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Jim Cook

 

RUNAWAY SOCIAL SYMPATHY

Every once in a while I switch the TV channel from Fox to CNBC to see what the liberals are saying.  After listening awhile I get a deep sense of hopelessness and foreboding for our country.  The most important thing for the left is giving money to people.  They are happy to see the growth of food stamps, disability payments, housing subsidies, free healthcare and all the other welfare benefits.  They utterly fail to see the damage it is doing to the recipients.  Whole cities that once flourished have deteriorated into rotting eyesores populated with shambling hulks of chemically dependent drones.  These people are no longer employable.  They have become incompetent and helpless and the liberals can’t see that it’s their doing.

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The Best of Jim Cook Archive

 

Best of William Histed

March 9, 2012

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THE FEDERAL RESERVE MAGIC SHOW ABOUT OVER

When the crowd finally understands the tricks of the magician, the show is over.  Even among die-hard magic fans.  When some of the tricks have gone wrong, the show is about over.  When confidence is lost in the magicians in the show, game over, as they say.
  
Some of the greatest magicians try to protect their tricks up to the last minute.  They know when the audience finally catches on, there's not a whole lot of time left on stage.
 
 It becomes boring, to say the very least.  When the little secrets are out, it's time to end the  show and find new entertainment.  Something that lasted a long time may come to a screeching halt in a moment's time.
 
The audience which may have sat patiently through a long show.  The audience may have even egged on the magical acts knowing they were being taken, but it seemed harmless at the time.
 
Many are the magic fans who go to a magic show wanting to see how they may be cleverly manipulated.  And it appears to work....it DOES seem to work, for a while.
  
The magicians may have even believed for a while that they were defying reality, especially with the audience captivated....until the unwinding.
  
When all the tricks have been revealed, even if by accident, the audience feels its intelligence is being insulted from that point forward. It's impossible to get back that juvenile trust as when the magician first came out from behind the curtain.
 
The Federal Reserve Bank magical show is about to end suddenly.  The captive audience, which one half believed in magic, will see how cleverly the tricks were done.

Creating real wealth and prosperity from scrips of paper?  It was a great magic show while it lasted. Oh, many people were fooled, but the audience has gotten wise and feels fooled no longer.  Almost no one believes in the tricks anymore.
  
As the magic show continues, the audience begins to see the tricks getting old and seeming to work less and less.
  
Besides, there are better money magicians elsewhere, such as in the European Central Bankers who now claim they are better magicians than those at the Federal Reserve.

                 WHEN THE FUNNY MONEY ENDS, SO WILL END OTHER THINGS FUNNY
   
With the great unraveling of the Federal Reserve Bank magic show, some other distorted tricks will come to an end.
When the magical paper script is seen for its real value, some of the nonsense it funded will die with it.
  
How many never ending wars could be funded if real gold or silver had to be used and not just paper script and "expanded credit?"
  
How many welfare schemes could be created and continued if they had to be paid for in silver or gold only?
  
Federal Reserve paper "funny money" has created many horror stories in the "fun house."  And it is about all over.
  
Many distortions have taken place in the Federal Reserve paper magic show. When it is soon over, a lot of nonsense will end with it.
  
For thousands of years, silver and gold has survived when all other paper monies have failed.  Precious metals kept reality in check.  Paper money and "credit" was a way of trying to pay for today's nonsense by burning up the future.
  
Sadly, and this is a prediction, this show will not end well.  Paper currency wars...in which nations and central bankers fight it out over who has the strongest straws...often lead to worse situations.
  
The Federal Reserve Bank master magicians have run out of tricks.  Maybe as a last ditch effort to save their magic show, they will try to grasp at straws as the chairman suggested recently.  Maybe they will see the show is over and try to change their act.
  
Right now the Federal Reserve magicians have changed their act a bit.  Their latest act is tap dancing.  We'll see where this all ends.