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Force Majeure Markets~ How long can this Alice in Wonderland Market ignore the numbers?
With the help of Eisenhower and Patton, MacArthur used arsenic vomiting gas, bayonets, sabers and tanks on loyal American vets exercising their Constitutional right of peaceful assembly and petition.
The tents and their contents were crushed by the tanks and burned to the ground like Waco.
It was a painful violation of posse comitatus with the death of four adults, uncounted babies and children. It was bad PR.
http://en.wikipedia.org/wiki/Bonus_Army
Columnist Drew Pearson called the treatment of the unpaid Bonus marchers unwarranted, unnecessary, insubordinate, harsh and brutal.
MacArthur lost $15,000 to the columnist in a defamation suit he filed then settled out of court.
http://en.wikipedia.org/wiki/Douglas_MacArthur
Congress went along to get along and Courts repeatedly denied the Constitution.
Like today with the Birthers, Courts dismissed numerous Gold Clause Contract suits by those who realized they were robbed 75% by the President and his accomplices.
Some called the New Deal the Raw Deal.
Academics and historians with no skin in the game or little appreciation of Constitutional Rights dating from at least the Magna Carta, extolled the living Constitution like President Obama.
They credited the brilliance of neoKeynesian free lunch money policies that effectively kept the Big Government Great Depression money grab going until 1954 in nominal prices, into the Sixties in real prices.
http://stockcharts.com/charts/historical/djia1900.html
Today, after the Big Bank Gargantuan Government programs and solutions extolled by fat cats receiving consumer and taxpayer trillions, what the current administration accomplished was to triple the Treasury Debt and increase the 1980 cost of living from 6% to 10%.
