martes, 29 de abril de 2014

Light Bulb Conspiracy

In class we saw a video about the Light bulb Conspiracy. Today we live in a society where we do not create things because we need them but because we want new things. Since 1920 we live in a world with planned obsolescence, companies create products that are design to last a certain amount of time, in order for companies to sell more, even though the product may have a larger useful life. 

Things just are design not to work after a certain period of time so people will have to buy new products.
Physicist design lightbulbs that can last thousands of hours but they are forced to design products that are not the best quality. A lightbulb that could last one hundred thousand hours was created but it never reach the market. In 1929 machines started replacing people, the United States entered into a Great Depression, the only way to recover was to make people go shopping or start consuming. 
We live in a world were there is a lot of ambition and people always want to have newer and better stuff, not even caring if things do still work.

4 Horsemen

Throughout history, the US has been considered  a powerful empire based on its economical power, and political power. However, this could get to an end very soon. This is because, according to the film "4 Horsemen" the US is destined to fall from its status of world leader. The film states that en empire has 6 ages, in which there is the rise, the prosperity, and the fall. The American empire is in its time of decadence because of its high levels of prostitution and corruption. Today, everything is based on sex and money and this is why people are losing their values.

Society is also declining because of their use of money. Banks are creating money from nothing and this creates a hole in society where more corruption can be hidden. Since the last century the communism has been battling with capitalism to get the control. Capitalism finally won and favored the use of corruption in the bank system. A law was removed because it limited the banks to speculate which people's money. This got into the crisis.

viernes, 4 de abril de 2014

Banking System

In class we saw a video called ZEITGEIST where we could get a better understanding of how money is created. Money is created by debts. The reserve banking system is the entity in charge of the money of the United States. The government of the US asks for a loan to the federal reserve and then that money is put in circulation. Then people ask for loans and they have to pay interests and that is how banks and the government makes money. The world will never be debt free, People will always have debts because money is created from loans.
"Money is debt and debt is money"

Money is created in the bank and it goes back to them. The amount of money that is printed and in circulation in the US is only 3 percent of all the money that they use. The money in reality does not exist. And banks loan a lot of money to other countries knowing that it can not be payed back, so they take advantage and ask for lower prices on products like oil or military bases all over the world. And at the end it is always the higher class people that are privileged by this system

Banco de Colombia

In Colombia since 1923 the "Banco Central de Colombia" is an autonomous institution of the state. It is run by a board of directors and a president. The Bank manages the country's monetary policy. Through monetary policies the government seeks to stimulate full employment and price stability. The Central Bank fulfills these roles to deposit funds in the nation and public entities under the conditions established by the Board.The monetary policy decisions are made based on analysis of the current state and prospects of the economy.

"Monetary policy in Colombia is governed by an inflation targeting scheme whose purpose is to maintain a low and stable rate of inflation, and achieve output growth in employment"


Banco De Colombia. N.p., n.d. Web. 3 Apr. 2014.http://www.banrep.gov.co/es/politica-monetaria

martes, 1 de abril de 2014

NATO suspends 'all military ties' with Russia

NATO suspends military ties with Russia and joins with Ukraine to help them keep the Crimea region. This decision was made on tuesday by the military foreign ministers. 
The NATO decided to suspend the ties with Russia because they saw that Russia had no intention of withdrawing the troops from Ukraine so why would they support them, and that makes the tension with Ukraine and Moscow never end. 
"The European Union has pledged $15bn (11 billion euros) as part of a package of support with the International Monetary Fund.
"It is in the interests of Ukraine and Europe to maintain peace and stability on our continent," Rehn told journalists on the sidelines of a meeting of European finance ministers in Athens."
The Nato will try as much as possible to help Crimea and try to end what could possible become a war.

U.S. Secretary of State John Kerry (R) stands with Ukrainian Foreign Minister Andriy Deshchytsia before their meeting at the NATO headquarters in Brussels April 1, 2014.

NATO Suspends 'all Military Ties' with Russia." - Europe. N.p., 01 Apr. 2014. Web. 01 Apr. 
2014. http://www.aljazeera.com/news/europe/2014/04/sign-russian-pullback-from-ukraine-201441132730915798.html

Food Inc

Food inc documentary shows us all the consequences of the production of food in the world. We never pay much attention to what ingredients or chemical that are put in our food or the way they are produced and delivered to our local supermarkets. Almost 90 percent of the food companies are own by two major companies, and these companies have a kind of monopoly were they get all of the benefits.

We can see how The Economic hitman, race and food inc all relate because companies hire mostly latin american people to do the field hand and all of the hard work for few salaries and benefits, and they can not protest because most of them  are undocumented so they will fire them. The government influences a lot in the business, they have control over the amount they produce and sell, they make farmers produce all the time so the food has a lower cost, but that brings consequences like people suffer from obesity problems because they have low incomes so they are forced to eat unhealthy food. This problem happens a lot in the world but we never recognise it.