WELCOME TO FR!
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Ted Cruz is fond of saying “You lose 100 % of the battles that you do not fight.”
Our sorry Congressional RINOs have perfected this guaranteed form of losing to an art form!
Since, on average, only 20 % of a population participates in a major Revolution, it seems that your statement is 80 % correct, so far - - - .
Being honest, we know that employment has NOT improved. Supposedly, the FED was holding off on easing QE until employment improved.
They know as well as we do that the employment situation has not really improved.
Their plan was to pull back on QE, which as we know has inflated the stock market but held down their benchmark inflation items (not the inflation that matters to people food, fuel, and consumer goods costs.)
So, with a terrible economy, near record numbers of people not working, and record people on food stamps and unemployment, Bernanke wanted a course that would deflate the stock market, cause the national debt payment to skyrocket, and cause general inflation to rise. Bernanke gets replaced by Yellen. She supposedly still likes the QE route. The other Fed directors don’t, supposedly, but she’s Barack’s pick.
Will she reinstitute QE to keep the stock market humming until after the mid-term elections, or will she begin the easing which will tumble the economy? I think it depends on if she supports Hillary, and whether it’s better to let the blood flow in 2014 or to hold it off until 2017.
The economy is terrible, but masked by an inflated Stock Market and chicanery with employment numbers and other government numbers. To let inflation go crazy would impoverish the lower middle and middle middle classes.
What is their game? Do they want revolt, the justification for a coup, a convention rewriting the Constitution, or just to suck off immense wealth and power for themselves?
If the wealthy and powerful can get rid of that pesky need to play within the rules of elective government in a republic, then that might be their endgame. But they know that a new aristocracy will also have intrigue until one emerges as the top dog. Perhaps they believe that will be them. Perhaps they want a ruler, whether called the “dictator of the proletariat” or simply Your Highness. Perhaps they want this in an eventual one world system.
What I’m convinced of, though, is that they want radical changes in this system and the current power structure. Economic policy is one way, they think, to bring the current system to its knees and eventually to its waterloo.
Thank You! Lets be lovers!
Too bad the people we pay to fight these battles are not doing their jobs.