Monday, May 13, 2013

Eso’s Chronicles 165
Our Tattered Planet (8)
© Eso A.B.

If one leaves a dish filled with candy on a table, a child sees it, and—without asking whether he-she can take a piece of candy or not—just goes and takes it, and no one says a word, it will not be long before the dish will be empty. This is, because in his-her ‘known unknown’ mind, every child is a billionaire.

If the child wants more candy and begins to cry because there in no more in the dish, and the mother has another bag of it in the cupboard and without saying much pours the bag into the dish, then all will continue as before—unless before bedtime the child gets a tummy ache.

A somewhat like situation occurred in 2008, when with some help from unscrupulous financiers, the world ran out of money and assets simultaneously, and the world found itself in a financial and economic crisis. The mother of the world, the U.S. Federal Reserve in this instance, did what the mother of the child mentioned above would do: It began printing money, lots of it. It did so on the assumption that planet Earth, in spite of all evidence to the contrary, was 10 x larger than it actually is.

As a consequence of such a faulty assumption, it soon became evident that the money that was being printed had no collateral. There was no more candy to back it up with or only a very little. While many board chairmen tried to solve the problem by running to the store down the street, it was fresh out of candy, too. A virus of some sort was attacking the sugarcane fields and everyone’s larders, and factories had stopped production.

The virus, appropriately named ‘scarcity’ made everyone aware of just how serious the crisis was. It threatened with poverty not only those who had been poor since the beginning of time and lived off the refuse of candy wrapper piles left by rich kids, but Mr. Bernank* himself. Mr. Bernank was none other than the head of the printing office of the Federal Reserve Bank. Being no dummy, he had to think and act quickly.

Mr. Bernank printed money, but decided not to let the newly printed bank notes go from the Federal Reserve to the citizenry-at-large, but to branches of the Federal Reserve banks only. These banks passed the money on to their shareholders, the billionaire guys, who as anticipated, withheld it from the public. This was done on the theory that those who were wealthy should keep their wealth, and keep, at least, alive the tourist business. Of course, they who were poor or of lower middle class would never know what they missed. This did not matter, because all of these people were poorly educated, were not readers of books, and were unlikely to put together the ‘big picture’.
Though governments run by banks were not anything new [Mayer Amschel Bauer Rothschild had already uttered his famous observation (1863): “Give me control of a nation's money and I care not who makes it's laws”], Mr. Bernank, with authority to print money at will, became like Gavrilo Princip (assassinated Archduke Franz Ferdinand of Austria, 1914) the assassin of modern governments everywhere.
In Mr. Bernank’s head, and the heads of the banks and their directors, henceforth the bank was the government not as a potential, but for real, both de jure and de facto. What for 150 years ago (1863) was a meare projection, by 2013 was the new reality). Never mind that fiat money is not real, because inflated money can be deflated easily enough. What remains will not be sugarcane mulch, but a trough filled with sugar.

There is only one trouble with this splendid future for the rich: there will be no ride to the moon. The sugar trough, once emptied, will not be refilled with a fresh supply of candy. This is when the rich will throw a tan-trum and have themselves a war.

Unfortunately, wars are often preceded by a civil war, and as I wrote in my previous blog (164), I tend to believe that such a ‘civil war’ has already begun—on the quiet, of course—and is known by another name, re  ‘deep event’. Indeed, preparations for such a deep event began soon after WW2. The preparations were made by secret ‘think tanks’, hid—as some claim—in the folds of a ‘deep state’ The latter is a Turkish term, because the Ottoman Empire  did not die in the heads of Ottoman statesmen, but continues in modern Turkey, which not surprisingly continues with its own foreign policy , and has had an influence on Western intelligence services, where ‘deep states’ are best hid.

It is interesting that this ‘deep event’ is engaged in actively and aggressively by the Western nations going back to WW1, after which the Ottoman Empire was replaced (1922) by modern Turkey. Western activism is natural, if one remembers that it was the West which dismantled the empire. Even so, the conflict goes back to the Great Schism between the East and the West, and that the Schism was won by the West, firstly, by robbing the East of its religion, secondly by winning the power game. While the East never acknowledged its defeat de jure, it did partially acknowledge it by adapting the Western historical perspective. In religious orientation, the Christian part of the East abandoned Basil and accepted the Western story of Jesus in replacement. In the area of worldly power, the East continues (through ‘deep state’ tactics) to oppose the West to this day, notably in the geopolitical arena stretching from Turkey, to Syria, Iraq, Iran and on East. This is one of the reasons why Turkey has not been accepted into the European Union.

The tragedy for the East in the East vs West conflict is that the East no longer has a clear memory of Basil and what he stood for. Some repressed sense of the egalitarian teachings of Basil remains among the common people, and this was taken advantage of by Lenin and the Bolsheviks (‘big idea men’, Stalin including) in forcing through the Russian Revolution (1917). Unfortunately, the Bolsheviks imagined that the Revolution was on behalf of ‘workers’/ robotniks*, industrial workers specifically, while this author maintains that the real backers of the Revolution were people who wanted a return to the days of the subsistence economy when there was no taxation, but one lived off the land and worked only as much as was necessary to survive the winter.

It was the subsistence economy that the people lost, when they lost control over their land to the proto-Westerners, the Vikings, who besides seizing their land imposed on the native peoples taxes, the first taxed item being a free gift of the wood==the animal pelt.

It is this misunderstanding over what cause the Russian Revolution was fought that continues to hamper the East from seizing the day, when it is for its seizing. Obviously, the East can seize the day only by turning the clock back, but for this to occur, the East must receive help from, both, the nature of our planet and the nature of humankind.

*Bernank—a colloquialism for Ben Bernanke, chairman of the Federal Reserve.
**Robotnik an old Chech word . If one allows that the consonant ‘l’ may change to consonant ‘r’ (once Amsteldam = Amsterdam today), then ‘robot’ may once have been pronounced ‘lubot/ludot’, which is close to the Roman ‘ludi’ festivals or people’s festivals.

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