Wulf's Pawprints

Stalking my voice.

Saturday, March 22, 2008

TURD BLOSSOM

Category: i-economic collapse

"Money Money Money must be funny, in the rich man's world." with those words ABBA has given us a Star Trek grade brain munching ear worm, today that line is more prophetic than ever. Though this time 'funny', is the la-la, white suit with leather restrains pumped full of psychoactive drugs 'funny', funny farm, funny in the head funny.
The 'rich men' have been shown to be no richer than you or me, holding bags of currency that makes monopoly money look attractive as a currency position.

For a very very long time, I was intuitively very weary of the entire western system of economy based on 'confidence'. Belay the notion of gold, thats terrorist and conspiracy nut talk. Belay even the notion of industry output, though some lip service is still paid to this quaint notion that you have to actually make stuff to get paid.

No, its all about confidence. The rich, contrary to my naive notion of wealth are actually not rich. Oh they have expensive cars, expensive houses and expensive trophey wifes. It transpires that the majority of their wealth, the really big money is in the form of loans...
blink
Loans from other rich people...
blink
Who in turn loan money from others...
rich...
people...

As the recent developments are beginning to demonstrate, you really can not fool all of the people all of the time. Sooner or later, someone naive bastard is going to point out that not only the emperor has no clothes, but his treasury is filled with genuine, gold gilded turds pushed as currency.

Is there any better indicator that the public has been artfully perception managed for at least the last 30 years?
The carefully stage managed notion that everything is just dandy.
The Titanic has not only sunk while we were re-arranging chairs on the deck, the Titanic is actually a paper boat that has kept afloat for no other reason than the combined delusional will of the passengers.

So what have we learned from this?
For one, those courageous enough to lift the carefully placed OZesque 'dont look under that curtain Dorothy!' are receiving some interesting insights into how the entire sordid sausage machine of economy works.

1. Banks make money out of thin air, for every dollar you deposit, they manufacture 9 to 25 to infinity dollars that they loan. Money that does not exist, ever. Money that when the loan is re-paid... will disappear.

2. Banks loan that pretend money to other organisations who then 'invest' it and make more pretend money with it. But this is now 'real' (not that the financiers call it that) money as its generated from solid financial products. This practice when executed by non-government authorised bodies is often called money-laundering and is criminal.

3. Solid financial products. To base an entire economy on the notion of financial product is an artful and brazen act of Chutzpa, and I do use the word advisedly. Very advisedly. For example, to package loan obligations, as in sub-prime house loans into a product that you then sell to other entities not only takes balls of steel. It takes balls of hardened titanium. Here kinds sirs, this parrot is not only dead, it will lay golden eggs for you.

4. We already are having the 'fix it' war. Historically when shit sandwich hit the fan in the past we went to war. The taxpaying herds were corralled into some patriot bullshit to get torn to pieces and mindfuck rape one another. This was always good for economy because the elites would make mountains of money and the taxpaying herds would forget about the real sources of their discontent...watch the hand! Watch the hand!

5. The US currency, for quite a while has been the standard. Instead of gold, other countries have bought US bills to hold in their vaults. This was good for the US. An equivalent of going shopping, getting all the stuff you want, knowing your cheques will never be cashed.

The entire house of cards is beginning to unravel.
This is why the US President, keeps saying 'All is well'.
We can not afford everyone to decide to back the paper funny money with solid stuff.
There simply is not enough of 'real' wealth out there to cover all the riches.

The confidence trick is being revealed to the taxpaying herds.
The elites knew about the sham for quite a while, you can be certain they are financially diversified enough to afford thugs to guard the walls of the estates when the hungry mobs show up on the doorstep of the mansions.

Unless the global financial cabal decides that is more profitable to sustain the status quo with more wars and more money printing, we are in for a 'corrective movement' that will make the great crash look like the crunch of a squirrel under the tire of the truck of reality bearing down the highway of common sense.
Expect gold to go stratospheric as people scramble to convert monopoly money into something that will get you a seat on the last plane out of the city.

Ultimately this entire cluster fuck is the result of losing touch.
If you repeat to yourself for long enough that the sun shines out of your arse, even you will start believing that the entire world revolves around you.

A cute fuzzy yellow duckling being crunched by a croc elicits sighs oh what a tragedy from us. The world does not play favourites or play fair.

Reason is the only way to re-connect the gods great design with the rigour of human mind ascribing the universe. Reason, not deranged babbling of confidence trixters selling us all figmentary bridges on the idiot box.
Where are you Freemasons!

The reality does indeed have liberal bias, and its about to give us a solid whack on the head with the rolled up exposition of the three rules of thermodynamics.