Gallery Ark “Color Dance” November 2-16, 2013

Gallery Ark is located in the MOA Leports Building behind World Cup Soccer, Pongam-Dong Gwangju. It is downstairs. You can reach Gallery Ark at +082.62.3853839 You can reach Doug Stuber at dougstuber@gmail.com and can look at stuff at http://www.stuberpark.com. Here are some of the paintings that will be on view.

The Opening is Thursday, November 7 at 7:30pm

There is an artist talk on Tuesday November 5 at 5pm

1961

     1954

1960

1959

1955

1958

Opus 1930

Opus 1938

Opus 1936

Opus 1935

Opus 1928

Opus 1925

Opus 1924

Opus 1940

Opus 1939

Opus 1937

Opus 1932

Opus 1873 medium

Avatar Transport

Opus 1843 - Copy - Copy - Copy

Opus 1838 - Copy - Copy - Copy

Opus 1826 Medium

Small Opus 1814

Opus 1812 - Copy - Copy - Copy

Opus 1788

Opus 1720 very small

Opus 1648 Large

This Terrifies Me, How do we fix This?

What terrifies Samantha, my niece, is the Porter Stansbury report the selling off of America. She’s worried about what happens if the USA sells all its assets to people overseas. My response was not direct, it was this:

But this is my newer post, and since you are terrified about the USA being sold off in order to protect that last few months of solvency before going completely bankrupt,geesh Samantha,we’re cooked already on that note. Our $17 Trillion debt will rise geometrically since our debt problem is out of control now. We can’t even afford to pay the INTEREST on our debt. UNC-Duke economists club estimate that 26% of the money we borrow we borrow in order to PAY THE INTEREST on money we owe. It’s flat out absurd.

It started between 1980 and 1988 when, in order to avert financial problems, Ronald Reagan and the federal reserve combined to TRIPLE the national debt. YES TRIPLE IT,in 8 short years,from $1 trillion to $3 trillion dollars. A LOT of this happened due to defense spending and wars. But the defense spending boondoggle and wars have continued unabated. Once 1989 happened,and the Berlin Wall came down, and the big huge Iron Curtain was no longer a viable threat, the USA went into the business of creating the “enemy of the week.” none more confusing than William Jefferson Clinton, who made five decisions that put the democrats squarely into the republicans mindset.

1) NAFTA: This trade agreement, as even Ross Perot knew,cause millions of American jobs to move to cheaper labor in mexico while doing nothing to replace those jobs with jobs that paid the same amount. We were told the manufacturing jobs would be made up for by the service industry. Problem: The Service industry looks for people with at least a bachelor’s degree,and the USA only has 25% of its population holding a bachelor’s degree. Reagan and Bush I had already stripped a ton of vocational school money,so when the jobs left that paid $20 an hour,folks scrambled ot make $8.00.

2)After shipping many jobs to Mexico,the problem got worse via GATT 2. GATT 2, which created the World Trade Organization and put trade concerns OVER all sovereign laws of ANY country, then paved the way for American jobs to be moved to China, Vietnam, Argentina (The FTAA came later), Indonesia, The Philippines,k etc. All manufacturing companies were given INCENTIVES to move jobs overseas via TAX CUTS for those who abandoned American workers.

3) After shafting the workers (is this a Democratic party?) Clinton then pushed through the Welfare Reform Act of 1995, thus beginning the cutting of aid to families with dependent children. This terrible 1-2-3- punch left many scrambling for jobs and working two or three jobs to be able to live in decent neighborhoods. Of course,indecent neighborhoods were growing rapidly, as was the jail population which DOUBLED from 1 to 2 million under Clinton.

4) The Banking Reform Act of 1995. This whopper of a Boo-Boo allowed banks to lend out $30 for every $1 they had in deposit. The previous law allowed $12 to be lent out for every $1 in deposit. OH #$12 was TOO MUCH believe me. but 30!? By Golly with such lending freedom there were NO LONGER viable candidates to lend money to,so the bankers invented Sub Prime Loans,and bundled those loans into the billions of dollars worth and sold the bad loans to each other round and round like a game of musical bankruptcy chairs until WHAM, J P Morgan, Lehman Brothers, CitiBank and famously AIG all ended up holding the “bag” while Goldman Sachs,who was also in neck-deep got bailed out FIRST because Hank Paulson was the Treasury Secretary then, DONTCHA KNOW!! His friends got bailed out and his enemies (Lehman Brothers qualified as such) sunk. AIG had done for Europe what Europe would not do for itself. When European banker whined that US banks got to lend so much and they were stuck with rules that said $10 for ever $1 was the limit, the EURO-CHIEFS said, OK if you can find someone to insure those extra loans above $10 for every $1 you have, we will let you do it. Enter AIG,exit common sense. SO the Trillion or so tax dollars that bailed out AIG was sent (via Goldman Sach,surprised?) to EUROPE to COVER its meltdown, as AIG promised it would. YUP US taxpayers bailed out the richest European bankers VIA AIG. The ensuing enlargement of American debt may have occurred under Obama due to this, but it started under Clinton and was exacerbated by George W. Bush, whose penchant for WAR kept the US debt growing at a 100s-of-millions-of-dollars per day clip, on war funding alone,forget trying to service the interest on our loans.

5) Clinton himself,though never held accountable,continued the sanctions on Iraq, bombed Iraq, and spent money bombing Belgrade too. Nearly 35,000 people died when we bombed Belgrade in order to get Milsovic to stop. Hmmmm. Clinton was Bombing innocent Islamic folks in Iraq, while also stopping the genocide of Islamic folks in the Former Yugoslav republics. This added up to eve less of a safety net for American workers who were starting to lose jobs,and who now have witnessed 10s of millions of jobs shipped overseas… including SERVICE jobs to India. This gives corporations added profits on one hand, but not ENOUGH profits to make up for the rapidly declining dollar on the other.

Add to that global environmental destruction,70% bee population decline, J.P Morgan controlling the price of oil though not an oil company and a whole laundry list of other problems created by the fascists at the top, and WOW, we could be in for a massive downturn, wouldn’t you say Samantha? The best way to combat this is to prepare to grow your own food, live in a town where people still understand the value of community sharing and coming together to help those in need,and being lucky enough to be able to prepare and do all this buy purchasing the land you will need NOW before the dollar loses more value. If you worried about all the labor required to run a farm, fear not. If there is an economic meltdown,LOTS of people will be willing to work in trade for food and shelter. Sincerely, Doug

What if Simon Cowel Beats Lou Reed from now on? + Fukushima = Hell?

This is the first BLog I’ve typed straight into the net without forethought or editing after the initial rant. What if the death of Lou Reed is not a symbol, not some figurative “death of Rock and Roll,” but the REAL death of Rock and roll?

It would be simple to say that video killed the radio star. But rock and roll, as Dylan once said, is about “Sex and Drugs, Folk is about God,” and some rock bands existed on MTV for a while, at least while they were still playing music. Even Folk Music has been swamped under.

Since the 50s every generation has come up with music that pissed their parents off, but sitting here in Korea it’s come with a new twist that is as wretched as it is mundane. KPOP, now self devouring, meaning I sure hope it’s ending, is the ultimate post-disco assault on any type of music that once attempted to explain what is really going on. So here we have the LACK of radical thought being the music that is pissing the parents off. But not making them mad enough.

Apologies to Billy Bragg and the thousands of Punk, Ska and independent bands eking out a living in bars across the globe, but NOBODY NEW is singing ANYTHING that aims to expose the evils in society, the fascist pigs at the top, the corrupt churches, and also getting signed to a major label anymore.

I’d rather see the Dead Kennedys’ worst show than suffer through one more dance routine with lip synched music piped in, or a Simon Cowel/superstar-K/prepackaged singer croon on about things that just don’t matter.

Does the world have ANY TIME AT ALL left for things that just don’t matter!?

Except for the remaining living bands from an era when fans slept out four days to get tickets rather than out-gunned each other with computer aided ticket buying programs, there are precious few “name acts” signed to main stream labels who utter a single word of defiance about ANYTHING. So we hunt the Indy labels and Yep-rock type distributors, worship Ray Pollard and his type, sneak around to clubs until something hits us as genuine…and then return to our earphones, and to music that once made a complete societal difference, not just a scene at scattered clubs.

Lou Died, I Cried.

So what? Few who are young enough to NOW make a difference will stop long enough to realize they’ve been hoodwinked. At least one entire generation has been lulled to sleep, to PC Games, to never hitting the streets in anger. Occupy is dying off, and sadly never accomplished much except locally.

That’s it then aging radicals. Solve the problems locally. Support local angst bands, make your own farms, pray you live far away from pollution…pray that Fukushima holds up long enough to move the fuel rods…make love on a regular basis, because even rock is so dead it can’t muster FUKU-Aid though jazz did:

and one man made a plea:

http://fukushimarock.blogspot.kr/2013/07/rokkunroru-rock-concert-in-aid-of.html
And others, at an outdoor concert of the idol “band” NEWS, had health problems, really bad health problems at an outdoor show in Tokyo:
http://fukushima-diary.com/2013/07/87-young-women-had-hypothermia-in-rainy-idol-group-concert-of-tokyo-some-vomited-blood/

But where is the usual line-up of Sting, U2, Bruce Springsteen, Peter Gabriel and Billy Bragg? Where’s the big “Rod-Aid” to help people figure out how to move the 1300+ spent Fuel Rods without causing a major chain reaction?

If the last of the rockers can’t come together for THIS, then we sure can’t expect anyone to take seriously the “Pop stars” if they put together a show…even if they come out and sing anti-Nuke Songs. Anyone remember James Taylor, Gil Scott Heron, Crosby Stills and Nash, etc. who put on No Nukes in 1979?
http://en.wikipedia.org/wiki/No_Nukes:_The_Muse_Concerts_for_a_Non-Nuclear_Future

Most of those folks are still alive, and, uh WHERE THE HELL ARE THEY NOW, playing with their grandchildren?

For the Love of the CHANCE that MUSIC matters in the REAL world at ALL anymore, let’s get it in gear ladies and Gentleman.

How America Was Packaged and Sold

I never reblog, this is a first. I kinda like this one too much though.

The Story of How America Was Packaged and Sold
By Porter Stansberry
Friday, October 25, 2013
A building – One Chase Plaza – was sold last Thursday in New York for $750 million.

Not surprisingly, the building was bought by a Chinese asset-management firm, Fosun.

Today’s essay is about this deal… and the massive economic forces that lie behind it. The story of One Chase Plaza is the story of how America was sold to its bankers. It’s the story of how inflation plundered our wages. It’s the story of how credit, rather than savings, came to dominate our economy and transform our way of life.

It’s the story of how America was packaged and sold to our foreign creditors – mostly the Chinese…

Since 1996, the Chinese have made 51 major acquisitions in America, including deals to own or control iconic U.S. assets like computer giant IBM, carmaker GM, meat producer Smithfield Foods, U.S. power company AES Corp., major airplane lessor International Lease Finance Corp., investment bank Morgan Stanley, and private-equity firm Blackstone Group. They’ve also bought trophy real estate around the U.S., like the GM Tower.

These deals didn’t happen by accident. They happened because the U.S. continues to consume far more than it produces. We finance this consumption with debt that’s owned in large measure by foreign creditors. Take the U.S. Treasury debt, for example. At nearly $17 trillion, this is the world’s largest pile of obligations. If you exclude Treasury obligations held by the U.S. government and the Federal Reserve, 54% of the remaining obligations are held by foreign creditors. And these foreign debts continue to grow rapidly – at about $500 billion annually.

Debt service on these obligations allows our foreign creditors to continually buy America’s best assets. Today, foreign creditors directly own and control U.S. assets worth more than $25 trillion. That’s roughly a third of all the wealth in America. And that’s far more than what Americans own overseas: Americans only own about $20 trillion of foreign assets.

Every year that goes by, our foreign rivals will earn more on their American assets than we’re able to earn on our foreign investments. They will grow wealthier and wealthier… while we become poorer and poorer in comparison.

As Warren Buffett famously said about this situation 10 years ago: “We have entered the world of negative compounding – goodbye pleasure, hello pain.”

How did this happen? Why is it continuing? And why is it almost certain to lead to an enormous currency crisis? The story starts with One Chase Plaza…

In 1957, America was the most powerful country in the world. We controlled roughly 75% of all of the world’s economic activity, and we owned the three most important corporations in the world: General Motors, Exxon (Standard Oil), and Chase Bank (the Rockefeller Bank). Our country’s products – like the ’57 Chevy – were the finest available in the world. We dominated every foreign competitor in manufacturing, energy, banking, and just about every other industry, too.

At the time, you might recall, our dollar was literally as good as gold: By international agreement, our foreign creditors could exchange their dollars for gold for $35 per ounce at the Federal Reserve Bank of New York. This firm limit on the value of the dollar protected the middle class in America, guaranteeing that every wage-earner in the economy would share in gains from increased productivity. As productivity increased, the dollar bought more goods and services. As a result, real after-tax income increased. What was good for GM actually was good for America, too.

The firm value of the U.S. dollar also protected America from the temptation of credit. By linking the dollar to gold, expansion of credit required an increase in gold reserves. Under these rules, the supply of additional gold bullion (through new production or trade) limited the banks’ ability to create new credit.

This made credit expensive (in real terms) and encouraged savings. Those savings then powered stable investment into our economy. Thus, the U.S. government debt actually declined in 1957, falling by $2.2 billion. Surely, no sane person in 1957 imagined that would be the last time the total debt of the U.S. government would ever again decline on an annual basis.

In 1957, work also began on the first modern skyscraper in lower Manhattan. Commissioned by legendary banker David Rockefeller, One Chase Plaza featured space-age materials (anodized aluminum panels) and soared 60 stories high. Covered in glass, it reflected light, unlike the older sandstone buildings around it that absorbed light. The building would serve as a glowing new headquarters for Chase Bank. It was a towering statement proclaiming the bank’s growing influence around the world.

Even today, One Chase Plaza is a signature piece of New York real estate. It remains the 15th-tallest building in Manhattan. Surrounded by Pine, Liberty, and Nassau streets, it offers tenants a direct connection to the Nos. 2 and 3 subway trains. It is even thought of as a key part of the infrastructure of the United States – housing the largest privately owned bullion vault, five stories underground.

Winston Churchill remarked that “we shape our buildings; thereafter they shape us.” Just 10 years after the completion of Rockefeller’s global banking trophy at One Chase Plaza (construction was completed in 1961)… the link between the dollar and gold would be permanently broken.

Richard Nixon closed the gold-exchange window in 1971. America reneged on its debts to foreign creditors. Even more important, banks no longer had to back up their loans with reserves linked to gold. Now, all public and private credit would be backed by “Federal Reserve notes” – so-called “fiat,” or paper, money.

As a result, banks no longer faced any physical limit to how much credit they could extend. And the U.S. dollar no longer had any firm value. Nothing guaranteed the real value of wages. Nothing linked increases in productivity to increases in wages. Nothing protected the middle class from the rising tide of inflation… or the soaring power of the banks.

You can see how the change is destroying the middle class. Today, gains in productivity benefit our creditors… not our wage earners. Take a look at this chart, based on one originally published by the Economic Policy Institute think tank. Based on Bureau of Labor Statistics figures, the chart shows the cumulative growth in hourly productivity for the total economy compared with cumulative growth in inflation-adjusted hourly compensation…

These changes transformed our economy and the nature of capitalism itself. No longer would our economy be driven by investments fueled by savings. Instead, our economy is funded by debt.

Debt of every kind has soared. Measured in inflation-adjusted dollars, America’s total debt has increased from $5 trillion in 1957 to more than $60 trillion today – a 12-fold increase. Meanwhile, our gross domestic product has only increased from $2.5 trillion to $16 trillion, a six-fold increase. As a nation, we’ve mistaken credit-fueled booms for true prosperity.

But there is a major difference, of course. Credit must be repaid. While real prosperity leads to greater abundances, increasing debt produces greater burdens. The cost of servicing our debts has become so large that our creditors now routinely buy our country’s best assets using the debt-service payments we send abroad. Ironically… the “butcher’s bill” of servicing our debts now includes the iconic building that launched America’s credit bubble.

On August 16, the New York Times broke the story that One Chase Plaza was for sale. JPMorgan Chase & Co., the successor entity to David Rockefeller’s bank, was shopping the building through CBRE, the international commercial realty firm. Speculation at the time was that the building might be converted into condominiums and fetch $1 billion. Last Thursday, news broke that Fosun bought the building for $750 million.

And so… America has become just a little bit poorer. Our ability to generate wealth has been marginally decreased. One of Manhattan’s most valuable buildings has been sold. The rents will now be sent overseas to China. The real earning power of our currency has declined just a bit.

For now, the changes seem small and have such a minor impact that hardly anyone notices. But the compounding nature of this shift in wealth is incredibly powerful and very, very hard to stop. Over time… real wages will continue to fall. Over time… our ability to service our debts without additional inflation will erode. (That’s why the Fed can’t stop its bond-buying program of quantitative easing.)

One day, no one knows when, the world will simply decide that we’re not creditworthy anymore. We will have burned too much of the family furniture trying to keep our house warm.

On that day, you won’t want to be holding U.S. dollars or Treasury bonds… or be dependent on the U.S. government. When that day comes, people will look back on the sale of One Chase Plaza and realize… it was one of the last, most obvious warnings, that something had gone badly wrong with America.

Regards,

Porter Stansberry

How Did Bible Study Go?

It went very well. I also left Pastor Jonathan Shin my bumper sticker
and previous writing about Christianity.

Well, religion itself has been a part of a lot of my writing, whether as a journalist
or a poet.

I made a bumper sticker in 1988. I still have a few left. It was an important reminder
to those who somehow claim to be “Christian” but then end up to be pro-war, pro-greed
and using church coffers (collection plates) to fund US military operations in Nicaragua
at least back when the sticker was made.  The U.S. Congress had outlawed any more money going to the Contras, so The Mission Street Ministry and its “Moral Majority” took up the cause.

The man raising millions of dollars and buying planes so that guns and soldiers could be flown to war was a major Evangelical “Christian” named Jerry Falwell, who had Liberty University and bankrolled very conservative pro war, pro greed candidates for the U.S. Senate also.

The sticker? It says:

Jesus Is A Liberal

God is and should be pragmatic, but Jesus, according to the bible I’ve read many times, was a
liberal, pro-environment, socialist, pacifist, anti-war Son of God.

That’s why in the USA I attend the Quaker Church. It has strong working groups that actively tackle the problems of the poor, initiate peace rallies every time the USA starts another war (The USA has created 91 wars since World War II, all under “Christian” Presidents with “Christian” legislatures backing them up).

The only President who said “NO WAR!” was John F. Kennedy,who did not see any reason to KILL innocent people in Vietnam just because their had a different style of government. He was Assassinated for that belief. And Lincoln was shot for his belief that “Christians” should not own slaves.

There is little left of the 3000 cultures, languages, tribes that lived WITH NATURE in the United States before the “Christians” came and killed them all. My mother’s family are farmers and Native Americans. With all the Treaties that have been broken, you can understand why she was skeptical about whether Christians can live up to their word.

If I become a member of Gwangju KyoHoi I will ask to start two working groups. One would be an anti-war and anti-greed group, the other would be a group that works day and night to end prostitution in Gwangju.

Those are two of my ideas as a novice Christian. Christians should be stronger than pirates and thieves.

Capitalism has lowered the value of labor by moving its factory jobs to the cheapest labor it could find, at the expense of all the workers in the USA and Europe that used to be able to raise families on factory work. At least 40 million jobs from the USA have moved to cheaper labor, thus allowing massive greed at the top, while decimating the middle class of the developed countries,and assuring there never will be a middle class in China, Vietnam, Philippines, etc. This is Greed, supported by government laws that give tax breaks to those
who move jobs OUT. (Perpetuating the lowering of the value of labor and greedy profits for those at the very top of the money pile.)

And the USA is famous for moving factories into countries just AFTER a War, or using Freeport-McMoran and other USA companies to rebuild countries we’ve decimated (at the expense of the losing countries too!), or moving factories in after decimating economies via absurdly restrictive IMF loans that often get swallowed up by corrupt officials at the TOP but must be paid back by the very poorest who pay taxes at the BOTTOM. This assures USA industrialists more and more poor countries to find cheap labor in. All put together by
men and women who go to Christian church on Sunday. Oh we can do better.

I hope my point of view fits in well with the Korean Baptists Church’s point of view. So far it seems like it does.

Sincerely,
Your favorite Socialist, “People over Profit”
Doug
PS I am sure you agree that those who claim Christ was conservative are bearing false witness, right?

The Importance of Creativity

Open Secrets, Top Secrets...poemsbelow

Open Secrets, Top Secrets

The Importance of Creativity

By Doug Stuber, Visiting Assistant Professor, English Language and Literature

There is a great book by Rollo May called “The Courage To Create.” Its preface says, in part:

“How did Homer, confronting something as gross as the Trojan War, fashion it into poetry which became a guide for the ethics of the whole Greek civilization?”

Creativity has been a sub-theme of certain conversation classes because it takes real bravery to have a creative life in Korea, yet many still do. To be creative is to risk that no one will like your work, that the official critics will gather and put your work down, that you will be poor, that friends and family alike will not understand your decision to forgo the mainstream lifestyle of earning regular money from an employer which remains the same for life, or for as long as you can stand the job, whether it is creative or not.

Many high-salary jobs, of course, are creative, whether designing new PC Games, making movies, designing clothing or being the curator of an art museum. But something unusual is happening in Korea these days that would make pursuing one of these unlikely careers more likely: 27% of the recently hired university graduates in South Korea are quitting their jobs in less than a year. It’s amazing, considering how hard it is to get a job now.

Being creative has always been likened to being a monk in Asia. You have to be disciplined…in yesteryear that meant mastering calligraphy, poetry and painting. It meant having a life completely immersed in creativity, your soul connected to nature, and perhaps a regular tea, sometimes with friends, and a small garden, or large garden.

These days creativity need not be so reclusive, but the best creative types do spend an awful lot of time alone honing their craft(s). Creative people often lead meager lives…the old rumor is that the first painter do die rich was Picasso. Most of the famous classical music composers were also poor at the bank while providing humanity with a very rich legacy.

KPOP music has given many people an outlet to earn money performing. Their level of creativity will be measured by how long the niche continues, but there are signs it is devouring itself, as one band repeats another band’s melody or motif. The creativity part of music is the songwriter, and too many times the songwriters (especially lyricists) have nothing important to say anymore. These creators are constricted by the norms of “popular,” and thus an entire generation has been robbed of protest music, and outlets for driving social change via creativity.

In the 1950s even the poets (USA) held big sway in the culture, in the 60s through the 90s the poets who could transform their words into music managed to gather multitudes and change society. Which creators will be the ones to point out the wrongs of government and the injustice of capitalism now? How much longer must wage-slavery dominate the earth before the creative types scream out against it?

><><><><><><><><><><><><><><><><

Heinous

The most Heinous thing about the pension cuts is that those legislating the further cuts are so rich they don’t need a pension. Their 401 (k)s are supplemented by millions in investments that, though taxable, use loopholes as simple as trust funds to evade taxes for two out of every three generations.

The Federal Reserve Bank (a private bank) can order up $85 million per day to be printed and,in effect,shipped directly into the New York Stock Exchange,thus propping up investments while foreigners and smart Americans get out. Yet, even while there is ALWAYS money for an increasing number of wars, we can’t find a way to salute our workers with a retirement?

Add rotting schools,expansion of jails, the shipping out of more and more jobs, and you end up with Detroit, Watts, Rochester, Buffalo….and we haven’t even made it to the U.S. Debt!

Paulson saved the bankers as a last great “feat” of eight years worth of Bush et al. Progressives do not amount to 1% of the US Congress. Retirees and Veterans may lead the list of those with grievances, but the robbing of the American work force is vast and complex and there is no sympathy for the wage slaves elsewhere,or the jobs lost here.

Gather with friends and grow your own food. Teach your children how to also.