“Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” Albert Einstein
Without a comprehensive understanding in this axiom of the financial universe, much of public policy and finance is incomprehensible. The different positions of the borrower and the lender is obvious, but the notion that one can earn enough interest on savings to maintain the purchasing power of the principle is a bygone fantasy in the era of low interest rates.
Anyone who has ever injected politics into a discussion knows that it guarantees controversial discourse. People agree on very little, these days. It was not always that way. Once upon a time, there was a basic consensus on fundamental core worldviews. God was revered, natural law was accepted and tyranny was despised. Now, we live in perpetual chaos after burying the Almighty, discarding traditional values and tolerating permanent despotism. What remains is politics conducted as a fantasy sport game. Avoidance of reality is the source of national pride.
The horror stories about the Transportation Security Administration are indisputable. In the post 911 environment, civil liberties routinely ignored or eliminated, become a mere memory in a country that once prided itself as the beacon of freedom for the entire world. The TSA is part of the Department of Homeland Security. FEMA, the Federal Emergency Management Agency is also an agency of DHS. The public relation spin for the purpose of such authorities is to protect citizens and guard the nation. The reality is that DHS bureaus have the same mission, keep the government safe from potential real or imaginary threats. Interpret threats to mean anyone who opposes the establishment regime, now known as, the military-industrial-financial-security complex.
Government arrogance and pious hypocrisy reaches a new high when the sinister Environmental Protection Agency strikes out to save the children. The official position on the EPA website has one singing the Amerika version of “Don’t cry for me Argentina”. EPA Proposes First Carbon Pollution Standard for Future Power Plants
“Today we’re taking a common-sense step to reduce pollution in our air, protect the planet for our children, and move us into a new era of American energy,” said EPA Administrator Lisa P. Jackson. “Right now there are no limits to the amount of carbon pollution that future power plants will be able to put into our skies – and the health and economic threats of a changing climate continue to grow. We’re putting in place a standard that relies on the use of clean, American made technology to tackle a challenge that we can’t leave to our kids and grandkids.”
The pathetic attack on religious freedom and the sanctity of individual conscience is a shot heard round the planet. The social desecration that surrounds this immoral culture has a defamed religious czar, named Barack Hussein Obama. Kathleen Sebelius, secretary of Health and Human service is a disgrace. She acts as the High Priestess of the Church for the Police State. No matter what your opinion is of the Catholic Church, one practice surely shows the wisdom of the faith. Women are not ordained as priests.
All the bluster about women’s reproductive rights misses the nature of the issue. America was created as a nation to guarantee religious freedom. According to the gospel of Obama, his bishops wear skirts and jack boots. By ordering an unconstitutional dictate, Sebelius’ heretical doctrine views the First Amendment as expendable. History repeats itself.
Which is it? Ho Ho Ho or Bah! Humbug!
When it comes to the Barack Obama presents you received during his administration, what you got is a visit from a Christmas basher without the redeeming value of a Grinch or Scrooge. Examine the generous gifts this “Bad Santa” doled out during his holiday season. Postponing another indulgent vacation is a small price to pay for the enjoyment of keeping the cheer and folly celebration going. Be damn the cost, it is just too much fun to stop this excitement of stuffing coal in your stocking, once again.
The cradle of democracy is under attack. The Inherent Autonomy of the human spirit is at stake. What was won at the Battle of Thermopylae, was lost in the banksters board rooms that control the EU. The fluidity of this definitive game of chicken, poses the beheading of the rooster and the scorching of all the hens. This journey into Land of the Lotus Eaters, not only needs to blind Polyphemus, but must destroy his New World Order father, Poseidon. The designed destruction of democratic authority is meant to eliminate any referendum on the EU despotism. The phony debt instruments caused the Greek default, that will soon spread the planetary misery, on the rest of us. Western civilization’s birth, owes homage to the Greek principle of individual autonomy. Its demise is a product of the inherent betrayal of humanity by the forces of financial exploitation, that exemplifies 1 Timothy 6:10, For the love of money is a root of all kinds of evils.
If pleading the “Fifth” smells, the Solyndra drama will prove the stereotype applies in this instance. A good old-fashioned scandal in an election year pumps up the media juices. The timeline on Solyndra tells only part of the history. The linkage of corporate cronyism dodges the real world result of “Green Energy” frauds. These shams can be traced back to the Enron schemes, especially their industrial wind model that defrauds the public.
The recent debt limit congressional circus must be a new Twilight Zone episode written by a computerized program straight out of central casting. Rod Serling must be turning in his grave. A twenty-first century rewrite of his exceptional Seven Days in May screenplay is certainly in order, this time with a different ending. If there are any confused or co-opted worshipers of the federal government left, what more proof do you need that the bipartisan political criminal class is determined to destroy this nation? Not convinced that this assessment is correct; then you need remediable instruction in arithmetic. Increasing the spending with more borrowed money cannot reduce the debt.
When libertarian and investment guru Harry Browne wrote, HOW I FOUND FREEDOM IN AN UNFREE WORLD, the prospects for a global monetary dictatorship was an imminent nightmare. Since his passing in 2006, that dreadful prospect has accelerated from a creeping likelihood into a horrific reality. The counterweight to the bankster’s suppression of individual liberty and economic independence may best be characterized as how to provide an alternative money system to the enslavement of debt created monetary, fractional reserve banking. Is it possible to develop a counter currency in the Global Gulag that now subjugates billions of serfs, under the financial tyranny of the international community?