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"we need a new journalism to explain what is really going on." I think I've summed it up nicely in my essay the monopoly: http://www.lettersfrompeter.com/the-m

"we need a new journalism to explain what is really going on." I think I've summed it up nicely in my essay the monopoly: http://www.lettersfrompeter.com/the-monopoly/ http://www.lettersfrompeter.com/the-monopoly/ Picks up right where he leaves off.

dredmorbius 13y ago
Interesting piece. Note that there's some empirical evidence to suggest a controlling cabal (I prefer the term "oligarchy" rather than "monopoly"): http://planetsave.com/2011/08/28/who-runs-the-world-network-analysis-reveals-super-entity-of-global-corporate-control/ http://planetsave.com/2011/08/28/who-runs-the-world-network-... The next question is: is this deliberate or an emergent property. I'm inclined to suspect a bit of both. There is a desire to control, but there's also a likelihood that there will emerge some group which has control. Which then raises the question of how to reconcile this with existing economic, political, and social theory (all of which are, I suspect, badly broken and fail to take this into sufficient account).
- ypeterholmes 13y ago
  Excellent link. I've seen it before but on second look should definitely include in the essay. As to whether this global power structure is deliberate or emergent, I think my essay makes it quite clear that it's the former. Looking only at the link you provided, I can see how one might ask that question. But after examining the origins of the globalist power and the synchronicity of their operations, making the emergent argument gets pretty difficult.
afriend4lyfe 13y ago
hey man, this is exactly what the article was alluding to, it should be the top comment imo. i'll definitely be spreading it around. amazing work and easy to digest. remember though, this type of information is often suppressed.
- ypeterholmes 13y ago
  Thank you
arh68 13y ago
This is very well written.
- maxerickson 13y ago
  It's a panoply of obfuscations, misunderstandings and mischaracterizations. For instance, the Federal Reserve really is a federal institution. Also, saying the Fed provided $9 trillion is a counting game. The $9 trillion comes from adding up a bunch of short term loans, the outstanding amount was never near that much.
  - ivan_ah 13y ago
    > obfuscations, misunderstandings and mischaracterizations I came out reading this with a very positive feeling--though I must say I already believed most of the things discussed in these articles. Could you point me to some of the obfuscations, misunderstandings, and mischaracterizations? I'd be happy if I can correct some of my misbeliefs... Are you rejecting the whole notion of "hidden power," or the premise that the hidden power influences and controls the Federal Reserve system and other institutions like the IMF?
    - maxerickson 13y ago
      Well, I started with 2. I have reservations about the amount of power available in the systems of today, and about how that power is exercised, but I'm not a big believer in a competent, intentional conspiracy underlying it.
      - mrow84 13y ago
        I share your skepticism of a "competent, intentional conspiracy", but I wonder if there might be an analogous, emergent phenomenon. I also find it plausible that this (hypothetical) emergent system has been opportunistically capitalised upon, despite not being intentionally created. Does that seem unlikely to you?
- ypeterholmes 13y ago
ivan_ah 13y ago
+1 This is an excellent series of articles that summarize and explain several aspects of the inner working of the System.
- ypeterholmes 13y ago
  thanks!
agscala 13y ago
I have a question for you. In chapter 1 you explain why income tax was created (because interest from loans isn't flowing back into the government and government services needed to be paid). How come these services aren't being paid with the money that the gov't pulls out of the fed?

dredmorbius 13y ago

Interesting piece. Note that there's some empirical evidence to suggest a controlling cabal (I prefer the term "oligarchy" rather than "monopoly"): http://planetsave.com/2011/08/28/who-runs-the-world-network-analysis-reveals-super-entity-of-global-corporate-control/ http://planetsave.com/2011/08/28/who-runs-the-world-network-... The next question is: is this deliberate or an emergent property. I'm inclined to suspect a bit of both. There is a desire to control, but there's also a likelihood that there will emerge some group which has control. Which then raises the question of how to reconcile this with existing economic, political, and social theory (all of which are, I suspect, badly broken and fail to take this into sufficient account).

ypeterholmes 13y ago
Excellent link. I've seen it before but on second look should definitely include in the essay. As to whether this global power structure is deliberate or emergent, I think my essay makes it quite clear that it's the former. Looking only at the link you provided, I can see how one might ask that question. But after examining the origins of the globalist power and the synchronicity of their operations, making the emergent argument gets pretty difficult.

afriend4lyfe 13y ago

hey man, this is exactly what the article was alluding to, it should be the top comment imo. i'll definitely be spreading it around. amazing work and easy to digest. remember though, this type of information is often suppressed.

ypeterholmes 13y ago
Thank you

arh68 13y ago

This is very well written.

maxerickson 13y ago
It's a panoply of obfuscations, misunderstandings and mischaracterizations. For instance, the Federal Reserve really is a federal institution. Also, saying the Fed provided $9 trillion is a counting game. The $9 trillion comes from adding up a bunch of short term loans, the outstanding amount was never near that much.
- ivan_ah 13y ago
  > obfuscations, misunderstandings and mischaracterizations I came out reading this with a very positive feeling--though I must say I already believed most of the things discussed in these articles. Could you point me to some of the obfuscations, misunderstandings, and mischaracterizations? I'd be happy if I can correct some of my misbeliefs... Are you rejecting the whole notion of "hidden power," or the premise that the hidden power influences and controls the Federal Reserve system and other institutions like the IMF?
  - maxerickson 13y ago
    Well, I started with 2. I have reservations about the amount of power available in the systems of today, and about how that power is exercised, but I'm not a big believer in a competent, intentional conspiracy underlying it.
    - mrow84 13y ago
      I share your skepticism of a "competent, intentional conspiracy", but I wonder if there might be an analogous, emergent phenomenon. I also find it plausible that this (hypothetical) emergent system has been opportunistically capitalised upon, despite not being intentionally created. Does that seem unlikely to you?
ypeterholmes 13y ago

ivan_ah 13y ago

+1 This is an excellent series of articles that summarize and explain several aspects of the inner working of the System.

ypeterholmes 13y ago
thanks!

agscala 13y ago

I have a question for you. In chapter 1 you explain why income tax was created (because interest from loans isn't flowing back into the government and government services needed to be paid). How come these services aren't being paid with the money that the gov't pulls out of the fed?