Yesterday I had a long conversation with a guy here in Denver who is a local businessman and who knows as much if not more than most GATA followers about just how bad things are with our system - the corruption, fraud, wealth stealing, market manipulation, the inexorable systemic debt and derivatives accumulation, ransacked industrial/economic foundation etc. He's about as pessimistic as me and he is extremely well-read/researched. His neighbor is a retired General with deep ties into the Pentagon. A few weeks ago the businessman asked the General, "how bad is it, really (the problems with our system)?" The General replied, "it's worse than you think." It also sounds like this General thinks that they can't keep the system going much past 2015.
This fits with many other former Establishment insiders from the 1970's and 1980's are now coming and discussing openly. Guys like Paul Craig Roberts and David Stockman.
The attorney who helped me with the CME/Comex analysis and I were chatting about the above comment and other topics last night. To summarize our discussion, he sent this quote about our system which is just too profound to not share in its full, unedited form:
Our government is far more illegitimate than King George's was in early 1776. Revolution is the only way out. Unfortunately America is addicted to TV, which causes brain rot and leads to any number of other debilitating physical maladies.It would have ruined the full effect and spirit of what my friend expressed if I had edited that last part and I second every thing he puts forth in that comment. Buona sera a tutti - enjoy what you what you can, as much as you can, while you still can...
In fact, our country is no longer sovereign, having been taken over by a global criminal cartel, who rules by fiat (notwithstanding the ludicrous pretense of a republic).
Obama's entire 2nd term is purely about securing the consent of the governed - not difficult when 99% of the population is brain dead. That is, while Obama (1st term) and Bush were all about tearing up the Constitution, Obama's 2nd term mission is to destroy the Declaration of Independence, which provides the legal predicate (sovereignty; consent) on which the Constitution rests.
Meanwhile, dumbf#ck Americans are glued to the red-blue pro wrestling show of conservative-liberal, etc. As a nation, we deserve the monster c@ck that's being shoved up our ass, sans lube