The Race Is On You’ve been told that this is a “subprime” mortgage crisis. Do you understand the difference between a “subprime” and a “prime” mortgage crisis? You’d better bone up on the difference: At this point there is a race on between the deviant global financial elites posing as “investment houses” who are borrowing trillions of dollars basically for free and the rest of us who are paying usurious rates on a relentlessly growing debt load which we cannot service. The race is simple: Who gets to buy up all the bankruptcy assets? Right now, the enemy is buying them up for pennies on the dollar and more are coming on the market all the time as money is withheld from the citizenry, causing a continuing cascade of bankruptcies. Compare the above graph to this graph of the subprime foreclosure history and you’ll notice prime loan foreclosures are now where subprime foreclosures were just prior to 2005: Comments:2
Posted by Q on Thu, 27 Aug 2009 18:51 | # At the same time we are being blended in with the muds genetically, we’re also being blended economically into Third-world poverty. That’s the Globalists’ agenda(spearheaded by Jews), and WWIII is the end game.
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Posted by Euro on Thu, 27 Aug 2009 19:50 | # Why cancel the debt as a preliminary to a National Dividend? Plenty of deracines would prick up their ears at its mention.This would stop the bleeding.The Dividend could then begin the healing. P.S. Totally off topic,does “wintermute” comment here anymore?Where are you Wintermute?Return! 4
Posted by James Bowery on Thu, 27 Aug 2009 20:31 | # Euro, the basic problem is family/small business savings. A lot of people’s homestead assets are in savings backed by US treasury debt. Here’s an alternative: Replace all taxes on economic activities with a net asset tax on in-place liquidation value beyond an inflation-adjusted homestead value (say around $(2009)300,000 net assets)—value assessed as the taxing authority’s offer to buy said assets—and then monetize the debt by increasing the citizen’s dividend. 5
Posted by dorboguc on Fri, 28 Aug 2009 01:49 | # P.S. Totally off topic,does ”wintermute” comment here anymore?Where are you Wintermute?Return! Ask the Feds, he works for them part-time. As for all this banking stuff—why had we “better” understand it? Stop paying them beyond fundamental expenses. Don’t pay your debts. Don’t worry about your credit. Buy a piece of land for the worst case scenario and know how to subsist on very little. The government’s fucked, so fuck the government. No sympathy for home-owning fat kwans. 6
Posted by James Bowery on Fri, 28 Aug 2009 02:03 | # dorboguc, people who can’t pay their debts can’t even get jobs because job applications now involve a credit report to make sure you aren’t a risk for the employer. Moreover, the Feds _will_ impound your bank account if you don’t pay taxes. If you try to get by without a bank account you’ll find it more than a little difficult to do little things like get water and electricity not to mention an internet connection. If you try to get food stamps they’ll ask you for your latest tax return (unless you’re of a “protected class” in which case you’ll have “community organizers” seeing you through that problem). If you go to get tools to work your little piece of land… Well, GT has the answer to that: Just fabricate a manually powered Southbend lathe with your bare hands from iron ore and wood you find on your little acre of subsistence land and use it to fab a well borer before you die of thirst, then build a wind generator… or are you supposed to build a 10-inch gun first? Anyway, one thing GT didn’t tell us is where we’re supposed to dump our wives and kids off. Does he have Israeli connections for the white slavery market? Oh, you can’t get as far as the Southbend lathe? Well, then I guess you’re one of the “kwans”. 7
Posted by Drifter on Fri, 28 Aug 2009 04:26 | # Okay, this is a wealth transfer from the lower to the upper. Business as usual, really. Poverty plus plenty of food results in an increase in fertility rate after lifestyle adjustments. Assuming the food supply isn’t changed, this spells a surplus of still-warm young bodies fitted with rifles and combat boots in twenty years. 9
Posted by Frank on Fri, 28 Aug 2009 06:04 | # GT didn’t call for such a minuscule economy of scale and didn’t declare total economic secession… did he? And he’s certainly not a neo-Luddite... 10
Posted by White Preservationist on Fri, 28 Aug 2009 06:29 | # Mr Bowery: you might want to look in to the economic ideas of the Physiocrats; they were an early French group of proto-economists that believed all ‘wealth’ is ultimately derived solely from land and land development. In my opinion, the Physiocrats quantified economics almost entirely and thus nearly all economic theorizing since them has been nothing more than a bunch of Jew-manipulated hogwash. I too consider myself a Physiocrat just as many of the American Founding Fathers did. However, the rapid and very disorganized rise of industrialism in The West during the 19th Century has complicated matters, but not so much so that it cannot be figured out. Otherwise, we would be smart to follow the ‘KISS’ school of economics (‘keep it simple stupid’) instead of stooping down to the level of the dissimulating Jewish liars and parasites. The fact is that we modern White Westerners are utterly swimming in overcapacity/oversupply, and everything which is needed for raw existence is found in overabundance including food/water, adequate shelter/clothing, and energy/transport - beyond those basic items we are just talking unneeded luxuries which only tend to make people fat and lazy and liberal. Otherwise, there is a massive overproduction of needed goods and services all around us - there is no shortage and there never will be barring an unforeseen global catastrophe of some sort. All of this fake garbage related to banking and money supply and derivatives and debts and credit default swaps is just what it sounds like…stinking rotting Jew-garbage. International finance Jewry just wants to scramble people’s brains with their endless Talmudic droninga and illusory lies on these bogus topics related to economics which even they don’t really understand - in fact, no one truly understands it all in totality, thus the legions of (often Jewish) economists needed just to come up with a bunch of cooked numbers to report to the public. All international plutocratic finance Jewry cares about is that they get to continue to control the printing presses and enslave non-Jewish peoples (mostly Whites and/or their governments) via various forms of Jew-created central banking debt—that’s it. —- To re-post a comment I recently made over on Occidental Dissent: The utter bankruptcy of both the mainstream Left and Right in the USA and elsewhere is revealed by their utter obsession with money and ‘markets’ and all such related degeneracy; these people are nothing more than fat greedy pigs fighting for their spot to sop up the poisonous slop at the Jewish trough of Mammon…it’s a truly disgusting spectacle—this neverending pursuit of money which has been forced upon us by the Judeoplutocratic money-masters is quite clearly destroying the spirit of White-Western peoples.
If y’all are interested in reading more about how the corrupt and degenerate Judaic rule of base money-values has so corrupted White-Western culture, you can also check out some of the stuff collected @ http://www.yamaguchy.netfirms.com/ - a lot of it is pretty good. 11
Posted by Colin Laney on Fri, 28 Aug 2009 07:51 | # P.S. Totally off topic,does ”wintermute” comment here anymore?Where are you Wintermute?Return! Euro, Wintermute seems to have had his fill of conversation here. If you’d like, contact Guessedworker for a gmail address at which you can reach him - - I understand that, though retired from public life, Wintermute enjoys correspondening with his fans very much. The last time I talked with Wintermute, he was eagerly and insistently pressing William Joyce’s “Twilight Over England” on me. He kept referring to it as a sort of skeleton key to understanding the political and economic forces that obtained in prewar England and also the modern day West. Of course he is always very keen on books, as I’m sure his readers know. .pdf copies of the book can be found here: http://www.archive.org/details/TwilightOverEngland I’m sure GW can set you up with an address. Best, Colin 12
Posted by Euro on Fri, 28 Aug 2009 18:39 | # Great link,Preservationist.And many thanks to Colin for the helpful response. 13
Posted by Captainchaos on Fri, 28 Aug 2009 18:47 | # William Joyce wrote:
And:
Sounds like he’s got the faith gene bad. Of course we all know the idealism associated with the faith gene is little better than the piss and shit which flows through the gutter. 14
Posted by Colin Laney on Sat, 29 Aug 2009 02:09 | # More on William Joyce: http://www.ety.com/HRP/walshcomments/martyrdomofwilliamjoyce.htm
http://www.ety.com/HRP/walshcomments/martyrdomofwilliamjoyce.htm 15
Posted by Captainchaos on Sat, 29 Aug 2009 02:51 | # Colin, I would greatly appreciate it if you could from time to time grace us with the provision of more reading material you are aware of extant online consistent with what you believe will make us more aware of ourselves, to the meaning of our existence and that of the struggle to secure it. Like you I yearn for the ideal, for the world to be reborn as its better self. Perhaps reading of the dreams, and the men who dreamed them and died martyrs deaths to make them real, is nothing more than food for our own souls. GW claims he is not a dreamer and the dream has no resonance with him, I have a hard time believing that. However, in my life I interact with only a few people with which idealism has any inkling of importance, and many more with whom for whom practicalities have precedence, yet the practical people seem more to have a visceral understanding of the importance of their peoplehood, bubbling just beneath the surface. Or perhaps the yearning for a better world is just suppressed in them, I don’t know. How to get our people to do what is needed of them to survive? Perhaps the dream only is relevant insofar as that which is necessary to motivate the kinds of people we need to lead the practical people along. 16
Posted by fellist on Sat, 29 Aug 2009 10:40 | # I have the edition of ‘Twilight over England’ put out by the Imperial War Museum in the 1990s. In the introduction we are warned about Joyce’s anti-Semitism, exemplified by his ‘gross error’ in labelling Leopold Amery a ‘Hebrew’—damn anti-Semites, right about everything! http://www.jewishvirtuallibrary.org/jsource/History/amery1.html 17
Posted by WP on Sat, 29 Aug 2009 23:58 | # William Joyce was certainly a fascinating character and an excellent fighter for White rights against the war-mongering international Jewish economic-parasites. Does anyone know where we can hear any of his old WWII broadcasts? And thank you Colin for giving us that link to his book Twilight Over England - I had heard of it and was looking to dload it from somewhere. In addition to the excellent and very revealing WWII broadcasts of the brilliant American poet Ezra Pound (as I’m sure most here are now familiar with), there was also a guy named John Amery who also made pro-Axis broadcasts during WWII - this was also more humiliating from the British Allies because John Amery was the son of Leopold Amery who was a British politician as was mentioned above the commenter ‘fellist.’ Even though John Amery was partially Jewish he still supported the cause of the Axis Powers and especially National Socialist Germany - he might not have even been aware that he was partially Jewish during his life. There was a 2005 book written about the Amery family entitled Speaking for England: Leo, Julian and John Amery, The Tragedy of a Political Family by David Faber (Jew)—though I’m not sure if it contains any of John Amery’s pro-Axis speeches and writings. Do you all know where we can get any other writings or speeches by similar pro-Axis ‘defectors’ who fled the Jew-infested Western countries of the Allies to work or fight for the righteous cause of the Axis during WWII? 18
Posted by Desmond Jones on Sun, 30 Aug 2009 06:32 | # Carleton Putnam Race and Reason Day Speech 10/26/61, via n/a, is well worth hearing. 19
Posted by James Bowery on Sun, 30 Aug 2009 16:39 | # Frank writes: GT didn’t call for such a minuscule economy of scale and didn’t declare total economic secession… did he? My perhaps a-bit-unfair sarcasm toward GT’s stance is based on his failure to explicate exactly what economy of scale is necessary for his version of “microcommunity” since it is central to its practicality. If I’m a billionaire I have a lot more options than if I’m broke, so that’s one dimension: How much money—or if you prefer, ounces of gold—does one need to capitalize one’s “social startup”? That means how much land and what kind of land, how many and what kinds of tools, how much recruiting effort, how many month’s rent or mortgage payment, food, utilities, etc. His continual berating people who are bereft of material resources and then militant misinterpretation of my statements about single combat in the context of my pointing out a social fault-line between levels of intelligence or accomplishment—used to turn our natural leadership against their own—that I have taken steps to repair in my own life, renders his contributions far less useful than they could be. 20
Posted by Captainchaos on Sun, 30 Aug 2009 18:08 | # More germane than personal spats to the debate of the respective merits of a citizen’s dividend versus microcommunity, with the mutually assumed ultimate goal of securing the genetic continuity of our race, is the relative likelihood of the former versus the latter achieving said goal. So there is a group, a microcommunity, or several, out there in the boonies, they try to say what needs to be said to the lemmings to get them to grant the microcommunity racialists local political power and its attendant at least perceived legitimacy. What if the lemmings say, “Fuck off! We ain’t buyin’ your brand!” What systematic of social pressure is there to get them on board. How about the dramatic deterioration of material conditions part of which would be the depredations committed against them by muds, er, I mean non-Whites? But microcommunitists seem to bristle at that suggestion. Why so? As it stands now, Bowery’s plan seems akin to injecting a virus into the system which would alter the system in such a way as the pressures applied by the system could conceivably achieve our ends, or at least he does a passable job of describing it ‘on paper’. 21
Posted by James Bowery on Sun, 30 Aug 2009 23:35 | # Europe, with its parliamentary system has a fighting chance at passing the citizen’s dividend. However, resilient communities are a clear winner in the United States since the only way the US isn’t going to slide into chaos is in the very unlikely event that the Republican National Committee requires a pledge of support for the citizen’s dividend platform from the candidates they back. They might eventually come around if the EU adopts it, or if enough European national parliaments adopt it, but by then it will be too late. Post a comment:
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Posted by Valerian on Thu, 27 Aug 2009 18:09 | #
James,
This sounds like something of a conspiracy, whether it was predicated on a plan of some sorts or an adaptive strategy of the global financiers to exploit this scenario. Either way things are going to get interesting as far as our epoch is concerned.