QUOTES OF THE DAY

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QUOTES OF THE DAY

“I write to you from a disgraced profession. Economic theory, as widely taught since the 1980s, failed miserably to understand the forces behind the financial crisis. Concepts including ‘rational expectations,’ ‘market discipline,’ and the ‘efficient markets hypothesis’ led economists to argue that speculation would stabilize prices, that sellers would act to protect their reputations, that caveat emptor could be relied on, and that widespread fraud therefore could not occur. Not all economists believed this – but most did.

Control frauds always fail in the end. But the failure of the firm does not mean the fraud fails: the perpetrators often walk away rich. At some point, this requires subverting, suborning or defeating the law. This is where crime and politics intersect. At its heart, therefore, the financial crisis was a breakdown in the rule of law in America. In this situation, let me suggest, the country faces an existential threat. Either the legal system must do its work. Or the market system cannot be restored.”

James K. Galbraith, May 16, 2010

“They [moneyed interests] are ruthlessly going forward to eliminate land, labour, entrepreneurial-managerial skills, and everything else the economists once told us were the chief elements of production. The only element of production they are concerned with is the one they can control: capital.”

Carroll Quigley, The State of the Individual

“The fine thing about pacts with the devil is that when you sign them you are well aware of their conditions. Otherwise, why would you be recompensed with hell?”

Umberto Eco, The Name of the Rose

THERE ARE NO SOLUTIONS (PART TWO)

In Part One of this article I described the circumstances which make it impossible to change the system from within. The past year should put the final nail in that coffin. Now on to what is in our control.

“Experts agree that it is only a matter of time before one of these epidemics becomes global—a pandemic with potentially catastrophic consequences.” – Center for Health Security – October 2019

Event 201, a pandemic exercise to illustrate preparedness efforts

The boldness and extremeness of their actions since the Fall of 2019 seem out of character with their usual shrouded machinations behind the scenes, where the public is ignorant of their actions. Something broke within the debt saturated financial system and Powell was ordered to restart QE and start reducing interest rates to fend off disaster. In a fascinating coincidence, Event 201, a pandemic simulation, was conducted on October 18 in New York City, jointly run by The Johns Hopkins Center for Health Security, World Economic Forum, and Bill & Melinda Gates Foundation. The four-year coup attempt by the Deep State against Trump was floundering, with their pathetic last gasp impeachment farce in January 2020.

The weaponization of the Chinese bio-weapon lab virus into a global pandemic narrative accomplished numerous objectives for the Deep State. It provided cover for the Federal Reserve to funnel trillions into the pockets of the criminal Wall Street cabal and their billionaire clientele. It provided the means for Democrat governors and mayors to use it as an excuse to allow mass mail-in voting in order to fraudulently steal the election. Destroying the economy through unnecessary worthless lockdowns and blaming it on Trump gave the Democrats a further impetus to steal the election.

Continue reading “THERE ARE NO SOLUTIONS (PART TWO)”

THERE ARE NO SOLUTIONS

“The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country. …We are governed, our minds are molded, our tastes formed, our ideas suggested, largely by men we have never heard of. This is a logical result of the way in which our democratic society is organized. Vast numbers of human beings must cooperate in this manner if they are to live together as a smoothly functioning society. …In almost every act of our daily lives, whether in the sphere of politics or business, in our social conduct or our ethical thinking, we are dominated by the relatively small number of persons…who understand the mental processes and social patterns of the masses. It is they who pull the wires which control the public mind.”Edward Bernays – Propaganda – 1928

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“For the first time in its history, Western Civilization is in danger of being destroyed internally by a corrupt, criminal ruling cabal which is centered around the Rockefeller interests, which include elements from the Morgan, Brown, Rothschild, Du Pont, Harriman, Kuhn-Loeb, and other groupings as well. This junta took control of the political, financial, and cultural life of America in the first two decades of the twentieth century.” – Carroll Quigley – Tragedy & Hope – 1966

It has been somewhat baffling to me why the masses have been unable or unwilling to acknowledge the existence of a ruling cabal/invisible government who are the true ruling power in our world. Any impartial assessment of facts, recognition of historical events confirming the observations of Bernays and Quigley, and knowledge of human nature, should unequivocally convince a critical thinking individual what they are told to believe by politicians, media and financiers is entirely false.

Continue reading “THERE ARE NO SOLUTIONS”

QUOTES OF THE DAY

“The Council on Foreign Relations is the American branch of a society which originated in England … [and] … believes national boundaries should be obliterated and one-world rule established.”

Carroll Quigley

“The powers of financial capitalism had a far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences.”

Carroll Quigley

“The argument that the two parties should represent opposed ideals and policies, one, perhaps, of the Right and the other of the Left, is a foolish idea acceptable only to doctrinaire and academic thinkers. Instead, the two parties should be almost identical, so that the American people can throw the rascals out at any election without leading to any profound or extensive shifts in policy. Then it should be possible to replace it, every four years if necessary, by the other party, which will be none of these things but will still pursue, with new vigor, approximately the same basic policies.”

Carroll Quigley

“The history of the last century shows, as we shall see later, that the advice given to governments by bankers, like the advice they gave to industrialists, was consistently good for bankers, but was often disastrous for governments, businessmen, and the people generally.”

Carroll Quigley

QUOTES OF THE DAY

“One of those freedoms most treasured by the Koch brothers is their ability to see a research study done by one of their funded economics departments, then have its dubious data quoted from the mouth of a funded ‘news’ celebrity.

From 2002 through 2006, the Koch funded Mercatus Center paid Lawrence Kudlow, a CNBC co-host and later host of his own show, ‘The Kudlow Report,’ a total of $332,500 through his consulting arm, Kudlow and Co. LLC. I obtained the information from public filings Mercatus made with the IRS. ”

The Martens, Wall Street On Parade

“Why should we not form a secret society with but one object— the furtherance of the British Empire and the bringing of the whole uncivilised world under British rule, for the recovery of the United States, for the making the Anglo-Saxon race but one Empire. What a dream, but yet it is probable, it is possible.”

Cecil Rhodes, founder of the Rhodes Scholarships, 1877

“The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole…

We now have a society in America, Europe and much of the world which is totally dominated by the two elements of sovereignty that are not included in the state structure: control of credit and banking, and the corporation… The only element of production they are concerned with is the one they can control: capital.”

Carroll Quigley

Summary of Carroll Quigley’s Last Public Lecture by Christopher Quigley

Via Jesse

Summary of Prof. Carroll Quigley’s
Last Public Lecture Given Months Before He Died:
“The 3rd. Oscar Iden Lecture 1978”
By Christopher M. Quigley B.Sc., M.M.I.I., M.A.

“This shift from customary conformity to decision making by some other power, in its final stages, results in the dualism of almost totalitarian imperialism and an amorphous mass culture of atomised individuals.

The fundamental, all pervasive cause of World instability today is the destruction of communities by the commercialization of all human relationships and the resulting neurosis and psychosis.

Another reason for the instability of the Western system is that two of the main areas of sovereignty are not included in the state structure: control of credit/banking and corporations. These two elements are therefore free of political controls and responsibility.

They have largely monopolized power in Western Civilization and in American society. They are ruthlessly going forward to eliminate land, labour, entrepreneur-management skills and everything else the economists once told us were the chief elements of production.

The only element of production they are concerned with is the one they control: capital. Thus capital intensification has destroyed food, manufacturing, farming and communities. All these processes create frustrations on every level of modern human experience and result in the instability and disorder we see around everyday.”

Carroll Quigley

In 1978 Professor Carroll Quigley, a few months before he died, gave three lectures at Georgetown University, Washington.  The lecture series was sponsored by a grant from the Oscar Iden endowment.

Continue reading “Summary of Carroll Quigley’s Last Public Lecture by Christopher Quigley”

QUOTE OF THE DAY

“This shift from customary conformity to decision making by some other power, in its final stages, results in the dualism of almost totalitarian imperialism and an amorphous mass culture of atomised individuals.

The fundamental, all pervasive cause of World instability today is the destruction of communities by the commercialization of all human relationships and the resulting neurosis and psychosis.

Another reason for the instability of the Western system is that two of the main areas of sovereignty are not included in the state structure: control of credit/banking and corporations. These two elements are therefore free of political controls and responsibility.

They have largely monopolized power in Western Civilization and in American society. They are ruthlessly going forward to eliminate land, labour, entrepreneur-management skills and everything else the economists once told us were the chief elements of production.

The only element of production they are concerned with is the one they control: capital. Thus capital intensification has destroyed food, manufacturing, farming and communities. All these processes create frustrations on every level of modern human experience and result in the instability and disorder we see around everyday.”

Carroll Quigley

QUOTE OF THE DAY

“The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations. Each central bank … sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.”

Carroll Quigley – ‘Tragedy And Hope’


QUOTE OF THE DAY

“The Rhodes Scholarships, established by the terms of Cecil Rhodes’s seventh will, are known to everyone. What is not so widely known is that Rhodes in five previous wills left his fortune to form a secret society, which was to devote itself to the preservation and expansion of the British Empire. And what does not seem to be known to anyone is that this secret society was created by Rhodes and his principal trustee, Lord Milner, and continues to exist to this day.

To be sure, this secret society is not a childish thing like the Ku Klux Klan, and it does not have any secret robes, secret handclasps, or secret passwords. It does not need any of these, since its members know each other intimately. It probably has no oaths of secrecy nor any formal procedure of initiation. It does, however, exist and holds secret meetings, over which the senior member present presides. At various times since 1891, these meetings have been presided over by Rhodes, Lord Milner, Lord Selborne, Sir Patrick Duncan, Field Marshal Jan Smuts, Lord Lothian, and Lord Brand. They have been held in all the British Dominions, starting in South Africa about 1903; in various places in London, chiefly Piccadilly; at various colleges at Oxford, chiefly All Souls; and at many English country houses such as Tring Park, Blickling Hall, Cliveden, and others.

This society has been known at various times as Milner’s Kindergarten, as the Round Table Group, as the Rhodes crowd, as The Times crowd, as the All Souls group, and as the Cliveden set. All of these terms are unsatisfactory, for one reason or another, and I have chosen to call it the Milner Group. Those persons who have used the other terms, or heard them used, have not generally been aware that all these various terms referred to the same Group.

It is not easy for an outsider to write the history of a secret group of this kind, but, since no insider is going to do it, an outsider must attempt it. It should be done, for this Group is, as I shall show, one of the most important historical facts of the twentieth century.”

Carroll Quigley, The Anglo-American Establishment


QUOTE OF THE DAY

“Financial capitalists discovered that they could not only make killings out of the issuing of such securities, they could also make killings out of the bankruptcy of such corporations, through the fees and commissions of reorganization. A very pleasant cycle of flotation, bankruptcy, flotation, bankruptcy began to be practiced by these financial capitalists. The more excessive the flotation, the greater the profits, and the more imminent the bankruptcy.”

Carroll Quigley, Tragedy and Hope


HILLARY: DECEIT, DEBT, DELUSIONS (PART ONE)

“While every group has certain economic interests identical with those of all groups, every group has also, as we shall see, interests antagonistic to those of all other groups. While certain public policies would in the long run benefit everybody, other policies would benefit one group only at the expense of all other groups. The group that would benefit by such policies, having such a direct interest in them, will argue for them plausibly and persistently. It will hire the best buyable minds to devote their whole time to presenting its case. And it will finally either convince the general public that its case is sound, or so befuddle it that clear thinking on the subject becomes next to impossible.”
Henry Hazlitt, Economics in One Lesson

One of the benefits of running a blog for the last seven years has been interacting with so many smart people. During these daily interactions I am introduced to new ideas, different points of view, and become acquainted with a plethora of great thinkers. When I was younger, before kids, long commutes, running a blog and being beaten down by life, I was a voracious reader. My regular commenters direct me towards writers and books I wish I had read in my twenties rather than my fifties.

But I guess it is never too late to learn something new. I’ve now read the first two of the four books I bought myself at Christmas: The Law by Frederic Bastiat; Economics in One Lesson by Henry Hazlitt; The Road to Serfdom by F.A. Hayek; and Tragedy & Hope by Carroll Quigley. What is so striking after reading The Law (written in 1850) and Economics in One Lesson (written in 1946) is humanity’s foibles, belief in fallacies, and ignorance of economics hasn’t changed over the last two centuries.

Continue reading “HILLARY: DECEIT, DEBT, DELUSIONS (PART ONE)”

QUOTE OF THE DAY

“The argument that the two parties should represent opposed ideals and policies… is a foolish idea. Instead, the two parties should be almost identical, so that the American people can throw the rascals out at any election without leading to any profound or extensive shifts in policy. Then it should be possible to replace it, every four years if necessary, by the other party which will be none of these things but will still pursue, with new vigor, approximately the same basic policies.”

Carroll Quigley


 

THE ODDS ARE NEVER IN YOUR FAVOR

The irony of the phrase “may the odds be ever in your favor” is not lost on the readers of the Hunger Games trilogy of novels or the film adaption. Despite the grimness of the story, over 65 million copies of the books have been sold. The total box office take so far has exceeded $1.4 billion for the four movies. The dystopian series tackles real issues like severe poverty, starvation, torture, oppression, betrayal and the brutality of war. It doesn’t fit into the standard film making success recipe of feel good fluff, politically correct storylines and happy endings. Each film in the series gets progressively darker, with the final episode permeating doom and gloom. The books and the movies capture the deepening crisis mood engulfing the world today. And they realistically portray the world as a place where there are no good guys in positions of power. The ruling class, in all cases, is driven by a voracious appetite for supremacy, wealth, and control.

An Ambiguous, Confusing, Dangerous World

The world is a morally ambiguous place where those in power and those seeking power utilize the influence of media propaganda and PR campaigns built around “heroes” and “icons” to psychologically control the masses, while enriching themselves and their crony capitalist sponsors. Endless war against the latest “bad guys” further enriches the arms dealers and their political lackeys who joyfully use faux patriotism and nationalistic fervor to insist upon more boots on the ground, drones in the air, bombs dropped, and missiles launched.

Continue reading “THE ODDS ARE NEVER IN YOUR FAVOR”

QUOTE OF THE DAY

“The powers of financial capitalism had (a) far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland; a private bank owned and controlled by the world’s central banks which were themselves private corporations. Each central bank… sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.”

Carroll Quigley, member of the Council on Foreign Relations