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Wednesday, 26 January 2011

SOTU (the State of the Union). So WHAT?.............from Rico

The political party that calls the 'other' party "the Party of NO" should itself be named "the Party of we're NOT telling you."

I wrote this yesterday, but instead of sending it waited until after the SOTU address to see if my 'guesstimation' of the current crop of low-lifes would be proven wrong. It wasn't. The lying thieving bastards just can't speak plainly or talk straight, but I understand completely...if they did there would not be enough tar & feathers or enough rope & trees, so it's clearly in their self-interest to NOT tell us the truth.

Here are some things UNSAID which some politely call 'spin' and others call 'lying by omission' (just NOT telling us):
- QE-1 didn't work and spending $1.75 trillion dollars did not accomplish a thing.
- The $12.3 trillion dollars the FED spent or loaned since the 2008 meltdown accomplished nothing (unless you're Citi, B of A, or Goldman, Morgan et. al.).
- QE-2 (continuing monetization of US debt) never identified a maximum but only a minimum of $600 billion in additional FED purchases of Treasurys, and it never identified June 2011 as the end of QE-2...it was only said that a target of $600 billion would be spent BY that date, not that this was an end date or they would stop buying/spending.

...............are you starting to catch on yet? Get it? Here is some more:

Shadow Stats (John Williams is the real deal and a mensch) calculates the REAL numbers the way they were done by the USG in the 1980's-1990's before O.D.D.I. (official data distortion and intervention) and M.O.P.E. (management of perception economics) became Government Policy and practice. [for kool-aid drinkers read: BOGUS numbers, lies]

BOGUS REAL
1.5% 8.91% annual Consumer Price Index
9.4% 22.4% unemployment (only 47% of working-age Americans have a full-time job today)
3.25% <1.44%> GDP annual (shown as 'growth' when it is in 'decline' ....negative)

George Orwell was a genius ahead of his time.
Both U.S. political parties amply demonstrate Orwellian double-speak (freedom is slavery, ignorance is strength, etc.) and the sheeple continue to be told everything is getting better and going to get better. Double-plus GOOD!
The populi thus convinced, the rape of the common tax-payer by the taxs-penders on behalf of the tax-eaters merrily continues unabated.
More Government and more freeloaders will NOT solve this problem. Having spent all of our money, we are now spending OPM (other people's money) at a parabolic rate which cannot be sustained.
- Maragaret Thatcher had it absolutely correct when she commented that the only problem with Socialism was that eventually you run out of other people's money. Uncle Sam is broke and borrowing heavily, what happens when 'other people' quit loaning this deadbeat their money?


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