R.I.P.: Capitalism and Democracy Are Dead

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garystamper's picture
garystamper
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R.I.P.: Capitalism and Democracy Are Dead

by Gary Stamper via Collapsing into Conciousness

I am not suggesting that the ECB should not expect reform for their bailout money.Nor am I suggesting that Cyprus is without blame and have pointed out that as banking systems go, Cyprus’ banking system is totally corrupt, as are so many others, having knowingly laundered money for the Russian mob. I am not saying that Cyprus or Greece are victims. Welcome to modern day banking.

However, the latest news now has the Cypriot Parliament suggesting that private citizens who have over $100,000 be given a “tax” of 22-25%, along with changing the rules so that depositors are “lenders” instead of depositors, making them “subject to risk” in the same way as the banks. This is nothing more than theft. This is The Powers That Be changing the rules to serve only the elite and the corrupt banking system that now permeates the planet.

No one in power is looking for real reform. They’re looking for ways to steal every last cent they can before it comes down, and, like Gerald Celente, I believe we’re watching the global financial system collapse before our vey eyes. The financial system of every country is at risk because almost all of them are in “financial difficulties.” The US, China, Japan (not sure about Russia, but they sure are pissed off!), almost all of Europe with the exceptions of the Netherlands and Germany, and for them to save themselves, they’re going to have say “no” very quickly…there goes the EU. We are all in trouble because we’re totally interconnected. When one domino falls, the next one falls, and the next, and the next….I have to laugh at friends who are expatriating to other countries thinking they’re going to be safe. This is planetary. No one, no banking system is safe (insert giant flushing sound effect here…) and neither is your money.

Putin, via Medvedev and Russian embassies, has just issued an “urgent bulletin” to all Russian citizens and businesses around the world to begin divesting their assets from western banking and financial institutions “immediately.” Have you considered moving your funds out of your bank into some other safer haven? Is the fear depositors all over the world are feeling contagious? How much of this ‘fake” money can actually be withdrawn until it’s gone? Would you prefer to be the first in line or the last?

Last, the European Union Times is reporting that “according to Kremlin sources, President Obama’s sudden visit to Israel this week, the first he has made since being elected in 2008, was to personally warn top Israelis of his regimes “plan” to begin confiscating his citizen’s bank deposits too.” (not sure about that being true, but he did give himself the power to confiscate private property and assets of American citizens last year, and if you don’t like it, there’s always the NDAA).

The facts are that we are at least $20 trillion over the sustainable threshold of of debt to GDP of 180% (not including derivatives estimated at another $700 Trillion to over a quadrillion dollars), the only way to “fix” this is global debt restructuring which would bankrupt global banks and would have to be funded by the the world’s financial asset holders right into whatever middle classes are left, but not before we see the biggest occurrence of pain, misery and suffering in the history of mankind. Millions, possibly billions, will die. Talk about a disorienting dilemma!

If I were looking at this for the first time, I would be moving every asset I had into real commodities: farmland, PM’s, and stored food and get rid of any kind of paper assets or promises…..Oh, yeah…I already have.

These are extremely dangerous times, and even the possibility of war cannot be ruled out if this get bungled any worse than it already has been.

Pardon me, I’m going to check on my garden starts. A community’s gotta eat, you know! Even now, this can all be looked at as an amazing opportunity!

Good luck, everyone!

dshields's picture
dshields
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I don't agree...

I don't agree with your title. Democracy (and its derivatives) is the best from of government people have yet devised. It allows freedom for the people. Capitalism is also the best form of economy people have devised. The combination of capitalism and democracy have brought more prosperity to more people than any other systems -- ever. The problem is we now have neither and that is why we find ourselves in the situation we are in.

Read the constitution and the amendments. Read the Federalist Papers and other writings of the founders. If you do that you will be shocked. The America of today is nothing like they envisioned. The Fed Gov is far to large and comprehensive. The states have lost their rights. The people have lost their rights. The function of the US Federal Government is to protect the people's rights, not take them away.

We have "peak government". We have a government that we can not afford. Free markets tend to allocate limited resources to the ventures that are most likely to succeed. We do not have anything like free markets. This is not to say that some regulation is not necessary, but what we have now is constant interference and down right manipulation of the markets by governments and central banks. There are so many thing wrong in this area that I could write an entire book on it.

We have been very bad here in the US. We have taught two generations of people to look to the government to support them - the nanny state - instead of teaching them to be honest, hard working, and self reliant. It is shocking the mistakes we have made. We have dumbed down the people to the point they actually have no idea what is going on, what they should do, how they should vote, and so on. We as a nation have failed. We have elected politicians (both major parties) who promised us whatever we wanted. We have squandered our future on useless wars and crazy stuff. There is far more public and private debt than can be serviced in the future. There is going to be a collapse. You can get a little picture of what is coming with a look at Cyprus. The collapse is coming not because of democracy, capitalism, and free markets, it is coming because we do not have these things. Corporate influence on the government and the massive over reach of government itself are to blame along with the people who voted in the politicians that have destroyed us.  CM is right. Two of the three E's are converging on us. Energy and the Economy. CM has laid it all out and we are watching it all come down.

For me, it is taking longer than I thought it would but it is happening. The collapse is not in the future, it is happening right now, all around us. It started some time ago and is proceeding along at a steady pace. It would be best if it continued this pattern. It gives the people time to think and prepare for what is to come. What I fear most is at some point there will be a trigger event that will lead to a loss of confidence and hasten the collapse. I need time to prepare properly. I need at least another year. Two years would be even better. The longer I have the better prepared I will be.

I think we have gone past the knee in the curve. I don't think there is any way to recover from where we are now. As a people we do not have the will to do it. The politicians we elect do not have the will. We are going to have a sovereign debt crisis if government spending is not brought in line with revenue. That means the Fed Gov would have to be cut by about 40%. This is very unlikely to happen. I went to a Windy's for lunch last week and observed the people there. The level of ignorance and poor behavior was amazing. Welcome to America.

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Organic Raw Veggies
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Pain and pleasure

Many of us had to hit rock bottom before change can occur. Changing while in a pleasurable state is a skill. Add on an intentional deception of the majority of our people. Add on purposeful creation of divisiveness...we may need to see the biggest occurrence of pain, misery and suffering before we change...would a 25% haircut of bank accounts get people off their sofas. Many people are glued there forever no matter what. The deception is deep. 80% are probably just followers, it will be up to small groups to grow and steer our path, unless we get that solar flare that increases our consciousness, gives us all esp and shows us how to manipulate the quantum field or use that 15% of our brain that sits idle. Back to the mustard greens. 

Oliveoilguy's picture
Oliveoilguy
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The Best Form of Government
dshields wrote:

 Democracy (and its derivatives) is the best from of government people have yet devised. It allows freedom for the people. Capitalism is also the best form of economy people have devised. The combination of capitalism and democracy have brought more prosperity to more people than any other systems -- ever. 

Well stated Dshields. Even the shread of Democracy and Capitalism that remains alive far surpasses any other experiment in Government past or present. 

adpailet's picture
adpailet
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abuse it, you lose it

I have noticed a universal principle in operation when it comes to democracy, capitalism and other forms of freedom - abuse it, you lose it.  We are now witnessing the operation of this principle on a grand scale.  Maybe next time - if we get a next time - we'll think to act more responsibly, employ some common sense and rein in our greed and profligate propensities.  I wouldn't bet on it though.

dshields's picture
dshields
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The US lost its way...

We lost our way. We started out good. The founders created the most amazing government design in history. It worked well for many years. The hard truth is if we had stuck to the constitution and the spirit of the founders we would not be in the mess we are in now. We would be far away the most productive and self reliant nation in the world. Instead we allowed the education system to fail - it failed to teach two generations of people about America, the constitution, the civil society, freedom, opportunity. the reasons we were a great nation.

We used to do really great things. We saved the world from totalitarianism twice, went to the moon many times, built the inter-state highway system, railroads, the industrialization of America was the envy of the world, massive hydroelectric systems all over the country and brought electric power to rural people, cured diseases, you name it - we used to be great - we did great things. We were the largest creditor nation in the world. We worked hard and we paid our way.

Now look at us. We are pathetic losers. We do not do anything great any more. We allowed our education system to teach political correctness, dependency, welfare, socialism, liberalism, instead of hard work, self reliance, the civil society, the constitution, and honest ethical behavior. Our cities have turned into cesspools. Half the country sits around waiting for their transfer payments. It is a disaster and we are doing nothing about it at all. What used to be perfectly normal is now considered right wing extremism. That is all crazy and we are going to pay a terrible price for what we have done. I am 55 years old. When I was a kid America was free. It was great. We were not losers. I remember walking into a K-Mart and buying a 357 magum just like that.  I remember sitting on the couch with my mother's mother in December 1969 watching the moon shot and she told me that she was amazed that her dad used to take her to school in a horse and buggy and now she was sitting there watching people on the moon. When I was in my 20's and 30's I could get all the jobs I wanted. People used to hitch hike. A dollar would actually buy some stuff. Not any more. That America is gone. We have fallen so far. It is shameful. The biggest question of our day in the US is just what are we going to do about it. I am not sure we are going to do anything. As a people we have lost our way.  Better start prepping - not much time left.

OptOut's picture
OptOut
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We DO NOT have a democracy.

We DO NOT have a democracy. The USA has never been a democracy. It is/was a Republic. Probably more like fascism today.  If you read those docs you referenced  you should knnow the difference.

I agree with the rest of your post, very well written.

 

goldrunner1's picture
goldrunner1
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The US lost it's way...

dshields I hear what you are saying. We are both the same age and it sounds as though we have had similar experiences growing up. I live in Canada and I am watching events unfold in the US with horror. I know the battle for Canada will be won or lost in the US although we may have some short term benifts up here. Apparently the number I have heard is that 80% of our foreign trade is with the US and we seem to be involving ourselves more and more with all your foreign entanglements. I believe your fight down there is also our fight up here and I have had a lot of difficulty explaining things to fellow Canadians because they really know little about the USA beyond it's a nice place to vacation in. 

The big question as you ask is what are we going to do about it. I've been struggling for years with that thought and have not been able to come to any conclusion. From what I can see it looks like there are very few if any politicians who are willing to take up our fight so voting is probably a waste of time. The big jest of this site is self reliance which is a good idea. Somehow I feel that when this all blows over that TPTB won't let us exist in our little self reliant communities. As George Bush said "Your either with us or against us". The voting system is obviously rigged. TPTB will not allow a candidate they don't approve of to run. Think Ron Paul.

As we all know that if things continue on this time line the event horizon probably holds the most severe economic collapse the world has ever known. My thoughts on this are no matter how well I have prepared for the coming collapse that my life is probably better now than it will ever be once we go over the cliff. From all that I have read I am of the opinion that there is going to be a huge power grab once the collapse occurs and this is part of TPTB march to world government. The world government being planned will not be a benevolent government ruling in our best interest. It will be a high-tech police state that we may never be able to escape from. I am not saying that the collapse has been planned to bring about this government but that TPTB know full well where were heading and are planning to take full advantage of the situation. 

So if we can't vote our way out of this and TPTB are planning on not leaving us alone once they bring about their consolidation what options do we have left. Armed revolution? I am not advocationg this I just don't believe there are any other realistic options. I am wondering what people are going to do when swat teams show up in your neighbourhood with their armoured personal carriers going door to door to confiscate weapons. Are we all going to be of the mindset "First they came for the labor unions and I was't a labor union member and didn't stand up". Then they came for.....

 

Wish I had some sort of answer, but I don't and I havn't seen one to date.

 

ralfy's picture
ralfy
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The "founding fathers" were

The "founding fathers" were the first oligarchs of the country, using laws to control Native Americans and slaves.

The current system involves households that want a middle class lifestyle through easy credit and high income, and that means voting for politicians that support Big Business which guarantee the two.

 

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garystamper
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To dshields

Actually, it appears you agree with everything I'm saying, you just misunderstood the title. I'm saying this because the body of your welcomed comment pretty much reinforces the "whys" of what I've posted. Democracy, and the republic, is dead because we've allowed it to be taken from us while we slept and we have no one to blame but ourselves, because we get exactly the kind of governmeent we deserve by our complacency.  We've abrogated our rights and responsibilities and regardlesss of what type of government we had, it no longer exists at this time. Regardless of what kind of economic system we had, it no longer exists, either. All forms of both can be corrupted if we're not paying atttention.

"We have met the enemy, and he is us." - Pogo

Thanks for all your comments.

Gary
collapsingintoconsciousness.com

goldrunner1's picture
goldrunner1
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The media has played a part in our demise

garystamper I agree that our complacency has been a large factor in all of this. But one of the necessities of a Democratic system is an independent media to warn the people about government or corporate malfeacence. With a handful of corporations owning the main stream media and using it to coerce government officials as well as shape public opinion who is there to warn the sheeple. I am sure if ABC, CNBC, Washington Post and whatever other media outlets started putting the truth as we know on their headlines we would have a different world today and the populace would not be so complacent. This capture of the media has not been by accident but by design. It is also obvious by recent attempts at pasing legislation that TPTB are attemeting to stifle our free voices on the internet. It's probably only a matter of time that they eventually suceed. I don't know if anyone else has noticed but the google search engine seems to have a short memory with let's just say "Politically unpopular information". I have had increasing difficulty finding this stuff when I am reserarching. Call it the Ministry of Truth AKA 1984. I now have better results with a search engine called DuckDuckgo. 

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dshields
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Posts: 599
agreed
garystamper wrote:

Actually, it appears you agree with everything I'm saying, you just misunderstood the title. I'm saying this because the body of your welcomed comment pretty much reinforces the "whys" of what I've posted. Democracy, and the republic, is dead because we've allowed it to be taken from us while we slept and we have no one to blame but ourselves, because we get exactly the kind of governmeent we deserve by our complacency.  We've abrogated our rights and responsibilities and regardlesss of what type of government we had, it no longer exists at this time. Regardless of what kind of economic system we had, it no longer exists, either. All forms of both can be corrupted if we're not paying atttention.

"We have met the enemy, and he is us." - Pogo

Thanks for all your comments.

Gary
collapsingintoconsciousness.com

Agreed...

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