The Financial Press and its Keepers – Foibles, Fables, and Failures
Published on Dissident Voice, by James Petras, Nov 23, 2016.
US officialdom and their media megaphones have systematically concocted narratives having less to do with political reality and more with their hallucinogenic world view. Pre-election and post-election reportage weaves a tapestry of fiction and fantasy.
We will discuss the most pernicious of these remarkable foibles and fables and their predictable failures … //
… The world’s largest billionaire bankers had bankrolled Secretary Hillary Clinton, the ‘million-dollar-a-speech’ War Goddess. Blankfein, Soros and the dirty dozen had bet heavily against the populist-nationalist Donald Trump and they lost. Their pre-paid political manifestos, addressed to the readers of the NY Times, flopped and sputtered: Most readers and investors in domestic markets had placed their bets on ‘The Donald’. Their domestic celebrations pumped up the market after the election. The unimaginable had happened: George Soros had bet and lost! The ‘deplorable’ electorate preferred the obnoxious nationalist to the obnoxious speculator. ‘Who’d a thunk it? … //
… At some point, reality has to bubble up through the slime: Putin never financed Trump – the billionaire financed his own campaign. On the other hand, Clinton was bankrolled by Saudi despots, Zionist billionaires and Wall Street bankers. The mass media, the WSJ, FT, NYT and the WP, dutifully served the same stale, old sexist gossip about Trump in support of the sweet and sour, wide-eyed Madam Strangelove, who never hesitated to rip the lives out of thousands of Muslim women in their own countries. The media celebrated Madame Clinton’s nuclear option for Syria (the No-Fly Zone) while it ridiculed Trump’s proposal to negotiate a settlement with Putin … //
… The same newspapers defend the ‘human rights’ of Chinese workers in local and US-owned factories who out-competed domestic American factories, but ignore the plight of millions of unemployed and destitute workers trying to survive in the US war zones and Israeli-occupied territories.
The Presidential elections made millions of American voters starkly aware of the mendacity of the mass media and the corruption of the Clinton political elite … //
… A last note: Once Clinton lost and Trump took ‘the prize’, the Zionist Power Structure deftly switched sides: the former ‘Anti-Semite’ candidate Trump became ‘Israel’s Best Friend in the White House’. None of the 52 leading Zionist organizations would join the street protests. Only vulture-speculator George Soros (who had bet heavily on the wrong horse) would finance the motley group of goys marching in the streets and collecting on-line petitions for ‘democracy’.
The foibles, fables, and failure of the financial press and their keepers lost the elections but are back, hard at work, remaking President-Elect Trump into a global free marketer.
(James Petras is author of The End of the Republic and the Delusion of Empire, Extractive Imperialism in the Americas, Capitalism’s New Frontier (with Henry Veltmeyer), and The Politics of Empire, the US, Israel and the Middle East - (see also this book: Power and Resistance: US Imperialism in Latin America, by James Petras and Henry Veltmeyer, on Jame’s website). Read other articles by James, or visit James’s website).
Links:
Cutting Company Taxes is a Race to the Bottom, on naked capitalism (first on The Conversation, by Antony Ting), Nov 24, 2016: corporations are winning an ideological battle, securing lower income taxes around the world. But how far can this trend go? Compared to other Western governments, the US government taxes at a very low level, about 18% of GDP… Trump’s plan, which has huge tax cuts for business and the rich, emphasizes growth. It would inject $4-6 trillion into the economy over 10 years, mostly by means of business tax cuts. This would be supply-side economics, which you can do with your own currency. Two problems: …;
Middle East: It is more secure to be soldier than civilian, Red Cross chief to RT, 1.35 min, on RT, Nov 23, 2016;
US: It Is up to Us, on Dissident Voice, by Paul Craig Roberts, Nov 23, 2016: … Trump won the presidency because he spoke directly and truthfully to the American people, telling them what they knew to be true and had never before heard from any politician;
US: Voting system prone to mistakes & malfeasance – Jill Stein on 2016 recount (EXCLUSIVE), 9.01 min, on RT, Nov 23, 2016;
US: RT gives voice to western dissidents, Jill Stein on EU’s anti-propaganda resolution, 6.40 min, on RT, Nov 23, 2016;
Clinton Promotes War While US Public Opinion Speaks to Anti-Militarist Populism, on the James Petras Website, by James Petras, Nov 14, 2016: castigating the US electorate as accomplices and facilitators of wars, or, at best, dismissing the voters as ignorant sheep-people (’sheeple’) herded by political elites, describes a partial reality. Public opinion polls, even the polls overwhelmingly slanted toward the center-right, consistently describe a citizenry opposed to militarism and wars, past and present. Both the Right and Left have failed to grasp the contradiction that defines US political life: Namely, the profound gap between the American public and the Washington elite on questions of war and peace within an electoral process that consistently leads to more militarism;
President (Elected) Donald Trump`s Speech About The Illuminai Elite (sometimes called the Rainmakers), 5.01 min, uploaded by Little Angel, Nov 10, 2016;
UN failed to organize evacuation of civilians from rebel-held Aleppo – Russian envoy, 2.46 min, on RT, Oct 27, 2016;
Ce qui a permis le succès inouï du capitalisme va se retourner contre lui – Jeremy Rifkin, dans Telerama.fr, par Olivier Pascal-Moussellard, Sept 18 et 19, 2014: pour l’économiste américain Jeremy Rifkin, l’heure de la troisième révolution industrielle a sonné. La société va devoir s’adapter;
… and this: