FedUpUSA

Conservatives Support Protests

Conservative Groups Support Protests

Last month, I called on conservative groups to endorse the Occupy Wall Street protests:

It is time for some big conservative endorsements, to rally around the non-partisan issues important to all Americans.

The Tea Party should endorse the protests, but so should the Oath  Keepers, taxpayer rights groups, conservative Christians, limited  government groups, and all other conservative groups.

Yesterday, the Oath Keepers and a founding member of the Tea Party announced that they are supporting the protests:

Oath Keepers sees good reason to stand in the streets with  these awakening souls and protect their right to free speech, to  peacefully assemble, and to redress their grievances to their  government, as the Constitution prescribes for all Americans.  That is  one thing.   Another facet of our initiative is to use these public  gatherings to reach and teach many who now hunger for the truth – we can  show them how the Constitution will protect them better than an  oversized, bloated Federal behemoth hell-bent on controlling every  aspect of each citizen’s life.

To point this out to the masses, Oath Keepers is organizing a joint  effort along with Alex Jones of Infowars dot com (who himself called for  an Occupy the Fed movement); Steven Vincent of End The Fed; Danny  Panzella’s Truth Squad TV; Brandon Smith of  Alt-Mkt.com; Gary Franch of  Restore The Republic; and others as quickly as we can contact them.  Remember Bob Dwyer, the guy who started the first Tea Party to launch  the Ron Paul revolution? He’s in. The forces of Constitutional rule of  law must muster now to deflect the bile being belched forth by the  socialist/statist extremists …. Oath Keepers has the message American  youth need. If we do not go out into the street and give them the truth,  can we really say we’re still honoring our Oath?

Common Ground Between Conservatives and Liberals

As I’ve previously noted, both liberals and conservatives hate corporate socialism (where the federal government favors giant corporations at the expense of the little guy) .  The Oathkeepers announcement zeroes in on this issue in a way that both conservatives and liberals can agree on:

When a corporation becomes larger than is useful, and seeks to  concentrate financial power into the political and governmental spheres,  its likeness is no longer the King Snake, but instead is more like a  Rattlesnake.  At a point we call such corps “Monopoly Capitalists”. By  the time a grouping of such Monopoly Capitalist corps are setting U.S.  foreign policy, which the arms industry certainly does nowadays, the  problem becomes unbearably apparent.  Bechtel comes to mind, along with  Halliburton, the Carlyle Group, Monsanto, General Electric, et al.

That part of Wall Street is certainly to blame. But that is not  “Capitalism”. Instead, it is “Monopoly Capitalism”, and it is now  observably moving America into a new world order with intent to place  America under the alleged authority of a one-world government. As such,  Monopoly Capitalism is un-Constitutional and must be opposed.

 

Karl Denninger – one of the founders of the Tea Party – supports the protests (even if he doesn’t agree with some of the positions taken by some of the protesters) Denninger posted the following letter today:

You know what the “Occupy Wall Street” movement is?

It is all the things that were in the original Tea Party, but were steadily ignored as the TP became a Republican booster club.

The  Tea Party is a contradiction. They want a balanced budget, but they  also want the US military to intervene everywhere …. Individual  rights are important too, but don’t push it too far. After all,  republicans came up with today’s policies.

There are a few nuts in  the OWS crowd, but from what I hear “Occupy Wall Street” is about  bringing the fraudsters to justice. Its about changing the  banker/government dynamic that runs this country. It’s about free  markets. It’s about ending endless debt. It’s about stopping the wars.  It’s about the rule of law. It’s about the libertarian soul of America.

Since the TP lost the focus of addressing the root problems of America, they remain unresolved.

***

Pete Blome
Chair, Libertarian Party of Okaloosa County

Michael Moore Doesn’t Speak for the Protest

While Michael Moore says that capitalism itself is the problem, Mr. Moore is wrong.  Indeed, one of the main organizers of the protests told me that Moore’s statement is very counter-productive.

As I’ve previously noted:

When Mahatma Gandhi was asked what he thought about Western civilization, he answered:

I think it would be a good idea.

I feel the same way about free market capitalism.

It would be a good idea, but it is not what we have now. Instead, we have either socialism, fascism or a type of looting.

If people want to criticize capitalism and propose an alternative, that is fine . . . but only if they understand what free market capitalism is and acknowledge that America has not practiced free market capitalism for some time.

***

People pointing to the Western economies and saying that capitalism  doesn’t work is as incorrect as pointing to Stalin’s murder of millions  of innocent people and blaming it on socialism.    Without the  government’s creation of the too big to fail banks, Fed’s intervention in interest rates and the markets, government-created moral hazard emboldening casino-style speculation, corruption of government officials, creation of a system of government-sponsored rating agencies which had at its core a model of bribery, and other government-induced distortions of the free market, things wouldn’t have gotten nearly as bad.

As Justice Louis Brandeis said:

In a government of laws, the existence of the government  will be imperiled if it fails to observe the law scrupulously. Our  government is the potent, the omnipotent teacher. For good or ill, it  teaches the whole people by its example. If government becomes a  lawbreaker it breeds contempt for law: it invites every man to become a  law unto himself. It invites anarchy.

[Confirmed here.]

If there has been lawlessness and corruption among Wall Street  players, it was partially simply modeling the lawlessness and corruption  of the Executive Branch and Congress members. I’ve written elsewhere  about how the government lied by saying Saddam had weapons of mass  destruction and was behind 9/11 (when he didn’t and wasn’t), that we  don’t torture (when we did), that we don’t spy on Americans (when we  did), etc.  Just like kids model what their parents do as well as what they say, Wall Street modeled the unlawful and corrupt actions of our government employees.

Being against capitalism because of the mess we’ve gotten in would be  like Gandhi saying that he is against Western civilization because of  the way the British behaved towards India.

Corrupt Politicians Enable Wall Street Corruption

The Oathkeepers and conservative alternative media powerhouse Alex Jones also zero in on the Federal Reserve system as a core problem. As Oath Keepers notes in its announcement:

Oath Keepers is planning to “Occupy The Fed Now!”  and publicize this to remind the Occupy Wall Street people that the Fed  is the source problem, without which the Wall Street criminals would be  set back a hundred years. I will be posting our press release and a  longer list of groups and orgs who will be joining Oath Keepers in this  initiative.

We are currently drawing up our press release regarding our own  response to the Occupy Wall Street phenomenon, which will be Oath  Keepers’ official statement.   We are now planning an official Oath  Keepers project which we’ve named “Occupy The Fed Now!”.

Yes, Oath Keepers has seen the need to block the attempted takeover  of the populist movement generally referred to as Occupy Wall Street.

In an extensive phone conference on the evening of October 04, 2011,  we heard from Oath Keepers who have attended Occupy Wall Street, Occupy  Boston, Occupy Los Angeles, and Occupy Seattle. The overall consensus  from our people at these rallies is that most people attending the  rallies are very open-minded to the Oath Keepers mission/message, and  that they are hungry for answers. Indeed, our reports indicate that many  Americans right now are awakening, in droves it seems, and they are  full of questions for which we have the answer – the Constitution for  the united States of America.

While progressives might assume that the Fed has helped the economy from getting worse, or that the importance of ending the Fed is being overhyped, top economists and financial experts disagree. See this, this and this.

As I pointed out Monday, whatever people think the government should do, the D.C. politicos have actually been a large part of the problem:

Because government policy is ensuring high unemployment, it is not surprising that the American protesters are angry at the Federal Reserve and other government institutions, and not just the big Wall Street banks.

Remember, Bush and Obama’s economic policies are virtually indistinguishable.   Indeed,  Obama actually likes high unemployment.

And as I noted in 2009, the government created the giant banks:

As MIT economics professor and former IMF chief economist Simon Johnson points out today, the official White House position is that:

(1) The government created the mega-giants, and they are not the product of free market competition

(2) The White House needs to “regulate and oversee them”,   even though it is clear that the government has no real plans to   regulate or oversee the banking behemoths

(3) Giant banks are good for  the economy

Of course, the government has also made it policy to cover up fraud and protect the fraudsters, and so the free market has no chance to punish fraud or cleanse wrongdoing from the system.

Without government-created moral hazard emboldening casino-style speculation, corruption of government officials, creation of a system of government-sponsored rating agencies which had at its core a model of bribery, and other government-induced distortions of the free market, things wouldn’t have gotten nearly so bad.

Indeed, the government is so corrupt that the head of the economics department at George Mason University says that D.C. politicians are worse than prostitutes … they are “pimps”, since they are pimping out the American people to the financial giants.

And while co-option of government by the big banks is a huge problem,  it is also true that corruption in government leads to corruption in  the private sector.  See this and this.   The U.S. has truly become a banana republic, just like the worst Latin American countries.

So anyone who thinks that government would solve all of our problems  if it were only freed from obstructionists is only seeing half the  problem, and is falling for the oldest trick in the book … the ole’ divide and conquer strategy.

Washington’s Blog

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