nourishing obscurity

Here’s the Wiki entry on Shadowstatsdotcom and Lorimer Wilson is a financial analyst. Apart from the prattiness of putting up a “you must be logged in” to even quote from the article – it’s just an article, after all – it does quote some good things:

The intensifying economic and solvency crises, and the responses to both by the U.S. government and the Federal Reserve in the last two years, have exacerbated the government’s solvency issues and moved forward my timing estimation for the hyperinflation to the next five years….

The U.S. government and Federal Reserve already have committed the system to this course through the easy politics of a bottomless pocketbook, the servicing of big-moneyed special interests, gross mismanagement, and a deliberate and ongoing effort to debase the U.S. currency. Accordingly, risks are particularly high of the hyperinflation crisis breaking within the next year.”

For those who hope for change, we’re sorry to inform you that it isn’t coming, because it is too late: “The U.S. has no way of avoiding a financial Armageddon. Bankrupt sovereign states most commonly use the currency printing press as a solution to not having enough money to cover obligations.

The alternative would be for the U.S. to renege on its existing debt and obligations, a solution for modern sovereign states rarely seen outside of governments overthrown in revolution, and a solution with no happier ending than simply printing the needed money.

With the creation of massive amounts of new fiat dollars (not backed by gold or silver) will come the eventual destruction of the value of the U.S. dollar and related dollar-denominated paper assets,” says Williams.

The collapse of the U.S. economy shouldn’t affect us but it will, of course, because we’re locked into a global fiscal system and when they go down, we go down.  Yesterday this blog made reference to the time factor in all of this.  The EU is rushing to tighten the noose and achieve integration because they’re well aware of eurosceptic feeling here and of the high profile of some of the campaigns.  They’re also aware of the ECA and 1688.  They are moving to shift the constitutional debate onto EU home ground.

It’s just as arrogant for us to say we can simply walk out after this has been signed away as it is for them to be perpetrating this on our country in the first place.

But more than this – the global backdrop must be looked at.  We do not operate in a cocoon here in the UK – we’ve made deals, concessions, borrowed IMF money and made agreements with BIS backed financiers.  We’ve put our country in hock and what are we going to do now?  Renege?  Be downgraded to BBB, just above junk or what?

Huge egos and partisan politics

Norman Tebbit made a comment yesterday which uncannily echoes the exact words of the LPUK leadership. “An Englishmans Viewpoint” asked my view of The Albion Alliance. Well, it just has no traction. Better Off Out has done more in this field, but this approach will not go very far.

Better Off Out was the Conservative driven initiative and this highlights the fact that everyone out there wants to push his own barrow; that became exceptionally clear in the Free Nick Hogan campaign, as F2C tried to muscle in at the last minute to claim the kudos.

We couldn’t care less about who gets there first, as long as we all get there. For a major figure who should be supporting such a campaign as the Albion Alliance [on the grounds that he believes in the principles] to virtually say: “I’m not giving you any traction, therefore you have no traction, therefore my own group has achieved more than you,” is bizarre, to say the least.

If the people who are fond of saying we have no traction were to support giving the people a voice rather than throwing a wet blanket on the efforts, for their own party political reasons, then we’d get the referendum, get out of Europe and then get down to tackling the problems of this country.

Not playing the game

Let me go back to Leonard Cohen:

You cannot stand what I’ve become,
you much prefer the gentleman I was before.
I was so easy to defeat, I was so easy to control,
I didn’t even know there was a war.

I’m sorry if my language is intemperate or I don’t pay my dues to my superior politicos or pundits who are so far out of my league that I shouldn’t even be blogging about them, in their view.  I’m sorry if giving the people a voice has “no traction”.  I’m sorry that a party leader won’t support a cause because someone else said cruel things about him.  I’m sorry if supporting a voice for the people offends my superiors so much.

Pardon me but I thought supporting a voice for the people was … er … sort of the thing we were trying to achieve here.

Clearly I was wrong.

Filed under: Politics & economics