Monday, February 6, 2012

THE SUPER BOWL, SUPER WAR AND SUPER ECONOMIC DISASTER

As a long time New England resident I would like to be the bigger man and congratulate the New York Giants for their impressive win against the Patriots yesterday. They played better and their receivers didn't choke (Wes Welker, we're looking at you) like the Patriots did. The Patriots played well except for most of the first half and the last three minutes but hey at least it was a great game.

The commercials this year were awful bordering on retarded. They do know people watch for the ads as much as the game right? Another sign of a dying society is when advertisers can't come up with thirty seconds of entertaining material. Car commercials were the most improved, especially the fantasic Chevy commercial ripping on Fords. Ford cried and whined like everyone does these days but to know avail. Doritos, Volkswagon and M&M's ads were hysterical and the movie trailers were impressive. Bud Light had the worst commercials I've ever seen, Century 21 spent a lot of money for nothing and the Tax ad with the kid pissing in the pool made me gag. And Madonna wasn't as bad as I thought it might be with LMFAO rocking the crowd with their catchy tunes. Overall, awesome Super Bowl, terrible, terrible ads. Try Harder.

Meanwhile, the world heads toward disaster. Financial ruin is right around the corner as people like Noriel Rubini, Paul Krugman and George Soros all say that what Europe is doing will never work mainly because it never has before in human history. The definition of insanity is trying the same thing over and over and expecting a different result. That is every politician alive today. The Baby Boomers are the worst at change. They hate it and will do everything to make it not happen. But change is inevitable and this fighting against the tide is a losing example. Greece may default by the time I finish writing this, and that is not hyperbole. The dollar gained big today against the Euro as the Greek default looks inevitable (which regular readers know is something I've said for months). The EU is keeping the Euro afloat on life support with no real plan other than to soak people with lower wages and higher taxes, a surefire recipe for a full blown Depression. Greece has said they cannot cut anymore, which countries like Germany are demanding, and not destroy their economy. They're right and the only solution is one no one is talking about.

There is only one way to save the economy and it's drastic. Everyone on the planet needs to be guaranteed a minimum wage. Everywhere, including places like China, need to conform or no business can be done with them. If you want a global economy, you need global rules. The alternative is the death of the middle class, being seen on a global basis. It can be done if tariffs and new taxes on companies falling to comply are used. Everyone needs a raise who make below 50,000 dollars a year. Period.
Until the middle class is strengthened, no economy will improve. The CEO's of the world need to be paid far less and the workers far more. That's why we had unions until a combination of deregulation and union greed all but gutted them.

No economist worth his weight believe that you can have a strong society without a middle class which we do not have. Our middle class makes between $75,000 and $150,000. That's a really small portion of our population. But salaries haven't risen in over forty years as inflation has grown and as result the middle class is non existent. Is this really an America you want to live in? And don't give me crap about hard work getting you ahead because that's true Communist Manifesto stuff. Hard work will get you nothing. No pension, no benefits. Nothing but a broken body and a crappy rest home to die in. I worked hard at almost every job I've ever had and trust me that didn't stop them from laying me off when my salary got too high. People succeed today through the connections they have and the money they've inherited.

As all this occurs, the world is getting ready for war. Obama is saying all is well, but privately that doesn't seem to be the case. New sanctions were placed against the Iranian banks today but that will do little to stop the coming fire storm. Sometime soon, Israel will strike at Iran. They are also telling us the Iran may strike first (false flag, cough hack wheeze) an unlikely scenario as the end result would be the total destruction of their country from multiple sides and it is unlikely that either Russia or China would come to their aid. It is also why it is a very good possibility why our side may do something bad and blame it on Iran. It would be in our best interests to do so.

Syria is failing apart and Russia is being labeled the villain in stopping the violence with their illadvised UN veto. There is talk of giving the rebels much bigger weaponry leading to all out civil war there. Might not be a bad idea to give the rebels a fighting chance rather than letting them die in the streets.

All in all, things look bleak. At least we have the Grammys and the Oscars to distract us for a little while.

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