Back from vacation and yes, I know there are lots of cool local things going on-- already have posts lined up for Sunday, Monday and Tuesday to handle those topics. But, since the Dow Jones dropped about 400 points over the last two days, I wanted to introduce everyone to who to thank.
This is Paul Singer, the hineyhole who is behind the latest global economic crisis. True, likely the several world military hotspots finally were noticed last week, but I don't think all this badness would've gone in the global economy had good ol' Paul not f'ed with Argentina.
And what's the result of f'ing with the Argentine economy? Well, this! And this isn't good. Because when a nation defaults on its debt, it creates a ripple effect that is felt around the globe. There is increasing sensitivity to other nations that are also very delicate or troubled financially. And it makes everything worse. Witness what happened recently with Greece, and what was going on a couple years ago when the US actually almost went into default on its debt.
When I put these two pieces together-- Singer's status as a major GOP SuperPAC donor, and his role in calling in Argentine debt and bringing the nation again to the economic brink, a picture emerges. A picture that suggests that it's to the benefit of himself and of those he supports if the global economy faces some turmoil. That instability reaches the US economy. And if the US economy is rocky, that emboldens the GOP in making claims that this President is a flop andf the GOP would be running things SO much better. Which, of course, they wouldn't.
But, this is just conspiracy theory making, right? A conservative American billionaire wouldn't use his wealth to destabilize a national economy in order to achieve a domestic political purpose, would he?
Think about it.
Today is National Mustard Day! I love me some mustard.
And let's be careful out there.
#superPACs #USpolitics #Argentina #uglyamerican