Last Man Standing

(Click title above)

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CONSPIRACY THEORISTS:

Americans might be considerably less prone to conspiracy theories if there were any significant evidence or experience of our government actually paying heed to what the citizenry as a whole needs or votes for.

As things stand, we just keep getting hosed by special pork dealers and money ruling, N.W.O. minded elitists. We seem to be on a greased track towards undisciplined free fall into despotism, with competent leadership not in sight — not in mainstream politics, not in mainstream academia, not in mainstream media.

Last Man Standing:

Should humanity, like one big wolf pack, be subjected to the abuse, bluff, and management of Alphas, or Last Dictator Standing? Or, may human civilization reasonably aspire more to foster and preserve individual freedom and dignity?

Of dictatorships and powers behind thrones: In a “First World,” power often seems based on financial hegemony (such as for “America’s Owners”). In a “Second World,” power often seems based on ruthless cult of personality (such as for Russia, China, North Korea, or the Mafia). In a “Third World,” power often seems based on religiously whipped up, death-cult, tribal-fascism (such as for Iran, or Saudi Arabia).

But, how much must individual freedom and dignity be sacrificed, so that technology, trade, and travel can be safely monitored and controlled, so that no individual, unwatched person is availed to put the world to risk of massive devastation, such as by deliberate spreading of viral technology or of incitements to unsustainable populations or mass environmental abuses? How and to what extent should sacrifice of liberty be mediated in such cause?

In the First World, well positioned financiers presently stand poised to stampede Western Civilization to harness its taxpayers to voluntarily assume unconscionable debts.

How did we get to this point, and what can or should be done?
What are the forces and factors in play?

-- Would-be borrowers have needed credit, so they can borrow money to start or expand businesses or to buy durable consumer goods and homes.
-- For the sake of social stability, borrowers have often needed to be protected against irrational expectations, desires, and willingness to undertake unrealistic or usurious debt obligations.
-- However, bottom-scouring politicians (Barney Frank), seeking easy votes from irresponsible borrowers, put the faith and credit of the nation behind a tsunami of bad mortgage loans.
-- Meanwhile, revolving-door lobbyists and “regulators” plotted to take advantage when such Ponzi pyramid eventually failed, as it had to.

Lenders also have needed to be protected or regulated against competition driven by base, cannibalistic impulses.
Lenders need to be checked or managed, so they do not cannibalize unwary borrowers or each other, using techniques that imperil social stability.
Investors need trustworthy, transparent information and incentives, to help them evaluate whether or when to deposit or invest in lending institutions and/or business stocks.

Of course, high rollers tend to believe transparency for the evaluation of stocks is for “the little people.”

Apart from inside information, successful lenders and investors have conceited ability to sniff or foresee for taking advantage of unstable, volatile, lack of foresight among competitor lenders and businesses.
-- Successful lenders, investors, and business operators have conceited to foresight for anticipating, manipulating, priming, pushing, or tipping social volatility, in order to plan to have options in place to take advantage quickly.
-- Successful operators have practiced protocols for leveraging, managing, inciting, and tipping deceit and disinformation, to take advantage of instabilities.
-- Successful operators have expected and planned to take advantage once instability begins teetering, regardless of how the situation unfolds or tips, even if it leads to a cascade of other tips, falls, or failures among competitors.
-- Successful operators have learned how to assert control over others by using stampeding threats, like threats of “financial suicide bombing.”
Successful operators have nurtured alliances among others, like gangs conspiring to leverage together, to incite and take advantage of instabilities.

In patriotic good faith, can ordinary civilians and their representatives, not wishing to dominate others, or the globe, work together to preserve faith and credit in currencies for facilitating fair trade?

Can ordinary civilians, in respect of freedom, dignity and independence, unite to check, balance and protect against power-vacuum ploys by would-be financial wolfs?

Can ordinary civilians bring to heel presidents and regulators who may be biased towards international operators and wolfs, to require government, when there gets to be too wide a gap between those with advantages for money-leveraging and those without such advantages, to develop and use tools for proportionately resetting or redistributing money-leverage, income, or wealth?

Of course, for that, our present governance has failed and has shown no inclination. For that, our present governance has spurred the proportionate reduction of the non-financially elite to undemocratic status as debt slaves.

So, now, how should control freaks be checked, insofar as they are trending to sponsor too wide a gulf in comparative wealth and power, so that ordinary people may once again be protected against being terrorized or harnessed into debt slavery?

How can First World ordinary civilians reassert political control, to put an end to games of Global Dominance, so that public-backed financial institutions, profiting from the faith and credit of the nation, are not exploited merely to push us to evolve towards a Last Man Standing? What is at stake?

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SEE: http://www.americanthinker.com/blog/2008/09/burning_down_the_house.html.

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DIRECT CURES:

http://www.realclearpolitics.com/articles/2008/10/accounting_and_fdic_reform_bet.html:
Another direct fix for frozen credit markets would be an FDIC program to restore bank capital that has disappeared in the downward market spiral. Former FDIC Chairman William Isaac suggested last Saturday in a Washington Post op-ed that this could take the form of "net worth certificates" issued by the FDIC to troubled banks that need time to work out of their problems. This approach worked well in the savings-and-loan crisis of the late 1980s.

http://www.powerlineblog.com/archives2/2008/10/021665.php:
There are a number of measures that can be taken to address the liquidity crisis; some already have been. Revision of the SEC's mark-to-market rule should help considerably to free up banks' lending capacities. Likewise, extension of the FDIC limit from $100,000 per account to $250,000 will help prevent runs on banks. Other relatively modest regulatory measures are no doubt available that will also make incremental contributions toward freeing up national and international credit markets.