CAPITALISM AMERICAN STYLE SHOULD BE DEAD
LIKE COMMUNISM SOVIET UNION STYLE!!
(Unedited/Unabridged
2011)
Laissez-Faire-unregulated Capitalism
Should Be as Dead as Soviet Communism. Capitalism, Laissez-Faire or without regulations is subject to
greed, amorality, mean spirited exploitation which makes an institution that
will harm all other institutions in a civilized society! This is why American
and the world have been brought to an economic clasp in the 2000s! The
Routhchilds set the seeds of this Capitalism disaster in the 1700s.
The collapse of Communism as a political
system sounded the death knell for Marxism as an ideology. But while
laissez-faire capitalism has been a monumental failure in practice, and soundly
defeated at the polls, the ideology is still alive and kicking. It has survived
by being sold as a natural institution controlled by a Natural Law called, “The
Free Market System”! This Free Market System is described as one of
self-regulating constructs that if left alone without regulation wills self
regulate and serve to the betterment of all civilizations. It will in the end
“do no harm” to humans!!
The only place you can find an American
Marxist these days is teaching a college linguistic theory class. But you can
find all manner of free market fundamentalists still on the Senate floor or in
Governor's mansions or showing up on TV trying to peddle the deregulation snake
oil.
This
seems to have been recognized in the early eighteenth century. When kings and
Queens wanted to do business and move large resources of Gold, silver, and
precious jewels they had to send them by overland and sea modes of
transpiration. This made it easy for enterprising pirates to hijack the ransoms
as they were moved about and make off with the booty. But then a very smart
tribe or group of people got together and concluded that if they could take
responsibility for this movement of wealth they would have control of the life
blood of the nations. This brilliance was attributed to the Rothschilds. These
people form a trust group, a The
Rothschild Octopus, with tentacles in many countries and
moved or made transactions by the words or mouth or passage of paper promises
sent from one person to another.
The Rothschilds took the American Banking Industry in 1813. (Thomas D. Schauf, THE FEDERAL
RESERVE IS A PRIVATELY OWNED CORPORATION, Americans Have Been Deceived and
Stolen From by the Privately Held Federal Reserve Banking System, 1992) Rothschild, a London Banker, wrote a letter saying,
"It (Central Bank ) gives the National Bank almost complete control
of national finance. The few who understand the system will either be so
interested in its profits, or so dependent on its favors, that there will be no
opposition from that class...The great body of the people, mentally incapable
of comprehending, will bear its burden without complaint, and perhaps without
even suspecting that the system is inimical (contrary) to their best
interests." The
Rothschilds idea/seed/organization did not die, they simply depart into
history, and their sons and grandsons inconspicuously take their place/system.
This meant that no one would
know when money was being sent and the debts were easily and promptly paid on
the receiver end. This required a profound condition of trust one in the other
and a system of insuring that no one would or could betray the trust of the
other and honor the security of moving wreath. It is not so important to
dwell on the who as to dwell on the system that is live, secretative, powerful,
ongoing and dangerous to the health of nations! If you understand this
system you can see that in America the movement of money is the foundation of
well being of the nation. When a central bank (i. e. The Federal Reserve)
controls the money lines and raises the interest it is felt by all pipelines of
money in the country. It appears that President Andrew Jackson was the only one
of our presidents whose administration totally understood this system when he
abolished the National Debt, condemned the international bankers as a "den
of vipers" which he was determined to "rout out"
of the fabric of American life. Jackson claimed that if only the American
people understood how these vipers operated on the American scene "there
would a revolution before morning." This was a clean and open strike at the
Rothschild plan for world control and money profiteering.
Moreover, it would be useful to list briefly the
chartered intent of this Rothschild monster. The Rothschild plans were
comprehensive and long range. They included the areas of, Population control,
Food control (i.e. change in weather), Control of freshwater, Control of
energy, Control of weaponry, Control of politics, and etc.. The Rothschild
cartel/system owns about 94% of communications in the USA!!
What has effectively brought down America and the
world was Wall Street Casino, Packaging or "Derivatives.” (Joshua
Holland, 'American Casino': How Our Nation's Financial Sector Became a Massive
and Unregulated Gambling Operation, http://www.alternet.org/story/142267/,
September 5, 2009) In this scheme, bad or toxic mortgages were packaged
with to some good and sold on world market. This Allowed insider speculators to
buy or bet for pennies, on a Derivative to go down while buying insurance on
the bad investment then collecting on the loss and still owning the property.
American Government guaranteed these investments! However, when the debts were
called in in mass the speculators took their profits sent the money out of
country and closed down the functioning of the whole world.
It is easily seen that Americans are free to be free
in the circle of institutions that leave the money system alone. All of this
racism, sexism, gay movement, death panel for killing old folk, Medical Care
Reform, FEMA, Terrorist Act, “The Intellectually Challenged, Emotionally
Ignorant” hollowing, “give me back my America,” and etc is
nothing but a side show inside a side show. This chaos only makes it possible
for the moneychangers to operate without notice or protest! What must be
realized is that until the life's blood, money, of the engine is taken
under government control, all the posturing and energy of making and keeping
resources is only done at the pleasure of the people, who move the money.
It will take a brilliant powerful leader to bring
down this evil from the backs of society. But we all can do what we must! Raise
our voices loud and often!!
Take Sen. John Ensign, chairman of the
National Republican Senatorial Committee, who went on Face the Nation and, with
a straight face, said of the economic meltdown: "Unfortunately, it was
allowed to be portrayed that this was a result of deregulation, when in fact it
was a result of over regulation." Or Gov. Mark Sanford, who told Joe
Scarborough he was against bailing out the auto industry because it would
"threaten the very free-market-based system that has created the wealth
that this country has enjoyed." If a politician announced he was running
on a platform of "from each according to his ability, to each according to
his need" he would be laughed off the stage. That is also the correct
response to anyone who continues to make the case that markets do best when
left alone.
It's time to drive the final nail into the
coffin of laissez-faire capitalism by treating it like the discredited ideology
it inarguably is. If not, the Dr. Frankensteins of the right will surely try to
revive the monster and send it marauding through our economy once again. We've
only just begun to bury the financially dead, and the free market
fundamentalists are already looking to deflect the blame.
In a comprehensive piece on what led to
the mortgage crisis and the subsequent financial meltdown, the New York Times
shows how the Bush administration's devotion to unregulated markets was a
primary cause of our economy to ruin. But the otherwise fascinating piece puts
too much focus on the "mistakes" the Bush team made by not paying
attention to the warning signs popping up all around them. "There is no
question we did not recognize the severity of the problems," claimed Al Hubbard,
Bush's former chief economic adviser. "Had we, we would have attacked
them."
But the mistake wasn't in not recognizing
the "severity of the problems" -- the mistake was the ideology that
led to the problems. Communism didn't fail because Soviet leaders didn't
execute it well enough. Same with free market fundamentalism. In fact, Bush and
his team did a bang-up job executing a defective theory. The problem wasn't
just the bathwater; the baby itself is rotten to the core.
William Seidman, the longtime GOP economic
advisor who oversaw the S&L bailout in 1991, cuts to the chase: "This
administration made decisions that allowed the free market to operate as a
barroom brawl instead of a prize fight. To make the market work well, you have
to have a lot of rules."
Even Alan Greenspan, whose owl-eyed visage
would adorn a Mount Rushmore of unregulated capitalists, has begun to see the
light, telling a House committee in October that he "made a mistake in
presuming that the self-interests of organizations, specifically banks and
others, were such that they were best capable of protecting their own
shareholders and their equity in the firms."
But most Republicans are still refusing to
see what's right in front of them. Especially Bush, our CEO president, who lays
the blame not on the failures of the marketplace but on past administrations
and corporate greed. "Wall Street got drunk," he says. Maybe so, but
who made the last 8 years Happy Hour, and kept serving up the drinks?
Ben Smith reported that the GOP was
launching "a new, in-house think tank aimed at reviving the party's policy
heft." In a private memo explaining the think tank, RNC chairman Mike
Duncan wrote: "We must show how our ideology can be applied to solve
problems." But, of course, it's that very ideology that's causing the
problems. It's like the old horror movie cliché: "We've traced the call --
it's coming from inside the house!"
Most recently, Romney campaigning for
president said that if elected President he would let the “Capitalist Free
market System” operate un regulated and it would save America by allowing the
wealthy to gain un fettered profits which would eventually create jobs and the
wealth would trickle down to the 99% that were presently suffering. But I the
mean time the social programs that support the needed would be cut to force
them to work harder and earn more for their families and survival!!
We've got to do everything we can to make
sure there will be no sequels to this political horror. The blame shifters
cannot be allowed to make their case without the truth being pointed out at
every turn. It's time to relegate free market capitalist fundamentalists to the
same standing as Marxist ideologues: intellectual curiosities occasionally
trotted out as relics of a failed philosophy.
Dr. J. Alva Scruggs, BS, MS, MA, Eddy
Look Forward to Your Comments
E-MAIL JSCRU5750 (at) AOL.COM
Look Forward to Your Comments
E-MAIL JSCRU5750 (at) AOL.COM
1 comment:
regulation (and reform) have never been viable alternatives to revolution. But at least we agree that things need to change.
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