Living Above The Law

Laws are always aggressively enforced on the poor. Moving up the status ladder, laws are enforced on middle class, upper middle class modestly rich and ordinary rich. Laws enforcement is applied with lesser and lesser degrees the higher one moves up the income ladder.

At the very top to are citizens with great political power and unfathomable wealth or influence. Members of congress are in that category as are presidents and those who contribute heavily to political campaigns. Those who live at these higher levels can normally commit any crime without ever being prosecuted or punished. Impunity from the law is not gained by some agreement or by joining a group. Basically folks at this level need each other and have common goals and aspiration. The friendships, allegiances and associations they have with one another evolve naturally. Every now and then one or more of these anointed types does end up facing justice.

Why did Bernie Madoff end up in prison? Madoff did something that made the group he belong look bad. Why have Harvey Weinstein’s friends and colleagues turned against him? He is no longer an asset to his peer group. His presence threatens the aspirations and agendas of his associates. Why is Hillary Clinton still sitting on her high perch and still living above the law? Her presence within the elite is still not threatening enough to them to justify throwing her overboard. It could happen and in time we will know.

Those who live above the law complement one another’s agendas. When that changes, especially where other elites might be damaged, by one of the others behavior, the law is then applied to that one person. To be a member of the small elite group when dictates policy to governments around the world no harm must be done to the group as a whole.

None of this is by formal agreement. Given the laws of dominance and subservience that govern the universe, it just morphs out that way.

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About Fantasy Free Economics

James Quillian independent scholar,free market economist,and teacher of natural law. Who is James Quillian? Certainly I am nobody special, Just a tireless academic and deep thinker. Besides that, I have broken the code with respect to economics and political science. Credentials? Nothing you would be impressed with. I am not a household name. It is hard to become famous writing that virtually no one in the country is genuinely not in touch with reality. But, if I did not do that, there would be no point in my broking the broken the code. If you read the blog, it is easy to see that there are just a few charts, no math and no quantitative analysis. That is not by accident. Given what I know, those items are completely useless. I do turn out to be highly adept at applying natural law. Natural law has predominance over any principles the social science comes up. By virtue of understanding natural law, I can debunk, in just a few sentences , any theory that calls for intervention by a government. My taking the time to understand the ins and outs of Keynes General Theory is about like expecting a chemistry student to completely grasp all that the alchemists of the middle ages thought they understood in efforts to turn base metals into goal. Keynesian theory clearly calls for complete objectivity. Government can only make political decisions. Keynesian techniques call for economic decisions. So, why go any further with that? Fantasy Free Economics is in a sense a lot like technical analysis. Technical analysis began with the premise that it was impossible to gain enough information studying fundamentals to gain a trading advantage. Study the behavior of investors instead. Unlike technical analysis, I don't use technical charts. What I understand are the incentives of different people and entities active in the economics arena. For example, there is no such thing as an incentive to serve with life in the aggregate. In the aggregate, only self interest applies. It is routinely assumed otherwise. That is highly unappealing. But, I am sorry. That is the way it is. I can accept that because I am genuinely in touch with reality. Step one in using Fantasy Free Economics is for me to understand just how little I really know. A highly credentialed economist may know 100 times what I do based on the standard dogma. Compare the knowledge each of us has compared to all there is to know and we both look like we know nothing at all. There is always more than we don't know than what we do know. I am humble enough to present myself on that basis. Why? That is the way it is. I am not bad at math. I have taught math. What I understand is when to use it and when to rely on something else. Math is useless in natural law so I don't use it. While others look at numbers, I am busy understanding the forces in nature that makes their numbers what they are. That gives me a clear advantage.