Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Friday, April 08, 2011

Current Events: Government Shutdown

One quick point I would like to make:

The current media is a government machine for the purpose of furthering propaganda. It is a form of mind control.

So what has been in the headlines for the last couple of days? THE GOVERNMENT IS SHUTTING DOWN!!

The idea of the government shutting down is ridiculous. What I think is going to happen in relation to this is an imposition of a draconian-type legislation, similar to the Patriot Act, that will force the masses to submit to an ever-enlarging government, ever-increasing tax burden, and that top 1% will get richer and richer and richer. Slavery, I say!


They (Legislators) create this huge problem: THE GOVERNMENT SHUTTING DOWN
Then they create the solution: A BILL TO INFUSE MORE MONEY INTO CIRCULATION

"Hundreds of thousands of workers are suddenly out of paychecks." -Obama said that in a Press Conference today. This is an appeal to your emotions and the rationale of millions of federal workers who rely on those pay checks to live. Here's a novel idea -- why doesn't CONGRESS take a pay cut? Why does a government-shut-down mean that blue-collar folks will not get paid? If the government shuts down -- let it be in Washington D.C. **sigh**

In the old days, before the Federal Reserve System was created, the government had to ask the people (citizen/ tax payer) for more funds. Now, thanks to the Federal Reserve and legislation like Fractional Reserve Banking, Congress no longer has to ask the people for money. They just ask the Federal Reserve to print more money. Here's an example of Fractional Reserve Banking:
1. Congress goes to the Federal Reserve and asks for 10B -- they get the 10B
2. Congress in turn uses that money to pay all Federal Employees, including themselves.
3. Federal Employees turn around and deposit their money in a Federal Reserve bank (most banks operate under the Federal Reserve).
NOTE: that 10B has successfully been injected into the economy.

But with Fractional Reserve Banking, it doesn't end there. If all of that 10B gets deposited into the bank, it will show up on the Bank's books as an asset. Fractional reserve banking requires that the bank only have 10% of what it lends out to be on reserve. (Read it over a couple of times before you move on.)


If 10 Billion was deposited...... that means the banks can lend out 100 Billion. 90 Billion has been created out of thin air! On top of that... they charge interest!! **sigh** Does that make any sense to you? Following the money trail, who benefits from that?

So, let's think about this supposed GOVERNMENT SHUTDOWN... what's really going on? Is it as I am implying: that the mass media machine is advancing the financial agenda of the elite power class? I would have to say........ DUH!!!

And the American people, feeling the pressure of having to pay bills and save the federal worker and hold down a mortgage and keep the heat on and feed their children and send their kid to college and on and on and on.... will ultimately fold to whatever "those people" in Washington decide.

What would happen if allllll the Federal workers walked out tomorrow?
What would happen if we all said ENOUGH is ENOUGH and we all stopped paying our mortgages and simply WALKED AWAY?
What would happen if government was as small as it was in its inception?
What would happen if we let the GOVERNMENT SHUTDOWN as they are making it sound in the media?

We can overcome!
We must!

It has to start somewhere. Let it be now. Call your congressperson and tell them what you REALLY think. Tell them they need a paycut and not the blue collar guy or gal just trying to feed their family and put a roof over head.

Saturday, January 08, 2011

Wikileaks, Love Revolution, Hawai'i Media


Wikileaks is now available HERE!

I watched Video: Collateral Murder and was not surprised at the arrogance exhibited by U.S. Soldiers in Iraq. Though I have many soldier friends and soldier family members, I have NEVER supported this war. I will NEVER support senseless violence, ever!

Imagine if a foreign army came to our shore and drove around on our streets in their tanks, their military helicopters, armed soldiers on the streets, shake down of men congregated together, shake down of religious sanctuaries, you get the picture! Imagine that.

Revolution! 
In this world, love is the REVOLUTION!

Don't believe what you see and hear on the network news. This country has not had an independent media in a very long time. I tend to tune into the Public Access stations for information. Our small little state, here in Hawai'i, has the largest set of Public Access stations behind New York City. That is quite a feat for our small state and we should preserve this special privilege.

Anyway.......
Within the past year or two, Hawai'i consolidated its news sources. Of course, this was strategically executed and positioned during an economic downturn thus blaming the economy for "mergers". The Honolulu Advertiser and The Star Bulletin were separate newspapers but have been consolidated.

KITV - Hawai'is ABC affiliate is owned and operated by Hearst-Argyle, an organization that operates in 25+ markets throughout the country. Cities like Sacramento, CA - Pittsburgh - Kansas City - and a host of other cities. 

Three different stations KHNL (NBC Affiliate), KGMB (CBS Affiliate), and KFVE are owned by Raycom Media Inc, an organization that operates in 35 markets throughout the country.

I discuss these issues with anyone who is bold enough to ask my opinion. I say BOLD only because I am quite fixed on some of my opinions and have a wealth of information that feeds my opinion. However, I am still quite open to new information.

Consolidation of the media in alignment with other cities is a subtle tool for mind control. For me it's not that subtle but for most people the television is a harmless appliance. I think that the consolidation and mergers of the media force feeds all viewers, on a mass/ national scale, the same information. It slowly conditions all viewers how to think based on what is televised. Eventually, nothing will shock, nothing will surprise, and Americans will continue to be lulled into an apathetic coma or a frenzied fear. We're already there. 

So what do we do about it?

Sunday, October 03, 2010

Money: Part I

There are several different ways of approaching the definition of money. According to Sirota in Essentials of Real Estate Finance, “Money allows us to convert our physical and mental efforts into a convenient method of exchange.” (Sirota, 2009) G. Edward Griffin (2002) takes the definition of money a step further. He states the following, “Money is anything which is accepted as a medium of exchange.” (p. 138)

Money has taken on several different formats throughout history. A system of bartering has always been present in every culture on the face of the planet. Another type of money is termed commodity money. This tends to be things that are commonly accepted for bartering more than others. Typically, this would be livestock or fresh produce. These types of things are termed “true money” because it is a medium of exchange and the items have “intrinsic value.” Eventually, societies became more sophisticated and began shaping precious metals into coins. Coins were considered superior to livestock and produce, even though those items had great value still, because coins could travel and not perish and were relatively convenient to use. Gold has stood the test of time as the most widely accepted precious metal in the world. After the fall of Rome, new civilizations created a system of receipt money. When merchants became too heavily laden with coinage, they entrusted their coins to the goldsmiths for safekeeping. Merchants would deposit their coins with the goldsmith for a fee; in exchange the goldsmith would issue a receipt with the amount of coins that were available, on demand, at any time to the bearer of the receipt. The paper represented the coinage that was on deposit with the goldsmith. The paper itself had no intrinsic value but it did, however, represent the coins and were thus one in the same. (Griffin, 2002)

I have in my possession a dollar bill that was issued in 1957. I also have a dollar bill that was issued in 2006. The largest difference in the two bills is that the 1957 bill clearly states on the bottom of its face the following, “One Dollar In Silver Payable to the Bearer on Demand.” At the top of the 1957 bill it reads, “Silver Certificate,” while the 2006 bill reads, “Federal Reserve Note”. According to Griffin in The Creature from Jekyll Island, “payable to the bearer on demand” was removed from the nations currency in 1964. (Griffin, 2002) Essentially, I interpret this to mean that I can no longer redeem paper currency for a precious metal of similar value. If that is the case then what, exactly, backs the United State currency?

Sources
Griffin, G. E. (2002). The creature from Jekyll Island A second look at the Federal Reserve (Fourth ed.). Westlake Village, CA: American Media.

Sirota, P. D. (2009). Essentials of real estate finance (Twelfth ed.). (G. D. Barrell, Ed.) La Crosse, WI: DF Institute Inc, d/b/a Dearborn Real Estate Education.

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Photo Credit

Sunday, August 29, 2010

Quick Quote Economics

The following quote is something to think about. Most of us are so "caught up" in our own lives, we never look at the big-picture-of-it-all to see how the powers-that-be manipulate us. Once a person becomes aware of the manipulation, he or she can then adjust and manipulate their lives accordingly.

Adam Smith surmised, and future theorists of the "dismal science" of economics confirmed it, that the free market required a pool of unemployed workers at the "bottom" of the economic scale in order to keep wages down.

I interpret this to mean that the larger the "bottom" class of people, the more rich the aristocrats are. Thus, eliminating the middle class and forcing a different economic system on the people. There is no longer a free market (capitalism) but a socialist one.

Soemthing to think about... when you listen to the evening news.... but more importantly.... something to think about when you vote this November!

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Quote Source:
Clancy Martin & Robert C. Solomon; Above the Bottom Line; Wadsworth; Belmont, CA; 2004