*hyperlinks and video live at source*
David Degraw has written an outstanding comprehensive explanation of what’s really happening in the US economy. He’s given me permission to reprint it here. I also recommend his site "For Our Economy" for citizen grass-roots activism for economic justice.
Regarding the title of Americans starting a new government, I remind readers of the Declaration of Independence; our core American principles of government. The below links document that US political “leadership” is not even close to following our constitutional limitations and therefore are “leading” unlawfully. Americans with an oath to defend the US Constitution against all enemies, foreign and domestic, should choose to either honor their oath or admit allegiance to the current fascist imposter of the greatness this nation is on paper and in our ideals.
Another excellent summary is economist James Galbraith’s recent expert testimony to the US Senate Judiciary Committee of what will become “emperor has no clothes” obvious: the US economy is a rigged casino. Here is my best pitch to explain and document the fraud. Here is my best explanation of the obvious solutions. Here are my comprehensive resources to understand the US oligarchy in all its unlawful infamy in unlawful wars, war lies, torture and indefinite detention (including against Americans), and our controlled economic demolition.
I’ll present David’s documentation and analysis in 13 segments; each with his introduction. Use the “previous” and “next” buttons under the title to navigate to the different segments. Please share broadly with the understanding that all our economic problems really exist on paper only. They are propagandized and managed frauds; solved almost instantly by an economic structure designed for the public good rather than designed for an oligarchy. I stake my professional reputation on the factual reality of these statements and prove their objective existence in the data in the above links.
I appreciate David Degraw’s leadership to research and communicate the facts, and help us all embrace the terrible truth of US fascism that We the People must expose and end in order to unleash humanity and build a brighter future for all of us.
Look and verify for yourself. Res ipsa loquitur.
Is It Time for Law Abiding American Citizens to Stop Paying Their Taxes and Start a New Government?
By David DeGraw, AmpedStatus Report
The evidence is now overwhelming. The United States government has facilitated the theft of trillions of dollars of national wealth and 99% of the US population no longer has political representation.
I: The Ongoing Theft of Trillions
II: Off-the-Books, Off-the-Record
III: Osama bin Bank of America
IV: New Mafia World Order
V: The Goldman Sachs Obama Illusion
VI: American Heroes Speak Out on the Financial Reform Ruse
VII: Economic Weapon of Mass Destruction (WMDs)
VIII: Hank “Pentagon Sachs” Paulson
IX: $5.4 Trillion a Year Bullion Market Ponzi Scheme
X: Ponzi Nation: Welcome to America, Sucker
XI: Economic Shock and Awe
XII: Time for a Second American Revolution - The 99% Movement
XIII: How You Can Get Involved
Now that I have your attention, I want to make it clear to you that I am being rational and serious when I ask this question: Is it time for law abiding American citizens to stop paying their taxes and start a new government?
Before you roll your eyes and dismiss me as some “extremist,” let me explain the situation to those who are unfamiliar with my past reports. In my report on the Economic Elite Vs. The People of the United States, I lay out the case proving that our economy and tax system has become an organized criminal operation. I defy anyone who spends time researching and analyzing the facts and overwhelming evidence to support this claim to prove otherwise. I invite anyone who thinks I’m wrong to a debate on national television. I’m talking to you, Tim Geithner, Ben Bernanke, Larry Summers, Lloyd Blankfein, Jamie Dimon and President Obama!
I torturously spend 60 plus hours a week researching this and the torrent of devastating news and evidence is mounting by the minute. The staggering level of theft continues unabated. As I am watching this unfold, I am horrified thinking about the severe consequences that have only just begun to reap their toll. Our nation is being raped and pillaged. Our future is going up in flames and our government isn’t even making the slightest effort to put out the fire. In fact, they are purposely pouring gasoline all over it.
“There’s a time when the operation of the machine becomes so odious—makes you so sick at heart—that you can’t take part. You can’t even passively take part. And you’ve got to put your bodies upon the gears and upon the wheels, upon the levers, upon all the apparatus, and you’ve got to make it stop. And you’ve got to indicate to the people who run it, to the people who own it that… the machine will be prevented from working at all.” – Mario Savio
So let me take a deep breath and back up for a minute… and explain the urgent gravity of our current crisis.
VI: American Heroes Speak Out on the Financial Reform Ruse
If you think the new “financial reform” bill about to be rushed through Congress and signed by Obama is going to do anything to change the game, you need to turn off your propaganda machine (television), put down the Kool-Aid and WAKE UP. This is not some political abstraction that you can avoid thinking about. This is a direct attack on us. Our future is being ripped away from us and destroyed while we watch American Idol and sit back hoping and waiting for change. There is major change coming, no question about that, but the change is going to be for the worse, much worse.
The Obama-Summers-Bernanke-Geithner doctrine has been to keep hiding debt and losses, and allow continued theft, by just kicking the can further down the road. This is only going to make things worse in the long run. The fat lady has already sung, they’re just delaying the inevitable and stealing everything they can still get their hands on in the meantime.
The corrupt SEC is still trying to further ease any remaining regulations on the major banks, and the sham that is being called “historic financial reform” is a massive con job. Even though you don’t see it on your nightly “news” or the 24 hour propaganda outlets, experts have been bravely speaking out about it and reporting their findings. TARP Congressional Oversight Panel Chairwoman Elizabeth Warren has been tirelessly fighting for a Consumer Protection Agency that is now going to be tossed aside into the Federal Reserve. Putting the Consumer Protection Agency in the Federal Reserve is like saying you are going to protect children by locking them in a room with a serial child molester.
Apologies for making these vulgar analogies, but people need to understand the depravity of what is happening here. Dodd’s entire bill gives even more power to the thugs who are running the heist. As Andy Kroll wrote in a recent report called, “The Fed’s Spectacular Comeback:”
“When Sen. Chris Dodd (D-Conn.) unveiled his long-awaited version of a Wall Street reform bill on Monday, two unlikely winners emerged: the Federal Reserve and its chairman, Ben Bernanke. The Fed, according to Dodd’s plan, would retain some of its most crucial regulatory powers, like overseeing the 40 or so big banks with more than $50 billion in assets. But it would also gain more regulatory muscle. A new consumer-protection agency would be housed within its walls, and the Fed chairman would sit on a council of regulators created to tackle banks that are too big or too interconnected to fail. Bernanke and his team would also be empowered to regulate large non-banking financial firms—like subprime mortgage companies—if the council of regulators deem that they threaten the economy.”
That’s right, let’s put the thieves in charge of policing the thieves. Sounds like a brilliant, mentally sound plan, doesn’t it? But their extraordinary audacity and arrogance doesn’t stop there!
Another person to bravely speak out, FDIC Chairman Sheila Bair, revealed her “serious concerns” that the Senate’s new bill will allow “backdoor bailouts of the largest financial firms.” Yep, “backdoor bailouts,” very aptly titled. The Wall Street elite, knowing that there are still massive debts/liabilities to be placed on the books, want to continue to give themselves huge bonuses and keep their scam rolling along, so they want to keep the already plundered taxpayer lifeline open. They are like heroin junkies trying to tap the vein just one more time. And that vein isn’t theirs; it’s yours!
Former IMF chief economist Simon Johnson has testified before Congress stating that the bill is a sham, and has released many reports exposing the bill to be a mere charade. He recently raised this alarm: “The indications are that some version of the Dodd bill will be presented to Democrats and Republicans alike as a fait accompli – this is what we are going to do, so are you with us or against us in the final recorded vote? And, whatever you do – they say to the Democrats – don’t rock the boat with any strengthening amendments.”
Johnson followed that report up with this one: “Senator: Which Part Of ‘Too Big To Fail’ Do You Not Understand?” Mike Konczal of the Roosevelt Institute also went through the bill looking for things a Goldman Sachs lobbyist might object to and didn’t find any reason for Goldman Sachs to not support it. Even the Troubled Assets Relief Program (TARP) Inspector General Neil Barofsky has been courageously railing against the “lack of any meaningful reform.” And these people are hardly radicals. They are all American heroes who are risking their careers and livelihoods to blow the whistle on this sham.
The fact that this has all happened is beyond comprehension. The only thing that is more mind-boggling is that all-out plunder continues to escalate.
Why Resistance Is Essential from PuppetGov on Vimeo.