“Is Hitler the only historical character Americans have ever heard of?”
This was a quote from a German friend of mine. It’s so true. In America, everything bad is referenced to Hitler. Hitler did this and Hitler did that. So much of what we call history is absurd, uneducated, witless virtue signaling.
For the record, Auschwitz was built by the IG Farben chemical company, a partnership between Marcus Warburg and John D. Rockefeller to produce Zircon B, a defoliant for use on farms. It was ALWAYS going to be a slave labor camp because there was no population in that part of rural Poland.
The Auschwitz plant was built BEFORE HITLER WAS APPOINTED CHANCELLOR. (That’s right libs, Hitler was appointed. Germany is a democracy. They don’t elect Chancellors.)
Hitler confiscated the plant and expanded it to make it an extermination camp. The point is, Auschwitz was an INVESTMENT funded by BANKS. They built it in Poland because they could use it to make money on German reparations. During the depression, one couldn’t make money investing in the US. Because of heavy reparations LENDING by BANKS, Germany became a de-facto tax haven.
This was the German economic “miracle” of the 30’s and why Time Magazine chose Hitler to be it’s man of the year.
Can somebody explain to me how this “miracle” is any different from Americas moronic “free trade” deals with China?
In the reparations trade, US banks lent money to France, Belgium and England. They used that money to buy products made in Germany. How is this any different from Banks lending money to the US to buy products from China?
Of course, in the weird brain of Trump, China is causing our deficit with China, not Walmart, Apple and 1,000 other companies who have moved their manufacturing there.
Conservatives keep hammering away at Socialism seemingly unaware of the fact that the best country to live in, Germany, is passive Socialist. One-half of Germany’s GDP is government spending even though they are the worlds second biggest exporter of manufactured products. Germany has a 3% unemployment rate, 6 weeks MANDATORY paid vacation and every other free gift a person could ask for.
This is not a defense of Socialism.
But “Conservatives” need to understand that when you rant on about Hitler, this is what you’re up against. Kids with $80,000 in school loans, living in coops, and working as barista’s are not going to give a shit about their lazy, fat, drive through window, doughnut slopping grandparents who are getting free health care and $45,000 a year in social security after spending 30 years in a factory trying their best not to work. Look in the mirror. That lazy bastard that won’t work may have YOU as a role model!
By the way, you didn’t “earn” Social Security or Medicare. ½ of these benefits is financed by a 7.65% corporate tax on payrolls.
No one in government is ever going to tell you this.
There are dozens of historical precedents to this. It’s the fundamental of “trade.” In trade, if I give you a chicken and you give me a hammer, that’s trade. If I give you a chicken and you give me a blowjob, that’s trade. If I give you a chicken and you give me an IOU that says, “I owe you a chicken”, that’s NOT trade. It’s a loan.
Trade MUST settle in a currency. The most successful trading nations, England, the Netherlands, Spain, all demanded settled trade. In fact, Ben Bernanke even said, without government deficits, free trade wouldn’t work. It’s GOVERNMENT borrowing that created free trade. Without massive doses of treasury bills, printed to service deficits, China, India and Indonesia wouldn’t have a CURRENCY TO RESERVE.
Civilization and Capitalism, 15th – 18th Century, Fernand Braudel.
Earth to America. Even Indians don’t want Indian Rupees.
What’s frustrating is that even so-called financial experts don’t know what banks do.
I used to laugh watching Bernanke rest his head on his hand while Ron Paul, a man who spent way too many years staring at vagina’s, made incomprehensible statements about the Fed. The theory behind banking is 3,000 years old! Spain settled trade by digging huge holes in South America to get silver. Holland settled trade by passing draconian settlement date laws and enforcing them with debtor’s prisons and nooses. England settled trade by selling opium to the Chinese.
Banks create money by creating mortgages. When those mortgages are paid off, they settle. When the government takes out loans that will never be paid off, those loans never settle. This is why in 1939 Germany was the richest country in Europe and France and England were dirt poor, even though Germany supposedly LOST THE FRIGGIN GREAT WAR!!!
Just as in Hitler’s day, corporations rule the world. The produce crap products in rat infested, slave labor camps in countries with no environmental standards. They lie through their noses through the media and pay for “studies” at top universities to make their products appear healthy. They also own the federal government.
The next time you decide to rant on about Hitler, do some studying first. It wasn’t hate that created Hitler, it was frustration. The same frustration we have today. And, as before, the next Hitler won’t come from some weird, right wing fringe group.
He’ll come carried on the shoulders of intellectuals and media figures like Bernie Sanders, Sean Hannity, Chris Matthews and Rachael Maddow.