The Madoff Affair: A Guide to
the Perplexed Antisemite
By Israel Shamir
The
thinking-man’s antisemite would be baffled what to make out
of Madoff Affair. Should he
rejoice or bewail? If you read Jewish newspapers, you’d
think that “antisemites” - the vast majority of mankind,
according to
Jewish sources (“scratch a goy and you'll find an
anti-Semite”) – should be bursting with joy.
Bradley Burston enthused in
Haaretz: “For
the true anti-Semite, Christmas came early this year. The
anti-Semite's new Santa is Bernard
Madoff. The answer to every
Jew-hater's wish list. The Aryan Nation at its most
delusional couldn't have come up with anything to rival
this”. He is echoed by the execrable
Lipstadt: “He is an
antisemite's dream. The worst of
them could not have dreamt up such a story.” And the
ADL confirms: “We expect the antisemites to have a field
day. They will exploit it."
One would think
that Jewish mega-cheats are a rare species, like white
ravens. This is hardly the case.
Dr. William Pierce made his valuable
observation some years ago: “Jews aren’t the only crooks,
but they’re certainly the biggest crooks. If you hear about
a 100-thousand-dollar swindle, it could be anybody. If you
hear about a 100-million-dollar swindle, then you know that
it has to be a Jew.” Even more so if we hear about a
50-billion-dollar swindle!
Pierce reminded his readers
about Michael Milken, Ivan Boesky, Marty Siegel, Dennis
Levine and the insider-trading scandal that nearly wrecked
Wall Street a dozen years ago-- and incidentally bankrupted
tens of thousands of ordinary Americans who lost their
investments as a result of the artificial manipulation of
stock prices. Every major actor in that scandal was a Jew.
“Remember the enormous
savings-and-loan catastrophe during the 1980s that ended up
costing American taxpayers 500 billion dollars? A big part
of the reason for the collapse of the savings-and-loan
industry in the 1980s was the huge investments in so-called
'junk bonds' by so many savings-and-loan institutions. And
the man behind the junk bonds --the financial genius
persuading the savings-and-loans to buy them--was none other
than Michael Milken.”
One can fine-tune Pierce: the
big crooks and swindlers are not necessarily Jews but they
are devoted to Jewish
causes, be it the Holocaust cult or the Zionist
cause. When it comes to charity, an
American cheat, whether goy or Jew, does not care for poor
Americans or for starving Africans. He gives his
tithe to the Jewish cause. This was the case with
Madoff. He contributed a lot to
Jewish causes, so he had
to be a swindler. (In “The Man Higher Up” from my
book
Pardes, I
explain why).
So, why should the proverbial
antisemite rejoice at Madoff’s
fall, if it was as much to be expected as the morning dawn?
Is it because there were “a number
of prominent Diaspora Jews among the victims, including
Nobel laureate Elie Wiesel,
movie director Steven Spielberg, and real-estate magnate
Mortimer Zuckerman”, as the
Wall Street Journal
reported?
James Petras thinks it should rather disappoint
antisemites: “Madoff struck a
severe blow against anti-Semites who claim that there is a
‘close-knit Jewish conspiracy to defraud the Gentiles’,
laying that canard to rest once and for all. Among Bernard
Madoff’s principal victims were his closest Jewish friends
and colleagues, people who shared Seder meals and frequented
the same upscale temples in Long Island and Palm Beach.”
[An edited version of Petras’ article is appended below.]
This is also the
view of
Michael Hoffman: “Madoff's enormous heist … undercuts a
stereotype of the Jew-haters: that Jews are always …robbing
gentiles and profiting communally from the rip-off. This is
sheerest ignorance… Contrary to the received opinion,
Judaism is not good for Jews. They may cheat the gentiles
first, but sooner or later they'll give each other a haircut
too.” Hoffman goes even further and says, “The biggest
victims of Judaism are not gentiles but Jews themselves.”
One hesitates to
disabuse his noble heart. Though Hoffman’s generous
statement certainly is correct in a deep spiritual sense,
the Judaic strategy, in the medium-run, is a winning one in
the practical sense. From bankruptcy to bankruptcy, from
swindle to swindle, from one insurance fraud to the next --
the aggregate wealth of the Jewish community permanently
grows thanks to intra-Jewish philanthropy. Yes, Spielberg
and Yeshiva University lost some cash in this debacle, but
otherwise, billions of dollars came in and remained within
the Jewish community. One may view
Madoff as a Jewish suicide bomber: he blew himself up
financially, and the immediate losses to a few Jewish
investors were just so much collateral damage. But the
bottom line was a major, permanent transfer of gentile
wealth to the Jews.
As always,
denunciations of antisemitism serve to cover up the hard
facts. We hear of ruined Jewish investors, BUT the majority
of Madoff's fools were non-Jewish, correctly observed Peter
Myers’ correspondent Leo Schmit
from Kandahar, Afghanistan. “The majority of Madoff's fools
were non-Jewish individuals, banks, funds and firms. The
claim that Jewish foundations are taking the ‘biggest hit’
is evidently not true. The harm to Jewish foundations is
dwarfed by the damage done to numerous financial
institutions, funds and firms as listed by
Henri Blodget.” Besides, the
Jewish American investors (as opposed to the European
non-Jews and their banks) will get their investment back
under the US government's financial fraud protection scheme.
So, antisemites have no reason to rejoice. A Jewish crook is
nothing new; a successful Jewish crook is nothing new,
either. Jews did not lose, they won. Their complaints and
regrets are as true as Madoff’s accounting. Dr Petras’ joy
was premature, too, as he wrote: “The swindle may lessen
funding for AIPAC’s purchase of
Congressional influence and financing of propaganda
campaigns in favor of a pre-emptive US military attack
against Iran.” Not so fast, Jim! Even if some Jewish and
Zionist organizations lost money, the total sum of Jewish
holdings increased, and this new wealth will again find its
way to the Zionist Lobby and other such bodies. Does this
mean that nothing can be done about it? No. Where there is a
will, there is a way.
While it would be
unfair to confiscate the private funds of innocent Jewish
individuals in compensation for the Jewish fraudsters’
misdeeds, the holdings of “the Jewish people” are fair game.
Now these vast holdings are
mortmain, as was Church property in the
Middle Ages. Mortmain, or “Dead
Hand”, means one can’t sue them. All losses are yours, while
only the profits are theirs. Such a regime is too good to
last forever. The Reformation would never have taken place
but for the Dead Hand rule of the Church holdings. The
princes finally had to expropriate the
Church, otherwise it would have become too powerful
and undermined their own economic dominion. Now is the time
to deal with the Jewish Dead Hand. They benefited from
Madoff’s misdeed, now let them
pay for it.
These holdings
are controlled by still uncaught
Madoffs and other Zionist leaders.
The Jewish National Fund (JNF) “is a
multi-national corporation with offices in about dozen
countries world-wide. It receives millions of dollars from
wealthy Jews around the world, most of which are tax-exempt
contributions. JNF's aim is to
acquire and develop lands exclusively for the benefit of
Jews. It leases land to Jews only.” Our friend
Jonathan Cook from Nazareth described it as a
racist institution of immense wealth and power. The JNF
received funding from Madoff,
and moreover, other people who earned money through
Madoff’s schemes also supported
the JNF.
Another possible mortmain body
with vast holdings is
the Conference on
Jewish Material Claims against Germany. This Fund, according
to
Haaretz,
received billions dollars’ worth of real estate in East
Germany under a clause in German law that recognizes it as
the owner of all assets belonging to Holocaust victims
without heirs. Do not worry: this money is not helping poor
old Jews anyway. A
Haaretz
headline relates that “Survivors
get tiny slice of Holocaust compensation”.
This bulk of cash should be used to pay the defrauded
gentiles.
While we're at it, these and other Jewish communal bodies
may be charged not only for the relatively tiny losses
caused by Madoff, but for the
much bigger ones caused by the Talmud-swearing
Alan Greenspan and his Yeshiva-comrade Ben Bernanke.
There is no reason to hate Greenspan or to call him Public
Enemy Number One: it will be enough to
revert his main deed, the massive transfer of wealth
from ordinary Americans to the super-rich and from them to
the Jewish causes. Among these latter, the Simon Wiesenthal
Tolerance Center should also be a prime target; this could
save Jerusalem from the
monstrosity that organization plans to build in the
centre of Jerusalem on top of Mamilla
Cemetery. (In order to be ‘tolerant’, by Simon Wiesenthal
Tolerance standards, you must support gag laws and the
bombing of Iran!)
Expropriation of these bodies will not harm a single honest
person of Jewish origin. It's the other way around: it
would remove the major reason for antagonism between Jews
and non-Jews. Jews would know that there are no separate
funds to take care of them and would recognize that they are
in one boat with their non-Jewish fellow-citizens. And then
the Jewish Lobby would shrink to its natural size of, say,
Cuban Lobby, and the US would recover from its sickness.
We, the Israelis, would be the biggest beneficiaries of such
a move.
Isaac Deutscher ascribed the
negative developments in Israel to the influence of
super-rich American Jews: “A wealthy American Jew is at
heart proud to be a member of the Chosen People, and in
Israel he exercises his influence in
favour of religious obscurantism and reaction. He
keeps alive the spirit of racial-talmudic
exclusiveness and superiority. It feeds and inflames the
antagonism towards the Arabs”. If they
are made to pay for their tricks, not only antisemites, but
Jews as well will have good reason to rejoice.