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Horst
Mahler: Randbemerkung zur Finanzkrise
Horst
Mahler's Observations on the Financial
Crisis
By
Horst Mahler
Translated
by J M Damon
The
German original is posted on several
websites including
<http://globalfire.tv/nj/12de/globalismus/horst_mahler_zur_finanzkrise.htm>
and <http://www.europaeische-aktion.org/Artikel/de/Randbemerkung-zur-Finanzkrise_145.html>
76-year-old
Horst Mahler wrote this article in his
prison cell in Brandenburg Prison, where he
is serving a 12-year sentence for expressing
dissenting views on the
"Holocaust" story. Only by
resorting to brutality and contempt for
human rights can the German regime avoid
being swept away in a flood of truth.
****************
From: Horst
Mahler
Brandenburg
Prison
I recently
read in the Frankfurter
Allgemeine Zeitung that 172
professors have called for protests of
Germany's support of the Euro. Predictably,
Merkel and Schäuble are "beleidigte
Leberwürste" (deeply
offended.) In reality the protesting
professors are guilty of prevarication,
since they knowingly misrepresent the
dilemma in which German national policy is
mired. They are lying while partially
telling the truth, since a half-truth is
often worse than a lie. The professors are
not telling the people what they know to be
true! They do not really ask the question of
what would happen if the collective debt
sureties EU, USA, China and Japan did not
bail out private funds, banks, insurance
companies, investment trusts, etc. They
pretend to ask the question in order to
answer it with a bald-faced lie. To tell the
truth would immediately wipe out the global
system of usury capitalism and bury the
politicians beneath it. "German
national policy" of course means the
politicians who are responsible for the
present disaster. They are dangerously
exposed because they are being made into
scapegoats for the dumbed-down masses. They
are going to be annihilated.
The
dishonest answer to the question of what
would happen if governments did not bail out
speculators is that the private banks etc.
would go into bankruptcy and take their
greedy "investors" down with them,
and this would be justice. This is a
half-truth. The real truth is that private
usury capital and State budgets have got
each other by the throat and their
chokeholds are growing tighter on both
sides. The outcome is certain to be fatal,
with each side butchering the cow it should
be milking.
The State
(here I refer to all countries as
"State" and all banks as
"Bank") is indebted to the Bank
for payment of State debt plus interest. On
a dollar basis, we are talking about
hundreds of trillions; and the only national
budgets that are not members of this exalted
Debtors' Club are those of China and
Singapore. Total debt is so immense that
accelerating interest and principal payments
can no longer be covered by State income,
which is primarily taxes. The debt has to be
financed through Neuverschuldung
[new state debt] which has no limitations on
debt and interest.
If the Bank
declares bankruptcy, State debt as well as
that of individual debtors cannot again be
restructured or "rolled over." The
State will have to repay the loans from its
own means. However, for decades the State
has been a "fauler
Schuldner" [debtor who no
longer has means to repay the loan.] The
state is obliged to repay its loans with Falschgeld,
"phony money" that it creates out
of pure air. As soon as it is known that the
State is printing excessive amounts of
money, Investors react by fleeing the
devalued currency into repositories of real
value. "Creeping" inflation then
becomes "galloping" inflation,
which is comparable to a collapse of
circulation in a living organism.
The reason
why the global economy has reached such a
pass lies in the very nature of usury
capital. Through the satanic mechanism of
compound interest, an immense mountain of
money and monetized debt comes into
existence that is concentrated in ever fewer
hands. It is in fact private political
power. There is no counterpart to our
present situation in all history: the
private power of usury capital has
overwhelmed the power of the State. This
private power of usury maintains and
amplifies itself by garnering interest in
various ways. However, it requires debtors
with excellent credit, that is, a perfect or
near perfect history of payment of principal
with interest.
The
requirement of excellent creditworthiness
has become the bottleneck in the system of
usury capitalism. The system has run out of
qualified borrowers, which means that it is
threatened by a kind of "fiscal
unemployment" or non-utilization. In
this situation usury capital compels the
State to become its greatest debtor by
applying economic force until the State
collapses under its burden of debt. This is
the crisis we are presently experiencing.
Once we understand this, everything becomes
clear. We are not dealing here with a mere
aberration or consequence of a
"mistaken" policy. There is no
simple "error" that can be
corrected. The finite nature of usury
capitalism is now revealed. After reaching a
definite and determinable point, healthy
development becomes impossible, and it
causes the demise of the Commonwealth just
as a malignant tumor causes the death of an
organism.
Actual
death does not occur immediately. Instead,
the Commonwealth, snake-like, sheds the
usurious skin that it has outgrown.
Under the old skin a life-saving
envelope develops that is larger and more
elastic than the old skin. Thus the basic
message of the disinformation campaign to
which we are now subjected is that there is
a "way out of the crisis" within
the system of usury capitalism. Overpaid
"experts" such as our protesting
professors supply the politicians with
arguments to deceive and stupefy the public.
Like the politicians they criticize, these
professors assume that a "change of
policy" can save the System. They tell
us that "the voter" or
"Constitutional Court" should
impose a "policy change." Alas, no
such change exists.
The
"global village" is the perfect
theater of operations for denationalized
capital belonging to private individuals who
are "emancipated" from the
Commonwealth. As Hegel points out, this is
the truest personification of Satan.
The
historical explication of the absolute
individual (his freedom) is the necessary
prerequisite for real freedom, which is the
reality that corresponds to the concept of
freedom. Today practically all mankind lives
in the "global village" but very
few are free, and these only relatively so.
That is the heightening contradiction that
drives history, since the desire to be free
is the irresistible power of Spirit (God),
which nothing can withstand. Individual
freedom, however, is transmitted through
money. The relationship of money to freedom
is absolute. This relationship cannot be
disregarded without "freedom"
becoming a meaningless word.
In modern
times the bondage of the masses results from
growing inequality in access to money.
Whoever has access to large amounts of money
is able to purchase the will or volition of
those who have little or no access. This
acquisition of public volition creates great
power in the person of the "Lord of
Money." This aspect of money
dehumanizes the drive to freedom, perverting
it into individual greed that is an
expression of the striving for power. The
money lords are not heroes from a different
planet, they are the same as us. The
individual who has acquired money-power
fears the Commonwealth and regards it as his
enemy. He is driven to subordinate power to
himself through money. Moses presents this
struggle to the Jews as a divine promise
(Deuteronomy 15,6; 28,1 and 12-14: "For
the Lord your God will bless you and you
will lend to many nations but borrow from
none...")
The prophet Isaiah combines this promise
with Yahweh's vow to annihilate nations that
resist servitude to the Jews (Isaiah 60,12:
"The nation that will not
serve you will perish...")
Money that
has devolved into usury capital (the Bank)
is the true form of Mosaic volition.
At the
height of the Lehmann crash Lloyd Blankfein,
the chairman of the board of Goldman Sachs,
gave this excuse for his role in the
disaster: "I am nothing but a banker
doing God's work." (Frankfurter
Allgemeine Zeitung, 10 Nov 2009,
p. 11; Association
Relative à la Télévision Européenne
4 Sep 2012.) Can the immutable mission of
Judaism be more concisely stated?
The
conflict between usury capital and the State
has continued through the centuries. Capital
won the decisive battle during the English
Revolution when Parliament adopted the
principle of taxation by the "Lords of
Money." Since then the State has been
bound by the chains of capital, except for
the brief period when it liberated itself in
the Third Reich during the brief national
ascendancy of the German Volk. Gottfried
Feder's Brechung
der Zinsknechtschaft (Abolition
of Interest Slavery) was and continues to be
the signpost to the future that is now
dawning: see <http://studimonetari.org/articoli/feder.html>
and <groups.google.com/forum/?fromgroups#!msg/total_truth_sciences/XFL8hO1Z3v8/O7KKbWmc-O8J>
It is clear
that the "experts" are nothing
more than hit men for usury capitalism. They
go to great lengths to hide the conflicts
between productive capital (the real
economy) and usury capital (the economy of
deconstructive derivatives). In order for
usury capital to maintain its monopoly
position, it must be seen in public
consciousness as private property and it
must be protected as such (Article 14 of
German GRUNDGESETZ
or Basic Law.) This is a
transparent conjuror's trick: private
property in productive capital is the basis
for economic development through the
production of real goods and services;
therefore it should be protected. However,
private control of money does not produce
real goods and services. Instead, it gives
legal title to future payments accomplished
through power of legal acquisition of goods
that were created by others, not the owner
of money. Charging interest is the
appropriation of the property of others
without reciprocal exchange on the part of
the appropriator. It is legalized robbery.
It also promotes idleness and entails
decadence, which destroy character.
It is
perverse logic to define legal title to
nonproductive income as property and allot
it protected status. Today's global crisis
proves the necessity of removing legal
protection from usury capital. The capital
of private moneylenders should no more be
protected than should wagers and gambling
debts.
We are
charged with the task of changing this
systemic paradigm.
We must
lead the struggle to discontinue State
protection of usury capitalism so that such
a change can become historical reality.
****************
The
translator is a Germanist who makes
noteworthy articles by German dissidents
accessible to Germanophiles who do not read
German.
Here's
freedom to him who would speak,
Here's
freedom to him who would write;
For
there's none ever feared that the truth
should be heard,
Save him
whom the truth would indict!
ROBERT
BURNS (1759–96)
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