From Spengler’s Are the American people as corrupt as the Clintons?
“What kind of people are we Americans, that we allow these kleptocrat’s hirelings to persist in public life? The answer, I fear, is that we have become corrupt ourselves. I’ve seen enough corruption in the Third World to know that it requires the consent of the governed.” …
…”Corruption in Third World kleptocracies starts at the top but trickles down to the grass roots. Every bill-collector for the public utility takes bribes not to turn off the gas or electricity–it’s cheaper to pay a bribe than to pay the bill. Every secretary in a government office takes a tip to give you the form you need to fill out to hand to the boss who will take another mordida, or bite. Everyone hustles, everyone has a scam. The people at the bottom look up in envy and contempt at the billionaire thieves who run their country, but live their lives in emulation of them; if they were tough or smart enough, they would steal billions, too. We Americans used to be better than at. I don’t think we are any longer.
As Schweizer reports, America’s favorite power couple made millions from Kazakhstan dictator Nurslatan Nazarbayev. In 2005 Bill came to the homeland of Borat with Canadian penny-stock speculator Frank Giustra. Giustra’s shell company UrAsia Energy, a paper entity with no track record, beat out bigger competition to scupper Kazakhstan”s uranium mining concession. Bill endorsed Nazarbayev’s bid to head the Organization for Security and Cooperation Europe. a human rights organization founded by the 1975 Helsinki Accords, despite Nazarbeayev’s execrable human rights record. Senator Hillary Clinton lifted her previous objection to Kazakhstan’s chairmanship of the organization. “…
“Scamming the government or scamming the banks is so commonplace that we take fraud for granted. Why shouldn’t we? The financial industry has no qualms about it. Researchers from the University of Notre Dame’s business school (courtesy of Dealbreaker) interviewed 1,200 respondents in the U.S. and UK and found that
More than one-third (34%) of those earning $500,000 or more annually have witnessed or have first hand knowledge of wrongdoing in the workplace
23% of respondents believe it is likely that fellow employees have engaged in illegal or unethical activity in order to gain an edge, nearly double the 12% that reported as such in 2012.
-One in 10 respondents has signed or been asked to sign a confidentiality agreement that would prohibit reporting illegal or unethical activities to the authorities.
-This figure surges to 25% for those respondents earning $500,000 or more annually.
After the biggest scam in U.S. financial history, the Obama administration has put exactly zero bankers in jail. Of course, it has levied tens of billions of dollars of fines on the banks, which is to say on the shareholders of the banks, who are mainly pension funds and life insurance companies. In other words, the Obama Justice Department taxed the savings of ordinary people to punish the malfeasance of the bankers. The bankers who committed the crimes walked away with their bonuses except in a small number of cases.” …
…”Democracy exists to give people the kind of government they deserve. If the American people do not have the moral fibre to extirpate corruption on the Clinton scale, they will deserve what’s coming to them.”