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Conspiracy Nation -- Vol. 11 Num. 12
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("Quid coniuratio est?")
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FRENZIED FINANCE -- IV
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[Synopsis of *Frenzied Finance* by Thomas
W. Lawson. New York: Ridgway-Thayer, 1905]
-+- The "Magic" of Finance -+-
The majority still regard the world of finance as the world of
magic. "The magic of finance" is one of the artifices with which
tricksters, since the beginning of the world, have imposed upon
the people.
The average American would consider it a huge joke should his
grocer undertake to induce him to buy one-hundred times more
sugar than he could use, on the ground that he might find in the
sugar bags, when he reached home, gold and diamonds. And so it
goes in every business but finance. In that business, the
business into which is merged all other businesses, the most
hard-headed of Americans are done out of their savings by the
veriest "come-ons."
[CN: A more recent version of the racket was seen in the S&L
debacle of the 1980s. In that scheme, American savers were
robbed, but the robbery was smoothed over by FSLIC "insurance."
- But who was made to pay to cover that insurance?* Not the
robbers, but the American people.]
Look up and down Wall Street at the great office buildings.
These are huge hives of expensive bees who, from New Year's to
New Year's, do not *produce* a dollar. The hundreds of millions
spent each year for the expense of running the "System's" game,
and the millions which the game-makers flaunt, are derived from
the men and women who *produce*.
It is the phenomenon of the age that millions of people come each
year (or each cycle), of their own free will, to the shearing
pens of the "System," so that the "System" may go through their
pockets, and they then depart peacefully home to dig and delve
for more money that they may have the debasing operation repeated
on them in the next cycle.
You may ask if I desire to convey the idea that the great
financial institutions and trusts of this country, which have
their head centre in Wall Street, are all concerned in a
conspiracy to rob the people of their savings. I desire to go on
record right here in declaring that all financial institutions
which in any way are engaged in taking from the people the money
that is their surplus earnings or their capital, for the
ostensible purpose of safeguarding it, or putting it in use for
them, or exchanging it for stocks, bonds, policies, or other
paper evidences of worth, are a part of the machinery for the
plundering of the people.
I do not mean to say that all the men who handle and control the
different institutions I mentioned have guilty knowledge of the
bearing of their actions. They do not know that the relation
between their own minor institution and the general financial
structure constitutes the former an agency for the "System,"
which controls and has organized the general financial structure
into an instrument for converting the money of the public to its
own purposes. In fact, the "System" has cunningly possessed
itself of the financial mechanism of the country and is running
it for the benefit and personal profit of its votaries. And so
the vast correlated organization of banks, trust companies, and
insurance corporations has become an agency for transferring the
people's savings to the control of unscrupulous manipulators.
It is only a matter of simple mathematics to ascertain the day
when ten men will be as absolutely and completely the legal
owners of the entire United States and all there is of value in
it, as John D. Rockefeller is the absolute legal owner of the
large section of it which he today possesses.
When that day is here, the people will legally be the slaves of
these ten men.
The American people have been lulled to sleep by the "System"
until they have but a dull appreciation not only of existing
conditions but of their coming consequences. It is almost
incredible that a people as intelligent as the American people
can be so deceived and juggled with. However, when one looks
about and notes the degradation and dishonor to which public
opinion is seemingly indifferent, nothing is incredible.
The "System" has so far been able to keep the public in ignorance
of its doings. On the surface there is nothing to suggest that a
set of vampires have captured the high places of finance and are
sucking away the life-blood of the nation. Our banks and trust
companies all present a fair exterior and apparently are the same
safe and honorable institutions they were before the canker
fastened on them. Only its votaries know what the "System" is,
and their way is the way of silence and darkness. A tie,
stronger and more effective than the oath of the Mafia, binds
them to its service, and woe be to him who dares divulge its
methods. And even if the being be found who will venture an
expose' of the conspiracy, he will find it strangely difficult to
get his story past the traps and pitfalls which will be placed
between it and the public.
+ + + + + + + + + + + + + + + + + + + + + +
For related stories, visit:
http://www.shout.net/~bigred/cn.html
http://feustel.mixi.net
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of Conspiracy Nation, nor of its Editor in Chief.
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Aperi os tuum, decerne quod justum est, et judica inopem et
pauperem. -- Liber Proverbiorum XXXI: 8-9