NEWS ARTICLES

July 6th 2012, ANDY'S UNPOPULAR INSIGHTS. Today's WSL Headline is, "Central Banks Take Action." What's the Grand Strategy Big Picture?

The Central Bank for all of the World's Central Banks is, The Bank of International Settlements (BIS), in Switzerland.

The BIS warned YEARS before 2008 about the American FED excesses that would eventually cause the Bubble to Burst. The BIS was On-Target years ahead of the totally out-to-lunch Morons at the US FED. Today, the FED half-wits are still clueless. Still NOT listening. Still living on the dark side of the Moon.

In a diplomatic way, the BIS has said that Bernanke's and Geithner's belief that the crash of 2008 was caused, as B & G have said so MANY times, by "A global saving glut;" in a nice way, the BIS has said that's STUPID beyond description.

Four years ago I wrote, "To sincerely believe that today's economic problems are caused by too much savings as Bernanke and Geithner say, rather than too much debt, you have to be living on the dark side of the Moon."

The BIS has AGAIN raised the red flags of a Worldwide Crash. Caused ONCE AGAIN, by the US FED's Greenspan on Cocaine TOO-LOW interest rates, and QuEer Money creation Orgy.

The BIS has said about America, "When interest rates of major economies remain very low, and their Central Bank balance sheets continue to EXPAND. These polices create asset price booms (bubbles) in some emerging economies, and when the asset booms end they WILL have SIGNIFICANT negative repercussions on the major economies."

If you've been a long time reader of my essays, with a good memory. You know that I started saying the same things FOUR years ago.

In 2008, I started saying that: (1) Keynesianism for specific Nations like the USA CANNOT work in what is NOW a world economy. (2) The QuEer Money TRILLIONS the FED Freaks create HAS to Flow OUT of America because America does NOT produce what it consumes. (3) The FED's TRILLIONS of QuEer Dollars MUST flow to smaller economies that produce what America consumes, and "create asset price booms" (i.e. too-much money Bubbles).  (4) Because the FED's Money IS QuEer, and as phony as Three Dollar Bills, the "asset price booms" driven by too-much Queer Money MUST eventually Burst. (5) Because it's a world economy, the bursting Bubbles worldwide WILL come back to crash the US Stock Market again and again, until like Japan's stock market, it goes down and STAYS DOWN forever.

The FED has done the ONLY thing that Washington DC knows how to do - kick the cans down the road into an ever BIGGER eventual crises. Basically, this is what the Bank of International Settlement is saying, and warning against.

The Canary in the coal mine (me) is a nobody. But the Bank of International Settlement is a somebody, and has just agreed with what I've been saying for years.

The US FED has turned itself into the old USSR's Politburo. A collection of cloned brain-dead men. Men who are ALL fanatically loyal to a Dead god - Keynes. Exactly like the USSR Politburo A-holes were loyal to the Dead god Marx. The US FED has become not only the Great Satin to America's Future. The US FED has become the Great Satin to the World's economic future. The FED's QuEer Money has created Bubbles ALL OVER THE WORLD that HAVE TO eventually Crash.

America is the Only country in the world where anyone can sue anyone for anything, and without repercussions. A lawsuit in America has NO downside. Or, use the World Courts. The World's Investors, stock markets, stock funds, corporations, and Nations need to start suing the US FED for: gross incompetence, fraud, malpractice, Madoff  accounting, NOT saying within the FED's legal mandate, NOT saying within the US Treasury Department's legal mandate, and the damage and suffering caused by the FED's TRILLIONS of QuEer Dollar international manipulations and aggression.

WHAT SHOULD THE FED DO? Step #1 is to STOP being Politburo Whore ASS KISSERS. For once - BE HONEST. Hundreds of thousands of Americans died in battle over the last hundred years to give America a future. I had two soldiers die in my arms. How about the FED starting to think about More than only their pensions?

WHAT IS HONEST? It's the FED saying, "Forth years of Santa Claus giveaways by Congress, and the White House, got US where we're at today. For decades America was run like General Motors. The FED can continue to do Madoff Accounting 24/7, and continue to keep kicking the cans down the road. However, the TRUTH is that America's problem are BEYOND THE ABILITY of FED Madoff Accounting to permanently fix. Congress and the White House turned America into General Motors, and ONLY Congress and the White House can make permanent changes in America's Laws for a permanent sustainable recovery."

The other alternative for doing something for America (and the World), is for everyone at the FED to lock heavy chains around their necks and then jump into the Potomac River.