"I had a job, I had a girl
I had something going mister in this world
I got laid off down at the lumber yard
Our love went bad, times got hard
Now I work down at the carwash
Where all it ever does is rain
Don't you feel like you're a rider on a downbound train"
The lyrics of Bruce Springsteen's "Downbound Train" seem surprisingly up to date. The overall mood of the newspapers is a flatline at best.
Some politicians take it a step further and blame the society where they are the ones at fault. that's a major attempt to cover up if you ask me.
e.g. the British who comment on the recent incident. They are shameless and blamed these incidents to the downfall of moral standards....and consequently blamed the people. Who are they kidding? and why doesn't anybody ask the big question: "What is the cause of the downfal of Moral Standards?"
Bruce answered that question partly in 1984: the economy. (But we knew that)
The second part was answered much longer ago by Plato in his book "Politeia". After predefining Referent Malthus' ideas about imperialism Plato comes to the Creation of Class Differences that he thinks should be the basis of civilization. Soon after he comes to the conclusion that the elements of Economy are the same as of the Human Psyche. 1) Rationality, 2)Irrationality and 3)Anger. My point is that the current economic system has evolved from Rational to Irrational. Politics and Narcism have tried to keep it from degrading to Anger by giving the masses what they think they will need to keep quiet, Food and Play.
It is all too obvious that Food prices are outrageous and Play is heavily taxed. Not to mention the idiot programs that aim to please only the lesser IQ's.
Consequently number 3, the peoples Anger, comes next.......
(Economics isn't all that hard if you perceive it as psychology..)
It is a shame that politicians are solely interested in raising their personal bank account while it is the voter that gets crushed by the exact same system that they are forced to believe in.
What kind of behavior can you expect if the politicians are the rolemodel for limitless self endulgence, deception and out right theft.
I believe Alan Greenspan was right in his 1966 paper "Gold and Economic Freedom", in which he described supporters of fiat currencies as "welfare statists" intent on using monetary policies to finance deficit spending.
It all becomes clear why Bernanke was elected. He likes to work the money press....economic crises.....inflation.....and deficit spending!
