Great Washington's Blog: REAL Problem Is Mercantilism
By Staff News & Analysis - October 21, 2011

If the "Occupy" Movement and Tea Party Join Together, We Can End the Malignant Partnership Between Big Government and Big Corporations … Mike Krieger writes today: The reason the liberal mainstream corporate media demonized the Tea Party is because it threatens the status quo. The reason the conservative corporate mainstream media demonizes Occupy Wall Street is because it threatens the status quo. These are textbook divide and conquer strategies being used on the American people. Do not fall for it. – Washington's Blog

Dominant Social Theme: Let's get together, take down Wall Street and build a sane and prosperous future.

Free-Market Analysis: Washington's Blog is out with an interesting analysis suggesting a partnership between the US Tea Party, which is anti-government, and Occupy Wall Street, which seems to support certain kinds of big government and is firmly anti-Wall Street.

In this DB article, we want to delve into this interesting suggestion and examine the possibilities in more detail. We want to re-emphasize the role central banking plays in these difficulties. We have written about central banking in regards to Washington's Blog here: "Mr. Washington! … Fed & Wall Street Are NOT the Same"

Washington's Blog is certainly one of the most focused and relevant offerings in today's blogosphere but we still think the emphasis of the current protests should be adjusted to emphasize central banking. The "real" problem is a small clique of central banking families and their enablers that have obtained control over modern Money Power. Here's some more from the article:

Yesterday I read a really interesting Gallup poll that stated: "Not surprisingly, Americans who consider themselves supporters of the Occupy Wall Street movement (26% of all Americans) are more likely to blame Wall Street than the federal government for the nation's economic problems. Supporters of the Tea Party movement (22% of Americans) are overwhelmingly likely to blame the government." What is most compelling to me is that 26%+22% = 48% so basically almost a majority. All we need to do is teach people that Washington D.C. and Wall Street are now the same corrupt entity.

They are one gigantic rogue trader sucking the lifeblood out of America. If we can unite these forces, which I can say with certainty agree on the important issues, we can put an end to the status quo and free ourselves of this bondage. …

Free speech advocate Lawrence Lessig told the Occupy DC rally: The tea party is also part of the 99 Percent. "What is inspiring about this movement is its potential… to rally our country around an idea that we all believe fundamentally: this government is corrupt," he said "[2008] is the first time in American history where we have seen a collapse followed by no fundamental re-regulation of the financial services sector, because they have the power to block change from either the Democrats and Republicans."

"You can build this movement to unite America around this idea that the time for crony capitalism must come to an end," Lessig said. "There is no one on the left or the right who defends the system of crony capitalism, they just practice it."

I have repeatedly noted that conservatives are wary of big government and liberals are wary of big corporations, but that all Americans hate the system of crony capitalism (also known as "socialism" or "fascism") which we have today. As I wrote Tuesday: So who is really to blame … Wall Street or Washington? The answer – which can only be seen if we take of our partisan blinders long enough to look around – is both.

Washington's Blog is very influential, getting regular pick-ups at the topnotch alternative-news websites like Zero Hedge website and Alex Jones. We admire the literary skill, dedication and insightfulness of all these parties. (In fact, among such entities we are like an ant amidst a herd of elephants). Nonetheless, we will continue to do our best to continue to point out that central banking is a bottom-line issue here.

Yes … The problem is a nexus of great central banking families and their associates and enablers, including corporations, industrial leaders, politicians, religious leaders, etc. Without the great surges of money from central banking, the rest of the corrupt (modern) system would likely wither and die.

Governments need money to control and oppress. In ancient times, the excess money was found by various kinds of financial manipulation and by conquest and rapine. But even within this context, there were often states that offered citizens a livable, tolerable environment, at least to begin with. There is no doubt "civilization" is a constant battle between society's elites and the rest.

Republics (where people can choose where to live within a geographically and linguistically consistent environment) have that signature: Greece comes to mind; the Renaissance states; the Seven (separate) Hills of Rome, the pre-Constitution 13 colonies, etc. We've written about it before.

Today's emergent one-world nexus has a different problem in our view. The current authoritarianism bearing down on the world is caused by a clique of families controlling the awesome power of money creation. These families and their enablers are intent on creating a global government, which would be oppressive indeed. They use Money Power to do it. Absent this power, which creates wars and increasing repression, it seems to us the oppressive modern state would be in serious trouble.

What too many are doing in our estimation is focusing on the present danger without dealing with the underlying environment. Central banking is a great salt-water sea. Corporations, Wall Street firms and commercial banks are the "sharks." There are a multiplicity of sharks. But drain the sea and the sharks will die. What is left will be calm again.

We confess we find this stirring stuff. The "system" has to change because as it is currently constituted it does not work. But we continue to think the basic problem comes from a group of banking families and their enablers and accomplices that have used a mercantilist approach to saddle the world with private facilities that issue endless torrents of money from nothing, ruining everybody else's lives.

After Thoughts

Washington's Blog has done us all a favor by advancing the issue of mercantilism to the front lines. Central banking is the most mercantilist ploy of all.

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