Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

It Is Real, It Is Taking Place, It Will Overcome You

Politics / US Politics Sep 15, 2008 - 07:42 AM GMT

By: Michael_T_Bucci

Politics

    Best Financial Markets Analysis ArticleFirstly, I personally compliment Nadeem and Market Oracle for providing a true and open platform. Secondly, I compliment the high craft and knowledge of those who contribute to this web site. Most of what I learned about markets, theories, economic systems and their political correlations I learned here.

    Today I read, and now quote from (with emphases by me), three writers:


1) "But in an even broader sense, the West , as a civilization, after a century of world war and the utter failure of global finance capitalism, may have reached its limits ." (Richard C. Cook, Market Oracle, 14 September 08)

2) "It's now official. America 's free market economy is really a socialist system for corporations . One could argue this to be a form of Fascism ." (Mike Stathis, Market Oracle, 14 September 08)

3) "These laissez faire zealots in charge of the US economy have now caused the biggest financial crisis since the Great Depression and the nastiest economic crisis in decades. So let them be shamed in public for their hypocrisy and zealotry that has caused so much financial and economic damage." (Nouriel Roubini, Global Research, 14 September 08)

They won't "be shamed in public", Nouriel, nor tried, nor convicted by the American public, because... The public doesn't know . The public doesn't want to know. The public doesn't care to know. If they did know or care to know, we would not be at this stage . And these are rude remarks and cruel statements I make. But are they true or not true?

And this is the first crucial point: "the public" must be understood correctly. The second crucial point is that the force and momentum that brought us here will be continuing. The third crucial point is that only through accepting this reality can you save yourself and your sanity. And that is the hardest challenge to face for all good, well-meaning souls who are staring at Hell without denial, who want to change it, or want to stop it, or want to invigorate the masses from their sleep to stop it.

Surely, it is Hell upon Hell upon Hell.

"Those who know, know. Those who don't, may." That was a line I wrote recently to other writers who focus upon and elucidate the "obvious". What is the "obvious"? Pull many articles from Market Oracle and you will find the "obvious"! The "obvious" was publicly defined first in "readers comments" scribbled at innocuous web sites. Then the "obvious" began to appear on blogs. Then, it became alluded to in uptown "serious" circles and downtown Wall Street pubs. Today, the "obvious" is peeping into articles from very knowledgeable sources. But you won't find the "obvious" at the Financial Times, just yet. Nouriel is angry. He is as furious as no professor should be. He is correct - and can do nothing about it. Can you?

I will call the "obvious", FASCISM. Pardon me if that is an exaggeration to you or makes you angry. But I will call it FASCISM in America. It is real, it is taking place, it will overcome you.

It will be - but it won't be forever.

I am no monetary expert and hardly a serious student of such. I am not an expert on the Third Reich, but am a serious student of it. I have fought my entire life against the tide that now is a "Financial Tsunami", as W. F. Engdahl called it, alongside the current social-political Tsunami, and watched good, intelligent people be swept and fall away from reason - gradually, over more than two decades. The right-wing were never my company, and the left-wing who wrote the manifestos of the 60's like Tom Hayden, have become political cronies that now celebrate a man they would have demonized in 1968.

The Liberals I no longer speak to are passive readers of the New Republic collecting $300K a year to write and to editorialize the "Liberal" position somewhere - and do nothing else! They will walk into the cattle cars if the guard is Hispanic or Jewish or Asian and speaks politically-correct neutral language. And their Republican counterparts will do likewise if the White guard with a hometown grin wears a flag-pin and is holding a Bible. Republican ladies who cheer their feisty lipstick "Remnant" Leader won't be ones that will hide Anne Frank in their attic (or your gold). If alone in a room with Hitler they wouldn't shoot him, but have their picture taken to send to all their "unfortunate" friends in the "camps". The Liberal writer, who would never carry a gun anyhow, would later write in detail about Adolf's hair, voice, accent, gestures and moustache - a breakthrough story for The New York Review of Books (which will continue to debate the meaning of the word "Fascism"). These are not my friends.

The concentration camps wait. The "camps" will take physical form to some - thrown into the pain of deep loss and poverty - but to many they will be mental ones - mental ghettos. This is how the divides that now separate those "who know" from those "who don't know" were formed. This is how our present condition came into being. "The ghetto was ruled by neither German nor Jew; it was ruled by delusion." ("Night" -Weizel). To some, it may feel they are and will be immune to a rising fascist state; it appears distant; it is a thought, but not real. This is a dangerous state of mind. No one is immune in a Fascist state . The "good Germans" who carry the "card" (the "good American" of political allegiance to a party), or vote on the basis of a mass-media personality, or can't be convinced that anything serious is taking place, may not be your friends in the future. And emphasis now must be placed on the future - that future state in America (however you conceive it). And today the question for many at this sterling web site should NOT be "How do I profit from fascism?" Or, "Do I store my physical gold in Russian vaults?" For you may have no profits and no gold.

For you who may understand my words, the next set of very urgent questions remains to be answered: "What do I do? (based on your conception)" "How do I plan ahead to save - first my portfolio, gold and silver - but possibly later save my life, my family and my sanity?" The speed of change is evident, isn't it? The momentum is in this direction, isn't it? The facts are proving your intuition, aren't they?

Understand: Those who know, know.

Understand: It is too late to be stopped!

Understand: No one is immune.

Understand: It Is Real. It Is Taking Place. It Will Overcome You.

What are you going to do?

By Michael T Bucci

Michael T Bucci is a retired public relations executive from New Jersey now residing in Maine. He has authored nine books on practical spirituality including "White Book: Cerithous"

    © 2007-2008 Copyright Michael T Bucci - All Rights Reserved
    Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

    Michael T Bucci Archive

© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in