THE SUBVERSIONS OF THE ECONOMIC ROYALISTS
By Steve Erdmann
(Copyright, 2016, Steve Erdmann – All Rights Reserved)
<Edited by Robert D. Morningstar>
<Permission granted to quote for review and educational purposes>
Part I
“Thomas Jefferson laid out in an 1816 letter to Samuel Kercheval ‘…a totally ‘free’ market, where corporations reign supreme just like the oppressive government of old, could transform America ‘until the bulk of the society is reduced to be mere automations of misery, to have no sensibilities left but for sinning and suffering. Then begins, indeed, the bellum omnium in Omnia, which some philosophers observing to be so general in this world, have mistaken it for the natural, instead of the abusive state of man.’” (p. 63, The Crash of 2016.)
(The Crash of 2016: The Plot to Destroy America – and What We Can Do to Stop It, Thom Hartmann, Hachette Book Group, 237 Park Avenue, New York, N.Y. 10017, 2013, 291 pages)
Thom Hartmann, no stranger to writing on the “abusive states of man,” takes us on a trek of those “stages” where “in the real world, humans must confront both nature and other humans” (p. 63).
THE ROYALISTS
Hartmann takes us on a trek through the formative years of the American Revolution and how the colonists conducted what could be termed “corporate vandalism” (which included the famous Boston Tea Party) against Britain and against political factions such as John Adams’ Federalists and Congressional Acts and the Alien and Sedition Act to lock up political dissenters that were called “the rabble”—Hartmann, comparing a faction known as The Royalists, speaks of a 1786 letter in which Thomas Jefferson gave “his most explicit warning about this threat from plutocracy within, and advocating unwavering vigilance against it.”
Hartmann gives multiple examples of how The Royalists (in the form of the East India Company, the North and South expansion in the American Civil War, the crash of 1893, others) exploded and grew. Hartmann quotes President Grover Cleveland in 1888:
“Corporations, which should be carefully restrained creatures of the law and the servants of the people, are fast becoming the peoples’ masters.”
In 1907, Teddy Roosevelt passed the Tillman Act which banned corporate contributions in political elections, which was quickly countered by two dark eras of economic Royalist Rule by “Corporate behemoths” which resulted in a Gilded Age after the Great Crash of 1857 and the Civil War.
Hartmann explains the stages in which economic “bubbles” arise and how they interact with war, market crashes, the Economic Royalists, and the Great Forgettings. Teddy Roosevelt acknowledged what had been referred to as the “Robber Baron Economic Royalists.” President Franklin Roosevelt said in 1936:
“Here in America we are waging a great and successful war. It is a war for the survival of democracy. We are fighting to save a precious form of government for ourselves and for the world.”
CO-CONSPIRATORS
Gerald MacGuire and General Smedley Butler spoke of a “Business Plot” to oust FDR to maintain Royalist Rule. In testimony before the house Un-American Activities Committee, co-conspirators were named, ranging from the Rockefellers, the Mellons, the Morgons, the DuPonts, and the Remingtons.
“In the 1960s, a solid middle class had emerged,” says Hartmann, “the Royalists were horrified. The conservative intellectual base, such as Russell Kirk and W. F. Buckley, genuinely feared that if a middle class grew large enough___and politically and economically powerful enough___it would inevitably lead to social chaos.” (p. 29)
DECLARATION OF WAR
Lewis F. Powell, Jr., as a Supreme Court Justice, wrote a Declaration of War “memo” on behalf of the Economic Royalists against both democracy and, what they judged to be an overgrown middle-class. The “confidential” Powell Memo, urging the courts to be used as a “social, economic, and political instrument,” aimed at the Chamber of Commerce and other Royalist-controlled-so-called ‘free market’ systems, and the instilling of “pro-plutocratic perspectives.”
The Economic-Royalists continued in spades in the Richard Nixon, Ronald Reagan, and Bush family’s assorted Presidencies and associations. FDR proposed a Second Bill of Rights (which included eight “Rights.” One of which said there should be “the Right to adequate protection from the economic fears of old age, sickness, accident and unemployment”), but it never came to fruition.
The Wagner Act of 1935 guaranteed Americans the right to form a union and bargain collectively with their corporate employers. These new protections allowed the middle-class to thrive. Unfortunately, at times, “even attempting to unionize in the workplace,” says Hartmann, “would get you fired, at best. At worst, it could get you killed.” (p. 70)
CUNNING POLITICAL STRATEGY
In 1981, the national debt was a bit under $1 trillion; Ronald Reagan tripled the debt to about $3 trillion: more than any single president before him and one of his stated, biggest regrets. President George H. W. Bush added a trillion dollars more. George W. Bush added more than $6 Trillion to date, and nearly $16 trillion has been added to the actual debt. Most politicians promised to lower deficits and reduce the national debt.
“This could be written off as run-of-the-mill political-flip-flopping and pandering,” says Hartmann, “but it’s not. There’s a cunning political strategy behind it.”
Hartmann describes economist Jude Wanniski as a “Republican strategist/faux” in which Wanniski patterned the “Two-Santa Claus Theory”: Democrats concentrating on ‘gifts’ such as Social Security and Medicare, and the Republicans centered on “massive tax cuts.”
It was a double-edged sword, in which Republicans would Santa Claus their way into tax cuts and eventually force the Democrats to reverse roles, “play Scrooge, and eventually shoot Santa Claus.”
(Jude Wanniski: “Taxes and a two-Santa Theory,” National Observer, March 6, 1976 [http://capitalgainandgames/blog/bruce-bartlett/1701/jude-wanniski-taxes-and-two-santa-theory].)
IDEOLOGICAL MATRIX
In the matrix of the ideologues, it was Democrat President Bill Clinton, besieged by Royalist Robert Rubin (Goldman Sachs) and Alan Greenspan (Federal Reserve), who signed in the Personal Responsibility and Work Opportunity Reconciliation Act of 1996 (upholding the fraudulent myth of the ‘Welfare Queens’), and disregarded Ross Perot and allowed America to grow from a modest $15 billion deficit in 1981 to an enormous $539 billion in 2012.
“A Democrat just elected to the Presidency made no difference to the shadow government of lobbyist, corporate-funded think tanks and political fund-raiser,” says Hartmann. “Clinton chose political expediency. He chose to carry the Royalist agenda forward.”
Clinton signed the free-trade death warrant for the middle class. The Democrats turned into Eisenhower Republicans, as the Republicans turned into something completely different: they stepped up their assault, they culled a no Leisure Society; instead, just a “cataclysmic crash.”
PSYCHOPATHS
Hartmann quotes economist John Kenneth Galbraith about the on-going psychopathic “madness”: “The sense of responsibility in the financial community for the community as a whole…is nearly nil. Perhaps this is inherent…in a community where the primary concern is making money, one of the necessary rules is to live and let live…to speak out against madness may be ruin those who have succumbed to it.”
Hartmann quotes journalist Chris Hodges who described such modern-day oligopolies as Worldwide Royalists: “It’s similar to the age of the Robber Barons but in fact worse because there is no loyalty to the nation-state. The corporations are actually hollowing the country out from the inside…we’re creating a kind of neofeudalism” (p. 98)
Hartmann speaks about the tentacles of this worldwide, growing control and the looting of America by Global Psychopaths:
“American transnational corporations have historically cavorted with nations whose interests were similarly opposed to the United States – morally, at least.”
In Jeff Bercovici’s article for Forbes (“Why (some) Psychopaths Make Great CEOs,” June 14, 2011), Jon Ronson is quoted on millionaire psychopaths:
“The way that capitalism is structures really is a physical manifestation of the brain anomaly known as psychopathy.”
TO BE CONTINUED in Part II
(In the following continuation, Thom Hartmann continues to delve into the fatalistic madness of our politicians and economists who mask themselves behind hidden agendas. We also explore what Hartmann’s critics say and how he defends his beliefs).
*******
You can reach Steve Erdmann at
dissenterdisinter@yahoo.com
independenterdmann@gmail.com.
You can friend him at Facebook: https://www.facebook.com/stephen.erdmann1 —or —
Visit the Dissenter/Disinter Group — at —https://www.facebook.com/#!/groups/171577496293504/.
Steve’s Facebook email is
http://facebook.com/stephen.erdmann1/.
******
.
.
.
.
.The Boston Tea Party – Serina Vang on Mezi
https://prezi.com/xkq0jpxseb9k/the-boston-tea-party/
.
.
.
.
.
.
.
.
.
Thom Hartmann
https://en.wikipedia.org/wiki/Thom_Hartmann
.
.
.
.
.
.
Thom Hartmann
https://pbs.twimg.com/profile_images/106471855/Thomheadshot_400x400.jpg
.
.
.
.
Thom Hartmann.
..
.
.Thom Hartmann on his program
.
.
.
.
.
Lewis F. Powell, Jr.
https://api.oyez.org/sites/default/files/images/people/lewis_f_powell_jr/lewis_f_powell_jr.jpg
.
.
.
.
.
.
http://media-cache-ak0.pinimg.com/736x/b1/eb/9a/b1eb9a1fb3a801a093ee07e7435c8bc3.jpg
.
.
.
http://www.polyconomics.com/gallery/WSJ.jpg
JUDE WANNISKI
.
.
.
THE SUBVERSIONS OF THE ECONOMIC ROYALISTS
By:
Steve Erdmann
Copyright, 2016, Steve Erdmann (Permission to quote for review and educational purposes).
Part I I
In Part I of our review of Thom Hartmann’s book, The Crash of 2016: The Plot to Destroy America, I outlined the American historical scene and the present-day character of the “Royalists” who Hartmann says are working to over-throw America. In Part II, I continue to review his expose’ and also speak about his critics and some further information.
(The Crash of 2016: The Plot to Destroy America – and What We Can Do to Stop It, Thom Hartmann, Hachette Book Group, 237 Park Avenue, New York, N.Y. 10017, 2013, 291 pages, $28.00.)
“Just replace the kerosene and torches with less-lethal rubber bullets and pepper spray, and this sounds like a story from 2011, when the Occupy Movement flared up and began setting up tents in public parks all around the nation, from New York City to Chicago to Seattle. But it actually happened exactly eighty years nearly earlier, when the nation was drowning in President Hoover’s Great Depression, and not President Bush’s Great Recession…We do know that no matter how bad things get during the Crash of 2016, organized people will always find one or another and begin building the movements necessary to take on the Economic Royalists. It happened in the 1930s, and it will happen again following the Crash of 2016. We must rely on them.” (pp. 206, 207, The Crash of 2016.) (It is not a concrete prediction that a crash will definitely happen in 2016, but Hartmann warns that it will be soon, as do many other economists—SE.)
GLASS-STEAGALL ACT ELIMINATION
The relentless drive for the deregulation continued, following the dictates of the Powell Memo. Kenneth Lay of Enron wanted badly to run a division of his own company as a bank and to gamble on energy derivatives, without any regulatory oversight. Wendy Gramm (Office of Management and Budget’s Office of Information and Regulatory Affairs [OZRA] and the Commodity Futures Trading Commission) worked for Enron. Gramm, along with her husband Senator Phil Gramm, rushed for the Commodity Futures Modernization Act, the Gramm-Leach-Bliley Act, and the elimination of the 1935 Glass-Steagall Act, which Bill Clinton signed into law.
“The Madness had returned.”
Hartmann says this was a weird world of exotic financial instruments built upon “credit default swaps” and “collateralized debt obligation.” Under George W. Bush as President, the psychopathic banksters ran wild, creating out of “thin air” over $800 trillion worth of unregulated derivatives: more than ten times the annual GDP of the entire planet.
Hartmann quotes economist Steve Keen (Debunking Economics):
“It’s the structure of finance itself. There’s inherent instability in a capitalist system,” selling and creating as much debt as possible. Royalist banksters: “force-fed” the nation more and more debt. Debt financing went from 10 percent of GDP in the 1920s to 20 percent of GDP up to the year 2008.
Not only “mega-banks” (Goldman Sachs) were involved but also “mega-insurance” corporations (AIG), both “too big to fail” and “drenched in systemic risk.”
MASTERS OF THE UNIVERSE
Royalists, through a series of legal and political gyrations—such as pleadings in the South Clara County verses Southern Pacific Railroad Supreme Court case—pressed for recognition of corporations as “persons” having Fourteenth Amendment Rights, and eventually guaranteed them 1st Amendment Rights, allowing them hundreds of millions of dollars in campaign advertising and protections of “speech,” but as a means to “politically destroy” any opponent. These maneuverings, says Hartmann, “blew open the doors to a corporate takeover of American politics, the corrosive influence of corporations’ having ‘rights’ was already evident. Now these ‘unequal consequences’ have been put on steroids.”
Despite the large, unfriendly consensus of the public in 2008 that the multiple billion dollar “bailout” should not have been given to the predatory corporations, “steadily – and stealthily,” Goldman Sachs and other banking elite were “carrying out a global coup d’tat.”
A portion of the book travels through names, descriptions and profiles of entities that have contributed to the present global “crisis.” Hartmann, however, ends with several possible solutions that may give hope to citizens.
Hartmann talks about “cooperatives”—companies that are owned by employees directly bringing $500 billion in revenue to about 42 million people. He speaks about the world “after the crash.” He warns:
“…be very careful that, in doing so, you don’t hand your generation of Economic Royalists another tool they can use to one again rise up like lords and kings to take control.”
THE FRONT LINES
Hartmann also warns: “In just over three decades, the Royalists have crept in to power, destroyed the fundamentals that supported a strong middle class, allowed Wall Street and corporate psychopaths to devour working people and transform the economy into a massive get-rich-quick scheme, and nearly crashed everything, only to rise again and promise to do the same thing all over again…this is the cancer stage of capitalism…this is where we are today.” (pp. 175-176)
Hartmann says elsewhere: “Meanwhile, large corporations, wealthy people, and banks are all making money simply playing with money. This ‘financialization’ of our economy is driving us to the edge of a massive crash. Policymakers, from the Fed to the IMF to the BIS to the US Congress and the White House should all be looking back at the lessons of the 1930s – because we’re about to learn them all over again.”
(http://www.thomhartmann.com/blog/2014/07/crash-2016-gets-closer-every-day. July 3, 2014, 8:38 a.m.)
Hartmann believes the solution lies in the hands of people who know the possibility of a stable world at peace, and are willing to sacrifice and work and put themselves on the front lines of history to build a better world.” (p. 272)
“History – and the examples of Germany and Scandinavia – show us that high levels of unionization,” says Hartmann, “trade and taxation policies that favor the working class over the rich, and heavy regulation of the banking and speculative industries will build a strong and healthy working and middle-class, and thus a strong and healthy economy. Instead, the United States and much of the EU still cling to Thatchernomics and Reaganomics, and the result is the continuing decline of both economies.”
(http://www.thomhartmann.com/blog/2014/07/crash-2016-gets-closer-every-day.)
QUESTIONS ABOUT HARTMANN
Several questions have circled Hartmann’s previous associations (https://en.wikipedia.org/wiki/Thom_Hartmann). Erdmann has even raised such questions about his possible associations with the Central Intelligence Agency (CIA) in regards to his co-authoring a book that clearly attempts to point away from the CIA and to the mafia as the culprits of the Kennedy assassination (The Mafia and the Government: Two Sides of The Same Coin, UFO DIGEST, and May, 2016).
One can only scratch their head at this point, as Hartmann’s book is decidedly a Left wing, Progressive diatribe against the established and coercive ‘ruling class’ which is about to bring down the walls of stability upon us.
The structure of the CIA has been traditionally to the Right Wing and the defense of the ruling class. What could be an explanation for such a political Condondrum? The possibilities to consider are that the CIA works with all fronts and sources, liberal or conservative (especially world-travelers such as Hartmann); and that Hartmann has had a change of heart as to the over-powering CIA grasp and does not see the CIA as the primary culprit in our present dilemma. Other researchers, such as James DiEugenio and Hugh Manatee Wins, felt Hartmann’s interest and sympathy for the CIA has been far too friendly (even though CIA personnel, going against critics viewpoints, see themselves as protectors of our democracy): would they go so far as to speak out against (through Hartmann) “the Royalist Ruling Elite”?
(http://www.thomhartmann.com/users/alex-hidell/blog/2015/08/thoms-jfk-theory-wrong;
http://www.rigorousintuition.ca/board2/viewtopic.php?p=353725;
http://www.ctka.net/;http://www.ctka.net/reviews/legacy_secrecy.html;
http; //www.ctka.net/reviews/legacy_secrecy.html;
THE LIBERAL LEFT OF THE CIA
Murray N. Rothbard of the Mises Institute said in his book Left and Right: A Journal of Libertarian Thought, that the CIA as working through both political wings, Left or Right, depending on their inner needs; we quote at length and in its entirety:
“Such, then, is the face of Liberalism nakedly revealed for all to see. Here are men—and youths—willing, just as the Egg of Head was depicted in Barbara Garson’s brilliant MacBird, to accept any conditions in exchange for working within the corridors of Power. Here are men whining in terms of liberal rhetoric about the open society while they accept covert handouts and domination from America’s hired gang of patriotic thugs. And, when found out, worried about their ‘image’ and ‘credibility’ and about the poor ‘liberal’ wing of the CIA! Sheldon Sachs, president of the student government at the City College of New York, expressed not only the Liberal creed but the larger American Credo as well; in commenting on the affair he called it ‘grossly exaggerated’: ‘The funds have to come from somewhere.’ Yes, don’t they?
“Also illuminating is the revelation of the role of supposedly private and independent and charitable tax-exempt foundations in serving as covert conduits for CIA money. This sort of thing needs extensive investigation; part of it was revealed a few years ago in the pioneering work The Invisible Government, by David Wise and Thomas Ross, but obviously this was only the beginning of study of the problem.
“Above all, let us carry away from this affair the insight that, to put it baldly and bluntly, Liberalism is, in essence, a front for the CIA!”
(https://mises.org/library/liberalism-and-cia; http://alexpeak.com/twr/lar/3/1/5/.)
HARTMANN NEVER CONFESSED
Hartmann has never admitted that his CIA association blemished his private writings. Only time will tell if his book is truly ‘biting the hand that feeds him’ or are his ‘inner feelings speaking for his conscience’? Maybe honest, human error can explain some of this. Or, even, that there are those within the CIA and government that still uphold the Constitution and are truly concerned for our welfare.
##################################################################
You can reach Steve Erdmann at dissenterdisinter@yahoo.com or independenterdmann@gmail.com.
You can friend him at Facebook: https://www.facebook.com/stephen.erdmann1 —or —
Visit the Dissenter/Disinter Group — at —https://www.facebook.com/#!/groups/171577496293504/.
His Facebook email is https://facebook.com/Stephen.erdmann1.
######################################################################
.
.
.
.
.
.
Murray N. Rothbard
.https://upload.wikimedia.org/wikipedia/commons/7/72/Murray_Rothbard.jpg
.
.
.
.
.
.https://commons.wikimedia.org/wiki/File:AIG_Lobby_at_70_Pine_Street.jpg
The sign in the lobby of AIG’s headquarters at the American International Building, March, 2009, David Shankbone. (This reproduction in no way endorses the content of this article.)
.
.
.
.
.
.Goldman Sachs Central
http://specials-images.forbesimg.com/imageserve/26b32b8d376d4011b2e5873aac3396ea/960×0.jpg?fit=scale
This article can also be found on https://wordpresscom507.wordpress.com/2016/07/23/the-subversion-of-the-royalists/
The UFO Spotlight On... 
