The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label universal basic income. Show all posts
Showing posts with label universal basic income. Show all posts

Saturday, March 11, 2017

Silicon Valley is expecting government to take care of unemployed as they replace millions of workers with robots

Technology, automation, and the elimination of jobs is nothing new, and has been around since the beginning of time.  However today the world is suddenly coming upon a threshold in which there are few natural horizons through which workers who lose their jobs to innovation can have something they can transition into.

Ie... when the automobile replaced the horse and buggy at the beginning of the 20th century, workers in that industry could retrain themselves to labor on the assembly lines of the new one.

But there are very few 'new industries' being created, with most of the automation being simply about replacing workers to do the same jobs that are currently available.  Drivers are being replaced by automated cars, fast food workers are being replaced with order kiosks and robot cooks, and 3-D printers are just now beginning to replace construction workers in the building of homes.

In fact, it is being estimated that by 2035, up to 75% of all current jobs could and will be replaced by robots or some other form of automation.  And without some completely new innovation that would require the use of human labor and intellect beyond what a robot could do itself, how will hundreds of millions if not billions of people sustain themselves without a viable means to earn a living?

Since Silicon Valley is one of the primary drivers behind this rush into automation, corporations like Alphabet (Google), Apple, and Tesla give little thought as to the plight of the average American, instead pushing for replacing these workers with cheaper foreign labor until robots, AI, and other technologies can eliminate them altogether.  And as a result there will one day soon be hundreds of millions of angry and restless workers with nothing to do, little purpose, and plenty of time to build up the momentum for civil unrest the likes of that no government has ever seen.

But of course the brains at these multi-national corporations have a solution to this problem... and it involves the government simply adding everyone to the welfare teat at a time when their coffers are completely insolvent.

Image result for silicon valley wants to get rid of workers for robots
Silicon Valley will be watching closely. As job loss due to automation becomes more of a foregone conclusion, pressure is likely to build on the tech industry to help usher in policies that will address it. 
Elon Musk, who promised that all of Tesla's new vehicles will be capable of driving fully autonomously sometime this year, admitted recently that he thinks universal basic income will be necessary. Eliminating driving roles alone would wipe out 2 million jobs in the U.S., increasing unemployment by 6 percent. - INC
The saddest part for the average American is that most are ill prepared to do anything but accept a decline to their standard of living, and to suffer through the ultimate shame of being on the public dole for the rest of their lives.  The U.S. education system, which 40 years ago was in the top 5 in the industrialized world, is now languishing in the bottom 30 as many high school as well as college graduates can't function beyond an 8th grade level.  And as the future of jobs and entrepreneurialship moves onto the internet and away from the factory floor, few will have the skills or talents to seize upon these opportunities to try to build a life through the necessary paradigm shift which is in the creation of multiple streams of income.

For the most part, human labor has always been considered cheap and disposable, and those in power and who have reached the pinnacle of success rarely consider the plight of those who struggle to simply survive and wrest a decent living during their productive years.  And whether it is in the slaves and citizens forced to build the Egyptian pyramids or Great Wall of China, or those who were treated as criminals by the Rockefellers when they didn't work hard enough in the coal mines of Appalachia during the latter part of the 19th century, the destruction of the working class in favor of automation will only result in the destruction of a society no matter how much free money or 'basic incomes' a government deems to provide them.

Wednesday, February 1, 2017

After confiscating much of the nation's wealth, India's government wants to give it back to the people as welfare

After implementing a sudden monetary policy that wiped out a great deal of the people's wealth and set back the economy several years, India's Prime Minister now is looking at trying to save his election chances by offering up free money to the people under the guise of a Universal Basic Income.

In late 2016, Modi declared the two largest currency denominations no longer legal tender overnight, and gave the 1.3 billion inhabitants approximately a month to turn their currency into the banks.  In response to this, the Indian people rebelled with many of them trying to exchange their currency for gold and gold jewelry rather than deposit them in the banking system that less than 40% of the population actually trusts.

Three months later, and with support falling everyday for the Prime Minister, the government is now rushing to implement a new policy which would accelerate the digitization of their monetary system, while also attempting to be benevolent by introducing free monthly welfare checks to large portions of the population.

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Prime Minister Narendra Modi shocked his country and the world in November 2016 by announcing that he would fight corruption by rendering 86 percent of the country's currency worthless. The decision wreaked havoc with India's economy for several months, but Subramanian believes that the worst is over, now that plans for a remonetisation are in place. 
"Briefly, the costs include a contraction in cash money supply and subsequent, albeit temporary, slowdown in GDP growth; and benefits include increased digitalization, greater tax compliance and a reduction in real estate prices, which could increase long-run tax revenue collections and GDP growth," the report reads. 
The report also lobbied for a Universal Basic Income (UBI) program to replace India's innumerable social-welfare programs. India has over a thousand such measures, but UBI could replace them all in a system virtually impossible to exploit.  
A UBI in India would provide every citizen, regardless of net worth, a monthly payment with no strings attached. It can be used to provide for basic needs, the theory being that it will be enough to prevent poverty, giving recipients the ability to seek education and recover from economic hardship. - Sputnik News

Thursday, January 5, 2017

India's new scheme of free money to all could be the carrot to coerce people to get into their banking system

Over the past month, India's Prime Minister has used the stick on his people in an attempt to force them to give up their cash and move all commerce into a systematic financial process that could be monitored and taxed by government authorities.  This of course led to a massive backlash as a society that for centuries has run primarily on cash, and where only 36% of the population even has a bank account, rushed instead to exchange their currency for gold rather than deposit their cash into the banks.

Now however, Prime Minister Modi appears to be switching his stick for the carrot and is using a different means to try to entice India's 1.4 billion people into the banking system by proposing a scheme of free money, or a Universal Basic Income, to get a large portion of the population reliant upon the government and more amenable to buying into their financial system.

Image result for free money universal basic income
The Indian government is likely to introduce Universal Basic Income, a practice of paying every person a fixed sum of money as a means to stimulate the economy and improve the quality of life of its citizens, according to the concept’s leading proponent. 
The Indian government is preparing a report documenting that a Universal Basic Income (UBI) is "feasible" and "basically the way forward," according to professor Guy Standing, a leading advocate for UBI, and the leader of the Basic Income Earth Network movement (BIEN). - Sputnik News
UBI schemes come with many pro's and con's, but most significantly the outcome of such programs depends upon the disposition of a people and culture.  For example, in Finland where they have just enacted a universal basic income system, the majority of recipients have surveyed that they still intend to work at the same time they receive the extra money, and this speaks highly to the diligence of the culture where a UBI scheme may work in the short run.  Yet on the other side, having a nation like France or even the United States where large portions of the population have lived off of welfare for generations, a promise of free money will not change the landscape of increasing the incentive to both work and receive extra income, but instead simply replace one form of welfare with another.

The ultimate goal of the Universal Basic Income system is to try to get everyone reliant upon the government, and their money stored in the banks where at a later time the ultimate agenda of a cashless society can be instituted.  But to do this it may take a financial crisis of epic proportion to achieve this, and that may be coming much sooner than people could imagine.