THE ROBERT W. WHITAKER ARCHIVE

The learned economists, the crme de la crme of the most respected intellectuals are today predicting that history will be a guide and the outcome of the current credit market collapse will be a continuation of the secular decrease in interest rates on US Treasuries.

These were same people who used the mortgage market as an example that the quantity of bond issuance is irrelevant. Their retort was always, "If the quantity of outstanding US Treasuries is relevant to interest rates, why can mortgages be endlessly issued without any effect on mortgage interest rates?"

This was before the collapse of the mortgage market that started in August of 2007. Now these same respected intellectuals are telling us the US government will have no problem floating the banks, the mortgage market, and the economy in general because history has proven that in big credit deflations the US government has endless ability to support its spending through Treasuries issuance because of unrelenting demand for risk free US Treasuries.

Both McCain and Obama are heavy followers of this doctrine. Problem is, it is pure BS.

The parasites are killing the host. It is obvious.

America's nonwhites have nowhere to go but to socialism. If they go to racial nationalism, they are choosing belligerence, something most of them are fools about because they cannot self-finance racial nationalism. This is precisely the problem of South Africa's blacks.

But socialism is loosing its affordability (which is precisely Europe's problem) because the well of parasitism has already been thoroughly tapped.

Therefore, it all must descend into racial nationalism.

McCain and Obama and their constituencies are sleepwalkers. They are all pretending that the socialist game isn't at an end. This is happening worldwide simultaneously. It is an awesome thing to watch.

Lady Bountiful is on the deathbed. For example; the mortgage market third world moves to America boasts of its culture and expects its brothers in the dollar a day part of the world to float the short term financing that puts said migrant into a quarter of a million dollar chipboard palace, uh huh. Mexican sneaks into LA brags about his machismo culture and taking over, buys a half million dollar house in a nondescript part of town, and we are to expect that a house in Mexico in a neighborhood of run of the mill Mexicans is worth that money, uh huh.

Dave,

We need to have more in common with Dennis Kucinich than with Thomas Sowell.

Or, one white socialist is infinitely preferable to a bevy of black capitalists.

The wave in modern politics is racial.

And Bob, I doubt that whites in South Boston or West Virginia ever heard of Zoroaster. Or cared.

But of course, your brand of intellectual beliefs are the right ones.

All to save us poor underclass working people.

When will you stop looking at the world as being defined by "isms"?

in reply to mrpelding:

I think Dave's basic point - the parasites effectively shape the Institutional Reality to meet their needs, and do this until the Greater Reality catches up with it - is quite substantial, and worthy of further discussion.

Remember the distinction between Culture - moving forward, transforming the Social Reality - and Civilization, as a freezing of the Cultural Moment.

Yet, all of these Institutions rarely examine their fundamental assumptions - there is simply too much power to be accumulated and defended - while the members identify with the Institutions to such an extent that they can not imagine a world where they do not rule, much less a world without them.

Consider, for example, the ratings agencies, whose abuse of the rating process has loaded the American pension funds with such "AAA" rated junk as to destroy the value of the intergenerational promise of pensions.

That leads to exciting political developments, as people realize the greater trade-off of their lives - "Work Hard, And We'll Take Care Of You" - has been used to play them for utter fools.

This is one small example of how badly Institutions can be subverted from within by parasitic forces.

An excellent example of this, and some solutions for it, can be seen in Speer's Chapter 15, "Organized Improvisation."

All Institutions eventually drain the life from the Host that gave them their reason for being, by becoming the slaves of the matters of Form, at the expense of the matters of Substance.

To look closer to home, look at "Movement Past," where - with the exception of Forrest, and his lieutenants - we seem to have blindly adopted the Forms that allowed us to be neutralized damn near from the start.

This is because few among us had the intellectual honesty, and moral courage, to Start Over from scratch - and define our Goals in broad enough terms to allow them our Institutions to develop organically, pretty much without limits.

Rockwell came close - at the end, he recognized the limits of the brownshirt/red swastika armband combination - but he would probably have adopted something like the black and khaki model used by the Scandinavian White Nationalists, for a unity of appearance.

He would have dropped the symbols of yesterday, and Creatively developed new symbols for a new day.

Now, to your points:

you wrote:

<blockquote cite=""> Dave,

We need to have more in common with Dennis Kucinich than with Thomas Sowell.

Or, one white socialist is infinitely preferable to a bevy of black capitalists. </blockquote>

in reply:

Socialists that follow the archaic model of pure economic redistribution do not foster systems that add value; they simply transfer value from one set of hands to another, without thought of how "value" is defined, much less enhanced, much less transformed into added value for the greater good.

Sowell is flat out smart; that is a quality we need a lot more of.

Kuchinich is a standard old-line socialist, in an America where I predict the UAW will awaken a year from now into a world where there is no room for them - at all.

you wrote:

<blockquote cite=""> The wave in modern politics is racial.

And Bob, I doubt that whites in South Boston or West Virginia ever heard of Zoroaster. Or cared. </blockquote>

in reply:

The fact that Southies and Team WV had never heard of Zoroastrianism is silent proof of the power of Christianity when it has been softened into a Institution that serves its priesthoods, at the expense of the people.

They didn't "care," but they could not imagine the parasites who controlled the Institution would conflate "Christianity" with the Bible Team WV), on the one hand, and the Roman Catholic Church, on the other (the "Southies").

They would all be better off if their relationship with Christianity as a living, organic relationship, free of the Institutional limits that stop them from being better Christians, and Christianity from being a better religion.

We can do something about that, slowly, quietly, and confidently, even using the salami slice technique.

It worked for them, it can work for us.

<blockquote cite=""> But of course, your brand of intellectual beliefs are the right ones.

All to save us poor underclass working people.

When will you stop looking at the world as being defined by "isms"? </blockquote>

in reply:

The issue is, "isms" are used to create, and define, institutions, which try to become Institutions, and the people they were supposed to serve become mortals serving immortal Institutions, which is another way of saying they serve the Form of the Institution, and the Substance of the Priesthoods that control the Institutions.

There is an important lesson for all of us in this.

From a Christian perspective, Jesus did not try to join, much less lead, the Sanhedrin.

He went from The Rule, to The Reason for The Rule.

Everything else followed from there.

I suspect all too many of us are trying to hold to essentially archaic Institutions, on all too many levels.

I suspect The Old Order is failing, and the successful new Institutions will develop organically, on the basis of Race.

Nothing else will be strong enough, or flexible enough.

Working on those institutions yet to come, is a good part of why we are here.

Mpelderling,

Your criticism is fair about "isms", because when those words are used it is just hard to know what the hell anybody is really talking about.

But I am a financial person, so I pay a lot of attention to the money side of things.

All I saying is that the niggers have no means for further finance of racial nationalism as they have already stolen all the money there is steal on that account. That's why South Africa is the way it is.

The niggers only alternative is outright strong-arm banditry and that doesn't work as a scheme because that provokes outright retaliation.

Lady Bountiful is indeed at an end.

A couple of decades ago the government got into the mortgage business big time. It dictated that some groups were to be granted loans without reference to a reasonable expectation that the loans could be repaid. The effects of the agenda grew, Topsy-like, and now the inevitable results are coming to fruition. The risks adhere to the general population (read Whites) and the benefits to a few (wired Blacks and shady financiers). The latter got close to the lion's share.

This episode is an example of one of my favorite truisms: All government programs become, within two budget cycles, a racket for insiders. All efforts by the government to prove that Blacks are equal to Whites will result in similar cultural and economic disasters. A false premise cannot lead to progress, or even stability.

The goal of these efforts to square circles is to extinguish the White race. It innate superiority cannot held in check, therefore it must be diluted by many means, one of which is burdening it productivity with myriad taxes, direct through the government and indirect through market manipulation.

When America was run for those free, White and twenty-one the response of the government to economic difficulties like those of today's, would have been to put on a few more bankruptcy judges and court clerks in order to drain the swamp. Instead the Jews and their faithful colored companions are being treated to a bail out that will further clog up the system. This is just one way in which the Whites are being subjected to economic genocide.

While puttering about preparing supper I often turn on a local talk show, Howie Carr. He is a respectable. He and his callers bemoan the 'rescuing' of unqualified borrowers, and, to a lesser degree, the peddlers of esoteric uncreditworthy securities, (the tribe must never be mentioned). The are obviously White and aware of where the money flows, to and fro, but are silent on the point. Race is never spoken of. They are frogs sitting in a pot a water slowly being heated atop a stove. Somehow we have to get through to them. There is a huge race component in the present economic dislocation and it is not being addressed.

Our institutions have devolved into matriarchal madness that of the nurse effect the nurse herself driven to despair. Like a friend's daughter a smart perhaps functionable human being with potential, but isntead a caretaker for 20 dogs, pregnant by a male and living in squalor.

Leave the shrieking to Limbaugh, the real power lies in questioning the rot. I pick on ol' John Nugent mostly because he fears his potential and fears breaking from past forms. If only he took his knowledge of his subjects formulated new inquiry then went out into his world and asked those questions like a white man scientist it would be his end scene from "2001." Plus I cannot reach Kevin MacDonald way too insulated by academic hoohaw to actually realize that when the chosen people actually single him out it is an opportunity to ask the ethnocentric race some serious questions.

We Mantra thinking white men when confronted by the colored and storytelling races need not shriek back but instead take a seat and ask, "Sambo in great detail tell me that story again."