The Ideological battle raging at heart of the Fed seems blind to what will be the rate of the change. How can't everyone see the telltale signs of a coming sovereign debt crisis? Inflation will hit soon, and so will higher taxes. Unemployment picture is very scary. We live in a nation where 24% of Republicans think Obama is the Anti-Christ and 79% of voters think the economy could collapse, including large majorities of Democrats (72%), Republicans (84%) and independents (80%)
This is not a Left/Right world, reality is multi-dimensional. The Health Care bill was another disaster for a free society. The Health bill sustains the system’s core ills. It's just another attempt by government to solve a problem by making failure illegal. The Health Care Mandate will even be Enforced by IRS 'Bounty Hunters'. It's just another addition to the greatest monetary expansion in U.S. history. And you must not underestimate its sweeping historical significance. This is why the full faith and credit of the federal government is now worth less than corporate debt.
The stimulus game is up. Foreign Central Banks are pulling out of US Treasures. As China shifts to being a net-consumer of resources, they are quickly running out of dollars which they can then recycle into US Treasuries. This Arcane Currency Battle Masks Deeper Economic Tensions with China. U.S. Fiscal Outlook may be ‘Somewhat Dark’ but we don't have too much to fear from a nation where raw sewage is resold for the oils that can be reclaimed.
We are likely to face "very substantial" losses from the government's takeover of home mortgage giants Fannie Mae and Freddie Mac. This is just another reason to say Goodbye to Your Retirement and 401K. Trillions in IRA funds could be forced into U.S. Treasury debt. They're forcing everyone's retirement into a collapsing pyramid scheme. What if, in the world of finance and economics, it was all just a big bubble? The Treasury is on an inevitable collision course with insolvency, courtesy of a government run amok. The NY Fed has been caught Manipulating Gold Prices. Former Federal Reserve Chairman Alan Greenspan said the recent rise in Treasury yields represents a “canary in the mine” that may signal further gains in interest rates. The government owned Greek bank was caught betting on the collapse of its own sovereign host. Could the Fed be betting against the American Economy?
When treasuries become worthless, the federal government will be forced into a massive downsizing and restructuring. This will happen at a time of very high commodity prices due to a failing dollar and near universal unemployment. Our economy will shift into a totalitarian demand economy overnight. Of course totalitarian economies can not exist for very long, and in the information age the lifespan a lie is becoming shorter and shorter.
Israel is becoming a rouge nation, facing diplomat expulsions in many western nations. Crisis expands control of the powerful. Europe will form a single economic government of the EU and increase its role in economic surveillance. The US is exploring the application of the Patriot Act against any right-wing individual or group that poses a danger to government operations. Yet the CIA has been hosting a Saudi website directing attacks on Americans. Did anyone even hear that N. Korea vows 'nuclear strikes'? I can't wait to hear WikiLeaks reveal Pentagon murder-coverup at US National Press Club, Apr 5. The rumor is that that the US “leadership” was considering “false flag” attack plans to kill Americans, plant evidence to blame Iran, and then launch a “defensive” attack upon Iran.
The American Dream may be over, but the passing of one ideal does not inhibit progress. Maybe Cthulhu will return in the madness of a world of legal drugs. Strange things do happen, and I want a future where we don't need to trim back the human spirit. Seeing synchronicities makes one much more aware of freewill, and how the present state is derived from the moment before it as if there is an underlying clockwork to reality. Could freewill be an illusion created by our conscienceless? Are we all puppets of fate? I doubt I'll ever know, but I do know the galaxy wants us to love and lust and kill and make art and cry and dream.
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