The MacDougal Post: Pyramid Building and China

June 1, 2016

Pyramid Building and China

In Ancient Egypt, sovereign projects constructing humongous objects of, at best, questionable economic value ushered in prosperous times. Somehow, massive monoliths carved from stone quarried at faraway sites were dragged, carted, barged, tugged, pushed/pulled on rollers, or otherwise lugged, and likely manhandled into place, piled atop one another in ways scholars can't begin to explain, let alone agree upon, today.

The sophistry of John Maynard Keynes has fallen into this very same category over his recent NIRP ZIRP era. Only, the pyramids remain, looted but still basking under their brutal desert sun, while worldwide, economic structures built by Keynesian theory lie in shambles, crumbling to the ground.

Looking away from the failed hooey of academia and casting one eye on the ancients and the other on our commie friends in China, modern man can see a sure way out of his current economic malaise ....

Build more empty cities. Lots more. Tear the old ones down if you want, pulverize everything, and begin anew. Or not. Just build more. What difference does it make, how many empty cities you have? What difference did it make, how many pyramids they had? Millennia from now, people will marvel at what we will have done.

Everybody join in. New York City is way overcrowded. Build New York City 2. If somebody moves in, all the better, and they will in many, many places. London 2, Paris 2, Mexico City 2.

Mexico City 3, Mexico City 4, and Mexico Cities 5 through 9 if Donald Trump gets elected.

And while we're at it, lets get rid of the central bankers too. Keynes needed a banking system to screw with, and we probably ought to keep that, but you can eliminate the means by which his extravagant poppycock has thrown the world into a Lords of Finance forex free-for-all amidst backbreaking debt raised by failed politicians kept in power through an attack on savers, the very people who are any economy's greatest strength.

Dump them all. With demand side economics, or supply side, a case to keep central bankers around could be made, well conceivably anyway, but under pyramid side economic theory, we won't be needing a single one.

Inside the Scam

Short-sellers flood markets with bogus shares, involving buyers in bookkeeping transactions, not stock, and not telling them about it. Wall Street helps hide the fraud with Madoff accounting, even letting shorts pay dividends as part of this scam, duping investors into believing they get real dividends paid by the company they thought they invested in.

Worse, short-selling, in effect, adds these phony shares to the actual total number reported in company financial statements, which goes into the various earnings per share (EPS) calculations, essential components of the critical metric universally used to value common stocks, the price/earnings ratio (P/E). In a selling frenzy, EPS can be cut from, say, $4.00 to $0.40 or $0.04 or whatever, by the immense volume of fake shares these pretend investors are drubbing the real ones with at point of purchase.

Every reference made to P/E as a calculable metric is a lie. Our stock market is gamed by short-side racketeers, rendering equity investment in this country a massive securities fraud. Their humongous swindle purloins much of our savings during every market downdraft.

Odds are the SEC staff belongs in jail. Gangland racketeering is more than enabled by the complicity of our regulatory hotshots. Mob stooges inside that agency have spearheaded these cons for generations, flat out lying to us all those years.

Surely, the SEC's remarkable contention that short-sellers borrow their shares from you and me is, in its downright absurdity, the nadir of arrogance and criminal obfuscation.

That's why we're never asked to go along with it.

Site Exclusives

As our young readers know, any loser who steals mommy and daddy's savings is a stupid ninny.

Wall Street hires the biggest dumbbells in the world. That's because God hates stealers, and the nincompoops don't even know it.

Keep an eye on bad men like hedge fund managers, bank CEOs and proprietary traders right here in The MacDougal Post. Incorrigible dingbats like Mucus Poole-Knightly, Pockets MulGoon, and Lewie the Dip, just to name a few of the head cases found on the site, are contracted to appear here exclusively.

You won't find that kind of financial coverage anywhere else in cyberspace.

Check in with us regularly to find out what's really going on with your money, if there's any left. And when it's all gone, take a shower whenever you can and drop in on us from the local public library.

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June 1, 2016

Pyramid Building and China

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