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US Government: Overthrown

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The Obama Administration, via congressional testimony by the nation’s top cop, publicly made it clear this week to the US Senate, the American people, and our partners and allies around the world that they believe the Rule of Law no longer applies in the United States of America.

In my uneducated and oft ill-informed opinion, I conclude this can only mean one of two things:

1) The Attorney General has admitted the US government has been non-violently overthrown by a group of companies working in concert with one another and we are now living under a corporatist Oligarchy, or;

2) The Attorney General has voluntarily and purposefully abrogated the Rule of Law and we are now living under a Dictatorship, being ruled by decree.

If I am right, We the People are now at war against a group of corporations that has overthrown our government or we are at war against a usurping President and Attorney General who have overthrown the US government.

A bold conclusion, I know. Perhaps even a dangerous one. However, stick with me here. This is the most important thing I have ever said to my readers:

I want you to think for a moment about your profession. Specifically, I want you to think about your competition.

What do we really know about our competitors? We know some of them are larger than we are, and that some are smaller. We know some are growing, and that some are dying. We know some are innovative, and others are set in their ways. We know some of our competitors are honest, and that some of them are not.

Despite knowing these things, we may actually know a lot less about our competition than we think we do. At least beyond a sense of where we fall in the spectrum. However, there is one very critical piece of information every business owner and employee in America knows about their competition. Even if they don’t know anything else about the competition, or even if they don’t know who their competition is, they do know this:

The laws regulating a given profession apply to everyone in that profession equally and across the board.

This seemingly ‘common sense’ piece of knowledge is so second-nature to Americans, you’ve probably never even given it a conscious thought. When you started your business or accepted a new job, did you ever stop and say to yourself, “I can succeed in this endeavor because I know everyone else in the market is playing by the same rules”? You probably didn’t. You just knew in the deepest recesses of your mind this truth not only exists, but that it’s a foundational component of competition – at any level. We’ve learned this from the first time we played tic-tac-toe: everyone who plays the game must play by the same rules if the game is to be worth playing. From the youngest tee-ball player to the highest paid CEO, we all understand the game is worthless if the other team possesses an unfair advantage. Thus it’s natural that you’ve likely never given any conscious thought to whether your competition is playing by the same rules you are forced to play by. You just knew they were.

By how important is this knowledge in our daily lives?

As a recent high school or college grad would you go into a profession where some people in that same profession are legally treated better than you or your employer?

In choosing to open a business or take a new job, would you risk your capital or paycheck in a profession where the competition has an unlimited number of “get-out-of-jail free” cards?

Would you work for a company that purchased safety products from another company that is exempt from quality control laws, or purchase food for your family from a company that doesn’t have to abide by sanitation laws?

The answer to all of these questions is not a resounding, “No”, but, “Hell, no!”.

Only a fool would participate in such a ‘rigged’ game.

Regardless of the what the rules are, the rules must apply to and must be equally enforced upon everyone who participates in a given form of competition. This simple premise is THE SOLE FACTOR that propelled America to becoming the greatest nation and economy the world has ever seen.

Shockingly, as I alluded to above, this foundational concept of all that is good was murdered in plain view for all to see.

While testifying before the US Senate Judiciary Committee, Attorney General Eric Holder (the top law enforcement officer in the United States), made it very clear that some US companies – based on their size and the amount of money they have – will NOT BE SUBJECT to the same laws as their direct competitors. In fact, he went on to say they will in fact not even be subject to investigation of wrong-doing. Holder’s words could not have been clearer.

“I am concerned that the size of some of these institutions becomes so large that it does become difficult for us to prosecute them when we are hit with indications that if you do prosecute, if you do bring a criminal charge, it will have a negative impact on the national economy, perhaps even the world economy.”

In other words, if you have enough money the US government will not force you to abide by the law.

So, who was he talking about? The so-called “Too Big To Fail (and now, Jail)” banks.

Holder went on to say the size of the banks has “an inhibiting influence, impact on our ability to bring resolutions that I think would be more appropriate.”

In testimony last month before the Senate Banking Committee, Senator Elizabeth Warren pointed out that IN FACT AND IN REALITY the US Department of ‘JUST US’ has and is already treating citizens and smaller banks differently.

“There are district attorneys and U.S. attorneys who are out there every day squeezing ordinary citizens on sometimes very thin grounds, and taking them to trial in order to make an example, as they put it,” said Warren. “I’m really concerned that ‘too big to fail’ has become ‘too big for trial.’ That just seems wrong to me.”

It’s not just wrong, Senator Warren, it is the destruction of our social fabric and nation which is in reality ongoing on a daily basis. It is for this reason I said above, either our government has been overthrown by these banks or our government has been overthrown by an Administration and its Department of Justice that has chosen to nothing about it.

Now, allow me one last point. If this lawlessness was being allowed for almost any other industry the effects on the American people would be somewhat limited. It would still be wrong and immoral, but if a certain group of US fish tank manufacturers were allowed to break the law with impunity based on their size, the effects on every day Americans might not be that great. But these are not fish tank makers. These are the largest banks in the world who have their tentacles entwined around and into every crevice and every wallet in the economy. The top five banks have combined assets greater than the US GDP!!  While the US government is not only broke but in $16 trillion of debt, a ton of that debt is OWED TO THESE BANKS. On the liability side, these banks hold derivative contracts that total in the hundreds of trillions of dollars, in fact, the liabilities total more money than there is on the entire planet. Do you think that these banks might be able to non-violently overthrow the US government, or at least, purchase the Oval Office and the Department of Justice?

And, if so, what effects on your life, liberty, property, business, job, and pursuit of happiness will there be now that these companies have been told point-blank by the highest law enforcement officer in the land, “You are above the law. We don’t like it, but we admit there is nothing we can, and nothing we will do, about it.”

And what if, separately from that admission (which is no longer conjecture, but is fact), a ‘wink-wink’ was passed along from the Attorney General to the Too-Big-To-Jail CEOs?

And what if you knew that these bankers have already admitted – in court – that they are guilty of money laundering for drug cartels and gun runners, breaking and entering into people’s homes, and committing millions of cases of fraud, while not a single person has gone to prison or served a single day in jail?

And lest we forget that in addition to this now EXPLICIT guarantee that we will not prosecute them, these banks still demand and receive an implicit guarantee of being bailed out by the American taxpayer if they’re lawlessness causes them to fall on hard times.

Would you then, in either case, think our government has been overthrown? Could you then conclude that by your having been declared subservient at law to these companies by our top law enforcement officer, that We the People are now at war?  I sure as hell do.

So, what weapons do We the People have at our disposal to fight this war? If it comes to it – as a last resort – we may have to rely on the traditional weapons of war. However, for the time being we still possess the most effective weapon on the planet: Our wallets.

By depriving these companies AND every other company, entity or person they do business with of every penny of our money we can AND WILL accomplish what the President and the Attorney General are either incapable or unwilling to do. Doing this is legal. It is peaceful. And, when it comes to pulling your money out of a bank and depriving them of getting it back, it is very, very, powerful.

There are thousands of small and regional banks and credit unions that as of today are operating under different rules than these TBTF/J banks.

There are hundreds of thousands of businesses of every type and size out there that do not do business with these TBTF/J banks.

These smaller, regional banks, credit unions, and businesses deserve your patronage. Our nation depends on it.

MOVE YOUR MONEY. DO NOT DO BUSINESS WITH THESE BANKS. REFUSE TO DO BUSINESS WITH THEIR SUBSIDIARIES, THEIR CUSTOMERS OR SUPPLIERS. EDUATE EVERYONE YOU KNOW WHO DOES DO BUSINESS WITH THEM. SHAME THOSE WHO DON’T CHANGE. RETAKE OUR NATION ONE DOLLAR AT A TIME.

Or, blow it off and be a slave to whatever happens next. Which, short of a peaceful and lawful return to the Rule of Law will be no doubt be a violent return to the Rule of Law or an even more violent descent into chaos.

And violence is what we’re trying to avoid here. Or is it?

It’s a question worth asking. One that Senator Rand Paul spent almost 13 continuous hours on the floor of the US Senate trying to get answered. In bringing the Senate to a grinding halt through his filibuster, Paul was trying to force the Attorney General or the President to answer a single, straightforward question:

Does the US government believe it has the authority to kill non-combatant American citizens on American soil where no imminent threat to life exists without DUE PROCESS of law?

So far the President and the Attorney General have refused to provide a straight answer to the question.

Though Paul’s filibuster will go down in American history as a major stand for liberty, perhaps the lack of an answer should tell us he was simply asking the wrong people. Perhaps Paul would have been better served by asking Jamie Dimon, Brian Moynihan, Lloyd Blankfein, John G. Stumpf, or their actual boss, Ben Shalom Bernanke.

Folks, these are dangerous times. For it would seem we have a new set of leaders.

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