Coups d’état, Bail Outs And Bail Ins:  Clio’s Diary/Chronology.  Oh, And Happy Constitution Day! (September 17, 2018)

. . .

K          “September 15 is the ten year anniversary of the Great Financial Coup d’état of 2018.”

J          “We. Just. Will. Not. Learn.”

. . .

Recent Coups d’état:

2000:  Political coup d’état – by the Republican judicial branch / Supreme Court, Inc. when it rejected the franchise / election and counting of votes by citizens, appointed Bush, Jr. as President, set in place subsequent coups d’état and cemented the dominion of the Kleptocracy to supplant a democracy.

1999 – 2008:  “Pogo” participation by the populace in the Economic coup d’état – by the ordinary people who lost their senses, judgment and perspective with considerable encouragement by the powers that be that be very powerful.  The populace invested money in companies that could not even promise blue sky, pursued returns that were inconceivable and “rented” homes they could never afford.  The people unwittingly participated in and ratified the insanity and criminality.  Blame is everywhere.

2008:  Economic coup d’état – by the Democrats and Republicans in the executive and legislative branches who cooperated in looting the public fisc for the benefit of the few / 1 % / Kleptocrats at a devastating cost to the public and in particular innocent and uninvolved future generations who must finance the at least 4.2 Trillion dollar ($4,200,000,000,000.00) giveaway.  Give or take.  Probably give another 1 Trillion dollars to the number that was given away.

2016:  Populist coup d’état – by a demagogue Republican President / executive branch buffoon and charlatan who fooled a genuinely angry, frightened and desperate public to vote for him and installed an oligarch and his oligarchy to run the Kleptocracy.

2017:  Judicial coup d’état – the Supreme Court, Inc. is now a wholly owned subsidiary of the Republican Party, Inc. occupied by Five Red Rich Republican “Catholic” Corporatist “White” Boys . . . And All By-Products Of The S.I.C.

2018:  Judicial coup d’état – the coup de grace in the making.

Recent And Projected Bail Outs And “Bail Ins”:

1998:  Banks/Wall Street bail out Long Term Capital Management

2008, September and October:  Federal Reserve bails out Banks/Wall Street.  See above.                                        

20__:  International Monetary Fund (IMF) bails out Federal Reserve; Taxpayers bail out or “bail in” the Banks/Wall Street.

20__:  God bails out the International Monetary Fund (IMF); No one bails out Taxpayers.

20__:  God files Chapter 11 Reorganization; Taxpayers file Chapter 7 Liquidation.

. . .

[See “In 2008, America Stopped Believing in the American Dream” in “New York” Magazine by Frank Rich dated August 6, 2018.]

[See the e-commentary at “Futile Efforts (September 29, 2008)”, “A Bleak Day:  The Trillion Dollar Tragedy (October 6, 2008)”, “Bailouts: Out; Bail Ins: In; Slowly Boilin’ The Frog (April 15, 2013)”, “Globalizing The Bail In (July 8, 2013)”, “‘Bail Ins’ Are Globalized; ‘Bail Outs’ Are Bailed Back In; No Bail For Bankers (December 29, 2014)”, “Punt, Pass And Kick:  The End Is Far (February 24, 2014)” and “They Can Print Money (November 2, 2015)”.]

Bumper sticker of the week:

So, help us God, so help us God.

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