I’ve had this nagging in the back of my head saying something foul might be looming out in the near future. Normally I don’t watch Bush on TV or listen to him on the radio as I can’t stand it. That aside I watched and listened to his speech today. It sounded good… all this talk about suporting the free markets and free trade… mind you we have neither. It felt like a pep talk to make everyone feel warm and fuzzy inside when the exact opposite was going on behind the curtain.
He mentioned revamping the current financial systems and having a organization oversee markets. Without saying it he was essentially saying yeah free markets are great in theory, but this was all caused by free markets. Therefore we are going to create more bureaucracy in the name of the free market to prevent a future failure.
Last time I checked business come and go, the economy goes up and down, and that is okay.
So what is this potential future I speak of? …>
The election is over yet the transfer of power hasn’t occurred. What could happen to delay the transfer? A major crisis of sorts would do just that. Why isn’t Obama going to the G20 meeting? Why is he so reluctant to play a larger role during the transition?
Did anyone notice how Bush was almost smirking when he was talking about the wealth destruction that has occurred in people’s retirement accounts. I had this sinking feeling that he was telling someone that it is time to initiate plan X (whatever that may be). He said GLOBAL MELTDOWN in a very strange way. He said it a couple times with an emphasis and as though it was a joke. It really seemed as though he was telling someone something.
To create the larger oversight organizations on an international scale there will have to be a crisis of much larger magnitude than at present. People will have to be in full panic mode and asking to be saved. Once people are in that frame of mind the government will be able to usurp all the power they want. Best of all they won’t have to take it because the people are freely giving it to them.
What might cause such a ripple….
War: Iran, Russia, Pakistan…
Financial Crisis:
Domestic Riots:
Terrorist Attack:
These are a few and there exist others. Hopefully none of this will transpire, but I find it difficult to believe that our present financial panic is the last in a string of events that began with 911. From this perspective I think it prudent to see it as a real possibility if minimal, but possible. Really no different from preparing for an earthquake, hurricane, or tornado.
Lastly, war is generally considered the acceptable means to get out of a financial crisis.
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