Neo-cons and socialists alike were cheering as Federal Reserve Chairman, Ben Bernanke, hinted of a QE3, which means more stimulus dollars for the rich. The DOW shot up 170 points but calmed to about 44 by the end of the day. I guess the thieves thought twice about taking so much profit in one lump so late in the week as the new jobless claim numbers will be coming out today. I swear sometimes their duplicity shines.
Stuart Varney, the staunch right wing conservative, could hardly sit still and was downright giddy in announcing the possibility of QE3 and pointing out its positive effect on the stock market.
Well about one more QE should pretty much take the dollar out as a serious world currency. What is the saying? The definition of insanity is doing the same thing over and over again, expecting a different result. But then the elite know exactly what to expect.
The Fed is getting ready to print billions more dollars of worthless currency and use it to buy up US bonds which represent real wealth. And of course with each one of those dollars they will have acquired more of our natural resources for nothing more than paper and ink. And again of course the few dollars we have left in our pockets are going to be devalued further. Realize this fiat currency is nothing more than promissory notes. And what is a promissory note but a floating contract supposedly guaranteeing payment sometime in the future.
Let’s look at it like this. On Monday, you agree to work for the corporation for $100 for one day. Tuesday morning, before you are paid the corporation, owned by the Federal Reserve bankers, through the Federal Reserve, devalues the dollar by 20%. By the time you are paid you are shorted $20, in reference to the disclosure for the original contract for work. And you are told tough luck; it is the fault of the economic crisis. What you have just experienced is a breach; hence default on the original contract. But you know what? It’s all right for this government and the banker owned corporations it represents to default on we the people. I mean, who the hell are we?
Now you have Barack Hussein Obama AKA Barry Soetoro AKA Barry the Rat telling the senior citizens in this country that unless they somehow force the neo-cons to raise the debt ceiling, he’s not going to send out their Social Security checks. Of course he tries to say that it is the economy and cannot be helped. Bullshit Barry, the Social Security account is $2 trillion in the black and you are not going to use the other trillion the United States treasury owes it as an excuse for using your Chicago strong arm tactics.
Think about this. Old Barry’s talking about not paying the seniors from the maturing treasury bonds they were forced to buy. The fact is Social Security is solvent for probably another twenty years. So why is it such an urgent issue with both the phony left and the phony right? I’ll tell you. It’s because it is solvent and it represents a big chunk of wealth the corporate elite haven’t managed to pocket yet.
We need to tell them to do us a favor. Don’t worry about our Social Security anymore. Right now we want you to just balance the budget and pay off the debt by retrieving the stolen $30 trillion the corporate elite made away with. Then when we have all that back in the bank you can offer to help us with our Social Security account again. Of course we won’t need any help then, but you can offer. Until then, both of you, Obama and Boehner, keep your bugger pullers off.
God bless this Republic, death to the international corporate mafia, we shall prevail.