What’s this “we” sh*t, kemosabe?

From the post:

And the problem is clear: while you and I and the other readers of this blog are not the problem, we — by which I mean this country — we are the problem.

As DRJ said a couple weeks back, insults get old. Comity gets old, enthusiasm, ..

Sicko and I are just pissed at this ‘Runaway to Fight Another Day’ hokum, recycled once again.

74. Is on the money. Toms Cole and Coburn may well be as safe as the Earth’s iron core, they will never be worth spit in a fight.

And trust us, a storm gathers.

Uh, how about the little matter of Herbert Hoover and then Franklin Roosevelt raising income taxes on all Americans, but, even more so, on affluent citizens right up to the confiscatory level of 70-plus percent? Roosevelt even wanted to rocket taxes up to above the level of 80 percent. Moreover, all that brilliance took place in the few years following the effects of the great stock market crash of 1929.

http://www.zerohedge.com/news/2013-01-18/guest-post-money-velocity-free-fall-and-federal-deficit-spending

This is no trough in the business cycle, this is no descending staircase of depression, this is looming global financial RESET.

The GOP is afraid of their own shadow.

http://www.washingtonpost.com/opinions/charles-krauthammer-a-new-strategy-for-the-gop/2013/01/17/e751be18-60d3-11e2-9940-6fc488f3fecd_story.html?wprss=rss_opinions

Money quote: “Want to save the Republic? Win the next election. Don’t immolate yourself trying to save liberalism from itself.”

Aye, there’s the rub. Lose all 3 branches to save your Republic deserting pension.

http://www.thegatewaypundit.com/2013/01/new-jersey-town-considers-ban-on-flying-us-flag/

Seriously, is there a bigger sh*thole stateside than northern NJ? EPA needs to outlaw open urban trashheaps. Good riddance.

This is what we voted for.

NOT ME.

We have become a horrible, lazy, soft, whiny, petulant bunch of good for nothings, combined with a bunch of people too ignorant to care.

What’s this “we” shit, kemosabe?

that you can have healthy economic growth, without the booms and the busts without a sound currency;

??? It was efforts to maintain a “sound currency” that created 3 of the worst busts in American history:

1) that of the 1830s (brought on by Andrew Jackson’s Specie Circular in 1836),

2) The 1890s (belief in a sound Dollar – the depression only ended because gold was discovered in the Transvaal (South Africa) in 1897 and in Alaska in 1898) and,

3) The Great Depression of the 1930′s (made much much worse after 1931 by attempts to remain on the gold standard, which had to be given up in the end. And it was created in the first place anyway by the Fed. Benjamin Strong died and nobody was around to make any course corrections.)

Speculative booms are not ended easily and gently, and if somebody wants to end it, they are going to have to quickly recreate money to replace the money that’s being destroyed.

Anything that is traded can be come the object of a boom and treated as money.

On the other hand, periods of prosperity are associated with creating money out of thin air – that’s the reason wars were historically associated with prosperity, when logically it should be the opposite way.