front running using
high-frequency trading programs.
Market commentators are fond of talking about “free market capitalism,” but
according to Wall Street commentator Max Keiser, it is no more. It has
morphed into what his TV co-host Stacy Herbert calls “rigged market
capitalism”: all markets today are subject to manipulation for private
gain.
Keiser isn’t just speculating about this. He claims to have invented one of
the most widely used programs for doing the rigging. Not that that’s
what he meant to invent. His patented program was designed to take the
manipulation out of markets. It would do this by matching buyers with
sellers automatically, eliminating “front running” – brokers buying or
selling ahead of large orders coming in from their clients. The
computer program was intended to remove the conflict of interest that
exists when brokers who match buyers with sellers are also selling from
their own accounts. But the program fell into the wrong hands and
became the prototype for automated trading programs that actually
facilitate front running.
Also called High Frequency Trading (HFT) or “black box trading,” automated
program trading uses high-speed computers governed by complex
algorithms (instructions to the computer) to analyze data and transact
orders in massive quantities at very high speeds. Like the poker
player peeking in a mirror to see his opponent’s cards, HFT allows the
program trader to peek at major incoming orders and jump in front of
them to skim profits off the top. Note that these large institutional
orders are our money -- our pension funds, mutual funds, and 401Ks.
When “market making” (matching buyers with sellers) was done strictly by
human brokers on the floor of the stock exchange, manipulations and
front running were considered an acceptable (if morally dubious) price
to pay for continuously “liquid” markets. But front running by
computer, using complex trading programs, is an entirely different
species of fraud. A minor flaw in the system has morphed into a
monster. Keiser maintains that computerized front running with HFT has
become the principal business of Wall Street and the primary force
driving most of the volume on exchanges, contributing not only to a
large portion of trading profits but to the manipulation of markets for
economic and political ends.
The “Virtual Specialist”: the Prototype for High Frequency Trading
Until recently, most market making was done by brokers called “specialists,” those people you see on the floor of the New York Stock Exchange
haggling over the price of stocks. The job of the specialist
originated over a century ago, when the need was recognized for a
system for continuous trading. That meant trading even when there was
no “real” buyer or seller waiting to take the other side of the trade.
The specialist is a broker who deals in a specific stock and remains at one
location on the floor holding an inventory of it. He posts the “bid”
and “ask” prices, manages “limit” orders, executes trades, and is
responsible for managing the uninterrupted flow of orders. If there is
a large shift in demand on the “buy” side or the “sell” side, the
specialist steps in and sells or buys out of his own inventory to meet
the demand, until the gap has narrowed.
This gives him an opportunity to trade for himself, using his inside
knowledge to book a profit. That practice is frowned on by the
Securities Exchange Commission (SEC), but it has never been seriously
regulated, because it has been considered necessary to keep markets
“liquid.”
Keiser’s “Virtual Specialist Technology” (VST) was developed for the Hollywood Stock Exchange (HSX), a web-based, multiplayer simulation in which players use virtual
money to buy and sell “shares” of actors, directors, upcoming films,
and film-related options. The program determines the true market price
automatically, by comparing “bids” with “asks” and weighting the
proportion of each. Keiser and HSX co-founder Michael Burns applied
for a patent for a “computer-implemented securities trading system with
a virtual specialist function” in 1996, and U.S. patent no. 5960176 was awarded in 1999.
But things went awry after the dot.com crash, when Keiser’s company HSX
Holdings sold the VST patent to investment firm Cantor Fitzgerald, over
his objection. Cantor Fitzgerald then put the part of the program that
would have eliminated front-running on ice, just as drug companies buy
up competing patents in order to take them off the market. Instead of
preventing front-running, the program was altered so that it actually
enhanced that fraudulent practice. Keiser (who is now based in Europe)
notes that this sort of patent abuse is illegal under European
Intellectual Property law.
Meanwhile, the design of the VST program remained on display at the patent office,
giving other inventors ideas. To get a patent, applicants must list
“prior art” and then prove that their patent is an improvement in some
way. The listing for Keiser’s patent shows that it has been referenced
by 132 others involving automated program trading or HFT.
HFT has quickly come to dominate the exchanges. High frequency trading firms now account for 73% of all U.S. equity trades, although they represent only 2% of the approximately 20,000 firms in operation.
In 1998, the SEC allowed online electronic communication networks, or alternative trading systems, to become full-fledged stock exchanges. Alternative trading systems (ATS) are computer-automated order-matching systems that offer
exchange-like trading opportunities at lower costs but are often
subject to lower disclosure requirements and different trading rules.
Computer systems automatically match buy and sell orders that were
themselves submitted through computers. Market making that was once
done with a “specialist’s book” -- something that could be examined and
audited -- is now done by an unseen, unaudited “black box.”
For over a century, the stock market was a real market, with live traders
hotly bidding against each other on the floor of the exchange. In only
a decade, floor trading has been eliminated in all but the largest
exchanges, such as the New York Stock Exchange (NYSE); and even in
those markets, it now co-exists with electronic trading.
Alternative trading systems allow just about any sizable trader to place orders
directly in the market, rather than routing them through investment
dealers on the NYSE. They also allow any sizable trader with a
sophisticated HFT program to front run trades.
Flash Trades: How the Game Is Rigged
An integral component of computerized front running is a dubious practice called “flash trades.” Flash orders are permitted by a regulatory loophole that allows
exchanges to show orders to some traders ahead of others for a fee. At
one time, the NYSE allowed specialists to benefit from an advance look
at incoming orders; but it has now replaced that practice with a “level
playing field” policy that gives all investors equal access to all
price quotes. Some ATSs, however, which are hotly competing with the
established exchanges for business, have adopted the use of flash
trades to pull trading business away from the exchanges. An incoming
order is revealed (or flashed) to a trader for a fraction of a second
before being sent to the national market system. If the trader can
match the best bid or offer in the system, he can then pick up that
order before the rest of the market sees it.
The flash peek reveals the trade coming in but not the limit price – the
maximum price at which the buyer or seller is willing to trade. This
is what the HFT program figures out, and it is what gives the
high-frequency trader the same sort of inside information available to
the traditional market maker: he now gets to peek at the other player’s
cards. That means high-frequency traders can do more than just skim
hefty profits from other investors. They can actually manipulate
markets.
How this is done was explained by Karl Denninger in an insightful post on Seeking Alpha in July 2009:
“Let’s say that there is a buyer willing to buy 100,000 shares of BRCM with a
limit price of $26.40. That is, the buyer will accept any price up to
$26.40. But the market at this particular moment in time is at $26.10,
or thirty cents lower.
“So the computers, having detected via their ‘flash orders’ (which ought to
be illegal) that there is a desire for Broadcom shares, start to issue
tiny (typically 100 share lots) ‘immediate or cancel’ orders - IOCs -
to sell at $26.20. If that order is ‘eaten’ the computer then issues
an order at $26.25, then $26.30, then $26.35, then $26.40. When it
tries $26.45 it gets no bite and the order is immediately canceled.
“Now the flush of supply comes at, big coincidence, $26.39, and the claim is made that the market has become ‘more efficient.’
“Nonsense; there was no ‘real seller’ at any of these prices! This pattern of
offering was intended to do one and only one thing -- manipulate the
market by discovering what is supposed to be a hidden piece of
information -- the other side’s limit price!
“With normal order queues and flows the person with the limit order would see
the offer at $26.20 and might drop his limit. But the computers are so
fast that unless you own one of the same speed you have no chance to do
this -- your order is immediately ‘raped’ at the full limit price! . .
. [Y]ou got screwed for 29 cents per share which was quite literally
stolen by the HFT firms that probed your book before you could detect
the activity, determined your maximum price, and then sold to you as
close to your maximum price as was possible.”
The ostensible justification for high-frequency programs is that they
“improve liquidity,” but Denninger says, “Hogwash. They have turned
the market into a rigged game where institutional orders (that’s you,
Mr. and Mrs. Joe Public, when you buy or sell mutual funds!) are
routinely screwed for the benefit of a few major international banks.”
In fact, high-frequency traders may be removing liquidity from the market. So argues John Daly in the U.K. Globe and Mail, citing Thomas Caldwell, CEO of Caldwell Securities Ltd.:
“Large institutional investors know that if they start trying to push through
a large block of shares at a certain price – even if the block is
broken into many small trades on several ATSs and markets -- they can
trigger a flood of high-frequency orders that immediately move market
prices to the institution’s disadvantage. . . . That’s why institutions
have flocked to so-called dark pools operated by ATSs such as Instinet,
and individual dealers like Goldman Sachs. The pools allow traders to
offer prices without publicly revealing their identities and tipping
their hand.”
Because these large, dark pools are opaque to other investors and to
regulators, they inhibit the free and fair trade that depends on open
and transparent auction markets to work.
The Notorious Market-Rigging Ringleader, Goldman Sachs
Tyler Durden, writing on Zero Hedge, notes that the HFT game is dominated by Goldman
Sachs, which he calls “a hedge fund in all but FDIC backing.” Goldman
was an investment bank until the fall of 2008, when it became a
commercial bank overnight in order to capitalize on federal bailout
benefits, including virtually interest-free money from the Fed that it can use to speculate on the opaque ATS exchanges where markets are manipulated and controlled.
Unlike the NYSE, which is open only from 10 am to 4 pm EST daily, ATSs trade
around the clock; and they are particularly busy when the NYSE is
closed, when stocks are thinly traded and easily manipulated. Tyler
Durden writes:
“[A]s the market keeps going up day in and day out, regardless of the
deteriorating economic conditions, it is just these HFT’s that
determine the overall market direction, usually without fundamental or
technical reason. And based on a few lines of code, retail investors
get suckered into a rising market that has nothing to do with green
shoots or some Chinese firms buying a few hundred extra Intel servers:
HFTs are merely perpetuating the same ponzi market mythology last seen
in the Madoff case, but on a massively larger scale.”
HFT rigging helps explain how Goldman Sachs earned at least $100 million per day from its trading division, day after day, on 116 out of 194
trading days through the end of September 2009. It’s like taking candy
from a baby, when you can see the other players’ cards.
Reviving the Free Market
So what can be done to restore free and fair markets? A step in the right
direction would be to prohibit flash trades. The SEC is proposing such
rules, but they haven’t been effected yet.
Another proposed check on HFT is a Tobin tax – a very small tax on every financial trade. Proposals for the tax range from .005% to 1%, so small that it would hardly be felt by legitimate “buy and hold”
investors, but high enough to kill HFT, which skims a very tiny profit
from a huge number of trades.
That is what proponents contend, but a tiny tax might not actually be enough
to kill HFT. Consider Denninger’s example, in which the high-frequency
trader was making not just a few pennies but a full 29 cents per trade
and had an opportunity to make this sum on 99,500 shares (100,000
shares less 5 100-lot trades at lesser sums). That’s a $28,855 profit
on a $2.63 million trade, not bad for a few milliseconds of work.
Imposing a .1% Tobin tax on the $2.63 million would reduce the profit
to $26,225, but that’s still a nice return for a trade that takes less
time than blinking.
The ideal solution would fix the problem at its source -- the price-setting
mechanism itself. Keiser says this could be done by banning HFT and
installing his VST computer program in its original design in all the
exchanges. The true market price would then be established
automatically, foreclosing both human and electronic manipulation. He
notes that the shareholders of his former firm have a good claim for
voiding out the sale to Cantor Fitzgerald and retrieving the program,
since the deal was never consummated and the investors in HSX Holdings
have never received a penny for the sale.
There is just one problem with their legal claim: the paperwork proving it
was shipped to Cantor Fitzgerald’s offices in the World Trade Center
several months before September 2001. Like free market capitalism
itself, it seems, the evidence has gone up in smoke.
…
ssay down to about 18 pages, edited without comment or changes by John Kaminski 4/21/2019.
To read the entire document:https://cienciologia.files.wordpress.com/2019/01/judea_vs_rome.pdf(courtesy of Giuseppi Fallisi)
ESSENTIALLY . . .
Christianity, as a slave rebellion devised and led by Jews with the aim of destroying Roman power — and, ultimately, all European power — was and is a doctrine aimed at converting vigorous peoples into a domesticated flock of sheep.
ROME CONTRA JUDAEA; JUDAEA CONTRA ROME
by Evropa Soberana for more information on Evropa Soberana, seehttps://chechar.wordpress.com/category/evropa-soberana-webzine/
This is precisely why the Jews are the most disastrous people in world history: they have left such a falsified humanity in their wake that even today Christians can think of themselves as anti-Jewish without understanding that they are the ultimate conclusion of Judaism. — Nietzsche
We will also see the impossibility, in the long term, of the coexistence between two radically different cultures, in this case, the Greco-Roman and the Jewish.
For now, the Romans will meet a people who take the tradition with the same seriousness as them, but replacing that Olympic, artistic, athletic and aristocratic touch with a spark of fanaticism and dogmatism, and changing the Roman patriotism for a kind of pact sealed behind the backs of the rest of humanity.
In 56 BCE, in a speech entitled De Provinciis Consularibus given in the Senate of Rome, Cicero himself describes the Jews, along with the Syrians as a ‘race born to be a slave’. Syrians and Jews were ethnic communities in which the Armenid race was strongly represented, and which are encompassed as Semitic cultures. The present book will deal particularly with the Jews, without forgetting other groups that, like the Arabs, Persians and Syrians, made common cause with them on many occasions, including during the rise of Christianity.
Pre-Christian Rome
The world, before the eyes of a Roman, was a magical and holy place where the ancient gods, the Numens, the Manes, the Lares, the Penates, the geniuses and infinity of folk spirits, campaigned at ease influencing the lives of the mortals even in their most daily ups and downs (the Civitas Dei of St Augustine, despite attacking the Roman religion, provides valuable information about its complexity).
Despite the subsequent influence that Greece had on them, the seriousness with which the Romans took ritualism and folklore was so extreme, and their patriotism so incredible, that we may seriously think that fidelity (what they called the pietas: the fulfillment of duty to the gods in everyday tasks) they professed to the customs and ancestral traditions, was the secret of their immense success as a people.
From the remotest antiquity, the Jews proved to be an unassimilable and highly conflictive people, endowed with an unprecedented ability to climb the social positions of other civilisations, undermine their institutions and destroy their traditions and customs from a parasitic and advantaged position; enrich themselves in the process, take whatever was useful, become increasingly sophisticated and, finally, survive the fall of the civilisation they devoured, taking a baggage of experience and symbols stolen to the next civilisation destined to suffer the repetition of the cycle.
In all the countries that welcomed them, the Jews were accused of appropriating the riches of others without working (usury), of exercising vampirism over the economy, of being sycophants with the nobility and openly hostile to the people, of indebting the States and to mortally hate, in secret, all the non-Jewish humanity.
Cicero (106-43 BCE), as we shall see later, condemns Jewry considering that their mentality of skulduggery and cowardice is incompatible with the altruistic mentality of the best in Rome. He wrote: ‘The Jews belong to a dark and repulsive force. I know how numerous these cliques are, how they remain united and what power they exert through their unions. They are a nation of liars and deceivers’.
Tacitus (56-120), the famous historian who praised the Germans, also spoke about the Jews but in very different terms. He says that they descend from lepers expelled from Egypt and that under the Assyrians, the Medes and Persians, they were the most despised and humiliated people. Among the terms with which Tacitus qualifies Jewry we have ‘perverse’, ‘abominable’, ‘cruel’, ‘superstitious’, ‘alien to any law of religion’, ‘evil’ and ‘filthy’ among others.
Hecataeus of Abdera (around 320 BCE), not an Alexandrian himself, was probably the first pagan who wrote about Jewish history, and he did not do it on good terms: ‘Due to a plague, the Egyptians expelled them... The majority fled to uninhabited Judea, and their leader Moses established a cult different from all the others. The Jews adopted a misanthropic and inhospitable life’.
Manetho (3rd century BCE), an Egyptian priest and historian, in his History of Egypt—the first time someone wrote a history of Egypt in Greek—said that at the time of King Amenhotep, the Jews left Heliopolis with a colony of lepers under the command of a renegade Osiris priest named Osarseph, whom he identifies with Moses. Osarseph would have taught them habits contrary to those of the Egyptians and ordered them not to relate to the rest of the villages, and also made them burn and loot numerous Egyptian villages of the Nile valley before leaving Egypt in the direction of Asia Minor.
Lysimachus of Alexandria (1st century BCE) said that Moses was a kind of black magician and an impostor; that his laws, equivalent to those recorded in the Talmud, were immoral and that the Jews had been sick:
The Jews, sick with leprosy and scurvy, took refuge in the temples, until the king drowned the lepers, and sent other hundred thousand to perish in the desert. A certain Moses guided and instructed them so that they would not show goodwill towards any person and destroyed all the temples they found. They arrived in Judea and built a city of temple robbers.
Apion, Egyptian writer and main promoter of the pogrom of Alexandria of the year 38 CE that culminated in a massacre of 50,000 Jews at the hands of the Roman military, said that the Jews were bound by a mutual pact to never help any foreigner, especially if he was Greek:
The principles of Judaism oblige to hate the rest of humanity. Once a year they take a non-Jew, they kill him and taste his insides, swearing during the meal that they will hate the nation from which the victim came. In the Holy of Holies of the sacred temple of Jerusalem there is a golden ass head that the Jews idolise. The Shabbat originated because of a pelvic ailment that the Jews contracted when fleeing from Egypt, forced them to rest on the seventh day.
Celsus, a Greek philosopher of the 2nd century, especially known for The True Word in which he attacked Christianity and also Judaism, wrote: ‘The Jews are fugitives from Egypt who have never done anything of value and were never held in esteem or had a good reputation’.
Burning the library of Alexandria
In 48 BCE, while the Roman and Ptolemaic fleets were engaged in a naval battle, an event was held to further tense the relations between Jews, Greeks and Egyptians: the burning of the library of Alexandria. Of all the ethnic groups that were in the city, none could have anything against the library. The Greeks had founded it; the Egyptians had contributed much to it, and the Romans sincerely admired this Hellenistic legacy. The Jews, however, saw in the library an accumulation of ‘profane’ and ‘pagan’ wisdom, so that if there was a group suspected of the first burning of the library, logically it was the Jewish quarter or the most orthodox and fundamentalists sectors.
Josephus considers the Zealots as the fourth Jewish sect together with—from least to greatest religious extremism—the Essenes, the Sadducees and the Pharisees. The Zealots were the most fundamentalists of all: they refused to pay taxes to the Roman Empire. For them, all other Jewish factions were heretical; any Jew who collaborated minimally with the Roman authorities was guilty of treason and should be executed.
‘You worship what you do not know; we worship what we do know, for salvation is from the Jews’. — John 4:22
Here is the probable cause of the unprecedented historical defamation of this emperor: The texts of Roman history would eventually fall into the hands of the Christians, who were mostly of Jewish origin and viscerally detested the emperors. Since, according to Orwell, ‘he who controls the past controls the present’, Christians adulterated Roman historiography, turning the emperors who had opposed them and their Jewish ancestors into disturbed monsters.
Thus, we do not have a single Roman emperor who has participated in harsh Jewish reprisals who has not been defamed by accusations of homosexuality, cruelty or perversion. The Spanish historian José Manuel Roldán Hervás has dismantled many of the false accusations against the historical figure of Caligula.
Nero has gone down in history as a cruel, tyrannical, perverted, capricious emperor given to excesses, and it is really incredible the amount of trash that Christians poured into his biography, to such an extent that the name of Nero is already synonymous with tyranny, caprice and depravity. The problem of Nero, we are led to believe, is that he did not tolerate Judaism or Christianity; and that not a few Jews and Christians found their bones in the Colosseum, in the jaws of some lion, under the thunderous applause of the people of Rome by his express mandate. The reality is that, in the year 64, there is a great fire in Rome that destroys many districts and leaves the city in a state of emergency. Nero welcomes the victims of the fire, opening the doors of his palaces so that the people have a place to stay. In addition, he pays from his own private funds the reconstruction of the city.
What the emperor did do was take action against the Christians. In the words of the famous Roman historian Tacitus (55- 120), ‘Nero blamed and inflicted the cruellest tortures on a class hated for its abominations, called Christians by the populace’. He orders to arrest them ‘not so much because of arsonists but because of their hatred of the human race’.
Nero, despite having shown himself to be magnanimous and generous to the people, passed into modern history as the Antichrist, a ruthless killer of Christians who murdered his own wife on a whim, and who for fear of conspiracy surrounded himself with a personal guard of praetorians of German origin—the only ones he considered sufficiently loyal. He has also passed to the popular mind as the perpetrator of the arson in Rome while he played the lyre, singing a song before the flames; when in real history Nero was not even in Rome when the fire started.
Also, because he was a Jew and a Sadducee, the works of Josephus must always be read with caution. For example, he has a writing called Against the Greeks, in which he makes apology for Judaism.
The Jewish rebellion was condemned as a kamikaze action from the beginning. Simply, the Roman Empire was a force too irresistible, and only the fundamentalist fanaticism, preached by minority social sectors, could drag Jewry to fight until the end in a way so tenacious with an enemy that was the bearer of an infinitely superior culture and, above all, of a better and more effective way of acting in the world. Will and faith may move mountains but in this case the Jews did not achieve miracles but the destruction of their holy land and the hardening of the Roman occupation.
Vespasian had the Jews of Judea scattered throughout Italy, Greece and, above all, North Africa and Asia Minor, believing that this was the end of the Jewish danger to the Empire. Upon returning to Rome, the triumphant Titus solemnly rejected the crown of laurels of victory offered by the Roman people, claiming that he fulfilled the divine will and that ‘there is no merit in defeating a people that have been abandoned by their own god’. Shortly afterward the Romans erected an arc of triumph, under which no Jew—at least no traditionalist Jew—still passes today. The arch of Titus, erected in Rome to commemorate the capture of Jerusalem, shows the Roman legionaries transporting the fruits of the looting of the temple, highlighting the giant menorah.
This is a key moment in Jewish history. The Jews saw how their achievements were crushed by a proud European empire, how their relics were trampled by Roman sandals and how their sacrosanct Temple was burned by flames. To see it destroyed was a huge shock in the collective psychology of Jewry, filling the Jews with resentment and desires for revenge against what they knew of Europe: the Greek and Roman communities. Rome might have easily been able to exterminate all the Jews of Judea if she had wanted but did not, as it seemed that the Jewish power was finished; the Jews had been traumatised, and their tribal pride shattered. Alas, far from neutralising them, this psychological shock on their collective unconscious fed them cruel desires for revenge.
The rebellion began in Cyrenaica, led by Lukuas, a self-proclaimed Messiah. The Jews, in a swift stroke of hand reminiscent of their rebellion in Jerusalem half a century earlier, attacked Greek neighbourhoods and villages, destroyed Greek statues and temples dedicated to Jupiter, Artemis, Isis and Apollo, and also numerous Roman official buildings. (These actions were a mere foreshadowing of what the Christians would later do on a massive scale and throughout the Empire.)
The famous Roman historian Cassius Dio, in his Roman History, describes the terrible massacre that was unleashed, referring to Lukuas as ‘Andreas’, probably his Greco- Roman name. At that time, the Jews who lived in Cyrenaica, having as captain one Andreas, killed all the Greeks and Romans. They ate their flesh and entrails, bathed in their blood and dressed in their skins. They killed many of them with extreme cruelty, tearing them from above head down the middle of their bodies; they threw some to the beasts while others forced them to fight among themselves, to such an extent that they took 220,000 to death.
Cassius Dio also tells us how from their intestines they made belts and anointed themselves with their blood. These testimonies, although perhaps should not be taken literally, are certainly interesting to see the negative image that the Jews had in Europe, as an odious and misanthropic people.
After the genocide in Cyrenaica, the Lukuas masses went to an unguarded city that had long been the world centre of wisdom and also of anti-Judaism: Alexandria. There they set fire to numerous Greek neighbourhoods, destroyed pagan temples and desecrated Pompey’s tomb. But this Rebellion of the Diaspora was not limited only to North Africa. Jewish terrorism in Cyrenaica and Alexandria had emboldened Jews throughout the Mediterranean, who, seeing the absence of Roman soldiers, felt the call of the uprising against Rome.
While Trajan was already in the Persian Gulf struggling against the Parthians, crowds of Jews, fanaticised by the rabbis, rose up in Rhodes, Sicily, Syria, Judea, Mesopotamia and the rest of North Africa to carry out the ethnic cleansing against the European populations. In Cyprus, the worst massacre of the entire rebellion took place: 240,000 Europeans were massacred and the capital of the island, Salamis, was completely razed, according to Cassius Dio. Something similar happened in Egypt and on the island of Cyprus under one Artemion, the chief of barbarism. In Cyprus they massacred another two hundred and forty thousand people, so they could no longer set foot on the island.
The first Christians were exclusively Jewish blood communities, converted into cosmopolitans with their enforced diaspora and Hellenistic contacts. To a certain extent, these ‘Jews from the ghetto’—of which Saint Paul is the most representative example—were despised by the most orthodox Jewish circles. Christianity, which to expand itself took the advantage offered by the dispersion of Semitic slaves throughout the Roman Empire, represents an Asian ebb spilled all over Europe.
Erasing traces of the Gods
At first, Sha’ul had been dedicated to persecuting Christians (which, let’s not forget, were all Jews) in the name of the authorities of official Judaism. At a given moment in his life, he falls off the horse—literally, it is said. Then, after a great revelation, ‘Paul’ decides that Christianity is a valid doctrine to be preached to Gentiles, that is, to non-Jews. With that intelligent diplomatic skill for business and subversive movements, Sha’ul/Paul establishes numerous Christian communities in Asia Minor and the Aegean, from which the ‘good news’ will be hyper-actively preached.
Subsequently, numerous preaching centres are founded in North Africa, Syria and Palestine, inevitably going to Greece and Rome itself. Christianity ran like wildfire through the most humble layers of the population of the Empire, which were the most ethnically orientalised layers. It then passes to the Roman Empire through the Jews, headed by Sha’ul/Paul, Peter and other preachers. Its nature, based on the sinister Syrian-Phoenician mysteries that presupposed the sinfulness and impurity of the being which practiced them, is attractive to the non-white majority: Rome’s slaves.
Sha’ul/Paul’s speeches are political cries: intelligent, virulent and fanatical harangues that urge the faithful to accept Jesus Christ to achieve redemption. The book of John of Patmos is a mixed incendiary formula like delirious visions of the Apocalypse, the fall of Rome or Babylon, the New Jerusalem, the slaughter of the infidels, the arrival of the Kingdom of Heaven, the eternal salvation through Jesus Christ, the horrendous condemnation of pagan sinners and all those strange oriental ideas. Another key point that must be recognised as very skillful by the first preachers was to take advantage of the affinity for the poor, the dispossessed, the abandoned, the vagabonds and those who cannot help themselves; and the establishment of institutions of charity, relief and assistance.
Christianity glorified misfortune instead of glorifying the struggle against it; considered suffering as a merit that dignifies itself and proclaimed that Paradise awaits anyone who behaves well. (Remember the difference: how the pagans taught that only fighters entered the Valhalla.) It is the religion of the slaves, and they willingly subscribe to it.
Early Christianity played a very similar role to that of the later Freemasonry: it was a Jewish strategy dressed up using weak and ambitious characters, fascinating them with a sinister ritualism. The result was like a communism for the Roman Empire, even favouring the ‘emancipation’ and independence of women from their husbands by capturing them with a strange and novel Christian liturgy, and urging them to donate their own money to the cause (a scam quite similar in its essence to the current New Age cults).
In 306, Constantine ‘The Great’ rises to power. He reigned from 306 to 337. This emperor was not a Christian, but his mother Helena was, and he soon declared himself a strong supporter of Christianity. In the year 313, through the Edict of Milan, ‘religious freedom’ is proclaimed and the Christian religion is legalised in the Roman Empire by Constantine representing the Western Empire, and Licinius representing the Oriental Empire. The Roman Empire is in clear decadence because not only the original Romans were debasing themselves with luxury, voluptuousness and opulence and refusing to serve in the legions. The Christians have now infiltrated the bureaucratic elite, and already numerous influential characters practice it and defend it.
Once legalised, the Christians begin to attack without quarter the adepts of Hellenic culture. The Council of Ancyra of 314 denounces the cult of the goddess Artemis (the favourite and most beloved goddess of the Spartans). An edict of this year provokes for the first time that hysterical populaces begin to destroy Greco-Roman temples, break statues and murder the priests. We have to get an idea of what was involved in the destruction of a Temple in the Ancient World. A Temple was not only a place of religious worship for priests but a place of meeting and reference for all the people. (In our days, soccer stadiums or nightclubs are minimally similar to what the Temple represented for the people.) To destroy it was tantamount to sabotaging their unity, destroying the people themselves.
We cannot doubt that, at least in part, Christianity used its repugnance for Roman decadence to persecute any pagan cult, just as Islam today rejects the decline of Western Civilization. This was just the perfect excuse how Christianity justified its deeds and exterminated classical culture. That which Christianity systematically persecuted with shameful excuses, was something pure and aristocratic: luminous Hellenism, love of gnosis, art, philosophy, free debate and the natural sciences. It was Egyptian, Greek and Persian knowledge. What Christianity was doing with its persecution and extermination was literally erasing the traces of the gods.
Let us not make the mistake of blaming the Christianised Roman emperors. They were ridiculous and weak men, but they were in the hands of their educators. The instructors, who respond to the type of vampiric and parasitic priest so hated by Nietzsche, were the true leaders of the meticulous and massive destruction that was taking place. The numerous bishops and saints to whom we have referred were ‘cosmopolitan’ men of Jewish education, many of whom had been born in Judea, or came from essentially Jewish areas. They were transformed Jews who, having come in contact with their enemies, studying them carefully and hatefully, knew how to destroy them. They had a broad rabbinical education and knew in depth the teachings of classical culture, dominating the Latin, Greek, Hebrew, Aramaic, Syrian and Egyptian languages. Such characters, of an intelligence and a cunning as outstanding as their resentment, were convinced that they were building a new order, and that to do so it was necessary to erase a hundred percent every trace of any previous civilisation, and any thought that was not of Jewish origin.
359 CE: In the very Jewish city of Scythopolis, (province of Syria, today corresponds to Beit She’an, in Israel), Christian leaders organise nothing more and nothing less than a concentration camp for the adepts of classical culture, detained throughout the empire. In this field those who profess the old beliefs, or who simply opposed the Church, are imprisoned, tortured and executed. Over time, Scythopolis becomes a whole infrastructure of camps, dungeons, torture cells and execution rooms, where thousands of Hellenists would go. The most intense horrors of the time take place here. It was the gulag that the communism of the time used to suppress the dissidents.9
385-88 CE: Organised bands of Christian ‘paramilitary’ murderers travel throughout the Eastern Empire to preach the ‘good news’; that is, to destroy temples, altars and reliquaries. They destroy, among many others, the temple of Edessa, the Kabeirion of Imbros, the temple of Zeus in Apamea, the temple of Apollo in Didyma and all the temples of Palmyra. Thousands are arrested and sent to the dungeons of Scythopolis, where they are imprisoned, tortured and killed in subhuman conditions.
Bishop Theophilus, the patriarch of Alexandria, initiates persecutions of the Hellenists, inaugurating in Alexandria a period of real battles on the streets. He converts the temple of the god Dionysus into a church, destroys the temple of Zeus, burns the Mithraic and profanes the cult images. The priests are humiliated and mocked publicly before being stoned.
391 CE: A new decree of Theodosius specifically prohibits looking at the shattered statues! The persecutions of the whole empire are renewed.
Christians murder Hypatia
The protagonist of this year is Hypatia, philosopher and mathematician instructed by her father, the also famous philosopher and mathematician Theon of Alexandria.
Hypatia’s biographers say that in the morning she spent several hours in physical exercise and the she took relaxing baths that helped her to devote the rest of the day to the study of philosophy, music and mathematics. Hypatia was virgin and chaste; that is, she was at the level of a priestess—a wise woman, ‘a perfect human being’ just as her father had wanted. Hypatia also ran a philosophical school from which women were excluded. (This is to give thought to the feminists who have tried to use her figure in recent times.)
The bigwig of Alexandria during that time was Archbishop Cyril (370-444), nephew of the aforementioned Theophilus. He had the title of patriarch, an ecclesiastical honour that amounted almost to that of the pope, and which was held only by the archbishops of Jerusalem, Alexandria and Constantinople: that is, the most Jewish and Christian cities of the Roman Empire. During this time there was another mass rebellion; once again, street fights, tensions and settling of scores between Christians and Hellenists followed each other. Archbishop Cyril had started a persecution of Alexandria scholars, twenty-four years after the library fire. This time, more radicalised, the Christians murdered anyone who refused to convert to the new religion. Hypatia, at that time director of the museum, where she dedicated herself to the philosophy of Plato, was one of those people—for which she was accused of conspiring against the archbishop.
Days after the accusation, friars called parabalani, fanatical monks in charge of the dirty work of the archbishop and coming from the church of Jerusalem, kidnapped her from her carriage, beat her, stripped her and dragged her throughout the city until they reached the church of Caesarea. There, at the orders of a lector named Peter, they raped her several times and then skinned her and ripped the flesh with sharp oyster shells. Hypatia died raped, skinned and bleeding in atrocious pains. After this, they dismembered her corpse, took her pieces through Alexandria as trophies and then to a place called Cinarion, where they were burned. The archbishop who ordered her martyrdom is remembered by the Church as St. Cyril of Alexandria.
Only a crowd sick with resentment and hatred, and enraged by commissaries expert in the art of raising slaves, could carry out this act which disgusts any person with a minimum of decency. Hypatia was the perfect victim for a ritual sacrifice: European, beautiful, healthy, wise, Hellenistic and virgin. And that is what excites slaves the most when sacrificing the innocence and kindness of the victim. The cruelty shown, even in regard to the destruction of her body, indicates that the Christians greatly feared Hypatia and all that she represented.
We must recognise the conspiratorial astuteness and the implacable permanence of objectives of the original Judeo-Christian nucleus! What they did was literally turn the tables on their favour: turn Rome into anti-Rome; put at the service of Jewry everything that the Jews so hated; take advantage of the strength of Rome and its state apparatus, to put Rome against Rome itself in a sinister political- spiritual jiu-jitsu—from spitted slaves, trampled, insulted, despised and looked down, to absolute spiritual masters of the Roman Empire!
Christianity plays the vampire
In a nutshell, Christianity was a subversive movement of agitation against Rome, against Greece and, ultimately, against the European world.
As already stated, we have to assume that what has come down to us from the Greco-Roman world is only a tiny part of what was really there and that it was taken away by the Judeo-Christian destruction. Christianity, as a slave rebellion devised and led by Jews with the aim of destroying Roman power—and, ultimately, all European power—was and is a doctrine aimed at converting vigorous peoples into a domesticated flock of sheep. Nietzsche understood it perfectly, but when will we be able to fully assimilate what this meant and what it still means today?
Christianity was the vampire of the imperium Romanum — overnight it destroyed the vast achievement of the Romans: the conquest of the soil for a great culture that could await its time. Can it be that this fact is not yet understood?
Paul, the Chandala hatred of Rome, of ‘the world’, in the flesh and inspired by genius—the Jew, the eternal Jew par excellence...
What he saw was how, with the aid of the small sectarian Christian movement that stood apart from Judaism, a ‘world conflagration’ might be kindled; how, with the symbol of ‘God on the cross’, all secret seditions, all the fruits of anarchistic intrigues in the empire, might be amalgamated into one immense power...
‘Salvation is of the Jews’. Christianity is the formula for exceeding and summing up the subterranean cults of all varieties, that of Osiris, that of the Great Mother, that of Mithras, for instance: in his discernment of this fact the genius of Paul showed itself.
This was his revelation at Damascus: he grasped the fact that he needed the belief in immortality in order to rob ‘the world’ of its value, that the concept of ‘hell’ would master Rome, that the notion of a ‘beyond’ is the death of life... Nihilist and Christ: they rhyme, and they do more than rhyme.
Nietzsche wrote:
Didn’t Israel attain, precisely with the detour of this ‘Saviour’, of this apparent enemy against and dissolver of Israel, the final goal of its sublime thirst for vengeance?
Isn’t it part of the secret black art of a truly great politics of revenge, a farsighted, underground, slowly expropriating, and premeditated revenge, that Israel itself had to disown and nail to the cross, like some mortal enemy, the tool essential to its revenge before all the world, so that ‘all the world’, that is, all Israel’s enemies, could then take this particular bait without a second thought?...
At least it is certain that sub hoc signo Israel, with its vengeance and transvaluation of the worth of all other previous values, has triumphed again and again over all other ideals, over all nobler ideals.
https://www.johnkaminski.org/index.php/john-kaminski-american-writer-and-critic-2/205-rome-vs-judea-judea-vs-rome…
When losing a discussion on the facts of 9/11, a so-called 9/11 "debunker" will often rely on an old canard to "prove" that 9/11 could not have been an inside job: "So many people want their quarter…
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