Goldmanites Overcome Friedmanites To The Consternation Of The LaRouchites
Tuesday, 21. October 2008, 17:44:26
Julie Creswell and Ben White of the New York Times in article 'The Guys From Government Sachs' document the bloodless political and economic coup effected by Hank Paulson to overthrow the neoliberal laissez faire capitalism established by University of Chicago professor Milton Friedman and have substituted state capitalism, that is is state corporatism, which is now providing framework agreements and stakeholders to rule in global governance principles of security and prosperity.
Now the Federal Reserve replaces the private sector in lending. It has become the Bank of Banks and engine of lending and liquidity, and is endeavoring to provide financial stability: it will fail as there is no dependable valuing of assets, since the SEC has thrown the fair value rule, and the accountants have withdrawn the mark-to-market standard of FASB 157, and replace it with mark-to-fantasy assumptions of management.
There have been many think tanks that have provided the deafening, reverberating echo-chamber economic policies of laissez faire capitalism, that have taken the world off the gold standard, and provided ruinous free trade, floating currencies, Bank of Japan 0.5% yen carry trade currency trading, the expansion of credit, the repeal of the Glass Steagall Act, and irresponsible trade and governmental spending deficits.
The premier destabilizing think tanks have been The Cato Institute, the Heritage Foundation, as well as the Hoover Institution, referenced in the Wikipedia coverage of Milton Friedman: these have been full blown agents of Reality Control.
They came forth with Good Think and rallied disingenuously for values such as liberty, freedom, independence and peace, and the good of the people. These organization's policy statements and political actions have been those of Doublethink and Newspeak, with the result that left is right, down is up, wrong is right, and error is policy.
On September 11, 2008, that is 9-11-2008, there was a cardiac arrest in lending when the banks discovered they could not sell stock to raise capital. Trust between lender and debtor completely broke down, and a lending gridlock, that is a credit gridlock ensued, and the US Stock markets and the world stock markets fell lower on an unwinding yen carry trade which took commodities lower, and the US Dollar higher.
The cardiac arrest in lending provided the opportunity for the Goldmanites to effect their economic and political coup.
Lyndon LaRouche provides alternative economic policies with his statements on Repercussions And Alternatives To World Financial Crisis, The Bailout, A New Financial Architecture, A New Bretton Woods, Change The Institutions, We Need A Credit System; Not a Money System.
And Mr. LaRouch suggests Shut Down the Derivatives Markets To Save Civilization; and states that the Planet Needs A New Financial Architecture.
Elaine Meinel Supkis relates that the nationalization of banking and housing coup effected by the Goldmanites is a sovietization of power which results in socializtion of losses to the public and privatization of profit to wealthy in her article 'Joe the Poor Plumber And The Bank Rescues That Kill Him' where she relates: "AIG is now running in circles trying to avoid being arrested for fraud, grand larceny and treason. Send them to China to be punished! And dear readers, those of you who hate socialism, read today's posting very carefully. The Rich LOVE socialism for themselves and intend to make you all pay for all this AIG-style socialism while you get nothing in return except a lifetime of debt. This is called 'peonage' or 'serfdom', not freedom". Yes she has it right all the bailouts and facilities of the Fed result in enslavement of Americans and the world to the debt and derivatives of Wall Street, where its bankers now rule as overlords and taskmasters.
Ms Supkis continues: Joe the Plumber is this foolish young man who thinks black men are at fault for his frustrations, he thinks socialism will kill him. Yet he is drowning in debt. He keeps piling more and more debt on his home rather than pay it off like his father probably did. He has precarious or even no health insurance. He can't pay his taxes and is in arrears. I feel sorry for the poor sap. For his power has not been sapped by socialists, it has been sapped by the ruling elites who want to drive this fool into slavery!
Personally, I am looking for sanctuary. The Lord has promised it to a small number of saints in Revelation Chapter 12. It will be a place where the Sovereign and his armies will be unable to penetrate; a select few will find safety there for 42 months, that is for the three and one half years leading up to the Battle of Armageddon; whereas the rest of God's children will be ruthlessly and successfully hunted down by the coming world king. There will be only two Christians outside of this refuge of safety: the two men in black, that is the two witnesses referenced in Revelation 11:1-14.
In order to find sanctuary, I watch and pray always that I might be accounted worthy to escape all things that are coming, and stand before the Son of Man.
I believe in the bible prophecy of Revelation Chapter 13 which foretells that a Beast System is rising from the sea of humanity, together with a Sovereign, that is a world ruler, and a Seignior, meaning top dog who takes a cut, that is a world banker, to rule mankind.
The beast system is foretold in Revelation 13:1-4. Here is an artist's rendition of the seven institution led, world wide oligarchy, that is, beast system. This monster is spread out world wide: it occupies all the ten world regions as proposed by the Club of Rome in February 1974 as documented in the footnote 1. The North American Continent was established as one of these ten regions as documented in footnote 2. I call it CanMexAmerica.
A one world ruler is held forth in Revelation 13:5-10; his word, will and way will rule the nations; there will be no national sovereignty.
And a one world banker, who also acts as world religious leader, is described in Revelation 13:11-17; he will lead a global monetary authority, which will provide unified regulation of banking globally; he will install a global seigniorage wealth and commerce system (footnote 3); he will have the authority to settle payments on all debts and derivatives; as economic conditions worsen all wealth will be rented out to him.
Soon there is coming a total worldwide financial system breakdown, and in several years, once currencies are totally burned out; then the Seginior will demand that all take the charagma, meaning mark, or stamp, or tattoo upon, or ethching in, or badge of servitude, (footnote 4), prophesied in Revelation 13:17: "And that no man might buy or sell, save he that had the mark, or the authority of the beast, or the currency of his name."
Footnote 1: The Club of Rome made the call for regional governance in February 1974.
The Club of Rome is the premier think tank comprised of approximately 100 global leaders including scientists, philosophers and political advisors which envisioned totalitarian regional governance and a unifying global ethic --a world consciousness to solve interlocking world problems; and it relates this through published material such as 'Mankind at the Turning Point', and 'The First Global Revolution':
"Therefore we have concentrated out efforts in this report on a number of vital worldwide issues whose mastery we consider essential for man's survival and for an eventual transition into sustainable material and spiritual development of humanity."
"If the human species is to survive, man must develop a sense of identification with future generations and be ready to trade benefits to the next generations for the benefits to himself. If each generation aims at maximum good for itself, Homo Sapiens is as good as doomed."
"In order to achieve balance between regions in global development a more coherent regional outlook must be developed in various parts of the world so that the "preferable solutions" will be arrived at out of necessity rather than out of good will... we are talking about a regional sense of common destiny that will find its expression through appropriate societal, economic concepts and objectives... Such a regional outlook will create a "critical mass" necessary for the practical implementation of new and innovative ways of functioning in cultural, economic, and agricultural areas, especially on the rural level."
Footnote 2: North America is one of of the ten regions of global governance called for.
This region of global governance was announced by George Bush, Vincente Fox and Stephen Harper at Baylor University on March 23, 2005; this triumvirate committed the continent to global principles of security and prosperity as provided in the Security and Prosperity Partnership of North America, the SPP. The leaders called for initiatives of a continental economic congress, and supra regulatory body, that being the North Amrican Competitivenss Council, the NACC, to be supported by Working Groups and Stakeholders who work in harmonizing the institutions and regulations of once formerly sovereign and independent nations into a homeland for the continent's peoples.
The Canadian think tank, Frazer Institute, makes a case for The Amero as the North American Continent's Currency relating: "In sum, the alternative methods for creating the benefits of a monetary union have a number of defects and basically are inferior substitutes. If a Canadian consensus emerges that flexible exchange rates are to blame for many of the country's economic ills, monetary union is the preferred alternative institutional arrangement".
Footnote 3: Seigniorage means top dog bank note system.
Seigniorage comes from the Scottish and Bank of England financial system which was devised to maintain the value of currency, The History of Seigniorage Wealth by Elaine Meinel Supkis, February 7, 2008 Money Matters Blog.
Footnote 4: Charagma is described by David Deschesne Editor, Fort Fairfield Journal.
The article A Mark in the Right Hand or in their Forehead, Fort Fairfield Journal, July 6, 2005 provides an explanation of Revelation Chapter 13:16-17.
Keywords
currencyofhisname
Now the Federal Reserve replaces the private sector in lending. It has become the Bank of Banks and engine of lending and liquidity, and is endeavoring to provide financial stability: it will fail as there is no dependable valuing of assets, since the SEC has thrown the fair value rule, and the accountants have withdrawn the mark-to-market standard of FASB 157, and replace it with mark-to-fantasy assumptions of management.
There have been many think tanks that have provided the deafening, reverberating echo-chamber economic policies of laissez faire capitalism, that have taken the world off the gold standard, and provided ruinous free trade, floating currencies, Bank of Japan 0.5% yen carry trade currency trading, the expansion of credit, the repeal of the Glass Steagall Act, and irresponsible trade and governmental spending deficits.
The premier destabilizing think tanks have been The Cato Institute, the Heritage Foundation, as well as the Hoover Institution, referenced in the Wikipedia coverage of Milton Friedman: these have been full blown agents of Reality Control.
They came forth with Good Think and rallied disingenuously for values such as liberty, freedom, independence and peace, and the good of the people. These organization's policy statements and political actions have been those of Doublethink and Newspeak, with the result that left is right, down is up, wrong is right, and error is policy.
On September 11, 2008, that is 9-11-2008, there was a cardiac arrest in lending when the banks discovered they could not sell stock to raise capital. Trust between lender and debtor completely broke down, and a lending gridlock, that is a credit gridlock ensued, and the US Stock markets and the world stock markets fell lower on an unwinding yen carry trade which took commodities lower, and the US Dollar higher.
The cardiac arrest in lending provided the opportunity for the Goldmanites to effect their economic and political coup.
Lyndon LaRouche provides alternative economic policies with his statements on Repercussions And Alternatives To World Financial Crisis, The Bailout, A New Financial Architecture, A New Bretton Woods, Change The Institutions, We Need A Credit System; Not a Money System.
And Mr. LaRouch suggests Shut Down the Derivatives Markets To Save Civilization; and states that the Planet Needs A New Financial Architecture.
Elaine Meinel Supkis relates that the nationalization of banking and housing coup effected by the Goldmanites is a sovietization of power which results in socializtion of losses to the public and privatization of profit to wealthy in her article 'Joe the Poor Plumber And The Bank Rescues That Kill Him' where she relates: "AIG is now running in circles trying to avoid being arrested for fraud, grand larceny and treason. Send them to China to be punished! And dear readers, those of you who hate socialism, read today's posting very carefully. The Rich LOVE socialism for themselves and intend to make you all pay for all this AIG-style socialism while you get nothing in return except a lifetime of debt. This is called 'peonage' or 'serfdom', not freedom". Yes she has it right all the bailouts and facilities of the Fed result in enslavement of Americans and the world to the debt and derivatives of Wall Street, where its bankers now rule as overlords and taskmasters.
Ms Supkis continues: Joe the Plumber is this foolish young man who thinks black men are at fault for his frustrations, he thinks socialism will kill him. Yet he is drowning in debt. He keeps piling more and more debt on his home rather than pay it off like his father probably did. He has precarious or even no health insurance. He can't pay his taxes and is in arrears. I feel sorry for the poor sap. For his power has not been sapped by socialists, it has been sapped by the ruling elites who want to drive this fool into slavery!
Personally, I am looking for sanctuary. The Lord has promised it to a small number of saints in Revelation Chapter 12. It will be a place where the Sovereign and his armies will be unable to penetrate; a select few will find safety there for 42 months, that is for the three and one half years leading up to the Battle of Armageddon; whereas the rest of God's children will be ruthlessly and successfully hunted down by the coming world king. There will be only two Christians outside of this refuge of safety: the two men in black, that is the two witnesses referenced in Revelation 11:1-14.
In order to find sanctuary, I watch and pray always that I might be accounted worthy to escape all things that are coming, and stand before the Son of Man.
I believe in the bible prophecy of Revelation Chapter 13 which foretells that a Beast System is rising from the sea of humanity, together with a Sovereign, that is a world ruler, and a Seignior, meaning top dog who takes a cut, that is a world banker, to rule mankind.
The beast system is foretold in Revelation 13:1-4. Here is an artist's rendition of the seven institution led, world wide oligarchy, that is, beast system. This monster is spread out world wide: it occupies all the ten world regions as proposed by the Club of Rome in February 1974 as documented in the footnote 1. The North American Continent was established as one of these ten regions as documented in footnote 2. I call it CanMexAmerica.
A one world ruler is held forth in Revelation 13:5-10; his word, will and way will rule the nations; there will be no national sovereignty.
And a one world banker, who also acts as world religious leader, is described in Revelation 13:11-17; he will lead a global monetary authority, which will provide unified regulation of banking globally; he will install a global seigniorage wealth and commerce system (footnote 3); he will have the authority to settle payments on all debts and derivatives; as economic conditions worsen all wealth will be rented out to him.
Soon there is coming a total worldwide financial system breakdown, and in several years, once currencies are totally burned out; then the Seginior will demand that all take the charagma, meaning mark, or stamp, or tattoo upon, or ethching in, or badge of servitude, (footnote 4), prophesied in Revelation 13:17: "And that no man might buy or sell, save he that had the mark, or the authority of the beast, or the currency of his name."
Footnote 1: The Club of Rome made the call for regional governance in February 1974.
The Club of Rome is the premier think tank comprised of approximately 100 global leaders including scientists, philosophers and political advisors which envisioned totalitarian regional governance and a unifying global ethic --a world consciousness to solve interlocking world problems; and it relates this through published material such as 'Mankind at the Turning Point', and 'The First Global Revolution':
"Therefore we have concentrated out efforts in this report on a number of vital worldwide issues whose mastery we consider essential for man's survival and for an eventual transition into sustainable material and spiritual development of humanity."
"If the human species is to survive, man must develop a sense of identification with future generations and be ready to trade benefits to the next generations for the benefits to himself. If each generation aims at maximum good for itself, Homo Sapiens is as good as doomed."
"In order to achieve balance between regions in global development a more coherent regional outlook must be developed in various parts of the world so that the "preferable solutions" will be arrived at out of necessity rather than out of good will... we are talking about a regional sense of common destiny that will find its expression through appropriate societal, economic concepts and objectives... Such a regional outlook will create a "critical mass" necessary for the practical implementation of new and innovative ways of functioning in cultural, economic, and agricultural areas, especially on the rural level."
Footnote 2: North America is one of of the ten regions of global governance called for.
This region of global governance was announced by George Bush, Vincente Fox and Stephen Harper at Baylor University on March 23, 2005; this triumvirate committed the continent to global principles of security and prosperity as provided in the Security and Prosperity Partnership of North America, the SPP. The leaders called for initiatives of a continental economic congress, and supra regulatory body, that being the North Amrican Competitivenss Council, the NACC, to be supported by Working Groups and Stakeholders who work in harmonizing the institutions and regulations of once formerly sovereign and independent nations into a homeland for the continent's peoples.
The Canadian think tank, Frazer Institute, makes a case for The Amero as the North American Continent's Currency relating: "In sum, the alternative methods for creating the benefits of a monetary union have a number of defects and basically are inferior substitutes. If a Canadian consensus emerges that flexible exchange rates are to blame for many of the country's economic ills, monetary union is the preferred alternative institutional arrangement".
Footnote 3: Seigniorage means top dog bank note system.
Seigniorage comes from the Scottish and Bank of England financial system which was devised to maintain the value of currency, The History of Seigniorage Wealth by Elaine Meinel Supkis, February 7, 2008 Money Matters Blog.
Footnote 4: Charagma is described by David Deschesne Editor, Fort Fairfield Journal.
The article A Mark in the Right Hand or in their Forehead, Fort Fairfield Journal, July 6, 2005 provides an explanation of Revelation Chapter 13:16-17.
Keywords
currencyofhisname
WIDGETIZE