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James Howard Kunstler Worries about Jewish Behavior

April 27, 2010/30 Comments/in Featured Articles, Jews in Economy/Finance/by Edmund Connelly, Ph. D.

I’ve written before that I get a kick out of the writing of blogger and author James Howard Kunstler. And I love to observe how he twists and turns worrying that the goyim his fellow Jews are mocking and fleecing will finally wake up and take a swat at their tormentors.

A week ago, April 19th, he really let his fears of the goyim show, so much so that I began a blog about it. As things do, a few days led to a week and now we have another Kunstler blog. And he continues to sweat about “the white trash elements” that are catching on to what slick city Jews are doing to America.

For instance, he reported last week that a fellow named Litowitz ran a scam that defrauded, among others, the Thrivent Financial for Lutherans Foundation. I’ll let readers work out the ethnic trappings of that story for themselves.

Now, here’s what I really like. First, Kunstler will outline an obvious problem:

How is it not a racket to deliberately and systematically construct investments designed to fail so you can collect what amounts to insurance against them — and then to sell those financial instruments to customers without telling them that these investments were engineered to blow up? At the very least it amounts to a failure to disclose material information, which is the basis for distinguishing illegality. More to the point, it almost certainly amounts to prosecutable criminal fraud and insider trading.

Then he’ll allude to the presence of so many of his fellow Jews involved in the schemes, someone like former Treasury Secretary Robert Rubin, who then went on to head Citicorp, which lost 70% of its value under Rubin. As a consequence, Kunstler reports, Mr. Rubin was paid $17 million in 2008 and received $33 million in stock options.

This week his column may be even more revealing. He builds his tale on a phrase uttered by then-President George W. Bush, “This sucker could go down.” Kunstler parses the meaning of the phrase, concluding that it means the whole schmeer, this “rather creaky vessel we call modern civilization.”

And he again points the blame at the Jews (well, it’s mostly Jews): “a banking system that is running a hostage-and-ransom racket on civilization.”

Allow Kunstler to expand in his own words:

This sucker is going down because the train of bankruptcies underway has a remorseless self-reinforcing power to provoke more and more bankruptcies at every stop along the line as every promise to pay is welshed on. The mortgages will not be paid and securities will not pay their investors and the banks will choke on the bad paper promises in their vaults and the pension funds will not pay their beneficiaries and the states and counties and municipalities will go broke and not pay their employees and creditors, and the federal government will not be able to “print” new money in sufficient quantities fast enough to compensate for all the money not being paid up-and-down the line… and one morning we will wake up and discover that all those promises to pay were sham promises based on no productive activity whatsoever… and that will be a sad day. Perhaps the Dow Jones Industrial Average will hit 35,000 on that day.

And make no mistake; Kunstler knows it is members of his Tribe, whom he blandly and ineffectually tries to attack: “How come no political figure of any stripe has called for the resignation of Summers, Rubin, Gensler and other Goldman Sachs ‘sleepers’ infesting high levels of government.”

Next, according to script, he turns his wary eye on the victims of all these high-level scams, and he describes those victims in his typical disdainful way:

Animosities brewing as they are among the white trash elements of the country, I just hope this sucker doesn’t resolve into an ugly bout of attempted ethnic cleansing. Certainly Obama’s racial make-up has inspired a revival of the Ku Klux spirit around the NASCAR ovals. I’m sincerely worried that the misdeeds of people name Blankfein, Rubin, and Madoff could provoke a red-white-and-blue pogrom.

Ah yes,  the infamous “cornporn Nazis” of Kunstler’s overactive imagination. And he’s right to bring up ethnic cleansing, except that he’s doing the typical Jewish tactic of projecting Jewish intentions and actions onto the actual victims. As in the Communist Soviet Union, it is ethnic White Christians who are enduring the attempted ethnic cleansing. Honestly, how many American Jews have even been physically smacked around because they are Jews? Meanwhile, the Whites who built the country are being dispossessed by massive non-White immigration and other tactics.

Still, I give Kunstler credit for consistently bringing up Jewish roles in this earth-shattering financial meltdown. It’s far more than we get from the dying Mainstream Media.

For instance, the other day I read in my newspaper a review of a new book about the collapse of Lehman Brothers. In vain did I search for even a code word about Jews. Nothing. Yet everyone even remotely connected to Wall Street knows that Lehman was a venerable old Jewish firm.

Connie Bruck and James B. Stewart wrote about Lehman’s role in the financial shenanigans of the 1980s in The Predators’ Ball and Den of Thieves, respectively. Jewish issues were always just below the surface, especially because Michael Milken was the central figure. In that case,

the mere mention of Milken and his cronies with all those Jewish names was enough to ignite a major uproar complete with accusations of anti-Semitism. Jewish activist Alan Dershowitz [who is now defending Goldman Sachs: “‘fraud’ is such a generic, vague accusation”] was center stage, even purchasing a full page ad in the New York Times (at a cost of $450,000) and ads in three other newspapers.

To get an idea of  how innocuous the references to Jews were during the Milken scandal, the following is the offending paragraph from a review of James B. Stewart’s Den of Thieves by Michael M. Thomas in the New York Times Book Review:

James B. Stewart . . . charts the way through a virtual solar system of peculation, past planets large and small, from a metaphorical Mercury representing the penny-ante takings of Dennis B. Levine’s small fry, past the middling ($10 million in inside-trading profits) Mars of Mr. Levine himself, along the multiple rings of Saturn — Ivan F. Boesky, his confederate Martin A. Siegel of Kidder, Peabody, and Mr. Siegel’s confederate Robert Freeman of Goldman, Sachs — and finally back to great Jupiter: Michael R. Milken, the greedy billion-dollar junk-bond kingdom in which some of the nation’s greatest names in industry and finance would find themselves entrapped and corrupted.

The lesson is that reviewers shouldn’t even mention Jewish names when writing about financial scandals.

The book mentioned above about Lehman Brothers is The Devil’s Casino: Friendship, Betrayal, and the High-Stakes Games Played Inside Lehman Brothers by Vicky Ward Wiley. For what it’s worth, the reviewer used a pseudonym. And as I said, there was no allusion to Jewish ethnicity, unless this opinion by the reviewer counts: “It’s tempting to conclude that what we’re dealing with here is not a cadre of crafty, evil wizards, but simply a bunch of petty, vicious schmucks.” Does that count as exposing Jewish involvement?

I don’t plan on reading these books. I did my homework in the 80s and 90s on this topic, so now it is the turn of others. Thus, I hope readers can let us know what is and isn’t useful in these new books. Kunstler will give us some hints, but it’s up to us to do the real work.

Edmund Connelly (email him) is a freelance writer, academic, and expert on the cinema arts. He has previously written for The Occidental Quarterly.

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https://www.theoccidentalobserver.net/wp-content/uploads/2018/06/TOO-Full-Logo-660x156-1.png 0 0 Edmund Connelly, Ph. D. https://www.theoccidentalobserver.net/wp-content/uploads/2018/06/TOO-Full-Logo-660x156-1.png Edmund Connelly, Ph. D.2010-04-27 07:05:232013-05-10 13:27:26James Howard Kunstler Worries about Jewish Behavior
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