THE GREAT COMMUNIST REVOLUTION COMES TO AMERICA: A MUST READ!

Vladimir Lenin coined the phrase “the commanding heights” to symbolize the sectors of the economy that largely control or support others, such as oil, railroads, banking, steel and foreign trade. From the late 1920s until the 1980s nearly all products, resources and services in the Soviet Union were owned and operated by the government. Like 20th century communist Russia, the United States is experiencing a period in which the majority in government view themselves as controlling the commanding heights of its economy. Prior to his election in November 2008 Barack Obama gave notice of the agenda about to be implemented when he said,

“We are five days away from fundamentally transforming the United States of America.”

This fundamental transformation is the achievement of the Left’s wet dream of the Great Communist Revolution, the transformation of America from free market capitalism to government control of its commanding heights; an economy whereby the American people are dependent upon the government for all products, resources, and services, how they will be produced, and who is to produce them.

To understand the Left’s method and objective with the U.S economy, one needs to understand the purpose of the economic theory they implemented immediately upon gaining control of both the executive and legislative branches to “solve” the financial crisis. The economic principles of John Maynard Keynes (1883–1946) are highly prized by the Left because they provide rulers with plausible justification for their control of the population. In his book, The Economic Consequences of the Peace, Keynes begins

“Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and while the process impoverishes many, it actually enriches some. As the inflation proceeds and the real value of the currency fluctuates wildly from month to month, all permanent relations between debtors and creditors, which form the ultimate foundation of capitalism, become so utterly disordered as to be almost meaningless; and the process of wealth-getting degenerates into a gamble and a lottery.

“Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose.”

The U.S. economic crisis was precipitated in late June 2008 by Democrat Senator Chuck Schumer’s intentional leak of a memo questioning the solvency of IndyMac bank. The memo triggered a deposit run on IndyMac which led to its failure. The combination of IndyMac’s failure, Lehman Brothers collapse and Fannie Mae’s impending subprime mortgage crash effected a gathering storm in the markets until September 15th when, in a matter of hours, a colossal drawdown of money market accounts in the U.S. caused the disappearance of $550 billion from the American banking system. Rep. Paul Kanjorski of Pennsylvania stated if authorities had not closed the banks that day, $5.5 trillion would have been withdrawn from US banks, which would have caused the collapse of the U.S.

Combined with mortgage industry failures, this electronic run on banks handed the Democrats in Congress the justification to utilize the panic for political benefit and initiate the nationalization of the banking and mortgage industries under the $700 billion Troubled Asset Relief Program (TARP.) This early October Surprise propelled Barack Obama into office and provided further ammunition for his administration’s deliberate takeover of the private market.

PART I WET DREAMS OF THE GREAT COMMUNIST REVOLUTION

PART II WET DREAMS OF THE GREAT COMMUNIST REVOLUTION