Contraception is no longer a fundamental right for anyone to have, which means we may be seeing more people into an already too crowded planet. Also, corporations now have card blanche to deny any activity they deem "against their religious principles," which could be anything from blood transfusions, vasectomies, mammograms, or even medication. Writing for the dissent, Ginsberg said the ruling will create "havoc," for the same reasons I mentioned above. We are rapidly becoming a full on fascist state and the right is leading the charge. Way to go Republicans, you've become the new Nazi party and you don't even realize it.
Not to be outdone by that ruling, they also killed mandatory union dues in places where people opt out of joining the union. Now I would agree that people shouldn't have to pay for union dues when they have zero chance of ever getting into one. I have seen this either first hand myself or through others' stories working for companies like CBS or UPS, where people are demanded union dues, knowing full well they will be let go long before the union lets them join, which is never. However, this case had to do with people opting out of unions, which shouldn't be allowed in the first place, but still having to pay dues. This will further destabilize an already dying industry and lead to less money being giving to the anti-douchebag party or the democrats as they are better known. I hate Republicans today with the fire of thousand suns. Fuck them!
Martin Armstrong, a convicted fraudster but one who knows his way around the financial markets, said we headed for an epic collapse. He has claimed to predict the crash of 1987 and did invent an economic confidence model still used today, so he does know what he is talking about, his criminal past aside. This is from his latest article:
The greatest problem we have is misinformation. People simply do not comprehend why and how the economic policies of the post-war era are imploding. This whole agenda of socialism has sold a Utopian idea that the State is there for the people yet it is run by lawyers following their own self-interest. The pensions created for those in government drive the cost of government up exponentially with time. The political forces blame the rich and this merely creates a class warfare with no resolution for the future. Even confiscating all the wealth of the so-called rich will not sustain the system. Consequently, we just have to crash and burn and start all over again.
The exploitation by the bankers has been really a disaster. They have been their own worst enemy and in the end, they have become the symbol that inspires class warfare if not revolution. They are not the representatives of those who produce jobs. They are merely those who wanted to trade with other people’s money for free. When they win, it is their’s, but any losses are passed to the taxpayers. Bankers should be bankers – not hedge fund managers who keep 100% of the profits using other people’s savings.
The repeal of Glass Steagall was the final straw that broke the back of the world economy. That was the single worst act that could have ever been done and we are now paying the price in spades. The collapse from 2007 has wiped out even the liquidity of the markets. The second worst act was the creation of the euro when the real goal was the federalization of Europe from the outset. That undermined the entire European banking system and has led to a serious undermining of the entire global economy.
The solutions from politics will always be the same – grab more power. We are in a downward spiral of liberty and how far we go down this path to the future will be determined by the people and if they at least wise up and see this is not class warfare, it is the people against government. This is why I say career politicians are dangerous for they can be bought way too easily as Clinton was to open the flood gates for the bankers.
This is not going to end pretty. The question is when does society wake up? Just how high will this price be that we have to pay? They will blame the rich and the idiots will cheer – get them. What will happen when there is no more wealth to hunt? We end up with a communist state by default – no wealth, just career politicians who blame everyone but themselves.
Tell me he isn't dead on about the system. It is done, burned, crispy, dead and buried. It is only a matter of time before the whole house of cards crashes at this point because it simply cannot be fixed. Unfortunately, as Armstrong predicts, and fixes may be too little too late for a nation of people too brain dead to do anything before it is far too late. We lack any ability in this country to see farther than two inches in front of us, and it is killing us. By the time the economy starts to nosedive, hyper-inflation takes hold, and services dry up, we face two possibilities, anarchy or police state. Both sound shitty.
Steps to "fix" the problems include massive austerity, tax cuts for the rich, bail ins (coming to a bank near you soon and already in Europe), and the end of all social programs. How long do you this country stands at that point?
Today, the Central Bank and the BIS both issued warnings that they see dire news ahead for housing, the stock market, bonds, tuition and car loans. They both say the stock markets are completely devoid of reality, and when the correction inevitably happens, it is going to be catastrophic. Because nothing is being done to correct the situation, when the downturn happens, they are going to be completely unprepared. Awesome. So just like you have read here for years now, we did nothing to fix the problem, with everyone on Earth getting some of the blame, from Obama, to the GOP, to OWS, to the US public, to myself. None of us have done anything that could have fixed anything, although I have done my part as best I can being a cripple by informing you out there best I can over what is really happening right now.
This is from the BIS, a Swiss based financial institution that makes regular reports on the banking system worldwide, wrote this today:
“… it is hard to avoid the sense of a puzzling disconnect between the markets’ buoyancy and underlying economic developments globally…. Despite the euphoria in financial markets, investment remains weak. Instead of adding to productive capacity, large firms prefer to buy back shares or engage in mergers and acquisitions.
As history reminds us, there is little appetite for taking the long-term view.Few are ready to curb financial booms that make everyone feel illusively richer. Or to hold back on quick fixes for output slowdowns, even if such measures threaten to add fuel to unsustainable financial booms. Or to address balance sheet problems head-on during a bust when seemingly easier policies are on offer. The temptation to go for shortcuts is simply too strong, even if these shortcuts lead nowhere in the end.
Or, the exact same thing Armstrong and myself have said. Once again, a lack of preparation has doomed us all. With no long term strategy, think Iraqi war for an example. Yeah, we can invade easily, but then what? Same goes for banks running up stocks through buybacks and equity manipulation, but the end result is always the same: collapse.
Now due to the recent Supreme Court ruling on birth control and abortion, we may soon see a day when it is next to impossible to get either. And because of no long term planning on this front, many cities are dying. Detroit is shutting off water for those who can't pay, meaning people in a major US city now have the same water rights as Somalia or Yemen. The UN has rightfully denounced this as no one should be paying for basic human rights like food or water of they cannot afford it.
And then there is California and Nevada, both of which are running out of water. Even worse, they are still building homes into an area that cannot support the population it has. In the next twenty years, Lake Mead will be bone dry. That means no more water for Las Vegas. Then what? I am thinking a mass exodus. But to where? Thus the rub that we do not look at long term situations that make people deny climate change, fossil fuel issues, overfishing and a dozen other things people don't care or believe in. They should but Fox News has convinced a sizable portion or retards in this country that Obama is the cause for everything. And while he should get some of the blame for a lot of things, the GOP has been at the forefront of this for some time now.
Vegas uses more water than any other city, which is odd as they live in a desert. They have tried to build a new pipeline but have hit snags due to environmental objections and so far has gone nowhere. Check out this map which shows how dry the West Coast is with a drought that may not end for hundreds of years, climate change or not. What then?
Because we keep voting corporate morons into office, we are destroying this nation. For anyone who has voted for any Republican over the last twenty years, this is what you've done: you've killed us all, including yourself, your kids, your parents, your pets, everything. If your ultimate goal was to wreck this country so no one could have it, like some bitter ex, you've succeeded in spades. Mosel Tov. The same can be said for democrats who can't be bothered to get off their lazy asses and demand more from their party as well. We are all to blame. And because of that, we are so doomed, screwed blue, and reamed up the ass that there is little hope left. Great.