Jamie Dimon – Page 2 – The Burning Platform

SAYONARA GLOBAL ECONOMY

“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.” – Ludwig von Mises

The surreal nature of this world as we enter 2015 feels like being trapped in a Fellini movie. The .1% party like it’s 1999, central bankers not only don’t take away the punch bowl – they spike it with 200 proof grain alcohol, the purveyors of propaganda in the mainstream media encourage the party to reach Caligula orgy levels, the captured political class and their government apparatchiks propagate manipulated and massaged economic data to convince the masses their standard of living isn’t really deteriorating, and the entire façade is supposedly validated by all-time highs in the stock market. It’s nothing but mass delusion perpetuated by the issuance of prodigious amounts of debt by central bankers around the globe. And nowhere has the obliteration of a currency through money printing been more flagrant than in the land of the setting sun – Japan. The leaders of this former economic juggernaut have chosen to commit hara-kiri on behalf of the Japanese people, while enriching the elite, insiders, bankers, and their global banking co-conspirators.

Japan is just the point of the global debt spear in a world gone mad. Total world debt, excluding financial firms, now exceeds $100 trillion. The worldwide banking syndicate has an additional $130 trillion of debt on their insolvent books. As if this wasn’t enough, there are over $700 trillion of derivatives of mass destruction layered on top in this pyramid of debt. Just five Too Big To Trust Wall Street banks control 95% of the $302 trillion U.S. derivatives market. The reason Jamie Dimon and the rest of the leaders of the Wall Street criminal syndicate commanded their politician puppets in Congress to reverse the Dodd Frank rule on separating derivatives trading from normal bank lending is because these high stakes gamblers want to shift their future losses onto the backs of middle class taxpayers – again. The bankers, with the full support of their captured Washington politicians, will abscond with the deposits of the people to pay for their system destroying risk taking, just as they did in 2008 by holding taxpayers hostage for a $700 billion bailout.

Only the ignorant, intellectually dishonest, employees of the Deep State, CNBC cheerleaders for the oligarchy, or Ivy League educated Keynesian loving economists choose to be willfully ignorant regarding the true cause of the 2008 implosion of the worldwide financial system. The immense expansion of credit in the U.S. from 2000 through 2008 was created, encouraged, supported and sustained by Alan Greenspan, Ben Bernanke and their cohorts at the Federal Reserve through their reckless lowering of interest rates and abdication of regulatory oversight, as their owner banks committed the greatest financial control fraud in world history. Total credit market debt in the U.S. grew from $25 trillion in 2000 (already up 100% from $12.5 trillion in 1990) to $53 trillion by 2008.

The bankers, politicians, mainstream media corporations, and mega-corporations that run the show lured Americans into increasing their credit card, auto loan, and student loan debt from $1.6 trillion in 2000 to $2.7 trillion in 2008, while extracting over $600 billion of phantom home equity from their McMansions. And it was all spent on things they didn’t need, produced in Chinese slave labor factories. The mal-investment boom was epic and the collapse in 2008 would have purged the bad debt, punished the risk takers, bankrupted the criminal banks, reset the financial system, and taught generations a lesson they needed to learn – excess debt kills. Instead of voluntarily abandoning the madness of never ending credit expansion and accepting the consequences of their folly, the world’s central bankers and captured politician hacks chose to save bankers, billionaires, and the ruling elite at the expense of the common people.

The false storyline of government austerity continues to be peddled to the public, but is nothing but pablum served to the mentally infantile masses, while the criminals continue to manufacture debt out of thin air, pillage the wealth of the working class, gamble recklessly knowing it’s with taxpayer funds, debase their currencies in an effort to make their debts easier to service, and enrich themselves and their cohorts, while impoverishing the little people. Consumer credit card debt peaked at $1.02 trillion in mid-2008. After hundreds of billions in bad debt write-offs by the Wall Street banks and shifted to the taxpayer, the American consumer has purposefully avoided running up credit card debt on Chinese produced crap, despite the urging of bankers, the mainstream media and politicians to revive our warped, debt laden, consumption dependent economy. Credit card debt is currently $140 billion BELOW levels in 2008, despite the never ending propaganda about an economic and jobs recovery. The fake Wall Street created housing recovery is confirmed by the fact mortgage debt outstanding is $1.4 trillion LOWER than 2008 heights and mortgage applications are hovering at 1999 levels.

Where Americans were in control and understood the consequences of their actions, they willingly reduced their debt based consumption. This was unacceptable to the powers that be at the Federal Reserve, in the banking sector, consumption dependent mega-corporations, and their government puppets on a string. The government took complete control of the student loan market and used their ownership of the largest auto lender – Ally Financial (aka GMAC, aka Ditech, aka Rescap) to dole out subprime auto loans and subprime student loans at a prodigious rate. The Wall Street banks joined the party, with assurance from Yellen and the Obama administration their future losses would be covered.

The Greenspan/Bernanke/Yellen Put lives on. So, while credit card debt is 14% below 2008 levels, student loan and auto loan debt has soared by 47%, up $769 billion from its early 2010 lows. The Fed and their government minions have desperately accelerated their credit expansion in a futile effort to revive our moribund, debt saturated, welfare/warfare empire of delusion. After temporarily plateauing at $52 trillion in 2010, the acceleration of consumer credit, issuance of corporate debt to fund stock buybacks, and of course the $5 trillion added to the National Debt by Obama, have driven total credit market debt to an all-time high of $58 trillion. In addition, the Fed expanded their balance sheet by $3.6 trillion through their various QE schemes, funneling the interest free funds to their Wall Street owners to create the illusion of economic recovery through a stock market surge. The .1% never had it so good.

Of course, the U.S. has not been alone in attempting to cure a disease caused by excessive debt by issuing trillions in new debt. It is clear to anyone not in the employ of the Deep State that central bankers in the U.S. are working in concert with central bankers in Europe and Japan to keep this farcical Keynesian nightmare from imploding under an avalanche of deflation, wealth destruction, chaos and retribution for the guilty. The Federal Reserve used every means at their disposal to hide the fact they bought over $400 billion of mortgage backed securities from European banks and in excess of $1.5 trillion of their QE benefited foreign banks. It was no coincidence that one day after the Fed ended QE3, the Bank of Japan announced a massive “surprise” increase in purchases of bonds and stocks. It wasn’t a surprise to Janet Yellen, as this was the plan to keep stock markets rising, record Wall Street bonuses being paid, and further enrichment of the .1% global elite. The Japanese stock market has surged 18% since the October 31 announcement, with the U.S. market up 10%. Now it is time for Draghi to pick up the baton and create another trillion or two to support the lifestyles of the rich and famous. Central bankers know who they really work for, and it’s not you.

With global worldwide debt now exceeding $230 trillion we have far surpassed the point of no return. There is no mathematical possibility this debt will ever be repaid. And this doesn’t even include the hundreds of trillions of unfunded liability promises made by corrupt politicians around the world. The level of total global debt to global GDP, at nosebleed levels of 210% in 2008, has escalated past 240% as central bankers push the world towards a final and total catastrophe. With U.S. credit market debt of $58 trillion and GDP of $17.6 trillion, the U.S. is a basket case at 330%. The UK, Sweden and Canada are on par with the U.S.

But Japan takes the cake with total debt to GDP exceeding 500% and headed higher by the second. Their 25 year Keynesian experiment by mad central bankers and politicians enters its final phase of currency failure. Negative real interest rates, trillions wasted on worthless stimulus programs, and currency debasement have failed miserably, so Abe’s solution has been to double down and accelerate failed solutions. Only an Austrian economist can appreciate the foolishness of such a reckless act.

“Credit expansion is the governments’ foremost tool in their struggle against the market economy. In their hands it is the magic wand designed to conjure away the scarcity of capital goods, to lower the rate of interest or to abolish it altogether, to finance lavish government spending, to expropriate the capitalists, to contrive everlasting booms, and to make everybody prosperous. – Ludwig von Mises

Continue reading “SAYONARA GLOBAL ECONOMY”

Want to Know Who Really Runs the United States?

Guest Post by Bill Bonner

A Visit to Zombie Town

Dow down 99 points on Monday. Gold fell $28 an ounce – its fourth straight day of losses. Stock markets have been slipping all over the world, especially in Europe. But outside of Russia, and maybe Greece, so far there is no sign of real panic. That will come later.

We’re spending this week in Washington, zombie watching. Yesterday, we spent the evening in the lobby of The Willard hotel. A choir sang carols.

“Hark the herald angels sing,

“Glory to the newborn King!”

In one corner a group of cronies sat negotiating a deal; whose ox they were goring we don’t know. Pairs of women sipped their champagne and nibbled their cookies. A few tourists gawked at the splendor of it: a Christmas tree worthy of Yosemite… ceilings rivaling those of the Louvre.

dre-blog2 Photo credit: Andrew Bossi

Your editor – his laptop in one hand and a glass of Cabernet in the other – sat in another corner, enjoying the singing and inconspicuously recording events.

As Timeless as Prostitution

Politics is the leading industry in this town. When JPMorgan Chase CEO Jamie Dimon was on line on Thursday, the other end of the line was here. Dimon was adding his backing to the so-called “cromnibus” bill – which, among other things, again allows Wall Street banks to take risky derivative bets with consumer deposits.

Here’s one of our dear readers with the story:

“The US House passed a bill repealing the Dodd-Frank requirement that risky derivatives be pushed into big-bank subsidiaries, leaving our deposits and pensions exposed to massive derivatives losses. The bill was vigorously challenged by Senator Elizabeth Warren; but the tide turned when Jamie Dimon, CEO of JPMorgan Chase, stepped into the ring.

Perhaps what prompted his intervention was the unanticipated $40 drop in the price of oil. As financial blogger Michael Snyder points out, that drop could trigger a derivatives payout that could bankrupt the biggest banks.”

Compared to New York, D.C. is remarkably quiet. Not too much traffic yesterday. Few people on the streets in the downtown area. It was quiet, calm, peaceful – like the beginning of a horror movie.

Our hotel has a completely different clientele and atmosphere than the boutique New York hotel we stayed in last week. In Lower Manhattan we saw “hipsters” and artists… publishers and filmmakers. Everyone seemed young and fashionable. The shops were busy. The old buildings – with their industrial windows and loading docks – recalled yesterday’s.

Washington, on the other hand, is as timeless as prostitution. Here, men still wear business suits and ties. Women are not quite as chic as New Yorkers. All look as though they take themselves too seriously… as though the future of the planet depends on what they did today. They must be trying to compensate for the fact that their work – and their lives – are parasitic and pointless.

They come and go in the hotel lobby. One is off to try to pull a little pork out of a Nebraska senator. Another is looking for help with a Pentagon contract. They are all zombies, we reckon, all getting without giving anything of any real value.

Zombie Invasion Don’t believe that Washington is zombie infested? Think again.

Photo via gothic.net

Jamie Dimon – Hero

Dimon must be a hero to this crowd…

He is not in politics … and not even a full-fledged master of zombie arts. After all, he must spend some of his time at JPMorgan Chase offering real services – or at least the appearance of them – to get clients to part with their money.

On Thursday, he did the rest of the nation a grave disservice. But in helping to push Republicans and Democrats to the scammy bipartisan “cromnibus” bill, he helped keep the lights on in Washington.

The federal government was getting ready to shut down. Then Dimon got on the phone. It was probably a tit-for-tat payback. The feds helped keep his lights on in 2008. Now, he has repaid the favor.

Colleague Dan Denning, newly returned from 10 years in Australia, is appalled. He was a congressional page 25 years ago. All of the twisted roots he saw sink into the D.C. earth in the 1980s have now grown into full-sized trash trees. They now cast their long shadows over Washington… and the nation.

It was in the beginning of the 1980s that President Reagan’s budget director David Stockman lost his famous battle for the soul of the Republican Party.

Stockman believed the GOP should remain true to its best traditions and should demand balanced federal budgets. But the progressive wing of the party was more interested in winning elections and distributing pork than in fiscal rectitude.

The Reagan administration went on to run some of the biggest deficits in history. And that was just the beginning. Among the bits of grease in the $1.1 trillion spending bill passed Saturday night was a provision allowing Dimon’s Wall Street cronies to “donate” up to $230,000 each to the Republicans and Democrats. This will help cement their control of the political process.

It was a win-win deal: Dimon got something. And the feds got something. That must be why the Wall Street Journal labeled it a “rare bipartisan success.” We understand the bipartisan success part: Both Washington and Wall Street benefited.

It’s the “rare” part we don’t understand.

dimonbillfold Behold this here billfold, which shall henceforth be wide open to zombies on both sides of the aisle, so that they may continue to preserve our hard-won privileges in bi-partisan unity, amen.

Photo credit: AFP

The above article is taken from the Diary of a Rogue Economist originally written for Bonner & Partners. Bill Bonner founded Agora, Inc in 1978. It has since grown into one of the largest independent newsletter publishing companies in the world. He has also written three New York Times bestselling books, Financial Reckoning Day, Empire of Debt and Mobs, Messiahs and Markets.

PIGMEN WIN AGAIN

“The real owners are the big wealthy business interests that control things and make all the important decisions. Forget the politicians, they’re an irrelevancy. The politicians are put there to give you the idea that you have freedom of choice. You don’t. You have no choice. You have owners. They own you. They own everything. They own all the important land. They own and control the corporations. They’ve long since bought and paid for the Senate, the Congress, the statehouses, the city halls. They’ve got the judges in their back pockets. And they own all the big media companies, so that they control just about all of the news and information you hear. They’ve got you by the balls. They spend billions of dollars every year lobbying lobbying to get what they want. Well, we know what they want; they want more for themselves and less for everybody else.” – George Carlin

After the disgusting example of politicians of both spineless parties bowing down before Wall Street, the military industrial complex and corporate interests this weekend with the passage of a bloated pig of a spending bill totaling $1.1 trillion, how can anyone not on the payroll of the vested interests not admit there is only one party – and it serves only the needs of the wealthy business interests. Obama, champion of the common folk, signed this putrid example of political corruption and corporate capture of the American political system. For all the believers who voted for the red team in the November mid-terms, this is what you got – a bipartisanship screwing of the American people.

The entire episode has been nothing but Kabuki Theater. Both parties have proven to be puppets marching to the tune of Wall Street moneyed interests, while further entrenching the status quo by voting to allow more corporate influence over the election process. Each side of the aisle allowed just enough dissent to make it appear they might not reach an agreement. But at the end of the day Pelosi, Boehner, Reid and McConnell joined hands and gave it to the American public good and hard. And of course we had the candidates for president in 2016 Warren and Cruz playing to their constituents with speeches and maneuvers designed to make them look like fighters for the common man. It was nothing but a show, as they did nothing substantive to stop the bill from passing.

What this entire debacle has proven is that voting doesn’t matter. Your vote is meaningless. Political parties are nothing more than a front for the vested interests. The corrupt politicians are bought and sold by Wall Street and corporate interests. The bills are written by lobbyists for the vested interests. When a spending bill is over 1,700 pages, the purpose is to obscure, hide and insert provisions that will benefit those with money to influence the process at the expense of average Americans. None of the perpetrators in Congress actually read this bill. The public had no say regarding this bill. If this is what bipartisan cooperation looks like, I’ll take gridlock. The system has been so completely captured by those pulling the wires, they no longer even pretend to care what we think. They keep winning and care not about the consequences of their ruthless despicable pillaging.

Politicians decry money in politics when they are paraded onto the mainstream media talk shows. They profess to be men and women of the people, fighting for our rights. So how do they go about getting money out of politics? They dramatically expand the amount of money wealthy political donors can inject into the national parties, drastically undercutting the 2002 landmark McCain-Feingold campaign finance overhaul. A wealthy donor who could only give a maximum of $32,400 this year to the Democratic National Committee or Republican National Committee can now give ten times as much – a total of $324,000. Do you think these wealthy donors might have ten times more influence over government policies, laws, regulations, and tax codes? Do you think these donors are contributing these funds to fight for the rights of average Americans making $50,000 per year? This change just further entrenches the rich vested interests. Your vote just became even more meaningless.

The most outrageous provision in the spending bill is Wall Street putting the American taxpayer on the hook for when their $250 trillion of derivatives of mass destruction blow up the worldwide financial system again. Elizabeth Warren, playing her part in this farce, feigns outrage, knowing it will pass anyway:

“Mr. President, Democrats don’t like Wall Street bailouts. Republicans don’t like Wall Street bailouts. The American people are disgusted by Wall Street bailouts. And yet here we are five years after Dodd-Frank with Congress on the verge of ramming through a provision that would do nothing for the middle class, do nothing for community banks, do nothing but raise the risk that taxpayers will have to bail out the biggest banks once again. You know, there is a lot of talk lately about how Dodd-Frank isn’t perfect. There is a lot of talk coming from CitiGroup about how Dodd-Frank isn’t perfect. So let me say this to anyone listening at Citi —I agree with you. Dodd-Frank isn’t perfect. It should have broken you into pieces. If this Congress is going to open up Dodd-Frank in the months ahead then let’s open it up to get tougher, not to create more bailout opportunities.”

Senator Warren does hit at the heart of the matter. The Too Big To Fail banks should have been made too small to matter after they created the 2008 worldwide financial collapse. Congress should have reinstated Glass Steagall, the insolvent Wall Street banks should have been liquidated or sold off piece by piece, and the American taxpayer shouldn’t have had to pay one dime. Instead, those banks became bigger, more powerful, more arrogant, and more reckless. And now they are writing the laws supposedly regulating them. Regulatory capture at its finest.

Dodd-Frank was already a behemoth mess of a law, written by bank lobbyists, and so complex it was always destined to fail. The law that set up America’s banking system in 1864 ran to 29 pages; the Federal Reserve Act of 1913 went to 32 pages; the Banking Act that transformed American finance after the Wall Street Crash, commonly known as the Glass-Steagall act, spread out to 37 pages. Dodd-Frank was 848 pages long. One of the few beneficial sections of the law was the provision that required banks to “push out” their derivatives trading into separate entities not backed by the Federal Deposit Insurance Corporation. Essentially, this provision prohibited the Too Big To Trust Wall Street Banks from using the deposits of customers to gamble on derivatives, with no capital behind the gambling. Any Wall Street bank that wanted to trade derivatives had to do it in non-insured subsidiaries, and when these trades blew up in their faces, the banks would be solely on the hook. They prefer the they win you lose method.

This spending bill included language written directly by Citigroup and inserted by the politicians in the back pocket of Jamie Dimon and the rest of the Wall Street cabal. Dimon showed no shame as he personally called lawmakers to insist they pass this bill with the gutting of Dodd Frank. Wall Street bankers can now gamble with the deposits of their clients with impunity generating obscene insider profits, and when they inevitably blow up the financial system again the American taxpayer will be on the hook for the losses. In a shocking development, the members who voted for the spending bill had received vastly more political contributions (bribes) than those who voted no. Simon Johnson, former chief economist of the International Monetary Fund and a professor at the MIT Sloan School of Management, concisely sums up the goal of this provision:

“It is because there is a lot of money at stake. They want to be able to take big risks where they get the upside and the taxpayer gets the potential downside.”

And there will be downside. Like Captain Renault in Casablanca, Jamie Dimon and the rest of the Wall Street CEOs will be shocked to find there has been gambling going on in their upstanding institutions of finance, as they cash their $10 million bonus checks. The markets are already overvalued, built on a foundation of debt, and rigged by the Wall Street scumbags. They make Bernie Madoff look like an upstanding citizen. It seems awfully coincidental this provision was inserted into the 1,700 page bill just as the markets have begun to tremor. Wall Street wouldn’t be preparing for another earthquake, would they? The fact that Obama signed this bill is a reflection of him being a spineless toady figurehead, doing the bidding of the ruling class.

The Republicans have run against Obamacare since the day it was passed in 2009. They have threatened to overturn it, de-fund it, and scale it back. This spending bill fully funds Obamacare just as it was passed. Dozens of Republicans voted for a spending bill that fully funds the program they despise. Obama recently subverted the U.S. Constitution once again with his latest executive order allowing illegal immigrants to stay in the U.S. and enjoy our wonderful welfare system. The Republicans were morally outraged and their response was to fund Obama’s executive order to the tune of $2.5 billion. There’s $948 million for the Department of Health and Human Service’s unaccompanied children program — an $80 million increase. The department also gets $14 million to help school districts absorbing new immigrant students. And the State Department gets $260 million to assist Central American countries from where of the immigrant children are coming.

So much for principles, ethics, and courage. You see bipartisanship in Congress means that one side will agree to fully fund the welfare state as long as the other side will fully fund the warfare state, while both sides do whatever Wall Street instructs them to do. Neither side cares that the National Debt increases by $2.5 billion per day. That’s what the Fed is for. The neo-cons in the Republican party were happy, as their dreams of World War III come closer to fruition. There’s $1.3 billion for a new Counterterrorism Partnership Fund; $5 billion for military operations to combat the Islamic State, including $1.6 billion to train Iraqi and Kurdish forces (I thought we already trained them once before); $500 million for a Pentagon-led program to train and equip vetted Syrian opposition fighters; $810 million for ongoing military operations in Europe, including requirements that at least $175 million is spent in support of Ukraine and Baltic nations. And you were worried about Defense cuts. The military industrial complex will never allow their profits to decline. If we run out of real enemies, we just make them up out of thin air – ISIS, or go back to the Cold War playbook and declare Russia to be an imminent threat to our safety and security.

Despite running $800 billion actual (not the BS reported deficits) annual deficits, the political hacks of the ruling party still funnel $3.1 billion per year to Israel, $1.3 billion to the dictator in Egypt, and $1 billion to our puppets in Jordan. This hyper-interventionism in the affairs of countries around the globe, either through military intervention, supplying arms, overthrowing elected leaders, or funding dictators has destabilized the entire world. Russia is not the aggressor on the world stage, as portrayed by the mouthpieces for the state in the mainstream corporate media. The American empire has created the conditions for havoc, disarray and war to flourish. Someone will ultimately do something stupid and the fury of hell will be unleashed across the globe. And it is our fault.

You’ll be happy to know the trucking industry still has some pull in Congress. Their drivers will be allowed to work 82 hours per week, versus the far too restrictive 70 hours per week. When you are driving your economy car on the interstate and that 18 wheeler is barreling down on you from behind, thank Congress when the drowsy dude behind the wheel is working his 81st hour of the week. And if you were a hard working middle income blue collar worker in businesses such as trucking, construction and supermarkets and were promised a pension, tough luck. Hidden inside the bill was a haircut for pensions. This provision allows the promised pension benefits of up to 1.5 million workers and retirees to be cut. It affects the pooled pension plans — called multi-employer plans — of mostly union workers across a bunch of companies, where it looks like the plans won’t be able to cover full benefits in coming decades.

Could it be any clearer that we are nothing but lowly peasants and the aristocracy inhabiting the protected luxury skyscrapers suites in New York City and the government buildings in Washington D.C. have nothing but contempt and scorn for our plight, as they gorge themselves like pigs at the trough of working people’s wealth? They use taxes and inflation to siphon your savings and earnings, rig the markets so they always win, write the laws to favor themselves, and use the mass media and the police surveillance state to crush dissent, control the message and intimidate the masses. The ruling class fears the masses and continues to prepare for a coming conflict. Within the Intelligence Authorization Act for FY 2015, passed this week, was written a new section that grants the executive branch virtually unlimited access to the communications of every American.

Sec. 309 authorizes “the acquisition, retention, and dissemination” of nonpublic communications, including those to and from U.S. persons. The section contemplates that those private communications of Americans, obtained without a court order, may be transferred to domestic law enforcement for criminal investigations. Sec. 309 provides the first statutory authority for the acquisition, retention, and dissemination of U.S. persons’ private communications obtained without legal process such as a court order or a subpoena. The administration currently may conduct such surveillance under a claim of executive authority, such as E.O. 12333. However, Congress never has approved of using executive authority in that way to capture and use Americans’ private telephone records, electronic communications, or cloud data.

The majority of American people still believe they live in a democracy where their vote matters. Sadly, they are living in a delusional fantasy world, as they actually live in a corporate fascist welfare/warfare surveillance state run by one party of vested corporate interests. Until consent is withdrawn and the pigmen are violently confronted, nothing will change. The existing social order will be swept away within the next fifteen years as this Fourth Turning reaches its bloody conclusion. You may think we are all equal under the law, but Orwell knew that some are more equal than others. Can you distinguish the pigs from the men?

“The creatures outside looked from pig to man, and from man to pig, and from pig to man again; but already it was impossible to say which was which.” ― George Orwell, Animal Farm

“Democracy is the theory that the common people know what they want and deserve to get it good and hard.” ― H.L. Mencken

Eric Holder Takes $77 Million Job With JPMorgan Chase

Via the Daily Currant

Just after announcing his resignation as U.S. attorney general, Eric Holder has accepted a top job with Wall Street finance giant JPMorgan Chase.

Starting in early November, Holder will serve as JPMorgan Chase’s chief compliance officer, where his responsibilities will include lobbying Congress on the company’s behalf and ensuring it “gets the best deal possible” from any new proposed financial regulations. Holder will also fetch morning coffee and breakfast orders for CEO Jamie Dimon and board members.

For his efforts, Holder will earn an annual salary of $77 million plus bonuses for a job well done.

In a statement, Holder said taking a job at JPMorgan Chase was the logical next step in his career, given the revolving door between financial companies and the government officials who are supposed to regulate these companies.

“By joining JPMorgan Chase, I’m simply cutting out the middleman — the U.S. Justice Department — and going to work directly for the great Jamie Dimon,” he said. “Plus, when Jamie Dimon calls you, or one of his many secretaries calls you, you pick up the phone immediately. Seriously, that’s what we do here in Washington.”

“We are extremely pleased to have Eric Holder, a dear friend and and tireless advocate for the interests of Wall Street, join our prestigious financial services firm where he belongs,” Dimon said in a press release. “Considering the awful s**t we did — and boy did we do a lot of sleazy, ugly, ethically insidious s**t — Mr. Holder always stood in our corner and defended us no matter what. Hell, I even got a 74 percent raise out of it!

“We know any of our fellow financial firms would have been happy to have Mr. Holder on staff, yet he chose us. We are sure he will fit right in with our company culture.”

Cowardly Lion of Wall Street

Before President Obama appointed him as attorney general, Holder was a corporate attorney at law firm Covington & Burling, which represented too-big-too-fail banks.

Despite serving as the United States’ top law enforcement official for for six years following the 2007-08 financial crisis and having the budget, Holder failed to hold anyone accountable and declined to prosecute banking executives who played a role in the meltdown. Instead the banks, including JPMorgan Chase, were bailed out and received miniscule fines that often weren’t collected, while the Justice Department went after the mortgage borrowers.

The news that Holder was resigning as attorney general was met with mixed responses from the public.

Reginald Cousins, a construction worker in Baltimore who lost his job and home after the housing bubble burst through fraudulent lending practices, said he was sorry to see Holder go.

“Eric Holder did what he had to do in order to save this country’s economy,” he said as he rummaged through some trash cans for scrap metal and food.

Johnny Weeks, who lost his house shortly after DOJ agents raised his marijuana dispensary, said Holder was a self-serving hypocrite.

“Oh well. At least he was cool with gay marriage.”

JUMP YOU F$#KERS

Too bad it wasn’t Jamie Dimon. Only a few thousand more bankers to go and we’ll be getting somewhere.

Man Jumps To His Death From JPMorgan London Headquarters

Submitted by Tyler Durden on 01/28/2014 07:48 -0500

Early this morning, at JPM’s 33 story high London Headquarters located at 25 Bank Street in Canary Wharf, a 39 year-old man jumped to his death after falling onto a 9th floor roof. The police, who were called to the scene at 8:02 this morning, said they are not treating the death as suspicious and no arrests have been made, suggesting the death was indeed a suicide. London Ambulance Service and London Air Ambulance attended but they could not save the man.

Bloomberg quotes Jennifer Zuccarelli, a spokeswoman for JPMorgan in London who said that “We are reviewing a very sad incident at 25 Bank Street this morning.” The building and the surrounding area is “currently secure,” she said.

From Bloomberg:

The 11-year-old skyscraper is 33 stories high, according to building-data provider Emporis. It was formerly the European headquarters of Lehman Brothers Holdings Inc., which filed for the largest bankruptcy in U.S. history in 2008.

The bank declined to identify the deceased person or say whether they worked for JPMorgan. The police are waiting for “formal identification,” they said in an e-mailed statement.

London24, which also notes that this is the second high profile banking death within just a few days after Deutsche bank announced its former executive William Broeksmit 58, was found dead in his home on Sunday,caught some tweets describing the incident:

Is this just the first of many banker suicides, if indeed this was a suicide?

Enjoy a little musical tribute to Jamie Dimon and his ilk.

J.P. MORGAN BOARD GIVES JAMIE DIMON A 74% RAISE

Do you really think corporate Board of Directors are independent and looking out for the best interests of the stockholders? Look no further than the Board of J.P. Morgan. They voted to give Jamie Dimon an $8.5 million increase in pay for his outstanding performance in 2013. This is a 74% increase over the paltry $11.5 million they paid him in 2012. What would they do without such an outstanding leader?

His brilliant leadership of JP Morgan is clearly borne out by the over $20 BILLION in fines paid during 2013 for the criminal misdeeds of his bank over the last decade of decadence. No wonder he plays tennis inside his multi-million dollar NYC penthouse. With annual pay of $20 million he can afford the damage to his rare art.

Word is that Jamie is terribly disappointed with his shamefully small increase. He was making $23 million per year back in 2011. How can an oligarch make ends meet when his compensation is lower than it was three years ago?

When I see stories like this I wonder what exactly it would take to get fired as CEO of a Too Big To Trust Wall Street Criminal Bank. Cashiers at Home Depot get fired if their till comes up $10 short more than three times in six months. The arrogant pompous CEO of JP Morgan can cost shareholders $20 BILLION in the space of one year and gets a 74% raise.

Of course, the only thing that matters to the Board and the ultra-rich shareholders is the fact that JP Morgan stock is up 22% in the last twelve months. That means his leadership has been stellar. Forget the $6 billion London Whale losses. Forget the mortgage foreclosure fraud. Forget rigging currency and derivatives markets. It’s amazing how much money can be generated when you borrow from the Fed for free, cooperate with the other Too Big To Trust Wall Street Criminal Banks to drive stock prices higher and suppress the price of gold, make accounting entries to relieve loan loss reserves, and fraudulently value your assets based on mark to fantasy accounting. This is truly pay for performance.

I must be doing something wrong. I help steward the resources of my employer in a cautious and conservative manner. I have always attempted to make sure every action I took was the best financial decision for my organization. I’ve done my job well over the years. I’ve gotten between 1.8% and 3% annual raises for my efforts. It looks like I’ve been making a big mistake. I should have taken extremely reckless risks and lost my employer millions in the process. Then I could have been promoted and given huge raises. How could I be so stupid?

Jamie Dimon is a truly disgusting human being. He is the poster boy for everything that is wrong with this fucked up corporate fascist state. He is more powerful than the president. He and his banker cronies own Janet Yellen. When the wheels come off this bus, we can only hope the angry broke masses will focus their ire on the true culprits. The wheels are wobbling. There is a lamppost with Jamie’s name on it. His $20 million won’t help him then.

JP Morgan’s Frauds are Epic,Unprecedented in World History

JP Morgan’s Frauds are Epic,Unprecedented in World History-William Black

By Greg Hunter On January 19, 2014

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

William Black is both a Professor of Law and Economics. He has a wealth of opinions on the politics of spying and Wall Street crime. On President Obama’s curtailing of NSA spying, Professor Black says, “It is only because of Snowden’s disclosures that we know more, and we have this debate . . . The NSA probably intercepts 50,000 documents for every one document that foreign intelligent services collect. So, we are the story internationally. . . . It turns out we were not just spying on terrorists, we were spying on the general population of the world. . . . We used the intelligence we were gathering against journalists to try to discourage whistleblowers from coming forward.” As far as President Obama’s recent curtailment of NSA spying, Professor Black says, “It really tells you the politics of the thing. They decided they had to do something politically to curtail this because they are getting terrible publicity, and they’re getting terrible publicity not just in the United States. . . . This turned into disaster in terms of public relations for the United States and in terms of diplomatic relations.”

Professor Black is a former financial regulator and an expert in white collar crime. What does the Professor think about the trouble JP Morgan Chase has been in over things such as the so-called London Whale trading losses, the selling of tainted mortgage bonds and being a conduit for convicted fraudster Bernie Madoff? Just these three legal debacles alone have cost the bank nearly $23 billion in fines, restitution and trading losses in the last year. Professor Black says, “CEO Jamie Dimon has presided over the largest financial crime spree in world history. . . . It depends on how you count it, but it is more than a dozen, and more in the range of 15 major felonies that either the United States investigators have found, state investigators have found or foreign governments have found.” The Professor goes on to say, “JP Morgan’s frauds are epic in scale, unprecedented in world history. . . in these $23 billion we’re talking about, these are frauds that made Jamie Dimon and other senior officers incredibly wealthy by creating fictional income that led to very real bonuses.”

But, it’s not just JP Morgan. According to Professor Black, the entire financial system is headed for an even bigger collapse. As a major warning sign, Professor Black points to Treasury Secretary Jack Lew’s complaint about no money for regulation in the recent budget deal. Professor Black says, “Jack Lew is the anti-canary in the coal mine because Lew has been gutting regulation for virtually all of his professional life. . . . Lew is saying, my God we’ve gone so far we’re going to cause the collapse of the system. . . . You know when Jack Lew keels over, you know that carbon monoxide has already killed everybody reasonable.” Professor Black goes on to say, “The system is ungovernable . . . It has already largely imploded.” Join Greg Hunter as he goes One-on-One with Professor William Black, who recently updated and re-released his popular book “The Best Way to Rob a Bank is to Own One.”

After the interview, when asked about the possibility of civil unrest, Professor Black said, “I do think we still have a pretty cohesive nation.” Meaning, he thought the chances of widespread violence are small at this point. When asked what it would take to get rid of the rampant fraud and crime in the financial system, Professor Black said, “I do think it will take many more trillions of dollars of losses before we make a serious response.” If you would like to order a freshly updated copy of Professor Black’s book “The Best Way to Rob a Bank is to Own One,” please click this line. There is a lot of new information in the updated edition.

THE RETAIL DEATH RATTLE

“I was part of that strange race of people aptly described as spending their lives doing things they detest, to make money they don’t want, to buy things they don’t need, to impress people they don’t like.” ― Emile Gauvreau

If ever a chart provided unequivocal proof the economic recovery storyline is a fraud, the one below is the smoking gun. November and December retail sales account for 20% to 40% of annual retail sales for most retailers. The number of visits to retail stores has plummeted by 50% since 2010. Please note this was during a supposed economic recovery. Also note consumer spending accounts for 70% of GDP. Also note credit card debt outstanding is 7% lower than its level in 2010 and 16% below its peak in 2008. Retailers like J.C. Penney, Best Buy, Sears, Radio Shack and Barnes & Noble continue to report appalling sales and profit results, along with listings of store closings. Even the heavyweights like Wal-Mart and Target continue to report negative comp store sales. How can the government and mainstream media be reporting an economic recovery when the industry that accounts for 70% of GDP is in free fall? The answer is that 99% of America has not had an economic recovery. Only Bernanke’s 1% owner class have benefited from his QE/ZIRP induced stock market levitation.

Source: WSJ

The entire economic recovery storyline is a sham built upon easy money funneled by the Fed to the Too Big To Trust Wall Street banks so they can use their HFT supercomputers to drive the stock market higher, buy up the millions of homes they foreclosed upon to artificially drive up home prices, and generate profits through rigging commodity, currency, and bond markets, while reducing loan loss reserves because they are free to value their toxic assets at anything they please – compliments of the spineless nerds at the FASB. GDP has been artificially propped up by the Federal government through the magic of EBT cards, SSDI for the depressed and downtrodden, never ending extensions of unemployment benefits, billions in student loans to University of Phoenix prodigies, and subprime auto loans to deadbeats from the Government Motors financing arm – Ally Financial (85% owned by you the taxpayer). The country is being kept afloat on an ocean of debt and delusional belief in the power of central bankers to steer this ship through a sea of icebergs just below the surface.

The absolute collapse in retail visitor counts is the warning siren that this country is about to collide with the reality Americans have run out of time, money, jobs, and illusions. The most amazingly delusional aspect to the chart above is retailers continued to add 44 million square feet in 2013 to the almost 15 billion existing square feet of retail space in the U.S. That is approximately 47 square feet of retail space for every person in America. Retail CEOs are not the brightest bulbs in the sale bin, as exhibited by the CEO of Target and his gross malfeasance in protecting his customers’ personal financial information. Of course, the 44 million square feet added in 2013 is down 85% from the annual increases from 2000 through 2008. The exponential growth model, built upon a never ending flow of consumer credit and an endless supply of cheap fuel, has reached its limit of growth. The titans of Wall Street and their puppets in Washington D.C. have wrung every drop of faux wealth from the dying middle class. There are nothing left but withering carcasses and bleached bones.

The impact of this retail death spiral will be vast and far reaching. A few factoids will help you understand the coming calamity:

There are approximately 109,500 shopping centers in the United States ranging in size from the small convenience centers to the large super-regional malls.
There are in excess of 1 million retail establishments in the United States occupying 15 billion square feet of space and generating over $4.4 trillion of annual sales. This includes 8,700 department stores, 160,000 clothing & accessory stores, and 8,600 game stores.
U.S. shopping-center retail sales total more than $2.26 trillion, accounting for over half of all retail sales.
The U.S. shopping-center industry directly employed over 12 million people in 2010 and indirectly generated another 5.6 million jobs in support industries. Collectively, the industry accounted for 12.7% of total U.S. employment.
Total retail employment in 2012 totaled 14.9 million, lower than the 15.1 million employed in 2002.
For every 100 individuals directly employed at a U.S. regional shopping center, an additional 20 to 30 jobs are supported in the community due to multiplier effects.

The collapse in foot traffic to the 109,500 shopping centers that crisscross our suburban sprawl paradise of plenty is irreversible. No amount of marketing propaganda, 50% off sales, or hot new iGadgets is going to spur a dramatic turnaround. Quarter after quarter there will be more announcements of store closings. Macys just announced the closing of 5 stores and firing of 2,500 retail workers. JC Penney just announced the closing of 33 stores and firing of 2,000 retail workers. Announcements are imminent from Sears, Radio Shack and a slew of other retailers who are beginning to see the writing on the wall. The vacancy rate will be rising in strip malls, power malls and regional malls, with the largest growing sector being ghost malls. Before long it will appear that SPACE AVAILABLE is the fastest growing retailer in America.

The reason this death spiral cannot be reversed is simply a matter of arithmetic and demographics. While arrogant hubristic retail CEOs of public big box mega-retailers added 2.7 billion retail square feet to our already over saturated market, real median household income flat lined. The advancement in retail spending was attributable solely to the $1.1 trillion increase (68%) in consumer debt and the trillion dollars of home equity extracted from castles in the sky, that later crashed down to earth. Once the Wall Street created fraud collapsed and the waves of delusion subsided, retailers have been revealed to be swimming naked. Their relentless expansion, based on exponential growth, cannibalized itself, new store construction ground to a halt, sales and profits have declined, and the inevitable closing of thousands of stores has begun. With real median household income 8% lower than it was in 2008, the collapse in retail traffic is a rational reaction by the impoverished 99%. Americans are using their credit cards to pay their real estate taxes, income taxes, and monthly utilities, since their income is lower, and their living expenses rise relentlessly, thanks to Bernanke and his Fed created inflation.

The media mouthpieces for the establishment gloss over the fact average gasoline prices in 2013 were the second highest in history. The highest average price was in 2012 and the 3rd highest average price was in 2011. These prices are 150% higher than prices in the early 2000’s. This might not matter to the likes of Jamie Dimon and Jon Corzine, but for a middle class family with two parents working and making 7.5% less than they made in 2000, it has a dramatic impact on discretionary income. The fact oil prices have risen from $25 per barrel in 2003 to $100 per barrel today has not only impacted gas prices, but utility costs, food costs, and the price of any product that needs to be transported to your local Wally World. The outrageous rise in tuition prices has been aided and abetted by the Federal government and their doling out of loans so diploma mills like the University of Phoenix can bilk clueless dupes into thinking they are on their way to an exciting new career, while leaving them jobless in their parents’ basement with a loan payment for life.

The laughable jobs recovery touted by Obama, his sycophantic minions, paid off economist shills, and the discredited corporate legacy media can be viewed appropriately in the following two charts, that reveal the false storyline being peddled to the techno-narcissistic iGadget distracted masses. There are 247 million working age Americans between the ages of 18 and 64. Only 145 million of these people are employed. Of these employed, 19 million are working part-time and 9 million are self- employed. Another 20 million are employed by the government, producing nothing and being sustained by the few remaining producers with their tax dollars. The labor participation rate is the lowest it has been since women entered the workforce in large numbers during the 1980’s. We are back to levels seen during the booming Carter years. Those peddling the drivel about retiring Baby Boomers causing the decline in the labor participation rate are either math challenged or willfully ignorant because they are being paid to be so. Once you turn 65 you are no longer counted in the work force. The percentage of those over 55 in the workforce has risen dramatically to an all-time high, as the Me Generation never saved for retirement or saw their retirement savings obliterated in the Wall Street created 2008 financial implosion.

To understand the absolute idiocy of retail CEOs across the land one must parse the employment data back to 2000. In the year 2000 the working age population of the U.S. was 213 million and 136.9 million of them were working, a record level of 64.4% of the population. There were 70 million working age Americans not in the labor force. Fourteen years later the number of working age Americans is 247 million and only 144.6 million are working. The working age population has risen by 16% and the number of employed has risen by only 5.6%. That’s quite a success story. Of course, even though median household income is 7.5% lower than it was in 2000, the government expects you to believe that 22 million Americans voluntarily left the labor force because they no longer needed a job. While the number of employed grew by 5.6% over fourteen years, the number of people who left the workforce grew by 31.1%. Over this same time frame the mega-retailers that dominate the landscape added almost 3 billion square feet of selling space, a 25% increase. A critical thinking individual might wonder how this could possibly end well for the retail genius CEOs in glistening corporate office towers from coast to coast.

This entire materialistic orgy of consumerism has been sustained solely with debt peddled by the Wall Street banking syndicate. The average American consumer met their Waterloo in 2008. Bernanke’s mission was to save bankers, billionaires and politicians. It was not to save the working middle class. You’ve been sacrificed at the altar of the .1%. The 0% interest rates were for Jamie Dimon and Lloyd Blankfein. Your credit card interest rate remained between 13% and 21%. So, while you struggle to pay bills with your declining real income, the Wall Street bankers are again generating record profits and paying themselves record bonuses. Profits are so good, they can afford to pay tens of billions in fines for their criminal acts, and still be left with billions to divvy up among their non-prosecuted criminal executives.

Bernanke and his financial elite owners have been able to rig the markets to give the appearance of normalcy, but they cannot rig the demographic time bomb that will cause the death and destruction of our illusory retail paradigm. Demographics cannot be manipulated or altered by the government or mass media. The best they can do is ignore or lie about the facts. The life cycle of a human being is utterly predictable, along with their habits across time. Those under 25 years old have very little income, therefore they have very little spending. Once a job is attained and income levels rise, spending rises along with the increased income. As the person enters old age their income declines and spending on stuff declines rapidly. The media may be ignoring the fact that annual expenditures drop by 40% for those over 65 years old from the peak spending years of 45 to 54, but it doesn’t change the fact. They also cannot change the fact that 10,000 Americans will turn 65 every day for the next sixteen years. They also can’t change the fact the average Baby Boomer has less than $50,000 saved for retirement and is up to their grey eye brows in debt.

With over 15% of all 25 to 34 year olds living in their parents’ basement and those under 25 saddled with billions in student loan debt, the traditional increase in income and spending is DOA for the millennial generation. The hardest hit demographic on the job front during the 2008 through 2014 ongoing recession has been the 45 to 54 year olds in their peak earning and spending years. Combine these demographic developments and you’ve got a perfect storm for over-built retailers and their egotistical CEOs.

The media continues to peddle the storyline of on-line sales saving the ancient bricks and mortar retailers. Again, the talking head pundits are willfully ignoring basic math. On-line sales account for 6% of total retail sales. If a dying behemoth like JC Penney announces a 20% decline in same store sales and a 20% increase in on-line sales, their total change is still negative 17.6%. And they are still left with 1,100 decaying stores, 100,000 employees, lease payments, debt payments, maintenance costs, utility costs, inventory costs, and pension costs. Their future is so bright they gotta wear a toe tag.

The decades of mal-investment in retail stores was enabled by Greenspan, Bernanke, and their Federal Reserve brethren. Their easy money policies enabled Americans to live far beyond their true means through credit card debt, auto debt, mortgage debt, and home equity debt. This false illusion of wealth and foolish spending led mega-retailers to ignore facts and spread like locusts across the suburban countryside. The debt fueled orgy has run out of steam. All that is left is the largest mountain of debt in human history, a gutted and debt laden former middle class, and thousands of empty stores in future decaying ghost malls haunting the highways and byways of suburbia.

The implications of this long and winding road to ruin are far reaching. Store closings so far have only been a ripple compared to the tsunami coming to right size the industry for a future of declining spending. Over the next five to ten years, tens of thousands of stores will be shuttered. Companies like JC Penney, Sears and Radio Shack will go bankrupt and become historical footnotes. Considering retail employment is lower today than it was in 2002 before the massive retail expansion, the future will see in excess of 1 million retail workers lose their jobs. Bernanke and the Feds have allowed real estate mall owners to roll over non-performing loans and pretend they are generating enough rental income to cover their loan obligations. As more stores go dark, this little game of extend and pretend will come to an end. Real estate developers will be going belly-up and the banking sector will be taking huge losses again. I’m sure the remaining taxpayers will gladly bailout Wall Street again. The facts are not debatable. They can be ignored by the politicians, Ivy League economists, media talking heads, and the willfully ignorant masses, but they do not cease to exist.

“Facts do not cease to exist because they are ignored.” – Aldous Huxley

NARCISSISTIC ARROGANT PRICK

Happy holidays from a narcissistic arrogant prick who runs a Wall Street bank that has paid out $20 billion in fines for their criminal behavior. Instead of being taken away in cuffs and sharing a cell with his buddy Madoff, he frolics in his $50 million penthouse with his obnoxious spawn. The family was just about to sit down and dine on baby fetus souffle and truffles, washed down with the blood of the millions of people he has foreclosed upon.

“Season’s Greetings and Fuck You America. I’m a billionaire and you’re not.” – Love Jamie

I can’t wait for the 2015 Dimon Holiday card.

“We play tennis in the house because we’re transgressive and also we have billions of dollars and no accountability.”

“Don’t the Dimons look giddy? Maybe they read Judge Rakoff’s essay and thought the coast is clear w/all the fines paid.”

“Lack of humility is the petard on which Jamie Dimon has hoisted himself all year. His holiday card comes across as Nero fiddling while J.P. Morgan’s reputation burns.”

“This is a card that expresses sheer exuberance in the sender’s circumstances. Personally, I think this card accurately represents [a] value system which is narcissistic and unrepentant.”

WHO ARE THE REAL TRAITORS?

“I’m neither traitor nor hero. I’m an American.” – Edward Snowden

“If ye love wealth better than liberty, the tranquility of servitude better than the animating contest of freedom, go home from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains set lightly upon you, and may posterity forget that ye were our countrymen.” – Samuel Adams

There are weeks that change the course of human history. There are weeks when people must choose sides. There are weeks that expose the real American traitors. There is no middle ground in this debate. You are either on the side of freedom, liberty, truth, transparency and the U.S. Constitution or you are on the side of mindless obedience, oppression, deception, corruption and tyranny. A courageous young Millennial named Edward Snowden has risked his life and his future to expose the illegal, surreptitious surveillance programs being conducted by the United States government in clear violation of the 4^th Amendment to the U.S. Constitution. The NSA, with the full knowledge of Barack Obama and Congress, has been covertly collecting phone and internet records on millions of Americans with the full cooperation of Verizon and other mega media/data corporations. Our owners have been using the U.S. Constitution to wipe their asses. The 4^th Amendment to the U.S. Constitution is so unambiguous that any intelligent politician, bright journalist or fifth grader in Miss Sabatini’s history class could interpret its meaning and intention. Our founding fathers believed in truth, clarity and simplicity. The traitorous sociopaths in control of our government today believe in obfuscation, ambiguity and complexity.

Living Constitution?

Do you believe the mass collection of metadata information from millions of Americans with no probable cause is an unreasonable search as defined by the 4^th Amendment? Do you believe the complete lockdown of one of the biggest metropolitan areas in the country and the door to door search by heavily armed government security thugs for one wounded teenager, without warrants or probable cause, was a violation of the 4^th Amendment? Do you believe secretive governmental agencies have the right to partner with the biggest internet/communications/mass media corporations in the world to record your phone calls, read your emails, and monitor your internet communications under the bogus justification of the War on Terror (you are more likely to be struck by lightning twice than to be killed by a terrorist)? Do you believe that government agencies tasked with revenue collection can be used to create an enemies list based upon whether you donated to the Ron Paul campaign, believe in liberty, or belong to a Tea Party organization? Do you believe allowing minimum wage government drones to molest little old ladies, paraplegics and three year old children, while conducting full body scans on all airline passengers really makes you safer from phantom terrorists? Do you believe having 30,000 high tech surveillance drones that can see you picking your nose in your driveway from 25,000 feet are not a violation of your privacy rights?

Fourth Amendment to the U.S. Constitution:

The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.

If you answered in the affirmative to any or all of the questions above you are either a government apparatchik, someone dependent upon the surveillance state for your paycheck, a victim of decades of mind control through corporate mass media propaganda, or one of the willfully ignorant masses. Of course the ignorant masses will not be reading these questions as they are focused on the inbred royal family saga, Kim Kardashian’s bastard child pregnancy, and the upcoming episodes of Honey Boo Boo, Teen Mom, I Didn’t Know I Was Pregnant, Duck Dynasty, Real Housewives of Idiocracy or paying $200 on their plastic debt accumulator to watch multi-millionaire freaks of nature play children’s games. Those who argue the U.S. Constitution is a living document open to interpretation by the interchangeable corporate fascist parties that control the reins of power at Versailles on the Potomac are nothing but apologists for the corrupt status quo. The American people are provided the illusion of choice by their owners, but the major policies are kept intact – never ending war, never ending currency debasement, and never ending screwing of the middle class.

The revelations by Millennial martyr, Edward Snowden, about the PRISM program and the fact that the NSA harvests data directly from the servers of Microsoft, Google, Facebook, Apple, Yahoo and other corporate co-conspirators came just days after disclosure that our Orwellian trained keepers had been shredding the 1^st Amendment. The Obama administration has continuously flaunted the Bill of Rights when they interfere with their mission to create a centrally planned welfare/warfare state. Republicans don’t resist Obama’s efforts on Constitutional grounds, as they have no love for its constraints either. The seizure of AP reporter phone records in an effort to uncover leaks and to intimidate the free press, monitoring of reporter James Rosen using false information to obtain a warrant, and the computer hacking of lead Benghazi CBS reporter Cheryl Attkisson are clearly violations of the 1^st Amendment.

There has been faux outrage among those in the establishment. It’s nothing but a game to entertain their rabid disciples. There is virtually no difference between the pretend parties who alternately operate as figurehead leadership in Washington D.C. Both parties cooperated to crush the peaceable assembly of young people exercising their right to petition the government about the blatant criminality of Wall Street bankers. The supposed Soros inspired OWS movement was subdued by Democratic mayors using their local military police hooligans, supported by the Federal surveillance state, in cooperation with the very same criminal Wall Street banks who had destroyed the worldwide financial system in their ransacking of the nation’s wealth through a well planned and executed control fraud.

The cheerleading of this disgusting display of fascist tactics by Rupert Murdoch’s Fox News and the likes of CNN, MSNBC, and Bloomberg News told me everything I needed to know. Those within the status quo will circle the wagons whenever there is a threat to their wealth, power and control. If you make it onto the establishment’s enemies list, the Constitution will not protect you. The only true free speech is being exercised on the internet, for now. The plutocracy of wealthy corporate elite and their captured puppet politicians are attempting to crush dissent and free speech by restricting access to anti-establishment websites, introducing legislation to control the internet and as we now know hacking into sites considered enemies of the state. The guarantee of 1^st Amendment protection has increasingly becoming a quaint old fashion notion in this fascist state.

First Amendment to the U.S. Constitution:

Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.

The Constitution has been increasingly treated as an optional instructional manual by what passes for leadership in this country. An all-out assault has been waged on the 2^nd Amendment by the control freaks who want to create a national gun registry so they know where to send their military assault teams when the time comes. Every assault on our liberties, rights and freedoms is done on behalf of the children. Sinclair Lewis once declared:

“When fascism comes to America, it will be wrapped in the flag and carrying a cross.”

He was wrong. Fascism has come to America, wrapped in fiat currency, carrying a child as a prop, in the name of the War on Terrorism. Presidents have been flaunting their disdain for Article One, Section Eight of the Constitution since World War II. The Imperial American Empire has been militarily enforcing its hegemony over the world since the 1950’s without Congress ever declaring war, as required by the Constitution. Iraq, Afghanistan, Libya, and now Syria are just the latest victims of our hypocritical interventionist state. Our predator drones roam the skies above foreign countries murdering suspected bad guys at the whim of PS3 trained gutless techno geeks sipping a decaf on their 9 to 5 shift. The corrupt spineless swine in Congress expose themselves as nothing more than bought off acolytes of the military industrial complex warned about by Dwight D. Eisenhower in 1961:

“This conjunction of an immense military establishment and a large arms industry is new in the American experience. The total influence — economic, political, even spiritual — is felt in every city, every State house, every office of the Federal government. We recognize the imperative need for this development. Yet we must not fail to comprehend its grave implications. Our toil, resources and livelihood are all involved; so is the very structure of our society. In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military industrial complex. The potential for the disastrous rise of misplaced power exists and will persist. We must never let the weight of this combination endanger our liberties or democratic processes. We should take nothing for granted. Only an alert and knowledgeable citizenry can compel the proper meshing of the huge industrial and military machinery of defense with our peaceful methods and goals, so that security and liberty may prosper together.”

The citizens of this country have failed to heed his warning. We have not been alert and to describe the narcissistic, delusional, math challenged, willfully ignorant sheep, bleating for their safety and security as knowledgeable is beyond laughable. Security and liberty have not prospered together. The arms dealers formed an unholy alliance with the Too Big To Trust Wall Street banks, their sugar daddy Federal Reserve, easily bought off feckless political class, and sociopathic government bureaucrats to create this corporate fascist welfare/warfare state that has subverted our liberty while obscenely enriching the .1% who have used their unwarranted influence in a traitorous manner. The disastrous consequences for the world continue to build like the dome of a volcano before it detonates and destroys everything in a fiery swath of lava.

New Boss Same As The Old Boss

“If people can’t trust not only the executive branch, but also don’t trust Congress and don’t trust federal judges to make sure that we’re abiding by the Constitution, due process and rule of law, then we’re going to have some problems here.” – Barack Obama

The nattering classes who dominate the boob tube spin the storylines of their corporate clients on a daily basis, but the uncovering of the deceitful activities of the ruling establishment by Edward Snowden have exposed the truth about who runs this country. Republicans, Democrats, neo-cons, ultra-liberals, Fox News, MSNBC, the New York Times, Bloomberg, the Wall Street Journal, military generals, and the government drones who monitor our phone calls, texts, emails and internet postings have all shown their true colors in the last week. They don’t care about truth, justice, or the American people. James Clapper lied during sworn testimony before Congress about spying on millions of Americans because he didn’t think he’d be caught. He was caught red handed. And no one is calling for his apprehension and imprisonment.

We are lied to, misled, misinformed, and inundated with falsehoods and propaganda on a daily basis by our leaders. The proof that we live in a plutocracy dominated by two corrupt political parties (with 250 millionaires in Congress), six Wall Street banks (JP Morgan, Bank of America, Citigroup, Wells Fargo, Goldman Sachs, Morgan Stanley), six mass media companies (Comcast, Google, Walt Disney, News Corp., Time Warner, Viacom), seven arm dealers (Lockheed Martin, Boeing, Northrup Grumman, General Dynamics, Raytheon, L-3 Communications, United Technologies), a few politically connected mega-corporations (Exxon, General Electric, Verizon, Microsoft, Wal-Mart, General Motors, Apple, Berkshire Hathaway, IBM), and a few hundred shadowy billionaires is how they have unequivocally declared that Edward Snowden is a filthy high school dropout traitor. He has revealed secrets about how the lords of the manor keep the serfs and peasants under surveillance. Here is a smattering of the vitriol spewed about this American patriot:

“America is now a less safe place. The world is a less safe place because of what Mr. Snowden unilaterally did. He deserves to be prosecuted. I hope they find him in the hole that he’s hiding in in Hong Kong and bring him home and try him.” – Karl Rove

“I hope we follow Mr. Snowden to the ends of the earth to bring him to justice.” – Lindsey Graham

“For this, some, including my colleague John Cassidy, are hailing him as a hero and a whistle-blower. He is neither. He is, rather, a grandiose narcissist who deserves to be in prison.” – Jeffrey Toobin – The New Yorker

“What he did was an act of treason.” – Diane Feinstein

“He’s a traitor.” – John Boehner

“I think he should be prosecuted to the fullest extent of the law. I consider him right now to be a defector.” – Peter King

“There is an obligation both moral, but also legal, I believe, against a reporter disclosing something which would so severely compromise national security.” – Peter King

“I can assure you, this is not about spying on the American people.” – Al Franken

“For me it is literally, not figuratively, literally, gut-wrenching to see this happen, because of the huge, grave damage it does to our intelligence capabilities.” – James Clapper (Perjurer)

“We do not see a tradeoff between security and liberty.” – Keith Alexander – NSA Director

“The national security of the United States has been damaged as a result those leaks. The safety of the American people and the safety of people who reside in allied nations have been put at risk as a result of these leaks.” – Eric Holder

“I think he’s a traitor. I’m suspicious because he went to China. That’s not a place where you would ordinarily want to go if you are interested in freedom, liberty and so forth. It raises questions whether or not he had that kind of connection before he did this.” – Dick Cheney – The Dark Lord

“And I hope that he is prosecuted to the fullest extent of the law.” – Mitch McConnell

“Now you’ve got this 29-year-old high school dropout whistleblower making foreign policy for our country, our security policy. It’s sad, Brian. We’ve made treason cool. Betraying your country is kind of a fashion statement. He wants to be the national security Kim Kardashian. He cites Bradley Manning as a hero. I mean, we need to get very, very serious about treason. And oh by the way, for treason — as in the case of Bradley Manning or Edwards Snowden — you bring back the death penalty.” – Fox and Friends

“Can intelligence operate effectively if every starry-eyed analyst feels entitled to be a self-appointed whistle-blower?” – Gary Rosen – The Wall Street Journal

“Edward Snowden should go to jail, as quickly and for as long as possible.” – John Yoo – The National Review.

“I think on three scores—that is leaking the Patriot Act section 215, FISA 702, and the president’s classified cyber operations’ directive—on the strength of leaking that, yes, that would be a prosecutable offense. I think that he should be prosecuted.” – Nancy Pelosi

“Who is a journalist is a question we need to ask ourselves. Is any blogger out there saying anything – do they deserve First Amendment protection? These are the issues of our times.” – Lindsey Graham

“This lens makes you more likely to share the distinct strands of libertarianism that are blossoming in this fragmenting age: the deep suspicion of authority, the strong belief that hierarchies and organizations are suspect, the fervent devotion to transparency, the assumption that individual preference should be supreme. You’re more likely to donate to the Ron Paul for president campaign, as Snowden did. But Big Brother is not the only danger facing the country. Another is the rising tide of distrust, the corrosive spread of cynicism, the fraying of the social fabric and the rise of people who are so individualistic in their outlook that they have no real understanding of how to knit others together and look after the common good.” – David Brooks

It seems the ruling oligarchs, their mouthpieces in the mainstream media (both conservative & liberal), Machiavellian politicians on both sides of the aisle, unscrupulous military commanders and deceitful government bureaucrats have all rallied to shield their existing perverted surveillance state. These people actually believe that what is best for their own personal interests is best for the citizens of this country. There is only one Party – the Establishment Party. The smear campaign against Edward Snowden began immediately. The vitriolic accusations, venomous scorn, malicious ridicule and pathetic attempts to discredit Edward Snowden for sacrificing everything on behalf of the country he loves has revealed more truth about how the real world operates than the thousands of articles written by supposed “conspiracy theorists” over the last decade. Anyone with their eyes open and mind not controlled by the regime know the real criminals in this tragedy. Leon Trotsky, who also participated in a brutal fascist surveillance state, put it best:

“The real criminals hide under the cloak of the accusers.”

In a country where those in power encourage and participate in the plundering of people’s bank accounts by billionaires, the largest financial control fraud in world history by the biggest Wall Street banks, treating every citizen as a suspect until proven otherwise under the auspices of the ironically named Patriot Act, creating an Orwellian surveillance state of cameras, drones and snitches, torturing suspected enemies, conducting military exercises in the skies above our cities, seizing reporters’ personal records, using government agencies to harass political opponents, listening to our phone calls with warrantless wiretaps, reading our emails and texts, brutally crushing peaceful protests, attempting to disarm us, locking down an entire city and kicking doors down while searching for a hapless wounded teenager, appropriating our DNA, detaining us without charges, assassinating suspected dissidents, regulating what we can eat, drink or smoke, passing 2,500 page corporate lobbyist written bills that no one has read, using laws to enhance the wealth of the .1%, creating a tax code designed to minimize the burden on the .1%, the feeding of economic information by the Fed and Federal government to connected crony banks minutes before the public so they can pre-program their HFT computers to profit at the expense of the muppets, conducting cyber-attacks on sovereign countries and then feigning outrage when the favor is returned, and militarily intervening around the world under the false guise of strategic interests, we are supposed to trust the establishment? As we descend further into tyranny, I don’t know which is sadder – the pure evil of these men or the apathy and complacent acquiescence of the willfully ignorant masses to the methods employed by their owners. The numerous laws passed by those in power are just more proof of how corrupt our society has become.

“The more corrupt the state, the more numerous the laws.” – Tacitus

The threat of tyranny was still raw in 1975, after the Watergate cover-up, when Senator Frank Church warned about the National Security Agency:

“I know the capacity that is there to make tyranny total in America, and we must see to it that this agency and all agencies that possess this technology operate within the law and under proper supervision, so that we never cross over that abyss. That is the abyss from which there is no return.”

Again, we failed to heed his warning. We’ve crossed over the abyss and the vision of our future will be the boot of a DHS thug stomping on the face of an American citizen – forever.

True Ruling Power of Our Country

“When the people fear their government, there is tyranny; when the government fears the people, there is liberty.” – Thomas Jefferson

Whenever I would use the term oligarchs, ruling elite, powers that be, owners, .1%, or ruling class, it always sounded too conspiratorial. But after years of reading the writings of Edward Bernays, Aldous Huxley, George Orwell, Ron Paul, George Carlin and a number of other “crazy” bloggers, while witnessing with my own two eyes what is happening in this country, I’ve come to the conclusion that our country is run by an invisible government consisting of a small cadre of rich powerful men who manipulate, obfuscate, eliminate and fabricate in their insatiable greed for glory, riches, power and control. They thought they had perfected the art of propaganda:

“The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country. …We are governed, our minds are molded, our tastes formed, our ideas suggested, largely by men we have never heard of. This is a logical result of the way in which our democratic society is organized. Vast numbers of human beings must cooperate in this manner if they are to live together as a smoothly functioning society. …In almost every act of our daily lives, whether in the sphere of politics or business, in our social conduct or our ethical thinking, we are dominated by the relatively small number of persons…who understand the mental processes and social patterns of the masses. It is they who pull the wires which control the public mind.” – Edward Bernays

The disclosure of the unholy alliance of corporations and the government to secretly spy on millions of Americans, while attempting to intimidate journalists and crush dissent from political opponents, is throwing the master plan of the ruling elite into disarray. The conspiracy of silence and denial is fraying at the edges as the truth continues to leak out:

“The contents of a phone call could be accessed simply based on an analyst deciding that. If the NSA wants to listen to the phone, an analyst’s decision is sufficient, without any other legal authorization required.” – Democratic Rep Jerrold Nadler

There have been a few lone voices in the wilderness warning about the rise of this corporate fascist surveillance one party state, but they have been scorned, ridiculed, marginalized and ignored. It seems the libertarian minded men and women of this country have been right all along.

“We’ve slipped away from a true republic. Now we’re slipping into a fascist system where it’s a combination of government, big business and authoritarian rule, and the suppression of the individual rights of each and every American citizen. When it comes to any significant differences on foreign policy, economic intervention, the Federal Reserve, a strong executive branch, a welfarism mixed with corporatism, both parties are very much alike. The major arguments in hotly contested presidential races are mostly for public consumption to convince the people they actually have a choice.” – Ron Paul

True liberty minded Americans and those who value freedom and the Constitution have rallied to the defense of a true patriot. “We the People” must reclaim this country from the unelected .1% who has conducted a silent coup while we were pre-occupied with our techno-narcissism and consumed by the urge to consume. We have an omnipotent outlaw government with concentrated overwhelming power. The out of control bureaucracy devouring treasure, the blood of our young, civil rights, and the Constitution will not yield of its own volition. When the government tyrants classify all of us as enemies of the state, it is time to dismantle the state and water the tree of liberty with some blood, if that is what is required.

“Perfect safety is not the purpose of government. What we want from government is to enforce the law to protect our liberties. The government does not need to know more about what we are doing. We need to know more about what the government is doing. We need to turn the cameras on the police and on the government, not the other way around. We should be thankful for writers like Glenn Greenwald, who broke last week’s story, for taking risks to let us know what the government is doing. There are calls for the persecution of Greenwald and the other whistle-blowers and reporters. They should be defended, as their work defends our freedom.” – Ron Paul

The country is being run like a mafia crime family. The Don and his lieutenants operate in secrecy, eliminating their opponents, buying off the press, bribing the police for protection, running the rackets, and collecting their tribute from those that want to do business with them. They go to war against the other families whenever they want to expand their turf. The country has been captured by an organized crime syndicate and it will require an Elliot Ness type character with many strident Constitutionalists to rid the land of these evil, lawless, egocentric men. One of those evil men slithered out of his lair onto the neo-con network – Fox News – to declare Edward Snowden a traitor and spy. Mr. Snowden responded to chicken-hawk Dick “Deferment” Cheney during another freedom of the press in a foreign country event:

“Further, it’s important to bear in mind I’m being called a traitor by men like former Vice President Dick Cheney. This is a man who gave us the warrantless wiretapping scheme as a kind of atrocity warm-up on the way to deceitfully engineering a conflict that has killed over 4,400 and maimed nearly 32,000 Americans, as well as leaving over 100,000 Iraqis dead. Being called a traitor by Dick Cheney is the highest honor you can give an American, and the more panicked talk we hear from people like him, Feinstein, and King, the better off we all are. If they had taught a class on how to be the kind of citizen Dick Cheney worries about, I would have finished high school.“

Who has done more to shred the Constitution and strip us of rights, liberties and freedoms in the last thirteen years – Cheney or Snowden?

This brings us to the question of our times. Who are the patriots and who are the traitors? Those in power have been using the Bernaysian propaganda technique of conscious and intelligent manipulation of the public mind by using the corporate media to convince the distracted ignorant masses that Edward Snowden has committed treason against his country and should be punished for his crime. Interestingly enough, treason is addressed in Article III Section 3 of the U.S. Constitution:

Treason against the United States, shall consist only in levying War against them, or in adhering to their Enemies, giving them Aid and Comfort. No Person shall be convicted of Treason unless on the Testimony of two Witnesses to the same overt Act, or on Confession in open Court.

At the same time it would make sense to define the term patriot:

A person who vigorously supports their country and is prepared to defend it against enemies or detractors.

Does Edward Snowden fit the definition of a traitor as described in the Constitution? The shallow vacuous pundits in the corporate mainstream media complex blather on about treason while focusing their in-depth journalism on pictures of Snowden’s girlfriend from her Facebook page. This is what passes for journalism in America today. A man uncovers the largest spying conspiracy in human history and highly paid mouthpieces for the establishment focus on pole dancing. The last time I checked, Congress hadn’t declared war on anyone, so Snowden isn’t a traitor under that clause. He must be providing aid and comfort to our enemies. Who are the enemies today? They seem to change on a daily basis. I guess since we are considered potential enemies of the state, his revelations were giving the citizens of the United States aid and comfort.

On the other hand, a patriot is someone who vigorously supports their country and is prepared to make the ultimate sacrifice on its behalf against those who would damage or hurt that country. The government of the United States (President, Congress, Judiciary), in conjunction with their corporate, banking and media co-conspirators have knowingly and willingly subverted the Constitution of the United States and have therefore committed treasonous acts that have endangered the rights, freedoms and liberties of the people. A corrupt regime will use their thousands of laws to ensnare anyone in some violation of those laws. But at the end of the day a critical thinking individual knows right from wrong without being told by a government bureaucrat. Edward Snowden is a patriot of the highest order. His act of heroism, knowing he would be despised, attacked and hunted down by the American Thugocracy, is on par with the actions of our Founding Fathers who knew they would be hung if their Revolution failed. A true patriot must be ready to defend his country against a tyrannical government. Edward Snowden just dumped the tea into the Boston Harbor.

Edward Snowden is standing up to the autocratic powers that have seized control of our Constitutional Republic. Other patriots (Thomas Drake, William Binney, J. Kirk Wiebe, Bradley Manning, Julian Assange, Aaron Swartz, Daniel Ellsberg) have sacrificed their careers and lives to reveal the truth about government corruption and malfeasance. Ben Franklin pondered whether we could keep the Republic they had given us. He understood human nature and the likelihood that we as a people would become corrupted, vote for people who promised us the most, and would willingly sacrifice our independence, freedom, liberty and rights for the presumed safety and security of a despotic government:

“In these sentiments, sir, I agree to this Constitution with all its faults; if they are such; because I think a general government necessary for us, and there is no form of government but what may be a blessing to the people if well administered; and I believe, further, that this is likely to be well administered for a course of years, and can only end in despotism, as other forms have done before it, when the people shall become so corrupted as to need despotic government, being incapable of any other.”

Words of a Traitor?

“…I can’t in good conscience allow the US government to destroy privacy, internet freedom and basic liberties for people around the world with this massive surveillance machine they’re secretly building.” – Edward Snowden

The key terms are “good conscience” and “secretly”. Doing what is right does not mean doing what the authorities declare to be the law. Edward Snowden has a conscience. Barack Obama, Dick Cheney, James Clapper, John McCain, Diane Feinstein, Ben Bernanke, Jon Corzine, Jamie Dimon and the rest of the sociopathic criminal governing class have no conscience. Their souls are blackened with their crimes and misdeeds. In our Bizarro world, Nobel Peace Prize winners slaughter Muslim children indiscriminately with their squadrons of killer drones. Those in power are allowed to operate in the shadows, hiding anything that might incriminate them and secretly spying on millions of citizens without probable cause, while we the people have no right to privacy or freedom from surveillance in this plutocracy. We are all suspects in the eyes of the state and can be terminated at the whim of a government apparatchik:

“Because even if you’re not doing anything wrong you’re being watched and recorded. And the storage capability of these systems increases every year consistently by orders of magnitude … to where it’s getting to the point where you don’t have to have done anything wrong. You simply have to eventually fall under suspicion from somebody – even by a wrong call. And then they can use this system to go back in time and scrutinize every decision you’ve ever made, every friend you’ve ever discussed something with. And attack you on that basis to sort to derive suspicion from an innocent life and paint anyone in the context of a wrongdoer.” – Edward Snowden

Our greatest fear at this point in history is the continued apathy, ignorance, slothfulness, and delusional thinking of our narcissistic populace regarding the most important issue of our time – freedom or tyranny? Will enough people stand and fight the encroaching surveillance state and the evil men pulling the levers? Change will not happen through the ballots box, as the system is rigged and the democratic process has been subverted. It will require patriots taking to the streets and more people like Edward Snowden stepping forward to lead us back out of the abyss into which we have fallen. Time is growing short. Will we rise to the occasion or will we cower and wait until the satanic Eye of Sauron turns in our direction?

“The great fear that I have regarding the outcome for America of these disclosures is that nothing will change. [People] won’t be willing to take the risks necessary to stand up and fight to change things… And in the months ahead, the years ahead, it’s only going to get worse. [The NSA will] say that… because of the crisis, the dangers that we face in the world, some new and unpredicted threat, we need more authority, we need more power, and there will be nothing the people can do at that point to oppose it. And it will be turnkey tyranny.” – Edward Snowden

“I do not expect to see home again.” – Edward Snowden

Over the course of decades we have allowed ourselves to be corrupted by the love of material possessions, the lure of a debt based faux wealth, the money for nothing entitlement promises of dishonorable politicians, the evil of currency debasement, the effectiveness of mass media propaganda, and the belief that we could sacrifice freedom and liberty for promises of safety and security made by a cabal of powerful rich men. Power has been concentrated into the hands of the few, who operate in secrecy and despise the people. They don’t want transparency or open debate. Freedom of speech is nothing but a thorn in their side. They believe they are smarter than the serfs and have no morality when it comes to committing illegal acts and disregarding the Constitution. They are not acting in the public interest. Their abuse of power and looting of the national wealth have put us on a path towards a bloody revolution. This is not a time for conformity, obedience or submission. It’s time to stand up and expose the evil doers. It’s time to rally around those who care about this country. Who are the real traitors? You know the answer. What are you going to do about it?

“The issue boils down to this: do we care about freedom? Do we care about responsibility and accountability? Do we care that our government and media have been bought and paid for? Do we care that average Americans are being looted in order to subsidize the fattest of cats on Wall Street and in government? Do we care? When the chips are down, will we stand up and fight, even if it means standing up against every stripe of fashionable opinion in politics and the media? Times like these have a way of telling us what kind of a people we are, and what kind of country we shall be.” – Ron Paul

WARNING: The National Security Agency is likely recording and storing this communication as part of its unlawful spying programs on all Americans … and people worldwide. The people who created the NSA spying program say that this communication – and any responses – can and will be used against the American people at any time in the future should folks in government decide to go after us for political reasons. And private information in digital communications may be given to big companies by the government.