It's all about short term hype trumping long term reality...
In the short term, everything is OK... But come back in six months...and everything will be in the toilet...a real nosedive...
Only the shorts will make anymoney this year...
Furthermore , this notion that the markets have to rally wildly after every FED meeting is getting tedious; and is completely based on old traditions that were established during the Greenspan Bubble Daze...
Back then, everyone knew that Greenspan would do all in his power to continue hyping his bubble.. which he claimed he didn't even see!
The US "economy" is a work of fiction now...it's not based on ANY valid or even reasonable, long term economic rationale or expectation...
The current "game" seems to be allowing the elites to continue their looting until the "Progressives" take over; and restore at least some economic sanity...and put a little "populist politcs" into the mix.
Unfortunately, the Defeatocrats...have simply REFUSED to talk about anyeconomic issues...
So, a large percentage of the incredibly ignorant US public still thinks it's all about Gay Marriage or "fearing Jesus" and hating the "evil ones"...in Washington....and even on Wall Street...
But, my hunch is that the old game is ending...
Because even the stupids are starting to see that something isn't seriously right...
And it's not that "The Liberals Hate Jesus".... as the Hate Radio Fascists are telling them...
THE VERY FIRST DEMOCRAT WHO STARTS TO TALK ABOUT CORE ECONOMIC ISSUES, AND NOT WALLOW ON UNPOPULAR "SOCIAL ISSUES"...WILL WIN THE NOMINATION AND THE PRESIDENCY...
BUT THAT CANDIDATE WILL HAVE TO SURVIVE AN ATTEMPTED SMEAR CAMPAIGN BY THE ECONOMIC ELITES...WHO WILL INSIST ON THEIR RIGHT TO "FREE SPEECH"...AND DECRY THE DREADED "CLASS POLITICS"
I SUPPOSE THE POINT IS THAT: THINGS ARE REACHING AN INFLEXTION POINT FOR THE US ECONOMY...
WE NEED TO SHIFT AWAY FROM THE REPUBLICAN ELITES USE OF "JESUS POLITICS" AND TOWARD A REAL MACRO ECONOMIC BASED POLITICS AND POLICY...
BUT ALAS, ONLY THE TOTAL COLLAPSE OF THE US DOLLAR AND THE US BOND WILL BRING THAT ABOUT... BUT WE ARE GETTING CLOSER EVERYDAY...
ONLY THE BANK OF CHINA CAN SAVE AMERICA AND AMERICANS FROM THEMSELVES... BUT WILL THE CHINESE DO IT...? WILL THEY ALLOW THE NEEDED AND OVERDUE DOLLAR COLLAPSE... SO THE "NEW POLITICS" TO TAKE ROOT IN THE US?
