My question was rhetorical, as a background to the rest of my post.
You see, I was saying here, over two years ago, that this thing was REAL and so serious that it could lead to something WORSE than the depression. Everybody thought I was nuts. Heck, on an emotional level, even I sorta did. But the facts were the facts, history is history, and the government is every bit as dumb and corrupt as it was back in the day.
They are proving to be even more so today.
This is gonna get really bad if they don’t pass the bailout.
It will be even worse if they do.
[This is gonna get really bad if they don’t pass the bailout.
It will be even worse if they do.]
Niether the rock and the hard place, nor our present location between them, are coincidental.
[YURI BEZMENOV:No they serve purpose only [up] to the stage of destabilization of a nation. For example, your leftists in [the] United States; all these professors and all these beautiful civil rights defenders. They are instrumental in the process of the subversion; only to destabilize a nation. When the job is completed, they are not needed anymore. They know too much. Some of them, when they get disillusioned - when they see that Marxist-Leninist come to power. Obviously they get offended; they think that THEY will come to power. That will never happen, of course; they will be lined up against the wall and shot.]Soviet Subversion of the Free Press (Ideological subversion, Destabilization, CRISIS - and the KGB)http://www.freerepublic.com/focus/f-news/2095202/posts
[The strategy of forcing political change through orchestrated crisis. The "Cloward-Piven Strategy" seeks to hasten the fall of capitalism by overloading the government bureaucracy with a flood of impossible demands, thus pushing society into crisis and economic collapse.]
1. The first stage being "demoralization"2. The next stage is destabilization.
3. The next stage of course is crisis.Soviet Subversion of the Free Press (Ideological subversion, Destabilization, CRISIS - and the KGB)
http://www.freerepublic.com/focus/news/2095202/posts?page=1
This is precisely what I have concluded.
It is not a matter of optimism or pessimism.
It is just the facts.
The Housing Bubble has created a great deal of false value that is being reset.