Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
By CoyotePrime (Reporter)
Contributor profile | More stories
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Oh, Yes, It Can Get Worse Than This

% of readers think this story is Fact. Add your two cents.


by David Stockman
Hell is truth seen too late.
– Thomas Hobbes, “The Leviathan” (1651)
“It’s as reasonable an explanation as any you’re likely to hear from Bubblevision, so here goes…Markets sagged early today, as Michael Cohen, the Donald’s ex-consigliere, testified before the House Oversight and Reform Committee. Like most of the nonsense served up by CNBC and Fox Business as well as Bubblevision’s political organs, there is some measure of plausibility to that explanation. Indeed, Imperial Washington is Wall Street’s keeper. And the Donald has taken that particular oath very personally; you can use his Twitter feed to monitor the major stock indexes.
So, when the folks we elect to represent us in Congress allow spectacles such as we saw today, there’s reason to question the long-term viability of the American Empire. This hearing was about “power” and “not power,” just another indication that this ain’t no constitutional democracy anymore. Leviathan has been unchained. And there are virtually no checks left on the growth of the State and the abuse of its powers for self-serving political purposes.
For decades and decades, Republicans and Democrats have taken turns milking the Imperial Presidency for partisan ends under the cover of promoting the public good. So, they’ve taken off their masks of concern and their patriotic costumes. It’s “anything goes” when it comes to the abusive appropriation of the agencies and powers of the State in behalf of reelection. And they threaten to bring the house down on their own heads. They picked the wrong circumstances and the wrong moment in history to stage their naked, unconstitutional battle for political power.
This weak and old “recovery” – and the massive financial bubble surfing on top of it – is a function of misguided State intervention. It’s a product of unending “stimulus” via soaring public debt and massive money-printing. Yet, as we’ve often discussed, no one has outlawed the business cycle. So, it’s certain this “recovery” will end, and this bubble will burst. That’s notwithstanding the coddling and capitulation that may issue from the Eccles Building when the end comes.
This time, the inevitable financial crash and Main Street recession won’t be short-circuited by the bailout brigades. That’s because the Fed is out of conventional ammunition, while even its unconventional weapons are of dubious effectiveness. And Imperial Washington will continue to devolve into bitter partisan warfare, dysfunction, and paralysis.
This time, you won’t hear about Donald Trump bending the knee to ask Nancy Pelosi for a $700 billion Wall Street bailout. This time, there will be no V-shaped rebound. The Tweeter-in-Chief will face a vicious political assault for failed economic policies. A recession-bloated federal deficit will be plunging toward the $2 trillion annual rate. We’ll need a partisan support for the painful measures needed to stem the red ink. But there will be no bipartisan consensus for anything – neither to curtail the exploding national debt nor to stimulate the sinking national economy.
Fear and loathing will prevail. Traders and speculators on Wall Street will be helpless, as grifters and carnival-barkers battle in Imperial Washington. Remember, the Donald is a megalomaniacal street fighter like no other. It’s fair enough to assume that today’s sh*tshow is just a warm-up round for what’s coming…”
Freely download “The Leviathan”, by Thomas Hobbes, here:


Source: http://coyoteprime-runningcauseicantfly.blogspot.com/2019/02/oh-yes-it-can-get-worse-than-this.html



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover -  Reduces Smart Meter radiation by 96%! (See Video).

Report abuse

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.