Whatever Happened To Natural Selection?
NOW: The government has infused something like $180 billion into AIG, which only has a market capitalization (value) of around $25 billion. ARE YOU KIDDING ME? It has just become known that both Citigroup and JPMorgan Chase each have trillions (with a T) of credit default swaps (toxic assets), in fact, both have more than AIG by factors of 2x and 3x respectively. ARE YOU KIDDING ME? This sounds more like “survival of the shittest”, rather than the fittest! Our government is defying the laws of nature, rationality, fiduciary responsibility, morality, and many others.
Last Wednesday, the Fed announced they’ll be expanding their balance sheet by another TRILLION dollars. “Expanding” means they’ll be rolling fresh new dollars off the printing press to go out and buy our own government bonds, since the Chinese, Japanese, and Middle Easterners probably no longer will. With PBO (President Barack Obama) on TV almost daily “spinning” another program, flanked often by Geithner and/or Bernanke, it’s obvious the full court press is being applied to cover up the real threat to our system. That being the ongoing sacrifice of the US dollar, household, family, values, and lifestyle. There is no other way to understand the eventuality of the course of action we’re being dragged down, IN OUR HUMBLE OPINION! Continue reading