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The Ruling Elite Has Lost the Consent of the Governed
Of Two Minds ^ | 19 October 2016 | Charles Hugh Smith

Posted on 10/21/2016 11:07:10 AM PDT by Lorianne

cannot believe they have lost the consent of the governed.

Every ruling Elite needs the consent of the governed: even autocracies, dictatorships and corporatocracies ultimately rule with the consent, however grudging, of the governed.

The American ruling Elite has lost the consent of the governed. This reality is being masked by the mainstream media, mouthpiece of the ruling class, which is ceaselessly promoting two false narratives:

1. The "great divide" in American politics is between left and right, Democrat/Republican

2. The ruling Elite has delivered "prosperity" not just to the privileged few but to the unprivileged many they govern.

Both of these assertions are false. The Great Divide in America is between the ruling Elite and the governed that the Elite has stripmined. The ruling Elite is privileged and protected, the governed are unprivileged and unprotected. That's the divide that counts and the divide that is finally becoming visible to the marginalized, unprivileged class of debt-serfs.

The "prosperity" of the 21st century has flowed solely to the ruling Elite and its army of technocrat toadies, factotums, flunkies, apparatchiks and apologists.The Elite's army of technocrats and its media apologists have engineered and promoted an endless spew of ginned-up phony statistics (the super-low unemployment rate, etc.) to create the illusion of "growth" and "prosperity" that benefit everyone rather than just the top 5%.

The media is 100% committed to promoting these two false narratives because the jig is up once the bottom 95% wake up to the reality that the ruling Elite has been stripmining them for decades. As I have tirelessly explained, the U.S. economy is not just neoliberal (the code word for maximizing private gain by any means available, including theft, fraud, embezzlement, political fixing, price-fixing, and so on)--it is neofeudal, meaning that it is structurally an updated version of Medieval feudalism in which a top layer of financial-political nobility owns the engines of wealth and governs the marginalized debt-serfs who toil to pay student loans, auto loans, credit cards, mortgages and taxes--all of which benefit the financiers and political grifters.

The media is in a self-referential frenzy to convince us the decision of the century is between unrivaled political grifter Hillary Clinton and financier-cowboy Donald Trump. Both belong to the privileged ruling Elite: both have access to cheap credit, insider information (information asymmetry) and political influence.

The cold truth is the ruling Elite has shredded the social contract by skimming the income/wealth of the unprivileged. The fake-"progressive" pandering apologists of the ruling Elite--Robert Reich, Paul Krugman and the rest of the Keynesian Cargo Cultists--turn a blind eye to the suppression of dissent and the looting the bottom 95% because they have cushy, protected positions as tenured faculty (or equivalent).

SNIP


TOPICS: Government
KEYWORDS:
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1 posted on 10/21/2016 11:07:10 AM PDT by Lorianne
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To: Lorianne
and the rest of the Keynesian Cargo Cultists

HA! Good one!!


2 posted on 10/21/2016 11:08:22 AM PDT by Buckeye McFrog
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To: Lorianne

Charles is great—he has been on this issue for years before many of us _got_ _it_.


3 posted on 10/21/2016 11:15:09 AM PDT by cgbg (This space for rent--$250K)
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To: Lorianne

What is the difference between a republic and a democracy?

A Republic is representative government ruled by law (the Constitution). A democracy is direct government ruled by the majority (mob rule). A Republic recognizes the inalienable rights of individuals while democracies are only concerned with group wants or needs (the public good).

We are a Republic NOT a Democracy


4 posted on 10/21/2016 11:21:35 AM PDT by ATOMIC_PUNK (I think therefore im Dangerous to the liberal agenda !)
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To: Buckeye McFrog

I know. I love that zinger.
I’m stealing it.

Keynesian Cargo Cultists

It just rolls off the tongue. Of course it’s racist to say it /s but that makes it all the more subversive. What’s not to like?


5 posted on 10/21/2016 11:21:37 AM PDT by Lorianne
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To: Lorianne

6 posted on 10/21/2016 11:22:04 AM PDT by Fiddlstix (Warning! This Is A Subliminal Tagline! Read it at your own risk!(Presented by TagLines R US))
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To: Lorianne

I feel like he may have conjoined bankster-gangsterism with high-level entrepreneurism, but apart from that, I like his rant.


7 posted on 10/21/2016 11:22:42 AM PDT by Chaguito
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To: Lorianne

L8r


8 posted on 10/21/2016 11:23:23 AM PDT by AFreeBird (BEST. ELECTION. EVER!)
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To: Lorianne
The media is in a self-referential frenzy to convince us the decision of the century is between unrivaled political grifter Hillary Clinton and financier-cowboy Donald Trump. Both belong to the privileged ruling Elite: both have access to cheap credit, insider information (information asymmetry) and political influence.

Another crypto Hillary support piece, claiming they're both the same.

Hilary's a "grifter" the way Hitler was a "vegetarian."

9 posted on 10/21/2016 11:25:29 AM PDT by Talisker (One who commands, must obey.)
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To: Lorianne

bookmark


10 posted on 10/21/2016 11:27:47 AM PDT by GOP Poet
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To: Talisker

The article does not support Hillary


11 posted on 10/21/2016 11:32:04 AM PDT by Lorianne
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To: Chaguito
"I feel like he may have conjoined bankster-gangsterism with high-level entrepreneurism"

I used to share your view, but Charles makes the case (and has persuaded me) that in an economy heavily regulated by the government there is very little or perhaps no "high level entrepreneurism" and successful businesses, regardless of their origins, will pay to continue to play in such an environment. Many of the big name tech giants have murky relationships with government intelligence agencies (including seed money in many cases) so they are phony "high level entrepreneurism". This is a very interesting topic and I encourage you to read more of Charles to hear his case.
12 posted on 10/21/2016 11:40:01 AM PDT by cgbg (This space for rent--$250K)
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To: Taxman

Self ping.


13 posted on 10/21/2016 11:41:46 AM PDT by Taxman ((H. L. Mencken correctly observed: Government is actually the worst failure of civilized man.))
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To: Lorianne

My eyes have been opened to this conclusion myself. The establishment creates and manipulates the whole liberal vs. conservative, black vs. white, secular vs. religious, etc. etc. conflicts to keep us at each others’ throats so we won’t realize just who is pulling the strings and stealing us blind.


14 posted on 10/21/2016 11:49:12 AM PDT by circlecity
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To: cgbg

Your point regarding tech entrepreneurs is convincing. Government has ceased to be a referee in the world of business, and is not really even a player. It uses the willing “players” to carry out its own ends. Sort of like fascism.


15 posted on 10/21/2016 11:49:40 AM PDT by Chaguito
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To: Lorianne

Along the same lines, an editorial by Patrick Buchanan:

http://www.wnd.com/2016/10/an-establishment-in-panic-2/


16 posted on 10/21/2016 11:50:09 AM PDT by randita
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To: circlecity

The battle is between NWO corporate globalist free traders and Nationalist Patriots.


17 posted on 10/21/2016 11:54:38 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: Lorianne

Any equivalency or normalization between Hillary and Trump supports Hillary.


18 posted on 10/21/2016 12:20:29 PM PDT by Talisker (One who commands, must obey.)
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To: Lorianne
The Ruling Elite Has Lost repudiated the Consent of the Governed

Fixed it.

19 posted on 10/21/2016 1:13:30 PM PDT by Albion Wilde (We will be one People, under one God, saluting one American flag. --Donald Trump (standing ovation)
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To: All

Not until they lose an election. Elections have been their justification for imposing their views on the population.

It should be noted that they don’t try to get an overt endorsement, just the indirect method of electing compliant servants who will do their bidding later. Some of their actual policies have never really been submitted to a popular vote. Some never will be.


20 posted on 10/21/2016 1:30:02 PM PDT by Peter ODonnell (Hillary Clinton -- motivational speaker, lives in a van down by the Potomac)
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