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Wall Street Capitalism: A Love Affair

Politics / US Politics Feb 21, 2011 - 09:18 AM GMT

By: Submissions

Politics

Best Financial Markets Analysis ArticleBATR writes: What once was a mercantile world has become a global playpen for moving hot money to squeeze out the highest return on investment. Replacing nation states with international capital is now sport. Undermining the sovereignty of countries by an elite club of financial manipulators is the purpose for the grand game.


Illustrating this fact, David Callaway writes in Market Watch. “The sale of the New York Stock Exchange to Deutsche Boerse this week underscores the lack of historical antipathy for Germany, the world wars not withstanding, but also something more significant. The deal officially slammed the door on the surge of protectionist overreaction that sprang from the global financial crisis”. The conquest of the NYSE by German economic dominance is ironic, since so much of the financial funding of the Third Reich came out of Wall and Broad Street.

Money is the ultimate leveler. The dilemma is that capital is not democratic. If you have money, you have options. If you do not, you are at the mercy of the transnational system of financial bondage. All too often people equate capitalism with free enterprise. Nothing could be further from the truth. Crony Capitalism destroys genuine free market competition. Wealth creation is the nature of authentic commerce. Command and control is the objective of cabal moguls. Entrepreneurship is the business plan for prosperity, while systemic usury is the formula used by banksters to enrich favored cohorts in crime.

The current article in Rolling Stone by Matt Taibbi asks a key question, Why Isn't Wall Street in Jail?



“Nobody goes to jail. This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world's wealth — and nobody went to jail. Nobody, that is, except Bernie Madoff, a flamboyant and pathological celebrity con artist, whose victims happened to be other rich and famous people”.

Sensible citizens want an answer. Justice demands accountability. Yet, few people fully comprehend that the supra-capitalists of the imperial cult of the money-world, ignore the rules of nation states. Above the fray, these Illuminati live in a sublime existence of self-established privileged. The reason that they can get away with murder is simple. They are the rulers and the designers of the laws. Countries adopt policies, follow instructions and shield the controllers of counterfeit money creation. Jails are for renegades, not for capital deities. Influence routinely bought, prepares the way for more mergers of Wall Street exchanges. The protected few are not subject to the same standards that destroy any ordinary transgressor.

A true hypocrite socialist, who masquerades as a prophetic filmmaker; Michael Moore, brings this lesson home. His latest project, Capitalism: A Love Story is available for viewing. He depicts Wall Street as financial whores effectively. However, his alternative for a paradise on earth reveals the lunacy of this buffoon in all his psycho glory. Two reviews of the movie offer substantial criticism. Capitalism: A Love Story by Michael Moore Movie Review and Michael Moore Mistake in "Capitalism: A Love Story" on FDR's Second Bill of Rights?

From the Mises Daily, Michael W. Covel in Michael Moore Kills Capitalism with Kool-Aid provides insight and the text for the brave new world of Democratic Socialism.

“What is his solution? Tugging on your idealistic heartstrings of course! Moore ends his film with recently uncovered video of FDR talking to America on January 11, 1944. Looking into the camera, a weary FDR proposed what he called a second Bill of Rights — an economic Bill of Rights for all — regardless of station, race, or creed — that included”.



the right to a useful and remunerative job in the industries or shops or farms or mines of the nation;

the right to earn enough to provide adequate food and clothing and recreation;

the right of every farmer to raise and sell his products at a return which will give him and his family a decent living;

the right of every businessman, large and small, to trade in an atmosphere of freedom from unfair competition and domination by monopolies at home or abroad;

the right of every family to a decent home;

the right to adequate medical care and the opportunity to achieve and enjoy good health;

the right to adequate protection from the economic fears of old age, sickness, accident, and unemployment;

and the right to a good education.

The context of this pious pontification of the patrician Franklin Delano Roosevelt needs to be seen for what it is, his true religion – the supremacy of the Federal Government, at the cost of the destruction of free enterprise. Moore, a modern day charlatan is an apt surrogate for the Roosevelt legacy of Totalitarian Collectivism. Wall Street is no friend of 'Merchant Class' business. Only the speculator and the monopolist have a love affair with the financial culling that takes place in the rigged markets.

Moore’s delusory faith in a communal democracy is a paternal insult to the underclass that follows a pied piper into perpetual servitude that rests upon a one person, one vote equality myth. The film glorifies dysfunctional creatures, who behave as if they are in the formative stages of just learning to walk. Most demonstrate they are better at crawling on all fours. This kind of marginal human society will never rid the world from the scourge of international capitalism.

The inescapable result of herding illiterates into democratic camps of welfare subsistence cannot create actual wealth. The crowd that raves the Michael Moore remedy will be prime targets for extermination, when the inevitable bankruptcies of governments explode. Who or what will fill the void. One person’s white knight is often a demon to another.

The portrait of a triumphant Napoleon Bonaparte by Jacques-Louis David has the General Crossing the Alps at the Saint-Bernard Pass. This famous image symbolizes the historic pattern of a strong leader taking charge during a political debacle. It happens, either by a forceful takeover or by an anointed selection from the ruling class to be the next puppet. Seldom are there successful libertarian revolutions that limit the influence of the banking syndicates.

The emperor attempted the enforcement of the Continental System which was a blockade aimed at denying the British any trading access to ports in Europe, theoretically destroying British trade and denying them the money they needed to fund Napoleons enemies on mainland Europe. The United States was able to acquire the Louisiana Purchase because of Napoleon’s need to finance his wars. The House of Rothschild was the major financier of the British and greatly multiplied their wealth during the Napoleonic Wars. In 1815, Napoleon Bonaparte observed, "When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes... Money has no motherland; financiers are without patriotism and without decency; their sole object is gain."

If the full weight of the Old Guard and Napoleon's Grande Armée was at the mercy of the banking loans, how can usury interests be tamed by a FDR second Bill of Rights? Any rational and moral person cannot believe that this kind of modern social contract can liberate inventive economic wealth creation. The Jacobin Club was the inspiration behind the implementation of the Reign of Terror during the French Revolution. The anti-cleric and aristocracy purge by the Committee of Public Safety sounds like a natural fit for the proponents of a FDR/Moore final solution.

The Wall Street elites are the real closet Jacobins of the international capitalist plantation. Their objective is to create a permanent “Sansculottes” underclass. During the late 1790’s they were the 'shapeless, mostly urban movement of the laboring poor, small craftsmen, shopkeepers, artisans, tiny entrepreneurs and the like'. Today the wretched dispossessed is the middle class. They are hanging on by a thread. Yet, they reject the absurdity that rights come from society and are dispensed by government.

The only love affair for Wall Street plutocrats has a populist revolutionary cheer. Not off with their heads, but strip them of all their cash. The French mob, demonstrators, rioters and the constructors of barricades, demanded blood. Now, the working oppressed is in the perplexing position of engaging in a necessary revolt in order to survive.

The financial exploitation today is at such an obscene level, that saneness requires courage and action from citizen heroes. Another famous painting is of the Singer Chenard, as a Sans-Culotte. Waiting and placing your fate in the hands of a Bonaparte has its risks. Rally to the flag of an authentic, Declaration of the Rights of Man. Intrinsic natural rights, not arbitrary state authority, are the only valid standard. The banner of traditional Christian values and sound money practices is the way out of the dead zone. The global Illuminati financial House of Rothschild creates the present ongoing terror. Confiscation of their ill-gotten gains from their universal pillage is far more effective than relying on a socialistic redistribution of wealth to the masses.

America needs to rebuild a crippled society. A successful Thermidorian Reaction that establishes a true accountable Republic, which strives to attain liberty, property, security, and resistance to oppression, is the proper goal for all citizens. Scriptural principles of economics and free markets are the foundation of lawful entrepreneurship, which would lead to national prosperity. Wall Street has betrayed those functions and needs a total reorganization before the peasants storming the citadel, becomes unavoidable.

Discuss or comment about this essay on the BATR Forum

© 2011 Copyright  BATR - Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


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