Faces Of Foreclosure

The Bankers Manifesto of 1892
Distributed to a private group of elite bankers in June, 1892

The Black Book Adlai Stevenson, Adlai Stevenson II, and Adlai Stevenson III The Black Book is a primary source offering a glimpse into the minute inner workings of American politics over three generations. It began as a binder filled with anecdotes and maxims that county prosecutor, congressman, Assistant Postmaster General, and later U.S. Vice President Adlai E. Stevenson (1835-1914). He was known to jot down his thoughts on anything at hand, even menus, place cards, and napkins. The Black Book continues with writings by Governor Adlai E. Stevenson II (1900-1965) and Senator Adlai E. Stevenson (1930-). The Senator also provides commentary. The result is a treasure trove of insight into the American political machine, flavored with genuine personal convictions; the reader may agree or disagree with the expressed views, but cannot deny their authenticity, refreshing in today’s era of political sound bites and endless power mongering. “My definition of a free society is a society where it is safe to be unpopular. – Adlai II”. June, 2009 The Midwest Book Review

• “We (the bankers) must proceed with caution and guard every move made, for the lower order of the people are already showing signs of restless commotion. Prudence will therefore show a policity of apparently yielding to the popular will until our plans are so far consummated that we can declare our designs without any fear of any organized resistance.
• “The Farmers Alliance and Knights of Labor organizations in the United States should be carefully watched by our trusted men, and we must take immediate steps to control these organizations in our interest or disrupt them.
• “At the coming Omaha Convention to be held July 4, 1892, our men must attend and direct its movement, or else there will be set on foot such antagonism to our designs as may require force to overcome. This at the present time would be premature. We are not yet ready for such a crisis. Capital must protect itself in every possible manner through combination (conspiracy ) and legislation.
• “The courts must be called to our aid, debts must be collected, bonds and mortgages foreclosed as rapidly as possible.
• “When through the process of law, the common people have lost their homes, they will be more tractable and easily governed through the influence of the strong arm of government applied to a central power of imperial wealth under the control of the leading financiers. People without homes will not quarrel with their leaders.
• “History repeats itself in regular cycles. This truth is well known among our
  principal men who are engaged in forming an imperialism of the world. While they are doing this, the people must be kept in a state of political antagonism.
• “The question of tariff reform must be urged through the organization known as the Democratic Party, and the question of protection with the reciprocity must be be forced to view through the Republican Party.
• “By thus dividing voters, we can get them to expend their energies in fighting over questions of no importance to us, except as teachers to the common herd. Thus by discrete action, we can secure all that has been so gererously planned and successfully accomplished.”

The above was reprinted from the book, “Economic Pinch” written by the late Charles A. Lindberg, Sr. which was first published in 1923. The Banker’s Manifesto of June 1892 was not intended for public reading, but was propaganda to hold the big bankers together. Permission was not needed to reprint the above.

The Bankers Manifesto of 1934
Distributed to a private group of elite bankers in 1934

Capital must protect itself in every possible manner through combination and legislation. Debts must be collected, bonds and mortgages foreclosed as rapidly as possible. When through the process of law, the common people have lost their homes, they will be more tractable and easily governed through the influence of the strong arm of government applied to a central power of imperial wealth under the control of the leading financiers. People without homes will not quarrel with their leaders. This is well known among our principal mennow engaged in forming an imperialism of capital to govern the world. “By dividing the people we can get them to expend their energies in fighting over questions of no importance to us, except as teachers to the common herd. Thus by discrete action, we can secure all that has been so generously planned and successfully accomplished.”

The above was printed from the Banker’s Manifestofor private circulation among leader bankers only, taken from the Civil Servants’ yearbook.” The Organizer” of January, and the “New American” of February, 1934.

I know we are being manipulated but I couldn’t figure out why. And here it is:

When through the process of law, the common people have lost their homes, they will be more tractable and easily governed through the influence of the strong arm of government applied to a central power of imperial wealth under the control of the leading financiers. People without homes will not quarrel with their leaders.

That is IT, but now, next question, what is it that they do not want us to quarrel about? Their incomes? The lack of funds behind their incomes? Rising crime in America? What are they controlling us for? Out of habit? Or is there a reason?

This also helps explain the “Forbearance Agreements” being given by lenders to homeowners facing problems: The “Agreements” are unintelligible. I actually wrote to my lender today asking for a translation and although I’m sure it sounds as though I was being sarcastic, I was not. The agreement in the first paragraph is different than that in the second paragraph which is different than anything on the second page, and all is negated by the servicer of the loan writing that the lender (the entitly currently holding the note, whomever that might be) has not agreed to anything, may not agree to anything, and can foreclose on the house at any time without notice.

Tags: Adlai Stevenson, forbearance agreement, The Black Book

This entry was posted on Tuesday, December 22nd, 2009 at 9:06 pm and is filed under in the news, what's going on?. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.