Captured State Law & Legal Definition
A captured state refers to a state that exhibits a strong centralized authority that has been captured by members of insecure elites who frustrate or eradicate rivals. A state is captured when the elite members disagree on a common set of rules by which they are governed. –USLEGAL.COM
‘State capture’ obtains when a small number of firms (or such entities as the military) is able to shape the rules of the game to its advantage through massive illicit, and non-transparent provision of private benefits to officials and politicians. Examples of such behaviour include the ability to control legislative votes, to obtain favourable executive decrees and court decisions. A relatively new concept, the main proponents being World Bank researchers, it echoes that of ‘crony capitalism’ and covers cases where high-level corruption is pervasive. (See military-industrial complex; clientelism.) — Federico Varese
The Organized Crime / Banking At Its Finest Show
In a new edition of their Organized Crime / Banking At Its Finest Show, Canadian financial analyst Rob Kirby and German financial journalist Lars Schall discuss this week’s dismissal by the U.S. Commodity Futures Trading Commission of complaints about manipulation of the silver market. In particular, Kirby and Schall focus on a powerful entity that is rarely mentioned in financial mainstream journalism, if at all: the Exchange Stabilization Fund. – By Lars Schall
Not a Revolution, but rather Evolution.
A Shift of Consciousness as awareness increases and the People implement creative alternatives.
A leaderless, self-organizing phenomena. ~ Ron
Open Letter & Petition:
Bart Chilton, RESIGN and Become a Whistleblower
Open Letter & Petition to CFTC Commissioner Bart Chilton
Petition Background (Preamble):
CFTC Commissioner Bart Chilton has claimed he stands for honest markets. We, the undersigned, call upon him to read the open letter below and take the only appropriate action remaining. Mr. Chilton: Resign, become a whistleblower and take your rightful place in history.
Click here for The News Doctors’ Exclusive open letter to Bart Chilton calling for the CFTC commissioner to resign and become a whistle-blower on the manipulation of gold and silver markets: http://thenewsdoctors.com/bart-chilton-resign-and-become-a-whistleblower-open-letter-petition/
CLICK HERE TO SIGN THE ACTUAL PETITION.
[audio src="http://media.blubrry.com/silverdoctors/p/content.blubrry.com/silverdoctors/End_Game_With_GATA_s_Bill_Murphy.mp3" /]
Click to listen to A Discussion on The End Game With GATA’s Bill Murphy
Financial journalist Lars Schall (L.S.) talked with Jesse, the host of the popular financial web site Jesse’s Café Américain (Jesse)
Jesse: …I write about gold and silver now because they are at the heart of what is happening. And there is not as much about stocks and bonds, because I have stopped trading actively in such a broad range of things.
I am fascinated by the sea change in the world monetary system, which has been colloquially called ‘the currency wars.’
L.S.: Will those ‘currency wars’ intensify going forward according to your analysis, and if so, how do you think they will play out?
Jesse: Yes they will intensify and we are seeing that already. A fiat currency is an exercise in both confidence and power. As confidence weakens, the use of power must intensify to maintain it.
One of the things that people tend to forget is that when one adopts a common currency, they surrender a portion of their economic autonomy. We are seeing this play out in the European Union as monetary theory would predict.
In adopting a common currency, the euro, the entire region thereby agreed to let a central group set their monetary policy for all, which includes the ability to tighten and loosen supply in response to prevailing economic conditions. But whose conditions, when they vary over a broader area?
When a country adopts another currency, they surrender a portion of their own fiscal authority, and thereby their political autonomy.
If you do not believe this, just look at what is happening in Greece and Cyprus.
READ FULL REPORT: larsschall.com
Lyndon LaRouche’s September 27th 2013 Webcast