An interesting artifact of the Cold War from 1962. Jack Webb hosts a Department of Defense film in which a normal American citizen goes to sleep and has a nightmare in which America has been transformed into a Commmunist state. It has a Twilight Zone quality to it and all it needs is Rod Serling as the host instead of “Just the Facts Ma’am” Webb. I will leave to the viewers any invidious comparisons with contemporary America!
Thursday, April 25, AD 2024 2:25pm
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I shall have to watch this video tonight when I come home from neutrons ‘R us. Thanks, Donald. It is a shame we are throwing away our religious heritage as a nation for a bowl of soup as Esau did. In a way, Religion is what bind us to God and yet what gives us our freedom. But even in the old evil Roman Empire, while yet martyrs, men like St. Paul, St. Peter, St. Polycarp and St. Ignatius were still free. I hope, however, it doesn’t come to that.
First, they’ll establish a political military force and build the concentration camps they have already legislated.
Then, they’ll confiscate the fire arms.
Today, we have financial repression and monetary fascism.
“Financial Repression”: running inflation higher than interest rates to reduce government debt loads. It papers over debt-burdened economy. Fed gravely fears deflation. Connection between expanding monetary base (orienting money) and employment growth is broken. Inflation incentivizes buying before dollar value drops. No longer is it for capital investment and hiring. In this way, the State robs citizens of wealth and income, above and beyond the onerous burdens of taxation and regulations that are crushing them. The State cannot “print its way to prosperity”. The opposite is true: this policy diminishes the economy’s ability to generate true wealth. If anything, “we” are printing ourselves into the poorhouse. Now, they are running unlimited QEternity.
“Monetary Fascism”: financial interests control the State for the advancement of financial class. It is anti-free market and anti-capitalistic. The diversion operates in plain sight. It began around 1970. This differs from traditional Fascism: where State and industry work together for the advancement of the State. Today the financial/banking class enforces this ideology through the media and government with the ruthlessness of the Church during the Dark Ages: to question is to be a heretic.
The Fed ran up the stock market; then it ran up the housing bubble; now they’re running up the stock market again; and next they’ll run up the housing bubble again. The credit markets are also in a bubble.
The higher education bubble never paused or was suspended.
And, each bubble burst is blamed on the free market.
As George Orwell, said “Imagine a boot smashing a human face forever.”
What a sunny, cheerie prospect T-Shaw. Thank you for brightening the day!