Thursday, October 2, 2014

OUR VIEW

https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcRDcfu43sJqbMY5S3E9y64chC9fpp7gXqNij4l6pwIUqGw3s_3QFor a long time people who warned of elitist efforts to create a one world government got slammed by MSM and their apologists.

And to be exact, it's still going on. But for those who care to look the evidence is more than clear. Here's just one example from 2012 http://www.thedailybell.com/news-analysis/3629/EUs-Prodi-Admits-Leaders-Knew-Euro-Would-Cause-Ruin-but-Hoped-Political-Union-Would-Follow/.

It's almost impossible today even reading what most read, MSM palaver, not to see it. As they say, the bold get bolder. For a while MSM tried the subtle approach, but that didn't take fast enough, so  hand picked, "Yes.Sir!" politicians like Bush and Obama get shuffled to the fore.

Part of the MSM lore is to make voters believe there's a difference. There isn't. Collusion is a fact of like. The recent evidence that the Federal Reserve and Goldman Sachs are really Siamese twins in drag should come to mind.

That Congress in the late 1950s outlawed insider trading but omitted, you guessed it, members of Congress or more recently the Obama grand health insurance hoax that likewise omitted members of Congress and there staffs is some more evidence for those who need it.

And we're not even scratching the exterior here. That MSM's latest efforts to convince the rabble that U.S. debt has meaningfully declined since the stock market rally is another case of popular hoodwinking from the likes of the entrenched.

Global debt levels are exploding and even stodgy media shills like the IMF know it. Today Blackrock Chief Larry Fink blasted bureaucrats, central bankers and regulators for flapping their mouths without taking any of the responsibility for what they've created.

"Actually, if you look at the behavior of central banks, they've rewarded the debtors and crushed the savers."

Blackrock has more than $4 trillion under management. Implied in Fink's comments was the elitist attitude of these people with they constant scolding of markets as if they alone are above it all. Fink singled out low interest rates and tight regulations as part of the problem.

He concluded that he expects it will take longer to turn the EU mess around than most think and that interest rates will stay low longer than many believe.

Couple that with Chicago Fed President Charles Evans' call today for "patience on" raising interest rates, calling it "...a really challenging issue."

What most of this is telling you is the odds of the Fed's--despite all the concerns to the contrary--staying too long at the party grow daily.

That's our view. We hope you know yours.
t. man hatter








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