Gone Viral
When videos about arcane monetary issues start to compete for pageviews with porn and cool pet tricks, you know something is happening out there. With Sarah Palin astutely jumping on the bandwagon and even the Fed's sacred dual mandate now getting much-needed debate, things look to get very interesting. Get the popcorn ready.
posted by The Cunning Realist at Tuesday, November 16, 2010
5 Comments:
except, if sarah palin posted fart jokes on twitter, the world would see it as a new paradigm. dude, a record number of people watched her new TLC channel program about... alaska. so, please, don't get too excited too fast.
Did I or did I not comment just two posts ago that "40% of the country has some crude, distorted understanding of the dangers of the money-printing issue by now" ? Well, this one didn't come straight from Glenn Beck, but it is the second time this week I've run into this particular video. Gradually it is becoming more and more obvious to more and more of the population that the Washington establishment does nothing from dawn to dusk but enrich themselves, and their already-rich backers, at everyone else's expense. Maybe someday, maybe soon, the collective realization will unite citizens across even the Tea-Party esque divides and bring about actual change. The really ugly elephant in the room is, what comes after the deluge.
The elite seem completely oblivious still. They don't seem to believe it is possible that they will lose control. I think the elite from previous generations seemed to know when to back off. The new generation doesn't understand the need to turn the temperture down to keep the frogs in the pot. The frogs are starting to jump out and their reaction is to turn the heat up! Things not going well in Iraq and Afghanistan? Let's invade Yemen , Pakistan, and continue to threaten Iran. Financial system in Ruins? Let's create a 2 trillion slush fund for the bankers who got us here. Economy still a mess? Let's give the bankers anothet trillion! TSA statsis making us take our toilettries out and taking off our shoes to show our compliance to the people in state issued costumes making the plebes restless? Let's give them Pornoscanners sold to the TSA by a former Secretary of Homeland Defense!!! Ahhh the revolving door...plebes even more restless? Let's make fondling their private parts a condition of flying! They get even more restless? Let's fine them $11,000 if they refuse to be fondled. Our masters have the Totalitarian mindset now. The only things they believe in are power and control. This is just the beginning. It is going to get much much worse before it gets better. The only thing that will save us in the end is the American people are armed still and although most military people like their steady pay they come from the Plebe side of the American public. When they are ordered to kill large numbers of Americans they will balk. And once enough of our elites receive the Mussolini treatment... Then our masters will finally remember restraint.
Nobody except gold bugs and "cranks" complained about "printing money" when it allowed the US to buy oil without producing anything tangible (which is why the Germans and Japanese are so obsessive about running current account surpluses). The paper seignorage enjoyed by the US and European (especially German) resentment of the inequity of Bretton Woods II are the real reasons the euro was railroaded through over the objections of very prescient economists (who predicted the recent Greek debacle in uncanny detail). However, even if the euro project fails, the Germans have a new ally in China, so that when the greenback is replaced by Something Else, it won't be the ill-fated euro (which was supposed to be the Deustchmark on steroids), but the Germans and the Chinese, as the world's chief creditors, will still get to decide what that Something Else will be.
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