LOS ANGELES, CALIFORNIA GLOBAL AFFAIRS
Washington government used as mere Wall Street appliance
Wall Street Hoover and American Lemmings
When "forewarned is (not) forearmed:" 13 years after the first "American Hoover"-column's warning, Wall Street and Washington keep sucking money out of American taxpayers pockets more than ever
LOS ANGELES, Aug 3 - At a first glance, story you are about to read is about deception. "Big Boys" from Wall Street and Washington are supposedly deceiving and fleecing the innocent American public. Here's a YouTube video clip a friend of mine from Sedona, Arizona sent me with the following caption:
If you took four-and-a-half minutes to watch the entire video, I presume you might agree with my friend? That we are being duped and fleeced by both the Wall Street shysters and their cohorts in Washington? Certainly the two TV show hosts who were featured in the video seem to think so. Were you surprised? Did you find the video shocking?
I hope not. For, if you read on, you will see that the assertion that the American public is being deceived by Wall Street and Washington is actually not entirely true. Or more accurately, it is only partially accurate.
In order for a con game to succeed, the person being duped has to agree to play. Like those Americans who are now crying foul and casting stones at Wall Street and Washington, but who were willing participants in the zero or low interest mortgage con game. Or those who lost money when the stock market crashed two years ago (yours truly included).
Yes, Wall Street and Washington are guilty of setting the trap. Like putting a piece of cheese on the floor to catch the mice, they offered the American public "free lunches" or promises of future riches. But we, the taxpayers, could have said "no, thank you."
This writer's heart would have still gone out to them had we not been forewarned. But "forewarned is forearmed"-adage did not work in this case. Blinded by greed, people ignored the lessons from the past. Here's what this writer wrote in his Washington Times column, published almost 13 years ago (!):
This 1997 story went on to explain how this devious vacuum cleaner works. And what an American consumer can do to defend himself against it ("just say no" to funding the con game).
Less than a year later, in August 1998, another Washington Times piece carried the same message, with even more meat on the bones (more data to back it up). Check it out:
In other words, we are self-destructing, just like the lemmings. The American taxpayers evidently have short memories and big appetites for "free lunches." All we had to do is stop investing in Wall Street and borrowing beyond our means. All we needed to do is "say no" to greed. The effect would have been like unplugging "The Great American Hoover." Without the "electrical power" our money provides, it could not function.
The cons, such as those described in the above video can only work if there are enough willing participants in the quest for a "free lunch" that Wall Street and Washington are offering. So when we get fleeced in the end, we only have ourselves to blame.
According to the Oxford Dictionary of Proverbs, the oldest written version of the saying “what you don’t know can’t hurt you” comes from 1576, in Petit Palace by G. Pettie: “So long as I know it not, it hurteth me not.”
The American people have no such excuse. We cannot plead ignorance nor innocence So I replied to my Arizona friend:
I also told my friend that, therefore, "there is nothing new under the sun," quoting King Solomon from over 4,000 years ago. "There's a sucker born every minute," David Hannum noted over 150 years ago (1868). "Those who do not read history are doomed to repeat it," George Santayana (1863-1952), a Spanish philosopher and novelist, warned a century ago.
As you can see, we had plenty of warnings and wise musings. But we did not learn from history, this writer included. So we were doomed to repeat it. We allowed the Wall Street and Washington to pull the wool over our eyes once again, just as they do every four years when they bring out two new horses from the same stable to run in presidential races. Like "Bushama," pictured above. Patsies like that and others in our Washington government are used as mere appliances by the Wall Street Hoover.
The universe is unfolding as it should. The King Solomon was right. There is nothing new under the sun.
So the next time they make us an offer that is supposed to "smell like roses," maybe we should first check to test spray it around the house to make sure it is not another "BS" fragrance. Just like that clever babe on the right.
Bob Djurdjevic is a writer and consultant based in Haiku (Maui), Hawaii. He is a free-thinking humanist. Which means he is neither Republican nor Democrat. You can find more of his research and columns at www.truthinmedia.org (geopolitical) and www.djurdjevic.com (business) and his personal web site www.yinyangbob.com.
Check out also some of our past stories that dealt with the subject of usury and financial enslavement:
Also check out... Ugly Face of Globalism (G20 meeting marred by violence: an inside job?), O Tempora O Mores... (Editorial comment on Obama's winning the Peace Farce); Gouging the American Consumer; Squeezing the Consumer Dry (Greed Was the Fuel That Drove Both Bankers, Govts & Oilmen to Try to Squeeze Blood Out of Stone - American Consumer); The Great Divide Widens (The rich are getting richer and the poor poorer in most developed countries – latest OECD study, Oct 2008); Wall Street's Financial Terrorism (a 1997 Chronicles Magazine column that's as current today as it was when it was written); Just Say NO to Greed - Killer of Dreams! (Mar 2008) and Just Say No to Greed 2 (Oct 2008)
Also, “Plutocrats of the New World Order,” Mar 1997; “Demo Farce and the American Century,” Nov 1996; “The Great Wall Street Hoover,” Nov 1997; “The Great American Divide,” Jan 1998; “Wiping Out the Middle Class,:” May 1998; “When Will Wall Street Bubble Burst?”, Aug 1998; etc.