IN CONGRESS, JULY 4, 1776

The Unanimous Declaration of the Thirteen United States of America

When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, — That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness. Prudence, indeed, will dictate that Governments long established should not be changed for light and transient causes; and accordingly all experience hath shewn that mankind are more disposed to suffer, while evils are sufferable than to right themselves by abolishing the forms to which they are accustomed. But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security. — Such has been the patient sufferance of these Colonies; and such is now the necessity which constrains them to alter their former Systems of Government. The history of the present King of Great Britain is a history of repeated injuries and usurpations, all having in direct object the establishment of an absolute Tyranny over these States. To prove this, let Facts be submitted to a candid world.

He has refused his Assent to Laws, the most wholesome and necessary for the public good.

He has forbidden his Governors to pass Laws of immediate and pressing importance, unless suspended in their operation till his Assent should be obtained; and when so suspended, he has utterly neglected to attend to them.

He has refused to pass other Laws for the accommodation of large districts of people, unless those people would relinquish the right of Representation in the Legislature, a right inestimable to them and formidable to tyrants only.

He has called together legislative bodies at places unusual, uncomfortable, and distant from the depository of their Public Records, for the sole purpose of fatiguing them into compliance with his measures.

He has dissolved Representative Houses repeatedly, for opposing with manly firmness his invasions on the rights of the people.

He has refused for a long time, after such dissolutions, to cause others to be elected, whereby the Legislative Powers, incapable of Annihilation, have returned to the People at large for their exercise; the State remaining in the mean time exposed to all the dangers of invasion from without, and convulsions within.

He has endeavoured to prevent the population of these States; for that purpose obstructing the Laws for Naturalization of Foreigners; refusing to pass others to encourage their migrations hither, and raising the conditions of new Appropriations of Lands.

He has obstructed the Administration of Justice by refusing his Assent to Laws for establishing Judiciary Powers.

He has made Judges dependent on his Will alone for the tenure of their offices, and the amount and payment of their salaries.

He has erected a multitude of New Offices, and sent hither swarms of Officers to harass our people and eat out their substance.

He has kept among us, in times of peace, Standing Armies without the Consent of our legislatures.

He has affected to render the Military independent of and superior to the Civil Power.

He has combined with others to subject us to a jurisdiction foreign to our constitution, and unacknowledged by our laws; giving his Assent to their Acts of pretended Legislation:

For quartering large bodies of armed troops among us:

For protecting them, by a mock Trial from punishment for any Murders which they should commit on the Inhabitants of these States:

For cutting off our Trade with all parts of the world:

For imposing Taxes on us without our Consent:

For depriving us in many cases, of the benefit of Trial by Jury:

For transporting us beyond Seas to be tried for pretended offences:

For abolishing the free System of English Laws in a neighbouring Province, establishing therein an Arbitrary government, and enlarging its Boundaries so as to render it at once an example and fit instrument for introducing the same absolute rule into these Colonies

For taking away our Charters, abolishing our most valuable Laws and altering fundamentally the Forms of our Governments:

For suspending our own Legislatures, and declaring themselves invested with power to legislate for us in all cases whatsoever.

He has abdicated Government here, by declaring us out of his Protection and waging War against us.

He has plundered our seas, ravaged our coasts, burnt our towns, and destroyed the lives of our people.

He is at this time transporting large Armies of foreign Mercenaries to compleat the works of death, desolation, and tyranny, already begun with circumstances of Cruelty & Perfidy scarcely paralleled in the most barbarous ages, and totally unworthy the Head of a civilized nation.

He has constrained our fellow Citizens taken Captive on the high Seas to bear Arms against their Country, to become the executioners of their friends and Brethren, or to fall themselves by their Hands.

He has excited domestic insurrections amongst us, and has endeavoured to bring on the inhabitants of our frontiers, the merciless Indian Savages whose known rule of warfare, is an undistinguished destruction of all ages, sexes and conditions.

In every stage of these Oppressions We have Petitioned for Redress in the most humble terms: Our repeated Petitions have been answered only by repeated injury. A Prince, whose character is thus marked by every act which may define a Tyrant, is unfit to be the ruler of a free people.

Nor have We been wanting in attentions to our British brethren. We have warned them from time to time of attempts by their legislature to extend an unwarrantable jurisdiction over us. We have reminded them of the circumstances of our emigration and settlement here. We have appealed to their native justice and magnanimity, and we have conjured them by the ties of our common kindred to disavow these usurpations, which would inevitably interrupt our connections and correspondence. They too have been deaf to the voice of justice and of consanguinity. We must, therefore, acquiesce in the necessity, which denounces our Separation, and hold them, as we hold the rest of mankind, Enemies in War, in Peace Friends.

We, therefore, the Representatives of the united States of America, in General Congress, Assembled, appealing to the Supreme Judge of the world for the rectitude of our intentions, do, in the Name, and by Authority of the good People of these Colonies, solemnly publish and declare, That these united Colonies are, and of Right ought to be Free and Independent States, that they are Absolved from all Allegiance to the British Crown, and that all political connection between them and the State of Great Britain, is and ought to be totally dissolved; and that as Free and Independent States, they have full Power to levy War, conclude Peace, contract Alliances, establish Commerce, and to do all other Acts and Things which Independent States may of right do. — And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our Lives, our Fortunes, and our sacred Honor.

John Hancock

New Hampshire:
Josiah Bartlett, William Whipple, Matthew Thornton

Massachusetts:
John Hancock, Samuel Adams, John Adams, Robert Treat Paine, Elbridge Gerry

Rhode Island:
Stephen Hopkins, William Ellery

Connecticut:
Roger Sherman, Samuel Huntington, William Williams, Oliver Wolcott

New York:
William Floyd, Philip Livingston, Francis Lewis, Lewis Morris

New Jersey:
Richard Stockton, John Witherspoon, Francis Hopkinson, John Hart, Abraham Clark

Pennsylvania:
Robert Morris, Benjamin Rush, Benjamin Franklin, John Morton, George Clymer, James Smith, George Taylor, James Wilson, George Ross

Delaware:
Caesar Rodney, George Read, Thomas McKean

Maryland:
Samuel Chase, William Paca, Thomas Stone, Charles Carroll of Carrollton

Virginia:
George Wythe, Richard Henry Lee, Thomas Jefferson, Benjamin Harrison, Thomas Nelson, Jr., Francis Lightfoot Lee, Carter Braxton

North Carolina:
William Hooper, Joseph Hewes, John Penn

South Carolina:
Edward Rutledge, Thomas Heyward, Jr., Thomas Lynch, Jr., Arthur Middleton

Georgia:
Button Gwinnett, Lyman Hall, George Walton

from UShistory.org

7 responses

  1. Janelle Shepard

    Amen and hallelujah.

  2. Senator Blutarsky

    King George III Won: Happy Fourth of July!

    Dees Illustration
    David Sampson, Contributing Writer
    Activist Post

    The Declaration of Independence is best remembered as a declaration of war, a war declared on the grounds that we wanted our own flag. The sheer stupidity and anachronism of the idea serves to discourage any thoughts about why Canada didn’t need a bloody war, whether the U.S. war benefited people outside the new aristocracy to whom power was transferred, what bothered Frederick Douglas so much about a day celebrating “independence,” or what the Declaration of Independence actually said.

    When you read the Declaration of Independence, it turns out to be an indictment of King George III for various abuses of power. And those abuses of power look fairly similar to abuses of power we happily permit U.S. presidents to engage in today, either as regards the people of this nation or the people of territories and nations that our military occupies today in a manner uncomfortably resembling Britain’s rule over the 13 colonies.

    Or perhaps I should say, a large portion of us take turns being happy or outraged depending on the political party with which the current president is identified.

    “We have been sliding for 70 years to a situation where Congress has nothing to do with the decision about whether to go to war or not, and the president is becoming an absolute monarch.” Thus spoke Congressman Jerrold Nadler (D., N.Y.) on the floor of the House recently, some years after having refused to back the impeachment of President George W. Bush, thus facilitating the slide toward the current situation.

    Daniel Ellsberg, the whistleblower who leaked the Pentagon Papers 40 years ago, recently commented that President Nixon had finally won. Although Ellsberg was acquitted of criminal charges, the facts made public, and Nixon compelled to resign, all of the abuses of power Nixon faced possible impeachment and prosecution for have now been legalized (or made acceptable practice): warrantless spying, searches and seizures, baseless secrecy, assassination attempts, etc. By the same logic, King George III is as big a winner as Richard M. Nixon. A quick survey of the charges brought against King George III on July 4, 1776, is illuminating:

    He has refused his Assent to Laws, the most wholesome and necessary for the public good.
    Our current president brushes aside inconvenient laws like the War Powers Resolution and backs retroactive immunity for the violation of laws like the Foreign Intelligence Surveillance Act. His approach to the enforcement of laws against tyrannical abuse is one of “looking forward, not backward.”

    He has forbidden his Governors to pass Laws of immediate and pressing importance, unless suspended in their operation till his Assent should be obtained; and when so suspended, he has utterly neglected to attend to them.

    President Obama dictated the terms of a health insurance reform bill to Congress, a bill that makes it much more difficult for states like Vermont and California, that want to, to actually provide their people with healthcare, unless they get special permission from Obama. Similarly, Obama has threatened to prevent states from legalizing marijuana, supported federal law that prevents states from granting their gay citizens full marriage rights, etc. But it is when we look abroad that we truly see the resemblance to King George III, as U.S. presidents dictate to the people of Iraq, Afghanistan, etc. The people of Iraq have wanted independence since 2003. When President Bush imposed three more years of war three years ago, Senator Obama objected to the unconstitutional treaty made without the advice or consent of the Congress. Now President Obama’s concern is how to stretch the occupation out beyond the end of this year. The Iraqis still can’t see any dawn’s early light.

    He has refused to pass other Laws for the accommodation of large districts of people, unless those people would relinquish the right of Representation in the Legislature, a right inestimable to them and formidable to tyrants only.

    Those people of course include the people of Washington, D.C., Puerto Rico, Guam, the Marianas, the Virgin Islands, etc., not to mention the occupied peoples of Iraq and Afghanistan, or the people of the dozens of nations around the world occupied by U.S. military bases and dictated to by U.S.-dominated global financial institutions.

    He has called together legislative bodies at places unusual, uncomfortable, and distant from the depository of their Public Records, for the sole purpose of fatiguing them into compliance with his measures.

    No fireworks and military parades for our legislative body this year. Congress is staying in town because it’s one thing to slash taxes for billionaires and corporations or to hand Wall Street hundreds of billions of dollars or to launch unauthorized wars or to spend more than most state governments need merely on air-conditioning our imperial offices in Iraq and Afghanistan, it is entirely something else to allow the government to continue borrowing money without making some unemployed, sick, homeless, and elderly Americans suffer some more. Shared sacrifice, people! A fatigued Congress is a cruel Congress.

    He has dissolved Representative Houses repeatedly, for opposing with manly firmness his invasions on the rights of the people.

    Does organizing a coup in Honduras qualify? What about the work of our puppet tyrant, Mr. Karzai, over yonder in Afghanistan, where the representative houses have effectively been dissolved?

    He has refused for a long time, after such dissolutions, to cause others to be elected, whereby the Legislative Powers, incapable of Annihilation, have returned to the People at large for their exercise; the State remaining in the mean time exposed to all the dangers of invasion from without, and convulsions within.

    Afghanistan, again, is the 13 colonies here.

    He has endeavoured to prevent the population of these States; for that purpose obstructing the Laws for Naturalization of Foreigners; refusing to pass others to encourage their migrations hither, and raising the conditions of new Appropriations of Lands.

    Obama has been deporting about 400,000 people per year, a record. He also briefly deported himself over to Copenhagen to single-handedly kill efforts that might have slowed the warming of the earth’s atmosphere, a warming that is ruining lands long since appropriated.

    He has obstructed the Administration of Justice by refusing his Assent to Laws for establishing Judiciary Powers.

    Obama has built on Bush’s work of eliminating judiciary and legislative powers by rewriting laws with signing statements, creating laws with executive orders (including a law eliminating the right to habeas corpus), re-interpreting laws through the White House counsel and the Department of Justice’s Office of Legal Counsel whose secret and public memos are treated as law. Obama has made huge new strides in preventing courts from reviewing crimes on the grounds of “state secrets.”

    He has made Judges dependent on his Will alone for the tenure of their offices, and the amount and payment of their salaries.

    The relationship between Obama and the International Criminal Court resembles this situation. The ICC can be pressured by the United States to break all land speed records to indict Muammar Gadaffi, while stalling everywhere else and never indicting U.S. rulers at all. Obama has also applied great and effective pressure to block the courts of Spain from prosecuting U.S. crimes.

    He has erected a multitude of New Offices, and sent hither swarms of Officers to harass our people and eat out their substance.

    Raids and prosecutions of peace activists come to mind.

    He has kept among us, in times of peace, Standing Armies without the Consent of our legislatures.

    Northern Command, Homeland Security, and the integration of the military and police in “fusion” centers, are compounded by the proliferation of for-profit mercenary firms. An oil spill was guarded by the military in the Gulf of Mexico in a way in which the gulf itself is never protected from oil corporations, foreign or otherwise, and in which our homes and jobs and communities are never guarded against Wall Street. But, of course, it is abroad that the parallels are strongest. The United States maintains 1,000 bases in other people’s countries, many of those countries run by absolute monarchs. If the Pentagon decides to launch a “humanitarian intervention” into Saudi Arabia or Bahrain, it will be no more an intervention than Libya was: it will be switching sides. The United States is already permanently intervened almost everywhere.

    He has affected to render the Military independent of and superior to the Civil Power.
    This is how the late Richard Holbrooke and the current Secretary of State Hillary Clinton have both described the “civilian” portion of U.S. operations in Afghanistan — as subservient to the military. Wikileaks cables reveal the State Department to be dedicating much of its resources to marketing U.S.-made weapons to foreign governments. The U.S. military is increasingly being privatized and hidden within alliances like NATO and funded through secret unaccountable budgets, thus placing it beyond the control of Congress. The President openly defers to the military’s generals on how much and whether to escalate or de-escalate wars, as well as to the CIA on whether to prosecute war crimes. And the current president has intentionally and unnecessarily launched a new war in Libya without any declaration of war or lesser facsimile thereof from Congress.

    He has combined with others to subject us to a jurisdiction foreign to our constitution, and unacknowledged by our laws; giving his Assent to their Acts of pretended Legislation:

    Our finances are dictated by the Federal Reserve, in secret. Corporations write our laws and fund our misrepresentatives’ campaigns. NAFTA, the WTO, and other unelected bodies dictate to our domestic law makers. The United Nations and NATO are used to place war powers in the hands of the president and the military. Even our educational system is being privatized, as our incarceration system has been — while profits from both contribute to the shaping of future laws and policies. Struggling states are handing the governance of struggling cities over to private corporations and tinpot dictators as well.

    For quartering large bodies of armed troops among us:

    Some 6,000 bases spread throughout the United States render the Third Amendment to the U.S. Constitution the only piece of the Bill of Rights not grossly violated because there is no party with any interest in violating it.

    For protecting them, by a mock Trial from punishment for any Murders which they should commit on the Inhabitants of these States:

    President Obama has issued a royal decree granting himself the power to assassinate American citizens, which he has attempted to do, working from a list he has developed of the Americans who are to be murdered.

    For cutting off our Trade with all parts of the world:

    This the United States does to other nations, such as Iran, through economic sanctions. Since the United States and Persia and most of the rest of the world adopted the Kellogg-Briand Pact, abolishing war, in 1928, Iran has not violated it by attacking another nation. The United States, for which, under Article VI of the Constitution, that Pact is still the Supreme Law of the Land, has hardly let a year go by without violating it. Yet we choose to cut off trade with all parts of the world to them, not vice versa.

    For imposing Taxes on us without our Consent:

    The United States strips foreign nations of their resources, and domestically indeed imposes taxes that U.S. citizens would never agree to if given the opportunity to vote. We want billionaires and corporations taxed, we want carbon taxed, we want the military cut and the banksters cut off. But we do not want to be carrying the burden ourselves. We have 400 royals possessing more wealth than half the country. They are listed and described openly, and honored, as the Forbes 400. This disparity of wealth shames kingdoms of the past. When Eduardo Galeano exposed the exploitation of Latin America in his 1973 masterpiece “Open Veins of Latin America,” he complained that 6 million Latin Americans had as much as 140 million. Would that things were merely that bad in the United States today!

    For depriving us in many cases, of the benefit of Trial by Jury:

    Only a tiny percentage of U.S. cases go to trial at all now, while of course others go to military “courts” or simply lawless imprisonment without end.

    For transporting us beyond Seas to be tried for pretended offences:
    The word for this now is “rendition,” only we tend to skip the part about providing people with a trial.

    For abolishing the free System of English Laws in a neighbouring Province, establishing therein an Arbitrary government, and enlarging its Boundaries so as to render it at once an example and fit instrument for introducing the same absolute rule into these Colonies

    Interestingly, the abuses imposed on scary non-white non-English-speaking non-Christians in Guantanamo are rapidly being introduced into the United States for all of us to enjoy, beginning with people like Bradley Manning. Meanwhile, Iraq, Afghanistan, and Libya are intended to serve as U.S. military bases in dozens of other nations serve: as jumping off places to neighboring Provinces.

    For taking away our Charters, abolishing our most valuable Laws and altering fundamentally the Forms of our Governments:

    The two most fundamental alterations of our most valuable laws and forms of government are coming fast on top of each other. First was Obama’s executive order tossing out habeas corpus. Second will be the 2012 “Defense Authorization Act” — specifically Section 1034 — which will formally transfer war making powers in most cases to the president and every future president.

    For suspending our own Legislatures, and declaring themselves invested with power to legislate for us in all cases whatsoever.

    Again, this is true in occupied nations abroad, and domestically as regards states’ rights to provide health coverage, drug legalization, or same sex marriage.

    He has abdicated Government here, by declaring us out of his Protection and waging War against us.

    This is most blatantly so in places Obama is drone-bombing: Afghanistan, Pakistan, Libya, Iraq, Yemen, Somalia. It is also so at home where banks and corporations are protected with massive bailouts, but people are not, while huge investments ARE made in incarceration and military recruitment.

    He has plundered our seas, ravaged our coasts, burnt our towns, and destroyed the lives of our people.

    Our president is pushing nuclear power, “clean” coal, and abandonment of the earth to climate chaos. The largest environmental disaster yet, the BP oil spill, has not been clean up, nor anyone punished. Los Alamos and Nebraska face the imminent risk of fires and floods causing nuclear catastrophe. Storms and more storms and worse storms are a-brewing, while Washington obsesses over weiners, dicks, and debt ceilings.

    He is at this time transporting large Armies of foreign Mercenaries to compleat the works of death, desolation, and tyranny, already begun with circumstances of Cruelty & Perfidy scarcely paralleled in the most barbarous ages, and totally unworthy the Head of a civilized nation.

    One word: Afghanistan.

    He has constrained our fellow Citizens taken Captive on the high Seas to bear Arms against their Country, to become the executioners of their friends and Brethren, or to fall themselves by their Hands.

    Afghans and Iraqis view collaborators in these terms. Observers of the torture of Bradley Manning also view that action as an effort to compel testimony against others and to intimidate other Americans.

    He has excited domestic insurrections amongst us, and has endeavoured to bring on the inhabitants of our frontiers, the merciless Indian Savages whose known rule of warfare, is an undistinguished destruction of all ages, sexes and conditions.

    Of course, the United States military long since destroyed the nations of “Indian Savages,” but much of this rings true today in Iraq and Afghanistan.

    In every stage of these Oppressions We have Petitioned for Redress in the most humble terms: Our repeated Petitions have been answered only by repeated injury
    http://www.activistpost.com/2011/07/king-george-iii-won-happy-fourth-of.html

  3. A blazing rendition, got my blood boiling. I guess I don’t understand the game here. You guys are just too smart for me. I know in all this profuse statement of facts, there is a nugget, but all I hear is anarchy. Where is the plan? It sure is easy to demonize “sticks and stones” but it really is hard to put a corrective action in place. Bluto, you have made your point to the choir,quite pointedly and detailed, what are the next steps? Ones that do follow our laws and can be engaged to improve our situation. I have found that scathing renditions do not gain support over time, they tend to be effective temporarily, and loose support when the rubber meets the road. There must be a plan of action associated with every situation identified without that there will a lot of head nodding and not much action. The actions you infer are way to dramatic for most folks. That will lead to inaction and the long way around.

    but maybe you aspire to approach “wing nut status” that would be a shame but stranger things have come along.

    1. Senator Blutarsky

      Stan…………being the man of actions and solutions that you tell us you are, what do you propose?

      How has writing your CONgress rep & senator in DC changed anything? How many calls did you make, or faxes, to Estes & King during this past, very unfruitful session in Austin ? (many many on my part) Have you been to public meetings and spoken out? (several on my part) Have you ever been on the staff of a US Congressional candidates’ campaign and personally paid for facilities and held public meetings and rallies? (yup) Have you ever been an area campaign manager for a presidential candidate? (bingo) …..have you ever organized , paid for, and hosted meetings in public facilities for which hundreds attended, with nationally known public speakers ? (yawn-sure have)……….have you passed out agenda driven literature, put cold hard cash down for candidates, made and put up signs all over numerous counties? ( bingo)

      Have you done research and informed others of misconceptions put forth by various office holders, and candidates? Have you dug in to our nations’ & states’ history, both good and bad , and rose above the smiley political garbage so many in public office spew, and callled them out ? ( oh yeah!)

      Thats the short list. Is that what you call “wing nut” status?

      Are you aware of the lastest X-O ?…….I am sure you are all over it, correct?

      http://www.jonchristianryter.com/Video/2011/110705.html

      Obama just implemented Agenda 21 by Executive Order 13575

  4. Bluto, you are a “man of constant sorrow” in the political arena, paid your dues, did the deed, counted the votes and moved hundreds to action. I really admire your diligence and forthright approach to your beliefs. There are thousands, maybe hundreds of thousands that need your message. And yes I read a bit and listen a bit, being older and not as educated as you apparently are I seem to filter all rhetorec based on what is palatable to my senses and experience. In a small way ( I am a small person) I have done some of the things that you purport. However, I’m like most people (the silent majority) just trying to make a living. by the time you figure out you were one of the one’s who stood by and watched it all happen. Well you know the rest of that story. have a good day

    O’ by the way, asking for a blueprint, no drawing one!

    1. Senator Blutarsky

      Heres a good one for ya!

      Our Politicians Are Selling Off Pieces Of America To Foreign Investors – And Goldman Sachs Is Helping Them Do It

      All over the United States, politicians are selling off key pieces of infrastructure to foreign investors and big Wall Street banks like Goldman Sachs are helping them do it. State and local governments across the country that are drowning in debt and that are desperate for cash are increasingly turning to the “privatization” of public assets as the solution to their problems. Pieces of infrastructure that taxpayers have already paid for such as highways, water treatment plants, libraries, parking meters, airports and power plants are being auctioned off to the highest bidder. Most of the time what happens is that the state or local government receives a huge lump sum of cash up front for a long-term lease (usually 75 years or longer) and the foreign investors come in and soak as much revenue out of the piece of infrastructure that they possibly can. The losers in these deals are almost always the taxpayers. Pieces of America are literally being auctioned off just to help state and local governments minimize their debt problems for a year or two, but the consequences of these deals will be felt for decades.

      Sadly, this trend continues to accelerate. Just this week, a bill that will allow the state government of Ohio to proceed with plans to lease the Ohio Turnpike to investors was approved. The state government of Ohio will soon receive a one-time injection of cash and everyone in the area that uses the Ohio Turnpike will end up paying much higher tolls for decades to come.

      Highways have also been auctioned off (most of the time to foreign investors) in Indiana, the city of Chicago, Florida, Virginia and Texas.

      Amazingly, many politicians continue to insist that selling off pieces of infrastructure that have already been fully paid for by taxpayers is a wonderful thing. In fact, there are actually some politicians that have the gall to call it a “conservative” thing to do.

      For example, Rick Perry has been at the forefront of the effort to “privatize” the highways of Texas.

      You would think that the people of Texas would have gotten rid of him by now, but considering the fact that he may be running for the Republican nomination in 2012, he just might be our next president.

      What makes the selling off of our infrastructure even worse is that big Wall Street banks such as Goldman Sachs are helping our corrupt politicians do it.

      In fact, Wall Street sees a tremendous opportunity in the “distressed assets” of our broke state and local governments.
      The fact that Goldman Sachs is making millions auctioning off our public infrastructure should make the blood of all red-blooded Americans boil. The following is a brief excerpt from a recent article posted on dylanratigan.com….
      On Wall Street, setting up and running “Infrastructure Funds” is big business, with over $140 billion run by such banks as Goldman Sachs, Morgan Stanley, and Australian infrastructure specialist Macquarie. Goldman’s 2010 SEC filing should give you some sense of the scope of the campaign. Goldman says it will be involved with “ownership and operation of public services, such as airports, toll roads and shipping ports, as well as power generation facilities, physical commodities and other commodities infrastructure components, both within and outside the United States.” While the bank sees increased opportunity in “distressed assets” (ie. Cities and states gone broke because of the financial crisis), the bank also recognizes “reputational concerns with the manner in which these assets are being operated or held.”

      Why does Goldman Sachs always seem to be at the heart of so many things that are wrong with our financial system?

      Unfortunately, Goldman Sachs is not the only one seeking to make a quick buck these days.

      Foreign investors in particular seem to have an affinity for pieces of U.S. infrastructure, and Wall Street banks such as Goldman Sachs love to help them gobble it up.

      The sovereign wealth funds of nations such as Saudi Arabia, China, Kuwait, Libya, Singapore and the United Arab Emirates are eagerly investing in highways, ports, toll roads and even parking meters all across America.

      So precisely what is a sovereign wealth fund?
      In a previous article I defined it as “a huge mountain of state-owned money that roams about the countryside looking for assets to gobble up.”

      The combination of sovereign wealth funds with huge piles of money to burn and state and local governments that are desperate to raise cash has created something of a “perfect storm”.

      In an article for Rolling Stone, Matt Taibbi documented some of the key pieces of infrastructure that these sovereign wealth funds have been gobbling up….
      A toll highway in Indiana. The Chicago Skyway. A stretch of highway in Florida. Parking meters in Nashville, Pittsburgh, Los Angeles, and other cities. A port in Virginia. And a whole bevy of Californian public infrastructure projects, all either already leased or set to be leased for fifty or seventy-five years or more in exchange for one-off lump sum payments of a few billion bucks at best, usually just to help patch a hole or two in a single budget year.
      As Taibbi noted, the money that is raised from these long-term leases usually only helps fix budget problems for a year or two, but the pieces of infrastructure that are being auctioned off will be in the hands of foreigners for decades to come.

      Sadly, much of our own infrastructure is not even built in this country anymore.

      For example, a 2,050 foot bridge that is going to connect San Francisco and Oakland is actually being built in China and is being shipped over to the U.S. piece by piece.

      This bridge is being constructed by the China State Construction Engineering Group, and according to an article in The Telegraph, they have been building a whole lot of major projects all over the United States….
      CSCEC has already built seven schools in the US, apartment blocks in Washington DC and New York and is in the middle of building a 4,000-room casino in Atlantic City. In New York, it has won contracts to renovate the subway system, build a new metro platform near Yankee stadium, and refurbish the Alexander Hamilton Bridge over the Harlem river.
      Massive corporations that are either fully or partially owned by the Chinese government are deeply integrating themselves into the U.S. economy.

      For much more on this phenomenon, please see a previous article I authored entitled “The Chinese Government Is Buying Up Economic Assets And Huge Tracts Of Land All Over The United States”.

      Sadly, as our state and local governments get even deeper into debt, the amount of infrastructure that is being auctioned off to foreigners will continue to grow.

      Most Americans don’t realize how desperate many state and local governments have become. For example, things have gotten so tight that New York City is now actually rationing toilet paper at Coney Island.

      The United States is drowning in debt from coast to coast and pieces of the country are literally being auctioned off. The looting and the “privatization” are only going to intensify as our state and local government debt problems get even worse.

      Perhaps on all future maps of the world we should just put a big “for sale” sign on the United States.

      What in the world has happened to this country?
      http://endoftheamericandream.com/archives/our-politicians-are-selling-off-pieces-of-america-to-foreign-investors-and-goldman-sachs-is-helping-them-do-it

  5. If you sell what I paid for, isn’t that a little like theft?

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