Prepare For Anger in 9.09
September 05, 2009
– Comments (6)
Alstry warned you if we continued with our Zombulation Policies, our nation would eventually shut down. Now our nation is shutting down with practically every city, county, and state reducing workers and cutting pay. Our auto companies are bankrupt and closing thouands of dealers. Many of our banks insolvent and closing. Our Airlines and Hotels are in great distress. Builders are bankrupt and independent mortgage companies are not much more than a recent memory.
America simply can't service $40 Trillion dollars of SWAP induced debt without eventually Zombulating the entire nation as more and more debt defaults.
I warned you a few months ago a new trend in America would be Anger. With 16.8% reported unemployment, you know that frustration levels are high. With recent government cuts and much more down the road, the frustration is only going to grow as the jobless rate gets to unprecedented levels.. Many will not be able to service their debt causing even more personal distress and in the financial markets.
We are being trained to get angry. People are visibly carrying guns in public. Others are screaming at their elected officials at town hall meetings. Some are questioning the right of our President to be President.....and now, outrage is being sparked simply because he wants to give a speech about the importance of education to our children?
From an analytical perspective, it is not important why people get angry, what is relevant is that anger is rising.....and when it rises among the masses.....the outcome can be very unsettling.
Never in our nation's history have we or will we face the financial distress being engineered by Benny Bin Laden and his banker buddies. You simply cannot cut off credit to a massively overleveraged swap infected economy and expect anything but disaster to result......and by only bailing out select bankers and bonusing them with billions of dollars.....you emasculating principles of liberty and justice that have never been crossed in our nations history.
There is simply no moral or legal justification for taxpayers bailing out insolvent bankers yet those same bankers tightening credit and raising interest on the taxpayers forcing citizens into insolvency. It offends every fundemental principle of fairness.
No terrorist group in the world could have dreamed about inflecting such massive economic, social, and political upheaval in our country without expecting massive retaliation by the entire nation. Instead, we act with pitiful indifference as anger is directed to health care reform and whether our President should give a speech to our children about education.
Presently, about 50% of our nation's GDP is simply government consumption. An amount of spend we can no longer afford as our GDP evaporates. If we took government consumption back to relative Great Depression levels, we would have to cut government spending by 80% and our economy would likely contract by at least 40%.
With the Wall Street bankers cutting off credit to the private economy, most of our economy has contracted severely. Conditions are getting worse as interest rates continue to increase and credit tightens....conditions will get MUCH worse..... and as government tax receipts continue to evaporate and INCREASES cutting going forward....the falling domino effect is going to converge upon every cornor of our nation.
This is all very foreseeable
Without restructuring the massive amount of outstanding debt suffocating our economy....in a very short period of time we will destroy what took our forefathers generations to establish.
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