Two more from Karl Denninger on the accelerating Foreclosuregate fiasco:
WSJ: Due Process No Longer Required In The United States
Foreclosuregate: What Must Be Done Today
Not simply limited to the current scandal is Denninger's rhetorical question to the Powers-That-Be:
Has anyone considered that if we no longer have a rule of law and we no longer have due process that there are 330,000,000 Americans who just became empowered, under the very standards put forward by The Journal's Editorial Board, The Banks and our Government, to issue their own declaratory judgments and carry out their own sentences?
No, Karl, it's actually worse than that.
The Powers-That-Be and their lackeys have assessed the situation, run the resulting numbers, bought those they needed to buy, and now view the remainder of the American population as utterly impotent serfs-in-training.
What generally happens when men of ferocious appetites confront others they consider deem weak?
History holds the answer, in volumes.
Got tribes?
"What generally happens when men of ferocious appetites confront others they consider deem weak?"
ReplyDeleteAnswer: Their hubris precedes their demise. Pride cometh before a fall!
KPN3%
Although I appreciate Denninger's understanding of the financial scam, we as a nation are not close to "anarchy" yet. The TVs are still on, food is still in the fridge, and the buses are still picking the kids up for school. The state governors are still toadies for DC and DC is bought off. (The governors have been set up as the new dukes over the serfs).
ReplyDeleteUntil you see a state governor grow a pair, nothing is going to change. However, when it does "change" again, it may not be for the better. Use history as your guide.
Agreed, GS. But there is always miscalculation....
ReplyDelete"We're not aware of a single case so far of a substantive error.
ReplyDeleteNow that's a lie. How about the woman who spent a half-hour in her bathtub calling 911 because bank contractors broke into her home while she was there to change the locks and attempt to lock her out - forced entry into an occupied dwelling - when they did not possess a foreclosure judgment.
Oh yeah, she's late on her payments. But that doesn't give the bank the right to steal the property. They're supposed to go get a judgment first. That's called due process of law and I think I read that in The Bill of Rights somewhere.
But in the land of The Wall Street Journal, due process of law is meaningless."
Wait til they try that shit on someone who will just say "fuck it" and cut loose. It's probably already happened-just suppressed by their media.
"
If it's good enough for the banks and The Journal, it's good enough for the people at large.
How about if the people were to decide as a nation that due process of law didn't matter any more in the general case? What if the people were to decide that The Wall Street Journal's editorial board - or the thousands of bank executives, board members and others - were guilty of capital crimes - without a trial?"
Now that's a good idea...
This crisis was set up decades ago when we were made dependant on corporations for sustenance-wage jobs. Then credit was introduced to us while jobs were gradually sent overseas-bankster engineered economic declines masked further strip mining of American manufacturing capacity.
With their media and public schools addling us we(as a nation)bought into using our enemy's debt slavery... credit... to maintain a living standard our grandparents easily enjoyed with one 40 hour week wage earner. Of course by the 1990's that turned into two overtime-working wage earners hoping their wage job wasn't the next to be shipped overseas. Which it was.
Then the banksters really opened the fucking credit floodgates and we who were desperate to maintain the culturally imbuled expectations of prosperity hocked our lives to homes we really couldn't afford. Overpriced, shoddily built homes but at any rate this only makes sense as seen as a strategy by an occupying enemy power to strip the American People of their remaining wealth.
Two Americas-always has been.
freedomguide.blogspot.com/2006/01/two-americas.html