From Bill Bonner at acting-man.com:
An Attention-Grabbing Headline
“The first shot in the War on Cash?”
The headline caught our attention. We’d just finished researching and writing about the “Deep State” for the latest issue of our monthly publication, The Bill Bonner Letter.
This is something you’re likely to hear more about. The Deep State describes the way the U.S. government really works, rather than the way it’s supposed to work.
Over the years – hardly noticed by the press or the public – a group of insiders has taken control of Washington.
Originally the term “Deep State” was coined to describe various anti-democratic coalitions within the political system of Turkey (Turkish: derin devlet). In them meantime the term is widely used to describe all types of “state-within-the-state” type arrangements, the real power behind the throne, so to speak. Image via gadflyonline.com
Some of them are familiar government hacks and politicians. Some, largely anonymous, are in the private sector. And some represent foreign governments, foreign businesses (notably banks), and foreign organizations.
These zombies and cronies – who number in the thousands – have much more power and authority than 100 million voters. Research shows that if they want legislation, they get it.
Voters, on the other hand, get what they want only rarely… and probably only because the insiders want the same thing. The insiders get the money, too. The tens of trillions of dollars diverted into boondoggle bailouts, QE, and ZIRP, for example – they had to go to someone.
And now the Deep State is setting itself up to get even more…
Now you know why it had such large eyes and such big teeth …
Image via psychologytoday.com
To continue reading: The Deep State and the War on Cash
Reblogged this on Starvin Larry.