Reprise: The Quiet Coup d’Etat in the Anglo-American Financial System

‘The fine thing about pacts with the devil is that when you sign them you are well aware of their conditions. Otherwise, why would you be recompensed with hell?’
Umberto Eco, The Name of the Rose
This is a reprise of an interview with MIT economist Simon Johnson which I first wrote about in February, 2009.
I think I ought to republish this as a reminder every few years, until reform has been achieved, or until the Internet goes dark.
Have we heeded Simon Johnson’s warning? Has he proven to be prescient? Is crony capitalism and the kleptocracy becoming bolder, more aggressive, ever more demanding?
“I think I’m signaling something a little bit shocking to Americans, and to myself, actually. Which is the situation we find ourselves in at this moment, this week, is very strongly reminiscent of the situations we’ve seen many times in other places.
But they’re places we don’t like to think of ourselves as being similar to. They’re emerging markets. It’s Russia or Indonesia or a Thailand type situation, or Korea. That’s not comfortable. America is different. America is special. America is rich. And, yet, we’ve somehow find ourselves in the grip of the same sort of crisis and the same sort of oligarchs…
But, exactly what you said, it’s a small group with a lot of power. A lot of wealth. They don’t necessarily – they’re not necessarily always the names, the household names that spring to mind, in this kind of context. But they are the people who could pull the strings. Who have the influence. Who call the shots…
…the signs that I see this week, the body language, the words, the op-eds, the testimony, the way they’re treated by certain Congressional committees, it makes me feel very worried.
I have this feeling in my stomach that I felt in other countries, much poorer countries, countries that were headed into really difficult economic situation. When there’s a small group of people who got you into a disaster, and who were still powerful. Disaster even made them more powerful. And you know you need to come in and break that power. And you can’t. You’re stuck….

This post was published at Jesses Crossroads Cafe on 09 DECEMBER 2014.

$178 Billion In Government Kickbacks: Meet The World’s Biggest Organized Crime Syndicate

Once upon a time it was the Sicilian, or Russian, or Japanese, or Chinese mob that were some of the biggest sources of funding for corrupt government officials (incidentally, most of them). After all, the government is smart enough to realize that it is more lucrative to “cooperate” with the world’s biggest criminal syndicates than to wipe them out and cut off a major source of funding (of course, when it comes to populist optics and reelection, there is always an easy low-level perp walk every week or so to keep the peasants in place… and Diebold). So while the underlying symbiotic principle between the government and the world’s biggest criminal enterprise remains the same, the counterparty has changed.
So who, in simple numeric terms, is the world’s biggest organized crime syndicate?
The answer, courtesy of a new report by the Boston Consulting Group, which shows the transfer of some $178 billion in litigation costs into the pockets of government appartchiks in the past 6 years, is clear…

This post was published at Zero Hedge on 12/03/2014.

The How and Why Behind Obama’s Mysterious Rise to the Presidency

How does a man get elected President after serving less than one full term as a U. S. Senator? Does being a community activist/antagonist qualify one for the highest office in the land? Were the Soviet defectors correct in that Obama is the manifestation of a multi-generational plot to bring America to her knees? It is easy to comprehend how and why Putin would want to destroy America. But is Obama is his accomplice in this mission which could imperil all of us?
Former FBI Weatherman Task Force supervisor, Max Noel, noted that the FBI utilized a CARL test when it conducted background checks on various suspects. The acronym CARL stands for Character, Associates, Reputation, and Loyalty is used to assess candidates fitness to hold the highest office in the country. On each of these four points of power, Obama fails and fails miserably. Like many FBI law enforcementagents and officials, Noel was alarmed by the fact that someone like Barack Obama could capture the presidency. For some unexplained reason, Obama was never vetted before he became a candidate for the presidency by the FBI. This is an unacceptable result of our national security system and is wholly suggestive of internal plot to allow the installation of a blatantly communist advocate into the highest political position in America.
Soviet Defectors Warn of Deception and the Emergence of a Manchurian Candidate Did you really think Alger Hiss would be the last communist traitor to serve in a high level US governmental position?
Through the testimony of high-ranking Soviet defectors, it can clearly be established that the Russians have been engaged in a multi-generational plot to destroy the United States from within and from without. Domestically, the Russian communists are in the midst of completing a coup d’tat, with the help their communist stooge, Barack Obama. In the following paragraphs, the verbatim statements of high ranking Soviet defectors are offered as proof of these claims. The first three defectors tell how the Soviets are setting the table for America’s demise. Stunningly, the fourth defector warns our country of a Manchurian candidate type of leadership whose job it will be to hand over a weakened America to the Russians (see Part Two).
Today, many people have been in a position to now vet the President after Obama’s first six years in office and observed his ‘fundamental transformation of America’. This particular series will continue to connect the dots of the secretive and nefarious communist background of Barack Hussein Obama.

This post was published at The Common Sense Show on November 12, 2014.