I repeat a portion of my quote from Noam Chomsky to
reinforce the notion that Anarchy does not support the absence of order. Anarchy…. "is a tendency that is suspicious
and skeptical of domination, authority, and hierarchy. It seeks
structures of hierarchy and domination in human life over the whole range,
extending from, say, patriarchal families to, say, imperial systems, and it
asks whether those systems are justified. It assumes that the burden of
proof for anyone in a position of power and authority lies on them. Their
authority is not self-justifying. They have to give a reason for it, a
justification. And if they can’t justify that authority and power and
control, which is the usual case, then the authority ought to be dismantled and
replaced by something more free and just."
To be clear, the Libertarian movement in the USA has been
hijacked by those who wield Private Power for the sake of maintaining the
status quo, by shoving legitimate governmental checks aside. So my quest for finding a vehicle to oppose
MiLords (the .1% or a mil) has led me to become an Anarchist. In Part I, I promised to define the
historical backdrop that has led to the subjugation of our democratic system
and the perversion of capitalism. We begin
with the establishment of the First Bank of the United States in February of 1791.
Establishing a private central bank was so controversial
that it gave rise to the two party system, pitting the agrarian States Rights interests
(Thomas Jefferson) against the Federalists interests of bankers (Hamilton). Unfortunately over time States Rights became synonymous
with the defense of slavery and the Civil War sealed the victory of the bankers
over the farmers. But the battle lines
were clear even in 1791 and remained clear for more than a century. Not until the rise of the insurance industry
in the late 19th century did banking succeed once and for all to
define money as debt and put it under the control of Private Power.
The charter of the first central bank expired in 20 years
and was allowed to lapse. The only
compelling reason powerful enough to overcome the natural resistance to
financial domination by bankers is war.
Wars have to be paid for. And so
the bankers of England and the US managed to drag us into the war of 1812 and
the establishment of the Second Bank of the United States followed with the
issuance of debt instruments to pay for that war. Sure enough the Second Bank fueled land
speculation in the West and when it collapsed the bankers owned a lot of
foreclosed property. (sound
familiar?) Andrew Jackson dissolved that
second bank and paid off the war debt in the 1830’s. That marked the last time a war was fought
and paid for. We have been enslaved by
debt ever since.
The battle between States Rights agrarians and Federalist
Bankers raged on until the river of life insurance cash gave rise to the
Federal Reserve, the ultimate debt based Ponzi Scheme that cemented Private
Power in the form of private banking in place, once and for all. The secret meetings of insurance tycoons set
the course almost a decade before the now famous secret meetings of bankers on Jekyll
Island. The resulting system rolled up
real estate speculation, debt enslavement in the form of mortgages and life
insurance in the form of mortgage insurance to protect bankers on the downside
into one big tidy package. The 30 year
work span was nested into the 30 mortgage in a seamless tapestry of debt enslavement.
However, the resistance did not end.
The Clayton Antitrust Act of 1914 was an attempt to curb the power of
MiLords and the punch and counterpunch carried on until the last fig leaf of
regulation was stripped away when President Clinton signed away the separation
of banking, insurance and financial institutions. Reforms were always watered down at the
eleventh hour and key provisions eroded away over time. Glass-Steagall was all but dead when Clinton
allowed for its formal demise in 1999.
Clinton campaigned in 1992 on limiting corporations from
deducting excessive CEO compensation from taxable profits. But instead there followed an interpretation
that compensation could be deducted as long as it was supported by
productivity. So instead of halting the practice, it unleashed a furious
stampede to the top. MiLords set the bit
in their mouth and ran with it until we have multiples of CEO pay to average
employee pay in excess of 400. In my
youth the multiples were 12. The forces
of reform and regulation are in complete disarray.
We have then a system which is neither democratic, nor
free. Markets are ruthlessly manipulated
in an effort to support a failing dollar.
Free market capitalism has been replaced by Socialism for the rich, a
winner take all strategy. The once thriving middle
class (50's 60's and 70"s) has been floundering with real wages stagnant, since the late 70’s. In an attempt to keep up we resorted to first sending out women into the work force to make
up the difference, then working two jobs and finally resorting to debt (using
inflated property values) to support a lifestyle that is becoming only a memory. Propaganda (see Part I) is used to perpetuate
the myth that we are the greatest democracy in the world. Massive wealth is used to fund elections.
And so we have what some are calling the Deep State; a
combination of the Military Industrial Complex, the National Security
Apparatus, a private central bank, a compliant legislature and a puppet President. I am more than a little skeptical of this
domination by MiLords.
I AM THEN AN ANARCHIST.
I CANNOT BE SILENT.
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