Vibrant competition is absolutely essential in order for a capitalist economic system to function effectively. Unfortunately, in the United States today we are witnessing the death of competition in industry after industry as the biggest corporations increasingly gobble up all of their competitors.
John D. Rockefeller famously once said that “competition is a sin”, and he was one of America’s very first oligopolists. According to Google, an oligopoly is “a state of limited competition, in which a market is shared by a small number of producers or sellers”, and that is a perfect description of the current state of affairs in many major industries. In early America, corporations were greatly limited in scope, and in most instances they were only supposed to exist temporarily. But today the largest corporations have become so huge that they literally dominate our entire society, and that is not good for any of us.
Just look at what is happening in the airline industry. When I was growing up, there were literally dozens of airlines, but now four major corporations control everything and they have been making gigantic profits…
AMERICA’S airlines used to be famous for two things: terrible service and worse finances. Today flyers still endure hidden fees, late flights, bruised knees, clapped-out fittings and sub-par food. Yet airlines now make juicy profits. Scheduled passenger airlines reported an after-tax net profit of $15.5bn in 2017, up from $14bn in 2016.
What is true of the airline industry is increasingly true of America’s economy. Profits have risen in most rich countries over the past ten years but the increase has been biggest for American firms. Coupled with an increasing concentration of ownership, this means the fruits of economic growth are being monopolised.
If you don’t like how an airline is treating you, in some cases you can choose to fly with someone else next time.
But as a recent Bloomberg article pointed out, that is becoming increasingly difficult to do…
United, for example, dominates many of the country’s largest airports. In Houston, United has around a 60 percent market share, in Newark 51 percent, in Washington Dulles 43 percent, in San Francisco 38 percent and in Chicago 31 percent. This situation is even more skewed for other airlines. For example, Delta has an 80 percent market share in Atlanta. For many routes, you simply have no choice.
And of course the airline industry is far from alone. In sector after sector, economic power is becoming concentrated in just a few hands.
For a moment, I would like you to consider these numbers…
Two corporations control 90 percent of the beer Americans drink.
Five banks control about half of the nation’s banking assets.
Many states have health insurance markets where the top two insurers have an 80 percent to 90 percent market share. For example, in Alabama one company, Blue Cross Blue Shield, has an 84 percent market share and in Hawaii it has 65 percent market share.
When it comes to high-speed Internet access, almost all markets are local monopolies; over 75 percent of households have no choice with only one provider.
Four players control the entire U.S. beef market and have carved up the country.
After two mergers this year, three companies will control 70 percent of the world’s pesticide market and 80 percent of the U.S. corn-seed market.
I knew that things were bad, but I didn’t know that they were that bad.
Capitalism works best when competition is maximized. In socialist systems, the government itself becomes a major player in the game, and that is never a desirable outcome. Instead, what we want is for the government to serve as a “referee” that enforces rules that encourage free and fair competition. Jonathan Tepper, the author of “The Myth of Capitalism: Monopolies and the Death of Competition”, made this point very well in an excerpt from his new book…
Capitalism is a game where competitors play by rules on which everyone agrees. The government is the referee, and just as you need a referee and a set of agreed rules for a good basketball game, you need rules to promote competition in the economy.
Left to their own devices, firms will use any available means to crush their rivals. Today, the state, as referee, has not enforced rules that would increase competition, and through regulatory capture has created rules that limit competition.
Our founders were very suspicious of large concentrations of power. That is why they wanted a very limited federal government, and that is also why they put substantial restrictions on corporate entities.
When power is greatly concentrated, most of the rewards tend to flow to the very top of the pyramid, and that is precisely what we have been witnessing. The following comes from the New York Times…
Even when economic growth has been decent, as it is now, most of the bounty has flowed to the top. Median weekly earnings have grown a miserly 0.1 percent a year since 1979. The typical American family today has a lower net worththan the typical family did 20 years ago. Life expectancy, shockingly, has fallen this decade.
So what is the solution?
Well, one of the big things that we need to do is to stop crushing small business.
In America today, the rate of small business creation has been hovering near all-time lows and the percentage of Americans that are working for themselves has been hovering near all-time lows.
In order for more competition to exist, we need more competitors to enter the marketplace, but instead we have been crushing “the little guy” with mountains of regulations and deeply oppressive taxes.
And you know what? Many of the big corporations actually like all of the red tape because they know that they can handle it much easier than their much smaller competitors can. That gives them a competitive advantage, and it creates a barrier to entry that is difficult to overcome.
When I was in school, I was taught that one of the reasons why the U.S. system was so much better than communist systems was because we had so many more choices.
But today our choices are very limited in industry after industry, and the gigantic corporate entities that dominate everything don’t really care if we like it or not.
Eugene de Blaas was an Italian painter in the school known as Academic Classicism.
He was born at Albano, near Rome, to Austrian parents. His father Karl, also a painter, was his teacher. The family moved to Venice when Karl became Professor at the Academy of Venice. He often painted scenes in Venice, but also portraits and religious paintings.
Among his works are La forma nuziale in sacrestia; La tombola in Campielo a Venezia; Una scena di burattini in un educanciatu; and La Ninetta. The art critic Luigi Chirtani, when the painting was displayed at the Mostra Nazionale di Venezia, described it as Beautiful, flattering, pretty, caressed, cleaned, polished, laundress in a painting by Mr. Blaas, the favorite portraitist of great Venetian aristocrats, dressed in gala satins, shining jewelry, hairstyles of the rich.
His colorful and rather theatrical period images of Venetian society, e.g. On the Balcony (1877; Private Collection), were quite different compared to delicate pastels and etchings of the courtyards, balcony and canals of modern Venice.
Eugene de Blaas' paintings were exhibited at the Royal Academy, Fine Art Society, New Gallery and Arthur Tooth and Sons Gallery in London, and also at the Walker Art Gallery in Liverpool.
Tens of thousands, and perhaps now even hundreds of thousands of doctors, nurses, and many other medical professionals worldwide are taking action to combat the misinformation being propagated by governments and government-controlled media that continue to publish false propaganda regarding COVID.
The vast majority of medical professionals worldwide now seem to agree that the COVID “pandemic” and the government actions still being implemented in response to COVID are causing much more harm than COVID itself.
Almost all of these doctors and medical professionals now seem to agree that COVID is no worse than a typical flu season, and the main test being used to supposedly test for COVID, the PCR Test, is not reliable.
All the Pagan gods became demons in Christianity because that's how you subvert and revised the competition which at that point, Christianity was going at war with, with zealous fervor.
The Latin name for Phosphorou was Lucifer.
How a Greek God Became the Devil in Christianity
Hey everyone, welcome to Mythology Explained. In today’s video we’re going to discuss how the modern conceptualization of the Devil in Christianity was inspired, both in appellation and in appearance, by Greek Gods. First, we’re going to look at how the Greek god Eospherous became the inspiration for one of the devil’s most infamous epithets; second, we’re going to cover how the Greek god Pan inspired the Devil’s horned, cloven-hoofed appearance; and lastly, we’re going to wrap up the video by diving into how the Devil became the incarnation of evil in the world.
Let’s get into it.
Known as Aurora to the Romans, Eos was the goddess of the dawn. She was the daughter of the first-generation titans Hyperion, a solar deity, and Theia, whose sphere of influence included sight and blue sky, and thus was herself a second-generation titan. Helios, the sun, was her brother, and Selene, the moon, was her sister. Many mortals caught her eye, and she wasn’t above abducting them, taking a page out of Zeus’ book on several occasions. One was Orion, the giant, incredibly handsome master hunter who was set in the sky as a constellation after his death. Another, Tithonus, Greek mythology’s version of Methuselah, the longest lived man in the bible, was cursed with the torturous combination of immortality without agelessness. Eos’ first consort was Astraeus, the titan-god of stars, planets, and astrology, and together, they produced a multitude of children, including: the wind gods Notus, god of the South wind, Boreas, god of the North wind, and Zephyr, god of the West wind, and all of the stars of heaven.
One of these stars was Phosphorus, also called Heosphorus and Eosphorus. He was the personification of the morning star, which was the planet Venus as it sparkled in the sky before sunrise. The Latin name for Phosphorus was Lucifer, the name the morning star wasknown by to the Romans. And this, of course, begs the question: how did the Roman name for the morning star become one of the Devil’s names, and not just any name, but one of the most popular throughout the Middle Ages?
Why is it that the White people always talk about the Greeks; Roman's and Egyptians....but never about themselves. Because the Globalist Christians, some Jews will not teach them their real history in Schools and rarely on the media.
So basically, christian made the greek gods into bad beings inorder to downsize the pagans and eventually convert to christianitysuch a wonderful religion!!
All the Pagan gods became demons in Christianity because that's how you subvert and revised the competition which at that point, Christianity was going at war with, with zealous fervor.
More than one god and goddess from multiple pantheons have become demons in Christianity over the years it's why when talking about demons one has to be careful to not misrepresent history or ancient lore such as Ba'al which was the lord of light and knowledge but was twisted and lied about during Roman Catholic Syncronicity.
what was going on in their world. When you place all "Mythology" (Every ethnicity/Culture, the human races) into a bowl, you get the explanation of science, psychology, and other smart "ology". This is amazing with all the "Knowledge" did have and were trying to explain their world. Compare the religions and you'll see what I talking about. Thank you for this.
Excellent video. Religions and Myths change over time: adding, losing, appropriating, and morphing aspects of its beliefs. It would be helpful to show the references (maybe in the description). I liked and subbed. Looking forward to watching your back catalogue.
It begs you ask the question was mythology really myth or is it more close to home truth that we cannot imagine because both Islam and Christianity both went around destroying pagan worshipping cultures stating it was 1 god to be worshipped, however Christianity was reinforces by law by the roman empire after they killed the so called person called Jesus, we clearly know by now with covid that the world leaders lie almost about everything, why wouldn't they lie about our history if it would make it easier to control us
You could've also mentioned that the Devil is often portrayed with a pitchfork, because Poseidon had one.The early Christians wanted to discredit the old religion/mythology.
I remember being really intrigued when I first learned about the possible influence of Zoroastrian duality into post-second temple Jewish theology. Awareness of this distinction made me realize that older Jewish theology fit better into my apatheistic worldview of "truth vs. pride" rather than "good vs. evil."
Pan is my favourite Greek god, I identify with his wildness and love of living life without rules. Probably the exact reason Christians turned him into the devil
I think there’s a part of the Pan myth that I don’t think you touched upon. Pan was the god of the wild, and represented living life to the fullest, without regard for rules or regulations. I.E. a rebel. From his name came the word panic. And the whole ideal of Christianity was the theme of following a kingdom and only ascending through rules and regulations, I.E. society. Pan, god of the wild, was the antithesis to Christianity. And if we use that in a modern context, we’re losing green on the planet by the day. Nature is losing & will strike back someday
"Pan had three characteristics: his Horns, his Hooves, & his large Phallus."That those were the things most focused on by the Church, says a lot about ancient Christian priorities !
Satyr > satanDaimon is guardian angel in GreekThere's a ton of stuff from Greek that's transferred to English though. Iris was the goddess of the rainbow. Hyacinth was the male lover of Apollo. Narcissus fell in love with himself, and Echo fell in love with Narcissus, etc
It's real simple: Lucifer is Latin and the book of Isaiah and all of the Old Testament was written in Hebrew. So when Christians say that the book of Isaiah mentions Lucifer by name, they're completely incorrect and ignorant, because that's impossible.
The King James Bible did include the name of Lucifer in that Isaiah passage and that is what contributed more than anything to the confusion and to Christians believing that Lucifer is the devil without even considering that Lucifer is Latin and not Hebrew.
Also, Lucifer is an archetype, it symbolizes intelligence, wisdom and knowledge. Like Phanes (Phosphorus), Prometheus and Horus are the same archetype as Lucifer. What's more, even the Christ himself is the same archetype, so Lucifer and Jesus Christ are the same. That's a hilarious irony that I can never get past when Christians say Lucifer is the devil lol.
People are so superstitious, ignorant and misinformed. If people dealt with their own darkness, they wouldn't have a need to believe in a devil, because that's all the devil has ever symbolized: the ego, what the ancient Gnostics called the demiurge.
There is a very big difference between CHRISTIANITY (individuals who persevere on following the footsteps of Jesus Christ; 1 Peter 2:21) and the CHRISTENDOM (individuals who CLAIM on following the footsteps of Jesus Christ but shows in CONTRAST that they are NOT as manifested by their deeds; Titus 1:16). Christianity (real followers of Jesus Christ) doesn't teach that the devil has a HORN nor thus it teaches that they are living in the eternal hell of fire and bad people go there when they die because there is no such thing mentioned in the Bible (you can look for yourself). Only the church founded by Constantine in 325 AD (Catholic Church), who is a Roman citizen with PAGAN (Greeks and Romans alike) origins teaches that together with his followers. The title of this content should be: How a GREEK GOD Became the DEVIL in CHRISTENDOM (not CHRISTIANITY) - Mystery Explained
Just who are the Tatars? The Tatars are arguably Europe's oldest remaining Islamic community, stretching back many hundreds (possibly over a thousand) years and today number in the tens of millions. Scattered over many parts of Eastern Europe, the Tatars are divided between a multitude of different groups with very diverse origins and histories.
The different Tatar groups, which includes those with a range of phenotypes and cultures; from more East Asian, European or Middle Eastern-looking individuals as well as those belonging to traditional Islamic, Christian, pagan and even Jewish communities. Thanks for watching!
Being Tatar, I can say that this video is quite accurate. You've done a huge research, man! But I must disagree at 10:09 - Volga Tatar language is very different from Chuvash. Old Volga Bulgar language, which was closely related to Chuvash, had become extinct during the Golden Horde period and have been replaced by the Kipchak Turkic language, from which the modern Volga Tatar dialect have originated. As a native speaker of Volga Tatar I understand 99% of Siberian Tatar and Bashkir, and 95% of Crimean Tatar, but I only understand no more than 10% of Chuvash language, 'cause it's completely different.
I am Tatar. Those who said we were Mongols were completely wrong. We are a group of Turkic origin. Although the language of Proto Turk and Proto Mongols is 90% similar, science separates us from Mongols. According to science, although Turks and Mongols have common states, they are not the same people. Also Tatars' European arrival history begins with the Huns. He was any member of the Turkic confederation in the Huns.
Thank you for the interesting video about Tatars. I am Volga Tatar myself. I grew up in Kazan, the capital of Tatarstan. Today’s Tatarstan is located on the area of the previously independent country Volga Bulgaria, with the capital of Bulgar. The remains of that city are now became an cultural museum. Volga Bulgars established by one of the sons of Kubrat, while another his son Asparukh established Bulgaria in the Balkans. Later on they accepted Orthodox Christianity.
Volga Bulgars were located on the northern part of the Silk Road and were trading extensively with the south. That’s why in 922 Volga Bulgars accepted Islam as the official religion (not in 13-th century). This fact was recorded by Ibn Fadlan, one of the participants of the delegation from Baghdad (there is a loose interpretation of this journey in the movie “The 13-th Warrior “ with Antonio Banderas).
In 1223 Volga Bulgars repulsed mongol invasion, but in 1236 he mongol hordes overwhelmed the resistance in conquered Volga Bulgaria. After that Volga Bulgaria became a part of the Golden Horde. However, the people of Volga Bulgaria never called themselves Tatars until 1552 when Russian Hordes conquered Volga Bulgars and started calling them the Tatars.
This clip was produced as part of the project «Advocating human rights of Crimean Tatar people through public diplomacy» funded by the Estonian Development Cooperation Programme of the Estonian Ministry of Foreign Affairs.
HSBC Custody Nominees (Australia) Limited is listed as the number one shareholder for all of the Big Four Banks. It is a wholly owned subsidiary of HSBC Holdings Plc - You Know... HSBCBANK - Yes, that's right... HSBC Bank owns more than 10% of all of the big Four.
He was succeeded on 21 February 2018 by John Flint. ... "Bloomberg Businessweek Executive profile: Stuart Gulliver". ... "Revealed: Swiss account secret of HSBC chief Stuart Gulliver". ...... Early life and education Sir Martin Stuart Sorrell was born in London on 14 February 1945 to a Jewish family.
The Globalist Banksters own many Australian Corporations including the private mainstream media and they have too much influence in SBS and ABC TV channels. The Bankster's influence and money donations to the Liberal/National, Labor and Greens political parties results for them having similar major policies, all designed to achieve the same results.
The history of the Commonwealth Bank is rarely told these days. This is the first in a 2-part series. You can read the 2nd part here: History of the Comm Bank Part II
The Commonwealth Bank — originally The Peoples’ Bank
It might be instructive to learn a bit about the history of our banking system, particularly the Commonwealth Bank….
In October, 1911, the Labor Government of Mr. Andrew Fisher introduced a Bill to provide for the establishment of a Commonwealth Bank with power to carry on all the business generally transacted by banks, including that of a savings bank. It was to be administered under the control of one man (called the Governor of the Bank), appointed for seven years. The Bank was to have power to raise a capital of $2 million by the sale of debentures. (This paragraph and other parts of this post are courtesy of http://www.queenofthesouth.net/articles.html)
In 1914 the Commonwealth bank began financing primary producers, ushering in the golden age of our country. “Riding on the sheep’s back” it was called. The money the bank raised helped finance the government to pursue WW1. The Governor boasted that it could have easily financed two such wars, the bank of the people was so solvent.
Up until 1924 the Commonwealth bank financed businesses, home buyers, manufacturers, primary producers, and in the process created a vibrant and rich economy. The profits the bank made were ploughed back into the economy to enrich it even further.
Throughout this period the private banks enjoyed a cordial relationship with the Commonwealth bank. In 1924 the Director of the Commonwealth bank, Sir Denison Miller died. With him removed from the scene the Bruce-Page Administration brought in a Bill to amend the Commonwealth Bank Act by taking the control of the Commonwealth Bank out of the hands of the new Governor and placing it in the hands of a directorate, composed ( in addition to the Governor of the Bank and the Secretary of the Treasury) of a body of financial magnates. This is….
Then in 1914, came the war, and with it an Amending Act giving the Bank power to raise its capital of $20 million, and to take over other banks and savings banks. The Bank did not at this period make use of either of these powers, but the services it rendered to the people of the Commonwealth were immense. Under the regime of the private banks, the flotation expenses of a loan in London, which Australian Governments would have had to pay, were 6%: but the Commonwealth Bank floated $700 million of loans for a charge of 0.56%, thus saving Australians some $12 million in bank charges.
Even then the Bank made a profit of 0.2%. With (and sometimes without) the assistance of the private banks, it saved the Australian primary producer from stark ruin by financing pools of wheat, wool, meat, butter, cheese, rabbits, and sugar to the total amount of $872 million. It found $4 million for the Commonwealth Fleet of Steamers, which again saved the primary producer from ruin through lack of transportation facilities to his market overseas. It enabled Australia to transfer abroad, with the maximum efficiency and minimum expense $7,121,902 for the payment of her soldiers.
Second World War
Of course, during the war, the Commonwealth Bank Board, had from time to time, to create some money. Of the $3,074 millions of borrowed money S776 millions were in the form of Treasury Bills (Aust. Statistics Bulletin 188) and the Board also increased the Note Issue from $95 millions in 1939.
to a peak circulation of $405.4 millions in 1945 (Commonwealth Bank Report 1945). 1t had also in its Special Wartime Deposit Account, at June 30, 1945, $482 millions of the private banks’ surplus funds, on which it paid interest at three-fourths of one per cent, and it is more than likely that these funds had to earn interest. In general, however, it can be stated that the Commonwealth Bank Board created as little money as they could, and apparently worried a good deal over what they did create. Whilst on this subject, it might be as well to remind Australians that at June 30 1947, the national debt stood at the imposing figure of $5,534,248,000 ($731.66 per head), while the annual interest on this debt was $162,417,446 (about S80 for every family of four). These figures constitute a magnificent testimonial to the insanity of our financial system. Every blow we struck for freedom during the war shackled our limbs with another chain of interest-bearing debt.
THE RESCUE OF THE BANK
Early in March 1945, a Bill for the Commonwealth Bank Act of 1945, was introduced into the House of Representatives. It repealed all existing Commonwealth Bank Acts, and provided:
(1) That it should be the duty of the Commonwealth Bank within the limits of its powers, to pursue a monetary and banking policy directed to the greatest advantage of the people of Australia, and to exercise its powers under this Act and the Banking Act, 1945, in such a manner as, in the opinion of the Bank, would best contribute to
the stability of the currency of Australia
the maintenance of full employment in Australia and
the economic prosperity and welfare of the people of Australia.
THE BETRAYAL OF THE BANK
In 1943, under the stress of war, England and America began to cooperate in a Lend-Lease arrangement. This soon became a great international “clearing-house” for commodities, and the quantity of them “cleared” without the use of money reached enormous proportions. International financiers were alarmed. This sort of thing simply had to be stopped.
On July 1st. 1944, the delegates from 44 nations met at Bretton Woods, New Hampshire, in the United States. There they found an Agreement already prepared for their signatures, and they were asked to sign upon the dotted lines. It took three weeks to induce them to sign, but eventually they all did. The Australian delegate (L.G.Melville) made it clear that his signature was not to be taken as a recommendation to the Commonwealth Government and Mr Curtin definitely stated that no Australian delegate had been authorized to sign any agreement, but only to sign a report concerning certain recommendations, which did not bind the Australian Government in any way. The Bretton Wood Agreements would take away from all nations the power of either increasing or decreasing their currency (except within very narrow limits) without first obtaining the assent of an International Monetary Fund – which international financiers will control through its directorate, in the same way as Australian financiers until recently had controlled the Commonwealth Bank. This International Monetary Fund was to be backed by a similarly controlled International Bank which would, to the extent that it saw fit, lend out money at interest for reconstruction purposes, provided always that those purposes were productive and profitable for the Bank. Money lenders and financial institutions throughout the world would be cordially invited to subscribe to these loans. The world would continue on its course but henceforth all human activity would be bound and increasingly burdened with the chains of interest- bearing debt.
On November 19, 1946, Cabinet Ministers decided after a nine hours’ discussion to recommend to the Labor Caucus that Australia should ratify the Bretton Woods Agreements. Mr Chifley, then the Labor Prime Minister, led the move for ratification, but the Caucus by a narrow margin decided to defer their decision pending consideration by a special interstate A.L.P. Conference. The latter was never held and the Caucus was finally persuaded by the Media and by lobbyists both local and foreign to act in favour of the agreements. On March 20, 1947 the International Monetary Agreements Bill, formally ratifying the Bretton Woods Agreements, was passed by the House of Representatives after a perfunctory debate. The voting was 55 for and 5 against. The Bill passed the Senate on March 25, 1947 and became Law. It is difficult to give satisfactory reasons for the actions of the Chifley Administration and the Australian Labor Party.
There was a universal desire to form some sort of world-wide organisation which might possibly result in a well-functioning peaceful world. There is a great deal of evidence that the “One-world” global carrot, consistently dangled before the donkey’s nose, was of great use in sending the donkey down the road that international finance desired it to travel. On August 6, 1947, Australia, in the person of Mr Makin, signed the articles of the International Monetary Fund and the International Bank at Washington, U.S.A. She was the forty-fifth victim.
From then on, the operation of what was the Peoples’ Bank was gradually undermined until today it is just a private corporation. It is no longer a Peoples’ Bank. The Commonwealth Bank gradually assumed the role of a Central Bank and in 1959 this role ended with the introduction of the Reserve Bank Act of 1959 which saw the establishment of The Reserve Bank.
This last action virtually brought about the demise of the Commonwealth Bank as the Peoples’ Bank and a further nail was put into the coffin when the Commonwealth Government decided to sell off part of the Commonwealth Bank. The Prospectus was dated 5 July, 1991. It was issued on that day and was also lodged with and registered by the Australian Securities Commission on the same day. This was preceded by The Commonwealth Banks Restructuring Act 1990, which, among other things amended the 1959 Act to provide for the conversion of the Commonwealth Bank into a public company.
Experience shows that all such reassurances were completely worthless. By 1996, the original 100% ownership of Australia’s Peoples’ Bank by the people of Australia as a whole had passed through stages of 70%, then 50.1% and finally grounded to zero. The word Privatisation is derived from the Latin privare which means to deprive. With the death and burial of their Commonwealth Bank, the citizens of Australia were deprived of their patrimony. They no longer possessed a common wealth. The latter had become the private wealth of greedy individual financial investors and exploiters.
In February 1948, in his preface to the twelfth edition of his booklet The Story of the Commonwealth Bank, D.J. Amos wrote, “In the present (twelfth) edition, the story is brought to its final conclusion, in the surrender by Australia of its control over its own currency to the International Monetary Fund and Bank. In future (the Commonwealth Bank being again reduced to servitude) these two great foreign institutions will be free to deal with our people and our living standards as they see fit”.
As we know, that was not the final conclusion but only the beginning of it. The stage had been set for complete foreign control, but the dismantling of the Commonwealth Bank had to be effected first.
Here virtually ends the saga of the Peoples’ common wealth Bank. In 1960, the Reserve Bank took over the role of Central Bank from the Commonwealth Bank. Like other trading banks, the Commonwealth Bank is today completely privatised and subject to Reserve Bank controls. The Federal Government could direct the Reserve Bank to adopt a completely different policy to that which results in ever-escalating debt, crushing taxation and insidious inflation. For example, interest rates could be reduced to the point where they were sufficient to meet the administration costs of creating and administering credit. New money could be made available as a credit, instead of debt, for financing consumer discounts as a major part of an anti-inflation policy.
But none of these and similar steps will be taken until a more enlightened public insists that the chaotic disintegration of marketplace activity can only be halted by a reversal of present credit policies. Eventually this must happen, but only after the situation gets even worse leading to complete economic anarchy.
There are three features of this story which stand out clearly. 1. That of all the Administrations which have carried on the Government of Australia, two of them are pre-eminent for the injuries they have inflicted upon the people they were appointed to serve, The Bruce-Page Administration of 1923-29 and the Chifley Administration of 1945- 49. 1 The first enslaved to domestic financiers an institution which had stood between Australia and ruin during the first World War, and could have been used to create permanent prosperity in times of peace. The second rescued that Institution from domestic slavery only to hand it over to a far harsher enslavement abroad and from which it can only be freed, if at all, with extreme difficulty. 2. That institutions, no matter how excellent they may be, are of little permanent use to the masses of the people who do not understand the value of them. The right of the people of this Commonwealth to expand or contract financial credit in accordance with their needs, by means of a Commonwealth Bank was something that Australians should have safeguarded with the same jealousy as they safeguard the right to vote. They did not do this, so when the artificial depression of the thirties burst upon them they were exposed without defence to domestic and foreign financiers who knew no mercy. Today, thanks to the International Monetary Agreements Act of the Chifley Administration they are just as powerless to help themselves against any future depressions which those same financiers may be preparing for them. 3. That after the signing of the Bretton Woods Agreements, International Finance now had complete control over the policy of the Commonwealth Bank, and through it over the policy of the entire banking system of Australia – no matter in whose hands the Administration of the various banks may rest. International Finance can be trusted to ensure that the banking system in Australia remains in servile obeisance and its services used, not for the benefit of the people, but to further its own policy of power over people and profits before persons. Shareholders’ interest comes first; the rich must be allowed to get richer even if it means the poor get poorer.
From Reserve Bank of Australia Bulletin November 2001. Table H.5 $ million Australia’s Gross Foreign Liabilities at end of March 2000/01 Total Liabilities Equity Debt Total 312 464 475 452 787 916 Table H.7 As at 30 June 2001, the level of Net foreign debt (net amount owed by the Australian public and private sectors to foreign entities) was $310 952 million.
(This article forms Chapter 11 of the author’s book THE GREAT HARLOT
The Australian people are banker slaves who live on nation reservation
Alex Jones Infowars interviews American Indian Russell Means who talks how American has become one huge Indian Reservation. Russel Mean passed away in 2012.
Time to create a Rural Reconstruction and Development Bank
By: A North Qld Grazier (first published 2016 — updated by CIRNow’s True Blue Observer)
This article was originally written to support Robbie Katter’s bill to introduce state banking, under the name of a Rural Reconstruction and Development Bank.
The Abstract of the research paper below by Cockfield and Botterill shows that agricultural returns in the past five decades have not kept ahead of increasing costs over which primary producers have little control.
Antifa has many privileged upper-middle-class mainly Jewish, communist
Lewisham Riots, 1977
On August 13th, 1977, the National Front Party had two and a half thousand people march through Lewisham, London and had police protection in consideration of this being a planned and legal protest. They were attacked by Left-Wing, Socialist /Communists and the incident has since been referred to as the Lewisham Riots. This is a historical example of the 'dialectical reversal' scenario described in the ANTIFA paragraph above.
The Pavlovian trick to stop people from questioning multicultural, multi-racial societies is labeled as "racist". This has been extensively used over the years. It is currently used against Donald Trump who campaigns for the rights of all people in America, i.e. blacks, whites, Latinos - so how can he be a racist? It is also used against black Americans, who support Trump and who are fighting for black rights. The so-called right-wing, until only a few years ago, mistakenly call themselves "racist", when in fact, what they were trying to fight for their race. Once they used that description, they lost the fight in the courts and the fight for white rights was lost, until recently, when people started to realize that this was a Pavlovian trick used to stop people from questioning the left-wing Socialist Establishment.
The so-called "Right" did not build a community base or an Anti-Defamation League to fight for their rights. To date, this has still not been done. They have to build community-based organizations, nationally and internationally connected, to bring in the structure and funds to challenge the Globalists in the courts. Until this is done successfully, they will win early and in the long run, will lose.
Increasingly, Alt-rights are thinking beyond national borders and think as a nationalist world mindset, campaigning for white rights around the world. They are simultaneously becoming very knowledgeable on this subject. For instance, you will find many people who live in outside the United States who are very well-informed on the American Constitution. Similarly, Jews are "nationalist" on an international basis. Many Alt-Rights see birth rates decreasing in a country, or minorities being persecuted, they feel the pain and with this type of thinking, we hope that we will move to the point of national organizations moving to an international structure where they can fight for rights by using organization, Internet media sites and Congresses et.
@akatsukimercenary