The extraordinary credit-fueled bubbles in stocks, bonds and real estate are popping, and America’s corrupt leaders can just stammer and gush reasons and empty pledges.
Unbeknownst to most people, America’s leadership made a pact with the Devil: rather than deal with the restraints and oppressions of our economic-financial system straight, a numeration that would require tough choices and some sacrifice by the judgment financial-political elites, our leaders selected the Devil’s Pact: substitute the production of asset-bubble “wealth” in the hands of the couple of for prevalent success.
The Devil’s promise: that some thin drip of the trillions of dollars bestowed on the couple of would amazingly drip down to the lots of. This was as noticeably silly as the pledge of immortality on World Earth, however our craven, greedy leadership quickly sealed the deal with the Devil and immediately inflated the best credit-asset bubble in human history.
Instead of trade away one’s soul, America’s leaders traded away the future security and stability of the nation. By refusing to handle the genuine issues exposed by the collapsing monetary frauds in 2008-09, our leaders– both the unelected Federal Reserve and the chosen “finest federal government cash can buy”– picked to bail out the scammers who had actually greased their palms so generously and compromised the success of the lots of to do so.
This is more or less the equivalent of sacrificing innocents at the altar of the gods to make sure the leaders’ guideline will continue to be successful.
The Devil was pleased to serve up the illusion of godlike powers to our corrupt, greedy leaders. The offer looked oh-so win-win: we enhance the leading few percent and offload the costs and sacrifices on the helpless many, who were told that they would take advantage of the trickle of money leaking out of the super-wealthy’s bulging pockets.
Today the Devil is demanding his due: the unmatched credit-fueled bubbles in stocks, bonds and real estate are popping, and America’s corrupt leaders can just stammer and spew excuses and empty guarantees. All this totals up to asking the Devil to renegotiate the offer because now the disadvantage is not simply visible however unavoidable. So sorry, America’s leadership– the Devil doesn’t respond to pleas or dangers. Sorry about that; the deal stands as agreed. All your phony gains and powers will vaporize, and after that the damage actually begins.
How does all this end? In destroy, of course. Our craven, self-serving management might well bleat, “the Devil made us do it!” but that is not real: they fell all over themselves to offer the future stability and security of the nation for the quick-fix riches of bubbles and corruption.
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