[Majorityrights News] Alex Navalny, born 4th June, 1976; died at Yamalo-Nenets penitentiary 16th February, 2024 Posted by Guessedworker on Friday, 16 February 2024 23:43.
[Majorityrights Central] A couple of exchanges on the nature and meaning of Christianity’s origin Posted by Guessedworker on Tuesday, 25 July 2023 22:19.
[Majorityrights News] Is the Ukrainian counter-offensive for Bakhmut the counter-offensive for Ukraine? Posted by Guessedworker on Thursday, 18 May 2023 18:55.
Former Federal Reserve Chairman Alan Greenspan called Paul Volcker “the most effective chairman in the history of the Federal Reserve.” But while Volcker, who passed away Dec. 8 at age 92, probably did have the greatest historical impact of any Fed chairman, his legacy is, at best, controversial.
Paul Volcker’s Long Shadow
“He restored credibility to the Federal Reserve at a time it had been greatly diminished,” wrote his biographer, William Silber. Volcker’s policies led to what was called “the New Keynesian revolution,” putting the Fed in charge of controlling the amount of money available to consumers and businesses by manipulating the federal funds rate (the interest rate at which banks borrow from each other). All this was because Volcker’s “shock therapy” of the early 1980s – raising the federal funds rate to an unheard of 20% – was credited with reversing the stagflation of the 1970s. But did it? Or was something else going on?
Less discussed was Volcker’s role at the behest of President Richard Nixon in taking the dollar off the gold standard, which he called “the single most important event of his career.” He evidently intended for another form of stable exchange system to replace the Bretton Woods system it destroyed, but that did not happen. Instead, freeing the dollar from gold unleashed an unaccountable central banking system that went wild printing money for the benefit of private Wall Street and London financial interests.
The power to create money can be a good and necessary tool in the hands of benevolent leaders working on behalf of the people and the economy. But like with the Sorcerer’s Apprentice in Disney’s “Fantasia,” if it falls in the wrong hands, it can wreak havoc on the world. Unfortunately for Volcker’s legacy and the well-being of the rest of us, his signature policies led to the devastation of the American working class in the 1980s and ultimately set the stage for the 2008 global financial crisis.
The Official Story and Where It Breaks Down
According to a Dec. 9 obituary in The Washington Post:
Mr. Volcker’s greatest historical mark was in eight years as Fed chairman. When he took the reins of the central bank, the nation was mired in a decade-long period of rapidly rising prices and weak economic growth. Mr. Volcker, overcoming the objections of many of his colleagues, raised interest rates to an unprecedented 20%, drastically reducing the supply of money and credit.
The Post acknowledges that the effect on the economy was devastating, triggering what was then the deepest economic downturn since the Depression of the 1930s, driving thousands of businesses and farms to bankruptcy and propelling the unemployment rate past 10%:
Mr. Volcker was pilloried by industry, labor unions and lawmakers of all ideological stripes. He took the abuse, convinced that this shock therapy would finally break Americans’ expectations that prices would forever rise rapidly and that the result would be a stronger economy over the longer run.
They discuss Tommy Robinson, viz., his disingenuous activities as controlled opposition.
Collett was prompted to this critique having been criticized, ridiculed and denounced explicitly by Tommy Robinson (including being publicly and harshly criticized by Robinson on the day of Collett’s daughter’s birth; and subsequently by Robinson in the video shown below, as one who didn’t but should be having babies; while in fact Collett is fathering).
Laura Towler weighs-in against Tommy Robinson, as well, addressed by him in the same diatribe as “some bird” who should be having sex and making babies rather than merely hating fecund migrants - particularly the Muslims, who Tommy Robinson’s controlled opposition wants to focus on, with minimal criticism of other non English migrants, and no criticism of Jewish peoples.
Posted by DanielS on Wednesday, 11 December 2019 17:10.
Backgrounding: Boris Johnson tells the coal burner to keep her vote for Brexit on the hush and he will look the other way from her more fundamental betrayal of the nation.
The covert alliance between the Kingdom of Saudi Arabia and the Zionist entity of Israel should be no surprise to any student of British imperialism. The problem is the study of British imperialism has very few students. Indeed, one can peruse any undergraduate or post-graduate British university prospectus and rarely find a module in a Politics degree on the British Empire let alone a dedicated degree or Masters degree. Of course if the European led imperialist carnage in the four years between 1914 – 1918 tickles your cerebral cells then it’s not too difficult to find an appropriate institution to teach this subject, but if you would like to delve into how and why the British Empire waged war on mankind for almost four hundred years you’re practically on your own in this endeavour. One must admit, that from the British establishment’s perspective, this is a formidable and remarkable achievement.
Posted by DanielS on Saturday, 07 December 2019 10:55.
Claire Khaw continues to sponsor directions which are beyond abject irresponsibility, to what is outright egregious misdirection for White people. This time by means of two fools, “Focken” and “Ovfuckyou”, who insist upon misrepresenting White Nationalism as synonymous with Hitler and Nazism.
Hitler was not a White Nationalist. “White” stands for the genus of European peoples and nations. Hitler was a German supremacist and imperialist, who was bound to create the catastrophe that he did for his world view, its epistemological blunders.
Posted by DanielS on Friday, 06 December 2019 05:06.
Yoram Hazony, in Conversation with Ben Shapiro, tries to vilify the benign, eminently valid means to defend the biological European species by means of The DNA Nations Concept: The attack begins at 10:00
When she returned to Berkeley, Fay “felt energized.” So did other returnees. Mario Savio, fresh from Mississippi, launched the Free Speech Movement (FSM) at UC Berkeley that fall, kicking off the wider radical crusade of the 1960s. When the police began to clear Sproul Hall of protesting students in the early morning of December 3, Bob Treuhaft was the first one arrested; he had been called by Savio and arrived just in time for the bust. The Free Speech Movement—surprise—was every bit as Jewish as Freedom Summer. The occupiers of Sproul Hall held a Hanukkah service during the sit-in, and the biggest base of support for the radicals came from the Jews in the student body. Fay “relished seeing the Berkeley campus develop into a hotbed of Movement fervor.”[iv] The fact that it was a Jewish movement was presumably a source of pride for her, given her strong Jewish identity.
The arrestees called for legal help and Fay jumped into action. Her energy at times like this could be awe-inspiring, and the FSM members “secretly fell in love with her.”[v] Over the years, many people would describe Fay as attractive, intelligent, and generous, especially when she could immerse herself in a cause. She helped arrange for bail and performed other legal work in a blur of activity.
Shortly afterward, Fay held a Seder (a ceremonial Passover dinner) for SNCC personnel at her home. She “incorporated into it references to Martin Luther King, Jr., and the Civil Rights Movement.” This was fitting because the Jews had invested heavily in the movement; indeed, they had generally succeeded in guiding the direction of the civil rights campaign from the time they initiated the NAACP in 1909.
Fay had another reason to feel good in the spring of 1965. She and Marvin reunited and leased a house in the Berkeley flats. They made their home a haven for movement friends, who were excited by yet another looming cause: the Vietnam War. (No rest for the wicked.) They plunged into an effort to help young men resisting the draft and others demonstrating against the war. Fay, Marvin, and their lawyer friends Peter Franck and Aryay Lenske set up the Council for Justice (CFJ) to provide legal services for the entire range of leftist causes. The Executive Committee of the CFJ included Beverly Axelrod, who would soon make Eldridge Cleaver famous.
The CJF didn’t last long, but not to worry; there is always another cause, another front in the war against White society. Sure enough, one soon appeared, one that carried a menacing—murderous, even—revolutionary swagger, so calculated to set Jewish hearts aflutter. Better yet, this group was Black, and so would be entirely dependent upon Jewish brains and money.
Eldridge Cleaver & Revolutionary Glorification of Black Criminality
In the wake of Freedom Summer and the racial rancor it generated within the civil rights movement, more pugnacious Blacks rose to ascendancy in SNCC and other civil rights organizations. Stokely Carmichael became chairman of SNCC in May 1966, and quickly repudiated civil disobedience. He embraced “Black Power” and Black separatism, and by the end of the year he expelled Whites from the SNCC. A position paper worked up to explain the move stated, “All White people are racists.”[x] Jewish revolutionaries were outraged; one cited Jewish support of civil rights organizations and their “strategic role in organizing and funding the struggle,” and concluded “it was clear to everyone that [Jews] were the primary target” of Carmichael’s new racial militancy. Jews can get awfully sensitive when their revolutionary proxies get it into their heads to steer their own way.
It was in this context that the Black Panthers appeared in the Bay Area in October 1966. The Black Panthers reviled the “White power structure” but were open to alliances with White radicals. Jewish leftists immediately connected with their movement. Advocacy for the Panthers would become the dramatic climax of Fay’s career. She would throw herself into the maelstrom of pro-Panther activism with total incomprehension of their true nature, just like many other Jewish revolutionaries.
We begin with Eldridge Cleaver, because his career was so largely a Jewish creation, and provides necessary background for Fay’s new endeavor. In 1966 Cleaver was doing time for attempted rape and attempted murder. His infamous predilection for violating White women would soon be broadcast by Jewish publicists. He read politics and history in prison, but his ideas crystallized upon reading George Breitman’s book, Last Year of Malcolm X: The Evolution of a Revolutionary. Breitman, a Jew, depicted Malcolm at the end of his life as less a religious leader than a socialist revolutionary. “The Malcolm X of the Breitman book went far beyond seeing racism as a flaw in the hearts of the American people. It was endemic to the nation’s economic system, a necessary feature of capitalism. The whole structure had to go.” The book impacted Black inmates “like a lightning strike.” They now spurned mere reform or talk of civil rights; “[t]here was nothing to be gained by trying to fit in. The very structure of the society would have to be razed.” Cleaver was the inmate “who followed this line of thought most closely.” A Jew thus lit yet another spark for Black revolution.
From prison, Cleaver managed to contact Beverly Axelrod, a Jewish lawyer and veteran radical. He hoped that he could pay her legal fees with his writing, and she could win his parole. Axelrod smuggled forbidden literature into prison for Cleaver, and he gave her his numerous tracts, which she sent to Norman Mailer, whose 1957 essay “The White Negro” reminded more than one critic of Cleaver’s scribblings. With Mailer’s enthusiastic approval, she was able to get Ramparts magazine, soon to become the most prominent publication of the New Left, to publish selections. Robert Scheer, editor at Ramparts (son of a Russian Jewess and a German Gentile), also helped place Cleaver’s work in the magazine; his role would become big enough to earn the description of “perhaps the key person to launch the career of Eldridge Cleaver.”[xv] Eldridge Cleaver was a Jewish creation, and the Jews were on their way to replacing the SNCC as their controlled vehicle of social demolition.
In August 1966, Ramparts published Eldridge’s “Letters from Prison,” which included this famous passage: “Rape was an insurrectionary act. It delighted me that I was defying and trampling upon the White man’s law, upon his system of values, and that I was defiling his women.”[xvii] Whatever Beverly Axelrod thought of this passage, it didn’t stop her from falling in love with him. By the time she got him out on parole at the end of 1966, they were lovers and planned to marry. Cleaver’s book Soul on Ice came out in the spring of 1967. The book “whipped tough cultural observations in with a froth of sexual lore, and the result was a violence-steeped Maileresque Black sexual-political myth ” It featured letters to and from Beverly and was dedicated to her, “with whom I share the ultimate of love.” Jewish media sources received it rapturously; the Jewish critic Maxwell Geismar in his introduction to the book wrote that Cleaver was “simply one of the best cultural critics writing today.”
Huey Newton, 1967