Saturday, December 24, 2011
"We become an addict nation, riding the chemical wave of a pharmaceutical roller coaster fed by the opiates of fiat and fantasy."
By Brandon Smith
The vampire bat is a horrifying pig-nosed wart of a creature which feasts in a manner that, believe it or not, is a rather familiar scene to those of us who closely study alternative economics. After erratically flittering about in the sinking evening sky, it targets the warmth of a sleeping farm animal and latches onto it with its claws. Carefully, it inserts a fang into a vein dense region of the creature’s body, and laps away at the blood. Normally, the oblivious livestock are completely unaware and helpless to the attack. The tiny parasite does not inflict an immediately mortal blow to its host, but over time, disease and physical debilitation result. The vampire has destroyed the animal, and, pathetically, the animal has no idea.
Just as in nature, the economic world has its own bloodsucking vermin in the form of banking elites which are a wretched drain on the whole of the human race. Without their vicious and predatory presence, I envision a world so rapturously above and beyond what we wallow in today that it is impossible to describe. The disgust many feel when considering the virulent feeding habits of the common mosquito or the slithering leech does nothing to compare to the utter gut churning revulsion I feel when studying the financial habits of banks like the Federal Reserve and the “too big to fails”. They are without a doubt the most malignant form of social cancer imaginable.
And yet, after nearly four years of ongoing fiscal exsanguination, a sizable portion of the American populace is still looking to these pests for economic comfort and reassurance, just like farm animals consistently grazing near the entrance of a vampire bat cave, as if it is a shelter from harm. Worst of all is the willingness by which investors still, to this day, commit their savings and their livelihoods to the stock market meat grinder. Let’s be honest; the typical American daytrading investor is a complete moron. They have absolutely no sense of the fundamentals of our financial structure nor the eccentric rules by which it operates. They only have the faintest inkling of the functions of the highly manipulated stock market. They foolishly believe that what little money they make today riding the wave of an illegitimate liquidity driven rally they will actually get to keep. For them, stock investment is no different from buying a scratch-off lotto ticket at a hillbilly gas station; it is a cheap and tawdry game rife with failure but exciting to play, if only for a fleeting guilt addled thrill. Read More