- The important matter is not gold backing or gold itself
as the national currency. Monetarism -- pick any token and establish it
in the proper way to condition it as a positive reinforcer effective that
figures in their exchanges with other people and it will be money -- and
its supply and demand can be altered by those who have exclusive issue
of this token system.
-
- But what is important today is the existence of 1) a
credit monopoly; 2) a two-class financial system -- what I called two-loop
system in my writings of the late 1990's. The global elite are international
and they own the debt of the world. The Fed is the institution. It is
the link between the elite international loop and the domestic debt-slavery
tax-slavery loop of M1 money. (The plebian loop is that of the domestic
commercial banks, their regulation by the Fed, their system for creating
demand deposits by making loans under a fractional reserve system and the
ability to borrow from the Fed at the discount window.) The international
banks are free of all the laws that constraign the domestic (plebian) loop.
Because international banks are unregulated by the authorities -- the
elite loop (Money Power, international finance, called investment banks
or merchant banks) live with completely different interest rates at which
they borrow and at which they lend. The internationalist can receive
an deposit rate (when they maintain liquidity) of say 8.75 percent but
have a loan rate that is very very very little higher than that 8.758 let
us say -- the London interbankm offer rate.) Thus there is almost no
spread between the international "offshore" rate at which
internationally held dollars outside the domestic loop are borrowed by
the elite and the international "offshore" rate at which they
can receive money on their deposits.
-
-
- But here is where the blade touches our necks: While
the elite international financier can both borrow at approximately the
same interest rate -- the ruling elite have regulated the US domestic
economy so their is a gigantic spread between the best interest rate on
a deposit and the best interest rate on a loan. The lowest borrowing rate
at which the best (plebian) credit can borrow is the U.S. Prime
Rate (for their best corporate customers) and the best rate someone locked
in the plebian loop can get on a deposit is the US Certificate of deposit
rate. So we see how the international elite can make their money -- and
it isn't only by "making money out of air" with the fractional
reserve money multiplier. They have created -- by regulation since they
own the Congress -- a domestic financial system that creates a great spread
between what the people can earn in interest on deposits of their
money and what they must pay in interest to get a loan even at the best
rate. Yet every day the international banker can get his international
dollars (and there are a lot more dollars outside the loop in the hands
of the international money power than there are in the the purchasing power
starved plebian loop of the domestic debt-slave and tax slave economy.
-
-
- The international financier can borrow from London merchant
bankers' rate and always lend out in the plebian US domestic loop for signficantly
less. But on the same day the same financier can borrow money from the
domestic loop US Certificates of Deposit bought from the FED (which interconnects
the two loops) and lend it to the US domestic debt slaves at the U.S prime
rate or even better rates (mortgages etc. -- one reason why
mortgages have been securitized btw.) So, rather than the financial
elite being great entrepreneurs and developers of the world economy --
they just the opposite of course -- they have bought Congress and devised
this system creating an artifical spread between deposit rates and lending
rates (in efficient unregulated markets this spread would not exist, just
as it does not exist in the economic environment of international finace
-- the spread is insigificant, showing efficient unhampered markets only
for the elite) -- so the international financial masters can alway borrow
from the elite loop at much lower rates than they can lend that money in
the US domestic loop and they can get interest on deposits at a much higher
rate than people in the domestic US economy (buying US Certificates
of Deposit.)
-
- Now, we know that the FED owns a lot of US debt. These
holdings are bought and sold in open market operations at the Federal Reserve
Bank of New York. These open market operations are the real power
of the money elite over the US economy. The power of the Federal Reserve
is not the Chairman of the Federal Reserve Board -- he is just an errand
boy. And the twelve Federal Reserve Board bank presidents are nothing.
The Fed open market committee has a little power - but only under supervision
of the greater power I shall mention next. The FOMC can change the discount
rate (a minor tool -- called by the media "the Fed setting the interest
rate" -- when the rate set is only the loan rate between the Fed
and the commercial banks of the domestic system. The FOMC meets only
eight times a year. It is not the center of policy and power.
-
-
- The real power resides with a small group of investment
bankers and with the President of the New York Federal Reserve Bank and
in particular with Open Market Account Manager and his staff consisting
of staffers loyal only to the merchant bankers. The open market operations
are decided by them and they inform the FOMC what they have done. That
is how it really works. The directors of each Federal Reserve Bank --
who were supposed to be the governors of the system when the system was
sold to us in 1912 -- are locked out of these decisions as are Federal
Advisory Council. (As powerless as the US presidents cabinet in forming
foreign policy, for example.) Yes, the member banks "own" the
Fed, but the ownership is purley symbolic -- in fact. de facto, a
public relations lie.
-
- Remember, the powr of the money elite over the United
States is the power of the investment bankers of the elite loop to switch
buy and sell securities with the FED in open market operations. The policy
is that the domestic loop is kept on starvation rations and the elite loop
has all the money it wants to invest around the world (but never here)
simply by selling its securites to the Fed for cash which it then uses
abroad. And the US pays interst on those securities with taxes. The tax
system is not needed to fund government, but to fund the predations of
the interntaional financial elite -- including their investments in China
--with our savings (long gone) and our tax money.
-
- They fleece us by this money machine in the internaitonal
loop --our debt slavery and our tax slavery and our credit starvation and
capital starvation and purchasing power starvation stem from this system.
-
- This is how it works. I have studied the subject from
the viewpoint of the average American citizen -- which no one else familiar
with the banking system ever seems to do -- and I have passed my findings
on to you. I have shown you your slavery. Now you can get back to wondering
whether Hillary or Obama will run against McCain -- as if either of those
three have either a clue to the problem or the slightest inclination to
free you from this vampire. Not even Ron Paul has shown that he understands
how the present system dominates the country. A gold system is not the
answer. Populist government is the answer.
-
- All I can suggest politically is that you join me in
attempting to draft Bob Bowman.
-
- Dick Eastman
- Yakima, Washington
-
-
- In 2003 I wrote:
-
- Derivatives are a way that financial insiders could
take the whole price
- structure collapse and shift the burden to the rest
of us. That's what derivatives,
- futures, swaptions etc. are for -- shifting risk upon
others. That is
- good if regulated properly and if there is not insider
manipulation that
- converts "risk managment" to scam in rigged
markets (not only inside
- knowledge, but inside manipulation by the government,
quasi-governmental
- (the Federal Reserve) and other NGO institutions (world
bank, IMF etc.)
- the insiders control for their own purposes.
-
- Don't believe me?: http://groups.yahoo.com/group/frameup/message/3625
-
- ===================================
-
- And here is the basis of the above statement -- the
real nature of this economy. (Written in 1999.)
-
- In article <http://groups.yahoo.com/group/frameup/post?postID=OyQPqgJWyh2
qHX1JFa1Vqzrnvo5Do1N2mTuCgnGN1ZuQwk8HpiczvERS9mvXMfwp-EOK
OS6EMKpKlwGNOmjAuX12CDYsYQ>8547ul$kqe$1@nnrp03.primenet.com>,
"Lawrence Tseung" wrote:
-
-
- The Strategic View Of Banking And Investment
-
- Dr. Tseung,
-
- There already is much international pressure for China
(the Communist-
- held mainland) to adopt the American (also called "globalist")
system
- of central banking and money supply/interest rate management.
-
- If this system is adopted it will prove a great wealth-making
- boon to the financial elites of the New China, but it
will mean
- the constant impoverishment and indebtedness of the masses
of
- the Chinese people. The foreigners will bribe heavily
for China's
- political leaders to adopt their kind of system (they
will share
- mightily in the transfers of wealth!)
-
- I offer the following letter which was meant to warn
Americans
- of the abuse and corruption of their economic system.
The astute
- Chinese student of economics will at once see the relevance
to
- his own country's situation.
-
- If you are a student I urge that you bring this to the
attention
- of your economics professor. I claim no authority for
this essay
- based on my name. (I hold a Masters degree from Texas
A & M where
- I studied Macroeconomics under Dr. Akira Takayama and
Banking under
- Dr. Richard Saving; but this analysis does not stem from
their
- treatment of this topic.)
-
- How the Future Was Stolen
- by Dick Eastman
-
- Everything you hear about the Federal Reserve (and the
Euro Central
- Bank for that matter) raising interest rates to "combat
inflation"
- is private disinformation from a deviant banking elite
intended to
- conceal the fact that the middle-classes are being robbed
blind and
- their hopes for the future are being stripped from their
existence.
-
- Unfortunately the same elite has dumbed down most of
us to the
- point where it is difficult to follow an explanation
of how this
- super-theft is accomplished. So copy this and go someplace
where
- you can concentrate.
- * * *
- The middle class is shrinking because the money supply
that the
- middle class uses, M1, is being contracted while the
wide-transaction
- monies exclusively used by the financial elite and multinational
- corporations are being expanded. So instead of the whole
economy
- undergoing a boom followed by a bust as the state alternately
- inflates a commonly shared currency and bank credit and
then
- tightens it; today we see the middle class languishing
on an
- M1- money contracted "bust loop" (the internal
"little people's
- economy) even as big banks, multinational corporations
and
- billionaire currency traders enjoy an easy money boom
that
- captures most of the real-goods "economic pie"
for itself and,
- more important, all the claims to future economic pie
(the
- result of savings/investment on the elite loop) while
the
- middle class, lacking even the money to meet its
- expected commitments goes into debt (receiving pieces
of
- "negative economic pie" for the future).
-
- The M1 money supply (think: cash and check-book money,
or
- in bigger words, domestically circulating currency and
- bank-loan generated checking accounts called demand deposits),
- both as a stock and as a flow, has been SHRINKING with
very
- little fanfare since the current Fed Chairman assumed
his
- position under Ronald Reagan. This means the circulating
- money media of the middle classes--which the middle classes
- use to pay their debts, buy clothes for school, and take
- the family out for dinner, fix up the house, buy a new
car,
- or make donations to the local orphanage --has been less
and
- less each year. (This explains the shocking rise in middle
- class debt(that the prostitute press downplays falsely
- attributing the rise as the result of "spend-now-rather-than-later"
- decisions of middle class people themselves--as if they
had
- any choice in the matter!
-
- But while the Fed has been shrinking M1 it has been
- allowing the monies of the elite, the so-called "wide
- transactions monies," M2 and M3 to expand. Under
Greenspan
- and during the Presidencies of Reagan, Bush and Clinton,
- the Fed has been holding M2 and M3 (each of which includes
- M1 monies, but then adds the wide transactions money-supply
- components used the multinational-loop transactions of
of
- elite institutions. I'm talking about money market deposit
- accounts and general purpose money market mutual funds,
but
- more important, the overnight Eurodollar deposits issued
to
- US residents from foreign US banks and, most powerful
of all
- the overnight and continuing contract REPURCHASE AGREEMENTS.
- These are the privileged money-supply components that
the
- middle class never gets to touch. What owner of a vacuum-cleaner
- repair shop or a machine shop parks his "excess
liquidity" at
- a commercial bank in the form of a short-term loan to
the bank,
- with a REPO, redeemable the next day for principle and
interest?
- And which middle class guy with "an idea for a better
mouse trap"
- gets to borrow that cash?
-
- By the way, don't be fooled by the "overnight"
aspect of these loans.
- The banks accepting these loans know that they can count
on
- sufficient "parked money" each and every night
to permit
- highly significant, i.e., huge, loans on the basis of
them.
- This is a source of money that the little "building
and loan
- association" managed by "good ol' George Bailey"
- could never touch for the residents of Bedford Falls
- (the character in Frank Capra's populist film of pre-WWII
- Americana: "It's a Wonderful Life.")
-
- The REPO is a computer data entry that, for all practical
- purposes is money. I'll go even further: since it is
a banks
- IOU and can claim the creation of new demand deposits
when
- it is electronically "turned in" it functions
exactly like the
- private-bank generated monies of the early days of the
Republic,
- in the relatively unregulated days before the (American)
Civil War.
-
- I am telling you that the elite have their own private
loop for
- their own less-regulated AND more-privileged monies.
It is these
- monies of the elite that are the components of money-supply
- definitions of M2 and M3 within the definition of M2
and M3
- that have expanded as the M1 component has been shrinking.
- (In other words, the relative share of M1 has been shrinking
- against the REPO's and CD's within M2 and M3.)
- Thus M2 appears to be stable, to be "held relatively
constant,"
- ostensibly to "keep inflation under control"
in the manner of
- monetarists.
-
- This money circulates in the multinational corporate
and
- financial realms of Wall Street, not in your home town
or
- backwater state. (WHY are some states backwater states?;
a
- related topic for another time.)--and when it is spent
it is
- spent on new factories on the Communist mainland of China,
- or a new Wal Mart that will put "Ma and Pa"
stores of your
- home town OUT OF BUSINESS. (Ma and Pa spend their PROFITS
in
- your town; Wal Mart sends its profits to Arkansas. Get
it?
- The Waltons (billionaires) get the profits that used
to go to
- middle-class mom and pop. (Ma can be seen today offering
you
- free samples of cheese spread as an a senior-citizen
employee
- of Wal Mart. (I am not knocking Wal Mart. I'm just saying
- that the capital for those giant stores came from a lending
- source unavailable to Ma and Pop. And before someone
tells
- me that Wal Mart is better than Ma and Pa; let's switch
our
- example to restaurants. Could your grandmother cook a
better
- meal than McDonalds? Then why hasn't she driven McDonalds
out
- of business? Maybe she does not belong to the little
circle
- of pals on the closed investment loop, closed to little
guys
- that is.
-
- At this point we need to consider the effects of a monetary
- contraction.
-
- The 1929 crash destroyed a third of the money supply.
- That monetary contraction (caused by the mass calling
in
- of bank loans to meet the cash demands brokerage houses
that
- investors meet their margins (they had bought stock on
credit
- during the good times) plus downward rigidity of
- wages (there is less money circulating and lower prices
at
- the stores but no one cuts wages to bring them into balance
- with other depressed prices--they settle for firing a
third
- of the work force instead, so that those who kept their
jobs
- now have their old wage and lower prices in the store.
That
- is why those who kept their jobs in the Great Depression
where
- much better off than before, as one can see by comparing
the
- average home build in the twenties with the average home
of
- the 30's. (And I think the massive margin calls by brokerage
- firms was deliberate--why else would Winston Churchill
have
- been on Wall Street that day? (Britain needed the crash
because
- Churchill, the Chancellor of the Exchequer had set the
gold
- content of the Pound too high considering the weakened
economic
- condition of Britain after WW1; Wall Street Relatives
were
- willing to help out, and wipe out a lot of their competition
- from middle-class businessmen at the same time.) It is
true.
- It is as John C. Calhoun said back in 1836: "A power
has
- risen up in the government greater than the people themselves,
- consisting of many and various and powerful interests,
- combined into one mass, and held together by the cohesive
- power of the vast surplus in the banks." Today such
a vast
- surplus exists, but only for the benefit of those with
- access to the privileged money-circulation loop.
-
- The elite-serving media denies that the middle class
- is hurting. The truth is the upper income groups have
had
- great growth in income and wealth accumulation, the poor
- are slightly better off (except for their prospects
- of entering the middle class someday), but the middle
- has been hollowed out. Real wages of the middle class
are
- dropping in the Clinton "boom." Think of the
manufacturing
- jobs (the "elite of the blue collar" jobs)
gone to China.
- Think of the middle-management jobs eaten up by mergers
and
- downsizing (increasing monopolistic concentration of
firms).
- Think of the Ph.D.'s driving cabs. Think of the burger-flipping
- jobs awaiting college graduates. Think of the small businesses
- that have vanished due to Wal Mart and a middle class
that
- can no longer afford their advantages. Think
- of the designer tee-shirts that pass for fashion. (It
is
- amazing how the servitors of the Establishment can conceal
- our own impoverishment from us. (Kids today have no clue
- how good it once was for the typical person). And the
- gains of the poor are not moves towards the middle class
- but toward greater dependency: more transfer payments
- (the result of vote buying) and benefits at the expense
- of middle-class, not fat-cat,
- taxpayers. (A good example of the deception is the way
- legislators call an increase in the minimum wage "middle-class
- legislation."--unless the middle-class teens on
their first
- jobs are all the middle class they are talking about)--the
- minimum wage increases ruin small-business restaurants
- for example. The point is, that is small potatoes as
help
- for the middle class.
-
-
- There is an identity recognized by all economists
- which can be simply stated as
- MV = PQ.
- Which means that the money exchanging hands in a year
- (MV) equals the total of receipts for goods and services
(PQ).
- M= money supply, V=velocity,
- P=price of goods and services.
- Q equals the goods and services purchased.
- (P can be thought of as an average or index or, or a
mathematical
- vector and so can Q). Now velocity (V) is fairly constant
due
- to institutional factors such as: 1)the fact that we
are usually
- paid every two weeks or every month; 2)that we usually
receive
- government transfer payments every month etc.--so if
EVERYONE
- was paid every month V would equal 12,
- get it?)
- But if V is constant than MV = PQ means PQ is a function
- of money supply (M) alone.. But a change in M can affect
- either P (meaning inflation or deflation) or Q (meaning
- more or less economic pie, a change in the standard of
- living as measured by consumption of goods and services).
- If M has been shrinking we must have either deflation
- (P goes down) or people ending up worse off (Q goes down).
-
- Now the question is: Should the Federal Reserve use M1
- as the money supply it watches or one of the wide-transactions
- definitions, M2 or M3, the equation MV = PQ?
- Milton Friedman suggested and argued for M1 and Greenspan
- says he "sometimes" looks at M2, but has definitely
stopped
- monitoring M1. But if M1 is all that a large segment
- of the economy (the middle class) ever cycles through
its
- household and if that M1 is contracting then these
- households are either experiencing deflation or a fall
- in their standard of living. (You'd better read that
again.)
-
- But prices ARE holding steady. Then the middle class
- must be loosing in goods and services, since in MV =
PQ
- both V and P are relatively constant and M (here M1)
has fallen.
-
- The lower middle class only have M1 (far from being
- financial asset holders, over 51 percent of American
- households have 0 or negative net wealth; (due to
- mortgage, consumer debt etc. think of the
- rise in bankruptcies.)
-
- (By the way, the advent of electronic banking does nothing
- to alter this picture--accept insofar as the banks offering
- the online banking are the banks most likely to send
the
- money electronically deposited as investment capital
to
- China to build giant factories manned by new-coolie labor.
- The profits generated by this move never filters down
to
- the "lower loop" to fertilize local American
business
- enterprise. Our "savings for the future" takes
away our
- capacity to earn what it takes to buy those goods that
- line Wal Mart shelves.
-
- Now as for my contention that M1 is middle class life
- blood here is a list of different components that go
- into this complex reality we are calling M (money supply)
- and that economists use to distinguish definition M1
and
- broader definition M2.
-
-
- 1. Currency (outside the Fed and the reserve deposits
- of banks because they never circulate)
-
- 2. Traveler's checks
-
- 3. Demand deposits ( checking accounts; created when
- banks S & L's etc. make loans)
-
- 4. ATS checkable deposits
-
- 5. NOW accounts
-
- 6. Credit Union share draft accounts
-
- All of the above are M1, the familiar "spending
money" of the economy. But
- there are other liquid assets that function as money
in MV = PQ. Let's go
- on:
-
- 7. Savings deposits
-
- 8. Money market deposit accounts
-
- 9. Small-denomination time deposits
-
- 10. General Purpose Money Market Mutual Funds
-
- 11. Overnight Eurodollar deposits issued to US residents
- from foreign US banks
-
- and most critical to my argument:
-
- 12. overnight (and continuing contract) repurchase agreements:
- component of M that has displaced M1 money in the overall
economy.
- --but these non-M1 monies circulates in the corporate
and
- financial realms of Wall Street in Middle America. town--and
- when it is spent it is spent on new factories in china
or a
- new Wal mart that will put Ma and Pa stores of your home
town
- OUT OF BUSINESS. (Ma and Pa spend their profits in your
town;
- Wal Mart sends its profits to Arkansas. Get it? The Waltons
- (billionaires) get the profits that used to go to middle-class
- mom and pop. (Ma can be seen today offering you free
samples
- of cheese spread as an employee of Wal Mart.)
-
-
- MV =PQ is an always-true identity called
- "The Equation of Exchange" but when you assume
that V is constant
- it becomes "The Quantity Theory of Money."
-
- As for you Keynesians, (I'll bet of the ten people that
read this
- post have used Samuelson's textbook in college.
-
- To convert my Marshallian analysis (Keynes was a pupil
of
- Alfred Marshal) to the Keynesian framework, merely mark
the
- dollars spent in a year, i.e., MV, according to whether
they
- were spent by consumers, by by investing
- businesses, or by government, and MV is thus redefined
as
- C + I + G. And you have the simple Keynesian model:
- PQ = C + I + G
- This slight of hand trick by Keynes enabled him to confuse
people
- and conceal the real role of money. Thanks to Keynes,
now when you
- want to increase Q you merely goose government spending,
G.
- And when you want to fight inflation you merely reduce
C
- (through taxation of consumer income).
-
-
- Future standards of living are based on present investment.
- The savings (foregone consumption) allows the investment
to
- take place.
-
- I'm distinguishing between middle-class enhancing investment
- (Ma and Pa's business) vs. that billionaire who built
the
- sneaker factory in China and Vietnam. (Much profit to
- him--lost wages to the American shoe factory workers--ignoring
- the national security ramifications not relevant to my
explanation.).
-
- Well, today the M1 money supply is being contracted,
but
- you do not hear about it. The Wall Street Journal does
not
- regularly report M1 (although the superior Investor's
Business Daily
- does) and when it does it does not do so prominently.
-
-
- The shrinking of M1 is a great secret (known only to
economists
- and others who have reason to consult the statistics).
During
- the chairmanship of Greenspan the FED started tracking
M2 and
- M3 and interest rates, i.e., the money the corporate
and
- International (Eurodollar) loops circulate--the money
that
- never touches the wage earner or the small businessman
of
- the middle-class loop. The interest rates of course,
- the per year "prices" of loanable funds are
of course of
- importance to the bond-holding Establishment, Greenspan's
- number one constituency and concern.
-
- ... In the old days we had inflationary boom and then
- bust for the entire U.S. economy. Now we have ongoing
boom
- for the corporate and international (elite loop) transactors
- and perpetual bust for the domestic little-guy transactors
- (let's call it the "schmo loop"), you and me.
-
- From the Nation and Rolling Stone to Human Events and
- Readers Digest, to current economics text books, the
- verdict has been in: we are loosing the middle class.
-
- As the middle-class small firm alternative jobs dry up
- and all that is left is working for the oligopolist/oligopsonist
- firms of the Post-Industrial State, in the new "Service
Economy"
- (read Servant Economy.)
-
- If anyone wishes to comment on this on this ng, please
e-mail me at
- <http://groups.yahoo.com/group/frameup/post?postID=JYt2kPCgcCKYzgP-Q0tr7viIhV7_jHMKUVI
mRCnMWoayy_voLwiw0STv1TYsnwjiCLBBb1HLvRs>
- deastman@ewa.net so I can see what you have to say
and maybe respond.
-
- I am not interested in discussing your investments opportunities.
-
- Dick Eastman
- Yakima
- U.S.A.
- Every man is responsible for EVERY other man
-
- Here is another article I wrote in 1999 -- I've
always considered it my finest -- it is my first -- making the point
about moneyed elites and not overpopulation being the root of our problem.
-
-
- When a man looks at the condition of his countrymen today
it is not obvious how much better the world would have been without the
planetary disease of finance globalism. We can not see the cost that our
deviant ruling elites have inflicted upon the households of this planet.
This essay is intended to partially remedy that blindness.
-
-
- YOU SAY THE BILLIONAIRES HAVE STOLEN YOUR FUTURE?
-
-
- By Dick Eastman
-
- It is a bitter pill for middle-class baby boomers
that their parents are dying without seeing the fabulous future which they
once reasonably expected would emerge, certainly by now, from their years
of collective sacrifice and toil.
-
- No one can deny that some marvels have been developed
more or less as predicted fifty years ago. Consider, for example, the
ease, speed and reliability with which computers gain access to incredibly
informative websites and newsgroups . Nevertheless, one need only peruse
a few old magazines to see how very far today's world falls short of the
old prospective "World of Tomorrow" our parents and grandparents
were living to see.
-
- Pick up a 1968 edition of McCall's magazine and
you will find the entry form for a chance to win a voucher for an all-expense-paid
trip to the moon with first-class lunar hotel accommodations, redeemable
in 2001. Open a 1950's copy of Forbes and read John von Neumann predicting
that by 1980 all power likely would be virtually costless and that by
2000 the weather would be scientifically tamed for the benefit of farmers
everywhere--not bothering to consider the use international commodity
speculators might make of such technology if they secretly got it first.
Gaze at the fascinating cover art of an old issue of Popular Mechanics
and read the caption: "Robots will be Waiting on You by 1970."
Finally--if the poignancy is not already too much--peer into a 1966 issue
of American Home and find the following:
-
- "By the turn of the next century only 10 percent
- of us will be engaged in 'work.' The computer
- and automation will relieve us of drudgery and
- allow 90 percent to spend time on whatever pleases
- them. The machines will do the work, create the
- wealth which will allow every family to follow
the
- leisure path.
- "...the computer-financed economy will provide
- families with a guaranteed annual income, with
- cash to buy their own computer system.
-
- "...One expert has predicted, 'With the machines
- taking on the tasks that now that now consume all
- but a fragment of our days, we will be free to
- undertake completely new tasks, most of them
- directed to perfecting ourselves, creating beauty,
- understanding one another better.'"
-
- "Certainly opportunities for further education,
- development of talents in art, music, design,
- writing, will proliferate. The home-centered
- skills--gardening, cooking, sewing--will be
- approached not as make-work but as great works.
- ...We will want to create our own art forms
- and become artists at home."
-
-
- How tragic that the average American adult today
has 30 percent less leisure time than the day those words were written;
that at this moment millions of people, too tired and otherwise constrained
to enjoy once normal social lives, fill their spare minutes with autistic
sexuality (catch the euphemism here) fanned by curvacious pattens flashing
on cathode-ray tubes or by hot-button words carried over Alexander Graham
Bell's somewhat older invention, as the controlling few rake in the cash.
The mind simply boggles at this and plentiful other evidence of the
gigantic larceny that, blasting all dreams of futurity, has plunged the
world's middle classes into today's debt-slavery backwash; the predictably
non-utopian result of trying to tread standard-of-living water in foredoomed
labor-service competition with the throw-away New Coolies of the billionaires'
'global plantation.'
-
- How is it that we have inherited this world that
we never wanted, a world more resembling C.M. Kornbluth's vision (in his
1953 novel, The Syndic) of a society shaped and directed by organized-crime
and aiming only at affording maximum individual sovereignty to its "friends?"
('Individual sovereignty' is Lord Rees-Mogg's honorific term for the liberty
of billionaires no longer bridled by governments of the people, by the
people,... etc.) What happened?
-
-
- Ironically enough, it was H.G. Wells, the twentieth
century's leading apostle of Mankind's potential for a limitless future,
who 50 years ago fully answered that question. During the first half of
this century he assiduously championed the idea of 'putting things in order'
for the speedy attainment of a highly desirable worldwide scientific utopia.
But Wells was also a well-connected and astute more-populist-than-Fabian
social critic and the first popularizer of nonchauvinistic history from
a species perspective, a vantage point from which he eventually came to
see the darker fate overtaking his civilization. His last two books, are,
unfortunately, his most prophetic.
-
-
- In his 1939 book, The Future of Man (in the USA;
it is The Future of Homo Sapiens elsewhere), Wells explained how the Anglo-American
elites had recently grabbed the reigns of the collapsing liberalized world
order of his time--that great, good, but never-fully perfected achievement
of nineteenth-century optimism and good will-- and did so for their own
self-serving-and-to-hell-with-everyone-else ends:
-
-
- "The disintegrating British Empire is now,
one has to
- recognize, a system of government almost completely
- out of popular control. Practically it has undergone
- a reactionary revolution in the last decade, and
a
- loose-knit combination of court, church, army and
- wealth, intensely class conscience, intensely
- self-protective, has resumed control of affairs.
It
- is an oligarchy skillful in assimilation of useful
- or formidable individuals but without the slightest
- disposition to amalgamate with anything else on
- earth. Its ruling motive is fear of dispossession.
- Decisions of peace and war are made without
- consulting any surviving popular will, and the
- whole capitalist press, the cinema, the radio
- and indeed all possible means of influencing
- opinion, concentrate upon the assertion of the
- rightness and inevitableness of these decisions.
- Dissent is a muffled and ineffective squeaking,
- and any inconvenient facts are kept from the
- public by requests for suppression that are in
- effect commands."
-
-
- Such a development, spells death to any hope of
the majority of mankind to live any kind of rewarding personal-achievement
oriented middle-class life. In his last book, Mind at the End of its Tether
(1945), Wells 'signs off' with these words:
-
- "Homo Sapiens in his present form is played
out. The
- stars in their courses have turned against him
and he
- has to give place to some other animal better adopted
- to face the fate that closes in more swiftly upon
- mankind. ...The cinema sheet (i.e., screen --DE)
stares
- us in the face... Our loves, our hates, our wars
and
- battles are no more than phantasmagoria dancing
on
- that fabric, themselves as unsubstantiated as a
dream.
- ...There is no way through the impasse. It will
be
- the Dark Ages over again, a planetary instead of
a
- European Dark Ages. ...Mankind, which began in
a
- cave and behind a windbreak, will end in the
- disease-soaked ruins of a slum."
-
-
- The point of the present essay is not, as Well's
final words might suggest, that we give up and trust fabled space aliens
to genetically engineer mankind's more-promising replacement. Nor is it
that we must avenge our betrayed parents by killing off the billionaires,
as not a few today doubtless privately contemplate. Rather, we must attack
the root of why our future was lost and do what must be done to get it
back again. To that end I conclude with these words, written at about
the same time as those of Well's above, the creed of a little man who
excelled even Wells as a true friend of mankind's future:
-
- "Exploitation of the poor can be extinguished
not by
- effecting the destruction of a few millionaires,
but
- by removing the ignorance of the poor and teaching
- them to non-cooperate with their exploiters."
-
- "The moment the slave resolves that he will
no
- longer be a slave, his fetters fall. He frees
- himself and shows the way to others. Freedom
- and slavery are mental states. Therefore the
- first thing is to say to yourself, 'I shall no
- longer accept the role of a slave. I shall not
- obey orders as such but shall disobey when they
- are in conflict with my conscience.O The
- so-called master may lash you and try to force
- you to serve him. You may say, "No, I will
not
- serve you for your money or under threat."
This
- may mean suffering. Your readiness to suffer will
- light the torch of freedom which will never be
put
- out."
-
- Certainly there is unfailing hope for a future in that.
-
- Dick Eastman
- Yakima, Washington
-
- Every man is responsible to every other man.
-
-
-
- ----- Original Message -----
-
-
-
- From: Dick Eastman
- To: Israel Shamir ;
- Sent: Saturday, October 23, 2004 11:18 AM
- Subject: Re: selling soil?
-
-
- There are two causes of declining population 1) social
or natural disaster; 2) transformation to middle class culture with higher
standard of living, middle class values (misnamed, perhaps, by Max Weber,
the protestant ethic), education, moving from the farm or corrupt economies
where offspring are substitutes for farm equipment and family is the only
"others" you can trust.
-
-
- The Rockefellers and other Malthusian-eugenicists believe
starting war and plagues is serving nature -- they do not realize the
potential of a free man in free association with other free men who have control
of some capital is an asset that far outweighs his "eater"
characteristics -- only the aristocratic mind-set views human population
as a liability -- starves them of capital and surplus above subsistence
so they will not breed away the beautiful planet, and creates plagues
(got flu?), weather disasters (got chemtrails), and wars (got trade towers?)
and economic depressions (got Federal Reserve and investment banks?) --
they pen the surplus in slums and hold them there with the welfare state,
with closed off "government lands in the US west), with starvation
of invesment capital in the hand of small people, with tight money that
creates inescapably a debt slavery society -- BUT IT IS THE RULING MALTHUSIAN
ELITES WITH THEIR SPURIOUS DOCTRINES OF "SUSTAINABILITY" AND
"OVERPOPULATION" WHO HAVE ENGINEERED ON PURPOSE THE FAILURE OF
THE EARTH -- WHO HAVE BOUGHT UP AND LOCKED AWAY PATENTS THAT WOULD HAVE
GIVEN US THE ATTRACTIVE WORLD THAT WAS ENVISIONED WHEN I WAS A BOY IN THE
1950'S. R. Buckminster Fuller and even Lyndon LaRouche have pointed to
things that are possible with doing more with less -- if we apply mankinds
gift of intelligence with free gain of knowledge and removal of barriers
to application of the innovations people discover.
-
-
- The importation of cheap labor, even doctors and technicians
from globalist India, is merely a species of middle-class sabotage. There
cannot be an upper class if a middle class non-servant-economy option is
offered to every heard working sober man. To fill a large house with servants
a nice house for a free man must be made unavailable etc. Unemployment
is necessary to destroy bidding power of labor -- to create a buyers market
etc. Outsourcing to places abroad and 'dumbing-down' the wage here are
essentially the same tactic. In the US the elite favors immigration over
encouraging births here, because births to traditionally middle class families
would keep the middle-class values alive -- and they want all that dead
-- thus abortion, and the all-out encouragment of divorce, promiscuity
with birth control, AIDs fear, alternative lifestyles etc. -- these are
not choiced but socially conditioned deformities of the culture that the
deviant elites would destroy.
-
-
- I really do believe this and have believed if for a long
time -- and I see support of it nearly every day in the news developments
I pass around each day.
-
-
- Dick Eastman
- Yakima, Washington
-
-
- Every man is responsible to every other man.
-
-
|
