WIXLIB

collective institutions are used to conceal dominance once achieved.Human hierarchies, in contrast to the animalvariety, are best sustained when the members aredeluded regarding the oppressive nature, or better,even the very existence of the hierarchy! Visiblerulers are highly vulnerable. Thus we see visible rulers claiming to be representatives of God,the common good, the material forces of history,the general will (either through vote or intuition),tradition, or other intellectual “spooks” thatserve to lessen the envy of the ruled for the rulers. Encouraging such self-delusions among themasses of the ruled is universal for visible governments. However, such spooks are little protectionfor the leaders of such systems against their sophisticated elite rivals and no protection against menlike your father. The Roman Empire was unquestioned by the mass of its subjects for centuries, butthe Emperors lived in constant fear of coup andassassination. By embracing deception wholeheartedly at every level, finance capitalism, or rulethrough money, has fashioned the ultimate systemThe Occult Technology of Power13

yet devised for the secure exercise of power. Menlike your father, the hidden masters of financecapitalism, govern those who govern, produce,and think through invisible financial tentacles,the operations of which will be elucidated later bymy colleagues. Dominance in all aspects of society is surreptitiously accomplished while the greatmajority of the ruled, and even most of the visibleleaders, believe themselves to be fairly autonomous,if harried, members of a pluralistic society. Nearlyeveryone believes major decisions to be the vectorsum of autonomous pressures exerted by business,labor, government, consumers, social classes, andother special interests. In fact, the vectors of societal power are carefully balanced by us so thatany net movement is in a direction chosen by us.The only fly in the ointment is the occasional, butextremely messy, interferences by competing financial dynasties. This disconcerting problem will notbe a major topic for this weekend.I now yield to Professor Q. who will elucidatethe central secrets of your father’s immense moneypower.14The Occult Technology of Power

Professor Q.on Occult Knowledgeas the Key to Power“The theory of aggregate production which isthe point of the following book, neverthelesscan be much easier adapted to the conditionsof a totalitarian state than the theory ofproduction and distribution of a givenproduction put forth under conditionsof free competition ”—John Maynard KeynesForward to the German Edition of the General Theory(September 7, 1936)Throughout history, secure ruling elites arisethrough secret, or occult knowledge which theycarefully guard and withhold from outsiders Thepower of such elites or cults diminishes as theiroccult knowledge is transformed into “scientific”knowledge and vanishes as soon as it becomes“common sense.” Before analyzing the secrets ofthe finance capitalist money cult let us glance forThe Occult Technology of Power15

historical perspective at occult astronomy, the oldest source of stable rule known to man of whichastrology is hut the pathetic remnant.As soon as men abandoned the life of wandering, tribal hunters to till the soil they neededto predict the seasons. Such knowledge wasrequired in order to know when to plant, whento expect floods in fertile valleys, when to expectrainy seasons, and so on. Months of backbreaking work were wasted by the unavailability of thecalendar, a convenience we take for granted. Themen who first studied and grasped the regularitiesof sun, moon, and stars that presage the seasonshad a valuable commodity to sell and they milkedit to the fullest at the expense of their credulousfellowmen. The occult priesthoods of early astronomers and mathematicians such as the designersof Stonehenge, convinced their subjects that theyalone had contact with the gods, and thus, theyalone could assure the return of planting seasonsand weather favorable to bountiful harvests. Thestaging (predicting) of solar and lunar eclipses wasparticularly effective in awing the community. The16The Occult Technology of Power

general success resulting from following the priesthood’s tilling, planting, nurturing, and harvestingtimetables insured the priesthood’s power.Today’s Christmas holiday season continuesthe tradition set by ancient priesthoods, who conducted rituals on the winter solstice to reverse theretreat of the sun from the sky. Their invariablesuccess was followed by wild celebrations. Popularknowledge of seasonal regularities was discouraged by every manner of mysticism and outlandishritual imaginable. Failures in prediction wereblamed on sins of the people and used to justifyintensified oppression. For centuries people whohad literally no idea of the number of days betweenseasons and couldn’t count anyway, cheerfully gaveup a portion of their harvests, as well as their mostbeautiful daughters, to their “faithful servants” inthe priesthoods. The power of our finance capitalist money cult rests on a similar secret knowledge,primarily in the field of economics. Our power isweakened by real advances in economic science(Fortunately, the public at large and most revolutionaries remain totally ignorant of economics).The Occult Technology of Power17

However, we established money lords have beenable to prolong and even reverse our decline bysystematically corrupting economic science withfallacious and spurious doctrines. Through ourpower in the universities, publishing, and massmedia we have been able to reward the sincere,professorial cranks whose spurious doctrines happen to rationalize in terms of “common good” thegovernment supported institutions, laws, and economic measures upon which our money powersdepend.Keynesianism is the highest form of phonyeconomics yet developed to our benefit. The highlycentralized, mixed economy resulting from thepolicies advocated by Lord Keynes for promoting“prosperity” has all the characteristics requiredto make our rule invulnerable to our twin nemeses: real private competition in the economicarena and real democratic process in the political arena. Laissez-faire or free market, classicaleconomics was our original attempt to corrupteconomic science. Its beautiful internal consistencyblinded economists for many years to the fact that18The Occult Technology of Power

it had virtually nothing to do with current reality. However, we are so powerful today that it isno longer possible to conceal our imposing institutions with the appearances of free competitionKeynesianism rationalizes this omnipotent statewhich we require, while retaining the privileges ofprivate property on which our power ultimatelyrests. Although the interim reforms advocated byMarx in his Communist Manifesto such as centralbanking, income tax, and other centralizing measures can be corrupted to coincide exactly with ourrequirements, we no longer allow Marxist movements major power in developed countries. Ourcoercive institutions are already in place. Anyreal steps toward communism would mean ourdownfall. Of course, phony Marxism is an excellent ideological veil in which to cloak our puppetdictators in underdeveloped areas. Secondarily,the power of the lords of money rests on an occultknowledge in the area of politics and history. Wehave quite successfully corrupted these sciences.Although many people are familiar with our secretsthrough such books as 1984 by the disillusionedThe Occult Technology of Power19

George Orwell, few take them seriously and usuallydismiss such ideas as paranoia. Since real politicsis motivated by individual self-interest, history isviewed most accurately as a struggle for power andwealth We do our best to obscure this self-evidenttruth by popularizing the theory that history ismade by the impersonal struggles between ideas,political systems, ideologies, races, and classes.Through systematic infiltration of all major intellectual, political, and ideological organizations,using the lure of financial support and instant publicity, we have been able to set the limits of publicdebate within the ideological requirements of ourmoney power. The so-called Left-Right political spectrum is our creation. In fact, it accuratelyreflects our careful, artificial polarization of thepopulation on phony issues that prevents the issueof our power from arising in their minds. The Leftsupports civil liberties and opposes economic orentrepreneurial liberty. The Right supports economic liberty and opposes civil liberty. Of courseneither can exist fully (which is our goal) withoutthe other. We control the Right-Left conflict such20The Occult Technology of Power

that both forms of liberty are suppressed to thedegree we require Our own liberty rests not onlegal or moral “rights,” but on our control of thegovernment bureaucracy and courts which applythe complex, subjective regulations we dupe thepublic into supporting for our benefit.Innumerable meaningless conflicts to divertthe attention of the public from our operationsfind fertile ground in the bitter hatreds of theRight/Left imbroglio. Right and Left are irreconcilable on racial policy, treatment of criminals,law enforcement, pornography, foreign policy,women’s lib, and censorship to name just a fewissues. Although censorship in the name of “fairness” has been useful in broadcasting and mayyet be required in journalism, we generally donot take sides in these issues. Instead we attemptto prolong the conflicts by supporting both sidesas required. War, of course, is the ultimate diversionary conflict and the health of our system. Warprovides the perfect cover of emergency and crisis behind which we consolidate our power. Sincenuclear war presents dangers even to us, more andThe Occult Technology of Power21

more we have resorted to economic crisis, energyshortages, ecological hysteria, and managed political drama to fill the gap. Meaningless, brushfirewars, though, remain useful. We promote phonyfree enterprise on the Right and phony democraticsocialism on the Left. Thus, we obtain a “freeenterprise” whose “competition” is carefully regulated by the bureaucracy we control and whosenationalized enterprises are controlled directlythrough our government. In this way we maintaina society in which the basis of our power, legaltitles to property and money, remain secure, but inwhich the peril of free, unregulated competition isavoided and popular sovereignty is nullified. Thedemocratic process is a sitting duck for our moneypower. Invariably we determine the candidates ofthe major parties and then proceed to pick the winners. Any attempts at campaign reforms simply putthe rules of the game more firmly under our government’s control.Totalitarianism of the fascist of communistvarieties is no danger to us as long as bastions ofprivate property remain to serve as our bases of22The Occult Technology of Power

operation. Totalitarian governments of both Rightand Left, because of the vulnerability of theirhighly visible leaders to party rivals, can be manipulated easily from abroad. Primarily, totalitariandictatorships efficiently prevent new money lordsthat could challenge our power from arising inwhole continents, civilizations, and races. Perhapsa few words on ideology proper are in order beforeI conclude.The only valid ideology, of course is rationalegoism, that is, the maximization of the individual’s gratification by whatever means prove practical.This requires power over nature, especially, whenpossible, power over other humans who are themost versatile and valuable tools of all. Fortunately,we do not have a society of egoists. Money lordswould be impossible in such a society as the mentalspooks and rationalizations by which we characteristically manipulate and deceive would be alaughing stock Under such circumstances a policyof live and let live or true “laissez-faire” anarchymight be the only alternative. Certainly a hierarchical order would be difficult to maintain by forceThe Occult Technology of Power23

alone. However, in the current era, while mindsare yet in the thrall of altruistic collectivistic, anddivine moralistic spooks, the egoist’s rationalcourse is to utilize such spooks to control others.The next speaker, Professor M., will detail thekey institution of our power: Central Banking.24The Occult Technology of Power

Professor M. on theEconomics of CentralBanking“It (a bank) can take the depositors’ goods,the goods that it holds for safekeeping, andlend them out to people on the market. Itcan earn interest on these loans, and as longas only a small percentage of depositorsask to redeem their certificates at any onetime, no one is the wiser. Or, alternatively,it can issue pseudo warehouse receipts forgoods that are not there and lend these onthe market. This is the more subtle practice.The pseudo receipts will be exchanged on thesame basis as the true receipts, since there isno indication on their face whether they arelegitimate or not. It should be clear thatthis practice is outright fraud.”—Murray Rothbard(Man, Economy, and State)The Occult Technology of Power25

“The bold effort the present bank has madeto control the Government, the distress it haswantonly produced,. . ., are but premonitionsof the fate that awaits the American Peopleshould they be deluded into a perpetuationof this institution (The Bank of the UnitedStates), or the establishment of another like it.”—Andrew Jackson(December 2, 1834)As you have a doctorate degree in economicsfrom a great university I will touch as lightly as myverbosity allows on facts accepted by economic“science” and proceed to occult aspects of CentralBanking.Since the division of labor is the key to allhuman achievement and satisfaction, a system ofexchange is crucial. Barter is hopelessly complicated. A command economy, in which each doesand receives what be is told, is also hopelesslycumbersome and fails to take advantage of individual initiative, ability, and concrete knowledge.A medium of exchange, money, is the obvious26The Occult Technology of Power

solution. (Even our highly centralized economieson the socialist model now enthusiastically embracemoney as an indispensable simplifying tool in theireconomic planning.)When left to themselves people of a givengeographical area settled upon a durable luxurycommodity, usually gold or silver, to use as money.Because money is a store of value as well as amedium of exchange, people saved part of theirgold income rather than spending it all. This goldwas often stored in the vaults of a local goldsmith,the precursor of the modern banker, for safekeeping. The depositor received a receipt that entitledhim to an equal quantity and quality of gold ondemand from the goldsmith. At some point thegoldsmith realized that there was no reason hecould not loan out some of the gold for interestas long as he kept gold on hand sufficient to meetthe fairly predictable withdrawal rate. After all, besimply promised to pay on demand, not bold thegold as such. Better yet, be could simply issue morereceipts for gold than be bad gold and the receipts,The Occult Technology of Power27

renamed notes, could circulate freely among thepopulace as money.However, he soon found that there was a definite limit set on this process by reality. Not allthe extra notes issued circulated forever amongthe public. The rate of note redemption began toincrease rapidly as the receipts passed into thehands of people unfamiliar with his reputation andespecially when competitive goldsmiths, alwayseager for more gold reserves, came into possessionof his notes. To prevent a disastrous run on hisgold reserves, note issuance had to be kept withinbounds. But the spending power of over-issuancewas a grave temptation. Especially relished was thepower over governments, industry, and merchantsthat the miraculous loan power of the goldsmithcould obtain. Many succumbed to temptation,overextended themselves and brought ruin to theirdepositors while others slowly became wealthybankers by pursuing conservative loan policies.At this point, according to economic “science,”Central Banks are instituted to protect the publicfrom periodic financial catastrophe at the hands of28The Occult Technology of Power

unscrupulous fractional reserve bankers. Nothingcould be further from the truth. Central Banksare established to remove the limitation on overissuance that reality places on competitive bankingsystems.As early as ancient Babylon and India, CentralBanking, the art of monopolizing the issuanceof money, had been developed into a perfectmethod for looting the general public. Even todaymany bankers copy the traditions of the earlierexploitive priesthoods and design their banks toresemble temples! Defenses of Central Bankingare simply part of the deception that lies at theheart of all power elites. Let us look at the waya new Central Bank is created where none hasexisted previously.We bankers approach the Prince or rulingassembly (both of whom always want more moneyto fight wars or to curry favor with the peopleand, typically, are ignorant of economics) with acompelling proposal: “Grant our bank a nationalCharter to regulate private banking and to issuelegal tender notes, that is, force our notes to beThe Occult Technology of Power29

accepted as payment for all debts, pubic and private. In exchange we will provide the governmentall the notes it prudently requires at interest rateseasily payable with existing taxes. The increasedgovernment purchasing power thus created willsimultaneously assure the power an prestige ofthe currently precarious nation and stimulate thesluggish, credit starved economy to new heightsof prosperity. Most important the violent bankingpanics and credit collapses caused by unscrupulous private bankers will be replaced by our evenhanded, beneficent and scientific management ofmoney and banking. Our public-spirited expertisewill be at the disposal of the state while we remainindependent enough of momentary political pressures to assure sound management.”For a while this system seems to work remarkably well with full employment for everyone. Thegovernment an public does not notice that weissuers of the new notes are using the notes wecreate out of thin air to surreptitiously buildeconomic empires at the expense of establishedinterests. Because of the legal tender laws, few30The Occult Technology of Power

of the new notes issued by the Central Bank arereturned for redemption in gold. In fact, privatebanks and even a few foreign banks may beginto use the Central Bank’s notes as reserves forfurther issuance of credit. Soon enough, though,prices begin to rise as the added notes increasedem

8 The Occult Technology of Power all their irrational longings into their subconscious only to have them return in compulsive, out of control behavior that inevitably leads to their ruin. Although often clothed in the rationalizations of power calculation, compulsive behavior is at root, the emotionalism of a frightened child, desperately