The Centenary of the Cartel’s Charter

The Centenary of the Cartel’s Charter.

So it’s the 100 year anniversary of the creation, by legislation, of the Federal Reserve. How appropriate that not more than two weeks ago I picked up a used (but basically new) copy of G. Edward Griffin’s The Creature from Jekyll Island? I’ve always wanted this book, but given opportunity cost, I tended to put off going out of my way to buy it. Finding a recent (perhaps the latest) edition at a bargain center for less than $2.00, however, proved irresistible. I think maybe I should start it tonight in honor of this day. Or at least give this another listen:

End the Fed!!!

Remember, Remember! and Don’t Forget: Just Who is Co-Opting the Liberty Movement?

Remember, Remember! and Don’t Forget: Just Who is Co-Opting the Liberty Movement?.

“Remember, remember

The fifth of November
The gunpowder treason and plot.
I know of no reason
Why the gunpowder treason
Should ever be forgot.”

That was technically yesterday (Mountain Standard Time), though I when I started this piece I hadn’t gone to bed yet. Today is officially election day. This post is intended to bring a few things to everyone’s attention. Many people already know these things. Some don’t. Either way, as usual, I will put a little of my own spin on it.

First on the election.

On the presidential elections (I still have not voted yet today, but I think I will make it to the polls before they close), voting doesn’t really effect the election outcome unless you are in a battleground state. So I hope most people will be voting their consciences. Voting, however, does send a message, and that message for each voting block is the same REGARDLESS of the outcome. What I mean by this is, if you support someone but vote for someone else, odds are that not only will that vote have no effect on the outcome (unless, as I said, it is a tight race) in terms of who the next president is, but you are also keeping people from knowing what you truly believe. Voting to send a message therefore has much more of an impact than voting to put someone in power.

And now, the rest of the post on ongoing and attempted takeovers of the liberty movement by 1) Occupy Wall Street (this was only a minor and unintended offense on their part), 2) the rank and file of the Tea Party (originally a good thing, but now more or less synonymous with the GOP), and 3) the Kochtopus (who in my conspiratorial mind own Jesse Benton, Paul Ryan, Mitt Romney, and a good portion of many Republican, Tea Party, and Libertarian groups, organizations, and individuals, though I do not allege that everyone employed are receiving funds from the Koch Brothers is automatically a blind tool).

407 years ago this night was the Gun Powder plot where a group of English Catholics attempted to Assassinate James I of England. All religious considerations aside (I am not a Catholic), it was an act against oppression and thus a tradition has come down to us today, mainly in England, to celebrate the anniversary. I won’t go into any details about how the Fifth of November, AKA Guy Fawkes Day is traditionally celebrated, but I do want to call attention to the man it was named after. But not the historical man because that is fairly boring. It is to the fictionalized, mythologized, romanticized, and later Hollywoodified version that I will point you. Guy Fawkes is a Robin Hood-like hero in these later accounts, and much the same he has captured many hearts and minds. Like Robin of Loxley, he stands against the existing order, the status quo, and evades the unjust authorities, but perhaps unlike him, the whole idea of tyranny. What more could I ask for?

We’ve all seen the Guy Fawkes masks, the ones that come from the movie V for Vendetta. The first people that used them as activists, perhaps to the surprise of many, were in fact Ron Paul supporters. Not the hackers group Anonymous, and not the Occupy Wall Street movement. Just like with the Tea Party movement.

Speaking of Anonymous, Guy Fawkes, and Ron Paul, check out this “leak” and the video below.

https://cdn.anonfiles.com/1351956247586.pdf

Ron Paul raised $4.3 Million on Guy Fawkes Day in 2007. Why a similar money bomb didn’t occur in 2011 is probably due to former Campaign Manager Jesse Benton’s fear and loathing of anything resembling disorder or fringe or passion.

Most Ron Paul supporters had their suspicions of Jesse Benton. Some smelled a rat early on. Other reserved judgement until it was too late.

Adam Kokesh was one in the former category. [Warning: Foul Language!]

He regarded Jesse Benton and Campaign for Liberty (under Benton’s leadership at the time) with disdain from early one, at first for what seemed to be personal reasons, but later what turned out to be a dead-on instinct.

This all reminds me of an historical episode that occurred between another Jesse Benton, and a man who might be considered Ron Paul’s role model against the Central Bank, President Andrew Jackson.

Campaign for Liberty was perhaps the first real Tea Party organization, although in a sense Dick Armey’s Freedom Works (2004), the Koch Brothers’ Americans for Prosperity (2004) Grover Norquist’s Americans for Tax Reform 1985), and the Koch Brothers’ Citizens for a Sounds Economy (1984) all deserve honorable mention.

Even Murray Rothbard can be said to have had a role, albeit a small one.

The New Boston Tea Party – Murray Rothbard

And speaking of Murray Rothbard and the Kochtopus, I suggest you read some of these links I have done many hours worth of research looking for. I have read a number of them myself. There is some really juicy stuff in there. And it should be required reading for any liberty minded person worried about the corrupting influences to be found in politics, even in the libertarian movement. I don’t know entirely what to make of it all other than that the Koch brothers have done many great deeds for which they should be praised, but all for what appear to be the wrong reasons, reasons, which have also caused them to do a great deal of  more sinister things. Perhaps enough to outshine their more praiseworthy endeavors. They are corporate fascists and elitists no less than George Soros and Warren Buffet. They just have a different strategy. Perhaps the most clever and dangerous.

1969

Libertarian Cover for the Corporate State by Murray N. Rothbard

1980

The Clark Campaign: Never Again by Murray N. Rothbard

1981

http://mises.org/journals/lf/1981/1981_01-04.pdf

Konkin on Libertarian Strategy – Murray N. Rothbard – Mises Daily

Samuel Edward Konkin III “Reply to Rothbard”

http://mises.org/journals/lf/1981/1981_06-07.pdf

1993

WHY THE PRO-NAFTA HYSTERIA?

May 28, 2007

Conference on Austrian Economics and the Firm « Organizations and Markets

March 25, 2008

How Libertarian Is the Kochtopus? « LewRockwell.com Blog

April 22, 2008

The Kochtopus vs. Murray N. Rothbard by David Gordon

May 12, 2008

The Kochtopus vs. Murray N. Rothbard, Part II by David Gordon

October 22, 2008

The Board Game of Libertarian Public Policy

January 2, 2009

Tyler Cowen: Statist, anti-Rothbardian agent of the Kochtopus | TIME.com

March 2, 2009

The Kochtopus and Power « LewRockwell.com Blog

March 6, 2009

‘Libertarian’ Hero « LewRockwell.com Blog

August 28, 2009

Cowenian Second-Bestism Smackdown

Good for Pete Boettke « LewRockwell.com Blog

March 30, 2010

Koch Brothers Fund Trey Grayson’s Campaign « LewRockwell.com Blog

re: Koch Brothers Finance Trey Grayson’s Campaign « LewRockwell.com Blog

April 22, 2008

The Kochtopus vs. Murray N. Rothbard by David Gordon

April 16, 2008

‘Reason’-Funder To Host Cheney « LewRockwell.com Blog

August 4, 2010

Radical Roots of Libertarianism by Samuel E. Konkin III | JustLive

August 30, 2010

The Billionaire Koch Brothers’ War Against Obama : The New Yorker

In Defense of the Kochtopus by Justin Raimondo — Antiwar.com

August 31, 2010

Austrians Again « LewRockwell.com Blog

September 3, 2010

David Koch Attacks Alan Grayson « LewRockwell.com Blog

September 15, 2010

“Who’s Funding This?!”

October 25, 2010

Good for the Cato Institute « LewRockwell.com Blog

November 24, 2010

Liberty Central: Repo’d by the Koch brothers? | Smart v. Stupid

November 26, 2010

Libertarians Against the Regime by Justin Raimondo — Antiwar.com

January 26, 2011

Koch Brothers Feel the Heat In DC, as Broad Coalition Readies Creative Action to Quarantine the Billionaires Gathering in California Desert | Alternet

January 27, 2011

‘Koch Brothers Trot Out Ed Meese To Defend Them’ « LewRockwell.com Blog

EconomicPolicyJournal.com: Koch Brothers Trot Out Ed Meese to Defend Them

Koch conference under scrutiny – Kenneth P. Vogel and Simmi Aujla – POLITICO.com

February 2, 2011

EconomicPolicyJournal.com: Koch Brothers Hire Arnold Schwarzenegger’s PR Operative

February 3, 2011

More Adventures With the Kochs « LewRockwell.com Blog

February 6, 2011

EconomicPolicyJournal.com: Americans for [Koch] Prosperity

February 9, 2011

Monetary Policy Hearing Today: Ron Paul Versus the Kochtopus | Next New Deal

February 24, 2011

Why the Evil Koch Brothers Must Be Stopped: They Support Drug Legalization, Gay Marriage, Reduced Defense Spending | Peace . Gold . Liberty

February 26, 2011

Wisconsin, Reason, and the National Conversation

March 2, 2011

On Koch Supported Herman Cain by Robert Wenzel

The Koch Bros. Love Herman Cain & Hate Ron Paul | Peace . Gold . Liberty

March 10, 2011

Murray Rothbard on the Kochtopus by David Gordon

April 22, 2011

Gary Johnson: Caveat Emptor by Justin Raimondo — Antiwar.com

May 6, 2011

The Proto-Koch « LewRockwell.com Blog

May 9, 2011

Utah Court Strikes Blow for Free Speech, Dismisses Trademark and CFAA Claims Against Political Activists | Electronic Frontier Foundation

July 3, 2011

The Caravan Keeps Rolling « LewRockwell.com Blog

Their Master’s Voice | Lew Rockwell’s Political Theatre

July 8, 2011

Koch Brothers to Democrats: Stop Asking us For Money

July 22, 2011

Koch Bros. for Higher Taxes (on Their Competitors) | Lew Rockwell’s Political Theatre

July 25, 2011

Do the Koch Bros. Own Bachmann, Too? | Lew Rockwell’s Political Theatre

September 6, 2011

EconomicPolicyJournal.com: HOT: Mother Jones Releases Secret Koch Brothers Tapes

September 29, 2011

EconomicPolicyJournal.com: Oh Geez, Charles Koch Advised Friedrich Hayek to Sign Up for Social Security

October 3, 2011

Update: Austrian economics program denied at Loyola New Orleans

October 13, 2011

Could a Tea Party Occupy Wall Street? by Addison Wiggin

November 6, 2011

That 3rd Koch Brother | Lew Rockwell’s Political Theatre

November 16, 2011

MF Global and the Koch Bros. « LewRockwell.com Blog

January 1, 2012

From Vienna With Love: The Kochtopus Warms Up to Ron Paul

January 31, 2012

What’s wrong with the Cato institute? | Peace . Gold . Liberty

February 16, 2012

“History of the Libertarian Movement” by Samuel Edward Konkin III | Left-Liberty.net

March 1, 2012

Kochs launch court fight over Cato – Mike Allen – POLITICO.com

Koch Brothers sue Cato Institute, president – Think Tanked – The Washington Post

Cato says Koch engaged in “a hostile takeover” of the think tank – Think Tanked – The Washington Post

EconomicPolicyJournal.com: Billionaire Koch Brothers Sic Super Lawyer on Widow

Koch Bros. Sue Ed Crane, Cato Institute « LewRockwell.com Blog

The Kochs vs. Cato : The New Yorker

March 2, 2012

EconomicPolicyJournal.com: Will Lew Rockwell Show at the Next Meeting of the Cato Board?

The Volokh Conspiracy » Koch v. Cato

The Cato Putsch | The American Conservative

March 3, 2012

‘Cato Putsch’? « LewRockwell.com Blog

Brad DeLong: Ed Crane and the Cato Institute vs. the Kochtopus!

EconomicPolicyJournal.com: Beltarians versus WaPoists on Koch-Cato

The Volokh Conspiracy » Koch v. Cato — A View from Cato

March 4, 2012

EconomicPolicyJournal.com: Murray Rothbard Haunts Koch-Cato from the Grave

Justin Raimondo on the Latest Cato Broadside « LewRockwell.com Blog

Bob Wenzel on the Lineage of the Cato Shares « LewRockwell.com Blog

March 5, 2012

Libertarian Ed Crane Decides to Act Like a Liberal. Will It Destroy the Cato Institute? | RedState

Koch Brothers, Worth $50 Billion, Sue Widow Over $16.00 of Nonprofit’s Stock » Counterpunch: Tells the Facts, Names the Names

What Goes Around Comes Around by Skip Oliva

EconomicPolicyJournal.com: What It Takes to Get Big Support from the Koch Brothers

CATO: From Libertarian to Republican? | The American Conservative

March 6, 2012

Is It Charles Koch’s Moral Duty . . . « LewRockwell.com Blog

Charles Koch Makes a Good Point by Thomas DiLorenzo

Cato and the Kochs | The Moral Sciences Club | Big Think

March 7, 2012

EconomicPolicyJournal.com: Where’s LewRockwell.com?

March 8, 2012

Charles Koch: I Am Not Backing Down « LewRockwell.com Blog

Koch vs. Cato — A Guest Post by Brink Lindsey | Bleeding Heart Libertarians

The Battle for Cato « ThinkMarkets

EconomicPolicyJournal.com: MIT Prof: The Kochs Will Not Takeover the World

March 12, 2012

Cato’s Amazing Hypocrisy as It Battles the Kochtopus » Counterpunch: Tells the Facts, Names the Names

March 19, 2012

EconomicPolicyJournal.com: For the Neocons, It’s Crane over Koch

March 22, 2012

Robert Lawson on Koch ‘n Cato « LewRockwell.com Blog

EconomicPolicyJournal.com: David Koch Gives Ed Crane an Employment Review

March 26, 2012

Family Feud | The Weekly Standard

April 11, 2012

Judge Napolitano Visits Cato

April 16, 2012

The Libertarian Challenge to Charles Murray’s Position on Property Rights and Homesteading by Walter Block

April 20, 2012

Digging the Hole Deeper « LewRockwell.com Blog

Independent and Principled? Behind the Cato Myth | The Nation

April 24, 2012

How Not To Change America’s Politics: Set Up a Public Policy Think Tank by Gary North

April 27, 2012

The Think-Tank Mentality by Skip Oliva

July 7, 2012

» Lessons from the UVA, Cato Wars Kleptarchy

August 17, 2012

The Paul Ryan Selection: The Koch Brothers Get Their Man – Roger Stone: The Stone Zone

August 30, 2012

Plutocrat David Koch Not a Libertarian « LewRockwell.com Blog

Two Additional Links I can’t put in the chronology:

Kochtopus

Interview With Samuel Edward Konkin III

One of the most interesting things (and there were many) I garnered from reading these is the Kochtopus’ love for Central Banking, despite their roots in Austrian Economics. Evokes memories of Alan Greenspan. And why the Koch Brothers put stock in Herman Cain. And why Rick Perry was derided by so-called conservatives when he called Ben Bernanke a traitor. And why their oh so brief ally Ron Paul is so hated by them and theirs anymore.

And it reminds me further of several graphics I have seen floating around on the various End the Fed sites and blogs. A stream of consciousness post like this would be seriously remiss without tying everything together with a few related images.

Do I need to spell out the connection?

Hydra/Kraken/Squid/Octopus/Kochtopus/Leviathon/Federal Government/Federal Reserve/National Bank/Petrodollar/Koch Industries/Corporations/Military Industrial Complex/Fascism Hello?!?!

Please don’t think I’m going all occult on you or anything (I do admit that I came across some pretty dubious sites looking for some of these images). I just really like mythology and history and metaphors and analogies.

From the Comments: Loose Fiscal and Monetary Policy is the Cause of the Problem, not the Solution

From the Comments: Loose Fiscal and Monetary Policy is the Cause of the Problem, not the Solution.

There is a comment on one of my posts. It is really off-subject, but since I rarely get comments that aren’t pure spam (I even suspect that the comment in question is cleverly disguised spam), and since it is something that I talk about here on the site, replying to it and bringing it to my readers’ attention seemed like a good option. I don’t do this with all of the comments, just the ones that give me a clear opportunity to get a point across. It is probably bad blogger etiquette to do it at all, but at the moment I am working on several fairly extensive projects so I need a quick and easy post.

Mercadee: We have used both monetary and fiscal policy to battle this recession, and without the Fed’s actions to limit the downturn things would have been much worse. Fiscal policy in the form of the stimulus package, though too little, too late, and too tilted towards tax cuts, also helped to limit the damage to the economy. But when it comes to promoting a faster recovery, both monetary and fiscal policymakers have failed to do enough to help the economy return to full employment.

Me: Wrong! You are suggesting that policymakers should do those things which brought about the bubbles in the first place. What caused the depressions of 1920-1921 and 1930-45, and what made the latter one so long that did not occur in the case of the former? Loose fiscal and monetary policy. Stimulus to fund World War One, stimulus to pay off debts accrued from World War One, stimulus to fund public works projects, and stimulus to fund World War Two. What caused the housing bubble and its burst? The malinvestment that arose from the stimulative monetary and fiscal policy that was supposedly necessary to soften the blow of the dot-com burst, which was itself the result of prior loose policies. And here you are arguing for the same thing again. This time the bubbles are in student loans, car loans, and sovereign debt. It would be fine if there was a never ending series of bubbles that could burst and re-inflate, but there isn’t. Sovereign debt and government bonds are the end of the line. When that bubble bursts it will destroy the dollar, as the bubble and the false confidence it gave rise to is the only thing that has been propping it up. What gave rise to this bubble? There are many factors, and I suspect that, unlike the case of the other bubbles, this one was intended. Whether it is/was the Nixon Shock and completely detaching from a commodity standard; or wars for oil (the first one arguably being World War Two, as evidenced by the events leading up to Pearl Harbor, but perhaps more notable than this being the 1953 coup in Iran); or the creation of Bretton Woods in 1945; or the creation of the Fed in 1913; or the strengthening of the Fed in 1917; or the price controls and confiscation of gold in 1933; or the social programs and public works projects that created the current high levels of National Debt and Unfunded Liabilities, leading to the need to print more unbacked dollars; that is/was the chief cause I know not. And I care not as they are all contributing factors and all were misguided policies. The effects of these policies must be diminished. And similar policies must be prevented.