Stately Behavior: The Only Recourse for Poor Judgement
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Guest post from Wil Martindale of Let Them Fail.
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The curious combination of the Justice Department’s misguided litigation against Arizona, and it’s failure to prosecute the Black Panther voter intimidation and incitement case, has really done its work to expose the poor judgement of this administration. Other States are seeing the lines being drawn and choosing sides, a trend we predict will continue to grow.
What will begin happening next is that States will begin to fortify the walls between the imposing Federal government and the sovereignty of their people. As States “re-learn” their independence, and begin to protect themselves from the reach of globalism, they will gradually understand that it is an economic firewall which they need to erect first.
Sensible economists in the alternative media have done their job well. The working class now realizes that they are being robbed so that international casino’s can pad their balance sheets with fraudulent “assets”. Workers are funding a criminal Ponzi scheme of guaranteed incomes that do not exist anywhere but on the balance sheets of a bank’s collateralized debt obligations. Those securitized obligations are worthless, but taxable workers are bailing out the real dollar difference between that inflated fantasy-wealth and the reality that there is no job, no income, and no wealth there at all–just accounting chicanery which props up stock values and funds bonus payouts.
Homeowners property values have dropped by trillions of dollars around the world, but those who are still employed are not only making the mortgage payments, but they are bailing out the vast difference between fraudulently inflated values and real market value–so that banks can monetize these worthless mortgage backed securities on their balance sheets, claim the collateral and debt to be worth 100′s of times it’s real value, pretend their operations are profitable, and payout huge bonuses. If captured governments weren’t taxing the working class to fuel these artificial bubbles, the bailout banks would be treated as they really are – hopelessly insolvent. And if central banking “partners in crime” weren’t funding this risk-free speculation with 0% interest fiat currencies, there’d be no global debt bubble to fuel.
States are beginning to realize that they need to draw a hard line between this administration’s poor judgement, its embrace of global corporate fascism, and its misguided progressive ideologies, as the only recourse to protect their citizens. And States will gradually understand that they need to draw an even harder line between what’s left of their own sovereign economies, and the poisoned global economy that the Federal government is bailing out.
When these necessary firewalls are erected, and the States become economically independent, then when the Federal government comes forth to fine and tax, and otherwise penalize the working class citizens to pay down all that fraudulent global debt, the States then can say–”We repudiate that debt; we didn’t participate in those programs; we didn’t take your dirty money and so our citizens will not be held accountable for your poor judgement.”
Citizens of Florida are NOT paying “their fair share” to prop up inflated property values in Spain to make good on the speculative bets of Spanish banks, and citizens of California are not paying “their fair share” to prop up Greek securities so that the Euro can remain strong. We never signed up for that, and we don’t want any part of it. If that’s what our Federal government requires of us to be “good global citizens” – to prop up a global Ponzi scheme run by a global banking dictatorship – then States need to represent us and tell the Federal government to stick that up it’s ass, along with its misguided political correctness.
States can repudiate poor judgement if it is the majority will of their people to do so. Opinion polls, and political “push back” indicate that they do; it’s their only recourse here. It will take time, but there is still time to Take Action.
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Jul 19, 2010 at 2:38 AM
Reader Comments (2)
Check out Wil's site:
http://letthemfail.us/
http://dailybail.com/display/Search?searchQuery=martindale&moduleId=4521698