Today in Fascism

What McKinley Understood That Morgan Could Not Afford

McKinley’s argument was not complicated. It was structural. Built from the ground up the same way he built everything else. From the facts in front of him.

He had watched his father work blast furnaces. He had grown up in working-class Ohio towns. He had seen what happened to working people when foreign competition undercut American wages. He had defended the miners who could not afford a lawyer.

He understood something that took him twenty years in Congress to build into policy. A government funded by tariffs on foreign trade does not need to borrow from private banks. A workforce protected from foreign wage competition has leverage against the men who own the factories. Those two things connected directly. Tariffs were not just economic policy. They were the mechanism that kept both the government and the worker independent of the men who controlled capital.

He said it himself, documented in the Ohio History Journal archives: tariff protection “encourages the development of skill, labor, and inventive genius as part of the great productive forces.” He was not quoting theory. He was reading wage data.

Between 1897 and 1901, manufacturing output in the United States increased 50 percent. Real wages for manufacturing workers rose 1.5 percent annually. Outpacing every decade before. Unskilled laborers saw hourly pay climb from 15 cents to nearly 20 cents by 1900. A 33 percent nominal increase in three years. Annual earnings for industrial workers hit $437 by 1900, up from $380 in 1897.

Those numbers came from the Dingley Tariff Act of 1897. The highest protective tariff in American history. Signed by McKinley seven months into his first term.

750,000 people made the pilgrimage to Canton, Ohio to hear McKinley speak from his front porch. Not to a rally. Not to a convention. His house. Factory workers. Miners. Tradesmen. Farmers. They came because they felt it. More money in their pockets. More stability in their lives. A government that paid for itself through trade instead of taxing their labor or borrowing from bankers.

And the women came too. Women who had no vote. Who could not go to the polls. Who made the trip to Canton anyway. Because the tariff system showed up in their household budgets before it showed up in any newspaper. More money meant food. Stability meant their children had shoes. They felt McKinley’s system at the kitchen table before any economist published a paper about it. A man whose economic policy was so visibly working for working families that women without voting rights walked to his front porch to show their support. That is not a footnote. That is the human proof that the system was real.

Labor and capital both supported his tariff system. Because it worked for both simultaneously.



Now look at who is reading this right now.

You are working harder than your grandfather did. You have less to show for it. Your grandfather had a pension. You have a 401k that moves with a market you do not control. Your grandfather’s factory job paid enough to own a house and raise a family on one income. You need two incomes and still cannot afford a house in the city where you work. Your grandfather’s dollar bought more every decade. Yours buys less every year.

That is not an accident. That is 112 years of architecture working exactly as designed.

McKinley’s tariff system was on a trajectory. Wages rising. Manufacturing expanding. Government surplus. No income tax on your labor. No private banking system controlling the money supply. That trajectory was pointing toward you. Toward the life your grandfather had. Toward the life that was possible when the government worked for the people who built it.

One bullet in Buffalo redirected that trajectory. Toward Wall Street. Away from Canton. Away from the kitchen table where the women were already counting what McKinley’s system had put there.

That is what Morgan needed to end.

Not just McKinley the man. The proof that his system worked. And the direction that proof was pointing.
 

The Fight Is 235 Years Old

This fight did not start with McKinley. It started with the first Secretary of the Treasury in 1789.

Alexander Hamilton understood what McKinley would still be saying 110 years later. Political independence without economic independence is theater. You can wave your flag all you want. If your money is controlled by someone else your freedom is an illusion. Hamilton built the First Bank of the United States. He pushed for protective tariffs on foreign manufactured goods. He wrote in his Report on Manufactures that America needed to make its own goods or remain a colony in everything but name.

His argument and McKinley’s argument are the same argument separated by a century. Hamilton said America cannot be economically free if it depends on British manufactured goods. McKinley said America cannot be economically free if it depends on private banking debt. Same root. Same fight. Same enemies. Because the enemies were the same people.




Aaron Burr shot Hamilton in 1804. Burr had spent his Senate career opposing Hamilton’s financial system. The same financial system that kept America independent from London capital. The First Bank expired in 1811. Three years after the bullet. The British financial network that had never accepted American economic independence outlasted the man who designed it.

McKinley picked up the same argument in 1876 as a congressman from Ohio. Same fight. Same enemies. Different century. Different bullet.

When JP Morgan sat at Jekyll Island in 1910 designing the Federal Reserve on the Bank of England model, he was finishing what the British financial network started the morning Aaron Burr pulled the trigger on Alexander Hamilton.

The fight is 235 years old.

They have been winning it since 1804.
 

The Chain Nobody Teaches

JP Morgan did not build his financial empire from nothing. He inherited it. From a network that ran directly through London. To the heart of British financial power. To the institution that had been trying to control American money since before the Revolution.

Here is the chain. Fact by fact.

George Peabody. Born in Massachusetts in 1795. Moved to London in 1835. Set up George Peabody and Company. The firm that became the foundation of what eventually became JP Morgan and Company, JPMorgan Chase, Morgan Stanley, and Morgan Grenfell. JPMorgan Chase confirmed this in its own 2021 published records: “J. Pierpont Morgan, Sr. was associated with George Peabody & Company and J.S. Morgan & Company before he founded Drexel Morgan & Company, which ultimately became part of JPMorgan Chase.”

That is not a conspiracy theory. That is the bank’s own statement about its own origins.

Now here is what the bank does not advertise.

When George Peabody arrived in London in 1835, he was a man of modest means operating in the most powerful financial city on earth. London was not just the financial capital of Britain. It was the financial capital of the world. The Rothschilds and Barings sat at the top of that world like kings. As one observer recorded at the time, to be asked for lunch was like being received in audience by a king.

Shortly after Peabody arrived, he was summoned to an audience with Baron Nathan Mayer Rothschild. Not invited. Summoned. Rothschild made Peabody a proposition. Rothschild would bankroll Peabody’s social life. The dinners. The entertainments. The lavish hosting that opened doors in London. And Peabody would serve as Rothschild’s acceptable American face. The London aristocracy disliked Rothschild. They would not dislike a charming American patriot who threw magnificent Fourth of July dinners celebrating independence.


Every drop of wine at those dinners was paid for by Rothschild. Every guest who drank it and laughed at Rothschild’s manners was drinking Rothschild’s money without knowing it.

George Peabody became the most popular American in London. Freeman of the City of London. Queen Victoria’s favorite American. There is no statue of George Peabody on Wall Street. There is one in London. Directly opposite the Bank of England.

By 1861, Peabody was the largest trader of American securities in the world. Operating with 500,000 pounds sterling of capital. Rothschild capital behind the scenes.

In 1854, Peabody took on a partner. Junius Spencer Morgan. Father of John Pierpont Morgan. The firm became Peabody, Morgan and Company. When Peabody retired in 1864 it became JS Morgan and Company. Junius ran London. His son JP worked as the New York representative of a London firm. Learning the business as his father’s American agent. For fourteen years. Before he ever ran anything independently.

In 1873, JP Morgan coordinated with the Rothschilds to supply gold to the US Treasury during the Panic of 1873. The Library of Congress documents this directly. Morgan and the Rothschilds. Working together. Stabilizing American finance. On their terms.

In 1895, with the US Treasury nearly depleted of gold reserves, Morgan demanded a meeting with President Cleveland. He told the president the United States could default that day. Then he used a Civil War statute to arrange for Morgan and the Rothschilds to sell 3.5 million ounces of gold directly to the US Treasury in exchange for a 30-year bond issue. The government of the United States borrowed from Morgan and Rothschild to survive. On their terms. At their price.



A congressman said it in 1833. He was still right in 1895. “The barometer of the American money market hangs up at the stock exchange in London.”

During the 1907 Panic, when Morgan stepped in as the rescuer of the American financial system, Lord Rothschild sent word from London. The New York Times recorded it on October 26, 1907. Rothschild said Morgan was “worthy of his reputation as a great financier and a man of wonders.” Researchers at the time noted this was the only instance ever recorded of a Rothschild publicly praising a banker outside his own family.

The only one.

The man who rescued America from financial panic was praised by the London banking dynasty that had funded his predecessor, trained his father, and worked alongside his firm for decades.

That is not the story of an American banker who happened to do business with British capital. That is the story of a British financial network operating through an American face. The same technique Rothschild used with Peabody. Applied again. Scaled up. Taken all the way to the Federal Reserve.

McKinley’s tariff system was what stood between that network and the American government. A government that funded itself through trade did not need Morgan. Did not need Rothschild. Did not need London.

That is why McKinley had to be removed.
 
The impending demise of 60 Minutes is of compelling interest to all Americans (and to the rest of the world, for that matter). Dismissing it as "dirty employment laundry" shows your bias.
It is not compelling. 60 minutes has been a leftist echo chamber for decades. When you do not play it straight you lose the trust of the people...except those like you who prefer to be spoon fed the latest leftist talking point.
 
It is not compelling. 60 minutes has been a leftist echo chamber for decades. When you do not play it straight you lose the trust of the people...except those like you who prefer to be spoon fed the latest leftist talking point.
I haven't watched it in years. Many others have though -- the ratings for the show have continued to be strong. I wonder if the Ellison family is willing to liquidate their best asset (CBS in general) just to have the opportunity to kiss ass in the Oval Office.
 
I haven't watched it in years. Many others have though -- the ratings for the show have continued to be strong. I wonder if the Ellison family is willing to liquidate their best asset (CBS in general) just to have the opportunity to kiss ass in the Oval Office.
60 minutes may start really making money once you get rid of the leftist bias. If they produce a straight news show they will bring in the audiences they have lost.
 
I haven't watched it in years. Many others have though -- the ratings for the show have continued to be strong. I wonder if the Ellison family is willing to liquidate their best asset (CBS in general) just to have the opportunity to kiss ass in the Oval Office.
Interviews: The show's viewership can spike significantly based on high-profile interviews. For example, a recent high-profile interview with President Donald Trump brought in 14 million viewers, making it the highest single-day total for the program in several years.

Why wouldn't they kiss the Oval offices ass.
 
THAT SEEMS LIKE A LOT: Judicial Watch Sues California to Clean Up 873,000 Inactive Voter Registrations on Rolls. “Under the National Voter Registration Act of 1993 (NVRA), states are required to make reasonable efforts to remove ineligible voters from the voter rolls, including those who have died or moved. The lawsuit also alleges, again citing admissions by California officials, that the state takes no effective action to require counties to comply with the NVRA. As a result, they do not comply.”

The counties don’t want to comply and Sacramento doesn’t want them to comply, which tells you there’s a reason nobody wants to comply.


CA mails out ballots to all registered voters. So at a min there are almost 900k extra ballots floating around during election season. Corrupt? Yep.
 
I'm waiting for the impending demise of "The View."
Wait, what? Did their backstage catering get cut off?

All kidding aside, they're not a news show so their entitled to their opinions. The fact that their as stupid as shit also provides fodder to a lot of conservative commentators. They do infect the minds of the unemployed who have nothing to do during the day and the pampered women with white guilt that like to virtue signal for "marginalize" groups that they have no relationship to. In the spirit of full disclosure my wife does record and watch the View on occasion, mostly for the drama. Sometimes I will hate watch it with her before I get kicked out of the room for my running commentary.
 
It is not compelling. 60 minutes has been a leftist echo chamber for decades. When you do not play it straight you lose the trust of the people...except those like you who prefer to be spoon fed the latest leftist talking point.
60 minutes may start really making money once you get rid of the leftist bias. If they produce a straight news show they will bring in the audiences they have lost.
On occasion they have some good segments. Like this segment on Palmer Luckey. Only 33 and a genius.
 

The Panic They Manufactured. The Hero They Created.

Within months of taking office, Roosevelt activated the Sherman Antitrust Act. A law that had sat unused since 1890. He went after Northern Securities, a massive railroad holding company built by Morgan’s partner Edward Harriman. He went after Rockefeller’s Standard Oil.

Notice who he targeted.
Rockefeller. Harriman. Morgan’s competitors.

Notice who he negotiated with. Morgan walked into the White House personally after the Northern Securities suit was filed and told Roosevelt: “If we have done anything wrong, send your man to my man and they can fix it up.” Morgan walked in expecting to negotiate as an equal. Because in his world he was one.

Morgan then funded Roosevelt’s 1904 campaign. After Roosevelt used government power against Morgan’s competitors.



In October 1907, the United States experienced a financial catastrophe. University of Mississippi economic research using JP Morgan and Company’s own internal Syndicate Books found that Morgan decided which institutions to rescue and which to let fail based on their prior relationship with his syndicate. The single institution he denied aid to was the Knickerbocker Trust. The one he had already signaled was insolvent by announcing his firm would not serve as its clearing house. When that announcement landed, depositors ran. The Knickerbocker collapsed. The panic spread.

Morgan then rode in to save the country. He convened New York’s bankers in his private library. He decided who survived and who did not.

Lord Rothschild praised him from London. The New York Times called him a hero.

The Pujo Committee congressional investigation in 1913 found unanimously that Morgan had gained consolidated control of numerous American industries through abuse of the public trust.

The public demanded reform. The reform they got was the Federal Reserve. Which Morgan’s network had already designed at Jekyll Island three years before the committee finished its investigation.

The problem produced the demand. The demand produced the solution. The solution was the problem wearing a government uniform.
 
THAT SEEMS LIKE A LOT: Judicial Watch Sues California to Clean Up 873,000 Inactive Voter Registrations on Rolls. “Under the National Voter Registration Act of 1993 (NVRA), states are required to make reasonable efforts to remove ineligible voters from the voter rolls, including those who have died or moved. The lawsuit also alleges, again citing admissions by California officials, that the state takes no effective action to require counties to comply with the NVRA. As a result, they do not comply.”

The counties don’t want to comply and Sacramento doesn’t want them to comply, which tells you there’s a reason nobody wants to comply.


CA mails out ballots to all registered voters. So at a min there are almost 900k extra ballots floating around during election season. Corrupt? Yep.
As of now only 56% of the votes have been counted in California for Governor. Pathetic. Just a reminder that Florida gets 99% of its votes counted with a few hours of polls closing.

Screenshot 2026-06-04 121340.jpg
 
As of now only 56% of the votes have been counted in California for Governor. Pathetic. Just a reminder that Florida gets 99% of its votes counted with a few hours of polls closing.

View attachment 38835

It is not that CA cannot get the count down fast...it is that they do not want to. Gives them time to put in the fix. CA over the years has increasingly stretched out the process.

Other countries....
Spain with 49 million gets results within 24 hours.

Japan has a population of 123 million.

National Elections​


For elections to the National Diet:
  • Polls typically close at 8:00 PM local time.
  • Major television networks begin projecting winners within minutes based on exit polls and early counts.
  • Most races are effectively decided by late evening.
  • Official vote counts are usually completed overnight or by the following morning.
In recent elections for the House of Representatives of Japan and the House of Councillors:
  • Exit-poll projections are often available by 8:00–8:15 PM.
  • A large majority of winners are known before midnight.
  • Final official tallies are generally available by the next day.
So while complete certification takes longer, Japan usually knows the outcome of national elections within a few hours after polls close, and official counts are largely finished by the next morning.
 

1913: The Year They Finished What the Bullet Started​

One year. Three moves.​


The Federal Reserve Act. December 23, 1913. Signed by Woodrow Wilson. Modeled explicitly on the Bank of England. The men who designed it studied the Bank of England in Europe as their template. Benjamin Strong, Morgan’s man, became the first governor of the New York Federal Reserve Bank. The most powerful branch in the system.

The 16th Amendment. February 3, 1913. The federal income tax. For the first time in American history the government could tax the labor of its citizens directly. Without apportionment. Without limit. The mechanism that made the tariff system necessary was gone. The government no longer had to fund itself through trade. Now it could tax workers and borrow from bankers.

The Underwood Tariff Act. October 3, 1913. The first major tariff reduction since before the Civil War. The rates McKinley built to protect American wages were cut.

Before 1913 the federal government funded itself through tariffs on foreign trade. American workers paid no income tax. The government borrowed from no private banking system. It ran surpluses.

After 1913 the federal government funded itself through income taxes and debt issued through a private banking system built by the men who spent forty years trying to replace the tariff system. American workers paid income tax. The government became permanently dependent on the Federal Reserve’s debt mechanism. Tariff revenue collapsed from the primary source of government income to less than 2 percent of federal revenue by the end of World War II.

The man they chose to sign all three was Woodrow Wilson.

Wilson was a Princeton academic. President of Princeton University before he became Governor of New Jersey in 1910. He had never held elected office before that. No political debts. No existing power base. No network of his own. The perfect instrument for men who needed someone to deliver a legislative package without fully understanding what he was delivering.

The 1912 election was not an election. It was a controlled demolition.

William Howard Taft was the sitting Republican president. He was blocking the banking reform bill. He had to be removed. But the Democratic candidate could not be allowed to win on genuine populist strength because the Democratic base at that moment was Bryan’s base and Bryan had spent his entire career fighting the banking network. A genuine populist winning the White House in 1912 would have been a disaster for Jekyll Island’s blueprint.

So they funded Theodore Roosevelt’s third party run. The Progressive Party. The Bull Moose campaign. Roosevelt split the Republican vote exactly as needed. Taft received 23 percent of the popular vote. Roosevelt received 27 percent. Wilson won with 42 percent. A minority president installed by a manufactured division in the opposition.

Morgan’s network backed Wilson. The same men who wrote the Federal Reserve bill at Jekyll Island two years earlier backed the man who would sign it into law.

Wilson signed the Federal Reserve Act on December 23 1913. He signed the income tax amendment. He signed the Underwood Tariff that dismantled McKinley’s rates.

Then toward the end of his life Wilson said he had unwittingly ruined his country. That he had delivered the control of American credit to a small group of dominant men. That a great industrial nation was now controlled by its system of credit and the growth and activities of the nation were in the hands of a few men who chilled and checked and destroyed genuine economic freedom.

He figured it out after he signed it.

That is why he was chosen. You do not use someone who knows what they are doing. You use someone who believes they are doing good. Wilson believed he was reforming the banking system. He believed the Federal Reserve was protecting the public from the Morgan network. He signed the law Morgan’s partners wrote while believing he was fighting Morgan.

The instrument does not need to know it is the instrument.

That is not a chain of coincidences. That is a plan executed across twelve years starting from one bullet in Buffalo.
 
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