Can I Sign Massachusetts Banking Word

Industry sign banking delaware agreement later

this is by definition a difficult broadcast or perhaps series of broadcasts to make because it deals with that the list of all topics economics it's not called the dismal science for nothing and by the time you get to the end of these broadcasts i think you will certainly be convinced that that is the case on the other hand it is probably on a on a at this very moment the most important and the least spoken about topic in real terms we have a government that talks about economic growth we have a government that talks about economic slowdown contraction expansion uh direct foreign direct investment et cetera et cetera et cetera but doesn't seem to understand and never has seemed to understand the basics of what economics actually is and it is the role of an ideological party like the national party in particular to bring a new focus and a new way of looking at all issues that confront the nation and in particular in this case economics now we're not primarily an economic party we're a nationalist party and that's the in that case what we're talking about is that the nation comes first we are not a materialist party we are not devoted to endless capitalist growth nor are we devoted to that marxist notion of class warfare or anything like that but there are the practicalities of life and there are the necessities of life and they come from economics and they come from getting economics right and if you get economics wrong then there isn't a hell of a lot you can do with the other major issues that face a nation because if there's no bread on the table if there's no food for the people to eat literally if there is no economy if there is no functioning way of living then there is no way of living in the broader sense of the world it's dehumanizing to be in extreme poverty and that dehumanization process is also a nationalization process and that's something that although we're not a party that is focused primarily on economics we do have a very firm and important economic agenda to bring before the irish people now as i say this is going to require a series of broadcasts because it is a it's a difficult and a complicated topic and quite a lot of what most of you may regard as economics at the moment is probably not basic enough and this will seem ironic it's probably that basic enough for you to appreciate the underlying facts behind what we are called uh economics in terms of news broadcasts and so forth some of you who are familiar with these topics will find what i am saying over the next while a little bit simplistic because you know it already some of you will find it complex some of you plainly will find it boring but it is important and it most certainly is important that anybody attempting to form a government should in the first instance have a basic understanding of how to run an economy and how to manage an economy and we're going to deal with a few major terms here first of all the first one to be dealt with is of course the great reset now ironically uh in certain sections of the social media circles this is regarded as a conspiracy theory it's regarded as a conspiracy theory despite the fact that it's been talked about by on the mainstream news on several occasions and that there is no doubt whatsoever that we are on the verge of some kind of a great reset now whether you believe that klaus schabb's uh version of great reset the world economic forum at davos whether you believe that bill gates is planning it george soros and so forth is really not the point the point is this is there's going to be a great reset in the economy of the world in general and ireland is going to be deeply affected by that reset because there must be one and there must be one because we are at the dale averaging phase or near the deleveraging phase of a long-term economic debt cycle and that long-term debt cycle has been coming for quite some time now i'll get into explaining what that term means and i'll get into explaining what that leads to in possibly later on in this broadcast or in a future broadcast but what's important to understand at this juncture is that it is no longer a question of whether there will or will not be a reset of some kind there must be because the capitalist system as it's currently constituted has run aground on the question of death and credit and the way in which it is managed and it no longer has the room for the expansion which is always necessary for an economy dependent on capitalist methods or more particularly finance capitalist methods it's not a free productive economy that's what the national party supports but it's monopoly capitalism and that's why it is in the party program as a very firm statement of principle that we are opposed to both state socialism and monopoly capitalism finance capitalism is about to run aground and you could say to a certain extent that the pandemic the so-called pandemic we're currently going through is in fact a part of the process of slowing down the inevitable and creating a scenario in which the powers that be the system if you like believes that it can control this great reset now the long-term debt cycle is not a new thing it's something that occurs every 75 to 100 years and has done so really since credit and debt was created it goes back as far as roman times but globalization has meant that the effects of any kind of such a long-term debt cycle are felt globally at the same time and also the room for maneuver has has has been reduced and although the phrase the great reset is associated with as i said klaus sharp and the world economic forum there has been an attempt at the end of every long-term debt cycle and the recovery from it there has been an attempt to engage in a great reset in an effort to ensure that it would never happen again now we are about to go into the de-leveraging process of one of those long-term debt cycles and i will explain that as i said in great detail what's important to remember here is that when you are watching youtube videos in particular that lay out what the grave reset will be there is a tendency of course uh for conspiracy theorists to engage in this discussion and have a very exact notion of what they believe that the great reset will amount to and be i think it's important to remember that tau shabb and the world economic forum are one of the voices at the table when it comes to what to do about the economic crisis that they know is coming bill gates is one of the voices at the table a very powerful voice because he's a very rich man when they talk about george soros and his involvement in the great reset or in the manipulation of world politics again a man of such great wealth is bound to have a profound effect on the shaping of the world that we live in that's not a conspiracy theory that's just a fact but to take the vision of any given one of these men are to take the vision of any given one of these groups and to say that is the great reset is to miss the obvious point that they are all players in the decision-making process they are not the player there is not a secret cabal if you like that makes the decisions here in fact the documents published by various foundations and so forth are merely contributions to the debate on what to do about the situation that we are in and that we are about to go into so to make predictions about exactly how the great reset will play out is to engage in an area of speculation that i don't intend to engage in except to say that so far what has been placed on the table before us is not the plans of the secret cabal they are quite open about what they want and what they believe that should happen and how they would go about it and there are a variety of contributors to that debate um and of course they are including the issue of whether man-made climate change is is something that can be solved or whether the long-term debt cycle etc etc etc there are multiple issues involved but to get into the idea that some youtuber has the inside story on the imaginations of a secret cabal this is in of itself a nonsense the fact of matter is that everything that is being done is being done very much in the open very much um before the public eye it's just a matter of knowing where to look and it's just a matter of understanding what exactly is going on there is of course also the possibility when we talk about having a great reset that it doesn't have to be schwab's version or bill gates version or george soros's version or any of the number of multi-billionaires that you might speak of that have influence on how this might shape out or that this the current american administration for example or the chinese government or the russian government or the european union [Music] it doesn't have to be their vision that maybe a mix of their visions are the possibility arises and this is what we have to look at the possibility arises that ordinary people banded together properly in a political organization have within their power still to not so much avoid a great reset but to set the actual agenda of what the great reset will mean in terms of what they want now we have heard the phrases built back better and we have heard the phrases that you will own nothing and you will be happy and it is difficult to believe that such a vision is one that would be shared by very many nationalists at least are people who come from the same political ideological circle uh and i ideas that we have but the fact of the matter is that there will be a great marketing exercises undertaken behind this and it will not be presented in the dystopian way in which it may actually play out it will be presented as always as a way forward and a way out of the mess and there will be quite a mess to get away out of so let's begin at the beginning when we talk about economics because most people really they they hear the jargon they gnp gdp gdp per capita income per capita etc etc etc and really the level at which that analysis of economics comes in is much later on you need to understand it at its very basic level and to understand it at its fairly basic level and at the risk of sounding too simplistic is the functioning economy is a functioning series of transactions between people in a monetary form it's that really that simple now it gets extremely complex when you talk about those transactions multiplied by hundreds of thousands hundreds of billions even and the amounts of money involved even if the transaction each individual transaction is in and of itself small that cumulatively speaking we're talking about huge amounts of money did change hands and move on a daily basis but at bases a functioning economy is transactions that take place in a monetary reform a monetary form that is that person one acquires from person two an asset a product a service that they can use receive and receives in return money which is which is their income now that money must come from an income they have received and that income must be received too in the same way by producing a asset a product or providing a service that is the prerequisite of a productive economy on its very basic level and each individual transaction is made up of that basic transfer a monetary transfer on the one hand and a a transfer of an asset or a service or a product on the other hand so we can see when we talk about economic growth that the only possible real economic growth as opposed to made up economic growth has got to be in the form of real products and real products mean real work so anything that stands outside of that anything that produces nothing for example is simply not in fact useful to the economy and must necessarily therefore be somewhat parasitic on the economy so in other words what we're talking about is that income without work is generally speaking almost certainly a parasite on the real economy now that we have to deal with the definition of what we mean by work here the definition of work is anything which is useful to the functioning economy useful to the production of those assets services uh and transactions anything that feeds off that without doing so without making a contribution can be seen as a parasite in that economy now how is that made up in in real terms well it's made up as i said of work and this happens interactively within a functioning economy with a feature that ought to be obvious that productivity is a crucial thing now not productivity necessarily in terms of manual labor but intellectual labor too so this artificial division between manual labor and intellectual labor is is a false dichotomy basically if a person is producing either intellectually or producing manually creating in other words then they are part of the functioning economy the most obvious thing here for example would be that the person who intellectually devised or invented whatever way would describe it the tractor had the result of increasing the productivity of the entire economy and everybody who is engaged in agriculture there are many many more uh examples of that but we don't need to go into them but you can see how intellectual labor fits in to manual labor and and works within the economy that way so that means that economic growth can only be through an increase of productivity if there is no real increase in productivity but there is an increase in the figures for economic growth then you can know for a fact that the figures for economic growth are in some way manipulated or in some way false it is not true for example to say that simply growing gdp growing gnp is real economic growth if the incomes and the productivity of the people within that functioning economy are not increasing in other words if people are not in fact better off we can't really talk about economic growth in any meaningful sense or certainly in the sense that a nationalist would think of it in other words something that is of benefit to the whole community marxism ironically understands that the means of production is the key to the real economy and yet entirely ignores the role of finance capital in the actual running of the economy as we currently have it within a capitalist society and therefore launches its attack against industrial capital which is not at all a negative thing and launches its attack instead on capital in general but in general but also ignoring largely finance capital which is the determinant of the real problem and it's quite extraordinary that we still live in a world where marxist ideas are taken seriously especially since the tone of the remarks they make are about how divisive other groups in particular as they call them the far right are and refuses to recognize that the most divisive ideology on the planet at the moment and the most deliberately divisive ideology on the planet at the moment is in fact marxism whether it comes in the form of socialism or whether it comes in the form of social democracy or whether it calls itself by some other label but it is marxism the idea of equality of outcome not equality of opportunity that results in the division on purpose they call it class warfare and they call it class warfare for a reason there is income division in the world there will always be income division in the world there probably should not be the level of wealth uh bad distribution that there currently is at the moment there should most certainly not be such a weight in favor of the one percent or as it is increasingly becoming the point zero one percent of the population and to that extent the marxists are pointing at a real problem but again pointing at a problem is not the same thing as coming up with a solution and talking about the far right being simplistic when you've missed the point entirely is really just shall we use the phrase too rich talking about division when you're talking about class warfare the only ideology that i am aware of that exists on this planet today which is deliberately homicidal as marxist leninism it is the only ideology which has at the core of not it's how it works its way out but at the core of its actual ideological center on purpose implanted within it the idea of the liquidation of the bourgeoisie which by the way is the middle class not the rich the liquidation of the bourgeoisie is the key task of marxist leninist thought and so therefore they become the only ideology that is actually homicidal on purpose now we are all aware that there are regimes that exist and have existed in the world which in practical terms have ended up being homicidal to one degree or another but nobody can match the sheer number that marxism leninism has basically killed over the 20th century and is still killing into the 21st century what is surprising to most people to realize is that these are not mere accidents and these are not merely failings in the ideology they are built into the system itself they are built in on purpose they are meant to have it the mass killings under stalin would have happened under trotsky where were happening under lenin were happening by the hand of trotsky before he was removed by stalin the mass deaths caused by mao zedong same thing they didn't happen by accident they were part of the ideology they happened under pol pot they happened under ho chi minh they happen under every single radical socialist regime because it's built into the ideology because you have to force equality of outcome and the force equality of outcome means that you must bend the laws of economic nature and depending laws of economic nature you must use coercion and if you're going to use coercion you're going to meet opposition and if you're going to crush that opposition then you have to be prepared to do that violently and the marxists are very very much intent on crushing any opposition violently and that's really what they mean when they say punch a nazi what they actually mean is punch anybody or more precisely kill anybody if we get the opportunity that stands in our way the idea of a classless society on the other hand is the dream of any nationalist that is to say that the most important thing that you can say about yourself as an irish person is that you are in fact irish that whether your income is high or low whether your wealth is high or low is irrelevant or near irrelevant so long as you have enough to get by on and so long as there is a reasonable distribution of the goods of this world among the entire community of the nation that is the nationalist ideal the nationalist ideal does not set people against people does not set native against immigrant it is the regime which has deliberately brought a large number of foreigners into this country for no other reason than the service of international finance capitalism and to keep wage levels down and to keep the economy functioning on this growth path which is artificial because it is not real productive growth it is finance capital growth and it is the growth in profits to pay off loan capital that is what creates a scenario in which people do not have their home in their own homeland and that is the scenario which is bound to lead to division but it's not something we want it's not something we've created and it is something we intend to reverse and we intend to reverse it by non-homicidal means and that's pretty crucial when it comes to the question of marxism versus the so-called nationalist idea is whether there is homicidal intent and there is homicidal intent in marxism but not to go off too much on attention because we are here to talk about economics and marx's this thought is only of marginal use in talking about real economics in the real world we have to get back to the basics of what the economy actually is the creation and exchange of real things and what is the role of credit and debt within the context of that equation of the uh the exchange of real things whether they are services or products and so forth credit is not in and of itself a bad thing theoretically at least it can help the economy to function better by functioning quicker it allows people to borrow ahead and borrow if you like against their future sales on the assumption that their productivity will increase and that they would be it would be easier to pay off the the loan in the long run as their incomes rise but it doesn't take very much thought to realize that that although dead when it involves an interaction between one person and another is it is a is a simple matter and doesn't require for example the the charging of interest and can be a very positive and a good thing is that in reality within the economy lending credit debt is in fact largely speaking done through the lending institutions such as the banks and the credit unions uh the building societies and so forth and that money is paid back at interest and this is crucial because this means money makes money now remember what i said a little bit earlier on of what constitutes an effective functioning economy is real productivity the making of real things the provision of real services but what is the service that is provided exactly by money which is just the means of transactions in being lent out and requiring that sometimes many many times more money be given back in return than was actually borrowed in the first instance certainly if you look at long-term loans and in particular mortgages you will find a scenario in which people very often pay off twice maybe even three times the amount that they originally borrowed and that's allowing for no fluctuation in house prices for no um people to find themselves in in a scenario where they are the value of their house goes down uh or that they are in a negative equity situation i'm not talking about just your average mortgage being paid off in the average way a certain amount of money is barred and sometimes two to three times that amount of money needs to be paid back to a bank or a lending institution so money makes money now that's not a functioning economy because there's no product there's no service and there is nothing created except money and this is where it gets really weird because have you ever asked yourself where the bank gets the money that it lends to you most people i think assume that it comes from deposits that are in people's bank accounts the the you put in money into your savings account and the bank lends that out to other people and charges them interest on it and that's how they make their money in fact the bank does not lend out deposit cash in any significant amount at all it engages in what's known as fractional reserve lending now what does that mean well what it means is when you come in to the bank and ask for a mortgage they create an account for you they create an amount of money they are given the legal right by the central bank to do so to literally create money out of nothing and they put this into an account for you and you transfer the digits in that account to the builder or to the land developer or to whomever you purchase the house from so you have a negative account the builder has a positive account the bank now has a positive account too they have they you as one of their debtors they are your creditor but you are not required just to pay back what they gave you you are required to give get to give back many many times the figure that they gave you and here's the thing is they never gave you any figure in the first place they never gave you any money they never gave you any cash they simply created an account and it all depended on the fact that the house owner or the bill landing the building developer had confidence confidence in the bank that their money in the account would be honored if they were to go in and withdraw it in cash but it is all dependent on the depositor who actually puts real cash into an account it is all dependent on the them putting in enough so that at any given time the bank is in a position to hand out cash to anybody who is a has a positive account that they ask for but what would happen in a situation where the banks every single depositor went in and demanded all the cash that was supposed to be in their accounts all at the same time well the bank would collapse because the money simply isn't there and it's not that it's lent out on deposit it was never lent out on deposit it simply doesn't exist it was created but as a fiat currency under the licensing of the central bank it doesn't exist yet it demands an interest payment on a weekly monthly yearly basis a tribute if you like to capital a tribute to money itself money makes money nothing is produced nothing is created and when the national party talk about when i spoke about it in i broadcast earlier interest debt slavery this is exactly what i'm talking about is the vast majority of people who are in debt in fact spend much of their working lives going to work performing whatever work they do perform whether it's manual intellectual labor or within the service industry many many hours of wages are returned to the bank in interest rates to service the debts that they have acquired rather than to buy any real thing and of course the bank simply created the money in the first instance out literally out of thin air now i used the word confidence a little bit earlier up and confidence is exactly what's required here because it is entirely and completely a con trick it is based on confidence if everybody didn't believe it it wouldn't be so and it couldn't happen 30-year mortgage 20 years of your life at least will be spent paying the interest on the loan 10 years that 30 years will be spent paying off the actual original low that's 20 years of getting up every day as leo racker says early in the morning with the sole purpose of paying interest to a lending institution that created money out of thin air by permission of the central bank and that central bank itself you would assume well the government owns that doesn't it no it doesn't in the united states it's the federal reserve board which is a private company in the european union it's the ecb is the central bank the central bank in ireland is only a subsection of the ecb and takes its orders from the ecb again under no governmental control under no democratic control under no people control and these people also create credit create debt credit create money and they have further the power to actually print cash money which has nothing to back it up again except confidence the confidence that the state will honor annie coin any note that is printed by the central banks and that is distributed through the private banks without this system capitalism does not function now you will understand immediately that that is a parting of ways between productive economics and loan capital parasitic economics which simply feeds off the real work the real productivity and the real efforts of ordinary people to live their lives by charging this enormous burden and to go further than that you have the sovereign debt of all the nations of the world and they too are paying a tribute of interest largely speaking most nation states make no effort whatsoever to pay off the principle and they're never intended to be off the principal the the bank is quite happy are the international financiers are quite happy for you never to pay the principal because the principle was created out of thin air and as soon as it's paid off it disappears just as quickly as it was created what they would prefer is you to remain permanently in debt what they would prefer is for you to remain permanently paying interest interest debt slavery there's no other way to describe it than slavery if you work not for yourself if you work not for your family if you work not for your own benefit or the people that you love and care for but you work instead for the bank of ireland for allied irish bank for the european central bank for 20 30 years of your life for nothing for something that they never gave you and for something that you do not have well that is by anybody's definition slavery if you're lucky you may end up at the end of this time period unless you're uh get into a situation that occurred in 2008 where there was negative equity and houses we are repossessed and are continuing to be repossessed even as we speak if you're lucky you will end up owning an actual home but having paid for five whatever number times uh what that home is actually worth all the rest of it was interest payments all the rest of it was slave work all the rest of it was done at the behest of international finance capital it would be priority number one for any nationalist government seriously interested in the welfare of the people of the nation to in the first instance take back the power of printing the sovereign currency of the nation from private interests return it to the state and the state alone since it is the state which gives value to the currency of the nation then only the state should be given the power to create money is that not obvious it's so obvious you probably thought that's what already happens it isn't the ecb prints money the central banks print money federal reserve prints money and ironically and almost insane situation is that governments borrow their own money their own sovereign power to print money they borrow it instead from the central banks and from lending institutions and hence we have what we call our suffering debt which in our case at this moment is upwards to 250 to 260 billion euro and continuing to rise because of costs associated with the pandemic or the so-called pandemic all to be made very much worse because now with that pandemic the entire productive economy or the great part thereof has for the last 12 months all across the western world been entirely closed down now if you close down the productive economy would you leave the international finance economy running if you leave the debts running if you leave the interest rate running then you leave people worse and worse and worse off deeper and deeper and deeper and get more and more and more in trouble as individuals as communities and as nations first priority first priority of any nationalist government would be to regard not just the bank bailout debts of 2008 as debts that the irish people should not have to repay but any debt which is not part of the principle any debt which farms which is for is formed of and only exists because of interest payments because interest payments are not in fact any obligation whatsoever this is something which western culture and civilization understood for many many centuries and indeed there was a prohibition on it it was called usury the charging of interest and debt was called usury now if you look it up in the dictionary today you will see it's usually described as the excessive charging of interest well i don't know what constitutes an excessive charging of interest i do know that the charging of any interest on money which was simply conjured up out of thin air is a confidence issue and a con trick and this cannot be allowed to continue if we are to solve the problems that this country faces then we are going to have to tackle head-on the issue of capitalism which is to say not as the market is defined as industrial capital now are we to engage in class warfare nor are we to liquidate the bourgeoisie but we definitely need to liquidate the system while whereby which the vast majority of the economy and the vast majority of the efforts and work of the people are devoted to paying tribute service to international finance capital through interest repayments whether those interest repayments are on big loans like mortgages or small loans like holiday loans car loans and so on so forth what will this require well what it'll require in the first instance as i said is that the state and the state alone is allowed to print currency it will also require that the state and the state alone is allowed to provide credit where on a on a large scale is it is involved as opposed to the normal interactions between people but where an any attempt is made to introduce an interest payment on alone that is something that the state cannot permit because that is a parasitic on the life of a functioning economy where which is monetary transactions and serve of real services of real goods of real products and of real assets not manufactured credit or manufactured dead conjured up from thin air now this is unorthodox this is the most unorthodox economic philosophy you're likely to hear in your lifetime and yet it is the one by which we functioned in europe for thousands of years and it is only laterally in the last three to four centurie that capitalism has gone international and then international capitalism has gone global and that game and let's face it it is a game because it is built on confidence which in the shortened version is a con that game is coming to an end as it has come to an end over and over and over again and required a great reset but historically speaking the capitalists have reset it again in a capitalist direction and there has always been room for further growth in terms of the harvesting of the work and labor of others in so far as it had not gone entirely global but they do intend on this occasion to have a different kind of reset because capitalism cannot grow anymore and yet at the same time capitalism requires constant growth after all the payments and the interest must always be made and they must come out of somewhere and since they are a parasite on the actual functioning economy therefore capitalism requires endless and yet impossible growth so there was always and there is always a moment of collapse and restart and reset and it happens to great misery to great poverty and to great suffering to millions and millions of people roughly every 75 to 100 years the last one that we suffered was what we know as the great depression people think of long-term debt cycle deleveraging or depressions as very rare events and indeed they are very rare offense they regard them as almost unique and yet they're not at all because they're built into the nature of capitalism short-term death cycles on the other hand are what we call recessions now you'll ask yourself why is he saying there will definitely be or why is he saying that we are on the verge of a long-term debt cycle deleveraging why aren't we just in another short-term debt cycle that the leveraging which occurs every seven to eight years how does he know this is it pure guesswork is he engaging in the occult is he speculating is he simply giving a guess is he simply creating another conspiracy theory no because in 2008 we went into what appeared at the beginning at least to be a massive recession yes but just a recession and the normal means by which the central banks correct a short-term debt cycle collapse is to reduce interest rates and to engage in what is known as quantitative easing which is basically the printing of money and also occasionally austerity programs they have tried all three mechanisms since 2008 and they have not achieved any significant economic recovery and that's whatever happens every time that a long term the collapse of a long term or the deleveraging of a long-term debt cycle is about to occur it is when the central banks the international finance capital basically uses its most basic economic tools in its kit which is to reduce interest rates to increase money supply and to increase the division of wealth because of course quantitative easing can purchase financial assets but it can't purchase real assets when it gets governments deeper and deeper in debt in trying to maintain just the most basic services to ordinary people and there is no real economic recovery then what is the central bank or what is international finance to do it can't say interest rates lower than zero percent that would make money free and capitalism doesn't work that way it can't print much more money or it'll end up in a hyper inflationary situation well you could say it could engage in austerity the problem with the austerity is that if you cut your spending your spending is somebody else's income and because your spending is somebody else's income that in economic terms also causes contraction all of the normal methods have been tried to get us out of a short-term debt cycle and they have failed and now after 12 months of shutting down the entire world economy for essentially 12 months we are at the point at which the game is up they cannot reduce interest rates further they cannot introduce much more quantitative easing without causing a complete collapse and that is where we're heading is we're heading towards the collapse of capitalism as we have understood it now that is followed usually by a reset this time they're calling it the great reset last time it was the bretton woods conference after the second world war but either way you get a reset so here's the question since we are definitely going to have a reset what kind of reset do we want that's what you need to be asking yourselves as individuals and as political actors and as political organizations the national party is committed to a nationalist economic reset in other words an end to the globalization of the economy an end to the interest rate slavery an end to conjured up fire cake money we want to create a situation in which the state is sovereign again in the creation of the money supply we want that money supply to be backed by real assets and since they cannot be in gold because ireland does not have sufficient quantity of gold the money supply should be decided by the amount of real assets that exist in the economy and money supply therefore should only contract or be expanded based on the backing of real assets interest slavery can be removed entirely from the economy there is no reason why it must exist but that will require the creation of a state bank now that also requires that the state is going to have a huge amount of control in the sense that it will now control what enter private international finance capital controls which is debt and credit which is the primary mover in the economy after productivity that you would say is not a right-wing policy well i don't know if it's a right-wing policy or not i don't give two damns whether it's defined as a right-wing policy or not maybe it's a far right wing policy what i care about is the irish people and what i care about is creating for them an economy that works we need when if but when the private banks again aib bank of ireland and so forth when they all fail that the next time they are not bailed out by our government or indeed any government that they are allowed to go to the wall as free enterprise suggests they should that the control of death and credit within the economy should be a matter for the state to control and that that control be directed towards providing far a free productive enterprise economy in the proper sense of the word in other words the debt credit and so forth be given out by the state by the state bank specifically as a an intermediary and that that should be done so far the benefit of creating a free and functioning economy it can be done there is absolutely no reason that it cannot accept the desire of international finance capital to keep you under their thumb and by the same token to keep all of the nations of the world under their control because nothing controls you more than the debts that you have and even those people who regard themselves as debt free are not really debt free because of course they share in the so-called sovereign debt the debt that the state is supposed to owe to international finance capital it is fake it is fraudulent it is time to expose that fraud it is the great task it is the monumental task of the national party to in this country lead the way in getting peoples understanding of the need to end international finance capitalism to end finance capitalism to end indeed capitalism itself in favor of instead a free productive enterprise economy this is in no way an attack on private property this is in no way an attack on your freedoms to engage in economic activity as you see fit it is in fact the provision of a huge freedom to do so without an interest rate burden to expand the entrepreneurial opportunities that exist in a scenario where there isn't the parasite of international finance capital or for that matter capitalism of any kind whatsoever capital is only one of the means of production and should not be the primary and controlling means of production it's really simple ask and yet it's an ask that hasn't been asked that is our task and that is our purpose in the next broadcast i'm going to explain as best i can what is about to happen to this country in terms of the deleveraging of the long-term death cycle that we are already about to go into and that we cannot avoid this is going to be a very very tough time for this country the question is not whether it can be avoided it is too late to avoid it the question is how do we get out of it the question is what kind of reset are we going to have the national party stands for a free productive enterprise outcome the international finance capitalists intend for essentially an oligarchy of finance to come out at the end of this process it'll finally in the end be up to ordinary people to decide whether they are willing to accept that so we will discuss that in the next broadcast thank you very much for your attention on what is as i say an essentially a dollar subject and if it's been too simplistic or too complex i apologize for that it's the best i can do given that you're all is going to view one way or the other when discussing something like economics thank you for your attention and good night you