Pages

Tuesday, November 01, 2011

THE LAND OF OZ, part two

11/01/2011

THE LAND OF OZ, part two

It is not just Pakistan or Mexico, Greece or China or the United States,  NO GOVERNMENT WILL EVER TELL YOU THE TRUTH. That is how they stay in power, by lying to the people, and people are willing to believe any bull shit. Consider this, if the "educated" people of the US society are willing to believe anything on reality TV, or Oprah or even CNN and Fox (well, damn it a whole lot of them still are any way), then why not believe the garbage the politicians are putting out, at least you can relax and go to sleep easy.

Talking to a friend today, he said , well don't you think that stopping the wars will help the economy. I told him no, the money has already been spent, and what will be "saved" by ending the wars will actually go to saying that we have reduced the deficits. Ending the war in Iraq will actually hurt the economy as we will slow down the production of the war materials and pay less to the soldiers when they come back compared to what they were making in the combat zone. It is a losing proposition either way. We did not have the money to fight the war in the first place, and now not borrowing more is being called a savings.

There is no recovery from the mess we are in, everyone needs more money, not just the poor or the unemployed but more so the corporations and the ultra rich who lost their (imaginary) riches in the down turn and now have to make up for those losses.And here is something not so funny, more people are betting on the economy going down than up. That is how the MF fund went under, the down turn is continuing, and the way the markets are set up it can not go up. If economy was to start recovery, there will be inflation, the commodity prices will go up ( energy prices and raw materials) and cost of everything will go up, once again corporations will lay off people to improve their balance sheets, the government will have no money to keep everyone afloat. Funny thing is also that as the people become poorer the trade deficits with China will actually increase because people will buy more and more cheaper goods.





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

No comments:

Post a Comment