Bill Bonner

This empire thing…it’s going to be fun.

In the Roman collosseum, for example, the emperor got to decide who lived and who died. He put his thumb up…and the gladiator was spared. Thumbs down…and it was the coup de grace.

He could also issue death warrants for anyone — even his own family. Claudius did so on his own wife (she had it coming…).

And now…is it so different? Emperor Obama issues death warrants…no trial…no charges…no evidence…no muss, no fuss. Thumbs down. Then, zoom…kapow…a drone takes out the target.

Some commentators were outraged when Obama murdered two US citizens. Shouldn’t there be some due process of law, they wondered? Isn’t that was a ‘government of laws, not of men’ is all about?

But the critics should relax and enjoy the show. The best part is still ahead. It shouldn’t be too long before people in the US itself are targeted. They will be called ‘domestic terrorists.’ No evidence will be supplied. Providing evidence would compromise national security!

The first targets will be shadowy, marginal people. Then, the killers will become bolder. They will target better known people, who will be charged with being “traitors.” That is always the charge; one that is almost impossible to refute. Media critics. Rival politicians. Troublesome family members. Once the emperor, oops…president…with his death panel…can decide who lives and who dies, it is only a matter of time until many more people are killed.

And who will complain? Not the millions on food stamps…disability…unemployment… Not those with subsidies and fat tax breaks. Not those who got bailouts…or those with military contracts. Not government employees…or retirees on Social Security. Not the zombies; they know which side their bread is buttered on.

Even those who are not supported by the government directly will dare not speak out against it. Who knows; they might be the next targets.

Regards,

Bill Bonner,
for The Daily Reckoning

Bill Bonner

Since founding Agora Inc. in 1979, Bill Bonner has found success in numerous industries. His unique writing style, philanthropic undertakings and preservationist activities have been recognized by some of America's most respected authorities. With his friend and colleague Addison Wiggin, he co-founded The Daily Reckoning in 1999, and together they co-wrote the New York Times best-selling books Financial Reckoning Day and Empire of Debt. His other works include Mobs, Messiahs and Markets (with Lila Rajiva), Dice Have No Memory, and most recently, Hormegeddon: How Too Much of a Good Thing Leads to Disaster. His most recent project is The Bill Bonner Letter.

Recent Articles

Addison Wiggin
A Short History of Speculative Excesses and Wealth Preservation

Addison Wiggin

For of all John Law’s faults, he at least understood that he who holds hard assets wins the day. Addison took the liberty of grafting supporting evidence together from his book with Bill Bonner, Financial Reckoning Day. Read on to see how originators of some of the worst ideas can give us some good ones too...


Greeks Turn to Gold on Bank Bail-in and Drachma Risks

Mark Obyrne

The Greek stock market is down 36% year to date; the risk of global contagion in the event of a Greek exit is very real. Ordinarily such a crisis would require a massive coordinated effort from global stakeholders, perhaps directed by the IMF or some other pan-national financial body. But not in this case. Mark O’Byrne has the full story…


The Market’s An Emotional Wreck –Now What?

Greg Guenthner

Remember, the great commodity boom took more than a decade to play out. Prices skyrocketed across the board. But what goes up must eventually come down. Gold and silver lost their wings in 2013. Copper went into a death spiral late last year. And I don't have to tell you what's happened with oil over the past six months...