The IPCRESS Blog

Justin Raimondo and the Temple of Doom

Posted in Katin/IPCRESS Blog, New World Order by Katin on March 3, 2008

Written by Katin for IPCRESS Blog

Justin Raimondo is just another disinfo troll who seems to have attracted a wide following here on the Net. He does manage to publish some interesting bits from time to time, but his main function is to promote the bogus “Blowback” theory which legitimates the existence of an International Muslim Terror Conspiracy, and so, the bogus Global War On Terror. His main source of information here is Chalmers Johnson, a longtime employee of the CIA. After years of writing about the Soviet “Threat,” Johnson now concentrates on the Terrorist “Threat.” Same shit in a different can. Of course, he uses 9/11 as a prime example of how the “Terrorists” are coming to get us all.

Johnson and Raimondo are both major proponents of The Sky is Falling Theory of Macro Economics, and this essay highlights some of the major points of their disinformation campaign.

How is it possible to present an essay on this subject and NOT mention the word, “Globalism?” Perhaps it is because these two are merely part of a larger effort to distract the American public from the all-too-real consolidation of the World Economy. In Europe, they have massive demonstrations against Globalism, but here in the US, the very mention of the word is laughed at. The American public still refuses to believe in the existence of a North American Union, despite the fact that massive super highways and railway systems now extend from Mexico to Canada. The fact is that there is no “American Economy,” or “Chinese Economy,” or “German Economy.” There is only the GLOBAL Economy, and to dispel the existence of such a creation, disinfo experts like these two douchebags will terrify the American public with scary tales of our “Imploding Economy,” or how China and Japan are over here “buying everything,” or that the Stock Market is going to collapse, or that our National Debt will “explode.” This is all hysterical nonsense along the same vein as the International Muslim Terror Conspiracy. The Establishment has been promoting all of these disaster scenarios for decades now, and each succeeding generation latches on to them as gospel. Why? Because the People are always attracted to some form of “Justice” in our unjust society. They want to believe that some day The Super Rich will be punished for their short-sighted greed and lose their ill-gotten gains through a cataclysmic depression. The People WANT to believe in the poetic justice of an economy destroyed by reckless military spending. Radicals have been waiting for the proper “Economic pre-conditions for The Revolution” for A HUNDRED YEARS! They just keep waiting, and waiting, and waiting. Guess what? It ain’t happening! These bogus theories of impending economic doom have been a staple of The Establishment’s propaganda machine. While the Rich get richer, they merely play this song over and over again for the masses. And as the Poor get poorer, they want to believe these stories more and more. The simple fact is that ALL of the “theories” mentioned here by Johnson and Raimondo are Economic fallacies and myth. Rather than get into each one of them, I’ll describe an economic disaster theory which was seized-upon by the Marxists many years ago and later found to be an illusion.

Around 1900, Marxists were predicting a collapse of Capitalism based on the theory of “Over Production/Under Consumption.” According to the theory, as the Proletariat becomes more impoverished, it can no longer purchase the commodities it produces. The Capitalist lowers prices and produces more goods in response to this. Eventually, the workers can’t afford to buy anything (due to the constant falling wages/exploitation) and the warehouses fill-up with unsold goods. At this point, there is the inevitable economic collapse. Of course, such a collapse never took place during the early 1900′s, nor at any time afterwards; and the reason was very simple: the Capitalist controlled Effective Demand (wages) and total production of commodities. Since The Rulers controlled both sides of the equation, they would never produce more goods than the workers could afford to buy. Today, marketing is a science. Auto manufacturers know how many cars they will sell, at a certain price, in a certain region, before they are even produced. Just look around. Auto dealerships aren’t full of unsold 2006 vehicles. Despite the obvious fallacy behind the Underconsumption Theory, it still survives in various forms.

Hopefully, this illustrates the bogus reasoning behind all of these Doomsday Economic Theories. The Rulers control all aspects of the process, and so, there is no aspect of The System which escapes their management. How is it possible that Chalmers Johnson and Justin Raimondo have spotted these problems which have gone unnoticed by The Rulers for decades and decades? Are we really ruled by idiots with no idea of economic principles?

Quote:


This huge debt can be largely explained by our defense expenditures in comparison with the rest of the world.


The role of the US in the NWO/Global Economy is that of World Enforcer. The US controls the military apparatus which will defend the emerging Global Empire. Who pays for this? Why, everyone, of course. All the countries of the NWO kick-in and buy US bonds to finance the military machine.

Quote:


“One of the most significant lessons of our World War II experience was that the American economy, when it operates at a level approaching full efficiency, can provide enormous resources for purposes other than civilian consumption while simultaneously providing a high standard of living.”Except it wasn’t, and isn’t, so.


Wrong. The assumption here is that the goal of the “fully efficient” American Economy is to provide a higher standard of living for everyone. So, the analysis starts with a myth. The goal of the “fully efficient” American Economy is to provide a higher standard of living for The Ruling Class. If you give the worker bees too much honey, they get lazy, and stop working. They also have more free time on their hands and more available income, which means they can cause problems. As Orwell correctly pointed out, the REAL problem is not that we produce too little, but that we produce TOO MUCH, and this surplus value must be destroyed so as not to fall into the hands of the Working Class. The worker bees must have just enough so that they will fear losing it, yet not so much that they have enough free time and resources to get into trouble. This 3-minute reading from “1984″ sums things up quite well and anyone interested in this should watch it.

Quote:


The dollar is no longer the currency of choice: the Euro has taken its place. All that has to happen, as Johnson points out in the video above, is for the Saudis and other oil-producers to demand Euros instead of dollars, and we’re sunk.


This bit of nonsense is crucial in diverting attention away from the ongoing global consolidation. Rather than working towards a Global Economic Empire, the countries of the world are secretly plotting to destroy the US through economic subterfuge. And… for what possible purpose would they want to do this? Where would China sell all its crap? What would the Saudis do with all the oil the Americans would no longer be buying? And WHO would run the giant military machine for the NWO?

Quote:


Just as the worldwide Islamist insurgency sparked by Al Qaeda is blowback visited on us by the exigencies of the cold war era, so what we are experiencing, today, is economic blowback from our reigning ideology of military Keynesianism, which has built an economy embedded with a fatal flaw.


There’s the tip-off. Anyone dumb enough to buy-into the Al Qaeda Blowback Theory should be dumb enough to go for the Keynesian Blowback Theory. Jesus. How is it possible that the people who have successfully ruled over trillions of dollars in capital have somehow overlooked a “fatal flaw” which has been discovered by Justin Raimondo and Chalmers Johnson? Are we really to believe that The Rulers are just going to drive the world economy into destruction because they’re too stupid to fix a system which they completely control?

Quote:


it means social and political disruption on a scale we have scarcely experienced before in this country, perhaps even a revolution.


Right. The Establishment has been slipping this message into the rantings of false-opposition trolls for many years. Give the worker bees a little hope for their revolution, but have them wait until the collapse comes. They’ll be waiting for a very, very long time.

Quote:


Our mighty nuclear arsenal, which continues to expand even after the Soviet meltdown, represents trillions of dollars in frozen resources which go nowhere – that is, which produce no goods, and yield no continuing economic benefits. This has led to the fatal distortion of the American economy, and the massive misallocation of scarce resources: it is the root cause of the collapse of the US manufacturing sector.


The conclusion that military spending is the cause for the shrinking manufacturing sector is simply stupid. In the evolving global economy, everyone will have their job to do, and Asia has been designated the principal manufacturing sector. The Establishment doesn’t deny this, nor do they try and cover up the fact. Instead, they keep the public confused by maintaining a contradictory position regarding Globalism. The Globalist message is that greater consolidation will result in stability and more international trade. This massive project is the carefully coordinated product of many economists, industrialists and politicians. Globalism is the natural development of our economic system, and the economic systems worldwide. However, The Establishment simultaneously promotes the “Crisis Theory” of modern economics. This belief system exists in different forms, but they all trade off the notion the American economy is run by a bunch of short-sighted, greedy idiots who are simply pillaging the system and driving it into destruction. Johnson and Raimondo are certainly exponents of this Crisis Theory and there are many other Establishment writers and economists promoting this. The result is that people gradually adopt a conflicted understanding regarding the world economy, and especially the American economy. They notice the Globalist initiative but believe it hinges on the faltering American economy, which is doomed to fail almost any day now. In this way, people accept Globalism but do not see it as any sort of threat as it’s all being run by idiots and is most likely doomed to failure, anyway. The Establishment has a long history of disguising itself behind a facade of incompetence. The Presidency of George Bush is probably the best current example. While many people will quickly admit that George Bush doesn’t actually “run” anything, they will campaign vigorously for his removal and describe him as an “irresponsible leader.” The only thing he actually “leads” is a public relations campaign, yet people will at the same time think of him as a world leader. The Mafia is portrayed as a group of bumbling wise guys on shows like The Sopranos, and to a certain extent, this is true. Their top leadership, however, is composed of astute criminals with powerful ties to politics and banking.

The bottom line is that The Establishment doesn’t make lot of mistakes and its leadership is not composed of idiots. Even when mistakes are made, they can be controlled and used to The Establishment’s advantage. The Sub Prime Mortgage Crisis was caused by bankers assuming that the price of real estate would continue to go up. It didn’t, and a lot of loans failed. So, many small mortgage companies will go under–which benefits the major lenders. The banks have had 12 straight years of record profits, so they can afford this loss. Wall Street will use the event to alibi the decline in stock prices and people on the inside will load-up on shares sold at bargain prices. Everything will work out and the large banks and mortgage companies will be right back where they were.

The Establishment loves spreading horror stories, such as Bird Flu, Global Warming, and Peak Oil. The Giant Economic Collapse is just another myth which they skilfully employ to disguise their actual plans and confuse elements of the political opposition.

——————————————————————————————————————————————————

America – A Bankrupt Empire
Financial instability rooted in economic ‘blowback’ from our disastrous foreign policy
by Justin Raimondo January 25, 2008
LINK

As the stock market gyrates, and Federal Reserve Board meets by videoconference to inject emergency funds into the system, Chalmers Johnson’s warning that the US empire is not sustainable – that “this is the way empires end” – resonates rather ominously.

Johnson, whose most recent book is Nemesis: The Last Days of the American Republic, the third volume in his “Blowback” trilogy, argues that military expenditures are a drain on the productive capacity of the economy, and that the mistaken idea of what he calls “military Keynesianism” will eventually be our economic undoing. The US economy, he avers, has become increasingly dominated by what President Dwight Eisenhower dubbed the “military-industrial complex.” Rampant militarism has diverted vital resources away from productive use and lines of research, and given other countries – Japan and the EU – the technological edge. This trend has also hollowed out our economic base, caused a debilitating decay in the physical infrastructure, and led to a growing debt – that is an economic time-bomb that seems to be exploding … now.

How many Americans realize the US military budget is greater than that of the rest of the world combined? This doesn’t include our “off-budget” expenditures in the Iraqi and Afghan theaters, which surpass the combined military budgets of Russia and China. For the first time, the bill for the “defense” of the United States – a task left to the Department of Homeland Security , not the Defense Department – exceeds $1 trillion. And that’s just what’s public: the secret “black budget” costs are unknown, and on this score Johnson advises us to heed economist Robert Higgs, who advises us to take any official Pentagon figures and simply double them.

Empires are expensive, and the American version has a peculiarly altruistic twist to it, in that, as Garet Garrett remarked, “everything goes out, and nothing comes in.” We’ve financed it all with deficit spending, and rather than impose direct taxation – always a risky proposition – the powers that be have simply set the printing presses of the Federal Reserve on overdrive, creating a huge bubble that’s about to pop. As Johnson points out, the whole system is financed by massive borrowing:

“On November 7, 2007, the U.S. Treasury announced that the national debt had breached $9 trillion for the first time ever. This was just five weeks after Congress raised the so-called debt ceiling to $9.815 trillion. If you begin in 1789, at the moment the Constitution became the supreme law of the land, the debt accumulated by the federal government did not top $1 trillion until 1981. When George Bush became president in January 2001, it stood at approximately $5.7 trillion. Since then, it has increased by 45%. This huge debt can be largely explained by our defense expenditures in comparison with the rest of the world.”

Just as the worldwide Islamist insurgency sparked by Al Qaeda is blowback visited on us by the exigencies of the cold war era, so what we are experiencing, today, is economic blowback from our reigning ideology of military Keynesianism, which has built an economy embedded with a fatal flaw.

In the wake of World War II, the fear of another great depression was rife, and this was a motivating factor in the growth of the “defense” sector – neatly rationalized, as Johnson points out, by the Pentagon’s NSC-68, a document outlining US strategic doctrine authored by Paul Nitze, which proclaimed the cold war dogma of “guns and butter”:

“One of the most significant lessons of our World War II experience was that the American economy, when it operates at a level approaching full efficiency, can provide enormous resources for purposes other than civilian consumption while simultaneously providing a high standard of living.”

Except it wasn’t, and isn’t, so.

Public works, in the form of ever-higher military spending, created an ever-expanding war-industry that sucked vital resources into avenues that led to a cul de sac, i.e. that had no productive use, such as nuclear bombs. Our mighty nuclear arsenal, which continues to expand even after the Soviet meltdown, represents trillions of dollars in frozen resources which go nowhere – that is, which produce no goods, and yield no continuing economic benefits. This has led to the fatal distortion of the American economy, and the massive misallocation of scarce resources: it is the root cause of the collapse of the US manufacturing sector. As Johnson puts it:

“Over time, a commitment to both guns and butter has proven an unstable configuration. Military industries crowd out the civilian economy and lead to severe economic weaknesses. Devotion to military Keynesianism is, in fact, a form of slow economic suicide.”

Not only has America fallen behind by failing to modernize its capital assets and losing its technological edge, it has also corrupted its own currency. By exponentially expanding credit, the Federal Reserve is weighing down future generations with an unprecedented albatross of debt. The sheer weight is crushing the vitality out of the American economy, as military development crowds other investments out of the market. The dollar is no longer the currency of choice: the Euro has taken its place. All that has to happen, as Johnson points out in the video above, is for the Saudis and other oil-producers to demand Euros instead of dollars, and we’re sunk.

What is likely to stop the rise of the American empire dead in its tracks isn’t a sudden upsurge in the antiwar movement, the election of a rational President, and/or a sudden radical reversal by the policymaking elite after more than half a century of folly – it’s bankruptcy that will do it, long before any of these possibilities have a chance to take shape.

Not that this is anything to anticipate with glee: it means social and political disruption on a scale we have scarcely experienced before in this country, perhaps even a revolution. It surely means the end of our republican form of government, and the institution of something less free, less secure, less faithful to the teachings and traditions of the Founders. It almost certainly means the end of constitutional government in America, and the beginning of our long, slow decline – or, perhaps, a more dramatic, meteoric descent than anyone now imagines.



2 Responses

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  1. Andy said, on March 13, 2008 at 4:55 pm

    We all need something to fear… We’ve been raised on it!! So let’s not fear the collapse, but fear that there WON’T be a collapse and that things will continue on into the future until the nano-technological revolution makes it possible for microscopic electronic devices to be dispersed into our air and water supply, automatically delivering mood stabilizing drugs into the bloodstreams of anyone who dares have an original thought and for every square inch of the globe to be under constant surveillance. That’s a more realistic fear than a collapse… I think I’m going to adopt that fear as my own personal joy-substitute, you know, so I can be more “normal.”

  2. Albertsp said, on March 24, 2008 at 3:30 pm

    Brilliant page!, brother


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