economy – economists

81 / 121 Re-Structuring

81 / 121 Re-Structuring on June 27, 2009

Tomorrow, or the day after, there is hardly a box outside of which it will not be necessary to think. In Church and world, the mentalities and structures of so-called “Western civilization” are collapsing around our ears. Still the mass of Western souls are preferring to slumber on in their audio-visual dream, but reality is closing in all the time – they may awake not before they are shackled into the New World Order.

The USA has for nearly a century acted as the shield and sword-bearer of “Western civilization.” Now its financial, economic and political power structures are melting down in a welter of greed, corruption, selfishness and dissolution slung between Wall Street, New York, and Washington, DC. However – let it never be said too often – “We the people” have only ourselves to blame. We have wanted the cause: godless materialism. Now we must live with the effects: the final breakdown of fractional reserve “banking,” of paper “money,” of democratic “politics.”

City structures are crumpling. In Flint, Michigan, original home of General Motors presently employing 8,000 local people where once it employed 79,000 and now bankrupt, local politicians are pioneering an idea to save their dwindling city: raze entire districts and return the land to nature. This idea so appeals to the Federal Government that another 50 cities have been earmarked as potential candidates for salvation by the bulldozer, including Detroit, Philadelphia and Baltimore.

State structures are failing. In California, Controller John Chiang said a few days ago that if State lawmakers cannot quickly solve California’s 24 billion dollar deficit, then next week he will have to pay State debts with paper promises to pay. “Unfortunately,” said he, “the State’s inability to balance the check-book will now mean short-changing taxpayers, local governments and small businesses.” It is easy to imagine how these will react, but it is not easy to imagine how the budget deficit will be solved.

As for our national structures, if we will not acquiesce to their being merged into the international New World Order, then surely a Third World War will be engineered to persuade us, starting with an 81/121 (a 9/11 squared)! Yet all these collapses pale in comparison with Vatican II, because it was the Catholic Church that was upholding “Western civilization.” If the Catholic collapse is not soon reversed by the Consecration of Russia to the Immaculate Heart of Mary, then one must wonder if the healthiest elements in the Church will not need re-structuring as an underground resistance movement.

Kyrie eleison.

Busted Compromising

Busted Compromising on March 28, 2009

Between the crisis of the Church, still compounding, and the economic crash now, as Americans say, “barrelling down the pike,” there is an interesting parallel to be drawn. Only those who think religion and economics have nothing to do with one another need be surprised. Both are seated in the same human beings and societies.

In both cases, according as, say over the last 300 years, man has moved further and further away from God, so he has made more and more compromises with the Truth and Laws of God and nature. But the nature of God and man and things cannot be changed, so that the moment comes when the compromising stretches too far from reality, and breaks down. That moment is today.

In economics, the founding of the Bank of England in 1694 was a major step on the way towards modern finance: central banks taking control of the money supply and therefore of the real government of the nations, by progressively replacing real deposits as the foundation of credit with fictitious credit as the foundation of “deposits.” Fake finance became global in the 20th century, and is being crashed in the 21st century to give to the money-men final control of world government. Alas, the sense of economic realities may have been lost too far back in the past for even real suffering and real riots to wrest that control from those who are masters of the mass of minds by their vile media.

In the Church, the steady diminution of the Faith over the 17th and 18th centuries gave rise to Concordats in the 19th and 20th centuries, by which the Church would renounce certain of her natural privileges in order to establish her most important rights by at least a contractual agreement with States where those privileges were no longer believed in. So it came to seem that instead of the human resting on the divine, the divine rested on the human, with the result that Catholic dogma may have remained for the 19th century anchored in God’s Truth, but when with the 20th century’s modernism and Vatican II the same shift towards man took over even Catholic doctrine, then the Church’s very structures immediately began to fall in ruins, today still piling up.

In both economics and religion, the remedy can only be to go in time forward by going back to healthy basics, and by giving up on trying to extend the series of unhealthy compromises with a world that has run itself onto the rocks. However, whereas in economics the enemies of mankind may win, in religion we have God’s own promise (Mt. XVI, 18–20) that they will not prevail over the Catholic Church. So we prepare to suffer, but we pray, especially for the Pope, with an unshakable trust in God.

Kyrie eleison.

Getting Serious

Getting Serious on February 28, 2009

Another good friend will not mind if I quote recent correspondence of ours, because he asked a question which a number of souls may be asking: “What to do now?”

He quoted back to me from a letter of mine to him two years ago: “As for the ability of Catholic Tradition and naturally sensible people to respond adequately to this unprecedented crisis of human nature, I think that if these days are not shortened, everybody will go under. Of course the Catholic Church will survive, but maybe in a rather smaller remnant, by a severe purge of what today goes under the name of ‘Tradition’ .” And I went on to wonder how many good souls in 2007 had a sufficient grasp on the big picture (not just on the mechanics of Tradition) to prevent their being in effect left high and dry, not to say positively undermined, “by the corruption sweeping on, around and beneath them.”

After this quote of mine, my friend then asked, “Where do we go from here? With the horrible effects of the economic implosion reaching down to Main Street and the political upheaval naturally following in its wake, where are we in history and what do men like myself now do? I have not spent my life fighting for the Faith to finish up defending an American Indian-style reservation for Catholics!”

As to the economic disaster, I replied to him a week ago that it is now only starting, and that it means that family fathers like him must look to ensuring the basics of survival for their families. I said it will surely come to hunger and starvation, and I could have added, to blood in the suburbs. The Western peoples and therefore their politicians are so far out of touch with reality that only an appalling Third World War can begin to bring them back to it. War will present itself to such politicians as the only possible way out of the insoluble economic problems. Another 9/11 risks being fabricated to start it.

As for the disaster in the Church and our situation in history, I replied that it means we must pray quietly, steadily and seriously, as though the Lord God is important. With the 313 AD victory of the Roman Emperor Constantine at the Battle of the Milvian Bridge, Catholics switched from fighting lions to fighting heresies, but with Vatican II rotting out both Faith and minds, the official Church gave up fighting heresy, so for Catholics it is back to fighting mindless beasts in the arena. Another Age of Martyrs is upon us. “Today’s Catholic Church,” I concluded, “desperately needs friends of God as serious as are his enemies,” because such seriousness is alone capable of conquering them for Our Lord. Moreover such seriousness “can no longer be proved with mere words, which have been worn bare of meaning, but only with” – and we come back to – “blood.”

Dear friend, pray the family Rosary, plant potatoes in the garden and teach your children about the martyrs of the Early Church, whose testimony reaches way back beyond any native reservations.

Kyrie eleison.

Come, Lord!

Come, Lord! on January 10, 2009

If the rolling crash of finance and economics will help to pull families together and even impose some hunger, it will be a blessing, a blessing in disguise maybe, but still a blessing, if one listens to what a family physician practising medicine in the Eastern United States has to say about the current state of his patients. Here are a few of his observations (more may appear in an upcoming issue of the “Angelus”):

“There is a war on fertility taking place. A soft eugenic war, which chooses who lives, is being waged against the American people, according to a Fabian program of gradualism and incrementalism, to get rid of social problems, e.g. poverty and old age, by getting rid of the people! Contaminated food and water serve in this war. Also anti-depressant pills, all of which stop the reproductive function. Sperm counts are way down.

“Our food is no good, and people know it. The more natural diet of poor people is healthier than that of the well-to-do. When deer face a choice between natural corn and manipulated corn, they make straight for the natural corn! Hispanics and blacks still have some common sense, but the disintegration of the family amongst the white people is causing a loneliness, loneliness, loneliness, which is pushing them to eat their unnatural food for comfort. Cases of diabetes have doubled in the last ten years. Recently I had in my office a 14-year old weighing in at 393 lbs! And youngsters like him are more and more common. People are overfed yet undernourished. Children fed in the way they are being fed today will not live. Drugs like Ritalin only calm them down externally because they stimulate them internally. Modern pills are dangerous, liable to upset people’s brain-chemistry for ever, like in the Soviet Gulag. As a patient said to me recently, ‘I just don’t feel right any more’.

“But the genocide is not only physical. People are being deprived of their faith as of their nutrition. The slow, rich, Catholic culture is going, going, gone, to be replaced by a toxic Protestant anti-culture, pushing frenetic parents, for instance, to orchestrate their children’s lives at such a fast pace that they cannot grow normally, and their attention span is destroyed. People are profoundly out-matched by this anti-culture. They do not stand a chance. They cannot listen any more. They can only believe what they see on television. They are despondent, but it is tough for anyone like me to go up against what is supposed to be “science” in the attention-deficit culture.

“The Novus Ordo religion is no help because it is part of the problem! It is saturated in female hormones, and has nothing with which to go up against the anti-culture. I completely understand that to get through to the modern world, Heaven may need to resort to a miraculous world-wide Warning, such as we were told of at Garabandal in the 1960’s. Such a warning fits the condition of my patients like a key fits a lock.” End of doctor’s quote.

Come, crash! Come, Warning! Come, Lord Jesus! (Apoc. XXII, 20)

Kyrie eleison.

Thrift Matters

Thrift Matters on January 3, 2009

Another brief visit to the United States gives me to think that a large part of the population, while concerned about the financial and economic state of their nation, are going about their business as though there is nothing too much to worry about. Perhaps there is not much else they can do. Perhaps it is only human to go on “eating and drinking, marrying and giving in marriage,” until the catastrophe hits (cf. Mt. XXIV, 38).

However, my own best understanding, from the commentators who make the most sense to me, is that a major catastrophe is on its way, which will go way beyond mere finance and economics. The best commentators see what stands to reason, namely that if the problem is deep and human, its roots are moral and, ultimately, religious. Let us back up with one commentator from today’s effects to yesterday’s causes (within the USA):—

Regulators and financial institutions “woke up too late” to the collapse of a pyramid of debt, partly because in its last stage it had been too profitable to them. In this last stage “liar loans” in the form of SIVs (Structured Investment Vehicles) had been invented to deal with borrowers on housing not repaying their debts. SIVs did this by packaging good mortgages with bad, and selling the packages as “investments” to gullible investors who did not do their homework. Everything seemed good until housing values fell, as they were bound inevitably to do. Then borrowers repudiated their debts, confidence cratered, investors and huge financial institutions were bankrupted, from the USA outwards to much of the rest of the world.

And why had housing in particular brought down the house of cards? Because housing, second most important part of the whole US economy, had become an investment as well as a home, and collateral for house “owners” to take out still further loans. Moreover since the 1970s, the US government had been subsidizing mortgages for people normally unfit to borrow (but who vote!), and it had been bullying lenders to make loans according to “equality” and not according to their better judgment.

Further back still, the government had set households the example (taught by the Englander John Maynard Keynes – “Tomorrow we are all dead anyway”) of living beyond one’s means, as though endless borrowing could ensure an endless increase of prosperity. Financial responsibility was made to seem a thing of the past. Such reckless behaviour on the part of the government had been greatly facilitated by the disastrous founding in 1913 of the private bankers’ Federal Reserve, enabling the government, amongst other things, to rob the mass of citizens without their realizing it, by means of inflation – five cents then bought what only a dollar can buy now.

But let us make no mistake – broadly speaking, citizens have from God the governments they deserve, especially when they are convinced that their government is “democratic.”

Kyrie eleison.

Providence’s 2009

Providence’s 2009 on December 27, 2008

In mid-November last year “Eleison Comments” recommended “fastening seat-belts” for the year 2008, because a couple of private revelations and above all “pressure building towards a third World War” together constituted “at least an orange alert.” Was the alert justified? What about 2009?

As for the alert, WW III has still been postponed, but it is surely not cancelled. “The justice of God grinds slow,” says the old proverb, “but it grinds exceeding small.” In other words, the Lord God may take his time – “He dealeth patiently for your sake” says St. Peter, “not willing that any should perish, but that all should return to penance” (II Pet.III,9) – yet God does not miss the least little detail. The year 2008 has seen only the stepping up of the offences against him – indifference, blasphemy, immorality, etc, etc. At a given moment he is going to say, “Enough!” In 2009?

Possibly. In any case it is worth recalling that in 1917, under Pope Benedict XV, Our Lady said at Fatima that if Russia were not consecrated to her Immaculate Heart in the way she would come to ask, then another more terrible war than WW I, then raging, would break out “under the reign of the next pope.” This would be Pius XI. Yet Pius XI died in February of 1939, whereas WW II was declared by England and France only in September of that year, under Pius XII. Had Our Lady made a mistake?

That is not likely. What happened was that in January of 1938, while Pius XI was still pope, exactly when the unusual red light foretold by Our Lady to be the warning sign of “the more terrible war” was seen all over Europe’s night-sky, Stalin was being told in Russia how, by making an alliance with Hitler (the subsequent Ribbentrop Pact), he would enable Hitler to launch an exhausting war to the West (declared ten days after the Pact!) which would open the way for Russia to take over all Europe from the East. In other words, WW II broke out in public under Pius XII only because it had been previously planned and decided in private under Pius XI. So Our Lady was not mistaken. And God knows how for well over a century his enemies have been planning WW III.

So as for the coming year, let souls still asleep in economics or politics wake up to how it is God’s justice that is closing in, and let souls awake but who may be discouraged or frightened by what they see around them, take heart! Shortly before dying of a horribly painful tuberculosis, St Therese of Lisieux said, “I am more convinced than ever that Providence watches over the least little detail of our lives.” How could it be otherwise?

Kyrie eleison.