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Getting Rid of Capitalism
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Capitalist Terrorism
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"US corporations took in $1.659 trillion in the third quarter [of 2010], breaking records going back 60 years, according to a Commerce Department report. . . On November 30, five days after the Thanksgiving holiday, unemployment benefits will expire for 1.2 million workers due to Congressional inaction. By Christmas and the New Year, this figure will swell to 2 million. The fate of these workers and the several million children who depend on them, tossed out without cash income into the worst job market in seven decades, is of little consequence to the millionaires and multi-millionaires who populate Congress."
Source
A new study shows members of Congress saw a boost in personal wealth as the U.S. economy suffered the worst of the economic recession. According to the Center for Responsive Politics, lawmakers' personal wealth increased an average of 16 percent between 2008 and 2009. The number of millionaires rose to 261, nearly half the total members of Congress. The median wealth of a House member topped $765,000, while the average for a senator was more than $2.3 million.
This very day the enemy class will:
Returning American veterans are committing suicide at the rate of 120 a week, a CBS investigation revealed on 11/15/07; the toll of military suicides in 2009 was the worst since records began to be kept in 1980.
Of the 1.6 million Iraq and Afghanistan veterans, 38% of Army and 50% of National Guard service members have been diagnosed with mental illness. (2007 Pentagon report)
One out of every 4 American veterans is now homeless!
7. Perpetuate the economic dictatorship of the Federal Reserve System as the financial arm of the demonic cabal.
8. Persist in the strategy of reaping huge profits from illegal wars.
Why don't working-class people recognize that they're being murdered by the criminal cabal that seized power in 2000 and retained control through election fraud in 2002 and 2004? Because most American citizens' minds have been destroyed through brainwashing, propaganda and subversion of education so
Neocons and their Democratic party co-conspirator members of the enemy class like to claim that a term such as "class warfare" is only used by those they brand as unpatriotic, extremist liberals, with the implication that ordinary Americans don't believe there is a class war.
The fat-cats don't like people using phrases like "class warfare," because it makes too apparent the decimation of the working class by the vulture capitalists. On February 17, 2008, a Washington Post editorial said: "We thought we'd heard the last of class warfare and populism when former North Carolina senator John Edwards bowed out of the [presidential] race." Barack Obama and Hillary Clinton found it expedient--given the unacknowledged economic depression staring the working class in the face--to try to sound like progressives, pretending to be defenders of people facing home foreclosure and unemployment. Fortunately, there are also genuine progressives courageous enough to speak of the reality of class warfare in America and throughout the world.
The cabal would like American workers to believe that "race war" is the only "war" raging in America--that there is no "class warfare" whatsoever going on. Unfortunately, treasonous members of all minorities--including racial minorities--have joined with the capitalist class in open battle against workers of their own minority groupings.
Though working-class Americans are somewhat awakening to the fact that they're being destroyed by the vulture class, there is still no genuine understanding as to what they must do. Many are still allowing themselves to be taken in by the cabal myth that we have a genuine two-party system.
At least since the American presidential election of 1868, the financiers who've ruled this country have hand-picked the presidential candidates in both the Democratic and Republican parties most of the time (Franklin D. Roosevelt and John F. Kennedy were two notable exceptions).
Whichever party wins, they have their puppet in power.
The entire federal government--with very few exceptions, such as Bernie Sanders--is controlled by the plutocratic junta that is trying to destroy working-class Americans.
The takeover of the American government by a plutocratic elite occurred during the Constitutional Convention conspiracy in 1787. Of the fifty-six men who had signed the Declaration of Independence in 1776, only six of those attended the Federal Convention in Philadelphia where the specially selected delegates secretly concocted a plutocratic structure of government.
Exactly the same economic conditions that exist now in 2011 were present in America in the early decades of the twentieth century. Given the Robber Baron environment, the nation was just waiting for a financial catastrophe.
You might think that such an honest, straightforward arraignment of the FED's blunder would have been written by a socialist extremist. It was actually penned by Alan Greenspan and appeared in Ayn Rand's journal, "The Objectivist."
After the FED's 1920s abortive attempt to save the vulture capitalists from their own excesses, the 1929 Stock Market Crash burst on the scene. Since the FED's efforts to save them had failed, the economic power-brokers and financial institutions were forced to face the horrible monetary predicament
they had created through their illegal conspiracies, non-transparent commercial dealings, and monopolistic practices. The American people recognized that the Great Depression had been brought on by the lack of regulation of predatory capitalism, so they set up agencies such as the Securities and Exchange Commission and put control ordinances into place.
You can see just how completely conditions have changed if you look carefully at the recent housing bubble and its foreclosure aftermath, beginning in 2001 and still being played out today. All the regulations that were put into place in the New Deal era have been slowly eroded until now the financial looters have completely free rein to plunder hapless investors and consumers. So, when US banks, hedge funds, and financial institutions recognized in early 2007 that they were in trouble because of their predatory practices, the Federal Reserve System bailed them out to the tune of over $72 billion.
Over the past three decades, the Federal Reserve has created a series of liquidity 6 bubbles:
In response to the 2007 world economic crisis caused by real estate mortgage scams of diverse kinds, are hapless private investors being assisted in their foreclosure crises? Fogeddaboudid! Central Banks in the US, Japan and the European Union have poured over $20 trillion into private banks hoping to save financial institutions caught in the housing bubble/subprime mortgage scam and provide new liquidity. But the banks won't fund totally non-transparent real estate investment instruments,
Greenspan is pretending that the Fed is attempting to rein in excess liquidity once they recognize the error of their ways. However, Ben Bernanke, the new FED chief, says he sees "reining in" as a mistake and that he will never restrict liquidity. All he will do is print more dollars and bailout the banks, hedge funds, and financial institutions, dropping the money from helicopters.
All the current criminal excesses of the financial markets are precisely the same as those of the 1920s, as Robert Kuttner made clear in his testimony before the House Committee on Financial Services, on October 2, 2007.
The vulture capitalists are beginning to realize that worldwide conditions of economic anarchy and corruption may soon wake people up and lead to their demanding regulation of financial institutions to stop their cannibalistic practices.
"The current financial crisis is a wake-up call for
Roach and the other predator capitalists realize the danger of "imprudent intervention of politicians, undermining the all-important political independence of central banks." So, instead of allowing things to get out of their control--as in 1929--they'll do everything they can to retain their "independence"-- unfettered power to continue their cannibalistic carnage.
In their efforts to retain power no matter how bad conditions get, we have to be ready for any calamity or con-game, such as the current ObaMessiah scam.
Our first offensive in the ongoing class war is to arm ourselves with deep understanding of what's going on in the world and throw off the stupefying myths and delusions that predator capitalists have encouraged us to swallow. Contrary to their propaganda, Robber Baron capitalism is NOT the only economic system available to us. We don't have to accept vulture capitalism as part of the fabric of reality.
We must face the hard realities of our present world, no longer buying into such illusions as "the invisible hand of the market" or "we must wage a continuing war against terrorism." Armed with penetrating comprehension of the forces at work in our world, we must begin a potent and dynamic offensive against those who are murdering us: the lawless plutocratic monsters who have seized control of world political and economic systems.
"We cannot understand the role of the people in history unless we also understand the historical illusions which misrepresent history in order to serve the interests of privileged classes. Thus culture must be studied as a weapon in the struggle of classes.
"Cultural history emerges in its truth and grandeur when it is seen as an unceasing struggle between the oppressor and the oppressed. This is also the link between the present and the past. The long battle against the oppressor is not ended. Man has not yet become the full master of his own life, of the conditions of his social existence.
As we've seen, we cannot depend on the Democratic Party in our struggle against oppression--since most Democratic leaders are members of the oppressor class. Whereas in earlier decades we could look to labor unions as allies in our struggle, We must understand that the state is the mechanism the ruling class uses to maintain its monopoly of violence (police, military, economic, propaganda) over the working class. Every contemporary government in the world--with the partial exception of Chavez's Venezuelan government--is a repressive apparatus defending capitalist property relations. Contemporary states are not socially, politically, or economically neutral institutions or tools that the working class can use to better themselves. The day when we could expect a Franklin Delano Roosevelt to appear as the head of our state and bring in genuine populist reforms is long gone. Like it or not, we must recognize that electoral politics is a psychologically sophisticated scam deluding voters into thinking they have a real say in how they're governed within the fantasy of a two-party system. In the present police state environment in America, the supposed right to vote is intended to keep us mystified, divided, and passive, and is amazingly effective in keeping us from taking effective action against capitalist predators.
Having a common enemy doesn't mysteriously create a united front. Every day in Congress, plutocratic leaders of both parties promote or vote for tax breaks for the rich or billions more for war profiteering corporations, while at the same time cut programs for working families like insurance for poor children, student loans, food stamps, veterans benefits, home heating programs for the elderly, Medicaid and Medicare. But the victims of these predatory programs do not automatically form into a united phalanx to do battle against the capitalist class.
In July, 2010, a brouhaha errupted when a federal civil servant--Shirley Sherrod--revealed in a public video that she had awakened to the fact that the problem in America is not white versus black but rich versus poor.
Right-wing reactionaries jumped on her, claiming that she had said she deliberately refused to help a white person in the course of her duties. Because of this, the Obama administration fired her. When the full video was played, it was clear that she had said just the opposite. The Neanderthals had attacked her for being very clear about class warfare in America! The Obama junta was forced to offer her job back to her.
As we participate in the perennial struggle of the truth against ignorance, we can't allow the accident of our birth in the working class to define us. As we've seen, being a member of the laboring class or one of the oppressed does not, in itself, create class solidarity. Genuine group cohesiveness can only be created by intentional allegiance to common values and common goals.
If our ongoing warfare against ignorance and oppression is to result in a
genuine commonwealth where the good of all members is served, we'll have to take the long view and begin working toward entirely new institutions and structures. We must see ourselves as members of a new class; not just workers opposed to capitalists, not just the oppressed against the oppressors, but those engaged in lifelong personal self-transformation and seeking ultimate Higher Awareness.
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1 I'm distinguishing the class of the "rich" as those who make more that $250,000 per year or whose assets total above 1$ billion. If you're in that "class," you won't find this essay of interest. If you're not in that class, you may still consider yourself "rich" if you make more than say $150,000 per year. However, you should be aware that persons outside the "rich class" as designated here have historically and recently been clear victims of the billionaire class--as in the current home foreclosure cannibalism in which even millionaires became "sacrificial animals."
2 Unlike the first Americans who fought militarily to win their freedom against British oppression, it would be idiotic to use violence in our present struggle in this class war. The demonic cabal (a group of wealthy thugs) controls armed violence (military, intelligence agencies, police) in the United States. And, as we've seen in such foreign incursions as Afghanistan, Iraq, Kosovo, the Persian Gulf and Panama and domestic incursions such as Waco and Ruby Ridge, it doesn't hesitate to use violence against anyone it brands as an enemy. Individual attacks against the power structure are not only futile but against the very principles of our class struggle for an improved social order.
3 Nick Beams, "The historic decline of the United States and the eruption of militarism," The World Socialist Web Site, WSWS.Org, 2/12/07
5 Federal Reserve System: the creation of a
cabal conspiracy in 1913
6 Liquidity: Funds made available through the FED lowering interest rates for borrowing money or outright loaning of money to financial institutions during moments of crisis
7 A recent study by Harvard labor economist Richard Freeman shows that the integration of China and the former Soviet Union into the world labor market has resulted in the global labor force available to capital increasing from about 1.46 billion to around 2.93 billion.
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