by Vox Day
Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves.
-Andrew Jackson
The French famously say that the more things change, the more they stay the same. While the particular form that the latest banking fraud has taken is different – there were no option ARMs, mortgage-backed security tranches or electronic mortgage registration systems in the 1830s – the United States found itself similarly afflicted by the financial predations of a private central bank.
Then, as now, the bankers were inflating the money supply, speculating with the bank-created funds, paying themselves massive bonuses out of the profits whenever they won and sticking the taxpayers with the losses whenever they lost. And, just like Henry Paulson during the 2008 financial crisis, they falsely claimed that what was bad for them was bad for the country and that permitting them to experience the consequences of their failures would have a terrible effect on the American people.
In 1833, Andrew Jackson called their bluff, refused to renew the charter of the Second Bank of the United States – the first had failed in 1811 – and withdrew the federal government's money from it. Forced to operate as an ordinary bank without the benefit of a legally enforced federal monopoly, the financial geniuses who had asserted that the wealth of the country completely depended upon them went bankrupt in five years. The American people, on the other hand, went on to become the wealthiest and most powerful nation in the world despite the absence of a central bank and a bloody civil war less than 30 years later.
(Column continues at the linked source)
Vox Day is a rapist.
ReplyDeleteVox Day is a rapist, therefore he's wrong about the banksters? I love your "logic".
ReplyDeleteSo we're just taking any old source, regardless of who it is? Okay then... you'll love this.
ReplyDeleteAd Hominem is par for the course with Bret.
ReplyDeleteI don't want to dispute the roll of bankers (they're tightly regulated in Canada and still seen with suspicion) in the U.S., but it I've read the mortgage crisis and the risks taken on by the banks was partly in response to "loosening" credit" at the behest of the federal government who believed everyone should own a house as an asset.
ReplyDeleteThe money they lost on giving money to people who couldn't pay it back, they tried to make back with risky investments.
Everyone had a part to play in this one.
When did I say anything about banks? I just said Vox Day is a rapist, and he most certainly is a rape apologist. Since you can get an article about why banks are abusive from anyone, I have to wonder why you would drag a worthless piece of shit like Vox Day onto SE.
ReplyDelete[Here's a thought: write your own fucking articles. I know, that requires "thinking," but give it a shot.]
ReplyDeleteHey Bret, I do write my own articles all the time on my own blog and occasionally share them here. This is the first time I've posted another person's work here (which Nikkolas does all the time, by the way).
ReplyDeleteAs for Vox and his views, you don't have to agree with him. I can say that from what I've read up on him, he does not support rape (if you actually read those articles I linked to waaay back when you'd know this, instead you read the titles and maybe the first few sentences and assumed the worst). But that's beside the point here.
I posted this article because he highlights some information that most other people aren't discussing. If you don't like Vox or his stuff, fine, but please refrain from the Ad Hominem attacks in the future. It gets harder and harder to take you seriously when you do this.
It's hard to take someone seriously who reads Vox Popoli.
ReplyDeleteYou should research what an "ad hominem attack" is. I didn't say anything about the content this article, I didn't say, "Vox is a rapist and therefore wrong about this." I just pointed out Vox is a rapist, which he seems to be, and I point out he defends rape, which he certainly does.
["If a woman wishes to preserve her right to sexually reject a man at will, she has a perfectly viable means of doing so. Don't get married. It's really not that hard. But, once married, neither husband nor wife has the right to reject the other's marital claims."]
I didn't say anything about the content this article, I didn't say, "Vox is a rapist and therefore wrong about this."
ReplyDeleteYou're being disingenuous. What Vox Day is, is irrelevant in the context of this post.
Further, you then post anti-Semitic nonsense to make your half-assed point? Let me quote you: "Because original content on SE takes a backseat to parroted ignorance!"
Okay, the Zionist conspiracy shit is ignorant. Can you point out exactly what is ignorant in the Vox Day article? You haven't done so yet.
And as for linking to other stuff (non-original), that is also a legitimate way to post. Most bloggers do it. It is often better than summarizing something in you own weak words that someone else said better. Plus, it provides links to other sources that provide relevant information that some may want to go back to again.
So we're just taking any old source, regardless of who it is? Okay then... you'll love this.
ReplyDeleteIt's not "who it is" Ginx, it's "what it is". Or don't you know the difference? The content of the information at the link is important, don't you think?
I'm not going to read some deregulation hound's post-mortem of a problem created by people of his ilk. How nice of him to join us here in reality, where the government isn't the big bad devil and is actually the only power structure capable of wrestling with the megalithic corporate interests who are looting our nation. I'm not going to pretend he's saying anything I haven't already thought years ago.
ReplyDeleteIt's literally mind numbing to watch fools catch up on what's going on. And yes, the content of the information at the link was important... like three years ago, when people like him were screaming for government to get off the backs of private industry.
"where the government isn't the big bad devil and is actually the only power structure capable of wrestling with the megalithic corporate interests who are looting our nation"
ReplyDeleteHow cute, and primitive, and limited... tell you what, I'll fix that for you...
-The government made of whores voted in by an ignorant public have become the enforcement arm of the megalithic corporate oligarchy divisions who loot the nation having the government clear the way for expansion when dictated to by the ruling class-
Fixed it - all better.
Three years ago - try during Reagan when folks like me were screaming about the influx of the neocons and the corporate whoredom of that monkey hugging actor and his side kick George the Spook daddy (as in intelligence services) from the "love the international business with the Axis business robber barons.
You are late to the game young man...
Bret, why are you acting like a five year old pounding on the game board and then kicking the table over in a fit?
People on the right handed the keys to fools, and now the right claims no one is smart enough to drive because their car got wrecked. Boo hoo, Radio, boo hoo.
ReplyDeleteNo, the "right" are fools and the keys are where they always were - with the oligarchy.
ReplyDeleteAnd it is foolish the think the car is wrecked, I am convinced that what is happening is deliberate - it may backfire, but the destruction of this country is deliberate.
You shouldn't mistake greedy carelessness for malicious conspiracies. We're in this mess because people who take more than they deserve use their wealth to perpetuate a cycle of corruption. We can cut off the cycle, we just don't elect people who are adament about doing so. We elect people based on whether they will prevent women from having sovereignty over their own bodies, or if they will encourage homosexual promiscuity by demonizing gay commitment, or because they want to make sure people die in the streets instead of receiving healthcare.
ReplyDeleteIt actually is our choice, this is just the best we seem to be able to do now.
And I am late to the game... thanks for fucking it up for me, yuppies.
"You shouldn't mistake greedy carelessness for malicious conspiracies. We're in this mess because people who take more than they deserve use their wealth to perpetuate a cycle of corruption."
ReplyDeleteBret - isn't that self contradictory?
I don't believe in conspiracies I believe in greed and greed in this case is not careless.
The oligarchy:
Goes to the same schools
Marry into each other's families
Go to the same exclusive clubs
Do the same hookers
Vacation in the same places
Join the same frats
Invest in the same businesses
I wonder why they think like each other - (ugh)