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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
September 24, 2009
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“It Ain’t Going To End Well”

A good book says, "Forgive them, for they know not what they do." But in this case, they know exactlywhat they are doing and I can't forgive them." It may seem "they" don't know what they are doing, but as a junkie, they know exactly what they are doing to feed their freeloading fix.

"They" are re-inflating the last bubble, a series of bubbles. It is a theft process of historic proportions. They have to keep the official, legal Bernie Madoff style scam going. When you make the laws, you don't have to break the laws.

"They" have just about milked the system dry. The world is catching on. There is going to be a currency crisis, if not a currency collapse, in the next few years. It is much easier to prop up a stock market than a currency the world has lost faith in. And since all currencies today are basically fiat, one will not fare much better than the others.

Most tramatic events happen in a panic....in seemingly minutes. A world-wide currency collapse will happen in days, maybe in even hours. When the game of musical chairs stops, those trying to find a seat will be in sheer panic.

The losers? Those whose assets are in unbacked paper "funny money" dollars. Don't worry, they will just create more of them to keep their balloon filled---as long as they can. But the paper clip can only be bent back so many times until it suddenly breaks. Then, it is impossible to bend it again.

"They" have created multi-trilliions of dollars in funny money in the past year. "They...who is "they"? I don't believe a whole lot in conspiracies. When they exist, three can keep a secret if two are dead.

Coming from a musical family, though, I understand very well "concerts." Concerts are events where people of different positions, talents, ideas, band together to produce
something together of interest and pleasure to all.

I think there are various interests....sometimes of seemingly opposite positions, who find mutual interest in banding together, even for a finite time, to create the music to their liking.

There may be a last train out. But the very last train is sometimes the most risky train, frantically pieced together, it faces rear-ending earlier trains. The weather may be worse....it's a final gamble.

Yes, maybe there is one last train out, after all. But some of the passengers, including the Chinese and Europeans, are afraid to get on the train anymore. They don't want stranded out in Timbucktoo.

The world is growing increasingly suspicious of Federal Reserve Bank funny money. I've predicted the thing is going to crash. As an out of control car careening from one side of the road to the other, it is anyone's guess when the thing will eventually go in the ditch.

Gold is staying above $1,000....someone, somewhere, is wise to what is going on.

I just got done watching CNBC. There are other "financial" channels as well. They all are alike... Wall Street boosters as their ownership and management are of Wall Street.

It is a church---a religion. The center of their force is Wall Street, and that is the twin of Washington.

But as I just got done watching CNBC, my ears are still ringing about the good news of the "nicerally in the market." I've heard about the "bottom is in and we're now well on the road to recovery."

Is it a rally in national producitvity....or ist he "rally" simply some of the newly created trillions of dollars trying to find a place to go?

Go to the bix box store and steal a candy bar...and the police will be called. As they should be.

But steal billions...trillions by watering down the milk supply...and you get re-appointed to "The Fed."

The theft is worse because of the greater deception than stealing a candy bar. The thieves tell you they have "saved" you and the economy.

But if you are on Social Security....and told you won't get a cost of living increase for two years... you start to wonder who---or what---is stealing your purchasing power.

As the theft gets worse, it gets even sneakier. Packages get smaller, more industry goes toslave wage states....countries with little in common with our society or what we thought were our values.

As Thomas Jefferson said, "Merchants know no country."

How can you jump start an economy that no longer makes TV sets, shoes or linens?

And if the economy is "jump started," the demand for things made in China or elsewhere will grow. We'are back to the balance of payments deficit. The re-inflation going on is the sign of madness...or desperation.

The junkie needs an even bigger fix.

It's not that we weren't warned. Who has deceived ourselves more than ourselves, asked
Benjamin Franklin.

Our government can preach down to the kids all it wants about "just say no," and "be responsible for your own actions." That apparently does to apply to Wall Street and to its bed partner, the federal government which has no self control at all.

As Margaret Thatcher once said about something else, "In the end, my friends, you are going to find it will not work."