Sock & Punch to Uncle Sam by S&P downgrade

The mighty dollar seems fallible this week and the world's largest economy isn't living according to their means and be economical in their life or spending and depend on the charity or is it mercy of those who hold billions of US dollars of Uncle Sam's bonds and securities, like Communist China and Japan!

Uncle Sam and his family don't think it a a shame to depend on the Communists to prop up their economy. They used to hate and spent billions to prevent Communism from threatening their security - remember what they did during the Vietnam and even Korean Wars. The fear of the domino theory of Communist domination of South East Asia. Bolehland even backed Uncle Sam, Dalat in Penang being a R&R place for the Yanks to recuperate before they return to Vietnam to shoot em Uncle Ho CM's Vietcongs. Of course, BolehLand kids these days don't know their history. In fact BolehLand has two minds about how to deal with the Communists. On one hand they throw the book at those who have any hint of spreading or having Communist thinking or links including t-shirts that are available on sale in any pasar malam. Of course it depends on who is in possession of them to be deemed some commie sympathisers.

And on the other hand, BolehLand sees Red China as their salvation, economic salvation that is. Those who know the Communists know how snakey they are. Of course there are also snakes in democratic nations too. And Uncle Sam is one big anaconda too when it comes to defending their mighty God called capitalism. They have courted dictators, murderers and just about any bad and evil government they will brand just so that they can use them to ensure their wheels of capitalism is sustained in US of A. The case in point is oil and we know the two timing diplomatic games they have played and are playing and will not hesitate to play.

And to keep their big M flowing to always be on top, no not the food burger but the mighty money dollar, they would bend their democratic principles and court the communists to sell them Treasury bonds and what not!

As Russian leader Putin remarked this weekend, those Americans have no money but live on credit, and that credit is supplied by outside people!!! Their wealth is like the internet or dot com hype and now social media boom. Their confidence is based on a believable future assumption that is some reality today and in the future too. So internet stocks are highly overrated and you generate an artificial wealth, based on a future perception that will become a reality.

And there are in trillions of dollars in debt but noones seem to worry because the world are doing a Greek on them too, propping them up like during the mortgage, derivatives crisis where it is too dangerous and detrimental to let large financial institutions fall because of the implications!

So if Uncle Sam's eagle looses a few feathers and goes blade at the wrong places, the world panic simply because it is the world's largest consumer living on credit and if the Yanks can't buy your tou foo you think you will become as poor as them huh?

That is why ole Tun M is wise to diversity BolehLand's trade, look East, go south and go south south to ensure we have, so to speak our eggs sold in many baskets and many places!

Japan was the second largest economy and noone was poorer nor did Uncle Sam bother to help them. One has an inkling feeling the West were all in glee that the Japanese economy is not healthy as they use to complain the huge surplus they get in their trade.

Now China is the second largest economy and the world panics if its economy falters because there is a belief these capitalist communists are biggest consumer of natural resources and biggest spender of Western goods that pumps in money into their own economy! So if the Chinamen are the big spenders, why is the world in panic S&P downgraded Uncle Sam?

Well it's the power and stranglehold of the mighty green buck! The greenback is like the Green Lantern that is so powerful it can do anything it wants including literally destroy the world too. At least that is what those economists warn the whole world. So these economists are conspirators of sorts of coming to protect the mighty greenback even if Uncle Sam is bankrupt and living on credit!

What use is it to be the most powerful military nation if the aircrafts and nuclear bombs can't help to give jobs to your own people or protect the nation form being bankrupt? Isn't the threat to Uncle Sam from within their highest office from bad government than al-Quedas or fundamentalists or extremists a few thousand kilometers away huh? The government is spending what it does not have and they get away with it?

When other nations run into such monetary and financial crisis they get whacked. But when Uncle Sam is in trouble, they expect others to bail them out huh? Where is the logic? Those Wharton and MIT fellos teach others you got to spend and live within your means. These very same people also think up of ways to make paper money and fool innocent investors and cheat basically. The mortgage crisis is a stark example on how snakey these people are to make money out of nothing but formulas, equations and a perceived confidence that the future reality is as believable as you breathing now.

President Obama may think he is the most powerful person, military wise and this belief is true and real. Even if his backyard is bankrupt, at least he knows the billions his previous Uncle Sams have amassed may be useful if their other weapon, the economic one that they have cleverly used to dominate the world's economy fails, the weapons may come in handy perhaps eh?

Of course the Obama fellos will want to accuse S&P of being wrong just as they did on those ratings of supposedly AAA+ papers which turned out to be useless than tissue paper. They would be demonised and made to admit they are also wrong this time, no? And in the meantime, it's spending as usual for Uncle Sam and his family we can supposed. And who is S&P to tell the Yanks to stop having a good time huh? You think the communist capitalists in Beijing or the ever so unfortunate nihoen jin can ask the Yanks to stop swiping their cards? It's like asking the Yanks to give up on MacD and their coke huh?

So there might be good news to BolehLand government when Uncle Sam is in misery. 1Malaysia can also tell the ordinary ignorant folks, no worries we are in debt. After all the world's largest economy is also in debt and people still respect them, so what's the problem if our country is in debt, eh? And with this comparison, we ain't doing bad right? Hmmm, no wonder there is optimism and confidence they will get back their two thirds eh? - YAHMEH!!!