Ooh, CNN is reporting Congress is about to get tough with AIG. This is like saying Baby Huey is going to get tough with his diaper pins.
Yeah, Congress, you remember them. Giving Kucinich and a few others a pass, almost 535 fellow citizens who give cowardice a good name in comparison to the craven, corrupt and gutless policies they pursue. Congress made up of used car salesmen with law degrees, is going to tax back $165 million of virtually worthless smackers from AIG for paying bonuses to managerial technocrats following the orders of free-range executives to maximize profits at all costs by filling regulatory loopholes (or caverns) with snake-oil chicanery.
Ooh. You better be scared AIG. Congress is coming! Ooh!
Politicians do nothing but the bidding of their masters, not you and me, but they love to send messages to you and me to suggest in fact they are doing the People’s work. Messages, symbols, signs and talismans to show the voter the politician is doing more than accepting bribes, making deals with the devil and creating personal fiefdoms of American power.
Politicians did what they were told by the BANKSTERS to the tune of TRILLIONS of massive public debt which can never be repaid so the American People are forever installed in Debtor’s Prison Nation. (Rated NC17)
Why does the public finance the irresponsible and egregious losses of private banking interests after private banks have screwed the world for hundreds of years? After international private banking institutions have actually taken over almost every country in the world – those countries not run by international banks are, completely coincidentally I’m sure, enemies of the West.
American History is replete with huge debates about our banking system. Indeed, the United States went back and forth between a public national bank and a private central for more than a century before in 1913, on December 23 – when Congress had already gone home for the Holidays – the Senate, on a technicality was still in session and a less than a handful of Senators on the Banksters payroll, with insidious stealth, passed the Federal Reserve Act (already passed by the house) on a unanimous consent vote.
The rest, as they say is, Catastrophe. The Federal Reserve is the enemy of the people because the Reserve is not charged with securing a more perfect union but making as much money as possible off of other peoples’ money. Like all private banks.
The problem is not individual institutions but the banking system itself which is in need of a complete overhaul. And the first step is to institute a truly publicly owned National Bank with the power over our monetary system restored which private banks unconstitutionally hijacked with the Federal Reserve Act.
The American Project failed in 1913. The rest, everything we’re experiencing today is the result of banking consolidation into fewer and fewer hands on a global scale. Governments (and the people they supposedly represent) are held prisoner in a web of debt which we cannot extricate ourselves under the present system.
BANKERS HAVE ALL THE POWER. Period. End-of-story.
And they must be stopped.
This isn’t to say there isn’t room for private banking institutions. There is. But it is to say private banks no longer have the right to control the money supplies of nations. Ever again.
The first step to real recovery is to understand the disaster the Federal Reserve Act has been to this nation and by extension, the world, and to repeal the Fed Act and place the Federal Reserve under control of the Treasury where it belongs. It’s time to end a monetary system based upon faith as we see what happens when that faith is shattered.
Then we’ve got to put limits on usury and fractional reserve practices. We’ve got to re-peg the value of our currency to things of real value – a basket of commodities which minimizes fraud and the ability of POWER to buy that which backs currency and allows manipulation.
There is no law against greed. Greed is one of the seven deadly sins and is supposed to be self-regulated through fear of god. Men who have no fear of god and are addicted to greed have no compunction to steal, lie, cheat and do anything to achieve their ends, which is to accumulate vast personal wealth at the expense of others.
All these executives, except where fraud can be proved, did nothing wrong in the legal sense. The repeal of Glass-Steagal, which opened Pandora’s Box, is a mandatory step needed to restore faith in the system. Private Banks must be regulated strictly. And the aforementioned changes as well.
You can’t re-float a corrupt and perpetually fraudulent system.
You can’t take the Greed out of a man through cajoling and making him see what’s right. Sins are blinding. And if a man can’t be brought to heel through self-discipline, peer-pressure and the fear of universal justice, then a man, gorged on greed, must be controlled through threat of prison or death. I’m no fan of capital punishment, but recalcitrant shysters who steal other people’s money deserve the full monty. A free market and the transactions within are based upon trust. A fair price for product or services rendered and the purchased goods and services true to the word of their seller. Anything less is undemocratic rule by hoodlums.
So AIG, CITI, Goldman, BofA and the rest of discredited Banking and Financial brands keep their hands out like Oliver Twist for “more.” More of your children’s inheritance. More of your country’s potential wealth. More and more and more blood money to Vampires who, unchecked, will suck every drop from the world and leave it bone dry.
It’s time to get real. And that means revolutionary. And I don’t mean guns and violence but overhaul, oversight, re-regulation and taking back what’s ours which has been sold to the POWER for pennies by politicians who wouldn’t know The People if they were hit upside the head by us.
Forget solutions which perpetuate the problem and fix the goddamn thing already.
And begin by tearing down the private Federal Reserve System and replace it with a Bank of, for and by the People.
The National Bank of the United States of America.
Anything less is but smoke and mirrors.
