Pathocracy Has Arrived with Climate Politics
Tom Shepstone
Shepstone Management Company, Inc.
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Corporatism is ruining America and the West. The merger of big business and government is fascist by definition and is prevalent throughout society today.
Corporatism and its variants are killing us. Ideology merely serves it and is not the principal problem we face, although one might imagine so from watching all the bizarre pathological behavior I wrote about here. A closer look at who enables this behavior, though, shows us it is all about the money and protecting the corrupt system that allows those who possess it to unjustly enrich themselves with ever more of the green stuff. Indeed, the war in which we are now engaged is no longer about left vs. right. It’s no about us versus a thoroughly corrupt establishment.
The COVID debacle showed us Big Pharma was able to effectively dictate the policies of government. But, when it comes to corporatism, no one tops Big Banks, as this story illustrates. Here is all you need to know (emphasis added):
According to recently revealed court transcripts, in the US Virgin Islands lawsuit against J.P.Morgan, in the aftermath of Epstein’s death the massive bank reported over $1 billion in suspicious activity reports to the U.S. Treasury…
According to the astonishing revelations, the entire financial relationship between Jeffrey Epstein and JPMorgan was centered around payments for sex trafficking. There was no other business between the two entities in the 16 years of Epstein’s use of the bank. All of the Epstein account transactions were based around his sex trafficking operation…
The full scale is obviously unknown; however, if J.P.Morgan is reporting $1 billion in transactions that might be considered risk for them, we can only guess at the amount of the total transaction through the bank.
Keep in mind, J.P.Morgan already agreed to pay the Epstein Victims $290 million {GO DEEP} to make the victim issues go away…
Pulling back to the 30,000-foot view, how the bank was operating certainly does start to make the shadows in the background become more visible. After all, the U.S. government relied on J.P.Morgan to stabilize the banking sector recently…
The activity of the political industry takes place below the power structure of the financial system. The banks control the politicians…
This is the apex circle of influence, where Jeffrey Epstein operated in concert with the banks – who then facilitated his operations and were regulated by Epstein’s clients.
This is the essence of corporatism, with Jamie Dimon, CEO of J.P.Morgan, playing the role of High Priest. He tells government what he wants and what he’ll pay in favors and, presto, it happens. He knows the politicians will deliver because they’re every bit as corrupt as anyone in the Big Bank world. And, if you think the sex trafficking is anything but leverage to make the government work for J.P.Morgan, consider this little feature from its website. It’s titled “3 ways treasury can make an impact on ESG goals” and says the government should do several more things for Big Banks:
- Spearheading collaboration across business units [facilitate our collusion]
- Setting short-term and long-term goals that align with company ESG objectives [do what we demand]
- Reporting to internal and external stakeholders [keep the ideologues happy]
- Providing access to financial incentives for green allocation [give us subsidies]
- Setting minimum ESG standards for doing business with counterparties, including banks, vendors and others [make all the business come to us]
- Automating processes and considering digital tokens for more efficient transactions [give us a digital dollar so we can literally control everything]
Such is corporatism today. Like Big Pharma, Big Banks tell government what to do and what to say.
There are also new players (or the same old players with different hats). Among them is Big Wind, which we learn about in this excellent post at Public. Note how corporatism works in this instance, as taxpayer money is sent to Big Wind from the cruelly in-your-face named Inflation Reduction Act and then large chunks of it come back to the Democrat politicians behind the fraud who repeat the action over and over again with a combination of outright gifts of cash and crucially valuable impositions and taxes on ratepayers. It’s traditional political corruption packaged in a suit of high-sounding lies. Read these excerpts (emphasis added):
Offshore wind energy is the key to lowering electricity prices, say President Joe Biden and a range of groups, including the Sierra Club, the Center for American Progress, and Media Matters. “Folks, it’s also now cheaper to generate electricity from wind and solar than it is from coal and oil,” said Biden last November. “Literally cheaper. Not a joke.”
But if that were the case, then Biden would not have demanded Congress pass the “Inflation Reduction Act,” which will send $781 billion to $1 trillion in taxpayer subsidies to wind and other renewable energy companies.
In response to this criticism, many experts say wind energy is good economics, good for jobs, and crucial for combatting climate change. “Offshore wind can lower energy prices and beat out oil and gas,” argued a major report by the Center for American Progress (CAP), one of Washington’s most influential think tanks, last fall…
But the US government’s Bureau of Ocean Energy Management (BOEM) admits that US offshore wind projects “would by themselves probably have a limited impact on global emissions and climate change” and that benefits would be “negligible.”
As for those 800 construction jobs, they will last for just two years, after which the project will employ just 60 people over the next 25 years.
And now, New York’s regulator says that all this wind and solar energy not only won’t lower electricity prices, it will raise them by a whopping 64%…
The rest of the story is behind a paywall but the sub-title tells all:
John Podesta, Founder of Center for American Progress, is giving away hundreds of billions in taxpayer subsidies”
Podesta, in other words, is throwing our borrowed Federal money at Big Wind at a furious rate and we’re paying for it twice; one in subsidies and again in higher rates. But, in yet another example from Corporatism 101 we see how it all works to benefits of both government insiders and big corporatist interests who have learned being a leech is much more profitable than capitalism. All it takes is a willingness to share a bit of the grift with those who made it possible.
We cannot go on this way. Massive reform is needed every now and then and we’re at another one of those junctures. Here are a dozen immodest proposals:
- End all forms of tax exemption for entities that serve as revolving doors between special interests and government.
- Eliminate private foundations altogether and restrict tax-exemption to religious institutions and true charities with full disclosure of all donors.
- Repeal the 17th Amendment that destroyed the accountability of U.S. Senators to the states they serve. Prior to the Amendment, senators had to worry about members of their state legislatures who had no skin in the Federal corporatism scam. Now, they just buy their way back into office as well-funded incumbents.
- Enact term limits to avoid the accumulation of power that produces Mitch McConnell and Nancy Pelosi types.
- End all forms of grants, loans and tax credits to private businesses and restore the principal of trust-busting.
- Restore prohibitions on earmarks.
- End all futile attempts to control campaign financing and simply require full disclosure of all funding sources so as to bring dark and hidden money into the open.
- Make the acceptance of foreign campaign donations a crime for both the candidate and any pass-through donors.
- Outlaw continuing resolutions and omnibus spending bills by requiring Congress to stay in session until they pass their budgets using regular order with no vacations, no return to their districts and no paychecks until they do so. Make any Congressman or Senator who violates these provisions ineligible to run again and responsible for returning his salary to date.
- Move all Federal agencies other than main Justice, State and Treasury way out of Washington, D.C., dissolving agencies such as Education and Housing and sending responsibility back to states.
- Allow states to again have senates elected by geography rather than population such that those with large easily demagogued urban populations don’t run wild as they do in California, Illinois and, especially, New York.
- Eliminate the income tax and enact a flat tax or land tax that cannot be avoided and that incentivizes productivity.
Dreamland? Oh, yes, but we are in deep trouble today and i haven’t even touched the critical issues of free speech, the criminalization of political differences, political correctness or the threat from artificial intelligence, for example. Corporatism, though, may be the most visible evidence of what’s happening to America and the West as a whole. We are producing the stench of corruption everywhere we look because of it and if we fail to reform, we will get something much worse, namely a vicious totalitarianism with the worst sort of enforcers in charge.
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