Economy and Elections – the leadership vacuum
Politicians only care about surviving until the next election. They do not care about the consequences of their actions. All of this ties in with the world economy, which is busy imploding. It is no coincidence that the US official unemployment fell below 8% for the first time in Obama’s term 1 month before he is up for re-election. It is also no coincidence that the potentially infinite $40 billion dollar per month money printing stimulus by the Federal Reserve is taking place so close to the election, trying to keep everything afloat until after the election.
The bail outs and stimulus might succeed in keeping the world economy on life support a bit longer, barring an October surprise. All the stimulus and cooked up unemployment statistics merely gives a very short term boost to the economy, which will in the longer term have many negative effects.
In fact, the effect of all this quantitative easing (in reality just a banker bailout) and artificially low interest rates seen across the world, will be catastrophic in the longer term. There is already evidence of this taking place. In Southern Europe for example, there is massive civil unrest and 30% unemployment. The proposal to consolidate fiscal power to a central authority in Europe will destroy sovereignty and effectively create a European dictatorship.
So it seems likely that Obama will probably get re-elected, especially considering all the lengths he would go to in order to secure the win. And when you look at the opposition: Romney… I often ask myself: if the republicans wanted to lose this election, would they have done anything differently? It doesn’t matter really, the position of president is just a puppet post, and the better actor will get to be puppet-in-chief. If the margin by which the election is won is very narrow, and in any way controversial, it may signal the start of unrest in the United States. The deteriorating economy and massive debt, means that the millions with no hope left, and no faith in their leaders might finally lose it. Rapidly deteriorating quality of life and the realisation that there is no recovery may lead to riots and class warfare. Black vs. white, rich vs. poor and debtors vs. creditors.
Nobel peace prize winner (and reality TV star) Barack Obama signs off on kill lists (so called terror Tuesdays) sending heavily armed unmanned aerial drones to kill ‘SUSPECTED’ terrorists in Pakistan, Yemen and Somalia. These attacks have killed thousands. And of course hundreds of civilians have also been killed, but that’s just considered “collateral damage”. And they wonder why Arabs hate the west. Blowback. For every ‘SUSPECTED’ terrorist killed, a dozen new ones are created.
Romney is currently in front in the polls. Obama will start a war if it means he can win the election. The consequences of a possible US/Israel attack on Iran will invoke even more hate and retaliation towards the west.
Now the world’s so called strongest military (a military which could not take out a few Taliban and successfully occupy Baghdad in 10 years) wants to mess with the 80 million Persians of Iran, who could potentially be backed by the Chinese and Russians. This war would cause very high petrol prices, an energy crises, a food crisis, a currency crisis (hyperinflation) and subsequently world war 3.
Please take a look at my previous, more elaborate articles discussing current political and economic trends in greater detail.
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