-The markets are smelling inflation
-Traders are borrowing big and betting on the markets
-Fed talk of slowing money printing is really just talk
-Andy explains the components of The Fed Balance Sheet
-It may be a bit easier to borrow money soon
-What the term Fascism means and why it is in play in U.S.
-The media: The Boys have a lock on it and have for 100 years
-Why and how world currencies are pegged to the dollar
-Andy gives a preview of Ms. Yellen’s testimony today
-Basel 111 and the consolidation
-Using your paid off home very creatively with another 30 year mortgage
-Social Security is more than retirement even with out a real trust fund
The Real World of Money Archive
Andy's site
Download
4 comments:
"-What the term Fascism means and why it is in play in U.S."
Fascism is intensely nationalistic, and what we are seeing is the opposite -- internationalism.
"-Using your paid off home very creatively with another 30 year mortgage"
This raises the important point that the unmortgaged portion of your house is sitting around as an underutilized asset. However, the solution is NOT to mortgage it out and perpetuate the very predatory system we have.
Rent it out, a portion of it, sell it, or use it as non-interest bearing collateral, but DO NOT get another interest (usury)-bearing mortgage on it and give the banksters more money for their control grid.
I wrote once at Fetzer's with a focus on the Third Reich's form of Fascism,
"Workers in the Third Reich enjoyed social and employment benefits far outstripping those in the allied countries whether ‘capitalist’ US and Britain or ‘communist’ Soviet Union or ‘socialist’ France: the money system was reformed and the private debt-money system replaced with a state issue of currency model - a massive transfer of wealth from bankers to ordinary Germans; foreign banks and enterprises were squeezed and German banks and businesses favoured protecting German jobs and businesses; foreign workers who depressed local wages and bid up local housing and other costs were encouraged to repatriate - improving the living standards of Germans; environmental regulations were put in place to ensure that irresponsible resource exploiters paid for the costs of their actions and that land, water and air resources that belonged to the whole nation were protected from pollution and private plunder; workers were guaranteed holidays and living wages for the first time; parents of young children received cash subsidies from the government to help with their extra expenses; educational opportunities and home ownership were extended and all Germans were guaranteed health care; family farms were defended against take-over by large agricultural combines, and so on.
"Like I said before, this combination of benefits - and they are enormously beneficial to ordinary people - does not obtain in any single country on the planet today. Far from being a special case of failure or criminality in regard to these issues, the Third Reich, in shifting policy in this direction and to this extent was a shining example of the kind of government most ordinary people would love to have serving them! It’s perverse in the extreme to single out the National Socialists for special criticism over these issues where by any objective standard they were unusually humane and sympathetic to the needs of ordinary workers."
***
Gause is pretty good otherwise, though. The confusion over what Fascism is all about I trace to the days when Mises controlled conspindustry thinking on money through his role as finance guru to the Birchers, what about you, FC?
It wasn't ever an innocent mistake to confuse Fascist 'corporatism' (the bringing together of workers, employers, bankers, farmers, intellectuals, artists, the Church and politicians to try and form a consensus in which no single economic or social element would over-ride the needs of the community as a whole), with rule by corporations in partnership with the government (i.e. big business). No sensible person ever believed that BS.
@Nick, it seems that the JBS crowd played a large part in injecting the false "fascism" narrative, with Gerald Celente being a big proponent of that ever since getting on so many shows since 2008, and Alex Jones using it as deliberate misdirection.
I'm always inclined to give people the benefit of the doubt.
Celente could very well believe the hype - most people do, after all. But there is simple self-interest too, he would have little to gain and a lot to lose by challenging the conventional narrative on those issues, and perhaps that's a factor. I don't know that he deliberately lies.
With Jones, if I give him the benefit of the doubt I put it all down to financial self-interest. But I am sure he lies, so I can't rule out he's lying for other reasons than his wallet, too.
Post a Comment