Corruption Leads To Corruption Leads To Today

Some time back I listened to Ezra Klein interviewing journalist Anand Giridharadas, The Infrastructure of Jeffrey Epstein’s Power, discussing how the networks Epstein set up worked. It was just so enlightening and I’m still thinking about it, seeing it everywhere…

Of course there were the people, like Trump, who were part of raping young girls, attending the parties, etc.

There were the people who did not engage in the worst but benefitted from the connections Epstein offered. They knew about the worst because he had already been convicted the first time, but they benefitted from the connections and that was what mattered to them.

Earlier than that there were people who saw it happening, knew about the girls and the parties and just thought boys will be boys and laughed. That’s what women and girls were for! It’s just the way it is.

There were lots of people who participated in letting Epstein off that first time. There was the entire crowd at the DOJ who stepped in and took over the prosecution and let him off easy and ordered everyone to keep quiet about it! There were the people who saw this happening and said nothing. This was how things were done and that’s the way it is and if you want your career you’ll keep your mouth shut. And so they kept their mouths shut.

An Entire System Of Corruption

After all, everyone knew that corporate executives and the very wealthy and certain politicians and powerful people like them were above the law. That’s the way it is and if you want to keep your career you’ll sign the NDA and keep your mouth shut.

This was just one part of an entire system of corruption and acceptance of and expectation of corruption built up over the years and it was of a part with the entire system of letting fraudsters and money-launderers and corporate criminals and an entire class of predators get away with harvesting the public for profit. No prosecutions of executives for anything, ever. Polluters. Tax dodgers. Bank executives who crashed the economy with fraud. “Lobbyists” who exist just to pay off politicians. Government regulators who keep their mouths shut and don’t make waves or rock the boat, then leave government and are given lucrative jobs or contracts or “speaking fees” thanking them for their service to the system of corruption.

A corrupt Supreme Court that has now legalized that system of bribery. Every day that all just got worse and worse until we have what we have now – a King and his family and the fascists around them raking in billions and billions.

The Dirty Hippies Who Refused To Participate In The Corrupt System

What stood out to me was there also were people who were repelled by it and wanted nothing to do with it and refused to benefit from the connections, favors & gifts and other things Epstein was dangling. They told associates to keep away from him and keep him away from anything they had to do with. Those are the ones the Trump admin is going after now because of that, prosecuting, etc. They are the “dirty hippies” who protest and show up at marches. They are the people who try to protect their neighbors from being taken away by masked thugs in unmarked vans.

So I recommend listening to:
The Infrastructure of Jeffrey Epstein’s Power
The journalist Anand Giridharadas examines the power and influence that Jeffrey Epstein brokered and that the latest batch of Epstein files puts on display.

Crypto Crash – The Serious Money Is Betting Trump Will Fail

The crypto crash means the “serious money people” are betting that Trump will fail.

When crypto started to become big money serious investors got involved. Serious investors do real analysis and usually know what they’re involved in. Sure, there are the dupes out there who think crypto has real “value.” But the real money in crypto comes from real investors putting millions into it and doing some degree of actual analysis of the risks.

Crypto’s only real use is crime. Its “use case” is ransomware, organized crime, bribery, fraud. With Trump there is the “rug-pull” fraud use case where you “issue” crypto coins, people place bets, and the issuer pulls the rug and cashes out. (Note – When you buy crypto you are giving crypto owners liquidity – backing the ability of criminals to cash out after their ransomware/bribery/whatever score.)

“Investing” in crypto is really just a bet on criming going up.

Crypto’s price went up and up because the real money made bets that Trump is going to be able to keep the crime racket going, even increasing it. They also believed the US government would step in and back it, buying up billions and maintaining its liquidity. A bet on crypto was a bet on Trump’s success at imposing a mafia state on the world.

So by pulling out and crashing the price, the “prediction market” of crypto – the big players – are betting that Trumpism isn’t going to succeed.

The Benefits Of Trade And Automation Were Stolen From Us

The capitalist economist’s argument for “free trade” was the Jetsons Economy argument: the future will be glorious. They explained that when you move production to places where workers were paid less, everyone here would benefit because it freed up resources that would be applied to better jobs with higher wages, more free time, etc. The resulting gains would benefit everyone. And everyone where the jobs were moved to would also benefit from climbing the same ladder.

Sounds nice. A democracy would have made sure that was written into trade agreements, for everyone on both sides: The gains must be shared by everyone.

Same for automation, technology, etc. The gains were supposed to go to everyone. A democracy would have guaranteed that’s what happened.

A democracy would certainly have outlawed what did happen: Big money used “free” trade and automation/technology to pit workers against each other to force wages and benefits DOWN, with all the gains going to the top few.

What actually happened is that the Jetsons economy was stolen from us.

The Brand-Name “NAFTA”

All of this and the consequences — the benefits of trade and automation going to the top, everyone else forced ever downward, homes lost (and bought up by private equity to rent back to the former owners), factories closed and abandoned to rot, businesses closed and replaced by private-equity-owned chains, communities destroyed, etc – is covered by the brand name “NAFTA” for voters who were affected by this. That’s a big part of what brought us Trump and destroyed the Democratic party in the minds of all those voters.

Why Blame Dems?

Those textile mills and furniture manufacturers and all the rest of the manufacturing that went away when the Jetsons Economy future was stolen, the hollowed out cities with abandoned stores & homes downtown, ringed by private equity chains in malls out by the highway, bitter people forced out of the middle class blaming Dems for what happened to them…

The dilemma: This stuff branded NAFTA was a Republican/Wall Street neoliberal project all along but some Dems went along with it. Carter with deregulation, Clinton with trade, Obama with Wall Street. Wall Street/corporate money and propaganda getting them into office. (The famous chart showing the split between productivity and wages started under Carter/Volker. Then driven home by Reagan.)

The reason it’s identified with Dems more than Republicans now is that Dems were supposed to be the party of labor. The Democrats were supposed to protect working people from the things big money wanted to do to us. So Dems get the blame for breaking that wall of solidarity.

It’s like how Dems get the blame for things every single Republican is doing. We expect Republicans to be the party of capital, not Dems. Of course it wasn’t all elected Democrats who did this, but the capital bought enough Dems to get away with it.