Saturday, October 25, 2008

Function of Crisis and Bailout

Interlocking the Directorate


The financial crisis and the bailout functions to organize a directorate that is otherwise illegal to avoid the tyranny of command economy.

Interclocking directorates is illegal because it is fundamentally anithtetical to democracy and a free-market economy, but is argued to be a necessary condition in theory and practice so that The People will not suffer tyranny by ensuring its organized practice.

The People are too sophisticated for this hoax!

The bailout money--the TARP--had no legislative directive because that would be socialism. The effect is to interlock the directorates in the private administration of power with the legitimacy of public authority. The difference is that the private administration will tend not to produce results that are favorable to The People, like ensuring a free market will, but to administer their exploitation in their self-interest by bureaucratic directive--by command.

Not using the bailout funds to ensure a free and unconsolidated marketplace in which The People are in command will result in forcing the legitimacy of the socialist alternative.

If you do not want socialism, do not organize the political economy as it is being organized now with the crisis-management funding from the top down.

The more consolidated the capital becomes, the more probable the switch to a socialist administration of the state and capital from the top down--a confirmed command economy.

McCain's economic plan will continue the consolidation of capital that causes crisis and the need for command and control. It is the elitist model of power that will not empower Joe Six Pack, but enslave him to the arbitrations of a bureaucratic command elit whether organized for state capitalism or state socialism.

Top-down legitimacy for the administration of power is always subject to an illegitimate administering and is not easily accounted for or made accountable. Isn't that the neo-conservative plan?

It is possible to secure the ends of freedom by ensuring its means.

Obama/Biden 2008!

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