Germany and Peru school United States on Corruption

Wednesday December 7 was a particularly eventful day in the geopolitical realm, as both Peru and Germany acted swiftly to neutralize crises instigated by would-be insurgents. These moves done so decisively and with such finality and unity bear lessons for Americans who might be observing cracks in the foundation of their democracy with alarm.

In Peru, leftist president Pedro Castillo, who has been dogged by impeachment proceedings  twice since elected in 2021 on corruption charges, tried to dissolve congress, and also tried to institute a lock-down over the entire population, to thwart the third attempt to impeach him. His decrees, immediately and universally criticized as illegal, were ignored.

The vote proceeded, he was impeached, a new president was sworn in, and Pedro Castillo was thrown in jail by 4 pm that afternoon. No partisan meddling, no hesitation, no divided court, no violence.

While this was happening, Germany dispatched 3,000 police officers to round up over 150 ultra right-wing nationalists who, it is alleged, were planning an armed overthrow of the German government by executing Chancellor Olaf Scholz and installing something akin to the third Reich figureheaded by a descendant of the German nobility titled “Prince Heinrich XIII of Reuss”.

This movement was nipped in the bud when “The head of Germany’s Federal Criminal Police, Holger Muench, said officers searched about 150 locations across the country. At about 50 locations they found weapons, he told public broadcaster ZDF late Wednesday, without elaborating.”

The decisive and swift use of the law to prevent these attempted subversions of the democratic process is in stark contrast to the ubiquitous legal foot-dragging, congressional drivel and populist excuses of US lawmakers in prosecuting the promulgator of an actual insurrection that took the lives of government employees trying to defend the execution of democratic proceedings.

In both Germany and Peru’s case last week, the actions were pre-emptive in nature and so no violence, apart from fringe group protests, emerged.

How is it that the United States, which projects its status as a defender of democratic principles under the rule of law, cannot, for the life of it, bring prosecutorial actions successfully against high profile instigators of treason and insurrection, never mind the fraud, sexual assault, tax evasion and foreign influence peddling that Donal Trump is likely guilty of?

What is it about the US political structure that renders its claims of democratic defender laughable in comparison with what can only be described as the more developed democracies of Germany and Peru?

It will be interesting to see what the outcome of the January 6 investigations actually are as it pertains to Trump and his enablers.

But for the current moment, to the entire world ex of most Americans, the US appears to have regressed to the status of “developing nation”, at least politically speaking.

What do you think?

James West

Editor and Publisher

James West founded Midas Letter in 2008 and has since been covering the best of Canadian and US small cap companies. He covers global economics, monetary policy, geopolitical evolution, political corruption, commodities, cannabis and cryptocurrencies. As an active market participant, James is not a journalist and is invariably discussing markets...
More Info...

[email protected]

Midas Letter is provided as a source of information only, and is in no way to be construed as investment advice. James West, the author and publisher of the Midas Letter, is not authorized to provide investor advice, and provides this information only to readers who are interested in knowing what he is investing in and how he reaches such decisions.

Investing in emerging public companies involves a high degree of risk and investors in such companies could lose all their money. Always consult a duly accredited investment professional in your jurisdiction prior to making any investment decision.

Midas Letter occasionally accepts fees for advertising and sponsorship from public companies featured on this site. James West and/or Midas Letter may also receive compensation from companies affiliated with companies featured on this site. James West and/or Midas Letter also invests in companies on this site and so readers should view all information on this site as biased.