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Governments and Central Banks are Completely Incapable of Keeping Tomorrow

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Buttercup McToots Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-27-06 06:03 AM
Original message
Governments and Central Banks are Completely Incapable of Keeping Tomorrow
Edited on Sat May-27-06 10:36 AM by newyawker99
Clyde Harrison’s Speech:
Governments and Central Banks are Completely Incapable of Keeping Tomorrow from Coming
by Clyde Harrison, April 2006


This page can be read online at:
silverstockreport.com/email/Clydes_speech.html

Introduction: I've met Clyde numerous times as a fellow panelist at the Chicago natural resources show. Clyde sent me his latest draft of his speech, which he continually revises, as he is in very high demand as a speaker. You will see why, as he has a genius for clarity of vision, as well as presentation. I've only edited the text for punctuation, to help make it more readable. Clyde knows how to turn a phrase to make his market insights humorous and memorable. This speech comes at a perfect time, as the commodity markets seem to be stumbling with increasing volatility and uncertainty. But Clyde's comments from a month ago reassure us that commodities will probably be in an up trend for the next 10 to 15 years, and he gives plenty of reasons why. This is definitely a "must read". --Jason Hommel

Clyde Harrison’s Speech
April, 2006

God gave me the ability to recognize the obvious, some common sense and a sense of humor to stand the first two.

The one trend in place is the overall advance of mankind. It began when we emerged from the cave.

The world is going through a dramatic change. The world has discovered capitalism. China and India are transforming their economies from poor agrarian economies to industrial powers. The effect of these changes will be felt for years.

One of my favorite quotes is, “Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for life.” Today in order to teach a man to fish, you need two fishing licenses, a state boat sticker, OSHA approved life jackets, EPA approved weights and hooks, you pay a park fee, obtain a fire permit to cook the fish and an EPA permit to dispose of the waste. Thanks to the government, fish you catch costs 8 times as much as the fish you purchase in the supermarket, caught overseas.

When I started in the investment business 38 years ago, the Golden Rule was “Do unto others as you would have them do unto you.” In a few years it was corrupted to, “He who has the gold makes the rules.” Today it has been totally corrupted to, “He who makes the rules gets the gold.”


Clyde C. Harrison
Brookshire Raw Materials
510 Diamond Lane
Cary, IL 60013 USA
847-516-2826
charrison@brookshirerawmaterials.com

Clyde Harrison manages a fund, check it out:
http://brookshirerawmaterials.com/
:thumbsup:

More at link...

EDIT: COPYRIGHT. PLEASE POST ONLY 4 OR 5 PARAGRAPHS
FROM THE COPYRIGHTED NEWS SOURCE PER DU RULES.
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rman Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-27-06 06:38 AM
Response to Original message
1. It's very simple: Almost the entire world is capitalist.
Edited on Sat May-27-06 06:41 AM by rman
And almost the entire world is poor.

partial transcript from a lecture by Michael Parenti
http://www.michaelparenti.org/
http://www.workingtv.com/parenti.html

--

Globalization is an attempt to extend corporate monopoly control over the entire globe. Over every national economy, over every local economy, over every life.
It does this by treating international corporate property rights and international corporate investment rights a supreme, as taking precedence over all other rights including our democratic sovereignty.

It is a future version of imperialism.
Imperialism is an expansionist version of capitalism.

Capitalism:
We're thought that it is a system that works, it's a system that brought us "prosperity".
We've heard that all our lives.

Now i'm going to try convince you otherwise.

And i'm going to do it in two minutes.

Actually i think some of you already have certain suspicions about that system.

It's very simple: Almost the entire world is capitalist.
And almost the entire world is poor.

Capitalist Indonesia is miserably poor, and getting poorer. Capitalist India is miserably poor, and getting poorer. And Thailand, and Nigeria and El Salvador, Haiti, Mexico, Brazil, Argentina, Russia, Poland, Bulgaria.

With all the privatization and deregulation and free market coming in; poverty. Poverty increasing, crime increasing and desperation increasing and misery increasing, and homelessness increasing, and suicides increasing.

It's capitalism at work

These countries are getting poorer as the giant corporations move in and get richer. These countries are getting poorer as there is more and more deregulation, more and more free market. These countries are getting poorer because the people are being driven of the land by the corporations, where they create business zones.

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Buttercup McToots Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-27-06 06:54 AM
Response to Reply #1
2. Sad
isn't it...
right before our eyes...
that is...if the eyes are open...
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rman Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-27-06 06:57 AM
Response to Reply #2
3. ...and look only at what the corporate media tell you.
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fasttense Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-27-06 07:12 AM
Response to Original message
4. Unregulated business always leads to exploitation.
If unfettered business and commerce were the solution to all the worlds problems as Harrison implies, then in the 1800 we wouldn't have had five year olds losing their fingers and hands trying to clean from under dangerous equipment. There wouldn't have been the Triangle Shirtwaist Fire of 1911 or slave labor. All those situations could have been prevented with intelligent controls on business and commerce.

Given a choice, business will always chose the most exploitive and unfair labor practices they can get away with. Corporations have no conscious. Their soul purpose is to make money, at any or anyone's expense but not at their own expense. If making money means letting five year olds suffer the loss of limbs, so be it. If it means young girls must chose between jumping out of burning buildings or dying from smoke inhalation, so be it. The corporation and many businesses believe they should make money no matter what the cost is to society. They must be regulated by government to prevent the creation of a slave class.
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OneBlueSky Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-27-06 10:32 AM
Response to Original message
5. the following quote really sums it all up quite nicely . . .
"You know the system is corrupt when Congressmen spend $6 million to get a job that pays $162,000 per year" . . .


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