Alastair Cooke: Biden "Left wants a manageably small core of rich residents, & a teeming mass of pliable poor, & nothing in between. That’s what weaponized governmental failure produces"
The urban socialist Left wants a manageably small core of rich residents, and a teeming mass of pliable poor, and nothing in between. That’s what weaponized governmental failure produces, and it’s been a wide-scale success. - Alastair Cooke
EU foreign policy advisor Alastair Crooke says the people behind "failed Civil Rights and New Deal reforms" Joe Biden saw the "'often white and male’... Middle Class... as a pain in the backside" because they along with "the EU is dependent... The Military Industrial Complex... need[ed] a free cash ‘fix’":
Those who coveted membership in this new ‘aristocracy’ cultivated their image as one of cosmopolitan, fast-moving money, glamour, fashion, and popular culture – multiculturalism suited them to perfection. Painting themselves as the political conscience of the whole of society (if not the world), the reality was that their Zeitgeist reflected primarily the whims, prejudices and increasingly psychopathies of one segment of liberal society.
Into this milieu arrived two defining events: In 2008, Ben Bernanke, Chair of the Federal Reserve, gathered together in the aftermath of the Global Financial Crisis, a room-full of the wealthiest oligarchs, ‘locking them in’ until they found the solution to the unfolding systemic bank failure.
The oligarchs did not find a solution but were released from their lock-up anyway. They opted instead, to throw money at structural problems, compounded by egregious errors of judgement about risk.
And to finance the resulting massive losses – which were over $10 trillion in the U.S. alone – the world’s central banks began printing money – since when they have never stopped!
Thus begun the era in the West where deep problems are not solved, but simply have freshly-printed money thrown at them. This methodology was whole-heartedly adopted by the EU also, where it was called Merkelism (after the former German Chancellor). Underlying structural contradictions were simply left to accumulate; kicked down the road.
A second defining characteristic of this era was that as the great oligarchs retreated from industrial production and threw themselves into hyper-financialisation, they saw advantage in adopting the burgeoning Metro-Élite agenda centred around utopian ideals of diversity, identity and racial justice – ideals pursued with the fervour of an abstract, millenarian ideology. (Their leaders had almost nothing to say about poverty or unemployment, which suited the oligarchs perfectly).
So, espying advantage, the Oligarchs too, turned radical. Led by such as the Rockefeller and Ford Foundations, Big Philanthropy and Business, they adopted woke speech and thought codes. And endorsed putting wealth directly into the hands of those who have been systematically victimized, through history. But again, deep structural change in society was addressed superficially – as simply moving money from ‘one pocket to another’.
The real problem flowing from the 2008 crisis however, wasn’t essentially financial. Yes, the losses were shifted from failing institutions balance sheets to the Fed’s, but the real structural problems were never addressed. So, people soon believed that almost every problem could be solved by speech and thought codes – married to the printing press.
Political trade-offs were no longer to be considered a requisite. Costs no longer relevant. In this environment, no problem was too big to solve through behavioural management techniques and the central bank. And if there wasn’t a crisis to mandate and ‘liquify’ agenda change, then one could be invented. And, sure enough, as soon as the U.S. Fed began to return to ‘normal’ policies in 2018 and 2019, a new, even bigger crisis was found.
Not surprisingly, in the context of what was seen as failed Civil Rights and New Deal reforms, the activist movements being funded by the Oligarchic ‘wealth funds’ turned more radical. They adopted a revolutionary cultural activism deployed to “solve problems once and for all” – aimed at bringing about deep structural change within society.
This meant shifting power once again away from the liberal Middle Class ‘who were so often white and male’ – and were therefore part to society’s structural injustice. Put simply, the western Middle Class became seen by the technocrats as a pain in the backside.
The point here is what was missed in all the talk of ‘positive discrimination’ paths in favour of ‘victims’ was the other side to the coin: Negative harmful discrimination practiced against those ‘blocking the path’ – those failing to get out of the way.
Scott McKay’s Revivalist Manifesto calls this hostile discriminatory process, ‘weaponised Government Failure’ – such as the induced government dysfunctionality in U.S. cities to drive the Middle Class away. “‘White flight’ is a feature. It’s not a bug”, its advocates preached. The urban socialist Left wants a manageably small core of rich residents, and a teeming mass of pliable poor ones, and nothing in between. That’s what weaponized governmental failure produces, and it’s been a wide-scale success.
New Orleans votes 90 percent Democrat; Philadelphia is 80 percent Democrat; Chicago is 85 percent. Los Angeles? Seventy-one percent. None of those cities will have a Republican mayor or city council again, or at least not in the foreseeable future.
The Fed however, may be attempting to implement a contrarian, controlled demolition of the U.S. bubble-economy through interest rate increases. The rate rises will not slay the inflation ‘dragon’ (they would need to be much higher to do that). The purpose is to break a generalised ‘dependency habit’ on free money.
The only question from market participants everywhere is when does the Fed pivot (back to ‘printing’) … when? They want their ‘fix’ and want it quickly.
So many are ‘dependent’: The Biden Admin needs it; the EU is dependent on it; the Re-set requires printing. Green requires printing; support for the Ukrainian ‘Camelot’ requires printing. The Military Industrial Complex needs it, too. All need a free cash ‘fix’.
Perhaps the Fed can break the psychological dependency over time, but the task should not be underestimated. As one market strategist put it: “The new operating environment is entirely foreign to any investor alive today. So, we must un-anchor ourselves from a past that is ‘no longer’ – and proceed with open minds”.
This period of zero rates, zero inflation and QE was an historical anomaly – utterly extraordinary. And it is ending (for better or worse). [https://strategic-culture.org/news/2022/10/31/they-rule-over-dysfunctional-ruin-but-they-rule/?utm_source=substack&utm_medium=email]
Pray an Our Father now in reparation for the sins of Francis's Amoris Laetitia.
Pray an Our Father now for the restoration of the Church as well as the Triumph of the Kingdom of the Sacred Heart and the Immaculate Heart of Mary.
Stop for a moment of silence, ask Jesus Christ what He wants you to do now and next. In this silence remember God, Father, Son and Holy Ghost - Three Divine Persons yet One God, has an ordered universe where you can know truth and falsehood as well as never forget that He wants you to have eternal happiness with Him as his son or daughter by grace. Make this a practice. By doing this you are doing more good than reading anything here or anywhere else on the Internet.
- "If Francis is a Heretic, What should Canonically happen to him?": http://www.thecatholicmonitor.com/2020/12/if-francis-is-heretic-what-should.html
- "Could Francis be a Antipope even though the Majority of Cardinals claim he is Pope?": http://www.thecatholicmonitor.com/2019/03/could-francis-be-antipope-even-though.html
- Intel Cryptanalyst-Mathematician on Biden Steal: "212Million Registered Voters & 66.2% Voting,140.344 M Voted...Trump got 74 M, that leaves only 66.344 M for Biden" [http://catholicmonitor.blogspot.com/2020/12/intel-cryptanalyst-mathematician-on.html?m=1]
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