We conservative bloggers have been quite uniform in our opinion that the end game of the elites is to convert America into a Marxist/socialist state more or less modeled on the European formula. But I have recently changed my view of what the end game is and it is not a Marxist/socialist state at all; but something quite different. What is the end game that I see coming? Well that, dear reader will be the subject of tomorrow’s post. Please stay tuned.
The above was taken from yesterdays post here at CoF. As I wrote those words, I had what I wanted to say today well mapped out in my head. It was going to be a rather short and hopefully thought-provoking essay about what I see as the end game of the Political & Financial Elite (P&FE). But, as often happens, life over rules our plans. Shortly after posting yesterday, I read a post by one of my favorite bloggers that opened my eyes to an important fact. For possibly the first time in a hundred or so years, the plans of the P&FE are meeting serious resistance. The resistance is coming from the markets. Atlas is indeed shrugging. So, I am obliged to add a second part to todays post about where the Markets say they want to go.
What is the goal of the P&FE?
Please understand as you read these words that they are nothing more the opinions of one old man and I put almost (LOL) as much value on your opinions as I do mine and I’m hopeful you will share them here today.
Contradicting popular conservative thought, which I have long shared, I said yesterday that the end game of the P&FE was not a Marxist/socialist state but something quite different. To be sure, the vision of the P&FE contains a strong socialist element but not because socialism is the ideology of the P&E, but because socialism is a tool for controlling the masses. Marxism is not something I see in their plan.
When you look at many of the big government policies that have been put in place over the last decade and in particular during the Obama administration, do you see a common thread? When I look at all the policies to restrict access to public lands, the policies of inhibiting oil and gas development while promoting high cost alternative energy programs, policies like the Patriot Act, the Food Safety Modernization Act and, the recently announced White House Rural Council just to name a few, I do see a common thread. Two of yesterday’s commentors, Patricia of the MY BLOG blog and Cheryl Pass of the My Tea Party Chronicle blog popped to it right away. The common thread that I see is the UN’s Agenda 21.
Agenda 21 policies are, in my opinion, the principal tool being used by the P&FE to bring about their vision of the future. And, what is the over-riding goal of Agenda 21? It is to concentrate people in a relatively few high density population centers, restrict mobility of the populace, reduce energy consumption, control the food supply and, control the means of production. (Note the use of the word “control” rather than the word “own”.)
I am no expert on Marxism. But I would say that Agenda 21 is anything but Marxist. If I recall correctly, Marx not only wanted wealth equally distributed but he also wanted the populations equally distributed across the lands. If someone can demonstrate that I am wrong in this, please leave me a comment. So, if the P&FE vision isn’t Marxist, what is it?
I see the P&FE vision as being best described as an oligarchy (all power in the hands of a few). I see this oligarchy as a triumvirate. A small triangle of power at the top of the all encompassing triangle that is the state. Picture a triangle with a very wide base but with very little height. The apex of this triangle is a small triangle that is the P&FE.
At the top of the triumvirate triangle is the financial elite, the banksters as I like to call them. They, as always, control the money. At one base point of the triumvirate triangle we find the political elite, who control the government(s). The political elite will indeed have their socialist programs because that is how they will control the people; but, in my opinion, the financial elite will not permit the political elite to control the means of production, that is, to own the means of production. The financial elite know that the means of product must be kept in private hand if wealth is to be expanded and that, of course, is the only thing that interests the financial elite. So, the other point at the base of the P&FE triangle will, in my opinion, be occupied by, for lack of a better term, mega-corporations. My view is that the financial elite will want the means of production to be control by a relative hand full of mega-corporations. A hand full in my mind could man hundreds to a few thousand. This I perceive is a necessity for reasons of control.
The P&FE have been very methodical slow about implementing their plan for the future, although, Obama certainly appears to be stepping on the accelerator. Time is needed to fully implement Agenda 21. Time is needed for the consolidation of the means of production.
As an aside, one aspect of Agenda 21 that gets very little attention, is the issue of population control. Population control is an important element of Agenda 21. Interestingly then, if the P&FE are to continue with their Agenda 21 plan, there will have to come a time when certain useful idiot classes will no longer be useful. For example, IMO, there will come a time when the useful idiot class we have known as illegal immigrants will no longer be useful. There will be a time when the borders will be militarized and it will become very dangerous for illegal immigrants in America.
Well, this is where I originally intended to end this post. But, alas, there is more to the story that is worth our time to look at. I’ll try to be brief.
The Markets Are Saying No To The P&FE
I think most of us have noted that there is something different about this Great Recession we are experiencing. Historically, steep recessions are followed by steep recoveries. That isn’t happening this time. I, for one, have not been able to formulate an understanding of why until I read a marvelous post yesterday by Silverfiddle at his Western Hero blog titled Crash of the Titans. Please give it a read. But, for now, I want to tell you about an article linked by Silverfiddle authored by Jeffery Snider which is titled The Aura Of the Fed Is Gone, Good Riddance. This article is by far the best debunking of the Fed and its monetarist policies that I have ever seen. It is a long article so I suggest you book mark it and read it throughly when you have time. I will try to summarize the pertinent parts very briefly.
Although Mr. Snider does not use the term P&FE, what he does tell us is that for many years the central banks (central bankers are a fundamental part of the financial elite) and the Fed in particular, have been able to create bubbles and deflate bubbles at will with their monetarist policies (You know who always ends up with the money, don’t you?). That, in itself, is probably not news to any of you. What is new, at least to me, is his explanation about why they have been able to make markets more or less respond the way they want them to respond.
According to Mr. Snider, the central bankers long ago created very successfully the myth that they trough their monetarist policies could control the future. For a very long time now, the market makers, the investors believed that the central bankers really had that kind off power and so the responded in self fulfilling manner in ways that brought about the changes that the central bankers wanted. Now, Mr. Snider tells us, for the first time. it seems that the investors finally see that the Greenspans and the Bernankes have no real power and they are refusing to respond as the Fed wants.
As you read Snider’s article, if you are like me, you will be buoyed by Mr. Snider’s apparent absolute confidence that the game of the P&FE is over. Atlas is shrugging. Atlas is flipping the all American bird at Bernanke. Unfortunately, as you continue reading you’ll find that Mr. Snider throws in a caveat. He feels there may still be enough believers in the myth that maybe Bernanke can pull one last rabbit out of his hat and produce one more recovery no matter how weak to buy more time for the P&FE. this only means that we will have to go through one more crash before we can begin the rebuilding of our republic on free market principles and tear down the Leviathan limb by limb.
If Mr. Snider is correct that the wizard behind the curtain has finally been exposed, the P&FE have to be in a state of panic and that, my friends, is dangerous. The P&FE will not go away quietly, in my opinion. Your guess is as good as mine as to how they will respond.
Well, that’s what I’m thinking. What are your thoughts?