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The Economic Fantasy

Time is of the essence, therefore brevity will rule this post. What is truly penile and mundane about much of the illegitimate pandering concerning the nature of the recessing economy here in America is that nobody appears too interested in actually breeching the core subjugation creating this current crisis...and for specific and duplicitous reasons no doubt.

The fact is that this nation is saturated with fraud and corruption at nearly every level of business, and much of the feigned "regulation" is nothing more than legal obfuscation. To posit that it was deregulation that caused any portion of the subprime bubble mess is inept, and certainly disingenuous. What is significant to understand is that any form of alleged deregulation, at this point, is merely more regulation.

The truth is that subprime is a necessary function, and will remain such because it is designed to cater to the economy of the priveleged market. To have employed this mechanism for other than a benchmark is what has caused the decline of the housing market, and has also allowed incredible amounts of fraudulant claims for houses worth mere pennies on the dollar. The sub prime market was used to lure unsuspecting home buyers into mortgages that were in excess of ten times the value of the home, and then as the fraud became apparent in the market, these unscrupulous financiers and real estate brokers cried wolf and are now the proud recipients of massive amounts of government monies that they certainly do not deserve. Not to mention, it was these thieves who initially created the overblown housing market in the first place. Regardless of who agrees with this, it is the absolute truth.

What is most important at this juncture, concerning the continuously deflating market, is to understand that the capital is not reflective of the production in respect to the capabilities of the people. To rectify this inequity in the various markets, this nation must begin to take stock in the defining features and core facilitations of this country. To be clear; this nation has gone so far out on the limb that it is accepting a world where only .02% of the citizens possess 98% of the wealth. Such a despotic form of society is not in any way comfomative to the Constitution of this great nation, nor indicative of a free country.

When the Federal Reserve banking system, and the Fed Reserve banks themselves, can buy $100 bills from the U.S. Mint at just over 6 cents each, and then use those bills at their pleasure, the moral hazard has already been created, maligned, justified and removed to the point that the real thieves and murderers in this nation are not only getting away with it, they are being rewarded for it by an systematic manipulation enabled by propaganda and ignorant complacency...as over 60% of the nation dutifully ingests their prescribed anti-depressants and viagra.

It is high time that people of this nation begin thinking very clearly, and take the time to look past the monarchial and pedantic mental masturbation that has everybody incessant of untimely death, destruction and personal conquest...or fate will deal this nation a hand it could never win.

Posted on Sunday, March 8, 2009 at 08:19PM by Registered Commenter[factbat] | CommentsPost a Comment

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