 15. – SwissInfo
Dominant Social Theme: We will solve the problems of the world! Again and again ...
Free-Market Analysis: Interesting to read about the mood at Davos, which is yet another confab of mostly lower elites and Hollywood "stars."
Lower elites go to such confabs to divine just what dominant social themes are in fashion at the moment. The idea is to promote those themes closest to the collective heart of Top Guns.
It's a get-together, then, of people who want to be noticed by the mega-trillionaires who control central banks and already run the world informally. The idea is that if you show your willingness to use your time and fortune to propagandize the world correctly, you'll be rewarded with increased business contacts, deals and, in the end, money.
Yes, it's all about the money. They are visiting Davos to figure out what lies are in fashion. They wish to become more proficient.
This year they are depressed! They are not depressed at the prospect of lying. They are only depressed because the lies are not being received as well by the rest of the world.
Here's some more from the article:
The title of this year's WEF Davos meeting - "Resilient Dynamism" - is in itself a misnomer according to Greenpeace Switzerland, which will co-present the Public Eye Award to the "worst company of the year" in Davos once the WEF conference is in full swing.
The five most likely risks to the world, according to WEF's panel of experts:
Severe income disparity
Chronic fiscal imbalances
Rising greenhouse gas emissions
Water supply crisis
Mismanagement of population ageing
Problems remain
"Governments and the corporate world are showing great resilience against change but still little positive dynamism," Michael Baumgartner, head of corporate accountability at Greenpeace Switzerland, told swissinfo.ch.
"If corporations would simply stop creating some of the world's largest social and ecological problems the rest of us would not have to try to solve them. Solutions can only come via a bottom up approach, with people raising their voices."
Economically and politically, the world appeared to have stagnated in 2012. Despite the Arab Spring revolution that gripped the Davos conference two years ago, huge problems still exist in Libya, Egypt and particularly Syria.
The global economy inched forwards by 2.3 per cent last year, according to the World Bank, but the leaders of growth, principally China, slowed down. The European Union is still mired in debt and decision making conflict, while politicians in the United States continue to bicker as the country heads towards insolvency.
Financial scandals continued to proliferate among big banks, no less so in Switzerland than in any other part of the world ...
The underlying message was clear: the world's political and business leaders need to work together to solve problems rather than continue to act in their own interests.
We can see various elite memes that are likely to be in vogue this year – at least the top five. Notice how many are scarcity based. Yet there are NO fundamental scarcities on Earth, at least none that cannot be overcome by individual human action.
Those at Davos want us to believe that a famine can only be averted by a cohesive public/private effort that also involves the United Nations and a gaggle of NGOs. Von Mises's solution would be to plant a garden!
Individual human action is always preferable to large bureaucratic ones, and cheaper, too.
But such pro-offered insights will be mercifully in short supply at Davos thanks to what we call the Internet Reformation. As more and more elite promotions are seen as fantastical propaganda aimed at reinforcing globalism rather than addressing real issues, the elites purveying these memes will find less and less receptivity.
This is an ongoing trend. The REAL frustration at Davos is not that people are refusing to "take action" according to elite proscriptions such as those at Davos but that people are beginning to discount them altogether. Internet debunking continues to make progress.
For an additional source of free-market analysis of news like what's coming out of Davos, see this Daily Bell Special Report: "The Best Free-Market Economics and Pro-Liberty Educational Resource on the 'Net and Why I Use It Religiouly."
Conclusion: Here's a question they ought to be contemplating at Davos. How do you hold a "crisis society" together when people don't believe in the crises anymore?
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Posted by csilk13 on 02/05/13 03:16 PM
I was interested in hearing some thought on the "X Factors" published in the Global Risks section of the WEF report. In particular, it seems the WEF is quite concerned with subjects like Transhumanism, Geoengineering and ETs.
Click to view link
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Posted by 1776 on 01/27/13 06:51 PM
China seeks summits on fugitives: 2013-01-28 By Zhang Yan ( China Daily)
The Ministry of Public Security is working to set up an annual high-level meeting with US judicial officials in a bid to catch and return more Chinese fugitives.
Click to view link
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Posted by Tucci78 on 01/27/13 09:28 AM
[i]"Rising greenhouse gas emissions"[/i]
How many times do we have to pound a stake through the rotten heart of this preposterous bogosity?
Cargo Cult Science at its reeking rankest.
Reply from The Daily Bell
As many times as it takes?
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Posted by SwifterMan on 01/24/13 07:57 AM
. . .
The only crisis I see is that lies are less and less acceptable.
.
Take water.
.
They try to create panic based on it's imagined scarcity.
.
And . . .
.
They try to create panic based on oceans rising - imagining there is too much
.
Inverted osmosis exists for many years - so mankind has more than enough excellent water for millions of years and a hundred times bigger populations than today !
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Posted by Abu Aardvark on 01/24/13 05:10 AM
Oh dear! Get this ...
OfficialAnonymousTV1: "To rebuild our government, we must first destroy it. Our time for democracy is here, Our time for resolution is here, This is America's time for revolution, To restore our constitutional rights, to once again, be free Therefore, Anonymous along with thee American people have decided to openly declare war on the United States government. This is a call to arms. We call upon the Citizens of the United States to stand beside us in overthrowing this corrupted body and call upon a new era."
Click to view link
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Posted by amanfromMars on 01/24/13 02:28 AM
Nice succinct post, bob [Posted on 01/23/13 11:46 PM] which renders the current present reality/virtual reality in all of its faded glory.
With regard to your parting question and answer, "Is there a peaceful and 'civilized' way out of the situation we find ourselves in? I don't think so." is not ….. " Solutions are always much better engineered and distributed down from the top to the people so that they do not think about raising their voices over concerns which have not been but need to be addressed, for invariably at the top are there the more intelligent folk with control of all of the necessary assets to bring about change. Whenever it is not so, is it intelligence which is missing at the top ….. but that is easily bought and brought in, isn't it, in order to retain and maintain continuing power.
One certain thing which you can be sure of, is that intelligence needed and available will always seek out those who need it for IT Command and Control of the masses, so that they are helped in their endeavours which shape the future." …. a peaceful and 'civilized' way out of the situation we find ourselves in?
And quite perfect, methinks, for the likes of a Davos/Bilderberger/Jekyll Island Club meeting/Highlander Gathering :-) ……. Click to view link
And I invoke Poe's Law on this post :-) ……. which is common enough means of maintaining a measure of security in these expanding and ever more tactically important and strategically vital virtual spaces which are increasingly being trawled for that which is required on Earth for the future.
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Posted by bob on 01/23/13 11:46 PM
I started to think that capitalism and free-market economic system are not one and the same. As some point, they happily co-exist with other but, at some point, they depart from each other for good.
A free-market economic system (FMS) offers to its participants incentives as well as rewards for a success and a punishment for a failure to be competitive, innovative, and industrious. FMS levels a "playing field". FMS stops to exist when a ruling economic oligarchy is using criminal means (such as a monopolistic power, fraud, intimidation, force, governments promoted favoritism, etc.) to dominate a society and its economic life.
Capitalism is more about a financial control of an economy. At a beginning, capitalism successfully coexists with a free-market enterprise and promotes competitiveness. However, as time goes by, a banking system acquires and merges with political institutions and dominates an entire society economic & political life. At certain advanced stage of capitalism development, the main and only objective of a ruling banking oligarchy becomes preservation and further expansion of its power and privileges. As more and more political & economic power controlled by a banking oligarchy, the entire society becomes more and more corrupt and less and less productive leading to an economical decline and political instability. At this stage, capitalism slides to a domestic totalitarian society and becomes aggressively involved in international military adventures. As this process continues, a banking oligarchy behaves as a metastatic cancer killing a host body. At a certain junction, colonies become incapable of sustaining their masters. This in lead to a military confrontation between colonial masters.
Is there a peaceful and 'civilized' way out of the situation we find ourselves in? I don't think so.
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Posted by amanfromMars on 01/23/13 11:29 PM
[blockquote]You reveal yourself as a shill and a troll every time you visit here.
You recommend we visit Zero Hedge to imbibe the latest propaganda: "Assistant Attorney General Admits On TV That In The US Justice Does Not Apply To The Banks."
You speak of JUSTICE? You believe if Wall Street "banksters" are thrown in jail the US will once again be a "just" country.
Here is our answer to you and people like you ...
Root For Wall Street to Go to Jail
Click to view link [/blockquote]
Crikey, DB, thanks for that revealing reply which unfortunately and uncharacteristically contains a number of falsehoods …… which would be worthy of the best of trolls and shills.
Is not the Zero Hedge headline the reality/truth of the situation with regard to the justice system and banks in the US [and maybe elsewhere/everywhere else too, although there may be exceptions in the likes of a China]?
And no, I do not believe if Wall Street "banksters" are thrown in jail the US will once again be a "just" country. Such a notion is preposterous if their past practices are not curtailed and revised to provide something completely different and more rewarding for everyone.
Can we agree presently with this observation on propaganda accredited to Willi Munzenberg …… "All news is lies and all propaganda is disguised as news."
And you do realise, I suppose, that whenever it be so about the news being just propaganda and lies, is your existence a virtual reality easily controlled by media and communications channels exchanging clearer information and smarter intelligence for greater knowledge and deeper understanding. Fail to grasp that reality and one is always tilting at windmills and phantom problems which have been decidedly and designedly created to conceal the truth and promote a false meme and enigmatic enemy.
And just to make another point crystal clear, for I might consider it to be an idiotic proposition carefully crafted to misdirect, I disagree with the premise aired in this quoted statement …… "If corporations would simply stop creating some of the world's largest social and ecological problems the rest of us would not have to try to solve them. Solutions can only come via a bottom up approach, with people raising their voices."
Solutions are always much better engineered and distributed down from the top to the people so that they do not think about raising their voices over concerns which have not been but need to be addressed, for invariably at the top are there the more intelligent folk with control of all of the necessary assets to bring about change. Whenever it is not so, is it intelligence which is missing at the top ….. but that is easily bought and brought in, isn't it, in order to retain and maintain continuing power.
One certain thing which you can be sure of, is that intelligence needed and available will always seek out those who need it for IT Command and Control of the masses, so that they are helped in their endeavours which shape the future.
What does all of that reveal to you in this visit to the Daily Bell, DB? Changed times easily accomplished ahead? …… I agree, most definitely.
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Posted by jdwheeler42 on 01/23/13 10:58 PM
"How do you hold a "crisis society" together when people don't believe in the crises anymore?" That's easy! At gun point... or with drones... maybe throw in some bombs... go nuclear if you have to.
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Posted by Danny B on 01/23/13 09:59 PM
Interesting paper;
"Three scientists from the Swiss Federal Institute of Technology in Zurich, led by James Glattfelder, recently did this - and their results were published in New Scientist, a respected science magazine.
Glattfelder's team unleashed a vast armada of supercomputers on Orbis 2007 -- a very elaborate database of the top 37 million corporations and individual investors worldwide."
"A CORE OF 1,318 COMPANIES EARN 80 PERCENT OF THE WORLD'S WEALTH
The Swiss scientists quickly found a total of 43,060 trans-national corporations in the Orbis 2007 database.
From this group, Glattfelder's team revealed that a 'core' of 1,318 companies directly controlled 20 percent of the world's wealth.
However, these corporations also appeared to own and control the stock in a majority of the world's largest companies -- whose profits added up to an additional 60 percent of global revenues:
Click to view link
Although they represented 20 per cent of global operating revenues, the 1318 [corporations] appeared to collectively own, through their shares, the majority of the world's large blue chip and manufacturing firms -- the "real" economy -- representing a further 60 per cent of global revenues….
[This] core of 1318 companies [had] interlocking ownerships. Each of the 1318 had ties to two or more other companies, and on average they were connected to 20 [other corporations].
A 'SUPER-ENTITY' OF 147 CORPORATIONS CONTROL 40 PERCENT OF THE WEALTH
If that isn't surprising enough for you, then how about this?
Glattfelder's team then crunched the numbers even harder - and found a very deeply hidden 'super-entity' of only 147 corporations - and 'much of it' was connected to the 1,318-company 'core'.
These 147 companies were all interconnected with each other in an 'even more tightly knit' pattern than the 1,318 corporations in the 'core'. To put it simply, they all owned each other's companies.
[Specifically, each company within the 'super-entity' owned shares in all 146 others.]
Together, this super-elite, good-old-boys-club of 147 companies directly earns a whopping 40 percent of all the wealth in the world:
Click to view link
When the team further untangled the web of ownership, it found much of it tracked back to a "super-entity" of 147 even more tightly knit companies -- all of their ownership was held by other members of the super-entity -- that controlled 40 per cent of the total wealth in the network."
"THE SAME PEOPLE RUN THE FEDERAL RESERVE
Next question: What kind of companies do you think these top 147 corporations are? Remember - they control a staggering 40 percent of the world's wealth.
As it says on page 6 of the paper, 75 percent of the corporations within the 'super-entity' were financial institutions.
The top 20 financial institutions within the 'super-entity' should sound pretty familiar to you by now."
Click to view link
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Posted by 1776 on 01/23/13 05:14 PM
Obama Government Equal to Population in 1776 by KEITH KOFFLER on JANUARY 23, 2013
Click to view link
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Posted by daddy warbucks on 01/23/13 04:59 PM
Here's another crisis; funding the other giant, bloated squid - the UN.
The IMF & World Bank are UN agencies & it's sovereign eating un-elected dictator technocrats are UN agents... ]that pay no fek'n tax. Do you think the UN is there for you?
Come on people where are the pitchforks?
'In fact, her IMF salary of $467,940 plus an $83,760 additional allowance is not subject to any taxes. See Christine Lagarde, Scourge of Tax Evaders, Pays No Tax. No taxes is the norm for most United Nations employees …'
UN -produces no revenues and needs 'your taxes' for UN salaries, benefits, pensions, bonuses, office complexes all over the world (like a giant squid), parties, information/documentations systems, armed guards, energy/maintenance costs, vehicles, MILITARY AND POLICE ACTION & LOTS of air travel, accommodations, food, limousines & martinis,etc. As the UN/UNESCO/UNWTO/ICLEI/etc, etc continues to expand along with the 'World Tourist Organization', so do the salaries and pensions and all of the above expenses. The UN membership includes 3rd world tyrannical dictatorships (easily bought votes by the bankers and dynastic families) that would like nothing better than to dis-arm and spread western wealth to themselves through UN resolutions.
There is no question the UN is forcing it's control already over every nation's sovereignty and needs to be defunded and kicked out of every country, our so-called representatives need to be woken up. How much is the UN costing the world and what exactly is it's agenda? - Agenda 21. Sustainability and peace? UN also back door funded? The EPA in the US has awarded a five-year, $2.5 million grant (US citizen's taxes) to the UNU Institute for Sustainability and Peace (UNU-ISP), where the fek did the EPA get that money?…you've been taxed to fund UNU since 1972, how's that 'sustainablility and peace' going? How many of these UNU professors and administrators are now retired with tax funded pensions? For accomplishing what?
NO WONDER THE WORLD IS GOING BROKE! (while slowly enslaved)
Google the photo of that HUGE United Nations General Assembly hall at its headquarters in New York, purposely designed and built to project a feeling of power, 'importance' and authority (over who?).
Now the UN's own IMF and World Bank are going after 'tax evaders', they need more money to FURTHER tighten the noose, regulate and control you and confiscate your property through Agenda 21 while they build the moats around their castles and enrich themselves and their pensions.
In 2000-2001 the regular, two-year budget-not counting special political missions, such as those in Iraq and Afghanistan-was $2.4 billion. In 2010-2011, it was $4.2 billion. That is a 75 percent increase, over a period that included a major post-9/11 economic contraction and a global recession. Click to view link
So who ultimately 'owns' the UN? ... ask the Slave Queen herself:
Slave Queen
http://youtu.be/vrsfll_QLUw
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Posted by nithsdale on 01/23/13 03:16 PM
A good subtitle for the Davos Conference 2013 is "When Thieves Fall Out!".
Thak you for a very good summary.
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Posted by Agent Pete 8 on 01/23/13 02:36 PM
Elf fails to apologise for the Banksters in alien presence.
A galactic diplomatic embarrassment.
Get more sleep Ingo, less holy water - you are getting cranky again.
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Posted by 1776 on 01/23/13 02:25 PM
Chile's Strong Economy: A Case of Positive Policy and Freedom T. Elliot Gaiser January 23, 2013
Click to view link
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Posted by amanfromMars on 01/23/13 01:29 PM
"If corporations would simply stop creating some of the world's largest social and ecological problems the rest of us would not have to try to solve them. Solutions can only come via a bottom up approach, with people raising their voices."
Here's a problem which needs a rapid, top down resolution, for a bottom up solution will have elite members hanged and hanging from lamp-posts ... ... Click to view link
Only fools and the mentally handicapped and insane think they are above the law and able to escape justice.
Reply from The Daily Bell
You reveal yourself as a shill and a troll every time you visit here.
You recommend we visit Zero Hedge to imbibe the latest propaganda: "Assistant Attorney General Admits On TV That In The US Justice Does Not Apply To The Banks."
You speak of JUSTICE? You believe if Wall Street "banksters" are thrown in jail the US will once again be a "just" country.
Here is our answer to you and people like you ...
Root For Wall Street to Go to Jail
Click to view link
