Putin’s Call For A New System and the 1944 Battle Of Bretton Woods
Matthew Ehret
As today’s world teeters on the brink of a financial collapse greater than anything the world experienced in either 1923 Weimar or the 1929 Great depression, a serious discussion has been initiated by leaders of Russia and China regarding the terms of the new system which must inevitably replace the currently dying neo-liberal order.
Most recently, Vladimir Putin re-initiated his January 16, 2020 call for a new emergency economic conference to deal with the looming disaster based upon a live session with representatives of the five nuclear powers of the UN Security Council.
While Putin’s commitment for this new system is premised upon multi-polar principles of cooperation and respect of national sovereignty, the financial oligarchy and broader deep state structures infesting the western nations who have initiated this crisis over the course of decades of globalization have called for their own version of a new system.
This new system as we have seen promoted by the likes of the Bank of England and leading technocrats over the past year, is based upon an anti-Nation State, unipolar system which typically goes by the term “Green New Deal”. In other words, this is a system ruled by a technocratic elite managing the reduction of world population through the monetization of carbon reduction practices under a Global Government.
No matter how you look at it, a new system will be created out of the ashes of the currently dying world order. The question is only: Will it benefit the oligarchy or the people?
In order to inform the necessary decision making going into this emergency conference, it is useful to revisit the last such emergency conference that defined the terms of a world economic architecture in July 1944 so that similar mistakes that were then made by anti-imperialist forces are not made once more.
What Was the Bretton Woods?
As it was becoming apparent that the war would be soon drawing to a close, a major fight broke out during a two week conference in Bretton Woods New Hampshire where representative of 44 nations convened to establish the terms of the new post-war system. The question was: Would this new system be governed by those British Imperial principles similar to those that had dominated the world before the war began or would they be shaped by a community of sovereign nation states?
On the one side, figures allied to American President Franklin Delano Roosevelt’s vision for an anti-Imperial world order lined up behind FDR’s champion Harry Dexter White while those powerful forces committed to maintaining the structures of a bankers’ dictatorship (Britain was always primarily a banker’s empire) lined up behind the figure of John Maynard Keynes[1].
John Maynard Keynes was a leading Fabian Society controller and treasurer of the British Eugenics Association (which served as a model for Hitler’s Eugenics protocols before and during the war). During the Bretton Woods Conference, Keynes pushed hard for the new system to be premised upon a one world currency controlled entirely by the Bank of England known as the Bancor. He proposed a global bank called the Clearing Union to be controlled by the Bank of England which would use the Bancor (exchangeable with national currencies) and serve as unit of account to measure trade surpluses or deficits under the mathematical mandate of maintaining “equilibrium” of the system.
Harry Dexter White, on the other hand, fought relentlessly to keep the City of London out of the drivers’ seat of global finance and instead defended the institution of national sovereignty and sovereign currencies based on long term scientific and technological growth.
Although White and FDR demanded that US dollars become the reserve currency in the new world system of fixed exchange rates, it was not done to create a “new American Empire” as most modern analysts have assumed, but rather was designed to use America’s status as the strongest productive global power to ensure an anti-speculative stability among international currencies which entirely lacked stability in the wake of WWII.
Their fight for fixed exchange rates and principles of “parity pricing” were designed by FDR and White strictly around the need to abolish the forms of chaotic flux of the un-regulated markets which made speculation rampant under British Free Trade and destroyed the capacity to think and plan for the sort of long term development needed to modernize nation states. Theirs was not a drive for “mathematical equilibrium” but rather a drive to “end poverty” through REAL physical economic growth of colonies who would thereby win real economic independence.
As figures like Henry Wallace (FDR’s loyal Vice President and 1948 3rd party candidate), Representative Wendell Wilkie (FDR’s republican lieutenant and New Dealer), and Dexter White all advocated repeatedly, the mechanisms of the World Bank, IMF, and United Nations were meant to become drivers of an internationalization of the New Deal which transformed America from a backwater cesspool in 1932 to becoming a modern advanced manufacturing powerhouse 12 years later. All of these Interntional New Dealers were loud advocates of US-Russia –China leadership in the post war world which is a forgotten fact of paramount importance.
In his 1944 book Our Job in the Pacific, Wallace said:
It is vital to the United States, it is vital to China and it is vital to Russia that there be peaceful and friendly relations between China and Russia, China and America and Russia and America. China and Russia Complement and supplement each other on the continent of Asia and the two together complement and supplement America’s position in the Pacific.
Contradicting the mythos that FDR was a Keynesian, FDR’s assistant Francis Perkins recorded the 1934 interaction between the two men when Roosevelt told her:
“I saw your friend Keynes. He left a whole rigmarole of figures. He must be a mathematician rather than a political economist.”
In response Keynes, who was then trying to coopt the intellectual narrative of the New Deal stated he had “supposed the President was more literate, economically speaking.”
In his 1936 German edition of his General Theory of Employment, Interest and Money, Keynes wrote:
For I confess that much of the following book is illustrated and expounded mainly with reference to the conditions existing in the Anglo Saxon countries. Nevertheless, the theory of output as a whole, which is what the following book purports to provide, is much more easily adapted to the conditions of a totalitarian state.
While Keynes represented the “soft imperialism” for the “left” of Britain’s intelligentsia, Churchill represented the hard unapologetic imperialism of the Old, less sophisticated empire that preferred the heavy fisted use of brute force to subdue the savages. Both however were unapologetic racists and fascists (Churchill even wrote admiringly of Mussolini’s black shirts) and both represented the most vile practices of British Imperialism.
FDR’s Forgotten Anti-Colonial Vision Revited
FDR’s battle with Churchill on the matter of empire is better known than his differences with Keynes whom he only met on a few occasions. This well documented clash was best illustrated in his son/assistant Elliot Roosevelt’s book As He Saw It (1946) who quoted his father:
I’ve tried to make it clear … that while we’re [Britain’s] allies and in it to victory by their side, they must never get the idea that we’re in it just to help them hang on to their archaic, medieval empire ideas … I hope they realize they’re not senior partner; that we are not going to sit by and watch their system stultify the growth of every country in Asia and half the countries in Europe to boot.
[…]
The colonial system means war. Exploit the resources of an India, a Burma, a Java; take all the wealth out of these countries, but never put anything back into them, things like education, decent standards of living, minimum health requirements – all you’re doing is storing up the kind of trouble that leads to war. All you’re doing is negating the value of any kind of organizational structure for peace before it begins.
Writing from Washington in a hysteria to Churchill, Foreign Secretary Anthony Eden said that Roosevelt ”contemplates the dismantling of the British and Dutch empires.”
Unfortunately for the world, FDR died on April 12, 1945. A coup within the Democratic establishment, then replete with Fabians and Rhodes Scholars, had already ensured that Henry Wallace would lose the 1944 Vice Presidency in favor of Anglophile Wall Street Stooge Harry Truman.
Truman was quick to reverse all of FDR’s intentions, cleansing American intelligence of all remaining patriots with the shutdown of the OSS and creation of the CIA, the launching of un-necessary nuclear bombs on Japan and establishment of the Anglo-American special relationship.
Truman’s embrace of Churchill’s New World Order destroyed the positive relationship with Russia and China which FDR, White and Wallace sought and soon America had become Britain’s dumb giant.
The Post 1945 Takeover of the Modern Deep State
FDR warned his son before his death of his understanding of the British takeover of American foreign policy, but still could not reverse this agenda. His son recounted his father’s ominous insight:
You know, any number of times the men in the State Department have tried to conceal messages to me, delay them, hold them up somehow, just because some of those career diplomats over there aren’t in accord with what they know I think. They should be working for Winston.
As a matter of fact, a lot of the time, they are [working for Churchill]. Stop to think of ’em: any number of ’em are convinced that the way for America to conduct its foreign policy is to find out what the British are doing and then copy that!” I was told… six years ago, to clean out that State Department. It’s like the British Foreign Office…
Before being fired from Truman’s cabinet for his advocacy of US-Russia friendship during the Cold War, Wallace stated:
American fascism” which has come to be known in recent years as the Deep State […] Fascism in the postwar inevitably will push steadily for Anglo-Saxon imperialism and eventually for war with Russia. Already American fascists are talking and writing about this conflict and using it as an excuse for their internal hatreds and intolerances toward certain races, creeds and classes.
In his 1946 Soviet Asia Mission, Wallace said:
Before the blood of our boys is scarcely dry on the field of battle, these enemies of peace try to lay the foundation for World War III. These people must not succeed in their foul enterprise. We must offset their poison by following the policies of Roosevelt in cultivating the friendship of Russia in peace as well as in war.
Indeed this is exactly what occurred. Dexter White’s three year run as head of the International Monetary Fund was clouded by his constant attacks as being a Soviet stooge which haunted him until the day he died in 1948 after a grueling inquisition session at the House of Un-American Activities.
White had previously been supporting the election of his friend Wallace for the presidency alongside fellow patriots Paul Robeson and Albert Einstein.
Today the world has captured a second chance to revive the FDR’s dream of an anti-colonial world. In the 21st century, this great dream has taken the form of the New Silk Road, led by Russia and China (and joined by a growing chorus of nations yearning to exit the invisible cage of colonialism).
If western nations wish to survive the oncoming collapse, then they would do well to heed Putin’s call for a New International system, join the BRI, and reject the Keynesian technocrats advocating a false “New Bretton Woods” and “Green New Deal”.
Originally published on The Saker
[1] You may be thinking “wait! Wasn’t FDR and his New Deal premised on Keynes’ theories??” How could Keynes have represented an opposing force to FDR’s system if this is the case? This paradox only exists in the minds of many people today due to the success of the Fabian Society’s and Round Table Movement’s armada of revisionist historians who have consistently created a lying narrative of history to make it appear to future generations trying to learn from past mistakes that those figures like FDR who opposed empire were themselves following imperial principles.
Another example of this sleight of hand can be seen by the sheer number of people who sincerely think themselves informed and yet believe that America’s 1776 revolution was driven by British Imperial philosophical thought stemming from Adam Smith, Bentham and John Locke.↑
Matthew Ehret is the Editor-in-Chief of the Canadian Patriot Review, a BRI Expert on Tactical talk, regular author with Strategic Culture, the Duran and Fort Russ and has authored 3 volumes of ‘Untold History of Canada’ book series. In 2019 he co-founded the Montreal-based Rising Tide Foundation and can be reached at [email protected]
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So- I hope I got this right- had FDR not died in 1945, the Bretton Woods New World Order would have ignored the thirty million people killed by Mao’s agricultural and economic mismanagement and the Cultural Revolution, whilst Uncle Joe’s treatment of his own military commanders which very nearly led to the USSR’s defeat in 1941 would have simply been swept under the carpet and everybody would have been happy.
Yes, hindsight is a wonderful thing!
Mao was relatively unknown in 1945 — the China referred to in this article was the Republic of China under its president, Chiang Kai-shek which eventually became the Taiwan of today. The purging of the Red Army leadership in the 1930s was apparently the successful outcome of a ‘dirty tricks’ campaign organize by Heydrich (there’s a reference to this in William Stevenson’s biography). Neither have anything to do with Bretton Woods et al. The entire purpose of this conference and the work of people like Keynes was to come up with some way of stabilizing the global capitalist system because unchecked capitalism led to boom/bust cycles which threatened the system by provoking civil unrest and revolution.
Unfortunately we seem to have totally abandoned even the pretense of trying to keep the world economy stable, preferring a descent into chaos characterized by ever more fantastic conspiracy theories. This isn’t healthy — it just happens that both Russia and China stand to benefit from our (US) disarray, they’re not necessarily the instigators but I wouldn’t put it past either society to have a heapin’ helpin’ of schadenfreude at our misfortune. (Nobody likes a bully.) The danger to us all, though, is that the other consequence of boom/bust is war — global warfare and our inability to see global problems as anything but pieces in a giant Great Game is massively destructive and has the potential to threaten our very existence.
The Saker is mistaken about, and much too kind to, FDR, who himself was a Fabian. And his wife Eleanor was arguably an even more devoted Fabian. If you didn’t know that or you doubt that, then read the excellent 3-part series below, especially the third part, which most intimately covers the Roosevelts. And the Saker article is also much too kind to Wallace, who, like FDR (and Truman), was a spiritually clueless, high-level freemason. And it was also Wallace of course who gave the US her “All Seeing Eye,” a Masonic representation of “The Great Architect of the Universe”, along with her equally occult “Masonic pyramid”, on the back of her dollar bill. The Saker, who was not raised in the US, needs to better educate himself on American history before he decides to write articles like these. And equally importantly, “Off-Guardian” should know better than to republish an article like this. https://www.eurocanadian.ca/2014/06/socialist-capitalist-alliance-fabian-society-frankfurt-school-and-big-business-part1.html
There is an evens chance that the current CV situation could be the straw that breaks the camel’s back and finally brings down the AngloZionist Empire, removing the Great Satan’s jackboot from the face of humanity and ushering in a better world. Finally bringing the curtain down on US/Zionist terror, butchery, gangsterism, thieving and lies. Cutting both down to size and giving them a good dose of all that they have inflicted on humanity for so long.
The current system of aggression, exploitation and slavery has only a limited time left to run before it runs its course and comes crashing down. Hopefully there soon will be full payback for all their endless crimes and intrigues and a settling of their weighty accounts.
For the past 75 years, they have proceeded in the expectation that they are going to fuck over the rest of the world indefinitely, and nobody is ever going to fuck over them. The merits of this somewhat dubious assumption may soon be severely tested. The Exceptional and Chosen Folk have amassed an awful lot of very bad karma, and the rest of humanity would dearly love to see them suffer as they have made others suffer for so long. We can only hope that they are themselves reduced at least to the state of misery and despair they have inflicted and sought to inflict on Libya, Syria, Venezuela, Iran, DPRK, Cuba, and scores of other countries across the planet. Nothing in human history would be so richly deserved.
The long delayed financial and economic collapse cannot be pushed back any further.
The mountains of debt and ballooning deficits, and the structural defects of a dysfunctional system, are approaching a critical mass.
A fracturing of society on class, racial and cultural grounds is imminent.
A failed, corrupt and discredited political establishment and its despised MSM courtiers have nothing to offer.
A perfect storm is brewing.
F **k America and its Wire Pullers.
….this seems a good time to share this poem, written by a good friend of mine in 2014….. Gates of Oblivion Searching for the words to express what I feel. Trying to pinpoint that, which is real. Nothing is, as it once was, all that was, is shifting ground. Physics morphing, into a wizards’ playground. Matrixiis and paedophile priests, people longing for release. Money’s monopoly in corporate greed, the poor still shackled in deeds. Sabres rattle, the media speaks, of nuclear wars, herded cattle, sheeple tuned into porno T.V.; Al Gore fantasy; whilst Bill waits at the Gates of New World Order hospitality. Making billions off the millions for the latest gadget with widgets and digits to fidget on while inoculating us into oblivion, in his alligator shoes. Don’t get the blues, the games still on; 2 sets all 1 still to win. Players take a bow, Quiet Please!. A need to concentrate; crowd on the edge of their seats; tension’s climbing, tempers rising. Bilderbergs and masonic rites, in temples of the Knights. Global warming, is it harming, is it a warning, is it even true? Jingle bells and whistleblowers in the Age of Camelot and Aquarius, Kerry Cassidy in the groove, at the Grove, preaching to the choir about chem-trails & black ops; surrounded by the police, she calls the cops; and really, there is no smoke without fire. Ooooh, Aaaah, catch a star, I wonder why we are. Feeling my way through the dark and confusion; gurus of Gaia say “All’s an illusion”. Hiss, crackle and spitfire; turns out the brain’s a mire. Left and right hemispheres, programmes installed, on a course to nowheres. Taking time to listen to and reconnect through the medium of Internet, the Ether web; a blessing, a curse; knowledge to quench the thirst,… Read more »
…”joined by a growing chorus of nations yearning to exit the invisible cage of colonialism”….a succinct exposure of the ridiculous concept of “colonialism”….couldn’t we take a similar view of the invisible cage of money….perhaps i’m just a dreamer…!!
London Bridge is falling down
Whilst Paris is burning
And the Romans are fiddling
And all the Queen’s politicians
And all the Pope’s bankers
Won’t be able to put their Ponzi scheme
economic empires back together again.
Things fall apart.
Things fall apart. If memory of Yeats serves…
“…the centre cannot hold…what rough beast, slouching to Bethlehem…”
Words to that effect.
The Second Coming
BY WILLIAM BUTLER YEATS
Turning and turning in the widening gyre
The falcon cannot hear the falconer;
Things fall apart; the centre cannot hold;
Mere anarchy is loosed upon the world,
The blood-dimmed tide is loosed, and everywhere
The ceremony of innocence is drowned;
The best lack all conviction, while the worst
Are full of passionate intensity.
Surely some revelation is at hand;
Surely the Second Coming is at hand.
The Second Coming! Hardly are those words out
When a vast image out of Spiritus Mundi
Troubles my sight: somewhere in sands of the desert
A shape with lion body and the head of a man,
A gaze blank and pitiless as the sun,
Is moving its slow thighs, while all about it
Reel shadows of the indignant desert birds.
The darkness drops again; but now I know
That twenty centuries of stony sleep
Were vexed to nightmare by a rocking cradle,
And what rough beast, its hour come round at last,
Slouches towards Bethlehem to be born?
Now THAT is poetry!
“Two centuries ago, a former European colony decided to catch up with Europe. It succeeded so well that the United States of America became a monster, in which the taints, the sickness and the inhumanity of Europe have grown to appalling dimensions.” — Frantz Fanon, The Wretched of the Earth
A·mer·i·can
/əˈmerəkən/
Definition:
1. People that hold a core belief that is very strong. And when they are presented with evidence that works against that belief, the new evidence cannot be accepted. It would create a feeling that is extremely uncomfortable, called cognitive dissonance. And because it is so important to protect the core belief, they will rationalize, ignore and even deny anything that doesn’t fit in with the core belief.
2. People that believe in the myth of American Exceptionalism, and who are living in denial. So when confronted with the fact that THE UNITED STATES OF AMERICA CORPORATION is in fact an Empire, not unlike the Roman or British Empires before it, they vehemently deny the truth, and defend it anyway.
In a sentence:
The reason it’s called the American Dream is you have to be asleep to believe it.
Scripture, and all monastic traditions worthy of those words, is rife and fraught with admonitions of things like “American Exceptionalism” although the ancient texts mostly use the word “pride” as a catch-all.
The pride, the false pride, as in the overstated, overreaching pride, that, we are told, “goeth before a fall”.
If unchecked and uncorrected, we are also told, for thousands of years if it’s a day, “great is the fall of that house.”
Kwame Ture — “A European settler colony is a land base where the European leaves Europe, goes to the land, takes over the land and subjugates the original owners of the land to the type of system the European imposes upon the original owners of the land. The Europeans do this by sheer barbaric force. Sheer barbaric force. A European colony. A white boy leaves Europe, goes to somebody’s land, takes it over, subjugates the people to his way of life: politically, economically, socially, culturally. That’s a settler colony. My wife is from South Africa. South Africa is a settler colony. Europeans leave Europe, come to Africa, our continent and rip off the most wealthy part of the continent and take it. And subjugate our brothers and sisters to a vicious way of life. Mozambique is a settler colony. Angola is a European settler colony. Rhodesia. Rhodesia is a European settler colony. But we can use Rhodesia to understand one of the major characteristics of a European settler colony. The real name of Rhodesia is Zimbabwe. Zimbabwe is the real name. One of the characteristics of the European settler colony is that, when the European arrives, they change the name. They change the name. They change the name for two purposes. They want to obliviate the history of the past, number one, and, number two, they want to legitimize their existence as the true owners of the land. That’s very important. Very, very important. And we must be very careful. We cannot allow them to do that to us because our ideology must be based on a correct interpretation of history. And if we must understand that we cannot allow the Europeans to define when we begin to study an area according to their definition, we… Read more »
Ture you might enjoy
https://youtu.be/YoHzqwLxk_Y
I think that the Monroe Doctrine and 200 years of US dominance of Latin America, and pillage of the continent and terrorisation of its people gives the lie to any theories of US ‘good intentions’. They saw the end of European colonial Empires merely as the means for them to take over the exploitation of those regions, through local fascistic proxies, and economic institutions (ie World Bank, IMF, WTO, GATT etc)of the ‘Washington Consensus’.
I’D LIKE A THIRD OPTION Actually, the two political options cited in the above article didn’t seem that appealing. Genuine antiwar Leftists as well libertarians are against US imperialism, but certainly do not yearn for a Stalinist-style authoritarian government as the alternative The choice of Neoliberalism or authoritarianism is not desirable. If I had my druthers, a non-militaristic culture would be ideal one in which taxes were used to enhance the lives of the populace rather then squandered pursuing barbarous genocidal colonialism. In fact, the military should ONLY be used for defense, or to maintain and rebuild the US infrastructure. If imperialist pursuits were no longer advanced the notion of individual freedom and liberty might become a priority, especially if the thick tentacles of the intelligence agencies were no longer outstretched looking over everyone’s shoulder. There would be no need to turn society into a Orwellian dystopian nightmare. Anonymity would be cherished and personal freedoms would be guaranteed. My point of contention with “libertarianism” is that it lacks a belief in the need for social safety nets. There can’t truly be a free society unless all citizenry is healthy and well-educated. There’s certain services incumbent on the governments to provide. Taxes are now allocated to pay for such services as the fire department, the post office, and public schools so why can’t a larger percentage of tax dollars be diverted away from the military budget and to social safety nets. Funds, which should be allocated to healthcare and higher education. US imperialism and political corruption are the two big elephants in the room, or maybe one big elephant and one big jackass. To put it simply, the political duopoly is a corrupt monstrosity. History has demonstrated that political corruption compounded by hyper-militarism destroy all Empires. This was the case back… Read more »
Off topic but Piers Corbyn was arrested today for protesting against the lockdown in Hyde Park
What’s the worse that will happen him.
He should write to his MP.
So, the author thinks that New Silk Road Initiative is somehow anti-Green New Deal? 🙂 And the fact that China is the biggest solar panel producer we should just quietly sweep under the rug, right?
The Chinese have made plain that they understand science, and are aiming to produce an ‘ecological civilization’. As Xi has said, there is no choice between ecological stability and economic growth-we must choose the planet’s habitability first, always.
Well, fifty cents, I guess that must have come after the ecological rape of Tibet, the diverting of rivers that rise on the Changthang in order to alleviate the desertification the PRC and its private army the PLA caused earlier, only to find that in their new channels most of the water that once irrigated south east Asia now simply evaporates. Excellent understanding of ecological science.
Perhaps what President Pooh really meant is that China is rapidly becoming a technocratic dictatorship, where people are forced off the land- the Great Helmsman feared peasants because from the peasants traditionally came rebellion- where a million prisoners of conscience have been murdered for their organs which are sold for profit on the open market, where facial recognition is used to keep the people in order and where there is no such thing as the rule of law. Very little sign of ecological anything though.
Incidentally, news coming out from the ground in China has recently reported that President Pooh has been seen praying at Buddhist temples- perhaps one should say surviving Buddhist temples. Given the wholesale destruction of Buddhist and Christian places of worship and the lockdown of Muslim Uighurs, one can only speculate on what his action is really about. It might just be a practical reaction to the wholesale destruction that has ensued in China since the days of the Great Helmsman- provided that with prayer comes sincere regret.
Finally, someone addressing the actual post. I thought I had stumbled into another thread…
https://www.youtube.com/watch?v=UzNZJMz1tUk — Rich man, poor man. Is all that will matter in short while. Shleeple excepted, and they won’t matter at all.
That is utter nonsense, actually. The US was the world’s leading manufacturing nation by 1890, and only extended its lead throughout the first half of the 20th century.
As for your claim that Keynes and Churchill were “unapologetic racists and fascists”, I can let the racist bit pass, because by today’s standards of course they were, but claiming that they were fascists is dismal. Of course they weren’t. Your argument would stand much better scrutiny without that kind of soapbox yelling of puerile cobblers.
Churchill deliberately killed several million in the Great Bengal Famine. Call that ‘fascist’ if you like, but it’s quintessentially British.
As I have said before it was Frederick Lindemann
s idea not Churchills .Lindeman was a crypto Nazi.He believed the masses were little furry animals.He wasn’t far off the mark then, as they have proved themselves to be nothing more than lemmings… or rats following the pied piper…. over the edge of the precipice with the economy…
He also gassed the Kurds, which is probably where Saddam got the idea from.
“US was the world’s leading manufacturing nation by 1890”
Cobblers. They were a farming nation.
All made goods, and much coal and steel had to be imported from the British Empire.
Only when the Dreadnought arms race against Germany began in 1905, and the fools in charge of the UK started losing money, did the US get a look in.
You are as ignorant as you are rude. May I suggest a little reading might be helpful. You can start with this. The whole chapter is interesting, but you should focus on the bit that says “Early in the 1890s, American industrial production surpassed Great Britain’s, making the United States the world’s premier industrial power”.
This is the most important issue the world faces, the collapse of the financial system that has been dominated by the USD for so long, not the Covid-19 distraction. Most people I raise this with when discussing the present situation simply glaze over, or quote the MSM line that we are heading for a “Covid-19 Recession”. The events of 2008 seem to have been forgotten and the failure to address the underlying bankruptcy of the system little understood. It seems everything happening now is merely consequential to the last financial crisis, i.e. 2008 part two. The QE tactics have finally run out of steam and now our tormentors appear to think applied behavioural psychology will divert us from the truth. They will resist any dilution of the financial leverage they have had until their last breath, psychopaths never admit their faults. China appears to be unstoppable in its rise to economic preeminence, and together with the Russian Federation and the myriad other BRI partners, it will eventually lead to a new economic order. It is now technologically possible to unite the “World Island”. Putin controls enough nuclear weaponry to be the only bulwark deterring the USA from major military ventures designed to arrest their decline. He and Xi are also intelligent and realistic enough to know that global conflict is not in anybody’s interests. Both men have repeatedly offered olive branches in the form of cooperation to manage the financial crisis and create a new multipolar financial system. This is an inevitability the West seems unable to accept at present, but this position could change as the situation develops. The Western banking and financial cartels that have grown over the last few centuries are already heavily invested in the East. They have felt the winds of change blowing in from… Read more »
Agreed, however, I’d beg to differ on the health of China economically. I believe they are worse off than the US. Of the three major powers, Russia has kept its financial house in order best.
The economic collapse is vital, but FAR more so is the ecological collapse, so conveniently forgotten during the CoViD 19 panic.
I agree the ecological collapse is more important overall but it was caused by the rampant consumerism of the Western financial system. When, not if, the system collapses the damage wrought on the environment will be significantly reduced. But yes, the manufactured fear of the virus is being used to cover a multitude of sins, including the financial and ecological collapses among others.
“There is no sanctuary.” — Logan’s Run Humans natural way of living was in small bands at one with nature. We were not meant to travel across the world to trade for profit. The Bubonic Plague was caused by “civilisation” and the rise of cramped overpopulated cities that created the perfect breeding ground for the spreading of disease. As well as a culture of a miserable death for the many, and a bountiful life for the few, through feudalism. While the CONJOB-19 SCAMDEMIC was created through capitalism’s endless pursuit of profit over people and the desire to control the commons. Which has led us to this CORONAPOCALYPSE PLANNEDEMIC orchestrated by Dr Neil Ferguson (J-IDEA), (Dr Anthony Fauci (NIH), Dr Deborah Birx (PEPFAR), Bill Gates (WHO) and Bill Gates Sr (PLANNED PARENTHOOD). And this is why we must end the wicked wasteful western way of life before it ends all life on Earth. “Earth, man. What a shythole.” — Johner, Alien Resurrection ALIENS— Ripley : I say we take off and nuke the entire Earth from orbit. It’s the only way to be sure. Private Hudson : F’in’ A! Burke : Hold on, hold on just a second. The Earth has a substantial dollar value attached to it. Which is capitalist’s view about EVERYTHING. Ripley : They can *bill* me. Burke : Okay, I know this is an emotional moment for all of us, okay? I know that. But let’s not make snap judgments, please. This is clearly… clearly an important species we’re dealing with and I don’t think that you or I, or *anybody*, has the right to arbitrarily exterminate them. And as a capitalist there is always a profit motive involved. Ripley : [laughs feebly] Wrong. Private Vasquez : Yeah. Watch us. Private Hudson : Hey, maybe you haven’t… Read more »
I agree with the main thrust of your post t.s., and I also think that our greatest mistake was abandoning the permaculture systems of the early hunter-gatherers for the agricultural revolution of the Neolithic. It sowed the seeds of our own destruction so to speak, and grain was the original form of personal stored wealth that led to the problems of usury.
This was discussed by me in an earlier post on another thread but we are where we are. I also agree that the only solution to the myriad crises the world is now experiencing, including the environmental, is to “end the wicked wasteful western way of life” as you put it.
However, I don’t think the solutions provided by your colourful cinematic metaphors are necessary, the systemic financial collapse is nearly upon us. It will happen, the prophecy of “Babylon is fallen, fallen in a day!” now seems a likely possibility and many millions will die due to famine and disease let alone the violence that will result.
Humanity will survive this and I am hopeful that we
will
find a more sustainable way to exist afterwards.
Nemo
A good post which is logical up to a large point and Im optimistic by nature. And yes they have overreached and people waking up. But will the pyschopaths self destruct before or after largely destroying us? What concerns me about this is that the Third World War has really already started and perhaps this is part of a further escalation. Remember these aren’t normal, sane people.
The military and political psychopaths are ultimately controlled by the money of the international banking and financial cartel. Avarice is the primary motivation of the cartel members and, as I said in the post, I don’t think they will kill the golden goose, they will just cut another deal with the new economic powerhouse. Mutual Assured Destruction is a powerful behavioural moderator.
In light of this, to them less is better than none, but they will still strive to regain supremacy over time. These financial institutions and families have roots stretching back centuries and have always played the long game. In Britain, it began with the Norman Invasion and William the Bastard was even condemned for his avarice by contemporary historian Orderic Vitalis.
The Saker is completely wrong about this, in my humble opinion.
There are no good guys and bad guys here. What you have is a bunch of psychopaths who run the world. Whether you live in Wuhan or Wigan or Washington makes little difference.
For anyone interested, this is a small taste of what’s been happening in France today (these are all very short videos):
Toulouse:
https://twitter.com/GuillaumePannet/status/1261643086721097729
Montpellier:
https://twitter.com/CerveauxNon/status/1261678579357822976
And again in Montpellier, when the police started storming in (Montpellier has been at the centre of the Resistance right from the start of all this):
https://twitter.com/JacquesDuclos_/status/1261678934216892416
And for the poster here who goes by the name of Hope, this is Paris this afternoon, a city that’s had one of the strongest lockdowns just recently on dissent and protests:
https://twitter.com/AnonymeCitoyen/status/1261644796088762370
There’s also been protests in Nantes, Lyon, Rouen; well, I could go on and on.
France has been in an open state of revolt for the last four years, so no surprise there, but one thing I found quite surprising today was what happened in London, where there were quite a few hundred demonstrating at Speaker’s Corner in Hyde Park (this is a long video)…
https://www.youtube.com/watch?v=GEZswxn5Ovw
Is it any wonder that I often feel like an extra out of A Tale of Two Cities.
Thanks Rob… Its kind of you.
Yes, the lockdown is pretty bad where I live, especially as you’re stuck to walking distance if you dont have a car and dont want to wear a mask. The locals here all wear masks on the streets, in shops, duck when they see a human being. Possibly only 2-3 of us dont.
Im trying to hold on to the idea that borders will reopen mid-June… But am told there is no certainty, and they wont before September or October. Even Italy is reopening borders.
I dont understand why the tourist sector is not pressurizing for the reopening of borders. France, at least Paris, cannot economically survive without foreign tourists. I think where I live which would be beautiful if the parks were open, they’re not realizing that they’ve lost major revenue. Because the restaurants and hotels will not survive, nor will many of the shops. And they must also be the biggest local tax payers.
Again thanks Rob.
Thanks, Hope. I do try to stay neutral in all this (although I obviously have the same opinion as Off G). Some of the worst police violence yesterday happened in Lyon, but I don’t want to keep boring people with all these video clips (which are not MSM, they are taken by ordinary people involved in these protests).
There were also a lot of protests in Holland yesterday, and of course in Germany. I’m sure Berlin Beerman can tell you about that, because the good old Berliners have been at the forefront of these anti-lockdown protests.
Its more like the “NWO oligarchs calls for a reset and new digital currency using Putin” one of their many puppets.
“…the State ‘has the supreme right against the individual, whose supreme duty is to be a member of the State… for the right of the world spirit is above all special privileges.'” Author/historian William Shirer, quoting Georg Hegel in his The Rise and Fall of the Third Reich i do not know much about fdr but like churchill he was a puppet on a string surrounded by zionists controlled by satanick sickos. he allowed millions to die in open air fields many germans drowning in mud holes in zionist eisenhowers open air rhineland camps wall street puppet city of london stooge was he not Hegel’s dialectic is the tool which manipulates us into a frenzied circular pattern of thought and action. Every time we fight for or defend against an ideology we are playing a necessary role in Marx and Engels’ grand design to advance humanity into a dictatorship of the proletariat. anthony c suttons books on hitler and stalin are must reads also From Major Jordan’s Diaries Overview Major Jordan was the expediter for Lend-Lease shipments to the Soviet Union from 1942 to 1944. He became alarmed at the movement of documents, materials, and personnel between the U.S. and the Soviet Union, and began a diary to record what he observed. This book is the result of his notes, experiences, and research. The book documents that the United States gave the USSR:the atomic bomb – including uranium and the other materials and classified scientific documents needed, even a blueprint of the Manhattan Projectmilitary secrets, equipment, vehicles, aircraft, ships, weaponry, and trainingindustrial secrets, processes, methods, and blueprints of U.S. industrial plantsscientific secrets, papers, and patentsU.S. treasury plates for printing paper currencyvast amounts of materials, equipment, vehicles, aircraft, ships, and foodstuffsvast amounts of consumer goods, contrary to the Lend-Lease lawvast amounts… Read more »
They want to reset to a one world govt with a one digital currency.
As the pseudo left mainstream narratives have a ” good Russia” ( even when it was also bombing Syria ) the oligarchs shadow govt (UN) used Puppet Putin to start the meme of an “economic reset”.
Banking is a fraudulent ponzi scheme, the banking cabal control the economy( economic monopoly)and it is how they control your govt.Loans are taken out by govt from bankers using your name ( as a debt slave/ taxpayer).
‘..bombing Syria’?? Are you a salafist head-lopper sympathiser? Sure looks like it.
Given the self-evident failure of fiat currency and globalism, would it not be prudent to seek an alternate course?
The paradigm of limitless fiat currency and debt together with perpetual economic growth is unsustainable.
The global economy needs to become more local with each Nation States optimizing critical self-sustenance to whatever degree they are able, then trade smart, efficiently, and freely amongst themselves.
Any agreement arrived through such talks is certain to be riddled with incentives/opportunities for corruption and subversion of the highest order.
The deal breaker starting point for me would-be a universal agreement to end the Global Central Banking Cartels capture of Sovereign Nations and a return to sound money standards.
In my view, if they could not agree upon that as a platform from which to move forward, then all bets would be off.
I’m done with higbrow: this article is an actual embarrassment to whomsoever chose it. Like several others asking: is this a supported view? Yes I know: there is no editorial policy as such …but frankly.
We got to this point by believing shit like this. Luckily, not everyone is buying it. Ehret is an actual space cadet, and LaRouchian libertarian fascist. As we are actually drowning in fascism – and no, the word is not overused where appropriate – the last thing I want is my last breath of freedom to be filled with the actual stench of a rotten, rotten, suppurating corpse of sociopathological hyper-individualism.
There is an environment; there are laws of thermodynamics; there are other living creatures on the planet; and there are other people too. And no: we will not raise them out of poverty by expanding the economy – we will destroy all life on Earth. Fuck BRI.
If you disagree: please form an orderly line behind Ehret and fuck off to Mars …and leave the Earth to the humans among you.
#NoDealForNature while Ehret has a platform that supports him.
I’d agree entirely,unfortunately off G don’t
As I’ve pointed out before the so called axis of resistance,Iran,China,Russia,etc,offer absolutely fuck all but more of the same,dressed up as some sort of alternative,which they ain’t
Please feel free to also bin this one off G Admin,but it seems to me this article isn’t going down to well with those few on this site who can actually understand whats going on
If those countries have nothing to offer, then maybe we’ll just have to put up with the endless slaughter, starvation and immiseration of hundreds of millions that the Exceptional And Indispensable Folk and the Chosen Folk, and all their satellites, stooges and quislings are offering the rest of humanity.
Two forms of lockdown protests;
Slovenia: Cyclists “override” Ljubljana in anti-govt coronavirus protest
Democratic protests against lockdown: Slovenia
Bulgaria: Nationalist protesters scuffle with police at rally against lockdown measures
Far-right hijacking the protests against lockdown: Bulgaria
We need to be aware of the far-right’s attempts to hijack anti lockdown protests.
very sad to see the featherweight UK turnout today – I see it reported that there was all of two people who turned up for the Cardiff event….and would have expected many thousands more in the capital, I can only guess that the useless bunch of fraidy- cats are all to happy sitting at home stuck to their TV controller and buying pizzas and beers with their furlough payments to be bothered about protecting the rights of themselves and others.
so to add a little quality – here’s how it’s done German style, but still, and as elsewhere, when doing their illegal seizures – I do think the Swine are allowed too easy a time of it…. .
Give it 6 months and see.
The cycling protest in Ljubljana was an anti-government rally, and nothing to do with the coronavirus.
As if the two are separable at this point…
In the U.S., far right are only ones protesting.
I know little of “far right” ideology in Bulgaria.
The United States really needs help with this. The propaganda machine in combination with a docile, lazy populace will probably make the U.S. hardest to convince a real state of necessary unrest.
Whatever small fires erupt seem to be quickly vanquished… Please tell me otherwise.
[youtube https://www.youtube.com/watch?v=DTqipTcwxyA&w=844&h=474%5D
Anyone know any follow ups? Last I heard Pennsylvania had some stuff in the mix… but our media is so filtered here now.
https://twitter.com/i/status/1261717532731338752 – May 16
May 14: https://www.ibtimes.com/protests-court-rulings-anti-lockdown-push-turns-partisan-us-2976368
I actually feel a little better about the U.S. since I’ve seen the stuff in Sacramento and Michigan.
Illinois needs a wakeup call.
https://repswanson.com/
Please sign Re-opening and Recover Plan for Illinois.
My goodness, Larouchies in the OffG! I can recognize their style a mile away… back in the early 2000s in Montreal I used to do community radio and would occasionally invite young Larouchies I’d bump into at the metro station to explain their “ahem” theories on the air. They’re good talkers (they are very well trained in their little circle/cult/organization) and I’d occasionally agree with them… but only up to a point.
This writer, as several people have already pointed out, is part of the Schiller Institute, just under a different name… I guess they had to re-group after Larouche’s death. Or maybe Larouche’s wife Helga-Zepp is re-forming the organization’s public image.
Whatever the case, they didn’t like the Beatles (psyops in their opinion to bring about a Dionysian British dictatorship… or something) or the Queen (she pushes heroin, shot-up with William Burroughs and Sid Vicious personally etc)… don’t know if that’s still in their literature. I always enjoyed listening to their theories, especially the more far-out ones (let’s drink DDT and see what happens!) and we shared a mutual distrust of Al Gore.
BUT!! Watch out! Although I have never regretted inviting them to my show back in the day (my soapbox/microphone was open to everyone), I always had a healthy distrust of their gang, which seemed very, very cult-like… interesting to see where they’re going after the death of their guru. I looked through the “Rising Tide” link and found no references to the Queen mainlining or anything, so they may be on a different path… but I doubt it.
Anyway, have fun with their theories, but as most OffG readers already do, practice caution and intellectual scepticism with them. Cheers!
I can almost hear Chris’s voice,public school accent,softly reasonable,gently ridiculing,very superior,the gullible won’t agree with me but let’s face it,they wouldn’t understand me anyway. I can see his little home made studio, a tiny broom cupboard tucked away in a corner of Broadcasting House. BBC to the core, I’ve heard it all my life and it still sticks in my craw.
a friend of a friend of a friend who i know really well
went to the hospital as he some dry skin between his little toe and the next one along
i told him not to go and refuse all petrol based chemi culls they may offer.
he said how dare you the nurse are hero and angels doctors are saintly.
i told him to take lots of vit c soak his feet in sea salt bicarbonate of soda a sprinkle of borax
dry them off rub in a little coconut oil
he called me a nut case.
the hospital was empty so he was seen within 13 mins which is certainly quicker than the normal 666 or 33 or 77 mins average.
the emergency resusitation team called a a code pink alert chief trauma tech dr shipman stated 113% accuracy full blown foot covids that was already travelling like a jap bullet train up the body towards the head space.
the friend of a friend of a friend was put inside the new virgin active dyson mercedes blow and sucks ventilated corpse machine.
as long as the machine keeps pumping the organs can live until the next amazon live organ body part sale.
it turns out that athletes foot is a very accurate indicator of this covids distemper and progression throughout the goy carcass
we must all stay alert to the terror within are shoe sock space area and the invisible germs skulking waiting waiting arab like waiting to strike.
my close friend he is technically brain dead
luckily body parts can be used for cat food and strong industrial glues
so that at least thats a good end to the story is it not
already
somewhere over
the rainbow trail
https://aanirfan.blogspot.com/
Here in rural poor CA my ignorant ‘liberal’ friends’ jaws drop when I speak of Putin, they all think he is Darth Vader.
At Valdai Discussion Club serious reporters ask him complex questions and with only a teacup before him Putin will give a 10 minute explicit response covering all aspects within a 70 year frame. Putin gives 4 hour ask me anything interviews with his countrymen. In his annual state of the union type addresses, he discusses education, healthcare, mortgage interest rate targets, available housing, number of kindergartens built, how much pensions are raised, where infrastructure investment is needed, agricultural production, transportation, and on and on.
Do I ever see such far reaching levels of discussion from cheeseball US primaries, no. Maybe Yang or Warren, or Gabbard have some insight, but Putin’s holistic systems thinking seems the discussion we need. And we are supposed to vote for Joe Biden, Lord save us.
http://en.kremlin.ru/events/president/news/59863
He has had a nice cup of tea with Kagame, Museveni, el Sisi, Netanyahu and other assorted tyrants, despots, and genocidiares. And he supplies arms and trains their troops for free (also on the Kremlin website).
WAKE UP
Obama Clinton Trump, Putin and Blair all the same bankster selected puppets stop all this nativity as there is no democracy .
Glad to see that (unlike the author) most commenters here aren’t falling for that tired old ‘St. Roosevelt’ myth. FDR was no less a gangster, warmonger and imperialist than Churchill–he was just better at it, and much better at cloaking it.
The United States of America–which had never been a true democracy anyway–ceased to be a republic on Dec. 7, 1941. From then on we have been an empire and nothing but … that was FDR’s truest and most enduring legacy. His overhyped ‘New Deal’ is mostly long gone.
Exactly right. Roosevelt was just more hypocritical and less transparent than Churchill. He sat on the side lines like an old spider, then moved in for the kill when the rest of the world had exhausted itself and lay in ruins, and scooped up the pot. The US objective from long before the war was to supplant Britain and become the new global imperial power, albeit with less formal and more indirect control. The hogwash about the poor exploited colonised natives was just that. Roosevelt ruthlessly exploited the opportunity afforded by WW2 to turn Britain into a US satellite. In 1940, Britain was broke and on the verge of defeat. Roosevelt had Churchill over a barrel, and proceeded to shaft him royally. All the “Special Relationship” garbage was just a face saving fiction of Churchill’s. US Aid was conditional on Churchill handing over the crown jewels. All British assets and investments in North and South America had to be liquidated and sold off to US investors in TWO WEEKS at a massive discount. The Du Pont chemical conglomerate was sold off at a 50% discount. All the assets that had been built up over the previous century went the same way. The US took direct control of the British economy. Britain had to hand over its gold reserves. The US decided what gold and foreign currency reserves Britain was allowed to hold from then on. No British manufacturers were allowed to export to any foreign market where they were competing with US goods. In effect, all foreign markets were handed over to the US. The markets of the British Empire had to be opened up to the US, with the scrapping of Imperial Preference. All the wartime aid had to be paid back with interest, down to the last cent.… Read more »
I’ve just been listening to the serialised version of Len Deighton’s XPD on BBC Radio 4 Extra. The details of the plot don’t matter very much, but the back-story is that Churchill and Hitler are supposed to have had a secret meeting, around about the time of Dunkirk. In the fictional (?) meeting, Hitler, who said he had no claims on Britain, and wanted to keep the British Empire intact, and that he didn’t want to invade Britain, and agreed not to….provided Churchill would agree to one or two little concessions. Such as Germany being allowed to use any British port throughout its Empire. That Britain would give Germany a free hand against the Russians. And, well, Germany would just appoint a few of its own officials in key positions in British public life. Oh yes, and (this further demand came up in a later meeting) Britain would “naturally” want to be an ally of Germany in its struggle against the evil Bolsheviks. The meeting was not supposed to be documented, but the Germans had secretly recorded it, and the recordings were transcribed to a set of minutes (so the story goes). If these came out, it would be disastrous for Churchill’s reputation. In the event, Churchill, in a secret phone conversation with Roosevelt had got the latter to come into the war after the election later that year, so a message was passed to “Herr Hitler”, that the agreement they had made was off. Anyway, the above is all fiction, but it’s the sort of thing that just might have been true (although I don’t think there ever was such a meeting – Churchill didn’t even meet Rudolf Hess, which would have been very easy to arrange in secret). Some of us have discussed Len Deighton here before, and… Read more »
Bravo Seamus Padraig: The Saint Roosevelt myth has been pounded into educational curriculums since 1933. See: Enabling Act of 1933 – Wikipedia
http://en.wikipedia.org/wiki/Enabling_Act_of_1933 > Also his declaration of U.S. corporate insolvency filed that same year… Roosevelt was a liar and a traitor to the American people.
The New Deal offered an official arrangement of the same historical roles of plantation slavery, and the economic “ideals” that finance totalitarian fascism.
It ended in 1913 with the Federal Reserve. It became a dependency of International Capital.
The ultimate covidiots: Scuffles break out as police lead away anti-lockdown activists in Hyde Park as hundreds attend protests against restrictions across the UK
HAHA – the whole bit with them wearing protective masks, only after how many dozens of photos showing them without! And how about that social distancing in those. cop clusters!
Seems to conclude fairly peacefully. Kudos for those who were arrested.
Remember, MLK JR. strategy. They don’t have enough cells for everyone.
Comments in the Mail suggest a quarter to a third of commenters support the protest… but the braying still dominates.
The Mail “opinion” can be unpredicatable.
Could be related to the dichotomy between the Daily Mail, and the Mail on Sunday, which have different editorial teams, and some differences on policies (e.g. Brexit). And significant that Peter Hitchens writes for the Mail on Sunday, not the Daily Mail.
I don’t know how this works with respect to their online platform, which I understood to be shared. It could be that some content comes from the DM, some from the MoS, and hence the unpredictability.
Not so sure the Silk Road Initiative is a good deal either… Perhaps it’s the lesser of two evils, but I can’t help but think that there is a better way to provide a solid foundation for world peace and security.
I didn’t know that off-G had a YT channel
I was just looking on Altcensored there to see which video or channel been blocked
And I see that OFfG channel since 2016 is the latest victim.
I wonder what they were posting ? because that would be long before the current wave of censorship, so it must have been pretty extreme stuff.
There’s very little on OffG’s YouTube channel. Until recently it was just a few mirrors of 9/11 videos I think. No idea why we would be blocked by anyone.
There would have been a reason, it was not very common at that time (2016). 9/11 videos are still very popular and are not being taken down.
Slightly off topic. The Guardian is of course the Remainer ‘newspaper’ of choice. Interesting article yesterday, if only for the fact that it accepted BTL comments. It was about Germany’s economic travails. It should be noted that the situation in the German economy is practically the same as the UK’s.
I couldn’t help putting the following comment BTL.
‘’Well the downturn has been coming since 2019 even the IMF admitted as much. Coronavirus was the coup de grace.’’
Present situation. See indicators below.
Germany:
GDP -2.2% (minus)
Inflation 0
Bond Yields -0.56% (minus)
UK:
GDP -2% (minus)
Inflation 1.5%
Bond Yields 0.2%
After all the palaver and hot air over Brexit there isn’t much to choose really. But hey, I won’t spoil everyone’s day by giving you Italy’s statistics.
(Source:1 Trading Economics – Source: 2 countryeconomy.com)
No comments were listed. But it’s what you’d expect from the Remainer camp. They wouldn’t be interested in silly little things like facts or statistics. Their venerated, neo-liberal love-object, the EU, has been impugned and they seem to be incapable of a rational response.
The Brussels Groupies must be gutted about the CV.
They were planning to blame Brexit for everything that went wrong for the next 50 years.
(today) German 10 year Bond : -0.54
UK 10 year Bond : 4.75
*4.75% is actually very worrying for the UK and alarm bells will be ringing in the Bank of England.
It means the UK must pay 4.75% on it’s 10 year borrowing, the Germany’s get 0.54% on their borrowing.
PS: You do know that Brexit in fact hasn’t actually taken place yet ?
* https://www.bloomberg.com/markets/rates-bonds/government-bonds/uk
Well according to countryeconomy.com UK 10-year bonds were 0.23% as of 15 May.
Well Brexit hasn’t happened yet, yes I am aware; but let’s not split hairs.
See Bloomberg link above, they are at 4.45%, which is crisis levels. over 3% in these times is worrying. Even the longterm 30 year at 1.75 is a little high.
https://www.bloomberg.com/markets/rates-bonds/government-bonds/uk
”Although White and FDR demanded that US dollars become the reserve currency in the new world system of fixed exchange rates, it was not done to create a “new American Empire” as most modern analysts have assumed, but rather was designed to use America’s status as the strongest productive global power to ensure an anti-speculative stability among international currencies which entirely lacked stability in the wake of WWII.”
Who wrote this the CIA?
Indeed.
The global reserve currency basically defines the global system and who runs the empire. (Day one, class one of ‘Things you need to know about the monetary system’.)
What follows ? That is the question. Digital Yuan ? Internet based Sheckel ?
Or euro.
FDR was only following orders. >THE UNITED STATES CORPORATION COMPANY – YouTube
Published on May 9, 2014
Yes like Putin is only following orders.
The world is not on the brink of economic collapse the dollar system is on the brink of currency implosion and that is a good thing. The tyranny of the dollar must end not be propped up artificially.
It is typical of the US to make their own financial crisis into a ‘world crisis’. I applaud the end of the dollar which this ‘crisis’ is intended to delay by covering up for the huge printing to save the US banks even before crisis. There is no harm in trying to redirect the narrative but China and Russian just need to sit back and watch it happen if there is no agreement.
Mr. Bernanke’s ‘helicopter money’ is now a reality.
We are entering a latter-day Dark Ages.
The end of Rome did herald a dark age in the west but a continuation in the east. This may be the death of the dollar and the birth of the euro and Euroasia, if the ECB play their hand well.
Helicopters aren’t big enough.
He needs a fleet of B52s.
How do I know someone is not in tune with the reality of who is pulling the strings? When they ascribe someone as a Anglophile. Truman (like FDR) was subservient to little black hats. It is one key reason we have Israel today.
Truman did everything the little black hats demanded, but got no thanks from them.
He moaned that Jesus Christ himself couldn’t please these people when he walked the earth, so what chance had he (Truman) got?
They financed his 1948 election ‘miracle’, and thereafter, owned him, in the usual fashion.
Churchill was in their pocket as well. They bailed him out when he lost all his money in the Wall Street crash, and was their number one good little Shabbos goy ever after.
Exposing the fake Covid event is important – but then move on to Who or Why. Keep the focus on the economics which is the reason for the event. Good to see this article, right or wrong.
Daniel Estulin gave a good explanation of the corporatist-financial reset .. and the first question Kevin Barrett asks him is, ‘yeah, but Corona’. That shows how deep the brainwashing runs. (Yes, I’m fully aware of the caution to be exercised with Veterans Today and that anyone who exposes Bilderberg may be a limited hangout. VT is the principal news site that covered the global network of U.S.-run bioweapons labs. Yes, that may be a hangout etc, etc.)
https://www.unz.com/audio/kbarrett_daniel-estulin-coronavirus-is-a-debt-liquidation-scam/
Spot on as ever MC, keep it up.
There has long been a need to entirely change societies to make them one more adapted to humans. This certainly needs an overhaul of the entire system. The problem is there is no leadership anywhere in the world as this event has shown, not a single leader with any vision, not a single leader with any courage, not a single leader with any intelligence, not any leader with any integrity. Putin and Russia have shown themselves to be as bankrupt as the rest. China, one should be very suspicious about: for if they hadnt created this entire hullabaloo, whatever might have been their motivations in doing so, we wouldnt be slowly tortured as we are now being (should one trust a country that harbours medical labs paid by US corporates and close to those who have ulterior agendas: the president of China seemingly visited Gates first before meeting with Obama during some visit to US). Basically the rise of a multipolar world appears to have been an illusion.
“I am not a Labor Leader; I do not want you to follow me or anyone else; if you are looking for a Moses to lead you out of this capitalist wilderness, you will stay right where you are. I would not lead you into the promised land if I could, because if I led you in, some one else would lead you out. You must use your heads as well as your hands, and get yourself out of your present condition.”
~ Eugene Victor Debs
It is all very well to have an idealistic perspective. But without realism, one can only but fail.
The apparent multipolarity that had seemed to emerge would have evidently eased the possibility of any change. It just makes it that much harder now. If the difficulty of a problem is not properly assessed, then not even any partial solution can be implemented.
On the whole in history, no movement without adequate leadership has been able to change anything noticeably. The history of France is a particularly good example of this. Im not saying they havent played a role in slowly changing mentalities in the long term. The absence of known appropriate leadership at the moment evidently calls for the emergence of new ones. Gandhi and Luther King emerged because those times needed such people. Now evidently because it has never happened, does not mean it cannot happen, just the base pressurizing for change. But, frankly, even reading some of the comments here, there is the possibility of revenge, and it is well known how any such development turns the best into victims, while the worst always change their shirt colours so to say, and manipulate emotionally charged, angry crowds to their advantage. Just need to look at the terror period of 1793 in France. Those months made martyrs of some of the very best of France, of people like Condorcet, and multiple other lesser known ones. And the genocide of an entire class is something French society more than 200 years down the line still suffers from.
Sadly, I am beginning to come around to that view. I still hope that is not the case, but that hope is ebbing continually now.
Disagree with you about Putin.
He has shown he is a leader of courage, intelligence and integrity.
There appear to be strong similarities here with the old Malthusian vs Cornucopian debate of times past. Most certainly, the M word has come to greater prominence recently, as has an interest in certain quarters, as has its bedfellow Eugenics, that was incidentally started in Britain, crossed the pond to the USA, before being adopted on steroids by Herr Hitler’s crew. The M people, are very powerful, and have all the tools they need to win any fight against their erstwhile opponent, the Cornucopians. The C people have no voice, in fact the wider public does not even know they exist. Their feeble voice is useless against the huge PA Sound System enjoyed by the M’s. At the moment, unless things change, this will be the equivalent of a Boxing Match between a hyped up Mr Tyson Fury, The Gypsy King of the Ring, and Professor Stephen Hawking.
Thanks for that, mate.
Again OffG we read about something the article writer dont know much about, history is one thing, witch I stongly disagrees with, simply because in articles like this the level of disinfo, intended or not, I dont think this person knows much about how deeply the falsification of history, the scope and scale of it have saturated everything we think is true, one thing is this Bretton wood spectacle, the other is what happened on Jekyl Island, right before ww1, and the final nail in the coffin came with the repeling of whats known as the Glass-Seagal act, witch is the precoursore to what we have to day and instead of me going into details I will link to you one man whom knew and based upon that, acted and made history, and this act based upon what was known, is the sole reason for ww2, if you stil dont get it, we are indeed doomed to walk into an dark age. Now, this quote is taken out of an larger context, but gives you the main points, this time I will not write the name of the person behind this quote because of the cencure and obscuring of the truth, but if you are wise enough, you will know, and do notice, this is the truth, and the reason for the ww2, everything else you hear or read is utter bollocks, period. This is exactly the same reason for the creation of the USA witch I could link to as well, but not this time. Quote: Our financial principle: Finance shall exist for the benefit of the state; the financial magnates shall not form a state within the state. Hence our aim to break the thralldom of interest. Relief of the state, and hence of the nation, from its… Read more »
I noticed that, after a couple of paragraphs, the writer never mentions the mathematical impossibility of an interest-based financial system.
It read like a re-hash of the old system, but with different names.
The writer is a space cadet: literally. ”The Rising Tide” Foundation should be enough of a clue to his particular brand of alt-right libertarian fascism. With some serious financial backing. Check him out.
http://canadianpatriot.org/the-universe-creativity-and-you-seminar-held-in-montreal-canada/
It’s actually embarrassing that anyone would pick this article: given we are actually up to out top lips in fascism. More and broader totalitarianism, scientism, historicism, and industrial machine mind pseudo-humanism will be the end of us.
If it were only this article, I would agree BigB, but there has been a consistent form here : when there is an article about future geopolitical vision on OffG, it is written by someone from this camp. (Look back in the archive).
Their work in other areas is clearly very trustworthy and well executed, but there is somone who chooses these shit Rouchey articles repeatedly.
The other day I posted a link to Miles Copeland admitting that FDR orchestrated the Pearl Harbour events to Tony Benn – still on youtube. Deaf ears, (or worse ?).
The suggestion that the creation of this global money – Bancor – to facilitate world trade and exchange rate uncertainties was vetoed by the Dexter-White for what should be obvious reasons. The US dollar serves as both a national currency and a reserve currency enjoying an ‘exorbitant privilege’. It can simply print money to pay its debts. There is a catch, however, it is called ‘The Triffin Paradox/Dilemma. The Triffin Dilemma and the Dollar Racket There was always a fundamental incompatibility between the attainment of global economic stability and possession of a single national currency to perform the role of the world’s reserve currency. As a global reserve currency the dollar has to be the anchor of the world’s trading system. However, as a domestic currency the dollar needs to have sufficient flexibility for internal policy. Thus at the heart of the dollar’s value and use there is this contradiction for the dual roles of this currency. During the Bretton Woods ‘golden age’ which lasted from 1944 until 1971, the US$ was fixed against gold at $35 per oz. However the cost of US wars of choice in Korea and Indo-China, as well as ambitious social programmes like LBJ’s ‘Great Society’, saw a global build-up of surplus dollars accumulating in central banks around the world. These surplus dollar countries then began trading in their surplus dollars at the gold window at the Fed. This was a situation which the US could not tolerate as gold was flying out of the US to various overseas central bank venues. Thus it was that on August 15, 1971, President Nixon suspended dollar/gold convertibility for a temporary period, which in fact morphed into a permanent arrangement – an arrangement which persists to this day. The gold standard was replaced with the US$ fiat standard.… Read more »
A great exposition. You didn’t mention the 1974 U.S.-Saudi deal negotiated by William Simon
“The basic framework was strikingly simple. The U.S. would buy oil from Saudi Arabia and provide the kingdom military aid and equipment. In return, the Saudis would plow billions of their petrodollar revenue back into Treasuries and finance America’s spending.” https://www.bloomberg.com/news/features/2016-05-30/the-untold-story-behind-saudi-arabia-s-41-year-u-s-debt-secret
I realize that doesn’t change your over all argument about the impact of a strong dollar on domestic industry — but why was it necessary to strike an additional deal to recycle petrodollars back into the U.S.?
Which explains all US mercenary work for KSA from Gulf war I & II to Libya and Syria. It even explains why all Saudi passport holders could fly out straight after 9/11.
But it doesn’t explain how Five Dancing Israelis and 200 Mossad Agents could fly straight out after 9/11 after being caught red handed.
What explains the Five Dancing Israelis, filming 9/11 in real time and celebrating wildly? Arabs in disguise? No, they went home to Israel after failing polygraph tests.
According to G. Edward Griffin, soon after that the house of Saud had more debt than it could repay, so the 1970s oil crisis was created to raise oil prices that S.A. could repay N.Y. & London banks.
In effect gold backed dollars were replaced by Saudi oil backed dollars.
The perceived value of the USD is derived SOLELY from that country’s excessive, persistent bellicose aggression, and more specifically from its apparent willingness to engulf the world in a nuclear holocaust.
Ironic, really, as they’ve never fought a real i.e. TOTAL war.
Pussies.
As Paul Krugman observed the US dollar is backed by ‘…men with guns’.
USAmerica as an ANTI-imperialism force? There’s a novel idea!
Well yes possibly, if you see it as being anti-English-empire, so as to make way for the next phase of the historical US empire. But genuinely anti-imperialist? With the US’s history to 1944 already on record? Doesn’t need any great crowd of agenda-serving Fabians to obliterate that weird notion. Just common sense and a light dusting of basic historical clear-seeing.
Matthew, about these hugely-profitable bridge shares that I have for sale…
The Empire is dead – long live the new Empire!
A phrase I have used often on my comments.
Does Off-G endorse Ehret’s position, as would seem by publishing this today?
(I don’t follow the Saker or the others mentioned) – curious that there is no mention of the Federal Reserve & potus’s Eisenhower/JFK!
As Gramsci historically judged from his prison cell and for us, the explanation for the vast narrative control around the REAL pandemic here, presciently encapsulated:
“The crisis consists precisely in the fact that the old is dying and the new cannot be born”
Long..oh, i already did that!
Bunkum
I thought I recognized the bizarre historical spin. A quick visit to the source of this bizarre essay – the ‘Canadian Patriot Review’ – confirmed that we have indeed been treated to a dose of the LaRouche interpretation of history. “Off Guardian” indeed!
…..agreed, but its fairly typical of pro kremlin propaganda,the fact this also appears on a website called The Saker tells me everything
Frankly Putin hasn’t got anything to offer,and the author of this article is wrong,the belt and road thing isn’t led by Russia, its a Chinese initiative,they’re the ones with the money, not Russia
The Chinese are also the ones pushing to become the worlds first ” ecological civilisation ” they’re big on green tech,electric cars,PV cells, renewable electricity and the circular economy,so I’m at a loss as to what this author means by ” false, Green New Deal” when its obvious that the Chinese are in the ‘ game ‘ just as much as the rest
Also, just to pop this author’s rather strange interpretation of ‘ colonisation ‘, what exactly does he think it is the Chinese and Russian are up to when they extend their loans to poor countries and build military bases???????
Putin has nothing to offer,he’s a relic of a failed system, an old Soviet man, with a country that has a failing economy,poor demographic and a looming power vacuum coming upon it, basically Putin has exactly the same attitude as the old Stalinist/ Soviet system which was outlined by George Kennan in his ‘ Long Telegram ‘ same negative outlook,same paranoia,same propaganda especially directed at those vulnerable to it,so sorry Mr Erhet your boy Putin has nothing to offer!
Putin isn’t offering anything.
He just wants to be left alone to run his vast country without being threatened, invaded and bombed, and expected to kowtow to the Wall Street Wide Boys.
….oh yeah i forgot,Saint Putin,he who doesn’t bomb countries,eh, like Syria or Ukraine
Saint Putin the former B grade KGB officer surrounded by a bunch of crooked oligarchs
………yeah i forgot,what a poor bloke Putin must be,under siege 😱
If Putin had bombed Ukraine, it wouldn’t exist any more.
Like the fake Moslem US/ fake Jew sponsored/ orchestrated head choppers and throat slitters he sent to a better place to claim their six dozen virgins.
Unlike the strictly former A Grade CIA Death Squad Queens George H. Bush, Pompeo and Abrams.
Syd, I’ve been seeing Ehret here and there a lot recently, and did what you did. Went to his site, saw that he was a LaRouche fan, and then I understood my many grimaces as I read some of his stuff. Thing is, no one is perfect. He has some perfectly acceptable essays out there concerning Dr Luc Montagnier and his Water Memory stuff which I find fascinating.
That said, before going crazy about his affiliations (and possibly his funding) contact him directly and pose your questions. We’re not going to get anything done by writing off everyone who doesn’t perfectly agree with us. Go ask the Gilets Jaunes how they are doing things.
What are you saying? You want one world government under Putin, Xi, and Trump!
http://canadianpatriot.org/the-universe-creativity-and-you-seminar-held-in-montreal-canada/
The quality of his ‘research’ is peurile: and if it fools anyone…
We are actually all but totalised by blind faith in impossible things that we cannot even see actual historical fascism when we encounter it.
No BigB, that is not what I’m saying. What I’m saying is that we have to put aside a lot of our preconditions for entering into a conversation. Ehret may have some flaws. We all do. But for the sake of trying to do something in the world we need everyone we can muster. We can’t do this alone, in our little screen oriented worlds, separated from our neighbors, for whatever reason. All this may not prove to be a simple chat on the internet.
I hear you, Steve. The problem is that the foundations of the global structure are poisoned and have outright failed because of it. It’s time to burn it all down, return to sound money, disincentivize corruption, dominance & control, and start anew. Yeah, I know… wishful thinking… But that’s the medicine the world needs right now in my view… It’s the only cure…
Totally agree. There is a lot of work to do.
Keynes was not a controller or member of the Fabian Society (founded in 1884) and was vehement opponent of any type of socialism from social-democracy to communism. It would be true to say that in official or mainstream ‘left’ political circles the economic theories of J.M.Keynes (1883-1946) enjoy a dominant and privileged position. He was a life-long Liberal and member of the fashionable ‘Bloomsbury Group’. . He joined H.M.Treasury and in due course became the UK’s chief negotiator during the Bretton Woods conference in 1944. He was never a particularly physical robust man and died of a heart condition in 1946. Given his class background it was hardly surprising that Keynes himself was a Liberal – large L – and his view of the working class ran as follows. ‘’Ought I, then, to join the Labour Party? Superficially that is … attractive, but looked at closer, there are great difficulties. To begin with the Labour party is a class party, and this class is not my class … the class war will find me on the side of the educated bourgeoisie.’’(1) Moreover: ‘’How can I adopt a creed, preferring the mud to the fish, which exalts the boorish proletariat above the bourgeois and the intelligentsia who, with whatever faults, are the quality of life and surely carry the seeds of human advancement.’’ (2) Sounds almost like a declaration of class-war! He obviously had no truck with the Labour movement. Suffice it to say that most leftists have not bothered to read this particular theorist in any great detail. Moreover, this lack of attention is also true in spades when consideration which should be given to Schumpeter and Veblen (let alone Marx) is not forthcoming. As for the Bloomsbury Group. An archetypal petit-bourgeois, middle-class circle consisting of a number of writers,… Read more »
Francis, have you read Robert Skidelsky’s biography of him? I’m in the (slow, for me) process of reading the 3 volumes of biography that Skidelsky wrote (he also apparently wrote a more condensed version in one volume which I don’t have). It’s been a slow process as it’s been interspersed with / interrupted by many other things, not least the CV saga, and also one of the volumes went AWOL for a while. Anyway, I have a lot of respect for him. As well as being incredibly bright, he was very hard-working, and always seems to have had about half-a-dozen things on the go at any one time. Overwork may be one reason for his early death, another one probably being smoking. It was tragic that he was too ill to have much effect on the final outcome of Bretton Woods. It’s true that he was a Liberal and was opposed to Soviet Communism. He may have been strongly opposed to socialism at one time, but he seems to have had no difficulty in working with and advising Labour politicians, and there are many indications in the bio that he regarded himself as being on the left, and I think genuinely was trying to do his best for the working man (as he would have expressed it at the time), even though I suspect I would have found him to be an awful snob socially speaking. He was a man of his class and background, after all. As for his being a Eugenist; it may be so. I have read that elsewhere, but so far as I have read, Skidelsy hasn’t mentioned it. Possibly he deliberately glossed over it, as I think Keynes is definitely a hero of his. It wouldn’t totally surprise me, since a lot of upper class… Read more »
He did not move far though: the other side of the field from Charleston with the ”Bloomsbury Ballerina” as I remember. You can see Tilton from the window.
[Charleston is just down the road for me. I’m not excessively interested: apart from the part time appearance of T S Elliot. Lydia was the most famous of the lot – but shunned it. Or so the guide told me!]
BigB: I have just correct myself (at least partly), in a new reply to Francis, based on a quick re-read of some pages of vol 2 of the bio which explicit deal with the question of JMK and socialism. I hope Francis sees it.
I’d be interested in seeing both Tilton and Charleston some day. I found a very old documentary about Keynes on YT (made by Cambridge Uni I think), which included an interview with a very young Skidelsky (I think he’d only written volume 1 at that point). Interestingly, he’d actually moved into Tilton himself, having found it in a state of disrepair. He said he’d restored it a great deal, although kept Keynes study much as it was. I’ve no idea if he still lives there. I think Keynes only leased it, rather than owned it (the owner wouldn’t sell, IIRC).
correct->corrected (!)
They were both leased as far as I know. The Bloomsbury lot leased it to escape WW1, as I remember. Keynes had a room in the main farmhouse until he got married: which was a minor scandal. Not for Keynes: no one had heard of him …for Lydia. Tilton is a private residence now as far as I know. If you are down: the Monk’s House where Leonard and Virginia lived is also local. And Berwick Church, of course. And don’t forget to pop into Lewes for a nice pint of Harveys!
If it’s a nice day, I’ll join you!
Thanks BigB. I must say, Volume 1 of the bio is much more readable in a way, than Vol 2, as it’s much more about his personal and private life, including of course what seems to have been a very active sex life.
An interesting (and sad in a way) thing is that he seems to have liked the Bloomsburies, rather more than they liked him. It seems that Leonard and Virginia were always carping about him behind his back. Marrying Lydia, with whom he seems to have been genuinely in love, despite previously not having showed much interest in women, seemed to be beyond the pale for them, for some reason.
They apparently admired his intellect, but not his character; I don’t know why.
Yes, I would definitely be interested in a pint or two. 🙂
Francis, I’ve just been re-reading part of volume 2 of the Skidelsky biography, and I must correct myself, and say that you were more correct than I was regarding Keynes and socialism. Pages 232-234 of my edition deal with the question explicitly, and it lists quite a few points with which he specifically disagrees with socialism, and also criticises the Labour Party. – Apologies; it is some time since I first read the passages in question.
Nevertheless, it also says that (probably because the star of the Liberal Party was waning, he did think that it was the Labour Party that was the party most likely to put into effect what he called his “middle way”.
That section also ends with the following paragraph:
“Keynes admired three things about socialism: its passion for social justice (even though he distanced himself from it); the Fabian ideal of public service; and its utopianism, based on the elimination of the “money motive” and “love of money”. It was his utopianism which links up his work as an economist with his commitment to the good life.
Hello Mike. I got your message Kenyes and the rest. I did a lengthy reply, but then pressed the wrong button on my computer and lost the f****** lot! Infuriating! I couldn’t steel myself to write it again. BTW other economists you might like to familiarise yourself with: Schumpeter. ‘Capitalism, Socialism and Democracy, Veblen, ‘The Theory of the Leisured Class” and Polyani, ”The Great Transformation.” And if you can manage it, Marx ‘Capital, volumes 1, 2, and 3. Failing this ”The Grundrisse” a mere 900 pages.
All the best
Frank
In the UK It was 1690 when the some rich individuals set up a private company and were given exclusive write to create UK’s money and lend it out at compound interest. Using fractional reserve banking it allowed itself to create and lend out much more money than it had and collect interest on this extra money that had no backing. Notionally all money was backed by gold so long as no one tried to collect all of it at the same time. The private bank of England left the gold standard in 1931 and money became fiduciary (based on trust). In 1946 the Bank of England was notionally nationalised. But this was always a shell game. As the private owners always told the government who would over see the bank while keeping control. The Bank of England became an independent public organisation in 1998, wholly owned by the Treasury Solicitor on behalf of the government,but with independence in setting monetary policy. “England’s crushing defeat by France, the dominant naval power, in naval engagements culminating in the 1690 Battle of Beachy Head, became the catalyst for England rebuilding itself as a global power. England had no choice but to build a powerful navy.No public funds were available, and the credit of William III’s government was so low in London that it was impossible for it to borrow the £1,200,000 (at 8% per annum) that the government wanted.” To induce subscription to the loan, the subscribers were to be incorporated by the name of the Governor and Company of the Bank of England. The Bank was given exclusive possession of the government’s balances, and was the only limited-liability corporation allowed to issue bank notes.The lenders would give the government cash (bullion) and issue notes against the government bonds, which can be… Read more »
You appear to have forgotten the Kingdom of Portugal, and its key role in our communicating in English rather than French or Spanish.
Thanks for the history lesson.
You seem to have forgotten the driving force of avaricious Catholicism responsible for millions of deaths across Europe , India , and the Americas in that period , with this skewed view of history ?
Unless OffG publish (or re-publish) a quite different attempt at ‘the broad view’ of the changing geopolitical/ global economic situation, then (rightly or wrongly) I fear this kind of article will be taken as indicative of a ‘house opinion’. It is a masterpiece of deception through omission.
Putin as the new ‘CAPITAN’ ? Follows.
There are a lot of negative comments under this piece, as there were under Ehret’s last one. I would suggest to anyone interested to do some digging into the authors favoured by OffG when it comes to geopolitical analysis. There seems to be a defintite ‘camp’ around CPR, Strategic Culture Foundation, Rising Tide, LaRouche, and promotion of the silk road Eurasian future. Political advocacy should always be declared in my opinion, so if there is one here, let’s hear it.
PS This LaRouche connection of writers like Ehret would also explain why Louis Proyect visits so regularly to leave his mess around on the floor.
‘ Theirs [FDR’s] was not a drive for “mathematical equilibrium” but rather a drive to “end poverty” through REAL physical economic growth of colonies who would thereby win real economic independence.’
It was not. Bretton Woods was designed to sell America’s surplus to the rest of the world which the had to pay back in ‘real stuff’ and that America could buy everything from the rest of the world with paper money which they could press at free will.
Things got nasty for the US, when they became a deficit country, and that they had printed too much money (to finance the war in Vietnam) so that the USD became less worth than gold.
And then De Gaulle wanted to take France’s gold of the US, and then it was time for Nixon to end Bretton woods.
For every dollar foreign aid they got $7 worth back! (Read this long time ago. Cannot ref.)
Good post , somewhat more accurate than the skewed view of history this article offers . The notion that FDR was a man of the people is nonsense . He was a scion of wealth , a corporate insider , and bureaucrat . A creation of US propaganda whom has served the status quo diligently since he cancelled Prohibition , his singular service to mankind , in search of tax dollars. .
Off Guardian re-born & then I see The Saker ! Should have known……
A bit hard to swallow. Keynes and FDR both advocated fiscal policy to borrow for infrastructure projects and spend your way out of recession. That’s what the New Deal was surely. No bad thing but what did it lead to? FDR backed the ‘Russians’ lest we forget. Him and his media buddies did all the usual stuff to get into the action. Harry Dexter White was a ‘Russian’ spy. The old Republican Isolationists were the ones who were anti monopoly capitalism and anti colonial and anti communist and anti war. I prefer Patrick Buchanan.