HAPPY HALLOWEEN?October 31, 2011
Well, here in the ISA (Imperial States of Amerika), it's Halloween, and millions of kids (both children and adult) are out in force parading in disguises, knocking on doors and demanding "treats" or else one gets a "trick", i.e., a spell or threat. No, I'm not talking about those people knocking on your door and asking for candy, but rather, the people disguised as "businessmen" and calling themselves "financiers" and international bankers. And the candy they're demanding is more money. Sometimes the come dressed as Dummycrooks, and other times as Republithugs. Sometimes they come dressed as protestors in the Occupy movement, and sometimes as commentators espousing the virtues of self-reliant capitalism on the Faux News channel.
Now there is talk from US Senator Bernie Sanders (I-Vermont), Representative Barney Frank (D-Taxachusetts), and Representative Ron Paul (R-Taxus), for ending the Fed or "restructuring" it to eliminate conflicts of interest, or even outright nationalization.
All of this I view as a mixed blessing. There is no doubt in my mind that much of Wall STreet is nothing but a casino (and believe me, I've worked in them so know a little bit about how they operate. Maybe that's giving a bad name to casinos though...I'd feel safer with my money in a casino than in Wall Street.) While I certainly agree with these politicians that the corruption in the Fed is rampant and epidemic, I am not sure turning over the bank to a group of Dummycrooks and Republithugs is such a good idea either. After all, these parties have shipped our nations jobs overseas in droves in so-called "free trade" agreements, which are but agreements for cheap labor, cartelization, and more corruption. And then, of course, there's ROn Paul, who wants a return to the gold standard, i.e., a return of power to the very banksters that control the bullion supplies.
But there is one good thing in all of this, and that is that people's attention all over the western world are focused on the whole philosophy of money creation and "the money power" in a way that it has seldom been, not even, I suspect, during the Great Depression. The problem is now a matter of open public debate that only a few years ago was relegated to the sidelines and a few "fringe" politicians - as they were characterized in the major media - like Ron Paul. Even some of the major names in high finance, like Rothschild and Soros, are themselves criticizing the current system. Whatever else may be said, the fact that so many people the world over are now focused on the issuance of money, and who has the real authority to do so, is a plus. Can we all say "Ithica Hours"?