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Long-Term Treasury Bond Market Paradox
Jim Willie | Jul 10, 2008

....We are witnessing the destruction of the US financial foundation to its very core, with most of its appendages wrecked as well. The bankers cannot offer any solutions except for the public till to rescue them before they become abject paupers. The have become beggars on the political steps, offering no wisdom, only blueprints for rescuing their own hides. Amazingly like today, Bernanke and Paulson each were on the receiving end of bootlicking by Congressmen, when they should have been vilified. They propose taking more control of the system, when they have destroyed the system. They act as authorities still, when they should be defendants in grand larceny and grand fraud cases before the world court. When the Wall Street human wrecking crews come before the US Congress to propose solutions, they might better spend their time to explain how their financial engineering failed and why they should not be banned from all government and regulatory posts. The public cannot bail them out as taxpayers. The bills will continue to be paid by foreign investors via credit supply. What they refuse to pay, the US will rely on the ultimate quicksand to print counterfeit money, which will deliver the next severe blow to the US Dollar.  The foreign wealth centers have begun to shun the US Dollar and US Treasury, except for the Arabs, who harbor some last drop of pity for their military master keepers, all part of a vast protection racket.....

...Notice that since China achieved the Most Favored Nation status in 1999, the US Economy has had only one or two quarters of positive growth, according to the SGS data. The US Economy has been stuck in horrendous mud for over seven years, the heavy penalty from globalization. That trend is defined as exploiting cheap Chinese labor and sending components across vast oceans at great energy expense before final assembly, then sending finished products across the same oceans again at great energy expense. Has anyone figured out that higher crude oil prices could be a result of globalization's horrendous inefficiency? Now there is a waste of oil. The effect on the US Economy has been a backfire, as many higher shipping and distribution costs are directly attributable to the globalization theme. If the US built what it needed in regions near where the products were delivered by people who used their own output, then less energy would be wasted in transport and prevalent wages would enable their purchase.  That is logic too simple for total moron US economists, the stupidest breed of two-legged animals on the planet.

7/10/08:  Former Sen. Phil Gramm, a top economic adviser to presumptive GOP nominee John McCain, referred to the economic slowdown as "a mental recession" and called the United States “a nation of whiners.”  Sen. Gramm's wife was previously on the Commodities Trading Board and then on the Enron board.  If he thinks Americans should "eat cake," then he should at least be in prison.

Chronicled here includes:

  • President Bush and his Administration's position on illegal immigration, amnesty, the Security and Prosperity Partnership (SPP), NAFTA (a law, not a treaty, contrary to this Administration's and Congressional claims), CAFTA, the NASCO Corridor, and Bush's attacks against the Minutemen.
  • Information about globalists and their agenda via such schemes as the Charter of the Organization of American States, the North American Court of Justice, and Robert Pastor's and the Council on Foreign Relations' attempts to undermine American sovereignty via its promotion of the North American Union.
  • Important case law and statutes which show that the Bush Administration and all "sanctuary cities" defy Supreme Court rulings, case law, and federal laws through their refusal to enforce laws and go after illegal aliens and the employers who hire them.
  • Costs to American citizens for having millions of illegals within our borders.  These costs go far beyond just those monetary. Illegals are here at great cost to: our law enforcement agencies, both through the taking of their lives and the expenditures necessitated by arrests, investigations, prosecutions, and housing and feeding them in our jails;  our children's education as illegals and their children demand our attention, educational materials, seats in classrooms, teacher time, and taxpayer dollars spent on free breakfasts and lunch; the lives of innocent American men, women, and children, as illegals commit murders, rapes, drive drunk thereby committing additional homicides, and a host of other violence committed against legal citizens on our streets, daily; our medical and healthcare systems, as illegals tax and bankrupt these institutions; our food sources and systems, as illegals have and continue to contaminate our food supplies, in the fields and in the production lines. Illegals cause wage suppression which effects every legal citizen in America. Not to be forgotten is the expense of providing benefits to illegals that they do not deserve, such as welfare, housing, food, subsidies, etc., etc., etc. These costs cannot continue to be ignored.

We face an ongoing assault against our language, culture, values, and economic stability due to the presence of illegals, globalism, terrorism, political correctness run amuck, as well as the liars, crooks, and financial conmen destroying our economic system.

While President Bush has no qualms about sending our brave men and women to die overseas "defending our liberty and freedoms" here at home, he campaigns for keeping our borders wide open to the very terrorists and criminal elements he claims he seeks to protect us from. It makes no sense to send our military overseas when there are literally thousands of Americans killed, every year, right here at home by illegals, terrorists, and Other Than Mexicans ("OTMS") coming through our own borders.

Once upon a time, this country was considered as a"city upon a hill," where others would look to us as a people which values morality and ethics. Sadly, we are no longer such a country. It appears that John Winthrop's prophetic vision, that "if we shall deal falsely with our God in this work we have undertaken, and so cause Him to withdraw His present help from us, we shall be made a story and a byword through the world," may come to pass. There remains, however, many godly and honorable patriotic Americans who are doing their best to sound the alarm so that such a fate does not come to pass.

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