Wednesday, January 14, 2009

Obama Steers U.S.S Change to Bankers' Cove


Over the weekend I had the opportunity to read a wonderful essay by ex-Harper's Magazine editor Lewis W. Lapham called "By the Rivers of Babylon." In this essay Lapham explores of the breathtaking pillaging of the State by America's financial entrepreneurial class, a tradition, he points out, going back to the revolutionary war, and as American as apple pie.

I wanted to explore Lapham's thoughts and share them with the reader because it has dawned on me that most Americans are still on soma, still thinking that the State works for them, and that -- hallelujah! -- a black man in office is going to make the world right again.

According to these credulous souls, Obama has now become the collective "we" and now that "we" have the power "we" can steer the leaky, rotting, opium/slave carrying pirate ship safely back on course again. It does not matter to them that Obama has shown his true colors (all the shades of red and green) by nominating war hawks as his VP and secretary of state, and the very people that helped promote the free market deregulation scam that lined the pockets of the financial über class and left the people paupers. No, these people see a black man with a neon halo over his head that blinks "change" over and over again, and, as such, he must be the real deal. These eternal hope addicts make me want to walk the plank of the U.S.S Change to rest in a peaceful, watery grave. At least there are no illusions when your dead.

A few weeks back I was accosted again at the Berkeley flea market by these same Keane-eyed people while looking for a few trinkets for friends and family for the holidays. I couldn't bare to venture into the stores this time of year so the flea market seemed a reasonable solution; however, in hindsight, WalMart's insipid smily faces probably might have been the preferable choice to the parade of Obama "Hope" and "Change" t-shirts that were on display from booth to mangy booth. Here I was accosted by two "hope-fools" asking me how happy I was now that "we" won. Since, I didn't want to sound like a scrooge over the holidays, I just nodded my head in as a sign of concession and resignation so that I could quickly flee Berkeley for the relative sanity of the 'burbs.

What this illustrates is an important aspect of the American mind: the infinitely ability to get fooled over and over and over again. A truly amazing, inexplicable wonder. This explains why Americans have never figuring out that the fast food they are eating is putting so many of them into early graves. And, like fast food burgers, Obama tastes great too, but it's the secret sauce that makes him palatable to Wall Street and the state, and his recipe is a closely guarded secret to his success.

An example of Obama's allegiance to his corporate masters is showing through even though he is not even in office yet. Already he has helped chain the American people to slave galleys in the bowels of the fetid corporate-state frigate. Shortly after the historic election, the masters of finance, in collusion with their congressional scalawags, constructed the largest swindle of taxpayers monies in recorded history -- a stealing of over a trillion dollars in a bailout of Wall Street -- a feat truly breathtaking in scope for its audacity and scale. Lapham lauds their accomplishment:

"The looting of the U.S. Treasury is never an easy trick, but to carry off more than $1 trillion in broad daylight while the members of Congress stand around applauding the exit strategy as one certain to guarantee the health and happiness of the American people is a wonder of entrepreneurial enterprise that surely deserves some sort of tip of the hat. When the James gang robbed the Kansas City Fair in the fall of 1872, the local paper acknowledged the achievement as ' so diabolically daring and so utterly in contempt of fear that we are bound to admire it and revere its perpetrators.'"

What can we say today. Certainly the James gang looks like a bunch of dime store gang bangers compared to the truly fantastical machinations of Hanks gang who managed to rob every single American on the continent by scaring congressmen silly with visions of financial Armageddon and martial law if they didn't pass the bailout bill.

One of these congressmen, speaking on Tulsa Oklahoma’s 1170 KFAQ, when asked who was behind threats of martial law and civil unrest if the bailout bill failed, Senator James Inhofe named Treasury Secretary Henry Paulson as the source. “Somebody in D.C. was feeding you guys quite a story prior to the bailout, a story that if we didn’t do this we were going to see something on the scale of the depression, there were people talking about martial law being instituted, civil unrest….who was feeding you guys this stuff?,” asked host Pat Campbell. “That’s Henry Paulson,” responded Inhofe, “We had a conference call early on, it was on a Friday I think – a week and half before the vote on Oct. 1. So it would have been the middle… what was it – the 19th of September, we had a conference call. In this conference call – and I guess there’s no reason for me not to repeat what he said, but he said – he painted this picture you just described. He said, ‘This is serious. This is the most serious thing that we faced.’” --

This is why fear is so effective: just threatened plague, economic collapse, martial law and more 9/11s, and the world is your cake for the eating. And the best part, the icing, is that most Americans are either oblivious or resigned to the fact that they've been robbed of their life savings, pensions, and taxes to the tune of tens of thousands of dollars each. Like sheep, they eat, drink and poop and believe that this was all inevitable because of innocent accounting mistakes and an over-enthusiasm in the free market system. Now they will all need to tighten their belts like Obama says because "we" are all in this together. Oh, really?

This propaganda con job is surely is an act as brazen and as daring as the actually theft itself, so we should give the Wall Street apologists, politicians and media pundits a tip of the hat too for covering up and spinning for the heist-masters. A perfect illustration of this is the sad, sordid story of Elliot Spitzer, the disgraced ex-governor of New York.

Did you ever wonder why Elliot Spitzer was singled out for doing what probably half of Washington's political class does in their spare time when they are not screwing the taxpayer -- that is, screwing a prostitute? Do you think his crucifixion by the media had something to do with him seeing a call girl or because he wrote an op ed piece in the Washington Post about the impending financial crisis created by predatory lending and the Bush Administration's blocking of efforts to deal with it? If you think the latter you probably are alone because only dweebs who read blogs like mine or would know this. (see "Paulson’s Financial Bailout" by Prof. Peter Dale Scott.) Count yourselves a special lot. The fluoride water filtration systems on your faucet has been beneficial.

Some time ago I wrote about the "odious debt doctrine" (see: Debt and the Destruction of America) which states that 'when creditors lend to a dictatorial regime which they know is not using the loans to benefit the population, then debt payments cannot be demanded of those people once they are free.'

I would say it was pretty transparent that this country has been hijacked by the agents of the central banks of Europe and the Federal Reserve, and since they install the very politicians that insure that the American people live in perpetual slavery by debt servitude, the odious debt doctrine does indeed apply.

It's time to quit playing their rigged game. Please stop paying taxes as it only encourages them.

1 comment:

  1. Yes, let's bailout those multi-millionaires and billionaires who are hurting soooooooo bad.

    Have a heart, folks. After all, $500 million dollars isn't worth what it used to be, so give until it hurts!!!

    I ain't got much left, thanks to the thievery by Wall Street, aidded and abetted by the White House and Congress, but I could sell what I do have left and send it to some gazillionaire's home, couldn't I?

    Is Rush Limbaugh at the George Will dinner for Obama?

    This from Limbaugh's webpage:

    "Speculation swirled all over the (Excellence in Broadcasting Network): Obama asked for ideas to save the economy, Rush had some good ones on Monday, and Tuesday he's mysteriously in Washington… coincidence?

    "Rush on Monday: `Now, remember, Obama said, 'Show me what works and we'll do it.' It seems to me, folks, that the simplest, fastest, and most direct way to do this is to bail out the rich. If we are going to save our economy the bailout of the wealthy cannot wait. The rich need further tax cuts. This is what's necessary and I would be willing to personally present this plan to President-elect Obama because it has worked. I'm just offering, a personal trip, nobody even has to know about this.''

    Uhh, Rush, you wouldn't be pimping for yourself here, would you?

    I mean, you're probably not in the category of the super-rich, but close enough.

    And connected!! You need to keep kissing the hand that kept you out of prison for your illegal foray into buying stolen pharmaceutical drugs.
    Soemthing like that would've landed some inner city black kid 5-10 years, but you're still a free man.

    Life is good, eh Rush?