Thursday, August 18, 2011

Corruption At The Top Leads To Lawlessness By The People

Economist Noted 150 Years Ago That Corruption At the Top Leads to Lawlessness By The People

I've repeatedly noted that corruption at the top leads to lawlessness by the people.

William K. Black - Associate Professor of Economics and Law at the University of Missouri at Kansas City, and the former head S&L regulator - notes that conservative French economist Frédéric Bastiat said the same thing more than 150 years ago.

Specifically, Bastiat said that corruption and "plunder" by government officials causes lawlessness among the people (skip to the second half of the following interview):


Unfortunately, the lawlessness by those at the top will lead to lawlessness by the people. This will lead to the break down of the economy and the financial system ... and society as a whole.
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1 comment:

  1. The 5th Estate AsiaAugust 18, 2011 at 4:18 PM

    Governments and the satanic corporations that lie may expect to be lied to.

    Governments and the satanic corporations that steal from The People can expect to be stolen from.

    Governments and the satanic corporations that use violence against The People can expect the same in return.

    Governments and the satanic corporations that rape The People can expect to be reamed out twice over.

    Governments and the satanic corporations that attempt to destroy The People can expect to be destroyed in return.

    Robert S. Finnegan
    Free Peoples Of The United States In Exile
    Jakarta, Indonesia
    rsfinnegan@gmail.com

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