Blog Archives

Political and Social Conflict Is Accelerating: Here’s Why

That economic, social and political conflict is accelerating is self-evident. What’s open to debate are the core drivers of conflict / disorder /unraveling.

Here’s the core self-reinforcing dynamic in my view:

1. The status quo elites can no longer mask soaring costs of essentials nor soaring wealth / income inequality between the top .01% (Oligarchs), the top 9.99% who enrich the Oligarchs with their discretionary spending and technocratic/managerial labor, and the bottom 90% who are rapidly losing ground on all fronts: economic, social and political.

2. The elites’ “fixes” to the social / political conflicts unleashed by the rigged financial system and winner take most economic order are politically expedient, meaning they don’t actually address the sources of conflict, they merely paper them over with PR as a means of preserving the elites’ wealth and power.

3. The elites’ fundamental financial “fix” is to create trillions in newly issued currency and distribute it to the banks, financiers, super-wealthy families and global corporations– the top .01% Oligarchs.

4. This “fix” accelerates the asymmetric distribution of wealth by enabling the already-wealthy to buy more productive assets, fund stock buybacks, etc., while forcing the bottom 90% to borrow money from the Oligarchs to make ends meet: the rich get richer, the poor get more indebted.

5. The only possible output of these inputs (political expediency to preserve the elites’ wealth and power, the creation and distribution to the Oligarch class of trillions in new currency) is the acceleration of the very erosion that fueled social / political conflicts in the first place. In effect, the elites’ “fixes” are accelerating the conflicts that will ultimately lead to their downfall.

(more…)

Tagged with: , , , , ,

The Lessons of Rome: Our Neofeudal Oligarchy

The Inheritance of Rome: Illuminating the Dark Ages 400-1000 is not an easy, breezy read; its length and detail are daunting.

The effort is well worth it, as the book helps us understand how the power structures of societies change over time in ways that may be largely invisible to those living through the changes.

The Inheritance of Rome focuses on the lasting influence of Rome’s centralized social and political structures even as centralized economic power and trade routes dissolved.

This legacy of centralized power and loyalty to a central authority manifested 324 years after the end of the Western Roman Empire circa 476 A.D. in Charlemagne, who united much of western Europe as the head of the Holy Roman Empire. (Recall that the Eastern Roman (Byzantine) Empire endured another 1,000 years until 1453 A.D.)

But thereafter, the social and political strands tying far-flung villages and fiefdoms to a central authority frayed and were replaced by a decentralized feudalism in which peasants were largely stripped of the right to own land and became the chattel of independent nobles.

In this disintegrative phase, the central authority invested in the monarchy of kings and queens was weak to non-existent.

In the long sweep of history, it took several hundred years beyond 1000 A.D. for central authority to re-assert itself in the form of monarchy, and several hundred additional years for the rights of commoners to be established.

Indeed, it can be argued that it was not until the 1600s and 1700s–and only in the northern European strongholds of commoners’ rights, The Netherlands and England–that the rights of ownership and political influence enjoyed by commoners in the Roman Empire were matched.

It can even be argued that the rights of Roman citizenship granted to every resident of the late Empire were only matched in the 19th and 20th centuries.

(more…)

Tagged with: , , ,

The Political Rebellion Gathers Momentum

The Ruling Class that wants us to love our servitude incites us to seek divisions: between red and blue, left and right, progressive and conservative, and so on. The Ruling Class in the mainstream media, in Washington D.C. and in Silicon Valley are experts at manipulating language and terminology to divide and conquer.

But beneath the superficial red-blue divide they are hawking, a broad-based political rebellion against the Oligarchy and their Ruling Class nomenklatura is gathering momentum. People left, right and center are awakening to two painfully obvious realities:

1. the political-social-economic system no longer works for the bottom 95%

2. the system is intrinsically unfair–rigged to benefit the few at the expense of the many.

The bottom 95% lack the political influence of the Oligarchy, and so their only means of expressing their disapproval is at the ballot box, by rejecting the approved mainstream candidates in favor of candidates who might move the needle in a rigged system.

What are the core economic issues that people are trying to solve at the ballot box?

(more…)

Tagged with: , , , ,

Our Protected, Predatory Oligarchy: Dirty Secrets, Dirty Lies

The revelations coming to light about Hollywood Oligarch Harvey Weinstein perfectly capture the true nature of our status quo: a rotten-to-the-core, predatory, exploitive oligarchy of dirty secrets and dirty lies protected by an army of self-serving sycophants, servile toadies on the make and well-paid legal mercenaries. Predators aren’t an aberration of the Establishment; they are the perfection of the Establishment, which protects abusive, exploitive predator-oligarchs lest the feudal injustices of life in America be revealed for all to see.

The predators reckon their aristocratic status in Hollywood/D.C. grants them a feudal-era droit du seigneur (rights of the lord) to take whatever gratifications they desire from any female who has the grave misfortune to enter their malefic orbit.

Anyone who protests or makes efforts to go public is threatened by the oligarch’s thugs and discredited/smeared by the oligarch’s take-no-prisoners legal mercenaries. (Recall the Clintons’ Crisis Management Team tasked with crushing any Bimbo Eruptions, i.e. any eruptions of the truth about Bill’s well-known-to-insiders predation of the peasantry.)

(more…)

Tagged with: , , , , , , , , , ,

Trump Aims to Cut the Neocon Deep State Off at the Knees

I have long held that America’s Deep State–the unelected National Security State often referred to as the Shadow Government–is not a unified monolith but a deeply divided ecosystem in which the dominant Neocon-Neoliberal Oligarchy is being challenged by elements which view the Neocon-Neoliberal agenda as a threat to national security and the interests of the United States.

I call these anti-Neocon-Neoliberal elements the progressive Deep State.

If you want a working definition of the Neocon-Neoliberal Deep State, Hillary Clinton’s quip–we came, we saw, he died–is a good summary: a bullying, arrogance-soaked state-within-a-state pursuing an agenda of ceaseless intervention while operating a global Murder, Inc., supremely confident that no one in the elected government can touch them.

Until Trump unexpectedly wrenched the presidency from the Neocon’s candidate. The Neocon Deep State’s response was to manufacture a mass-media hysteria that Russia had wrongfully deprived the Neocon’s candidate (Hillary Clinton) of what was rightfully hers: the presidency. (The Neocons operate their own version of the divine right of Political Nobility.)

(more…)

Tagged with: , ,

If Hillary Isn’t Indicted, the Rule of Law and the Republic Are Dead

To paraphrase Ernest Hemingway: How did you lose your Republic? Two ways, gradually and then suddenly. The Romans experienced this when their Republic was extinguished by Empire.

The erosion of the Republic was gradual: slowly but surely, the lower classes’ representation in governance was curtailed; the Oligarchy of the wealthy and powerful cemented their privileges at the expense of the many; Oligarchs rose above the laws that were supposed to apply to all, and executive power was consolidated in top administrators and the wealthy at the expense of the Senate.

When Caesar crossed the Rubicon with his army to seize control of Rome, the Roman Republic ceased to exist. Gradually and then suddenly: this is how Republics become Empires.

We find ourselves in a parallel moment in history: the American Republic has been hollowed into a shell that is maintained for PR purposes. Beneath the propaganda, the Establishment runs the nation for its own benefit. The people are ignored, because they are powerless in this hollow shell of democracy: their only role is to provide bodies, talent and blood for the Imperial armed forces, pay taxes if they have any money, and be content with their food stamps if they don’t.

Here’s the proof:

Testing Theories of American Politics: Elites, Interest Groups, and Average Citizens

Multivariate analysis indicates that economic elites and organized groups representing business interests have substantial independent impacts on U.S. government policy, while average citizens and mass-based interest groups have little or no independent influence.

Here are two articles in the same vein:

America the Banana Republic

The Quiet Coup

The United States has reached a crossing the Rubicon moment: either Hillary Clinton is indicted for knowingly violating statutes regarding State Department security, or the rule of law and the Republic are dead. This is a binary moment: we either let Hillary evade the laws that were established to protect the security of the nation and confess there is no rule of law now for the Oligarchy, or the agencies tasked with defending the nation indict her.

There is no middle ground. If Hillary isn’t indicted, the rule of law, i.e. no one is above the law, is dead.

If you believe Hillary that she didn’t really do anything to violate the spirit or the letter of security laws, please review these statutes:

U.S. Department of State Foreign Affairs Manual Volume 12 – Diplomatic Security
12 FAM 531.1 Top Secret Storage
12 FAM 531.1-1 Domestic
(CT:DS-185; 01-31-2012)
(Uniform State, USAID, OPIC, TDP)

2 FAM 558 CRIMINAL LAWS
(TL:DS-70; 10-01-2000)

Incidents involving intentional or grossly negligent release or mishandling of classified information may be subject to criminal penalties. An illustrative list of criminal statutes establishing penalties of fine and imprisonment for the release of classified information is set forth in 12 FAM 558 Exhibit 558.

Once the Oligarchy is above the law, the Republic is already dead. Once the people have lost the ability to influence the central state’s policies and decisions, the Republic is dead. Once the elected officials can no longer impose the nation’s statues on the Oligarchy (or have lost interest in doing so because they are all corrupted cronies), the Republic is dead. Once the nation’s agencies of law enforcement are stayed from indicting, prosecuting and jailing members of the Oligarchy, be they super-wealthy politicos like Hillary or super-wealthy Wall Street bankers, the Republic is dead.

The Democratic Party bosses and special interests have already selected Hillary as their shoo-in candidate for the Presidency, and these Oligarchs and special interests won’t let any pesky details like laws protecting the security of the nation stand in the way of their Not So Quiet Coup.

The nation’s Deep State, which I have covered extensively, has at least grudgingly approved Hillary as the next neo-conservative (never met an Imperial entanglement or drone strike she didn’t like), neocolonial (we’re going to put the “little people” in their rightful place, i.e. under our management) Imperial President.

A vote for Hillary, unindicted Oligarch, is a vote in favor of the destruction of the rule of law and the Republic. This is the Rubicon every voter must decide to cross or refuse to cross: vote for Hillary (destroy the Republic and surrender to Imperial Oligarchy) or refuse to vote for an unindicted Imperial Oligarch.

Tagged with: , , , , , , , , ,

2016 Theme: The Hollow Shell of Democracy

A number of systemic, structural forces are intersecting in 2016. One is the hollowing out of democracy globally.

Democracy has three distinct states of being: formal, in actual practice and informal. Nations that claim the mantle of democracy typically mix features of all three varieties.

(more…)

Tagged with: ,

A New Low – Hillary Clinton Claims 9/11 is the Reason She’s Owned by Wall Street

Screen Shot 2015-11-15 at 1.25.46 PM

That Hillary Clinton is owned by Wall Street is such an indisputable fact at this point, there’s no point in her even trying to squirm her way out of it. As such, it appears she took on a different tact at last night’s Democratic debate, straight out of the George W. Bush playbook. When asked about her Wall Street donors (her top career contributors are essentially all TBTF banks), she shamelessly replied:

CLINTON: So I represented New York, and I represented New York on 9/11 when we were attacked. Where were we attacked? We were attacked in downtown Manhattan where Wall Street is. I did spend a whole lot of time and effort helping them rebuild. That was good for New York. It was good for the economy, and it was a way to rebuke the terrorists who had attacked our country.

You could almost hear her political minions plotting earlier in the day…

Read the rest here.

Tagged with: , , , , , ,

The Oligarch Recovery – U.S. Military Veterans are Selling Their Pensions in Order to Pay the Bills

Screen Shot 2015-10-28 at 3.24.38 PM

Welcome to the oligarch recovery. An economic rebound so robust that an ever increasing number of Americans are being forced to borrow money at usurious rates just to pay the bills. Today, I want to introduce you to the latest scheme to profit from poverty: Pension Advance Companies.

Read the rest here.

Tagged with: , , , , , ,

The Deterioration of America’s Corporate Balance Sheet

Screen Shot 2015-10-17 at 4.32.48 PM

I don’t comment frequently on the state of financial markets these days, but the following article from Bloomberg really grabbed my attention.

It relates to interest coverage ratios across corporate America, and quite frankly, I was stunned to see how badly balance sheets have deteriorated during the recent pitiful cyclical economic rebound which I have dubbed the oligarch recovery

Read the rest here.

Tagged with: , , , , , ,

Rewarding Failure – Volkswagen CEO to Receive $32 Million Pension

Screen Shot 2015-09-23 at 3.45.47 PM

Last week, I tweeted the following with regard to my prediction about what would happen to the Volkswagen CEO after pretty much destroying the company’s reputation due to the emissions cheating scandal:

It didn’t take long for crony capitalism to kick in. You know, where the most destructive and inept members of society are consistently rewarded for failure. Bloomberg reports the following…

Read more here.

Tagged with: , , , , , ,

You’ve Been Warned – Calls for Mandatory “National Service” for Americans Aged 18-28 Has Begun

Screen Shot 2015-06-17 at 12.07.27 PM

This is one of the most important articles I will write all year. The statists are coming for your kids, and the conditioning has already begun.

Last night, I came across one of the most horrifying articles I have ever read, which is saying a lot. Before I get into it, take a look at the title and the tagline:

Screen Shot 2015-06-17 at 11.10.35 AM

If you think the title is bad, wait until you read the article. What becomes evident is that this grotesque concept of forced “national service” is being actively discussed at the highest levels of government. What Ron Fournier is doing in his National Journal article is conditioning the public to accept something that is completely unacceptable.

Read the rest here.

Tagged with: , , , , ,