"This book truly
is a must read."
-- Congressman Ron Paul
fat tony's signs of a banana republic
friends and bankers to the palace occupants loot the peoples treasury for everything that is there, with nothing left for the peasants. peasants do nothing but accept this passively.
torture is an accepted function of the secret police of the palace. many peasants even go so far as defending this.
the palace secret police acknowledge wiretapping, and evesdropping on any and all citizens without judiciary proceedings. peasants roll over like beaten seals without as much as a wimper.
secret police of said country look the other way when the palace lords are exposed to have flagrantly broken laws like paying taxes and other such nonsense which only applies to the peasants. peasants accept this and go back to their golf games and espn.
palace police take over major industries like auto manufacturing, insurance, banking and use the peasants money to make sure the friends of the palace occupants are made whole, at the same time millions of lumps are thrown out of work and out of their hovels. peasants accept this as part of the country free market.
the most important. no capital formation has occurred in said banana republic in decades. debt isssuance is staggering. banks are insolvent. the country is financed with printed money and the goodwill of another countries financing. when capital leaves, the currency will follow.