Thursday, February 24, 2011

Everyone plans on fighting until the end.

It's pretty clear from global action that the Grand Debt Ponzi is rolling over.  That, folks, will likely include the eventual collapse of the completely artificial stock market rally that began in March 2009.  Everything that was artificially put into place using the income provided by the debt Ponzi will now, in time, evaporate back to whence it came.  Tunisia's president Ben Ali held out as long as he could.  So did Egypt's Mubarak.  Now Gadhafi is planning to hang on until his last drop of blood is spilt.  I can only wish him the speedy attainment of his goals. 

Here in the U.S. we see Wisconsin public workers hanging on as long as they can.  Soon it will be California teachers pension folks up in arms because it is already insolvent and the New York pension system isn't far behind.  NPR aficionados want that program to remain and the Planned Parenthood crowd is all riled up about proposed de-funding.  In a sign of the times, just last year an official with the New Jersey Teacher's Union has prayed for the death of N.J. Governor Christie for his moves to cut their funding.

The signs are all around us.  The first reaction by those affected is "What, me?  Why do they have to get rid of [me / unkeepable promises made to me / my pet feel good government funded project ]?".  Nobody bothers to ask two very important questions:
  1. Where does the money come from to pay for these things?
  2. If that magical money source is running dry then how can the above things continue to be paid for?
It would be nice if everyone would just figure out that we have all been conned, make the required adjustments, and get on with our lives.  Unfortunately, people don't understand that we have ALL been conned by the scam of fiat currency and fractional reserve banking.  Instead, "victims" believe it is "the other side" executing some evil plan to rip them off, etc.  Does my down play of this mean I don't think the left and the right plot against each other?  Of course I do!  But those plots have been ongoing for decades and none of them have gotten us to this point.  Besides, both left and right are getting whacked.  People are at each other's throats in a big way around the globe and it will very likely become violent here in the U.S. at some point.

Getting mad at fellow citizens about this is akin to one victim of the Madoff Ponzi getting mad at another one of the victims.  Sure the GOPs gladly funded preemptive strike wars to nowhere.   And yes, the Dems gladly funded countless social programs which basically teach people to be dependent.  And both sides have bailed out the banks big time.  The problem is that we have all been conned and we don't want to admit it.  Why?  Because that would imply some degree of greed and complicity by the "victims" who of course are pure as the driven snow. 

Huh?  Now I'm saying that the "victim" of a con is himself partially to blame?  Absolutely!  That's why I keep putting "victim" in quotes so annoyingly.  The correct term for the person who gets fleeced by a con is "patsy".   Confidence games get their names from the fact that they cannot work without gaining the confidence of the patsies.  A con man accomplishes this goal by playing on the greed of the patsies.  They convince them that they will receive something for nothing or at least a reward which is far greater than what their participation was worth.  The patsies look at the whole thing and realize something is wrong but they don't stop to ask questions because they want the items that are being promised.  They want to believe that they are worth all these luxuries even while many people in the world die each day for lack of clean water to drink.  People allow themselves to be conned.  They never stop to think about what they will do if the promised item does not even exist.  They block that possibility out.

When a Ponzi is in the collapse stages, protest is a waste of time because you can't squeeze blood out of a turnip.  There is no gold at the end of the rainbow so rant about it to the leprechaun all day long and it wont make a stitch of difference.  Folks, we have been enjoying a great quality of life based on the accumulation of debt and now it is becoming clear that we have overspent the credit card.  People who used to not worry about it are now worried about it.  It makes no sense to continue racking up more debt so that we can fund banking bailouts, wars to nowhere and, sorry to say, lifetime pay and benefits for public workers when private sector folks get none of it. 

Everything should be cut including NPR, Planned Parenthood and every other something for nothing program.  Why?  Because there is no money to pay for it!  Stop ranting about the social need for someone else to pay for these things.  If certain groups of people want them so badly let them fund them privately.  But don't continue stealing from our children to pay for these social luxuries.

Unfortunately, the current tone suggests that everyone is planning on fighting about everything until the end.
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