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Gone With the Wind
Pajamas Media ^ | Oct 20, 2010 | Richard Fernandez

Posted on 10/21/2010 4:16:55 PM PDT by Rashputin

How bad things will turn out to be in the next few months is a matter of conjecture. What appears to be true is that the old certainties are finished. By how big a margin is the question. The arithmetic is brutal. The money that once supported the welfare state is gone. Big Government “Hope and Change” is dead because it’s broke. Broke. Broke. Ask the Fed. All the protests in the world are not going to change that fact. Neither is all the printing in the world.

Worse, the ability to bluff is gone. The social shields that have long surrounded progressive politics are down. The automatic deference to the gatekeepers has evaporated and blown away. People are no longer intimidated by fancy titles and Nobel Prizes. News that Justice Alito is not attending the president’s next State of the Union Address and that Virginia Thomas has called Anita Hill asking her to apologize for her accusations against Clarence 20 years ago suggest that even politesse no longer trumps concern over the issues. No longer is it possible for one Washington insider to speak in family confidence to another. Remember how Saruman tried to cut a deal with Gandalf?

(Excerpt) Read more at pajamasmedia.com ...


TOPICS:
KEYWORDS: awe; dimwits; nationaldebt; shock
Another good article from one of my favorite folks.
1 posted on 10/21/2010 4:16:58 PM PDT by Rashputin
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To: Rashputin

But why is the stock market still going up, up, up???


2 posted on 10/21/2010 4:20:28 PM PDT by ProudFossil
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To: Rashputin

The Kenyan Community Organizer DID SAY that he would “fundamentally transform America”.

I guess he just left out the part where that transformation would be to make us a 3rd world country whose basis of organization is Socialism around a Massively BIG Government.

Oops?!


3 posted on 10/21/2010 4:28:06 PM PDT by R0CK3T
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To: Rashputin

The old regime is being replaced with teh TEA Party backed American’s-Next-Door candidates.

America needs no “leaders” because we are citizens who elect public servants. We do not need their ideas, we just want public servants willing to carry out our ideas.


4 posted on 10/21/2010 4:28:19 PM PDT by GladesGuru (In a society predicated upon freedom, it is essential to examine principles,)
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To: ProudFossil

“But why is the stock market still going up, up, up???”

As I have posted here before, I think the market is just a scam, run by a few Soros and Buffet types, doing the pump and dump, over and over, using sophisticated computer programs.
The market today, does not reflect reality.
It is no longer your father’s stock market.


5 posted on 10/21/2010 4:37:39 PM PDT by AlexW
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To: ProudFossil
But why is the stock market still going up, up, up???

My guess, the market sees a big Repub win in November and thus, gridlock. The market likes gridlock because it is stability, not the best type, but stability nonetheless.

6 posted on 10/21/2010 4:38:33 PM PDT by VRW Conspirator (Twisting words of PJOR - Congress is like teenagers, a family car, car keys and bottles of whiskey.)
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To: Rashputin

Can we outsource the foreign aid expenditures to, uh, China or somebody? Please?


7 posted on 10/21/2010 4:39:19 PM PDT by 668 - Neighbor of the Beast ( A window seat, a jug of elderberry wine, and thou.)
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To: AlexW

What risk is there to a company who sells all their risk via stock to individuals. Much of that through retirement portfolios.

I work with folks who try to convince me to sell 90% of my company to investors so that if I tank then 90% of the loss is born by others and I get to keep their investment.

It is immoral advice that is now the norm in business.


8 posted on 10/21/2010 4:49:36 PM PDT by liberty or death
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To: Rashputin
Mr. Fernandez you are getting there, and that is commendable for a journalist. But we should never have come to this in the first place, especially in the United States which could have so much going for it.

The word is PHONY, as in every thing in Hollywood is PHONY, no matter how many special cinematic effects. Or the distributed Media which uses itself as a selective window to show what it wants to show (or manufacture) to the ignorant. Or the public unions which extort the taxpayer for work which any one the world over could do as well or better.

Or, as you say the Nobel Prize: Yassar Arafat? Al Gore? Paul Krugman? Barack Obama? Jimmy Carter? Economists? And you're just getting around to realizing it (and getting paid?)

The world is becoming disastrously overpopulated with the Bicameral. The United States of America fought two fronts in WWII with 187 million people, building P-47's, P-51's, B-29's, Sherman tanks, the Atom Bomb, etc.and prevailed. It now has over 300 million, a good percentage of whom are survivalist illegal invaders cultivated purely for political self aggrandizing power; and citizens expect that to improve the standard of living? While all the time the nation of invasion origin has as many natural resources as any jurisdiction on the planet. Sure seems PHONY to me. NO?

Hillary Clinton's marriage isn't the phoniest political set up this side of Hollywood? George Soros is the most loyal selfless American since Kate Smith? Barbara Boxer would rather work behind the scenes to support the productive responsible taxpayer rather than feed her sad California Ego?

Sure seems like PHONINESS to me. Where have you been?

Johnny Suntrade

9 posted on 10/21/2010 4:58:39 PM PDT by jnsun (The Left: the need to manipulate others because of nothing productive to offer.)
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To: jnsun
It really doesn't make a damn who has been saying things would get to this point for decades, seeing everyone on the left as phonies, or like myself calling democrat thugs fascists for thirty years. Now is the time that history has chosen to bring all the threads together and create a situation where we can do something about the mess. I think it's better to commend those who speak the truth now days even if they just figured it out yesterday than it is do decry them for being late to the party.

Now, once blood is shed, I think “where the hell you been” is a very good question to ask of newcomers.

Just a thought, not a slam or a disagreement with the way you see things or have been seeing things for a long time.

Regards

10 posted on 10/21/2010 5:17:44 PM PDT by Rashputin (Obama is already insane and sequestered on golf courses or vacations so you won't know it)
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To: Rashputin

11 posted on 10/21/2010 5:32:52 PM PDT by JoeProBono (A closed mouth gathers no feet - Visualize)
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To: ProudFossil
But why is the stock market still going up, up, up???

One word ... inflation.

If you want to see the TRUTH, Google "DOW in gold dollars".

12 posted on 10/21/2010 5:54:59 PM PDT by The Duke
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To: The Duke
But why is the stock market still going up, up, up??? One word ... inflation.

Then why is my Social Security check not going up, up, up???

13 posted on 10/21/2010 6:18:10 PM PDT by ProudFossil
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To: ProudFossil

because the Dollar is going down, down, down!!


14 posted on 10/21/2010 9:41:12 PM PDT by M-cubed
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To: jnsun

The US population in at the end of WWII in 1945 was more like 132 million, not 187 million.

dvwjr


15 posted on 10/22/2010 2:40:11 AM PDT by dvwjr
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