You read it here first a few weeks ago: the Feds are on their way to suicide. Praise the Lord:
Helicopter Ben Bernanke’s Federal Reserve is dropping trillions of fresh paper dollars on the world economy, the President of the United States is cracking jokes on late night comedy shows, his energy minister is threatening a trade war over carbon emissions, his treasury secretary is dithering over a banking reform program amid rising concerns over his competence and a monumentally dysfunctional U.S. Congress is launching another public jihad against corporations and bankers.
As an aghast world — from China to Chicago and Chihuahua — watches, the circus-like U.S. political system seems to be declining into near chaos. Through it all, stock and financial markets are paralyzed. The more the policy regime does, the worse the outlook gets. The multi-ringed spectacle raises a disturbing question in many minds: Is this the end of America?
After that it degenerates into optimism, but the “point of recognition” is close at hand. The rebellion of conservative governors (including our own chameleon conservative Rick Perry) refusing federal funds is a very positive development. If what good for the feds isn’t what’s good for Texas, well that opens up all sort of possibilities.
Combine this with members of the armed forces questioning Obama’s eligibility as commander-in-chief AND forming organizations promoting disobeying unconstitutional orders, and we might be in for an interesting four years. Once the electoral-demographic window closes in 2016 or so, i.e. the last date at which Reagan’s coalition could get a majority due to immigration, a military coup to restore the Constitution may be our best hope.