Ok, you lost the election.
But your response to what has happened thus far with the Obama Administration ranks somewhere below "pathetic" and is dangerously close to "puerile."
You are still soliciting people to donate to the RNC under the rubric that you were and are a better choice. Your standard-bearer, McCain, made a fool of himself in the Senate the other day. And you still maintain that "tax cuts" are the fix for all that ails us.
If you want any chance of ever having a majority in Congress again, say much less The White House, you need to cut the crap and examine why you lost - then change it.
Here's the facts folks:
If you want to regain power in Washington DC and once again become a party of the people, you can - since it appears The Democrats are refusing to step to the forefront and seize the opportunity (damn foolish of them too, as they have power now and were they to take this advice they would literally feed The Republican party into a wood chipper feet-first) then you must become the "first mover" and shift the debate.
Americans are angry, and with just cause. The 535 Moes, Larrys and Curlys on Capitol Hill have taken hundreds of millions of dollars in campaign contributions which have purchased the right to blow serial bubbles and skim off fraudulent profits - their scheme of serial fraud has collapsed, destroying the average American's retirement, job security and economic prospects.
Here's the prescription to fix it now and forward - your platform on economics:
The bank "stress test" that President Obama has proposed is a good start - provided that it is "clean". I have my doubts. I was planning on penning a Ticker on the "stress test" this morning but frankly one of the forum's brighter lights, Mtgspy, penned a blog entry that says it at least as well as I could have - go take a read.
The essence of why we continue to have these zombies walking around and the shorts are pressing their bets in all markets they can access is simple - the banks continue to run their scam by keeping all their worthless toilet paper in "Level 3" at or near par. So long as this charade continues - and it will until the cashflow shortfall from these "assets" forces their free cash flow below zero or the cops put a stop to it - the market cannot and will not clear. This has resulted in a loss of fifty percent in the equity markets, and we both can and will lose another fifty percent in short order (and perhaps another one after that!) until and unless this game is stopped.
Private investment money will not return until the fraud is flushed out. The people with private capital have been screwed blind by the charade of "Level 3" toilet paper sold off as "Grade AAA" securities, suffering hundreds of billions of dollars in losses, along with more than $10 trillion in public equity market losses. The banks have literally trillions of dollars of so-called "assets" marked at or near par because they don't like the market price, with even more held off-balance sheet in ENRON-esque structures that must be collapsed. Many of these "assets" are fully-synthetic monstrosities or second lines that have no actual physical asset behind them - they're literally unsecured credit with no real hope of principal repayment despite claims to the contrary. They are worthless or nearly so, despite the protests of those with "computer models" and as the market has seen through these fictions money has fled the markets.
There is only one way to get that capital back into the market and working - the frauds must cease, the malefactors must go to jail, and the bright sunlight of truth must shine upon the firms and individuals involved in this charade from the top down.
The political party that does this owns Washington DC and The White House for the next 20 years.
While lobbyists make lots of campaign contributions they cannot vote. The body politic, on the other hand, can and does, and it is looking for real change, not faux promises wrapped in a fancy suit that hides yet more used toilet paper - all marked "AAA", of course.
Where We Are, Where We're Heading (2013) - The annual 2013 Ticker
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