Think about
what we are witnessing here – The nation is addicted to cheap money as much as
it is addicted to hedonism and vice and yet the Fed cannot pull the plug or
more aptly, cut off the supply of the drug for fear of killing the patient. Our
political leaders cannot cut a measly 2 pennies out of a dollar’s worth of
spending without telling us that Armageddon is about to occur; the madman
running N. Korea is working on intermediate range nuclear missiles and is even
disturbing its only ally, China by so doing; Gasoline prices are topping $5.00
in some locales; Social security tax increases are hitting the entire working
population and further scrimping already dwindling disposable income; health
care costs are going UP not DOWN as we were assured that they would be once the
grossly misnamed “Affordable Health Care” act was deceitfully rammed through
Congress; we’ve got surveillance drones flying all over the damned country
spying on us and yet everything is just peachy keen…
I have said
it before and will say it again as much as it pains me to do so; America is
going the way of ancient Rome as surely as the sun rises in the East. The Fed
is doing the modern version of coin clipping. What is next, price controls
under edict of death for merchants who hike them? No worries however – the
stock market is rising so all is right with the world. [...]
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