New York Times journalist David Leonhardt concedes what is becoming obvious to more and more people who have started to connect the dots in our financial crisis:

I understand this chain of events sounds a bit like a conspiracy. And in some cases, it surely was.

Well, Duh?  You don't siphon off hundreds of billions of dollars worth of other people's money without some nefarious activity involved. 

As the corporate newsletter of the capital "C" conspirators however, The New York Times is not going to name its own sponsors as part of the problem.  Instead, their shill, Mr. Leonhardt, would like to have us believe that there is no way to catch the real crime bosses behind this financial conspiracy.  He laments, "Unfortunately, we can’t very well stop the flow of that money now. The bankers have already walked away with their profits (though many more of them deserve a subpoena to a Congressional hearing room)."

No, actually we can stop the flow of money now, and a mock show trial in Congress is nothing compared to having to answer an actual federal grand jury indictment.  Crimes were and continue to be committed.  This is not greed or free-market capitalism run amok.  Like the title of Mr. Leonhardt's article states, it was not profit taking that was going on but looting.  The only difference in this case is that the looters haven't been shown to us on TV screens running out into the streets with ski masks over their heads and loads of ill-gotten booty in their hands.

This is gangsterism 101.  The banksters have paid off their underlings in the media and Congress and are directing people's attention to a few lower level fall guys like Bernie Madoff, while the corporate executives and board members of A.I.G., Morgan Stanley, Goldman Sachs, and Bank of America walk free — if not right into the highest positions of our federal government. 

Not surprisingly, the solution offered by Leonhardt and his bought off NYT editors for solving this problem is not to go after the big fish in the New York based crime syndicate running this racket, but rather to give them more power to take out their lower level competition:

Modern economies can’t function without credit, which means the financial system needs to be bailed out. But the future also requires the kind of overhaul that Mr. Bernanke has begun to sketch out.

And what has Mr. Bernanke started to sketch out, why global regulation of everything financial of course.  Meet the New World Order.  (You gotta love the backdrop for Bernanke's speech this Tuesday.)

Outside of risking total defeat by deferring to the power that comes out of a barrel of a gun, the only way out of this mess is for American citizens to get organized and take back control of our Congress and the legislative process.  That's why I am in The John Birch Society.  How about you?

TrackBack URI for this entry

Comments (0)

Subscribe to this comment's feed

Show/Hide comments