The IMF predicts the end to any recovery if there is not another credit expansion. Even the Fed is predicting a failed recovery if there is not more bailouts. The Bailouts are turning us from citizens into serfs. Yes, they are saying that the only way to "save the economy" is to hike taxes and give more money to the banks. How is the American public going to handle Bernanke's plan to raise taxes and cut entitlements? At a time when Unemployment Insurance goes bankrupt? Maybe everyone will find work Contesting Jobless Claims undermined a crucial safety net. Will the Fed just turn the printing presses back on to keep the pyramid up? The Whole World Is Now Insolvent. So who's going to keep buying our debt? I don't understand why there is not more press about the Manipulation of Gold and Silver prices or the growing rumor that much of the world's gold is fake. Is the Short Squeeze imminent?
So why was the President in Prague this week? The lines are solidifying for WWIII and Kyrgyztan just switched sides. Russia sent military support for a direct attack on US interests in Afghanistan. WWIII is likely to be more of a Resource Scramble and a Trade War then a war of attrition, but the interruption in oil, food, and water will cause as much suffering as if it had been a war against civilians. Karzai threatened to join the Taliban. Plans are complete to end the Dollar's domination of the Oil Trade. Scientists in England are warning that a “perfect storm” of food shortages and water scarcity that now threatens to unleash public unrest and conflict. The Global Economic Crisis is inflaming Riots, Rebellion and Revolution around the globe. Thailand is now under martial law.
The EU is fracturing down the center with Germany and France. "Rather than lead, the Franco-German couple is constantly, and publicly, at each other's throats. While this quarrel is about who should pay for restructuring Greece, the real issue is the latent distrust between the two partners, which carries the danger of a permanent estrangement."
“Paper money eventually returns to its intrinsic value ---- zero.” ~Voltaire
China also has a housing Bubble and it is likely to cause a depression. With another foreclosure wave about to hit the US, what will happen to our housing market when the Fed fail to back-stop Freddie and Fannie? What will happen to the States as property taxes continue to plumit? Did you hear that 1.2 Million Households disappeared from 2005 to 2008? Everything can be too big to fail, or too big to regulate. The Government knows how these Corporations are raping America, yet they choose to do nothing. Somehow it became far more important to imprison people for using the wrong medications. The Fed has turned off the printing presses for now, but will the extra liquidity now be coming from people's 401ks? This is how you prop up A Pyramid Scheme in all 401Ks. With 30% of Baby Boomers now underwater, what will happen as they start withdrawing their money from the pyramid?
This depression is not over because there was a slight up-tick in the unemployment numbers. These statistics are always missing the big picture. In fact the improvement in the situation last month not only revised away all the improvement from this month, it revised away even more! Down the road don't say you weren't warned - because you just were. The U.S. Status Quo is Unsustainable, Doomed and Danced Out. Our way out of the economic trap is to shift away from consumption and debt and towards exports and saving. Modern Liberalism has failed.
The Crisis of NeoLiberalism is a crisis of control. There is no such thing as privacy on the internet, and if we allow this mentality to continue there will be no privacy anywhere. This is not how My America behaves, these are the actions of tyrants and fascists. Suppression creates opposition. The world will end when the Pope Gets Church Pedophilia Down To Acceptable Levels.
"Everyone one else my age is an adult whereas I am merely in disguise"
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