Elizabeth Warren is the perfect person, the only person really, to head the agency that was largely created due to her efforts–the Consumer Financial Protection Bureau. Since the crash of 2008, she has been a rare advocate for the people in the midst of a Harvard/Wall St/Washington DC establishment, embodied in the Council on Foreign Relations (CFR), that unilaterally supports the top capital holders of the world and their banks. It’s rather shocking to see a publicly visible Harvard professor who has lost neither her ability to see the truth through the establishment’s fog, nor her capacity for empathy and compassion for the people beyond Harvard’s walls. But it’s awesome to see it.
On the other hand, it’s revolting to see Tim Geithner oppose her nomination (according to the Huffington Post). This is just one more piece of evidence in the already obvious case that Geithner represents the global bank cartel that has effectively foreclosed on many countries around the world and is now turning against the developed west. He does not represent the American republic, so of course he would oppose an advocate for the people like Warren.
Geithner would have no business sitting in the Treasury if its job was to serve the people. But the purpose of Treasury has been for a long time to serve as the collection agency for the global bank cartel that established itself as a permanent parasitic monopoly living off the people of the United States since the Federal Reserve Act of 1913 (see Revisiting American History). Now that the cartel has sucked as much wealth as possible from the U.S. and put it under an impossible debt load, Treasury’s job has shifted to managing the cartel’s foreclosure on the country as it restructures the world under a new global monetary system.
Geithner is perfect for this role. The people may blame him because they can see through him. He can’t sell the people on their own destruction like Harvard/Yale banker Robert Rubin could. He’s not likable like Harvard banker Jamie Dimon is. So the cartel will escape blame as it always does by using its media to focus the public rage that will emerge in the next phase of the depression not only on politicians, a staged enemy like Iran, and a general sense of corruption, but also on CFR insider Geithner if necessary (capos and hit men are readily sacrificed when appropriate). The cartel might then put CFR insider Jamie Dimon in Treasury to bat clean up and sell the American people on the final stage of the global restructuring.
The bottom line: put pressure on the administration to appoint Elizabeth Warren to this role rather than letting yet another patsy for the bank cartel takeover another agency. She will bring one small voice of the people to the government.
However, she will not be able to stop the global restructuring process. She may not even be aware of it. Stopping that will require the awareness and willpower of we the people. As I’ve said before, if we the people do not stop it, then the bank cartel and royal families are unfortunately correct that Thomas Jefferson’s noble idea of self government was just that–an idea.
I doubt they would throw Geitner to the wolves. It would spook and demoralise the other commanders in their officer corp. They might have him take a bit of heat in the media and be questioned by a house committee on TV; and of course have him replaced when he is no longer effective in the office. But it would be very damaging to their plans if Geitner’s gold stay-out-of-jail card was revoked.
I use the military jargon because I believe we are in the midst of the 3rd world war. We were led to expect it to be a nuclear war; but ask yourself, why would they destroy their own plant and capital. In fact the 3rd world war is an economic war with the aim of restructuring the economic, political and social international system. I say ‘international’ because I think they will nominally retain the nation state for now; but under a new global economic regime…for our own good of course. People like Soros are generals in this war; his hedge fund is an economic weapon of mass destruction. The 3rd world is an economic war; and it is an invisible war to the general population.
I believe we do need a new world system. Capitalism as we have it is not viable for a plethora of reasons; not least because of its irrational and destructive waste of human and natural resources. Capitalism cannot deliver the next level of human civilisation; which will be an integrated global civilisation. I believe the elite know this.
The debate at this point is not whether we ought to transit to a new integrated global system, but rather how we do it, and what form it will take in its early stages.
Elizabeth Warren for president in 2012!
I sense frustration in Warren’s monthly updates and criticism of the Treasury. Rarely can she offer answers or report progress. Her access to critical information must be extremely limited. Would this new position be any different? Probably not. If the administration represented the people’s interests, they’d replace Geithner with someone like Warren.
I’m game to apply some populous pressure while we’re still allowed to believe that the democratic process matters.
citizenk, I somewhat agree that it wouldn’t matter if she got the position. In fact it might only give the government undeserved legitimacy when it is clearly an illegitimate group serving the banks now. But I think it’s important to point out the good guys vs. the not so much.
David, I agree this war is primarily economic, like all wars. But there is a massive military component to it…we’ve been restructuring (militarily attacking) central eurasia for twice as long as WWII now, we’ve deployed to attack Iran, we’ve oddly moved into Costa Rica, we have bases in 75% of all countries. This is enraging the world much like the world was enraged at Germany, while Germans didn’t have a clue under the domestic media propaganda. This is eerily familiar. I’m becoming more confident that the end game of this war will involve some type of conquering of the US while our army starves in the desert on the other side of the world–precisely what happened to Germany.
I disagree we need a global system. We should go local, return to smaller scale human systems where relationships matter rather than going to an even larger scale with even more top-down control.
Hello Damon,
By 3rd world war I mean a war waged by the financial elite against the (at this point nominally) sovereign nations of the world – and thus the general population of the world. The primary aim at this point is the bankrupting of the nations as a prelude to the restructuring of the global economic system under a new global central banking system. Pretty much what you are saying I believe, but calling it a world war because that is its scale in terms of action and intended outcome.
The local conflicts you refer to are secondary strategic conflicts, not real wars, in the way WW2 was a real war. There will continue to be local military actions as the global restructuring chess game unfolds; but I do not believe there will be a real military world war because to the elite (and indeed for all of us) the world is their plant and capital so why destroy it. A real world war with today’s weaponry is not viable in my opinion.
I think your vision of a return to local community systems is not an option at this time. Something like that will I believe emerge eventually in the context of a mature global civilisation but at this time we do not yet have a mature global civilisation.
Our task at this time as a species is to grow up and deal responsibly with the global scale our species has now attained. We have to deal with the social, economic and environmental realities generated by the magnitude of our population, the power of our technology, and the enormous scale of our productive activities. Humanity is probably the most powerful geological force on the planet at this time and we must learn to adjust our activities to the real parameters of the biosphere upon which we rely for our sustenance and life.
This will require a total rewiring of how we live as a species on this Earth and that is the task ahead of us in this century. We cannot avoid these global challenges – in my opinion.
Thank you for your great work on all our behalfs. Your Renaissance 2.0 series is a revelation and I am recommending it to everyone I know.
What happened here? Is this a best of the worst type of selection? You don’t really believe this new agency and bill will do anything but give the establishment more power, i.e. the Fed. What’s Warren going to do with this role? Make more regulations against banks which’ll just hire lawyers to get around the regs and increase prices on us?
Damon, I thought you were for the decentralization of power. Warren believes and acts in a way to centralize power with MORE regulations. She’s rarely seen a reg she didn’t like…even re-regulation. Regulations keep the power entrenched by making the entrepreneur jump through even more hoops, creates a cottage industry for lawyers and cripples the economy overall. (Please don’t respond with, “What about the repeal of Glass Steagel?” when we have the FDIC and Fed in place. Banks acting like casinos should fail without taxpayer bailouts.)
Also, for those posting here, please stop referring to the last 100 years as capitalism. You can’t centrally control interest rates for all banks, the supply of money, bailouts for too big to fail and call that capitalism. At best it’s crony capitalism or corporatism, which leads to fascism. Words matter:-)
Hi.
It is capitalism; or rather, it is what capitalism will always become. The inevitable concentration of capital in smaller and smaller groups of super-wealthy individuals and their usurpation of the social and political order. That is what capitalism is in the real world.
I dont know if it is your vision, but there are many who have an idealised vision of capitalism as the ‘butcher, baker, candlestick-maker” local economy. But that kind of capitalism is entirely over-ridden by the mega-corporations that inevitably result from the concentration of capital.
Good to hear the voice defending the dignity of mankind in the U S A.
Great progress has been made, your mention of Jefferson shows that the light of his energy still burns bright.
Those on the dark side will always either try to Bribe ,enslave or Dupe humanity.
I have written a song about this if you dont mind I will quote a line or two.
“When the light shines brightly the darkness goes away, so it is with lies now the truth blows them away”.
So keep up the good work, we cannot afford to falter.
Damon keep up the good work. Someone mentioned Sovereign Nations. If I am not mistaken there are no sovereign nation. Just countries who owe money to the banking cartel. Isn’t it interesting that being a good person is a quaint ideal, but the psychopaths rule the world! Why? Because they do not recognize the rule of law. They obey only their base impulses. The power they impose over others is no different than what a serial killer imposes on their victims. We are ruled by serial killers with no conscience. They just kill on a massive scale i.e. Iraq and Afghanistan as opposed to one at a time Jeffrey Dahmer style. They also do not fear the law as they are above the law and too big to fail.
Damon,
This is way off topic, but consider changing the name of your organization to Council on Human (or “Humanity’s”) Renewal, CHR for short. Further in the spirit of simplifying things for the masses, consider distilling your message down a bit. You have done some great thinking, and I would love to see it communicated more broadly. I, too, am a former overachiever who has turned away from the current system, so I’d be happy to help out.
–Scot
Hi Damon,
I really like your site and what you have to say. It is so wonderful to find engaged young folks like yourself and many others I have been finding on the web. I check your site for new articles all the time. So many people forget the spiritual element in all of this. (not religion, but spiritual). So it is refreshing to read what you have to say on that level too.
Just want to add one more thing….it’s a bit off topic. I was reading the article on Gates and buffet and JP Morgan. So happy to see articles on JP Morgan. So much focus has been on Goldman while JP Morgan is just as crooked if not more so.
JP Morgan is now in my small community. I banked at WAMU for years until JP Morgan took them over. I have one major credit card and it was a visa thru WAMU. I had a good rate and it was a fixed rate. Then JP Morgan came in and took over WAMU….and my credit card. They did not tell me, just went ahead and changed my rate to a variable and raised my interest rate, even though I had never been late on payment.
2/3 of this credit card was for medical, as I don’t have medical insurance. I lost my job after the 2008 crash and crisis, due to that very crisis. So JP Morgan was behind the orchestrated crisis, they accumulated massive wealth from the crisis, and the average person is left to pay while the politicians have really done nothing but aid this national looting.
The whole thing makes me sick.
This may sound evil, but I was actually glad when I heard about those Greeks that blew up that JP Morgan in Athens. Nobody got killed, they were decent “terrorists” and waited until after hours when nobody was in there.
William K. Black would be good as well as Warren.
And I wish some JPM bankers HAD bit the big one in Athens. Humanity, in the majority, would have sided with the bombers.
Nice to see comrade Dodd has joined the fight to block a Warren appointment. Just another bit of evidence that shows the entire political system in the US is completely corrupt. Why can’t regular folk see this for what it is? I wish the information on this site and others like it (although there are very few) was disseminated the way a Lindsy Lohan story are in the US, daily and repeatedly. I know that’s impossible, but I so yearn for sanity in society.
I really want to fast forward to a just and compassionate civilization if it really is possible to have one. Otherwise, I would rather we just turn on the burners and extinguish this nightmare called humanity and let the planet start another evolutionary attempt at an enlightened consciousness.
Sorry to be so pessimistic, but this shit has been getting to me lately. These parasitic elitests are the worst examples of humanity, scum with human DNA. They are truly psychopathic. But our collective lack of response or even awareness of alternatives is equally disheartening.
There are brief moments when I can see their (the Kleptocrats) Machiavellian plans starting to crack and I raise my hopes a bit, but just as quickly they seem to gain new ground and more of life is destroyed and my spirits plummet once again. This is truly a spiritual purgatory and is quite difficult to witness.
Nice to be able to vent to kindred spirits, but I am itching to get on with it! I want to take this fight straight to their homes and their comfort zones and show them that decent human beings will not permit a conceited group of megalomaniacs to define life on this planet! I hope we have the collective ability to take down these craven bastards and return this planet to it’s true mission of enlightened evolution and a manifestation of spiritual and intellectual growth.
Not sure if that makes any sense, but it felt good to say it. Thanks for letting me vent.
Just want to support and agree with your comment and vision Michael.
It can get disheartening as you say and I wonder myself will humanity make it through this darkness to the next level of its spiritual evolution. I am an optimist…long-term. I will try with what lifetime I have left to participate consciously in the process by awakening the people around me as best I can…or at least annoying them in their sleep
Great comment. Thanks.
“Some people just want to see the world burn.” Alfred in the Dark Knight.