01/27/2012
ANALYZING 2012, PART 2
It would not even be funny if it were a joke, but what do you say when it is not a joke, I am not laughing. No I am not talking about the Republican primaries, not about the State of the Union address, I am talking about the situation our country is in and how the real problems keep being ignored.
The politicians do not care because the citizens do not care, everyone sincerely believes that given time all the problems of the country will resolve them self if we just get "our own way", no hardship or sacrifice required on our own part, let the others only suffer.
There is a reason we do not talk about the continuing depression, it is way too depressing, Americans do not like being depressed, we like happy, that's why we elected Reagan did we not, he made us feel good about ourselves, while we got screwed, big time!
Reality is this, it does not matter at all how the campaign goes or who gets elected, the economic decline will continue, soon as we get our collective heads out of sand or where ever. "An economy is is the movement of money through the society." The reason Obama borrowed and spent trillions is to keep the shit flowing, ( yes I said shit). As I had said in 2008, 2007, 2006, as the housing prices decline, and the credit cards are maxed out the government will have to borrow and spend more to keep the mirage going, it has continued. With jobs scarce and wages going down, with houses no longer the cash cow, no home equity lines of credit to pay for new TVs and cars where the money would have come from, enter TARP one and TARP two, QE 1, 2 and now 3, we just keep digging the hole deeper.
Why are we not talking about the deficits? Why did the super committee fail? Because everyone knows the truth, if the government stopped borrowing and spending money, there will be no economy, period. In theater, irony is when the character is the only one not knowing what is actually happening, here the whole audience does not have a clue, or at least does not want to see.
Before we go any further, let us recognize that Clinton or Newt never did balance the budget, it was if even close to balanced, it was due to something called "Windows 95", or by Bill Gates. As the internet exploded and so did the stock market the income taxes from "capital gains and day trading" helped balance the budget for the federal government, as the stock market tanked later it took down the revenues for the IRS and the budget was once again out of balance.
As I have also said that when Bush took over ( also often mentioned by Bush and his minions), the economy was in a recession, 9/11 gave Bush the excuse to bust the budget and go on a spending spree supported also by a compliant FED and its low low interest rates, which in turn also set the country up for the housing bubble.
LIFE IS A GAME OF CONNECT THE DOTS, IF YOU DON'T CONNECT ALL THE DOTS OR DON'T CONNECT THEM IN THE RIGHT ORDER YOU NEVER GET THE PICTURE
