Obfuscation, lies and propaganda.

There was a period of time when I first started writing about the economy (and the con men who control it) that I wondered if I was having some sort of mid life crisis.  It had become clear to me that something was very wrong with the way things were working but I didn't know enough back then to state exactly what it was.  I could quote some of the symptoms but I really didn't understand the root cause.  What I saw looked exactly like a scam - something right out of a not yet made sequel to Robert Redford's, "The Sting".  For the longest time I just had to live like that, never really sure or not if I was prescient and insightful or paranoid and crazy.  The first time that I knew, 100% sure, not a single doubt in my mind that I had been right all along was when Alan Greenspan retired and began hawking his book which predicted the problems we are really just beginning to experience now.  In his own little elitist sing-song voice he admitted that his testimonies to congress were done in "Fed Speak" which he described as a language of purposeful obfuscation.  In other words, he admitted to bull$hitting congress.  Not only did he admit to it, he was clearly proud of it.

Well, if Greenspan was so bold as to basically baffle our congressional leaders with BS then it meant he had something to hide.  In fact, it was clear evidence that the whole economic system is a big scam which is run by and for the benefit of those who understand the con.  Greenspan would not have had trouble using plain English and straight talk if he could just tell the truth about an honest system that was having problems.  But since we have a dishonest system which must eventually collapse under the weight of its own dishonest corruption then his only option, given that he already chosen to betray the people of the United States at the highest level, was to Obfuscate, Lie and spread Propaganda.

Of course, the US government and its many agents are not alone in this.  In fact all major governments have the same problems but to differing degrees because they all have fiat currency and fractional reserve banking.  Not long ago the head of the Euroscam admitted that lying is the only strategy when the wheels are falling off of the con.  Of course he didn't say it just like that but he did say that he had to lie to the people for the good of the people.  Talk about your slippery slope of morality and honesty.  

Once government accepts and embraces the philosophy of screwing the people for their own good then the sky is the limit as to what they can get away with.  If your food and water were contaminated but government was worried that telling the truth might cause mass panic, all they have to do is tell you it's safe to eat and drink while they themselves take protective precautions.  Or maybe an asteriod is going to hit the Earth and they say nothing while they dig their underground shelters.  These are extreme examples but they are entirely in line with reality in the new decision making process.  The moral component of the decision is eliminated under the pretext that it will cause more problems for people to know the truth and to have a chance to defend themselves than to just lie about anything for any reason.  Of course, the real reason to lie to the people is not for the sake of the people but rather for the sake of the con men in charge.  If people know the truth then con men get chased out of town with pitchforks and some of them end up facing civil and even criminal charges.  In like fashion, France and Germany want to bail out the rest of the PIIGS not for the sake of the PIIGS but rather because they fear that a domino of defaults will result in their own default.

Unfortunately for the con men, organized crime rings are generally brought down from within, not from external forces.  The con men and criminals take to infighting about who owns the right to fleece the people.  The numbers of con men grow and grow until there is not enough fat on the sheeple to feed all the wolves and then the wolves start infighting.  Eventually some of them start telling on the other ones and the whole thing unravels.

Which brings me to the current state of things with Ireland.  Ireland is bankrupt and no amount of additional loans are going to change that.  Moody's credit rating service took some very hard hits for its part in the criminal housing bubble that the US is still reeling from.  As a result, Moody's credibility took a monster fall right along with the value of its stock.  That public undressing left Moody's with only two choices: continue lying about the state of the scam and then be liable to take the fall again when it all collapses even worse next time or start telling the truth, effectively ratting out the other con men just like a mob soldier rats out his good fellows when the pinch is on.  Needless to say, Moody's is now ratting everyone out.  Euroland con men wanted to put a gag order on the credit worthlessness of the dying PIIGS but Moody's is not having any of it and is singing like a bird about just how worthless the sovereign debts of the PIIGS really are.  The Euroscam response?  Create a new puppet ratings agency for the EU that will spew whatever propaganda that the overlords want spewed. 

Yep.  If you don't like the rules, just change them.  Rule of law is dying a slow, painful death in the world and is rapidly being replaced by rule by con men advocating short term, short sighted "solutions".  The longer that we, the global citizens of this planet put up with this crap, the worse it is all going to be when it collapses.