This theory makes much more sense, and explains the attempts of both Treasury and the Fed to prop up and maintain the current banking & financial systems in place ie the FIRE economy. That's because they know if the underlying economy fails, the state does NOT gain more power, the welfare state actually FAILS. After all, who are the first to be cut off from receiving entitlement checks? That's right, the same people who exhibited such strength under adversity during Katrina.
When the $USD fails, it will take the central government down with it, freeing the respective states to form a new association, er union, that bypasses DC. It actually all comes down to what the military will do; personally, I don't see them following Hussein's orders.
The most intelligent comment I have seen yet.
Thank you for posting that. I think you’re on target.
Some more for thought. I searched for this and couldn’t find here, so here goes.
This is really scary. The Rats are trying to cover every base they can conger up.
The RAT hiding deep inside the stimulus bill
By
Byron York
Chief political correspondent
2/19/09
The far-reaching — and potentially dangerous — provision that no one knows about.
You’ve heard a lot about the astonishing spending in the $787 billion economic stimulus bill, signed into law this week by President Barack Obama. But you probably haven’t heard about a provision in the bill that threatens to politicize the way allegations of fraud and corruption are investigated — or not investigated — throughout the federal government.
The provision, which attracted virtually no attention in the debate
over the 1,073-page stimulus bill, creates something called the
Recovery Accountability and Transparency Board — the RAT
Board, as it’s known by the few insiders who are aware of it. The
board would oversee the in-house watchdogs, known as inspectors
general, whose job is to independently investigate allegations of
wrongdoing at various federal agencies, without fear of
interference by political appointees or the White House.
In the name of accountability and transparency, Congress has
given the RAT Board the authority to ask “that an inspector
general conduct or refrain from conducting an audit or
investigation.”
If the inspector general doesn’t want to follow the
wishes of the RAT Board, he’ll have to write a report explaining his
decision to the board, as well as to the head of his agency (from
whom he is supposedly independent) and to Congress. In the end,
a determined inspector general can probably get his way, but only
after jumping through bureaucratic hoops that will inevitably make
him hesitate to go forward.
more—www.dcexaminer.com >> Politics
so Obama isn’t really evil. He’s just the naive, incompetent idiot that he appears to be.
After all, if I was an evil socialist and wanted to make the government ‘work’, I would hire people with some experience at actually running things. Not senators who think they can solve problems with multiple ‘czars,’ task forces and committees.