"People who take short cuts, are political, prioritize themselves above others, take excessive risks for personal gain, don’t value capital, or are unethical are outright cancers. These types of people will not only flourish in the next crisis, but most probably they will cause it."
The level of governmental and corporate corruption, chronic unemployment, rising food and medical costs and the escalating taking of rights and freedoms are not unseen by the population at large, just desperately ignored.
One must build the walls of our own cage higher than we are willing to climb if we are to remain safely confined within our own mind.
To be perfectly honest (pun most definitely intended) the reason we tolerate lies from others is because we want them to tolerate our lies. What goes around (hopefully) comes around, at least when it comes to lying.
To express any uncertainty whatsoever was, and still is, considered a sure sign of weakness and will never be entertained. This belief is nearly universally held and is of course promoted by all self proclaimed authorities.
Truth is instantly recognizable for its self evident nature. The difficulty isn’t in knowing what to do; the difficulty lay in doing what needs to be done.
Last week saw a full court press in defense of the current money printing exercise. As we have frequently pointed out, modern-day economic policy is evidently in the hands of utter quacks. It matters little to them that their prescriptions have failed time and again for hundreds of years – they do the same thing over and over again, as though they were escapees from an insane asylum.
Rarely if ever do we consider that we presently labor under our own woefully wrong flat world perspectives so deeply engrained within our present day mindset that we are completely and utterly blind to how wrong we might just be.
Governments Indefinitely Detaining Citizens In Psychiatric Wards Without Due Process of Law
What Do Mental Health Professionals Say About Those Who Question 9/11?
FDA Spies On Whistleblowers’ Personal Information … then Uses It to Smear Whistleblowers of Faulty Medical DevicesSubmitted by George Washington on 07/17/2012 23:48 -0400
Regulators and Politicians Work Hard … to Protect Corporate Wrongdoing and Smear Whistleblowers
We have now entered the fifth year of this Fourth Turning Crisis. George Washington and his troops were barely holding on at Valley Forge during the fifth year of the American Revolution Fourth Turning. By year five of the Civil War Fourth Turning 700,000 Americans were dead, the South left in ruins, a President assassinated and a military victory attained that felt like defeat. By the fifth year of the Great Depression/World War II Fourth Turning, FDR’s New Deal was in place and Adolf Hitler had been democratically elected and was formulating big plans for his Third Reich. The insight from prior Fourth Turnings that applies to 2012 is that things will not improve. They call it a Crisis because the risk of calamity is constant. There is zero percent chance that 2012 will result in a recovery and return to normalcy. Not one of the issues that caused our economic collapse has been solved. The “solutions” implemented since 2008 have exacerbated the problems of debt, civic decay and global disorder. The choices we make as a nation in 2012 will determine the future course of this Fourth Turning. If we fail in our duty, this Fourth Turning could go catastrophically wrong. I pray we choose wisely. Have a great 2012.
A 2.4% GDP rate added to 0% inflation is giving you the 2.4% yield you see glaring at you from your screen today for the ten year Treasury bond. The market is essentially betting that inflation will remain at zero for another decade. Rampant inflation has already broken out in great swaths of the global economy. What is wrong with this picture?
No problem can be fixed before a solution is formed. No solution can be formed until the underlying problems are clearly identified. The officials in charge of fixing the economy have not articulated the underlying problems. Worse, many of these officials - directly or indirectly - created or contributed the underlying problems. It is shear lunacy to expect that the people who screwed up the economy have any chance at fixing what they destroyed.