Liberal Bill Cosby is going down in flames...

Why does none of this surprise me AT ALL?  Why is it happening now and not before?  As I have written would be the case, the herd puts up with a lot of stuff when times are good but when the need for structural reform is broadly sensed (i.e. the rank and file have gotten screwed into the ground by the con men), the herd stops being a bunch of cow eyed losers and they start sounding more like focused wolves.  In truth, the herd is not stupid, just easily distracted with bread and circuses.

That is, until it's time for the knife party, right Caesar?

Here is what I know that few other seem to: a deflationary crash will mainly be bad for the elite.  The higher up you were pushed for doing less and less real productive work while the debt Ponzi built, the further you will fall when the Ponzi goes into collapse mode.  Why?  Because credit and debt are a naked short sale on labor.  This is economic fact even if you never read it in a Keynesian text book.  Why would they out themselves as liars and con men?  Of course their world view is what it is even though it never worked (ever) in history on a sustainable basis. 

The elite have a lot of fake paper wealth which is only real if they cash out (and few will do that because they believe in the scam of a system).  Do you think that people who do productive work all day with their hands and who are not afraid of or unaccustomed to hard labor will starve in a deflationary crash?  Think again!  The truth is that their stock will go up.  This is the big lie we are told.  We are supposed to believe that if we let big corporations, big banks and big elite collapse of their own corrupt weight (instead of bailing them out of their excesses) that there will be more damage to the middle and poor classes than everyone else.  Well, some will get screwed for sure because they live hand to mouth.  But most will just grow their own food and cooperate with each other to survive.  And their lives will probably be better than they were when they labored under the forced slave system of a dishonest money supply.

In any case, expect more an more skeletons to come tumbling out of liberal closets (whether they call themselves dem or GOP) in the coming years.  Those who were lifted to the top by the Ponzi scheme will get screwed as the tide goes out.  The most indebted in our country are NOT the poor workers but rather the seemingly rich elite.  Take the Kilcher clan who live off the land in Alaska.  Do you really think Jewel's family is going to notice one way or the other what happens to financial markets?