The Uselessness of Politics

For a political athiest, I know that I have been posting a lot of articles about politics lately. Guess I am just trying to spread the gospel of common sense to anyone that will listen. Hey! Anyone out there?

Here's another guest commentary from over at Rick's Picks this week. I absolutely had to pass it on.

SOURCE Nothing will likely change our direction because too many people benefit from our corrupt and perverted system. Spare me the argument that it is not corrupt. The S&L crisis produced over a thousand jail sentences, and we haven’t even had an indictment. The S&L crisis cost $160 billion to repair. We passed the trillion mark a long time ago and are still speeding away. Sigh. The elite won’t allow justice because it would cost them dearly, and the poor won’t demand it because the elite keep providing promises for their silence.

Relief Thwarted

I am writing this prior to the elections. Maybe a majority of our new leadership will be spun from the Ron Paul bolt of cloth. Right. Even if fiscally conservative folks occupy more positions in Congress and Senate, all the other players are still in place, blocking their move. The ship is headed for an iceberg and no one can steer it away because there are so many hands holding the wheel.

The dollar is our Mussolini. And the dollar will be hung, upside down, drained of all. When that happens, all dollar-only denominated entitlements will be wiped out. Those juicy pensions, the ones that are so well marbled that they seem nearly too good to be true? Yeah, those will get neatly destroyed, too, with a hyperinflationary erasure. Every aspect of the economy that relies solely on the benefit of the fruits of fiat currency will be corrected. This includes many businesses, many that have miscalculated how dependent on the largesse they are. Government will have to shrink violently. There will be no money to pay for it, and the ruse of “we have to go deeper in debt to get out of debt” will be rejected.

And then the real drama will begin. A nation will be full of desperate folks and a very small percentage of the elite rich. A hobbled government eliminating services. I have no idea how that will turn out, but I don’t think it will be neat or tidy. I just hope the angry mob knows who to blame.

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