Papantonio: Bankers Pose Massive Threat to American Democracy

[GoLeft TV]

When Jefferson told us that the banking institutions would be “more dangerous than standing armies,” he had no way of foreseeing the TARP treachery that bankers have pulled off with $800 billion of taxpayers’ money. But in 2008, Obama saw the beginning of that treachery when he watched America’s most powerful bankers grovel like pathetic paupers begging for handouts. They had been piggish, incompetent, sociopathic failures, and they needed welfare tax money.

[yurbud]

1. and next to nothing has been done about it.

[tama]

2. Much has been done

and is being done to suppress our natural inclination to "horizontal" democracy and freedom by the mafia, for the mafia, what Jefferson calls 'tyranny'. Standing army and banks have evolved into ever more sophisticated means of violent oppression, hypnosis of masses and suicidal robbery of life and planet.

First step of resistance is to stop doing. To "drop out" from the mafia system, so that you can begin to "tune in" in the current of life and beauty, center your life and let your actions flow from heart.

[yurbud]

4. horizontal democracy is a good name for it

[tama]

6. Yes

From what I've learned while a go, the post revolution generation(s) in Argentina call themselves 'horizontales'. To keep the revolution and democracy going on.

[freshwest]

3. Excellent video. They'd destroy the entire nation because they only operate here. Jefferson said:

Merchants have no country. The mere spot they stand on does not constitute so strong an attachment as that from which they draw their gains.

Their power has grown so great by our labor, they are holding the life of millions of people by threatening to shut down the government. The
Democrats know they would do it with a smile and a hearty laugh, for they have faced the Beast. Americans don't realize the risk they are in, so they stood back and allowed the GOP to extort the government every time Congress meets.

In order to have a government to argue about rights and a Bill of Rights and the Constitution, we must have a working government. Plutocrats don't need these documents from protection from us. It's the other way around. Plutocrats like Romney have money abroad, and could set sail for another country while this place devolved into chaos. In fact, they're betting on it right now.

The American people can keep a government or surrender it to the 1% who are actively paying their stooges to sell it by refusing to vote or work to make the institutions stronger. The Koch Bros., US CoC, and Libertarians want the government to go away, not stand in the way of their profit by regulation or taxation. If we hate the government that much, we shouldn't fool ourselves. Because democracy would not magically result by its being destroyed.

This is what Obama was confronted with, those who would make a profit if Treasury defaulted:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x4912555

[Dirty Socialist]

5. Hooray for Banking Deregulation!!!

and Savings & Loan deregulation!
and Accounting Practices deregulation!
and Mortgage deregulation!
and Oil Speculation deregulation!
and Wall Street deregulation!

/snark

[BrainMann1]

8. Banking deregulation

is a start but he's right why aren't these guys being prosecuted? I will find out because I have respect for this president.

[tama]

9. Respect for all men

And there's good black on white trail to support the theory that J.F.Kennedy was murdered because he was going to create new US currency under Treasury to replace Federal Reserve bills. Why aren't "those guys" prosecuted, why is Wall Street protected by all means of violence, etc.?