America is seizing up before our eyes, and the action necessary to reverse the sclerosis is stymied at every turn by rapacious unions, government micro-regulators, dependency-spreading social engineers, and crony capitalists who know how to weave their way through the bureaucracy. _ Mark Steyn
Maybe Mark Steyn was just having a bad day when he wrote those words. Can things really be that bad? Dr. Nouriel Roubini, a world-renowned economist and also known as “Dr. Doom” for correctly predicting the 2008 burst of the housing bubble and the world-wide recession, is now seeing My ‘Perfect Storm’ Scenario Is Unfolding Now.
In May, Roubini predicted four elements – stalling growth in the U.S., debt troubles in Europe, a slowdown in emerging markets, particularly China, and military conflict in Iran – would come together to create a storm for the global economy in 2013.
And then economist Carl Weinberg says it is Time to Throw in Towel on Euro Crisis.
“What Euroland needs is a king to knock together heads of all the princes of all the provinces, or rather nation states, to do the right thing for the kingdom. No King is apparent, so no hope of an orderly end to this mess is likely,” Weinberg said.
Last Friday I wrote a post about how the word’s biggest banks were manipulating the LIBOR interest rates. Now we learn from CNBC that these same banks have probably been manipulating the prices of gold and silver.
“It is effectively an intervention in two ways; one would be the fact that for central banks, gold and silver going up doesn’t make their currency look any good, and secondly a number of the big commercial banks have very large short positions which they like to manage and make easy money from,” he said.
And, just to show that it is not only the Big Boys that are screwing us around, there is this story from Breitbart. If you are hurting for money, you nay want to consider moving to Wisconsin where you can make $90,000 a year baby-sitting from the “Wisconsin Shares” welfare childcare program.
In one instance, research conducted by the Milwaukee Journal Sentinel found that four sisters with 17 children bagged $540,000.00 in taxpayer monies since 2006 by simply staying home and babysitting for each other. The most shocking part: it’s perfectly legal.
The world really is a screwed-up place. Maybe it always has been. It is amazing that good honest people are sometimes able to succeed when the system is being gamed by so many at the top and the bottom.
Well, that’s what I’m thinking. What are your thoughts?
Original Post: Conservatives on Fire
[...] We Live In A Dysfunctional World [...]
Eventually it has to all come crashing down or go up in a raging inferno, it simply cannot just go on and on like this.