Nothing Can Be Done

By Ramirez, shamelessly pinched from here.
The country appears to be imploding. 
These policies have brought America to an end-stage metastasis. The way out would be so radical it can’t happen. It would necessitate a sweeping divorce of the state and the market economy. It would require a renunciation of crony capitalism and its first cousin: Keynesian economics in all its forms. The state would need to get out of the business of imperial hubris, economic uplift and social insurance and shift its focus to managing and financing an effective, affordable, means-tested safety net.
It would require, finally, benching the Fed’s central planners, and restoring the central bank’s original mission: to provide liquidity in times of crisis but never to buy government debt or try to micromanage the economy. Getting the Fed out of the financial markets is the only way to put free markets and genuine wealth creation back into capitalism.

That, of course, will never happen because there are trillions of dollars of assets, from Shanghai skyscrapers to Fortune 1000 stocks to the latest housing market “recovery,” artificially propped up by the Fed’s interest-rate repression. The United States is broke — fiscally, morally, intellectually — and the Fed has incited a global currency war (Japan just signed up, the Brazilians and Chinese are angry, and the German-dominated euro zone is crumbling) that will soon overwhelm it. When the latest bubble pops, there will be nothing to stop the collapse. If this sounds like advice to get out of the markets and hide out in cash, it is.
Nothing can be done. Which leads me to The Official Cartoonist's latest, w/ apologies to Lew, Stept & Tobias. Here's a taste, and then click over to sing the whole thing to yourself.

Come Solyndra, I can guarantee a loan
Comes the Beltway, I can criticize the tone
Come Benghazi? Nothing could be done.

Come vacation, Michelle. can take a separate plane
Come Joe Biden, I can leave him on the train
Come Benghazi, Nothing could be done.

Stand down Brother.
What difference does it make?
I’ll blame u-tube
While I campaign at your wake.

Brian Terry? There’s privilege to invoke
Eat a canine? I can always make a joke.
Come Benghazi? Nothing could be done.