Markets around the world are ‘mixed’ this morning on ‘stable’ employment data and strong retail numbers…so go fuckin’ figure, eh?
Which you should take as a ‘warning’ good citizen; that things are, just as you suspect, worse than they appear.
Our lead story for today falls under the ‘off-shoring’ category as the NY Times reports on China’s Push Into Wind Worries U.S. Industry
As you might suspect, the story, as far as the corporate owned media is concerned, discusses the ‘inevitability’ of ‘superior’ Chinese technology overtaking ‘inferior’ domestically available products.
Here are those Bush Tax cuts right in your face, up close and personal good citizen! If you want ‘renewable energy’ you’re going to have to buy it from China because that’s where Wall Street investors have plunked down their tax savings!
Is this what Obama and his GOP BFF’s are pushing for?
While it is not ‘too late’ for this nation, it is definitely too late for this, er, ‘system of government!’ Put a fork in it, it’s cooked!
Anyway, we are told by many sources that government data is 100% accurate…which means it is the ‘reporting’ that is suspect!
Thus we have This Horseshit
No. 339: November Inflation, Retail Sales, Production Subscription required December 15th, 2010
• Beware Unstable Economic Reporting!
• Inconsistent Seasonal Factors Depressed CPI
• Bulk of Gain in November Retail Sales Was from Higher Prices
Typical, higher prices while they claim inflation to be ‘non-existent’…
It’s like inflation less food and energy because almost nobody buys energy or eats! It’s not ‘bad data’, it’s the ‘incomplete’ part that is kicking our ass!
Seems we keep coming full circle with the ‘basic dishonesty’ issue.
This means the question becomes ‘what are we going to do about it?’
Speaking of matters we aren’t doing anything about (just another feature of ‘government, in your name only’.) We have this hair-raising tale
Hope and Change: Obama Regime Hiring Mercenaries ‘At a Rate That Would Make Bush Blush’
As I have said previously good citizen, the problem with ‘Soldiers of Fortune’ is that they are only loyal to the people cutting their paycheck, which could be more than a little worrisome because the taxpayer is a few steps removed from this procedure…
Is this just another example of the people elected to run this nation
Moving the Wrong Way?
No irony should be lost on the fact that the ‘Wrong Way’ article is really another take down of ‘happy talk’.
No, if you want evidence that things are going poorly have a gander at this article about the pending US sovereign debt crisis that has been percolating on the back burner since 2007.
Keep in mind that the U.S. remains the proverbial elephant in the bathtub in terms of pending effective sovereign bankruptcies. The various European crises remain an intermittent foil for the U.S. dollar, pulling market attention away from the unfolding solvency crisis in the United States and a likely move to massive selling against the U.S. currency.
Accordingly, high risk of the early stages of a hyperinflation beginning to unfold by mid-2011 continues. Rising inflation should become increasingly broad, reflecting an increasingly serious problem in the first-half of 2011.”
Once again I could be justly accused of sending mixed messages so I’ll temper this with the question how much would prices have to rise to put YOU behind the proverbial eight-ball?
The answer, for most of us, would hardly constitute ‘hyper-inflation’. Five-dollar a gallon gasoline and something near that for heating oil would do the job. Throw elevated food costs into the equation and we have the ‘heat or eat’ drama playing out up close and personal across 90% of the households in this nation.
Here it is Christmas and we already have $3.00 a gallon gasoline…we aren’t talking a huge leap to $4.00 a gallon.
And there ain’t a fucking thing we can do about it if it does go up.
So there.
Just remember, if your paycheck doesn’t crack your nut, it’s not your employer’s problem…it’s yours!
Which, unsurprisingly, brings us full circle to the question of what’s the point of belonging to a society if that society fails to protect you (and yours.)
It merely adds insult to injury to see society protect your persecutor while doing nothing to help you or to mitigate your plight.
High time we had some genuine ‘change’ around here…
Thanks for letting me inside your head,
Gegner
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