THE REAL ENEMY OF AMERICA

The central bank is an institution of the most deadly hostility
existing against the Principles and form of our Constitution....
Bankers are more dangerous than standing armies......(and) if
the American people allow private banks to control the issuance
of their currency, first by inflation and then by deflation, the banks
and CORPORATIONS that will grow up around them will deprive

the People of all their property until their children will wake up
homeless on the continent their Fathers conquered.

THOMAS JEFFERSON

The time has come to disregard all of the distractions that have been used to throw us off course and to identify once and for all America’s real enemy. It is not Iran, North Korea, China, Russia, the former Saddam Hussein or even Al Qaeda. The threat to our democracy comes very much from within. It poses a danger far greater than any terrorist bomb. Its goal is to dictate the domestic and foreign policy of the United States for its own enrichment.

According to the dictionary, the definition of a conspiracy is “an agreement to perform together an illegal, wrongful, or subversive act.” When the central bank of the United States, an unconstitutional private institution, otherwise known as the Federal Reserve, whose constituents are the most powerful bankers in the country, allow and encourage these bankers to literally purchase many of our elected and appointed representatives in government with non-stop lobbying and obscene campaign contributions, then you have two entities, private and public, working together in a collusive manner to screw the citizenry. The bankers see the people as patsies; the members of government view them as potential adversaries.

To guarantee that the conspiracy remains totally opaque, government regulators enter the equation. Even though they are paid by U.S. taxpayers to regulate their respective industries in order to protect the American people, in fact they do quite the opposite. The so-called regulators are in bed with their respective industries at the expense of the people they were meant to protect.

We have just witnessed (and continue to witness) the greatest fleecing of a country’s population in the history of mankind. It was accomplished by a cabal of mortgage originators, real estate appraisers, investment bankers, boards of directors, mortgage bond insurers, auditors, rating agencies and financial regulators—–all with the blessings of their friends at the Federal Reserve, the U.S. Treasury, certain members of Congress, the past President and Vice President and their PR firm, the mainstream press. This gang of thieves, not content with merely screwing the public, and, in the process, making the kind of money that should have made them blush, borrowed a page from the Enron play book and multiplied their plunder by a factor of infinity to create those rarely discussed but pivotally devastating “over-the-counter derivatives.” These “weapons of mass destruction,” which is what Warren Buffet has called them, did not even carry the pretense of any regulation. They were thought up by 28-year-old MBA’s from Harvard and M.I.T. CEO’s, though they probably did not even understand the complexities of these esoteric financial products, looked the other way when told that these bets could magically leverage their income from tens of millions to hundreds of millions of dollars which they were happy to pay themselves and those directly beneath them in the higher echelons of the corporate ladder of corruption. And the regulators did a perfect imitation of the CEO’s; they looked the other way, as well.

But if you’ve ever played musical chairs, you know what happens when the music stops. Musical chairs, Ponzi schemes, call it what you may, all of a sudden the game ends, the “greater fool theory” freezes solid and the emperor suddenly has no clothes. Then comes the fundamental truth of the Conservative theology, which is, of course: "What we don't need is government on our backs"—–until they get into trouble at which time they plead for the government to bail them out. After all, Corporate Welfare is OK; just don't give any aid to people.

It is bad enough to reward failure and crime by giving the banks trillions of the people’s money. But when the Federal Reserve won’t say to whom it gave the money, and the banks refuse to divulge what they did with it, then it’s time for the American public to come out of its protracted coma and show a little outrage. In France, should a political injustice take place, the people demonstrate non-stop until the wrong is made right. Shoot one policeman in Greece, and the whole country protests for a month. Whatever happened to democracy in America? Did we have to die and go broke giving it to Iraq (who never asked for it in the first place) while it was systematically crushed here at home?

The simple answer is that the United States is no longer a democracy. In fact, let’s call it what it really is: an authoritative partnership where bankers and government rule over the masses by a system called CONSPIRACY CAPITALISM. If we’re looking for the real axis of evil, we need look no further. In just the past eight years we have passively observed the greatest transfer of wealth from the many to the few in the history of the world. And now that we have become an official bail out nation, that transfer of wealth has just been increased by an order of magnitude.

We are not dealing here with two-bit thugs. I can assure you that the Mafia has nothing on these guys. This is organized crime, pure and simple, engaged in by bankers and politicians for their own personal gain. They make the rules. They do as they please. And they are not interested in taking part in government by consensus. Which brings me to Barack Obama.

Here is a man of superior intellect, an abundance of heart, and a poise and confidence rarely seen on the public stage. Yet, his one defect may be his desire to be known as the “Consensus President.” In so doing he runs the danger of following the Clinton model, which was to throw some grass up into the air to see which way the wind was blowing. (Clinton could go to his right or to his left with a dexterity that would make the great Micheal Jordan envious). Obama has already surrounded himself with a Clinton-Bush Cabinet and a similar menagerie of advisors. Both the President and his new attorney general do imitations of broken-field running when asked if they plan to prosecute or even investigate those responsible for war crimes, banking and investment fraud and the wholesale shredding of the Constitution.

While Obama may prefer to take the high road in the mistaken belief that he can fix the global economy, there are moral and legal issues that cannot and must not be swept under the rug. It is not a matter of revenge. Instead, we are talking about the fundamental premise that we live in a country of laws, which applies to everyone of us including the President, the Vice President, members of Congress, the most powerful bankers and the highest and mightiness of the corporate structure. No one is above the law. Until we prove that basic premise to be fact rather than fantasy to the American people and to the rest of the world, the conspiracy, and I am proud to call it what it is, will keep a low profile for a while and then come back stronger than ever. What we don’t need is a pragmatic president whose rhetoric sounds good but whose policies go straight down the middle of the road. Obama must be willing to take a stand on this issue and follow it up with action.

Bailing out insolvent banks and other failing corporations will only further bankrupt the nation and guarantee the destruction of its debt-ridden currency, which, of course, is just a piece of paper backed by absolutely nothing. Holding criminals accountable and punishing them for their crimes will do more to restore confidence in our financial system, and, more importantly, in our country than any amount of worthless paper money we can throw at mediocrity. There is no practical solution to our financial crisis because the system is imbedded with over-the-counter derivatives ready to detonate whenever a flash point is triggered. There are more shoes to drop.

So whether or not President Obama prefers to “move forward” and let the past be the past, the Progressive Movement must be willing to articulate a formidable opposition to conspiratorial banking and corrupt political power. The bankers, the auditors, the loan originators, the appraisers, the rating agencies, the bond insurers, the government regulators, the Congressional colluders and the Bush Administration must be held accountable. And since Congress will not investigate the matter, other than engaging in that familiar dance called “grandstanding,” we must call for an independent prosecutor with the constitution of a pit bull. To do so entails real risk. Like the Mafia, these guys do not play softball. Anyone who dares to take them on should buy a helmet.

But when the prosecutor concludes his business and the banking, corporate and political terrorists are in the slammer where they belong, the American people can then take their country back by first abolishing the Federal Reserve and replacing it with sound money. On that issue, Progressives can take a page out of the Ron Paul playbook. The bankers with their esoteric derivatives have “killed” more people than all of the terrorists’ bombs put together. Had there been sound money backed by something real, they could never have done what they did.

February 12, 2009