Legality and Humanity part company when the demands of a dead thing, a corporation, are given priority over life. At the heart of the matter is the love of money and the lust for power.
These days, we have so many influences bringing out glaring contrasts between Bureaucracy and Humanity. The hot spot today is the Federal Budget debate. This is nothing new. We’ve been watching people threaten each other with poverty since forever. It is during these bouts of confusing numbers and inflammatory ultimatums that we are reminded that turning on floodlights in a crowded bar, at midnight, can expose a lot of surprises.
It is in the contrasts, brought out it all their naked glory, that we see the behavior that causes us to cringe at admitting that we are associated with any of this mockery of all things American. Yet, we need this. We need to understand that Bureaucracy is anti-human. It is cannibalistic. Even in it’s most commercial context, it is impossible to find any compassion or grace for the behavior of Bureaucracy. Something happens to people when they gain auspicious titles and put on a suit and tie. In reality, they are no less human. They just act as predatory animals.
There is one thing that we can be sure of. Those who gain by this unreasonable facsimile of a reality show called government will not be found in line when the inevitable next step down in the currency collapse is taken. None will admit complicity in the Ponzi scheme that is the Federal Reserve. There won’t be a deal good enough to persuade the world to buy U. S. Treasury debt. The situation will become institutional looting and piracy.
This is the point when the masks come off and the wolves devour the sheep. The turmoil and protest in other countries will be seen in the United States. Bureaucracy believes that it is a law unto itself. The human common sense response would be to admit that there is a higher court than any institution of Man. But then, Bureaucracy ate of the forbidden fruit and bought into the original lie, long ago. No, the men of renown have not become gods, and their pride is going before destruction.
“The Other Shoe?”
This is just a reminder from my archives. Originally published in June of 2009, this post shows how central banks work the Bait-And-Switch and the Shell Game. We will see this repeated in Greece, Ireland, Portugal, Spain and any other country that bought into the Ponzi scheme. We see interest charged on ledger entries. In reality, the legal definition of money never entered into the transaction and the rhetoric that went with it. Interest is charged on fiction and nations pay with reality. This is how central banks conquer countries with the stroke of a pen.
Just when we thought there was quiet on the bailout front, we get news. Some of the biggest banks are ready to repay billions, but only if the administration will let them. Debt moves from one ledger to another, they call it paid, and the experts are still nervous. We should not buy cars from these people. The repeat offenders have gone way past three strikes, robbing Peter to pay Paul. Apparently, every silver cloud has a manure lining. The short little article in the June 8th Denver Post, written by Binyamin Applebaum and David Cho of the Washington Post covered the bases, pretty well. At least the article acknowledged that this wasn’t actually repayment, but refinancing, through other government programs. This is the same kind of fancy bookkeeping that kept Bernie Madoff out of trouble, for so long. Oh, excuse me. We have experts, now. Are they more expert than they were, in September? They can’t be very bright if they don’t see the same debt load, sucking the life out of the alleged recovery, that I see.
Since September, official statements have implied a perpetual state of revolving debt. The trigger on the next phase of the collapse could be the same funds listed as assets on different institutions books, as assets. In the fractional banking system, that has been possible and by all accounts at various times in history, accepted practice. If currency that doesn’t actually exist can be loaned, how do you prove who really doesn’t have it? there is no pea under any of the walnut shells. Better put some extra currency in the mattress. The pea might be under there.
Some of the quotes from the article are better than reading the comics. The title says, “Doubt lingers ……. “. Oh. That’s what that smell is. The part that stinks is that government borrowed debt and all the taxpayers get is the obligation to pay the interest. In the case of Chrysler, the get stuck with all of it. If the banks get out of the bailout plan, they are then free to pay their executives big bonuses, again. This looks like the second round of the same scam. The only change is that the taxpayers are deeper in debt than ever before. The only change in process is that the economy is now a board game without rules.
The article addresses the concern that all of this bailout activity has created an “artificial environment”. Does this suggest that there was anything real in the last 2 or 3 decades? Alice encounters the White Rabbit on the Planet of the Apes. Yes, that could happen, . . . . . on TV. It’s more likely that small businesses will collapse in droves as the bottom drops out of consumer spending. Microsoft threatened to move jobs out of the U. S. if they don’t get tax breaks on their foreign profits. Could this be the start of something big? Will we hear a “stay the course” speech in the Fall? At present, the “course” may be messy slog through the international swamp. I did say that foreign demands would overwhelm domestic regulation. As reported in the June 9th Denver Post, Canada and the EU are upset about “America first” stipulations on the use of stimulus funds. We’ll see where that comes out. U. S. taxpayers money, U. S. taxpayers jobs. Plainly, this is not the foreigner’s house. It’s not a good time to be sacrificing U. S. jobs. “Unemployed Congresspeople” has a nice ring to it. Since U. S. taxpayers are on the hook for all that stimulus funny money, giving it away to Canada and Europe would bring on economic storm clouds, at a very inopportune time. In fact, the taxpayers are paying for the jobs of the Federal corporation and every stick of furniture in the place. In fact, fire the whole bunch and let the State legislatures run the place. The farther this crisis goes, the more obvious it becomes that the Federal corporation is pricing itself out of the marketplace.
This is one of those moments when the Globalist agenda is out in the open, for all to see. That indicates enough trouble on the horizon, even if there were no mismanagement and embezzlement. For those gluttons for punishment that still believe in staying on to pay their fair share of the Federal debt, at least speak in terms that can be understood. As long as people insist on underwriting bad debt, they have a proprietary claim on both their jobs and the Federal payroll. If domestic jobs fall by the wayside, it should be Federal jobs that go, first. Accountability without punishment is lawlessness.
Where is it?
My Tag Universe
- Who Holds the Title? An Interview with David Dayen 2018 July 16, 2018Who Holds the Title? An Interview with David Dayen By: Austin C. Yenne During the 2007 – 2008 financial crisis, Florida was one of the top states hit with foreclosures. Unfortunately, what wasn’t given enough attention were the many residents that were being foreclosed on illegally. David Dayen came across three ordinary citizens in Lake … Read more4closureFraud