New mantra of a conservative popluation: "Name the names".

When liberalism was growing, crimes would be committed at all levels: personal, government, corporate, religious, you name it.  In some cases punishment was meted out in the form of forced resignations, fines without admission of guilt, being allowed to retire with pension, etc. but rarely did it involve a complete public dressing down or worse yet, prison for the offending elite.   Prison and hard justice was for the people, not the elite.

But we now see this changing and as you can read at links like this one, the elite running our government, our corporations and our highest academic centers are no longer being given this free pass.  We are all used to bankers and banks and corporations getting fines for crimes but always without the apology or jail time or other admissions or proclamations of guilt.  Those days are ending now, not because the elite want them to but because their power source, which was economic growth on the back of credit growth, is now up against the law of diminishing returns.  Soon, more credit growth will produce net negative returns and people will finally realize the truth of Austrian economic math: you cannot have sustainable growth based on debt.

Jim Rickards provides the clear data behind the this claim that Keynes was a liar and a con man in his position that debt=growth.  Rickards writes (quote is in blue below):

Debt can no longer be used to artificially grow our economy.

During the boom years of the 1950s and 1960s, every dollar of debt that was created, we got $2.41 worth of economic growth.

So that was pretty good bang for the buck.

But by the "stagflation" of the late 1970s that relationship had actually collapsed.

So now for a dollar of debt in the late 1970s, we were only getting $.41 in growth, so, obviously, that's a huge drop-off.

You know what that number is today? Today, we only get $.03 in growth for every $1 of debt.

So we're piling on the debt, but we're getting less and less growth.

As the trend goes from $2.41 to $.41 to $.03…

It's soon going to go negative.

This is a signal of a complex system about to collapse.

We are probably already at negative economic growth relative to debt increases yet still we are piling on the debt and we will not stop until math stops us.  In other words, higher interest rates will stop and reverse it and, according to my models (here, here and here), interest rates are now in the early stages of a 3rd wave up even though top economic people are saying "low interest rates are required" or "low interest rates will remain into the foreseeable future".  These people say these things because, being economically infected with Keynesianism, they actually believe that the federal reserve is omnipotent and omniscient.  Of course, the federal reserve is neither; it is just a grand show, a con game and when it collapses it will do so rather quickly and the the great surprise of people that don't really know anything despite holding loft positions of economic exaltation.

• Side note: While I have known it to be true for a long time (as well as WHY it is true), I have only recently begun to report recently on the pedophilic aspect of the elite.  I pick this time for good reason to begin to disclose the truths that I know.  Today's installment of this truth is that John Meynards Keynes was apparently a homosexual pedophile according to his own notes.  Why is it that such a recurring theme with these people?  Hint: not a coincidence.  Expect the pedophile charges against famous people to come falling out of the closet as part of the skeleton avalanche that I promise you is coming in conjunction with collapse of the global debt Ponzi.  They are closely related folks.

The first link I provided above was to the web site of Michael Quinn Sullivan, a modern conservative crusader against all the liberal ills in Texas (and there are many given that Austin is the capital).  While his is a small effort in the swing back toward conservatism, the title of his post was so exactly perfect as to capture the mood of the people.  Whereby the old mantra was "go along to get along", the new mantras will be "name the names" and "heads must roll".  No more hand slaps, no more anonymous settlements where no guilt is admitted, etc.  The liberal concept of grey area morality is fading as we return to the conservative concepts of right and wrong.  Keep looking at the headlines and see if you don't see more and more of this theme showing up, probably at an accelerating rate into 2015.

The power of fake money and the magick words of its proponents (aka sophistry) are having an exponentially decreasing effect on the herd.  This decrease is in locked step with the perceived loss of prosperity that the herd had been enjoying during the growth years of the debt Ponzi as crumbs fell from the elite table to sprinkle down upon the middle class.  The crumbs have all but vaporized now and so the herd is asking, as herds always do, what have you done for me lately, dear leaders?  But since the con men only had one trick - debt inflation - and since that is ultimately a game of diminishing returns (an outcome enforced by math), the con men have nothing left to offer and the collapse of their power is all that remains.