I was really disappointed by Elizabeth Warren’s recent vote against auditing the Federal Reserve, but I’ve decided to forgive her following the release of an extremely powerful and important 12-page report on corporate criminality titled: Rigged Justice: 2016 – How Weak Enforcement Lets Corporate Offenders Off Easy. In fact, this may be the most meaningful report I’ve read since Princeton and Northwestern published a study proving the U.S. is an oligarchy.
The report encapsulates the meaning of public service, and demonstrates what U.S. Senators could be doing if they weren’t busy constantly whoring themselves out to the highest bidder. The fact of the matter is if Congress was filled with more individuals with the smarts, ethics and courage of Elizabeth Warren, this country would not be in the mess it’s in.
I know many of you will see that statement as an exaggeration, but it’s not. As I’ve maintained time and time again, the single biggest issue destroying America, the one that towers above all others, is the diminishment of the rule of law. Specifically, the fact that rich and powerful players in this country have amassed so much economic and political control they have created an untouchable class for themselves which is completely above the law. The definition of this sort of political arrangement is tyranny. As I noted in the piece, New Report – The United States’ Sharp Drop in Economic Freedom Since 2000 Driven by “Decline in Rule of Law.”
In my opinion, the U.S. is living on borrowed time. The entrepreneurial spirit is still very much alive, and a lot of innovative things are happening in the tech area, but other than that, the U.S. economy looks very much like a third word oligarchy. From my perspective, we need to reinstate the rule of law at once. The bad actors amongst the rich and powerful will continue to feast relentlessly on the productive parts of the economy so long as they they are never held accountable for their crimes. Simply put: The rule of law must be restored immediately.
That is not an exaggeration. Nothing, I mean nothing, will get sustainably better in this nation until the criminals in charge are either jailed or their influence obliterated from the entire social and economic structure. Thankfully, Senator Elizabeth Warren sees this problem as the core cancer that it is. Don’t believe me? Read the opening paragraphs to her report:
Laws are effective only to the extent they are enforced. A law on the books has little impact if prosecution is highly unlikely.
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