Your Economy (No Politics)

[Bullwinkle]

A review of one of many pieces I wrote under the category "Spin of the Day"...

This particular rant is from Mar'05 #msg-6069947

What we are witnessing is the forthright and calculated demise of the lower and middle classes in America. The people have been pandered to and are now being entrapped by what I would define as monetary enslavement. Although it has not yet taken effect, the new Bankruptcy bill which was passed this week on Capitol Hill is one of the many pieces of this puzzle recently put into place. It all started with our rights being invaded by the Patriot Act. Then good paying jobs and technology outsourced to foreign lands. Next border security dropped so that illegals can infiltrate our society and pick up the slack by filling in the minimum wage positions created in place of good paying jobs. Wages and hours worked are falling, pensions are being robbed, Social Security is on the chopping block and medical expenses are out of control. Then the agenda was pushed further along by the lure of easy money and then the so-called dream of an ownership society. The people have fallen for it hook, line and sinker (again). The only thing that has changed is that the echo bubble has taken on a new form and will be far more devastating. You think terrorism is a problem? We ain't seen nothing yet. We are looking into the eye of a storm which will bring prosperity to a very few at the expense of so many. Orwellian in nature and only imagined that it could be perpetrated by an enemy, yet it is happening before our very eyes. The wealth of a nation has been stolen and the final act is soon to begin. There is no time line for such events to unfold, but the writing is on the wall if one bothers to remove the rose colored shades. A wealth effect has been created where the lower to middle income have begun to prosper, although deeply in debted. You can take it to the bank that it will not be permitted to last for long. So many were devastated when the Tech bubble burst, I don’t think many (including myself) have any idea what the landscape will truly look like once the housing and derivative bubbles burst. The magnitude of pain that has been built into this equation does not even register on the meter. I can tell you this, that time is approaching. Why is it do you think that the Bankruptcy laws have been abruptly changed? It is a take no prisoners policy. There are two sets of rules, one for the “haves” and one for the “have nots”. Guess which category the majority of America falls under? These new Bankruptcy laws do NOT apply to companies or corporations as they do to the people. The house of cards has been stacked in such a way that when it falls many will be enslaved to the establishment. It is not just a coincidence that this law was changed after the huge reflation of bubbles. I guess too many fish must have got away after the first calamity called Y2K and this will not be tolerated this time around. If one is to believe that what has been happening is just a coincidence then many naïve individuals are in for a very rude awakening. I know this has the ambiance of gloom and doom and I am not telling you anything that you have not already heard infinitum, but most of the pieces of this puzzle are now in place. Rising rates and a threat of inflation will be used, yes that's right, used as a means to an end. Whether they exist or not does not really matter, only the bait and hook for a desired outcome is what matters. It would not surprise me if sometime in the near future interest rates on long and short term loans spike overnight. Step back for a moment and take it all in. It does not take a brilliant mind to see that this is not just some conspiracy theory. All you have to do is pay attention and connect the dots…

For those of you who recollect some of my rants, this one hits home (literally)...