Inflation Riots

The following is a compilation, first published at Zero Hedge, of

statements made by The Baltimore Orioles Vice President, John Angelos. It

struck me as fascinating on two basic levels. First off, the stunner is that a

prominent elitist has spoken a bit of truth that would ordinarily be almost

unutterable among such circles. The second thing is how he ultimately gets it

wrong

The Baltimore Riots: The Stunning Comments By Orioles Owner's Son

http://www.zerohedge.com/news/2015-04-28/baltimore-riots-stunning-

comments-orioles-owners-son

“The day after violent protests left Baltimore burning in the wake of a

funeral held for Freddie Gray, who died after sustaining a spinal injury

while being taken into policy custody, Americans are struggling to explain

how the events that transpired on Monday evening are possible in modern

day America. While most are united in their condemnation of indiscriminate

violence, many still feel a palpable sense of injustice after witnessing

multiple instances of alleged police misconduct over the past year.

“In this context we present the following culled from Twitter messages

posted by Orioles Executive Vice President John Angelos, son of majority

owner Peter Angelos:

‘Brett, speaking only for myself, I agree with your point that the principle

of peaceful, non-violent protest and the observance of the rule of law is of

utmost importance in any society. MLK, Gandhi, Mandela, and all great

opposition leaders throughout history have always preached this precept.

Further, it is critical that in any democracy investigation must be completed

and due process must be honored before any government or police members

are judged responsible’

“That said, my greater source of personal concern, outrage and

sympathy beyond this particular case is focused neither upon one night’s

property damage nor upon the acts, but is focused rather upon the past four-

decade period during which an American political elite have shipped middle

class and working class jobs away from Baltimore and cities and towns

around the U.S. to third-world dictatorships like China and others, plunged

tens of millions of good hard-working Americans into economic devastation,

and then followed that action around the nation by diminishing every

American’s civil rights protections in order to control an unfairly

impoverished population living under an ever-declining standard of living

and suffering at the butt end of an ever-more militarized and aggressive

surveillance state.

“The innocent working families of all backgrounds whose lives and

dreams have been cut short by excessive violence, surveillance, and other

abuses of the Bill of Rights by government pay the true price, an ultimate

price, and one that far exceeds the importance of any kids’ game played

tonight, or ever, at Camden Yards. We need to keep in mind people are

suffering and dying around the U.S., and while we are thankful no one was

injured at Camden Yards, there is a far bigger picture for poor Americans in

Baltimore and everywhere who don’t have jobs and are losing economic civil

and legal rights, and this makes inconvenience at a ball game irrelevant in

light of the needless suffering government is inflicting upon ordinary

Americans.”

Not exactly what the US Department of Truth wanted to hear.

**

It may be true that jobs were shipped off and that technology itself is

changing the labor paradigm. But that’s a loaded statement - especially when

you throw in dictatorship.

That accusation immediately exposes the accuser. How can we defend

our own brand or ‘idea’ of democracy? If anything, we are more of a

plutocracy or oligarchy.

See where the representation comes from. Which part of the U.S.

population is represented in the national political discussion? A very small

number of wealthy (mainly financial) interests. Financial interests that,

collectively, do nothing productive for society and certainly are abusive of

what are popularly characterized as useful services.

Maybe ultimately, blame will be intended to fan the appetite for war.

Again, the U.S. manufacturing base was long ago shipped off shore as part

of the conversion to a fully consumption based economy; there has been a

massive underlying policy, or mental shift, at work for much, much longer.

One that existed before any of the other issues that it indirectly or directly

caused as part of its nature.

Certainly, the great financialization of every aspect of the economy that

occurred with it (bringing slow, steady indirect taxation via inflation) is

more of the culprit. Not to mention the horrid misallocation and suffocation

of what any would be real capital stream to those who happen to be at the

front of the line.

All the while, this historical monetary debacle continues to build risk to

proportions unimaginable, guaranteeing that an even worse crisis may be at

hand.

The violence in the street is just an organic expression of what most

refuse to see. It is the articulation of the voiceless, colorless, and soon to be

infinite underclass. A sign of the times. And a sobering sign of what is

coming.

For more articles like this, including thoughtful precious metals analysis beyond the mainstream propaganda and basically everything you need to know about silver, short of

outlandish fiat price predictions, check out http://www.silver-coin-investor.com