This Week in Fortress America with Johnny
by John Patrick Conway, Jr.
OK. So now that we're down the rabbit hole with our group of 1% Federal whores pissing about in true childlike fashion, I thought it might be a good time to clear the air of some of the smoke and mirrors. I'm not going to go on at length today...yeah, I know you're disappointed but, hey, I got a life too. In fact, I wouldn't be writing this post if our press was doing their jobs by calling out those who've been attempting to muddy the waters by casting aspersions, and lying through their teeth about what it is they're all really after...which is to say, of course, jockeying for power. So in a nut shell lets review.
To start with, we have the primary reason why I'm taking to the web today...hypocrisy. While listening to the news this past week we've all been inundated with a bunch of sissy Republican crybabies pointing the finger of obstructionism at Democrats. This can only be seen for what it is: an insult to the intelligence of the American public. For eight long-agonizing years under the Obama administration the Republicans had made political stonewalling an art form, and only now that others are subjecting them to their very own treatment they, all of a sudden, are coyly acting as though this behavior is unbeknown to them...? FUCK YOU!
I also just love the way Republicans try and get all jingoistic whenever it serves their purpose of attempting to ingratiate themselves with military contractors, somehow liking them to patriotic victims in this week's funding crisis and by all those "un-American, communist-like Democrats" as opposed to what they really are...which is to say this nations greatest welfare state! That's right...eat it, you mother-fuckers! I'm all for a strong military, but we're not getting what we pay for. What we are getting, however, is a minuscule lot of expensive crap that will not perform and/or survive in a real-world all out war. Can anyone say Lockheed F-35...?
Another thing our news media is completely dropping the ball on is our economy. Donald Hump (no, that was not a typo) is, true to form, attempting to lay claim to the soaring equities market. This past week the DOW Jones Industrial Average licked 26,000...as if that actually means anything anymore. I've already covered the elements of this phenomena in my post Navigating the "Smoke and Mirrors" until the other shoe drops...what to do? January 28, 2012, but I'll recap real quick. The DJIA is useless as a barometer of economic health, and has been so for some time. Whenever the business world gets too real for any one of its constituent components, it is delisted and replaced with another...not because it no longer serves as a reflection of economic activity but rather because it is serving as a reflection of economic activity and Wall Street can not have this. The owners of this index now promiscuously alter its line up whenever any of its company's fail to live up to arbitrary expectation. I mean, they're changing companies within this index like we all change underwear so there is no real continuity in tracking economic health.
What is of even greater concern here, though, is that the continuing surge in equity prices we are seeing today is at the behest of ever decreasing trading volumes. As any technical analyst can tell you, this is a classic technical indicator of an impending bear market reversal. And given the relative magnitude in the bubble being created (notwithstanding all the bullshit estimates based upon easily manipulated P/E data) the down draft is shaping up to be protracted.
As always, the only ones propping up the market are the same old players with deep pockets and a lie to sell: Banks, Funds and large Corporations with a lot of skin in the game. Just when Main Street has committed en masse, it will be these same economic terrorists that cash out, slowly at first and then at an accelerating rate, leaving all the suckers on Main Street left standing without a place to sit at the table.
So how all you Democrats feeling now about supporting Hilary? Was it worth it? You know, stifling the only candidate who could have appealed to a commanding portion of the electorate more than our current "stable genius?" Bernie is getting too old now so, if I were you, I'd get...you know what? I'm wasting my time with you. Forget it.
And now a word from our sponsors:
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Copyright January 21, 2018. All rights reserved.