Fed Reveals New Concerns About Long-Term U.S. Slowdown – Bloomberg news: this story shows how deliberate stupidity runs things in the US. We just witnessed a witless howl fest over the Chinese comment about ‘American Exceptionalism’ noting that the US is in decline. The US decline is obvious and easily seen. The Federal Reserve has many graphs detailing our collapse and yet the heads of this operation can’t understand why things are going bad even as programs they promote or admire are the direct causes of this collapse!
Yellen will be the next clueless genius to mess around with our monetary system. She believes this can be fixed with an ‘open purse’ for the elite bankers who caused our present woes. Then, the money will fly out of the assess of the bankers and fertilize our economic system which doesn’t need money but needs desperately for some sort of protection from predatory trade losses.
Banks Have Received $2.3 Trillion In Quantitative Easing But Are Lending Less To Small Businesses And Consumers Than Before The Financial Crisis, So Why Not Try Peer-To-Peer Lending? is one woeful news story which should have us all laughing sardonically. The article notes that yes, you CAN get loans but at 6-30% interest rates. Which is approximately the rates we had during the ‘stagflation’ seventies, right?
Meanwhile, the Big Bankers get these 0% loans from the Fed Reserve to play commodity trade games which caused a lot of inflation for the rest of us. Inflation in luxury goods and exclusive real estate has been quite high during this ZIRP regime, too. But mentioning this in public means that Occupy Wall Street was right and Bloomberg and the Fed Reserve and Wall Street bankers were wrong. And they are wrong, of course.
Former Romney adviser: Minimum wage hike denies ‘opportunity’ for ‘bottom rung of the economic ladder’ shows us how the offshore banker who lost the last election is a horrible person and now the GOP leaders want Christie, a Goldman Sachs banker, to run for them and do the same junk. Next, they will say in the Deep South that slavery is a ladder up, too.
British man accidentally dumps $7.5 million Bitcoin fortune is another curious story that illustrates the hazards of collecting worthless junk. It is like ‘a rat invaded the closet where some precious tulip bulbs were stored’ sort of story. Enthusiasts can drive up the value of anything including really awful ‘modern art’ paintings. The sky is always the limit but these things depend entirely on markets to exist to survive. Anything is ‘money’ IF YOU SELL IT FOR MONEY. That doesn’t make it ‘money’.
The government is seeking to make this silly computer game into money to regulate it because it is a huge area of fraud, deceit and silliness but then…SO IS THE FED RESERVE. Of course. Once upon a time, our money was connected to something physical which prevented it from being printed like Weimar paper money and it prevented trade deficits. Since Nixon, this has been eliminated and replaced with wild printing, shipping much of our sovereign wealth overseas, warmongering while not taxing for wars and other odious things.
Here is another ‘genius’ who can’t figure out the obvious and who also, like most of these jerks, never mentions the trade deficit, sounding off at his perch at the Washington Post: Robert J. Samuelson: Times have changed, and our economic vocabulary can’t keep up. He thinks we should have this concept of ‘affluent deprivation’ which means, you got a TV and cell phone while living in a slum and this means you are ‘rich’ at least when compared to slaves or starving Bengalis, or whatever. Why, we have toilets and air conditioners! Ergo: why are all the lower classes whining so much?
Now onto international affairs. We are seeing oil prices beginning to drop as Iran says seeks stronger cooperation with Saudi Arabia – a story in The Globe and Mail overseas but not here. The Saudis have been dangerously exposed as double dealing on behalf of Zionists and are very troubled by this so I suspect they are toning down their anti-Muslim Shi’ite rhetoric.
Recent developments have created good opportunity for closer Iran-UAE ties: Rouhani – Tehran Times boasts which is another indication that starting this week, worried about their exposure, the Gulf royals are backtracking. This is probably causing the greatest concern for Netanyahu and Lieberman. So, to poke the Muslims in the eye, they are demolishing the homes of citizens of Israel who are Muslims and relocating them into ghettoes! This is causing riots across Israel as Lieberman announces that Israel is a Jews-only state so everyone should shut up and let the demolitions continue.
The US and our rep, Kerry, are silent about this and Obama dares to say nothing after being savaged by Zionist/AIPAC Democrats who are the ‘leaders’ of that party who, like the GOP leaders, doesn’t thing a thing about helping Americans first. So, the Saudis and Gulf lords have to turn towards Israel and say something critical. They don’t want to do this but if they don’t, they are exposed as fake Muslims and this is fatal over the long run. Speaking about fakes, the fake ‘liberals’ who were happy that the military, run on foreign funds and thus, a mercenary occupation force, are silent about this news: Fury in Egypt over harsh sentences who were sentenced to 11 years in prison for peacefully demonstrating against the coup.
Oh, where are the brave front cover photos of these young, innocent women? Nowhere to be seen in the US, not even on back pages anymore than US citizens killed by the IDF in Israel appear anywhere at all. The propaganda ploy of showing victims of Muslim religious fanatics suddenly ceases to see things if the victims are Muslims being abused by pro-Zionist puppet regimes.
And the news from Japan continues to show the collapse of democracy there as the imperial fascists strangle the public’s ability to know anything or protest anything: Japan: The new Uzbekistan of press freedom in Asia | The Japan Times: the debate over the bill to make any information leaks grounds for imprisonment like the young Muslim girl protestors or Snowden, was broadcast by NHK in Japan but when the cameras turned off, Abe’s gang suddenly passed the law which the public thought was still being debated. Then, one of the top LDP officials snarled that anyone protesting this new secrecy law is a ‘terrorist’ and thus, should go to prison like the young Muslim Egyptian female students.
Abe wants to revive the emperor worship and other features of pre-WWII Japan: Back to the future: Shinto’s growing influence in politics but this is being studiously ignored by the US State Department. The last WWII vets are dying and so it is time to forget how stupid it is to help Japanese imperialists. At least in England, one of the news sites is noticing this: Is Shinzo Abe’s ‘new nationalism’ a throwback to Japanese imperialism? | World news | theguardian.com.
Last of all is the news from the Vatican and its minions in the US: New York Cardinal Timothy Dolan says Catholic church is ‘caricatured as being anti-gay’ which is odd since they pride themselves on being totally, actively and viciously anti-gay as well as anti-women’s rights! Their god is this phobic creature which claims to be a male (I have yet to seen any reference to It as ‘It’ by the believers, after all). The Church’s knee-jerk hatred of gays and women is legendary as well as physically brutal and murderous. Far from whining about us pointing this out, the Church, like the Japanese government, must apologize over and over for centuries of persecution! And pay reparations, too.
Pope Francis ‘Evangelii Gaudium’ Calls For Renewal Of Roman Catholic Church, Attacks ‘Idolatry Of Money’ which takes us full circle here. No entity worshipped money more than the Papacy. And no entity hoarded it as much as well as building some of the world’s biggest and most expensive palaces. He calls on governments to provide healthcare especially for women having babies…while his Cardinal in NY screams that he wants to kill Obamacare because it helps women get contraceptives.
Also, this radical Pope snaps to us pesky females that making a woman a priest of pope is ‘out of the question’ due mainly to the fact that the homophobic asexual god that is called ‘He’ hates us all a great deal and thinks we are evil while He or rather It is very murderous (killed his own son! Note how ‘it’ has a child with a human female!) as well as vindictive and in particular, It also snarls that those of us who are having sex It hates to have, we will be sexually raped and abused and tortured forever. End of story.
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