Monday, May 27, 2013

BUCKMINSTER FULLER: Capitalism's Invisible Army [CIA] ~ Legally Pigally, and the descriptions of FINCAP and LAWCAP from Buckminster Fuller's Critical Path

... As a consequence the total picture presented here is approximately unknown to any but the Wall Street lawyers' grand strategists, most of whom are no longer alive .... ... In his 1970 book I Seem To Be a Verb, he wrote: "I live on Earth at present, and I don't know what I am. I know that I am not a category. I am not a thing—a noun. I seem to be a verb, an evolutionary process—an integral function of the universe."         
          Today's (1980) world-power-structures struggle is one between the U.S.S.R. and big capitalism, which we now call lawyer capitalism [LAWCAP], which deliberately took the world's private-enterprise corporations out of the fundamental jurisdiction of America. They have kept their U.S.A. operations going in a seemingly normal way, so people in U.S. America haven't realized that these companies are officially situated elsewhere despite the incredible amplification of those great corporations' annual profits, whose annual totals payable to these corporations' stockholders are of the same magnitude as the annual increase in the U.S.A.'s joint internal and external debt increases.
America is utterly bankrupt externally in terms of balance of trade due to its own oil companies now operating as Arabian business. The national debt at the time of the New Deal was $33 billion -- which was the cost of World War I. Before World War I we frequently had no national debt whatever. We have today a national debt that exceeds $800 billion -- 30 percent of that indebtedness came from underwriting of ever-longer-term mortgages. In 1934 the U.S.A. underwrote a completely obsolete building industry while Eisenhower allowed the banking world to make an incredible amount of money in interest rates and services (in 1978 over $1 billion just for transferring home-ownership deeds) in support of the building and real estate game, which building industry -- if it were any good -- would pay the U.S.A. back handsomely. The U.S.A. cannot even pay the annual interest on its $800 billion national debt.
That is why the Nixon presidency and all those since have had to enter each year with a negative budget, acknowledging that at year's end the U.S.A. will be a $100 billion-magnitude unrecoverably deeper in debt. Our foreign-trade-balance indebtedness is (as of September 1979) $104 billion ($86 billion if foreign branches of U.S. banks are taken into account).
Sum-totally, what has been taken from the people of the U.S.A. runs into many trillions of dollars. In the quarter of a century since Eisenhower America has become completely bankrupt, with its world leadership, its financial credit, and its reputation for courage, vision, and human leadership gone.
None of this was the American people's doing. It was all done in an absolutely legal but utterly invisible manner by the lawyer-capitalism. Individual bankers, industrial-corporation officers, et al. have had to do what their lawyers told them to do. No bad people have been involved. The lawyers were following their survival instinct -- and doing so completely legally.

Everything we have reported here has been published at one time or another, but with the individual items often so far apart from the last relevant item that the public has tended not to remember and associate the items.

http://www.ratical.org/corporations/LAWCAP.html 

http://bumslie1.wordpress.com/2010/05/18/buckminster-fuller-power-point/#jp-carousel-166

http://bumslie1.wordpress.com/2010/05/18/buckminster-fuller-power-point/buckminster-fuller-001/



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