Soviet Overseas Trading Company News: August 2008

National Bolshevism

National Bolshevism may be defined as a socialist movement that grounds itself, not in the internationalist, materialist, atheism of Marx, but rather in the traditional culture of the West. The call for the separation of socialism from its Marxist domination was most powerfully made by Oswald Spengler and he remains today the most important thinker of the National Bolshevik tendency. The dominance of Marxist thinking among members of the far left, as well as the acceptance of Marxism as being synonymous with socialism on the part of rightists, has obscured the fact that the genuine interests of the workers, and thus of socialists, might not be synonymous with internationalism, atheism, and social liberalism. In brief, a National Bolshevik program may be summarized as: Dirigism, Autarky, Socialism!

Best National Bolshevik Novels

1] “Gläserne Bienen” ( The Glass Bees) by Ernst Jünger
2] “Kleiner Mann, was nun?” (Little Man, What Now?) by Hans Fallada
3] “In Stahlgewittern” (The Storm of Steel) by Ernst Jünger
4] “Bauern, Bonzen und Bomben” (Farmers, Bombs and Bureaucrats) by Hans Fallada
5] “The Iron Heel” by Jack London
6] “Die Geächteten” (The Outlaws) by Ernst von Salomon
7] “Der Arbeiter, Herrschaft und Gestalt” (The Worker: Dominion and Gestalt) by Ernst Jünger
8] “The Money Changers” by Upton Sinclair
9] “The Pit” Frank Norris
10] "The Camp of the Saints" Jean Raspail

21 August, 2008

Exactly Wrong

This is nothing but wrong-headed horse shit!

We have the financial system of the 1920's since the repeal of all New Deal legislation that formerly protected us.

The Glass-Steagall Act of 1933 which established the Federal Deposit Insurance Corporation (FDIC) and included banking reforms which were designed to control speculation no longer stands. Some provisions such as Regulation Q that allowed the Federal Reserve to regulate interest rates in savings accounts were repealed by the Depository Institutions Deregulation and Monetary Control Act of 1980. Other provisions which prohibit a bank holding company from owning other financial companies were repealed in 1999 by the Gramm-Leach-Bliley Act.

Both the Securities Act of 1933 and the Securities Exchange Act of 1934 which prevented fraud and manipulation of our stock exchanges have largely been dismembered as well.

The Tsunami of financial disaster that is hitting us now would never have been permitted under New Deal legislation — the 1930's Financial System that is being so slanderously maligned here.