Cabal capitalists are terrorists in the same sense that any other terrorist group is:
they engage in violent or life-threatening acts that are a violation of the criminal laws of the State and are intended to intimidate or coerce the civilian population, to influence the policy of the government by intimidation or coercion, and to affect the conduct of a government by mass destruction, assassination, or kidnapping. 1
Cabal capitalists have pulled off a second 9/11 terrorist attack – a financial assault on American workers and the American economy!
A repeat of the 1929 economic crash.
Capitalists are incessantly perpetrating terrorist outrages:
billion dollar bailouts for the rich
Worker victims suffer unemployment, poverty, and loss of homes, retirement, and medical insurance.
Behind capitalist terrorists stand:
the military and police
federal and state governments
Workers thus far have only been able to protest, but through understanding capitalist terrorism we’ll be able to struggle against it in many ways.
The Myth of Goldman Sachs
(masking insider trading and planned collapse)
Left to their own devices, traders in subprime-mortgage bonds would have sunk Goldman just as they sank Merrill Lynch, Citigroup Inc., Bear Stearns Cos. and every other major Wall Street firm.
Enter two smart guys who trade Goldman’s proprietary books to argue to the CEO and chief financial officer that the subprime market feels soft and that Goldman should short it. This they do, in such massive quantities that they more than offset the long positions in subprime held throughout the rest of the firm, leaving Goldman short the subprime market and in a position to make billions when it crashes.
The diabolical feature of this second 9/11 terrorist attack is that the cabal has been able to make it invisible – disguising it as an accidental collapse of Wall Street and the U.S. economy, in keeping with their strategy of creating a fantasy reality.
The cabal was able to make the 2000 election coup d’etat invisible – making the public delusively believe:
that Bush won the election fairly
that the invasion and occupation of Iraq was a legitimate war – when it’s in reality a for-profit scam
that the Patriot Act was a necessary way to insure domestic security – when in fact the cabal was viciously attacking Constitutional liberties
|From an article by Ron Suskind in the New York Times on October 17, 2004:
So the “financial meltdown” has been made to appear as a mere accident brought on by bad mortgages and a housing slump that will ultimately be “solved” by giving more billions in tax-payer dollars to cabal financial institutions.
The cabal has been able to keep this 9/11 economic terrorist attack “invisible” because they earlier devastated the minds of U.S. workers through deliberate mis-education, so Americans don’t actually see how they’re being decimated by economic, political, and social terrorist tactics. They’ve become literally blind to reality.
Because of this cabal economic terrorist attack, the American and world economy has alreadycollapsed – though few people are able to see the reality – so befuddled by the cabal’s Fabulous Financial Fraud are they.
The world economic smashup will ultimately become apparent – because workers’ loss of homes, jobs, and retirement – and the hunger of their families – will finally force them to pay attention to their plight. Already, 30% of Americans are living in poverty, with 30 million receiving food stamps. Ultimately, workers can’t ignore destitution and starvation. And then, these awakened victims of capitalist terrorism will rise up worldwide against their moneyed overlords and take back their nations, instituting governments for the people.
Through its current 9/11 economic terrorist attack the demonic cabal intends to destroy the American and world economic system utterly – and the common people with it. They’ve already seized over $7.4 trillion dollars (as revealed by Bloomberg News), which represents 65% of U.S. gross domestic product (GDP).
In the real world – not this fantasy world the cabal has constructed – spending over about 5% of GDP would be disastrous to a genuine economy. This makes it clear that the cabal intends to steal over 100% of GDP, bringing the American and world economy to utter wreckage. Cabal insiders will have seized their billions and from the devastated financial and industrial rubble that remains they’ll buy what assets they want for pennies on the dollar.
When such wreckage and desolation occur, it will likely be necessary for the cabal to impose martial law in America, using the military units that have recently been deployed to the U.S. for just this purpose. America will experience precisely what Germany did in the 1930s – runaway inflation and social-political-economic devastation – and a new totally dictatorial regime will be the outcome – again.
Workers worldwide must wake up to how capitalist terrorists are literally destroying them day in and day out. It’s often difficult for Americans to believe that their rulers are as ruthless and pitiless as they really are – and hence clearly deserve the name terrorists.
It may help to see one of the cabal terrorists in action, in this instance Marie Jana Korbelová, aka Madeliene Albright, 64th American Secretary of State in response to a question about 1990s U.S. economic sanctions against Iraq and the human consequences:
Question: “We have heard that half a million children have died. I mean, that’s more children than died in Hiroshima. And, you know, is the price worth it?”
Reply: “I think this is a very hard choice, but the price – we think the price is worth it.”
Often, people are able to comprehend current events when they see that they’re in essence a repeat of earlier occurrences. In this essay, we’ll explore the identical features of the 1929 economic crash and the 2008 capitalist terrorist attack on the world economy.
Both in 1929 and again now, people find it difficult to understand that seemingly accidental events – like economic crashes – are in reality planned and orchestrated by totally unscrupulous persons with immense power.
“The Crash was not accidental. It was a carefully contrived occurrence. The international bankers sought to bring about a condition of despair here so that they might emerge as rulers of us all.”
Republican Congressman, Louis T. McFadden, Chairman of the House Banking & Currency Committee from 1920 to 1931
Benjamin Strong was the head of the U.S. Federal Reserve System.
Charles Rist was head of the Bank of France.
The German International Bankers appointed Hjalmar Schacht as President of the Reichsbank.
The New York stock exchange speculation was deliberately created by Norman and Strong inflating their currencies. When this Wall Street Bubble had reached gargantuan proportions in the autumn of 1929, they deflated the currencies, thus deliberately and consciously imploding the US markets, creating a worldwide economic depression.
In 1930, in the midst of global economic turmoil, the world was made to believe that order could only be restored by creation of the Bank for International Settlements (BIS).
It was established by Charles G. Dawes (Vice President under President Calvin Coolidge from 1925-1929), Owen D. Young (founder of RCA and Chairman of General Electric), and Hjalmar Schacht of Germany.
Beginning in 2005, Cabal financial institutions deliberately created toxic instruments such as derivatives, swaps, futures, options, mortgage-backed securities (MBSs), collateralized debt obligations (CDOs), and structured investment vehicles (SIVs) and then purposely and brutally infected targeted companies worldwide, resulting in a complete collapse of the world economy.
In the face of financial Armageddon, the cabal’s Federal Reserve System, U.S. Treasury Department, and International Monetary Fund are transformed into economic super-powers, able to take $7.4 trillion in tax-payer money and give it to whatever persons or institutions they select, take over failed institutions such as Fanny Mae, Freddy Mac, and AIG, and in general dictate whatever economic actions they deem necessary.
Hail the New World Economic Autarchy!
“The Federal Reserve definitely caused the Great Depression by contracting the amount of currency in circulation by one-third from 1929 to 1933.”
Nobel Prize winning economist
According to Senator Chris Dodd (D-CT), our current financial crisis is a direct result of “toxic instruments” of the financial institutions who created problematic home mortgage loans, particularly sub-prime mortgages.
Cabal insiders are forewarned so they get out of a collapsing market by selling short or taking their compensation packages and running.
In 1929, all cabal insiders were forewarned before the Crash.
For example, Joseph P. Kennedy (JFK’s father) was worth $4 million in 1929. Being forewarned of the impending Crash, he sold short in the stock market. By 1935, his net worth was over $100 million.
Stanley O’Neal collected $161.5 million when he was forced out as chief executive officer of Merrill Lynch & Co.
Citigroup chairman and CEO Charles Prince was responsible for the bank’s nearly $6 billion write-downs for risky mortgages.
But he stopped to collect a $10.4 million bonus on his way out.
The cabal head honchos select who will be winners and who will be losers.
In both 1929 and 2008, cabal insiders bought out failed enterprises at pennies on the dollar.
On September 20, 1929 it became known in the City of London that the Clarence Hatry group, which supposedly had been worth about 24 million pounds, was hopelessly insolvent… Hatry… had made a secret visit to the Bank of England to appeal to Montagu Norman for financing to allow him to complete a merger with United Steel Company, a UK firm.
Norman had adamantly refused Hatry’s bid for a bridge loan.
By 17 September, when Hatry stock began to fall on the London exchange, Hatry had liabilities of 19 million pounds and assets of 4 million pounds.
The cabal allowed Lehman Brothers to collapse, Washington Mutual to fail and then be taken over by J.P. Morgan Chase, AIG to be taken over by the Fed, and engineered Bank of America’s takeover of Merrill Lynch.
The Fed pledged a $29 billion line of credit to J.P. Morgan Chase to finance the acquisition of Bear Stearn’s asset portfolio. Select banks are receiving $7.4 trillion in tax-payer money. Citigroup received $249 billion in unrestricted funds.
Winners: Financial institutions and banks
Losers: Auto and other manufacturers, mortgage holders, auto workers and workers in general
Auto companies are being forced to shed their union contracts so they can drastically reduce worker compensation. It’s clear the bailout is pro-capitalist and anti-worker.
“The October 2008 financial meltdown is not the result of a cyclical economic phenomenon. It is the deliberate result of US government policy instrumented through the Treasury and the US Federal Reserve Board.
“This is the most serious economic crisis in World history.
“The ‘bailout’ proposed by the US Treasury does not constitute a ‘solution’ to the crisis. In fact quite the opposite: it is the cause of further collapse. It triggers an unprecedented concentration of wealth, which in turn contributes to widening economic and social inequalities both within and between nations.”
In examining the many forms of terrorism that the predatory cabal members perpetrate unremittingly and globally, we must be clear that their violence, annihilation, and ruthlessness is endemic to capitalism – not merely an accidental and infrequent accompaniment. We cannot rid ourselves of the scourge of “free-market” terrorism by retaining any form of capitalism.
In this regard, Naomi Klein‘s book Shock Doctrine represents an attempt to criticize the terrorism of capitalism – and then take it all back by claiming that a nice, cleaned-up, sanitized form of Keynesian capitalism would be an economic utopia.
Klein presents, she says, a,
“challenge to the central and most cherished claim in the official story – that the triumph of deregulated capitalism has been born of freedom, that unfettered markets go hand in hand with democracy.”
Instead, she claims to,
“show that this fundamental form of capitalism has consistently been midwifed by the most brutal forms of coercion.”
Klein claims that it’s not necessary to rid ourselves of the capitalist profit system – that such rejection would represent extremism similar to that which characterizes the doctrinaire free market ideology.
Klein recommends returning to so-called Keynesian strategies employed during the post-World War II boom: deficit-spending, intervention, and regulation.
“I am not arguing that all forms of market systems are inherently violent. It is eminently possible to have a market-based economy that requires no such brutality and demands no such ideological purity. A free market in consumer products can coexist with free public health care, with public schools, with a large segment of the economy—like a national oil company—held in state hands.
It is possible to require corporations to pay decent wages, to respect the rights of workers to form unions, and for governments to tax and redistribute wealth so that the sharp inequalities that mark the corporatist state are reduced. Markets need not be fundamentalist.
“Keynes proposed exactly that kind of mixed, regulated economy after the Great Depression, a revolution in public policy that created the New Deal and transformations like it round the world. It was exactly that system of compromises, checks and balances that Friedman’s counterrevolution was launched to methodically dismantle in country after country.”
Klein and her ilk are what I call eupho-capitalists, persons who have a vague awareness of the intrinsic corruption and depravity of capitalism, but believe they can clean up the “market system” and save it from its own excesses and excrescences.
The proof that Klein’s idea of a sanitized capitalism ultimately doesn’t work was provided by Franklin D. Roosevelt’s attempt to save capitalism from its Robber-Baron excesses. He put into effect such progressive elements as Social Security, the Glass-Steagall Act, and the Federal Deposit Insurance Corporation. But it wasn’t long before the cabal began to dismantle most of what FDR had done and came roaring back with a new type of cannibalistic capitalism.
Scholastics such as Klein live in a fantasy-world in which the American people rule and can therefore select whatever kind of “market-based economy” they want: one “that requires no such brutality and no such ideological purity.”
In the real world of geopolitical factuality, America is brutally manhandled by a demonic cabal that does what it wants – including the current economic 9/11, part II, terrorist attack.
Klein recognizes that economic idiots like Milton Friedman and his conservative confreres such as Greenspan, soon changed the economic landscape into the capitalist terrorism nightmare we now suffer.
Like so many current daydreamers, Klein has evidently been taken in by the cabal’s slick propaganda swindle that President-Elect Obama is a reincarnated FDR or Lincoln come to save the people from the evil Wall Street hippogriffs and create a Keynesian economic New Millennium.
Unfortunately, there are many Americans who suffer from these cabal-induced delusions.
“Barack Husein Obama is a reflection of our collective consciousness. Our (His) ability to navigate to a better place is dependent on our collective will… We can not tell Obama what to do but we can energetically influence the outcome. We can elevate the vibration to a higher frequency and picture wholeness. We can usher in a new reality by thinking it into existence.” 3
Part of the reason for so stark an essay as this on capitalist terrorism is to help Americans wake up who are now suffering from the post-2008 election hangover of ivory-towered expectations and delusions.
We must work in every way possible to expose and defeat the terrorist cabal, laboring intelligently to institute a true commonwealth polity for the benefit of all citizens.
“The money power preys upon the nation in times of peace and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy. I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country.
Corporations have been enthroned, an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its REIGN by working upon the prejudices of the people until the wealth is aggregated in a few hands and the Republic is destroyed.”
President Abraham Lincoln after the National Banking Act of 1863 was passed
References and Updates
11/9/08: “Who are the Architects of economic Collapse?”
12/27/07: Michel Chossudovsky, “The Post-Bush Regime: A Prognosis”
Stephen Martin, “Defense Strategies in Economic Warfare”
Stephen Martin, “Shock and Awe in Economic Warfare”
George Noory – Collapse of World Economic System
A United Nations definition of terrorism
by Norman D. Livergood, 06 January 2009, from Hermes-Press Website