(Article republished from Kunstler.com)
As a criminal enterprise, for instance, the Biden family influence-peddling operation among foreign powers reflects exactly the racketeering character of corporate America today — which is to say, making money dishonestly, and often for doing nothing. In America’s biggest industry, finance, this is absolutely the case. You may have forgotten what finance is, and what it’s supposed to do: namely, to lend money for activities intended to produce things of value, useful things that people need and want, sometimes even public works that benefit everyone in society.
American Finance now is in the business of receiving free money (loans at minimal interest) from government-chartered central banks (issuing “credit” from nowhere), that banks, hedge funds, private equity outfits, and sundry freebooters can roll into instruments such as interest-yielding bonds (loans back to government) and derivatives (algorithmic bets derived, abstracted from, and tuned to market movements) magically multiplying money that finally produces nothing of value — though it may translate into yacht purchases, alimony payments, luxury suites at ballparks, private Caribbean islands, and traffic in humans for use as sex toys.
The Biden business model also applies nicely to medicine and higher education, two endeavors saturated in prestige and pomp, like the doings in the White House, but which, similarly to that hotbed of policy and action, in the case of medicine, produces shocking amounts of unnecessary death (est. 251,000 a year from iatrogenic treatment errors), and in the case of higher ed, the production of specious and harmful Big Ideas — while both endeavors expand like turbo-tumors within the dying body of an expiring manufacturing economy.
As in the Biden model, dishonesty is now the keystone in both “Meds” and “Eds.” Our public health officialdom hasn’t stopped lying about the Covid-19 episode since it began, and in every aspect from the origin of the disease (if that’s even what it was), to the deaths statistically attributed to it, to everything about the “vaccines” cooked up to stop it. In turn, those officials coerced America’s doctors into withholding the best treatments (ivermectin, hydroxychloroquine) while applying deadly protocols (remdesivir plus intubation) guaranteed to kill hospital patients — which the government then rewarded with gargantuan bonus payments.
Read more at: Kunstler.com