OK, so I am trying to sort out the events of the last several months with tongue only slightly in cheek. The lame duck Republican government is buying the banking industry and making the national government an owner in order to save their rich friends. Isn’t that Republican Communism?
And the current economic crisis started a year to a year and half before its declared cause. Is that a cause with a grandfather clause, a collision with a reverse time universe, or the death of cause and effect as a linear time concept?
Further more the crisis is caused by the over extension of credit to everyday citizens who cannot pay it back, but the obvious sign of recovery will be when they start freely obtaining and using the credit again. Is that knowing a disease is cured by observing the recurrence of symptoms?
People have told me for years that I am talking pure foolishness to say that a government with the right to print money with no absolute trade-in value to account for can never be broke as its major problem — that if the lack of money is truly the largest economic issue, then you print currency. The US government did exactly that in the current bailout! SO, imaginary cyber-funds can be replaced by real paper currency of no concrete value as long as the public is convinced that both have value?
The news constantly reports the reaction of Wall Street to all of this by detailing how the day’s activities consisted of buying or selling. Do we now live in a world where you can do one of those activities without another entity doing the other? Of course I know that it matters who initiates the transactions for the result on prices. But, we speak of them as if it is now possible to have one without the other.
My bellwether for sanity in all this? I will see some sanity in the system when we start requiring that people who work for a living are paid enough to afford life’s necessities and the amount of extras required to be sold in order to maintain the economy in which we choose to operate. There is an interesting twist in the middle of that if you think about it. But, high school teachers have been proclaiming it as an economic fundamental since the Depression. Workers must be able to afford to buy the items their industries produce.
So, if you wish to keep your billion dollar CEO position, you need to lower your salary and pay more to the people you climbed over on the way up. Or the conservative government can use communistic methods to bail you out for awhile. Just, whatever else you do, do not read skellig michael! The material posted there will cause you to consider the inescapable fact that we are rapidly consuming the resources of a finite planet with nowhere else to go. Do not visit the rest of the world or you will find out that while we play money and word games the rest of the world is already running out of everything and can be expected soon knocking on our door. Don’t think about it too much. Its all absurd anyway, isn’t it? Lets just keep fiddling and see how the fire turns out!
peace