When archbishop of San Salvador was brutally gunned down during Monday mass on March 24, 1980 the response from the Pope and American bishops was a big yawn. Suddenly ,supposedly the biggest defender of justice and human rights of the poor, Roman Catholic Church stood silent. Why this silence? Why Church did nothing to support and protect one of their own, a high-ranking official?
Everybody remembers Japanese economic miracle but no one remembers what was before that and it wasn’t pretty. Let’s look at Japan circa 1948, a complete collapse of economy and material supplies, huge heavy industry totally destroyed, all major cities in ruins, burned by incendiary weapons, fields polluted by chemical agents, massive deaths from starvation, freezing and decease, including radiation sickness, rampant black market, a wave of suicides and murders, massive executions of Japanese soldiers or those accused of belonging to political/military elites, often on a whim of by after 15 minute mock military trials not unlike the Japanese or German military courts.
Economic propaganda tubes spend hundreds of millions of dollars daily to make sure that Americans are deeply confused about domestic and world economy. Financial gurus, brain damaged former football players, brilliant retards who distinguished themselves by losing half of their inherited fortunes, not to mention professionally lying media types, all working hard to mess with our heads. Unfortunately, they are succeeding all to often. Below I will attempt to rectify that situation and clarify basic economic terms, victims of daily rape by erectilely dysfunctional celebrities of greed.
It’s distressing to realize that we, proud dollar worshiping Americans have no idea what FED, dollar printing extortion racket, has been actually up to, especially since 2008 crash. I will attempt to confront here all idiosyncratic, unintelligible crapshoot theories of sub-prime securities, derivatives, CDS, MBS etc., coming out of learned tin heads of academia, financial as well mental institutions. None of these deceitful terms mean anything, except they are used to cover up capital crime of XXI century perpetrated with impunity by Wall Street gamblers anonymous.
Economy, jobs, wages, unemployment, food inflation, cost of living, housing, education, career, savings, retirement we all worry about almost constantly, especially in recent decades of violent economic and financial instability that already cost hundreds of thousands lives and millions their livelihood. How this happened that honest, hard work, basic morality, humanity and personal responsibility means nothing in the world ruled by financial oligarchs destroying fabric of our society.
Alfred Nobel considered economists as con-men in his time and nothing changed since then. In late sixties of last century Wall Street took finally hold of Nobel foundation, reduced gold holdings, increased Wall Street securities holdings. Since then every year financial world pee in pants waiting for economic/financial puppet show in Stockholm and Oslo and a queue of profiteering prophets, apologists for world conquest and mayhem concocted by self indulged oligarchs from east and west.