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OpEdNews Op Eds    H4'ed 4/8/13

Neoliberalism

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Message Derryl Hermanutz
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Already by the 1870s Pettigrew was calling America what it had become: a plutocratic empire.   But America's corporatized owners and rulers have successfully convinced the American people that they still live in the early 18th century free market republic of rugged individuals envisioned by Thomas Jefferson.   America's wealth and people were simply the first victims of plutocratic surreptitious conquest by the new Wall St money powers, descended from the old Frankfurt and City of London money powers who own and operate Europe.   Bankers, not governments, create and allocate the nations' money.   And money buys the world.

 

Or did you think the US$ and the euro money supplies are issued by elected governments and controlled "democratically" to serve the interests of the people?   "Austerity" represses national economies and drives down tax revenues so the people and the governments are deprived of income to pay their private debts and bond debts.   The people and nations default, and the bankers foreclose and sell the collateral assets to vulture capital at bankruptcy sale prices.   The Fed and ECB create trillions of new dollars and euro to revivify their insolvent banking systems so the banks can lend money to the vultures.   Do you still believe these quasi-governmental financial institutions are trying to serve the interests of the nations?

 

You turned your head and blamed "banana republics" when ownership of the cumulative wealth built up by centuries of effort by nations of "Third World" people was being "privatized" and transferred into the hands of a few plutocrats, American heroes, titans of capitalism.   Who will you blame now that the same parties are doing the same thing to you, in your so-called "democratic developed nations"?

 

Bankers and their corporatist allies, not democratic governments, rule the "Western World".   If you are smart and lucky and ambitious and amoral enough you can get rich by serving the interests of Money.   This is called "meritocracy".   "Anyone" can get rich in America and join the plutocratic elite.   "Anyone" can become President, servant in chief of Money.   Doesn't that prove that we are free men and women?

 

 

*BIS is Bank for International Settlements, the central bankers' central bank located on its own plot of "sovereign" territory within the city of Basel, Switzerland.

 

 

 

This article began as a comment supporting Stephen Lendman's April 6 OEN article, "Permanent War: Longstanding US Policy".

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Derryl Hermanutz Social Media Pages: Facebook page url on login Profile not filled in       Twitter page url on login Profile not filled in       Linkedin page url on login Profile not filled in       Instagram page url on login Profile not filled in

I spent my working life as an independent small business owner/operator. My academic background is in philosophy and political economy. I began studying monetary systems and monetary history after the 1982 banking crash that was precipitated by (more...)
 

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