2010 New Year Wish: Survive, Recovery, and Reform
By Daniel at 17 December, 2009, 9:46 am
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All across America families are huddled around their kitchen tables on a cold, dark night in mid December of 2009 trying to figure out how they are going to survive the consequences of currency debasement induced commodity price inflation and a jobless recovery in the coming New Year, all brought on by the greatest theft of a country’s wealth of all time…the blank check bailout of the nation’s wealthiest banksters who nearly crashed America’s financial system with their unbridled greed, incompetence and arrogance the year before.
And all the while a bright, warm glow shined forth from a grand ballroom on Wall Street in the middle of that cold, starry night. If you listened closely, you could hear the echoes of “easy money” Ben’s FOMC statement from the day before that reminded all the hour was late and the orgy of feasting on the remaining wealth of the American taxpayer, lavish bonuses and multi million dollar salaries was almost over for now…but no one wanted to listen.
As has always been the case at such parties, and always will be, no one wants to be the first to leave for fear they might leave a dollar on the ballroom floor but they grow increasingly nervous for fear of being crushed in final rush out the door.
So, to the tune of “Auld Lang Syne”, the crowd of banksters looked nervously at the clock as it neared midnight, watched the stock market ticker and cursed their puppet, “easy money” Ben for the reminder that the piggy bank of the American taxpayer is almost empty and sadly, for this time around anyway, the party is almost over.
Let’s hope they saved enough to pay the tab for their big party at our expense AND have enough left to throw a few crumbs our way in the form of consumer/business lending to fuel an actual recovery in America during the coming New Year.
Happy holidays and good luck to all!
- StraightTalk
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