News and Politics

I haven't posted in here for a long time because I've been busier than a one-legged butt-kicker!

What is on my mind is the continuing polarization of our political and financial sectors. I cannot even listen to the "news" anymore, because for me it is so obviously just propaganda. ABC,CBS, NBC, FOX, NPR, all of these "news" outlets essentially broadcast the same information. Our "news" services are owned and controlled, lock, stock, and barrel, by corporations with agendas.

We are told that our Democratic and Republican representatives in Congress are debating about how to cut 50 or 60 billion dollars from a 3.5 trillion dollar budget. The deficit for 2011 fiscal year is expected to be over a trillion dollars. Yessir, cutting that 50 billion (in domestic spending, of course) will make a real big dent in the deficit!

Meanwhile, the "defense" department of the United States is spending over half a trillion trillion dollars every year. The United States military has bases all over the world. According to Wikipedia, the military of the United States is deployed in more than 150 countries, with more than 369,000 of its 1,580,255 active-duty personnel serving outside the United States and its territories. Many of our troops are still located at installations activated during the Cold War. Since 2001, the US has redeployed some of its forces as part of the "War on Terror."

The U.S. is fighting two pointless wars in Afghanistan and in Iraq, yet our representatives and our president cannot rationally answer a simple question like "What are we doing in Afghanistan?" "What are we doing in Iraq?"

A friend of mine asserts that the U.S. military must be present all over the world to "defend our freedoms." Yet in the United States, we have less and less freedom every year, so that can't be the answer.

What is the obvious solution?

We can start by drastically cutting the inflated Defense budget. That is, if we really believe in peace and freedom, and not war. Because our "Defense" Department is actually a Department of War. It's DoubleSpeak, just as George Orwell predicted in his book, 1984. Orwell said, if you'll recall, that "war is peace." How prescient! And while we're at it, let's haul the director of the CIA into Congress and ask him what his agencies are up to and how much money is going in to the "intelligence community." My guess is hundreds of billions of dollars every year. Meanwhile, our infrastructure is falling apart and our economy is struggling.

There's a gigantic dent in our budget deficit.

Of course, chicken-little's in the mainstream media will squawk that the sky will fall if we bring our troops home. "But we can't fight the war on terrorism if we stick our heads in the sand!" they will cry. Well, we simply can't afford our defense budget anymore. We have to live within our means. And the war on terrorism is just an excuse to pass more draconian legislation like the Patriot Acts and the Homegrown Terrorist Protection Act, that further restrict our freedoms. The wars in Libya, Afghanistan, and Iraq, and the war on terrorism, keep us in fear and divert our attention away from the gutting of our Constitution and the destruction of our financial sector.

We don't have a budget deficit in the United States. The IRS is set to collect over 2 trillion dollars this year! What we have is insane budget priorities.

The budget of the Unites States is geared toward war, it is as simple as that. And war is insane.

Our defense department does not defend the United States. It is an offensive organization that invades weaker countries and misspends tens of billions every year. Our intelligence community gives bad advice year after year, and is not held accountable. It's budget is not known by anyone in government. Both of these organizations drain hundreds of billions from our budget every year, and are unnecessary for true freedom.

In effect, the government of the people has been taken over by a cancer that has infected every department.

So what can we, the people, do?

The first thing we can do is stop voting Democrat or Republican, except for those Dems and Reps who show true integrity (like congressman Ron Paul). Democrats and Republicans are responsible for the bad decisions that have decimated our economy, our finances, and our politics.

A Congress filled with third-party representatives would certainly be willing to embark on real change! If we want real change we have to actually change, not just give lip-service to change.

The second thing we can do is audit the privately-owned Federal Reserve. Our government pays hundreds of billions of dollars in interest every year to this privately owned organization, for the sole purpose of printing and managing the money supply.

This, of course, is preposterous when the constitution gives the government the right to print and manage money. So the next thing the government can do is to refuse to pay the Fed the interest owing on the money it has lent to the United States. This money isn't real anyway, it's simply an electronic creation of the Fed, and has no real value.

Why should the people of the United States pay interest on worthless money to a bunch of people who have grossly mismanaged the dollar, and inflated it all out of proportion? We could save trillions of dollars right there. In answer to the argument that "you should always pay your debts," I say that we have already paid our debt to the Federal Reserve a hundred times over. No more money to the Fed and it's private owners! Let's institute an honest money system and let the Federal government print and manage our money, not a privately-owned bank. If we are going to have fiscal irresponsibility, let it be done by representatives who are accountable to the people, not unreachable persons like Paul Volcker, Alan Greenspan, and Ben Bernaicke.

But in order to do that, of course, we need new blood in Congress, and that means electing many more third party representatives. It isn't possible to do worse than these two corrupt gangs!

The problems that we have in the United States can be solved by the people taking back their government. We must abolish the Federal Reserve, end the phony war on terrorism, and bring our troops back home to work productively in the United States.
Our brave men and women in the armed forces are trained in leadership and hard work, and would be enormous assets in the domestic economy.

The rest of the world is waiting for us to do this. And the "terrorists" are largely a creation of the intelligence communities of the world, to keep the people fearful and allow them to suck us dry like the parasites they are.

If you had a bunch of blood-sucking leeches on your body, the first thing your doctor would do is remove them!

The third thing we can do is publish the budget of the intelligence services, and find out exactly what these fellows are doing. We need strong Congressional oversight over both the military and the intelligence community, to re-establish civilian control over organizations that have run amok.

That's my story and I'm sticking to it!

I've been around for 58 years, but I've rarely heard anything as stupid and as silly as the current debate over "health care." Nobody asks the fundamental questions. We hear debates about the "public option," privately-owned health care accounts, and waste and fraud in the current system, but nobody asks the question: "What IS health care?"

"Well," you say, "it's just what it says, stupid: health care…OK, it's a way to ensure that you get the proper care when you get sick."

But is it? These explanations all assume that "health care coverage" is about health. And it isn't.
It's about pharmaceutical drugs.

Look in the Physicians Desk Reference, and you'll find literally hundreds of drugs listed. But any doctor will tell you that these drugs treat symptoms. There isn't one drug in that entire huge book that cures anything, so far as I know. That's why the medical profession is so insistent that alternative practitioners can't claim a cure for any disease or health condition. They can't cure anything, so they assume that you can't either.

Orthodox, allopathic medicine has two tools in their "health" toolbox: drugs and invasive surgeries. That's what is covered in these so-called government guaranteed plans for "health care" coverage. The current health care legislation before Congress is simply a political payback to Big Pharma, for the millions big drug companies have poured into the coffers of our (so-called) elected "representatives." In most cases, your Congressman doesn't represent you, he or she represents the people who contribute to their political campaigns. That's what the party system has always been and probably always will be. That's why Jefferson and many of our founding fathers warned us against the party system.

But back to health care. Medical doctors can't cure anything. If you are given a drug, that drug will treat your symptoms, not the cause of those symptoms. Medical doctors are trained to believe –no, to know- that only a QUACK claims that he or she can cure anything. The FDA is simply an organization that promotes pharmaceutical drugs, and stomps on alternative medical practitioners. Don't get me wrong, we DO need a watchdog agency to clamp down on charlatans. Of course, there ARE alternative medical quacks, probably lots of them. But if you are going to be paying for health care, shouldn't you have a choice of practitioners? (And no, the government isn't paying for it, YOU are paying for it! Our government is bankrupt, and additional coverage guaranteed by the government will be paid for by printing more and more money, resulting in higher and higher inflation).

There are also allopathic medical quacks as well. The entire FDA drug review process is suspect, and some claim that the studies are biased toward approving drugs that have cost drug companies billions to bring to market. The recall of drugs like Vioxx make it plain that the FDA approval process has serious flaws.

A TRUE health care bill would include coverage for tried and proven alternative health systems like Chinese medicine, acupuncture, herbology, reflexology, etc. These are systems that strive to ACTUALLY CURE your condition, not mask it so that you have to keep buying drugs. And a rational health care would also include coverage for proven new therapies such as Rife technology. Royal Raymond Rife, a brilliant American scientist, cured cancer back in 1934. A banquet was held in his honor back then, attended by prominent scientists and physicians in Southern California, called "The End to All Diseases." I know a doctor (who shall remain nameless of course) who is getting cancer cure rates over 94% using Rife technology, as opposed to under 5% with chemo. And chemo costs a bundle, whereas Rife is much, much cheaper and safer.

A rational health care debate would first ask the question, "what is health care?" and define it. And then proceed from there. But of course, that cannot be done. For to ask that question would bring forth all sorts of unpleasant realities about the pharmaceutical industry and BOTH parties' connection to it. The Republican opposition to health care is mere grandstanding.

So the next time someone asks you whether you have health care coverage, ask them what they mean by health care. I'll bet you most people can't even answer that basic question intelligently. And while you're at it, look up who your representatives in Congress are, and how they voted on issues that are important to you.

1 Comment

Soviet America

“Any society that would give up a little liberty to gain a little security will deserve neither and lose both.”
-- Benjamin Franklin

Vladimir Illich Ulyanov (later known as Lenin) was the leader of the Bolsheviks. In 1917, he was elected head of the newly created Soviet State in Russia after the February Russian revolution. One of the first things he did was establish the secret police (euphemistically referred to as the “state security organization”), the cheka, which later evolved under Stalin into the NKVD, under the notorious criminal Lavrenti Beria.

The Soviet state was based upon guile and duplicity, controlled by what are now known as “intelligence” organizations, and supported by a ruthless state security apparatus.. To this day, one of the most feared intelligence services in all the world is the Russian GRU (Military Intelligence). The current Russian President, according to intelligence analyst Christopher Story, is himself GRU, which means that he is an intelligence agent masquerading as the Russian president.

To make a long story short, Lenin organized the Soviet state so that a small elite could control the entire country. He did so by building a strong Interior department with a large military force that was used to crush dissent within Russia. The organization of the Soviet State applied the concept of “dialectical materialism” in which one part of the government could be used to stymie the actions of another department.

Lenin (and his successor, Stalin) created a Communist Party system that mirrored the departments in the Soviet government, so that a complainant might go to the relevant government department, only to be told that he must check with the mirror Party structure. In this way, confusion and obfuscation was created, which served two purposes: it created chaos, unpredictability, and confusion, which allowed a very small group at the top to exercise power over the population (and the eventual collapse of the Soviet state, for that is always the outcome of obfuscation and chaos); and two, this system allowed those at the top to avoid the Rule of Law and play the game by their own rules.

In America at the present time, we also have Leninist structures in place. These structures are contained within the vast Intelligence complex. In 1947, President Harry Truman signed the National Security Act of 1947 that formally created the Central Intelligence Agency and its spin-offs; and in 1952, the super-secret National Security Agency, which is the mirror of the Soviet Interior department, responsible for keeping domestic “order.” Many people think that our intelligence services only operate abroad, to defeat terrorism and protect the United States from attack. This is not so! The NSA was set up specifically to spy on American citizens and monitor domestic activity.

Furthermore, a series of National Security Council Directives since 1947 has essentially created hidden structures which have carte blanche to conduct assassinations, overthrow governments, engage in blackmail and other “covert” operations, all under cover of “national security.”

On the organization chart, the Intelligence structures are contained within the Executive Branch, but the reality of the past 30 years or so is that the Intelligence structures are above the government, and have a very powerful (and unhealthy) influence on government policy. We have seen, in the Bush II administration, how the President issued Executive Orders that simply blocked Executive Branch agencies from implementing Congressional legislation. This is just one example of the unhealthy influence of these hidden structures on the democratic process. We know of many instances where the CIA simply lied to Congress and its Intelligence Oversight committees. It turns out that the Gulf of Tonkin Incident which began the Vietnam war, was a fantasy. It never happened!

(http://www.sfgate.com/cgi-bin/article.c ... GN521.DTLo)

Yet tens of thousands of American soldiers died in that war, not to mention tens of thousands of Vietnamese. How many Americans even know this, or care?

In fact, in the United States today, the Vice President is more powerful than the President. The President has essentially become a figurehead.

The Vice-President heads the National Security Council, which issues secret directives and exerts an unhealthy influence on the President and the Executive branch of government. In the Bush II administration, we had a President who could barely speak coherently. The real power behind the throne was Vice President Cheney, who was in direct contact with the Intelligence structures. The situation has continued under President Obama. Vice President Biden, chairman of the National Security Council, is more powerful than the President when it comes to making crucial decisions. Obama gets all the publicity and he makes all the speeches, just like George W. Bush, but his power is limited.

Our democracy is being undermined and usurped by the secret Intelligence structures.

William Casey former head of the CIA, said this in 1981, at his first staff meeting: “We will know when our disinformation program is a success when everything the American people believe is false.” (quoted by Christopher Story at worldreports.org). Does this sound fantastical?
Well, the unhealthy and covert intelligence influence has led to a breakdown in the Rule of Law not only in government, but also in finance and banking. It is a cancer that must be excised before it becomes malignant.

Here is a startling fact:

On July 21st, Neil Barofsky, the Congressionally appointed Special Inspector General looking into the TARP program (Troubled Assets Relief Program) stated that the Federal government has committed $23.7 TRILLION in guarantees to TARP, which means, essentially, the banks. That’s $23.7 TRILLION, not billion. That’s twice the size of the accumulated federal deficit. It’s twice the GDP of the United States. In his report on TARP to the House Committee on Oversight and Government Reform, Barofsky stated that "Although Treasury has taken some steps toward improving transparency in TARP programs, it has repeatedly failed to adopt recommendations that SIGTARP believes are essential to providing basic transparency and fulfill Treasury's stated commitment to implement TARP with the highest degree of accountability and transparency possible." (Barofsky is called SIGTARP).
Sources:
http://abcnews.go.com/Business/Politics ... 005&page=1
http://www.sigtarp.gov/987egapograbme12 ... SIGRTC.pdf

How can something like this – which will literally bankrupt the country – not make screaming headlines on every TV news program. radio program, and newspaper? Well, it did make headlines in the “Money” section of ABC News, but not on the front page where it certainly belongs.

Where is this $23.7 trillion in guarantees going? To prop up the overvaluied derivatives sector, which has been created by the banks. Essentially, banks have created exotic financial products like Credit Default Swaps (CDS’s), Collateralized Debt Obligations (CDOs) and Mortgage Backed Securities, whose actual market value is a fraction of their stated value. The TARP program is, essentially, an effort by the U.S. Treasury to borrow and print literally trillions of dollars to continue a financial fantasy. It’s nutty! The U.S. Treasury insists that these grossly overvalued “structured products” be valued at their bloated face-value (the value that the banks claim they are worth) rather than at market value. What we have here is a complete lack of honesty and transparency. Sort of reminds you of...er...the Soviet Union, doesn’t it? In the Soviet Union, the Intelligence structures had complete control of government and finance.

You can just hear people screaming: “But America is the strongest country in the world!!” It certainly used to be, anyway. Now, the United States is bankrupt. Our government and our central bank – the Federal reserve -- simply will not admit it.

The only reason our economy has not collapsed and our government defaulted on its debts is that the dollar has been the linchpin world currency since the Bretton Woods agreement in 1944. Everyone is holding dollars, so everyone is involved. When we devalue our currency, everyone’s dollar-denominated investments are adversely affected. It’s like the old saying, “If I owe you $100, you’ve got me, but if I owe you $1,000,000, I’ve got you.” Those who hold dollar-denominated investments can’t afford to attack the United States financially, even when we recklessly destroy our own currency. The rest of the world is in the same boat as the United States, but we are at the helm, and not doing a good job of keeping the financial Ship of State afloat. Our planetary boat is leaking and we are all sinking!

What are our elected representatives in Congress doing about this mess? That is something each and every one of us must ask them.

Our government has been slowly penetrated, ladies and gentlemen, by the Intelligence power. And because the Intelligence structures are secret and hidden, it is impossible to properly monitor them. We need to open the Pandora’s Box of the Intelligence structures and let the light shine into the darkness.

A democracy doesn’t need secret, covert agencies that have the ability to commit acts that would be considered criminal in a court of law. That’s why there are separate Intelligence Courts and judges. These structures are justified on the basis of “national security.” Their proceedings are secret – of course they are secret – if the American public knew what was going on in the name of their democracy, we would all be shocked.

In essence, the Intelligence community is allowed to commit criminal acts in the name of “national security.” This is completely unacceptable. Lies lead to more lies, and weaken anyone or any organization that practices deceit. (See my blog post "Is Honesty Really the Best Policy?") Truth and openness comes from strength, covertness and secrecy is weakness. Those who insist on “national security” do so because they are covering up criminal activity. It’s just as simple as that.

It’s time to blow the lid off the CIA and the entire hidden labyrinth of the Intelligence structures, before we totally lose our democracy. It’s time to audit the Federal Reserve. It’s time to restore honest money and honest finance in America! This cannot happen unless the people demand it. But we have to be smart about this. Protesting and fighting in the streets is just stupid; it’s been tried, and it doesn’t work. Resisting anything just places your attention on it and makes it more powerful.

Do you want to make a difference? Go to DownsizeDC.org and sign up. Pick a campaign and begin to work for positive political change. Call your representatives and demand to know why the government and the Federal Reserve are borrowing and printing money like madmen, all in an attempt to shore up a financial fantasy.

Even more important, create your life in a positive fashion! Go to sunrise-production.org and sign up to see our inspiring and educational free movies, which will give you a fundamental platform of understanding of the Big Picture. Check out my main site The Big Picture, at http://www.kjmaclean.com. There are dozens of free essays and eBooks for your perusal.

And above all, STAY INFORMED. The backbone of a strong democracy is an informed citizenship!

TALF – The Great Obama Scam

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Sorry about all of the recent economic posts, folks, but the more the current financial crisis unfolds, the more preposterous it gets! Frankly, I can't believe what I'm seeing, and I use this forum to vent a little, and, hopefully, to enlighten my readers  and inspire them to take positive action. 😉
$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Well, it looks like the current administration is a carbon copy of the old one. First it was TARP, a scam bailout of big banks and insurance companies like AIG. Then, the “stimulus” bill. Now comes TALF, the grand Geithner plan to buy up toxic assets and relieve the banks of the burden of worthless derivative assets (“structured products”) that they themselves created.

You’ll recall that in  February, soon after Obama was sworn in, the House and Senate passed a “stimulus” bill. This bill, which no one in Congress  bothered to read (of course) is supposed to “stimulate” the economy by creating around $800 billion more fiat money. But of course, money is not really money, is it? It’s debt.

Take out a bill of any denomination and read the top. It says “Federal Reserve Note.” A note is a promise to pay, a debt. The FRN is simply an IOU. All money in our economy is actually debt. If you don’t believe me, go to You Tube and watch a movie called “Money As Debt.”

Fiat money, or money by decree, can be created by the Fed because it is backed by nothing of value, and is itself intrinsically worthless. In fact, our currency, the dollar, is just another scam. If you look on any bill you will see the inscription “This note is legal tender for all debts public and private.” Legal tender laws force you to accept worthless Federal Reserve Notes in exchange for valuable goods and services. When the printing of money can be accomplished with no restraint, you get a destruction and a devaluation of the currency. And that is precisely what has happened, in case you just arrived from the planet Remulak and haven’t a clue.

Now, back to the stimulus bill.  Recall that President Obama promised the most open, transparent administration in history. He pledged to not sign bills that hadn't been posted online for the public to read for at least five days BEFORE the final vote was cast.
Speaker Nancy Pelosi promised that the final version of the stimulus bill would be posted online for at least 48 hours before the vote. Here's what happened instead:

The 1,073 page bill, with an extra 421 page Explanatory Statement, was delivered, still unfinished, at midnight Thursday Feb 12th.  The House passed the bill 14 hours and 24 minutes later.  The Senate did likewise 3 hours and 5 minutes after the House.  This “stimulus bill” still had handwritten notes in the margins at the time it was passed. (Source, DownsizeDC.org)

So much for campaign promises, and so much for integrity.  But that was just the start. Now comes TALF, or Term Asset Backed Securities Loan Facility. This nutty plan will operate, in a nutshell, like this:

“Toxic assets,” (as they have been described by the White House Press secretary) are to be bought up using more fiat money that has been created out of thin air by the Federal Reserve. In anticipation of this new debt, Congress recently increased the Statutory Debt Ceiling from $9.662 trillion dollars to over $12.1 trillion. The Obama administration plans to print 2.3 trillion dollars of new money between March and Sep 30, 2009 (the end of the government’s fiscal year.) This money will go to “investors” who will buy up the “toxic” assets at their nominal value. Of course their real (market) value is unknown, but is certainly much, much less than their stated value. That’s why the banks are in trouble. They are carrying “assets” on their balance sheets that have no relationship to reality.

Congress, and the government, is apparently prepared to continue this charade.  It’s nothing more than a game of musical chairs. A Ponzi scam. Print more bad money to bail out bad investment decisions.  As long as the music doesn’t stop, the game can continue (the game of printing and creating more fiat money -- debt -- out of thin air) until hyperinflation causes a crash and the music stops.

What is the result of the crash? A readjustment back to true market value. So, you ask, why not do that in the first place before things get even worse? That’s the question you must ask your Congressional representatives and your President.

Sure, some people are going to get hurt, but those are the people who made bad choices. Don’t punish the rest of us who have been responsible and pay our debts! Governments, however, reward irresponsibility and punish honesty. Governments reward losers and punish winners. That is a recipe for failure, as we are seeing manifest right before our eyes.

What will happen, of course, is that after $800 billion of TARP and $800 billion of “stimulus” bills, and another $2.3 trillion of TALF, hyperinflation will result, as too much currency chases too few goods and services. Who gets hurt during inflationary periods? Why, the old and the poor, the very people the Democrats say they want to help. Not to mention honest, able people who have saved up their money and now see their purchasing power diminish as the Fed continues to create more and more money (debt).

The argument that new money will stimulate the economy is disingenuous at best, because everyone understands that it’s going to take a long time for that stimulus to actually result in the production of more goods and services in the private sector. The real problem is that all of this new money will eventually find its way back to the banks. It’s another disguised bailout, and it’s what the Democrats and the Republicans are hoping you don’t figure out.

The people in Congress should understand this, but they apparently do not. If your congressman or Senator votes(d) for these bills, they should be recalled.
(Guess what, people? The arguments you see on TV are all for show. Democrats and Republicans are actually quite friendly. They see each other outside the Capitol Building, have dinner, and socialize together. If you think there is a fundamental difference between Democrats and Republicans – despite what idiots like Bill Maher say --  I’ve got a used car I’d like to sell you.)

Back to TALF. Let me ask you something: if you lent $10,000 to your brother-in-law and you know he can’t pay it back, what do you do? Well, you write that $10,000 off your personal balance sheet. It’s just too bad, but you have to eat it.

The government’s plan, however, under TALF, is to go out and get a credit card and put $10,000 on it. Except that they are playing with trillions, not thousands!

How can you “buy back” worthless assets by creating more debt? You can’t.

But this is the insane plan of the Obama administration, the Geithner Treasury, and the Democrats.  Of course, the hypocritical Republicans, who did the same thing when they had control of Congress, are now playing holier-than-thou.

What’s the point?

The point is, we can no longer trust the Republican or the Democratic parties. The Republican-Democratic debate is a false dichotomy, as I have pointed out in an earlier blog post. Until the electorate wakes up and refuses to put any more of these jokers in office, America will continue down the road to financial ruin.

What can you do?

Join Downsize DC at DownsizeDC.org (non-profit). Find out what’s going on in Washington D.C. and do something positive about it! And for God’s sake, get yourself educated on the subjects of money and finance. Start by going to You Tube and see “Money As Debt.”
There’s still time to save America, but we as citizens cannot accept “business as usual” from the Democratic and Republican parties.

P.S. I promise I’ll eventually put up parts 2 and part 3 of It’s Nitty-Gritty Time. I’ve been busier than a one-legged buttkicker the past month, working on my new project, called The Give-A-Shit-O-Meter. Coming soon to a website near you!

http//www.kjmaclean.com
http://www.sunrise-production.org
http://www.macleanediting.com

2 Comments

It's The Economy, Stupid

While the mainstream media focuses on politics, scandals, Scooter Libby and the war in Iraq, behind the scenes the very fabric and foundation of our country is being destroyed. The Wizard of Oz motif has been overused, but really, when you pull back the curtain you see that idiots are running the show.

Politics is a subset of economics. In other words, politics is itself about securing privileges for various competing factions. It doesn't matter if the government is a group of village elders in the rain forest of Brazil, or the government in Washington. Government exists to organize and protect the vested interest. When a transportation bill is passed, for example, perks are written in for companies that have contributed to the campaigns of the elected officials who serve on the committee. Those perks involve contracts for road and bridge building and repair, for example. That's about MONEY. If you have money you can influence people.

The United States became the most powerful military force in the world because we had the strongest economy. But that is no longer the case. The United States is bankrupt..
If you read my Federal Reserve post, you understand that since 1973, when the U.S. went off the silver standard, our money has been created out of thin air. The dollar has been inflated to the point where there are now, according to World Reports Limited (Christopher Story) over 1 quadrillion US dollars floating around in the international derivatives market. That's 1,000 trillion dollars, folks. And that doesn't include our annual balance of payments deficit and our government's deficit spending!

Where do you think the government gets the money to fight the war in Iraq, for example? Well, the U.S. Congress authorizes expenditure and the Federal Reserve creates the money out of nothing, thus inflating our currency (and destroying its purchasing power) every time a dollar is appropriated that does not come from revenues (taxes, fees, etc).

"But this is insane!" you say. "How can politicians get away with that?"

Well, it's pretty easy: YOU ELECTED THEM. Yeah, these guys are assholes. But we put them into office.

Once you get used to the idea that you can create money out of nothing, it becomes addicting. Most of our Congress people are well meaning, but they simply do not understand (or ignore) economics! The current Administration is more interested in establishing some kind of religious Christian state, and attacking unbelievers in some kind of fucked–up Third Millennium Crusade, than it is in keeping our economy strong.

Fiat money has, quite simply, created a disconnect between economics and politics. Politics and religious fervor is seen as morally superior to economics and a sound currency, which probably stems from a Biblical belief that money is the source of all evil. Well guess what morons, natural laws are superior to man–made laws. You can legislate all the wars and perks you want, but if you ignore the laws of supply and demand, you are screwed. And that's exactly what is happening today. The United States, and the world economy, is on the brink of economic collapse. If the US dollar becomes worthless, our trading partners will no longer accept it as payment for goods and services. This will lead to a devaluation, similar to what happened in the Soviet Union after it collapsed. The Russians took a zero or two off the ruble, and their economy has still not recovered.

For example, it costs the Fed a few dollars to print up a note for $3 billion. That piece of paper magically assumes a value of 3 billion when it is sold to one of our trading partners; the Chinese, for example. How does that piece of paper magically assume a value of $3 billion? How does the US get away with that? Well, mainly because we are living on our rep. The dollar used to be as good as gold, and even when our currency became fiat, it was still backed by the full faith and confidence of the US government (which means the productivity of the US economy). When our economy was the most productive in the world, that was no problem. But it's not anymore. The dollar has been inflated and debased out of all proportion, and people around the world are getting worried. No one wants the US dollar to collapse because everybody holds US dollars! It's like the old saying "If you owe me $100 I've got you by the balls. But if you owe me $100,000, you've got me by the balls!" This statement just expresses the idea that when someone owes you a ton of money, you have no way to make them pay you so you'd better be nice to them.

All I'm saying is that we'd better get a grip. We'd better understand that politics is dependent upon economics. We'd better get our financial house in order. It's still not too late. The people we vote into office (Democrats and Republicans) have failed, however. It's that simple. These people have abandoned their responsibilities to a strong currency and a sound economy. We can no longer afford to keep voting for the people who are ruining our great country.

What can you do?

Vote independent. STOP voting for IDIOT Democrats and Republicans, UNLESS you are SURE of their integrity. IF WE DON'T CHANGE WHO WE VOTE FOR, THEY WON'T CHANGE.

Join Downsize D.C., an organization dedicated to bringing back sanity and responsibility in Washington.

Go to my website http://www.kjmaclean.com/ and check out some of the free articles. The real problem is a disconnect between the spiritual and the material. When you think you are a piece of meat, when you believe that when you die you're dead, you do all sorts of stupid things. That's because you do not know who you are. I guarantee you that the mischief makers on our planet are ALWAYS those people who do not understand their spiritual nature. Despite the religious hypocrisy that comes out of their mouths.

VOTE FOR PEOPLE WITH SPIRITUAL AWARENESS AND INTEGRITY, or run for office yourself!

Copyright © 2007 Kenneth James Michael MacLean
The Big Picture