FDR WAS OFTEN CALLED A TRAITOR TO HIS CLASS DURING THE GREAT DEPRESSION...BECAUSE OF HIS NEW DEAL PROGRAMS...
WILL PRESIDENT ROMNEY HAVE THAT SAME CAPABILITY...? HE MAY HAVE NO CHOICE...
THE GRIM TRUTH IS THAT BOTH POLITICAL PARTIES IN AMERICA ARE NOW "POOR PEOPLES PARTIES!"
THE REPUBLICANS REPRESENT THE LESS EDUCATED MARRIED WHITES...WHO ARE POOR OR UNDEREMPLOYED IN LOW WAGE JOBS...THESE ARE THE BUBBAS, GUN NUTS AND ANGRY OLD WHITE GUYS IN FLY OVER COUNTRY...
THESE ARE THE 'VALUES' DUPES, CHURCH GOERS, AND RAYGUN DEMOCRATS OF THE 80'S...THE ANGRY "RED STATES!"
AND THE DEMOCRATS REPRESENT ALL OTHER CLASSES OF POOR PEOPLE...BLACKS, HISPANICS, UNEMPLOYED YOUTH, INTELLECTUALS, GAYS...ALL OTHERS WHO WERE NOT THE BENEFICIARIES OF THE RECENT BUBBLE ECONOMIES...NOW ENDED...
ROMNEY SIMPLY CAN NOT GO BACK TO MORE LOOTING...AS SOME FEAR... THOSE HAPPY DAZE ARE GONE FOREVER...
THIS IS NOT THE END OF THE CLINTON SURPLUS...THIS IS THE END OF THE OBAMA STIMULUS...
THE CLINTON SURPLUS WAS REAL AND SUBSTANTIAL...THE OBAMA STIMULUS WAS A TEMPORARY EMERGENCY MEASURE TO STOP THE BUSH PLUNGE INTO DEPRESSION...
BASICALLY PRESIDENT ROMNEY WILL BE STUCK WITH THE BUSH DEPRESSION...WITHOUT ACCESS THE OBAMA ECONOMIC MEASURES...LIKE STIMULUS.
THE ECONOMY IS STUFFED WITH PRINTED CASH FROM THE FED...THAT CASH IS NOT GOING ANYWHERE... BUT ONCE THAT MONEY HITS THE REAL ECONOMY...INFLATION WILL KICK IN...AND RATES WILL RISE...
CONGRESS GAVE THE ECONOMY A "SUGAR HIGH" AND THE FED KEPT IT ON A "MORPHINE DRIP"...TO KEEP STOCKS HIGH...BUT EVERYTHING ELSE WAS PUT IN THE ECONOMIC DUMPSTER....ESPECIALLY WAGER EARNERS...AND SAVERS!
THE HOPE WAS FOR THE MYTHICAL REPUBLICAN "TRICKLE DOWN"...BUT IT DIDN'T MATERIALIZE...!
CURIOUSLY OBAMA'S KEYNESIAN STIMULUS POLICIES PROVED THAT REPUBLICAN TRICKLE DOWN NOTIONS WERE BULLSHIT...!
THE STRUCTURE OF THE CURRENT BOND MARKET WILL NOT TOLERATE ANY RISE IN RATES...SO EVERY EFFORT WILL BE MADE TO KEEP MONEY OUT OF THE REAL ECONOMY WHERE IT CAN DO REAL DAMAGE VIA INFLATION...
WE ARE USING THE STOCK MARKET AS THE CONDUIT FOR ALLOWING CASH TO ENTER THE ECONOMY AS OUR "CURRENT PLAN"...
BUT SADLY THAT MONEY ALSO PASSES THOUGH THE COMMODITIES MARKETS ...AS WE SEE AT THE GAS PUMP...
THE STOCK MARKET DOES NOT INCREASE THE PURCHASING POWER OF ORDINARY AMERICANS....
WHILE THE RICH, WHO DO BENEFIT FROM STOCK PRICES, ARE SEEKING MORE OPPORTUNITIES IN ASIA AND OTHER LOW WAGE ECONOMIES...
ROMNEY'S MAIN JOB WILL BE SETTING UP A SOCIAL WELFARE SYSTEM FOR THIS NEW REALITY...
ROMNEY WILL NOT BE ABLE TO CUT TAXES...OR WELFARE BENEFITS...
A MUDDLE THROUGH ...PER USUAL...WILL BE THE BEST ROMNEY CAN HOPE FOR...
BUT MUDDLING ALONG...SOONER OR LATER HITS A BRICK WALL...AS HAPPEN IN 2008...
SO THIS IS NOT A "FAKE IT TILL YOU MAKE IT"...ECONOMY
IT'S MORE LIKE A "FAKE IT TILL YOU BREAK IT"...ECONOMY
NEITHER ROMNEY OR OBAMA WILL SOLVE THIS PROBLEM...SO IT MAKES NO DIFFERENCE WHO IS ELECTED...
AFTER THE FINAL CRASH...WE CAN REBUILD FROM THE ASHES...BUT THERE IS A LOT OF PAIN TO BE SUFFERED BEFORE THAT HAPPENS...
LIKE ROMNEY SAID: WE HAVE TO LET IT "HIT BOTTOM!"
WILL PRESIDENT ROMNEY HAVE THAT SAME CAPABILITY...? HE MAY HAVE NO CHOICE...
THE GRIM TRUTH IS THAT BOTH POLITICAL PARTIES IN AMERICA ARE NOW "POOR PEOPLES PARTIES!"
THE REPUBLICANS REPRESENT THE LESS EDUCATED MARRIED WHITES...WHO ARE POOR OR UNDEREMPLOYED IN LOW WAGE JOBS...THESE ARE THE BUBBAS, GUN NUTS AND ANGRY OLD WHITE GUYS IN FLY OVER COUNTRY...
THESE ARE THE 'VALUES' DUPES, CHURCH GOERS, AND RAYGUN DEMOCRATS OF THE 80'S...THE ANGRY "RED STATES!"
AND THE DEMOCRATS REPRESENT ALL OTHER CLASSES OF POOR PEOPLE...BLACKS, HISPANICS, UNEMPLOYED YOUTH, INTELLECTUALS, GAYS...ALL OTHERS WHO WERE NOT THE BENEFICIARIES OF THE RECENT BUBBLE ECONOMIES...NOW ENDED...
ROMNEY SIMPLY CAN NOT GO BACK TO MORE LOOTING...AS SOME FEAR... THOSE HAPPY DAZE ARE GONE FOREVER...
THIS IS NOT THE END OF THE CLINTON SURPLUS...THIS IS THE END OF THE OBAMA STIMULUS...
THE CLINTON SURPLUS WAS REAL AND SUBSTANTIAL...THE OBAMA STIMULUS WAS A TEMPORARY EMERGENCY MEASURE TO STOP THE BUSH PLUNGE INTO DEPRESSION...
BASICALLY PRESIDENT ROMNEY WILL BE STUCK WITH THE BUSH DEPRESSION...WITHOUT ACCESS THE OBAMA ECONOMIC MEASURES...LIKE STIMULUS.
THE ECONOMY IS STUFFED WITH PRINTED CASH FROM THE FED...THAT CASH IS NOT GOING ANYWHERE... BUT ONCE THAT MONEY HITS THE REAL ECONOMY...INFLATION WILL KICK IN...AND RATES WILL RISE...
CONGRESS GAVE THE ECONOMY A "SUGAR HIGH" AND THE FED KEPT IT ON A "MORPHINE DRIP"...TO KEEP STOCKS HIGH...BUT EVERYTHING ELSE WAS PUT IN THE ECONOMIC DUMPSTER....ESPECIALLY WAGER EARNERS...AND SAVERS!
THE HOPE WAS FOR THE MYTHICAL REPUBLICAN "TRICKLE DOWN"...BUT IT DIDN'T MATERIALIZE...!
CURIOUSLY OBAMA'S KEYNESIAN STIMULUS POLICIES PROVED THAT REPUBLICAN TRICKLE DOWN NOTIONS WERE BULLSHIT...!
THE STRUCTURE OF THE CURRENT BOND MARKET WILL NOT TOLERATE ANY RISE IN RATES...SO EVERY EFFORT WILL BE MADE TO KEEP MONEY OUT OF THE REAL ECONOMY WHERE IT CAN DO REAL DAMAGE VIA INFLATION...
WE ARE USING THE STOCK MARKET AS THE CONDUIT FOR ALLOWING CASH TO ENTER THE ECONOMY AS OUR "CURRENT PLAN"...
BUT SADLY THAT MONEY ALSO PASSES THOUGH THE COMMODITIES MARKETS ...AS WE SEE AT THE GAS PUMP...
THE STOCK MARKET DOES NOT INCREASE THE PURCHASING POWER OF ORDINARY AMERICANS....
WHILE THE RICH, WHO DO BENEFIT FROM STOCK PRICES, ARE SEEKING MORE OPPORTUNITIES IN ASIA AND OTHER LOW WAGE ECONOMIES...
ROMNEY'S MAIN JOB WILL BE SETTING UP A SOCIAL WELFARE SYSTEM FOR THIS NEW REALITY...
ROMNEY WILL NOT BE ABLE TO CUT TAXES...OR WELFARE BENEFITS...
A MUDDLE THROUGH ...PER USUAL...WILL BE THE BEST ROMNEY CAN HOPE FOR...
BUT MUDDLING ALONG...SOONER OR LATER HITS A BRICK WALL...AS HAPPEN IN 2008...
SO THIS IS NOT A "FAKE IT TILL YOU MAKE IT"...ECONOMY
IT'S MORE LIKE A "FAKE IT TILL YOU BREAK IT"...ECONOMY
NEITHER ROMNEY OR OBAMA WILL SOLVE THIS PROBLEM...SO IT MAKES NO DIFFERENCE WHO IS ELECTED...
AFTER THE FINAL CRASH...WE CAN REBUILD FROM THE ASHES...BUT THERE IS A LOT OF PAIN TO BE SUFFERED BEFORE THAT HAPPENS...
LIKE ROMNEY SAID: WE HAVE TO LET IT "HIT BOTTOM!"
