charleshughsmith | In last week's explanation of why the Federal Reserve is evil, I invoked the principle of calling things by their real names, a concept that drew an insightful commentary from longtime correspondent Chad D.:
Thank you, Charles, for calling out the Fed for their evil ways. We
have to properly name things before we can properly address them. I
would add that the Fed's endless creation of "money" to hand out to
connected bankers (not all bankers) is just one facet of the evil. The
evil also manifests itself as extraordinary political-economical power
in a system that allows legalized bribery disguised as free speech.
One
does not need money to speak/write to convey one's thoughts, but what
money does allow is the drowning out of speech of those without money by
those with a lot of money. In essence, the ultra-rich (i.e. the top
.01%) get a huge megaphone to blare their thoughts, many of which are
deliberately used to disorient and confuse the common man through the
major media and so-called higher institutions of learning. Hence, we get
common folk actively fighting for policies and laws that are against
their own personal interests, such as promoting "free trade" agreements
that are really managed trade agreements, whereby domestic workers are
forced to complete with workers in other countries who make a pittance
and are not protected by labor or environmental laws.
These
agreements are part of a legal, yet unjust, framework that gives
unfair, competitive advantages to large, multinational businesses at the
expense of their smaller domestic and international competitors, which
includes the abridgment of basic rights to settle disputes in a real
court of law, not some kangaroo arbitration process with biased
"judges".
And
we must not forget the bailouts, lack of prosecution for economic
crimes, such as fraud and monopolistic and deceptive trade practices,
and tax loopholes, all of which are bought in one way or another from
the compromised "representatives" and "public servants" within the
system.
