Recovery Phase Indicator

Oil prices near $50 per barrel signals a stop and reversal of the deflationary phase and the beginning of the recovery phase of the business cycle.

Commanding the price of energy and food (core CPI) commands the depth and breadth of the cycle. Command has been accomplished with deregulation of a consolidated capital and the use of futures and options contracts. All that is required to reverse the deflationary trend is to stop buying futures contracts and allow prices to return to a "fundamental" bid rather than the speculative bubble bid of a consolidated capital.

It does not indicate the deconsolidation of the capital, but the active management of it by not inequitably bidding up the price of commodities and taking the value of your income, the value of your home and your savings. That value is now consolidated to the point of diminishing return. Specifically, at the most fundamental level of finance, it is the point at which the only people left capable of paying taxes--paying the debt and financing real estate dvelopment--is the upper class of incomes.

The value consolidated is now considered, by the principles of conservatism, to be the rightful ownership of those who own the consolidated capital--the people Obama is going to raise taxes to fianance our economic recovery. Opposition to it is solely a function of class distinction, of what defines the ruling class: you do not pay taxes, you collect them.

If the money needed to bail out the financial system you wrecked with leverage finanace must be borrowed from you through Treasury and the Federal Reserve system, you cannot be assigned the creditor status if you are the only party, class, that can pay it. Thus, economic growth, or the recovery phase of the cycle, marked by the reversal of core CPI indicators like fuel and food.

We now have a chief executive not incumbent to the creditors of our debtor-subject society. This is not a realignment from conservative to liberal identity that perpetuates the cycle of preserving conservative values and principles that verifiably result in overaccumulated wealth that causes cyclical crisis.

The larger cycle of a diffusion of power is in operation. As the retributive value is paid, rather than borrowed, through a peaceful pluralistic process that comes with a deconsolidation of wealth and power, the human condition is that much closer to actualizing an identity of self that was once the utopian fantasy of the dystopic critique.

Try as we may, there is no stopping the ideal whose time has come.

The ambition to power and dominion has been hoisted on its own petard. Where aspiring to a social position that by definition we cannot all have produced great wealth and power, the utility has diminished into large-scale economic inefficiencies and an absurd quality of existence in a a kind of existential Skinner Box where the self is condemned to the reward of the promise of freedom on command.

The contradiction is so profound to be irreversable. Our lives are no longer to be defined by the absurdity of being the slave aspiring to be the master. Our moral intelligence has matured to the empirical, practical realization, in the words of Abraham Lincoln, "As I would not want to be a slave, I do not want to be a master."