classical economics
for analysis, forecasting
and policy design
Seismic Shift Worldview
SEISMIC SHIFT IN WORLDVIEW
Orthodoxy Wrecks Western Civilization
Wayne Jett © October 25, 2011
The American dream seemed to work for a while after World War II. “The deal” was: study hard, get a good education, and productive employment will provide the path to prosperity. But that panned out for only one generation. By the early ‘70s, the deal was on shifting sands. Now the deal is in quicksand and, instead of buying it, Americans young and old ask “what’s the deal?”Orthodoxy Wrecks Western Civilization
Wayne Jett © October 25, 2011
Repeated policy failures, official deceptions and financial collapses produce dismay, trauma and anger. But, so far, Americans have not witnessed enough to shake them to their roots – enough to change their worldview. Most Americans still believe deeply their country is the land of the free, home of the brave, with liberty and justice for all.
Beyond debate, many of the bravest and best among us have fought and died to make those ideals and principles reality in America. They and others of every calling have given us opportunities unmatched in most of human experience.
Yet, a mountain of evidence teaches these laudable ideals of the American republic are far from reality in 2011. Some Americans have experienced and reported events which altered dramatically the context within which they saw themselves in relation to government and the rest of humanity. Indeed, their reports are so shocking as to shift the balance in our assessments of interplay between good and evil in the world.
Norman Dodd’s Search for Truth
One such person was the late Norman Dodd, of whom I wrote briefly in my book The Fruits of Graft – Great Depressions Then and Now (Launfal Press, Los Angeles: 2011). I related Dodd’s report that he first told Eleanor Roosevelt and then two high-ranking federal officials in 1933 that the economic depression was “man-made.” Whereupon, Dodd was informed that, unless he could get active support from certain interests in the financial sector, government action to prevent the “man-made” depression from continuing would cause the fall of the U.S. government.Recently I discovered a video interview of Norman Dodd recorded by G. Edward Griffin in 1982 not long before Dodd’s death. In the interview, Dodd relates other experiences equally alarming. First, as a junior officer at a “Morgan bank” shortly after the Crash of 1929, he was assigned the task of investigating independently and reporting what the bank should do. Dodd advised 2 ½ years later the bank must return to sound banking principles; whereupon, his superiors told him sound banking had been abandoned in the U. S. and would never return.
Dodd submitted his resignation, but was called to meet with the bank’s chairman and told the board of directors wished him to begin immediately to reorganize the bank consistent with his report. He commenced the assignment, but about six weeks later was prevented from doing anything further. After his second resignation, he was blackballed for life from working in the banking sector.
Tax Exempt Foundations in America
During the first term of President Dwight D. Eisenhower, which began in 1953, Dodd was hired as research director for a House committee authorized to investigate the role of tax exempt foundations in American society. What he learned of the activities and intentions of the Ford Foundation and of the Carnegie Endowment, among others, is as chilling and outrageous as anything yet reported. Use of war as a tool for achieving dramatic societal change in the U. S. (read this as destruction of the middle class), integration of the U. S. with the Soviet Union, adoption in the U. S. of Soviet techniques of public education, and control of research, writing and teaching of history are some of the aims Dodd identified. But far better for you to hear and see Dodd’s report for yourself by viewing his interview, so please do so.
The “New Republic” Rises
Dodd’s report is consistent with historical evidence presented in The Fruits of Graft reflecting that a small circle of dominant elite in the U. S. undertook to destroy the middle class and replace constitutional government by using a private central bank, direct taxes on earned income, “death” taxes on accumulated wealth, and a network of tax-exempt trusts and foundations in combination with universities. H. G. Wells disclosed the plan in 1901, not as a whistle-blower but as an avid proponent, and was invited repeatedly to the White House and other seats of power as honored guest.
Dodd’s experiences altered his worldview profoundly. So far, most Americans remain unaware of facts Dodd learned, and thus remain sanguine in the belief their government is “of the people, by the people and for the people." Meanwhile, activities of the federal government and Federal Reserve have undercut the confidence in economic policy so importantly that the Vatican now proposes an international central bank - controlled by oligarchs outside influence by middle class interests.
If the men of the “new republic” described by Wells do their work as efficiently as they have to date, any mass awakening will come, if at all, too late to matter. Existing government will fall away. Those entitled to rule will proceed with full power to eliminate from society all those who are unnecessary in the rulers’ plan for a perfect world. ~
Dodd’s experiences altered his worldview profoundly. So far, most Americans remain unaware of facts Dodd learned, and thus remain sanguine in the belief their government is “of the people, by the people and for the people." Meanwhile, activities of the federal government and Federal Reserve have undercut the confidence in economic policy so importantly that the Vatican now proposes an international central bank - controlled by oligarchs outside influence by middle class interests.
If the men of the “new republic” described by Wells do their work as efficiently as they have to date, any mass awakening will come, if at all, too late to matter. Existing government will fall away. Those entitled to rule will proceed with full power to eliminate from society all those who are unnecessary in the rulers’ plan for a perfect world. ~