The Stock Market Is All There Is

As far as I know, I am the only economist in theworld who is predicting the collapse of the United States of America. I don’t mean that we are just going to experience a depression. I am talking about our political system collapsing as well. Expect an event of the same nature as what took place in the old Soviet Union when that system collapsed.

Why am I so sure? While other economists focus on numbers alone, I look at the forces in nature that cause those numbers to be what they are. All one need to know is that the ingredients that cause prosperity and peaceful living have been removed from our system. Our free market system has been dismantled. In politics, belligerence has replaced democratic principles. as the driving force. Without these two items, the country has no prayer of recovering from a depression or restoring itself politically. From this point on we are living in an every man for himself situation. The country is going to collapse. Watch and remember who told you so.

The same people who have no doubt that the 2020 presidential race was tampered with and rigged are completely unwilling to entertain the idea that the stock market is completely rigged. The stock market is not just rigged, it is micromanaged higher. What the GameStop retail traders on steroids are doing on a daily basis has been going on with high frequency firms for decades. So, what is driving GDP? It is high asset prices and government spending. The collapse will come when the stock market finally breaks. The driving force behind economic growth since 2009 has been nothing other than the purposeful elevation of stock prices. So, what is driving stocks higher right now? In many cases, we might as well be trading bags of sand from the beach. There is no actual thing causing stock prices to rise other than the staunch determination to keep them moving higher.

There are two scenarios that are reasonable. Prices can continue to mush down in a tepid downtrend until a serious decline accelerates the process. Or, It can all happen on one day from hell that comes out of nowhere. I am inclined to go with the second potential case.

With limit down rules in place, it could take days or weeks for retail customers to liquidate. The stock market really is all there is to the economy. Once it breaks, everything in the world will change suddenly.

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Organized Crime Owns Your Government

Organized Crime Owns Your Government PDF Version

Benjamin Franklin was terribly misguided when he made that quote. Democracy had never been thoroughly tried, so he can be forgiven for not foreseeing that there were more serious issues with the abuse of democracy than what originates with ordinary people. So, the United States is organized as a republic and that is supposed to keep the masses from voting everything in the treasury into their own pockets.

Over the years, new sophisticated systems of exploiting weaknesses in democracy have evolved and are now used. Experience shows that the poor do not have the wherewithal to petition government. The poor have not actually tried to take anything from the rich.

The unwashed masses actually have presented no threat to any moneyed interests in the United States. They have proven to be a constituency worth buying by providing a few benefits to them over the years. But, no money has ever been voted out of anyone else’s pockets based on any actions by the poor. Instead, democracy turns out to be an incubator for crime, especially of the organized variety.

Organized crime, by financing campaigns and running its own candidates has taken over government. Why would they not? Who is to stop them? Suppose an organized crime syndicate is worried about the FBI. Why not just buy the FBI? Why break a law? Just pass a new law legalizing a previously illegal activity. What do they do to keep the keep the public on their side? They buy all of the media outlets and make sure citizens only hear what they want them to hear.

Americans get confused. They see a massive group of migrants marching towards the border. The march is reported on as if it was some kind of organic event that has just sprang up? The migrants are presented as if they are no different than any other people coming to the United

States looking for a better life. But they are different. The march is orchestrated and masses of poor people entering the country have great economic benefit to the elite who finance and organize these events.

The founding fathers were right, that with democracy, some potential threats would have to be
addressed. They did not anticipate that organized crime would take over the country. There is
talk about “the shadow government.” There really is no such thing. It is organized crime that dictates policy to congress. It is organized crime that causes senators and congressmen to step down, when their re-election is a sure thing.
But, many Americans benefit from the things organized crime does. That is temporary but some

Americans will always benefit and that makes it difficult to re-establish law and order. The founding fathers, like all historical figures were not at all like they have always been popularly portrayed. They were motivated out of self interest like all living entities are. The founding fathers did not provide a method for testing the constitutionality of laws. They may very well have purposefully left openings for the exploitation of ordinary people. The Supreme Court, a political body, ended up with the role of deciding constitutionality of law


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Trouble Shooting Democracy The Fix


Wherever you live, surely you have noticed that citizens are concerned that democracy based governments around the world are not functioning properly. There is a solution.

Since I am in the United States, what I am going to suggest here is based on observations of our system. In the United States there are two possible solutions. One is to change the method of choosing members of the House of Representatives to a jury system. If you think issues of passing laws are so complex that ordinary citizens would not be able to handle the job, you are wrong. I am not talking about a jury of 12 citizens. I am talking about a jury the size of the the membership of the House of Representatives. They would not have to be underpaid like jurors in court trials are paid.

The second method is slightly different and would entail the equivalent of a fourth branch of government. It would still be based on picking a jury. The role of the public jury would be to rule on the constitutionality of any law passed by the House and Senate and whether or not the law would be good for the citizens of the country. The decision would be made just like decisions are made in a jury trial. Notice that of our institutions, the jury system works very well, not perfect but very well. Our system of government, the way it is now is failing. The second system suggested is the better of the two.

When our leaders formed the country they anticipated issues with democracy. That is why the United States is organized as a Republic. The fear was that the masses would vote everyone else’s money into their pockets. That was a reasonable fear to have but they did not anticipate other ways the system could be corrupted.

As it has turned out, in a democratic system, it takes a very unlikely set of personality characteristics to get elected to a high office. Only folks with a political personality have the manipulative skills necessary to get elected to a high office. Political personality is like a euphemism for psychopath. The races are so competitive that the truth gets pushed out of the political dialog.

The founding fathers also expected that ordinary citizens would be more independent minded than it turns out they are. What determines how citizens vote. They vote for the candidate who tells them what they want to hear. That is not the truth. Voters serve only as a resource candidates use to win elections.

Today the United States government is used as a marketing tool for rigging markets and forcing citizens to buy goods and services they wouldn’t otherwise.  For sure, self government won’t survive if folks are not willing to make necessary changes required to make it work properly.


The truth is a hard sell. Fantasy Free Economics gains readers one at a time. Major search engines simply do not list blogs which disagree with their political agenda. As long as folks share the link to this blog and others speaking out against the grain, the truth will at least trickle into the public consciousness.

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Your Punishment For Believing Lies

Your Punishment For Believing PDF Version

I have a saying. When a lie is told, there are two guilty parties. There is the liar of course. Then there is the party for whom the truth is

not good enough.

Without that arrangement few lies would be told. The punishment for believing lies is suffering. Suffering always follows the believing of lies but the suffering is not distributed evenly among believers. It is possible for a person go a full lifetime
believing a slew of lies and never experience any meaningful suffering. Continue reading

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Why Does Government Grow?

Government grows every time a bill is passed. Bills get passed as a way of rewarding Americans with political power. Only a few have enough political power to get what they want out of government. Bills are passed as a way to extract wealth and income out of the general population.

People without political power are important to the political process only in their imaginations. Conservative echo chambers serve the elite because all of the time and energy of conservatives is absorbed with philosophical discourse. Being of extreme importance in their own minds they are lulled into believing they are making a huge contribution by teaching others how to think.

In a democracy based system it is the citizens responsibility to govern themselves. Governing involves work and since work is a second choice for the human species, messiahs are sought instead of delegates.

Politicians are assumed to run for office because they are good people who want to serve. In terms of goodness, politicians are neutral at best. Politicians run for office as a way of making personal use of rank and file citizens, as they bargain for power, influence and money.

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