Sadly, in the month since we last posted on this topic, many new examples of corruption have arisen.
The Cop Is On the Take
Government corruption has become rampant:
- Senior SEC employees spent up to 8 hours a day surfing porn sites instead of cracking down on financial crimes
- NSA spies pass around homemade sexual videos and pictures they’ve collected from spying on the American people
- Investigators from the Treasury’s Office of the Inspector General found that some of the regulator’s employees surfed erotic websites, hired prostitutes and accepted gifts from bank executives … instead of actually working to help the economy
- The Minerals Management Service – the regulator charged with overseeing BP and other oil companies to ensure that oil spills don’t occur – was riddled with “a culture of substance abuse and promiscuity”, which included “sex with industry contacts”
- Agents for the Drug Enforcement Agency had dozens of sex parties with prostitutes hired by the drug cartels they were supposed to stop (they also received money, gifts and weapons from drug cartel members)
- The former chief accountant for the SEC says that Bernanke and Paulson broke the law and should be prosecuted
- The government knew about mortgage fraud a long time ago. For example, the FBI warned of an “epidemic” of mortgage fraud in 2004. However, the FBI, DOJ and other government agencies then stood down and did nothing. See this and this. For example, the Federal Reserve turned its cheek and allowed massive fraud, and the SEC has repeatedly ignored accounting fraud. Indeed, Alan Greenspan took the position that fraud could never happen
- Paulson and Bernanke falsely stated that the big banks receiving Tarp money were healthy, when they were not. The Treasury Secretary also falsely told Congress that the bailouts would be used to dispose of toxic assets … but then used the money for something else entirely
- Warmongerers in the U.S. government knowingly and intentionally lied us into a war of aggression in Iraq. The former head of the Joint Chiefs of Staff – the highest ranking military officer in the United States – said that the Iraq war was “based on a series of lies”. The same is true in Libya and other wars
- The Bush White House worked hard to smear CIA officers, bloggers and anyone else who criticized the Iraq war
The biggest companies own the D.C. politicians. Indeed, the head of the economics department at George Mason University has pointed out that it is unfair to call politicians “prostitutes”. They are in factpimps … selling out the American people for a price.
Government regulators have become so corrupted and “captured” by those they regulate that Americansknow that the cop is on the take. Institutional corruption is killing people’s trust in our government and our institutions.
Indeed, America is no longer a democracy or republic … it’s officially an oligarchy.
The allowance of unlimited campaign spending allows the oligarchs to purchase politicians more directly than ever. Moreover, there are two systems of justice in America … one for the big banks and other fatcats, and one for everyone else.
Big Corporations Are Also Thoroughly Corrupt
But the private sector is no better … for example, the big banks have literally turned into criminal syndicates.
Wall Street and giant corporations are literally manipulating every single market.
And the big corporations are cutting corners to make an extra penny … wrecking havoc with their carelessness. For example:
We’ve Forgotten the Lessons of History
The real problem is that we need to learn a little history:
- We’ve known for centuries that powerful people – unless held to account – will get together and steal from everyone else
Beyond Partisan Politics
Liberals and conservatives tend to blame our country’s problems on different factors … but they are all connected.
The real problem is the malignant, symbiotic relationship between big corporations and big government.