Economic Collapse – The Founding Fathers Myth

Inflection Point
Mon, Jul 11, 2011
Subject: The Founding Fathers: Myth Aside, This Is A Vision Gone Wrong! – Part One 

The Founding Fathers: Myth Aside, This Is A Vision Gone Wrong! – Part One,_THIS_IS_A_VISION_GONE_WRONG_-_Part_One.html

It is the duty of the Patriot to protect his country from his government. – Thomas Pain


We live in a world where the sovereignty of the most powerful country in history no longer maters. And globalization, a trend that could enrich all of the earths inhabitants, is captured by a tyrannical corporatocracy. Social, economic and environmental responsibility be damed. These sociopaths seek domination, manifest through continual pursuit of mitigated production costs, wage repression and the coup de grace of subjugation – a pyramid of debt.


Infographic: Wage Repression





Actual control of geography (unless strategic) is not as important as the annexation of economic opportunity, public assets and individual sovereignty; freedom.  And debt is the vehicle to make chattel of us all.

The idea of "Sovereignty", historically, from Socrates to Thomas Hobbes, has always necessitated a moral imperative on the entity exercising it.


From Hobbes' Leviathan, depicting the Sovereign as a massive body wielding a sword and crozier.  The torso, composed of many individual people signifies the social contract of mutual consent, agreeing to abide by common rules. Social contract theory is important in that political authority must be derived from the consent of the governed: "WE THE PEOPLE"



"When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes… Money has no motherland; financiers are without patriotism and without decency; their sole object is gain." – Napoleon Bonaparte


It's no revelation to say transnational bankers and the financial elites ambitions are not aligned with those of the people.  Without moral or social conscience leaders world wide, allowed the financial sector (Banksters) to leverage their legitimate and fraudulent speculations to unprecedented levels.

A Constitutional Democracy and inherent Rule Of Law, combined with Free Market Capitalism is the best method for improving a societies standard of living.  A system of free market capitalism is defined by failure: when you fail, the loss is born by you alone.  When you succeed the spoils are yours to do with, what you wish.  

The tragedy is "our system" has been usurped by an elite financial class and governmental minions who put themselves above the law.  The central banking cabal our founding fathers gave their lives to escape again controls the apparatus of government and commerce.

As their leveraged "free market" speculations soured the Banksters demanded "WE THE PEOPLE" absorb their losses.  In other words Banksta Capitalism is the antithesis of free market capitalism; profits are capitalized but losses "debts" are Socialized transferring the debt to independent citizens.  And the promise of "Hope And Change" has done nothing but prove our system has been hijacked in a Financial Coup d'État where the elite determine all outcomes.


In essence we privatize profits and socialize loses



In a Free Market, there are no Central Banks rigging the price of money. There are no “too big to fails.” There are no bailouts. There is no redistribution of wealth. There are no committees to set prices or regulations. There are no Government subsidies. Government would only act as a referee ensuring a good clean fight on a level playing field. – The Two Coming American Revolutions.



We no longer have free market capitalism that made America great.  It's a collectivist, crony capitalism, state corporatism or banksta crises capitalism.  When government policy is driven by corporate and financial elitist, where positive returns are enjoyed by a few fat cats and their loses are socialized it's Fascism not free market capitalism.


All too often people equate capitalism with free enterprise. Nothing could be further from the truth. Crony Capitalism destroys genuine free market competition. Wealth creation is the nature of authentic commerce. Command and control is the objective of cabal moguls. Entrepreneurship is the business plan for prosperity, while systemic usury is the formula used by banksters to enrich favored cohorts in crime. – Wall Street Capitalism: A Love Affair



This system of command control, state corporatism consolidates power and capital.

We now have an economy in which five banks control over 50 percent of the entire banking industry, four or five corporations own most of the mainstream media, and the top one percent of families hold a greater share of the nation’s wealth than any time since 1930. This sort of concentration of wealth and power is a classic setup for the failure of a democratic republic and the stifling of organic economic growth. – Jesse's Café Américain

The Banks no longer serve their purpose of capitalizing a vibrant business community but generate bonuses by extracting rents.  Further, they fabricate the illusion of viability; covering up losses or not realizing them.  According to Christopher Whalen of Institutional Risk Analytics, "The fraud and obfuscation now underway in Washington to protect the TBTF banks and GSEs totals into the trillions of dollars and rises to the level of treason."


The Banks must be restrained, and the financial system reformed, with balance restored to the economy, before there can be any sustained recovery. Jesse's Café Américain


Writing in the Wall Street Journal, Jim Grant, editor of the Interest Rate Observer, wrote: “Why No Outrage? Through history, outrageous financial behavior has been met with outrage. But today Wall Street’s damaging recklessness has been met with near-silence, from a too tolerant populace.” Grant worries that Wall Street will run “itself and the rest of the American financial system right over a cliff.”

But we only went to the edge in 2008. Today, a rebellious “throw the bums out” hostility is blowing a new kind of bubble: Three years ago we did not have Tea Party, union fights, the Arab Spring and Greek austerity riots, all signs of an dark angry future sweeping across America. – Paul Farrell


See: Paul Farrell's 7 Reasons Why America Needs A "Good Depression" Now…Or Face A Great Depression Later

Your either going to live under a Monopolistic Capitalistic Oligarchy, or a Competitive Capitalistic Republic. There aren’t any others.” Sui Juris – Don’t Tread On Me


State corporatism favors the highest bidder; who controls the purse strings of campaign finance, making our 'representative' government officials beholden to them.  Representation of the people will only be achieved through campaign finance reform that gets corporate funding out of the electoral process and curbs are put on influence peddling.   This can be done and will only happen when "WE THE PEOPLE" demand it!


War, War, War…


Why? Our war machine generates such “spectacular profits that many people around the world” are convinced America’s “rich and powerful must be deliberately causing catastrophes so that they can exploit them,” warns Klein in “Shock Doctrine.” No wonder the GOP takes military spending, like tax cuts for the rich, off-the-table: The war industry is a major political donor. – Paul Farrell


As long as the MSM keeps it off the nightly news the people are content with America's sociopatic spree of senseless destruction and killing of innocents.  Yet they're captivated by sensationalized coverage when a deranged Mother kills her baby.  It's a sad state when an isolated incident is "sold" as infotainment that trumps real news of wholesale murder and mayhem.  Wake up America!  Throw in the food stamps and this is the modern version of Bread and Circuses.  Our sophistication make's us either the most ignorant or hypocritical people on earth.

On main stream media: These are for profit companies and there’s no money in doing the right thing..- Mat Taibbi


Must See: Chris Hedges: MSM Feeds Masses ‘Road Kill’

The media and the government, both are hijacked by big corporations and through their two identical twins they provide us with the illusion of democracy. As Chomsky well-put, the media is in the business of "manufacturing consent," and as Ralph Nader well-described, the name of the game is Duopoly. – Edip Yuksel

A popular Government, without popular information, or the means of acquiring it, is but a Prologue to a Farce or a Tragedy; or, perhaps, both. – James Madison


Osama bin Laden's stated intent was to embroil the US in Middle Eastern wars and to destroy our financial well being.

The USA-Inc has a magic word to hypnotize us: "Terrorists!" So that our tax dollars could be transferred to war profiteers, the military industrial complex and its allies!  – Edip Yuksel


Today the U.S. is entrenched in three illegal and immoral wars in the name of security.  In the latest; Libya we're supposedly protecting the people, which of course is a lie.  First, we've thrown in with a group of militants with terrorist ties.  And the civilians we're protecting; nearly 1,000 have been killed and according to UN High Commissioner for Refugees 686,422 had fled Libya as of May 4, mostly for Egypt and Tunisia.

The cost of President Obama's unconstitutional attack on Libya has been $716 million as of June 3.  According to the LA Times Obama's unauthorized war on Libya costs $9,421,000 a day:

"The executive has no right, in any case, to decide the question, whether there is or is not cause for declaring war." – James Madison



It's estimated the U.S. government has spent over 379 billion dollars on the war in Afghanistan and over 775 billion dollars on the war in Iraq.  Worse than the raw numbers, none of this is paid for.  It's all been borrowed from the one group who always wins when there's war, the bankers.

6,114 American lives have been cut short and 44,596 have been wounded in action; many severely (  600,000 to one million in Iraq alone will not see tomorrow.

Here is a great take on our current military intanglements which is probably more accurate re: cost. via World Revolution News





And for what?

Fact is, deaths attributable to terrorism are lower year on year than those caused by allergic reactions to peanuts.  From a deep watery grave; it would seem Osama has us right where he wanted us.





Would not the trillions wasted on this nonsense have gone a long way toward rebuilding our infrastructure and retraining American's for the 21st century, rather than killing those still stuck in the 20th?  At very least, would we not be better off if Halliburton, Bechtel and Flour put their expertise to use right here, providing opportunities for Americans in the process?

Instead of strengthening our homeland for all Americans, we engage in foreign interventions which makes us less secure while siphoning off hundreds of $billions to Independent Contractors, Weapons Manufacturers and Banksters; the financiers of destruction and misery.

While millions of American people are jobless, millions are losing their homes, and millions of American children suffer from hunger and malnutrition, we are spending about to a trillion dollars for the business of destruction and creating more enemies so that the business of destruction will become even more needed and lucrative. While the so-called "elected officials" in our Federal and state governments are seriously debating of cutting vital social programs such as education and health care, they never talk about cutting the mushrooming military budget -Edip Yuksel


Before any domestic austerity measures (cuts in public services and promised benefits) are imposed on the American people we must demand the draw down of troops and a timely end to these senseless and costly wars.  We must also reaffirm the constitutional process in waging war and put in check, the presidents implied Imperial Powers.


See: WARFARE STATE: Defense Firms Want To See US Combat Missions Continue



Charge It Please





According to the National Inflation Association, when you factor in the unfunded liabilities of the U.S. government, total federal debt obligations now come to a grand total of 76 trillion dollars.

The facsimile of U.S. "growth" now depends entirely on Central State manipulation and stimulus of risk trades and financial slight-of-hand… we're spending/injecting $7 (of borrowed money) to create $1 of "growth" in GDP.  – charles hugh smith



Barrowing $7 to Produce $1 in GDP is a "Travesty of a Mockery of a Sham, Phase II" 

It's The DEBT Stupid!


America military spending is nearly that of the rest of the planet combined.   It's interventions are not making us safer and costs are unsustainable. Domestically we face serious structural challenges, a crumbling infrastructure and unprecedented social issues.  At the very top of our most important financial, corporate and governmental institutions the Rule of Law has been suspended in an orgy of fraud and corruption.  Our leadership has lost it's way and borrowing $1.5 Trillion + a year to continue down the same path is the definition of insanity.

In 1854 a small village newspaperman, Colonel Charles V. De wrote; "This is not a question of party loyalty, but a great fundamental principle of freedom, justice and humanity, a tenet of truth, law and legal right which is sought to be tampered with, and down-trod."  From these simple words people were united, a party was formed and slavery was brought to an end.  The words ring true to our patriotic duty today. 

In order to protect our liberty and form a more perfect union, every individual can take a stand.  And every patriot must. 

See The Founding Fathers: Myth Aside… Part Two Wednesday




“The issue today is the same as it has been throughout all history, whether man shall be allowed to govern himself or be ruled by a small elite.” – Thomas Jefferson






“This country, with its institutions, belongs to the people who inhabit it. Whenever they shall grow weary of the existing government, they can exercise their constitutional right of amending it, or their revolutionary right to dismember or overthrow it.” – Abraham Lincoln, First Inaugural






Leave it to Jesse's Café Américain for the "On Liberty" post at the bottom.  It reveals our all to human struggle and the glorious spirit within that drives us to fulfill our destiny.  July 3rd, 2011  The evening of Americas 235th birthday.  God Bless The American People.

The Founding Fathers: Myth Aside… supporting post:

AMERICA: A "De-constructed Third World Nation-State"– International Banking Cartel Vs. The People


Word of the Day: TREACHEROUS – See: "LIFTING THE Veil"

Congress Cuts Annual Budget By $39 Billion As Bernanke Issues $100 Billion A Month Through POMO – AND THE JOKE IS ON YOU!


America Appears To Be Trapped in a Massive Coverup of Control Fraud and Corruption

When Government Is Complicit In Crime It's Our Duty To Amend, Dismember Or Overthrow It


Productivity Is A Bust! – How's The Wealth Effect Workin' Out For Ya'? & The Coming Global Meltdown


On Liberty

From: Jesse's Café Américain

"We have gathered here to affirm a faith, a faith in a common purpose, a common conviction, a common devotion. Some of us have chosen America as the land of our adoption; the rest have come from those who did the same. For this reason we have some right to consider ourselves a picked group, a group of those who had the courage to break from the past and brave the dangers and the loneliness of a strange land.

What was the object that nerved us, or those who went before us, to this choice? We sought liberty; freedom from oppression, freedom from want, freedom to be ourselves. This we then sought; this we now believe that we are by way of winning.

What do we mean when we say that first of all we seek liberty? I often wonder whether we do not rest our hopes too much upon constitutions, upon laws and upon courts. These are false hopes; believe me, these are false hopes. Liberty lies in the hearts of men and women; when it dies there, no constitution, no law, no court can even do much to help it. While it lies there it needs no constitution, no law, no court to save it.

And what is this liberty which must lie in the hearts of men and women? It is not the ruthless, the unbridled will; it is not freedom to do as one likes. That is the denial of liberty, and leads straight to its overthrow. A society in which men recognize no check upon their freedom soon becomes a society where freedom is the possession of only a savage few; as we have learned to our sorrow.

What then is the spirit of liberty? I cannot define it; I can only tell you my own faith. The spirit of liberty is the spirit which is not too sure that it is right; the spirit of liberty is the spirit which seeks to understand the mind of other men and women; the spirit of liberty is the spirit which weighs their interests alongside its own without bias; the spirit of liberty remembers that not even a sparrow falls to earth unheeded; the spirit of liberty is the spirit of Him who, near two thousand years ago, taught mankind that lesson it has never learned but never quite forgotten; that there may be a kingdom where the least shall be heard and considered side by side with the greatest.

And now in that spirit, that spirit of an America which has never been, and which may never be; nay, which never will be except as the conscience and courage of Americans create it; yet in the spirit of that America which lies hidden in some form in the aspirations of us all; in the spirit of that America for which our young men are at this moment fighting and dying; in that spirit of liberty and of America I ask you to rise and with me pledge our faith in the glorious destiny of our beloved country.”

Judge Learned Hand, 21 May 1944

Visit: Inflection Point




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One Response to “Economic Collapse – The Founding Fathers Myth”

  1. Edward Reten says:

    The economic crisis is here and it’s making itself heard. Families have tons of problems making ends meet and the funds for public administration are withering away. Why don’t our politicians try listening to what the specialists in the economic crisis have to say, like the Orlando Bisegna Index from New York, which not only measures the crisis but has also helped a lot of counties with debt problems, business closures, and unemployment, improving the economic situation of tons of families.

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