Kimosabe
Progressive Nationalist
Populist Brotherhood
of American Citizen Peacemakers of All
Races and Creeds -- This is our Common Ground!

By Dick Eastman
11-1-8
- What follows is not the
message I intended to send you when I prepared this page to
carry it on Tuesday. I had been writing notes of what I wanted
to tell you over the weekend -- and then -- at my wife's
insistence, cleared off all the clutter on my side of the bed --
books and papers -- and then on Friday when I was ready to sit
down and write it all up -- I could not find it -- not even in
the garbage bin. My mind is old and tired -- I don't remember my
insights that come to me, usually in the morning -- I wake up
with them -- and if I don't get them down on paper never recur
to me. (Apparently I am an optimist only in my dreams -- where I
have on occasion talked with the Long Ranger -- inspiring the
format for the letter I anticipated writing yesterday
afternoon.)
-
- So today you get all
cold analysis and some history -- hopefully you can take the
info and meet up with Kimosabe and Tonto in your own creative
unconscious. (By the way I have voted absentee ballot for
Charles Baldwin for president. He follows closest the Lone
Ranger code -- reproduced below. I hope you will not fall for
the mutual-scare two-party
vote-the-lesser-evil-because-none-of-the- goods-have-a-chance
scam system of controlling you. Nader and Barr are
false-opposition frauds -- I know they foolish as to really
believe the snake-oil remedies they are recommending.) At any
rate, as I write this I hope those good ideas will come back to
me.
-
- It's not that someone
is out to enslave you. You have already been enslaved. A
syndicate of international financiers and national dictators
have already taken over the world and consolidate their power
over it. Now having taken over they are in the process of
looting everyone. Their power over us is complete to the point
where they no longer have to be convincing in their deceptions.
- They impose their
government on us, the charade of a democratic system need no
longer be convincing -- no one has the intelligence or power or
organization or leadership to do anything about it, all of the
components making such resistance possible have been carefully
dismantled.
-
- Am I right?
-
- Let me check.
-
- In 2001 I got out the
men and motives behind the proven fact that bombs went off in
North Tower before the explosion. I showed that a
remote-controlled airliner had already been crashed (EgyptAir
Flight 990 on Oct 31, 1999 carrying Egypt's top military minds.)
-
- In 2002 I pointed to
the multiple lines of conclusive evidence that the Pentagon was
not struck by American Airlines Flight 77, but that the jetliner
people saw approach flew over the crash point just as a bombs
and air to ground missiles struck the building killing the
Pentagon's accountants and destroying their records. I said
multiple conclusive evidence and that is what I mean -- and the
so-called counter evidence was all exposed. And the public was
not able to hear any of this evidence. The trained teams of
opinion managers on the internet, with hecklers and false
opposition (i.e., operatives putting our ridiculous theories to
put alongside the real evidence solving the crime so that the
public, too confused and ignorant and busy in a world gone crazy
to sift for the truth would not be able to discriminate truth
from falsehood and so would merely be stuck in the suspicion
phase without ever coming to a conclusion and a course of
action). Your slavery is already complete. Skinner rightly said
that a people that would allow itself to have electrodes planted
in their brains to control them would not need electrodes in
their brains to control them because control would already be
total to accomplish fact.
-
- The same is true when I
exposed the two-loop economy and how the middle class is
pillaged by it.
-
- The same is true when I
exposed the fact of militarized clandestine weather modification
behind the great weather disasters since the early 1990's. The
facts were amply demonstrated, the science, the fact that the
specialized systems are in place, the fact that weather warfare
has been discussed by Secretary of Defense, that we develop it
because others have developed it. The fact that the laying of
heat-reflective cloud cover to steer weather systems by altering
air pressure in different regions was visible to everyone in the
chemtrails that criss-cross the sky. And I exposed it -- yet you
did nothing -- except watch as the hecklers and phony theory
people once again worked me over.
-
- So, slave, let me tell
you another true story. After World War One, which was arranged
by the same international banking families to effect the same
outcome they are effecting today (which I have written about
elsewhere) there were a lot of new technologies to be exploited.
The international corporations and the Money Power which
mothered them and which had grown even more powerful than they
were under J.P. Morgan in the Gilded Age had their corporations
open laboratories to exploit all of the new technologies. Before
this few corporations had laboratories -- they merely got
control of the inventions of an Edison or a Bell after the fact.
But now they wanted to develop the World War One technologies so
they created laboratories and they funded all of this
development, not with bonds, but with issuing new stock
(creating a bubble like the housing bubble recently created).
-
- Bernard Baruch who led
the World War One economy and controlled most of the technology
that was developed in the war was involved in this as were Percy
Rockefeller and Winston Churchill were, respectively, member and
servitor of this syndicate. But the financing plan did not
really involve the wealth from the newly exploited technology
going to the stock investors who financed the research. Even as
Bernard Baruch was telling people that the stock market would
continue to climb in the 1920's he and other syndicate
financiers was short selling the stocks. I have already
explained when interviewed by Jeff Rense on the subject of
Baruch (listen to the Feb 21, 2007 broadcast here: http://
www.renseradio.com/signup.htm and read the
extensive fully referenced with quotations here -- how the
doctor, Graysen, that kept Wilson sick and helpless during World
War One, met with Baruch every week and that this Doctor
introduced Wilson to the lover (and future wife who ran the
White House for the invalid President) after Wilson's first wife
died in the first week of World War One -- attended by Graysen
-- who also was the White House physician and Baruch spy in the
previous Taft administration, by the way) -- etc. and that is
only a tiny part of the story of Baruch's war profiteering
adventures in the 20th century! -- the footnotes provided to Mr.
Rense are still available to all here: http://
www.rense.com/rewer.htm
-
- But now back to what I
was saying. So the corporations funded the "Roaring 20's"
exploitation of World War One methods and discoveries through
stock financing rather than loans (rather than corporation
bonds) -- fostering the stock market bubble so that new issues
of stock could command higher and higher prices for the
corporations use -- but remember the corporations are really the
Money Power syndicate that controls them, that floats them, that
arranges monopoly power for them. So the common citizen instead
of putting his money in the locally owned single-branch bank
where the bank would then lend it out to local entrepreneurs,
citizens were instead putting their savings into Baruch's stock
market bubble. The idea was brilliant. Instead of having the
corporations incur the debt, the corporations sold equity
(stock) but in a speculative bubble, butting the debt on the
stock buying public. How? By having the public buy on the
margin. The bankers made very easy term call loans to any
citizen who wanted to speculate. The loans to buy stock could be
called at any time by the Money Power lender. Then in October
1929, Baruch and Rockefeller and the Morgan interests etc.
simply called in all of the margin loans, forcing people to sell
their stock to pay the loans. (By the way, did you know that the
securitized housing loans for houses now foreclosing today were
also largely bought on margin? Please stick with this story it
is more relevant to our situation today than you could have
imagined.) So in the first of the three "black days" of the 1929
Stock Market Crash, the market, by this deliberate means of
margin calls, began to tumble. People were selling in response
to the calls but at prices insufficient to repay the loans being
called in. The distressed selling mounted.
-
- The corporation stock
that people had bought over the years in a steadily rising
market were not being unloaded for figures closer and closer to
nothing. The ticker tape, the world's means of keeping pace with
market developments at the time, began to run two hours behind.
It was at this point, as the history books tell it, that the
Money Syndicate (the investment bankers) chose to "support the
market" and buy up stock -- but of course "supporting the
market" was not their real intention, as the ticker was behind
and as they bought up the socks the citizens selling were still
seeing only the ticker tape showing a tumbling market -- the
"support of the market" was in fact pure predation -- ownership
of all of that new expansion of corporations during those
wonderful 1920's was being transferred from the citizen stock
holder to the Money Power syndicate. (This is not to say that
the Coolidge prosperity wasn't real -- it was real and it was
very good -- but the Money Power laid a trap for capturing all
of the fruits creativity and industry and hard resourceful labor
for themselves by this trick.
-
- Coolidge and Mellon
(his Secretary of the Treasury) and Irving Fisher -- the
economist behind the Harding and Coolidge administrations were
innocent off all this Money Power crime -- regardless of what
mouthpiece historians like Arthur M. Schlesinger Jr. may have
had to say about it.) It is simply that no one in the United
States, except Henry Ford perhaps, expected a conspiracy on this
scale -- especially since, then as now, the Money Power
controlled most of the journals, newspapers and radio that had
the eye and ear of the decision making leaders of American
communities. And so the debt of the 1920's boom was all put on
the small people who had enjoyed that boom and who had used
their savings accumulated in that boom to give to the Money
Power's corporations in new stock issues, and it all came
tumbling down with those margin calls. And the grand theft --
they buying up of the stock by the Money Power syndicate as the
well-behind tickers continued to show a falling market was a
trick that was repeated on three "black days" -- on each day
Percy Rockefeller and Baruch met with other top bankers and then
the NY Stock Exchange galleries were closed and the buying up of
the assets all of that investment of all those millions of
people now selling in distress at lower and lower prices, those
citizens selling not realizing that the buyers had re-entered
the market. The result of the "operation" was that all of the
industrial growth of the 20's that was financed by the little
people's stock investments, all those assets -- the tangible
ownership of those factories and laboratories and patents etc.,
were transferred to the money power. And in the process the
money in circulation in the economy was greatly diminished
(since most of our money is checkbook money created by bank
loans -- and when citizens got the margin calls they had to
withdraw their savings from their banks) -- the contraction of
the money supply meant that less money was now in circulation to
pay wages and to buy food and clothing and shelter and Fords and
General Electric washing machines. Demand fell because people
had no money to buy and because credit had disappeared from the
economy. Less demand meant that prices were lower (in terms of
dollars, not "cheapness" because dollars were fewer and harder
to get, i.e., deflation) -- but this meant that either wages
would have to come down proportionally to meet the fall in
prices or else equilibrium would not be restored and some
workers would have to be fired. The policy of both Hoover and
Roosevelt called for maintaining wages -- a fatal mistake --
because there was no longer enough money in circulation to pay
everyone that had been being paid before at the same dollar
number wage as before. And if you were a boss faced with
insufficient payroll to pay your employees, what would you
rather do, give everyone a pay cut and have them all angry with
you, or just let a few go whom you would never have to see
again.
-
- Human nature being what
is is, the employers took the fatal latter course -- which
prevented the economy from returning to equilibrium. The famous
" "downward rigidity of wages" prevented the real economy from
adjusting to the shock created by the great Stock Market Crash
contraction of the money supply. But this economic crisis was
anticipated and counted upon by the money power. Money elite
candidate, backed by Baruch, Franklin Roosevelt ran promising
balanced budgets and redistribution of wealth back tot he people
-- all a lie of course. When Roosevelt took office in 1932 he
filled his party with Baruch men, many of these Communists. The
New Deal was nothing but a return, imperfectly accomplished, of
the Baruch-run economy of World War One -- a peacetime war
economy with regimentation and direction by government for the
big corporations. Gold was confiscated from the people and
thousands of small local banks were closed throughout the
country. Monopoly came to the fore. Businesses could not stay in
operation without the nod of the government. And all of this
time the Federal Reserve did not re-inflate the money supply in
the way that it could have -- buy reducing the reserve
requirement on condition that business loans be made by the new
capital. And so we had a depression even while factories were
idle and a vast capable people who were willing to work were in
enforced idleness.
-
- We had hunger as milk
was dumped into rivers and cattle slain and buried. This was not
over population. This was not the depletion of natural
resources. This was not the "limits of growth" or any of those
other fraudulent excuses. It was not "over production" -- which
is what the whore economists working for Rockefeller called it
-- the people were starving and they could not work because the
factories were idle -- how could that be anything but
"underproduction?" And of course the greatest whore of them all,
John Maynard Keynes, who mysteriously became very rich in 1929,
and who let a committee headed by an appointee of the Money
Power write his book, The General Theory of Employment, Interest
and Money -- corrupted sometime after writing his very good and
praiseworthy books The Economic Consequences of the Peace and
The Economic Consequences of Mr. Churchill. Keynes by 1930 was
bought off -- and the fact that he was a homosexual paedophile
was almost certainly a factor in his corruption as an economist
(ask any U.S. Congressman or Senator how that works and he will
tell you, provided you have his confidence.) The remedy of
Keynes for the contraction of credit, was for government to do a
lot of buying from corporations just as in wartime -- and also
pay a lot of writers and singers to praise the "deal" Baruch and
Roosevelt were giving the people -- rather than giving the
people money to buy their way out of the depression and with
"good inflation" bring prices up since wages would not go down
-- so that people would be employed again (even as those
employed at too high a wage suffered the effects of the
purchasing power reduction that was necessary to restore the
economy to equilibrium) -- rather than doing that -- Roosevelt
and the Fed kept the money supply tight -- kept the deflation
going.
-
- OF course more money in
the hands of corporations (which is how the Fed operates with
its open market operations on the loanable funds market at the
NY Fed Reserve Bank) would not result in new investment and new
hiring -- the problem was lack of Demand, lack of purchasing
power in the hand of consumers. What was needed was Social
Credit -- interest free money in the hands of the people so that
they could buy from each other what everyone could and wanted to
produce -- but could not because of the the constraints put on
the economy by the Money Power syndicate. Rather than having
investment bankers set up a slave plantation where corporations
do what financiers tell them -- social credit would have put
money in the hands of the people -- and so would have Huey
Long's "Share Our Wealth" program which would have taxed the
wealth of Baruch and the Money Power Americans to "give back
some of that food they have taken so much of from the banquet
table that the good Lord had provided for the American people to
enjoy" -- and he was right which is why Weise shot Sen. Long
before he could run against Roosevelt in 1936. And so we have
Keynesianism, where government must do the spending, rather than
the people, to get out of "low employment" and a "liquidity
trap" (dried up credit) -- and of course, whenever the economy
is booming the Keynesian solution is to increase taxes so that
wages do not rise causing "demand-pull inflation" -- and why
does the money power care about whether there is inflation or
not? Simply because they are the creditor class. They own all
the bonds -- they own all the debt -- did you know, btw, that
the so called 'money market' is really the debt market. At any
rate, creditors want deflation because it means that debtors
must pay them with dollars that buy more than the dollars they
lent the borrower in the first place. When money is owned to you
and is coming in along with the compound interest, you want the
purchasing power of the dollar to go up and up (i.e., more and
more deflation).
-
- I should add here --
scanning over this completed letter: That Roosevelt always had
the emergency power to by-pass the Fed and issue Treasury money
interest free and give it to people -- but he never used it.
Instead the Money Power propaganda machine made war on Huey Long
(ridiculed him in the whore newsreels and newspapers and radio)
and gave the silent treatment to C. H. Douglas and his Social
Credit solutions -- both of which we so desperately need now in
2008. (end of insertion)
-
- The only time the Money
Power wants inflation is when the public has savings that the
banks want to confiscate -- in this case we have a bubble in the
money market -- the Fed inflates the money supply, as token Fed
Chairman Miller did betweens Arthur Burns and Paul Volker in the
late 1970's -- robbing America of its savings and forcing the
restructuring of the financial system to force the S & L crisis
and the the massive transfer of wealth to the money power that
followed from it -- under Treasury Secretary Donald Regan etc.
Only when the wealth was transferred did Paul Volker jump in and
immediately return to money contraction to maximize the wealth
of bond holders, now that the assets were captured and the
re-regulation of the financial system effected.
-
- Well, the great housing
bubble was built on margin buying of securitized mortgages --
with the new variation made possible by the derivatives market,
which allows the same margin call scam as in 1929 but with
greater amplification (leverage) and precision for the Money
Power.
-
- And yes, the entire US
ruling class is invested in funds (Morgan Stanely, Goldman Sachs
Group, Schwab that are hitched to the success of the great
Kleptastrophe transfer of asset wealth. The result of the
housing bubble is to capture all of the houses that Americans
used to own and convert them into rental properties.
-
- With our housing being
the last great pocket of citizen wealth to be plundered --
medical system is still fully under the monopoly control of the
Money Power -- and ownership of the homes going to the Money
Power, since the securitized mortgages have been sold in
distress to them at dirt cheap prices and the government forcing
the tax-payer to pay for it (Americans no longer having savings
that they may be suckered into speculating with).
-
- Ignore the big gains of
the stock market -- once the citizens sold their stock, it
matters not what the Money Power Syndicate members do selling
back and for to each other. Those stock prices are going up --
but not going up on the people who owned the stock when it went
down. (Can you guess why the "mainstream" economists and
"mainstream" financial journalists never mention this fact?)
-
- I once prepared a
course in US economic history when I was teaching economics at
Heritage College in Washington State (there were not enough
students to make the class however -- and while doing so I ran
across the following quote written during the depression of 1837
-- when the Rothschilds took vengeance upon this country after
populist President Andrew Jackson left office -- Jackson had
busted the central bank of the day, the Bank of the United
States, located in Philadelphia (where I was born) and headed by
Rothschild agent Francis Biddle -- leading to a era of
prosperity that was abruptly ended when meek and non-threatening
van Buren replaced Jackson as President. The depression was
created by loan calls and the deliberate withholding of credit.
-
- Read the following from
171 years ago -- and see exactly what we face today -- exactly
what the country faced in 1857 (the depression which was the
real motivating cause behind the succession of the Southern
States in the American Civil War) and the many other depressions
(involving Morgan and Baruch and, today, the gang from Goldman
Sachs) since then.
-
- The speech excerpted
below was delivered by Leonard Bacon on May 21, 1837 in New
Haven, Connecticut. See how much of it applies to today:
-
- "A few months ago, the
unparalleled prosperity of our country was the theme of
universal gratulation. Such a development of resources, so rapid
an augmentation of individual and public wealth, so great a
manifestation of the spirit of enterprise, so strong and
seemingly rational a confidence in the prospect of unlimited
success, were never known before. But how suddenly has all this
prosperity been arrested! That confidence, which in modern
times, and especially in our own country, is the basis of
commercial intercourse, is falling in every quarter; and all the
financial interests of the country seem to be convulsed and
disorganized. The merchant, whose business is spread out over a
wide extent of territory, and who, regarding all his
transactions as conducted on safe principles, feared no
embarrassment, finds his paper evidences of debt, and
acceptances and promises which he has received in exchange for
his goods, losing their value; and his ability to meet his
engagements is at an and ... and loss succeeds to loss, till he
shuts up his manufactory and dismisses his laborers. The
speculator who dreamed himself rich, find his fancied riches
disappearing like an exhalation.
-
- "Already, in many a
huge fabric that but a few days since resounded with the roar of
enginery, all is silent as in a deserted city. Already many a
great work of public improvement, upon which multitudes were
toiling to bring it to the speediest completion, that commerce
might ruse upon its iron track with wings of fire, is broken
off, and stands unfinished, like the work of some great
conqueror struck down amidst his victories. Already want, like
an armed man, stands at the threshold of many a dwelling, where
a few days ago, daily industry brought the supply of daily
comforts.
-
- "What more may be
before us in the progress of God's judgments -- what tumults --
what convulsions -- what bloody revolutions -- we need not now
imagine. It is enough to know that this distress is hourly
becoming wider and more intense; and that no political or
financial foresight can as yet discover the end.
-
- "Amid these present
calamities, and these portentous omens of the future, it is not
strange that many minds are seeking, and all voices are
debating, the cause and the remedy."
-
- In 2008 the world is
suffering from the Great Kleptastrophe, one of a long line of
Kleptastrophes. There are winners. Real wealth that people have
lost has been transferred to these winners, thanks to the boys
from Goldman Sachs, the masterminds of the Kleptastrophe The
Kleptastrophe is part of an ongoing policy of the International
Money syndicate (remember, the money market under monopoly
credit is the debt market) for controlling the trade and
industry of the world and the token systems which control
everyone's behavior in a world where no one and no national
economy is any longer self-sufficient and all linkages among
nations are in the Money Power's hands. The Kleptastrophe has
been a self- provided blessing for every usurer and money lender
in the world.
-
- Credit which we need to
make industry industry provide for us is being deliberately kept
scarce. And the stupid remedies of Bob Barr and Ron Paul for a
gold standard are exactly what the creditors and usurers want
most -- that Americans should be forced pay back in gold what
was costless to lend to them in the first place. They would love
that purchasing power (the goods and labor that the dollar will
buy -- keeping real wages low, in other words) of each dollar
owed to them be maximized, that people have to work longer for
each dollar they have to pay to a creditor in fixed amounts at
compound interest each month.
-
- We don't need gold.
We don't even need new dollars to be printed.
-
- All that is needed is
Social Credit for interest free injections of purchasing (and
debt paying) power to households and small entrepreneurs. But
that is not allowed. As in the 1930's and the 1830's gold as
legal tender (dollars were redeemable in gold and also
constrained by the amount of gold the gold holders would permit
in the system) limited the purchasing power of the public,
placing boundaries on our standard of living that had nothing to
do with our capacity to produce, our natural resources, our
ingenuity, our transportation and industrial means, but had
everything to do with monopoly of credit -- as I was saying, in
the 1930's and 1830's gold was the constraining legal tender --
today it is the dollar reserves in the banks against which loans
are made. And the Federal Reserve could have expanded credit at
any time to head off the Kleptastrophe if that was their
intention -- and we can NEVER ascribe ignorance of the relevant
economics to the Money Power, the effects they get are the
effects they have hired people to effect!
-
- All the Fed had to do
was reduce the reserve requirement that banks must hold for each
dollar they loan out -- so they could extend their loans
outstanding or make new loans (at no interest cost, since the
freed reserves are already in their possession -- the loans
would be costless to them -- the stimulation that would have
save the economy -- if saving the economy had been the plan.
-
- But Americans were
starved of purchasing power and forced, with great help from
high pressuring selling, to get second and third mortgages on
their homes or to refinance throwing all of their debt into
their home loans in order to stay afloat a little longer, not
knowing how they could ever dig out of the debt -- vaguely
hoping that their individual "luck" would improve and they would
get a higher paying job etc. --which of course is impossible for
everyone to do in a credit (and purchasing power) starved
economy.
-
- Yes, as Oswald Stoll
(his book The People's Credit) and Arthur Kitson (books A
Scientific Solution to the Money Question, 1894, and The
Fraudulent Standard (1917) pointed out in the 19th century and
C. H. Douglas (Social Credit and a dozen others) and Frederick
Soddy (book: Wealth, Virtual Wealth and Debt, which was
dedicated to Kitson) in the 20th and Richard C. Cook in the 21st
(read his book We Hold These Truths: The Hope of Monetary Reform
which I understand came out last week) all have argued --
information of extreme importance to EVERY member of the every
American community -- when credit is monopolized American
businesses and families are forced out of their factories and
out of their houses because the checkbook money that could
sustain them is no longer in circulation. Yes, the government --
that is Congress, the President and the Supreme Court -- could
allow for national social credit to prevent this, but they do
not. The governments bailouts are not for the distressed
producer/householder but for the financiers who are buying up
all of the foreclosed properties and distress sale assets. And
those bailouts are not from social credit -- the national credit
-- but from government loans from the very bankers who created
the Kleptastrophe and are receiving the bail money in ways
described in this earlier letter
http://groups.yahoo.com/group/frameup/message/29495 to
the frameup yahoogroup. (The article and others about the
Kleptastrophe can be read at on rense -- use his search engine
to find articles by "Dick Eastman" at
www.rense.com . )
-
- Today credit is limited
and bankers are not extending credit because they know the
American people have been rendered insolvent
-
- by deliberate
purchasing power starvation by the Fed. (The new money being
pumped by the Fed is going to the top loop people to finance
their purchase of bargains resulting from our distress selling.
It is not going to bail us out. I have mentioned that the money
Treasury had given to banks to buy foreclosed assets is enough
to build 1000 World Trade Center towers -- but none of it is
going to building anything -- the rich don't want a lot of new
houses -- new houses is new supply in the house rental market
and they lose money -- they want to buy up existing houses and
rent them and keep the supply short and, therefore, the rent
high.
-
- All this is going on
and yet the bankers and the Goldman Sachs men at Treasury and
the Fed act as if they are doing us a favor for which we should
be grateful and respectful -- and of course that is how the
hirelings on the media portray it. But whose credit is it that
the bankers are withholding from us, ours or theirs. Who puts
securities or houses up as collateral for these loans? Who
produced the assets that are collateralized, the borrower or the
lender? What did it cost the bank to take our mortgaged house or
bonds in order to "secure the loan" the creditors extend -- and
if it is "secured" where is the risk they took? The risk is all
taken by the borrower. The financial sector isn't losing
anything, it is merely converting paper assets, your mortgage,
into real ones, i.e, your former house. They did not part with
one cent of their own assets to make this loan. And they --
their club of the Money Power -- had the means of turning off
your ability to meet debt obligations that seemed reasonable at
the time you took the loan
-
- -- before they raised
fuel prices purely through their monopoly power. (Prices down
temporarily for duration of the election season, as I am sure
you already suspect.) When the bank made your mortgage loan the
bank's (or whatever lending institution it was) their assets
actually increased. They got the foreclosure rights on your
house and they got your IOU for which you pay interest.
-
- They lost nothing and
gained your house and -- through the new tighter bankruptcy laws
-- your continued debt slavery after you have been dispossessed.
-
- Yet as I said -- as
Kitson, Douglas and Cook have said -- the people's credit has
been sequestered by the Money Power and they are using it to
enslave us and it is not necessary that this be happening. We do
not have to allow national credit to continue in the hands of
the privately owned companies who are able to tax the
communities of this nation to any degree they choose (for all
loss through money manipulation of this kind is a tax imposed by
the private Money Power on the people -- as well as the
incidence of the tax imposed by the government to pay the
interest and principal on these vast bailouts etc. And so we
have all the means in this country to provide for ourselves
(although now most of our resources are owned by foreigners as a
result of the Kleptastrophe --the government lands, for example,
are collateral on the national debt as is the taxed paycheck of
our children and our children's children and their children as
long as your posterity may be lucky (unlucky) enough to survive.
-
- The business of the
world is carried on by means of loans, loans that float
corporations, loans that expand industry, loans to governments
for infrastructure and loans to buy political power.
-
- Loans and credit are
co-extensive -- when you have a loan the bank takes your house
or company or securities and gives you a checking account
against the bank which you can start distributing as you buy and
hire and those receiving those checks will deposit those checks
in banks who will then count those deposits as new reserves on
which, in our fractional reserve banking system, will create new
deposits by making new loans to a fraction of the new deposit
they have received. And just as deposits of fresh credit led to
multiplication of industry, opportunity and plenty, now the
reverse happens. And those new loans will then be spent and the
sellers will take those checks and deposit them in their banks
allowing still more new loans.
-
- The economy then grows
by leaps and bounds -- prices go up, yes, but wages go up too
and enough so that purchasing power of the citizen is actually
increased as his services are bid up in a "sellers market for
labor" -- what the Money Power hates the most of course. And so,
with their leveraged position in international markets and their
control of credit, the Fed, Congress and the media they arrange
Kleptastrophes.
-
-
- When loans --
especially by sudden margin calls -- the process of expansion is
reversed -- each called in loan means that people will not be
able to meet obligations and their banks will call in their
loans -- the real interest rate for American citizens, American
production is further destroyed, more jobs are lost, is raised
(not the rate set by the Fed which is the rate at which banks
borrow from the Fed) until we have a situation like you are
seeing around you today. All unnecessarily. And of course the
prosperity the candidates are promising, "after a lot of
suffering," is really impossible -- impossible that is, as long
as we continue to stand for it. The Fed and its monetary policy
are merely a break upon the people who are in competition the
the Money Power's international corporations.
-
- Interest is the
monopoly charge on national credit -- us being charged by banks
for making loans on collateral that we ourselves own -- it is
usury payment to on privileged class, the Money Power interests.
Interest is the price of legally created scarcity purely
financial in nature. The Austrian Economists are wrong who say
that interest is the effect of present goods being worth more
than future goods. Alfred Marshall was wrong when he said
interest is the "reward of abstinence." The government can make
loans right now -- make them a permanent steam of payments --
without financing them with taxes or with borrowing from the
Rothschilds. It would not be inflationary, because the nation
has so much idle capacity, so many gifted unemployed (I have not
had a job since I was fired as a Blockbuster clerk after eleven
years -- since I taught economics only part time as adjunct
faculty -- and I know other people are capable of producing more
value from society than society is willing to pay -- even though
that value would be such a boon. But the merchant bankers, the
Money Power, are the predators of the world -- they have been
causing poverty and death all around the world for centuries --
why should they treat Americans, who are not of their tribe or
creed or class, any differently? To them their is their gain
from us -- the plunder is the reward of free trade and free
competition -- and any attempt to take back any of that
ill-gotten gain is a violation of sacred property rights written
expressly to protect the privileges and vested interests of
these Money Pirates in holding on to their booty. No one notices
that the market system is supposed to be based on competition,
not monopoly of credit, capital and land. No one notices that
the consumer, the household is supposed to direct production
through consumer demand (which social credit -- purchasing power
going directly to the household, to families and domestic
businesses -- would permit) so that demand can call forth
American supply. But instead the money power drains our blood
and takes our savings and wealth and invests it in the
industrialization of China because the Dictatorship of China is
allied with the money power and sells the labor of its
population as any corporation would sell the services of its
machines. They burden our trade and limit our output of wealth
making us paupers when we could be, as Huey Long promised,
"Every Man a King."
-
- Do we really want the
Goldman Sachs pirates determining whether this country shall be
solvent or insolvent?
-
- As economist Walter
Bagehot wrote in his book Lombard Street, as quoted by Kitson in
The Fraudulent Standard:
-
- "All our credit system
depends upon the Bank of England for its security. On the wisdom
of the directors of that Joint Stock company it depends whether
England shall be solvent or insolvent.
-
- This may seem too
strong, but it is not. All banks depend on the Bank of England,
and all merchants depend on some banker!"
-
- On this Aruthur Kitson
commented:
-
- "It speaks volumes for
the honesty of British bankers as a class (compared to those of
other nations) that they have, generally speaking, so moderately
used the enormous powers which privileged legislation has placed
in their hands. But it must be remembered that they are members
of a larger circle of cosmopolitan financiers who operate in all
countries and are not troubled by the scruples of most of our
British bankers. And who is to ensure a continuance of this
policy of moderation? And what is to prevent our bank shares
from falling entirely into the possession of a syndicate of
unscrupulous cosmopolitan financiers ... Bank shares are
purchasable with money. Imagine the results, if the bulk of
these shares fell under the control of some foreign syndicate,
whose policy might be to destroy British commerce!"
-
- "So why the Lone
Ranger, Dick?" Because, even Arthur Kitson gave too much credit
to "our British bankers" in not realizing that the "cosmopolitan
finaniciers" had already captured Britain and had already
captured the United States -- remember what the Civil War was
really about, what the election of Wilson was really about. I
draw on the Lone Ranger, because that is the only model of the
mental approach we must take to this kind of crime against us
all. As you can learn from the wikipedia article on him:
-
- "The Lone Ranger never
shoots to kill, but rather only to disarm his opponent as
painlessly as possible. (We have to get out of this mess with
the least death and pain possible.] The Lone Ranger never wins
against hopeless odds. [We need to have realistic expectations
of how we are going to overthrow the Goldman Sachs gang.] Even
though The Lone Ranger offers his aid to individuals or small
groups, the ultimate objective of his story is to imply that
their benefit is only a by-product of a greater achievement --
the development of the West or our Country. His adversaries are
usually groups whose power is such that large areas are at
stake. [This is the big one.] The Lone Ranger does not drink or
smoke. [And we have to get free of the corrupting and degrading
vices that this alcohol, cocaine, pornography and
violence-and-domination glorifying society has imposed on us.]
-
- The Money Power bankers
and the Chinese (whose leaders were put in power by the bankers
-- Rockefeller, Kissinger, Zhou Enlai and Deng) after allowing
us to live on credit they extended as we exported all of our
industrial capital to China -- now are withholding that credit
so that we all crash and, most fatally, fail in having the means
to feed, warm and otherwise provide for ourselves. (See the last
part of the letter from 1837, above, for a better statement of
our present position.) They are waging asymmetrical economic
warfare against us. War led in the battlefield by saboteurs of
the Goldman Sachs gang. Neither economics nor political science
as taught in our schools and universities has equipped us to be
able to cope with this model.
-
- Good men are forced to
fall back on the Lone Ranger model of their childhood -- we at
least that is what I find it best to fall back on.
-
- [Not quite a
digression: I've already sent my five box tops and one dollar
for the the code ring. I hope you will send in for yours so you
can send this message to good scouts you may know.
-
- (And do it before
Johnny Depp destroys the Lone Ranger image forever. I remember
when the lawyers forced Clayton Moore to take off his mask and
stop making appearances as The Long Ranger -- so they could make
their movie showing the Lone Ranger to be a fool and Tonto the
politically correct native American who taught him how to shoot
and ride and use silver bullets, when, in fact, Clayton Moore
and Jay Silverheels gave us the the best role-model
representation of close and equal friendship between ever
portrayed in American television or cinema. Leave it to present
day Judeo-pornographic culture to try to impose a homosexual
angle on the Lone Ranger. Perhaps after reading this you will
understand why they do that. See the Long Ranger code, below. It
doesn't matter who owns the rights to the Lone Ranger now -- I
honor and owe my debt to the men who created and embodied the
concept -- back when the real and populist Walt Disney was still
alive.]
-
- Do you think the
Congressman you will be voting for understands that? Could a
Congressman ever understand and say and act on that analysis and
remain a Congressman very long? Or a President? (I am not
expecting Chuck Baldwin to institute social credit -- but at
least he is on our side and lives up to the Lone Ranger code
(below).
-
- One more thing --
compare the message of this old Depression song from 1931 with
the message of Leonard Bacon from 1837 given above.
- Aren't we all feeling
like that today in 2008?
-
-
- Brother, Can You
Spare A Dime? (1931)
- by Yip Harburg
-
- They used to tell me I
was building a dream, and so I followed the mob,
- When there was earth to
plow, or guns to bear, I was always there right on the job.
- They used to tell me I
was building a dream, with peace and glory ahead,
- Why should I be
standing in line, just waiting for bread?
-
- Once I built a
railroad, I made it run, made it race against time.
- Once I built a
railroad; now it's done. Brother, can you spare a dime?
- Once I built a tower,
up to the sun, brick, and rivet, and lime;
- Once I built a tower,
now it's done. Brother, can you spare a dime?
-
- Once in khaki suits,
gee we looked swell,
- Full of that Yankee
Doodly Dum,
- Half a million boots
went slogging through Hell,
- And I was the kid with
the drum!
- Say, don't you
remember, they called me Al; it was Al all the time.
- Why don't you remember,
I'm your pal? Buddy, can you spare a dime?
-
- Once in khaki suits,
gee we looked swell,
- Full of that Yankee
Doodly Dum,
- Half a million boots
went slogging through Hell,
- And I was the kid with
the drum!
-
- Say, don't you
remember, they called me Al; it was Al all the time.
- Say, don't you
remember, I'm your pal? Buddy, can you spare a dime?
-
-
- Well, that's more than
anyone is going to read, and its hasta luego, populistas.
-
- And remember to keep
with me the "Creed of the Lone Ranger."
-
- Dick Eastman
- Yakima, Washington
- oldickeastman@q.com
- Every man is
responsible to every other man.
-
-
-
-
-
- Here, from wikapedia,
is the original creed of "the Lone Ranger":
-
- "I believe.....
-
- That to have a friend,
a man must be one.
-
- That all men are
created equal and that everyone has within himself the power to
make this a better world.
-
- That God put the
firewood there, but that every man must gather and light it
himself.
-
- In being prepared
physically, mentally, and morally to fight when necessary for
that which is right.
-
- That a man should make
the most of what equipment he has.
-
- That 'this government
of the people, by the people, and for the people' shall live
always.
-
- That men should live by
the rule of what is best for the greatest number.
-
- That sooner or
later...somewhere...somehow...we must settle with the world and
make payment for what we have taken.
-
- That all things change
but truth, and that truth alone, lives on forever.
-
- In my Creator, my
country, my fellow man."
-
-
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Go to our Huey Long page
T. W. Huges:
All Over Again --
The International Banking Conspiracy
and U.S. Presidents
Who Advanced It (1944)
From Dick Eastman with an introduction
by Dick Eastman
Introduction to this
astounding history by T. W. Hughes
Or do you think you don't need to know how
.....the Money Power came to be our masters using puppet presidents?
More reassuring to them than their control of nuclear and
biological weapons or weaponized clandestine weather modification
or asymmetrical monetary and credit warfare and monopoly power
is there security in you not knowing that they exist and are steering events.
This short history of their key actions in the 19th and early 20th centuries
deprives them of that defense. This is the story which if known by the world
would spell the end of the Global Money power.
The facts presented here supply us with the exact reason why
the composition of Barrack Obama's team are harbingers
of further dearth and death.
I see this history as important for defeating the deadly evil we face
in the Obama presidency, for understanding how Obama
and his three predecessors came to power and why....
Day One
Jim Kirwan
11-6-8
...The first twenty-four hours
are now history,
and the first indications are that there are
surprises waiting for those that 'believed,'
perhaps too soon; in the literal application
of Obama's implied promises for real change
that already seems to be imperiled.
The message from around the world lies
in the hope that Obama will begin
to encourage peace and end the foreign
policies that have destabilized so much
of the world today. Here are some excerpts
from a round-table discussion
on Democracy Now this morning...
The talented Mr. Greenspan
salon.com > News Jan. 10, 2000
The Federal Reserve chairman has resisted
slowing the economy while waiting for his reappointment,
but will he put the brakes on now?
By Ian Williams
....For example, reportedly he is a staunch atheist,
but that did not stop him taking an oath on the Talmud
(held by his aged mum) to become chairman
of Nixon's Council of Economic Advisors,
while his prophetess Ayn Rand beamed away in the front row.
Apart from his quasi-cultist past, the main problem
with Greenspan is that he has too much power based on
his alleged powers of economic prediction....
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