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War, Big Government, & Lost Freedom
Submitted by Dr. Richard Ebeling via The Cobden Centre,
We are currently marking the hundredth anniversary of the fighting of the First World War. For four years between the summer of 1914 and November 11, 1918, the major world powers were in mortal combat with each other. The conflict radically changed the world. It overthrew the pre-1914 era of relatively limited government and free market economics, and ushered in a new epoch of big government, planned economies, and massive inflations, the full effects from which the world has still not recovered.
All the leading countries of Europe were drawn into the war. It began when the archduke of Austria- Hungary, Franz Ferdinand, and his wife, Sophia, were assassinated in Bosnia in June 1914. The Austro-Hungarian government claimed that the Bosnian-Serb assassin had the clandestine support of the Serbian government, which the government in Belgrade denied.
How a Terrible War Began and Played Out
Ultimatums and counter-ultimatums soon set in motion a series of European military alliances among the Great Powers. In late July and early August, the now-warring parties issued formal declarations of war. Imperial Germany, the Turkish Empire, and Bulgaria supported Austria-Hungary. Imperial Russia supported Serbia, which soon brought in France and Great Britain because these countries were aligned with the czarist government in St. Petersburg. Italy entered the war in 1915 on the side of the British and the French.
The United States joined the conflict in April 1917, a month after the abdication of the Russian czar and the establishment of a democratic government in Russia. But this first attempt at Russian democracy was overthrown in November 1917, when Vladimir Lenin led a communist coup d’état; Lenin’s revolutionary government then signed a separate peace with Imperial Germany and Austria-Hungary in March 1918, taking Russia out of the war.
The arrival of large numbers of American soldiers in France in the summer of 1918, however, turned the balance of forces against Germany on the Western Front. After having been driven out of the French territory they had occupied since the first year of the war, the Germans agreed to the armistice on November 11, 1918 that ended what was already called the Great War – the “War to End All Wars” as it was falsely believed.
The Human and Material Costs of War
The human and material cost of the First World War was immense. During the conflict more than 60 million men were called up to fight. At least 20 million soldiers and civilians lost their lives, with an equal number wounded.
The participating governments combined spent more than $145.9 billion in fighting each other. In 2015 dollars, this represents a monetary expenditure of more than $3.8 trillion. (As a point of comparison, what the belligerent powers spent, in total, fighting each other in the four years of World War I, the U.S government almost spent, alone, in fiscal year 2015 – $3.6 trillion!)
These numbers, of course, do not capture the human suffering from the four years of war. On the Western Front, which ran through northern France from the English Channel to the Swiss border, millions of soldiers lived endless months – years – in frontline trench warfare. They fought in the heat of the summer and the cold of winter, often with the decomposing bodies of their fallen comrades next to them for days on end.
They fought in battles such as the one for the French town of Verdun in which hundreds of thousands of men were killed during human wave attacks in attempts to capture enemy positions. Soldiers were mowed down by machine guns or crushed under the treads of that new machine of war, the tank.
The airplane entered modern warfare for the first time, raining down bombs on both military and civilian targets. And both sides introduced the use of poison mustard gas that blinded the eyes, blistered the lungs, and brought agonizing death.
War and the End of Limited Government Liberalism
The First World War also brought about the end of the (classical) liberal epoch in modern Western civilization. For most of the 100 years before 1914, the Western world had moved in the direction of greater individual freedom and wider economic liberty.
All-powerful kings were replaced with representative democratic government or constitutionally limited monarchy. Expanding civil liberty brought about a more impartial equality before the law and the end of human slavery.
The older eighteenth century mercantilist system of economic planning and control by government was ended. In its place, arose domestic free enterprise and widening global freedom of trade. The standard of living of tens of millions in the West began to dramatically rise above subsistence and starvation for the first time in human history, while at the same time population sizes grew exponentially.
War may not have been abolished in the nineteenth century, but new international “rules of war” meant that they were less frequent, of shorter duration, and when among the Great Powers, at least, often involved fewer deaths and greater respect for civilian life and property.
(The American Civil War in the 1860s was the one major exception with more than 650,000 deaths and massive destruction in the Southern states.)
Wars and armament races, many argued at the time, had become too costly and destructive among “civilized” nations. A universal epoch of international peace was hoped for when the new century dawned in 1900.
But in 1914, the First World War shattered the long liberal peace that had more or less prevailed in Europe since the last world war that ended with the defeat of Napoleon’s France in 1815. But even before 1914, there were emerging anti-liberal forces that were moving the world toward greater government control and a renewal of international conflict. (See my article, “Before Modern Collectivism: The Rise and Fall of Classical Liberalism.”)
The Rise of Nationalism and Socialism
Early in the nineteenth century, the ideology of nationalism became a new rallying cry for peoples throughout Europe and increasingly around the world. If liberalism had espoused peaceful market exchange and the freedom of individuals under the rule of law, nationalism called for the forced unification under one government of all peoples speaking the same language or sharing the same culture or ethnicity. National collectivism was considered a higher ideal than respect for the liberty of the individuals comprising communities and nations.
In the middle of the nineteeth century, another form of collectivism started to gain popularity and support: socialism. Karl Marx and other socialists argued that capitalism was the root of all social evil, causing poverty and resulting in exploitation of the masses for the benefit of those who privately owned the means of production. Socialists called for the nationalization of the means of production, central planning of all economic activity, and the curtailing of individual freedom for the sake of the collective good.
War and the Planned Society
Imperialist designs by the Great Powers in conjunction with the new ideological forces of rising nationalism and socialism all came together in the caldron of conflict that enveloped so much of the world after 1914.
Immediately with the outbreak of hostilities, the liberal system of individual liberty, private property, free enterprise, free trade, limited government, low taxes, and sound money was thrown to the wind.
The epoch of political and economic collectivism had begun. Civil liberties were rapidly curtailed in all the belligerent nations, with laws restricting freedom of speech and the press. Opponents of war were silenced with long prison sentences for “anti-patriotic” behavior. Industry and agriculture were soon placed under increasingly strict price and wage controls.
Governments imposed wartime planning boards that directed the economic activities of all. They raised taxes to heights never experienced even under the most plundering hands of absolute monarchs of the past. Governments also ended international free trade, and introduced rigid regulations over all imports and exports.
The nineteenth century freedom of movement under which people in the West could travel from one nation to another without passport or visa was abolished; a new era of immigration and emigration barriers began. The individual was now completely under the control and command of the state.
With this came a new governmental responsibility: direct caring for the economic welfare of the citizenry. German free-market economist Gustav Stolper explained:
“Just as the [First World] War for the first time in history established the principle of universal military service, so for the first time in history it brought economic national life in all its branches and activities to the support and service of state politics – made it effectively subordinate to the state. . . . Not supply and demand, but the dictatorial fiat of the state determined economic relationships – production, consumption, wages, and cost of living . . .
“At the same time, and for the first time, the state made itself responsible for the physical welfare of its citizens; it guaranteed food and clothing, not only to the army in the field but to the civilian population as well . . .
“Here is a fact pregnant with meaning: the state became for a time the absolute ruler of our economic life, and while subordinating the entire economic organization to its military purposes, also made itself responsible for the welfare of the humblest of its citizens, guaranteeing him a minimum of food, clothing, heating, and housing.”
Gold as Money in the Prewar Liberal World
Along with these losses of personal civil and economic freedom came yet another abridgement of the liberal system of government: the abolition of the gold standard. During the 25 years of war between France and Great Britain following the French Revolution of 1789, both governments had resorted to the money printing press to finance their war expenditures. As a result, inflation had eaten away at the wealth and security of the British and French citizenry.
When those wars ended in 1815, the lesson learned was that governments could not be trusted with direct control over the creation of money. The liberal monetary goal was the reestablishment of the gold standard, so the amount of money in society was independent of political manipulation.
Better to rely upon the market forces of supply and demand and the profitability of gold mining, the classical liberals argued, than the caprice of politicians and special interest groups desiring to print the paper money they wanted to use to plunder the peaceful production of the mass of humanity.
Through the decades of the nineteenth century, first Great Britain and then the rest of the Western nations legally established the gold standard as the basis of their monetary systems. The gold standard was mostly managed by national central banks, and thus not truly free market monetary systems.
But central banks were expected to, and for the most part did, abide by the monetary “rules of the game” of limiting increases (or decreases) in the domestic currency to additions to (or reductions in) the nation’s supply of gold. Sound money for the nineteenth century liberals was gold money.
Paper Money and Inflation Finances the War
But with the firing of the first shots in the summer of 1914, the belligerent governments all ended legal redemption of their currencies for fixed amounts of gold. The citizens in these warring counties were pressured or compelled to hand over to their respective governments the gold in their private hands, in exchange for paper money.
Almost immediately, the monetary printing presses were set to work creating the vast financial means needed to fight an increasingly expensive war.
In 1913, the British money supply amounted to 28.7 billion pounds sterling. But soon, as British economist, Edwin Cannan, expressed it, the country was suffering from a “diarrhea of pounds.” When the war ended in 1918, Great Britain’s money supply had almost doubled to 54.8 billion pounds, and continued to increase for three more years of peacetime until it reached 127.3 billion pounds in 1921, a fivefold increase from its level eight years earlier.
The French money supply had been 5.7 billion francs in 1913. By war’s end in 1918, it had increased to 27.5 billion francs. In this case, a fivefold increase in a mere five years. By 1920, the French money supply stood at 38.2 billion francs. The Italian money supply had been 1.6 billion lire in 1913 and increased to 7.7 billion lire, for a more than fourfold increase, and stood at 14.2 billion lire in 1921.
In addition, these countries took on huge amounts of debt to finance their war efforts. Great Britain had a national debt of 717 million pounds in 1913. At the end of the war that debt had increased to 5.9 billion pounds, and rose to 7.8 billion pounds by 1920.
French national debt increased from 32.9 billion francs before the war to 124 billion francs in 1918 and 240 billion francs in 1920. Italy was no better, with a national debt of 15.1 billion lire in 1913 that rose to 60.2 billion lire in 1918 and climbed to 92.8 billion in 1921.
Though the United States had only participated in the last year and a half of the war, it too created a large increase in its money supply to fund government expenditures that rose from $1.3 billion in 1916 to $15.6 billion in 1918. The U.S. money supply grew 70 percent during this period from $20.7 billion in 1916 to 35.1 billion in 1918.
Twenty-two percent of America’s war costs were covered by taxation, about 25 percent from printing money, and the remainder of 53 percent by borrowing.
The German Ideology of Power for War
The most severe inflations during World War I occurred in Central and Eastern Europe. Among the worst of these were the one in Germany during and then after the war, with the near total collapse of the German currency in 1922 and 1923.
For decades before the start of the war, German nationalist and imperialist ambitions were directed to military and territorial expansion. A large number of German social scientists known as members of the Historical School had been preaching the heroism of war and the superiority of the German people who deserved to rule over other nationalities in Europe.
Hans Kohn, one of the twentieth century’s leading scholars on the history and meaning of nationalism, explained the thinking of leading figures of the Historical School, who were also known as “the socialists of the chair” in reference to their prominent positions at leading German universities. He wrote:
“The ‘socialists of the chair’ desired a benevolent paternal socialism to strengthen Germany’s national unity. Their leaders, Adolf Wagner and Gustav von Schmoller, [who were Heinrich von] Treitschke’s colleagues at the University of Berlin and equally influential in molding public opinion, shared Treitschke’s faith in the German power state and its foundations. They regarded the struggle against English and French political and economic liberalism as the German mission, and wished to substitute the superior and more ethical German way for the individualistic economics of the West . . . In view of the apparent decay of the Western world through liberalism and individualism, only the German mind with its deeper insight and its higher morality could regenerate the world.”
These German advocates of war and conquest also believed that Germany’s monetary system had to be subservient to the wider national interests of the state and its imperial ambitions. Austrian economist Ludwig von Mises met frequently with members of the Historical School at German academic gatherings in the years before World War I. He recalled:
“The monetary system, they said, is not an end in itself. Its purpose is to serve the state and the people. Financial preparations for war must continue to be the ultimate and highest goal of monetary policy, as of all policy. How could the state conduct war, after all, if every self- interested citizen retained the right to demand redemption of banknotes in gold? It would be blindness not to recognize that only full preparedness for war [could further the higher ends of the state].”
Germany’s Great Inflation began with the government’s turning to the printing press to finance its war expenditures. Almost immediately after the start of World War I, on July 29, 1914, the German government suspended all gold redemption for the mark. Less than a week later, on August 4, the German Parliament passed a series of laws establishing the government’s ability to issue a variety of war bonds that the Reichsbank – the German central bank – would be obliged to finance by printing new money.
The government created a new set of Loan Banks to fund private sector borrowing, as well as state and municipal government borrowing, with the money for the loans simply being created by the Reichsbank.
During the four years of war, from 1914 to 1918, the total quantity of paper money created for government and private spending went from 2.37 billion to 33.11 billion marks. By an index of wholesale prices (with 1913 equal to 100), prices had increased more than 245 percent (prices failed to increase far more because of wartime price and wage controls). In 1914, 4.21 marks traded for $1 on the foreign exchange market. By the end of 1918, the mark had fallen to 8.28 to the dollar.
Germany’s Hyperinflation and the Destruction of the Mark
But the worst was to come in the five years following the end of the war. Between 1919 and the end of 1922, the supply of paper money in Germany increased from 50.15 billion to 1,310.69 billion marks. Then in 1923 alone, the money supply increased to a total of 518,538,326,350 billion marks.
By the end of 1922, the wholesale price index had increased to 10,100 (still using 1913 as a base of 100). When the inflation ended in November 1923, this index had increased to 750,000,000,000,000. The foreign exchange rate of the mark decreased to 191.93 to the dollar at the end of 1919, to 7,589.27 to the dollar in 1922, and then finally on November 15, 1923, to 4,200,000,000,000 marks for the dollar.
During the last months of the Great Inflation, according to Gustav Stolper, “more than 30 paper mills worked at top speed and capacity to deliver notepaper to the Reichsbank, and 150 printing firms had 2,000 presses running day and night to print the Reichsbank notes.” In the last year of the hyperinflation, the government was printing money so fast and in such frequently larger and larger denominations that to save time, money, and ink, the bank notes were being produced with printing on only one side.
Finally, facing a total economic collapse and mounting social disorder, the German government in Berlin appointed the prominent German banker, Halmar Schacht, as head of the Reichsbank. He publicly declared in November 1923 that the inflation would be brought to an end and a new non-inflationary currency backed by gold would be issued. The printing presses were brought to a halt, and the hyperinflation was stopped just as the country stood at the monetary and social precipice of total disaster.
The Legacies of Tyranny, Paternalism and Lost Freedom
But the deaths, destruction, and disruptions of the First World War and its immediate aftermath were never fully recovered from. In 1922, Mussolini and his Fascist Party came to power in Italy. In 1933, Hitler’s Nazi movement took power in Germany in the midst of the Great Depression.
In the United States, also in 1933, Franklin D. Roosevelt’s New Deal ushered in the arrival of America’s version, at first, of a fascist-type planned economy, with a growing concentration of political control and economic paternalism in the form of the modern interventionist-welfare state in the postwar period that followed a worse and far more destructive and mass murdering Second World War. (See my article, “When the Supreme Court Stopped Economic Fascism in America.”)
Out of this second “war to end all wars,” came America’s role as global policeman and international social engineer during the Cold War with the Soviet Union. But even the post-Cold War era after the end of the Soviet Union in 1991 has seen part of the legacy of World War I in international affairs.
The wars and “ethnic cleansings” experienced in the former Yugoslavia in the 1990s, and at least part of the causes behind the current conflicts in the Middle East are outgrowths of the post-World War I peace settlements imposed by the victorious Allied powers.
But most importantly, I would suggest, is the lasting legacy out of the First World War that has been the rationales and implementations of paternalist Big Government in the Western world, with its diminished recognition and respect for individual liberty, free association, freedom of competitive trade and exchange, reduced civil liberties and weakened impartial rule of law.
From this has followed the regulating and redistributing State, which includes political control and manipulation of the monetary and banking systems to serve those in governmental power and others who feed at the trough of governmental largess.
It is a legacy that will likely take another century to completely overcome and reverse, if we are able to devise a strategy for restoring the idea and ideal of a society of liberty.
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It's really very simple. There are sociopaths in the world and they want to own it. It does not matter which political or economic system you adopt -- they will ruin it. I still believe the founders of the US had the best solution, as imperfect as it was (as evidenced by the complete clusterfuck the US has become).
You are either a free man, and alive, or you are a slave, and eventually, either soap, or Soylent Green.
Choose wisely.
Freedom isn't free. It will cost you everything. Most are drugged and would rather have a 'free' soda, soap, and soylent greens.....
I'll have a Pepsi Free...
Freedom doesn't exist. Look at the definition and name one person who ever walked the earth that had it. Now look at enslaved and name one who isn't; just as it is written you are either a slave to the "world, self, & Satan" or "Jesus" and pride makes people so blind that they cannot agree with nor see the truth even when it stares them in the face. They have no problem seeing the evil and perversity in others, but not themselves...a very serious issue that needs to be dealt with because the physical world is the shadow and the substance is the spiritual world called the eternal state and you will spend it in one of two locations.
Obama will not finish his second term!
http://motivationdose.com/is-america-babylon/
Destroy the State's monopoly on money, destroy the State's ability to create war.
The ultimate patriotic act is to invest the life savings in Gold & Silver, which does honor to real money, shows disdain for paper merchants who rule the central banks, and forces nations to put forth honest sound money in usage. It is important to recall the 9/11 event, however based in reality, not the official story. Honor should be given to the 2500 victims of the mass murder event. The official story makes far less sense than the Kennedy assassination, while the two events appear to be front and back bookends of the same Fascist takeover of the United States Govt.
The Patriot Act was a fascist manifesto, much like the Enabling Act installed in Germany over seven decades ago. The two acts have a 90% correlation and overlap, yet the American public remains largely in the dark on the similarity in template. The USCongress passed the controversial Patriot Act, which has totally opposite direction to patriotism, under threat of anthrax in their ventilation system (rumored to be engineered by the FBI). The creation of the Homeland Security Agency should ring loud gongs about the Gestapo similarities. That the US & London & Swiss bankers are fascists with roots to 1930 fascists should also be brought to public attention. The US bankers on Wall Street actually had loans extended to the German Nazis, a fact the public seems to overlook. Operation Paperclip, which opened the US gates to the several hundred bankers, scientists, and industrial captains should have been a wakeup call to Americans, but they remain asleep. Imagine a nation that makes a mockery of citizens seeking the truth on the event, calling them disparagingly the Truthers. Recall that truth is the enemy of fascist regimes, and the early victim of any war.
The 9/11 event was the coming out party for the American Fascists. It was also a complex sequence of criminal events, to abrogate $230 billion in Russian bonds, to wipe clean the Black Eagle Fund on gold obligations. But in the immediate, it was a bank heist. Few Americans realize that the World Trade Center housed the largest bank in the Western world. Thus the object of the bank robbery, where $100bn in bearer bonds were stolen, $100bn in diamonds were stolen, and $100bn in gold bullion was stolen. For reasons tied to national security, no investigations or claims are permitted. It was also an opportunity to test out some nano-technology and extreme micro nuclear demolition methods. Over 2000 people perished on that day. Around 200 police, firemen, and emergency medical professionals also died on that day. The event sealed the fate of the nation, to become a fascist enclave, the exceptional nation, the home of the new brown shirts.
Much credit is due to the courageous and diligent scientific groups like AE1000, the Architects & Engineers, who have contradicted the official nonsensical silly reports which serve as the Official 9/11 Commission report, far more vacant and illogical and baseless than the Warren Report of 1963. Both were hastily produced under political pressure, both with Papa Bush fingerprints at the crime scene. The group of scientists have produced a powerful body of evidence in dispute, yet over half the US nation believes the fairy tale in the official USGovt story. It was a fascist takeover of the USGovt and establishment of the banking system as the power center.
All manner of war and sanctions cannot prevent the removal of the USDollar from its global currency reserve privilege. Too much abuse from violent war, sponsored terrorism, $trillion gifts to bankers, backdoor bailouts to bankers, has caused a global upheaval and resistance. Sanctions are the device used against nations which oppose the USDollar in usage, primarily in crude oil payments. The USGovt has refused to liquidate the big banks, which have served as the Western seat of power and pilferage. The series of sanctions have backfired badly. The obstacles to gas pipelines cannot be maintained. The movement against the corrupt toxic USDollar has gathered tremendous momentum. It has an African monetary policy attached, an incredibly destructive policy, and worse, it is called stimulus. The return of the Gold Standard is inevitable. The big question is how much destruction the USGovt, its powerful military, and its subversive security agencies will permit before the legitimate monetary system is put in place. The path seems clear, that the legitimate system will first arrive on the trade front, deposing the USTreasury Bill in back pressure like excrement from the global bowels.
THE PLETHORA OF BIG CLUES
The big clues are so many as to be astounding in volume. The multiple detonations on the side facades of the World Trade Center buildings should bring suspicion. The quick 11-second collapse of the giant building was consistent with free fall, in contradiction of the silly pancake theory of a sequence of staged collapses. Basic physics should bring suspicion. The Jackass surmises that not 25% of Americans took physics in high school (or did not sleep through it). The thermite explosive residue laced all through the debris should bring suspicion. The melting of structural steel by mere jet fuel (as claimed) should bring suspicion. The Jackass surmises that not 25% of Americans took chemistry in high school (or did not sleep through it). The disintegration of the antenna tower of the WTCenter section should bring suspicion. The twenty-three trucks moving something en masse (like gold bars) after the initial aircraft impact on the buildings, but before the buildings collapsed, should bring suspicion. The obstacles to include the New York Police Dept captain’s testimony of multiple explosions in the WTCenter basement after the initial aircraft impact, for the official commission hearing, The twenty-three trucks moving something en masse (gold bars) after the initial aircraft impact on the buildings, but before the buildings collapsed, should bring suspicion. The melting of hundreds of car and truck engines in the WTCenter vicinity should bring suspicion. The migration of Cantor Fitzgerald bond database records to New Jersey three months earlier should bring suspicion. The collapse of Building #7 without impact of any kind should bring suspicion.
The clear shape charge cuts to the giant World Trade Center steel beams (seen above), evidence of demolition, should bring suspicion. All workers at the site were aware of the demolition and obvious shape charge cuts. The gag orders on several dozen air traffic controllers should bring suspicion. Desperation followed the event, to dismiss alternative explanations as unpatriotic. The reporting on Australian television news networks of the 9/11 crash at the World Trade Center a full 15 minutes before the event even occurred should bring suspicion. The alerting of American news networks of an imminent terrorist event before the WTCenter crash should bring suspicion. With 99.8% certainty in the Jackass mind, it was an inside job to convert the United States of America into a fascist nation, to move the National Security Agency into a strong position of power, and to put the CIA in control of the White House. It was an event with at least five principal groups involved. The United States has been transformed into a giant police state. The event was a celebration of fascism, a magnificent bank heist and bond sealed deal, and climax of the narco lineage of presidents. The event left an indelible imprint that will surely lead to a systemic failure.
The initial CNN reporting by Ian McIntyre of a missile of some sort on 9/11, with no debris on the Pentagon lawn, should bring suspicion. The absence of any commercial aircraft parts like wings or fuselage or seats or even the black box on the Pentagon lawn should bring suspicion (see the lawn site above). The spherical damage inside the Pentagon wall, plus all internal fragments pushed out 30-50 meters should bring suspicion. The incredibly moronic story of an entire commercial aircraft being vaporized should bring suspicion. The removal of nearby video camera tapes from the Pentagon area should bring suspicion. The shorting of airline stocks on a broad basis before the event and volume should bring suspicion. That hole aint from a commercial aircraft, whose fuselage is easily twice the diameter. Despite all the big clues, which would result in considerable reasonable doubt in any grand jury court room session, the pattern is clear for over half the nation. They accept the official story, then work backwards, dismissing evidence, ignoring the cornucopia of data that contradicts the 9/11 Commission Report. It is a fairy tale and fascist concoction and pure drivel.
KENNEDY KILLED TO DISCARD GOLD STANDARD
KENNEDY KILLED TO PLANT FASCIST SEEDS
The theory is simple, makes sense, and is logical. The US Leadership turned fascist long ago, and took control of the USGovt at the highest levels of the government. They dominated totally after JFKennedy was removed in 1963. Kennedy wanted to disband the CIA and tried to re-install the Silver Certificates as currency instead of Federal Reserve Notes as currency. Notice the string of consistent fascist regimes supported by the US in the last few decades, always the fascist brutal regimes, pitted against the communists. One could produce a list of 20 such nations, many in South America. The US has been deeply committed to some war, much further and deeper than the Cold War, for a period including decades. The true ugly fact is that the fascists conquered the US through the White House coup d’etat, the narco security agencies, and the controlled oligopoly of media networks. The reality goes beyond 9/11, as the USGovt has been under fascist control for 50 years. The death of Kennedy marks the beginning of the fascist lineage of USGovt and its selected presidents. Obama reigns over the systemic breakdown, for which he surely gave a few pushes. The USTreasury Bond market is fracturing on his watch, while the police state is being installed on his watch.
Nixon made a deal with the devil to cooperate with the coup d’etat and in return dropped the Gold Standard. Recall that Nixon was dead political timber until revived by a cooperative press. Nixon then established the NSA, set up as the uber-Gestapo. The war theme has become part of the US social, commercial, and sport fabric. Even the USOpen tennis tournament had an honor guard and giant flag folding ceremony. The regular war footing is evident with every hot spot on earth, with 170 USMilitary bases scattered around the globe. The military drones killing civilians (in foreign nations and soon possibly inside the US), pervasive eavesdropping (overseas and at home), constant high security alert, the alienation will all nations including allies, the airport checks, the difficulty to renew passports, the theft of private accounts, these are the tell-tale signals of a fascist regime in power. Freedom of speech and assembly have been shattered, as has due process. The treatment of Occupy Wall Street as terrorists, the torture in Guantanimo, the viruses hidden in vaccines, the Monsanto chromosome devices with food, the constant propaganda, the chemtrails in the sky, the contamination of groundwater systems from Halliburton fracking, the thefts from central banks, the gigantic $23 trillion in gift loans to cabal bankers around the world, these are the tell-tale signals of a fascist regime in power.
FASCIST BUSINESS MODEL & USDOLLAR & GOLD
The climax of the fascist seeds has been the Fascist Business Model, whose tree of corruption has indeed born fruit. But it is not edible, cannot produce jobs, and has resulted in the magnificent demolition of the USEconomy. The reverence paid to the financial sector stands as a defiant elite gesture of neglect paid to the millions of workers whose jobs are at risk, after their homes have lost equity. All stimulus is intentionally kept from Main Street, vast channels of liquidity obstructed like with pride. The $260 billion in fines and penalties directed at the Wall Street banks have not put them out of business. Rather the USFed and USGovt have covered their bills, along with the shareholders. Consequential costs from criminal fraud and thefts are a mere cost of doing business. The climax is the bitter fruit from the fascist tree, which will hasten very soon the demise of the USDollar and the resurrection from the charred treasury of the golden eagle (phoenix), as the Gold Standard is inevitable. The United States will be nearly the last nation to adopt the Gold Standard in remedy.
The link to gold from the entire 9/11 event is direct and indirect. The $100bn in gold bar thefts depleted foreign nations and foreign companies of their legitimately held gold assets, held in the WTCenter vaults. It was mainly a gold heist. However, what followed was a path created by the Fascist Business Model. The model merges the major corporations with the state, permits fraud and thefts, allows the big banks to write legislation in the Congress, puts bankers in regulatory posts to monitor banks and stocks, and generally leads to elite corruption, fraud, malfeasance, murder, lawlessness, and indescribable inefficiency within the capitalist system. The breakdown has led to a climax in 2012 with the QE set up by the US Federal Reserve. The Quantitative Easing promotes the unfettered printing of money to cover the USGovt debt, and to cover the redemption of Wall Street banks for their USTreasury Bonds held as securities. The unsterilized hyper monetary inflation is easily 10 times greater in volume than reported, and has undermined the entire capitalist structure of the USEconomy. The reaction across the globe from gigantic monetary inflation of the worst kind is to hedge as protection into hard assets. The result is the wrong kind of price inflation produced, which the St Louis Fed has admitted. The QE to Infinity has produced cost inflation, vanished profit margins, and retired capital. The capital destruction assure the systemic breakdown of the USEconomy.
The QE monetary policy is a guaranteed death sentence for the USDollar, since internally it has wrecked the USEconomy on the capital front, and externally it has undercut the global system reserves on the banking front. In the death spiral for the USDollar, the global players reject the USTreasury Bond as the reserve asset, and gradually move toward the Gold Standard. It will occur on the trade corridors first, then the banking system second, and finally the currency system. The 9/11 tragedy set events in motion which gave the Fascist Business Model a full official blessing, resulting in annual $1 trillion deficits, a USGovt deficit that cannot be financed, a QE disastrous monetary policy resembling those in Africa, and an assured death of the USDollar. Its demise, which is in progress by means of the dismantled Petro-Dollar machinery, will usher in the return to the Gold Standard. The hidden derivative losses are in the multiple $trillions. Since the United States is the least likely to produce a valid gold-backed currency, the risk is greatest for the US to fall into the Third World.
AIR TRAFFIC CONTROLLERS SILENCED
Post 9/11 the USGovt security agencies went to work to silence the air traffic controllers. Oaths of allegiance were forced for signatures, under threat of extreme consequence. The events of that fateful day included many gorey details, thus the pressure to seal the room. Leaks were not desired on the culpability of the USMilitary in certain events. For to expect so many controller personnel to maintain silence and not slip information to friends, colleagues, family members, and mere acquaintances, is utterly absurd. To be sure, some will meet with untimely unfortunate fatal accidents. At least 25 witnesses on the 1963 Grassy Knoll in Dallas Texas have met with untimely unfortunate fatal accidents, many violent.
MarilynB from Virginia is a longstanding Hat Trick Letter client. Without prompt, she volunteered some information. She wrote, “By the way, even though I was no longer an air traffic controller (ATC) when 911 happened, I had numerous good friends who were still ATC during the event. Right after 911, the NSA and CIA went to all the facilities and questioned every controller in private about what they knew. They were all ordered to keep their mouths shut and were forced to sign oaths of allegiance. They pledged never to talk about what they saw on 911 even amongst themselves. They also pledged to snitch on any other controller who dared to speak of 911. They were all legally gagged to the max. Most of them were terribly distraught and scared to death by the NSA/CIA threats. One very good friend had a nervous breakdown over the oath. She was afraid they would send her to a foreign prison and that she would never see her family again. Be sure to know, even back in the late 1970’s and early 1980’s, they had the ability to fly air carriers remotely, including takeoff and landing. The technology used on 911 has been around for many years. I have seen it work. Lastly, it is absolutely inconceivable that the military did not scramble on four supposedly high-jacked civilian airliner jets unless they were ordered to stand down.”
Compare and contrast to another detailed email exchange back in 2005 with a Hat Trick Letter client. It confirmed the aforementioned story. The client also had Air Traffic Controller contact information of a delicate nature. The story also was disturbing, but confirmed suspicions of an inside job. The client had a best friend who was a WashingtonDC air traffic controller during all of year 2001. A group of four women gathered for a dinner in the summer of 2005, all college chums, a little reunion that was ruined. The ATC friend had talked among her friends about how the USAir Force shot down the commercial flight over Shanksville PA. Later she was approached by the USGovt goons. She vomited on the day of having to sign the oath. She had signed the day before their dinner gathering when they came to her office. She was still very upset by the intimidating meeting. Her friends knew she was deeply distraught, so they followed her into the lady’s room. They saw her vomit a second time. She told her friends of the pressure to sign the oath, with full consequences. The rest of the evening was centered on the visit, the oath, the threats. The story was later related to the Jackass.
After the client told me the details of the evening, an opportunity was given to probe. My question was about the consequence in detail if she blabbed or went to the press. It is extreme. The whistle blower would suffer lost job, lost pension, lost health care, lost passport, go on the No Fly List, and never to be employed in the US again. In addition, they could put the person in prison for treason, if they so decided. That is truly ugly, and a wicked testimony to the fascist state the US has become. The naive sheep among us actually wonder why, if it really was an inside job, people do not come forward and speak from the stump. Because they are jailed and killed and threatened and disenfranchised, that is why. The targets are for prevention of disclosure in the mainstream, not the alternative media like internet journals. We net gurus in the alternative press are supposedly the kooks. Ok, except we have the data, the evidence, the logic, and the forensic conclusions on our side. Call me a Truther.
NEW SCHEISS DOLLAR & GOLD TRADE STANDARD
Events of the last two or three weeks could not be more disruptive, dangerous, or ominous. The IMF refused inclusion of the RMB in their currency basket, clearly feeling threatened. In response, expect China to hasten its efforts to dislocate the USDollar from its perch in trade and banking. Expect extreme pressures to accelerate the increasing required usage of Chinese RMB in trade settlement. The Chinese are even more motivated after the strategically important Tianjin business center and logistics data center was converted into a crater. Langley finger prints might soon be found. Almost a full decade has passed for setting up the widespread usage of Yuan Swap Facilities for bilateral trade between nations with China. Expect a major step toward coercing the Saudis to accept RMB currency for payment in oil shipments, a movement sure to spread to all Gulf Emirate nations. The oil card is the flash point.
In time, expect an eventual refusal by Eastern manufacturing nations to accept USTreasury Bills in payment. The IMF reversal decision assures this USTBill blockade in time, and might accelerate the timetable. The United States Govt cannot continue on five glaring fronts of gross violations. These violations have prompted the BRICS & Alliance nations to hasten their development of diverse non-USD platforms toward the goal of displacing the USDollar while at the same time take steps toward the return of the Gold Standard. The violations are:
1) to import finished goods and crude commodities, paying with IOU coupons
2) to commit multi-$trillion bond fraud in its big banks, done without legal prosecution
3) to do QE bond purchases in applied hyper monetary inflation, monetizing debt
4) to rig all major financial markets in favor of the primal USDollar
5) to engage in numerous regional wars to support the USDollar.
The key step upcoming is the Gulf Emirates soon to accept RMB for oil payment from all Eastern & Asian countries, the major flash point. Such event will sound the global alarm. Coupled with broadbased RMB trade settlement and more purchase of Chinese Govt debt securities, the movement will be on to finally initiate the grand dump of USTreasurys from Eastern banking systems. Then later the entire world (except for England and Canada and certain Western European coulee nations) will diversify out of USTBonds in their banking systems. The result will be then a forced reaction by USFed and USDept Treasury to launch the New Scheiss Dollar, which will at the outset have a phony gold foundation. A formal international audit process will break down the fraudulent basis, and lead to a series of painful New Dollar devaluations. Then comes the import price inflation, the supply shortages, and the civil disorder.
The New Scheiss Dollar will have a 30% devaluation out of the gate, then many more devaluations of similar variety. The New Dollar will fail all foreign and Eastern scrutiny. The USGovt will be forced to react to USTBill rejection at the ports. The USMilitary and Langley threats will not work much longer. The Langley crew might attack the entire world, which could result in an American Quarantine. The US must accommodate with the New Scheiss Dollar in order to assure import supply, and to alleviate the many stalemates to come. The United States finds itself on the slippery slope that leads to the Third World, a Jackass forecast that has been presented since Lehman fell (better described as killed by JPM and GSax).
The price of gold will find its true value and price over $10,000 per ounce. The Price of Silver will find its true value and price over $400 per ounce. In reaching these levels, the ratio will return to the 25-1 range. Several steps have been laid out by the Hat Trick Letter toward the return of proper price to precious metals. The major upcoming events will be exciting to watch unfold, one after the other, in an inevitable sequence away from fascism and concentrated uni-polar power, with a strong movement toward freedom and equitable systems with distributed power. The steps will each involve a quantum jump in the Gold & Silver prices. The process will take a few years, but might be breath-taking in speed once the process is begun. The steps involve:
Jim Willie
ANY state's or other criminal group's monopoly to create unlimited money for their criminal schemes ....
.... say hello to bitcoin and its decentralized trust machine - blockchain - a public ledger secured by math, science and open consensus
.... most disruptive technology of this century and bankster's worst nightmare
"It [excessive government power, reduced personal liberty/freedoms] is a legacy that will likely take another century to completely overcome and reverse"
How depressing. But almost certainly true. However, the first step is to identify and publicise the nature of the problems and this is being taken, albeit far too slowly.
Iron Mountain. We really don't care what Obama is going to impose. American people will unite.
The Government can be overthrown under the United States of America Constitutional Law. Shoe Shine boy thinks the Patriot Act doesn't affect him. Two bodies of law, not one can end his career.
What Constitution? The Congress is only there to give an illusion of a Constitution; that dies in 1871; there about. The final nail was in the coffin in 1913.
The United States of America will never find it's way back. The hubris and arrogance of those in Washington, Wall Street, the complete lack of moral values and the diminishing of stable families plus the out of control use of prescription and illegal drugs will cause the collapse of this once great country. I believe we're feeling the final death throes right now as I type this.
Are you more moral than they are? Are you as moral as Jesus, since He came to fulfill the law, which was given so we know just how far short we fall. At least God gave us a standards that is clear and easy to understand unlike the laws these attorney's come up with. However, unless you are as moral as Jesus Christ; you likewise will perish with all the others.
Then again, if you believe that your good outweighs your bad and that is the path to heaven; so many others in hell would say the same. Jesus is the standard and no one meets the standard; it is why we need Him. Watch how many people HATE to hear the truth because people do not like to admit their is authority over them that is divine, for man wants to be his own god.
For the message of the cross is foolishness to those who are perishing, but to us who are being saved it is the power of God.
The amazing thing is how easily governments control political opinion. If they want us to hate Muslims, we hate Muslims. If they want us to Hate Germans, we hate Germans. Japanes,e we hate Japanese.
First we hate them, we can love them after we wipe out the best of both sides in the next war.
And again we are giving political power to hatred.
I believe in the strategy that was so successful for all of our predecessor species of hominids : breed our genetic opposition to extinction. God is love, remember?
https://thinkpatriot.wordpress.com/2015/08/19/conserving-my-neanderthal-...
What is so amazing, when you put it in the right perspective? Man is BORN to trouble as sparks fly upward and sin cannot be mitigated and we are all sinners. So where is the surprise; it is man's history?
The difference now is we have more ways, using technology, to create more evil and we have more people on the earth to hurt by doing said evil. Just reflect on all the people you have hurt in your own life. Also, the power of that technology is in fewer hands; all the better for the children of Satan. Don't you just hate Christians?
"Too Proud to Fight!"
... er ...
How about that; Satan is winning the war on the human soul; nothing new under the sun. Men love their sin because their deeds are evil when judged by the moral standard, which is Holy Perfection.
For the message of the cross is foolishness to those who are perishing, but to us who are being saved it is the power of God.
Lighten up, Francis.
A wide sweep of history that is painted with rather inaccurate brushstrokes and false generalizations. Too many to call out.
But I do hope for the redemption of liberty and, in that regard, I am with the author in spirit if not in historical fuzziness.
Tarabel, I enjoyed the article, but valid critiques are always valuable.
If there are too many inaccuracies to call out, then pointing out one or two examples should be easy.
Would you point to some examples and refute please? The comment section is most useful for education, especially in dissenting views.
Israeli soldier exposes genocide in Palestine and collusion of local US police departments with IDF...
http://educate-yourself.org/cn/eranefratiarrested03aug14.shtml
freedom.......
Slippery concept.
Freedom has to have resposnibility tagging along for it to work for everybody.
WWI?
An oldie but a goodie...
https://www.lewrockwell.com/2004/01/john-j-dwyer/the-united-states-and-w...