IT’S NOT A “FISCAL CLIFF” … IT’S THE DESCENT INTO LAWLESSNESS ( Part 2 )

IT’S NOT A “FISCAL CLIFF” … IT’S THE DESCENT INTO LAWLESSNESS ( Part 2 )

Lawless Justice System
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 main business model adopted by 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.

COMMENT:

Iceland would be an example of a nation..a culture..that looks out for its citizens best and better interests. It’s ex politicians and bankers went behind their backs and engaged in very unethical practices…abusing the public trust, and had the country at the fiscal cliff.  Rather than be slaves , they used their classic right as citizens to say F*CK YOU , take charge,and take back their country.  No more tyranny by the traitorous and treacherous minority. Cut to the chase …no BS.  Politicians bankers and the legal profession are generally Bully Bullshit Bluffers anyway and run when people stand up to them.

However, Iceland was small enough to identify and contain the cancer and remove it…..  clean house expeditiously…the US has been for decades infiltrated by an elite cabal that slowly but surely set this up over 100 years ago. One internet radio hosts says that history has shown these ponzi schemes from Private Central banks usually last approx. 100 years then collapse…..(Note US Federal Reserve created in 1913)

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.

COMMENT

The term “Fiscal Cliff” was probably invented as a PR term..to deflect attention….much like robbing  bank may  be called temporarily bankrupt…It is corruption, but the most insidious kind..if one researches it….it is” in your face” legalized ie the US lobbying system..conflict of interest rules  literally non -existent. In addition ,as I stated before….these parties in office  aka the SHIT that floats to the top , …that get in office and stay in office is either compromised going in..or soon after…(aka blackmail-able)and easily disposed of if they don’t follow the Shadow Gov’ts orders.You have Executives of private firms being appointed to high ranking Gov’t roles…and vice versa..as well as the revolving door.



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.

COMMENT:  Again, the pre – planned ponzi scheme implosion, the “controlled demolition” of the economy. The plan is to rack up so much paper debt…the final blow is massive tax increases….then when the last feather is plucked…forefeiture of REAL ASSETS..especially those once owned by the Public. Again, the scam is create worthless money…..lend it to Gov’t…and the magic trick of it being interchangeable and equated with real assets.

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.

COMMENT:  Implication was the the feudal system always existed, never stopped…we were fooled via the Elite Interests into thinking we were free and democratic. No, the Banking System replaced the OLD “serf and feudal lord”..we are what is referred to as DEBT SLAVES….much of what we work is submitted back to the Private Banksters via Income Tax…which, ironically came about as a means to pay off War Debts.…y’know those Banker created wars that for 100’s of years killed Hundreds of Millions and the survivors on both sides are then debt slaves to pay for the weapons that killed their fellow man. aka your sweat and labour  is ultimately converted into blood money aka “taxes”.

Ultimately, the plan is to take away private property under the  “touchy feely” guises of communal use…then WHAM….to be controlled and managed by a Central “Big Brother” Gov’t..equality at the lowest common denominator.

Indeed:

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.

COMMENT:

Again..the old “Something” from N-O-T-H-I-N-G.

In hindsight and reflection, it may be useful to define a time frame things started to crumble…perhaps the 1980’s.  

There is a line in the 1980’s Movie “Wall Street ” where Michael Douglas states that he creates N-o-t-h-i-n-g but owns Everything. How’s that possible ?

Michael Douglas’s character was a person who made fortunes by playing monopoly with existing companies…they were called Corporate Raiders. What they would do is manipulate stock prices….they would identify companies they felt were worth more than the stock current price reflected. One strategy was to buy large blocks of stock, then threaten to take over the company via hostile takeover. Sometimes the company would fight off this takeover, finding  a white knight that would bid more for the stock. This was no problem for the Corporate Raiders…they would sell their stock ar a premium and cash out. OR…the company was bought and then it was sold off in pieces.

In essence no REAL wealth was created…they used a magic trick of equating something “real and tangible” with pieces of paper. These corporate raiders would take companies started with blood sweat and tears  that grew, provided jobs and were very viable, and within a few months would gut it via the corrupt power of the stock market system  simply to make a few bucks and reduce the company and the jobs to ZERO.

Another phenomenon was the MBA degree…..whereby companies fell all over themselves hiring MBA’s in the 1980’s. Why ? The product was often a 25 year old post graduate student and yet given the keys to management ?  The premise was that they could be plugged into ANY company regardless of ANY real experience.The days of a person starting out at the shittiest job in a given company but working their way up, learning the given business, were dying off.  Even more intriguing is the premise that these MBAs were produced and promoted to wreak havoc in the economy .

Read Michael Lewis’ expose’ book  “Liars Poker “.

It should be noted that while these corporate raiders were plundering US companies and killing jobs….there was the Savings and Loans Banking scandals . We were also entering the 1990’s, and various trade agreements established that began to hollow out the western economies and move production to offshore to places like China.

( To Be Continued )

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