Copyright Martin Armstrong All Rights Reserved October 8th, 2011
Get the Jews!
That phrase was common in Germany but it was not really as racist as it has been trumped up to be. It began as we see today – Get those Rich Bankers. They happened to be Jewish at the time and thus the Marxist “Get the Rich” slogans migrated into “Get the Jews” regardless of their wealth. Once you single any group out, you better be prepared for where that leads. The American Press and the love affair that has existed with Marxism really began with the Great Depression. Joseph Schumpeter made that clear that Marxism came late to America, mutated in a strange way, and became a religion (Capitalism, Socialism and Democracy).
The Occupy Wall Street movement lacks direction and therein hides the danger. The political rhetoric that emanates from the Democrats about the rich is really highly dangerous as we enter into this black hole that will suck in every aspect of the free economy and our personal liberty. The famous economist Arthur Burns (1904-1987) had written in 1947 about the Business Cycle that so many refuse to admit exists beyond the abstract:
For well over a century business cycles have run an unceasing round. They have persisted through vast economic and social changes; they have withstood countless experiments in industry, agriculture, banking, industrial relations, and public policy; they have confounded forecasters without number, belied repeated prophecies of a ‘new era of prosperity’ and outlived repeated forebodings of ‘chronic depression’” Arthur F. Burns (1947. 27)
What we are fooling around with in the midst of this economic implosion is the Dark Side of Humanity. Nobody will accept blame and thus it is always easier to blame some other group. This generic blame targeted at Wall Street by politicians is HIGHLY irresponsible, dangerous, and can easily set off such social unrest it is mindboggling. Don’t think for one moment that attacking the Jews will never happen in America. They will merely begin by attacking the banking profession and thereafter it will migrate to some other distinction using of course a different label to mask the hostility the lies beneath.
Refusing to police the market manipulators threatens to bring down the entire house of cards. The average person is incapable of distinguishing between Wall Street and those that seek to manipulate markets to gain perpetual profits without risk, and when that economic tsunami comes, they are bailed out by the taxpayer. FOR THE RECORD, THE STOCK BROKERS WERE NOT PART OF THAT GAME! So yes; this can get very dangerous if we keep blaming the rich. It will migrate to something else as always!
Get the Jews!
That phrase was common in Germany but it was not really as racist as it has been trumped up to be. It began as we see today – Get those Rich Bankers. They happened to be Jewish at the time and thus the Marxist “Get the Rich” slogans migrated into “Get the Jews” regardless of their wealth. Once you single any group out, you better be prepared for where that leads. The American Press and the love affair that has existed with Marxism really began with the Great Depression. Joseph Schumpeter made that clear that Marxism came late to America, mutated in a strange way, and became a religion (Capitalism, Socialism and Democracy).
The Occupy Wall Street movement lacks direction and therein hides the danger. The political rhetoric that emanates from the Democrats about the rich is really highly dangerous as we enter into this black hole that will suck in every aspect of the free economy and our personal liberty. The famous economist Arthur Burns (1904-1987) had written in 1947 about the Business Cycle that so many refuse to admit exists beyond the abstract:
For well over a century business cycles have run an unceasing round. They have persisted through vast economic and social changes; they have withstood countless experiments in industry, agriculture, banking, industrial relations, and public policy; they have confounded forecasters without number, belied repeated prophecies of a ‘new era of prosperity’ and outlived repeated forebodings of ‘chronic depression’” Arthur F. Burns (1947. 27)
What we are fooling around with in the midst of this economic implosion is the Dark Side of Humanity. Nobody will accept blame and thus it is always easier to blame some other group. This generic blame targeted at Wall Street by politicians is HIGHLY irresponsible, dangerous, and can easily set off such social unrest it is mindboggling. Don’t think for one moment that attacking the Jews will never happen in America. They will merely begin by attacking the banking profession and thereafter it will migrate to some other distinction using of course a different label to mask the hostility the lies beneath.
Refusing to police the market manipulators threatens to bring down the entire house of cards. The average person is incapable of distinguishing between Wall Street and those that seek to manipulate markets to gain perpetual profits without risk, and when that economic tsunami comes, they are bailed out by the taxpayer. FOR THE RECORD, THE STOCK BROKERS WERE NOT PART OF THAT GAME! So yes; this can get very dangerous if we keep blaming the rich. It will migrate to something else as always!
4 comments:
this is very much the message that I've been trying to enunciate... well said, Martin
If he is correct and we start mob hangings of bankers (worst case scenario) then the brokers will be dragged out and hung as well. Saying "I was just following orders" or "I am just a broker" won't fly with a mob. Just another possible scenario though.
That phrase was common in Germany but it was not really as racist as it has been trumped up to be. It began as we see today – Get those Rich Bankers. They happened to be Jewish at the time and thus the Marxist “Get the Rich” slogans migrated into “Get the Jews” regardless of their wealth.
That's just sloppy history by Armstrong - The roots of German antisemitism went far deeper than just "get the bankers." Talk of the "Jewish Question" was widespread in 19th century newspapers and academic circles; in fact the very word "antisemitism" was coined by an anti-Jewish agitator in 1873. Also, antisemitism was directed at Jews as communists as much as at Jews as bankers; after the "German Revolution" of 1918, Bolshevik became a byword for Jewish.
For sure indiscriminate hate of any group is wrong. But so is passing the consequences of your actions on to other people. When the bankers continued taking huge bonuses even when their irresponsibility has caused the lose of families, fortunes and even lives is in fact criminal at least to me. When politicians continue to take bribes in the form of campaign contribution at time when massive legislation is required to correct wrongs, that is criminal. When both these parties failed to step up and except the responsibility for their own actions, they invited hatred into their homes. As the saying goes "be sure your sin will find you out" and "if on the way to court, settle your debt(crimes)lest your advisory throw you in jail". Today the banks and the politician still have failed to acknowledge their crimes and the anger burns hotter everyday. So they should not be surprised when mob is at their door, perhaps an unrepentant heart requires it.
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