Democracy Has Departed The West

Democracy Has Departed The West

Authored by Paul Craig Roberts,

Before the West spreads democracy abroad maybe it could get some for itself. The US is an oligarchy in which government is answerable to six powerful private interest groups. In Europe governments are answerable to the EU, Washington, and private bankers and not to their peoples. In the UK the military brass has declared its hold on the reins of power.

Jeremy Corbyn is the first Labourite to lead the Labour Party in a long time. Considering the stupidity and immorality of the Tories, Corbyn could become prime minister of Britain. Should this occur, Corbyn would shift the budget priorities away from supporting Washington’s wars toward refurbishing the social welfare state that made life for ordinary Britishers more secure and less stressful.

A senior serving general of the British army said that the army would not allow the people to “put a maverick in charge of the country’s security. The Army just wouldn’t stand for it and would use whatever means possible, fair or foul, to prevent that.”

In other words, a democratic outcome unacceptable to the English military will be overthrown. Just like in Egypt.

Here we have the incongruity of Washington and London bringing democracy to others through what Vladimir Putin calls “airstrike democracy,” while tolerating a democracy deficit themselves. The safest conclusion is that democracy is a cloak for an aggressive agenda, not a value in itself to the US and UK elites, who rule and who intend to continue to rule these countries for their personal benefit.

Jonathan Cook reports that the use of “whatever means possible, fair or foul,” against Labour prime ministers who actually stood for the people rather than for the elites is not unique to Corbyn. Labour Prime Minister Harald Wilson faced similar pressure and resigned. 

As far as I can tell, not only has democracy departed the Western world, but also compassion, empathy for others, morality, integrity, respect for truth, justice, faithfulness, and self-respect.Western civilization has become a hollow shell. There is nothing left but greed and coercion and the threat of coercion. When I read—hopefully incorrect reports—that Russia’s President Putin desires to be a partner of the West, I wonder why such a powerful country, which has emerged into light out of darkness, wants to be Satan’s partner. I assume that the reports are untrue or that Putin is acting in the interest of humankind to defuse the dangerous situation created by Washington and its NATO sock puppets.

Russia should not forget the courageous speech that Venezuelan President Hugo Chavez gave to the UN on September 20, 2006. Standing at the podium, Chavez said that on the previous day George W. Bush stood here, “Satan himself, speaking as if he owned the world. You can still smell the sulfur.” The purpose of America, Chavez said, is “to preserve the pattern of domination, exploitation and pillage of the peoples of the world.”

Chavez’s words were too much truth for US politicians. Nancy Pelosi, the multimillionaire Speaker of the US House of Representatives, said that such a speech was to be expected from an “everyday thug.”

Elsewhere the response was different. Rafael Correa, currently President of Ecuador, said that Chavez had insulted Satan, because although Satan is evil like Washington, he is al least intelligent, and Washington is completely stupid.

The Western World is on its last legs. Unemployment is horrendous for European and American youth—primarily for the educated. Young American women, driven by student debt, advertise on Internet sites for “sugar daddies” to whom they will supply sex for financial support. The easy answer—“education is the solution”— is a lie. Ph.Ds cannot get jobs, because university budgets are cut in order to save money for wars and bank bailouts and 75% of the remaining budget is used by administrations to pay themselves large salaries and perks. NYU, for example, provides its higher administrative personnel with expensive summer homes. University presidents in America have multimillion dollar incomes, while the students drown in debt.

The Wall Street Mentality—unlimited Greed—has taken over American life, and this greed has been exported to Europe, which had achieved a sharing relationship between labor and capital.Today Europe, like the US, is an opportunity wasteland for the young. Greece has been sacrificed for the private bankers, and Italy, Spain, and Portugal are waiting in the wings. In the place of independent European countries, a fascist centralized authority is rising.

As millions of refugees from Washington and its NATO enablers’ wars seek refuge in Europe, budgets for social welfare are further pressed.

In recent years we have witnessed that private bankers acting through the EU were able to appoint the governments of the allegedly democratic governments of Greece and Italy.

In the Western World the aristocracy of wealth is being re-established. If Russia and China join this “partnership,” then billions of peoples will be ruled by a handful of mega-rich elites.

The world is on the knife edge. The West is lost. Russia and China could go down with the West, because both Russia and China suffered tyranny and look to the West for the paths to freedom and liberty. But Western paths lead to “domination, exploitation and pillage of the peoples of the world.”

Will Russia and China participate in the pillage, or will they resist it, standing firm for humanity?

Bankers Jailed In Next Financial Crisis

Bankers Will Be Jailed In The Next Financial Crisis

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

Jesus College, Cambridge hosted, once more, the world’s leading Symposium on Economic Crime, and over 500 distinguished speakers and panelists drawn from the widest possible international fora, gathered to make presentations to the many hundreds of delegates and attendees.

What became very quickly clear this year was the general sense of deep disgust and repugnance that was demonstrated towards the global banking industry.

I can say with some degree of certainty now that a very large number of academics, law enforcement agencies, and financial compliance consultants are now joined, as one, in their total condemnation of significant elements of the global banking sector for their organised criminal activities.

Many banks are widely identified now as nothing more than enterprise criminal organisations, who engage in widespread criminal practice and dishonest conduct as a matter of course and deliberate commercial policy.

– From the excellent article: The Banking Criminals Exposed

My prediction is that bankers will be jailed in the next economic/financial crisis. Lots and lots of bankers.

It may seem to many that those working within this profession will remain above the law indefinitely in light of the lack of any accountability whatsoever since the collapse of 2008. It may seem that way, but extrapolating this trend into the future is to ignore a monumentally changed political environment around the world. From the ascendancy of Donald Trump and Bernie Sanders here in the U.S., to Jeremy Corbyn becoming Labour leader in the UK, big changes are certainly afoot.

I have become convinced of this change for a little while now, but we won’t really see evidence of it until the next collapse. However, something I read earlier today really brought the point home for me. Rowan Bosworth-Davies recently attended the 33rd Cambridge International Symposium on Economic Crime and provided us with some notes in an excellent piece titled, The Banking Criminals Exposed. Here are a few excerpts:

Jesus College, Cambridge hosted, once more, the world’s leading Symposium on Economic Crime, and over 500 distinguished speakers and panelists drawn from the widest possible international fora, gathered to make presentations to the many hundreds of delegates and attendees.

This Symposium has indeed become an icon among other international gatherings of its knd and over the years, it has proved to be highly influential in the driving and development of international policy aimed at combating international financial and economic crime.

What became very quickly clear this year was the general sense of deep disgust and repugnance that was demonstrated towards the global banking industry.

I can say with some degree of certainty now that a very large number of academics, law enforcement agencies, and financial compliance consultants are now joined, as one, in their total condemnation of significant elements of the global banking sector for their organised criminal activities.

Many banks are widely identified now as nothing more than enterprise criminal organisations, who engage in widespread criminal practice and dishonest conduct as a matter of course and deliberate commercial policy.

Speaker after speaker addressed the implications of the scandalous level of PPI fraud, whose repayment and compensation schedules now run into billions of pounds.

Some speakers struggled with the definition of such activity as ‘Mis-selling’ and needed to be advised that what they were describing was an institutionalized level of organised financial crimes involving fraud, false accounting, forgery and other offenses involving acts of misrepresentation and deceit.

One of the side issues which came out of this and other debates, was the general and genuine sense of bewilderment that management in these institutions concerned, (and very few banks and financial houses have escaped censure for this dishonest practice) have walked away from this orgy of criminal antics, completely unscathed. The protestations from management that these dishonest acts were carried out by a few rogue elements, holds no water and cannot be justified.

In the end, I sat there, open-mouthed while evidence against the same old usual scum-bag financial institutions, was unrolled, and a lengthy list of agencies, all apparently dedicated to dealing with fraud and financial crime, lamely sought to explain why they were powerless to help these victims.

This was followed by a lengthy list of names of major law firms, and Big 5 accounting firms who were willing to join with these pariah banks to bring complex and expensive legal actions against these victims, bankrupting them, forcing them from their homes, repossessing properties they had worked for years to create, while all the time, the regulators and the other agencies, including to my shame and regret, certain spineless police forces, stood by and sought to justify their inaction.

At one stage, we were shown how banks ritually and deliberately take transcripts of telephone calls made between complainants and the bank, and deliberately and systematically go through these conversations, re-editing them and reproducing them in a format which is much more favourable to the bank.

For the first time, I found routine agreement among delegates that the banking industry had become synonymous with organised crime. Many otherwise more conservative attendees expressed their grave concern and their repugnance at the way in which so many of our most famous banking names were now behaving. It is becoming very much harder to believe that the banks will be able to rely on the routine support they have traditionally enjoyed from most ordinary members of the public.

The election of Jeremy Corbyn to the leadership of the labour Party means that banking crime and financial fraud will now become an electoral issue.

But now, the new Labour leadership will focus the attention of the electorate on the relationship between the Tory party and their very crooked friends in the City, and the degree of protection that the Square Mile gangsters and their Consiglieri, their Capos, and their Godfathers will become much more identifiable. Bank crime will now become much more identifiable as a City practice and their friends in the Tories will be seen as being primary beneficiaries.

Things are moving in the direction of justice. At a glacial place for sure, but moving they are.