More and more investors and those who serve as the watchdogs of the stock market and the U.S. economy in general say that the nation has withstood about all of the stop gap measures, quick fixes, and shoestring makeshift rigging it can handle. CNBC, the New York Times, and others reported these observations today. The election of 2016 may turn out to be remembered more for a collapsing economy than who gets elected president, although the latter issue becomes more important than ever as the economy continues to slide deeper and deeper into the abyss.
To note that Barack Obama and the ultra progressives are primarily responsible for our current woes is laughable, a lesson in raw, uncontrollable rollicking on the floor with cartwheels. This blatant, in your face statement of the obvious is approaching guffaw territory. But the reality behind the words are too true, too serious to laugh. When the economies of the major nations of the world are frightened by what they see in the U.S. economy, and when even Silicon Valley insiders say openly that the party is over and no money is available to jump start the party back into prosperity, then you know that observers are not engaging in scare tactics. Something is on the way this year that may well rock the very economic foundation of the country to its very soul.
This collapse will dwarf that of 2008. The nation never really climbed out of the recession except for the deft sleight of hand maneuvers of the Obama Administration in giving its economic, joblessness, and inflation reports with all of the smoke and mirrors it could muster. The reports that are fed to us monthly are designed only to make you feel better so that you will continue to support programs the government is implementing. That way the ruling Party gets to stay in power with the blessing of the people. The people do not realize, however, that they are being duped. And then the realization suddenly strikes without warning that the ship of state is sinking fast. This is the moment of crisis at which we never knew what hit us. But the ruling class and fascist styled business conglomerates have made sure they got theirs. They will also be the first to bail as the rest of us are shell shocked, wondering what on earth is going on. Thus, what Hillary is proposing will not work, Ask Obama. And what Bernie Sanders is proposing will not work, either. Just look at Europe or Cuba.
It is no small thing that CNBC, not alternative alarmists, is sounding the warning alarm. So are the Chinese markets and a dozen others around the globe. Goldman Sachs is worried. Oil investors are very worried. Some are even so worried by what they see coming that they fear informing the public. Some have already begun to move their retirement funds off shore. And the central banks say there is no money left for reinvesting in America since they have squandered what had been available for bailouts.
But the issue is not establishing blame though some of that is necessary. The issue is who is the best choice for president to meet the crisis head on, tell the American people the truth, and hold crooks in government and large corporations accountable for working in tandem to pillage, pilfer, and plunder the nation’s wealth with no scruples whatsoever.