I have fond affection for my sense of right and wrong – morally, spiritually and legally. But it’s becoming increasingly difficult to behave responsibly as a citizen given the thorough corruption which has engulfed nearly the entire population of elected officials and business leaders. Fraud, corruption, grand-scale theft and remarkable dishonesty is endemic to Wall Street, DC and across corporate America.
Every single elected official at the Federal level, and at most State levels, is a paid servant of big banks, corporations and wealthy families/individuals. Obtaining a House or Senate seat is worth $10’s of millions. Getting into the Oval Office is worth $100’s of millions. For those you who still harbor disillusions of Obama’s integrity, recall that he campaigned aggressively on a platform in 2008 that promoted ‘cleaning up Wall Street’ as a high priority. Not only did he not clean anything up, he enabled the same fraudulent business activities that sunk the financial system in 2008 to become even more grand in scale and stealth. Now he’s greedily pocketing $1 million speaking engagement with the banks he bailed out in 2008 with $800 billion in taxpayer funds.
Anyone who believes their vote matters has their head buried in sand. Even though he must believe his vote still matters, James Kunstler has written must-read commentary on the current plight of the U. S. political system:
This post was published at Investment Research Dynamics on November 5, 2017.