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Politics as economic prologue ~The Unmaking of Political Monopoly Bankrupting the USA
NDX is down –2% today while Silver is down almost -5%. Gold is down almost $30 today.
While three snowflakes in a day a blizzard or winter do not make, regular readers and subscribers know Big4 was correctly short these assets.
Past performance of course is not guarantee of future results, maybe better.
Second, it is not so much that unemployed, underemployed and undercompensated voters do not want healthcare or the other benefits of productive labor such as being able to pay their bills and debts.
BabyBoomer voters may want their fruits of their lifetime of labour in retirement, as promised them by their government. Decades of Social Security and Medicare payroll taxes were already spent by their government and voters may be as Mad as Hell.
The formerly silent majority of Citizens may revolt with pitchforks at the gates if politicians default on these promises and fail to reform generations of government profligacy.
Third, big government is on notice.
At the very least, We The People may require less government borrowing, spending and taxing programs, and more economy.
This can be immediately accomplished via the essential gridlock of the best ideas of competing political parties prevailing as accomplished by yesterday’s rogue election.
We the people require Constitutional Independents practicing liberating Independence in governance rather than serving slavish special interest lobbies.
At the very least, voters may expect their elected public servants and appointments to preserve, protect and defend our Constitutional liberties and rights per their Oaths of Office, rather than practicing and perpetuating bureaucratic tyranny disguised as Political Correctness.
