grarpamp at gmail.com
Fri Sep 3 01:03:22 PDT 2021
We’re all familiar with the term, “quantitative easing.” It’s
described as meaning, “A monetary policy in which a central bank
purchases government securities or other securities from the market in
order to lower interest rates and increase the money supply.”
Well, that sounds reasonable… even beneficial. But, unfortunately,
that’s not really the whole story.
When QE was implemented, the purchasing power was weak and both
government and personal debt had become so great that further
borrowing would not solve the problem; it would only postpone it and,
in the end, exacerbate it. Effectively, QE is not a solution to an
economic problem, it’s a bonus of epic proportions, given to banks by
governments, at the expense of the taxpayer.
But, of course, we shouldn’t be surprised that governments have passed
off a massive redistribution of wealth from the taxpayer to their pals
in the banking sector with such clever terms. Governments of today
have become extremely adept at creating euphemisms for their misdeeds
in order to pull the wool over the eyes of the populace.
At this point, we cannot turn on the daily news without being fed a
full meal of carefully-worded mumbo jumbo, designed to further
overwhelm whatever small voices of truth may be out there.
Let’s put this in perspective for a moment.
For millennia, political leaders have been in the practice of
altering, confusing and even obliterating the truth, when possible.
And it’s probably safe to say that, for as long as there have been
media, there have been political leaders doing their best to control
During times of war, political leaders have serially restricted the
media from simply telling the truth. During the American civil war,
President Lincoln shut down some 300 newspapers and arrested some
14,000 journalists who had the audacity to contradict his statements
to the public.
As extreme as that may sound, this practice has been more the rule in
history than the exception.
In most countries, in most eras, some publications go against the
official story line and may very well pay a price for doing so. But,
other publications go along with the official story line to a greater
or lesser degree and are often rewarded for doing so.
It should come as no surprise, then, that media outlets often come to
report the news in a less than accurate manner.
Mark Twain is claimed to have said, “If you don’t read the newspaper,
you’re uninformed. If you do read the newspaper, you’re misinformed.”
Still, only fifty years ago, much of the then “Free World” enjoyed a
relatively objective Press. Even on television, reporters such as
Walter Cronkite, Huntley and Brinkley, etc. presented the news in a
bland manner. It wasn’t very exciting, but at least it was relatively
balanced and, to this day, most people who were around then still have
no idea as to whether reporters like Walter Cronkite were liberal or
conservative. Although he was a committed Democrat, he never allowed
that to significantly colour his reporting.
But today, we have a very different corporate structure as regards the
media. The same six corporations hold the controlling interest of over
80% of the media. And those same corporations also own a controlling
interest in the military industrial complex, Wall Street, the major
banks, Big Pharma, etc.
What we’re witnessing today is media having been transformed into
something more akin to a three-ring circus than journalism of old.
This is no accident.
The present travesty that is the 21st century media, is journalism in name only.
So, why should this be so?
Well, as it happens, people tend not to like governments dominating
their lives – simple as that.
And yet, the primary objective of any government is to increase its
size and power as rapidly as the populace will tolerate it. The only
reason that they rarely do this quickly, is that they can’t get away
with it. Like boiling a frog, it takes time to lull the populace into
submission, bit by bit.
Once having had enough time to do so, there comes a point at which the
government becomes woefully top-heavy, as well as unworkably
autocratic. At such times, all that’s necessary to make people rebel
is an economic crisis.
Such is the case in much of the world today – the EU, the US, Canada,
etc.. Even in their arrogance, the powers that be have to be aware
that they’re right at the tipping point. An economic crisis would
almost certainly push the situation over the edge.
When truth threatens to undermine machinations for
self-aggrandizement, individuals tend to obfuscate in order to delay
the inevitable fallout. Governments are no different.
So it was that, in 1999, the largest banks entered into a massive
lending scam that would most certainly collapse within a decade.
However, before putting the scam in place, they arranged for a
“bailout” by the government, which would effectively pass the bill to
the taxpayer, while the banks themselves simply increased their own
Of course, QE, as massive as it was, was a mere Band-Aid solution. All
those involved (big business and the government) understood that it
would hang like a sword of Damocles over the economy until it
inevitably came crashing down – a fate far worse than if QE had never
And so, for those entities to have invested into the domination of the
media was, in fact, essential. Had they not done so, it’s entirely
likely that, with a free press, the man on the street would, by now,
have figured out that he’d been hoodwinked.
Thus do we see the journalistic equivalent of Quantitative
Brainwashing, in which the inevitable realization is delayed for as
long as possible.
And, in order to make sure that the public do not figure out what’s
been done to them, the news reporting becomes Orwellian in its endless
repetition of a false narrative.
It is, however, true that, “You can’t fool all of the people all of
the time.” Eventually, the Band-Aid peels back to reveal an infection
that’s far beyond what had been generally perceived. It then falls
away in layers, as increasing numbers of people become aware that
they’ve been scammed – that the media is entirely corrupt and that the
media’s owners – big business - have, with the enthusiastic compliance
of the government, robbed them on a wholesale basis.
Historically, that’s when the jig is up. What happens then is a matter
of historic record.
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