Monday, December 20, 2010

2011 : THE YEAR THE AMERICAN CONSUMER COLLAPSES

JOBS ARE NOT GOING TO COME BACK IN AMERICA...NOT EVER... ALL THE PRODUCTION IS OFF SHORE NOW...

AND CREDIT CARDS ARE BEING CUT...HOUSES ARE PLUNGING IN PRICE...AND MORE AND MORE PEOPLE JOIN THE UNEMPLOYED...

2011 WILL BE THE YEAR THE STATES FINALLY COLLAPSE...CALIFORNIA IS BANKRUPT...BUT THE "SOLUTION" IN THE AMERICAN MEDIA IS TO NOT COVER THE STORY...!!

ALL BAD NEWS IS CAREFULLY FILTERED OUT TO FIT THE FED NARRATIVE OF A MONETARY POLICY THAT IS "WORKING"...

THE FED MONETARY POLICY IS "WORKING" IN THE SAME WAY THE BUSH "SURGE" IN IRAQ WAS "WORKING"...

IT IS DELAYING THE INEVITABLE...

THE INEVITABLE CAN BE DELAYED FOR A WHILE...BUT THAT WAS WHAT 2009 AND 2010 WAS ALL ABOUT...DELAY.

2011 WILL NOT BE SO LUCKY...

MOST OF WHAT IS SAID IN THE FINANCIAL MEDIA IS BULLSHIT... LIES OR SELECTIVE REPORTING OF MINOR ISSUES AS MAJOR...WHILE THE REAL ISSUES ARE IGNORED...

LOOK AT THE RECENT MASSIVE TAX CUT LAW...IT WAS BILLED AS A NEW ERA OF GOOD FEELING AND BIPARTISENSHIP...

WHAT BULLSHIT...!

THEY WERE SELLING THE ECONOMY DOWN THE RIVER... IT WAS ONE BIG GIVEAWAY...MOSTLY TO THE RICH....BUT WITH A FEW SOPS TO THE WORKING SLOBS...

THE TAX LAW WAS THE EASIEST THING IN THE WORLD TO DO...IT ADDED A TRILLION TO THE DEFICIT EVEN AS THE TEABAGGERS ARE ABOUT TO TAKE OVER CONGRESS...

THE SITUATION IS TOXIC ON MANY LEVELS... AND IT WILL ALL HIT THE FAN IN 2011.