“In the land of the blind, the one-eyed man is king.”
10 people who are skilled climbers that tie themselves to each other and then climb a mountain together are safer because of their connections. However, 10,000 people who do not have any competence in financial matters and then tie their financial future together… may be in danger of all falling off the mountain together.
Influence the masses through language. First, keep secret from the masses how language is used to influence them. Distract the masses from what language is and how words are used. Confuse them. Do not let them know that language is for influencing, for directing attention and behavior, for governing, for ruling.
Teach them to focus on what should be. This distracts them from what actually is. They can disagree about what should be and even argue about it- which is very distracting- but just do not allow them to focus on what actually is.
Discourage them from performing certain acts by criminalizing them or at least calling them evil or sinful or shameful. Encourage them to perform certain acts by advertising them or at least calling them good or righteous or favorable.
Whatever is defined as good in a particular culture, that is what the masses are programmed to do because it benefits the ruling class for the masses to behave in those ways. Whatever is defined as evil in a particular culture, that is what the masses are programmed not to do so that the ruling class can create a near monopoly on those behaviors which they use to maintain their rule. Teach them to react in rage, terror, and shame at any mention of the conspiracy.
Next, sell the masses what you do not want to own. If the ruling class wants to sell their assets to the masses, create and direct governments and media outlets to influence the people and then concentrate the trust of the people in bureaucracies like governments, insurance companies, and other private institutions including the mainstream media and banks.
Use governments to coercively redistribute wealth from the taxpaying masses to certain private businesses, such as licensed health care
The U.S. Securities and Exchange Commission headquarters located at 100 F Street, NE in the Near Northeast neighborhood of Washington, D.C. (Photo credit: Wikipedia)
providers receiving public funds like medicare. Many of their interventions are expensive and ineffective, but that’s the business. In the case of a government insurance scheme such as the FDIC, redistribute risk away from banks and the shareholders of those bankers toward the taxpayers. If the banks collapse financially, then the taxpayers will be billed for paying… to replace the funds that the average taxpayers have deposited in those banks.
But how can the average taxpayers afford to bail out the average taxpayers if the banks do not let any taxpayers withdraw money from their bank accounts? For the ruling class, that is the taxpayers’ problem. All that is important to the rulers is that the taxpayers believe that the FDIC protects them. As long as the taxpayers do not realize that they will be getting the bill for the FDIC, the taxpayers relax and feel safe because the FDIC is protecting them from the risks of the financial gambling of the banks.
Do the FDIC reduce risk? The FDIC transfers risk. The risk is simply transferred from the banks to the taxpayers.
Does an insurance company reduce the risk of an automobile collision or death or damage to a house or robbery? Insurance companies concentrate risk. That does give them a financial incentive to promote programs to encourage traffic safety and to discourage robbery and arson and so on, but, generally speaking, insurance companies are the most prominent examples of what is known as a ponzi scheme: insurance companies do not have enough money to cover all of their promises, but as long as new claims remain low, they can cover all of their new claims from new revenues and whatever cash they may have amassed.
So, the ruling class uses the commercial media and governments to encourage the masses to vastly under-estimate risk in investment markets. The masses are led to believe that agencies like the FDIC and SEC (Securities and Exchange Commission) protect them- as well as the insurance companies with huge concentrations of unfunded liabilities. When the head of the SEC resigned a few years ago in protest of the political resistance to her enforcing the laws of the US as written, what if the media were directed to choose to simply report other news?
The masses are encouraged to vastly under-estimate the risk of real estate declines, stock market declines, and the deflating of credit markets, or even the risk of rising fuel prices, such as when diesel passed $11 per gallon in 2008 in the UK and Germany. The masses are indoctrinated with the idea that politicians have control of virtually all economic changes and are responsible for the welfare of all of the wards of every welfare state. For instance, the Federal Reserve is implied to have the power to dictate the purchasing power of their private currency, their US Dollar notes.
- The Bank of Japan, Tokyo – seen from the Mandarin Oriental Hotel – @ The Nihonbashi Mitsui Tower (Photo credit: UggBoy♥UggGirl [ PHOTO // WORLD // TRAVEL ])”]
- [ Monetary Policies
If a nation’s economy is booming, the Fed and sitting politicians take credit and the media faithfully reports the editorial preferences of those who employ them. If a nation’s economy is faltering, the finger-pointing begins to determine which bureaucrat or bureaucracy should have better served the best interests of all of their wards, and, as always, the media faithfully reports the editorial preferences of those who employ them.
However, the drama presented by the media could be just a distraction. The editorial preferences of those who employ the media may be to cause an immense under-estimating of risk, then a transferring of that risk involuntarily to the taxpayers through a government program like the FDIC, and then a redistribution of wealth away from those speculating in stock market bubble, gambling on financed real estate, or believing in the most preposterous promises of insurance companies. Of course, for the masses to be lured in to such a scheme, there must be established some patterns that lull them in to complacency. There must be some lasting manipulations to slowly attract them in to a financial bubble which can slowly inflate, then suddenly deflate as the promises of insurance companies and so forth are brought back down toward their actual levels of cash. If they only have ten cents for each dollar they promise, then each dollar they promise is realistically only worth ten cents.
But the masses trust the insurance companies. And the masses trust the media. And the masses trust the governments. And the masses worship the words of the high priests of the financial bubble.
The masses are taught who to worship with their trust and generally are trained how to behave. They are programmed that “only a fool would fail to dump their money in to mutual funds, dump their credit in to real estate speculation, and dump their faith in the promises of private insurance companies and social security welfare programs.”
10,000 people who do not have any competence in financial matters and then tie their financial future together… may be in danger of all falling off the mountain together.
However, insurance schemes and even governments have a tendency to eventually end. The USSR went from nothing to a superpower and back to nothing in a single lifetime. Governments are fundamentally temporary just like any other organization, including insurance companies.
Most important may be to teach the masses to be ashamed of money and wealth. “The love of money is the root of all evil,” the propaganda instructs.
Will the mainstream media ever have a program about someone cashing out of his credit cards with cash advances, sheltering his money in the privacy and legal protection of a trust account, then making investment returns far in excess of the interest rates on the credit cards? Well, they might, but it is just that they have so many other things to choose to report…. As always, the media/public school system/religious leaders faithfully report the editorial preferences of those who employ them. (Yes, just as lobbyists influence the operations of governments, churches are not beyond the influence of their donors.)
“In the land of the blind, the one-eyed man is king.”