Posted on 10/21/2009 8:08:06 PM PDT by crosstimbers
The Math Manifests Itself in the Charts… Sorry, but the American capital system is dead. Not dying, dead… sorry, it’s all over, the only part of it left is watching the show land on the rocks.
How did it get that way? Did you view FRONTLINE: The Warning? Bad math that was created and supported by fraud and deception in the shadow banking world. That world is still being hidden and supported today in an attempt to breathe never ending life into an impossible math situation. It was allowed to happen because those creating the false money were, and are, handing it out to politicians (babies) like candy. It will not succeed and has, in fact, already failed as it was always destined to.
Here’s someone who understands the bad math. His article is a great and simple read:
Greater Depression for U.S. Rebuts 'Recovery' Talk. Jeff Nielson is correct, the math doesn’t work and all that’s left is the when.
And we can see the bad math manifesting itself in the charts. It’s not a pleasant thing to watch, really… a disgusting reality that can only be ignored for so long.
You want to see some bad math? Here it is:
Federal Receipts:
(Excerpt) Read more at economicedge.blogspot.com ...
Capitalism is not dead.
Hopefully the corruption will be rooted out. And Obama, Pelosi, REid, GEithner, Barney Frank, Chris Dodd and the rest of the corruptocrats will be out soon.
bump
Ok. So-—what do we do exactly? Article is all doom and gloom with no suggestions to weather the storm. Or maybe we’re all just hoplessly hosed. However, I don’t really believe that. Things are never quite as good or bad as they appear. And few people are good prognosticators.
FRONTLINE is leftwing propaganda
We form post apocalyptic counter utopian societies reminiscent of "The Road Warrior."
Who wants to join my tribe? Each of the first twenty to sign up get a free cookie!
Capitalism is dead. In any economic system that selects for ruthlessness and aggression, pirates will eventually gain control over that economy and rig the laws, enabling them to loot both private and public wealth. The currency then collapses, leading to a domino-effect depression. By the time this happens, however, the pirates have converted their fortunes into real property, and watch from their quarterdecks as the global economy sinks beneath the waves. This is exactly what is happening now.
We form post apocalyptic counter utopian societies reminiscent of “The Road Warrior.”
So.....we all go back to being serfs, eh?
Only a system of economics based upon the Natural Law can continue over time. Capitalism and its twin brother socialism rely upon the alienation of man from his property and the commodification of human labor (and, by extension, human beings), and thus lie outside the Natural Law.
And the Natural Law is not mocked. We have forgotten that over the past 500 years. The Gods of the Copybook Headings are about to limp up to explain it again, and the lesson will be painful.
When the medieval Christian system of economics was replaced by capitalism, the writing was on the wall.
However, even in the depths of this coming depression, people will still have broadband internet, IPODs, Bluray, and cheap clothes & electronics. In short, it won’t be your granddady’s depression.
This article is nonsense.
External public debt is currently less than 50% of GDP; in 1946 it was 105%.
America currently stands 23rd in the world in public debt as a % of GDP. Things aren’t good, but the situation is not yet hopeless as erroneously stated in this article.
and we peasants will be lead down the path that what we do ACTUALLY means something....
maybe we've been fools all along...
Not fools. Wishful thinkers.
The economy is a car headed for a cliff. The steering wheel doesn’t work any more, and there’s a madman in the driver’s seat with his foot on the gas pedal, pressing to all the way down. We’re in the back seat. Nothing to do now but strap in for the crash and get ready to claw our way out of the wreckage.
There is no panacea now. Those bringing the bad news can’t tell you how to brace yourself. There are too many different situations. Telling the Trade Towers people that the second plane is going to hit the second tower without telling them how to avoid it...
if financial firms had only set aside the bonus money they paid themselves each year over the previous ten years, approximately $1 trillion dollars in all, the taxpayer’s of this country wouldn’t have had to bailout the banks from their own financial malfeasance.
It may be ‘knocked unconscious’ but it ain’t dead. Because we still have patriotic Americans in these divided states!
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