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Message: Re: Huh! They have won.
16
Jan 07, 2010 08:39PM

You sound a lot like the Ras!

His following diatribe is the latest of hundreds he has presented over the years, trying to open people's eyes to this epic fraud:

.http://wallstreetbear.com/board/view.php?topic=64877&post=218892

And they said it couldn't be done...perpetual motion, that is.
Rasputin - Thu, Jan 7, 2010 - 03:32 PM


Or in this case, "Perpetual Ponzi".

And here's how it works...until it doesn't:

1. Uncle Sugar becomes the employer, entitler, and housing provider of first, last, and only resort.

2. In order to fund his largesse, Uncle issues debt. Tons of it. Trillions of fiatscos of it.

3.The Fed, itself a creation of Uncle Sugar's vivid imagination, buys Uncle's infinite debt using freshly-flung, easily created, fiatscos.

4. The government worker-bees, entitlees, and other hangers-on and sychophants spend the fiatscos that Uncle hands them--and also borrow jillions more for McMansions and McAutos, keeping those asset prices ever-rising.

5. When the banks and Wall Street shysters blow up from time-to-time as they also participate in the Ponzi Party, Uncle and the Fed jump in and bails them out too...again, keeping asset prices levitated.

...and on an on the Ponzi goes, where it stops nobody knows.

Sheesh, a stuepified Rasputin has been calling for the imminent implosion of this "Perpetual Ponzi" for thirty years on-and-off now. Yet the game not only continues, but actually grows exponentially larger with each passing decade.

(Ras Conclusion): Both the laws of physics and eonomics have been overwhelmed by the sheer power of "Infinite Fiat" at the behest of Uncle Sugar and the Fed.

And a lowly, chastised, Rasputin stands in slack-jawed wonderment at their ability to pull it off.

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