Anti Fascism

Gilad Atzmon: The Credit Crunch is a “Zio Punch”

Here’s Gilad Atzmon on the Credit Crunch (which he calls the “Zio Punch”). Here’s a speech he gave to something called the “Cambridge Forum”:

The following presentation is an effort to disentangle the horrifying tribal plot that accidentally led towards the destruction of the American Empire and Western financial hegemony.

How is that America let its foreign policy be shaped by some ruthless Zionists? How come alleged American ‘free media’ failed to warn the American people of the enemy within?

Money is probably the answer, it indeed makes the world go round, or at least the ‘American housing market’.

Throughout the centuries, Jewish bankers bought for themselves some real reputations of backers and financers of wars [2] and even one communist revolution [3]. Though rich Jews had been happily financing wars using their assets, Alan Greenspan, the Chairman of the Federal Reserve of the United States, found a far more sophisticated way to finance the wars perpetrated by his ideological brothers Libby and Wolfowitz.

You may wonder at this stage whether I regard the credit crunch as a Zionist plot. In fact it is the opposite. It is actually a Zionist accident. The patient didn’t make it to the end. This Zionist accident is a glimpse into Political Zionism’s sinister agenda. This Zionist accident provides us with an opportunity to see that as far as misery is concerned, we are together with the Palestinians, the Iraqis and the Afghans. We share one enemy.

Certain members of the Socialist Workers’ Party devoted a great deal of time and intellectual effort into explaining that Atzmon was not an anti-semite, but just an unconventional anti-Zionist. After all, how ridiculous to suggest that the Socialist Workers’ Party – one of the two parties behind the Unite Against Fascism -could possibly have spent four years promoting a man who was a racist! Impossible!

Well, it is clear that he is not simply an anti-semite. He is a neo Nazi. This is classic fascism: Jews control the financial markets, and Jews control Communism.

The conversation that follows Atzmon’s piece is interesting. Most of the participants are open racists.

However, one of the interlocutors is Ian “Dudley” Donovan, the RESPECT activist. He is clearly a little bit worried that he might have stumbled unwittingly into a nest of fascists:

“This article makes some interesting points, but it really does cross the rubicon to promote some myths that really are anti-semitic.”

No shit, Donovan!

Donovan’s real concern however is that Atzmon’s thesis is anti-Bolshevik:

At the very least, it is contradictory about the myth of Jewish capitalists financing the Bolsheviks. Why on earth would they do that, since the Bolshevik Revolution expropriated both gentile and Jewish capitalist property alike, and made them the property of the Soviet state?

It is deeply unfortunate that the crimes of the Zionist regime have led the likes of Gilad Atzmon, so far in a contradictory manner, and also some (though not all) of those who support Hamas, to believe in this myth of Judeo-Bolshevism. It is actually a peversion of history that helps the Zionists, who also have an interest in slandering the Bolsheviks, albeit it in a slightly different way. They denounce those communist Jews who supported Lenin as traitors to the ‘Jewish’ (in fact Zionist) national cause. And in a sense they are right.

It is no skin off the Zionists’ nose if Hamas supporters and the likes of Gilad Atzmon believe in this nonsense, it all helps them to portray opposition to Zionism as simply motivated by old-style anti-semitism.

Gilad Atzmon responds:

“Ian, go and check out your sources…
Do you want to know why Jewish banker Jacob Schiff sent 20 millions to Lenin? He didn’t really like the ‘anti semitic’ Tzar. Lenin did the job….

However, here we do not believe in ‘anti semitism’. we believe instead that telling the truth about Jewish nationalism and Sayanim is to save life.”

I do realise that it doesn’t fit into your Marxist world view. it didn’t fit into mine either. I just moved on. “

I wonder how many people on the Left have “moved on” in this particular direction.

Incidentally, I’d love to know who participates in this “Cambridge Forum”. I know nothing about it.

PS: Professor Martin Shaw still cannot detect any anti-semitism in Palestinian solidarity politics.


Incidentally, there’s also a theory spreading online that Lehman sent billion to Israel, and that’s why it collapsed


Atzmon has clearly found himself at the receiving end of an angry lawyers’ letter:

In the course of an article entitled “Credit Crunch or rather Zio Punch?” I recently made a comment about Mr John Reynolds, the Chief Executive of Reynolds Partners and chairman of the Ethical Investment Advisory Group. I suggested that some people may think that his call in The Observer to send more Christians to the City was a plea for the financial world to be “spiritually de-Judified”. I want to make it clear that I did not intend to suggest that Mr Reynolds was anti-Semitic or in any way hostile to Jewish people or those of the Jewish faith and I am sorry if my comment was understood by anybody in that way. Mr Reynolds has asked me to clarify the position and I am happy to do so. I would like to apologise for any distress caused.

Note that this is a French translation of his article. All of Atzmon’s pieces are translated into a myriad of languages, and distributed via largely Left leaning sites, around the world.

You can see the original piece <A HREF=””>here</A>, where Atzmon suggests that Reynolds is calling for the City to be “de-Judified”.