The Financial End-game Slowly Plays Out
by Nigel Maund, Safehaven.com
… the Sudden Systemic Implosion which will usher in the Brave New World
“Capitalism requires people to be quiet souls in the workplace and wild
pagans at the cash register” – Ron Chernow, 1949, US Journalist
Amongst the growing plethora of warnings, some erudite some emotional,
Mr. Paul Volcker's commentary in the Washington Post entitled, “The
Economy on Thin Ice”, of April 10th, has to be taken very seriously,
given the former's position as Chairman of the Fed from 1979 to 1987,
when he was succeeded by Alan Greenspan.
Volcker was forced into making very tough economic decisions in 1980,
which he did by raising interest rates sharply to cool a vastly
overheated market. Volcker acted as the Fed Chairman should,
responsibly, and, therefore, like few other market commentators has
immense “gravitas” when he flags up major economic issues as he has
done. However, the magnitude of the present Fed Chairman's problems are
on a hitherto unimaginable scale. No country, or central bank, has ever
attempted an exercise in FIAT money creation of such truly breathtaking
proportions before. Moreover, no exercise in FIAT money creation has
ever successfully worked over the long-term in any nation where it has
been attempted. Before the post WW2 acceptance of the US dollar as a
proxy global currency, no country has had the unique opportunity to try
such an exercise out on a global scale. Dr Greenspan knows this. So,
you may well ask, what on earth is he up to?…. and, equally
importantly, why is it being done?
It is easy to caste Dr Greenspan as the befuddled “Mr McGoo” leading
America to economic and financial ruin. However, such a denigration of
this man's abilities is entirely misleading and dangerously erroneous.
The Fed has some of the finest financial and economic brains on the
planet. Therefore, the more acceptable answer as to why the (digital)
US$ money base has been exploded on an astronomic scale has to centre
on it being a part of a globally based economic and political strategy.
The fact that this strategy has not been spelled out to “the world at
large” implies a hidden agenda, and, furthermore, a conspiracy. Whilst
“the conspiracy theory of history” is mocked by the media as the realm
of scaremongers, the ignorant and the naïve, anyone who has merely
studied the history of Britain's Kings and Queens, over the last 1,000
years, will readily see that conspiracies were very much part of court
life, national government and Britain's international policy. Nothing
has changed. Indeed, with the advent of widespread literacy, modern
media and information technology, the obfuscation of, and power to
corrupt facts has been raised to a new and more sophisticated plane.
“Baking the news cake” for palatable reception and consumption is an
art form perfected for specific markets, based on the cultural and
educational profile of the local, national or even international
consumer. CNN, CNBC , NBC and Fox News are little more than propaganda
organisations serving up a daily “McNews” for the generally poorly read
and travelled, culturally naïve, and generally poorly educated US
consumer, on the basis that those who eat junk, drink junk, read junk,
watch junk and listen to junk deserve, well… just more junk? Mr.
Hitler and Dr Goebbels would have been heartily jealous of such a
malleable and docile, if not to say almost bovine populace, who could
readily absorb such shallow rubbish and believe it all! Unfortunately,
the insidious US style media is polluting the planet in the global
attempt to produce a “dumbed down”, ignorant, poorly educated and
malleable global serfdom, hooked on trashy TV and video entertainments
and other such puerile nonsense, and moreover, up to their necks in
debt and easy credit. Again, one is led to ask why?
Aren't we living in the enlightened 21st Century?….. or, are we
regressing to type, as demonstrated over thousands of years of human
suffering at the hands of our own dubious species?
To read the entire article click here
Blog For Iowa 
At first it seemed like Great Essay but ..But unfortunately with a little cancerous slice of homophobic sexist dogma slipped in as part of the justifiable economic warning. Homosexual discrimination and mistreatment throughout history has always came at the hands of people wanting to use a marginal/minority group as a scapegoat to blame for misfortunes caused by the truly guilty. Truly blame the culpable and guilty, not a social group that has throughout the ages been the whipping boy for the serfs and masses, when they discover their enslavement. Your entertwining of imposed 'social order' with the accusation of international money elite manipulating the monetary system, smacks of a more fascist type of hubris masked as denouncing present day, uber class manipulation of wealth represented by transfer of papermoney for continued power and wealth. I cannot support this treatise based on the fact that it ties both the push for adding gay rights, and women's sexual rights to human rights as a whole, being equal to 'destruction of social order'. When societies are awash in 'wealth', be it fake or real, the people have time to debate and consider concepts of liberty, rights and freedom, instead of pure cut throat survival. Those are natural social progessions, not a bad negative symptom of some conspiracy by faceless triads and uber rich.
I just had to make a loud response commentary for people who might not catch this subliminal type message coming through and being slipped in when they read the whole article.
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Christina Butts – Iowa/Polk Co./Pre#57/Cheatom Park Neighborhood Democrat
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