Nathan Jessup Never Had It So Good
The Nattering One muses...
This weeks scam du jour was to relax the mark to market asset valuations for the banks...
so they could puff up the numbers and cook the books some more in the Fed's massive ponzi scheme
Ebullient and idiotic investors pumped up the dead man walking called the stock market...
once again proving they are in denial and would rather be lied to, than told the truth.
Col. Nathan Jessup never had it so good. "You want the truth? You can't handle the truth."
As stated before, nothing and no one stops this trainwreck until these two things occur...
housing prices return to 3.5X average household wages.
5 million durable economic activity jobs are repatriated from globalized outsourcing.
We repeat, you can tell all the lies you want, print all the money you want, sweep all the bad debt under the rug you want...
bail out all you want and DENY and PRETEND all you want, it will NEVER change the facts regarding this systemic collapse.
The Democrats are proving that they, much like the Republicans, who got us into this mess, are equally worthless greedy pigs.
These fat whores on the hill and their lobbyist masters need to be collectively drawn and quartered.
The total job-loss figure over the last 15 months is now 5.13 million. Six more months of 750K US job losses should do the trick.
With advertised unemployment over 11%, tea parties will start turning ugly.
And maybe, some men of substance, rather than means, can rise to the occasion.
Its time to stop asking nicely and talking, and start taking control and acting swiftly.
This weeks scam du jour was to relax the mark to market asset valuations for the banks...
so they could puff up the numbers and cook the books some more in the Fed's massive ponzi scheme
Ebullient and idiotic investors pumped up the dead man walking called the stock market...
once again proving they are in denial and would rather be lied to, than told the truth.
Col. Nathan Jessup never had it so good. "You want the truth? You can't handle the truth."
As stated before, nothing and no one stops this trainwreck until these two things occur...
housing prices return to 3.5X average household wages.
5 million durable economic activity jobs are repatriated from globalized outsourcing.
We repeat, you can tell all the lies you want, print all the money you want, sweep all the bad debt under the rug you want...
bail out all you want and DENY and PRETEND all you want, it will NEVER change the facts regarding this systemic collapse.
The Democrats are proving that they, much like the Republicans, who got us into this mess, are equally worthless greedy pigs.
These fat whores on the hill and their lobbyist masters need to be collectively drawn and quartered.
The total job-loss figure over the last 15 months is now 5.13 million. Six more months of 750K US job losses should do the trick.
With advertised unemployment over 11%, tea parties will start turning ugly.
And maybe, some men of substance, rather than means, can rise to the occasion.
Its time to stop asking nicely and talking, and start taking control and acting swiftly.
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