Three from Denninger
Denninger skewers the Looter-in-Chief and his minions in these three must-read articles:
1.2 Million Jobs Promised, 0 Delivered
To China: Bite Me
More Stupidity: Obama/Chrysler
Folks, it's really important to read and then think through these articles and their necessary implications.
What happens to a society, which is utterly dependent on government transfer payments, which are in turn utterly dependent on the continued credit from that society's primary strategic competitior, who just happens to be the greatest mass-murdering government of all time?
76 million dead Chinese men, women, and children can tell you the correct answer.
Alea iacta est.
posted by Concerned American | 9:47 PM
2 Comments:
Here is some more up-to-date Denninger gems:
http://market-ticker.org/archives/1097-How-Much-BS-Can-You-Take.html
Basically, "we've been lied to (again), and the economy is NOT going to recover anytime soon."
http://market-ticker.org/archives/1091-Ten-Things-You-Must-Do.html
Basically, "We are f@#&ed (because the bond market has realized that we're dead broke, and government services will ultimately have to be drastically cut, with predictably rioting, errr, results), and here are some things that you need to do to protect you and yours." By the way, here are (as of now) 8 pages of comments on this article: http://www.tickerforum.org/cgi-ticker/akcs-www?post=98035
In keeping with the theme of this website, does anyone care to bet that such a scenario will result in more liberty? No takers...that's what I thought.
I hope a collapse due to hyperinflation occurs before a serious attempt at gun registration. I think hyperinflation would discombobulate tyranny more than prepared individuals.
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