If it was happening in non western parts of the world it would be headline news in Barbados and elsewhere. Last weekend mostly young people from the world of social media in the USA instigated a protest which saw thousands protesting the actions of Wall Street. Several hundreds were arrested for their trouble. Some of us continue to monitor this event as it unravels on Wall Street. Of interest in that the famous ‘Anonymous’ has signaled his interest to join the protest by threatening to ‘Erase the NYSE from the Internet’.
Many global citizens buy in to the current money system without question. Some of us who question are quickly labelled conspiracy theorists. The signs are present that the global monetary system is under stress. We are part of the world and therefore the potential to fear fallout from an imploding financial system is real for some.
To the newbies on BU here is a quick reminder of what we refer to as the ‘money system’:
The video, should you hit play, exposes the scam of the supposed two party system in the USA and shows that, whether the Democratic or Republican party holds power, protecting (or better yet, increasing) the profits of the corporate bankster and gangster class to the detriment of the working class is always the first priority of the USA’s political establishment.
Bad laws are the worst form of tyranny – Sir Edmund Burke
“In 494 B.C., the plebeians threatened to leave Rome and set up their own independent state (concilium plebis). What the plebeians did was to literally create a state within a state…” This was due in part to corruption being rife. Morality had hit an all time low. The Caesars and the Senate ruled with a rod of iron – life was hard, “nasty, brutish and short.”
With the advent of the 19th century, French post-Enlightenment philosopher, economist and statesman Frederic Bastiat in his landmark discourse on “The Law” cites that “each of us has a natural right – from God – to defend his person, his liberty, and his property. These are the (3) basic requirements of life and the preservation of any one of them is completely dependent upon the preservation of the other (2).”
Bastiat believed that “self-preservation and self-development are common aspirations among all people. And if everyone enjoyed the unrestricted use of his faculties and the free disposition of the fruits of his labor, social progress would be ceaseless, uninterrupted, and unfailing. But there is also another tendency that is common among people. When they can, they wish to live and prosper at the expense of others…” He believed that “bad laws” perverted and corrupted by dubious individuals impeded the functional aspects of society.