A very ominous and scary meeting of the world’s “elites” in Davos making a predictable statement.

Economic and political elites meeting this week at the Swiss resort of Davos will be asked to urgently find ways to reform a capitalist system that has been described as “outdated and crumbling.”

“We have a general morality gap, we are over-leveraged, we have neglected to invest in the future, we have undermined social coherence, and we are in danger of completely losing the confidence of future generations,” said Klaus Schwab, host and founder of the annual World Economic Forum.

“Solving problems in the context of outdated and crumbling models will only dig us deeper into the hole.

“We are in an era of profound change that urgently requires new ways of thinking instead of more business-as-usual,” the 73-year-old said, adding that “capitalism in its current form, has no place in the world around us.”

Some 1,600 economic and political leaders, including 40 heads of states and governments, will be asked to come up with new ideas as they converge at eastern Switzerland’s chic ski station for the 42nd edition of the five-day World Economic Forum which opens Wednesday.

The problem isn’t capitalism at all. It’s corrupt government institutions and leaders who are using stateist bureaucracies to steal more and more money from businesses and individuals to fund their mismanaged and corrupt governments which are inherently dysfunctional.

All governments become a mess in time, the larger and richer ones get more decadent over time because the political will to keep it working properly isn’t there.

We can only hope that these so called elites do not try to foister more socialism on us, but that is exactly how they think and want things to be. Socialism fails worse and harder than capitalism ever has. But they never get that. There are still lots of people who yearn for failed socialist states of the past that were horrible and downright evil. Because people aere lazy and love the idea of some government taking care of things. The problem is that simply never works. Witness Europe, Canada and now the U.S.

I’ve read the Senate plans to kill SOPA but both need to be opposed because they will enable the government to shut down any website they don’t like based on excuse like “copyright infringement” just as the War on Terror and the War on Drugs have been used to take away many constitutional rights and protections Americans once enjoyed. A lot of people have been imprisoned or robbed by the state on false pretenses based on those laws. And this one is another call to give abusive powers to companies and the state. So it needs to be stopped. This video explains it.

Its a nice enough message but anonymous has been tilting at windmills a lot lately. A lot of the revolutions happening around the world are often but by other fascists trying to impose their totalitarian state (see Egypt), but i think the overall message here is good, Global elites need to be on notice that they are not in power like they once were and the world is changing rapidly. There are too many disturbing trends, even in the states that show a move toward more statism and not less by those in power. If anonymous actually focused on that instead of some of their odd side quests we might get somewhere.

I remember well how up in arms the lefties were in England in her time because she was tearing down the welfare state that the socialist labour party had created before her. A state that was on its way to bankruptcy, just as we are under the Obama government and decades of statism which was ramped up even but so called conservatives like Bush 41 and 43.

All government programs are paid for by tax dollars. Meaning dollars taken from you and others. And government doesnt know how to spend wisely. They have no motivation to. They are forcing you to pay them and they can force you to pay more if they want to.

Thatcher was a rare politician who was honestly exposing the problem and why it leads to economic collapse. We can see from the state of Europe now that European socialism is a failure that is falling apart at the seams and our own system is rapidly disintegrating under the weight of our unsustainable debt. Our debt is larger than the economy itself. That has to stop.

Governments are a poor answer to problems because bureaucracies largely make things worse. States like California are going broke and businesses are fleeing the regulations and tax burdens created in those places. Statism is a failure and it should always be fought and dismantled.

A little chart to show you what I mean about the current administration. This was made before he added more trillions to the debt and he’s requesting more. So a new chart would actually show no decreases.