By Michael Moriarty
Hmmm … I know Harvard was a major player in the Progressive Revolution in America. Prof. Henry Kissinger's real politik and President Barack Obama's "Change", the two "concepts" resulting in America's disastrous "Progress" in Vietnam and President Obama's leap into a one trillion dollar addition to our national debt – the fruits of a projected, three and a half, trillion dollar budget - these are products of the "best and the brightest" of Harvard.
However, the Ivy League's other major, left-leaning think-tank, Columbia University, has obviously played an even more radical part in what can only be called the Progressive assault upon the previously "self-evident" foundations of American stability.
From the hallowed halls of Columbia, George Soros recently predicted a possibly bottomless fall for the American economy.
"We witnessed the collapse of the financial system,' said Mr. Soros at Columbia. "There's no sign we are anywhere near the bottom."
Paul Volcker, at the same conference, echoed Mr. Soros' sentiments, "I don't remember any time, maybe even in the Great Depression, when things went down quite so fast, quite so uniformly around the world."
Fear-mongers are quite fashionable these days since President Obama used his own doomsday proclamations to rush through his trillion-dollar "Bailout". When names like Harvard and Columbia are associated with such pronouncements, the call for panic has been issued from on high … and the likes of George Soros seem almost happy about it.
In short, American capitalism may never recover.
George Soros is a known proponent of socialism, and therefore an unapologetic enemy within the very halls of Wall Street's venture capitalism. His investment cunning has earned him a few legendary titles worldwide such as "The Man Who Broke The Bank of England". His brazen loyalty to Vladimir Putin of Russia and his considerable investment in the successful Obama campaign for the Presidency has him as the virtual King of the Obama Kitchen Cabinet. This renders him a similarly backroom, decisive vote within this profoundly Progressive, New World Order Elite.
The failure of capitalism appears to be music to Mr. Soros' decidedly Marxist ears.
Perhaps his own phenomenal success in the free market justifies his contempt for it. I'm not enough of an economist to know that for certain, but success with money does not necessarily confirm a genius for knowing the ultimate course of history.
However, when George Soros talks money … one had better listen.
According to his recent and fairly complete analysis of the economic crisis in the Financial Times, he blames the government for not initially coming to the aid of Lehman Brothers. Perhaps he secretly believes the stimulus package is not big enough.
Fret not, sir, we're already being warned of more stimuli to come.
He then leads us through the equivalent of economic Quantum Theory Games, credit default swaps or CDS. The descriptive title alone stands as more than an incipient, double negative, all depending on how youswap such credit defaults. Money games like that have little direct relevance to any product that the human race might at all be interested in purchasing. There's not even a racehorse involved. You have only the race of money itself.
When money is only invested in money you have illusory procreation. The monetary children of such a marriage are ultimately sterile, rather like pyramid schemes. They're illusions that only drag more money down with them. He who profits from a CDS leaves many others in financial disaster. This is not a competitive free market. They have, as Soros himself describes CDS in the bond market, a "downward pressure on the underlying bonds".
Right, he doesn't want to call it a depressive effect … sounds too much like a Depression.
When major money changes hands with no real product to be sold, we have gambling … and when the "house always wins" we have a "downward pressure" on the consumer that can lead to not only economic depression but suicide.
Does Mr. Soros know this? Of course he does. With Putin and Obama as close friends, George Soros is the "House" now.
However, there is no better way to destroy capitalism than to lead it, the market, all the Wall Streets in the world and all the would-be millionaires into a venture capitalism that rests on nothing but money.
Soros' own secret to success is revealed when he exposes the blatant mispricing of stocks and bonds. Mispricing is so rampant in the market that betting against it, or "shorting the market", exposing the lies is a most profitable shooting gallery for players who like to draw blood.
Is the fault of capitalism, capitalism itself?
George Soros would have us think so.
No, the problem is the universal one: Lies!
Our present nightmare is not the fault of capitalism. It's the fault of lies from both sides of not only Wall Street but also from all four corners of America's governing estates: executive, judicial, legislative and the so-called free media.
The biggest lie in America, however – the biggest lie since the 89 years of legalized slavery - is already 36 years old. It is the 1973 declaration by the United States Supreme Court – the body of men who legalized slavery with the Dredd Scott decision - that a gestating infant is not a human being … until, perhaps, its third trimester. It is the lie that says the Roe v Wade decision is not legalized murder … and gives the lie to our belief that "all men are created equal". Because of Roe v Wade, millions of infants are legally destined for the toilet.
With 36 years of a cardinal falsehood like that, all other, smooth-faced, charming lies and liars become inevitable.
Until Roe v Wade is overturned, the bottomless economic fall for America, one that George Soros predicts, is only the first big step downwards. If The Biggest Lie, Roe v Wade is not overturned … then all the other lies will spawn more of their own kind … assuring us that the worst is yet to come.
Because of the homicidal depth of hypocrisy in a nation where all men are "created" equal … and not gestated as possible candidates for abortion. With such blazing self-deception, America, under Progressive leadership, is becoming one, momentous and increasingly death-filled volcano of lies. Under the inspiration of the "Stimulus", the volcano is erupting with tons of "Bailout" lava that will bury us in debt to Red China.
Remember how the Soviets threatened us with "We will bury you!"
Unfortunately and as Abe Lincoln generally predicted as a national suicide, if America is going to be buried, it will bury itself … with lies.
Michael Moriarty is a Golden Globe and Emmy Award-winning actor who starred in the landmark television series Law and Order from 1990 to 1994. His recent film and TV credits include The Yellow Wallpaper, 12 Hours to Live, Santa Baby and Deadly Skies. Contact Michael at email@example.com.
Get weekly updates about new issues of ESR!