America started becoming a fascist nation more than a century ago – to clarify, not Nazi, but fascist – with a small f.

Unfortunately, freedom’s life blood has slowly been draining out and the country has been surviving on artificial life support for quite some time. Vital signs are fading. At best, all the great physicians can do is keep the machines running, but the republic is basically becoming a vegetable.

Life will go on – Yes – but not the life that was breathed into the nation by the founding fathers.

Rather than dying a bloody and brutal death at the hands of European fascists as some did last century, we’re going out in a comatose state – thanks to a slow but steady overdose of socialist morphine – Assisted suicide I believe they call it.

Oh! – The “compassion” of our “progressive” guardians who have taken charge of our very life and well being.

The United States has just elected a Marxist as President. This particular Marxist just happened to have been present at the founding, and was instrumental in the founding, of the mortgage mess. When President Clinton relaxed the loose requirements of CRA 1977, Obama was a leader in developing the tactics of demanding mortgages for unqualified buyers. The Democrats in Congress were fully supportive of this particular Marxist spread-the-wealth scheme, and continued to block reform efforts after it was obvious that there was a lot of bad paper out there.

No investor would willingly leave himself exposed to the inefficiency and corruption of a Marxist regime, or the danger of confiscation. So, a whole bunch of investors bailed. Fast.

Did this put a strain on the system and on liquidity? Oh, yes. Has the recent crash of the markets reached bottom? Almost certainly not. The Marxists have been trying to capture the government of the United States since at least the time of the Great Depression. Having succeeded, they did not gain control of the government in order to continue old policies, even though Obama’s economic team and cabinet has some old faces. The Marxists are temporizing while they gain control of the Supreme Court and the economic and governmental levers.

So, an analysis of the current condition of the markets is useless without minding the major, radical change which has taken place in our system of government. Marxists are keen on supplanting the Constitution with the Communist Manifesto, which, to some extent, they already have. Marxists attack our Constitution and the Bill of Rights, ridicule all belief systems except their own, and deliberately try to destabilize the nation with Marxist redistribution schemes, such as the mortgage crisis.

Enjoy.

Do we increase transportation or energy related infrastructure to improve the quality of life around the world? What would that do to energy availability or prices? Is quality of life simply defined as a good meal with family and friends? Are we headed back to simpler times?

It seems to me that many First World youngsters want all the toys, enjoy them, and then die heavily in debt; relying on the insurance industry to pay the bills. I think this type of thinking has caught up with the world.

I suspect we are at the start of a long period of belt tightening, and ratcheting down of lifestyle expectations. In the end, debt loads will be manageable for those paying the bills. I don’t expect we will get there giving away too many free lunches.

Will a global stimulus package work? If it is seen as a global free lunch… not a chance.

Yep. People just can not give up the old gods, the old ways. I was watching a program on the last days of Berlin. They interview a now old German that was a kid. Russians within a mile or two of the bunker and he thought Hitler would still pull through with the old magic.

Wait until the Chinese Communist Greed-heads start selling off Treasuries by the boatload to buy time until their million dollar Canadian resident permits can be arranged.