|
Sunday, October 5, 2008
Bailout! Woodchucks to the rescue?
Voting for your enemies empowers your enemies. Voting for your lesser enemy empowers
your enemy. To the victor belongs the spoils. Wake up, or don't. It should be abundantly clear to every American where
socialist America is today. The government has no capacity to bailout "the economy". America's sole existance
depends upon the invisible hand of competition. Therefore socialism is it's foremost enemy.
I was a series
7 broker for 5 years. This provided me a birdseye view and education of what moves the market. It's simple. Fear and greed
move the market. It's ridiculous to suggest you can regulate fear and greed, and absurd to suggest you can bailout "the
system". Posture and fog is all the politicians are contributing. Fear of losing government's grip on the people's
purse is the motivation. Government as in the words of Steppenwolf: "Now it's a monster and will not obey."
He that has the gold makes the rules, always has and always will. They just changed the rules for the Federal
Reserve to accomodate strategies to prolong the government's feasting on the middle class. And for the middle class'
voting record, they deserve it. Nobody including the politicians have exhibited any true faith that the "bailout"
will work. However they serve who they serve (themselves). Don't they?
The "bailout" is only a bailout
of government. It is a desparate attempt to shore up govt's tax base derived fundamentally from property values and credit
flows in and out of property assets. The bailout isn't about "you". The bailout is about "you feeding gov't".
The only legitimate roles of gov't are to protect the citizens, protect individual rights, and enforce contracts.
All other activities of government are successive steps to ruin and fortunately revolution. In the end, I win.
The
borders are wide open. The federal government's intrusion into individual's lives is greater than ever. Seizure of
private property through eminent domain is commonplace. Government spending on illegitimate roles of government has crippled
implementation of any strategy to perform legitimate roles of government (remember Katrina?) And the Federal Reserve is printing
money out of thin air destroying the value of the dollar. The cry of the herd continues to be "vote for the lesser evil!"
The cry of the politicians is "free markets don't work!" Translated that means "free markets don't
work for government" because they won't keep them afloat.
No matter how much worthless "paper money"
is thrown about, the end result is unavoidable. The more damage the government causes, the swifter the revolution will be.
Plant your gardens, you're going to need them.
Woodchuck Pirate
3:48 pm edt
|
