SIC SEMPER TYRANNIS!!!
Mark Matheny
May 1, 2011
As Americans fixate themselves with royal weddings, pop icons, and other trivial distractions, most of them seem to be unaware of the severity of the overall U.S. financial crisis.
Max Keiser certainly is aware however, and sheds light upon the truth behind America's imminent decline. The IMF has recently dropped a "bombshell" in a Marketwatch.com report saying:
"China's economy will surpass that of America in real terms in 2016."Max Keiser explains that the average American is in a "cult" of blindness to the crisis unfolding around them. The mainstream media as well as the White house teleprompter continue to dispell a venomous potion of "recovery and growth" that appears to be keeping Americans from facing the grim reality coming upon our once great nation.
Max believes that the United States will acknowledge China's emergence by handing over ownership of Fannie Mae, and Freddie Mac to the People's Bank of China. He says that although most close their eyes to this fact, the transferal has already begun to take place. The reason for the blindness, he says is:
"..because it might upset the popular delusion in the madness of crowds driving attendance at the theme park-like assemlyline of self-actualizing, can do attitude that has given us such triumphs in popular culture as Idiocracy and Jackass."The analogy he uses is that of a cult where its members may follow blindly, without questioning the leader or the motives of the movement itself. Those in the cult mentality will either not see the true derangement of their situation, or they will simply refuse to accept the reality of their delimna until it is usually too late for them.
While the S&P was putting the U.S. Credit on "Negative Watch", the Dow closed at three year highs. Max explains this financial feat by saying:
" Well most of the volume on the exchange, the S&P 500 to Dow Jones, as we've talked about... is driven by robots. By... high frequency trading bots, courtesy of folks like Goldman Sachs. ...Goldman Sachs has servers parked next to the exchange, and they put in millions of trades every single day. They steal a hundred million dollars on average per day, and this is keeping the prices artificially high, like Wile E. Coyote, shortly before he plumets down into the canyon, in his quest to capture the Road-Runner."He states that in this case however, "the Road -Runner is being eaten by China, and America is plumeting to its death, into the canyon of Never-Neverland."
The program goes on to show in news headline after headline how that there are still several of those who have faith in the dollar and the "recovery" simply because they are brainwashed with the cult message being put out by the mainstream media and White House propaganda. It quotes an article titled The Economic Abyss, which said:
Over the past few years, mainstream analysts have shown a tenacious blind faith in the U.S. economy and the dollar that goes far beyond religion to the point of mindless cultism.We as Americans have been indoctrinated by the media, educational institutions, and government to believe that our financial prosperity is assured ad infinitum. Of course there are those who have never fallen into the trance, and then there are some who have awakened to the reality that their belief and faith in this delusion was just that - an illusion. The dangerous part of all this is the fact that the cult has a growing membership as people are pulled in by the lies given as promises and assurances of hope and security through a jobless, debt-ridden recovery!
Max states that the emergence of the White House with Wall Street is even more insidious than fascism.
"Here we've got three hundred million Americans who are worshipping this idea of American style freemarket capitalism that doesn't exist, they support market manipulation on Wall Street, and they're all going to die as a result. Now that's less than 5% of the world's population - it is 25% of the woirld's garbage -so the rest of the world will breath a sigh of relief, but, as far as those living on the inside, they don't really understand that they are being used as cult fodder."Banks around the world have been extending debt, which Max compares to the tide which goes out from a shore, and then washes back in as a tsunami taking everything in its path. Unfortunately, for those with the cult mentality of recovery and growth, they are the ones who are gullible enough to stand ashore gathering seashells while the tsunami of austerity and taxes crush them. Recently the IMF stated that the world's banks now face a $3.6trillion dollar wall of maturing debt within the next two years, and these banks will have to compete with governments that are also debt heavy, in order to secure financing.
Max goes on to state his belief that, as a result, a world currency is soon to hit the world stage with SDRs, ran by the IMF and World Bank, and that people will be paying world, country, state and local taxes to a Global Central Bank ran from somewhere in Europe. Many Nations around the world as well as financial institutions are dumping the USD for hard assets and commodities such as silver and gold. Max argues that gold and silver have presently become a "defacto world currency" now that fiat currencies are being pushed aside as a Keynesian failure.
As the economic collapse unfolds, I believe it is a duty for those not in the cult, to awaken those still entranced by educating, and being active in your local political processes, as well as preparing your home for the tsunami coming soon.
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