Submitted by George Washington
on 12/24/2012
{
That’s certainly been my direct experience, and I’ve been warning and ‘yelling
from the rooftops’. Nobody listened! It’s time to pay the piper! : Chief
Justice John Roberts Bowed To Political Pressure And Changed His Vote On
Obamacare http://albertpeia.com/nolegalsystem.htm { The unfortunate reality is what I’ve
alluded to in the context of my own direct experience; viz., america’s ‘legal
system’ is an illegal system used to cover-up crimes, arbitrarily enforce laws
to apply pressure, etc., and essentially run by the inmates of this collective
criminal entity called america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm }
[ .. (the following incident is my personal experience: black perps, white
victims)' ... while walking through Military Park (a sliver of a 'park' - more
a pedestrian thoroughfare/cement walks) in newark, new jersey on the way to the
bank during lunch hour, I heard the clearly audible screams/cries of what
turned out to be an old lady on the ground with blood streaming from her mouth.
I ran toward the sound of the cries, the source of which I could not see
because there were so many people in and about this thoroughfare so as to block
any vision of the source of the cries. When I came to the woman, on the ground,
blood streaming from her mouth, I asked what happened, to which she responded
she had been hit in the mouth and knocked to the ground, her purse stolen/put
inside her shopping bag, and she pointed out the criminal casually now walking
across the main street. Nobody stopped to help her, many having passed her by.
I slammed the thug to the ground so hard that, in light of all the blood and confusion
(limbic system / adrenalin flow) I thought I had been stabbed (the blood was
from his elbows hitting the pavement so hard - no one helped / a crowd gathered
/ an undercover cop happened along). When I testified at the Grand Jury
Proceeding I made sure his threat on my life was set forth in prima facie
fashion so as to maximize the DA's position with both felonies ( he went to
prison - pled out ). The other case I wrote about here ( This was included on
my website in the Psychology forum discussion of 'bystander effect' / diffusion
of responsibility. ) - Having had occasion to have run down a mugger in newark,
n.j. who apparently had followed a girl from the bank on her way to the bursar
to pay tuition, though in pretty good shape, I was astounded by how totally
exhausting such a pursuit was, how much like rubber my arms were when I traded
punches with the perpetrator, and truth be told, if I had a flashlight on my
belt, I have little doubt that I would have probably used it to subdue the perp
(a police officer here in California was the object of intense criticism for
having used a flashlight to subdue a criminal after a long chase so I included
that here) . The girl was not that seriously injured, did get her pocketbook
and tuition back, and the criminal went to jail (where they belong). The other
thing about such a pursuit that amazed me was that no one else assisted the
girl or me despite being in a position to do so. I was also mugged by 4 blacks
and 2 hispanics in an incident here in Los Angeles, CA. But, to be fair and
balanced, the RICO litigation involves those uncivilized who consider
themselves 'whites' http://albertpeia.com/ricosummarytoFBIunderpenaltyofperjury.pdf
(predominantly but not exclusively jews / romans-italians / mobsters /
government slugs). http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm
]
FACEBOOK
RESPONSE:
Bob: I'm 100%
behind law enforcement in their ever more increasingly difficult task of law
enforcement, in this ever more lawless nation, particularly in meaningfully
lawless new jersey. Unfortunately, when I went to vote, I was asked to grant
facebook broad 'authority' which as a matter of internet policy (to prevent a
multitude of problems, hacking, etc.) I don't do (facebook's very politicized
in a pro-wobama way and hooked into those goldman frauds et als, on fraudulent
wall street). Since wobama people do it, you can put in an extra vote on my
behalf. I'm currently stonewalled awaiting a formal reply from the fbi inasmuch
as I must account for my time wherever I ultimately locate. Below is some
recent posted commentary and a response to Congresswoman Roybal-Allard as per
her request (I did not receive a reply from Sen. Feinstein regarding the
aforesaid matters). Hope you and your family are well.
Regards,
Al
Dianne Feinstein: No need to
debate Republican opponent... { Riiiight! Things are going so
swimmingly (as in drowning) for the nation and california particularly.
Actually, I responded to a ‘generic’ email / facebook request from her with my
subsequent request that she help to elicit a formal response from the FBI as
promised regarding the RICO matters (the other incompetent, failed perrenial
senator barbara boxer actually had ‘made her presence known’ in the corrupted
process regarding usdcj matz/lester and the default of the u.s. which missed
the filing date which error was compounded by the misstatement of the rule in
court on the record by asst. us attorney robert i. lester); but, no response... http://albertpeia.com/selfdefense.htm [ One thing is certain from my own direct
experience { The unfortunate reality is what I’ve alluded to
in the context of my own direct experience; viz., america’s ‘legal system’ is
an illegal system used to cover-up crimes, arbitrarily enforce laws to apply
pressure, etc., and essentially run by the inmates of this collective criminal
entity called america: http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm } ; despite enormous amounts of taxpayer money
poured into the ‘federal system’, there’s relatively/proportionately very
little real significant results (an example would be the brutalizing of Martha
Stewart over a $45 thousand transaction while wall street frauds in the
trillions by the biggest players have gone unprosecuted). I believe reasonable
diligence requires self-reliance more than ever before in this nation’s
history; particularly when political correctness in some states prevents
calling a spade a spade to the substantial detriment of law enforcement! ]
11-5-11 Dear Congresswoman Roybal-Allard:
The Keynesian (economic)
approach, if ever a wise prescription for ‘economic doldrums’, euphemistically
speaking (there are articles/studies/data that dispute the purported
effectiveness of the widely hailed ‘Keynesian remedy’ during the prior great
depression), the ‘Keynesian way’ is certainly no longer a prudent approach
today in light of the insurmountable debt levels of nations worldwide and in
america particularly along with the concomitant over-printed, debased ‘paper
currencies’ to finance same. Quite simply, there simply is not enough real
value being created for redistribution, a situation exacerbated by the
parasitic lightening fast, computerized churn and earn high frequency trading
programs on fraudulent wall street (they should be prosecuted, jailed, fined,
and disgorgement imposed for extant frauds in the trillions now marked to
anything as per misguided legislated FASB rule change). [ America’s debt woe is worse than Greece’s News (CNN) — ‘Our government is utterly broke …The government’s
total indebtedness is $211 trillion’. 43,454,601,693,238
Reasons Why The World Is Broke – Presenting The Interactive Global Debt Clock Zero Hedge
October 17, 2011 http://www.economist.com/content/global_debt_clock
] .This is the consequence of a structural shift fed by greed and misguided
policy and cannot be undone (transfer of productive capacity to ie., China,
etc., ‘the bell cannot be unrung’). That said which militates against such an
extension, this is an election year which probabilities suggest makes highly
likely the passage of the extension. I favor your co-sponsored legislation and
before the holidays simply in the name and spirit of Christmas and for no other
reason whatsoever. Below is a recent comment to Opinion Writer Krauthammer’s
‘more war spending (Keynesian) position’ and an article regarding the folly of
same. Immediately following is from my prior post to you concerning something
of such manageable proportion and well within the government’s ability to
resolve (if the government can’t accomplish this consistent with law and long
overdue, then there isn’t anything the government can accomplish), along with
other comments to you for ease of reference:
‘…As previously noted in
a prior message to you, I had previously spoken to FBI Agent Bill Lewis in
Washington who was recently promoted to the FBI Headquarters Office (D.C.) from
the FBI office here in LA, and who was to be out of the office for the two
weeks past. I’ll be contacting him given a reasonable time for him to ‘catch
up’, from being out of the office. While independent contractor richard coan is
ultimately the one to bear the burden of damages (there’s insurance and a
surety covering same), coan might allude to the prior default of the u.s.
government (assist. u.s. atty. robert i. lester miscounted / miscalculated the
time for filing an answer / response to the complaint upon service thereof,
also misstating the rule in open court before corrupt judge matz who
‘schmoozed’ things over (they both have the same employer), however incorrectly
according to the ‘law’. I ordered / bought a copy of the transcript of that
rather pathetic proceeding (posted in part on my website). In any event,
regardless who pays me, the amounts so paid would ultimately be recovered from
coan, his insurer/surety which amounts might even exceed the amount I’m willing
to settle at. [There is also a judgment (referenced in the correspondence to
FBI ADIC Martinez infra) that had been entered in my favor in the case, United
States District Court Case #3:93cv02065(AWT)(USDCJ Alvin Thompson), worth
approximately now in excess of $300,000 remains unaccounted for and which would
benefit Los Angeles, etc.; and then, of course as well, the substantial
damages. ] I’ve waited far too long for this matter to resolve, what should
have been resolved in accordance with clear law long ago; and, which would have
been resolved if not for typical u.s. corruption in the process; and, which is
well within the government’s ability to resolve. In my world and way of
thinking, results do count! I’ve included prior correspondence for ease of
reference…’
Sincerely,
Albert L. Peia
America
also leads in the illegal drug trade. In fact, many researchers reveal
that the war on drugs is only utilized to control and monopolize
the illicit drug trade. The US government has been caught multiple times shipping in cocaine
[ http://www.youtube.com/watch?v=bQvbdiWgwsA
, http://www.youtube.com/watch?v=UQNSoOX-dcw&feature=related
, http://www.youtube.com/watch?v=gG1Id2qpSOE&feature=related
, http://www.youtube.com/watch?v=tIEUhpxeuP4&feature=related
, http://www.youtube.com/watch?v=DyM43Sw2OVc&feature=related
] , colluding
with certain cartels [ http://www.americanthinker.com/blog/2011/08/does_mexican_drug_cartel_have_deal_with_us_government.html
] to control the industry, and now openly protects and
transports opium from Afghanistan [ http://www.youtube.com/watch?v=ElEciFI0Pew
] . In fact, Global Research points out that in 2001, “according to UN figures, opium production had
fallen to 185 tons. Immediately following the October 2001 US led invasion,
production increased dramatically, regaining its historical levels.” This
month, the U.N. announced that Afghanistan now provides 93% of the world’s opium production [ http://www.nytimes.com/2011/10/12/world/asia/un-reports-sharp-rise-in-opium-production-in-afghanistan.html?_r=2&ref=world
] ; up 61% compared to 2010 to a
whopping 5800 tons. Although the empire tries to keep it secret,
they can’t hide the hypocrisy forever. [ website
archived links http://albertpeia.com/uscocainedistributionfiles.htm
Drug
war hypocrisy: drug trafficking’s big money benefits Big Brother and corrupt
banksters PF Louis
| The hypocrisy of the war on drugs is centers on the amount of drug
trafficking that benefits the CIA and international banking system. Natural
News February 1, 2012 [ [ http://albertpeia.com/americangovernmentdrugtrafficking.htm http://albertpeia.com/americascorruptiondrugtrade.htm http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf
http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
http://albertpeia.com/fbimartinezcongallard.htm
http://albertpeia.com/stansberrycorruptiondeclineofamerica.htm ] ‘The hypocrisy of the
war on drugs is outrageous when compared to the amount of drug trafficking that
benefits the CIA and international banking system. The son of a convicted
notorious mobster, John Gotti Jr, when asked in court if the family still dealt
drugs cracked, “No, we can’t compete with the government.”
Guest
Post: The West Has Just Become A Giant Banana Republic ZeroHedge.com by Tyler
Durden { Yeah! This really is too
true for words! It’s been my direct experience for quite some time now and is
quite a pathetic scenario! } Legal precedent means nothing. Rule of law
means nothing. Free speech means nothing. Their own treaties mean nothing.
It’s unbelievable. Anyone in the west who honestly thinks he’s still
living in a free society is either a fool or completely out of touch. If
that seems too radical an idea, consider that ECUADOR is now the only
nation which stands to defend freedom and human rights against an assault
from the United States, the United Kingdom, and their spineless allies.
The west has just become a giant banana republic. Have you hit
your breaking point yet? If not now… when? { { I’m really constrained to interject my own direct experience
with the FBI here; and, I must say I do so lamentably. If you want no real
results vis-à-vis organized crime which now extends to the upper reaches,
highest levels of the corrupt u.s. government, go to the FBI. I discounted the
new jersey FBI as just typical corrupt, mob infested jersey which thinks in
terms of discos/casinos. But, truth be told, they never ask the ‘tough’
questions of the biggest criminals; ie., the biggest wall street frauds, cia
connected illegal ‘drug ops’ (ops…riiiiight), federal judges ie., trump barry,
shiff, alito, etc.; but, they did go after Martha Stewart in a very big way
over a $45,000 transaction. Wow! You can’t make this stuff up. I also don’t
believe their (understated) crime stats for even a second. I’m beginning to
feel foolish for having even put my full faith and trust in them, much less the
‘federal (judicial) system’ who share the ‘same employer’; and, despite my
antipathy for the mob, probably would have fared ‘more fairly’ with the
mobsters directly who seem to have at least some sense of the magnitude of the
fraud involved and the pervasive corruption of the system and government and maybe
a semblance of honor in this nation of protracted decline. It never would have
occurred to me back when for me, such a choice/decision was clear-cut and
simple. Such a course as mine I no longer could recommend inasmuch as there is
little difference between state/government sponsored crime/corruption and that
perpetrated by other criminal elements, from my direct experience with both,
infra: Debauchery:
An American specialty
In the land of Lindsay Lohan and Snooki, some federal workers reflect our
culture all too well. (Washington Post) [ Lindsay Lohan? Come on Mr. Milbank,
hands off the low hanging fruit. She’s totally harmless. Jersey ‘italian’
snooki? In mob infested new jersey, who knows (one of the properties in my
proceedings for which surplus funds are unaccounted for was a top floor
balconied 2 bedroom 1 and 1/2 bath condominium (beach/boardwalk front w/indoor
pool/sauna) in seaside heights, n.j. –10-31-12 Post Sandy: I’m wondering if
it’s still there. ). But debauchery an american specialty? Another rare
instance wherein I agree with Mr. Milbank completely. 25
Signs That America Is A Seething Cesspool Of Filth And Corruption http://albertpeia.com/25signsamericacesspooloffilthcrimeandcorruption.htm . Review
of flawed forensics held close to vest EXCLUSIVE | Documents and interviews show FBI and
Justice Department officials took steps to control information uncovered by a
task force designed to examine cases involving discredited agents. Many
defendants were never notified of flaws in cases. ‘Simply
unconscionable’
(Washington Post) [ Well, I really have to say this. I’m awaiting word from the
FBI as to resolution, one way or the other, concerning the RICO matters which
have been systematically and corruptly covered up by the government (executive,
legislative, and judicial branches of the pervasively corrupt, defacto bankrupt
u.s. government http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf http://www.albertpeia.com/112208opocoan/PeiavCoanetals.htm
) . Never in my wildest dreams would I have believed
the level and extent of corruption and criminality within the ranks of the u.s.
government before embarking upon this costly quest for justice and simple
fairness consistent with clear law (infra, regarding the u.s. government’s
direct involvement in the illegal drug trade). In this civil RICO matter, there
are no innocent bystanders; but rather, perpetrators, accomplices, and
co-conspirators. When the fbi agent initially assigned to this matter
(Connecticut) abruptly resigned/retired shortly after a conversation, though
not central to my case, wherein I had said that rudy giuliani’s father had been
an (convicted) enforcer for the mob (served 12 years? in prison, aggravated
assault/manslaughter?) and then sent him documentation owing to his disbelief.
Though ultimately ineffectual vis-à-vis my case, he was a likeable guy for whom
I had and still have regard. I then spoke with FBI Agent Jeff Rasey upon the
aforesaid agent’s departure who somewhat plaintively (‘my call being a burden’)
told me that ‘he was a Ford, and I was a Ferrari’, which he didn’t explain
further. Could anyone tell me what that means? Initially, at new jersey’s FBI
office, I was ‘greeted’ by an FBI Agent who sarcastically asked me whether I
was ‘going to the disco that night’ (the documents including sworn statements
delivered to then u.s. attorney sam alito’s office in the same building
disappeared twice along with the initial assistant u.s. attorney Jonathan Lacey
with whom I had reviewed the documentary evidence, documents and their
probative value http://www.albertpeia.com/112208opocoan/ricosummarytoFBIunderpenaltyofperjury.pdf . We all can infer sam alito’s
reward / quid pro quo for his cover-up by his current position on the u.s.
supreme court. There was never a question as to maryanne trump
barry’s interest in corrupting the judicial process as related to her brother’s
(trump) casinos. Jersey city boy louis freeh, labeled by former Prosecutor
Larry Klayman as the most corrupt FBI director ever (see infra, mueller seems
no different, and certainly holder’s impeachable actions and corrupt
behavior/cover-ups fit the mold, ie., fast and furious, race bias favoring
blacks, etc.) apparently covered up the RICO violations as sent to him, and,
with italian citizenship and lucrative insider deals fits the bill. The FBI
Agent Jeff Hayes of the Long Beach Office with whom I reviewed the RICO
documents and confirmed same as indicative of (drug) money laundering was
transferred shortly after meeting with him, as has been so of FBI Agent Bill
Lewis (promoted to Washington FBI headquarters) with whom I discussed the RICO
matter and case disks/dvd’s sent to the LA FBI office (they printed the
documents thereon, as per Agent Lewis), Steven Martinez, ADIC, here in Los
Angeles (see infra). So, as regards FBI flaws, coverup, etc., I have to believe
it based on my own experience and reasonable inference. I’m currently being
‘stonewalled’ by the LA FBI office since the departure of FBI Agent Bill Lewis. }
‘The
“fiscal cliff” is a myth.
Instead,
what we are facing is a descent into lawlessness.
Wikipedia
notes:
In
many situations, austerity programs are imposed on countries that were
previously under dictatorial regimes, leading to criticism that
populations are forced to repay the debts of their oppressors.
Indeed,
the IMF has already performed a complete
audit of the whole US financial system, something which they have only
previously done to broke third world nations.
Economist
Marc Faber calls the U.S. a “failed state“. Indeed, we no longer have a
free market economy … we have fascism, communist style socialism, kleptocracy, oligarchy or banana republic style corruption.
Let’s
look at some specific examples of our descent into lawlessness.
The
central banks’ central bank – the Bank for International Settlements- warned in 2008 that bailouts of the big banks would
create sovereign debt crises … which could bankrupt nations.
That
is exactly what has happened.
The
big banks went bust, and so did the debtors. But the government chose to save the big banks instead of the little guy, thus allowing the
banks to continue to try to wring
every penny of debt out of debtors.
Treasury
Secretary Paulson shoved bailouts down Congress’ throat by threatening martial law if the bailouts
weren’t passed. And the bailouts are now perpetual.
The
bailout money is just going to line the pockets of the wealthy, instead of helping
to stabilize the economy or even the companies receiving the bailouts:
Bailout
money is being used to subsidize companies run by horrible
business men, allowing the bankers to receive fat bonuses, to redecorate their offices, and to buy gold toilets and prostitutes
A
lot of the bailout money is going to the failing companies’ shareholders
Indeed,
a leading progressive economist says that the true purpose of the bank rescue plans is “a
massive redistribution of wealth to the bank shareholders and their top
executives”
The
Treasury Department encouraged banks to use the bailout money to buy their
competitors, and pushed through an amendment
to the tax laws which rewards mergers in the
banking industry (this has caused a lot of companies to bite off more than they
can chew, destabilizing the acquiring companies)
And
as the New York Times notes, “Tens of billions of [bailout] dollars
have merely passed through A.I.G. to its derivatives trading partners”.
***
In
other words, through a little game-playing by the Fed, taxpayer money is going
straight into the pockets of investors in AIG’s credit default swaps and is not
even really stabilizing AIG.
Moreover, a large percentage of the bailouts
went to foreign banks (and see this). And so did a huge portion
of the money from quantitative easing. Indeed, the Fed bailed
out Gaddafi’s Bank of Libya), hedge fund billionaires, and big companies,
but turned its back on the little guy.
A
study of 124 banking crises
by the International Monetary Fund found that propping up banks which are only pretending to be
solvent often leads to austerity:
Existing
empirical research has shown that providing assistance to banks and their
borrowers can be counterproductive, resulting in increased losses to banks,
which often abuse forbearance to take unproductive risks at government expense.
The typical result of forbearance is a deeper hole in
the net worth of banks, crippling tax burdens to finance bank bailouts, and
even more severe credit supply contraction and economic decline than would have
occurred in the absence of forbearance.
Cross-country
analysis to date also shows that accommodative policy measures (such as
substantial liquidity support, explicit government guarantee on financial
institutions’ liabilities and forbearance from prudential regulations) tend to
be fiscally costly and that these particular policies do not necessarily
accelerate the speed of economic recovery.
***
All
too often, central banks privilege stability over cost in the heat of the
containment phase: if so, they may too liberally extend loans to an illiquid bank
which is almost certain to prove insolvent anyway. Also, closure of a nonviable
bank is often delayed for too long, even when there are clear signs of
insolvency (Lindgren, 2003). Since bank closures face many obstacles, there
is a tendency to rely instead on blanket government guarantees which, if the
government’s fiscal and political position makes them credible, can work albeit
at the cost of placing the burden on the budget, typically squeezing future
provision of needed public services.
In
other words, the “stimulus” to the banks blows up the budget, “squeezing”
public services through austerity.
Numerous
top economists say that the bank bailouts are the largest robbery
and redistribution of wealth in history.
Why
was this illegal? Well, the top white collar fraud expert in the
country says that the Bush and Obama administrations broke the law by
failing to break up insolvent banks … instead of propping them up by
bailing them out.
And
the Special Inspector General of the Tarp bailout program said that the Treasury Secretary lied to
Congress regarding some fundamental aspects of Tarp – like pretending that the
banks were healthy, when they were totally insolvent. The
Secretary also falsely told Congress that the bailouts would
be used to dispose of toxic assets … but then used the money for something else
entirely. Making false statements to a federal official is illegal,
pursuant to 18 United States
Code Section 1001.
So
breaking the rules to bail out the big, insolvent banks, is destroying our
prosperity.
A
strong rule of law is essential for a
prosperous and stable economy, yet the government made it official policy not
to prosecute fraud, even though criminal fraud is the main business model adopted by the giant banks.
The
perpetrators of the biggest financial crime in
world history, the largest insider trading
scandal of all time, illegal raiding of customer accounts and blatant financing of
drug cartels and terrorists have all gotten away scot-free without any jail
time.
There
are two systems of justice in America
… one for the big banks and other fatcats, and one for everyone else.
While
Iceland prosecuted its top criminal bankers,
and thus quickly got through its financial problems and now has a vibrant
economy, the American government has done everything it can to cover up fraud, and has been actively encouraging
criminal fraud and attacking those trying to blow the whistle.
The
rule of law is now as weak in the U.S. and UK as many countries which we would
consider “rogue nations”. See this, this, this, this, this, this, this, this, this, this and this.
This
is a sudden change. As famed Peruvian economist Hernando de Soto notes:
In
a few short decades the West undercut 150 years of legal reforms that made the
global economy possible.
Moreover,
U.S. government personnel are on the take. They have become so corrupt that
regulators are literally
sleeping with industry prostitutes … while they pimp out the American people.
The
corruption of government officials is staggering, and the system of
government-sponsored rating agencies had at its core a model of bribery.
We’ve
gone from a nation of laws to a nation
of powerful men making one-sided laws to protect their own interests … in secret. Government folks are using laws to crush dissent. It’s
gotten so bad that even U.S. Supreme Court justices are
saying that we are descending into tyranny.
It’s
not a “fiscal cliff” … it’s an attempt to rape America … just like Greece and Ireland have
been plundered.
Economics
professor Randall Wray writes:
Thieves
… took over the whole economy and the political system lock, stock, and barrel.
They didn’t just blow up finance, they oversaw the swiftest transfer of wealth
to the very top the world has ever seen. They screwed workers out of their
jobs, they screwed homeowners out of their houses, they screwed retirees out of
their pensions, and they screwed municipalities out of their revenues and
assets.
Financiers
are forcing schools, parks, pools, fire departments, senior citizen centers,
and libraries to shut down. They are forcing national governments to auction
off their cultural heritage to the highest bidder. Everything must go in
firesales at prices rigged by twenty-something traders at the biggest and most
corrupt institutions the world has ever known.
Economics
professor Michael Hudson agrees … saying that the banks are trying to roll back
all modern laws and make us all serfs.
Professor
Hudson explained in 2008:
You
have to realize that what they’re trying to do is to roll back the
Enlightenment, roll back the moral philosophy and social values of classical
political economy and its culmination in Progressive Era legislation, as well
as the New Deal institutions. They’re not trying to make the economy more
equal, and they’re not trying to share power. Their greed is (as Aristotle
noted) infinite. So what you find to be a violation of traditional values is a
re-assertion of pre-industrial, feudal values. The economy is being set back on
the road to debt peonage. The Road to Serfdom is not government sponsorship of
economic progress and rising living standards, it’s the dismantling of
government, the dissolution of regulatory agencies, to create a new feudal-type
elite.
Foreign
Policy magazine ran an article entitled “The Next Big Thing: Neomedievalism“,
arguing that the power of nations is declining, and being replaced by
corporations, wealthy individuals, the sovereign wealth funds of monarchs, and
city-regions.
Indeed,
this
isn’t the “Great Recession”, it’s the Great Bank Robbery. The big banks
have pillaged and looted the rest of the world.
A
lawless justice system is ruining the economy.
The
non-partisan Government
Accountability Office calls the Fed corrupt and
riddled with conflicts of interest. Nobel prize winning economist
Joseph Stiglitz agrees, saying that the
World Bank would view any country which had a banking structure like the Fed as
being corrupt and untrustworthy. The former vice president at the Federal
Reserve Bank of Dallas said said he worried that the failure of the
government to provide more information about its rescue spending could signal
corruption. “Nontransparency
in government programs is always associated with corruption in other
countries, so I don’t see why it wouldn’t be here,” he said.
Moreover,
the Fed has broken the law by withholding information from
Congress, letting unemployment rise
in order to keep inflation low, and otherwise exceeding its authority under the
Federal Reserve Act.
Acting
in a lawless and unaccountable fashion is hurting the economy.
The
ability of the people to participate in their government’s decision-making is vital for a nation’s prosperity.
But we no longer have democracy or a republican form of government in America.
The
big banks own Washington D.C.
politicians, lock stock and barrel. See this, this, this and this. Two
leading IMF officials, the former Vice President of the Dallas Federal Reserve,
and the the head of the
Federal Reserve Bank of Kansas City, Moody’s chief economist and many others have all said that
the United States is controlled by an “oligarchy” or “oligopoly”, and the big
banks and giant financial institutions are key players in that oligarchy.
Laws
are being passed in secret, and not even Congress knows what’s
going on.
In
other words, not only the justice system, but the entire system of American
representation has been corrupted, thus harming the economy.
Personal
freedom and liberty – and freedom from the arbitrary exercise of government
power – are strongly correlated with a healthy economy, but America is
descending into tyranny.
Authoritarian
actions by the government interfere with the free market, and
thus harm prosperity.
U.S.
News and World Report notes:
The
Fraser Institute’s latest Economic Freedom of the World Annual Report is out,
and the news is not good for the United States. Ranked among the five freest
countries in the world from 1975 through 2002, the United States has since
dropped to 18th place.
The
Cato institute notes:
The
United States has plummeted to 18th place in the ranked list, trailing such
countries as Estonia, Taiwan, and Qatar.
***
Actually,
the decline began under President George W. Bush. For 20 years the U.S. had
consistently ranked as one of the world’s three freest economies, along with
Hong Kong and Singapore. By the end of the Bush presidency, we were barely in
the top ten.
And,
as with so many disastrous legacies of the Bush era, Barack Obama took a bad
thing and made it worse.
But
the American government has shredded the constitution, by subjecting us to
indefinite detention, taking away our due process rights,
deploying drones above our heads, spying
on all Americans, and otherwise acting in attacking our freedoms.
Indeed,
rights won in 1215 – in the Magna Carta – are being repealed.
Economic
historian Niall Ferguson notes, draconian national security laws are one
of the main things undermining the rule of law:
We
must pose the familiar question about how far our civil liberties have been
eroded by the national security state – a process that in fact dates back
almost a hundred years to the outbreak of the First World War and the passage
of the 1914 Defence of the Realm Act. Recent debates about the protracted
detention of terrorist suspects are in no way new. Somehow it’s always a choice
between habeas corpus and hundreds of corpses.
Of
course, many of this decades’ national security measures have not been taken to keep us safe in the “post-9/11 world” … indeed, many of them started before 9/11.
And
America has been in a continuous declared
state of national emergency since 9/11, and we are in a literally
never-ending state of perpetual war. See this, this, this and this.
In
fact, government has blown terrorism fears way
out of proportion for political purposes, and “national security” powers
have been used in many ways to exempt big Wall
Street players from the rule of law rather than to do anything to protect us.
So
lawlessness infringement of our liberty is destroying our prosperity.
It
is well-documented that war destroys
the economy.
Top
U.S. government employees lied us into war, and used
illegal torture, assassinations and other crimes of war in prosecuting the
wars they unnecessarily started. They were – at a minimum – criminally negligent for failing to stop 9/11
(and see this).
In
the name of fighting our enemies – the U.S. has directly been supporting Al Qaeda
and other terrorist groups for the last decade. See this, this, this, this and this.
Our
use of torture has also created many more terrorists than it has
prevented.
Security
experts – including both conservatives and liberals – agree that waging war in
the Middle East weakens national security and increases terrorism. See
this, this, this, this, this,
this, this and this.
Indefinite
detention, drone-strikes on innocent civilians, occupation of foreign countries,
and most of America’s other tactics in the “war on terror” increase terrorism.
Terrorism
feeds the cycle of war … and is thus harming our economy. (and because
terrorism spooks people, they spend less, which further
harms the economy).
So
lawlessness in starting and prosecuting war is destroying our prosperity.
Postscript: We’re not facing a “fiscal cliff”.
We’re facing a descent into lawlessness. Stopping the fraudulent schemes, endless bailouts and
imperial adventures is the place to start’. ‘