by Tony Cartalucci
Editor’s Note: For more information, please read “Farmers group wants Ireland to follow Iceland and burn the bondholders.”
May 12, 2012 – Across the dominion of the corporate-financiers on Wall Street and in the city of London, the reckless Ponzi schemes destroying the West’s economy and plunging it into an economic depression have left politicians, the bought and paid for servants of corporate-financier hegemony, wringing the public dry to cover losses. In reality, when an enterprise fails because of criminality, incompetence or both, citizens are not demanded to pass the hat around to “bail them out.” They are declared bankrupt, their assets (if they have any) are stripped, often if fraud is involved, executives and board members go to jail, and society attempts to fill the void with sounder enterprises run by more reputable people.
However, when the fraud and failure unfolds amongst the highest levels of corporate-financier power, amongst men who have organized wars that have sent millions to their deaths, overseen social “projects” that have left hundreds of thousands of women forcibly sterilized, and instead of going to jail, are showered with self-aggrandizing awards from institutions of their own creation. This faux-authority, faux-legitimacy has left the people subjected to their machinations with the illusion that they must pay for, heed, follow whatever solutions are then prescribed by the very elite who created the problem in the first place.
Indeed, if we want this current system to continue – it would be wise to follow their instructions to the letter. However, if we are unsatisfied with this system, it is important to not only protest these unjust measures, to refuse absolutely to abide by any of their edicts, but to create and promote our own programs to put society back on the rails of progress and moving forward.
Video: Max Keiser discusses a possible push-back by the Irish people against debt that isn’t theirs.
Iceland was one of the first nations during the latest round of global financier manipulation to say “no.” The bankers created the problem, Icelanders said, so the bankers will pay for it, not the Icelandic people. Ireland has followed suit – in the face of a draconian, neo-feudal “house tax” leveled against the Irish – essentially forcing people to pay for the “privilege” of living on their own land, have overwhelming refused to pay it. While it may be “illegal” to say no to the neo-feudal house tax, paid to corporate-financiers who apparently see themselves as neo-lords, it is certainly not wrong. It is wrong, in fact, to heed to unjust laws created by self-serving minorities at the expense ($130 USD per home) of the majority.