Fox News "War Room" Forecasts Mad Max Existence In 2014 Via "The Bubba Effect"

Remember when just a few years ago, anybody predicting something like a Housing Crash was called "tinfoil hat wearer", "black crepe paper hanger", "Survivalist", "anti-American", "Chicken Little", and so on and so forth? If you dared predicted a credit meltdown or banks going bankrupt, you were labeled even worse.

Back in 2003 and 2004, it was a lonely time to be one of the few people on a great message board on Motley Fool called the "Misheldo" board. The founder, Michael Shedlock, was hounded time and again by Lawrence Kudlow types who were drunk on the "Goldilocks Economy" Kool Aid that was passed out by Lawrence Kudlow and Jim Cramer on CNBC.

Michael Shedlock, Mish is what we all called him, has now gone on to found and write one of the 5 best macro-economic blogs in America in my opinion called "Mish's Global Economic Trend Analysis". It is in his honor that I present this video which comes, from all places, Fox News. Mish had to go through way more hell for a much less gloomier outlook in 2003 and 2004 when trolls surfed his board at Motley Fool and lobbed stinkbombs his way every day. Now Mish looks like the genius he is for seeing how the Housing Bubble and Credit Bubble would unfold.

And now that Fox News is presenting the over the top "Armageddon" scenario for everyone to view, I wonder how all those old critics of Mish from the Misheldo Board feel that their cherished network of choice is broadcasting a blacker, no, make that a Doomsday fear than Mish ever presented on his board? And Mish's critics thought him irrational and un-American just 5 or 6 years during the heyday of One Party Rule and American Empire?

It's amazing what running an American Empire does to an Economy when no one is watching the foxes in the hen house. Mish was right. His critics were wrong. He knew which banks were worth zilch years ago. He knew how bad housing's crash would be. He understood Money creation, wealth destruction, CDOs, MBSs and all the other types of geometric ways of wealth creation by the Masters of the Universe on Wall Street. He called out the Kleptocrats, the Oligarchs, the Plutocrats, and the socipaths in white collars and Armani suits time and again, and time and again, he was ridiculed for being so pessimistic and anti-American.

Speaking of foxes, I never watch Fox News. I am sitting here, still stunned, to learn that it is Fox's mainstream media infotainment which has broadcast "scenarios" of what America could be like in the year 2014 if what they call "The Bubba Effect" takes place.

This is the kind of thing that Fox would have made fun of had CNN run something like it during the One Party Rule days of President Bush. So, it's ironical that an ex-CNN show host is the talking head pushing a Mad Max America in the first 34 days of a black Democratic President who took over from the Party Which Wrecked America.

But I digress.

Fox let Glenn Beck off his leash and had him bring in ex-CIA analysts, Army spooks and other Armageddonist type prognosticators and had them all bat the idea around, "What would America look like if all these bailouts and other government programs fail and we see something worse than the Great Depression?"



The program begins with this alarming text warning:

"Topics discussed on today's program may be disturbing to some viewers. The views expressed in this program are not predictions of what will happen, but what could happen. The panelists have been asked to think the unthinkable. Viewer
discretion is advised.

Then Glenn Beck in his "War Room" gives us the first scenario set up:

"The year is 2014"

"All the banks have been nationalized"

"Unemployment is between 12% and 20%"

"Dow is trading at 2800"

"The Commercial Real Estate Market Has Collapsed"

"Government and Unions Control Most Businesses"

"And America's Credit Has Been Downgraded"

and then Beck and his guests have at it . . . with a few other scenarios tossed in for the End Times crowd.

This is America 2009, mainstream network TV talking Apocalypse. I don't remember anything in my lifetime which comes close to this, except for the Cuban Missile Crisis when we had daily "Duck and Cover" exercises at school, and we had drills to run down to the basement "Fallout Shelter".

What an interesting time to be alive . . . I sure hope we can look back on this video clip and have a great big laugh, but then again, the way things are going (the news that AIG had the biggest quarterly loss of any company ever last quarter . . . $60 Billion . . . announced yesterday, simply short circuited my brain) anything seems possible. I hate to say it, but some of the views expressed about the survivalist meme going out on the mental grapevine hold some truth. I've heard the discussion in my bar and from guys I've ridden with on motorcycle excursions.

One last thought: we've read numerous reports on http://www.a1anews.com/ about the ammunition shortages out there. That news and this video makes you wonder if there aren't thousands of survivalists hunkering down in un-reported militias already? I don't know of anyone who is part of a militia. But I do know people leaving Key West and moving back to the country, readying for times worse than today.

Regardless, I expect Hollywood to pick up on this trend and send us the latest Survivalist picture with Mel Gibson's comeback as Mad Max. If it all comes down to a Mad Max scenario what will you do? Can it get crazier than it is?

Just asking.

Caveat Vendor and Don't Tread On Me,

Rock in Key West