Culture of Life News

Bush's Speech Is Meaningless But Hu's Speech Is Scary

The news from China is interesting today. They are changing direction. No question about this. The world banking system is still in crisis as bankers pretend they have infinite resources yet they must borrow from each other all over the place as they shift funds like mad trying to give the appearance of liquidity. The Federal Reserve has decided to inflict terrible inflationary losses on all savers as it tries to save the madcap 'consumer society' of reckless American spending.
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Explaining Inflation Statistics And Housing

Panic and hysteria continue as markets react wildly to any news tidbit. It seems obvious now that the US government and the Federal Reserve will wave their magic wands yet again and save everyone from the messes they made in the first place. Does this mean reforms? HAHAHA. Nope. It means more funny money! And more than one reader has sent me emails with links about how the inflation rate is manipulated. Of course, it is fake most of the time except in one way: it crushes people on fixed incomes and the weaker members of the working class as will as being the chief engine behind our ballooning trade deficit.
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Japan's Homeless Mirror US Homeless

Most people are drooling with anticipation the expected plunge in interest rates as the Federal Reserve rescues our economy by magically making money and then giving it away as free gifts. Any time a banking system gives money away for less than it is being inflated by that bank, we get currency devaluations and domestic inflation that can be brutally killed via crushing the lowest classes literally to death. Japan has interest rates well below the rate of inflation and proof of this is, the yen is constantly being devalued! They present a fiction of falling prices via very brutal crushing of the lowest classes. And China demotes Jin, the finance minister.
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The New 5 Year Boom/Crash Cycle

Stocks went up and everyone who put us in this economic mess now are convinced old Santa Bernanke will follow in Greenspan's footsteps. We will now enter a foolish cycle of sudden rises and sudden falls in interest rates that have no connection with reality. And indeed, I will prove that this has been so since the middle of the Vietnam war when Americans voted for Guns and Butter. We have been dining on this toxic dish nearly all my life. And it is bankrupting us gradually. This slow descent into financial death is now going to speed up if Bernanke pretends inflation is less than 4%.
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Bernanke Will Drop Interest Rates To 4%!!!!!

BREAKING NEWS: BERNANKE WILL DROP INTEREST RATES TO 4%! ARRRRGH!
As expected, markets overseas echoed yesterday's panic on Wall Street. Ever since the .com crash, investors have begged wizards to write new spells that create instant wealth. The wizards used two spells: the 'let's exploit Chinese labor even more' spell and the 'let's create pre-Great Depression investment trusts of various sorts' spells. Both no longer produce easy wealth because the basis of both is piling on debts in the Western empire's populace. The last gasp of this long process of indenture came when Greenspan had to lower interest rates 4% below the real rate of inflation which caused the balloon we now see going bust. Today, I talk about SIV funds, another goofy creature created by these magicians.
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DOW Fell Over 250 Pts Which Is Panic Limit

Stocks went down the same drain half a trillion dollars were flushed. Falling 280 points, the Market's board of directors paused from the Jackson Hole in the Pocket picnic to debate closing the market for a holiday. They just might do this tomorrow. This is an ongoing disaster that has clear mirror-perfect similarities to the Great Crash and Great Depression. No wonder our rich idiots running this mess removed virtually all the laws and regulations passed back then!
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Have A Merry Amerithrax!

The hysteria over the Iranian Kitty rises. The numbers of war criminals running amock in America, making further threats against a small nation are increasing. More than one reader has asked me if we will be attacked again. Of course, we will be attacked again. The people running America have done this in the past and will do it in the future. This is how they keep in power. The CIA has a very ugly history of black ops actions against many governments and the one thing our rules hate above all other things is democracy which is why they hate Iran Kitty so much.
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PANIC, Part III

As I keep saying, the Dragon is very angry. And all the talk about the Fed dropping interest rates and weakening the value of the holdings of this dragon, it will not support this but figure, it is time to strangle the US golden goose and kill it off once and forever. The panic in the world stock markets resume as everyone realises this harsh reality. Bad housing news hits hard but this is the fault of the media spreading fake cheer all over the place just a few days ago. They will paper over this mess and 'save' the markets...again. But they can't do this to infinity despite the boasts. The Dragon will NOT allow this.
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What Lola Wants, Lola Gets...No More

Over half a trillion spent on goosing up the markets and there was less than two weeks of happy hysteria then reality returns and markets drop. The people destroying the economic power of the West aren't done yet. They can give this dead market a few more expensive jolts of electricity. But the debt ratios in the West are all nearing to or over 100% GNP. This means the economic rule of the European and American empires is about finished. The picnic at Jackson Hole this week is really a panic. The Bank of Japan is speaking there and will explain how to 'fix' everything, HAHAHA.
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Super-rich Brats Complain About Cheap Bernanke Santa

After deliriously rising on the news that the big housing developers managed to sell new houses last month without inquiring as to how they did this deed, the markets are now in danger of fainting away due to the very bad news that existing housing is collapsing in value and sales. And the happiness in Japan will also vanish as they contemplate the possibility their number one chumps, the US, will go under. And everyone wonders if the magician, Bernanke, can pull a hell hound out of his hat instead of a skunk.
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