Free Markets, Monetary Policies, And Energy Independence
Upheavals of toxic economic forces is sharply reducing purchasing power, partially because of the United State's citizenry, lawyers, lobbyists, and its political network. This bad situation has helped to further boost the dynamics of this debt ridden society .
Case in point... Washington, D.C. Circa 2008. Wall Street's army of wing tipped personalities march up Capitol Hill's steps to pull off the multi-task operation of scaring and dictating to the masses. Big business bailouts have become the order of the day and now the grandaddy of them all might soon leach the taxation money out of us. A seventy billion dollar [minimum] BAILOUT... thank you Hank [Paulson]! Thank you for all your well paid lobbyists, pulling the strings of sovereignty out of Washington with each of your high power economic moves. Now our once infallible dollar has come on hard times, inflation is increasing, and our national economy is definately recession.
While not all of our current problems could be solved with a magic wand, it is imperative that we steer our national ship in a better direction. Despite the fact that most people do not fully understand this issue, this problem's roots take place with our monetary creation becoming a "catch 22." In order to manufacture these one, five, ten, twenty, fifty, and one hundred dollar units, a cycle of debt is enacted.
Many moons ago when exhaustingly long lines were cued up behind petreul pumps, citizens should have gone beyond the mindframe of the 1970's mentality, driving 55 miles per hour. Common folk should have become more aware of oil company lobbyists pandering to the Middle Eastern dictators. Eventually we have paid for citizen apathy. At least notice has finally been documented.
I have a bit of good news and lots of bad news. Lets drive in reverse and state the bad portion first. We will have one hell of a time getting out of this economic slowdown/recession/depression. Expect more bailouts. Expect the dollar to furtherly deduct its value on a daily basis.
And the good news... some positive results are in the future by the United States becoming involved in its second Declaration of Independence. This action of bypassing the Straights of Hormuz could easily be obtained by drilling for domestic oil, while alternative energy is reserached and implemented until it is brought online. If the dire situation of the dollar continuing to fall south is corrected, this action of energy independence could possibly bring us back to becoming an economic superpower.
And for a bit more of bad news. Bailouts are going to flow like foreign oil being exported to the United States unless the Federal Reserve bank's pillars are so radically revamped that Paulson, Bernanke, and their good ole boy network becomes divorced from the United states of America.
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Case in point... Washington, D.C. Circa 2008. Wall Street's army of wing tipped personalities march up Capitol Hill's steps to pull off the multi-task operation of scaring and dictating to the masses. Big business bailouts have become the order of the day and now the grandaddy of them all might soon leach the taxation money out of us. A seventy billion dollar [minimum] BAILOUT... thank you Hank [Paulson]! Thank you for all your well paid lobbyists, pulling the strings of sovereignty out of Washington with each of your high power economic moves. Now our once infallible dollar has come on hard times, inflation is increasing, and our national economy is definately recession.
While not all of our current problems could be solved with a magic wand, it is imperative that we steer our national ship in a better direction. Despite the fact that most people do not fully understand this issue, this problem's roots take place with our monetary creation becoming a "catch 22." In order to manufacture these one, five, ten, twenty, fifty, and one hundred dollar units, a cycle of debt is enacted.
Many moons ago when exhaustingly long lines were cued up behind petreul pumps, citizens should have gone beyond the mindframe of the 1970's mentality, driving 55 miles per hour. Common folk should have become more aware of oil company lobbyists pandering to the Middle Eastern dictators. Eventually we have paid for citizen apathy. At least notice has finally been documented.
I have a bit of good news and lots of bad news. Lets drive in reverse and state the bad portion first. We will have one hell of a time getting out of this economic slowdown/recession/depression. Expect more bailouts. Expect the dollar to furtherly deduct its value on a daily basis.
And the good news... some positive results are in the future by the United States becoming involved in its second Declaration of Independence. This action of bypassing the Straights of Hormuz could easily be obtained by drilling for domestic oil, while alternative energy is reserached and implemented until it is brought online. If the dire situation of the dollar continuing to fall south is corrected, this action of energy independence could possibly bring us back to becoming an economic superpower.
And for a bit more of bad news. Bailouts are going to flow like foreign oil being exported to the United States unless the Federal Reserve bank's pillars are so radically revamped that Paulson, Bernanke, and their good ole boy network becomes divorced from the United states of America.
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Labels: Ben Bernanke, Donald Paulson, Energy Independence, Federal Reserve System, Monetary Policy
