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Turkish Heritage Departing

To return at last from Turkey
with my memories safely stored
between thin clear plastic pages.

This is all I want from Turkey
where youth and beauty are bled
lifeblood devalues faster than wages.

This is all I take from Turkey
where youth and beauty were bet
and currency falls faster than wages.


To return at last from Turkey.
It is 1991 the Gulf War is done.
Oil oils profit wars under desert sun.


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Trash Bag

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[...] Read more

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Plastic Man

A man lives at the corner of the street,
And his neighbors think hes helpful and hes sweet,
cause he never swears and he always shakes you by the hand,
But no one knows he really is a plastic man.
Hes got plastic heart, plastic teeth and toes,
(yeah, hes plastic man)
Hes got plastic knees and a perfect plastic nose.
(yeah, hes plastic man)
Hes got plastic lips that hide his plastic teeth and gums,
And plastic legs that reach up to his plastic bum.
(plastic bum)
Plastic man got no brain,
Plastic man dont feel no pain,
Plastic people look the same,
Yeah, yeah, yeah.
Kick his shin or tread on his face,
Pull his nose all over the place,
He cant disfigure, or disgrace,
Plastic man (plastic man).
Hes got plastic flowers growing up the walls,
He eats plastic food with a plastic knife and fork,
He likes plastic cups and saucers cause they never break,
And he likes to lick his gravy off a plastic plate.
Plastic man got no brain,
Plastic man dont feel no pain,
Plastic people look the same,
Yeah, yeah, yeah.
Kick his shin or tread on his face,
Pull his nose all over the place,
He cant disfigure, or disgrace,
Plastic man (plastic man).
Hes got a plastic wife who wears a plastic mac,
(yeah, hes plastic man)
And his children wanna be plastic like their dad,
(yeah, hes plastic man)
Hes got a phony smile that makes you think he understands,
But no one ever gets the truth from plastic man (plastic man)
Plastic man (plastic man).

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Light Is Faster Than Sound

Sound ...
Light is faster than sound
My head to the ground
Mind going round
Faster than sound.
What goes up must come down
World goes around
Sun shines at ground
Faster than sound.
Yeah yeah, faster than sound, yeah
Faster than sound, whoa yeah
Faster than sound, ah ah
'cause life is faster than sound.
Faster than sound.
It's your face yes it is,
It's your face yes it is,
I see your face, yeah
I see your face, yeah
I see your face, yeah faster than sound, yeah
I see your face, yeah faster than sound, alright c'mon c'mon
Oh yeah faster than sound, yeah
Oh oh faster than sound, ah ha
I see your face faster than sound, yeah
I see your face faster than sound, yeah
Oh yeah faster than sound
Oh yeah faster than sound
Oh yeah faster than sound, hey
Faster than sound.
Light is faster than sound
My head to the ground
Mind going round
Faster than sound.
What goes up must come down
World goes around
Sun shines around
Faster than sound.
Whoa!
Faster than sound, yeah
Faster than sound
Alright, alright, alright
Faster than sound
Yeah,
Faster than sound
Faster than sound
Faster than sound, yeah yeah!
Faster than sound, yeah yeah!
Faster than sound!
It's so fast, yes it is
It's so fast, yes it is
Hey, hey

[...] Read more

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Fitration Bags

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[...] Read more

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Plastic Passion

Plastic passion is a hard to handle
Plastic passion is a sold out scandal
Oh it's a plastic passion
It's a plastic passion
Plastic passion is the ladies lover
Plastic passion is the marble mother
Oh it's a plastic passion
It's a plastic passion
Plastic passion is a diamond delight
Plastic passion is the nadir of night
Oh it's a plastic passion
It's a plastic passion
It's a plastic passion
Plastic passion is a hycoscine heart
Plastic passion is a transparent tart
Oh it's a plastic passion
It's a plastic passion
Plastic passion is a gold guarantee
The plastic passion is murdering me
Oh it's a plastic passion
It's a plastic passion
It's a plastic passion

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Resistor

You are being taken under our power to your destination
Go!
Everybody, is a part of the whole of the system
Faster, faster, to welcome disaster
Faster, faster, to welcome disaster
Everybody, is a part...
Faster, faster, to welcome disaster
Faster, faster, to welcome disaster
Faster, faster, to welcome disaster
Faster, faster, to welcome disaster
To welcome disaster (repeat - fade)
Everybody
Everybody is a part of the whole of the system
Faster, faster, to welcome disaster
Faster, faster, to welcome disaster
Everybody
Hey! Hey!
Everybody, is a part...
Hey! Hey!
Were all here on this planet
To spend a couple of hundred thousand hours
To find out
Where we came from
Where we go, and what our souls are all about
Go!
Faster, faster, to welcome disaster
Faster, faster, to welcome disaster
Faster, faster, to welcome disaster
Faster, faster, to welcome disaster
Everybody
Hey! Hey! Hey! Hey!
Everybody, is a part...
Hey! Hey! Hey!
Everybody
Everybody, is a part...
Faster, faster, to welcome disaster
Faster, faster, to welcome disaster
Everybody, is a part of the whole of the system
Faster, faster, to welcome disaster
Faster, faster, to welcome disaster

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Resistor

You are being taken under our power to your destination
Go!
Everybody, is a part of the whole of the system
Faster, faster, to welcome disaster
Faster, faster, to welcome disaster
Everybody, is a part...
Faster, faster, to welcome disaster
Faster, faster, to welcome disaster
Faster, faster, to welcome disaster
Faster, faster, to welcome disaster
To welcome disaster (repeat - fade)
Everybody
Everybody is a part of the whole of the system
Faster, faster, to welcome disaster
Faster, faster, to welcome disaster
Everybody
Hey! Hey!
Everybody, is a part...
Hey! Hey!
Were all here on this planet
To spend a couple of hundred thousand hours
To find out
Where we came from
Where we go, and what our souls are all about
Go!
Faster, faster, to welcome disaster
Faster, faster, to welcome disaster
Faster, faster, to welcome disaster
Faster, faster, to welcome disaster
Everybody
Hey! Hey! Hey! Hey!
Everybody, is a part...
Hey! Hey! Hey!
Everybody
Everybody, is a part...
Faster, faster, to welcome disaster
Faster, faster, to welcome disaster
Everybody, is a part of the whole of the system
Faster, faster, to welcome disaster
Faster, faster, to welcome disaster

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Byron

Canto the Fourth

I.

I stood in Venice, on the Bridge of Sighs;
A palace and a prison on each hand:
I saw from out the wave her structures rise
As from the stroke of the enchanter’s wand:
A thousand years their cloudy wings expand
Around me, and a dying glory smiles
O’er the far times when many a subject land
Looked to the wingèd Lion’s marble piles,
Where Venice sate in state, throned on her hundred isles!

II.

She looks a sea Cybele, fresh from ocean,
Rising with her tiara of proud towers
At airy distance, with majestic motion,
A ruler of the waters and their powers:
And such she was; her daughters had their dowers
From spoils of nations, and the exhaustless East
Poured in her lap all gems in sparkling showers.
In purple was she robed, and of her feast
Monarchs partook, and deemed their dignity increased.

III.

In Venice, Tasso’s echoes are no more,
And silent rows the songless gondolier;
Her palaces are crumbling to the shore,
And music meets not always now the ear:
Those days are gone - but beauty still is here.
States fall, arts fade - but Nature doth not die,
Nor yet forget how Venice once was dear,
The pleasant place of all festivity,
The revel of the earth, the masque of Italy!

IV.

But unto us she hath a spell beyond
Her name in story, and her long array
Of mighty shadows, whose dim forms despond
Above the dogeless city’s vanished sway;
Ours is a trophy which will not decay
With the Rialto; Shylock and the Moor,
And Pierre, cannot be swept or worn away -
The keystones of the arch! though all were o’er,
For us repeopled were the solitary shore.

V.

[...] Read more

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Little Honda

Go!
Im gonna wake you up early
Cause Im gonna take a ride with you
Were going down to the honda shop
Ill tell you what were gonna do
Put on a ragged sweatshirt
Ill take you anywhere you want me to
First gear (honda honda) its alright (faster faster)
Second gear (little honda honda) I lean right (faster faster)
Third gear (honda honda) hang on tight (faster faster)
Faster its alright
Its not a big motorcycle
Just a groovy little motorbike
Its more fun that a barrel of monkeys
That two wheel bike
Well ride on out of the town
To any place I know you like
First gear (honda honda) its alright (faster faster)
Second gear (little honda honda) I lean right (faster faster)
Third gear (honda honda) hang on tight (faster faster)
Faster its alright
It climbs the hills like a matchless
Cause my hondas built really light
When I go into the turns
Lean [tilt] with me and hang on tight
I better turn on the lights
So we can ride my honda tonight
First gear (honda honda) its alright (faster faster)
Second gear (little honda honda) I lean right (faster faster)
Third gear (honda honda) hang on tight (faster faster)
Faster its alright
First gear (honda honda) its alright (faster faster)
Second gear (little honda honda) I lean right (faster faster)
Third gear (honda honda) hang on tight (faster faster)
Faster its alright

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Gulf Turkish Holiday Heritage

To return at last from Turkey
with my memories safely stored
between thin clear plastic pages.”

This is all I save from Turkey
where youth beauty are service bled
lifeblood devalues faster than wages.

Its January 1991 Saddam Hussein
is finally getting his ass kicked; during
the war I remained in Istanbul but

a holiday toward the scud threatened
border was too cheap to refuse; strange
watching fearful flee direction opposite

alive adrenaline rush alive dead chickens
would give warning gas was about to;
claim take our civilian collateral damage

lives; but as written record reads scuds
were never fired into National Turkish Airspace? ;
and Andrew died of virus lung infection

a few years later caught pumping gas
at a London petrol station during cold winter;
weather we had but in brief in Istanbul.


Copyright © Terence George Craddock
Quotation from the poem ‘Turkish Heritage’.

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Healthy Back Bag

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The Dream

'TWAS summer eve; the changeful beams still play'd
On the fir-bark and through the beechen shade;
Still with soft crimson glow'd each floating cloud;
Still the stream glitter'd where the willow bow'd;
Still the pale moon sate silent and alone,
Nor yet the stars had rallied round her throne;
Those diamond courtiers, who, while yet the West
Wears the red shield above his dying breast,
Dare not assume the loss they all desire,
Nor pay their homage to the fainter fire,
But wait in trembling till the Sun's fair light
Fading, shall leave them free to welcome Night!

So when some Chief, whose name through realms afar
Was still the watchword of succesful war,
Met by the fatal hour which waits for all,
Is, on the field he rallied, forced to fall,
The conquerors pause to watch his parting breath,
Awed by the terrors of that mighty death;
Nor dare the meed of victory to claim,
Nor lift the standard to a meaner name,
Till every spark of soul hath ebb'd away,
And leaves what was a hero, common clay.

Oh! Twilight! Spirit that dost render birth
To dim enchantments; melting Heaven with Earth,
Leaving on craggy hills and rumning streams
A softness like the atmosphere of dreams;
Thy hour to all is welcome! Faint and sweet
Thy light falls round the peasant's homeward feet,
Who, slow returning from his task of toil,
Sees the low sunset gild the cultured soil,
And, tho' such radliance round him brightly glows,
Marks the small spark his cottage window throws.
Still as his heart forestals his weary pace,
Fondly he dreams of each familiar face,
Recalls the treasures of his narrow life,
His rosy children, and his sunburnt wife,

To whom his coming is the chief event
Of simple days in cheerful labour spent.
The rich man's chariot hath gone whirling past,
And those poor cottagers have only cast
One careless glance on all that show of pride,
Then to their tasks turn'd quietly aside;
But him they wait for, him they welcome home,
Fond sentinels look forth to see him come;
The fagot sent for when the fire grew dim,
The frugal meal prepared, are all for him;
For him the watching of that sturdy boy,

[...] Read more

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The House Of Dust: Complete

I.

The sun goes down in a cold pale flare of light.
The trees grow dark: the shadows lean to the east:
And lights wink out through the windows, one by one.
A clamor of frosty sirens mourns at the night.
Pale slate-grey clouds whirl up from the sunken sun.

And the wandering one, the inquisitive dreamer of dreams,
The eternal asker of answers, stands in the street,
And lifts his palms for the first cold ghost of rain.
The purple lights leap down the hill before him.
The gorgeous night has begun again.

'I will ask them all, I will ask them all their dreams,
I will hold my light above them and seek their faces.
I will hear them whisper, invisible in their veins . . .'
The eternal asker of answers becomes as the darkness,
Or as a wind blown over a myriad forest,
Or as the numberless voices of long-drawn rains.

We hear him and take him among us, like a wind of music,
Like the ghost of a music we have somewhere heard;
We crowd through the streets in a dazzle of pallid lamplight,
We pour in a sinister wave, ascend a stair,
With laughter and cry, and word upon murmured word;
We flow, we descend, we turn . . . and the eternal dreamer
Moves among us like light, like evening air . . .

Good-night! Good-night! Good-night! We go our ways,
The rain runs over the pavement before our feet,
The cold rain falls, the rain sings.
We walk, we run, we ride. We turn our faces
To what the eternal evening brings.

Our hands are hot and raw with the stones we have laid,
We have built a tower of stone high into the sky,
We have built a city of towers.

Our hands are light, they are singing with emptiness.
Our souls are light; they have shaken a burden of hours . . .
What did we build it for? Was it all a dream? . . .
Ghostly above us in lamplight the towers gleam . . .
And after a while they will fall to dust and rain;
Or else we will tear them down with impatient hands;
And hew rock out of the earth, and build them again.


II.

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Faster Than The Speed Of The Night

(Jim Steinman)
I don't want to let another minute got by
They're slipping tho ough out finger, but we're ready to fly
The night'll be our cover and we'll huddle below
We got the music in our bodies and the radio
And when the mourning arrives it'll all be gone
Disappearing in (to) the crack of dawn
We better make our move now before the sun is awake
It's time to put up or shut up and to pick up the pace
And I don't want to let another minute go by
Love is going to get us while the moon is in the sky
We may be running out of night, but never running out of steam
We're acting on a hunch, and we'll be acting out a dream
There really isn't any time to lose
They're going to catch us if we wait until it gets too light
You're such a pretty boy
Let me show you what to do, and you'll do it
But you gotta move faster
Faster than the speed of night
Faster than the speed of night
Faster than the speed of night
Faster than the speed of night
It's all we ever wanted
And it's all we'll ever need
And it's slipping through our fingers
Faster than the speed of night
Faster than the speed of night
Faster than the speed of night
It's all we ever wanted
And it's all we'll ever need
And it's slipping through our fingers
Faster than the speed of night
Faster than the speed of night
Faster than the speed of night
Faster than the speed of night
Faster than the speed of night
Let me show you how to drive me crazy
Let me show you how to make me feel so good
Let me show you how to take me to the edgeof the stars and then back again
You've gotta show me how to drive you crazy
You've gotta show me all the things you want to happen to you
We've gotta tell each other everything we always wanted someone to do
I don't want to push you now and I don't want to rush
We're getting closer every second now, but close is not enough
The night'll be our cover and we'll huddle below
We got the musicin our fingers and the radio
There really isn't any time to lose
We're going to lose it if we wait until it gets too light
You're such a pretty boy
Let me show you what to do, and you'll do it

[...] Read more

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Quatrains Of Life

What has my youth been that I love it thus,
Sad youth, to all but one grown tedious,
Stale as the news which last week wearied us,
Or a tired actor's tale told to an empty house?

What did it bring me that I loved it, even
With joy before it and that dream of Heaven,
Boyhood's first rapture of requited bliss,
What did it give? What ever has it given?

'Let me recount the value of my days,
Call up each witness, mete out blame and praise,
Set life itself before me as it was,
And--for I love it--list to what it says.

Oh, I will judge it fairly. Each old pleasure
Shared with dead lips shall stand a separate treasure.
Each untold grief, which now seems lesser pain,
Shall here be weighed and argued of at leisure.

I will not mark mere follies. These would make
The count too large and in the telling take
More tears than I can spare from seemlier themes
To cure its laughter when my heart should ache.

Only the griefs which are essential things,
The bitter fruit which all experience brings;
Nor only of crossed pleasures, but the creed
Men learn who deal with nations and with kings.

All shall be counted fairly, griefs and joys,
Solely distinguishing 'twixt mirth and noise,
The thing which was and that which falsely seemed,
Pleasure and vanity, man's bliss and boy's.

So I shall learn the reason of my trust
In this poor life, these particles of dust
Made sentient for a little while with tears,
Till the great ``may--be'' ends for me in ``must.''

My childhood? Ah, my childhood! What of it
Stripped of all fancy, bare of all conceit?
Where is the infancy the poets sang?
Which was the true and which the counterfeit?

I see it now, alas, with eyes unsealed,
That age of innocence too well revealed.
The flowers I gathered--for I gathered flowers--
Were not more vain than I in that far field.

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If It All Falls Down

By: matt betton
1986
I never wanted to be
A man of mystery
My lifes an open book
By james joyce and agatha christie
Sometimes I get confused
Somewhere around page two
I live the perfect crime
And crime pays more than it used to
Theyre checkin the evidence
May be some charges pressed
The only one they got me on
Is some misdemeanor craziness
Chorus:
If it all falls down falls down falls down
If they solve my life they find me out
Never thought to keep all I have found
I have had my fun if it all falls down
If it all falls down falls down falls down
I have had my fun I have bought a few rounds
And been out on the town way out on the town
Way way way out if it all falls down
Never wanted to be
A part of history
I have my days in the sun
A beach bum a man for all seasides
Guidance counselor said
Your scores are anti-heroic
Computer recommends
Hard-drinking calypso poet
Studied life at sea
Studied life in bars
Never passed my s.a.t.s
So I thought Id study extra hard
Chorus:
If it all falls down falls down falls down
I have learned my trade from the inside out
I can strum real hard I can play real loud
I can charm a crowd if it all falls down
If it all falls down falls down falls down
I can warm a crowd I can make them shout
I can juggle verbs adverbs and nouns
I can make them dance til they all fall down
We had plenty of doctors
We had plenty of lawyers
We had people to make us things
We had people to sell us those things
Didnt have enough room for those things
We build lots of self storage

[...] Read more

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Reminders

Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As word
s confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.Two different views, As words confuse and break. I can't get out, There's no way out of here,I can't get clear.

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Faster Than The Speed Of Night

(jim steinman)
Producer for bonnie: jim steinman
I dont want to let another minute get by
Theyre slipping through our fingers, but were ready to fly
The nightll be our cover and well huddle below
We got the music in our bodies and the radio
And when the morning arrives itll all be gone
Disappearing in (to) the crack of dawn
We better make our move now before the sun is awake
Its time to put up or shut up and to pick up the pace
And I dont want to let another minute get by
Love is going to get us while the moon is in the sky
We may be running out of night, but never running out of steam
Were acting on a hunch, and well be acting out a dream
There really isnt any time to lose
Theyre going to catch us if we wait until it gets too light
Youre such a pretty boy
Let me show you what to do, and youll do it
But you gotta move faster
Faster than the speed of night
Faster than the speed of night
Faster than the speed of night
Its all we ever wanted
And all well ever need
And its slipping through our fingers
Faster than the speed of night
Faster than the speed of night
Faster than the speed of night
Its all we ever wanted
And all well ever need
And its slipping through our fingers
Faster than the speed of night
Faster than the speed of night
Faster than the speed of night
Faster than the speed of night
Faster than the speed of night
Let me show you how to drive me crazy
Let me show you how to make me feel so good
Let me show you how to take me to the edge of the stars and then back again
Youve gotta show me how to drive you crazy
Youve gotta show me all the things you want to happen to you
Weve gotta tell each other everything we always wanted someone to do
I dont want to push you now and I dont want to rush
Were getting closer every second now, but close is not enough
The nightll be our cover and well huddle below
We got the music in our fingers and the radio
There really isnt any time to lose
Were going to lose it if we wait until it gets too light
Youre such a pretty boy
Let me show you what to do, and youll do it

[...] Read more

song performed by Bonnie TylerReport problemRelated quotes
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Surgical Separation

Return
at abrogated last
left
twilight trophy Turkey
meagre memories
safely stored
between thin
protective plastic pages.

All permissible
total retrievable
removable
taken
from repudiated
heart zone
rendezvous
timed out Turkey.

Where
yearning youth
aspirations
are beauty
bled
broken
bound
abandoned.

Disseminate
upon Globe
shake shellshot shoulders
soul severed
suffer amputated liaision.
Filigree fragile finesse strands
snap shut between thin
clear plastic pages.

Safe sanitated
separation
sustains stains
seminal seminary.
Lifeblood bled bleaches
tantalized terminated
fetish felon disembodied
mink minx mistress mitigated.


Copyright © Terence George Craddock
Written in October 1995 on the 25&28.10.1995.

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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 isthe 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 currencyto 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) .

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