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!

Stock in Trade

To be arbitrary and capricious. To be unpredictable is the stock in trade of a consolidated capital. It is a hallmark of power: something is, or is not, just because you command it. Economically, that would be a command economy.

So we have a current macro-technical in which the relationship of a giant budget deficit and the interest rate has been improperly reversed into an ad hoc deflation of our economy in which nothing seems to make sense, cause-effect is a matter of an ideological opinion, and the uncertainty causes a high risk factor, and trepidation, of acting contrary to convention. Will raising the interest rate reverse the deflationary trend or deepen it?

Rather than rely on what we don't know, let's rely on what we do!

Consolidated capital distorts markets. The technicals just reflect an arbitrary and capricious market behavior. Things that should have value do not, things that don't do, things that have value are irrationally overvalued...valuations are entirely at the mercy of a consolidated command of capital. It is the antithesis of a free market economics.

Thus, both the problem of our economic woes has been properly identified and the solution properly induced in priority.

All we need to do now is act on it in priority.

Build the coalition for Barack Obama, 2008!

Very best wishes.