Greater love haS no man than this, that a man lay down his life for his friends.


john-15-13-3

MSM and contrast Jew and Palestinian

images.wsjThose with a TV can see by the images shown every Day, Israel is perpetrating a genocide on the Palestinians of Gaza in a way much worse that the original Nakba aka catastrophe of 1948 that forced Palestinians to flee to Gaza because of Zionist TERRORISTS.

Just looking at the destruction of Palestinian homes in Gaza shows Israel has every intention to drive Palestinians out making Gaza unlivable, attempting to force them into Egypt to make way for ILLEGAL Jewish settlers to take over Gaza with fewer Palestinians to resist the Israeli land grab.

https://www.wsj.com/world/middle-east/gaza-destruction-bombing-israel-aa528542

Gaza 1

If the bombs don’t kill enough with over 13,000 CHILDREN killed already, Israel’s systematic destruction of Gaza Hospitals is designed to make sure there will be no adequate treatment of wounds, ensuring even more Death and Disease to kill even more Palestinians.

more destruction

The purpose of this article is to remember Aaron Bushnell, who like the Title, sacrificed his life taking an Action so horrific so the people in Gaza might live. Learning of his sacrifice February 26, I tweeted Jake Sullivan, President Biden’s National Security Advisor this;

@JakeSullivan46

You and the President are responsible for the Death of US Serviceman Aaron Bushnell’s self immolation in protest of the Israeli genocide in Gaza as you blame Putin for the death of Navalny. The SOB President has the Power and leverage to stop the genocide. Do it

1_bushnell

THE BURNING SOLDIER

Burning with passion for Palestine, active-duty U.S. Airman Aaron Bushnell set himself on fire, committing suicide to protest genocide.

Make no mistake: Aaron Bushnell is not a role model. Don’t set yourself on fire! Do not emulate self-immolation. But do let it illuminate a very dark situation.

And not just any dark situation. Aaron Bushnell did not set himself on fire over the “Israel/Hamas war” as the mainstream media (MSM) tried to explain, before moving on to the weather report, nor was he experiencing a mental health episode that could have been alleviated with a pill or a call to a suicide hotline, as implied by other MSM hasbara.

“They want us to believe we are mad and this war is sane,” observed CounterPunch’s Jeffrey St. Clair.

Indeed, on his own Twitch-broadcast livestream, Aaron Bushnell sanely and calmly spelled out exactly what he was protesting as he marched to the Israeli embassy in Washington DC, wearing his U.S. military fatigues. My name is Aaron Bushnell,” he said. “And I am an active-duty member of the United States Air Force. I will no longer be complicit in genocide. I’m about to engage in an extreme act of protest but, compared to what people have been experiencing in Palestine at the hands of their colonizers, it’s not extreme at all. This is what our ruling class has decided will be normal.”

Then he set his phone to auto-record, and he set himself on fire.

He poured the kerosene on his head, stuck his cap back on and, just before he struck the match, a disembodied voice with the banality of a store clerk inquired, “Can I help you, Sir?”

Then suddenly, the blaze erupted, and Airman Aaron Bushnell became a real-life “Burning Man,” a Burning Soldier, marching in place in what must have been searing agony, yelling, “Free Palestine!” over and over again – his voice raw with pain mixed with love for the Palestinian people, so many of whom have been and are still being burned alive by Israeli bombs, paid for by American taxpayers – until he fell to the ground in flames.

“Get on the ground! Get on the ground!” yelled someone, presumably an Israeli embassy guard. Slowly, the guard walked toward the fire, arms stretched taut, hands together, holding a gun on the Burning Soldier as he burned to death.

A gun?

Another guy, perhaps a paramedic, arrived on the scene shouting, “Yo! I don’t need guns, I need fire extinguishers.”

What a moment. A quintessential defining snapshot of humanity, as the world turns and we all burn – as we go on fighting wars, bombing civilians and shooting our neighbors – when the wisest amongst us can barely be heard above the violence, stating the obvious…

“I don’t need guns! I need fire extinguishers!”

Finally, the fire extinguishers arrived, a little too late and spraying clouds of foam all over the Burning Soldier’s burned body, as everyone (but Aaron) shouted, panicked, and someone near the camera asked, “What is that? Who is this?”

Then the camera switched off.

What Are You Doing Right Now?

Before his dramatic act of blazing protest, Aaron Bushnell posed this question, “Many of us like to ask ourselves, ‘what would I do if I was alive during slavery/ or the Jim Crow South? Or apartheid? What would I do if my country was committing genocide?’ The answer is, you’re doing it. Right now.”

Then Aaron set himself on fire. That was his answer to his own challenge. I’m not saying it was a good answer. It wouldn’t be my answer. It’s not an answer I would recommend to anyone. But it was his answer, and I respect it.

He could have posted his views on social media, like so many of us do, or gone to a protest, or done a podcast. He could have drowned his sorrows in beer or porn or ketamine. He could have killed himself less flamboyantly with pills, or perhaps a gun, maybe taking a few friends or strangers down with him, as so many American ammosexual mass murderers have done. Instead, his answer to his question, “What would I do if my country was committing genocide?” was to set himself on fire for all the world to see, feel and take note.

It’s tragic, and very strange, but I feel a kinship with Aaron Bushnell. Maybe it’s because he’s a self-described “anarchist” and a performance artist who performed the ultimate act of anarchistic political performance art protest on Sunday, February 25, 2024, and he did it with such pacifist grace and humble purity, without physically harming anyone but himself.

U.S. Airman Bushnell was trained to be a cog in the American war machine, but for one brief moment he clogged the gears, broke the machine, transformed his destiny and brought the entire Military Industrial Complex to a screeching halt.  He fought fire with fire and sacrificed his life, transmogrifying himself into the Burning Soldier for Palestine.

From Burning Monk to Burning Soldier

Aaron Bushnell’s performance protest triggered one of my first memories of any kind of protest. I was about five years old, too little to read or even watch the news, but I caught a glimpse of something that transcended “news” in my father’s newspaper, an extraordinary black and white photo that showed a man on fire, sitting cross-legged on a busy street.

Having been taught never to even touch a hot stove, my kindergarten brain wondered, “How could he do such a thing?” as the image branded itself into my brain.

I later learned that the man in the photo was a Vietnamese Buddhist monk named Thích Quảng Đức who burned himself alive, using principles of Mahayana meditation, to protest the persecution of Buddhists by the US-supported Catholic government of South Vietnamese President Ngo Diem.

He became known as the “Burning Monk.”

Frightening and mystical as it was, the “Burning Monk” photo taken by AP photographer Malcomb Browne had a huge impact on people’s impressions of America’s presence in Vietnam. Several other self-immolation protests have occurred since then, including an unnamed woman holding a Palestinian flag in front of Atlanta’s Israeli consulate in 2023. Unfortunately, her protest was not filmed, and the MSM was able to spin a more Zionism-friendly narrative, quoting Israeli consul general Anat Sultan-Dadon’s portrayal of the woman’s final act as an expression of “hate and incitement toward Israel” – before sweeping it under the imperialist rug.

Not so with Aaron Bushnell; a 25-year-old Whitmore, Massachusetts native raised on a Christian compound called the Community of Jesus, who joined the air force, becoming a cyber defense operations specialist with the 531st intelligence support squadron at joint base San Antonio, Texas. You could question his background (was that compound a cult?), but his motivations would not be so easily mischaracterized by the MSM spin doctors, as his fiery self-sacrifice on the altar of the Israeli embassy, along with his words explaining it, was live-streamed for the world to see, achieving a monumental impact that has yet to be measured.

Aaron Bushnell, the Burning Soldier, marched through that fire into the hearts and minds of millions. He marched into the history books – if there are to be history books in our future. He certainly marched into trending topics.

Unsurprisingly, his actions were often misinterpreted, minimized as “mentally ill” and even mocked on social media, but he also sparked a lot of art, memorials and tributes, including Gaza Fights for Freedom filmmaker Abby Martin’s Portland vigil, featuring her husband, U.S. army veteran and anti-war activist Mike Prysner and fellow About Face: Veterans Against the War. Mike’s tribute to Bushnell and Abby and Robbie Martin’s Media Roots Radio show on “The Self-Immolation of Aaron Bushnell” are also very moving.

Mid-vigil, Mike and the other veterans burned their military uniforms in a can of fire, chanting, “Remember Aaron Bushnell! He’s not alone.”

Holy Fire

Chanting, dancing or just sitting around a bonfire like that feels sacred. In the Bible, fire represents the “holy spirit.” Moses encounters God in the “burning bush,” the prophet Elijah ascends to heaven in a “Chariot of Fire,” and the Hanukkah candles that only had enough oil to last 24 hours burn for a miraculous eight days.

But fire isn’t all sparkles and light. In Greek mythology, Prometheus is condemned to suffer for eternity for having given humanity the gift of fire.

Whatever your beliefs, fire illuminates what you might not otherwise see, and the firelight of the Burning Solider illuminates the plight of the Palestinians burning, suffering and dying under Zionist apartheid and genocide. It illuminates our need to protest, to resist ennui and despair.

Whatever we do or don’t do, every precious moment, we are answering Aaron’s question, “What would I do if my country was committing genocide?”

Saint Joan Burned at the Stake

The Burning Soldier triggered another old memory for me. When I was a shy but drama-loving adolescent, I played the title role in George Bernard Shaw’s Saint Joan, which focuses on Joan of Arc’s trial before she was burned at the stake. I was no Marie Falconetti – luminous star of Carl Dreyer’s silent masterpiece, “Passion of Joan of Arc” (also featuring another of my fiery favorites, Antonin Artaud). However, for my sheltered little middle class mind, learning lines for a high school play, it was a deep challenge to just contemplate being burned alive.

Yikes!

I learned that Joan was given a chance to live if she would just recant her “voices” and stop wearing “men’s clothes,” but she refused. She made a choice to be burned at the stake (according to Shaw); it was an act of voluntary self-immolation – to make a spiritual, political point – like Aaron Bushnell. Whether or not her point was taken, in 1920 (three years before Shaw wrote his play), Joan of Arc was canonized by the Catholic Church as “Saint Joan.”

Who will canonize the Burning Soldier? Will he be honored like Vietnam’s Burning Monk revered by Buddhists as a Bodhisattva?

Fire Fetish

Being a sex therapist, I always wonder about the sexual angles of things, and though I wouldn’t call a Burning Soldier “sexy” or even particularly sexual, I would say it was an erotic action, an act of Eros, the Greek god of sex, love and life itself. In that sense, Aaron Bushnell’s live streamed self-sacrifice was an act of noble exhibitionism and, in a way, quite beautiful. Fire can radiate great beauty, and since the video never shows Aaron Bushnell’s charred body (even in the unpixellated version) we just see a dazzling man on fire – a real Burning Man.

I wonder how the Burners feel about the Burning Soldier. The Burning Man founders I knew from my Golden Gate Bridge-climbing days with the Suicide Club would have been obsessed by him, though who knows? Nothing and no one stays the same, especially when touched by fire.

Maybe I’m a little fire-“touched” myself… or is that torched? One of my ex-boyfriends juggled fire, and I’ve always been a bit of a pyrophiliac, not drawn to setting fires, but just to watching fireworks, hot wax play, the romance of candelabras, the fetish of firelight. Not to disrespect the purity of Airman Bushnell’s sacrifice; these are just the wildfire thoughts of a sexologistobserving a riveting act of extreme political protest.

As long as we’re talking kink, it bears mentioning that when it comes to the truly dark, depraved, violent and dystopian fetishes of war, the IDF or IOF (Israeli Occupation Forces) sadistic war porn is off the charts, far worse than George W. Bush’s P.O.W. Porn at Abu Ghraib – and that’s just what the Israelis themselves show openly on their own channels.

Of course, a fetish is not *just* about sex; a fetish is also a spiritual symbol, like a rabbit’s foot, a flag, a man dying on a cross for humanity’s sins, or a burning soldier protesting a genocide.

But it is more than a symbol; Aaron’s fire dance is a heartfelt and romantic sacrifice of eros – life – for the love of Palestine. He went up in flames in Palestine’s name.

Eros travels fast these days, and Aaron Bushnell’s eternal Eros, his love for Palestine, is already being returned a million-fold, as Palestinians are carrying pictures of Aaron Bushnell, honoring him as a “martyr” and their American superhero. More powerful than Superman or Spiderman, at least in their lives, is Aaron Bushnell’s Burning Soldier whose pain illuminates theirs.

Cannon Fodder to Canonized Fighter

On our recent Callin show, we talked about the Burning Soldier and the many thousands of Palestinian women, men, children, doctors, journalists and artists, who have been incinerated by Israel’s U.S. taxpayer-paid bombs, as well as starved to death while Genocide Joe lasciviously licks his ice cream.

One of our callers, Maria, a George Galloway and Beatles fan in the Midwest, was extremely moved by the sacrifice of Aaron Bushnell, almost like he’s a close relative of hers. In fact, she was rather peeved that he hasn’t been honored like the Tunisian street vendor Mohammed Bouazizi whose self-immolation was praised by Barack Obama, and helped to trigger the Arab Spring.

The difference is disturbingly clear: Not to minimize either sacrifice, but Bouazizi’s act of self-immolation served the interests of U.S. Empire, and Bushnell’s does the opposite, refusing to be “complicit” in Uncle Sam’s dirty deeds.

So, let’s not expect Ice Cream Joe to memorialize the great American Burning Soldier, U.S. Airman Aaron Bushnell, at his State of the Union address, but I will at my upcoming State of the Sexual Union address (here’s last year’s); every little bit of love counts in this hate-filled world.

Another Callin caller, Joshua, an active-duty U.S. Army serviceman, identified as “right-wing” and didn’t agree with Bushnell’s “anarchist” politics, but he couldn’t help but be impressed by the extraordinary “discipline” of Airman Bushnell whose blazing courage transformed himself from cannon fodder to canonized fighter for Palestine.

He was also impressed by Capt’n Max’s tales of his own sharpshooting prowess when he was in basic training, hitting 11 out of 12 targets – though the moral of the story is that as soon as Max saw he could shoot, he realized he “could kill somebody,” threw down his rifle and quit.

How Max managed to quit the army with an honorable discharge is another story; there are many ways to make like bonobos, not baboons. But it’s especially difficult when you’re in the U.S. Military. So… radiant or revolting, the Burning Soldier’s fiery protest should be a flaming red flag for the rest of us.

Ceasefire now! Before it’s too late, and our whole world catches fire.

The author of this article, Susan Block, Ph.D., a.k.a. “Dr. Suzy,” is a world renowned LA sex therapist, author of The Bonobo Way: The Evolution of Peace through Pleasure and horny housewife, occasionally seen on HBO and other channels.

Re-post from https://www.counterpunch.org/2024/03/07/the-burning-soldier/

Updated: Here’s full unedited, graphic video of Aaron Bushnell’s self-immolation. It’s now 2 a.m. and that’s appropriate, as this piece notes below, after Mohamed Bouazizi’s self-immolation, people were screaming “Dignity! Dignity!” out their windows at 2 a.m.

We should see the gruesome reality of Israel’s horrors and genocide against the Palestinian people. And we should see the agony that a determined Aaron went through to try to end it.

https://husseini.substack.com/p/ignoring-immolators-lulls-the-society

This was tweeted to Jake Sullivan, Biden’s National Security Advisor Today, March 14;

@JakeSullivan46 @Morning_Joe @AymanMSNBC @andersoncooper @wolfblitze

https://johnmenadue.com/history-will-record-that-israel-committed-a-holocaust/

You, Jake, and Biden are complicit!

The four horsemen of the Apocalypse described in the Bible’s Book of Revelation — Conquest, War, Famine and Death — are now galloping from one end of Gaza to the other. Gaza is only 26 miles long from North to South at the Egyptian border.

WWI WAS SUPPOSED TO BE THE WAR TO END ALL WARS! WE MUST DO OR DIE!


“We must say what everybody knows but does not venture to say. We must say that by whatever name men may call murder – murder always remains murder. . . . They will cease to see the service of their country, the heroism of war, military glory, and patriotism, and will see what exists: the naked, criminal business of murder!” – LEO TOLSTOY (1828-1910) Address to the Swedish Government Congress Peace Conference, 1909

Review by Roger Ebert (1942-2013) of “Come And See”, the 1985 anti-war film by Russian Director Elem Klimov.
It’s said that you can’t make an effective anti-war film because war by its nature is exciting, and the end of the film belongs to the survivors. No one would ever make the mistake of saying that about Elem Klimov’s “Come and See.” This 1985 film from Russia is one of the most devastating films ever about anything, and in it, the survivors must envy the dead.

This is re-blogged from: https://onenessofhumanity.wordpress.com/2024/03/12/come-and-see-and-prevent-world-war-iii

I have taken this Old Testament line to heart and unfortunately the pro lifers disregard the importance of life for the living, obsessed with the unborn.

The US is the biggest ARMS MERCHANT in the History of Nations, making a killing off the Ukraine WAR and the Gaza MASSACRE.

The big name Christian Evangelists living the lifestyle of the rich and famous content with that Status Quo, never highlight this, so important in this Time of WARS and rumours of WAR as this World is on the Path to ARMAGEDDON WWIII all the Leading Indicators point to.

“This is the word of the Lord to Zerubbabel, saying: ‘Not by military force and not by physical strength, but by My spirit,’ says the Lord of Hosts.  

Zechariah4:6

Blessed are the Peace Makers for THEY shall be called the Children of God Christ Jesus taught in the Sermon on the Mount.

The Pope is too Diplomatic and other Christian Leaders with the platform don’t take a strong Stand to exhort and encourage the sheep to follow through on the the issue preparing the Way, doing the work of Christ, for this Biblical Prophecy to change the World, “And he shall judge between the nations and reprove many peoples, and they shall beat their swords into plow shares and their spears into pruning hooks; nation shall not lift the sword against nation, neither shall they learn war anymore.

Isaiah 2:4

The full length docudrama of the Russian who saved the World from Nuclear annihilation in 1983.

THE PERILS OF MOVING TO A CASHLESS SOCIETY


cashless society

As a Senior Citizen living on CanaDa’s Old Age Security of $1850 a month to pay rent, utilities, food, car expenses and everything else, it’s awesome to see that digital amount just appear in my Bank Account every month. I can manage only because I’m blessed with a large well laid out 1 bedroom apartment, heated, with a parking space right in Downtown Ottawa-Hull costing $566 a month.

That’s because I lived here since 2006 long before rents started going crazy. The landlord, I didn’t know from Adam when I moved in, surprised me with the unexpected promise he wouldn’t raise my rent as long as I lived here, and he kept the promise. That’s a Dream apartment considering something similar costs $1200-$1400 a month these Days.

We are already getting accustomed to paying all expenses with a Credit or Debit card and it seems so convenient, but there are dangers to our Future Freedoms as outlined by William Engdahl, an Economic expert I’ve been following for years.

Below is his Newsletter I just received by email this morning I think vigilant people must be made aware of.

An operation that began as a seemingly obscure academic discussion three years ago is now becoming a full-blown propaganda campaign by some of the most powerful institutions in the industrialized world. This is what rightly should be termed the War on Cash. Like the War on Terror, the War on Cancer or the War on Drugs, its true agenda is sinister and opaque. If we are foolish enough to swallow the propaganda for complete elimination of cash in favor of pure digital bank money, we can pretty much kiss our remaining autonomy and privacy goodbye. George Orwell’s 1984 will be here on steroids.

Let me be clear. Here we discuss not various block-chain digital technologies, so-called crypto-currencies. We are not addressing private payment systems such as China’s WeChat. Nor do we discuss e-banking or use of bank credit cards such as Visa or Master Card or others. These are of an entirely different quality from the goal of the ongoing sinister war on cash. They are all private services not state.

What we are discussing is a plot, and it is a plot, by leading central banks, select governments, the International Monetary Fund in collusion with major international banks to force citizens—in other words, us!—to give up holding cash or using it to pay for purchases. Instead we would be forced to use digital bank credits. The difference, subtle though it may at first seem, is huge. As in India following the mad Modi US-inspired war on cash late in 2016, citizens would forever lose their personal freedom to decide how to pay or their privacy in terms of money. If I want to buy a car and pay cash to avoid bank interest charges, I cannot. My bank will limit the amount of digital money I can withdraw on any given day. If I want to stay in a nice hotel to celebrate a special day and pay cash for reasons of privacy, not possible. But this is just the surface.

zero cash

Visa joins the war

This July, Visa International rolled out what it calls “The Visa Cashless Challenge.” With select buzz words about how technology has transformed global commerce, Visa announced a program to pay selected small restaurant owners in the USA if they agree to refuse to accept cash from their customers but only credit cards. The official Visa website announces, “Up to $500,000 in awards. 50 eligible food service owners. 100% cashless quest.” [i] Now for a mammoth company such as Visa with annual revenues in the $15 billion range, a paltry $500,000 is chump change. Obviously, they believe it will advance use of Visa cards in a market that until now prefers cash—the small family restaurant. 

The Visa “challenge” to achieve what it calls the “100% cashless quest” is no casual will-o’-the-wisp. It is part of a very thought-through strategy of not only Visa, but also the European Central Bank, the Bank of England, the International Monetary Fund and the Reserve Bank of India to name just a few.

offshore wealth

The Rich will not be able to do this in a cashless society and there will be no more under the table earnings

IMF on Boiling Frogs

In March this year the International Monetary Fund in Washington issued a Working Paper on what they call “de-cashing.” The paper recommends that, “going completely cashless should be phased in steps.” It notes the fact that there already exist “initial and largely uncontested steps, such as the phasing out of large denomination bills, the placement of ceilings on cash transactions, and the reporting of cash moves across the borders. Further steps could include creating economic incentives to reduce the use of cash in transactions, simplifying the opening and use of transferrable deposits, and further computerizing the financial system.” [ii] 

In France since 2015 the limit a person may pay in cash to a business is a mere €1000 “to tackle money laundering and tax evasion.” Moreover, any deposit or withdrawal of cash from a bank account in excess of €10,000 in a month will automatically be reported to Tracfin, a unit of the French government charged with combating money laundering, “largely uncontested steps” and very ominous portents. [iii]

The IMF paper further adds as argument for eliminating cash that “de-cashing should improve tax collection by reducing tax evasion.” Said with other words, if you are forced to use only digital money transfers from a bank, the governments of virtually every OECD country today have legal access to the bank data of their citizens. 

In April, a month after the IMF paper on de-cashing, the Brussels EU Commission released a statement that declared, “Payments in cash are widely used in the financing of terrorist activities. In this context, the relevance of potential upper limits to cash payments could also be explored. Several Member States have in place prohibitions for cash payments above a specific threshold.” [iv]

Even in Switzerland, as a result of relentless campaigns by Washington, their legendary bank secrecy has been severely compromised under the fallacious argument it hinders financing of terrorist organizations. A glance at recent European press headlines about attacks from Barcelona to Munich to London to Charlottesville exposes this argument as a sham. 

Today in the EU, as further result of Washington pressure, under the Foreign Account Tax Compliance Act (FATCA) banks outside the USA where US citizens hold a deposit are forced to file yearly reports on the assets in those accounts to the Financial Crimes Enforcement Network of the US Treasury. Conveniently for the US as the major emerging tax haven, the US Government has refused, despite it being specified in the Act, to join FACTA itself. [v] 

In 2016 the European Central Bank discontinued issuing €500 bills arguing it would hinder organized crime and terrorism, a poor joke to be sure, as if the sophisticated networks of organized crime depend on paper currencies. In the US, leading economists such as former Harvard President Larry Summers advocate eliminating the $100 bill for the same alleged reason. 

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$10 limit?

The real aim of the war on cash however was outlined in a Wall Street Journal OpEd by Harvard economist and former chief economist at the IMF, Kenneth Rogoff. Rogoff argues that there should be a drastic reduction in the Federal Reserve’s issuance of cash. He calls for all bills above the $10 bill to be removed from circulation, thereby forcing people and businesses to depend on digital or electronic payments solely. He repeats the bogus mantra that his plan would reduce money-laundering, thereby reduce crime while at the same time exposing tax cheats. [vi] 

However, the hidden agenda in this War on Cash is confiscation of our money in the next, inevitable banking crisis, whether in the EU member countries, the United States or developing countries like India. 

Already several central banks have employed a policy of negative interest rates alleging, falsely, that this is necessary to stimulate growth following the 2008 financial and banking crisis. In addition to the European Central Bank, the Bank of Japan, the Danish National Bank adhere to this bizarre policy. However, their ability to lower interest rates to member banks even more is constrained as long as cash is plentiful.

Here the above cited IMF document lets the proverbial cat out of the sack. It states, “In particular, the negative interest rate policy becomes a feasible option for monetary policy if savings in physical currency are discouraged and substantially reduced. With de-cashing, most money would be stored in the banking system, and, therefore, would be easily affected by negative rates, which could encourage consumer spending…” [vii] That’s because your bank will begin to charge you for the “service” of allowing you to park your money with them where they can use it to make more money. To avoid that, we are told, we would spend like there’s no tomorrow. Obviously, this argument is fake.

As German economist Richard Werner points out, negative rates raise banks’ costs of doing business. “The banks respond by passing on this cost to their customers. Due to the already zero deposit rates, this means banks will raise their lending rates.” As Werner further notes, “In countries where a negative interest rate policy has been introduced, such as Denmark or Switzerland, the empirical finding is that it is not effective in stimulating the economy. Quite the opposite. This is because negative rates are imposed by the central bank on the banks – not the borrowing public. [viii]

He points out that the negative interest rate policy of the ECB is aimed at destroying the functioning, traditionally conservative EU savings banks such as the German Sparkassen and Volksbanken in favor of covertly bailing out the giant and financially corrupt mega-banks such as Deutsche Bank, HSBC, Societe Generale of France, Royal Bank of Scotland, Alpha Bank of Greece, or Banca Monte dei Paschi di Siena in Italy and many others. [ix] The President of the ECB, Mario Draghi is a former partner of the mega bank, Goldman Sachs. 

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Why Now?

The relevant question is why now, suddenly the urgency of pushing for elimination of cash on the part of central banks and institutions such as the IMF? The drum roll for abolishing cash began markedly following the January 2016 Davos, Switzerland World Economic Forum where the western world’s leading government figures and central bankers and multinational corporations were gathered. The propaganda offensive for the current War on Cash offensive began immediately after the Davos talks. 

Several months later, in November, 2016, guided by experts from USAID and, yes, Visa, the Indian government of Narenda Modi announced the immediate demonetization or forced removal of all 500 Rupee (US$8) and 1,000 Rupee (US$16) banknotes on the recommendation of the Reserve Bank of India. The Modi government claimed that the action would curtail the shadow economy and crack down on the use of illicit and counterfeit cash to fund illegal activity and terrorism. 

Notably, the Indian Parliament recently made a follow-up study of the effects of the Modi war on cash. The Parliamentary Committee on Demonetization report documented that not a single stated objective was met. No major black money was found and Demonetization had no effect on terror funding, the reasons given by the Government to implement such a drastic policy. The report noted that while India’s central bank was allegedly attacking black money via demonetization, the serious illegal money in offshore tax havens was simply recycled back into India, “laundered” via Foreign Direct Investment by the criminal or corporate groups legally in a practice known as “Round Tripping.” 

Yet the Parliament’s report detailed that the real Indian economy was dramatically hit. Industrial Production in April declined by a shocking 10.3 percent over the previous month as thousands of small businesses dependent on cash went under. Major Indian media have reportedly been warned by the Modi government not to publicize the Parliament report. [x]

If we connect the dots on all this, it becomes clearer that the war on cash is a war on our individual freedom and degrees of freedom in our lives. Forcing our cash to become digital is the next step towards confiscation by the governments of the EU or USA or wherever the next major banking crisis such as in 2007-2008 erupts. 

In late July this year Estonia as rotating presidency of the EU issued a proposal backed by Germany that would allow EU national regulators to “temporarily” stop people from withdrawing their funds from a troubled bank before depositors were able to create a bank “run.” [xi]  The EU precedent was already set in Cyprus and in Greece where the government blocked cash withdrawals beyond tiny daily amounts. 

As veteran US bank analyst Christopher Whelan points out in a recent analysis of the failure of the EU authorities to effectively clean up their banking mess since the 2008 financial crisis, “the idea that the banking public – who generally fall well-below the maximum deposit insurance limit – would ever be denied access to cash virtually ensures that deposit runs and wider contagion will occur in Europe next time a depository institution gets into trouble.” Whelan points out that nine years after the 2008 crisis, EU banks remain in horrendous condition. “There remains nearly €1 trillion in bad loans within the European banking system.  This represents 6.7% of the EU economy. That’s huge. He points out that banks’ bad loans as share of GDP for US and Japan banks are 1.7 and 1.6 percent respectively. [xii]

As governments, whether in the EU or in India or elsewhere refuse to rein in fraudulent practices of its largest banks, forcing people to eliminate use of cash and keep all their liquidity in digital deposits with state regulated banks, sets the stage for the state to confiscate those assets when they declare the next emergency. If we are foolish enough to permit this scam to pass unchallenged perhaps we deserve to lose our vestige of financial autonomy. Fortunately, popular resistance against elimination of cash in countries like Germany is massive. Germans recall the days of the 1920s Weimar Republic and hyperinflation as the 1931 banking crises that led to the Third Reich. The IMF approach is that of the Chinese proverb on boiling frogs slowly. But human beings are not frogs, or?

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https://www.williamengdahl.com