Capitalism Is NOT Free Enterprise
July 19, 2010
by Tony Blizzard
A friend who knows my stand on money emailed me a Bloomberg article entitled "‘Capitalism’ Not So Sacred to Americans as American Mood Sours."
The article quoted a U.S. Chamber of Commerce poll showing that 57 percent of Americans say they support capitalism, compared with more than 70 percent who back free enterprise and free markets. Polls have generally found similar lower levels of enthusiasm for "capitalism."
"There's been an erosion of support for capitalism," Steve Lombardo, who conducted the poll, said in an interview. "It hasn't become a bad word, but it's less positive than it has been."
The bigwigs want us to keep equating capitalism with free enterprise.
The truth is that free enterprise is 180 degrees opposite capitalism. Capitalism is a mentally deranged, dysfunctional economic system that can only survive by fleecing the common people while moving all wealth to private bankers and their lackey corporations.
Patriots are repeating this error and mis-reasoning from it. The lie that capitalism and free enterprise are the same thing is promoted as ardently as the lie that worthless bank credit is real debt that must somehow be "repaid."
Yet recent polls by Gallop and Pew show that many of us have had it with capitalist greed. We're talking again about true free enterprise that made the U.S. an economic paradise.
These polls have the parasites squirming to the point that they feel it necessary to go into butt-saving mode. (How ironic.) Of course, their first act is to put out new disinformation.
They've even added a new twist by incorporating the "free market" bull into "free-enterprise capitalism" – probably because Ron Paul style anti-all-government-regulation libertarianism has become (mistakenly) popular. So the line now is that it's all the same thing – capitalism, free markets, free enterprise – six of one, half a dozen of the other.
Capitalism wants "free markets" (not fair markets) for one purpose: to grab more and bigger shares of any business anywhere, thanks to the criminally false financing of private banks of issue – always the key to such rampaging greed.
There is only one kind of capitalism: the greed-driven kind. That is the only purpose of concentrating capital into the hands of the few: so they can use it as an economic weapon against all those less rapacious in their makeup.
That concentration is the underlying purpose of stock markets, the first of which was opened in Amsterdam shortly after the Inquisition in Spain caused many Marrano Jews to opt for migration to Holland. The ultimate result of unregulated capitalism, after dog eats dog eats dog after dog, is a single gigantic corporation, owning all, controlling all, dictating all, as is the U.N. objective.
And with a multitude of corpses scattered throughout the world as unconcerned "collateral," the winner of the final corporate battle under capitalism has to be the most ruthless, most heartless, most villainous, most cruel and most criminal cabal in the world. That is a close description of Satanism.
On the other hand, free enterprise presents a picture of persons of some drive, offering a product or service to their local area on a small, tryout basis – gradually expanding to each business person's efficient limit in his home area – serving, more or less, local people.
Even when big enough to hire others, such businesses, usually no larger than a partnership or small company, almost always remain constrained to a relatively small area. Being close to their customers, they tend to take due care to serve them properly and helpfully.
The method of operation of such free enterprises guarantees that capital will NOT accumulate in few hands (as with giant franchises and chains), but that the medium of exchange will keep circulating in the local area – never leaving, never creating boarded-up downtown buildings leaving nothing but a "big box" on the edge of town next to an interstate highway, where a portion of every sale is sent to global headquarters, profits concentrated in the hands of the few, while communities everywhere suffer from lack of enough medium of exchange to provide decent livings to all.
Keeping the medium, as well as most jobs, local, translates into decent livings all around – with few paupers and few super-rich, but a healthy and huge "middle class" – supposedly the American dream.
In a nutshell, this is the 180 degree difference between capitalism and free enterprise. It's nice to know that a percentage of the people have gotten the word somewhere that free enterprise is the proper economic system, while capitalism – all capitalism – is poison to everything economic.
As Rev. Denis Fahey wrote long ago, the purpose of finance is to SERVE business so that business can properly SERVE the family so the family can properly SERVE God. Under free enterprise, that's not a guarantee, but it comes much closer to reality than any other economic system allows.
Under capitalism, those priorities are turned on their heads – as the family is made to serve business, and business is at the mercy of finance, while finance rules the world. This is the system we have today, and it's the system that those who produced the Bloomberg article are desperate to keep in power.
The first economic necessity in the world is to dethrone the bankers of issue and force all national governments to circulate honest money for the use of their people. Most of the rest of the needed changes will then take care of themselves.
Related: The End of Capitalism by Anthony Migchels
What "Fiat" Really Means
March 22, 2011
by Tony Blizzard
Libertarians often falsely use the word "fiat."
There's a big difference between government created and spent into circulation money, as opposed to private banker "credit" (bookkeeping entries) loaned into circulation, at interest, as debt.
The first is a measure of value and facilitates exchanges at no cost. The second is the world's most profitable (because it's a criminal scam) business; it steadily steals all wealth, both manmade and natural.
Although seldom mentioned, even by those against private money, there is a deadly problem with all PRIVATE money – a certain something that libertarian "theorists" love. It's what the usury attached to Federal Reserve Notes is all about. No usury, no profit; no profit, no money business. Pretty simple.
People like Ron Paul, as well as the whole "Austrian" mis-education center (can't call it a school in reality), insist on misusing the word "fiat" to mean paper. That is not what it means. Loosely translated from Latin to English, it means "so be it." It indicates there is a law that says "this is our money (so be it)." Whatever carries the government fiat IS the nation's money. Proof of that to the people is that the government accepts it in payment of taxes.
Much of the monetary confusion in the U.S. is due to a criminal act of the United States Congress, in its giving of the fiat to private banker debt (usually called "credit") as our money. Since Federal Reserve Notes are, in fact, evidences of debt, they cannot really be money; however, at present, they must suffice as money by government pretense and enforcement. This government condoned scam is at the bottom of almost every economic problem existing.
Until this lie and injustice is corrected, there will never be anything close to economic justice or fairness in the U.S.. As one Federal Reserve District banker publicly stated in the past: if all debts were paid, there would not be a single dollar left in circulation; we are absolutely without a permanent money system. He could have added that many debts wouldn't even be paid, because the interest on the loans is never created and cannot be repaid without constant new and exponentially bigger loans rolling it over. The government share of this unpayable interest is usually called "the national debt." The rest is the debt of the citizens of the nation.
People such as Ron Paul are correct that our money is not proper money; but neither is their desired substitute, which amounts to the thing we already have, plus the even worse mistake of insisting on its being metal. No matter what money is physically composed of, without the government fiat it is not proper money. The thing that makes money be money is LAW, not substance. Law and barter are not the same thing.
However, even as law, PROPER money cannot be debt; but it must carry the government fiat. And it must be government created and circulated, partly because only government can do this without being forced to make an immediate profit from its circulation – thus eliminating the "third hand" of a private money creator in every transaction.
Further, loans are a banker operation; no government should also be a banker. Government can more easily regulate banks for fairness and justice in loaning, than can government be so regulated by the people.
But with Federal Reserve Notes, we have a medium of exchange that cannot exist without being loaned – thus combining banking and money creation in a privately owned devil's cocktail of instant corruption and theft of all wealth through the national medium of exchange, the most essential of all modern necessities.
There is much too much confusion about money. That is because those in control of creating and circulating the world's money today – private bankers all – want it to be confusing.
The last thing they want to happen is for the people at large to learn just how simple is the concept of honest money – and how criminal is the economic mishmash we now live under. For good reason: their lives would not be worth a dollar of their own false debt if the people understood what the private bankers have done and are still doing to them; I care not what their race, ethnicity or background.
"To say that the Money Power is at the very top of the evils that we need to work against basically overwhelms people. They want something else to fight." – Michael A. Hoffman II, historian/author
"All the perplexities, confusion and distresses in America arise, not from defects in their constitution or confederation, nor from a want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation." – John Adams, 2nd U.S. President, in a letter to Thomas Jefferson, August 23, 1787
"If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the
commercial banks. Someone has to borrow every dollar we have in circulation, cash or credit. If the banks create ample synthetic money, we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless position is almost incredible, but there it is. It is the most important subject intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse unless it becomes widely understood and the defects remedied very soon." – Robert Hemphill, credit manager of the Federal Reserve Bank, Atlanta, Ga., in the foreword to economist Irving Fisher's book 100% Money (1935)
"The study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it. [...] The process by which banks create money is so simple that the mind is repelled." – John Kenneth Galbraith, Canadian-American economist, in his book Money: Whence It Came, Where It Went (1975)