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Friday, December 14, 2012

Now Reuters Opinion-Maker Endorses National Socialist Economics

By Staff Report
21

Banco Centro do Brazil

It may take a few decades and a few more crises, but I believe that politicians and economists will eventually realise that to welcome greed throughout the financial system is akin to welcoming foxes into chicken coops. Financial greed – seen in the desire for unwarranted high returns from investments in stocks, bonds or real estate – will be seen for what it really is: an impediment to economic progress. That thought is at least as revolutionary as the idea that Europe should be peaceful. It will lead decision-makers to decide the current system is unfit for purpose. A critical look at every aspect of finance, from debts with maturities and fixed interest rates to supposedly independent central banks, will show that many instruments promise more certainty than is possible in an uncertain world. Others are too generous to financial intermediaries or are simply not suited for modern economies. Once the old system appears to be obviously outdated, new ways will be found. Perhaps debt and its alluring promises will simply disappear, and be replaced by financial instruments which are like shares, basically permanent and always subject to losses in value. Maybe governments will stop borrowing from financial markets; they could simply print money directly to pay for deficit spending. And economic authorities in search of stability might find more potent tools than policy interest rates and crude bank regulation. Improbable? Yes, but no more so than what actually happened in the last 50 years. – Reuters Opinion/ Edward Hades

Dominant Social Theme: The world will be a better place without interest or independent central banks.

Free-Market Analysis: This excerpt from an opinion piece posted at Reuters entitled "Ethical economy: A tale of two half-centuries" was written by Edward Hades but it could have been written by any one of a number of people functioning within the power elite orbit.

It is exactly what Anthony Wile criticized on Wednesday in his well-received column on National Socialist economics. When we examine Hades's verbiage closely we come up with all sorts of code words.

Let's break it down a little. Hades wants to do away with "greed" in order to create an "ethical" financial system. He wants decision makers to take a critical look at such issues as debt and independent central banks.

He wants "debt and its alluring promises to disappear." He wants government to print money directly to pay for deficit spending.

All of this is directly taken from tracts such as Ellen Brown's Web of Debt, in our view. Ms. Brown has made a terrific impact with her book and many people are taking up her ideas.

The only problem is that they don't understand these ideas were tried in Germany especially by Adolf Hitler. It was Hitler's usage of them that supposedly provided Germany with its "economic miracle."

That's the story line, anyway, this "economic miracle"... but we don't agree. We don't think that in the long term command-and-control economies do very well or are very happy places for people to live in.

We'd rather see a free-market approach adopted than a National Socialist one.

The basic idea behind National Socialist economics is that "the people" should own fiat money central banking and print as much as necessary to ensure a satisfactory economy. The money should be issued into the economy debt free, perhaps by government controlled banks or by the government itself. Some variants of this sort of approach call for money to be distributed freely to all who need it via a specific formula.

Now, if people want to adopt such schemes on their own, well ... okay. But we start to disagree when these small schemes threaten to take over nation-states. Then citizens don't have any choice. They have to live within the boundaries of these systems or leave the country.

We'd rather see a variety of competing currencies and we believe within the context of monetary competition gold and silver would find their place, as they have throughout history.

But from our point of view, perhaps an idiosyncratic one, the power elite of the modern era have decided that National Socialist economics is a preferred alternative.

We believe that's where the West is headed, one way or another. Books on the subject are being churned out. Websites are created that fiercely attack free-market money and libertarianism in general. More and more editorialists like Hades are endorsing the concept of German, pre-war economics.

Reuters, of course, is a power elite mouthpiece but even if it weren't we wouldn't be surprised to find this editorial at this particular time. The power elite knows that the current economic system cannot stand. It was not meant to stand but was meant to collapse and pave the way for world government, or so it seems.

So the elites need something to put into its place. National Socialist economics fits the bill because it is run by the government. So long as the government has the power, the elites are satisfied. The power elite first put such economics in place during Hitler's regime. That was a kind of "dry run," in our view.

That's because the elites understand that government is infinitely controllable. The mechanism utilized is called mercantilism. This is also why Hades mentions that he hopes "independent" central banks are removed.

Of course, there is no such thing as an independent central bank. The Federal Reserve is called independent but its mechanisms are inextricably combined with the US government itself.

The Fed USES the US government for purposes of credibility and both the Treasury and Congress are part of the Fed mechanism. When Hades calls banks like the Fed "independent" what he is doing is setting a rhetorical precedent for a later date. On that date, he will call for a non-independent central bank. He will editorialize about the supremacy of a truly "public" central bank, as others have done.

Examples of public central banks include China, Brazil and India. In our view, they are no better than so-called "independent" central banks. The antidote to the current horrific, globalized central banking economy is not to put politicians in charge but to tear it down and start over.

Get rid of central banking to begin with. Every kind. Let people create their own kinds of money, debt-free or otherwise. Let silver and gold circulate untrammeled. Let people live in smaller societies where they have some personal impact and control. Get rid of regulation. Let people resolve their difficulties as much as possible face-to-face.

These are just some of the ways that the world can be made more livable. But introducing National Socialism on a global scale is not one of them.

Conclusion: It may be what the elites have in mind but we don't have to endorse it because it "sounds good." It didn't work when it was tried. It won't work in the future. Command-and-control schemes never do.




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  Posted by amanfromMars on 12/17/12 12:56 PM

"Are you are worried about funding if we have a serious crises?" ... Posted by dave jr on 12/17/12 08:59 AM

No, no at all. There is never ever a funding worry for things that are important to the system.

  Posted by dave jr on 12/17/12 08:59 AM

amfm,
I personally do not have a problem with the corporate model of meritocracy as long as there are no PHabuLOSS pHIRE ARMS involved or hosted at the Hotel California. It seems most funding for AI comes from gov, closer to the military side. Are you are worried about funding if we have a serious crises?

  Posted by amanfromMars on 12/17/12 12:35 AM

Climb aboard, Daily Bell Ringers, for the journey of a lifetime in a Magical AIMystery Turing Trip ... ... Click to view link

  Posted by amanfromMars on 12/16/12 11:47 PM

"We all showed up with the party favors, the components to your kick ass high tech system. But you will only give personalized tours of it while suggesting those in waiting should fetch more favors. You refuse to crank it up so we can all enjoy it. The host hocked the favors. Talk about the worst party ever. Now there is mold on the cheese. Good bye." ….. Posted by dave jr on 12/16/12 01:33 PM

You obviously went to the wrong party house, dave jr, and discovered that gate-crashing is as nothing compared to being a much sought after and respectful and sophisticated guest. However, if you have any great sense you'll be back brighter and bolder and heartily welcomed once you realise the toys you have thrown out of your pram grow ever more powerful with intelligence servered rather than petulance displayed.

"So this is the real reason for all the obfuscation. You're simply a big state Neo-National Socialist. Big deal. It's not original or pro-freedom. It's just misguided." …. Reply from The Daily Bell

DB, what parts of non-state actor Politically Correct Pragmatic Creationism and NEUKlearer HyperRadioProActive Meritocracy do you not understand, to have you misguided and thinking it and IT would be into pimping deals as a big state Neo-National Socialist?

And …… with regard to "Now there is mold on the cheese. Good bye.", can we progress further with that rich vein, dave jr, for it produces a right toxic prime strain of virus/SMARTR Trojan Carriers which riddle themselves right through the main GCHEESE engines.

Or perhaps you are completely unaware of the Google Copernicus Hosting Environment and Experiment in Search Engineering facility? Big Brother on IntelAIgent Designer Stimulants in AI and in lock step with the Baidu and Yandex models?

  Posted by dave jr on 12/16/12 01:33 PM

amfm,

We all showed up with the party favors, the components to your kick ass high tech system. But you will only give personalized tours of it while suggesting those in waiting should fetch more favors. You refuse to crank it up so we can all enjoy it. The host hocked the favors. Talk about the worst party ever. Now there is mold on the cheese. Good bye.

  Posted by amanfromMars on 12/16/12 01:16 PM

"amanfromMars via pre-war National Socialist Germany? ... Reply from The Daily Bell

If you like, …… although Politically Correct Pragmatic Creationism is ITs post-war 21st Century Networks moniker to ensure NEUKlearer HyperRadioProActive Meritocracy is not falsely tabled and feebly labelled as a fabled failed Fascist Nazism.

""high office" hahaha, where's that?" …. Posted by dave jr on 12/16/12 12:18 PM

That's where all the really big cheeses hang out in command and control of virtual space communications, dave jr.

Reply from The Daily Bell

So this is the real reason for all the obfuscation. You're simply a big state Neo-National Socialist. Big deal. It's not original or pro-freedom. It's just misguided.

  Posted by dave jr on 12/16/12 12:18 PM

amfm,

"high office" hahaha, where's that? What does it mean? Anyway, much better.

Geez, I feel like I am involved in a dance, but where is the music?

  Posted by amanfromMars on 12/16/12 11:40 AM

"Indeed. What if a majority understood that money is just another product." … Click to view link …. Posted by EndOfInnocence on 12/15/12 06:50 PM

Then, and the understanding will happen surprisingly quickly, will the following early warning materialise with a swift vengeance which will not spare the responsible elite their just desserts? …….. "It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." …. Henry Ford

However, IT does not need to wait for any man or woman to understand the workings of the world and the strings that Man pulls to create events, dear boy, events, it just needs a surprising few to freely share the methodology/secrets in cyberspace, where they will whizz around the world to be read and understand by many in any language in next to no time.

And the system knows of that unknown and abiding simple APT peril ….. and the more that it does to try and ensure it doesn't happen, the clearer it is made by IT to everyone to ensure that it does happen.

The truth is what you seek, and if it hidden away from you and denied you, are you living in a fantasy world and virtual reality, which needs every day to be fed with more lies which are increasingly hard for even the slowest of minds to believe. And then one has fainting fits and contrived concussions which one presents to the world as an excuse to excuse oneself from answering searching questions which will out one's unsuitability for honest high office.

And you can ask Hillary C about how well that works out …. Click to view link

Reply from The Daily Bell

amanfromMars via pre-war National Socialist Germany? ...

  Posted by EndOfInnocence on 12/15/12 06:50 PM

Indeed. What if a majority understood that money is just another product. Click to view link

  Posted by Lark In Texas on 12/15/12 05:18 PM

"Our age has seen priests of the mind teaching that gregarious is the praiseworthy form of thought, and that independent thought is contemptible. It is moreover certain that the group which desires to be strong has no use for a man who claims to think for himself."

---Julien Benda, in La Trahison Des Clercs
The Treason of the Intellectuals (1927)

'Countless people will hate the New World Order and will die protesting against it.'

---H.G. Wells, The New World Order (1939)

'It was, indeed, the Age of Information, but information was not the precursor to knowledge; it was the tool of the salesmen.'

---Earl Shorris, A Nation of Salesmen (1996)

But, of course, the end game IS the dissolution of Nation-States. In favor of REGIONALISM and COMMUNITARIAN GOVERNANCE. The die was cast long ago. And the INFORMATION AGE has only hastened to bring this GRAND SCHEME into view.

Bottom line: Digital credits never were money. Any more than fiat "dollars" or FedNotes were. The communitarians seemingly will have won their LONG WAR against humanity's collective amnesia... for the exercise of its natural endowment...

... That of FREEDOM OF CONSCIENCE... FREE EXPRESSION... and FREE WILL...

... If its brightest lights refuse to demand accountability... and a proper definition of terms... that can be mutually agreed... is BINDING... upon all Parties to this CONTRACT... and thereafter deemed... universally LAWFUL.

The questions have often been asked, but seldom are they correctly answered:

What is a CURRENCY if not the LIFEBLOOD of a trading people conducting their everyday BUSY-NESS within a TRUE and JUST ECONOMY?

If such a currency is not, in fact, rooted in TRUST, what else can it be but the ultimate death... of a FREE PEOPLE?

FedNotes never did constitute a TRUE MONEY OF ACCOUNT once it was detached from a tradable commodity which had substance. At best, they are an imposed contrivance, and thus a[n] [in-]conveniently construed MEDIUM OF EXCHANGE...

... Guaranteed to invite... SOCIETAL MALAISE... and CORRUPTION. The rule of the [unconscionable] ruling few... over the [corrupted] over-lorded many...

... The willfully blind leading the innocently blinded... the [cruel] END justifying the [wicked] MEANS...

... For mankind's ARRESTED DEVELOPMENT... and hence, a once free people's...

... ... ... ... ... ... ... ... ... . TOTAL ENSLAVEMENT.


Useful links:

http://www.crossroad.to/articles2/010/cry.htm
Cry Our Beloved Country: Sliding Down The Communitarian Slope
Click to view link
Sun Tzu's War
Click to view link
Movement Politics
Click to view link
Israel: A Jewish Defector Warns America::Benjamin Freedman Speaks on Zionism
Click to view link
Social Disorganization (1934; Revised edition)

One additional quote:

"In a society of employees dominated by the marketing mentality, it is inevitable that a personality market should arise. For in the great shift from manual skills to the art of 'handling', selling and servicing people… personal or even intimate traits of employees are drawn into the sphere of exchange… and become commodities in the labor market...

Kindness and friendliness become aspects of personalized service or of public relations of big firms, rationalized to further the sale of something. With anonymous insincerity, the successful person thus makes an instrument of his own appearance and personality...

In the formulas of 'personnel experts', men and women are to be shaped into the 'well rounded, acceptable, effective personality' (to close the deal or to make the sale)...

The personality market, the most decisive effect and symptom of the great salesroom, underlies the all-pervasive distrust and self-alienation so characteristic of a metropolitan people. Without common values and mutual trust, the cash nexus that links one man to another in transient contact has been made subtle in a dozen ways, and made to bite deeper into all areas of life and relations People are required by the salesman ethic and convention to pretend interest in others in order to manipulate them...

Men are estranged from one another as each secretly tries to make an instrument of the other, and in time a full circle is made: one makes an instrument of himself and is estranged from it also."

---C. Wright Mills, in White Collar: The American Middle Class (1951)

  Posted by 1776 on 12/15/12 02:23 PM

Bill Whittle: Obama Admin Seeks To DESTROY America And Is Succeeding Added by Michael CHILDS, Admin II on December 15, 2012

Click to view link

  Posted by samson on 12/15/12 02:17 PM

i just read the preamble to the article, and didn't need to continue further. this debating possible fixes to the economic system to improve it, for the benefit of the masses, is being repeated oer & oer, and is futile, and a waste of regurgitation.

!!!!! IT AIN'T GONNA HAPPEN !!!!! The Elite powers are in control and will carry out their programs of enslavement. WAKE UP PEOPLE!! Protest the blame where it lies. To
beat your heads against the wall in ignorance is so stupid.

  Posted by dave jr on 12/15/12 11:34 AM

amanfromMars,

Um, your elitism is hanging out. Is there no decency on mars?

  Posted by amanfromMars on 12/15/12 04:58 AM

Oh, and if you think those few shared comments [Posted by amanfromMars on 12/14/12 10:45 PM] are unrealistic and alien and can never ever be a reality, think again, for there are more than just a few working in the field of what is ... .. well, let us call it in IT circles, Greater ARG Play ... ... Click to view link

And, although it can be head bankers who can provide the seed funding and paper feed which enables the fiat currency system to change and provide itself with expanded and unlimited and unlimiting power with virtual reality control of human perception, whenever they are not clever enough to see what can be so easily done, is there nothing at all to stop any other smarter private individual or corporation with a stash of cash to burn and invest, in any land near or far, lead with that which they have so enabled with their charitable bounty.

It may very well be that the Wild Wacky West does not possess or would decline to engage with the intelligence needed, and an Exotic Erotic East is destined to lead AI NEUKlearer Way, and in so doing confirm the systemic inherent madness in those who would presume to be Western leaders.

  Posted by amanfromMars on 12/14/12 10:45 PM

"The basic idea behind National Socialist economics is that "the people" should own fiat money central banking and print as much as necessary to ensure a satisfactory economy. The money should be issued into the economy debt free, perhaps by government controlled banks or by the government itself. Some variants of this sort of approach call for money to be distributed freely to all who need it via a specific formula.

Now, if people want to adopt such schemes on their own, well ... okay."

Daily Bell, you are completely missing the point which makes the basic idea an absolutely fabulous simple solution. Forget about governments having anything at all to do with decisions about who and/or what will receive unlimited fiat currency funding for spending into economies. Just leave that to the discretion of individual head bankers who have recognised, or have been courted by, others with similar notions and intelligent programs which present future new orderly world scenarios for real, via virtual means and memes which command and control human perception sublimely, and in so doing provide the masses with novel edutainment and an advanced level of intelligence which allows them to progress, whenever they are ready and willing and able enough, into spheres of influence which are more than just heavenly and devilishly smart.

"Examples of public central banks include China, Brazil and India. In our view, they are no better than so-called "independent" central banks. The antidote to the current horrific, globalized central banking economy is not to put politicians in charge but to tear it down and start over." …….. Politicians are not in charge of anything. Their role is to perform for media and present a discourse which will occupy and capture one's attention to their petty train of delusional thoughts.

"The power elite knows that the current economic system cannot stand. It was not meant to stand but was meant to collapse and pave the way for world government, or so it seems.

So the elites need something to put into its place. National Socialist economics fits the bill because it is run by the government. So long as the government has the power, the elites are satisfied. The power elite first put such economics in place during Hitler's regime. That was a kind of "dry run," in our view.

That's because the elites understand that government is infinitely controllable. The mechanism utilized is called mercantilism. This is also why Hades mentions that he hopes "independent" central banks are removed." …… It would be both foolish and naive and also counter-productive to argue that all of that is not presently right and not wrong. And to imagine that a re-run of a program which started maybe a century ago, whenever there was no instant global communications network facility and world wide webs internetworking, will result in the same outcome as history and memory have provided for tales and chronicles and archives, is to admit one's ignorance of the current state of affairs which are changing everything with the control/distribution of wealth in all of its sweet sticky guises.

Such ignorance is blissful though, for it allows change to proceed at a prodigious pace unhindered by Doubting Thomases.

  Posted by dave jr on 12/14/12 08:01 PM

Please let me expound on my last paragraph. I too would suffer much loss in a spectacular crash and burn. But I would prefer it to the "soft landing" of "fundamental transformation". Overgrown government is the problem, so it follows that leviathon government is not the solution.

  Posted by dave jr on 12/14/12 07:44 PM

I agree with this article whole-heartedly and would like to add my thoughts. The root of our economic problem is fiat currency, which by design enables a racket resulting in a torrent of economic destruction. We are the economy. Freedom, our liberty is under attack.

At first federal reserve notes were redeemable in gold and silver, carried value, which is good for trade but most importantly, I'll repeat: MOST IMPORTANTLY kept GOVERNMENT LIMITED. All governments, in fact, any authority needs to purchase its power. Short of flat out despotism it needs to pay for soldiers, weapons, police, regulators and all service workers. Services are extracted from the economy, you and I. There is no case of any authority figure rolling up his sleeves and personally delivering any service, he could do that without authority. Government is limited by the tension of collecting from taxpayers who want a value returned in services. Borrowing is limited because value cannot be printed and the added interest expense only increases the tension between gov and the citizens.

Surprise! The Fed declares its' notes are no longer redeemable and right on cue Gov declares we must continue to exchange the notes in the course of our livelihoods through legal tender law. But all is not yet lost because federal reserve notes can only come into existence though private sector borrowing. The notes are still backed by our collateral. And since our economy was so large, power hungry government had room to grow through irresponsible borrowing. Probably 2000-2010 marked the period when government out grew the economy. When there was not enough private sector borrowing to create enough federal reserve notes to satisfy the diet of a power hungry government. Some lackeys fell first, but gov is what needs the diet.

Then all is lost when under TARP, QE's, TWIST, etc, currency blatantly gets printed from thin air and shoveled to the so big and frail institutions relying on gov regulation. The fed is not dumb. They know they are in their end game. They would gladly pass the ruse onto partner gov. Guns are going to be needed.

Oh! I forgot the spiral. Gov consumes currency, hires regulators, police and military, who crush free enterprise, freeing up resources and employees, to be bought up by gov with borrowed/free money, making us dependent and wanting more government. It starts with us and ends with us, only with each go round we are less free.

Well, as I said, our freedom hangs in the balance. The system as we knew it is lost, and I say good riddance. I hope the crash and burn is spectacular. But in the 'fundamental transformation' we will have an opportunity to reject new gov solutions. Will we insist on a sound currency and a balanced budget amendment, restoring the balance of power? Or will we fold to the wishes of global technocrats and accept the new forthcoming, unlimited government issued notes, enabling unlimited government power? Has the Federal Government done such a great job to date? Can we trust it? Umm, NO!

  Posted by IndyLyn on 12/14/12 04:50 PM

"... .good feedback here any more???" rchandler questions.

If people are reading and thinking and then try to express any feedback to what they have been motivated to consider from a report, editorial, article ... in my opinion, it's 'good'. It really doesn't matter if I or you or anyone considers it 'good' or 'bad' or a pile of doo doo. When folks stop responding to what they've read, it may just be the end of intelligent discourse. (IMHO)

  Posted by IndyLyn on 12/14/12 04:42 PM

"Get rid of central banking to begin with. Every kind. Let people create their own kinds of money, debt-free or otherwise. Let silver and gold circulate untrammeled. Let people live in smaller societies where they have some personal impact and control. Get rid of regulation. Let people resolve their difficulties as much as possible face-to-face."

YES, YES, AND YES!!!

  Posted by alexsemen on 12/14/12 02:28 PM

Very good DB and Anthony ... . very good !

But in my conviction( see the history!!) there is not any solution, and even that exist as you said in the last paragraph: "The antidote to the current horrific, globalized central banking economy is not to put politicians in charge but to tear it down and start over.

Get rid of central banking to begin with. Every kind. Let people create their own kinds of money, debt-free or otherwise. Let silver and gold circulate untrammeled. Let people live in smaller societies where they have some personal impact and control. Get rid of regulation. Let people resolve their difficulties as much as possible face-to-face.

These are just some of the ways that the world can be made more livable. But introducing National Socialism on a global scale is not one of them." the PTB and degenrate Elites will kill us with billions but never willl let us to manage our lifes as you said.

Reply from The Daily Bell

Hope you are wrong, Alexsemen ...

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