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News Link • Economy - Economics USA

Karl Denninger: How Long Before You Wake Up, Politicos?

See, our economy wasn't ruined by accident. These crimes of economic activity were every bit as destructive, if not more so, than the bank robber, rapist or even murderer is. These economic offenses have literally dispossessed millions of Americans of everything they once owned. They have destroyed the hopes, dreams, and lifestyles of entire cities, sent tens of millions of jobs overseas into slave labor camps and stripped off the wealth of our nation through the issuance of securities that were worth nothing, just to add insult (and yet more profit for these banksters) to injury. Take a drive through Detroit if you doubt me, if you dare, and are appropriately armed to defend yourself (you'll need the latter, especially if you're white.) As I noted above the bad news is nowhere near being over. We're denying as a nation, as corporations, as politicians and as people. You've drank your coffee and eaten your donuts, but what you haven't done is taken the initiative and marched down onto Wall Street and K Street (in DC), along with the myriad bankers, mortgage brokers and yes, even borrowers who were lying and cheating at the same time. You should have broke out the handcuffs by the crate-load and frog-marched these people into the dock en-masse over the last two decades, but you didn't. You should do it today, but you won't. I know, you don't make the laws and you just follow orders from above. But you're who we see. You're "The Badge" or "The Squad." And what we, the people don't see is perp walks of those people who richly deserve it - who have in fact broken the law and destroyed our nation's economic vitality for their own personal profit. Remember, ladies and gentlemen, no matter what branch of law enforcement you hail from, your primary oath was not to a person. It is not to your commander, your captain or your squad. Your oath is to The Constitution. You swore to defend that Constitution against all enemies, foreign and domestic. You swore to God and countryman alike, and your oath does not have a "use by" date at which point it expires.

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