Monday, June 29, 2015

Alleged American Capitalism

Technically (and worst of all, LEGALLY) speaking, if there is no capital, there is no capitalism.
Capital is privately-owned wealth and assets, acquired from other individuals by exchange of value.
Once the Federal Reserve was established in 1913, we ceased to own anything, and became debt-slaves: If you buy something with borrowed money, you do not own it. The party you borrowed from does. And Federal Reserve Notes - just like mortgages or credit lines, are debt - just a different kind. When you "pay cash for everything" you are using a debt to pay a debt, not Constitutional money (gold & silver coin).
Really wonder what Nazi Germany & the Soviet Bol$hevik regime were all about? FORECLOSURE/REPOSESSION!!! Once the politicians have sold a nation out to the international bank$taz to an obscene degree, the Bank$taz will start a putsch/revolt or hire another nation via credit to destroy the bankrupt one. Capitalism in America is dead: Woodrow Wilson killed it. You don't own anything - even if you "paid cash" (FRNs) for it - you're just using what the BanKHAZAR$ have bought for you.
This is why when someone calls the travesty of an economic system we have "capitalism", you aught to laugh right in their face, because it's one of the most commonly accepted lies...and a dangerous one at that!


Master Doh-San said...

You're mostly right, except insofar as Germany is concerned. Hitler did away with the old Mark and instituted new money, which greatly aggravated the bankers. Somewhere, we've got a file on this. Will send ASAP.

One of Hitler's (valid) points was that the "international financiers" had ruined the economy. How would you like to pay a BILLION dollars for a loaf of bread? That was the situation when he came to power. Within just a couple of years, he had fixed the economy and Germany was enjoying full employment.

Now, that doesn't negate the bad things that he did -- or is alleged to have done. But it does put things in perspective.

Have you read "The Creature From Jekyll Island"? Fascinating book. (There might be something about Hitler and the German economy in there, but it's been a while.)

Keep your powder dry.

sad king billy (pilgrim) said...

i have no debt an never will. i buy used clothing, day old bread etc.

i don't think it's the banks to blame, it's the madison avenue ad firms that brain wash people into buying totally useless stuff and in the process toss out perfectly good stuff that has a lot of life left in it. in fact, i'd guess that most of the stuff people toss away is better than the new chinese shoddy shit they go into debt for.

Master Doh-San said...

Here's the link to the story about Hitler's economic reforms:

Galt-in-Da-Box said...

Hitler inherited a broke government of a bankrupt "democratic socialist" nation, turned around and somehow pulled $80M out of his ass to build Nazi Germany, with 400,000 "Jews" cheering him on.
If you doubt what I say about the Roth$child banKHAZAR$, where did he get that money?

Master Doh-San said...

That's exactly the point of that article. He pulled the bankers' own trick on them. And did it better than they had.