Most Popular Choices
Share on Facebook 162 Printer Friendly Page More Sharing Summarizing
OpEdNews Op Eds    H2'ed 7/6/15  

Economic Democracy vs Bankster Plutocracy

By       (Page 6 of 8 pages) Become a premium member to see this article and all articles as one long page.   44 comments

Derryl Hermanutz
Message Derryl Hermanutz
Become a Fan
  (51 fans)

The "political" opposition to social-economic democracy is neo-conquistadores wielding weaponized dollars and calling themselves free market capitalists; which we see today in Venezuela. And in the USA, for that matter. The opponents of economic democracy want to grasp ownership of the nation as their private property, and operate it to benefit themselves to the exclusion of the majority people. A nation that "democratically elects" its government is saturated with plutocrat-owned mass media and academic-professional propaganda to convince the brainwashed masses to elect Money-serving tyrants instead of social-economic democrats.

Gaddafi didn't let that coyote into his henhouse. Gaddafi served Libya as a social democrat, but he wasn't democratically "elected". So Gaddafi was cast as a "brutal dictator": by the servants of Money, the enemies of humanism, the lovers of aristocratic privilege and the haters of economic democracy.

If you doubt the brainwashing power of plutocrat-owned academia and mass media, consider: before you read the "16 Things..." above, what did you -- as the democratic electors of America's government -- believe about Gaddafi and Libya? The truth? Or the opposite of the truth? Did your democratic capitalist institutions ensure you were well-provided with true information? Or did they do their best to ensure you were brainwashed with lying propaganda? As progressive bloggers you are a knowledge elite who actively seek out truth; you are not a good "representative" sample population. What do your network-news and Hollywood blockbuster neighbors believe about Libya and Gaddafi? The humanist socialist reality? Or the manufactured fiction of tyrannical dictatorship?

Gaddafi was not the twelfth imam or Jesus Christ returned. I only present the social-economic benefits his government managed to bestow upon the Libyan people -- in direct defiance of the neo-feudal agenda of the international money powers -- as a real world case study in a government exercising monetary sovereignty over its own national currency issuance and allocation. Compared to some ideal of a moral saint, Gaddafi's star would dim. Compared to your government, Gaddafi was a brilliant success as a social benefactor and a humanist.

Commentor Michael Stowell explained why Gaddafi had to be taken down,

"Gaddafi was okay with the transnational private bankers and their minions as long as he abided by the 'petrodollar' agreement and sold Libyan oil for dollars only. When he changed course and sold oil for any and all currency he cut the transnational private bankers out of the currency exchange fees. He also had much support throughout Africa for an African Union that would share the same currency, the gold dinar, and a trade agreement that would have cut out capitalist private banking. Libya had a publicly-owned central bank, a socialist model, and was opening public banking to all of Africa.

The transnational private banking system controls the flow of currency around the world, in all but a few countries, and the private bankers have no allegiance to any country. In the Middle East an arrangement has been made, called the "petrodollar," whereby the Saudis must honor oil sales only in US dollar transactions, necessitating currency exchange by any country with currency other than the dollar (from which the transnational private bankers profit); The House of Saud also agrees to recycle its wealth through New York/London-based transnational private banks, so as to support the global private banking system and thus enable the funding of vast loan portfolios for Western usage. In exchange, the House of Saud is provided with vast military weaponry at reduced or negligible cost in order to secure their grip of power and to keep stability in Saudi Arabia and the Persian Gulf region. Profits are gleaned from the sales and use of both weapons and oil as long as the energy market is stable.

In July of 2011, the oil ministers of Iraq, Iran and Syria signed a preliminary agreement for a $10 billion natural-gas pipeline deal, that's two years ago and most of the Iraqi and Iranian part of the project is complete and if completed it will have a transfer capacity of 110 million cubic meters of natural gas each day. The natural gas pipeline from Iran through Iraq and Syria, in conjunction with the existing Russian gas pipelines, will shift the energy market away from oil - oil can't compete with natural gas - and the owners and financers of these gas pipelines are not private bankers. So it is the Saudi royal family that will take the biggest hit and, consequently, the petrodollar and all the transnational private money-changers that treasure it -- and subsequently, the U.S. economy." [end of quote]

Next Page  1  |  2  |  3  |  4  |  5  |  6  |  7  |  8

(Note: You can view every article as one long page if you sign up as an Advocate Member, or higher).

Well Said 10   Must Read 9   Valuable 6  
Rate It | View Ratings

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...)
 

Go To Commenting
The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.
Writers Guidelines

 
Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Support OpEdNews

OpEdNews depends upon can't survive without your help.

If you value this article and the work of OpEdNews, please either Donate or Purchase a premium membership.

STAY IN THE KNOW
If you've enjoyed this, sign up for our daily or weekly newsletter to get lots of great progressive content.
Daily Weekly     OpEd News Newsletter

Name
Email
   (Opens new browser window)
 

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Free Enterprise vs Corporatism

Banksters vs Humanity: Round 14

Size Matters: Local Democracy vs. Global Plutocracy

The Physics of Spirit

Economic Democracy vs Bankster Plutocracy

Corporations are not free market enterprises

To View Comments or Join the Conversation:

Tell A Friend