As bad as things are, it’s good to know that the people keeping the whole thing afloat are total incompetents.
If the Jews/liberals/globalists were able to keep their hands off the economy and let the genius of the crowd run the global economy, we wouldn’t have a prayer, because the economies would be stable. But the busybodies who impose unbearable political correctness on us, are the same people who distort the economy and make it unsustainable.
Kunstler mentions the 5 dollar jar of peanut butter. Let’s hope so. High food prices will lead to a massively distributed crowd sourced, homegrown and home processed, economic underground food market.
The food market is 1 trillion per year. Hobby food producers are DYING for the day when they get to go after a piece of that! Millions of hobby gardeners will be able to sell to underground food cartel bosses. My big question — will there be a “war on unauthorized food” the way there is a war on drugs? If there is no war on unauthorized food, wealth will be distributed to millions of small producers and distributors, and they will have political clout, and will demand a degree of political liberty unheard of since the 19th century. If there is a war on unauthorized food, that could very well lead to uncontrollable protests, terrorism and civil war.
And so in his valedictory, Federal Reserve chief Ben Bernanke pulls one last dead rabbit out of his hat — it suffocated while the head-fake taper percolated in Ben’s brain lo these many months of jive talkin’. As the year turns, the central bank will supposedly monetize $10 billion less debt per month — $75 billion down from $85 billion — with $5 billion each deducted from the US Treasury stream and the rotten mortgage barrel. Was there a catch?
You could say that. For instance, what to make of the curious report out of the American Enterprise Institute by John H. Makin saying that the Fed’s actual purchase of debt paper amounted to an average $94 billion a month through the year 2013, not $85 billion? I have averred often in this space to the Fed’s ability to conduct back-door buying operations of all kinds of janky financial crapola — and in a world where claims on promises to pay hugely exceed anyone’s ability to pay or re-pay, there’s as much of it out there as there are plastic grocery bags floating in the horse latitudes of the Pacific Ocean. The Fed can hose up bad paper all the live-long day and apparently get away with mis-reporting what it is doing, and is the country any the worse for it?
At the end of that live-long day the American people are left in a matrix of lies so thick and sticky that all the de-greasing agents supposedly vested in freedom of the press will not avail to liberate them, and they are suspended like little morsels of winged prey to be sucked dry by the descending spiders of crony capital.
Bottom line: the taper so far is just $1 billion shy of being completely fake (so far as anyone knows), a magician’s mis-direction from the real action of the gag, which was removing the previous “threshold” of a 6.5 percent unemployment figure for raising interest rates — in other words, promising ZIRP (zero interest rate policy) forever! That would green light a never-ending continued carry trade (i.e. looting operation) of Too-Big-To-Fail-or-Jail primary dealer banks extracting “free” money from the Fed window for conversion, abracadabra, into, say, student loans at 5 percent, guaranteed to enslave the generation now coming into adult flower. (The catch there being that they might flower into revolutionaries eager to string up such bankers from every lamp post in the Hamptons.)
I know there is a lot of confusion “out there” about what constitutes inflation — is it a so-called “monetary phenomenon” or just shit costing more? — but that’s probably too fine a distinction for “folks” (to use the president’s favorite term) who can’t pay five bucks for a jar of peanut butter. The price of everything except the yellow junk called gold, seems to be shooting up. Pretty soon, they’ll be using that worthless gold to solder the drain pipes on bathroom fixtures out where the housing starts roam.
Which brings us to the interesting question: exactly what mysterious entities have been systematically pounding the price of the yellow stuff down in the PM markets like Tony Soprano’s crew “tuning up” some pathetic vic with thirty-inch lengths of re-bar and a fungo bat? And, per corollary, who are the anonymous agents yanking the equity indexes such as we saw on Wednesday, December 18, when a holy host of stock shorts was magically deployed in anticipation of Ben Bernanke’s taper announcement so as to inspire a short-covering mega-rally when he opened the hole in his beard? What I wonder: if we have so much fabulous surveillance technology, why doesn’t some enterprising nerd team find out who’s behind all these pushing-pullings, yanking-and-crankings? Where is the Snowden of the financial markets who will unmask these actors?
Let’s cut to the chase. You heard it here: not only will the Fed eventually (i.e. soon) fail to taper in any meaningful sense; before this is over they will ramp up the purchases of worthless securities beyond $100 billion a month through every back door and trap door in the infamous Eccles Building, including perhaps Janet Yellen’s dainty fundament. The inflation — whatever that is — will sitting out there waiting behind the Hoover Dam of the Fed’s balance sheet. I wouldn’t want to be in Las Vegas when the first cracks appear on it. Merry Christmas everyone. Jim Kunstler, 12/23/2013
Thank God They’re Stupid
by Luke LaVellian
Many times I’ve thought to myself, “If the ZOG were to play it just a little bit smarter, we wouldn’t have a prayer of winning.” However, they never seem to learn from history, and I hope to live long enough to see them repeat it. I no longer worry that the hopefully soon-to-be-oven-fodder Yids and their Lamp-Post ornament “white” friends, will “get a clue”, and thereby avoid their comeuppance. It would seem, judging by some of their recent actions, that these murdering, thieving, cretins seem to relish the thought of being put through their paces by legions, of the likes of me.
We are so lucky, that on a subconcious level, kikes and their fellow travellers, seem to desire extermination. I have often been amazed at some of the unintentionally helpful things that the system has done for the White Racist cause. I cannot count the number of times that I have “armchair-quarterbacked” these morons,and wondered at their shortsightedness and all-round childishness. For the life of me, I can’t figure out why they literally NEVER throw the “rubes” a bone, once in a while. I am most appreciative of the fact that they do not, however.
At the bottom of the page, I provide a couple of examples of where the ZOGites truly fumbled the ball. Instead of placating millions of temporarily alarmed white sheeple, by letting the dolts think they had “won one” for a change, the ZOGites did what their predecessors did before them, which, by the way, always led to them getting their foul backsides kicked hard, and that is the indulging of their infantile compulsion to “lord it over” their subjects and rub their faces in the muck of their creation. This has been the undoing of many a “peace-loving” jewish community, in the past. You would think it would suffice to have the power and control all to one’s own group, wouldn’t you? Isn’t it hard to relate to fools that can’t help but poke a stick at their prey, until their intended food, fights back?
#1- Cincinnati, Ohio: After a week of niggers behaving as niggers (ie, rioting, raping and 10 on 1 beatings), the local prosecutor’s office has filed its first “hate crime” charges! After 182 nigger assaults of white people, who do you suppose was charged? A WHITE MAN who threw a brick at a congoid’s windshield while daring to call the nigger a nigger! Thanks guys! We couldn’t have asked for a better piece of propaganda! Even some of the drooling drones might wipe the saliva from their chins, and actually DO something!
#2- Top Clinton Administration Criminals get a walk: This really said it all, to me. The morons that are running this poorly-scripted show are clearly, NEVER going to wise up. Imagine how far it would have gone to dissipate the growing anger in White America, if the Imperial Corporate Regime were to have served up a handful of it’s sloppier servants, such as the repulsive dyke, Reno and a few other highly dispensable cruds. Those out there, who don’t “get it” yet, would have been fooled into believing that the “guys in the white hats” were cleaning up “their” government. The CONservatives would have rejoiced! “We the people” would have become something other than the punchline of a growing number of jokes. But, it wasn’t to be. They instead held their laughable “Danforth Hearings”, and of course, found that nothing untoward had happened in Waco. Clinton was held to account for nothing and will probably be a major part of “our” PUBIC life for decades to come. Again, thanks guys! We Revolutionaries couldn’t do it without you!
–Luke LaVellian — circa 2000
If Luke were to write this essay for 2013, he would have much more extreme examples of TGTS.