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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (3408)7/29/2002 11:39:28 AM
From: Jim Willie CB  Respond to of 89467
 
exactly, a failure in democracy and its institutions
in my view...

election process is absurd, with pretty boys typically winning, and those connected to big money getting a big leg up in advantage

free press is now seriously compromised across the board, with parent organizations often dictating the tone
no proof here, but when has CNBC ever advised selling all and buying bonds?
(owned by Genl Electric)
when has WallStJournal ever advised the same?
(owned by DowJones Inc)
when has any major press group reported anything on the gold carry trade to bolster the dollar all last decade?

economist groups now have become seriously compromised, with major financial and political interests far too powerful in their influence
some economic research is bought, and not resubscribed if unfavorable
the Samuelson beliefs are now part & parcel of the Harvard EasyMoney Keynesian School of Thought
it is politically incorrect to question the debt-based currency system that we have now gambled our entire financial future on
(this is not open to discussion)

the financial stock markets are totally rigged, with investment bankers and brokerage analysts in bed up to their shriveled gonads with the very firms they offer advice on
the result is retail investors rushing in to complete the bubbles

the Federal Reserve Banking system has failed us, despite the deification offered up to the Chairmen
they have contributed to vast decade-long swings in expansions and contractions, that seem to profit few but the ultra-wealthy
now, as we approach with mind-bending hurtling speed toward the Japanized economic model of 0% interest, we will witness our future locked in a box, just like Japan

Congress has become a den of thieves, whores, and felons
Traficante is the most recent expulsion
(he does his hair with a weed whacker)
the Democrats spend our money irresponsibly on behalf of the poor
the Republicans spend our money irresponsibly on behalf of the rich
so our money has been spent badly, invested badly, with nothing but a huge debt remaining

our democracy has provided a seeming unlimited supply of credit with which we can kill ourselves
and we have done just that

buy gold, a huge opportunity as a hedge for the upcoming Perfect Storm
the economy, the stock market, the dollar
all will be failing for the next few years in magnficent fashion

by the way, the Dow and S&P are now knocking at the failed support level from early July
/ jim