Bulletin N° 887
Wall Street : “Money Never
Sleeps”
(2010)
by Oliver Stone
Part 1
https://www.dailymotion.com/video/x6denlf
(59:12)
Part 2
https://www.dailymotion.com/video/x6denlu
(59:21)
Part 3
https://www.dailymotion.com/video/x6dgg4t
(59:19)
Part 4
https://www.dailymotion.com/video/x6dgg3l
(8:05)
Subject : Malthusian Economics and the Dominant Ideologies
of the Ruling Class.
March 14, 2020
Grenoble,
France
Dear
Colleagues and Friends of CEIMSA,
Do
you want to understand the counter-intuitive logic of ruling class capitalist
ideology? Learn three-dimensional chess. Don’t have time? Study history; the
cynicism is breathtaking.
Paranoid
delusions are, unfortunately, not uncommon in the history of our political
culture. We see the hit song written by Stephen Stills and first recorded by
Buffalo Springfield on December 5, 1966, "For What It's Worth (Stop, Hey What's That Sound)" – a.k.a. Paranoia strikes deep
- and then, of course, we have the McCarthyite delusions across the United States during the
Cold War, following the Second World War. See, if you can, the
complete original 1992 BBC documentary film produced by Archie Baron, The
Un-Americans.
and "Frank Wilkinson and FBI Surveillance" @ https://youtu.be/wMAE8iun_RU ]
Investigative
reporting, by contrast, stands as a long and rich cultural history in western
civilization, the best illustrations of which include: Friedrich Engels’ The
Condition of the Working Class
in England in 1844, and Pepys's
diary (See the spoken excerpt at : The diary, 5:59, https://en.wikipedia.org/wiki/Samuel_Pepys
(
Diary of Samuel Pepys,
Sunday, 31 December 1665.), as well as the satire of Jonathan Swift (See: A Modest Proposal,
written and published anonymously by Jonathan Swift in 1729.)
Samuel Pepys' bookplatecontains the motto: Mens cujusque is est Quisque –
"Mind Makes the Man”
On
1 January 1660, Pepys began to keep a diary. He recorded his daily life for
almost ten years. This record of a decade of Pepys' life is more than a million
words long and is often regarded as Britain’s most celebrated diary. Pepys
has been called the greatest diarist of all time due to his frankness in
writing concerning his own weaknesses and the accuracy with which he records
events of daily British life and major events in the 17th century.[22]
Pepys wrote about the contemporary court and theatre [which included] his
amorous affairs with the actresses, his household, and major political and
social occurrences [including: the coronation of King Charles II and the
Restoration of the British Monarchy to the throne (1661), the Anglo-Dutch war
(1662-1667), the Great Plague (1665-1666), and the Great Fire of London
(September 2-6, 1666).]
On
the history of Thomas Malthus see CEIMSA/Bulletin
857 : “You can fool some of the people all of the ...
:
Is
it not the morbid ideology and erroneous science of Thomas Malthus (1766-1834) that can be seen
today as historic seed grain for the current harvest of ...
For
our references to Social Darwinism, see the following 6 CEIMSA links:
http://www.ceimsa.org/archives/bull-340.html,
http://www.ceimsa.org/archives/bull-816.htm,
http://www.ceimsa.org/archives/bull-387.html,
http://www.ceimsa.org/archives/bull-558.html,
http://ceimsa.org/archives/bull-571.html,
http://www.ceimsa.org/archives/bull-875.htm
If we briefly switch from examining
ideologies and take a look at the history of economic relationships - specifically
that of financial institutions to greater society - G.
Edward Griffin offers some useful insights into how moments in the lives of
these institutions affect the capitalist system as a totality.
At the helm of these institutions
are powerful individuals, themselves the product of society at a particular
time and place. In Chapter 11 of The
Creature from Jekyll Island, Griffin discusses “The Rothschild Formula,”
and towards the end of this chapter he enumerates several qualities that
pertain to the machinations of the Rothschild Dynasty, which began with Mayer Amschel Rothschild
(1744–1812), a court factor to the German Landgraves of Hesse-Kassel
in the Free City of Frankfurt, Holy Roman Empire, who established his banking
business in the 1760s.
In
1798, third-born son Nathan Mayer Rothschild (1777–1836) was sent to England to
further the family interests in textile importing with £20,000 capital
(equivalent of £2.1 million in 2019)—the first foreign branch. Nathan became a
naturalized citizen in 1804 and established a bank in the City of London. In
1810, Mayer entered into a formal partnership agreement with his three eldest
sons. The youngest son Jacob was sent to Paris in 1811, enhancing the family's
ability to operate across Europe. This enabled them to profit from the
opportunity of financing Wellington's armies in Portugal, requiring the
sourcing of large quantities of gold on behalf of the British government.
In
an effort to demystify the workings of the Central Bank, Griffin attempts to
enter the thinking of the patriarchal society
:
One
of the great puzzles of history is why governments always go into debt and
seldom attempt to put themselves on a ‘pay-as-you-go’ basis. A partial answer
is that kings and politicians lack the courage to tax their subjects the
enormous sums that would be required under such an arrangement. There is also
the deeper question of why the expenditures are so high in the first
place.
Given
the mentality of the world’s financial lords and masters, as Disraeli described
them, it is conceivable that a coldly calculated strategy has been developed
over the years to insure this result. In fact, the historical evidence strongly
suggests that just such a plan was developed in eighteenth-century Europe and
perfected in twentieth-century America; for the purposes of hypothetical
analysis, let us indentify this strategy as The Rothschild Formula.
THE FORMULA
Let us imagine a
man who is totally pragmatic. He is smarter and more cunning than most men and,
in fact, holds them in thinly disguised contempt. He may respect the talents of
a few, but has little concern over the condition of mankind. He has observed
that kings and politician are always fighting over something or other and has
concluded that wars are inevitable. He also had learned that
wars can be profitable, not only be lending or creating the money to finance
them, but from government favoritism in the granting of commercial subsidies or
monopolies. He is not capable of such a primitive feeling as patriotism,
so he is free to participate in the funding of any side in any conflict,
limited only by factors of self interest. If such a man were to survey the
world around him, it is not difficult to imagine that he would come to the
following conclusions which would become the prime directives of his career.
1)
War is the ultimate discipline to any government. If it can
successfully meet the challenge of war, it will survive. If it cannot, it will
perish. All else is secondary. The sanctity of its laws, the prosperity of its
citizens, and the solvency of its treasury will be quickly sacrificed by any government
in its primal act of self-survival.
2)
All that is necessary, therefore, to insure that a
government will maintain or expand its debt is to involve it in war or the
threat of war. The greater the threat and the more destructive the war, the
greater the need for debt.
3)
To involve a country in war or the threat of war, it will be
necessary for it to have enemies with credible military might. If such enemies
already exist, all the better, If they exist but lack military strength, it
will be necessary to provide them the money to build their war machine. If an enemy
does not exist at all, the it will be necessary to
create one by financing the rise of a hostile regime.
4)
The ultimate obstacle is a government which declines to finance
its wars through debt. Although this seldom happens, when it does, it will be necessary
to encourage internal political opposition, insurrection, or revolution to replace
that government with one that is more compliant to our will. The assassination
of heads of state could play an important role in this process.
5)
No nation can be allowed to remain militarily stronger than
its adversaries, for that could lead to peace and a reduction of debt. To
accomplish this balance of power, it may be necessary to finance both sides of
the conflict. Unless one of the combatants is hostile to our interests and, therefore , must be destroyed, neither side should be
allowed a decisive victory or defeat. While we must always proclaim the virtues
of peace, the unspoken objective is perpetual war.
Whether anyone
actually put this strategy into words or passed it along from generation to
generation is not important. In fact, it is doubtful it has ever worked that
way. Whether it is the product of conscious planning or merely the consequence
of men responding to the profit opportunities inherent in fiat money, the
world’s financial lords have acted as though they were following such a
plan, and this has become especially apparent since the creation of the central-bank
‘Mandrake Mechanism’* three
centuries ago.(pp.229-231)
_______
*The Mandrake
Mechanism is "the method by which the Federal Reserve creates money
out of debt". It is how the government is able to create almost limitless
money through the Monetization of debt via the manipulation of the reserve
requirement amongst banks.
Perpetual War
in Eighteenth Century England
Wars, great and small, have always been a plague to Europe, but it was
not until they were easy to finance through central banking
and fiat money that they became virtually perpetual. For example, the following
war chronicle begins immediately following the formation of the Bank of England
which, as you recall, was created for the specific purpose of financing a war:
1689-1697 The
War of the League of Augsburg
1702-1713 The War
of Spanish Succession
1739-1742 The War
of Jenkin’s Ear
1744-1748 The
War of Austrian Succession
1754-1763 The
French and Indian War
1793-1801 The
War against Revolutionary France
1903-1815 The Napoleonic
War
In addition to these European conflicts,
there also were two wars with America: the War for Independence and the War of
1812. In the 126 years between 1689 and 1815, England was at war 63 of them.
That is one out of every two years in combat. The others were spent preparing
for combat.
The mark of the Rothschild Formula is
unmistakable in these conflicts. The monetary scientists often were seen
financing both sides. Whether ending in victory or defeat, the outcome merely
preserved or restored the European ‘balance of power.’ And the most permanent
result of any of these wars was expanded government debt for all parties.(p.232)
Subsequently, in the remaining
chapters of his book, the author describes how these same machinations, which
he has labeled “The Rothschild Formula” pertain to the
policies of Central Banks up to this day.
The 15 + items below should illustrate moments of the component parts of a
system out of sync, where profiteering by any means possible is the rule and
not the exception, where evil is continually rewarded and honesty is punishable
by death. The slow suicide of capitalism is accompanied by self delusion and deliberate
deception. Only the culture of resistance can shed light on where we have been
and toward what future we are heading.
Sincerely,
Francis
Feeley
---
Professeur honoraire de l'Université
Grenoble-Alpes
Ancien Directeur de
Researches
Université de Paris-Nanterre
Director of The Center for the Advanced Study
of American Institutions and Social Movements
(CEIMSA-in-Exile)
The University of California-San Diego
a.
Russia-Saudi
revenge against shale oil threatens to crush entire US financial system,
Professor Wolff tells Boom Bust
with
Richard Wolff
(26:01)
+
Satellite
images show Iran has built mass graves amid coronavirus
outbreak
https://www.theguardian.com/world/2020/mar/12/coronavirus-iran-mass-graves-qom
by
Julian Borger in Washington
Trenches in city of Qom confirm worst fears about
extent of the epidemic and the government’s subsequent cover-up
+
Russia supplies ex-USSR nations, Iran, North Korea
with virus test kits
https://www.arabnews.com/node/1640456/world
+
10 March 2020
“Russia
ready to beat back any aggressor
like
Soviet Union did in WWII” — Putin
https://tass.com/politics/1128133
===========
b.
The Criminality of the Democratic Party
http://www.informationclearinghouse.info/53086.htm
by By Donald Monaco
+
The
One-Choice Election
http://www.informationclearinghouse.info/53090.htm
by Chris Hedges
+
US health
official says coronavirus testing system is 'failing'
http://www.informationclearinghouse.info/54003.htm
by Al Jazeera
The top United States official on infectious
diseases, Anthony Fauci, said on Thursday that people
could not get tests for the deadly coronavirus easily and the US testing system is not
meeting the country's needs.
"The system is not really geared to what we
need right now ... That is a failing. Let's admit it," Fauci
told a House panel. "The idea of anybody getting it easily the way people
in other countries are doing it, we're not set up for that. Do I think we
should be? Yes. But we're not."
+
Markets are betting the Dow crash will lead the
White House to reverse its fiscal response to the coronavirus
by Steve Goldstein
===========
c.
The
Israeli Army Doesn't Have Snipers on the Gaza Border. It Has Hunters
http://www.informationclearinghouse.info/53091.htm
by
Gideon Levy
+
Fear
Pervades Black Politics, and Makes Us Agents of Our Own Oppression
by Glen Ford
===========
d.
News From Underground
From: Mark Crispin Miller
Sent: Friday, March 13, 2020
"Best epidemiological tracking site for COVID-19"
+
Situation update worldwide, as of 12
March 2020 08:00
https://www.ecdc.europa.eu/en/geographical-distribution-2019-ncov-cases
+
Coronavirus - The Hidden Cases - Why We Must Shut
Everything Down And Do It Now
http://www.informationclearinghouse.info/54000.htm
by Moon Of Alabama
+
Who or What Started the Wuhan Coronavirus Epidemic?
http://www.informationclearinghouse.info/53087.htm
by Prof. Anthony Hall
On the Condemnation of "Conspiracy
Theories" as a Device for Protecting Officialdom’s Lies, Disinformation,
and Obfuscation.
+
US military may have brought coronavirus to Wuhan, says China in war of words with US,
East Asia News & Top Stories
+
Coronavirus threat is changing human
behavior so economic forecasters are flying blind – MarketWatch
by Rex
Nutting
+
Coronavirus study predicts that even
the best-case scenario is 15 million dead and a $2.4 trillion hit to global GDP
http://www.informationclearinghouse.info/53081.htm
by Reuters
+
Coronavirus: “Up to 70% of Germany
could become infected” – Merkel
https://www.bbc.com/news/world-us-canada-51835856
+
U.S.
Leaders' fatal error in virus response
http://www.informationclearinghouse.info/53084.htm
by Jamie Seidel
===========
e.
Lock
Step, This Is No Futuristic Scenario: Panic and the Post-Pandemic Future? -
Global Research
https://www.globalresearch.ca/lock-step-no-futuristic-scenario/5705972
by F.
William Engdahl
+
Coronavirus study predicts that even
the best-case scenario is 15 million dead and a $2.4 trillion hit to global GDP
http://www.informationclearinghouse.info/53081.htm
by Reuters
+
HIV & Ebola-Like Mutations Suggest Coronavirus Leaked From a Lab
https://www.ccn.com/hiv-ebola-like-mutations-suggest-coronavirus-leaked-from-a-lab/
by William Ebbs
===========
f.
“It
was just left to the people”: behind a chilling documentary on the Flint water
crisis | Documentary films
https://www.theguardian.com/film/2020/mar/09/flint-water-crisis-documentary-anthony-baxter
by David Smith
+
How
Black Swans Are Shaping Planet Panic
https://consortiumnews.com/2020/03/10/pepe-escobar-how-black-swans-are-shaping-planet-panic/
by Pepe Escobar
+
“Banks are trembling!”
with
Richard Wolff
(7:10)
+
'This
Is 1929': Hedge Fund Bear Warns of Great Depression-Style Stock Market Crash
https://www.ccn.com/this-is-1929-hedge-fund-bear-warns-of-great-depression-style-stock-market-crash/
by
Josiah Wilmoth
+
Is America on Edge of
Recession?
https://www.youtube.com/watch?v=jgrtNzm-S4o&feature=youtu.be
with
Richard Wolff
(13:03)
+
Global financial crisis 2020 will catapult bitcoin to $100,000 and beyond
https://www.rt.com/business/482415-global-financial-crisis-2020-bitcoin/
with
Max Keiser
(25:46)
===========
g.
“Bernie
Sanders Has Inspired a Mass Popular Movement”
https://jacobinmag.com/2020/03/noam-chomsky-bernie-sanders-reform-labor
+
“Trump won
because Clinton and the Democrats dismissed the concerns of working
people"
with
Thomas Frank
(11:42)
===========
h.
“If
protest doesn't rise in our universities, we're finished”: Roger Waters
by Chandrima Benerjee
===========
i.
China
is ill, but it goes much deeper than the coronavirus
by Ai Weiwei
===========
j.
Rise
of right-wing populism in India
with
Chris Hedges and Siddharth Varadarajan,
editor of The Wire
(26:06)
===========
k.
“From
Russia, With Absurdity”
with Thomas Frank
(31:20)
+
The Syria Deception: Understanding the geopolitical
and psychological war against Syria
http://www.informationclearinghouse.info/53073.htm
by Swiss Propaganda Research
===========
l.
The Cultural
Problem of Cheating & Lying
https://consortiumnews.com/2020/03/05/the-cultural-problem-of-cheating-lying/
by
Lawrence Davidson
===========
m.
US & France Significantly Increase
Arms Exports
https://consortiumnews.com/2020/03/12/us-france-significantly-increase-arms-exports/
by Ida Karlsson
+
From: United for Peace & Justice
[mailto:contact@unitedforpeace.org]
Sent: Wednesday, March 11, 2020
Subject: Global Days of Action on Military Spending (GDAMS) National Briefing
Call March 19 2020
|
===========
n.
Saudi Women’s Rights Activists Pull Back Curtain on
Crown Prince
by Medea Benjamin and Ariel Gold
===========
o.
Chelsea
Manning Attempted Suicide in Jail, Is Recovering, Lawyers Say
by
Dell Cameron
+
Whistleblower Chelsea Manning Ordered Immediately
Released From Federal Holding
http://www.informationclearinghouse.info/54005.htm
by Sputnik
+
International Bar Association condemns British
attacks on Assange’s legal rights
https://www.wsws.org/en/articles/2020/03/12/ibah-m12.html
by Oscar Grenfell