Keeping it simple – so Americans understand! - International Social/Political

I am reminded of a psychopath who was absolutely terrified of pronouncing ‘swear’ words; however, this same conservative religionist was a predatory paedophile and thought nothing of (or justified) destroying the lives of innocent children – never say ‘FUCK’ but condone (or ignore) the mass murder of millions of innocent men, women and children. Such is the state of American society today! In the social psychoanalytic sense it is clearly a VERY SICK society!

But to today’s first installment of the new approach:

Reading Economic REALITY 101

Is it possible to extinguish a petrol fire by pouring more petrol on it? Is it possible to revive a debt-destroyed economy by creating evermore debt? If you answered NO to both questions some ‘hope’ remains.

Perhaps a brief history of paper currency may assist at this stage.

The Chinese are ‘credited’ with creating paper currency. Notes were exchanged in business transactions instead of bulky precious metals for convenience and security reasons. These notes were honoured as they were backed by the indicated amount of gold or silver but most importantly they were guaranteed by government. Traders embraced the use of these notes as they covered large distances and were often attacked by bandits who were unable to collect on the notes!

The astute mountain man would have noticed a number of crucial points; the notes represented universally agreed upon standards of VALUE, in the form of GOLD or SILVER and were issued and redeemed under the authority of GOVERNMENT! These are the two most important characteristics of ANY currency! Now compare to today’s greenback which is not pegged to any universal standard such as gold and is NOT PRODUCED by GOVERNMENT!

If you were unaware that the American Federal Reserve Bank, which prints US money, is a PRIVATE organisation, NOW YOU KNOW! [Knowledge is power everywhere else; let’s hope it catches on in America!]

If paper currency adheres to the FUNDAMENTAL PRINCIPLES that give it value, trading economies are never compromised by the life blood of trade, MONEY! However, if currency is detached from its traditional standards and backers, gold and government, then prepare for inevitable ABUSE caused by THEFT and FRAUD, that simple -- and there is nothing any lying Wall St Bankster or Chicago Economist can say to counter that hard economic reality. We offer a global financial meltdown as proof they are only able to offer more LIES and THEFT!

Old habits die hard, I would like to draw your attention to disciplines that reveal much. Semiotics and textual analysis; these disciplines reveal everything there is to know about any given culture, the degree of information gained is only limited by the level of expertise of the practitioner/analyst!

For example, non-Americans traditionally refer to their currencies as ‘notes,’ as their currency has traditionally adhered to the two most important principles of value; whereas in America, where private concerns manufacture money and lend it to government with interest, these notes are referred to as ‘bills’ because that is exactly what American currency is, a transferable medium of DEBT!

The internationally touted (but not internationally adopted) American economic model had nowhere to go but collapse; the sooner free market capitalism is abandoned the sooner the nation would be able to recover – ALL ATTEMPTS TO REVIVE A DEAD MODEL ARE FUTILE, as will soon become evident to ALL!

Everyone is encouraged to confirm for themselves the veracity of the above. I sincerely hope this attempt at mountain writing succeeded and was simple enough for all Americans to understand, keep your noses clean! As for me I’m off to shoot me a possum for tonight’s stew!

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