OR KILL ME!! - Principia Discordia

185
Life in the Age of Dumb, part 2:
A vengeful tide.
Originally posted Jul 08, 2004
The Good Reverend felt his blood pressure was a tad low
today, and picked up a copy of the Wall Street Journal...a once
proud masthead, now reduced to functioning as a neocon
mouthpiece. Sort of like 50 Sean Hannitys in print.
Turning to the economics pages, I was hardly suprised to see
the WSJ singing the praises of our "rebounding economy".
Now, any intelligent person, who was reasonably informed on
politics and economics, would realize right away that a $1.1
TRILLION dollar deficit isn't a part of a "rebounding
economy". Let's look at this. 1.1 Trillion dollars is expressed as
$1,100,000,000,000 in DEBT. THIS YEAR ALONE. That's
1.1 to the 12th power simoleans in the hole. If you stacked $1
bills, that would reach to the moon and back 5 times. No shit.
This is analogous to a person making $40,000 a year racking
up $8,000/yr in credit card debt. Each year. Not only that, the
interest is variable. When the housing bubble pops, that means
the USA will be bankrupt; unable to ensure the value of it's
money. Triple digit inflation. Not even Reagan was able to
spend that much, that fast...even with Nancy's bizarre expenses,
which included psychics in the White House, and new China
(Dolly Madison's old collection no longer being chic, you see).
The WSJ, of course, used all the buzzwords and misleading
catchphrases that are standard for this sort of nonsense. Let's
look at a few:
1. Average earnings are up: Sounds good, doesn't it? But notice that they
or kill me