Wednesday, August 08, 2007

Uncle "Scam"...and the Death of the Dollar...


























This picture says a lot...I fell asleep last night with the radio on and had some really fucked up, foreboding dreams while I slept...I guess it didn't help that I was reading that book Nemesis last night...when I rose, Thom Hartmann's show was in full swing and now I know why my skin was leaking in my slumber...this tune is fitting...




...in this hardwired age, the changes will be swifter than any
thing ever witnessed in ages past....I liken it to a description I used in another piece...during the Scooter Libby trials...

"...in the book the author likens Nemesis more along the lines of Brünnhilde who was featured in the epic poem Nibelungenlied (The Song of Nibelungs) and later in Wagner’s operatic adaptation Der Ring des Nibelungen ...as the book I’m reading points out , Nemesis is a lot like the fictional Norse queen who “collects heroes not fools and hypocrites…Brünnhilde’s way of announcing herself applies also to Nemesis: Nur Todgeweihten taugt mein Anblick (only the doomed see me)..."

We're going to be visited by our Nemesis (greed) from within because multi-nationals, unlike those in every other industrialized nation, no longer protects it's own nation's economy with tariffs-- a practice that really gained traction during the, "less government/ more privitization" voodoo economic influx that was the Reagan era and has grown into what we have now - loss of manufacturing jobs, the dollar in the toilet...a rising tide apparently does NOT lift all boats, not when most people are staying afloat in shoddy rafts while a select few look down from the heights of a Titanic-sized deck...and those who aren't on a raft are on inner tubes...or even worse, toiling away in steerage, like property...according to an article in Britain's Telegraph, that Hartmann pointed to, China's preparing to throw down the nuclear gauntlet...or making noises like they are

"Described as China's "nuclear option" in the state media, such action could trigger a dollar crash at a time when the US currency is breaking down through historic support levels."

...26 years of insane conservative, anti-government economic policy has shifted the US from the world's largest creditor to its biggest debtor...we've been sucked in like a bunch of crack whores forced to fiscally fellate the two largest holders of our rapidly deflating Bonds: China and Saudi Arabia...when we say nuclear holocaust, we tend to think of the literal image of a mushroom cloud...could the next one be a financial blow out? We're stretched so thin and perched precariously for some sort of fall, it seems, so in my mind's eye, it's only a matter of time before the other shoe falls...the recession is coming and it ain't going to be anything like the crash of '29...it'll be exponentially worse...so brace yourselves...

...Beijing may use its 1.3 trillion dollars of the Treasury Bills that we've sold to them, if we don't cotton to their whims...if they start dumping those bonds, those living in America will be truly chuffed...I'd love to ask an old German if what's going on here now is similar to what happened over there around 1916, when shite got chaotic and precipitated into The Weimar Republic ...we're already getting sold down the river by large multi-national corporations but are still told to keep buying up "stuff"..don't worry, etc...you see where I'm going with this, don't you?...

...I don't write this sort of stuff on here to invoke fear...I do it to make people think; look more closely at what's going on around them, because the handful of outlets running all of the media sources here, certainly aren't going to...it'd be counter-intuitive to their bottom-line, stock-prospectus-trumps-all visage on the way things work which doesn't bode well for the hundreds of millions of us who are being indoctrinated to believe that living in fear is just the way it is...it's not and don't you believe it for a second...still, we should all be reading books like Robyn Meredith's The Elephant and the Dragon: The Rise of India and China and What It Means for All of Us (cover below) to hold the picture of the forthcoming horror show in sharper relief...she was on Thom's show a couple of days ago...
















...I never said that you'd always like it when I pointed to the truth, I just said that I'd tell you...the fact of the matter is that we'd better stop tip toeing around the get accustomed to living with less, instead of beyond our means and think worldlier because as Bob Marley put it "when the rain falls, it won't fall on one man's house top...truly, "a rumor without humor"...but we'll all be in it together...believe it...some say it's too far gone and that very well may be the bonded word...but at least you can see some of it coming and we'll all be on the same page when the shit goes down...and, as my man likes to say when wrapping up on his daily talk show "Democracy begins with you...TAG, You're IT!"...Laters...

Labels: , ,

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home