Blake Walley, Contributing Writer
Activist Post
Speaking of the Keynesian economics, did anyone hear what Paul Krugman said recently about an alien invasion?
Yes, this economic clown just got on TV saying we could benefit economically if we experienced an alien invasion! But hold on, I’m not making fun of him for the analogy; my concern is what he’s getting at; the analogy is just a clever way of saying what he really means; that we need another major war to jump-start our failing economy. No Paul, we don’t need any more wars or any more money being printed…. and I for one have had about enough of your ridiculous economic gibberish.
But you’re out there asking: who are you to discuss economics with an expert like Paul Krugman if you’re not actually an economist?
Funny you should ask, because it’s quite simple really…first, we assume that he is considered to be one of the premier masters of Keynesian economics. Secondly, we observe over many years that not only is our economic system incredibly corrupt, wasteful, and excruciatingly overcomplicated; if you follow Paul Krugman carefully, you’ll notice that he doesn’t seem to really have any understanding of how the economy works either!
And if the Keynesian grand master doesn’t have a clue how his own economic system works, than what hope do I have to understand it?
But wait, it gets better! The economy has now spiraled so far out of control, that the grand master is now indirectly calling for war as a desperate measure to keep the system afloat? Are you kidding me? And aren’t we in like six wars already? Do what you want to yourself Paul, but leave the innocent people of the present and future alone!
So look, it doesn’t take six wars or six years of school to see why this economic system needs to be scrapped. All it takes is simple common sense…
Face it Paul, you aren’t going to salvage this financial mess, nor can you continue to justify this failed system anymore. Nothing personal… You had a good run, you had a great career, and hey, you even won a Nobel Prize! But now it’s time to step down.
Keynesian economics is deeply flawed, overly complicated, wasteful, too susceptible to corruption, and completely unsustainable. Face it Keynesians; I’m sorry you’ve wasted so much time absorbing what will someday be looked upon as useless knowledge, but you have to admit that the future will thank you for letting it go…
So we have a Keynesian economics system, fractional-reserve banking, fiat currency, and a private bank that seems to have its tentacles in everything? Run and overseen by a bunch of spoiled aristocrats? Sorry to be the bearer of bad news, but here’s the reality: corruption, greed, and over-complication have ruined our financial system beyond repair, and the Warren Buffetts and Paul Krugmans of the world know it. They had an amazing run, but now they are quickly starting to resemble dinosaurs from another era. They desperately want to keep the system going, but they are going to have to face the fact that this system is broken, completely unsustainable, and hopelessly beyond repair. And almost everything that comes out of their mouths these days is nothing more than desperate attempts to keep the system going.
Now although Warren may appear to be one of the humbler elites, it shouldn’t take too much imagination by now to see what’s really going on: The rich and powerful want to stay rich and powerful….
Okay, identifying the corruption problem wasn’t so difficult. However there’s another problem that’s going to be a bit more complex to deal with:
You see, as the fraud becomes more exposed, the perpetrators, manipulators, and many of the benefactors are going to be looking at some serious punishment along the likes of Bernie Madoff or worse. So what are these elites going to do when they’re not only in danger of losing everything they’ve “earned,” over the years, but they’re also potentially looking at 20 to life or worse?
Good question, so let me ask you: what would you do if you were them, and you were looking at losing your posh lifestyle, all your toys, and then looking at losing all your freedom by facing indefinite jail-time? Right: you would lie, lie, and lie some more….
Face it: these filthy-rich bankers and Wall Street fat-cats aren’t just going to admit the fraud, throw away their lavish lifestyle and just turn themselves in… I mean would you?
And who’s going to arrest these bankers anyway, Eric Holder? You mean the guy with his fingerprints all over Operation Fast and Furious? Gee, no corruption going on there at all… so since Eric can’t be trusted… who else can we go to? How about that hideous troll creature that’s always wearing those ugly Christmas sweaters…you know… the grinch that stole freedom… oh yeah Janet Napolitano! Hey Janet, I know where the real terrorists are! And many of them are actually operating right out of Wall Street and Washington!
Okay, so now that more problems have been identified; how are we going to fix this giant mess when it seems like the entire system has been corrupted?
Well I can’t just wave a magic wand and magically solve everything, but I can offer some clarity and suggestions:
First of all, there’s no reason for panic. You see, the good news about this financial crisis is that in the real case of an economic collapse, we DON’T actually need “money” to make the world go round, and it’s a very simple concept reminiscent of well… does anyone still remember the honor system?
As a short term emergency solution, we can all continue to do what we were doing. Go to your job, get a few groceries. Do everything you would normally do, except no money would actually be exchanged.
Don’t abuse the system and use common sense. In the meanwhile, stay calm, inform others, get mentally prepared, and we can avoid unnecessary chaos.
As a long term economic solution, I think we should have a series of live televised debates between all the top economists representing all the different schools of thought: back to a gold standard? A silver standard? Resource based? How about an interest-free fiat currency issued by congress instead of a private bank? Or perhaps the great Keynesian revival? Good god I hope not, but if people like Krugman and Austan Goolsbee want to show up and get ridiculed, they are more than welcome.
Anyway, we let the top minds debate on national television, then over time, maybe we can start voting them off or something until we arrive at an economic system that makes the most sense. Sounds like a “Sputnik moment” to me, but if you would rather be at the mercy of the super congress… then good luck!
Okay, so we’ve covered the wastefulness of our current system of crony-collectivism… but if we re-start the economy, what are we going to do about China and the other countries that are holding our debt?
Good question… so let me ask you; if you were a debt-holder, and the country that owed you money was on the verge of default, what would you want in return?
A: Stacks of soon-to-be-worthless green paper?
B: More treasury bonds? Or
C: a steady flow of tangible imports?
The point is: just because we might have to restart our economy doesn’t mean we can’t still honor our debts. And if we need to start growing more food and manufacturing more goods to our debt-holders, then we will probably have to open up our factories again! Now we can put America back to work with an efficient and transparent resource based economy… hey Obama, how’s that for a Sputnik moment?
And to the debt-holders of the world: I apologize for the behavior of the monsters responsible for the orchestration of all these financial problems, but please don’t blame the innocent American people because we were also fooled by these same financial sellouts.
Now I could start rattling off some of the people I think are responsible; let’s see… there’s Ben Bernanke, Alan Greenspan, Henry Kissinger… I could go on, but I just realized something… I don’t consider these men to be Americans anyway! They don’t have any loyalty to us; they are traitors and economic terrorists!
Which brings me back to one of the most difficult questions of all: Once we identify all of those truly responsible, what are we going to do with them? This is where it gets complicated:
Like I’ve said, you can forget about Eric Holder or Janet Napolitano bringing their masters to justice, and just because I’m making some accusations doesn’t prove that any of them are 100% guilty. After all, this is America, and everyone deserves a fair trial.
Besides, maybe these bankers and ultra-rich elites are really moral people, and this broken economy was all just done by design to teach us all of us serfs a valuable financial lesson? You know; a lesson of why you shouldn’t trust private banks that create money out of nothing because they will eventually rob all of the wealth and decimate the country. I mean maybe they were planning on giving us all of our wealth back as part of a surprise later, and now I’m the guy who had to open his mouth and ruin the party for everybody…
Now that scenario probably isn’t going to happen, and unfortunately, I don’t know who’s going to make all these apprehensions for questioning. I do however have a creative solution for what to with them assuming they are found guilty…
Now my solution involves mercy, but don’t get me wrong. There’s a part of me that would love to be there when all these corrupt bankers, politicians, moguls, and Wall-Street manipulators get dragged out of their mansions in handcuffs and get stuffed into police cars.
However, these people aren’t just going to go quietly without a fight. These are powerful people with powerful connections and when faced with losing everything and spending the rest of their lives in jail or worse… well let’s just say they could do any number of desperate things to protect themselves from us so we’re going to have to be smart about this.
There are a lot of people out there that seem to have a disturbing fascination with punishment, but maybe it’s time to start re-thinking this concept; I mean does it look like our prison system is doing a good job of rehabilitation?
The point is, there are probably a lot of people out there who are thinking that we’re just going to simply arrest these people and then throw them into violent prisons where they will be punished every day, but that’s just not realistic… and if you were them, and you were facing that kind of future, what would you do?
And that’s another key point I want to make: the concept of empathy. For example: if you were born into a powerful banking family, do you want to convince me that you would not have followed in their footsteps, and that you would have been the whistle-blower that brought down your own family for the good of the world? I mean JFK and Princess Diana are a couple of exceptions, but the reality is, most people would have gotten stuck in the family business too, so it’s hard for me to honestly pass judgment on them without making myself a hypocrite.
So yes, I believe in mercy. I also believe that if we harshly punish them, then we may also sink to their level. We’re supposed to be better than them after all, so maybe we should prove it…?
So what should we do instead? Here’s the fun part: we create a controlled environment for them which will keep them isolated from us, but instead of constant hellish punishment, there will be much more fun and limited freedom…
Sound crazy? Let me explain; A while ago I wrote an article about North Korea where I suggested that we could design a prison for the elites that would combine Bohemian Grove with the movie; The Truman Show.
I know it sounds like a reward, but I guess my philosophy is that I really don’t care if they have an arcade, a sports bar, a golf course whatever… just as long as they stay away from us, and stop playing god with us and our children.
The basic idea is that we will use their own control grid against them; RFID chips, cameras everywhere, spy satellites etc, and like the Truman Show, maybe we can make them stars in their own reality TV show! Who’s watching the criminals? You are! Hey, did you see last night’s episode when Karl Rove and Dick Cheney were having an argument with Al Gore? OMG!
Now this high-tech prison may take some time to build, but it is a plausible peaceful solution. If we are willing to get creative and outside-the-box, there are ways to fix our world’s problems without destroying our civilization in the process…
Okay, well there you have it; a peaceful solution for some of the world’s most impossible problems, you’re welcome.
Peace and Love!
Visit Eccentric Perspective for the first half, parts 1-3
Blake Walley is an independent writer hiding in plain view on the strip of Las Vegas. Visit his Eccentric Perspective blog for more philosophical and political opinion, citizen/gonzo journalism.
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