Echoing this agenda, creepy population control guru once known for his software-stealing savvy named Bill Gates stated on August 4 that “Some governments and private investors are committing the funding and the policies that will help us get to zero emissions, but we need even more to join in. And we need to act with the same sense of urgency that we have for COVID-19.”

The Devil in the Details

The problem with this reset isn’t that the orchestrators of this pending reform desire a new system of value beyond the “monetarist/anything goes” standards of free markets which have dominated our world under decades of globalization. We obviously need that since worshiping money on the unregulated markets just created a massive volatile bubble underlying a $1.5 quadrillion financial weapon of mass destruction called derivatives waiting to blow up.

The problem isn’t found in moving the nexus of economic regulation and planning back to governments which the Green New Dealers wish to guide the new world economic order. We obviously need that too, and the fact that the greatest rises in wealth and living standards historically occurred during periods when this sort of dirigiste approach was active should not be lost on anyone. If you have any doubts of this claim, then I refer you to Martin Sieff’s excellent analysis of Bismarck and the Failure of the UK’s NIS.

The problem is that the standards of value which proponents of the New Green New Deal believe we must re-allign our behavior to, have the peculiar characteristic of undoing human activity entirely under the guise of “monetizing the rate of reduction” of humanity’s carbon footprints.

This may seem paradoxical at first, but I ensure you this is exactly what is being sold to the credulous masses desperately seeking something new, stable and moral to guide our society out of the oncoming storms set to befall us. In order to get a visceral image of the tragedy: imagine a sick patient being convinced by a quack doctor that they need only endeavor to a little more bloodletting in order to be healed of their ills. Or imagine that an obese patient is told that their path to health is to be found not in proper eating and exercise but rather in contracting their belt size incrementally from a 48 inches to an 8 inch waist size.

This is what a world covered in windmills, solar panels, biofuels, green financing, and decarbonization will offer us.

Windmills vs Nuclear

Where it would take approximately 17 600 acres of land covered with windmills to produce about 1200 megawatts of power, the equivalent 1200 megawatts derived from nuclear sources would take up an area no larger than several city blocks. Quantitatively identical, the qualitative factor of difference of energy flux density of either source is even more dramatic. Where nuclear power can easily power a society’s industrial and consumer needs, a windmill farm’s energy output is of such a low flux density that it cannot even make another windmill.

While I am not a fan of the misanthropic undertones of Michael Moore’s Planet of the Humans, it did successfully demonstrate the total failure of green energy fantasies in a variety of ways.

Green bonds which would be issued through a mix of private banks and national infrastructure banks under a Green New Deal reset would be tied to long term large scale green infrastructure projects that would prohibit humanity from ever actually building the sorts of mega projects we once built during the days of the actual New Deal of the 1930s (ie: Tennessee Valley Authority, hydroelectric programs) or the current New Deal of the 21^st century known as China’s Belt and Road Initiative.

The Real New Deal vs the Green New Deal

The reality is that the solutions for a real New Deal reorganization of today’s bankrupt world economy are available to us and would involve many of the mechanisms which Green New Dealers like Soros, Gates, Carney etc.. are proposing with one vital difference.

Rather than lower humanity’s productive powers of labor as the Green New Deal proposes, the new system of productive credit which must be created out of the ashes of the currently collapsing order should be premised upon:

1) A respect of national sovereignty under a win-win system of cooperation and NOT a system of supranational technocratic controls under the rule of a bankers’ dictatorship. This is the foundation of the multipolar alliance that Presidents Xi and Putin have defended for years and which an America freed of the likes of Pompeo and other China-bashing neocons may yet tap into.

2) Large scale, long term infrastructure projects which uplift the standards of living of all people, as well as the cognitive powers of all people and the productive powers of labor of all people simultaneously. To illustrate what this looks like, inspect the effects of the New Silk Road across Eurasia and Africa over the past 5 years.

3) That this process has the natural effect of increasing national capital and consumer consumption per capita and per square kilometer (since higher quality lives lived longer equates to higher rates and quality of consumption both individually and nationally). A viable modern guidebook to explore this system scientifically can be found in the writings of the late American economist Lyndon LaRouche with a focus upon his 1984 book So You Wish to Learn All About Economics and short accompanying video The Power of Labor.

Taken together, these three variables would tend towards an increase of humanity’s carrying capacity conditional upon the factor of something ivory tower mathematicians and computer modellers dominant in today’s econometric and climate science worlds detest: HUMAN CREATIVE REASON.

The Role of Creative Thought in Economic Systems

Abraham Lincoln understood this fact all too well 170 years ago when he said in 1860: “Man is not the only animal who labors; but he is the only one who improves his workmanship. This improvement, he effects by Discoveries, and Inventions.”

This idea was amplified by Lincoln’s leading economic advisor Henry C. Carey who said in 1872: “The more his power of association, the greater is the tendency toward development of his various faculties; the greater becomes his control of the forces of nature, and the more perfect his own power for self-direction; mental force thus more and more obtaining control over that which is material, the labors of the present over the accumulations of the past…”

If you haven’t noticed it, both Lincoln and Carey recognized that it is by increasing rates of discoveries of unknown organizing principles of the universe which allows our species to translate those new discoveries into greater rates of scientific and technological progress. This overcoming of our limits to growth by leaping to new technologies and resources would then establish a guiding framework for planning future investments into R & D with a focus on activities that push the frontiers of human knowledge with an emphasis on space exploration in the macrosmos and discovering the geometries of the atom (and the relationship of matter to energy) on the microcosmos.

This process embodied by Lincoln and Carey was once known far and wide as the “American System” and it isn’t a coincidence that EVERY SINGLE American president who died while in office (eight in total) were supporters of this system.

The Origins of the American System

During the crisis of 1783-1791, The newly established American republic was an agrarian economy in financial ruins with no means to pay off its debts or even the soldiers who fought for years in the revolutionary war. It was only a matter of time before the fragile new nation would come undone and be reabsorbed back into the fold of the British Empire.

The solution to this unsolvable crisis was unveiled by Washington’s former Aide de Camp and now Treasury Secretary Alexander Hamilton who studied the works of the great dirigiste economists like France’s Finance Minister Jean-Baptiste Colbert, and introduced a four-fold solution:

• Consolidate all unpayable state debts into a singular federal debt secured by the issuance of new bonds. This was done via his 1790 Report on Public Credit.
• Tie these new bonds to internal improvements like roads, canals, academies and industrial growth which would create a qualitatively new form of debt that would permit the nation to produce its way out of poverty which would lead to “the augmentation of the active or productive capital of a country”. In this sense Hamilton distinguished bad debt from good debt using the important guiding principle that the “creation of debt should always be accompanied with the means of extinguishment.” [to illustrate this more clearly: think of a farmer taking on a debt in order to feed a gambling addiction vs investing his loan into new farm supplies and a tractor.] The thrust of this conception was found in his Report on the Subject of Manufactures of 1791.
• Guide that new national power over finance by a system of national banks subservient to the Constitution and the General Welfare (instead of a system of central banks under the British model that ensured nation states would forever be subservient to the laws of usurious finance). This was illustrated in Hamilton’s 1790 Report on a National Bank and his 1791 On the Constitutionality of a National Bank.
• Use protective measures where necessary to block foreign dumping of cheap goods into the nation from abroad which essentially makes it more profitable to purchase industrial goods and farm products locally rather than from abroad. Hamilton also promoted federal incentives/bounties to encourage private enterprises to build things that would be in alignment with the national interests.

Throughout all of his works, Hamilton is clear that value is not located in land, gold, money, or any arbitrary value favored by followers of the British School like Adam Smith. In defending the growth of manufactures and internal improvements, Hamilton states that “To cherish and stimulate the activity of the human mind, by multiplying the objects of enterprise, is not among the least considerable of the expedients, by which the wealth of a nation may be promoted.”

The Overthrow of the American System

Although City of London-affiliated traitors in America like Aaron Burr established the speculative Bank of Manhattan which started Wall Street, killed Alexander Hamilton in 1804, and derailed many of Hamilton’s grand designs, the system was never completely destroyed despite the decades of attempts to do so. In 1824, the great German economist Frederick List came to America with the last surviving leader of 1776 Marquis Lafayette as part of an international effort to revive the sabotaged plans to create a world of sovereign republics modelled on the American experience of 1776.

While this effort failed with Lafayette’s supplication to the scheme of re-instating a French King in 1830 rather than declare himself the President (as I outlined in my recent paper on the Congress of Vienna), List studied Hamilton’s system and was the first to codify it as the American System of Political Economy (1827). This was the system which List transported to Germany by driving rail development, industrial growth, protectionism under the German Zollverein which finally blossomed under the rule of Chancellor Otto von Bismarck. List’s system was also studied, translated and applied in Russia by many “American System economists” with the greatest being the Transport Minister and Prime Minister Sergei Witte who oversaw the trans Siberian railway’s completion and envisioned a line eventually connecting the Americas to Russia via the Bering Straits.

In America, the clash between American vs British Systems defined all major conflicts from 1836 when a drunken racist named Andrew Jackson killed the 2^nd National Bank (along with thousands of Cherokee) and brought the nation under the heal of British Free Trade, speculation, and cotton plantation economics. Following the IMF’s protocols that would be imposed onto victim nations 150 years later, Jackson cancelled all internal improvements in order to “pay the debt” and deregulated the banking system which resulted in the growth of over 7000 separate currencies issued by an array of state banks rendering the economy chaotic, bankrupt and prone to mass counterfeiting.

The defenders of the American System during this period (led by Whigs such as John Quincy Adams, and Henry Clay) played a rear-guard action hoping for an opening to occur at some point. When that opening finally arrived with the victory of Whig President William Harrison in 1840 a glimmer of hope was felt. Harrison swept to power with a mandate to “revive the national bank” and enact Clay’s American System of internal improvements but sadly the new leader found himself dead in a matter of only 3 months with legislation for the 3rd national bank sitting unsigned on his desk. Over his dead body (and that of another Whig president only 10 years later), the slave power grew in influence enormously.

It wasn’t until 1861 that a new president arose who successfully avoided assassination attempts long enough to revive Hamilton’s American System during a period of existential crisis of economic bankruptcy and foreign sponsored civil war which nearly destroyed the Union in ways not that dissimilar to the situation unfolding in America today.

In my next installment, I will introduce Abraham Lincoln’s revival of Hamilton’s American System with his incredible battle against the forces of Wall Street and the City of London who did everything in their power to ensure the success of the secessionist slave power.

The author can be reached at matt.ehret@tutamail.com

(In the peculiar form of British Parliamentary governments, parliaments can be shut down unilaterally by an order signed by the Monarch’s Governor General at any time a Prime Minister should request it).

The logic behind prorogation is that the government’s annual economic program announced last December did not take into account the emergence of COVID-19 and this reality demands we prepare for the “post-COVID world order”. Pesky democratic institutions like Parliament might only get in the way of the types of broad reforms needed for these changes.

The next several weeks will be decisive in planning out this transformation. and as he unveiled the news of prorogation, Trudeau stated: “we need to reset the approach of this government for a recovery to build back better. And those are big, important decisions and we need to present them to parliament and gain the confidence of Parliament to move forward on this ambitious plan.”

While commentators and opposition parties were abuzz with speculation about the Liberal government’s corruption (all committee hearings investigating the We Charity scandal have been shut down until September 24^th), the reality is not so superficial and has much more to do with the oncoming economic collapse and the false solutions being prepared to “solve” it.

The Strategic Reality of the Collapsing Trans Atlantic System

The uncomfortable fact which too many commentators tend to run away from out of fear, ignorance or intellectual dishonesty, is that the world financial system is sitting on the verge of a global financial meltdown of a $1.2 quadrillion derivatives time bomb which former Bank of England Governor Mervyn King stated in September 2019 is on the verge of “financial Armageddon”. This grim reality was known long before the COVID pandemic was launched during October 2019’s Event 201.

It is this oncoming financial meltdown that underlies the war drive against China which certain western geopoliticans fear will shape the new system which they sought to control. France’s Bruno Lemaire laid out this fear in the most candid way in July 2019 when he said “unless we are able to reinvent Bretton Woods, The New Silk Roads might become the new world order”. (1)

So what role does Canada play in this and how does this affect the shakeup in the current Canadian government? Why would Chrystia Freeland, a Rhodes Scholar more proficient in regime change than banking, be given the reigns of Canada’s economic order during these trying times?

To answer these questions, we must review the role of Mark Carney, UN Special Envoy on Climate Action, former head of the Bank of England, and leading organizer of the upcoming COP26 Summit to be held in the UK this coming November.

Carney the Eco-Warrior Takes the Helm Again

When Mark Carney stepped down from the position of Governor of the Bank of Canada in 2013 to become the first non-British Governor of the Bank of England since the private central bank was created in 1694, it was made clearly known that this Oxford-trained Canadian technocrat had been vetted by some very high level powers.

After training for years as a Goldman Sachs investment banker where his activities helped fuel the bubble that nearly brought down the world economy in 2008, Carney was brought into the Governorship of the Bank of Canada to take on the role as the clean, conservative-minded Canadian central banker navigating through the chaos which his former employer helped create. It was at this time that Carney became a member of the Rockefeller Foundation’s Group of 30, Foundation board member of the World Economic Forum and leading participant at Bilderberg and Davos events. While still Bank of Canada governor, Carney was handed the keys to the BIS’s Financial Stability Board (FSB) by fellow Goldman Sachs man Mario Draghi in 2011 where he managed global derivates regulation (aka: fuse of the international weapon of mass financial destruction now bursting at the seams).

After serving seven years as Governor of the Bank of England (2013- March 2020) the world economic system has been stretched to its limits and the oncoming collapse has been accelerated by a global pandemic.

Now, after 7 years in the City of London, Carney is returning back to his home country.

On August 10^th, it was first announced that Mark Carney (aka: the eco warrior of bankers) will be running a task force to restart the economy (titled the “Canadian Pandemic Recovery Plan”) which will attempt to aggressively put into motion those Green New Deal reforms laid out during the World Economic Forum’s “Great Reset” summit of July 14, 2020.

The Great Reset Fraud

As I laid out in my recent paper The Great Reset Fraud, this program is little more than a cover for global depopulation and world government run by the same arsonists who have lit the world economy on fire in the first place.

Echoing the Great Green Reset program, Freeland pointed out on August 18, the collapse of jobs, irreversible shutdown of businesses, the unmanageable growth of a $343 billion deficit, and phase out of Emergency Response Benefits will need to be green and driven by the goal of decarbonization. When asked about decarbonization specifically, Freeland stated “of course, it has to be part of it. I think all Canadians understand that a restart of our economy needs to be green.” She then smiled and stated that this crisis is actually a wonderful opportunity.

Calling for a new hierarchy of values which will shape the new system which Carney and Freeland (both Oxford trained technocrats) believe will come online in short order, in an April 2020 interview on the Post-Covid19 economy, Carney stated “the great test whether this new hierarchy of values will prevail is climate change.”

For anyone sick of the immoral, monetarist religion of free markets that have run roughshod over the world for the past forty years of post-industrial decay, war and speculation, the proposition to change our “hierarchy of values” may seem like a breath of fresh air. The problem is that the drive of a green economy of green bonds, green grids, carbon taxes, cap and trades, and green banking will tend to cause humanity as a whole to suffer immensely and will strip nation states of the productive industrial potential needed to resist the will of a transnational oligarchy.

Like all nations, Canada’s economy is extremely reliant on fossil fuels, and every attempt made to create green infrastructure grids has resulted in massive energy price spikes for consumers, unreliable electricity prone to blackouts, and massive tax-payer subsidies to keep green industries financially viable. These problems have required the emergence of green reset task forces using a pandemic to force through changes which would never be democratically accepted under “normal” circumstances.

The Carney/Freeland Great Reset Task Force

For the past several years, both Carney and Freeland have been laying the groundwork for a new system of measuring “value” aimed at reducing both national sovereignty and nations’ physical capabilities to sustain human life while simultaneously (and quite ironically) doing grave damage to the environment.

For starters, Carney’s Task Force on Climate Related Financial Disclosures co-run by New York billionaire Michael Bloomberg aims to force all companies in the world to disclose all activities that either create carbon dioxide or disrupt supposed states of natural equilibrium which mathematical ivory tower ecologists presume govern all natural states.

On February 26, 2020, Carney joined Sir David Attenborough in launching the “COP26 Green Private Finance Initiative to ensure that “every professional financial decision to take climate change into account. The right framework for reporting, risk management and returns will embed these considerations and help finance a whole economy transition. To achieve net zero, every company, bank, insurer and investor will need to adjust their business models for a low carbon world.”

Sir Attenborough has been a lifelong friend of Prince Philip and a neo-Malthusian guru who has attempted to teach the world that all of our woes stem not from systems of empire (to which his career is vitally beholden), but rather to over population. A recent call to leaders to correct this problem using the cover of COVID19 is one of countless testimonies to this misanthropic philosophy.

The Green bankers Climate Compact which Carney pioneered would ensure that companies which are considered “dirty” would never receive loans from banks and any insurance they received would come at impossibly high premiums as punishment for their climate offending ways. As a shining role model for “good green behaviour” Carney has cited his former employer Goldman Sachs has already ruled out any future financing for oil drilling, thermal coal projects or Arctic development.

In his paper “Fifty Shades of Green”, Carney stated that all dirty (brown) companies with poor climate grades will either not receive loans or receive loans at such high levels of interest that they will be artificially bankrupted (taxing polluters to death).

As Carney said in September 2019, “the firms that anticipate these developments will be rewarded handsomely. Those that don’t will cease to exist”.

This means that every company working along China’s Belt and Road Initiative in Eurasia, the Middle East and Africa would not exist in Carney’s world while any western company which could actually participate positively in the multipolar dynamic would be cut off of all credit and die.

After companies have proven their greenness, simply being approved for bank loans will not be enough to carry out their business. Here Carney and his colleagues at Canada’s Infrastructure Investment Bank plan to issue green bonds which today amount to only 5% of all global bond issuances but which Carney hopes will soon attain the “$3.5 trillion in energy sector investments [needed] every year for decades” which are required to “keep warming below 1.5 degrees”.

By re-wiring the Canadian economic system to this new system of values in time for the November 2020 COP26 summit in the UK where he will act as British Climate Advisor and key organizer, Carney hopes that the Canadian model will be internationalized so that climate change “will affect the value of virtually every financial asset.”

A New System of Economic Value

The problem with Carney’s post-COVID vision is that “value” is tied not to the rising of living standards, human creative reason or national productive powers of labour that characterized the creative growth of human civilization for the past several centuries but rather upon the TOTAL INVERSE. By placing values on reducing human activity, reducing carbon footprints, reducing traces of human activity upon the earth- the potential to sustain life will not only be consciously reduced but financially incentivized. Under a Green New Deal, humanity will effectively be imposing forms of energy, and practices onto ourselves which will ensure that we never participate in any large scale projects characteristic of the New Silk Road, Polar Silk Road, Asteroid Defense etc… and will never become capable of freeing themselves from a Malthusian class of supranational bankers managing a post-nation state world order from above.

If the world is truly as closed, finite and entropic as the misanthropic minds of an Oxford-trained technocrat like Mark Carney, Chrystia Freeland or David Attenborough, then this sort of post-COVID world order would admittedly be the way to go.

If on the other hand, we happen to live in an open system, creative, anti-entropic universe and express a species characteristic of transcending our “limits to growth” by making new discoveries and translating those discoveries into new scientific and technological progress, then not only should Freeland, Carney and other Green New Dealers be removed from all positions of high office, but nations should join the multipolar alliance which puts value on increasing humanity’s potential rather than killing off our species under a 21^st century blood letting.

The author can be reached at matt.ehret@tutamail.com

(1) Even though President Trump has authorized the most foolish anti-Chinese rhetoric, sanctions and military maneuvers amidst, it is this very collapse that compels those British-run deep state operatives enmeshed in Washington (including Rhodes Scholar Strobe Talbott) to attempt a coup and civil war in America itself. With all of his problems, Trump does after all believe in national sovereignty- supports protectionism, genuinely wants to re-industrialize and despises Malthusian depopulation, making him all too intolerable for a technocratic globalist.