Oh what a tangled web we weave, when first we practice to deceive. – Sir Walter Scott
QE1, QE2…and now ladies & gentlemen, they bring us Operation Twist! We couldn’t be further from the moorings of morality and integrity if we were standing on Mars! This guy Shakespeare had it right as well, “Neither a borrower nor a lender be; / For loan oft loseth both itself and friend. / And borrowing dulls the edge of husbandry.” But who needs Scott and Shakespeare when we have Krugman and Sunstein?
Virtually every decision being made on the economy, foreign policy and energy are all predicated on lies and false promises! “Kicking the Can” has become a foundational strategy! This is because the liars and thieves who make up our Ruling Class are little more than a band of Progressive Pirates who dismiss Scott, Shakespeare…and God, in favor of their own social stew. Can we smell the aromas wafting from this kitchen yet my friends?
The sea levels will rise! You’ll get to keep your own health insurance! There will be no American boots on the ground! Lie upon lie upon lie! Unemployment will not rise above 8% (IF) you give us a TRILLION DOLLARS! And this is all in the wake of the decisions made by the very Intellectual Elite who’ve led us to this mess to begin with! Yeah, screw Shakespeare! Lets’ loan everyone with the letters A-Z in their name the money to buy their own home, zero down and no income verification! It will be our Hope & Change preview. (Come to think of it, Obama never told us what the interest rate was going to be on Hope & Change did he?). And all of these same Pirates…Geithner, Dodd, Frank, etc. are the same folks who brought us Healthcare & Financial Reform….Can’t wait! Can’t you smell that smell coming from the kitchen? I’m sure dinner will be ready soon…
So now here we all sit, trapped in THEIR web…waiting…TWISTING. Have we learned our lessons from ’08? What’s that? The Head Chef says something is missing…(can anyone say QE3?). So lets see if we have this straight…we lent money to individuals who could not repay their loans which led to the worst financial meltdown in history. And now we’re about to loan money to entire countries who can’t repay? What are next, entire continents? The word madness seems to fall short somehow. Greece has a debt ratio of 150% of its GDP, no growth plan AND they have taken none of the “belt-tightening” steps they had agreed to a year ago in order to qualify for additional loans. But we’re going to give them more money anyway!
You want to hear something funny? My band is playing a large regional Tea Party event next month. A good friend had recommended a sound man because the guy we usually use wasn’t available. Do you know what he said to me? He politely declined saying, “The Tea Party is against everything I stand for.” Pretty funny, huh? Whew!