Maggie's Farm

The following is a public Farm announcement.

Re: ^ and v, The Clattering Site Robot(s) has been touting the recovery that began almost ten years ago as Little Baraq's work. Normal human people persons know Little Baraq had nothing to do with it anymore than he ran either Congress, the Fed, or central banking.

It was and is the inevitable result of clearing many billions in cross-linked boom dollars, a temporary reprieve on the path to yet more monetary expansionism and bubbles. The Clattering Site Robot(s) is/are apparently unaware of the inverse relationship between debt and solvency; between markets and cycles.

Normal human people persons are also aware that the rise in markets is tied quite directly to QE and thus directly to monetary expansion. And lastly, normal human people persons grasp that the bad trade policy enabled by horrible abuses of the US reserve dollar through at least the last two dozen years takes much to correct - if it even is correctable - and even longer to pay the debts of.

In order for the Clattering Site Robot(s) to have any pertinence - not something it's been noted for although it's diversionary talents are unquestioned - its(s) programmers would have to install a Central Fiat Fractional Reserve Module as well as a Too Big To Fail Unit, something they in their evident political bias seem hesitant to do. Stimulus spending likely never reached the thing(s) China Sea island.

Until then the thing(s) will probably rattle on about what it(s) sees as the pivotal year 2009. It was no such thing, except to initiate QE and either directly or indirectly heap trillions onto the debt which recorrupted markets and destroyed price discovery, among other fundamentals.

This has been a public Farm announcement.

As a demonstration of the Clattering Site Robot(s) incapacity to mine data independently of its programmers, allow me to leave this resource here. One of many like it, it actually impugns the rightist congress and the generally despicable GOP for its reckless ongoing run of capitalism, yet the CSR(s) will take no notice of it, leafing instead through its dim heaps for its worn, old routines aimed at bolstering an incompetent previous largely socialist Regiministration.

http://davidstockmanscontracorner.com/two-elephants-in-the-room-that-the-gop-has-completely-forgotten/

This demonstration is another free service brought to you by both Objectivity and Sanity, properties of Perspective and the normal human people person.

The Democrat Congress? Maybe you missed the link in the comment above yours.