Saturday, May 5, 2012

A World of "Thieving Financiers": Vendor Arithmetic, Underhanded Capitalism

"The world belongs to humanity, not this leader, that leader, kings or religious leaders. . . . Each country belongs essentially to their own people." Dalai Lama

At times, something seemingly insignificant, when thought about deeply, reveals truths that the establishment seeks to keep hidden, the most important of which is the real purpose of a nation's existence. Most Americans, for instance, believe that America exists for their benefit and they expect the nation's institutions to serve their needs. But astute observers know that history proves otherwise even though the Constitution clearly states what the nation was established to do.
"We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."
Notice that the phrases, "promote business" and "protect property" do not appear in this paragraph, but "promote the general Welfare" does.
In fact the Constitution to this day contains nothing about Capitalism or any other economic ideology. The document is completely neutral as Justice Holmes, dissenting in Lochner v New York writes:
"[A] Constitution is not intended to embody a particular economic theory, whether of paternalism and the organic relation of the citizen to the state or of laissez faire. It is made for people of fundamentally differing views, and the accident of our finding certain opinions natural and familiar, or novel, and even shocking, ought not to conclude our judgment upon the question whether statutes embodying them conflict with the Constitution of the United States."

Nevertheless, the Supreme Court has enshrined laissez-faire Capitalism in constitutional law for much of its history, and Justice Powell made it quite clear in his writing that he considered that to be the Court's primary function.
The disingenuousness of the practice has made obvious injustice legal and the American people into mere means to serve the system's nefarious goals. Whenever and wherever necessary, the people must suffer to preserve the system. The practice violates the Constitution on two accounts: it establishes injustice rather than justice and hinders rather than promotes the general welfare.
To see how this works, consider this simple business claim that most readers will have heard or read numerous times in various forms: An executive of a local electricity provider went on television recently complaining about people stealing electricity by tampering with meters. He said the theft costs honest customers thousands of dollars in higher electricity costs and should be stopped. The same claim is made by merchants about shoplifting and automobile insurance companies about insurance fraud. The claim is accepted silently; I have never heard of anyone questioning it. So let's look at it carefully to see what can be learned from it.
The electric company sells electricity at a published rate of usage. If honest customers are being charged for the losses the company experiences because of thieves, the company isn't losing any money. Why are they complaining? What's happening is that the company is charging honest people for the actions of the dishonest. That's neat for the company but it's hardly just. If a person's home is burglarized, the person can't get back the loss from those honest people who had nothing to do with the burglary. What companies are allow to do is steal back what they have lost from honest people. If that were made into a general legal principle, it would read something like, you may steal from the innocent what others have stolen from you. Of course, the judicial system contains no such principle, but it acts as if it does when a business is involved.
To protect ourselves from theft, ordinary people must buy theft insurance. Why aren't companies required to buy it or else tolerate the losses? Is it because the system exists to protect the property of businesses but not the property of ordinary people? How many people seeking office who flat out told their constituents that do you believe would be elected?
read full article here A World of "Thieving Financiers": Vendor Arithmetic, Underhanded Capitalism

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