America at War Against its Citizens
September 19, 2013Secret NSA Spying, Perpetual Wars and Their Mongers, NDAA, Un-Patriot Acts, and a Congress Gone Wild Means America is at War Against We The People
While Israel may sends its
drones over American cities and towns at the invitations of NSA and DHS,
it is unlikely that the US government will use chemical weapons,
napalms, Agent Orange or fires cruise missiles at cities like Gary,
Youngstown, Oakland, Detroit and St. Louis.
America Government needs not sends its
army, it sends brigades of Wall Streeter’s, lobbyists, AIPAC, Harvard
and Stanford MBA’s, the Feds and, members of Congress, as its army and
in its wars against the American people.
Yes indeed, the American government,
from presidents, to Congress even the Supreme Court have been waging
relentless and frequent wars against the American people and been doing
it for decades. Not so sure why Chief Justice Roberts deems corporations
as citizens for elections purposes but not jailing its executives and
boards when corporations commit crimes.
Let us go over some of these wars. I am
sure we all know the War on Poverty that Lyndon Johnson announced in his
State of the Union Address on January 8, 1964. Close to $800 billions
have been spent on this war, a war with the intention to alleviate the
poverty in America. Well, guess what? America is losing the War, the
American people as taxpayers are losing the war and poverty is winning.
After some 50 years the poverty line is around 19% and it is unlikely
that we will see any improvement in our lifetime.
With an average of $35 billions a year
being spent as part of the War on Poverty including some innovative
names such as Great Society, VISTA, Job Corps, Head Start, there are now
according to 2012 figures some 43 millions American living below
poverty lines, including some 2.9 million children, with 1.5 million
Americans living on less than $2 a day. What a shame, what failings.
Ah, we must now come to the War on
Drugs, which seems our government is winning keeping this war on
Americans, especially poor Americans going. Richard Nixon declared his
War on Drug back in 1971 and while the different drug fighting agencies
and the military spends tens of billions, drugs continue to flow into
the US and our prisons are filled almost to capacity. We are the number 1
in the world with the highest percentage of incarcerated population
with over 2.3 millions in jail, with young Blacks forming the highest
percentage.
While our nation schools are run down
and in desperate needs of repairs and renewals, our national budget for
prisons exceeds $60 billions annually, with some $5 billions allocated
to building new prisons as part of the “privatization” programs giving
private corporation the funds and the profits to the tune of $24,000 per
prisoner. Just imagine if you and I as citizens have that kind of money
to spend on our kids going to college rather than take a second mortgage.
Drugs are winning, we citizens are losing and our governments and its
partners are winning. That is why our government keep the Taliban’s,
Mexican and Columbian Drug cartel going.
America’s wars against its citizens does
not stop at poverty and drugs, it goes beyond that to affect some 45
millions of uninsured Americans, with millions mainly in the poorest
state such as West Virginia, Mississippi, Kentucky, North and South
Carolina with hundreds of thousands of citizens unable to afford
visiting a health or dental clinic
in years. Yet their representatives in the House and Senate votes tens
of billions in aids to Israel, a country that enjoys much better health care
that most Americans. Yet citizens of these states keep returning them
back to Congress, rather than demanding diverting funds from Israel to
clinics and schools at home.
Though we do not expect our government
to unleash its arsenal of ballistic and cruise missiles or send in its
F-15s and F-16 to attack us, that job is left to Congress, both
Republicans and Democratic administrations, to the Federal Reserve, to
Wall Streets to the banks and
insurance companies and the tens of thousands of greedy crooks within
governments and in the private sector, an arsenal more powerful than any
thing the Pentagon have.
When the late President Ronald Reagan
began his ambitious plans to “Privatize America” little he knew that
his “privatization” is a declaration of war on the American people, as
taxpayers and as shareholders. Imagine if our social security funds was
handed over to these crooks on Wall Streets. The Great Depression will look like a financial recovery.
While the size of Federal Government may
have been reduced, the private sector took over many of the functions
(you remember Edward Snowden the 30 years old guy an employee of Booz
Allen Hamilton making $200,000 as government subcontractor) and while
federal employees are subject to pay scales, the private sector was
awarding managing directors of private companies doing the business of
the Federal Government, tens of millions in salaries and bonuses and
allowing the looting and fleecing of both the national treasury and
citizens.
No need to go back to the Great Depression,
but we only need to go back to the last 30 years or so and go over some
of these campaigns against the American people. Government campaigns
that robbed us of our savings, our pensions, our 401K, our shareholdings
and investments in publicly traded companies, robbed us of the equity in our homes which for most Americans are the only true savings.
Now just imagine, a country like ours
with the best and well known business schools such as Stanford, Chicago,
Indiana, Michigan, Harvard, Northwestern graduating some of the best
and brightest, why is it that our economy and financings are poorly
managed, always take a big hits and we suffers from so many periodic
looting of our assets, the little we have. Perhaps those entrusted with
managing our economy as bright as we think, perhaps more stupid indeed
greedy. This could not happen without the Feds, Wall Streets, Congress
and the administrations all-conspiring to wage War on Citizens, over and
over and over.
We start with the Saving & Loan
Association Crisis of 1980-1990 were 747 saving & loans went bust
costing us poor taxpayers over $341 Billions as if the loss of our
savings in these banks was not enough. Bankers and real estate developers fleeced so many of us, fleeced so many banks certainly international investors like the Japanese who invested
billions in golf courses and buildings only to get back a nickel on the
dollar. This could not happen or take place without bankers being on
the take with developers inflating the investments and the bankers inflating the loans for a kick back It is that simple. This is the price of deregulation.
Then came the Junk Bond Crisis, were
certain greedy bankers such as Drexel Burnham Lambert organized what is
called “leveraged buyout” of well-known companies, simply looting them
out of the cash they have and then make the stock worthless and then
offer these stocks as “junk bond” to another groups of financial crooks.
Just think of the tens of millions of
Americans, small time shareholders who lost the value of their shares,
making the likes of Dennis Levine, Ivan Boesky, and Michael Milken multi
billionaires. In 1983 over 1/3 of all corporate bonds issued were
non-investment grade. Board of directors of many companies instituted
the “poison pill” or “self destruct” trying to prevent these greedy
crooks from take over of their companies. This crisis cost American
taxpayers over $500 billions not to mention the trillions of
shareholders assets that went up in smoke.
And now welcome to the age of the
Internet and new technology. Promoters with registered “corporate names”
only and simple idea were able to raise tens of millions of dollars and
where billions simply disappeared in what is known now as the “Internet
Bubble” of 2003-2006. This reminds of me of a similar and much earlier
“bubble” in Kuwait in what is known, as “souk almanakh” were registered
companies with only a P.O Box, no business, no staff, only a name and
address were traded for millions. The Kuwaiti government rich in funds
was able to bail out thousands of investors who lost every thing in this
spectacular behavior of stupidity and greed.
When the crooks of Enron waged war on
California, rigging electricity and energy prices causing California to
almost go bust, Bill Clinton then treasury secretary Larry Summers
simply refused to even consider the legitimate claims of Californians
that Enron was rigging the prices. Secretary Summers did not believe the
millions of consumers but he believed Enron.
Fortune Magazine named Enron “America’s
Most Innovative Company” for 6 years in a row. Now I am sure you agree
with me, these “financial analysts” of Wall Street and financial media
do not know damn thing. Same with accounting firms that simply signed on
the dotted lines without even doing what they suppose to do, diligent
audit, as was the case with Arthur Anderson. Enron claimed revenues of
over $ 100 billions in 2000 when in fact the books were cooked.
Enron employees who trusted the
management and in the audit company and in the Federal Government to
protect their interests lost hundreds of millions of their 401K and of
course their life time savings in company stocks that became worthless.
Many simply loosing every thing, including their entire pension funds.
Now I call that another war against the citizens and people of America.
Do not know what is the role of government if not to govern? Imagine if
the Tea Party has its way, America will become the Wild Wild West at the
mercy of gun slinging Wall Street.
It seems that our “best and brightest”
those guys who run our economy and finances are part of a private
criminal enterprise called “Federal Reserve” which is part of a bigger
criminal financial mafia called the “Rothschild” are not so smart, in
fact stupid and criminals.
The Auto Industry did not go down simply
because Detroit produced bad cars, it went down because Wall Street was
remotely managing Detroit just like it manage all of the major public
corporations. Of course Detroit executives arrogant, reckless and full
of themselves (I hired one such executive and I lost over $2.5
millions), who rather than manage the floors were spending most of their
days managing Wall Street “financial analyst” who with few sound bites
on the evening and business news cause company stocks to lose hundreds
of millions if not billions.
Wall Street, the same people who caused
many companies to go bankrupt through looting, got over $80 billions in
bailout money. Over 20,000 autoworkers lost their pensions as part of
the bailout and this is only in one company Delphi.
Timothy Geithner part of the network of
Feds who took the country and the nation to bankruptcy sold GM stocks at
a loss ($ 25) knowing that tax payers will not get a cent unless the
stocks are traded above $52 per share. The Auto Industry lost 40,000
jobs out of 60,000 union jobs, and shareholders like you and me got
ZILCH. Only bondholders and big financial institutions
and lenders like JP Morgan and Citibank got 100% of their investment.
Steve Rattner the man appointed to manage the auto bailout grabbed
pension funds to pay off Wall Street. These are the guys who are running
our nation economy.
Of course the story is not finished till
we reach the biggest of all wars, a nuclear war against the American
people where tens of millions lost their homes, lost billions in home
equity. All this happened not while the government and Congress slept,
all this happened in day light time with the former chairman of the Feds
Alan Greenspan calling Wall Streets schemes of fraud, lies and
sub-primes “creative instruments”. And this man is considered a
brilliant banker. Questionable brilliance at best.
Policy makers in the White House and in
Congress where “wining an dinning” raising hundreds of millions of
dollars in campaign financing from Wall Street while Wall Street was
doing what it does best, rob the American people. Imagine banks with
their own hedge funds were betting against their own clients. Hedge
funds owners made billions while shareholders lost trillions. This is OK
with our Congress.
Most if not all of these financial institutions
were simply marketing worthless “financial instruments” to domestic and
international buyers knowing well they were worthless. Over $1.3
trillions in mortgage, with 7.5 millions in first lien in default and
over 4 millions in foreclosures.
Freddie Mac and Fannie May while paying
their executive officers tens of millions in annual salaries and stocks
were buying “financial instruments” that were worthless. It is party of
“you scratch my back I scratch yours ”. Freddie Mac stocks that were
traded above $60 became worth few pennies. Yes, I am sure many of us
lost tens of thousands of dollars in Freddie Mac stocks just like we
lost in GM and many other companies.
Not so sure what you want to call all of
these events, deliberate, no accident specially since they were of the
making of Congress, administration in collusions with Wall Street. Few
minutes ago, the news was out that Wells Fargo made over $5.2 billions
in the last quarter, with Citibank making $4.2 billions. All the while
we the people paid out for bailing these banks, banks run and manage by
stupid crooks and we as citizens continue to suffer from high
unemployment, minimum wage, lost pensions, lost of our lifetime savings.
I have no other name for all of this other than America’s War against its citizens. Love to hear your feedback. Till next time
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