So today we simply present a couple of "astounding" paragraphs from one of Anthony C. Sutton's amazing books, Mr. Sutton has spent a lifetime researching - using the most rigorous academic standards - into the ugly underbelly of 'American capitalism' and the powerful influences and forces which shape American markets and America's industrial and commercial society.
(Since we all purchase items we need in the public marketplace, and gain incomes from that marketplace, we are all part of the "American commercial society." )
As we here at "TheJewishWars" can attest, it is most often NOT a pretty picture, and, as Mr. Sutton experienced, we know what it is like to be EXILED to academic SIBERIA - to get no funding, recognition, support or appreciation for any research or writing which contests the "conventional wisdom" or "American ideal" notion that "markets regulate themselves."
(or, to put a harder edge on it, the "Washington Consensus" i.e. the "Washington IMPERIAL HEGEMONY via wars, extortion, bribery, & assassinations [= APPLIED TERROR!] agenda" i.e. "the NEO-CON AGENDA.")
In just outlining in the merest wisps Mr. Sutton's lifetime dedication to exposing the ruthless, markets crashing, savings crushing, politicians bribing machinations of the market
( + political and economics systems) manipulators we are chewing up some long paragraphs,
so here is Mr. Sutton's expose of WALL STREET's - the most powerful financiers - DEDICATION to at all times GAINING MONOPOLY POWERS to CONTROL critical markets, which is to say THE POWER to CRUSH opponents...
A dedication and devotion to "CRUSHING THE OPPOSITION" which can, as Mr. Sutton explains, work equally well from either the "radical left" of the 'Bolshevik' Communists version of COMMAND SOCIALISM, OR from the radical right wing industrialists and financiers who hide behind the label "laissez faire" to hide their CONTROL of whole swaths of the entire economy via bribery, blackmail, intimidation, and extortion.
Thus the radical right-wing financiers have the SAME POWER to CRUSH those sectors of the economy (= "people"!) that would benefit by genuine 'free market competition' in so-called "free market capitalism America" in exactly the same way as Stalin's 'Soviet' Commissars simply DECLARED the Ukraine's farmers "Kulaks" to be "ENEMIES OF THE STATE" to be rounded up, tortured, butchered, shot, or sent to the work camps/death gulags
But first, before we highlight a quote or two from Mr. Sutton's 2001 book WALL St. and the BOLSHEVIK REVOLUTION
we present these two quick quotes from "The Greatest Wall Street CRASHES of All Time"
which also illustrates how CRASHING MARKETS = the TRANSFER of WEALTH
from those "small investors" WHO LOSE EVERYTHING...
_TO THE FINANCIERS_ ("bankers") who "issued the credit" ( = loans = "money"!) out of thin air for those small market 'investors' to purchase stocks "on credit" in the first place:
CRASHING MARKETS is a STANDARDIZED TACTIC of the big, mega-wealthy financiers who rule Wall Street and the global markets, and has been for hundreds of years**...
and certainly for the past 100 years, as this "Greatest Crashes" clips highlight...
**(inciting panic in a herd of prey animals, is a standardized tactic of all hunters... going back to prehistory, millions of years before humans were even around! For example, a pride of lionesses knows how to stampede a herd of wildebeests towards the most powerful lioness...who has already set up an ambush position upwind of the prey animals, in advance of her sisters stalking the herd from downwind and spooking the herd towards the waiting ambush lioness.
Today's 'modern' Wall St. mega-financiers simply think they are clever when ever they get away with using LIES, DECEIT, and SABOTAGE to repeat this ancient, primordial tactic of INCITING FEAR & TERROR in the herd, PREY animals..)
"While everyone knows about the 1929 market crash and remembers where they were on September 11, the post-World War I market crash has largely faded from memory. The crash, which started in late 1919, resulted in a 46 percent drop in the stock market and is THOUGHT to have been PROVOKED by INTENTIONAL financial MANIPULATION...."
WALL St. and the BOLSHEVIK REVOLUTION=============================================
by Anthony C. Sutton, 2001
...On the other hand, it may be observed that both the extreme right and the extreme left of the conventional political spectrum are absolutely collectivist. The national socialist (for example, the fascist) and the international socialist (for example, the Communist) both recommend TOTALITARIAN politico-economic systems based on naked, unfettered political power and individual coercion.
BOTH systems [From THE RADICAL 'LEFT' _AND_ from "The RADICAL RIGHT"] REQUIRE MONOPOLY CONTROL of SOCIETY.
While monopoly control of industries was once the objective of J. P. Morgan and J. D. Rockefeller, by the late nineteenth century the inner sanctums of Wall Street understood that the most efficient way to gain an unchallenged monopoly was to "GO POLITICAL" and MAKE SOCIETY GO TO WORK _FOR_ THE MONOPOLISTS — under the name of the public good and the public interest.
[i.e. the GODDAMN-SACHS + judeo-war-state __HIJACKING__ of BOTH the 'Democrat' AND Republican parties]
This strategy was detailed in 1906 by Frederick C. Howe in his Confessions of a Monopolist.** Howe, by the way, is also a figure in the story of the Bolshevik Revolution. Therefore, an alternative conceptual packaging of political ideas and politico-economic systems would be that of ranking the degree of individual freedom versus the degree of centralized political control. Under such an ordering the corporate welfare state and socialism are at the same end of the spectrum. Hence we see that attempts at monopoly control of society can have different labels while owning common features.
**1. Frederick C. Howe: "These are the rules of big business. They have superseded the teachings of our parents and are reducible to a simple maxim: Get a monopoly; let Society work for you: and remember that the best of all business is politics, for a legislative grant, franchise, subsidy or tax exemption is worth more than a Kimberly or Comstock lode, since it does not require any labor, either mental or physical, lot [for?] its exploitation" (Chicago: Public Publishing, 1906), p. 157.
The Greatest Wall Street Crashes Of All Time-------------------------------------------
While everyone knows about the 1929 market crash and remembers where they were on September 11, the post-World War I market crash has largely faded from memory. The crash, which started in late 1919, resulted in a 46 percent drop in the stock market and is thought to have been provoked by intentional financial manipulation.
The year 2008 was much like 1929, with assurances of continued prosperity. The first signs of trouble were a falling housing market and rising unemployment that began in 2007. A vote to prop up several large financial institutions damaged by the housing slump _STALLED in CONGRESS__, an event which is considered to be the main cause of a 777 point drop in the Dow Jones Industrial Average on September 29, 2008.
An extended period of market volatility and uncertainty followed as the housing and financial bubbles slowly deflated.... **
** note how the financial oriented article "The Greatest Wall Street Crashes Of All Time" helps weasel "financial experts" try to SHIFT THE BLAME from the financier who ENGINEERED the precarious markets.... to Congress, which DID NOT 'BAIL THEM OUT' fast enough!
And when the "bailouts" eventually were EXTORTED out of the Pelosi Con-gress,
THE PEONS LOST tens of thousands of dollars in their OVER-INFLATED HOME PRICES ("over inflated home prices" = over sold mortgage LOANS) - as the MEGA-BANKS went from a business model of leveraging "FREE MONEY" from 'the Fed' (the Fed's FIAT 'MONEY' CREATION powers) to "EARN INTEREST ON LOANS" (what we typically believe to be a bank's main business - "loan out money, make interest on the loan") TO a 'business model' of PURE COMMISSAR EXTORTION of the peons,
i.e. GOVERNMENT "BAILOUTS" that are NOT PAID BACK, which have now morphed in to JUST GRANTING the GOD DAMNED TREASONOUS TRAITOR PIG 'bankers' at 'the Fed' the LICENSE or grant or ability or power to JUST PRINT THEMSELVES 'MONEY' - $85 BILLION PER MONTH - and NOT tell anyone about it !!
The STUPIFIED Con-gress mirrors the STUPIFIED American public, who DON'T EVEN REALIZE that "Fed purchases of U.S. Treasury bonds" means that 'the Fed' is PRINTING UP MONEY OUT OF THIN AIR, and using it to "purchase" those T-bonds the government also prints up out of thin air - with a govt. 'promise' to REPAY the bond purchase, WITH INTEREST.
The public, and Congress, FAILS to UNDERSTAND this simple bankers' EXTORTION SCHEME: "ALLOW US TO GIVE OURSELVES 1/10th of a TRILLION DOLLARS every single MONTH
($85 billion per month in Bernanke's 'QE' "Quantitative Easing government bond purchases" - that we know about! This is the amount that they PUBLICLY CONFESS to printing/giving themselves!)
- or we will CRASH, KILL, DESTROY your economy" -