Guest Post: The Human Cost Of Fiscal Mismanagement of Government
Originally posted at Armstrong Economics blog,
During the Great Depression, there were countless suicides. People jumping out of buildings because they lost everything and could not face a future that was destitute. The photographs of such scenes will live forever.
The same is taking place throughout Southern Europe today and it is a cry for fiscal responsibility upon government. In Italy, just since the start of the year, 23 entrepreneurs have committed suicide. Politicians are responsible for these economic declines. It was their corruption allowing NY bankers to do whatever they feel like as long as they fund their elections. These are people you would not give a $20 bill to and send to the store for an errand to by $5 of something because they sure as hell would not return with any change. Yet we elect these people who have NO experience whatsoever, make promises they have no intention to keep, and then they always blame us for their mess.
They will say anything to get bills passed, pretend they would never do anything unconstitutional, and then when asked does the President have the authority to just kill Americans on the street, he and his staff refuse to respond. This is all about fiscal mismanagement. We are always attacked so they retain the power over us. It matters not what form of government – it is always the same ending. As Adam Smith wrote:
“It is the highest impertinence of kings and ministers to pretend to watch over the economy of private people and to restrain their expense, either by sumptuary laws, or by prohibiting the importation of foreign luxuries. They are themselves always, and without exception, the greatest spend thrifts in the society. Let them look well after their own expense, and they may safely trust private people with theirs. If their own extravagance does not ruin the state, that of their subjects never will.”
Adam Smith Wealth of Nations 1776, Book II, Chapter III,
Of the Accumulation of Capital, or of Productive and Unproductive Labour
They are NEVER held responsible for the own mismanagement. Somehow, we always have to pay for their frauds. The price is often way too high.
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ZH's sophomoric sermonette of the day! Right on schedule.
Vote early, and often!
Just curious...
How many feet above ground level is the highest window at the Eccles building?
Bernanke does reside in an ivory tower, but it is more of a figure of speech than an architectural construct.
HH -- Wow, that's some deep thinking :-)
Sounds kinda like something from the "Matrix." Or maybe you've been reading "Fountainhead."
Actually, it is a cliché that originates from the Old Testament.
just like your other fantasies and sexual delusions, this one will not come true
Jump!
Might as well...
http://www.youtube.com/watch?v=wlq0lYB3iSM
Set yourself on fire, then jump!
I'm pretty sure you're welcome to counter ZH/guest post data and conclusions with your own.
Well, davidsmith, this article stated: "In Italy, just since the start of the year, 23 entrepreneurs have committed suicide." (I felt like I could see that number clicking over from 22 to 23, as I looked at the old photograph of the man flattened on the pavement.) Any regular reader of Zero Hedge for the last couple of months would have enough background to understand WHY such a statistic exists.
I do not regard mentioning such facts, in context, as being a sophomoric sermonette. Without Web sites like Zero Hedge to help one wade through the news, it is hard to imagine even knowing about such facts, much less perhaps understanding them.
... Just because the REAL problems are astronomically worse than any possible practical solutions is not the fault of Zero Hedge, nor some of those who lament those runaway social insanity situations. Perhaps the exhortations in this article above are too superficial, compared to the REAL magnitude of the problems, however, noboby else that I am aware of can do any better.
Italy looks to be slightly ahead of us on the curve:
http://www.youtube.com/watch?v=0dEemZ2pVyo
Our Money Is A Joke
That video shows the Italian comedian, whose party won recently won 25% of the votes, speaking back in 1998 ... Our 'money' system is so absurd, that only a good comedian can explain how absurd it is!
The established runaway triumph of legalized lies, backed by legalized violence, is way too advanced and out of control for anyone to actually provide coherent solutions. However, I do not regard someone who tries to urge resistance as offering only a sophomoric sermonette. All resistance is assistance. That the whole world is being controlled by huge lies, backed by lots of violence, and the biggest gangsters, the banksters, HAVE been able to almost totally take control over the world's governments, appears to me to be something that a few protestors preach about, in a sophomoric sermonettes. However, given that the REAL world is already almost totally dominated by a gang of trillionaire mass murderers, I can not imagine anyone else effectively doing anything more than offering another sophomoric sermonette.
Remember that, these days, Operation Gladio is mostly considered to be proven historical facts.
http://en.wikipedia.org/wiki/Operation_Gladio
Operation Gladio was an early version, just after World War II, similar to the many other inside job, false flag attacks, since then, like the events on 9/11/2001. Things like Operation Gladio never stopped, instead, there were simply more and more of them, displaced all over the world. The REALITY is that the global economic system is operated through the application of the methods of organized crime, on the highest levels. Unfortunately, other than delivering a sophomoric sermonette against the effects of that runaway system, there appears nothing else that anyone can actually do!
davidsmith
you fuckin rock man, that was like trying to sell a canister of zyklon B on shalom bay
heavy are the balls of a man who carries them over his shoulder _ prains 2013
Depopulation is part of The Plan.
Americans commit suicide in a slower way. They do it with prescription drugs.
The whole Banker's Jumping from windows during the Great Depression was a complete myth... probably created by bankers themselves eager to prove to the public that they had a conscience.
Today they would just as likely wrestle a complaining and defrauded (MF Global?) client up in a suit and throw him/her out the wiindow themselves. The MSM nightly news would dutifully report the 'banker' jumping...
http://www.npr.org/templates/story/story.php?storyId=99090769
They also kill themselves with "yummy," manufactured food.
Ikaka pudding's so "Yummy"!
Brought to you by Carl's jr.
Extra big ass fries.
F*** you, I'm EATING!
They commit suicide even slower by, watch the voice, dancing with the stars, the kardashions, the bachelor, America idle, ect
Pretty much no one gets out of here alive.
I give it 5-1 odds.
Or is it 1 in 5?
Or they kill themselved in Normandy, Bataan, etc.
Why can't they be more like those in Eurabia?
I'd like to see the incidence of suicides within the population of owners of physical gold.
We'll live forever waiting for it to be fairly priced!
Pm owners usually have boating accidents. But they survive most of the time, because they're great swimmers.
...as long as their pockets are empty.
"PM owners usually have boating accidents."
rotfl.
"Gee, poor guy shot himself in the head, right after pulling out his fingernails. That must have happened right around the time his safe got cleaned out. Suicide; right, mayor?"
Probably more along the lines of this guy:
"Auction of Nevada recluse's gold coins nets $3.5 MILLION with second auction likely"
http://www.dailymail.co.uk/news/article-2285356/Walter-Samaszoko-Auction...
The guillotines are on order. hujel
Interesting choice of words!
Who will play the role of Robespierre?
Angry, ugly, lesbian-hag Napalitano comes first to mind, but whom else?
Mary Jo White.
She is even uglier, but apparently not a lez - married to another lawyer.
Entrepreneurs aren't comitting suicide, they're beeing indirectly killed by the state.
Or they're Atlas Shrugged, who knows?
Politics can certainly make matters worse but this sorry state of affairs was written the debt equals money stars long ago. The system is faulty and flawed and we'd be here where we are no matter what any politician did or didn't do....it's really a function of math. Debt as money is ruled by exponents not policy.
Its a sweet gig to be a banker. Roll the dice in the stock market and score big, roll snake eyes and foot the bill on to the people. Its a win win for a banker, a lose lose for the people, yet the people, let the raping continue. to busy watching dancing with the stars, or how big the kardashians ass is.
Joe Pesce as Joey to his brother Jake LaMotta in Raging Bull:
If you win, you win. If you lose, you still win. You can't lose!
You fuck my wife?!
Louis XVI is missing his 21st century friends.
Have you read the post by CPL on how creative Joseph Guillotin was ... better read it.
I am thinking the world would be better with fewer people (and I use the term loosely) who feel entitled to be parasites on society. So where is the head US parasite this week?
"The same is taking place throughout Southern Europe today and it is a cry for fiscal responsibility upon government."
How in the f*ck does one provide FISCAL RESPONSIBILITY to a GLOBAL PONZI SCHEME?
Suicide is just one symptom of the inability and IMPOSSIBILITY to fix a broken economic model.
Suicide actually HELPS growth in the Ponzi's ever shrinking space. It creates room. It creates an extra JOB. Multiple JOBS when you apply a broken window fallacy to a dead body.
We are always attacked so they retain the power over us. It matters not what form of government – it is always the same ending.
Maybe, but it does matter what size the government...
I like the ratio of one person to one government. Otherwise, it can only become incoherent over time.
UUghhh?
The pre-meditated Greatest Heist In History was just "Fiscal Mismanagement"???
There would be no loss of sleep if some of our banking elite were to take this leap. At least they would end courageously by "taking one for the team", but the fact is that these most vile of financial terrorists would be insulated and protected while taking in huge profits and receiving a huge bonus for the plunder of our nation's people. They would be celebrated while those plundered would end on the windshield of a toyota....
They would more likely buy an insurance policy on you and push you out the window...