5/05/2018

Western Concocted Toxic Democracy for Non-Western Countries

The Evil Empire and its Western European allies adopt two facets for 'Democracy'. Liberal democracy is for US and its Western European allies. The other the western concocted toxic democracy is for non-western or non-Caucasian countries and will be dictated and imposed by force by the Evil Empire on non-western countries which do not toe the Evil Empire's line. Under the toxic democracy the targeted non-western countries must listen and obey the Evil Empire's words and orders . They must do what US / West tell them to do. They cannot do things on their own and if the West say cannot do then they must not do.

USA and its European allies always make use of 'Democracy' as a front or tool to demonise other countries like Russia, China and Iran which have gained substantial political and economic influence worldwide . Earlier they had demonised Afghanistan, Iraq and Libya  before subjecting them to attack and destroyed and their leaders hounded to death and the countries taken over by the Evil Empire and its allies. The new targeted countries for regime are now Iran, Syria, DPRK, Venezuella and Malaysia and may be President Duterte's Phillippines.

The Evil Empire and its Western allies make it a norm to make use of 'Democracy' as a front to create choas, trouble, dissension and to destabilise countries and regions and to carry out regime change of non-western governments they do not like.US  and the West always try to deceive the world by disseminating its fake toxic democracy through its control mass media and news agents throughout the world by claiming that the people of the targeted countries are in favour of western democracy.

Then through their fifth columns, lackeys and self-interest traitorous opposition leaders in the targeted regime it encouraged them to join the Evil Empire to noisily and vociforously condemn the regime for for denying the people's right to democracy - the toxic version though. The Evil Empire and its allies will then covertly provide material , financial and political aid to the regime's opposition underground fighters . Then the Evil Empire will use its controlled mass media to drum up tensions and keep the heat boiling until it reaches its climax and hits its full effect.

If things go on as planned by the Evil Empire, a new pro US dictator will take over the government and thus the regime change is accomplished. ( This happened in Indonesia in 1965 when CIA infiltrated President Sukarno's military and plotted a coup which overthrew his government and with a new pro USA dictator  and puppet General Suharto grabbing total power after killing more than a million Indonesians both natives and Chinese  after falsely accusing them of either being communists  or leftist socialists. )  However, if it is unsuccessful CIA will instigate and incite open rebellion in a colour revolution. If it is successful the Evil Empire will make the new pro-American dictator cum puppet a junior member of its empire.

Another Evil Empire's tactic is to use  its massive propaganda against targeted regimes by claiming that since democracy is the best form of government people everywhere will naturally opt for it . Countries which do not subscribe to corrupted western democracy are considered uncivilised and inferior. This is a wild and arrogant claim as if only the Evil Empire and the West have a sole monopoly on democracy. Yet democracy has been taught by Confucius and Mencius in the deliberations of ancient Chinese political philosophy. As an example a bad and incompetent government will forfeit 'The Mandate of Heaven' and the people will have the right to revolt and remove this government.

In America the Democrats and the Republicans do not practise true democracy. They practise a form of duopolitical dictatorship and both work under the mandate of the deep state dictatorship of the shadow government of the Anglo-Saxon Jewish Zionist Rothschild Illuminati Cartel. Controlling members of the Illuminati cartel include personnels from Wall Street, big business conglomerates, bangsters like Citi Bank, Jp Morgan, Bank of America , the Federal Reserve Bank, CIA, FBI and the Pentagon. The democrats and the Republicans are actually two sides of the same coin. They are both unboundedly wicked and evil and they act and practise the same hawkish militant foreign policy of using democracy and their aggressive divine militant doctrines as a tool and medium to justify their foreign aggressions.

In the western form of liberal democracy only a small cohort of sellfish and self- interest politicians rule and serve the interest of only the one percent elites at the expense of the large majority of the population. Its fake democracy just use election as a form of mechanism to alternate power control between the established political parties just like the Democrats and the Republicans in America.

But for the Chinese people the essence of democracy must be seen and practise with the people in charge. The government and its leaders must truly and sincerely serve the interest of the vast majority of the population. It must protect the people's safety and livelihood. When the government fails to carry out its duties and responsibilities it will forfeit 'The Mandate of Heaven' and that is the people have the right to revolt and remove the bad and incompetent government. But in the fake western liberal democracy evil governing party leaders will manipulate laws and rules to entrench themselves and their party in power, all at the expense of the welfare of the people and the country. Some ex-colonial countries in South East Asia have copied this western democracy to the detriment and suffering of the people.

Non-western countries should question the dubious value of western liberal democracy. The western liberal democracy is actually a  sham, a ponzi scheme to exert dictatorial control over others . Their democracy is the greatest western con political design and ponzi scheme to be imposed on non-western countries. They try to use their toxic democracy to cheat and swindle and fool the people of non-western countries. They use toxic democracy to brainwash intelligent people into jombies who are deprived of their thinking power and who will have to numbly follow the dictates and orders of the West in its totality. Western toxic democracy has a built-in dimension to exercise and practise hegemony, neo-colonialism and dictatorship over non-western countries.

So non-western countries in Asia, Africa and South and Central America need to bear in mind the above points when the evil insidious Evil Empire and its Western European allies try to propagate or sell their toxic democracy as the best system of governance any government can have.

Southernglory1

Saturday, 5th May, 2018


The 'good' people have the right to kill the 'bad' people


KUALA LUMPUR: A Palestinian lecturer at a private university was shot dead as he was walking to a surau (prayer house) near a condominium in Jalan Meranti, Setapak on Saturday (Apr 21), according to Malaysian police.
Kuala Lumpur police chief Mazlan Lazim said that 35-year-old Dr Fadi Al Batsh was shot by one of two men on a high-powered motorcycle at a pedestrian walkway at about 6am on Saturday.
“The suspect fired 10 shots, four of which hit the lecturer in the head and body. He died on the spot. The police also found two empty bullet shells there,” he said....

 Home Minister Ahmad Zahid Hamidi, said Dr Fadi was "an electrical engineer and an expert at making rockets".
The Palestinian was "believed to have become a liability for a country hostile to Palestine", said Ahmad Zahid, who is in charge of Malaysia's security....
Malaysian police would request the help of Interpol to track down the suspects, believed to be European nationals....

Hamas did not accuse Israel of killing him but called Dr Fadi a "martyr" - a word it usually uses for people killed by Israeli forces....
Hamas has accused Mossad of assassinating one of its drone experts - Mohamed Zouari - in Tunisia in 2016, and the spy agency is also believed to have been behind the 2010 murder of top Hamas militant Mahmud al-Mabhuh in a Dubai hotel.

Read more at https://www.channelnewsasia.com/news/asia/palestinian-lecturer-shot-dead-in-malaysia-10161438

The above extracts from an article in CNA said it all. The 'good' people have all the right to kill the 'bad' people and the 'bad' just have to accept this as the natural order of things. And at most they could complain but they cannot do anything about it. They are hapless, they have no legs and hands, so cannot go killing the 'good' people to stop them from killing the 'bad' people. Or is it another case of stupidity has no cure, and just resign to their fate, that they deserved to be killed? They cannot think that they can do the same thing to the 'good' people. They cannot learn how to do the things the 'good' people did to them,
The invasion of Iraq, Libya and Syria are all examples of how 'good' people go around killing 'bad' people, and not only the bad people accepted this, the people of the world, the UN, also accepted this as a natural thing, a natural order of thing. 'Good' people has the right to kill 'bad' people. And they are blessed with the intelligence and resources to do it to the 'bad' people with the blessing of God of course.
Now you 'bad' people out there, what are you going to do about it? I bet you, nothing. You are damned for your own stupidity.  And after the killing the 'good' people will party. This thing has been going on for decades, even centuries.

The 'bad' people somehow never learn, cannot learn, and allow history to repeat over and over again with them as the victims. If only they could do what the 'good' people are doing to them, they would be saved or at least let the 'good' people have a taste of their own medicine, to feel the pain and the loss of someone dear to them.

After Iraq and Libya, the 'good' people wanted to kill do the same in Syria to the 'bad' people. The Syrians were lucky that the Russians came in to prevent the massacre. Now the 'good' people knew that they could not do any more harm to the Syrians, they have started another plot to demonise Iran with all kinds of fake allegations, to start another war and another round of killing the 'bad' people in Iran.

War is starting soon in Iran, led by the Jews and backed up by the evil Empire.

5/04/2018

France and Australia – Two white devils colluding to maintain western hegemony in the Pacific Ocean

‘No country can be allowed to dominate the Indo Pacific, the leaders of France and Australia said yesterday…China’s push into the Pacific…could upset the strategic balance in the region.’ AFP
 

What is Macron and Turnbull talking about? Turnbull said France, an European country, is a Pacific power. Why, because France is still holding on to several Pacific islands as their colonies, just like the Americans. The Australians also have special influence over several Pacific islands and cannot accept China investing in these islands and gaining influence in the region.
 

What is this strategic balance in the region that will be upset? It is the dominance of European powers over the Pacific islanders. They want to control these islands and maintain their influence over them.
 

These Europeans coming from far away Europe still want to rule over the Pacific Ocean and are branding China as the hegemon when they themselves have been the hegemon of the region and the whole world.
 

Little powers like Australia and France still think that they are great powers and with 3,500 men could win a war in China. They are dreaming. The only European power that realized that the game has changed is Britain. They were urged by the Americans to sail the new HMS Prince of Wales into the South China Sea as a show of force. The British knew that this act could see the sinking of the Prince of Wales one more time, this time by China, not by the Japanese. They scooted off.
 

The French, after their humiliating defeat at Dien Bien Phu by the Vietnamese with the support of the PLA, still did not learn any lesson and still think they can be the gangsters to rule over the Asians in Asia.
 

China should start by stopping buying raw material from Australia. China does not need Australia. Australia without China would go into recession. They are suffering now when China has stopped all official visits from Australia. The Australia trade fair in China is also cancelled as all permits applied by Australian ministers were not approved. Even in the Boao Forum Australia was disinvited.
 

China is waiting to launch many more anti Australian move if this little country misbehaved. And it is misbehaving very badly. Watch what China would do next to the descendants of British convicts.

Malaysia GE - Between the devil and the deep blue sea

Anyone uttering the word frivolous about the Malaysia GE? Yes, it is frivolous, it is about infidelity, it is about sleeping around, anyone will do, even with those that killed your loved ones or punched the day light out of you and put you behind bars. You cannot believe that this is true. This is thousands of times more than the Deng Xiaoping's black cat, white cat, as long as it catches the mouse, it is a good cat moral. Malaysia has outdone Deng Xiaoping in every way. Malaysia boleh.

The devil has his hands dripping with blood. But no one is looking at it, or at least no one thinks it wise to talk about it. And the devil is strutting around hugging the survivors and descendants of those that his bullets and butcher knife missed. Did anyone remember what happened a few years ago? Did anyone recognise the devil without his horns? They might but are not saying. They even put on a brave smile and hugged the devil as he came by.

The deep blue sea has hands dangling with money. There is money everywhere, his pockets are fulled of money and he could simply swing his arms around and everyone would be jumping for joy picking up the cash. The deep blue sea is all about making everyone rich and giving everyone a better life. He is pro economic growth, investment, to provide more and better jobs to those who want a better and richer life. He does not hide his agenda. He believes or at least gives the impression that black cat or white cat, catches mouse means good cat.

The Malaysians would have to choose between the devil and the deep blue sea. The Malay votes would be heavily polarised and divided. The super extremists or super ultras would be with the devil. Hope no blood will spill but you can't be sure as the devil is always the devil eternally. You can bet that tension will rise when the devil speaks. His evil schemes and agenda will be the same. The other half of the Malay votes would be with the deep blue sea. The ultras and extremist will still be with him. They can see money and prosperity and would be appeased. Other than these two factors, the devil and the deep blue sea are sama sama. You can't tell the difference between them. They would have the Malay votes equally split between them.

The game changer will be the Chinese votes. Do not be surprised that MCA will be the big winner in this GE. The Chinese voters would have to choose and it is highly likely that they would choose the deep blue sea than the devil. They know the devil all these years and know that the devil is still the devil and would unleash his devilish blow when needed to achieve his evil objective. The Chinese voters have  a lot to fear the devil.

On the contrary they see the deep blue sea more practical, pragmatic and development and growth minded. Money talks and if everyone is rich, there would be less tension and less likelihood of bloodshed. The deep blue sea would create a bigger economic pie for everyone and there will be more money to go around to make everyone happy or less unhappy.

What can the devil offer? The devil does not have any card to play except the racist card and more of the same during his reign of terror. And when he shouted all in, be afraid, be very afraid. The devil is merciless and very vengeful. The devil will not take no for an answer. Would the other half of the deep blue sea do the necessary to make the devil disappear before he could do more harm to the country and the people he hated most and exploited most to achieve his personal agenda for so many decades?

My bet, the Chinese votes would be the deciding factor and the deep blue sea looks much better to stay on in Putrajaya. And for good measures, he may lock up the devil for good.

5/03/2018

Market Failure Due to Asymmetric Information - Adverse Selection and Moral Hazard



In the book based on an inquiry into the nature and causes of the 2008 Global Financial Crisis entitled "FREEFALL - Free Markets and the Sinking of the Global Economy", Economics Nobel Prize Laureate (2001) and Columbia University Professor Joseph E. Stiglitz wrote:

Quote

"Finding root causes is like peeling back an onion. Each explanation gives rise to further questions at a deeper level: perverse incentives may have encouraged shortsighted and risky behavior among bankers, but why did they have such perverse incentives? There is a ready answer: problems in corporate governance, the manner in which incentives and pay get determined. But why didn't the market exercise discipline on bad corporate governance and bad incentive structures? Natural selection is supposed to entail survival of the fittest; those firms with the governance and incentive structures best designed for long-run performance should have thrived. That theory is another casualty of this crisis."

Unquote

Market failure is a common term in microeconomics to reflect the need for some form of regulations and accountability of agents (consumers and producers) in the unfettered free market when externalities, imperfect information, socially undesirable market dominance etc arise. In the area of perverse incentives in the market place, two forms of asymmetric information can be associated with such possible market failure. One, adverse selection; and two, moral hazard. To simplify the understanding of such market failure, let's take two simple examples.

For moral hazard, a similar example in day to day economic activities is that of motor insurance. Why is moral hazard considered a form of market failure and thus socially undesirable? This is because no insurance company can be certain, at the point of underwriting the motor insurance of any driver, of the future behaviour of the driver. Motor insurance companies would be OUT of Business if there is no way of ensuring the responsible FUTURE behaviour of drivers insured under them. Thus, there is this concept of CO-PAYMENT known as "EXCESS" or "DEDUCTIBLES" mechanism built into a motor insurance agreement. For example, if the excess of a motor insurance is $3,500, then any accident repair amount below that sum is fully borne by the driver/ owner of a vehicle. By having the co-payment mechanism built-in, motor insurance become feasible in the market place and minimise the moral hazard of reckless FUTURE behaviour.

In the banking sector where executives take undue risks for short term gain (such as those causing the 2008 GFC), inherently similar moral hazard exists but DOES NOT seem to be mitigated by any "co-payment' mechanism in the {perverse} incentive packages they receive.

In 1970, another Economics Nobel Prize Laureate (2001) Professor George Akerlof (husband of former FED chair Professor Janet Yellen) of University of Berkeley, California published a paper entitled "The market for 'lemons': quality uncertainty and the market mechanism" which led to the growth and research in the field of asymmetric information. This publication subsequently led to the enactment of the "Lemon Law" in many countries including the United States, Canada, Australia, and in recent years Singapore {Consumer Protection (Fair Trading) Act} where it addresses the market failure arising from adverse selection in the used car market and other consumer goods.

Now, market failure due to asymmetric information arising from moral hazard and adverse selection in different sectors of an economy is CERTAINLY NOT NEW as it can be traced as far back as 1970 which is almost half a century ago.

ALAS, in the field of banking, unfortunately and mostly, moral hazard in the area of excessive risk taking is left to the free market mechanism (as what happened during the 2008 GFC). There does not seem to have any material "co-payment mechanism" to keep the market failure of moral hazard in check. What were the consequences?

Professor Joseph Stiglitz wrote in his book "FREEFALL":

Quote

"In the great recession that began in 2008, millions of people in America and all over the world lost their homes and jobs. Many more suffered the anxiety and fear of doing so, and almost anyone who put away money for retirement or a child's education saw those investments dwindle to a fraction of their value. A crisis that began in America soon turned global, as tens of millions lost their jobs worldwide -- 20 million in China alone -- and ten of millions fell into poverty.'

Unquote

What is the lesson learned?

Quoting from Professor Stiglitz again: "We have to be wary of too facile explanations: too many begin with the excessive greed of the bankers. That may be true, but it doesn't provide much of a basis for reform. Bankers acted greedily because they had incentives and opportunities to do so, and that is what has to be changed."

In short, could perverse incentives be the ROOT CAUSE?

Professor Stiglitz made the following observations in the same book: "In peeling back the onion, we need to ask, Why did the financial sector fail so badly, not only in performing its critical social functions, but even in serving shareholders and bondholders well? Only executives in financial institutions seem to have walked away with their pockets lined -- less lined than if there had been no crash, but still better off than say, the poor Citibank shareholders who saw their investments virtually disappear."

Could it be the skewed structure of "perverse incentives"? Despite technology disruption and what not, this so called supposedly modern economic system and technological advancement in this age of AI (artificial intelligence) seems to be at a loss (and clueless) in the field of building in a mechanism of accountability and "co-payment" when potentially rogue high pay executives run amok and threatened to bring down the entire system, just as what happened in the 2008 GFC (Global Financial Crisis).

Leo 81