That was 2003, before the uneasy feeling crept in that they were perhaps on to something. They were, of course, and if you weren't completely disabused of the illusion of American righteousness by the end of George W's reign, you really weren't paying attention.
I mention it because it's happening again. And in a bigger way. People may vaguely mistrust the big banks, Ben Bernanke, and the American political machine, but they either don't understand enough or don't care enough to see what's really happening.
Let Karl Denninger illustrate it for you.
There's an implicit warning in what's going on over in Egypt today, as if this spreads through the Middle East, and it very well may, and radical elements get their hands on all the nice weapons we sold these nations under the premise of being a "friend" to America, you might want to think about what happens if the Middle East oil conduits get shut down, and whether that might create some "interesting" dynamics HERE in the United States.
Are bad things coming to U.S. shores? Maybe. Luckily, in the United States we're taking steps to keep the rich and powerful safe from the hungry masses.
Get in line, folks. Your TSA scan is waiting.
2 comments:
Karl is one of my chief sources of financial information and one of my favorites!
You tell people what the Fed really is, how it really works and they write you off as a conspiracy theorist even though it's fact. People don't want the truth because it's inconvenient and gets in the way of their trinket happiness (iPod, xBox, American Idol, etc). The people won't care until it feels to late. That's when it will get interesting.
Idiots rule....idiots.
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