Sugar Daddy FED Creates Generation of Prostitutes

76
Sat, Jul 9, 2016 - 11:47am

Economics is based on human behavior. “One of the central tenets of economics is that people want certain things and will change their behavior to get those things – in other words, people will respond to incentives.”

Applying this to the FED’s policies, and ramifications, should then yield logical connections between the results of the FED’s policies, and their intentions in implementing them, then, right?

Stated differently, the FED intends the consequences of their actions, correct?

If the consequences are unintended, then, it means that the FED’s actions were lacking intellectual rigor, meaning they stupidly did not consider the outcome before acting. Or, nefariously, instead, the FED’s claim that the consequences were not intended is but a lie, as the reality is that the FED intended that which occurred all along.

So, with this backdrop, let’s look at some consequences of the FED easy money, in a way that exposes the FED as a corrupt organization hell bent on saving the too big to fail banks at all costs.

The FED’s easy money policies have given those with first access to the money enormous sums of paper fiat, which has in turn driven up asset prices, boosted the stock market, allowed big corporations to buy back their own shares, artificially boosting price and giving those corporate big wigs outsized bonus payments and stock option windfalls. This reality of artificially boosting stock prices has not worked to stimulate the economy, but instead has only created a larger gap between the haves and the have nots.

The easy money FED has also done generational damage, priced in terms far to large to quantify. The FED has, through years of reckless, low rates and centralized planning, created a perverse incentive structure for young people in general, and young women in particular.

The FED has so thoroughly and so completely skewed the normal business cycle and the destruction phase of capitalism, that there is no longer any business incentive to create real jobs. Coupled with the inept federal government and its elected officials that are either too corrupt or too timid to enact real economic reforms, but instead doling out even more easy money in the form of student loans, home loans, etc., this has worked in combination to drive up the costs of college, and saddle college kids with enormous student loan debt, that cannot ever get repaid absent some miracle of a high paying job.

So, in a self-fulling cycle of desperation, young women fresh out of college cannot get a real job, or can only get one with low pay.

In a very rational application of economic theory, the incentive structure as discussed above, the recent graduate has a choice: take a low paying job if it is even available, or find another way to pay bills other than getting a traditional job.

So here we are. The new economy. Thank you Greenspan, Bernanke, Yellen, and especially the Keynesian apologists like the bearded-dunce Krugman, who is the modern-day Joseph Goebbels, spouting his Keynesian gibberish that gets a ready audience from his sycophant elected officials caring only for the next election cycle and how much free shit they can give away.

It is with this backdrop, that I am not surprised at all to read an article that speaks openly of the “new prostitution economy.” This was on Drudge recently, in a major publication. It is not Taibbi writing an excellent expose or saying scary things in a way designed to frighten people. No, it is right there for the consumption even in the highest circles of the moneyed class in their ivory towers.

So, why did the FED unleash this new economy, and turn a generation of young women into prostitutes?

Was it intended?

Was it not intended?

If not intended, then how could those ivy-league educated Ph.d’s NOT have seen the natural outcome of years and years of easy money?

I say they DID realize the outcome of their easy money policies would lead to generational paradigm shifts, like turning 20-something women into whores, and despite this foreknowledge, they embarked on their free-money plan because to them, anything else would have been worse!

See, they care only about their own kind: The TBTF banks. Some middle-aged couple’s daughter is not something they care about. Some old man getting a shot of leg, from a comely 20-something hottie, well, that is right in their wheel-house, and why should not captains of industry and the elite moneyed-men realize a little pleasure after decades of doing God’s work?

The reality is that with the Fed printing to infinity, the economy has so severely hampered real job creation, and artificially skewed prices, that such has had profound, societally-corrosive effects.

(1) Wealth is enormous to the elites, such that there are tons of older men paying for sex with 20-something women. And, the same is true for older gay men paying for sex with young men.

(2) College graduates are NOT seeking to earn their way to the promised land with hard work, sacrifice, no. Instead, they are seeking instant rewards, with no stigma or judgment, or real consequences, just like the Fed with its QE to infinity. They want the benefits, with no effort.

But, us normal folks, laboring at the base of the ivory towers, pitchforks in hand, know better. There is no free lunch.

The only way out of this is a return to sound money. Savers are to be rewarded. It is from savings that a society reaps rewards, not beggaring thy neighbor in a race to the bottom, run by centralized planners who wreck all that they touch to keep their place of special privilege.

Read the Vanity Fair article, and try not to become enraged at the banksters. It is a cultural watershed eye-opener of a topic. It flows with the narrative that we live in changing times.

As we have all been witnessing, we are living in a fourth turning, with upheaval about us every day, incrementally becoming more and more apparent, coming with a fury and vengeance just as sure as night follows day.

As I started writing this a week ago, we have had the Minnesota shooting of an innocent black man by militarized police, have had our gun rights come under attack again by calls for gun control, and in a natural cause and effect result, watch as the populace reacts to out of control law enforcement lashing out in a fit of outrage and targeting cops in Dallas and Louisiana, with more on the way in Tennessee, Georgia and Missouri.

Indeed, the populace is waking up, and the consequences of easy money are going to be realized as the end of the Keynesian experiment collapses of its own enormous weight.

Welcome to the Summer of ‘16.

Please prepare accordingly.

Stack silver and gold, and get yourself in shape, healthy, spiritually, mentally, be ready. We are living in interesting times.

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Carmen
Jul 9, 2016 - 7:37pm

Saddled with debt and no jobs

Very good but I disagree with one part of this post. College has become overpriced because of all the money printing and low interest rates. Kids are led onto this hamster wheel of debt by the culture, the colleges and the banks and later cannot get the job they were led to believe they would get. Some of their dishonest delusional elders have cheated their generation and bankrupted their country so I find it very unfair to make this statement about them:

"2) College graduates are NOT seeking to earn their way to the promised land with hard work, sacrifice, no. Instead, they are seeking instant rewards, with no stigma or judgment, or real consequences, just like the Fed with its QE to infinity. They want the benefits, with no effort."

The latest ones are the little Snowflakes and not at all prepared to face the harsh world we are leaving them, because they have been programmed for instant gratification ever since they watched Sesame Street, geared toward creating a short attention span. Unable to focus on anything for very long, they were fed gateway drugs to be able to navigate in the fog of a polluted environment and pesticide laced food... No wonder some of them turn to selling themselves... Oh and not to mention what they are initiated in when they are sent off to mixed college dorms far away from home with few rules to bump up against, and little guidance while every vice is made readily available. This culture was already in place on campus. I heard stories of girls going up to frat boys rooms during parties to exchange sex for drugs in 2005 before the real estate crash. The parents of these kids had no idea. The parents were told by staff that they shouldn't interfere. It's a very strange initiation for many young people which sadly doesn't resemble the fun of their eager parents college experience. It's a sad testament to our instant gratification culture, which we can all see has been fueled by printed money.

streber
Jul 9, 2016 - 7:12pm

Cal Law Article

Well done.

I notice some dissent about the MN shooting. This tragedy was, plain & simple, a frightened, idiotic, lightweight PoS cop executing one of our fellow citizens. Here is something I recently posted on another forum...

===================

Latest blowback from cowardly, moronic policing (Erik Scott/Las Vegas, Walter Scott/South Carolina, Philando Castile/Minnesota, Alton Sterling/Baton Rouge, Eric Garner/NYPD, Stanley Gibson/Las Vegas, Sgt now Lt Brett Seekatz/Henderson) which is condoned by feckless management, police union scum with little concern of professionalism & local DAs who are as bad as the union scum that continuously protect & cover rogue cops.

Web search any of the above and learn.

Plain & simple, all the above crimes were the result of a system that has lacked accountability for decades.
Rogues and mental lightweights (some with track records who should have been fired long ago) were protected.
The damage is done. Too late now. The future has arrived.

I am saddened by this. I have friends, past and present, in the bidness.
Disclosure: Former deputy for LA County Sheriff Pete Pitchess (may he rest in peace).

https://l.facebook.com/l.php?u=http%3A%2F%2Funiversalfreepress.com%2F201...

Whitecastle123StevenBHorse
Jul 9, 2016 - 6:51pm
ag4me
Jul 9, 2016 - 6:31pm

I find it interesting

that in the comments of an article about prostitution, we see the works of the "gold is a pet rock" writer. When someone falls in love, and builds a relationship of trust and mutual satisfaction, that person would never be considered a prostitute, even though some of the same physical activities might be involved. So enters the relatively new term, presstitute. While the passion and enthusiasm of a fresh new journalist seeking to uncover the next big story might make for a romantic tale of finding one's way in the world, the reality is that only those towing the company line are going to be around to collect their pay.
Is the pet rock writer an idiot, or a presstitute? I remember the debate exercises in school, where our instructor would purposely place us on the side they knew we would not naturally fall on. It always surprised me how easy it was to develop arguments and counter arguments for something I didn't even support or believe in. In the case of the pet rock writer, he might not have much to work with, but when you are a whore, you work with what you've got!

Goldencross
Jul 9, 2016 - 6:30pm

US Monotary policies and Wars lack exit strategys!

"If the consequences are unintended, then, it means that the FED’s actions were lacking intellectual rigor, meaning they stupidly did not consider the outcome before acting. Or, nefariously, instead, the FED’s claim that the consequences were not intended is but a lie, as the reality is that the FED intended that which occurred all along"

Maybe the truth is simple but very disturbing. Every war the US started after WWII the problem has been NO EXIT STRATEGY!

And who instructed the US government to start all of these wars? Yep the banks, the FED.

So they don't have a clue what they are doing and what the consequences are. We have a saying in Holland "voortschrijdend inzicht" It's something like, as we go along in time the answers and solutions will come to us, new insights. And when that does not happen we kick the can one more time, and another time, enz enz...

In the end the pile of shit they created is so big there is only one way out. Let the system collapse. But who will get the blame? So the TPTB create more economic mayhem, civil unrest (Dallas) and WWIII with Russia.

IS THAT THE EXIT STRATEGY???

Thanks for the great post CAL

p.s. before you think easier said than done, YES. Look at Island they had huge problems e few years ago they led the banks go bankrupt the money of the Island population was deposited in new banks and... yes the banksters went to jail!

So Island had an (exit) STATEGY.

StevenBHorse
Jul 9, 2016 - 6:12pm

Krugman

On my short list of pekoe I would literally kick in the face if I ever met them in real life.

StevenB- baddest, hardest , toughest motherfucker on the tubes.

Great stuff Cal

Jul 9, 2016 - 6:05pm

"The bearded dunce Paul Krugman"

God, I can't get over how perfect that is.

AlienEyes
Jul 9, 2016 - 5:40pm

Seems simple to me....

The acts of politicians (whores) beget more whores.

but

It is better to have more whores than more politicians.

because

Some whores are "worth a f#%k" but not so with the vast majority of politicians.

(Sarah Palin, Michele Bachmann, et al, excepted.)

AE

ps,

Well done, Cal. Very well done.

SilveryBlue
Jul 9, 2016 - 5:33pm

Chanel eh?

I can't help it. From now on any designer label handbag will be a HoBag to me. I hope they don't mind what these people have done to their brand LOL

The really sad thing is that being focused on material goods/survival, these people are completely blind to what is coming. As the long time professionals note, the market is becoming saturated with these amateurs. As soon as the downturn hits, the sugar daddies lose their portfolios. Maybe the cheese sandwich pricing isn't so far off.

So sad to see young people who have no idea about real healthy relationships

Sanford
Jul 9, 2016 - 5:05pm

Can you

Imagine how great this country would be if the Washington insiders focused their efforts and policies on helping our country thrive instead of enriching themselves and their masters? How did our forefathers pull off the Revolution without cell phones, internet and other modern communications? One man or woman cannot solve the problem alone, but even the enlightened do not seem to have a clue as to how to come together to bring about meaningful change. I feel selfish in my preparations for what is to come, but even most of those close to me refuse to act. Perhaps we as a whole, are all still too comfortable? We feel we have too much to lose? I suppose that is what the huge program of entitlements is all about? By the time the population is uncomfortable enough to act, it will probably be too late.

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