Thursday, May 14, 2009

FOOD SOARS....JOBS PLUNGE...BUT WHAT'S NOT TO LIKE?

CLEARLY THE BERNANKE BUCKS ARE TRAPPED ON WALL STREET...

BUT THEY ARE SLOWLY CREEPING OUT IN THE FORM OF COMMODITY INFLATION...AS THE FOOD PRICE SURGE CLEARLY SHOWS...

AND OH YEAH...DID I MENTION THE JUMP AT THE PUMP...GAS IS UP BIG TOO...

WHAT BERNANKE DID WAS NOT "KEYNESIAN"....PLEASE DON'T CALL IT THAT...

WHAT THE FED DID WAS THE LAST HARRAH FOR THE BUBBLE ECONOMY...A DESPERATE...AND NOW FAILING ATTEMPT TO BRING BACK THE BELOVED ASSET BUBBLES ON WHICH THE US ECONOMY HAS BEEN BASED FOR SO MANY YEARS...!

BUT THAT IS OVER NOW...

THE BIG QUESTION REMAINS... NOW WHAT...?

NO ONE KNOWS...

IN TRUTH...SOCIALISM MAY BE THE ONLY ANSWER AVAILABLE FOR AMERICANS...

SOCIALISM IS REALLY THE ONLY ANSWER AVAILABLE FOR A COLLAPSED ECONOMY AND SOCIETY.

AND SOCIALISM IS COMING A LOT SOONER THAN MANY THINK...

BASICALLY THE ENTIRE SYSTEM IS IN SHAMBLES...TOTALLY BROKEN DOWN...

YES, A FEW WHEELS ARE SPINNING ERRATICALLY FUELED BY THE MASSIVE SURGE OF BERNANKE BUCKS... BUT EVEN THEY ARE SLOWING DOWN AND BACKFIRING NOW...

SOCIALISM IS THE ONLY ANSWER...