Tag Archives: politics

Creting the new paradigm economy

There has been over the years, no shortage of common sense ideas that have the power to create a world that works for everyone. Many of these are included in this recent article. I leave it to the reader to use their good judgement in sorting the wheat from the chaff. –t.h.g.

Six Economic Steps to a Better Life and Real Prosperity for All

By Gar Alperovitz and Steve Dubb

We’ve got to break out of the old ways of thinking about the economy.

Most activists tend to approach progressive change from one of two perspectives: First, there’s the “reform” tradition that assumes corporate control is a constant and that “politics” acts to modify practices within that constraint. Liberalism in the United States is representative of this tradition. Then there’s the “revolutionary” tradition, which assumes change can come about only if the major institutions are largely eliminated or transcended, often by violence.

But what if neither revolution nor reform is viable?

Paradoxically, we believe the current stalemating of progressive reform may open up some unique strategic possibilities to transform institutions of the political economy over time. We call this third option evolutionary reconstruction. Like reform, evolutionary reconstruction involves step-by-step nonviolent change. But like revolution, evolutionary reconstruction changes the basic institutions of ownership of the economy, so that the broad public, rather than a narrow band of individuals (i.e., the “one percent”) owns more and more of the nation’s productive assets.

More…

Realpolitik 201, by Richard K. Moore

Realpolitik 201 by Richard K. Moore

The money power preys upon the nation in times of peace and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy. —President Abraham Lincoln, before his assassination by Rothschilds’ agents

The real rulers in Washington are invisible and exercise power from behind the scenes. —Felix Frankfurter, United States Supreme Court Justice, 1952

Of course there is a class war, but it’s my class, the rich class, that is waging the war, and we’re winning. —Warren Buffet

There is something behind the throne greater than the King. —William Pitt, 1770

What is not already obvious here? —A Plebeian

Greetings,

In Course 101, we examined the work of some thorough and reliable researchers, giving us a basic picture of who is guiding world events, how they exercise their power, and what their basic agenda is. In 201, we will be looking at how to make use of this basic information, and we’ll look at some examples, re/ interpreting ongoing events.

But first, let’s summarize a few key points about the bankster elite, using a few quotations from our sources.

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…the powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrive at infrequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements [BIS] in Basle, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations.

In the years before and during WW1, the Secret Elite took control of virtually the entire banking, industrial and armaments might of the British Empire and the United States… Namely, J. P. Morgan, J.D. Rockefeller, Jacob Schiff and Paul Warburg in the US, and Lord Nathaniel Rothschild in England

They controlled the press, the politicians and more importantly perhaps, they controlled the Federal Reserve System and the Bank of England. Professor Quigley clearly explains and details their ‘triple front penetration’ of politics, the press and education. Virtually every major geopolitical event over the last century stems from this tiny, all-powerful clique.

—-

The first thing one needs to do, to make use of this kind of information, is to contemplate a bit on what it implies, and on how it relates to what’s going on in the world today. One observation that emerges from such a contemplation is that we seem now to be in the endgame of the installation of the ‘feudalist’ system envisioned by the banksters, back in their early planning days…

By acting in concert and in secret, in alliance with associated financial institutions, the central banksters orchestrated the banking system collapse of 2008. By their control of politicians, they then achieved a transfer of insolvency from banks to national treasuries (the bailouts), creating an economic regime of unrepayable sovereign debt, a trap that will soon also ensnare the USA, Germany, and the rest. The banksters are then using this debt-enslavement to impose an austerity regime that is reducing Western populations to the level of feudal serfs, disempowered both economically and politically.

The feudal model applies quite closely to what is happening. As nations are forced to sell off all their assets (universal privatization), in a hopeless attempt to escape from insolvency, a situation is created where all land and resources will be owned by corporations, and ultimately controlled by the banksters, just as in feudal days all was owned by the lords of manors, and ultimately controlled by the crown.

The main difference seems to be that the bankster regime will be more centralized than the feudal system was. With modern communications and technology, there is no need for subsidiary lords and nobles, with their own semi-automous realms, to provide a stable political platform for the royal realm. In the bankster regime, it is more like all estates will be owned directly by the crown, with centrally-appointed estate-manager technocrats enforcing central directives locally. Exactly as we see unfolding now, most clearly in Greece, Italy, Spain, and Ireland, where Goldman Sachs, co-orchestrator of the collapse, is providing some of the estate-manager staff.

It seems that we have a very good fit, between design and outcomes – the bankster clique is evidently still very much in charge, on course, and in the endgame of installing their long-sought neo-feudal world order.

I emphasized that paragraph, because it is the central thing to keep always in mind when seeking to interpret the meaning of unfolding events. In particular, it is important to contemplate on what it means to be in an endgame scenario.

When you begin making your bold endgame moves, pushing toward a forced checkmate, you must have a combination worked out, so that you prevail against all available lines of defense. Otherwise your bold moves may open you up to a decisive counter-attack and rout. And quite clearly, the bankster clique has demonstrated over the years its proficiency, and thoroughness, as regards chess-like great games. If we are in the endgame, then we can be sure they have preparations in place to deal with all aspects of the transition to the new regime, taking into account alternatives available to other players in the game.

One of those players is us 99%, who might be expected to rebel, in one way or another, as we see our society being destroyed, and as the perpetrators become more and more visible, as they reveal their endgame moves. Their preparations to deal with us are very clear: the ‘anti-terrorist’ no-civil-rights legal regime, militarized and federalized police forces, and crowd-control protocols based on suppression by any means necessary. All of this facilitated by false-flag events that created the excuse. Ducks carefully arranged in a row, prior to endgame moves.

Russia and China are the players, at the geopolitical level, who have alternatives available that can effect the nature of the endgame. They are also players with an impressive centuries-long track record with chess-like engagements. They know very well the nature of the endgame they find themselves in, and they want desperately to force a multi-polar draw, and prevent a unipolar checkmate.

The bankster elite, however, have demonstrated over the years singleness of purpose, and a total unwillingness to accept anything as an outcome other than complete, unchallenged, unshared power. A multi-polar outcome is not on the table for consideration, in their endgame plans. If Russia and China will not capitulate, the regime will be forced upon their territory by whatever means necessary, based on the preparations that have been made.

Among those preparations is a first-strike nuclear capability, with US bases and missle-defense systems surrounding Russia and China, with tactical nuclear weapons widely deployed, under the control of local commanders, and with electronic satellite-based systems that can critically disable the communication and defense systems of adversaries.

In order to interpret unfolding events, one needs to be aware, at a visceral level, that we are in the midst of a dynamic transition process, involving the rapid demolition of an old order, and the rapid creation of a new order, all being carried out according to a carefully designed game plan. With this awareness, the mainstream media can be very helpful in tracking the ongoing moves of the endgame. For the mainstream media has a very predictable way of covering key moves in the game, key shifts in the board positions.

For a start, such moves are always given front page attention, as leading news items. Always with these moves some old-system taboo is being violated, and some new-system principle is being put in place as a justification. The function of the media is to dismiss the taboo as out-of-date thinking, and embrace the necessity and wisdom of the new principle, despite unfortunate side-effects that cannot, unfortunately be avoided.

Thus torture becomes acceptable, along with unprovoked invasions, drone strikes on the civilians of allies, targeted killings of your own citizens, supplying arms to active Al Qaeda terrorists, and the list goes on. By following the headlines associated with dramatic incidents, and reading the propaganda copy, you can track the step-by-step demolition of the old order, and the systematic construction of the new system architecture.

This applies to all aspects of society, not just to geopolitical events. Wherever you see dramatic precedents being set, in leading news stories, you are probably seeing signs of what is being abandoned, and what is being planned for the future. The example that comes most quickly to mind is the celebrated swine flu ‘pandemic’, which was carried on mainstream media for many months, and which led to the setting of several important precedents.

Not only was the definition of pandemic given a nonsense redefinition, but a regime was set up where the bankster-controlled WHO can decree a pandemic on the flimsiest of excuses, and can designate which vaccines must be used in treating it, with no accountability as regards testing, and with no liability being assumed for any ‘side effects’. In addition there was an intense and ongoing worldwide propaganda campaign about the value and necessity of getting vaccinated.

And there were clearly steps being taken toward creating a forced-vaccination regime, beginning with health workers all over the world as a test population. If total control over the global population is the goal, then the ability to inject arbitrary substances at any time into the bodies of any segment of the population is certainly a very powerful tool to have in your toolkit, whether it be to narcotize, hype-up, temporarily disable, or eliminate altogether.

And this ends Course 201, of the Realpolitik series. If some of you want to try your hand at interpretation, by delving into some dramatic media story line, we can perhaps continue with a seminar series. Your analysis is just as important as your conclusions, as regards any seminar contribution. What we’re after is an understanding of why a given precedent is relevant to the new regime, and what that indicates about the nature of the new regime.

rkm

Richard K. Moore is a political analyst and author of Escaping the Matrix

Who buys US bonds when foreign countries and investors won’t?

Answer: The Federal Reserve

Question: Where does the Fed get the money to buy the bonds?

Answer: It creates it.

That’s right, the Fed has no money, but the Congress long ago empowered the Federal Reserve Bank to create money by buying government (and other) securities. This is known as “monetizing the debt,” which amounts to nothing more than “legalized” counterfeiting of dollars, and it has the same results as the injection of any other form of counterfeit money—the dilution of purchasing power of all the dollars already in circulation and the erosion of the value of all dollar-denominated assets.

Currency inflation must ultimately result in price inflation as those empty dollars (based on empty promises) work their way through the economy. Further, as those Fed-created dollars get deposited in banks, the banks are able to multiply their lending on the basis of these new “reserves.”

In an opinion article that appeared in the Wall Street Journal last Wednesday, a former Treasury official says that:

“The recently released Federal Reserve Flow of Funds report for all of 2011 reveals that Federal Reserve purchases of Treasury debt mask reduced demand for U.S. sovereign obligations. Last year the Fed purchased a stunning 61% of the total net Treasury issuance, up from negligible amounts prior to the 2008 financial crisis.”

You might consider that to be a stealthy form of “quantitative easing.”

You can find out more about that, along with some pretty good analysis in an article that appears on the Money News website.

The Worsening Debt Crisis – An Interview With Michael Hudson

Michael Hudson is a very astute observer of economics, finance, politics, and history.
When he speaks everyone should pay attention.

I strongly recommend that anyone who wishes to understand, not just economics and finance, but our general socio-political predicament should read his entire interview.

I agree with his statement that “The economy has reached its debt limit and is entering its insolvency phase. We are not in a cycle but the end of an era. The old world of debt pyramiding to a fraudulent degree cannot be restored.

He says “the only basis for borrowing more is to inflate the price of real estate that is being pledged as collateral for mortgage refinancing.” That was the reason for the banks creating the real estate bubble in the first place, to provide a basis for lending ever more credit (debt-money) into circulation.

The political debt-money system contains a debt and growth imperative because of the compound interest that is attached to loans. To keep the game going there are two choices, expand debt by lending to the government sector (by running budget deficits), or expand debt by lending to the private sector (liberal lending to enable people to buy whatever (real estate, stocks and other securities, commodities, education (student loans), cars and other stuff, what else?)). When incomes are not sufficient for the debt burden to be carried, defaults occur. Defaults can be denied and deferred by various tricks — e.g., refinancing to reduce payments by extending length of repayment. When a financial institution has such extreme cash flow problems as to be unable to continue denial, the government will come in with a bailout plan that leaves the taxpayer to foot the bill. Now, it becomes the public sector’s turn to carry the expanding debt burden.

I am in full agreement with Hudson’s claim that, “It is pure hypocrisy for Wall Street’s Hank Paulson to claim that all this is being done to “help home owners.” They are vehicles off whom to make money, not the beneficiaries. They are at the bottom of an increasingly carnivorous and extractive financial food chain.”
The parasitic nature of the system becomes ever more evident. Either the host becomes increasingly sick and eventually dies, taking the parasites with it to the grave, or the host will act on the increasingly strong signals of malaise and find a way to expel the parasites or keep them in check. Nature shows us that co-existence is a possibility but only if the parasites are held within certain bounds. The New Deal of FDR was a temporary expedient to do just that. One could argue that FDR saved Capitalism.

Hudson clearly states what I have been trying to get across to people: “What people still view as an economic democracy is turning into a financial oligarchy. Politicians are looking for campaign support mainly from this oligarchy because that is where the money is. So they talk about a happy-face economy to appeal to American optimism, while being quite pragmatic in knowing who to serve if they want to get ahead and not be blackballed.”

So don’t expect Obama to do much different.

Hudson correctly observes that “financial interests have replaced the government as society’s new central planners.”
They control politics and everything else. – t.h.g.