Posted by: John Gilmore | May 20, 2010

The Astounding Failure of the US Educational System – October 21, 2010

If you have read through the posts on this blog – then you have seen me ask you a very simple question multiple times:

How many times in your life has someone educated you on our debt based monetary system – how it works, who controls it, etc?

If you are like most people in the world – the answer is – never.

Chances are that when you were taught ‘Economics’ – you were taught about ‘micro’ or ‘macro’ economics – which taught you about supply/demand curves, investment strategies, interest rates, bond prices/yields, GDP, unemployment figures, etc.

What you are never taught are things like – how is money created?  What is the Federal Reserve and who owns it? How does the Federal Reserve control interest rates and money supply volume? Why are private banks allowed to create money?

The biggest question of all:

How in the world did we let a private banking cartel control the world’s economy?

No – we are never educated on the really important questions.  As I’ve said before – you can play the game all you want – just don’t change the game.

By ‘change the game’ – I mean replacing the Federal Reserve and its debt based money with a sound monetary system and giving the power to manage our money supply back to Congress (as mandated by the Constitution) and the American people.

In doing so – the American people would – once again – become a sovereign nation – indebted to no one.

Regardless of what you are taught – we are not a sovereign nation as long as we are indebted to a private banking cartel.

In case you didn’t learn this in history class or ‘social studies’ – central bankers run the world – not governments – and certainly not the world’s people.

It’s time we started thinking on our own (become critical thinkers) – and stop blindly accepting the lies we are told.

As with most things we are told/taught by our government and world leaders – there is a hidden agenda behind what has happened to our educational system.

Think about it.

jg – October 21, 2010


The Astounding Failure of the US Educational System

Submitted by smartknowledgeu on 10/21/2010 04:23 -0500

The below article titled “The Educational System Was Designed to Keep Us Docile”, by John Taylor Gatto is a fine read as a complement to my latest article “Inside the Illusory Empire of the Banking Commodities Con Game.”  Who is John Taylor Gatto? Mr. Gatto was the NYC “Teacher of the Year” three times, and a teacher that became highly disillusioned with the formal education system due to its failures to stimulate critical thinking in children.

I find it odd that people find value in the information I provide to my clients as well as information that I provide publicly on my blog often desire to know of me, “Where did you go to school?” I find it even odder that many people find my attendance of an Ivy League university to be validating of my knowledge base and thinking skill set, as if attending an expensive university is responsible for the thought processes that have enabled many of my big picture, long-term predictions of the global economy to be accurate. I believe there is absolutely no correlation between the cost of an education and intelligence or even between formal education and knowledge, although oddly people believe this relationship to exist. If there is a provable relationship between formal education and intelligence, it is probably an inverse one. The more letters you have behind your name (MBA, PhD, JD, MFA, CPA) the greater level of stupidity one likely possesses, as the attainment of a higher level of education means that one has been exposed for a far longer time period than the average citizen to the indoctrination process.

I find oddest of all, the expressions on people’s faces, when I inform them that I sincerely believe that the knowledge I gained through formal institutions of academia was detrimental to my understanding of how capital markets operate. In fact, I explain to those that inquire of my educational background that I had to rewire my brain and purge it of nearly all of the false business concepts and stupidity I learned in school because I later found the great majority of what I had learned in school to be not only downright deceptive, but also in my opinion, deliberately erroneous. Many people express genuine shock when I tell them that my formal education was, as was my education on Wall Street, almost entirely useless to any of the investment research and analysis I perform today and that my understanding of how capital markets move is entirely the result of self-education.

“When we look at the information Gatto has uncovered regarding the purpose of the education system as designed by the men that funded and implemented the foundation of the American educational system in the late 1800’s and early 1900’s, we discover, in fact, that the US educational system accomplishes exactly what it was designed to do – to dumb down people and suppress the natural inquisitiveness and critical thought processes of children.”

In fact, an article I wrote titled “Delaying a College Education in this Economy is the Right Choice” probably generated some of the most perplexed responses I have ever witnessed up close and in person when discussing the content of this article with others. Some of the responses I have heard are as follows:

But isn’t this the BEST time to send my kid to college? The economy is terrible now, so after he graduates, the economy will be much better, right?

You don’t REALLY mean that, do you? Everyone needs a diploma to fall back on. Who’s going to respect you without a college degree?

How is my child going to get ahead in life without a college degree?

Even when someone saw eye to eye with my viewpoint and generally understood the points I was trying to make in that article, in the end, they still bowed down to societal norms because of the fact that he or she has been conditioned to believe in the institutional system of education.

Yes, I understand what you’re saying, he or she would tell me. But I still need to send my child to college. What other choice do I have?

And that’s exactly what the elite want you to believe – that you have no choice but to indoctrinate your child through a formal institutionalized process versus providing an alternate path of education and enlightenment for your child. In the article below, Gatto states, “It’s no secret that the US educational system doesn’t do a very good job.” But when we look at the information Gatto has uncovered regarding the purpose of the education system as designed by the men that funded and implemented the foundation of the American educational system in the late 1800’s and early 1900’s, we discover, in fact, that the US educational system accomplishes exactly what it was designed to do – to dumb down people and suppress the natural inquisitiveness and critical thought processes of children.

Gatto reveals that Eldwood Cubberly, the future Dean of Education of Stanford University, argued, in his 1905 dissertation for schools that should be factory-like in production “in which raw products, children, are to be shaped and formed into finished products…manufactured like nails, and the specifications for manufacturing will come from government and industry.

I have pointed out numerous times the banker-funded state of business academia in America as my rationale for why business degrees are often useless. I have often told those considering entering business school that I could sit down and talk to them for three hours and probably grant them knowledge that will be a thousand times more valuable than anything they will learn during a two-year MBA program at Harvard Business School. I say this not out of arrogance. I acknowledge that I still have a long road to travel in my own educational journey. I say this only because I am 100% convinced that the business school curricula of all traditional institutions of academia will never provide the knowledge young adults need to succeed in today’s Empire of Illusion.

Today, revered professors all across the US teach students the nonsense that bankers want them to learn and that bankers want them to believe is real, NOT the reality of how currency markets, stock markets and commodity markets truly operate. Gatto confirms my thesis by pointing out a statement from the Rockefeller Education Board, a key institution that was a critical force in shaping modern education in America: “We shall not try to make [students] into philosophers or men of learning or men of science…The task we set before ourselves is simple…we will organize children…and teach them to do in a perfect way the things their fathers and mothers are doing in an imperfect way.”

The Educational System Was Designed to Keep Us Docile (John Taylor Gatto)




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