Thursday, July 21, 2011

Mismanagement coupled with misdirection...

Greetings good citizen,

Are you just standing there like a deer in the headlights, unable to make up your mind about what to do?

Of course you are! So how many of you will be surprised to learn you are already ‘roadkill’ as far as our self-professed ‘betters’ are concerned?

Worse is how the media expects us to swallow the refusal of the, er, ‘opposition’ to raise what they have repeatedly raised for their own ‘sainted’ party leaders while they were president?

I guess it's okay if you're a Republican!

Perhaps more damning is how many of you are convinced that it won’t happen, that it would be political suicide rather than the genocide they are trying to foster?

Among my more ‘out there’ theories is the one where those currently in control are ‘conspiring’ to stretch out their dominion over us by eliminating a large amount of the ‘surplus population’.

If they play their cards right it could win them another hundred years…and if they get it wrong they could wipe out our species! (Which will happen anyway if we don’t seriously alter how and why we do what we do…)

Reading over the various offerings this morning gave me the distinct impression that the wheels were ready to fly off the cart at any moment.

But then I remembered that ‘all money is funny’ so what we’re seeing is all an act!

Yup, the collapse of the Eurozone, the (pending) US default…all FAKE!

But I get ahead of myself…

Today’s first offering is backed up by the major media outlets that Federal agencies are preparing for ‘default’.

"We are developing processes and procedures by which the Treasury communicates to us what we are going to do," Plosser said, adding that the task was manageable. "How the Fed is going to go about clearing government checks. Which ones are going to be good? Which ones are not going to be good?"

Very bullish reversal in the metals intraday, with closes in gold and silver above the psychological numbers of 1600 and 40 respectively.

If they can move higher and stick a close, and hold it through option expiration next week, you can say goodbye to these levels, the dollar, and quite a bit more.

Yes good citizen, the criminals will decide who gets paid and who gets stuck…and the rest of us will live with the consequences… but wait, it gets worse!

Even though many on Wall Street want YOU to believe that a default remains unlikely, the financial markets are starting to become agitated. Volatility in stocks has soared, and some investors say stock prices are falling because a United States default could severely raise companies’ costs of doing business.

In the Treasury market, investors are starting to sell, fearing that the government will not make good on some interest payments that will be due next month. And complex financial instruments that will pay out if the United States defaults have become twice as expensive to buy as they were at the start of the year.

Analysts say the signs of panic are small for now.

“The metaphor is a pile of sand,” said Mark Zandi, the chief economist at Moody’s Analytics. “You keep putting one piece of sand on the pile, nothing happens, and then, all of the sudden it just caves.”

How ironic is it that the ‘sand’ Mr. Zandi refers to in his metaphor is easily replaced with ‘lies’…and it doesn’t alter the end result!

The real, er, ‘puzzler’ here is why our politicians are even plodding down this particular path when the solution lies in a different direction entirely?

Which is to ask What are our corporate sellouts up to?

The White House suggested for the first time that Mr. Obama might be willing to agree to a short-term increase in the debt ceiling by Congress — perhaps for a few days — if such a deal was in sight, stepping up the pressure on the two parties to come to terms.

Mr. Obama met separately at the White House with Republican and Democratic leaders. But neither side reported any substantive progress as they searched for a formula that would include deep spending cuts, cost-saving changes to entitlement programs and an overhaul of the tax code that would increase revenues by closing certain tax breaks and eliminating deductions but also lower some tax rates.

Politically, the main question remained whether House Republicans would be willing to negotiate over any package that could be construed as raising taxes, and throughout the day there were signs of internal debate among party leaders.

Conspicuously absent from this charade is the ‘purpose of government’ as well as a solid understanding of ‘the greater good’.

When does the greed of the owners outweigh the security (never mind the basic prosperity) of the people?

Short answer is IT DOESN’T!

But you (hopefully) don’t need ME to tell you that!

So WHY is our government even pretending to be at an impasse over taxation and government spending?

It’s a WTF moment good citizen and it is high time we demand to know WTF!

Thanks for letting me inside your head,


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