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Old 01-11-2019, 05:11 AM
Danny B Danny B is offline
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Join Date: Oct 2012
Location: L.A. Ca.
Posts: 4,281
Corporatocracy + the State + unfettered predators

The State has embedded itself so deeply into Society that we are led to believe that they are one and the same. Since the State is a non-producer, it must be a parasite on society. But, since the State is nominally our protector, we suffer the parasitism in silence. The State ,putatively attempts to organize society for the protection of society. But, just having this power leads the State to concentrate on protecting itself.

"aces the same quandary as billions of people who are subjugated by governments: they need protection from their protection rackets. The protector has dropped all pretence of protection and has become a predator.
When the Soviet Union conducted its first successful atomic bomb test on August 29, 1949, it undercut the protection-racket rationale for governments. No one realized it at the time, but how can you run a protection racket if you can’t protect those you’re purportedly protecting from annihilation?
when the Soviets detonated their first hydrogen bomb, it was clear that all either the Soviet or American government could offer its people was assured destruction of the other side, and most likely their own, in the event of an attack.

Of course neither governments’ rhetoric changed from the historical protection-racket justification. They said that escalating budgets for defense and intelligence, foreign intervention, and skullduggery were necessary to protect their people from the other side.
However, that fear has a rational basis, it can never be vanquished. Instead, it provides the political impetus and cover for governments to do what they do best: predation.

If such predation wasn’t immediately obvious to the general populace, it was to the predators. Commentators have noted that government attracts sociopaths and psychopaths. Is that just hyperbole? Government in the age of predatory theft is a gun trained on the subjugated. Why wouldn’t it attract predatory people? A desire to be on the business end of the gun qualifies that person for a diagnosis as a sociopath, at the least.
It’s been obscured by the predatory mechanisms of debt and central banking, designed to enrich elite predators while maintaining a mirage of prosperity. The global economy is in extremis, kept alive by a drip feed of ever-expanding debt whose source feed is government’s unbacked fiat debt and central bank monetization. Now, not even those shell games can keep the patient alive.
The writing is on the wall for governments’ predatory rackets: nonstop wars, bloated military and intelligence complexes, crony socialism, central banking, medical care, education, regulatory extortion, vote-buying via redistributive theft, unfunded pension and medical promises, and the rest of the criminal activity that has rendered the world insolvent.

"Instead, it’s their realization that notwithstanding the fake money and debt mirage, they are growing poorer, opportunities are shrinking, and eventually they’ll be destitute and then dead.
" What scares the hell out of not just the French establishment, but establishments around the world, is that Yellow Vest rage is directed at Government, not just France’s, but the European Union as well."
When you’re broke, you’ve got nothing to lose. If poverty or its prospect, and perceived injustice, prime insurrections, then we ain’t seen nothing yet. The global house-of-cards economy is collapsing in on itself.
Which is why the predatory class is obsessed with firearms control and prohibition. Torches and pitchforks are one thing, pistols, rifles, and more powerful armaments available on the black market, another. Predators prey on the weak and defenseless; they’re cowards. Fear that they could find themselves on the wrong end of the barrel motivates their ceaseless efforts against private possession of firearms―but not governments’.
"Alarmingly, it means that the sheep have identified their predators and abandoned their passivity. Governments, the most well-armed and dangerous institutions on the planet, moving against firearms are the wolves taking the sheep’s shovels and stakes."

The Predator State, " The title refers to how in US society, as Galbraith sees it, public institutions have been subverted to serve private profit: the "predators" being corporate elites. He argues that these corporate interests run the state "not for any ideological project—but simply in a way that would bring to them, individually and as a group, the most money.”[1]
For him, the Katrina disaster was a defining failure of the political system, since a political hostility to the public sector had inspired the degradation (or selling off) of publicly owned emergency services. Writing a preface for the paperback edition, which came out after the 2008 crash, Galbraith blamed the ongoing crisis on deregulation which, in the name of free markets, had left the financial predators to police themselves.[3]

Keep in mind that your social security money was taken to foment wars-for-profit all over the world

"This graph is a very typical display of the predator/prey relationship. It comes from a study on rabbits and coyotes, but the relationship is the same for all predator/prey tandems, from tiny parasites and their hosts to lions and antelopes. The predators always overfeed until the prey can no longer sustain them, then most of them die and the rest wait for the prey to replenish themselves."
"Humans are intelligent beings, so the predators must use mental strategies more than physical strategies. The effective rule of humans must focus on their minds more than their bodies; unsupported physical domination is too difficult and expensive. This is why legitimacy matters so much in human governance.

The interesting thing about our current situation is that the rulers of the West retain their overwhelming power, but their legitimacy rests on a number of fragile structures. When one or two of them fail, the others may go down with them. And if this happens, the current system of rulership will not be rebuilt as it is now. What comes next may be better or may be worse, but it will not be the same."
Rulership is an exercise in skimming. Think of your own interactions with your government – the primary exchange is that they take some of your production.

"Today, the signature of modern American capitalism is neither benign competition, nor class struggle, nor an inclusive middle-class utopia. Instead, predation has become the dominant feature—a system wherein the rich have come to feast on decaying systems built for the middle class. The predatory class is not the whole of the wealthy; it may be opposed by many others of similar wealth. But it is the defining feature, the leading force. And its agents are in full control of the government under which we live."
They include the misanthropes who led the campaign to abolish the estate tax; Charles Schwab, who suggested the dividend tax cut of 2003; the “Benedict Arnold” companies who move their taxable income offshore; and the financial institutions behind last year’s bankruptcy bill. Everywhere you look, public decisions yield gains to specific private entities.

For in a predatory regime, nothing is done for public reasons. Indeed, the men in charge do not recognize that “public purposes” exist. They have friends, and enemies, and as for the rest—we’re the prey. Hurricane Katrina illustrated this perfectly, as Halliburton scooped up contracts and Bush hamstrung Kathleen Blanco, the Democratic governor of Louisiana.
In a predatory economy, the rules imagined by the law and economics crowd don’t apply. There’s no market discipline. Predators compete not by following the rules but by breaking them. They take the business-school view of law: Rules are not designed to guide behavior but laid down to define the limits of unpunished conduct.
A predatory economy is criminogenic: It fosters and rewards criminal behavior.

But, as with Enron, Tyco, and WorldCom, at every major S&L control fraud was protected by clean audits from top accountants: You hire the top firm to get the clean opinion. Moral hazard theory shifts the blame for financial collapse to the incentives implicit in insurance, but Black shows that the large frauds were nearly all committed in institutions taken over for that purpose by criminal networks, often by big players like Charles Keating, Michael Milken, and Don Dixon. And there’s another thing about predatory institutions. They invariably fail in the end. They fail because they are meant to fail. Predators suck the life from the businesses they command, concealing the fact for as long as possible behind fraudulent accounting and hugely complex transactions; that’s the looter’s point.
That a government run by people rooted in this culture should also be predatory isn’t surprising—and the link between George H.W. Bush, who led the deregulation of the S&Ls, his son Neil, who ran a corrupt S&L, and Neil’s brother George, for whom Ken Lay sent thugs to Florida in 2000 on the Enron plane, could hardly be any closer.

But if the government is a predator, then it will fail: not merely politically, but in every substantial way. Government will not cope with global warming, or Hurricane Katrina, or Iraq—not because it is incompetent but because it is willfully indifferent to the problem of competence. The questions are, in what ways will the failure hit the population? And what mechanisms survive for calling the predators to account?

Armstrong, "Nobody cares about the people. This is just politics and in the process, this demonstrates that Congress cannot govern anymore. Once we cross January 2020, this will grow in undermining the confidence in the government that will ultimately be reflected in the willingness to buy government debt. This Mexican Standoff has a more far-reaching impact for equities and commodities post-2020 than most people contemplate."
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