Applying the Principles of National Banking Today
In last week's class we discussed the principles of Hamiltonian National Banking. This Saturday Robert Ingraham will present an outline of how we can apply those principles today.
It’s Friday and as this tumultuous week ends, Joe Biden’s “Big Boy” press conference is over. The commentators’ consensus is that Joe Biden’s candidacy survived Thursday night and lives to a yet to be determined new day. The Biden White House and the Democratic old guard, led by the Obamas and the Clintons, are now in a game of chicken about continuing Biden’s candidacy. The latest salvo from the old guard camp is a claimed $90 million and counting boycott of further funding for the Biden campaign.
The context was set by Biden’s disastrous debate with Trump. The American people now know that the President is senile, that the media and the intelligence community have covered up that fact, and that continuing this charade threatens to end the United States. But, the President’s senility, and the regime’s complicity in covering it up, is only a very visible representation of the delusions of the Anglo-American elites, delusions which Biden and all of Washington’s finest have joined for decades. If they prevail, and Trump does not, further economic devastation and nuclear war are on the immediate American agenda.
This week President Trump released his Republican Party platform, a document which he edited himself and which is dedicated to “the forgotten men and women.” It promises an end to the regime’s forever wars and outlines a bold plan for the economic and cultural revival of the United States. By contrast, Biden’s vaunted NATO summit this week in Washington, promised to continue the Ukraine slaughterhouse forever, while expanding the theatres of NATO’s wars to China and, Iran.
In solidarity with Trump, Hungary’s Victor Orban has undertaken a “peace mission,” visiting Moscow and Beijing prior to the NATO summit, meeting with Turkey’s Erdogan on the sidelines of the summit in Washington, and then flying to Mar-a-Lago to meet with Trump as the NATO fiasco concluded in Washington. “We continued the peace mission in Mar-a-Lago," Orban wrote on his official social media account on X. "President @realDonaldTrump has proved during his presidency that he is a man of peace. He will do it again!" In a post labeled “Peace Mission 5.0” he wrote, "We discussed ways to make peace. The good news of the day: he’s going to solve it!"
That is the state of play heading into the Republican Convention on Monday. Trump is promising an optimistic look into the future Americans can build while the Democratic Party, trapped in the satanic axioms of its New World Order, thrashes about with the same dirty mantras it has employed since Hillary Clinton lost the 2016 election to the class traitor, Donald Trump. Trump is a threat to democracy they scream, while simultaneously campaigning to thwart the will of everyone who voted for Joe Biden in a rigged primary election process which eliminated any other candidate but Biden. Trump is a Putin lover they tell their labile devotees endlessly, while they support a real dictator and real Nazi collaborator, the coke sniffing Volodymyr Zelensky of Ukraine. Trump will end the rule of law, they stipulate, will they rip the Constitution to shreds in prosecuting both Trump and his supporters in an overt effort to either destroy his candidacy and his political movement or, failing that, create the conditions by which they can assassinate him.
Their latest screed is a fulminating attack on the Heritage Foundation’s Project 2025, a set of policy prescriptions the Heritage Foundation has been making for Republican presidents since 1981. It does not have much to do with what Trump is proposing, as he has noted dismissively, and largely consists of Washington bipartisan group think in both its defense and security state proposals. These proposals are fully consistent with the Democrats’ policies and are at complete odds with Trump’s antiwar stance. Its economic proposals echo much Bush Republican orthodoxy rather than Trump’s American System centered policies. Since it runs almost 1000 pages of wonky DC policy talk, the Jacobin propagandists are banking on the fact that few will actually read it.
Thursday’s do-or-die Biden press conference was presaged by Biden’s own staff calling it “the Big Boy” press conference. This echoed Jill Biden’s patronization of her mentally vacant husband in video filmed immediately after the disastrous Biden/Trump debate. Jill praised Joey for “answering all the questions” in her best sing-song teacher’s voice. That, and a press barrage predicting disaster, set a low bar for Biden to crawl over and appear serviceable for the immediate period ahead. He began the event with a competent teleprompter reading, followed by increasingly rambling answers to softball questions from pre-designated reporters led by the British Reuters and Financial Times. He scored two major flubs for the evening and lots of minor ones. As usual, he lied repeatedly about Trump and his own prowess and accomplishments, mocking those who don’t believe in him in creepy aggressive whispers about how he did things which no one believed could be done. In a new practice, Biden was fact-checked by the New York Times. He flunked.
Just before the presser, at the closing of the NATO summit, Biden elaborately introduced the Ukrainian errand boy, Zelensky, as Vladimir Putin. At the event itself, he renamed Vice-President Harris, Vice-President Trump. Not cited in the post-game wrap-ups, but significant in my view, was his reference to the Defense Secretary or the Joint Chiefs Chair (unclear which) as the Commander-in-Chief, while appearing to describe minute by minute White House monitoring and control of the Ukrainian battlefield. We’re told repeatedly, however, that the Ukrainians are acting independently, and the U.S. is only a cheerleading financier and weapons supplier. The Russians know this is a lie even if Americans are deceived. Desperate to avoid defeat for the continuing economic catastrophe his coterie of close advisors created, Biden claimed he would author a measure preventing corporate landlords from raising household and other rents by more than 5%. He was oblivious to the fact that this would lock in an inflationary 5% increase in rental rates nationally.
Otherwise, the flow of the event was one which has been ongoing for years: a drug hyped Biden starts energetically and coherently and fades as the event proceeds. As he fades, he approaches full blown crazy and catches himself by weird whisperings of anger and hostility and, often, but not last night, bouts of shouting. He starts to ramble incoherently and then stops himself with “well anyways,” having lost his train of thought. His paranoid thoughts jump out, like the way he threw his staff under the bus last night by slyly claiming they were filling his schedule with unwanted events which disorient him, talking about him out of school, and causing him to “catch hell” from his wife. Most Americans who have cared for a loved one with dementia have no problem seeing this for what it is. Tucker Carlson reports that Joe’s sister, Valerie, was telling confidants in 2019 that Joe had dementia and that the family did not want him to run for President.
Biden did largely keep away from the outright fabrications about his scholarship, his ever-changing background depending on his audience, (with Jews, he regularly attends Synagogue, with Black folks, he claims to attend black churches), and his exchanges with famous individuals and world leaders, dead and alive, which dominate informal public events. Lyndon LaRouche was accurately describing Biden as devoid of any moral compass or conviction way back in in 1987, when Biden’s plagiarisms and fabrications forced his withdrawal from the presidential race. “So much of Senator Biden is now attributed to be a carbon copy of other persons, that a humorist might be forced to speculate whether or not ‘Joe Biden’ were merely a computer synthesized laser hologram, pieced together out of entries taken from Bartlett’s Familiar Quotations,” LaRouche wrote.
Axios’ Mike Allen and Jim VandeHei, in a piece entitled “The Committee to Unelect the President” say it is now the old bulls of the Party, Obama, the Clintons, Pelosi, who are out to oust Joe in an open and committed alley fight with metaphorical knifes out. Allen and VandeHei are extremely well-sourced on all sides of the battle. On the other side are Joe and Hunter, and cronies who are too ensconced in the fake façade to quit now. A desperate Hunter, facing years in jail, is now part of the inner White House councils and, according to multiple sources, Hunter is the person Joe Biden is listening to most.
The Democrats internal polling is brutal, with Trump widening his lead in must win battleground states and Democratic Senate and House candidates taking a beating. That is a significant factor in the dynamic as neither Biden nor the old bulls can afford to lose to Donald Trump. Any honest exploration of where they have taken the United States, from the Obama Administration forward, which will occur, potentially, under a Trump presidency, will reveal a trail of corruption and treason which will destroy them all politically, if not legally.
It is easy to anticipate that an insider will come forward soon with some new devastating information about Joe which will be the coup de grace. After all, there is no clear explanation as to why Biden, known to be sundowning, would be sent into a debate without teleprompters or notes against Trump who is famous for getting inside the heads of debate opponents and wreaking havoc. Was it only the fact that all the lawfare had backfired, that it was impossible to hide that the Ukraine war was lost, and that the polling had gone far, far south? That seems too rational for this crew. Was the plug pulled now because of something very ugly about which we have not yet heard? Or were they simply deluded, having gotten away with their swindle for so long?
No one that the Democrats might run in Biden’s place is exempt from his failed policies, starting with the lost war in Ukraine. All of them vociferously support this, despite the demonstrable fact that it has largely destroyed the Ukrainian nation. After proclaiming that superior NATO arms and intelligence would bleed Russia to death, Russia’s economy has grown. After Biden blew up the Nord Stream pipeline, cutting Germany’s gas lifeline from Russia for its economy, that economy is undergoing a rapid and fatal deindustrialization. Most of Europe is now economically prone, suffering the fate Biden wanted for Russia in a gigantic but predictable boomerang. A new bloc of nations, penalized by the globalists with sanctions, whose survival now depends upon economic innovation and physical economic growth, is challenging the Anglo-American financier’s moribund “Rules Based Order.” At the NATO summit, a plan to continue Ukraine’s lost war for at least another year of slaughter was agreed upon by leaders whose populations are in full revolt against them in Britain, in France, in Germany, and in the United States.
Ukraine has become an experimental battlefield for new weapons systems being tested for what is considered the ultimate new war with China. Dying and fleeing Ukrainians are the guinea pigs in this cynical and genocidal experiment. The Wall Street Journal has a July 10th piece outlining how these new wonder weapons are failing as Russia rapidly innovates and figures out how to defeat them with its national survival at stake. The companies involved in this weapons trade are in it for the money, not for purposes of patriotism or nationhood. They also lack the engineers and skilled tradesmen to compete, since they gave up production and building physical products decades ago.
Biden’s nation killing and inherently inflationary Green New Deal economic policies, dictated by the British dominated World Economic Forum, are the natural successor of uniparty policies which began to evolve following Richard Nixon’s collapse of the Bretton Woods system in August of 1971. Then the Trilateral Commission set out to deliberately disintegrate the U.S. scientific and industrial base and replace it with the consumer, service-based economy. They envisioned, “fascism with a Democratic face” as the preferred political structure, accompanied by a “counterculture” featuring bestialized entertainment, racial and sexual identity politics, and rampant drug use. This is the explicit character of the Obama/Biden regime. No prospective Biden replacement disagrees with his policies. Trump alone has blazed a different trail, one which promises the long-awaited American renaissance. He has exposed their incompetence and failure. That is why they hate him so viscerally.
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