Sunday, August 07, 2011

Free kibbles

TAX AND SPEND:

The ruling class has the blame the tea party machine in high gear. Blame the debt downgrade on the people (tepidly) resisting more debt.

Boehner accidentally tells the truth: he never wanted spending cuts and the whole debt ceiling debate was a orchestrated political theater. He verifies several points I made in my upcoming essay.

FEDERAL RESERVE:

Greenspan says the US will never default on its debt because the Fed will print the money. In other words, the government won't stop spending and going deeper into debt because they know the Fed will pay for it. They'll just wipe us all out with hyper-inflation. For 20 years I heard talking heads say that government was inflationary, and I never understood it. It made no sense because I could see no reason why government debt by itself was inflationary. I figured they were just intentionally misleading people, which is the main function of the press. What they really mean is that, because the Fed buys government, government debt is inflationary, and I have no idea why they didn't spend two seconds more explaining it. I guess they preferred telling a misleading half-truth to the whole truth.

POLICE STATE:

British politician blames riots on spending cuts. Spending cuts are the new global warming. Political operatives will blame every bad thing that happens on them.

WAR:

Afghans kill 4 more NATO troops.

NATO calls the downing of the helicopter claiming 37 lives including 22 members of SEAL Team 6 "a lucky shot." In other words, don't consider pulling out because the Afghans killed a bunch of the most elite US troops in existence. Americans have to keep dying and killing there so the ruling class can control Afghanistan's mineral wealth without having to pay full market price. Interesting that a SEAL team 6 helicopter also crashed during the alleged Osama bin Laden raid. That's quite the coincidence.

POLITICS:

Romney employee who secretly donated $1 million to his super-PAC outed.

I'm skeptical of this New York Times/CBS poll claiming the tea party is unpopular.

Obama played the messiah on the left to defeat supposedly practical Hillary Clinton. Now Rick Perry is playing the messiah on the right. I'm disgusted with the phony, narcissistic freaks on both sides who prey on people's faith.

Ron Paul has jumped up to 16 percent in Iowa, third behind Bachmann at 22 and Romney at 21. That's a huge jump in a short time.

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