May 1, 2012
The Government Bubble: MAYDAY! MAYDAY!
The Hogs on Wall Street pushed out the pigs and dragged the imaginary "future success" of American Industry
wet dream to the edge of the abyss. Using a false "leading" indicator for a reason, the computer programs
and Government-funded obfuscation patrol ran up the Dow Jones Industrial Average on practically NO
volume, whatsoever.
So what did the media people report? "THE DOW JONES INDUSTRIAL AVERAGE ROSE TO THE HIGHEST
LEVEL IN FOUR YEARS!"
But for Κασσανδραs like me, who keep trying to get people to
believe us, it was a wonderful day. Finally. Finally, the oxymoron which is our current economic policy has been
stripped of all of its false honors and tributes. When the market goes up on the news of increase in wholesale production,
WITHOUT a corresponding retail demand, basic economics dictates a major fall ahead.
We are at the point which, if we had a real recovery, heralds the beginning of job creation. Instead, the government
has to change the counting rules in order for it to appear that they have succeeded in that task. They have to change
the counting rules in order for it to appear that there is no inflation. They have to change the rules in order
to hide that their immigration policy is a complete failure. And they have coopted the media in order to obfuscate
the fact that real volume is NOT in the market and that we are more in debt than we have ever been, since the
history of our republic began.
History and logic demand that when there is oppressive debt, combined with oppressive inflation and oppressive
joblessness, the economic house of cards will fall. It's 2012, but we won't need the Earth's crust to shift, or a pulsar spraying
the planet with X-rays, or a plague of Mad-Cow Disease. We will have become the Weimar Republic. And it was
all done by bad government economic policy, of which, Obama and his friends are only the latest clowns to employ only to fail.
We are at that point. Call it a bubble of worthless currency supported by a blanket of lies. Call it a bubble of whatever you
will, but unless this shadow puppet set of facts is replaced with real economic understanding, including acts of real
relief, we will reap the whirlwind by December 2012. This is a bubble as big and as profound as the housing bubble,
as big and as profound as the software bubble, as big and as profound as the banking bubble. Usama bin Ladin's
assassination is the swatting of a fly compared to this utter and terrible government-caused bubble.
And when this bubble bursts, it will be YOUR savings that will burst along with it.