MORE here.

IN AN article at the Clifford Hugh Douglas Institute, Will Waite explains why solutions such as restricting immigration and increasing the manufacturing base, however important they are (I support both), will not prevent ongoing economic decline. That is because creating more jobs will not create more money:

Now we need to hone in on a common misconception that keeps this lunacy in play. Whether you work for a wage or you run a business that makes or sells things you need money to live. So whatever is it you do to get money you call that activity ‘work’. But you should know that money is not made by working it is made by banks lending. The problem everyone is complaining about, is we don’t have enough money to enable the smooth running of the economy. It follows then that there is no point in trying to solve it by doing more work or by selling more things because money is not made by working or selling.

 Forgive me if I point out the obvious but we should be careful about the words we use. If you do some work and are paid for it, you don’t ‘make’ money you simply get it from somebody else. So, as a matter of fact, there is no functional link between work and the quantity of money at all. Making money is the exclusive domain of banks. When banks lend money it is literally made and, ironically it is about the least labour intensive occupation imaginable.

To illustrate the process pretend I work in a bank and this computer I am using is in the bank where I work. I have a customer sitting before me named Sue that the bank I work for has approved for a $100,000 loan. I bring up her account, put the cursor in the correct field, smile over the top of my screen and type

     $100,000.00 (enter after the last zero)

     Money made.

That this is the method by which modern money comes into existence is self-evident. The $100,000 is deposited into Sue’s account and no one will refuse it as payment for goods and services. It is new money. There is no gold backing and no one’s account has been reduced so Sue can have her $100,000. The same principle applies on the national level. Virtually every nation in the world operates from a position of insolvency because the tool they require to conduct their economic affairs is created in this way. The more productive the economy, the more money is required, so the greater the national debt, take the U.S. and Japan for instance. (more…)

AS a commenter at The Washington Compost put it: When recruiting cannon fodder, one cannot be too picky.

THE ANTI-NEW YORK TIMES has published its obituary (free to non-subscribers) for “E-lie the Weasel,” the mythomaniac whose grotesque fabrications about the “Holocaust” have provided coverage for years for the crimes of the Kosher Nostra:

In 1946, after learning of the Jewish terrorist group Irgun’s deadly bombing of the King David Hotel, Wiesel aligned himself with the murderous anti-British and anti-Arab underground movement — translating propaganda articles from Hebrew to Yiddish for Irgun publications. Strangely enough, for a full decade after the war, Wiesel had never once written nor talked about the Holocaust TM. After a meeting with the well-known French author Francois Mauriac (a communist sympathizer) E-Lie the Weasel was persuaded to begin writing about his alleged experiences.

Most people today are too attached to misguided fantasies about the nature of good and evil to believe that such a monstrous liar could go on spewing such monstrous lies for years. A 2011 video by Brother Nathanael Kapner exposes some of Wiesel’s lies and a new video critiques his theatrical skills. Wiesel was a multimillionaire. There’s no business like Shoah business. (more…)

IN A brilliant, eleven-minute sermon, Fr. Germán Fleiss explains why Catholics are obliged to refuse obedience and submission to the Vatican II religion and why all of its popes are antipopes. This is no mere opinion, he states, but objective truth. "To affirm that Francis be the pope is altogether incompatible with the Catholic Faith."

THIS was posted yesterday at Tradition in Action.  

  SEE more at the terrific blog, It's about Time

  From It's About Time

ELIE WIESEL, worldwide celebrity promoter of the hateful cult of the Holocaust, has died at the age of 87. Wiesel claimed in his book Night that Jews were thrown into pits of fire at Auschwitz. Robert Faurisson, the persecuted French historian, wrote in his article, "A Prominent False Witness: Elie Wiesel:" Wiesel the false witness had some bad luck. Forced to choose from among several Allied war propaganda lies, he chose to defend the fire lie instead of the boiling water, gassing, or electrocution lies. In 1956, when he published his testimony in Yiddish, the fire lie was still alive in certain circles. This lie is the origin of the term Holocaust. Today there is no longer a single historian who believes that Jews were burned alive. The myths of the boiling water and of electrocution have also disappeared. Only the gas remains. Winner of the Nobel Peace Prize, Wiesel was not only a fraud but a purveyor of hatred. He wrote: Every Jew, somewhere in his being, should set apart a zone of hate -- healthy, virile hate -- for what the German personifies and for what persists in the German. To do otherwise would be a betrayal of the dead. A reviewer at Amazon wrote of Wiesel: He covets money, fame, recognition, and enjoys lying for the pleasure he receives from cretin admirers. He has a god complex in which he plays the Divine master and suffering servant. He is worse than…

NELSON EDDY sings “Goin’ Home” in 1944. The melody is from Antonin Dvorak’s Symphony No. 9, also known as the New World Symphony, which was composed in 1893 in Iowa. (more…)

THE MUSLIM invasion of Europe is the result of a Judeo-Masonic plot to wipe out what's left of Christian civilization. In light of this orchestrated campaign, the Brexit vote, while good in itself, could lead to World War III. That is the thesis of a new article by the outstanding Catholic writer, Atila Sinke Guimarães.

GERSH Kuntsman, a Jewish writer for the New York Daily News, wants baseball teams to stop playing “God Bless America” before games. He says the tradition reeks of fascism:

It’s time for God to stop blessing America during the seventh-inning stretch.

Welcome to the July 4 holiday weekend — when once again, baseball fans will be assaulted by the saccharine-sweet non-anthem “God Bless America” at stadia all over this great land.

But no matter which home team you root, root, root for, “God Bless America” should be sent permanently to the bench.

Now, don’t get me wrong: When Major League Baseball ordered all teams to play the patriotic jingle after 9/11, I didn’t immediately object. Standing with my fellow fans, as one, and singing a paean to our country provided catharsis, comfort and shared heartache.

But it wasn’t long before heartache became headache. The Yankees still play it at every game, but most teams, like my beloved Mets, play “God Bless America” only on Sundays or holidays. But even that’s too much.

Part of my outrage stems from ponderous Mussolini-esque introduction of the song, when fans are asked to rise, remove their caps and place them over their hearts.

Reality check, friends: “God Bless America” is not the National Anthem. The only songs Americans should stand for are “The Star Spangled Banner” and “Here Comes the Bride.”

Even Irving Berlin, who wrote “God Bless America” in 1918, considered it so maudlin and depressing that he stuck it in a drawer. Twenty years later, as the world prepared for war, Kate Smith asked Berlin for a patriotic song for her radio show. He pulled out “God Bless America” and changed one lame line — “the gold fields up in Nome” — to an even lamer line — “oceans white with foam.” You know the rest: Smith’s version became as much a symbol of post-war patriotism as the flag, the space program and all the white people moving to the suburbs.

The song still embodies great things about America, but also our worst things: self-righteousness, forced piety, earnest self-reverence, foam. (more…)

FROM The Center for Investigative Reporting: A generation ago, Congress privatized a student loan program intended to give more Americans access to higher education. In its place, lawmakers created another profit center for Wall Street and a system of college finance that has fed the nation’s cycle of inequality. Step by step, Congress has enacted one law after another to make student debt the worst kind of debt for Americans – and the best kind for banks and debt collectors. Today, just about everyone involved in the student loan industry makes money off students – the banks, private investors, even the federal government.

HILL and Bill are the Bonnie and Clyde of modern politics. A brief overview of their fundraising schemes can be found here. Caroline Howe writes: The Clinton Foundation is 'a vast, criminal conspiracy' and 'a slush fund for grifters' with thousands of honest people who are victims after contributing their hard-earned money to what they believed would be used for philanthropic causes. In truth, the money that was donated to help earthquake victims in India and Haiti and HIV/AIDs sufferers in the Third World has mostly enriched the Clintons and their friends through scams spanning the globe, claims author Jerome Corsi in his book, Partners in Crime: The Clintons' Scheme to Monetize the White House for Personal Profit, which will be published in August. Driven by insatiable greed while crying they were near-broke, the couple schemed and Hillary used her position as secretary of state to leverage lucrative deals for the Foundation as well as six-figure speaking fees for Bill Clinton.

TH EUROPEAN UNION was the inevitable result of the Protestant Revolution, a revolution which pauperized and oppressed the British people, argues Dr. Thomas Droleskey: Sadly, the British have no memories of their past, which is why they do not realize that their current Brexit, which has done us the service of [revealing] once again the contempt that elitists in such ossified Marxist bureaucracies as the European Union hold “the people,” is merely exchanging one set of jailers for the ones that they have had since 1534. And while it is true that the statists of the false opposite of the naturalist “right” have contempt for “the people,” it is also true that “the people” have contempt for the truths of the Catholic Faith, outside of which there is no salvation and without which there can be no true social order. We are living through a chastisement of epic proportions. God is using infidels now to punish the heretical, apostate and sinful men of the West just as he used other non-believers to punish wayward Catholics throughout history.

Source: Mondoweiss.net