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I'm already hearing talk of how companies are being "forced" to raise prices because their "input costs" are going up.
It seems we are told by the Federal Reserve Bank that the economy needs more inflation. That the Federal Reserve Bank is "mandated" to increase our inflation rate.
Millions of Americans have lost their jobs. As a direct result millions of Americans have been removed from their homes and put on the street by banks through foreclosures. Perhaps the banks are "mandated" to foreclose..
Millions more Americans are precariously balanced on the knife's edge right now..
Even those who have been frugal and saved to have a bit of interest income have been confronted with extremely low interest rates since 2001.
Many people have been out of work for 2 years or more now.. Even if they had a nest egg it's likely gone. Their job skills eroding in a buyers market in labor..
And this is "saving our economy"?
Inflation may push them right off the cliff.. And there are no bailouts for 99'ers, only banks and "important" corporations. AIG, GM, Chrysler, Freddie / Fannie..
We could end up just like Egypt and for the same reasons..
Will our own government promise right now?
Not to use military force to put down open dissent?
That they will not shut down the internet?
That they will agree to peacefully "step aside"?
Thanks uncle Ben (Bernanke)
Greg
Sedition
The term sedition in its modern meaning first appeared in the Elizabethan Era (c. 1590) as the "notion of inciting by words or writings disaffection towards the state or constituted authority". "Sedition complements treason and martial law: while treason controls primarily the privileged, ecclesiastical opponents, priests, and Jesuits, as well as certain commoners; and martial law frightens commoners, sedition frightens intellectuals."
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