Tuesday, October 14, 2008

Obama: Dream Maker for Shady Elites or for Masses?

Obama: Dream Maker for Shady Elites or for Masses?

Barack Hussain Obama an attorney by profession has yet to complete his first term in Club 100 Elite US Senate. Belongs to a very rich, politically well connected ferocious fraternity of 880,000 Licensed Liars (Lawyers) who have made America legally corrupt and legally racist. 80,000 of them alone are in 8,000 sq miles New Jersey which is world’s most corrupt & racist state with 9,000 Elected officials in 588 governments in 566 Princely Estates for 8.5 million subjects. Obama who claims to be a Civil Right Lawyer, in 10 years of active license in Illinois never handled a Trial and mostly worked in teams of lawyers who drew up briefs and contracts in all cases. He entered politics by becoming an Illinois Senator and winning his first election Un-apposed by having his lawyers knock all his opponents off the Ballot on flimsy technicalities.

Obama is not the first politician to rise through a totally corrupt political machine of America run by unionized corrupt politicians, big businesses, media & judiciary. But he will certainly go down in the history to be the first one who has the audacity to present himself as President of America; with no character, convictions, ideology and principles. His ability to do that clearly proves; economic, political, business, religious & social leaders have failed the American public. If he takes over as Commander in Chief in January they will be remembered as axis of evil not Obama who will make America most liberal welfare state & heaven for shady elites in the world.

No one is paying attention how Obama has reached to the top by starting his political carrier with money from the convicted felon slum lord Tony Rezko, advancing it in home of a unrepentant domestic terrorist William Ayers all in the guidance of race-baiting Rev. Jeremiah Wright of “God damn America” fame and Al Farrakhan who called whites “blue-eyed devils” and the Antichrist. It is hard to think of any presidential candidate in America ’s 232 years history before Barack Obama sporting associations with criminals, terrorist, mobsters racist, druggies and other shady characters and still openly denying that they had no influence on him!

To advance his professional and political carrier Obama has never hesitated to associate with shady characters and to accept shady money or to preside over $50 million Education grant arranged by a 60’s terrorist Bill Ayers. Obama further raised another $60 million not to raise the Test scores of the children but to radicalize them with Bill Ayers anti-America ideology. This is the philosophy of Obama all grants for Education must be routed through middlemen like him and Bill Ayers even if they have nothing to do with the education of the students.

Obama is closely associated with a radical group ACORN who is in the news for last so many years for Voter Registration frauds for phantom voters who does not exist or getting multiple registrations for the same voter. Obama found all such characters useful that can financially and professionally benefit him. He used them thoroughly and if the need of the hour is; to disassociate himself from such people or to lie about such associations for political expediency, he has done it without any hesitation. The prime example is Rev Jeremiah Wright whom he dumped after 20 years of association and Bill Ayers became just another guy in his neighborhood during his presidential campaign; in his quest for US Presidency. Obama is a ruthless liar with no character, convictions and principles who is willing to do or say any thing to achieve his personal dreams.

I don’t think any one has any problem with people converting from Hinduism to Christianity and Islam or Christian converting to Islam or vice versa. Unlike Christian convert Gov Bobby Jindal of Louisiana who has never said he was never a Hindu and his parents are not practicing Hindus, Obama has been shouting from every sky rappers of America, he has never been a Muslim, was not raised a Muslim and is a committed Christian. Where as fact of the matter is in Muslims, if your father is a Muslim, you are a Muslim. That is the reason his father gave him a name Hussein. Then he had prayed in mosque and celebrated Muslim festivals together with his Muslim step father. For which no one should have any objections. Obama also attended Islamic religious study classes, has knowledge of Koran & Muslim prayers still he is denying being a Muslim in the past or accepting he is a recent Christian convert because it does not suit him politically. His hatred for his own Muslim past, his own Muslim father, his Muslim step father and Islam is beyond any sensible person’s understanding. There is nothing wrong if one is a Muslim because Islam is a religion practiced by over 1.4 billion people around the world. Obama by denying his Muslim past is insulting all those people in America and around the world who are practicing Islam.

Obama has admitted taking drugs and hanging out with others who were known to take drugs in High School. He has a very simple explanation for all this in his book, “Dreams from My Father” (or Step Father whom he hates probably for being a Muslims) that he took marijuana and cocaine in part because of questions his race presented. After that he got hooked to cigarettes which he quit just before entering the Presidential Race; a good reason to quit smoking for a past drug & cigarette addict, an opportunist and a habitual liar!

Coming to Obama’s billion dollar campaign, seven of the Obama campaign’s top 14 donors consisted of officers and employees of the same Wall Street firms Goldman Sachs, UBS, AG, Lehman Brothers, JPM Chase, Morgan Stanley, Citi Group & Credit Suisse charged time and again with looting the public in the name of Junk Bonds, Dot Com, Enron with energy derivatives. Recently accused of looting the public thru crafty debt derivatives and making Pulse only real estate Loans as well as price gauging of basic commodities by his 8th big donor commodity speculator & hedge fund manager Citadel Investment Group. These latest Wall Street Frauds have brought financial meltdown to a magnitude never seen before all over the world.

These recent Wall Street frauds have eaten up more than 40% of middle class & poor’s retirement and savings in less than a year. Has left thousands of children in some of America ’s largest minority communities especially African Americans and Hispanics coming home from school to see eviction notices and foreclosure signs nailed to their front doors. It is an open secret Obama also got millions from practically bankrupt Fannie Mae & Freddie Mac holding the bulk of the fraudulent mortgages in America . The homeless children are also experiencing cut down in their food intake because of price gauging by commodity speculators & hedge fund managers like Citadel Investment group. These scars will last a lifetime and Obama who claims himself Champion of minorities is unfazed with these revelations.

The other 6 Obama Campaign top donors are 5 large Corporate Law Firms who are also registered as Lobbyist; Austin LLP, Jenner & Block, Kirkland & Ellis, Skadden, Arps, et al & Wilmerhale. The sixth not registered as lobbyist but does legal work for Wall Street. Obama took money from the partners of Mayer-Brown who is defending Merrill Lynch in court against charges of Racial discrimination.

Coming to Obama’s political suaveness; he has a checkered record of 129 Present only votes in Illinois Senate rather than Yes or No on important issues to avoid controversial decisions that could be used against him later. Most notably Obama opposed Legislative efforts in 2001, 2002 & 2003 to give legal protection to any aborted fetus that showed signs of life; by denouncing on the issue of human life. Equally colorful is his US Senate record of more than 340 absents. Only one of the measures Obama sponsored as US Senator was enacted; a bill to promote relief, security and democracy in the Democratic Republic of Congo! Obama also voted Yes for the Class Action Fairness Act of 2005. 16 Democrats including Hillary Clinton and his running mate Joe Biden voted against it. 14 State Attorney General including his Home State Illinois’s Lisa Madigon had written to the Senate & House to stop this Corporate giveaway. US Congress also received passionate opposing pleas from over 40 Civil Rights & Labor Organizations including NAACP, ACLU, HRC etc that under Class Action Fairness Act of 2005 citizens are denied the right to use their own state Courts to bring Class Action against corporations that violate state wage & hour and state civil rights laws, even where that corporation has hundreds of employees in that state. Moving these state law cases into Federal Court will delay and likely deny justice for working men and women of discrimination. Federal courts are less likely to certify classes or provide relief for violations of state laws.

This anti consumer & civil rights legislation involved 5 years of pressure from Fortune 100 corporations and millions of dollars spent by these firms to buy influence in US Congress. A business alliance “The Civil Justice Reform Group” of these very Fortune 100 firms was instrumental in drafting the Class Action Bill. How come Obama an attorney by profession was not aware of such a Mega Million Dollar Free Distribution scheme going on for last 5 years for the Elite like him by the Fortune 100 Corporations?

Barack Obama with all the above facts still has the sanity and honesty to make such public statements to the Media, “Washington lobbyist haven’t funded my campaign, they will not drown out the voices of working Americans when I am President.”

Obama rather than keeping a distance or not accepting money from Washington Lobbyist has been sleeping and brainstorming with them along with his entire Campaign & Political Advisors Team on their money though out his political carrier. That is the reason the main stream media which is owned by the Masters of Washington Lobbyist has never tried to vet their compromising bedmate Obama with no character, convictions and principles as future President of America.

A person who wants to vote for Obama as US President by trusting the main stream Media they must think hard it is the same media and same reporters who are more responsible for the present Financial Meltdown around the world. They failed to even give a slight hint that your retirement & life savings will depreciate by over 40% in less than a year. They failed to educate you that it was Democrat President Bill Clinton who is the father of this monster child Financial Meltdown.

Clinton with his Community Redevelopment Act opened the path to advance Candy/Home Loans to those who can not afford them & his Commodity Futures Modernization Act. allowed Wall Street to create crafty debts like RMBS’s, CDO’s, CDPC’s & CLO’s etc which can not be priced even by these Wall Street thugs who created them by repackaging shady debts. Recently Merrill Lynch sold these kind of debts for $0.7 to $1.00. This is also a fact that Republican President George Bush is the step father of this monster child; who brought & raised it like his own; in full view of the so called mainstream American Media, business leaders, elite business school scholars & economist and unionized corrupt politicians.

Liberal Obama’s dangerous mix of poor judgments aligning with mobsters, terrorist & racist individuals and vast inexperience, tendency to lie can be very fatal for our generations to come if he is elected President of America. Those who argue that the other choice John McCain is also bad, I fully agree with them. But try to understand who should be blamed for these bad choices? The American people who have allowed them selves to be governed by unionized corrupt politicians, big businesses, media and judiciary are to be blamed.

To save America from further moral, ethical and financial bankruptcy; let the least worst man be the President of America for next 4 years. McCain is that man with more acceptable record of basic character and accomplishments than Obama out of the 2 worst choices Americans have in November elections. We Americans must rise to correct our flawed financial & political system where CEO’s can make millions even if the company is heading for bankruptcy and a thug Jon Corzine from Wall Street can buy a US Senate seat for $64 million and then trade it for a Bed in the Governor House of New Jersey state by spending another $85 million of money stolen from public and a radical Liberal Barack Obama with no character, convictions and principles with Washington Lobbyist money can come close to the shouting distance of American Presidency.

God Bless America .

Dave Makkar


Monday, May 5, 2008

America under the Seige of an Elite Club


Pro Israeli Wall Street, Hollywood & Big Media & Corporations are controlling the US Congress and all the 50 states. Oil Companies are making $10 million per hour, Hedge Fund Managers making $10 million per Day and big Corporation CEO’s are making over $1,700.00-$2,000.0 per hour. 500 CEO’s of 500 American Companies in 2007 collectively made $6.4 Billion which average out $12.8 million per CEO. Where as around the world 2.8 billion people are living in dire poverty and are making less than $2 a day. These members of Elite Club gets $1 million to $350 million pay packages, $1 million to $87 million year end bonuses and $1 million to $350 million Exit Packages which is to leave the company. With these kinds of financial incentives they still have the sanity to flush their Companies into toilets for example Enron & Bear Stern.

Recently due to Sub Prime looses the US Gov has swapped $400 billion of this Elite Club’s Mortgage Backed Securities & Derivatives with preferential government Loans and government securities with Tax Payers Money; rather than sending the guilty to jails. Even the UK Government has swapped $100 billion worth of Bank Mortgage Backed Securities & Derivatives with Government Securities. These Bankers Securities & Derivatives are not even fit to be used as Toilet Paper. When the US Government is not punishing those who have done Financial Scams to the tune of over $600 billions; how it can be trusted that they are serious in bringing reforms the way US government operates?

I am a small Check Casher in New Jersey licensed by the same Banking & Insurance Department which supervises & regulate Elite Club Members making $20- $350 million plus perks. The only difference is that my fee is regulated by BID from $1% to 2% of the face value of the check (welfare or payroll) for the last 15 years. In the mean time my Bank Service Charges (Interest on borrowing not included) has gone up from $235 to $2,000.00 per month, Banking License from $250.0 to $1,800.00, Liability Insurance from $200 to $2,000.00, Workman Comp from $136 to $980.00, Crime (no coverage for check frauds like big Banks) from $900.00 to $5,800.00, Medical for a family of 4 from $336.00 to $1723.00 with 40-60% reduced benefits, higher co-pay as compared to 1999 & no vision coverage & dental is partial only with a cap of $1,500.00 per annum.

Then my Property Tax $7,800.00 in 2001 has gone up to $16,380.0 for living in the most corrupt & racist state of the world New Jersey under Pro Israeli Rulers. In 1999 I used to work 80 hours and now I work 120 hours but still unable to match my peak earnings of 2001 which has dropped by over 25% in real terms despite my 50% additional hours I am putting in. Last year I was audited for more than 2 months on the orders of a Goldman because I have become a pain in the neck for NJ Rulers for making complaints about a School Board stealing money from its student, a Lunatic Zygmunt Wilf doing massive permanent wholesale damage to environment, a Police Union calling Indians are cockroaches, animals, illiterates & illegal and Towns having Traffic Summons Quota for Minorities to raise revenue. Surprisingly my business is only in 375 Sq Feet. and since inception in May 1999 has been audited 7 times by State Banking Department & 2 times by IRS on the complaint of NJ Rulers; where as some of the similar businesses has not been audited for 8-10 years.

If I look around for more comparison; in 1999 CEO of my Health Insurance took home $8.5 million and in 2007 took home $28.5 million, which is an increase of 150%. Even a small NJ company Quest Diagnostic its India born CEO Surya Mohapatra took home over $2.0 million in 2007 and another India born Indra Nooyi CEO of beverage giant Pepsico’s pay packet was $12.74 million, Oracle CEO Larry Ellison’s total compensation was $192.92 million. Also in 2007 Investment Banker Goldman Sachs CEO took $87 mil in year end bonus. Bear Stern’s CEO took $47 mil as year end Bonus and then flushed Bear Stern in Toilet in March 2008. Surprisingly a ex-Wall Street Elite Club Member Henry Paulson now running US Treasury bailed this company out with Tax payers $30 billion given to another robber JPM Chase against some Bonds which can not be used even as Toilet paper. JPM Chase paid $345 mil for Bear Stern where as its real estate is worth almost $1 billion.

Then Citi Bank marred with huge financial losses of more than $80 billion gave Vikram Pundit $ 26.7 million in stocks & $3 million in Stock options as Signing Bonus besides undisclosed Package for his Exit & Pay packages in Dec 2007 to make sure all the wrong doings done by previous CITI bosses will be covered by him and will not be made public. Surprisingly Vikram Pundit has no expertise or experience or knowledge in Citi’s core business which is consumer Banking.

If government can regulate for last 15 years income of a small business owner like me under the pretext my services are used by poor & less fortunate in the society where as the fact is my services are also used by Elite Club Members posing as Politicians, School construction Contractors, Real Estate & Mortgage Brokers & Wall Street people stealing from the public. Why can’t the same logic can be applied to regulate the earnings of Elite Club Members in Banking, Real Estate, Medical Care, Insurance, Pharmaceuticals, Educational institutions, Food Industry, Soft ware, Attorneys, and Politicians etc?

Can the American Political Leadership rather Unionized Carrier Politicians Posing as Republicans & Democrats working for Robber Barons & CEO’s has any explanation between my rising Health Premium $ 336.00 in 1999 to $1723.00 in 2008 with 40-60% reduced benefits and 6 times higher co-pay for Doctor visit & Medicines going up from $5 to $30.00 and Health Company’s CEO’s pay going up from $8.5 million in 1999 to $28.5 million in 2007?

Can they explain why my property tax from $7,800.00 in 2001 has gone up to $16,345.00 in 2007? My property is a single family unit with little over 3,200 sq ft built up area on a piece of land measuring only 100 ft X 110 ft.?

Can they explain why my food bill from 15% in 2005 has gone up to 28% in 2008? Why government gave $2.8 billion in 2007 to Farmers lobby for not cultivating the Land? Why they were giving subsidies to Corn Farmers & Ethanol Producers despite the fact that it takes 26 Lbs of Corn to produce 1 Gallon of Ethanol?

It seems American government policies and the policies of Corporate America have become one and the same. The real minority Unionized Elite Club Members are running America. The wealthy, influential and well connected people; some posing as our Political Leaders are making all the decisions. The back bone of our great industrial nation was built on the backs of working men & women of middle class and the working poor, who are the majority in America. It looks like Unionized Elite Club Members; big Corporations & Politicians of USA are working very hard to increase the population of poor in America. The members of Elite Club are devising con schemes how to make the majority poor by reducing their earnings and entitlements in real terms. The Americans must rise and unite to perform their Civic Duties to take back America from this Elite Club who is ruining America.

We must understand what our great founding President George Washington said, “Government is not reason; is not eloquent; it is force like fire, it is dangerous servant and fearful master.”

God Bless United States of America

Dave Makkar

Tuesday, April 29, 2008

Presidential Election in Banana Republic of America

Presidential Election in Banana Republic of America

For the last more than 1 year I am watching free very expansive & lavish Circuses with Performers from the minority Unionized Elite Club running America in the name of Presidential Primaries. Basically these are Media events for pollsters, advertising companies, speech writers, lobbyists and dress designers to make quick money by selling lies. In 21 Century one can still hear how many Blacks or Hispanics or Asians or women or Elderly or Men or whites voted for each Elite Clown. No Elite Club Member mention about voting pattern of Jews and every one hates Mormon. The moderators rarely ask uncomfortable questions and allow the Elite Clowns to fight like Cats & Dogs on petty personal issues not current or future policies affecting governance of America. That is besides the point the common citizens will still be penalized for these Circuses even if they don’t watch it and don’t vote for one or the other Elite Club Clown to be declared Winner Performer by way of higher taxes, reduced services from their town, state & federal governments as well as their employers in private sector.

The winner Elite Clown in prize will get the control for 4 years of the world’s largest enterprise America with 290 million share holders, millions of employees, clout in practically every country to benefit directly or indirectly by paddling influences. Talking about money this corporation produce $13.8 Trillion Dollars annually in revenue and that is a different question this enterprise has become the biggest debtor with every minute rising debt to day it stands at over $12.5 trillion which it owes to the rest of the world to maintain a very lavish & luxurious life style for its members and some hand picked supporters belonging to its Elite Club. Then for 4 years the common citizen will not have any choice to get replacement or exchange for this winner Circus Clown who will be called the President & CEO of America.

America which is called the oldest Democracy and world Super Power do not have uniform Rules for its Presidential Primaries. For Democrat Party nomination one needs 2,025 Delegates out of the 4,048 and for Republican nomination one needs 1,245 out of 2,488. Then in Republicans Primaries winner takes the all where as in Democrats it is proportional, even the loser gets some Delegates. For example out of 100 Delegates for a state if winner gets 55% votes he/she gets 55 Delegates based on % of votes received and rest of the Delegates goes to the loser and if there are more than 1 loser than the Delegates are allotted to them according to their % of votes received. To add more to the confusion; every state has their own Rules like straight voting by Party Members or one vote for 1 Party or they have Caucuses, where in cigar smoked filled rooms after getting drunk & evaluating Political & other material benefits for them selves the State & Local Party Bosses allot Delegates to the Candidates. In some state cross voting is also allowed, which can give leverage to a Party to prolong fighting among candidates of opposing Party.

Then in Democrats even if the Candidates know no one can reach the magic number of 2,025 Delegates and nomination will be decided by 785 Super Delegates after assessing their own future benefits; Party Bosses & elected Representatives like Senators, Congressmen, Governors, Mayors etc. still keep their Primaries fight going on by sinking in additional millions of Dollars like Barack Obama & Hillary Clinton are doing since early March 2008. In the end with more than $2 billion spent and the common Citizens who wasted their Time, Money & energy by participating in these Primary Circuses their Votes will be flushed in the Toilets of Club of Elites.
All these mind boggling non sense anarchy where common citizen’s vote do not count, any sane person can conclude that America is a Banana Republic when it comes to electing its Commander in Chief the President of United States of America.

These Elite Primary Circuses start with more than a Dozen Clowns from the Unionized Elite Club posing as Democrats & Republicans. No one wants to change any thing or bring transparency or accountability. All they are interested is how to get the Prized Bed in the White House!
After numerous elimination rounds of multi million Dollars Primary Circuses held in different states of America like currently we are left with 3 Clowns; the most horrible, who have never worked in Public or Private Sector, economy ignorant with no managerial experience of running even a candy store as well as a State or even a small Twp. like Wallpack with 35 residents in New Jersey as its Mayor.

These 3 clowns; Hillary Clinton, Barack Obama & John McCain all belonging to the Club 100 Elite of America the US Senate; so far together they have spent more than $1.5 Billion, bulk of it over $1 billion by Barack & Hillary; while delivering speeches on smaller government, imaginary schemes to reduce poverty, cursing & out right abusing lobbyist for corruption and falling moral & ethical standards in Public offices with fuzzy math on economy and how they will cut wasteful expenditure in their administrations. Then states, Federal, almost 3 dozen loser Clowns and those enthusiastic supporters living under the illusion that their votes counts have spent more than $2 billions. Even after 16 months & spending more than $3.5 billion Americans have no idea which Democrat will challenge the Republican John McCain.
How very convenient for the Elite Club of America to carry out their crimes “through Media blitz, accounting tricks, fiction, hocus-pocus, misleading statements, trickery, half truths, omissions and out right lies that every American’s vote will count!”

Democrat Hillary an attorney by profession claims she has run a business of Presidential Pardons for 8 years from the White House giving & getting amnesty even from foreign governments for money to her husbands Foundation or her election Campaigns; to criminals like Mark Rich, Hsu, Sant Singh Chatwal, Dr P S Sabharwal, Vinod Gupta etc surely that gives her an authority on Economy & Governance of the biggest economy in the world. Moreover prior to that she has worked for Wal-Mart to help them how to cheat their workers gives her an edge to understand the problems of working class of America. Then she is the wife of a womanizer Ex-President Bill Clinton who declared a holiday for 8 years in National Security Departments because of Monica Lewinsky; gives her added experience with Bill as baggage if elected in National Security & Defense matters.
On top of all this she feels her powers to make out right lies to look like truth; like her daughter Chelsea was in the vicinity when 9/11 happens and she had to duck her head and run for her life from the barrage of bullets in Bosnia as First Lady makes her the perfect Stateswoman, Hollywood & Bollywood Star & a Politician in true sense from the Elite Club of America appealing to the entire world especially the 3rd world corrupt countries likes Israel, Italy, India etc.

Another Democrat yet to complete his first term in Club 100 Elite of America; Senator Barack Obama also an attorney by profession very eloquent speaker, hate his middle name and got his childhood rewritten with some literary help to become a Born again Christian; claims his 20+ years long association with his spiritual advisor Rev. Jeremiah Wright who teaches in his Church Aids in the world is American creation, 9/11 white Americans brought it on them selves so rather saying God Bless America his followers must say Goddamn America and learn politics with slum Lord Tony Rezko’s money to establish a record in Illinois’s State Senate Present Only votes on very important issues rater than Yes or No makes him an authority on Economy, Religion, Family values, Defense/National Security, Foreign Relations and Good Governance.

Coming to the third Elite Clown from Club 100; Republican Jon McCain an adulterer. His current wife Cindy a drug addicts who stole drugs from the Charity she was in charge. Both flirted while John was married to another woman. Initially Elite Club held a grand funeral for John and when every one’s favorite Hillary was slipping; John was brought out of his grave, given a heavy dose of steroids and unofficially declared President of America by Pro Israeli lobbyist running America. John is the only one who is talking some truth that he does not understand Economy! Because for 22 years he was in navy out of which he has spent 51/2 years as POW in a dark cell in Vietnam, 4 years in US Congress and for the last 21 years he is in Club 100 Elite the US Senate. No one is asking him any questions that during his 21 yrs in Senate & 4 in Congress he has voted on so many important financial bills granting billions of Dollars; he means to say he never read them and could never learnt any thing about American Economy in 25 yrs? I guess he never read them and that is the reason when you ask him about Economy his answer is Bomb, Bomb, Bomb and his entire Presidential campaign is being run and managed by lobbyist and their money whom he has been cursing since he got into American Politics for The Elite and by The Elite in America!

Then an Israeli/American filthy rich womanizer Michael Bloomberg the owner of Bloomberg Radio & Television also Mayor of Financial Capital of the World New York; was thinking of running for President as Independent and spent millions of dollars on research. You know what is his conclusion? If you are running as Independent and your last name is Stein or Baum or Berg 50% of Democrats as well as 50% of Republicans will vote for you. Because of Israeli clout on Main Stream Media, Wall Street, Hollywood, Real Estate & American Politics up to the grass rote level in all the 50 States of America.
He dropped the idea of running because Mans, Golds, Steins, Bergs, Baums, Sabloskys cut a deal with Republican John McCain to say it publicly he will support Israel whatever it takes to help them in the pursuit of their illegal colonization of Palestine Land since last 40 years and he will remain in Iraq for 100 years if need be to provide safety cover to Israel!

By looking at all the above don’t you think our People’s Representation process is messed up? I believe majority of the citizens are very honest, God fearing and love America more than me; their answer must be “YES”. That is the reason I have been fighting since 2004 in a very civilized manner to take back the ownership of America from the minority Elite Club of Scoundrels governing America. Now I have reached to a state where I am taking the route of using provocative language against my own likings; to wake up my fellow countrymen who have blind trust on our current Unionized Politicians posing as Democrats & Republicans, 880,000 attorneys, robber Barons, Business Tycoons under Israeli lobbyist controlled America. The Americans must unite to take back the control of America from this Unionized Mob to manage this country for its People not for its Rulers.

We must understand what our great founding President George Washington said, “Government is not a reason; is not eloquent; it is a force like fire, it is dangerous servant and fearful master.”

God Bless America
Dave Makkar


Thursday, March 20, 2008

Rising Food Prices & Starving Humanity around the Globe

Rising Food Prices & Starving Humanity Around the Globe

Hunger has a new face now, more urban hunger than ever before in past one century. Food is on the shelves but people are unable to afford it. Prices of staple food has risen 100-200% in one year alone; wheat 114%, corn 130% & rice 200%. In last 3-5 years the commodity prices have gone up by 300-500%. 35 countries including India & China are facing social unrest because of the rising food and energy prices. India & China are denying it in their own ways; China a dictatorship rarely tells about their internal problems and India governed by corrupt & communal leaders dishonestly says they have enough food stocks without telling the world that majority of the 800 million Indian poor can not afford to buy food especially at these prices. The implication of food crisis are being under estimated by every one including America, Germany, Japan, Saudi Arabia around the world despite on going violent riots for food across the globe.

Since Feb violent rioting are happening over the doubling of prices for staple food in a year in Haiti, Cameron, Ivory Coast, Mauritania, Mozambique, Senegal, Bolivia, Cambodia, China, Philippines, Indonesia, Pakistan, Uzbekistan, Egypt, Jordon, Yemen etc. Asian countries such as India & Pakistan have curbed rice exports to ensure supplies for their own residents. Philippines have declared Rice hoarding an Economic Sabotage offense and are considering moratorium on converting agriculture land for housing and Golf courses.

2.8 billion People, nearly half of the world's population live on $2 a day or less. When you are living on $2 a day, most of your income is spent on food; not processed chicken dinners and frozen pizza, but the basics: flour, corn, rice. This is what keeps you and your family alive. In country like India with world’s largest population of 800 million poor; they spend $1.50 a day out of their meager less than $2 a day income on basic food. When food prices have gone up by 100-200%, alone in last 12 months, it’s not a matter of cutting back in other areas. Instead it means that they and their children will eat less, and go to bed hungry at night or may develop serious malnutrition ultimately leading to deaths.

Most of the worst famines in modern history were caused by Western Imperialism and free market fundamentalism. The Irish famine, the famines in India in the 1700’s, 1890’s and 1940 all turned from draughts into famine by deliberate decisions not to “interfere with the markets rather not to provide food for the less fortunate in the society.” In fact as Mike Davis wrote, during 1876-77 famine in India, private charity work were made illegal by the inhuman colonial British government because they obstructed the free market.

Again the improvised Indians suffered horribly at the hands of their own Nehru, Indra Congress governments in the late 19th century as millions starved to death while countless tons of grain was exported to England & Russia to earn foreign exchange and buy sub-standard arms from Russia.

Now the poor in the developing countries are suffering again from free-market orthodoxy in 21 century. The problem here is partly free trade and human greed, or more precisely, the dismantling of local and democratic control that goes by the names Washington Consensus in the developing world and by "free trade" in the developed world.

We all know money flows in the direction where Rich investor can maximize their profits. Since mid 2005 big investors have been putting their money into Commodities after pushing the Real Estate, Stock Market & Credit Markets towards Toilet Bowl in developed economies like America, Japan, Germany, UK.

The hedge fund activity in the commodities markets quadruppeled in last 3 years. The hedge fund magnates may not be aware they are gambling human lives and think the people will never notice it. The hedge fund managers are making $10 million dollar per day not to be left behind by oil companies who are making $10 million an hour. Then we have CEO of big corporations with inhuman pay packages $1-$350 millions, year end Bonuses $1-$90 million; making $1700.00 to $2,000.00 an hour. In contrast 2.8 billion people make less than $2 a day around the world. 500 CEO of 500 American companies in 2007 made $6.4 billion collectively which works out to be $12.8 million per CEO.

Bill Clinton is the mid wife for present credit market mess and spiraling commodity prices. This womanizer with out application of mind signed The Commodities Futures Modernization Act of 2000 and exempted non-farm commodities derivatives activity from scrutiny.

This legislation has led to an explosion in the energy derivatives market ultimately lead to the biggest corporate failure Enron. It has also lead to the worst financial crises in the history of the world where the Banking system is going to lose over $600 billions in 1 year because of Crafty Debt Derivatives which can not be priced. All these lost billions ultimately are being billed to the world citizens in higher taxes, higher cost of goods & services and reduced services by their respective governments. Bill’s wife Hillary Clinton with his gang of criminal donors like Mark Rich, Hsu, Sant Singh Chatwal, P S Sabharwal, Vinod Gupta, pharmaceutical, defense, Wall Street, Health Insurance, Banks Robber Barons etc. wants to be the President of America with more than $500 million already spend on her campaigaining!

Speculation by traders at banks and hedge funds all over the globe has driven up the price of oil to over $120/barrel, wheat over $25/bushel, corn $6/bushel and rice $25 per cwt. Rich investors see commodities like oil, wheat, corn, rice etc as an effective hedge against a falling dollar and rising inflation. They can be blamed for much of oil, wheat, rice and corn price rise this year to speculative buying. Rich are Gambling with paper barrels and paper commodities in OTC activity or at ICE, LME, NYMEX and Chicago Board of Trade. According to an analyst Floyd Norris wheat futures jumped 23% due to the activity of a single trader MF Global a white collar legal gambler looking for quick profits at the cost of human miseries and sufferings.

The commodities derivatives market had risen to over $7 trillion dollars by June, 2007, according to the Bank for International Settlements. It is certainly much, much higher now, as money has flooded in looking for better profits, in the wake of the credit derivatives crisis. That number alone, a fraction of the total market in derivatives, which is now between $500 and $600 trillion dollars, dwarfs the activity on the NYSE

Global wheat stocks have hit a 30-year low following seven of eight years in which world consumption exceeded production. Federal projections show America's supplies at their lowest levels since the late 1940s. Wheat historically trades at $3 to $7 a bushel crossed $25 in March. Four months ago, a Bakery was paying $7.50 for a 25-pound bag of flour and now the cost is $25 a bag.

Half of the increase in global corn consumption in 2007 was related to ethanol production, and the recent U.S. Energy Bill will ensure continued increases in demand from this source. Despite the fact that it takes 26 lbs. of corn to produce one gallon of ethanol. The record $6 a bushel corn price has already led to major spillovers on prices of other food commodities through higher feed costs, crop substitution, and demand substitution, and further spillovers are likely to be continued unabated.

Then worldwide meat consumption is forecast to increase by more than half from 1997 to 2020; most of the new demand will come from China and India. The implications for grain demand are staggering." The growth of the middle class in China and India is a problem partly because of the precipitous increase in demand for animal based protein. Unfortunately India & China are making more meat eaters than the Americans who are switching to vegetarian food.

Animal protein uses large amounts of grain. The excessive craze for Meat in the West is starving the rest of the world. It takes 700 calories of grain to get 100 calories of meat or a pound of Beef takes 7 pounds of grain and a ton of water. So we are effectively wasting 85% of our cropland, not to mention the energy use that goes with it and the one more scare commodity water being over used.

Above all the dollar has suffered with these "free market" trillions to bet on Commodity Prices, but not to own, to consume, maintain, or build to the extent we have allowed this immoral gambling to continue. Hedge funds are not capitalism but raw speculation, human greed and legalized robbery. A perfect recipe for the world food supply to crash, when we have known since 1994 that per capita grain production peaked over 20 years ago, around 1985 and still we paid no attention to the impending crisis. These crises are going to be human sufferings to such a horrible magnitude which we have not seen or heard for centuries.

First, free trade supported to the hilt by all US, European Political & Business Leadership and media to destroy local farming in developing countries, especially subsistence farming through cheap imports from the US, Australia, Canada and others. Then Western countries and generally rich peoples' buying power has diverted food reserves into meat and fuel production for the well-off and deprives the poor of very basic food supplies like wheat, corn and rice.

World crisis of food supply, global warming, and land degradation etc., the only real issue underlying all of these is limitless growth of the human population. A short term view of the situation that does not recognize overpopulation is both simplistic and myopic, and will do little if anything, to rectify the situation. Essentially all environmental problems are proportional to the number of humans consuming resources and belching out chemical pollution. Thirty years ago the world was intensely aware of the 'population bomb', yet today the human population has doubled and no one dares mention it especially the Leaders of India and China who have failed to address the rising population problem in their countries; who have the 75% of poor out of the 2.8 billion poor in the world.

It took 123 years for the world to add the first billion (1804-1927), for the last billion it took 12 years (1987-1999) and it will take projected 14 years to add another billion by 2013 to take the world population from 6 to 7 billion.The world is adding about 78 million more people every year, the population of France, Greece and Sweden combined, or equivalent to a city the size of San Francisco every three days. Almost all of this population growth is in countries like India, China, Nigeria, Muslim countries etc least able to afford it. For example Nigerian families spend 73% of their income on food because on an average Nigerians have 2 to 3 wives, each with 9 to 11 children.

Currently, the world is not able to support such a large population. Food and energy prices are simply a reflection of this fact. Most organizations that monitor world hunger approximate that one child on our planet dies every 3.6 seconds due to hunger. One can only imagine the grief felt by nameless mothers and families that lost their beloved children.

A 2007 Pew Research Center poll of 45,000 people in both affluent and developing countries found that most surveyed believed that a world free of hunger and poverty was more important to them than either free speech or religious freedom. America which is undergoing a recession, one wonders how many people go to bed hungry every night in this land of opportunity. American Political, Business & Religious Leaders are so rife with moral and ethical corruption that no one from either side of the aisle is willing to admit this.

Prospect of food shortages over the next 20 years is so frightening, it had to be tackled immediately on priority basis; before millions suffer and starve to death. America, Europe, Japan, Saudi Arabia and other rich countries must take lead in providing the much needed humanitarian aid to the starving humanity around the globe. Let us all work together in the name of whichever God you believe in to make this world free of hunger and poverty.

God Bless America & every human on this planet earth.
Dave Makkar