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Thursday, 8 November 2012

Ford under fire over grants payment



By Press Association, Nov 6, 2012

Car giant Ford has been criticised for accepting millions of pounds from UK taxpayers in the run-up to announcing the closure of its last British assembly plant, with the loss of 1,400 jobs.

The vehicle manufacturer received cash from the regional growth fund (RGF) to help develop its Dagenham base, and was given an £80 million loan from the European Investment Bank (EIB) for its factory in Turkey, before revealing it would shut its plant at Swaythling in Southampton.

Production of Ford's Transit van will switch from Swaythling to Turkey, having been based in Southampton - the company's last UK vehicle assembly plant - for 40 years.

The Government said the regional growth fund cash helped protect jobs - and argued the money could still have been granted even if ministers knew about the plan to shut Swaythling next July. But Labour's former innovation and skills secretary John Denham, MP for Southampton Itchen, said: "It is extraordinary that a regional growth fund grant was made to Ford without the Government being aware of the wider Ford strategy.
"I think that is a weakness of the regional growth fund compared with the old regional development agency structures, which were much more likely to ensure bits of Government dealing with major companies were aware of the whole of the company's strategy. By dividing the regional growth fund into separate grants, there is no sense of engagement with the company."

Shadow business minister Iain Wright claimed it was a "huge failing of the RGF" that the money was approved without the Government knowing of the company's plans to shut Swaythling.

But Business Minister Michael Fallon claimed the RGF cash would protect hundreds of jobs: "We announced on October 19 our conditional offer of £9.3 million to support Ford's investment of £156 million into Dagenham to build an all-new engine series at the plant. That investment - and it may be of no comfort to those in the Southampton area - will safeguard some 450 jobs and create 50 new jobs while supporting many more in the supply chain and wider economy."

It emerged at the weekend that the EIB loaned Ford £80 million to invest in Turkey as part of its moves to prepare the country's economy for possible European Union membership. The money, part of which came from British taxpayers, was signed off by the EIB, whose governors include Chancellor George Osborne.

Mr Fallon backed the EIB cash, saying the loan was "not based on the cessation of production at Southampton". He added: "It is incorrect to imply the EIB loan is responsible itself for exporting jobs from the UK."

Conservative MP Caroline Nokes (Romsey and Southampton North), who led today's Westminster Hall debate, said the revelation Turkey would benefit from Swaythling's demise sparked concern and anger. She believed the firm had "a moral duty to declare its hand" before applying for cash.

Monday, 8 October 2012

Evangelicals, excluded from proposed Russian religious hatred law, voice displeasure


BY BARRY DUKE – OCTOBER 1, 2012

RUSSIA, increasingly sinking into a mire of religious fervour, is apparently contemplating a new law that would carry a three-year jail sentence for anyone insulting any of the four recognised religions in the country: Russian orthodoxy, Islam, Judaism, and Buddhism.

According to this Persecution Blog report, if such a law is enforced, life will be made intolerable for evangelical Christians.


Wally Kulakoff, a representative of Russian Ministries in Moscow, said that, because the Duma has openly proclaimed that there are only four traditional religions in Russia, Protestants are left out in the cold.

Kulakoff pointed out that evangelical Christians insult many when they say God had a son

He became the Lamb of God who takes away the sins of the world. Islam says that they have a god who does not have a son, and anyone who claims God had a son has no right to live on this earth. Now, who is insulting who

Kulakoff added:

Non-traditional religion in Russia with be chastised, prohibited, [and] will have to go underground. There will be no room for the Protestant church

Russian Ministries School is training next-generation church leaders – young people who are already leaders in their community. If this law is passed and it’s interpreted harshly, Kulakoff says:

Then Russian Ministries’ School Without Walls goes underground and will continue to have an impact, but in another form. Rather than [operating] openly, it’ll be more excluded and secluded.
Kulakoff warned that the proposed law could have far-reaching impact, saying that the greatest insult to the Orthodox Church is to have a Bible translation that they didn’t authorise

That means Russia will say you can only use one Bible …  the more modern, the more contemporary translations will be illegal

[This is clearly a response to the hypocrisy of the west - just a different set of red lines]

Source:- Freethinker/


Monday, 24 September 2012

US debt collectors cash in on $1 trillion in student loans

RT Sunday, 9 September 2012
young people trapped for life

WASHINGTON — Most US college students hope to land a good job with a high salary after graduation. But for some the reality is very different. Many find themselves faced with insurmountable debt — and a loan industry that’s happy to cash in on their misfortune. ­

As the number of people taking out government-backed student loans has soared, so has the number of borrowers who have fallen behind in making payments.

MORE AND MORE SINKING INTO HOLE

Around 5.9 million people nationwide have fallen at least 12 months behind in their payments. This number has grown by a third in the last five years, according to a State Higher Education Finance survey.

Many who can’t repay their loans feel they have no choice but to default. It’s a decision that can be disastrous — ruining a borrower’s credit and increasing the amount they owe. It can also result in penalties of up to 25 per cent of the balance.

SCARY SCENARIO

Despite the scary consequences, young adults across America have chosen to default on their loans. And that decision has resulted in a cat-and-mouse game with the government.

“I keep changing my phone number. In a year, this is probably my fourth phone number,” former student Amanda Cordeiro told the New York Times.

Cordeiro receives up to seven calls a day from debt collectors attempting to recover her $55,000 in overdue student loans. But phone calls are just the beginning.

NO STATUTE OF LIMITATIONS

Since the federal government imposes no statute of limitations for collecting loan repayments, escaping the debt is nearly impossible.

“You are going to pay it, or you are going to die with it,” said John Ulzheimer, president of consumer education at SmartCredit.com.

As America’s poor economy causes companies and small businesses to close their doors, the debt collection industry is booming.

Conserve, a debt collection agency in New York, expects to double its payroll in the next three years.

“There is great opportunity,” the company’s president and founder Mark E. Davitt, told the New York Times.

It’s easy to see where that opportunity comes from.

$1 TRILLION IN OUTSTANDING LOANS

The nationwide student loan balance is more than $1 trillion. It’s a number that makes borrowers cringe.

However, debt collectors are more than grateful for the astronomically high amount of debt among college graduates.

Debt collectors used to receive a steady and reliable income from credit card debt, but the slowing economy has made collection a challenge.

Now, student loans are filling that hole. In fact, many are calling students the “new oil well” for the debt collection industry.

“While the Department of Education debt collection contract has been one of the most highly sought-after contracts within the ARM industry for years, I believe it is now THE most sought-after contract within this industry, centered within the most sought-after market — student loans,” mergers and acquisitions specialist Mark Russell wrote on Insidearm.com.

WIN-WIN SITUATION FOR SOME

It’s a win-win situation for both the government and collection agencies. Government officials estimate they will collect 76 to 82 cents on every dollar of loans made in fiscal 2013 that end up in default. Borrowers then have to pay collection costs, which go straight to the debt agencies.

In addition to the balance, borrowers are charged for collection costs, which go straight to the debt agencies.

The rewards trickle down to other areas, too.

COLLUSION WITH GOVERNMENT

Educational Credit Management Corp. (ECMC), a Minnesota based agency, benefits from its 18-year-old agreement with the US government, according to Bloomberg News.

The company charges fees to borrowers and earns commissions from taxpayers when it collects on defaulted student loans. And the rewards are lucrative.

ECMC’s debt collectors earn financial perks as a reward from extracting money from defaulted borrowers. In 2010, the company’s top performers received bonuses equivalent to as much as 10 times their base salaries, which range from $33,000 to $46,000.

'CLOSEST THING TO DEBTORS' PRISON'

It’s a never-ending cycle between borrower and lender — and the winner is almost always the lender. After all, it’s nearly impossible to hide from the government.

“It’s the closest thing to debtors' prison that there is on this Earth,” former student Patrick Writer said of his federal loan.



Monday, 13 August 2012

Help for Heroes slammed by troops for subsidising building projects rather than helping injured veterans

Mail Online
Charity accused of becoming 'too cosy' with the MoD, and 'wrongly focusing' on veteran recovery centres. It recently spent £20million renovating flagship centre Tedworth House, Wilts, a Grade II-listed building.

A BBC probe unearthed cases of soldiers having to pay for their own physiotherapy and prosthetic limbs.

Mother of double amputee Ben Parkinson, who carried the Olympic torch in Doncaster, said injured soldiers are not always getting the help they need

Injured soldiers and their families last night criticised military charity Help for Heroes for spending millions on care facilities that they say should be funded by the Ministry of Defence.

They said that the charity’s funds should instead be targeted at the veterans themselves to help with practical care.

Help for Heroes is planning to spend £153million on building and servicing five regional MoD Personnel Recovery Centres to provide training and resources to injured servicemen and women.

Mr McBean, 25, who lost an arm and a leg when he stepped on a Taliban landmine and is a Help for Heroes patron, said: ‘Rather than £100million being spent on limbs for every single guy who has been injured, and the future, instead the MoD somehow managed to get all these “Gucci” buildings out of it.’

Diane Dernie, the mother of Lance Bombardier Ben Parkinson – another double amputee – said: ‘We find it difficult to see these buildings, these edifices that are being paid for by charity.

‘If there’s building work, if there’s need for a location then that should be the MoD’s responsibility. Charities should be there, we think, to support the guys, to support the families.’

The criticism was uncovered in an investigation by the BBC’s Newsnight and the Bureau of Investigative Journalism. Many contributors paid tribute to the charity’s ‘good intentions’ but said it was overly reliant on the MoD’s advice on where to spend its funds.

Last night the charity said it was ‘deeply upset’ by the ‘misleading nature’ of the report.
It said: ‘We work closely in partnership with the MoD but continue to drive the agenda and challenge the status quo.
‘We are fiercely independent and, far from getting our orders from the senior officers, we listen to the wounded themselves and then see how best we can support them.
‘We have committed over £121million-worth of support, the largest single contribution in British military history, both directly to individuals and to provide world-class facilities that would not otherwise have existed.’

Newsnight also found that some wounded veterans have complained that following their discharge from the forces they have been denied access to recovery centres, with one ex-Royal Marine corporal saying they felt like a ‘burden’ and had to beg to get what they needed, which they found ‘degrading’.



Libor: An opaque scandal erodes confidence in major banks


Jul 24, 2012 JOHN STODDER, MBJ national affairs correspondent

Last month, one of the biggest financial scandals in history came to light, involving many of the most pre-eminent banks in the world. But public reaction has been so muted that a Los Angeles Times columnist was compelled to ask, “Why aren’t more people furious about the Libor scandal?”

In fact, people are.

The news media soon will be full of stories of outrage concerning the London Interbank Offered Rate (Libor), the daily interest calculation that underlies hundreds of trillions of dollars in loans and option transactions; about how Barclays and other international banks managed to manipulate it to bolster profits and buttress their stock prices, and how the manipulations subverted capitalism, robbed pensioners. Regulators, congressional investigators and plaintiffs’ attorneys are massing around the scandal, ready to attack both banks and U.S. and U.K. bank regulators who, some allege, knew about a persistent pattern of rate manipulation and cartel-like behavior but turned a blind eye.

Treasury Secretary Timothy Geithner, for example, will be grilled about how much he knew about Libor manipulations when he headed the Federal Reserve Bank of New York. According to the Washington Post, the New York Fed had received “occasional anecdotal reports from Barclays of problems with Libor” beginning in 2007, enough that in 2008, Geithner asked British officials whether the rate was being manipulated.

According to numerous media reports, officials in California, Connecticut, Florida, New York and Maryland are looking into possible legal action against the banks, blaming Libor manipulation for higher borrowing costs and lower investment yields that affected public treasuries. Joe Dear, head of the California Public Employee Retirement System, the nation’s biggest public pension fund, which has been beset by falling investment yields since 2008, called for prosecuting bank executives if it is shown that the Libor manipulations affected long-term investors such as pension funds.

Libor, explained

Every weekday morning before 11 a.m. GMT executives at up to 19 large banks, including three U.S.-based banks that participate in the London Interbank money market, provide what the British Bankers’ Association (BBA), which runs the Libor-fixing process, terms its “lowest perceived rate” for inter-bank loans at that moment. It is an estimate of what interest they would be charged that day for unsecured loans from other banks.

The rates are averaged together with the four highest and four lowest figures tossed out. The results are reported as that day’s Libor rates, published by Thomson Reuters.

The Libor rates immediately become that day’s benchmarks for pricing a vast number of loans, securities and derivatives around the world.

Libor affects the health of pension plans and city and state budgets, the profits and losses for derivative traders, and rates for mortgages, student loans, auto loans and small-business lending.

From at least 2005 until 2009, according to investigators for the U.S, U.K. and the European Union, some of the participating banks gamed the Libor rate. When Libor rates rose, consumer and business borrowing became more expensive. When Libor rates fell, investment yields were reduced. When Libor rates were manipulated, there were winners and losers, depending on the direction of the manipulation. What was clearly sacrificed, however, was the integrity of the banking system.

First up, Barclays

Barclays was the first and so far the only bank to admit it manipulated the Libor rate between 2005 and 2009, in a settlement with U.S. and U.K. regulators in June. Its CEO, Robert Diamond, Jr., has resigned despite claiming he knew nothing about the false submissions. The bank has agreed to pay U.K. and U.S. regulators $453 million in civil fines.

Investigators believe it would have been impossible for Barclays to increase its profits and or reduce losses from false reports without acting in collusion with other banks. According to the New York Times’ DealBook, HSBC, Citigroup and JPMorgan Chase are among other Libor-setting banks being investigated. Bloomberg BusinessWeek reports that the EU Competition Commission views the collusion as “a cartel arrangement.” Investigators say two motives influenced Barclays’ manipulation of the Libor rate. E-mails throughout the four-year period show bank traders brazenly requesting bank executives’ help in forestalling an anticipated move in the Libor rate to protect profits from a particular trading position, then thanking those executives, saying things like, “Dude. I owe you big time!”

Then, as the financial crisis of 2007-2008 evolved, the banks had institutional incentives to manipulate the rates. When the Libor rate is published, the individual banks’ submissions are published along with it. The bankers knew that investors, analysts and regulators could use that information to gauge each bank’s financial health during the financial crisis beginning in 2008. Quoting a lower borrowing rate conveyed that the bank had more reserves than it really had, and tended to boost Barclays’ stock price at a time when reserves were thin.

Much still remains to be discovered about both the scandal itself and its effects on the economy, leading into and following the Wall Street collapse. At this point, it is unclear who the winners and losers were, but it is possible that some of the financial institutions preparing to sue for losses will learn, when all the facts are known, that the unplanned effect of Libor manipulation was to improve their financial positions.

The biggest cost to be borne by businesses and investors is arguably going to be destroyed confidence in the banking system, and in the leadership of the major banks. As many commentators have noted, the Barclays’ emails show major, respected institutions infected with greed – a dramatic change from the staid image of bankers as risk-averse professionals who cared about the soundness of their banks above all. The banks were permitted to establish Libor, a crucially important benchmark for capital, without any regulatory oversight only because every financial entity that used Libor as a benchmark for pricing loans assumed the world’s leading bankers could be trusted. That presumption of trustworthiness is gone, but it is uncertain what can replace it. ••• John Stodder is national affairs correspondent for The Mississippi Business Journal. Source article:- MBJ Business blog

Friday, 10 August 2012

UK trade deficit hits record high as exports sink


BRITAIN’S trade deficit hit a record high in June, as exports tumbled during a month in which economic activity was disturbed by the Queen’s Jubilee. The trade gap widened to £4.3bn in June, up from £2.7bn in May, as shipments of goods collapsed by 8.4 per cent. Exports of services rose 1.7 per cent, failing to offset the slump in goods shipments. Services produced a surplus of £5.8bn, while the trade in goods registered £10.1bn shortfall. The Office for National Statistics (ONS) said June was affected by May’s bank holiday being moved back a month, coupled with events surrounding the Queen’s Jubilee. For the second quarter, exports fell 3.3 per cent from their level a quarter earlier (excluding oil and erratic items). Imports slipped by 0.5 per cent in the second quarter, suggesting that economic troubles are taking their toll on trade. “Looking through the monthly volatility, it is clear that the Eurozone woes are having a major impact on our exporters,” said Mark Gregory, Ernst & Young’s chief economist. “Export volumes to EU countries fell by 3.7 per cent in the three months to June, in contrast to a fall of 2.4 per cent to non-EU countries.” Exports to France crashed by £269m in June, by £233m to the Netherlands, and by over £100m to both Italy and Spain. Bucking the trend, exports to Germany rose by £109m. “In the short-term the outlook for exports remains fragile,” Gregory added.
Source Article:- City AM

Tuesday, 7 August 2012

Through the Ages


Alfred Rosenberg
The Track of the Jew through the Ages
Translated with Notes and Introduction by Alexander Jacob
Historical Review Press, 2012


English language translations of any of Alfred Rosenberg’s works are going to be of value to scholars and laymen with an interest in the Third Reich or the philosophy of National Socialism. This volume is of particular interest because it is Rosenberg’s first published work as a refugee from Bolshevism, who fled his native Estonia to Germany, having seen a great deal of the excesses of the Jewish champions of the Russian proletariat.

This adds significantly to the small corpus of Rosenberg literature available in English. Other volumes available from Historical Review Press, are: Alfred Rosenberg’s Political Essays (also translated by Dr. Jacob); and his philosophical magnum opus, The Myth of the Twentieth Century. Dr. James B. Whisker’s The Philosophy of Alfred Rosenberg was published by Noontide Press in 1990 and has valuable material particularly on Rosenberg’s religious world-view. Selected Writings of Alfred Rosenberg, part of the “Roots of the Right” series (London: Jonathan Cape, 1971) has a collection of essays on religion, history, culture, race, Jews, and Rosenberg’s State-conception. The Memoirs of Alfred Rosenberg is worth reading, written while awaiting lynching at Nuremberg for thought-crime. This can be read online at:

http://archive.org/details/NoneRosenbergMemoirs

Another good source, Barbara Lane and Leila Rupp’s translations in Nazi Ideology Before 1933: A Documentation (Manchester: Manchester University Press, 1978), includes articles by Rosenberg on “The Russian Jewish Revolution” (1919), “The Protocols of the Elders of Zion and Jewish World Policy,” an extract from a 1923 book on The Protocols; and “The Folkish Idea of State,” an extract from a 1924 book by Rosenberg.

From a historical perspective The Track of the Jews shows the sources from which Rosenberg derived his ideological anti-Semitism: his encounter with Jewish Bolsheviks in Russia. Dr. Jacob states that Rosenberg was already in Germany in 1918 and had joined the German Workers Party in 1919, several months prior to Hitler.

At 26, Rosenberg’s mentor in Germany was the well-known dramatist Dietrich Eckart, who was also to mentor Hitler. Rosenberg’s first work as a writer and editor was for Eckart’s periodical, Auf gut Deutsch, then for the NSDAP newspaper Münchener Beobachter, purchased by the party from the Thule Society in 1920. After Eckart’s death in 1923, Rosenberg assumed an editorial role (Jacob, p. i.).

In 1933, Rosenberg became head of the foreign political department of the party and in 1934 headed philosophical education within the NSDAP. In 1941, with the invasion of the USSR, he was appointed Minister for the Occupied Eastern Territories. (Jacob, p. ii.), and was to take fatal responsibility — at Nuremberg — for the half-witted Slavophobic policy of the Third Reich in the Eastern Territories, despite his resistance to it.

Despite the ministerial appointments and party roles, Rosenberg, I think it fair to say, was one of those sincere idealists, like the economist Gottfried Feder and the agricultural minister Walther Darré, who was sidelined in favour of careerists, opportunists, and functionaries. However, like Julius Streicher, who welded little or no influence under the Third Reich, Rosenberg’s reputation as the NSDAP philosopher alone would have assured his lynching at Purim 1946 (as Streicher described it). His own disillusionment with the way National Socialism was applied under the Third Reich, with the ascendancy of opportunists, is recounted in his memoirs.

What, however, of the content of The Track of the Jew? At first glance one might get the impression that it is standard anti-Semitic fare and has nothing to say other than what is repeated over the Internet a million times and often in maniacal ways. However, Rosenberg applies his scholarly discipline to present a volume that is thoroughly documented, not overstated, not fanatical in presentation, drawing mainly from Jewish sources. This is augmented by Dr. Jacob’s many footnotes, accompanying those of Rosenberg, that explain the significance of each personality.

Rosenberg states that Jews are a race, and he concedes no positive traits them. He establishes a dichotomy between the Germanic and the Semitic that is metaphysical and biological. The Jews are Semites, and their religious fanaticism and intolerance is a reflection of the Semitic race, which includes the Arabs and Islam.

Much of the volume is devoted to a study of the Jewish religion, especially the Talmud. Rosenberg frequently reminds his readers that the Jew is not the product of the Talmud, but vice-versa. The Talmud is examined under the heading “The Jewish Mind.” Rosenberg carefully documents a bizarre penchant for hair-splitting over doctrinal details, which brings to mind Marxist doctrinal interpretation. In the past, such discussions were indignantly denounced as “anti-Semitic lies” about Judaism. Now we have books by heretical Jews such as Dr. Israel Shahak (Jewish History, Jewish Religion, and Jewish Fundamentalism in Israel) and Evelyn Kaye (The Hole in the Sheet) that confirm these claims.

Of particular interest are the details on usury. Jews were not only welcomed into states throughout history but were accorded privileges under law far above those of Christian subjects. Jews were granted the rights to be judged under their own laws by their own authorities, even to the point of exempting them from Christian judgements and testimony. According to Rosenberg, usury, privileges, the crass display of wealth, and undisguised hatred of Christ were the causes of anti-Semitism. These contentions broadly align with what the Jewish writer Bernard Lazare stated a few decades earlier his book Antisemitism.

One learns, for example, that Jews were originally permitted membership in the craft guilds, and much effort was made by Christian rulers to assist the Jews into taking up crafts and agriculture, with little success. Eventually they even started giving up haggling in the markets and focused on usury. The many laws that were passed against this parasitism were of little avail, and the princes and bishops found themselves in hock to Jewish money-lenders, who were so arrogant as to enter churches during communion to collect their interest.

In France under Louis IX, interest rates were set, for example, at 40%. However, such laws were circumvented. (Rosenberg, p. 78). Under Charles VII (1388) they had been permitted to take 80% at compound interest. “And when a loud murmuring went through the people, the king passed an edict according to which the Jews were protected from all complaints for ten years” (Rosenberg, p. 80). In 1394 an incident, which Rosenberg states was of itself unimportant, sparked a reaction against Jewish usury, and they were driven out of France (Rosenberg, p. 81).

The revelations regarding the character of the Talmud were primarily from Jewish converts to Christianity. However, Rosenberg states that even here the intolerance of the Jewish character was merely grafted onto the Church, and the most fanatical Inquisitors were Jewish converts. This reflects Rosenberg’s sympathy for heretical Christian sects, discussed in more detail in Dr. Whisker’s Philosophy of Alfred Rosenberg, and his anti-Catholicism, despite the Church being the primary — albeit often insufficient — bastion against Judaization.

However, Rosenberg alludes in the Track of the Jew to the thoroughly non-Jewish person and doctrine of Christ, and the demand that the New Testament must be divorced from the Old. He documents the Talmudic teachings that Christ was the son of a whore who is in hell stuck in excrement, and so forth. If read elsewhere, one would assume them to be the rantings of a Satanist. Again, there is no serious doubt as to the authenticity of these teachings among Orthodox Jewry.

Rosenberg devotes a great deal of attention to Freemasonry. The cosmopolitan doctrines of Masonry were inherently at odds with National Socialism or any doctrine that upholds national values. It was the largely Masonic revolution in France that opened the doors to Jews that had been closed since their excesses in Medieval times. Jews entered Masonry like they were soon to enter the socialist movements. Whether Masonry is nothing more than a Jewish tool is another matter. However, Masonic doctrines were certainly well-adapted to subverting traditional societies in favor of the new dispensation under which live today, and Jews used Masonry to great advantage. Masonry and the revolutionary movement converged in the French Revolution, then in the Young Europe movement of Mazzini et al. (Rosenberg, p. 112). (A more specific account of Masonry’s role in Marxism, including Marx’s own Masonic affiliations, is a matter documented by this reviewer in a forthcoming Arktos book.)

Rosenberg’s account of Adolph Cremieux’s Alliance Universlle Israélite as an example of Jewish philanthropy as a political force (p. 116) would have benefitted from a discussion of The Protocols of Zion, which is not mentioned at all in The Track of the Jews. Rosenberg would have known of The Protocols at this time, as they had been introduced to Germany by Russian émigrés in 1918. However, they were not published in a German edition until 1920. Rosenberg did devote a book to the subject in 1923. (To digress somewhat, despite the offhanded way by which The Protocols are dismissed as a “Czarist forgery,” under other circumstances an anonymous letter to the London Times would not be sufficient to “prove” anything. If The Protocols are similar to a satirical work by the French propagandist Joly, then perhaps this is because Joly was a protégée of Cremieux, who was not only head of the Alliance Universlle Israélite, but of Grand Orient Masonry and other Orders linked to Martinism and the Illuminati.)

Zionism is discussed only briefly by Rosenberg (pp. 128–35), as is the Bolshevik Revolution (pp. 135–44). Perhaps, however, like The Protocols of Zion, Rosenberg thought that extended discussions of such subjects were best left for other times and places. What is surprising is that Rosenberg grants nothing positive to Czarism, and feels that revolution against the Czar was justified, albeit a calamity because it had been taken over by Jewish interests. Jewry at the time had no greater enemies than the Church and the Czar, and the latter was — and continues to be — vilified by sources that, in the English-speaking world, began with Jacob Schiff funding of an American journalist, George Kennan, to do a popular hatchet job on Czarism.

Rosenberg concludes the volume with a philosophical or, better yet, a metaphysical discussion of the gulf between the Jewish and the German mentalities and how this manifests in culture. He focuses for this purpose on a critical evaluation of Heinrich Heine.

In conclusion Rosenberg makes some recommendations on how to deal with the “Jewish problem.”

Rosenberg urges attacking the economic roots of Jewish power: :

The goals are clear, now briefly the means: Economically the Jew has acquired power through interests, usury, money. Earlier, directly, now through banks and stock-exchanges. The breaking of the finance slavery, a means that has not succeeded for so long, is sounded today again as a battle cry. If this could be achieved even only partially the axe would have been laid to the life-tree of the Jew. (Rosenberg, pp. 188–89)

Rosenberg also recommends denying Jews citizenship and civil rights in their host countries. He insists, however, on a distinction between “human rights” and “civil rights.” Much of what he recommends involves the abrogation of the “civil rights” of the Jews in Germany, while insisting that their “human rights” — namely the right to life – should be maintained, should they choose to remain in a state where all influence will be denied to them.

For Rosenberg, the ultimate solution to the Jewish Question is Zionism: “Zionism must be actively supported” to transport “a certain number of German Jews” to Palestine (Rosenberg, p. 189). Whether Rosenberg supported a Jewish state within Palestine, a Jewish-dominated Palestine as per present day Israel, or some other arrangement, is not stated. Whatever the case, he shows little sympathy to the Jews’ fellow Semites. Thus on Rosenberg’s account, German Nazism had much in common Jewish Nazism (Zionism).

Kerry Bolton

http://www.counter-currents.com/2012/08/through-the-ages/#more-29481