The Wolf is at the Door
By Frances Marie Smith
The JIG is UP and we are now in a” Depression”. Officially no, but many parts of America - like Detroit and large manufacturing areas are in a Depression. But nevertheless, we must deal with the coming depression. Years ago, during the early 1990s, I read a book called “The Great Reckoning” - by James Davidson. If you have any time please read this book. This book has been a great resource. As America begins to Nationalize just about everything this book will help guide you through some of the tough economic times to come. I was telling someone who knows Davidson personally that his work has been of great inspiration to me. He also wrote about the New American Gangsters - mobs - that will be created as a result of nationalizing our economy. .
The New American Gangsters
The jig is up while the wolf is as the door, references the fact that most of the financial mess was not created by Republicans but by Democrats and now its time for Republicans to stop crying over spilled milk and tell the American people the truth about how the deregulation begun under Reubenomics. Yes, it was Robert Reuben who created many of the financial instruments that we are dealing with now. But, the GOP will need a strong “Posse” in order to hold back the corruption that will plague the “New American System”. If folks think that things are bad now, just wait until 2010, 11, 12 and 14 comes, things are about to get extremely crazy.
Obamanomics will only try and create some sense of stability and confidence back to the American people. But the fundamentals of the underline economy will really have to be dealt with by Republicans. It will take the fiscal Republicans who have a clear and keen sense of policy to ensure that Democrats don’t mess the financial markets up again. The top gun, Larry Summers is tough time will tell if he is tough enough to deal with what is coming down the pike. I don’t care how smart you are; some times you can get stumped on some of the simple things in life. As most of you know, Summers has been classified as being arrogant and strong willed. But if he doesn’t play the game with a keen and mild head, the time bomb will explode. Summers is extremely good, but he will need the support of women, to help turn this economy around. Larry will have to get in front, and not navigate the ship behind the scenes.
Summers will now have to deal with the Banks and their lending practices. Banks, right now won’t lend not because they don’t want to, but they can’t. The rationale is not the conventional reason that most people would think of. The Wolf can be exposed for being a wolf, but I realized that many of the GOP leaders couldn’t speak out because many of these folks are truly their friends. No matter how rogue folks are in life, many of the political elite must be silent. This has placed the Republican Party in what I call a “Strangle”. As the new Clinton Cartels form within the Obama Administration, Republicans had better gear up for a big fight. We are out numbered now, but with some great engineering techniques, the love affair on the left will soon come to an end.
The Clinton Years
During the Clinton Administration Reubenomics allowed for fiscally irresponsibility by deregulating the markets and allowing everyone to sell products that didn’t have a clear understanding on how the products really work. Bankers should be bankers, Insurance agents should be insurance agents and Investment Consultants should be investment consultants, but when you try and have a “Jack of All Trades” deregulation created a “Master of None”. Now, we are truly experiencing all the “JACKS” loosing their positions. When deregulation happened, the banker was in competition with the insurance agent and the insurance agent was in competition with the broker. This caused massive selling with few little customers. So, if there was going to be massive selling, then you will need a larger audience to sell to and that’s how the entire financial mess sold to the American people who were ripe for the taking.
Reform is what we need in our financial markets, but Republicans will need to repackage the American Brand. Take the advice of James Carvel, Democratic strategist he said that the Republican Party was still stuck in the 70s 80s and 90s. Our message does not go over well with the “New America”. If the Republican Party is not ready for the Big Tent, then the Big Tent will over take the Republican Party whether they like it or not.
Don’t let the Wolf fool you!
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