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this paragraph from an extract - last line or two are the important ones. And guess what. These people are perfectly accurate about the implosion of the global economy now happening, but about the election? who knows? Out here in hinterlands it sure seems like bushie gonna cheat. again. But then, we at least get the pleasure of watching the first of the televised public castrations and hanging of politicians After the economic meltdown leaves the dollar toast, and Americans en masse beggars for crumbs.And that *is* the happy scenario...Breads and Circuses, only differences is the slaves, newly freed by their masters sudden financial meltdown, will cease control and the new reality shows will be real...public trials of disgraced politicians leading to sentences by the newly constituted Revolutionary Courts like the good old days back, back, back in the USSR.....
From Wexford Capital Management:
September 28, 2004: Weird behavior in financial markets signal distress.
I am not convinced that the Powers That Are will be able to keep everything glued together prior to the Presidential Election, Plunge Protection Team, Exchange Stabilization Fund, Federal Open Market Committee or not. Just because Sir Alan and the very Democratic-spending-like Bush Administration have kept the economy afloat with still-very-low interest rates and a barrage of tax cuts does not mean that there are more rabbits left in the proverbial hat of government-created liquidity to pull out any more. We are dealing with global markets today, and most overseas exchanges don't give a hoot how many days it is before the American elections; plus, the currency and bond markets are so massive that there is not enough manipulative tea in China to affect prices for more than a few minutes during the 24-hour global trading day. Regardless of what happens during the upcoming debates, Bush will likely win re-election. Kerry is a man without a definitive cause (except to replace Bush) or a clear, consistent message. However, I just read a piece where the Democrats should consider themselves lucky that Kerry has run such an incompetent campaign, especially in light of significant American employment problems, surging Twin Deficits, the potential of a U.S. military draft, and an economy and stock market sputtering into November 2nd. The America that the next President inherits is faced with such massive geo-political, economic, and financial system problems that he who is left holding the bag when the UNAVOIDABLE IMPLOSION occurs will see his party banished for decades. Of course, us lowly citizens who must be lucky to get our shoes on the right foot each morning will be more disposed to throw all the bums out and start afresh with true structural reforms to the system, but don't tell the Pachyderms and the Jack-Asses!
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