Publications
Partners
Fin24 user Ike Jakson writes:
My career took me into pension funds research and for a long
time I was part of a team producing the results of our research in the form of
pie and/or bar charts under the name of the Eikajnos Chart.
It was a very successful and rewarding part of my life
between the ages of 32 and 50.
In the meantime, I had started my own private research on
what I call the Jacksonian Philosophy [Format] of History.
I picked that name when the Eikajnos Chart System was later
purchased outright and with full copyright by a huge well-known conglomerate in
general marketing research; they had offered me a job that I declined and went
to work for myself.
They since renamed the Eikajnos Chart and I continued on my
own, but I enjoyed the confidence and friendship of the managing director for
many years after that while they progressed into one of the largest marketing
research companies in the world.
My private research is in history, dealing with the colonial
years, and when I reached the stage where I had to start compiling my results
in a format that can be published I decided to break the timeframes up into
periods of 50 years [or five decades in a period if you want to call it
that.]
The academic historian will tell you that history should not
be broken up in a linear fashion, but I am aware of the pitfalls of that and
continued because my basic system, the experience with the Eikajnos Chart
period of my life and my own experience with the way I like to compile
statistics made me continue the method that I knew.
There will not be a linear view when I publish, but I find
it easier when I write for research and when I record the findings to stick to
the method I know best.
Finally, for reasons that will soon become clear to you from
this article and a number of others that will follow, I decided to use the
timeframes in 50 years starting 10 years into a new calendar century and ending
10 years into the new one.
This article will thus deal with the period from 1960 to
2010, which gives you half of the reason for the headline, and what I see as
the current five decades in which we find ourselves today, commenced in 2010 to
end in 2060.
Let that suffice for the explanations.
The 50 years just ended in 2010 is often referred to as the
Technology Years; some prefer to call it the Great Immigration/Emigration
Period but that has become a political matter and I don't participate in
political discussions as a general rule.
Only in this particular instance will I consent to it being
called the Great Technology and Immigration years, because there is a great
correlation between the two during this period though not at all or very little
of it in previous 50-year periods.
The period for this article took off with the election of
Kennedy in 1960 and ended with the start of the end of British colonial rule in
Africa, when South Africa gained full governance powers in 1910.
In the meantime, the modern computer arrived about 1990
where after the internet arrived with a bang; technology in telephones and
television and in aircraft design went into Mach one mode and suddenly in 2010
the world was a very small place.
I almost forgot the banks because I did want to keep them to
the end; they exploded into Mach One speed with the internet and what we have
in the world of 2010 is a system where technology, politics and the banks run
our daily lives. We have all become ants.
Why then the ugly, inconvenient truth? You may ask why, and this will be my final
contribution to Standard Chartered and also of Barclays in England and the
search of where our money has gone to.
Boys and girls, we still imprison young hoodlum marijuana
joint smokers, and poor people who steal to buy bread for hungry children.
Those are not the people robbing the banks except the odd 3
000 or 5 000 here and there. The big money; the 100 and 500 million million
thefts are not performed by junior clerks working in the ledger department at
the bank.
These thefts are performed by the CEOs and chairmen of
banks, and they do it in amounts of 5 or 10 billion at a time; they have the
ears of the politicians [the presidents, senators and parliamentarians] and
they all work together.
A junior clerk at a bank cannot steal more than 1 000 or 5
000 at the bank, except that one fellow that brought Barings Bank down with
him. It is usually the CEO who has his
own programmer to get the tainted stuff out onto the net, where it disappears
into coded entries on a computer chip.
The poor sod that gets caught puffing on a dagga joint in
our little town gets three months in jail every year, etc etc. In the meantime,
the big, well-dressed crooks flying around in luxury jets at company's expense
are free to go as and where they please.
That is what Barclays London and Standard Chartered was all
about. You and I are little irrelevant taxpayers not worth more than ants, but
we must foot the bill until the day comes when we can catch the first big
scoundrel to lock him up, throw away the key and confiscate what he stole.
The Barclays CEO had the character of way back when England
was still a great country and resigned when the scandal broke, but the others
are all still there.
Fellows, the next big war won't be about race or skin colour
or religion as some think, nor will it be a war with nukes.
It will be a class war between the too rich [my guess is
about 2% of the population worldwide] and the too poor ones [the other 98%],
and it will be a revolution as has never hit this old world ever before.
Now it's over and out for me on this one.
- Fin24
* Get published! Send your money woes and joys to Editor@Fin24.
Disclaimer: All articles and letters published on MyFin24 have been
independently written by members of the Fin24 community. The views of users
published on Fin24 are therefore their own and do not necessarily represent the
views of Fin24.
Fin24 reserves the right to obtain service providers' comments before publishing any articles or letters. Fin24 editors also reserve the right to edit or delete any and all user comments received.
* Follow Fin24 on Facebook, Twitter and Google+.
