the hype, the crap, the gall

I have been watching the news of late and the last couple of days has reinforced what I already knew. That the Media is the Fourth Estate of the American Government. The reason I say this now comes from Excited and flourished reports of "shrinking unemployment", "rising wages and salaries" (dunno where they came up with that one but,,,,) and an increase in positive activity in the stock markets.


Yup, things are improving.


Maybe if you don't pull your head out of the sand and the headphones out of your ears and open your eyes to reality.

I had to question EVERY STINKING THING THEY SAID!

One place I go, especially for economic stuff, is John Galts site. I went there yesterday after hearing the pile of fecal matter on unemployment. Of course, his charts were a bit more illuminating than just some words out of a pretty face on the tube.

They were pretty honest about the lack of growth in the housing market. Hard to lie about it when everywhere you go, you see for sale signs that are quite covered in algae and vines, due to the fact that many have been there for a year or more. Hard to hide the Cookie cutter communities that lie empty and half built, and have for a year or more.

All of the Hype, and it really smells bad. Yet it seems that people eat it up and call it good. I still don't get that.


But why? They were doing a turn around, albeit slowly, over the last couple of months. Slow like glacier activity, but it was at least progress over the Complete liberal hashish flavored crap that they had been shoving down the tubes the last 3 years.


Black Friday.

Thats the only answer that I can come up with. They wanted to inject a feel good attitude into the gullible masses, to help shore up an increasingly unstable economy.


Alright, I can see it but it still makes me feel like this is going to go down much much sooner than any of us will be comfortable with. I may gripe that it can't fail fast enough, and many days I wish it would. Truth be told, It scares the literal hell out of me, even knowing its coming. I think the 'not knowing' when is the worst part of it. That and knowing that 99.9% of the population has not one clue. (the fact that Wal-marts Lot was so full it was backed up three lights AT 3AM IN THE MORNING! says a lot. Yes, I go to work at that time, I saw it with my own shocked eyes.)

Wednesday, China and Russia entered into a trade agreement that does not include using the dollar as a base. China has the will and the workforce, Russia has mass resources. Both have rather cumbersome military. No matter how you look at it, it doesn't bode well for the U.S. Especially when you realize that this agreement just gave our dollar an nice little Dump in the creek. IF, and its a big if, we get out of this without losing half of the country to those two giants, we will have done damned good. I just don't see our Teleprompter in Chief being able to do it. He spent every ounce of political clout in the first two years. He is really just an empty shirt now.(not that he ever wasn't)

I am keeping an eye on developments from that(chicom/ruskie treaty) N. Korea and of course what the Federal Reserve plans on doing next. I will guarantee you this, another QE from the Bernak and we will be literally flushed out of the world economy and on our own. There are far too few people that have the skills needed to bring our manufacturing and agriculture back up to pre 1950 level to keep 50% of this country alive. We don't have enough oil wells on our own soil to keep the pace of our current infrastructure alive. And there is NO WAY, the gooberment can get it on track fast enough EVEN IF they pull ALL of our troops back and instill martial law in every major city, town, village and eyeblink intersection in this country to keep the peace.

But you all know this already.

It's a coming, just a matter of time.