Wednesday, July 27, 2005

The coming fight for the last bottle of mineral water...

"The lucky ones are the ones who are my age now," he said.
Financial 'wizzard' Julian Robertson was born in 1933...

by Henk Ruyssenaars

FPF- July 27th - 2005 - Those of us who remember 'Mad Max'* - do know what a dystopian global village looks like: "Dystopian societies are usually characterized by extreme governmental tyranny and an exploitation of the people."

There's an interesting aberration concerning this story however when one looks for the original text: a shift of direction from the one predicted and described at first in the story - where Robertson said this for instance:

"The planet is not simply sinking into a sea of red ink; it is already sunk. The people just don't realize it yet," he said."

Rightfully blaming Bush and Cheney's regime for the global misery. The private Federal Bank, and Alan Greenspan, with his "Green ink and Paper' $-department, are said to be at the core.*

The editors later on softened what had been said in this way: "Editor: We have been informed by someone who works with Ron Insana at CNBC that much of the Julian Robertson attributions and quotes in this story are not authentic.    While the basic thrust of the article appears genuine -- i.e., the future economic outlook appears bleak -- the wilder attributions and quotes are bogus."*

Robertson's background is quite interesting: At his peak, no one could beat him for sheer stock-picking acumen. Robertson was the "Wizard of Wall Street" and was paid well for it. In 1993, his compensation and share of Tiger's mammoth gain reportedly exceeded $300 million. His current estimated net worth is over $400 million.

It's not Robertson himself, but: "someone who works with Ron Insana at CNBC" - who was trying to put oil on the global indignation waves, but there seems to be no official retraction by Robertson. Below is some more information.* Follows the article:

Legendary Funds Manager Predicts Utter Global Collapse Stemming From Bursting of Property Bubble*

By News Article

July 27th - 2005 - In a recent interview on CNBC with Ron Insana, one of the "old-timer" funds manager, Julian Robertson, predicted "utter global collapse" as a consequence of the bursting of the world-wide property bubble.

Often called "Never Been Wrong Robertson", the former head of Tiger Management (once the largest hedge fund in the world), is extremely worried about the speculative bubble in real estate.

Specifically, he is very worried about a world that is sustained by American consumer spending which is in turn 1/4 sustained by a property bubble. He predicts that 20 million people could lose their homes once the property bubble bursts.

Even more worrisome, he thinks central banks around the globe out of desperation will try to re-inflate the world economy with more liquidity that will create an inflationary spiral unseen in the economic history of mankind.

"Where does it end?", Insana asked Robertson. "Utter global collapse," he answered. But not just economic collapse ... collapse of epic proportions. Collapse and disintegration of all infrastructure, including government. Inflation will run into the double and triple digits. "Food production will fall. People will be carrying around U.S. dollars in wheelbarrows like Germany," he said.

There will be "total collapse of public infrastructure. Total collapse of medical care systems. All public pension plans, Social Security will collapse. All corporate pension plans will collapse."

"The American consumer is effectively now supporting the rest of the planet," he continued. "Consumption rates in all other nations are falling, have fallen to the point that the tax revenues to governments, that the business and industries those nation states are providing is now a net negative number relative to total debt service and public cost, that this exists in virtually every nation state on the planet now."

AND FOR MUCH OF THIS "DOOM", INTERESTINGLY, HE BLAMES THE BUSH-CHENEY "REGIME".

"They have now consolidated power and money on the planet to the maximum extent possible. The planet's net liquidity, that is its, net free cash flow. Is now a negative number. The planet is not simply sinking into a sea of red ink; it is already sunk.

The people just don't realize it yet," he said.

According to Robertson, "the Bush-Cheney regime is preparing the nation for transition from democracy into dictatorship because a dictatorship will be necessary to control, in 5 years time, food and water riots." He said "the federal government, that part of Patriot II Act, the internal exile, that the government is going to have to build now huge detention compounds on federal lands, probably in the West where the land is available, to potentially house 50 million or more citizens that will be in financial ruin."

IN 10 YEARS TIME, WHOEVER IS LEFT WILL BE EFFECTIVELY STARTING AGAIN, HE SAID.

"More importantly, and I'm trying to think how we imply this or how we express this to the people, what extraordinary times we are living in and how the destruction of the planet has been engineered by the Bushonian Cabal from 1980 to 1992, and then from 2001 to present, which has effectively destroyed the
economic liquidity of the planet," he said.

ROBERTSON ENDED THE INTERVIEW BY SAYING THAT HE HOPES HE IS NOT ALIVE TO SEE THIS.

"THE LUCKY ONES ARE THE ONES WHO ARE MY AGE NOW," HE SAID.

[enditem]

FOREIGN PRESS FOUNDATION
Blog: http://tinyurl.com/6v8ru
Editor : Henk Ruyssenaars
http://tinyurl.com/amn3q
The Netherlands
FPF@Chello.nl


* Julian Robertson - Wikipedia - Url.: http://tinyurl.com/8x9wh

* The article with denial by the editors can be found at - Url.: http://tinyurl.com/dblkj

* Renowned Funds Manager Julian Robertson, Predicts Global Economic Collapse - http://tinyurl.com/ayajq

* Mad Max - Url.: http://tinyurl.com/9l55q -

* Colin Powell: ''It is not anti-Semitic to criticize the policies of the state of Israel' - Url.: http://tinyurl.com/22p6c

* Who creates our money? And what is 'Press Freedom" about? - Url.: http://tinyurl.com/assvj

* Corporate News Media: Incompetent, Criminally Negligent or Complicit? - Url.: http://tinyurl.com/cqpfe

* Impeachbush.org is mobilizing a massive impeachment contingent at the huge September 24, 2005 anti-war March on Washington. Assemble at 12 noon at the White House. Sign up here to learn about the plans of the impeachment movement in the next month - Url.: http://tinyurl.com/cex28

It is very unlikely, but if you would prefer to unsubscribe from the FPF-list, just send a blank email with the word 'Remove' in the subject line. Thank you, but we'll miss you...! But, if you read an FPF item and want to be added to the free FPF 'list for free thinkers': simply send an email with the text 'Pls. Add me to the
list' in the subject line.

FPF-COPYRIGHT NOTICE - In accordance with Title 17 U. S. C. Section 107 - any copyrighted work in this message is distributed by the Foreign Press Foundation under fair use, without profit or payment, to those who have expressed a prior interest in receiving the information. Url.: http://tinyurl.com/djrep

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Orwellian Media Won't Report UK-US State Terrorism

Are 'Outrage' & 'Journalism' Dead?

FPF: Heard any of the so called world leaders protesting the facts below lately? Those political, religious or other species of hypocrites? How many 'talking heads' or other collaborating media propagandists have we seen on their TV? heard on their radio stations or read in their rags? For every day without outrage they deserve a year in jail! We must remember them all, because they all are guilty by association of this:

Orwellian Media Won't Report UK-US State Terrorism

By Gideon Polya - Countercurrents.org*

Whether a person in an OCCUPIED COUNTRY dies VIOLENTLY or dies NON-VIOLENTLY (through deprivation or avoidable, treatable disease) the end result is the same and the CULPABILITY the same. Further, the Ruler is responsible for the Ruled and the UN-mandated Geneva Conventions specify such obligations for occupying powers.

Some mainstream media have reported the latest Iraq Body Count findings of about 25,000 post-invasion VIOLENT Iraqi civilian deaths - but still will not report the post-invasion AVOIDABLE MORTALITY (EXCESS MORTALITY) in the Occupied Iraqi and Afghan Territories that now totals 1.9 MILLION (from the latest UN Population Division data, see: http://esa.un.org/unpp/index.asp?panel=1) (see also: http://globalavoidablemortality.blogspot.com/ and http://members.optusnet.com.au/~gpolya/links.html).

In general, the Orwellian mainstream media will simply NOT report the horrendous consequences of UK-US state terrorism in the Occupied Iraqi and Afghan Territories. In relation to "terrorism" there is a huge gulf between mainstream media reportage and actual reality - a huge media lie encapsulated in the dishonest and semantically absurd phrase "War on Terror".

In George Orwell's "1984", Big Brother perverted reality by "re-writing history", perverted the English language through "Newspeak" and perverted mathematics - the language of the universe - by the proposition "2 plus 2 does not equal 4". "1984" has well and truly arrived with the dishonestly named "War on Terror" and Orwellian mainstream media lies and "slies" (spin-based untruths) about the horrendous human consequences of war by the US-led Coalition in Afghanistan and Iraq.


Decent people need to regain the very meaning of words by asking questions such as: What is terror? Who are being terrorized? and Who are the terrorists? We must have zero tolerance for mathematical abuse in this Orwellian War on Truth and attempt to actually QUANTIFY global terror and terrorism, MEASURE the human consequences of terrorism and RANK the state and non-state terrorists in terms of the carnage they cause.

These questions are addressed in recent articles "Quantifying deaths by terrorism in the world" in Al-Jazeerah (see: http://www.aljazeerah.info/Opinion%20editorials/2005%
20Opinion%20Editorials/July/17%20o/Quantifying%
20Deaths%20By%20Terrorism%20in%20the%
20World%20By%20Gideon%20Polya.htm), "UK and US world's worst terrorist states" (see: http://www.mwcnews.net/index.php?option=
com_content&task=view&id=724&Itemid=26) and "Global terror and UK-US state terrorism" (see: http://www.newscentralasia.com/modules.php?
name=News&file=article&sid=1341).

What is terror? "Terror" is defined in the Shorter Oxford Dictionary as "intense fear" and "terrorists" "terrorize" by "coercive intimidation" i.e. by inducing "intense fear".

How can we quantify terror? The "degree of terror" is related to the "perception of avoidable death" for ourselves or our loved ones i.e. to the "perceived probability of avoidable death". ACTUAL TERROR - as opposed to "terror" manufactured by lying Anglo-American mainstream media spin, lies and "slies" (spin-based untruths) - is reflected in the "probability of avoidable death" in any year for the victims.

However it must be recognized that the relationship between "terror" and "probability of avoidable death" varies for different people and is not "linear". Thus the hero of "1984" was finally broken by threatened facial exposure to a rat whereas the iconic Australian bushranger Ned Kelly coolly went to the noose with the famous quip "Such is life".

Further, one supposes that one's "terror" at being in a swimming pool with one man-eating shark would be similar to that with a dozen. Nevertheless there is clearly a connection between "perceived risk" and feelings of concern, anxiety, fear and terror.

People can resign themselves to inevitable death (as we all do and as dramatized by the sailors on the Titanic) but "fear" is related to "risk" of potentially avoidable untimely demise.

The empirically-estimated "PROBABILITY OF DEATH EACH YEAR" is:

1 in 3.3 million (0.00003%) (for Western civilians at the hands of jihadist terrorists);

1 in 3 million (US citizen being killed by a shark);

1 in 4 million (US citizen being electrocuted);

1 in 6 million (US citizen being struck by lightning);

1 in 500,000 (0.0002%) (US citizen at the hands of jihadists in the 21st century)

1 in 10,000) (0.01%) (from car accident in the US);

1 in 1,250 (0.08%) (under-5 year old infant in Australia FROM ALL CAUSES);

1 in 1,000 (0.1%) (from cigarette smoking-related causes in the US);

1 in 38 (2.6%) (under-5 year old infants in UK-US-occupied Iraq);

1 in 17 (5.8%) (for under-5 year old infants in occupied Afghanistan).

TERROR indeed for tens of millions of Iraqi and Afghan parents - but clearly TERRORISM, MASS MURDER, MASS INFANTICIDE and HORRENDOUS WAR CRIMES by the US-led Coalition in the Occupied Iraqi and Afghan Territories.

Who are being terrorized? Clearly the parents of Iraqi and Afghan infants are being terrorized. The probability of getting heads when you toss a coin is 1 in 2. The probability of death for each try in Russian roulette with a 6 shooter is 1 in 6. Would you cross the road without lights if the probability of death was 1/2, 1/6, 1/17 or 1/38? Wouldn't you be in immense fear for your loved ones if they had mortality odds such as this?

Who are the worst terrorists? PASSIVE GENOCIDE by the US in the Occupied Iraqi and Afghan Territories (through non-provision of life-sustaining requisites demanded by the Geneva Conventions) kills 0.4 MILLION under-5 year old infants EACH YEAR, this corresponding to 1,000 (ONE THOUSAND) avoidable under-5 infant deaths EACH DAY.

The post-invasion avoidable mortality in the Iraqi and Afghan Territories now totals 1.9 million.(see the latest UNICEF report: http://www.unicef.org/ , Global Avoidable Mortality: http://globalavoidablemortality.blogspot.com/ and http://members.optusnet.com.au/~gpolya/links.html). In contrast, in the last 20 years the jihadists have murdered 5,000 Western victims (noting that the total Western population is about 760 million).

In harshly objective, "terror"-related terms of imposed "annual probability of death" for civilians, the US-led Coalition has outdone the jihadists and Arab insurgents by a factor of about 4/0.00003 = 133,000. However we can apply other measures to US state terrorism. Thus the " death ratio" of "total enemy deaths"/ "Allied military deaths" in World War 2 was 0.6 - however in the Occupied Iraqi and Afghan Territories the post-invasion ratio of "total enemy deaths" /"US military deaths" has been about 1,900,000/2,000 = 950 and the ratio of "enemy infant deaths"/"US military deaths" has been 1,500,000/2,000 = 750.

Let there be no equivocation - murdering and terrorizing innocent people is evil and vile. In reponse to the awful London bombings, the normally rather subdued Australian Leader of the Opposition, Mr Kim Beazley, vigorously stated of the perpetrators: "These terrorists are subhuman filth and must be captured and eliminated" (The Australian, 8 July 2005; see letters, The Age, Melbourne 11 July 2005). How then should we describe the Coalition perpetrators of mass infanticide in Iraq and Afghanistan? How should we describe the Orwellian mainstream media who are complicit in horrendous Anglo-American state terrorism?

PEACE IS THE ONLY WAY BUT SILENCE KILLS AND SILENCE IS COMPLICITY. DECENT PEOPLE MUST INFORM EVERYONE.

WE MUST ESCAPE FROM THE MEDIA-CONSTRUCTED ORWELLIAN TRAVESTY, REGAIN THE ENGLISH LANGUAGE AND APPLY THE NUMERICAL LANGUAGE OF THE COSMOS - 2 PLUS 2 STILL EQUALS 4.

[enditem] - Dr Gideon Polya - Countercurrents - Url.: http://tinyurl.com/85g4y

Fwd. by:

FOREIGN PRESS FOUNDATION
Blog: http://tinyurl.com/6v8ru
Editor : Henk Ruyssenaars
http://tinyurl.com/amn3q
The Netherlands
FPF@Chello.nl

* Bush interv. ABC: No WMD's but many killed: "It was worth it". - Url.: http://tinyurl.com/6bal9

* Former Secr. of State Madeleine Albright in her comment on half a million dead children in Iraq: "We think it's worth it" On CBS 60' Minutes - Url.: http://tinyurl.com/2vmc8

* BBC: "THE WAR IN IRAQ IS ILLEGAL" says UN's Secretary General Kofi Annan - Url.:http://tinyurl.com/5pl2v

* A crime against humanity is an act of persecution against a group, so heinous as to warrant punishment under international law: Please scroll - Url.: http://tinyurl.com/6rphj

*Corporate News Media: Incompetent, Criminally Negligent or Complicit? - Url.: http://tinyurl.com/cqpfe

* Americans killing Americans - see comment - Url.: http://tinyurl.com/8lm78

* Impeachbush.org is mobilizing a massive impeachment contingent at the huge September 24, 2005 anti-war March on Washington. Assemble at 12 noon at the White House. Sign up here to learn about the plans of the impeachment movement in the next month - Url.: http://tinyurl.com/cex28

It is very unlikely, but if you would prefer to unsubscribe from the FPF-list, just send a blank email with the word 'Remove' in the subject line. Thank you, but we'll miss you...! But, if you read an FPF item and want to be added to the free FPF 'list for free thinkers': simply send an email with the text 'Pls. Add me to the list' in the subject line.

FPF-COPYRIGHT NOTICE - In accordance with Title 17 U. S. C. Section 107 - any copyrighted work in this message is distributed by the Foreign Press Foundation under fair use, without profit or payment, to those who have expressed a prior interest in receiving the information. Url.: http://liimirror.warwick.ac.uk/uscode/17/107.html

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