Scottj88

Original Blog Post: http://thehardrightedge.com/twilightzone/

Since childhood, I have always been fascinated with problem solving and understanding the dynamics of risk. As a young child, I was a nuisance to my brother about not breaking the rules mom set for us... as I did not want to be punished. His troubles would be my troubles was my thinking (my brother was 4 years older and had different feelings). Later I developed an obsession with poker, had some very nice runs from "rags to riches", but only to let my emotions consistently overcome rational judgement giving it all back in a flash (repeated lesson in breakdown of risk-management). In college, I transferred initially from a concentration in mathematics into a degree in actuarial science, which can be described as financial risk management. And last August, I stumbled into gold and silver, the ultimate safe-haven against failing currency(s) (mislabeled as a risky asset).



I feel that most people I encounter understand that there is a problem in the world, but they can't quite put their finger on the causes nor the magnitude of our financial/societal woes. Surprisingly, even our very own Private Federeal Reserve Chairman (Ben Bernanke) admitted in his most recent television appearance that the FOMC (Federal Open Market Committee) is confused by the slow growth in the economy... Really? How comforting for the deciders of my/our economic future (they are private controllers of our currency), who completely missed the biggest economic meltdown in modern financial history, to now be admitting they are surprised by the lack of economic progress.

“We don't have a precise read on why this slower pace of growth is persisting. One way to think about it is that maybe some of the headwinds that have been concerning us, like, you know, weakness in the financial sector, problems in the housing sector, balance sheet and de-leveraging issues -- some of these headwinds may be stronger and more persistent than we thought.” -- Ben Bernanke (6/22/11)

If you are not familiar with the complete absurdity of the privately elected Ben Bernanke's knack for being dead wrong while being held in high esteem by both the Democrats and Republican presidents alike (Bush "appointed" him in 2006 and Obama re-confirmed his approval), then I present 5 minutes of Ben Bernanke failure. It seems that for the past 5 years Bernanke has been spewing the kool-aid and we as Americans (and the world) haven't stopped to notice the false-logic he presents as truth.

It is important to note that it is not Bernanke that is the problem, instead it is the position he holds outside the interests and loyalties of the American Public (you and me). While watching this video, remember this man holds the fate of everyone (including you and me) as he is in charge of keeping our medium of exchange (currency) of value. Now that we are on a completely fiat currency (paper backed by "trust" since abolishment of gold standard in 1971), the value of the dollar is derived from the trust that the currency exists in the future (Take a Peek at the Price of Gold since 1971 chart again with this in mind... and realize financial analysts consider gold risky with its 30 year track record of massive gains, being that of a weakening confidence in the US Dollar).

httpv://www.youtube.com/watch?v=9QpD64GUoXw

Let it be known that almost all problems we face today are symptoms of the core problem, a currency with no long-run sustainability (if not all problems). All of the problems that are debated today are rooted fundamentally through our illegitimate medium of exchange, the US Dollar (the Federal Reserve Note). Since our currency is corrupt/manipulated at origination, we see manipulation and corruption "trickling down" and manifesting everywhere around us in our society. If we were to not have a wealth-leeching currency, there would exist less opportunity for corruption within the system, that I am sure of. Below is one of the best visual explanations of how our currency is created. Mike Maloney is a fantastic resource on this behalf:

(Please Skip to 7:30 for his presentation on currency creation)

httpv://www.youtube.com/watch?v=uzef43gdupk&feature=player_detailpage#t=44 9s

I have found it is irrelevant to solely focus on the symptoms of the problem (such as: GDP (Gross Domestic Product), unemployment, inflation, regulation, etc...), as they are all controlled/contrived by the same people who got us to where we are now. Instead, I choose to investigate how the illegitimate currency has seeded into our most valuable resources as a society.

The truth of the matter is that GDP (our primary indicator of growth) is an extremely poor indicator of a healthy economy, but through academic and media propaganda, this one statistic has consumed the consciousness of the economy. It is noteworthy to point out that GDP is only a measure of how much money changes hands (all transactions taxed), and our constant spending/consumption is the fuel needed to "stimulate" the economy. What happens when America hits its credit limit?



This misleading indicator has allowed the American economy to almost completely transform into a consumer, governmental, bureaucratic, banking, militaristic, and "social media" centered economy. Meanwhile, America's role in manufacturing and agriculture (creating real wealth) has been severely destroyed and/or intentionally humiliated.

American agriculture has become poisoned with genetically engineered crops, hormones, pesticides, regulations and other chemicals mainly produced/licensed by food and chemical tycoon Monsanto; Additionally, in our twilight reality, the FDA is run by Monsanto as seen by the recent "Food Czar" appointed by Obama (nice choice of words in "Czar" in a "free country").

In my mind, it is no coincidence that the amount of diseases (especially cancer) has increased as the transition into chemically altered foods has been introduced into our food supply. As far as I can tell, American food policy is one of profit and malnutrition, instead of one of health and balance. This is in complete opposition from what we would hope it would be... why are we not debating this on a national stage? Look at the food required to be eaten (no outside lunches allowed) in Chicago Public schools if there is any doubt in my claim (the education system is another bureaucratic tragedy).



American manufacturing has been exported to foreign countries in which our favorite brand corporations exploit cheap/slave labor and avoid high U.S. tax rates in the name of capitalism (profit). I know it isn't pleasant to think about, but I find it naive to not understand where our (for now) cheap goods originate from. These trapped human souls have a reality in which has been exploited and then justified by the outside world as: "that's just the way it is."

I don't believe it. Instead, I believe our lack of understanding for others has left us vulnerable to our own servitude not fully realized by the collective conscious yet.



As surreal and saddening the realizations about the misguided priorities of our economic system may be, these problems exist because they are symptoms of the core problem, the private for-profit fiat currencies (money backed by nothing). The Federal Reserve is using unprecedented financial policy in an unprecedented role as the World Reserve Currency. A quick history lesson of the history of reserve currencies shows the historic role the Federal Reserve Note took on in 1971. Does the fact that I keep mentioning paper currency strike you differently looking at the picture below? When the Federal Reserve Note inevitably fails (My previous post: The Federal Reserve Note, 1971-2012?), how am I as an individual not suppose to think that everything is about to change as a result.



Finish of article on blog: http://thehardrightedge.com/twilightzone/