Tuesday, May 18, 2010

Wall Street's Foundation of Arrogance,Corruption and Greed


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A fast spreading cancer of Arrogance, Corruption and compulsive Greed has permeated Corporate Wall Street and it has become treasonous ~ to the extent that our political leaders are increasingly seen as beholden to their power brokers and oblivious to the people: Allen L Roland

The first seeds of treason started with the repeal of the Glass/Steagal act during the Clinton Administration wherein Banks could now become Investment houses thus ushering in a new form of financialization where financial markets dominated the traditional industrial economy. Greta Krippner of the University of California Los Angeles explained that “financialization” refers to a “pattern of accumulation in which profit making occurs increasingly through financial channels rather than through trade and commodity production.”

The next treasonous step occurred in 2000 with the rigged election of George W Bush, with the help of the Supreme Court. Quickly following was the self election of Dick Cheney as the Vice President and the titular leader of the shadow presidency ~ which was totally beholden to Big Oil and the financial and global elite.

Under Cheney, Greed had its ultimate disciple for Cheney had few moral scruples and virtually no empathy. It was Cheney's role to activate or permit the ultimate act of treason ~ the 9/11 attack and cover-up ~ and parlay that into the illegal attack and occupation of Iraq as well as Afghanistan. The Military / Industrial Complex was now in full control, greed was running rampant and FEAR was and still is its principle weapon. Remember this, on 9/10/01 Donald Rumsfeld announced that 2.3 trillion Pentagon dollars was missing ~ that's $8000 for every man, woman and child in America and this was never mentioned again after the infamous 9/11 attack a day later ~ as America became quickly consumed and manipulated by fear.

When the financial mortgage pyramid scheme collapsed in 2007 the banksters of course bailed themselves out and Obama was selected in 2008 with the mandate to keep the same clearly treasonous financial rules, set up by both Cheney and Bush, firmly in place. Goldman was the top contributor to Obama's election. Now greed has turned into obvious financial corruption and arrogance as witnessed by Goldman Sachs recent stock market actions and BP's negligent Gulf oil disaster. Goldman people were involved and responsible for the original economic meltdown and Goldman people are still in positions of leadership in the Obama administration. Peter Sutherland, chairman of BP’s board for the past decade, had headed Goldman Sachs International and, in the 1990s, was a director of the World Trade Organization. Goldman is the face of the Global Corporate Elite along with the Federal Reserve and the Bilderberg Group.

As such, Obama's illegal surge and continued occupation of Afghanistan must be seen as an external diversion to hide the increasingly obvious financial treason from within. It reminds me of a famous quote from Marcus Tullius Cicero ~ "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear. The traitor is the plague."

The traitor from within is individual and compulsive GREED and it is as powerful and dangerous as the plague itself. Greed metastasizes ~ eventually all moral values and personal integrity fall victim to its lure as it slowly rots the soul of our nation as well as the Democratic pillars of our Republic.

As the late George Carlin correctly said ~ " The Corporations spend billions of dollars every year lobbying ... lobbying, to get what they want ... Well, we know what they want. They want more for themselves and less for everybody else, but I'll tell you what they don't want ... They don't want a population of citizens capable of seeking the truth. They don't want well informed, well educated people capable of critical thinking." ( 5 minute must see video )

As Danny Schechter writes in ICH ~ " The Banksters need to be stopped, but only the people can do that ~ our media and politicians, right center and progressive, are not up to the task. What we need is more than exposes but a major effort to organize like foroureconomy.org. This is the only way to fight back against a one-sided war." http://www.informationclearinghouse.info/article25455.htm

Thomas Wolfe prophetically wrote in You Can’t Go Home Again, Chap. 47 " I think the enemy is here before us with a thousand faces, but I think we know that all his faces wear one mask. I think the enemy is single selfishness and compulsive greed. "

Wall Street's foundation of single selfishness, arrogance, corruption and compulsive greed has permeated our body politic and the only antidote starts with the truth and transparency ~ which is always the foundation of true political change.

Allen L Roland

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Freelance Alternative Press Online columnist and psychotherapist Allen L Roland is available for comments, interviews, speaking engagements and private consultations (
allen@allenroland.com )

Allen L Roland is a practicing psychotherapist, author and lecturer who also shares a daily political and social commentary on his
weblog and website allenroland.com He also guest hosts a monthly national radio show TRUTHTALK on www.conscioustalk.net


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