Friday, March 28, 2008

Joseph Schumpeter's Creative Destruction Hits Grand Slam

In the view of Lopez, big al greenie of the Federal Reserve doctored ALL of the economic numbers to allow for many different spins; also created the dot.com bubble; also created and fueled the complete mortgage/cdo/siv/derivative disaster---And now, the dubya boyz and the Congress are talking of putting this same FED in charge of regulating ALL financial things. WOW. The greatest mystery/conspiracy writers in the history of the world could not have created this scenario as it truly came from the minds of the top .001 of the worldwide Mensa Gang. Passing the bankruptcy bill in 2005; stopping the publication of M-3 in 06. Who could have such foresight? And who created the "Birth/Death" model; the "Core rate" of inflation? Unreal. But hey, we are the marooons and we are humbled and totally in awe of such planning in this ongoing Coup.