Bankers Caused the Great Depression to Destroy Middle Class, Concentrate Wealth, and Consolidate Power over the US Government
Everyone who actually knows anything substantive lies about the Great Depression and its causes.
The most significant economic event of the 20th Century is said to be “too complex” too explain. In fact we now know, as we now know who killed John F. Kennedy (CIA, FBI, LBJ, Israel, and the Bush Family along with Cuban exiles and Corsican mafia), it is quite clear from this extraordinary book that the Great Depression was deliberately caused by the elite mercantilists (some would say fascists) in order to destroy the middle class competing for political and economic power, while concentrating wealth among the top bankers and political control over the US Government.
The author begins with a chapter summarizing principles of classical economic theory, so easy to embrace you can de-bug the worst Krug-manic deception. After detailing mercantilist rule of the colonies and influence in the early U.S., we learn of Herbert Hoover’s three big wrongs in 1929-1932 plus three-times as many cunning actions by FDR to deepen poverty and starvation of Americans.
For example, FDR’s annual tax increases coupled with large purchases of foreign gold stripped money from the U. S. economy and collapsed the international gold standard. In this context, it was damning, though no surprise, when Roosevelt admonished his Treasury secretary against tax cuts in 1939 (Morgenthau promised “a boom within a month”), shouting “this is not about recovery; this is a matter of politics.” Those remarks sound and smell like a smoking gun to me.
FDR’s politics served objectives of the ruling elite: to consolidate ownership of prize assets at rock-bottom prices; to smash the burgeoning middle class; to expunge tiresome interference of democracy with elitist rule; to reduce population of undesirables (“deplorables” in recent parlance). The elitist manifesto for the 20th Century is not revealed until chapter 17, though. By that time the reader sees laid bare the sordid roles of regulators – the Federal Reserve, the Securities & Exchange Commission, the Commodities Futures Trading Commission – in shielding the elite from criminal prosecution for orchestrating the “Tech Crash” of 2000-2002 and the “financial terrorism” of 2008.
I have long known of the Deep State led by the Rothchilds and the Vatican but until I read this book I had no idea that a) the banks caused the Great Depression and b) the major banks lost nothing — they bet short and rode the depression to the bottom, further enriching themselves on the backs of all those they made destitute.
This is not as hard a book as I thought — it was gift from the author I read on my 13 hour flight to Tokyo — and I give the author great credit for this work. The second half of chapter 6 contains the actions which imposed the Great Depression and is a must read — treason in high places inclusive of Presidents. Chapter 7 de-bunks Keynes better than anything else I’ve seen; chapter 9 is a more accurate personal portrait of FDR than the reader will find elsewhere; and, I totally recommend chapter 17 covering H. G. Wells’ /manifesto/ for the elitist shadow government (“New Republic”) plus the /Red Symphony/ account of Stalin’s interrogation of a captured elitist operative in 1938.
This book is an excellent companion to Tragedy & Hope: A History of the World in Our Time but I would also add The Devil’s Chessboard: Allen Dulles, the CIA, and the Rise of America’s Secret Government. The evil that is Wall Street, owned and operated by the Rothschilds (who control all central banks of note including the Federal Reserve) and the Vatican, cannot be overstated.
This book is their Nuremberg Trial.