As usual, even though it’s the day after Thanksgiving, the experts and usual suspects are running themselves ragged doing everything they can to keep the economy and other people down instead of taking the just and easy way out and adopting the Economic Democracy Act:
• Harry Frederick William “Bill” Perk, R.I.P. We were saddened to learn recently of the death of Bill Perk, a long-time supporter of CESJ, this past September 12, 2022, at the age of 94. Bill, a professor at Southern Illinois University, was an enthusiastic member of CESJ, even putting it on his business card. He was instrumental in introducing CESJ to the ideas of R. Buckminster Fuller, with whom he worked, and was a key participant in the attempt to finance Fuller’s dream of “Old Man River City” in East St. Louis, Illinois using the ideas of Louis Kelso and the Just Third Way of Economic Personalism.
• More Prophecies of Doom. Believe it or not, even the Federal Reserve is starting to admit that their policies are leading (or forcing) the economy into what they euphemistically describe as a “recession” but which in earlier, less sophisticated times they called a “depression.” Of course, they could fix the entire problem (although clearing up the symptoms and results will take a while) by adopting the Economic Democracy Actat the earliest possible date and stop creating funny money, but that has never been considered.
|If you can't eat 'em, join 'em|
• Forward Into the Past. Vladimir Putin’s dreams of wealth, glory, and more wealth (and more, and more, and more . . .) have been somewhat derailed by his war on Ukraine and the rest of the human race, including his own people. According to some experts, the result of the Russian dictator’s actions to date have been to set Russia firmly on the path of economic regression, and have set the Russian economy back forty years. Is there a way out? Yes: get rid of Putin and adopt the Economic Democracy Act.
|Boohoo, hte banks are running out of money|
• Are Big Banks Running Out of Money? Even though the government is creating massive amounts of money, the “big banks” have expressed concern that they are running out of money. . . which tells us that the people in charge of the system don’t have a real understanding of what a bank is or even what money is. Ironically, a commercial bank has the ability to create money as needed, and was, in fact, to do precisely that. If the banks of any size are worried about running out of money they need to adopt the Economic Democracy Act, which is based in part on the proper use of the commercial and central banking system.
• More from Social Insecurity. The good news is that “seniors” can expect more from Social Security in the near future. The bad news is that “seniors” can expect more from Social Security in the near future. What no one asks is where all these lovely increases in benefits are going to get the money. No one considers the possibility of retaining Social Security as a social safety net based on need, but shifting the bulk people’s “retirement” income to the program presented in the Economic Democracy Act.
• Gimme That Old Time Populism. It’s not as if it hasn’t happened before, but America’s farmers are being squeezed by higher credit costs . . . at a time of inflation, demand is increasing, prices rising, and they should have everything going for them EXCEPT the artificially set “price of money” — the interest rate. Of course, the real understanding of interest is that it is the just share of profits due to a lender of existing savings; “usury” is charging interest — taking a profit — when no profit is due or taking more than is due. This is the position farmers were in following the American Civil War during a period of deflation, rising demand, and falling prices, and again during the 1970s. The key to resolving this situation, as William Jennings Bryan knew (and why he got behind the Federal Reserve Act of 1913) is low-priced credit for productive purposes. This is one of the major ideas behind the Economic Democracy Act.
• Another Impossible and Unrealistic Social Security Fix. The experts are advising people to wait longer before signing up for Social Security, but that will not fix the crisis they see coming. The problem is that they always ignore the underlying problem, which is that far too many people are taking out of Social Security for far too many things and far too few people are paying in to the system. The only rational solution — and the only thing not being considered — is the Economic Democracy Act.
|Totally New Age, Dude, fer shure|
• Sorry, the Shift Was to Keynes a Century Ago. Yet another expert is tell us to expect a “shift” in the economy at the most fundamental level. That’s a very astute observation . . . but it’s about a century and a half too late. As an exercise in 20/20 hindsight, it’s great, but the shift came with the change from the Banking Principle to the Currency Principle with the passage of the British Bank Charter Act of 1844 and then the virtually global adoption of Keynesian economics in the 1920s and 1930s. What can repair the damage and shift the of the world back to the Banking Principle and a sane orientation is to adopt the Economic Democracy Act.
• More Expert Doomsayers. Some of the experts are beginning to insist that (other) people are consciously ignoring signs of a coming financial and economic disaster, or (as they put it) “whistling past a graveyard.” Of course, what doesn’t occur to anyone is what are they doing around graveyards in the first place. The way the system is currently set up, the one thing you can count on is that a financial and economic disaster is certain to come. The only thing that is going to stave off disaster — or help us recover from a disaster — is to adopt the Economic Democracy Actat the earliest possible date.
• Savings Disappear in Inflation. Much to the astonishment of the usual suspects, we mean experts, people aren’t saving in a time of high inflation! The experts cannot understand why when real income is declining, and prices are rising through the roof people don’t have anything to put aside. The solution? Flood the economy with more money, forcing prices higher, and depleting savings at an accelerating rate. Alternative, they could push for the Economic Democracy Actand increase savings by increasing investment.
|This dic . . . tator is really for the birds|
• More Writing on the Wall. One of the things on which Russian Dictator Putin has continually insisted is the ability of Russia to supply from its own resources the western products and technologies it wants and needs to rebuild the economy Putin has undermined. Unfortunately for Putin, more companies are getting the hell out of Dodge. As we have seen above, some experts have already claimed that Putin has set the Russian economy back forty years. Of course, it could easily be revived with the Economic Democracy Act, but that would spread out property and thus power, which is the one thing Putin fears even more than germs.
|Ya gotta know when to hold 'em|
• Latest Gambling Predictions from the Touts. Although most gambling advisers and Wall Street Turf Accountants (touts and bookies) tell you to expect a surge in stock prices in December in advance of year-end profit-taking, the experts are being a little more cautious this year. Naturally they aren’t going to admit that the system is currently set up to fail, so they are in the position of the speculators in September 1929 who were starting to have a sneaking suspicion that things might not be sustainable.
• Mystic Mind Control. Russian paranoia has become a byword with Putin’s War, but even within that bizarre mindset there can be extremes. One very good example is that recently the Russians issued warnings that guards at the Kremlin could be mind-controlled by the evil Forces of Ukraine and NATO (FUNATO). This will likely be at the instigation of the Security Agencies of The American Nation (SATAN).
• Greater Reset “Book Trailers”. We have produced two ninety-second “Book Trailers” for distribution (by whoever wants to distribute them), essentially a minute and a half commercials for The Greater Reset. There are two versions of the videos, one for “general audiences” and the other for “Catholic audiences”. Take your pick.
• The Greater Reset. CESJ’s new book by members of CESJ’s core group, The Greater Reset: Reclaiming Personal Sovereignty Under Natural Law is, of course, available from the publisher, TAN Books, an imprint of Saint Benedict Press, and has already gotten a top review on that website. It can also be obtained from Barnes and Noble, as well as Amazon, or by special order from your local “bricks and mortar” bookstore. The Greater Reset is the only book of which we’re aware on “the Great Reset” that presents an alternative instead of simply warning of the dangers inherent in a proposal that is contrary to natural law. It describes reality, rather than a Keynesian fantasy world. Please note that The Greater Reset is NOT a CESJ publication as such, and enquiries about quantity discounts and wholesale orders for resale must be sent to the publisher, Saint Benedict Press, NOT to CESJ.
• Hortense and Her Whos. In case you’ve been wondering how you might advance the Just Third Way by introducing it to legislators at any and all levels of government, we’ve made it easy for you, with the “Hortense Hears Three Whos“ initiative. Visit the explanatory website, and consider downloading the postcard to send to people in government. Don’t worry if you think they won’t be open to it, as the postcard is intended to get them to open their eyes.
• Economic Personalism Landing Page. A landing page for CESJ’s latest publication, Economic Personalism: Property, Power and Justice for Every Person, has been created and can be accessed by clicking on this link. Everyone is encouraged to visit the page and send the link out to their networks.
• Economic Personalism. When you purchase a copy of Economic Personalism: Property, Power and Justice for Every Person, be sure you post a review after you’ve read it. It is available on both Amazon and Barnes and Noble at the cover price of $10 per copy. You can also download the free copy in .pdf available from the CESJ website. If you’d like to order in bulk (i.e., ten or more copies) at the wholesale price, send an email to email@example.com for details. CESJ members get a $2 rebate per copy on submission of proof of purchase. Wholesale case lots of 52 copies are available at $350, plus shipping (whole case lots ONLY). Prices are in U.S. dollars.
• Sensus Fidelium Videos, Update. CESJ’s series of videos for Sensus Fidelium are doing very well, with over 155,000 total views. The latest Sensus Fidelium video is “The Five Levers of Change.” The video is part of the series on the book, Economic Personalism. The latest completed series on “the Great Reset” can be found on the “Playlist” for the series. The previous series of sixteen videos on socialism is available by clicking on the link: “Socialism, Modernism, and the New Age,” along with some book reviews and other selected topics. For “interfaith” presentations to a Catholic audience they’ve proved to be popular, edging up to 150,000 views to date. They aren’t really “Just Third Way videos,” but they do incorporate a Just Third Way perspective. You can access the playlist for the entire series. The point of the videos is to explain how socialism and socialist assumptions got such a stranglehold on the understanding of the role of the State and thus the interpretation of Catholic social teaching, and even the way non-Catholics and even non-Christians understand the roles of Church, State, and Family, and the human persons place in society.
• Shop online and support CESJ’s work! Did you know that by making your purchases through the Amazon Smile program, Amazon will make a contribution to CESJ? Here’s how: First, go to https://smile.amazon.com/. Next, sign in to your Amazon account. (If you don’t have an account with Amazon, you can create one by clicking on the tiny little link below the “Sign in using our secure server” button.) Once you have signed into your account, you need to select CESJ as your charity — and you have to be careful to do it exactly this way: in the space provided for “Or select your own charitable organization” type “Center for Economic and Social Justice Arlington.” If you type anything else, you will either get no results or more than you want to sift through. Once you’ve typed (or copied and pasted) “Center for Economic and Social Justice Arlington” into the space provided, hit “Select” — and you will be taken to the Amazon shopping site, all ready to go.
• Blog Readership. We have had visitors from 25 different countries and 31 states, provinces, and territories in the United States and Canada to this blog over the past week. Most visitors are from the United States, the Philippines, Canada, Ireland, and France. The most popular postings this past week in descending order were “JTW Podcast: Why Not Biafran Independence?” “News from the Network, Vol. 15, No. 44,” “The Attack on Fulton Sheen,” “How to Institute a Fixed Monetary Standard,” and “JTW Podcast: The Official Opening of Biafra House.”
Those are the happenings for this week, at least those that we know about. If you have an accomplishment that you think should be listed, send us a note about it at mgreaney [at] cesj [dot] org, and well see that it gets into the next “issue.” Due to imprudent and intemperate language on the part of some commentators, we removed temptation and disabled comments.