Tuesday, June 29, 2010

ECONOMIC DECLINE BEGINS

Anybody watching the TV today has seen pretty much everything I have wrote about for the past few weeks come to pass. Consumer confidence has fallen off the map, almost certainly due to the fact that millions of people have become destitute overnight as their unemployment has run out. The effect this will have on the US economy is staggering. A double dip recession is all but certain and probably another Depression soon to follow. Riots have broken out in Greece again over the sharp budget cuts that will reduce their middle class to nothing. This appears to be the goal of ALL major government, ours included. With dick Republicans screaming stop spending (literally in Rick Santelli's case) this is the WORST idea that can happen and one that is being used across Europe. Funny that these anti-spending assholes are also the same ones that hate when we follow Europe's example on every other project like health care or social programs. Anybody who's ever studied history knows what happens when you cut spending in a time of crisis to fix the debt. A Depression. Just ask Herbert Hoover or FDR when they did it. It never turns out good. Yet here we are again with the same bullshit. Many, myself included, also know what happens when these kind of policies fail. A loud boisterous mob helps elect a true fascist who will run roughshod over our lives like a modern day Hitler or Mussolini. Many people, including a famed British historian (sorry can't remember his name and the article he wrote won't come up) have said the only two things we have to look forward to is anarchy or fascism. All governments are moving toward the fascist model, ours included, while the Internet provides a mass political awakening to the man behind the machine ala the Great and Powerful OZ. This is probably why they are trying to put a kill switch on the Internet. If this happens, revolution will follow. People will lose their minds, not to mention the amount or revenue lost would be unbelievable to almost every business on the planet. Mass layoffs are coming, social services will soon end, and the only people with money will be those to rich to fail. I wish I was wrong but the writing is on the wall people. And while my predictions of war are about 50-50, my predictions of economic booms and busts are about 90% accurate. I wish I wasn't right about this but I think I am. I hope I'm wrong. I really do. But we should prepare for the coming termoil. It won't be pretty. Housing prices continue to stagnate (ignore the Government study that shows a rise by.8% as that is offset by the last of the tax subsidies that ended) and housing sales fell 30% last month, the largest drop ever recorded. Your congressmen aren't listening. Soon they may be forced to by the having the psychopathic illusionary state they've created for themsleves ripped from the psyches. How it's done depends now on them. But a revolution brews as does the police state to end it. Which will win is unknown. Both endgames are not going to be pretty but it's sure going to be interesting.

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