>

3/25/11

Thinking Out Loud

There is no going back in time...

Life is not going back in America to the way it was pre-2007 no matter how much the Federal Government, The Federal Reserve and US Treasury, Congress and their lackeys on Wall Street and friends along the Boston to DC corridor pretend nothing has changed. The financial world has it backwards, their ego is not allowing them to recognize a very clear simple fact, that can easily be figured out by watching the Stock Market and their flunkies at the Wall Street Journal, the New York Times and on CNBC. The Federal Government, the Fed, Treasury and FDIC are propping them up and Wall Street financiers and bankers are castrated servants.

The actual working real private sector and American people know this. It is only a matter of time before the facade crumbles and the Northeastern so-called elites Masquerade Ball will be over. The show will go on for the rest of the country but without them. How and when this will happen is not yet determined but that it will, much sooner than many realize, is just as certain as a Ponzi scheme eventually reveals itself. Politically and socially two seemingly opposing sides are signalling the same message. Ron Paul and Dennis Kucinich may differ politically on fundamental responses but both agree on the inappropriate actions of the Federal Reserve and the banking system. The Tea Party coalition and unionists heartily disagree over basic policies, but are in the same league in believing that the current two political parties are engaging in business as usual, being unresponsive to constituent demands.

What will spur the fall? Anything can happen but three things stand out as the source of a breakdown of the system as we know it. Money cannot continue to be printed without having any intrinsic value and the debt crisis of governments all around the world will eventually reach a stalemate exacerbating a currency crisis. The chain of supply for essential parts and goods has been disrupted by the tragedy in Japan and will worsen with the war on Libya. Also, the war on Libya is only the outward manifestation of festering full blown disputes and conflicts in the entire Middle East, that will not be resolved diplomatically or easily and not without further battles.