muses of the moment

September 1, 2011

The list and the panic button

Groovygirl thought yesterday’s zerohedge.com post was very good. It lists 25 reasons we are looking at global financial disaster (again). Click here. There are many more possible triggers to the next crisis in the global debt implosion, but there is plenty to panic about with just these twenty-five.

If  you are prepared, there is no reason to panic.

 None of the fundamental problems that caused the crisis of 2008 have been fixed.  The world financial system is still one gigantic mountain of debt, leverage and risk.

Authorities around the globe will certainly do all they can to keep things stable, but in the end it is inevitable that the house of cards is going to come crashing down.

The scam

Filed under: Economic Crisis, Odds 'n ends — totallygroovygirlfriday @ 2:14 am

Groovygirl found a delightful article by Glenn Greenwald over at salon.com entitled The Decade’s Biggest Scam. Although gg doesn’t agree with everything that Mr. Greenwald says all the time. She and Glenn can agree on one thing…the US Constitution should be the final rule of law, not a branch of government or politicians and their paid-for agendas or this month’s global crisis.

“It is hardly too strong to say that the Constitution was made to guard the people against the dangers of good intentions. There are men in all ages who mean to govern well, but they mean to govern. They promise to be good masters, but they mean to be masters.”

– Daniel Webster

Mr. Greenwald’s post is about the War on Terrorism and its gentle warping into a domestic military state policy not an anti-terrorism security program.

He brings up the recent rioting in Britain. The global main stream media has done a brilliant job of portraying all those rioters as criminals, gangs, mafia, anything other than what it was…pissed off, unemployed people who want things to change in the nation’s economy so they get a job and put food on the table.

Another point he brings up, the British government is in quiet talks with major social media companies to deter its use in the gathering of crowds, protests, etc. (Don’t think for a moment that US has and will do the same thing, whenever necessary.)

Remember what gg pointed out a few posts ago…..when Egypt’s government turned off twitter and main stream media didn’t cover the protests on TV, people went outside to see what was happening and joined the protests in the process. This is very important. Turning off twitter will not work, it will get more people in the streets. This is a sign to look for when this unrest and demand for change comes to US shores.

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