marxbites

Commodity Forecasters See Prices Declining

The WW central banking system of fiat money IS selling to manipulate the price and heavies like Greenspam have admitted so.

Goto gata.org for the whole story of paper funny money makers trying extremely hard to make the world still believe the phony stuff has any value whatsoever left in any of them.

The scrip nobility's robbery of the taxpayer vias interest and inflation of worthless unredeemable paper may meltdown around their very feet.

The problem is that the vast amount of wealth they have embezzled from generations of Americans can never be recovered - but I say we still should by dividing up every single Foundation and Trust among the people as a good starting point.

Now Banking Reparations is a reparations I can get behind!!

Anyone else feel they deserve a chunk of a Rothschild, Rockefeller or Morgan's fortunes amassed since 1913 when their cartelization via the Fed ended any real competition between them?

Get Out of Commodities - Barron's

The only REALLY scary thing is how indoctrinated ignorance has fooled Americans into accepting fiat currencies that throughout ALL history eventually met demise in hyperinflated worthlessness.

And yet the lowly oz of gold still buys today what it did 100 or 2000 years ago - a damn fine suit & shoes, or the finest toga and sandals to be found on the streets of the Roman Empire.

The PURE definition of inflation is: more "currency" units each with less purchasing power, period.

Prices do not rise vis gold. More dollars, worth ever less, requires more of them to purchase the same amounts of goods or sevices.

According to Marx, Lenin, and ideological pal Keynes; inflation, along with graduated taxes, are the millstones with which to grind away the wealth of the people - and which not one man in a million could detect because of it's invisibility.

It's the EXACT reason the Constitution calls for ONLY gold or silver money, and NO fiat toilet paper a la the 2nd Reich or Imperial Rome, because elites can diddle with it for their own benefit to the people's impoverishment, as stated by too many founders to EVER be quibbled over.

Does ANYONE know that Hamilton was married to a Rothschild? Or that Rothschilds were behind Rockefeller & Morgan who conspired to create the FED, the author of the FED being Paul Warburg, Hitler's banker Max's brother?

Read Murray N Rothbard's "Wall Street, Banks and American Foreign Policy" for the eyeopener of your lives:

mises.org/resources/12...

an excerpt from the intro:

The New Deal economic policy was, as Rothbard demonstrated, prefigured by Herbert Hoover, champion of big business, and foreshadowed in the reforms of the Progressive era. As the
revisionist economic historians, such as Gabriel Kolko, have shown, those who regulated the great industries in the name of progressive "reform" were recruited from the very cartels and
trusts they were created to tame.

And of course the monopolists didn't mind being tamed, so long as their competitors were tamed (if not eliminated). Every giant leap forward of economic planning and centralization—central banking, the welfare state, "civil rights," and affirmative action—was supported if not initiated by the biggest and most politically powerful business interests in the country. The House of Morgan, the Rockefellers, and the Kuhn-Loebs must take their place alongside the First, Second, and Third Internationals as the historic enemies of liberty.

Giant multinational corporations, and their economic satellites, in alliance with governments and the big banks, are in the process of extending their influence on a global scale: they dream of a world central bank, global planning, and an international welfare state, with American troops policing the world to guarantee their profit margins.

After the long battle to create a central bank in the U.S., the high priests of high finance finally seized and consolidated control of domestic economic policy. It only remained for them to extend their dominance internationally, and for this purpose they created the Council on Foreign Relations, and, later, the Trilateral Commission.

These two groups have been seized upon by the new populist Right as the virtual embodiments of the Power Elite, and rightly so. It is only by reading Rothbard, however, that this insight is placed in its proper historical perspective. For the fact of the matter is that, as Rothbard shows, the CFR/Trilateralist network is merely the latest incarnation of a trend deeply rooted in modern American history.

Long before the founding of the CFR or the Trilateral Commission, there was a power elite in this country; that elite will likely endure long after those organizations are gone or transmuted into something else. Rothbard's unmasking of the historical and economic roots of this trend is vital in understanding that this is not a "conspiracy" centered in the CFR and the Trilateralist groups, as such, but an ideological trend traditionally centered in the Northeast, among the upper classes, and deeply rooted in American history.

I put the word "conspiracy" in quotes because it has become the favorite swearword of the Respectable Right and the "extremist"-baiting Left.

If it is conspiracy-mongering to believe that human beings engage in purposeful activity to achieve their economic, political, and personal goals, then rational men and women must necessarily plead guilty. The alternative is to assert that human action is purposeless, random, and inexplicable. History, in this view, is a series of discontinuous accidents.

Yet it would be inaccurate to call the Rothbardian world view a "conspiracy theory." To say that the House of Morgan was engaged in a "conspiracy" to drag the U.S. into World War I, when
indeed it openly used every stratagem, every lever both economic and political, to push us into "the war to end all wars," seems woefully inadequate. This was not some secret cabal meeting in
a soundproof corporate boardroom, but a "conspiracy" of ideas openly and vociferously expressed. (On this point, please note and underscore Rothbard's analysis of the founding of The New Republic as the literary flagship of "the growing alliance for war and statism" between the Morgan interests and liberal intellectuals—and isn't it funny how some things never change?)

A conspiracy theory attributes virtually all social problems to a single monolithic agency. Radical feminism, which attributes all the evil in the world to the existence of men, is a classic conspiracy theory; the paranoid views of the ex-Communists in the conservative movement, who were obsessed with destroying their ex-comrades, was another.

But the complexity and subtlety of the Rothbardian analysis, backed up by the sheer mass of rich historical detail, sets Rothbard on an altogether different and higher plane. Here there is no single
agency, no omnipotent central committee that issues directives, but a multiplicity of interest groups and factions whose goals are generally congruent.

In this milieu, there are familial, social, and economic connections, as well as ideological complicity, and none is better than Rothbard at ferreting out and unraveling these biographical details. Taken together, the author's small and studied brushstrokes paint a portrait of a ruling class whose ruthlessness is surpassed only by its brazen disloyalty to the nation. It is a portrait that remains unchanged, in its essentials, to this day. Wall Street, Banks, and
American Foreign Policy was written and published in 1984, during the Reagan years.

Reagan started out by denouncing the power elite and specifically the CFR and the Trilateralists, but wound up with that epitome of the Establishment, Skull-&-Bonesman George Bush as his vice president and successor. Bush is a longtime CFR director, and Trilateralist; most of his major cabinet officers, including his chairman of the joint chiefs, Colin Powell, were CFR members.

The Clinton administration is similarly afflicted, from the President (CFR/Trilateral) on down through Donna Shalala (CFR/Trilateral) and George Stephanopoulos (CFR), with the CFR honeycombed (as usual) throughout the State Department. In addition to Secretary of State Warren Christopher, other CFR members in the Clinton cabinet include Laura Tyson, chairman of the Council of Economic advisors, Treasury Secretary Robert Rubin; Interior Secretary Bruce Babbitt, HUD honcho Henry Cisneros; and Alice Rivlin, OMB director.

The other side of the aisle is equally co-opted at the leadership level, as vividly dramatized by Gingrich's retreat before the power and majesty of Henry Kissinger. One naturally expects cowardice from politicians, but the indictment also includes what passes for the intellectual leaders of the Republican free-market "revolution."

mises.org/resources/12...

----Both parties are rotten to the core and serve the very same masters who tap, groom & place their puppets in govt, media and academe's top slots, and is why Rothbard's 40 pg essay is a MUST read for ALL Americans in understanding what this corrupt establishment LEAST wants Americans to know, having wasted billions of our tax dollars to make sure we don't via the state's compulsory educrats.----

Almost ALL media is controlled w/few exceptions - thank goodness for the WWW while we still have it!

Did Barron's Really Pan All Commodity Investing?

The only REALLY scary thing is how indoctrinated ignorance has fooled Americans into accepting fiat currencies that throughout ALL history eventually met the demise of hyperinflated worthlessness.

And yet the lowly oz of gold still buys today what it did 100 or 2000 years ago - a damn fine suit & shoes, or the finest toga and sandals to be found on the streets of the Roman Empire.

The PURE definition of inflation is: more "currency" units each with less purchasing power, period.

Prices do not rise vis gold. More dollars, worth ever less, requires more of them to purchase the same amounts of goods or sevices.

According to Marx, Lenin, and ideological pal Keynes; inflation, along with graduated taxes, are the millstones with which to grind away the wealth of the people - and which not one man in a million could detect because of it's invisibility.

It's the EXACT reason the Constitution calls for ONLY gold or silver money, and NO fiat toilet paper a la the 2nd Reich or Imperial Rome, because elites can diddle with it for their own benefit to the people's impoverishment, as stated by too many founders to be quibbled over.

Does ANYONE know that Hamilton was married to a Rothschild? Or that Rothschilds were behind Rockefeller & Morgan who conspired to create the FED, the author of the FED being Paul Warburg, Hitler's banker Max's brother?

Read Murray N Rothbard's "Wall Street, Banks and American Foreign Policy" for the eyeopener of your lives:

www.mises.org/resource...

an excerpt from the intro:

The New Deal economic policy was, as Rothbard demonstrated, prefigured by Herbert Hoover, champion of big business, and foreshadowed in the reforms of the Progressive era. As the
revisionist economic historians, such as Gabriel Kolko, have shown, those who regulated the great industries in the name of progressive "reform" were recruited from the very cartels and
trusts they were created to tame.

And of course the monopolists didn't mind being tamed, so long as their competitors were tamed (if not eliminated). Every giant leap forward of economic planning and centralization—central banking, the welfare state, "civil rights," and affirmative action—was supported if not initiated by the biggest and most politically powerful business interests in the country. The House of
Morgan, the Rockefellers, and the Kuhn-Loebs must take their place alongside the First, Second, and Third Internationals as the historic enemies of liberty.

Giant multinational corporations, and their economic satellites, in alliance with governments and the big banks, are in the process of extending their influence on a global scale: they dream of a
world central bank, global planning, and an international welfare state, with American troops policing the world to guarantee their profit margins.

After the long battle to create a central bank in the U.S., the high priests of high finance finally seized and consolidated control of domestic economic policy. It only remained for them to extend their dominance internationally, and for this purpose they created the Council on Foreign Relations, and, later, the Trilateral Commission.

These two groups have been seized upon by the new populist Right as the virtual embodiments of the Power Elite, and rightly so. It is only by reading Rothbard, however, that this insight is placed in its proper historical perspective. For the fact of the matter is that, as Rothbard shows, the CFR/Trilateralist network is merely the latest incarnation of a trend deeply rooted in modern American history.

Long before the founding of the CFR or the Trilateral Commission, there was a power elite in this country; that elite will likely endure long after those organizations are gone or transmuted into something else. Rothbard's unmasking of the historical and economic roots of this trend is vital in understanding that this is not a "conspiracy" centered in the CFR and the Trilateralist groups, as such, but an ideological trend traditionally centered in the Northeast,
among the upper classes, and deeply rooted in American history.

I put the word "conspiracy" in quotes because it has become the favorite swearword of the Respectable Right and the "extremist"-baiting Left.

If it is conspiracy-mongering to believe that human beings engage in purposeful activity to achieve their economic, political, and personal goals, then rational men and women must necessarily plead guilty. The alternative is to assert that human action is purposeless, random, and inexplicable. History, in this view, is a series of discontinuous accidents.

Yet it would be inaccurate to call the Rothbardian world view a "conspiracy theory." To say that the House of Morgan was engaged in a "conspiracy" to drag the U.S. into World War I, when
indeed it openly used every stratagem, every lever both economic and political, to push us into "the war to end all wars," seems woefully inadequate. This was not some secret cabal meeting in
a soundproof corporate boardroom, but a "conspiracy" of ideas openly and vociferously expressed. (On this point, please note and underscore Rothbard's analysis of the founding of The New Republic as the literary flagship of "the growing alliance for war and statism" between the Morgan interests and liberal intellectuals—and isn't it funny how some things never change?)

A conspiracy theory attributes virtually all social problems to a single monolithic agency. Radical feminism, which attributes all the evil in the world to the existence of men, is a classic conspiracy theory; the paranoid views of the ex-Communists in the conservative movement, who were obsessed with destroying their ex-comrades, was another.

But the complexity and subtlety of the Rothbardian analysis, backed up by the sheer mass of rich historical detail, sets Rothbard on an altogether different and higher plane. Here there is no single
agency, no omnipotent central committee that issues directives, but a multiplicity of interest groups and factions whose goals are generally congruent.

In this milieu, there are familial, social, and economic connections, as well as ideological complicity, and none is better than Rothbard at ferreting out and unraveling these biographical details. Taken together, the author's small and studied brushstrokes paint a portrait of a ruling class whose ruthlessness is surpassed only by its brazen disloyalty to the nation. It is a portrait that remains unchanged, in its essentials, to this day. Wall Street, Banks, and
American Foreign Policy was written and published in 1984, during the Reagan years.

Reagan started out by denouncing the power elite and specifically the CFR and the Trilateralists, but wound up with that epitome of the Establishment, Skull-&-Bonesman George Bush as his vice president and successor. Bush is a longtime CFR director, and Trilateralist; most of his major cabinet officers, including his chairman of the joint chiefs, Colin Powell, were CFR members.

The Clinton administration is similarly afflicted, from the President (CFR/Trilateral) on down through Donna Shalala (CFR/Trilateral) and George Stephanopoulos (CFR), with the CFR honeycombed (as usual) throughout the State Department. In addition to Secretary of State Warren Christopher, other CFR members in the Clinton cabinet include Laura Tyson, chairman of the Council of Economic advisors, Treasury Secretary Robert Rubin; Interior Secretary Bruce Babbitt, HUD honcho Henry Cisneros; and Alice Rivlin, OMB director.

The other side of the aisle is equally co-opted at the leadership level, as vividly dramatized by Gingrich's retreat before the power and majesty of Henry Kissinger. One naturally expects cowardice from politicians, but the indictment also includes what passes for the intellectual leaders of the Republican free-market "revolution."

www.mises.org/resource...

----Both parties are rotten to the core and serve the very same masters who tap, back & place their puppets, and is why Rothbard's 40 pg essay is a MUST read for ALL Americans in understanding what this corrupt establishment LEAST wants Americans to know, having wasted billions of our tax dollars to make sure we don't via the state's compulsion.----