Money Under Fire

sand_puppy,
That's a great article.  Can you please send me a link?

Democracy is mob rule. How about sticking to the limits of a Constitutional Republic for a change?
One of the numerous nested predicaments we are in is at the root of your monotonous diatribe. It's not "Conservative Christians", or "Clinton's Budget Plan" or "Australian Economists" (really, what has Crocodile Dundee's accountant ever done to you?).  And it's not Vlad Putin either.

It's the Central Banking Cartel that you, for some reason, feel compelled to shill for. The one that runs both the US and Canadian central banks. The one that requires exponential growth each year to keep from imploding it's fractional reserve, fiat currency racket to further engorge it's private owners while driving nails into the fate of homo sapiens over the entire planet.

You should hang out with Million Dollar Bonus of ZeroHedge fame David. www.zerohedge.com. I think you'd find a kindred spirit there.

https://www.youtube.com/watch?v=xsZPWsVNTqo

The math has been layout almost 50 years ago by Mike Montagne, and you/people here are well aware of it with reference to older postings/articles. Here's to refresh the brain a little.
https://peakprosperity.com/forum/has-mike-montagne-discovered-holy-grail-financial-solutions/8917

 

 

 

Chris,
I'd thought your crash course was the shortest way to describe the predicament.  But I see you've reduced it to four words.  Congratulations.  Unfortunately, those four words make you un-American; both mainstream parties consider them treasonous, and the incoming President would if he could read four words in a row.

On another issue, how do you describe 10^15th in language that is understandable?  Personally, I split it up: lay out 100 chocolate bars in a row, then repeat that row 100 times so you have a grid of 100 x 100 chocolate bars, then stack them 100 high.  That's 10^6, or one chocolate bar per day for life for each of two parents and one child.  Now give one of those stacks to every household on the planet, a number on the order of 10^9.  That's 10^15 chocolate bars.

I don't know enough to have an opinion about either your politics or your predictions.  But I really appreciate what you did with your Crash Course, and it's a shame the powerful WILL not understand it.

Quit apologizing for politicians if you wish to not look unseemly to me.  If they are talking, they are lying.  Old hat.  Especially a bloody clinton, but not at all excepting the rest of them, both """sides""" (note the triple-quote).
http://www.craigsteiner.us/articles/16

I did not carefully read the above, but it looked about right at a glance .  Some time ago I got sick of hearing "clinton budget surplus" and did my own due diligence so I am, myself, convinced, to myself, that it is a bunch of smoke endlessly recycled by partisans.  I generally don't bother to debunk any more, but I guess I'm a bit "triggered" today (single-quotes).

DYODD, if you'all care to.

m

 

 

 

Thank  you Time2help.  Very well stated.

The main issue these  days is that the people (thanks to the Internet Revolution) are beginning to figure out that government is just a place where the worst of human kind get together to prey upon the people.

Instead of more and more centralized government, the productive path forward is self resilient community development.

This is a natural evolution of society and such communities will create their own emergent associations. The issue is that every self replicating, growing biological entity has an optimum size, and needs to associate as more equal sized units.   In the case of human society, 150 members  communicate and get to know each other well and eliminate corruption naturally and more than (depending  on the activities) about 10,000 members provides for and facilitates sociopathy.  Now that we can look back on history and see what worked best, we can see that such arrangements (the Dutch cities, the N Italian city  states, the earlly American states,  the Greek city  states  come to mind) provided the greatest benefit for the most people.

Unfortunately, most people still think that more and more oppression by  a smaller and smaller set of  selfish socialpaths (who specialize in dominating discussion with purchased media, then using democracy to get what they want) is the way to further progress.  This site is infected with (and even managed by) those with globalist convictions.  We need to develop personal (and real) community based relationships.  Internet chit chat crapping in front of a glowing computer screen about how a big government will solve "our" problems is not a substitute but instead facilitates the problem by providing an imaginary alternative to real progress.

"Democracy is mob rule. How about sticking to the limits of a Constitutional Republic for a change?"
Equating democracy to mob rule is exactly what Hitler said too.

https://www.youtube.com/watch?v=oUgdpKXM2Uk

 

Right wing Libertarians need to take a strong look at who they really are and what they truly represent.

"Equating Democracy To Mob Rule Is What Hitler Did Too."
he should know… (worked for him)

Chris,
You've been a great resource with lots of insight over the years, but I'm currently reaccessing what your site really stands for.

Mememonkey writes,  "Democracy is mob rule. How about sticking to the limits of a Constitutional Republic for a change?"

What is your take?  Do you think democracy is mob rule and that the United States is a strict Constitutional Republic that rejects the concept of majority rules?  Or do you think that our founders intended America to be a Democratic Republic where the ultimate power rests with it citizens who are all entitled to elect their representatives?

https://en.wikipedia.org/wiki/Democratic_republic 

David,  I know it is asking much of someone that traffics entirely in simplistic propaganda characterizations, but at a minimum you should endeavor to not misquote or incorrectly attribute statements within the threads here. 

Hopefully while your are reassessing  what Peak Prosperity "really stands for"  you will reach the conclusion that it is a forum for intelligent discourse around the 3E's based on supportable evidence not crass partisan propaganda.  In a best case scenario you  will realize that is not one of your strengths and act accordingly.

 

mememonkey

 

That had to be the quickest jump to Godwin's law I've seen yet.

Surely there must be a stage when there are no credible assets left to justify any belief that the debt can be repaid? In a world of finite resources, we must hit a stage where no-one can honestly believe that the debtor can ever repay the debt in anything except finance, but if the money isn't worth anything real then the debt bubble must burst, n'est ce pas?

Mememonkey,

I understand the 3E's Chris talks about and appreciate his insights there, but I have recently noticed that a lot of his themes are similar to ones being pushed out of Russia, his cover on the war on Russia in particular.  (I also find it peculiar that he has dodged my questions about Alexander Dugin for a month now, when Glenn Beck is sounding the warning more than anyone.)  

Although Chris is probably right about the US Federal Reserve being on the verge of collapse (although he has been saying that for nearly a decade now), it's still the sort of anti-establishment message that Putin's political advisor would like to see.  As for Ron Paul's Libertarians, the leader of the Eurasian fascist movement specifically targets that crowd to help spread his anti-government message. 

Inline image 1
 
The Hitler quotes are historically accurate and currently appropriate considering your view on democracy being mob rule.  There's plenty of crass partisan "Shrillary" propaganda within the threads here, blaming the liberal globalists for everything, while Trump packs his court with even bigger elitists.  

 

David,    

As I tried to point out in my last response you are wrong to attribute that quote to me. As Dave F pointed out once, you seem to operate on transmit more than receive.  I don't actually think that you are capable of thinking outside of your preconceived ideological notions, but since you asked, here are some thoughts for you on your assertions.

Do you realize that your when your 'Budget surplus Hero' Bill Clinton wasn't working on  undoing Glass Stegal act that unleashed the financialization/derivative  debt genie for Wall Street, he was busy, between bimbo eruptions,  bombing Iraq and Yugoslavia and presiding over the genocidal killing  of 500,000 Iraqi children courtesy of the sanctions regime?

And there was no actual budget 'surplus', it was financial gimmickry,that obfuscated the intergovernmental borrowing one more lie in a sea of lies, a  self serving partisan promotion to fool the gullible and math challenged.  Apparently it worked! 

You are living in a fairytale propaganda matrix where you think one side of the the corporate plutocracy is noble because they mouth platitudes that resonate with your belief system.  While they steal, lie cheat and kill to serve a completely different globalist power agenda.  An agenda which you and other partisans conveniently ignore when it's 'your' team in power.

You were horrified by Bush and Cheney's illegal wars of choice.  Congratulations!  You got that right. 

But where were you and your blue team cohorts  when Obama and Hillary Clinton were ginning up war in Syria, and Libya, Somalia and Yemen,  Are you ok with the Drone wars?  The civilian kill ratios?   Never mind that the whole premise of war on terror is bullshit.   How about  Hillary and her Neocon State dept fomenting a Coup in Ukraine and putting and funding actual card carrying, goose stepping, swastika wearing  Nazi's into power?  Nazi's that burned people alive no less.     And you want to compare Ron Paul with Hitler!  I guess I  missed his speech on invading Poland  That is probably one of the dumbest things I've seen here.

Not a peep from you guys on that illegal war/atrocity  record while Hillary campaigned on tolerance, inclusion and helping families.   What about the families woman and children  over there?  do they count?  

I assume your good with all that because those are the people that you are carrying water for with your tiresome and repetitive third rate propaganda feeds.

Does it occur to you that the Russians actually have a legitimate self interest in that part of the world and are behaving legally by International standards?    That it is the US and NATO that has violated our agreements and encroached on  Russia's borders with hostile intent and a dangerous nuclear destabilizing agenda.   Is it any wonder they respond positively to Trump who has indicated a policy of non aggression?  Is that not rational?  

Does it occur to you that perhaps Chris is not dodging your hard hitting 'analysis' on 'Trump as  Dugin's pawn', but merely ignoring your  histrionic cut and paste agitprop spam as it is ludicrous and unworthy of serious discussion.

Oh and congratulations on having the only Central Bank that is doing right by it's citizens,  I can hardly wait to invest my savings up there and start compounding on that luscious half a percent interest rate.  Or buy a house in that stable housing market.    It is a shame that our evil industrialists are corrupting our noble selfless bankers down here!

If you really got the the 3E's  you  wouldn't be spouting partisan diatribes, you would start divesting yourself from the propaganda matrix and  you'd realize that the predicaments we face transcend the bullshit left right circus, you've been conditioned to believe in. Choose your clown,  it's still a fucking circus. 

Reality is that It's energy and debt that is calling the tune for our predicaments   We are going to need a whole new way of dancing.

mememonkey

 

 

The founders explicitly DID reject majority rule. If you want to know what they wanted, they wanted to be the elite philosophers who ruled everybody in a moderately benign-looking fashion.
If you want to see how benign it actually was, read their model: Plato’s Republic. Question whether that is what they wanted? consider who they allowed to vote. Then consider the restraints they placed on the vote by making a second-derivative electoral college.
Your heros on Monday will be fighting against Trump’s accession to the presidency, explicitly because the founders didn’t believe in democratic principals, but only acknowledged them.

On the Brink of Economic Calamity
We are witnessing unprecedented low points in American economic history as 50 million Americans—17 million of them children—are living below the poverty line[i],[ii] while 47 million citizens rely on food stamps[iii].  All told, the 2008 economic collapse cost over $20 trillion globally[iv]. Millions of people lost their homes and jobs, while many of our nation’s children fell deeper into hunger. According to some figures, 53 million people entered the poverty ranks.[v] In the US and other developed nations, suicide rates skyrocketed due to financial stress and disruption of families. The Bureau of Labor Statistics has listed unemployment at 7.5% — a rate that is irreconcilable with reality. The more reliable figure, calculated by economist John Williams from Shadow Government Statistics, places unemployment at 22%. If we are to believe the analyses of Tyler Cowen at the Mercatus Center at George Mason University, we might be looking at an unemployment rate as high as 41%, since 33% of Americans are not working and no longer have the desire to find jobs.[vi]  This group is categorically removed from the government’s labor radar and is absent from the Bureau of Labor Statistics’ fudged data.

The Global Money Matrix

In the midst of this economic turmoil there is one group that still manages to flourish: the global elite. With more than $32 trillion stashed in offshore banks around the world, the wealth of the so-called “1%” is staggeringly obscene and grows by the day .[vii]  Their aggregate wealth, larger than the US GDP and national debt combined, is a testament to the tremendous influence and lobbying power held by a coterie of private interests that dominate nearly every sector of society.

Instead of reining in the inordinate control exercised by the elite, most of our elected officials have become little more than shills for these corporate overlords, creating policies that favor their campaign donors instead of the American people. Hundreds of millions of dollars were funneled into Barack Obama’s 2012 presidential campaign by donors whose business affiliations run the gamut from real estate and finance to media and law firms. According to Opensecrets.org, “Together, 769 elites are directing at least $186,500,000 for Obama’s re-election efforts — money that has gone into the coffers of his campaign as well as the Democratic National Committee.”[viii] This figure doesn’t even account for the massive contributions to Obama’s reelection by corporate-driven SuperPACs. Obama is just one example of how our politicians are beholden to the elite agenda. A quick glance at the campaign donation figures presented at Opensecrets.org reveals just how much special interests control Washington’s policymakers.

Given the corporatist influence that infects our halls of power, it is little wonder that our tax dollars continue to fund unconstitutional spying, perpetual war, and neoliberal policies that extend the powers of the world’s richest individuals and organizations. As Americans struggle financially, our social safety nets are increasingly losing priority to military and security expenditures that are historically unmatched anywhere in the world. Increasingly, the actions taken by the world’s most powerful corporations and governments seem to be at odds with public perception and wellbeing. Here are a few examples of how this combined influence has increased at the expense of the average American:

ALEC – This conservative group, funded by donors like the Koch brothers and Exxon Mobil and fueled by politicians including Ohio Governor John Kasich and Wisconsin Governor Scott Walker,[ix] writes model legislation calling to “privatize education, break unions, deregulate major industries, pass voter ID laws, and more.”[x] They do so with the stated aim to “form formal internal Task Forces to develop policy covering virtually every responsibility of state government.”[xi] ALEC’s website claims, “Each year, close to 1,000 bills, based at least in part on ALEC Model Legislation, are introduced in the states. Of these, an average of 20% become law.”[xii]

             Federal Taxes and Expenditures – In 2014, President Obama plans to spend 57% of his discretionary budget on military, with 6% going to education, 3% to science, and 1% to food and agriculture.[xiii] And while the federal corporate tax rate is 35% in America, a variety of loopholes means that the average rate paid by corporations is 25%, with some companies paying as low as 10%.[xiv]

            Citizens United – This US Supreme Court case set the legal precedent for unlimited campaign donations in US elections, qualifying corporate donations as a form a free speech. Since this case concluded, campaign expenditures have tripled.[xv]

             TARP, or “the Bailout” – Following the economic crisis of 2008, US taxpayers handed $700 billion to major players in the automotive, financial, and insurance industries[xvi]. According to The New York Times, “Treasury…provided the money to banks with no effective policy or effort to compel the extension of credit. There were no strings attached: no requirement or even incentive to increase lending to home buyers, and…not even a request that banks report how they used TARP funds.”[xvii]  The Huffington Post reports, “Twenty-five top recipients of government bailout funds spent more than $71 million on lobbying in the year since they were rescued.”

In the Name of Security

The most concerning imbalance of power, however, may lie in the ‘security state’. In 2010, there were over 1900 private corporations with government contracts working for Homeland Security and NSA intelligence projects. Just one of these firms, Booz Allen Hamilton, where Edward Snowden was employed, has over 25,000 employees, nearly half of whom have security clearance of “top secret or higher”.[xviii]  Overall, there are an estimated half million individuals in private firms with access to intelligence secrets.[xix]  The federal intelligence agencies only employ 107,000 individuals; therefore, the bulk of intelligence and surveillance operations are conducted by private workforces.[xx] For fiscal year 2013, the country’s budget for intelligence, across 16 agencies, was approximately $52.6 billion, with 70% going to private contractors.[xxi]

Recent revelations by Edward Snowden unearthed the breadth and scope of this surveillance network. The National Security Agency has collected vast amounts of data to spy upon American citizens, elected legislators in Congress, leaders and populations of other nations, multilateral and international administrations, non profit organizations, and a variety of public and environmental advocacy groups. This defines the current trajectory of the US as a failed republic degenerating into a fascist regime.  For both corporate Republicans and Democrats, the rise of surreptitious surveillance on citizens, in direct violation of the Constitution, is perceived as a matter of national security to protect both the country’s domestic and foreign interests.

NSA Director Gen. Keith Alexander claimed publicly that intelligence surveillance of the American public “foiled” 54 terrorist attacks by extremists. Independent research confirmed that in fact only one, and a possible second attack, could be directly associated with the war on terrorism.  Speaking on the matter, Vermont Senator Patrick J. Leahy stated, “There is no evidence that [bulk] phone records collection helped to thwart dozens or even several terrorist plots….These weren’t all plots and they weren’t all foiled.”.[xxii] The Washington Times reported that “Keith B. Alexander admitted that the number of terrorist plots foiled by the NSA’s huge database of every phone call made in or to America was only one or perhaps two—far smaller than the 54 originally claimed by the administration.” General Alexander, under the questioning of Senator Leahy, also admitted that only 13 of the 54 cases were in any way connected to the U.S.  As the Washington Times clarifies, “The [NSA phone records] database contains so-called metadata—the numbers dialing and dialed, time and duration of call—for every phone call made in or to the U.S.”[xxiii]  This is but one example highlighting how the consolidation of corporate and political power comes at the cost of human rights and personal liberties for the average citizen.

Obama has lied to the American people repeatedly about the extent of the security state and its infiltration into the lives of average citizens, including massive data collection of private phone calls, emails, and internet activity. The NSA revelations of Edward Snowden provide documented proof that intelligence surveillance is far more extensive than ever believed. The activities of the FBI, CIA, Pentagon, FISA courts, USDA and FDA, and the Justice Department contribute to the deterioration of citizens’ privacy and freedom. And a recent report by Essential Information entitled Spooky Business describes how some of America’s largest corporations have engaged in corporate espionage to spy on non-profit organizations. Ralph Nader writes, “In effect, big corporations have been able to hire portions of the national security apparatus, and train their tools of spycraft on the citizen groups of our country.”[xxiv] Thus, the powers of government and corporations are fostered and increased by one another, while those of the average American continue to dwindle

Groupthink and the 15%

It is unrealistic to frame the problem of control and socio-economic manipulation as a war between the 1 and the 99.  The 1 percent cannot achieve its goals without support from armies of technocrats and workforces willing to sacrifice moral values to secure careers in corporations and political parties, regardless of the inhumane ruthlessness behind their undemocratic agendas. The private industrial complexes of Too Big to Fail corporations require minions of technocrats and employees—as well as a large network of contracted small businesses, advisors, and consultants—to exert control over the population.  Therefore, we should realistically be speaking of a 15 versus 85 percent in the war on inequality, control, and power.

When this additional 45 million people, or 15 percent of the population, are added to the formula for who controls the major stakes of power, wealth, influence and policymaking today, we can more easily understand how the psychology of “group think” creates a protective shield around the power brokers calling the shots.  When the psychologist Irving Janis first used the term “groupthink”, he referred to a collective weakening of individuals’ “mental efficiency, reality testing and moral judgment” through pressure to stick with the corporate plan.[xxv]  Among the characteristics common to groupthink, which enables the privileged elite to exert compliance to their mission without dissent, is a false belief in the inherent morality of their jobs. For example, the neoliberal free-market ideology posits that trickle down economics from the top will create more jobs and raise families’ personal income—a persistent myth that has no historical example to prove it as fact.   The actual facts, according to the 2012 Global Wealth Data Book, show that since the implementation of neoliberal economics in the late 1970s and early 1980s, the financial health of America’s middle class has fallen to 27th globally, behind Qatar, Taiwan, Cyprus and Kuwait. Simultaneously, the US has the most millionaires and billionaires of any other nation.[xxvi]  Groupthink also generates an “illusion of invulnerability,” an insincere and narrow confidence that enables workers to take extreme risks and a distorted group rationalization to deny facts to the contrary of their optimism.  Other characteristics include stereotyping enemies, managerial pressure on nonconformists, and self-censorship of doubts within the organization.  An illusion of unanimity is sustained whereby the image is created and perpetuated that the majority agree with organization’s purpose and mission.[xxvii]

Without the possibility of groupthink and this additional 15 percent passively serving the most powerful 1 percent’s destructive acts, life in the US would be far more democratic, just, and free today. Unfortunately, our society currently necessitates profit for both legitimacy and survival. This unprecedented economic and political atmosphere is giving birth to a new face of fascism.

The Dominant Culture

When considering the human element in our societal structure, the question arises as to how human beings can act with such blatant disregard for damage incurred. There are varying figures assessing the percent of psychopathology among high level financial and corporate executives. In the general population, approximately 1% can be clinically diagnosed with sociopathic and psychopathic disorders[xxviii]. However, for the wealthy and power elite, estimates are higher. Canadian psychiatrist Dr. Robert Hare estimates that 4 percent of corporate executives are clinically sociopathic.[xxix] Sherree DeCovny, a former high-powered investment banker now with CFA Financial Magazine, believes it is as high as 10 percent.[xxx] Figures from psychological surveys in the UK place estimates even higher. Psychologist Clive Boddy has argued that the psychopathological behavior of financial executives was a major cause for the 2007 economic collapse. He also notes that individuals with the strongest psychopathic tendencies are those who tend to be promoted fastest.[xxxi] Research supports this claim. In a survey of 500 senior executives in the US and UK, 26 percent observed firsthand wrongdoing in the workplace and 24 percent believed that it was necessary for professionals in the financial sector to engage in unethical and even illegal conduct in order to be successful. Sixteen percent said they would commit insider trading if they were certain they could get away with it, and 30 percent said that the pressures of compensation plans were an incentive to break the law.[xxxii]

Today, this banking elite owns the lives of millions of Americans by imprisoning them in debt. In the third quarter of 2013, consumer indebtedness reached $11.28 trillion.[xxxiii]  2014 and every year thereafter will see household debt increase. The majority of this debt, in the form of mortgages and outstanding home equity, student loans, auto loans, and credit cards, is money owed to the banking industry. It is by keeping the masses indebted, securing government allegiance and protection to extract money from citizens, that bankers are able to control the economy.

In a letter to Federal Reserve Chairman Ben Bernanke, Representative Alan Grayson and three of his Congressional colleagues raised their concern over large investment banks taking over the real economy.  According to their investment relations reports, both banks are engaged in the “production, storage, transportation, marketing and trading of numerous commodities.”[xxxiv] These include crude oil and oil products, natural gas, coal, electric power, agricultural and food products, and precious and rare metals. Additionally, JP Morgan markets electric power and “owns electricity generating facilities in the US and Europe.”[xxxv] Goldman Sachs has entered the uranium mining market.  According to Rep. Grayson, none of these activities have anything to do with the business of banking, and there is no indication that the Fed or any other agency is regulating these irregular business undertakings.[xxxvi]

In early 2013, the Swiss Federal Institute of Technology in Zurich conducted the most thorough analysis of the financial ties between over 43,000 transnational banks and corporations. This was the first empirical study to identify a network where global power and wealth is most heavily concentrated. Their startling results observed that a small faction of 147 super companies controls over 40 percent of the entire transnational network, with an additional 36 million companies below them.  Predictably, almost all of the 147 super companies were financial institutions, with Barclays, Capital Group, the Vanguard Group, Deutsche Bank, JP Morgan, Goldman Sachs, Credit Suisse, and Bank of New York among the top of the list.[xxxvii]  With financial instruments of speculative trade insufficient to satisfy greed, such companies have every incentive to move into new territory, particularly resources and services that are essential to life. This includes fuel, water, food and minerals. As it stands, at least twenty-five major US companies have more wealth than entire countries.[xxxviii] The prediction can be suggested that with current trends, the largest global banks will become the world’s most powerful “nations,” acting with complete autonomy outside of international laws that apply to sovereign states.  As corporate groupthink increases and infiltrates the larger civilian community, the transnationalist mind will persist as a breeding ground for psychopathology.

Conclusion

The consequences of today’s cowboy free market culture have sent the US middle class and economic mobility spiraling downward. Laid off workers have nowhere to use their skills to earn a livelihood for themselves and their families. Consequently, the worker is unable to meet expenditures and falls into a lower income bracket or poverty.  Mortgage defaults, credit card payments, and loans drag him further into debt. Without work and hence unable to pay taxes, the state, county and town suffer. In turn, local entities are forced to reduce their workforce and public services. The final result is the decline in the national quality of life, and the gradual deterioration of the US.  The inequality gap widens as the wealthy get richer and more powerful, while growing numbers of families become destitute.

A clear conflict exists between the values that we promote in the home and those values that are rewarded in the workplace. Unless we apply the same moral requirements to governments and corporations as we do to ourselves, friends, and families, the revolving door at the top of society will continue to consolidate power and wealth at any cost.

[i] Fessler, Pam. “How Many Americans Live In Poverty?” NPR. http://www.npr.org/blogs/money/2013/11/06/243498168/how-many-americans-live-in-poverty (accessed December 2, 2013).

[ii] National Center for Children in Poverty. “Child Poverty.” NCCP. http://www.nccp.org/topics/childpoverty.html (accessed December 1, 2013).

[iii] Plumer, Brad. “Why are 47 million Americans on food stamps? It’s the recession — mostly.” WashingtonPost.com. http://www.washingtonpost.com/blogs/wonkblog/wp/2013/09/23/why-are-47-million-americans-on-food-stamps-its-the-recession-mostly/ (accessed December 3, 2013).

[iv] Melendez, Eleazar. “Financial Crisis Cost Tops $22 Trillion, GAO Says.” The Huffington Post. http://www.huffingtonpost.com/2013/02/14/financial-crisis-cost-gao_n_2687553.html (accessed December 3, 2013).

[v] Moench, Brian. “Death by Corporation, Part II: Companies as Cancer Cells.” Truthout. http://www.truth-out.org/news/item/17705-death-by-corporation-part-ii-companies-as-cancer-cells (accessed December 3, 2013).

[vi]  “The real jobs numbers: 41% of America unemployed, 1 in 3 doesn’t want work at all – RT USA.” RT.com. http://rt.com/usa/jobs-us-employment-welfare-749/ (accessed December 3, 2013).

[vii] Vellacott, Chris. “Super Rich Hold $32 Trillion in Offshore Havens.” Reuters.com. http://www.reuters.com/article/2012/07/22/us-offshore-wealth-idUSBRE86L03U20120722 (accessed December 13, 2003).

[viii] “Barack Obama’s Bundlers.” Opensecrets RSS. http://www.opensecrets.org/pres12/bundlers.php

[ix] “What is ALEC?.” ALEC Exposed. http://www.alecexposed.org/wiki/What_is_ALEC%3F#Who_funds_ALEC.3F (accessed December 3, 2013).

[x] Nichols, John. “ALEC Exposed.” The Nation. http://www.thenation.com/article/161978/alec-exposed# (accessed December 3, 2013).

[xi] “History.” ALEC American Legislative Exchange Council. http://www.alec.org/about-alec/history/ (accessed December 3, 2013).

[xii] Ibid.

[xiii] “Where Does the Money Go? Federal Budget 101.” National Priorities Project. http://nationalpriorities.org/budget-basics/federal-budget-101/spending/ (accessed December 2, 2013).

[xiv] The Economist Newspaper. “The Trouble with Tax Reform.” The Economist. http://www.economist.com/blogs/democracyinamerica/2011/02/corporate-tax_reform (accessed December 3, 2013).

[xv] “Daily Kos.” : Buying Elections: Campaign Spending TRIPLES Since Citizens United. If You Can’t Win, Cheat + News!. http://www.dailykos.com/story/2013/03/11/1193246/-Buying-Elections-Campaign-Spending-TRIPLES-Since-Citizens-United-If-You-Can-t-Win-Cheat# (accessed December 3, 2013).

[xvi] Stein, Sam. “Top Bailout Recipients Spent $71 Million On Lobbying In Year Since Bailout.” The Huffington Post. http://www.huffingtonpost.com/2009/11/05/top-bailout-recipients-sp_n_346877.html (accessed December 3, 2013).

[xvii] Barofski, Neil. “Where the Bank Bailout Went Wrong.” NYTimes.com. http://www.nytimes.com/2011/03/30/opinion/30barofsky.html (accessed March 12, 2013).

[xviii] Murphy, Dan. “Booz Allen Hamilton, federal contractor.” Christian Science Monitor. http://www.csmonitor.com/World/Security-Watch/Backchannels/2013/0610/Booz-Allen-Hamilton-federal-contractor (accessed December 4, 2013).

[xix] Jonathan Fahey, Adam Goldman. “NSA Leak Highlights Key Role of Private Contractors,”  Huffington Post. June 10, 2013  http://www.huffingtonpost.com/2013/06/10/nsa-leak-contractors_n_3418876.html

[xx] Barton Gellman, Greg Miller.  “US Spy Network’s Successes, Failures and Objectives Detailed in ‘Black Budget’ Summary,”  Washington Post. August 29. 2013  http://articles.washingtonpost.com/2013-08-29/world/41709796_1_intelligence-community-intelligence-spending-national-intelligence-program

[xxi] Aubrey Bloomfield. “Booz Allen Hamilton: 70% of the US Intelligence Budget Goes to Private Contractors,”  Policymic.  http://www.policymic.com/articles/48845/booz-allen-hamilton-70-of-the-u-s-intelligence-budget-goes-to-private-contractors

[xxii] Waterman, Shaun. “NSA chief’s admission of misleading numbers adds to Obama administration blunders.” Washington Times. http://www.washingtontimes.com/news/2013/oct/2/nsa-chief-figures-foiled-terror-plots-misleading/ (accessed December 3, 2013).

[xxiii] Ibid.

[xxiv] Nader, Ralph. “Corporate espionage undermines democracy.” The Great Debate RSS. http://blogs.reuters.com/great-debate/2013/11/26/corporate-espionage-undermines-democracy/ (accessed December 2, 2013).

[xxv] “Groupthink in Service of Government.” BATR. http://www.batr.org/wrack/080413.html (accessed December 3, 2013).

[xxvi] “How Does America’s Middle Class Rank Globally?.” A Lightning War for Liberty. http://libertyblitzkrieg.com/2013/07/23/how-does-americas-middle-class-rank-globally-27/ (accessed December 3, 2013).

[xxvii] BATR.  Ibid.

[xxviii] Hare, Robert. “Focus on Psychopathy.” FBI. http://www.fbi.gov/stats-services/publications/law-enforcement-bulletin/july-2012/focus-on-psychopathy (accessed December 1, 2013).

[xxix] Bercovici, Jeff. “Why (Some) Psychopaths Make Great CEOs.” Forbes. http://www.forbes.com/sites/jeffbercovici/2011/06/14/why-some-psychopaths-make-great-ceos/ (accessed December 2, 2013).

[xxx] Decovny, Sherree. “The Financial Psychopath Next Door.” CFA Magazine, Mar. – Apr. 2012. http://www.cfapubs.org/doi/pdf/10.2469/cfm.v23.n2.20 (accessed December 3, 2013).

[xxxi] Boddy, Clive R… “The Corporate Psychopaths Theory Of The Global Financial Crisis.” Journal of Business Ethics 102, no. 2 (2011): 255-259.

[xxxii] LaCapra, Lauren Tara, and Leslie Adler. “Many Wall Street Executives Say Wrongdoing is Necessary: Survey.” Reuters. http://uk.reuters.com/article/2012/07/10/business-us-wallstreet-survey-idUKBRE86906G20120710 (accessed December 3, 2013).

[xxxiii] Salas Gage, Caroline. “Household Debt in US Climbed 1.1% in Third Quarter, Fed Says.” Bloomberg.com. http://www.bloomberg.com/news/2013-11-14/household-debt-in-u-s-climbed-1-1-in-third-quarter-fed-says.html (Accessed December 4, 2013.)

[xxxiv]“Giant Banks Take Over Real Economy As Well As Financial System … Enabling Manipulation On a Vast Scale.” Washingtons Blog. http://www.washingtonsblog.com/2013/07/giant-banks-take-over-real-economy-as-well-as-financial-system-enabling-manipulation-on-a-vast-scale.html (accessed December 3, 2013).

[xxxv] Hopkins, Cheyenne. “Fed Said to Review Commodities at Goldman, Morgan Stanley.” Bloomberg.com. http://www.bloomberg.com/news/2013-10-01/fed-said-to-review-commodities-at-goldman-morgan-stanley.html (accessed December 3, 2013).

[xxxvi] “Giant Banks Take Over Real Economy As Well As Financial System … Enabling Manipulation On a Vast Scale.” Washingtons Blog. http://www.washingtonsblog.com/2013/07/giant-banks-take-over-real-economy-as-well-as-financial-system-enabling-manipulation-on-a-vast-scale.html (accessed December 3, 2013).

[xxxvii] Upbin, Bruce. “The 147 Companies That Control Everything.” Forbes. http://www.forbes.com/sites/bruceupbin/2011/10/22/the-147-companies-that-control-everything/ (accessed December 3, 2013).

[xxxviii] “25 US Mega Corporations: Where They Rank If They Were Countries.” Business Insider. http://www.businessinsider.com/25-corporations-bigger-tan-countries-2011-6 (accessed December 2, 2013).

    [Null]

Have compassion for those still stuck in the matrix

(If a person doesn't enjoy "crazy conspiracy theories," please skip this and return to your gardening or whatever gives your life meaning.)
I most certainly do not know if this is accurate.  But it sounds to me like a strategist has thought lots of this through.

December 16, 2016 "Information Clearing House" - "Moon Of Alabama" -

  • There is an "elite" coup attempt underway against the U.S. President-elect Trump.
  • The coup is orchestrated by the camp of Hillary Clinton in association with the CIA and neoconservative powers in Congress.
  • The plan is to use the CIA's "Russia made Trump the winner" nonsense to swing the electoral college against him. The case would then be bumped up to Congress. Major neocon and warmonger parts of the Republicans could then move the presidency to Clinton or, if that fails, put Trump's vice president-elect Mike Pence onto the throne. The regular bipartisan war business, which a Trump presidency threatens to interrupt, could continue.
  • Should the coup succeed violent insurrections in the United States are likely to ensue with unpredictable consequences.

Best thing I've read in ages. You should make that a bumper sticker!

All the best,

Luke

Michael, 
But they also gave the people the power to elect those representatives (not just the elite land owners republics in the past), and the right to change the Constitution.  So it's intended to be a blend of a democracy and a republic, not just a pure republic.