Dollar Collapse

QE-UPHORIA

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In a move that has been reported as shocking on a level right up there with Breaking Bad’s classic just aired episode Ozymandias our esteemed top central bank racketeer eschewed the long predicted “tapering” of his Quantitative Easing lunacy. In a last shot to the gut of the American economic diaspora living in tent cities from sea to shining sea Helicopter Ben Bernanke made damned sure that his precious subsidizing of the same gamblers, con artists and ivory tower dwelling grifters who destroyed the economy in 2008 would have a very Merry Christmas again this holiday season. While the usual idiots in the state-corporate media gasped it was sure as hell not a surprise to me, nor to anyone else who has been onto this ongoing hustle for years.  Chairman Ben has presided over an unprecedented transfer of wealth upwards to the looter class that he and his private Federal Reserve have always served the interests of. In pre-collapse America the usurious bastards hold all of the cards and will not be satisfied until they own absolutely everything. It is the logical extension of the “ownership society” in that at the end of the day the banksters and their Washington embedded lackeys own all of our asses.

The ongoing Quantitative Easing under Bernanke is only allowing for the continuation of the ongoing thievery until he has safely left office and handed the keys to the printing presses over to Janet Yellen or some other establishment stooge – maybe Turbotax Timmy Geithner can be brought back for an encore performance. Rest assured that Chairman Ben will be have left the Marriner S. Eccles building and will be sequestered in some gated enclave of an elitist pig pen protected by the best mercenaries that money can buy when the shit does finally hit the fan and the economy implodes for good.  Ben knows very well that he is a “made man” and has nothing to fear while  once the streets erupt with violence when the monetary system has been rendered worthless and it will take the equivalent of the proverbial wheelbarrow full of Riechmarks to buy a bag of Doritos. And ugly it will be, consider that a good many of the citizens of this giant lemming colony don’t have more than a day or so of food on hand at any given time. When the ATMs are no longer functioning watch out because the absolute last place that you want to be would be anywhere the local supermarket which will be overrun with looters within a day or so. It will take complete martial law to prevent the total disintegration of society when Bernanke’s financial WMD detonates but that after all is the inevitable endgame in a number of scenarios that would seal the fascist transformation of this once great country.

In the classic 1980’s Bruce Willis movie Die Hard an international group of thugs invade and take over Nakatomi Plaza, holding hostages and all under the pretense of terrorism for political reasons. The real truth is that the terrorist ploy was designed to provide cover for a massive robbery and in the end all the hostages would be marched up to the roof of the building which mined with C4 explosives would be blown up, killing all of the hostages and allowing the perpetratorss to escape to their beaches of choice where they could bask in the sun collecting interest on their plundered loot.  It is a fitting metaphor for what Bernanke, Geither, Hank Paulson, Jamie Dimon, Lloyd Blankfein, Vikram ‘the bandit’ Pandit and a cast of tens of dozens of other sordid miscreants are in the process of successfully pulling off in America.

It is all abetted by the gross incompetence of a certain Barry H. Obama over at 1600 Pennsylvania Avenue who has not only the ticking down time bomb of the ruined American economy on his tab but also myriad other abortions including the NSA Stasi, another war that is currently in the gestation stage and of course Obamacare. His crowning achievement is a so-called health care ‘reform’ rip-off that will one day rank in the top ten in the bunco artists hall of fame. Not only does this law allow for the insurance parasites to feed off of millions of new customers who are forced by the police state to purchase the overpriced policies but it allows already bloated and greedy corporations to begin to kick family members off of insurance plans and into the arms of the bloodsuckers. Soon it will be all employees currently covered by employer provided insurance plans who will be sold down the river into bondage with the proverbial big government gun pointed at their heads and Obama will have his finger on the trigger. Welcome to modern day American, the land of ‘f**k you, I got mine”.  There is today much hullabaloo over the Republican led House bill to defund Obamacare as a condition to not shut down the government but don’t pay attention it because it is total horseshit and only more political chicanery that provides cheap fodder for the talking heads and distracts from the real problems. Both parties are in on the con because the oligarchy owns both teams lock stock and barrel. Jimmy Carter had it right when he recently lamented the demise of a functioning democracy in America but he being shunned like a leper by the rulers can just be shushed like the drunken crazy old uncle who shows up once a year to ruin Thanksgiving and vomit into the sweet potato pie. Move along, nothing to see here.

But as to the travesty of the Federal Reserve’s continuation of bailing out the bankers and rigging the markets, Bernanke’s ‘unexpected’ move not to reign in  Q.E. had the swine squealing with glee as they will continue to have their money changer schemes underwritten by the taxpayer and protected by the Obama administration. According to St. Louis Federal Reserve President Fred Bullard “While I expect to see inflation rise during the coming quarters, I want to see evidence of such an increase before endorsing less accommodative policy action by the FOMC”. This statement regarding inflation is as asinine as it is dishonest. One of the primary reasons that the criminals who run the big con are continually able to base their ongoing crack-ho economic policy of buying garbage mortgage backed securities it is due to this Hitlerian whopper. What is never mentioned is that core inflation rates conveniently omit food and energy prices, exactly the two areas where Americans are getting the screws put to them the hardest by the scum that runs the system. Just take a look at what you have been paying at the grocery store since this Q.E. game began, the prices are higher and the packages smaller and it is only going to get worse because this is the “new normal”.

It is hard to hold the currently configured system in anything less than the utmost of  contempt – that is unless you are one of the TV addled, low-information drones who still believes what they tell you on cable news shows and in the state media. As the late gonzo journalist Hunter S. Thompson once so brilliantly put it the rulers only stand for – “.. the systematic destruction of everything this country claims to stand for except the rights of the rich to put saddles on the backs of the poor and use public funds to build jails for anybody who complained about it.”  He was of course referring to his personal bête noire Richard M. Nixon but as we have seen with his paranoid streak, use of government agencies such as the IRS and DOJ to go after political foes and support of an all seeing surveillance state Barack Hussein Obama has left Tricky Dick in the dust.

And so it goes on, the tightening of the screws….

 

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