CHS just wrote a brilliant pc...

[gates]

http://www.oftwominds.com/blog.html

[olgier]

Some of us came to that conclusion awhile ago. While we can't explain it, and lay everything out like he did, the conclusion is the same.

[gates]

He does have a way with words...

[chrsdwns]

For this reason there will not be any hyperinflation until there is at least one more steep decline in asset values that allows the cash flush scumbags who have brought us to this point to convert their cash to hard assets by buying Americas distressed assets at pennies on the dollar.

They will do this with money from the "stimulus" and bailouts of the financial scams they pushed off on the rest of us and use this money borrowed from American people to buy up Americas assets on the cheap. Of course our creditor nations will get into the act as well with all of the cash they sitting on.

We get our choice of being owned by Soros and who ever else is pulling Obamas strings or the Chinese or the Saudis. Whata deal

When Obama talked about income redistribution we all assumed it was redistributed down from the middle class to the "poor".

What is really happening is that the middle class income and wealth is getting redistributed up to the political elite and the rich and well connected ruling class while poverty is being redistributed up to the middle class.

It's called the destruction of the bourgeois, it's intentionally engineered and it's the central focus of Marxist - Leninist transformation of a democracy to a Marxist based authoritarian, totalitarian system of government, perhaps with an Islamic twist like in Iran

Venezuela is a case study in the Marxist take over of modern rule of law democracy by political intimidation, vote buying of illiterate welfare dependant voters, voter fraud and the use of street thugs as shock troops and enforcers.

Sound familiar? All that is missing is the open use of Brown Shirt street enforcers, but they are working on it. This perhaps could explain importing 80,000 Islamics into the United States in 2011 via Presidential Executive Order from the PLO, Hamas and other similar orgainizations to further "The Peace Process"

Welcome to Hope and Change Obama style.

Nov 2 is perhaps our last shot at reversing this via ballot box.

Even now the Democrat vote fraud /vote buying machine has become so bold it's working in the open and not even trying to hide what's going on. If Democrats maintain control we may never see a free and fair election in many places in the country.

In Arizona, on the Phoenix PBS station, one of the Democratic Party insiders dismissed Ruth McLungs chances of beating Raul M. Grijalva (D) for Arizona's 7th Congressional District and assured us Raul would win again despite Raul's huge negatives due to "Grijalva's NOTORIOUS political machine"

[Bama Steve]

Why does the old Southern term of "Carpet-bagger's" not sound familiar at this point?

Are we not near a similar point or is everyone completely stupid?

[Eric Bryant]

Originally posted by chrsdwns
Nov 2 is perhaps our last shot at reversing this via ballot box.

Who is on the ballot this election cycle that will stop the flow of funds from the middle class into the pockets of the elite? Considering that this trend has been going on for the better part of 3-4 decades, I don't see one or two Tea Partiers being very successful at reversing the trend.

Until the American people snap out of their hyperpartisan mindset and start believing that nearly every politician has screwed them out of their hard-earned money, we won't see a damn thing fixed.

Something like this didn't just happen since 2006, or 2008:



Fortunately for the Power Elites (I really like CHS's term), they have been quite successful at creating a bunch of boogiemen to absorb the considerable anger of the displacement middle-class. If class warfare comes to the US, it will be between different factions of the middle and lower classes, and the Power Elites will sit back and watch with smirks and smiles.

[TheJokker]

had you been reading... not so different from my position...

he predicted a fall in the price of oil in may of 2008 although he did not identify the bursting of the euro bubble as the trigger.

dollar depreciation leads to a collapse in demand and bursting bubbles (in china) prompting a strengthening of the american economy. sound familiar? chs sounds more or less on the same page as moi.

throughout much of our history wealth has been concentrated at the top; nothing really new. the constitution and the republic moderates somewhat the power of the wealthy over the working classes.

[gates]

Jokker at this time - I think it's a crapshoot - the Fed is on one side debasing, the consumer is on the other watching their buying power/ability erode - shall be interesting to watch...

[Skilter]

Very good... and Part II is up today...

...and I believe it makes my point in our other thread on inflation and deflation.

But, ultimately I think we all agree... The one thing that is absolutely unpredictable and can affect us all is how the political elite and the financial elite will act in their fight for power supremacy.