Prize

........... Recipient of the 2010 MacDougal Irving Prize for Truth in Market Manipulation ...........

June 4, 2015

Consternation Unraveled


     Of late, there has been much consternation in Guruland over economic growth.  Seers and sages can't seem to deal with America's inability to recover from the financial apocalypse foisted upon the civilized world and Iceland in 2008; the calculus of our upward trajectory in GDP, ranging betwixt anemic and chimerical, is commonly touched upon as inexplicable, as if there's some mystery here....

Where have all the growth engines gone?
Long time passing
Where have all the growth engines gone?
Long time ago

     As our valued subscribers understand, there is no mystery to any of this.  None.  With its seizure of the US Treasury Bond market to keep wild-spending politicians in Washington from facing free-market wrath over their profligate ways, our Central Bank effectively pulled off a silent revolution, placing the nation under Communist control.  The name change from Democratic Party to Commie Party wasn't announced by their media propaganda machine, so everybody of a pinko bent, all of academia for starters, can now posture themselves as having missed it, and are doing so.

    People, just remember what shopping was reported to be like under central control back in the old USSR:  way, way too much of this on the shelves, not enough of that, and none of the other.  Mostly none of the other.  That's the road central bankers have set us down.  The money being spent by Washington wastrels goes every which way but goosed, and has completely drained the economy of its oomph.

     Compounding the misdoings, Government stats have become fantastic works of fiction across the entire bolshevik bureaucracy, most egregiously on jobs, and nobody can grasp any#%^&*$*thing that remotely smacks of truth using them.

     Bill Clinton sent tasks performed by American humans over to be performed ostensibly by Asian humans, and from the moment they came back as tasks performed by great big, shiny, non-human robots, nobody has known how to tell us what's really going on in this formerly great nation of humans.

     With that in mind, you could say that the current consternation in Guruland is just more of the same.