Thursday, January 08, 2009

A Timely Reminder - Very Few Seeking Positions Of Authority Have Society's Best Interests At Heart

"Unthinking respect for authority is the greatest enemy of truth" -- Albert Einstein

I posted a link on here some time ago to a BBC documentary that, if correct, shows that an American coup was being planned by wealthy elitists during the Great Depression. A coup meant to destroy the freedoms of most Americans. I really don't have any idea as to the extent of its validity but I do not doubt there were discussions of some sort that actually took place.

I bring this up again for a reason. As I have remarked on here time and again, I have a great disdain for elitists as anyone who loves freedom for all of humanity should. There will always be people, through their contempt for others, who believe by divine right or self-assessed superiority that they are more appropriately determined to lead society. Often by any means they deem necessary. Often via insidious and less than obvious methods that may now be revealing themselves to you. I plan to talk about some of those methods in 2009.

The human mind in its natural state seeks to develop itself, to make decisions for itself, to provide for itself and to be free in association, thought and will. It matters not if that mind belongs to a President of the United States or an immigrant seeking his or her mind's freedom and the economic & educational opportunity that goes with it. The enlightened human mind free of our sins and insecurities rejects elitism. Elitism is perniciously anti-humanist and therefore anti-American. Yet the infiltration of this virus consistently perpetuates corruption, destroys free markets, limits economic & educational opportunity and is hijacking American-style capitalism. It is a scourge that must be removed from our economic system if we are to successfully recover. And, I have little doubt it will be removed. For its removal is a basis for my long term bullishness on the U.S. economy. In fact, we are witnessing the destruction of its very fabric as I type this. You ain't seen nothin yet.

Extreme success in life is as much a function of luck, taking risk and being in the right place at the right time as it is motivation and intelligence. It is what it is. Not all of us can be President nor do most of us want to be. We each play an important and valued role in society. A society embracing human rights and equal opportunity realizes this and, therefore, respects the mind and opportunity of every individual be it to become President or a production worker or a musician or a teacher or a janitor. Specifically, intelligence or ability is often the least likely determinant of success when it comes to those who seek positions of power be it government or business. Human intelligence first seeks knowledge. Power first seeks dominion or authority over humanity. Therefore, we know that those seeking authority often exhibit behavior that should never be given any responsibility of maintaining the keys of justice, opportunity and freedom for humanity. At least without substantially defined checks and overly transparent oversight. Without it what have we witnessed through history? How many hundreds of millions of people have died defending elitism? Or fighting elitism? Most often, not of their own free will.

Seldom does the search for enlightenment or knowledge cross paths with power when it comes to governance or corporate leadership. When it does, we see the rare benevolent leader.

I bring this up again to make a melodramatic point based on recent remarks made by SEC Chairman Cox. I have no reason to believe Cox is not a decent person who had the best of intentions as SEC Chairman. He inherited a system run amok and his faulty belief system supported an already laissez-faire environment at the SEC. Were he to have the benefit of hindsight, I have great confidence he would have done things differently. He has capitulated on a faulty belief system by saying so.

But what Cox recently said with regards to a CEO of a major U.S. investment bank is very disturbing and a reminder of a timeless truth. And, a reminder in times such as these that those who seek dominion or authority would do anything to preserve the status quo. The BBC story may have had more truth than anyone would care to believe. What other rights, including human rights, would this CEO, or others with a similar perspective, violate were he able to? A timeless reminder that power seldom seeks truth and should never be trusted. As I've said before, we are witnessing a great power struggle. Many who have created this environment are not going to accept change without fighting to keep the status quo as it is. That includes manipulating the media, leadership and society, if possible.

People such as this CEO are an important reminder of why we have a Constitution and a Bill of Rights. A Bill of Rights meant to protect us from our government and the elitists who often seek to control it......and us. And, then to exercise their will upon us and, thereby, destroying the principles of freedom and opportunity. It is also a reminder that a return to those principals will not come easily.

Cox said the chief executive of one major U.S. investment bank even urged suspension of normal trading rules across the entire U.S. market, likening the situation to how Abraham Lincoln suspended habeas corpus during the Civil War and Franklin Roosevelt sent Japanese-Americans to internment camps during World War Two.

The chief executive said, "that is how America made it through such crises, and we couldn't be too focused on maintaining the rule of law," Cox said. "That was advice we rejected."

Cox said he spoke to the White House, the chief executives the New York Stock Exchange and the Nasdaq, strongly urging them to keep the U.S. markets open.
posted by TimingLogic at 11:07 AM