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Gary North’s Bluff: the Lie he’s been sitting on for 50 years

Gary North wants to make us believe salvation will come when we can pay our tribute to the Money Power in Gold instead of Fed Notes. Populists have forever maintained the Government should print its own money, so we can actually stop paying tribute. This is why the Volker Fund payed North and his buddies $500 dollars per month in the Sixties.

Having asked Gary North three times why we have to pay $150,000 interest over a $100,000 mortgage in 30 years, he comes up with a screed he wrote fifty years ago.

‘Gertrude Coogan’s Bluff’ is his attempt to discredit Gertrude Coogan, a forgotten hero of the Populist Movement. A typically boastfully arrogant Gary North hit piece. Even as a young lad North was an annoying bigmouth without much content.

According to Gary North, the problem is not that the money supply is monopolized by the Money Power, the problem is that the money is not fully backed by Gold. Here it is, on page 20:
“Counterfeiting is theft for one reason, and only one reason. Paper bills are issued that look exactly like bills that are backed by 100% of their face value in money metals, but these bills do not have such a backing. In other words, if all the individuals went to claim their money metals at the same time, some people could not collect.

This is the classic Austrian case against Fractional Reserve Banking.

Let’s bury it forever.

Consider this: what do you think the Money Power cares whether it gets $150,000 interest over a $100k mortgage in Gold or in Paper?
My hunch is they would like to see us sweat for Gold even more than for Paper. They have been worshiping the Golden Calf ever since the days of Moses, after all. Yes, this is a very old story. So it is perhaps not so surprising that our favorite Libertarian has such an outright Old Testamental world view.

Gary North is trying to make us believe that the choice at hand is to pay our Masters in Gold or in Paper.
But the real question is:

Would you prefer to pay $150,000 interest on your mortgage in Gold, or pay no interest at all?

For an Interest Slave, brainwashed to believe capital will always need to see a return on its investment, this can actually be a hard question to answer correctly. It can be hard to even accept this is the choice.

But it is.

Interest Slavery
The 80% poorest people pay more interest than they receive to the richest 10%. And within the richest 10% bracket, the ‘poorest’ 8% pay more interest than they receive to the richest 1%. And even within the richest 1% bracket, the ‘poorest’ 0,8% pay more interest than they receive to the richest 0,1%.

So all the interest eventually ends up with the Plutocracy at the very top of the food chain.

This wealth transfer is going on both on a national and international level.

At this point the poorest 80% pay an estimated 5 to 10 Trillion dollars per year to the richest 10%. And all this money eventually ends up with the ultra rich.

This is Usurious Usurpation.

Conclusion
One of the key reasons so much money was invested in making Austrian Economics important was to obscure this truth from us.

That’s why the Daily Bell’s Anthony Wile, who’s made a career in Banking, Gold Mining and Hedge Funds, goes around telling people Ellen Brown and the Greenbackers are a US Intel operation, without offering even a shadow of proof.

That’s why John Bircher Ed Griffin was commissioned to write his ‘Creature of Jekyll Island: to obscure that the REAL opposition, Mullins and Pound, were calling for interest free paper money in Mullins’s masterpiece ‘Secrets of the Federal Reserve’.

That’s why Gary North has to resort to the ‘nutty Greenbacker’ stuff. That’s why we have all the huffing and puffing.

To hide that he has built a well funded career on a transparent lie.

To hide that he is a shameless lackey of power.

Recommended Reading:
The Inflation vs. Deflation Dialectic
On Interest
Budget of an Interest Slave
How the Money Power created Libertarianism and Austrian Economics

Related
What Gary North is not telling you about Interest
In Defense of Ellen Brown
Responding to Gary North

Ken Adachi and Ron Paul

Like many in the Truth/Patriot Movement, Ken Adachi seems to have fallen for the Austrian Economics Mind Control operation.

Ken Adachi has defended Ron Paul against our analysis that he is a Money Power change agent. Since he evidently feels it is useful to discuss this in the public domain, I will answer him publicly too.

Before going into this, I want to express my admiration for Ken Adachi’s work in general. His site was one of the first I came across when I started digging almost ten years ago. It is a treasure trove and greatly enlightened me. So I seek no quarrel with Adachi, I just vehemently disagree with him about the Ron Paul phenomenon.

First, Adachi is upset that I (I’ll speak for myself in this article, although Makow and Memehunter are also involved) only attack Paul.

I don’t. When I first suggested Ron Paul was a change agent, I compared him to Obama. But it is true I waste very few words on all the jackals, whether it’s Obama, Romney, Santorum, Gingrich, the Clintons, the Bushes, or all the other childraping, cokesnorting and sodomizing children of Satan who rule in his name.

I don’t need to. People visiting Real Currencies don’t need that. Plenty people, including Makow and Adachi himself, have done an excellent job in exposing these fools and showing they all work for the same cabal.

The reason I attack Paul is not because I like defaming people. It is because hardly anybody else is doing it. I’ve seen to my chagrin that the Truth Movement has been completely taken over by the Gold diggers. So much so, that even a man like Adachi has fallen for their brainwashing.

Normally speaking I would have better things to do. Like creating Interest Free currencies that people can actually use to lessen their servitude to the Money Power.

Another point Adachi makes is a lot stranger. According to him we needn’t worry about the 1 Trillion austerity drive that Paul will use to destroy the American economy in the name of the Money Power. Because America is a democracy Paul will not be able to implement these policies anyway:
You talk about a Ron Paul presidency as if it were a dictatorship. President Ron Paul could only vote in favor of or veto a bill sent to him by congress. He can’t propose bills or make law by presidential fiat. A president can have an influence on policy, and perhaps coerce legislators of his own party, but he can’t declare law (which your statement implies)…..

…..At best, a Ron Paul presidency would act as a brake to slow down the acceleration of the NWO takeover freight train that has sped up so precipitously in the past two decades.

Does this mean Adachi is also worried about Paul’s insane proposals? If so, why support him?
We don’t need the Inflation vs. Deflation dialectic the Money Power is setting us up with. We can reflate the economy interest free overnight.

But the main point is this: Adachi: “He wants to audit the Federal Reserve and establish precious metal as backing behind the US dollar. Wow, what an Illuminated/Masonic/Satanic slime ball.”

He reinforces the point thus: “For us thinking Americans, it’s what Ron Paul has actually done and said and the political positions he has embraced for the past 3o years that count, and not what you or other Ron Paul character assassins wish to paint him as, in the 11th Hour of the besieged American Republic, while there is still a glimmer of hope that he may get the Republican party nod or run as an independent in November.

Well, what can I say. As a thinking Dutchman it is exactly what Paul is saying that is what gets me so worried. He has been calling for Gold as Currency for thirty years. He has said Gold is actually World Currency. He has called for an insane austerity drive, which cannot create anything but a deflationary depression over night.
Ron Paul is directly connected to PNAC. He wrote ‘the Case for Gold’ with PNAC boardmember Lehrman. Perhaps that explains why Paul says the Arabs did 9/11?

And yes. Wow, what an Illuminated/Masonic/Satanic slime ball Ron Paul the Freemason really is for calling for a Gold Standard. Indeed. I couldn’t have said it better myself.

What does it matter whether we pay all those billions of interest to the Money Power in Gold or in Paper Ken? Do you think Rothschild cares?

He doesn’t. He cares about continued control of the money supply. This is the issue:

Ron Paul is trying to make us believe the Government is the problem. It is not. The Money Power sits on top of the Pyramid, not the State. It rules by controlling the money supply, so they can rape us with interest. It uses that interest to buy all the politicians.

Rehash here, it’s amazing Adachi forgot about all this.

They own the printing press and they own the Gold. They don’t care which we use, as long as it is one these two.

What they are really worried about is Interest Free currency.

Concluding
A Freemason. A completely unnecessary and highly destructive Austerity drive. A Gold Standard. Austrian Economics financed from A to Z by (crypto) Jewish Businessmen. The sheer satanic ‘I’ll do as I please’ that is Libertarianism. Ignoring the Money Power while blaming the State for everything. Which perfectly explains why Paul himself is sponsored by a Globalist.

Ken, I can understand it’s painful to understand you’ve been had.

But like they say: to err is human, to persist is folly.

Related
How the Money Power created Libertarianism and Austrian Economics
The Ron Paul Challenge: 10 reasons why the Alternative Media is failing this test

Hate the State, buy Gold and all will be well: an Alternative Media in Crisis
How the Money Power created Libertarianism and Austrian Economics
Libertarianism’s main fault: Blaming the State while ignoring the Money Power
The Satanic Core of Libertarianism
What Gary North is not telling you about Interest

The Satanic Core of Libertarianism

As we can see from de Mandeville’s Fable of the Bees, Satanist propaganda is at the core of Libertarian doctrine and Austrian Economics.

by Memehunter for Henry Makow.com and Real Currencies

In Proof Libertarianism is an Illuminati ploy, we covered the Jewish Money Power’s ongoing involvement in Libertarianism.

In The “Catholic” Wing of Libertarianism, we explored the Jesuit a.k.a. Illuminati connections with Libertarianism.

In this article, we delve into another creed which is at the root of Austrian economics and modern Libertarianism: Satanism.

The obscure hero of Libertarianism: Bernard de Mandeville
Born in Rotterdam in 1670, Bernard de Mandeville came to England in the wake of William of Orange’s accession to the throne. A doctor by profession, Mandeville became better-known as a satirist. More importantly, Mandeville was also a Satanist, linked with the Blasters and Hell-Fire Clubs of 18th-century England.

Although Mandeville’s name has been all but erased from contemporary mainstream economical discourse, many free-market thinkers lavish glowing praise on his insights.

In a lecture delivered at the British Academy in 1966, Friedrich von Hayek extolled Mandeville as a “master mind” and “great psychologist” whose theories anticipated those of David Hume, Adam Smith, and Charles Darwin, and praised his poem The Fable of the Bees as a “remarkable” work.

According to Hayek, it is through the work of Carl Menger, the founder of the Austrian School, that Mandeville’s ideas “returned to economic theory” by way of 19th-century German historian Friedrich von Savigny.

Ludwig von Mises also paid tribute to Mandeville in his Theory and History, observing that

“He [Mandeville] pointed out that self-interest and the desire for material well-being, commonly stigmatized as vices, are in fact the incentives whose operation makes for welfare, prosperity, and civilization.”

Even John Maynard Keynes, surely not an Austrian, recognized Mandeville as one of his foremost precursors in The General Theory of Employment and Money.

These days, Austrian economist Gary North introduces The Fable of the Bees on his website as “the most important poem in the last 300 years”.

But what is so special about the Fable of the Bees that this fairly obscure poem, and his author, could have inspired such eulogies from Hayek, Mises, and Keynes?

Good comes from evil, and other perversions
Mandeville’s Fable of the Bees or Private Vices, Publick Benefits was initially published in 1705, but was reworked and supplemented with abundant commentary over the next 25 years.

In his writings, Mandeville argues that liberty represents man’s uninhibited pursuit of his natural, evil instincts, and that, rather than being evil, selfishness and licentiousness lead to prosperity.

According to Mandeville, evil is “the grand principle that makes us social creatures, the solid basis, the life and support of all trade and employment without exception”.

Adam Smith, influenced by Mandeville, came to the conclusion that individual self-interest is the pillar of a prosperous society. Hayek and Mises went further and railed against altruism and solidarity as hindrances to a society’s economic success.

Of course, Smith is right to identify the added value brought by the division of labor and to point out that producers and sellers are primarily motivated by self-interest. But that does not mean that self-interest should be hailed as the most fundamental principle of civilization. To assert this is plain evil.

Mandeville also claimed that inequality generated talent and art, and that a nation’s wealth was predicated on the maintenance of an underclass of poorly educated laborers.

Following in Mandeville’s hoof steps, Mises defended inequality, emphasizing that “men are born unequal and that it is precisely their inequality that generates social cooperation and civilization.”

The “right to allow your child to die”
To his credit, anarcho-capitalist Murray Rothbard distanced himself from Mandeville’s ideology. However, the same Rothbard advocated for parents to have “a legal right not to feed [their] child, i.e., to allow it to die”, and for the emergence of a “free market in children”.

Since Rothbard’s system denies that humans may have moral obligations to each other, he ends up with a philosophy that rejects outright aggression (the “non-aggression principle”) but allows outright neglect, even to the point of causing death.

This is the evil outcome of taking the libertarian ethics to their logical extreme. Clearly, the “non-aggression principle” is necessary but not sufficient to design a just and humane society.

Satanic ideologies in modern Libertarianism
Below are three well-known quotes, one from a famous Satanist, one from a prominent Libertarian author, and one from a leading Austrian economist.

Alastair Crowley’s Law of Thelema reads thusly:
“Do what thou wilt shall be the whole of the Law”.

Ayn Rand’s literary character Howard Roark proclaims in The Fountainhead:
“Man’s first duty is to himself. His moral law is never to place his prime goal within the persons of others. His moral obligation is to do what he wishes, provided his wish does not depend primarily upon other men.”

Finally, a passage from Mises, who admired Rand’s elitist stance:
“The ultimate end of action is always the satisfaction of some desires of the acting man. Since nobody is in a position to substitute his own value judgments for those of the acting individual, it is vain to pass judgment on other people’s aims and volitions.” (Human Action)

Beyond differences in wording, and even though Mises’s version is more nuanced than Crowley’s or Rand’s in-your-face statements, these three extracts are essentially saying the same thing.

Let that sink in for a while.

Now, it is one thing to point to similarities between Satanism and Libertarianism. But, as we have seen with the Fable of the Bees, Satanist propaganda is actually at the core of the Libertarian doctrine and of Austrian economics.

The Satanic-Libertarian connection is very much alive today. Libertarian candidate Ron Paul, a self-avowed Rand admirer, may strike the right chord on many topics, but he has been linked to the Illuminati and has been seen displaying Satanic hand signs.

The Satanic dialectic
The Austrian School is not the only economic school infected with Satanism, far from it. Like Hayek, Keynes was a member of the infamous Fabian Society. He was also known as a child molester. Karl Marx was himself a Satanist.

In fact, Socialism, Zionism, and Satanism were originally joined at the hip: 19th-century Jewish activist Moses Hess, an influential precursor of modern Zionism, was also an early proponent of socialism and a collaborator of Marx. It was Hess who initiated Marx and Engels into Satanism.

The end goal of all these ideologies is domination by a transnational, oligarchic, Satanic, Illuminati elite. Marxism and Austrianism both oppose nationalism and support free trade.

Mises’ collaborator, the arch-Zionist, Jesuit-trained, high-ranking Freemason Richard Coudenhove-Kalergi summarized the Illuminati dialectic thusly:

“The fight between Capitalism and Communism over the inheritance of the beseeched blood aristocracy is a fratricidal war of the victorious brain aristocracy, a fight between individualistic and socialist, egoist and altruist, heathen and Christian spirit.

The general staff of both parties is recruited from Europe’s spiritual leader race [Führerrasse] the Jews.”

Rising above the Illuminati dialectic
To be sure, Austrian economics and Libertarianism have introduced useful concepts in both ethics and modern economic theory. The same can be said about Keynes and Marx. Illuminati ideologies always contain some savory morsels of truth, in order to make the Satanic deception more palatable.

Our challenge, in rising above this Illuminati dialectic, is to chew on these nuggets of wisdom, and to spit out the evil lies and half-truths that defile them.

In the end, the real war waged by the Illuminati is a spiritual one. It is not merely about which monetary system is conducive to prosperity or which economic model is optimal. It is not solely about which political system is superior. It is, at heart, a battle for our souls.

Special thanks to Anthony Migchels

(h/t to deadeyeblog regarding Marx’s position on free trade)

Related
The “Catholic” Arm of Libertarianism
How the Money Power created Libertarianism and Austrian Economics
Faux Economics

Responding to Gary North

Far from dispelling anything claimed in our article, Gary North as a first hand witness corroborates major elite funding of Libertarianism.

Gary North responded to ‘Proof Libertarianism is an Illuminati ploy

Gary North’s main function in the Libertarian movement is to maintain internal party discipline. By lashing out at people opposing Austrian Economics’s many glaring failings, the more feeble minded multitude within Libertarianism are discouraged from asking too many difficult questions. After all, who wants to be called a crackpot by Gary North, right?

That’s why he opens his ‘rebuttal’ by trying to insult both me and Ellen Brown with “Let me say, before I begin, that the author of this article is the only person I have come across who could profitably study with Ellen Brown.”

He can rest assured. I have studied Brown and benefited immensely from it, like millions more. I always read her latest articles, providing insight into the dynamics of the banking industry and their minions. Here is her latest excellent piece of work, exploring some of the dynamics behind the Euro Crisis.

North at alia need this kind of juvenile stuff, because you can imagine the discomfort when people start messing up the jolly good time we’re all having together with questions like ‘are you sure Gold is not completely controlled?’, or ‘how about interest on the money supply, shouldn’t we be getting rid of that?’, or ‘why are we calling for deflation, hurting debtors, while everybody is drowning in debt and while we claim this is the problem?’.

Peter Schiff is another one of their gatekeepers. Just look at this video:
[youtube=http://www.youtube.com/watch?v=nJj6og-IJQI]

Does this remind you of anything? For instance how the MSM handle opposition? What has this got to do with dialogue and a fair exchange of ideas aimed at mutual growth?

This is just a hitpiece, trying to murder Brown by not letting her talk. Evading the issues, impolitely interrupting, scoring points instead of trying to understand what she’s actually saying.

Intellectual dishonesty is one of the hallmarks of the leaders of Libertarianism. How can it be otherwise? They have to claim Bankers hate Gold, otherwise nobody would buy their specie. They have to downplay the importance of interest on the money supply, otherwise nobody would be listening to them. They have to circumvent the deflation issue, because it makes them look so bad in the eyes of everybody who knows what they’re talking about. They have to blame the State and ignore the Money Power, otherwise they lose their sponsors.

So it is in this context that we should consider Gary North’s uncivilized and dishonest way of debating.

These issues show in his response to ‘Proof Libertarianism is an Illuminati Ploy‘ too.

North’s ‘detailed research’
Gary North is well known not only for his foul mouth, but also for his ‘detailed’ work. He has no problem writing 30 books about one.

I’m not going to go into all of that, because all this ‘meticulousness’ aims only to distract from the bottom line, which we will get to shortly.

But just for the fun of it, however, let me ask you this: spend 30 seconds on Google and try to find Otto Kahn’s quote that I provided in the article.
Here it is again: “You say that Marxism is the very antithesis of capitalism, which is equally sacred to us [The Money Power] It is precisely for this reason that they are direct opposites to one another, that they put into our hands the two poles of this planet and allow us to be its axis. These two contraries, like Bolshevism and ourselves, find their identity in the International.”
Otto Kahn, Investment Banker

Please tell me: did you succeed? Did you find the source? So how come Gary North and his meticulous research comes up with the conclusion ‘there is no source’?

Also funny to see North quote Volker’s biography. Yes, a really good Christian family, not? Well, perhaps this is the level of thinking in the circles that Gary North hangs out with, but where I come from we have a little problem with this fairy tale: The Money Power does not care about religion and Marrano Jews have been among those messing up our affairs for quite some time.

The Dialectic
More worrying is North’s apparently rather shaky conceptual grasp of the dialectic. In his response he makes a number of remarks indicating he does not really get the point.

First he comes up with this: “Anyway, the author believes in Marx’s dialectic. This indicates a certain lack of perception on his part. The Marxian dialectic had some tough times back in 1991. You may have read about this. The Communist Party did the unforgivable. It committed suicide.

Ahum? North is telling us Marxism is dead? Is he serious?

But then he comes up with this: “Austrian theory has about at much impact on mainstream economists as it had on Alan Greenspan, the bubble master.

Well, as readers of this site know all too well: Alan Greenspan is actually a leading Austrian Economist. In his famous essay ‘Gold and Economic Freedom‘, published in Ayn Rand’s ‘Objectivist’ newsletter, Greenspan opened with:
An almost hysterical antagonism toward the gold standard is one issue which unites statists of all persuasions. They seem to sense — perhaps more clearly and subtly than many consistent defenders of laissez-faire — that gold and economic freedom are inseparable, that the gold standard is an instrument of laissez-faire and that each implies and requires the other.

And don’t think for a minute this was just youthful vice. Here’s the grand old man in 2007, explaining we need a Gold Standard:
[youtube=http://www.youtube.com/watch?feature=player_embedded&v=z5MVsm2cpc0]

So how can this be? Well, let’s ask Otto Kahn: “You say that Marxism is the very antithesis of capitalism, which is equally sacred to us [The Money Power] It is precisely for this reason that they are direct opposites to one another, that they put into our hands the two poles of this planet and allow us to be its axis

Yes, Mr. North. Both opposites are owned by the same people. Your side is owned by the same people.

But these things are not important. What matters is this:
1. “Migchels: The Volker Fund would finance all the leading Austrian Economists and would have a substantial impact on the ‘Chicago School of Economics’, including Milton Friedman.

North: This is true. I even had a summer job there in 1963. It was the best salaried job I ever had. They paid me to read.”

2. “Migchels: Many readers may be surprised to learn the extent to which the Graduate Institute and then Mises himself in the years immediately after he came to United States were kept afloat financially through generous grants from the Rockefeller Foundation. In fact, for the first years of Mises’s life in the United States, before his appointment as a visiting professor in the Graduate School of Business Administration at New York University (NYU) in 1945, he was almost totally dependent on annual research grants from the Rockefeller Foundation.”

North: This is true.”

3. North: “Mises was without a job from 1940 to 1946. New York University never paid him a dime. Rothbard worked for very little salary for most of his academic career at a school that did not have an economics department, Brooklyn Polytechnic. Highly connected?”
The point was made in the article, that Mises didn’t need a job, because he was maintained by the Rockefeller Foundation and Volker Fund. North in his response acknowledges both points.

He tries to downplay it by stating “The Volker Fund under Luhnow paid a tiny staff middle-class wages. It did help fund Hayek and Mises, because the University of Chicago and NYU did not pay the two any money.

We understand, of course, that the Volker Fund was not a UN type of bureaucracy. But we’re talking about a propaganda outlet here, disseminating ideas. One does not need a massive staff to equip libraries with books and manipulate the debate by having people like North and Rothbard read stuff, to use their conclusions to decide which ideas will be funded and promoted further.

Conclusion
North did nothing to dispel the notion of elite financing of Austrianism.

It’s just the usual dig at stupid Greenbackers, this author being so stupid he could actually learn from Ellen Brown. It’s just the usual downplaying of the facts.

The Volker Fund got a wonderful return on their 1963 investment paying North 500 bucks per month to read their drivel.

He has been promoting the same boring crap ever since.

In the mean time, I’m still awaiting a meticulously researched and detailed response to What Gary North is not telling you about Interest.

Related:
In Defense of Ellen Brown
Top Ten Lies and Mistakes of Austrian Economics
How the Money Power created Libertarianism and Austrian Economics
The Catholic Arm of Libertarianism

The “Catholic” Arm of Libertarianism

(left, Ignatius Loyala, the Marrano Jew who founded the Jesuit Order.)

The Jesuits were never true Catholics. Jesuits are part of a long-term Illuminati Jewish plot to infiltrate and subvert Catholicism from within, even though most Jesuits are probably not aware of it.

Indeed, Lew Rockwell is right: the Salamancan Jesuits, AKA the Illuminati, were behind modern Libertarianism. 

By Memehunter for Henry Makow and Real Currencies

In a reply to Proof Libertarianism is an Illuminati ploy, in which Anthony Migchels pointed to the Jewish money behind Austrian Economics, the Daily Bell noted that many prominent current Libertarians were Catholics, including Lew Rockwell, Pat Buchanan, Thomas Woods, and Justin Raimondo.

That may be true, but it does not refute the dominant Jewish character of Libertarianism. Ludwig von Mises, Murray Rothbard, and Ayn Rand were Jewish. Professor Martha Steffy Browne, a member of Mises’ private seminar on economics in Vienna, noted that 23 out of 29 attendees were of Jewish descent.

Jesuits AKA Illuminati
However, it is ironic that both the Daily Bell and Gary North attempted to ridicule our claim that Libertarianism was an Illuminati ploy.

Why? Because Lew Rockwell himself, the founder of the Ludwig von Mises Institute, actually identified the Spanish Jesuits associated with the University of Salamanca as the founders of modern “free-market” thinking.

Ignatius of Loyola, founder of the Jesuit Order and himself a student at Salamanca, was linked to the Alumbrados, the precursors of the modern Illuminati. Loyola was also a Marrano, a converted Jew.

The Jesuits were never true Catholics. Jesuits are part of a long-term Illuminati Jewish plot to infiltrate and subvert Catholicism from within, even though most Jesuits are probably not aware of it.

Indeed, Rockwell is right: the Salamancan Jesuits, AKA the Illuminati, were behind modern Libertarianism. More than that: Austrian economics descend in a straight line from the ideas of the Alumbrados. Carl Menger, the founder of the Austrian School, was strongly influenced by the Salamancan Jesuits and quoted them in his Principles of Economics.

Zionists, Jesuits, Illuminati: all in it together?
Theodor Herzl, the founder of modern Zionism, studied political economy with Menger, and law with his brother Anton Menger, at the University of Vienna.

The House of Habsburg, one of the most powerful Black Nobility families, was closely associated with Austrian economists. Carl Menger was the personal tutor of Archduke Rudolf von Habsburg and accompanied him in his travels for three years.

Ludwig von Mises was one of the closest economic advisors to Otto von Habsburg, head of the Habsburg dynasty and co-founder, with arch-Zionist Richard Coudenhove-Kalergi, of the Pan-Europa Movement which promoted a unified Europe as early as 1923.

Later, Mises worked with Coudenhove-Kalergi, who studied at the Jesuit-controlled Theresianum in Vienna and whose father was a close friend of Herzl.

From the very beginning, Illuminati elites have supported Libertarianism from behind the scenes, and they continue to do so today. As shown in “Proof Libertarianism is an Illuminati Ploy”, the ultra-wealthy Zionist Koch family founded both the Catholic-friendly John Birch Society and the Libertarian CATO Institute. Both groups endorse Austrian economics. The Koch brothers are also heavily involved in the Tea Party. Perennial Libertarian candidate Ron Paul is sponsored by business magnate Peter Thiel, a member of the steering committee of the Bilderberg Group.

Jesuits and Libertarianism today
The association between Jesuits and Austrian economics is still going strong. Universities with a significant Austrian presence are all controlled by Jesuits or by Freemasonry:  George Mason University, which hosted the first “academic” Freemason lodge in Virginia, Loyola University, and Auburn University, which was originally known as “Alabama Masonic College”. The Ludwig von Mises Institute is also located in Auburn, Alabama.

“Catholic” Libertarian Pat Buchanan, a Knight of Malta, attended Jesuit-run Gonzaga College High School and Jesuit hotbed Georgetown University.

“Catholic” Austrian scholar Thomas Woods has struggled mightily to justify the Austrian School’s endorsement of usury, which goes against authentic Catholic teachings. Woods supported his position by quoting Jesuit theologian Leonard Lessius (1554-1623), who, in his words, “played a significant role in eroding the interest prohibition.”

What is wrong with Libertarianism?
Libertarianism emphasizes individual freedom, but fails to recognize that humans are social beings, not isolated individuals. Self-interest reigns supreme for libertarians, but there is no room for social justice.

Although informed by “Catholic” Jesuit doctrines, Austrian economics accepts and even justifies usury, which is contrary to the following Bible verses: Psalm 15:5, Exodus 22:25, and Leviticus 25:36-37. Another Bible verse, Deuteronomy 23:20, states that “you may charge a foreigner interest, but not an Israelite”.

Meanwhile, the Austrian crowd has no problem calling for deflation. In fact, Austrians deny that their coveted Gold Standard is as deflationary as can be. They blame the State for everything but ignore Money Power. They refuse to see that Gold has been under the control of Money Power for centuries. Worse, they sell their specie by professing unabashedly that ‘Bankers hate Gold’.

Communism and Libertarianism: a 500-year old Illuminati dialectic
Of course, the same Jesuits AKA Illuminati who concocted Libertarianism also perfected the system of reductions, a sort of proto-Communism, in 17th-century Paraguay. These same Jesuits later taught Karl Marx, another Jew.

Libertarianism and Communism are the two poles of a 500-year old Illuminati dialectic, with extreme individualism, exemplified by Rand’s “virtuous selfishness”, at one end, and extreme collectivism, encapsulated by Marx’s “From each according to his abilities, to each according to his needs”, at the other end.

The Illuminati dialectic leaves no room for a middle ground, for a balance between individualism and collectivism, between anarchy and totalitarianism. This is the trap that they have set up for us.

It is no surprise that Jesuits and the Illuminati have been banned from several countries over the last few centuries. What is surprising is that we have forgotten how dangerous their ideologies can be, and how far they can lead us away from true freedom and happiness.

Special thanks to Anthony Migchels

 

Further reading:
How the Money Power created Libertarianism and Austrian Economics

What Gary North is not telling you about Interest
Discussing Gold and Interest with the Daily Bell
Why Gold is so strongly deflationary
Libertarianism’s main fault: Blaming the State while ignoring the Money Power

Top Ten Lies and Mistakes of Austrian Economics
In Defense of Ellen Brown

High Treason: The European Stability Mechanism (Updated!)

European Parliaments will be ratifying the European Stability Mechanism in the coming weeks. Never before has the European Union proposed anything so anti-democratic and outright fascist. Members of whatever parliament voting for this legislation commit treason and WILL be held responsible.

Treason is:
1. Violation of allegiance toward one’s country or sovereign, especially the betrayal of one’s country by waging war against it or by consciously and purposely acting to aid its enemies.
2. A betrayal of trust or confidence.

Members of Parliament voting for the European Stability Mechanism commit treason in both meanings of the word. Of course, this is their daily work, but considering the nature of the ESM it is worth recapping what we are talking about here.

The ESM is nothing less than Fiscal Union by stealth. It will allow the EU’s finance ministers to steal trillions of tax payer money to pay off banks. Without any democratic oversight. Governments will obliged to pay within seven days whatever the ESM demands. Governers of the ESM will enjoy legal immunity and the ESM itself cannot be challenged in court.

In short: all checks and balances have been destroyed and the ESM will have the right to force Governments to pay whatever it needs to bail out the banking system and broke member states.

The reason the ESM exists, is that the Eurocrats are unable to sucker the peoples of Europe into fiscal union via normal means. They are in a hurry. They cannot allow member states to default, because it would destroy Wall Street. Wall Street’s biggest banks are the counter parties in the Credit Default Swaps insuring financial institutions world wide against default. Wall Street would have to pay up and they don’t have the necessary trillions.

This explains why Goldman Sachs landed her ex-employees Galloway, Papademos and Monti in Dublin, Athens and Rome.

Read Rudo de Ruiter’s excellent article on Henry Makow’s site  for all the details.

[youtube=http://www.youtube.com/watch?v=rxMOW94V6xQ]

Check out Rudo de Ruiter’s brilliant website for more details, including his coordination of the campaign against the ESF in the Netherlands: Courtfool

Update:
In an incredible development, Prodi, former president of the EU, has admitted he and his colleagues knew this crisis was inevitable. They hoped to use it to force fiscal/political union on Europe.

Further confirmation we are dealing with an organized crime gang and that anybody voting for it as MP is a traitor.

We have opened a special page to support Rudo de Ruiter’s actions against the ESM’s ratification in the Dutch Parliament. The page is in Dutch.

Related:
The Battle for Europe: will the people or the Euro survive?

Libertarianism’s main fault: Blaming the State while ignoring the Money Power

“In all corners of the earth the words “Liberty, Equality, Fraternity” brought to our ranks, thanks to our blind agents, whole legions who bore our banners with enthusiasm. And all the time these words were canker-worms at work boring into the wellbeing of the goyim, putting an end everywhere to peace, quiet, solidarity and destroying all the foundations of the goyim States.”
Protocol 1

Among its many failings this one stands out: Libertarianism and Austrian Economics blame the State for everything, while ignoring the Money Power. By attacking Government, it covers the Money Power’s back to dominate the market through Monopoly Capitalism.

This is not to say that Government is not a problem. It is. We should not be naive about the Government’s ability to solve our problems. It can’t. The Government is not the Commonwealth.

In their own eyes, murdering the Czar was one of the Money Power’s greatest achievements. His despotism was a great example to them. Government Tyranny is a fact of history and getting rid of the Money Power would leave a power vacuum that Government would love very much to fill.

The fact alone that the Money Power managed to take control of every Government on the planet itself speaks volumes about the trust it deserves.

With the descent into an outright police state in the US and ever less friendly fascism in the EU, with ongoing mayhem in the Middle East and naked Imperial aggression now threatening Iran and World War 3 we are reminded every day of what the State is capable of.

But the problem with the Hate the State narrative is this:

Read more…

Why Gold is so strongly deflationary

You are aware that the gold standard has been the ruin of the States which adopted it, for it has not been able to satisfy the demands for money, the more so that we have removed gold from circulation as far as possible.’
Protocol 20

One of the key problems with Gold as currency is that it is strongly deflationary. Austrian Economics both denies deflation is disastrous and that Gold is deflationary and this is one of its major weaknesses.

The fact that Gold is strongly deflationary has always been one of the key issues in the debate, even in the late 1800’s.

Populists throughout the 19th and early 20th century have always fought for more plentiful money. The famous Bryant exclamation ‘you shall not crucify labor on a cross of Gold’ was not in the context of debt free money, but to allow Silver to circulate besides Gold. To improve liquidity and alleviate the scarcity in the means of exchange, depressing the economy and of course badly hurting debtors.

As mentioned earlier, Keynes wrote ‘the economic consequences of Mr. Churchill’ when Churchill put Britain back on the Gold Standard in 1925. Correctly predicting the Great Depression would result from it.

Keynes is of course the arch enemy of Austrian Economics and they have difficulty maintaining a straight face when discussing him. But it’s in an inconvenient truth for them that Keynes called this one a priori, while Austrian Economics cannot explain it away even a posteriori.

Austrians nowadays come up with the most amazing arguments to downplay the fact that the Great Depression was basically a Fed induced deflation, while on a Gold Standard. Several people have offered me this study by the Fed, ‘proving’ it was not a deflation.
How does this compare with Austrian Economics’ successful exposure of the Fed manipulation of volume of the Money Supply? Does anybody believe anything the Fed says when it comes to volume of the money supply?
Do we really need to discuss Fed studies proving it did not cause the Great Depression?

Even Bernanke himself admitted ‘we did it’ in the speech that made him famous as Helicopter Ben. Of course we don’t even believe him when he blatantly speaks truth like that, but still.

So on the one hand Austrians ‘deny’ the link between Gold and deflation. On the other hand, they try to downplay its detrimental effects. They say:’look at what happened to computers and mobile phones. Declining prices! Great right?’.

But these are examples of breakthrough technologies getting cheaper under market pressures.

Deflation has nothing to do with that. Deflation is a stagnating economy because demand is plummeting. And why is demand plummeting? Because the money supply is contracting.

For a practical example of what deflation actually really looks like we currently have Greece. But also the United States itself, with its imploding M3, exacerbated by crashing velocity,  and accompanying 20% + unemployment.

American Populists have known for ever that the only ones benefiting from declining prices are the ultra rich who use their newly found bail out riches to buy up real assets for pennies on the dollar.
Read more…

How the Money Power created Libertarianism and Austrian Economics

“You say that Marxism is the very antithesis of capitalism, which is equally sacred to us [The Money Power] It is precisely for this reason that they are direct opposites to one another, that they put into our hands the two poles of this planet and allow us to be its axis. These two contraries, like Bolshevism and ourselves, find their identity in the International.”
Otto Kahn, Investment Banker

William S. Volker (1859-1947) was a wealthy German-Jewish businessman. Dismayed by the rise of Socialism in America, he created the Volker fund to provide a reactionary ideology based on “laissez-faire” and Social Darwinism. This was to become Libertarianism.

This article was written for Henry Makow

Libertarianism and its twin sister Austrian Economics were invented by the Money Power to be the other side of the dialectic with Communism.

According to this amazing report, all non-specified quotes in this essay are taken from it, “Volker was no great scholar or thinker. The ideology he set out to create was built upside down, starting only with a set of foggy conclusions for which he had a predisposition. From these conclusions, it was the task of Volker’s considerable fortune to find a set of justifications, then an enabling ideology or “theory” that gave it all perspective and unity and, eventually, a true philosophical platform from which to launch the whole.”

Even though Volker was not an economist of philosopher he had money and, very important, influential relations with the University of Chicago, founded by John D. Rockefeller.

This turned out to be a crucial connection.

Volker’s nephew Harold Luhnow took over the Fund in 1944.

Friedrich Hayek’s ‘the road to Serfdom’ was published the same year. With its defense of ‘laissez-faire’ capitalism and claim that any attempt at regulation would inevitably lead to totalitarianism, it was exactly what the Volker Fund had been looking for. It was only then that the Volker fund started to have a real impact. It arranged for a reprint of Hayek’s book with the University of Chicago and made sure the book ended up in every library in the United States.

The Volker Fund would finance all the leading Austrian Economists and would have a substantial impact on the ‘Chicago School of Economics’, including Milton Friedman.

Von Mises, who throughout his career never held a payed job at any University, was maintained first by David Rockefeller and then for decades received money from the Volker fund and related business men, like Lawrence Fertig.
Von Mises’ biographer, Richard M. Ebeling:
Many readers may be surprised to learn the extent to which the Graduate Institute and then Mises himself in the years immediately    after he came to United States were kept afloat financially through generous grants from the Rockefeller Foundation. In fact, for the first years of Mises’s life in the United States, before his appointment as a visiting professor in the Graduate School of Business Administration at New York University (NYU) in 1945, he was almost totally dependent on annual research grants from the Rockefeller Foundation.”

David Rockefeller himself was quoted as saying: “Finally, in his most surprising statement, he revealed he considers himself a follower of the Austrian school of economics. Friedrich Hayek had been his tutor at the London School of Economics in the 1930s.

Rothbard too was financed by the Volker Fund:
“Rothbard began his consulting work for the Volker Fund in 1951. This relationship lasted until 1962, when the VF was dissolved. A major part of Rothbard’s work for the VF consisted of reading and evaluating books, journal articles, and other materials. On the basis of written reports by Rothbard and another reader – Rose Wilder Lane – the VF’s directors would decide whether to undertake massive distribution of particular works to public libraries.

Rothbard later called his work with the Volker Fund, “the best job I’ve ever had in my life.”

The Volker Fund also explored a tactic that was to find wider application later: it spawned an enormous number of organizations, loosely organized to suggest mutual independence and a ‘Libertarian Movement’. Among these was the Foundation for Economic Education, which in turn would create the Mont Pelerin Society.

The Mont Pelerin Society
The Mont Pelerin Society was named after the  Swiss Alp where the first conference was held. It was founded by Hayek with the financial support of the Volker fund, which payed for the expenses of all American participants. Key co-founders were von Mises, Milton Friedman and Karl Popper.

No less than eight  Noble prizes for Economics were to be won by Mont Pelerin members in the decades ahead. Not bad, for a ‘fringe movement, ignored by the Mainstream’.

The Mont Pelerin, in turn, oversaw the creation of many influential institutions. One of them was the Institute of Economic Affairs in London, 1955. This organization reinvented the Conservative Party, of which Margeret Thatcher was to say: “You created the atmosphere which made our victory possible… May I say how thankful we are to those who joined your great endeavor. They were the few, but they were right, and they saved Britain.

The Heritage Foundation was also a result of the Mont Pelerin Society, as were the Manhattan Institute for Policy Research and the Atlas Economic Research Foundation, which in turn birthed a plethora of think tanks, including the Fraser Institute.

The amount of money that was invested in all this was tremendous:
“John Blundell, the head of the IEA, in a speech to the Heritage Foundation, and Atlas in 1990, would identify a rare failure in the Society’s efforts. Shaking his head at the abortive attempt to subsidize academic “Chairs of Free Enterprise” in dozens of countries throughout the world, Blundell complained about wasting, “hundreds of millions, perhaps one billion dollars”. This was just one initiative among many.”

The Koch Family.
The Volker fund was disbanded in 1962. It still had $7 million in assets, which it donated to the Hoover society.

But in the mean time another very wealthy Jewish family,  the Koch family (see ‘the Zionist Billionaires that control Politics‘), had taken over the organization of Libertarianism and Austrian Economics.

Fred Koch founded the John Birch Society in 1958. Ed Griffin was educated there. He later wrote a famous book, “the Creature of Jekyll Island”. This was a rehash of Eustace Mullins’ brilliant ‘Secrets of the Federal Reserve’, with one exception: it left out all Mullins’ analysis of the Gold Standard as a Banker operation and how Britain’s demand for taxes payed in Gold were the cause of the war of Independence. Instead it called for the reinstatement of a Gold Standard. This is a key part of the story how Austrian Economics managed to take over the ‘Truth Movement’.

Koch’s son Charles Koch founded the CATO Institute, together with Murray Rothbard. The CATO Institute remains to this day a leading Libertarian outlet.

Libertarianism as a Jewish Movement
Most Leading Libertarians are or were Jewish. Von Mises, Rothbard, Ayn Rand, Irwin (and Peter) Schiff. According to Peter Schiff, his grandfather Jacob Schiff is not the same as the infamous financier.

Rothbard himself had interesting views about race and inequality in the free market: “Rothbard was proud to be a ‘racialist’ because racialism exposed the true source of inequality in a free market, namely genetics. A belief in biological racial inequality was, for Rothbard, part of the libertarian project, because racial inequality was simply how markets reflected nature. Moreover, this was no sudden conversion: Rothbard promoted the same view, as early as 1973, here.”

So Jewish Supremacism can be retraced directly to the Austrian Economics’ main proponent himself.

Conclusion
Libertarianism and Austrian Economics are not the products of maverick free thinkers. On the contrary, all leading proponents of the movement were highly connected individuals. In the early years the Volker Fund made available vast sums of money, because Austrian Economics was considered the right answer to communism, to maintain the dialectic the Money Power needs (also see: ‘Banker explained ‘Occupy America’ Scam‘).

Far from a fringe movement, Mont Pelerin Alumni collected no less than eight Noble Prizes. Alan Greenspan testified of its pervasive influence by saying in 2000:
the Austrian School have reached far into the future from when most of them practiced and have had a profound and, in my judgment, probably an irreversible effect on how most mainstream economists think in this country.

In this day and age when communism is no longer considered a threat, but with Marxism/Liberalism/Political Correctness a strong force in Western nations, Libertarianism has found a new lease of life as a way co-opting the resistance in the Alternative Media.

The dialectic continues unabated.

special thanks: Meme Hunter

Related:

Main source of this article by Anonymous: The not so spontaneous birth of the Libertarian Movement
Ron Paul’s Masonic Jewish Economics
Return of the Gold Standard imminent
Faux Economics
Top Ten Lies and Mistakes of Austrian Economics
Hate the State, Buy Gold and all will be well: the Alternative Media in Crisis

the Daily Bell responds
Gary North responds

This is a subtle appreciation by Keith Gardner of the difference between inflation and Gesell’s demurrage. Demurrage is not a theory, the Chiemgauer is also equipped with it:
http://realcurrencies.wordpress.com/2012/02/02/regional-currencies-in-germany-the-chiemgauer/