Title: It's Time for America to Find the Courage to Accept the New Realities of the World.
Author: Andrew M Molchan
Date: Tue July 3rd, 2012
July 3, 2012, ANDY'S UNPOPULAR INSIGHTS. Today's WSJ Headline says that the US Economy is Slowing. You get Three Guess as to What Washington DC Will Do?
As my regular readers know, I've always said that Doctor Ben FEDkenstein's experiments, to bring life back into the DEAD Body of Keynesiamism, would FAIL.
After FIVE Trillion Dollars of FEDkenstein Queer Money over the last four+ years, the US Economy is GOING DOWN.
The "Three guesses." in the above headline is an inside Joke. Nobody needs three guesses. Every "Problem" in Washington DC has exactly the Same "Solution." Make the problems BIGGER, make the failed wars larger, and Expand all of the unworkable projects.
The politicians are screaming, "We need MORE Queer. We need the FED Queers to really Pump It UP."
It was only 21 years between the end of WWI, and the 1939 start of WWII in Europe.
It was only 45 years from the time that the USSR Red Army destroyed the German Army, and marched into Berlin; and when the USSR economically fell apart in 1990.
The USSR economically falling apart in 1990 came as a total surprise to: the CIA, Pentagon, Congress, The New York Times, Harvard, Dan Rather, Tom Brokaw, Peter Jennings, and so forth. But not to me. I had decades earlier read the works of Hayek and Solzhenitsyn predicting the economic fall of the USSR, and the WHY of the Fall, and I could SEE they were correct.
In 1990 I predicted that the USA would eventually BECOME the pre-1990 USSR. Too much BIG Government, too big of a military, and trying to run systems that are too large and have delusional objectives. I said that the USA (like the USSR) would destroy itself trying to change basic human genetics with ruinously-costly socialist engineering. I predicted that the USA, would like the USSR, fall apart economically trying to become Teddy Kennedy's socialist plantation. 22 years later that's still my prediction - and the USA keeps getting closer and closer to making my prediction true.
The pre-USSR was like America is today. The "Solution" to every proven failure, and failed war, is the same - make it bigger.
Many Americans could See what's happening a little clearer if they renamed the FED, "The Politburo." The Politburo, like the FED, also had a Rancid Economist as its god - Karl Marx.
MY POINT IS that Keynesianism theory goes back to 1936, that's 76 Years ago. Today, it's a radically different world.
In 1936 Keynesianism WAS Valid for the British Empire and America, But NOT Today. Keynes was an Englishman, but TODAY England is NOT following Keynesianism. The English are trying to Cut Expenses, and that IS the correct economic plan for the current world. On the other hand, the Bernanke FED Viagra Gobblers are 40 years PAST their discard-date.
Bernanke and the FED keep saying, "This is what Franklin Roosevelt should have done." YES, that's true, what the FED is doing now IS what Roosevelt should have been doing 76 years ago. However, the FED fanatics (and their Jim Jones Kool-Aid followers) need to open their eyes and look around. It's NOT 1936 anymore.
All of the FEDkenstein's Queer Money has been an attempt to take America BACK to an America (and WORLD) THAT'S DEAD.
MY POINT for the last four+ years has been that the ONLY thing the FED's Queer Money does is make it possible for Congress, the White House, the Democrats, Harvard, the left-wing Media, etc to NOT Change. To NOT accept the new REALITIES of NOW.
The left-wing dream of America as a giant Teddy Kennedy socialist plantation IS DEAD. America is NOT the world. America is already de facto bankrupt. The current American delusions are making America WEAKER with each passing day. America needs to follow Germany, England, and even China, and BURY Keynes' dead ideas next to Marx's dead ideas.