bad news is happy news

BAD NEWS IS HAPPY NEWS


Oh, Good Baby Jesus, this is beyond priceless! The Greek riots are turning deadly and their military is making noise about a take-over. One presumes that if the government sells its future to the global banker cartel the Generals will ride a tank or two into the capital building to officially voice their protest. Now, don’t get me wrong. The financial ebb and flow of Greece is of no importance to me. I could give two craps if those folks are wallowing in poverty or gallivanting about in a pile of gold. What captures my interest is that this could, god willing, be another fatal stab into the bankers side. Bankers, like lawyers, do provide an essential service in advanced economies, but the price we always end up paying them far exceeds the service they gave. In the end, I’d be more than happy to see both professions see all its practitioners hang from street lamps ( in OTHER countries of course- I would never advocate any kind of violence against our domestic masters ). Remember little old Iceland? They essentially told the central bankers to take a flying hump. Now, it seems that Greece is going to do the same thing ( I’m writing this on Tuesday lunch, so pardon the holy living crap out of me if events change before you read this ). If we remember that the nearly quadrillion bucks in derivatives globally only need a very small fraction of that total to default to crash down the whole edifice, we might have here a reason to lick our chops. Could this be the bankruptcy ( Greece might be saying, screw our credit rating, it beats paying half our incomes to the US and English bankers ) that starts the avalanche? Thou who lives by the financial sword so shall perish by it, mother humpers.

*

Now, you don’t find anything in the mainstream media about the end of the derivative market, do you? Even if/when you do, it is all soft serve dessert instead of the cold hard stink of the turd it is. First, normal people don’t look at life through the doomer lens. Recessions are the reality, not literal meltdowns. You can’t expect folks to share our fear ( hell, I can’t get most of my minions to share in the fear ). Second, investigative reporters are not made of the stern stuff of yesteryears Watergate and The Pentagon Papers. They aren’t paid enough, with the corporate pink slip always hovering, that anyone is going to serious endanger themselves for hard news. Reporters are propaganda regurgitators. Both because anything else is above their paygrade and because that is what the boss wants ( its cheaper ). Also, if I use the worst data to draw doom and gloom conclusions, why wouldn't they use the best to support Pollyanna conclusions, right?  It’s not a huge evil conspiracy, it is just the normal subconscious fear of admitting their reality is either pulled from their butts or from The Rabbit Hole. And money pressures. But, whatever the reason, all the bad news is in actual fact happy news. Five years after Peak Oil happens, even as fields are showing double digit declines, and the media is admitting Peak Oil is out there WAY out there in the future. Like twenty years ( never mind in twenty years we are crashed, burned and fighting each other for rat skin pelts with chunks of concrete rebar [ plenty of easy access rebar since the concrete nowadays is subpar and will crumble easily ] ). The Japanese fallout is mild and just the same as normal background radiation. The oil spill is only a few barrels a day. But my point today is not to point out the medias flaws. We did that not too long ago. Rather, look at the financial news. If the media is reporting, at worst, that the double dip recession recovery is stalling, what is happening in reality is our financial collapse has been underway for years without let-up.

*

Always assume the media is reporting 180 degrees from the truth. Today I was reading about North Korean mini-nukes and EMP. And the “near-miss” at the Nebraska nuke plant. I translated that as meaning, look at this distraction about terrorists, a fabled threat to mask all the other crap, and the East Coast is already glowing in the dark. I might be wrong, of course. But I’d wager I’m closer to the mark than the official news. The front page screams Korean EMP and the back page casually remarks about the Greek military. Which is most important? The Greeks. EMP attacks, solar flares, asteroids, all those likely but theoretical threats, they are a smokescreen. The real threat is here, now. The financial meltdown continues. Forget the media tales of likely threats in the future. Our financial reality is already a nightmare and getting worse. You want to stay in the city to earn more money to help with preps? Money is worth less every payday, literally, and we are just waiting for the tripwire to blow up the bomb, whatever and whenever is unimportant, to crash down the whole damn thing. You seriously need to stop living as if money is a security blanket. That bitch is already soaked in kerosene and waiting a spark. Sure, sure. I panic too much. But ask yourself, if 2007 was the first cave-in and all we’ve done since then is keep digging the hole deeper, how can we NOT get buried for good very soon?

*

Remember, Rome, near the end, had worthless money. As soon as it wouldn’t buy commodities, the collapse began in earnest. The farms were abandoned or infertile, taxes were too high, the military was stretch too thin. Many factors converged at one time. We are a mirror image. Worthless money wouldn’t normally kill us off, but coupled with declining energy, declining empire, declining food supplies, it matters a whole hell of a lot. Other money crashes took place in growing energy environments. How do we recover this time? But, still, at least the bankers will get their comeuppance.

END
The Official Bison Web Site http://www.bisonpress.com/

*
My e-mail is jimd303@netzero.com
*
Anyone can submit a guest article. No minimum word length, no writing skill necessary ( just get the idea across ). You retain copyright ( this must be your original writing ) and I’ll just use the once. I’ve yet to turn down an article, just don’t use the N Bomb or libel another that can sue me. Send by e-mail ( please, label as “guest article” so I can find it easily later ). Payment will be your removal from my enemies list.
*
By the by, all my writing is copyrighted. For the obtuse out there.
*
Please support Bison by buying through the Amazon links in each article. You can purchase anything, not just the linked item. Enter Amazon through my item link and then go to whatever other item you desire. As long as you don’t leave Amazon until after the order is placed, I get credit for your purchase. Thank you.