THE USE OF KNOWLEDGE IS POWER

In A Time Of Universal Deceit, Telling The Truth Becomes A Revolutionary Act. (Orwell)

ALL TRUTH PASSES THROUGH THREE STAGES; FIRST, IT IS RIDICULED, SECOND, IT IS VIOLENTLY OPPOSED, THIRD, IT IS ACCEPTED AS BEING SELF-EVIDENT. (Arthur Schopenhauer)

I WILL TELL YOU ONE THING FOR SURE. ONCE YOU GET TO THE POINT WHERE YOU ARE ACTUALLY DOING THINGS FOR TRUTH'S SAKE, THEN NOBODY CAN EVER TOUCH YOU AGAIN BECAUSE YOU ARE HARMONIZING WITH A GREATER POWER. (George Harrison)

THE WORLD ALWAYS INVISIBLY AND DANGEROUSLY REVOLVES AROUND PHILOSOPHERS. (Nietzsche)

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Sunday, November 8, 2020

What We Don't Elect Matters Most: Central Banking and the Permanent Government

November 04, 2020

If we avert our eyes from the electoral battle on the blood-soaked sand of the Coliseum and look behind the screen, we find the powers that matter are not elected: our owned by a few big banks Federal Reserve, run by a handful of technocrats, and the immense National Security State, a.k.a. the Permanent Government. These entities operate the Empire which hosts the electoral games for the entertainment and distraction of the public.

The governance machinery controlled by elected representatives is tightly constrained in what it can and cannot do. It can't do anything to stop the debasement of the nation's currency, which is totally controlled by the Politburo of the Fed, nor can it do much to limit the Imperial Project, other than feel-good PR bits here and there.

The president wields vast powers but even the president is powerless to stop the debasement of the nation's currency and the enrichment of bankers, financiers, corporations, etc., who fund the campaigns of the gladiators, oops I mean politicians.

If we set aside the term Deep State and simply call it the unelected machinery of governance (Permanent Government), we get a clear picture of its scope and power. Presidents, senators and representatives come and go, but the machinery of Empire grinds on, decade after decade.

A great many people and places in America don't matter to the Fed or the Permanent Government, and so they've been abandoned to their fates. The darlings of the Fed and Empire are clustered in Silicon Valley and other urban hubs where the technological and financial machinery of global hegemony are fabricated and maintained.

Those far from these centers of banking, finance and Big Tech have little to no stake as owners of meaningful capital. All they have to sell is their labor, and that's been losing purchasing power for decades as financialization and globalization have stripmined rural America and enriched the bankers, financiers and speculators who serve the Fed and unelected Permanent Government.

The Fed and the Permanent Government have been very, very good to the few at the expense of the many. Look at the chart below at America's complete dominance when measured by the soaring wealth of its top 1% power elite: We're Number One in wealth, income and power inequality, yea for the Fed and the Empire! And we don't have to elect them--they elect themselves.

By Charles Hugh Smith

A Hacker's Teleology: Sharing the Wealth of Our Shrinking Planet

Read excerpts of the book for free (PDF).

The Story Behind the Book and the Introduction.

A Hacker's Teleology: Sharing the Wealth of Our Shrinking Planet 

Read the first section for free (PDF).

Will You Be Richer or Poorer?: Profit, Power, and AI in a Traumatized World Read the first section for free (PDF).

Pathfinding our Destiny: Preventing the Final Fall of Our Democratic Republic 

(audiobook): Read the first section for free (PDF).

The Adventures of the Consulting Philosopher: The Disappearance of Drake  read the first chapters for free (PDF)

Money and Work Unchained Read the first section for free (PDF).

Podcasts:

AxisofEasy Salon #28: Today's show is brought to you by the letter K(leptrocracy) (1 hr)

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https://charleshughsmith.blogspot.com/

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