John Ryskamp

Is It Time to Recognize Reality?

It's the same old analysis, over and over again. What new is there to be said? One thing:

He rants about the political system failing to change and continuing to turn a blind eye. Why is this happening? Simple. The underemployment rate among the politically relevant population--those with a Bachelor's degree or higher--is only 10%. These are the people who matter politically, and frankly, it isn't that bad for them yet. Just ask them.

Yeah, they're not happy with their stock portfolios or the decline in the value of their houses--or a lot of other things. But as long as the job is there, the house is there, and the TV is there, you will not see THEM get politically active and move for any kind of change.

Maybe it's too bad, but then, maybe it won't happen either. Unemployment in this class never reached a level high enough during the Depression to produce any important policy change--and the country was STILL in the depression when the war began.

So if this guy wants to see change, all he has to do is sit around and wait until underemployment among the educated class reachs 40%. NOTHING will happen at 39.99999999999%.

40%.

By the way, we are moving from the West Coast Hotel v. Parrish "scrutiny" regime--which allowed this catastrophe by denying individually enforceable rights and gave the political system nearly all power over the facts (blame people themselves for this)--and toward the "maintenance" regime I discuss in my book The Eminent Domain Revolt.

You will never see economic activity increase again--NEVER--until the scrutiny regime is booted out of power, the maintenance regime is put in power, and the New Bill of Rights is enforced.

Enforce it or starve. It's up to you clowns.

Nationalizing Fannie and Freddie: Latest Move in the Housing Crisis

What this means is that the U.S. Government has collapsed. Now all stock markets will collapse.

A Chill Descends on Fannie, Freddie and the U.K.

Chill in the economic air?

Britain is bankrupt, it's nothing but a Ponzi scheme. These people should be starving, and will soon be, one hopes.