Debt Rattle May 23 2016
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May 23, 2016 at 8:56 am #28315Raúl Ilargi MeijerKeymaster
Harris&Ewing Hancock’s, the Old Curiosity Shop, 1234 Pennsylvania Avenue 1914 • Japan April Imports Fall 23.3%, Exports Drop 10.1% (BBG) • Japan May F
[See the full post at: Debt Rattle May 23 2016]May 23, 2016 at 2:14 pm #28316Dr. DiabloParticipant“This is getting weird. It’s like Beijing is reinventing finance. The government is paying off debt to the shadow banks.”
They learned this from 1st world finance. The United States Fed who has been doing for 10 years now, with QE, Twist, and failures to deliver on the order of multi-billion-per-month hidden bailout. But it’s not weird or wrong when we do it. It’s smart and savvy!
Disappointed in Taibbi. Even writing an article WHY this is happening, he’s writing an article on how THERE’S NO REASON FOR THIS TO BE HAPPENING!!! Every leftist–and naturally this comprises the entire U.S. media–is blinded by intelligentsia hatred of the working people they pretend to champion, such that they simply cannot understand. Listen: if it happened, then there is a reason. The reason is pretty straightforward and clear. So get your head around how you’ve been completely wrong and reality isn’t what you think it is. That there are other people in life who think differently than you do, and that doesn’t make them stupid.
Are you ready? Here’s the reason: In the United States, the Republicans have been the same as the Democrats for more than 25 years. The reason people are voting for Trump is because **out of 17 candidates the Republicans ran, every one of them was a disingenuous, odious, lying turdball completely sold out to the insider system that has so unremittingly devastated this country.** (See last week’s comments on total desperation, rising suicides, early deaths and the “vicious, selfish culture whose main products are misery and used heroin needles.”) All they had to do was run ANY normal, uncompromised human being, and they could have walked in to White House. But they couldn’t even do that because the level of fraud, theft and extraction is so high, any normal human being would stop it, and the system would collapse because the system is now nothing BUT fraud and extraction. Cruz was the worst of them: hated by BOTH the GOP insiders AND the public. Therefore, it takes no imagination at all to understand why every American in flyoverland would vote for ANYONE the Insiders hate and/or is willing to say that things stink. You don’t have to be stupid–or their instant go-to line for failure-to-understand, “racist”–to see that, as you’re in danger of imminent death anywhere from Harrisburg to Sacramento–not “economic” death, not “death of our way of life” by actual, physical death of your family by sudden and immediate privation same as Greece, same as the Syrian refugees–means that you need to do something right now to change things, because if you wait even a year it may be too late, even if that something is desperate and otherwise ill-advised.
This is what reporters and pundits, politicians and thinktanks, in their $750,000 houses in the only 10 cities that remain standing don’t understand. They’ve sucked the wealth of the entire nation into their neighborhoods, and as weak as the economy is there, they think they know what it’s like, that is mostly the same in other cities–maybe not quite as good, but not so bad. IT’S NOT. The center of America now has more in common with Sarajevo than Cincinnati. That’s how out of touch they are. That’s what they miss, and that’s why they call every American from coast to coast “racist”, driven by “hate.” No, real hate is killing flyover Americans in the hundred thousands while openly mocking them: that’s hate. Flyoverland people are not killing fellow Americans; the intelligentsia and their policies are and have been for over 20 years. This is the story you’re not getting in Europe. The U.S. looks like a slow-motion Soviet Collapse, circa 1994.
So I don’t think people really care all that much about Trump or his policies–if he even has any–so much as this desperation that they need to stop the onslaught of this devastation of an enemy throwing wave after wave and you’ll grab anything that would break the tide. Throw the pots and pans, dogs and cats, the mullet toupees, anything.
But if you’re in one of the 10 blesse’d cities, I doubt you understand. This is where Taibbi is right: it’s a miracle Americans have been so good-natured up to now, as “mankind are more disposed to suffer, while evils are sufferable.” With rising death rates and no visible future, they are no longer.
What it most reminds me of is that other time Wall Street ruled the nation, roving everywhere, stealing houses with impunity, buying States and Congresses, using the Central Bank to paint it all in a thin veneer of legality and openly threatening to bring the whole nation to heel with a market crash if any dared oppose them. At that time another loudmouthed, uncouth, vilified populist took over, a bona fide Dwayne Elizondo Mountain Dew Camacho, scrapping with all the Harvard and Wall Street pirates, driving them out of their minds with his redneck, wife-swapping, gun-toting, hard-drinking, unpresidential material. And guess what? The nation survived Andrew Jackson, and might have been the better for it. A “populist” –gasp–. Doesn’t that mean a guy the people like and vote for? And this is wrong in a democracy how?
Sadly the Republican party did not just “destroy itself” as Taibbi suggests. By caving in to Trump, possibly even calling off the 3rd party run to dump critical Trump supporters, the party now may NOT self-destruct, which is all the more dangerous as the same GOP villains are still hiding in the room. But it HAS changed, and no one yet knows how.
No, unexpectedly, it’s now the Democratic Party that’s in danger of ceasing to exist as they don’t get on board with anger and betrayal so incredible that 5% candidate Sanders is whipping Clinton hollow, who lost 18 of the last 25 primaries and they STILL call her the nominee. Even with the glaring Republican example staring them in a face, they won’t back down from party dictat and kingmakers telling the people “you dirty peasants bloody well vote for who we tell you to. We are the smart people, and you’re idiots who don’t know what’s good for you.” –A sentiment disturbingly common worldwide, as seen in Brexit, the E.U., and Greece. Democrats understand the threat of “if you know what’s good for you” just as well as Republicans do, and their lives are equally forfeit to the same open corruption. If you’re not here, you have no idea how much even hardcore Democrats hate Hillary, and that’s saying something. But they too cannot fathom nominating a normal human being because without extracting blood from 99% of the voters, the system would collapse.
Just want to give the view from inside the U.S. on the edge of flyoverland, because none of these idiots have a clue. Even when delivered to a bloody pulp with a clue-by-four, it still hasn’t soaked in. Think about it.
May 23, 2016 at 2:44 pm #28318GreenpaParticipantThe real problem with the “basic stipend”, instead of welfare, is one I never see addressed. Not “how much is good, enough, or right” – none of that matters.
What matters is that the human vultures we consistently pretend don’t exist – will immediately find ways to steal the stipend money; exactly as they do now. Guaranteed. No question.
May 23, 2016 at 3:54 pm #28319Dr. DiabloParticipantBy way of example: https://www.zerohedge.com/news/2016-05-22/mad-about-rigged-elections-mainstream-media-says-you-are-problem
This time on the Bernie side. Take your pottage, peasants!
May 23, 2016 at 5:42 pm #28320jalParticipant” What matters is that the human vultures we consistently pretend don’t exist – will immediately find ways to steal the stipend money; exactly as they do now. Guaranteed. No question. ”
Yes. I’ve seen it ,time and times again. (Natives, welfare, unemployment payments, immigrants, disaster relief, etc.)
Did you hear about the fellow who claimed to be an evacuee from Fort Mac and was claiming assistance? He was lying. I guess they will throw the book at him.
May 23, 2016 at 7:18 pm #28321seychellesParticipantFreedom cannot be taken for granted. The outliers who see things differently from the norm are its main guardians and their early (and persistent) warnings should not be casually dismissed. The agents of sloth, greed, cynicism, hate, tyranny and mind control have chipped away at freedom in the US for such a prolonged period now that its foundations can only be rebuilt in a tumultuous social setting. The Zioglobalist roaders who have engineered our current mess will certainly see the chaos they so clearly desire, but the result may not be the one they expect. Some people never learn.
May 24, 2016 at 4:21 am #28322NassimParticipantThanks Raùl
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