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The Freemason's pyramid and all-seeing-eye of the U.S. dollar.

 

 

Yezhednevniy Zhurnal, Russia

America and the Soviet Union: From Pyramid Builders to Pyramid Raiders

 

"Having the dollar as the global currency facilit ated a clever financial fraud - increasing the dominance of the U.S. economy with the resources of other nations. … This strategy was a success: The dollar 'pyramid' brought down the Soviet 'pyramid.' The Cold War was won. But what to do with this victory? In the U.S., the era of the 'pyramid raiders' began."

 

By Avtandil Tsuladze

 

Translated By Yekaterina Blinova

 

July 20, 2011

 

Russia - Yezhednevniy Zhurnal - Original Article (Russian)

U.S. Treasury Secretary Timothy Geithner explains what would happen if the U.S. debt ceiling isn't raised, but assures people that he doubts lawmakers will fail to raise it, June 24.

 

FINANCIAL TIMES VIDEO: What a downgrade means for Wall Street, July 27, 00:03:45RealVideo

Will the U.S. default? Will the dollar "pyramid" collapse, or do these games still have some time to run? Highly-paid financial analysts and other serious people don't yet have answers to these engaging questions. Comedian Mikhail Zadorno on his program Egyptian Nights had a very precise idea: "There have always been those who build pyramids - and those who have raided them." This is an idea needs to be more carefully examined.

 

The pyramids were the basis of Egyptian civilization. Their construction was tied to the entire economic, religious and political life of the state. When the state began to decline, the plundering of the pyramids began. There was no one left to build them - and no means to do so. Their construction was no longer sacred. People no longer believed in the Egyptian gods and the pharaohs who represented them. The only thing of value was the gold kept within the intricate labyrinths of these once-sacred structures.

 

"The Pyramid Principle" has been the foundation of many civilizations. Let us avoid the anthropological wilderness and focus on two examples - the Soviet and American. Both civilizations built their "pyramids." The Soviet pyramid was strongly reminiscent of the Egyptian. The state announced "great construction projects" and the entire country was mobilized to bring to life the Party’s plans. "Priests" of the system ensured the ideological indoctrination of the population. The everyday life of the country was organized in such a way as to ensure the uninterrupted construction of "pyramids." Not surprisingly, the process became an end in itself, and along with the projects that were needed, many unnecessary ones were built. In the end, the same thing happened to the Soviet system as to the Egyptian - the construction of "pyramids" began to absorb more resources than the country could afford. The system of "red pharaohs" had collapsed.

 

Liberal monetarists began to capitalize on the "Soviet legacy." Production that failed to make a profit was declared unnecessary and like the treasures of the Egyptian pyramids, profitable companies were distributed among "insiders." The 20-year anniversary of the new Russia is also the 20-year anniversary of the raiders of the Soviet "pyramid." All this time, their power has been legitimate because the system of the "red pharaohs" was bankrupted economically and ideologically, while the raiding of the "pyramids" turned out to be quite an enthralling pursuit.

 

But then there is the "free world" and its leader, the United States. Somehow, everything is different there! Well - yes and no. The American "pyramid" is constructed differently than the Soviet. The basis of American might is also a "pyramid" - of the dollar. In its current form, this "pyramid" arose after America’s rejection of the "gold standard" [1971]. Up to that point, the USSR and U.S. were on parallel courses, and no one could accurately predict which would win.

 

 

When one studies publications from those years, it turns out that many preferred the Soviet system. The U.S. was the most industrialized nation in the world. Prior to World War II, about 50 percent of global GDP was produced in America. The power of the Soviet Union was that of the most dynamically-developing industrial power of the world. The pace of Soviet industrialization was so high that a simple extrapolation at the time left American capitalists in awe: If things continue this way, the Soviets will in the foreseeable future outdo the U.S. (similar fears are now being experienced by the U.S. in respect to China - successor and more modern version of the "Soviet project")

 

The U.S. departure from the "gold standard" radically changed the situation and the balance of power. Competition in the realm of pig iron and steel casting lost all meaning. Under Ronald Reagan, a simple concept won out: America can afford to increase its national debt without the risk of undermining its economy. On the contrary, the "pyramid debt" stimulated development of the U.S. economy. Having the dollar as the global currency facilitated a clever financial fraud - increasing the dominance of the U.S. economy with the resources of other nations.

 

This strategy was a success: The dollar "pyramid" brought down the Soviet "pyramid." The "Cold War" was won. But what to do with this victory? In the U.S., the era of the "pyramid raiders" began.

 

Under Bill Clinton, a budget surplus was achieved. But the oligarchy that formed during the Cold War was upset with these frugal policies. Why be petty when, having an instrument as mighty as the dollar in your hands, one can disperse throughout the entire global economy and receive super-profits? Clinton was discredited with "Monicagate."

 

Under Bush Jr., the former Reagan team began to operate in the same spirit as during the Cold War. The terrorist attacks of September 11 were very handy. Under the guise of fighting terrorism, the machine of government spending began to spin even faster than under Reagan - the limiting factor of the USSR no longer existed. Americans began to loot the "pyramid" that enabled them to topple their arch enemy. For investors, one of the main indicators of the U.S. and global economy became the index of American consumer activity. Simply put, the more American "shopaholics" consumed, the faster the global economy grew. "Shopaholics" were credited by the entire world.

 

 

The shortcoming of "pyramids" is that they cannot be built indefinitely. Any "pyramid" has its peak, followed by a decline and collapse of the entire system. The 2008 crisis was this "peak." But "pyramid raiders" can no longer stop themselves. Actual power is in their hands, which was illustrated by Dominique Strauss-Kahn’s example: he believed such financial policies were a dead end. The new IMF director, Christine Lagarde, rushed to call on the United States to take responsibility and raise its debt ceiling another few trillion. In the U.S. Congress, Democrats and Republicans are bargaining with one another about terms for the continuation of a dollar "pyramid." But these are temporary measures. 

 

The only chance for the United States now is to paw the raw materials of other countries. When the Egyptian pharaohs were short of money to build pyramids, they unleashed wars with neighboring states. The spoils went toward the further development of the "economic pyramid." America's "pharaohs" must act according to the same scheme. The destabilization of the Middle East has the goal of removing local elites in exchange for managers who will give the Americans open access to the wealth of raw materials in the region. In the United States, it is understood that the inflatable dollar "pyramid" has exhausted itself. If money isn't backed in the form of gold or something else, sooner or later this "Ponzi scheme" will implode.     

Posted by WORLDMEETS.US

 

It's no coincidence that Robert Zoellick has suggested a return, at least in part, to the "gold standard." The record rise in gold prices and in other precious metals is completely understandable - investors are looking for ways to reliably protect their capital. But the "gold standard" wouldn't ensure the necessary economic dynamics. It would, however, ensure oil. The growing consumption of raw materials around the world makes this product the basis of the global economy. De facto, the dollar is already pegged to oil. Oil prices and the "weight" of the dollar are inversely proportional: when oil prices go up, the dollar's value goes down. Therefore, the control of global oil reserves is a strategic objective of the United States. The new "oil standard" of the dollar will accelerate the U.S. economy and replace America's inflated dollar "pyramid" with an oil "pyramid."

 

SEE ALSO ON THIS:
Frankfurter Rundschau, Germany: 'Radical' Republicans Threaten U.S. with Ruin
Tiscali Notizie, Italy: The Fiscal Decline of the 'Apocalypse'
News, Switzerland: Notion: 'Pay Politicians Based on Performance'
Salzburger Nachrichten, Austria: Debt Ceiling Attack By Republicans 'Backfires'
Gazeta, Russia: America's Astonishing 'Battle for the Ceiling'
People's Daily, China: U.S. Game of Chicken Threatens Creditors and Economy
Die Zeit, Germany: U.S. Risks 'Plunging World' Into New Financial Crisis
O Globo, Brazil: Global Economy Hangs on 'Mood' of U.S. Voters
The Telegraph, U.K.: Down on the Fourth of July: The United States of Gloom
Financial Times Deutschland, Germany: For Americans, a Dour Independence Day
Financial Times Deutschland, Germany: Who Cares about the U.S. Economy?
Folha, Brazil: U.S. Conservatives Threaten to Plunge U.S. into 'Lost Decade'
Rzeczpospolita, Poland: Who Can Replace America as the World's Policeman?
Kayhan, Iran: Instead of Celebrating July 4, Obama Should Repent for Flight 655
The Nation, Pakistan: Seeing the Fourth of July Through Pakistani Eyes
Yezhednevniy Zhurnal, Russia: Why Unlike U.S., Russia Lacks Holiday to Freedom

 

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With regard to Russia, local elites are burning with desire to insert themselves into the process of creation of a new "pyramid" on honorable terms. That is the meaning of the venture to build in Moscow a "World Financial Center." Development is expensive. Plus - industrial development is an energy-intensive venture - which is evident in China. Why waste oil and gas on industrial needs when speculative gains and their sales are far more profitable? Major Russian companies have proven oil reserves for 20-25 years. During that time, they have to convert crude into cash and join the ranks of stockholders in the global oil and dollar pyramid. This is purely a financial scheme that doesn't involve developing the country. If the only thing of value Russia has is crude oil, then tens of millions of Russians become a liability. One hundred and thirty million people are too many for the servicing of an oil economy. Therefore, the "people" are being pushed back into the Middle Ages, while "oases" for the "White people" of Russian capitalism are being formed.

 

One of these protected zones will become Moscow's "World Financial Center." In fact, Russia is headed toward an apartheid regime: the privileged elite live behind high fences while cashing out the country’s raw resources, while the "people" pick up the scraps and survive however they can. This isn't apartheid by race, but is based on membership in the ruling class. The overall picture is no better. And foreign nations won't help. They have their own problems to solve.

 

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[Posted by WORLDMEETS.US July 27, 12:53am]

 

 

 

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