Monday, February 9, 2009

The People versus the Banks

"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks." Lord Acton

We teeter at the precipice of the largest economic depression since the Dark Ages. Nothing in modern history compares with the current threat of a return to feudal society.

As horrible as was the War to End All Wars and the war that followed, the suffering we now face threatens worse than even Hitler imagined.

There are no jobs, but plenty of work. Lacking money provided by jobs, the people will starve.

Don't look to the governments for handouts, they've been broke for years. Only inflated home prices kept the financial world turning, the people borrowing to eat, but now the equity is gone and so the game is over.

America outsourced its production to the rest of the world and the rest of the world depended on Americans to buy their goods. But without real work, American wages were stagnated and the people were forced to use their homes as cash machines. With every refinance, the banksters profited more.

With the last dollar of equity gone, the financial scam is exposed as a Ponzi scheme. The suckers have been completely fleeced and there's no future left to hock. The game is over.

I think the time Lord Acton spoke of has now come. We are unable to pay the interest, much less the principal -- not that the principal was ever more than entries in a ledger book.

Government is as much to blame for this crises as the banksters, after all, government is owned and operated by banksters. Another quote from Lord Acton will help explain:

“And remember, where you have a concentration of power in a few hands, all too frequently men with the mentality of gangsters get control. History has proven that. All power corrupts; absolute power corrupts absolutely.”

Our governments were corrupted long ago and their power long absolutely corrupted.

Ezra Pound, the father of modernist poetry, spent twelve years in a mental institution for expressing the common sense argument that usury kills: (listen)

Canto LXV

With usura hath no man a house of good stone
each block cut smooth and well fitting
that delight might cover their face,

with usura

hath no man a painted paradise on his church wall
harpes et luthes
or where virgin receiveth message
and halo projects from incision,

with usura

seeth no man Gonzaga his heirs and his concubines
no picture is made to endure nor to live with
but it is made to sell and sell quickly

with usura, sin against nature,
is thy bread ever more of stale rags
is thy bread dry as paper,
with no mountain wheat, no strong flour

with usura the line grows thick

with usura is no clear demarcation
and no man can find site for his dwelling
Stone cutter is kept from his stone
weaver is kept from his loom


wool comes not to market
sheep bringeth no gain with usura
Usura is a murrain, usura
blunteth the needle in the the maid's hand
and stoppeth the spinner's cunning. Pietro Lombardo
came not by usura
Duccio came not by usura
nor Pier della Francesca; Zuan Bellin' not by usura
nor was "La Callunia" painted.
Came not by usura Angelico; came not Ambrogio Praedis,
No church of cut stone signed: Adamo me fecit.
Not by usura St. Trophime

Not by usura St. Hilaire,

Usura rusteth the chisel
It rusteth the craft and the craftsman
It gnaweth the thread in the loom
None learneth to weave gold in her pattern;
Azure hath a canker by usura; cramoisi is unbroidered
Emerald findeth no Memling

Usura slayeth the child in the womb
It stayeth the young man's courting
It hath brought palsey to bed, lyeth
between the young bride and her bridegroom


They have brought whores for Eleusis
Corpses are set to banquet

at behest of usura.

Toward the end of Pound's life, he said he mistook the symptom (usury) for the cause (greed).

Unbridled greed does cause usury, but self-interest is why we get out of bed. There is some virtue in profit but Reagan overstated the case saying, "Greed is good."

If value is added to a product, it follows that the value-adder should be rewarded for his efforts. Earned profit is good, even if driven by greed. Unearned profit is just stealing.

Some resources to help you understand the current crises:

Money as Debt

The Earth Plus 5%

The Story of Stuff

Freedom to Fascism

Freedom Road

Concise History of Usury

By now you're saying, "Steve, I get it. Greed begets usury and usury is legal only because governments are controlled by banksters. Usury begets debt and debt begets inflation. Inflation begets hyperinflation and hyperinflation begets death. SO WHAT DO WE DO???"

Governments (controlled by banksters) are the enemy. This enemy controls vast resources and still has the faithful cooperation of many, many stooges. They have written the laws, they control the armies and the police. We have the allowed the psychopaths control over our lives.

Today's governments are operated by psychopathic lying thieving killers. Open your eyes and see the truth. Why should half the world starve and most of the rest struggle while a very few assholes live in luxury? This is a big planet, there's more than enough for all of us.

It's a matter of attitude. We need to adopt an attitude of abundance instead of scarcity. Look at all the food thrown away -- it could feed the world. We could grow more if we wanted. The only reason things are as they are is the economic system enforced by (controlled) governments.

Since we have very few resources and virtually no weapons, our ONLY recourse is to deprogram the people we know. Information and re-education are our only hope. There is no hope for violent revolution just as there is no hope for voting change while banksters control the count.

As horrible as the economic crises is, as much suffering as it will bring, it will force our friends and relatives to pull their heads from the sand and ask, "Why the hell is this happening?"

You now know the answer is usury, so explain it to them. Only when the majority understands how we got into this mess in the first place can we hope for a better world.

Talk to your friends. Preach to them. Ask them to tell others. Truth is the only hope.

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