The big-shots fraud of corporate, banking, speculative and financial Globalization has forced all Nations to be a conglomerate of people that must integrate in the Empire to survive in their meek seviility of behaving “politically correct”. Propaganda, brainwashing and political intimidation has elected subordinate corrupted governments of ignorant politicians, docile to the bribes of Lobbyists as domains of the global Empire. We are herded together although we all have the natural instincts of a peaceful and serene democracy of Liberty, Equality and Fraternity, like almost happened in the 19th Century.

Today the global economy (???) is founded on a currency which is no-value-paper having a doubtful worth established by the erratic quotations of the Stock Markets of the World. It is a pseudo economy that feeds the filthy-few-rich at the expense of the whole of Humanity. All powerful nations try to have their own paper-valueless-currency become the highest rated because countries can only trade within “free-trade-agreements”, which transfer the wealth of the poor to the coffers of the rich, or indebting themselves with the World Bank.

In the 1800s there was a global economy almost democratic, almost ethical and almost fair. Currencies were legally binding on the value-standard that was the “tangible value reserves locked in the vaults of Central Banks”, what made currencies legal tender for barter and trade. The bankers-financiers manipulated throughout that Century to wash-out and render useless the legally binding global regulations until they managed to force the financial catastrophe of 1929, when the financial global establishment became owner of all governments in the new global Empire of the Rich. We are today living a mirror-image of the 1929 financial abuse of the Global Empire on the weak, dispossessed and poor. The ability of Nations to react is now weaker and less effective than Roosevelt’s recovery, because is orchestrated by the lobbyists that own all the Parliaments on Earth and there are no technical procedures to rescue the Planet.

We, the engineers of TEIC, have been computer-testing since 1985 our scientific human economics which is a series of engineering procedures - based on the economic environment of the 19th century and the work of the FDR engineers - to reorient the economy “exclusively” to the service of the Human Being, which is the ”only” reason to practice any kind of economics.

I limit in this artcle to list the four fundamental principles of a democratic global engineering leadership that Humanity needs today to come out of the corporate aggression to the Planet:

PRINCIPLE ONE: the universal standard of value of all nations is the GNP/capita measured on Jan. 1st, each year. Is invariable during 365 days and it is recalculated at the start of the next year, to update all computers accordingly. The variation of this standard indicates the progress or regression each year of human wellbeing in the Nations. A legally binding global monetary system render currencies tokens of tangible value in the instance when they assist barter of equal worth. These currencies are legally recognized as gold was in times of lore.

PRINCIPLE TWO: All the wealth of a Nation belongs to a corporation named STATE where each citizen is a shareholder holding equal part. The wealth of the Nation is assigned to the Central Bank as custodian and is there to back the value of the currency of the Nation that is used for internal commerce and for international trade. That justifies our definition of the universal standard of value as the GNP/capita. The Central Banks have small subsidiaries named National Banks that assist all communities of the Nation with mortgages, and commercial credits to sustain the growth of the hamlets or the districts of cities “at the lowest possible interest covering the costs of providing services”. The government has an open credit with the Central Bank at 0% interest and a term of 100 years, to generate all the financing necessary each year to serve the citizens within a full employment framework, total Medicare coverage, minimum social security and free education until the PhD level.

PRINCIPLE THREE: S.H.E, our global economic mechanism only accepts bilateral commerce that must be reciprocal, balanced and of equal value, because trade is a mathematics equation that is computerized in the international systems of Scientific Human Economics. The equation of bilateral trade is computerized in both countries leading to automatic execution of details. In lay terms what country A purchases in Country B is of equal value of what B acquires in A, just like changing one kilogram of tomatoes for two of potatoes, with the help of tokens called money.

PRINCIPLE FOUR: No natural resource or assets or tangible value may be sold internally or externally. The total wealth of a nation belongs to posterity and each generation is expected to increase the total wealth by adding value by the exercise of entrepreneurial creativity blending wealth with labor… We hit the spot that is blindly resisted by the corrupted politicians of the extreme right, center and left (or any other region of their fraud) and by their mentors: the crooked executives of multinationals with their flock of lobbyists… Clever people will see that we are trying to rescue these birds from their own peril due to their greed. Our decisions are based only on one objective: to mitigate human suffering in the transition from global fraud into Scientific Human Economics. (If you read my books, you will notice that the Corporations “that are now almost bankrupt sustained by bail-outs” will be purchased by governments, and given to their employees to manage them in the national interest)

I will defend our design if any representative of the fraud of Globalization (such as Secretary Tim Geithner, Federal Reserves President William C. Dudley, reputed Wall-Street financiers, CEO’s of multinational banking, Assistants of President Obama such as Valerie Jarret, Senior White House advisor, etc.), has the courage to give in this Blog important “rational evidence proving” that Scientific Human Economics is not capable to restore our Planet back to provide - with sustained multinational engineering effort in the next fourty to fifty years - an environment which is clean and healthy for the Human Being, which - I repeat - is the “only” reason to practice global economics.

Finally, can somebody tell me what is the “Obama’s Stimulus” and how will this miraculous gizmo meet the Kyoto Accord signed by all the pollutant nations, mainly the G-20, who are presently making noises that have political grandiloquence but have no meaning for the dispossed populations of the World? ... What is actually the step-by-step procedure of the G-20 that President Obama is peddling in all the Nations that he visits, to cover with his eloquence the emptiness of the G-20 charade? ...

Jorge Torrealba, retired P.Eng., Director General,
Techno Economics International Consultants,
Halifax, NS, Canada.
human.economics@ns.sympatico.ca
www.e-libro.net ( six books of mine available)
CC. The Press Atache of the Embassy of the USA, Otawa.
The Press Atache of the Embassy of Venezuela, Ottawa.