The Road To Corporate Fascism

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zarathustra
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The Road To Corporate Fascism

Post by zarathustra »

The debate now raging across the World over whether or not to nationalize the banking system is largely a fraud. The idea that governments would step in and run the banks are ludicrous, since government lacks the guts to even regulate the banks, and has been reduced to impotently throwing money at them in the hopes they will behave better. Far from being too big, our government is, in a important sense, far too little, failing repeatedly to protect the general population, in the face of the demands from the financial sector. Bending over backwards is not exactly leadership.

What the debate over nationalization really is is a debate over how to proceed with the bailout, while the bankers are worried that the issue is becoming too "politicized," the politicians begin to worry about the consequences of their repeated capitulations.

Naturally, the British Empire is also in the mix, trying to force the Obama Administration further down the bailout path, as a way of both bailing out their own interests, and sinking the United States. The financiers of the Empire know full well that the costs of the bailout will not only bankrupt the U.S., but push them further down the path towards Mussolini-style CORPORATE FASCISM.

This descent into fascism, a feature of the Bush/Cheney years, is a virtual replay of the attempt to impose fascism in the United States earlier this century. That attempt was defeated by President Franklin D. Roosevelt, but it remains to be seen whether President Obama will rise to that level.

It's not just the prospect of fascism, A BANKER’S POLICE STATE that we face. The real danger is a complete breakdown of the global economy, combined with the paralysis of governments unable to cope with the crisis. The danger is of a breakdown of civilization itself, and a descent into a new Dark Age.
Panic, Fail, Repeat

The idea behind bank nationalization is that the government would step in and take over the banks, buying up a majority of stock, imposing a few insignificant controls, and then absorbing the banks' losses. The government would, in effect, transfer trillions of dollars of toxic waste from the books of the banks to the backs of the taxpayers. The public would be told that this is being done to restart the economy, when, in fact, it would be a significant expansion of what is already the greatest SWINDLE in history.

The banks, once freed from their losses, would somehow magically begin to lend again; investors would once again start buying securities; and we could go right back to what we were doing before. That is, in effect, what Fed Chairman Ben Bernanke is saying, when he talks about the need to restart the securities markets. He must think we’re stupid!
Does it not occur to these idiots that rewinding the clock to a point before the explosion does nothing to solve the problem? That what we were doing is what caused the explosion in the first place? That maybe their system blew sky high because it was nuts to begin with, and that the last thing we should do, is try it again?

Should we believe that they will learn from their mistakes, when there is no evidence to support that fantasy? Haven't their repeated attempts to halt the collapse through monetary injections proved that they not only have no solution, but that they don't even understand the problem? This would be funnier than the Keystone Kops, were it not so damn serious.

The U.S. government and the Federal Reserve have already handed out trillions of dollars in loans, stock purchases, guarantees, and outright gifts to bankrupt financial institutions, accompanied by all sorts of optimistic statements that, this time, it will work. Yet the economy continues to collapse. The US is now losing over half a million jobs per month, and headed toward a million. (and Australia follows obediently behind). Home foreclosures are at record highs, bankruptcies are soaring, and governments at all levels are seeing unprecedented revenue shortfalls. Our whole society is breaking apart, at a accelerating rate. All of this, even before the bills for the bailout begin to come due.

How are we going to pay for these enormous obligations our governments has so criminally dumped upon us, when we're already operating at a loss? It's no secret: HIGHER TAXES and CUTS TO SERVICES. The recent comments by US Transportation Secretary Ray LaHood about taxing drivers per mile driven are indicative of where were are headed, as the budget crises become more acute. More toll roads, higher fees for water and sewer services, fees to use public facilities that were previously free, the expansion of traffic cameras to enhance revenues from fines and jack up insurance rates—this is where we are headed. People with special health and educational needs will increasingly be abandoned, as services are cut.

Take California, as a case in point: A survey released yesterday by the University of California at Los Angeles Centre for Health Policy Research reports that 47% of those over 65 years old—864,000 people—cannot afford all of their food, housing, travel, and medical expenses, and have to make daily choices whether to pay for food or utilities, rent or medicine. In upscale Silicon Valley, 48% of seniors fall below what the report calls the survival standard. Seven out of ten Latino and African-American seniors, and six out of ten Asian seniors, fall below that standard. And that was before the most recent shock of the economic crisis hit.

The California state budget passed the week of Feb. 16 will CUT SOCIAL SECURITY direct payments to hundreds of thousands of seniors by $37 each month, with another $20 per month to be cut beginning July.The United States may not want to go down that path, but that is precisely where their economic policies are leading them – and us!

To enforce such savage austerity will require policies that, as John Maynard Keynes bragged, are easier to implement in a totalitarian state. If you think that can't happen here, you didn't pay much attention to the moves Dick Cheney and George Bush were making under the guise of the war on terror. We are already well down that path, and the fascists are salivating at their prospects.

That's bad enough, but there is an even larger danger: that the effect of all the money-pumping will spark HYPERINFLATION of the sort that hit Weimar Germany in 1923, or Zimbabwe today. But, whereas those crises are largely confined to individual nations, hyperinflation of the dollar will be a GLOBAL CATASTROPHY. World trade, largely conducted in dollars, will grind to a halt, triggering FAMINES and BLACKOUTS in nations dependent upon foreign supplies of food and energy. Raw materials will cease to flow, stopping manufacturing in its tracks

Such a future need not happen, and can be prevented almost immediately. The principles have already been established, in the US Constitution, in the success of Alexander Hamilton in organizing the finances of the young United States, in the success of Abraham Lincoln in holding the Union together under a concerted British attack, and in the success of FDR in defeating the fascists in the 1930s, and leading the US out of the Great Depression.
We must turn our backs on monetarism, upon the belief that economies are run through the manipulation of money, and return to the principles of physical economy.

We must deal with our financial problems, putting the financial system through bankruptcy, but that is just cleaning up the mess. The real solution requires rebuilding our productive base at the highest technological level.
Globalization is a sham. It leads nowhere. Strong economic communities are not built on ‘speculation’ money manipulation and endless credit (debt) but on the real-time production of projects, infrastructure, agriculture, goods and services which are all generated through the honest LABOUR of PEOPLE – the real measure of a nation’s development and prosperity.

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zarathustra
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Re: The Road To Corporate Fascism

Post by zarathustra »

Nick, as the old cliche says, a little knowledge is dangerous. I suspect you're not really serious about contributing to this debate, perhaps you think of it as a bit of fun after a hard days work at the office...the problem is, its people like you who are not only misinformed, but spread a lot of disinformation. I know the letters and article you are referring to, and in both cases they are way out of context. I've provided you with a bit of information below, which, I suggest, if you're serious, you investigate...why take my word for it? But I suspect you're not serious at all...

In the summer of 1933, shortly after Roosevelt's 'First 100 Days,' America's richest businessmen were in a panic. It was clear that Roosevelt intended to conduct a massive redistribution of wealth from the rich to the poor. Roosevelt had to be stopped at all costs. The answer was a military coup, along the lines of the recently successful coups of their friends, Adolf Hitler in Germany and Benito Mussolini in Italy. It was to be secretly financed and organized by leading officers of the Morgan and Du Pont empires. This included some of America's richest and most famous names of the time:

# Irenee DuPont - Right-wing chemical industrialist and founder of the American Liberty League, the organization assigned to execute the plot.
# Grayson Murphy - Director of Goodyear, Bethlehem Steel and a group of J. P. Morgan banks.
# William Doyle - Former state commander of the American Legion and a central plotter of the coup.
# John W. Davis - A senior attorney for the very rich and very powerful banker J. P. Morgan and the 1924 Democratic candidate for the presidency.
# Al Smith - Al Smith had been a good friend of Roosevelt's and his predecessor as governor of New York. But after his failed run for the presidency, for which he had twice been nominated by F.D.R. (in 1924 & 1928), he became a bitter enemy of F.D.R. , when he lost the nomination to him in 1932. Smith then became as far right as he had been far left, a codirector of the American Liberty League ( of the "filthy rich").
# John J. Raskob - A high-ranking Du Pont officer and a former chairman of the Democratic Party, prior to F.D.R. In later decades, Raskob would become a 'Knight of Malta,' a Roman Catholic Religious Order with a high percentage of CIA spies, including CIA Directors William Casey, William Colby and John McCone.
# Robert Clark - One of Wall Street's richest bankers and stockbrokers.
# Gerald MacGuire - Bond salesman for Clark, and a former commander of the Connecticut American Legion. MacGuire was the key recruiter to General Butler.

The plotters attempted to recruit General Smedley Butler to lead the coup. They selected him because he was a war hero who was popular with the troops. The plotters felt his good reputation was important to make the troops feel confident that they were doing the right thing by overthrowing a democratically elected president. However, this was a mistake: Butler was popular with the troops because he identified with them. That is, he was a man of the people, not the elite. When the plotters approached General Butler with their proposal to lead the coup, he pretended to go along with the plan at first, secretly deciding to betray it to Congress at the right moment.

What the businessmen proposed was dramatic: they wanted General Butler to deliver an ultimatum to Roosevelt. Roosevelt would pretend to become sick and incapacitated from his polio, and allow a newly created cabinet officer, a 'Secretary of General Affairs,' to run things in his stead. The secretary, of course, would be carrying out the orders of Wall Street. If Roosevelt refused, then General Butler would force him out with an army of 500,000 war veterans from the American Legion. But MacGuire assured Butler the cover story would work:

'You know the American people will swallow that. We have got the newspapers. We will start a campaign that the President's health is failing. Everyone can tell that by looking at him, and the dumb American people will fall for it in a second�' The businessmen also promised that money was no object: Clark told Butler that he would spend half his $60 million fortune to save the other half.

And what type of government would replace Roosevelt's New Deal? MacGuire was perfectly candid to Paul French, a reporter friend of General Butler's: 'We need a fascist government in this country� to save the nation from the communists who want to tear it down and wreck all that we have built in America. The only men who have the patriotism to do it are the soldiers, and Smedley Butler is the ideal leader. He could organize a million men overnight.' .

Indeed, it turns out that MacGuire travelled to Italy to study Mussolini's fascist state, and came away mightily impressed. He wrote glowing reports back to his boss, Robert Clark, suggesting that they implement the same thing.

If this sounds too fantastic to believe, we should remember that by 1933, the crimes of fascism were still mostly in the future, and its dangers were largely unknown, even to its supporters. But in the early days, many businessmen openly admired Mussolini because he had used a strong hand to deal with labor unions, put out social unrest, and get the economy working again, if only at the point of a gun. Americans today would be appalled to learn of the many famous millionaires back then who initially admired Hitler and Mussolini: Henry Ford (who is shown being idolized by Hitler), John D. Rockefeller, John and Allen Dulles (who, besides being millionaires, would later become Eisenhower's Secretary of State and CIA Director, respectively), and, of course, everyone on the above list. They disavowed Hitler and Mussolini only after their atrocities grew to indefensible levels.

The plot fell apart when Butler went public. The general revealed the details of the coup before the McCormack-Dickstein Committee, which would later become the notorious House Un-American Activities Committee. The Committee heard the testimony of Butler and French, but failed to call in any of the coup plotters for questioning, other than MacGuire. In fact, the Committee whitewashed the public version of its final report, deleting the names of powerful businessmen whose reputations they sought to protect. The most likely reason for this response is that Wall Street had undue influence in Congress also. Even more alarming, the elite-controlled media failed to pick up on the story, and even today the incident remains little known. The elite managed to spin the story as nothing more than the rumors and hearsay of Butler and French, even though Butler was a Quaker of unimpeachable honesty and integrity. Butler, appalled by the cover-up, went on national radio to denounce it, but with little success.

Butler was not vindicated until 1967, when journalist John Spivak uncovered the Committee's internal, secret report. It clearly confirmed Butler's story:. In the last few weeks of the committee's life it received evidence showing that certain persons had attempted to establish a fascist organization in this country�

There is no question that these attempts were discussed, were planned and might have been placed in execution if the financial backers deemed it expedient�

MacGuire denied [Butler's] allegations under oath, but the committee was able to verify all the pertinent statements made to General Butler, with the exception of the direct statement suggesting the creation of the organization. This, however, was corroborated in the correspondence of MacGuire with his principle, Robert Sterling Clark, of New York City, while MacGuire was abroad studying the various form of veterans' organizations of Fascist character. Needless to say, the survival of America's democracy is not an automatic or sure thing. Americans need to remain vigilant against all enemies. . . both foreign and domestic."

Z
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Tomas
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The smooth criminal transition from Bush/Cheney to Obama

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The smooth criminal transition from Bush/Cheney to Obama

-snips-

AIG, one of the largest pools of investment capital on earth, is also one of the largest launderers of drug money and illegal funds for covert operations. Mike Ruppert's investigation "AIG" (From The Wilderness, August 14, 2001) exhaustively deconstructed Greenberg and AIG, exposing continuing connections to covert operations, narco trafficking, money laundering, and AIG's central role in the Wall Street/Washington power nexus.

AIG's involvement in US covert operations stretches back to World War II, in its roots as C.V. Starr, the intelligence-related proprietary founded by OSS agent Cornelius Vander Starr. The Starr proprietary was connected to CIA/OSS figures Paul Helliwell and Tommy Corcoran. The notorious CIA fronts connected to C.V. Starr, including Civil Air Transport, Sea Supply, and Air America/Pacific Corp were exposed by Peter Dale Scott in his book Drugs, Oil, and War: The United States in Afghanistan, Colombia, and Indochina.

In other words, Greenberg remains in charge of the heart of AIG.

...the Obama promise is more perpetual war:

-Click URL for complete article-

http://onlinejournal.com/artman/publish ... 4578.shtml
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Tomas
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PRAVDA article: American descent into Marxism

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American descent into Marxism happening with breathtaking speed

PRAVDA article

-snips-

It must be said, that like the breaking of a great dam, the American descent into Marxism is happening with breathtaking speed, against the backdrop of a passive, hapless sheeple.

True, the situation has been well prepared on and off for the past century, especially the past twenty years. The initial testing grounds was conducted upon Russia and a bloody test it was. But we Russians just would not roll over and give up our freedoms and our souls, no matter how much money Wall Street poured into the fists of Marxists.

These lessons were taken and used to properly prepare the American populace for the surrender of their freedoms and souls, to the whims of their elites and betters.

-Click URL for complete article-

http://english.pravda.ru/opinion/columnists/107459-0
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Tomas
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Who's to blame for rising gas prices?

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Who's to blame for rising gas prices?

Why would gasoline prices rise in the midst of a deep recession?

-snip-

A King Dollar policy -- a stronger dollar -- and deregulating the energy markets, would be the best
remedies for stabilizing energy prices. But neither one is going to happen, so you better get used
to higher gasoline prices. They are inevitable.

-Click URL for complete article-

http://www.humanevents.com/article.php?id=32283
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America Walks the Road of Collectivism

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America Walks the Road of Collectivism

-snip-

Other targeted cities, according to Brookings Institution, are Philadelphia, Pittsburgh, Baltimore and Memphis.

Mistake this not, this shrinkage plan and its actions are absolutely nothing short of the initial steps of Marxist collectivism, which has only one conclusion: absolute control of the masses and liquidation of private property rights. All this is done with a smiling face and encouragements that this is critical for your survival and your childrens' futures. Well, it will be a smiling face at first, followed by a sharp bayonet, later.

-Click URL for complete article-

http://mat-rodina.blogspot.com/2009/06/ ... ivism.html
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Federal Reserve under attack from all angles

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Federal Reserve under attack from all angles

Hires PR Firm to Fight Audit

NERVOUS THAT ITS BACKROOM money dealings may soon come under public scrutiny, the Federal Reserve is reportedly bringing in the big guns in an effort to quash Rep. Ron Paul's landmark "Audit the Fed" bill (H.R. 1207), which has garnered 208 cosponsors as this issue goes to press-nearly half the members of the House of Representatives.

-Click URL for complete article-

http://www.americanfreepress.net/html/r ... k_181.html
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Re: America Walks the Road of Collectivism

Post by DHodges »

Tomas wrote:America Walks the Road of Collectivism

http://mat-rodina.blogspot.com/2009/06/ ... ivism.html
One, this is an out and out admittance that the US is done and those industrial zones will never return and the empty factories will never be filled, thus the city infrastructure that supported them and was built around them is no longer needed.
Man, that's paranoid. There's no way the US (in general) will return to being more agrarian.

I think it far more likely that the US will return to some level of actually producing things - manufacturing. (The "service economy" model was doomed when we started offshoring all the servicing.) The increasing cost of oil and gas mean that the centralized city model becomes more useful, and it is the car-requiring suburbs that are doomed, or at least will shrink substantially.

At least that's what I see for Philadelphia. Detroit is doomed.
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Re: America Walks the Road of Collectivism

Post by Tomas »

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America Walks the Road of Collectivism

http://mat-rodina.blogspot.com/2009/06/ ... ivism.html

One, this is an out and out admittance that the US is done and those industrial zones will never return and the empty factories will never be filled, thus the city infrastructure that supported them and was built around them is no longer needed.

-Dave-
Man, that's paranoid. There's no way the US (in general) will return to being more agrarian.

-tomas-
The author lived under a communist regime for years and years. Who better to learn from than the former commies who finally see the light? Where is America going to find the food to feed an extra 100 million coming our way? As fuel costs soar - so do agricultural costs. This corn-to-ethanol is one big cluster-fuck, the water to irrigate the corn is an astronomical amount.


-Dave-
I think it far more likely that the US will return to some level of actually producing things - manufacturing. (The "service economy" model was doomed when we started offshoring all the servicing.) The increasing cost of oil and gas mean that the centralized city model becomes more useful, and it is the car-requiring suburbs that are doomed, or at least will shrink substantially.

-tomas-
In agreement.


-Dave-
At least that's what I see for Philadelphia. Detroit is doomed.

-tomas-
Nope .. Philly has no choice but to shrink. New York City will win out. Too many people to feed in Philly. A whole lot of welfare in that city/suburbs. Too much sprawl. When the starvation hit, most everybody doesn't know a whit on how to subsist on simple gardening much less how to plant and nurture a garden. The winter, they have no concept how to store food. The days of Big Macs & Twinkies are soon gonna be shut down.

Detroit? -- corrupt government did them in. Freebies for the masses and well-connected = greed.
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Mounting jobless claims force states to borrow funds

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Mounting jobless claims force states to borrow funds

-snips-

15 states have depleted funds so far

30 of 50 states expected to borrow $17 billion from U.S. Treasury

"We are setting the stage for big pressure for states to restrict eligibility and benefit levels," said McHugh. "Those type of restrictive actions undercut the (Depression-era programs) economic and social stability purposes."

-Click URL for complete article-

http://www.cnbc.com/id/31565441
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The Current Battle against States Secret Privilege

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The Current Battle against State Secrets Privilege

'Sanitization' is not the answer

Article by Sibel Edmonds

http://justacitizen.com
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Re: The Road To Corporate Fascism

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zarathustra wrote:Strong economic communities are not built on ‘speculation’ money manipulation and endless credit (debt) but on the real-time production of projects, infrastructure, agriculture, goods and services which are all generated through the honest LABOUR of PEOPLE – the real measure of a nation’s development and prosperity.

Z
Do not undervalue credit. Credit is not debt.

Governments have no one to sign for credit. They are imaginary people. People have no debts, but may experience obligation.
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Obama taking us on path to fascism

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Obama taking us on path to fascism

The Bulletin (Philadelphia) via the American Thinker
By Herb Denenberg


Now that whiff has turned into a strong stench of fascism, as the Obama Administration uses the
vast resources of the federal government to squelch criticism and silence and intimidate critics.
Here are some of the recent examples of that: GO HERE: http://www.thebulletin.us/articles/2009 ... 678853.txt
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Re: The Road To Corporate Fascism

Post by Carl G »

Obama is just a spokesperson, and not a very good one, at that. Notice when he talks you can tell there is nothing going on in his mind except how is he coming across. He's a vacuous model, a script reader like the nightly newscasters. You can tell by looking at him that he doesn't think. He cannot. And even if he could, he wouldn't be allowed to think. His job is only to do what he is told. That is why it is always a misnomer to say "Obama vows this," or "Obama calls for that." He is definitely not the villain in this current drama. He's the stooge or fall guy, if anything.
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