Friday, October 4, 2013
Where are we going?
There's some more of the same criminal cronies passing some legislation they didn't write (Sandy Weill of Citi wrote it), getting rid of Glass-Steagal, which of course we all know what happened less than 10 years later. The timing couldn't be more ironic with the current stalemate (which isn't). Our one-hundred year anniversary of the income tax was yesterday. Amazing we went without prior, which ironically enough it was deemed Unconstitutional just twenty years earlier. The year itself is even more foreboding.
http://www.federalreserve.gov/aboutthefed/section2a.htm. What could possibly go wrong with a balance sheet exploding and no way to unwind it? Rates appear to be doing what the market is telling them to, which if they continue to climb, will crush us all.
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=anOj_XTh.8yo&pos=12. We need a return to journalism and reporting like his, not the bullshit the masses eat today. The closets thing to him I can think of would be Glenn Greenwald of the U.K.'s The Guardian. He recently (yesterday) completely ripped apart another propaganda pusher from The BBC http://www.huffingtonpost.co.uk/2013/10/04/glenn-greenwald-kirsty-wark_n_4043667.html. Classic.
http://www.washingtonpost.com/world/national-security/nsa-broke-privacy-rules-thousands-of-times-per-year-audit-finds/2013/08/15/3310e554-05ca-11e3-a07f-49ddc7417125_story.html, what laws? Just in time for more Banking Cartel theft, usurpation of The Constitution, the forcing of buying a product (called a tax) that doesn't treat The People equally. It looks like more fraud, more theft (ostensibly with a gun pointed at you) , and more crony politicians truly serving a few special interests will rule for a bit longer.