Thursday, April 14, 2011

The Blabber Boys Are At It Now For Sure

The highly heralded debate over the ongoing national budget and the raising of the debt limit by Congress is now officially launched and in full swing. It is a crashing bore because it is all words and very little substance. It won't have much of that until the whole money system is put on the operating table for deep surgery. And that won't happen while there is a breath left in any banker or a volume of words left in any banker's publicist-puppet-legislator.

We ought to nationalize the Federal Reserve, notify the bankers their day is over, and operate the Federal creation of money as the single most important branch of the federal government and run it with at least as much honesty as the Postal Service. Hahaha, you say. And I say, Hahahah indeed. References supplied on request. It has all been throughly worked up—and ignored because it means the end of the 500-year sway of private banking, and that is upsetting to our élites, who are mostly banker-minions. Take about paradigm change. Wooweeeeee.

We are in the age of big-time baloney. My wonder is if "things can keep going anyway" while the baloney roars around the electronic echo chambers (TV, that is). Everyone seems to think so. Everyone in the sense of "most people." I tend to like the contrarians, who are insisting that disaster is at the door, not so much because I am a disaster-lover but because it seems that we teeter at the moment on the edge of a whole bunch of disasters, and I am convinced one of them is going to turn out to be real. The one that is most likely to hit soonest I'd guess is some version of the Peak Oil disaster: somebody is going to fail to deliver oil and that will create a result and the result will be some version of breakdown.

But of course it may well be something else. It'll be something, I'd guess, and something pretty unexpected and unpleasant.

  

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