Self-Defense...

Greetings good citizen,

Does anyone else find it curious that these clowns understand economics (some of the time) but do things they know will hurt (what’s left of) the economy anyway?

Let’s start with our top story from today’s NY Times:

Recovery in U.S. Is Lifting Profits, but Not Adding Jobs
By NELSON D. SCHWARTZ

Experts estimate so-called budget sequestration could cost the country about 700,000 jobs, but Wall Street doesn’t expect the cuts to substantially alter corporate profits or threaten stock markets.

.7 percent of the much-modified workforce will lose their income source but this WON’T affect the ‘bottom line’ of US based corporations?

Which is to point out that 700k is in fact a much smaller percentage of ‘working aged citizens’ but the workforce isn’t measured ‘rationally’ considering the bizarre idea of if you don’t have a job you don’t count skews the whole picture…

Is Wall Street ‘right’ about this assessment?

Sadly yes. Your job was exported and you were made ‘redundant’ to the new global economy. The individual they gave your job to ‘replaced’ you as a customer as well…making you totally superfluous.

The only reason there hasn’t been blood in the streets is because our ‘globalization is good’ cheerleaders haven’t been telling YOU the whole story.

They concentrate on the ‘lower prices’ part of the story (won through lower wages/benefits) as a ‘win-win’ situation.

The part where you lose is the few hundred million competitors who (completely) took YOUR place via the heavily manipulated ‘funny money market’ (which is about to collapse!)

In this respect it is more than a little amazing to see the corporate owned media laying this fact out in a way that shows everyone what capitalism has done!

How else can the US workforce lose such a large percentage of its workforce and not affect profits an iota?

This is where the rubber meets the road good citizen, If you have never considered yourself as ‘surplus’ before…it’s time to LOOK AGAIN!

Did I not point out that the policies of the past three decades point directly towards an effort to kill off as much of the 'surplus population' as possible?

Headlines like today’s TOP STORY should leave you with NO DOUBT who the cannon is pointed at…

It points at YOU!

If you aren’t a bona-fide member of the >One Percent, you’re toast.

Like things weren’t desperate enough, it gets more interesting:

Chinese Stocks Fall on Steps to Curb Property Prices
By DAVID BARBOZA 5:13 AM ET

China’s cabinet, or State Council, said home sellers would soon pay a 20 percent capital gains tax.

You don’t suppose Chinese equity prices are being ‘propped up’ by a ‘real estate bubble’ do you?

What do you suppose is going to happen when that little episode plays itself out?

Can you say ‘cascading systemic collapse’?

I knew you could!

For our last installment of ‘belaboring the obvious’ (seems to be the day for it.):

As Hacking Against U.S. Rises, Experts Try to Pin Down Motive
By NICOLE PERLROTH, DAVID E. SANGER and MICHAEL S. SCHMIDT

Motives for a cyberattack, which could range from industrial spying to disabling the power grid, remain obscure.

Given what we have already discussed, especially the part where it becomes obvious that YOU are being played for a patsy however you slice it, are YOU ‘mystified’ as to why ‘the capitalists’ are under heavy attack from the cyber-warriors?

I’d say it was ‘self-defense’.

The curious part of this unforeseen development is just how far will they let it go?

You know they’ve been looking for an ‘escape hatch’ for quite some time…could this be it?

Get out of dodge under the cover of a crippling (and likely self-inflicted) cyber attack?

We all know today’s capitalist/opportunists are a little light in the honesty department so I’d opine that it wouldn’t ‘surprise’ me.

But the corporate owned media is repeatedly astonished by such mundane occurrences as sunrise.

Thanks for letting me inside your head,

Gegner