Financial Coup d'etat

In a recent email, I ask some friends about the possibility of us experiencing a financial coup. Many countries have experienced military coups which are generally very obvious what with all the shooting, but a stratagem spread out over several generations may not be quite as obvious.

Some attribute the possibility of this happening to the passage of the Federal Reserve Act in 1913 and while I see this as one of the major steps in such a process, I believe the ball was dropped when Lincoln usurped his Constitutional authority in 1861 and called for troops to "preserve' the Union, thus setting precedent for ignoring Constitutional constraints.

Some may even point back further to the writings and influence of the Federalists and the central banking ideas. (At least during the time of the Federalist papers, the states still had the choice to ratify or not.)

Either way one looks at it, though, I would suggest that we have seen the total takeover of the state via the economy.

Dictionary.com defines coup d'etat as, a sudden and decisive action in politics, esp. one resulting in a change of government illegally or by force.

One must acknowledge the immense amount of corporate influence in the federal government. This influence is not confined to the financial sector, though. To understand this, the reader need only look at the public positions that are held by former execs.

Goldman Sachs is a prime example of this. Henry "Hank" Paulson, Treasury Secretary, left his position as CEO of Goldman Sachs to accept the nomination the Federal Reserve Chairmen. It should be noted that the Federal Reserve board has most recently approved the transition of GS from an investment bank into a commercial bank giving them more access to "emergency" loans.

GS alumni have or do hold various public positions such as White House Chief of Staff, state governor, three Treasury Secretaries, U.S. Trade Representative, and Deputy Secretary of State to name a few and that is just Goldman Sachs!

One could go on and on if he were to look at each corporation.

This is just one area in which government is affected by corporate interests. One other that cannot be left out is the fact that so many of these execs are also members of the Council on Foreign Relations which becomes the means of access for the private interests of corporations into the state.

Thomas Jefferson warned us that the establishment of banks is more dangerous than standing armies and that the "central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution."

Now here we are in 2008 and not only do we have a central bank, but through the inflation of currency we are seeing the establishment of banks through direct investment by our government. One should look no further for proof of the coup d'etat than H.R. 1424 (Emergency Economic Stabilization Act). It did not matter that it was unconstitutional and individuals overwhelmingly made their opposition known to their respective Representatives.

We are now more than ever considered resources for the state. The coup has occurred, make no mistake about it.