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Posts Tagged ‘extraconstitutional authority’

Decadence of Rome can be summed up in the adage ‘All roads lead to Rome’. The empire was only concerned of taxes, luxury and essential goods streaming in from every road. The wealth of course went into the state coffers and into the pockets of a few families. The empire wasn’t concerned as much about the poor,  workmen and slaves while the few had too much of power, riches and privileges.  The sting of such sweet life that a superpower nation offers to citizens is a price too dear. It saps the moral fibre of each member of the select few. Rome’s fall was hastened by their flouting of some simple home truths. Character of every citizen must add up fairly even handed and nation’s health is made by just laws. Rome allowed certain group uncontrolled power to run the empire.
The same we see now in slightly modified form, noticeably in unrestrained free enterprise of finance. Those who have mishandled the trust of a nation shall gamble away unrepentant, if they get another chance. A gambler’s compulsive nature they will show. Recently I read of some US banks warning that they may not be able to give a proper account of the bailouts they have had. What with such a crisis in consumer confidence at the present we expect the Banks would treat any bailout as manna from heaven. Instead we have here an example of custodians of Nation’s financial health making a mess of money given out to them.  I can only compare it to the expression, ‘ casting pearls before swines’. It is, I suppose, rooted in human nature to be lackadaisical of whatever freely given because of some deeply ingrained wrong habit. The man  in the receiver. A child who gets always into trouble may be helped by another. If such help has come unstintingly it is almost certain he even when old shall go on making mistakes. He may even by experience think the world owes him at least that much. Is it not a moral sickness? Similarly one who has always had support of his class and some who are powerful develop habits that can only spell disaster for so many. The custodians of nation’s wealth having handled money in a very-free- for- all- and- greed- is -good atmosphere are more likely to be less than scrupulous on the commodity of trust in particular. Mr. Bernard Madoff  knew he could get away with his alleged ‘swindle’ under the cloak of philanthropy.  Worse still he knew the regulators would not find him out.  Yes in an insulated bubble of greed the regulators, politicians and crooked capitalists are all patriots of another kind. They beat the drum and wave the flag of their country.  The ilk of Alan Greenspan, Cox, from their positions of  trust and  responsibility  all assure the nation’s wealth is showing great flexibility. Which nation do they serve? These serve a land where money is the only constitution and rule of law is proved by profits. Whereas patriotism of the common man is paid in blood, tears and sweat. When such things become well entrenched in nation’s life remember Rome.
Playing within the system to which only a few are admitted is sure to come unstuck sooner or later.
benny

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