Where Are We In The Social-Economic Cycle? Part One.

I’ve seen a lot of nonsensical commentary in the last few years.  The 2008 crisis being over.  The economy being the best it has ever been.   These are golden years.  I just read headlines a few days ago that we have had the greatest decade in human history over the last ten years.   Most of this comes from the Republican and conservative media.  Oh, there’s just as much rot on the left but that’s not the intent of this post.

The Wall Street Journal recently reported that the Federal Reserve has pumped half a trillion dollars into our banking system in the last four months and no one really understands what is fueling this massive crisis.  But, as noted countless times after the 2008 crisis, which was anticipated and called on here just days before the collapse, there is no recovery.  There never will be.  Without the massive powers granted to the Federal Reserve after the 2008 crisis, we could very well be in the same banking system collapse as 2008.  But, instead, we have assets at all-time highs thanks to endless Federal Reserve (and other central bank) money creation to bail out the most rotten, fraudulent global system of control in human history.  That is, the U.S. corporate empire and its fealty states including India, China, Europe, Japan, South Korea, Canada, South America, Mexico and on and on.  Interestingly, the one state that isn’t a fealty state is Russia.  Although, as noted many times, Russia is also a shithole of rot. 

What the f@ck does it mean that Trump colluded with Russia?  Seriously?  I’m no Trump fan but give me the specific, exact, documented evidence of exactly what Russia did.   And, give me the specific, exact, documented evidence of how it impacted our nation or our election?  Did Trump give the nuclear code keys to Putin?  Did he give Russia the software required to hack U.S. elections and steer 50 million voters to Trump?   This is all bullshit.  Or, as Matt Taibbi so eloquently wrote, this is part of a coup.  Actually, there are a lot of parallels to what both the Republicans did to Clinton and the Democrats did to Trump with the actions of Julius Caesar when he essentially used force to turn Rome into his own self-serving empire.  This should be no surprise.  As noted countless times, political parties are systems of control.  Or, as George Orwell noted, in the future the only loyalty will be to the party.  What Republicans never tell anyone is that Orwell was a democratic socialist because of exactly the hierarchical systems of anti-democratic control, including corporations, he witnessed in his own country of England. 

More propaganda by the U.S. corporate state.  In Russia, the media and the government mockingly prod the U.S. media and Democrats that Trump is on the payroll and they made this or that decision for Trump. 

If you read my posts when I was hammering them out on a regular basis over the last 14 years, you understanding my perspective on the current socioeconomic system.  It’s not an opinion or belief.  It’s a perspective based on complex system analysis, sociology, history, etc.  And, as noted countless times on here, none of my anticipated outcomes have changed.  It doesn’t mean all of them are accurate but I have seen nothing yet to change any of them or make any of them invalid. 

The overarching theme on here is that we are in a cycle of volatility.  That statement was made well before there were any cracks in this system.  A system of nearly perfect evil.  Volatility always precedes a change in trend.  There is ample evidence the state’s preferred system of control over the last 500 years, corporate capitalism, is in permanent and systemic failure.  And, so are all of the institutionalized systems needed to support it.  With the Federal Reserve balance sheet at nearly $5 trillion in toxic garbage bailing out Wall Street and corporate criminals, and pumping half a trillion into it in the last few months, my comments about no recovery are indeed very accurate more than a decade later. 

As an example, the casino we call the stock market.  People question if the stock market is going higher or lower.  As noted on here, the question one should be asking is if the stock market will disappear.  If corporate capitalism disappears, why wouldn’t its funding institutions like the stock market?  It’s not necessary to a functioning, democratic, free-enterprise economic system.  (As noted on here countless times, the stock market is wildly more overvalued than at any time in U.S. history. Wildly more so than before the 1929 stock collapse of 90-ish percent.)

Before I get to the post in part two, let’s digress for a few moments and look at a few recent headlines. 

The Repo Market is Broken and the Fed Isn’t Fixing It  (BAHAHAHA.  The Federal Reserve created it.  As I noted in prior posts, eventually the Fed’s actions would come home to roost.)

Noted in a link above, the US is in a permanent coup  (This is my surprised face. The Democratic Party, a registered institutionalized corporation, in concert with the left media, more registered institutionalized corporations, and the anti-democratic, anti-transparent corporate police state forces of the institutionalized FBI, the institutionalized CIA and the institutionalized military hierarchy, yes the military, are subverting our democracy.) 

The FBI and media are shitholes of rot  (And, the media and FBI are what are being used to impeach Trump.)

Corporate-run healthcare now costs $20,000 a year for a family of 4.  Again, as noted when the Obamacare passed, this was a bailout for rent-seeking corporations in the medical-industrial complex.  Our society looks much like the British empire in 1776.  Debtor’s prisons and poor houses everywhere of rent-seeking corporations and the hierarchical, institutionalized establishment.

Pete Buttigieg has a work experience problem.  He worked for despots and anti-democratic corporate masters with capitalism’s consigliere.  Interestingly, many of his Democratic debate talking points come right out of the corporate capitalism guide on how to break democracy and enslave populations.

Manufacturing in the US is dead  (Don’t kid yourself with the post-industrial economy horseshit. The U.S. has more manufactured goods than at any time in any history of any nation on earth. We have so much manufactured junk that we created thousands upon thousands of storage facilities as a business to put all of the shit we can no longer fit in our house or our business.  It’s just that our foreign, fealty-state slaves are manufacturing it for corporate capitalism.  Wealth is created by making things. We don’t create our own wealth.  We steal it through violence.  Just like the Roman and British Empires.  But rather than outright war, evil has learned that is too messy and has too many uncontrollable consequences.  So, instead outright war has been replaced with the domestication of humanity into permanent slavery. That would be you and me.)

U.S. corporations needs more slaves so let’s keep the borderless immigration sham going   Mind you, Hillary, Joe Biden, Michael Bloomberg, the Chamber of Commerce and countless others are on the record for stating this too.  (I’ve written ad nauseam about the immigration mess being caused by corporate capitalism. First they need cheap immigration to work as slaves to produce things. Since we produce almost nothing anymore except toxic industrial food, which immigrants make for us at slavery wages, we still need a flood of new consumers to place into Wall Street debtor’s prison to fill up the real estate bubble’s apartments and houses, to buy more TVs’, cars, clothes and iPhones. Otherwise, corporations would collapse.  That’s why immigrants now get paid more money than many American workers in corporate state handouts.  These government are really bailouts for corporations. )

The Myth of the Skills Gap  (This sham is perpetuated to hire cheap H1B immigrant white collar labor,  more cheap immigrant labor and offshoring our democratic economic determinism.)

America’s wealth isn’t wealth at all.  It’s all borrowed.  (Self explanatory.  If you don’t make anything, you have no wealth to trade. Our wealth is stolen or borrowed.  Government transfer payments and total debt have exploded since our economy peaked around 1980.  Again, discussed countless times.  If you back out all of the financial shenanigans, including the go-go 1990s of Wall Street wealth selling profitless companies to pension funds and uninformed consumers, our economy busted long ago.) 

Real U.S. debt could be 2,000% of economy   (As noted many times on here, corporations can only exist in perpetuity through the extraction of rent.  And that applies to all corporations not just financial ones.  Capitalism relies on rent extraction and always has from its time of being a rent extraction scheme for kings, lords and dukes.  They have stolen everything from most.  The endless horror stories of poverty and inability to pay bills in this nation are true. All you need to do to see it is leave the corporate enclaves and gated communities.)

China’s new social credit system (Youtube investigation by Australian news)   Interestingly, the U.S. is headed the same direction.  Surprised?  Hardly.  FastCompany.com had a story how the U.S. was doing the same thing with the help of Silicon Valley but the story was pulled weeks after it was printed.  The link is still there with the story title but the story was removed.  In order to force people into a system of violence (hierarchical institutionalization) the state must create a culture of fear as Natan Sharansky has written.  Why do you think enumerated powers are dead?  The federal government needs to steal your democratic power in order to force you into an economic system of forced labor.  Slave labor.  Corporate capitalism.

Part 2, the meat of this post, to come by the end of the week.