Dirty Tricks and Politics

The Duplicitous Democrats

Hillary R. Clinton is the Democratic front-runner, preferred candidate for the super-delegates, and apparently the top choice among older women, especially black women. Who would of thought? She also used her home computer to conduct government business as the Secretary of State. It might be of interest to note that 22 of the 2,115 emails that were retroactively classified, are Top Secret. Apparently this doesn’t matter if you are an older woman. She still has a vagina, she is still old, and that resonates with you. She cares about the minorities. She cares about the disenfranchised, right? Make sure you vote for Hillary because she is a woman and a mother!

Bernie Sanders, the dinosaur-activist, hell-bent on wealth redistribution and appealing to the ‘hopeless-generation’. He’ll makes things ‘fair’ again! He’ll increase taxes on those evil 1%, make ‘free’ education, virtually double the minimum wage, enforce pay parity for women, force employers to give more holidays etc. He loves taxes, wealth and income distribution, and above all, debt. He’ll expand the money supply, bankrupt businesses, create ‘free’ stuff, and step by step, make everybody equal. Equally poor, equally rich, hell it doesn’t matter anymore. Feeling the Bern!

The Repugnant Republicans

Marco Rubio, the quintessential Republican establishment puppet. There isn’t a hoop he won’t jump through. Whether or not he was a raging homosexual in college, apparently doesn’t matter to the conservative party. They will look beyond his checkered past, so long as he keeps Trump from winning. Although, how long Rubio will stay in the race will probably depend on him winning his home state of Florida.

Ted Cruz, the smooth talking Texan, fiercely fighting to be the next POTUS. He’s been waiting for power and control, and he’s coming second. Who knows what Cruz would accomplish as the next POTUS. I’m assuming more of the same. No real change. Nothing substantial. I can’t imagine Goldman Sachs fearing the election of Cruz.

Donald Trump, the fearless alpha-male, is upsetting the establishment with his ‘say-whatever-I-want’ style of debate. The self-funding candidate, doesn’t need establishment money and therefore is not beholden to them. Running off pure charisma and his brash demeanor, the Donald is looking to do what no other candidate is bringing to the party. Structural change to the U.S economy! Change, but not the Bernie ‘free-stuff-for-everyone-expand-money-supply-indefinitely’ Sanders, type of change. No, sir! Donald actually has intrinsic knowledge of running a business, trade, tax loopholes, and negotiations. Donald is not perfect, however, I have confidence in him far in excess of the other outsider, Bernie Sanders.  Here is a link to the tax reform Donald has in mind.

KEEP AN EYE OUT ON THE FOLLOWING:

  1. Voter shaving and other dirty tricks
  2. Hillary winning the Democratic nomination
  3. A brokered convention sidelining Donald Trump, promoting Ted Cruz for Republican nomination
  4. Hillary wins the general election and becomes the next POTUS

All four of the above are bad, although, the brokered convention ruling out Donald J. Trump, and Hillary winning the general election is the final piece of straw on the camel’s back. We should make sure these terrible outcomes don’t happen.

If you are a Bernie Sanders supporter, and he loses the Democratic nomination, make sure you vote Trump. If you are a Rubio supporter, and he quits the race, vote Trump.

America is in a very precarious financial situation. The economy is dilapidated. It is being extracted by trade, tax, monetary policy, and military misadventures. It needs to stop. It is time to set aside petty differences on minor issues, and join forces against the ‘evil-empire’, rally alongside Donald Trump, and fight the good fight!

 

 

 

Glass-Steagall Act: Panacea or Just a Single Piece of the Puzzle?

The U.S. and its promissory notes of today are of ghostly contrast to their former utility; a certificate entitling the bearer to gold. Banking certainly revolutionized transactions, and promissory notes of the past did allow the bearers to make payment without transporting around their gold, however, once America divorced the certificate from entitling the bearer to gold, these promissory notes were only worth the confidence that people had in them. Goodbye intrinsic value.

According to textbooks and most professors, central banks inflate the money supply by the money multiplier theory, although I believe the ‘credit creation theory’ is more accurate (the public somewhat still believes in financial intermediation theory, although this is not a surprise as the education system leaves much to be desired in these matters). This chicanery has allowed a privileged few to benefit from the manipulation of the gold price, LIBOR, FOREX, securities, and given birth to the odious and colossal derivatives leviathan. Perhaps this issue deserves some scrutiny? Why do I doubt Bernie Sanders will sincerely take on the money men? Perhaps Andrew Jackson could shed some light on this?

Problems? A class of privileged, rent-seeking parasites that have disproportionate influence over legislation. Central banking and misguided neo-Keynesian economic theories together responsible for pushing America into an abyss of wage stagnation, debt, misadventure, and lost productivity. So, where to now in regard to the federal funds rate? Languishing at 0-0.25 upper bound, there is very little room for monetary stimulus if another crisis were to hit. Perhaps it’s time to bail in the chosen banks with other peoples money? The enormous imbalances created by loose monetary policy, the taxpayer funded bail outs of the insolvent and fraudulent banking establishment, the over reliance on borrowing by issuance of debt securities and debt monetization. The Federal reserve balance sheet of roughly 4.5 trillion dollars, further quantitative easing looking imminent, disingenuous unemployment and inflation statistics. How will Bernie Sanders fix this utter nightmare? Tax increases and the reinstatement of the Glass-Steagall Act? If you open your door, you may hear my laughter echoing from the other side of the planet?

The problem facing America is beyond the Democrat-Republican voting paradigm. The obsession with political correctness and partisanship has restricted public discourse, and left the intelligentsia divided and cowardly. An unknown portion of them live in fear of character assassination, social ostracism, termination of employment, if they dare stray from the sanctioned and popular narrative propagated in the media, popular culture, universities, and government. The dumb majority are not capable of rational thought, and are defenseless against the fallacious rhetoric of their leaders. Is Bernie Sanders really seeking change, or merely rearranging the deck chairs on the titanic?

Your three branches of government are compromised. They are concerned solely with their career, and their contemporaries. Is it any wonder there are so many parasites sucking the life blood out of the USA? It is amazing it hasn’t collapsed already. I put this down to having the global reserve currency privilege, an expanding central bank balance sheet, and a population of despondent, docile, apathetic, indifferent, corrupt, celebrity worshiping imbeciles, still unaware of the crisis they are in. If people are not interested in educating themselves, if they refrain from challenging their abilities to critically think and analyze the fallacious rhetoric of their democratically elected leaders, then parasitic rent-seeking elites will continue to wield disproportionate influence on legislation, and finance both sides. Imagine if Greece had the world reserve currency and their own central bank free to expand its balance sheet like the Federal Reserve does?

How are these S&P500 companies borrowing the credit to buy back their stocks? Has it anything to do with the Federal Reserve and its interest rates? Like the PBOC in China, the central banks are fighting the market to keep the ponzi scheme afloat. The BOJ is the main purchaser of Japanese treasuries. The FED may purchase debt securities, mortgage backed securities, it may participate in the naked shorting of the gold futures via proxies in JPM. Is anyone still in denial that we have allowed financial cartels to dominate and enact such ruinous policies. We are being extracted. Power and control isn’t Republican or Democrat, it is above politics.

Since the dumb majority are content to distract themselves with television, sport, alcohol, or whatever, and the intelligentsia have lost their balls in the guillotine of political correctness, is it wrong that I have decided to take pleasure from watching the show come crashing down, and the pursuant nightmare that will follow? Humans aren’t that great at identifying slow-moving disasters, it needs to be fast moving and direct.

Which populist demagogue will be elected next?