Heading Into Midterm Elections, Confidence in Congress Hits Record Low 7%

Screen Shot 2014-06-19 at 10.51.15 AMIt’s no surprise to anyone that Americans have zero faith in their so-called “Representatives.” The vast majority of these folks are lying, thieving, white-collar criminals, and we all know it. The real question is what, if anything, are we going to do about it?

I’m not someone who believes in centralized power, and I question whether in a world with the technological connectivity we have today, if we actually need to vote for someone else to vote for us. This seems like an extremely inefficient and outdated process. I haven’t yet come to my own conclusions on what specifically might be a preferable system, but I am certainly a proponent of decentralizing government and the political process itself. For more on this concept, I suggest, reading the following post from last week: The Coming Digital Anarchy.

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Coming to a Protest Near You…A Drone That Blasts Pepper Spray

Screen Shot 2014-06-18 at 12.38.44 PMWhat’s a crony status quo to do when it is ultimately confronted with an unruly mob of plebs frustrated with the fact median wages haven’t increased in forty five years, while the 0.01% has stolen everything in sight with the help of the Federal Reserve and corrupt Washington D.C. politicians?

Well, naturally you’d launch the South African made Skunk Riot Control Copter, fully equipped with a suite of high-definition and thermal imagine cameras, strobe lights, speakers and a pepper spray firing paint ball gun which can fire 80 shots per second!

We learn from The Verge that:

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Tim Geithner Admits “Too Big To Fail” Hasn’t Gone Anywhere (and that’s the way he likes it)

But it is now clear that Geithner never believed his own talking points. To him, too-big-to-fail and the so-called moral hazard, or safety net, that it would create can’t really ever be fully taken away. During his lecture to Summers’s class, one student asked a question about “resolution authority,” a provision of the reform laws that is supposed to let the government wind down a complex financial institution without creating a domino effect. The question prompted Geithner onto a tangent about too-big-to-fail. “Does it still exist?” he said. “Yeah, of course it does.” Ending too-big-to-fail was “like Moby-Dick for economists or regulators. It’s not just quixotic, it’s misguided.”

– From The New York Times Magazine article, What Timothy Geithner Really Thinks

Never in a million years did I think I’d ever use an article by Andrew Ross Sorkin as the basis of a blog post, but here we are. While certainly entirely unintentional, his article serves to further solidify as accurate the prevailing notion across America that former head of the New York Federal Reserve and Obama’s first Treasury Secretary, Timothy Geithner, is nothing more than an addled, crony, bureaucratic banker cabin boy.

There are so many choice nuggets in this article, all of which make Geithner look worse and worse as you read on. It’s almost as if he is some sort of lab created, android bankster butler sent back to earth from the future in order to ensure Wall Street bonuses never experience a downtick. It’s truly remarkable. Early in the article, we learn a little bit about Timmy’s family history, and how, shocker, it overlaps quite nicely with Obama’s own family history.

The following lines from this day forth should be forever referred to as the paragraph that launched a thousand conspiracy blogs. We learn that:

But Geithner and Obama had a somewhat natural rapport. Geithner, like Obama, had an itinerant childhood. His father worked for U.S.A.I.D., and the family lived in India, Zimbabwe, Zambia and Thailand. In the conversation, they discovered that Geithner’s father ran the Ford Foundation’s Asia grant-writing program in the 1980s at the same time that Obama’s mother was at its office in Indonesia. It was a nice coincidence, Geithner says, but it still didn’t make him want the job.

Well yes, quite the coincidence indeed. Also interesting that Geithner’s father worked for U.S. A.I.D., which is the organization recently revealed to have launched the fake Cuban Twitter in an attempt to overthrow the government there. In case you missed that, you can get caught up in my post: Conspiracy Fact – How the U.S. Government Covertly Invented a “Cuban Twitter” to Create Revolution. Meanwhile, Democracy now did an expose titled, Is USAID the New CIA?

While the above is certainly interesting and deserves more research on many fronts from folks far more qualified than me, let’s move on to the meat of the article and Geithner’s unique form of bankster worship. Moving along…

But Geithner’s refusal to condemn the bankers became a recurrent theme during his time at Treasury. According to Bernanke, “I didn’t and Tim didn’t go very far in lambasting individuals in Wall Street, maybe partly because we were more focused on the problem than on the politics.” Others, however, have suggested that Geithner was simply too cozy with Wall Street. He had never worked as a banker himself, but he grew up inside the bubble of elites. (Before going into government, his first job was working for Henry Kissinger at Kissinger Associates.) He was tutored at Treasury by Summers, who later worked for the hedge fund D. E. Shaw & Company, and Rubin, who came up through Goldman Sachs and eventually joined the board of Citigroup, where he has been blamed in some circles for its taking on excessive risky debt that nearly caused the firm to collapse. Each man played a significant role in deregulating the financial industry in the 1990s by supporting the repeal of the Glass-Steagall Act, which separated commercial and investment banking; they also pushed to limit future regulation of derivatives.

There you have it. Geithner and Bernanke never saw the bankers and their practices as a problem. Rather, they seemed to believe that Poseidon came out of nowhere and splashed a once in a million year tidal wave upon the system and only trillions in free money to financial criminals could save the world.

Oh, and Geithner’s first job was working for Henry Kissinger. Quite the pedigree…

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Comedian Rob Schneider – “America is Sliding Very Fast Towards Fascism”

The writing on the wall is there for anyone willing to take a look and be honest with themselves. I always try to highlight when public figures have the courage to state what is really happening in this country (such as rapper Lupe Fiasco), rather than cower in a corner from fear of repercussions. Most … Read more

Can Police Search Your Cell Phone Without a Warrant? The Supreme Court is About to Decide

Two very important cases related to the 4th Amendment protection of cellphone data went before the Supreme Court yesterday. At issue here is whether or not police can search someone’s cellphone upon arrest. As usual, the Obama administration’s Justice Department is arguing against the citizenry, and in favor of the (police) state. Let’s not forget that the “Justice” Department also argued in favor of the police being able to place GPS tracking devices on people’s cars without a warrant back in 2011. Fortunately, the Supreme Court ruled against it.

Naturally, the feds in the current case will discuss all of the criminals they were able to bring to justice as a result of these privacy violations, but they will certainly not point out America’s current epidemic of unlawful arrests, as well as arrests for petty non-violent crimes that happen each and every day. For instance, let’s not forget statistics that came out last fall from the FBI that showed police make an arrest every two seconds in the USA. I covered this in detail in my post: Land of the Free: American Police Make an Arrest Every 2 Seconds in 2012.

That translates to 12.2 million arrests in 2012, only 521,196 of which were for violent crimes. So should cops be able to search cellphones of millions of Americans being arrested for non-violent crimes such as drug possession? Or what about the street artist in NYC who was unlawfully arrested for putting on a puppet show? Or the guy who’s house was raided by police for a parody Twitter account. Allowing cops to search cellphones upon arrest in a trigger happy police state seems barbaric, immoral and downright stupid to me.

Furthermore, isn’t it interesting that the feds appear so obsessed with taking away your civil liberties to catch petty criminals, yet they couldn’t put a single banker behind bars for the far more egregious crime of destroying the U.S. economy and ruining millions of lives?

Here are some excerpts from The New York Times article to help you get up to speed on what’s at stake:

WASHINGTON — In a major test of how to interpret the Fourth Amendment in the digital age, the Supreme Court on Tuesday will consider two cases about whether the police need warrants to search the cellphones of the people they arrest.

“The implications of these cases are huge,” said Orin S. Kerr, a law professor at George Washington University, noting that about 12 million people are arrested every year, often for minor offenses, and that about 90 percent of Americans have cellphones.

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Charleston Man Receives $525 Federal Fine for Failing to Pay for a $0.89 Refill

Some of you may wonder why of all the stories out there today I decided to focus on the $525 fine a construction worker in South Carolina received a for refilling his drink without paying. The reason is to highlight the difference between what happens when a peasant breaks the law versus when a banker does it.

In this case, citizen Christopher Lewis refilled his drink without paying at the VA Medical Center in downtown Charleston. For this horrific offense (a refill costs $0.89), he was hauled into a room by the Federal Police Force and given a ticket for $525. Even worse, he was told not to ever come back to the premises, so he ended up losing his job as well.

So for this undoubtably minor offense, Mr. Lewis received a fine almost 600x greater than the cost of the crime and lost his ability to support himself. Compare that to the slap on the wrist banks receive when they are caught engaging in criminal behavior that leads to the theft of billions of dollars. At the worst, they pay a fine that is only a fraction of the profits and no one goes to jail, so the law actually incentivizes major financial crime. Meanwhile, if a peasant steps out of line, even for the most minor offense, the full brute force of federal law comes down like a ton of bricks. This is one of the main reasons why the social fabric of society is being torn apart, and unfortunately, there will be a hefty price to pay for it in the future.

This is a theme I have written about time and time again, most recently in a two part series, which I suggest reading:

Some Money Launderers are “More Equal” than Others

Some Money Launderers are More Equal than Others Part 2 – CEO of BitInstant is Arrested

From WCSC News we learn that:

CHARLESTON COUNTY, SC (WCSC) – A North Charleston man was hit with a federal fine for refilling his drink without paying. The on-site construction worker says he didn’t know refills at the VA Medical Center in downtown Charleston came at a price, and Wednesday, during his lunch hour, he was slapped with federal charges.

The ticket was issued by the Federal Police Force at the VA Medical Center in downtown Charleston after Christopher Lewis refilled his soda without paying the $0.89. A hospital spokesperson called it a “theft of government property.”

“Every time I look at the ticket, it’s unbelievable to me,” says Lewis, who works construction. “I can’t fathom the fact that I made a $0.89 mistake that cost me $525.”

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Neo-Con Republicans Make Pilgrimage to Vegas to Kiss the Ring of Oligarch Sheldon Adelson

Oligarchs are ruining America. They are ruining the economy through their rampant theft and corporate welfare handouts. They are ruining our social structure with their billions used to buy and sell politicians as well as entire Presidential elections. They represent an existential threat to the Republic and the cancer needs to be addressed at once.

Oligarchs now control both phony political parties. On the Democratic side, we have Warren “tax loophole” Buffett and George Soros. On the Republican side, we must become increasingly aware of casino mogul Sheldon Adelson, who boasts an estimated net worth of around $37 billion.

For those still daydreaming that the GOP may nominate a more libertarian-leaning candidate in 2016, rather than the typical big government, warmongering neo-con, the biggest obstacle in your way is Sheldon Adelson and his billions. This threat was on clear display this past weekend in Vegas when Chris Christie, Paul Walker and Jeb Bush all made the pilgrimage to “kiss his ring.”

The serious threat to our political system posed by Adelson was covered by both “left-leaning” and “right-leaning” commentators (although I hate those terms). First, Juan Cole writes at Bill Moyers that:

A series of pro-corporation Supreme Court decisions and the latter’s disingenuous equation of money with speech, including Citizens United, have turned the United States from a democracy to a plutocracy. It is not even a transparent plutocracy, since black money (of unknown provenance) has been allowed by SCOTUS to flood into elections. These developments are not only deadly to democracy, they threaten our security. It is increasingly difficult to exclude foreign money from US political donations. We not only come to be ruled by the billionaires, but even by foreign billionaires with foreign rather than American interests at heart.

The perniciousness of this growing plutocracy was on full display on Saturday, as GOP governors Scott Walker, Chris Christie and John Kasich trekked off to Las Vegas in an attempt to attract hundreds of millions in campaign donations from sleazy casino lord Sheldon Adelson. Since Adelson is allegedly worth $37 billion, he could fund the Republican side of a presidential election (which costs $1 billion) all by himself. In the last presidential election he is said to have donated $100 million.

One important thing he thing he failed to mention was that Jeb Bush was also there, featuring prominently at a private dinner with Adelson and others.

The case of Adelson exhibits all these issues of corruption and eccentricity. Much of his current fortune is recent and derives from the Macao casino, and Adelson has admitted to “likely” breaking Federal rules against using bribes to do business in other countries. (A reference to allegations that his company was involved in rewarding legislators of the Chinese Communist Party for supporting his Macao project.) There was a time when this admission alone would put the donor off limits for mainstream politicians.

 Adelson has a right to vote and advocate for his candidates. But the idea that he and his like should choose the next president is too awful to contemplate. One person, one vote isn’t one person, $100 million worth of votes. That isn’t democracy…

CBS has also chimed in with some interesting commentary:

Both Christie and Bush are cut from the same mainstream Republican cloth: well liked by the donor class and viewed suspiciously by conservative activists. If they both compete in 2016 — and to be clear, neither has decided on a bid — they’ll be fighting for the roughly same slice of the Republican pie, and perhaps more importantly, many of the same donors.

But as Christie stumbled, Bush soared. The former governor was feted at a private dinner on Thursday to kick off the weekend. The dinner was held at Adelson’s private airplane hangar.

Bush delivered brief remarks at the dinner, and after one attendee urged him to run for president, the crowd of donors burst into applause, according to a report in the Washington Post.

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The Co-Op Movement – A Decentralized Solution to Solving Inequality and Avoiding Serfdom?

Or take the right to vote. In principle, it is a great privilege. In practice, as recent history has repeatedly shown, the right to vote, by itself, is no guarantee of liberty. Therefore, if you wish to avoid dictatorship by referendum, break up modern society’s merely functional collectives into self-governing, voluntarily co-operating groups, capable of functioning outside the bureaucratic systems of Big Business and Big Government.

-Aldous Huxley, in Brave New World Revisited (1958) 

As readers of this website are well aware, the entrenched power structure has proven itself unwilling to address any of the extreme fraud, crony capitalism and corruption that plagues the U.S. economy. As such, it has become increasingly clear to myself and countless others that the solutions we need must be grassroots and decentralized. I have personally made it a point to encourage people to take matters into their own hands, using whatever tools they have available to make the communities in which they live better for their families and their neighbors.

Of course, in a world in which power is ever increasingly concentrated in the hands of a very unenlightened egomaniacal handful of oligarchs, this seems like a daunting and near impossible task to many. Because so many Americans are simply consumed with making ends meet and putting food on the table, the concept of changing the world appears entirely unrealistic if not downright impossible.

The message I want to convey is that this is not the case. Whether it be decentralized competing currency systems, states rights initiatives such as legalizing marijuana (some pot convictions can now be overturned in Colorado), neighborhood farms, independent energy systems, the path toward localized solutions is the one I firmly believe we must follow.

To that end, I want to highlight this encouraging article from the New York Times titled, Who Needs a Boss?, which explores possibilities worker co-ops provide for workers everywhere. Not only is the pay far better, not only is work engagement considerably more robust, but it restores a sense of community and power to those involved. I think this is a model we should greatly expand upon, rather than looking for centralized solutions, which are merely band-aids placed upon a cancer.

Here are some excerpts from the New York Times:

If you happen to be looking for your morning coffee near Golden Gate Park and the bright red storefront of the Arizmendi Bakery attracts your attention, congratulations. You have found what the readers of The San Francisco Bay Guardian, a local alt-weekly, deem the city’s best bakery. But it has another, less obvious, distinction. Of the $3.50 you hand over for a latte (plus $2.75 for the signature sourdough croissant), not one penny ends up in the hands of a faraway investor. Nothing goes to anyone who might be tempted to sell out to a larger bakery chain or shutter the business if its quarterly sales lag.

Instead, your money will go more or less directly to its 20-odd bakers, who each make $24 an hour — more than double the national median wage for bakers. On top of that, they get health insurance, paid vacation and a share of the profits. “It’s not luxury, but I can sort of afford living in San Francisco,” says Edhi Rotandi, a baker at Arizmendi. He works four days a week and spends the other days with his 2-year-old son.

Arizmendi and its five sister bakeries in the Bay Area are worker-owned cooperatives, an age-old business model that has lately attracted renewed interest as a possible antidote to some of our most persistent economic ills. Most co-ops in the U.S. are smaller than Arizmendi, with around a dozen employees, but the largest, Cooperative Home Care Associates in the Bronx, has about 2,000. That’s hardly the organizational structure’s upper limit. In fact, Arizmendi was named for a Spanish priest and labor organizer in Basque country, José María Arizmendiarrieta. He founded what eventually became the Mondragon Corporation, now one of the region’s biggest employers, with more than 60,000 members and 14 billion euro in revenue. And it’s still a co-op.

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State of the Union Preview – What to Expect from the Propagandist in Chief

Tonight, the Propagandist in Chief for the USSA will take the stage and say absolutely nothing meaningful. He will employ trite clichés to appeal to the increasingly small section of the lobotomized population which still somehow supports his oligarch coddling criminality. He will preen and posture and threaten to legislate via executive order like the petty … Read more

Two Minute Clip from the Movie “The Dictator”

I haven’t seen this movie, but you better believe this is exactly how the elites think things ought to be in this country…and they have been doing a great job making their dreams come true! Like this post? Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G Follow me on Twitter.