Magical Negritude

Quoting vox:

While the stock market is on the verge of another breakdown, official GDP figures have finally reported an official recession. Job losses abounded in the fourth quarter, and both business executives as well as the mainstream economists who completely failed to predict the current contraction are forecasting that economic recovery will begin in the second half of 2009. One year ago, the American Enterprise Institute published the report "Fine in 2009 (Not So Great in 2008)," while just last month, Business Week reported:"The idea that the economy will start to recover in the middle of 2009 has really taken hold.

This isn't surprising, since Keynesians who subscribe to the notion of "animal spirits" being the foundation of the economy – or "confidence" as today's Neo-Keynesians describe it – believe that the election of Obama will create the missing sense of American optimism that is required to arrest the contraction and start the economy growing again. This is complete nonsense, of course, and while such childish faith in the unbounded power of magical negritude is touching, Obama himself appears to be perfectly aware that his Hooverian stimulus program is unlikely to succeed. His statement that economic recovery "will take years, not months" is not political hyperbole or an attempt to reduce expectations, it is probably the most intelligent and straightforward declaration he has ever made in public.

More down-to-earth predictions about this economic freefall is that it will not stop until around 2012. By that time, the federal governments war against its own citizens will be in full swing, destroying whatever chance there is for a recovery beginning in 2012.

It's getting worse. It will get far worse. And even as we stare blankly at the disaster facing us, the plunderers, the thieves, the sons-a-bitches running our financial institutions continue to rob us unabated... As the likes of Reed, Pelosi and the rest of the despicable cretins in Congress cheer them on.

Oh, the coming war? It will be the federal government against America and it's legal citizens, supported by the military we have paid for, and all those lettered organizations designed to protect the politicians. We may even see thousands of foreign and blue-helmeted UN troops on the streets of America.

If you think this is all tinfoil hat nonsense, just wait. What I have on my side is the inevitability of all this - since today's Americans simply refuse to face reality - and time.

Another point to ponder... You know about that thousand-year-old Mayan calendar that predicts the end of all things on December 21, 2012? Definite tinfoil hat stuff, but eerily close to the mark.