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Post on Left wing website

 Posted here: http://www.democracyjournal.org/32/the-dismal-art.php?page=all


I will note, with regard to the word “democracy”, that its use is ubiquitous among those who mean the precise opposite, as in Students for a Democratic Society, or German Democratic Republic, or the Democratic People’s Republic of Korea.  It is a propaganda meme, nothing more.  I post here, of course, because I’d put my odds at making it through the censors at less than 1 in 2.

 
Let me ask you a basic question: how is it that few, on the right or the left, question who gets the money the Fed is “printing”?  It enters “the economy”, but how? 

Here is how: it is given to enormous banks, and used to increase their already considerable fortunes.

I assume that since you have “democracy” in your name, that you have strong anti-Capitalist commitments.  How is it you are not questioning the propriety of giving the already rich, more?

Keynes himself noted, when he was still writing honestly, that almost no one understands how inflation is theft.

Do any of you grasp that when you increase the supply of anything, its relative value diminishes, and that what the Fed is doing will certainly, over some time horizon, decrease the value of all wealth in America, but not before those who came into that money first can spend it undiluted?

It is a source of constant amazement to me that the political left spends so much time demonizing “corporations” in the abstract, and fails to grasp the truly, foundationally, predatory nature of our banking system.  Left and right could and should make common cause on this issue.  I have been arguing this for years, and seemingly no one understands me.

Here is a piece detailing how things work: www.goodnessmovement.com/Page23.html

2 replies on “Post on Left wing website”

It was censored, obviously. You can't be hard Left and not be an intolerant asshole. The "headless people".

Again, if they CARED about actually helping people, if they lived in their hearts instead of in their heads while thinking they have hearts, they would want to listen to anyone diagnosing problems that can be solved; ideas that can be used to ease actual human suffering.

But they don't. If my Aunt Sally had testicles she would be my Uncle Sally.

Just double checked, and apparently it did make it through half an hour after my comment.

I am not always right (obviously), and unlike many, I try to admit fault when I can find it, as here.

All generalities exist within ranges (including, I suppose, this one, although I'm not going to chase that down). My basic opinions are not changed, but it is gratifying to see this get through. One can always hope for actually useful change.

I will repeat, too: it is beyond stupid that leftists and conservatives cannot make common cause on the principle cause of poverty in the world, and A principle cause of income inequality: the theft of productive labor by the banking cartel.

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