Why the Banking System Would Make Lenin Proud
The Dollar Vigilante
by Justin O'Connell: For
the Children: Save Yourself, Get Expelled
big banks, socialism would be impossible.” –
not crafted solely on the backs of standing human or robotic armies,
police, and bureaucracy.
state must also possess an apparatus of big banks, as Lenin wrote
at the onset of the Bolshevik Revolution, for it is banks which
perform most accounting and financial recording. In socialism, banks
must be expanded, made more comprehensive and, in our globalized
age, reach worldwide.
And so naturally,
the Obama administration plans to give
all US spy agencies full access to a large database containing the
financial data on US citizens and those who bank in the country,
according to a Treasury Department document dated March 4th.
institutions and any financial institution on Earth where an Amerikan
does his or her banking must already file "suspicious activity"
reports for certain customer transactions (you’re considered
suspicious if you conduct “large money transfers”) to
the Treasury’s Financial Crimes Enforcement Network (FinCEN).
Makes sense in the context of Lenin who championed show trials
of rich capitalists from the beginning of the Soviet experiment
simply to make them confess to their greed and the millions it was
in the US already file more than 15 million “suspicious activity"
reports every year, according to the Treasury Department. That is
on top of each and every required report on all personal cash transactions
in excess of $10,000.
Reuters points out, the FBI already enjoys full access to this database.
The CIA and NSA must make case-by-case requests for information
program gives spy agencies more raw financial data than ever. Calling
for an all-out data-sharing orgy, the Treasury planning document
reads, “For these reports to be of value in detecting money
laundering, they must be accessible to law enforcement, counter-terrorism
agencies, financial regulators, and the intelligence community.”
So, from local law enforcement to, possibly, the global intelligence
community, your financial transactions will be monitored.
The USA Patriot
Act and Bank Secrecy Act ensure that these programs are perfectly
The move “raises
concerns as to whether people could find their information in a
file as a potential terrorist suspect without having the appropriate
predicate for that and find themselves potentially falsely accused,”
said Sharon Bradford Franklin, senior counsel for the Rule of Law
Program at the Constitution Project, a non-profit watchdog.
So, the more
than 25,000 “financial” firms, like banks, securities
dealers, casinos, precious metals dealers, and money and wire transfer
agencies regularly file “suspicious activity reports.”
Many of these firms over-report. Those who run them are sufficiently
brainwashed, anxious and fearful like their wage-slave employees
have grown to become. So your local bank teller might be “dutifully”
informing on you for national security purposes.
This is fasco-communism,
comrade. The state doesn't outright own everything. But it does
control everything. And it's watching.
mind, “Capitalism had created an accounting apparatus in the
shape of banks, syndicates, postal service, consumers’ societies
and office employees unions.” He made sure to illustrate
the importance of big banks to Socialism:
big banks are the state apparatus which we need to bring about socialism,
and which we take-ready made from capitalism; our task here is merely
to lop off what capitalistically mutilates this excellent apparatus,
to make it even bigger, even more democratic, even more comprehensive…A
single State Bank the biggest of the big, with branches in every
rural district, in every factory, will constitute as much as nine-tenths
of the socialist apparatus. This will be country-wide book-keeping,
country-wide accounting of the production and distribution of goods,
this will be, so to speak, something in the nature of the skeleton
of socialist society.”
Now, the US
isn’t heading for the same sort of communism seen in the SU
(the US will have the indirect control of business seen in fascism),
although the SU is a great guide for how such a society functions.
With that said, we ought to look as well to characteristics of China’s
commercial communism of the past twenty years or so. Under this
system, a front of banks seemingly compete, but truly cooperate
behind-the-scenes, as if they were Lenin’s “single State
Bank” in the name of “worker control.” (The Russian
word, kontrol, implies ‘checking’ and ‘regulation’
and not empowerment.) What do all these banks have in common, behind
their exterior of competition? Well, for one, they all keep copious
records of you. (That's why here at TDV we urge you to get
as much of your financial business offshore as possible.)
March 21, 2013
O'Connell studied History and German Language at Linfield College
in McMinnville, Oregon, where, in his spare time, he researched
current events and their relationship to history. In his studies
he has found that societies have been managed by philosophically-kindred
ruling classes seeking persistently a singular, total order across
the planet. Justin does not believe in government as a medium for
human relationships, preferring instead the race of human ideas
stemming from a diverse, vibrant culture. Currently, he is a proponent
of physical silver as a means of wealth preservation and disobedience
to the financial system, and lives in southern California. He writes
at the Dollar Vigilante-inspired site, Silver
© 2013 The