The Big Banks Have Sold Us Out. Democrats And Republicans Have Sold Us Out. No One Is Defending Our Interests. Our Future Is Going Up In Flames. It’s Time For Us To Stand Up And Defend Ourselves

George Washington's picture

David DeGraw is calling for a protest next week ... on June 14th:

The big banks have sold us out.
Democrats and Republicans have sold us out.


No one is defending our interests.
Our future is going up in flames.


It’s time for us to stand up and defend ourselves.


of dollars in fraudulent activity by the big banks on Wall Street
caused our current economic crisis. Paid off politicians from both
parties, along with secret deals made by the Federal Reserve, gave
trillions of taxpayer dollars and subsidies to the very people who
caused our crisis. After taking our tax dollars, they had the audacity
to give themselves all-time recording-breaking bonuses and consolidate
wealth in unprecedented fashion within the economic top 0.01% of the



While a record number of Americans are currently
living in poverty and on food stamps; while millions of American
families have been foreclosed upon; while health care, food and gas
costs are skyrocketing; while over 200 million Americans are living
paycheck to paycheck struggling to make ends meet, the super-wealthy
have never had it better. We now have the most severe inequality of
wealth in American history. The depravity of the Robber Barons has been


As their current policies prove, economic central
planners have become so arrogant and tyrannical in their shortsighted
greed. They think we are an ignorant and apathetic population that they
can continue to exploit without fear of rebellion.

We are finally
declaring that we have had enough. We will not remain passive while
global banking interests destroy our future. We know the systemic
causes of our current crisis and we are going to strike at the root.

this Flag Day, June 14th, Operation Empire State Rebellion (#OpESR)
will launch. #OpESR is a decentralized non-violent resistance movement
to end the system of political bribery (campaign finance and
lobbying) and break up the big banks centered at the Federal Reserve.

coincide with the launch of this movement, people have begun
organizing acts of resistance throughout the US. We are calling upon
you to take an action of your own. Whether it’s taking part in a local
public protest, withdrawing your money from one of the big six banks,
starting a community group or passing out fliers. Anything you can do
to rebel against the system of economic tyranny in a non-violent
manner is welcome.


As a first step, please join the actions against the banks in one of the cities shown here, or use the ‘schedule an action’ tool to create your own.

By way of background, I wrote in 2009:

The giant banks are treating the American Citizen like we work for them, are holding the economy hostage, and are taking our deposits and using them to speculate in casino style gambling.


They've bought and paid for Congress and the White House. See this, this and this.


Will Americans exercise our power - see this and this - or become serfs to a permanent banking royalty?


An economist says the healthcare bill "is just another bailout of the financial system", and lawyers say that it is unconstitutional.


Will we defeat this giveaway to the insurance giants, or become permanent slaves to mandatory insurance requirements?


Top scientists, economists and environmentalists all say
that cap and trade is a scam which won't significantly reduce C02
emissions, and will only help in making the financial players who
crashed the economy even more wealthy.


Will we defeat this
worthless scam, or allow the failed banks like Goldman Sachs, JP Morgan
and Citigroup - who have already taken many billions of taxpayer
dollars - to make a fortune off of this con game at our expense?

Americans reclaim our nation in 2010 from the thugs and con artists,
or put our heads down and stay subservient while the little we have
left in the way of money, resources and dignity is stolen by the giant
banks, insurance companies and carbon trading players?

And I pointed out last year:

Many people think we just have to sit here and take it.

Many others are starting to call for revolution. See this, this, this, this, this and this:


(For those who are calling for revolution, please read the postscript).

But there may be a third way.

As I wrote a year ago:

As MSNBC news correspondent Jonathan Capehart tells
Dylan Ratigan, the main problem is that people aren't making enough
noise. Capehart says that the people not only have to "burn up the phone
lines to Congress", but also to hit the streets and protest in D.C.

Even though most politicians are totally corrupt, if many millions of
Americans poured into the streets of D.C., a critical mass would be
reached, and the politicians would start changing things in a hurry.

As [liberal] PhD economist Dean Baker points out:

elites hate to acknowledge it, but when large numbers of ordinary
people are moved to action, it changes the narrow political world where
the elites call the shots. Inside accounts reveal the extent to which
Johnson and Nixon’s conduct of the Vietnam War was constrained by the
huge anti-war movement. It was the civil rights movement, not compelling
arguments, that convinced members of Congress to end legal racial
discrimination. More recently, the townhall meetings, dominated by
people opposed to health care reform, have been a serious roadblock for
those pushing reform….

A big turnout ... can make a real difference.

Baker is right about Vietnam.

Specifically - according to Daniel Ellsberg and many others - Richard Nixon actually planned on dropping a nuclear bomb on Vietnam Nixon also said he didn't care what the American people thought. He said that -- no matter what the public did or said -- he was going to escalate the war in Vietnam.

a well-known biographer says that Nixon backed off when hundreds of
thousands of people turned out in Washington, D.C. to protest an
escalation of the war.

Similarly, no matter how completely sold-out
to the Wall Street giants D.C. politicians are, they would start
paying attention to their real employers - the American people - if we
make enough noise.

If 3 million Americans all peacefully
surrounded the White House and Capitol Hill, holding signs saying
"We're Not Leaving Until the Too Big to Fails which Caused the Economic
Crisis are Reined In", things would change pretty fast.

million might sound like a lot of people. But many millions of people
read popular alternative financial and economic news sites. You are
probably one of millions of people who will read this essay (by the
time it is published by some of the larger sites).

In other
words, it's not even a question of convincing other people to go. We -
those who read alternative financial websites - could do it ourselves.

If millions of us don't go protest in D.C., it's because we are choosing not to sacrifice a tiny bit in order to change things.

The bad guys are only winning because we - the American people - aren't making enough noise.

Not Now . . .

It is human nature to try to put things off until tomorrow. Tomorrow, when things are easier, we'll do it...

It is easy to despair that it is already too late. Should we whine and give up hope?

Well, about a month before the American Revolutionary War, Patrick Henry said:

tell us, sir, that we are weak; unable to cope with so formidable an
adversary. But when shall we be stronger? Will it be the next week, or
the next year?

If not now, when? Like Patrick Henry asked, when will we be stronger? When will the robber barons be weaker?

If we're going to save America through non-violent protests, now is the time.

To hell with circumstances; I create opportunities.
- Bruce Lee

is no act too small, no act too bold. The history of social change is
the history of millions of actions, small and large, coming together at
points in history and creating a power that governments cannot
- Howard Zinn, historian

The power of an aroused public is unbeatable.
- Dr. Helen Caldicott

The most powerful weapon on earth is the human soul on fire.
-Ferdinand Foch

times of danger large groups rise to the highest pitch of enthusiasm,
courage and sacrifice . . . Mankind will be refashioned and history
rewritten when this law is understood and obeyed.
-Helen Keller

doubt that a small group of thoughtful, committed citizens can change
the world. Indeed, it's the only thing that ever has.
- Margaret Mead

must remember that one determined person can make a significant
difference, and that a small group of determined people can change the
course of history.
-Sonia Johnson

let one ant stand up to us - then they all might stand up. Those puny
little ants outnumber us a 100 to one. And if they ever figure that
out, there goes our way of life.
- Hopper (a grasshopper who is the
leader of the gang of thugs who are stealing money from the other bugs,
speaking to fellow grasshoppers in the Disney/Pixar movie A Bug's

If you don't like the news, go out and make some news of your own.
- Scoop Nisker


Similarly, conservative financial writer Karl Denninger writes today:

- America - You - can fix this tomorrow. Put 500,000 people around
The Treasury and The Fed in Washington DC and refuse to leave until
Geithner and Bernanke both resign and depart and the FDIC goes through
all four of the largest banks, marks their "stuff" to market, and
resolves all that are insolvent. Lay peaceful siege, MLK-style.

Denninger wrote last week:

Everyone wants a way to save them - an investment strategy, a place to hide their assets, etc.


Let me give you the answer folks, and you're not going to like it:


There is only one way, and that is to save everyone. That is, to force this crap to stop - by whatever means are necessary - and possible.


Yeah, that's a strong statement. It's also true.


presume that we don't do this... At some point one of two things

Either the world blows the dollar off and it literally
collapses in value by half in the space of a few days, or we get into a
printing spiral that debases the currency so fast that prices change
between the time you go to work and get home. But your wages won't go
up because of exporting our labor to China, so you will slowly - or
not-so-slowly - be unable to buy necessities - food and energy, along
with medical care.


Either way the end point is the same. The
government becomes unable to issue Social Security, Medicare and
Medicaid checks, along with paying people like the Military. At the
same time you're literally being starved to death. In desperation the
government will then attempt to seize everything through some form -
whether it be through massive fines and forfeiture, or whether it is
through simple tax increases. That of course will simply make it


You can try to hide in something like Gold, but it won't
do you a bit of good. The government is not that dumb. They already
have in the law provisions requiring reporting of transactions over
$600. They'll go to a fully-electronic currency (we're damn close to
being there now) and force clearing of all transactions through The Fed. This will effectively create a 100% reportable - and taxable - data stream.


If you try to barter around it, and you will, they'll fix that too. Treasury will simply expand the already existing
IRS program for "rats." Your neighbor and everyone else will be
"enticed" with a 20% reward for all "off-grid" transactions that they
report. And civil forfeiture will be used to literally steal everything
you own when - not if - you get caught.


Forget it folks,
unless you're planning on going Rambo. And if you're going to do that,
you may as well get started now. You'll go to prison or die - but
over time people dying for what they believe is nothing new. We call
them terrorists when they lose - and freedom fighters when they win.
In 1776 a bunch of men decided they had enough, and they pledged their lives, their fortunes and their sacred honors. They, in aggregate, won and thus are "freedom fighters" - but some of them also died.


the noise I hear - all words and bluster behind keyboards but no
gunshots - tell me that nobody's prepared to do that. So quit babbling
about it. All that does is get you on the No-Fly list and a visit from
the guys in the black (and armored) Escalades. Don't bother with
"sound and fury" nonsense. You're not only wasting your breath you'll
get arrested - for nothing.


No, the only solution is for the people to get ****ed off enough to rise up peacefully but in a form and fashion that makes clear that we're not talking, we're demanding. We're putting in front of Congress and other officials positions that are not "polite requests" - they're instructions, as all citizens are entitled to put forward to their elected officials.


The people en-masse must come to the conclusion that this will not be allowed to stand.


of that mandate does not require unlawful acts. There may be some
people who decide to embark on them, but that's not the message that is
being sent or intended.


No, instead the message to send is that we have choices that are lawful and peaceful, and we will exercise them in full.

  • We will not do business with banksters who caused this or any merchant who does.

  • We will not work overtime or even work hard; we will instead engage in consumer withdrawal, making as little as possible and drawing as much from the government as we can. That is, we will try to suck the government teat dry and lawfully minimize what we give both to big corporations and government.
  • We will NOT cooperate with law enforcement.
    "You have the right to remain silent" is an absolute. This already
    takes place in parts of America - go try to investigate a crime in some
    gang-ridden place. Nobody will talk. Well, we can make that the rule
    everywhere - we can make the decision that the government is a bunch of gangsters,
    and we will not help them. Our eyes are closed when it comes to
    Government. All we will respond with is a polite "Have a nice day."
  • We WILL picket, protest, and show up in front of banksters and politicians homes - not just offices. We have a right of free speech in The Constitution and we will use it. You don't have to listen, but the streets are PUBLIC PLACES. Peaceful protests - but lots of them, in your face, every single day. Public shaming is very effective. If you want to be in a public role - running a big publicly-traded bank or in a political office you're fair game to have signs waved in your face no matter where you are. Sure,
    they'll withdraw from the public - that's fine. Guess what?
    Barricading themselves inside a fort hurts them - and their families -
    more than it hurts us.
  • We WILL intentionally ostracize both banksters and politicians. We will NOT
    cut their hair, sell them gas or groceries, or fix their air
    conditioners. A Bankster comes into church, they sit in an empty pew -
    nobody will get within 10' of them. Communion? Surely you jest. You
    want 20% of our income as a tax due to QE2? Fine. You can have it,
    but you're cutting your own hair, your own grass, and fixing your own
    damn car. We won't rent you an apartment, we won't quote your new
    windows or a new roof. In short, we're going to say "screw you", and
    every time we see you on the street, we're going to say it literally
    and loudly, just to make sure you understand. If that drives them into
    isolation, that's good, not bad. The Amish call it
    "shunning." It's part of your civil rights - you have a right to
    freedom of association, which includes the right not to associate. Guess what - being a bankster or politician isn't a protected class.

Look, at this point folks we have a former Chief Underwriter for Citibank who has testified under oath, in written form, that they were knowingly
making bad loans to people. It wasn't an accident, and it wasn't
carelessness - certainly not when they took these knowingly-bad loans and sold them to investors.


Yet people still [do business with the too big to fail banks who have committed massive fraud on America].


Its your dollar.


This nation is yours.


Its currency is yours.


And the actions of these people - Bernanke, Congress and the rest - ultimately only happen because you consent.


Are you going to continue to consent?


Once more, can I ask why? Do you like being screwed? Do you like high taxes - especially illegally-imposed back-door taxes used to fill in the holes in the fraudsters' balance sheets - the
very holes that were created through the process that caused you, or
your neighbor, to wind up with a bubble house and an un-affordable
mortgage - one that was or will be foreclosed upon?


Let's assume you refuse to continue to consent.


you choose to protest, to withdraw consent, and to engage in every
lawful act available to you to stop it, when do you consider the job
"done" and stop?


That's up to the politicians, but I'll put forward my standards for what would be "sufficient" for me to call my job done and stop writing Tickers.


The politicians can choose tomorrow
to initiate forensic audits, mark everything to the market, force the
bogus loans out into the open and, likely, take these firms into
receivership. Detonate the bad debt, renegotiate the loans that are
viable and have a lower loss in doing so rather than foreclosing, clear
the balance sheets. Break the big banks up, bar the executives from
any financial or publicly-traded firm for life. Refer anything crooked
found to prosecutors with instructions to not only prosecute but seek
forfeiture of all the ill-gotten gains. Impeach Bernanke and make
clear, through changes to law if necessary, that "price stability" means
just that - we all go to the store seeking mild deflation every day, and we insist that The Fed both stop trying to prevent it and
leave those with savings able to earn a decent low-risk return by
ceasing their tampering with interest rates and protection of scammers
and frauds.


If and when they make that decision, we the people stop, because we will no longer have anything to be ****ed off about.


then, we don't - and if that means that the banksters and politicians
wind up with hair down to their ankles, a leaky roof, a broken car and a
hundred people waving signs in their faces every time they open their


So be it.


Will you step up, or are you going to continue to consent to being assaulted?

And see this.

How can both liberals
and conservatives be calling for the same thing - massive protests
against the banking elites and their water-carriers in D.C.?

Because that's what all Americans want.

While the elites have tried to divide and conquer America into a false left-versus-right dichotomy, all Americans want the rule of law to be enforced.

All Americans want the big boys to be held accountable to the same laws that we have to follow.

All Americans want there to be a level playing field so that the little guy has a chance to compete fairly.

For liberals, remember Martin Luther King Jr. and Gandhi.

For conservatives, this is what Jesus would do: kick the moneychangers out of the temple.

You know it ... now act.

We can save America in a week if we follow the call ...

Postscript: George Orwell - author of 1984 - pointed out in the Tribune (October 19, 1945),
the effectiveness of arms in preventing tyranny partly depends on
whether the average citizen can afford the current weapon of choice
possessed by the government:

connection between the discovery of gunpowder and the overthrow of
feudalism by the bourgeoisie has been pointed out over and over again.
And though I have no doubt exceptions can be brought forward, I think
the following rule would be found generally true: that ages
in which the dominant weapon is expensive or difficult to make will
tend to be ages of despotism, whereas when the dominant weapon is cheap
and simple, the common people have a chance
. Thus, for example,
tanks, battleships and bombing planes are inherently tyrannical
weapons, while rifles, muskets, long-bows and hand-grenades are
inherently democratic weapons. A complex weapon makes the strong
stronger, while a simple weapon--so long as there is no answer to
it--gives claws to the weak.

The great age of democracy and of
national self-determination was the age of the musket and the rifle.
After the invention of the flintlock, and before the invention of the
percussion cap, the musket was a fairly efficient weapon, and at the
same time so simple that it could be produced almost anywhere. Its
combination of qualities made possible the success of the American and
French revolutions, and made a popular insurrection a more serious
business than it could be in our own day. After the musket came the
breech-loading rifle. This was a comparatively complex thing, but it
could still be produced in scores of countries, and it was cheap, easily
smuggled and economical of ammunition. Even the most backward nation
could always get hold of rifles from one source or another, so that
Boers, Bulgars, Abyssinians, Moroccans--even Tibetans--could put up a
fight for their independence, sometimes with success. But thereafter
every development in military technique has favoured the State as
against the individual, and the industrialised country as against the
backward one ...The one thing that might reverse it is the discovery of a
weapon--or, to put it more broadly, of a method of fighting--not
dependent on huge concentrations of industrial plant.