uncle sam wants a crash

THE GOVERNMENT WANTS A COLLAPSE
Let’s set aside the question of whether the government had anything to do with 9/11. We can all ponder about its role in the Oklahoma City bombing since that was a bunch of dumb hicks, but let a few useless mouth breathers in Americas biggest crap hole get killed and government conspiracy theories are suddenly off limits. The Tech Wreck could have derailed the economy and the onset of Peak Oil meant we needed to occupy the mid east, but of course there could have been no involvement by the government even if that event gave them what they needed. Our government still loves us and is a Republic and still values the Constitution. And now you have made me nauseous.
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But forget about that. Whether the government engineers an economic collapse or just knows it is inevitable and so will make the most of the situation doesn’t matter. In the end the same difficulties for the average citizen will happen. The government knows it has no way out of its current economic dilemma. If it keeps the dollar from collapsing so foreigners will continue to buy our debt ( one of the main reasons we have yet to see a collapse ) the housing bubble will pop. If it props up the housing market by not raising interest rates foreigners will stop buying our debt. It is a lose, lose situation. The housing bubble was engineered to keep the Tech Wreck from collapsing the economy but to keep it going means we lose foreign banks holding up the dollar even though our economic situation should scare away any holder of dollar denominated assets.
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You would think that the government is screwed any way they turn. But that is not true. We have wrung a lot of extra value out of our economy. We slowly but surely let inflation eat into the value of the dollar. Then we slowly but surely sold off our industrial economy to the highest bidder. Now we are playing our last card with military intervention. But that doesn’t mean Uncle Sugar is done. Not by a long shot. By allowing the housing bubble to take down the economy and by foreigners moving from the dollar to other currencies the Feds hold on to power a lot longer.
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Look, a collapse would wipe out more industries. Corporations could move the last of the jobs overseas. From lack of foreign buying of debt, hyperinflation would be allowed. Government loves hyperinflation. It can pay its bills without pain. The public, by and large, will welcome a police state. Plenty of houses would revert to bank ownership which means the preceding years of mortgage payments were free money to the lender. The new bankruptcy law means no one can escape the difference between lowered house values and their original loans. The bank gets the house back plus continued payments. Consumption of oil falls drastically due to economic pain and unemployment meaning a dwindling supply from Peak Oil is less painful. And the military sees a huge increase in “voluntary” recruits as no other jobs are available. More troops for Iraq and domestic rebellion.
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Corporations want their local factories to shut down if their labor and benefit costs are too high. They can still make a profit if China turns out their goods. Look at the meat industry. It used to be a good paying job with benefits. Now, no benefits and one third the old wages. Immigration is the corporations way to mimic China here is this country, so don’t think your job is safe just because they don’t send the beef overseas. And no, corporations are not worried about Americans without jobs not being a customer for their goods and services. That is where the government steps in with “make work” jobs and increased welfare. They can afford it with increased inflation and decreasing welfare benefits ( in real purchasing terms- remember, currently we have an official 3% inflation but a real rate of 10% and COLA is based on the official figure ).
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Hyperinflation will allow government to continue to print new money and screw everyone over with faster depreciation of the dollars they are making. American wages are down in real purchasing power over the last few decades. Expect that to get worse.
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The public will welcome with open arms a new oppressive police state to save their butts from starvation and unemployment. It is already all in place. And has been a steady buildup for generations. The only thing you can do is buy an unregistered weapon and bury it, waiting for the time to revolt. Which is also why you should keep your food stash secret. One drought and a fake famine will have your neighbor narcing on you fast. Just remember, the new Federalized police force and swelling ranks of military to combat unemployment will have the majority approval from the population. You will find few fellows in arms.
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The Federal Reserve controlled banks will be after your home and your future earnings. If they can’t get rich off of the interest paid by tax payers to foreign owned debt they will get rich off the death of the middle class. One way or another the bankers will not be hurting. I recommend gold and silver holdings as a hedge. The dollar will soon be worthless between corporate, banking and government greed.
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As the economy crashes oil use scales back as the unemployed can’t consume much petroleum. Nor can the very poor. Peak Oil is now less of a problem and the military industrial complex can return to making a profit over the corpses of the young instead of trying to secure oil wells. But don’t worry, you or your kids can still join the military ( or starve ). Then you can suppress internal revolt or occupy other nations that still have resources. We are all soon going to become the bitches of the ruling CorpGovBanker elite. Enjoy that mortgage and plasma screen TV while you can.
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