Hijacking Reforms, by Jere L Hough
The Money-Powers (Wall Street & City of London financiers, bankers, and corporations) that are creating the new world economic order are winning their battle. They may have already won it. The last step is to create rebellion and revolutionary chaos in the USA, and destroy the Obama administration, and any vestiges of representative government we actually have left.
The militant and authoritarian extreme right has all of the money and media on its side of the ledger, and they are winning the war for the minds of the people. Make no mistake. This is not a new war. It has been going on for thousands of years, and been ratcheted up in the last two or three hundred, and several times since then. We are now in the final, or nearly final stage. Soon representative governments will be a memory. At least this will be so for governments that represent the people. Huge corporations and the billionaires behind them will be well represented.
There will also be several tiers of supportive ranks of entrepreneurs, managers and high-ranking government and military personnel who will do well. But the vast bulk of humanity will be either enslaved on some physical or economic level or allowed to starve, drown, or be otherwise thrown away or exterminated in some fashion, from wars, famines, diseases, and any number of other horrors.
This is obviously not a pretty picture, and I wish I didn’t have to describe it. But it is all but inevitable now. Why? I could explain that in many ways, but perhaps the simplest is to say that the “Tea-Baggers” have “hijacked” the reform movements, and are winning false reforms. That is to say that the radical fascist wealthy elite right has succeeded in not only capturing all the means of production and distribution in our culture, but the production and distribution of information and education as well. At least they now have enough of it to sway and hypnotize the ignorant masses any way they choose. The “Tea-baggers” are right wing frauds that have hijacked the reform movements begun by writers and activists like me and other money reformers. The “Tea-Baggers” are the visible marching throngs of people who have been warned that we must really take back our government and our money. They are only one group out of thousands that are acting like reform groups but are really funded and organized by those now in control, and who want to see fake and phony “reforms” that leave things in their control, or more so. Beware these “wolves in sheep’s clothing”. Jesus did not use that phrase lightly or without cause. Those that simply want to tear down or destroy legitimate elected governments are among the worst of these pseudo-reformers.
And ignorance is also a huge key. People have been kept so busy earning a living, caring for their families, or amusing and entertaining themselves that they have failed to inform themselves of the historical, philosophical, social, spiritual and economic principles that form the basis for lasting and successful civilizations whose citizens are capable of governing themselves responsibly.
So the US Constitution our forefathers though provided adequate checks and balances against fatal accumulations of power failed to provide for economic checks and balances. Wealth and power were accumulated and aggregated into the hands of a few who eventually used corporations, cartels and syndicates to replace the power of the people with their own wealth and money powers.
This, of course, is the short version of the story. Very long books have been and will be written to supply all the sordid details.
This writing has another point, and an important one. It is that during the past several hundred years, bankers and financiers who own the interlocking networks of corporations that now rule our world have been waging a massive propaganda war against governments. This war has been especially vicious against democratic or republican representative governments. The reason for this is that only the “people-power” of a strong middle class can protect a society against the aristocratic tyranny of money and wealth.
It is essential that the reader grasp this point. Vast inequalities in the distribution of wealth create an aristocracy far stronger than any that existed by royal bloodlines in the past. Free markets cannot exist in the midst of such concentrations of economic power. They have not existed for a long time now, except in the mythologies the power-brokers spin out to the people, via their corporate mainstream media.
Let me repeat it another way. Political democracy cannot be sustained without some degree of economic democracy. This does not mean everyone should make the same wage, or income. That is a ludicrous idea used to attack attempts to bring economic fairness and justice into the marketplace of ideas. Industry, education, initiative and creativity should always be rewarded. These incentives should never be removed, just as concepts of private property should never be abandoned. However, the economic playing field cannot be sustained when it is a skewed as it now is toward the unrestricted accumulation of wealth and power.
The only real power capable of standing up to the power of wealth is a government of, by and for the people. That is precisely why the war has been waged to destroy such governments, and why that war is at a fever pitch right now. Your government has almost, but not quite, been taken over by the money powers. Whether that happens of not depends on you, and your choices – right now.
The task of the people now is to reclaim its government. Reclaiming the sovereign right of governments to create and regulate money would be a great place to start. That means absorbing the privately owned Federal Reserve System into the US Treasury while simultaneously overhauling that government agency. The US Treasury and all banking operations should be totally transparent to the people and to government oversight and responsibility. Money could even be created at state government or regional economic levels.
However, the purpose of this paper is primarily to warn people that they are being confused, divided, and conquered. All predators operate this way. However the predators we are dealing with are also parasites. Parasites often end up killing their hosts, and that is happening here. Wall Street financiers and bankers are not part of the “real economy” of our nation. Only people who make or create things actually produce real wealth. Bankers and financiers create “phantom wealth” or paper wealth that always sooner or later bubbles to far and then bursts. You are being told that your government is your enemy, and all we need do is “take down” the government, and put another, better one in its place and viola!…everything will then be peachy-keen.
If you’ve bought into this lie you’ve been had by the propaganda machine, and need to separate yourself from the Matrix. You are cheering on Senator Palpatine! Is that your desire? Star Wars the movie showed us how entire planets or even systems of planets can be deceived into falling into the dark side. Yet that is what we are in danger of doing.
Let me repeat. Government is the only agency that even remotely represents the people of the USA. It is big money, unregulated power, and nearly unlimited accumulations of wealth that has co-opted your government, and corrupted much of it over to the dark side.
You are being convinced that President Obama has been co-opted, and must be defeated, but I suggest that is the propaganda the dark side wants you to believe in order to bring down all that stands in their way. They are painting Hitler hair and mustaches on signs of the president. They are smearing and lying about him and the government and I see these tactics working. Don’t allow it to happen. Criticize Obama or his administration all you want. Honest criticism is the duty of a patriot. Just make sure you don’t destroy our representative government along with the criticism.
The Money-powers are doing their best to shift the blame fro the economic collapse away from themselves, where it rightfully belongs, to the newly arrived Obama administration. We wrote about this happening way before Obama was elected, or even got the party nomination. We foresaw it years and decades ago. I wrote of this happening when Reagan was bring his supply-side “Voodoo Economics” and de-regulation policies 30 years ago. De-regulation in general and the repeal of Glass-Steagal in particular allowed the derivatives games and credit default swaps that causes the giant losses that brought down the financial system. And the unwinding is just beginning. There is no recovery in process, except that which is being bought on Wall Street with your taxpayer bail-out dollars. Many more waves are coming over many more years, even under the most far-sighted management of our economy.
But real money reforms along with government reforms could work miracles in a few short years. But heed my warnings. Economists, bankers and their accountants and lawyers must not be allowed to direct these financial and government reforms. That is the fatal mistake I see in our immediate future. It is once again putting the foxes in charge of the henhouse. The wolves must not be allowed to guard the sheep!
Review:
- The money powers who are building the new economic world order have hijacked the legitimate calls for real financial and government reforms, and are calling themselves “Tea-Baggers” among other progressive-sounding or patriotic names.
- Blame for the economic collapse lies squarely with Wall Street and the international cabal of bankers: the IMF, BIS and World Bank, along with all major central banks owned by private stockholders.
- Those criminals who have perpetuated the largest crimes in history are desperately trying to shift the blame to “government” – all governments.
- First they corrupt the government to profit from that corruption, then they pass the blame off on the government they bribed and corrupted. We must find ways to separate the elections process from the money powers.
- We must also find ways to reduce the obscene disparities in wealth and resources, and better compensate labor for its contributions to the aggregate wealth of the planet.
- We must not allow rage and anger to destroy hundreds or even thousands of years of the progression of civilization. We must find ways to extend representative government to more citizens without destroying what we have achieved.
- We must keep our would-be masters and controllers from putting a “new face” on the evil that has been done over years, decades and centuries by the Moneychangers and financiers. The scapegoat they are trying to use now is President Obama.
- Follow the money. Ask, who benefits? Find out where the money is coming from and where it is going. We must find ways to break up monopolies and trusts that are “too big to fail”. Too big to fail is too big to exist.
- We have think beyond old stereotypes for our economies if they are to work for everyone. We may need to rethink the public/private divide and have communities assume ownership of natural monopolies. We have to find new ways to make monopolies accountable to the people.
- We must never underestimate the lure of unlimited and unregulated power. That really is the lure of the “dark side” from which our forefathers wished to protect us. They left the back door of economic and money power open to the usurpers and usurers.
- The only safe repository of power is with the people in the aggregate, and in just and reasonable laws – legislation.
Personally I think it would be a good idea to call a constitutional convention every 40 or 50 years, or even more, if it could be done with just representation. Just representation is the key to it all. I may post this and then follow up with footnotes and references where needed. 70 years of living research went into this paper. It is freely given for your best use.
Jere L Hough
Filed under: bailout, crisis, debt money, economic crisis, Economic Policy, elections, Establishment, Federal Reserve, Global Economic Order, Global Economy, meltdown, monetary policy, money, Money creation, reform, solutions | Tagged: crisis, economic crisis, financial crisis, meltdown, Money creation, money monopoly, MONOPOLY | 3 Comments »
AIG OUTRAGE SHOULD BE PROPERLY DIRECTED
AIG OUTRAGE SHOULD EXTEND TO FED & PAULSON TREASURY
The Fed is NOT the Government! Wall Street Financiers, NY FED, International Central Bankers are to Blame.
Bailout Boil-over
Anger, confusion, outrage, misinformation, disinformation, cover-ups, responsibility avoidance, finger-pointing, political posturing, buck passing, ignorance and outright lies – that is what I’m hearing in all the hoop-la over AIG bonuses.
It’s all a dog and pony show, and the real culprits go unnoticed and the main issues are not even being discussed.
After listening all week and all day today to the angry comments about the AIG retainment bonuses, I’ve just about abandoned all hope of saving our republic. There is just too much ignorance about the real causes of the financial meltdown. There has been a corporate feeding frenzy at the public taxpayer trough since the S&L collapse of 1989, and the Enron scandal and throughout the last several decades. It has grown into a Frankenstein Monster in the past decade, but it has taken far too long for the public to become outraged over the criminal excesses coming from Washington and Wall Street. What we are now seeing is the drama over whether the tail is wagging the dog, and which one is Wall Street and which one is Washington, and our real government.
The vast majority of the news MSM TV commentators apparently know little more about the way the Federal Reserve runs the country than the average citizen. Even more appalling is the sad fact that our senators and congressmen seem so ignorant of the nebulous relationship between the Fed and the Government. Reporters are using the terms “Fed” and “government” interchangeably, and this continues to obscure or hide the fact that the “Federal Reserve” is not part of the federal government. The name is deliberately deceptive to give that impression, when the reality is that it a private for profit banking corporation. It is independent of the federal government, even though there is supposed to be some congressional oversight.
Everybody is outraged about the hundreds of millions in bonuses AIG contracted to the key traders in its Financial Services division. What people should be outraged over is the larger issue of who made the decisions to bail out AIG in the first place. It was the Fed’s sole decision, unilaterally, with no approval or oversight from congress to give the first 80 Billion to keep the company from defaulting on its credit default swaps, the worst and riskiest kind of derivatives.
Too Big to Fail? Or Too big to Exist?
Most of that money went out to other counterparties like Goldman Sachs, JP Morgan, Bank of American and so on, all the “too big to fail” financial institutions. IMO, too big to fail is too big to exist. We should have anti-trust and anti-monopoly laws to protect the American people from the kind of financial rape that is now occurring. And financial rape is exactly what it is, and I am not just talking about just $160 million in bonuses. That is just the tip of the iceberg. The entire financial bailout package was a criminal enterprise designed to rape the US taxpayer out of $Trillions. Not that it hadn’t already been going on for 80 years, but the crooks apparently just decided compound interest on the US Dollars they loan to the US was too slow, so they went for the goose what was laying the golden eggs.
It starts with the Federal Reserve Act of 1913, and the handing over of America’s sovereign right to create and manage our nation’s currency to the Federal Reserve System, and all private banks that indulge in the practice of fractional reserve banking. The details are too complex to cover here. See my website for further information. NEXT: Here’s what is wrong with our system: Continue reading →
Filed under: bailout, economic crisis, monetary policy, Money Crisis, Socio-Economic Commentary, solutions | Tagged: AIG, ANTITRUST, bailout, banking, economic crisis, FED, Federal Reserve, financial crisis, meltdown, money, MONOPOLY, OUTRAGE, Ponzi, POWER, solutions, TREASURY | Leave a comment »