Greetings my beloved, I was going to say fucked instead of screwed but then I thought potty mouth, anyway it’s only a word but the verb holds true to reality and man we are truly if not really fucked.

The country is so broke that if it was a person they would have to invent a new chapter of the bankruptcy code to deal with this new form of being broke. It’s like broke with a capital T to the power of a big number.

So he who must be obeyed Change we can Believe in Obama decides hey guys I have a really neat idea lets cut Pell grants and WIC and see what happens.

For those of you who just woke up a pell grant is an educational grant to low income people, wic or women, infants and children is nutritional monetary aid paid to women with children who fall below the poverty guidelines.

I see someone with more money than sense just paid Sterling 10.8 million for a self portrait of Andy Warhol. That is like $17.44 million that someone had just lying around waiting for the rainy day when a 44 year old painting came to market.

Do you know why a painting sells for $17.44 million, you don’t and to think someone spent all that money sending you to college.

Economics 101 or plain stupid common sense dictates that something is worth what someone is willing to pay. But the catch is that to be willing to pay $17.44 million for a painting to hang on a wall someone had to have that $17.44 million that they really didn’t need.

They foreclosed on over 1 million US homes last year, 1 person at least lost a family home because they just didn’t have the money available to meet the mortgage loan repayment.

Do you know why mortgage payments are so high, because someone had money that they didn’t need just lying around and lent it to someone to buy a house that they couldn’t afford.

If there is no one to pay the asking price for a house the owner/seller has two choices, take it off the market or reduce the asking price to a level where there are buyers.

The reason for the sub prime crisis which totally messed up the world wasn’t that house prices rose out of control creating a bubble of mammoth proportion, nor was it that people bought houses that they couldn’t afford.

The reason was simply the availability of cheap money.

It appears that the nature of capitalism is inflation. We live in a let’s make some money society and I am not talking about a person or business making money, rather I am talking of the magic trick of pulling large sums of money out of a hat.

Do you know that when you take out a home loan for say $100K that the instant you sign the note the money appears.

The ledger balance created by the note creates the $100K. Do you fully understand that prior to you going to the attorney’s office and signing the closing papers the $100K that you are borrowing does not exist. It is the act of you signing the note that creates the money you are borrowing.

It is the interest attached to the loan that makes the world according to capitalism go round and the fact that you have inflated the economy by the amount of the loan is swept under the rug.

When the mole hill that is constantly being swept under the rug becomes a mountain the bubble bursts and the fan implodes in on itself.

What Wall Street calls a recession is actually a correction, the economy overburdened by the rising tide of an inflation that does not rise all ships equally needs to find equilibrium.

Or when people can’t afford to live in the economy which they form the economy must adjust to accommodate them, after all they are actually the economy.

The 500K dream house was really only worth 100K and the fool who bought it was watching Jersey Shore when he should have been doing an income/expenses exercise.

The mortgage broker, the realtor, the closing attorney, the lender and the seller only get paid when the loan closes and guess what, it is a let’s make some money world.

As someone of note once said there’s one born every minute-Sucker!

It appears it is the reason and purpose of the common man/woman to work their fingers to the bone so those who are privy to the alchemy of turning paper into money can live in luxury.

The house of Red Shield controls the worlds money supply, in and by that action they control the world, which inadvertently turns out to mean that they control you.

You are a mere resource, your reason is to serve your betters!

The fools in Egypt think they have won a victory, they will merely serve a new overseer who will still answers to the real MONEY!

You do know what happens to apples when there are perfect growing conditions and the harvest is excellent. The market price drops. Top quality apples in abundance and nobody wants most of them.

There is an inverse relationship between supply and demand. When there is a surplus demand drops and with it prices plummet south, however when there is insufficient quantity to meet market needs demand rises and with it prices.

This inverse relationship between supply, demand and market price holds for all commodities and resources from pork bellies to tea.

Most people mistakenly believe that they have never traded a commodity, this is because we as people don’t view people as a commodity.

Regardless of how you see yourself the reality of the economies of the West is that people are a resource and are treated no differently than pork bellies.

When demand is high prices are high when demand slips prices fall, sometimes the level of demand for the human resource is so low that there are no bidders/buyers and the resource goes unused or unwanted commonly refereed to as unemployment.

With the economies of the world slowly merging into one vast global economy containing billions of people all vying for a limited quantity of jobs the smart money is on the value added method.

Too many apples then make cider or toffee apples, too many people than offer something that is not being offered by the vast herd.

How do you add value to a person, the simple answer is knowledge, not necessarily education but the ability to do something that not everyone is able to do.

The route to setting yourself apart from the crowd begins with education, the very best education you can afford. The sad reality of corporate life is that there is a huge advantage attached to a tag like Harvard or Yale even for lesser candidates.

When you have landed a job try to remember that you are not working for money but rather you have committed yourself to carry out some task to the ultimate of your abilities.

The vast, vast majority of people work for money, their only reason for rising in the morning and going to work is a paycheck. These people to use a race horse analogy are the “also rans” of life.

The winners in the game of life are always those who do something for the achievement of that something, money is merely a reward that must follow achievement, it has no choice, for that is the way of the universe.

A rose does not bloom to be admired or loved, it blooms because it is it’s nature.

What is your nature, follow your heart and you will find your reward! This is the best way to set yourself apart.

Or!!!How inflation saved capitalism!

The basic tenet of capitalism is that a person or entity has the right to as much wealth as they can legitimately gather, however as legitimacy is decided by law and law is written by power and power is the domain of wealth then the legitimacy quotient of the tenet as much wealth as one can “legitimately” gather is non applicable.

If it is not patiently obvious to you that laws are written from the perspective of wealth and designed to control the poor then perhaps you need to reexamine your perspective of the justice system.

If absolute wealth is a principle and possibility of capitalism then absolute poverty must also be a principle and possibility.

If there are 10 slices in a pie and one person lays claim to 9 then the rest of the party goers must make do with sharing 1 slice. However people being people, there is sure to be the one person who wants most of this one slice for him/herself. In the end most of the party goers end up fighting over the crumbs that have fallen onto the floor.

This type of party invariably ends up with Marie Antoinette losing her head.

And if there is one thing the rich people hate more than poverty it is losing their heads. So a solution had to be found to the perplexing problem of poor people being unhappy with the ever decreasing supply of crumbs.

So as a stop gap measure to declining resources in Europe colonization was invented. This was a neat way of stealing the resources of other people who could be easily dominated, this increased the size of the pie for a time until the dominated colonial people had enough and cried stop.

A new way had to be found to enable some people to be incredibly wealthy and still keep their heads attached to their bodies and in the end the solution was simple, “inflation”.

Inflate the pie into infinity slices. Now while the Earths resources may be limited, the actual concept of money is limitless, after all there is infinity numbers and all money actually is, is numbers.

Long ago before investment bankers where sophisticated (cunning) money had a standard. This meant that to print money a reserve in gold or silver was needed. This little inconvenience severely restricted the available supply of money within an economy restricting the size of the pie.

Merely by removing the standard and not requiring a reserve of gold or silver to back up currency changed everything.

Now when there is a shortage of resources we merely print more money backed by nothing except a bond which is a piece of paper promising to repay. Once there is a bond to match it, money can be printed with abandon.

The one fault in this brilliant trick is that having so much money available tends to inflate prices. Houses that used to be worth $1000 are now selling for millions.

However without inflation which provides the “pie with infinity slices” capitalism would not be a possibility.

Long periods of unrestrained inflation are called “booms”.

History has shown that all, repeat all booms eventually “burst”.

In reality what happens is that inflation does not inflate all sectors of the economy equally and every once in a while a correction is required. This period of correction is called a recession and is usually the result of people who thought they had a crumb coming to terms with the stark reality of their pie-less situation.

How to Fix the Economy

Is there an elephant in the room or better yet in the economy?

It is 21 months since Lehman Brothers failed emitting shock waves that rocked the economies of the world to their very core, the housing market collapsed, foreclosure became an everyday ordinary event, the money supply dried up and jobless figures soared upwards.

Countless commentators babble on about the reasons and legislators formulate countless bills to ensure that the events of September 2008 will never occur again.

And I just woke up and a question keeps rattling around in my head. What exactly was/is the problem? What exactly caused the economic collapse that we are now suffering through?

Ask anyone you know what caused the economic collapse and you will get as many answers as people asked. The truth is that no one knows what caused the economy to collapse. One day everything was fine, the banks where lending, jobs where available, houses prices where high, confidence was abundant and the next day Mount Vesuvius erupted on wall Street and the rest is like Lehman Brothers is as they say history.

So what exactly happened to bring about the economic meltdown was it really sub prime lending or is that way too simple a hook to hang the blame on.

Is it possible that the problem is the system itself?

Is it possible that a natural function of our financial system is meltdown?

Is it really possible that most people are supposed to lose their shirt every ten to fifteen years so that the aristocracy of the finalcal universe can harvest what sowed?

The large pink elephant in your living room that won’t go away is there because you want to believe any old junk that suits you and deny the realities that are jumping screaming right before your eyes.

It’s the economy stupid.

So the banks are too big to fail and George Bush speaks reality into existence.

Imagine just for a moment what would happen if all the banks and Wall Street vanished right now. Everyone would still be breathing oxygen, everyone who didn’t from panic that is. And if everyone decided to go on as before everything would go on as before with the exception of financial institutions.

The government who prints the money could control it and dish it out as it saw fit. I mean who do we need banks in the first place? Oh! You don’t know. We need banks because rich people need somewhere safe to store their cash and because banks are a great way of enslaving the vast hordes under mountains of debt.

The system didn’t fail in September 2008; it did exactly what it is supposed to do. The system isn’t broken it is operating at optimum performance. This is as good as it gets.

The 10% unemployment rate for the nation when examined closely holds an almost 40% blue collar factor. This recession like all recessions is a poor mans recession. It’s the Status Quo baby. Poor people are supposed to be poor and rich folk are supposed to get richer at their expense. And man is this system working just exactly as it was meant to work.

The elephant in the room is there to tell you that you are one stupid mother. The elephant in the room is there to tell you that the system isn’t broken and doesn’t need fixing. The elephant in the room is there to tell you that all the kings’ horses and all the kings’ men are telling you what you need to hear to keep you from waking up to the realities of capitalism.

Before you burst a blood vessel, no I am not a commie; however I have been known to look at the world without the blindfold of sacred cows that the masses wear.

Socialism is supposed to be a societal system with people as it basis. I say “supposed” because socialism in practice has turned out to be nothing more than oppressive monarchy. This is not socialisms fault this is merely opportunistic men at work. All law in a socialist society should be formulated for the protection of people.

Capitalism is a societal system with money as its basis. All law in a capitalistic society is formulated for the protection of money.

Within a capitalistic society people are viewed as a resource for the creation of wealth.

However there is a need to keep the unruly masses under control while they are worked to the bone for the good of their betters, so they are fed garbage like liberty, morality, religion and patriotism.

There is nothing like a conscience to control a man.

There is nothing like conditioning to control a conscience.

There is nothing like money to control conditioning.

So your homework for tonight is to turn off the TV, radio and any other source of garbage that is telling you what your betters want you to believe and examine the evidence that the elephant has assembled for your perusal.

Of course you could decide that it is easier to do nothing and bitch.