By: V The Guerrilla Economist
In a normal economy manufacturing would account for a basic minimum of 20=35% of the GDP Finance would be about 10-15%. In an abnormal economy those percentages would be completely thrown out of whack by the Speculative Bubble industry called the FIRE economy. In the first part of this series The Guerrilla has detailed the danger of the FIRE economy. In this part we will break down how it really works.
The FIRE economy was birthed not by educated, brilliant industrialist who are fueled by scientific innovation, technology, and discovery but by parasitic bankers. When the American economy grew in the industrial age to become an economic juggernaut, the parasitic bankers awoken to realize that they can make a fortune sucking the life blood out of the nation. They did this by working with politicians to offshore America’s physical (manufacturing) economy and replace it with the lie that “we are service based”. They then would create the speculative bubbles and no longer be relegated to a mere 10% or so of the economic production but be able to supplant manufacturing and the entire economy.
It is again the philosopher’s stone at work. In the Alchemical world whatever touched the legendary stone was turned to gold, thus what ever the paper of the bankers touched turned into a financial instrument. Hell, even the life of bank employees has been derivatized via their life insurance policies. Thus, they have subverted the physical economy into being a totally dependent slave of banking. The power of financialization means the banks have the power to transmute the ownership of the physical asset to themselves and leave the borrower with the perceived ownership of the asset via fictional paper facsimiles . They have worked long and hard with regulators and politicians to rob the entire nation of practically everything. Think of this this way, the con of the banksters is so complete that you practically have control or ownership of anything. Not your house, not your car (you can’t drive it without paying yearly registration/fees) even down to your own children (I am not going to go down the rabbit hole of the birth certificate and social security numbers) who along with you are the collateral of the nations debt to the bankers.
In a system such as this there can never, ever, be in any freedom whatsoever that could arise to challenge the bankers. This parasitic class to survive must turn the hosts body into a feeding frenzy. It is like a spider that injects venom into its victims to liquify their inner organs so that they can make it palatable for consumption. Thus, the western model of Central Banking and all its criminal cousins in the “investment” world are the very parts of venomous financial black widow.
Everything that we in the west have today is put from a point of a profit motive that serves those that serve Wall Street and the City of London Corporation (Thankfully both are weakened and will die horrible deaths). Any organization or individual outside that feedback loop will be destroyed, assimilated, or supplanted within the marketplace. If the business, you create is not in someway enriching the top 0.0001% than you my friend have become a threat and need to be dealt with.
Thus, you have no health care, no industry, no nothing. The parasitic class with the wealth extraction membrane called the FIRE economy needs to be dismantled and brought to heel. The purveyors of the FIRE economy are the root cause of all the wars, the inner national strife, gay vs straight, black vs white, rich vs poor (notice I said rich and not wealthy) so on and so forth.
The Constitution Does Not Work
For the total length of my life, I believed in the Constitution in its entirety, not as a living document but as literal, etched in stone ten commandment like laws. In 2020 post COVID hysteria and post US elections I no longer believe in the Constitution, as I have recognized it has one glaring and huge flaw.
The great president John Adams, who was a deep thinker and philosopher, an expert on human nature on October 11, 1798, penned a letter to the Massachusetts Militia he said:
“While our country remains untainted with the principles and manners, which are now producing desolation in so many parts of the world: while she continues sincere and incapable of insidious and impious policy: We shall have the strongest reason to rejoice in the local destination assigned us by providence. But should the people of America become capable of that deep simulation towards one another and towards foreign nations, which assumes the language of justice and moderation while its practicing iniquity and extravagance; and displays in the most captivating manner the charming pictures of candor and frankness and sincerity while it is rioting in rapine and insolence this country will be the most miserable habitation in the world. Because we have not government armed with power capable of contending with human passions, unbridled by morality and religion. Avarice, ambition, revenge, or gallantry would break the strongest cords of our constitution as a whale goes through a net. Our constitution was made ONLY FOR A MORAL AND RELGIOUS PEOPLE. IT IS WHOLLY INADEQUATE TO THE GOVERNEMENT OF ANY OTHER.”
There you have it folks, straight from one of the most brilliant men to have ever lived. That quote from Adams has been in my mind since I was in my teenage years and though we as a nation were never perfect and we had to grow and deal with many of the challenges that have occurred, I always felt that we were never truly far gone. That though America treaded the fine line between collapse and glory that we would by some miraculous act of God, be able to pull ourselves out of trouble. Then 2020 happened and that is no longer the case.
America is terminal, she is as far as The Guerrilla is concerned dead, the rot has set in and the organism is starting to shut down and die. We have the most corrupt politicians who enter politics to only to enrich themselves. We are a nation of idiots at pretty much every level. Mediocrity is embraced and mental disorders are celebrated. Our population has zero knowledge of history, they are devoid of any true critical thought. Many of our young are immoral zombies chasing the next click or the next view. Many of the population are porn obsessed, gender confused idiots with no talent, with no advanced skills, education or even capability of competing globally.
This incredible moral ineptitude is the primary reason that the constitution does not apply to modern “America”. The people are too stupid or too cowardly. The only thing that can be done is to let the whole thing collapse. After which rebuild the country with components and freedoms enshrined in the constitution; institute a meritocracy with term limits at every level except a president. The president should have no term limits, but he can lose his job or be fired at any time.
Reinstate Glass Steagall and give it more teeth. Give people more freedom over their investment decisions and cap income tax both corporate and personal at 10%. End all foreign military alliances and only seek trade and industry. Then America can be great again, industrious, and no longer a Bankster Banana Republic.