Anyone else think the entire system is just one big system of croynism….no mattering who/what’s in office?
Look at what’s in the headlines..
Romney’s offshore accounts an Bain dealings.
Obama and who knows what relationship with JPM.
Yahoo CEO caught lying (gets to keep his entitlement pay)
Chesapeake energy CEO borrowing up the yinyang from the company
Brown wants to raise taxes to fund all the entitlement programs
Pension recipients getting unpaid ridiculous sums of money from taxpayer dollars…
Facebook going IPO and you got a founder wanting to renounce this citizenship to save on taxes..
WHAT THE HELL IS GOING ON???
It seems like I woke up this morning and the world went to the shitter overnight…
Slightly disheartened FLU…
And I’m not the one that is that sick..
I can already hear the critics and naysayers chirping – “But, but, we’ve heard all of this before. You all have been talking about financial meltdown for years now, and it never happens. We just keep on chugging along like the little engine that could”.
Bullshit! It has happened; it is happening. Every day for the past year has been one in which the Eurozone could erupt in flames, figuratively AND literally, and financial contagion could sweep through the global banking system. That is the definition of systemic meltdown – the critical point past which a system is constantly exposed to the risk of CRISIS.
We all know the story in Europe. The peripheral EZ economies are in freefall as private/public credit evaporates and unemployment soars, while the backlash against blatant wealth extraction, a.k.a. “austerity”, has reached epic proportions. Greece is closer than ever to saying “SHOVE IT” and leaving the Union. So what happens after that??
Europe will be F.U.B.A.R., that’s what. Capital exodus, financial contagion, hyperinflation, social unrest, civil war – you name it – it’s all on the table. What if Greece manages to stay in and none of this happens? Does that mean everything is all better and the crisis point has been averted? Go ahead – sit back, relax and give it a few more weeks or months, but just remember that you will NEVER know when it will hit you like a MACK truck – only that it most certainly will.
Along with the economic “crisis” we seem to have a crisis in criminality. Rotten to the core
Careful flu, you start connecting the dots and soon they will accuse you of wearing tin foil hats,
Or well hmm, it never ends well when you get too many dots connected.
You notice how this comes out around May period in the cycle? Watch the media to see how stock is manipulated. So all of this ‘newly discovered’ info was found recently? Or his someone now herding all of the cattle in the other direction?
PS: note how common stock holders votes are not binding, even though they are effectively the owners of the company.
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