Manipulation of Labor & Industry
It was obvious that the excitement of Mr. Rosenthal was triggered when mention was made of the nation's industry.
"We have been successful in dividing society against itself by pitting labor against management. (The social-labor movement, employing labor unions, a manipulation of wages and prices, and government regulation of business, was the brainchild of Jews such as Karl Marx and Samuel Gompers. The result was a destruction of free enterprise.) This perhaps has been one of our greatest feats, since in reality it is a triangle, though only two points ever seem to occur. In modern industry where exists capital, which force we represent, is the apex. Both management and labor are on the base of this triangle. They continually stand opposed to each other and their attention is never directed to the head of their problem. Management is forced to raise prices since we are ever increasing the cost of capital. Labor must have increasing wages and management must have higher prices, thus creating a vicious cycle. We are never called to task for our role which is the real reason for inflation, since the conflict between management and labor is so severe that neither has time to observe our activities. It is our increase in the cost of capital that causes the inflation cycle. We do not labor or manage, and yet we receive the profits. Through our money manipulation, the capital that we supply industry costs us nothing. Through our national bank, the Federal Reserve, we extend book credit, which we create from nothing, to all local banks who are member banks. They in turn extend book credit to industry. Thus, we do more than God, for all of our wealth is created from nothing. You look shocked! Don't be! It's true, we actually do more than God. With this supposed capital we bring industry, management and labor into our debt, which debt only increases and is never liquidated. Through this continual increase, we are able to pit management against labor so they will never unite and attack us and usher in a debt-free industrial utopia.
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interesting…