Former US Director of National Intelligence Dennis Blair recently testified before the Senate Intelligence Committee stating that an extent danger facing America today is not terrorism, it’s the current economic crisis. It would not surprise me in the least if some enterprising guerrilla journalist were to uncover the fact that people like Stephen Lerner were actually on the JP Morgan payroll. The art of misdirection is not just confined to the worlds of magic and politics. The average American is dreadfully unaware of just how depraved these people are. The little regard they have for human life is beyond common comprehension.
Looking at this from a purely technocratic sociological viewpoint, avoiding mass riots and violence while this many desperate people lose life-sustaining programs appears to be an impossible task, and given our current economic and political environment this seems inevitable. What’s going to happen in this society when these people are without jobs when their families hurt when they lose their homes in massive numbers a neighborhood at a time? The scenarios are grim.
After analyzing our current crisis and studying well-established historical precedents, one must conclude that the global bankers have only three possible cards left to play. The first is admitting culpability and working to restore the American economic engine to its free-market potential. History has taught us that the ruling class rarely admits error and never concedes power.
Continue Reading: Economic Crisis