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Economics 101
Economics 101
<=
/p>
While the state me=
dia swoons
over the Obama and spends evenings painting their toenails, hovering by the
phone, in the hope that Barry will invite them to the prom; the Bamster is
whipping this economy like the family pig. If Obama was intentionally tryin=
g to
destroy the American economy, “just for kicks” his economic pol=
icy
positions postulated and paraded by little Timmy Geithner would look striki=
ngly
similar to the fiduciary fiasco foisted fanatically upon the fleeced fawning
fools that we mistakenly federate into the voting populace. Come to think of
it…
This isn’t
checkers folks; it’s chess played on extra=
polated
levels. And Obama’s first moves have been to sacrifice us pawns. But,=
the
purpose of this instructional video isn’t to simply trash Obama; thou=
gh he
is a target rich environment.
No sir; this is
economics, right here in River city. It starts with an E that rhymes with B=
and
that stands for Bamster. Sorry, author synaptic neurons firing
indiscriminately. It happens…
Alright; let’=
;s
boat this bass. There are two schools of economic prognostication. That bei=
ng,
market economists, “those evil Wall Street Goodfellas” and poli=
cy
wonk fiscal futless professors who wouldn’t be seen without their pri=
zed
tweed jacket with a hint of leather on their elbows; and don’t forget=
the
trademark pipe… just for effect.
Sadly; neither gro=
up
understands the method or madness of the other. For those in my vast and ev=
er
growing audience that actually wear a helmet, ride the short bus and vote
Obamalama it’s this simple, the markets don’t understand the
economy and the economy cabal understand not the markets and their workings=
. This
is why those of you basking in my brilliance need drop to your knees and th=
ank
God you have access to my intelligence and unique cerebellum. Can I haaaave=
an
Amen? By the way; thanks for taking time out of your busy computer porn
schedule to actually read something.
Let’s get to=
it
and start with the markets. The state media is wetting themselves trying to
convince us dolts that by simply having Obama rest his head on a pillow
situated at 1600 Pennsylvania avenue the markets have snapped too and
it’s sunshine and lollipops from here on out. They point to such
indicators as rising oil prices, increased home sales, a rising Dow and odd=
ly
enough lowering unemployment conjoined with a jump in consumer confidence. =
Though in reality,=
not
perception, these nuggets of gold intermeshed in the muck and mire are a fo=
ols
gold indeed. Actually; if you scored greater than 700 on your SAT’s a=
nd
possess a double digit I.Q. these offers of media bias are more than insult=
ing.
The dollar is tanking, oil is traded for dollars…junk dollars require
more of them for oil that is, black gold, Texas tea. Barry, Timmy Geithner and L=
assie
are printing dollars on everything from paper to Charmin three ply and
destroying its worth. Obama is treating the dollar like a baby treats a dia=
per.
Of course home sal=
es are
increasing; at fire sale costs. The bulk of these purchases are at foreclos=
ure
auctions; the housing crisis brought to us by Barney Frank, Chris Dodd ET. =
Al.
has now leeched into prime borrowers… One in eight prime mortgage hol=
ders
is either hopelessly deficit in their home payments or in default.
The peaks and vall=
eys of
the Dow are simply the aestivations of a bear market. Markets are respondin=
g to
news; ignoring the traditional barometer of earnings. And…this is
important; investors aren’t buying this market. It’s the fast m=
oney
players, the traders, the in and out guys. If you have any doubt look at the
short term bond market compared to the ten year bond. Investors aren’t
betting long on Amer=
ica.
The media touted a
17,000 aggregate improvement in first time jobless claims. So, instead of
losing 617,000 jobs a month we are only shedding a measly 600,000. No matter
that the government added twenty thousand new autocrats to our bloated
government bureaucracy. The stark reality is that this country is hemorrhag=
ing
jobs at an alarming rate. Look past the lipstick, it’s still a pig.
The consumer confi=
dence
numbers are quite easily explained. The media trashed the economy for six y=
ears
prior to the coronation of King Barry and helped push it over the jagged cl=
iff.
Now they tout it as the second coming and have influenced public opinion. A=
ll
to get Barry to notice them and hope against hope…blow them a kiss.
Now bear near and =
draw
close for fiscal GDP economics is different yet the same. What we’ve =
got
here is a failure to communicate…with common sense and cents patriot
demographics. What the Bamster, little Timmy and Gentle Ben Bernanke are doing reminds me of that movie, “It’s =
a mad,
mad, mad World”. The Treasury is selling Americas debt by issuing T-B=
ills
which is being bought by the Federal Reserve… printing money that has=
a
lessening value with each pass of the presses. In technical terms this is
called monetizing our debt. In common terms this is called confiscatory tax=
es
on wealth that has yet to be created by people yet to be born. It is
unsustainable.
We should also be
mindful of an entitlement, “gimme…gimme” that will be
insolvent and topping $57 TRILLION dollars jiffy quick; just as soon as the
baby boomers un-yoke and hit the recliner. Well…along with the slacke=
rs
riding in the wagon while us buck-ups, “can do’s” have be=
en
putting our noses to the grindstone and thus supporting these slothful, lee=
ches
who are most aptly described as the barnacles on our behind.
The portrait the m=
edia
is painting is watercolor and it’s beginning to rain. I don’t m=
ean
to alarm anyone but you might want to keep your pets indoors. After all;
you’re going to need them for food. I’m just saying…=