The mainstream media dutifully report President Obama's every word. Sometimes, though, the real story is in the words the president
doesn't say . . . and what Obama didn't say last week should make you hold your wallet tighter than ever.
Last month, Obama's National Security Agency review board issued a lengthy report with 46 specific recommendations. Remember: This is the president's own panel — a group he appointed after Edward Snowden spilled the spy beans. Its members weren't exactly "independent," but they were not Obama's political enemies, either.
With that in mind, consider this part of Recommendation #31:
"Governments should not use their offensive cyber capabilities to change the amounts held in financial accounts or otherwise manipulate the financial systems."
Think about this. The review panel had full access to top-secret information on the U.S. government's "offensive cyber capabilities." Having just seen those secrets, they decided to recommend governments
cease manipulating the financial system.
Let's call a spade a spade. To "change the amounts held in financial accounts" is a polite way of saying "bank robbery."
The only reason the panel would make this recommendation is that at least one government is either already robbing banks or seriously considering future robbery.
If the U.S. government is not itself robbing banks, it apparently knows who is. This is important information. Most voters oppose bank robbery. Whether they do it electronically or at the point of a gun is irrelevant.
Robbery is robbery. To "manipulate the financial systems" is
wholesale robbery.
Now, if you were the president of the United States and
your own panel of experts advised you not to manipulate the financial system, how would you respond? Would you:
A) Burst out laughing because the idea is so preposterous;
B) Forcefully deny that your administration manipulates the financial system and bring to justice anyone who tries; or,
C) Go on vacation to Hawaii, then respond a month later with a long speech in which you don't even mention, much less deny, that your administration engages in wholesale bank robbery?
President Obama chose option C.
Now imagine you are a wealthy non-American with money to invest. Are you excited about sending your hard-earned cash to a country in which state-sanctioned bank robbery is not only possible, but is already happening? You might as well invest at home in your own corrupt country.
This, I submit, is why
the U.S. technology sector will not be the only industry to lose overseas business in the coming years. It may also explain why Obama just
appointed a foreign citizen to a top spot in the Federal Reserve System. To be fair, Stanley Fischer he holds dual citizenship in Israel and the United States.
Our financial markets are at risk, which means you, me and 99.9 percent of all other Americans are at risk of economic calamity.
Obama doesn't mind because
he is in the other 0.1 percent. So are top politicians — Democrat or Republican — apparently, given their failure to hold him accountable. They are not like you and me.
Their money is safe. Ours is not.
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