The Guernsey Literary and Potato Peel Pie Society

I was really bogged down in the beginning pages of May's book club selection, The Guernsey Literary and Potato Peel Pie Society until Adrienne passionately reviewed it for me yesterday at coffee, so I've persevered and have gotten into the story--entirely written in letters (1946) about the occupation in 1940 by the German Nazis in WWII of Guernsey, a small British island. The literary society of the title began life as a pig roast when a local woman managed to hide a pig from the German soldiers and invited her nearly starving neighbors to share. My political antennae were up as I read this section on what marvelous record keepers, regulators and law makers the German occupiers were. They recorded each piglet born, gave it a birth certificate, and then the death needed to be reported too, and the Germans would issue a death certificate for the deceased animals. The Islanders saw their hard work and agricultural crops stolen from them by the occupiers, so they devised a plan, and circulated the same dead piglet amongst themselves, hiding one of the healthy one so that the count came out right when the Germans came.

And here's where I got to thinking about our own government regulations, becoming over the years ever more oppressive and anti-free market. Right now we're being treated to the dog and pony show of government employees (Congress) scolding Goldman Sach employees. One made the regulations so they could take a big cut, the other got around the regulations by risk taking and cleverness so they could keep their cut. The only difference between this and the circulating dead pig story is that Goldman Sachs employees float in and out of the government and help make the regulations so it will all work to their advantage. The Islanders of the novel didn't move back and forth among the ranks of the Germans.

Goldman Sachs is heavily into the 10 trillion valued cap and trade scheme owning, like Al Gore, a chunk of the thin as air exchange houses, such as the Chicago Carbon Exchange (CCX), in which Obama was involved (board member of the Joyce Foundation) before he came President.

Our wealth (through higher taxes) is being distributed through smoke and mirrors exchanges like the dead pig on Guernsey Island. Soon it will be no more. The patent to facilitate the new carbon exchange industry has been purchased by Franklin Raines, our illustrious attorney general, accounting fraudster and former CEO of Fannie Mae deeply involved in our housing collapse. Scott Lesmes formerly of Fannie Mae bundling mortgages to resell to investors is now in charge of the same system for carbon exchanges.

Is this analogy weak? You betcha, but it just shows you things aren't always as they seem and regulations can sometimes smell like a dead pig.