Whither the Stock Markets . a Response to Paul Klugman.

Oh, the liquidity IS there .. for armament manufacturers and the governmets that need to pay THEM. Have a look around and see just how high the price tags on these weapons systems are, now much it is going to cost us all to have THEM control us with RFIDs, eyeball scanning, surveillance cameras, and on and on … there are vast vast vast sums of money to made off the byproducts of WAR .. including paying people to do psyops, counterintel pro activities .. and those companies (which include Checkpoint, the mercenary Blackwater, KBR, Halliburton, the Carlyle Group, and on and on)are doing right well thank you! Just as Exxon Mobil is making a KILLING keeping all them jets fueled, the military bases heated and doing VERY well at that; the last Q4 profits for them were the highest posted in human history! WOW!

What does this have to do with the collapse of the housing bubble? Well, folks, they mortgaged America to make it possible to keep issuing all those lovely Treasury bills and the dopey yuppies in the Great White States, just keep coming up with new structures to deliver the ca$h to create ever new and wonderful manufacturing plants for ARMAMENTS and running think tanks to figure out how to control everyone who disagrees with the utter control of weapons producers. There’s a “new kid” on the block; it’s the huge huge plant making every type of weapon, figuring out how to build a nuclear perimeter around everyone and control all the neighbors down the block, each one ratting out the other!! Have a gander over and take a look at say, for instance, the ever growing Raytheon ...

This could turn out to be nothing more than a brief scare. At worst, however, it could cause a chain reaction of debt defaults.

In my opinion, this could be the GREATEST thing that ever happened. Hard on many many folks short term, very freeing in the LONG term. But with the profit system firmly in place, who’s paying attention? This PANIC is an opportunity for folks to finally grasp the picture, a real walk around the “neighborhood” is obviously the next step … I don’t think anyone is going to like what they see, EVEN IF their neighbors and family are working for some "defense" conglomorate.. It’s SCARY …

The ruling elite whose biggest profits come from the ARMAMENTS INDUSTRY feel themselves flexible and liquid enough to keep investing in production of war materials .. that's where it's at for them.

The origins of the current crunch lie in the financial follies of the last few years, which in retrospect were as irrational

They were not irrational at all. The rationale being “do whatever it takes to keep the war industry going .. these ‘dupes’ will never “get” it . “
and they didn’t . .
and most still don’t.

Obviously, the House of Saud, the Bushes, Henry K, PM Brown (who controlled the UK purse strings for YEARS), BAE and a host of others clearly saw the rationality of what was going on and encouraged it every bit of the way. You can bet your last dollar they will continue to back the war machine, too! They have a PLAN, and it’s not benefit you or I in most cases.

investors also snapped up high-yield corporate debt, a k a junk bonds, driving the spread between junk bond yields and U.S. Treasuries down to record lows.

Well, yeah, of COURSE they did . and the smart money now has moved onto mining stocks or if they haven’t, “well, that’s their loss” is the REAL thinking on the part of the ruling elite controlling the war industry. They’re redecorating THEIR homes with new fixtures in Moscow, in London, in DC and NYC, in Argentina, whrever their fancy takes them and their huge sense of ENTITLEMENT takes them .. and as the "landlords" in our global city . they are throwing US, and other inconvenient “useless eaters” out.

Progressives need a very fast course in REAL PEOPLEnomics very very fast.

Write your local paper NOW to show them we are not all duped and ask that their financial "gurus" who write stop printing misinformation as they parrot one another.  It probably do any good, but it might help YOU feel better as the US empire gets away with financial murder too .....