Common Cents

Time to pay the piper?

Ralph Murphy

(8/2019) Federal election polls for the 3 November 2020 appointment process will contend all 435 House of Representative seats along with 34 Senate seats and the Presidency for new appointments. Twenty-four Democrats, one Independent, and two Republicans have announced their availability for the high offices. The contests come amid a time of extreme changes in the domestic and foreign political landscapes following decentralization of notably bank funds, which had leveraged unique and costly programs for home and abroad. In its wake remains a political control group and tied media assets void of private sector program funding and vulnerable to redress challenges as they’re no longer supported by corporate or security groups required to maintain it.

Consolidated power to varied group actions had been an awkward if not unexpected result of recent modern technological advancements linked to meta data gathering, access, dispersal and use. Projects that may have taken vast time and effort to accumulate funds or rally support by older methods such as application or filings in soliciting data or approval were realized at low scrutiny based on older systemic understandings of self policing or control. They seemed best reflected by a New York bank control guild linked to the politics which could cap and redirect funds or legislation that favored their actions as the billing was largely deferred to the collective population with losses covered by tax replenishment.

The storage power was identified as a real national security threat by many in the intelligence community elite and the bankers were jailed or killed leaving a relative power vacuum. The control is assured as the funds currently can’t be accessed with that means for projects to include the European Union or very unlikely Far East upstart ones linked to China and its commercial rayon’s.

The issue now is the path forward and here to America at least the group simply isn’t missed as domestic law that was arbitrarily flouted can be enforced at the federal and regional levels to assure privacy of personal accounts and scrutiny to lending concerns by enforcing conventional laws. A political economic legacy of the guilds control action has been what seemed pooled access to bank funding that offered relative bailout security to members but surrender of many of market investment discretion as they were obliged to advance guild pricing and toward the end had to surrender even management controls. There was a distinction made between public ownership reflected by the older ascription of incorporated or company as Inc. or Co. suffix here to the United States or Ag in Germany, KK in Japan and PLC for the Commonwealth front organizations that denoted the guilds control capacity for market access or bailout needs. In the event of law suits the company can be sued not the offender department.

In recent years there has become a new corporate designation denoting relatively private control of the varied commercial enterprise known here as LLC or limited liability company. Its original context assured commercial partner could disconnect from legal liability of other partners within the same corporate entity linked to lawsuits. Tax commitments became a noted issue as well. That suffix now better denotes a relatively independent program from the New York guild control and probably also can be used as a directive link to conventional market competition. It was a broker angle to leap clear of the guild but again the advantages of corporation are that in the event of legal censure the company is liable not the division or individual which can again be sued in the LLC group. Corporate security from legal liability should be forwarded but private stock determine ownership and tied planning interests.

LLCs or their similar private stock were adopted or variously started abroad as well. In Germany the lengthy equivalent is suffixed by GmbH. In Japan GK often used. Ltd is a rough front for the British groups mostly commodity sales. Public stock is listed on stock exchanges that denotes they’re active but isn’t actually an investment source as implied by the bourse actions. The values are controlled and artificially pegged, Private stock is rarely listed these days on that type program as by definition it can’t be randomly owned.

A real issue to European market interest at present is for the first time in centuries there is an opportunity to break the regional guild controls that had variously capped and redirected funding and opportunity there but were heavily compromised by the wave of New York program money. It was repatriated recently for conventional investment here or elsewhere as consumer loans rather than bailouts to unlikely Greek type government projects. it leaves some frustrated officials but happier consumers.

Another issue is continuing to take Great Britain seriously as the politics so awkwardly projected as viable despite the high theater aspect of their bonding, cause and effect. Economic links include VW buying out Rolls Royce-Bentley in 1998, BAE defense systems without Lockheed Martin or Northrup-Grumman would just be wishful thinking. Even Land Rover is owned by the Tata group and that to Daewoo in South Korea. The island was a darling projection of the dying guild system so may need to simply grow up as a viable leader to that field.

Another clarity point that does need interjection is unlikely corporate alliances or complexion particularly to Germany which dominates the higher technology or industrial programs to Europe. Volkswagen Group perhaps best symbolizes the complexity of the ownership concern as what would be model type subsidiaries or divisions of an American or Japanese firm for example, are listed as different company types within the group header. VW is public Ag but models include Ag, GmbH and a relatively new control means which likely is to collapse known as Societes Europeas or SE that provided easier mergers of European listed industries brokered by Brussels and that New York bankers who again are now detained or factored out as the theft levels were too high to waive. The government role there seems more a tax and SE would expand access though it impeded market supply and demand signals which did appear otherwise respected.

The guilds simply aren’t needed. Private ownership is an equilibrium to that competitive framework and deviations in caps and redirects by external coercion had to be maintained by force. It can’t be done in the business sector without real strength and the political one now is often almost charade with spoof personalities assuming ostensible weight in power levers. The process is largely under control more because the New York group collapsed and core security interests as well as transaction or regulatory concerns are met as well. A big bill on the Hill these days could possibly involve a sanction issue addressed without fanfare in other eras by a lower ministry or executive department.

Political leverage can prove beneficial if it provides for necessary services no single private sector can or will afford as security, regulation, or legal brokers. It goes wrong with arbitrary personal vision translated by force or cash that buck conventional systemic requirements. Money is now decentralized closer to investors and the politics should follow but haven’t to official projection. They do however seem in check. The political method as advanced by the personality players appear almost comic given backgrounds and legislation interests. That can be advanced for a while but the system does have to be closer to majority interests and counting a free and fair vote appears very doable without the guilds.