What happens to everyone in the ruling Elites and those desperately trying to join the ruling Elites when the debt-serfs stop paying and the tax donkeys drift away to lower-cost, lower-income lifestyles?
Turn on, tune in, drop out was a famous slogan of the 1960s counterculturepopularized by Timothy Leary, who stated that slogan was “given to him” by Marshall McLuhan during a lunch in New York City in 1966.
Tune in referred to gaining an awareness of the countercultural spectrum of ideas and values, turn on referred to mind-expansion via psychedelics and drop out meant to drop out of conventional society; Leary later explained that “drop out meant self-reliance, a discovery of one’s singularity, a commitment to mobility, choice, and change.”
In 1967, Leary modified the slogan thusly: Drop out. Turn on. Drop in.
Here at oftwominds.com, the slogan has been updated to Tune In, Turn On, Opt Out: tune in means to become aware the status quo is unsustainable and deranging;turn on means to become engaged in self-reliance and taking control of one’s life and livelihood, and opting out means opting out of supporting our financialized cartel-state Neofeudal Debtocracy by being a compliant debt-serf and tax donkey.
People all over the world are tuning in to alternative narratives, turning on to self-reliance and low-cost/low-impact living and opting out of the status quo culture of consumerism, debt and complicity with a parasitic, exploitive financial-state Aristocracy/Plutocracy/Oligarchy/Kleptocracy (take your pick–it’s still the same rapacious Elite whatever name you choose).
The most direct path to an alternative way of living is to opt out of debt and the associated consumerist fantasies of store-bought selfhood: multiple university degrees, brand name clothing, luxury autos, etc. This renunciation of consumerist consumption and debt is called Degrowth (May 9, 2013).
Once you opt out of debt and excess consumption, you need a lot less money to live; that means one can work less and have more time for family, gardening, self-cultivation, entrepreneural enterprises, etc.
For many, the cash economy and generous state benefits beckon. I am not recommending any particular lifestyle or set of choices here, I am simply stating what can easily be observed in any developed nation should you remove the mainstream media/state propaganda blinders: people are earning their livelihood in the informal cash economy, avoiding VAT and sales taxes, and many are drawing some sort of state benefit for one reason or another: unemployment, disability, early retirement, etc.
Others are occupying housing units without paying rent or the mortgage, i.e. squatting.A tide of squatters spreads in Spain in wake of foreclosures:
A 285-unit apartment complex in Parla, less than half an hour’s drive from Madrid, should be an ideal target for investors seeking cheap property in Spain. Unfortunately, two thirds of the building generates zero revenue because it’s overrun by squatters.“This is happening all over the country,” said Jose Maria Fraile, the town’s mayor, who estimates only 100 apartments in the block built for the council have rental contracts, and not all of those tenants are paying either. “People lost their jobs, they can’t pay mortgages or rent so they lost their homes and this has produced a tide of squatters.”
As I have ceaselessly explained here for years, this is the inevitable result of financialization and state-enforced rentier arrangements in a Neofeudal Debtocracy:
Bernanke’s Neofeudal Rentier Economy (May 7, 2013)
The Fatal Disease of the Status Quo: Diminishing Returns (May 1, 2013)
College Grads: It’s a Different Economy (May 3, 2013)
What happens to everyone in the ruling Elites and those desperately trying to join the ruling Elites when the debt-serfs stop paying and the tax donkeys drift away to lower-cost, lower-income lifestyles? The ruling kleptocratic financiers and the vast political class of toadies, lackeys, apparatchiks and grifters that do their bidding will be like a bloated general staff who finds their malnourished army of conscripts has slipped away into the night; their parasitic empire will implode because nobody is left to do their bidding.
If you think Tune In, Turn On, Opt Out sounds ludicrous, check back in four years (2017) and eight years (2021) and see how many of your fellow debt-serfs and tax donkeys have quietly abandoned the bloated cost-structure, debt and derangement of the Neofeudal Debtocracy’s twisted consumerist dream.
Charles Hugh Smith – Of Two Minds
Let’s see how I do with the list.
- Fast And Furious (guns for drug lords, resulting in murder of Americans and Mexicans)
- Robosigning (over 100,000 perjured affidavits filed in court cases)
- IRS Tea Party and other group and individual abuse in direct violation of the law (politically-based harassment and now apparently-perjured testimony before Congress)
- Money Laundering for terrorists and drug lords (by multiple large banks)
- Intentional and unlawful destruction of property rights (GM bondholders screwed for political cronies in the UAW)
- Intentional and unlawful destruction of your saved wealth (QE, QE2, QE3, QEinfinity, $1 trillion+ deficits, etc; Treasury and Federal Reserve actions)
- Benghazi (apparent illegal arming of terrorists, then an attempt to reverse that leading to the attack on our CIA outpost and what appears to beintentional indifference and orders to stand down during the attack that had to come from the White House despite ability to respond; this amounts to conspiracy with the terrorists to kill Chris Stevens and the others who died.)
- Swindles by the billions in countless schemes during the 2000s related to securitizations and other hinky deals (where despite black letter legal requirements for actual endorsement and delivery of documents banks simply did not comply and now argue there should be no penalty for not having done so, and that these defects are “mere procedural errors” despite intent to not comply.) The result is that our land title system no longer has any resemblance of integrity.
- Intentional destruction of anything approaching a “free market” for health care going back 30+ years and now compounded through active conspiracy by Obama and all of the political parties to grant, protect and enforce through government monopolies and cost-shifting resulting in cost escalations of 500-1,000% or even more against market prices and now, with Obamacare, abuse of the IRS tax power to force another 100% or more increase in those expenses down your throat for the express purpose of enrichment of those in the medical industry.
I’m sure I’ve missed a bunch, but this is a good start.
What do all these (and more) have in common?
Your refusal, as Americans, to stand and demand that The Rule of Law be restored and honored and that those who refuse to do so be impeached (if in government) and stand trial for their abuses.
I keep hearing people ask when I, or someone else, will “lead” on this issue.
Why do you ask where the leader is?
Do you want a Hitler? You’re going to get one if you keep that shit up.
We the people do not need “leaders” to resolve this.
We all need to personally grow a pair of balls to replace that vacuum between our legs (or nestled in our pelvis where our ovaries are supposed to be.)
We need to get off our fat asses and stop demanding that someone else take care of what is our job as citizens of this nation.
You do not have the right to health care.
You do not have the right to a job.
You do not have the right to go to college.
You do not have the right to a house.
You do not have the right to food.
You do have the right to effort to generate some form of economic activity by your own hand and mind for yourself and those who you have as dependents through your own actions, such as your children (who exist because of your actions – your exercise of the power to create life.) You may then expend the fruits of that economic activity as you see fit because such is your property; you earned it through an honest exchange with another.
You do have the right to life, liberty and the pursuit (but not guarantee of attainment) of happiness. This means that all of the above — every single one of those abuses that have been served upon you — are unlawful.
But those three rights only exist so long as you will stand and defend them. A person is a victim only until he or she gives consent.
Put a different way: The only difference between sex and rape is consent.
As soon as you consent to the frauds and abuses heaped upon you they cease to be frauds and abuses and become part of a sick sado-masochistic ritual you have willingly taken upon yourself.
They remain so until you stand and demand that it stop, backing that demand with whatever defensive force is necessary to stop what has now become rape rather than sex.
It is for that reason that I am an absolutist on where the Second Amendment’s boundaries lie. It is impossible as a matter of logic for me or anyone else to depend on someone else to stop a criminal who intends to take my life or that of those in my care, irrespective of how we would otherwise design such a social system. By definition the first person able and often the only person able to stop such an assault is the victim that the perpetrator intends to assault or kill. It matters not whether the assailant is an individual thug, a pair of thugs, an organized gang or a government agency.
The bottom line is the same; your right to life only exists so long as you are willing and able to defend it.
The same bottom line exists for liberty and the offense against it that is delineated in most of the above list; you have such a right only so long as you are willing to defend it. The minute you cede that right you have consented to what you are experiencing and you lose the right to bitch about it until and unless you stand and take back that which God gave you.
This is basic logic and as soon as you cede basic logic you inevitably lose every other point of argument. In this case when you lose those arguments you risk losing your life and/or liberty; you are literally risking death or enslavement.
Since 2007 I have written on these matters in the economic realm and laid forth arithmetic proving that what has been done is not an accident but rather is a swindle. It is not a new swindle either; it is in fact one of the oldest in the history books, rivaling only prostitution in age. Arithmetic is not subject to debate; you can choose to overlook it but you cannot change it.
Those of you who seek leaders are fools; each of you should lead for yourself and confine that leadership to yourself and your life along with those dependent upon you through acts of your own free choice, enjoying or suffering the consequences of those choices.
Your right to lead in that regard ends as soon as you demand that someone else pay for whatever it is that you want to acquire or suffer as a consequence of your actions and inactions, whether it be food, shelter, education, health care or anything else.
The first principle behind The Declaration is that we are a nation governed by laws, not men, with each such law that is valid and enforceable being able to be tied back all the way to The Declaration through The Constitution.
The Declaration sets forth the reason why although rights are absolute societies organize governments — it is for the purpose of providing a framework of laws to enforce those rights and punish violators. Absent that you have only the law of the jungle, where the individual with the biggest teeth, claws and body mass wins while everything else is food.
That is what you have in the absence of the rule of law, and that is what we have collectively and individually allowed to occur in this country. All of the above has occurred because we have regressed to The Law of the Jungle from The Rule of Law.
We either stop it or we will be consumed by it.
Financial promises made under different conditions and assumptions are null and void, period.
Essayist Eric A. touched on a key theme of the next decade in his two-part series A Brief History of Cycles and Time, Part 1 and Part 2: the political, social and financial dominance of the Baby Boom generation, and the eventual erosion of that dominance.
The promises made to the 76 million baby Boomers cannot be met. It’s really very simple: promises made when the economy was growing by 4% a year and the next generation was roughly double the size of the generation entering retirement cannot be fulfilled in an economy growing 1.5% a year (and only growing at all as the result of massive expansions of public and private debt) in which the generation after the cohort entering retirement is significantly smaller.
Just look at this chart: demographics is destiny, and the so-called Silent Generation (roughly those born 1925 – 1942) currently drawing Social Security and Medicare benefits is somewhere between half and 2/3 the size of the Baby Boom.
Meanwhile, Generation X that follows the Baby Boom is almost half the size of the enormous cohort currently entering retirement. Sorry folks, the numbers don’t add up, no matter how you finesse them: a smaller working population in a low-to-zero growth economy burdened with fast-rising debt cannot fund the pay-as-you-go retirement of 76 million citizens, fully 25% of the entire U.S. population.
(Recall that Social Security, Medicare and all other entitlements are pay-as-you-go. There is no trust fund; the current benefits are paid in full by taxes paid by current workers/taxpayers or by Federal borrowing via the sale of Treasury bonds.)
(The numbers and dates of generations are inexact; the Silent Generation, for example, is assumed to have missed serving in World War II but my father was born in 1926, joined the U.S. Navy in 1944 and was on a LST preparing for the invasion of Japan in early 1945, so this is not true of all Silents. The Baby Boom is typically defined as those born between 1946 and 1964, but many of those born in 1959-64 do not feel they belong to the “earlier” Baby Boom, and so some people divide the Baby Boom into two cohorts, or start Generation X in 1961. The lack of precision does not change the basic demographics.)
Everyone takes the present trend, takes out a ruler and pencil and projects it into the future, as if current trends will continue in a straight line. But they never do; the world is dynamic and trends change and reverse.
I have been surprised by the deep emotions that arise out of our cultural Id when generational characterizations and conflicts are openly discussed. Perhaps this is why these issues and feelings are rarely aired in the mainstream media.
In the free-form blogosphere, these officially inconvenient (i.e. suppressed) emotions are expressed, and these few honest expressions garner large audiences and a great many highly charged comments.
My position on the entitlements promised to the Baby Boomers has been clear since 2005 (Boomers, Prepare to Fall on Your Swords June 2005): demographics, the changing job market and the destructive consequence of financializing the U.S. economy render the entitlements promised (Social Security and Medicare) unpayable.
The current 115 million full-time workers cannot sustainably support the 110 million people currently drawing Social Security and Medicare/Medicaid–and the number of retirees entering these entitlement program will rise by millions in the decade ahead.
This worker-beneficiary ratio (already 1-to-1) will only become more unsustainable as Baby Boomers retire and the forces of The End of Work erode full-time jobs The End of (Paying) Work (January 21, 2009).
The Promises That Cannot Be Kept (July 6, 2011)
That Which is Unsustainable Will Go Away: Medicare (May 16, 2012)
The generation in power has the biggest stake in retaining the status quo.Anything that threatens the status quo threatens their power and all that has been promised to them by the status quo.
As a result, any real reform that reduces entitlements to a sustainable level is politically dead on arrival (DOA). Reform is thus as impossible as paying the promised entitlements.
Though he is often presented as belonging to a new generation, President Obama (born 1961) is a Baby Boomer in age, outlook and politics, accepting the fantasy that 25% of the nation can draw hefty, open-ended benefits from Medicare indefinitely.
The solution is to work backwards from what the current generation of workers can afford to pay, not to work forwards from promises made when things were different. The pool of money that can be skimmed from the productive economy via taxes to pay for national defense, the care of veterans, education, welfare in all its forms, corporate and individual, all the myriad departments of government and Social Security pensions and Medicare is not unlimited. Difficult choices will have to be made, and what was promised decades ago is not the key consideration: what is foremost is the sustainability of the nation as an ongoing concern, which means focusing on the generations coming of age and those shouldering the tax burden going forward.
It is a truism of the entitlement mindset that the greater the entitlements promised and offered, the greater the resentments and self-absorption of the beneficiaries. I have often written about the state of permanent adolescence the Savior State/entitlement mindset engenders:
Our Many Layers of Entitlement (September 29, 2011)
The State, Dependency, Addiction and Reciprocity (September 28, 2010)
Opting Out and the Culture of Entitlement (March 29, 2010)
Entitlements, Taxes, Inequality and Three-Way Class Warfare (September 20, 2010)
Tyranny of the Majority, Corporate Welfare and Complicity (April 9, 2010)
Entitlements and the Federal Deficit (February 5, 2011)
We desperately need an adult discussion focused on reality rather than resentment. The solution will require dismantling open-ended, everyone-deserves-everything Medicare, which will bankrupt the nation itself. The solution is currently “impossible”: The “Impossible” Healthcare Solution: Go Back to Cash (July 29, 2009)
As for pay-as-you-go Social Security, it will have to be means-tested: those drawing thousands of dollars a month in other pensions will have to let go of “what wuz promised” so other Boomers who have only Social Security can receive their full benefit. What exactly is so difficult about that?
I am a Baby Boomer, born 1953, and I hope our generation musters the courage to face reality and the need for re-assessment and adjustment and yes, the word that is tossed around in endless lip-service but avoided in the real world, sacrifice. Anything less will be a generational failure of monumental proportions.
I refuse to burden our children and grandchildren with mountains of debt so I can get the full measure of “what I wuz promised.” Financial promises made under different conditions and assumptions are null and void, period. Reality trumps “what wuz promised” every time.
What nobody dares say is that if the 76 million Boomers press their claims to the point the nation is bankrupted, then the next generations (X and Y) will have to wrest political power from the retirees, not for their own sake but for the sake of the nation and for the generations behind them.
Charles Hugh Smith – Of Two Minds
Generation X, the unlucky cohort of Americans who became young adults during the boom years of the 1990s only to suffer a midlife bust, is facing bleak retirement prospects, according to a study.
The Pew Charitable Trusts said the typical Gen X couple, born between 1966 and 1975, only has enough savings to replace half of its pre-retirement earnings. Married Americans born during the first part of the baby boom, from 1946 to 1955, can expect to retire with about 82 percent of their income. The younger boomers, born between 1956 and 1964, can expect to quit work and make about 59 percent of pre-retirement earnings.
That’s because they blew the damn money.
These are the same people who have incessantly demanded more and more government, more and more control over other people, more and more servicesand at the same time think an iPhone is more important than their retirement savings.
They’re the ones driving new cars every 2 years and pissing away money chasing after the Joneses. They have no sense of reality, especially when it comes to personal responsibility over their lives and bodies. They are the “young people” who pressed for “freedom” – from responsibility.
They’re the ones who flooded the market (and still do!) screaming for cheaper and more debt to buy houses, cars, cellphones and other alleged “badges” of prosperity. They made up the majority of house-flippers, condo resale junkies and the schemers selling the nation on this crap. They made up the majority of the Wall Street junkies pushing the credit heroin through the streets too.
In short many of them were the “I’m gonna get mine and fuck you” generation. Yeah, many of the boomers were responsible for this too; in many ways they’re even more responsible. The sense of entitlement has gotten worse, not better, as you move forward in generational terms.
There are exceptions, of course. I’ve met plenty of people who have had their own personal “Come to Jesus” moment on these matters — who understand that economic surplus is first and foremost personal, and that the premise that someone else (including the collective “someone else” found in government) owes you something makes you their slave, as once you stick your hand out they get to dictate terms.
There’s a certain wry smile that crawls across my face when I run into someone learning that lesson the hard way. But there’s a sadness that goes with it, because the fact of the matter is that until a critical mass of people return to being able to think things through logically and put the effort in to do so the net position of our nation and her people is destined to deteriorate rather than advance.
Ronald Reagan famously said that it was “morning again in America“; unfortunately what he allowed and what we got was a false dawn. Rather than be the stern father who says “Yes, son, it’s morning, and this means you have 12 hours of daylight to bust your ass so after you buy your room for the night and food for your belly there is something left to save and thus invest in a future venture” he allowed Congress to fail to follow through on the bargain he struck and contract the size of government to fit the reduced tax revenues that were passed.
He could have done so but that would have been hard; simply refusing to sign any bills until the promise was kept would have been enough, but it also would have been politically nasty.
It’s easy to be loved when you’re handing out “free money.”
The problem is that you’re living an open and notorious fraud because there is no such thing as free money.
That fraud continues and has been amplified today.
Higher Numbers of Americans Take Their Lives than During the Depths of the Great Depression
Suicide rates are tied to the economy.
The Boston Globe reported in 2011:
A new report issued today by the Centers for Disease Control and Prevention finds that the overall suicide rate rises and falls with the state of the economy — dating all the way back to the Great Depression.
The report, published in the American Journal of Public Health, found that suicide rates increased in times of economic crisis: the Great Depression (1929-1933), the end of the New Deal (1937-1938), the Oil Crisis (1973-1975), and the Double-Dip Recession (1980-1982). Those rates tended to fall during strong economic times — with fast growth and low unemployment — like right after World War II and during the 1990s.
During the depths of the Great Depression, suicide rates in America significantly increased. As the Globe notes:
The largest increase in the US suicide rate occurred during the Great Depression surging from 18 in 100,000 up to 22 in 100,000 …
We’ve previously pointed out that suicide rates have skyrocketed recently:
The number of deaths by suicide has also surpassed car crashes, and many connect the increase in suicides to the downturn in the economy. Around 35,000 Americans kill themselves each year (and more American soldiers die by suicide than combat; the number of veterans committing suicide is astronomical and under-reported). So you’re2,059 times more likely to kill yourself than die at the hand of a terrorist.
NBC News reported in March:
Suicide rates are up alarmingly among middle-aged Americans, according to the latest federal government statistics.
They show a 28 percent rise in suicide rates for people aged 35 to 64 between 1999 and 2010.
In a letter to The Lancet medical journal, scientists from Britain, Hong Kong and United States said an analysis of data from Centers for Disease Control and Prevention indicated that while suicide rates increased slowly between 1999 and 2007, the rate of increase more than quadrupled from 2008 to 2010, Reuters reported.
Earlier this month, NY Daily News wrote:
The Great Recession may have been at the root of a great depression that caused suicides to soar among middle-aged Americans, a government report speculates.
The annual suicide rate for adults ages 35 to 64 spiked in the past decade, according to a study from the U.S. Centers for Disease Control and Prevention.
And a shaky economy that nose-dived into the worst financial crisis since the Depression may be the biggest reason why.
The CDC’s Morbidity and Mortality Weekly Report said the annual suicide rate jumped 28.4% from 1999-2010.
It was the biggest increase of any age group, said the CDC, citing “the recent economic downturn” as one of the “possible contributing factors” for the increase.
“Historically, suicide rates tend to correlate with business cycles, with higher rates observed during times of economic hardship,” the report said.
David Stuckler (a senior research leader in sociology at Oxford), and Sanjay Basu (an assistant professor of medicine and an epidemiologist in the Prevention Research Center at Stanford), write in the New York Times:
The correlation between unemployment and suicide has been observed since the 19th century.
The economic downturn that has shaken Europe for the last three years has also swept away the foundations of once-sturdy lives, leading to an alarming spike in suicide rates. Especially in the most fragile nations like Greece, Ireland and Italy, small-business owners and entrepreneurs are increasingly taking their own lives in a phenomenon some European newspapers have started calling “suicide by economic crisis.”
In Greece, the suicide rate among men increased more than 24 percent from 2007 to 2009, government statistics show. In Ireland during the same period, suicides among men rose more than 16 percent. In Italy, suicides motivated by economic difficulties have increased 52 percent, to 187 in 2010 — the most recent year for which statistics were available — from 123 in 2005.)
Indeed, more Americans are killing themselves today than during the Great Depression. Specifically, there were were 123 million Americans in 1930. The maximum suicide rate during the depths of the Great Depression was 22 out of 100,000 Americans. That means that up to 27,060 Americans killed themselves each year.
In contrast, the U.S. Centers for Disease Control reports that 38,364 Americans committed suicide in 2010. In other words, 2010 suicides were approximately 142% of suicides during the depths of the Great Depression. (The suicide rate is lower today than during the Great Depression, but – given that there aremore Americans – there are more suicides each year.)
The head of my local county’s mental health services confirmed to me today that there are now more suicides now than during the Great Depression.
The Root Causes: Unemployment and Foreclosure
Why do more people kill themselves during severe downturns? It’s not just a downturn in the business cycle in some general sense. It’s more specific than that.
Unemployment and foreclosure are the largest triggers in increased suicide risk.
David Stuckler and Sanjay Basu write:
People looking for work are about twice as likely to end their lives as those who have jobs.
Unemployment is a leading cause of depression, anxiety, alcoholism and suicidal thinking.
ABC News points out:
“Joblessness is a risk factor for suicide,” said Nadine Kaslow, professor of psychology in the Department of Psychiatry and Behavioral Sciences at Emory University in Atlanta. “The stress is just overwhelming. … People are freaked out.”
“The suicide rate started accelerating in 2008, 2009 and 2010 — someone might still be working, but their house is underwater, or they’re working but they’re working part-time,” Eric Caine, the director of the CDC’s Injury Control Research Center for Suicide Prevention, said by telephone. “These things ripple into families. There’s an economic stress.”
NY Daily News writes:
“Most people who commit suicide tend to suffer from major depression, and this vulnerability tends to be brought forth by very stressful situations like losing one’s home or job,” [Dr. Dan Iosifescu, director of mood and anxiety disorders program at Mount Sinai Hospita] said.
NBC News reports:
The American Association for Suicidology says economic recessions don’t normally affect suicide rates.
“Although US suicide rates did increase slightly during the years of the Great Depression, reaching a peak rate of 17.4/100,000 in 1933, subsequent US recessions have not been found to lead to increased national rates of suicide in the period of or immediately following each recession,” the group says.
The latest numbers suggest suicide rates for middle-aged Americans now surpass the peak during the Depression. And there’s another possible explanation.
“There is a clear and direct relationship between rates of unemployment and suicide,” the suicidology group says in its statement.
“The peak rate of suicide in 1933 occurred one year after the total US unemployment rate reached 25 percent of the labor force. Similar findings have been documented internationally. At the individual level, unemployed individuals have between two and four times the suicide rate of those employed.”
The group also raises concern about the home foreclosure rate.
Indeed, it is likely that more people have lost their jobs during this “Great Recession” than during the Great Depression … especially when you look at the masses of people who have given up altogether and dropped out of the work force.
And it is possible that more people have lost their homes through foreclosure than during the Great Depression as well.
No wonder there are so many suicides …
Postscript: If you suffer from depression, this may help.
What happens when you sit back silently and allow criminal behavior to go unpunished?
Tea Party leaders refused to accept an apology from the IRS Friday in which the agency acknowledged that it inappropriately flagged conservative groups for additional review during the 2012 election to see if they were violating their tax-exempt status.
Jenny Beth Martin, national coordinator for Tea Party Patriots, said she wants to see resignations over what she called the “disturbing, illegal and outrageous abuse of government power.”
How about some fucking indictments?
“The House will investigate”, says Cantor. Sure it will. Like it has investigated Benghazi? Even after acknowledging that the narrative given the people was an utter fiction we’re still pussyfooting around that issue and the dead Americans it produced.
Further, the IRS originally lied in that it claimed there was no such targeting. Just like the FBI lied when they said they had no contact with the Boston Bombers, and it was only when their families disclosed to the media irrefutable evidence that the FBI was bullshitting did they come clean.
Rep. Darrell Issa, R-Calif., said “the fact that Americans were targeted by the IRS because of their political beliefs is unconscionable.”
No Darrell, it’s unconstitutional and thus unlawful.
Just like bilking people with hinky deals on mortgage bonds is illegal — that’s criminal fraud.
It is also unlawful to back-date deposits so as to make a bank look more sound than it is. People lost real money because of that scam and the agency involved, the OTS, had people who did it previously during the S&L crisis. Not only were they not prosecuted that time they weren’t prosecuted this time either.
Unlawful bill collection tactics are, as the name implies, illegal.
So is filing knowingly perjured documents in courtrooms to take people’s houses, which happened over 100,000 admitted times.
So is money laundering in the hundreds of millions of dollars for drug gangs by American banks.
So is knowingly allowing the delivery of thousands of guns to drug runners who intend to, and do, deliver them across the border into Mexico for the purpose of murdering people.
Instead of prosecuting any of this you Darrell, along with Boehner and the rest of you clowns allow The Fed and Treasury to reward the banksters who did this, screwing the American public blind, letting them get shot with guns provided by the government and paid for with laundered money run by the very same banksters — and exactly none of the people responsible for any of this crap have gone to jail.
WHERE ARE THE DAMNED INDICTMENTS ALONG WITH BILLS OF CONTEMPT AND IMPEACHMENT?