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Time for change's Journal
Posted by Time for change in General Discussion
Fri Mar 28th 2008, 10:18 PM
To believe that we as a nation have to protect the wealthy from their failures in order to enjoy a stable economy just seems to me like the epitome of foolishness. How much extreme income inequality, joblessness and poverty does our nation have to ex
As I write the title to this post I imagine some corporate “journalist” reading it and a tape starting to play in his or her mind, saying “Uh oh, conspiracy theorist alert!”

The term “conspiracy theorist” is what the gatekeepers of the status quo use to connect in people’s minds those who are skeptical of so-called “conventional wisdom” with “left wing lunatics”. Here is the formula that everyone must be made to understand:

Skepticism of conventional wisdom = conspiracy theorist = left wing lunatic.

I wouldn’t ordinarily consider the term “conspiracy theorist” to be offensive, if it wasn’t uttered with such contempt and used to imply that I am a lunatic. By the plain English meaning of the phrase, all it refers to is someone who thinks seriously about conspiracies. Anyone who doesn’t recognize that the history of the world is filled with conspiracies of major importance hasn’t read much history. Any American who doesn’t recognize that U.S. history is filled with conspiracies of major importance simply isn’t paying much attention.

Consider just our overthrow of the governments of sovereign nations, for example. Beginning in 1893, we overthrew, helped to overthrow, or went to war against the legitimate governments of dozens of sovereign nations, including Hawaii (1893), Cuba (1898), Puerto Rico (1898), the Philippines (1899-1902), Nicaragua (1909), Honduras (1912), Iran (1953), Guatemala (1954), Indonesia (1965), Vietnam (1961-73), Chile (1973), Panama (1989), and Iraq (2003-???). And William Blum writes in “A Concise History of US Global Interventions, 1945 to the Present”, about United States intervention in 11 different Latin American countries during the Cold War.

I note the above as an introduction to this discussion of the Federal Reserve because I want to explain why I am skeptical of “conventional wisdom”. Each of the above noted events were either secret at the time they were carried out, or they were justified with lies. Though they are now so well documented by historians that they cannot be refuted, anyone who would have tried to discuss them at the time they were carried out would have been castigated for lack of patriotism and branded a “conspiracy theorist”.

My point then is that people who are skeptical of “conventional wisdom” are generally not lunatics – they are usually simply independent minded people who have been around long enough and who have paid enough attention to know that “conventional wisdom” should not be automatically accepted as reality.


What is the purpose of the Federal Reserve?

I’m not an economist, I don’t know much about economics, and I’ve generally found reading on the subject to be dry, boring and very difficult to understand. Nevertheless I recently started reading “The Creature from Jekyll Island – A Second Look at the Federal Reserve”, by Edward Griffin, because it was highly recommended to me by a fellow DUer, Larry Ogg.

Griffin describes the Federal Reserve as a cartel of private banks – meaning a group of banks joined together in order to maximize profits by reducing competition through the creation of a monopoly. In the case of the Federal Reserve, that particular cartel was legalized in 1913 with the enactment of the Federal Reserve Act of 1913. Of course the U.S. public wouldn’t consciously enable the creation of a legalized cartel. So the real purpose of the Federal Reserve System had to be disguised with a purported purpose. Griffin explains the concept like this:

To cover the fact that a central bank is merely a cartel which has been legalized, its proponents had to lay down a thick smoke screen of technical jargon focusing always on how it would supposedly benefit commerce, the public, and the nation; how it would lower interest rates, provide funding for needed industrial projects, and prevent panics in the economy. There was not the slightest glimmer that, underneath it all, was a master plan which was designed from top to bottom to serve private interests at the expense of the public.


The origins of the Federal Reserve System

Griffin describes the idea for the Federal Reserve System as originating in a highly secret meeting of seven of the wealthiest men in the world, taking place at Jekyll Island, off the coast of Georgia in 1910. The seven men included one of our nation’s most powerful U.S. Senators, Nelson Aldrich, and six bankers. He uses several sources to document the highly secret nature of the meeting, including an article written by one of its participants, Frank Vanderlip, 22 years after the passage of the Federal Reserve Act:

I do not feel it is any exaggeration to speak of our secret expedition to Jekyll Island as the occasion of the actual conception of what eventually became the Federal Reserve System… We were told to leave our last names behind us… We were instructed to come one at a time… where Senator Aldrich’s private rail car would be in readiness…

It was the names of all printed together that would have made our mysterious journey significant in Washington, in Wall Street, even in London. Discovery, we knew, simply must not happen, or else all our time and effort would be wasted. If it were to be exposed publicly that our particular group had got together and written a banking bill, that bill would have no chance whatever of passage in Congress.


A brief summary of how the System works

Griffin goes into great detail as to how the system works, and I’ll skip the great majority of that. This is how he summarizes the plan that emerged from the Jekyll Island meeting:

What emerged was a cartel agreement with five objectives: 1) stop the growing competition from the nation’s newer banks; 2) obtain a franchise to create money out of nothing for the purpose of lending; 3) get control of the reserves of all banks so that the more reckless ones would not be exposed to currency drains and bank runs; 4) get the taxpayer to pick up the cartel’s inevitable losses; 5) and convince Congress that the purpose was to protect the public.

Griffin explains objective # 4 in a chapter titled “The Name of the Game is Bailout”:

A primary objective of that cartel was to involve the federal government as an agent for shifting the inevitable losses from the owners of those banks to the taxpayers. That of course is one of the more controversial assertions made in this book. Yet, there is little room for any other interpretation when one confronts the massive evidence of history since the System was created.

He provides numerous examples of how this has worked. One of the most striking examples was the failure of Continental Illinois, our nation’s 7th largest bank, when it failed in 1982. Griffin describes how its irresponsible policies led to huge profits even as the stage was being set for a massive failure. He describes the details of the failure, and then:

This was the golden moment… Without government intervention, Continental would have collapsed, its stockholders would have been wiped out, depositors would have been badly damaged, and the financial world would have learned that banks not only have to talk about prudent management, they actually have to adopt it. Future banking practices would have been severely altered, and the long-term economic benefit to the nation would have been enormous. But with government intervention, the discipline of a free market is suspended, and the cost of failure or fraud is passed to the taxpayers… Banks can operate recklessly and fraudulently with the knowledge that their political partners in government will come to their rescue when they get in trouble…

The final bailout package was a whopper. Basically, the government took over Continental Illinois and assumed all of its losses ($4.5 billion).

Doesn’t this sound eerily familiar to the recent Federal Reserve actions with regard to Bear Sterns?

Even as the Bush administration insists it won't risk public funds in a bailout, American taxpayers may already be liable for billions of dollars stemming from Federal Reserve and Treasury efforts to quell a financial crisis.

History suggests the Fed may not recover some of the almost $30 billion investment in illiquid mortgage securities it received from Bear Stearns Cos., said Joe Mason, a Drexel University professor who has written on banking crises….


The record of the Federal Reserve System

If the Federal Reserve System really does serve the purpose of stabilizing our economy then one should be able to point to evidence of that. At least that’s what a “conspiracy theorist”… I mean a skeptic would say.

Griffin summarizes the record of the Federal Reserve System in stabilizing our economy:

Since its inception, it has presided over the crashes of 1921 and 1929; the Great Depression of ’29 to ‘39; recessions in ’53, ’57, ’69, ’75, and ’81; a stock market “Black Monday” in ’87 (Is it just a coincidence that all those depressions and recessions began during Republican presidencies?); and a 1000% inflation….

The consequences of wealth confiscation by the Federal-Reserve mechanism are now upon us. In the current decade (the book was copyrighted in 1994), corporate debt is soaring; personal debt is greater than ever; both business and personal bankruptcies are at an all-time high; banks and savings and loan associations are failing in larger numbers than ever before; interest on the national debt is consuming half of our tax dollars…

Griffin concludes from this:

That is the scorecard 80 years after Federal Reserve was created supposedly to stabilize our economy! There can be no argument that the System has failed in its stated objectives… There has been more than ample opportunity to work out mere procedural flaws. It is not unreasonable to conclude, therefore, that the System has failed, not because it needs a new set of rules or more intelligent directors, but because it is incapable of achieving its stated objectives…. That leads to the question: why is the System incapable of achieving its stated objectives? The painful answer is: those were never its true objectives… It becomes obvious that the System is merely a cartel with a government façade… When there is a conflict between the public interest and the private needs of the cartel – a conflict that arises almost daily – the public will be sacrificed. That is the nature of the beast. It is foolish to expect a cartel to act in any other way….

This view is not encouraged by Establishment institutions and publishers. It has become their apparent mission to convince the American people that the system in not intrinsically flawed.

William Greider, in “Secrets of the Temple”, reaches a similar conclusion:

At the time, the conventional wisdom… was that a government institution would finally harness the “money trust,” disarm its powers, and establish broad democratic control over money and credit… The results were nearly the opposite. The money reforms enacted in 1913, in fact, helped to preserve the status quo… Once the Fed was in operation, the steady diffusion of financial power halted. Wall Street maintained its dominant position – and even enhanced it.


My assessment

As I said above, I’m not an economist, so I am certainly less qualified to evaluate Griffin’s arguments than a lot of other people.

What about the record of Federal Reserve System failures that Griffin speaks of? Well, I presume that those who defend the Federal Reserve System would say that our economic history would have been worse without the System, and that it was worse before the System was initiated in 1913. I have no way of evaluating that. So I can’t prove to myself that Griffin is right. But as for those who would claim that we would be worse off without the Federal Reserve Act, I would expect them to be able to offer some proof of that, or at least some strong evidence in favor of that statement. In the absence of such evidence why should we have a system that requires our federal government to bail out wealthy banks when they get into trouble?

When large wealthy banks are on the verge of failure, they generally lobby the federal government to bail them out by claiming that if they fail our economy will suffer grave damage, there will be millions of unemployed, etc. etc. etc. Does it seem reasonable that banks would make such claims if they weren’t true? …. Ok, forget I said that.

The main reason I’m inclined to believe that Griffin’s account is right on the money for the most part, other than the fact that his book is extremely well written and meticulously documented with relatively easy to understand examples, is this: The idea that our government giving billions of dollars to super wealthy corporations because of their failures somehow serves to stabilize our economy is…. well…. It sounds so similar to Reagan’s theory of “trickle down economics” or John McCain’s economic stimulus plan of cutting the corporate tax rate from 35% to 25%, claiming that such a tax cut is “essential to U.S. competitiveness”, “will expand the U.S. economy, creating jobs and opportunities for prosperity”, and “lead to higher wages”. To believe that kind of stuff is almost in the same category as believing the Republican assertion that taxing inheritances even beyond $2 million is necessary to prevent ordinary families from going bankrupt.

To believe that we as a nation have to protect the wealthy from their failures in order to enjoy a stable economy just seems to me like the epitome of foolishness. How much extreme income inequality, joblessness and poverty does our nation have to experience before we wake up and realize what’s going on?
Discuss (112 comments) | Recommend (+65 votes)
U.S. Democracy in Crisis
Time for change


The Democratic Underground was born on one of the worst days in U.S history – The day that the worst President in U.S. history took office.

Now, here we are 8 years later, and we’ve managed to remove that cancer from our nation and replace it with something much better. Notwithstanding my many ambivalent feelings towards President Obama, I have no doubt that he will be infinitely better for our country than his predecessor.

Yet despite that, our country has been terribly scarred from the events of the past eight years, and it continues to suffer from all of the root problems that brought us the worst President in our history in 2000 and 2004. Therefore, it is worth taking a look at the root problems that brought us to this sorry state of affairs.


MAJOR IMPEDIMENTS TO DEMOCRACY IN THE UNITED STATES

One thing that we must keep in mind when considering our current problems is that they are not new. They were greatly exacerbated by eight years of Bush administration misrule, but they did not start with George W. Bush and Dick Cheney.


Money in politics

All but the most naïve of the American citizenry know that the wealthy and powerful in our country routinely influence our local and national elections through huge campaign contributions. And they also know that they are generally well rewarded for their “contributions”. And they also know that bribery is presumably against the law in our country. Yet, on the rare occasion that our politicians are actually accused of bribery, our news media makes a great big deal over it, as if bribery is actually a rare event in American politics.

The end result is that a great many of our politicians do everything they can to make their wealthiest constituents happy with them, at the expense of everyone else. They do that with the knowledge that the voters they lose in doing so will be more than compensated for by the disinformation that will be paid for by their wealthiest constituents. I discuss this situation in more detail here, here, and here.

There are a few dots to connect here, but any reasonable assessment of American politics tells us that bribery is routinely used to buy and sell elections in our country. So routine is it that it is actually built into our system and legalized. But that fact is never overtly spoken of. To do so would imply that our system of government is as much or more an aristocracy than it is a democracy.

Bill Moyers, in his book “Moyers on Democracy”, explains the situation bluntly:

We have lost the ability to call the most basic transaction by its right name. If a baseball player stepping up to home plate were to lean over and hand the umpire a wad of bills before he called the pitch, we’d call that a bribe. But when a real estate developer buys his way into the White House and gets a favorable government ruling that wouldn’t be available to you or me, what do we call that? A “campaign contribution”.

Let’s call it what it is: a bribe.

The legality of contributing money to political candidates, with the implicit (though not explicit) understanding that that money will buy political favoritism, has been defended by both our courts and our Congress by sanctimoniously pointing to the free speech provisions in the First Amendment to our Constitution and claiming that money is speech. But the absurdity of that contention should be obvious to anyone with some primary school education. Speech is of value from a political standpoint (or any other standpoint) only when it is heard. But if one billionaire has one thousand times as much opportunity to speak through a medium which reaches millions than several thousand other people added together, the speech of that one billionaire will drown out the speech of most other people, thereby interfering with their right to free speech.


Election fraud

Electronic vote switching with DRE (direct-recording electronic) machines poses a great danger to the integrity of our election system – by virtue of its ability to switch a voter’s vote without being noticed by the voter. In other words, someone tries to vote for John Kerry, and the machine registers a vote for George Bush instead. What makes matters worse is that many or most of these machines don’t even produce a piece of paper with the vote on it, which can then later be used for a recount. So, if fraud is suspected there is no recourse. And worse yet is the fact that most of these machines use proprietary (secret) code to determine who the voter voted for.

We know for a fact that vote-switching occurred in the 2004 election. One study, based on voter reports to the national Electronic Incident Reporting System (EIRS), showed that vote switching incidents favored Bush over Kerry by a ratio of 12 to 1 nationally. A similar study showed that these vote switching incidents that favored Bush were 9 times as common in the heavily contested “swing states” than in non-swing states. To make the point that the EIRS reports represent only a small fraction of actual Election Day problems, an investigation by the Washington Post identified about 25 electronic voting machines in Youngstown, Mahoning County, Ohio, that were said to have been switching votes all day long. Yet only eight incidents of this nature from Mahoning County (all in favor of Bush) were reported to EIRS that day.

Clint Curtis, a computer programmer working in Florida prior to the 2004 election, testified before the Democratic staff of the House Judiciary Committee that he was requested in 2000 by his boss (at the request of a high level Republican operative, Tom Feeney) to “develop a prototype of a voting program that could alter the vote tabulation in an election and be undetectable”. Curtis’ testimony was followed by the death of Raymond Lemme, who while investigating Curtis’ allegations was found dead in a Georgia hotel room, just a couple weeks after telling Curtis that he had traced the corruption “all the way to the top”,

Another type of election fraud is the illegal purging of registered voters from the voter rolls. Like vote switching, the increasing computerization of voter registration is no doubt making it much easier to perpetrate this type of fraud on a mass basis.

This article describes a great deal of evidence that voter registration fraud played a major role in the 2004 presidential election, and in fact was probably the deciding factor in Ohio, which gave George Bush his electoral victory. Similarly, although the 2000 presidential election was stolen by a variety of means, voter registration fraud was quantitatively the most important method used. In 2000, the Florida Governor’s office used a computer program to purge tens of thousands of mostly black and Democratic voters.

There are many other means of election fraud that have been used in our country to destabilize our democracy. I discuss this issue in more detail, along with means for preventing election fraud, in this post.


Our corporate news media

If cash donated to their political campaigns is not enough to carry them through to victory, and if election fraud doesn’t happen to play a significant role, the corporate news media serves as another valuable tool for those seeking to sabotage our democracy. This problem overlaps with the role of money in politics, since those who own and control the corporate media are uniformly wealthy, and since it was their money that led to the acts that enabled our corporate media to become what it is today – Ronald Reagan’s veto of Democratic legislation to enforce the Fairness Doctrine in 1987, and the Telecommunications Act of 1996. This legislation allowed the monopoly consolidation of our news media to the point where today it is controlled by a very small number of extremely wealthy individuals.

Several excellent books have been written about the extent to which wealthy corporate interests control our news media today. I would highly recommend “Lapdogs – How the Press rolled Over for Bush”, by Eric Boehlert, “What Liberal Media – The Truth About BIAS and the News”, by Eric Alterman, and “Into the Buzzsaw – The Myth of a Free Press”, edited by Kristina Borjesson. And I have ranted about pseudo-journalists such as Tim Russert, who have made a largely successful, but hypocritical effort to appear unbiased to their viewers.

The bottom line, as Bill Moyers points out, is that the protection offered us by our First Amendment is based on the assumption of a separation of our government and a free press, which is supposed to protect us from government abuses. Moyers wrote this during the Bush administration:

What would happen, however, if the contending giants of big government and big publishing and broadcasting ever joined hands, ever saw eye to eye in putting the public's need for news second to free-market economics? That's exactly what's happening now under the ideological banner of "deregulation". Giant media conglomerates that our founders could not possibly have envisioned are finding common cause with an imperial state in a betrothal certain to produce not the sons and daughters of liberty but the very kind of bastards that issued from the old arranged marriage of church and state.

Consider the situation. Never has there been an administration so disciplined in secrecy, so precisely in lockstep in keeping information from the people at large and -- in defiance of the Constitution -- from their representatives in Congress. Never has the powerful media oligopoly ... been so unabashed in reaching like Caesar for still more wealth and power. Never have hand and glove fitted together so comfortably to manipulate free political debate, sow contempt for the idea of government itself, and trivialize the peoples' need to know.


Secrecy in government

Democracy suffers terribly when a nation’s citizens are uninformed – especially when they are uninformed with respect to the actions and motivations of their own government. If we don’t know what our government is doing, then how can we be expected to vote them out when they do something that we would consider deeply immoral had we known about it?

Consider war for example. If Americans understood the real motivations for its nation’s wars, they would probably be much more likely to strenuously object to those wars. That would make war much less politically feasible, and our country would therefore be led into war much less frequently than it has been in the past.

That is why I so hate the “national security” excuse for withholding information from us, the American people – which has become so routine that it is willingly or passively accepted by the good majority of Americans. I very much doubt that the “national security” excuse for withholding information from the American people has anything to do with national security more than 5% of the time. Rather, the reason for withholding such information from us is almost always something totally different. It is to blind us to the real reasons for war or other nefarious acts, so that we will accept them and willingly support or even risk our lives in their cause.


Rampant U.S. nationalism and the GAME

Two months ago I wrote a DU post that I titled “The GAME”, which I began by discussing “Unmentionable things in U.S. politics” – including such things as the stealing of a U.S. presidential election, calling American military or covert actions immoral rather than merely “misguided”, and imputing bad intentions rather than mere incompetence to a U.S. president.

I find this to be terribly repressive, not because I personally can’t mention these things, but because our elected representatives are under tremendous pressure not to discuss them. We elect them to represent us and our nation, and except for some rare courageous exceptions such as Dennis Kucinich, Cynthia McKinney, and Robert Wexler, they refuse to even talk about some of our very most important issues.

It has occurred to me that this provides the backdrop for a huge GAME that has been foisted upon us. A prerequisite of the GAME is to create an alternate reality that must be believed by a critical mass of people in order for the GAME to proceed. Why is that necessary? I believe it’s necessary because the reality is so terrible that if enough people consciously recognized it they would rise up and simply refuse to play the GAME.

Although the GAME’s masters set the rules, there are two related character traits of many Americans that cause them to play along: Rampant nationalism and a propensity for denial. Rampant nationalism is the attitude that our country is inherently better than any other country – so much so that it can do no wrong. This attitude is drummed into the American people from the time that most of us learn how to talk. We are made to feel that to believe or speak otherwise demonstrates a dangerous lack of “patriotism”, which makes us deserving of being shunned – or worse.

The other character trait that persuades too many Americans to play the GAME is denial. Believing terrible things about one’s country can be very painful. Accepting reality as it is, rather than as one would like it to be, can be very painful. To make this point, in a recent post titled “12 Things that Never Happened in American History”, I discuss the following official stories that we have been told (or not told):

The U.S. is not an imperialist country; FDR’s New Deal was not instrumental in ending the Great Depression; the Cold War was just about fighting totalitarian Communism; JFK was assassinated by a lone gunman; bribery is infrequent in American politics; Iran-Contra was not a criminal abuse of presidential power; U.S. presidential elections cannot be stolen; Bush and Cheney did everything they could to protect us against the 9/11 attacks; the Bush administration’s crimes are not serious enough to warrant impeachment or prosecution; and, we’re barely told about our nation’s killing of more than a million Iraqi civilians, the October Surprise, or Operation Northwoods.


CONSEQUENCES

These impediments to democracy work together to surrender great amounts of power into the hands of a small number of elites, who use that power in the cause of increasing their wealth and power at the expense of everyone else. It is a vicious cycle that is very difficult to break. Here are some of the major tragic consequences.


Rampant militarism and illegal aggression against sovereign nations

We are so often told how good and pure our nation and its people are that only a minority of Americans are aware of the extent of our many illegal and immoral activities. Many or most who aren’t aware of these activities would be shocked to learn about them and quite resistant to accepting that information as the truth.

In myriad instances we have overthrown or assisted in the overthrow of sovereign nations. In the good majority of these instances we have substituted a repressive right wing government for one that was much more responsive to the needs and desires of the nation’s citizenry. Sometimes genocide was used to accomplish our goals. The purpose of these activities has most often been to create a government that is friendlier to the desires of American businesses or corporations – though we always have some sort of rationalization for our actions.

In “Excuses for War” I discuss many of the phony excuses that the United States government has used to lead us into war, including its Indian wars, the Mexican-American War, the Spanish-American War, and the Vietnam War.

In “The Roots and Consequences of U.S. Overseas Imperialism” I note or discuss our covert and overt illegal and immoral overthrowing of the sovereign nations of Hawaii (1893), Cuba (1898), Puerto Rico (1898), the Philippines (1899-1902), Nicaragua (1910), Honduras (1911-1912), Iran (1953), Guatemala (1954), South Vietnam (1963), Chile (1973), Grenada (1983), Panama (1989), Afghanistan (2001), and Iraq (2003).

In “The Meaning of U.S. Imperialism, Genocide and Militarism” I note U.S. perpetrated genocides, as described in “State of Darkness” by David Model, including our atomic bombing of Japan (1945), those perpetrated against Guatemala (1954), Vietnam (1954-73), Indonesia (1965), Cambodia (1970-75), Laos (1969-74), and East Timor (1975), and our two wars against Iraq.

Other atrocities include our invasion of Cuba in 1961; U.S. Marine invasion of the Dominican Republic in 1965 to put down a rebellion against their repressive right wing government; U.S. military support of Haitian tyrant and mass murderer, Francois Duvalier; and numerous brutal interventions in several Latin American and African nations.


Massive Income and wealth inequality

Inequality of wealth in the United States is truly astounding – and it is increasing at a fast rate. In the United States in 2001, 1% of the population controlled 38% of the wealth, whereas the bottom 40% owned just 1%. That means that, on average, individuals in the top 1% owned about 1,500 times more wealth than individuals in the bottom 40%.

The rising level of income inequality in our country recently exceeded the point where it stood just prior to the stock market crash of 1929, which led to the worst depression in U.S. history. There are many who see a connection between the income inequality preceding that depression and our current situation. This graph, which plots income inequality measured as the ratio between the average income of the top 0.01% of U.S. families compared to the bottom 90%, over time, makes that point.

I discuss the subject of income and wealth inequality here, here, and here.


The loss of the rule of law

During the Bush Presidency I often argued that he should be impeached for his many crimes. Now that he can no longer be impeached, I have argued that our Justice Department should prosecute him for those crimes, and if it fails to do so then the International Criminal Court (ICC) should step in.

While Bush was still President, President Obama weighed in against impeachment, saying that impeachment should be reserved for only the most serious crimes. Now that he is President he has thus far given little or no indication that he intends to have his Justice Department prosecute George Bush or any other high level Bush administration official for their crimes. But if widespread torture, an illegal war of aggression, spying on American citizens, suspending of the right of habeas corpus, and numerous other violations of our Constitution don’t constitute serious crimes, then what does?

What would people say if a prosecuting attorney failed to prosecute a rapist and murderer simply because he had high level political connections? Who would accept that? Then why when far more serious crimes are committed by a President of the United States are there so many people who seem to think that it is ok to sit passively by and make no attempt to hold the perpetrators accountable for their crimes?

I’ll tell you why. It’s like I said earlier in this post. Saying that a former U.S. President might be guilty of prosecutable crimes is simply against the rules of the GAME. Given that and the failure to hold the Reagan administration accountable for its Iran-Contra crimes, George Bush and Dick Cheney connected the dots and thought that they might be able to get away with just about anything. Testing that assumption by moving ahead with prosecutions might be politically risky for the Obama administration. The Republican Party would no doubt raise holy hell if there was an attempt to prosecute high level Bush administration officials.

Consequently, we live in country in which, protestations to the contrary notwithstanding, certain people are indeed above the law. That fact, taken together with all of the impediments to democracy discussed in the first part of this post, means that democracy and the rule of law in our country are in grave danger. Indeed, some believe that we narrowly averted a military coup perpetrated by the Bush administration.

The American people and their leaders need to reassess what our country stands for. Is our democracy important enough to take steps to remove the role of money in politics, reform our election system, break up the corporate monopoly on our news media, require government actions to be much more transparent than they now are, and dare to look more objectively at who we are and what we do? Can we give up imperialism and warfare for the sake a world in which nations live and work together to further the cause of peace and justice? Can we make our nation one in which all of its citizens truly have the opportunity for life, liberty and the pursuit of happiness? And do our laws apply to all people, not just to those who lack the political influence to avoid them?

If we think that these things are important we have a great deal of work to do, lest our country sinks into a tyranny from which it may never recover.
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