Financial Reform: How to Manipulate the Mob

How many of you recall when Rahm Emanuel stated that you should never let a crisis go to waste?  When you really dig down into that statement it’s actually quite frightening.  He made this statement back in 2008 and his basic belief is a crisis allows us the opportunity to do things we could not do before.

The below clip aired in 2008, of Rahm Emanuel talking about never wanting a serious crisis to go to waste.  You know like the so called health care crisis we were all experiencing.  They sure didn’t let that perceived crisis go to waste.  They passed one of the most intrusive, liberty stealing, unconstitutional law this nation has ever seen with zero bipartisan support.  Completely ignoring the will of the majority with little or no open floor debate, Nancy Pelosi and her gang of progressives rammed it through.  Now once again we’re facing a perceived crisis in the financial industry.  And just like the health care crisis, special interest groups are lining up to throw their support behind the bill.  Even Wall Street supports this so called crackdown.  Have you ever asked yourself why?

Well I have and let me tell you the rabbit hole runs deep with this one.  The simple answer is that Wall Street knows that the writing is on the wall and there is little they can do to win over the public.  The politicians that created this mess have managed to shift the majority of the blame on Wall Street and it was easy to do.  Why was it so easy?  First off Wall Street is an easy target.  When people think of Wall Street, shameless bankers sticking it to the little guy usually comes to mind.  This administration has successfully convinced the uninformed or misinformed public that banks are evil and that they caused the meltdown.  The average person could care less about derivatives or short selling; they’re looking for the easy explanation they can relate to.  So throw in some words like Wall Street “Fat Cats” and “Evil Bankers” and the masses are satisfied that banks are bad and more regulation is good; even though this regulation will span across all banks to include the smaller ones.  And oh yeah, those smaller banks will be the ones that suffer the most.  Yes that’s right those same small banks that fund dreams, like small businesses, car loans, and mortgage loans will be forced in the same boat as Citibank, Bank of America, and Wells Fargo.  And guess which banks have the ears of the politicians.  Now some will say that I’m selling the public short and I’m insulting their intelligence, but I believe I’m pretty much spot-on with this observation.

The reason I say this, is for the most part it is easier to buy into the lie than believe the truth.  The lie takes us to a place where the elected officials are looking out for our best interests and they’re trying to do what is best for us and the nation.  We all want to believe this, so most of us just do.  They reinforce their lie by parading out all those evil investment bankers in circus like atmosphere in front of Congress to explain their actions.  We can now see the enemy and cheer on our representatives for standing up for the middle class.  The inquisition becomes a series of talking points that can be used by the politicians during their next run for office.  Timing is everything.  Now if we only had a mini crisis to speed the process along.

Well look here, the stock market plunged 1,000 points in a few minutes.  Was it because of a computer glitch or a fat finger mistake?  Was it because of Greece in the financial meltdown they’re experiencing?  Well the truth is no one really has pinned the tail on that donkey, but it really doesn’t matter.  The perception of the crisis has been achieved and now we must act.  Why just a few days ago Senate Banking Chairman Chris Dodd (D-Conn.) stated, We need to get in place our bill, have the president sign it, so we have the tools to protect our economy from these kinds of events.”

What kind of events Mr. Dodd?  The stock market plunge that no one has a good explanation as to why it happened, or the taxpayer money going to Greece through the IMF to help bail them out?  He further went on to say, “We would have a set of eyes, not just one set of eyes, at the Federal Reserve looking over the horizon.” How can an extra set of eyes prevent what happened last week?  This event happened in a few moments.  Additionally how can a piece of legislation address a problem that no one really understands the cause behind it?  You see like I said it really doesn’t matter.  The crisis is perceived and the people are anxious.  Don’t let it go to waste.  Timing is everything.  Push the financial reform bill through and if the Republicans try to slow it up, come out and say that they are in bed with the Wall Street “Fat Cats” and don’t care about what happens to our money or economy.  Make them appear as if they are the enemy of the middle class, even though it was the Democrats who lined their pockets with Wall Street dollars.  It’s a strategy that has worked for the Democrats for a long time; because they can create the illusion that they’re actually against Wall Street and for the middle class.  And this strategy works because it’s all about appealing to your emotional side.  The Democrats are masters at it.

By the time the Republicans react with the facts, the sale is complete.  You have your crisis and now the opportunity to affect change can occur.  They have managed to successfully manipulate the mob with a few well placed lies, a congressional side show, and a perceived crisis.  All we’re missing now is some torches with pitchforks to storm the Wall Street castle.

Watch Rahm Emanuel below.

Folks the Democrats have gotten away with demonizing our capitalist system for a long time.  They have actually managed to create an environment that doesn’t foster confidence in our system, but plants the seeds of doubt about it.  Trust me this system is working for a select few.  The same select few who are writing bills that benefit themselves and Wall Street at the expense of the free market system and the taxpayer.  Don’t fall for this because the beauty of our free market system is that anyone can succeed if they come up with an idea and obtain the backing to implement it.  The only thing this bill does in my opinion is protect the established while further dismantling our free market system.

These companies are banking on you to bail them out the next time they make poor decisions.  The free market system isn’t as forgiving.  And that’s exactly why they support this bill and that’s why you should oppose it with every ounce of energy you can muster!

Liberty forever, freedom for all!

Original Post: The Current

Image Credit: The Current & Stand Up For America

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About the Author

John Carey I have been blessed my entire life with good friends, loving parents, and a supportive wife. I have a profound love for America, our Constitution, and free market system. I believe that the unalienable rights of life, liberty, and the pursuit of happiness are not granted by the government, but protected and secured by a limited government with limited powers. It was the states that created the federal government, not the federal government that created the states.