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S.M.J. Alt, JD's avatar

Your keen analysis and clever way of expressing it, is the best I have seen of all my fellow Stackers. Perhaps more historical perspectives are required to remind us "this too shall pass." The daily "f u" by a media and government designed to keep the masses on tilt is exhausting. Thank you for the brilliant, well-researched and well-connected commentaries for contemporary trials and worries. HUZZAH!

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Tereza Coraggio's avatar

You're once again reading my mind, Matt. This is the "unforeseen event" I mentioned in my last conversation with you, on why it may not matter by 2024 who's elected President of the US. Our destructive power, both military and economic, may be completely defanged. Let me read this again carefully and I'll respond more.

Addendum after re-reading (and I look forward to watching the video embeds when I have some cooking to do ;-)

This is exactly the history I've wanted to know more about. I'll add a couple of puzzle pieces from my book and things I learned later, I've forgotten where, so forgive me if I'm quoting you to you.

On Hitler: perhaps similar to Matt Taibbi's words on Putin, "We thought he was our bastard, but it turns out he's his own bastard." The German economic miracle, pre-expansion, wasn't just due to banker investments. When Hitler was a soldier, he was assigned to spy on the socialist party where he learned about the "American system" of credit creation put forward by William Jennings Bryan (who resigned as Wilson's VP because of his headlong rush into WWI, and ran twice on a 'free-silver' platform.) Hitler adopted it when he pushed back against the Reichsbank and rebuilt Germany's industrial and economic base back from the ashes. What happened to push him into conquest and retaliation against the Jews? This is a question that's been obscured under anti-Semitism claims, but there's a clue there somewhere.

On Roosevelt: The New Deal was a compromise response to The Great Depression, which would have been averted under WJB's populist plan. The Christmas Eve trick that ushered in the Fed should have been overturned when the trick was discovered. FDR didn't challenge it and so The New Deal kicked the can down the road. Banking isn't just A function of government, it's THE function of government. So having the post-Depression US "stand on its own two feet" without the support of gov't is nonsense. The purpose of gov't is to generate money to organize labor in the interests of whoever creates it. If that's banks, labor makes the rich richer. If that's gov't, labor serves the people.

Thanks for another brilliant article!

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