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Politics is the "science of power". And The science of Politics go hand in hand with the Science of Economy and Money. Most of today's nations depend on "Keynesianism" - depending on a "theory" that has been formulated between WWI and WWII by John Maynard Keynes:
With the world wide slump, post 1929, Keynes set himself to the task of explaining and of coming up with new methods to control trade-cycles. In the result two books were spawned: A Treatice on Money (London: MacMillan, 1930) and The General Theory of Employment, Interest and Money (London: MacMillan, 1936). In these books Keynes pronounced that there should be both national and international programs that would lead to a unified monetary policy. Further, Keynes came to the view that a national budget was to serve not only the purpose of good financial planning for government revenues and expenditures; but, that, it ought to be used as a major instrument in the planning of the national economy.
What was needed, in Keynes's view, were policies that would regulate the booms and slumps of the trade cycle, viz., that it was the responsibility of government to regulate the levels of employment and investment. He was of the view that economic equilibrium could, and should, be restored and maintained by official action. In such a scheme there was not much room for the classical theory that espoused laissez-faire*).
Keynesian theory, of course, is very appealing to politicians; it has ever since its pronouncement. What has occurred, and this is its great defect, is that politicians not only spend in the slumps (as is called for by Keynesian theory), but they also spend during the boom years. In 1936, the United States, in the person F. D. Roosevelt, quite out of keeping with its constitution, was to embrace Keynesian theory with the announcement of the "New Deal."
What Keynes' General Theory did, was to throw economists into two violently opposed camps. However, as it turned out, and principally because of its appeal to free spending politicians, the Keynesians, up to the 1980s, were to have their way. The fact is, that Keynesian economics applied during good times, - bring on bad times. Countries, such as Canada and Great Britain, in the 1960s and 1970s, went about setting up massive government systems based on the Platonic visions had by the "liberals" among us; in the process these social designers imposed on the working citizens an ever increasing debt; and in the process profaned Keynes. The servicing of this debt took an ever larger bite out of government operating budgets, and, reality gradually seeped back in, as the option of more taxing disappeared....
From: http://www.blupete.com/Literature/Biographies/Philosophy/Keynes.htm
"It is generally believed in England among students of this conspiracy that John Maynard Keynes produced his General Theory of Money and Credit at the behest of certain Insiders of international finance who hired him to concoct a pseudo-scientific justification for government deficit spending-just as the mysterious League of Just Men had hired Karl Marx to write the Communist Manifesto.
The farther a government goes into debt, the more interest is paid to the powerful Insiders who "create" money to buy government bonds by the simple expedient of bookkeeping entries. Otherwise, you can bet your last farthing that the Insiders of international banking would be violently opposed to inflationary deficits."
Does it really matter now whether Europe is "socialist" or "capitalist"?
"It is interesting to note that rewards of cushy jobs were given by the international bankers to many men high in the LBJ administration for their services. Undersecretary of State George Ball went with Lehman Brothers; Secretary of the Treasury Henry Fowler was taken in by Goldman, Sachs & Co.;
Budget Director Peter Lewis, Undersecretary of the Treasury Frederick Deming and former Secretary of Commerce C. R. Smith all avoided the bread lines by being picked up by Lazard Freres (Rothschilds). Fowler and Deming were largely responsible for policies which led to European nations claiming half of our gold (and having potential claims on the rest) as well as denuding the U.S. Treasury of all of the silver reserves it had built up over a century of time. Did the international bankers take pity on these men for their incompetence or were they rewarded for a job well done?..."
So let's see: Committee on Post-War Problem (all CFR members, including "Soviet agents" Hiss and White) > UN blueprint > Dumbarton Oaks/UN SF conference > Bretton Woods > Closure of Gold Window by Nixon , 1971 (recommended by Hoover Institute doyen George Pratt House/CFR Shultz, who selected Dubya to be Prezi) > OPEC agreement to price oil in $$$ >>>> WWIII
And the Band Plays On...
Thank's to Hadashi for bringing up theses aspects. Now if we go deeper into the subject we will see that it was at Cambridge that Keynes' connection was to first develop, to an influential group which we know as the "Bloomsbury Group". Labeled as "artists" the "Bloomsbury Group" consisted of such persons as Virginia Woolf, Arnold Bennett, H. G. Wells, and John Galsworthy.
People that were with the Fabian Society as well. Wolfs in Sheep's clothes! See...
"If you will look back at every war in Europe during the Nineteenth Century, you will see that they always ended with the establishment of a 'balance of power.' With every re-shuffling there was a balance of power in a new grouping around the House of Rothschild in England, France, or Austria.
They grouped nations so that if any king got out of line a war would break out and the war would be decided by which way the financing went. Researching the debt positions of the warring nations will usually indicate who was to be punished."
FROM THIS THE PRINCIPLE PROCEEDS THAT WEALTHY COUNTRIES ARE TO BE ACQUIRED VIA INTERNAL REVOLUTION, WHILE THE INDEBTED ONES WERE TO BE DEFEATED IN WARS, TO COMPEL THEM TO PAY THEIR DEBTS TO AN EXTERNAL AGENT.
War on Error, Part 3: "Red Poly-Tickers of Shielded Money" Far Sight 3
*) Laissez-faire, in the area of economics and politics, is a doctrine holding that an economic system functions best when there is no interference by government. It is based on the belief that the natural economic order tends, when undisturbed by artificial stimulus or regulation, to secure the maximum well-being for the individual and therefore for the community. This description of the natural state of affairs has long been with us. (See Quesnay.) The story is that Colbert, the chief minister of Louis XIV, once asked a group of businessmen what he could do for them. One of these businessmen, replied, "laissez nous faire" - leave us alone. At times a phrase is added suggesting the social theory behind the slogan: "le monde va de lui meme" - the world goes by itself.
In Britain: Adam Smith, Jeremy Bentham, and J.S. Mill developed laissez-faire into a tenet of classical economics and a philosophy of individualism.
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