Reply #11: Hack [View All]

[orwell]

Greenspan is nothing more than a partisan hack, an Ayn Rand fundie who perceives his role as protector of the great American debt bubble - Sir Allan, our knight in paper armor.

When Gore faced fairly certain election in 2000, the great Greenie commenced a relentless raising of interest rates to pop the Clinton "bubble", thereby saddling the Gore candidacy with rising disease among the voting population about a careening stock market and rising interest rates. As soon as the Supremes issued the Gore v Bush ruling, shazam, interest rates began to fall. Suddenly "inflation" was no longer "operational." Now Greenie would rise to the rescue to deliver the "soft landing" to his shiny new Rethug administration. So much for the "independent' Fed.

So now that the "boy king" has been re-throned, suddenly "Sir Greenjeans" starts squawking about the deficits. Why? Well just in time to fuel support for "privatization" of SS and heavy growth clamps on social spending. Get the picture?

So we of the great religion of the "free market" trust all of our economic future to a Politburo style central bank that bases its "monetary policy" on a temple of "wise men" who serve private banking interests. Where are all the free market howls about this form of central planning. You will hear none, as this sort of wealth redistribution relies on "big gubmint" and private "social engineering."

The game is almost over however. There is a large counterforce developing out on the horizon, from the very socialist/communist economies we once labeled as "enemies of the state." Russia, India, China, the Asian tigers, Latin America, and to a lesser extent the EU, are preparing to slip the economic noose
around the US neck. Why not? We supplied them the rope, the scaffold and the crimes against humanity as motive.

Any last words?