New Age History and Economics

The Day We See The Truth And Cease To Speak it, Is The Day We Begin To Die. MLK Jr.

Saturday, June 15, 2013

Understanding "Mein Kampf"-Excerpts-Chapter-II- Part-F

Lies being taught;
Hitler was Psychic, deranged mental nut who ranted about Jews in Mein Kampf;

Now the truth;
Understanding Hitler-Mein Kampf Chapter II Years of Study and suffering in Vienna (part d) is the only chapter where he wrote about Jews. .

Views on Jews; 

"The more I became acquainted with the external forms of Social Democracy, the greater became my desire to understand the inner nature of its doctrines. Knowledge of the Jews is the only key whereby one may understand the inner nature and therefore the real aims of Social Democracy.

To-day it is hard and almost impossible for me to say when the word 'Jew' first began to raise any particular thought in my mind. I do not remember even having heard the word at home during my father's lifetime. If this name were mentioned in a derogatory sense I think the old gentleman would just have considered those who used it in this way as being uneducated reactionaries. In the course of his career he had come to be more or less a cosmopolitan, with strong views on nationalism, which had its effect on me as well. In school, too, I found no reason to alter the picture of things I had formed at home.

There were very few Jews in Linz. In the course of centuries the Jews who lived there had become Europeanized in external appearance and were so much like other human beings that I even looked upon them as Germans. The reason why I did not then perceive the absurdity of such an illusion was that the only external mark which I recognized as distinguishing them from us was the practice of their strange religion. As I thought that they were persecuted on account of their Faith my aversion to hearing remarks against them grew almost into a feeling of abhorrence. I did not in the least suspect that there could be such a thing as a systematic anti-Semitism.

Then I came to Vienna. In the Jew I still saw only a man who was of a different religion, and therefore, on grounds of human tolerance, I was against the idea that he should be attacked because he had a different faith. And so I considered that the tone adopted by the anti-Semitic Press in Vienna was unworthy of the cultural traditions of a great people. The memory of certain events which happened in the middle ages came into my mind, and I felt that I should not like to see them repeated.

My ideas about anti-Semitism changed also in the course of time, but that was the change which I found most difficult. It cost me a greater internal conflict with myself, and it was only after a struggle between reason and sentiment that victory began to be decided in favor of the former. Two years later sentiment rallied to the side of reasons and became a faithful guardian and counselor. But any indecision which I may still have felt about that point was finally removed by the activities of a certain section of the Jews themselves. A great movement, called Zionism, arose among them. Its aim was to assert the national character of Judaism, and the movement was strongly represented in Vienna. To outward appearances it seemed as if only one group of Jews championed this movement, while the great majority disapproved of it, or even repudiated it. But an investigation of the situation showed that those outward appearances were purposely misleading.

The fact that nine-tenths of all the smutty literature, artistic tripe and theatrical banalities, had to be charged to the account of people who formed scarcely one per cent of the nation--that fact could not be gainsaid. It was there, and had to be admitted. Then I began to examine my favourite 'World Press', with that fact before my mind. The deeper my soundings went the lesser grew my respect for that Press which I formerly admired. Its style became still more repellent and I was forced to reject its ideas as entirely shallow and superficial. To claim that in the presentation of facts and views its attitude was impartial seemed to me to contain more falsehood than truth. The writers of lies were all Jews.

The subject matter of the feuilletons was trivial and often pornographic. The language of this Press as a whole had the accent of a foreign people. Here, again, the life which I observed on the streets taught me what evil really is.

The part which the Jews played in the social phenomenon of prostitution, and more especially in the white slave traffic, could be studied here better than in any other West-European city, with the possible exception of certain ports in Southern France. A cold shiver ran down my spine when I first ascertained that it was the same kind of cold-blooded, thick-skinned and shameless Jew who showed his consummate skill in conducting that revolting exploitation of the dregs of the big city. Then I became fired with wrath.

At least all this could be explained on reasonable grounds. But what was impossible to understand was the boundless hatred they expressed against their own fellow citizens, how they disparaged their own nation, mocked at its greatness, reviled its history and dragged the names of its most illustrious men in the gutter. I was happy at last to know for certain that the Jew is not a German.


The more I debated with them the more familiar I became with their argumentative tactics. At the outset they counted upon the stupidity of their opponents, but when they got so entangled that they could not find a way out they played the trick of acting as innocent simpletons. Should they fail, in spite of their tricks of logic, they acted as if they could not understand the counter arguments and bolted away to another field of discussion. They would lay down truisms and platitudes; and, if you accepted these, then they were applied to other problems and matters of an essentially different nature from the original theme. If you faced them with this point they would escape again, and you could not bring them to make any precise statement. Whenever one tried to get a firm grip on any of these apostles one's hand grasped only jelly and slime which slipped through the fingers and combined again into a solid mass a moment afterwards. If your adversary felt forced to give in to your argument, on account of the observers present, and if you then thought that at last you had gained ground, a surprise was in store for you on the following day. The Jew would be utterly oblivious to what had happened the day before, and he would start once again by repeating his former absurdities, as if nothing had happened. Should you become indignant and remind him of yesterday's defeat, he pretended astonishment and could not remember anything, except that on the previous day he had proved that his statements were correct. Sometimes I was dumbfounded. I do not know what amazed me the more--the abundance of their verbiage or the artful way in which they dressed up their falsehoods."
Adolf Hitler
Kaps
previous series;

Saturday, June 8, 2013

What are Banks For?


Aims and Purposes of Banks.

First published in the British humour magazine “Punch” on April 3, 1957:

Q: What are banks for?
A: To make money.
Q: For the customers?
A: For the banks.
Q: Why doesn’t bank advertising mention this?
A: It would not be in good taste. But it is mentioned by implication in references to reserves of $249,000,000,000 or thereabouts. That is the money they have made.
Q: Out of the customers?
A: I suppose so.
Q: They also mention Assets of $500,000,000,000 or thereabouts. Have they made that too?
A: Not exactly. That is the money they use to make money.
Q: I see. And they keep it in a safe somewhere?
A: Not at all. They lend it to customers.
Q: Then they haven’t got it?
A: No.
Q: Then how is it Assets?
A: They maintain that it would be if they got it back.
Q: But they must have some money in a safe somewhere?
A: Yes, usually $500,000,000,000 or thereabouts. This is called Liabilities.
Q: But if they’ve got it, how can they be liable for it?
A: Because it isn’t theirs.
Q: Then why do they have it?
A: It has been lent to them by customers.
Q: You mean customers lend banks money?
A: In effect. They put money into their accounts, so it is really lent to the banks.
Q: And what do the banks do with it?
A: Lend it to other customers.
Q: But you said that money they lent to other people was Assets?
A: Yes.
Q: Then Assets and Liabilities must be the same thing?
A: You can’t really say that.
Q: But you’ve just said it! If I put $100 into my account the bank is liable to have to pay it back, so it’s Liabilities. But they go and lend it to someone else, and he is liable to have to pay it back, so it’s Assets. It’s the same $100 isn’t it?
A: Yes, but….
Q: Then it cancels out. It means, doesn’t it, that banks haven’t really any money at all?
A: Theoretically……
Q: Never mind theoretically! And if they haven’t any money, where do they get their Reserves of $249,000,000,000 or thereabouts??
A: I told you. That is the money they have made.
Q: How?
A: Well, when they lend your $100 to someone they charge him interest.
Q: How much?
A: It depends on the Bank Rate. Say five and a-half percent. That’s their profit.
Q: Why isn’t it my profit? Isn’t it my money?
A: It’s the theory of banking practice that………
Q: When I lend them my $100 why don’t I charge them interest?
A: You do.
Q: You don’t say. How much?
A: It depends on the Bank Rate. Say a half percent.
Q: Grasping of me, rather?
A: But that’s only if you’re not going to draw the money out again.
Q: But of course I’m going to draw the money out again! If I hadn’t wanted to draw it out again I could have buried it in the garden!
A: They wouldn’t like you to draw it out again.
Q: Why not? If I keep it there you say it’s a Liability. Wouldn’t they be glad if I reduced their Liabilities by removing it?
A: No. Because if you remove it they can’t lend it to anyone else.
Q: But if I wanted to remove it they’d have to let me?
A: Certainly.
Q: But suppose they’ve already lent it to another customer?
A: Then they’ll let you have some other customers money.
Q: But suppose he wants his too….and they’ve already let me have it?
A: You’re being purposely obtuse.
Q: I think I’m being acute. What if everyone wanted their money all at once?
A: It’s the theory of banking practice that they never would.
Q: So what banks bank on, is not having to meet their commitments?
A: I wouldn’t say that.
Q: Naturally. Well, if there’s nothing else you think you can tell me….?
A: Quite so. Now you can go off and open a banking account!
Q: Just one last question.
A: Of course.

Q: Wouldn’t I do better to go off and open up a bank

Kaps