Tag Archives: federal reserve

The Day after the Attack on Congresswoman Giffords: Pointing the Finger of Blame without Evidence and Raising the Extremist Language to a New Level

Aftermath of the attack on Congresswoman Giffords: What Next?

A day after he shot and wounded Congresswoman Gabrielle Giffords, killed Judge John Roll and 5 others and wounded 11 more innocent people the motives and beliefs of Jared Lee Loughner are still clouded in mystery and subject to conjecture.  Those on the political left have blamed the influence of the Tea Party movement and those on the far right conservative web are saying that Loughner was a liberal. There are also reports that he could be affiliated in some way with the White Supremacist anti-Government group American Renaissance. At this point we still don’t know much but we can begin to look at probabilities based on the limited amount of evidence at hand.

The hard right exemplified by the people at World Net Daily, News Max and News Busters are claiming that Loughner is a “liberal” or “fascinated by liberal political thought.” They base this on the statement made on Twitter by a woman that claims to have known him in High School but has not seen him in years, 2007 to be exact.  Hardly what I would call a truly knowledgeable source but all of these sites are taking her statements at face value.  That is very poor journalism at best and pure partisan propaganda at worst. I lean to the latter because all of these “news” sites have one goal in mind and that is to defeat and demonize liberals.  They have made the claims without even questioning the source. They don’t ask why someone that hasn’t seen Loughner in four years would be marketing this story to the media.  What is her background, how well did she know him and what are her political affiliations? They also ignore others that know him who thought that he was a “normal kid” and were shocked by what he had done.  The uncritical approach of these sources has now spread across the “conservative” blogosphere like wildfire and my bet is when it is disproved as I think that it will be that none of these news sites or bloggers will retract their words.

The left claims that the Tea Party influence has to be a factor.  While we don’t know if Loughner had any connection with the Tea Party movement he echoes some Tea Party themes in his web postings. Personally I doubt if Loughner was a member of the Tea Party but I cannot rule it out but my gut tells me otherwise.  That being said Loughner’s posts on his My Space and You Tube pages echo common themes of the Tea Party as well as groups which are much more violent than the Tea Party is.  Look at his themes and tell me if they are what one would traditionally equate with liberalism:

Distrust of current government: This is a common theme of the party which is out of power and has recently more often associated with the political right and in particular the Tea Party movement which often decries Republican moderates as much as they do Democrat liberals. Likewise far right extremists groups echo that sentiment but in much more conspiratorial ways.  There are liberal groups that also espouse this but they tend not to be as numerous or loud as those on the right.

Return to the Gold Standard and a New Currency: His posts ramble but he seems pretty clear that he does not approve of the Federal Reserve or government control of currency and supports currency backed by gold and silver. This is not a tenant of liberalism but often is found in parts of the political right.

Complaints of Illiteracy: One of the hallmark themes of some right wing commentators such as the very incendiary Michael Savage is “borders, language, culture.” Loughner in particular was a critic of the lack of literacy of Americans in general but even more pointedly those in the congressional district in which he lives. Once again this is a subject, especially in relation to immigrants and the use of English that is more a theme of conservatives than it is liberals.

Vague References to the Constitution and Unconstitutionality of Federal Laws: In his internet posts Loughner makes a number of references to the Constitution, such as how most Americans have never read it and that we do not need to “accept Federalist laws” and to “read the United States of America’s Constitution to apprehend all of the current treasonous laws.” This is a common theme of the far right which believes that many laws are unconstitutional.

Government Mind Control: This is something not from either the political right or left but from the realm of anti-government conspiracy theorists.

Unbelief in God and Religion: The manner in which he states this is similar to those on the nihilistic fringe of anti-government White Supremacist groups.

There is also the fact that Congresswoman Giffords has never been the target of the left but has been the frequent target of the Tea Party and others on the right and that it would be illogical for a Democrat or leftist to kill one of their own, even a moderate that is not associated with the far left of the Democratic Party who recently voted against Nancy Pelosi for Speaker of the House.

My belief is that Loughner is a severely mentally disturbed individual who has been influenced at various times by different ideologies from the right and left with more of the radical right wing though being present now. I do not know what further investigation will prove or rule out.  I doubt if he was part of any larger conspiracy but a thorough investigation will probably show some connection with White Supremacist or racist extremist groups with some Tea Party ideological influence but no formal connection to the Tea Party.

Right now as I am patient to point out it is wrong to blame his actions on any group at this point, too little is known and I believe that those on the right that are calling Loughner a Democrat and liberal will have egg on their face at the end of the day.

The authorities have now determined that Loughner acted alone and that he planned the attack in advance ruling out a person of interest.

In the end the reaction, especially that from extremes, especially the right in this case will continue to stoke the fires of intolerance and hatred and likely sow the seeds of even more attacks on political leaders, judges and other government officials and even potentially members of the media.  As much as I hope and pray that this attack will help end such inflammatory language in politics and violent acts I think that they will continue. The extremists have too much invested to back down and as the reaction on the blogosphere demonstrates there is little concern with what actually occurred in Tucson and the lives lost or shattered but rather a continued escalation of extreme rhetoric which in my belief will only lead to greater violence and bloodshed.

Where this ends I can’t be sure, but history points to a tyranny being established by the most extreme and organized elements in the debate.  We can be sure that it will not be a more civil discourse and return to moderation. That would be a defeat for the extremists which they will not allow to happen.  I expect more physical confrontations at political rallies with roughnecks and bullies using physical violence and intimidation against their opponents. Likewise I expect the heated vitriol to become more so and calls to violent action to increase with corresponding increases in political violence.  We are not far removed from street battles between extremists and death squads which target the opposition or anyone for that matter that deviates from the party line.  I am not optimistic because I know human nature and history.

God help us.

Peace

Padre Steve+

 

3 Comments

Filed under History, philosophy, Political Commentary

Our Bottom Line is our Honor: Padre Steve Talks About Wall Street

“It was the mystical dogma of Bentham and Adam Smith and the rest, that some of the worst of human passions would turn out to be all for the best. It was the mysterious doctrine that selfishness would do the work of unselfishness.” G.K. Chesterton

The United States is one of the most religious of Nations especially in what we worship. I’m not talking about God her I’m talking about money. The High Priests of this religion are those that run the financial institutions as well as much of what is sometimes described as “American” business. The bottom line is their honor and profit their goal.

I tell you what there is no such thing as an “American” Banker, Investor, Broker or President of any major corporation based in the United States they are men and women without a country with their only loyalty being their profits and what benefits their bottom line. The truth is as Napoleon Bonaparte said so succinctly “Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.”

This has never been in more evidence than today.  The situation has been worsening since the end of the Cold War when under the name of “Free Trade” financial institutions and multinational corporations based in the United States have been selling us short once they figured that they could do better elsewhere like in Communist China as well as Third and Second World countries controlled by tyrants and despots who couldn’t give a damn about human rights.  Mind you that for many years it was American money, the American people and military power that enabled them to prosper particularly in the days when Presidents like Theodore Roosevelt maintain protectionist policies that actually helped them and the country at the same time.

The United States was never stronger than when we practiced protectionism. It benefited out people as well as businesses.  But when people like Teddy Roosevelt saw things that business did which were criminally irresponsible either in the treatment of workers or the environment business cried foul and it has been that way ever since. All “good” conservatives and libertarians have worshiped at the foot of the God of Capitalism and its prophets and the sacred doctrine of Free Trade.

The end of the year numbers are out and it looks like Wall Street and Major U.S. based corporations are doing quite well thank you while doing everything that they can to avoid being good citizens to the people of this country that made them what they are. Profits are up as are stocks and Wall Street is living high on the hog despite having made a mess of things to the point that the American Government had to give them our money, and lots of it to stay solvent and not crash the entire economy. It is as Thomas Jefferson once said “I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.” To be blunt “American” financial institutions have raped this country and now that they are done with us are willing to take our money, use our military to protect or even enhance their operations overseas are willing to throw us under the bus because they can make more money elsewhere.

Well it seems that there is happiness in Mudville or shall I say on Wall Street as the year end numbers roll in.  Unfortunately for many Americans those profits won’t benefit this country.  Unemployment remains high, our personal and government debts are skyrocketing and deficits are killing the country while good paying technical and industrial jobs are moved overseas as supposedly American business shutters their U.S. production centers.  Meanwhile business and financial leaders carp about the United States not being a “friendly corporate environment” with “too much government regulation” and too many “powerful unions” as the reason for them to invest elsewhere.  Little things such as safety, the environment and even God forbid the lives of the people that work for them are of little concern, if the citizens of the U.S. or any other country decide that they want a bit more control of such issues then they are thrown under the bus by the financial institutions and corporations. If the U.S. Government asks them for anything it is “screw you” we’ll move to India where incidents what happened like the Union Carbide plant in Bhopal India don’t matter too much and Communist China which does its damndest to violate the human rights of its own people and run roughshod over its neighbors.

Andrew Jackson, perhaps the last President with the guts and moral principles to stand up to the likes of such people said:

“Every man is equally entitled to protection by law; but when the laws undertake to add… artificial distinctions, to grant titles, gratuities, and exclusive privileges, to make the rich richer and the potent more powerful, the humble members of society — the farmers, mechanics, and laborers — who have neither the time nor the means of securing like favors to themselves, have a right to complain of the injustice of their government.”

What Jackson said then is just as applicable now. Nearly every law that is passed in Washington is full of loopholes and benefits for the rich who then after bankrupting the country have the nerve to complain about government social programs. Usually they say that caring for the poor is the voluntary responsibility of individuals, churches and private charities which on principle I agree with, but on the whole is not practical because the need is too great mostly due to the power of the financials and the incompetence of government agencies.

The attitude of these supposedly “American” financial institutions and corporations seems to be all about “Free Trade.” The sad thing is that the moniker of “Free Trade” is somewhat Orwellian if you ask me.  The reality of “free trade” is that these interests should be able to do whatever they want, however they want without anyone being able to regulate them of tell them what to do.  In reality their carping about this not being a “business friendly environment” is them dictating to us that they should be able to operate for free from here while trading wherever they want without any responsibility or return to the country and people that made their success possible in the first place.  I would argue it is the financial houses and multi-national corporations based in the United States that are the real power in the world and that they have used us up and are now in the process of dumping us like they have so many World powers before us.

Napoleon saw this and said: “When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. The late Marine Corps Major General and two time Medal of Honor winner Smedley Butler said back in 1933 concerning the way that financiers use the government, in particular the military to advance their interests:

“I spent thirty- three years and four months in active military service as a member of this country’s most agile military force, the Marine Corps. I served in all commissioned ranks from Second Lieutenant to Major-General. And during that period, I spent most of my time being a high class muscle- man for Big Business, for Wall Street and for the Bankers. In short, I was a racketeer, a gangster for capitalism….I helped make Mexico, especially Tampico, safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefits of Wall Street. The record of racketeering is long. I helped purify Nicaragua for the international banking house of Brown Brothers in 1909-1912. I brought light to the Dominican Republic for American sugar interests in 1916. In China I helped to see to it that Standard Oil went its way unmolested.”

Let’s fast forward on this while American soldiers get killed by Improvised Explosive Devices in Iraq and Afghanistan, many made with the assistance of Iranian agents the Treasury Department granted over 10,000 permits for U.S. corporations to trade with Iran with you guessed it my friends, some of the Largest U.S. banks reaping the profit.  This has been going on for years and while the bulk of such trade is limited to food items like Louisiana Hot Sauce it has also included deals which allowed other U.S. corporations to trade with Iranian companies that are suspected of involvement in terrorism or weapons proliferation.  http://www.foxnews.com/world/2010/12/23/report-treasury-okd-business-iran/#ixzz19SAQIwIu Pardon my ignorance but isn’t that like blood money when our troops die from Iranian assisted attacks?

Don’t worry though, we are in good company as such people have done the same to those that came before us as well, just look at Britain, once business bled her dry they cast her aside.  You see my friends our government doesn’t really control anything. It is the corporate and financial elites that run the country and dare I say the world.  James Madison saw it coming noting that “History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling the money and its issuance.”

Financial institutions and many multinational corporations have acted in the most unseemly of fashions literally bankrupting nations and individuals while they continue to prosper and it seems that they can never get enough.  Great Americans have warned of the dangers of the financial elites controlling both national as well as private lending institutions. In fact if you look at the leadership of the Federal Reserve and the Treasury Department there is an almost incestuous link between them and Wall Street. Dwight Eisenhower talked about the danger of the “military-industrial complex” but that threat is nothing compared to the control that those that come out of Wall Street Investment Banks have over the nations’ economic and monetary policy and over the legislators that supposedly exercise oversight of such institutions. Thomas Jefferson noted that:

“If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.”

While Andrew Jackson lectured the leaders of the 2nd Bank of the United States before (probably unwisely) withdrawing U.S. assets from the Bank and eventually destroying it:

“Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves.”

I think that even though Jackson’s decision hurt the economy which resulted in the Panic of 1837 but his reasons were sound:

It concentrated the nation’s financial strength in a single institution.

It exposed the government to control by foreign interests.

It served mainly to make the rich richer.

It exercised too much control over members of Congress.

It favored northeastern states over southern and western states.

Banks are controlled by a few select families.

Banks have a long history of instigating wars between nations, forcing them to borrow funding to pay for them.

Now tell me what has changed in this? If I hadn’t said that Jackson used these reasons to abolish the Second Bank of the United States one might think that I am talking about Wall Street and the Federal Reserve.  Let’s see….it looks to me like the only people getting rich are the Wall Street financiers and those that they favor. It seems that foreign nations, particularly the Chinese Communist have us by the balls holding a huge amount of our debt.  It seems that Congress under both Democratic and Republican control is in their power and will do anything that they want in order to “help the economy” but in reality secure their own power and I could go on but won’t.

Now I’m sure that some of my conservative friends and readers will label me as a liberal or Socialist but I’m not, I just want to see those that benefit from the security that our military provides and the hard work of Americans just actually start helping our side rather than looking to their our filthy money grubbing interests. Some things never change do they?

Peace

Padre Steve+

2 Comments

Filed under economics and financial policy, History, laws and legislation, Military, national security, philosophy