Friday, August 26, 2011

Bernanke Continues the Narrative from Jackson Hole, Wyoming

"All oppression creates a state of war."

- Simon de Beavoir  (Writer, 1908-1986)

From Jackson Hole, Bernanke will give another speech designed to lift the markets just enough to keep the charade going.  Jackson Hole is a beautiful place, especially in August; but it is doubtful the Federal Reserve Board governors and others in attendance really got to experience summer in the Rocky Mountains.  Instead the highest echelons of greed and contempt were in meetings trying to figure out what to say to their psychologically manipulated debt slaves this time.  Each time the stakes become higher because that much more has been lost; eroded away like the credit of so many strip malls, car dealerships, and factories.

Unlikethe sweet smell of food that may be miles away, Bernanke's odor rarely changes.  His economic outlooks are a putrid odor, providing no guidance and only serving to reiterate what people are finding out more and more each day-  the masters want to make life harder; a lot harder.  One way to describe the Fed's economic theory is the "Art of Servile Eugenics."  Kings and their minions know retention of power is more important than prosperity of the oppressed because it endangers their power. 

"For at least another hundred years we must to pretend to ourselves and to every one that fair is foul and foul is fair; for foul is useful and fair is not.  Avarice and usury and precaution must be our gods for a little longer still."

-John Maynard Keynes (Financier, 1883-1946)   


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