It seems to me, that the FULL Meaning of my Last Editorial about the Media, using Megyn Kelly as an example, wasn’t taken nearly as I had intended, since all the Comments were about Megyn Kelly, which were Extremely Negative about her . . . DESERVEDLY SO.
That said . . . the Editorial was in FACT about the Entire Media. But, how you interpret what I write is entirely up to you, which says an awful lot about the Disdain so many people have for the ARROGANCE of Megyn Kelly . . . BUT ENOUGH ABOUT HER.
And if you watch the News, read the News, and/or listen to the News, its all mostly REGURGITATED BREAKING NEWS, which in reality is the same old same old News, Repackaged to give the News Entertainment Business a Pretend Fresh Face.
So . . . Until President-Elect Trump is Sworn in on January 20, 2017, and unless there’s something that will be really significant, like his naming his Secretary of State, I’m going to be writing about other things that are extremely IMPORTANT, at least to me, and might be just as important to you.
The Stock Market is on a TEAR . . . and is going through the ROOF, which to the Media and Others . . . is a sign of INCREDIBLE TIMES AHEAD. But based on what?
So let me remind you of what it was like before October 29, 1929, when the USA and the Rest of the World EXPERIENCED the WORST Financial Meltdown the Modern World had ever known.
AS A MATTER OF FACT . . . if you don’t know the History of the ROARING TWENTIES, here’s a reminder. Everyone who could, was in on the “GAME”, spending money they didn’t have, living far beyond their means, throwing SOLID PERSONAL VALUES into the Trash Bin, Gambling away their Money on a RUNAWAY Stock Market, INCLUDING THE BANKS, which Gambled Away THEIR Depositors’ Money. I DON’T HAVE TO TELL YOU HOW IT ALL ENDED.
The big difference between then and now . . . is that when it HITS THE FAN NOW, with Computers Effecting Trades at the Speed of Light, the Damage will be done in MILLISECONDS, contrary to all the promises and guarantees of the “Experts”, ‘cause we all know how much we can trust the “Experts”.
HERE’S ANOTHER FACT . . . When the Interest Rates are RAISED, which the Governments will be COMPELLED to do Sooner Rather than Later, whether they’ll like it or not, just to Maintain the Value of our Currencies, and our Bonds, merely to make them a Worthwhile Investment to keep the Treasury Rolling . . . THE STOCK MARKETS WILL COLLAPSE.
And if the Interest Rates ARE NOT RAISED, the Average Guy and Gal on the Street, who do not have the Money to get into the Las Vegas World of Gambling on the Markets, will find themselves without the Means to Survive, especially since the Government will go entirely BROKE, or will have to Print so Much Money, as to Render the Paper they’ll Print the Money-On, not Worth the Cost of the INK to Print It.
THIS SUNDAY . . . TODAY – IS MONUMENTAL on the Global Stage, yet our Media seems not to be all that interested in it.
ITALY IS ABOUT TO START THE PROCESS . . . by way of referendum TODAY, of getting Rid of their DEADBEAT LEFT OF CENTER GOVERNMENT, replete with enough Complications, Incompetence and Corruption to Rival the American Democrats.
The Italian People are being asked to accept a Referendum to Change their Constitution, which will do nothing about Better Government, Jobs and Stability. It’s just a way to keep their Corrupt System on Life-Support, praying for more time, as if more time will make anything better.
And if the Government Loses this Referendum, the Prime Minister has vowed to step down, subsequently getting rid of the Existing Government, of which, I am Certain will TRIGGER a Referendum for Italy to get out of the EU, and to DROP the Euro as its currency, which will be CATACLYSMIC to the International World of Trade, Currencies, Funds & Values.
PEOPLE DON’T REALIZE . . . just how Tied-In all of our International Currencies are to one another, to the point, that if one goes down, especially a Big One like Italy, the prospect of all of them going down is REAL. Why else do you think the EU Panicked as much as it did, when it looked as though such a Tiny Player like Greece was going to Default?
ALSO – To Make Bad Even Worse . . . Four of Italy’s Main Banks Are On The Cusp Of Collapse.
REMEMBER BREXIT? . . . The ONLY Reason the EU didn’t COLLAPSE, when Britain Voted to leave the Union, was because England NEVER accepted the Euro as its Currency, but rather, chose to Stick with the Pound Sterling. This will be different if Italy decides that it has had enough with this EU STUPIDITY, because if Italy Goes, the EURO goes too. ITALY IS THE FOURTH LARGEST ECONOMY IN EUROPE.
What happens when the USA decides to STOP buying so much CRAP from China for any of multiple of reasons, and China Demands Payment for the Money the US owes the Asian Behemoth? Or China decides to DUMP US Bonds, Cash and other Currency Instruments in order to keep its own Economy from Collapsing? I think you can figure it out.
But going back to the United States of America . . . where the WEALTHY are High Rollers on everyone else’s PRETEND PAPER MONEY, built on literally ZERO Interest Rates, just like CHIPS in a Casino, which are nothing more than Pieces of Plastic until you REDEEM them for REAL Money, which is what the Stock Market Is.
And what about those who used to be Middle Class, who are now the Working Poor . . . and I really do mean POOR, when the Interest Matures on their INTEREST ONLY MORTGAGES and the PRINCIPAL PIPER COMES TO COLLECT? Or all of a sudden, the Interest Rates go up a Point or Two, FORCING Payments to go through the roof? IT’S ALL GOING TO BLOW UP.
And as much as I want President-Elect Trump to make it all better . . . I’m not Holding My Breath. And as I wrote BEFORE THE ELECTION, and even before Trump became the Republican Nominee . . . The Damage that has already been done to the USA Economy, dating back SINCE AFTER Ronald Reagan was President, has become so ACUTE, that America has MORPHED into something akin to HUMPTY DUMPTY, where no matter who WON the White House, he or she would preside over a Nightmare most of us can barely imagine.
THAT ISN’T TO SAY THAT MIRACLES DON’T HAPPEN . . . because sometimes they do. But Miracles belong in the Bible, and not necessary in Washington DC, where Rhetorically Speaking, the Disciples of the Anti-Christ seem to Reside Most Comfortably.
UNLIKE OBAMA . . . who claimed from the Outset . . . that he could Reverse the Flow of the Oceans and Control the Rising Tides – Trump is not DELUDED, to believe that he can DO ONLY WHAT GOD CAN DO.
And as much as Trump will try to Move Heaven and Earth to Fix what has been so Horribly Broken in America by Preceding Governments, which I am Praying he Can Fix . . . there’s just so much a Mortal Man Can Do, especially when it includes FIXING what will happen at Home with a soon to be a Downward Cascading Stock Market, the Uncertainty of the Value of the American Dollar, Housing, Interest Rates . . . & THE FECKLESSNESS OF THE EUROPEAN UNION.
MY HOPE . . . is that President-Elect Trump can Cushion the FALL FROM AN ALL OUT CRASH . . . to just a really ROCKY LANDING. Or it will take an UPHEAVAL of EARTH-SHATTERING PROPORTIONS, to set the World Right Again.
There’s a lot of News happening all around. And I’ve just Barely Scratched the Surface. So Where’s The Mainstream Media? Including on the Potential Election TODAY of a Far Right Government In Austria?
Best Regards . . . Howard Galganov