So Every Eligible Citizen is Guilty of Electoral Fraud?

(commentary by Roger Erickson)

Documents in JPMorgan settlement reveal how every large bank in U.S. has committed mortgage fraud

Are they all guilty as hell? Absolutely.

Are all of our politicians either liars or fools? Absolutely.

What's that say about our electorate? Must be something wrong with our mirrors!*




* Right. Couldn't be us. Or does this mean that people will do everything in their power to avoid thinking? Come to think of it, that could also explain our obesity epidemic. Thinking burns calories. The evidence is overwhelming ... but that never seems to matter, does it?

Triumph of Neo-Capitalist Economics: Latvian Politicians Gain Freedom From Russia, Drive Talented Citizens Abroad as Price of Joining Euro, Then Invite Bribes From Russians To Return. Huh?

Commentary by Roger Erickson

Political rats swimming TOWARDS the buffet on a sinking ship? Whatever.

If YOU don't detect any sense in orthodox economics, don't feel bad. No logician does. It's all a convenient fraud. It's just that some frauds are more convenient than others. The following is how Latvian politicians try to compete with Goldman Sachs to get noticed in the competitive world of doing "God's Work."

Make sense of this chain of events, if you can.

Latvia finally gains freedom from the Soviet occupation.

Then, at the behest of orthodox "economists," Latvian politicians beg to be allowed to surrender their electorates new found sovereignty to the EU, and even to the EU's "monetary union" currency protocols. The agreed upon price of this political and banking surrender is aggressive austerity to gut the living standards of Latvians, and drive the bulk of their youth and talent to flee the country, for subsistence employment anywhere it can be found. Hey, it's the price a politicians got to arrange to have paid, by others, in order to secure his or her personal advancement, right?

With this quid pro quo complete, Latvian politicians then turned to "agile" methods for shoring up their own prospects. How? By recruiting and accepting legal "cash-for-Latvian (and hence EU) residency" bribes, (mostly?) from Russians barred from other paths for obtaining EU residency papers.

You couldn't make this up, this bitterly tragic mess - or accept it. Well, not unless you were steeped in the cynics of Latvian politics. Or used to taking bribes for screwing your country under the guise of economics declared "undeniably plausible" by certain, self serving (or breathtakingly clueless) economists. Or just a tragic fool, easily separated from the general welfare of your people.

Who says life is fair? If it is, Latvian politicians deserve to live in poverty, in the country they've sold. Getting promoted to cushy jobs in Brussels will be equivalent to a "get out of jail free" ticket, from the very jail they expropriated and sold to the highest bidders.

Heckuva job politiķi! Your actions are worth a četrkāršs sejas palmu!

The Latvian nation is half dead! Long live the kontrole Krāpšana!

"Politicians Claim America is “'Broke' to Justify Layoffs and Draconian Cuts in Critical Services."

commentary by Roger Erickson

PRWatch is calling for a "Robin Hood Tax."

They don't seem fully in-paradigm with modern currency operations, but the title line really caught my eye. It's the first mainstream sentence that speaks truth to ignorance. This may be a start, even if PRWatch doesn't fully grasp the implications of what it is saying.

Now if they went on to say that an ignorant, paranoid Upper Looting Class everywhere is mindlessly set on over-taxing and under-funding all perceived competitors ... they'd be even closer.

Sadly, that's moving too fast for 99.999% of all electorates, whose minds aren't even heading to the station yet, let alone boarding.  In fact, they don't even appreciate the value of a train system, nor the national security threat of a failed adaptive rate.

Beyond Troubling

It's not just banks & Libor. It's our own politicians and lie-bor.

Gulf & Iraq Net War Deaths Exceed Vietnam War?

The number of US citizen deaths is so obscene that there's nothing more to add. Not to mention the deaths of

If we're "running out of" currency, surely we should be building innovative capacity in the USA?

How about not wasting American lives in wasteful expeditions worldwide that over-protect industries such as oil and defense?

It's possible to go overboard in any direction, even with oil, defense & paranoia - not to mention banking.

Read blogs for the news, Bloomberg for the Party Line

Can no one in for-profit media be trusted? Bloomberg already has a whole city and his own army - how much more payment per word does he need from his editors & journalism staff?

Watching the Barclay's piece on his live news immediately triggered the following response: "They have a lotta nerve pitching the story that way! It's propaganda."

Wasn't there an old rock & roll song about that?

Who put the lie in the lie de liebor?
..Who put the cash in the till a ling ding dong?
Who was that man, who made him act that way?
..Who was that man? I'd like to grease his palm.
.....He's the man, the man who made the serfs vote for meeeeeee!"

According to Bloomberg, the story was all about the massive fines, slap down of management and significant moves made by both Barclay's mgt & UK regulators to correct a serious flaw in international banking operations.  Seriously.

Others called it what it was, a slap on the wrist for collaborators funding the very politicians who manage the regulators. Just whom is managing whom?

What do we need to goad people into action? Distribute bumper stickers saying "Honk if your politician is a crook too" - or something even more direct?  Perhaps a "Bernay's Own Political Salad Dressing" - or democracy repellent?

Our electorate is NOT taking this seriously enough. A recent example found a humorously shocking "prevalence of misconceptions about scientific information in our society, and to inspire revision of our national approach to science education at the college level."

Scientific information?  Heck, if we did a similar study on the prevalence of misconceptions about the nature of credit, coin & circulation in our local, state & national legislatures, we'd find an the state of affairs to be far, far worse.

Monetary operations is to economics like engineering is to physics. Yet we don't even have an academic field of "Monetary Operations."

No wonder that: "All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation." - (circa 1815?) John Adams

Citizens don't let citizens send ignorant delegates to a democratic legislature!

But banking lobbies do.  In fact, they encourage it.