The zaibatsu gradually lost their independence from political forces during the 1930s, after a nationalist military faction gained power over government and political organs. The zaibatsu were made targets of this faction, which denounced the companies as monopolist (in fact, Mitsui's chairman was assassinated by military fanatics). For the most part, this was a valid criticism. The zaibatsu benefited greatly from recessions and other public crises, and exercised extensive control over government and public resources. In 1937 the militarists launched a war of conquest against China. Despite their disdain for the zaibatsu, the military leaders recognized that these enterprises were essential to a successful prosecution of the war. By 1941 the zaibatsu had become synonymous with the Japanese military-industrial complex. That year, the war expanded to include Britain, the United States, and the Netherlands. Far from reducing the companies' influence, the military leaders placed the zaibatsu in charge of large areas of the economy, resulting in tremendous concentration of the industrial sector. During this period, major trading companies largely acquired and distributed products according to government directives.
When the war ended in 1945, government authority was assumed by the American-led military occupation authority, known by its acronym SCAP. The first priority of SCAP was to prosecute war criminals, including senior officials of the zaibatsu who had been sympathetic to military and then to implement economic, political, and social reforms.
Just change few names and your on target today. The ruse that blue or red is the problem is not the real issue of depravity.
A recent report highlighted that since 2005 global liquids (oil) production excluding ethanol has risen by just 2.2mbpd, leaving a significant shortfall against the previous trend. Over the period exports had fallen by 1.9m bpd and “available net exports”, defined as global net exports minus China and India’s combined imports, fell from 40m bpd in 2005 to 35m bpd in 2011, helping to explain stagnant global GDP growth, particularly outside the US. A simple extrapolation of the trend would imply that by 2030 China and India would be consuming 100% of global net exports. This is not going to happen, but it highlights that China and India’s growth is becoming increasingly expensive to achieve as there is simply not the global scale of productivity needed to drive the kind of numbers we need – (
http://www.resilience.org/stories/2013- ... city-index). With the oil sector’s expenditure now 1.5 times cash flow, the oil price may not be sucking capital from the rest of the economy, but clearly the oil companies are.
So the seven sisters are the five pillars we note today anyway. Nothing new under the sun. The short term plan as we noted matched the indexes and the elusive quest for parity we contemplate as mature markets shift to planned chaos of skullduggery in the main offices around terra firma.
Heres the linch pin to those with it.
DO NOT TRUST THEM EVER Supplies are growing increasingly scarce in many US basins, he noted during the forum, "The Thirsty Triangle: The Water Footprint of Energy Trade Between China, Canada, and the United States." Permits for some renewable and conventional energy facilities already have been denied because water supplies... weren't available.
And now you know why they take the high ground since what runs downhill. NEVER TRUST these people who convey, well its just radioactive it posed no threat.
Tell over thirty million who must have it that its just business as self licking ice cream cones that even pretend to care. It has got to the point if it has three letters in it the taxpayer must defund it before they kill us all. Never fear another faction will go to the swamp to save us from our self.
Yoshihara, Kunio. Sogo Sosha: The Vanguard of the Japanese Economy. Tokyo: Oxford University Press, 1983.
Young, Alexander. The Sogo Shosha: Japan's Multinational Trading Companies. Boulder, CO: Westview Press, 1979.