Trickle down stimulus doesn't work to activate aggregate demand and
encourage real economic growth because the largely unreformed economic system
continues to divert the bulk of the stimulus and growth to the
top.
Whatever is put in to this great economic machine, the best and the most
is skimmed to the top. This is not a fault, it is a 'feature.'
This is like sending aid to a Third World nation, where the warlords take
the aid for themselves, and allow only a very small portion of it to reach
the people. They take the stimulus and leave the debts.
And then there are the enablers, the professional class. They
must support any regime for it to last. The Fed knows. Most
academics know. Big media knows. Politicians know.
It takes a pliant mind to ignore it, and a devious mind to
rationalize it away. On one hand their brilliance justifies their
rewards and positions.
But on the other hand, when something goes wrong, they don't know nothin'
'bout nothin', and had nothing to do with any of it. There are lots of
fabulously paid CEO's of the public trust, who in reality do nothing and know
nothing, except on paydays when they know they are worth a lot.
These latest ubermench are members of the 'winning
class.' And those others, those losers, are obviously
lazy, and stupid, and not favoured by the god of fortune.
Why should they do anything about it, even for the sake of their own
conscience? Am I my brother's keeper? And the bribes are very
good, very Darwinian. And the positions very piously taken, with
pride.
Why consider the parable of the talents, when we would be as gods?
We will write our own bible, our own parables. And we will believe them.
So they are sitting back and waiting for the little people to do
something about it first, to take all the risks, again. Whether in
war or peace, their cleverness and birthright prevails. Only the little
people suffer and bleed. We are as wolves, and they are as sheep.
And justice is ours, to do with as we will.
Winning.
The Banks must be restrained, and the financial system reformed, with balance
restored to the economy, before there can be any sustainable recovery.
Source: The
most important chart about the American economy you'll see this year
History Lesson
Tsar Nicholas II: I
know what will make them happy. They're children, and they need a Tsar! They
need tradition. Not this! They're the victims of agitators. A Duma would make
them bewildered and discontented. And don't tell me about London and Berlin.
God save us from the mess they're in!
Count Witte: I see. So they talk, pray,
march, plead, petition and what do they get? Cossacks, prison, flogging,
police, spies, and now, after today, they will be shot. Is this God's will?
Are these His methods? Make war on your own people? How long do you think
they're going to stand there and let you shoot them? YOU ask ME who's
responsible? YOU ask?
Tsar Nicholas II: The English have a
parliament. Our British cousins gave their rights away. The Hapsburgs, and
the Hoehenzollerns too. The Romanovs will not. What I was given, I will give
my son.