Editorial
Is the Sovereign Debt Crisis a Replay of the Versailles Treaty?
Here at The Daily Bell we track dominant social themes of the Anglosphere power elite (the only elite that matters) and recently we've been pointing out that much of what is going on in the (Western) world is a repeat of the early 20th century.
In an article entitled "Parallels Between Early 20th Century and Present Are Scary," we pointed out that history is indeed seemingly repeating itself. You can see the link here, and some previously created charts below.
We've pointed out these parallels in order to make the argument that much of what's going on now is intended to speed up the process of creating one-world government. We regularly try to explain that there is likely a power elite behind this state of affairs – a small group wielding enormous Money Power via its control of central banking.
It is this "cabal" that seeks formal world government and – then – control of it behind the scenes. In order to implement world government, this impossibly rich cabal or mafia uses dominant social themes (fear-based promotions) to frighten middles classes into giving up power and authority to specially prepared globalist institutions.
But it is not enough to use themes. These themes have to be reinforced by ACTIONS. That is, if one wants to scare people about, say, an oil crisis, one has to implement measures to raise prices by creating an oil shortage. This has been done (even in the recent past) by restricting oil exploration, creating wars in sensitive oil-producing areas, etc.
Here at DB we call the strategies of the power elite in aggregate "directed history" – the idea that the powers-that-be are orchestrating a maximum amount of CONTROLLABLE chaos. Once the chaos has been created, authoritarian solutions can be applied. These solutions are presented as dominant social themes.
The elites use dominant social themes that are not scarcity-based as well. A different kind of theme is one that leads to political unrest and authoritarian solutions that can then be used to advance either one-world government or wars.
Today, we have what is called a "sovereign debt crisis" wracking Europe. Many believe this crisis is merely a coincidental outgrowth of what came before, in the booming, early 2000s.
We've gone back and forth on this issue, but increasingly we come down on the side of directed history. Increasingly, we think the elites are planning and creating economic chaos in order to do what they've done before – implement authoritarian solutions as result. Out of chaos ... order.
Are there historical parallels? Maybe so. The question I want to address today is whether the current "sovereign debt crisis" is actually a replay of the infamous Versailles Treaty. The Treaty was "forced" on the Germans, and conventional history tells us that this was a "mistake."
Was the Treaty of Versailles such an innocent mistake? There are three major issues to consider here: First, German leaders were made to agree to a "War Guilt Clause" in which they admitted Germany had stared the war.
Second, Germany, having started the war, would pay reparations – a figure that ended up at an impossible (for the times) £6,600 million. Third, a League of Nations was to keep world peace. (This failed, leading to World War II and the establishment of the United Nations.)
Let's look at the parallels between the Treaty and the "sovereign debt crisis" in Europe. Do they exist? Are they identifiable? I think an argument can be made that there are. Here's a broad chart that seems to show parallels.
| Versailles Treaty | Sovereign Debt Crisis |
| • German Leaders Admit Guilt | • PIGS Leaders Admit Profligacy |
| • Impossible Reparations | • Impossible Austerity |
| • League of Nations | • IMF/ECB/SDR Expansions |
| • Rise of Fascist Leaders | • Rise of Technocrats |
The overall aim of this historical manipulation in my view is to reinforce the progress the elites are making toward a one-world order. Just as in the 20th century, economics are being manipulated to create misery, despair and ultimately further concentrations of elite power. You can see a related article on this issue here: The Technocrat Meme Descends.
The back story to all of this is the incredible aggressiveness with which elite commercial banks lent to Europe's Southern PIGS. This is perhaps the "smoking gun." If one accepts this was a deliberate effort to create first a boom and then a terrible, international bust to bring the PIGS further under control of Brussels, then the rest of the manipulation becomes clearer. It is a kind of economic terrorism aimed at creating a European super state.
Are the top elites capable of such malevolent manipulations? This strategy does not seem without precedent. One could argue that the Versailles Treaty (which determinedly doomed millions to poverty and even starvation) was a deliberate attempt to ensure that certain sociopolitical events took place in Germany, and that Germany, in fact, would turn in an authoritarian direction that would eventually, perhaps, lead to another war.
The end game, it seems to me, is formal world government. It seems on its way to happening, though the Internet Reformation is, as we often mention, proving an obstacle to its progress, in our view. In fact, the elites have taken a great risk in implementing their economic destabilization – if that's what they've done. They risk undermining the very Union they wish to consolidate. That's an article we've already written and will return to on another day.
Anyway, within the context of these larger suppositions, the above chart may prove useful. It shows, I think, how the power elite really tends to work. Those involved repeat the same historical patterns in order to achieve the intended result (consolidation of power).
Of course, those who wish to rebut such arguments will simply claim that the parallels are coincidences. When it is pointed out that modern history is replete with such coincidences, the response will be that what looks suspicious is merely a "mistake."
But there are so many mistakes! Strangely enough, the Yalta Treaty that gave away half of Europe to the Soviet Union was a mistake. The Gulf of Tonkin incident that led to the Vietnam War was also a mistake.
From an economics standpoint, the over-inflating of the New York Fed that led to the Crash of '29 and the subsequent Depression was a mistake. The great mortgage bubble of the 2000s was a mistake. The sovereign debt crisis itself was also a mistake.
EVERY time a mistake is made, the solution seems to involve increased centralization of power at the top, increased global governance, increased authoritarianism.
Here are two other charts we've presented recently. Coincidence or deliberate historical manipulation? You decide.
| Progressive Movement | Occupy Wall Street |
| • Trust Busting | • Breaking Up Big Banks & Big Corporations |
| • Wall Street regulation | • Re-regulating Wall Street |
| • Voting through referendum | • Direct Democracy |
| • Graduated Income Tax | • Making the Rich Pay their "Fair Share" |
| Early 20th Century | Early 21st Century |
| • Central Bank Inflation (Roaring '20s) | • Central Bank Inflation (Housing Bubble) |
| • Depression & Progressive Movement | • Depression & Youth Movements Worldwide |
| • Occupy Washington DC (WW I Veterans) | • Occupy Wall Street (Disaffected Youth) |
| • Reichstag Fire | • 9/11 |
| • Second World War | • War on Terror Escalating to Bigger War |
| • FDR-Like Figure to Provide Leadership | • Obama, who Models Himself on FDR |
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Posted by Aldo on 11/26/11 12:33 PM
Seems they are moving forward quickly on several fronts. A few examples below:
1."The National Defense Authorization Act Bill -S. 1867:
"The Senate is going to vote on whether Congress will give this president-and every future president - the power to order the military to pick up and imprison without charge or trial civilians anywhere in the world. Even Rep. Ron Paul (R-Texas) raised his concerns about the NDAA detention provisions during last night's Republican debate. The power is so broad that even U.S. citizens could be swept up by the military and the military could be used far from any battlefield, even within the United States itself." See Click to view link
2. Jim Rickards (author of Currency Wars) sees the beginning of the transition to SDRs within a year. See Click to view link
3.More "Free Trade" agreements, similar to NAFTA, eroding national sovereignty to WTO through various provisions including threat of litigation against governments (taxpayers) when investment expectations are thwarted.
Click to view link
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Posted by gmallast on 11/26/11 12:26 PM
Although busy beyond sanity trying to survive right now, I am trying to read "Wealth of Nations" all the way through. Trouble is trying to find the time to do so. As a result my reading is fragmentary. I have been trying to read it since at least 1976.
Anyway, the other day I picked up my copy and started reading the last chapter, "Public Debts." What is fascinating is how, 200 years ago Smith outlined the precise process by which governments go from being financed chiefly by modest taxes being funded chiefly by perpetual debt and how, financed by perpetual debt governments can grow far beyond whatever would be possible by any level of taxation. As Yogi Berra would say, it was like deja vu all over again. The same exact progression of fiscal events has been visible over the last 100 years.
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Posted by laceja on 11/26/11 12:01 PM
If is unmistakable the spiraling downfall of the greatest nation on earth was indeed engineered. There is just too much evidence to prove it. It cannot possibly have been an "accident".
However, it is possible the actual events, that have led to the financial disaster are, in detail, accidental. Just because the elite want to gain absolute power, doesn't mean they were smart enough to have had the initial intent of creating a one world government and one world currency. It is possible, they simply thought they were much smarter than they are, but nevertheless will benefit from the coming disaster.
I can't imagine anyone saying it is possible to predict the outcome of trying to manipulate the supply of currency to satisfy an economy. It's just too complicated for even the most accomplished team of computer programmers to model. It is possible the banking elite have simply had the goal to control as much wealth as possible... all of it.
So, consider this, what if it just got out of hand, so to speak. Everything has gotten so messed up, virtually every currency (fiat) on the planet has not stability whatsoever. The only logical solution is to "consolidate" them all into a single world currency. If there's only one currency, they the only evidence of the manipulation is inflation. And, of course, they (the elite) can easily manipulate the list of goods and services, that are considered in the calculation of that inflation rate. Just look at the price of food and fuel, which are no longer included.
So, it may be, the Anglosphere elite are not really all that clever at all. It may be they are simply ruthlessly focused on their goal of achieving more and more power, that they have unwittingly stumbled into opportunity. If that's the case, then the Internet reformation, as DB calls it, is indeed a magnificent opportunity to turn things around, or at least create an environment for recovery at some point.
That said, the result is the same. Doesn't matter, whether it was all intentionally engineered. The only thing that really matters and the only real hope we have is to stop just preaching to the choir, so to speak. Those of us, who have the sense to understand our situation and how to fix it, must do more to inform as many as possible and convince those, who will listen. We need to convince those, who continue to believe in the empty promises and assurances, being proffered by those who seek to enslave us all. The more of us, who know the conspiracy is not a theory, put ourselves at risk to convince others, the better chance we have of surviving.
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Posted by SoCal fellow on 11/26/11 11:31 AM
At your recommendation, I am reading 'The Controversy of Zion.' Wow! What a book!
The pieces of the puzzle are starting to fall in place for me. Thank you for helping me make sense of this strange world.
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Posted by scarlett on 11/26/11 11:00 AM
I wonder if the Daily Bell would interview Peter Dale Scott for us.
Reply from The Daily Bell
Click to view link
Biography
Peter Dale Scott, a former Canadian diplomat and English Professor at the University of California, Berkeley, is a poet, writer, and researcher. He was born in Montreal in 1929, the only son of the poet F.R. Scott and the painter Marian Scott. He is married to Ronna Kabatznick; and he has three children, Cassie, Mika, and John Scott, by a previous marriage to Maylie Marshall.
His prose books include The War Conspiracy (1972), The Assassinations: Dallas and Beyond (in collaboration, 1976), Crime and Cover-Up: The CIA, the Mafia, and the Dallas-Watergate Connection (1977), The Iran-Contra Connection (in collaboration, 1987), Cocaine Politics: Drugs, Armies, and the CIA in Central America (in collaboration, 1991, 1998), Deep Politics and the Death of JFK (1993, 1996), Deep Politics Two (1994, 1995, 2006), Drugs Oil and War (Lanham, MD: Rowman and Littlefield, March 2003), The Road to 9/11 (Berkeley: University of California Press, 2007), and The War Conspiracy: JFK, 9/11, and the Deep Politics of War (Ipswich, MA: Mary Ferrell Foundation Press, 2008).
His chief poetry books are the three volumes of his trilogy Seculum: Coming to Jakarta: A Poem About Terror (1989), Listening to the Candle: A Poem on Impulse (1992), and Minding the Darkness: A Poem for the Year 2000. In addition he has published Crossing Borders: Selected Shorter Poems (1994), published in Canada as Murmur of the Stars. In November 2002 he was awarded the Lannan Poetry Award. A new book of poems, Mosaic Orpheus, will appear in Spring 2009 from McGill-Queen's University Press.
An anti-war speaker during the Vietnam and Gulf Wars, he was a co-founder of the Peace and Conflict Studies Program at UC Berkeley, and of the Coalition on Political Assassinations (COPA).
His poetry has dealt with both his experience and his research, the latter of which has centered on U.S. covert operations, their impact on democracy at home and abroad, and their relations to the John F. Kennedy assassination and the global drug traffic. The poet-critic Robert Hass has written (Agni, 31/32, p. 335) that "Coming to Jakarta is the most important political poem to appear in the English language in a very long time."
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