House of Paine

eve throws out a floating inner tube

i rerad this screed of the secret stat bureau more carefully
 
up front i say to u
 
follow not this wild ahabian skipper 
 
take this gaap biz
 
a real  fun house mirror  duck shoot
 
these  long range numbers dance like goblins
      on even  slight changes of assumptions
 
recall:
 
 
there's lies
 damn lies 
and accounting
 
right ?
 
well long range accounting
 
is the enron accounting of  enron accounting 
 
get me ?
 
its like a ouija board 
 
--------------------------------
 
okay
 
heres an example
 
of wild sensation
replacing necessary alarm 
 
there are only
      two solutions 
         to  a future leading to 
                                seriously under funded fed programs:
 
 "The first solution is draconian spending cuts,
 particularly in Social Security and Medicare,
 accompanied by massive tax increases."
 
where have you seen this in black and white carefully laid out numbers
 
a  news story has to be good and compelling
 
but you ain't in the science fiction biz iz u ? 
 
"The needed spending cuts and tax increases 
are so large as to be political impossibilities"
 
the numbers do NOT show this
 
want my klass warfare response to the bush reagan burden shift?
 
a wealth tax
dedicated to debt service
ie
large enough to carry the deficit
 
trump tax stuff only
not as a pay off
but a lending klass burden recycled to the lending klass
 
 
as to where all this hysteria about fed deficits leads
it leads to
 
chicken littling 
 
which has only cash value 
to  the elephants 
 
remember your own "starve the beast" piece
 
this  wild hodooing
  is making 
the battle cry
 
"  KILL THE BEAST "
 
kill the gubmint 
 
and as that 
 BATTLE CRY...
GETS
 LOUDER AND MORE URGENT 
THEIR  
CALLS TO DESTROY OUR  FDR-LBJ
                  TAX AND TRANSFER SYSTEMS 
           get more compelling TO HOI POLOI 
----------------------------------------------
 
* In the absence of political action,
 the second solution is tacit bankruptcy,
with the U.S. government facing some form of insolvency 
within the next decade or so. "
 
IE THE US IS LIKE A GIANT NEW YORK CITY CIRCA 1975
 
PART WHOLE FALLACY  
 
 
"Shy of Uncle Sam defaulting on debt,
 the most likely eventual outcome
 is the Fed massively monetizing
 the U.S. debt, 
triggering a hyperinflation."
 
THATS LIKE SAYING 
GET READY
    FOR WEIMAR  AMERIKA BABY 
 
NONE SENSE !!!!!!!!!
 
" U.S. obligations then would be paid off
 in a significantly debased and devalued dollar 
at literally pennies on the hundred dollars"
 
THIS IS WHY I ASKED IF THEY ARE OFFERING YOU GOLD BARS 
 
it all
 reminds me of my late father 
 
bored and restless
  with the day to day torture of real exploitation and oppression
 
he     dreamed up   huge branigan s
 
thats what made john of patmos 
 
---------------------------------------
 
listen mr whitney 
there will be no  dollar hyperinflation 
 
not tomorrow not next year notin ten years
 
not  till
uncle gets licked in a world war 
if ever
          he does get so licked
 
 
short of that 
 
if anything  super bad happens here 
it will come as 
a hideously brutal 
         slow squeeze deflation
a pleb blood drain
that would make us all wish for hyperinflation
 
like a hurricane ending a drought 
 
we may well head into
a set up
like the japanese have faced for 12 or so years  
 
but whatever may happen out there in the real world
 
     before you go on the record here
 
before u set up shop as a wizzard 
 
remember
       your very well deserved rep 
 
  your huge volume 
  of right on  anti empire calls
 
( which
       having read some
                            of it 
    is why i 
              so presumptuously
           eee-ed u 
           when i saw you moving into
                      high financial seas )
 
 
don't fall for the  gold dust twins stampede  here 
 
we all know the wally worlders:
 
they are 
  always  long of knife
   and 
at times 
even crucial times
         short of brains
 
but the imperial dollar going into a bottomless nose dive?
 
no way
 
not just the fed 
but every central bank on earth will make sure that don't happen
 
amerika is the drunkin monster at the wheel
all right
 
but never mistake its prospects 
for those of any other player
at the table  
 
not argentina not the euros
or arab oilers
 
no body 
 
uncle hegemonik
may well crush his homees with a hideous house lot value collapse
 
but monetizing trillions in t bonds ?
 
forget about it