thegreanvillepostbiasrating--2020-03-20--How to Crush a Bankers’ Dictatorship: A Lesson from 1933

Please make sure these dispatches reach as many readers as possible .
Share with kin , friends and workmates and ask them to do likewise .
Amidst the current hysteria of the covid-19 pandemic , talk of general chaos and economic collapse have taken the forefront of peoples ’ minds .
Increasingly over recent months , western media has been hit with warnings of “ financial Armageddon ” and the need for a “ global hegemonic synthetic currency ” to replace the collapsing US dollar under a new system of green finance .
These statements have been made by former @ @ @ @ @ @ @ Carney and Mervyn King respectively and should not be ignored as the world sits atop the largest financial bubble in human history reminiscent of the 1929 bubble that was triggered on black Friday in the USA which unleashed a great depression across Europe and America .
While I ’ m not arguing that a systemic change is not vital to protect people from the effects of a general meltdown of the $ 1.2 trillion derivatives bubble sometimes called “ the western banking system ” , what such central bankers are proposing is a @ @ @ @ @ @ @ promise to cure .
In principle , the world crisis , is no different from the artificially manufactured crises which the world faced in 1923 when unpayable Versailles debts were heaved onto a beaten Germany , which I elaborated upon in my previous report .
It is also no different from the nature of the folly that unleashed unbounded speculation during the “ roaring 1920s ” which led to the bank-run and general meltdown .
Similarly , the solutions being proposed to put out the fire by those same arsonists who lit the @ @ @ @ @ @ @ world faced in 1933 as a “ central bankers ” solution for the world depression .
How the 1929 Crash was Manufactured While everyone knows that the 1929 market crash unleashed four years of hell in America which quickly spread across Europe under the great depression , not many people have realized that this was not inevitable , but rather a controlled blowout .
The bubbles of the 1920s were unleashed with the early death of President William Harding in 1923 and grew under the careful guidance of JP Morgan ’ s President @ @ @ @ @ @ @ Secretary ) who de-regulated the banks , imposed austerity onto the country , and cooked up a scheme for Broker loans allowing speculators to borrow 90 % on their stock .
Wall Street was deregulated , investments into the real economy were halted during the 1920s and insanity became the norm .
In 1925 broker loans totalled $ 1.5 billion and grew to $ 2.6 billion in 1926 and hit $ 5.7 billion by the end of 1927 .
By 1928 , the stock market was overvalued fourfold !
When the bubble was @ @ @ @ @ @ @ upon to coordinate a mass “ calling in ” of the broker loans .
Predictably , no one could pay them resulting in a collapse of the markets .
Those “ in the know ” cleaned up with JP Morgan ’ s “ preferred clients ” , and other financial behemoths selling before the crash and then buying up the physical assets of America for pennies on the dollar .
One notable person who made his fortune in this manner was Prescott Bush of Brown Brothers Harriman , who went onto bailout a @ @ @ @ @ @ @ financiers had a tight allegiance with the City of London and coordinated their operations through the private central banking system of America ’ s Federal Reserve and Bank of International Settlements .
The Living Hell that was the Great Depression Throughout the Great depression , the population was pushed to its limits making America highly susceptible to fascism as unemployment skyrocketed to 25 % , industrial capacity collapsed by 70 % , and agricultural prices collapsed far below the cost of production accelerating foreclosures and suicide .
Life savings were lost as 4000 @ @ @ @ @ @ @ across Europe and Canada with eugenics-loving fascists gaining popularity across the board .
England saw the rise of Sir Oswald Mosley ’ s British Union of Fascists in 1932 , English Canada had its own fascist solution with the Rhodes Scholar “ Fabian Society ” League of Social Reconstruction ( which later took over the Liberal Party ) calling for the “ scientific management of society ” .
Time magazine had featured Il Duce over 6 times by 1932 and people were being told by that corporate fascism was the economic solution to @ @ @ @ @ @ @ .
In the midst of the crisis , the City of London removed itself from the gold standard in 1931 which was a crippling blow to the USA , as it resulted in a flight of gold from America causing a deeper contraction of the money supply and thus inability to respond to the depression .
British goods simultaneously swamped the USA crushing what little production was left .
It was in this atmosphere that one of the least understood battles unfolded in 1933 .
In Germany , a surprise victory of Gen. @ @ @ @ @ @ @ London-directed Nazi party in December 1932 threatening to break Germany free of Central Bank tyranny .
A few weeks before Schleicher ’ s victory , Franklin Roosevelt won the presidency in America threatening to regulate the private banks and assert national sovereignty over finance .
Seeing their plans for global fascism slipping away , the City of London announced that a new global system controlled by Central Banks had to be created post haste .
Their objective was to use the economic crisis as an excuse to remove from nation states any power @ @ @ @ @ @ @ power of Independent Central Banks as enforcers of “ balanced global budgets ” .
elaborate In December 1932 , an economic conference “ to stabilize the world economy ” was organized by the League of Nations under the guidance of the Bank of International Settlements ( BIS ) and Bank of England .
The BIS was set up as “ the Central Bank of Central Banks ” in 1930 in order to facilitate WWI debt repayments and was a vital instrument for funding Nazi Germany- long after WWII began .
The London Economic @ @ @ @ @ @ @ world under a controlled environment chaired by the British Prime Minister and opened by the King himself .
“ The conference considers it to be essential , in order to provide an international gold standard with the necessary mechanism for satisfactory working , that independent Central Banks , with requisite powers and freedom to carry out an appropriate currency and credit policy , should be created in such developed countries as have not at present an adequate central banking institution ” and that “ the conference wish to reaffirm the great utility of @ @ @ @ @ @ @ .
The Bank of International Settlements should play an increasingly important part not only by improving contact , but also as an instrument for common action.
” Echoing Carney ’ s current fixation with “ mathematical equilibrium ” , the resolutions stated that the new global gold standard controlled by central banks was needed “ to maintain a fundamental equilibrium in the balance of payments ” of countries .
The idea was to deprive nation states of their power to generate and direct credit for their own development .
Chancellor Schleicher ’ s @ @ @ @ @ @ @ resolved by a “ soft coup ” ousting Schleicher in favor of Adolph Hitler ( under the control of a Bank of England toy named Hjalmar Schacht ) in January 1933 with Schleicher assassinated the following year .
In America , an assassination attempt on Roosevelt was thwarted on February 15 , 1933 when a woman knocked the gun out of the hand of an anarchist-freemason in Miami resulting in the death of Chicago ’ s Mayor Cermak ( 1 ) .
Without FDR ’ s dead body , the London conference met @ @ @ @ @ @ @ to permit any American cooperation .
Roosevelt recognized the necessity for a new international system , but he also knew that it had to be organized by sovereign nation states subservient to the general welfare of the people and not central banks dedicated to the welfare of the oligarchy .
Before any international changes could occur , nation states castrated from the effects of the depression had to first recover economically in order to stay above the power of the financiers .
By May 1933 , the London Conference crumbled when FDR complained @ @ @ @ @ @ @ address the real issues of the crisis is “ a catastrophe amounting to a world tragedy ” and that fixation with short term stability were “ old fetishes of so-called international bankers ” .
FDR continued “ The United States seeks the kind of dollar which a generation hence will have the same purchasing and debt paying power as the dollar value we hope to attain in the near future .
That objective means more to the good of other nations than a fixed ratio for a month or two .
Exchange rate @ @ @ @ @ @ @ The British drafted an official statement saying “ the American statement on stabilization rendered it entirely useless to continue the conference.
” The new president laid down the gauntlet in his inaugural speech on March 4th saying : “ The money-changers have fled from their high seats in the temple of our civilization .
We may now restore that temple to the ancient truths .
The measure of the restoration lies in the extent to which we apply social values more noble than mere monetary profit ” .
FDR declared a war on @ @ @ @ @ @ @ with his support of the Pecora Commission which sent thousands of bankers to prison , and exposed the criminal activities of the top tier of Wall Street ’ s power structure who manipulated the depression , buying political offices and pushing fascism .
Ferdinand Pecora who ran the commission called out the deep state when he said “ this small group of highly placed financiers , controlling the very springs of economic activity , holds more real power than any similar group in the United States.
” Pecora ’ s highly publicized success @ @ @ @ @ @ @ the form of 1 ) Glass-Steagall bank separation , 2 ) bankruptcy re-organization and 3 ) the creation of the Security Exchange Commission to oversee Wall Street .
Most importantly , FDR disempowered the London-controlled Federal Reserve by installing his own man as Chair ( Industrialist Mariner Eccles ) who forced it to obey national commands for the first time since 1913 , while creating an “ alternative ” lending mechanism outside of Fed control called the Reconstruction Finance Corporation ( RFC ) which became the number one lender to infrastructure in America @ @ @ @ @ @ @ most controversial policies for which FDR is demonized today was his abolition of the gold standard .
The gold standard itself constricted the money supply to a strict exchange of gold per paper dollar , thus preventing the construction of internal improvements needed to revive industrial capacity and put the millions of unemployed back to work for which no financial resources existed .
Its manipulation by international financiers made it a weapon of destruction rather than creation at this time .
Since commodity prices had fallen lower than the costs of production , @ @ @ @ @ @ @ of goods under a form of “ controlled inflation ” so that factories and farms could become solvent and unfortunately the gold standard held that back .
FDR imposed protective tariffs to favor agro-industrial recovery on all fronts ending years of rapacious free trade .
FDR stated his political-economic philosophy in 1934 : “ the old fallacious notion of the bankers on the one side and the government on the other side , as being more or less equal and independent units , has passed away .
Government by the necessity of things @ @ @ @ @ @ @ the judge , of the conflicting interests of all groups in the community , including bankers.
” Once liberated from the shackles of the central banks , FDR and his allies were able to start a genuine recovery by restoring confidence in banking .
Within 31 days of his bank holiday , 75 % of banks were operational and the FDIC was created to insure deposits .
Four million people were given immediate work , and hundreds of libraries , schools and hospitals were built and staffed- All funded through the RFC .
@ @ @ @ @ @ @ vital in rebuilding confidence in the government and banks , serving even today as a strong lesson in banking which central bankers don ’ t want you to learn about .
From 1933-1939 , 45 000 infrastructure projects were built .
The many “ local ” projects were governed , like China ’ s Belt and Road Initiative today , under a “ grand design ” which FDR termed the “ Four Quarters ” featuring zones of megaprojects such as the Tennessee Valley Authority area in the south east , the Columbia River @ @ @ @ @ @ @ St Laurence Seaway zone on the North east , and Hoover Dam/Colorado zone on the Southwest .
These projects were transformative in ways money could never measure as the Tennessee area ’ s literacy rose from 20 % in 1932 to 80 % in 1950 , and racist backwater holes of the south became the bedrock for America ’ s aerospace industry due to the abundant and cheap hydropower .
Those who criticize the New Deal today ignore the fact that its failures have more to do with Wall Street sabotage than anything @ @ @ @ @ @ @ , JP Morgan tool Lewis Douglass ( U.S. Budget Director ) forced the closure of the Civil Works Administration in 1934 resulting in the firing of all 4 million workers .
Wall Street did everything it could to choke the economy at every turn .
In 1931 , NY banks loans to the real economy amounted to $ 38.1 billion which dropped to only $ 20.3 billion by 1935 .
Where NY banks had 29 % of their funds in US bonds and securities in 1929 , this had risen to 58 % @ @ @ @ @ @ @ able to issue productive credit to the real economy .
When , in 1937 , FDR ’ s Treasury Secretary persuaded him to cancel public works to see if the economy “ could stand on its own two feet ” , Wall Street pulled credit out of the economy collapsing the Industrial production index from 110 to 85 erasing seven years ’ worth of gain , while steel fell from 80 % capacity back to depression levels of 19 % .
Two million jobs were lost and the Dow Jones lost 39 % @ @ @ @ @ @ @ different from kicking the crutches out from a patient in rehabilitation and it was not lost on anyone that those doing the kicking were openly supporting Fascism in Europe .
Bush patriarch Prescott Bush , then representing Brown Brothers Harriman was found guilty for trading with the enemy in 1942 !
The bankers didn ’ t limit themselves to financial sabotage during this time , but also attempted a fascist military coup which was exposed by Maj. Gen. Smedley Butler in his congressional testimony of November 20 , 1934 .
Butler had testified @ @ @ @ @ @ @ Summer of 1933 and organized by Wall Street financiers who tried to use him as a puppet dictator leading 500 000 American Legion members to storm the White House .
As Butler spoke , those same financiers had just set up an anti-New Deal organization called the American Liberty League which fought to keep America out of the war in defense of an Anglo-Nazi fascist global government which they wished to partner with .
The American Liberty league only changed tune when it became evident that Hitler had become a disobedient Frankenstein monster @ @ @ @ @ @ @ subservient position to Britain ’ s idea of a New World Order .
In response to the Liberty League ’ s agenda , FDR said “ some speak of a New World Order , but it is not new and it is not order ” .
While FDR ’ s struggle did change the course of history , his early death during the first months of his fourth term resulted in a fascist perversion of his post-war vision .
Rather than see the IMF , World Bank or UN used as instruments for @ @ @ @ @ @ @ to promote long term , low interest loans for the industrial development of former colonies , FDR ’ s allies were ousted from power over his dead body , and they were recaptured by the same forces who attempted to steer the world towards a Central Banking Dictatorship in 1933 .
The American Liberty League spawned into various “ patriotic ” anti-communist organizations which took power with the FBI and McCarthyism under the fog of the Cold War .
This is the structure that Eisenhower warned about when he called out “ the @ @ @ @ @ @ @ which John Kennedy did battle with during his 900 days as president .
The New Silk Road as the 21st Century New Deal This is the structure which is out to destroy President Donald Trump out of fear that a new FDR impulse is beginning to be revived in America which may align with the 21st Century international New Deal emerging from China ’ s Belt and Road Initiative and Eurasian alliance .
French Finance Minister Bruno LeMaire and Marc Carney have stated their fear that if the Green New Deal isn ’ @ @ @ @ @ @ @ the New Silk Road and yuan will become the basis for the new world system .
The Bank of England-authored Green New Deal and Synthetic Hegemonic Currency which promise to impose draconian constraints on humanity ’ s carrying capacity in defense of saving nature from humanity have nothing to do with Franklin Roosevelt ’ s New Deal and they have less to do with the Bretton Woods conference of 1944 .
These are merely central bankers ’ wet dreams for depopulation and fascism “ with a democratic face ” which their 1933 conference @ @ @ @ @ @ @ imposed if people remain blind to their own recent history .
( 1 ) Zingara was labeled a “ lone gunman ” and promptly executed before any proper investigation could be done .
The author can be reached at matt.ehret @ tutamail.com

Please make sure these dispatches reach as many readers as possible. Share with kin, friends and workmates and ask them to do likewise.
Matthew Ehret
[dropcap]A[/dropcap]midst the current hysteria of the covid-19 pandemic, talk of general chaos and economic collapse have taken the forefront of peoples’ minds.
Increasingly over recent months, western media has been hit with warnings of “financial Armageddon” and the need for a “global hegemonic synthetic currency” to replace the collapsing US dollar under a new system of green finance. These statements have been made by former and current Bank of England Governors Mark Carney and Mervyn King respectively and should not be ignored as the world sits atop the largest financial bubble in human history reminiscent of the 1929 bubble that was triggered on black Friday in the USA which unleashed a great depression across Europe and America.
While I’m not arguing that a systemic change is not vital to protect people from the effects of a general meltdown of the $1.2 trillion derivatives bubble sometimes called “the western banking system”, what such central bankers are proposing is a poison more deadly than the disease they promise to cure.
In principle, the world crisis, is no different from the artificially manufactured crises which the world faced in 1923 when unpayable Versailles debts were heaved onto a beaten Germany, which I elaborated upon in my previous report. It is also no different from the nature of the folly that unleashed unbounded speculation during the “roaring 1920s” which led to the bank-run and general meltdown. Similarly, the solutions being proposed to put out the fire by those same arsonists who lit the matches today are identical to what the world faced in 1933 as a “central bankers” solution for the world depression.
How the 1929 Crash was Manufactured
While everyone knows that the 1929 market crash unleashed four years of hell in America which quickly spread across Europe under the great depression, not many people have realized that this was not inevitable, but rather a controlled blowout.
The bubbles of the 1920s were unleashed with the early death of President William Harding in 1923 and grew under the careful guidance of JP Morgan’s President Coolidge and financier Andrew Mellon (Treasury Secretary) who de-regulated the banks, imposed austerity onto the country, and cooked up a scheme for Broker loans allowing speculators to borrow 90% on their stock. Wall Street was deregulated, investments into the real economy were halted during the 1920s and insanity became the norm. In 1925 broker loans totalled $1.5 billion and grew to $2.6 billion in 1926 and hit $5.7 billion by the end of 1927. By 1928, the stock market was overvalued fourfold!
When the bubble was sufficiently inflated, a moment was decided upon to coordinate a mass “calling in” of the broker loans. Predictably, no one could pay them resulting in a collapse of the markets. Those “in the know” cleaned up with JP Morgan’s “preferred clients”, and other financial behemoths selling before the crash and then buying up the physical assets of America for pennies on the dollar. One notable person who made his fortune in this manner was Prescott Bush of Brown Brothers Harriman, who went onto bailout a bankrupt Nazi party in 1932. These financiers had a tight allegiance with the City of London and coordinated their operations through the private central banking system of America’s Federal Reserve and Bank of International Settlements.
The Living Hell that was the Great Depression
Throughout the Great depression, the population was pushed to its limits making America highly susceptible to fascism as unemployment skyrocketed to 25%, industrial capacity collapsed by 70%, and agricultural prices collapsed far below the cost of production accelerating foreclosures and suicide. Life savings were lost as 4000 banks failed.
This despair was replicated across Europe and Canada with eugenics-loving fascists gaining popularity across the board. England saw the rise of Sir Oswald Mosley’s British Union of Fascists in 1932, English Canada had its own fascist solution with the Rhodes Scholar “Fabian Society” League of Social Reconstruction (which later took over the Liberal Party) calling for the “scientific management of society”. Time magazine had featured Il Duce over 6 times by 1932 and people were being told by that corporate fascism was the economic solution to all of America’s economic woes.
In the midst of the crisis, the City of London removed itself from the gold standard in 1931 which was a crippling blow to the USA, as it resulted in a flight of gold from America causing a deeper contraction of the money supply and thus inability to respond to the depression. British goods simultaneously swamped the USA crushing what little production was left.
It was in this atmosphere that one of the least understood battles unfolded in 1933.
1932: A Bankers’ Dictatorship is Attempted
In Germany, a surprise victory of Gen. Kurt Schleicher caused the defeat of the London-directed Nazi party in December 1932 threatening to break Germany free of Central Bank tyranny. A few weeks before Schleicher’s victory, Franklin Roosevelt won the presidency in America threatening to regulate the private banks and assert national sovereignty over finance.
Seeing their plans for global fascism slipping away, the City of London announced that a new global system controlled by Central Banks had to be created post haste. Their objective was to use the economic crisis as an excuse to remove from nation states any power over monetary policy, while enhancing the power of Independent Central Banks as enforcers of “balanced global budgets”. elaborate
In December 1932, an economic conference “to stabilize the world economy” was organized by the League of Nations under the guidance of the Bank of International Settlements (BIS) and Bank of England. The BIS was set up as “the Central Bank of Central Banks” in 1930 in order to facilitate WWI debt repayments and was a vital instrument for funding Nazi Germany- long after WWII began. The London Economic Conference brought together 64 nations of the world under a controlled environment chaired by the British Prime Minister and opened by the King himself.
A resolution passed by the Conference’s Monetary Committee stated:
“The conference considers it to be essential, in order to provide an international gold standard with the necessary mechanism for satisfactory working, that independent Central Banks, with requisite powers and freedom to carry out an appropriate currency and credit policy, should be created in such developed countries as have not at present an adequate central banking institution” and that “the conference wish to reaffirm the great utility of close and continuous cooperation between Central Banks. The Bank of International Settlements should play an increasingly important part not only by improving contact, but also as an instrument for common action.”
Echoing Carney’s current fixation with “mathematical equilibrium”, the resolutions stated that the new global gold standard controlled by central banks was needed “to maintain a fundamental equilibrium in the balance of payments” of countries. The idea was to deprive nation states of their power to generate and direct credit for their own development.
FDR Torpedoes the London Conference
Chancellor Schleicher’s resistance to a bankers’ dictatorship was resolved by a “soft coup” ousting Schleicher in favor of Adolph Hitler (under the control of a Bank of England toy named Hjalmar Schacht) in January 1933 with Schleicher assassinated the following year. In America, an assassination attempt on Roosevelt was thwarted on February 15, 1933 when a woman knocked the gun out of the hand of an anarchist-freemason in Miami resulting in the death of Chicago’s Mayor Cermak (1).
Without FDR’s dead body, the London conference met an insurmountable barrier, as FDR refused to permit any American cooperation. Roosevelt recognized the necessity for a new international system, but he also knew that it had to be organized by sovereign nation states subservient to the general welfare of the people and not central banks dedicated to the welfare of the oligarchy. Before any international changes could occur, nation states castrated from the effects of the depression had to first recover economically in order to stay above the power of the financiers.
By May 1933, the London Conference crumbled when FDR complained that the conference’s inability to address the real issues of the crisis is “a catastrophe amounting to a world tragedy” and that fixation with short term stability were “old fetishes of so-called international bankers”. FDR continued “The United States seeks the kind of dollar which a generation hence will have the same purchasing and debt paying power as the dollar value we hope to attain in the near future. That objective means more to the good of other nations than a fixed ratio for a month or two. Exchange rate fixing is not the true answer.”
The British drafted an official statement saying “the American statement on stabilization rendered it entirely useless to continue the conference.”
FDR’s War on Wall Street
The new president laid down the gauntlet in his inaugural speech on March 4th saying: “The money-changers have fled from their high seats in the temple of our civilization. We may now restore that temple to the ancient truths. The measure of the restoration lies in the extent to which we apply social values more noble than mere monetary profit”.
FDR declared a war on Wall Street on several levels, beginning with his support of the Pecora Commission which sent thousands of bankers to prison, and exposed the criminal activities of the top tier of Wall Street’s power structure who manipulated the depression, buying political offices and pushing fascism. Ferdinand Pecora who ran the commission called out the deep state when he said “this small group of highly placed financiers, controlling the very springs of economic activity, holds more real power than any similar group in the United States.”
Pecora’s highly publicized success empowered FDR to impose sweeping regulation in the form of 1) Glass-Steagall bank separation, 2) bankruptcy re-organization and 3) the creation of the Security Exchange Commission to oversee Wall Street. Most importantly, FDR disempowered the London-controlled Federal Reserve by installing his own man as Chair (Industrialist Mariner Eccles) who forced it to obey national commands for the first time since 1913, while creating an “alternative” lending mechanism outside of Fed control called the Reconstruction Finance Corporation (RFC) which became the number one lender to infrastructure in America throughout the 1930s.
One of the most controversial policies for which FDR is demonized today was his abolition of the gold standard. The gold standard itself constricted the money supply to a strict exchange of gold per paper dollar, thus preventing the construction of internal improvements needed to revive industrial capacity and put the millions of unemployed back to work for which no financial resources existed. Its manipulation by international financiers made it a weapon of destruction rather than creation at this time. Since commodity prices had fallen lower than the costs of production, it was vital to increase the price of goods under a form of “controlled inflation” so that factories and farms could become solvent and unfortunately the gold standard held that back. FDR imposed protective tariffs to favor agro-industrial recovery on all fronts ending years of rapacious free trade.
FDR stated his political-economic philosophy in 1934: “the old fallacious notion of the bankers on the one side and the government on the other side, as being more or less equal and independent units, has passed away. Government by the necessity of things must be the leader, must be the judge, of the conflicting interests of all groups in the community, including bankers.”
The Real New Deal
Once liberated from the shackles of the central banks, FDR and his allies were able to start a genuine recovery by restoring confidence in banking. Within 31 days of his bank holiday, 75% of banks were operational and the FDIC was created to insure deposits. Four million people were given immediate work, and hundreds of libraries, schools and hospitals were built and staffed- All funded through the RFC. FDR’s first fireside chat was vital in rebuilding confidence in the government and banks, serving even today as a strong lesson in banking which central bankers don’t want you to learn about.
https://www.youtube.com/watch?v=iipnhLTdh-0&feature=emb_title
From 1933-1939, 45 000 infrastructure projects were built. The many “local” projects were governed, like China’s Belt and Road Initiative today, under a “grand design” which FDR termed the “Four Quarters” featuring zones of megaprojects such as the Tennessee Valley Authority area in the south east, the Columbia River Treaty zone on the northwest, the St Laurence Seaway zone on the North east, and Hoover Dam/Colorado zone on the Southwest. These projects were transformative in ways money could never measure as the Tennessee area’s literacy rose from 20% in 1932 to 80% in 1950, and racist backwater holes of the south became the bedrock for America’s aerospace industry due to the abundant and cheap hydropower.
Wall Street Sabotages the New Deal
Those who criticize the New Deal today ignore the fact that its failures have more to do with Wall Street sabotage than anything intrinsic to the program. For example, JP Morgan tool Lewis Douglass (U.S. Budget Director) forced the closure of the Civil Works Administration in 1934 resulting in the firing of all 4 million workers.
Wall Street did everything it could to choke the economy at every turn. In 1931, NY banks loans to the real economy amounted to $38.1 billion which dropped to only $20.3 billion by 1935. Where NY banks had 29% of their funds in US bonds and securities in 1929, this had risen to 58% which cut off the government from being able to issue productive credit to the real economy.
When, in 1937, FDR’s Treasury Secretary persuaded him to cancel public works to see if the economy “could stand on its own two feet”, Wall Street pulled credit out of the economy collapsing the Industrial production index from 110 to 85 erasing seven years’ worth of gain, while steel fell from 80% capacity back to depression levels of 19%. Two million jobs were lost and the Dow Jones lost 39% of its value. This was no different from kicking the crutches out from a patient in rehabilitation and it was not lost on anyone that those doing the kicking were openly supporting Fascism in Europe. Bush patriarch Prescott Bush, then representing Brown Brothers Harriman was found guilty for trading with the enemy in 1942!
Coup Attempt in America Thwarted
The bankers didn’t limit themselves to financial sabotage during this time, but also attempted a fascist military coup which was exposed by Maj. Gen. Smedley Butler in his congressional testimony of November 20, 1934. Butler had testified that the plan was begun in the Summer of 1933 and organized by Wall Street financiers who tried to use him as a puppet dictator leading 500 000 American Legion members to storm the White House. As Butler spoke, those same financiers had just set up an anti-New Deal organization called the American Liberty League which fought to keep America out of the war in defense of an Anglo-Nazi fascist global government which they wished to partner with.
https://www.youtube.com/watch?v=QQoBAc95tnw&feature=emb_title
The American Liberty league only changed tune when it became evident that Hitler had become a disobedient Frankenstein monster who wasn’t content in a subservient position to Britain’s idea of a New World Order. In response to the Liberty League’s agenda, FDR said “some speak of a New World Order, but it is not new and it is not order”.
FDR’s Post-War Vision Destroyed
While FDR’s struggle did change the course of history, his early death during the first months of his fourth term resulted in a fascist perversion of his post-war vision.
Rather than see the IMF, World Bank or UN used as instruments for the internationalization of the New Deal principles to promote long term, low interest loans for the industrial development of former colonies, FDR’s allies were ousted from power over his dead body, and they were recaptured by the same forces who attempted to steer the world towards a Central Banking Dictatorship in 1933.
The American Liberty League spawned into various “patriotic” anti-communist organizations which took power with the FBI and McCarthyism under the fog of the Cold War. This is the structure that Eisenhower warned about when he called out “the Military Industrial Complex” in 1960 and which John Kennedy did battle with during his 900 days as president.
The New Silk Road as the 21st Century New Deal
This is the structure which is out to destroy President Donald Trump out of fear that a new FDR impulse is beginning to be revived in America which may align with the 21st Century international New Deal emerging from China’s Belt and Road Initiative and Eurasian alliance. French Finance Minister Bruno LeMaire and Marc Carney have stated their fear that if the Green New Deal isn’t imposed by the west, then the New Silk Road and yuan will become the basis for the new world system.
The Bank of England-authored Green New Deal and Synthetic Hegemonic Currency which promise to impose draconian constraints on humanity’s carrying capacity in defense of saving nature from humanity have nothing to do with Franklin Roosevelt’s New Deal and they have less to do with the Bretton Woods conference of 1944. These are merely central bankers’ wet dreams for depopulation and fascism “with a democratic face” which their 1933 conference failed to achieve and can only be imposed if people remain blind to their own recent history.
(1) Zingara was labeled a “lone gunman” and promptly executed before any proper investigation could be done.
The author can be reached at matt.ehret@tutamail.com
ABOUT THE AUTHOR Matthew J.L. Ehret is a journalist, lecturer and founder of the Canadian Patriot Review.


thegreanvillepostbiasrating--2020-03-19--Tulsi endorses status quo Biden—

Tulsi endorses status quo Biden—

^5000The mainstream imperialist media lie CONSTANTLY .
Literally 24/7 .
And it 's getting worse .
All of them do @ @ @ @ @ , the newspapers , the movies .
The internet .
No exceptions .
The corporate @ @ @ @ @ totalitarian .
CBS does it .
NBC does it .
ABC does it .
CNN @ @ @ @ @ it .
NPR does it .
And of course the NYTimes and WaPo do it @ @ @ @ @ '' voices telling you the same lies .
Enough to convince anyone .

Up to You.
^3000US citizens have no real political representation.
We don't live in a democracy. And our freedom is disappearing fast.
I don't want to be ruled by hypocrites, whores, and war criminals.
What about you? Time to push back against the corporate oligarchy.
And its multitude of minions and lackeys.


thegreanvillepostbiasrating--2020-03-19--A Lesson Coronavirus Is About to Teach the World

Please make sure these dispatches reach as many readers as possible .
Share with kin , friends and workmates and ask them to do likewise .
The first is that in a globalised world our lives are so intertwined that the idea of viewing ourselves as islands – whether as individuals , communities , nations , or a uniquely privileged species – should be understood as evidence of false consciousness .
In truth , we were always bound together , part of a miraculous web of life on our planet and , beyond it , stardust in an unfathomably large @ @ @ @ @ @ @ an arrogance cultivated in us by those narcissists who have risen to power through their own destructive egotism that blinded us to the necessary mix of humility and awe we ought to feel as we watch a drop of rain on a leaf , or a baby struggle to crawl , or the night sky revealed in all its myriad glories away from city lights .
And now , as we start to enter periods of quarantine and self-isolation – as nations , communities and individuals – all that should be so much @ @ @ @ @ @ @ to show us that only together are we at our strongest , most alive and most human .
In being stripped of what we need most by the threat of contagion , we are reminded of how much we have taken community for granted , abused it , hollowed it out .
We are afraid because the services we need in times of collective difficulty and trauma have been turned into commodities that require payment , or treated as privileges to which access is now means-tested , rationed or is simply gone .
@ @ @ @ @ @ @ the current urge to hoard .
When death stalks us it is not bankers we turn to , or corporate executives , or hedge fund managers .
Nonetheless , those are the people our societies have best rewarded .
They are the people who , if salaries are a measure of value , are the most prized .
But they are not the people we need , as individuals , as societies , as nations .
Rather , it will be doctors , nurses , public health workers , care-givers and social workers @ @ @ @ @ @ @ by risking their own .
During this health crisis we may indeed notice who and what is most important .
But will we remember the sacrifice , their value after the virus is no longer headline news ?
Or will we go back to business as usual – until the next crisis – rewarding the arms manufacturers , the billionaire owners of the media , the fossil fuel company bosses , and the financial-services parasites feeding off other people ’ s money ?
‘ Take it on the chin ’ The second lesson @ @ @ @ @ @ @ we have been told for four decades or more , western capitalist societies are far from the most efficient ways of organising ourselves .
That will be laid bare as the coronavirus crisis deepens .
We are still very much immersed in the ideological universe of Thatcherism and Reaganism , when we were told quite literally : “ There is no such thing as society.
” How will that political mantra stand the test of the coming weeks and months ?
How much can we survive as individuals , even in quarantine , @ @ @ @ @ @ @ care for all of us ?
Western leaders who champion neoliberalism , as they are required to do nowadays , have two choices to cope with coronavirus – and both will require a great deal of misdirection if we are not to see through their hypocrisy and deceptions .
Our leaders can let us “ take it on the chin ” , as the British prime minister Boris Johnson has phrased it .
In practice , that will mean allowing what is effectively a cull of many of the poor and elderly – @ @ @ @ @ @ @ financial burden of underfunded pension schemes and welfare payments .
Such leaders will claim they are powerless to intervene or to ameliorate the crisis .
Confronted with the contradictions inherent in their worldview , they will suddenly become fatalists , abandoning their belief in the efficacy and righteousness of the free market .
They will say the virus was too contagious to contain , too robust for health services to cope , too lethal to save lives .
They will evade all blame for the decades of health cuts and privatisations that made @ @ @ @ @ @ @ and inflexible .
Or , by contrast , politicians will use their spin doctors and allies in the corporate media to obscure the fact that they are quietly and temporarily becoming socialists to deal with the emergency .
They will change the welfare rules so that all those in the gig economy they created – employed on zero-hours contracts – do not spread the virus because they can not afford to self-quarantine or take days ’ off sick .
Or most likely our leaders will pursue both options .
Permanent crisis If acknowledged @ @ @ @ @ @ @ draw from the crisis – that we all matter equally , that we need to look after one another , that we sink or swim together – will be treated as no more than an isolated , fleeting lesson specific to this crisis .
Our leaders will refuse to draw more general lessons – ones that might highlight their own culpability – about how sane , humane societies should function all the time .
In fact , there is nothing unique about the coronavirus crisis .
It is simply a heightened version of @ @ @ @ @ @ @ permanently mired in .
As Britain sinks under floods each winter , as Australia burns each summer , as the southern states of the US are wrecked by hurricanes and its great plains become dustbowls , as the climate emergency becomes ever more tangible , we will learn this truth slowly and painfully .
Those deeply invested in the current system – and those so brainwashed they can not see its flaws – will defend it to the bitter end .
They will learn nothing from the virus .
They will point to @ @ @ @ @ @ @ be far worse .
They will point a finger at Iran ’ s high death toll as confirmation that our profit-driven societies are better , while ignoring the terrible damage we have inflicted on Iran ’ s health services after years of sabotaging its economy through ferocious sanctions .
We left Iran all the more vulnerable to coronavirus because we wanted to engineer “ regime change ” – to interfere under the pretence of “ humanitarian ” concern – as we have sought to do in other countries whose resources we wished to @ @ @ @ @ @ @ Libya .
Iran will be held responsible for a crisis we willed , that our politicians intended ( even if the speed and means came as a surprise ) , to overthrow its leaders .
Iran ’ s failures will be cited as proof of our superior way of life , as we wail self-righteously about the outrage of a “ Russian interference ” whose contours we can barely articulate .
Valuing the common good Those who defend our system , even as its internal logic collapses in the face of coronavirus and @ @ @ @ @ @ @ how lucky we are to live in free societies where some – Amazon executives , home delivery services , pharmacies , toilet-paper manufacturers – can still make a quick buck from our panic and fear .
As long as someone is exploiting us , as long as someone is growing fat and rich , we will be told the system works – and works better than anything else imaginable .
But in fact , late-stage capitalist societies like the US and the UK will struggle to claim even the limited successes against coronavirus @ @ @ @ @ @ @ the US or Johnson in the UK – exemplars of “ the market knows best ” capitalism – likely to do better than China at containing and dealing with the virus ?
This lesson is not about authoritarian versus “ free ” societies .
This is about societies that treasure the common wealth , that value the common good , above private greed and profit , above protecting the privileges of a wealth-elite .
In 2008 , after decades of giving the banks what they wanted – free rein to make money by @ @ @ @ @ @ @ economies all but imploded as an inflated bubble of empty liquidity burst .
The banks and financial services were saved only by public bail-outs – tax payers ’ money .
We were given no choice : the banks , we were told , were “ too big to fail ” .
We bought the banks with our common wealth .
But because private wealth is our era ’ s guiding star , the public were not allowed to own the banks they bought .
And once the banks had been bailed out by @ @ @ @ @ @ @ rich – the banks went right back to making private money , enriching a tiny elite until the next crash .
Nowhere to fly to The naive may think this was a one-off .
But the failings of capitalism are inherent and structural , as the virus is already demonstrating and the climate emergency will drive home with alarming ferocity in the coming years .
The shut-down of borders means the airlines are quickly going bust .
They didn ’ t put money away for a rainy day , of course .
They @ @ @ @ @ @ @ ’ t prudent .
They are in a cut-throat world where they need to compete with rivals , to drive them out of business and make as much money as they can for shareholders .
Now there is nowhere for the airlines to fly to – and they will have no visible means to make money for months on end .
Like the banks , they are too big to fail – and like the banks they are demanding public money be spent to tide them over until they can once again rapaciously @ @ @ @ @ @ @ will be many other corporations queuing up behind the airlines .
Sooner or later the public will be strong-armed once again to bail out these profit-driven corporations whose only efficiency is the central part they play in fuelling global warming and eradicating life on the planet .
The airlines will be resuscitated until the inevitable next crisis arrives – one in which they are key players .
A boot stamping on a face Capitalism is an efficient system for a tiny elite to make money at a terrible cost , and an increasingly @ @ @ @ @ @ @ and only until that system shows itself to be no longer efficient .
Then wider society has to pick up the tab , and assist the wealth-elite so the cycle can be begun all over again .
Like a boot stamping on a human face – forever , as George Orwell warned long ago .
But it is not just that capitalism is economically self-destructive ; it is morally vacant too .
Again , we should study the exemplars of neoliberal orthodoxy : the UK and the US .
In Britain , the @ @ @ @ @ @ @ of the world – is in terminal decline after decades of privatising and outsourcing its services .
Now the same Conservative party that began the cannibalising of the NHS is pleading with businesses such as car makers to address a severe shortage of ventilators , which will soon be needed to assist coronavirus patients .
Once , in an emergency , western governments would have been able to direct resources , both public and private , to save lives .
Factories could have been repurposed for the common good .
Today , the @ @ @ @ @ @ @ do is incentivise business , pinning hopes on the profit motive and selfishness driving these firms to enter the ventilator market , or to provide beds , in ways beneficial to public health .
The flaws in this approach should be glaring if we examine how a car manufacturer might respond to the request to adapt its factories to make ventilators .
If it is not persuaded that it can make easy money or if it thinks there are quicker or bigger profits to be made by continuing to make cars at a @ @ @ @ @ @ @ use public transport , patients will die .
If it holds back , waiting to see if there will be enough demand for ventilators to justify adapting its factories , patients will die .
If it delays in the hope that ventilator shortages will drive up subsidies from a government fearful of the public backlash , patients will die .
And if it makes ventilators on the cheap , to boost profits , without ensuring medical personnel oversee quality control , patients will die .
Survival rates will depend not on the common @ @ @ @ @ @ @ those in need , on planning for the best outcome , but on the vagaries of the market .
And not only on the market , but on faulty , human perceptions of what constitute market forces .
Survival of the fittest If this were not bad enough , Trump – in all his inflated vanity – is showing how that profit-motive can be extended from the business world he knows so intimately to the cynical political one he has been gradually mastering .
According to reports , behind the scenes he has @ @ @ @ @ @ @ He is speaking to international pharmaceutical companies to find one close to developing a vaccine so the United States can buy exclusive rights to it .
Reports suggest that he wants to offer the vaccine exclusively to the US public , in what would amount to the ultimate vote-winner in a re-election year .
This would be the nadir of the dog-eat-dog philosophy – the survival of the fittest , the market decides worldview – we have been encouraged to worship over the past four decades .
It is how people behave when @ @ @ @ @ @ @ which they are responsible and which is responsible for them .
Covid-19 is a real test of whether we continue to let politicians play us .
They can support proper medical care for all , making our societies stronger ; or like Trump they can race for exclusive rights to a vaccine in the hope of buying re-election https : //t.co/H2uFAVW6aG But even should Trump eventually deign to let other countries enjoy the benefits of his privatised vaccine , this will not be about helping mankind , about the greater good .
It @ @ @ @ @ @ @ a tidy profit for the US on the back of other ’ s desperation and suffering , as well as marketing himself a political hero on the global stage .
Or , more likely , it will be yet another chance for the US to demonstrate its “ humanitarian ” credentials , rewarding “ good ” countries by giving them access to the vaccine , while denying “ bad ” countries like Russia the right to protect their citizens .
Obscenely stunted worldview It will be a perfect illustration on the global stage @ @ @ @ @ @ @ how the American way of marketing health works .
This is what happens when health is treated not as a public good but as a commodity to be bought , as a privilege to incentivise the workforce , as a measure of who is successful and who is unsuccessful .
The US , by far the richest country on the planet , has a dysfunctional health care system not because it can not afford a good one , but because its political worldview is so obscenely stunted by the worship of wealth that @ @ @ @ @ @ @ , to respect the common wealth of a healthy society .
The US health system is by far the most expensive in the world , but also the most inefficient .
The vast bulk of “ health spending ” does not contribute to healing the sick but enriches a health industry of pharmaceutical corporations and health insurance companies .
Analysts describe a third of all US health spending – $ 765 billion a year – as “ wasted ” .
But “ waste ” is a euphemism .
In fact , it is @ @ @ @ @ @ @ calling themselves the health industry as they defraud the common wealth of US citizens .
And the fraudulence is all the greater because despite this enormous expenditure more than one in 10 US citizens has no meaningful health cover .
As never before , coronavirus will bring into focus the depraved inefficiency of this system – the model of profit-driven health care , of market forces that look out for the short-term interests of business , not the long-term interests of us all .
There are alternatives .
Right now , Americans are @ @ @ @ @ @ @ socialist , Bernie Sanders , who champions health care as a right because it is a common good , and a Democratic party boss , Joe Biden , who champions the business lobbies he depends on for funding and his political success .
One is being marginalised and vilified as a threat to the American way of life by a handful of corporations that own the US media , while the other is being propelled towards the Democratic nomination by those same corporations .
Coronavirus has an important , urgent lesson to teach @ @ @ @ @ @ @ we ready yet to listen ?
Note to readers : please click the share buttons above or below .
Forward this article to your email lists .
Crosspost on your blog site , internet forums .
etc .
This essay first appeared on the author ’ s blog site , Jonathan Cook ’ s blog .

Please make sure these dispatches reach as many readers as possible. Share with kin, friends and workmates and ask them to do likewise.
By Jonathan Cook
Crosspost with fraternal site Global Research
If a disease can teach wisdom beyond our understanding of how precarious and precious life is, the coronavirus has offered two lessons.
[dropcap]T[/dropcap]he first is that in a globalised world our lives are so intertwined that the idea of viewing ourselves as islands – whether as individuals, communities, nations, or a uniquely privileged species – should be understood as evidence of false consciousness. In truth, we were always bound together, part of a miraculous web of life on our planet and, beyond it, stardust in an unfathomably large and complex universe.
It is only an arrogance cultivated in us by those narcissists who have risen to power through their own destructive egotism that blinded us to the necessary mix of humility and awe we ought to feel as we watch a drop of rain on a leaf, or a baby struggle to crawl, or the night sky revealed in all its myriad glories away from city lights.
And now, as we start to enter periods of quarantine and self-isolation – as nations, communities and individuals – all that should be so much clearer. It has taken a virus to show us that only together are we at our strongest, most alive and most human.
In being stripped of what we need most by the threat of contagion, we are reminded of how much we have taken community for granted, abused it, hollowed it out. We are afraid because the services we need in times of collective difficulty and trauma have been turned into commodities that require payment, or treated as privileges to which access is now means-tested, rationed or is simply gone. That insecurity is at the root of the current urge to hoard.
When death stalks us it is not bankers we turn to, or corporate executives, or hedge fund managers. Nonetheless, those are the people our societies have best rewarded. They are the people who, if salaries are a measure of value, are the most prized.
But they are not the people we need, as individuals, as societies, as nations. Rather, it will be doctors, nurses, public health workers, care-givers and social workers who will be battling to save lives by risking their own.
During this health crisis we may indeed notice who and what is most important. But will we remember the sacrifice, their value after the virus is no longer headline news? Or will we go back to business as usual – until the next crisis – rewarding the arms manufacturers, the billionaire owners of the media, the fossil fuel company bosses, and the financial-services parasites feeding off other people’s money?
‘Take it on the chin’
The second lesson follows from the first. Despite everything we have been told for four decades or more, western capitalist societies are far from the most efficient ways of organising ourselves. That will be laid bare as the coronavirus crisis deepens.
We are still very much immersed in the ideological universe of Thatcherism and Reaganism, when we were told quite literally: “There is no such thing as society.” How will that political mantra stand the test of the coming weeks and months? How much can we survive as individuals, even in quarantine, rather than as part of communities that care for all of us?
Western leaders who champion neoliberalism, as they are required to do nowadays, have two choices to cope with coronavirus – and both will require a great deal of misdirection if we are not to see through their hypocrisy and deceptions.
Our leaders can let us “take it on the chin”, as the British prime minister Boris Johnson has phrased it. In practice, that will mean allowing what is effectively a cull of many of the poor and elderly – one that will relieve governments of the financial burden of underfunded pension schemes and welfare payments.
Such leaders will claim they are powerless to intervene or to ameliorate the crisis. Confronted with the contradictions inherent in their worldview, they will suddenly become fatalists, abandoning their belief in the efficacy and righteousness of the free market. They will say the virus was too contagious to contain, too robust for health services to cope, too lethal to save lives. They will evade all blame for the decades of health cuts and privatisations that made those services inefficient, inadequate, cumbersome and inflexible.
Or, by contrast, politicians will use their spin doctors and allies in the corporate media to obscure the fact that they are quietly and temporarily becoming socialists to deal with the emergency. They will change the welfare rules so that all those in the gig economy they created – employed on zero-hours contracts – do not spread the virus because they cannot afford to self-quarantine or take days’ off sick.
Or most likely our leaders will pursue both options.
Permanent crisis
If acknowledged at all, the conclusion to be draw from the crisis – that we all matter equally, that we need to look after one another, that we sink or swim together – will be treated as no more than an isolated, fleeting lesson specific to this crisis. Our leaders will refuse to draw more general lessons – ones that might highlight their own culpability – about how sane, humane societies should function all the time.
In fact, there is nothing unique about the coronavirus crisis. It is simply a heightened version of the less visible crisis we are now permanently mired in. As Britain sinks under floods each winter, as Australia burns each summer, as the southern states of the US are wrecked by hurricanes and its great plains become dustbowls, as the climate emergency becomes ever more tangible, we will learn this truth slowly and painfully.
Those deeply invested in the current system – and those so brainwashed they cannot see its flaws – will defend it to the bitter end. They will learn nothing from the virus. They will point to authoritarian states and warn that things could be far worse.
They will point a finger at Iran’s high death toll as confirmation that our profit-driven societies are better, while ignoring the terrible damage we have inflicted on Iran’s health services after years of sabotaging its economy through ferocious sanctions. We left Iran all the more vulnerable to coronavirus because we wanted to engineer “regime change” – to interfere under the pretence of “humanitarian” concern – as we have sought to do in other countries whose resources we wished to control, from Iraq to Syria and Libya.
Iran will be held responsible for a crisis we willed, that our politicians intended (even if the speed and means came as a surprise), to overthrow its leaders. Iran’s failures will be cited as proof of our superior way of life, as we wail self-righteously about the outrage of a “Russian interference” whose contours we can barely articulate.
Valuing the common good
Those who defend our system, even as its internal logic collapses in the face of coronavirus and a climate emergency, will tell us how lucky we are to live in free societies where some – Amazon executives, home delivery services, pharmacies, toilet-paper manufacturers – can still make a quick buck from our panic and fear. As long as someone is exploiting us, as long as someone is growing fat and rich, we will be told the system works – and works better than anything else imaginable.
But in fact, late-stage capitalist societies like the US and the UK will struggle to claim even the limited successes against coronavirus of authoritarian governments. Is Trump in the US or Johnson in the UK – exemplars of “the market knows best” capitalism – likely to do better than China at containing and dealing with the virus?
This lesson is not about authoritarian versus “free” societies. This is about societies that treasure the common wealth, that value the common good, above private greed and profit, above protecting the privileges of a wealth-elite.
In 2008, after decades of giving the banks what they wanted – free rein to make money by trading in hot air – the western economies all but imploded as an inflated bubble of empty liquidity burst. The banks and financial services were saved only by public bail-outs – tax payers’ money. We were given no choice: the banks, we were told, were “too big to fail”.
We bought the banks with our common wealth. But because private wealth is our era’s guiding star, the public were not allowed to own the banks they bought. And once the banks had been bailed out by us – a perverse socialism for the rich – the banks went right back to making private money, enriching a tiny elite until the next crash.
Nowhere to fly to
The naive may think this was a one-off. But the failings of capitalism are inherent and structural, as the virus is already demonstrating and the climate emergency will drive home with alarming ferocity in the coming years.
The shut-down of borders means the airlines are quickly going bust. They didn’t put money away for a rainy day, of course. They didn’t save, they weren’t prudent. They are in a cut-throat world where they need to compete with rivals, to drive them out of business and make as much money as they can for shareholders.
Now there is nowhere for the airlines to fly to – and they will have no visible means to make money for months on end. Like the banks, they are too big to fail – and like the banks they are demanding public money be spent to tide them over until they can once again rapaciously make profits for their shareholders. There will be many other corporations queuing up behind the airlines.
The banks that nearly tanked the global economy had to be bailed out because they were 'too big to fail'. Now we're about to do the same with airlines, even as they help to destroy the planet. Time to rethink our profit-driven priorities? https://t.co/kDjqSsITC1 — Jonathan Cook (@Jonathan_K_Cook) March 16, 2020
Sooner or later the public will be strong-armed once again to bail out these profit-driven corporations whose only efficiency is the central part they play in fuelling global warming and eradicating life on the planet. The airlines will be resuscitated until the inevitable next crisis arrives – one in which they are key players.
A boot stamping on a face
Capitalism is an efficient system for a tiny elite to make money at a terrible cost, and an increasingly untenable one, to wider society – and only until that system shows itself to be no longer efficient. Then wider society has to pick up the tab, and assist the wealth-elite so the cycle can be begun all over again. Like a boot stamping on a human face – forever, as George Orwell warned long ago. But it is not just that capitalism is economically self-destructive; it is morally vacant too. Again, we should study the exemplars of neoliberal orthodoxy: the UK and the US. In Britain, the National Health Service – once the envy of the world – is in terminal decline after decades of privatising and outsourcing its services. Now the same Conservative party that began the cannibalising of the NHS is pleading with businesses such as car makers to address a severe shortage of ventilators, which will soon be needed to assist coronavirus patients. Once, in an emergency, western governments would have been able to direct resources, both public and private, to save lives. Factories could have been repurposed for the common good. Today, the government behaves as if all it can do is incentivise business, pinning hopes on the profit motive and selfishness driving these firms to enter the ventilator market, or to provide beds, in ways beneficial to public health. The flaws in this approach should be glaring if we examine how a car manufacturer might respond to the request to adapt its factories to make ventilators. If it is not persuaded that it can make easy money or if it thinks there are quicker or bigger profits to be made by continuing to make cars at a time when the public is frightened to use public transport, patients will die. If it holds back, waiting to see if there will be enough demand for ventilators to justify adapting its factories, patients will die. If it delays in the hope that ventilator shortages will drive up subsidies from a government fearful of the public backlash, patients will die. And if it makes ventilators on the cheap, to boost profits, without ensuring medical personnel oversee quality control, patients will die. Survival rates will depend not on the common good, on our rallying to help those in need, on planning for the best outcome, but on the vagaries of the market. And not only on the market, but on faulty, human perceptions of what constitute market forces. Survival of the fittest
If this were not bad enough, Trump – in all his inflated vanity – is showing how that profit-motive can be extended from the business world he knows so intimately to the cynical political one he has been gradually mastering. According to reports, behind the scenes he has been chasing after a silver bullet. He is speaking to international pharmaceutical companies to find one close to developing a vaccine so the United States can buy exclusive rights to it. Reports suggest that he wants to offer the vaccine exclusively to the US public, in what would amount to the ultimate vote-winner in a re-election year. This would be the nadir of the dog-eat-dog philosophy – the survival of the fittest, the market decides worldview – we have been encouraged to worship over the past four decades. It is how people behave when they are denied a wider society to which they are responsible and which is responsible for them. Covid-19 is a real test of whether we continue to let politicians play us. They can support proper medical care for all, making our societies stronger; or like Trump they can race for exclusive rights to a vaccine in the hope of buying re-election https://t.co/H2uFAVW6aG — Jonathan Cook (@Jonathan_K_Cook) March 16, 2020 But even should Trump eventually deign to let other countries enjoy the benefits of his privatised vaccine, this will not be about helping mankind, about the greater good. It will be about Trump the businessman-president turning a tidy profit for the US on the back of other’s desperation and suffering, as well as marketing himself a political hero on the global stage. Or, more likely, it will be yet another chance for the US to demonstrate its “humanitarian” credentials, rewarding “good” countries by giving them access to the vaccine, while denying “bad” countries like Russia the right to protect their citizens. Obscenely stunted worldview
It will be a perfect illustration on the global stage – and in bold technicolour – of how the American way of marketing health works. This is what happens when health is treated not as a public good but as a commodity to be bought, as a privilege to incentivise the workforce, as a measure of who is successful and who is unsuccessful. The US, by far the richest country on the planet, has a dysfunctional health care system not because it cannot afford a good one, but because its political worldview is so obscenely stunted by the worship of wealth that it refuses to acknowledge the communal good, to respect the common wealth of a healthy society. The US health system is by far the most expensive in the world, but also the most inefficient . The vast bulk of “health spending” does not contribute to healing the sick but enriches a health industry of pharmaceutical corporations and health insurance companies. Analysts describe a third of all US health spending – $765 billion a year – as “wasted”. But “waste” is a euphemism. In fact, it is money stuffed into the pockets of corporations calling themselves the health industry as they defraud the common wealth of US citizens. And the fraudulence is all the greater because despite this enormous expenditure more than one in 10 US citizens has no meaningful health cover. As never before, coronavirus will bring into focus the depraved inefficiency of this system – the model of profit-driven health care, of market forces that look out for the short-term interests of business, not the long-term interests of us all. There are alternatives. Right now, Americans are being offered a choice between a democratic socialist, Bernie Sanders, who champions health care as a right because it is a common good, and a Democratic party boss, Joe Biden, who champions the business lobbies he depends on for funding and his political success. One is being marginalised and vilified as a threat to the American way of life by a handful of corporations that own the US media, while the other is being propelled towards the Democratic nomination by those same corporations. Coronavirus has an important, urgent lesson to teach us. The question is: are we ready yet to listen? Note to readers: please click the share buttons above or below. Forward this article to your email lists. Crosspost on your blog site, internet forums. etc. This essay first appeared on the author’s blog site, Jonathan Cook’s blog.
ABOUT THE AUTHOR Jonathan Cook won the Martha Gellhorn Special Prize for Journalism. His books include “Israel and the Clash of Civilisations: Iraq, Iran and the Plan to Remake the Middle East” (Pluto Press) and “Disappearing Palestine: Israel’s Experiments in Human Despair” (Zed Books). His website is won the Martha Gellhorn Special Prize for Journalism. His books include “Israel and the Clash of Civilisations: Iraq, Iran and the Plan to Remake the Middle East” (Pluto Press) and “Disappearing Palestine: Israel’s Experiments in Human Despair” (Zed Books). His website is www.jonathan-cook.net . He is a frequent contributor to Global Research.


thegreanvillepostbiasrating--2020-03-20--About time! Russiagate: The Great Unraveling

ith no advance warning , the Department of Justice has decided to drop its case against Concord Management and Consulting , one of three Russian companies accused of using Facebook to “ sow discord ” and manipulate voters into doing the Kremlin ’ s bidding .
It seems that prosecutors had no choice according to the New York Timessince defendants were “ exploiting the case to gain access to delicate information that Russia could weaponize.
” Instead of admitting to their old dirty tricks , in other words , they were busy thinking up new ones in order to take @ @ @ @ @ @ @ Those awful Russians !
Doesn ’ t it show that they ’ re all guilty as hell regardless of whether there ’ s a trial or not ?
Well no , actually , it doesn ’ t .
What it shows , rather , is that the case never made much sense to begin with and now , after years of headlines , the DOJ is finally putting it out of its misery .
Questions remain .
If prosecutors are so concerned now that the Russian defendants would somehow take advantage of the @ @ @ @ @ @ @ advantage , why didn ’ t they think of that in the first place ?
If they knew the case posed special problems , why did they go for an indictment at all ?
Why not hit the company with a few additional international sanctions and leave it at that ?
After all , a prosecutor has to think about not a lot of things before going to trial , not only whether a case is provable but whether the process will be too expensive , whether it will compromise other investigations , @ @ @ @ @ @ @ to warrant all the fuss and bother , and so on .
These are questions to ponder before filing charges , not after .
Yet they ’ re questions that Special Prosecutor Robert Mueller ’ s super-high-powered legal team somehow managed to skip .
Which leads to another question : why ?
Why didn ’ t they work through the various problems that a trial might raise ?
Could it be that after issuing the original charges , they figured that the it wouldn ’ t matter because a trial would never take @ @ @ @ @ @ @ long maintained , this one included .
Since the three companies and thirteen individuals named in the original February 2018 indictment were all Russian , it seemed logical to assume that they would remain in situ , beyond the reach of U.S. law .
Why fly all the way to Washington just to throw yourself on the mercy of a federal court at a time when anti-Russian passions were shooting through the roof ?
Who could be so crazy ?
No one , it seemed , except for one company that did just @ @ @ @ @ @ @ Management and Consulting LLC , one of three indicted corporations owned by Russian businessman Yevgeny Prigozhin , hired the prominent law firm of Reed Smith in May 2018 , entered a plea of not guilty , and demanded its day in court .
The Mueller team , according to all available evidence , was stunned .
After all , it had all seemed so simple .
If a trial was not forthcoming , then an indictment could say whatever prosecutors wanted it to say .
They could accuse Prigozhin and his entourage of @ @ @ @ @ @ @ as they didn ’ t have to lay it out before a judge and jury , no one would care .
The press would get its story , Mueller would get his acclaim , and , for the umpteenth time , Russia would be branded the most hellish country on earth .
What could go wrong ?
But then Concord called Mueller ’ s bluff , and everything went to pot .
Since judicial procedure requires something called “ discovery , ” a process by which the defense gets to scrutinize the prosecution @ @ @ @ @ @ @ an effective rebuttal , Reed Smith partner Eric Dubelier demanded to see what government had .
Prosecutors said no .
The material was too “ sensitive.
” If Dubelier saw it , then he might show it to Prigozhin , who would then use it against the U.S .
Conceivably , the prosecution could have redacted the evidence by removing proper names and other such material .
But no , they wanted Federal Judge Dabney Friedrich to narrow defense access even more .
When she refused , they tried to turn tables by @ @ @ @ @ @ @ holdings .
When that didn ’ t work , they announced that they had a secret witness who would reveal everything about Prigozhin and his illicit activities that anyone might want to know .
Finally , they threw in the towel , surprising everybody except the few who saw it coming all along .
“ In light of the defendant ’ s conduct , ” the prosecution announced , “ …its ephemeral presence and immunity to just punishment , the risk of exposure of law enforcement ’ s tools and techniques , and @ @ @ @ @ @ @ at trial , the balance of equities has shifted .
It is no longer in the best interests of justice or the country ’ s national security to continue this prosecution.
” Translation : we give up .
After years of headlines , revelations , scoops , and other such nonsense , the trial of the decade was off .
Explaining how Russia had used Facebook to twist American minds was too much trouble .
It was easier to let Prigozhin to continue with his shenanigans while prosecutors attended to more serious matters @ @ @ @ @ @ @ man really threatened to kill House intelligence chairman Adam Schiff .
The emptiness of the entire charade thus stands exposed .
Yes , Russians may have pulled a few adolescent tricks on the internet .
Yes , Prigozhin may have placed a few inane ads on Facebook .
But , contrary to Mueller and his absurd report , Russian intelligence did not steal thousands of DNC emails – WikiLeaks ’ s source was entirely different – while the $ 44,000 that Prigozhin spent on Facebook ads prior to Election Day 2016 had a @ @ @ @ @ @ @ whole affair didn ’ t amount to a hill of beans .
Or , to put it another way , the real scandal was the scandal itself , i.e .
not what Russiagate revealed about what the Kremlin was up , but what it showed about how intelligence agencies were able to mount a classic disinformation campaign in league with the corporate press .
Russiagate had the country in an uproar for years , but now the great unraveling has begun .
Hopefully , it will continue until the entire process is laid @ @

[dropcap]W[/dropcap]ith no advance warning, the Department of Justice has decided to drop its case against Concord Management and Consulting, one of three Russian companies accused of using Facebook to “sow discord” and manipulate voters into doing the Kremlin’s bidding.
It seems that prosecutors had no choice according to the New York Timessince defendants were “exploiting the case to gain access to delicate information that Russia could weaponize.” Instead of admitting to their old dirty tricks, in other words, they were busy thinking up new ones in order to take advantage of innocent Americans yet again.
Those awful Russians! Doesn’t it show that they’re all guilty as hell regardless of whether there’s a trial or not?
Well no, actually, it doesn’t. What it shows, rather, is that the case never made much sense to begin with and now, after years of headlines, the DOJ is finally putting it out of its misery. Questions remain. If prosecutors are so concerned now that the Russian defendants would somehow take advantage of the judicial process and twist it to their advantage, why didn’t they think of that in the first place? If they knew the case posed special problems, why did they go for an indictment at all? Why not hit the company with a few additional international sanctions and leave it at that?
After all, a prosecutor has to think about not a lot of things before going to trial, not only whether a case is provable but whether the process will be too expensive, whether it will compromise other investigations, whether the penalty will be too light to warrant all the fuss and bother, and so on. These are questions to ponder before filing charges, not after.
Yet they’re questions that Special Prosecutor Robert Mueller’s super-high-powered legal team somehow managed to skip. Which leads to another question: why? Why didn’t they work through the various problems that a trial might raise? Could it be that after issuing the original charges, they figured that the it wouldn’t matter because a trial would never take place?
This is what skeptics have long maintained, this one included. Since the three companies and thirteen individuals named in the original February 2018 indictment were all Russian, it seemed logical to assume that they would remain in situ, beyond the reach of U.S. law. Why fly all the way to Washington just to throw yourself on the mercy of a federal court at a time when anti-Russian passions were shooting through the roof? Who could be so crazy?
No one, it seemed, except for one company that did just that. To universal astonishment, Concord Management and Consulting LLC, one of three indicted corporations owned by Russian businessman Yevgeny Prigozhin, hired the prominent law firm of Reed Smith in May 2018, entered a plea of not guilty, and demanded its day in court.
The Mueller team, according to all available evidence, was stunned. After all, it had all seemed so simple. If a trial was not forthcoming, then an indictment could say whatever prosecutors wanted it to say. They could accuse Prigozhin and his entourage of anything and everything, and as long as they didn’t have to lay it out before a judge and jury, no one would care. The press would get its story, Mueller would get his acclaim, and, for the umpteenth time, Russia would be branded the most hellish country on earth. What could go wrong?
But then Concord called Mueller’s bluff, and everything went to pot. Since judicial procedure requires something called “discovery,” a process by which the defense gets to scrutinize the prosecution’s evidence so it can mount an effective rebuttal, Reed Smith partner Eric Dubelier demanded to see what government had.
Prosecutors said no. The material was too “sensitive.” If Dubelier saw it, then he might show it to Prigozhin, who would then use it against the U.S. Conceivably, the prosecution could have redacted the evidence by removing proper names and other such material. But no, they wanted Federal Judge Dabney Friedrich to narrow defense access even more. When she refused, they tried to turn tables by demanding sweeping information about Prigozhin and his holdings. When that didn’t work, they announced that they had a secret witness who would reveal everything about Prigozhin and his illicit activities that anyone might want to know.
Finally, they threw in the towel, surprising everybody except the few who saw it coming all along. “In light of the defendant’s conduct,” the prosecution announced, “…its ephemeral presence and immunity to just punishment, the risk of exposure of law enforcement’s tools and techniques, and the post-indictment change in the proof available at trial, the balance of equities has shifted. It is no longer in the best interests of justice or the country’s national security to continue this prosecution.”
Translation: we give up. After years of headlines, revelations, scoops, and other such nonsense, the trial of the decade was off. Explaining how Russia had used Facebook to twist American minds was too much trouble. It was easier to let Prigozhin to continue with his shenanigans while prosecutors attended to more serious matters, such as whether a 62-year-old Connecticut man really threatened to kill House intelligence chairman Adam Schiff.
The emptiness of the entire charade thus stands exposed. Yes, Russians may have pulled a few adolescent tricks on the internet. Yes, Prigozhin may have placed a few inane ads on Facebook. But, contrary to Mueller and his absurd report, Russian intelligence did not steal thousands of DNC emails – WikiLeaks’s source was entirely different – while the $44,000 that Prigozhin spent on Facebook ads prior to Election Day 2016 had a minimal impact on the outcome. The whole affair didn’t amount to a hill of beans.
Or, to put it another way, the real scandal was the scandal itself, i.e. not what Russiagate revealed about what the Kremlin was up, but what it showed about how intelligence agencies were able to mount a classic disinformation campaign in league with the corporate press. Russiagate had the country in an uproar for years, but now the great unraveling has begun. Hopefully, it will continue until the entire process is laid bare.
Addendum


thegreanvillepostbiasrating--2020-03-21--Covid-19 Shatters the Facade of European Union

he new coronavirus and its accompanying disease Covid-19 has stopped the globe in its tracks .
Governments , markets and news cycles have become dominated by the pandemic .
Europe is now the epicenter for the disease , with reportedly more fatal cases of infection than China where the virus first erupted in December .
Several European Union countries have declared themselves states of emergencies , including Belgium , France , Portugal , Spain and Italy .
The 27-member bloc has sealed off external borders .
Some states , such as Poland , have begun closing borders with other EU @ @ @ @ @ @ @ of the EU , is alarmed because the much-vaunted single market and its core principles of free movement of goods and people is at risk of collapsing .
The European entity which proclaims solidarity and supranational status is reverting to a collection of nation states , each desperately fighting for their own survival amid the Covid-19 pandemic .
EU leaders have been criticized for showing lack of central leadership and solidarity .
When Italy first reported a surge in infections a few weeks ago , the rest of Europe was slow to respond @ @ @ @ @ @ @ Italy is such a grip of the disease – with thousands dead – that in some parts of the country normal funeral services reportedly can not even cope with the number of deceased .
In blistering remarks this week , the Serbian President Alexander Vucic lamented that there was “ no European solidarity ” .
Serbia is a prospective member of the EU along with several other Balkan states , but Vucic said his country has received little in the way of aid from the EU in face of the coronavirus threat .
@ @ @ @ @ @ @ leader extolled the generosity of China which has sent large shipments of equipment to combat the disease .
Beijing has also dispatched aid cargoes and medical teams to Italy and other EU members to help them cope with their outbreaks .
The World Health Organization has praised the prompt and massive intervention by the Chinese authorities in curbing the spread of the disease within their borders .
Latest indications seem to show China has halted the spread of the infection .
The dithering response by the EU and its belated nation-based reactions could @ @ @ @ @ @ @ incompetence with consequences of huge death toll and ruinous economic impact .
The citizens of Europe will not forgive such fecklessness .
Laughably , an EU monitoring group this week claimed that Russia was interfering by spreading disinformation about impacts of the novel coronavirus in such a way as to undermine European governments and to “ sow division ” among European civilians .
This scapegoating for its own incompetence is risible .
Weeks ago when the world could see that the virus outbreak in China was a grave development , the EU administrators @ @ @ @ @ @ @ hands .
Now that the disease has become a pandemic across the EU , the European Central Bank has suddenly announced it is pumping €750 billion ( $ 820 billion ) to shore up financial markets and institutions while countries struggle to find test kits to detect the disease and ventilators to treat victims .
Healthcare systems have been gutted by years of economic austerity under neoliberal capitalism whereby Brussels and European governments have prostrated themselves to the diktat of finance capital .
What is abundantly clear is that the EU has become @ @ @ @ @ @ @ federation of nations .
An organization that can not adequately protect the health of its public is not an organization worth defending .
The EU ’ s declarations of democracy and solidarity are being seen for the facade that they are .
That facade was always shaky .
A microbe is enough to tear it down .

[dropcap]T[/dropcap]he new coronavirus and its accompanying disease Covid-19 has stopped the globe in its tracks. Governments, markets and news cycles have become dominated by the pandemic. Europe is now the epicenter for the disease, with reportedly more fatal cases of infection than China where the virus first erupted in December.
Several European Union countries have declared themselves states of emergencies, including Belgium, France, Portugal, Spain and Italy. The 27-member bloc has sealed off external borders. Some states, such as Poland, have begun closing borders with other EU members. Brussels, the administrative center of the EU, is alarmed because the much-vaunted single market and its core principles of free movement of goods and people is at risk of collapsing.
The European entity which proclaims solidarity and supranational status is reverting to a collection of nation states, each desperately fighting for their own survival amid the Covid-19 pandemic. EU leaders have been criticized for showing lack of central leadership and solidarity. When Italy first reported a surge in infections a few weeks ago, the rest of Europe was slow to respond with the necessary prompt assistance. Now Italy is in such a grip of the disease – with thousands dead – that in some parts of the country normal funeral services reportedly cannot even cope with the number of deceased.
In blistering remarks this week, the Serbian President Alexander Vucic lamented that there was “no European solidarity”. Serbia is a prospective member of the EU along with several other Balkan states, but Vucic said his country has received little in the way of aid from the EU in face of the coronavirus threat. Indeed, by contrast, the Serb leader extolled the generosity of China which has sent large shipments of equipment to combat the disease. Beijing has also dispatched aid cargoes and medical teams to Italy and other EU members to help them cope with their outbreaks.
The World Health Organization has praised the prompt and massive intervention by the Chinese authorities in curbing the spread of the disease within their borders. Latest indications seem to show China has halted the spread of the infection.
The dithering response by the EU and its belated nation-based reactions could turn out to be a fatal political incompetence with consequences of huge death toll and ruinous economic impact. The citizens of Europe will not forgive such fecklessness.
Laughably, an EU monitoring group this week claimed that Russia was interfering by spreading disinformation about impacts of the novel coronavirus in such a way as to undermine European governments and to “sow division” among European civilians. This scapegoating for its own incompetence is risible.
Weeks ago when the world could see that the virus outbreak in China was a grave development, the EU administrators and national leaders were sitting on their hands. Now that the disease has become a pandemic across the EU, the European Central Bank has suddenly announced it is pumping €750 billion ($820 billion) to shore up financial markets and institutions while countries struggle to find test kits to detect the disease and ventilators to treat victims. Healthcare systems have been gutted by years of economic austerity under neoliberal capitalism whereby Brussels and European governments have prostrated themselves to the diktat of finance capital.
What is abundantly clear is that the EU has become a financially-driven cartel, not a human-centered federation of nations. An organization that cannot adequately protect the health of its public is not an organization worth defending. The EU’s declarations of democracy and solidarity are being seen for the facade that they are. That facade was always shaky. A microbe is enough to tear it down.